Thursday, September 18, 2025

 
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Meet the stock that’s skyrocketed into the top 10 of this FTSE 100 fund

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Scottish Mortgage Investment Trust has chunky stakes in some of the world’s most important growth companies. In the FTSE 100 trust’s top 10 holdings are the world’s leading chip foundry (Taiwan Semi) and $4.3trn colossus Nvidia.

Recently though, a new growth stock has broken into the 10 largest holdings after surging 150% since April. Let’s take a closer look at this high-flyer.

The stock I’m talking about is Roblox (NYSE:RBLX). Parents of kids aged 7-14 will likely be familiar with the gaming firm. Or more specifically Robux, its digital currency that allows players to unlock features and customise avatars.

Roblox often gets dismissed as just a kids’ game, but that underestimates it. It’s more like YouTube for interactive worlds. Just as YouTube doesn’t create videos, Roblox doesn’t do its own games. Instead, it supplies the tools for millions of independent creators, then takes a cut of the Robux spent inside their worlds.

In the year to 30 June, Roblox creators collectively earned over $1bn, and that’s set to go higher in the current period. At its 2025 developer conference, which took place last week, the company announced loads of improved tools, including many with AI capabilities. 

For example, players will be able to trigger actions in games by saying things like “open the door“, while real-time translation will allow two players to communicate in different languages. 

Roblox also signed an IP partnership with Barbie maker Mattel to give creators the ability to build games based on their favourite brands. This follows a deal with Netflix, allowing something similar with franchises like Stranger Things and Squid Game.

Financial performance

The company is putting up very impressive numbers. Second-quarter bookings (often used as a proxy for revenue) rocketed 51% to $1.44bn, while daily active users (DAUs) were up 41% to 112m

Notably, about 60% of Roblox users are now older than 13. This demographic is growing the fastest, is more engaged, and has more money to spend.

For the full year, management is estimating bookings between $5.87bn and $5.97bn, and as much as $1.08bn in free cash flow.

Longer term, Roblox aims to attract 1bn regular users!

Reality check

In my eyes, Roblox is morphing into a very powerful platform, with an untapped long-term digital advertisement opportunity. Historically, long-term investors have done very well owning such stocks, even if they had to pay a premium to do so at first.

Having said that, there’s no sugarcoating the fact that this is a very expensive stock. Stripping out cash, Roblox is trading at roughly 15 times its forecast 2025 bookings. And around 84 times expected free cash flow. 

Were sales or user number growth to disappoint — even slightly — the stock could pull back sharply given the hefty price tag. Roblox also pays a lot in stock-based compensation, which dilutes existing shareholders and will have to be reined in at some point. 

Patience

I think investors should consider waiting patiently for a share price dip. I reckon there could be a more attractive opportunities in future.

However, Scottish Mortgage might be worth a look. The trust is heavily skewed towards US growth stocks, which adds risk, but it offers diversification beyond just Roblox. And the shares are currently trading at a 10% discount to the underlying net asset value.



This story originally appeared on Motley Fool

Job-hopping Gen Z only stay at each job 1 year and 54% are regularly browsing for their next role—but a report says they’re not disloyal villains

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Job-hopping was once a surefire way of climbing the totem pole to higher salaries and bigger job titles. While the career tactic has since lost its luster as wage gains have flattened, Gen Z are still jumping from role to role early in their careers—but it’s not because they’re disloyal employees. 

Gen Z’s average job tenure during the first five years of their careers is just 1.1 years, according to new research from recruitment company Randstad

In comparison, millennials stuck around in their first jobs for 1.8 years. Meanwhile, Gen Xers and Boomers held onto jobs at the start of their careers for around 3 years before hopping onto the next.

But Gen Z’s brief job tenures are much more complicated than what meets the eye; entry-level job postings have fallen 29% since January 2024, and alongside fewer opportunities, many are feeling underprepared and unsupported in their professional lives.

And it’s not even for the money: job-hopping has lost its compensation edge, as the salary difference between people who stay in their jobs and those who switch has reached the lowest level it’s been in 10 years, according to February data from the Atlanta Fed. Employees who stayed put at their jobs received a 4.6% wage bump in January and February this year, while those who switched gigs only received a marginally higher increase of 4.8%—only a 0.2% difference. 

“In the wake of this, tenure is shrinking: today’s young workers are changing jobs faster than any previous generation,” the Randstad report explains. “While employers may perceive this as a lack of loyalty, our findings suggest it’s a reaction to unmet expectations and a keen desire for progression.”

