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SAT NOV 23 Soup Lunch The Ky. Hillbilly Jeep Krew will be serving free soup from 11 a.m. to 2 p.m. at the Living Bread Soup Kitchen at 321 S. Maple Street in Somerset. The Jilted Jarflies and The Catdaddies The Jilted Jarflies and the Catdaddies will be performing at Jack’s Axes from 8 p.m. to 11 p.m. Somerset Santa’s Workshop Somerset Santa’s Workshop will be at Nutty Nanas at Somerset Mall, 4150 US-27, Somerset, from 11 a.m. until 7 p.m. The Magic School Bus: Lost in the Solar System The Magic School Bus will be at The Center For Rural Development, 2292 S Hwy 27 #300, Somerset, from 10 a.m. until 1 p.m. SUN NOV 24 Somerset Santa’s Workshop Somerset Santa’s Workshop will be at Nutty Nanas at Somerset Mall, 4150 US-27, Somerset, from 1 p.m. until 5 p.m. Grinch Days at Nutty Nanas Grinch Days will be at Nutty Nanas at Somerset Mall, 4150 US-27, Somerset, from 1 p.m. until 5 p.m. TUE NOV 26 Thanksgiving Feast The Living Bread Soup Kitchen and South Maple Street Baptist Church will be serving a free Thanksgiving dinner Tuesday from 3 p.m. to 5 p.m. in the dining room at 321 S. Maple Street in Somerset. FRI NOV 29 Somerset Santa’s Workshop Somerset Santa’s Workshop at Nanas at Somerset Mall, 4150 US-27, Somerset, from 11 a.m. until 7 p.m. Country Christmas Festival Country Christmas Festival at Bear Wallow Farm, 1225 Piney Grove Rd, Nancy, from 4 p.m. until 10 p.m. SAT NOV 30 PCHS Class of 1962 The Pulaski County High School Class of 1962 will meet at Mr. Gatti’s at 5:30 p.m. Please check in with Diane or Joann upon arrival. Grinch Days at Nutty Nanas Grinch Days at Nutty Nanas at Somerset Mall, 4150 US-27, Somerset, from 11 a.m. until 7 p.m. Somerset Santa’s Workshop Somerset Santa’s Workshop at Nanas at Somerset Mall, 4150 US-27, Somerset, from 11 a.m. until 7 p.m. TUE NOV 26 Free Thanksgiving Feast The Living Bread Soup Kitchen and Maple Street Baptist Church will host a free Thanksgiving Feast from 3 p.m. to 5 p.m. in the dining room at 309 S. Maple St. in Somerset. TUE DEC 3 The Nutcracker The Center for Rural Development and Lake Cumberland Performing Arts present The Nutcracker performed by the Kentucky Ballet Theatre. It will take place on Tuesday, Dec. 3, at 7 p.m. in the Cornelia Dozier Cooper Theatre. Reserved Seating. Tickets are $35 + fees for adults and $25 + fees for children 12 and under. Tickets may be purchased at www.centertech.com or at the Box Office. SAT DEC 7 Chimney Rock Baptist Church Singing The Chimney Rock Baptist Church will host a singing at 6 p.m., featuring The Gospel Traditions and the Chimney Rock Boys. Pastor Josh Wesley and the church invite everyone to attend. MON DEC 9 Northern Elementary SBDM Northern Elementary’s Site Based Decision Making council will hold its December meeting at 3:30 p.m. in the school’s library. TUE DEC 10 Merry and Bright: A Night with the Arts Community More than 500 middle and high school students in the Somerset and Pulaski County area will showcase their talents in band, choir, drama, and the visual arts at the first-ever Merry and Bright: A Night with the Arts Community Christmas Event on Tuesday, Dec. 10, at 6 p.m. at The Center for Rural Development. This holiday event, presented by The Center for Rural Development and Lake Cumberland Performing Arts, will highlight 11 performances and more than 120 artworks on display. Each performing group will have a 30-minute time slot. Free Community Event. ONGOING Food Box Give-A-Way A food box give-a-way will take place on the third Saturday of each month at 2 p.m. at the First Presbyterian Church, located on Columbia Street in Somerset. Tax-Aide Volunteers AARP Foundation Tax-Aide is looking for volunteers in the Somerset area. Volunteers can serve in a variety of roles. In addition to tax preparation assistance, we need client facilitators, technology specialists, managers and interpreters. Volunteers do not have to be AARP members or have prior tax experience. All AARP Foundation Tax-Aide volunteers are trained and IRS-certified each year to ensure they know and understand the latest changes and additions to the U.S. Tax Code. New members will work with a mentor. Volunteer at www.aarpfoundation.org/taxaidevolunteer or call 1-888-227-7669. For more information, call 423-724-8445. GriefShare GriefShare will begin a grief counseling program on September 8 which will continue through December 1. Meetings will be held from 5:00 p.m. to 7:30 p.m. each Sunday at Community Harvest Church of God in Somerset. Cost: $20 for workbook, with scholarships available. For more info or to register, go to griefshare.org/findagroup and search for the church. You can join any time and do not have to attend every