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Inzaghi: ‘Inter did not do enough in Leverkusen, not our best game’NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.
Romania far-right candidate urges voters to turn up for scrapped electionSimone Inzaghi admits Inter ‘could’ve been a bit more daring’ and ‘didn’t do enough’ in their . ‘This is the Champions League, all it takes is a moment.’ The Nerazzurri had not conceded a single goal in their five Champions League games so far this season and looked on track to make it a sixth straight clean sheet in Leverkusen. However, in the final minute they were beaten by a chaotic Nordi Mukiele finish when a corner was not cleared effectively, falling to their first defeat. “Clearly, it was not one of our best games, that is obvious,” “We were up against quality opposition, they hit the crossbar in the first 15 minutes and then took control of the game. Perhaps they controlled it too much and we could’ve been a bit more daring.” Inzaghi has been praised for his squad rotation so far this term, but did leaving players like Lautaro Martinez, Federico Dimarco, Nicolò Barella and Henrikh Mkhitaryan on the bench signify a lack of ambition at the BayArena? “We lacked quality in the final third, which is usually one of our strong points. It’s disappointing to lose it like that, as we lose our unbeaten record, but it does not damage what we’ve done in the last four months. “We’ll probably still be in the top eight after tomorrow’s results, then our destiny is in our hands with the remaining two matches. The real regret is that we conceded it in that manner. “I agree that we didn’t do enough, even though we also didn’t run many risks in defence. When we started moving the ball around in the first half, we had the feeling they were struggling with us in possession. We didn’t show the usual quality this evening,” confessed Inzaghi. There had been chaotic scenes in all the Bayer Leverkusen corners, with the six-yard box crowded and some players even inside the goal as the set plays were taken. “Darmian saw the clearance at the last second, Mukiele attempted an overhead kick, it went back to him. Clearly, we should’ve shown more focus at that moment and there had been no warning signs,” confessed Inzaghi. “This is the Champions League, all it takes is a moment and you are punished.” The result leaves Inter in joint second place on 13 points along with Bayer Leverkusen, Aston Villa and surprise outfit Stade Brest awaiting tomorrow’s games. Liverpool have already qualified for the Round of 16, winning all six matches with 13 goals scored and only one conceded. “With a positive result, we would’ve kept Bayer Leverkusen behind us, but they proved tonight that they deserve to be in the top teams. Now we need to see what happens, but we’ll think about it from January, as before then we’ve got Serie A, the Coppa Italia and the Supercoppa Italiana. “The players know it wasn’t their best performance, but we have respect for our opponents.”
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Digi International director Khanuja sells $222,329 in stockMETAIRIE, La. (AP) — Dejounte Murray plans to return to the New Orleans Pelicans ' lineup on Wednesday night for the first time since fracturing his left hand in a season-opening victory over Chicago on Oct. 23. And when Murray takes the court against the Toronto Raptors , his mother will be on his mind. After practice on Tuesday, Murray discussed his impending return and disclosed more details about the previously unspecified “personal matters” that caused him to leave the team during the final days of the preseason. His mother had a stroke, he said. “It was tough to leave and go deal with that. As she got better, she wanted me to come play,” Murray said of his last-minute decision to start against Chicago. He added that his hand injury near the end of that game was God's way of telling him, “‘Nah, you need to stay with your mom.’” “I was more concerned about my mother. That was my priority,” Murray continued. “I wasn’t really worried about my recovery.” Murray's mother has recovered well, he said, while he is “healthy and ready to help this team.” “I’m ready to hoop. Play for my mother — she’s going to be watching," Murray said. “I’m ready to compete, bring that winning spirit.” The Pelicans (4-14) certainly could use the help, having lost 14 of 16 games since opening the season with a pair of victories. Injuries have ravaged the roster. At times, all five starters have been out. Star power forward Zion Williamson has missed 12 games this season — one with an illness and 11 with a hamstring injury. Herb Jones has been sidelined by a shoulder strain and Brandon Ingram's status is in doubt after he sat out practice on Tuesday with calf soreness that also sidelined him during a loss on Monday night at Indiana. But at least two starters — Murray and fellow guard CJ McCollum — are expected to play against the Raptors. “I don’t care how many games we’ve lost. I just know every time I step on the floor I feel like we can win games,” said Murray, who had 14 points, 10 assists and eight rebounds in his lone game with the Pelicans. "That’s just my mentality, and I feel like it can carry over to a lot of guys.” AP NBA: https://apnews.com/hub/NBA
