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bjdlzx Peyto ( OTCPK:PEYUF ) does not even know that there are low natural gas prices thanks to its hedging program . This Canadian natural gas producer ( that reports in Canadian dollars unless otherwise noted) raked in revenue I analyze oil and gas companies like Peyto and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a free two-week trial . Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. Oil & Gas Value Research Learn more Analyst’s Disclosure: I/we have a beneficial long position in the shares of PEYUF either through stock ownership, options, or other derivatives. 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. Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation for the purchase or sale of stock. Investors are advised to review all company documents and press releases to see if the company fits their own investment qualifications. 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.NoneJEDDAH, Saudia Arabia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- “Saudia,” the national flag carrier of Saudi Arabia, is proud to announce another year of significant fleet expansion and modernization. Over the past two years, the airline introduced several strategic partnerships to further Saudia Group’s objective of connecting the world with the Kingdom and supporting key pillars of Saudi Vision 2030 , while simultaneously enhancing comfort and efficiency for Saudia guests. Notable expansion and modernization initiatives include: Airbus Agreement: Saudia has signed a historic deal for 105 aircraft , the largest in Saudi aviation history. These aircraft will be distributed between Saudia and flyadeal, the group's low-cost carrier. Saudia will acquire 54 A321neo aircraft, while flyadeal will receive 12 A320neo and 39 A321neo aircraft. These aircraft feature spacious cabins and interior designs and equipped with the latest amenities and technology, while emitting 20 percent less fuel burn and carbon emissions than previous generations. Largest Investment in Guest Experience : Saudia has announced its largest investment to date in enhancing guest experience, highlighted by the introduction of a groundbreaking AI-powered "Travel Companion." This innovative technology leverages Saudi Arabia's rich cultural heritage and reliable data to provide an immersive, personalized travel experience. By utilizing data-driven personalization and universal integration, the virtual travel companion simplifies travel planning for visitors. The investment also includes the transformation of business class cabins, the introduction of high-speed in-flight internet, and unparalleled onboard entertainment options. This landmark investment underscores Saudia’s commitment to delivering a seamless and exceptional travel experience for its guests. Seat Retrofit Program: Saudia joined forces with Collins Aerospace to introduce state-of-the-art Business and Economy Class seats and retrofit seat enhancements. This program aims to improve functionality and aesthetics for Saudia’s current Airbus A330 and Boeing 777 fleet. Additionally, Saudia Technic will establish localized repair capabilities and select spare manufacturing capabilities, optimizing in-house repair capabilities and streamlining product support. B oeing Dreamliner Agreement: Saudia and Boeing announced the order of 49 fuel-efficient 787 Dreamliner aircraft by 2026, helping Saudia grow its long-haul fleet, improving efficiency, range, and flexibility. In-Flight Entertainment: Saudia announced a partnership with Astrova, Panasonic Avionics’ next-generation IFE seat-end solution. This collaboration will bring industry-leading 4K OLED screens, Panasonic Avionics’ latest Bluetooth technology, programmable LED lighting, and 100W direct current USB-C power to Saudia’s fleet, creating a fully immersive onboard entertainment experience. These strategic partnerships and investments underscore Saudia’s commitment to providing an exceptional travel experience for guests while optimizing operational efficiency and modernization across its growing fleet. For more details on Saudia’s aircraft and available experiences, or to book travel, visit https://www.saudia.com/pages/experience . About Saudia Saudia (Saudia Airlines) is the national flag carrier of the Kingdom of Saudi Arabia. Established in 1945, the company has grown to become one of the Middle East’s largest airlines. Saudia has invested significantly in upgrading its aircraft and currently operates one of the youngest fleets. The airline serves an extensive global route network covering around 100 destinations across four continents, including all 28 domestic airports in Saudi Arabia. A member of the International Air Transport Association (IATA) and the Arab Air Carriers Organization (AACO), Saudia has also been a member airline in SkyTeam, the second largest alliance, since 2012. Saudia was recently recognized as the World’s Most Improved Airline 2024 by Skytrax, marking the third time it has received this accolade, alongside 14 other distinguished awards. Saudia has been honored as the World Class Airline for 2024 at The APEX Official Airline RatingsTM awards, marking the third consecutive year the airline has received this prestigious recognition. Additionally, ranked top among global airlines for best on-time performance (OTP) according to a report by Cirium. For more information on Saudia, please visit www.saudia.com . Media Center Saudi Arabian Airlines Headquarters Jeddah 21231, Kingdom of Saudi Arabia Email: mediacenter@saudia.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d017fc0-4a0b-4372-8843-fbbc7a8089ff

