Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It's a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It's all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person's response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn't happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It's not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn't respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I'm hoping it's slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.” The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
DALLAS — Delta and United became the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines , which recently filed for bankruptcy protection. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices. Other discount airlines are on much better financial footing than Spirit, but they too are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic . Most industry experts think Frontier Airlines and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks , and that there is still plenty of competition to prevent prices from spiking. Spirit Airlines lost more than $2.2 billion since the start of 2020. Frontier has not reported a full-year profit since 2019, though that slump might end this year. Allegiant Air’s parent company is still profitable, but less so than before the pandemic. Those kind of numbers led United Airlines CEO Scott Kirby to declare recently that low-cost carriers were using “a fundamentally flawed business model” and customers hate flying on them. Kirby’s touchdown dance might turn out to be premature, but many analysts are wary about the near-term prospects for budget airlines, which charge cheaper fares but more fees than the big airlines. A traveler speaks with a Spirit Airlines agent May 24 at Hartsfield-Jackson Atlanta International Airport ahead of Memorial Day in Atlanta. Low-cost airlines grew in the last two decades by undercutting big carriers on ticket prices, thanks in large part to lower costs, including hiring younger workers who were paid less than their counterparts at Delta Air Lines, United and American Airlines . Wages soared across the industry in the past two years, however, narrowing that cost advantage. The big airlines rolled out and refined their no-frills, “basic economy” tickets to compete directly with Spirit, Frontier and other budget carriers for the most price-sensitive travelers. The budget airlines became less efficient at using planes and people. As their growth slowed, they wound up with more of both than they needed. In 2019, Spirit planes were in the air an average of 12.3 hours every day. By this summer, the planes spent an average of two more hours each day sitting on the ground, where they don't make money. Spirit's costs per mile jumped 32% between 2019 and 2023. Another issue is that airlines added too many flights. Budget airlines and Southwest Airlines were among the worst offenders, but full-service airlines piled on. To make up for a drop in business travel, the big carriers added more flights on domestic leisure routes. The result: Too many seats on flights into popular tourist destinations such as Florida and Las Vegas, which drove down prices, especially for economy-class tickets. Rows of seats are shown Sept. 26 on a retrofitted Southwest Airlines jet at Love Field in Dallas. Low-cost airlines are responding by following the old adage that if you can't beat them, join them. That means going premium, following the rapidly growing household wealth among upper-income people. The top one-fifth of U.S. households by income added $35 trillion in wealth since 2019 and holds nearly nine times the wealth of the middle fifth, according to the Federal Reserve . Frontier Airlines organized its fares into four bundles in May, with buyers of higher-priced tickets getting extras such as priority boarding, more legroom and checked bags. The airline dropped ticket-change or cancellation fees except for the cheapest bundle. Spirit followed in August with similar changes, blocking middle seats and charging passengers more for the comfort of aisle and window seats. Spirit Airlines CEO Ted Christie received a $3.8 million retention bonus a week before the Florida-based carrier filed for Chapter 11 bankruptcy. Christie will retain the bonus if he remains with the company for another year. The airline's stock has dropped over 90% this year. It has faced challenges including a blocked $3.8 billion merger with JetBlue and failed talks with Frontier. The pandemic disrupted Spirit's operations and travel patterns, reducing its daily aircraft utilization and increasing costs. Demand has shifted to full-service airlines as higher-income travelers vacation more, while inflation impacts lower-income consumers. JetBlue Airways , which began flying more than 20 years ago as a