Archive

September 17, 2024

Browsing

Dominique Pelicot, the Frenchman accused of drugging his wife and recruiting dozens of strangers to rape her over a decade, on Tuesday admitted to the various criminal charges he faces in a closely-watched trial, French media reported.

Pelicot had been due to testify last week in the case that has shocked France, but his appearance was delayed due to health issues. He appeared in court with a cane.

“I admit to the charges in their entirety,” Pelicot, 71, was cited as saying by BFM TV, whose reporter was present in the courthouse, adding: “I am a rapist just like all the others in this room.”

Prosecutors have said Pelicot offered sex with his wife on a website and filmed the abuse. In addition to Pelicot, 50 other men accused of taking part are on trial, which is taking place in the southern city of Avignon. The other men so far have not commented on their charges.

Pelicot’s former wife, Gisele Pelicot, now aged 72, insisted on a public trial to expose him and the other men accused of raping her.

“I ask my wife, my children, my grandchildren to accept my apologies. I regret what I did. I ask for your forgiveness, even if it is not forgivable,” he said, according to BFM TV.

Pelicot faces charges including rape, gang rape and various privacy breaches by recording and disseminating sexual images.

Pelicot’s bad health required the judges to push back his hearing several times last week. His lawyer previously said he wanted to use the hearing to make an apology to his family.

He told the courtroom he had had a difficult upbringing and had been a victim of rape himself. At times he cried, according to French media.

Gisele Pelicot, 72, was in the courtroom during his appearance on the stand and also spoke, according to French media, saying: “It is difficult to hear from the mouth of Mr. Pelicot what he has just said.”

To many, Gisele Pelicot has become a symbol of the struggle against sexual violence in France. On Saturday hundreds of people, mostly women, gathered in cities across the country to demonstrate support for her.

This post appeared first on cnn.com

DEFTF Stock Price and Forecast – What Should You Know

Have you ever considered investing in the famous DEFTF Stock lately but need to know whether it’s a good investment option? Is it best to consider stocks like this for the following months and years?

First, let’s get additional information regarding the company you’re considering investing in. Let’s get more statistics and predictions from our certified experts to help you decide whether DEFTF stock should be your next hot pick! 

DeFi Technologies Inc Company

DeFi Technologies Inc. is a top-notch fintech firm specialising in Web3, Digital assets and Capital markets technology. 

It operates across Canada, Bermuda, and the Cayman Islands. The Cayman Islands is responsible for handling exchange-traded products (ETPs), which also include:

  • Issuance
  • Hedging
  • Lending
  • Staking of digital assets. 

Conversely, Bermuda coordinates the company’s venture portfolio and node operations. The firm’s DeFi Alpha trading desk focuses on low-risk arbitrage in the crypto market, while Valour Asset Management provides ETPs for digital assets. 

About the Company

DeFi Technologies Inc. stands out as a leading tech firm successfully bridging the divide between traditional financial markets and decentralized finance. This is achieved through its focus on three main areas of business.

  • The development and listing of exchange-traded products
  • Financial instruments that offer indirect access to the performance of underlying cryptocurrencies.
  • Indexes of digital assets or other decentralised finance instruments offered through the company’s Asset Management division.

DeFi Technology is also dealing with:

  • Participating in decentralised blockchain networks by processing data transactions that contribute to network security and stability
  • Governance
  • Transaction validation through its Infrastructure business line.

Through its early-stage investments in decentralised finance companies, this company ventures through its Ventures business line.

DEFI Infrastructure runs nodes and supports decentralised networks. Here are some of the key data you also need to consider:

Key Data

  • Exchange: Other OTC
  • Today’s Peak/Trough: $2.3000/$2.1800
  • Share Volume: 730,936
  • Previous Close: $2.21
  • Data Disclaimer: Nasdaq Indices and Major Indices are delayed by a minimum of 1 minute.

DEFTF/USD 5-Day Chart

DEFTF Stock Price and Statistics 

We’ll present some of the latest statistics and market data on the DeFi Technologies Inc. stock to help you decide whether to buy or sell it.

