Dan Fabian, radio executive whose ideas made WGN a power, dies at 81None
The Associated Press NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing . But it wasn’t just Apple, Nvidia and the like. Bitcoin , gold and other investments also drove higher. Here’s a look at some of the numbers that defined the year. All are as of Dec. 20. Remember when President Bill Clinton got impeached or when baseball’s Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap of at least 20%, something the S&P 500 is on track to do again this year. The index has climbed 24.3% so far this year, not including dividends, following last year’s spurt of 24.2%. The number of all-time highs the S&P 500 has set so far this year. The first came early, on Jan. 19, when the index capped a two-year comeback from the swoon caused by high inflation and worries that high interest rates instituted by the Federal Reserve to combat it would create a recession. But the index was methodical through the rest of the year, setting a record in every month outside of April and August, according to S&P Dow Jones Indices. The latest came on Dec. 6. The number of times the Federal Reserve has cut its main interest rate this year from a two-decade high, offering some relief to the economy. Expectations for those cuts, along with hopes for more in 2025, were a big reason the U.S. stock market has been so successful this year. The 1 percentage point of cuts, though, is still short of the 1.5 percentage points that many traders were forecasting for 2024 at the start of the year. The Fed disappointed investors in December when it said it may cut rates just two more times in 2025, fewer than it had earlier expected. That’s how many points the Dow Jones Industrial Average rose by the day after Election Day, as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world . The more widely followed S&P 500 soared 2.5% for its best day in nearly two years. Aside from bitcoin, stocks of banks and smaller winners were also perceived to be big winners. The bump has since diminished amid worries that Trump’s policies could also send inflation higher. Related Articles Holiday shoppers increased spending by 3.8% despite higher prices Heavy travel day starts with brief grounding of all American Airlines flights Are religious people more generous than non-religious people? What new study finds Amazon and Starbucks workers are on strike. Trump might have something to do with it JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud The level that bitcoin topped to set a record above $108,000 this past month. It’s been climbing as interest rates come down, and it got a particularly big boost following Trump’s election. He’s turned around and become a fan of crypto, and he’s named a former regulator who’s seen as friendly to digital currencies as the next chair of the Securities and Exchange Commission, replacing someone who critics said was overly aggressive in his oversight. Bitcoin was below $17,000 just two years ago following the collapse of crypto exchange FTX. Gold’s rise for the year, as it also hit records and had as strong a run as U.S. stocks. Wars around the world have helped drive demand for investments seen as safe, such as gold. It’s also benefited from the Fed’s cut to interest rates. When bonds are paying less in interest, they pull away fewer potential buyers from gold, which pays investors nothing. It’s a favorite number of Elon Musk, and it’s also a threshold that Tesla’s stock price passed in December as it set a record. The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at $420 per share . Tesla soared this year, up from less than $250 at the start, in part because of expectations that Musk’s close relationship with Trump could benefit the company. That’s how much revenue Nvidia made in the nine months through Oct. 27, showing how the artificial-intelligence frenzy is creating mountains of cash. Nvidia’s chips are driving much of the move into AI, and its revenue through the last nine months catapulted from less than $39 billion the year before. Such growth has boosted Nvidia’s worth to more than $3 trillion in total. GameStop’s gain on May 13 after Keith Gill, better known as “Roaring Kitty,” appeared online for the first time in three years to support the video game retailer’s stock, which he helped rocket to unimaginable heights during the “ meme stock craze ” in 2021. Several other meme stocks also jumped following his post in May on the social platform X, including AMC Entertainment. Gill later disclosed a sizeable stake in the online pet products retailer Chewy, but he sold all of his holdings by late October . That’s how much the U.S. economy grew, at annualized seasonally adjusted rates, in each of the three first quarters of this year. Such growth blew past what many pessimists were expecting when inflation was topping 9% in the summer of 2022. The fear was that the medicine prescribed by the Fed to beat high inflation — high interest rates — would create a recession. Households at the lower end of the income spectrum in particular are feeling pain now, as they contend with still-high prices. But the overall economy has remained remarkably resilient. This is the vacancy rate for U.S. office buildings — an all-time high — through the first three quarters of 2024, according to data from Moody’s. The fact the rate held steady for most of the year was something of a win for office building owners, given that it had marched up steadily from 16.8% in the fourth quarter of 2019. Demand for office space weakened as the pandemic led to the popularization of remote work. That’s the total number of previously occupied homes sold nationally through the first 11 months of 2024. Sales would have to surge 20% year-over-year in December for 2024’s home sales to match the 4.09 million existing homes sold in 2023, a nearly 30-year low. The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. A shortage of homes for sale and elevated mortgage rates have discouraged many would-be homebuyers.
