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Games on a college basketball schedule don't contrast much more than the two NC State has this week. The Wolfpack (6-3) host Coppin State (0-10) on Tuesday in Raleigh, N.C., then hit the road to challenge No. 10 Kansas on Saturday. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.News Corp sells Foxtel to DAZN in $3.4 billion dealNirupam Sinha to Join Company on January 6, 2025 CHICAGO , Dec. 9, 2024 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced the appointment of Nirupam Sinha as Chief Financial Officer ("CFO"), effective January 6, 2025 . Sinha currently serves as Chief Financial Officer of Checkout.com LLC, a globally regulated payments company. He was previously Global Head of Product at T. Rowe Price Group, Inc., and also led the Wealth & Asset Management and Corporate Business Functions Practices at McKinsey & Company. " Nirupam Sinha is a proven financial leader with a passion for strategy, transformation, and people leadership across professional services, financial services, and technology. Throughout his career, Nirupam has helped lead transformative financial management and value creation, all while advancing organizational growth, making him the ideal leader to create value for clients, colleagues and shareholders," said Heidrick & Struggles' Chief Executive Officer Tom Monahan . "Nirupam has the strategic insight, leadership skills and deep experience to support Heidrick & Struggles as the world's most trusted partner in leadership and critical talent decisions, focused on building differentiated, deep and durable relationships with the world's most leadership-obsessed companies." "We are in a pivotal time when people and leadership can make or break a business, making the work at Heidrick & Struggles ever more important," said Nirupam Sinha . "Heidrick & Struggles has long served at the heart of talent strategy and continues to innovate and expand its offerings in an increasingly transformative market. I believe we have an exciting road ahead as a firm and I'm honored to be a part of it. As Heidrick & Struggles continues to grow, I look forward to helping the Company continue to scale and deliver strong performance for our clients and shareholders around the world." Nirupam Sinha Biography Nirupam Sinha is a tested leader with extensive experience across professional services, financial services, and technology. He currently serves as Chief Financial Officer of Checkout.com , a global payments company, where he oversees a team of more than 200 across Accounting, Treasury, Tax, FP&A, Investor Relations, and Strategy as well as other groups. Nirupam also served as the Global Head of Product at asset management firm T. Rowe Price , where his tenure also included senior Finance and Strategy roles. With nearly 20 years of experience, Nirupam has a proven track record of transforming finance functions, scaling organizational growth, and engaging across stakeholder groups. He began his career at McKinsey & Company in the Financial Services Practice and also worked at Serent Capital as a private equity investor. Nirupam holds a B.A. in Political Science from Yale University and an MBA from the Wharton School at the University of Pennsylvania . Sinha is based in New York . About Heidrick & Struggles Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory services and on-demand talent solutions, serving the senior talent and consulting needs of the world's top organizations. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, we partner with clients to develop future-ready leaders and organizations, combining our expertise in executive search, leadership consulting, and on-demand talent solutions to maximize client profitability and performance. Helping our clients change the world, one leadership team at a time.® www.heidrick.com Media Contact Bianca Wilson Global Director, Public Relations Heidrick & Struggles bwilson@heidrick.com View original content to download multimedia: https://www.prnewswire.com/news-releases/heidrick--struggles-appoints-chief-financial-officer-302326506.html SOURCE Heidrick & Struggles
Was Friday's double dose of good news a turning point for the stock market?
Chief Minister A Revanth Reddy said after attaining global recognition of being power hub for software, pharma, life sciences and biotechnology sectors, Hyderabad would reposition itself as a global leader in future technologies with new initiatives like Future City and AI City. To facilitate this, there was a need for world class ecosystem and effective dispute resolution mechanism. Judiciary was the cornerstone of our democracy but there was a big issue before the judiciary of huge backlog cases, he said. Addressing at the Med-Arb Conference here on Friday, the Chief Minister stressed that India needed an alternate dispute (adsbygoogle = window.adsbygoogle || []).push({}); resolution mechanisms to help reduce cases pendency and ensure justice, which was fast and efficient. Hyderabad was proud to be on global arbitration map, next to Singapore and London. If mediation and arbitration were combined for quick dispute resolution, business would no longer witness disputes as a bottleneck for making investments quickly, he said, adding IAMC can help not only Hyderabad and Telangana but entire India. “Good practices of mediation and arbitration should not only be available to global investors, big corporations and governments but also to poor people, especially the weakest sections,” Revanth Reddy said.
