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Best Inflation Stocks To Buy This Week? 4 To Watch

As inflation measures skyrocket, these inflation stocks could continue to grow.
The post Best Inflation Stocks To Buy This Week? 4 To Watch appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Are These Good Inflation Stocks To Invest In Now?

As we start the current week of trading, inflation stocks appear to be on investors’ minds. For the uninitiated, this part of the stock market consists of stocks that perform well or show resilience during inflation. If anything, the economy has and continues to perform exceptionally as it recovers towards pre-pandemic levels. So much so that core inflation markers are starting to lean towards record highs. Just last week, the Consumer Price Index (CPI) surged by 5% year-over-year, its fastest pace since August 2008. For one thing, the rise in the cost of goods and services would stand to affect consumers and businesses alike.

In cases like this, some would argue that investors would be wise to add some inflation stocks to their portfolios. Namely, billionaire hedge fund manager Paul Tudor Jones said just that in an interview with CNBC earlier today. According to Jones, investors should “go all-in on inflation trades” should the Federal Reserve (Fed) remain unconcerned with rising consumer prices. While watching the Fed ahead of its policy meeting this week, he highlighted commodities, cryptocurrency, and gold. As such, it would not surprise me to see more conservative investors looking for the top inflation stocks now.

For instance, commodity-based companies such as Freeport-McMoRan (NYSE: FCX) continue to prosper amidst rising material costs. Aside from commodities, the current market would also favor cryptocurrency players like MicroStrategy (NASDAQ: MSTR) as the dollar potentially weakens. As it stands, both companies’ shares are currently looking at gains of over 275% in the past year. If you are looking to add some defensive inflation plays to your watchlist now, here are four making waves in the stock market today.

Top Inflation Stocks To Buy [Or Avoid] Now

Marathon Digital Holdings Inc.

Marathon is a digital asset technology company that mines cryptocurrencies. Specifically, it focuses on the blockchain ecosystem and the generation of digital assets. The company currently operates its proprietary data center in Hardin MT with a maximum power capacity of 105 Megawatts. MARA stock currently trades at $31.20 as of 12:22 p.m. ET and has been up by over 17% on today’s opening bell. Investors could be responding to Elon Musk’s comments saying that Tesla (NASDAQ: TSLA) will use bitcoin when mining is done with more clean energy.

Earlier in the month, the company provided a Bitcoin production and mining operation update for May 2021. Impressively, the company produced 226.6 newly minted bitcoins in May, increasing total holdings to approximately 5,518 with a fair market value of approximately $203.4 million. It also ended the month with approximately $191.8 million in cash and total liquidity was approximately $395.1 million.

It has also received approximately 16,809 S-19 Pro ASIC miners from Bitmain year-to-date with an additional 1,911 units currently in transit. The company has also increased its active mining fleet to approximately 17,655 miners, generating approximately 1.9 EH/s. For these reasons, will you consider adding MARA stock to your portfolio?

Source: TD Ameritrade TOS

[Read More] 4 Semiconductor Stocks To Watch Right Now

Nvidia Corporation

Nvidia is a semiconductor company that has essentially pioneered the graphics processing unit (GPU) market. Its products and platforms are used for the large, growing markets of gaming, professional visualization, data center, and automotive industries. NVDA stock currently trades at $719.04 as of 12:22 p.m. ET. On May 31, 2021, the company announced its latest gaming flagship, the GeForce RTX 3080 Ti and RTX 3070 Ti GPU.

It is 1.5x faster than the previous generation and is priced at very competitive rates. Powered by the Nvidia Ampere architecture, the RTX 3080 Ti delivers an incredible leap in performance and fidelity with acclaimed features like ray tracing and Nvidia’s DLSS performance-boosting AI. Also, in late May, the company announced record first-quarter financials. Firstly, the company posted record revenue of $5.66 billion, up by 84% year-over-year.

A huge chunk of this revenue came from its gaming and data center segments at $2.76 billion and $2.05 billion respectively. Gaming revenue more than doubled year-over-year while data center revenue increased by 79% in that same period. With so many exciting things happening to the company, is NVDA stock a top inflation stock to consider buying?

inflation stocks to buy (NVDA stock)
Source: TD Ameritrade TOS

[Read More] 4 Artificial Intelligence Stocks To Watch Right Now

Newmont Corporation

Newmont is one of the largest gold mining companies in the world. It has ownership of gold mines in Nevada, Ontario, Argentina, and Ghana among others. Aside from gold, it is also a producer of copper, silver, zinc, and lead. Impressively, it is also the only gold producer listed in the S&P 500 Index and is an industry leader in value creation. NEM Stock currently trades at $69.47 as of 12:22 p.m. ET.

