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Bangladesh’s ousted and self-exiled Prime Minister Sheikh Hasina was sentenced to six months in prison by the country’s International Crimes Tribunal on Wednesday in a contempt of court case, a top prosecutor said.

Hasina has been facing multiple cases since she fled to India after deadly student-led protests in August, but it was the first time the former leader was sentenced in one of them.

Shakil Akand Bulbul, a leader of the Awami League party’s banned student wing Chhatra League, was also sentenced to two months in prison in the same case, Chief Prosecutor Muhammad Tajul Islam told reporters. The party had been led by Hasina for years.

A three-member ICT tribunal, led by Justice Golam Mortuza Mozumder, delivered the verdict in their absence, noting that the sentences will take effect upon arrest or surrender, the prosecutor added.

The contempt charges stem from a leaked phone recording where Hasina was allegedly heard saying, “there are 227 cases against me, so I now have a licence to kill 227 people.”

A forensic report by a government investigative agency later confirmed the audio’s authenticity.

The ICT was originally set up in 2010 by Hasina’s own government to try 1971 war crimes.

Bangladesh’s interim administration, led by Nobel laureate Muhammad Yunus, pledged to hold leaders, including Hasina, accountable for rights abuses and corruption, including the crackdown on the student-led uprising last July that toppled Hasina’s regime.

The tribunal has so far issued three arrest warrants for Hasina, including charges of crimes against humanity linked to the July violence. Hasina’s Awami League party remains banned while trials continue against the party and its former leaders.

Supporters of Hasina dismiss the charges as politically motivated, but the interim government insists the trials are crucial for restoring accountability and rebuilding trust in Bangladesh’s democratic institutions.

This post appeared first on cnn.com

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs.

Investors were already punishing Tesla on Tuesday, sending shares in the electric carmaker more than 4% lower in afternoon trading. The stock has experienced a late-spring rally alongside the broader market but remains down some 20% so far this year. The shares have been pummeled by a global backlash to Musk’s alliance with Trump on the campaign trail and in the White House, where the multibillionaire led a sweeping program of government cuts

Musk acknowledged there had been “some blowback” to the actions taken by his Department of Government Efficiency project that may have affected Tesla sales. Yet investors remain largely bullish on the company and its efforts to pivot away from mass-market EVs and toward self-driving taxis and robotics, pushing its market valuation back toward $1 trillion.

Tesla remains Musk’s best-known business, but its fortunes are less directly tied to the government than SpaceX, his rocket-building company. SpaceX’s $350 billion valuation largely rests on the many government contracts that fuel it. SpaceX’s work for NASA has ramped up in recent years in support of the Artemis mission to return to the moon.

Meanwhile, SpaceX’s Dragon spacecraft is currently the only active vessel capable of carrying astronauts to and from the International Space Station. SpaceX has also become essential to the Department of Defense’s missions taking satellites into orbit and today is responsible for the majority of such missions, according to Ars Technica.

SpaceX is privately held, meaning its shares don’t trade on the open market. It is thus difficult to get a real-time gauge on how worsening relations could affect the company’s fortunes. But the impact could be substantial. Since fiscal year 2000, total revenue for SpaceX and Tesla from federal unclassified contracts sits at $22.5 billion, according to Bloomberg Government data — with most of those going to the former. The Washington Post has put the figure for SpaceX alone at close to $38 billion, with $6.3 billion alone coming in 2024 — the highest annual total to date.

The dispute with Trump has also taken a chunk out of Musk’s personal net worth. After soaring to an all-time high of nearly half a trillion dollars after Trump’s election win, Musk’s publicly available wealth tally now sits at $400 billion, though that still makes him the world’s wealthiest individual by nearly $150 billion ahead of Oracle founder Larry Ellison, another Trump ally.

