PHILADELPHIA — When the Carolina Panthers attempted a comeback late in the fourth quarter on Sunday afternoon, Darius Slay called game. In his return from a concussion that sidelined him last week against the Baltimore Ravens, the 33-year-old outside cornerback broke up a pass from quarterback Bryce Young intended for wide receiver Adam Thielen on fourth-and-9, sealing a 22-16 home victory for the Eagles. Here’s our instant analysis of the Eagles’ ninth-straight victory of the season that improved their record to 11-2: Slow to start True to prior form, the Eagles offense came out sluggish to start the game. For the 10th contest this year, Jalen Hurts and the rest of his unit failed to put up points in the first quarter. Saquon Barkley got going early in the second quarter on their third possession (five carries for 37 yards) to set the Eagles up for a Tush Push touchdown and put them up, 7-3. Still, the passing game remained listless, as Hurts went 4 for 9 for 42 yards through four possessions. A.J. Brown wasn’t targeted on any of those drives. C.J. Gardner-Johnson provided the Eagles the spark they needed to get back into a rhythm. With two minutes remaining in the first half, the 26-year-old safety picked off Young on third-and-3 from their own 36-yard line on a pass intended for Thielen, bringing the Eagles offense back on the field at the Panthers’ 44. Hurts got back into a brief groove in the passing game and got the ball back in the hands of his top receiver. Brown snared his first target and reception of the game with one minute, 26 seconds left in the first half. Hurts completed all five of his passes on the drive, capped off by a four-yard touchdown pass to DeVonta Smith, who returned after missing two games with a hamstring injury. Grant Calcaterra got in on the action, too, making his first-career touchdown reception early in the fourth quarter to pull the Eagles ahead, 22-16. The offense was still inconsistent at times, as Hurts took four sacks and only threw for 108 yards. Jake Elliott was hard to trust beyond the 50-yard line, as he missed a 52-yard field goal attempt in the third quarter. The Eagles opted to punt instead of kick another long field goal to precede the final Panthers possession. Still, the offense’s efforts and the defense’s big stand at the end of the game were enough to survive the Panthers’ attempted comeback. Barkley sets franchise record Going into Sunday’s game, Barkley had the opportunity to break the single-season franchise rushing yards record, set by LeSean McCoy in 2013. The 27-year-old running back needed just 109 yards to best McCoy’s total of 1,607 in 16 games. Barkley made it happen, surpassing McCoy with a nine-yard carry more than halfway through the fourth quarter to bring his total on the day to 116 yards. He ultimately finished the game with 124 yards on 20 carries, marking his ninth game of the season with 100-plus rushing yards, also a franchise record. His most impressive play of the day came early in the third quarter when he ripped off an 18-yard run to move the offense to midfield. However, the Eagles were unable to capitalize on the play, as Elliott missed the 52-yard field-goal attempt to keep the Panthers up, 14-10. Hubbard hot on the ground The Eagles weren’t the only team with a talented running back. Chuba Hubbard has been one of the bright spots for the Panthers’ offense this season, ranking third in the league in rushing yards over expected going into the game behind Barkley and Derrick Henry, according to Next Gen Stats. The Panthers relied on him even more than the Eagles could have anticipated on Sunday afternoon. Depth running backs Jonathon Brooks and Raheem Blackshear went down in the first half due to injury (a knee and a chest, respectively), leaving Hubbard as the lone available running back. Hubbard, the Panthers’ fourth-round pick in the 2021 draft out of Oklahoma State, did the bulk of his damage through small cuts. His longest gain was a 15-yard run early in the first quarter. Still, with Brooks and Blackshear absent for most of the game, Hubbard had 15 carries for 63 yards (4.2 yards per carry) in the first half alone. He scored the Panthers go-ahead touchdown, a one-yard punch-in, late in the third quarter to put his team up, 16-14. The late Panthers lead marked the first time the Eagles have trailed late into the third quarter since their loss to the Tampa Bay Buccaneers in Week 4. Hubbard was steady for the Panthers offense, as he finished the game with 92 yards and a touchdown on 26 carries. He also contributed four receptions for 15 yards. Injury report Gardner-Johnson went down twice in the game. He initially exited in the first quarter after colliding with Tristin McCollum while attempting to tackle Panthers wide receiver Xavier Legette. Gardner-Johnson was evaluated for a concussion, but he returned to action in the second quarter. Early in the fourth quarter, Gardner-Johnson went down again after crashing into Zack Baun on a Hubbard two-yard carry. He managed to walk off slowly under his own power. However, he returned to the game in short order. ©2024 The Philadelphia Inquirer, LLC. Visit at inquirer.com . Distributed by Tribune Content Agency, LLC.Climate Change Karma: Who is to be blamed?
