This Is How the AI Bull Market Ends

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Mideast Tensions latest: Gold Apollo says a Budapest company made exploding pagers under its brand

The Associated Press
September 18, 2024

Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the pagers that exploded in Lebanon and Syria but that another company based in Budapest manufactured them.

Hundreds of handheld pagers exploded almost simultaneously Tuesday across Lebanon and in parts of Syria, killing at least nine people, government and Hezbollah officials said. Officials pointed the finger at Israel in what appeared to be a sophisticated remote attack. The Israeli military declined to comment.

Hezbollah began striking Israel almost immediately after Hamas' Oct. 7 attack that sparked the Israel-Hamas war. Since then, Israel and Hezbollah have exchanged fire daily, coming close to a full-blown war on several occasions and forcing tens of thousands on both sides of the border to evacuate their homes.

Gaza's Health Ministry says more than 41,000 Palestinians have been killed in the territory since Hamas' Oct. 7 attack. The ministry does not differentiate between fighters and civilians in its count but says a little over half of those killed were women and children. Israel says it has killed over 17,000 militants, without providing evidence.

Here's the latest:

4 Israeli soldiers killed in southern Gaza and 5 wounded, military says

JERUSALEM -- The Israeli military says four soldiers were killed in southern Gaza and five others were wounded, with three of them in serious condition.

The deaths on Tuesday came nearly a year into the war in Gaza, which was triggered by Hamas' Oct. 7 attack. The army did not describe the circumstances, but Israeli media reported that the soldiers were killed by a hidden bomb that exploded inside a building.

One of the four, Staff Sgt. Agam Naim, an army paramedic, was the first female soldier to have been killed in combat in Gaza, according to Israeli media.

Hamas and other armed groups remain active across the territory despite months of heavy Israeli bombardment and ground operations that have destroyed vast areas and displaced most of the population.

Israel says 346 of its soldiers have been killed since the start of ground operations last October. The military says it has killed over 17,000 militants, without providing evidence.

Gold Apollo says it authorized its trademark on the pagers but didn't manufacture them

TAIPEI, Taiwan -- Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the pagers that exploded in Lebanon and Syria but that another company based in Budapest manufactured them.

Pagers used by hundreds of members of the militant group Hezbollah exploded near-simultaneously Tuesday in Lebanon and Syria, killing at least nine people, including an 8-year-old girl, and wounding more than 2,000. Hezbollah and the Lebanese government blamed Israel for what appeared to be a sophisticated remote attack.

The AR-924 pagers used by the militants were manufactured by BAC Consulting KFT, based in Hungary's capital, according to a statement released Wednesday by Gold Apollo.

"According to the cooperation agreement, we authorize BAC to use our brand trademark for product sales in designated regions, but the design and manufacturing of the products are solely the responsibility of BAC," the statement read.

Gold Apollo chair Hsu Ching-kuang told journalists Wednesday that his company has had a licensing agreement with BAC for the past three years, but did not provide evidence of the contract.

The AR-924 pager, advertised as being "rugged," contains a rechargeable lithium battery, according to specifications once advertised on Gold Apollo's website before it was apparently taken down Tuesday after the sabotage attack. It could receive text messages of up to 100 characters and claimed to have up to 85 days of battery life. That's something that would be crucial in Lebanon, where electricity outages have been common as the tiny nation on the Mediterranean Sea has faced years of economic collapse. Pagers also run on a different wireless network than mobile phones, making them more resilient in emergencies -- one of the reasons why many hospitals worldwide still rely on them.

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