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Actor Jamie Foxx is on the mend after being hit in the mouth with a glass at a Beverly Hills restaurant Friday night. According to TMZ , the Oscar winner was celebrating his birthday with his daughters, Corinne and Anelise, and his ex, Kristin Grannis, at Mr. Chow when the glass-throwing incident went down. “Jamie Foxx was at his birthday dinner when someone from another table threw a glass that hit him in the mouth. He had to get stitches and is recovering. The police were called and the matter is now in law enforcement’s hands,” a representative for the star told the outlet. The tabloid also reports that a witness to the altercation tells them the glassware was thrown after Foxx asked a rowdy table to cool their vulgarity as he was dining with his family. Apparently, they didn’t take kindly to his request, and the glass was hurled. Cops were called, but Foxx left before they arrived and didn’t receive medical attention on the scene. Fashion brand Mango’s billionaire founder, Isak Andic, has died in a hiking accident in Spain, the company said. The 71-year-old slipped and fell from a 150-foot-high cliff Saturday while hiking with family in Montserrat near Barcelona, local media reported. Mango chief executive Toni Ruiz said in a statement: “It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive chairman and founder of Mango, in an accident that occurred this Saturday.” Ruiz hailed Andic as an “example for all of us.” “He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company,” he continued. Andic, who opened his first Mango store in Barcelona in 1984, was worth $4.5 billion at the time of his death, according to Forbes. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Consuming cannabis as an adult feels very different than doing so as a fresh-faced 21-year-old—so why should your smoking habits make your space feel like a disheveled college dorm room? NWTN Home’s collection of chic smoking essentials offers a more elevated way to enjoy cannabis in the comfort of your home. NWTN Home is a smokeware brand bringing craftsmanship to the cannabis industry by designing what they call “homeware for the high-minded.” Its weed-associated products are built to double as elegant and functional houseware items , helping you upgrade your home into a full smoking sanctuary. Plus, they make the perfect holiday gifts for your favorite creative cannabis connoisseur! This hand-poured, marbled ashtray rests atop a sleek melamine rolling tray and includes a helpful brass tool that can assist in your rolling process, making it the perfect blend of form and function. This standout stackable flower pot ashtray set is a surefire solution to keep your space clean—and your houseguests impressed. No cannabis collection is complete without something to smoke out of! These avant-garde gravity bongs are inspired by vintage housewares and designed to seamlessly blend into your barware and greenware set-ups. Sarah Michelle Gellar cleared the air after she seemed to snub a reporter who asked about her former co-star Jennifer Love Hewitt . While at the premiere of her new series Dexter: Original Sin on Dec. 11, Gellar was asked if she knew whether Hewitt would be returning for the upcoming I Know What You Did Last Summer reboot movie. “I have nothing to do with that,” the actress said quickly before stepping away . The moment went viral online and resurfaced old rumors of an on-set feud between the two women as stars of the original 1997 slasher movie. On Friday, however, Gellar explained why she seemed so cagey in her Instagram stories, chalking up her behavior to not wanting to violate non-disclosure agreements after she accidentally posted photos from the project’s set several weeks prior. “Aspiring actors please note: this deer in the headlights reaction is perfect for when you are excited to see so many old friends in one project but have already stupidly forgotten what NDA means once this month,” she wrote. Ultimately, Hewitt also confirmed her return to the reboot on Friday captioning a photo on Instagram. “It’s never too late to go back. Julie James is returning. I know what you will be doing next summer!” A post shared by Jennifer Love Hewitt (@jenniferlovehewitt) World-famous cellist Sheku Kanneh-Mason said he was forced to cancel a concert after Air Canada refused to give his 300-year-old, $3.2 million cello a seat he had booked for his flight. Kanneh-Mason is touring Canada with his sister, the pianist Isata Kanneh-Mason, and the two released a joint statement addressing the show, which was supposed to take place