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A winless run through the Maui Invitational led to predictions of UConn’s demise after two straight national championships. Not so fast. Re-energized by a return trip home, the Huskies showed they’re still a formidable team with an impressive win over Baylor. UConn carried the momentum from that to Austin, where the Huskies beat Texas by 11. The pair of victories held a lot of sway with AP Top 25 voters, who moved the Huskies up seven spots to No. 18 in this week’s poll. “Maybe the people with the shovels and the dirt, maybe they were too quick to grab the shovel and throw the dirt on us,” UConn coach Dan Hurley said. The Huskies have another big game on Saturday, facing No. 8 Gonzaga at Madison Square Garden. The Zags have some impressive wins this season, including a blowout of Baylor and two victories at The Battle 4 Atlantis. Gonzaga is coming off one of college basketball’s best games of the early season, a 90-89 loss to No. 5 Kentucky in Seattle. Both teams will have at least six days to prepare for the game in the Garden, so it will likely be must-watch TV. Surging Cyclones Iowa State had its highest preseason ranking at No. 5 and, after a two-point loss to No. 2 Auburn, have climbed to their highest ranking in decades. The Cyclones beat No. 6 Marquette by 11 and blew out Jackson State, earning them a No. 3 ranking in this week’s poll — highest since 1956-57. Keshon Gilbert was named the Big 12 player of the week after scoring 24 points and adding seven assists in the win over Marquette. Iowa State has what should be an emotional game on Thursday, playing at rival Iowa. The Hawkeyes are off to a solid start at 7-2, but are coming off a two-point loss No. 14 Michigan. Vols on top Tennessee lost four starters from last year’s SEC championship team, but it has done nothing to slow the Vols down. Led by dynamic senior guard Chaz Lanier, Tennessee (8-0) is off to its best start since opening the 2000-01 season 9-0 and is No. 1 in the NET rankings. The Vols moved to No. 1 for the first time since 2018-19 season, moving up two spots after Kansas lost twice and Auburn lost to No. 4 Duke. “It doesn’t mean a whole lot other than its a compliment to the start we’ve gotten off to and it’s a compliment to them,” Vols coach Rick Barnes said. “They’ve certainly worked hard and they want to be No. 1, but they want to be No. 1 at the end of the year.” Tennessee kicked off its first week at No. 1 against Miami at Madison Square Garden on Tuesday, then heads to Champaign to face a tough Illinois team on Saturday. Aggies and Boilermakers No. 11 Purdue has handled losing two-time AP player of the year Zach Edey quite well. The Boilermakers already have wins over two ranked teams — No. 7 Alabama and No. 19 Ole Miss — and big man Trey Kaufman-Renn has been superb, averaging 18.9 points and 6.7 rebounds per game. Purdue gets another ranked team at home on Saturday. No. 17 Texas A&M opened the season with a loss to UCF, but has wins over Ohio State and Creighton. The Aggies knocked off Texas Tech in their last game and have one of the Big 12’s best guards in Wade Taylor IV, who’s averaging 16.1 points, 4.5 assists and 3.5 rebounds per game. Ratings variations The NET rankings released by the NCAA on Monday matched AP voters with Tennessee and Auburn at 1-2. KenPom came to a different conclusion, rating the Tigers ahead of the Vols. Bart Torvik came to a different conclusion completely, rating Houston — No. 15 in the AP poll — at No. 1, followed by Duke. Auburn was No. 3 and Tennessee right behind. The NET was much higher on Gonzaga, ranking the Zags third while they’re No. 8 in the AP poll. KenPom has Gonzaga fourth, behind Duke, with Bart Torvik putting the Zags fifth. Be the first to know Get local news delivered to your inbox!