Check Point Software Announces New Regional Director for AfricaArtificial Intelligence Software Maker C3.ai Earnings, Revenue Top Estimates, Shares RiseRep. Anna Paulina Luna (R-FL) introduced a resolution that condemns the “death threats” that Rep. Nancy Mace (R-SC) has received over a bill that seeks to protect women’s rights by barring biological men from using women’s restrooms in the U.S. Capitol. In a press release , Luna described the “threats of violence and death” made against Mace as “awful and completely unacceptable.” Luna noted that making threats has “become standard practice” for people on the other side of the aisle. Art of the Deal! Trump Threatens Mexico and Canada with Tariffs; Guest John Carney “The escalating threats of violence and death against Congresswoman Nancy Mace on social media and to her office are awful and completely unacceptable,” Luna said in a statement. “This has become standard practice among those on the other side towards those they disagree with.” In Luna’s resolution, there were several examples of death threats that had been made against Mace after she introduced her bill to protect women’s privacy by barring biological men who identify as transgender from using the women’s restrooms in the U.S. Capitol building. Mace’s bill came after Delaware Rep.-elect Sarah McBride (D) became the first transgender candidate to be elected to serve in Congress and is set to join the House of Representatives in January. Whereas, after introduction of this resolution, Representative Nancy Mace has received multipe death threats; Whereas one of the death threats came from a video posted on social media with the statement “This video goes out to Congresswoman Nancy Mace. Congresswoman Nancy Mace, I hope that one day I do find you in that woman’s bathroom and I grab your ratty looking f-ing hair and drag your face down to the floor while I repeatedly bash it in until the blood’s everywhere and you’re dead.”; Whereas another death threat came from a phone call with a blocked number where it was stated that “We’re killing her. She’ll die today.”; Whereas another death threat came from a post on social media with the statement “Prepare to die @repnancymace.”; Whereas another death threat came from a phone call where it was stated “Nancy Mace doesn’t deserve to be alive.”; Luna’s resolution ended with the House of Representatives being called to strongly condemn the death threats made against Mace, and Luna condemning “all threats of violence.” “Elected officials must be able to represent the values and policies their constituents sent them here to uphold-free from intimidation or fear for their livelihood,” Luna added in her statement. “Congress must stand united in unequivocally condemning all threats of violence against our colleagues.” Mace previously issued a statement revealing that she was receiving threats on social media where men were “threatening to bash” her head in and added that “one of these anonymous harassers went to so far as to imagine” attacking her in a restroom. After Mace introduced her bill, House Speaker Mike Johnson (R-LA) announced that he would be blocking biological men from using the women’s restrooms in the U.S. Capitol. “All single-sex facilities in the Capitol and House Office Buildings — such as restrooms, changing rooms, and locker rooms — are reserved for individuals of that biological sex,” Johnson said. “It is important to note that each Member office has its own private restroom, and unisex restrooms are available throughout the Capitol.”