session. Living Bread Soup Kitchen The Living Bread Soup Kitchen serves meals every Tuesday and Thursday at 3 p.m. They also serve food boxes on the third Tuesday of each month. Watch our Facebook page for pop-up food and clothing giveaways. The kitchen is located at 321 S. Maple Street in Somerset, behind the Pulaski County Public Library building. Pulaski County Democratic Women’s Club The Pulaski County Democratic Women’s Club meets at 6:30 p.m. on the first Monday of the month at Democratic headquarters, 105 W. Mt. Vernon Street, Somerset. Guest speakers present each month on a variety of topics. All are welcome. Alzheimer’s Support Group Alzheimer’s Support Group will meet every 2nd Monday of the month at Cumberland Church of Christ at 6 p.m. Somerset Newcomers Meet the first Monday of each month for lunch at Reno’s in Burnside at 11 a.m. If you are interested in joining us, please email somersetkynewcomers@gmail.com . TOPS TOPS (Taking Off Pounds Sensibly) meets at 6 p.m. every Monday at Rocky Hollow Recreation Center upstairs in the meeting room. Weigh-in from 5 to 6 p.m. Join us and Take Off Pounds Sensibly! Contact Sandra Bertram at 606-679-7747 for more information. Lake Cumberland Country Jammers Will meet each Thursday in the Ferguson Community Center from 5:30 p.m. to 8:30 p.m. Admission is $3. For more information, call 425-0900. A Cumberland Country Music Night Every Tuesday at the Neighborhood Senior Living Center, 100 Neighborly Way in Somerset. Takes place from 5 p.m. to 7:30 p.m. Classic country, gospel and comedy performances by the local Cumberland Country Jammers. Free admission, free refreshments. For more information, call 606-677-2906. PFLAG Somerset PFLAG Somerset meet the fourth Thursday of each month (except in November which is Thanksgiving). They meet at A New Beginning Achievement Center, 600 Bogle Street, from 5:30 p.m. to 7: 30 p.m. Somerset Women’s Experience Strength and Hope (ESH) Al Anon Family Group Meetings held each Monday at 10 a.m. at the Pulaski County Public Library, unless the library is closed. Contact 606-382-0945 or 606-425-2015. Nelson Valley Baptist Church Is holding AWANA classes for all ages every Wednesday night, from 6:30 p.m. to 8 p.m. There is fun, food and learning about the Lord. Everyone is invited. Somerset-Pulaski County Ministerial Association Ministers and all leaders are cordially invited to our monthly meeting every first Wednesday of the month at 12 noon in the Pulaski County Public Library, 305 S. Main St., Somerset. We meet in the library conference room. Bring your own lunch. Kiwanis Club of Somerset Meets the first and third Thursday of the month at 12 noon at Mellow Mushroom. If you would like more information about the club, please call 606-678-5985. Somerset Independent Schools Alumni and Aquatic Center Somerset Alumni Aquatic Center, 100 East Somerset Church Rd., is now open to the public from 8 a.m.-1 p.m. and 5-8 p.m. Monday through Friday and 8 a.m.-noon on Saturdays. The Alumni Center is closed on Sundays. The Alumni Center offers Water Aerobics Class on Mondays, Wednesdays, and Fridays from 10:30-11:30 a.m. and 11:30 a.m.-12:15 p.m. (Kaye Keller, instructor). For more information, please call 606-679-7248 between the hours of 8 a.m. and 1 p.m. and 5-8 p.m. Monday through Friday and 8 a.m.-noon on Saturdays. Somerset Newcomers for Women Somerset Newcomers for women meet on the first Monday of the month at Reno’s in Burnside @ 11:30 a.m. If you are new to the area of Somerset and would like more information, please contact us at somersetkynewcomers@gmail.com . Science Hill Independent School The Science Hill Board of Education will meet on the 2nd Tuesday of every month in the Boardroom at Science Hill Independent School District at 5 p.m., except for April and October when it will be held on the 3rd Tuesday. Kentucky Public Retirees Lake Cumberland Chapter of KPR meets the third Monday of each month at 11:30 a.m. at Mellow Mushroom. For more information, contact president Bruce Brown at 606-305-9960. Lake Cumberland Beekeepers’ Association Lake Cumberland Chapter meets the third Monday of each month at 6:30 p.m. in the lower classroom at the Pulaski County Extension Office. For more information, visit lakecumberlandbeekeepers.com or call the local extension office at 606-679-6361. Family to Family Support Group Family members of mentally ill people, sponsored through NAMI (National Alliance for Mental Illness) meets at the Cancer Treatment Center on the third Thursday of each month at 7 p.m. Questions? Call Lori, 317-443-6237. Civil Air Patrol #357 Meeting every Tuesday 6-8 p.m. at the Hal Rogers Fire Training Center, Building 4, 180 Oak Leaf Lane. Contact Capt. Stacy Foncannon, Squadron