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This is it. Generative AI, as a commercial tech phenomenon, has reached its apex. The hype is evaporating. The tech is too unreliable, too often. The vibes are terrible. The air is escaping from the bubble. To me, the question is more about whether the air will rush out all at once, sending the tech sector careening downward like a balloon that someone blew up, failed to tie off properly, and let go—or more slowly, shrinking down to size in gradual sputters, while emitting embarrassing fart sounds, like a balloon being deliberately pinched around the opening by a smirking teenager. But come on. The jig is up. The technology that was at this time last year being somberly touted as so powerful that it posed an existential threat to humanity is now worrying investors because it is apparently incapable of generating passable marketing emails reliably enough. We’ve had at least a year of companies shelling out for business-grade generative AI, and the results—painted as shinily as possible from a banking and investment sector that would love nothing more than a new technology that can automate office work and creative labor—are one big “meh.” As a Bloomberg story put it last week, “Big Tech Fails to Convince Wall Street That AI Is Paying Off.” From the piece: Amazon.com Inc., Microsoft Corp. and Alphabet Inc. had one job heading into this earnings season: show that the billions of dollars they’ve each sunk into the infrastructure propelling the artificial intelligence boom is translating into real sales. In the eyes of Wall Street, they disappointed. Shares in Google owner Alphabet have fallen 7.4% since it reported last week. Microsoft’s stock price has declined in the three days since the company’s own results. Shares of Amazon — the latest to drop its earnings on Thursday — plunged by the most since October 2022 on Friday. Silicon Valley hailed 2024 as the year that companies would begin to deploy generative AI, the type of technology that can create text, images and videos from simple prompts. This mass adoption is meant to finally bring about meaningful profits from the likes of Google’s Gemini and Microsoft’s Copilot. The fact that those returns have yet to meaningfully materialize is stoking broader concerns about how worthwhile AI will really prove to be. Meanwhile, Nvidia, the AI chipmaker that soared to an absurd $3 trillion valuation, is losing that value with every passing day—26% over the last month or so, and some analysts believe that’s just the beginning. These declines are the result of less-than-stellar early results from corporations who’ve embraced enterprise-tier generative AI, the distinct lack of killer commercial products 18 months into the AI boom, and scathing financial analyses from Goldman Sachs, Sequoia Capital, and Elliot Management, each of whom concluded that there was “too much spend, too little benefit” from generative AI, in the words of Goldman, and that it was “overhyped” and a “bubble” per Elliot. As CNN put it in its report on growing fears of an AI bubble, Some investors had even anticipated that this would be the quarter that tech giants would start to signal that they were backing off their AI infrastructure investments since “AI is not delivering the returns that they were expecting,” D.A. Davidson analyst Gil Luria told CNN. The opposite happened — Google, Microsoft and Meta all signaled that they plan to spend even more as they lay the groundwork for what they hope is an AI future. This can, perhaps, explain some of the investor revolt. The tech giants have responded to mounting concerns by doubling, even tripling down, and planning on spending tens of billions of dollars on researching, developing, and deploying generative AI for the foreseeable future. All this as high profile clients are canceling their contracts. As surveys show that overwhelming majorities of workers say generative AI makes them less productive. As MIT economist and automation scholar Daron Acemoglu warns, “Don’t believe the AI hype.”
6 August 2024
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beautifullache · 7 months
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mayajadewrites · 6 months
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Sweet Secret (Levi Ackerman x Reader)
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Pairing: Levi Ackerman x F! Reader CEO Levi Ackerman coming in hot. I've been wanting to write a CEO Levi/Sugar daddy Levi story for a hot minute. Enjoy! Summary: You needed a job. Ackerman Inc was hiring for an in house assistant for none other than the CEO: Levi Ackerman. He's known to be essentially the worst to work with, you decide to take the job and take on the challenge that is Levi Ackerman. Will your relationship remain professional, or will their be monetary value added to the stakes? Or possibly even... love? ao3 Chapter Six: Buy It
Your back is turned towards the door as you refill the k-cups in the break room. While your hands are busy stocking coffee, your mind is somewhere else entirely. 
It’s been a couple of days since you and Levi came to an agreement about your ‘arrangement’ and nothing has really changed. Levi is still piling work on your desk to keep you busy, making sure you have little to no time to do anything else.
At home it’s the same. Few words are exchanged, but you notice that Levi is a little softer. He hasn’t touched you nor tried to, so maybe he’s rethought about the arrangement.
You feel a pair of hands slide onto your waist softly as you close the drawer. The familiar scent of eucalyptus and musk fills your nostrils. 
“Excuse me.” Levi says lowly into your ear as he slides past you. You spin around and notice that there’s no one else around in the office, just you and him. 
“Levi.” You warn him.
“It’s 7:45. No one else is here yet. Besides, you were in my way.” 
“You had this entire room but where I was standing was in your way?”
“Precisely.” Levi starts to steep his tea. “I need you to learn how to make my tea.”
“Why? You seem to make it fine for yourself.”
The corner of his mouth form a slight smirk as he peers at you through his half lidded eyes. He takes a few steps toward you before speaking.
“Because I want to watch you make it.” His breath blankets your skin as you watch his lips move. You turn yourself back around, refusing to give him the reaction he wants. 
You keep your attention on your hands, trying not to think about Levi behind you. Then, you hear a ‘beep’ signaling that someone is entering the office. 
You let out a breath that you’ve been holding in since Levi touched you. 
“Good morning!” Erwin smiled, holding up his cup of coffee. “Thank goodness you’re restocking those now, I already need a second cup.” The tall man breezed to his office.
You smile at Erwin as you finish up your task, noticing that Levi’s left the room without a sound. 
The rest of the office trickled in, the sound of fingertips on keyboards surrounding you. 
You hear a ‘ping’ from your laptop. It’s a message from Levi.
Levi Ackerman: Come in my office please. Shut the door behind you.
You do as you’re told and make your way to Levi’s office. He’s at his desk seemingly focused on whatever he has on his screen.
“You wanted to see me?” You softly shut the door behind you, hoping no one watched the way you walked in his office. You had just a slight pep in your step.
“Yeah.” He looked up from his laptop screen. “How do you feel about Cabo?”
“As in… Cabo, Mexico?”
“Unless there’s another Cabo I’m not aware of.” 
“I don’t have any feelings on it.” You raise your eyebrow. “I’ve never been out of the country.” 
Levi’s eyes opened a bit, like he just absorbed more information about you that he’s going to tuck away and use for later. 