One of the easiest ways to boost is through because of the portfolios they provide. Under-the-radar ASX ETFs could provide extra diversification that the biggest ETFs can't. If we look at some of the most popular ETFs, we can see that their portfolios are focused on just a few stocks. The ( ) has a heavy exposure to a few and . The ( ) is heavily allocated to the largest US companies. There are other share markets that are more attractive than Australia and the US, and there are other tech companies with growth potential beyond the largest ones. So, I'm going to outline two ASX ETFs that could be helpful investment options. Betashares India Quality ETF( ) India is a fascinating country with more than 1.4 billion people, according to the World Bank. Its economy is rapidly growing – Goldman Sachs suggests the Indian economy could grow at an average of 6.5% per year between 2025 and 2030. Goldman Sachs also suggests the Indian economy could be "relatively insulated against global shocks over the coming year — including tariffs levied by the new administration of US President-elect Donald Trump." The investment bank also expects the businesses represented within the 'MSCI India' to see earnings growth of 12% and 13%, respectively, for the calendar years 2024 and 2025. That's a little less than what other analysts expect. How can we gain exposure to the Indian economy? The IIND ETF owns a portfolio and . Since inception in August 2019, the ASX ETF has returned an average of 10.1% per year, which I think is a solid return. Betashares Cloud Computing ETF ( ) The world is becoming increasingly technological, partly thanks to businesses that provide operations related to the Internet and cloud computing. As Betashares says: Cloud computing has been one of the strongest-growing segments of the technology sector, and given much of the world's digital data and software applications are still maintained outside the cloud, continued strong growth has been forecast. Businesses must make a large percentage of their revenue from cloud computing services. Inclusion in the portfolio is prioritised for companies that generate a majority of their revenue from cloud-based services. The sorts of businesses that are in this ASX ETF's portfolio of 37 names include , , , , , and . Companies with digital operating models usually have pleasing operating leverage. They have already built their digital infrastructure, so more users or subscribers can boost profit margins because the new revenue can largely drop to the operating profit ( ) line of the financials.Gophers vs. No. 4 Penn State stirs vivid memories from Minnesota’s 2019 home triumph
The ‘Harris Fight Fund’ fundraising emails reveal a campaign without shameOn Saturday, unified heavyweight champion Oleksandr Usyk scored a second triumph over Tyson Fury by claiming a 12-round unanimous decision at the Kindom Arena in Riyadh, Saudi Arabia. All three judges scored the fight 116-112. MORE: Oleksandr Usyk vs. Tyson Fury 2 fight updates, results, highlights In their first encounter, in May, the lightning-quick Ukrainian scored a knockdown against "The Gypsy King" in round nine and prevailed by 12-round split decision to win the undisputed championship. Given all that he’s accomplished in his career, it’s incredible to think that the unbeaten Usyk has only climbed the ring steps 22 times as a professional. A double undisputed champion (cruiserweight and heavyweight) and the finest pound-for-pound fighter in the world today, he is a lock for the Hall of Fame and, for many, an all-time great. This second victory over Fury has rubberstamped the 37-year-old lefty as the finest heavyweight of his generation. Alongside his wins over Fury, Usyk has twice defeated Anthony Joshua, and he also holds a ninth-round stoppage win over the reigning IBF heavyweight champ Daniel Dubois. As things stand, there is simply no denying his supremacy. Even as he approaches the twilight of his career, Usyk shows no signs of slowing down and there are still big fights out there for him. The Sporting News plots potential courses for the unified heavyweight champion in 2025. Will Oleksandr Usyk fight Daniel Dubois in a rematch? Following Usyk's second win over Fury, Daniel Dubois crashed the Ukrainian's post-fight interview and called for a rematch. The pair have a history. On August 26, 2023, Usyk scored a ninth-round TKO over Dubois in Poland to retain his IBF, WBA and WBO titles. But as impressive as this result was, one major moment of controversy loomed large in the aftermath. In Round 5, Dubois released a brutal right-hand shot to the body that dropped Usyk to his knees. The referee instantly ruled a low blow and gave the champion almost four minutes of recovery time. While Usyk regained control of the fight, it was this incident that garnered all the headlines. Opinions among boxing insiders were divided with some claiming that the Englishman’s