I did a 5-minute wall sit every day for a week — here’s what happened to my legs Tom’s Guide
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Amid ongoing chaos at Twitter, the Meta Threads app has been penned in for launch on 6 July, as the Facebook and Instagram parent company looks to take advantage of what it perceives to be an emerging gap in the market.
The new Meta Threads app has already appeared in app stores ahead of its official release date, with more details about what the app is and how it works now available.
Threads will be connected to Instagram, allowing users to keep the same handle and maintain the same follower lists. However, while Instagram is a visual platform, Threads will be a text-focused micro-blogging app, a clear indication that Meta is looking to compete directly with Twitter.
Twitter owner Elon Musk made headline news over the weekend as he introduced a reading limit for users on the platform. Subscribers to the Twitter Blue premium service were initially limited to reading 6,000 posts per day, while non-subscribers were limited to just 600.
The move was widely panned, despite Musk’s protests that it was necessary to address “data-scraping” issues.
This was just the latest in a long line of questionable decisions made by Musk, who continues to attempt to bring advertisers back to the platform after his controversial takeover in 2022.
Recently, Twitter confirmed plans to introduce a revenue share feature for brands and creators on the platform, but this news has since been eclipsed by the reading limit scandal. The reading limit has since been lifted, but has left users concerned about the direction of the platform.
This could, therefore, be the perfect time for Meta to launch Threads. By providing a viable Twitter alternative that instantly links with existing user Instagram accounts, Meta could attract much of Twitter’s user base.
Whether Threads will or not remains to be seen, but both Twitter and Meta will undoubtedly be watching the situation closely.
For affiliate marketers, the emergence of any new social platform is important. By all accounts, Threads will be an off-shoot, text-based version of Instagram, and will likely launch with access to Instagram’s large data pools.
What this means is that Threads could get off to a flying start. It may benefit from the current popularity of Instagram and could be able to leverage existing communities on the platform to rapidly establish itself as a top social channel.
Affiliate marketers and program managers must be prepared for this. Your marketing strategies need to be dynamic and ready to change to fit a rapidly shifting digital landscape. Instagram is an incredibly important channel for affiliates and influencers, so Threads could prove to be similarly successful, and could become an additional promotion and partner traffic source as we move forward.
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Volunteers Kierra Chante and Michaela Triche prepare to cut plywood as New Orleans Area Habitat for Humanity hosts a Pride Build on Tennessee Avenue in New Orleans on Friday, June 23, 2023. Pride Build brings together local members of the LGBTQ community and allies to help build a home for a local family. The home will be purchased at a no-interest mortgage by a hard-working single mom. In lieu of a cash down payment, the homebuyer has worked more than 250 volunteer hours helping others become first-time homeowners. (Photo by Brett Duke, NOLA.com | The Times-Picayune)
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- ‘You do more work, you do more effective work when you’re physically present at your workplace,’ Ohio Senate President Matt Huffman says.
- State Rep. Jay Edwards says remote work saves taxpayer money. Says he plans to fight plan to have workers return.
- If Senate plan approved by the House and Gov. DeWine, it would take effect Oct. 1 for most employees.
Senate Republicans want to send state employees back to the office at least four days per week.
The proposed change would prohibit most state employees from working at home for more than eight hours in a work week. There are limited exceptions for judicial employees and those with accommodations under the federal Americans with Disabilities Act. It would not apply to state university or college employees.
More:Do you have questions about Ohio’s August constitution issue? We want to answer them
“You do more work, you do more effective work when you’re physically present at your workplace,” Senate President Matt Huffman, R-Lima, told reporters last week. That’s particularly important for state workers interacting with legislators, Huffman said. “In-person meetings are almost always more effective with the complexity of the issues that we deal with.”
But Rep. Jay Edwards, R-Nelsonville, says remote work saves taxpayers money on renting office space, helps attract qualified candidates and allows people to work outside of city centers.
“I plan to fight against it. I think it’s a bad provision and I think it’s something we’ve got to get fixed,” Edwards said.
Research from Owl Labs on remote, hybrid and office work found 62% of workers feel more productive when working remotely. Two-thirds of workers said they would start looking for another job immediately if they lost the ability to work from home, according to the 2022 survey.
The proposed in-person work schedule was added to a Senate-passed version of the state’s two-year budget. The final budget, which will include input from House legislators, is due June 30. Gov. Mike DeWine can then veto ideas he doesn’t like.
“Do we want to have most people back working (in the office)? Well, sure,” DeWine said. “But it’s a case-by-case situation and we are an employer. We have an obligation to hire the best people we can, fill the positions and to get the job done. We have to have some flexibility to do that, just like any other company.”