“One of our clients owns a hotel down there. He’s asked if I wanted to go. Would you come with me?” 
You stare at Levi for a moment, waiting for the ‘just kidding, why the hell would I bring you’ punchline. 
That didn’t happen.
“You would be compensated, obviously. Along with your expenses being paid.” 
“I’m not sure Levi. I-“
“What are you not sure about?” He cuts you off. “I haven’t been on a vacation in 5 years. The last one was with Erwin and Hange and that’s hardly considered a vacation. What are you worried about?” 
“What if people suspect-“
“You think that I didn’t think of that already?” His eyes rolled so far you thought they would get stuck behind his head. “I’m telling everyone it’s for a conference. Erwin knows what’s actually happening, though.”
“Levi! What? He knows about the arrangement?”
He looked at you like you were stupid. “Of course he does.” 
“And why does he know?”
“Because I told him.” Levi crosses his arms over his chest, leaning back in his chair. “Now what?” 
You bite down on your bottom lip, hoping Levi doesn’t notice. His legs are slightly spread, his thighs pressing against the leather of his chair. 
“When are we going?” You finally speak. You can’t help but be excited to be traveling - it’s always been a dream of yours.
But then you think of Alexis. Will she be okay if you’re thousands of miles away? 
“Next week. So reschedule all the meetings that fall on that week and make sure you stick to the story.” Levi looks at you. “We’re going for a conference.”
“Conference, right.” You nod. “Is that all you needed?” 
Levi only nods and waves you to leave. As you turn around, you can’t help but hope that he’s staring at your ass as you walk back to your desk.
“Did you get yelled at or something?! You were in there awhile.” One of the associates, Connie said as he leaned on your desk. His best friend Jean wasn’t too far behind him.
“Oh no, he was just telling me about a work conference next week.” You start typing on your laptop.
“Good, I don’t want him to run you off.” Connie laughed, slapping the back of his hand on Jean’s chest. “It’s nice having a beautiful woman in the office.” 
“Connie, leave her be.” Jean looked around, hoping no one hears.
“What? I’m sure she doesn’t mind compliments!”
“Springer. Kirstein.” You hear Levi’s voice in a lower octave than usual. “Do you have anything better to do than bother my assistant? She has plenty of work to do.”
Jean almost sprinted back to his desk, while Connie decided to participate in the conversation. “I do sir, but everyone needs a break sometimes.” Connie pressed his hand to your desk. “I hope you didn’t take what I said the wrong way.” He whispers.
“I didn’t.” You smile at him, stealing a glance at Levi who is now, very obviously, glaring at Connie.
“Get back to work.” Levi’s voice got louder. “That’s an order.”
Throughout the day, you browse some online shops for clothes suitable for Cabo. You click on a bikini - high thigh, stringly, and jet black. It leaves very little to the imagine but hey, it’s Cabo. 
You feel your phone vibrate in your pocket as you continue to browse.
ZELLE: $1,000 FROM LEVI ACKERMAN
Your eyes got wide as you stare at the notification. $1,000? For what? It must be a mistake.
Levi: Buy that black bathing suit and whatever else you want.
Oh shit. He can see your screen. Your cheeks turn red as you close the browser. Next time, use your phone instead of your work laptop to shop.
____________________________
It’s finally the end of the work day. You and Levi are usually always the last to leave, mostly because you don’t want people to see you leaving together. 
“I’m sorry about earlier.” You push your tote bag over your shoulder. “I shouldn’t have been shopping on the company laptop.”
“I enjoyed it.” Levi half smiled. “I’m fully expecting you to wear that black number, though.”
Your cheeks burn as you clear your throat. “Did you want me to order takeout tonight?” 
“No, I was thinking we could cook.” Levi grabbed his keys from valet. “Is that okay with you?” 
You nod as he opens the car door for you, per usual. 
___________________________
Levi is already in the kitchen after you unpack your work bag. He’s setting up the kitchen with the ingredients for tonights dinner. 
“What’s on the menu tonight, chef?” You giggle as you lean forward on the kitchen island.
“Lasagna.”
“You have a thing for pasta huh?” You look around at the ingredients. “Looks like you got everything ready.”
“Are you gonna watch me cook or are you gonna help?” Levi turned to you, revealing his apron. It’s simple, a navy blue color, but you still can’t help but smile at the sight of him wearing an apron.
He looks so… cute. He looks like an exhausted dad who wants to make his kids favorite meal. The dark circles under his eyes haven’t gone away - maybe he doesn’t sleep that often. 
“Help me with the cheese, won’t you?” Levi handed you the bowl of ricotta cheese. 
As you help spread the cheese on the lasagna noodles and begin stacking them, you feel Levi’s eyes on you. And he’s not being subtle about it.
“Do I have something on my face?” You turn to him. 
“Actually you do.” Levi took his index finger and pushed it onto your cheek. He turned his finger around to show you the bit of ricotta cheese that got stuck to your face. As you look at it, he brings his finger to his mouth, sucking the food off gently.
You watched as his lips wrapped around his long finger, a ‘pop’ sound leaving his lips as he takes his finger out of his mouth. 
Fuck. 
“Thank you.” You turn back to what you were doing. You didn’t want to give in just yet. He didn’t do enough. “Wash your hands, nasty.” You joked. 
If anyone ever tells you that no man is sexy wearing an apron and baking lasagna, they’re dead wrong.
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mightyflamethrower · 2 months
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Biden’s ironically named Inflation Reduction Act (IRA) was supposed to create millions of green jobs and launch the “sustainable power” industry.
Subsidies flowed to support electric vehicles, wind farms, and solar energy.  We have been covering the slowdown in the EV market, and residents of the East Coast are questioning all the promises made by the wind energy companies after the Vineyard Wind blade failure.
Now, it’s time to turn our attention to solar power. SunPower, the company that provides solar panels to many Californian homes in the sunny Coachella Valley area, filed for bankruptcy this week.
It is the latest development in a saga that has seen the company facing numerous serious and seemingly escalating challenges over the past several months, including allegations about executives’ misconduct related to the company’s financial statements and a recent decision that SunPower would no longer offer new solar leases. Days after the latter announcement, Coachella Valley-based Renova Energy, which markets and installs SunPower systems, said it was ending its partnership with SunPower and temporarily pausing operations after not receiving required payments from SunPower. SunPower’s executive chairman wrote in a letter posted on the company’s website on Monday that the company had reached an agreement to sell certain divisions of its business and suggested it was looking for one or more buyers to take on the rest, including the company’s responsibilities to maintain solar systems it has previously sold or leased.
