Holly Valance’s husband is to become Reform UK’s treasurer, after renouncing his Conservative Party membership over what he described as “too many broken promises.” Billionaire property tycoon Nick Candy accused the Tories of a “complete breach of trust with the wealth creators in our country” and said he would take up the fundraising role in the new year. Ms Valance is also a prominent Reform backer. The Australian-British actress and singer was pictured with her husband, Donald Trump and party leader Nigel Farage at the US president-elect’s Mar-a-Lago resort in 2022. Reform has been buoyed by a series of Tory defections, including former minister Andrea Jenkyns, and described Mr Candy’s appointment as its “latest coup” as it prepares for the local elections in May. Mr Candy said: “I have today resigned my membership of the Conservative Party after many years of active support and substantial donations to the party. “I am sorry to say there have been too many broken promises and a complete breach of trust with the wealth creators in our country. “Nigel Farage is a close personal friend of mine, and Reform UK represents the future of British politics. “I am pleased to announce that I will now become the treasurer for Reform UK and intend to raise enough funds for them to win the next general election. “I will take up the role in the new year.” Reform leader Nigel Farage MP said: “I warmly welcome this decision. We are the fastest-growing movement in British politics today and Nick’s efforts will help Reform UK transform our country.”No. 16 Cincinnati tests efficient offense vs. Alabama State
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Australian actors Guy Pearce, Nicole Kidman, Cate Blanchett and Naomi Watts have been nominated for Golden Globe awards. Kidman has been nominated for best performance by a female actor in a motion picture, drama, for Babygirl , in which she plays a chief executive who becomes entangled in an affair with young intern Samuel (Harris Dickinson). In the same category, Pamela Anderson has landed her first Golden Globe nomination for The Last Showgirl . Nicole Kidman and Harris Dickinson in Babygirl. Pearce is nominated for best supporting male actor in a film for The Brutalist, a historical drama about a Hungarian Jewish immigrant (Adrien Brody) who lands in Philadelphia in 1947. Blanchett is nominated for best performance by a female actor in a limited series for the psychological thriller Disclaimer . She is up against Naomi Watts for her role as American socialite Babe Paley in the critically acclaimed Feud: Capote vs. The Swans Jacques Audiard’s audacious musical Emilia Pérez , about a Mexican drug lord who undergoes gender-affirming surgery to become a woman, led the nominations announced overnight with 10 nods, over other contenders including musical smash Wicked , the papal thriller Conclave and the postwar epic The Brutalist . The young Donald Trump drama The Apprentice also landed nominations for its two central performances, by Sebastian Stan as Trump and Jeremy Strong as Roy Cohn. The president-elect has called The Apprentice a “politically disgusting hatchet job” made by “human scum”. Karla Sofía Gascón and Zoe Saldana in Emilia Pérez, which is nominated for 10 Golden Globes. Credit: Netflix The embattled Globes, which are no longer presented by the Hollywood Foreign Press Association, are still in comeback mode after years of scandal and organisational upheaval. In 2023, the association sold its assets to Eldridge Industries , owned by billionaire investor Todd Boehly, and Dick Clark Productions, part of Penske Media. The 334-member voting body is made up of entertainment journalists representing 85 countries. The 82nd Golden Globes will be hosted by comedian Nikki Glaser, who is nominated for best stand-up special in a field including Adam Sandler and Jamie Foxx. Loading Working in the Globes’ favour this year is an especially star-studded field of nominees, with Zendaya, Timothée Chalamet, Angelina Jolie, Daniel Craig, Denzel Washington, Ariana Grande, Cynthia Erivo, Glen Powell and Selena Gomez all up for awards. The Globes, which will be held on January 5 in Los Angeles, are the first major ceremony of awards season and a win can help build momentum for a movie or actor’s campaign for the Oscars held almost two months later. With AP More to come Save Log in , register or subscribe to save articles for later. Film awards Nicole Kidman Guy Pearce Cate Blanchett Naomi Watts Kate Lahey is Culture Digital Editor. Connect via email . Most Viewed in Culture Loading