OTTAWA — The RCMP will create a new aerial intelligence task force to provide round-the-clock surveillance of Canada's border using helicopters, drones and surveillance towers. The move is part of the federal government's $1.3-billion upgrade to border security and monitoring to appease concerns of U.S. president-elect Donald Trump about the flow of migrants and illegal drugs. Trump has threatened to impose a 25 per cent tariff on all Canadian and Mexican exports to the U.S. as soon as he is inaugurated next month unless both countries move to improve border security. Public Safety Minister Dominic LeBlanc says he has discussed parts of the plan with American officials and that he is optimistic about its reception. Canada will also propose to the United States to create a North American "joint strike force" to target organized crime groups that work across borders. The government also intends to provide new technology, tools and resources to the Canada Border Services Agency to seek out fentanyl using chemical detection, artificial intelligence and canine teams. This report by The Canadian Press was first published Dec. 17, 2024. Jim Bronskill, The Canadian PressKylian Mbappe “can do better” manager Carlo Ancelotti insisted after the Real Madrid forward missed another penalty during his side’s loss to Athletic Club . Mbappe, 25, had a 69th-minute penalty saved by Julen Agirrezabala as Madrid went on to lose 2-1 at San Mames Stadium and lose ground in the La Liga title race. Advertisement It is the second consecutive spot kick that Mbappe has missed after being denied by Caoimhin Kelleher during Madrid’s 2-0 defeat to Liverpool in the Champions League last week. Ancelotti said on Mbappe: “I haven’t spoken to him (Mbappe). We missed the penalty, but I don’t have to evaluate a player’s game by the penalty, sometimes they score and sometimes they don’t. He’s sad but we have to keep going. “He’s much more than at his 1%. He’s not at his best but we have to give him time. He has scored ten goals. He can do better, of course, and he is working on it.” Mbappe, who is yet to hit his best form at his new club after making the move from Paris Saint-Germain this summer, took to social media to comment on his miss from the spot. “Bad result,” he said. “A big mistake in a match where every detail counts. I take full responsibility for it. A difficult moment but it’s the best time to change this situation and show who l am.” Mbappe has scored 10 goals in 20 appearances but has often been deployed as a central striker, having previously excelled from the left in France. Jude Bellingham , who scored a penalty for Madrid during their 2-0 victory over Getafe on Sunday, stepped aside to allow Mbappe to take the spot kick on Wednesday evening. When asked about hit penalty takers, Ancelotti said: “When Vinicius (Junior) is there. He had usually taken them and he had all taken them well. There are three, Mbappé, Bellingham, and Vinicius.” “They both (Bellingham and Mbappé) spoke, today he took the responsibility to take it and it didn’t go well. This can happen.” The defeat is Real’s fifth of the season in all competitions and it leaves them in second place, four points behind league leaders Barcelona and a point above Atletico Madrid. Real Madrid are next in action against Girona on Saturday GO DEEPER Kylian Mbappe and France - what's happened? (Jose Breton/Pics Action/NurPhoto via Getty Images)
Monopoly money was found in a backpack believed to be worn by the UnitedHealthcare CEO’s killer in what could be another cryptic message( MENAFN - EIN Presswire) Xabier Lapani, 2024 scholarship recipient Xabier Lapani is the 7th winner of the Maureen Filetti Memorial Scholarship Kevin Keating HANGAR12 +1 312-870-9101 ... Visit us on social media: Facebook X LinkedIn Instagram YouTube Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN23122024003118003196ID1109025605 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026 WASHINGTON (AP) — Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona. If the nomination had been successful, the board would have had a Democratic majority until 2026. President-elect Donald Trump will now have a chance to nominate a replacement. The NLRB is