Dell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the personal computer market is stalling. The shares of each company dropped in extended trading. NSE Revenue generated by Dell’s PC business declined 1% to $12.1 billion in the fiscal third quarter, falling short of estimates. While sales in HP’s PC unit rose 2% to $9.59 billion in the similar three-month period, that too missed the average analyst estimate. “The PC refresh cycle is pushing into next year,” Dell Chief Financial Officer Yvonne McGill said Tuesday on a call with analysts after the results. HP Chief Executive Officer Enrique Lores said in an interview that the release of Microsoft Corp.’s new edition of Windows software hasn’t fueled PC sales from corporate clients as quickly as in previous releases. The market had seen a historic decline in recent years after a burst of demand for new laptops in the early months of the pandemic when students and corporate employees were stuck at home. While signs of a rebound began to materialize this year, shipments again dipped in the third quarter, industry analyst IDC said in October. PC makers had hoped that new machines touted as better for artificial intelligence workloads would spur demand. But “buyers have yet to see clear benefits or business value,” Mikako Kitagawa, an analyst at Gartner Inc., said in report last month. Dell shares fell about 10% in late trading after closing at $141.74 in New York. The stock had gained 85% this year through Tuesday’s close. HP shares declined about 8% after closing at $39.10. HP stock had increased 30% this year. Dell is best known for its computer business, but the Round Rock, Texas-based company has enjoyed a renaissance of investor interest due to its high-powered servers for artificial intelligence workloads. Earlier this month, Dell announced it was shipping servers with Nvidia Corp.’s new Blackwell semiconductors to cloud infrastructure provider CoreWeave. Sales in Dell’s infrastructure unit including servers rose 34% to $11.4 billion in the period ended November 1, the company said in a statement. That’s just ahead of the $11.3 billion anticipated by analysts. Total revenue increased 10% to $24.4 billion, missing the average analyst estimate of $24.6 billion, according to data compiled by Bloomberg. The company shipped $2.9 billion in AI-optimized servers in the quarter, executives said. The metric was a step down from the $3.1 billion reported in the preceding period. “AI is a robust opportunity for us with no signs of slowing down,” Dell Chief Operating Officer Jeff Clarke said in the statement. He touted orders of AI servers in the quarter hitting $3.6 billion and growth “across all customer types.” For the quarter ending in February, Dell gave a revenue outlook of about $24.5 billion. Analysts, on average, projected $25.4 billion. Adjusted earnings will be $2.40 a share to $2.60, compared with the average estimate of $2.66. HP’s outlook also failed to impress. Earnings, excluding some items, will be 70 cents to 76 cents a share in the period ending in January, the Palo Alto, California-based company said. Analysts, on average, projected 86 cents. “Weaker-than-expected Personal Systems sales and profit were the biggest drag on HP’s fiscal 4Q results, and its below-consensus 1Q EPS guidance suggests little improvement in PC demand in the seasonally stronger December quarter,” Woo Jin Ho, an analyst at Bloomberg Intelligence, said in a note after the results.
