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

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."

Rio de Janeiro police seize on a new target: Hard-to-grasp stuffed animals

DAVID BILLER
August 28, 2024

RIO DE JANEIRO (AP) -- Rio de Janeiro -- already notorious for street muggings, corrupt politicians, ruthless militias and Kalashnikov-toting drug traffickers -- has a new public enemy: plushies. Or, more specifically, the joystick-controlled claw machines that dispense them.

On Wednesday, Rio police carried out 16 search warrants targeting the machines that elicit exhilaration among children and adults alike. But police said the claw machines defraud users who believe scoring stuffed animals to be a test of skill. In fact, they are games of chance -- just like slot machines -- and therefore illegal, according to their press office.

Officers seized claw machines, laptops, tablets, cell phones, a firearm and -- yes -- furry friends. They are investigating whether organized crime groups may be the invisible hand behind the claw because they already run slot machines and a popular lottery known as "Animal Game" across the city. Police in Brazil's southern Santa Catarina state carried out an additional three search warrants Wednesday as part of the same operation.

It marked the second such police crackdown, following another in May during which officers apprehended 80 machines. Not only were those machines stocked with counterfeit plushies, but subsequent analysis of their programming found winning pulls were permitted only after a set number of attempts, police said in their statement Wednesday. Facilitating such sporadic, successful snags is an electrical current to the otherwise enfeebled claw so it holds fast to its prize, the statement said.

That programming isn't disclosed to naive users, including children liable to blow their pocket money on what's effectively a crap shoot. Claw machines can be found in Rio's shopping malls, subway stations, supermarkets, arcades and toy stores.

Among Rio's claw aficionados is Alessandra Libonatti, 41, who has played for nearly three decades. She remembers the machines causing a stir when they first appeared in the city; she had only seen them before in movies. These days she tends to play once a week, whether alone or at the mall with friends who share her "peculiar" hobby.

She likes the low-investment adrenaline rush and, by her own account, she's a talented clawmaster who has honed her techniques to maximize success, from scouting the stuffed animal landscape to precise positioning of the claw. She treasures a manatee with jaguar spots that she pulled in on a trip to the nation's capital with friends.

"When I pass by a machine, I give it a look to see if there's a stuffed animal that makes it worth it to play," she told The Associated Press. "Because it's not always worth it; sometimes it's clearly a waste of money."

Claw machines may have been feats of skill in decades past, but most modern machines have built-in programming allowing operators to predetermine their profitability, said Jeremy Hambly, a claw game aficionado from the Milwaukee area. His ClawStruck YouTube channel shows how many different models work, he previously told the AP. He said odds should be posted prominently on machines for users to review.

Most U.S. states consider claw machines games of chance and specifically exempt them from gambling statutes, as long as they comply with certain rules specific to those states. According to industry officials, it's in arcades' best interests to have customers win so they'll keep playing.

But lately it's tough going for Rio's claw connoisseurs, Libonatti said. And she chalks that up to changes made to the machines that didn't escape her exacting eye.

"The current machines are crap. The claws are weaker," she wrote in a text message to a friend in April, reviewed by the AP.

"Amiga, yessssss!" her friend replied. "I went back to the machines where I always got (stuffed animals) in recent weeks and they're soooooo weak!"

Local online media outlet G1 dubbed the phenomenon the "weak claw scam."

The nearly 13,000 stuffed animals police detained in May were initially destined for destruction, but a request from state lawmakers found favor with a judge who spared them. Instead, police donated the plushies to families who lost their homes in the massive floods of southern Rio Grande do Sul state, particularly children in shelters.

The fate of the stuffed animals seized Wednesday was still unclear.

___

Associated Press writer Bruce Shipkowski contributed from Trenton, New Jersey.

Continue Reading...

Popular

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.

Mother Sells Taylor Swift Tickets Over Star's Endorsement Of Kamala Harris: 'I'm Gonna Shake It Off, And I'm Done With You'

A mother has chosen to sell the Taylor Swift concert tickets she had bought as a birthday present for her daughter in response to the pop star's recent endorsement of Kamala Harris.

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.

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.

A key employee who called the Titan unsafe will testify before the Coast Guard

A key employee who labeled unsafe prior to its last, fatal voyage was set to testify Tuesday before U.S. Coast Guard investigators.

Trump's Campaign Slapped With Lawsuit Threat After Jack White Calls Them 'Fascists'- 'You Should Lose Every Military Family's Vote Immediately!'

Jack White of the White Stripes has condemned Donald Trump's campaign as "fascists" and threatened legal action after an aide used a clip of the band's 2003 hit "Seven Nation Army" in a pro-Trump social media post.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Bill Ackman And Elon Musk Blast Kamala Harris For Her Social Media Posts During Debate With Trump: 'Even Her Tweets Are Not Her Own'

Recent comments by prominent figures have sparked debate over Vice President Kamala Harris's social media activity and public engagement. Bill Ackman, CEO of Pershing Square Capital Management, raised questions about Harris's involvement in her own X posts during the recent Republican primary debate.

