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Rincon de la Victoria town hall is distributing 27,000 leaflets, and has launched a campaign on social media, explaining the 2025 rubbish collection tax. “The town hall is obliged to comply with, and apply, the law,” Environment councillor Borja Ortiz explained. “At the same time it is our responsibility to inform residents, with total clarity, about the effects of the central government’s new law on their bills.” Most Read on Euro Weekly News Nerja’s kicks off Christmas 2024 Taking steps to protect vital Axarquia pipeline Big investment creates rural jobs The law responds to a European Union directive aimed at calculating the volume of rubbish generated by each household and their recycling levels. However, this directive did not establish any procedures for applying the new rules, leaving each member state to decide. In Spain’s case, Madrid decided to impose a rubbish collection tax for town halls to pass on to the local population. Rincon mayor Francisco Salado added that the town hall was looking for the best way to apply the new regulations while trying to lessen the blow of the price hike. This could involve lowering the IBI rates in future, he suggested. “As we see it, the central government could have passed this on as a national, and not a town hall, tax,” Salado said.
In a conversation with John Micklethwait, Elon Musk revealed his support for Dogecoin. Musk shared that Tesla already accepts Dogecoin for some of its merchandise, and SpaceX follows the same approach. Elon Musk mentioned that he bought Dogecoin himself, which highlights his personal involvement and interest in the cryptocurrency. He further said, "i intent to personally support Dogecoin" because people who are not that wealthy encouraged him to to buy and support Dogecoin. Musk emphasised that his support is a response to those people who believe in cryptocurrency. Elon Musk’s xAI To Soon Introduce ‘Grok Enhance’ Tool To Improve Grammar, Fix Typos for Post Composition. "I intent to personally support Dogecoin" 一 Elon Musk pic.twitter.com/hsvVqp4eYf — DogeDesigner (@cb_doge) December 22, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)
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Oliver Glasner: "Caleb Kporha will definitely get several more minutes this season"It's about to be one of the most active dealmaking years for media and entertainment companies in recent memory. 2024 saw crimped deal volumes as interest rates remained elevated and an unfavorable regulatory environment dampened sentiment. But 2025 has "the recipe for all the stars to be aligned," according to Bart Spiegel, partner of global entertainment and media deals at PwC. "I really do expect it to be a perfect storm for M&A to accelerate in 2025 from a deal value and a deal volume perspective," Speigel said in an interview with Yahoo Finance. He listed several catalysts for next year, including "significant dry powder on the sidelines," the expectation that interest rates will continue to move lower , and a looser regulatory environment from the incoming Trump administration. Plus, "this is not a steady state industry," he said, referencing the "constantly changing" media landscape. "You've got market players that really do want to make moves." Those moves have already begun to materialize. Last month, Comcast ( CMCSA ) said it would spin off most of its cable properties into a new company after teasing the possibility just a few weeks prior. At the time, Comcast said it wanted to "play offense" in order to combat increased cord-cutting. Wall Street analysts have said Comcast's spun-off company could acquire other beaten-down cable properties, describing it as a positive development for competitors exposed to traditional networks, like Warner Bros. Discovery ( WBD ). To that point, shortly after Comcast's announcement, WBD also said it would undergo a corporate restructuring to separate its legacy networks, including CNN, TBS, TNT, HGTV, and the Food Network, from growth drivers like studios and its streaming platform Max. "It appears we are closer to the tipping point given the combination of secular and cyclical challenges," Bank of America analyst Jessica Reif Ehrlich wrote in a note to clients on Dec. 19. Most streaming platforms are finally profitable or, at the very least, close to break-even. But the demise of the cable bundle is still a complicated mess for legacy players looking to survive in a new digital-first era. For years, linear advertising and affiliate fees, or the fees pay-TV providers pay to network owners to carry their channels, had consistently boosted revenues for legacy media. But the shift to streaming saw cable subscribers decline, hurting affiliate revenue. The pressure from deteriorating linear networks, coupled with heavy debt loads, has forced legacy media giants to cut costs wherever possible, resulting in mass layoffs and restructuring efforts. Earlier this summer, Warner Bros. Discovery and Paramount Global ( PARA ) took a collective $15 billion hit on the values of their respective cable businesses. "Given this backdrop, it is clear further consolidation is needed," MoffettNathanson analyst Craig Moffett wrote