It is important to note that SunPower was the industry’s “darling” to understand the magnitude of this development.
Founded in 1985 by a Stanford professor, SunPower was, for the past two decades, a darling of the solar industry. The company helped build America’s biggest solar plant, called Solar Star and located near Rosamond, California, and has installed solar panels on more than 100,000 homes. The company’s stock price has fluctuated dramatically, peaking during the solar stock frenzy of late 2007. As recently as January 2021, SunPower’s valuation momentarily reached $10 billion, buoyed by the expansion of its residential solar panels program. But since then, the company’s value has cratered — and this year, its situation became particularly dire.
It is also important to note that earlier this month, the bankruptcy of a solar-powered company in South Florida created an array of problems on the South Coast of California. Subcontractors are scrambling to find ways to guarantee payment for work on homes with equipment from the firm.
Meanwhile, homeowners are regretting their misplaced trust in eco-activists and city officials.
The business — Electriq Power Inc. — was putting solar panels and batteries on Santa Barbara rooftops at no expense to homeowners and with the blessings of the cities of Santa Barbara, Goleta, and Carpinteria. But then Electriq filed Chapter 7 on May 3, freezing all its operations. This prompted one of its subcontractors, Axiom 360 of Grover Beach, to place mechanics liens on homes for which it had yet to be paid. This preserves Axiom’s options for full payment of its installation work and is not unusual among contractors. But for homeowners who didn’t expect any financial outlay, it came as a shock, especially as the recording notice lists foreclosure in 90 days among the penalties. “You’re helping the environment. You’re not paying high rates to Southern California Edison,” said homeowner Randy Freed, explaining why he signed on to Electriq’s PoweredUp Goleta program. He was pleased with the savings in the solar array and storage batteries, but then he received the mechanics lien in June. The possibility of foreclosure was unanticipated, Freed said, and he’d relied on the cities’ endorsements. “It’s a great program; we’ve checked them out,” he recalled the cities saying on a postcard he received.
Hot Air's Beege Welborne takes an in-depth look at the cascade of warnings that indicate SunPower and the residential solar market are in serious trouble. She also hits on a point that is true for all green energy schemes: Today’s technology cannot keep up with the promises being made about tomorrow.
The technology side still hasn’t ironed itself out and may never with as saturated as the market is. With interest rates as high as they are and home prices through the roof, no one wants to pay a fortune for something that’s not rock solid. …That “sustainable” growth is only possible once all the artificial supports are knocked away and the technology proves viable and worth the cost once and for all.
Of course, the solar industry isn’t helped by the fact that the cost savings for customers aren’t quite as lavish as originally promised.
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mariacallous · 6 months
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Trump Media & Technology Group, the Truth Social parent company majority-owned by former president Donald Trump, filed a document with the Securities and Exchange Commission this morning that helpfully details all of the ways Trump himself poses a threat to the company and its shareholders. While the company generated just over $4 million in revenue in 2023, Trump Media’s valuation has fluctuated wildly since going public in March, at one point reaching more than $7 billion. As of this morning, the company was valued at $3.7 billion. Trump Media has become a meme stock, where the stock price is governed more by vibes than traditional financial performance.
The SEC document filed by Trump Media this morning, which announced the public stock offering of 21.5 million shares, also detailed the company’s “risk factors.” These statements are standard for publicly traded companies, and usually include anything from macroeconomic headwinds to worst-case scenarios like earthquakes or terrorist attacks. The filing does include several risk factors that aren’t directly related to Trump, including competition from other social media companies, deficiencies in bookkeeping and accounting, and data privacy laws. And the company has faced multiple lawsuits from early employees of the company, who argue they deserve more shares.
But an entire section is dedicated to Trump-associated risks, making Truth Social’s risk factors unique because they cast Trump’s role as chief promoter and majority shareholder as a threat to the company’s success.
“TMTG may be subject to greater risks than typical social media platforms because of the focus of its offerings and the involvement of President Donald J. Trump,” the company said in the SEC filing. “These risks include active discouragement of users, harassment of advertisers or content providers, increased risk of hacking of TMTG’s platform, lesser need for Truth Social if First Amendment speech is not suppressed, criticism of Truth Social for its moderation practices, and increased stockholder suits.”
Here’s how Trump Media says Trump himself could threaten the company:
Trump’s Legal Issues
Trump Media noted that if Trump “were to discontinue his relationship with TMTG due to death, disability, criminal conviction, incarceration, or any other reason, or limit his involvement with TMTG due to his ongoing candidacy for political office, TMTG would be significantly disadvantaged.”
Trump’s History of Bankruptcy
“Entities associated with President Donald J. Trump have filed for bankruptcy protection in the past,” the company said in the filing, which noted that the Trump Taj Mahal, Trump Plaza, the Trump Castle, the Plaza Hotel, and Trump Entertainment Resorts Inc. had all previously filed for bankruptcy.
“While all of the foregoing were in different businesses than TMTG, there can be no guarantee that TMTG’s performance will exceed the performance of those entities,” the filing said.
Other Companies Refusing to Work With Truth Social
“To date, several potential third-party partners have expressed an unwillingness or reluctance to work on TMTG’s products or provide services for reasons including TMTG’s connection with President Donald J. Trump,” the filing stated.
Trump’s Use of Other Platforms
The company warned that if Trump stopped using Truth Social, its business would be adversely affected.
Trump has an agreement to post all content he deems as “nonpolitical” to Truth Social first, and must wait six hours before posting it on any website. But Trump, as a political candidate, may be able to argue that anything he posts is political content, meaning the company doesn’t have much power if he wants to start tweeting again.
“Consequently, TMTG may lack any meaningful remedy if President Donald J. Trump minimizes his use of Truth Social,” the filing states.
Politically Motivated Hackers
Trump’s involvement makes the company a prime target for hackers, according to the filing.
“TMTG believes that it is a particularly attractive target for such breaches and attacks, including from nation states and highly sophisticated, state-sponsored, or otherwise well-funded actors,” the company said in the filing. “And TMTG may experience heightened risk from time to time as a result of geopolitical events.”
Trump’s Self-Interest
Trump, who owns 57.6 percent of Trump Media, could steer the company to his benefit in a way that might not align with other Trump Media investors.