a government agency that handles labor relations and unionization in the workplace. It also has the power to investigate potential unfair labor practices, meaning its leadership is highly scrutinized by business interests and labor groups. The failed vote is another blow to Senate Democrats and outgoing President Joe Biden's agenda. Arizona AG sues Saudi firm over 'excessive' groundwater pumping, saying it's a public nuisance PHOENIX (AP) — Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater. She alleges that the Fondomonte alfalfa farm in western Arizona is violating a public nuisance law even though the area has no groundwater pumping regulations. Mayes said Wednesday that Fondomonte's use of groundwater threatens the public health, safety and infrastructure of local communities in rural La Paz County. It's Arizona's latest action against foreign companies that use huge amounts of groundwater to grow thirsty forage crops for export. The Associated Press emailed Fondomonte seeking a response to the lawsuit. US inflation ticked up last month as some price pressures remain persistent WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. Excluding volatile food and energy costs, so-called core prices increased 3.3%. Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. Wednesday’s inflation figures are the final major piece of data Federal Reserve officials will consider before they meet next week to decide on interest rates. The November increase won’t likely be enough to discourage the officials from cutting their key rate by a quarter-point. Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled. The two companies have accused each other of not doing enough to push their proposed alliance through, and Albertsons pulled out of the $24.6 billion deal on Wednesday. The bitter breakup came the day after a federal judge in Oregon and a state judge in Washington issued injunctions to block the merger, saying that combining the two grocery chains could reduce competition and harm consumers. Albertsons is now suing Kroger, seeking a $600 million termination fee, as well as billions of dollars in legal fees and lost shareholder value. Kroger says the legal claims are “baseless.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. Supreme Court allows investors' class action to proceed against microchip company Nvidia WASHINGTON (AP) — The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed. The court’s decision Wednesday comes the same week that China said it is investigating the the microchip company over suspected violations of Chinese anti-monopoly laws. The justices heard arguments four weeks ago in Nvidia’s bid to shut down the lawsuit, then decided that they were wrong to take up the case in the first place. They dismissed the company’s appeal, leaving in place an appellate ruling allowing the case to go forward. Apple's latest iPhones get the gift of more AI as holiday shopping season heats up SAN FRANCISCO (AP) — Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season. It comes in the form of a free software update that includes a feature that enables users to create customized emojis within a matter of seconds. The Wednesday release of the iPhone’s upgraded operating system extends Apple’s expansion into AI months after rivals such as Samsung and Google began implanting the revolutionary on their devices. The update builds upon another one that came out in late October. The latest round of AI tricks includes “Genmojis,” Apple’s description of emojis that iPhone users will be able to ask the technology to create and then share. EU targets Russia's ghost fleet shipping oil in a new round of sanctions BRUSSELS (AP) — European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine. The EU's Hungarian presidency said Wednesday that the measures will target in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel. The sanctions are aimed at about 50 of what are routinely decrepit ships. The sanctions will hit more officials and entities alleged to be helping Russia to improve its military technology by evading export restrictions. EU foreign ministers are set to formally adopt the sanctions package on Monday. Can ordinary citizens solve our toughest problems? BEND, OREGON (AP) — Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions. Citizen assemblies may be able to help. The groups which have direct involvement in decision-making can help “overcome polarization and strengthen societal cohesion,” says Claudia Chwalisz, founder of DemocracyNext. Her nonprofit, launched in Paris in 2022, champions such assemblies worldwide, hoping they can “create the democratic spaces for everyday people to grapple with the complexity of policy issues, listen to one another, and find common ground.” In Europe, examples of such changes abound. In the United States, results are spottier. Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles WASHINGTON (AP) — President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. Environmental groups called the plan a clear violation of the National Environmental Policy Act. The chief policy advocacy officer at the Natural Resources Defense Council says Trump should be careful what he wishes for. She said, "What if someone wants to build a waste incinerator next to Mar-a-Lago or a coal mine next to Bedminster golf course?”Procter & Gamble Co. stock underperforms Thursday when compared to competitors despite daily gains