Commander, 606-492-9987. Meadowlark Extension Homemakers Club Meets the third Tuesday of each month at 1 o’clock at the Pulaski County Extension Office. Janice Harris is the president. Salvation Army Has a new address which is P.O. Box 967, Somerset. Phone number is 502-777-6693. Pulaski County Extension Center Join them as they walk the streets of Somerset each Thursday at noon. Select your own route or walk one that has been mapped out. Meet in the parking lot across from God’s Food Pantry. Free incentives are given weekly. Alcoholics Anonymous and Al-Anon meetings Meets Mondays and Thursdays at 8 p.m. AA meets at 7:30 p.m. on Tuesday evenings. Al-Anon meetings are for family/friends of alcoholics/addicts who need support and meet at St. Mildred’s Tuesdays at 6 p.m. There is also a Women’s Only meeting at the Public Library on Mondays at 10 a.m. For more info, please call St. Mildred Church at 678-5051. Volunteers needed to knit or crochet baby hats for Lake Cumberland Regional Hospital Come by the Pulaski County Extension Office and pick up a pattern if you would be willing to make baby hats. Several ladies are still making these hats monthly but they could use your help. New Hope Group of Alcoholics Anonymous Meets at 8 p.m. Mondays and Thursdays at St. Mildred Catholic Church, 203 South Central Ave. For more info: 606-416-8633. Science Hill Branch Library “A Little Bit of Magic,” a learning environment for preschoolers, age 2-5. Wednesdays, 11-11:45 a.m. Stories, games, art, science, counting, shapes, colors, sharing and working with other children. Bingo at the Waynesburg Masonic Lodge Meets Tuesday and Friday of each month with the exception of second Friday of the month. Sponsored by American Legion Auxiliary #45. Shopville Branch Public Library Storytime every Wednesday, 10:30 a.m. Somerset American Legion Post #38 (located at 500 Enterprise Drive) Has a service officer available every Tuesday and Thursday, 8-11 a.m. Call (606) 425-5017 for more information. Independent Order of Odd Fellows Science Hill Lodge 414 Bingo session at 7 p.m. every Saturday and 2 p.m. every Sunday at Bingo Dome No. 2 on Enterprise Drive behind Somerset Mall. Eighty percent of proceeds to go to St. Jude Children’s Hospital. For more info call David Bass at 423-2969. Independent Order of Odd Fellows Science Hill Lodge 414 Is accepting new members and would like to invite old members looking for a lodge to join. Accepting men and women. Meetings on first and third Monday of each month, 6 p.m. Info: David Bass, 423-2969. Widows Eat Together Lunch at Ruckels, noon, second Thursday of each month. The only cost is your meals. Long-term Care Ombudsman Program Volunteers needed nationwide to make this program work. Its goal is to help assure that long-term care facility residents live harmoniously and with dignity, feeling free to voice complaints or concerns without reprisal. After training, volunteers spend 6-8 hours a month visiting assigned nursing homes. They talk with residents and observe conditions. If there is a complaint, they take it to their district ombudsman for resolution. Interested volunteers can contact the District Long-term Care Ombudsman at 1-800-264-7093. SAFY (Specialized Alternatives for Families and Youth) Meetings every second and fourth Tuesday at 5 p.m. for persons to learn more about therapeutic foster care. Held at the office at 3540 South U.S. 27, Suite 4, Light 21, Somerset. Hinkle Bell Extension Homemakers Meets the third Monday of each month. President is Betty Waddle. Nelson Valley Baptist Church AWANA each Wednesday night beginning at 6:30 p.m. Classes are available for age 2 years through high school. For additional information on the program call AWANA Director at 606-271-6552. Nelson Valley Baptist is located at 2651 Ky. 39, Science Hill. Lake Cumberland Area Alzheimer’s Caregiver Support Group Meets second Monday of each month beginning at 6 p.m. at Cumberland Church of Christ, 154 Turner St., Somerset. For additional information, call 606-219-0700. Parkinson’s Disease Support Group Meetings open to everyone. 