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SAN DIEGO , Dec. 15, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024 , all dates inclusive (the "Class Period"), have until Monday, January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V. , No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charges ASML as well as certain of ASML's top current and former executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the ASML class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-asml-holding-n-v-class-action-lawsuit-asml.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : ASML develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. The ASML class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (ii) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; and (iii) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells. The ASML class action lawsuit further alleges that on October 15, 2024 , ASML announced that it: (i) recorded quarterly booking of only €2.63 billion – a 53% decline from €5.6 billion in the second quarter of 2024; (ii) expected full year 2025 net sales to be between €30 billion and €35 billion, in the lower half of ASML's initial range of between €30 billion and €40 billion; and (iii) materially reduced its gross margin target to between 51% and 53%, down from its prior guidance of between 54% and 56%. On this news, the price of ASML stock fell more than 16%, according to the complaint. Then, on October 16, 2024 , during the accompanying earnings call, the ASML class action lawsuit alleges that ASML's CFO, defendant Roger Dassen , attributed the poor bookings results to "a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment." Additionally, ASML's CEO, defendant Christophe Fouquet , admitted that the semiconductor industry "recovery will extend well into 2025," leading to "a reduced growth curve in 2025 and an . . . overall reduction of our lithography demand," according to the complaint. The ASML class action lawsuit alleges that on this news, the price of ASML stock fell more than 6%. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired ASML ordinary shares during the Class Period to seek appointment as lead plaintiff in the ASML class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the ASML class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the ASML class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the ASML class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities- fraud .html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com View original content to download multimedia: https://www.prnewswire.com/news-releases/asml-investor-alert-asml-holding-nv-investors-with-substantial-losses-have-opportunity-to-lead-shareholder-class-action-lawsuit-302331615.html SOURCE Robbins Geller Rudman & Dowd LLP

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Prospera Financial Services Inc Increases Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Global equity funds attracted inflows for an 11th successive week through Dec. 11, supported by signs that a cooling U.S. labor market and stable consumer prices might facilitate a third consecutive rate cut by the Federal Reserve this month. Investors snapped up global equity funds worth a net $10.18 billion during the week, following about $21.19 billion worth of net purchases in the prior week, LSEG Lipper data showed. Last week’s U.S. employment report showed a surge in job growth for November, rebounding from disruptions caused by hurricanes and strikes, but the unemployment rate increased to 4.2%, signaling a loosening labor market that could prompt the Federal Reserve to cut interest rates again this month. U.S. equity funds continued to attract investors for a sixth consecutive week, receiving net inflows of $6.36 billion. European funds gained $3.24 billion, but Asian funds experienced a net outflow of $278 million. Sectoral funds faced their first weekly outflow in five weeks, totaling a net $1.94 billion. Notably, healthcare, technology and consumer discretionary sectors saw outflows of $1.08 billion, $654 million and $616 million, respectively. Global bond funds marked their 51st consecutive week of net investments, attracting $10.19 billion. Corporate bond funds led with a robust $3.21 billion – the highest weekly inflow since September 18 – while loan participation funds recorded their 12th consecutive weekly inflow, totaling $1.32 billion. Last week, investors liquidated $16.29 billion from money market funds, following substantial purchases of $169.16 billion the previous week. In commodities, the energy segment experienced a net outflow of $256 million, marking its third weekly loss in four weeks, while gold and precious metal funds saw net inflows of $190 million. Data covering 29,593 emerging market funds showed that investors withdrew $2.35 billion from equity funds for the fifth consecutive week, while bond funds saw $721 million in net sales. Source: Reuters (Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Andrew Heavens)

ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament as well as the 2030 World Cup, which will be co-hosted by Spain, Portugal and Morocco, with three games in South America. Here are some of the key issues that need to be answered over the next decade: Where will games be played? Saudi Arabia proposes 15 stadiums — eight still on paper — in five cities: Eight in the capital Riyadh, four in the Red Sea port city Jeddah, and one each in Abha, Al Khobar and Neom, the planned futuristic mega-project. Each would have at least 40,000 seats for World Cup games. The opening game and final are set for a 92,000-seat venue planned in Riyadh. Some designs are . In Neom, the stadium is planned 350 meters (yards) above street level and is designed to be atop a 200-meter cliff with a retractable wall of LED screens. Saudi Arabia aims to host all 104 games, though there has been speculation that some games could be played in neighboring or nearby countries. When will the World Cup be played? Surely not in the traditional World Cup period of June-July, when temperatures in Saudi Arabia routinely exceed 40 Celsius (104 degrees). FIFA moved the Qatar-hosted World Cup to November-December 2022, though those dates were not loved by most European clubs and leagues whose seasons were interrupted. Also, that slot is complicated in 2034 by the holy month of Ramadan through mid-December and Riyadh hosting the multi-sport Asian Games. January 2034 could be a possibility even though that would be just before the Winter Olympics in Salt Lake City. The it won’t be opposed to back-to-back major events. In an interview with The Associated Press on Wednesday, Saudi World Cup bid official Hammad Albalawi said the precise dates of the tournament are up the world soccer body. “That’s a decision by FIFA. We stand ready to be part of this conversation. But ultimately it’s a FIFA decision together with the confederations,” Albalawi said. Will stadiums be segregated for men and women? Giving more rights and freedoms to women in a traditionally conservative society is fundamental to Saudi messaging around the modernization program known as Vision 2030. The kingdom to let women attend sports events, initially in major cities and separate from men-only sections. By 2034, at the promised pace of social reforms, female fans should not be restricted. Saudi Arabia launched a women’s professional soccer league in 2022 with players joining from clubs in Europe. They face no restrictions playing in shorts and with hair uncovered. Will alcohol be allowed at the venues or hotels? The Saudi prohibition of alcohol is clear and understood before FIFA signs any sponsor deals for 2034. But will there be any exceptions? The alcohol issue was problematic for the World Cup in Qatar because the expectation was created that beer sales would be allowed at stadiums even before Qatar won its bid in 2010. One year later, FIFA extended a long-time deal to have Budweiser as the official World Cup beer through 2022. Qatar then backtracked on that promise three days before the first game, causing confusion and the sense of a promise broken. In Qatar, alcohol was served only at luxury suites at the stadiums. Visitors could also have a drink in some hotel bars. But Saudi Arabia has even stricter rules on alcohol — and there is no indication that will change. Albalawi noted that Saudi Arabia has successfully hosted dozens of sports events where alcohol wasn’t served. “We’re creating a safe and secure family environment for fans to bring their families into our stadiums,” he said. How will workers rights be protected? Saudi promises to reform and enforce labor laws, and fully respect migrant workers, have been accepted by FIFA but face and trade unions. A by the U.N.-backed International Labor Organization. Protecting the migrant workers needed to build stadiums and other tournament projects — a decade after it was a defining issue for Qatar — looms as a signature challenge for Saudi Arabia. Would Israel be allowed to play if it qualified for the 2034 World Cup? had been improving when FIFA all but gave the 2034 World Cup to the kingdom on Oct. 4 last year. Three days later Hamas attacked Israel and diplomacy got more complicated. Any soccer federation bidding to host a FIFA tournament accepts a basic principle that whichever team qualifies is welcome. That did not stop Indonesia putting up barriers last year to Israel coming for the men’s Under-20 World Cup. Indonesia does not have formal diplomatic relations with Israel which had qualified through a European tournament nine months before FIFA moved the entire tournament to Argentina and the Israeli team reached the semifinals. Israel played at the 1970 World Cup but has never advanced through qualifying in Europe, where it has been a member of UEFA for 30 years. Europe should have 16 places in the 48-team World Cup in Saudi Arabia. Where will the final of the 2030 World Cup be played? Most of the attention at the FIFA Congress on Wednesday was on the Saudi decision, but the soccer body and its members also formally approved the hosts of the 2030 World Cup — the most spread out and longest ever. One game each in Argentina, Paraguay and Uruguay, the original host in 1930, will be played from June 8-9. The tournament resumes four days later for the other 101 games shared between Spain, Portugal and Morocco. Six countries, three continents, multiple languages and currencies. Fans traveling on planes, trains, automobiles and boats across about 14 kilometers (10 miles) of water between Spain and Morocco. The final is due on July 21, 2030 and a decision on where it will be played could cause some tension between the host countries. Morocco wants it in the world’s biggest soccer venue — the planned 115,000-seat King Hassan II Stadium in Casablanca. Spain, meanwhile, has proposed to host the final in either of the remodeled home stadiums of club giants Real Madrid or Barcelona. ___ Associated Press writer Baraa Anwer in Riyadh, Saudi Arabia, contributed to this report.