Wednesday in Toronto. “First we had delays, then a cancellation, and the day concluded by being denied boarding with the cello—despite having a confirmed seat for it—on a new, final flight into Toronto,” they explained in the statement . “We can only dream of a time when all airlines have a standardized, global and carefully considered approach to the carriage of precious instruments that are booked to travel in the cabin.” The airline addressed the incident in a statement to CBC. “In this case, the customers made a last-minute booking due to their original flight on another airline being cancelled,” a spokesperson said. “We are still reviewing what happened including why the cello was not successfully rebooked.” Kanneh-Mason rose to world renown after playing at Prince Harry and Meghan Markle ’s wedding. A post shared by Sheku (@shekukannehmason) Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. 2025 is quickly approaching, and there’s no better way to celebrate the new year than with 2024’s cocktail du jour—the espresso martini. It’s the perfect way to toast 2025 with sophistication, flavor, and an energy boost. Think you can’t make the buzzy beverage at home because you’re not a bartender? Think again. You can create this beloved cocktail effortlessly with just a cocktail shaker, fresh espresso, vodka, coffee beans, and Mr Black Cold Brew Coffee Liqueur . It all starts in the land Down Under—Australia. Mr Black sources its ingredients, including 100 percent specialty-grade Arabica coffee, from local farmers and cooperatives. The liqueur is then slowly brewed with purified cold water to preserve its delicate, complex flavors. The result? A bittersweet masterpiece with bold flavor, balanced sweetness, and a lasting coffee kick. Its rich, coffee-forward taste is a crowd-pleaser, and the sleek bottle design adds a touch of elegance to any bar cart. Making an espresso martini is simple. Combine Mr Black , vodka, and freshly brewed espresso in a shaker. Add ice and shake vigorously until cold. Then, strain the mixture into a martini glass and finish with three coffee beans as a garnish. Skip the champagne toast this year and ensure you stay awake for the countdown to 2025 with a Mr Black espresso martini. A Canadian woman was caught attempting to smuggle over 22 pounds of methamphetamine disguised as Christmas gifts into New Zealand. The 29-year-old, who was flying from Vancouver to Auckland, was busted at the airport with what amounted to over $2 million worth of the illicit substance wrapped as if ready to be placed under a tree. “This is a classic attempt by transnational organized criminal groups at trying to exploit the busy travel season,” wrote the airport’s customs manager, Paul Williams, in a statement. “But a busy airport does not mean Customs is not focussed on or paying attention to anyone who may pose a drug risk.” On X, the country’s customs service wrote “Ho Ho NO” about the incident. The woman is in custody on charges of importing and possessing a Class A controlled substance, according to customs. “These criminal groups make the mistake of thinking Customs won’t chase smaller targets, but we know that drugs sent from North America are an increasing risk, and we are prepared,” Williams added. Ho ho NO. A Canadian national is facing drug charges after Customs officers at Auckland Airport discovered approximately 10.2 kilograms of methamphetamine in her carry-on luggage, disguised as Christmas gifts. Read more: https://t.co/Qk0Y7Z12P5 pic.twitter.com/agabaiLOyg Gideon Moncrieffe, a TikTok executive who was slashed on the New York City subway by a stranger in 2023, is now suing the MTA for “systemic negligence,” according to the New York Post . The outlet, which obtained court filings, reports that Moncrieffe is suing for an unspecified amount because of the “profound psychological trauma” he has dealt with since the random attack by a rider named Sean Lewis. The slashing, which occurred shortly after the death of Jordan Neely incident, came about when Moncrieffe stepped in during an argument Lewis was having with another rider. “I said, ‘Look, somebody was killed on the train two weeks ago, they were choked out because someone proceeded to be aggressive,’” Moncrieffe told Lewis before being sliced down his face. One hundred stitches were needed to sew up the 8-inch wound. Shortly before assaulting Moncrieffe, Lewis had been arrested for choking and threatening his girlfriend with a knife. In the suit, Moncrieffe called the incident “foreseeable” and urged the MTA to stay on top of its banned rider policy along with other safety measures. Lewis