1h handicap meaning

1h handicap meaning Rutgers 77, Georgia Southern 60SANTA CLARA, Calif. (AP) — Once-promising seasons hit new lows for the Chicago Bears and San Francisco 49ers last week. Another late-game meltdown sent the Bears to their sixth straight loss and led to the firing of coach Matt Eberflus. The 49ers suffered their second straight blowout loss and more crushing injuries to go from Super Bowl contenders to outside the playoff picture in a matter of weeks. The two reeling teams will try to get back on track on Sunday when the Bears (4-8) visit the 49ers (5-7) in Chicago's first game under interim coach Thomas Brown . “I told them a minute ago after practice there is no confidence loss at all as far as what I think about them,” Brown said Wednesday. “I don’t care what anybody else thinks about them. I think we have a very talented football team. It’s about just putting the work in every single day to give us an opportunity to win.” The Bears are hoping to get an emotional boost from the first in-season firing of a head coach in franchise history. Over the last 10 seasons, teams with interim coaches are 13-11 in their first game with the new coach. Those teams had a .284 winning percentage at the time they fired their coaches. “I wouldn’t say a new voice was needed. I would say there was change that was needed," rookie quarterback Caleb Williams said, pointing to a need for more accountability and better communication. The Niners came into the season as the favorites to get back to the Super Bowl from the NFC after losing the title game to Kansas City last season. But a series of key injuries, bad losses and spotty play have left them in last place in the NFC West with only slim hopes of even reaching the postseason. San Francisco lost 38-10 to Green Bay and 35-10 to Buffalo in back-to-back weeks and lost star running back Christian McCaffrey to a knee injury last week that will sideline him for at least the rest of the regular season. The Niners already lost key players Brandon Aiyuk and Javon Hargrave to season-ending injuries and are preparing to be without stars Nick Bosa and Trent Williams for a third straight week. “It’s just been a rocky mountain for real with the injuries and other stuff we’ve had to go through this season,” receiver Deebo Samuel said. “Our record don’t show how really good we are as a team. We're still believing in this locker room.” Williams described Eberflus’ firing as “interesting” and “tough” and vowed to “roll with the punches” while insisting the chaos and turnover of the past few weeks could help him handle similar situations in the future. Just 12 games into his NFL career, the prized quarterback is on his second head coach and third offensive coordinator, though Brown will continue to call plays. How does he keep the faith that his career is in good hands with this organization? “The first part is understanding I can’t control,” Williams said. “Even if I understand or don’t understand, that doesn’t matter. I have to roll with the punches like I said before. I don’t control everything.” With McCaffrey and Jordan Mason injured, the Niners running game will turn to rookie Isaac Guerendo . The fourth-round pick has 42 carries for 246 yards and two TDs this season and will be making his second start in either college or the pros. Coach Kyle Shanahan said the progress Guerendo has made since training camp makes him ready for his new role as he sees him running with more “urgency.” “I think it takes guys some time,” Shanahan said. “You start to get a feel for it the more, if you’ve got the right stuff, the more you get reps, the more you can adjust to it. How hard you’ve got to hit stuff, how quick those holes close, how when there is a hole how you have to hit it full-speed and can’t hesitate at all or it closes like that. We’ve seen that stuff get better in practice and we’ve seen it carry over into games.” San Francisco's usually stout run defense has been anything but that this season. The Niners have struggled to slow down the opposition on the ground all year with the problem getting worse recently. The 49ers allowed 389 yards rushing the past two weeks. “It’s been so frustrating because I know what is supposed to look like,” linebacker Fred Warner said. “That’s not it.” Stopping the run also continues to be a sore spot for Chicago. The Bears rank 25th overall against the run and 29th in yards allowed per rush after another difficult outing last week. They gave up 194 yards, including 144 in the first half as the Lions grabbed a 16-0 lead. Losing veteran defensive tackle Andrew Billings to a torn pectoral muscle last month did not help. He was injured in a Week 9 loss at Arizona and is expected to miss the remainder of the season after having surgery. AP Sports Writer Andrew Seligman contributed to this report. AP NFL: https://apnews.com/hub/NFLSmart Materials Market Redefining Innovation with Intelligent Material SolutionsBiden-Harris DHS Freed Illegal Alien into U.S. Wanted for Ties to Child Rape in Ecuador

NoneInside Alex Salmond’s memorial service as guests reflect on a man who ‘transformed Scotland’