Little girls dream of having a dad like Donald Nordahl. A dad who supports their aspirations of playing basketball. This was especially true in a time not so long ago — the late 1980s, into the 1990s — when Cindy Hoskins grew up in Tucson. There weren’t the opportunities there are today for youth girls’ teams and leagues. At 10 years old, Hoskins tried out for a boys’ team at Ott YMCA and was the only girl on the team — a shooting guard. Soon after, Nordahl bought season tickets for Arizona women’s basketball — some of the best seats in McKale Center right behind where today the UA’s ESPN+ stream team of Cindy Brunson and Joan Bonvicini sit — because he wanted his daughter to see women playing the game at a high level. Hoskins would go on to become a ball girl for the Wildcats, go to the coach’s summer camps and eventually played on the girls team at Sahuaro High School. Her dad went to all her games. That was 36 years ago, and Nordahl, now 82 years old, is still going to all Wildcat home games. Donald Nordahl is a longtime season ticket holder for Arizona women’s basketball. Nordahl poses for a photo before the start of the Weber State game at McKale Center on Dec. 16, 2024. “I like to see players develop year to year,” Nordahl said. “I really look forward to watching all the games, this is a lot of fun.” Back then, the price of a single ticket was $2. Now, it’s $12. His vantage point is also different as he gave up those close-to-the-action seats for one high above the court on the east side of the arena. Around five years ago, it became too difficult to get to his previous section with his scooter (he has Parkinson’s, a lung disease and is hard of hearing). Still, he hasn’t missed one game in all those years. Before his daughters went to college, he bought a duplex a mile away from McKale and now can be seen heading to games on his scooter towing an oxygen generator. He’s made friends with his seatmates in this newer section. He’s attended other UA sports, including football and softball, but it’s women’s basketball that really stuck with him. This love for women’s basketball started well before his daughter played. His mom played the game in high school. This was back when there were three players on offense, three on defense and they couldn’t cross the center line. Nordahl’s mom was a center — the tallest player at 5-6 — who liked to score and was aggressive. Nordahl didn’t play the game, those basketball genes seemed to have skipped a generation to Hoskins. “She showed an interest in basketball at a very young age; I was very surprised,” Nordahl said. “We walked up to the school (where they had a basketball hoop) and she couldn’t get the ball up more than 2 or 3 feet. I thought, ‘That’s the last time we’ll be here.’ But it was just the beginning.” Hoskins said that her friend could do it but she couldn’t and so she kept trying. In the beginning, she could only hit the net. “She kept doing that and I saw that she was a natural shooter, she liked basketball, so she kept going,” Nordahl said. As Nordahl turned his attention back to the court, he recalled his favorite Wildcats — across four coaches from June Olkowksi, Bonvicini, Niya Butts and now Adia Barnes. He reeled off some of the best to don a Wildcat uniform from the late Shawntinice Polk and Dee-Dee Wheeler to Brenda Pantoja and Felecity Willis. His memories of Barnes when she played was her quickness and how she didn’t look tall enough to play post (at 5-11, she was an undersized post in college). Arizona Wildcats head coach Adia Barnes talks to her players in the second half at McKale Center on Dec. 16, 2024. Arizona won 87-66. When Barnes was hired to lead the program in 2016, a friend of his who played on the Arizona men’s basketball team, the late Eddie Brown, told Nordahl, “You just watch, this team is going to do something special and is going to be a special program.” That’s what happened as Barnes put Arizona back on the map from winning the 2019 WNIT Championship to just missing out on bringing home the NCAA trophy in 2021, losing by one point to Stanford in the title game. In the midst of all of this, the Wildcats have brought many who developed into high-performing players. There are now eight Wildcats from the Barnes era playing basketball professionally (Aari McDonald, Trinity Baptiste, Cate Reese, Jade Loville, Shania Pellington, Bendu Yeaney, Esmery Martinez and Helena Pueyo.) Two others retired over the last 18 months or so (Sam Thomas and Dominique McBryde). Those players, the ones who developed, are the ones that Nordahl kept coming back to. He really isn’t a fan of all the moves in the extra transfer portal or paying of players. He saw the other path work over three decades and enjoys watching the day-to-day growth of these athletes. One who stood out was Pueyo — who stayed in Tucson for all five years. Last spring, Pueyo took over all aspects of the game from setting up her teammates, scoring herself, playing lockdown defense, as well as becoming UA’s career steals leader. “She didn’t start shooting until she was a senior and she had to,” Nordahl said. “She was a very unselfish player and I like that.” Who: Arizona Wildcats (10-4) vs. Utah Utes (10-2) Where: McKale Center When: Noon Tuesday Watch: ESPN+ Listen: 1400-AM Contact sports reporter PJ Brown at pjbrown@tucson.com . On X(Twitter): @PJBrown09 Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. 