For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that's the richest in baseball history. It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history. The way it's going, a contract approaching $1 billion doesn't seem out of the question. But several factors are working against it — at least in the near future. There's reason to believe the megadeals for Ohtani and Soto are unicorns in the baseball world. Both players are uniquely talented, surely, but both also had unusual circumstances propelling their value into the stratosphere. Ohtani is the greatest two-way player in baseball history, capable of improving any team on both sides of the ball. He's also the rare baseball player who has true international appeal. His every move ( like his unexpected marriage announcement ) is followed closely in his native Japan, adding another 125 million potential fans who buy merchandise, watch him play and help fill the Dodgers' coffers. Then there's Soto — a four-time All-Star and on-base machine who won a World Series with the Washington Nationals in 2019. The X-factor for him is he became a free agent at the prime age of 26, which is extremely hard to do under current MLB rules. New York Yankees' Juan Soto, right, with the help of his agent Scott Boras, left, agreed to a $765 million, 15-year deal with the New York Mets on Sunday. Players have to be in the big leagues for six years before testing free agency. The precocious Soto debuted at 19 with the Nats, making him part of a rare group of players who reached the highest level of professional baseball as a teenager. That accelerated his free agency timeline. It's rare for players to debut that young, and rarer still for them to develop into stars and test the open market the first chance they get. Two recent examples are Manny Machado and Bryce Harper, who both reached free agency in 2019. Machado signed a free-agent record $300 million contract with San Diego, and Harper overtook him days later with a $330 million contract to join the Phillies. Most players debut in the big leagues from ages 22 to 26, which means free agency comes in their late 20s or early 30s. A typical example is Yankees slugger Aaron Judge, who is one of this generation's great players but didn't hit the market until he was 30. Judge played three seasons of college baseball for Fresno State before getting drafted by the Yankees in 2013 at age 21 — already two years older than Soto was when he made his MLB debut. It took a few years for the budding superstar to reach the majors, and he was 25 when he had his breakout season in 2018, smashing 52 homers to earn AL Rookie of the Year honors. By the time he reached free agency after the 2022 season, he had already passed age 30. It's a major factor that led to him signing a $360 million, nine-year deal with the Yankees, which seems downright reasonable these days after the Ohtani and Soto deals. Two major trends are colliding that will make it harder for guys like Soto to hit free agency in their mid 20s. First, MLB teams have been more likely in recent years to take college players early in the draft, betting on more experienced talents. Just 10 high school players were drafted among the top 30 picks in the 2024 draft. Second, teams are more eager to lock up young, premium talent on long-term deals very early in their careers, well before they hit free agency. Sometimes before they even reach the majors. Juan Soto's deal comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. Since Soto, just two players have debuted in MLB before their 20th birthday — Elvis Luciano and Junior Caminero. Luciano hasn't been back to the majors since his 2019 cup of coffee. Caminero is now 21 and has only played in 50 big league games. Among those that debuted at 20: Fernando Tatis Jr. signed a $340 million, 14-year deal with San Diego in 2021, years before reaching the open market. Milwaukee's Jackson Chourio got an $82 million, eight-year deal before even reaching the big leagues. Young stars Corbin Carroll ($111 million, eight years with Arizona), Bobby Witt Jr. ($288 million, 11 years with Kansas City) and Julio Rodriguez ($209.3 million, 12 years with Seattle) also got massive guarantees early in their 20s to forgo an early free agency. The exception and wild card: Blue Jays slugger Vladimir Guerrero Jr. will be a 26-year-old free agent next offseason. Guerrero hasn't been as consistent in his young career as Soto, but a standout 2025 season could position him to threaten Soto's deal. More likely is that the player to pass Soto isn't in the majors yet — and might not even be in pro baseball. When 25-year-old Alex Rodriguez signed his record $252 million, 10-year deal with Texas in 2001, it took over a decade for another player to match that total, when Albert Pujols got $240 million over 10 years from the Angels in 2012. For many players, passing up life-changing money in their early or mid 20s is too enticing, even if it means that they might not maximize their value on the free agent market later in their careers. Soto was determined to test the market. He famously turned down a $440 million, 15-year offer to stay with the Washington Nationals in 2022, betting that he could make even more as a free agent. Not many players would turn down that kind of cash. Then again, that's what makes Soto so unique. And it's also why his $765 million deal could be the industry standard for some time. Stiliana Nikolova, of Bulgaria performs in the rhythmic gymnastics individuals all-round qualification round, at La Chapelle Arena at the 2024 Summer Olympics, Thursday, Aug. 8, 2024, in Paris, France. (AP Photo/Francisco Seco) Cincinnati Reds' Jonathan India reacts as he collides with San Diego Padres catcher Luis Campusano during the second inning of a baseball game Tuesday, May 21, 2024, in Cincinnati. India was safe and Campusano was charged with an error. (AP Photo/Carolyn Kaster) Kimberley Woods of Britain competes in the women's kayak cross time trial at the 2024 Summer Olympics, Friday, Aug. 2, 2024, in Vaires-sur-Marne, France. (AP Photo/Kirsty Wigglesworth) Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Aryna Sabalenka of Belarus plays a forehand return to Coco Gauff of the U.S. during their semifinal match at the Australian Open tennis championships