3rd Friday of each month, 10-11 a.m. at Lake Cumberland Regional Hospital. Contact Arlene, Senior Friends Advisor, 678-3274. Pisgah’s Tuesday Night Jam Weekly, 6:30 p.m. Old Pisgah Schoolhouse. $2 donation. Proceeds benefit local charities. Free refreshments. Musicians and members of the community who enjoy country, bluegrass, folk, gospel music welcome. West off South Hwy. 27 at light #25 onto 914 Bypass. Schoolhouse is on the left. VFW Post 269 Meets third Thursday of each month except December. Free dinner at 6 p.m. Meeting starts at 7 p.m. Mending Fences Cowboy Church Meets every Thursday of at 6 p.m. If you are struggling with any addiction, join us! 1083 Columbia Ave., Monticello, KY 42633. KSP Post 11 Post will be conducting periodic traffic safety checkpoints at locations approved by the Kentucky State Police Policy and Procedures Manual in Clay, Laurel, McCreary, Pulaski, Rockcastle, Wayne and Whitley counties. Special attention paid to seatbelt adherence, sobriety, insurance and registration violations. Somerset Junior Women’s Club General meeting is the second Tuesday of every month, 6:30 p.m., at Pulaski County Public Library. All ladies welcome to come. Ages 18-101. DAV Monthly meeting the LAST Thursday of each month, July through October, beginning at 6:30 p.m. November and December are holiday events yet to be scheduled. Located at 349 W. Ky. 635, Science Hill (in the Head Start Building). Somerset Garden Club Meets once a month at various local locations for informational, plant artistry and social luncheons. We are looking forward to new members interested in gardening and our city projects. Contact Czarina Cain at 859-537-7160. Small Business Squad Networking group meets the 2nd & 4th Tuesday of each month at 8:30 a.m. For more information, visit facebook.com/SmallBusinessSquad . Love Divine Baptist Church Revelation Bible Study, Sunday evenings at 6 p.m. by Bro. Vestal Meece. Welcome. Wayne County Chapter #105 DAV & Auxiliary Meets first Monday of each month at Senior Citizens Center. 6-6:30 p.m. Refreshments; 6:30-7:30 p.m. DAV & Auxiliary Meets. Monticello, KY. Commander Jeff Morgan, 606-307-8719. Free Bible Studies Send request to: Bible Study, P.O. Box 44, Science Hill KY 42553. Or call: 931-227-6764 with Full Name, Mailing Address and ZIP Code. Speed Art Memories at the Museum Meets on the third Wednesday of every months from 1-2:30 p.m. EST, combining a tour of a gallery or special exhibition with a hands-on art-making activity. Designed for people with memory loss and their caregivers. Registration is required through the Alzheimer’s Association. Please call 1-800-272-3900.West Ham 0–5 Liverpool, Premier League 2024–25: Mohamed Salah, Trent Alexander-Arnold, Luis Diaz and Others Score As Merseysiders Thrash the Hammers To Maintain EPL Lead

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War goes online In today’s interconnected world, national security has ceased to revolve solely around armoured tanks, advanced missiles and formidable fighter jets. A hushed warzone is unfolding where wars are certainly fought, not anymore with guns and conventional weapons, but with malevolent algorithms and programmes. The dilemma becomes: Is Pakistan geared up and equipped to protect itself in this new nickelodeon of warfare? Unfortunately, the answer is a full-throated no. While we rush headlong into cyber age, Pakistan’s readiness to counter cyber threats continues to be alarmingly insufficient, putting the nation’s crown jewels in jeopardy by exposing them to breaches omnipotent to paralyze its economy, undermine its sovereignty and disrupt the fate of millions. Imagine opening you eyes one fine day and there is a blackout, banks cannot carry out transactions and the government’s sensitive information has fallen into the clutches of the enemy. This is not a snapshot from the silver screen but an unsettling reality which looms large and nations across the world have often come across. In 2021, fuel supplies across the East Coast in the USA were halted for approximately five days as a result of a ransomware cyberattack on Colonial Pipeline by a hacker group known as DarkSide. This incident shook one of the world’s most advanced economies. If a powerful nation like the USA is a sitting duck to such nefarious attacks, where do we stand? Can Pakistan manage to pay a ransom to cybercriminals if it falls prey to a large-scale cyberattack? What if our defense systems and critical infrastructure become captives? Pakistan is no stranger to cyberattacks. The Federal Board of Revenue (FBR) encountered a cyberattack in October 2023, on account of an outdated Microsoft Hyper-V software, resulting in a 72-hour outage of its websites. In addition, the recent power blackout in January 2023 also gives testimony of Pakistan’s power sector’s vulnerability to potential cybersecurity breaches. Pakistan’s banking sector is also in the lion’s den. From January to October 2024, Kaspersky reported a 114 per cent increase in banking and financial malware attacks compared to the same period in the previous year. This is just the tip of the iceberg in an era where states and non-state actors alike have resorted to cyberattacks as a sought-after weapon to bring their sinister objectives to fruition. Pakistan has made significant progress by elevating its position to the top-tier