Q3 revenue of $322.0 million, representing 36% year-over-year growth Ending ARR of $1.349 billion, representing 35% year-over-year growth 2,303 customers with ARR over $100,000, up 38% year-over-year Samsara Inc. IOT , the pioneer of the Connected Operations ® Cloud, reported financial results for the third quarter ended November 2, 2024, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. "We achieved another strong quarter of durable and efficient growth at a greater scale," said Sanjit Biswas, CEO and co-founder of Samsara. "We ended Q3 at $1.35 billion in ARR, growing 35% year-over-year, and achieved a quarterly record of 10% adjusted free cash flow margin. As we continue to grow, we are excited about the innovation we are unlocking with more scale. We now collect over 10 trillion data points annually in the Samsara platform and use this data asset to bring AI to physical operations. We believe AI will play a powerful role in transforming the safety, efficiency, and sustainability of our customers' operations." Third Quarter Fiscal Year 2025 Financial Highlights (In millions, except percentage, percentage points, and per share data) Q3 FY2025 Q3 FY2024 Y/Y Change Annual Recurring Revenue (ARR) $ 1,348.9 $ 1,002.7 35 % Total revenue $ 322.0 $ 237.5 36 % GAAP gross profit $ 246.0 $ 175.9 $ 70.0 GAAP gross margin 76 % 74 % 2 pts Non-GAAP gross profit $ 249.8 $ 179.0 $ 70.8 Non-GAAP gross margin 78 % 75 % 2 pts GAAP operating loss $ (47.4 ) $ (54.8 ) $ 7.4 GAAP operating margin (15 %) (23 %) 8 pts Non-GAAP operating income $ 33.9 $ 12.7 $ 21.2 Non-GAAP operating margin 11 % 5 % 5 pts GAAP net loss per share, basic and diluted $ (0.07 ) $ (0.08 ) $ 0.01 Non-GAAP net income per share, basic $ 0.08 $ 0.04 $ 0.04 Non-GAAP net income per share, diluted $ 0.07 $ 0.04 $ 0.03 Net cash provided by operating activities $ 36.0 $ 11.9 $ 24.1 Net cash provided by operating activities margin 11 % 5 % 6 pts Adjusted free cash flow $ 31.2 $ 8.5 $ 22.7 Adjusted free cash flow margin 10 % 4 % 6 pts __________ Note: Numbers are rounded for presentation purposes. We report non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with generally accepted accounting principles ("GAAP"). See the section titled "Use of Non-GAAP Financial Measures" for an explanation of non-GAAP financial measures and the tables in the section titled "Reconciliation Between GAAP and Non-GAAP Financial Measures" for a reconciliation of GAAP to non-GAAP financial measures. Financial Outlook Our guidance includes GAAP and non-GAAP financial measures. For the fourth quarter and fiscal year 2025, Samsara expects the following: Q4 FY2025 Outlook FY 2025 Outlook Total revenue $334 million – $336 million $1.237 billion – $1.239 billion Year/Year revenue growth 21% – 22% 32% Year/Year adjusted revenue growth (1) 30% – 31% 35% Non-GAAP operating margin 9% 7% Non-GAAP net income per share, diluted $0.07 – $0.08 $0.22 – $0.23 __________ (1) Q4 FY24 was a 14-week fiscal quarter instead of a typical 13-week fiscal quarter. To enable comparability across periods, adjusted revenue and adjusted revenue growth rate are calculated by multiplying Q4 FY24 revenue by 13/14 to remove the impact of an additional week of revenue recognition in Q4 FY24. A reconciliation of non-GAAP guidance financial measures to corresponding GAAP guidance financial measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty and potential variability of expenses, such as stock-based compensation expense-related charges, that may be incurred in the future and cannot be reasonably determined or predicted at this time. It is important to note that these factors could be material to our results of operations computed in accordance with GAAP. About Samsara Samsara is the pioneer of the Connected Operations ® Cloud, which is a system of record that enables businesses that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may relate to, but are not limited to, expectations of future operating results or financial performance, the calculation of certain of our key financial and operating metrics, our market opportunity, industry developments and trends, customer demand for our solution, macroeconomic conditions and any expected benefits of our products, including cost savings and return on investment, our technological capability, including AI, and our competitive position, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and could cause actual results and events to differ. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "goal," "guidance," "intend," "may," "objective," "ongoing," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or the negative of these terms or other comparable expressions that concern our expectations, strategies, plans, or intentions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are based on information available at the time those statements are made, including information furnished to us by third parties that we have not independently verified, and/or management's good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties include our ability to retain customers and expand the Applications used by our customers, our ability to attract new customers, our future financial performance, including trends in revenue and annual recurring revenue, net retention rate, costs of revenue, gross profit or gross margin, operating expenses, customer counts, non-GAAP financial measures (such as adjusted revenue, adjusted revenue growth rate, non-GAAP gross margin, non-GAAP operating margin, free cash flow margin, and adjusted free cash flow margin), our ability to achieve or maintain profitability, the demand for our products or for solutions for connected operations in general, the impact of the Russia-Ukraine conflict, geopolitical tensions involving China, the conflict in the Middle East, the emergence of public health crises, the results of the recent presidential and congressional elections in the United States, and macroeconomic conditions globally on our and our customers', partners' and suppliers' operations and future financial performance, possible harm caused by silicon component shortages and other supply chain constraints, the length of our sales cycles, possible harm caused by a security breach or other incident affecting our or our customers' assets or data, our ability to compete successfully in competitive markets, our ability to respond to rapid technological changes, and our ability to continue to innovate and develop new Applications. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings and reports that we may file from time to time with the Securities and Exchange Commission, including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. Use of Non-GAAP Financial Measures This document includes certain non-GAAP financial measures. Reconciliations of non-GAAP financial measures to our financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as substitutes for financial information presented under GAAP. There are a number of limitations related to the use of non-GAAP financial measures versus comparable financial measures determined under GAAP. For example, other companies in our industry may calculate these non-GAAP financial measures differently or may use other measures to evaluate their performance. In addition, free cash flow and adjusted free cash flow do not reflect our future contractual commitments or the total increase or decrease of our cash balance for a given period. These and other limitations could reduce the usefulness of these non-GAAP financial measures as analytical tools. Investors are encouraged to review the related GAAP financial measures and the reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures and to not rely on any single financial measure to evaluate our business. We present these non-GAAP financial measures to assist investors in seeing Samsara's operating results through the eyes of management and because we believe that these measures provide an additional tool for investors to evaluate our business. Expenses Excluded from Non-GAAP Performance Financial Measures —Stock-based compensation expense-related charges include the amortization of deferred stock-based compensation expense for capitalized software and employer taxes on employee equity transactions. Stock-based compensation expense-related charges are excluded because they are primarily a non-cash expense that management believes is not reflective of our ongoing operational performance. Employer taxes on employee equity transactions, which are a cash expense, are excluded because such taxes are directly tied to the timing and size of employee equity transactions and the future fair market value of our common stock, which may vary from period to period independent of the operating performance of our business. Lease modification, impairment, and related charges, and legal settlements are excluded because management believes that such charges are not reflective of our ongoing operational performance. Operating Metrics and Non-GAAP Financial Measures Annual Recurring Revenue—We define ARR as the annualized value of subscription contracts that have commenced revenue recognition as of the measurement date. Adjusted Revenue and Adjusted Revenue Growth Rate—Q4 FY24 was a 14-week fiscal quarter instead of a typical 13-week fiscal quarter. To enable comparability across periods, adjusted revenue and adjusted revenue growth rate are calculated by multiplying Q4 FY24 revenue by 13/14 to remove the impact of an additional week of revenue recognition in Q4 FY24. Non-GAAP Gross Profit and Non-GAAP Gross Margin—We define non-GAAP gross profit as gross profit excluding the effect of stock-based compensation expense-related charges included in cost of revenue. Non-GAAP gross margin is defined as non-GAAP gross profit as a percentage of total revenue. We use non-GAAP gross profit and non-GAAP gross margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP gross profit and non-GAAP gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Income (Loss) from Operations and Non-GAAP Operating Margin—We define non-GAAP income (loss) from operations, or non-GAAP operating income (loss), as income (loss) from operations excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Non-GAAP operating margin is defined as non-GAAP operating income (loss) as a percentage of total revenue. We use non-GAAP income (loss) from operations and non-GAAP operating margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP income (loss) from operations and non-GAAP operating margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Net Income (Loss) and Non-GAAP Net Income (Loss) per Share—We define non-GAAP net income (loss) as net income (loss) excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Our non-GAAP net income (loss) per share–basic is calculated by dividing non-GAAP net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Our non-GAAP net income per share–diluted is calculated by giving effect to all potentially dilutive common stock equivalents (stock options, restricted stock units, and shares issued under our 2021 Employee Stock Purchase Plan) to the extent they are dilutive. Non-GAAP net loss per share–diluted is the same as non-GAAP net loss per share–basic as the inclusion of all potential dilutive common stock equivalents would be antidilutive. We use non-GAAP net income (loss) and non-GAAP net income (loss) per share in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP net income (loss) and non-GAAP net income (loss) per share provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Free Cash Flow and Free Cash Flow Margin—We define free cash flow as net cash provided by (used in) operating activities reduced by cash used for purchases of property and equipment. Free cash flow margin is calculated as free cash flow as a percentage of total revenue. We believe that free cash flow and free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives. Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin—We define adjusted free cash flow as free cash flow excluding the cash impact of non-recurring capital expenditures associated with the build-out of our corporate office facilities in San Francisco, California, net of tenant allowances, and legal settlements. Adjusted free cash flow margin is calculated as adjusted free cash flow as a percentage of total revenue. We believe that adjusted free cash flow and adjusted free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives by excluding the impact of non-recurring events. Webcast Information and Shareholder Letter An investor presentation and accompanying shareholder letter is accessible from the Samsara investor relations website at https://investors.samsara.com/ . Samsara will host a live webcast to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. The live webcast may be accessed at https://investors.samsara.com/ . Following the webcast, a replay will be accessible from the same website. SAMSARA INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) As of November 2, 2024 February 3, 2024 Assets Current assets: Cash and cash equivalents $ 160,348 $ 135,536 Short-term investments 511,564 412,126 Accounts receivable, net 178,723 161,829 Inventories 39,366 22,238 Connected device costs, current 115,093 104,008 Prepaid expenses and other current assets 34,321 51,221 Total current assets 1,039,415 886,958 Restricted cash 20,241 19,202 Long-term investments 241,131 276,166 Property and equipment, net 56,418 54,969 Operating lease right-of-use assets 69,215 81,974 Connected device costs, non-current 234,825 230,782 Deferred commissions 196,013 177,562 Other assets, non-current 6,610 7,232 Total assets $ 1,863,868 $ 1,734,845 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 31,522 $ 46,281 Accrued expenses and other current liabilities 63,028 61,437 Accrued compensation and benefits 36,013 37,068 Deferred revenue, current 505,557 426,369 Operating lease liabilities, current 18,000 20,661 Total current liabilities 654,120 591,816 Deferred revenue, non-current 134,165 139,117 Operating lease liabilities, non-current 67,954 78,830 Other liabilities, non-current 8,494 9,935 Total liabilities 864,733 819,698 Stockholders' equity: Preferred stock — — Class A common stock 11 9 Class B common stock 23 23 Class C common stock — — Additional paid-in capital 2,597,904 2,368,597 Accumulated other comprehensive income — 1,616 Accumulated deficit (1,598,803 ) (1,455,098 ) Total stockholders' equity 999,135 915,147 Total liabilities and stockholders' equity $ 1,863,868 $ 1,734,845 SAMSARA INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands, except share and per share data) (Unaudited) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Revenue $ 321,981 $ 237,534 $ 902,909 $ 661,111 Cost of revenue 76,027 61,585 218,017 178,008 Gross profit 245,954 175,949 684,892 483,103 Operating expenses: Research and development 76,990 60,820 226,439 185,155 Sales and marketing 150,065 116,780 448,995 353,643 General and administrative 62,660 48,354 177,410 139,888 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Total operating expenses 293,324 230,716 856,453 683,448 Loss from operations (47,370 ) (54,767 ) (171,561 ) (200,345 ) Interest income and other income, net 10,057 9,378 29,767 28,493 Loss before provision for income taxes (37,313 ) (45,389 ) (141,794 ) (171,852 ) Provision for income taxes 493 142 1,911 1,503 Net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Other comprehensive loss: Foreign currency translation adjustments, net of tax (361 ) (820 ) (1,771 ) 276 Unrealized gains (losses) on investments, net of tax (1,244 ) 382 155 (1,063 ) Other comprehensive loss (1,605 ) (438 ) (1,616 ) (787 ) Comprehensive loss $ (39,411 ) $ (45,969 ) $ (145,321 ) $ (174,142 ) Basic and diluted net loss per share: Net loss per share attributable to common stockholders, basic and diluted $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 559,006,539 537,464,892 553,858,923 531,873,324 SAMSARA INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Operating activities Net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 6,757 3,646 15,845 10,839 Stock-based compensation expense 72,592 59,791 208,852 172,395 Net accretion of discounts on investments (3,884 ) (4,104 ) (12,173 ) (12,727 ) Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Other non-cash adjustments 2,280 1,937 3,992 2,046 Changes in operating assets and liabilities: Accounts receivable, net (3,032 ) (2,943 ) (23,192 ) 3,824 Inventories (1,775 ) (5,336 ) (20,181 ) 13,467 Prepaid expenses and other current assets 3,942 (17,691 ) 16,899 (17,448 ) Connected device costs (4,240 ) (9,333 ) (15,127 ) (36,997 ) Deferred commissions (7,569 ) (8,219 ) (18,451 ) (21,297 ) Other assets, non-current (112 ) (104 ) 822 267 Accounts payable and other liabilities (11,814 ) 5,043 (13,791 ) (206 ) Deferred revenue 17,000 26,684 74,236 77,155 Operating lease right-of-use assets and liabilities, net 65 3,287 165 7,338 Net cash provided by operating activities 36,013 11,889 77,800 30,063 Investing activities Purchases of property and equipment (4,776 ) (3,355 ) (14,830 ) (8,858 ) Purchases of investments (196,029 ) (167,012 ) (526,086 ) (541,401 ) Proceeds from sales of investments — 1,700 1,247 6,174 Proceeds from maturities and redemptions of investments 167,040 167,215 472,766 508,093 Other investing activities (100 ) — (200 ) (50 ) Net cash used in investing activities (33,865 ) (1,452 ) (67,103 ) (36,042 ) Financing activities Payment of taxes related to net share settlement of equity awards (7 ) — (7 ) — Proceeds from issuance of common stock in connection with equity compensation plans 36 265 16,959 13,435 Payment of principal on finance leases (396 ) (501 ) (1,340 ) (1,416 ) Net cash provided by (used in) financing activities (367 ) (236 ) 15,612 12,019 Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 105 (542 ) (458 ) (24 ) Net increase in cash, cash equivalents, and restricted cash 1,886 9,659 25,851 6,016 Cash, cash equivalents, and restricted cash, beginning of period 178,703 220,123 154,738 223,766 