in a report published Dec. 3. "There has been endless chatter for years in the press and from media executives around extricating the overhang of linear networks on overall company performance." Outside of Comcast and WBD, Disney ( DIS ) has also explored cleaving off its traditional TV assets , which include broadcast network ABC and cable channels like FX, Freeform, and National Geographic. Disney CEO Bob Iger has since walked back those comments , but it's still possible a spin-off or asset sale could be revisited, according to analysts. And with Paramount's deal with Skydance Media set to close in the second half of 2025 , it remains unclear what will happen to Paramount's cable and TV properties after the merger. "There are a lot of efficiencies to be had by combining many of these companies," Reif Ehrlich recently told Yahoo Finance in a separate interview. "Can these companies survive as part of a bigger entity? Yes, of course they can." One entity that might be a buyer of depressed linear assets is cable and streaming company Starz, which will complete its long-awaited separation from Lionsgate Studios ( LION ) early next year. Starz, which is expected to make its public debut on the Nasdaq around mid-January, plans to expand margins from 15% to 20%, with CEO Jeff Hirsch noting M&A can help fuel revenue growth. “If you look at the disruption going on in the business today, there’s a lot of linear networks, or ad-supported networks that serve the demos that we serve today," Hirsch said at a UBS media conference earlier this month. “I do think there’s an opportunity once we separate, once we have our own balance sheet and a currency, to go out and acquire some of those linear assets," he continued, adding he believes companies "will shed assets first before they consolidate." Regulatory easing will be the most important M&A tailwind, according to experts, even if the Federal Reserve commits to a higher-for-longer policy stance . "There's an appetite for people to go out and do deals in a much more friendly environment," PwC's Spiegel said. Total deal volumes and values in the media and telecommunications sector over the past year saw a slight uptick compared to a downbeat 2023 , according to PwC's biannual US deals outlook. Over the past 12 months ending in November, there have been 2,088 deals — a 4% year-over-year increase — with announced deal value totaling $135.5 billion, a 26% rise versus 2023. Telecom giants led the charge, with Verizon's $20 billion acquisition of Frontier Communications one of the largest deals of the year. "I think telecom deals will continue to increase," Spiegel said. "But we're also going to see much more media and entertainment M&A." President-elect Donald Trump, generally viewed as more friendly toward dealmaking than President Biden, has already signaled a looser policy stance with his Cabinet picks, like Brendan Carr as the new chair of the Federal Communications Commission. Carr, who has frequently advocated for deregulation and an intent to revisit ownership limits, could spur more consolidation within local and broadcast television at a time when companies are desperate to compete in a digital-first world. Nexstar Media Group ( NXST ) CFO Lee Ann Gliha told Yahoo Finance earlier this month that Carr's nomination served as "the first signal" of future disruption. Nexstar, which controls the CW Network, along with Fox Television Stations, Sinclair Broadcast Group, Gray Media, and others have been desperate to gobble up more TV stations in order to better compete with Big Tech in the race for viewers and ad dollars. But there's a cap on how many TV stations a single media entity can own. The current rule is that a station cannot collectively reach more than 39% of all TV households in the US. Of course, no one knows exactly what will happen once Trump takes control of the White House. Or what deregulation policies will be put into place once he does. But one thing is clear: The future of media and entertainment M&A looks a lot brighter compared to years past — and it's happening at a time when Hollywood is finally ready to shake things up. Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal , LinkedIn, and email her at alexandra.canal@yahoofinance.com. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo FinanceAnimal cruelty charges after driver runs down kangaroos, mutilates body
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The year is almost over, and it's time to make some bold predictions for 2025. In this article, three Motley Fool contributors draw on their experience to forecast what may be in store for the stock market next year. Here's what they have to say about Artificial Intelligence (AI) software stocks , Ark Innovation ETF , the Magnificent Seven , and more! Prediction: AI software stocks will rock and roll in 2025 Jake Lerch (AI software stocks): My prediction is that 2025 will be the year of software stocks. Think about it: Hardware stocks were some of the top-performing stocks of 2024. Semiconductor companies like Nvidia , Broadcom , and ARM Holdings saw their stocks skyrocket as demand for high-powered chips went through the roof. However, as the calendar turns from 2024 