The Musk-Trump tiff first exploded into public view last month, shortly after Musk formally stepped down from his special government employee role and criticized the massive spending and tax cut bill that Republican senators passed Tuesday. Trump responded at the time by threatening to “terminate Elon’s Governmental Subsidies and Contracts.”

Musk, in turn, said he would begin “decommissioning” the Dragon, only to reverse course hours later after an X user advised him and Trump to “cool off and take a step back for a couple of days.”

Before their initial flare-up subsided, Musk announced he would be reining in his political spending weeks after a candidate he had backed lost a key Wisconsin Supreme Court race. Some analysts believe the current relapse in tensions between the two men will be short-lived given Musk’s reliance on the government, and vice-versa.

Still, Musk is now discussing launching his own political party to address the U.S.’s fiscal imbalances, which he believes Trump’s bill will exacerbate — a contention supported by the nonpartisan Congressional Budget Office. While the South Africa-born executive is ineligible to run for office, any candidate he backed for national office would likely face immediate conflict-of-interest questions.

This post appeared first on NBC NEWS

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.

In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.

This lawsuit is the latest example of Apple publicly going after a former employee for leaking internal information. Apple is an intensely secretive company, and lawsuits like this one highlight how the iPhone maker exercises tight control over its internal information, even if it has to pursue legal action against former staff.

Apple alleges that Liu didn’t inform the company when he resigned late last year that he was headed to Snap, a competitor and maker of smart glasses. As a result, Apple did not shut off his access to accounts and allowed him a customary two-week transition period, which he used to download company files, according to the lawsuit.

“Worse still, the review of Mr. Liu’s Apple-issued work laptop also shows that while maintaining access to Apple’s Proprietary Information under false pretenses, he used his Apple credentials to exfiltrate thousands of documents containing Proprietary Information from Apple’s secure file storage systems,” the iPhone maker’s lawyers said in the filing.

Many of the files downloaded by Liu had codenames for Apple projects and described the company’s technology, product design and supply chain, according to the lawsuit. Apple says that all employees agree to keep Apple files confidential and that Liu broke confidentiality agreements he made when he joined. Liu worked for Apple between 2017 and 2024, according to the lawsuit.

Liu worked on Apple’s Vision Pro headset as a system product design engineer, per the filing. Liu did not respond to a request for comment from CNBC.

Apple lawyers wrote that Liu could use the trade secrets in his work at Snap. Apple is not suing Snap, and the social media company did not respond to a request for comment.

“The overlap between Apple’s Proprietary Information that Mr. Liu retained and Snap’s AR products (for which Mr. Liu is a ‘product design engineer’) suggests that Mr. Liu intends to use Apple’s Proprietary Information at Snap,” according to the filing.

Apple is seeking damages and for Liu to have his devices inspected by a forensic examiner to make sure all the trade secrets are deleted.

The iPhone maker has sued several former employees in recent years for taking files when they left the company.

Apple settled with former engineer Simon Lancaster in 2022 over providing information to a journalist. Apple also sued a former employee, Andrew Aude, in 2024 over leaking details to the media. That lawsuit was dismissed after Aude apologized.

The Cupertino company sued Rivos, a chip startup staffed by former Apple semiconductor employees, over its intellectual property, and settled in 2024.

Additionally at least three former Apple employees have also been arrested and accused by the government of taking company secrets and giving them to China-linked organizations. One pled guilty and was sentenced to four months in prison, and two are still in proceedings.

This post appeared first on NBC NEWS

In this video, Mary Ellen spotlights key pullback opportunities and reversal setups in the wake of a strong market week, one which saw all-time highs in the S&P 500 and Nasdaq. She breaks down the semiconductor surge and explores the bullish momentum in economically-sensitive sectors, including software, regional banks, and small-caps. Watch as she highlights top stocks to add to your watchlist, including FedEx, XPO, CHRW, and RL, plus identifies downtrend reversal candidates like AeroVironment (AVAV) and Nike, supported by volume and technical breakouts. In addition, she covers smart entry tactics, examining historical precedent with Coinbase.