Cash, cash equivalents, and restricted cash, end of period $ 180,589 $ 229,782 $ 180,589 $ 229,782 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Gross profit and gross margin reconciliation GAAP gross profit $ 245,954 $ 175,949 $ 684,892 $ 483,103 Add: Stock-based compensation expense-related charges (1) 3,879 3,100 11,584 9,307 Non-GAAP gross profit $ 249,833 $ 179,049 $ 696,476 $ 492,410 GAAP gross margin 76 % 74 % 76 % 73 % Non-GAAP gross margin 78 % 75 % 77 % 74 % Operating income (loss) and operating margin reconciliation GAAP loss from operations $ (47,370 ) $ (54,767 ) $ (171,561 ) $ (200,345 ) Add: Stock-based compensation expense-related charges (1) 77,677 62,712 225,579 183,355 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Non-GAAP income (loss) from operations $ 33,916 $ 12,707 $ 57,627 $ (12,228 ) GAAP operating margin (15 %) (23 %) (19 %) (30 %) Non-GAAP operating margin 11 % 5 % 6 % (2 %) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net income (loss) reconciliation GAAP net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Add: Stock-based compensation expense-related charges 77,677 62,712 225,579 183,355 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Non-GAAP net income (3) $ 43,480 $ 21,943 $ 85,483 $ 14,762 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net income (loss) per share, basic and diluted, reconciliation GAAP net loss per share attributable to common stockholders, basic $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Total impact on net loss per share, basic, from non-GAAP adjustments 0.15 0.12 0.41 0.36 Non-GAAP net income per share attributable to common stockholders, basic $ 0.08 $ 0.04 $ 0.15 $ 0.03 GAAP net loss per share attributable to common stockholders, diluted $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Total impact on net loss per share, diluted, from non-GAAP adjustments 0.14 0.12 0.41 0.36 Non-GAAP net income per share attributable to common stockholders, diluted (4) $ 0.07 $ 0.04 $ 0.15 $ 0.03 Weighted-average shares used in computing GAAP net loss per share attributable to common stockholders, basic and diluted 559,006,539 537,464,892 553,858,923 531,873,324 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, basic 559,006,539 537,464,892 553,858,923 531,873,324 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted (4) 580,923,231 566,082,414 576,681,883 559,620,309 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Free cash flow, adjusted free cash flow, free cash flow margin, and adjusted free cash flow margin reconciliation Net cash provided by operating activities $ 36,013 $ 11,889 $ 77,800 $ 30,063 Purchases of property and equipment (4,776 ) (3,355 ) (14,830 ) (8,858 ) Free cash flow 31,237 8,534 62,970 21,205 Purchases of property and equipment for build-out of corporate office facilities, net of tenant allowances (5) — — — (10,179 ) Adjusted free cash flow $ 31,237 $ 8,534 $ 62,970 $ 11,026 Net cash provided by operating activities margin 11 % 5 % 9 % 5 % Free cash flow margin 10 % 4 % 7 % 3 % Adjusted free cash flow margin 10 % 4 % 7 % 2 % __________ (1) Stock-based compensation expense-related charges were included in the following line items of our condensed consolidated statements of operations and comprehensive loss as follows: Three Months Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Cost of revenue $ 3,879 $ 3,100 $ 11,584 $ 9,307 Research and development 28,574 22,594 82,076 68,716 Sales and marketing 23,441 20,219 66,843 55,310 General and administrative 21,783 16,799 65,076 50,022 Total stock-based compensation expense-related charges (2) $ 77,677 $ 62,712 $ 225,579 $ 183,355 (2) Stock-based compensation expense-related charges included approximately $4.5 million and $15.2 million of employer taxes on employee equity transactions for the three and nine months ended November 2, 2024, respectively, and approximately $2.9 million and $11.0 million of employer taxes on employee equity transactions for the three and nine months ended October 28, 2023, respectively. (3) There were no material income tax effects on our non-GAAP adjustments for all periods presented. (4) For each period in which we had non-GAAP net income, diluted non-GAAP net income per share is calculated using weighted-average number of shares of common stock outstanding during the period, adjusted for dilutive potential shares that were assumed outstanding during the period. (5) In April 2023, we settled a lease dispute which was primarily related to lease incentives associated with leasehold improvements in the form of a tenant allowance and received $11.3 million. View source version on businesswire.com: https://www.businesswire.com/news/home/20241205052629/en/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

As the doors of St Giles Cathedral in Edinburgh closed at 11am, you could hear a pin drop inside its historic walls. Around 500 invited guests gathered on Saturday to remember the life of Scotland’s former first minister Alex Salmond, after his sudden death at the age of 69. Former Prime Minister Gordon Brown, First Minister John Swinney, and figures from across politics, business and entertainment had all taken their seats. But Mr Salmond’s successor Nicola Sturgeon, who she once described as her mentor, was not present. The pair had a spectacular fall out and the rift never healed. Mr Swinney was met by a chorus of ‘boos’ as he entered the service, showing tensions remain between supporters of Mr Salmond and the party he used to lead. The splendour of the 900-year-old church added to the sense of occasion, as the cathedral’s choir took to their feet to perform ‘God Be In My Head’. There was a reading in Gaelic by Josh Robertson, a young independence activist, and close friend, Tory MP David Davis, and SNP MSP Fergus