was sentenced to seven years in jail for slashing Moncrieffe. TV icon Oprah Winfrey left her longtime best friend Gayle King flabbergasted after surprising her with a huge 70th birthday bash. The big reveal was captured on camera and posted to Winfrey’s Instagram. King, her mouth agape, clutches her chest and freezes—completely astonished. The camera pans to show a room filled to the brim with King’s loved ones. “My bestie of 50 years is turning 70 so we gathered everyone that loved her to celebrate,” Winfrey captioned the post . “Hard thing to surprise her, O the stories we have made up, the lies we have told to keep this a secret. Happy birthday @gayleking, sorry we almost gave you a heart attack.” Winfrey and King, both successful media personalities, have been dear friends since they met as young journalists at Baltimore’s WJZ television station. When Winfrey celebrated her own 70th birthday a year earlier, she said , “No day is promised to any of us. So to reach this major milestone feels like grace in action.” A post shared by Oprah (@oprah) Paula Abdul has reached a settlement with American Idol producer Nigel Lythgoe following a year-long sexual assault legal battle. The terms of the settlement were not disclosed. “I am grateful that this chapter has successfully come to a close and is now something I can now put behind me...,” Abdul said in a statement. “I hope my experience can serve to inspire other women, facing similar struggles, to overcome their own challenges with dignity and respect, so that they too can turn the page and begin a new chapter of their lives.” Lythgoe continued to dispute Abdul’s accusations, claiming, “We live in a troubling time where a person is now automatically assumed to be guilty until proven innocent, a process that can take years,” in a statement. Abdul accused Lythgoe of groping her in an elevator nearly 20 years ago when she was a judge on American Idol. A decade later, when she was a judge on So You Think You Can Dance , she alleged Lythgoe invited her to his home and then attempted to forced himself on her. Lythgoe stepped down as a judge on So You Think You Can Dance in January after a second suit was filed accusing him of sexually assaulting two contestants on a different show. A third lawsuit was filed in March, accusing Lythgoe of sexually assaulting a woman at his home in 2018. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Apparently, boosting prostate health can actually be pleasurable—at least, that’s what premium sexual wellness brand MysteryVibe says. The Molto, an ultra-slim and bendable prostate vibrator designed by a doctor, is engineered to be the same size and width as a doctor’s finger and to mimic similar motions to that performed during an exam, allowing for not only intense prostate (the prostate is often hailed as the male ‘G-spot’) and anal stimulation but also a release of prostatic fluids. According to the brand, some studies have found that excess prostatic fluid can lead to inflammation and pressure, so not only is this a sex toy , but it’s also possibly an investment in your prostate health. Think of it almost like a lymphatic massage for your prostate—except one that can give you intense orgasms, too. Made with body-safe silicone, the multifunctional and gender-fluid vibrator is powered by one “anatomically-placed” motor that delivers potent yet precise vibration to the anus and prostate without feeling bulky or inflexible. It’s a great sex toy for those new to anal play or who are looking for an ultra-sleek vibrator with possible health-boosting benefits. The prostate vibrator is equipped with 16 vibration settings and eight pre-set vibration patterns, allowing for superior control and customization. Plus, the device comes with access to a catalog of vibration patterns with the free MysteryVibe smartphone app. Best of all? Because the Molto vibrator is an FDA-registered class II medical device, it’s also FSA/HSA eligible. It’s been some 26 years since Jennifer Love Hewitt’s ‘final girl’ faced off with a vengeful killer fisherman in the I Know What You Did Last Summe r series. (That was in the film’s sequel, I Still Know What You Did Last Summer ; a third film is not considered canon by horror fans, while a related TV series aired in 2021.) But with filming on an official threequel—set for release, wait for it, next summer—currently underway, Hewitt confirmed Friday that she’ll be reprising her original role. “It’s never too late to go back,” Hewitt wrote in an Instagram caption confirming the casting news. Hewitt joins her former co-star Freddie Prinze Jr. in the forthcoming film, alongside a lineup of young Hollywood talent who will near inevitably end up as roadkill . Perhaps unsurprisingly, Prinze Jr.