low-cost carrier but with amenities, is digging out from years of steady losses. Under new CEO Joanna Geraghty, the first woman to lead a major U.S. airline, JetBlue is cutting unprofitable routes, bolstering core markets that include the Northeast and Florida, and delaying deliveries of $3 billion worth of new planes. Starting next year, Southwest Airlines will toss out a half-century tradition of “open seating” — passengers picking their own seat after boarding the plane. Executives say extensive surveying showed 80% of customers preferred an assigned seat, and that's especially true with coveted business travelers. More crowded planes also might be pushing passengers to spend more to escape a middle seat in the back of the plane. A Frontier Airlines jet takes off July 5, 2022, from Denver International Airport in Denver. In other parts of the world, budget carriers are doing just fine. They bounced back from the pandemic just like their more highbrow competitors. Some industry experts say low-cost carriers in Asia and Europe have always attracted a more diverse mix of passengers, while in the U.S., affluent and middle-class travelers look down their noses at low-cost carriers. Jamie Baker, an analyst for JPMorgan, says he has many college friends who work in London and fly Irish airline Ryanair all the time, but he hardly knows anyone who has ever been on a Spirit or Frontier plane. A small plane tows a banner April 13, 2016, over Flint Bishop International Airport as part of ceremonies marking Allegiant Air joining the airport. Delta CEO Ed Bastian is less dismissive of the “lower-end carriers” in the U.S. than United's Kirby. "I don’t see that segment ever disappearing,” Bastian said after Spirit’s bankruptcy filing. “I think there’s a market for it.” At the same time, he said the upscale moves by ultra-low-cost carriers are having no effect on his airline. Delta targets upscale travelers but also introduced basic-economy fares a decade ago, when discounters emerged as a growing threat to poach some of Delta's customers. “Just calling yourself a premium carrier and actually being a premium carrier are two totally different things,” Bastian said “It's not the size of the seat or how much room you have; it's the overall experience.” As frequent flyers know, air travel isn't cheap. With the summer months in full swing, demand for air travel is expected to reach record numbers in 2024 as airlines continue to recover after the COVID-19 pandemic. Luckily for those who are looking for ways to save on travel , one way to cut costs on your next vacation may be in finding the right places to fly in and out of. FinanceBuzz looked at average domestic airfares from the 45 busiest airports in the U.S. to learn which airports are best for travelers on a budget, as well as which ones to avoid if you are trying to travel affordably. Overall, the national average airfare cost decreased by 3.1% from 2022 to 2023 when adjusted for inflation (which translates to a 0.9% increase in non-adjusted dollars). The last time inflation-adjusted airfare costs dropped year-over-year was during the start of the COVID-19 pandemic, when it fell 18% between 2019 and 2020. Largely, this is good news for consumers who can spend less on airfare and have more room in their budget for hotels , restaurants, and other travel fees. In addition to earning rewards on airfare, most travel credit cards offer rewards for spending in these areas, which can offset overall vacation costs. For the third year in a row, Dulles International Airport (IAD) and San Francisco International Airport (SFO) have the two highest average fares in the country. Flights from Dulles cost $488.40 on average in 2023, while flights from San Francisco cost $444.59. Some silver lining for travelers who need to travel through Dulles: IAD is home to some of the best airport lounges in the country, including the recently-opened Capital One Lounge, available to Capital One Venture X or Venture Rewards credit card holders. With free food, drinks, and recharging stations, lounges can be one easy way to offset otherwise-expensive airport costs. Salt Lake City International Airport (SLC) has the third-highest average airfare in the country, with an average cost of $438.34. Last on our top-five list of the most expensive airports are Charlotte Douglas International Airport (CLT) and Detroit Metro Airport (DTW). Average airfare from Charlotte cost $436.80 last year, while flights from Detroit had an average price tag of $427.05. Seattle-Tacoma International Airport (SEA) was the biggest affordability winner over the last year, dropping prices by more than $18 on average. SEA jumped from 36th most-affordable place last year to 28th place this year — an increase of eight spots. Raleigh-Durham International Airport (RDU) and Portland International