NEW YORK (AP) — Shohei Ohtani won his third Most Valuable Player Award and first in the National League, and Aaron Judge earned his second American League honor on Thursday. Ohtani was a unanimous MVP for the third time, receiving all 30 first-place votes and 420 points in voting by the Baseball Writers’ Association of America. New York Mets shortstop Francisco Lindor was second with 263 points and Arizona second baseman Ketel Marte third with 229. Judge was a unanimous pick for the first time. Kansas City shortstop Bobby Witt Jr. got all 30 second-place votes for 270 points, and Yankees outfielder Juan Soto was third with 21 third-place votes and 229 points. Ohtani was unanimously voted the AL MVP in 2021 and 2023 as a two-way star for the Los Angeles Angels and finished second to Judge in 2022 voting . He didn’t pitch in 2024 following elbow surgery and signed a record $700 million, 10-year contract with the Los Angeles Dodgers last December. Ohtani joined Frank Robinson for Cincinnati in 1961 and Baltimore in 1966 as the only players to win the MVP award in both leagues. He was the first player to twice become an unanimous MVP. He had combined with Atlanta outfielder Ronald Acuña Jr. in 2023 for the first year both MVPs were unanimous. Ohtani hit .310, stole 59 bases and led the NL with 54 homers and 130 RBIs exclusively as a designated hitter, becoming the first player with 50 or more homers and 50 or more stolen bases in a season. He helped the Dodgers to the World Series title , playing the final three games with a torn labrum in his left shoulder . “The ultimate goal from the beginning was to win a World Series, which we are able to accomplish,” he said through a translator. “The next goal is for me to do it again and so right now I’m in the middle of rehab and working out and getting stronger.” When Ohtani returns to the mound, could he win MVP and the Cy Young Award in the same year? “That would obviously be great, but right now my focus is just to get to get back healthy, come back stronger, get back on the mound and show everybody what I can do,” Ohtani said. Ohtani became the first primary DH to win an MVP in a season that started with the revelation his longtime interpreter and friend, Ippei Mizuhara, had stolen nearly $17 million from the star to fund gambling. Ohtani is the 12th player with three or more MVPs, joining Barry Bonds (seven) and Jimmie Foxx, Joe DiMaggio, Stan Musial, Roy Campanella, Yogi Berra, Mickey Mantle, Mike Schmidt, Alex Rodriguez, Albert Pujols and Mike Trout (three each). Balloting was conducted before the postseason. Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Witt topped the big leagues with a .332 average, hitting 32 homers with 31 stolen bases and 109 RBIs. Soto batted .288 with 41 homers and 109 RBIs. When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. Judge had discussed the MVP award with Philadelphia’s Bryce Harper, the NL winner in 2015 and ’21. “I was telling him, `Man, I’m going to try to catch up to you with these MVPs here, man,’” Judge recalled. “He’d say, hopefully, he could stay a couple ahead of me, which I think he’ll do.” When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. He is the Yankees' 22nd MVP winner, four more than any other team. Judge was hitting .207 with six homers and 18 RBIs through April, then batted .352 with 52 homers and 126 RBIs in 127 games. “March and April were not my friend this year.” Judge said. “Just keep putting in the work and things are going to change. You can’t mope. You can’t feel sorry for yourself. Especially in New York, nobody’s going to feel sorry for you. So you just got to go out there and put up the numbers?” AP MLB: https://apnews.com/MLB
WASHINGTON (AP) — Donald Trump said he can’t guarantee that his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect, in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” A look at some of the issues covered: Trump hems on whether trade penalties could raise prices Trump has threatened broad trade penalties, but said he didn’t believe economists’ predictions that added costs on those imported goods for American companies would lead to higher domestic prices for consumers. He stopped short of a pledge that U.S. an households won’t be paying more as they shop. “I can’t guarantee anything. I can’t guarantee tomorrow,” Trump said, seeming to open the door to accepting the reality of how import levies typically work as goods reach the retail market. That’s a different approach from Trump’s typical speeches throughout the 2024 campaign, when he framed his election as a sure way to curb inflation. In the interview, Trump defended tariffs generally, saying that tariffs are “going to make us rich.” He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He also has threatened tariffs on China to help force that country to crack down on fentanyl production. “All I want to do is I want to have a level, fast, but fair playing field,” Trump said. Trump suggests retribution for his opponents while claiming no interest in vengeance He offered conflicting statements on how he would approach the justice system after winning election despite being convicted of 34 felonies in a New York state court and being indicted in other cases for his handling of national security secrets and efforts to overturn his 2020 loss to Democrat Joe Biden. “Honestly, they should go to jail,” Trump said of members of Congress who investigated