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The National Autonomous University of Mexico (UNAM) is ranked No. 54 on a recent list published by Times Higher Education, of the world’s best universities for interdisciplinary science research — making UNAM the No. 1 university in Latin America for that category. Times Higher Education — formerly a supplement of The Times of London before becoming an independent entity in 2008 — is a prominent British publication and data provider best known for its annual world university rankings. UNAM’s lofty position among the 749 universities on the list — representing 92 countries and territories — on THE’s inaugural list for interdisciplinary science research puts it ahead of every other university in Latin America. Interdisciplinary science refers research that integrates concepts, methods and perspectives from multiple scientific fields in order to address complex questions or problems that can’t effectively be studied within a single field. An example would be biophysics, which combines principles of biology and physics to study the mechanics of biological systems Among Latin American universities, No. 54 UNAM was followed by Brazil’s the University of Sao Paulo (No. 57), Pontifical Catholic University (No. 63) in Chile and Brazil’s Paulista State University (No. 84) in the top 100. Mexico’s prestigious Monterrey Institute of Technology and Higher Education (Monterrey Tech) appeared on the list at No. 139. 14 other Mexican universities received rankings, but none better than No. 250. UNAM — which former President Andrés Manuel López Obrador once chastised for becoming “individualistic” during the nation’s neoliberal period from 1982 to 2018 — is the largest educational institution in Mexico and one of the largest and most prestigious in Latin America. Its main campus in Mexico City is a UNESCO World Heritage Site, and it also has satellite campuses and research centers across Mexico and abroad. THE lists UNAM’s overall enrollment at 175,968 students. The interdisciplinary sciences list was arrived at by using 11 indicators to evaluate the three main stages of research: funding, administrative support, and “output,” such as published studies, research quality and reputation. The top five schools on the list are MIT, Stanford University, the National University of Singapore, Cal Tech and Duke University. UNAM indicated in a bulletin that its inclusion on the list is thanks to its commitment to finding solutions to global challenges. According to the UNAM Statistical Agenda 2024, the university carried out 6,383 research projects in 2023 alone. THE also published an overall ranked list, the World University Rankings 2025, which was led by the United States with seven universities in the top 10. The top five on that list are the University of Oxford (for the ninth year in a row), MIT, Harvard, Princeton and the University of Cambridge. Stanford dropped from second to sixth from last year. UNAM achieved a nonspecific ranking on this list that falls between No. 801 and No. 1,000. Monterrey Tech ranked higher, appearing in the No. 601– No. 800 group. Autonomous University of Sinaloa appeared in the No. 1,201–No. 1,500 group, while 19 Mexican universities were included in the No. 1,500+ group. With reports from El País and Times Higher EducationThese days, many tech enthusiasts and market watchers recognize Elon Musk and Sam Altman as rivals. But it wasn’t always that way. The two founded OpenAI in 2015 with a shared vision of advancing artificial intelligence. But by 2018, it became clear that the two tech visionaries had different ideas about what that would look like (but that’s another story for another day). So, Elon Musk left OpenAI. And a few years later – in 2022 – ChatGPT-4 debuted and kickstarted the AI Boom. Not to be outdone, Musk founded his own AI startup in 2023: xAI. And since then, the world’s richest man has been working furiously to catch up in the AI race. One way he’s been doing this is through Colossus, the world’s largest supercomputer. Located in Memphis, Tennessee, it currently has 100,000 graphics processing units (GPUs) and was built within 122 days. For this kind of project, it would typically take months or years to build. If that weren’t enough, last Wednesday, December 4, we learned that Colossus is about to get a LOT bigger. The Greater Memphis Chamber announced that xAI will begin expanding its supercomputer to hold at least 1 million GPUs. The GPUs are used to train xAI’s chatbot, Grok which was the first product to come out of the startup. Two AI companies are key in this expansion: NVIDIA Corporation (NVDA) and Super Micro Computer, Inc. (SMCI). The former supplies Colossus with its GPUs, and the latter, along with Dell Technologies Inc. (DELL), assembled the supercomputer’s server racks. These are, essentially, a specialized cabinet used to organize multiple servers in a data center. The three tech giants will also establish operations in Memphis to support the buildout. Now, NVIDIA and Super Micro have been under Wall Street’s microscope lately as recent pressure continues to mount. So, in today’s Market 360, I want to talk about the ramifications of this announcement on the AI Boom. I’ll also briefly address the reasons behind NVIDIA’s and Super Micro’s pullbacks this week, and whether investors can feel confident in these names moving forward. NVIDIA Gets Accused of Being a Monopoly Let’s talk about the latest news regarding NVIDIA. You probably noticed that the stock fell 5% earlier this week and is down roughly 5.7% for the week overall. There is one reason why: China accused it of being a monopoly and is opening an investigation into the company. Well, my comment is this: Of