News
LeBron James passes billion-dollar milestone
Los Angeles Lakers superstar LeBron James has set another record by becoming the first active NBA player to reach billionaire status
According to Forbes, James has earned approximately $380million in earnings for the three teams he represented in his 19 seasons in the premier basketball competition, and over $900m from endorsements and other business ventures.
These include endorsement deals with Nike, AT&T, PepsiCo, and Walmart, as well as investments in Tonal, Lyft and Blaze Pizza.
Last year James earned a whopping $121.2 million, making him the second highest-paid athlete in the world behind only footballer Leo Messi.
The 37-year-old also holds a minority stake in English Premier League side Liverpool, when he went into partnership with Fenway Sports Group in 2011, before becoming a part owner in the organisation.
James also invested in movie studio SpringHill Entertainment, which helped to produce a film he starred in – Space Jam: A New Legacy.
The only other NBA player to pass the billion-dollar milestone is Michael Jordan, however, Jordan didn’t reach the ten-figure mark until a decade after retirement.
News
U.S. pushes Ukraine toward controversial peace plan with Russia
US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.
US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.
The United States is pressuring Ukraine to accept a peace plan that would see the country surrender territory and military equipment as part of a negotiated settlement with Russia. The proposal has sparked concern within Kyiv over the potential loss of sovereignty and long-term security.
President Volodymyr Zelenskiy is in Turkey discussing this plan, which may also involve cuts to Ukraine’s armed forces. His visit comes as Washington intensifies efforts under the Trump administration to secure an end to the conflict, despite fears the terms could undermine Ukraine’s national interests.
As Russian forces continue their aggressive campaign, holding roughly 19% of Ukrainian territory, Zelenskiy is attempting to revive peace talks before winter further complicates the frontline. The stakes remain high as the geopolitical landscape shifts.
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#Ukraine #USPolitics #PeacePlan #Zelenskiy #Russia #Geopolitics #WarInUkraine #TickerNews
News
Senate clears Epstein files release despite White House push
Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.
Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.
The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.
Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.
Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.
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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews
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Nvidia earnings shake tech stocks as ASX heads into Christmas
Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.
Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.
Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.
Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.
With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.
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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews
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