‘s wife Sarah Michelle Gellar —who also starred in the first IKWYDLS movie—had previously confirmed she won’t be returning, because her character died . Fair enough! That hasn’t stopped the Internet from wondering if she didn’t really want to see Love Hewitt back either, with commenters reading deeply into an apparently shady red carpet moment . A post shared by Jennifer Love Hewitt (@jenniferlovehewitt) BBC reported that Apple’s new AI notification system sent a message from the outlet that falsely claimed Luigi Mangione shot himself. The new technology aims to group together notifications; however, it falsely wrote that the suspect in UnitedHealthcare CEO Brian Thompson’s Manhattan slaying had shot himself. The BBC sent a message to Apple in regards to the notification, but the company declined to comment. A BBC spokesperson said, “It is essential to us that our audiences can trust any information or journalism published in our name and that includes notifications.” The notification included other news stories, which were described correctly. The message read: “Luigi Mangione shoots himself; Syrian mother hopes Assad pays the price; South Korea police raid Yoon Suk Yeol’s office.” The BBC also reported that it’s seemingly not the only news organization dealing with the misleading summarizations. A screenshot allegedly showed that a New York Times grouped notification read that Israeli Prime Minister Benjamin Netanyahu was arrested. The screenshot could not be independently verified by the BBC, and the New York Times declined to comment.

Lawmakers take swipe at credit card transaction fees

Fountainhead AM LLC grew its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 10.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,731 shares of the computer hardware maker’s stock after purchasing an additional 5,759 shares during the quarter. NVIDIA makes up about 1.5% of Fountainhead AM LLC’s portfolio, making the stock its 19th biggest holding. Fountainhead AM LLC’s holdings in NVIDIA were worth $7,375,000 at the end of the most recent reporting period. A number of other hedge funds have also recently added to or reduced their stakes in NVDA. Hoertkorn Richard Charles raised its stake in shares of NVIDIA by 2.0% in the 3rd quarter. Hoertkorn Richard Charles now owns 3,490 shares of the computer hardware maker’s stock valued at $424,000 after acquiring an additional 70 shares during the period. Smart Portfolios LLC raised its position in NVIDIA by 2.7% in the third quarter. Smart Portfolios LLC now owns 2,805 shares of the computer hardware maker’s stock valued at $341,000 after purchasing an additional 75 shares during the period. Total Wealth Planning LLC grew its stake in shares of NVIDIA by 3.6% in the third quarter. Total Wealth Planning LLC now owns 2,275 shares of the computer hardware maker’s stock valued at $276,000 after buying an additional 78 shares in the last quarter. Boyd Watterson Asset Management LLC OH raised its holdings in shares of NVIDIA by 0.3% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 30,080 shares of the computer hardware maker’s stock valued at $3,653,000 after buying an additional 80 shares during the period. Finally, Pavion Blue Capital LLC lifted its stake in NVIDIA by 0.4% during the 3rd quarter. Pavion Blue Capital LLC now owns 21,650 shares of the computer hardware maker’s stock worth $2,629,000 after acquiring an additional 80 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors. NVIDIA Trading Down 2.1 % NVIDIA stock opened at $137.01 on Friday. The stock has a market cap of $3.36 trillion, a PE ratio of 53.92, a P/E/G ratio of 2.43 and a beta of 1.64. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average price of $139.97 and a 200 day moving average price of $127.90. NVIDIA Co. has a 52 week low of $47.32 and a 52 week high of $152.89. NVIDIA Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 5th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date was Thursday, December 5th. NVIDIA’s dividend payout ratio (DPR) is 1.57%. Insider Activity at NVIDIA In related news, Director Mark A. Stevens sold 125,000 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $122.61, for a total value of $15,326,250.00. Following the transaction, the director now directly owns 8,255,117 shares of the company’s stock, valued at approximately $1,012,159,895.37. This trade represents a 1.