Gen Z’s job hopping isn’t about disloyalty—it’s really about development 

Just because Gen Z is switching jobs at a faster pace than their older counterparts, doesn’t mean they’re quiet quitting in their jobs; about 68% still strive to perform effectively in their current roles, according to the Randstad report. However, like many first-timers launching their careers, they’re not thrilled about their early-career jobs on offer and are willing to make a change.

Gen Z are the least likely generation to say their job aligns with their dream role, with only 56% saying it fits the bill compared to 63% of baby boomers. And the high-growth sectors they crave the most are actively shutting them out; junior tech roles have dropped 35% since January of last year, while entry-level finance roles fell 24%. But healthcare—an industry hailed for being recession-proof and resistant against AI automation—has held on strong, with junior-level job postings increasing 13% in that same time period. 

The difficult entry-level labor market is weighing on Gen Z, despite their willingness to switch roles. Two in five of the young workers don’t feel like they can achieve their dream role due to their education, or lack thereof, and 41% say they don’t have the confidence to find another job. 

Bosses might assume these doubts will slow Gen Z down, but 54% still regularly browse for new roles anyways.

Gen Z are ambitious—and the bleak job market won’t change that

Despite actively seeking roles in high-growth industries like IT, healthcare, and financial services, the report notes that the youngest generation of workers are leaving college and entering the workforce in an uncertain labor landscape. 

AI is quickly sweeping up entry-level jobs—and in the public tech sector alone, the percentage of Gen Z workers has been cut in half since the start of 2023. With limited entry-level opportunities, the young employees are feeling shut out and undervalued. So they’re swapping jobs to finally snatch up their perfect job.  

“Economic volatility, declining entry-level opportunities and the impact of AI on skills profiles have not dampened Gen Z’s appetite to advance in their jobs,” the Randstad study explains.

The reality is that four in ten Gen Z “always” consider their long-term career goals when making job change decisions—the most of any other generation. They’re incredibly ambitious, even when facing unique circumstances that Gen Xers and baby boomers didn’t face in their 20s

Instead of villainizing the group for jumping ship at their businesses, bosses should be more aware of Gen Z’s desire to grow within their organizations—or else they might lose them. 

“Gen Z is not a challenge to manage or a problem to solve. In a workforce being reshaped by AI and ambition, they offer a new blueprint for what work can become,” the report continues. “For employers, the takeaway is clear: Gen Z is eager to grow and adapt but needs support that’s accessible, inclusive, and aligned with their ambitions.”

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.



This story originally appeared on Fortune

Journalist whose wife and children killed in Gaza says ‘world treating us with indifference’ | World News

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A prominent Palestinian journalist whose close family members were killed in Gaza airstrikes says the world is “treating us with indifference” – as he accused Israel of committing genocide.

Wael Al-Dahdouh’s wife Amna, 15-year-old son Mahmoud and seven-year-old daughter Sham were killed, and several others were left trapped under debris after a strike targeted the area they had sought refuge in October 2023.

Footage captured at the time showed Al Jazeera’s Gaza bureau chief crouching beside Mahmoud, who aspired to be a journalist like his father. In later scenes, he was seen holding Sham who was covered in a shroud following the attack in the Nuseirat refugee camp.

Mr Al-Dahdouh’s grandchild Adam also died in the attack – and weeks later, his eldest son Hamza was killed in an Israeli strike in southern Gaza in January 2024.

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Wael Al-Dahdouh speaks to Sky News

Speaking to Sky News presenter Leah Boleto, he said: “Why should I lose my wife, my lifelong friend and partner, my son, my daughter?

“My son was preparing to be a journalist, my eldest son Hamza was a journalist already and a colleague of mine.”

He said the world has been “treating us with indifference… even the coverage by our colleagues abroad”.

The journalist asked: “Why do they treat us with such indifference? Is it because of the colour of our skin? Or the colour of our eyes? Aren’t we all created equal after all?”

Read more:
Calls for Israeli president’s arrest during UK visit
‘Stop killing journalists in Gaza’, say media groups

Pic: AP
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Pic: AP

He added: “It wasn’t enough, it wasn’t as objective as we thought it should have been, the lack of adherence to norms and standards of journalism… that feeling sometimes was even more painful than being at the receiving end of missiles and bullets.”