of the Global Cybersecurity Index (GCI) in 2024. Yet the country’s digital susceptibility is akin to leaving the front door wide open and providing an enemy a foothold. The evolving and complex nature of cyber technology necessitates a top-priority adaptive approach, one that is nimble enough to deal with the labyrinth of cyber technology and robust enough to weather the storm of fluxing cyberattacks. Pakistan’s cybersecurity endeavors are hamstrung by a shoestring budget and a skeleton cadre of well-trained professionals. The incumbent strategies like National Cybersecurity Policy 2021 and Pakistan Electronic Crimes Act (PECA) although well-intentioned and lay the groundwork are often lackluster in their implementation. Moreover, Pakistan allocates a needle in the haystack for its cybersecurity and its commitment towards cybersecurity is akin to patch a leaky roof with a band-aid, too thin to manage the storm of ever-evolving cyber challenges, in contrast to its neighbors who pour billions to shield their digital borders. The country’s digital infrastructure is significantly exposed and its approach to respond to cyberattacks has often been reactive rather than proactive. The repercussions of cold-shouldering cybersecurity are far-flung. One cyber-attack can block the functioning of the entire country, percolating through the economy, critical infrastructure and national defence, ultimately eroding public trust. Cyber-espionage can disrupt military operations by accessing classified intel and even by exploiting or destroying key technological assets. Our defence systems and once-formidable weapons can be transformed into paperweights by a single perfectly timed strike. Pakistan, embroiled in a tumultuous and fragile political landscape, has already succumbed to disinformation campaigns prevalent on social media fomenting discord and exacerbating existing political and sectarian divisions, making it difficult for denizens to distinguish between the reality and falsehood. Can we choose to gamble with the nations’ stability? After all, in Pakistan, beggars can’t be choosers– inaction and over-caution are luxuries we can’t afford. As the saying goes “An ounce of prevention is worth a pound of cure”. Pakistan must adopt a proactive and an all-encompassing approach to guard its digital borders. The country should opt for a unified Cyber-Command which can serve as a centralized body integrating all branches of military (Navy, Air Force, Army). This command would function as an epicentre for supervising cyber operations, strengthening both sword and shield in the dynamic sphere of offensive and defensive cyber warfare, and stand in as a swift-response task force to counteract cyber threats instantaneously. In addition, cyber ranges where recruits can practically pursue cyberwarfare simulations and drills must be developed. Our military doctrine must fully incorporate cybersecurity to establish a formidable and preemptive cyber deterrence frontline, making a bold statement about Pakistan’s commitment and readiness to protect its physical and virtual borders. Apart from military measures, the country must set an apt and skilled cyber-force as the North Star. Our youth should not only be armed with laptops but with necessary skills to shield the fortress of the homeland in times of need. A synergistic cooperation between public and private sectors can foment innovation and threat intel sharing. Laws like PECA should be strengthened and new legal frameworks akin to cybersecurity must be adopted, agile enough to keep pace with the fickle terrain of cyberspace. It must also be ensured that implementation of these laws proves to be efficient and seamless, with rapid-response forces always on watch in case of a breach. Pakistan should also spearhead international cybersecurity pursuits and align with countries which can equip us with requisite tools and expertise to advance our digital defence as in an increasingly integrated environment, solo efforts wont bear fruit. Cybersecurity is not exclusively the onus of the government; it’s a woven tapestry where each and every individual has a duty. The need of the hour goes beyond protection of the systems. Cultivation of a culture of consciousness and vigilance is the pressing requirement. Our educational curricula should be “cybered”. Educational institutions can play a significant role by incorporating cyber-optimized literacy courses and initiatives. The print and social media can be equally utilized to spread the word about the importance of cybersecurity. A cognizant and vigilant youth would not only make informed decisions but will trailblaze the future of this digital battlefield. Another key aspect is the lack of