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BlackSky Technology ( BKSY 3.37% ) missed analyst forecasts for both sales and earnings earlier this month, but investors didn't seem to mind very much. Shares of the commercial spy satellite operator actually closed out last week above $8, gaining about 9% from their pre-earnings price. Considering that this space stock missed analyst sales forecasts by more than 18% (sales were $22.5 million rather than the $27.5 million forecast), and missed on earnings, too (losing $0.66 per share instead of just $0.65), investors' enthusiasm for the stock is a little surprising. Maybe more than a little, considering the stock has been relatively unpopular among space investors since conducting a reverse stock split in September. Ordinarily, the math of "reverse split plus earnings miss equals rising stock price" wouldn't seem to add up. So why is BlackSky stock on the rise these days? BlackSky by the numbers Let's take a closer look at the third-quarter numbers and see if we can find out. Year to date, management pointed out, sales are up 22% at BlackSky. But Q3 in particular seems to have been a weak sales quarter in a strong sales year. Quarterly sales came in just 6% above Q3 2023 levels. (And on the bottom line, BlackSky flipped from a Q3 2023 profit to a Q3 2024 loss.) But not to worry, says management. While BlackSky may have billed only $22.5 million in revenue in Q3, it signed multiple "multi-year contract bookings" and they're worth "up to $780 million" in total, in future revenue. Two of these contracts bear special mention. For "up to" $290 million spread over five years, BlackSky will "monitor global economic and environmental activity and military capability," including "objects of interest such as aircraft, ships, vehicles, and shipping containers," for the National Geospatial Intelligence Agency (NGA). BlackSky also received an indefinite delivery, indefinite quantity ( IDIQ ) contract to support NASA Earth observation research missions through November 2028, and this one is worth "up to" $476 million. Add them up, and these two contracts account for $766 million of the $780 million in work BlackSky seems to be saying it won in the quarter. For a company that collected just $107 million in revenue over the past year, that would qualify as real hypergrowth -- a parabolic uptick in sales. Even spread out over five years, $766 million works out to an extra $153 million in annual sales -- more than 140% growth. Caveats and provisos But don't forget to read the fine print. While BlackSky's descriptions of its contract wins sound promising, the company was a bit vague on the details, and about one detail in particular. Specifically: If you examine the contract awards themselves, rather than just the press releases that BlackSky put out about them, or the even more terse summaries in the earnings release, it turns out that both of these contracts were awarded to multiple winners, of which BlackSky was only one. Put another way, BlackSky didn't win hundreds of millions of dollars in revenue -- but merely the right to bid against others for the work. For example, the $290 million NGA award will be divided up among 10 separate winners, including heavyweights such as Airbus , Booz Allen Hamilton , and Maxar Intelligence. Similarly, NASA's gigantic $476 million "Commercial SmallSat Data Acquisition Program On-Ramp Multiple Award contract" names seven other winners in addition to BlackSky. To win a share of the loot, BlackSky must beat out heavyweights such as MDA Geospatial, Planet Labs , and Teledyne . BlackSky will grow, but a lot slower than "hyper" Now, there's every reason to hope BlackSky will be able to successfully bid for and receive a share of the work under both these awards. In particular, the company noted that it's already won at least one NGA award in the past (worth $60 million). But investors expecting BlackSky to get all $766 million of the monies on offer are in for a rude surprise. BlackSky getting all the money on offer, I fear, is probably a pipe dream. As only one among 10 companies bidding on the NGA contract, and one of eight bidding on the NASA contract, BlackSky's actual winnings will almost certainly end up a small fraction of the total -- and could be nothing at all. And as for BlackSky turning an actual profit, even the most optimistic analysts don't see that happening before 2027 at the earliest.‘Gladiator II’ review: Are you not moderately entertained?EAST RUTHERFORD, N.J. (AP) — Tampa Bay Buccaneers quarterback Baker Mayfield embarrassed the woeful Giants with his arm and legs, and if that wasn't enough, he rubbed it in by mimicking New York fan favorite Tommy DeVito's celebratory dance after scoring a touchdown. Mayfield catapulted into the end zone on a spectacular 10-yard scramble for one of Tampa Bay's four rushing TDs, and the Buccaneers beat the Giants and new starting quarterback DeVito 30-7 on Sunday, snapping a four-game losing streak and extending New York's skid to six. With both teams struggling and coming off byes, most of the focus leading up to the game was on the Giants' decisions this week to bench and then release quarterback Daniel Jones. The brash DeVito was given the starting job and asked to spark coach Brian Daboll's team, as he did last season. Instead, Mayfield provided the energy with his play and his trolling of DeVito. “Tribute to Tommy,” said a straight-faced Mayfield, who was 24 of 30 for 294 yards. “He’s a good dude, that’s why. Most of the times, I don’t know what I’m going to do. It’s spontaneous.” Mayfield was asked several times about the gesture and admitted he wanted to give Giants fans something they liked, adding