The Most Important "AI Stock" You've Never Heard Of

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Slovakia’s central bank chief convicted of bribery and fined $225,000

JIM VERTUNO
May 29, 2025

BRATISLAVA, Slovakia (AP) -- Slovakia's central bank chief, who is a member of the European Central Bank committee that decides monetary policy for 20 countries, was convicted of bribery and fined 200,000 euros ($225,000) on Thursday.

The verdict against central bank Gov. Peter Ka?imír was issued by Judge Milan Cisarik at the country's Special Criminal Court in Pezinok.

Ka?imír's attorneys argued that he should have been acquitted because of the recent changes in Slovakia's penal code, which reduced punishment for corruption and that recently ended a number of corruption cases and trials.

Ka?imír wasn't present at the court. He said in a statement that he would appeal. His six-year term in office expires on Sunday.

Ka?imír was accused of paying a bribe of 48,000 euros ($54,000) at the turn of the year in 2017-18 to the head of the country's tax office in connection with a tax audit of several private companies.

At the time, Ka?imír was acquiring a luxury villa located in an upscale neighborhood of Bratislava, the capital, from the owner of the companies.

Ka?imír, who pleaded not guilty, had previously said that he considered the charges to be illegal and fabricated.

The case dates to when Ka?imír served as finance minister in the leftist government of populist Prime Minister Robert Fico from 2012 to 2019. He was a member of Fico's Smer, or Direction, party before taking the central bank job.

Smer lost the 2020 general election and was replaced by a coalition government whose parties campaigned on an anti-corruption ticket.

Since that government took power, a number of people linked to Fico's party faced prosecution in corruption scandals.

Ka?imír was the first minister of Fico's government to stand trial.

Slovakia is one of 20 countries that use the euro currency, and Ka?imír is a member of the ECB's governing council, its main decision-making body.

A number of people linked to the prime minister's party faced prosecution in corruption scandals.

Fico returned to power for the fourth time in 2023 after his leftist party Smer won the Sept. 30 parliamentary election on a pro-Russia and anti-American platform.

In February 2024, lawmakers loyal to Fico's new coalition government approved changes to the penal code and eliminated the office of the special prosecutor that deals with major crime and corruption.

The legislation faced sharp criticism at home and abroad while thousands of Slovaks repeatedly took to the streets to protest.

The changes include a reduction in punishments for corruption and some other crimes, including the possibility of suspended sentences, and a significant shortening of the statute of limitations.

Continue Reading...

Popular

Cathie Wood's Ark Invest Shuffles Portfolio: Trades Include Intuitive Machines, Oklo, And More

Cathie Wood-led Ark Invest made significant trades, selling shares of Block and Cameco Corp, and buying shares of BWX Technologies.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Peak Pessimism On US Treasuries? History Says A Summer Rally May Be Near

As U.S. deficits grow and bond yields rise, Wall Street turns bearish—but seasonality points to a potential summer rally for Treasuries.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

AST SpaceMobile Shares Are Facing Selling Pressure Today: What's Going On?

AST SpaceMobile Inc. (NASDAQ: ASTS) shares are trading lower Monday, adding to losses since the company reported first-quarter earnings last week that included revenue and earnings below expectations despite strong operational updates.

'Investment, not tariffs,' says Ishiba after telephone talks with Trump before 3rd round of talks

TOKYO (AP) — Japan's Prime Minister said Friday that he held telephone talks with U.S. President and agreed to hold “productive" discussions at an upcoming tariff talks between the two sides.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Massachusetts 19-year-old pleading guilty to stealing, extorting teacher and student private data

BOSTON, Mass. (AP) — A Massachusetts college student will plead guilty to stealing millions of students' and teachers' private data from two U.S. education tech companies and extorting it for ransom, the U.S. attorney's office said.

Nvidia, AMC, PDD Holdings, Trump Media And Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. markets closed higher on Tuesday, with the S&P 500 ending the day 2.05% higher at 5,921.54, while the Dow Jones Industrial Average rose 1.8% to 42,343.65. The Nasdaq also spiked nearly 2.5% to 19,199.16. These are the top stocks that gained the attention of retail traders and investors throughout the day:

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

AutoZone Posts Best Comp Sales In 2 Years, Margin Pressures Unlikely To Continue: Analysts Raise Price Target

Shares of AutoZone Inc (NYSE: AZO) rallied on Wed after reporting fiscal Q3 results. Analysts maintain Buy ratings with price targets up to $4,200.