Mr Al-Dahdouh said Israel was “trying to isolate Gaza” after banning international press, leaving local journalists feeling “as though we are being left alone”.

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Does the UK think there’s a genocide in Gaza?

Without local journalists, “nobody would have known about the genocide and the tragedies that have been going on,” he added.

He warned the world shouldn’t feel the horrors seen in Gaza can only “take place far away from you”.

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“If nobody does anything, those who perpetrate these crimes will encourage others elsewhere to do the same and one day the fire will reach you in your own homes and houses,” the journalist said.

“By then, what can we do? It might be too late. We may not survive as a nation but what are you going to do.”

Israel has rejected accusations of genocide in its war in Gaza and says it does not target civilians or journalists.

A letter from the UK’s Deputy Prime Minister David Lammy said the government has concluded Israel is not committing genocide in Gaza but “must do much more” to prevent and alleviate the suffering.



This story originally appeared on Skynews

Israel has hunted its top Middle East enemies. What has it achieved? : NPR

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A billboard displays portraits of Hamas leaders Mohammed Deif and Ismail Haniyeh with the word “assassinated” in Hebrew, in Tel Aviv, Aug. 2, 2024.

Oren Ziv/AFP via Getty Images


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Oren Ziv/AFP via Getty Images

Israel’s surprise attack in Qatar on Tuesday targeting Hamas’ top political leadership failed to kill any senior officials, according to Hamas.

But it was the latest in a long campaign of targeted attacks aimed at hunting down Israel’s top enemies since the Hamas-led attack on Israel in 2023. In the past two years, Israel is known to have carried out a string of targeted strikes throughout the Middle East — in Gaza, Lebanon, Syria, Iran, Yemen, and now Qatar — against top leaders of militant groups, and even Iranian officials themselves.

In Lebanon and Iran, those killings helped lead to an end of hostilities — for now. In Gaza and Yemen, they did little to bring an end to war.

Here are some of the most prominent figures Israel has killed in the region in the past two years.

Saleh Arouri, a Hamas leader killed in Lebanon

Arouri was the first high-ranking Hamas leader to be killed by Israel abroad after the Oct. 7, 2023, attack.

Arouri served many years in Israeli prison before he was released in a 2011 prisoner swap with Israel and sent abroad. From exile, he coordinated Hamas attacks on Israel from the West Bank. Israel killed him in a strike in Lebanon in January 2024.

He was succeeded by Zaher Jabareen, whom Israel tried to kill in its Tuesday strike on Doha.

Mohammed Deif, Hamas’ elusive military chief

The top commander of Hamas’ military wing in Gaza was an elusive figure and had long been on Israel’s kill list. A heavy Israeli strike on a tent camp for displaced persons in Gaza killed him in July 2024. Around 90 other Palestinians are believed to have been killed in that strike, according to Gaza health officials. Hamas denied Deif’s death for months and acknowledged it only this year.

Israel’s defense minister at the time called Deif the “Osama bin Laden of Gaza” and said his death was “a significant milestone in the process of dismantling Hamas as a military and governing authority in Gaza.”

Israel also killed Deif’s successor, Mohammed Sinwar, in May of this year, in a strike on a tunnel under a hospital in Khan Younis. His role is now held by Izzedin al-Haddad, who continues to command Hamas forces fighting Israeli troops in Gaza.

Ismail Haniyeh and Yahya Sinwar, Hamas’ top leaders

The head of Hamas’ political wing since 2017, Haniyeh left Gaza with his family and other Hamas leaders in 2019 and moved to Doha. An Israeli explosion killed him in July 2024 in Tehran, where he was attending the Iranian president’s inauguration.

Haniyeh was considered to be among Hamas’ more moderate leaders, and was seen as more amenable to negotiating a ceasefire deal with Israel.

He was replaced by Yahya Sinwar, who had served as the head of Hamas in the Gaza Strip — a more hardline leader, whom Israel accused of masterminding the Oct. 7 attack.

Sinwar was killed by Israeli troops in October 2024. Netanyahu called his death the “beginning of the day after Hamas.” Nearly one year later, Hamas still survives.

Hassan Nasrallah, longtime Hezbollah leader, killed in Lebanon

On Sept. 27, 2024, the longtime leader of the Iran-backed Lebanese militia Hezbollah was killed by an Israeli strike on a secret underground Hezbollah facility in Beirut. President Joe Biden cautiously welcomed the killing, saying it delivered “a measure of justice” for thousands of Nasrallah’s victims.

Nasrallah’s killing — along with Israel’s ground invasion of southern Lebanon and Israel’s exploding pagers maiming hundreds of Hezbollah operatives — helped lead to a ceasefire and an end to heavy cross-border fighting between Hezbollah and Israel. It also weakened Hezbollah, a strong ally of Syrian dictator Bashar al-Assad, leading to the fall of his regime.

Since then, Hezbollah has been engaged in negotiations with the Lebanese government about disarmament, while some Israeli troops remain in strategic positions in southern Lebanon and have continued periodic strikes on Hezbollah targets.

A top Iranian military officer, killed in consulate in Syria

Mohammad Reza Zahedi, a top Iranian general in the Islamic Revolutionary Guard Corps, was among senior Iranian military officials killed in an airstrike on the Iranian consulate in Damascus in April 2024.

Israel did not take responsibility, but Iran blamed Israel for the strike, and launched missiles at Israel that month in retaliation. It was the first direct military confrontation between Iran and Israel, and it led to a full-blown war between the countries this year.

Senior Iranian officials killed in surprise Israeli blitz on Tehran

In June 2025, Israel launched a war with Iran that began with a surprise offensive targeting nuclear facilities and senior officials. Among those killed were Hossein Salami, commander of the Islamic Revolutionary Guard Corps (IRGC), Brig. Gen. Amir Ali Hajizadeh, head of the IRGC’s Aerospace Force, and senior Iranian nuclear scientists.

The conflict — which also drew in the U.S. with its bombing of Iranian nuclear sites and drew Iranian missile attacks on Israel — lasted 12 days before the U.S. and Qatar brokered a ceasefire.

Since then, no direct military exchanges have taken place between Israel and Iran. But analysts estimate the strikes did not eliminate Iran’s enriched uranium stockpile and did not bring about a negotiated resolution to prevent Iran from developing nuclear weapons. Some analysts predict Israel and Iran may be preparing for another round of war.

Houthi leaders killed in Yemen, but Houthi attacks continue

In late August, Israel carried out an airstrike on Sana’a, the capital of Yemen, killing a number of senior leaders of the Iranian-backed militant group that rules in Yemen’s capital. Among those killed was Houthi Prime Minister Ahmed al-Rahawi, along with several other senior ministers.

The strike was in retaliation to Houthi missile and drone attacks on Israel, one of which landed near Israel’s international airport in May and led to airline cancellations. The Houthis have targeted Israel in retaliation for its offensive in Gaza.

Following the August airstrike, Israel’s defense minister declared, “The Houthis will learn the hard way that anyone who threatens or harms Israel will pay many times over — and it will not be they who decide when this ends.”

But Houthi and Israeli attacks have not stopped until this day.

Bashir reported from Sheffield, England. Stern reported from Tel Aviv. NPR’s Daniel Estrin contributed to this report from Tel Aviv.



This story originally appeared on NPR

Markell Washington Celebrates Charli D’Amelio’s Final Broadway Show With Emotional Tribute

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Instagram/@markellwashington

Markell Washington publicly congratulated his close friend Charli D’Amelio upon her closing Broadway run, in a heartfelt tribute. The post was highly emotional as it described D’Amelio’s journey from her casting through an appeal for her to stay there for eleven whole months. Washington expresses pride and support for the dancer with every career accomplishment she makes.

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Promptly drawing attention, the galore of an unforgettable Instagram post celebrated the final Broadway show of Charli D’Amelio given by Markell Washington. The post had a tasteful picture of the two standing on a rooftop with the city lights glittering behind them, highlighting the brightness Washington felt from that moment.”

“CONGRATS char char on my last show on broadway 😭💙 !!” Washington said. “I am so incredibly proud of you for following your dreams and turning them into your reality.”

Washington recalled the very Broadway call that came for D’Amelio and how her initial excitement about an eleven-week engagement suddenly grew into eleven months on the stage. The message ended on an utmost high note: “But the sky is the limit queen keep kicking down doors and slaying life one opportunity at a time I love you so much and still so so proud of you 💙💙🎉🥳🥳!!”

Followers engaged big time with the post and praised Markell’s undying support for his friends. One wrote, “I love how supportive you are for all of your friends! It’s awesome to see you going to everyone’s event and showing up for them. You are the definition of a real true friend! 🥰.”

Another observer commented, “@markellwashington is a real one. Built different…Your loyalty is loud .Love this !! ❤️❤️,” and went on to call out the loyalty assertively. That sentiment poured throughout the comment section in appreciation of Washington for coming to the rescue of so many in times of need within his circle.

D’Amelio commented on the tribute: “the best best friend ever i love you markell,” heating up the comment threads, although several replies took apropos mean turns, which users were quick to shut down.

One of the comments that resonated with most of the others went on to outline the evolution of D’Amelio, stating, “like her or not you gotta respect the fact that she literally turned some TikTok dances into winning dancing with the stars, hosting the kcas, and being on broadway!!! that’s genuinely inspiring.”

The Broadway show marked another huge achievement for D’Amelio, who has deftly straddled the shift from social media to traditional entertainment. Washington’s public accolade stands firm as a testament to their friendship through her career metamorphosis.

More than one comment jokingly mentioned Washington being on-site for the event, with one commenting, “MARKELLLLL!! plz ur in the back of my vid twerking king😭😭 u brought so much fun energy ur the best.” Another simply commented, “get this man a mic,” signaling appreciation for the guy’s lively nature.

Such display of true friendship can certainly echo loudly to audiences. In an industry often berated for their faux-nominal relationships, Washington’s genuine “having fun” moment could very well be the buzz that would gain thousands of claps from the followers.

Which has become a trademark for Washington, who is ever willing to show up for his friends whether they’re having their first Broadway debut, a red carpet award ceremony, or an opening for their personal achievements. Never once, his followers have failed to laud his loyal spirit on social media.

Just one of many doors Markell has kicked open for Charli since her TikTok fame. This transition from digital content to more traditional entertainment is inspiring as much for her fans as it is for the budding content creators stepping out there.

Markell and Charli will continue carving their paths in the public eye, their friendship remaining a fountain of celebration and backing for one another. Washington tribute offers another instance of how genuine relationships will grow amid the frenzy.

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Such an emotional post with mostly positive feedback stresses the worthy kinds of support systems that are so rarely present for any artist trying to make it in the industry, the pressure being on performing arts and the side of public service. Washington’s loyalty to D’Amelio is one of those dependable support systems, which definitely will be the smoother way through her tryst in multi-entertainment arenas.



This story originally appeared on Celebrityinsider

Adam Silver: NBA needs hard evidence Clippers broke salary cap rules

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NBA commissioner Adam Silver on Wednesday pulled back the reins as allegations swirled about the Clippers circumventing the salary cap by orchestrating an endorsement deal for star forward Kawhi Leonard.

Silver, speaking to the media after a previously scheduled meeting of all 30 team owners in New York, said an NBA investigation would need to uncover clear evidence that the Clippers violated rules for owner Steve Ballmer to be punished.

“The burden is on the league if we are going to discipline a team, an owner, a player or any constituent members of the league,” Silver said. “I think, as with any process that requires a fundamental sense of fairness, the burden should be on the party that is, in essence, bringing those charges. …

“I think as a matter of fundamental fairness, I would be reluctant to act if there was sort of a mere appearance of impropriety.”

The Clippers and Ballmer are under league investigation after it was alleged last week on the podcast of Pablo Torre that Leonard was paid $28 million for a do-nothing endorsement role by Aspiration, a sustainability firm that had agreed to a $330-million sponsorship deal with the Clippers and had offered $1 billion for naming rights to the arena that instead became the Intuit Dome.

Aspiration turned out to be a fraudulent company, and co-founder Joseph Sanberg has agreed to plead guilty to defrauding multiple investors and lenders.

Silver said he would hesitate to take action against the Clippers if even a shred of doubt about the situation remains following the investigation, which will be conducted by a law firm experienced in probing wrongdoing by sports franchises, Wachtell, Lipton, Rosen and Katz.

“Bringing in a firm that specializes in internal investigations adds a level of expertise and creates separation between the league and the investigation of a team,” said Michael McCann, a sports law expert and a visiting professor at Harvard. “The investigators have a background in prosecutorial work, insight into what documents to request and questions to ask.”

McCann and other legal experts said the investigation would center on whether Ballmer’s $50-million investment into Aspiration was a quid pro quo for the firm to turn around and give Leonard $28 million in cash and $20 million in Aspiration stock to essentially do nothing.

Ballmer is embarrassed by the allegations and about his apparent infatuation with Aspiration — which entered into a $330-million sponsorship arrangement with the Clippers and was nearly awarded naming rights to what became the Intuit Dome, only to be revealed as a fraudulent company run by scam artists.

McCann said the investigation would need to uncover concrete evidence that Ballmer or someone else representing the Clippers directed Aspiration to make the deal with Leonard. The only evidence presented on Torre’s podcast was hearsay — an audio clip of an anonymous former Aspiration employee saying that someone else in the company told them the endorsement deal “was to circumvent the salary cap, LOL. There was lots of LOL when things were shared.”

LOL typically is used in written communication, so if the allegation was made in an email or text, the next step for investigators would be to interview the person who wrote it and determine whether Ballmer was involved.

The investigation presumably will examine all of this. Silver tends to be methodical when conducting a probe and is expected to act on what can be proved, not on the perception of wrongdoing. But he also is charged with protecting and growing franchise values. Anything that could damage the integrity of the league would be a huge concern to him and team owners.

“Silver has quite a few very interesting relationships to protect and to nurture: other owners, his corporate sponsors, the media networks that are distributing the content,” said David Carter, a USC professor of sports business and principal of the Sports Business Group. “Everybody attached to the league is interested in getting to the bottom of this. So he has to balance different stakeholder interests and he is very good at doing that.

“So I have a feeling he will — working with the law firm — get to the bottom of it and then decide to what extent if any punishment is warranted. He’ll do that with the intent of making sure he’s protecting the interests of the other owners.”

Leonard joined the Clippers in July 2019 on a three-year, $103-million contract after leading the Toronto Raptors to the NBA title. The 6-foot-7 forward from Moreno Valley signed a four-year, $176.3-million extension in 2021, when Aspiration made its sponsorship deal with the Clippers and Ballmer invested and became a minority owner in the company.

After signing a three-year, $153-million extension a year ago, Leonard will have been paid or is under contract for $375 million in career salary over 14 years with three teams.

The NBA looked into allegations that the Clippers paid Leonard or his representative and uncle, Dennis Robertson, a side deal when he first joined the team in 2019. No wrongdoing was found, although this week the Toronto Star reported that Robertson made demands of the Raptors in 2019 “that line up almost perfectly with what Leonard reportedly got from Aspiration.”

The Star reported that Robertson demanded $10 million a year in sponsorship income but that Leonard didn’t want to do anything for the money. The Raptors rejected the demand, and Leonard signed with the Clippers.

Should the Clippers be found guilty of circumventing the salary cap, they could be forced to forfeit draft picks and be fined heavily. Ballmer and other team executives could be suspended, and perhaps Leonard’s contract could be voided.

Silver will proceed carefully.

“The goal of a full investigation is to find out if there really was impropriety,” he said. “In a public-facing sport, the public at times reaches conclusions that later turn out to be completely false. I’d want anyone else in the situation Mr. Ballmer is in now, or Kawhi Leonard for that matter, to be treated the same way I would want to be treated if people were making allegations against me.”



This story originally appeared on LA Times

Here’s the latest Rolls-Royce share price forecast

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The Rolls-Royce (LSE:RR) share price is up 1,285% over the past three years. Having flirted with collapse in 2020 and struggled through to 2023, the aerospace and defence group now commands a market capitalisation above £90bn. Analysts remain largely positive about the outlook, but the latest forecasts suggest any future appreciation will be more measured.

What analysts think

According to data compiled from City 16 analysts, the mean consensus is Outperform. The average price target sits at 1,132p, implying the shares are undervalued by just 4.1%. However, as is often the case, forecasts vary widely.

The most bullish estimate points to 1,440p (+32%), while the lowest sees just 240p (-78%). This would make it the third largest company on the FTSE 100. That wide spread highlights both the optimism around management’s progress and the lingering concerns about execution risks.

So what’s happened to turn this once-struggling company — with a market-cap as low as £6bn-£7bn — into a engineering giant with some analysts suggesting the firm should be worth around £130bn? Well, almost everything has gone in the company’s favour over the past three years with operational efficiency drives complemented by supportive trends in all three of its major segments.

Transformation and valuation

The balance sheet transformation has been dramatic. Net debt, which stood at £5.1bn in 2021, is expected to swing to a net cash position of more than £7bn by 2027. Investors have taken comfort in this deleveraging, as well as the return to consistent profitability

Valuation metrics however, tell a story of rising expectations. After trading on just 10.4 times earnings in 2023 — reflecting some accounting anomalies — Rolls-Royce now carries a forecast price-to-earnings (P/E) of 41.5 in 2025. This is expected to ease back into the 30s through 2027.

Dividend payments resumed in 2024 with a modest 6p per share, rising gradually over the following years. This equates to a forward yield of less than 1%, so it isn’t yet an income play. Based on today’s share price, the yield only tops 1% in 2027.

While this valuation might look a little extreme, it’s all about content. Rolls-Royce is forecasted to deliver strong earnings growth and it operates in sectors with incredibly high barriers to entry.

Looking around the sector, there are very few companies to compare it too. US-listed GE Aerospace trades with similar valuation metrics. Equally, UK-listed Melrose Industries, which has some of the same exposures, trades at just 16 times forward earnings despite having an impressive earnings forecast.

The bottom line

The recent share price strength has been fuelled by a string of positive announcements, including more strong earnings in H1 and raising its full-year guidance. The company should also benefit from a £10bn deal, announced in August, which will see the UK supply Norway with Type 26 frigates.

Despite what seems to be an endless array of catalysts, investors should be aware of the risks. The business could struggle if airline traffic weakens or if defence budgets come under political pressure. Equally, with valuation multiples already stretched, any earnings disappointment could trigger a sharp pullback.

Personally, I still believe the stock’s worth considering, noting long-term supportive trends in aviation, defence, and even nuclear power. However, my personal sector preference is Melrose and I think it deserves further research.



This story originally appeared on Motley Fool

After a heist at their jewelry store, the owners may call it quits

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The mob that crashed an SUV through the front door of Kim Hung Jewelry in San José arrived in multiple vehicles and carried out their smash-and-grab robbery in less than a minute.

The masked robbers stormed through the shattered storefront, brandishing hammers, at least one gun and trash bags to haul away the merchandise, according to police.

The brazen daylight heist, which was caught on video, prompted an angry response from lawmakers, public safety advocates and Vietnamese community leaders who called for increased law enforcement resources to combat organized crime rings. It has also forced the Vietnamese family running the jewelry story to consider abandoning the business.

“This happens way too often, this doesn’t have to happen,” said Tuan Ngo, an organizer with a public safety advocacy group called Asians Unite.

Moments before the robbery Friday, the 88-year-old store owner and his adult son were getting ready to close the family business on Aborn Road in the nondescript strip mall. They stowed away most of their jewelry into a safe just after 2 p.m., according to relatives. That’s when a gray SUV backed into a parking spot outside and jumped the curb, crashing into the front entrance.

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The gray Ford Explorer crumbled a metal security gate and shoved a long display case back several feet. In surveillance video from inside the store, the father and son are seen jumping at the loud crash. The father appeared stunned, while the son runs away from the gnarled metal and broken glass. Relatives declined to identify the father and son for fear of retaliation from the robbers.

After a brief pause, the SUV pulled away and the mob stormed in through the gaping maw that was once the front door. The group wore knit caps, gloves, masks and hooded sweaters.

“Everybody get the f— down!” one of the suspects shouted, according to surveillance video.

The son fell to the floor and the father cried out as the masked thieves smashed display cases with hammers. One hooded robber grabbed an object out of the store owner’s hands and another shoved the elderly man to the floor.

At one point, a masked suspect appeared to point a handgun at the son. The group raced around the store, gathering items and dropping them into trash bags. The entire robbery unfolded in about 40 seconds, according to the surveillance video shared with The Times.

The group ran outside and jumped into at least four vehicles waiting in the parking lot. They left behind the SUV used to smash into the storefront.

The San José Police Department said the agency has no information to release about the suspects and the case is being investigated by the robbery unit.

The store owner’s niece, Linh, said her uncle is afraid, traumatized and uncertain whether he wants to keep the family business open. Linh declined to give her last name out of concern for her safety.

“We just don’t know if there will be a business there anymore,” she said. She said she feels “traumatized, angry, bad, sad.”

Linh said her uncle arrived in California over 40 years ago from South Vietnam and raised his family in and around San José.

“He’s a family man [who loves] his family,” Linh said.

She arrived at the store about 10 minutes after the robbery.

“He was very scared. He just kept speaking in Vietnamese,” Linh said. “Ối giời ơi, Ối giời ơi. Oh my god, oh my god.”