“President Donald J. Trump will, as a controlling stockholder, be entitled to vote his shares in his own interests, which may not always be in the interests of TMTG’s stockholders generally,” the filing says.
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truth4ourfreedom · 4 days
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TIMING OF THE COMING EVENTS IN OCTOBER - BE AWARE!!
Timing:
· On Sun. 29 Sept. 2024 Zimbabwe's new gold-backed currency officially entered general circulation.
· On Sun. 29 Sept. 2024 EAS testing happened across dozens of US States. Multiple independent video verifications and timeframes aligned across State borders to within minutes of one another
· On Sun. 29 Sept. 2024 a Temporary Flight Restriction Notice went out via NOTAM closing off all air space until further notice around Washington DC from surface to 99,000 feet. A Temporary Flight Restriction was also issued over Chimney Rock NC supposedly “to provide a safe environment for search operations.”
· On Tues. 1 Oct. 2024 the gold-backed Chinese Yen will replace the fiat US Dollar to determine the price of oil on the Forex for international trading and thus the fiat US Dollar will cease to exist because it has no value and cannot be used for international trade.
· On Tues. 1 Oct. the US Inc. Corp. fiscal year ends; has not been funded by Congress for the next fiscal year and thus will be forced to close down, ending the fiat monetary system.
· On Tues. 1 Oct. all banks worldwide not Basel III Compliant (have gold backed currency) will be closed.
· On Tues. 1 Oct. the Quantum Financial System Global Currency Reset activates with at least 144 countries currencies being gold/asset-backed and trading at a 1:1 with each other, which means that NESARA/ GESARA also activates across the World on 1 Oct.
· On Tues. 1 Oct. LIBOR is slated to be replaced by SOFR, marking a significant change in financial benchmarks.
· On Tues. 1 Oct. the new United States of America Republic will start its new fiscal year under a gold-backed US Note as part of the Global Currency Reset.
· In the first week of October the Emergency Broadcast System will activate while President Trump and the Global Military Alliance will be executing the largest Sting Operation in history and the EBS broadcasts documentaries 24/7 on the state of those arrests.
· On Tues. 1 Oct. 2024 Congress adjourns for 30 days (Congress can only be arrested when it’s not in session).
· On Tues. 1 Oct. 2024 workers at major ports on the East and West Coasts plus in Canada will go on strike, severely disrupting the supply chain. Stock up on goods.
· Tues. 1 Oct. 2024 is the one year anniversary of the US Debt Clock Messages on Telegram.
· Wed. 2 Oct. is the signal on the Mickey Mouse Clock where he points to 10 and 2.
· On Thurs. 3 Oct. 2024 Iraq celebrates their Independence Day.
Join and share my channel immediately: https://t.me/JulianAssangeWiki
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tomorrowusa · 4 months
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It's obvious that RFK Jr. picked his running mate, Nicole Shanahan, because he needed somebody who was filthy rich to fund his campaign. Shanahan is the ex-wife of Google co-founder Sergey Brin who probably has enough money to buy one of the smaller Hawaiian Islands.
Why Shanahan doesn't mind being an ATM for the worm-brained RFK Jr. is that she shares his idiotic conspiracy theory which falsely links autism to vaccines.
It’s easy to see why the controversial heir to the most prestigious liberal name-brand in American politics chose Shanahan, a relative unknown, to be his nominee for vice president. As an ambitious and athletic millennial who surfs and grows her own food with her boyfriend, a cryptocurrency software developer she met at Burning Man, the 38-year-old attorney brings a woman’s presence, and youthful energy, to a race dominated by octogenarian men, not to mention the 70-year-old Kennedy. And as the former wife of Google co-founder Sergey Brin, the seventh richest man in the world, Shanahan brings another factor crucial to the campaign: unfathomably deep pockets. Her backing enables Kennedy to skirt questions about why the notoriously anti-immigration GOP megadonor Timothy Mellon is financing the super PAC supporting Kennedy’s campaign, American Values. Mellon has poured millions into Trump’s Make America Great Again Inc., while donating $53 million in stock to the state of Texas to build the former president’s border wall.
As an aside, shouldn't the RFK Jr.-curious be concerned about the loot he's getting from MAGA megadonor Timothy Mellon? 🤔
Back to Shanahan...
So how did Shanahan end up on a “spoiler” ticket praised by right-wing ideologues like Alex Jones, Steve Bannon, Michael Flynn and Roger Stone, the notorious GOP mischief-maker who called an alliance between Kennedy and Trump his “dream ticket”?
The turning point in her life came in 2020, she says in an Instagram video, when (daughter) Echo was diagnosed with autism. The Daily Beast claims that Shanahan “chafed at Brin’s left-brain thinking” about the best practices for raising a child on the spectrum, and the Google co-founder filed divorce papers shortly thereafter, citing “irreconcilable differences.” She initially contested their prenuptial agreement and sought $1 billion of Brin’s fortune but eventually settled out of court.
"Left-brain thinking" is often a euphemism for being logical and analytical. In other words: rational. Rationality is not a strong point for conspiracy freaks.
But while she claims that world-class experts keep her apprised of cutting-edge autism research, her ideas about her daughter’s condition seem stuck in the 1990s; during that era, actress Jenny McCarthy was hailed as an autism expert, and Andrew Wakefield triggered a global panic about vaccines with the publication of a paper in The Lancet linking autism to vaccines. That paper was later retracted after multiple investigations found it based on fraudulent data and riddled with conflicts of interest.
So Nicole Shanahan is fixated on a debunked and retracted article from three decades ago.
For somebody who is allegedly concerned about her autistic daughter, why is she the running mate for a candidate who calls people with autism "zombies"?
And you wouldn’t know it from listening to Kennedy, who routinely caricatures people on the spectrum as “vaccine-injured” zombies. “They get the shot ... and three months later, their brain is gone,” Kennedy told an audience in 2015. Insisting that previous generations of autistic people simply never existed—when in truth, they were often hidden away in institutions because of a thoroughly discredited theory that autism is caused by bad parenting—the candidate told radio and TV host Michael Smerconish last year: “I have never in my life seen a man my age with full-blown autism, not once. Where are these men? One out of every 22 men who are walking around the mall with helmets on, who are non-toilet-trained, nonverbal, stimming, toe-walking, hand-flapping. I’ve never seen it.”
