logo
Pizza lovers can help feed families during Downtown Dempsey's hunger campaign

Pizza lovers can help feed families during Downtown Dempsey's hunger campaign

Yahoo4 days ago
A slice of pizza could help fight hunger in Lenawee County next week, thanks to a partnership between Downtown Dempsey's and the South Michigan Food Bank.
The locally owned Adrian pizzeria is donating $1 for every pizza sold Aug. 4-9 to support families facing food insecurity, according to a community announcement.
The weeklong campaign aims to boost food bank donations and community spirit — and every dollar raised will be matched by the Lenawee Community Foundation, doubling the impact.
Dempsey's is known for wood-fired pies and a welcoming atmosphere. Whether dining in or ordering out, customers who purchase pizza during the campaign will be helping provide fresh, nutritious food to neighbors in need.
'You can't spell 'community' without 'unity.' Here's our chance to come together and support our neighbors,' said Tiffany Sieler, co-owner of Downtown Dempsey's.
South Michigan Food Bank serves eight counties, including Lenawee, where about 1 in 7 people face food insecurity, according to the announcement. The food bank partners with more than 380 agencies to distribute food throughout the region.
For more information, visit smfoodbank.org or stop by Downtown Dempsey's at 112 W. Maumee St. in Adrian.
This story was created by David DeMille, ddemille@gannett.com, with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.
This article originally appeared on The Daily Telegram: Downtown Dempsey's aids South Michigan Food Bank
Solve the daily Crossword
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market
From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market

Yahoo

time13 hours ago

  • Yahoo

From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market

Amid record-high markets, six Wall Street strategists shared where they would deploy $10,000 right now, identifying areas ranging from artificial intelligence to emerging markets, according to Business Insider. Experts say there's still opportunity across various asset classes, including U.S. and global equities, small-cap stocks, and dividend-paying stocks. JPMorgan Backs International Stocks Over U.S. J.P. Morgan Asset Management Chief Market Strategist for the Americas Gabriela Santos said that she would allocate $7,000 to developed-market ex-U.S. equities and $3,000 to emerging markets, pointing out that U.S. stocks now trade at roughly a 35% premium to international peers—much higher than their historical 15% premium. Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can "After 15 years of disappointment, it's really been all about international equities this year — huge outperformance, and something we see as just the beginning," Santos told Business Insider. She added that a weaker U.S. dollar and growing investor interest in global markets support this shift. Santos cited the Vanguard FTSE Developed Markets ETF (NYSE:VEA) and iShares MSCI Emerging Markets ETF (NYSE:EEM), which were up 19.7% and 18.6%, respectively, as of last week. Stifel's Bannister Favors Diversified Equity Exposure With tech stocks dominating market headlines, Stifel Financial Corp (NYSE:SF, SFB)) Chief Equity Strategist Barry Bannister is steering in a different direction. He recommends spreading a $10,000 investment equally across small-cap, international, and value stocks to offset tech-sector concentration, Business Insider reported. 'Right now, the market's obsessively focused on tech. But it's hard to run an economy on seven stocks,' Bannister said. He highlighted the concentration risk in the tech sector and pointed to the Vanguard Value ETF (NYSE:VTV), iShares Russell 2000 ETF (NYSE:IWM), and iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) as preferred picks for diversification—and said he's recently adopted the approach himself using fresh capital received in May. Trending: $100k+ in investable assets? – no cost, no obligation. Equal Weight for Better Balance, Says Haverford Trust Haverford Trust Chief Investment Office Hank Smith recommended a two-part allocation: 50% to 60% in an equal-weighted S&P 500 ETF such as the Invesco S&P 500 Equal Weight ETF (NYSE:RSP) and 40% to 50% in a cap-weighted index such as the Nasdaq 100. Smith said equal weighting helps reduce overexposure to the top tech names, while the Nasdaq allocation ensures continued participation in any tech-driven rally. "Now you get all your top tech holdings that are driving this market," Smith told Business Insider. He said the approach works best with a minimum investment horizon of five years. Piper Sandler Emphasizes U.S. Large-Cap Leaders ​​With elevated interest rates and a split in corporate earnings performance, investors may benefit more from selective stock-picking than from index investing, Piper Sandler (NYSE:PIPR) Chief Investment Officer Michael Kantrowitz told Business Insider. He said he expects U.S. large-cap leaders to continue outperforming and advised avoiding passive sector ETFs, which can misrepresent actual stock performance due to their weighting structures. "The earnings backdrop is going to be very bifurcated, and interest rates are going to remain elevated," Kantrowitz told the outlet. Companies currently screening well in Piper Sandler's models include Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG, GOOGL)), Meta Platforms Inc. (NASDAQ:META), Oracle Corp. (NYSE:ORCL), Costco Wholesale Corp. (NASDAQ:COST), Johnson & Johnson (NYSE:JNJ), and Home Depot Inc. (NYSE:HD).BlackRock Strategist Looks Beyond Just Tech Investors shouldn't abandon Big Tech — but diversification is key, according to BlackRock Inc. (NYSE:BLK) Global Chief Investment Officer of Fundamental Equities Tony DeSpirito, who manages several value-focused funds. 'I'm not negative on the Mag Seven,' he told Business Insider. 'Many of them have really good growth and really good free cash flow. That's an incredibly powerful combination, and so they earn the multiples that they're trading at.' DeSpirito recommends splitting a portfolio across large-cap growth, dividend stocks, and value plays to hedge against volatility. He flagged dividend names for their downside resilience and steady income, and called healthcare — especially medical device makers — a 'quality value' area that's been largely overlooked. The S&P 500 healthcare sector is down about 2% year-to-date. Still, he warned that some large pharmaceutical companies could be value traps, with earnings too dependent on soon-to-expire patents. Janus Henderson Sees Growth in Tech, Europe, and Mid-Caps Janus Henderson Group plc (NYSE:JHG) U.S. Head of Portfolio Construction and Strategy Lara Castleton recommended a diversified portfolio approach for investors with longer time horizons and higher risk tolerance. "We see strong potential in U.S. mid-caps and international equities," Castleton told Business Insider, recommending a three-part portfolio: 60% in large-cap U.S. equities with a tech tilt — via funds like the Invesco QQQ Trust (NASDAQ:QQQ) or Technology Select Sector SPDR Fund (NYSE:XLK) — along with 20% in ex-U.S. stocks, and 20% in U.S. mid-caps. She said international names, especially in Europe, are showing improved fundamentals, while U.S. mid-caps are benefiting from reshoring trends and offer greater upside than their larger peers. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