Seattle (7-5) at Arizona (6-6) Sunday, 4:05 p.m. EST, CBS BetMGM NFL Odds: Cardinals by 2 1/2. Series record: Seahawks lead 28-22-1. Against the spread: Seahawks 5-6-1, Cardinals 8-4. Last meeting: Seahawks beat Cardinals 16-6 on Nov. 24, 2024, in Seattle. Last week: Seahawks beat Chargers, 26-21; Cardinals lost to Vikings, 23-22. Seahawks offense: overall (16), rush (28), pass (2), scoring (15). Seahawks defense: overall (18), rush (21), pass (12), scoring (12). Cardinals offense: overall (11), rush (6), pass (22), scoring (17). Cardinals defense: overall (17), rush (13), pass (18), scoring (11). Turnover differential: Seahawks minus-6, Cardinals minus-1. Seahawks player to watch DT Leonard Williams has been one of the most dominant players in the league over the past two weeks. Williams had 2 1/2 sacks, four tackles for loss and three quarterback hits two weeks ago against the Cardinals. Williams sacked Aaron Rodgers twice and scored his first career touchdown on a 92-yard pick-6. Cardinals player to watch QB Kyler Murray has had some good moments over the past two games and completed 31 of 45 passes for 260 yards and a touchdown against the Vikings. But he also threw two interceptions in the fourth quarter which proved costly. Key matchup QB Geno Smith vs. Arizona’s defense. Smith has had another solid season and now he’ll face an Arizona defense that’s been vastly improved over the past 1 1/2 months. The Cardinals have been much more productive in the pass rush with 23 sacks over the past six games. That ranks third in the NFL over that span. Key injuries Coach Mike Macdonald said he is optimistic that P Michael Dickson (back spasms) will be able to play this weekend, but bringing in another punter this week is “on the table.”.. LB Uchenna Nwosu has a chance to play this week. Nwosu missed the first four games of the season with a knee injury, then injured his thigh in his first game back in Week 5, and has been on injured reserve since. ... The Cardinals are relatively healthy. DLs Darius Robinson (calf) and Dante Stills (back) have been limited in practice this week. Series notes The Seahawks have won six straight games in the series going back to 2022. The Cardinals last won 23-13 on Nov. 21, 2021. The Cardinals haven’t won at home against the Seahawks since 2020. Stats and stuff The Seahawks’ next win will be the 400th in franchise history. ... Since Week 9, Seattle’s defense ranks fifth in the NFL with 17.5 points allowed per game, 299 yards allowed per game, and 84.3 rushing yards allowed per game, while ranking sixth in the league with 18.8 first downs allowed. ... The Seahawks have two pick-6s in the past two games, the first time the team has done so since 2012. ... The Seahawks have held three straight opponents to under 300 yards, and fewer than 100 rushing yards. ... Seattle has outscored its opponents by 37 points in the final two minutes of halves this season, the best in the NFL. .. WR DK Metcalf needs one receiving TD to pass Steve Largent for the most in a player’s first six seasons in franchise history with 47. ... Smith needs one 300-yard game to tie Russell Wilson for the most 300-yard games in a single season in franchise history with five. ... WR Jaxon Smith-Njigba Needs 171 yards for his first 1,000-yard season, and to become the 10th player in franchise history to reach that mark. ... Arizona has won three straight games at home. The Cardinals outscored those opponents 77-30 while scoring nine touchdowns and allowing none. ... TE Trey McBride has caught 12 passes in two straight games, which is the first time a tight end has had at least 12 receptions in two straight games in NFL history. ... Arizona’s six losses have come to teams with a combined 55-18 record this season entering Week 14. ... S Budda Baker has 114 tackles this season, which ranks sixth in the league. ... McBride’s caught 73 passes this season. He needs just nine more catches over the next five games to break his franchise record for a tight end. ... WR Marvin Harrison Jr. has caught seven TD passes this season, which leads all NFL rookies. ... The Cardinals have been flagged for 61 penalties this season, which is the fewest in the NFL. But the team was flagged 10 times in last week’s loss to the Vikings. Fantasy tip Arizona’s defense is a strong play at home. The Cardinals are giving up just 17 points per game at State Farm Stadium, which is second in the league behind Pittsburgh. ___ AP NFL:BMW praises Tesla's Full Self-Driving technology on social media
Eric Bieniemy out as UCLA's offensive coordinator. AP source says Tino Sunseri tabbed as replacementMIAMI , Dec. 5, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the fourth quarter ended November 30, 2024 after the market closes on December 18, 2024 . Additionally, the Company will hold a conference call on December 19, 2024 at 11:00 a.m. Eastern Time . The call will be broadcast live on the Internet and can be accessed through Lennar's website at investors.lennar.com . If you are unable to participate during the live webcast, the call will be archived at investors.lennar.com for 90 days. Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States . Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com . Contact: Ian Frazer Investor Relations Lennar Corporation (305) 485-4129 View original content: https://www.prnewswire.com/news-releases/lennar-corporations-fourth-quarter-earnings-conference-call-to-be-broadcast-live-on-the-internet-302324202.html SOURCE Lennar Corporation
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