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Handle rice issue diplomaticallyWall Street stocks, led by S&P 500 and the Nasdaq, ended higher overnight, as technology stocks rebounded.SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- On Nov. 26, 2024, the price of ASP Isotopes ( NASDAQ: ASPI ) crashed as much as 30% during intraday trading after Fuzzy Panda Research published a sensational report claiming ASPI uses outdated equipment and is secretly paying for stock promotion. The report has prompted shareholder rights firm Hagens Berman to commence an investigation into the allegations. The firm urges investors in ASP Isotopes who suffered substantial losses to submit your losses now . Visit: www.hbsslaw.com/investor-fraud/aspi Contact the Firm Now: ASPI@hbsslaw.com 844-916-0895 ASP Isotopes Inc. (ASPI) Investigation: The investigation is focused on ASP Isotopes' disclosures about its Aerodynamic Separation Process (ASP) technology, which is designed to enrich isotopes, and its Quantum Enrichment technology, a laser-based process under development for nuclear fuel applications. The company's statements came into question on November 26, 2024, when Fuzzy Panda Research published a report alleging that "ASP Isotopes (ASPI) is using old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment company." Fuzzy Panda report also found that ASPI: Employed multiple individuals to promote its stock. Was assessed by former Centrus executives as possessing "virtually worthless" technology. Was perceived by other scientists as "selling hope" with technology deemed "impossible to scale." On this news, ASPI stock dropped 23% in a single trading day. "We are focused on whether ASP Isotopes may have misled investors about the true commercial prospects for its ASP and Quantum Enrichment technologies," said Reed Kathrein, the partner leading the investigation. If you invested in ASP Isotopes or have knowledge that may assist the firm's investigation, submit your losses now » If you'd like more information and answers to frequently asked questions about the ASP Isotopes investigation, read more » Whistleblowers: Persons with non-public information regarding ASP Isotopes should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ASPI@hbsslaw.com . About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com . Follow the firm for updates and news at @ClassActionLaw . Contact: Reed Kathrein, 844-916-0895 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Carolina Panthers wide receiver Xavier Legette included his teammates in his unique holiday tradition on Thursday. The rookie brought a plastic container of chopped raccoon meat to Carolina's locker room, urging his fellow Panthers players to try it out. "I had some coon," Legette explained, per Darin Gantt and Kassidy Hill of the team's official website. "I brought some with me. I'm about to eat it just like this with a spoon." Veteran receiver David Moore was among the players willing to try it out, offering some suggestions to improve the meal. This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .In the wake of the San Francisco 49ers' blowout win over the Chicago Bears, wide receiver Deebo Samuel felt the need to defend himself against apparent criticism regarding a drop-off in his performances. The star wide receiver posted on X (formerly Twitter): "Not struggling at all just not getting the ball!!!!!!" Unsurprisingly, both head coach Kyle Shanahan and quarterback Brock Purdy were asked about that post during their press conferences ahead of Thursday's must-win divisional matchup with the Los Angeles Rams. Purdy was particularly supportive of Samuel, indicating he agreed with the assessment of the 2021 first-team All-Pro. "Deebo and I talk all the time, and he's like one of my best friends on this team," Purdy said of Samuel. "I absolutely love Deebo and what he's done for me and helping me out. "I think he's right. He's doing great right now with what we ask of him in the offense, and he's not struggling.... There's just moments, I guess, throughout seasons where guys just don't get the ball, just depending on scheme or what the defensive scheme is, and them taking guys away. "I want to get Deebo the ball every play if I could. I want to have him break all the records as best as possible. I want Deebo to do Deebo things, and we all do in this building. So, that's just how the games have gone. But I love my guy, and I'm going to do everything I can to give him the ball." Earlier, Shanahan was similarly supportive of Samuel as he expressed a desire to get him more touches. "Deebo and I talk every day. I understand Deebo saying that," said Shanahan. "The only way he helps us out is by getting the ball more. We’d like to get it to him more, and we’ll continue to work at that." He added: "We'd always love things to stay in-house. That's probably why I don't mess with social media. I'm sure I'd get worked up and stuff, too, if I was reading stuff about myself all the time. Then, I'd maybe make a tweet or something. But is it a distraction in our building? No. We gotta answer questions about it. It's the first time I've talked about it is right here. "But Deebo and I see each other every day and talk about stuff every day, so my advice is to not let outside [noise] frustrate you because just answering those things isn't gonna help you in any way. It usually only hurts you. But as far as what we deal with in our relationships and our team, it's water under the bridge." Samuel had eight touches in the 38-13 win over the Bears, hist most since the Week 10 win over the Tampa Bay Buccaneers. However, they amounted to just 35 scrimmage yards, though that is also the most he has had since the Bucs game. Targets in Samuel's direction resulted in minus 0.19 Expected Points Added per play, while rushes averaged minus 0.18. Samuel's frustration in only having 10 touches in the three games prior to the win over Chicago is understandable, but the reality is his touches are not having the same transformative impact they once did. If he can change that against the Rams and keep the 49ers in the NFC West race, his tweet will be long forgotten. This article first appeared on A to Z Sports and was syndicated with permission.