Shop smart! Here are all the best products Yahoo editors tested in 2024None
ALTOONA, Pa. (AP) — The man accused of killing UnitedHealthcare's CEO struggled with deputies and shouted while being led into court Tuesday as new details emerged about his possible motivation behind the ambush. In his first public words since a five-day search ended with his arrest at a McDonald's in Pennsylvania, Luigi Nicholas Mangione emerged from a patrol car shouting about an "insult to the intelligence of the American people" while deputies pushed him inside a courthouse. The 26-year-old Ivy League graduate from a prominent Maryland real estate family is fighting attempts to extradite him to New York so that he can face a murder charge in the Manhattan killing of Brian Thompson, who led the United States' largest medical insurance company. A law enforcement bulletin obtained by The Associated Press said that at the time of his arrest, Mangione was carrying a handwritten document expressing anger with what he called "parasitic" health insurance companies and a disdain for corporate greed and power. He wrote that the U.S. has the most expensive health care system in the world and that profits of major corporations continue to rise while "our life expectancy" does not, according to the bulletin. In social media posts, Mangione called "Unabomber" Ted Kaczynski — who carried out a series of bombings while railing against modern society and technology — a "political revolutionary," according to the police bulletin. Mangione remained jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors were beginning to take steps to bring Mangione to New York, but at a brief hearing Tuesday, defense lawyer Thomas Dickey said his client will not waive extradition and instead wants a hearing on the issue. Mangione was denied bail after prosecutors said he was too dangerous to be released. He mostly stared straight ahead at the hearing, occasionally looking at papers, rocking in his chair or looking back at the gallery. At one point, he began to speak to respond to the court discussion but was quieted by his lawyer. "You can't rush to judgment in this case or any case," Dickey said afterward. "He's presumed innocent. Let's not forget that." Mangione was arrested in Altoona, Pennsylvania, about 230 miles (about 370 kilometers) west of New York City, after a McDonald's customer recognized him and notified an employee, authorities said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald's while holding what appeared to be hash browns and wearing a winter jacket and beanie. In another photo from a holding cell, he stood unsmiling with rumpled hair. New York police officials have said Mangione was carrying a gun like the one used to kill Thompson and the same fake ID the shooter had used to check into a New York hostel, along with a passport and other fraudulent IDs. A law enforcement official who wasn't authorized to discuss the investigation publicly and spoke with The Associated Press on condition of anonymity said a three-page, handwritten document found with Mangione included a line in which he claimed to have acted alone. "To the Feds, I'll keep this short, because I do respect what you do for our country. To save you a lengthy investigation, I state plainly that I wasn't working with anyone," the document said, according to the official. It also said, "I do apologize for any strife or traumas but it had to be done. Frankly, these parasites simply had it coming." Thompson, 50, was killed last Wednesday as he walked alone to a Manhattan hotel for an investor conference. From surveillance video, New York investigators determined the shooter quickly fled the city, likely by bus. Mangione was born into a life of country clubs and privilege. His grandfather was a self-made real estate developer and philanthropist. Valedictorian at his elite Baltimore prep school, he went on to earn undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a spokesperson said. "Our family is shocked and devastated by Luigi's arrest," Mangione's family said in a statement posted on social media late Monday by his cousin, Maryland Del. Nino Mangione. "We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved." From January to June 2022, Luigi Mangione lived at Surfbreak, a "co-living" space at the edge of touristy Waikiki in Honolulu. Like other residents of the shared penthouse catering to remote workers, Mangione underwent a background check, said Josiah Ryan, a spokesperson for owner and founder R.J. Martin. "Luigi was just widely considered to be a great guy. There were no complaints," Ryan said. "There was no sign that might point to these alleged crimes they're saying he committed." At Surfbreak, Martin learned Mangione had severe back pain from childhood that interfered with many aspects of his life, from surfing to romance, Ryan said. Mangione left Surfbreak to get surgery on the mainland, Ryan said, then later returned to Honolulu and rented an apartment. Martin stopped hearing from Mangione six months to a year ago.