Airport (PDX) experienced similar jumps, rising by seven spots each. RDU went from 24th place in 2022 to 17th in 2023, while PDX went from 42nd to 35th. Two different airports fell by eight spots in our affordability rankings, tied for the biggest drop of the year. The average fare at Sacramento International Airport (SMF) rose by $18.66 year-over-year, which led SMF to go from 18th in last year's affordability rankings to 26th this year. Prices rose even more at St. Louis Lambert International Airport (STL), going up by $19.64 on average from one year to the next. Consequently, STL fell from 21st to 29th place in terms of affordability. As you plan your travel, you'll find costs can vary widely at a single airport. With a little research and smart planning, you can find a deal at any airport. Here are a few tips to save on airfare: We looked at 2023 airfare data released by the U.S. Department of Transportation in May 2024 to compare domestic airfares by origin city. This report calculated average fares based on domestic itinerary fares. "Itinerary fares" consist of round-trip fares, unless only a one-way ticket was purchased. In that case, the one-way fare was used. Fares are based on total ticket value, including the price charged by the airline plus any additional taxes and fees levied at the time of purchase. Fares include only the price paid at booking and do not include fees for optional services like baggage fees. Averages also do not include frequent-flyer or "zero fares" or a few abnormally high reported fares. This stor y was produced by FinanceBuzz and reviewed and distributed by Stacker Media. Based on Bureau of Transportation Statistics, the above chart shows inflation-adjusted average airline fares over the past 25 years. For this report, we compared domestic airfares from the 45 busiest airports in the U.S. using data published by the U.S. Department of Transportation . Orlando International Airport (MCO) had the lowest airfare cost in the country at $265.58 on average. Home to iconic theme parks like Universal Studios, Sea World, and most notably, Walt Disney World, Orlando is one of America's top tourist destinations. This is welcome news for those bracing for expensive park tickets and food prices at the House of Mouse. Beyond saving with a Disney credit card on park-related purchases, visitors can also maximize savings by using a credit card like the Chase Sapphire Reserve which offers an annual travel credit, or even using a 0% APR credit card if you don't want to pay for your entire vacation at once. Another Florida-based airport, Fort Lauderdale-Hollywood International Airport (FLL), has the second-lowest average airfare cost in the country — tickets here are only about $5 more expensive than Orlando's. Just a few dollars behind FLL is Las Vegas's Harry Reid International (LAS), where fares cost $272.15 on average. LAS is also the last airport on our list where average airfare costs are less than $300. Oakland International Airport (OAK) has the fourth-lowest average airfare costs in the country at $303.79. And the fifth-least expensive airport, Chicago Midway International (MDW), comes in at $308.27. Receive the latest in local entertainment news in your inbox weekly!Blockchain will be a game changer for independent artists, Web3 Media president says
Breaking New Ground in Cybersecurity: Innovative Strategies for a Safer Digital WorldInventus Mining Commences 80-Hole Drill Program at Pardo Receives OJEP Funding Support and ...We have seen our share of political dramas in our lifetime, but Vice President Sara Duterte’s recent actions—laced with reckless threats and melodrama—take the cake. Perhaps from Mary Grace? Lawyer Sara admitted to the criminal act of contracting a hitman for President Bongbong Marcos and his family. This, during a semi-siege at the Batasan Pambansa in defense of her chief of staff Atty. Zuleika Lopez. What have these antics exposed? Not just her disregard for decorum, but more significantly, her desperate attempts to deflect scrutiny from her office’s questionable spending of confidential funds. Her unravelling traces its roots to the unresolved issue of how her Office of the Vice President (OVP) expended P125 million in confidential funds daily in many areas in one day. Public outcry has centered on the flagrant lack of transparency and accountability in this robbery -like operation. The audacious speed and secrecy with which the funds—our money as taxpayers—were withdrawn, disbursed, and liquidated. The fast and furious maneuvers deserve at least one break to snack on Piattos. In this case, there’s no rest for the wicked. Many veteran career officials found the process alarming in its deviation from standard protocols. Duterte and her trusted inner circle, including Lopez, have offered little to assuage