RFK Jr. is intent on being the 2024 version of Ralph Nader. In 2020 Nader, as the Green Party candidate for president, hoodwinked enough gullible progressives into voting for him so that he helped George W. Bush take Florida – the deciding state in the 2000 election. Bush then gifted the US with two recessions (including the Great one), two wars (one totally unnecessary and one which could have been avoided if he had paid more attention to terrorism), two rightwing appointees to the Supreme Court (one bad, one horrendous), and two rounds of tax breaks for the filthy rich.
One way to undermine RFK J.'s support among some people on the left is to strongly debunk his autism vaccine conspiracy theory.
Annenberg Public Policy Center (APPC) at the University of Pennsylvania published a new survey showing that 12% of Americans feel that a link between the MMR vaccine is either definitely true or probably true.
False Belief in MMR Vaccine-Autism Link Endures as Measles Threat Persists
While anti-vaxxers tend to be Trumpsters, there's a sizeable number of misinformed people on the left who share this view regarding MMR. So debunking the MMR-autism bullshit should be a routine part of your anti-Trump activism.
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georgegraphys · 6 months
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Scuderia Ferrari Corporate Talks
Their current board of directors
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A note that Delphine Arnault, John Galantic and Fransesca Belletini have ties to LVMH (Louis Vuitton Moët-Hennessy) which explains why Giorgio Armani is Ferrari's sponsor (Armani is also under LVMH same as Chanel, Dior and Yves Saint Laurent)
Their shareholders
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Exor NV : John Elkann (Giovanni Agnelli's nephew. Heir to the Agnelli family, Italian version of Kennedys)
Trust Piero Ferrari: Piero Ferrari himself
Blackrock Inc, Thomas Rowe Price Associates: No info just basic shareholders ig
^ 55% of shares are public but....
Their voting rights
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As you can see Exor NV or John Elkann holds the most outstanding voting shares which is 70.15% with Piero Ferrari's being 29.83% and the public shareholders being 0.2%
What is an voting shares? Voting shares are a kind of shares that allow shareholders to express their opinions on company matters. This includes the election of board members and other corporate issues. Common shares that firm issues are typically referred to as voting shares. Each share has a value of one vote (took it from google cuz im bad at explaining these stuffs man 😭)
A voting right is the rights granted to shareholders to vote on certain corporate actions. These rights are proportional to the number of shares owned by the shareholder.
Voting shares give the stockholder the right to vote on matters of corporate policymaking. In most instances, a company's common stock represents voting shares. Different classes of shares, such as preferred stock, sometimes do not allow for voting rights.
Outstanding Voting Shares means, with respect to a particular matter, the aggregate of all shares of the company's capital stock outstanding from time to time which pursuant to the Charter Document are entitled to vote on such matter.
What is Outstanding Shares? Outstanding shares are all the shares issued and sold by a company that are not held by the company itself. Outstanding shares include a company's common stock held by individual investors, institutional investors and restricted shares held by company officers and insiders.
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So as @grbambi63 's anon has said about Elkann not having any obstacle on his way to sign Lewis. It is true since Exor N.V or basically his side has 70% voting shares that determines the outcome so he basically could do anything with that much voting shares.
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finquota · 2 days
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HUM Forecast & Prediction for October 3, 2024 Humana Inc.
Humana Inc. stock is expected to see a rise in value on October 3, 2024.
Read More about HUM
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unpluggedfinancial · 4 months
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The Pioneering Path: MicroStrategy's Bold Bitcoin Adoption Plan
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Bitcoin adoption is rapidly gaining momentum, with various institutions and companies integrating the digital currency into their financial strategies. Among these pioneers, MicroStrategy stands out with its bold and strategic approach to Bitcoin investment. This post explores MicroStrategy's Bitcoin plan, its financial implications, the broader impact on Bitcoin adoption, and how other companies are following suit.
The Rise of Bitcoin Adoption
Bitcoin, once a niche interest for tech enthusiasts, has now become a mainstream financial asset. Companies and institutions are increasingly viewing Bitcoin as a hedge against inflation and a store of value. The decentralized nature of Bitcoin and its potential for high returns have fueled its adoption across various sectors.
MicroStrategy's Bitcoin Strategy
MicroStrategy, led by CEO Michael Saylor, has been at the forefront of corporate Bitcoin adoption. In August 2020, MicroStrategy made headlines by announcing its first Bitcoin purchase, acquiring 21,454 BTC for $250 million. As of June 20, 2024, MicroStrategy holds a staggering 226,331 bitcoins. This aggressive accumulation demonstrates the company's deep conviction in Bitcoin's long-term value.
Michael Saylor has been a vocal advocate for Bitcoin, emphasizing its role as a superior store of value compared to traditional fiat currencies. MicroStrategy's Bitcoin strategy is driven by the belief that Bitcoin is a better long-term investment than holding cash.
Financial and Strategic Impact
MicroStrategy's Bitcoin holdings have significantly impacted its financial statements. The company's Bitcoin assets have appreciated, enhancing its balance sheet and boosting investor confidence. This strategic move has also positioned MicroStrategy as a thought leader in the crypto space, attracting attention from both traditional and crypto investors.
Effect on Stock Price MicroStrategy's stock has experienced significant fluctuations over the past few years. Here is a summary of its performance:
2024: The average stock price so far is $1,169.45, with a year-to-date increase of 134.91%. The stock opened the year at $685.15 and reached a high of $1,919.16, closing at $1,483.76.
2023: The average stock price was $350.03, with a substantial annual increase of 346.15%. The stock opened the year at $145.02 and closed at $631.62, with a high of $670.71.
2022: The average stock price was $293.60, but the year saw a significant decline of 74.00%. The stock opened at $558.26 and closed at $141.57, with a high of $558.26.
2021: The average stock price was $656.31, with an annual increase of 40.13%. The stock opened at $425.22 and closed at $544.49, with a high of $1,272.94.
Overall, MicroStrategy's stock has seen a dramatic rise, particularly in 2023 and 2024, driven largely by its aggressive Bitcoin acquisition strategy and the corresponding increase in Bitcoin's value. Despite the fluctuations, the overall trend reflects the market’s growing confidence in MicroStrategy’s innovative approach to asset management.
The Ripple Effect: Other Companies Following Suit
MicroStrategy's bold move has set a precedent for other companies and institutions. Several high-profile companies have since followed MicroStrategy’s lead, adding Bitcoin to their balance sheets:
Square (now Block, Inc.): Square has made multiple Bitcoin purchases, with its CEO Jack Dorsey being a strong advocate for Bitcoin. The company views Bitcoin as an instrument of economic empowerment.