punch was legitimate and others agreeing with veteran referee Luis Pabon’s decision. Not only is the rematch an easy sell because of what happened in the first fight, but Dubois’ stock has risen dramatically since that time. The Englishman was upgraded to full IBF champion following a win over Filip Hrgovic and he’s coming off a sensational fifth-round knockout over Anthony Joshua. “I’d love to see Daniel lace them up against Usyk again because I believe that he should have won that fight and I still believe it wasn’t a low blow,” said promoter Frank Warren via The Standard . Before that rematch can become a reality, Dubois has to get through Joseph Parker on February 22 in Riyadh. That is far from an easy assignment. MORE: SN's Top 12 best heavyweight boxers Will Oleksandr Usyk return to cruiserweight? Shortly after defeating Fury the first time, Usyk stunned fans and boxing experts when he announced that he was motivated to return to the cruiserweight division. "I think maybe after the rematch, I am going to go down in weight to cruiserweight. I want more [fights at] cruiserweight," Usyk told the '3 Knockdown Rule' via the BBC . "Maybe I can be undisputed for a second time in the cruiserweight division, it's my plan. When I start to prepare for my training camp [as a heavyweight], I have to eat all the time. For me it's hard, I don't like it." Between September 2016 and July 2018, Usyk won every legitimate cruiserweight world title belt to emerge as the first undisputed champion in that division since Evander Holyfield in the 1980s. Furthermore, Usyk beat all the titleholders (Krzysztof Glowacki, Mairis Briedis and Murat Gassiev) on enemy territory. No cruiserweight champion has ever moved up to heavyweight, won world titles, then returned to cruiserweight to regain belts in that division. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Learn more >Artificial intelligence experts Tristan Harris and Aza Raskin analyze the technology on ‘One Nation.’ A 14-year-old committed suicide after following the advice of an AI chatbot . Another family is suing the same one — Character AI — after it told an autistic 14-year-old to kill his parents. It also exposed an 11-year-old to sexual content. These stories are heavy reminders that young people are especially vulnerable on the internet , but AI isn’t the only thing targeting them. HOW TO (KINDLY) ASK PEOPLE NOT TO POST YOUR KIDS' PHOTOS ON SOCIAL MEDIA The fine folks at the FBI’s crime division say teens lost 2,500% more money to scams over a recent five-year stretch. Compare that to an 805% increase for seniors, which is still not great, but at least it’s not 2,500%. So, why teens? Because thieves have more ways than ever to target them. Talk to anyone in your circle born between 1996 and 2010 about this. It’s a big deal. I share smart tech news and tips you can use every single day. Join 600K readers who get The Current. The most prevalent scams and tricks Under the influence: Say a kiddo in your family idolizes an online influencer. That person is so easy to impersonate. All a fraudster has to do is set up a phony account that looks real, run a contest and trick "winners" into handing over their personal details (or more) to claim their (nonexistent) prizes. Done and done. This file photo shows someone checking his smartphone in Glenview, Ill. (AP Photo/Nam Y. Huh, File) Pro tip: Stick to "official" influencer accounts with substantial follower counts. A smaller account is almost always a scammer, not some secret one. And never give financial info or money to someone via DM. ‘Hey there, handsome’: This is a classic for a reason. Scammers grab pictures of an attractive teen or 20-something and play digital Casanovas. All too soon, they profess their love — then comes the request for money, gifts or info. Pro tip: Try a reverse image search to see if those pics pop up elsewhere online. If the person refuses to video call or meet you in person, it’s a bad sign. RELATED: Deepfakes are so easy to make. Talk to your kids. ‘Send me a photo’: This is the dangerous intersection of smartphones , sexting and scammers. Someone shares sexy pictures and asks for some in return. As soon as the victim sends a pic or video, everything changes. AI EXPERT: CHATGPT PROMPTS YOU’LL WISH YOU KNEW SOONER The person on the other end is now blackmailing them. Pay up or they’ll share the content with everyone the victim knows. Think about how horrifying that would be at any age, but especially as a teenager. I spoke to a family that lost their son to suicide after this happened to him. Such a heartbreaking story, and they’re not alone; this is way too common. Pro tip: Talk to your kids about sending pictures to others online. Urge them to never share anything explicit, even with someone they know in person and trust. It’s just not worth it. ‘You won!’ ... Not": This one targets younger teens. A thief tricks them into revealing credit card details or downloading malware under the guise of rewards in their favorite game. Social media apps are pictured on a smartphone. (Matt Cardy/Getty Images) Pro tip: This one’s easy. Only ever buy apps or make in-app purchases through an official app store — no trades and nothing "private." So, what can you do? The internet is an incredible resource for learning, creativity and fun, but let’s not sugarcoat it: there are dangers out there. Scammers and predators have become experts at manipulation, and kids can easily fall victim. The most important thing you can do as a parent? Foster open, honest communication. When my son was younger, I shared age-appropriate stories about what he might encounter online. We talked about the risks in a way he could understand. He knew that if anything or anyone made him feel uncomfortable, he should come to me immediately, no questions asked. DO THIS WITH YOUR FAMILY VIDEOS BEFORE IT’S TOO LATE That’s the foundation: trust. Kids need to know that they won’t get in trouble for being fooled. Today’s online predators are sneaky, and scammers know exactly how to win a child’s trust. If your child is targeted, it’s never their fault. Here’s my free tech safety contract you both can sign if you’re not sure where to start the conversation around tech limits. Action plan for parents Remember when you had a fake driver’s license or told a little white lie to get what you wanted? Kids have ways around parental controls and are smart enough to spin the birth year wheel when signing up to get around age restrictions. A mother and teenage daughter are seen using a smartphone. (iStock) RELATED: Best apps and gadgets to monitor your kid (from preschool to teens) Set clear ground rules for screen time and device use, and keep the conversation going as they grow. A few simple steps to take: Have the passcode to their phone: You need access to everything at any time. Even if you don’t pop in much, they need to know you can. Set limits: Use built-in app controls to monitor their time spent in the apps and tools like content filters to limit their exposure to inappropriate material. "Friend" or "Follow" them: Stay connected on social media to see their circle and interactions. Without open dialogue, they’ll find ways around you. Know the special settings: On Snapchat, Instagram and YouTube, you can connect to your child’s account . The best protection is being your child’s go-to resource for help and guidance. Let your kids know you’re there, ready to listen, no matter what. That’s the real safety net. CLICK HERE TO GET THE FOX NEWS APP Get tech-smarter on your schedule Award-winning host Kim Komando is your secret weapon for navigating tech. National radio: Airing on 500+ stations across the US - Find yours or get the free podcast. Daily newsletter: Join 600,000 people who read the Current (free!) Watch: On Kim’s YouTube channel Podcast: " Kim Komando Today " - Listen wherever you get podcasts Copyright 2025, WestStar Multimedia Entertainment. All rights reserved.
In the rapidly evolving world of virtual reality, two giants are making headlines: Pico 4 Ultra and Meta Quest 3 . These next-generation VR headsets promise to redefine immersive experiences, leaving tech enthusiasts eager for a deeper dive into their groundbreaking features. The Pico 4 Ultra is setting the bar high with its ultra-light design, which combines comfort with advanced technology. It showcases a stunning resolution, making every detail sharp and vibrant, enhancing gaming realism to a level previously unseen. This headset excels in introducing intuitive hand-tracking capabilities, offering gamers a seamless and natural interaction with the virtual environment. On the other side, the Quest 3 isn’t backing down. Meta’s latest offering not only boasts an impressive resolution but also integrates enhanced AI-driven insights, tailoring the virtual experience to individual user preferences. Quest 3 is tapping into the potential of social VR, betting big on the integrated social platforms that allow friends to join each other’s virtual adventures, creating a pervasive sense of interconnection. Both devices feature substantial improvements in processing power and battery life, ensuring uninterrupted sessions even during the most intensive gameplay. As these two headsets prepare to hit the market, gamers worldwide are closely scrutinizing which will dominate the scene. The future of VR might just hinge on this exciting face-off between the Pico 4 Ultra and Quest 3, as each strives to outdo the other in a race toward ultimate immersion. As technology pushes boundaries, the gaming world eagerly anticipates a new level of realism and interaction. Battle of the Titans: Pico 4 Ultra vs. Meta Quest 3 The virtual reality landscape is continuously transformed by technological innovations, and the latest contenders, Pico 4 Ultra and Meta Quest 3 , are