For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter , with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that's the richest in baseball history. It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history. The way it's going, a contract approaching $1 billion doesn't seem out of the question. But several factors are working against it — at least in the near future. There's reason to believe the megadeals for Ohtani and Soto are unicorns in the baseball world. Both players are uniquely talented, surely, but both also had unusual circumstances propelling their value into the stratosphere. Ohtani is the greatest two-way player in baseball history, capable of improving any team on both sides of the ball. He's also the rare baseball player who has true international appeal . His every move ( like his unexpected marriage announcement ) is followed closely in his native Japan, adding another 125 million potential fans who buy merchandise, watch him play and help fill the Dodgers' coffers. Then there's Soto — a four-time All-Star and on-base machine who won a World Series with the Washington Nationals in 2019. The X-factor for him is he became a free agent at the prime age of 26, which is extremely hard to do under current MLB rules. Players have to be in the big leagues for six years before testing free agency. The precocious Soto debuted at 19 with the Nats, making him part of a rare group of players who reached the highest level of professional baseball as a teenager. That accelerated his free agency timeline. It's rare for players to debut that young, and rarer still for them to develop into stars and test the open market the first chance they get. Two recent examples are Manny Machado and Bryce Harper, who both reached free agency in 2019. Machado signed a free-agent record $300 million contract with San Diego, and Harper overtook him days later with a $330 million contract to join the Phillies. Most players debut in the big leagues from ages 22 to 26, which means free agency comes in their late 20s or early 30s. A typical example is Yankees slugger Aaron Judge, who is one of this generation's great players but didn't hit the market until he was 30. Judge played three seasons of college baseball for Fresno State before getting drafted by the Yankees in 2013 at age 21 — already two years older than Soto was when he made his MLB debut. It took a few years for the budding superstar to reach the majors, and he was 25 when he had his breakout season in 2018, smashing 52 homers to earn AL Rookie of the Year honors. By the time he reached free agency after the 2022 season, he had already passed age 30. It's a major factor that led to him signing a $360 million, nine-year deal with the Yankees, which seems downright reasonable these days after the Ohtani and Soto deals. Two major trends are colliding that will make it harder for guys like Soto to hit free agency in their mid 20s. First, MLB teams have been more likely in recent years to take college players early in the draft, betting on more experienced talents. Just 10 high school players were drafted among the top 30 picks in the 2024 draft . Second, teams are more eager to lock up young, premium talent on long-term deals very early in their careers, well before they hit free agency. Sometimes before they even reach the majors. Since Soto, just two players have debuted in MLB before their 20th birthday — Elvis Luciano and Junior Caminero. Luciano hasn't been back to the majors since his 2019 cup of coffee. Caminero is now 21 and has only played in 50 big league games. Among those that debuted at 20: Fernando Tatis Jr. signed a $340 million, 14-year deal with San Diego in 2021, years before reaching the open market. Milwaukee's Jackson Chourio got an $82 million, eight-year deal before even reaching the big leagues. Young stars Corbin Carroll ($111 million, eight years with Arizona), Bobby Witt Jr. ($288 million, 11 years with Kansas City) and Julio Rodriguez ($209.3 million, 12 years with Seattle) also got massive guarantees early in their 20s to forgo an early free agency. The exception and wild card: Blue Jays slugger Vladimir Guerrero Jr. will be a 26-year-old free agent next offseason. Guerrero hasn't been as consistent in his young career as Soto, but a standout 2025 season could position him to threaten Soto's deal. More likely is that the player to pass Soto isn't in the majors yet — and might not even be in pro baseball. When 25-year-old Alex Rodriguez signed his record $252 million, 10-year deal with Texas in 2001, it took over a decade for another player to match that total, when Albert Pujols got $240 million over 10 years from the Angels in 2012. For many players, passing up life-changing money in their early or mid 20s is too enticing, even if it means that they might not maximize their value on the free agent market later in their careers. Soto was determined to test the market. He famously turned down a $440 million, 15-year offer to stay with the Washington Nationals in 2022, betting that he could make even more as a free agent. Not many players would turn down that kind of cash. Then again, that's what makes Soto so unique. And it's also why his $765 million deal could be the industry standard for some time. ___ AP MLB: https://apnews.com/hub/mlb David Brandt, The Associated PressMalik kicked off his Stairway To The Sky tour in Leeds’s O2 Academy on Saturday (November 23) after rescheduling the original opening dates in Edinburgh due to Payne’s funeral on Wednesday (November 20). The Pillow Talk singer reunited with his fellow bandmates at the private service in Buckinghamshire to pay their final respects to Payne, following his death aged 31 in Argentina last month. Zayn Malik's tribute to Liam Payne at his concert in Leeds tonight. 