Ewing gave readings. Some of the most moving movements of the one hour ceremony came during the musical performances, which all encapsulated Mr Salmond’s love of Scotland. There was time to quietly reflect when Alasdair Fraser on the fiddle and Natalie Haas on the cello performed ‘Theme for Scotland’ and ‘The Referendum’. The personal and the political were weaved together throughout the ceremony. Mr Salmond’s niece Christina Hendry recalled memories of her ‘Uncle Alex’, including visiting the Turriff Show with her uncle and her sister where “he was the one asking us to go on the rides with him”. Perthshire-based singer and songwriter Dougie MacLean followed with a performance of his 1978 song ‘Caledonia’ and its yearning for home. Long-time friend and Acting Alba leader Kenny MacAskill told the congregation – which included Mr Salmond’s widow Moira – that Mr Salmond had been a “giant of a man”. Mr MacAskill, a former SNP minister who quit the party to join Alba, said the cause of independence was Mr Salmond’s “guiding light, his north star”. Sapphire fishing disaster off coast of Peterhead remembered Duncan Hamilton KC, who served as a political adviser and legal counsel to Mr Salmond, said he was “proud to be a fishing MP and fiercely loyal to those he represented in his beloved north-east”. He recalled an interview Mr Salmond gave in 2017 in which he said he wanted to be remembered for his , which sank off the coast of Peterhead on October 1, 1997. Mr Hamilton told the congregation: “He said this: ‘If I go to the Pearly Gates and my maker says, ‘What did you ever do with your life as an MP and all the rest of it?’ I might well say, ‘I helped raised the Sapphire’.” He added: “Some of those families are here today. The point is this – he understood that politics is about people – and that at its core it is about community.” He added: “Alex Salmond will forever be a pivotal figure in Scotland’s story. He changed a nation. He inspired a country.” Scottish band The Proclaimers got feet tapping across the cathedral for their performance of Cap in Hand – a pro-independence song which features the line: “I can’t understand why we let someone else rule our land, cap in hand”. Brothers Craig and Charlie Reid said: “We’re going to do this for Alex, with love and respect and eternal gratitude for everything you did for our country.” Led by piper Hamish Moore, the congregation poured out into the square outside St Giles which was lined with hundreds of people paying their respects. Chants of ‘Alex, Alex, Alex’ and the ‘The dream shall never die’ rang out across the square. Geoff Aberdein, former chief of staff to Mr Salmond, said the memorial was a “hugely fitting” tribute. Asked how his former boss will be remembered, he said: “He transformed Scotland. He pushed Scotland almost to the brink of independence and in his resignation speech, he said the dream of independence shall not die. “It’s now for others to ensure it stays alive.”Ross Barkley’s 85th-minute winner gave them victory after they had twice squandered the lead in Germany. John McGinn and Jhon Duran goals at the start of each half were cancelled out by Lois Openda and Christoph Baumgartner. But Barkley had the final say less than two minutes after coming off the bench as his deflected effort earned the points which sent his side third in the new Champions League league phase. The top eight automatically qualify for the next stage and with games against Monaco and Celtic to come, Unai Emery’s men are a good bet to avoid the need for a play-off round in their first foray in this competition. Leipzig are out, having lost all six of their games. Villa enjoyed a dream start and were ahead with less than three minutes on the clock. Matty Cash, playing in a more advanced position on the right, crossed for Ollie Watkins, who nodded down into the path of McGinn and the skipper made no mistake from close range. That gave the visitors confidence and they had enough chances in the first 15 minutes to have the game wrapped up. Lucas Digne’s cross from the left was begging to be converted but Watkins could not make contact from close range and then Morgan Rogers shot straight at Leipzig goalkeeper Peter Gulacsi. Then Youri Tielemans found himself with time and space on the edge of the area from Watkins’ tee-up but the Belgium international disappointingly dragged wide. All that good work was undone in the 27th minute, though, as Emiliano Martinez was left red-faced. The Argentinian was too casual waiting to collect Nicolas Seiwald’s long ball and Openda nipped in to get the ball first and tap into an empty net. — Aston Villa (@AVFCOfficial) Duran was introduced at the break and needed just a couple of minutes to fire a warning when he drilled wide after a loose ball fell to him 14 yards out. But the Colombian got his goal in the 52nd minute, though it was another moment for the goalkeeper to forget. Duran was invited to drive forward and unleashed a 25-yard shot, which was hardly an Exocet, but still was too much for Gulacsi, who barely even jumped. It was his 10th goal of the season and sixth from the bench as he continues his super-sub role. 😍 — Aston Villa (@AVFCOfficial) The striker was not complaining and he thought he had doubled his tally shortly after when he converted Cash’s centre but the provider was ruled offside by VAR. Five minutes later, Villa found themselves pegged back again with a finish of real quality. Openda was sent clear by another long ball and his cross was perfect for Baumgartner to cushion a far-post volley back across goal and into the corner. Digne brought a save out of Gulacsi and then Openda shot straight at Martinez as both sides pushed for a winner. It was Villa who got it as Barkley saw his deflected effort wrong-foot Gulacsi and hit the back of the net.