NASHVILLE, Tenn. (AP) — Clara Strack scored 24 points and grabbed 10 rebounds, Teonni Key had 16 points and 13 rebounds and No. 14 Kentucky defeated Arizona State 77-61 on Tuesday in the Music City Classic to remain unbeaten. Kentucky nearly had four players with double-doubles as Georgia Amoore added 20 points and nine rebounds and Amelia Hassett had eight points and nine rebounds for the Wildcats (6-0), who shot 42% and scored 13 points off 14 Arizona State turnovers. Jalyn Brown scored 16 points and Nevaeh Parkinson added 12 points and nine rebounds for the Sun Devils (3-3). Arizona State shot just 30%. The Sun Devils cut a 19-point deficit to 11 after three quarters but a 6-0 burst with baskets by Key, Amoore and Strack built the lead back to 15 midway through the fourth. Kentucky led 42-23 at halftime after outscoring the Sun Devils 27-9 in the second quarter, scoring the first 13 points of the period with Struck putting in the final seven in the run. A couple ASU free throws later, the Wildcats went on an 11-2 run capped by a Hassett 3 and the lead was 20. Strack scored 14 points and Key 10 in the half. The teams continue play in the Music City Classic on Wednesday with Kentucky playing No. 19 Illinois and Arizona State facing South Dakota. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketball
NoneHUAWEI said that from next year its new smartphones and tablets will run on an operating system stripped of Google’s open-source Android technology. The company’s new flagship phone, the Mate 70, will debut HarmonyOS Next, the iteration of its operating system that does away with remnants of Android in favour of entirely indigenous tech. Announced at a live-streamed event on Tuesday, the new devices and software add to Huawei’s campaign to reclaim China’s premium tier from Apple and build an ecosystem without the involvement of major US tech providers. Available on Dec 4, the Mate 70 and its Pro variants are the followup to Huawei’s most significant device in years, the Mate 60. Last year’s edition, powered by a made-in-China processor, brought Huawei back into the smartphone industry limelight and signalled its ability to work around US trade curbs designed to cut it off from the most advanced chipmaking. HarmonyOS Next will still need another two to three months to improve its user experience, but the plan is to henceforth use it on upcoming gadgets, said Richard Yu, chairman of Huawei’s consumer business group. The Mate 70 series, priced from 5,499 yuan (S$1,023) for the 6.7-inch edition, will offer 40 per cent better performance than its predecessor, in part because of HarmonyOS Next, the executive said. Yu fell short of disclosing details of the processors that power the phones. Shenzhen-based Huawei is expected to use its latest in-house Kirin chip for the new product line, though its performance increase may be less significant than Qualcomm and MediaTek’s top-end offerings, according to a note by Bloomberg Intelligence analysts Charles Shum and Sean Chen. “That suggests the new Huawei phone may struggle to capture the attention of non-Huawei Android users,” they wrote. The rollout is a key part of Huawei’s relentless attempt to break free from years of US sanctions. The company now finds itself unable to advance from the 7 nm chipmaking process for its smartphone and artificial intelligence chips until at least 2026. That’s at a time when competitors like Apple are about to move to 2 nm technology for mainstream products, Bloomberg News reported. Despite Washington’s blacklisting and technical challenges, Huawei managed to grow sales over the past seven quarters, with the help of an expanding smartphone business. Its shipments recorded four consecutive quarters of at least double-digit growth in China as of