🤍🕊️ pic.twitter.com/6M2ft26rsx Images shared on social media from Malik’s gig show a message was displayed on a large blue screen behind the singer which said: “Liam Payne 1993-2024. Love you bro” with a pink heart. The 31-year-old previously postponed the US leg of his Stairway To The Sky tour over the “heartbreaking loss” of Payne. He later rescheduled the Edinburgh shows, planned for November 20 and 21, to December due to “unforeseen circumstances”. Following the death of Payne, Malik said he “never got to thank” his fellow bandmate for supporting him through some of the “most difficult” times in his life. A post shared by Zayn Malik (@zayn) “I lost a brother when you left us and can’t explain to you what I’d give to just give you a hug one last time and say goodbye to you properly and tell you that I loved and respected you dearly”, he added in a statement shared to Instagram. “I will cherish all the memories I have with you in my heart forever. “There is no words that justify or explain how I feel right now other than beyond devastated. “I hope that wherever you are right now you are good and are at peace and you know how loved you are. Love you bro.” Recommended reading: The singer rose to fame alongside Payne, Harry Styles, Louis Tomlinson and Niall Horan when Simon Cowell put them together to form One Direction on ITV talent show The X Factor in 2010. Malik left One Direction in 2015 before the group went on indefinite hiatus in 2016, with the members all going on to pursue their own solo careers. Malik is set to perform a string of dates in the UK, including shows in London, Wolverhampton, Newcastle and Manchester, throughout the final two months of this year before kicking off the US leg in January.Strategic Advocates LLC grew its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,313 shares of the computer hardware maker’s stock after purchasing an additional 9,402 shares during the period. NVIDIA comprises approximately 4.5% of Strategic Advocates LLC’s holdings, making the stock its 8th biggest holding. Strategic Advocates LLC’s holdings in NVIDIA were worth $12,546,000 as of its most recent filing with the SEC. Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in NVIDIA by 4.3% in the first quarter. Vanguard Group Inc. now owns 213,335,626 shares of the computer hardware maker’s stock worth $192,761,538,000 after purchasing an additional 8,828,050 shares in the last quarter. Legal & General Group Plc increased its stake in shares of NVIDIA by 884.0% in the second quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker’s stock valued at $26,329,751,000 after buying an additional 191,469,114 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of NVIDIA by 854.1% in the second quarter. Bank of New York Mellon Corp now owns 182,622,629 shares of the computer hardware maker’s stock valued at $22,561,200,000 after buying an additional 163,482,580 shares during the last quarter. Ameriprise Financial Inc. lifted its position in NVIDIA by 870.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 102,422,225 shares of the computer hardware maker’s stock worth $12,658,922,000 after buying an additional 91,867,031 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in NVIDIA by 1,123.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 92,039,713 shares of the computer hardware maker’s stock worth $11,371,255,000 after acquiring an additional 84,515,429 shares during the last quarter. Institutional investors own 65.27% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on NVDA shares. Citigroup boosted their target price on shares of NVIDIA from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of NVIDIA from $155.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 price objective on shares of NVIDIA in a research report on Thursday. Piper Sandler boosted their target price on NVIDIA from $140.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Finally, Bank of America reiterated a “buy” rating and issued a $190.00 price target on shares of NVIDIA in a report on Thursday. Four investment analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $164.15. Insider Activity In related news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $119.27, for a total value of $119,270,000.00. Following the sale, the director now owns 5,852,480 shares of the company’s stock, valued at approximately $698,025,289.60. The trade was a 14.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director Mark A. Stevens sold 165,100 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $121.27, for a total value of $20,021,677.00. Following the transaction, the director now directly owns 8,420,117 shares of the company’s stock, valued at $1,021,107,588.59. This trade represents a 1.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 2,156,270 shares of company stock worth $254,784,327 over the last ninety days. Insiders own 4.23% of the company’s stock. NVIDIA Trading Down 3.2 % NVDA opened at $141.95 on Friday. The stock has a market capitalization of $3.48 trillion, a P/E ratio of 55.89, a P/E/G ratio of 1.53 and a beta of 1.66. The company has a current ratio of 4.10, a quick ratio of 3.79 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 12 month low of $45.01 and a 12 month high of $152.89. The firm’s fifty day simple moving average is $134.01 and its 200 day simple moving average is $122.28. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. The company had revenue of $35.08 billion for the quarter, compared to analyst estimates of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company’s quarterly revenue was up 93.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 earnings per share. As a group, research analysts anticipate that NVIDIA Co. will post 2.68 EPS for the current fiscal year. NVIDIA Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio is currently 1.57%. NVIDIA declared that its Board of Directors has authorized a share buyback program on Wednesday, August 28th that permits the company to buyback $50.