course, it’s a monopoly – that’s why I own it! As I mentioned in last Saturday’s Market 360 , I believe NVIDIA is the stock of the decade because of its monopolistic characteristics. In other words, it is so dominant that there are virtually no competitors. The reality is China is very frustrated with the Biden administration as it has restricted the type of chips that NVIDIA can sell to China. At one time, NVIDIA modified its chips to shrink the bus width, which is the rate of data transfer, and shipped those chips to China. But that wasn’t enough for the Biden administration, and NVIDIA had to modify the chips further. These technology curbs and uncertainty about the types of technology restrictions the incoming Trump administration could implement has China lashing out. But I don’t want you to worry. NVIDIA’s fundamentals have not changed. All that happened was that the trading algorithms of major institutions and hedge funds saw negative news and hit the stock. Super Micro Gets a Key Extension You may recall that Super Micro Computer found itself in hot water earlier this year when Hindenberg Research, an unscrupulous short seller, issued a report claiming that Super Micro committed accounting violations based on the story of a disgruntled former employee. After an independent review, no evidence of accounting fraud was found. Shares of Super Micro surged 30% in one day following the news. Then, on Friday, December 6, the NASDAQ granted Super Micro’s request for an extension to allow more time to submit its 10-K and 10-Q filings, along with any other required reports. Super Micro now has until February 25, 2025, to file all required reports to remain listed on the NASDAQ. This triggered another 7% pop in the stock. In recent comments, CEO Charles Liang said that he is confident the company will meet the deadline. That didn’t stop investors from taking profits, though, and the stock was down about 10% this week. The bottom line is that Super Micro continues to dominate liquid-cooled AI chips in data centers, which are becoming faster and faster all the time. So, the company’s solutions remain in hot demand. Super Micro Computer even revealed recently that it shipped a record 100,000 GPUs in the most recent quarter. What’s more, an article in Investor’s Business Daily recently pointed out that Super Micro Computer’s customers are sticking with the company. In other words, the company’s massive order backlog persists – and the company is on track to ramp up production at its new plant in Malaysia in the first half of 2025. It’s also important to remember that this has always been a very volatile stock. So, while the stock was down this week, it has gone up 65% over the last month. Your Next Stock-Picking Tool to Have in Your Arsenal From what I can see, the AI Boom isn’t slowing down any time soon. It is in full force and will stay that way for the foreseeable future. This latest news from xAI is proof of that. Planning to make what is already the world’s largest supercomputer 10 times more powerful just speaks to the magnitude of the arms race taking place between not only xAI and OpenAI, but dozens of other well-funded AI unicorn startups – not to mention Big Tech. And as long as this enormous arms race continues, that’s fantastic news for the likes of NVIDIA and Super Micro. So, folks, there’s nothing to worry about with NVIDIA and Super Micro. Now, I’ve been able to find companies with superior fundamentals like NVIDIA and Super Micro thanks to my proprietary Stock Grader tool. I’ve seen my fair share of stock-picking tools in my 40-plus years in the business. But when I saw the system that my friend and InvestorPlace colleague Luke Lango created, I was impressed. It’s called Auspex . Every month, it analyzes stocks that have strong fundamental, technical and sentimental factors. Based on the analysis, Luke will let you know which stocks are the best to buy and which ones to sell. It couldn’t be any easier. But I’m a numbers guy, so I wanted to see how it performed against the broader market. Thankfully, Luke and his team did thorough backtesting between September 2019 to September 2024. If rebalanced monthly, Auspex would have returned 1,054%. In comparison, the S&P 500 only had 109% in returns. That’s really impressive. This past Wednesday, Luke shared more about how his Auspex tool works in The Auspex Anomaly Event . This replay will only be available for the next few days, so you don’t want to miss it! Click here now to watch the replay of The Auspex Anomaly Event . Sincerely, Louis Navellier Editor, Market360 The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below: NVIDIA Corporation ( NVDA ) and Super Micro Computer, Inc. (SMCI)
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The Bound Album Of BaltistaanDonald Trump is returning to the world stage. So is his trolling
The avoided arbitration with two pitchers Friday, agreeing to contracts for next season with right-handers and both of whom will be returning to the mound after missing all of this past season because of injuries. According to people with knowledge of the situation not authorized to speak publicly, May settled with the Dodgers at $2.135 million and Gonsolin at $5.4 million. The Dodgers on Friday also non-tendered relief pitchers Brent Honeywell Jr. and Zach Logue, making them free agents and clearing two spots on the club's 40-man roster. The moves came ahead of Friday's deadline for teams to tender contracts to pre-arbitration and arbitration-eligible players. May, 27, has a 3.10 earned-run average in 46 appearances but has yet to fulfill his promise as a top prospect because of struggles with injuries. Since the start of 2021, May has made just 20 starts. In May 2021 he underwent