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Peter Atitebi

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Finance

This ONE Stock Made Regular Investors BILLIONS in 2024

Retail investors have demonstrated unprecedented interest in Nvidia throughout 2024, with individual traders investing approximately $30 billion into the semiconductor company's stock, according to Vanda Research data as of December 17. The chipmaker has attracted nearly twice the net inflows from retail investors compared to the SPDR S&P 500 ETF Trust (SPY), positioning it to surpass Tesla as the most popular retail investment of the year. The company's stock has gained over 180% in 2024, cementing its position among companies with market capitalizations exceeding $3 trillion and becoming the second-most valuable company in the United States. Individual investors like Michael MacGillivray, 25, from Michigan, have been drawn to Nvidia's dominant position in artificial intelligence. "Whenever you look at AI, it's like, all the roads lead to Nvidia," said MacGillivray, who has invested thousands of dollars in the company this year. […]

Peter Atitebi December 25, 2024

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Conflict

Terrifying Moment: Plane Erupts in Flames During Emergency Landing

A passenger aircraft carrying approximately 70 people crashed near Aktau, Kazakhstan, resulting in multiple fatalities, according to local officials. Azerbaijan Airlines flight J2-8243, an Embraer 190 aircraft, attempted an emergency landing approximately 3 km from Aktau after being diverted from its intended destination of Grozny, Russia, due to fog conditions. The airline confirmed at least 30 passengers survived the incident. Flight tracking data from Flightradar24 indicates the aircraft departed from Baku, Azerbaijan, at 03:55 GMT on Wednesday and crashed around 06:28 GMT. Video footage captured the aircraft descending rapidly with its landing gear deployed before igniting upon impact. Russian media sources suggest a bird strike may have contributed to the crash, though this remains unconfirmed. Varying reports from officials place the total number of people aboard between 67 and 72, including five crew members. The reported survivor count ranges from […]

Peter Atitebi December 25, 2024

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Conflict

Massive Christmas Day Attack Leaves Millions of Ukrainians in Dark

A large-scale attack on Ukraine's energy infrastructure occurred on December 25, affecting multiple regions across the country. Ukraine's air defense systems detected 184 missiles and drones during the assault, with their military reporting that numerous projectiles were intercepted or failed to reach their targets. The strike resulted in widespread power outages throughout Ukraine, including the capital city, Kyiv. Residents sought shelter in metro stations during the attack. In Kharkiv, the northeastern city and Ukraine's second-largest population center, approximately 500,000 residents lost access to water, electricity, and heating services during winter conditions, according to regional authorities. Ukrainian President Volodymyr Zelensky addressed the timing of the attack, stating it demonstrated Russia's "conscious choice" to strike on Christmas Day. Ukraine recently changed its traditional Christmas observance from January 7 to December 25, departing from the Julian calendar still followed by Russia. Russia's defense […]

Peter Atitebi December 25, 2024

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Conflict

Military Investigation Shows How Six Hostages Met Their Tragic End in Gaza

An Israeli military investigation has determined that their ground operations in Rafah likely influenced Hamas's decision to kill six hostages. The military report states that while their advance was "gradual and cautious," it had a "circumstantial influence" on the hostages' deaths. The investigation revealed that Israeli forces were unaware of the hostages' presence when they began operations in the area. The bodies were later discovered in an underground shaft in Rafah's Tal al-Sultan neighborhood, with military officials indicating the hostages were killed shortly before troops reached their location. The military's chief of staff characterized the incident as "a painful and tragic event" resulting in "the brutal murder of six hostages by Hamas." In response, The Hostages and Missing Families Forum stated that the investigation reinforces the need for a negotiated settlement to secure the return of all captives. The incident […]

Peter Atitebi December 25, 2024

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Conflict

Hotel Owner’s Fatal Shortcuts Led to 72 Deaths in Devastating Earthquake

Three individuals have received prison sentences for their roles in the collapse of the Isias Grand Hotel during the February 2023 earthquake in Turkey. The incident claimed 72 lives when the seven-story structure failed during the natural disaster. The hotel's owner, Ahmet Bozkurt, and architect Erdem Yilmaz, each received sentences of 18 years and five months. Mehmet Fatih Bozkurt, the owner's son, was given a 17-year, four-month sentence. The court found them guilty of causing death and injury through conscious negligence. Among the victims were members of a school volleyball team from Turkish-controlled northern Cyprus, who had traveled to Adiyaman for a tournament. The hotel also hosted approximately 40 tourist guides who attended a training program. Of the 39-member volleyball group, which included students, teachers, and parents from Famagusta Turkish Education College, only four parents survived. Scientific analysis revealed that […]