the people’s concerns. Instead, they have chosen the path of “bratinella” defiance and obfuscation. The brazenness of these transactions mirrors scenes from a crime thriller. Yet, this is no fictional “Money Heist”—it is a real-life plundering of public funds, a betrayal of trust by an office that not so long ago exemplified integrity. At its core, this is not about Duterte’s politics or her disagreements with the administration. It is about the audacious misuse of power and money meant for the Filipino people. Let’s never forget. Duterte’s profanity-laced tirades and theatrics serve one purpose: to distract us—the public—from the damning revelations being laid bare at the House hearings. Her threats to assassinate President Ferdinand Marcos Jr. and other high-ranking officials, while conditional and couched in dramatic language, are deeply troubling. They showcase a lack of judgment and restraint, but more importantly they also shift attention away from the pressing issue of financial accountability. The Vice President’s continued defense of Lopez adds another layer to this political circus. Her dramatic pledge to accompany Lopez to detention and her fiery attacks on the House’s leadership create a spectacle designed to evoke sympathy while undermining the constitutional principles of checks and balances. But we the people are not distracted. At the heart of this uproar lies a simple question: Where did the confidential funds go, and how were they spent? The entire nation is now demanding accountability. First, for Congress to push through with its investigation into the OVP’s confidential funds. Lawmakers must resist any attempts to derail the inquiry and ensure that Duterte and her aides are held accountable. Pay particular attention to the SDO (special disbursement officers). Second, we Filipino voters are demanding transparency. We will make our voices heard in the midterm elections in May. We will seize this opportunity to elect leaders committed to transparency and reform. Sara Duterte’s actions serve as a cautionary tale: Misplaced trust can embolden leaders to trample on the principles of good governance. That’s why we remind all public officials that their ultimate loyalty should be to us the people, not their inner circle. The Vice President may think she can deflect attention with threats and drama, but the Filipino people are watching. And we demand answers: Ibabalik ba ang nilustay na confidential funds? Though VP Sara tried to downplay her “kill threat”, claiming they weren’t a direct threat due to their conditional phrasing, the implications are very alarming and sets a dangerous precedent of political intimidation in our country’s governance. This is not mere bravado but a troubling sign of the volatility pervading Philippine politics today. At the same time, it raises serious questions about her judgment and fitness for office. The ramifications are stark; her threats foster a hostile atmosphere that may cripple effective governance and collaborative policymaking. If Duterte feels emboldened to threaten high-ranking officials, it may stifle honest debate and cooperation essential for solving critical issues, from healthcare to economic recovery. As calls for impeachment grow, propelled by concerns over her mental stability and allegations of misusing public funds, we must ask ourselves: Should the people still trust her who shouts invectives, incites fear rather than promote dialogue? The vice presidency position demands seriousness and decorum, not personal attacks or threats against rivals. Each time a leader resorts to intimidation over constructive engagement, they erode public trust and degrade civil discourse. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . In conclusion, it is time to demand more from our leaders: accountability, transparency, and respect for public service. We must move away from unjustified threats and embrace responsible governance. This moment should serve as a wake-up call, reminding us that democracy flourishes through active participation and accountability by the governed. The integrity of our political landscape hinges on this moment; let us step forward with purpose.