This video originally premiered on June 27, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

The last day of trading for the first half of 2025 ended with a bang. The S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at record highs — an impressive finish, given the year has seen significant swings.

We saw signs of investors rotating into technology stocks last week when the Nasdaq 100 ($NDX) hit a record high. Looking at the one-week timeframe in the US Indexes tab in the Equities panel in the StockCharts Market Summary page, the $NDX has seen the largest percentage gain (+3.76%) and is trading 9.94% above its 200-day simple moving average (SMA). The Nasdaq Composite is a close second, with the same percentage gain and trading 8.92% above its 200-day SMA.

FIGURE 1. EQUITIES PANEL OF THE MARKET SUMMARY PAGE. Here, you see a snapshot of the one-week performance of the major US indexes and how far they are from key moving averages. Image source: StockCharts.com. For educational purposes.

Is the Technology Rally Stable?

With technology stocks taking the lead again, it’s worth checking to see if market breadth supports the move.

  • Bullish Percent Index. The %Bullish Percent Indexes panel shows the Nasdaq 100 at 74%, which is in favor of the bullish move in technology stocks.
  • New Highs vs. New Lows. On Monday, approximately 10% of stocks in the Nasdaq 100 hit all-time highs, while 0% of stocks hit a 52-week low. The semiconductor industry is the top-performing bellwether industry.

Armed with this data, let’s break down the Technology sector.  Looking at the MarketCarpets format, we can see that software and semiconductors occupy a significant portion of the sector. The largest cap-weighted stocks are all in the green — Microsoft Corp. (MSFT), NVIDIA Corp. (NVDA), Broadcom, Inc. (AVGO), Taiwan Semiconductor Mfg. (TSM), and Oracle Corp. (ORCL).

FIGURE 2. MARKETCARPET OF THE ONE-WEEK PERFORMANCE OF THE TECHNOLOGY SECTOR. Mega-cap stocks such as MSFT, NVDA, AVGO, TSM, and ORCL were strong performers. Image source: StockCharts.com. For educational purposes.

Three semiconductor stocks — NVDA, AVGO, and TSM — make up most of the move in the entire sector, which makes it worth looking at a chart of the semiconductor stocks.

Semis Stay Strong

The six-month daily chart of the VanEck Vectors Semiconductor ETF (SMH) below shows a clear uptrend, with the 21-day exponential moving average (EMA) sloping up and the 50-day SMA about to cross above its 200-day counterpart.

FIGURE 3. SIX-MONTH DAILY CHART OF THE VANECK VECTORS SEMICONDUCTOR ETF (SMH). The ETF has been in a steady uptrend and is close to its all-time high. The RSI is above 70, and the PPO histogram is hovering above zero. Both support the bullish move in SMH, but it’s worth keeping an eye on momentum. Chart source: StockCharts.com. For educational purposes.

The relative strength index (RSI) is above 70 while the percentage price oscillator (PPO) histogram is just above zero. Despite Monday’s relatively flat day, all the above data support a bullish trend. A slowing momentum would be the first alarm bell for a pullback, with the first support being the 21-day EMA. That would be an opportune time to monitor the industry and, if you’ve considered adding either individual semiconductor stocks or ETFs to your portfolio, it’s worth monitoring the price action. Price could either reverse after hitting a key support level or continue falling.

As we head into the second half of 2025, the performance of semiconductors and technology stocks will dictate the direction of the market.

The Bottom Line

In a market that flip-flops from one day to the next, you might need a helping hand to prevent you from getting emotionally sidetracked. The Market Summary page is your compass, if you will, that helps you make sense of the market’s twists and turns. Visiting the page should be a part of every investor’s routine.



Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

S&P 500 earnings are in for 2025 Q1, and here is our valuation analysis.

The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line). Annotations on the right side of the chart show where the range is projected to be, based upon earnings estimates through 2026 Q1.