DeWine added that to compete for the best workers, the state might need to allow them to work from home or live outside of the city centers. “That may be the only way we’re able to fill a particular position.”
How many state employees work remotely?
It’s not clear how many state employees work in the office four days a week currently. Each department sets its own policies based on the work required. Ohio State Highway Patrol and Ohio prison guards, for example, report to in-person work more than information technology professionals.
In March, Ohio Department of Job and Family Services got the green light to discontinue six leases, saving the state $1.3 million, according to the Department of Administrative Services.
At the Ohio Department of Development, 83% of staff work in the office two or more days per week. Starting Sept. 12, the department is phasing in a return to the office for all employees, a spokeswoman said.
Ohio Attorney General Dave Yost told employees that he would “stay involved” and point out any unforeseen consequences, according to a video sent to staff.
“I understand that this is going to, if it were to become law, create a lot of complications. Many of you have children or aging parents or family members that are sick and this is going to impact, it’s going to complicate your life if it becomes law,” Yost said in the video.
If approved by the House and DeWine, the change would take effect on Oct. 1 for most employees.
Another Senate-approved change would increase the number of weeks that state employees can take paid parental leave from the current four to eight. The first two weeks would be paid at 100% and the next six at 70%. However, the number of weeks is a decrease from what DeWine proposed: 12 weeks of paid leave at 70%.
Jessie Balmert is a reporter for the USA TODAY Network Ohio Bureau, which serves the Columbus Dispatch, Cincinnati Enquirer, Akron Beacon Journal and 18 other affiliated news organizations across Ohio.
Get more political analysis by listening to the Ohio Politics Explained podcast
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I did 70 side plank dips every day for a week — here are my results Tom’s Guide
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I did weighted sit-ups every day for a week — here’s what happened Tom’s Guide
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Despite significant setbacks over the previous year, the semiconductor industry’s future appears bright. Also, given the government initiatives, we think quality chip stocks Analog Devices (ADI), Camtek (CAMT), and inTEST (INTT) might be worth buying. Read on.
Despite the short-term slump, the semiconductor industry’s long-term growth prospects remain bright. While semiconductor sales fell in the first quarter of 2023, sales increased by 0.3% in March 2023 compared to February 2023, the first month-over-month increase in a year, providing optimism for a rebound.
So, investors could take a look at quality chip stocks Analog Devices, Inc. (ADI), Camtek Ltd. (CAMT), and inTEST Corporation (INTT).
Governments worldwide are investing heftily to build self-sufficiency in the semiconductor and electronics supply chain. The Biden-Harris Administration announced the first CHIPS for America grant opportunity earlier this year in order to revitalize the American semiconductor industry.
In addition, the Biden administration proposed a new 25% investment tax credit for semiconductor production in the United States. The global semiconductor market is expected to grow at a 13.1% CAGR until 2032.
Investors’ interest in chip stocks is evident from the VanEck Vectors Semiconductor ETF’s (SMH) 20% returns over the past six months.
Let’s delve deeper into the fundamentals of the stocks mentioned above.
Analog Devices, Inc. (ADI)
ADI designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies.
In terms of forward Price/Book multiple, ADI is trading at 2.62 is 29.8% lower than the industry average of 3.74. In addition, ADI’s forward EV/EBIT of 15.89x is 9.1% lower than the industry average of 17.47x.
ADI’s trailing-12-month ROTA of 4.57% is significantly higher than the industry average of 0.26%. Its trailing-12-month ROCE of 44.88% is significantly higher than the industry average of 0.71%.
ADI’s revenue increased 21.1% year-over-year to $3.25 billion in the fiscal first quarter, which ended January 28, 2023. Its adjusted operating income increased 35.1% year-over-year to $1.66 billion. Also, its EPS increased 41.8% year-over-year to $2.75.
The consensus revenue estimate of $12.72 billion for the year ending October 2023 represents a 5.9% increase year-over-year. Its EPS is expected to grow at 12.6% year-over-year to $10.78 for the same period. It surpassed EPS estimates in all four trailing quarters.
ADI’s shares have gained 17.8% over the past year to close the last trading session at $191.31.
ADI’s POWR Ratings reflect this promising outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
ADI also has a B grade for Momentum, Sentiment and Quality. It is ranked #25 out of 90 stocks in the Semiconductor & Wireless Chip industry. Click here for the additional POWR Ratings for Value, Stability, and Growth for ADI.