Himanta launches Assam State Commission For Right to Public ServicesFriday, December 20, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance New Visa Appointment Rules: US announces new visa appointment rules for Indians... Personal Finance New Visa Appointment Rules: US announces new visa appointment rules for Indians – Details here By Shyamu Maurya December 20, 2024 0 13 Share Facebook Twitter Pinterest WhatsApp Telegram New Visa Appointment Rules: US announces new visa appointment rules for Indians - Details here US Visa Appointment: Getting a US visa is a very challenging task. The main reason behind this is the waiting time for a visa appointment. The visa waiting time at the US embassies in India has exceeded one year, due to which it is taking a long time for Indians to get a visa. US Visa Appointment News: Indians will no longer have to wait long to get a US visa. The US Embassy is implementing new rules in India from January 1, 2025, for taking and rescheduling non-immigrant visa appointments. The US Embassy in India said in a statement, “To ensure that everyone has a fair chance to get a visa appointment interview and to reduce waiting times, we are making some changes.” People can now change their appointment date once without paying any additional fee. However, if you wish to reschedule for the second time or are unable to visit the embassy on the rescheduled date, you will have to take a new appointment and pay the fee again. “These changes will make it easier and faster to get an appointment. We urge people to come on their appointment date to keep the entire process smooth and fair,” Dutawa said. Long wait for visa appointment In fact, a lot of efforts are being made to reduce the waiting time for visa appointments, but it is not showing any benefit. The waiting time for visa appointments for Indian applicants is very long. For B1/B2 visas, one has to wait a long time for appointments at different US embassies in India. You may have to wait for 438 days in Mumbai, 479 days in Chennai, 441 days in Delhi, 436 days in Kolkata and 429 days in Hyderabad. There is some relief for those who can get interview waiver. There is a wait of 21 days for visas with interview waiver in Delhi and only 2 days in Kolkata. This is for those who have already gone to the US. In 2023, the US issued a record 14 lakh visas for Indians. The wait time for visitor visas decreased by 75%. But demand has increased again, putting pressure on the visa system, meaning it is getting harder to get a visa quickly. Join Informal Newz Tags New Visa Appointment Rules Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Saturday Bank Holiday: Banks will remain closed on Saturday? check the list of holidays Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com RELATED ARTICLES Personal Finance Saturday Bank Holiday: Banks will remain closed on Saturday? check the list of holidays December 20, 2024 Personal Finance Traffic Challan: Traffic challan will be forgiven, do this work immediately on 20 December December 20, 2024 Personal Finance Credit Card Late fee: Big news for credit card customers! Banks will now be able to charge more late fees from credit card customers,... 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Contact Us - Izon Web Pvt. Ltd. Hno. 789, Basement, Dlf Phase 4 Sector 43, Gurgaon, Haryana -122009, Call: +91-9110801499, 0124-4941700 Home Privacy Policy Authors and Team About Us Contact US Cookie Policy Disclaimer DNPA Code of Ethics Onwership and Funding Terms of Service Complaint Redressal. Fact-Checking Policy Correction policy हिन्दीMy Legacy Advisors LLC cut its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 8.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,389 shares of the computer hardware maker’s stock after selling 3,153 shares during the quarter. NVIDIA accounts for 1.6% of My Legacy Advisors LLC’s portfolio, making the stock its 12th largest holding. My Legacy Advisors LLC’s holdings in NVIDIA were worth $4,055,000 as of its most recent filing with the Securities & Exchange Commission. Several other large investors have also modified their holdings of the stock. Lowe Wealth Advisors LLC purchased a new stake in shares of NVIDIA during the second quarter worth $25,000. DHJJ Financial Advisors Ltd. raised its holdings in shares of NVIDIA by 1,900.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 200 shares of the computer hardware maker’s stock worth $25,000 after acquiring an additional 190 shares in the last quarter. CGC Financial Services LLC purchased a new stake in shares of NVIDIA during the second quarter worth $26,000. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of NVIDIA during the first quarter worth $27,000. Finally, Quest Partners LLC purchased a new stake in shares of NVIDIA during the second quarter worth $27,000. 65.27% of the stock is owned by institutional investors. Insider Activity In other news, Director John Dabiri sold 716 shares of NVIDIA stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the completion of the transaction, the director now owns 19,942 shares in the company, valued at approximately $2,831,764. The trade was a 3.