In a ceremony marked by tearful farewells, standing ovations, and cheers, Gilroy welcomed its new city council this week and sent off three of its seven members — a move that represents a remaking of the council, after three of four incumbents were voted out of office. Many residents say the results represent a call for change, and have entrusted that to the newly elected leaders who have promised more scrutiny on spending and a focus on bringing business to Gilroy. “We needed change. Three out of four members of the council are new — the proof is there,” said incoming Mayor Greg Bozzo. “I believe that with the collective personal and professional experiences of this community, we can reach our full potential.” The mayoral race saw incumbent Marie Blankley unseated by . Bozzo, a landscape contractor, leveled criticisms at the current city government, argued for more collaboration between officials and residents, improved customer service at the city, and . While the Garlic Festival is not run by the city of Gilroy, Bozzo maintains that the city can play a role in easing its return. In the city council, retired teacher Kelly Ramirez and businessman Terence Fugazzi joined the fold. Ramirez says she hopes to be a “voice of common sense” focused on solutions, and Fugazzi says he will take a “fiscally conservative lens” to his role, using the budget as a way to prioritize the most essential services for the city. Along with Bozzo, Fugazzi’s election shifts the representation on the council, with a majority in the business sector as he joins Councilmembers Dion Bracco and Tom Cline, both of whom started their own companies. Firefighter and self-described progressive Councilmember Zach Hilton is the only remaining incumbent on the council. “I want to be the changemaker and not someone the people want to change,” he said. Many at this week’s swearing in ceremony and in exchanges online stressed the need for change — including revitalizing the city’s downtown, bringing more business to the city, and reviving the Garlic Festival. Several expressed their hope that Bozzo and the new city council could enact those changes. “The city of Gilroy needed a vitamin B-12 shot of new ideas on how to attract and retain (up and coming) small businesses,” said Gilroy voter Brent Jones in an exchange with this news organization on Nextdoor. “We need a Gilroy 2.0 ... Hoping Greg (Bozzo) is a change agent.” The desire for more vibrant business was expressed by each of the newly elected leaders, who said that bringing in more business was crucial to ensuring the city could afford to take care of its citizens and bolster . While each of the newly elected members admitted that the call for change was a part of the electoral shift, they pointed to several other factors as well, including their on the ground campaigning and negative advertising by outside parties. They all asserted that their position was essentially non-partisan. “There’s a real need for me to try and represent the entire city,” said Fugazzi. Even so, he noted that fiscal responsibility was a crucial part of his approach. “I think there will be a little more scrutiny about where dollars are spent. There’s no doubt that that’s going to be a big issue in the next budget cycle.” Ramirez noted that she would share in the “scrutiny” but was “open to all options” that didn’t cut back services, such as combining or contracting out certain city responsibilities or making new investments where needed. Even Hilton mentioned he would be open to belt-tightening if it didn’t compromise services to the city, though he stressed bringing more money to the city as his preferred option. Regardless of ideological leanings, several expect a more collaborative council moving forward. “I come to this council with hope,” said Ramirez. “I’m very optimistic that this will be a very different council that will be more inclined to work together.”
