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The banks’ boom is expected to slow, and the sale of new apartments is projected to decelerate, but 2025 is shaping up to benefit other sectors, particularly defense, insurance and construction. This is according to a report by the research division of Leader Capital Markets, which reviewed 2024’s market performance and provided forecasts for the coming year. Leader describes 2024 as a strong year for the Tel Aviv Stock Exchange, which outperformed many global markets despite significant challenges, including the escalation of war, two credit downgrades, a rising deficit, inflation, supply chain disruptions and the departure of foreign investors. 2 View gallery Tel Aviv Stock Exchange ( Photo: Orel Cohen ) For 2025, Leader strikes an optimistic tone, driven by expectations of an imminent conclusion to the war, alongside speculation that the Trump administration will advance normalization agreements with Saudi Arabia. Domestically, Leader anticipates a substantial return of foreign investors and sees little chance of a repeat of the internal conflicts that characterized 2023. At the close of 2023, Leader warned of potential credit losses for banks stemming from the war. However, by the end of 2024, the sector had exceeded expectations, with credit loss provisions reaching just 0.15% of public loans, well below the 0.75%-1.25% initially forecast. Get the Ynetnews app on your smartphone: Google Play : https://bit.ly/4eJ37pE | Apple App Store : https://bit.ly/3ZL7iNv This resilience was mirrored in bank stocks, as the Tel Aviv Banks 5 Index surged 39%, outperforming the broader TA-35 Index’s 25% gain. Additionally, credit growth returned, with most banks experiencing over 10% growth by year-end. Looking ahead, Leader expects higher credit loss provisions in 2025 due to the combination of elevated interest rates and rapid credit expansion. The economic impact of post-war policies is likely to weigh on loan portfolios. 2 View gallery ( Photo: Amit Shaal, Reuters ) Furthermore, inflation and interest rates, while still relevant, are expected to exert a more moderate influence on banks’ earnings. Leader also foresees continued pressure on banks to contribute to war-related costs, potentially through extended taxation measures introduced in 2024. Insurance sector: resilience and opportunity In contrast to the banking sector, the insurance industry faces relatively low risks, according to Leader. For 2025, improved underwriting quality and profitability are anticipated, supported by falling inflation and the adoption of the IFRS 17 standard. These factors, coupled with the absence of significant regulatory threats, create a favorable environment for insurers. Leader highlights that a high-interest-rate environment benefits insurance companies by allowing them to invest in low-risk, high-yield assets while requiring less capital allocation. Although interest rates are expected to remain relatively high, they are likely to begin a gradual decline. War-related impacts on the insurance sector have been limited thus far, and low unemployment levels in the economy have contributed to stable activity. This stability reduces the likelihood of significant withdrawals from savings policies or pension plans. Defense sector: sustained momentum The defense sector, which experienced strong growth in 2024 due to increased security budgets, heightened defense procurement and global conflicts, is poised to maintain its momentum into 2025. Leader notes that Israel’s advanced technological capabilities, demonstrated during the war, continue to serve as a key growth engine for the country’s defense companies, particularly the largest players. Sabina Podval Levy, head of research at Leader Photo: Aya Ben Ezri However, Leader warns that the potential conclusion of the war in Israel or Ukraine could slow this momentum in the short term. Despite this, long-term investments in rearmament and the modernization of military capabilities are expected to drive sustained growth. Construction and infrastructure: optimism amid challenges Leader’s analysis points to a cautiously optimistic outlook for the construction and infrastructure sectors in 2025. The anticipated end of the war and a reduction in interest rates are expected to alleviate financing pressures, while ongoing housing shortages and growing infrastructure needs should accelerate project volumes. Leader predicts that significant infrastructure tenders will be renewed in 2025, alongside progress in financial closures for existing tenders. These developments are likely to support the growth of major companies in the sector over the coming years. >