Please note that investing in any stock involves substantial risk. Every serious and responsible trader should be 100% careful before investing and making any potential investment decisions since it could be risky over a long period.

  • Deftf Price: $2.2100
  • Previous Close: $2.2200
  • Open: $2.2500
  • Bid: $2.2000 x 36,200
  • Ask: $2.2100 x 40,000
  • Day’s Range: $2.1800 – $2.2900
  • 52 Week Range: $1.5600 – $2.3000
  • Volume: 297,727
  • Avg. Volume: 1,049,750
  • Market Cap (Intraday): $660.439M
  • Beta (5Y Monthly): 3.44
  • PE Ratio (TTM): 13.81
  • EPS (TTM): $0.1600
  • Earnings Date: November 12, 2024 – November 18, 2024
  • 1Y Target Estimate: $3.37

Where to buy DEFTF Stock?

In case you aren’t 100% sure about where and how to buy DEFTF stock, please follow the following necessary steps:

#1 Open a Brokerage Account

Choose a legitimate brokerage company from our list based on the best possible fees, features, and ease of use. Once you’ve found one, you should do the following:

  1. Register for a brokerage account
  2. Verify all of your personal details
  3. Upload your ID
  4. Fund your account with the amount of your choice. 

However, always keep in mind that your capital is at risk.

#2 Research All About the DeFi Technologies Inc. Company

After you’ve managed to open your own brokerage account, we advise you to review DEFTF’s historical data, performance over the years, and risks for security purposes only. It is also good to check financials such as revenue and EPS estimates. 

It’s important to utilise reports and broker profiles for insights. Stay updated with news and analysts, but be aware of price prediction limitations.

#3 Decide Investment Amount and Risk Tolerance

When deciding how much to invest, consider your financial situation, investment timeline, and comfort with risk. Only invest money you’re prepared to lose, as the stock market can be unpredictable. Ensure you have an emergency fund and a clear investment budget.

#4 Place an Order

Every trader can place a market order to buy or sell at the present price. This action is quick but might not always be so exact. Also, traders should remember that a limit order lets them set a specific price even though it may not always go through.

We Advise: Choose the type that best matches your strategy and goals.

Deftf Stock Forecast – What To Expect in the Following Years?

If you’ve been wondering what the Deftf stock price prediction is, keep in mind: If DEFTF is trading significantly below the $2.21 target price in some time, it could be a potential buying opportunity, assuming other favourable factors. 

To successfully estimate the stock’s value, it is necessary to calculate the predicted dividend for the next year (DPS1) based on its historical growth rate. Once you’ve done it, divide this by the difference between your minimum rate of return (r) and the dividend’s growth rate (g). 

Conclusion: Should You Invest in DEFTF Stock?

DeFi Technologies has an average price target of $2.21 from our stock experts (Buy).

DeFi Technologies is an attractive investment opportunity as it has significant exposure to fintech and digital assets. That said, there is definitely room for growth here, and the riskier crowd may consider taking a bite.

The post DEFTF Stock Price and Forecast – Get All The Info appeared first on FinanceBrokerage.

Fubo Stock Price, Analysis and Predictions by an Expert

Have you recently considered investing in the Fubo stock? Are you one of those motivated stock market investors who are searching for another stock worth investing in? First, this stock is in the spotlight due to its slight increase in market value.

As is the practice of all those thinking about whether it is worth buying or selling a certain stock, it is also important to get all the key information in this case.

First, about the company itself, what it does, why its stock is worth mentioning, and then all the detailed statistics and predictions by top analysts.

Before we tell you whether Fubo stock is a great investment, let’s see more info about the company itself, shall we?

FuboTV Inc. – All That You Need to Know About the Company

FuboTV Inc. represents one of the top-notch streaming services for putting sports at the forefront. It provides clear and secure access to various live sporting events every year. Besides live sports, its users can read the latest sports news and get the maximum of their entertainment programming.

FuboTV makes streaming content on any chosen device easy for its users. It could be a Smart TV, smartphone, tablet, or computer.