at Melbourne Park, Melbourne, Australia, Thursday, Jan. 25, 2024. (AP Photo/Louise Delmotte) Noah Lyles, of the United States, jumps as he limbers-up ahead of the men's 100-meters final at the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Nanterre, France. (AP Photo/Petr David Josek) A member of the Seattle Mariners tosses a ball against a wall during drills at spring training baseball workouts, Thursday, Feb. 15, 2024, in Peoria, Ariz. (AP Photo/Lindsey Wasson) Rebecca Sramkova of Slovakia waits to receive serve during her first round match against Marta Kostyuk of Ukraine at the Wimbledon tennis championships in London, Monday, July 1, 2024. (AP Photo/Kirsty Wigglesworth) Czech Republic's Jiri Beran, left, competes with France's Yannik Borel in the men's team epee bronze final match during the 2024 Summer Olympics at the Grand Palais, Friday, Aug. 2, 2024, in Paris, France. (AP Photo/Abbie Parr) France's Adrien Truffert jumps over Argentina's goalkeeper Geronimo Rulli during a quarterfinal soccer match between France and Argentina, at Bordeaux Stadium, during the 2024 Summer Olympics, Friday, Aug. 2, 2024, in Bordeaux, France. (AP Photo/Rebecca Blackwell) Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, Tuesday, Oct. 29, 2024, in New York. (AP Photo/Ashley Landis) Italy's Sara Curtis splashes her face with water before a women's 50-meter freestyle semifinal at the Summer Olympics in Nanterre, France, Saturday, Aug. 3, 2024. (AP Photo/Natacha Pisarenko) Ivory Coast 's Seko Fofana, top, duels for the ball with Nigeria's Victor Osimhen during the African Cup of Nations final soccer match between Nigeria and Ivory Coast, at the Olympic Stadium of Ebimpe in Abidjan, Ivory Coast, Sunday, Feb. 11, 2024. (AP Photo/Sunday Alamba) Costa Rica midfielder Jefferson Brenes, from left, Alvaro Zamora (21), Francisco Calvo (15) and Joseph Mora (8) are pelted with drinks and trash after celebrating a Brenes goal in the second half of a CONCACAF Nations League Play-In soccer match against Honduras, Saturday, March 23, 2024, in Frisco, Texas. (AP Photo/Julio Cortez) Gabrielle Thomas, of the United States, celebrates winning the gold medal in the women's 200 meters final at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, in Saint-Denis, France. (AP Photo/Ashley Landis) Tyrrell Hatton, of England, reacts on the 11th hole during a practice round in preparation for the Masters golf tournament at Augusta National Golf Club Wednesday, April 10, 2024, in Augusta, GA. (AP Photo/Ashley Landis) Quincy Hall, of the United States, celebrates after winning the men's 400-meter final at the 2024 Summer Olympics, Wednesday, Aug. 7, 2024, in Saint-Denis, France. (AP Photo/David J. Phillip) Tim Tszyu, of Australia, hits Sebastian Fundora in a super welterweight title bout Saturday, March 30, 2024, in Las Vegas. (AP Photo/John Locher) Baltimore Ravens wide receiver Zay Flowers takes the field prior to an NFL football game against the Buffalo Bills, Sunday, Sept. 29, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough) Workers peep through curtains to watch a match between France's Gael Monfils and Russia's Daniil Medvedev during the China Open tennis tournament held at the National Tennis Center in Beijing, Friday, Sept. 27, 2024. (AP Photo/Ng Han Guan) Amy Yang, of South Korea, is doused after winning the Women's PGA Championship golf tournament at Sahalee Country Club, Sunday, June 23, 2024, in Sammamish, Wash. (AP Photo/Lindsey Wasson) Workers remove snow from Highmark Stadium in Orchard Park, N.Y., Sunday Jan. 14, 2024. (AP Photo/ Jeffrey T. Barnes) United States' Mikaela Shiffrin speeds down the course during an alpine ski, women's World Cup slalom, in Gurgl, Austria, Saturday, Nov. 23, 2024. (AP Photo/Gabriele Facciotti) Real Madrid's Vinicius Junior, left, scores his side's second goal during a Spanish La Liga soccer match between Real Madrid and Almeria at the Santiago Bernabeu stadium in Madrid, Spain, Sunday, Jan. 21, 2024. (AP Photo/Bernat Armangue ) Czech Republic's Michal Kempny, right, punches United States' Brady Tkachuk during the quarterfinal match between Czech Republic and United States at the Ice Hockey World Championships in Prague, Czech Republic, Thursday, May 23, 2024. (AP Photo/Petr David Josek) Turkey's Taha Akgul, left, competes with Georgia's Geno Petriashvili in a men's freestyle 125 kg category gold medal wrestling match during the European Wrestling Championships, in Bucharest, Romania, Sunday, Feb. 18, 2024. (AP Photo/Andreea Alexandru) Kansas City Chiefs guard Trey Smith cries after winning the NFL Super Bowl 58 football game against the San Francisco 49ers, Sunday, Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/Eric Gay) Carles Coll Marti of Spain competes in the men's 200-meter breaststroke heat at the World Aquatics Championships in Doha, Qatar, Thursday, Feb. 15, 2024. (AP Photo/Lee Jin-man) Los Angeles Lakers forward LeBron James (23) shoots between New Orleans Pelicans guard Trey Murphy III and guard CJ McCollum in the second half of an NBA basketball play-in tournament game Tuesday, April 16, 2024, in New Orleans. The Lakers won 110-106. (AP Photo/Gerald Herbert) A man in a monk's robe waves the French flag as the peloton passes during the sixth stage of the Tour de France cycling race over 163.5 kilometers (101.6 miles) with start in Macon and finish in Dijon, France, Thursday, July 4, 2024. (AP Photo/Daniel Cole) Belgium's Jeremy Doku, left, challenges for the ball with Romania's Andrei Ratiu during a Group E match between Belgium and Romania at the Euro 2024 soccer tournament in Cologne, Germany, Saturday, June 22, 2024. (AP Photo/Alessandra Tarantino) A spectator walks through a water mist sprayer on her way to Eiffel Tower Stadium to watch a beach volleyball at the 2024 Summer Olympics, Sunday, July 28, 2024, in Paris, France. (AP Photo/Robert F. Bukaty) Gabriel Medina, of Brazil, kicks off of a wave as he warms up prior to the quarterfinals round of the 2024 Summer Olympics surfing competition, Thursday, Aug. 1, 2024, in Teahupo'o, Tahiti. (AP Photo/Gregory Bull) Rebeca Andrade, of Brazil, is reflected on a surface as she performs on the balance beam during the women's artistic gymnastics all-around finals in Bercy Arena at the 2024 Summer Olympics, Thursday, Aug. 1, 2024, in Paris, France. (AP Photo/Charlie Riedel) Wyndham Clark waits to hit on the 17th hole during the first round at the Masters golf tournament at Augusta National Golf Club Thursday, April 11, 2024, in Augusta, Ga. (AP Photo/Matt Slocum) Kolkata Knight Riders' wicketkeeper Rahmanullah Gurbaz dives to make an unsuccessful attempt to run out Sunrisers Hyderabad's Abhishek Sharma during the Indian Premier League cricket final match between Kolkata Knight Riders and Sunrisers Hyderabad in Chennai, India, Sunday, May 26, 2024.