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2025-01-10 2025 European Cup ace is wild News
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ace is wild Bill Clinton is out of the hospital after being treated for the fluThe 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. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekEssential technology, done right (PRNewsfoto/Marvell Technology Group Ltd.) SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2025. Net revenue for the third quarter of fiscal 2025 was $1.516 billion , $66 .0 million above the mid-point of the Company's guidance provided on August 29, 2024 . GAAP net loss for the third quarter of fiscal 2025 was $(676.3) million, or $(0.78) per diluted share. Non-GAAP net income for the third quarter of fiscal 2025 was $373 .0 million, or $0.43 per diluted share. Cash flow from operations for the third quarter was $536.3 million . "Marvell's fiscal third quarter 2025 revenue grew 19% sequentially, well above the mid-point of our guidance, driven by strong demand from AI. For the fourth quarter, we are forecasting another 19% sequential revenue growth at the midpoint of guidance, while year-over-year, we expect revenue growth to accelerate significantly to 26%, marking the beginning of a new era of growth for Marvell," said Matt Murphy , Marvell's Chairman and CEO. "The exceptional performance in the third quarter, and our strong forecast for the fourth quarter, are primarily driven by our custom AI silicon programs, which are now in volume production, further augmented by robust ongoing demand from cloud customers for our market-leading interconnect products. We look forward to a strong finish to this fiscal year and expect substantial momentum to continue in fiscal 2026." Fourth Quarter of Fiscal 2025 Financial Outlook GAAP diluted EPS is calculated using basic weighted-average shares outstanding when there is a GAAP net loss, and calculated using diluted weighted-average shares outstanding when there is a GAAP net income. Non-GAAP diluted EPS is calculated using diluted weighted-average shares outstanding. Conference Call Marvell will conduct a conference call on Tuesday, December 3, 2024 at 1:45 p.m. Pacific Time to discuss results for the third quarter of fiscal year 2025. Interested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4fngg8m to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/ . A replay of the call can be accessed by dialing 1-888-660-6345 or 1-646-517-4150, passcode 47973# until Tuesday, December 10, 2024 . Discussion of Non-GAAP Financial Measures Non-GAAP financial measures exclude the effect of stock-based compensation expense, amortization of acquired intangible assets, acquisition and divestiture-related costs, restructuring and other related charges (including, but not limited to, asset impairment charges, recognition of future contractual obligations, employee severance costs, and facilities related charges), resolution of legal matters, and certain expenses and benefits that are driven primarily by discrete events that management does not consider to be directly related to Marvell's core business. Although Marvell excludes the amortization of all acquired intangible assets from these non-GAAP financial measures, management believes that it is important for investors to understand that such intangible assets were recorded as part of purchase price accounting arising from acquisitions, and that such amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Investors should note that the use of intangible assets contributed to Marvell's revenues earned during the periods presented and are expected to contribute to Marvell's future period revenues as well. Marvell uses a non-GAAP tax rate to compute the non-GAAP tax provision. This non-GAAP tax rate is based on Marvell's estimated annual GAAP income tax forecast, adjusted to account for items excluded from Marvell's non-GAAP income, as well as the effects of significant non-recurring and period specific tax items which vary in size and frequency, and excludes tax deductions and benefits from acquired tax loss and credit carryforwards and changes in valuation allowance on acquired deferred tax assets. Marvell's non-GAAP tax rate is determined on an annual basis and may be adjusted during the year to take into account events that may materially affect the non-GAAP tax rate such as tax law changes; acquisitions; significant changes in Marvell's geographic mix of revenue and expenses; or changes to Marvell's corporate structure. For the third quarter of fiscal 2025, a non-GAAP tax rate of 7.0% has been applied to the non-GAAP financial results. Marvell believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Marvell's financial condition and results of operations. While Marvell uses non-GAAP financial measures as a tool to enhance its understanding of certain aspects of its financial performance, Marvell does not consider these measures to be a substitute for, or superior to, financial measures calculated in accordance with GAAP. Consistent with this approach, Marvell believes that disclosing non-GAAP financial measures to the readers of its financial statements provides such readers with useful supplemental data that, while not a substitute for GAAP financial measures, allows for greater transparency in the review of its financial and operational performance. Externally, management believes that investors may find Marvell's non-GAAP financial measures useful in their assessment of Marvell's operating performance and the valuation of Marvell. Internally, Marvell's non-GAAP financial measures are used in the following areas: Non-GAAP financial measures have limitations in that they do not reflect all of the costs associated with the operations of Marvell's business as determined in accordance with GAAP. As a result, you should not consider these measures in isolation or as a substitute for analysis of Marvell's results as reported under GAAP. The exclusion of the above items from our GAAP financial metrics does not necessarily mean that these costs are unusual or infrequent. Forward-Looking Statements under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which are subject to the "safe harbor" created by those sections. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "projects," "believes," "seeks," "estimates," "forecasts," "targets," "may," "can," "will," "would" and similar expressions identify such forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, the statements describing our financial outlook and future period revenues. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, including, but not limited to: risks related to changes in general macroeconomic conditions, or expectations of such conditions, such as high or rising interest rates, macroeconomic slowdowns, recessions, inflation, and stagflation; risks related to our ability to estimate customer demand and future sales accurately; our ability to define, design, develop and market products for the Cloud, 5G markets, and Artificial Intelligence (AI) markets; risks related to our dependence on a few customers for a significant portion of our revenue, particularly as our major customers comprise an increasing percentage of our revenue, as well as risks related to a significant portion of our sales being concentrated in the data center end market; risks related to higher inventory levels; risks related to cancellations, rescheduling or deferrals of significant customer orders or shipments, as well as the ability of our customers to manage inventory; our ability to realize the expected benefits from restructuring activities; the risk of downturns in the semiconductor industry or our customer end markets; the impact of international conflict (such as the current armed conflicts in the Ukraine and in Israel and the Gaza Strip ) and economic volatility in either domestic or foreign markets including risks related to trade conflicts or tensions, regulations, and tariffs, including but not limited to, trade restrictions imposed on our Chinese customers; our ability to retain and hire key personnel; our ability to limit costs related to defective products; risks related to our debt obligations; risks related to the rapid growth of the Company; delays or increased costs related to completing the design, development, production and introduction of our new products due to a variety of issues, including supply chain cross-dependencies, dependencies on EDA and similar tools, dependencies on the use of third-party, business partner or customer intellectual property, collaboration and synchronization requirements with business partners and customers, requirements to establish new manufacturing, testing, assembly and packing processes, and other issues; our reliance on our manufacturing partners for the manufacture, assembly, testing and packaging of our products; risks related to the ASIC business model which requires us to use third-party IP including the risk that we may lose business or experience reputational harm if third parties, including customers, lose confidence in our ability to protect their IP rights; the risks associated with manufacturing and selling products and customers' products outside of the United States ; our ability to secure design wins from our customers and prospective customers; our ability to complete and realize the anticipated benefits of any acquisitions, divestitures and investments; decreases in gross margin and results of operations in the future due to a number of factors, including high or increasing interest rates and volatility in foreign exchange rates; severe financial hardship or bankruptcy of one or more of our major customers; the effects of transitioning to smaller geometry process technologies; risks related to use of a hybrid work model; the impact of any change in the income tax laws in jurisdictions where we operate and the loss of any beneficial tax treatment that we currently enjoy; the outcome of pending or future litigation and legal and regulatory proceedings; risk related to our Sustainability program; the impact and costs associated with changes in international financial and regulatory conditions; our ability and the ability of our customers to successfully compete in the markets in which we serve; our ability and our customers' ability to develop new and enhanced products and the adoption of those products in the market; supply chain disruptions or component shortages that may impact the production of our products including our kitting process or may impact the price of components which in turn may impact our margins on any impacted products and any constrained availability from other electronic suppliers impacting our customers' ability to ship their products, which in turn may adversely impact our sales to those customers; our ability to scale our operations in response to changes in demand for existing or new products and services; risks associated with acquisition and consolidation activity in the semiconductor industry, including any consolidation of our manufacturing partners; our ability to protect our intellectual property; risks related to the impact of the COVID-19 pandemic (or future pandemics) which have impacted, and for which lingering effects may continue to impact our business, employees and operations, the transportation and manufacturing of our products, and the operations of our customers, distributors, vendors, suppliers, and partners; our maintenance of an effective system of internal controls; financial institution instability; and other risks detailed in our SEC filings from time to time. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect our business described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. About Marvell To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better. Marvell ® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