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, Director John Dabiri sold 716 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $142.00, for a total value of $101,672.00. Following the completion of the transaction, the director now owns 19,942 shares in the company, valued at approximately $2,831,764. This trade represents a 3.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 1,351,886 shares of company stock worth $176,825,650. 4.23% of the stock is currently owned by insiders. Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of NVIDIA from $155.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Evercore ISI increased their price target on NVIDIA from $189.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Cantor Fitzgerald reissued an “overweight” rating and set a $175.00 price objective on shares of NVIDIA in a research report on Thursday, November 21st. Benchmark raised their target price on shares of NVIDIA from $170.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Needham & Company LLC raised their price objective on shares of NVIDIA from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Four analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $164.15. Read Our Latest Analysis on NVDA NVIDIA Company Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Featured Stories Five stocks we like better than NVIDIA Mastering Discipline: Overcoming Emotional Challenges In Trading S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains Upcoming IPO Stock Lockup Period, Explained How AI Implementation Could Help MongoDB Roar Back in 2025 What is the FTSE 100 index? Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? 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Overall, the implementation of refined measures represents a proactive approach towards improving the oversight and regulation of collective procurement, setting a new standard for best practices in the healthcare industry. By prioritizing transparency, accountability, and risk management, stakeholders can work together to ensure the safe and effective delivery of essential medical supplies to patients worldwide.The weather forecast warns of an impending cold snap, a blast of Arctic air that will send temperatures plummeting to record lows. The frosty bite in the air serves as a stark reminder that winter is here to stay, at least for the foreseeable future. It's time to bundle up, hunker down, and brace ourselves for the onslaught of bone-chilling cold that lies ahead.Subsplash Acquires Pulpit AI, an Innovative Platform Leveraging AI to Help Streamline Content Creation & Boost Sermon Engagement for ChurchesExperts are warning of the ‘imminent danger’ posed by the Kessler Syndrome, a chain reaction of space collisions that could overcrowd Earth's orbit with dangerous debris. This warning follows an incident last month when the International Space Station (ISS) had to manoeuvre itself out of harm's way to avoid an incoming piece of space junk. Kessler Syndrome, first theorised by NASA scientist Donald J. Kessler in 1978, describes a catastrophic scenario where space debris collides with satellites or other objects in orbit, creating runaway destruction. Such a chain reaction could knock out vital satellites, leading to widespread disruptions in communication networks, including Wi-Fi and cell phone services. Dan Baker, the director of the University of Colorado 's Atmospheric and Space Physics lab, warned during a conference this December that "unless we do something, we are in imminent danger of making a whole part of our Earth environment unusable". It is estimated that there are over 130 million pieces of ‘space junk’ currently orbiting Earth. These include bits of broken satellites, the remains of booster rockets and wreckage from weapons tests. NASA reports that most of this 'space junk' is moving very fast and travels at speeds of up to 18,000 mph, nearly seven times faster than a speeding bullet. Even small objects, like a fleck of paint , can smash through metal and can pose serious threats. In November, NASA reported that a Russian spacecraft attached to the space station fired its engines for more than five minutes to create a safer margin of distance from a passing hunk of debris. While NASA said it was unlikely that the debris would have collided with the space station, the debris could have passed within 2 1⁄2 miles (4 kilometers) of its orbital path. A direct impact might have depressurised parts of the station and left the astronauts struggling to return home. However, this is not the first time the space traffic experts have raised alarm bells about the increasing congestion. The ISS has had to make similar manoeuvers since it was first occupied in November 