Investing.com -- KeyBanc upgraded Rockwell Automation Inc (NYSE:ROK) to "overweight" and raised price targets for Emerson Electric Company (NYSE:EMR) and WESCO International amid stabilisation in automation markets. Rockwell's price target was $345, with KeyBanc citing management’s renewed focus on cost-cutting and operational improvements under its new CFO. While near-term conditions remain uncertain, the firm sees stabilization in automation markets, which could support earnings growth and margin expansion for Rockwell. KeyBanc raised its price target for Emerson to $158 from $140 and for WESCO to $245 from $225, as the multi-industry stocks are expected to benefit such as onshoring, automation, and infrastructure investments as drivers of resilience in the sector. Although short-term conditions are expected to be volatile into early 2025, KeyBanc anticipates a modest recovery in organic volumes by mid-year, supported by easier comparisons, stabilizing inventories, and favorable end-market trends. Brokerage noted that multiples on multi industry stocks have expanded significantly, reflecting market expectations for a potential cycle inflection. Despite this, KeyBanc recommends companies with a blend of stabilizing markets, actionable initiatives, and reasonable valuations. While noting ongoing uncertainty around tariffs and broader market conditions, KeyBanc remains “selectively constructive”, favoring industrial tech players poised to benefit early from a potential recovery. Related Articles KeyBanc upgrades Rockwell Automation, raises targets for Emerson, WESCO California law, refinery exit reflect ongoing fuel market challenges, EIA says Boeing to lay off 396 employees in WashingtonNEW YORK , Dec. 18, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global In-car wi-fi market size is estimated to grow by USD 270.54 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 49.01% during the forecast period. Wide range of data plans for in-car wi-fi to suit individual needs is driving market growth, with a trend towards big data platform provided by connected cars. However, consumer reluctance to adopt in-car wi-fi poses a challenge.Key market players include: Verizon, Sprint PCS, Boost Mobile, MetroPCS, S. Cellular, T-Mobile, Hewlett Packard Enterprise Company, NETGEAR Inc., Cisco Systems Inc., KuWFi Technology Co. Ltd, Linksys, Teldat Group, Sierra Wireless, TP-Link, Huawei Technologies Co. Ltd., ZTE Corporation, Tracfone Wireless, Cricket Wireless, AT Mobility, and Virgin Mobile USA . Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF The automotive industry's expansion of connectivity solutions presents a significant opportunity for Original Equipment Manufacturers (OEMs) to create valuable products for customers, utilizing real-time data. This data, primarily from telematics devices, includes details such as date, time, speed, fuel consumption, and navigation. Annually, this data amounts to 6 MB to 20 MB per customer, totaling over 1 TB for 100,000 vehicles. Stakeholders, including insurance providers, can leverage this data to enhance revenue streams. For instance, usage-based insurance (UBI) can be priced individually based on driving behavior, fostering long-term, profitable customer relationships. CSC's 2016 introduction of UBI and telematics offerings is a testament to this trend, with more players anticipated during the forecast period. These factors are expected to fuel the growth of the global in-car wi-fi market. The In-Car Wi-Fi market is experiencing significant growth with the increasing demand for connectivity on the go. Companies are focusing on providing faster and more reliable internet connections through advanced technologies like 4G, 5G, and LTE. The use of Concepts like vehicle-to-vehicle communication and real-time traffic management is becoming common. The integration of infotainment systems and navigation services is also driving the market. Additionally, the convenience of updating maps and software in real-time is a major advantage. The future of In-Car Wi-Fi looks promising with the implementation of secure and cost-effective solutions. The use of Concepts like trackers and security systems is expected to increase. Overall, the In-Car Wi-Fi market is an exciting space to watch with numerous opportunities for innovation and growth. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! • The in-car wi-fi market faces challenges in consumer adoption due to the availability of smartphone hotspots and data sharing. However, understanding user needs and expectations is crucial for OEMs to create a successful in-car wi-fi experience. Security concerns may hinder growth, but active user involvement throughout development can ensure a seamless and satisfying solution. These factors may impede market growth during the forecast period. • The In-Car Wi-Fi market is experiencing significant growth, with an increasing number of automakers integrating this technology into their vehicles. However, there are challenges that need to be addressed to ensure seamless connectivity and reliable performance. One major challenge is ensuring strong and consistent signals in moving vehicles. Another challenge is providing secure and encrypted connections to protect user data. Additionally, cost and battery consumption are key considerations, as in-car Wi-Fi systems must be energy efficient and affordable for consumers. Finally, compatibility with various devices and operating systems is essential to cater to diverse user needs. Addressing these challenges will be crucial for the continued success and growth of the In-Car Wi-Fi market. Discover how AI is revolutionizing market trends- Get your access now! This in-car wi-fi market report extensively covers market segmentation by 1.1 3G and 4G 1.2 5G 2.1 Residential 2.2 Commercial 3.1 Europe 3.2 APAC 3.3 North America 3.4 Middle East and Africa 3.5 South America 1.1 3G and 4G- The in-car Wi-Fi market has witnessed significant growth due to the transition from 3G to 4G technology. 3G set the foundation for various smartphone technologies, but 4G offers faster data rates, improved security, and lower power consumption. Major automotive OEMs have adopted 4G LTE for in-car Wi-Fi, with General Motors being the first in 2015. However, the emergence of 5G technology may limit the growth of the 4G in-car Wi-Fi market in the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics The In-Car Wi-Fi market is experiencing significant growth due to the increasing demand for seamless connectivity in commercial vehicles. Digital devices such as laptops and tablets are becoming essential tools for both drivers and passengers, requiring reliable internet access on the go. Real-time tracking and fleet management systems, powered by artificial intelligence algorithms, are enhancing driver preferences and improving customer satisfaction. Autonomous vehicles are also embracing connectivity features, offering passengers an exceptional experience through mobile hotspots and infotainment systems. Car manufacturers and tech companies are collaborating to integrate dedicated modems and signal coverage solutions into their vehicles, making the Internet of Things a reality in the automotive industry. Entertainment and infotainment systems are becoming more advanced, offering a wide range of features to keep drivers and passengers engaged and connected. The In-Car Wi-Fi market refers to the provision of wireless internet connectivity within vehicles for passengers' use. This technology enables seamless internet access during travel, enhancing the in-car experience. It caters to various needs such as entertainment, work, and communication. The market is driven by factors like increasing consumer demand for connectivity, advancements in technology, and the integration of Wi-Fi into vehicle infotainment systems. The market also offers opportunities for collaboration between automotive and telecommunications industries. The future of In-Car Wi-Fi looks promising with the integration of 5G technology and the development of advanced features like real-time traffic updates and vehicle diagnostics. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Technology 3G And 4G 5G Application Residential Commercial Geography Europe APAC North America Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
Unofficial tallies in Irish election suggest some trouble for big figuresNewsVoir Bangalore (Karnataka) [India], December 14: Dr.Umesh Srinkantha, an expert spine doctor in Bangalore, and the Founder of Spine360, has come up with two significant achievements in spine care. The first one is the release of a new digital platform specifically created to improve patient accessibility. The second is the introduction of cutting-edge techniques in minimally invasive spine surgery. These improvements constitute a major step in modernising spine care in Bangalore. Also Read | Arunachal Pradesh Tank Collapse: 3 School Students Dead, 2 Injured As Overhead Water Tank Crashes at Alphonsa School in Naharlagun, Principal Detained. The recently launched digital platform offers speedier loading times, user-friendly navigation, and many educational resources. "Our aim was to provide a digital experience that reflects the top standards of our medical care," said Dr.Umesh Srikantha. "The enhanced site could be a comprehensive asset for patients looking for information about spine conditions and accessible treatment alternatives." Spine360 also remains at the forefront of development in minimally invasive spine surgery. Dr. Umesh Srikantha has successfully performed over 2,000 minimally invasive procedures and 4,500 brain and spine surgeries. He utilises the latest surgical navigation systems and advanced 3D imaging technology. "These minimally invasive techniques help reduce recuperation times considerably and improve results for our patients," Dr. Umesh Srikantha added. Also Read | Mumbai: After Massive Political and Public Furore, Central Railway Revokes Order To Raze 80-Year-Old Lord Hanuman Temple Outside Dadar Railway Station (Watch Video). Key features of Spine360's digital platform include: * Interactive educational