In May, the company announced that it had completed the acquisition of GT Gold Corporation. “With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio,” said Newmont President and CEO Tom Palmer.

The acquisition of the Tatogga project has the potential to contribute to future significant gold and copper annual production for the company. There could also be further exploration opportunities within the land package. All things considered, will you buy NEM stock?

top inflation stocks to watch (NEM stock)
Source: TD Ameritrade TOS

[Read more] Best Stocks To Invest In 2021? 3 Cyclical Stocks To Watch

Riot Blockchain Inc.

Next up, we have Riot Blockchain Inc. For some context, the company is primarily in the business of mining Bitcoin. As such, Riot is constantly looking to expand and upgrade its mining operations. Similar to gold stocks, cryptocurrency stocks like RIOT stock would be in focus when inflation is running high. Evidently, that appears to be the case today as RIOT stock is up by over 19% on Monday and currently trades at $37.05 as of 12:23 p.m. ET. Would now be the time to jump on RIOT stock?

Well, if anything, Riot remains as busy as ever on the operational front. Just last week, the company wowed investors with its May 2021 Bitcoin production update. Impressively, Riot produced 227 bitcoins throughout the month, marking a 220% year-over-year surge. On top of that, Riot continues to expand its mining operations in the U.S. as well. In late May, the company completed its acquisition of Whinstone U.S.’ Bitcoin mining facility in Rockdale, Texas.

According to Riot, it is currently the largest Bitcoin mining facility in North America. Overall, the company appears to be firing on all cylinders while also finding new ways to significantly expand its portfolio. Would this make RIOT stock a top buy for you now?

inflation stocks (RIOT stock)
Source: TD Ameritrade TOS

The post Best Inflation Stocks To Buy This Week? 4 To Watch appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Mathematicians use AI to identify emerging COVID-19 variants

Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants…

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Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants and could help with other infections in the future.

Credit: source: https://phil.cdc.gov/Details.aspx?pid=23312

Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants and could help with other infections in the future.

The framework combines dimension reduction techniques and a new explainable clustering algorithm called CLASSIX, developed by mathematicians at The University of Manchester. This enables the quick identification of groups of viral genomes that might present a risk in the future from huge volumes of data.

The study, presented this week in the journal PNAS, could support traditional methods of tracking viral evolution, such as phylogenetic analysis, which currently require extensive manual curation.

Roberto Cahuantzi, a researcher at The University of Manchester and first and corresponding author of the paper, said: “Since the emergence of COVID-19, we have seen multiple waves of new variants, heightened transmissibility, evasion of immune responses, and increased severity of illness.

“Scientists are now intensifying efforts to pinpoint these worrying new variants, such as alpha, delta and omicron, at the earliest stages of their emergence. If we can find a way to do this quickly and efficiently, it will enable us to be more proactive in our response, such as tailored vaccine development and may even enable us to eliminate the variants before they become established.”

Like many other RNA viruses, COVID-19 has a high mutation rate and short time between generations meaning it evolves extremely rapidly. This means identifying new strains that are likely to be problematic in the future requires considerable effort.

Currently, there are almost 16 million sequences available on the GISAID database (the Global Initiative on Sharing All Influenza Data), which provides access to genomic data of influenza viruses.

Mapping the evolution and history of all COVID-19 genomes from this data is currently done using extremely large amounts of computer and human time.

The described method allows automation of such tasks. The researchers processed 5.7 million high-coverage sequences in only one to two days on a standard modern laptop; this would not be possible for existing methods, putting identification of concerning pathogen strains in the hands of more researchers due to reduced resource needs.

Thomas House, Professor of Mathematical Sciences at The University of Manchester, said: “The unprecedented amount of genetic data generated during the pandemic demands improvements to our methods to analyse it thoroughly. The data is continuing to grow rapidly but without showing a benefit to curating this data, there is a risk that it will be removed or deleted.

“We know that human expert time is limited, so our approach should not replace the work of humans all together but work alongside them to enable the job to be done much quicker and free our experts for other vital developments.”