to 2025, I predict that the stock market may begin to shift its attention away from chip stocks and toward software stocks like SoundHound AI and Palantir . Indeed, over the last few months, a shift has already started, with the stocks of application-makers like SoundHound and Palantir outpacing semiconductor stocks like Nvidia and AMD. NVDA data by YCharts What's more, some of these software companies remain relatively small in terms of market cap. As of this writing, SoundHound AI sports a market cap of about $8 billion. That makes it a potential acquisition target for deep-pocketed tech mega-caps . For example, Meta Platforms has over $70 billion in cash on hand -- more than enough to snap up SoundHound with tens of billions in cash left over. But it's not just the upstarts that could benefit from the shifting focus to software. Companies in the digital advertising and digital learning spaces could also benefit as stock market participants look beyond AI hardware to some of its practical applications. Reddit is testing an AI-powered answering tool that could help the company draw more users -- and ad dollars. Learning app Duolingo is expanding beyond language learning by incorporating music and math lessons. Those new lessons -- powered by AI -- will help Duolingo attract more users and subscribers. In short, the everyday uses of AI are nearly limitless -- and they're just starting to roll out. Because of that, I predict 2025 will be the year that AI-powered software shines bright. Prediction: The broadening of the tech rally will boost this ETF Will Healy (Ark Innovation ETF): Although many investors profited from the latest bull market, the rally was not broad-based. Instead, most of the benefit went to the top stocks. One can see this when comparing the performance of the S&P 500 over the last two years to that of the Russell 2000 . ^SPX data by YCharts This has worked against Cathie Wood's Ark Innovation ETF ( ARKK 2.11% ) , as most of its holdings are not S&P 500 stocks. The ETF is up by just over 20% this year, and all of that gain occurred following the U.S. presidential election. Fortunately for Ark Holdings, many of these stocks left behind by the current rally seemed to move off their lows in recent weeks. As interest rates fall and post-election optimism rises, this should bode well for Cathie Wood's flagship ETF. To see this, one only has to look at its holdings. Of its top 10 positions, only Tesla (NASDAQ: TSLA) and Palantir (NASDAQ: PLTR) are S&P 500 stocks. However, the recovery is now trickling down to the non-S&P holdings. For example, its second-largest holding, Roku (NASDAQ: ROKU) , makes up more than 9% of the fund and appeared to miss most of the current tech rally. While Roku is still more than 80% lower than its 2021 high, its stock has risen by over 60% from its August low, an improvement helping the Ark Innovation ETF. The improvement is more profound for fourth place holding Roblox (NYSE: RBLX) , which is around 6% of the Ark Innovation ETF. Although that stock has stagnated since the 2022 bear market, it has doubled in value from its May low. The rally started even earlier for a stock that is 5% of the fund, Robinhood Markets (NASDAQ: HOOD) , which is up over 240% this year! Such improvements are indicators that the tech rally has finally moved beyond the Magnificent Seven and other top stocks. As we move into 2025 and the rest of the tech sector finally begins to rally, a long-awaited recovery for the Ark Innovation ETF appears to be at hand. Prediction: Valuations in some of the popular mega-cap technology stocks will start turning over Justin Pope (Magnificent Seven): Anyone with investment exposure to the Magnificent Seven stocks, including Apple , Alphabet , Amazon , Meta Platforms , Microsoft , Nvidia, and Tesla, has likely enjoyed the past two years. The Magnificent Seven represents approximately 32% of the S&P 500 index, so their widespread outperformance has helped carry the stock market. My 2025 prediction is that some of these names will start running out of steam. These companies lead or compete in a handful of high-growth end markets, including e-commerce , digital advertising , cloud computing , semiconductors, artificial intelligence (AI), robotics , and more. If you're investing for the long term, the Magnificent Seven should still be a winning choice. However, some of these companies have risen so much that their valuations have gotten ahead of the underlying businesses, which could lead to a down year for some big names in 2025. For example, Apple's AI tech, Apple Intelligence, may not be the home run investors hoped for. Yet, the stock trades at 34 times earnings despite analysts forecasting under 10% annualized long-term growth. That's a pretty steep valuation. Tesla has rallied hard since the presidential election but trades at 177 times its earnings despite soft sales in its core vehicle business. Analysts estimate Tesla will grow earnings by 8% annually over the next several years, which is nowhere near enough to justify such a high price-to-earnings (P/E) ratio. Some Magnificent Seven names could keep running next year. Alphabet and Meta trade at P/E ratios of 24 and 27, respectively. Meanwhile, analysts