Peter Atitebi December 25, 2024

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Conflict

Refugee Camp Raids Turn Fatal: 8 Palestinians Dead in 24 Hours

Israeli military operations in West Bank refugee camps resulted in eight Palestinian fatalities on Tuesday, including two women and a teenager, according to Palestinian health officials. The raids targeted Tulkarem and Nur Shams refugee camps. In Tulkarem, seven Palestinians died during Israeli troop and drone operations. The casualties included Khawla Ali Abdullah Abdo, 53, and Bara Khalid Hussein, 30, who reportedly died in drone strikes. Fathi Saeed Salem Obaid, 18, was killed by gunshots to his chest and abdomen. In Nur Shams, Israeli forces shot and killed Mahmoud Muhammad Khaled Amar, whose body was found in the Abu Bakr as-Siddiq Mosque neighborhood. The Wafa news agency reported additional injuries following a drone strike in the area. The Israeli military described the Tulkarem operation as "counterterrorism," reporting one Palestinian death, 18 arrests, and weapons seizures. Hamas's military wing, Al-Qassam Brigades, confirmed […]

Peter Atitebi December 25, 2024

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Cliimate & Wildlife

Massive Wave Swallows Construction Workers as Historic Wharf Crumbles Into Ocean

Three individuals plunged into the Pacific Ocean when a section of the Santa Cruz Wharf in California partially collapsed during severe storm conditions on Monday at 12:45 p.m. PT. A project manager and two contractors working on the wharf fell into the turbulent waters. While two required rescue assistance, one person managed to exit the ocean independently. All three were transported to a hospital with minor injuries, according to Santa Cruz officials. Fire Chief Rob Oatey confirmed the collapse occurred during significant storm swells, prompting an evacuation of the wharf's intact sections. Before the incident, approximately 150 feet of the pier had been closed to public access due to damage from previous storms. The National Weather Service Bay Area warned of life-threatening conditions along the Pacific Coast through Tuesday, citing very high surf, rip currents, sneaker waves, and coastal flooding. […]

Peter Atitebi December 24, 2024

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News

NNPC Slashes Petrol Prices as Dangote Refinery Shakes Up Market

NNPC has reduced petrol prices to N965 in Abuja and N925 in Lagos, marking the second price cut in two weeks. This adjustment appears to respond to similar price changes by the Dangote refinery. The new prices are already in effect at various NNPC stations across Abuja, including Wuse Zone 1, Wuse Zone 4, Mabushi, and Lugbe retail stations, though long queues persist. Independent and major marketers continue to sell at higher rates between N1,030 and N1,070. IPMAN has assured sufficient petrol stock for the Christmas season, with its Publicity Secretary, Mr. Chinedu Ukadike, highlighting how deregulation allows market forces to determine prices. The association encourages its members to align with new market rates for competitiveness. MRS Oil Nigeria Plc has implemented a nationwide petrol price of N935 following its partnership with Dangote Petroleum Refinery. The refinery reduced its ex-depot […]

Peter Atitebi December 24, 2024

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Politics

BREAKING: Biden’s Last-Minute Decision Leaves Only 3 Men Facing Federal Execution

President Biden has commuted the sentences of 37 federal death row inmates to life without parole, leaving only three individuals facing capital punishment: Boston Marathon bomber Dzhokhar Tsarnaev, synagogue shooter Robert Bowers, and church shooter Dylann Roof. This decision comes as President-elect Trump prepares to take office in January, having campaigned on promises to expand federal executions to include crimes such as drug trafficking, child rape, and killings of police officers or US citizens by migrants. During Trump's first term, federal executions resumed after a long hiatus, including the execution of Lisa Montgomery, the first woman put to death by the federal government since 1953. The commutations have drawn mixed reactions. Human rights groups praised the move, while Republicans and Trump's team strongly opposed it. Trump's communications director Steven Cheung called it "a slap in the face to the victims," […]

Peter Atitebi December 24, 2024

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News

Congressional Ethics Report Reveals Former Rep’s $90K Payments to Women

The House Ethics Committee released a report Monday detailing findings about former Florida Representative Matt Gaetz's conduct while serving in Congress. The report outlines payments totaling $90,000 made to 12 women, which the committee claims were largely connected to sexual activity or drug use. The committee's investigation found "substantial evidence" of alleged violations of House rules, including claims involving a 17-year-old in 2017. According to the report, this individual, referred to as "Victim A," testified to receiving $400 after two encounters with Gaetz. However, the committee noted no evidence indicating Gaetz knew her age at the time. While the investigation found evidence of interstate travel involving commercial sex, the committee did not conclude that federal trafficking laws were violated or that any traveled individuals were minors. Gaetz, who recently resigned after being nominated for attorney general by President-elect Trump, attempted […]

Peter Atitebi December 24, 2024

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