F1 closer to approving expanded grid for GM entryThe 22-year-old will debut a few unreleased songs at NH7 Weekender this weekend Courtesy of artist Garv Taneja aka Chaar Diwaari isn’t just another name in the Indian music landscape—he’s a provocateur and a storyteller who thrives on challenging what’s normal. At only 22, the New Delhi-based artist has cultivated a style as introspective as it is visually arresting. This year has been a turning point, not for any flashy external milestones—despite the massive success of his seven-minute odyssey via the “LOVESEXDHOKA!!!” music video—but for the inner growth, he’s prioritized in 2024. (We love an introspective king.) For Taneja, music is an open-ended medium—an honest, first-person account meant to evoke interpretations rather than dictate them. This refusal to box his work reflects the broader evolution he’s undergone this year, unafraid to scrap projects like in favor of something truer to where he is now as an artist. Now, as he prepares for his debut at the NH7 Weekender in Pune, Diwaari is focused on experimentation, not just with his sound but with himself. This performance marks a new chapter in his journey, one where introspection and artistry collide on a grander stage: I think this year’s work has been more internal than external. I’ve just put out, think two songs this year. I just put out “Thehra” and “Dhoka”. I’ve taken a lot of steps to finding out , musically, visually. I was working on an EP before this and then I scrapped it. I made five songs and then I thought, I can do better than this—I made another one. And I’m about to finish that and I think I’ll drop that in a while. Yeah, that’s what’s been going on. I’ve been discovering a lot about myself—what I like, what I don’t like and what I’ll keep on doing. That EP was more or less autobiographical in a way. I was talking about myself, but while I was making it, I was discovering a lot of things about myself as I made it. I felt like, this is not enough. I need more, I need more songs and I need to do justice to an autobiographical project. I need more content. So I decided that I have a better idea for now. So I came up with a different EP and I kinda left it in the middle. Yeah, I think some of the tracks from might pop up in other projects. While working on the EP, I had this moment of realization—I was creating something, but I wasn’t entirely the person I was portraying in it. I started to see myself evolving differently, and that gave me a clearer vision as I went along. I’ve met so many people this year—filmmakers, behind-the-scenes professionals, and even some of my favorite artists. I think I met Indian Ocean this year too, and I love that band. But honestly, this year has been more of an internal journey for me. The outside world hasn’t influenced me much because I’ve started feeling saturated with the existing music, films, and people out there. I’ve realized that I want to create things that push beyond my current skill level. I have ideas I’m not quite able to execute yet, but I’m working towards them. I’m focused on improving my skills so I can do justice to those ideas and bring them to life with the execution they deserve. There are 2-3 unreleased songs I’m looking forward to playing there. Let’s see how it goes—I’ve never really done a full-on festival like this before. I think I did perform at Zero once, but NH7 is on a completely different scale, and that’s exciting. I’m eager to experiment with myself, to try new things, and to see what resonates with the audience. For me, everything is a learning experience, and this performance is no different. I’m ready to take it all in and grow from it. *laughs* Like, financially, physically, emotionally, it was the hardest project to make. Because I underestimated the scale of a seven-minute video. I thought that a normal music video was two to five minutes long, and it would be shot in two days. I think it took me a month to make this video. More or less, on-ground shoots...so I think, I think we shot five days, but those five days were across a month because every day we shot, we realized something had gone wrong. Then something else would go wrong. What also happened was that just before shooting, I kind of rewrote the entire script because I felt the story that we were originally going with was not cutting it. I kind of simplified it a lot and like made it a lot more linear. At the end of the day, it’s a music video. It should work in a way where it works on the surface but also tells the story that I want to tell. So we tried to do that, but we had a lot of backlash. We had a lot of things that went wrong on the set. Yeah man, learning experience again, everything is a learning experience. *laughs* I come to my music as a philosophy, you know? I’m behind it, but I’m not representing any thought or functioning for any ideology. I’m just doing what I feel—I have ideas, thoughts, and feelings, and I put them out into the world. And that’s about it, man. I don’t want to say anything or make any statements. Honestly, I don’t think I’m even capable of making a statement. The idea of making a statement feels entitled to me. People don’t need more statements—there are already enough philosophies out there. What I need more in a song is honesty. What I need in a project is originality. I want more unique things rather than just another f***king statement. It’s all first-person based. This is for the world to decide, to love or to hate. I’ve been watching a lot of films recently, and I really want to explore different uses of color in the future. There was this documentary I saw at the Dharamshala International Film Festival—can’t recall the name—but it had incredible fluorescent lights and a unique play of colours. Some scenes were shot in negative and others in more experimental formats, like infrared. It reminded me of that infrared sequence in , which I loved. I f**k with that idea. I’d also love to work with prosthetics and practical effects at some point—really get into the tactile side of filmmaking. Of course, that kind of experimentation would require a crazy budget, but we’ll get there eventually. I want to collaborate with artists who create incredibly rich music. When I listen to their work, it makes me feel small because their music is so