Report: Leadership needed to address quantum threat mitigationFollow live: Nets host Antetokounmpo's BucksCENTENNIAL, Colo.--(BUSINESS WIRE)--Dec 11, 2024-- NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it received from NYSE Regulation a Warning Letter (the “Letter”) as provided under Section 1009(a) of the NYSE American LLC Company Guide (the “Company Guide”) describing violations by the Company of Sections 301 and 713 of the Company Guide. Section 301 of the Company Guide prohibits a listed company from issuing, or authorizing its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification from the NYSE American that the securities have been approved for listing. Section 713 of the Company Guide requires stockholder approval when additional shares to be issued in connection with a transaction involve the sale, issuance, or potential issuance of common stock (or securities convertible into common stock) equal to 20% or more of outstanding stock for less than the greater of book or market value of the stock. As noted in the Letter, the Company issued approximately 4.6 million common shares between May 2024 and August 2024 in connection with the conversion of certain convertible promissory notes that NYSE has determined were in violation of these provisions. The Company is implementing additional controls to avoid violations of such NYSE rules in the future. The Company has been advised by NYSE Regulation that, following the filing of this press release and the associated Current Report on Form 8-K, this matter is resolved. About NUBURU Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and high-brightness, high-power design to produce higher quality welds and parts at a faster rate than current lasers can produce for laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds at a rate that is up to eight times faster than traditional welding methods — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net . Forward-Looking Statements This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things, developments with our Board of Directors and our compliance with Exchange listing standards. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the Exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241211406485/en/ CONTACT: Investor Relations: NUBURU, Inc. ir@nuburu.net (720) 767-1400 KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: MACHINE TOOLS, METALWORKING & METALLURGY MANUFACTURING SOURCE: NUBURU, Inc. Copyright Business Wire 2024. PUB: 12/11/2024 06:10 PM/DISC: 12/11/2024 06:08 PM http://www.businesswire.com/news/home/20241211406485/enMUMBAI: NCP (SP) president Sharad Pawar visited Markadwadi village in Solapur on Sunday, where a storm has been raging pertaining to the recent assembly election results. The villagers of Markadwadi, distrustful of the EVM results, had decided to conduct a mock poll using ballot papers on December 3 but were stopped in their tracks by the government and police, which booked over 200 of them. Coming down heavily on the BJP and Election Commission (EC) for prohibiting the mock poll, Pawar questioned under what law it was banned, and asked the village to pass a resolution for a ballot paper repoll. His visit to Markadwadi is considered significant, as the village has become a focal point in the opposition’s drive against EVMs. Congress leaders said that Rahul Gandhi too was expected to visit the village soon. On Sunday, Pawar addressed a rally to demand the reintroduction of ballot papers. Backing the people of Markadwadi, he pointed out that many western countries, despite having introduced EVMs, had gone back to ballot papers. The NCP (SP) chief said he would also bring the mock poll suppression to the notice of CM Devendra Fadnavis, Chief Electoral Officer S Chockalingam, PM Narendra Modi and the EC. “The CM told me that my statements on ballot papers were not correct,” he said. “But I wish to tell him that we don’t want politics here. We want our doubts to be clarified. The CM must come to Markadwadi and hear out