NEW YORK , Nov. 22, 2024 /PRNewswire/ -- Today the Sexual and Reproductive Justice Hub (SRJ Hub) at the CUNY Graduate School of Public Health and Health Policy (CUNY SPH) launched the newest iteration of the civil society-led Global 16 Days of Activism to End Gender-based Violence campaign. For more than 30 years, feminist activists and movements around the world have used the 16 days between the International Day for the Elimination of Violence Against Women ( November 25 ) and Human Rights Day ( December 10 ) to advocate for an end to gender-based violence. With the help of the SRJ Hub, the campaign now will transition into a year-round initiative, reflecting the 365-days-a-year efforts of feminist activists to shift norms, secure accountability, and transform power structures that oppress women, girls, and gender-diverse people. The 2024 campaign responds to requests from grassroots organizers who asked for more flexible and diverse campaign messages, illustrations, and resources. Their perspectives are complemented by insights from the campaign's Advisory Council composed of scholars and organizers with deep experience in gender, economic, racial, reproductive, and environmental justice. Bodily autonomy, the 2024 campaign theme, makes visible the ways different causes and manifestations of gender-based violence are linked. By avoiding a uniform, standardized approach, the campaign will enable local partners to adapt materials according to their unique needs, prioritizing authenticity and safety in local activism. "Women's and feminist gender justice organizations and movements have always been at the forefront of the push for bodily autonomy, and now more than ever we need to support the efforts of grassroots organizers who know what works in their contexts," said CUNY SPH Senior Associate Dean for Academic and Student Affairs Terry McGovern . "The campaign materials will allow organizers to mix and match sample images and messages or use their own." The SRJ Hub continues to encourage funders to support the requests of grassroots organizers for multi-year, trust-based core funding that advances their efforts to promote bodily autonomy and end gender-based violence. This includes support for local events and strategic resources or organizers in restrictive environments. Addressing Urgent Global Trends A confluence of global trends threaten previously enshrined protections and push equality farther out of reach for far too many women, girls, and gender-diverse people across the globe. These include femicide and restrictions on abortion access; exclusion and marginalization of LGBTQI+ people; growing gender inequality as debt crises, austerity measures, and corruption crowd out social expenditures; conflict and occupation enabled by disregard for international law; increasingly frequent and devastating climate crises; and failure to fully engage with patriarchal practices driving the popularity of anti-gender movements. Bodily Autonomy Theme Connects Movements At a time when equality remains out of reach for far too many women, girls, and gender-diverse people across the globe and many previously enshrined protections are being rolled back, the 2024 campaign theme will amplify the efforts of feminist grassroots groups to resist and counter the impacts of gender-based violence by framing bodily autonomy as a fundamental human right. The campaign defines bodily autonomy as the freedom to express every thought, feeling, need, and desire through our bodies, each uniquely shaping who we are . "Too often campaigns focus on suffering and victimization," said SRJ Hub consultant Oriana López Uribe, who led the campaign strategy design process. "We want people to imagine what life could be like if everyone had the power and right to make choices about our physical selves, and to feel empathy and solidarity with others who want the same thing." This approach is reflected in the campaign's principles, which emphasize positivity, bravery, and collective care for all: Grassroots organizers who reviewed and contributed to the sample messages told us, "I like the different levels of messaging, the intentional counter-messaging for some of the more dominant narratives, and some really simple questions that can lead to rich conversations. Many messages were a refreshing change from NGO comms which I appreciate," and "I appreciate the nuances in the design of the framework and in the messaging. It has been a long time since I encountered those layers in a global campaign. And I love that the messaging is evoking emotions and not dictating policy solutions. I think this is a tactic that progressive movements have abandoned and that anti-rights groups are good at." The campaign is on Instagram, 'X' and TikTok as @365toEndGBV and c ampaign materials are available for download after submitting individual or collective information in this form . The campaign materials include sample templates, illustrations, and messages in Arabic, English, French, Spanish, Portuguese, and Russian, as well as tips for designing campaigns and activities, and examples from other campaigns. The SRJ Hub plans to update and expand materials throughout the year based on user feedback. Media contact: Clarisa Bencomo Clarisa.Bencomo@sph.cuny.edu 917-702-0998 About the Sexual and Reproductive Justice Hub In 2024, the City University of New York Graduate School of Public Health and Health Policy (CUNY SPH) began hosting the Global 16 Days Against Gender-Based Violence campaign following the closure of its founding host, the Center for Women's Global Leadership at Rutgers University . The campaign is housed at the Sexual & Reproductive Justice Hub (SRJ Hub) at CUNY SPH, which coordinates solutions-oriented scholarship, training, and advocacy, centering the lived experiences of women of color and funding their and other marginalized people's work. Our work is informed by our experience as part of the United States' largest, oldest, and most diverse urban public university system, with faculty, staff, and students connected to communities and populations around the world. Origin of the Global 16 Days Campaign The Global Campaign was launched in 1991 at the first Women's Global Leadership Institute