This particular company functions primarily via its top-notch streaming segment. Its core offering, known to the world as “Fubo Pro”, features over 100 channels. 

All of these channels include some of the top Nielsen-rated networks and a rich selection of diverse sports, news, and entertainment. 

What Can Its Subscribers Expect?

Subscribers can enhance their experience with premium channels, additional packages, and upgrades like Cloud DVR Plus for extra storage and Family Share for more simultaneous streams. 

Also, its subscribers should remember that fuboTV’s multi-view feature on Apple TV allows its devoted viewers to watch up to four live streams at once. This platform provides a diverse and extremely pleasant viewing experience for its users. Besides that, it assists content providers to reach and monetise their audience.

Fubo Stock News

According to the latest news by Yahoo Finance, FuboTV recently won a significant legal battle against a proposed joint venture by Disney, Fox, and Warner Bros.

The recent ruling was crucial in maintaining FuboTV’s access to live sports content, reinforcing its commitment to offering consumers more choices. 

Their financial moves, like buying back $46.9 million in convertible debt, have boosted their flexibility and increased shareholder value. With thirteen hedge funds backing FuboTV and expectations for a 7% growth in North American subscribers in 2024, the company looks like a solid choice in broadcasting stocks. 

That said, exploring AI stocks might also be worth considering for those interested in potentially higher returns.

Fubo Stock Price and Other Statistics

Here are some of the Fubo stock prices and statistics according to the live market info: 

  • After Hours Price: $1.62, down $0.06 (-3.57%)
  • Close Price: $1.68, up $0.01 (+0.60%)
  • Volume: 8,350,058 (Close), 10,292 (After Hours)
  • 52-Week Range: $1.10 – $3.82

Key Stats:

  • Open: $0.00
  • Day High: $0.00
  • Day Low: $0.00
  • Previous Close: $1.68
  • 52-Week High: $3.82 (12/14/23)
  • 52-Week Low: $1.10 (06/21/24)
  • Market Cap: $553.285M
  • Shares Outstanding: 329.34M
  • 10-Day Average Volume: 31.38M
  • Ratios/Profitability:
    • EPS (TTM): -$0.80
    • P/E (TTM): -2.11
    • Forward P/E (NTM): -3.65
    • EBITDA (TTM): -$216.803M
    • ROE (TTM): -68.62%
    • Revenue (TTM): $1.524B
    • Gross Margin (TTM): 1.07%
    • Net Margin (TTM): -15.59%
    • Debt to Equity (MRQ): 135.08%

Earnings Date is estimated to be November 1, 2024. Regarding the Fubo Stock Price Target, analysts have set a target price of around $2.21 for FuboTV, which may indicate a potential upside from the current levels.

FUBO/USD 5-Day Chart

Fubo Stock Earnings

Before any investment decisions on whether Fubo stock is a buy or sell option, it’s crucial to see its previous earnings report:

  • June 2024: EPS beat by 50.56%
  • March 2024: EPS beat by 26.86%
  • December 2023: EPS beat by 29.05%
  • September 2023: EPS beat by 18.68%.

Fubo Stock Forecast – Should You Invest In It?

When deciding which stock to invest in, it’s crucial to note that even the top Wall Street analysts can make wrong decisions and estimations. The stock market heavily depends on economic or market factors, and geopolitical events.

To find out before anyone else what will happen with certain stocks, it is mandatory to always keep up with the latest news and live stats. 

Based on current forecasts and top analysts’ activity, the average price target for FuboTV stock is $2.88, with a potential high of $5.00 and a low of $2.00. 

This average target implies a potential upside of around 72% from the recent Price of $1.68. 

Conclusion

Investors might see a significant average return if these projections hold. When making data-driven investment decisions, it’s important to consider this potential income opportunity. 

Nonetheless, we advise our traders to be 100% aware of the risks and fluctuations associated with the stock is crucial. Also, please note that all projections are subject to regulatory factors and market conditions, so ongoing research and monitoring are advised.

The post Fubo Stock Analysis – Get All The Crucial Information appeared first on FinanceBrokerage.

