Latest news with #100
Yahoo
9 hours ago
- Business
- Yahoo
Strategy (MSTR) Acquires $1B Bitcoin on Iran-Israel Conflict
Strategy Incorporated (NASDAQ:MSTR) is one of the 13 best software stocks to buy now. On June 16, the company confirmed the addition of $1 billion worth of Bitcoin into its portfolio. The company acquired 10,100 bitcoin during the week ending June 15, as the Israel-Iran conflict continues to pressure the markets. The purchase came on Bitcoin dropping from $110,000 to a low of $103,639 on June 12. Strategy leveraged the pullback to purchase the flagship cryptocurrency as Israel continues to strike Iranian nuclear facilities, sending shockwaves in the equity markets. The purchase also came as Strategy's third bitcoin-backed preferred stock started trading on the NASDAQ on June 11. Following the purchase, Strategy's total holding now stands at 592,100 BTC, acquired for about $41.8 billion at an average price of $70.666 per coin. Strategy Incorporated (NASDAQ:MSTR) provides cloud-native, AI-powered enterprise analytics software. It is also the world's first and largest Bitcoin Treasury Company, holding Bitcoin as its primary treasury reserve asset. The company leverages its software expertise and Bitcoin strategy to explore innovation in business intelligence and applications. While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TimesLIVE
14 hours ago
- Automotive
- TimesLIVE
The Audi RS Q8 is a high-riding supercar
With the hammer dropped all the way, the 4.0l motor spits out 471kW/850Nm, with a claimed 0-100km/h sprint time of 3.6 seconds. We have tested faster from Audi — the electric RS E-Tron GT comes to mind. But this offers a different sensation entirely. Old school and visceral, the mechanical symphony that happens as pedal depression translates to pace is something to savour. On a hard launch, you can feel the Quattro system gripping as it sends the hefty RS Q8 from rest and towards road-shredding higher velocities. To say accessing its full performance capabilities is foolproof might be an overstatement because even with its leech-like all-wheel drive system, the RS Q8 could be a lethal weapon in overzealous hands. One needs full sensitisation to its weight and deceptively brutal acceleration before getting into a proper, comfortable rhythm of dynamic driving. A tag of R3,265,100 is what the model goes for, before options and individualisation. This includes a five-year/100,000km maintenance plan. For reference, the Lamborghini Urus begins at R4,875,000 while the Porsche Cayenne Turbo GT comes in at R4,506,000.
The Star
a day ago
- Business
- The Star
JB team-up for the books
Teo (second from left) receiving a gift from Siew (left) and SUC board of governors chairman Mok Chek Hou during the launch of the reading project. With them is Prof Chuah (third from right). Retailer's outlets in the city raising funds for university college via sale of publications, artworks A LOCAL bookstore chain has started a year-long initiative in Johor Baru to support a tertiary institution's 50th anniversary. The collaboration between Popular Bookstore and Southern University College (SUC) kicked off in conjunction with World Book Day. Since April 1, all Popular outlets in the city have been selling SUC publications and up to 180 titles donated by affiliated authors. Customers have also been offered RM10 sets of five bookmarks featuring scenes from SUC's campus which was established in Skudai in 1990. Sale proceeds have been set aside to fund book purchases and literary activities of the university's Malaysian Chinese Literature Centre (MCLC). SUC president Prof Chuah Joon Huang said the institute was honoured to work with Popular. 'This partnership has allowed us to promote the world of reading, by showcasing SUC's publications, academic programmes and student artworks. 'I extend my gratitude for the sponsorship from the calligraphy and art communities, and the business sector.' Speaking at the opening ceremony for the 13-month cultural event celebrating SUC's 50th anniversary at a Johor Baru mall, Prof Chuah said, 'This is our first large-scale joint cultural event of its kind. 'It is a significant collaboration between our library, MCLC, Faculty of Chinese Studies, Faculty of Art and Design and industry partners.' He hopes this will inspire excellence in the city's art scene and become a model of cross-sector collaboration. 'Let us work hand in hand to enrich the arts scene of Johor Baru and Malaysia.' Comprising cultural performances and book sales until April 30, 2026, the event has been designed to attract public interest. Popular Malaysia general manager (business development) Siew Sheue Liang said, 'At Popular, we believe books are powerful tools for learning and cultural growth. 'In Johor Baru, we have promoted reading by giving back to the community through knowledge and culture.' Siew said Popular was proud to mark SUC's golden jubilee by launching a reading project titled 'Celebrating the Art of Calligraphy and Cultural Heritage – A New Chapter Begins'. He said Popular had raised RM16,100 for SUC and thanked contributors who helped to keep cultural heritage strong in Johor. The opening ceremony also marked the 70th anniversary of Chao Foon literary magazine, the oldest Chinese literary publication in Malaysia and Singapore, and is currently issued bi‑annually by MCLC. Meanwhile, Deputy Communications Minister Teo Nie Ching said she was happy to see publishers and universities teaming up to bring local stories, books and campuses closer to the public. The Kulai MP said the ministry had long promoted reading and aimed to build a stronger reading culture through programmes such as the Madani Malaysia book voucher. She said the programme offered RM50 and RM100 book vouchers to those from primary school to university levels. 'This year, Prime Minister Datuk Seri Anwar Ibrahim announced that the programme will include 400,000 teachers. 'We are also driving the 2025 Book Loving Nation Voucher Programme through the National Library. 'Under this programme, RM1mil has been allocated to support local publishers,' she said.