The ordered closure of TikTok’s Canadian operations over national security concerns will make it more difficult to force the company to cooperate with privacy investigations, Canada’s privacy commissioner said Tuesday. Philippe Dufresne testified to MPs on the House of Commons ethics committee who are scrutinizing the federal government’s order last month that TikTok Canada wind up its operations following a national security review. The government hasn’t shared the specific national security risks that led to the windup order, but has said it won’t prevent Canadians from using the app. The company filed documents in Federal Court in Vancouver last Thursday to challenge the government’s order. Dufresne — whose office and provincial counterparts are currently investigating whether TikTok unlawfully collected and shared younger users’ information — said privacy laws allow his office to seek a Canadian court order to force a company to provide evidence and testimony during an investigation. “Certainly in terms of compelling powers, if there’s a refusal to provide us with documentation, it’s easier if the organization is in Canada,” where that order can be enforced by Canadian authorities, he said. Dufresne said his office, which has no enforcement powers itself, can ask a foreign company to cooperate in an investigation if there is a provable “real and substantive connection to Canada,” such as Canadian users of an app or service. “Where the issue could come up is in terms of enforcing it,” he said. “If all the assets are in another country then it becomes an issue of private international law, where you seek to have another court, another country, enforce the decision of Canadian courts.” Dufresne told the committee the government’s windup order will not have an impact on his current investigation, which was launched last year alongside British Columbia, Alberta and Quebec. He said he expects a final report and recommendations to be released in the coming months. Canada, the U.S. and other countries have raised national security concerns about TikTok , whose corporate owner ByteDance is based in China and would be subject to Chinese laws compelling the sharing of private information held by Chinese companies if ordered by the government. The popular social media app is facing a potential ban in the U.S. in January unless ByteDance divests itself of TikTok. A U.S. appeals court last week upheld the legislation that would enforce that ban, but TikTok has asked the U.S. Supreme Court to intervene. U.S. prosecutors have redacted entire sections of court documents to protect what they say is top secret information while defending the law. Industry Minister Francois-Philippe Champagne, whose department conducted the national security review, has repeatedly declined to share the information raised by the national security review that led to the decision to order TikTok Canada’s closure, citing national security laws. Dufresne wouldn’t give an opinion on the government’s decision when pressed by several MPs, saying he hasn’t seen the information the government has, and wasn’t notified or involved in the national security review as his office is independent from the government. “I think transparency is important,” he told NDP MP Matthew Green, who asked if the government should be more forthcoming about its decision. “I think the more the public can understand about the decisions of the government, the decisions of my office, the better. There may be some limits in terms of confidentiality, but certainly this is important.” The federal and provincial privacy commissioners’ investigation into TikTok is focused on whether the company obtained valid and meaningful consent for the collection, use and disclosure of personal information. The commissioners said last February, when announcing the launch of their probe, that they are focused on younger users given their outsized use of the app compared to other age groups. Dufresne said Canadian privacy law should be strengthened to give his office enforcement powers after an investigation concludes that a company violated the law. He argued that would help rein in social media and other tech companies that seek to avoid punishment. “Technology is moving very quickly, websites are evolving very quickly, so we need to be able to have faster application of decisions,” he said. An example cited during the meeting was the lack of penalty against Meta, which owns Facebook, for a 2019 privacy investigation that found the company failed to obtain user consent for the sharing of information. Dufresne’s office in 2020 asked the Federal Court to enforce its findings , but the commissioner said no penalty has been issued to date. Meanwhile, Meta agreed Tuesday to settle a Quebec class action lawsuit over its data sharing practices for $9 million, while refusing to admit to wrongdoing.NEW YORK (AP) — A triptych of criminal charges paints a searing, sometimes disparate portrait of the man accused of ambushing and killing UnitedHealthcare’s CEO Brian Thompson as the executive arrived at a Manhattan hotel for his company’s annual investor conference. Read this article for free: Already have an account? To continue reading, please subscribe: * NEW YORK (AP) — A triptych of criminal charges paints a searing, sometimes disparate portrait of the man accused of ambushing and killing UnitedHealthcare’s CEO Brian Thompson as the executive arrived at a Manhattan hotel for his company’s annual investor conference. Read unlimited articles for free today: Already have an account? NEW YORK (AP) — A triptych of criminal charges paints