investment. A skinflinty and overly frugal approach will be the harbinger of devastating consequences. An unforeseen successful cyber strike could drain millions, not to speak of the loss of trust and credibility. Investing in cybersecurity might appear extravagant at the moment but the cost of complacency is going to be much more pronounced. It’s the beginning of the end. Today, cybersecurity is as important to national security as traditional defence. The world is moving in a new dimension where future wars will be fought in the virtual realm, not on conventional battlegrounds. Pakistan must act promptly or risk falling victim to this hushed battle. Will Pakistan answer the call of duty or will it remain a sitting duck? The countdown has begun and the choice is ours. Let’s pick wisely. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );

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Chinese President Xi Jinping will preside over a day of celebrations in Macau and inaugurate the city's new leader on Friday to mark 25 years since the former colony was returned to China. Macau is regarded by China as a shining example of its "One Country, Two Systems" model, and Xi praised the city as a "pearl in the nation's palm" at the start of his three-day visit. The Chinese casino hub has grown from a Portuguese trading outpost to the world's casino capital by gaming revenue and a popular destination for Chinese tourists. When Macau reverted to Chinese rule on December 20, 1999, Beijing promised that the city's "capitalist system and way of life shall remain unchanged for 50 years". Arriving in the city on Wednesday, Xi lauded Macau's "world-recognised success" in implementing the "One Country, Two Systems" framework and said the city had a bright future. "Macau is a pearl in the nation's palm, and I have always kept in my thoughts its development and the welfare of all its people," Xi said. The Chinese president added that he would use his trip for "extensive and in-depth exchanges with our friends from all places, and discuss plans for Macau's development". Friday's festivities will be centred around the inauguration of Sam Hou-fai, the former president of Macau's apex court, as the city's fourth post-handover leader, replacing Ho Iat-seng. Security was tight around the city on Thursday, with roadblocks set up around an event venue and authorities increasing checks on inbound visitors. Following the end of 442 years of Portuguese rule, Macau's fortunes have risen in lockstep with China's economic growth. It is the only place in China where casino gambling is permitted and has long surpassed Las Vegas as the world's top casino hub, fuelled by two decades of Chinese visitor spending. Macau, which has a resident population of 687,000, saw just over 29 million visitor arrivals in the first 10 months of the year. Its GDP has soared from $6.4 billion in 1999 to more than $47 billion last year, and its population is the richest in China on a per capita basis. Under orders from Beijing to diversify the economy, Macau leaders have proposed fields such as financial services, technology and Chinese medicine as new economic drivers. But as of November, gaming-related taxes still made up 81 percent of government revenue and experts say Macau is years away from weaning itself off casino wealth. Xi on Thursday visited the Macau University of Science and Technology and was "briefed on the development of two state-level key laboratories" that involved Chinese medicine and planetary science, according to state news agency Xinhua. He also visited the Guangdong-Macao In-Depth Cooperation Zone on Hengqin Island, speaking to residents and people there in charge of planning, construction, management and services, Xinhua reported. Hengqin Island, a landmass adjacent to Macau and three times its size, was partly leased by Beijing to Macau to boost its land supply for non-gaming development. hol/oho/scoShares of C3.ai experienced a significant downturn, falling 12% as KeyBanc downgraded the stock from Sector Weight to Underweight. C3.ai , a company offering platforms to enhance AI integration for businesses and government agencies, has been facing valuation concerns. Eric Heath , an analyst at KeyBanc, cited that C3.ai’s stock was valued at 13.3 times sales before the downgrade. This high valuation raised red flags, prompting a re-evaluation of the stock’s potential returns. Despite the stock’s decline, C3.ai still has a forward enterprise value-to-sales ratio of 11.3 times. Heath expressed concerns about C3.ai’s ability to meet average revenue expectations for fiscal 2026 and 2027. The concern stems from a year-over-year decline in subscription revenue growth, excluding upfront