Galaxy Digital Holdings: This financial services and investment management firm focuses on the digital assets and blockchain technology sector, holding a substantial amount of Bitcoin.
These companies, among others, are recognizing the strategic advantages of holding Bitcoin. Their actions signal a growing acceptance of Bitcoin as a legitimate asset class, potentially leading to wider adoption in the corporate world.
The Broader Implications
MicroStrategy's bold move and the subsequent actions of other companies have set the stage for broader Bitcoin adoption. By demonstrating the potential benefits of Bitcoin investment, these companies have encouraged others to consider adding Bitcoin to their balance sheets. This ripple effect could lead to increased Bitcoin adoption and greater integration of digital currencies into the global financial system.
Conclusion
MicroStrategy's pioneering Bitcoin strategy highlights the growing trend of Bitcoin adoption among corporations. By embracing Bitcoin, MicroStrategy and other forward-thinking companies have not only enhanced their financial standing but also influenced the broader adoption of digital currencies. As more companies explore Bitcoin investments, the landscape of global finance is poised for significant transformation.
Take Action Towards Financial Independence
If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.
🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.
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intlstudents · 4 months
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Office Receptionist
Location
Brampton, ON
 
BenefitsPulled from the full job description
Designated paid holidays
RRSP match
Tuition reimbursement
Full job description
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Dawn Foods is a global leader in bakery manufacturing and ingredients distribution. As the partner of choice for inspiring bakery success, we help customers grow their business through meaningful partnerships, research-driven insights and innovations, and products and expertise they can depend on. As a family-owned company, our commitments to our people, products, customers, and corporate values, are all part of our recipe for success.
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Why work for Dawn Foods?
PEOPLE. PRODUCTS. CUSTOMERS.
Why should you apply? We invest in you!
Industry-leading health insurance after 30 days
Competitive Pay
Generous company retirement benefit contributions
10 Paid Company Holidays
3 weeks of vacation each year
Professional training
Family-owned business over 100 years in service
An opportunity for career advancement, working as part of an empowering workforce
What will you do as an Office Receptionistat Dawn Foods?
Answer all incoming telephone calls, direct appropriately and/or take messages
Meet and greet all visitors and provide assistance as required
Oversee and control all office courier services in accordance with standard operating procedures
Manage incoming and outgoing mail and upkeep of postage equipment
Manage invoices in AP system related to Brampton location
Maintain adequate stock of all office and building supplies and control the supply room.
Assist Customer Service team members when needed.
What Does It Take to be an Office Receptionist at Dawn Foods?
Below are the minimum qualifications to be a fit for this job.
Minimum 1 year of experience in an administrative role
Detail oriented and have the ability to work independently and complete objectives.
High School Diploma or GED.
Ability to multi-task
Maintain confidentiality
Proficient in Microsoft Office, including Excel, Word, PowerPoint, Outlook and Teams.
SAP experience preferred but not required.
Physical Demands & Work Environment
The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Ability to work in a professional office environment. Will be expected to work onsite.
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to focus
Note: The level of physical effort may vary from site to site and in some cases be greater or lesser than documented here.
If this sounds like the opportunity that you have been looking for, please click "Apply.”
About Our Benefits
Dawn is proud to employ the top talent in the baking industry, and we reward our people with competitive compensation packages and award-winning benefit offerings. We also help protect our Team Members’ future financial health with a generous RRSP matching program that provide additional retirement funds and many tools and resources on financial wellness. The contributions start from your first pay. Dawn also encourages professional growth through tuition assistance and educational programs, and we are always searching for ways to improve our industry-leading services and benefits.
Compensation: $41,430 - $62,150 Annual Salary
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An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, pregnancy, sexual orientation, gender identity/gender expression, citizenship status, military or veteran status, genetic information or any other status or condition that is protected by applicable law.
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wedesignyouny · 7 months
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Offering Solace: The Importance of Home Inspection in Nassau County
Providing Comfort: The Significance of House Inspection in Nassau
Acquiring a home is a big monetary commitment, so you need to be fully informed about the property's condition to make sure your investment is sound. In Nassau, where houses differ in terms of age and design, a thorough house inspection is an essential part of the purchasing process. Your reliable home inspection partner, Safe Harbor Inspections, is essential in giving potential homeowners the knowledge they need to make wise decisions. This blog post discusses the value of home inspections in Nassau and how Safe Harbor Inspections establishes the bar for comprehensive and trustworthy examinations.
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The Benefits of Nassau Home Inspections
1. Identifying Potential Issues:
Nassau's diverse housing stock includes properties of varying ages and construction types.
A home inspection brings to light potential issues such as electrical problems, plumbing issues, and structural concerns, allowing buyers to make informed decisions.
2. Assessing Safety Standards:
Ensuring that the home adheres to safety standards is paramount.
Home inspectors in Nassau evaluate elements like electrical systems, carbon monoxide detectors, and fire safety to guarantee a secure living environment.
3. Uncovering Hidden Defects:
Some defects may not be apparent during a casual walkthrough.
Home inspections reveal hidden defects like water damage, mold, and structural issues that might not be immediately visible to the untrained eye.
4. Negotiation Leverage:
Armed with information from a home inspection, buyers can negotiate repairs or adjustments to the sale price.
This can be a valuable tool in ensuring a fair transaction for both parties.
Safe Harbor Inspections: Raising the Bar
1. Experienced and Certified Inspectors:
Safe Harbor Inspections boasts a team of experienced and certified home inspectors.
Their knowledge extends to Nassau's unique housing characteristics, ensuring a comprehensive assessment.
2. Thorough Evaluation of Structural Elements:
From the foundation to the roof, every structural element is meticulously inspected.
This includes assessing the integrity of walls, floors, ceilings, and the overall stability of the property.
3. Detailed Reports:
Safe Harbor Inspections provides clients with detailed reports.
These reports include photographs and descriptions of any identified issues, empowering clients with a clear understanding of the property's condition.
4. Focus on Safety and Code Compliance:
Evaluating safety features and code compliance is a priority.
Safe Harbor Inspections ensures that homes meet or exceed safety standards for the well-being of the occupants.
5. Client Education:
Safe Harbor Inspections believes in empowering clients with knowledge.
Clients are encouraged to attend the inspection, ask questions, and gain insights into the maintenance and care of their prospective homes.
Invest Safely with Safe Harbor Inspections Inc.
A home inspection is an essential step in guaranteeing a safe and prudent investment in Nassau, where the real estate market is diverse. Safe Harbor Inspections is a dependable collaborator that is dedicated to offering thorough assessments and equipping customers with the information they require to make wise choices.
