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Needham analyst Tom Nikic initiated Nike, Inc. NKE with a Buy rating and a price forecast of $84. The analyst suggests that Nike’s worst may nearly be over, with the recent CEO transition from John Donohoe to Nike veteran Elliott Hill seen as a major turning point – “Nike’s proverbial white knight.” The analyst also acknowledges that management accepts past mistakes and takes decisive steps to correct them. Although these strategies may pressure profits on P&L in the short term, they are viewed as the right moves for the company, Nikic writes. While rebuilding the brand’s momentum will take time, the analyst sees potential for Nike to become an attractive “story stock” in 2025, especially if performance has hit its lowest point and investors view Elliott Hill as the company’s savior. Also Read: ‘Staggering’ Google Breakup Proposal From DOJ A ‘Kitchen Sink Moment’: Alphabet Analyst The analyst notes that three years ago, the consensus FY25 EPS forecast for Nike was around $6.60, but it has now dropped to $2.75. However, per Nikic, this updated estimate accurately reflects the necessary adjustments Nike needs to make. The analyst also projects revenue declines to peak in the second half of 2024 and the first half of 2025 as Nike reduces over-distributed styles. If revenue trends improve in the coming quarters and the EPS revision cycle turns positive, the analyst forecasts Nike’s stock could start rising. The analyst projects Nike to report FY25 revenues of $47.383 billion, with earnings per share of $2.67. Price Action : NKE shares are trading higher by 2.52% to $76.99 at last check Friday. Photo via Shutterstock Read Next: Trump Appears ‘Frustrated’ As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.jili apps

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Google Slashes Pixel 9 Pro Price In New Holiday SaleDarius Tahir | (TNS) KFF Health News President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. Related Articles National Politics | The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation National Politics | After Trump’s Project 2025 denials, he is tapping its authors and influencers for key roles National Politics | Republicans push back against Democrats’ claims that Trump intelligence pick Gabbard is compromised National Politics | Trump 2.0 has a Cabinet and executive branch of different ideas and eclectic personalities National Politics | Senators took down one Trump Cabinet pick. But the fight over their authority is just beginning Oz may gain or lose financially from other Trump administration proposals. For example, as of 2022, Oz held investments worth as much as $6 million in fertility treatment providers. To counter fears that politicians who oppose abortion would ban in vitro fertilization, Trump floated during his campaign making in vitro fertilization treatment free. It’s unclear whether the government would pay for the services. In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.VERMILLION, S.D. (AP) — Chase Forte scored 21 points as South Dakota beat Western Illinois 89-66 on Saturday. Forte added six rebounds and five assists for the Coyotes (9-4). Cameron Fens added 17 points while going 5 of 8 and 7 of 9 from the free-throw line while grabbing six rebounds. Isaac Bruns had 13 points and shot 4 for 10 (1 for 3 from 3-point range) and 4 of 5 from the free-throw line. Marko Maletic led the Leathernecks (6-5) in scoring, finishing with 24 points. Julius Rollins added 13 points for Western Illinois. Sean Smith had 11 points. South Dakota's next game is Thursday against Utah Tech on the road. Western Illinois hosts Tennessee Tech on Tuesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Tetairoa McMillan, one of the best wide receivers in Arizona history, will skip his final year of eligibility and enter the 2025 NFL Draft, he announced on social media on Thursday. Projected as a top-10 draft pick, the 6-foot-5, 212-pound McMillan finished his illustrious career at Arizona with 3,423 receiving yards, breaking the mark set by Bobby Wade (3,351). In three seasons, the Hawaii native also posted the fourth-most catches (213) and third-most touchdowns (26) in school history. "Wildcat Nation, this journey has been everything I dreamed of and more," McMillan wrote on Instagram. "From the moment I committed to the University of Arizona, to every second spent wearing that Arizona jersey ... it's been an absolute honor. "The University of Arizona has provided me with the platform to grow and chase my dreams. ... Thank you from the bottom of my heart. To the best fans in the country, I appreciate you for all of the love and support you have given me these last 3 years. I will always be a Wildcat." In 2024, McMillan totaled 84 grabs (ninth in Division I) for 1,319 yards (third in Division I) and eight touchdowns for the 4-8 Wildcats. He also ranked third in Division I with 109.9 receiving yards per game. McMillan is a finalist for the Biletnikoff Award, given to the most outstanding receiver in college football. --Field Level Media