people.” Meanwhile state Congress chief Nana Patole said there was a strong sentiment among people that the new government did not reflect their mandate. “This sentiment is not confined to Markadwadi but resonates across villages in the state,” he said. “There is a growing public demand for voting through ballot papers, with village sabhas passing resolutions to this effect.” Patole stated that if citizens had doubts about whether their vote was going to the candidate of their choice, these doubts needed to be resolved but the government had instead got together with the EC and police to suppress them. “The EC has failed to provide a satisfactory explanation for how 7.6 million votes were polled after 5 pm on the last day of voting,” he said. “Manipulating votes is akin to the daylight murder of democracy. If such dissatisfaction arises in a democracy, it must be addressed. As the opposition, we will fight for this both in the legislature and on the streets.” When questioned, Solapur collector Kumar Ashirwad said the EVMs were checked in front of Uttam Jankar’s polling agent. “They have signed on the certificate, stating that the results were okay,” he said. “Hence there is no question of raising doubts about the actual poll.” Ashirwad added that the Markadwadi mock poll had been stopped as conducting elections was the sole prerogative of the EC. BJP chief Chandrashekhar Bawankule doled out election data from 2014, 2019 and 2024 to show that Markadwadi had always supported different political parties. “In the 2014 Lok Sabha election, NCP candidate Vijaysinh Mohite Patil received 533 votes while Mahayuti alliance candidate Sadabhau Khot got 664,” he said. “In the same year’s assembly elections, the NCP’s Hanumant Dolas got 294 votes while independent candidate Anant Khandagale got 979. “In the 2019 Lok Sabha elections, the BJP’s Ranjitsinh Nimbalkar received 956 votes while the NCP’s Sanjay Shinde got 395,” he continued. “However, in the assembly elections, the NCP’s Uttamrao Jankar received 1,346 votes, whereas BJP’s Ram Satpute got 300 votes. In the 2024 Lok Sabha elections, NCP (SP) candidate Dhairysheel Mohite Patil got 1,021 votes while the BJP’s Ranjitsinh Nimbalkar received 466 votes. Meanwhile, in the assembly elections, the NCP (SP)’s Uttamrao Jankar received 843 votes and the BJP’s Ram Satpute secured 1,003 votes.” Bawankule concluded that “the villagers and our dear sisters” had rejected the MVA. “Therefore, instead of spreading misinformation and blaming the EVMs, carefully analyse the voting data from Markadwadi,” he said.
NoneFour members of the " Magnificent Seven " have outperformed the benchmark S&P 500 (SNPINDEX: ^GSPC) year to date. Tesla ( TSLA 5.34% ) and Amazon ( AMZN 2.94% ) are included in that number, with shares advancing 57% and 49%, respectively. But the billionaire hedge fund managers below bought one and sold the other in the third quarter. Louis Bacon of Moore Capital Management bought 25,000 shares of Tesla, increasing his position by 19%. Meanwhile, he sold 616,475 shares of Amazon, reducing his stake by 76%. Tesla rose to his 13th-largest holding, while Amazon fell to his 16th-largest. Ken Griffin of Citadel Advisors bought 1.1 million shares of Tesla, increasing his position by nearly 400%. Meanwhile, he sold 7.2 million shares of Amazon, reducing his stake by 94%. Amazon had been his largest holding, excluding options and index funds. Dan Loeb of Third Point bought 400,000 shares of Tesla, starting a new position. He also sold 1.4 million shares of Amazon, reducing his stake by 27%. Amazon had been his largest holding, but it now ranks second. Investors can learn a lot by tracking trades made by accomplished fund managers, but it's important to keep things in perspective. The trades above were made in the third quarter, which ended two months ago. Here's what investors need to know about Tesla and Amazon as we head into 2025. Tesla: The stock some billionaires were buying Tesla is the leading manufacturer of battery electric vehicles , though its market share fell about 3 points in the past year amid increased competition and a challenging economic environment. During that period, the company reported disappointing financial results in several consecutive quarters as price cuts meant to boost demand cut into margins. Tesla began to regain some momentum in the third quarter. Deliveries increased 6% after falling 5% in the prior quarter. In turn, revenue increased 8% to $25 billion, operating margin expanded 3 percentage points, and non-GAAP earnings increased 9% to $0.72 per diluted share. The company also said it will introduce more affordable vehicle models next year, and CEO Elon Musk believes deliveries could jump 20% to 30% in 