2000. Collision risks are growing every year as the number of objects in orbit around Earth multiplies. Dr. Vishnu Reddy, a professor of planetary sciences at the University of Arizona in Tucson observed that "the number of objects in space that we have launched in the last four years has increased exponentially". He added: "We are heading towards the situation that we are always dreading." The rapid increase in satellite launches by companies like SpaceX, which has deployed over 7,000 Starlink satellites into low Earth orbit, has exacerbated the problem. Holger Krag, head of the European Space Agency’s Space Safety Office, stated last year, “We are seeing a dramatically increased use of space, but still insufficient technology to prevent the risks that follow.” Dr. Reddy echoed the concerns, pointing to the lack of regulation as a critical issue. “I think the biggest concern is the lack of regulation,” he said. “I think having some norms and guidelines that [are] put forward by the industry will help a lot.”

With their impressive display of skill and resilience, the Chinese players have undoubtedly established themselves as formidable contenders in the Scottish Open. Their victories and strong showing in the Top 16 matches signal a new era of Chinese dominance in the world of snooker, and fans can look forward to watching these talented players continue to shine as the tournament progresses.Possibly not since Johnny Watkins in 1975 has an Australian Test cricketer had as embarrassing a day as Marnus Labuschagne’s in Perth on Sunday. A poor man’s bumper barrage, a couple of overs of leg-spin more negative than an opposition leader – at least cricketers get penalised for it – a five-ball innings for three runs to follow a 52-ball innings for two the first time around, and a fatuous review; these were all unworthy of a man who has been a good servant of his team and his country. Marnus Labuschagne departs Perth Stadium on Sunday, taking a review with him after being dismissed lbw. Credit: Getty Images Labuschagne’s ignominy was Australia humiliation writ small. Midway through day three, Australia had let slip a Test match they had all but won half-way through day one by so far that they resorted to the tactics of a harlequin, hoping to achieve by distraction what they could not by application. Only Labuschagne’s desperate review was in character. Australia will lose this match by hundreds of runs, and with it all their emperor’s clothes. The rest of the series will be a dogfight at best. At least it is a series this time, not a cameo. Australia drew criticism from old lags in the commentary box for not being nasty enough in its tactics and disposition. Remembering where such an attitude eventually led in a previous dispensation, that can be safely ignored. That time is past. But undoubtedly, the Australians’ body language was limp. Little things were telling. With run-outs on, the Australians did not hit the stumps. They used to. The much-decorated attack was at least persevering, but lacked a second wind. The Test match was taken away from them by a 22-year-old, who admittedly will be a superstar, and a makeshift in the opening role. We’d better get our heads around the idea of Yashasvi Jaiswal; he’s going to be inside them for a while. One consequence of the openers’ heroics was to gift the struggling Virat Kohli, arriving at 2-275, the most comfortable century of the seven he has now scored against Australia. Whether that emboldens him or deludes him henceforth we will soon see. The Australian team is ageing before our eyes. Yes, it still wins at a good rate, but it also loses carelessly. It was only this year that it lost to the West Indies at the Gabba, that erstwhile fortress. Now it’s going down the gurgler to India in Perth. It’s not the WACA Ground, which once was another of Australia’s locks, but it behaves much like the WACA. And it’s where, because of commercial imperatives, Australia has committed to kicking off home series for the next three years. And if anyone tries to blame the pitch here, see Indian openers, above. Doubtlessly, there will be inquiries, plural; sports administrators never settle for one. They will be pointless if they do not concede that the system has let the team down, at least in part. It’s a system that says one thing and does another. It spruiks the paramountcy of Test cricket, but constructs a program that marginalises it. By and large, the Australians played either no cricket, little cricket or other forms in the lead-up to this series. It’s too hard a game to be taken so lightly. Australian skipper Pat Cummins searches