Did Donald Trump Get Shot Again? 

At his West Palm Beach, Florida, golf club on Sunday, Former President Donald Trump shot at was the target of what the FBI described as “appears to be an attempted assassination.” This occurred merely nine weeks after the Republican nominee escaped another attempt on his life. The former president declared himself safe while the authorities held a man.

About 400 yards away, US Secret Service agents positioned some holes next to where Trump was playing. They observed the muzzle of an AK-style rifle protruding through.

According to Palm Beach County Sheriff Ric Bradshaw, the gunman abandoned the rifle, two backpacks, a GoPro camera, and an aiming scope when an agent fired. He then fled in an SUV. A neighbouring county’s law enforcement later stopped the man.

It was the most recent shocking episode within the already very explosive state of events that the campaign had in its course, which included yet another assault upon Donald Trump, which raised tensions across the country. On July 13, during a rally in Butler, Pennsylvania, a bullet whizzed past Trump’s right ear and narrowly missed him.

Who Shot Donald Trump The Second Time?

Law enforcement detained Ryan Wesley Routh in Martin County, suspecting him of shooting Donald Trump.

An archived copy of the company’s webpage reveals that Routh, 58, spent most of his life in North Carolina before relocating to Kawa, Hawaii, in 2018. There, he and his son ran a shed-building business.

Routh had a website where he tried to raise money and find volunteers to travel to Kyiv to help defend against the Russian invasion. He also posted about the war in Ukraine on social media regularly.

In a post on X (formerly Twitter) in June 2020, Routh threatened to challenge Donald Trump’s reelection if the then-president signed an executive order directing the Department of Justice to investigate police misconduct.

He also praised Hawaii’s then-US Representative Tulsi Gabbard’s Democratic presidential campaign that year. Gabbard has since defected from the party and endorsed Trump.

But it appears from his posts in recent years that he lost interest in Trump and began endorsing Vice President Kamala Harris and President Joe Biden.

After an assassination attempt on Trump in Pennsylvania in July, Routh urged Harris and Biden to visit the hospitalised shooting victims and attend the funeral of the former fire chief killed at the rally.

According to federal campaign finance records, Routh has used his Hawaii address to make 19 small political donations totalling $140 (€126) to ActBlue, a political action group that backs Democratic candidates, since 2019.

Records indicate that Routh had numerous run-ins with the law as a Greensboro, North Carolina resident. The North Carolina Department of Adult Corrections’ online records show that he was found guilty in 2002 of possessing a weapon of mass destruction.

Donald Trump News: Response to The Trump Shooting

The White House reported that after being briefed on the safety incident involving Trump, Vice President Kamala Harris and President Joe Biden were relieved to know he is safe.

In a statement made public by the White House on Sunday night, Harris echoed Biden’s support for the Secret Service having “every resource, capability, and protective measure essential to carry out its crucial mission.” “The potential attempted assassination on former President Trump today deeply disturbs me,” she remarked. As the details come to light, I want to be crystal clear: I detest political violence. We must all do our share to ensure this event doesn’t spark additional violence.

Their team will keep Biden and Harris informed. Both are in Washington, DC, and have no public events on Sunday. Department of Justice spokesman Dena Iverson reports that Attorney General Merrick Garland remains informed.

Sen JD Vance of Ohio, Trump’s running mate, stated on X later on Sunday that the outgoing president is in “good spirits.”

Final Thoughts

Politically motivated violence, including near-miss assassination attempts against former President Donald Trump in recent days, has united the country’s political factions in concern. While lawmakers in both parties are deeply at odds over a number of areas, gun laws could face the most bipartisan scrutiny after these events raised new questions about the threat to both Democratic and Republican political figures — sparking calls for change among Republicans who might have traditionally resisted such measures.

The post Donald Trump Shot Again at West Palm Beach Golf Club appeared first on FinanceBrokerage.