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Also, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $119.27, for a total transaction of $119,270,000.00. Following the completion of the transaction, the director now owns 5,852,480 shares of the company’s stock, valued at $698,025,289.60. This trade represents a 14.59 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 2,036,986 shares of company stock worth $240,602,399. Insiders own 4.23% of the company’s stock. NVIDIA Stock Up 2.2 % NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.12. The firm had revenue of $35.08 billion during the quarter, compared to analysts’ expectations of $33.15 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The company’s revenue for the quarter was up 93.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.38 earnings per share. Equities analysts predict that NVIDIA Co. will post 2.76 EPS for the current fiscal year. NVIDIA declared that its board has initiated a share repurchase plan on Wednesday, August 28th that permits the company to repurchase $50.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 1.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued. NVIDIA Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Thursday, December 5th. NVIDIA’s dividend payout ratio is 1.57%. Analysts Set New Price Targets Several analysts recently issued reports on the company. Needham & Company LLC increased their price objective on NVIDIA from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Westpark Capital increased their target price on shares of NVIDIA from $127.50 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, August 29th. Bank of America reissued a “buy” rating and set a $190.00 target price on shares of NVIDIA in a research report on Thursday, November 21st. Stifel Nicolaus increased their target price on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, Evercore ISI increased their target price on shares of NVIDIA from $189.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Four investment analysts have rated the stock with a hold rating, thirty-nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.15. Get Our Latest Research Report on NVIDIA About NVIDIA ( 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. Featured Articles 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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Sierra Capital LLC trimmed its holdings in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,859 shares of the computer hardware maker’s stock after selling 700 shares during the period. Sierra Capital LLC’s holdings in NVIDIA were worth $3,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in shares of NVIDIA in the 3rd quarter valued at about $46,618,000. Mattern Wealth Management LLC boosted its holdings in shares of NVIDIA by 6.6% in the 3rd quarter. Mattern Wealth Management LLC now owns 33,265 shares of the computer hardware maker’s stock valued at $4,040,000 after buying an additional 2,045 shares in the last quarter. Rodgers & Associates LTD boosted its holdings in shares of NVIDIA by 1.9% in the 3rd quarter. Rodgers & Associates LTD now owns 11,555 shares of the computer hardware maker’s stock valued at $1,403,000 after buying an additional 220 shares in the last quarter. Sky Investment Group LLC boosted its holdings in shares of NVIDIA by 0.4% in the 3rd quarter. Sky Investment Group LLC now owns 289,558 shares of the computer hardware maker’s stock valued at $35,164,000 after buying an additional 1,093 shares in the last quarter. Finally, Traphagen Investment Advisors LLC boosted its holdings in shares of NVIDIA by 2.8% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 31,577 shares of the computer hardware maker’s stock valued at $3,835,000 after buying an additional 860 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors. Insider Activity at NVIDIA In other NVIDIA news, Director John Dabiri sold 716 shares of NVIDIA stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total transaction of $101,672.00. Following the sale, the director now owns 19,942 shares of the company’s stock, valued at $2,831,764. The trade was a 3.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $119.27, for a total transaction of $119,270,000.00. Following the sale, the director now directly owns 5,852,480 shares in the company, valued at approximately $698,025,289.60. This trade represents a 14.59 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 2,036,986 shares of company stock valued at $240,602,399. 4.23% of the stock is owned by company insiders. NVIDIA Price Performance NVIDIA ( NASDAQ:NVDA – Get Free Report ) last released its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $35.08 billion for the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter last year, the company earned $0.38 EPS. The firm’s revenue for the quarter was up 93.6% compared to the same quarter last year. As a group, equities research analysts anticipate that NVIDIA Co. will post 2.76 earnings per share for the current fiscal year. NVIDIA announced that its Board of Directors has initiated a stock repurchase program on Wednesday, August 28th that allows the company to buyback $50.