What we know and still don't know about a private plane's crash into a San Diego neighborhood

Authorities were investigating why a private plane crashed early Thursday in San Diego, killing two people, damaging homes and igniting cars in the U.S. military's largest housing neighborhood.

How $2.80 Unlocks Luxury Real Estate - Ad

Luxury home prices are growing twice as fast as the broader market. Pacaso's luxury portfolio maximizes demand with a streamlined co-ownership platform. They've made $110M+ in gross profits already and recently reserved the Nasdaq ticker PCSO.

The iconic designs of Jony Ive

NEW YORK (AP) — Jony Ive is renowned for crafting a meticulous product design aesthetic that shaped the tech cultural zeitgeist during a 27-year career at Apple.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

OpenAI Wants Its Fraud And Media Manipulation Countersuit Against Elon Musk Kept Alive, Labels His $97.4 Billion Bid A Stunt

OpenAI is pushing to keep its countersuit against Elon Musk alive, accusing him of fraud and calling his $97.4 billion takeover bid a media stunt amid an escalating legal feud over the company's shift to a for-profit model.

Equatorial Guinea prevails in dispute with neighboring Gabon over oil-rich islands

THE HAGUE, Netherlands (AP) — Judges at the top U.N. court sided with the in a fight with neighboring over which treaty settled the ownership of three largely uninhabited oil-rich islands.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire

The Chinese carmaker BYD outsold Tesla in Europe's BEV segment for the first time in April. But markets see Tesla's long-term potential and ETFs still hold it as a top holding.

Benzinga Bulls And Bears: Alphabet, L3Harris, Target — And Latest Tariff News Roils Markets

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Elon Musk Praises Google DeepMind's Veo 3 AI Video Model, Says 'It Is Awesome'

Google DeepMind's Veo 3 is generating buzz for its ultra-realistic AI videos with synchronized audio, earning praise from Elon Musk.

Trump rejects claim he's 'chickening out' on tariffs just because he keeps changing rates

WASHINGTON (AP) — President Donald Trump wants the world to know he's no “chicken” just because he's repeatedly backed off .

The World Should Fear June 15... - Ad

The June 15 G7 Summit in Canada could deliver a shock. A map classified in 1946 - showing a "secret America" with expanded U.S. borders - may be enacted by 2025. If true, it would grant sweeping power to the federal government... and unlock major investment implications.

Uranium Mining Stocks Rally After Trump's Nuclear Revival Order Ignites Industry Optimism

Trump's order will boost US nuclear energy, with goals to restart reactors, expand capabilities, and build new ones. Cameco Corp. stocks surge.

Google Warns Quantum Computers Could Crack Bitcoin-Like Encryption 20 Times Faster Than Expected

New research by Google suggested that RSA encryption, a critical security feature used in securing Bitcoin (CRYPTO: BTC), may be more susceptible to quantum computing attacks than previously anticipated.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $125M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO. But no need to wait.

OpenAI recruits legendary iPhone designer Jony Ive to work on AI hardware in $6.5B deal

SAN FRANCISCO (AP) — OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT.

US Rating Downgrade Pushes Treasury Yields To 5%: What It Means For Stocks

Moody's U.S. credit downgrade drives 30-year Treasury yields to 5%. Here's how rising rates impact stocks, valuations and market sentiment.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Solar Stocks Are Moving Lower Monday: What's Powering The Sell-Off?

Shares of several solar stocks slid during Monday's trading session as the sector broadly declined amid renewed political risk to clean-energy incentives.

Trump holding Pennsylvania rally to promote deal for Japan-based Nippon to 'partner' with US Steel

HARRISBURG, Pa. (AP) — President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel, which he says will keep

TSA-Approved. Government-Tested. Market-Ignored. - Ad

Already deployed across the US and tested by US government agencies, US Military and NATO countries, this microcap trades under C$0.35.

Jamie Dimon Sounds Alarm On 'Enemy Within,' Shrugs Off China Concerns

Dimon, CEO of JPMorgan, expressed concerns about internal challenges facing the U.S., overshadowing tensions with China. He stressed the need to address mismanagement issues for 3% annual growth.

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 traderelite.club
Privacy Policy | Terms of Service