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Third Point Management holds $305,763,200 worth of Flutter Entertainment plc (NYSE:FLUT) shares, representing 4.01% of its portfolio. The stock is included in our list of Billionaire Dan Loeb’s 10 Stocks with Huge Upside Potential.

On October 6, 2025, an analyst at Citizens reaffirmed his “Market Outperform” rating on Flutter Entertainment plc (NYSE:FLUT), setting a $340 price target.

The analyst’s bullish stance reflects the company’s continued momentum in its U.S. sportsbook operations, having posted 15.6% revenue growth over the past twelve months. General consensus among analysts remains a “Strong Buy” for Flutter Entertainment plc (NYSE:FLUT), as its FanDuel platform continues to capture share in the expanding U.S. sports betting market. The analyst, after comparing NFL Week 5 odds across FanDuel, DraftKings, and Kalshi, concluded that Kalshi’s pricing remained less competitive after accounting for transaction fees. This reinforced FanDuel’s pricing efficiency and consumer advantage, the Citizens analyst noted.

Flutter Entertainment plc (NYSE:FLUT), a global online sports betting and gaming company, operates FanDuel, PokerStars, Paddy Power, and Betfair brands across the U.S., Europe, and Australia. It is included in Dan Loeb’s stock portfolio.

While we acknowledge the potential of FLUT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Cheap Clean Energy Stocks to Buy Right Now and 15 Best Robotics Stocks to Buy Under $20.

Disclosure: None.

The Memorandum of Understanding (MoU), signed by IUCN and the Government of Mongolia, will enhance cooperation between the Parties on biodiversity conservation, rangeland restoration, and sustainable land management. The agreement was signed during the IUCN World Conservation Congress (WCC) at the Mongolia Pavilion by IUCN Director General Dr. Grethel Aguilar and H.E. Batbaatar Bat, Minister of Environment and Climate Change of Mongolia.

This MoU provides a general and guiding framework for cooperation between the Parties, defining areas and forms of collaboration with the aim of strengthening Mongolia’s leadership in conservation and sustainable use of natural resources and enhancing IUCN’s contribution to Mongolia’s national and international environmental goals. It achieves this by establishing a foundation for cooperation on restoration opportunities mapping, capacity-building, multi-stakeholder dialogues, and joint advocacy for integrated approaches to land, biodiversity, and climate action.

The MoU comes as Mongolia prepares to assume the Presidency of UNCCD COP17 in 2026, where rangelands, drought resilience, and integrated land management will be at the top of the global agenda. The agreement with IUCN sets a framework for collaboration, while also promoting synergies with IUCN tools as well as biodiversity and climate commitments under the Rio Conventions.

UNCCD COP17 is set to take place in Ulaanbaatar, Mongolia, in late 2026. This major global convening will bring together UNCCD’s 197 Parties in a crucial global forum to accelerate action against desertification, land degradation and drought. As one of the most affected countries by desertification, with nearly 77 percent of its land degraded, Mongolia will leverage COP17 to drive solutions for land restoration, sustainable land management and resilience-building across the world.  

COP17, set during the International Year of Rangelands and Pastoralists (IYRP) — declared by the United Nations General Assembly and championed by Mongolia — will build on efforts to promote the sustainable management, restoration and conservation of rangelands.

Upon the signing of the MoU, Dr. Grethel Aguilar, the Director General of IUCN, said: “IUCN is proud to strengthen its partnership with Mongolia at this historic moment. Mongolia’s leadership on rangeland restoration, Nature-based Solutions, and sustainable dryland management is exemplary and provides inspiration for the global community. This agreement ensures that IUCN can bring its scientific expertise, policy experience, and broad membership to support Mongolia’s priorities during COP17 and beyond.” 

H.E. Batbaatar Bat, Minister of Environment and Climate Change of Mongolia, similarly reflected on the significance of the signing: “This MoU reflects Mongolia’s deep commitment to safeguarding our rangelands, strengthening community livelihoods, and promoting international cooperation on nature and climate. By working closely with IUCN, we can advance our flagship initiatives and ensure that COP17 delivers bold, practical solutions for the challenges of desertification, drought, and biodiversity loss.”

