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on June 20, 2024

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Hunter Biden is set to face trial on charges related to gun possession.

President Biden's son, Hunter Biden, is set to go on trial this week on federal gun charges for allegedly lying about his illegal drug use when purchasing a Colt revolver in the fall of 2018. The trial begins Monday in federal court in Delaware with jury selection. This is the first of two cases brought against him by Justice Department special counsel David Weiss. The second case, concerning tax charges, is scheduled for trial in September in California. Hunter Biden faces three counts in the gun case: two for making false statements by allegedly lying about his drug use when buying a firearm, and one for unlawful possession of a gun by a drug user or addict. He has pleaded not guilty. This trial is the latest courtroom event with potential political implications for the 2024 presidential race. Although Hunter Biden is not running for office, Republicans have long aimed to use his legal troubles and foreign business dealings to politically damage his father. The trial presents ...

What's the likely destination for Nvidia's stock a year from now?

Nvidia's stock appears set to maintain its market-leading performance in the coming year, buoyed by robust demand for its technology-driving generative AI capabilities. Nvidia (NVDA 3.89%) shares have consistently delivered impressive returns both in the short and long term. Year-to-date through May 31, the stock has surged by 121%. Over the past decade, it has soared by a staggering 24,140%, transforming a $1,000 investment into over $242,000. These gains far outstrip market benchmarks, with the S&P 500 returning 11.3% and 230% over similar periods. While there may be a point where Nvidia's exceptional performance moderates, the company, and consequently its stock, still hold significant growth potential, especially in the near term. Here are my projections for Nvidia and its stock one year from now, around late May or early June 2025: Continuity in Leadership: Jensen Huang, Nvidia's co-founder and CEO, is likely to continue at the helm. Huang, who recently turned 61, ...

Mbappé: "PSG Situation Unsettling Before Real Madrid Move"

Kylian Mbappé shared that certain individuals at Paris Saint-Germain made him "unhappy" during his first news conference since joining Real Madrid. Mbappé officially moved to Madrid on a free transfer on Monday, concluding a long-running transfer saga. "I wasn't unhappy at PSG, that would be a slap in the face to those who supported me—I have always been happy," Mbappé stated at a news conference with the French national team on Tuesday. "But certain things made me unhappy. As a leader, I couldn't show it, so I tried to stay positive. The coach, players, and club employees backed me, and it would be unfair to complain and say I was unhappy. However, certain things and people did make me unhappy." Mbappé clashed with PSG president Nasser Al-Khelaifi last summer over the extension of his contract beyond the end of the season. The 25-year-old revealed that PSG indicated he wouldn't play at all in the just-concluded season until he was "s...

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