Arizona WR Tetairoa McMillan to enter 2025 NFL DraftFOXBORO — Drake Maye’s arrival in New England coincided with a wholesale reset for the Patriots franchise following the departure of coach Bill Belichick and quarterback Mac Jones this past offseason. In his eight starts since assuming the reins from veteran Jacoby Brissett, the rookie quarterback has provided encouraging examples of what the Patriots’ revamped front office saw in selecting him third overall in the draft last April. While the Patriots enter their bye week with a 3-10 record and just 2-6 with Maye as the starter, both the coaching staff and his teammates feel they have a quarterback they can build around going forward. “I’m just trying to take it one day at a time, one game at a time,” Maye said this week. “I’m trying to learn from negative experiences or negative plays, learn from turnovers, learn from sacks that I take and see if I can get the ball out and do something better. That’s probably the biggest thing. "Hopefully, the work that we’re putting in and the product that we’re putting out can lead to some positive plays and some positive wins down the road.” Maye is coming off his best statistical performance of the season, completing a season best 80% of his passes (24 of 30) for a season-high 238 yards and a touchdown in New England’s 25-24 loss to Indianapolis. He also had a 41-yard run, showing off a running ability that has him averaging 9.1 yards per carry – best among quarterbacks who have played at least nine games. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump's inauguration fund. The donation comes just weeks after Meta CEO Mark Zuckerberg met with Trump privately at Mar-a-Lago. A Meta spokesperson confirmed the offering Thursday. The news was first reported by The Wall Street Journal. Stephen Miller, who has been appointed deputy chief of staff for Trump's second term, has said that Zuckerberg, like other business leaders, wants to support Trump's economic plans. The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with Trump. Trump was kicked off Facebook following the Jan. 6, 2021 attack on the U.S. Capitol. The company restored his account in early 2023. RELATED STORY | Meta's Mark Zuckerberg is the second richest person in the world. Here's who he just outranked During the 2024 campaign, Zuckerberg did not endorse a candidate for president but has voiced a more positive stance toward Trump. Earlier this year, he praised Trump's response to his first assassination attempt. Still, Trump had continued to attack Zuckerberg publicly during the campaign. In July, he posted a message on his own social network Truth Social threatening to send election fraudsters to prison in part by citing a nickname he used for the Meta CEO. "ZUCKERBUCKS, be careful!" Trump wrote. Corporations have traditionally made up a large share of donors to presidential inaugurals, with an exception in 2009, when then-President-elect Barack Obama refused to accept corporate donations. He reversed course for his second inaugural in 2013. Facebook did not donate to either Biden's 2021 inaugural or Trump's 2017 inaugural. Google donated $285,000 each to Trump first inaugural and Biden's inaugural, according to Federal Election Commission records. Inaugural committees are required to disclose the source of their fundraising, but not how they spend the money. Microsoft gave $1 million to Obama's second inaugural, but only $500,000 to Trump in 2017 and Biden in 2021. RELATED STORY | Celebrity private jet-tracking accounts suspended by Meta without reason, college student claimsProviding a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Glaukos GKOS in the last three months. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 2 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have set 12-month price targets for Glaukos, revealing an average target of $147.2, a high estimate of $152.00, and a low estimate of $145.00. Observing a 8.24% increase, the current average has risen from the previous average price target of $136.00. Understanding Analyst Ratings: A Comprehensive Breakdown A clear picture of Glaukos's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Ryan Zimmerman BTIG Raises Buy $149.00 $140.00 Allen Gong JP Morgan Raises Overweight $145.00 $130.00 Larry Biegelsen Wells Fargo Raises Overweight $145.00 $135.00 Richard Newitter Truist Securities Raises Buy $152.00 $145.00 Thomas Stephan Stifel Raises Buy $145.00 $130.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Glaukos. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Glaukos compared to the broader market. Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Glaukos's stock. This comparison reveals trends in analysts' expectations over time. Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Glaukos's market standing. Stay informed and make well-considered decisions with our Ratings Table. Stay up to date on Glaukos analyst ratings. Unveiling the Story Behind Glaukos Glaukos Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures designed to transform the treatment of glaucoma. It offers iStent, a micro-bypass stent for insertion in conjunction with cataract surgery for the reduction of intraocular pressure in adult patients with mild-to-moderate open-angle glaucoma. Its product pipeline also consists of an iStent SA trabecular micro-bypass system, a two-stent product that is slightly wider than the iStent Inject and uses a different auto-injection inserter designed for use in a standalone procedure. A Deep Dive into Glaukos's Financials Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity. Revenue Growth: Glaukos's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 23.86% . This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Health Care sector. Net Margin: Glaukos's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -22.15%, the company may encounter challenges in effective cost control. Return on Equity (ROE): Glaukos's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -3.21%, the company may face hurdles in generating optimal returns for shareholders. Return on Assets (ROA): Glaukos's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -2.32%, the company may face hurdles in generating optimal returns from its assets. Debt Management: With a below-average debt-to-equity ratio of 0.24 , Glaukos adopts a prudent financial strategy, indicating a balanced approach to debt management. The Significance of Analyst Ratings Explained Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are. Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update. Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Off the couch and into the fireMIAMI — The Miami Heat in its Jimmy Butler era has been consistently good enough to tease and tantalize but not good enough to turn the hope into celebration. So it is again now, just past the quarter mark of his sixth NBA season in South Florida, with a team 12-10 after three impressive straight wins. You can predict how this will play out, though, right? Coach Erik Spoelstra’s men will marshal the fierce competitiveness that defines Heat Culture to be the proverbial tough out in the first round of the playoffs. But the Heat will be nobody’s threat to raise the franchise’s fourth championship trophy in a conference with reigning champ Boston and a half dozen other teams with better title odds. Pretty good. Not good enough. It might feel like harsh judgment of where the Heat stands, and of the Butler era, but it also is fair and accurate as fresh speculation swirls around the possibility Miami might part with Butler before the league’s Feb. 7 trade deadline. The introduction of Butler before Thursday night’s home game vs. Toronto might in turn feel a bit different. A bit more like goodbye? Like thank you? Butler’s five-plus seasons in Miami have been an on-balance success if you’re a bottom-liner. Two NBA Finals and an Eastern Conference final series (though all ending in loss) have seen the Heat as legit contenders in three of five seasons. And Butler already has risen to fifth all-time in club win shares, after only Dwyane Wade, LeBron James, Alonzo Mourning and current teammate Bam Adebayo. Playoff Jimmy has proved able to lift his game in the postseason with epic performances ... though not able to lift the ultimate trophy. Eccentric, colorful, he has a lasting place in Heat lore, albeit with the big goal unfinished. So the Heat faces a decision right now: — Continue to believe that the Butler-Bam-Tyler Herro Big 3 core is the answer and championship-capable. — Or acknowledge it is not and that it’s time to tweak and retool with a Butler trade. Choice seems pretty clear to me. Butler has an opt-out after this season, can become a free agent and reportedly would pursue that path. So the choice is to keep him the rest of this season, then lose him and get nothing in return for him but the memories. Or trade him in the next seven weeks and get something in return to kick-start the retool. Easy answer: Trade him and get something, obviously assuming the offers are sufficient. Because, as is, Butler is an expensive veteran with an expiring contract — a time bomb. If there is a fair offer, jump on it. ESPN’s NBA insider Shams Charania (a.k.a. The New Woj) reported Tuesday Miami is “open” to offers for Butler and that the player cites Houston (where he’s from), Dallas and Golden State as preferred destinations. There has been speculation involving Denver and the L.A. Lakers, too. He reportedly wants a win-now team, an acknowledgment he doesn’t think Miami is one. There would be presumed interest, market value I think, even though Butler is 35 and with a somewhat