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Gus Malzahn is leaving his post as UCF's head coach to reunite with Florida State coach Mike Norvell as the Seminoles' offensive coordinator, ESPN reported on Saturday. Norvell, who served as a graduate assistant under Malzahn at Tulsa in 2007-08, relinquished his role as FSU's primary playcaller amid a staff shakeup this season. Florida State, 1-7 in the Athletic Coast Conference this season, entered Saturday's season finale against Florida at 2-9 and ranked No. 131 in the nation in total offense. UCF also endured a tough 2024 season, going 4-8 after losing eight of its last nine games. During Malzahn's four-year tenure, the Knights went 28-24, including 5-13 in the Big 12 Conference the last two seasons. Malzahn, 59, is 105-62 in 13 seasons as a college head coach, highlighted by a 68-35 mark in eight seasons at Auburn -- which included a BCS title game appearance in 2013. He served as offensive coordinator and playcaller when the Tigers won the national title in 2010. Malzahn will be tasked with revitalizing a Florida State offense that helped produce a 13-1 campaign in 2023, when the Seminoles were denied a spot in the College Football Playoff. Over the last three seasons at UCF, his rushing attack has been in the Top 10 in the nation. In his 19 seasons as a college head coach or offensive coordinator, Malzahn's teams have averaged 447.7 yards per game, and three of his teams eclipsed 7,000 yards in a season. --Field Level MediaThrivent Financial for Lutherans raised its stake in Maravai LifeSciences Holdings, Inc. ( NASDAQ:MRVI – Free Report ) by 14.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,645 shares of the company’s stock after buying an additional 26,885 shares during the period. Thrivent Financial for Lutherans owned 0.09% of Maravai LifeSciences worth $1,784,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Point72 Asset Management L.P. increased its holdings in Maravai LifeSciences by 149.6% in the second quarter. Point72 Asset Management L.P. now owns 3,519,561 shares of the company’s stock worth $25,200,000 after purchasing an additional 2,109,199 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of Maravai LifeSciences by 16.8% in the 2nd quarter. Mackenzie Financial Corp now owns 5,860,641 shares of the company’s stock valued at $41,962,000 after acquiring an additional 844,325 shares in the last quarter. Dragoneer Investment Group LLC acquired a new position in shares of Maravai LifeSciences during the 2nd quarter valued at $5,373,000. Renaissance Technologies LLC boosted its stake in Maravai LifeSciences by 20.8% during the second quarter. Renaissance Technologies LLC now owns 3,881,441 shares of the company’s stock worth $27,791,000 after acquiring an additional 668,552 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in Maravai LifeSciences by 12.3% in the second quarter. Millennium Management LLC now owns 5,968,592 shares of the company’s stock worth $42,735,000 after purchasing an additional 653,639 shares during the period. Institutional investors own 50.25% of the company’s stock. Insider Activity In other Maravai LifeSciences news, insider Carl Hull purchased 175,000 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was purchased at an average price of $5.64 per share, for a total transaction of $987,000.00. Following the transaction, the insider now owns 175,000 shares in the company, valued at $987,000. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . 0.63% of the stock is owned by company insiders. Analyst Upgrades and Downgrades View Our Latest Research Report on Maravai LifeSciences Maravai LifeSciences Trading Down 4.2 % Shares of Maravai LifeSciences stock opened at $5.67 on Friday. The stock has a market capitalization of $1.43 billion, a P/E ratio of -3.46 and a beta of 0.02. Maravai LifeSciences Holdings, Inc. has a 52-week low of $4.28 and a 52-week high of $11.56. The company has a debt-to-equity ratio of 0.89, a quick ratio of 9.94 and a current ratio of 10.74. The stock’s 50-day simple moving average is $7.04 and its 200 day simple moving average is $8.14. Maravai LifeSciences Profile ( Free Report ) Maravai LifeSciences Holdings, Inc, a life sciences company, provides products to enable the development of drug therapies, diagnostics, novel vaccines, and support research on human diseases worldwide. The company’s products address the key phases of biopharmaceutical development and include nucleic acids for diagnostic and therapeutic applications, antibody-based products to detect impurities during the production of biopharmaceutical products, and products to detect the expression of proteins in tissues of various species. Featured Stories Five stocks we like better than Maravai LifeSciences Technology Stocks Explained: Here’s What to Know About Tech The Latest 13F Filings Are In: See Where Big Money Is Flowing How to Effectively Use the MarketBeat Ratings Screener 3 Penny Stocks Ready to Break Out in 2025 How to Calculate Options Profits FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding MRVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Maravai LifeSciences Holdings, Inc. ( NASDAQ:MRVI – Free Report ). 