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued. NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 5th will be paid a $0.01 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA’s dividend payout ratio is currently 1.57%. Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of NVIDIA from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Stifel Nicolaus lifted their target price on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Robert W. Baird lifted their target price on shares of NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Mizuho lifted their target price on shares of NVIDIA from $165.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, Benchmark lifted their target price on shares of NVIDIA from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Four equities research analysts have rated the stock with a hold rating, thirty-nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.15. View Our Latest Stock Report on NVIDIA NVIDIA Company 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. Recommended Stories Five stocks we like better than NVIDIA Bank Stocks – Best Bank Stocks to Invest In The Latest 13F Filings Are In: See Where Big Money Is Flowing Golden Cross Stocks: Pattern, Examples and Charts 3 Penny Stocks Ready to Break Out in 2025 CD Calculator: Certificate of Deposit Calculator FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential 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 ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .The FDA approved acellular tissue engineered vessel-tyod (Symvess, Atev; Humacyte Inc) for use in adults as a vascular conduit for extremity arterial injury when urgent revascularization is needed to avoid imminent limb loss and when autologous vein graft is not feasible. The approval follows positive results from the pivotal phase 2/3 V005 (NCT03005418) clinical trial. Image credit: JHVEPhoto | stock.adobe.com Humacyte Human Acellular Vessel (HAV) in Patients With Vascular Trauma NCT03005418 Humacyte, Inc. September 1, 2027 Symvess is a first-in-class bioengineered human tissue that is designed to be a universally implantable vascular conduit for use in arterial replacement and repair. Because harvesting vein from a trauma patient can take time during surgery, Symvess is available off-the-shelf, which does not require potential further injury to the patient to obtain vascular repair material via an invasive surgery. The Symvess trauma program was granted regenerative medicine advanced therapy designation by the FDA in May 2023, and in February 2024, it received a priority review. “The approval of a vascular conduit that resists infection and remodels into native arteries is an extraordinary technological advancement that will have a huge impact on the quality of trauma care around the world,” Charles J. Fox, MD, FACS, director of Vascular Surgery at the University of Maryland Capital Region, said in a news release. “Symvess is perfectly sized to treat most injuries, has excellent handling properties, and reduces time necessary to save both life and limbs.” The V005 (NCT03005418) trial, also called CLN-PRO-V005, is a prospective, multicenter, multi-cohort, non-randomized phase 2/3 study which enrolled patients with life- or limb-threatening vascular trauma which requires surgical repair. A limb cohort includes patients who require repair of a vessel contained to the upper or lower extremity, and a torso cohort includes patients who require repair of vessels within the thorax (excluding the heart), abdomen, and retroperitoneum. No control arms are included in this study. All patients received the investigational Symvess, which were used for arterial bypass or reconstruction. The device is implanted using a standard vascular surgical technique, similar to those used to place predicate peripheral vascular prostheses. The primary outcome measures are primary patency (defined as the interval from the time of access placement until any intervention designed to maintain or reestablish patency, access thrombosis or the measurement of patency), which was assessed at 30 days, and frequency and severity of adverse events (AEs), which was assessed at 36 months. A total of 69 patients with a mean age of 33.5 years were enrolled in the trial, of which the majority were male (n = 38). At day 30, the primary patency was approximately 84.3% (95% CI, 72.0%-91.8%) and secondary patency was 90.2% (95% CI, 79.0%-95.7%). Additionally, amputation rate was about 9.8% (95% CI, 4.3%-21.0%). Infection and death rates were also low, occurring in about 2.0% (95% CI, 0.4%-10.3%) and 5.9% (95% CI, 2.0%-15.9%) of patients, respectively. “I believe that Symvess will revolutionize vascular trauma care and be profoundly beneficial to our