a searing, sometimes disparate portrait of the man accused of ambushing and killing UnitedHealthcare’s CEO Brian Thompson as the executive arrived at a Manhattan hotel for his company’s annual investor conference. Filed separately in state courts in New York and Pennsylvania, and a federal court in Manhattan, and totaling 20 counts, the charges brand Luigi Mangione as both a terrorist and a stalker, accuse him of carrying a ghost gun and a fake ID, and enable prosecutors to seek life in state prison and the federal death penalty. On Monday, in the last of three court appearances in five days, the 26-year-old Mangione pleaded not guilty in New York state court to an indictment charging him with 11 counts in connection with the Dec. 4 killing, including murder as a crime of terrorism. Mangione’s state court arraignment followed back-to-back hearings last Thursday in Pennsylvania, where he was arrested Dec. 9, and in federal court in Manhattan, where a judge ordered him jailed without bail on murder, gun and stalking charges. Mangione’s lawyer, Karen Friedman Agnifilo, has argued that the terrorism allegations in the state case and stalking charges in the federal complaint appear to be at odds. Prosecutors are treating him “like a human ping-pong ball and “some sort of spectacle,” she said in court Monday. Here’s a look at the cases and the charges involved: New York: 11 counts including a terrorism offense Mangione’s state court indictment alleges he killed Thompson to “intimidate or coerce” a group of people and influence government policy “by intimidation or coercion.” It includes three counts of murder, alleging Mangione killed “in furtherance of terrorism,” as an act of terrorism and with intent, and carries a maximum sentence of life in prison. Manhattan District Attorney Alvin Bragg, whose office is prosecuting the case, said last week that the midtown Manhattan ambush “was a killing that was intended to evoke terror.” The indictment also charges Mangione with seven gun-related counts and one count related to a fake New Jersey driver’s license that prosecutors said he used to check into a Manhattan hostel when he arrived in the city 10 days before the killing. Prosecutors say they anticipate the state case will be the first to go to trial. After his arraignment Monday, Mangione was returned to a federal jail in Brooklyn while state and federal authorities sort out where he’ll be detained while the state case plays out. Federal: 4 counts including death-penalty eligible charge A day after Bragg announced Mangione’s state indictment, federal prosecutors upped the ante with a four-count criminal complaint that could bring the death penalty if he is convicted. The complaint charges two counts of stalking and one count each of murder through use of a firearm, and a firearms offense. Murder through use of a firearm carries the possibility of the death penalty, though prosecutors have not said if they will seek it. Mangione made an initial appearance on the charges before a federal magistrate judge last Thursday but was not required to enter a plea. The U.S. attorney’s office in Manhattan has until mid-January to secure an indictment from a federal grand jury. According to the federal complaint, Mangione had a spiral notebook in which he expressed hostility toward the health insurance industry and wealthy executives. UnitedHealthcare is the largest health insurer in the U.S., though the company said Mangione was never a client. Among the entries, the complaint said, was one from August that said “the target is insurance” because “it checks every box” and one from October that describes an intent to “wack” an insurance company CEO. Pennsylvania: 5 counts, including gun possession and false ID Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Mangione was arrested on Dec. 9 in Altoona, Pennsylvania, about 230 miles (about 370 kilometers) west of New York City, and initially charged there with possession of an unlicensed firearm, forgery and providing false identification to police. Blair County Peter Weeks said last week that he intends to keep the case active and plans to revisit it once Mangione’s murder charges are adjudicated. Mangione was arrested while eating breakfast at an Altoona McDonald’s after a customer noticed that he looked like the person in surveillance photos that police were circulating of Thompson’s killer. Officers found a gun that matched the one used in the shooting, a fake ID and writings that expressed hostility toward the health insurance industry, prosecutors said. Hours later, the Manhattan DA’s office filed paperwork for a warrant for Mangione’s arrest on a murder charge. Mangione, who was held without bail in Pennsylvania, headed off a protracted extradition fight by agreeing to be flown to New York last Thursday. Advertisement Advertisement
