When Alabama Wins, This Nasdaq Brand Wins Too

With equity in the brand and athletes pushing viral drops, the University of Alabama is betting on more than just football wins. This company built the tech-and got the team on board.

What to know about the streetcar derailment in Lisbon

The Associated Press
September 04, 2025

The derailment of a popular streetcar in Portugal's capital killed 17 people and injured 21 others, emergency services said, in what officials are calling one of Lisbon's worst tragedies in recent memory.

Here's what to know:

Investigation underway

Official details about the crash were still scant Thursday morning. Authorities called the derailment on Wednesday an accident, and the government said that an investigation was underway.

Witnesses told local media that the streetcar appeared out of control as it careened down a hill at around 6 p.m. during the evening rush hour. One witness said that the streetcar toppled onto a man on a sidewalk.

The sides and top of the yellow-and-white streetcar, known as Elevador da Gloria, were crumpled and it appeared to have crashed into a building where the road bends.

Carris, the company that operates the streetcar, said that scheduled maintenance had been carried out.

Officials declined to speculate on whether a faulty brake or a snapped cable may have caused the derailment.

Death toll rises

Seventeen people were killed, Margarida Castro Martins, head of Lisbon's Civil Protection Agency, told reporters on Thursday. The death toll, revised upward from Wednesday night, included two of the people who were receiving hospital care.

Another 21 people were injured in the crash, an official said. They included Portuguese nationals as well as two Germans, two Spaniards and one person each from France, Italy, Switzerland, Canada, Morocco, South Korea and Cape Verde.

President Marcelo Rebelo de Sousa offered his condolences to affected families, and Lisbon Mayor Carlos Moedas said that the city was in mourning.

"It's a tragedy of the like we've never seen," Moedas said.

National grieving

Portugal was observing a day of national mourning on Thursday.

"A tragic accident ... caused the irreparable loss of human life, which left in mourning their families and dismayed the whole country," the government said in a statement.

European Commission President Ursula von der Leyen also sent her condolences.

"It is with sadness that I learned of the derailment of the famous Elevador da Gloria," she wrote in Portuguese on X.

140 years of service

The streetcar, technically called a funicular, is harnessed by steel cables and can carry more than 40 people, seated and standing. The service, up and down a hill on a curved, traffic-free road, was inaugurated in 1885.

It's classified as a national monument, and it attracts many of the millions of tourists who visit Lisbon each year. People typically wait in long lines for the brief ride.

Continue Reading...

Popular

How To Earn $500 A Month From Walmart Stock Ahead Of Q2 Earnings

Walmart offers a quarterly dividend amount of 23 cents per share. To earn $500 monthly, start with the yearly target of $6,000.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

AeroVironment Set For Growth As Drones Take Center Stage In Defense

Needham analyst initiates AeroVironment at Buy with a $300 target, citing drone market growth, BlueHalo deal and rising defense share.

Rural Colorado mourns 6 who died from suspected gas exposure at dairy farm

Six workers who died in what authorities suspect was include a 50-year-old father and two sons, an incident that left rural Colorado communities in mourning.

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Trump administration is investing in US rare earths in a push to break China's grip

OMAHA, Neb. (AP) — U.S. production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up in the United States to work to break on the global supply chain.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

Trump Says Discrimination Against American Tech Giants 'Must End' Now: Warns China And EU, 'Show Respect…Or Consider The Consequences'

The Trump administration is considering unprecedented visa sanctions on EU officials over the Digital Services Act, escalating U.S.-EU tensions with accusations that the law unfairly targets American tech companies and restricts free speech.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

Palantir CEO Alex Karp Dumps $63 Million In Stock As PLTR Surges 111% This Year

Palantir CEO Alex Karp sold $62.7 million in stock amid rising valuation concerns and insider selling pressure, even as the stock remains up 397% year-over-year.

October 16 Changes the Microchip Game - and Investing - Ad

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

Cracker Barrel relents, says its old logo will return

Cracker Barrel said late Tuesday it's returning to its old logo after critics — including President Donald Trump — protested the company's plan to modernize.

NJ governor seeks restrictions on nonessential helicopter flights after deadly NYC chopper crash

TRENTON, N.J. (AP) — New Jersey's governor is asking federal officials to impose restrictions on nonessential helicopter flights in his state after a New York City sightseeing helicopter broke apart in midair in April, .

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Mark Cuban's Simple Career Tip For The AI Era: 'Be Nice. Smile'

Billionaire Mark Cuban encourages young professionals to have a positive attitude and smile as AI changes employment.

How to Hack a $1.3 Trillion Industry - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Led by former Zillow execs, their tech hacks a $1.3T market by letting buyers co-own homes worldwide. They've already earned $110M in gross profits and reserved the Nasdaq ticker PCSO.

Nestlé dismisses CEO due to an inappropriate relationship with a subordinate

Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe due to an inappropriate relationship with a subordinate.

Bill Ackman Has 70% Of His Portfolio Invested In These 5 Stocks: Here's What Q2 13F Filings Show

Discover how Bill Ackman invested ~70% of his $13.7M portfolio in 5 stocks like UBER & AMZN per Q2 2025 13F filings. Explore top holdings now!

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Ambarella Stock Is Trading Higher Friday: What's Going On?

Ambarella stock is trading higher Friday after the company reported better-than-expected second quarter earnings per share and sales and guided third quarter sales above estimates on Thursday after the market closed.

Built for Gen Z. Backed by a Football Dynasty. - Ad

This brand's not Nike-and that's the point. It's fast, tech-driven, and built for viral drops. Now, it has equity backing from one of college sports' most iconic names.

Why Quantum Computing (QUBT) Stock Is Getting Crushed Today

Shares of Quantum Computing are caught in a broader market selloff Tuesday. Rising U.S. Treasury yields spook investors away from growth sectors.

When Alabama Wins, This Nasdaq Brand Wins Too - Ad

With equity in the brand and athletes pushing viral drops, the University of Alabama is betting on more than just football wins. This company built the tech-and got the team on board.

Democrats ask Trump to resume a major offshore wind project near Rhode Island

A nearly complete wind farm off the coast of Rhode Island and Connecticut faces an uncertain future as the states' Democratic governors, members of Congress and union workers are calling Monday for the Trump administration to let construction resume.

Trump's Attempt To Fire Lisa Cook Lacks Factual Or Legal Basis, Says Fed Governor's Lawyer: 'We Will Be Filing A Lawsuit…'

Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

Bitcoin Could Plunge 40% Before Hitting $500K, Warns Anthony Scaramucci

Anthony Scaramucci, the founder of SkyBridge Capital, has forecasted a potential 40% drop in Bitcoin's value before it hits the $500,000 milestone.

Alibaba Sees Historic Opportunities As CEO Points To AI And Quick Commerce Wins

Alibaba Group Holding's Q1 revenue beats expectations, driven by growth in China e-commerce and international operations. Cloud revenue up 26%.

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Federal government sues California utility, alleging equipment sparked deadly wildfires

LOS ANGELES (AP) — The federal government filed two lawsuits Thursday against Southern California Edison, alleging the utility's equipment sparked fires including January's Eaton Fire in the Los Angeles area, which destroyed more than 9,400 structures and killed 17 people.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

Bitcoin 65% Crash Risk Returns As Fed Liquidity Evaporates: Not Just 'Paper Hands'

GLJ Research analyst Gordon Johnson issued a warning about Bitcoin (CRYPTO: BTC) facing a potential 65% crash as Federal Reserve cash reserves reach critically low levels.

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 systemtrading.ca
Privacy Policy | Terms of Service