Uncover more about the services delivered by Safe Harbor Inspections Inc., then move on with the purchase of a house with assurance knowing that your investment is in capable hands.
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mkt-magnovite-2024 · 8 months
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10 Cent or Nutties? 
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China's gaming industry, the world's largest, is facing new rules that limit spending and rewards in online games. These rules ban daily login rewards, incentives for first-time and consecutive spending, and probability-based lucky draw features for minors. Besides banning reward features, games are also required to set limits on how much players can top up their digital wallets for in-game spending. Games are also banned from offering probability-based lucky draw features to minors, and from enabling the speculation and auction of virtual gaming items.
Rules Change Implemented
•Playtime limits for minors: Since 2021, minors are only allowed to play online games for 1.5 hours on Fridays, Saturdays, and Sundays, and are prohibited from playing during weekdays.
•Content restrictions: Guidelines restrict games from having graphic violence, promoting gambling, or featuring "effeminate males."
•Stricter approval process for new games: The approval process for new games has become more stringent, with a focus on content review and ensuring alignment with government guidelines.
•Self-regulation pact: Major gaming companies have signed a pact to avoid content deemed "politically harmful" or "historically nihilistic."
The regulations have caused panic among investors, resulting in an $80 billion market value loss for China's top gaming companies.
Shares in Tencent Holdings (0700.HK), the world's biggest gaming company, tumbled as much as 16% at one point, while those of its closest rival, NetEase (9999.HK), plunged as much as 25% after the National Press and Publication Administrations published the new draft rules.
When asked about the draft rules' impact, Tencent Games' vice president Vigo Zhang said Tencent will not need to fundamentally change "its reasonable business model or operations" for games, adding that the company has been strictly implementing regulatory requirements.
Zhang added that minors had been spending a historically low level of money and time on games since 2021 in the industry when minor protection became a focus for Beijing. 
"The removal of these incentives is likely to reduce daily active users and in-app revenue, and could eventually force publishers to fundamentally overhaul their game design and monetization strategies," said Ivan Su, an analyst at Morningstar.
As a result of Beijing's crackdown on gaming in 2021, 2022 was the Chinese gaming industry's most difficult year on record as total revenue shrank for the first time.
Task at Hand:
You are the CMO of NetEase Inc your stocks have dropped down to 25% after the announcement. With regards to these changes, suggest new marketing strategies to promote your games to the Teenagers (having multiple restrictions) or Elderly (having little to no market) (ANY ONE MARKET!!!)
Deliverables: 
Decide your target market and state your reason for the same.
Prepare marketing strategies for your chosen target market.
Provide new pricing strategies for generating income by keeping the new laws in mind.
Prepare a PPT in 7x7 format mentioning all the deliverables.
Submission deadline: 11:20AM
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suzzainblog · 1 year
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A Fruitful Investment: Analyzing Apple's Stock Price
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When it comes to investing in the stock market, few companies have captured the attention of both seasoned investors and newcomers quite like Apple Inc. (NASDAQ: AAPL).
The tech giant, known for its iconic products like the iPhone, iPad, and Mac, has not only revolutionized the way we live but also how we invest.
Let's take a closer look at Apple's stock price and what makes it such an appealing investment option.
Steady Growth: Apple's stock price has demonstrated impressive resilience and growth over the years. Since its IPO in 1980, the company has weathered economic storms and market fluctuations to become one of the most valuable publicly traded companies globally.
This track record of steady growth has made Apple a favorite among long-term investors.
2. Product Innovation: One of the key factors behind Apple's stock price success is its commitment to innovation. The company's ability to consistently release groundbreaking products keeps consumers coming back for more.
Whether it's the latest iPhone model or a revolutionary new service like Apple Music or the Apple Watch, innovation drives consumer demand, which in turn positively impacts stock performance.
3. Services Revenue: Apple's shift towards a services-based business model has also contributed significantly to its stock price. The App Store, Apple Music, iCloud, and other services generate a steady stream of high-margin revenue.
This diversified income stream is seen as a stabilizing force in the stock's performance.
4. Global Presence: Apple's global reach extends far beyond its Cupertino headquarters. The company's products and services are available in nearly every corner of the world.
This global presence not only ensures a wide customer base but also helps mitigate risks associated with regional economic downturns.
5. Shareholder Returns: Apple has a long history of returning value to its shareholders through dividends and stock buybacks.
These actions not only reward long-term investors but also create demand for the stock, which can drive its price higher.
Conclusion:
While past performance is not indicative of future results, Apple's stock price history paints a picture of a company that has consistently delivered value to its shareholders.
Its combination of product innovation, service revenue, global presence, and commitment to shareholders makes it a compelling choice for investors seeking long-term growth and stability.
However, as with any investment, it's essential to conduct thorough research, consider your financial goals, and consult with a financial advisor before making any investment decisions.
Apple's stock may be sweet, but it's essential to ensure it aligns with your overall investment strategy and risk tolerance.
Hope you enjoyed this small piece of information.
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nicklloydnow · 1 year
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“Big banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender, according to people familiar with the matter.
A seizure and sale of First Republic by the Federal Deposit Insurance Corp. could come as soon as this weekend, the people said.
The San Francisco-based bank has teetered for weeks following the March 10 failure of fellow Bay Area lender Silicon Valley Bank. The SVB meltdown spurred panicky First Republic customers to pull around $100 billion in deposits in a matter of days.
The stock has lost some 97% of its value since.
(…)
A seizure and sale of First Republic would cap the astonishing collapse of a lender that was, until recently, the envy of finance. With some $233 billion in assets at the end of the first quarter, it would be the second-largest bank to fail in U.S. history.”
“The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co., PNC Financial Services Group Inc., US Bancorp and Bank of America Corp. to submit final bids for First Republic Bank by Sunday after gauging initial interest earlier in the week, according to people with knowledge of the matter.
The regulator reached out to banks late Thursday seeking indications of interest, including a proposed price and an estimated cost to the agency’s deposit insurance fund. Based on those submissions Friday, the regulator invited some firms to the next step in the bidding process, the people said, asking not to be named discussing the confidential talks.
(…)
JPMorgan is among a small number of giant banks that have already amassed more than 10% of nationwide deposits, making the firm ineligible under US regulations to acquire another deposit-taking institution. Authorities would have to make an exception to allow the country’s largest bank to get even bigger.”