the Capitol riot by his supporters who wanted him to remain in power. The president-elect underscored his contention that he can use the justice system against others, including special prosecutor Jack Smith, who led the case on Trump’s role in the siege on Jan. 6, 2021. Trump confirmed his plan to pardon supporters who were convicted for their roles in the riot, saying he would take that action on his first day in office. As for the idea of revenge driving potential prosecutions, Trump said: “I have the absolute right. I’m the chief law enforcement officer, you do know that. I’m the president. But I’m not interested in that.” At the same time, Trump singled out lawmakers on a special House committee who had investigated the insurrection, citing Rep. Bennie Thompson, D-Miss., and former Rep. Liz Cheney, R-Wyo. “Cheney was behind it ... so was Bennie Thompson and everybody on that committee,” Trump said. Asked specifically whether he would direct his administration to pursue cases, he said, “No,” and suggested he did not expect the FBI to quickly undertake investigations into his political enemies. But at another point, Trump said he would leave the matter up to Pam Bondi, his pick as attorney general. “I want her to do what she wants to do,” he said. Such threats, regardless of Trump’s inconsistencies, have been taken seriously enough by many top Democrats that Biden is considering issuing blanket, preemptive pardons to protect key members of his outgoing administration. Trump did seemingly back off his campaign rhetoric calling for Biden to be investigated, saying, “I’m not looking to go back into the past.” Swift action on immigration is coming Trump repeatedly mentioned his promises to seal the U.S.-Mexico border and deport millions of people who are in the U.S. illegally through a mass deportation program. “I think you have to do it,” he said. He suggested he would try to use executive action to end “birthright” citizenship under which people born in the U.S. are considered citizens — although such protections are spelled out in the Constitution. Asked specifically about the future for people who were brought into the country illegally as children and have been shielded from deportation in recent years, Trump said, “I want to work something out,” indicating he might seek a solution with Congress. But Trump also said he does not “want to be breaking up families” of mixed legal status, “so the only way you don’t break up the family is you keep them together and you have to send them all back.” Trump commits to NATO, with conditions, and waffles on Putin and Ukraine Long a critic of NATO members for not spending more on their own defense, Trump said he “absolutely” would remain in the alliance “if they pay their bills.” Pressed on whether he would withdraw if he were dissatisfied with allies’ commitments, Trump said he wants the U.S. treated “fairly” on trade and defense. He waffled on a NATO priority of containing Russia and President Vladimir Putin. Trump suggested Ukraine should prepare for less U.S. aid in its defense against Putin’s invasion. “Possibly. Yeah, probably. Sure,” Trump said of reducing Ukraine assistance from Washington. Separately, Trump has called for an immediate cease-fire . Asked about Putin, Trump said initially that he has not talked to the Russian leader since Election Day last month, but then hedged: “I haven’t spoken to him recently.” Trump said when pressed, adding that he did not want to “impede the negotiation.” Trump says Powell is safe at the Fed, but not Wray at the FBI The president-elect said he has no intention, at least for now, of asking Federal Reserve Chairman Jerome Powell to step down before Powell’s term ends in 2028. Trump said during the campaign that presidents should have more say in Fed policy , including interest rates. Trump did not offer any job assurances for FBI Director Christopher Wray, whose term is to end in 2027. Asked about Wray, Trump said: “Well, I mean, it would sort of seem pretty obvious” that if the Senate confirms Kash Patel as Trump’s pick for FBI chief, then “he’s going to be taking somebody’s place, right? Somebody is the man that you’re talking about.” Trump is absolute about Social Security, not so much on abortion and health insurance Trump promised that the government efficiency effort led by Elon Musk and Vivek Ramaswamy will not threaten Social Security. “We’re not touching Social Security, other than we make it more efficient,” he said. He added that “we’re not raising ages or any of that stuff.” He was not so specific about abortion or his long-promised overhaul of the Affordable Care Act. On abortion, Trump continued his inconsistencies and said he would “probably” not move to restrict access to the abortion pills that now account for a majority of pregnancy terminations, according to the Guttmacher Institute, which supports abortion rights. But pressed on whether he would commit to that position, Trump replied, “Well, I commit. I mean, are -- things do -- things change. I think they change.” Reprising a line from his Sept. 10 debate against Vice President Kamala Harris, Trump again said he had “concepts” of a plan to substitute for the 2010 Affordable Care Act, which he called “lousy health care.” He added a promise that any Trump version would maintain insurance protections for Americans with preexisting health conditions. He did not explain how such a design would be different from the status quo or how he could deliver on his desire for “better healthcare for less money.” Read more political news Sen.