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Howmet Aerospace Board Approves Preferred Stock Dividends

《TAIPEI TIMES》Taipei councilor handed nine years for corruptionThere are many ways to buy into the artificial intelligence (AI) frenzy. Many investors look to AI hardware designer Nvidia , making the former video gaming accelerator maven one of the most valuable companies in the world. Nvidia is a great company, but the stock may have soared too high, too fast. There are more reasonable AI ideas out there right now. Let me tell you why IBM ( IBM 0.26% ) , Micron Technology ( MU -0.12% ) , and Fiverr International ( FVRR 0.88% ) strike me as stronger AI investments in the fall of 2024. A weird herd of AI experts This trio may not be the most obvious AI investments on the market. But they have deep connections to the surging generative AI market, just from slightly unusual angles: IBM lets other companies focus on consumer-friendly AI tools and services while it doubles down on enterprise-class variants instead. Features like auditable data flows and integration with business intelligence tools don't write headlines, but they do inspire long-term service contracts with deep-pocketed corporations. As a result, Big Blue's generative AI platform already has $3 billion of service contracts , less than two years after its launch. Micron doesn't make AI accelerators. It designs and manufactures high-speed memory chips instead. The massive systems that train and then operate generative AI platforms require enormous amounts of memory, and so do the next-generation smartphones that launch with their own AI features. Micron's chips are in high demand thanks to these AI-based connections. Fiverr isn't working on the infrastructure side of the AI boom, but it takes advantage of generative AI in two distinct ways. The company's platform for matching freelancers with freelance service buyers makes heavy use of various AI technologies. The company also sells AI-related freelance services to a wide range of clients -- those AI systems won't build or run themselves, and it takes a human touch to squeeze business value out of generative AI tools. AI-related services have become a key growth driver for Fiverr . AI Stock 2-Year Total Return Price to Free Cash Flow Forward Price to Earnings Nvidia 848% 76.5 33.9 IBM 58% 15.8 20.0 Micron 70% 901.4 7.7 Fiverr (18%) 13.9 11.6 Data collected from YCharts and Finviz on Nov. 21, 2024. Bargain-bin valuations Nvidia has been crushing the rest of the stock market since key client OpenAI introduced ChatGPT almost exactly two years ago. That's great for longtime Nvidia owners, but the galloping gains left the stock hanging at uncomfortably high valuation ratios. No matter how you slice it, Nvidia stock is priced for perfection. The chart may still point upward from here, but there's a real risk of painful price corrections if Nvidia doesn't hold on to its early lead in AI accelerators. By contrast, IBM's AI-driven uptrend has only just begun. Fiverr's stock is actually down in the ChatGPT era, as bearish investors see generative AI as a threat to the company's freelancers. Some day soon, I expect Wall Street to start seeing these bargains for what they are. Fiverr and IBM are quietly building massive revenue streams in the AI space. Their stocks should eventually follow suit. Micron's unique profit trend Micron seems to stick out like a sore thumb in the valuation table above. How can I call the stock "cheap" when it trades at 900 times free cash flows and 146 times trailing earnings? The trick is to look forward instead of backward. The memory chip market endured a deep downturn when the ChatGPT boom kicked off. Micron's sales growth is back on track and its cash profits recently swung back into positive territory after a deep dip in red ink: MU Revenue (TTM) data by YCharts Micron's nosebleed-inducing valuation ratios are based on profits just above the breakeven line, but the future trend will change the math. "We are entering fiscal 2025 with the strongest competitive positioning in Micron's history," CEO Sanjay Mehrotra said in October's fourth-quarter earnings call . "We look forward to delivering a substantial revenue record with significantly improved profitability in fiscal 2025." As a result, Micron's forward-looking valuation is an absolute bargain. The company saw bottom-line earnings of $1.30 per share in fiscal year 2024. Your average analyst expects full-year earnings of roughly $8.93 per share in the just-started fiscal 2025, expanding to $12.86 per share in 2026. So if you focus on the forward price-to-earnings ratio , Micron stands out as an incredible value right now.

Meet Zing: An app leveraging AI for 10-minute food deliveriesPublished 4:41 pm Tuesday, November 26, 2024 By Data Skrive Let’s check out the injury report for the New Orleans Pelicans (4-14), which currently has five players listed (including Brandon Ingram), as the Pelicans ready for their matchup against the Toronto Raptors (4-14, four injured players) at Smoothie King Center on Wednesday, November 27 at 8:00 PM ET. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. The Pelicans fell in their last matchup 114-110 against the Pacers on Monday. In the losing effort, Trey Murphy III paced the Pelicans with 24 points. The Raptors fell in their last matchup 102-100 against the Pistons on Monday. Scottie Barnes’ team-high 31 points paced the Raptors in the losing effort. Sign up for NBA League Pass to get live and on-demand access to NBA games. Get tickets for any NBA game this season at StubHub. Catch NBA action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Back in timeWorkday Announces Fiscal 2025 Third Quarter Financial Results