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Drinks Don't miss out on the headlines from Drinks. Followed categories will be added to My News. Coca-Cola has issued a statement after copping huge backlash for creating an AI-generated Christmas commercial that fans labelled “disastrous”. Paying homage to the iconic drink’s 1995 “Holidays Are Coming” campaign, the new 15-second advert depicts a fleet of cherry red trucks driving down a snowy road to deliver ice-cold bottles of Coke to customers in a festively decorated town. But it’s a tiny disclaimer in small print on the video that reads, “created by Real Magic AI,” that has left people outraged. The brand has since defended its use of the controversial technology, stating it was a collaboration between humans and AI. “The Coca-Cola Company has celebrated a long history of capturing the magic of the holidays in content, film, events, and retail activations for decades around the globe,” the spokesperson said. “We are always exploring new ways to connect with consumers and experiment with different approaches. This year, we crafted films through a collaboration of human storytellers and the power of generative AI.” Coca-Cola has responded to backlash over its AI-generated Christmas ad. Picture: Supplied Consumers quite literally weren’t buying it, blasting the ad as a “creepy dystopian nightmare”. “The world is so over if the Christmas Coca-Cola advert is made with AI,” one user wrote on X, per The Independent. “Sad to see this was made with AI generated program,” another added in the YouTube comments. “I feel like I’m watching the death of art and our planet unfold in front of my eyes and no one IRL seems to care.” Others described the video, which has since gone viral for all the wrong reasons on social media as “garbage”, “ugly”, and “lazy”. Plenty of details are ‘off’, including Santa’s hand when holding this Coke bottle. Picture: Supplied But why has this short video sparked so much controversy? Aside from the “unbearably” choppy commercial (there are 10 shots in just 15 seconds), many commentators argued it’s a poor attempt to cheapen labour in the film and technology industry and kill jobs, Forbes reported. The quality of the production doesn’t hit the mark either, according to critics. Plenty of details are “off”, such as the truck wheels gliding across the ground without spinning, and the distinct lack of Santa Claus onscreen, with only his out-of-proportion hand, clutching a Coke bottle, seen. But Jason Zada, the founder of the AI studio Secret Level, one of the three Coca-Cola collaborated with on the project, argued that there is still a human component that creates the “warmth” in the clip. Zada told AdAge that harnessing generative AI for something as complex as a commercial is not as easy as just pressing a button, and Pratik Thakar, Coca-Cola’s vice president and global head of generative AI, explained that the company is bridging its “heritage” with “the future and technology” with the next-gen campaign. Using the technology, he argued, saves money — and, not to mention, time. “More than cost, it’s the speed,” Thakar told the outlet. “Speed is I would say five times, right? And that is a huge benefit. The production time would have taken, traditionally, much longer. So that is a huge benefit.” “And then you can do more, more variety, and more customised and more personalised,” he continued. “And that’s the way to go, with resources, rather than doing less and spending less.” More Coverage ‘Stunning’: Kmart selling $60 item for $15 Rebekah Scanlan ‘Banned’: Aussie couple’s house rule divides Rebekah Scanlan Originally published as Coca-Cola responds to backlash over AI-generated Christmas ad More related stories Drinks Influencer divides with mid-flight act An Australian travelling home from New York took it upon herself to whip up one of the delicacies she tried in the Big Apple. Read more Drinks $19 bottle named one Australia’s best Australia is renowned for making a good drop. But the best wines aren’t always a bargain. This one, a $19 bottle, was just named one of our best. Read moreTaylor Swift’s record-breaking ‘Eras’ tour set for final show
The Washington Commanders released 2023 first-rounder Emmanuel Forbes on Saturday, cutting ties with another high draft pick from the previous regime. All of previous coach Ron Rivera's first-rounders — including edge rusher Chase Young in 2020, linebacker Jamin Davis in ‘21 and wide receiver Jahan Dotson in '22 — are now gone. Forbes never showed progress to the new staff led by coach Dan Quinn and was a healthy scratch twice this season and did not play in two other games during which the 23-year-old was in uniform. It's unclear if Forbes' release means anything about the status of cornerback Marshon Lattimore , the Commanders' trade deadline pickup in early November who still has not played for them because of a hamstring injury. Lattimore was listed as doubtful for Washington's home game Sunday against Tennessee. The Commanders (7-5) also put running back Austin Ekeler on injured reserve because of a concussion . They elevated kicker Zane Gonzalez and defensive tackle Carl Davis from the practice squad in preparation for facing the Titans (3-8). Washington has lost three in a row to fall from first place in the NFC East to the conference’s final wild-card spot. The most recent loss, last weekend against division rival Dallas, came when Austin Seibert missed his second extra point of the game, which would have tied it with 21 seconds left. Seibert went on IR earlier in the week with a groin injury that Quinn said the kicker reported Monday. While injuries have piled up as the Commanders await their late bye week, the choice of Forbes has been second-guessed since the moment Rivera's front office chose the 166-pound Mississippi State defensive back with the 16th pick over Christian Gonzalez and others. Gonzalez was selected next, by New England, and has started 16 games for the Patriots. Forbes was benched last season by Rivera, who was in charge when Washington selected Davis ahead of offensive lineman Christian Darrisaw in '21 and traded down to take Dotson the following year instead of safety Kyle Hamilton or receiver Chris Olave. Forbes has two interceptions and 12 passes defensed in 20 games. AP NFL: https://apnews.com/hub/nfl
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