NEW YORK , Dec. 15, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global sports tourism market size is estimated to grow by USD 771.4 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 15.2% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview 1.1 Domestic sports tourism 1.2 International sports tourism 2.1 Soccer tourism 2.2 Cricket tourism 2.3 Tennis tourism 2.4 Others 3.1 Passive sports tourism 3.2 Active sports tourism 4.1 Europe 4.2 APAC 4.3 North America 4.4 South America 4.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Domestic sports tourism is a significant segment in the global sports tourism market, with a large number of tourists traveling within their countries to attend various sports events. This includes both participation and spectating, as well as expenditures on hospitality and merchandise related to the sports event. The popularity of domestic sports tourism is due to several factors, such as the ease of transportation within regions, the use of a uniform regional currency, and the familiar cultural and regional backgrounds. Many domestic sports leagues are held across the world, and governments and sports teams are facilitating fan travel between venues, as seen in Qatar with free shuttle buses, the Doha Metro, taxis, and cab services, and dedicated lanes for fans. The growth of domestic sports tourism is also driven by the strong growth in developing economies, offering economic opportunities and regional benefits. The global domestic sports tourism market is expected to experience a steady YoY growth rate during the forecast period due to the familiarity it provides with a country's tourism policies, government rules, and adventure sports risks. Analyst Review The sports tourism market is a dynamic and growing sector that brings together the excitement of sports and the allure of travel. Motorsport, cricket, tennis, and soccer are just a few of the popular sports that attract fans and travelers from around the world. Major events like the FIFA World Cup and UEFA Champions League draw massive crowds, while Formula 1, NASCAR, marathons, and triathlons offer unique experiences for participants and spectators alike. The sports industries have recognized the potential of this market and have initiated strategic partnerships to host events in premier travel destinations. The destination appeal and visitor experiences are crucial for sustained growth in sports tourism. Leisure travelers and fans seek authentic and memorable experiences, making sports events an integral part of their travel plans. The Olympics, basketball, baseball, hockey, and soccer are other sports that contribute significantly to this thriving market. Market Overview The sports tourism market encompasses various segments, including Motorsport, Cricket, Tennis, FIFA World Cup, UEFA Champions League, Formula 1, NASCAR, Marathons, Triathlons, Adventure races, and more. Travel agencies, tour operators, hospitality chains, event management companies, and Olympics are key players in this industry. Partnership initiatives between these entities and sports industries have led to the hosting of world-class sports events, making destinations premier travel attractions. Sports tourists seek adrenaline-fueled, experiences, driving sustained growth in the market. However, challenges include seasonal fluctuations, infrastructure limitations, and financial challenges for event organizers. The market caters to fans and travelers alike, offering leisure travel and live entertainment. Historical data shows a significant increase in visitor numbers, with top-tier athletes and host cities generating regional tourism revenues and economic growth. Sustainable practices, eco-friendly initiatives, and environmental awareness are becoming increasingly important to ensure long-term profitability and overall sustainability. Despite these challenges, the sports tourism market continues to be a captivating frontier, with safari tourism and travel & outdoor activities adding to its allure. Event organizers must address infrastructure limitations and carbon footprints while maintaining visitor experiences and overall sustainability. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio

‘Library cuts will have a disproportionate affect on students and job seekers’