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued. NVIDIA Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Further Reading Five stocks we like better than NVIDIA Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours? Vertiv’s Cool Tech Makes Its Stock Red-Hot What does consumer price index measure? MarketBeat Week in Review – 11/18 – 11/22 What is a Death Cross in Stocks? 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. ( NASDAQ:NVDA – Free Report ). 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The Trojans moved up three spots in the AP Top 25 after beating the then-No. 4 Huskies 72-70 on Saturday night in a rematch of last season's Elite Eight game that UConn won. "It feels great to get the dub always," USC star JuJu Watkins said after the victory. "I think it hit a little different knowing the history of last year and how they sent us home." This was the Trojans' first win ever over UConn. "This is a really significant win, and it's a really significant win because of the stature of UConn's program and what Geno Auriemma has done for our sport," USC coach Lindsay Gottlieb said. "It doesn't matter to me that they haven't won a championship in a couple years. There's still a way that they prepare, a way that they play, that makes you better, and it made us better." UCLA, South Carolina and Notre Dame remained the top three teams. The Bruins received 30 of the 32 first-place votes from a national media panel. The Gamecocks and the Fighting Irish each got one first-place vote. UConn fell to seventh behind Texas and LSU. Maryland, Oklahoma and Ohio State rounded out the top 10 teams. Falling Blue Devils Duke dropped five spots to No. 14 after losing to South Florida on Saturday. The Blue Devils' other two losses this season were to Maryland and South Carolina. The Bulls are 7-6 on the season, with four of those losses coming against ranked opponents (UConn, Louisville, TCU and South Carolina). Welcome back Alabama jumped back into the poll at No. 20 two weeks after falling out. The Crimson Tide had an impressive 82-67 victory over Michigan State, handing the Spartans their first loss of the season. It was Alabama's first victory over a ranked opponent this year. Conference breakdown The Southeastern Conference has eight teams in the poll this week with Alabama's return. The Big Ten is next with seven. The ACC has six while the Big 12 has three and the Big East one. Game of the week No. 23 Michigan at No. 4 USC, Sunday. The Wolverines start Big Ten play with a trip to Los Angeles to face the Trojans on Sunday and then the Bruins a few days later. Coach Kim Barnes Arico's young team is off to a 10-2 start.BIT Mining Limited to Hold Annual General Meeting on January 7, 2025
NEW YORK (AP) — U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The S&P 500 slipped 0.3% Tuesday and marked its first back-to-back losses in three weeks. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Oracle dragged on the market after reporting weaker growth than analysts expected. Treasury yields rose in the bond market ahead of Wednesday’s inflation report, which will be among the final big pieces of data before the Federal Reserve’s meeting on interest rates next week. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped by 0.2% in late trading, a day after pulling back from its latest all-time high . The index is on track for its first back-to-back losses in more than three weeks, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average was down by 7 points, or less than 0.1%, with roughly an hour remaining in trading, and the Nasdaq composite fell 0.3%. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report. C3.ai fell 2.1% despite reporting a smaller loss for the latest quarter than analysts expected. The AI software company increased its forecast for how big a loss it expects to take this fiscal year from its operations. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show roughly similar increases as the month before. That and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to lift the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 5.2% even though it beat analysts’ expectations for profit and revenue in the latest quarter. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January Elsewhere on Wall Street, Alaska Air Group soared 13.6% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 5.2% after saying it's resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.7% after the ski resort operator reported a narrower first-quarter loss than expected in what is traditionally its worst quarter. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed. Stan Choe, The Associated PressToronto Blue Jays Free Agent Target Juan Soto Reportedly Names His Asking Price - Sports Illustrated
128th Common Stock Monthly Dividend Increase Declared by Realty IncomeAnalysis: After Juan Soto's megadeal, could MLB see a $1 billion contract? Probably not soonDiamondbacks acquire Canadian 1st baseman Josh Naylor from Guardians
The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . NATCHITOCHES, La. (AP) — Chris Mubiru had 13 points to lead Northwestern State to a 71-58 victory over North Alabama on Sunday. Mubiru finished 5 of 6 from the field for the Demons (3-4). Jerald Colonel scored 12 points and added six rebounds. Landyn Jumawan had 12 points with two 3-pointers. Jacari Lane finished with 14 points to lead the Lions (4-3). Will Soucie added 13 points and Canin Jefferson scored nine. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .AP News Summary at 3:38 p.m. EST
NoneJimmy Butler trade destinations: How Heat star could fit with Warriors, Mavericks and Rockets