2025. However, Tesla's largest opportunity lies in artificial intelligence (AI) software and services. The company plans to release an unsupervised version of its full self-driving (FSD) software in California and Texas next year. It will also launch an autonomous ride-hailing service in those markets. Additionally, Tesla is in talks to license its FSD software to other automakers. Elon Musk says gross margin could top 70% as autonomous driving technology becomes a larger source of revenue. But he believes the humanoid robot Optimus will be the company's most valuable product. On the third-quarter earnings call , he told analysts, "I feel confident in saying that we have the most advanced humanoid robot by a long shot." Looking ahead, Wall Street estimates Tesla's adjusted earnings will increase by 28% over the next year, which makes the current valuation of 160 times adjusted earnings look absurd. But that consensus estimate fails to account for revenue increases and margin expansion that autonomous driving technology may bring in a few years, and the market is absolutely pricing in those possibilities, at least to some degree. That puts investors in a tricky position: If Tesla fails to achieve its goals surrounding FSD and autonomous ride-sharing, the stock will likely crash. But if Tesla does accomplish those goals, it could revolutionize the mobility and transportation industries. That same logic applies to its ambitions in robotics. Personally, I think young investors (i.e., those with a long time horizon) who are comfortable with volatility should have some exposure to Tesla. While the stock is undeniably expensive, anyone who meets those criteria should consider buying a tiny position today. But I also think better opportunities will present themselves in the future, so shareholders should be prepared to buy the stock on dips. Amazon: The stock some billionaires were selling Amazon has a strong position in e-commerce , digital advertising, and cloud computing . Specifically, it operates the largest online marketplace in North America and Western Europe as measured by sales. It is the third-largest adtech company worldwide. And Amazon Web Services (AWS) is the largest public cloud. The company is leaning into artificial intelligence across all three segments to increase revenue and improve efficiency, especially in its cloud computing business. In the last 18 months, AWS released nearly twice as many machine learning and generative AI features as the other leading public clouds combined, according to CEO Andy Jassy. He also said AI revenue was growing at a triple-digit pace. Amazon reported solid financial results in the third quarter, beating estimates on the top and bottom lines. Revenue increased 11% to $159 billion due to particularly strong sales growth in advertising and cloud services. Meanwhile, its operating margin expanded more than 3 percentage points, and generally accepted accounting principles (GAAP) earnings jumped 52% to $1.43 per diluted share. Importantly, according to eMarketer, Amazon is expected to gain share in e-commerce and digital advertising in the next two years. Additionally, AWS is ideally positioned to benefit as demand for AI infrastructure and platform services increases, given it has nearly as much market share as Microsoft Azure and Alphabet 's Google Cloud combined. With that in mind, Wall Street expects Amazon's earnings to increase 26% over the next year. That seems like a reasonable estimate, considering the tailwinds behind the business, and it makes the current valuation of 49 times earnings look tolerable. Those numbers give a price/earnings-to-growth (PEG) ratio of 1.9, which is neither cheap nor outrageously expensive. Despite several billionaires selling Amazon shares, patient investors should feel confident buying a small position today. I think most Wall Street analysts would agree with that statement. Among the 70 analysts who follow Amazon, 94% have a buy rating on the stock.simonkr/E+ via Getty Images Investment Thesis Back in July, I issued a Buy rating on Celestica Inc. ( NYSE: CLS ), a Canadian product design service provider and a manufacturer of electronic components that addressed a wide array of applications. The stock Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Resolution of Non-Compliance with the NYSE RulesDeclan Rice has insisted Arsenal remain in the Premier League title race after cutting Liverpool's lead from nine to seven points. The Gunners comfortably beat Manchester United on Wednesday night to close the gap on Arne Slot's side in the top-flight. Rice delivered the cross from which Jurrien Timber opened the scoring nine minutes into the second-half. United struggled to get themselves back on