Tafara Gapare scored a season-high 19 points off the bench and Derik Queen added 15 points and eight rebounds, lifting Maryland to a 91-67 victory over Bucknell on Wednesday in College Park, Md. Gapare made 7 of 9 shots from the floor -- including 3 of 4 from 3-point range. He highlighted his performance by unleashing a personal 10-point run in the second half to help send the Terrapins (6-1) to their third straight win. Gapare, who made one 3-pointer prior to Wednesday's game, was limited to just three minutes and was held without a point in Maryland's 76-75 victory versus Villanova on Sunday. Julian Reese scored 14 points for the Terrapins, who shot a robust 50.0 percent from the floor and scored 22 points off 20 turnovers. Selton Miguel drained three 3-pointers to score all 13 of his points in the first half. That effort came three days after being held without a point versus Villanova. Bucknell's Ruot Bijiek sank four 3-pointers to highlight his 20-point performance. Josh Bascoe scored 10 points and Brandon McCreesh added nine off the bench for the Bison (4-4), who lost two in a row for the second time this season. Maryland answered Bijiek's layup by scoring 12 straight points to take a 15-2 lead. Miguel keyed the spurt by draining two 3-pointers and a jumper. Bucknell tried to keep pace and trailed 25-12 after McCreesh's layup, but the Terrapins kept their foot on the gas to steadily build a 25-point lead late in the first half. The Bison made a modest charge to begin the second half, trimming the deficit to 16 at 58-42 on Bijiek's fourth 3-pointer of the game. Gapare singlehandedly halted the momentum by sandwiching 3-pointers around a layup and an emphatic dunk over the next five possessions. Reese sank a pair of free throws to cap the 12-0 run, extending Maryland's lead to 70-42 with 11:39 to play. The Terrapins were not threatened the rest of the way. --Field Level MediaStock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

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Defense fund established by supporters of suspected CEO killer Luigi Mangione tops $100,000

Maha Kumbh 2025: Govt Gears Up To Host 100 Crore Devotees, Says CM Yogi AdityanathIn a booster to Make in India, Dixon to form JV with Vivo India for manufacturing smartphonesJaland Lowe flirted with a triple-double as Pitt improved to 6-0 with a 74-63 win over LSU on Friday afternoon at the Greenbrier Tip-Off in White Sulphur Springs, W.Va. Lowe finished with a game-high 22 points to go along with eight rebounds and six assists for the Panthers, who have won their first six games of a season for the first time since the 2018-19 campaign. It would have been the second straight triple-double for Lowe, who had 11 points, 10 rebounds and 10 assists against VMI Monday. Ishmael Leggett chipped in 21 points and Cameron Corhen supplied 14, helping Pitt outshoot the Tigers (4-1) 44.4 percent to 37.3 percent overall. Vyctorius Miller and Jalen Reed recorded 14 points apiece for LSU, with Reed also snatching seven boards. Cam Carter contributed 11 points. Pitt took control in the first four-plus minutes of the second half, opening the period on a 13-0 run to build a 40-28 lead. The Tigers were held scoreless following the break until Carter converted a layup with 13:13 to go. It was still a 12-point game after Zack Austin hit a pair of free throws with 12:50 remaining, but LSU then rallied. Corey Chest, Reed and Jordan Sears each had a bucket down low for the Tigers during an 8-1 spurt that made it 43-38. However, Lowe stemmed the tide, answering with back-to-back 3-pointers to put the Panthers up 49-38 with 9:31 left. Miller did everything he could to keep LSU in contention, scoring eight points in a span of 1 minute, 23 seconds, with his four-point play getting the Tigers within 56-52 with 6:03 to play. But Pitt never let LSU get the upper hand, and it led by at least six for the final 5:05 of the contest. The Tigers had a 28-27 edge at intermission after ending the first half on an 8-2 run. LSU overcame a quick start by the Panthers, who raced out to a 12-6 advantage and led by as many as eight in the first 20 minutes of action. --Field Level Media

Pay first, deliver later: Some women are being asked to prepay for their baby

Vallourec S.A. ( OTCMKTS:VLOWY – Get Free Report ) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,800 shares, a growth of 55.6% from the November 30th total of 1,800 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 0.8 days. Vallourec Price Performance OTCMKTS VLOWY opened at $3.50 on Friday. The company has a 50 day moving average price of $3.39 and a two-hundred day moving average price of $3.25. Vallourec has a 12-month low of $2.80 and a 12-month high of $4.15. The stock has a market capitalization of $4.03 billion, a PE ratio of 9.99 and a beta of 1.64. The company has a quick ratio of 1.00, a current ratio of 1.73 and a debt-to-equity ratio of 0.32. Vallourec Company Profile ( Get Free Report ) Featured Articles Receive News & Ratings for Vallourec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vallourec and related companies with MarketBeat.com's FREE daily email newsletter .