Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Australian Test captain Tim Paine resigns amid sexting scandal

Published

on

Tim Paine has resigned as captain of the Australian men’s cricket team

Australian cricket’s Tim Paine has stood down as captain after being investigated by Cricket Australia over sending a co-worker an explicit image of himself along with a string of lewd messages.

It’s an extreme turnaround for the the 36-year-old who was of course promoted to captain following the ball tampering scandal in South Africa in 2018, he’s now resigned in shame ahead of the Ashes.

Cricket Australia chairman Richard Freudenstein said “Tim felt it was in the best interests of his family and Australian cricket to take this decision to step down as captain.

Speaking to media in Hobart on Friday afternoon, Paine confirmed he had stepped down as Australian Test captain with immediate effect.

“It’s an incredibly difficult decision, but the right one for me, my family, and cricket,” he said.

“Nearly four years ago, I was involved in a text exchange with a then-colleague. At the time, the exchange was the subject of a thorough CA Integrity Unit investigation, throughout which I fully participated in and openly participated in. That investigation and a Cricket Tasmania HR investigation at the same time found that there had been no breach of the Cricket Australia Code of Conduct.

“We thought this incident was behind us and that I could focus entirely on the team, as I have done for the last three or four years. However, I recently became aware that this private text exchange was going to become public.

“On reflection, my actions in 2017 do not meet the standard of an Australian cricket captain, or the wider community. I’m deeply sorry for the hurt and pain that I have caused to my wife, my family, and to the other party.

The announcement comes less than three weeks out from the first Ashes Test at the Gabba, which is scheduled to commence on Wednesday, December 8.

News

AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

Published

on

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.


The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews


Download the Ticker app

Continue Reading

News

AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Published

on

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.


Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending


Download the Ticker app

Continue Reading

News

Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

Published

on

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!


2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields


Download the Ticker app

Continue Reading

Trending Now