resources that provide in-depth information about spine conditions. * Seamless appointment booking system. * In-depth insights into minimally invasive surgical options. * Patient testimonials and success stories. * Accessible tips on spine health and preventive care. The platform aligns seamlessly with Spine360's surgical innovations, which encompass: * Advanced surgical navigation systems, enabling precision and accuracy during procedures. * Intraoperative neuromonitoring to ensure safety * Minimally invasive techniques to reduce recovery time and patient discomfort. * Cutting-edge 3D imaging technology for precise surgical planning and execution. "By utilising a combination of digital accessibility with surgical excellence, we are setting a new benchmark in spine care," said Dr.Umesh Srikantha. "Patients now have easier access to vital information and can benefit from the most advanced surgical techniques available." About Spine360 Spine360, headed by Dr. Umesh Srikantha, is considered one of the best spine care centers in Bangalore. It emphasises less invasive ways of spine surgery and provides a whole range of spine-related care. It has operated for more than 40 years and has handled over 25,000 successful treatments. Spine360 is always the first one to offer the latest spine treatments and makes it a priority to meet the patients' needs. You can find out more at www.spine360.in Contact Person: Dr. Umesh Srikantha Address: 43/2, New Airport Road, NH 44, Sahakar Nagar, Hebbal, Bengaluru, Karnataka 560092 Ph No: 09731616061 Map: maps.app.goo.gl/3P7w1oQvY47Z7kF3A. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Police arrested a 26-year-old man on Monday in the Manhattan killing of UnitedHealthcare’s CEO after they say a Pennsylvania McDonald's worker alerted authorities to a customer who resembled the suspected gunman. The suspect, identified by police as Luigi Nicholas Mangione, had a gun believed to be the one used in Wednesday’s attack on Brian Thompson , as well as writings expressing anger at corporate America, police said. Here are some of the latest developments in the ongoing investigation: Mangione was taken into custody at around 9:15 a.m. after police received a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, about 85 miles (137 kilometers) east of Pittsburgh, police said. Mangione was being held in Pennsylvania on gun charges and will eventually be extradited to New York to face charges in connection with Thompson’s death, said NYPD Chief of Detectives Joseph Kenny. In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” Kenny said Mangione also had a ghost gun , a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said at a news conference. Officers also found a suppressor, “consistent with the weapon used in the murder,” the commissioner said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, Tisch said. Kenny said Mangione was born and raised in Maryland, has ties to San Francisco and that his last known address is in Honolulu, Hawaii. Mangione, who was valedictorian of his Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press on Monday. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. Some of the city’s wealthiest and most prominent people, including Orioles legend Cal Ripken Jr., have had children attend the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things,” according to a post on the school website. He praised their collective inventiveness and pioneering mindset. Mangione comes from a prominent Maryland family. His grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. A swarm of reporters and photographers gathered outside the entrance. Luigi Mangione is one of 37 grandchildren of Nick Mangione, according to his obituary. Luigi Mangione's grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes ranging from Catholic organizations to colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione. A spokesman for the lawmaker's office confirmed the relationship Monday. Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. on Wednesday. Just 11 minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspected shooter exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Lea Skene in Baltimore and Cedar Attanasio in New York contributed to this report. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get the latest local business news delivered FREE to your inbox weekly.
Ontario First Nations mull next steps on child welfare amid various legal opinions
Art Wager/E+ via Getty Images Summary AnaptysBio ( NASDAQ: ANAB ) is a biotechnology company focused on developing immunology therapeutics. The company strategy is centered around immune cell modulation, an approach that restores immune balance in autoimmune and inflammatory diseases. Their clinical-stage pipeline is Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ANAB over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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