Historically, price has usually remained below the top of the normal value range (red line); however, since about 1998, it has not been uncommon for price to exceed normal overvalue levels, sometimes by a lot. The market has been mostly overvalued since 1992, and it has not been undervalued since 1984. We could say that this is the “new normal,” except that it isn’t normal by GAAP (Generally Accepted Accounting Principles) standards.

We use GAAP earnings as the basis for our analysis. The table below shows earnings projections through March 2026. Keep in mind that the P/E estimates are calculated based upon the S&P 500 close as of June 30, 2025. They will change daily depending on where the market goes from here. It is notable that the P/E remains outside the normal range.

The following table shows where the bands are projected be, based upon earnings estimates through 2026 Q1.

This DecisionPoint chart keeps track of S&P 500 fundamentals, P/E and yield, and it is updated daily — not that you need to watch it that closely, but it is up-to-date when you need it.

CONCLUSION: The market is still very overvalued and the P/E is still well above the normal range. Earnings have ticked up and are projected to trend higher for the next four quarters. High valuation applies negative pressure on the market, but other more positive factors can keep the market in overvalued territory.


(c) Copyright 2025 DecisionPoint.com


Technical Analysis is a windsock, not a crystal ball.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Join Grayson for a solo show as he reveals his top 10 stock charts to watch this month. From breakout strategies to moving average setups, he walks through technical analysis techniques using relative strength, momentum, and trend-following indicators. As a viewer, you’ll also gain insight into key market trends and chart patterns that could directly impact your trading strategy. Whether you’re a short-term trader or a long-term investor, this breakdown will help you stay one step ahead.

This video originally premiered on July 1, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

Parents of 1,200 children in the Australian state of Victoria are being advised to get them tested for infectious diseases after a childcare worker was charged with more than 70 offenses including sexual assault.

Officials issued the call after Victoria Police announced the arrest of Joshua Dale Brown, 26, who is accused of sexually abusing eight children between the ages of 5 months and 2 years at a childcare center in Melbourne in 2022 and 2023.

All of the offenses relate to the eight alleged victims, who attended one center, but police haven’t ruled out other potential victims at 19 other childcare centers he’s known to have worked since 2017.

Victoria Police Acting Commander Janet Stevenson said Brown’s name was being publicized so that parents could check if their child came into contact with him.

“It’s very important to ensure that every parent out there that has a child in childcare knows who he is and where he worked,” Stevenson said in a news conference Tuesday.

Victoria Police’s Sexual Crime Squad began investigating in May of this year after detectives discovered child abuse material, authorities said. Police then executed a search warrant at Brown’s home, leading to his arrest. Police then worked to identify the alleged victims.

“Last week, we notified eight families that we had charged Brown with sexually offending against their children,” Stevenson said.

“As you could imagine, this was deeply distressing for the families to hear. We worked with our partner agencies to put all supports in place to assist them through this difficult period.”

Brown had a valid “Working with Children Check,” a compulsory screening for people engaging in child-related work in Australia, Stevenson said. Some of the childcare centers Brown worked at for “a very short period of time.”

Health authorities and police have identified and contacted around 2,600 families whose children attended the childcare centers where Brown worked, Chief Health Officer Christian McGrath said during the news conference.

About 1,200 children are being recommended to undergo testing for infectious diseases, McGrath said.

“We are recommending that some children undergo testing for infectious diseases due to potential exposure risk in that period. We do understand that this is another distressing element to the situation, and we’re taking this approach as a precaution,” McGrath said.

He declined to say what diseases the children are being asked to test for but said they can be treated with antibiotics.

Brown is accused of sexually assaulting children as well as producing and transmitting child abuse material, among other charges, according to authorities. The eight alleged victims attended the Creative Gardens Early Learning Centre in Point Cook, a suburb of Melbourne. Police did not disclose the gender of the victims.

Detectives are also examining evidence of possible offenses at another childcare center in Essendon, northwest Melbourne, “as a priority,” according to the news release.