Judge allows smoking to continue in Atlantic City casinos, dealing blow to workers

ATLANTIC CITY, N.J. (AP) — A judge on Friday allowed smoking to continue in Atlantic City’s casinos, giving some measure of relief to the city's struggling casino industry while rebuffing workers who have long sought to be able to breathe clean air on the casino floor.

Don't Buy Another Stock Until You See This - Ad

We face a widespread collapse unlike anything we've seen in our lifetimes. By taking 4 simple steps today you can stay safe from the coming catastrophe. Which is why I want to rush you my new book "Midnight in America" FOR FREE.

Psychedelic Church Opens In Colorado Springs, CO Making History

Meet Colorado's first psychedelic church in Colorado Springs, where magic mushrooms and DMT are used for healing and creating community.

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 Chipmaking Investments Top US, Taiwan, South Korea Combined: What It Means For Nvidia, ASML

China invests $25 billion in chipmaking equipment, surpassing spending by South Korea, Taiwan, and the U.S. This could impact top chipmakers and suppliers like NVIDIA and ASML.

'FBI Raided My Home…:' Melania Trump Slams FBI For Invading Her Privacy While Searching For 'Top Secret' Documents At Donald Trump's Mar-A-Lago Residence

In a recent video promoting her upcoming memoir, former First Lady Melania Trump issued a stark warning to Americans about the actions of the Federal Bureau of Investigation (FBI) during a raid on her Florida residence in August 2022.

DO NOT Make Another Trade Without Seeing This First - Ad

Starting September 23... a huge secret of the markets could help you consistently target gains like: 126%... 245%... even 463% or more... often in 30 days or less... No matter what the market does next.

iPhone 16 Pro Vs. iPhone 15 Pro: Should You Upgrade To Apple's Latest iPhone?

The iPhone 16 Pro offers notable upgrades in display size, processing power, camera capabilities, and battery life over the iPhone 15 Pro, but the improvements may not be significant enough to justify an upgrade for all users unless these specific features are essential to them.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Maryland awards contract for Francis Scott Key Bridge rebuild after deadly collapse

BALTIMORE (AP) — Maryland transportation leaders on Thursday approved a contract for rebuilding the Francis Scott Key Bridge several months after the 1.6-mile (2.6-kilometer) steel span of a massive container ship that lost power and crashed into one of its supporting columns.

What to Stream: George Strait, 'Rebel Ridge,' Astro Bot, 'Slow Horses' and Mormon influencers

“The Secret Lives of Mormon Wives,” a docuseries following young wives in Utah, and the suspenseful thriller “Rebel Ridge” are some of the new television, films, music and games near you.

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.

Kroger and Albertsons prepare to make a final federal court argument for their merger

PORTLAND, Ore. (AP) — Kroger and Albertsons were expected to present their closing arguments Tuesday in a on their proposed merger, which the federal government hopes to block.

Trump Vs Harris: New Polls Reveal This Candidate Is Outperforming In Swing States

The latest polls indicate that Kamala Harris is either leading or tied with Donald Trump in key swing states.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

California governor signs laws to protect actors against unauthorized use of AI

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed off Tuesday on legislation aiming at protecting Hollywood actors and performers against unauthorized artificial intelligence that could be used to create digital clones of themselves without their consent.

Stellantis Fires Back At US Dealer Council's Allegation Of 'Short-Term Decision-Making:' Carmaker Says 'Public Personal Attacks' Not The Way To Solve Problems

Carmaker Stellantis NV said on Wednesday that it takes "absolute exception" to the open letter sent by the President of U.S. Stellantis National Dealer Council (NDC) Kevin Farrish to company CEO Carlos Tavares, terming it a "public personal attack."

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

US-sanctioned Serbia official meets Putin, says Belgrade is an ally and won't join Western penalties

Serbia is a Russian ally and will never impose sanctions against Moscow or join NATO, the Balkan nation’s deputy prime minister said Wednesday as he met with Russian President Vladimir Putin.

This Is How the AI Bull Market Ends - Ad

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.

Kentucky's Massive Cannabis Licensing Response: 5,000 Applications Filed Before Deadline

Nearly 5,000 medical cannabis license applications were filed in Kentucky by the August deadline, showing immense interest.

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 Comments On Why They Want To Kill Trump, DeSantis Promises Florida's Own Probe

A second assassination attempt on Donald Trump was foiled by the U.S. Secret Service while he was golfing in Florida, with political figures from both parties condemning the incident and reaffirming the importance of denouncing political violence.

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 smartmoneytrading.net
Privacy Policy | Terms of Service