AP Trending SummaryBrief at 4:32 a.m. ESTJammu: J&K Lt Governor, Manoj Sinha said on Sunday that the unity of hearts and unity of minds is essential for peace, progress, and prosperity. Attending the 'Satsang Samagam', organised by the All J&K Sadguru Kabir Sabha at the Kabir Bhawan in the Bishnah area of Jammu district, the Lt Governor paid homage to Sant Kabir and spoke on his rich contribution to the society. He said the vision and ideals of Sant Kabir represent the universal values enshrined in our culture. “Unity of hearts & unity of minds are essential for peace, progress and prosperity. Let us come together and work towards building an inclusive society. Sant Kabir's divine verse also reflects on various social issues and challenges and advocated women empowerment and upliftment of weavers, farmers and other disadvantaged sections of society," Sinha said. Noting that the saint's emphasis on inner search and social reform will continue to inspire every Indian and their future generations too, the Lt Governor called upon the people to imbibe the timeless teachings and philosophy of Sant Kabir and spread the message of oneness, peace, and social justice. Responding to the issues and demands put forth by the representatives of the All J&K Sadguru Kabir Sabha, the Lt Governor assured that appropriate action will be taken to address the genuine issues projected by the community. "Prime Minister Narendra Modi has given top priority to the overall welfare of the deprived sections. Now the time has come for the communities, victims of discrimination for decades, to come forward and become partners in the developmental journey and enjoy the fruits of growth," he said. Sinha also reiterated his commitment towards the empowerment of the community and assured every support from the government. People from all walks of life were present on the occasion.wild horse pass casino 。

One of the prominent stocks driven by artificial intelligence (AI) is Palantir Technologies ( PLTR 8.54% ) . From a low of around $6 per share at the height of the 2022 bear market, the SaaS stock 's AI tools have driven a more than 12-fold gain in the stock in two years. That may lead to questions of whether that can continue in 2025. Ultimately, one cannot predict what will happen to Palantir over the next year. Still, looking at the state of the business and its financials could offer insight into whether they should expect the bull run to continue, or whether they should sell the stock and lock in gains. The state of Palantir The current catalyst for Palantir stock hinges on AI-driven productivity gains. Indeed, investors should first understand Palantir's platforms have long depended on AI. Both Gotham and Foundry have applied this technology since well before investors had any understanding of it. However, it reached a new level upon releasing its generative AI -driven Artificial Intelligence Platform (AIP) in 2023. Palantir introduced this technology to clients through AIP boot camps soon after, yielding massive productivity gains for its users. On the Q3 2024 earnings call , Palantir highlighted how an equipment rental company increased its average revenue retention (ARR) 12-fold. The gains highlighted by the product led customers from a variety of industries to sign seven-figure deals with Palantir. On the government side of the business, it reported its strongest sequential growth in 15 quarters. It credited TITAN, the Army's next-generation intelligence ground station, for much of this growth. The company also mentioned the benefits of its Maven Smart System, which took what was a 2,000-person targeting cell and matched its performance with just 20 people. Palantir's financials Nonetheless, the main question for investors is how that translates into financial gains for Palantir. One has to wonder whether the exuberance is overly positive. Indeed, quarterly revenue growth has improved to 30% year over year. In comparison, its revenue of $2 billion for the first nine months of 2024 grew by 26% yearly. During that time, the company's operating expenses grew by only 9%. That allowed its net income attributable to stockholders in the first three quarters of the year to rise to $383 million, increasing 229% compared to the same period in 2023. With an improved performance, Palantir raised revenue guidance for 2024 to just over $2.8 billion, up from the $2.75 billion range in the previous quarter. If that forecast holds, the revenue growth rate will hold at 26%. Unfortunately for potential investors, these gains are likely baked into its stock price -- and then some. This is not just because the stock is up by the aforementioned 12-fold gain in two years, or the approximate 300% rise over the last 12 months. Instead, this is more likely a valuation call. Its trailing P/E ratio is about 368, which may not be representative of the stock's value. Nonetheless, with the trailing price-to-sales (P/S) ratio of 67 and a forward sales multiple of 60, the stock shows clear signs of overvaluation. That sales multiple prices Palantir stock for perfection, indicating it could sell off at the first sign of less-than-ideal growth rates. Will Palantir's meteoric rise continue in 2025? Given Palantir's rise over the last 12 years, investors should