Apple quietens Wall Street's fears of China struggles and slow AI progress
Apple quietens Wall Street's fears of China struggles and slow AI progress

Yahoo

time3 days ago

  • Yahoo

Apple quietens Wall Street's fears of China struggles and slow AI progress

Apple has been under pressure this year. It's playing catch-up to its fellow tech giants on artificial intelligence, it's seen its stock fall by double digits since the year began, it closed a store in China for the first time ever this week, and looming US tariffs on Beijing threaten its supply chain. On Thursday, the company released its third-quarter earnings of the fiscal year as investors scrutinize how the iPhone maker might turn things around. Despite the gloomy outlook, the company is still worth more than $3tn, and it beat Wall Street's expectations for profit and revenue this quarter. Apple reported a massive 10% year-over-year increase in revenue to $94.04bn, and $1.57 per share in earnings. That's substantially more than the $89.3bn in revenue and $1.43 per share that analysts predicted and is the company's biggest revenue growth since 2021. Apple's iPhone revenue also outperformed Wall Street's expectations, coming in 13% higher than the same time last year. Tim Cook, Apple's chief executive, said in a statement that the company was 'proud' to report a 'June quarter revenue record', showing growth in its iPhone, Mac and services divisions. On an earnings call on Thursday, he said the quarterly results were 'better than we expected'. Dipanjan Chatterjee, a vice-president and principal analyst for Forrester, said rising services tend to boost the company's revenue stream. 'Apple has grown accustomed to having revenue growth in this high-margin services business, which masks other areas of the business not performing as well,' Chatterjee explained . He pointed to several issues that have led to Apple's less-than-stellar product performance of late. He said Apple has lagged on hardware innovation, causing 'consumer apathy', and its AI rollout has been glitchy. Apple Intelligence, Apple's AI product, has been limited to incremental features and rather than transformational upgrades. And it's been more than a year since Apple announced a suite of AI upgrades to its voice assistant Siri – many of which have yet to be released. 'This work [on Siri] needed more time to reach our high-quality bar,' said Craig Federighi, Apple's vice-president of software engineering, during the company's developer conference in June. Donald Trump's sweeping tariffs have also been a pain point for the company as the US president pushes his desire for manufacturing to boom in the US. The vast majority of Apple's products are made in China, with about 90% of iPhones assembled there, despite recent efforts to shift production elsewhere. Cook said during the company's previous quarterly earnings call that he expected the China tariffs to add $900m to its costs this quarter. Apple has attempted to pivot, moving more of its manufacturing to other countries such as India and Vietnam. However, this week, Trump announced a rise in tariffs on India, too, up to 25% starting on 1 August. On Thursday's earnings call, Cook reminded analysts that Apple had pledged to invest $500bn in the US over the next four years and that 'ultimately we will do more in the United States'. He added Apple was 'making good progress on a more personalized Siri' and promised a release next year. Because of the external and internal pressures, Apple has seen its share price plummet this year. Once the industry leader of the 'Magnificent Seven' – the most valuable publicly traded companies in the world, all American technology giants – Apple boasted the highest-performing stock and biggest market capitalization on the US stock market. Now its share price is the second-worst performing after Tesla in percentage decline among the seven. Since January, Apple's stock has fallen roughly 15%. In after-hours trading on Thursday, though, the company saw a slight increase of 2.5% in its share price.