Victoria Premier Jacinta Allan said she was “sickened” by the allegations.

“They are shocking and distressing, and my heart just breaks for the families who are living every parent’s worst nightmare, and as a parent too, I can only imagine the unbearable grief and pain the affected families are experiencing right now,” Allan said.

This post appeared first on cnn.com

Three people who were part of the senior leadership team at the hospital where nurse and convicted child serial killer Lucy Letby worked have been arrested on suspicion of gross negligence manslaughter, British police said Tuesday.

The three senior staff members, who have not been named by police, worked at the Countess of Chester Hospital in 2015 and 2016 at the same time as Letby. All three suspects have been released on bail after being questioned by police on Monday.

“It is important to note that this does not impact on the convictions of Lucy Letby for multiple offences of murder and attempted murder,” Cheshire Constabulary Detective Superintendent Paul Hughes said in a statement.

The aspect of the investigation related to the latest arrests focuses on the “grossly negligent action or inaction of individuals,” police said. Meanwhile, another ongoing part of the investigation into the separate offence of corporate manslaughter “focuses on senior leadership and their decision making to determine whether any criminality has taken place concerning the response to the increased levels of fatalities.”

Letby, 34, was found guilty of murdering seven children and attempting to murder seven more between June 2015 and June 2016 while working in the neonatal unit of the hospital in Chester, England. The former nurse is serving 15 whole-life sentences.

The court heard during the case in 2023 that Letby attacked babies in her care by administering air into their blood and stomachs, overfeeding them with milk, physically assaulting them, and poisoning them with insulin.

However, her convictions have been criticized after an international panel of experts raised questions regarding the medical evidence.

The panel said there was no medical evidence indicating murder and that the babies’ collapses resulted from “either natural causes or bad medical care.”

It also highlighted issues of unsafe delays in diagnosis and treatments at Countess of Chester Hospital and said that in some cases staff were working “probably beyond their expected ability or designated level of care,” according to the British Medical Journal (BMJ).

Last week, former UK Health Secretary Jeremy Hunt called for an “urgent reexamination” after experts raised “serious and credible” questions.

Independent experts “are saying there is no medical evidence in the 17 deaths that were examined in the trial of what they call maleficence, of malicious intent,” Hunt said in an interview with Good Morning Britain, calling for a speedy review by the UK’s Criminal Cases Review Commission. “If they are saying that, then I really think we need to do this.”

“I am not arguing that Letby is innocent. That is not my place… The pain endured by the families affected must also be at the forefront of our minds,” Hunt wrote in a separate op-ed published in the Daily Mail newspaper last month, arguing that the families deserve the truth. “And if medical error was the cause, we can then make sure no more babies die from the same mistakes.”

Letby has maintained her innocence and her lawyer Mark McDonald submitted an application earlier this year for her case to be reviewed by the commission. Letby’s previous attempts to overturn her convictions have been refused by the court.

McDonald told the UK’s PA Media on Tuesday that a proper and full public inquiry into failings by the hospital’s neonatal and pediatric medical care unit is needed.

“The concerns many have raised will not go away, and we will continue to publicly discuss them,” McDonald said, according to PA. “The reality is that 26 internationally renowned experts have looked at this case and the lead expert has concluded that no crime was committed, no babies were murdered.”

A public government inquiry is set to be published in early 2026. That inquiry previously heard evidence from the senior hospital leadership about the concerns raised regarding the rise in infant deaths at the neonatal unit, and the actions taken as a result.

Cheshire Police said they were continuing to investigate “the deaths and non-fatal collapses of babies at the neo-natal units of both the Countess of Chester Hospital and the Liverpool Women’s Hospital,” at which Letby undertook training placements. The elements of the investigation related to corporate manslaughter and gross negligence manslaughter are also ongoing, police said.