TAMPA, Fla. , Dec. 5, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, today announced the pricing of a private placement offering consisting of the issuance and sale of 621,194 shares of its Class A common stock (the "Common Stock"), par value $0.0001 per share, at a purchase price of $1.13 per Common Stock, for aggregate gross proceeds of $701,950 . The investors in the offering consisted of an institutional fund and certain officers and directors of the Company. The closing of the offering is expected to occur on or before December 6 , 2024.The company intends to use the net proceeds from the offering for general working capital. The securities issued in the offering are exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder. The securities have not been registered under the Securities Act and may not be sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Marpai, Inc. Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA and value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the $22 billion TPA sector serving self-funded employer health plans representing over $1 trillion in annual claims. Through its Marpai Saves initiative, the Company works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna and all TPA services. For more information, visit www.marpaihealth.com , the content of which is not incorporated by reference into this press release. Investors are invited to visit https://www.ir.marpaihealth.com Forward-Looking Statement Disclaimer This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could", "will", "potential", "should," "goal" and variations of these words or similar expressions. For example, the Company is using forward looking statements when it discusses the expected closing date and the intended use of proceeds. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai's current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai's filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov . View original content to download multimedia: https://www.prnewswire.com/news-releases/marpai-announces-pricing-of-700-000-private-placement-302324176.html SOURCE MarpaiSANTA CLARA, Calif. (AP) — Once-promising seasons hit new lows for the Chicago Bears and San Francisco 49ers last week. Another late-game meltdown sent the Bears to their sixth straight loss and led to the firing of coach Matt Eberflus. The 49ers suffered their second straight blowout loss and more crushing injuries to go from Super Bowl contenders to outside the playoff picture in a matter of weeks.

NEW YORK (AP) — U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The S&P 500 slipped 0.3% Tuesday and marked its first back-to-back losses in three weeks. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Oracle dragged on the market after reporting weaker growth than analysts expected. Treasury yields rose in the bond market ahead of Wednesday’s inflation report, which will be among the final big pieces of data before the Federal Reserve’s meeting on interest rates next week. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped by 0.2% in late trading, a day after pulling back from its latest all-time high . The index is on track for its first back-to-back losses in more than three weeks, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average was down by 7 points, or less than 0.1%, with roughly an hour remaining in trading, and the Nasdaq composite fell 0.3%. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report. C3.ai fell 2.1% despite reporting a smaller loss for the latest quarter than analysts expected. The AI software company increased its forecast for how big a loss it expects to take this fiscal year from its operations. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show roughly similar increases as the month before. That and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to lift the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 5.2% even though it beat analysts’ expectations for profit and revenue in the latest quarter. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January Elsewhere on Wall Street, Alaska Air Group soared 13.6% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 5.2% after saying it's resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.7% after the ski resort operator reported a narrower first-quarter loss than expected in what is traditionally its worst quarter. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.COLUMBUS, Ohio (AP) — A fight broke out at midfield after Michigan 13-10 on Saturday when players attempted to plant their flag on the OSU logo and were confronted by the . Police used pepper spray to break up the players, who threw punches and shoves in the melee that overshadowed the rivalry game. One officer suffered unspecified injuries and was taken to a hospital, a police union official said. After the Ohio State players confronted their rivals at midfield, defensive end Jack Sawyer grabbed the top of the Wolverines' flag and ripped it off the pole as the brawl moved toward the Michigan bench. Eventually, officers rushed in to try to break up the fracas. Ohio State coach Ryan Day said he understood his players' actions. “There are some prideful guys on our team who weren't going to sit back and let that happen,” Day said. The two Ohio State players made available after the game brushed off questions about it. Michigan running back Kalel Mullings, who rushed for 116 yards and a touchdown, said he didn't like how the Buckeyes players involved themselves in the Wolverines' postgame celebration, calling it “classless.” “For such a great game, you hate to see stuff like that after the game," he told Fox Sports in an on-field interview. “It’s just bad for the sport, bad for college football. But at the end of the day, you know some people got to — they got to learn how to lose, man. ... We had 60 minutes, we had four quarters, to do all that fighting.” Ohio State police said in a statement that “multiple officers representing Ohio and Michigan deployed pepper spray.” University police said they will continue to investigate the brawl. Brian Steel, president of the police union representing officers in Franklin County, that an officer was injured. “Officers are authorized to use pepper spray to stop assaults and protect themselves and others,” Steel added. Michigan players could be seen rubbing their eyes after exposure to the chemical irritant. Michigan coach Sherrone Moore said both teams could have handled the situation differently. “So much emotions on both sides,” he said. “Rivalry games get heated, especially this one. It’s the biggest one in the country, so we got to handle that better.” ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and