Mongolia joined IUCN as a State Member in 2015 and has since engaged in joint efforts on protected and conserved areas, ecosystem restoration, drylands management, and global environmental governance. This MoU represents further strengthening of the relationship between IUCN and Mongolia, as well as a deepened commitment by both Parties to advance conservation in East Asia for the benefit of both people and nature. 

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Jaguar Land Rover appears to have been targeted by hackers more than a year before the cyber attack in August that forced the carmaker to halt production, as investigators consider whether a state-backed actor or organised crime group was behind the hack.

Few details have emerged from the investigation, led by the National Crime Agency, into the attack that has devastated JLR’s supply chain and triggered a £1.5bn state-backed loan for the UK carmaker owned by India’s Tata Motors. The National Cyber Security Centre is also involved in the probe.

One person with direct knowledge of JLR’s investigation of the attack said it had not ruled out the involvement of organised crime or state-backed agents. 

One senior government figure added: “It’s considered reasonably likely that there could be a hostile state behind this, although we don’t yet know either way.”

According to an analysis by cyber security consultancy Deep Specter Research, the malicious activity targeting JLR appears to have started around the time the carmaker started replacing its digital and production systems with the help of various Tata Group technology units in late 2023.

The analysis found that large volumes of employee and customer information and other data were then leaked on to the dark web several times in 2024, with details suggesting the data originated from JLR’s systems.

According to Deep Specter, large data leaks were also spotted in 2024 at Tata Consultancy Services, which JLR uses for cyber security services. TCS declined to comment.

The August hack was “definitely not a spontaneous attack”, said Shaya Feedman, Deep Specter co-founder and former head of information security at Porsche’s digital unit.

“We believe [it was] state orchestrated,” he added, pointing to the length of the campaign, the financial resources committed and the level of infiltration, which shut down JLR’s production for a month. JLR only restarted production for the Range Rover and Range Rover Sport at its Solihull plant last week.

However, other cyber security experts say it is unclear if any previous leaks were linked to the August attack. 

JLR said it was investigating the attack but declined to comment further. “Our focus is on the safe recovery and restoration across our global operations,” it said. 

Shortly after the attack, a hacker calling himself “Rey” claimed he had broken into JLR’s systems. Cyber experts said they believe “Rey” was the same individual, previously linked to the hacker group Hellcat, who claimed to have hacked JLR in March and stolen confidential data.

Deep Specter said state-sponsored groups often try to hide their tracks by sharing access codes with others. Other cyber experts said hacker groups sometimes worked with or were backed by bigger criminal organisations.

A spate of recent cyber attacks on UK companies, including retailers Marks and Spencer, the Co-op and Harrods, has prompted chancellor Rachel Reeves to warn of the involvement of hostile states.

“A number of these attacks originate in Russia by Russian-backed entities,” she recently told ITV News.

The spate of hacks has also led to scrutiny of Tata Consultancy Services, which has provided services to recent victims including M&S, Co-op, Stellantis and Renault.

TCS has cleared itself in an internal probe and denied it was used as a gateway for criminals in the M&S attack.

Some cyber experts have suggested that TCS’s extensive market share in cyber security could explain its links to several of the companies that have been targeted.

Ciaran Martin, former chief executive of the NCSC, said the JLR hack in August was unusual because so few details of who did it and how have emerged so far.

“This attack would have been well planned and researched to work out what damage they could do and how they could inflict maximum pain on JLR,” said Martin, now a professor at Oxford university’s Blavatnik School of Government.

Feedman said the JLR hack could expose supply chain and other vulnerabilities across the sector, as Stellantis and Renault have also recently fallen victim to data theft.

At the time of the attack, JLR did not have cyber security insurance although it was in talks to buy a policy.

The company had warned in its 2024 annual report that: “Failure of critical infrastructure or applications could cause an outage across the JLR enterprise, hindering our ability to conduct essential business transactions or activities.”

Jamie MacColl, senior research fellow and cyber security expert at the Royal United Services Institute, said any organisation of JLR’s size would have cyber vulnerabilities, especially in manufacturing. “The question is how resilient they are when your system is actually compromised by a bad actor,” he added.