patients,” Rishi Kundi, MD, surgical critical care of vascular surgery at the University of Maryland Medical System, said in the news release. “From my experience so far, Symvess will allow reconstructions that are currently impracticable because of contamination and infection. It will make reconstructions that we now perform with prosthetic or even biologic grafts more successful.” Overall, AEs and serious AEs were frequent in V005 consistent with patients with acute injuries. According to the investigators, AEs of special interest, including thrombosis, rupture, aneurysm, and pseudoaneurysm, occurred at acceptable rates that were consistent with reports of other vascular conduits, including autologous vein and synthetic grafts. At 30 days, AEs of interest were reported for 8 patients and included thromboses and occlusions (resolved or unresolved), nonspontaneous rupture (n = 1), and infection of the conduit (n = 1). Additionally, all enrolled patients receiving Symvess presented multiple risk factors that could lead to wound infection, of which 20 patients developed 1 or more infectious events by day 30 (eg, bacteremia, fungemia, sepsis, and osteomyelitis). “The FDA approval of Symvess will make it the preferred conduit for complex vascular injuries, and particularly those at risk for infection,” Ernest E. Moore, MD, FACS, director of Research at the Ernest E. Moore Shock Trauma Center at Denver Health, said in the news release.
The Vietnam Coast Guard Ship CSB 8005 departed Kochi on Friday, after a successful visit strengthening the partnership between the Vietnam Coast Guard (VCG) and Indian Coast Guard (ICG), according to ICG officials. The four-day visit was aimed to enhance maritime cooperation and interoperability between the two maritime forces, they added. The centerpiece of the visit was a comprehensive sea exercise code named Sahayog Hop Tac off Kochi, a press release issued by Coast Guard said. This exercise was focused on critical maritime security issues and included a variety of scenarios, including Pollution Response Demonstration, in which Indian Coast Guard ships and aircraft showcased their expertise in responding to oil spills and other environmental hazards at sea, it stated. The exercise also simulated Visit Board Search and Seizure (VBSS) Operations for inspecting vessels suspected of illegal activity and for counter drugs interdiction, it added. During this exercise, Indian Coast Guard helicopter and Dornier aircraft conducted Search and Rescue drills, Pollution Response demonstrations, External Fire Fighting simulation and Medical Evacuation by helicopter, showcasing ICG ability to undertake various missions, the release said. Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. 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During the exercise, members from both the maritime agencies, embarked other country ship as observers. This provided the crews with the opportunity to observe operations from a varied perspective and imbibe best practice, the release said. The joint exercises proved valuable for both the Coast Guards allowing them to hone their skills and enhance their professional outlook, it added. The visit of the VCG CSB 8005 to Kochi serves as a powerful symbol of the growing partnership between the VCG and Indian Coast Guard through collaborative efforts, both nations are working towards a safer and secure maritime environment, the release said. "On 19 Dec 24, @IndiaCoastGuard warmly welcomed the crew of #VietnamCoastGuard Ship #CSB 8005 onboard #ICG Ship Saksham at #Kochi," Coast Guard PRO posted on 'X'. "Inspector General Bhisham Sharma, PTM, TM, #COMCG (West) hosted #VCG Senior Colonel Nguyen Minh Khanh, Chief of Staff, Coast Guard Region 3. Further, #ICG & #VCG conducted the joint exercise SAHYOG HOP TAC off #Kochi today, strengthening professional exchanges in MPR, MSAR & Law Enforcement," the post added. The VCG Ship CSB 8005 arrived Kochi on December 16 as a part of its ongoing overseas deployment to India. The four-day visit was marked by a series of engaging harbour activities to foster collaboration, the release said. The activities included cross-visits, where crew members from both the VCG and ICG had the opportunity to embark ships, gaining valuable insights into their capabilities and procedures, the release said. A beach cleanship drive at Fort Kochi and friendly volleyball match were also organised, which provided a lighthearted opportunity for crews to interact and build camaraderie, outside the professional setting, it added. On completion of the sea exercise, the Indian Coast Guard bid ceremonial farewell as per the Maritime Customs and traditions to the visiting VCG ship and escorted the vessel till territorial waters, the release added. (You can now subscribe to our Economic Times WhatsApp channel )