JEPI Stock Price and Analysis

By September 2023, the JEPI ETF stock, JPMorgan Equity Premium Income ETF (JEPI) has made a significant mark in the US actively managed ETF market, boasting more than $29 billion in assets.
Investors are attracted to JEPI due to its impressive performance in 2022 and its appealing portfolio characteristics, which include stable, dividend-paying blue-chip stocks, low volatility, substantial annual returns, and the potential for monthly income.

The JPMorgan Equity Premium Income ETF (JEPI) presents an attractive choice for those looking for income and exposure to the stock market while minimizing volatility. The fund seeks to provide monthly income through a carefully designed investment approach.

ETF Overview

  • Category Derivative Income
  • Fund Family JPMorgan
  • Net Assets 34.38B
  • YTD Daily Total Return 11.35%
  • Yield 7.19%

Sector Weightings

  1. Technology: 19.65%
  2. Healthcare: 15.48%
  3. Industrials: 13.42%
  4. Financial Services: 11.73%
  5. Consumer Defensive: 10.27%
  6. Consumer Cyclical: 10.10%
  7. Utilities: 5.50%
  8. Communication Services: 4.91%
  9. Energy: 3.62%
  10. Real Estate: 3.01%
  11. Basic Materials: 2.32%

A dividend ETF with an 11.77% yield: Is It Possible?

JEPI stock JPMorgan Equity Premium Income ETF pays monthly dividends to its shareholders. It displays an average annual yield of 11.77%! In other words, over 2022, its performance has largely exceeded American stocks of around 1.70% yield. It has also been superior to REITs and American high-yield bonds, which offer around 9% yield.

With €51,000 invested, you could pay yourself an additional income of €500 per month thanks to this dividend ETF and its 11.77% yield. You would have even obtained a slightly better performance than the market since its creation in mid-2020, with 12.03% annualised dividends reinvested against 12.01% for the S&P 500. Similarly, with volatility and a maximum loss lower than the market (-13% against -24% for the S&P 500), you would have achieved better results

JEPI Stock Chart

JEPI Portfolio

The JEPI portfolio employs a cautious equity selection strategy, utilising a detailed bottom-up research methodology to identify stocks based on unique risk-adjusted rankings. Additionally, the fund utilises a systematic options overlay that involves writing out-of-the-money call options on the S&P 500 Index, generating monthly income while preserving equity exposure.

JEPI has delivered a compelling 12-month rolling dividend yield of 7.55% and a 30-day SEC yield of 6.88%. These yields rank in the top half of the Derivative Income category, highlighting JEPI’s ability to deliver consistent income. The fund has a low expense ratio of 0.35%, making it a cost-effective choice compared to similar options.

JEPI Stock Price Today – Trading Data

JEPI’s trading data shows that the fund opened at $58.68, with a day low of $58.85 and a day high of $58.85. The fund’s 52-week low is $48.32, and its 52-week high is $58.66. This shows stable performance over the past year. Furthermore, JEPI’s assets under management (AUM) total $34.85 billion, with 597.6 million shares outstanding. The fund’s average monthly trading volume is 3.27 million, reflecting active investor interest.

JEPI has $34.38 billion in net assets and a year-to-date return of 11.35%. It offers a 7.19% yield, with top holdings in diverse sectors like technology and healthcare, aiding in risk management for income-focused investors.

The average JEPI stock forecast price target is $63.42, with a high forecast of $71.52 and a low forecast of $52.00. The average price target represents an 8.32% change from the last price of $58.53.

JEPI Stock Alternatives

Compared to alternative ETFs in the FactSet Equity: US – Large Cap Segment, JEPI holds its own. Although cheaper ETFs like BKLC offer a 0.00% expense ratio, JEPI’s expense ratio of 0.35% is still competitive. SPY, the largest ETF by AUM, has an expense ratio of 0.09% and a year-to-date return of 18.22%, but JEPI’s focus on income generation makes it stand out.

Strategy Behind the Monthly Dividend ETF

The JEPI stock ETF comprises 80% to 85% of large American companies with a yield of around 2%. The remaining 15% to 20% of the portfolio is used for an options strategy. More precisely, these are ELNS, Equity-Linked Notes, and a more advanced version of covered call options.

