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David Beckham pays tribute to ‘heartbeat of Manchester United’ Kath PhippsCharleston Southern grabs late lead, stuns host Miami
Blockchain Supply Chain Global Market Projected to Surge from $1.28 Billion in 2023 to $13.33 Billion by 2028offer some of the best opportunities in my opinion, and December is shaping up to be a pivotal month for two of the most promising stocks: ( ) and ( ). Both healthcare players have a good set of tailwinds behind them and are rated highly by brokers. ResMed currently fetches $37.95 apiece, whereas CSL trades at $281.70 per share at the time of writing. Here's why I think these two ASX healthcare shares standout in December. ResMed shares continue ascent ResMed has had a stellar run in 2024, with shares up 50% this year to date. But experts say there is plenty of fuel left in the tank. In fact, several analysts believe the ASX healthcare share is positioned for growth into the future. The company's revenues were up 12% in FY24 to reach $4.7 billion, with free hitting an impressive $1.3 billion. That's 27.7 cents of free cash flow underneath every dollar of revenue. It's no wonder everyone ResMed shares. Growth was underscored by demand for its sleep apnoea products, and in patient enrolment for its 'myAir' app. But it's the future that counts for investors. According to CommSec, looking ahead, consensus projects ResMed to grow earnings by 20% from FY25 to FY27. The company could earn $1.54 per share by then. Ord Minnett ResMed's recent quarterly numbers. The broker sees continued growth in revenues and rates the ASX healthcare share a buy with a revised $40.05 price target. CSL: Standout ASX healthcare share this December CSL is one of Australia's greatest health company stories, transforming into a global behemoth with a of $136.40 billion at the time of writing. Shares have drifted lower this year and are down 2% in 2024 in a world where the broad markets have rallied. Despite this, the ASX healthcare share's fundamentals remain rock-solid in my view. Plus, several brokers reckon current prices are an attractive entry point. Bell Potter analysts recently highlighted CSL's and the start of a "margin recovery phase". This should "[drive] above-market earnings growth over the next few years", the broker says Bell Potter has set a price target of $345 on CSL shares, implying a potential upside of 22% from the ASX healthcare share's current price. Foolish takeout According to experts, both of these ASX healthcare shares have what it takes to deliver solid gains over the coming 12 months. In the last 12 months, CSL is up 7%, whereas ResMed has climbed 53%.
The New York Yankees have agreed to sign left-handed pitcher Max Fried to an eight-year, $218 million dollar contract -- the largest ever for a left-handed hurler, MLB.com reported Tuesday. The reported deal would be the fourth-largest for any pitcher, a list led by the Los Angeles Dodgers' 10-year, $700 million contract with Japanese superstar Shohei Ohtani. Fried would join right-hander Gerrit Cole in a formidable Yankees rotation. He had an 11-10 record with the Atlanta Braves last season with a 3.25 earned run average in 29 starts. Fried gave up 146 hits and 57 walks with 166 strikeouts for the Braves and tied the Major League Baseball lead with two complete games. The Yankees' reported signing of Fried comes after the club missed out on Dominican superstar Juan Soto, who entered free agency after playing for the Yankees last year but is reportedly headed to the New York Mets on a record-breaking 15-year, $765 million deal. bb/js © Agence France-PresseDavid Beckham pays tribute to ‘heartbeat of Manchester United’ Kath Phipps
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The New York Yankees have agreed to sign left-handed pitcher Max Fried to an eight-year, $218 million dollar contract -- the largest ever for a left-handed hurler, MLB.com reported Tuesday. The reported deal would be the fourth-largest for any pitcher, a list led by the Los Angeles Dodgers' 10-year, $700 million contract with Japanese superstar Shohei Ohtani. Fried would join right-hander Gerrit Cole in a formidable Yankees rotation. He had an 11-10 record with the Atlanta Braves last season with a 3.25 earned run average in 29 starts. Fried gave up 146 hits and 57 walks with 166 strikeouts for the Braves and tied the Major League Baseball lead with two complete games. The Yankees' reported signing of Fried comes after the club missed out on Dominican superstar Juan Soto, who entered free agency after playing for the Yankees last year but is reportedly headed to the New York Mets on a record-breaking 15-year, $765 million deal. bb/js © Agence France-PresseNEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Story continues below video All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.
