The e-sports industry, once a niche market, has transformed into a global phenomenon, experiencing an extraordinary boom. The global e-sports market is projected to grow from $2.06 billion in 2024 to $9.29 billion by 2032, registering a CAGR of 20.7%. With billions of viewers tuning in to watch competitive gaming, the sector’s meteoric rise has led to an increasing demand for gaming peripherals and hardware. Brands associated with high-quality gaming equipment have been quick to seize this opportunity. Among them, Corsair Gaming, Inc. (CRSR) stands out as a key player. Known for its top-tier gaming peripherals, streaming equipment, and custom-built…
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Caution prevailed on Monday as the winner of the tightly contested presidential election may be unknown for days.United States stock indexes were trading flat to lower on Monday, as investors braced for a pivotal week for global markets in which Americans will elect a new president and the Federal Reserve is likely to cut its benchmark policy rate. Caution prevailed as the winner of the tightly contested election between Democratic candidate Kamala Harris and Republican nominee Donald Trump might not be known for days after the voting ends on Tuesday. Some of the so-called “Trump trades” lost ground after a recent…
Europe’s competitiveness at risk – Precious Metals industry urges EU to accelerate deployment of fuel cell electric vehicles before 2030 Precious Metals industry urges EU to accelerate deployment of fuel cell electric vehicles before 2030 Munich, 28th October 2024 – The International Platinum Group Metals Association (IPA) is calling on policymakers to urgently drive forward the deployment of fuel cell electric vehicles (FCEVs), alongside battery electric vehicles (BEVs), before 2030 to boost European competitiveness. Together with Heraeus Precious Metals and Johnson Matthey, two of the leading companies in the precious metals industry, the IPA published its position paper “Fuel Cell…
CHICAGO, Ill. (WTVO) — Illinois will invest $100 million in grant opportunities in an effort to reach “individuals at the highest risk of becoming victims or perpetrators of gun violence.” Organizations can apply for funding to support community violence intervention programs. The funding comes from the Government Alliance for Safe Communities through the Reimagine Violence Prevention Services Program, sponsored by the Illinois Department of Human Services, and the Lead Organization for Expanding Capacity for Community Violence Interventions – Street Outreach Services sponsored by the City of Chicago. The Reimagine Violence Prevention Services Program will provide $46 million to community-based organizations…
By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology. Shares of the data analytics company rose about 13% in extended trading. Palantir has benefited from a boom in GenAI technology, as more companies turn to its AI platform, which is used to test, debug code and evaluate AI-related scenarios. The company now expects 2024 revenue in a range of $2.805 billion to $2.809 billion, up from its prior expectation of $2.742…
Image source: Getty Images The easyJet (LSE: EZJ) share price is up 40.77% over the last year, and the recovery could have further to fly if analyst forecasts are to be believed. Time for me to hop on board? I was tempted to buy its shares a year ago, right at the start of their strong run. On 26 November last year, I noted that the budget airline had posted losses for three successive years. However, they’d narrowed from £1.03bn in 2021 to just £208m in 2022, and 2023 was expected to be profitable. The only thing that stopped me…
General Motors, the largest automaker in the US, maintained its lead in the market for the first nine months of the year, selling nearly 1.95 million vehicles. However, its Chevrolet brand is struggling. While GM’s sales declined by one percent during this period, Chevrolet’s sales dropped by a more significant three percent. The brand’s other models, though, helped offset this decline with positive results. The situation could worsen before it improves, as Chevrolet discontinued production of the sixth-generation Camaro in December 2023 and the affordable Malibu mid-size sedan this fall. Chevrolet Faces Transition with Camaro and Malibu Discontinued in 2023…
Jerome E. Schwind, the President and CEO of Isabella Bank Corp (OTC:ISBA), recently acquired additional shares of the company. According to a recent SEC filing, Schwind purchased 19.4458 shares of common stock on November 1, 2024, at a price of $20.57 per share, amounting to a total transaction value of approximately $400. Following this acquisition, Schwind’s total direct ownership stands at 28,267.4058 shares. This transaction reflects Schwind’s ongoing investment in the company he leads. In other recent news, Isabella Bank Corp has shown strong third-quarter performance, with a 3% pre-provision net revenue (PPNR) upside, driven by net interest margin (NIM)…
Ferrari has revealed the F80, the highly anticipated successor to the iconic LaFerrari. This new hypercar marks a departure from the traditional V12 engine, opting instead for a potent V6 hybrid powertrain. Despite the initial online controversy surrounding the V6 engine, the F80 boasts impressive performance figures. Its 3.0-liter twin-turbo V6, coupled with three electric motors, generates a combined output of 1,183 horsepower. This allows the F80 to accelerate from 0 to 62 mph in a blistering 2.15 seconds and reach a top speed of 217 mph. Ferrari Reveals F80 Hypercar: A New Hybrid V6 Successor to the LaFerrari (Ferrari)…
The world is witnessing a significant uptick in infrastructure spending, especially in emerging markets, as nations aim to modernize critical systems. Global infrastructure investment is expected to increase significantly in the upcoming years, with Asia and Africa driving a large share of this growth. This surge is largely fueled by urbanization, industrialization, and decarbonization efforts, all of which require a vast array of raw materials. Melbourne, Australia-based BHP Group Limited (BHP), one of the world’s largest and most diversified mining companies, is poised to benefit from this trend. Its diversified portfolio—ranging from copper and iron ore to potash and coal—positions…