-elect Dave McCormick is the most popular person in the room at Pa. Society Worried about Trump’s tariffs, Americans pile up supplies, debt: poll Musk spent $277M to elect Trump, other Republicans as he campaigned aggressively in Pa.Laser Doppler Vibrometer Market Size, Latest Growth, Forecast By 2024 - 2032
PM, please don’t turn a blind eye to the surge of antisemitism and hate
Arizona Wildcats (7-4) vs. CSU Bakersfield Roadrunners (0-8) l 6 p.m. Tuesday I McKale Center I ESPN + l 1400-AM She said it Arizona coach Adia Barnes on the focus against CSU Bakersfield: “We're really focused on ourselves, that's the first thing. We're not overlooking anybody, but the thing that we are focused on, primarily this week, is not turning the ball over. We're working on offensive execution right now and basically the timing and spacing. That third quarter really worried me, how we performed last game and not understanding how to penetrate the gaps in the zone, the proper spacing for pick and roll on offense and timing – not adding other stuff but trying to get better at the stuff we have. Understanding where to throw the ball in this type of defense – like you have to contain pick and roll, versus an aggressive pick and roll. We worked against a switching defense so we understand where to put the ball, what to do and just kind of breaking those things down that gave us problems. ... I just had to break that down. “(We’re) continuing to work on our fundamentals, jump stopping and making good passes and how to make the pass, the ball should spin. We’re doing an hour a day on skill right now. They are going to press and have undersized players – like many of the schools we have been playing.” Arizona forward Isis Beh (33) comes in to congratulate guard Skylar Jones (4) after she picked up an and-one on the games first basket in the first quarter against Tarleton State, Tucson, Ariz., Nov. 7, 2024. On the sidelines Back at it: After sitting out two games in concussion protocol, Arizona forward Isis Beh is back for Tuesday’s game against CSU Bakersfield. Beh said she was hit twice and her symptoms included, being “really sensitive to the light and noise for the first couple days.” Beh continued, “I felt nauseous and just really irritable. Anything pissed me off. My head was hurting.” While there are some similar symptoms, concussions take various forms depending on the person. Some take a week to recover from while some take longer – even up to a year or longer. The most severe concussions include dizziness, cognitive and vision issues and stiffness in the neck, shoulders and back. Fortunately, for Beh, her symptoms didn’t raise to this level. She spent a few days at home sleeping and resting. Then, when she came back to practice, she started out slowly on conditioning and lifting, “less of a load,” Beh said. “It feels good to be running again,” Beh added. Beh also got time to reset while she was out. This included charting her post group’s stats while sitting on the bench during last week’s games. She was able to watch and see what was missing in their performances – sharing this with them and also knowing what to bring when she’s back on the court. Arizona head coach Adia Barnes has some instructions for guard Jada Williams (2) during a Grambling State free-throw attempt on Nov. 23, 2024. What’s missing: Beh and Jada Williams are the two co-captains of this year’s Wildcats. While they both have different ways of saying it, they were in alignment about where their team stands at this moment, coming off a loss against GCU last week. Simply put: they are still figuring some things out. Beh said that she saw last week – at least from her group when she was charting their goals during the win over Seattle and the loss to GCU – was the lack of energy and effort. Williams said that some of it – at least for the returnees – is “trying to learn how to play without our keys from last year.” “(Helena) Pueyo and Es (Martinez) brought so much to our team so learning how to do that without them picking up slack in those areas,” Williams said. “I think that's important. Trying to find organization, trying to find culture. I think it's that part of the season that we're in now is finding culture. I think once we click, it will click, but I think it's going to take everybody and we need everybody to buy in.” It’s that buy in that seems to be taking some time. That’s why you aren’t always seeing that energy and effort that