Tommy John surgery. After returning near the end of 2022, his 2023 season was cut short by another elbow surgery, this time to repair his flexor tendon. Then, after hoping to return this past season, May required esophageal surgery in July, sidelining him for the remainder of the year. Despite that, the Dodgers still envision May as a potential impact player in his final season under team control before free agency, hopeful that he still will possess much of his old, wicked stuff. Gonsolin, 30, is in a similar situation. After his breakout All-Star campaign in 2022 was derailed by a late-season arm injury, Gonsolin struggled in 2023 before undergoing Tommy John surgery that August. He came close to returning at the end of this past season, including completing a minor-league rehab assignment. But the Dodgers didn't put him on their postseason roster, deciding against rushing him back. Both Gonsolin, who won’t be a free agent until after the 2026 season, and May are expected to be ready for opening day. The Dodgers have six other players still eligible for arbitration: Evan Phillips (who is estimated to receive $6.2 million, ), Michael Kopech ($5.2 million), Brusdar Graterol ($2.7 million), Gavin Lux ($2.7 million), Alex Vesia ($1.9 million) and Anthony Banda ($1.1 million). Another arbitration-eligible player, reliever Connor Brogdon, was outrighted to triple-A Oklahoma City last week. Honeywell was non-tendered Friday after serving in a notable — and, to both the team and its fans, much-appreciated — innings-eating role in the postseason; including a 42⁄3 innings outing in Game 5 of the National League Championship Series that saved the rest of the bullpen ahead of the Dodgers' pennant-clinching win in Game 6. He also had a 2.63 ERA in 20 outings in the regular season. Logue was a late-season pick-up who made just two outings with the Dodgers. The team's 40-man roster now has four open spots as they proceed into the rest of the offseason. This story originally appeared in .
Donald Trump is returning to the world stage. So is his trollingSYDNEY, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited ("Vast”) (Nasdaq: VSTE), a leading Australian green energy technology company, held its Annual General Meeting ("AGM”) on November 27, updating shareholders on progress towards deploying its next generation concentrated solar power ("CSP”) solution to deliver clean, continuous dispatchable power and heat. The AGM saw Vast's Chairman, Peter Botten, and CEO, Craig Wood, provide updates on the company's achievements throughout 2024 and the outlook for the year ahead. All resolutions were successfully passed at the AGM, with Craig Wood, Colin Richardson and William Restrepo all re-elected as Directors. The AGM follows Vast's recent announcement that it has signed an updated funding agreement to access up to $30 million of its existing $65 million grant from the Australian Renewable Energy Agency ("ARENA”). The funding and Vast's progress throughout 2024 pave the way for another successful year ahead. Vast's technology is set to be deployed at utility-scale in Port Augusta, South Australia at the Vast Solar 1 ("VS1”) project to deliver green, reliable and affordable energy for South Australia's grid. The technology will also power a world-first co-located renewable methanol production facility, Solar Methanol 1 ("SM1”). A real world, in-demand application for hydrogen, renewable methanol has the potential to decarbonise shipping and is already being used to power major container vessels. Leveraging Australia's natural resources, the projects are set to be a catalyst for a domestic Australian CSP industry, creating highly skilled green manufacturing and operational jobs, and helping Australia become an export powerhouse by supplying Australian green technology to clean energy projects around the world. Vast is attracting significant interest from major investors, industry and international governments. Along with funding from ARENA, Vast is backed by EDF and Nabors Industries, and Vast's renewable methanol project is supported by Mabanaft and the German Government. The following addresses were made by Vast's Chairman Peter Botten and CEO Craig Wood during Vast's Annual General Meeting on November 27, 2024. Chairman's Address from Peter Botten 2024 has been a pivotal year in the growth of Vast since the business combination with Nabors Energy Transition Corp was completed in December last year. Significant progress has been made this year towards Vast's vision of delivering continuous, carbon free energy to the world, leveraging our next generation CSP technology As announced earlier this week, Vast has secured up to $30m of funding from ARENA. This is an important signal of confidence from ARENA in the potential of Vast's technology to power Australia's energy transition, and we're grateful for their ongoing support. Vast continues to progress towards final investment decision on our utility-scale CSP reference project in Port Augusta, South Australia (VS1). The project paves the way for Vast's pipeline of utility-scale projects in Australia and internationally. Alongside generating green electricity for the grid, we believe Vast's technology will have a key role to play in reducing the cost of sustainable fuels production. Vast is also progressing a co-located renewable methanol production facility (SM1) at the Port Augusta site, partnering with German fuels giant Mabanaft on that project. During the year, Vast also expanded its presence in the US market, signing a project development partnership with Houston-based renewables developer GGS Energy. As Vast looks to 2025, the key focus will be on: CEO's Address from Craig Wood As Peter mentioned, our utility-scale CSP