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.

The Coast Guard will hear from former OceanGate employees about the Titan implosion

PATRICK WHITTLE
September 16, 2024

U.S. Coast Guard officials investigating the implosion of an experimental watercraft en route to the wreck of the Titanic were scheduled Monday to hear from former employees of the company that owned the Titan submersible.

The aim of the two-week hearing in Charleston County, South Carolina, is to "uncover the facts surrounding the incident and develop recommendations to prevent similar tragedies in the future," the Coast Guard said in a statement earlier this month. The ongoing Marine Board of Investigation is the highest level of marine casualty investigation conducted by the Coast Guard.

The Titan imploded in the North Atlantic in June 2023, killing all five people on board and setting off a worldwide debate about the future of private undersea exploration.

Among those killed was Stockton Rush, co-founder of OceanGate, the Washington state company that owned the Titan. The company suspended operations after the implosion. Witnesses scheduled to testify on Monday include OceanGate's former engineering director, Tony Nissen; the company's former finance director, Bonnie Carl; and former contractor Tym Catterson.

Some key OceanGate representatives are not scheduled to testify. They include Rush's widow, Wendy Rush, who was the company's communications director.

The Coast Guard does not comment on the reasons for not calling specific individuals to a particular hearing during ongoing investigations, said Melissa Leake, a spokesperson for the Coast Guard. She added that it's common for a Marine Board of Investigation to "hold multiple hearing sessions or conduct additional witness depositions for complex cases."

Scheduled to appear later in the hearing are OceanGate co-founder Guillermo Sohnlein; former operations director, David Lochridge; and former scientific director, Steven Ross, according to a list compiled by the Coast Guard. Numerous guard officials, scientists, and government and industry officials are also expected to testify. The U.S. Coast Guard subpoenaed witnesses who were not government employees, Leake said.

OceanGate has no full-time employees at this time but will be represented by an attorney during the hearing, the company said in a statement. The company has been fully cooperating with the Coast Guard and National Transportation Safety Board investigations since they began, the statement said.

"There are no words to ease the loss endured by the families impacted by this devastating incident, but we hope that this hearing will help shed light on the cause of the tragedy," the statement added.

The Titan became the subject of scrutiny in the undersea exploration community in part because of its unconventional design and its creator's decision to forgo standard independent checks. The implosion killed Rush and veteran Titanic explorer Paul-Henri Nargeolet; two members of a prominent Pakistani family, Shahzada Dawood and his 19-year-old son Suleman Dawood; and British adventurer Hamish Harding.

The Titan made its final dive on June 18, 2023, losing contact with its support vessel about two hours later. When it was reported overdue, rescuers rushed ships, planes and other equipment to an area about 435 miles (700 kilometers) south of St. John's, Newfoundland.

The search for the submersible attracted worldwide attention, as it became increasingly unlikely that anyone could have survived the implosion. Wreckage of the Titan was subsequently found on the ocean floor about 300 meters (330 yards) off the bow of the Titanic, Coast Guard officials said.

The time frame for the investigation was initially a year, but the inquiry has taken longer. The Coast Guard said in July that the hearing would delve into "all aspects of the loss of the Titan," including both mechanical considerations as well as compliance with regulations and crewmember qualifications.

The Titan had been making voyages to the Titanic wreckage site going back to 2021.

Continue Reading...

Popular

Memories of the earliest Tupperware parties, from one who was there

ALLISON PARK, Pa. (AP) — Sometimes something takes your thinking back to an isolated memory of decades ago. And without your bidding, other memories — memories of that era of your life — come flooding in.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Hackers demand $6 million for files stolen from Seattle airport operator in cyberattack

WASHINGTON (AP) — Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month and posted on the dark web this week, an airport official said Wednesday.