held by the Center for Global Women's Leadership (CGWL), with the goal of raising awareness of GBV as a human rights violation. From the beginning, the Campaign brought together a diverse group of activists and researchers working at all levels from grassroots to international, and united in their belief that ending GBV requires local and global work to change the norms and systems that drive GBV in all its manifestations. Under CGWL's stewardship the Global Campaign gained traction in more than 187 countries, with participation from over 6,000 organizations and a reach of over 300 million. It played a pivotal role in gaining recognition of GBV as a human rights violation in the 1993 Vienna Declaration and Program of Action and the 1995 Beijing Declaration and Platform for Action . Early campaign themes addressed health impacts of GBV, cultural drivers, racism, sexism, and militarism, among others. More recent campaign themes have included femicide (2021-2022), violence against women working in the informal economy (2020), and violence and harassment in the world of work (2018 – 2019). The latter included advocacy in support of the adoption of the historic International Labor Organization (ILO) Convention 190 , concerning the elimination of violence and harassment in the world of work (2019). In August 2022 , CGWL sadly closed its doors after 31 years of collaborative and transformative global work. The 16 Days Campaign is now housed at CUNY SPH, ensuring that the important work of CGWL will continue going forward. About CUNY SPH The CUNY Graduate School of Public Health and Health Policy (CUNY SPH) is committed to promoting and sustaining healthier populations in New York City and around the world through excellence in education, research, and service in public health and by advocating for sound policy and practice to advance social justice and improve health outcomes for all. View original content to download multimedia: https://www.prnewswire.com/news-releases/16to365-new-resources-for-year-round-activism-to-end-gender-based-violence-and-strengthen-bodily-autonomy-for-all-302314570.html SOURCE CUNY SPHSACRAMENTO, Calif. (AP) — California, home to some of the largest technology companies in the world, would be the first U.S. state to require mental health warning labels on social media sites if lawmakers pass a bill introduced Monday. The legislation sponsored by state Attorney General Rob Bonta is necessary to bolster safety for children online, supporters say, but industry officials vow to fight the measure and others like it under the First Amendment. Warning labels for social media gained swift bipartisan support from dozens of attorneys general, including Bonta, after U.S. Surgeon General Vivek Murthy called on Congress to establish the requirements earlier this year, saying social media is a contributing factor in the mental health crisis among young people. “These companies know the harmful impact their products can have on our children, and they refuse to take meaningful steps to make them safer,” Bonta said at a news conference Monday. “Time is up. It’s time we stepped in and demanded change.” State officials haven't provided details on the bill, but Bonta said the warning labels could pop up once weekly. Up to 95% of youth ages 13 to 17 say they use a social media platform, and more than a third say that they use social media “almost constantly,” according to 2022 data from the Pew Research Center. Parents’ concerns prompted Australia to pass the world’s first law banning social media for children under 16 in November. “The promise of social media, although real, has turned into a situation where they’re turning our children’s attention into a commodity,” Assemblymember Rebecca Bauer-Kahan, who authored the California bill, said Monday. “The attention economy is using our children and their well-being to make money for these California companies.” Lawmakers instead should focus on online safety education and mental health resources, not warning label bills that are “constitutionally unsound,” said Todd O’Boyle, a vice president of the tech industry policy group Chamber of Progress. “We strongly suspect that the courts will set them aside as compelled speech,” O’Boyle told The Associated Press. Victoria Hinks' 16-year-old daughter, Alexandra, died by suicide four months ago after being “led down dark rabbit holes” on social media that glamorized eating disorders and self-harm. Hinks said the labels would help protect children from companies that turn a blind eye to the harm caused to children’s mental health when they become addicted to social media platforms. “There's not a bone in my body that doubts social media played a role in leading her to that final, irreversible decision,” Hinks said. “This could be your story." Common Sense Media, a sponsor of the bill, said it plans to lobby for similar proposals in other states. California in the past decade has positioned itself as a leader in regulating and fighting the tech industry to bolster online safety for children. The state was the first in 2022 to bar online platforms from using users’ personal information in ways that could harm children. It was one of the states that sued Meta in 2023 and TikTok in October for deliberately designing addictive features that keep kids hooked on their platforms. Gov. Gavin Newsom, a Democrat, also signed several bills in September to help curb the effects of social media on children, including one to prohibit social media platforms from knowingly providing addictive feeds to children without parental consent and one to limit or ban students from using smartphones on school campus. Federal lawmakers have held hearings on child online safety and legislation is in the works to force companies to take reasonable steps to prevent harm. The legislation has the support of X owner Elon Musk and the President-elect’s son, Donald Trump Jr . Still, the last federal law aimed at protecting children online was enacted in 1998, six years before Facebook’s founding.Global Youth Philanthropy Youth Representatives Showcase Climate Action at COP29
ASP Isotopes Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. February 3, 2025 Deadline to file Lead Plaintiff Motion.