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IndyCar Market Industry Dynamics and Contributions by Dreyer & Reinbold Racing, Newman/Haas Racing, HVM Racing, Belardi Auto Racing, Carlin, Panther Racing, Conquest Racing, Arrow McLaren SP 12-08-2024 10:31 PM CET | Tourism, Cars, Traffic Press release from: STATS N DATA IndyCar Market The IndyCar market remains a vital segment of the automotive and motorsport industry, captivating audiences and enthusiasts globally. The market's relevance continues to grow, driven by innovations in vehicle technology, increasing viewership, and the strategic collaborations among racing teams, manufacturers, and sponsors. The IndyCar series, known for its high-speed, open-wheel racing, presents a unique platform for showcasing technological advancements while providing entertainment and excitement to millions of fans. Recent developments have significantly contributed to this growth trajectory. The integration of hybrid powertrains, advancements in aerodynamics, and the use of lightweight materials are transforming vehicle performance and safety. Additionally, the rise of digital platforms for broadcasting and fan engagement is enhancing the overall experience, promoting greater consumer awareness and interest in the sport. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=377337 Key Growth Drivers and Trends Several factors play a crucial role in shaping the demand for the IndyCar market. Sustainability has emerged as a significant influence, prompting teams and manufacturers to adopt eco-friendly technologies. The shift towards hybrid powertrains not only reduces carbon emissions but also aligns with global efforts to combat climate change, appealing to a more environmentally conscious audience. Digitization is another critical trend reshaping the market landscape. The use of artificial intelligence (AI) for data analysis and optimization during races enables teams to make real-time decisions that enhance performance. Additionally, the trend of product customization allows fans to engage more personally with their favorite teams and drivers, further driving market interest. Emerging technologies such as virtual reality (VR) and augmented reality (AR) are also gaining traction, providing innovative ways for fans to experience the thrill of racing beyond the track. These advancements are expected to attract a younger demographic, ensuring the sport's continued relevance in an evolving entertainment landscape. Market Segmentation The IndyCar market can be segmented in various ways, reflecting its diverse applications and end-user demographics. By Type: - Open-wheel race cars - Single-seater cars - Lightweight chassis - Aerodynamically designed vehicles By Application: - Professional racing events - Series - International racing competitions - Exhibition races - Testing and development purposes By End User: - Racing teams - Automotive manufacturers - Sponsors and advertisers - Racing enthusiasts - Television broadcasters By Technology: - Hybrid powertrain systems - Advanced aerodynamics - Lightweight materials - Telemetry and data analysis - Safety innovations Each segment serves a distinct purpose, catering to various stakeholders involved in the IndyCar ecosystem. For instance, racing teams rely on advanced telemetry systems for performance analysis, while automotive manufacturers explore lightweight materials to enhance vehicle efficiency. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=377337 Competitive Landscape The competitive landscape of the IndyCar market is characterized by a diverse array of teams and companies that play pivotal roles in shaping the future of racing. Notable players include: - Dreyer & Reinbold Racing: Known for their innovative approaches to vehicle design and a commitment to safety, they continually push the boundaries of performance. - Newman/Haas Racing: A historical powerhouse in the IndyCar series, their legacy includes numerous championships and a focus on technological advancements. - HVM Racing: This team emphasizes strategic partnerships and has consistently been at the forefront of integrating new technologies into their vehicles. - Belardi Auto Racing: They are known for nurturing young talent and bringing fresh perspectives to the sport. - Carlin: With a strategic focus on development and engineering excellence, Carlin is making significant strides in competitive racing. - Panther Racing: Their contributions to aerodynamics and lightweight chassis design have made them a formidable competitor. - Conquest Racing: They have a reputation for innovation in race strategy and vehicle performance. - Arrow McLaren SP: This team combines the legacy of McLaren with cutting-edge technology, pursuing excellence in every race. - Rahal Letterman Lanigan Racing: Their focus on fan engagement and community involvement sets them apart. - Andretti Autosport: A household name in racing, their commitment to excellence and performance innovation is unmatched. - Chip Ganassi Racing: Known for their aggressive racing strategies and technological prowess, they are a dominant force in the series. The contributions of these teams are crucial in driving market trends and fostering innovation. As they continue to collaborate with sponsors and technology providers, the IndyCar market is poised for significant advancements. Opportunities and Challenges As the IndyCar market evolves, various opportunities and challenges arise. Potential growth areas