The proposed method works by breaking down genetic sequences of the COVID-19 virus into smaller “words” (called 3-mers) represented as numbers by counting them. Then, it groups similar sequences together based on their word patterns using machine learning techniques.

Stefan Güttel, Professor of Applied Mathematics at the University of Manchester, said: “The clustering algorithm CLASSIX we developed is much less computationally demanding than traditional methods and is fully explainable, meaning that it provides textual and visual explanations of the computed clusters.”

Roberto Cahuantzi added: “Our analysis serves as a proof of concept, demonstrating the potential use of machine learning methods as an alert tool for the early discovery of emerging major variants without relying on the need to generate phylogenies.

“Whilst phylogenetics remains the ‘gold standard’ for understanding the viral ancestry, these machine learning methods can accommodate several orders of magnitude more sequences than the current phylogenetic methods and at a low computational cost.”


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International

There will soon be one million seats on this popular Amtrak route

“More people are taking the train than ever before,” says Amtrak’s Executive Vice President.

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While the size of the United States makes it hard for it to compete with the inter-city train access available in places like Japan and many European countries, Amtrak trains are a very popular transportation option in certain pockets of the country — so much so that the country’s national railway company is expanding its Northeast Corridor by more than one million seats.

Related: This is what it's like to take a 19-hour train from New York to Chicago

Running from Boston all the way south to Washington, D.C., the route is one of the most popular as it passes through the most densely populated part of the country and serves as a commuter train for those who need to go between East Coast cities such as New York and Philadelphia for business.

Veronika Bondarenko captured this photo of New York’s Moynihan Train Hall. 

Veronika Bondarenko

Amtrak launches new routes, promises travelers ‘additional travel options’

Earlier this month, Amtrak announced that it was adding four additional Northeastern routes to its schedule — two more routes between New York’s Penn Station and Union Station in Washington, D.C. on the weekend, a new early-morning weekday route between New York and Philadelphia’s William H. Gray III 30th Street Station and a weekend route between Philadelphia and Boston’s South Station.

More Travel:

According to Amtrak, these additions will increase Northeast Corridor’s service by 20% on the weekdays and 10% on the weekends for a total of one million additional seats when counted by how many will ride the corridor over the year.

“More people are taking the train than ever before and we’re proud to offer our customers additional travel options when they ride with us on the Northeast Regional,” Amtrak Executive Vice President and Chief Commercial Officer Eliot Hamlisch said in a statement on the new routes. “The Northeast Regional gets you where you want to go comfortably, conveniently and sustainably as you breeze past traffic on I-95 for a more enjoyable travel experience.”

Here are some of the other Amtrak changes you can expect to see

Amtrak also said that, in the 2023 financial year, the Northeast Corridor had nearly 9.2 million riders — 8% more than it had pre-pandemic and a 29% increase from 2022. The higher demand, particularly during both off-peak hours and the time when many business travelers use to get to work, is pushing Amtrak to invest into this corridor in particular.

To reach more customers, Amtrak has also made several changes to both its routes and pricing system. In the fall of 2023, it introduced a type of new “Night Owl Fare” — if traveling during very late or very early hours, one can go between cities like New York and Philadelphia or Philadelphia and Washington. D.C. for $5 to $15.

As travel on the same routes during peak hours can reach as much as $300, this was a deliberate move to reach those who have the flexibility of time and might have otherwise preferred more affordable methods of transportation such as the bus. After seeing strong uptake, Amtrak added this type of fare to more Boston routes.

The largest distances, such as the ones between Boston and New York or New York and Washington, are available at the lowest rate for $20.

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International

The next pandemic? It’s already here for Earth’s wildlife

Bird flu is decimating species already threatened by climate change and habitat loss.

I am a conservation biologist who studies emerging infectious diseases. When people ask me what I think the next pandemic will be I often say that we are in the midst of one – it’s just afflicting a great many species more than ours.

I am referring to the highly pathogenic strain of avian influenza H5N1 (HPAI H5N1), otherwise known as bird flu, which has killed millions of birds and unknown numbers of mammals, particularly during the past three years.

This is the strain that emerged in domestic geese in China in 1997 and quickly jumped to humans in south-east Asia with a mortality rate of around 40-50%. My research group encountered the virus when it killed a mammal, an endangered Owston’s palm civet, in a captive breeding programme in Cuc Phuong National Park Vietnam in 2005.