Additional reporting by Chris Kay in Mumbai

– Digital Dubai Leads Distinguished Government Participation at GITEX Global 2025 with a Vision for the City of the Future
 
GITEX Global reaffirms our commitment to realizing our leadership’s vision of creating “City-as-a-Service” — an integrated, people-centered ecosystem of proactive and predictive digital services, built on collaboration and innovation.

Dubai, October 12, 2025 – The world’s largest technology event, GITEX Global 2025, opens tomorrow at the Dubai World Trade Centre, marking its largest edition to date. The event brings together over 6,000 exhibitors from 170 countries and more than 1,400 global speakers, including top leaders and decision-makers in technology and digital innovation. Running from October 13 to 17, the exhibition will feature a diverse range of activities that reinforce its status as the world’s premier technology event and a key platform shaping the future of the global digital economy.

The Government of Dubai will participate with an integrated pavilion organized by Digital Dubai, bringing together over 50 government and private sector entities and strategic partners driving the city’s digital transformation. Within the Dubai Pavilion, Digital Dubai will highlight a portfolio of transformative initiatives and projects powered by advanced technologies and artificial intelligence, reaffirming Dubai’s position as a global digital capital and a model for future-ready cities.

The pavilion’s Platinum Partners include e&, du, Emaratech, and Emirates Auction, while the Strategic Justice Partner is The Judicial Council which comprises of Dubai Courts, Dubai Public Prosecution, Judicial Inspection Authority, Rental Disputes Center, DIFC Courts, and the Dubai Judicial Institute. The Gold Partners include Dubai Finance, Mohammed Bin Rashid Housing Establishment, Dubai Airports, Moro Hub, UXE, and Emcode, and the Silver Partners are Dell and Network International.

This year, the Dubai Government Pavilion will unveil a host of smart digital initiatives and services designed to leverage technology to enhance quality of life—delivering seamless, proactive, and human-centered digital experiences.

Commenting on the occasion, H.E. Hamad Obaid Al Mansoori, Director General of Digital Dubai, stated: “GITEX Global is a highly anticipated annual event that brings together decision-makers and experts from around the world to shape the future of technology. Amid a rapidly changing global landscape, GITEX Global serves as a forward-looking platform for discussion, collaboration, and knowledge exchange that benefits all. The event reflects Dubai’s leadership and its pioneering role in digital transformation, dedicated to enhancing human wellbeing and advancing the digital economy toward new horizons.”

Al Mansoori added: “At Digital Dubai—and across the Government of Dubai—we look at GITEX Global as an opportunity to reaffirm our commitment to realizing our leadership’s vision through the concept of of creating “City-as-a-Service”— an integrated ecosystem of proactive, predictive, and people-centered services, driven by collaboration across all sectors and a community that thrives in a digitally empowered world.”

This year’s exhibition will spotlight the latest advancements in Artificial Intelligence, Cybersecurity, Cloud Computing, Smart Cities, and Next-Generation Technologies, alongside a dedicated space for startup innovation, a key driver of the economy of the future.
With record-breaking participation, GITEX Global 2025 reaffirms Dubai’s global leadership as a hub for innovation and technology, bringing together the minds, ideas, and projects shaping the digital future.

Funding has been secured to start building new social housing in Plymouth.

Plymouth Community Homes (PCH) said the city council had been given £5m from the government which, combined with £14.2m of loans and subsidies it had raised, would enable the work on the £33.5m scheme in Millbay to begin.

PCH said the first phase would start in February or March in which 80 homes for social rent would be built on land off Bath Street. Planning permission for up to 135 affordable homes has been granted.

Andrew Lawrie, PCH head of development, said finalising the funding had been “a tremendous outcome” as it would enable the group to deliver “a large number of much-needed new homes”.

He said the scheme would create “a brand new community” for people on the waiting list for a social home, together with communal gardens, children’s play area and business units.

The new homes will be a mix of one and two-bedroom apartments and three-bedroom houses and will be available to households on the Devon Home Choice waiting list, he added.

Completion of the first 80 homes has been estimated to take place by early 2029.

Plymouth City Council said ground investigation works would be taking place on the site before construction works could start and the Martin Street car park would be closed from Friday 31 October.