Camtek Ltd. (CAMT)
Headquartered in Migdal HaEmek, Israel, CAMT develops, manufactures, and sells inspection and metrology equipment. It serves various semiconductor industry segments and sells its products across the Asia Pacific, the U.S., and Europe.
CAMT’s forward EV/EBIT multiple of 13.48 is 28.3% lower than the industry average of 18.79. Its forward non-GAAP P/E multiple of 16.64 is 20.6% lower than the industry average of 20.95.
CAMT’s trailing-12-month ROCE of 21.92% is significantly higher than the 0.72% industry average. Its trailing-12-month ROTA of 11.53% is significantly higher than the 0.31% industry average.
CAMT’s total current assets came in at $561.57 million for the period that ended March 31, 2023, compared to $556.96 million for the period that ended December 31, 2022. Also, its current liabilities came in at $74.45 million, compared to $88.50 million for the same period.
Analysts expect CAMT’s revenue to increase 10.8% year-over-year to $323.53 million in 2024. Its EPS is expected to grow 10.5% to $1.86 in 2024. It surpassed EPS estimates in all four trailing quarters. The stock has gained 18.9% over the past six months to close its last trading session at $27.96.
It’s no surprise that CAMT has an overall B rating, equating to a Buy in our POWR Ratings system. It has an A grade for Momentum and a B for Stability and Quality. It is ranked #27 in the same industry.
Beyond what is stated above, we’ve also rated CAMT for Sentiment, Value, and Growth. Get all CAMT ratings here.
inTEST Corporation (INTT)
INTT supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through three segments: Electronic Test; Environmental Technologies; and Process Technologies.
On April 18, 2023, INTT announced that its wholly owned subsidiary, inTEST Thermal Solutions, has become a distributor for Stellar Scientific (“Stellar”), a research and development-focused equipment provider to the scientific community.
Stellar Scientific and inTEST Thermal Solutions have partnered to offer a wide range of inTEST’s North Sciences Ultra-Low Temperature (ULT) biomedical freezers to clients. Importantly, the agreement broadens market opportunities for North Sciences products by using Stellar’s GSA contract to serve US government agencies.
INTT’s forward EV/Sales multiple of 1.84 is 33.3% lower than the industry average of 2.75. Its forward Price/Sales multiple of 1.79 is 32.3% lower than the industry average of 2.65.
INTT’s trailing-12-month ROCE of 17.19% is significantly higher than the 0.72% industry average. Its trailing-12-month ROTA of 9.43% is significantly higher than the 0.31% industry average.
INTT’s revenue came in at $31.92 million for the fiscal first quarter that ended March 31, 2023, up 32.5% year-over-year. Also, its non-GAAP EBITDA increased 126.1% year-over-year to $4.83 million. Its non-GAAP net earnings and EPS came in at $3.27 million and $0.29, up 158.2% and 141.7% year-over-year, respectively.
Street expects INTT’s revenue to increase 10.9% year-over-year to $129.61 million in 2023. Its EPS is expected to increase 17.2% year-over-year to $1.16 in 2023. It surpassed EPS estimates in three of four trailing quarters. Over the past year, the stock has gained 206.1% to close the last trading session at $21.52.
INTT’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
It is ranked #26 in the same industry. It has an A grade for Momentum and a B for Growth. To see additional INTT’s rating for Value, Stability, Sentiment, and Quality, click here.
The Bear Market is NOT Over…
That is why you need to discover this timely presentation with a trading plan and top picks from 40 year investment veteran Steve Reitmeister:
REVISED: 2023 Stock Market Outlook >
ADI shares were trading at $189.85 per share on Tuesday morning, down $1.46 (-0.76%). Year-to-date, ADI has gained 16.28%, versus a 9.69% rise in the benchmark S&P 500 index during the same period.
About the Author: Rashmi Kumari
Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master’s degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.
The post 3 Chip Stocks to Buy This Week appeared first on StockNews.com
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Inside the gym that’s charging members $1000 a week Body+SoulView Full Coverage on Google News
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- Don’t be alarmed | FBI conducting nuclear training incident exercise in Houston this week KHOU 11
- Texas city holds week-long nuclear training exercise led by FBI, involving military Fox News
- FBI: Don’t be alarmed by upcoming nuclear training incident exercise in Houston KHOU 11
- FBI nuclear training exercises will take place in Houston and Harris County through Friday KTRK-TV
- Large-scale nuclear training exercise to take place, what Houstonians need to know FOX 26 Houston
- View Full Coverage on Google News
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I did knee planks every day for a week — here’s what happened Tom’s Guide
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