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cervezamodelo · 2 years
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How to buy marijuana penny stocks
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Clinical and sporting pot use has been legitimised in a developing number of U.S. states and on a public level in Canada, filling a thriving lawful pot industry lately. Weed stocks are presently a superb concentration for financial backers looking for possibly hazardous deals and stock development. In any case, there are sure contemplations related to marijuana stocks that financial backers ought to remember.
Regardless, pot stocks face higher-than-ordinary gamble and instability because of a not insignificant rundown of elements. Many public weed organisations are youthful, problematic endeavours that face a confounded, quick changing business sector that incorporates various regulations across numerous neighbourhood, state, and provincial purviews. Marijuana use is as yet unlawful at the U.S. government level. In any case, 37 states have legitimised marijuana for clinical use in somewhere around one structure as of February 2022 and 19 states have authorised weed for grown-up use as of May 2022.
The difficulties are especially perfect for financial backers with regards to marijuana penny stocks. Financial backers ought to be particularly careful and perform more than their typical expected level of effort while putting resources into these organisations, which incorporate anticipated names like Cansortium Inc. also, Goodness Development Possessions Inc.
Marijuana stocks, addressed by the ETFMG Elective Collect ETF (MJ), a trade exchange store, have emphatically failed to meet expectations of the more extensive market. MJ has given a complete return of - 64.1% throughout the course of recent months, well behind the Russell 1000's all out return of - 12.1%.
MJ focuses on a wide combination of pot industry stocks, including penny stocks.
Here are the main three marijuana penny stocks with the best worth, the quickest development, and the best presentation. The market execution numbers above and all measurements in the tables underneath are as of Oct. 4, 2022.
Best Worth Marijuana Penny Stocks
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These are the marijuana penny stocks with the most reduced year following cost to-deals (P/S) proportion. For organisations in beginning phases of improvement or enterprises experiencing significant shocks, this can be subbed as a harsh proportion of a business' worth. A business with higher deals could ultimately create more benefit when it accomplishes, or gets back to, productivity. The P/S proportion shows the amount you're paying for the stock for every dollar of deals created.
Americans purchased billions worth of weed in 2021 and legitimate pot deals could reach $30 billion out of 2022. The Canadian marijuana retail market is extending as well. However pot stocks took a gigantic beating, and a few famous names lost over 80% of their worth last year.
Industry goliath Shelter Development Corp (NASDAQ:CGC) lost 66% of its value esteem in 2021 in spite of rising 150% during a marijuana industry stocks rally of late 2020 to mid 2021 and multiplying during the initial a month and a half of a year ago.
Missing government authorization, U.S. pot administrators keep on major areas of strength for announcing development year-over-year. In any case, their valuations experienced a plunge as financial backer confidence about government legitimization wound down during the year. It's normal that weed change in America could altogether further develop the administrators' business climate, help their profit edges and further develop incomes.
InvestorPlace - Financial exchange News, Stock Exhortation and Exchanging Tips
Authorization in the U.S. could likewise open up new learning experiences for very much financed Canadian marijuana players. Further, Canadian pot stocks could likewise flood if edge choking correctional unit-based extract charge regulation gets reconsidered in 2023.
Hence, any clearness on the way to government legitimization, or fresh insight about charge changes in Canada could list marijuana stock costs. Expansions in financial backer hopefulness connected to U.S. legitimization endeavours generally lifted Canadian marijuana stocks as well. A rising tide lifts all boats, and pot industry penny stocks could flood more than their bigger partners.
Hence, I've evaluated weed organisations with stock costs underneath $5 an offer, and a base market capitalization of $200 million to some way or another whose illiquidity takes a chance on the littlest issues. Both U.S. pot stocks and Canadian pot names are addressed, independent of their essential posting.
Marijuana stocks are dope, the business' developing like a weed — take your pick of plays on words, however putting resources into marijuana is a long way from a joke. With sporting marijuana legal in 19 states and clinical marijuana lawful in undeniably more, this once-obscure corner of trade has turned into an undeniable industry, yet one still in its beginning phases.
From the outset, marijuana stocks might appear to be to some degree restricted to retail activities. Yet, when you dig somewhat more profound, you'll find a few subsectors inside the business, where everything from biotech and think-tanks to experts in dispersion and utilisation work.
Everything that is expressed, it's memorable critical this is an incipient industry whose primary item is as yet a Timetable 1 medication at the government level. That by itself makes any marijuana venture unsafe, however there are a few different motivations behind for what reason you'll believe should do intensive examination prior to plunging heedlessly into weed stocks.
Why marijuana stocks are interesting and unsafe
A stock's a stock, isn't that so? Definitionally, sure: You're purchasing portions of proprietorship in a public corporation. Yet, marijuana stocks convey a few extra difficulties and dangers, including:
Moderately new industry. Marijuana authorization past therapeutic purposes started in 2012. Thus, numerous marijuana stocks are tiny, falling into the classification of penny stocks, which is a hazardous field for financial backers, particularly fledglings. Youthful organisations are at higher risk of leaving business, their stocks can encounter wide cost swings, they might exchange less every now and again (making it harder to sell when the opportunity arrives) and there's less openly accessible exploration for would-be financial backers. At last, with marijuana not yet lawful on a government level, there could be implementation dangers later on.
Theoretical bet. For every one of the above reasons, marijuana stocks ought to be viewed as speculative ventures as of now. Try not to contribute beyond what you can stand to lose.
Likely tricks. Many individuals are anxious to bring in cash in pot stocks, including trick craftsmen. The Protections and Trade Commission has made explicit awareness of marijuana stocks, advance notice financial backers of potential venture misrepresentation (unlicensed dealers, commitments of ensured returns, spontaneous offers) and market control (counting exchanging interruptions and phoney public statements intended to impact costs).
Unfamiliar stocks. Numerous weed stocks exchanging in the U.S. are Canadian, and they're likewise among the biggest. While wandering abroad in your portfolio, there are a few extra dangers — there might be more restricted admittance to monetary information, for example, examination or organisation reports, than what's expected in the U.S. Furthermore, possibly no legitimate plan of action in the event that a venture is fake.
Not yet embraced by the monetary administrations industry. Since marijuana is unlawful governmentally, many banks are hesitant to contact this industry. Therefore, some speculation experts, like counsels or portfolio supervisors, will not have the option to prescribe marijuana stocks to put resources into. (To buy them all alone, see our bit by bit guide for how to purchase stocks.)
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