for answers on Sunday as India storms to a total of 6-487 declared.. Credit: AP Captain Pat Cummins said that if anything, he preferred to come into a new series underdone. As an alibi, that sounds all too convenient. India played three Tests. Yes, they lost them all, to New Zealand, but at least it was the right format. Perhaps the way the game has evolved, the Australian summer with the Big Bash League at its heart cannot have any other shape. If so, say so. Don’t patronise us. In a five-Test series, much can change. As veterans Rohit Sharma and perhaps Mohammed Shami return, and noting the bold performances of India’s newcomers, it has its own tricky territory to negotiate, but from a lovely position. Meantime, if you think Jasprit Bumrah has been a frightening proposition in Perth, imagine him with a pink ball under the Adelaide Oval lights. Australia must change, its outlook and perhaps its personnel. Nathan McSweeney has looked all at sea, but it would be grossly unfair to give him only one chance. Nonetheless, Australia must be thinking about how to hit refresh on the Test XI or find itself staring at the spinning wheel of death. Presently, it looks like a certain football team we know that won a premiership recently and is still trying to win the same premiership again. Watkins, by the way, though all at sea with the ball in his one and only Test, made difficult runs and contributed to Australia’s eventual win. News, results and expert analysis from the weekend of sport sent every Monday. Sign up for our Sport newsletter .• Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. • Micron offers significant upside potential backed by robust earnings growth and strong demand for its AI-related products. • Nike faces mounting challenges, with declining revenues, a cautious outlook, and soft consumer demand suggesting further downside for its stock price. • Looking for more actionable trade ideas? Subscribe here for 55% off InvestingPro as part of our Cyber Week Extended sale! U.S. stocks closed mostly lower on Friday, with the Dow Jones Industrial Average posting its longest run of losses since 2020, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year. For the week, the blue-chip Dow fell 1.8%, the S&P 500 dipped about 0.6%, while the tech-heavy Nasdaq Composite tacked on around 0.3% to secure its fourth consecutive week of gains. Source: Investing.com The blockbuster week ahead is expected to be a busy one filled with several market-moving events, including the Fed’s final monetary policy meeting of 2024. An official statement is due at 2:00PM ET on Wednesday. Fed chair Jerome Powell will speak at 2:30PM ET. With a 25-basis point rate cut assured, investors will focus on the central bank’s guidance on interest rates amid indications Powell could signal a pause in policy easing. Meanwhile, on the economic calendar, most important will be Tuesday’s U.S. retail sales report, which will shed further light on the health of the economy. The personal consumption expenditures price index reading for November, due Friday, will also be closely watched. Source: Investing.com Elsewhere, on the earnings docket, there are just a handful of corporate results due, including Nike (NYSE:NKE), FedEx (NYSE:FDX), Micron Technology (NASDAQ:MU), Lennar (NYSE:LEN), General Mills (NYSE:GIS), and Carnival (NYSE:CCL) as Wall Street’s reporting season draws to a close. Regardless of which direction the market goes, below I highlight one stock likely to be in demand and another which could see fresh downside. Remember though, my timeframe is just for the week ahead, Monday, December 16 - Friday, December 20. Micron is poised for a solid week as the memory chip maker gears up to report its fiscal first-quarter results on Wednesday at 4:05PM ET. A call with president and chief executive officer Sanjay Mehrotra is set for 5:00PM ET. Market participants expect a sizable swing in MU stock after the update drops, according to the options market, with a possible implied move of +/-11.7% in either direction. Earnings have been catalysts for outsized swings in shares this year, with MU surging nearly 17% when the company last reported quarterly numbers in September. Wall Street anticipates strong earnings driven by robust demand for its High-Bandwidth Memory (HBM3E) chips, which are vital for AI and cloud computing applications. Adding to the bullish sentiment, 16 of the 24 analysts surveyed by InvestingPro have revised their earnings estimates upward over the past three months. Source: InvestingPro Micron is seen earning $1.77 a share, reversing a sharp year-ago loss of $0.95 per