not expect the increases to continue in 2025. Admittedly, anything is possible with a cutting-edge AI stock like Palantir, and investors often choose to ignore high valuations when they see growth potential. Nonetheless, investors take a tremendous risk when paying 60 times forward sales, no matter the long-term growth prospects. Such levels can lead those who are otherwise Palantir stock bulls to fear a significant retrenchment and sell, making buying the stock a highly risky prospect right now. Indeed, the productivity gains Palantir's software offers likely mean its growth story will not end here. However, with so much of its forecast growth already priced into the stock, investors should probably keep Palantir on a watch list rather than a buy list at this time.India and Kuwait Forge Strategic Partnership

Lee University Departmental Alumni of the Year award recipients honoredSANTA CRUZ, Calif. (AP) — Persistent high surf and flooding threats along California’s coast had residents on high alert a day after a major storm was blamed for one man’s death and the partial collapse of a pier , which propelled three people into the Pacific Ocean. The National Weather Service on Christmas Eve warned of dangerous, large-breaking waves of up to 35 feet (10.7 meters). Its latest high surf warning will be in effect until 6 p.m. Tuesday. “Large waves can sweep across the beach without warning, pulling people into the sea from rocks, jetties and beaches,” the weather service said in a Christmas Eve bulletin. In Santa Cruz, where a municipal wharf under construction partially collapsed on Monday, most beaches were cordoned off as they were inundated with high surf and debris. Residents received an alert on their phones Tuesday morning notifying them to “avoid all beaches including coastal overlook areas such as rocks, jetties or cliffs.” It warned powerful waves could sweep entire beaches unexpectedly. Local officials said there could be further damage to the wharf, but no more pieces broke off overnight. The wharf collapsed and fell into the ocean midday Monday, taking three people with it. Two people were rescued by lifeguards and a third swam to safety. No one was seriously injured. Santa Cruz Mayor Fred Keeley said in the weeks and months ahead officials will have to assess long-term solutions for protecting the coastal city from the impacts of climate change . “Hallelujah that no one was hurt in this, which could have been orders of magnitude worse in terms of any injuries to human beings and damage to property onshore and offshore,” he said at a media briefing Tuesday. “But I think we have somewhat of a question mark as we move through time,” he added. “And I don't think we're by ourselves. I think this is what coastal communities around the world are probably dealing with.” The structure was in the middle of a $4 million renovation following destructive storms last winter about 70 miles (112 kilometers) south of San Francisco. “It’s a catastrophe for those down at the end of the wharf,” said David Johnston, who was allowed onto the pier on Monday to check on his business, Venture Quest Kayaking. Tony Elliot, the head of the Santa Cruz Parks & Recreation Department, estimated that about 150 feet (45 meters) of the end of the wharf fell into the water. It was immediately evacuated and will remain closed indefinitely. Some of the wharf’s pilings are still in the ocean and remain “serious, serious hazards” to boats, the mayor said. Each piling weighs hundreds of pounds and is being pushed by powerful waves. “You are risking your life, and those of the people that would need to try and save you by getting in or too close to the water,” the National Weather Service’s Bay Area office said on the social platform X. Building inspectors were looking at the rest of the pier’s structural integrity. Some California cities ordered beachfront homes and hotels to evacuate early Monday afternoon as forecasters warned that storm swells would continue to increase throughout the day. In Watsonville along the Monterey Bay, first responders were called to Sunset State Beach, a state park, around 11:30 a.m. Monday for a report of a man trapped under debris. The Santa Cruz County Sheriff’s Office believes a large wave pinned him there. The man was pronounced dead at a hospital. The storm’s high surf also likely pulled another man into the Pacific Ocean around noon Monday at Marina State Beach, nearly 13 miles (21 kilometers) south of Watsonville, authorities said. Strong currents and high waves forced searchers to abandon their efforts roughly two hours later as conditions worsened. The man remained missing Monday evening. Further south in Carmel Bay, a man remained missing as of Tuesday afternoon after reports that someone was swept off the rocks into the ocean at Pebble Beach on Monday, local emergency responders said. The U.S. Coast Guard will "transition to a recovery search as ocean conditions improve in the coming days,” officials said in a statement. In a post on X, the National Weather Service office in Portland, Oregon, said, “It will likely go down as some of the highest surf this winter.” Dazio reported from Los Angeles. Associated Press writers Sophie Austin in Sacramento and Jaimie Ding in Los Angeles contributed.