Top 4 Stocks About to Reach Their 52-Week High

A 52-week high is a technical indicator used by some of the world's top traders and investors to determine the current and future value of a stock. In this report we reveal today's top 4 stocks about to reach their 52-week highs.

By clicking the link above you will automatically opt-in to receive emails from MarketHundred

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

The Timely Gold Pocket Watch Sale For £1.175 Million As Gold Prices Soar With Promises To Climb Even Higher

A 14-carat gold Waltham pocket watch, retrieved from the Titanic sank, recently sold for £1.175 million at auction. The timing of the sale coincides with a recent surge in gold prices, which have seen a 13% increase this year.

Macy's names 2 independent directors as part of agreement with activist investor

NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.

America's Final Republican President - Ad

Louis Navellier believes Donald J. Trump could go down as America's last Republican president. But NOT for the reasons you may think... If he's right, the soul of this country will change forever...

Colgate-Palmolive Has Strong Brand-Building And Analytics-Driven Marketing Strategy, Says Analyst

BofA Securities analyst Bryan Spillane boosts Colgate-Palmolive's target to $100, citing impressive growth metrics. CL started the year strong with +9.8% organic sales and EPS of $0.86, beating estimates. Pricing surged +8.5%, driving a significant margin expansion. Hyperinflation in select regions fueled performance, while North America saw notable market share gains, a testament to Colgate's marketing prowess.

Move Over Nvidia: Experts Bullish On Intel's AI Chip, Predict Surge In These Three Global Stocks

Charlie Chan and his team at Morgan Stanley forecast that the total Gaudi shipment volume could hit 300-400k units in 2025, generating $2-3bn revenue for Intel.

A.I. Pioneer Issues Urgent Warning to Americans - Ad

According to one early A.I. pioneer: "You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There's no middle option."

Olympic track uniforms spark online debate about who designed them and why they're so skimpy

PARIS (AP) — U.S. track and field athletes have around four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and others who argue they don't need the internet to make sure they have good uniforms.

The No. 1 Crypto for 2024 - Ad

We're entering the final crypto bull run, and 2024 will be your last chance to ever get rich from crypto. These five tiny cryptos are believed to create generational wealth over the next 12 months. $30 trillion is poised to funnel into the crypto markets thanks to a new government regulation just signed.

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

The New York Attorney General Letitia James' office has moved to invalidate the $175 million bond secured by former President Donald Trump.

This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Ben Newton, a former apprentice at Deloitte, has achieved the feat of becoming a partner at the age of 30, earning $1.2 million a year.

Crypto Reboot Finally Makes An 8,788% Return Possible [NOT Bitcoin] - Ad

A crypto millionaire is revealing that a different cryptocurrency is going to do even better... It's not simply "buy the dip." Instead, it's a strategy that James learned during the dot com stock market crash. Not only has this strategy worked in a crash... it needs a crash to work best.

Rooting for Trump to fail has made his stock shorters millions

NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.

Cathie Wood's Ark Invest Sells $20M+ Coinbase Shares As Bitcoin Trades Over $70K, Buys Palantir, Sells Nvidia Stock

On Thursday, Cathie Wood’s Ark Invest made significant trades involving Coinbase Global, Inc. (NASDAQ:COIN), Palantir Technologies Inc. (NYSE:PLTR), and Nvidia Corp.

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad

Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.

Biden Reveals Personal Struggles After First Wife's Death: 'Let Me Just Go To The Delaware Memorial And Jump'

In a candid interview with radio host Howard Stern, President Joe Biden revealed his thoughts of suicide following the tragic death of his first wife and daughter.

The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one

ORONO, Maine (AP) — The world’s largest 3D printer has created a house that can cut construction time and labor. An even larger printer unveiled on Tuesday may one day create entire neighborhoods.

Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" - Ad

Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months.

A strong quarter for Wall Street lifts Goldman's first-quarter results

NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year.

An NPR editor who wrote a critical essay on the company has resigned after being suspended

NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned on Wednesday, a day after it was revealed that .

One Crypto Can Change Your Financial Life - Ad

The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.

Top 3 Financial Stocks That Are Ticking Portfolio Bombs

As of April 11, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Germany's Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

"Safe" Investors Who Don't Get Out of Cash NOW Could Lose Everything Over the Next Six Months - Ad

The next six months are going to be some of the most precarious times to invest in the history of the United States. Because for the first time, your money is at risk of being completely wiped out, even when you think it is safest. This bubble is on a schedule and to get out before your portfolio becomes shark bait, you need to...

If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line

LOS ANGELES (AP) — without having paid the lion’s share of the $33.5 million judgment a California civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend .

MUST SEE By May 1: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.

FBI Chief To Warn Congress Of Potential Coordinated Attack In US Similar To Russia Massacre: 'Threats To Our Public Safety And National Security...So Elevated'

FBI Director Christopher Wray is expected to raise concerns about the possibility of a coordinated attack in the United States, similar to the recent massacre in Russia, in a congressional hearing on Thursday.

Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects

KATHMANDU, Nepal (AP) — Nepal hosted an investment summit Sunday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more electricity that it can sell to neighboring countries.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Ex-Trump CFO Allen Weisselberg to be sentenced for perjury, faces second stint in jail

NEW YORK (AP) — Allen Weisselberg, a former longtime executive in Donald Trump’s real estate empire, is set to be sentenced Wednesday for lying under oath in the ex-president’s New York .

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

Nvidia Robotics Expert Praises Tesla FSD's 'Human-Like Maneuvers' As Magical

Tesla's latest FSD feature has impressed users like Nvidia employee Yuke Zhu who called it 'magical'. Tesla has made FSD more accessible with price cuts and free trials.

Election Shock on August 19th? - Ad

In less than 258 days, I expect the biggest presidential election shock since 1968. Forget about Donald Trump... And forget about Joe Biden... Instead, I believe the unexpected is barreling toward America. And I believe the aftermath will transform this country forever.

Dead whale in New Jersey had a fractured skull among numerous injuries, experts find

LONG BEACH TOWNSHIP, N.J. (AP) — A post-mortem examination of a whale that washed ashore on New Jersey's Long Beach Island found that the animal had sustained numerous blunt force injuries including a fractured skull and vertebrae.

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