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ASHLAND — The town will celebrate Christmas Night downtown, from 4 to 7 p.m., on Friday, Dec. 6. Notable exceptions include a craft fair at the American Legion Hall, 37 Main St., featuring a dozen crafters, running from 1 to 7 p.m. and a Teen Night in the evening. This year’s theme is Candy Cane Christmas. Santa Claus will arrive by fire truck at 4 p.m. and will be in Memorial Park visiting with children and others until 7 p.m. Pick up a passport at Memorial Park to be stamped around town and returned to Memorial Park for the free raffle of prizes donated by local businesses and organizations. The Cookie Walk will be held in Colleen's Kitchen, at 25 Main St., will offer homemade cookies. Chowder and chili will be served from 11 a.m. to 6:30 p.m. in the Legion Hall. Ashland musicians Paul Hubert and Kathy Sheer will perform in the Hall. The Ashland Town Library, 41 Main St., will give out take and make activity kits to children. Free food and snacks will be available at the Ashland Community Church, 55 Main St., as well as a Photo Booth, family photo, games and crafts. Letters to Santa Claus can be mailed in a special mailbox at Roundabout New England Vintage and Thrift Shop, 62 Main St., every day until Christmas. The Ashland Historical Society will display photographs of past Christmas celebrations in the parish hall of Emmanuel Episcopal Church, 18 Highland St., where hot cider will be served. The Meredith Village Savings Bank, at the corner of Riverside Drive and Highland Street, will give away Christmas ornament kits. Carolers will sing throughout downtown during the evening, starting at 6:45 p.m. in Memorial Park. Lighting of the town Christmas tree by Santa will take place followed by the raffle. Teen night, for those 13-19 years old, will run 7:30-9 p.m. at the mill with games and food provided.

The Ford government is planning to push for another one of its controversial bills to fly through the legislative process, with the house leader now planning for the supervised drug consumption site ban to skip committee hearings altogether. Since returning late for a fall sitting, the government has sped through its law to frustrate new bike lanes, energy legislation and the fall economic statement with shortened debate and public hearings. Now, Progressive Conservative House Leader Steve Clark has tabled a motion to skip committee hearings altogether on an omnibus law that includes a ban on supervised consumption sites. He told reporters on Tuesday that bypassing public feedback was justified because the government’s intention to ban sites — and close down a total of 10 across Ontario — had been announced months ago. “The Minister of Health was very clear in August about our HART hubs, she was very transparent to municipalities that when the house came back, we were prioritizing this as legislation we needed to get passed as a government,” Clark said. “As early as the middle of August, we telegraphed our intentions.” Clark was referencing an announcement made by Health Minister Sylvia Jones at the Association of Municipalities of Ontario conference in Ottawa that supervised drug injection sites would be banned within 2000 metres of a school or child care centre. That ban meant 10 of the province’s 19 supervised consumption sites — which were previously opened under the Ford government — are set to close. The province has said repeatedly no new applications either through the federal or provincial government will be approved. Instead, Ontario will spend roughly $378 million on so-called HART hubs. The money will create 375 intensive addiction recovery beds across the province, something critics have welcomed but suggested will fall well short of demand. Ontario NDP Leader Marit Stiles said the government wanted to rush past committee hearings because it didn’t want to hear the effects its policy could have on those using supervised consumption sites. “This happens again and again with their legislation,” she told reporters. “They want to get out of here as fast as they can, they don’t want to hear from the people who are actually on the front line and they don’t want to hear from the people who are most impacted.” Ontario Liberal Leader Bonnie Crombie, who said she agreed with the decision to ban the sites near “sensitive places” like schools or day cares, said she still believed the government should hear directly from people about the policy. “I feel very strongly that the committee, the premier, the government needs to hear from regular people and their experiences,” she said. Fast-tracking the proposed ban through the legislative process follows a similar template the government has used on other bills. When he announced he would speed up the passage of the bike lanes removal bill, energy legislation and fall economic statement, Clark said it was due to the short legislative session. Under the government’s own timeline, MPPs rose early in June and returned late in October. “I’ve been an MPP for 14 years. This is the shortest session that I can remember in recent memory and the government’s got a busy agenda,” Clark said at the start of November. He refused to be drawn on whether or not he agreed with his predecessor Paul Calandra’s decision to shorten the fall session. Ontario Green Party Leader Mike Schreiner also criticized the move. “The government, because they’re not making evidence-based decisions, don’t want to defend those decisions — whether it’s bike lanes or consumption treatment sites,” he said. “They don’t want to hear from the people of Ontario because the government knows that the decisions they’re making are going to harm people and put people’s lives at risk.”