Beh was referring to and it’s why at times on defense they aren’t working together on traps or even going the wrong way on screening action – leaving their opponent wide open for a dagger 3. Or even why on offense the ball seems stagnant at times – stuck in someone’s hands – when they aren’t moving with and without the ball. It’s also why at times the Wildcats seem not to be playing within the system – because not all the players have bought in yet. “We need the whole team,” Williams said. “We need everyone to buy in and we haven't done that yet. That's why we haven't been as successful as we thought we would be. I think once everyone buys in to the culture, we'll be all right and if we don't, then we're going to have the season that we're having now. I think people start to realize that, start to pick up their slack, (working) harder in practice and things like that, I think that's when we'll see that that flip in our game.” Radio, radio: The Adia Barnes Radio Show will have its’ first session of the season on Tuesday, Dec. 17 from 5:30 p.m. to 6:30 p.m. at the Sands Club – same place as last year. The show will be broadcast on 1400-AM with Derrick Palmer, the Arizona women's basketball voice on the radio, talking to Barnes. The other dates are mainly Tuesdays, with three Thursdays mixed in February. The dates are Jan. 7, 14, 21 and 28; February dates are 6, 13, 18 and 27. Logo unveiled: Phoenix is hosting the Women's Final Four in 2026 for the first time at the Footprint Center — where the Phoenix Mercury and Suns play. ASU is the actual host school. The three games — two semifinals and one finals — will be broadcast in what is being called an ESPN MegaCast, airing on ABC, ESPN, ESPN2 and ESPNU — and will be distributed to 200 countries around the world. This is the logo for the 2026 Women's Final Four that will be held in Phoenix that was unveiled Monday morning. The logo for the 2026 Women's Final Four was revealed Monday morning and has elements and colors that represent Arizona and Phoenix. Designed by Section 127 in Indianapolis, the inspiration came from Native American culture and art of the Southwest. From the colors to the mountains and even the basketball were all nods to Arizona and the Southwest. Tickets will be available for purchase after this year's Final Four, which is being held in Tampa, Florida on April 4 and 6. By the numbers 2: Arizona is second in the Big 12 in steals per game with 11.5. 7: CSU Bakersfield redshirt senior forward Ary Dizon, who is 6-1, blocked 7 shots against Eastern Washington in November. That’s one more than Breya Cunningham had against Grambling State. It also accounts for the difference in total blocks as Dizon has 21 and Cunningham has 20. 0: The Roadrunners have no players averaging in double figures. The closest is redshirt freshman guard Caitie Gingras is averaging 9.7 points per game. Contact sports reporter PJ Brown at pjbrown@tucson.com . On X(Twitter): @PJBrown09 Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox! ReporterQ2 GAAP Earnings per Share up 24% to $1.10 , Non-GAAP Earnings per Share up 10% to $1.47 Q2 Total Revenue $14.1 billion , up 9% in both USD and constant currency Q2 Total Remaining Performance Obligations $97 billion , up 49% in USD & 50% in constant currency Q2 Cloud Revenue (IaaS plus SaaS) $5.9 billion , up 24% in both USD and constant currency Q2 Cloud Infrastructure (IaaS) Revenue $2.4 billion , up 52% in both USD and constant currency Q2 Cloud Application (SaaS) Revenue $3.5 billion , up 10% in both USD and constant currency Q2 Fusion Cloud ERP (SaaS) Revenue $0.9 billion , up 18% in both USD and constant currency Q2 NetSuite Cloud ERP (SaaS) Revenue $0.9 billion , up 20% in USD and 19% in constant currency AUSTIN, Texas , Dec. 9, 2024 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL ) today announced fiscal 2025 Q2 results. Total quarterly revenues were up 9% year-over-year, in both USD and constant currency, to $14.1 billion . Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to $10.8 billion . Cloud license and on-premise license revenues were up 1% in USD and up 3% in constant currency, to $1.2 billion . Q2 GAAP operating income was $4.2 billion . Non-GAAP operating income was $6.1 billion , up 10% in both USD and constant currency. GAAP operating margin was 30%, and non-GAAP operating margin was 43%. GAAP net income was $3.2 billion . Non-GAAP net income was $4.2 billion , up 12% in both USD and constant currency. Q2 GAAP earnings per share was $1.10 , up 24% in USD and up 23% in constant currency, while non-GAAP earnings per share was $1.47 , up 10% in both USD and constant currency. Short-term deferred revenues were $9.4 billion . Over the last twelve months, operating cash flow was $20.3 billion and free cash flow was $9.5 billion . "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors," said Oracle CEO, Safra Catz . "Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world's largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation (RPO) up 50% to $97 billion , we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion ." "Oracle Cloud Infrastructure trains several of the world's most important generative AI models because we are faster and less expensive than other clouds," said Oracle Chairman and CTO, Larry Ellison . "And we just signed an agreement with Meta—for them to use Oracle's AI Cloud Infrastructure—and collaborate with Oracle on the development of AI Agents based on Meta's Llama models. The Oracle Cloud trains dozens of specialized AI models and embeds hundreds of AI Agents in cloud applications. For example, Oracle's AI Agents automate drug design, image and genomic analysis for cancer diagnostics, audio updates to electronic health records for patient care, satellite image analysis to predict and improve agricultural output, fraud and money laundering detection, dual-factor biometric computer logins, and real time video weapons detection in schools. Oracle trained AI models and AI Agents will improve the rate of scientific discovery, economic development and corporate growth throughout the world. The scale of the opportunity is unimaginable." The board of directors declared a quarterly cash dividend of $0.40 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 9, 2025 , with a payment date of January 23, 2025 . A sample list of customers which purchased Oracle Cloud services during the quarter will be available at www.oracle.com/customers/earnings/ . A list of recent technical innovations and announcements is available at www.oracle.com/news/ . To learn what industry analysts have been saying about Oracle's products and services see www.oracle.com/corporate/analyst-reports/ . Earnings Conference Call and Webcast Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor/ . About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL ), please visit us at www.oracle.com . Trademarks Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. "Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including the expectations for converting the Remaining Performance Obligations to revenue, future total Oracle Cloud revenue this fiscal year and the scale of opportunity for Oracle trained AI models and AI Agents, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure data center capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/ . All information set forth in this press release is current as of December 9, 2024 . Oracle undertakes no duty to update any statement in light of new information or future events. APPENDIX A ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: Stock-based compensation expenses : We have excluded the effect of stock-based compensation expenses from our non-GAAP operating expenses, income tax effects and net income measures. Although stock-based compensation is a key incentive offered to our employees, and we believe such compensation contributed to the revenues earned during the periods presented and also believe it will contribute to the generation of future period revenues, we continue to evaluate our business performance excluding stock-based compensation expenses. Stock-based compensation expenses will recur in future periods. Amortization of intangible assets : We have excluded the effect of amortization of intangible assets from our non-GAAP operating expenses, income tax effects and net income measures. Amortization of intangible assets is inconsistent in amount and frequency and is significantly affected by the timing and size of our acquisitions. Investors should note that the use of intangible assets contributed to our revenues earned during the periods presented and will contribute to our future period revenues as well. Amortization of intangible assets will recur in future periods. Acquisition related and other expenses; and restructuring expenses : We have excluded the effect of acquisition related and other expenses and the effect of restructuring expenses from our non-GAAP operating expenses, income tax effects and net income measures. We incurred expenses in connection with our acquisitions and also incurred certain other operating expenses or income, which we generally would not have otherwise incurred in the periods presented as a part of our continuing operations. Acquisition related and other expenses consisted of personnel related costs for transitional and certain other employees, certain business combination adjustments including certain adjustments after the measurement period has ended, and certain other operating items, net. Restructuring expenses consisted of employee severance and other exit costs. We believe it is useful for investors to understand the effects of these items on our total operating expenses. Although acquisition related and other expenses and restructuring expenses may diminish over time with respect to past acquisitions and/or strategic initiatives, we generally will incur certain of these expenses in connection with any future acquisitions and/or strategic initiatives. SOURCE Oracle