A spokeswoman for the Countess of Chester Hospital said it “would not be appropriate” for the hospital to comment due to “the ongoing police investigations” and public inquiry, PA reported.

This post appeared first on cnn.com

As Israeli Prime Minister Benjamin Netanyahu prepares for his third visit to the White House this year, his host has made his expectations clear. US President Donald Trump, who has spoken often about his desire to secure a ceasefire in Gaza, said on Tuesday: “We’re looking for it to happen next week.”

Though the two leaders will celebrate the US and Israeli strikes in Iran, Gaza is very much on their agenda. “We want to get the hostages back,” Trump said.

Netanyahu, who is set to meet the US president on Monday, faces a critical decision at the crossroads of two very different conflicts: one precise and short, the other brutal and protracted. The long-time Israeli leader held two high-level meetings on Gaza already this week and is expected to hold another on Thursday, according to an Israeli official.

But the government has yet to decide on how to proceed in Gaza, a source familiar with the discussions said. That choice boils down to whether to pursue a ceasefire agreement or to intensify a military bombardment of the enclave that has already killed more than 56,000 Palestinians, as Israel tries to increase pressure on Hamas.

Earlier this week, the Israeli military recommended pursuing a diplomatic path in the strip after more than 20 months of fighting and the elimination of much of Hamas’ senior leadership.

“It’s harder now to achieve tactical goals,” the official said. The military could keep pursuing the destruction of Hamas’ military and governance capabilities, they added, but a political agreement could also be effective.

The far-right members of Netanyahu’s government are demanding an intensification of Israel’s campaign.

“No agreements. No partners. No mediators. Only a clear outcome: the destruction of Hamas and the return of the hostages from a position of strength,” said Finance Minister Bezalel Smotrich, head of the Religious Zionism party, on Monday.

But after almost two years of war, others have made clear that the release of the remaining 50 hostages in Gaza is the priority.

“In my opinion, everything must be done to release the hostages. And we are over 600 days late. Everything must be done to bring everyone back – the living and the fallen. Not out of weakness – out of strength,” Minister of Welfare Ya’akov Margi said on Israel’s religious Kol B’ramah radio. Pressed on whether that includes an end to the war, Margi said, “I think we should enter negotiations, and everything should be on the table.”

The Israel Defense Forces (IDF) already controls some 60% of Gaza’s besieged territory, forcing more than two million Palestinians – many of whom have been displaced several times – into shrinking areas near the coast. But negotiations have been stalled for weeks, unable to bridge a key gap. Hamas demands a permanent end to the conflict as part of any ceasefire agreement, while Israel has refused to commit to end the war.

“The IDF has reached the limit of what you can achieve with power,” said Israel Ziv, a retired major general who once led the military’s operations department. “Netanyahu has reached a crossroads, and he must make a choice,” he added.

One path is to leverage the achievements against Iran, Hezbollah and Hamas and push for a regional agreement that could include upgrading relations with Syria and Lebanon, Ziv said. Such an option would end the war in Gaza and secure the release of the hostages, but it risks collapsing Netanyahu’s government if the far-right parties quit the coalition.

“The second path is continuing the war – and even if it’s not officially declared, it would mean the conquest of Gaza,” said Ziv.

Over the weekend, Netanyahu said “many opportunities have opened up” following Israel’s military operations in Iran, including the possibility of bringing home everyone still held captive by Hamas. “Firstly, to rescue the hostages,” he said. “Of course, we will also need to solve the Gaza issue, defeat Hamas, but I believe we will accomplish both missions.”

The comments marked a potentially significant shift in how Netanyahu has laid out Israel’s goals in Gaza. For the vast majority of the war, he has prioritized the defeat of Hamas. In May, he said that was the “supreme objective,” not the return of the hostages.

But after the campaign against Iran, Netanyahu has signaled a newfound flexibility on negotiations, one that may quickly be put to the test at the White House as he meets an American president pushing for a deal.

This post appeared first on cnn.com