Australian Gaza protesters charged with animal abuse and assaulting police


Four more Gaza protesters have been charged with offenses ranging from animal abuse to assaulting police after they let loose at the Melbourne, Australia Convention and Exhibition Centre, which was hosting a Land Forces Expo in September, Sky News reported Tuesday.

Melbourne police fought back the protesters who came to vent their displeasure over the exposition that featured the products of global armaments manufacturers who showcase and sell the latest defense equipment at the event. Sept. 11, the first day of the event, saw 89 people arrested or fined as they allegedly threw rocks, eggs, horse manure and a noxious smelling liquid that was reminiscent of vomit at police.The protesters are accused of spraying it and another liquid irritant directly at police officers while they upset their horses with plastic crates.

Police charged a man from Carlton North with six counts of assaulting police as well as abusing an animal. They allege he used a liquid irritant against four police officers on foot and another on horseback, who also received a load of horse manure.

Police charged another protester from Templestowe Lower with four counts of obstructing police and two counts of abusing an animal. A third man from Yarraville also stands charged with assaulting police, as well as tormenting/abusing an animal, intentionally obstructing police and discharging a missile.

Police obtained a search warrant to enter the home of a Mount Waverly and charged him with two counts of animal abuse and one of obstructing police and theft. While charging the man they also arrested a 22-year-old woman who was also found at the house, reportedly for growing marijuana. Police are still looking for eight more individuals associated with the riot that required 27 state and interstate police officers to seek medical attention.

The dozen horses affected by the protest were treated by police animal handlers and assessed as good to go back to work on the advice of a veterinarian.

This Story originally came from humanevents.com

 


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Nvidia Blackwell Racks Reportedly Face “Overheating Problems,” Signaling Major Concern From Big Customers

Nvidia Blackwell Racks Reportedly Face “Overheating Problems,” Signaling Major Concern From Big Customers

Ahead of Nvidia’s earnings report on Wednesday after the bell, a new report from The Information reveals that the world’s most valuable company has requested suppliers to redesign the racks for new Blackwell graphics cards to address overheating issues. 

According to the report…

In recent months, Nvidia has asked its suppliers to change the design of the racks several times as it has tried to overcome the overheating problems, according to Nvidia employees who have been working on the issue, as well as several customers and suppliers with knowledge of it. Word of the repeated design changes has sparked anxiety among customers about a potential delay in when they will be able to use the racks.

In August, Bloomberg reported that Nvidia’s highly anticipated Blackwell series of AI chips encounteredengineering snags,” which signifies the mounting challenges of meeting customer demand for its AI GPUs. 

Here’s more from The Information: 

Now, though, some big customers are concerned. While Nvidia often changes its server designs before launch, changes to the Blackwell racks have come late in the production process, according to several customers and suppliers. However, Nvidia may still be able to deliver the racks to customers by the end of the first half next year, in line with its original schedule, and it hasn’t notified customers of a delay.

Meta Platforms, Elon Musk’s xAI, and Microsoft are some of Nvidia’s largest customers. Next year (likely in the second half), Nvidia will deliver new Blackwell racks to server farms.

The Information’s report comes ahead of a major earnings catalyst for the world’s most valuable company on Wednesday after the bell. 

Goldman’s Toshiya Hari recently published a note on Nvidia, indicating “GS Research is bullish here…” 

  • GS Research is bullish here as Toshi models $34.3bn (+14% qoq, +90% yoy) in revenue, 75.4% in non-GAAP gross margin (excl. SBC) and $0.79 in non-GAAP EPS (excl. SBC) – all above cons. The magnitude of Nvidia’s revenue beats have narrowed over the last few quarters, but could expand again in CY2025 driven by Blackwell. Though Toshiya expects FY1Q to be the true ‘break out’ quarter in which the ramp of Blackwell coupled with improved supply-side conditions drives meaningful positive EPS revisions, he expects FY3Q guidance and management commentary on the earnings call to support his constructive thesis. Four of Nvidia’s largest customers (GOOGL, META, MSFT and AMZN) reported earnings with GOOGL, MSFT and AMZN explicitly stating or implying that supply, not demand, remains a constraining factor.

  • Investor sentiment skews positive into results on Nov 20th (desk thinks sentiment = 9 out of 10, up from last qtr) with investors focused on the upcoming Blackwell product ramp as well as broader commentary around visibility and ROIs / use-cases for GenAI (think: Agents / Assistants, robotaxis, etc). Into CY25, key debates on the stock are around linearity of spending as LLMs continue to scale, customer diversification (think: Enterprise, Sovereigns) and margins (GMs/mix + Opex/R&D). Hedge funds have net bought AI stocks since October, and investors for the most part plan to maintain long positions.

In recent sessions, some of Nvidia’s most active options have been calls linked to shares soaring to $155 and $162.50 after earnings. Nvidia shares closed Friday at $141.98. Shares are up 187% on the year. About 1% of the float is short.

Shares are about 2% lower in premarket trading.

Meanwhile, insiders have been dumping shares…

All eyes will be on Nvidia ER on Wednesday. 

Tyler Durden
Mon, 11/18/2024 – 07:20

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