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Kotaku’s Weekend Guide: 4 Sweet Games We Can’t Wait To Dive Back IntoRitholtz Wealth Management’s Josh Brown created a new index that tracks the most popular stocks in some of the hottest themes of the market . What To Know: Last Tuesday on " The Compound & Friends " podcast, Brown set the stage for unveiling the “Degen Dow.” “I think that if we were to make a list of the biggest themes of 2024, one of those themes would have been degeneracy,” Brown said. It’s tough to say precisely how the word “degen” came to be, but some believe it originates from the term “degenerate gambler” in sports betting and gambling culture, according to The Wall Street Journal. It’s also used by crypto traders and meme-stock traders who often make risky short-term bets based on momentum and steer clear of traditional ways of assessing investments. Brown put together a list of the top stocks used as trading vehicles by “degen” traders using platforms such as Robinhood, Stocktwits and Reddit’s WallStreetBets . The list includes high beta Bitcoin BTC/USD -related names, gaming and gambling companies, AI names, space theme plays, Cathie Wood favorites and president-elect Donald Trump -related stocks. “All the major degen food groups are represented,” Brown said. Here’s a look at all of the stocks that made it into the “Degen Dow.” Archer Aviation Inc ACHR AMC Entertainment Holdings Inc AMC Applovin Corp APP Coinbase Global Inc COIN Carvana Co CVNA Trump Media & Technology Group Corp DJT DraftKings Inc DKNG Flutter Entertainment Plc FLUT Geo Group Inc GEO GameStop Corp GME Hims & Hers Health, Inc HIMS Robinhood Markets, Inc HOOD Lucid Group, Inc LCID MARA Holdings, Inc MARA MicroStrategy Inc MSTR NVIDIA Corp NVDA PagerDuty, Inc PD Palantir Technologies Inc PLTR Roblox Corp RBLX Reddit, Inc RDDT Riot Platforms, Inc RIOT Rivian Automotive, Inc RIVN Rocket Lab USA, Inc RKLB Rumble Inc RUM Super Micro Computer Inc SMCI SoFi Technologies, Inc SOFI SoundHound AI, Inc SOUN Tesla, Inc TSLA Unity Software Inc U Vistra Corp VST Why It Matters: Brown equal-weighted the basket of stocks in the index to track performance. The index actually declined more than 80% from the highs in late 2021, but it has formed a base and appears to be breaking out to the upside with gains of nearly 50% since the start of the year. “Look how it’s like turning up ... this thing is ripping into year-end,” Brown said, to which his co-host Michael Batnick replied, “I want to get long.” Brown noted Nvidia and Reddit are the only two names on the list he currently owns. Read Next: GameStop Q3 Earnings: Revenue Miss, $4B+ Cash, No More Offerings Planned In Fiscal Year Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaignTetairoa 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
Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Decreases By 33.3%
Reports: Oklahoma QB Jackson Arnold entering transfer portalOlympic great calls time on careerBy AAMER MADHANI, Associated Press WASHINGTON (AP) — A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that a number of telecommunication firms and countries impacted could still grow. The U.S. believes that the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden has been briefed on the findings and that the White House “has made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington on Tuesday rejected the accusations that it was responsible for the hack after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages on Wednesday. Associated Press writer David Klepper contributed reporting.
Vlatko Cancar to be evaluated in 8 weeks after undergoing knee surgery
Louisiana Tech coach Sonny Cumbie knows how to pull off a bowl game upset. Flash back to the 2004 Holiday Bowl, when Cumbie threw for 520 yards to lead No. 23 Texas Tech to a 45-31 win over Aaron Rodgers, Marshawn Lynch and No. 4 California. Twenty years later, Cumbie hopes to engineer another postseason surprise as Louisiana Tech (5-7) is a prohibitive underdog against No. 22 Army (11-2) in the Independence Bowl on Saturday in Shreveport, La. The Bulldogs weren't supposed to be a part of this game. They are a replacement for Marshall (10-3), which withdrew because of the exodus of at least 25 players through the transfer portal. Enter Louisiana Tech, which adds local flavor as Shreveport is an hour drive from the Bulldogs' campus in Ruston. Cumbie said that the seniors were especially excited after they had left campus for the holiday break figuring their college careers were over. "The first guys we got on the phone with were the seniors," Cumbie said. "They thought it was like a prank call. They thought we were jacking with them." Louisiana Tech is dealing with 16 portal losses, including several linemen from a defense which allowed 301.9 yards per game, the best mark in Conference USA. Defensive lineman David Blay, who led the Bulldogs in sacks (6.5) and tackles for a loss (10.5), has committed to Miami. Offensively, Louisiana Tech averages just 3.0 yards per carry. The Bulldogs rely more on Evan Bullock, who has thrown for 1,932 yards and 14 touchdowns with just two interceptions. Army has an opportunity to finish the season on a positive note after surrendering the Commander-in-Chief's Trophy in a deflating 31-13 loss to Navy on Dec. 14. It's also a chance for Bryson Daily to rebound as he threw three interceptions against Navy after tossing just one previously in the regular season. Daily, who finished sixth in voting for the Heisman Trophy, is the bell cow in Army's rush-heavy triple-option offense. He has carried for 1,532 yards and 29 touchdowns and has also thrown for nine scores. Army will be without its second-best running threat, Kanye Udoh, who announced his transfer to Arizona State hours after the Navy game, prompting Black Knights coach Jeff Monken to call the transfer landscape "off the rails." "I don't think it's healthy to have a transfer portal window open during the season," Monken said. Udoh rushed for 1,117 yards and 10 touchdowns this season. If Army can handle Louisiana Tech, it will finish with 12 wins, which would be the most in a season in program history, even if it didn't get the one it wanted the most. "Anytime you get your butt whipped, you want to get back out there and prove that's not who we are," Monken said. This will be Louisiana Tech's first bowl appearance since 2020 and its sixth time in the Independence Bowl, where it has a 3-2 record. Army was last in a bowl game in 2021, and this is its second appearance in the Independence Bowl. In its first appearance, it lost to Auburn 32-29 in 1996. Army and Louisiana Tech have met twice before, with the Black Knights winning both matchups in 2008 and 2013. --Field Level MediaWASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 4,058 flights entering or leaving the U.S., or serving domestic destinations, were delayed, with 76 flights canceled. The site had not posted any American Airlines flights on Tuesday morning, but showed in the afternoon that 961 American flights were delayed. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!What Has Filmmaker Michael Moore Said About UnitedHealthcare CEO Shooting?
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