EL SEGUNDO, Calif. (AP) — J.K. Dobbins will miss at least the next four games after the Los Angeles Chargers placed the running back on injured reserve Saturday. The team also placed safety Alohi Gilman on injured reserve and signed safety Tony Jefferson to the active roster. Dobbins sprained the MCL in his left knee late in the first half of the Chargers’ 30-23 loss to the Baltimore Ravens on Monday. Dobbins is fourth in the AFC in rushing with 766 yards and averages 4.8 yards per carry, third highest among AFC running backs with at least 100 carries. He has been considered among the candidates for AP Comeback Player of the Year after suffering a torn Achilles tendon in last season’s opener. Gus Edwards will be counted on to be the lead back in Dobbins' absence. Edwards missed four games during the middle of the season because of an ankle injury and has 25 carries for 93 yards in three games since returning to the lineup. The Chargers are 7-4 and hold the sixth seed in the AFC going into Sunday's game at NFC South leader Atlanta (6-5). Los Angeles is at Kansas City (10-1) in a prime-time game on Dec. 8, hosts Tampa Bay (5-6) on Dec. 15 and Denver (7-5) on Dec. 19. Gilman suffered a hamstring injury in the loss to the Ravens. He has 47 tackles, which is fifth on the team, along with one sack. Los Angeles also elevated cornerback Dicaprio Bootle and linebacker Jeremiah Jean-Baptiste from the practice squad for Sunday’s game. Get local news delivered to your inbox!
Tweet Facebook Mail An 18-year-old from the UK could be jailed for up to 20 years in Dubai for having sex with a girl less than a year younger than him. A short family holiday for Marcus Fakana, from London, has become a months-long nightmare following a short romance with a 17-year-old girl who was staying at the same hotel. The British government is now being urged to intervene on behalf of the Fakana family, the BBC reports. READ MORE: Death sentence for Thai woman accused of cyanide serial killings Briton Marcus Fakana, 18, is facing up to 20 years prison in Dubai for having consensual sex with a 17-year-old girl he met on holiday. (Detained in Dubai) (Supplied) The 18-year-old's ordeal began in September when the girl's mother spotted photos and social media chats of their romance and reported the relationship to Dubai police. The girl has since turned 18, according to human rights group Detained in Dubai. Marcus said the couple planned to continue their romance when they returned to the UK. "We had a wonderful time together. We really liked each other but she was secretive with her (British-Indian) family because they were strict," he told Radha Stirling, of Detained in Dubai. "My parents knew about our relationship but she couldn't tell hers. She had to meet me without telling them it was to see a boy." READ MORE: Man charged over alleged violent kidnapping in Sydney Dubai has a strict Islamic legal system and only recently legalised sex out of marriage. (Getty) Marcus was arrested by police at the hotel where he was staying with his parents. "They said they were taking me in for questioning but wouldn't tell me why," he said. "I couldn't imagine what for. I was frightened and my parents were terrified." He was held at the notorious Al Barsha police station for three days, unable to make a phone call or speak with his parents. World's safest cities ranked, with Australian state capital in top five View Gallery The UK Foreign, Commonwealth and Development Office told the BBC it was supporting a British man in the United Arab Emirates and was in contact with his family. Marcus' parents who work as warehouse cleaners were "worried sick" by their son's detention, according to Stirling. She says the Briton could face up to 20 years in jail owing to the country's strict laws about sex outside marriage. READ MORE: Scorching heat, fire warnings as millions of people swelter Britain's Foreign Secretary David Lammy. (AP Photo/Sergei Grits) (AP) "Dubai has only recently legalised out-of-wedlock sex for tourists but still hosts a strict Islamic legal system," said Stirling. "The girl was just a few months younger than Marcus and he didn't know that at the time. Since his arrest, she has turned 18 and Marcus would not be facing 20 years in jail. This is not something Dubai should be prosecuting." Marcus and his family are calling on the British Foreign Secretary David Lammy, who is also their local MP, to help them. The teenager is no longer being held in a police cell but is unable to leave Dubai. His family have been hit with bills of £2000 ($3900) for Airbnb accommodation until the resolution of his case.
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