Winners of 3 straight, UTEP takes aim at short-handed LouisvilleMINNEAPOLIS--(BUSINESS WIRE)--Dec 10, 2024-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.50 per common share, payable January 15, 2025, to stockholders of record at the close of business on December 31, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share. The Board of Directors also declared the following: About U.S. Bancorp U.S. Bancorp, with more than 70,000 employees and $686 billion in assets as of September 30, 2024, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about . View source version on businesswire.com : https://www.businesswire.com/news/home/20241210470741/en/ CONTACT: Investor contact: George Andersen, Director of Investor Relations, U.S. Bancorp Investor Relations george.andersen@usbank.comMedia contact: Jeff Shelman, U.S. Bancorp Public Affairs and Communications jeffrey.shelman@usbank.com KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES PAYMENTS TECHNOLOGY FINANCE BANKING PERSONAL FINANCE ACCOUNTING SOURCE: U.S. Bancorp Copyright Business Wire 2024. PUB: 12/10/2024 04:57 PM/DISC: 12/10/2024 04:58 PM http://www.businesswire.com/news/home/20241210470741/en
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Another year is coming to a close. As we say goodbye to 2024, let us take a moment to remember the tech that won't be continuing on with us into 2025. As it goes with the passing of time, tech products that were once shiny and new have been rendered obsolete. Others lived short lives at the expense of companies pivoting to different, more lucrative goals. On that note, the generative AI boom shows no signs of slowing down.This year's AI offerings highlighted the challenges of finding killer use cases that deliver genuine, transformative technology that, at best, provide minor productivity gains and, at worst, create frustrating inaccuracies. Some AI tech gadgets like the Humane AI pin and the Rabbit R1 simply fell flat , unable to provide the bare minimum of reliable features, let alone something revolutionary. However, you won't see them on this list because they're technically still alive, albeit on life support. Instead we've rounded up the most noteworthy tech deaths that have officially departed this world. Join us as we look back and reflect on their impact, whether it was significant, trivial, or downright baffling (looking at you, Meta). Google Jamboard and Google Podcasts It wouldn't be a tech death roundup without some entries from Google. The tech giant is notorious for ambitiously launching new products, only to ruthlessly cut them down a few years later. This year, Google Jamboard and Google Podcasts were on the chopping block. Google Jamboard was a whiteboard device and accompanying app for Google Workspace users to collaborate on projects in an interactive, scrapbook-esque way. Back in 2016, Mashable said it "makes collaborative work feel like playtime." But in September 2023, Google announced it would be winding down Jamboard by the end of 2024. Instead, Google said it would integrate Google Workspace with third-party partners FigJam by Figma , Lucidspark by Lucid Software , and the visual workspace Miro for its collaborative whiteboard tools. Say goodbye to Google Jamboard. It's not proper to speak ill of the dead, but discontinuing Google Podcasts kind of makes sense. Google announced it would be sunsetting the standalone podcast-hosting app this year and migrate its listeners over to YouTube Music. It's a logical choice given consumers' listening habits. "According to Edison, about 23 percent of weekly podcast users in the US say YouTube is their most frequently used service, versus just 4 percent for Google Podcasts," said the Google announcement. Plus, forcing users to listen to podcasts on YouTube Music means more eyeballs for ad revenue and subscriptions to the premium version, which costs $11 a month. And that's not even all the stuff Google killed this year. In 2024, we also said goodbye to Chromecast, VPN by Google One, DropCam, and Keen. If you want to pay your respects, we recommend visiting the Google Graveyard . Meta AI celebrity avatars Another year, another installment of Meta missing the mark with technology that no one asked for . This time it was a confusing collection of AI personas that used the likenesses of celebrities, that weren't even AI versions of those celebrities. Instead we got Kendall Jenner as an AI bestie, Tom Brady as a fitness guru, and bafflingly, Snoop Dogg as a Dungeon