license fees, reported by the company in its latest quarter. This downgrade marks the second such move by a financial institution in December. Earlier, JPMorgan also downgraded C3.ai to Underweight, lowering its outlook based on minimal improvements in incremental margins. JPMorgan highlighted that C3.ai’s fiscal guidance might lead to a concerning -30% incremental margin. The termination of C3.ai’s partnership with Baker Hughes in 2025 combined with their new deal with Microsoft may not suffice to balance future expectations. While C3.ai shows potential, some analysts believe other AI stocks may offer more promise and better returns. Investors seeking favorable risk-to-reward ratios in AI stocks are advised to explore alternatives trading below five times their earnings. Why C3.ai Faces Challenges and Opportunities in the AI Stock Market C3.ai, a prominent player in AI integration for businesses and government entities, is navigating a challenging market landscape marked by significant stock downgrades and valuation concerns. This article delves into the key aspects affecting C3.ai’s current market position, providing insights into potential future trends, comparisons with competitors, and its strategic innovations. The recent stock downgrade by KeyBanc, shifting C3.ai from Sector Weight to Underweight, underscores the valuation pressures the company is facing. With its stock previously valued at 13.3 times sales, the high valuation raised concerns about sustainable growth and potential returns. Even after the downgrade, C3.ai still maintains a forward enterprise value-to-sales ratio of 11.3 times, which remains relatively high compared to other stocks within the AI sector. C3.ai’s ability to meet revenue expectations for fiscal years 2026 and 2027 is under scrutiny. Analyst Eric Heath highlighted a troubling trend: a year-over-year decline in subscription revenue growth, excluding upfront license fees. This decline signals potential challenges in maintaining long-term subscription appeal and revenue stability. In the rapidly evolving AI market, C3.ai’s recent downgrades have led investors to consider alternative stocks that offer more appealing risk-to-reward ratios. Analysts recommend exploring AI stocks trading below five times their earnings, which might present better opportunities for growth and returns. As C3.ai reassesses its strategies, comparisons with competitors could provide insightful benchmarks for investors. The termination of C3.ai’s partnership with Baker Hughes in 2025, juxtaposed with a new collaboration with Microsoft, highlights both challenges and strategic pivots. While the Microsoft deal could bolster C3.ai’s AI solutions and market presence, its sufficiency to compensate for the loss of Baker Hughes remains a topic of debate among analysts. Despite current challenges, C3.ai continues to advance its AI platform’s capabilities. The focus remains on enhancing scalability and integration with industry-specific applications. Observers predict that if C3.ai successfully adapts its business model and refines its technological offerings, it could regain investor confidence in the long run. The AI market shows robust growth potential, driven by increased demand for automation and intelligent analytics. C3.ai, known for its sophisticated AI applications, is well-positioned to leverage these trends. However, the ability to maintain innovation momentum and achieve sustainable financial performance will be crucial for future success. For more insights into AI markets and technology advancements, visit the C3.ai website.

LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world,” GM President Mark Reuss said. “This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti’s IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports’ NASCAR team and Wayne Taylor Racing’s sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1,” Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.’’ Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. The approval has been in works for weeks but was held until after last weekend’s Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night’s race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners,” Ben Sulayem said Monday. “I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application.” Despite the FIA’s acceptance of Andretti and General Motors from the start, F1 wasn’t interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process.” Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport,” Maffei said. “We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1.”

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Source: Comprehensive News

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