(AP Photo/Mahesh Kumar A.) Mercedes driver Lewis Hamilton of Britain steers his car during the qualifying session of the Singapore Formula One Grand Prix at the Marina Bay Street Circuit, in Singapore, Saturday, Sept. 21, 2024. (AP Photo/Vincent Thian) Serbia's Novak Djokovic embraces his daughter Tara after defeating Spain's Carlos Alcaraz in the men's singles tennis final at the Roland Garros stadium during the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Paris, France. (AP Photo/Manu Fernandez) Spain's Dani Olmo clears the ball from the goal line during the final match between Spain and England at the Euro 2024 soccer tournament in Berlin, Germany, Sunday, July 14, 2024. (AP Photo/Andreea Alexandru) A fleet of boats compete in the mixed multihull sailing race during the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Marseille, France. (AP Photo/Daniel Cole) A horse watches from its stable ahead of the 156th running of the Belmont Stakes horse race at Saratoga Race Course, Thursday, June 6, 2024, in Saratoga Springs, N.Y. (AP Photo/Julia Nikhinson) Silver medalist Simone Biles, of the United States, left, and bronze medalist Jordan Chiles, of the United States, right, bow to gold medalist Rebeca Andrade, of Brazil, during the medal ceremony for the women's artistic gymnastics individual floor finals at Bercy Arena at the 2024 Summer Olympics, Monday, Aug. 5, 2024, in Paris, France. (AP Photo/Abbie Parr) Denver celebrates after winning the championship game against Boston College in the Frozen Four NCAA college hockey tournament Saturday, April 13, 2024, in St. Paul, Minn. Denver won 2-0 to win the national championship. (AP Photo/Abbie Parr) Washington safety Kamren Fabiculanan (13) and cornerback Elijah Jackson (25) break up a pass to Eastern Michigan wide receiver Terry Lockett Jr. (3) in the end zone during the second half of an NCAA college football game Saturday, Sept. 7, 2024, in Seattle. Washington won 30-9. (AP Photo/Lindsey Wasson) Milwaukee Bucks' AJ Johnson, right, goes up for a shot against Philadelphia 76ers' Jared McCain, center, and Adem Bona during the second half of an NBA basketball game, Wednesday, Oct. 23, 2024, in Philadelphia. (AP Photo/Matt Slocum) Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, Monday, March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Italy's Giovanni Tocci competes in the men's 3m springboard diving preliminary at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, in Saint-Denis, France. (AP Photo/Lee Jin-man) Los Angeles Dodgers designated hitter Shohei Ohtani breaks his bat during the first inning of the team's baseball game against the Washington Nationals at Nationals Park, Tuesday, April 23, 2024, in Washington. (AP Photo/Alex Brandon) Wearing a device that measures his energy consumption, the Israel Amputee Football Team player, Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Thursday, April 11, 2024. (AP Photo/Leo Correa) A soccer fan dressed as Spiderman watches Brazil play Uruguay in a Copa America quarterfinal match on a screen set up for fans on Copacabana Beach in Rio de Janeiro, Sunday, July 7, 2024. Brazil lost in a penalty shootout and Uruguay qualified for the semifinals. (AP Photo/Bruna Prado) Men dressed in traditional clothes try to pull the opponent over the table at the German Championships in Fingerhakeln or finger wrestling, in Bernbeuren, Germany, Sunday, May 12, 2024. (AP Photo/Matthias Schrader) Aryna Sabalenka, of Belarus, kicks the ball after double faulting against Jessica Pegula, of the United States, during the women's singles final of the U.S. Open tennis championships, Saturday, Sept. 7, 2024, in New York. (AP Photo/Julia Nikhinson) Water is sprayed on the pitch as the ball boys and girls walk along the center line before the start of the men's Group A field hockey match between South Africa and Germany at the Yves-du-Manoir Stadium during the 2024 Summer Olympics, Tuesday, July 30, 2024, in Colombes, France. (AP Photo/Aijaz Rahi) Cleveland Browns defensive end Isaiah McGuire (57) reaches for Minnesota Vikings quarterback Nick Mullens (12) during the first half of an NFL preseason football game, Saturday, Aug. 17, 2024, in Cleveland. (AP Photo/Sue Ogrocki) Morocco's Widad Bertal celebrates after defeating Thailand's Jutamas Jitpong in their women's 54kg preliminary boxing match at the 2024 Summer Olympics, Tuesday, July 30, 2024, in Paris, France. (AP Photo/John Locher) Brazil's Priscila eyes the ball during a women's semifinal soccer match between Brazil and Spain at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, at Marseille Stadium in Marseille, France. (AP Photo/Julio Cortez) Simone Biles of the United States competes on the balance beam during a women's artistic gymnastics qualification round at the 2024 Summer Olympics, Sunday, July 28, 2024, in Paris, France. (AP Photo/Charlie Riedel) New Orleans Saints linebacker Willie Gay Jr. signs autographs for a young fan before the start of an NFL football game against the Kansas City Chiefs Monday, Oct. 7, 2024, in Kansas City, Mo. (AP Photo/Ed Zurga) Real Madrid's players celebrate with the