level terms, with William Saliba scoring Arsenal's second with 20 minutes to go. That goal also came from a corner, with Bukayo Saka's deep cross being played off Saliba and into the net by Thomas Partey. It was a crucial three points for Mikel Arteta's men as Liverpool were held to a draw at Newcastle . The Reds remain top, but Gunners star Rice believes his side still have a shot at the title, as long as they remain in touch with their rivals come February. “Massive. What a night, Manchester United have a new manager so we knew it would be a test. They’ve looked good the last couple of games. You have to believe in your process, we keep at it all the time," Rice told Amazon Prime. "We never get bored. We stuck to the game plan and we could've had three or four. When you go up for a corner it’s a time to score, not a time to relax and chill. "To score both of them from corners, [set-piece coach] Nico [Jover] will be buzzing and I'm so happy. It's more just seeing clips and I know the weight I need to put on the ball and it's just about repetition. I put a few good balls in and could've had a couple of assists so it was nice to get one. HAVE YOUR SAY! Who was man of the match as Arsenal beat Manchester United? Comment below . "Because of the game schedule it’s hard to practise but it’s repetition, more watching clips at the moment. When you have a blip you get written off. We stuck together as a group, we knew the run of results were not good enough, now we're starting to see a turn of that. “People get carried away with title talk. You need to be in and around at February time. It’s closer [now Liverpool have dropped two points], they're seven away but we keep believing in ourselves and see what happens.” Liverpool boss Arne Slot meanwhile is remaining calm despite Arsenal closing the gap on his side. He admitted to being left frustrated but is backing Mo Salah to fire his men to success. "I have mixed feelings, we were outstanding in the second half but we were not good enough in the first half. Maybe 3-3 is what the game deserved," Slot said. "After the week we had we could change the game which is a very positive thing to take. Every time we need Mo Salah he scores a goal. We are hoping and expecting he can continue this for a long time. He was outstanding in the second half, he did many special things for us." Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.
VALENCIA, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced that the U.S. Food and Drug Administration (FDA) has approved its premarket approval (PMA) supplement for RECELL GO ® mini. As a line extension of the RECELL GO system, the RECELL GO mini disposable cartridge is designed specifically to treat smaller wounds up to 480 square centimeters, compared to the standard RECELL GO disposable cartridge, which treats an area of 1,920 square centimeters. RECELL GO mini addresses a critical need in the full-thickness skin defect market, which includes a high volume of smaller wounds. As part of the RECELL GO platform, RECELL GO mini uses the same multi-use processing device as the standard disposable cartridge but features a modified cartridge optimized for smaller skin samples that reduces resource use and minimizes waste. This design provides an entry point for clinicians who may not have previously used the RECELL GO platform for smaller wounds, enabling broader accessibility and use in trauma and burn centers. “The FDA approval of RECELL GO mini strengthens our ability to provide clinicians with fit-for-purpose solutions that meet the diverse needs of patients with full-thickness wounds,” said Jim Corbett, Chief Executive Officer of AVITA Medical. “By introducing a treatment option specifically for smaller wounds, we are expanding the accessibility of RECELL to a wider range of patients. We believe this addition will drive greater adoption across trauma centers, where smaller wounds are common, and support our broader growth strategy.” The company expects RECELL GO mini to serve as a growth driver within the broader RECELL GO platform, further advancing AVITA Medical’s strategy to expand its impact on patient care. Rollout will begin with trauma and burn centers that currently treat smaller wounds during the first quarter of 2025. The PMA supplement follows the original PMA of RECELL Autologous Cell Harvesting Device and subsequent PMA supplements. About AVITA Medical, Inc. AVITA Medical is a commercial-stage regenerative medicine company transforming the standard of care in wound care management and skin restoration with innovative devices. At the forefront of our platform is the RECELL System, approved by the FDA for the treatment of thermal burn wounds and full-thickness skin defects, and for