Master for Dungeons and Dragons. Meta's confusing AI personas were not long for this world. Despite reportedly paying millions of dollars per celebrity to license their likenesses, the investment did not pay off. After launching at Meta Connect in September 2023, Meta scrapped the AI personas in August 2024. The company didn't provide any reasoning for its decision to discontinue the feature, but the AI personas never gained much traction based on their follower count. So you're no longer able to chat with a bot that has Kendall Jenner as its profile picture and a vaguely similar influencer girly vibe. But don't worry, we still have Meta AI's celebrity voices, so at least these AI voices are clones of who they claim to be? As ever, we remain confused with Meta's strategic vision. Meta Quest 2 and Quest Pro Old versions replaced by new and improved ones are part of the tech gadget lifecycle. But saying goodbye to the Meta Quest 2 and Meta Quest Pro VR headsets was a tough loss. In its place, Meta introduced us to the Quest 3S, which combines Quest 2 and Quest Pro specs like full-color passthrough and XR capabilities, thereby making the older devices more or less obsolete. In a stirring eulogy, Mashable Tech Reporter Alex Perry wrote: The Meta Quest 2 was one of the best early VR headsets. Alas, such is the cycle of life. But the Quest 2 and Quest Pro will be remembered for bringing VR headsets to the masses, which is more than can be said for the Apple Vision Pro . Kindle Oasis As far as e-readers go, the Kindle Oasis had a good long life. Amazon launched the Kindle Oasis in 2016 with a thicker edge on one side that housed physical buttons to turn the pages. The design gave users a convenient way to hold the e-reader without obscuring or accidentally tapping the screen, and the buttons provided a pleasing tactility. But by this year, it was the only device in the Kindle lineup that had physical buttons, which seems to signal imminent death for tech gadgets. "Once current inventory of Kindle Oasis sells out online and in stores, we will not restock the device," Amazon confirmed to The Verge this October. "Today, all of our devices are touch-forward, which is what our customers are comfortable with." Kindle Oasis fans will miss the buttons. Kindle Oasis users took to Reddit to express their grief. "Bought my Oasis when it was released solely for the page turn buttons and can't imagine living without them," said one Redditor. "I'm just not buying another Kindle without page turn buttons. It's a deal breaker for me," said another . But for Amazon. it's RIP buttons. Long live touch screens. Jabra Elite earbuds This was the year Jabra succumbed to the highly competitive earbud market. This past June, Jabra's parent company GN announced that it would be "winding down its Elite and Talk product lines." Jabra's lineup of Elite wireless earbuds regularly made "best of" lists for sound quality, usability, and features like noise cancellation. They were also more budget-friendly compared to premium earbuds from brands like Apple and Bose. Jabra can no longer compete in the cutthroat earbud market. Jabra was one of the first companies to start making wireless earbuds. But as CEO of GN Store Nord Peter Karlstromer said, "the markets... have changed over time." Simply put, competing in a saturated market has become too costly. However, Jabra isn't going away for good. Instead it will focus on OTC hearing aids, gaming, and office communication products lines; markets where Jabra has stronger positions. But it's the end of the line for Jabra's consumer-focused audio tech. Apple Pay Later Apple Pay Later didn't last long in this world. The BNPL (Buy Now Pay Later) tool launched in October 2023, but was shut down less than a year later. Apple confirmed to 9to5Mac saying "we will no longer offer Apple Pay Later in the U.S." Instead of Apple Pay Later, the tech giant will offer installment loans through third parties. Apple Pay Later was only available in the U.S., which suggests it never gained much traction. But it's likely that the company found it more practical to offer installment loans through third-party services rather than managing microloans directly — exactly the approach Apple has recently adopted. Instead of the self-funded Pay Later model, Apple now offers the ability to apply for "installment loans" through participating banks and lenders like Affirm and Klarna. So Apply Pay Later is dead, but its replacement is more or less the same for users.
NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly three in seven of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. “Investors should enjoy this rally while it lasts—there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 0.5% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, including a 12.4% jump for electric-vehicle company Nio and a 7.4% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol ’s brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly three in seven of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. “Investors should enjoy this rally while it lasts—there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 0.5% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, including a 12.4% jump for electric-vehicle company Nio and a 7.4% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol ’s brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Daiwa Securities Group Inc. decreased its stake in shares of GFL Environmental Inc. ( NYSE:GFL – Free Report ) by 40.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,305 shares of the company’s stock after selling 19,781 shares during the quarter. Daiwa Securities Group Inc.’s holdings in GFL Environmental were worth $1,169,000 as of its most recent filing with the Securities & Exchange Commission. Several other large investors also recently modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its position in shares of GFL Environmental by 2.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 11,817,626 shares of the company’s stock worth $471,287,000 after buying an additional 257,486 shares during the period. Fred Alger Management LLC grew its position in shares of GFL Environmental by 7.1% during the 2nd quarter. Fred Alger Management LLC now owns 6,221,767 shares of the company’s stock worth $242,213,000 after buying an additional 411,128 shares during the period. Millennium Management LLC grew its position in shares of GFL Environmental by 40.0% during the 2nd quarter. Millennium Management LLC now owns 5,649,169 shares of the company’s stock worth $219,922,000 after buying an additional 1,614,182 shares during the period. Maverick Capital Ltd. lifted its holdings in shares of GFL Environmental by 22.1% in the 2nd quarter. Maverick Capital Ltd. now owns 3,285,656 shares of the company’s stock worth $127,911,000 after purchasing an additional 595,259 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of GFL Environmental by 26.1% in the 2nd quarter. Marshall Wace LLP now owns 2,476,752 shares of the company’s stock worth $96,420,000 after purchasing an additional 512,735 shares in the last quarter. Institutional investors and hedge funds own 64.70% of the company’s stock. Analyst Ratings Changes GFL has been the topic of a number of recent research reports. Scotiabank increased their target price on GFL Environmental from $50.00 to $51.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. UBS Group increased their target price on GFL Environmental from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Raymond James increased their target price on GFL Environmental from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Royal Bank of Canada increased their target price on GFL Environmental from $46.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, Truist Financial increased their target price on GFL Environmental from $46.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, GFL Environmental has an average rating of “Moderate Buy” and a consensus price target of $45.80. GFL Environmental Trading Up 1.8 % Shares of GFL Environmental stock opened at $47.08 on Friday. GFL Environmental Inc. has a 1 year low of $27.64 and a 1 year high of $47.16. The firm has a market cap of $18.52 billion, a PE ratio of -35.40 and a beta of 1.15. The stock has a fifty day moving average price of $42.34 and a 200-day moving average price of $39.69. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.58 and a quick ratio of 0.58. GFL Environmental ( NYSE:GFL – Get Free Report ) last announced its earnings results on Wednesday, November 6th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. GFL Environmental had a positive return on equity of 3.50% and a negative net margin of 7.54%. The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.49 billion. Equities research analysts anticipate that GFL Environmental Inc. will post 0.59 EPS for the current year. GFL Environmental Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were given a dividend of $0.014 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Wednesday, October 16th. GFL Environmental’s dividend payout ratio is presently -4.51%. About GFL Environmental ( Free Report ) GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers. See Also Want to see what other hedge funds are holding GFL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GFL Environmental Inc. ( NYSE:GFL – Free Report ). Receive News & Ratings for GFL Environmental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GFL Environmental and related companies with MarketBeat.com's FREE daily email newsletter .