expansive and profound. For example, I’d love to work with Indian Ocean or someone like Amit Reddy, who is way beyond my region and leagues ahead of me musically. I’ve realized that seeing people I genuinely look up to at work fills me with a kind of joy that makes everything feel worthwhile. It’s one of those things that gives life meaning. I’d also love to collaborate with someone like Salim Merchant. These are the artists I dream of working with. Simply that there are definitely some people out there who are really putting in the work. There’s Dhanji’s work and also “Yati” by Nanku, and they’re great examples of artists pushing boundaries. Recently, I’ve also come across some emerging talents who are doing exciting things. For me, originality is key. I’m drawn to sounds that feel fresh and new. With the advent of AI, I think the only edge we have left as artists is our functionality and thoughts—AI tends to throw craft and skill out the window. That said, I feel like the scene is saturated, especially in pop and even in indie. It’s often the same trap-style music being recycled. I really want to see people create what they genuinely feel, instead of trying to emulate other artists. For me, it’s all about a unique combination of emotions coming through in the music.” I don’t think I’m excited anymore, man. *laughs* Between the last interview and now, I’ve learned a lot more about AI and how it works, and honestly, it feels more scary than exciting. It’s like a technological leap as monumental as fire—like we’ve invented fire all over again. There’s this notion that it could be our last major invention because once we hit Advanced General Intelligence or AGI, things will just escalate from there. I’ve seen so many AI-generated videos recently, and it’s overwhelming. It’s a nonlinear development curve, and it’s happening way too fast. I’m not even worried about AI replacing people—it’s more the fact that we’ve essentially created life in some way. But it’s still too early to say much about where it’s all headed. I’m planning to release a lot of music in 2025. I’ve already got a bunch of songs that are almost finished, and my focus is on putting them out there. After the EP, I want to start gearing up for an album. True, bro. I 100 per cent agree—India isn’t an album audience. Very few artists have released albums that feel truly intentional, where the whole record is designed to flow from start to finish with purpose. Someone like Dhanji with , or by Prabh Deep—those are the only two albums that come to mind when I think of independent artists who’ve genuinely committed to the format. A lot of big artists tend to just compile whatever songs they’ve been working on and call it an album, and while I’m not a fan of that approach, I don’t look down on it either—it’s just another way of working. Personally, I want my album to have intention behind it. That said, I don’t want my first album to be my best. I just want to make a good album and learn from the experience. I want to at least get my hands dirty first. That’s why I’m not talking about the name of my next project. I think they kind of jinxed it with . Because I said it too early. And then it just kind of never happened. *laughs* You can grab your

5 players from Team Canada junior to watchOregon Football Legend Posts Strong Message on Ryan Day, Ohio State

Percentages: FG .466, FT .692. 3-Point Goals: 9-25, .360 (Reilly 4-10, Timko 3-7, Lane 1-2, Camden 1-4, Allen 0-1, M.Emory 0-1). Team Rebounds: 3. Team Turnovers: 1. Blocked Shots: 4 (H.Emory 3, Lane). Turnovers: 5 (Lane 2, H.Emory, Pasha, Reilly). Steals: 3 (Jerome, Lane, Pasha). Technical Fouls: None. Percentages: FG .420, FT .667. 3-Point Goals: 6-23, .261 (Alvarez 2-7, T.Weeks 2-9, Ty.Weeks 1-1, Young 1-2, Burton 0-1, Cruz 0-3). Team Rebounds: 3. Team Turnovers: 1. Blocked Shots: 3 (Cruz 2, Ty.Weeks). Turnovers: 6 (Alvarez, Burton, Cruz, T.Weeks, Ty.Weeks, Young). Steals: 2 (T.Weeks 2). Technical Fouls: None. A_1,328 (1,950).

President-elect Donald Trump may face significant challenges in filling key Cabinet positions, as several of his nominees are expected to encounter strong opposition from Senate Republicans . With a GOP-controlled Senate, Trump could be forced to rely on acting secretaries for some departments, a strategy he employed extensively during his first term, The Hill reports . Under the Federal Vacancies Reform Act, acting officials can serve in their roles for up to 210 days without Senate confirmation, with potential extensions if a nominee is still under consideration. During his first term, Trump frequently used acting secretaries, resulting in more than 2,700 combined days across 22 Cabinet-level positions by February 2020, the report read. Also Read: Trump’s Proposed Tariffs Target Mexico, Canada, US Automakers; Wall Street Shrugs Off Concerns, Soars To Record Highs: This Week In The Markets This was more than three times the total of acting officials under President Barack Obama ‘s eight years in office. Notable Trump picks, including Defense Secretary-designate Pete Hegseth , HHS Secretary-designate Robert F. Kennedy Jr. , and Director of National Intelligence pick Tulsi Gabbard , are expected to face tough scrutiny from the Senate. According to Sen. Markwayne Mullin (R-Okla.), the plan is to have experienced deputies ready to support acting secretaries and ensure the smooth operation of agencies. This strategy could mitigate some of the concerns that arose from past acting officials, such as Chad Wolf , whose authority as acting Secretary of Homeland Security was challenged in court. However, some political analysts suggest that Trump may not resort to acting appointments as frequently this time, given the narrow GOP majority in the Senate. If confirmation battles become too distracting, it could impact the Trump administration’s broader agenda, The Hill adds. Read Next: Morgan Stanley Sounds Alarm For Markets In 2025: ‘S&P 500 Is Extremely Expensive' Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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