How these animals caught bird flu was never confirmed. Their diet is mainly earthworms, so they had not been infected by eating diseased poultry like many captive tigers in the region.

This discovery prompted us to collate all confirmed reports of fatal infection with bird flu to assess just how broad a threat to wildlife this virus might pose.

This is how a newly discovered virus in Chinese poultry came to threaten so much of the world’s biodiversity.

H5N1 originated on a Chinese poultry farm in 1997. ChameleonsEye/Shutterstock

The first signs

Until December 2005, most confirmed infections had been found in a few zoos and rescue centres in Thailand and Cambodia. Our analysis in 2006 showed that nearly half (48%) of all the different groups of birds (known to taxonomists as “orders”) contained a species in which a fatal infection of bird flu had been reported. These 13 orders comprised 84% of all bird species.

We reasoned 20 years ago that the strains of H5N1 circulating were probably highly pathogenic to all bird orders. We also showed that the list of confirmed infected species included those that were globally threatened and that important habitats, such as Vietnam’s Mekong delta, lay close to reported poultry outbreaks.

Mammals known to be susceptible to bird flu during the early 2000s included primates, rodents, pigs and rabbits. Large carnivores such as Bengal tigers and clouded leopards were reported to have been killed, as well as domestic cats.

Our 2006 paper showed the ease with which this virus crossed species barriers and suggested it might one day produce a pandemic-scale threat to global biodiversity.

Unfortunately, our warnings were correct.

A roving sickness

Two decades on, bird flu is killing species from the high Arctic to mainland Antarctica.

In the past couple of years, bird flu has spread rapidly across Europe and infiltrated North and South America, killing millions of poultry and a variety of bird and mammal species. A recent paper found that 26 countries have reported at least 48 mammal species that have died from the virus since 2020, when the latest increase in reported infections started.

Not even the ocean is safe. Since 2020, 13 species of aquatic mammal have succumbed, including American sea lions, porpoises and dolphins, often dying in their thousands in South America. A wide range of scavenging and predatory mammals that live on land are now also confirmed to be susceptible, including mountain lions, lynx, brown, black and polar bears.

The UK alone has lost over 75% of its great skuas and seen a 25% decline in northern gannets. Recent declines in sandwich terns (35%) and common terns (42%) were also largely driven by the virus.

Scientists haven’t managed to completely sequence the virus in all affected species. Research and continuous surveillance could tell us how adaptable it ultimately becomes, and whether it can jump to even more species. We know it can already infect humans – one or more genetic mutations may make it more infectious.

At the crossroads

Between January 1 2003 and December 21 2023, 882 cases of human infection with the H5N1 virus were reported from 23 countries, of which 461 (52%) were fatal.

Of these fatal cases, more than half were in Vietnam, China, Cambodia and Laos. Poultry-to-human infections were first recorded in Cambodia in December 2003. Intermittent cases were reported until 2014, followed by a gap until 2023, yielding 41 deaths from 64 cases. The subtype of H5N1 virus responsible has been detected in poultry in Cambodia since 2014. In the early 2000s, the H5N1 virus circulating had a high human mortality rate, so it is worrying that we are now starting to see people dying after contact with poultry again.

It’s not just H5 subtypes of bird flu that concern humans. The H10N1 virus was originally isolated from wild birds in South Korea, but has also been reported in samples from China and Mongolia.

Recent research found that these particular virus subtypes may be able to jump to humans after they were found to be pathogenic in laboratory mice and ferrets. The first person who was confirmed to be infected with H10N5 died in China on January 27 2024, but this patient was also suffering from seasonal flu (H3N2). They had been exposed to live poultry which also tested positive for H10N5.

Species already threatened with extinction are among those which have died due to bird flu in the past three years. The first deaths from the virus in mainland Antarctica have just been confirmed in skuas, highlighting a looming threat to penguin colonies whose eggs and chicks skuas prey on. Humboldt penguins have already been killed by the virus in Chile.

A colony of king penguins.
Remote penguin colonies are already threatened by climate change. AndreAnita/Shutterstock

How can we stem this tsunami of H5N1 and other avian influenzas? Completely overhaul poultry production on a global scale. Make farms self-sufficient in rearing eggs and chicks instead of exporting them internationally. The trend towards megafarms containing over a million birds must be stopped in its tracks.

To prevent the worst outcomes for this virus, we must revisit its primary source: the incubator of intensive poultry farms.

Diana Bell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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