September, according to research firm IDC. Huawei on Tuesday also announced a number of other products in its ecosystem, including a new tablet and a 23,999-yuan gold-plated smartwatch. Earlier in the fall, the company introduced the world’s first trifold phone, also powered by chips that were designed in-house. BLOOMBERGDell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the personal computer market is stalling. The shares of each company dropped in extended trading. NSE Revenue generated by Dell’s PC business declined 1% to $12.1 billion in the fiscal third quarter, falling short of estimates. While sales in HP’s PC unit rose 2% to $9.59 billion in the similar three-month period, that too missed the average analyst estimate. “The PC refresh cycle is pushing into next year,” Dell Chief Financial Officer Yvonne McGill said Tuesday on a call with analysts after the results. HP Chief Executive Officer Enrique Lores said in an interview that the release of Microsoft Corp.’s new edition of Windows software hasn’t fueled PC sales from corporate clients as quickly as in previous releases. The market had seen a historic decline in recent years after a burst of demand for new laptops in the early months of the pandemic when students and corporate employees were stuck at home. While signs of a rebound began to materialize this year, shipments again dipped in the third quarter, industry analyst IDC said in October. PC makers had hoped that new machines touted as better for artificial intelligence workloads would spur demand. But “buyers have yet to see clear benefits or business value,” Mikako Kitagawa, an analyst at Gartner Inc., said in report last month. Dell shares fell about 10% in late trading after closing at $141.74 in New York. The stock had gained 85% this year through Tuesday’s close. HP shares declined about 8% after closing at $39.10. HP stock had increased 30% this year. Dell is best known for its computer business, but the Round Rock, Texas-based company has enjoyed a renaissance of investor interest due to its high-powered servers for artificial intelligence workloads. Earlier this month, Dell announced it was shipping servers with Nvidia Corp.’s new Blackwell semiconductors to cloud infrastructure provider CoreWeave. Sales in Dell’s infrastructure unit including servers rose 34% to $11.4 billion in the period ended November 1, the company said in a statement. That’s just ahead of the $11.3 billion anticipated by analysts. Total revenue increased 10% to $24.4 billion, missing the average analyst estimate of $24.6 billion, according to data compiled by Bloomberg. The company shipped $2.9 billion in AI-optimized servers in the quarter, executives said. The metric was a step down from the $3.1 billion reported in the preceding period. “AI is a robust opportunity for us with no signs of slowing down,” Dell Chief Operating Officer Jeff Clarke said in the statement. He touted orders of AI servers in the quarter hitting $3.6 billion and growth “across all customer types.” For the quarter ending in February, Dell gave a revenue outlook of about $24.5 billion. Analysts, on average, projected $25.4 billion. Adjusted earnings will be $2.40 a share to $2.60, compared with the average estimate of $2.66. HP’s outlook also failed to impress. Earnings, excluding some items, will be 70 cents to 76 cents a share in the period ending in January, the Palo Alto, California-based company said. Analysts, on average, projected 86 cents. “Weaker-than-expected Personal Systems sales and profit were the biggest drag on HP’s fiscal 4Q results, and its below-consensus 1Q EPS guidance suggests little improvement in PC demand in the seasonally stronger December quarter,” Woo Jin Ho, an analyst at Bloomberg Intelligence, said in a note after the results.