Why Are These Strange "Accidents" Happening All Over America? - Ad

Across America, strange "accidents" are happening in greater numbers than ever before. Jets are falling apart, chemicals are spilling, construction workers are being electrocuted -- and no one knows why. In his new exposé, American financial analyst Dan Ferris reveals the silent force behind this trend... why it's destroying this country from the inside... and where all signs suggest it's about to strike next: the U.S. stock market.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

Why Intuitive Machines' Stock Is Blasting Off In Extended Trading

Intuitive Machines shares are blasting higher in extended trading Tuesday after the company announced it was awarded a NASA contract.

GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst

GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power Services.

Could You Retire on a Single AI Stock (Trading for Only $15)? - Ad

Imagine what the perfect AI stock would look like...forefront of AI trend...virtual monopoly in its market... exempt from federal taxes. As you're about to see, this perfect AI stock does exist, and is currently trading for only $15. With just one investment, you could potentially set yourself up for massive financial gains.

Starmer and Meloni holding talks on curbing migrant boats reaching UK and Italy

ROME (AP) — U.K. Prime Minister is meeting Italian in Rome on Monday, as the two very different politicians, from left and right, seek common cause to curb .

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo says

TAIPEI, Taiwan (AP) — Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the but that another company based in Budapest manufactured them.

Red Lobster exits Chapter 11 bankruptcy protection

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

China's economy softens in August as Beijing continues to grapple with lagging demand

BEIJING (AP) — China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Walmart Division Sam's Club Raises Wages For Hourly Associates: A Strategic Move To Stay Ahead In Retail

Walmart Division Sam's Club boosts pay for frontline workers and provides guidance for their financial future. This leads to more productive and loyal employees.

Amazon is requiring workers to be in the office five days a week starting next year

is reverting to its pre-pandemic policy and will require corporate employees to be five days a week starting next year, CEO Andy Jassy said Monday.

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Harris-Walz Campaign Targeted By Russian Hackers, Microsoft Threat Analysis Center Notices Shift In Tactics By Attackers

Microsoft has reported that Russian cyber-influence operations are now targeting the Kamala Harris-Tim Walz campaign for the 2024 U.S. presidential election, with Russia, Iran, and China deploying disinformation tactics to affect voter sentiment.

Gavin Newsom Signs Laws Aimed At Curbing Deepfakes Around Elections: 'Critical That We ensure AI Is Not Deployed To Undermine The Public's Trust'

California Governor Gavin Newsom has signed three bills to restrict the use of artificial intelligence in creating misleading political ads, making it illegal to distribute deepfakes related to elections around Election Day and requiring social media platforms to remove deceptive material.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

The 2024 Olympics were a success for Paris but a calamity for some of its businesses

PARIS (AP) — Parisian business owners and hotel managers were promised a summer like no other. Millions of tourists would flood the French capital for the and , generating huge profits for Paris and its region.

Biden administration to host international AI safety meeting in San Francisco after election

Government scientists and artificial intelligence experts from at least nine countries and the European Union will meet in San Francisco after the U.S. elections to coordinate on safely developing AI technology and averting its dangers.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Advisors Brace For Fed Rate Cuts: Shifting Bond Strategies To Balance Yield And Risk

Americans must adjust bond and income portfolios as Fed cuts rates. Advisors reassess fixed-income strategies amid varying market approaches.

Congress is gridlocked. These members are convinced AI legislation could break through

WASHINGTON (AP) — A bipartisan group of lawmakers plans to introduce legislation Tuesday that would prohibit political campaigns and outside political groups from using artificial intelligence to misrepresent the views of their rivals by pretending to be them.

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

Federal Reserve is set to cut interest rates for the first time in 4 years

WASHINGTON (AP) — Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the presidential election.

The next generation of Buffetts is poised to become one of the biggest forces in philanthropy

OMAHA, Neb. (AP) — The next generation of Buffetts — Howard, Susie and Peter — is poised to become one of the most powerful forces in when their 94-year-old father, the legendary businessman and leader of Berkshire Hathaway, , eventually passes away.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

Top 2 Energy Stocks That Are Ticking Portfolio Bombs

Two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service