onerous $48.7 million salary. A team close but needing a missing piece might have room or make room for a proven scoring option and fierce defender. What I won’t get into here (you’re welcome) is the machinations of what deals might work under the league’s new CBA trade rules. I leave that to Andy Ellisburg, the Heat’sVP/general manager who deals with the salary cap and such. Start mentioning “tax aprons” and my eyes glaze over. But I know this: Houston, Dallas and Golden State among them have a combined 10 tradeable first-round draft picks to dangle in a deal for Butler. Each has young players good enough to be a part of Heat plans moving forward. No team will give up a comparable star for Butler, but a package of players and picks, yes. High draft picks, players obtained in return and available current veterans such as Duncan Robinson and Terry Rozier might be something Miami could parlay. Next summer’s free agents list also includes one Kyrie Irving, whom Pat Riley has privately had on his radar for awhile. Herro, having a great season, and Adebayo remain players to build around. Young rising star Jamie Jacquez Jr. can step into Butler’s role. The challenge is that Miami must parlay what it gets for Butler to get somebody younger and better. Or do the same in free agency. Bottom line: With Butler leaving soon, either by trade or in free agency, the Heat must confront its pressing need to replace him. Miami should strike a worthy deal and get something for Butler before he gets away for free. ©2024 Miami Herald. Visit miamiherald.com . Distributed by Tribune Content Agency, LLC.
Elon Musk, the world's richest person and one of Donald Trump's closest allies, met with US lawmakers Thursday on his plans for overseeing radical government spending cuts under the incoming administration. President-elect Trump rewarded the Tesla, X and SpaceX chief for his support during the White House campaign by naming him head of the newly created Department of Government Efficiency, along with another wealthy ally, Vivek Ramaswamy. Although the office, dubbed DOGE, has a purely advisory role, Musk's star power and intense influence in Trump's inner circle bring political clout. As Musk and Ramaswamy strode into the Capitol for meetings with lawmakers, Republican Speaker Mike Johnson touted "a new day in America." "There's an enormous amount of waste, fraud and abuse," he told reporters. "Government is too big, it does too many things, and it does almost nothing well." Musk and Ramaswamy have said they can identify billions of dollars of cuts in spending, sparking questions about whether Republicans will even try to slash politically popular social security programs. - Wave of terminations - Writing in the Wall Street Journal last month, the two businessmen laid out plans for the White House to cut staff, trim government programs and reduce federal regulations, even if it means bypassing Congress, which holds budgetary power. "The entrenched and ever-growing bureaucracy represents an existential threat to our republic, and politicians have abetted it for too long," Musk and Ramaswamy wrote. "We're doing things differently. We are entrepreneurs, not politicians. During Trump's election campaign, Musk vowed to reduce federal spending by $2 trillion. This would represent cutting total US spending by a third, almost certainly meaning devastation of social support programs -- something that has never garnered strong political backing. Musk's emphasis on firing large numbers of government employees, however, echoes Republican talking points about the need to take on an overbearing state and may garner more support. Musk says he is seeking "mass head-count reductions across the federal bureaucracy." Musk suggested banning government employees from working at home as an opening tactic. "Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome." Cuts will also target subsidies to public broadcasters and groups such as Planned Parenthood, which campaigns for abortion access and offers an array of reproductive health services. - Social welfare - But DOGE is unlikely, at least initially, to go after welfare programs such as Social Security or health insurance for the poor and seniors, Ramaswamy said in an interview with Axios on Wednesday. Such cuts should be "a policy decision that belongs to the voters" and their representatives in Congress, Ramaswamy said. A reduction in military spending, which climbed to $820 billion in 2023, is also unlikely to be on the table. Musk's new role raises the question of potential conflicts of interest, since he could be issuing policy recommendations that impact directly on his own business empire. Underlining the close connection to DOGE, Musk's favorite cryptocurrency is called Dogecoin. rle/ev/md/sms/md
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