Stock indexes drifted to a mixed finish on Wall Street on Thursday as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark index’s three-day winning streak. The Dow Jones Industrial Average added 0.1% and the Nasdaq composite fell 0.1%. Trading volume was lighter than usual as US markets reopened following the Christmas holiday. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.7%, and Amazon and Netflix each fell 0.9%. Tesla was among the biggest decliners in the S&P 500, finishing 1.8% lower. Some tech companies fared better. Chip company Broadcom rose 2.4%, Micron Technology added 0.6% and Adobe gained 0.5%. Health care stocks were a bright spot. CVS Health rose 1.5% and Walgreens Boots Alliance added 5.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3%, Ross Stores added 2.3%, Best Buy rose 2.9% and Dollar Tree gained 3.8%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. US-listed shares in Honda and Nissan rose 4.1% and 16.4% respectively. The Japanese car makers announced earlier this week that the two companies are in talks to combine. All told, the S&P 500 fell 2.45 points to 6,037.59. The Dow added 28.77 points to 43,325.80. The Nasdaq fell 10.77 points to close at 20,020.36. Wall Street also got a labour market update. US applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years, the Labour Department reported. Treasury yields mostly fell in the bond market. The yield on the 10-year Treasury slipped to 4.58% from 4.59% late on Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar.NINGDE, China , Dec. 25, 2024 /PRNewswire/ -- On December 24th, CATL officially launched the CATL Bedrock Chassis, the world's first ultra-safe skateboard chassis. With its outstanding performance of withstanding 120 km/h frontal impact without catching fire or exploding, CATL's Bedrock Chassis sets a new standard for intelligent chassis safety, providing comprehensive protection across all scenarios and speed ranges. Lead the industry with the most stringent safety tests With the battery-centered design, CATL's Bedrock Chassis utilizes Cell-to-Chassis integration technology, which directly integrates the battery cells into the chassis, allowing for a shared structural design between them. And based on the decoupling of the chassis from the upper body, the Bedrock Chassis is capable of absorbing 85% of the vehicle's collision energy (compared to around 60% absorbed by traditional chassis). Through various technological breakthroughs, the Bedrock Chassis successfully passed the world's first "highest speed + strongest impact" dual extreme safety test. This achievement enables the chassis to pass the 120 km/h frontal central pole impact test without catching fire, exploding or thermal runway, redefining the benchmark for safety in the industry. Currently, the speed for frontal impact safety test in the commonly used C-NCAP (China New Car Assessment Program) is 56km/h, which, when experiencing a frontal impact at this speed, generates collision energy equivalent to falling from 12-meter-high building. In comparison, a frontal impact at 120km/h is equivalent to falling from a 56-meter-high building, generating a collision energy 4.6 times that of collision at 56km/h. In more stringent frontal pole crash tests, which simulate crashes with non-standard objects such as power poles, large trees, or animals, the impact area is only 1/6 of that in a full-width frontal impact, exponentially increasing impact pressure. At a speed of 120km/h, the impact pressure on the chassis per unit area in a frontal central pole impact is 21 times that of the 56 km/h full-width frontal impact in C-NCAP testing. Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test. With this extreme challenge, CATL's Bedrock Chassis has blazed a fresh trail for the industry. Open the era of ultra-safe transportation through three technological breakthroughs CATL's Bedrock Chassis has delved deep into the realm of structure and material innovation, leveraging three technological breakthroughs to provide unparalleled protection in all scenarios and speed ranges, ensuring rock-solid safety for the entire vehicle. The CATL Bedrock Chassis introduces a revolutionary three-dimensional biomimetic tortoise shell structure, where the body and energy unit framework are integrated, deeply coupled to provide the energy unit with indestructible protection. And its aircraft carrier-grade arresting structure disperses impact forces across multiple pathways during a crash, gradually decelerating the vehicle and significantly reducing the depth and speed at which obstacles intrude the cabin. The utilization of submarine-grade hot-formed steel with a strength of 2000MPa, aerospace-grade aluminum alloy with a strength of 600MPa, and multiple barrier structures further enhance the chassis' rigidity, making it virtually impervious. Moreover, the CATL Bedrock Chassis incorporates an ultra-safe battery cell design, NP technology, and a high-ductility energy-absorbing insulation film, leading the industry in a groundbreaking manner. In terms of high-voltage disconnection, it