include untapped regions where motorsport is gaining popularity, including parts of Asia and South America. Additionally, evolving consumer preferences towards more immersive and interactive experiences present new avenues for engagement. However, the market also faces challenges. Regulatory constraints, particularly around safety and environmental standards, can limit team operations. Operational inefficiencies, such as high costs associated with technology integration, pose significant hurdles. Furthermore, a talent shortage in engineering and data analysis fields can impede progress. To address these challenges, teams and organizations can invest in training and development programs to cultivate the next generation of talent. Collaborations with educational institutions can also foster innovation, ensuring a robust workforce is prepared to tackle the demands of modern racing. Technological Advancements The integration of cutting-edge technologies is reshaping the IndyCar market. AI and machine learning are being utilized for predictive analytics, helping teams optimize their strategies and vehicle performance. Moreover, IoT-driven systems are enabling real-time data collection and analysis, enhancing decision-making during races. Virtual tools are being increasingly adopted for training and simulation, allowing drivers and teams to prepare for races with unprecedented accuracy. These advancements not only improve competitiveness but also enhance safety measures, ensuring the well-being of drivers. Research Methodology and Insights STATS N DATA employs a rigorous research methodology to gather insights into the IndyCar market. Utilizing both top-down and bottom-up approaches, the research encompasses a comprehensive analysis of market dynamics. Primary and secondary research methods ensure a well-rounded understanding of trends and developments. Triangulation techniques are employed to validate insights, providing stakeholders with accurate and actionable data. This meticulous approach positions STATS N DATA as a trusted authority in delivering market intelligence. In conclusion, the IndyCar market is on a trajectory of growth, driven by technological advancements, sustainability efforts, and evolving consumer preferences. As the landscape continues to transform, stakeholders must remain agile, adapting to new trends and challenges. With innovative teams and collaborative efforts, the future of IndyCar racing promises excitement and engagement for fans around the world. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=377337 https://www.statsndata.org/report/indycar-market-377337 Get more information about recently published reports by STATS N DATA below: You can then follow this with links or a list of the specific reports Top 10 Trends in Maggot Powder: Trends, Applications, and Industry Insights for a Sustainable Future : https://www.statsndata.org/blog/191/top-10-trends-in-maggot-powder-trends-applications-and-industry-insights-for-a-sustainable-future Top 10 Trends in Plastic Model Kits: Industry Evolution, Collector Insights, and Business Opportunities: https://www.statsndata.org/blog/192/top-10-trends-in-plastic-model-kits-industry-evolution-collector-insights-and-business-opportunities Top 10 Trends in the Evolution of Party Bus Charter Services: Insights, Industry Shifts, and Actionable Tips for Growth: https://www.statsndata.org/blog/193/top-10-trends-in-the-evolution-of-party-bus-charter-services-insights-industry-shifts-and-actionable-tips-for-growth Top 10 Trends in Tubular Running Services (TRS): Innovations, Industry Applications, and Future Insights : https://www.statsndata.org/blog/194/top-10-trends-in-tubular-running-services-trs-innovations-industry-applications-and-future-insights Top 10 Trends in Ultralight and Light Sport Aircraft (LSA): Innovations, Applications, and Industry Insights : https://www.statsndata.org/blog/195/top-10-trends-in-ultralight-and-light-sport-aircraft-lsa-innovations-applications-and-industry-insights John Jones Sales & Marketing Head | Stats N Data Phone: +1 (315) 642-4324 Email: sales@statsndata.org Website: www.statsndata.org STATS N DATA is a trusted provider of industry intelligence and market research, delivering actionable insights to businesses across diverse sectors. We specialize in helping organizations navigate complex markets with advanced analytics, detailed market segmentation, and strategic guidance. Our expertise spans industries including technology, healthcare, telecommunications, energy, food & beverages, and more. Committed to accuracy and innovation, we provide tailored reports that empower clients to make informed decisions, identify emerging opportunities, and achieve sustainable growth. Our team of skilled analysts leverages cutting-edge methodologies to ensure every report addresses the unique challenges of our clients. At STATS N DATA, we transform data into knowledge and insights into success. Partner with us to gain a competitive edge in today's fast-paced business environment. For more information, visit https://www.statsndata.org or contact us today at sales@statsndata.org This release was published on openPR.Chinese consul general visits LCCI for trade ties, strong partnership

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