The Sun
3 days ago
- The Sun
Melaka JPJ issues 39 summonses in stage bus crackdown
MELAKA: The Melaka Road Transport Department (JPJ) issued 39 summonses for various offences during compliance enforcement operations targeting stage bus services in the state. Its director Siti Zarina Mohd Yusop said operations dubbed the 'Op Pinky', conducted yesterday at several locations across the state, focused on driver conduct, documentation checks, and the technical condition of the buses. 'A total of 34 buses were inspected, with 14 of them found to have committed 25 offences. The most common violations included using mobile phones while driving and failure to properly maintain the vehicles. She said other offences included making illegal U-turns, expired fire extinguishers, expired public service vehicle (PSV) licences, and failure to submit fare schedules, operator licences, and route schedules. Some drivers were also found dropping off passengers at unauthorised locations and failing to stop when flagged down by commuters. She said this in a press conference held in conjunction with the public auction on seized vehicles at the state JPJ headquarters in Bukit Katil today. Commenting further, Siti Zarina said the operation, which ran from 8.30 am to 4.00 pm, was led by state JPJ Enforcement Division chief Zulhelmi Zaidee and involved 39 personnel. It was launched following a series of accidents and complaints related to the state's stage bus services. She added that undercover officers were deployed as passengers to directly observe and assess the behaviour and compliance of bus drivers while on duty. 'JPJ urges all operating companies, vehicle owners, and public service vehicle drivers to comply with regulations under the Road Transport Act 1987, prioritise vehicle maintenance, and uphold a professional attitude while on duty. 'The department remains committed to ongoing enforcement efforts to ensure road user safety and maintain the highest standards in public transport services,' she said. Commenting on the auction, she said that the department collected RM62,100 from public auction of 50 forfeited vehicles, with the highest bid at RM8,700 for a cargo lorry and the lowest at RM67 for a motorcycle. Currently, 678 vehicles remain impounded for various offences, including expired or missing licences, underage driving, technical faults, and lack of insurance.
New Straits Times
3 days ago
- New Straits Times
Melaka RTD issues 39 summonses in stage bus crackdown
MELAKA: The Melaka Road Transport Department (RTD) issued 39 summonses for various offences during compliance enforcement operations targeting stage bus services in the state. Its director Siti Zarina Mohd Yusop said operations dubbed the 'Op Pinky', conducted yesterday at several locations across the state, focused on driver conduct, documentation checks, and the technical condition of the buses. "A total of 34 buses were inspected, with 14 of them found to have committed 25 offences. The most common violations included using mobile phones while driving and failure to properly maintain the vehicles. She said other offences included making illegal U-turns, expired fire extinguishers, expired public service vehicle (PSV) licences, and failure to submit fare schedules, operator licences, and route schedules. Some drivers were also found dropping off passengers at unauthorised locations and failing to stop when flagged down by commuters. She said this in a press conference held in conjunction with the public auction on seized vehicles at the state RTD headquarters in Bukit Katil today. Commenting further, Siti Zarina said the operation, which ran from 8.30am to 4.00pm, was led by state RTD Enforcement Division chief Zulhelmi Zaidee and involved 39 personnel. It was launched following a series of accidents and complaints related to the state's stage bus services. She added that undercover officers were deployed as passengers to directly observe and assess the behaviour and compliance of bus drivers while on duty. "RTD urges all operating companies, vehicle owners, and public service vehicle drivers to comply with regulations under the Road Transport Act 1987, prioritise vehicle maintenance, and uphold a professional attitude while on duty. "The department remains committed to ongoing enforcement efforts to ensure road user safety and maintain the highest standards in public transport services," she said. Commenting on the auction, she said that the department collected RM62,100 from the public auction of 50 forfeited vehicles, with the highest bid at RM8,700 for a cargo lorry and the lowest at RM67 for a motorcycle. "Currently, 678 vehicles remain impounded for various offences, including expired or missing licences, underage driving, technical faults, and lack of insurance. – BERNAMA