no exception. These groundbreaking VR headsets are poised to usher in a new era of immersive experiences, offering game-changing features that are captivating tech enthusiasts and gamers worldwide. Cutting-Edge Features Pico 4 Ultra stands out with its ultra-lightweight design, making it one of the most comfortable headsets on the market. Its impressive resolution brings unmatched visual realism to the virtual world, allowing gamers to perceive details with unprecedented clarity. This model excels in intuitive hand-tracking capabilities, providing seamless and natural interactions within the virtual environment. In contrast, the Meta Quest 3 leverages advanced AI-driven insights, customizing user experiences based on individual preferences. This headset also places a strong emphasis on social VR, integrating platforms that enhance interconnectedness by allowing friends to join each other’s virtual adventures. These features create a unique sense of community and shared experiences unlike any other VR product. Comparison of Use Cases Both headsets offer substantial improvements in processing power and battery life, catering to extended and intensive use. However, their use cases vary slightly: – Pico 4 Ultra is ideal for users seeking a lightweight device that emphasizes precision and detailed graphics, making it an excellent choice for gamers focused on high-resolution experiences and intricate environments. – Meta Quest 3 appeals to those who value social interaction and community within VR. Its platforms make it suitable for users who enjoy multiplayer and shared experiences, along with highly personalized game settings. Market Analysis and Predictions As the VR market continues to expand, the competition between Pico 4 Ultra and Meta Quest 3 will likely drive further innovations. Analysts predict that the integration of AI and social platforms in VR will set new standards for user engagement and interactivity. With its hand-tracking technology and clarity-focused design, Pico 4 Ultra might dominate among hardcore gamers, while the socially driven Quest 3 could appeal to those seeking a more interconnected experience. As both headsets hit the market, we could witness a shift toward more personalized and social VR experiences. Trends and Innovations The trend towards creating lighter, more comfortable headsets combined with high-resolution displays and advanced AI indicates a future where VR is not just visually immersive but also socially engaging. The success of these innovations may lead to broader applications beyond gaming, such as virtual meetings, training simulations, and more. Conclusion The impending showdown between Pico 4 Ultra and Meta Quest 3 will be closely watched by the tech community. These headsets are not just competing for market dominance; they are setting the stage for the future of virtual reality. As technology continues to break new ground, the real winners are the consumers, who stand to gain access to revolutionary VR experiences. For more information about ongoing innovations in virtual reality and to explore other offerings in the realm of immersive technology, check out Meta and Pico .The Australian sharemarket has avoided an embarrassing start to the Christmas trading week, with the market operator managing to fix its system for processing trades made by investors. On Friday, trading on the ASX was hampered by a technical issue delaying the settlement of trades on its Clearing House Electronic Subregister System, known as CHESS. The glitch forced the market operator to defer settlements scheduled for Friday to Monday, December 23, leaving brokers in a jam as billions of dollars worth of transactions couldn’t be finalised. The ASX narrowly avoided a festive fumble on Monday morning after a key system for processing trades was hampered by a glitch on Friday. Credit: Dominic Lorrimer The ASX said on Sunday that it had successfully resolved the technical issue, with settlement services to start as normal and will process all trades from last Wednesday and Thursday held up by the glitch. The CHESS system manages the transaction of shares between a buyer and a seller. Had the issue not been resolved, the ASX could have been forced to delay the time of market opening on Monday, or at worst cancel trading altogether. The ASX suffered a full-day trading outage in November 2020, and the market operator’s effort to upgrade the ageing CHESS system, which is 30 years old, has suffered significant delays. However, investors are set to be rewarded with only a meagre rise on Monday following a grim week for both local and international stocks, despite a small rally in US markets on Friday. Local futures indicate at market open the S&P ASX200 will gain just 0.16 per cent to 8079 points. At the end of last week, the S&P500 rose 1.1 per cent for its best day in six weeks and shaved its loss for the week down to 2 per cent. The Dow Jones Industrial Average jumped 498 points, or 1.2 per cent, and the Nasdaq composite gained 1 per cent. Superstar stock Nvidia and other big tech companies led the market, which got a lift after a report said a measure of inflation the Federal Reserve likes to use, was slightly lower last month than economists expected. It’s an encouraging signal following recent reports suggesting inflation may be tough to get all the way down to the Fed’s 2 per cent goal from its peak above 9 per cent. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year than it earlier expected. That warning sent a shock through the stock market, which had run to 57 all-time highs this year amid the widespread assumption the Fed would deliver a string of cuts to rates into 2025. Now traders are largely betting on one, two or perhaps even zero next year, according to data from CME Group. “When optimism is rising and market multiples are expanding, it just takes a little fear to take the veneer off a market rally,” according to Brian Jacobsen, chief economist at Annex Wealth Management. Friday’s better-than-expected inflation data pushed traders to trim their bets for zero cuts in 2025, which they now collectively see a 16 per cent chance of. Easier interest rates would boost the economy by making it cheaper for households and businesses to borrow, but they could also provide fuel for inflation. Critics had been warning stock prices were vulnerable to drops after running so high and that the market likely needed everything to go correctly to justify its stellar gains for the year. Besides the diminished hopes for several rate cuts next year, Wall Street got another reminder late Thursday that everything may not go as expected. In crypto markets, Bitcoin continues to toil under historical highs, dropping below $US100,000 at the end of last week where it remains, trading at $95,300 on Monday morning. In the bond market, Treasury yields eased. The yield on the 10-year Treasury fell to 4.52 per cent from 4.57 per cent late Thursday. In stock markets abroad, indexes fell modestly across much of Asia and Europe. - with AP The Market Recap newsletter is a wrap of the day’s trading. Get it each weekday afternoon .
The New York-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.16 per share. The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. The database platform posted revenue of $529.4 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $495.5 million. For the current quarter ending in January, MongoDB expects its per-share earnings to range from 62 cents to 65 cents. The company said it expects revenue in the range of $515 million to $519 million for the fiscal fourth quarter. MongoDB expects full-year earnings in the range of $3.01 to $3.03 per share, with revenue ranging from $1.97 billion to $1.98 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on MDB at https://www.zacks.com/ap/MDBRuling on Monday after an emergency hearing at Belfast High Court, judge Mr Justice McAlinden rejected loyalist activist Jamie Bryson’s application for leave for a full judicial review hearing against Northern Ireland Secretary Hilary Benn. The judge said Mr Bryson, who represented himself as a personal litigant, had “very ably argued” his case with “perseverance and cogency”, and had raised some issues of law that caused him “some concern”. However, he found against him on the three grounds of challenge against Mr Benn. Mr Bryson had initially asked the court to grant interim relief in his challenge to prevent Tuesday’s democratic consent motion being heard in the Assembly, pending the hearing of a full judicial review. However, he abandoned that element of his leave application during proceedings on Monday, after the judge made clear he would be “very reluctant” to do anything that would be “trespassing into the realms” of a democratically elected Assembly. Mr Bryson had challenged Mr Benn’s move to initiate the democratic consent process that is required under the UK and EU’s Windsor Framework deal to extend the trading arrangements that apply to Northern Ireland. The previously stated voting intentions of the main parties suggest that Stormont MLAs will vote to continue the measures for another four years when they convene to debate the motion on Tuesday. After the ruling, Mr Bryson told the court he intended to appeal to the Court of Appeal. Any hearing was not expected to come later on Monday. In applying for leave, the activist’s argument was founded on three key grounds. The first was the assertion that Mr Benn failed to make sufficient efforts to ensure Stormont’s leaders undertook a public consultation exercise in Northern Ireland before the consent vote. The second was that the Secretary of State allegedly failed to demonstrate he had paid special regard to protecting Northern Ireland’s place in the UK customs territory in triggering the vote. The third ground centred