share, signaling a significant recovery after a challenging period in the memory market. Revenue is forecast to soar 83.9% annually to $8.70 billion, benefiting from sales of high-bandwidth memory devices to data centers running AI applications. The Boise, Idaho-based company plays a critical role in powering advancements in AI, cloud computing, and 5G connectivity with its innovative DRAM and NAND products. Looking ahead, I believe Micron’s management will provide solid guidance for the current quarter to reflect robust memory demand from cloud providers as growth prospects in artificial intelligence remain strong. Micron’s groundbreaking HBM3E technology, a key enabler for AI workloads, is expected to be a cornerstone of its growth strategy. MU stock ended Friday’s session at $102.50. At current levels, Micron has a market valuation of $113.7 billion. Shares, which reached an all-time high of $157.54 on June 18, are up 20.1% in the year-to-date. Source: Investing.com It should be noted that Micron stock remains undervalued according to the InvestingPro Fair Value model and could see an increase of 8.5% to $111.22. Be sure to check out InvestingPro to stay in sync with the market trend and what it means for your trading. Subscribe now and get 55% off and position your portfolio one step ahead of everyone else! In contrast, Nike, the global athletic apparel giant, faces significant headwinds this week as it prepares to report fiscal second-quarter results on Thursday at 4:15PM ET. Despite its strong brand recognition, the company is grappling with declining consumer demand for athletic wear and footwear, alongside supply chain challenges. According to the options market, traders are pricing in a swing of +/-7.7% in either direction for NKE stock following the print. Notably, shares gapped down after earnings in the past four quarters, and continued challenges suggest further downside. Analysts have slashed their profit estimates amid weakening operating margins and slowing growth in North America and China, two of Nike's largest markets. Source: InvestingPro Nike is expected to post a 37.8% drop in adjusted earnings per share to $0.64, with revenue projected to decline by 9.7% from the year-ago period to $12.1 billion. The sneaker giant has faced mounting challenges in recent quarters, struggling with weakening demand for athletic footwear and apparel amid a softening macroeconomic environment. The focus will be on newly reappointed CEO Elliott Hill's plans for a turnaround after the company pivoted to a direct-to-consumer model, which has struggled to offset declining wholesale revenues. NKE stock - which fell to a 2024 low of $70.75 on August 5 - closed at $77.25 on Friday. At its current valuation, the Beaverton, Oregon-based sportswear retailer has a market cap of $115 billion. Shares are down 28.8% in the year-to-date. Source: Investing.com It should be noted that Nike has a below average InvestingPro ‘Financial Health’ score of 2.4 out of 5.0 due to ongoing concerns over weakening gross profit margins and spotty sales growth. Whether you're a novice investor or a seasoned trader, leveraging InvestingPro can unlock a world of investment opportunities while minimizing risks amid the challenging market backdrop. Subscribe now to get 55% off all Pro plans with our Cyber Week Extended offer and instantly unlock access to several market-beating features, including: • ProPicks AI: AI-selected stock winners with proven track record. • InvestingPro Fair Value: Instantly find out if a stock is underpriced or overvalued. • Advanced Stock Screener: Search for the best stocks based on hundreds of selected filters, and criteria. • Top Ideas : See what stocks billionaire investors such as Warren Buffett, Michael Burry, and George Soros are buying. Disclosure: At the time of writing, I am long on the S&P 500, and the Nasdaq 100 via the SPDR® S&P 500 ETF (SPY), and the Invesco QQQ Trust ETF (QQQ). I am also long on the Invesco Top QQQ ETF (QBIG), Invesco S&P 500 Equal Weight ETF (RSP), and VanEck Vectors Semiconductor ETF (SMH). I regularly rebalance my portfolio of individual stocks and ETFs based on ongoing risk assessment of both the macroeconomic environment and companies' financials. The views discussed in this article are solely the opinion of the author and should not be taken as investment advice. Follow Jesse Cohen on X/Twitter @JesseCohenInv for more stock market analysis and insight. Related Articles 1 Stock to Buy, 1 Stock to Sell This Week: Micron, Nike S&P 500: Do Economic Indicators Support Bullish 2025 Outlooks? Are 2024’s Top Insider Buys a Good Bet for 2025?