achieves instantaneous disconnection of high voltage circuit within 0.01 seconds of impact and completes the discharge of residual high-voltage energy in the vehicle within 0.2 seconds, setting a new industry record. Notably, the battery cells have undergone highly demanding tests, including high-speed sled impact tests at 60 km/h, 90-degree bending tests, and breakthrough sawing tests, the battery did not catch fire or explode across all three tests. These tests, all industry-firsts by CATL, have elevated the safety standards of battery cells to new heights. Unlocking the era of customization, and activating a trillion-yuan market The launch of the Bedrock Chassis not only redefines the standard for intelligent chassis safety but also activates a trillion-yuan market. It greatly accelerates the shift towards modular, personalized, and intelligent automotive design. Addressing the common pain points of high investment, long development cycles, and accelerated product iteration in the industry, the Bedrock Chassis incorporates three core characteristics: internal integration, decoupling of the chassis from the upper body, and external openness. With a rich array of toolkits and solution packages, it offers a scalable software and hardware architecture and standardized interfaces, enabling flexible configurations for different vehicle models and scenarios. This allows the realization of a "one chassis architecture, multiple vehicle models" concept and significantly improves development efficiency and shortens the R&D cycle. The time required for mass production of a vehicle is reduced from the traditional 36 months or longer to 12 to 18 months. Furthermore, the Bedrock Chassis breaks the limits of safety and modeling, and expands design flexibility through the design of decoupling of the chassis from the upper body. The fourth-generation Cell-to-Chassis (CTC) technology and inverted battery cell technology enhance the utilization of chassis space while reducing the risk of chassis scraping. Additionally, in terms of intelligence, the chassis supports mechanical decoupling, software decoupling and EE decoupling, enabling L3 to L4 intelligent driving capabilities. It provides high adaptability interfaces and promotes collaborative intelligent applications. At the launch ceremony, AVATR, the first automaker to use Bedrock Chassis, and CAIT-SH, CATL's skateboard chassis arm, signed an agreement to deepen cooperation on CATL's Bedrock Chassis to create a safer, higher-quality travel experience for users. Safety is a never-ending journey. In the future, CATL will continue to break technological barriers through continuous innovation, and work with partners to build a safe ecosystem for EV batteries and vehicles, safeguarding the safety of users.
NASHVILLE, Tenn. (AP) — Clara Strack scored 24 points and grabbed 10 rebounds, Teonni Key had 16 points and 13 rebounds and No. 14 Kentucky defeated Arizona State 77-61 on Tuesday in the Music City Classic to remain unbeaten. Kentucky nearly had four players with double-doubles as Georgia Amoore added 20 points and nine rebounds and Amelia Hassett had eight points and nine rebounds for the Wildcats (6-0), who shot 42% and scored 13 points off 14 Arizona State turnovers. Jalyn Brown scored 16 points and Nevaeh Parkinson added 12 points and nine rebounds for the Sun Devils (3-3). Arizona State shot just 30%. The Sun Devils cut a 19-point deficit to 11 after three quarters but a 6-0 burst with baskets by Key, Amoore and Strack built the lead back to 15 midway through the fourth. Kentucky led 42-23 at halftime after outscoring the Sun Devils 27-9 in the second quarter, scoring the first 13 points of the period with Struck putting in the final seven in the run. A couple ASU free throws later, the Wildcats went on an 11-2 run capped by a Hassett 3 and the lead was 20. Strack scored 14 points and Key 10 in the half. The teams continue play in the Music City Classic on Wednesday with Kentucky playing No. 19 Illinois and Arizona State facing South Dakota. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketballEmployee compensation up 13%
Stock indexes drifted to a mixed finish on Wall Street on Thursday as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark index’s three-day winning streak. The Dow Jones Industrial Average added 0.1% and the Nasdaq composite fell 0.1%. Trading volume was lighter than usual as US markets reopened following the Christmas holiday. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.7%, and Amazon and Netflix each fell 0.9%. Tesla was among the biggest decliners in the S&P 500, finishing 1.8% lower. Some tech companies fared better. Chip company Broadcom rose 2.4%, Micron Technology added 0.6% and Adobe gained 0.5%. Health care stocks were a bright spot. CVS Health rose 1.5% and Walgreens Boots Alliance added 5.