believe they will each grow earnings by 16% to 18% annually over the long term. That's far more growth at a better price than you're getting from Apple and Tesla. The bottom line? Investors should pay close attention to the growth they're getting and the price they pay for it. Indiscriminately buying the Magnificent Seven has worked for two years, but that trend may soon end.Jadon Hardiman, 21, was found guilty in Gibson County of charges including second-degree murder, attempted murder, aggravated assault and weapons offenses, district attorney Frederick Agee said in a statement. He faces up to 76 years in prison at sentencing in April. Hardiman, of Jackson, attended a basketball game between Humboldt and North Side high schools on Nov. 30, 2021. Then 18, Hardiman entered the Humboldt gymnasium's crowded concession area and pulled a semi-automatic .40 caliber handgun, prosecutors said. He fired three shots at Justin Pankey, a 21-year-old former Humboldt basketball player. Pankey was hit one time and died within seconds, Agee said. A second bullet hit Xavier Clifton, a former North Side student and basketball player, who was standing in the concession line. Clifton was shot in the neck and paralyzed. He died in March 2022. A third shot struck another man in the back of the head. He survived. “Many people were placed in fear of imminent bodily injury by Hardiman’s shooting, as shown by video footage of their fleeing into the gym, into bathrooms, and other areas of the school,” Agee said. Hardiman ran away and drove to Jackson, disposing of the murder weapon along the way, the district attorney said. The U.S. Marshals Service contacted his family, and he was arrested the next day. Agee said the shooting "frightened every adult, student, and child present, who were only there to support their team and enjoy a good game.” Hardiman's lawyer did not immediately return a call seeking comment.
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Custom Research : Tailor studies for niche markets or specific geographies. Global Reach : Access data from over 250 industries worldwide. digitGaps is an essential resource for decision-makers seeking actionable intelligence for strategic planning. Key Takeaways Versatility Across Platforms : Each platform excels in different areas, making it essential to use multiple sources for a well-rounded perspective. Market Leaders : Platforms like Financh, Quanqo, Bloomberg, and digitGaps offer detailed financial insights, while Dun & Bradstreet and Tracxn cater to specialized needs. Cross-Verification : Comparing data from multiple platforms ensures accuracy and reliability for decision-making. Each platform offers unique strengths tailored to various investment or business objectives. Platforms like Financh , Quanqo , and digitGaps provide deep, actionable insights for businesses, while Dun & Bradstreet and Tracxn excel in risk management and startup intelligence. Bloomberg provides macro and retail market coverage. By leveraging multiple platforms, professionals can ensure accuracy, diversify perspectives, and make well-informed decisions . Related Items: companys , Financial Data Share Tweet Share Share Email Recommended for you Data Encryption Solutions: Safeguarding Financial Information in a Digital Age Financial Data & Analytics: How Companies Gain a Competitive Advantage Cybersecurity in 2024: A Recruiting Company’s Guide to Attracting Top Talent CommentsLess than two years into Bola Ahmed Tinubu’s first term in office, former Benue State Governor and Secretary to Government of the FederationSGF), Senator George Akume has declared that those nursing presidential ambition, particularly from the North should shelve such aspiration, saying no vacancy in Aso Rock until 2031. Speaking on a TVC programme monitored by Tribune Online , Senator Akume said a fresh mandate for the incumbent President Tinubu was a done deal. He advised former Vice President and Peoples Democratic Party (PDP) presidential candidate in the last general elections, Atiku Abubakar not to seek the exalted seat in 2027. He said: “President Tinubu as a southerner, should be allowed to have a second term, meaning that those eyeing the Presidency from the North in 2027, should look beyond that year by waiting till 2031. ” If it is the will of God for Alhaji Atiku Abubakar to be President of Nigeria, even at the age of 90 years, he can get it, but he and other Northerners, eyeing the office now, should look beyond 2027.” On the controversial Tax Reform Bills, the SGF pleaded with those kicking against the proposed legislation to give necessary support to it as he maintained that his principal means well for the country. He said, “President Tinubu through the reform bills, wants to reposition the Nation’s economy as he earlier did with the removal of fuel subsidy and harmonization of the foreign exchange windows in the country. “It is very easy to destroy but difficult to build, the various reforms being rolled out, are meant to rebuild the destroyed Nigeria by previous administrations. “Very soon, Nigerians will start seeing results from the reforms being carried out,” he said. ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel now