Nvidia CEO Makes First Ever Tesla Announcement

While Tesla's car sales slump, Nvidia's CEO says Tesla could lead a multi-trillion-dollar AI revolution. He's backing what's being called "Manifested AI" - a 25,000% growth market. And one tiny stock, 168x smaller than Nvidia, could be your way in before the world catches on.

Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

JOHN LEICESTER
April 15, 2024

PARIS (AP) -- In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end.

That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool. It will be dismantled after the Games and trucked from the Olympic race venue in Paris' high-rise business district to Sevran, a Paris-area town with less glitter and wealth. There, the pieces will be bolted back together and -- voila ! -- Kebbi and her swim team will have a new Olympic-sized pool to splash around in.

"It's incredible !" she says. "I hope it's going to bring us luck," adds her mother, Nora.

In 100 days as of Wednesday, the Paris Olympics will kick off with a wildly ambitious waterborne opening ceremony. But the first Games in a century in France's capital won't be judged for spectacle alone. Another yardstick will be their impact on disadvantaged Paris suburbs, away from the city-center landmarks that are hosting much of the action.

By promising socially positive and also less polluting and less wasteful Olympics, the city synonymous with romance is also setting itself the high bar of making future Games generally more desirable.

Critics question their value for a world grappling with climate warming and other emergencies. Potential host cities became so Games-averse that Paris and Los Angeles were the only remaining candidates in 2017 when the International Olympic Committee selected them for 2024 and 2028, respectively.

After scandals and the $13 billion cost of the pandemic-delayed Tokyo Games in 2021, unfulfilled promises of beneficial change for host Rio de Janeiro in 2016 and the 2014 Winter Games in Sochi tarnished by Russian doping and President Vladimir Putin's subsequent land grabs in Ukraine, the Switzerland-based IOC has mountains of skepticism to dispel.

Virtuous Summer Games in Paris could help the long-term survival of the IOC's mega-event.

SPREADING BENEFITS BEYOND CENTRAL PARIS

The idea that the July 26-Aug. 11 Games and Aug. 28-Sept. 8 Paralympics should benefit disadvantaged communities in the Seine-Saint-Denis region northeast of Paris was built from the outset into the city's plans.

Seine-Saint-Denis is mainland France's poorest region. Thanks to generations of immigration, it also is vibrantly diverse, counting 130 nationalities and more than 170 languages spoken by its 1.6 million inhabitants. For Seine-Saint-Denis kids facing racial discrimination and other barriers, sports are sometimes a route out. World Cup winner Kylian Mbappé honed his silky soccer skills as a boy in the Seine-Saint-Denis town of Bondy.

Once heavily industrialized, Seine-Saint-Denis became grim and scary in parts after many jobs were lost. Rioting rocked its streets in 2005 and again last year. Members of an Islamic extremist cell that killed 130 people in the French capital in 2015 hid after the carnage in an apartment in the town of Saint-Denis and were killed in a shootout with heavily armed SWAT teams. That drama unfolded just a 15-minute walk from the Olympic stadium that will host track and field and rugby and the closing ceremonies.

Concretely, the Games will leave a legacy of new and refurbished sports infrastructure in Seine-Saint-Denis, although critics say the investment still isn't enough to catch it up with better equipped, more prosperous regions.

Mamitiana Rabarijaona grew up close to the Olympic stadium, built originally for the 1998 soccer World Cup. He says it didn't provide much of a boost for Seine-Saint-Denis residents. He believes the Olympics will be "a big party" and he will be among 45,000 volunteers who'll be helping. But he is not expecting Olympic-related investments to magically erase Seine-Saint-Denis' many difficulties.

"It's like lifting the carpet and brushing the dust underneath," he said. "It doesn't make it go away."

Seine-Saint-Denis got the new Olympic village that will become housing and offices when the 10,500 Olympians and 4,400 Paralympians have left. It also is home to the Games' only purpose-built competition venue, an aquatics center for diving, water polo and artistic swimming events. Other competition venues already existed, were previously planned or will be temporary.

"We really were driven by the ambition of sobriety and above all not to build sports facilities that aren't needed and which will have no reason to exist after the Games," Marie Barsacq, the organizing committee's legacy director, said in an interview.

The hand-me-down 50-meter pool for Sevran will be a significant upgrade. The Seine-Saint-Denis town of 51,000 people was whacked by factory closures in the 1990s. Its existing 25-meter pool is nearly 50 years old.

Other Seine-Saint-Denis towns are also getting new or renovated pools -- particularly welcome for the region's children, because only half of them can swim.

"The ambition for these Olympic Games ... is that they benefit everyone and for the longest time possible," said Sevran Mayor Stéphane Blanchet. The Olympics, Blanchet said, can't "carry on just passing though and then moving on without thinking about tomorrow."

PARIS' COSTS COMPARE FAVORABLY

At close to 9 billion euros ($9.7 billion), more than half from sponsors, ticket sales and other non-public funding, Paris' expenses so far are less than for the last three Summer Games in Tokyo, Rio and London in 2012.

Including policing and transport costs, the portion of the bill for French taxpayers is likely to be around 3 billion euros ($3.25 billon), France's body for auditing public funds said in its most recent study in July.

Security remains a challenge for the city repeatedly hit by deadly extremist violence. The government downsized ambitions to have 600,000 people lining the River Seine for the opening ceremony. Citing the risk of attacks, it shelved a promise that anyone could apply for hundreds of thousands of free tickets. Instead, the 326,000 spectators will either be paying ticket-holders or have been invited.

Privacy advocates are critical of video surveillance technology being deployed to spot security threats. Campaigners for the homeless are concerned that they will be swept off streets. Many Parisians plan to leave, to avoid the disruptions or to rent their homes to the expected 15 million visitors. With trade unions pushing for Olympic bonuses, strikes are also possible.

And all this against an inflammable backdrop of geopolitical crises including but not limited to the Israel-Hamas war and Russia's invasion of Ukraine. As a consequence, the IOC isn't allowing athletes from Russia and ally Belarus to parade with other Olympians at the opening ceremony.

Still, Olympics fans expect big things of Paris. They include Ayaovi Atindehou, a 32-year-old trainee doctor from Togo studying in France. The Olympic volunteer believes the Games can bridge divisions, even if just temporarily.

"The whole world without racial differences, ethnic differences, religious differences. We will be all together, shouting, celebrating," he said. "We need the Olympic Games."

___

AP Olympics coverage: https://apnews.com/hub/2024-paris-olympic-games

Continue Reading...

Popular

Cathie Wood Dumps $5.2 Million Worth of This AI Stock, Here's What Ark Bought Instead

Ark Invest decided to sell shares of Tempus AI (TEM), despite positive news of FDA clearance for its diagnostic device. They also made other key trades.

Dave Ramsey Doesn't Mess Around With Bitcoin Or Gold, Says 'I Have Three Investments' — Here's What They Are

Personal finance expert Dave Ramsey has long dismissed crypto, gold and single-stock investing, calling them risky distractions — but new research shows that his disciplined mutual fund approach may have cost him market-beating returns.

Claim Your Share of $5.39 Billion in AI Equity Checks - Ad

Virtually every AI model is built off stolen data...so it's only fair that you deserve some kind of compensation...And the U.S. government seems to agree. Which is why you could now receive as much as $3,452.50 per month on average from "AI Equity Checks."

Trump Ally Laura Loomer Turns on Him Over Qatar Military Base Plan, Calls It a 'Betrayal'

Laura Loomer, a staunch supporter of President Donald Trump, has voiced her dissatisfaction with the president's decision to permit a Qatari air force facility in Idaho.

Here's How Much $1000 Invested In Union Pacific 20 Years Ago Would Be Worth Today

Union Pacific (NYSE: UNP) has outperformed the market over the past 20 years by 4.88% on an annualized basis producing an average annual return of 13.7%. Currently, Union Pacific has a market capitalization of $138.27 billion.

October 16: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on October 16. Investors who make the right moves before then could make up to 40X by 2032...

Nebius Vs. Palantir: The AI Infrastructure War At 100x Sales

Wall Street's AI mania has sparked a battle between Nebius (NBIS) and Palantir (PLTR) as investors question where the true value of AI lies.

Charlie Kirk's Company Takes On Comcast, NFL With Its Own Super Bowl Halftime Show

Super Bowl LX could be turning political with conservative organization Turning Point USA planning its own halftime show broadcast.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

A drug made from marijuana reduced back pain in a large study

WASHINGTON (AP) — An experimental medication made from successfully reduced back pain in a new study, offering further support for the drug’s potential in treating one of the most common forms of .

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Ray Dalio Predicts 'Very, Very Dark Times,' Trump's Tariffs Bring In $350 Billion And Gold Nears $3,800: This Week In Economy

The past week was filled with significant economic events and market movements. From a billionaire investor’s ominous warning to a controversial tariff’s financial impact, here’s a quick recap of the week’s top stories.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Costco, Oracle, IBM, CarMax And BlackBerry: Why These 5 Stocks Are On Investors' Radars Today

On Thursday, the stock market experienced a downturn, with the S&P 500 and the Nasdaq both closing lower. The Dow Jones also saw a decline of over 170 points.

Datavault AI Shares Are Trending After New Initiative To Boost XRP Adoption: What You Should Know

Datavault AI Inc. (NASDAQ:DVLT) shares cooled down Tuesday after-hours following a solid double-digit surge in the regular trading session. The stock was seen trending at the time of writing.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Jim Cramer Says 'No' To Ambarella, But Gilat Satellite Is Still A 'Buy'

On CNBC's "Mad Money Lightning Round," Jim Cramer discusses Rivian, Energy Fuels, Gilat Satellite, Ambarella and AST SpaceMobile.

From Boring to Booming—Utilities Are The New Winners Of The AI Gold Rush

Utilities have always had a reputation for being a "sleepy" corner of the stock market. Steady, predictable dividend payers one bought late in the bull market to preserve a portfolio.

The "Mar-A-Lago Accord" Is Now Underway - Ad

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

Nvidia's Value Reaches $4.6 Trillion, Bitcoin Eyes $120,000: What's Moving Markets Thursday?

On the second day of the U.S. government shutdown, Wall Street remains largely subdued, with indexes showing only slight midday declines after touching fresh record highs at the open.

Trump Advises Parents To Split Vaccines, Delay Hepatitis B Shots Until Age 12: 'This Is Based On What I Feel'

President Donald Trump on Monday offered advice on childhood vaccination schedules, encouraging parents to split up certain immunizations and delay certain others, in sharp contradiction to current medical recommendations.

Why Is Wall Street Moving Their Money Overnight? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

CCDOG Themed On 'Courage The Cowardly Dog' Explodes 86% After Joining 'Forces' With Shiba Inu

A memecoin based on the iconic “Courage the Cowardly Dog” cartoon figure soared Wednesday after being promoted by the Shiba Inu (CRYPTO: SHIB) ecosystem.

Trump administration puts on hold $18 billion in funding for New York City infrastructure projects

WASHINGTON (AP) — President Donald Trump's administration said Wednesday it was putting a hold on roughly $18 billion to fund beneath the Hudson River between New York City and New Jersey and the city's expanded project because of .

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

What to do if you're underwater on your car loan

More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity — the highest share in more than four years.

What You Need to Know About Annuities

Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, Morningstar’s director of personal finance and retirement planning.

Nvidia CEO Makes First Ever Tesla Announcement - Ad

While Tesla's car sales slump, Nvidia's CEO says Tesla could lead a multi-trillion-dollar AI revolution. He's backing what's being called "Manifested AI" - a 25,000% growth market. And one tiny stock, 168x smaller than Nvidia, could be your way in before the world catches on.

Trump's touting of an unproven autism drug surprised many, including the doctor who proposed it

WASHINGTON (AP) — When President Donald Trump's administration announced it would as a new treatment for autism, it came as — including the physician who suggested the idea to the nation’s top health officials.

Claim Your Share of $5.39 Billion in AI Equity Checks - Ad

Virtually every AI model is built off stolen data...so it's only fair that you deserve some kind of compensation...And the U.S. government seems to agree. Which is why you could now receive as much as $3,452.50 per month on average from "AI Equity Checks."

Runway Growth Moves To Acquire SWK Holdings In Strategic Deal

SWK Holdings shares jump 20% after Runway Growth Finance agrees to acquire the company in a $220M cash-and-stock NAV-for-NAV merger.

Tesla Diner Served 50,000 Burgers Last Quarter, While The Company Saved 842 Million Liters Of Gas

Tesla shares stats of its Supercharger locations and its Tesla Diner for the third quarter. A look at some of the surprises and daily rates.

October 16: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on October 16. Investors who make the right moves before then could make up to 40X by 2032...

How To Earn $500 A Month From Steelcase Stock Ahead Of Q2 Earnings

Steelcase offers an annual dividend yield of 2.37% (40 cents a year). How can investors pocket a regular $500 monthly?

Costco Shares Are Trading Lower Friday: What's Going On?

Costco Wholesale Corporation (NASDAQ: COST) shares are trading lower Friday despite a fourth quarter earnings beat.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

12 Health Care Stocks Moving In Monday's Intraday Session

Gainers cbdMD (AMEX:YCBD) shares rose 116.3% to $1.35 during Monday's regular session. The company's market cap stands at $5.5 million. Zura Bio (NASDAQ: ZURA) stock moved upwards by 42.94% to $3.44. The company's market cap stands at $156.6 million.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service