on law changes introduced by the previous UK government earlier this year, as part of its Safeguarding the Union deal to restore powersharing at Stormont. He claimed that if the amendments achieved their purpose, namely, to safeguard Northern Ireland’s place within the United Kingdom, then it would be unlawful to renew and extend post-Brexit trading arrangements that have created economic barriers between the region and the rest of the UK. In 2023, the UK Supreme Court unanimously ruled that the trading arrangements for Northern Ireland are lawful. The appellants in the case argued that legislation passed at Westminster to give effect to the Brexit Withdrawal Agreement conflicted with the 1800 Acts of Union that formed the United Kingdom, particularly article six of that statute guaranteeing unfettered trade within the UK. The Supreme Court found that while article six of the Acts of Union has been “modified” by the arrangements, that was done with the express will of a sovereign parliament, and so therefore was lawful. Mr Bryson contended that amendments made to the Withdrawal Agreement earlier this year, as part of the Safeguarding the Union measures proposed by the Government to convince the DUP to return to powersharing, purport to reassert and reinforce Northern Ireland’s constitutional status in light of the Supreme Court judgment. He told the court that it was “quite clear” there was “inconsistency” between the different legal provisions. “That inconsistency has to be resolved – there is an arguable case,” he told the judge. However, Dr Tony McGleenan KC, representing the Government, described Mr Bryson’s argument as “hopeless” and “not even arguable”. He said all three limbs of the case had “no prospect of success and serve no utility”. He added: “This is a political argument masquerading as a point of constitutional law and the court should see that for what it is.” After rising to consider the arguments, Justice McAlinden delivered his ruling shortly after 7pm. The judge dismissed the application on the first ground around the lack consultation, noting that such an exercise was not a “mandatory” obligation on Mr Benn. On the second ground, he said there were “very clear” indications that the Secretary of State had paid special regard to the customs territory issues. On the final ground, Justice McAlinden found there was no inconsistency with the recent legislative amendments and the position stated in the Supreme Court judgment. “I don’t think any such inconsistency exists,” he said. He said the amendments were simply a “restatement” of the position as set out by the Supreme Court judgment, and only served to confirm that replacing the Northern Ireland Protocol with the Windsor Framework had not changed the constitutional fact that Article Six of the Acts of Union had been lawfully “modified” by post-Brexit trading arrangements. “It does no more than that,” he said. The framework, and its predecessor the NI Protocol, require checks and customs paperwork on goods moving from Great Britain into Northern Ireland. Under the arrangements, which were designed to ensure no hardening of the Irish land border post-Brexit, Northern Ireland continues to follow many EU trade and customs rules. This has proved highly controversial, with unionists arguing the system threatens Northern Ireland’s place in the United Kingdom. Advocates of the arrangements say they help insulate the region from negative economic consequences of Brexit. A dispute over the so-called Irish Sea border led to the collapse of the Northern Ireland Assembly in 2022, when the DUP withdrew then-first minister Paul Givan from the coalition executive. The impasse lasted two years and ended in January when the Government published its Safeguarding the Union measures. Under the terms of the framework, a Stormont vote must be held on articles five to 10 of the Windsor Framework, which underpin the EU trade laws in force in Northern Ireland, before they expire. The vote must take place before December 17. Based on the numbers in the Assembly, MLAs are expected to back the continuation of the measures for another four years, even though unionists are likely to oppose the move. DUP leader Gavin Robinson has already made clear his party will be voting against continuing the operation of the Windsor Framework. Unlike other votes on contentious issues at Stormont, the motion does not require cross-community support to pass. If it is voted through with a simple majority, the arrangements are extended for four years. In that event, the Government is obliged to hold an independent review of how the framework is working. If it wins cross-community support, which is a majority of unionists and a majority of nationalists, then it is extended for eight years. The chances of it securing such cross-community backing are highly unlikely.None
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