In reality, if 80% of the portfolio only delivers a 2% yield, to obtain 12% in total, the last 20% must deliver a 52% yield. This high yield comes at a price: that of the risk of ELNs.

JEPI Stock: Buy or Sell

JEPI offers a compelling option for investors seeking a balance of income and market exposure with reduced volatility. Its strong performance, diverse portfolio, and focus on monthly dividends make it an appealing choice for income-focused investors looking for consistent returns.

The post JEPI Stock Price And Analysis appeared first on FinanceBrokerage.

Super Micro Stock: Company Accused of Accounting Misconduct

Super Micro Computer have fallen more than 25 per cent in a day and nearly 35 per cent in a week, trading at $434. The decline is due to questions about its accounting practices and a delay in filing its annual financial report affecting stock, linked to an assessment of internal controls.

Server maker Super Micro Computers is expected to trade lower in premarket trading on Wall Street after Hindenburg Research accused it of accounting misconduct. 

The stock fell as much as 6% in trading yesterday before closing down 2.64%. Based on a three-month investigation, Hindenburg cited “glaring accounting red flags, evidence of undisclosed related-party transactions, sanctions and export control violations, and customer issues.” Hindenburg said it had taken a short position on the stock.

In August 2020, the SEC charged the company with “widespread accounting violations.” These violations were mainly related to over $200 million in misreported revenue and understated expenses. According to the research firm, this led to artificially high sales, earnings, and profit margins.

But less than 3 months after paying a $17.5 million settlement from the SEC,” Super Micro has begun rehiring senior executives directly implicated in the accounting scandal. SuperMicro has yet to respond to Hindenburg Research’s accusations.

In addition to accounting problems and attempts to evade sanctions, concerns regarding competition and quality have led significant firms to either completely sever ties with Super Micro or decrease their involvement. 

Nvidia serves as a crucial partner and chip provider for Super Micro. In May 2024, CEO Jensen Huang openly supported Super Micro’s rival, stating, “No one excels in creating comprehensive, large-scale systems for enterprises like Dell does.”

Should you invest in Super Micro stocks? 

So, given the latest circumstances, should one invest in SMCI stock? Investing has always been a game of patience and calculation, which consists of anticipating market trends and making the most of the opportunities that arise. With this in mind, questions often arise about the opportunity to buy shares of certain companies when they are falling. Currently, this question arises for Super Micro Computer shares. “Is the Super Micro Computer Stock an opportunity for investors to seize?

SMCI/USD 5-Day Chart

Growth Forecast and Valuation

Prior to the accusations, experts forecasted that Supermicro’s revenue would increase at an annual compound growth rate of 46%. The number rose from $7.1 billion to $22.1 billion from fiscal 2023 to fiscal 2026.

In comparison, Dell is aiming for a conservative long-term growth rate of 3% to 4% annually. Although Dell’s valuation indicators may appear more appealing, Supermicro could achieve more substantial returns if it meets its ambitious revenue goals.

Hindenburg Research’s allegations against Super Micro Computer have the potential to attract regulatory scrutiny and erode investor confidence. It will impact the company’s stock performance and its partnership with Nvidia.

The confluence of rising production costs and competitive pressures is exacerbating financial pressure. In the short term, Super Micro’s stock could continue to experience declines. At the same time, the long-term prospect of reduced issues with AI spending by companies could further weaken its position.

Should you buy the Super Micro Computer dip?

For starters, it’s essential to have a comprehensive grasp of the technology sector and the role of Super Micro Computer within it. Additionally, it would be best if you considered the overall economic conditions and future projections.

Given the recent decline in Super Micro Computer’s stock value, it may present a favourable investment opportunity. This is especially true when you assess the company’s financial stability and performance, assuming you plan for the long term.

Nonetheless, like all investments, there are inherent risks involved. Therefore, it is prudent to conduct your own research or seek advice from a financial expert before making any investment choices.

The post Super Micro Stock: Company Accused of Accounting Misconduct appeared first on FinanceBrokerage.