reference project in Port Augusta, VS1, is progressing well. The plant will have 30MW capacity and 8 hours of thermal storage, providing dispatchable overnight power critical to stabilising South Australia's grid. We recently finalised the FEED stage and we're working diligently with our partners towards achieving Final Investment Decision in Q1 2025 with construction to commence shortly thereafter. The project has received support from the Australian Government, including from ARENA and the Department for Climate Change, Energy, Environment and Water. The co-located renewable methanol plant, SM1, is also progressing well through the pre-FEED stage. The project will produce 7,500 tonnes of renewable methanol per annum, which will help decarbonise the local maritime industry. As a world-first project, we're thrilled to be partnering with German company Mabanaft on this effort. Financial close is currently targeted for 2025. Vast continues to strengthen our market-leading proprietary CSP technology, and to build out our manufacturing capability ahead of delivering Vast equipment into the VS1 project. Our solution leverages the abundant sunshine in sunbelt countries like Australia to power homes, industry and transport with green, reliable and affordable energy. We continue to improve the cost and performance of our modular, scalable technology, and to de-risk its manufacture and operation. Vast equipment is currently being produced at our facility in Queensland, Australia, and we'll be scaling up our manufacturing capability to deliver to the Port Augusta projects starting in 2025. Throughout 2024, we've also invested in our business systems and capabilities to set ourselves up for success. Vast has had a strong emphasis on safety during 2024, and we are focused on improving our safety performance as we head towards construction on site next year. We are investing in a new ERP to replace legacy systems as our requirements continue to evolve. We are also developing the quality and project control systems necessary to deliver the Port Augusta projects. All of this activity means Vast's team has continued to grow throughout the year, both in Australia and the US. This growth will continue early into 2025, and then accelerate as we move into construction of the VS1 and SM1 projects. As Peter mentioned, we were delighted to announce earlier this week that Vast continues to enjoy strong support from ARENA as evidenced by up to $30m of funding being made available to the business, subject to certain milestones being achieved. This funding is important as it creates a runway to support Vast in completing the necessary activities to achieve financial close on VS1 and SM1, and to continue the build out of our Australian green technology manufacturing business. As part of that release, we also updated the estimated capital cost for VS1 to AUD360-390million. We look forward to another successful year in 2025 as we move into construction on VS1 and SM1, deliver Vast technology through our manufacturing business, and expand our project development pipeline in Australia, the US and other global markets. We thank you, our shareholders, all of our partners and our employees for their ongoing support. About Vast Vast is a renewable energy company that has CSP systems to generate, store, and dispatch carbon-free, utility-scale electricity, industrial heat, or a combination to enable the production of sustainable fuels. Vast's CSP v3.0 approach utilises a proprietary, modular sodium loop to efficiently capture and convert solar heat into these end products. On December 19, 2023, Vast listed on the Nasdaq under the ticker symbol "VSTE”, while remaining headquartered in Australia. Visit www.vast.energy for more information. Contacts For Investors: Caldwell Bailey ICR, Inc. [email protected] For US media: Matt Dallas ICR, Inc. [email protected] For Australian media: Nick Albrow Wilkinson Butler [email protected] Forward Looking Statements The information included herein and in any oral statements made in connection herewith include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, regarding the Port Augusta project, Vast's future financial performance, Vast's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "project," "should," "will," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Vast management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Vast disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Vast cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Vast. These risks include, but are not limited to, general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; Vast's ability to obtain financing on commercially acceptable terms or at all; Vast's ability to manage growth; Vast's ability to execute its business plan, including the completion of the Port Augusta project , at all or in a timely manner and meet its projections; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving Vast, including in relation to Vast's recent business combination; the inability to recognize the anticipated benefits of Vast's recent business combination; costs related to that business combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Vast's products and services. Additional risks are set forth in the section titled "Risk Factors" in the Annual Report on Form 20-F for the year ended June 30, 2024, dated September 9, 2024, as amended on November 7, 2024, and other documents filed, or to be filed with the SEC by Vast. Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Vast's expectations can be found in Vast's periodic filings with the SEC. Vast's SEC filings are available publicly on the SEC's website at www.sec.govNo. 24 UCLA, Arizona have first reunion since Pac-12 days