AI Technology Outdated? That's Okay, Just Keep Moving
AI Technology Outdated? That's Okay, Just Keep Moving

Forbes

time3 days ago

  • Forbes

AI Technology Outdated? That's Okay, Just Keep Moving

One can be forgiven for thinking that everyone is mastering artificial intelligence, while they are scrambling to understand it and catch up. Let's face it: no one knows where AI is going to take us. Not a year from now, not even a month from now. Everyone is experimenting and learning. Not even the chief information officer of one of the world's leading technology providers can say with certainty where AI is taking things. And that's okay. Today's AI intelligence platforms and offerings are becoming outdated at a blinding pace. Which raises the question, where should one insert their investments, as there is the risk of pouring money into outdated technology? This typically doesn't sit well with boards, or employees that have to depend on the technology. But the worst strategy is to hold off and wait for the next iteration of the technology, because that day will never come. That's the word from Art Hu, CIO of Lenovo Global, who urged decision-makers to work with the AI they've got, which is more productive than waiting for new versions to come along – no matter how quickly they appear on the scene. Everything is uncertain, so don't count on certainty, he said, speaking with CXOTalk's Michael Krigsman in a recent interview. 'Agility beats certainty as an AI investment strategy,' he said. Accept that the AI technologies chosen today will not remain at the forefront for long. Hu shared Lenovo's own approach to AI investment, which emphasizes "no regret" investments, even if the technology becomes outdated. It's not about perfection – it's about adaptability and agility, he again emphasized. Too often, organizations get caught in 'analysis paralysis,' unable to move forward because they are unsure how the technology will develop. Don't wait for guaranteed outcomes that may never materialize, he said. AI technology 'is advancing at a rapid pace – almost by day or by week or by month,' Hu said. Analysis paralysis sets in because 'the frontier seems to be moving so quickly,' and people don't know how to handle it. The best approach is to keep learning and tolerate ambiguity, he explained. At his company, that translates into AI decisions made by a cross-enterprise executive committee. 'In terms of the investment question and our investment strategy, everyone is expected to engage, and that helps tremendously,' he said. 'There's no need to explain what we're doing or why, and that really helps the team step forward.' An important part of this open AI strategy is to take on the prevailing fear that AI is taking jobs away. This narrative 'portrays workers as passive victims rather than active participants in change,' he said. 'AI automates specific tasks within jobs, but humans still design job roles and define organizational goals.' There's a productivity benefit as well, 'Software engineers who once spent only 10-15% of their time coding now have access to capabilities that previously required specialized designers or prototypers,' he explained. As a result, professionals are freed up to focus on higher-value activities, such as architecture, security, and business outcomes. The key to successfully building an AI partnership is to 'help teams break down their roles into tasks, identify which ones AI can enhance or replace, and restructure positions to focus on distinctly human contributions,' said Hu. It's important to reframe the AI discussion, he continued. 'The point is to not lose momentum and to continue in the face of that uncertainty.' For its part, Lenovo seeks to create 'the environment that invites people in,' Hu related. 'If you want to work in legal, if you're in marketing, if you're in finance, if you're in HR, there's something for you to work with that will help invite you in the door.' That 'pull' results in high levels of interest among employees, and a desire to learn more, he added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store