(The Center Square) – Eleven states, led by Texas, have sued the three largest institutional investors in the world for allegedly conspiring to buy coal company stocks to control the market, reduce competition and violate federal and state antitrust laws. The lawsuit was filed in U.S. District Court for the Eastern District of Texas Tyler Division and demands a trial by jury. It names as defendants BlackRock, Inc., State Street Corporation, and Vanguard Group, Inc., which combined manage more than $26 trillion in assets. The companies were sued for “acquiring substantial stockholdings in every significant publicly held coal producer in the United States” in order to gain “power to control the policies of the coal companies,” Texas Attorney General Ken Paxton said. According to the 109-page brief , defendants own 30.43% of Peabody Energy, 34.19% of Arch Resources, 10.85% of NACCO Industries, 28.97% of CONSOL Energy, 29.7% of Alpha Metallurgical Resources, 24.94% of Vistra Energy, 8.3% of Hallador Energy, 31.62% of Warrior Met Coal and 32.87% of Black Hills Corporation. Under the Biden administration, in the past four years, “America’s coal producers have been responding not to the price signals of the free market, but to the commands of Larry Fink, BlackRock’s chairman and CEO, and his fellow asset managers,” the brief states. “As demand for the electricity Americans need to heat their homes and power their businesses has gone up, the supply of the coal used to generate that electricity has been artificially depressed – and the price has skyrocketed. Defendants have reaped the rewards of higher returns, higher fees, and higher profits, while American consumers have paid the price in higher utility bills and higher costs.” Consumer costs went up because the companies “weaponized” their shares to push through a so-called green energy agenda, including reducing coal output by more than half by 2030, the lawsuit alleges. In response, publicly traded coal producers reduced output and energy prices skyrocketed. The companies advanced their policies primarily through two programs, the Climate Action 100 and Net Zero Asset Managers Initiative, signaling “their mutual intent to reduce the output of thermal coal, which predictably increased the cost of electricity for Americans” nationwide, Paxton said. The firms also allegedly deceived thousands of investors “who elected to invest in non-ESG funds to maximize their profits,” Paxton said. “Yet these funds pursued ESG strategies notwithstanding the defendants’ representations to the contrary.” While they allegedly directly restrained competition among the companies whose shares they acquired, “their war on competition has consequences for the entire industry,” the brief states. “Texas will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized ‘environmental’ agenda. BlackRock, Vanguard, and State Street formed a cartel to rig the coal market, artificially reduce the energy supply, and raise prices,” Paxton said. “Their conspiracy has harmed American energy production and hurt consumers. This is a stunning violation of state and federal law.” The lawsuit alleges the companies’ actions violated the Clayton Act, which prohibits any acquisition of stock where “the effect of such acquisition may be substantially to lessen competition;” and the Sherman Antitrust Act of 1890, 15 U.S.C. § 1 in a conspiracy to restrain trade. It also alleges the companies violated state antitrust laws of Texas, Montana and West Virginia; Blackrock also allegedly violated the Texas Business and Commerce Code by committing “false, deceptive, or misleading acts.” It asks the court to rule that the companies violated the federal and state statutes, provide injunctive and equitable relief and prohibit them from engaging in such acts. It requests that civil fines be paid, including requiring Blackrock to pay $10,000 per violation. Joining Paxton in the lawsuit are the attorneys general of Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming. The Buzbee Law Firm and Cooper & Kirk are serving as outside counsel. The companies have yet to issue a statement on the lawsuit. The lawsuit follows one filed by 25 states led by Texas against the Biden administration asking the court to halt a federal ESG policy that could negatively impact the retirement savings of 152 million Americans. It also comes after Texas has listed hundreds of companies and publicly traded investment funds, including Blackrock, on its divestment list for advancing ESG and anti-oil and natural gas policies.Aston Villa march on in Champions League after beating RB LeipzigBy FATIMA HUSSEIN WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.” At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is “no chance” BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen “should wave goodbye to America.” Research shows that the U.S. dollar’s role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump’s latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.

Trump offers a public show of support for Pete Hegseth, his embattled nominee to lead the Pentagon11 states sue three largest institutional investors for anticompetitive trade practices

Previous: 1 hari 5
Next: 2 handed seat carry