She noticed her uncle’s feet were bloodied from walking on broken glass in sandals and he was staring off into the distance and appeared to be in a fog. His voice was uneven and he wouldn’t say more than a few words at a time, she said. After a visit to a hospital, relatives learned that the elderly man had suffered a stroke. He spent the weekend in the hospital and by Wednesday the family said that he was recuperating at home.

Although a recent study from financial tech company SmartAsset ranked San José as one of the nation’s safest major cities, the robbery drew angry condemnations and calls for increased law enforcement.

The Vietnamese community rallied outside the jewelry store Tuesday evening, calling for better policing and more funding for public safety. They held signs that say “End Smash & Grab” and that call for the state to implement tougher penalties for criminals as approved by voters in November under Proposition 36.

Mayor Matt Mahan said San José is angry about the state of crime and acknowledged that the surveillance video of the smash-and-grab robbery “made his blood boil.”

Public safety advocacy groups have seized on the moment to ask state legislators and Gov. Gavin Newsom to increase policing and install more license plate readers in and around the Bay Area. The Coalition for Community Engagement, a group that supported the 2024 recall of Oakland’s mayor and Alameda County’s district attorney, pointed to the San José smash-and-grab as another example of crime run rampant.

“These are organized crime rings that operate around California. It was just San José’s turn on the list,” said Coalition for Community Engagement founder Edward Escobar.

Linh, the store owner’s niece, said her family is not asking for donations for her uncle’s store or his recovery.

“We just only are asking for prayer and wishes for him to get better,” she said. “We want everybody to know about the safety of our businesses right now.”



This story originally appeared on LA Times

H&M’s Fall 2025 Campaign Just Took Over London

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H&M debuts fall-winter 2025 campaign. Photo: Anthony Seklaoui / H&M

London just became the ultimate runway. The H&M fall-winter 025 campaign hits the streets with high-drama silhouettes, luxe textures, and a cast that owns the moment. Mona Tougaard, Vittoria Ceretti, Alex Consani, and Sora Choi lead the charge. They each bring serious presence and personality to this urban takeover.

H&M Fall/Winter 2025 Campaign

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Shot on location in London, the campaign is a love letter to the city’s rebellious fashion DNA. There are sweeping pleated skirts, leather minis, power tailoring, and faux fur collars that beg to be touched. Rich mocha browns, creamy neutrals, and plaid-on-plaid give it that 90s Britpop energy.

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From argyle knits and sharp blazers to floor-sweeping maxis and snake-print boots, the styling is equal parts nostalgic and next-level. These H&M clothes are made to stand out. The vibe? Effortlessly confident.

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It’s like you just stepped off the catwalk and straight into real life. This is with the wind at your back and somewhere important to be. This collection focuses on visual movement. A bold walk through London’s fashion past, styled for the future. Mona, Vittoria, Alex, and Sora are setting the tone for what’s next.



This story originally appeared on FashionGoneRogue

Charlie Kirk in His Own Words: ‘I Want to be Remembered for the Courage of My Faith’ (VIDEO) | The Gateway Pundit

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Screencap of Twitter/X video.

Charlie Kirk once appeared on a podcast where the host asked him how he wished to be remembered.

Although he was initially surprised by the question, he eventually replied that he wanted to be remembered for the courage of his faith.

Question: “How would you wanna be remembered?”

Charlie: “I wanna be remembered for courage for my faith. That that would be the most important thing. The most important thing is my faith in my life.”

See below:

FOX News notes that Kirk’s faith is definitely part of his legacy:

Charlie Kirk leaves behind powerful Christian faith legacy after tragic shooting

“Jesus defeated death so you can live,” wrote Charlie Kirk in one of his last X posts this past Saturday.

The Turning Point USA founder is dead after he was shot Thursday at Utah Valley University in Orem, Utah.

Kirk was a significant figure who inspired hundreds of young students, encouraging them not only in their political interests but also in leading lives guided by faith.

He married former Miss Arizona USA Erika Frantzve in May 2021. The couple has two children, a 3-year-old daughter and a 1-year-old son.

Turning Point has a branch focused purely on faith, called TPUSA Faith, “dedicated to empowering Christians to put their faith into action.”

It’s amazing that Charlie posted this on Twitter/X just two days ago.

Rest in peace, Charlie. You will not be forgotten and your faith will be one of the reasons you are remembered.




This story originally appeared on TheGateWayPundit