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Biobanks Market: Long-Term Value & Growth Seen Ahead | Merck, GenVault, Thermo Fisher Scientific 12-07-2024 12:42 AM CET | Advertising, Media Consulting, Marketing Research Press release from: HTF Market Intelligence Consulting Pvt. Ltd. Biobanks Market HTF MI recently introduced Global Biobanks Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Thermo Fisher Scientific, Qiagen, Merck, Brooks Life Sciences, Hamilton, BD Biosciences, Tecan, BioCision, Taylor-Wharton, Greiner Bio-One, Biolife Solutions, Biobank Norway, Biostorage Technologies, GenVault, Tissue Solutions. Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketreport.com/sample-report/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash According to HTF Market Intelligence, the Global Biobanks market is expected to grow from $95 Billion USD in 2024 to $170 Billion USD by 2032, with a CAGR of 6.5% from 2024 to 2032. The Biobanks market is segmented by Types (Population, Disease-Oriented, Stem Cell, Umbilical), Application (Genomics, Drug Discovery, Transplantation, Oncology) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA). Definition: Encompasses facilities and services for collecting, storing, and managing biological samples (e.g., blood, tissue, DNA) for research and therapeutic purposes. The market is driven by advancements in genomics, personalized medicine, and drug discovery. Dominating Region: • North America Fastest-Growing Region: • Asia-Pacific Have a query? Market an enquiry before purchase 👉 https://www.htfmarketreport.com/enquiry-before-buy/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash The titled segments and sub-section of the market are illuminated below: In-depth analysis of Biobanks market segments by Types: Population, Disease-Oriented, Stem Cell, Umbilical Detailed analysis of Tank Container Shipping market segments by Applications: Genomics, Drug Discovery, Transplantation, Oncology Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia). Buy Now Latest Edition of Biobanks Market Report 👉 https://www.htfmarketreport.com/buy-now?format=1&report=3289902?utm_source=Akash_OpenPR&utm_id=Akash Biobanks Market Research Objectives: - Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years. - To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks). - To analyze the with respect to individual future prospects, growth trends and their involvement to the total market. - To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market. - To deliberately profile the key players and systematically examine their growth strategies. FIVE FORCES & PESTLE ANALYSIS: In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. • Political (Political policy and stability as well as trade, fiscal, and taxation policies) • Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates) • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability) Get 10-25% Discount on Immediate purchase 👉 https://www.htfmarketreport.com/request-discount/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash Points Covered in Table of Content of Global Biobanks Market: Chapter 01 - Biobanks Executive Summary Chapter 02 - Market Overview Chapter 03 - Key Success Factors Chapter 04 - Global Biobanks Market - Pricing Analysis Chapter 05 - Global Biobanks Market Background or History Chapter 06 - Global Biobanks Market Segmentation (e.g. Type, Application) Chapter 07 - Key and Emerging Countries Analysis Worldwide Biobanks Market Chapter 08 - Global Biobanks Market Structure & worth Analysis Chapter 09 - Global Biobanks Market Competitive Analysis & Challenges Chapter 10 - Assumptions and Acronyms Chapter 11 - Biobanks Market Research Methodology Key questions answered • How Global Biobanks Market growth & size is changing in next few years? • Who are the Leading players and what are their futuristic plans in the Global Biobanks market? • What are the key concerns of the 5-forces analysis of the Global Biobanks market? • What are the strengths and weaknesses of the key vendors? • What are the different prospects and threats faced by the dealers in the Global Biobanks market? Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia. Nidhi Bhawsar (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 sales@htfmarketreport.com About Author: HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies. We offer services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making. This release was published on openPR.Burt, the huge Australian crocodile who had a cameo in ‘Crocodile Dundee,’ dies at 90
Burt, the huge Australian crocodile who had a cameo in ‘Crocodile Dundee,’ dies at 90
ANDOVER, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a two-year, $17 million development contract from a U.S. defense prime contractor for a program that leverages its Common Processing Architecture. For this follow-on program, Mercury will replace and upgrade the existing processing capabilities provided by another firm with the enhanced performance and security that its Common Processing Architecture delivers. With additional protection features including Mercury’s BuiltSECURETM technology , the system will be eligible for export to allied nations to support forward-deployed operations. The award follows a separate $49 million production agreement received in the first quarter that reflects the company’s progress in returning to full-rate production in its Common Processing Architecture product area. “These awards and others demonstrate the strong demand for secure, high-performance processing solutions at the edge, as well as our customers’ confidence in our ability to deliver these capabilities at the necessary speed and scale,” said Tom Smelker, Mercury’s Senior Vice President of Processing Technologies. Mercury Systems – Innovation that matters® Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has 23 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY) Forward-Looking Safe Harbor Statement This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company's focus on enhanced execution of the Company's strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company's products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made. INVESTOR CONTACT David Williams Mercury Investor Relations David.Williams@mrcy.com MEDIA CONTACT Turner Brinton Senior Director, Corporate Communications Turner.Brinton@mrcy.com