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Armed men hijacked a tourist boat in the Amazon rainforest in Peru, robbed all 14 people on board and forced them to empty their bank accounts via mobile apps, according to one of the victims. Spanish TikToker Elisabet de la Almudena, who has more than 235,000 followers on the platform, described the ordeal as the “worst day of her life” in a 4.5-minute video uploaded Tuesday. According to her account, she was part of a 14-person group, including her parents and 6-year-old daughter, that set off on an all-day boat tour from the city of Iquitos, a popular jumping-off point to explore the rainforest. “We contracted a family tour, a sightseeing tour, and we ended up being kidnapped,” she said. Four men armed with pistols and a machine gun boarded the boat and sailed it deep into the forest, said de la Almudena, where they took everyone’s belongings and even…

Many South Africans are praising President Cyril Ramaphosa’s calm demeanor as President Donald Trump’s multimedia ambush unfolded in front of the world’s press. He pushed back gently whenever he could, but he didn’t raise his voice or show anger, displaying his decades of negotiation experience. “What else could Cyril have done?” asked veteran journalist Milton Nkosi. “You’re damned if you do, damned if you don’t. I think they were caught completely unawares. How on earth could you have planned for that?” said Nkosi, who’s a senior research fellow at the Africa Asia Dialogues think tank. On social media and across South Africa’s broadcast outlets, consensus seemed to quickly form that Ramaphosa did the best under the circumstances. He remained “calm, collected and humble in the face of bigotry and lies,” posted one user on X. “You were a leader today. Went to build not to fight.” Ramaphosa brought his own…

If you regularly follow the SCTR Reports (StockCharts Technical Rank), you’ll notice that some top-ranked stocks aren’t just individual standouts but groupings that call attention to particular sectors, industries, or subgroups within the two. That’s exactly what happened Tuesday morning. A couple of high-ranking stocks pointed to a growing trend in the thematic subsector of quantum computing. Quantum Computing Stocks Light Up the SCTR Reports Occupying the top ranks of the Mid Cap SCTR Top 10 list are quantum computing stocks D-Wave Quantum Inc. (QBTS) and Rigetti Computing, Inc. (RGTI). FIGURE 1. SCTR REPORTS – MID CAP TOP 10. QBTS and RGTI, occupying the top of the list, signal strength in the quantum computing subsector. The quantum computing subsector made headlines Tuesday morning, with QBTS leading the charge.  QBTS Leads on Breakout News and Bullish Technical Scans QBTS shares surged after the company unveiled Advantage2, its most advanced quantum system…

Retail traders and investors often don’t get the credit they deserve. But in April, they showed they’ve got serious market smarts.  While headlines screamed about a tanking stock market — remember, post-Liberation Day— retail investors waited patiently. And when the time felt right, they jumped in, adding $40 billion to the stock market during the month. Just this past Monday, retail investors poured another $5.4 billion in by day’s end. That was more than a third of the day’s trading volume! If this keeps up, May could beat April in terms of total inflows.  Lessons From the Past Many of you probably remember the dot-com boom and the painful bust that followed. A lot of retail traders jumped in thinking they were buying the dip. Unfortunately, the market had other plans. Many retail traders got wiped out because they ended up buying at the peak rather than the dip.  This…

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell said Wednesday. The remarks came as Target reported weaker-than-expected sales in its first quarter and cut its full-year forecast. The retailer, whose business hasn’t fared as well against rivals better known for bargain prices, has “many levers to use in mitigating the impact of tariffs,” Cornell said. Major retailers appear to be treading cautiously around the question of price hikes after Trump slammed Walmart last weekend for warning that shoppers could pay more due to tariffs. In the days since, Target, Lowe’s and Home Depot have each made carefully worded remarks about the potential for higher prices or minimized discussion of tariffs altogether. Walmart said last week that it customers would likely start seeing some prices climb as soon as this month because tariffs have created a more…

We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s a familiar face to Securities and Exchange Commission regulators and law enforcement officials. Justin Sun, a Chinese-born crypto entrepreneur, confirmed in an X post Tuesday that he was behind the account, labeled ‘SUN,’ that purchased the most $TRUMP meme coin to sit at the president’s table at a crypto-focused gala scheduled for Thursday. ‘Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!’ Sun wrote. ‘As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.’ He capped the post with an American flag emoji. Critics have blasted the dinner contest as potentially unconstitutional and a blatant opportunity for corruption. Trump has not publicly commented on the…

Portnov, 51, was shot several times as he was getting into a car around 9:15 a.m. local time in Madrid (3:15 a.m. ET), the police source said. Various assailants shot him in the back and the head, and later fled into a wooded area, the source said. The shooting took place outside The American School of Madrid, located in Pozuelo de Alaracon, an affluent suburb just west of Madrid. It has just over 1,000 students from the United States, Spain and several dozen other countries. Portnov was sanctioned by the United States in 2021 for corruption and bribery under the Magnitsky Act. He was “credibly accused of using his influence to buy access and decisions in Ukraine’s courts and undermining reform effort,” according to the US Treasury Department. The Magnitsky Act, signed into law in December 2012, blocks entry into the US and freezes the assets of certain Russian and…