repigmentation of stable depigmented vitiligo lesions. RECELL harnesses the regenerative properties of a patient’s own skin to create Spray-On Skin TM Cells, delivering a transformative solution at the point-of-care. This breakthrough technology serves as the catalyst for a new treatment paradigm enabling improved clinical outcomes. In the United States, AVITA Medical also holds the exclusive rights to market, sell, and distribute PermeaDerm ® , a biosynthetic wound matrix, and Cohealyx, an AVITA Medical-branded collagen-based dermal matrix. In international markets, the RECELL System is approved to promote skin healing in a wide range of applications including burns, full-thickness skin defects, and vitiligo. The RECELL System, excluding RECELL GO TM , is TGA-registered in Australia, has received CE mark approval in Europe, and has PMDA approval in Japan. To learn more, visit www.avitamedical.com . Forward-Looking Statements Th is press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements generally may be identified by the use of words such as “anticipate,” “expect,” “intend,” “could,” “would,” “may,” “will,” “believe,” “continue,” “estimate,” “look forward,” “forecast,” “goal,” “target,” “project,” “outlook,” “guidance,” “future,” and similar words or expressions, and the use of future dates. Forward-looking statements include, but are not limited to, statements relating to the timing and realization of regulatory approvals of our products; physician acceptance, endorsement, and use of our products; anticipated market share growth and revenue generation from certain products; failure to achieve the anticipated benefits from approval of our products; the effect of regulatory actions; product liability claims; risks associated with international operations and expansion; and other business effects, including the effects of industry, as well as other economic or political conditions outside of the Company’s control. These statements are made as of the date of this release, and the Company undertakes no obligation to publicly update or revise any of these statements, except as required by law. For additional information and other important factors that may cause actual results to differ materially from forward-looking statements, please see the “Risk Factors” section of the Company’s latest Annual Report on Form 10-K and other publicly available filings for a discussion of these and other risks and uncertainties. Authorized for release by the Chief Financial Officer of AVITA Medical, Inc. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b6b7df71-e67c-4a6e-847c-bdcca54fad27Cookies Market to Exhibit a Remarkable CAGR of 6.19% by 2031, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook 11-22-2024 08:20 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Data Bridge Market Research The global cookies market size was valued at USD 25.34 billion in 2023 and is projected to reach USD 40.97 billion by 2031, with a CAGR of 6.19% during the forecast period of 2024 to 2031. Cookies are small, baked treats made from a dough consisting of flour, sugar, butter, and various flavorings. They come in numerous varieties, such as chocolate chip, oatmeal raisin, and peanut butter. Cookies can be soft, chewy, or crunchy, depending on the ingredients and baking time. They are often enjoyed as a snack or dessert and can be paired with milk or coffee. Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-cookies-market Some of the major players operating in the cookies market are Britannia Industries (India), Kellogg Co. (U.S.), Campbell Soup Company (U.S.), General Mills, Inc. (U.S.), Mondelez International (U.S.), Ferrero (Italy), Nestlé (Switzerland), PepsiCo (U.S.), M. Dias Branco (Brazil), Barilla G. e R. Fratelli S.p.A (Italy), Arcor (Argentina), Lotus Bakeries (Belgium), Adam Foods (Spain), THOMAS TUNNOCK LIMITED (U.K.), Burton's Biscuits Co. (U.K.), Parle Products Pvt. Limited (India), ITC Limited (India), Grupo Bimbo (Mexico), and Bahlsen GmbH & Co. KG (Germany) among others. Cookies Market Share : The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market. Browse Trending Reports: https://dbmr03.blogspot.com/2024/11/laser-technology-market-trends-forecast.html https://dbmr064rs.blogspot.com/2024/11/single-use-bioprocessing-probes-and.html https://dbmr064rs.blogspot.com/2024/11/peripheral-arterial-disease-pad-market.html https://dbmr064rs.blogspot.com/2024/11/reishi-mushroom-market-dynamics-trends.html About Data Bridge Market Research: An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune. Contact Us: - Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC: +653 1251 1177 Email: - sopan.gedam@databridgemarketresearch.com This release was published on openPR.