trophy after winning the Champions League final soccer match between Borussia Dortmund and Real Madrid at Wembley stadium in London, Saturday, June 1, 2024. (AP Photo/Kirsty Wigglesworth) Mozambique's Deizy Nhaquile battles rough seas during a women's dinghy race, Saturday, Aug. 3, 2024, during the 2024 Summer Olympics in Marseille, France. (AP Photo/Jacquelyn Martin) People watch the cauldron rise at sunset by the Olympic rings during the 2024 Summer Olympics, Monday, Aug. 5, 2024, in Paris, France. (AP Photo/Natacha Pisarenko) Kansas City Chiefs tight end Travis Kelce (87) kisses Taylor Swift after the NFL Super Bowl 58 football game against the San Francisco 49ers, Sunday, Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/John Locher) A light show is projected from the Eiffel Tower in Paris, France, during the opening ceremony of the 2024 Summer Olympics, Friday, July 26, 2024. (AP Photo/David J. Phillip) Kateryna Tabashnyk, a high jumper, sits for a portrait Sunday, June 9, 2024, at the athletics arena of the "Polytechnic" sports complex, which was destroyed by a Russian rocket attack, in Kharkiv, Ukraine. (AP Photo/Evgeniy Maloletka) Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox!AP Trending SummaryBrief at 11:43 p.m. EST

It's not typical for the S&P 500 to generate 20% gains in a single year. Yet the index is on pace to do it for a second consecutive year, as it's up roughly 23% in 2024 at recent prices after gaining 24% in 2023. That's great news for investors, as that means they've generated some incredible returns since emerging from the last bear market. The excitement surrounding artificial intelligence (AI) and what it can do for industries has opened up many new growth opportunities for businesses, sending their valuations soaring in the process. The concern, however, is that the broad index is punching above its weight, and that a slowdown may be inevitable. This type of performance is rare . Let's look at what it might mean for the markets heading into next year. The last time the S&P 500 had such an impressive run was the 1990s Barring an end-of-year crash or correction, it seems safe to assume that the S&P 500 will finish the year up by at least 20%. The last time it had back-to-back years with gains that high was a four-year run from 1995 to 1998 in which it gained 34%, then 20%, then 31% and 27%, before just missing 20% to break the streak in 1999. The next three years, however, would see the index falling by at least 10% amid the dot-com crash. While it's not uncommon to see the market have a strong return in a single year, that run of success in the '90s is by no means normal. Likewise, investors should be careful not to assume that the past two years' impressive gains will continue unabated. How might the S&P 500 perform in 2025? It isn't often that the S&P 500 does this well in back-to-back years. That means there also isn't a whole lot of history to go on to try to predict what pattern it might follow. But there are some interesting parallels to consider. In the late '90s, the internet was becoming more prominent and changing businesses and entire industries, not unlike what AI is doing these days. As a result, many companies swelled to inflated valuations, in large part due to sky-high expectations about what the internet might do for them -- also not unlike AI today. Another similarity is that the Shiller price-to-earnings ratio , which is based on a period of 10 years and factors in inflation, was trading at elevated levels. It's a way to gauge how expensive the stock market is. It reached a peak of 44 in December 1999. Today, it's around 37, which is near the levels it was at in 2021, before the market nosedived the following year. Prior to that, however, the last time the ratio was that high was back in 1999. Given the inflated valuations and the perhaps overblown hype around AI, I wouldn't be surprised if there is a crash in the markets next year. But even if it doesn't happen, it does look like the market is overdue for a sizable decline in the not-too-distant future. Why investors should remain invested There's no way to know for sure how the market will do in 2025. It could crash, but it could also rally again. When the S&P 500 turned in a second straight year of big gains in 1996, bearish investors were likely pounding on the table, warning that a crash was imminent. While that crash eventually came, it followed five years of truly impressive gains. Rather than trying to time the market and wait for a crash before buying stocks, investors may simply want to remain invested and just reassess their portfolios, to see if they hold stocks that may be vulnerable to corrections. Moving money out of expensive stocks, and into ones that have more attractive valuations and may have greater upside, could be a good approach to take for the coming year. But taking money out of the stock market entirely, simply because it's doing too well, could mean missing out on further gains and may prove to be a costly mistake.O n November 5th as the US elections results were being announced the Caribbean watched, knowing that the results would have significant implications for our future. Of course, ‘if America coughs, the Caribbean catches the cold.’ But, as it was clear that Donald Trump had won the US Presidency, Caribbean people now started to question what it would mean for us and the stability or instability of the global international order. As such, what will Trump 2.0 mean for the Caribbean? Climate Change You Might Be Interested In Shoring up good ideas I resolve to... Wellness for life: The importance of self-care While we don’t know for certain what policies the Trump administration will pursue internally on climate change in light of increased climate-related disasters across the US, and the fact that the Inflation Reduction Act has continued to pour over $390 billion into EVs, and other climate resilient technologies, which have created millions of jobs and other benefits to Republican affiliated states. These may all disappear if he repeals sections of the Act. However, If this has impacts during the midterm elections, he may not be as keen to repeal. But his global actions will have disastrous impacts for the Caribbean, particularly since he has promised to withdraw the US again from the Paris Agreement, and possibly to withdraw from the UNFCCC , which is the multilateral framework for the reduction of CO2 in the world, and which also provides financial and technical assistance for developing countries like the Caribbean to mitigate climate change through a shift to renewable energy, and to adapt to its impacts and respond to the loss and damage it creates. When these are coupled with his denial of the existence of climate change as a ‘hoax’ , and his intention to ‘ drill baby bill’ and ‘frack, frack, frack’, like never before, increasing the fossil fuel stock of the US, which some have suggested would not only roll back the gains by President Biden, but contribute an estimated 4 billion tons of additional CO2 emissions by 2030 and 25 billion tons by 2050, then these increases would significantly increase the vulnerability of the Caribbean to extreme weather events, more ferocious hurricanes, devastating droughts and floods, and deadly heatwaves, which can continue to plummet our GDPs, increase poverty, destroy infrastructure and roll back any gains made in our climate recovery processes. As we know, our Caribbean countries are low-lying and heavily exposed to rising sea levels, which erodes coastlines, and displaces populations and industries. Any withdrawal from the Paris Agreement, which is meant to reduce greenhouse gases (GHGs), will increase the emissions of these gases, thereby exacerbating the climate crisis and affecting our ability to protect lives and livelihoods. Of course, it is a no brainer that with warmer ocean temperatures that increase the intensity and ferocity of our hurricanes, the US exit will increase the levels of financial and technical support needed to bolster the climate recovery effort. Such an exit is even more egregious when you add the fact that the US, together with the other developed countries, are the ones that have created this existential climate crisis. The Caribbean may unfortunately be in for some hotter months, longer droughts and more devastating floods. What is needed now is not an increase in GHGs, which fuels the extreme weather patterns, which Trump promises, but a radical decarbonisation of the US and other global economies. Caribbean leaders should therefore be prepared to dialogue with the president on these critical issues, but also to engage other European counterparts to step up and not bend over backwards to try and mould the climate regime around the vagaries of the US political currents. These countries, together with China, must now play leading roles in reducing the climate crisis. This is not to suggest however that when the US exits, the climate movement is ‘trumped’, but it is only morally appropriate that due to their overwhelming historical and current contributions to global greenhouse gas emissions, that the US contribute towards reducing the effects on developing countries. Additionally, they must meet their financial obligation, not just to the USD$100 billion per annum that was promised from 2020 by developed countries, but to a higher New Collective Quantified Goal (NCQG) on Climate Finance. It is one thing to withdraw from the Paris Agreement, like Trump did during his first presidency, but it is another thing entirely to commit to increasing greenhouse gas emissions by expanding oil and gas exploration, given the severe impacts that Caribbean and other SIDS are already experiencing from the climate crisis. Immigration Trump’s immigration policy, according to him, would see the largest domestic deportation operation in human history of millions of illegal immigrants. For the Caribbean, and Haiti in particular, this is troubling, because Trump’s inward-looking policies will devastatingly affect all who flee from war, climate crises, strife, political upheavals and the collapse of their states in search for a better life or the American dream, which has sustained the economic prosperity of America. This use of excessive force against already vulnerable and marginalised populations is testament of Trump’s disregard for human dignity and rights. Of course, it is easy for us to sit in comfort and say that ‘they should enter legally now or that they should return to their countries.’ That is a privileged position as our countries are not facing the life-threatening issues that Haiti and others do, requiring individuals to flee, as a condition of survival. Who feels it knows it! But have we for one moment considered that it is also a global responsibility to ensure integration of displaced peoples, in tandem with our humanitarian and civil rights requirements, particularly in circumstances where the US has also contributed towards this destabilisation and has an opportunity to cure these wrongs? At least in Haiti’s case for certain. But, Trump may only compound the problem, making the work of the Expert Group more difficult, if he refuses to assist, but also if he increases his Haitian animus. Remember his eating the animals’ comments, and how they were poisoning the blood of America, ignoring the diversity of America. What is even more certain is that Trump may not provide support for the improvement of the Haitian state, such that migration is an option, and not a necessity. It will also now become almost impossible to gain a legal path to citizenship, as even those who have become citizens by marrying an American citizen or their child is a birther are at risk of deportation, thereby further decreasing their quality of lives causing migration issues for the Caribbean. The implications for the Caribbean are a general sentiment of fear of migration and lack of belonging as they