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3%, Ross Stores added 2.3%, Best Buy rose 2.9% and Dollar Tree gained 3.8%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. US-listed shares in Honda and Nissan rose 4.1% and 16.4% respectively. The Japanese car makers announced earlier this week that the two companies are in talks to combine. All told, the S&P 500 fell 2.45 points to 6,037.59. The Dow added 28.77 points to 43,325.80. The Nasdaq fell 10.77 points to close at 20,020.36. Wall Street also got a labour market update. US applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years, the Labour Department reported. Treasury yields mostly fell in the bond market. The yield on the 10-year Treasury slipped to 4.58% from 4.59% late on Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar.Published 2:11 pm Tuesday, December 24, 2024 by Staff Reports Because no one logs more travel miles on Christmas Eve than Santa Claus, the Big Guy simply insists on being well prepared. That’s why earlier this month, at Santa’s request, the Mississippi Department of Transportation (MDOT) cleared St. Nick and his reindeer for all modes of travel in the state on Christmas Eve and awarded him an official Certificate of Travel Clearance. MDOT staff thoroughly inspected Santa’s extra wide sleigh load, ensuring it met all safety requirements. Permits were issued for his sack of toys surpassing posted weight limits, and Rudolph’s nose so bright met, but did not exceed, the illumination threshold. All takeoffs and landings to and from the homes of good children have been approved, and exceptions were granted for any last-minute “Nice List” additions. Email newsletter signup While at MDOT, Santa received reports on Mississippi drivers’ conduct from elves Darryl and Cheryl. Sadly, elven intel suggests some of the state’s motorists may receive a lump of coal this year. However, St. Nick insisted that with a few behavior adjustments and a sprinkle of Christmas spirit, even the most egregious drivers may be able to change their fate. Darryl and Cheryl also gifted Santa a reflective vest for extra safety and visibility along state highways. Currently, conditions appear favorable for sleigh flight on Christmas Eve. Motorists are advised to drive slow and be alert for sleighs, reindeer and their white-tailed cousins after dark on Christmas Eve. Blitzened driving is strictly prohibited. Meridian state Rep. Young dies at 62 Mississippi expects only a small growth in state budget Mississippi woman pleads guilty to stealing Social Security funds 2 credit unions in Mississippi and Louisiana are planning to merge
A man found guilty of crashing a stolen vehicle and illegally possessing a gun will serve nine years in prison. D.J. Tosiuo appeared in the Superior Court of Guam on Tuesday to be sentenced for charges stemming from a June incident that went viral on social media. The incident occurred after Tosiuo crashed a stolen vehicle and was stopped by a Good Samaritan while trying to escape. Tosiuo was later found to have a stolen gun in the vehicle. During the sentencing hearing, the Office of the Attorney General requested that Tosiuo serve 11 years for charges of possession of a firearm without a firearms ID and unregistered gun possession, both third-degree felonies; unauthorized use of a motor vehicle, a misdemeanor; and operating a vehicle without a valid driver's license, a violation. In response, Tosiuo's counsel, Tyler Scott from the Alternate Public Defender’s Office, argued that Tosiuo should serve three years. "This was not an act of violence. There was a firearm discovered in the vehicle he (Tosiuo) was operating. However, he never used that firearm. ... He never wielded (it). He wasn't waving it around. ... It just happened to be inside of that vehicle," Scott said. Presiding Judge Alberto Lamorena III, following Scott's arguments, noted that Tosiuo had been "in and out" of the criminal justice system and had "never really completed a probation (term)" in his prior cases. Lamorena sentenced Tosiuo to five years for possession of a firearm without a firearms ID, three years for unregistered gun possession and one year for unauthorized use of a motor vehicle, totaling nine years to be served at the Department of Corrections. Shooting In late June, Tosiuo was arrested and charged in connection with the stolen car collision. Before his apprehension, Tosiuo was wanted by the Guam Police Department in connection with a Maite shooting of a 14-year-old girl in May. He was also believed to be associated with alleged street gang leader Mesemwan Repwak, according to Post files. Tosiuo did not face charges related to the Maite shooting but was charged in connection with a June 11 shooting on South Okkodo Road. However, the Attorney General's Office filed a motion to dismiss those charges on Sept. 11. Since then, Tosiuo has been re-indicted on charges of aggravated assault and terrorizing, both third-degree felonies, with special allegations of a deadly weapon being used, unlawful discharge of a firearm and reckless conduct as misdemeanors. That case is currently active. However, Scott indicated at the sentencing hearing that he filed a motion to dismiss the indictment with prejudice, alleging it was filed in bad faith.
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