search for a better life, and a concomitant fear by those who voted for ‘closed borders’ of all who are not of the blood of America i.e., also Caribbean peoples. But, more directly, if there are Caribbean peoples who are ‘illegal immigrants’, working and providing remittances to their families back home, one can potentially see a massive reduction in the country’s remittances income, which contribute towards healthcare, education among other areas. The reduction will exacerbate poverty, which has wider economic impacts for the Caribbean economy. Further, there may be deeper fiscal and political strains on other Caribbean countries who would not be able to handle this sudden migration flows. The Caribbean region as a whole through their political leaders need to engage the President on the abovementioned. Foreign Aid In Trump 2.0, particularly with his isolationist ‘America First’ philosophy, there may be less pushback to aid cuts as there were in Trump 1.0, and it could mean that key developmental programmes and agencies within the Caribbean could receive less funding, particularly in areas that are not favourable to the Trump administration. It means that the Caribbean should now utilise the opportunity to forge new relationships with new nations, as opposed to confining itself to looking North. Trade Trump will seek to reduce the US Trade deficit, ensuring manufacturing jobs stay within the US, and there’s a baseline global tariff for imports. That has the potential to affect Caribbean exports to the US, making it more difficult through stricter trade regulations. Should there also be a modification of the CBI, which provides certain duty-free access to the US market, in favour of US production, it could also reduce the competitive advantage of Caribbean goods in US markets. But, recognising the large trade deficit with the US, the Caribbean poses no real threat to US jobs, and its beneficial nature to US industry might prove helpful to its continuation. In the end, Caribbean leaders and people should never see the election of Donald Trump as far removed from impacting the Caribbean region but heed the words of Rudder when he said that they’re trying to pass all laws to spoil our beauty, but in the end we shall prevail. We must take a side or be lost in the rubble, in a divided world that don’t need islands no more. Are we doomed forever to be at somebody’s mercy, little keys can open up mighty doors. Rally! Rahym Augustin-Joseph is the 2025 Commonwealth Caribbean Rhodes Scholar. He is a recent political science graduate from the UWI Cave Hill Campus and an aspiring attorney-at-law. He can be reached via rahymrjoseph9@ gmail.comCould Buying Amazon Stock Today Set You Up Life?

Week 17 Care/Don't Care: Unlike Vikings, Packers' lack of a true WR1 hurts them when it matters mostMassive EU-South American free trade pact would reduce tariffs, but some farmers are opposed

SEBI takes strict action in front running case, bars 9 entities, seizes over Rs 21 crore

NEW YORK--(BUSINESS WIRE)--Dec 10, 2024-- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, announced today it has closed its previously announced $10 million private placement, pursuant to which the Company issued an aggregate 3,571,429 Class A Ordinary Shares to a single institutional investor at a purchase price of $2.80 per share. The Company expects to use the net proceeds from the offering for general corporate purposes. The Company also announced today that it has filed a shelf registration statement on Form F-3 (the “Shelf Registration Statement”) to register the resale of the shares issued in the private placement as required under the share purchase agreement entered into in connection with the transaction. The Shelf Registration Statement also contemplates the primary issuance of up to $150 million aggregate amount of Class A Ordinary Shares. Accordingly, if and when the Shelf Registration Statement is declared effective, it will permit the offer and sale, from time to time, in one more series or issuance and on terms to be determined at the time of the offering, the resale of the private placement shares and the offer and sale by the Company of up to $150 million aggregate amount of Class A Ordinary Shares. “We are pleased to have successfully completed this private placement, which strengthens our balance sheet and positions us for continued growth as we advance our mission and continue our focus on our U.S. strategy, the National Security market, and our global Space Systems opportunities,” said Emiliano Kargieman, CEO & Founder, of Satellogic. Rick Dunn, Chief Financial Officer, added, “This shelf registration statement allows for future flexibility in our capital markets strategy by establishing a framework for potential future capital raising opportunities.” Should the Company decide to raise capital in a future offering using the Shelf Registration Statement, the Company will describe the specific details of that future offering in a prospectus supplement that is filed with the SEC. The Shelf Registration Statement has been filed with the SEC but is not yet effective. The Class A Ordinary Shares included therein may not be sold nor may offers to buy be accepted under the Shelf Registration Statement prior to the time it becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities of the Company in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Satellogic Satellogic is a leading provider of sub-meter resolution satellite imagery that delivers real-time insights for governments, industries, and consumers worldwide. With its growing constellation of small satellites, Satellogic offers scalable, cost-effective solutions for high-frequency Earth observation. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning the Company’s strategies, future opportunities, recently completed private placement and plans regarding the Shelf Registration Statement. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by, an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected; (ii) our ability to continue as a going concern; (iii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues; (iv) risks related to the secured convertible notes issued by the Company’s wholly-owned subsidiary, Nettar Group Inc.; (v) the potential loss of one or more of our largest customers; (vi) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle; (vii) risks and uncertainties associated with defense-related contracts; (viii) risks related to our pricing structure; (ix) our ability to scale production of our satellites as planned; (x) unforeseen risks, challenges and uncertainties related to our expansion into new business lines; (xi) our dependence on third parties, to transport and launch our satellites into space; (xii) our reliance on third party vendors and manufacturers to build and provide certain satellite components, products, or services; (xiii) our dependence on ground station and cloud-based computing infrastructure operated by third parties for value added services, and any errors, disruption, cybersecurity incidents, performance problems, or failure in their or our operational infrastructure; (xiv) risks related to certain minimum service requirements in our customer contracts; (xv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances; (xvi) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions; (xvii) competition for EO services; (xviii) challenges with international operations or unexpected changes to the regulatory environment in certain markets; (xix) unknown defects or errors in our products; (xx) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies; (xxi) uncertainties regarding our previously announced and ongoing efforts to reduce operational costs and control spending, including workforce reductions; (xxii) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies; (xxiii) the failure of the market for EO services to achieve the growth potential we expect; (xxiv) risks related to our satellites and related equipment becoming impaired; (xxv) risks related to the failure of our satellites to operate as intended; (xxvi) production and launch delays, launch failures, and damage or destruction to our satellites during launch; (xxvii) significant risks and uncertainties related to our insurance that may not be covered by insurance; and (xxviii) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 20-F and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210774054/en/ CONTACT: Investor Relations: Ryan Driver, VP of Strategy & Corporate Development ryan.driver@Satellogic.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SATELLITE SOURCE: Satellogic Inc. Copyright Business Wire 2024. PUB: 12/10/2024 05:40 PM/DISC: 12/10/2024 05:40 PM http://www.businesswire.com/news/home/20241210774054/en

Prime Minister Narendra Modi left for New Delhi after wrapping up his two-day visit to Kuwait during which the two countries elevated their relationship to a strategic partnership, marking a new era of bilateral cooperation and growth. Modi's visit to Kuwait was the first by an Indian Prime Minister to the Gulf nation in 43 years. In a special gesture, Kuwaiti Prime Minister Ahmad Abdullah Al-Ahmad Al-Sabah came to off Modi at the airport as he left for India. PM Modi, in a post on X, thanked the Kuwait counterpart for the special gesture. #WATCH | Prime Minister Narendra Modi leaves for Delhi from Kuwait after completing his 2-day visit to Kuwait at the invitation of Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of the State of Kuwait (Source - DD News) pic.twitter.com/VLJD2EPYjm — ANI (@ANI) December 22, 2024 "Thank you Kuwait! This visit was historic and will greatly enhance our bilateral relations. I thank the Government and people of Kuwait for their warmth. I also thank the PM of Kuwait for the special gesture of coming to the airport for the see-off," Modi said in a post on X. Thank you Kuwait! This visit was historic and will greatly enhance our bilateral relations. I thank the Government and people of Kuwait for their warmth. I also thank the PM of Kuwait for the special gesture of coming to the airport for the see-off. pic.twitter.com/2WPKwPtXkT — Narendra Modi (@narendramodi) December 22, 2024 "A historic & successful visit to Kuwait concludes! PM @narendramodi emplanes for New Delhi,' Ministry of External Affairs Spokesperson Randhir Jaiswal said in a post on X. Earlier in the day, PM Modi held extensive talks with the country's top leadership, including Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, with whom he discussed boosting ties in information technology, pharmaceuticals, fintech, infrastructure and security. "In line with the close ties between our nations, we have elevated our partnership to a strategic one and I am optimistic that our friendship will flourish even more in the times to come," Modi said in a post on X. Modi held wide-ranging talks with Kuwaiti Prime Minister Ahmad Abdullah Al-Ahmad Al-Sabah and Crown Prince Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah with a focus on giving new momentum to the overall bilateral ties. The Indian prime minister was also conferred Kuwait's highest honour - 'The Order of Mubarak Al-Kabeer' - for his role in strengthening the good relations between the two countries. On Saturday, Modi addressed an Indian community event and visited an Indian labour camp. The over one million-strong Indian community is the largest expatriate community in Kuwait. The Gulf nation is among India's top trading partners, with bilateral trade valued at USD 10.47 billion in the financial year 2023-24. Kuwait is India's sixth largest crude supplier, meeting 3 per cent of the country's energy needs. Indian exports to Kuwait reached USD 2 billion for the first time, while investments by the Kuwait Investment Authority in India exceeded USD 10 billion.Analytic Partners Recognized as a Leader in Inaugural Gartner® Magic QuadrantTM for Marketing Mix Modeling Solutions