he met DeVito at the Super Bowl in Las Vegas in February. “He had his chain blinged out, swag walking through the casino. It was awesome,” Mayfield said. “It was like a movie scene, honestly.” DeVito did nothing to help the NFL's lowest-scoring offense. He threw for 189 yards, mostly in the second half with New York well on its way to its sixth straight loss at home, where it is winless. Meanwhile, the Buccaneers dominated in every phase in a near-perfect performance that featured TD runs of 1 yard by Sean Tucker, 6 yards by Bucky Irving and 1 yard by Rachaad White. After recent losses to the Ravens, 49ers and Chiefs, Tampa Bay (5-6) moved within one game of idle Atlanta in the NFC South. “We’re hoping it builds confidence,” Mayfield said. “We have a belief that we are still sitting and controlling our own destiny.” Tampa Bay scored on five of its on first six possessions to open a 30-0 lead, and none was more exciting than Mayfield's TD run with 12 seconds left in the first half. On a second-and-goal from the 10, he avoided pressure and went for the end zone. He was hit by Cor'Dale Flott low and Dru Phillips high around the 2-yard line, and he was airborne when he crossed the goal line. The ball came loose when he hit the turf but he jumped up and flexed, DeVito-style, as the Bucs took a 23-0 lead. DeVito said players talked about the celebration in the locker room but he did not see it. Daboll was asked about the gesture and said Mayfield played well. He said the Giants' poor performance had nothing to do with Jones being released. “No excuse on that,” said Daboll, whose job is on the line despite making the playoffs in 2022. “We just didn’t do a good enough job.” “We played soft, and they beat the (expletive) out of us,” defensive tackle Dexter Lawrence added. Mayfield's favorite target Mike Evans returned to the lineup after missing three games with a hamstring injury and had five catches for 68 yards. Irving had 87 yards rushing and six catches for 64 yards. The Bucs held New York to three first downs and 45 yards in the first half, and they finished with 450 yards to the Giants' 245. DeVito had a 17-yard run in the fourth quarter to set up a 1-yard touchdown run by Devin Singletary. The brash New Jersey native was sacked four times, including once in the fourth quarter, which forced him to go to the bench for one play. Injuries Buccaneers: LT Tristan Wirfs (knee) did not play and Justin Skule replaced him. ... Tampa Bay lost OLB Joe Tryon-Shoyinka to an ankle injury in the second quarter and safety Jordan Whitehead to a pectoral injury in the fourth quarter. Giants: LT Jermaine Eluemunor (quad) and OLB Azeez Ojulari (toe) were hurt in the first quarter and did not return. Up next Buccaneers: At Carolina next Sunday. Giants: At Dallas on Thanksgiving AP NFL: https://apnews.com/hub/nflubet93 。

FedEx Corp. stock underperforms Thursday when compared to competitorsCHICAGO (WLS) -- The holiday shopping season is here and now's the perfect time to get some of the best deals. From must-have beauty products to rejuvenating self-care essentials, lifestyle expert Nekia Nichelle visited ABC 7 to share gift ideas to help your loved ones feel and look their best. 1. Giftly : Giftly allows flexible, multi-brand digital gifting. Their new MultiPlace Gifts blend local and national brands, offering customized experiences with AI-powered local recommendations. They offer personalized options for all recipients, from foodies to families. 2. SmartSKN : The Muilli AI Dermascope from SmartSKN is an AI-powered portable skin analyzer for home and professional use. The cutting-edge Korean technology features 60x magnification and a Bioimpedance sensor. No more guessing skincare solutions: AI robots create 25,000+ formulas for clean, plant-powered ingredients, that are perfect for all genders and ages. 3. Yep. Cosmetics : The XL Eyelash Serum from Yep. Cosmetics gives you natural, longer-looking, fuller lashes in only six weeks. Red Clover extract, vitamins, peptides and amino acids boost and nourish lash follicles. It's made with clean ingredients, and is paraben-free, vegan and cruelty-free. It's also safe to use with contact lenses or lash extensions. There's a 90-Day Satisfaction Guarantee or your money back. 4. Moss Pure : Other moss art is made of preserved moss. But Moss Pure is the world's first and only company to use 100% living moss. No watering, sunlight, or maintenance is needed. Living moss lasts indefinitely, with Moss Pure's scientifically certified air filter. The moss captures 30% of carbon dioxide daily for stress and allergen relief. It makes the perfect holiday gift for health and wellness, that is stylish and beautiful. You can find more information about these products at www.justnlife.com .

Snap Inc. is expanding its presence in Saudi Arabia with the establishment of a new office and the Kingdom’s first Creator Hub named, “Majlis Snap for Content Creators,” both located in the JAX district of Diriyah, a suburb of Riyadh. The move underscores the company's commitment to deepening engagement with its 25 million monthly active users in the country, supporting the thriving community of creators while also driving impact for partners and clients. To mark the occasion, Evan Spiegel, co-founder and CEO of Snap Inc. visited the Kingdom to officially cut the ribbon at the opening ceremony. The ceremony was attended by Saudi Minister of Investment (MISA) Khalid Al-Falih and Minister of Communications and Information Technology (MCIT) Abdullah Alswaha. The inauguration event also featured a conversation between Jomana Alrashid, CEO of SRMG, and Evan Spiegel about Snap’s journey and its popularity in the Kingdom. The establishment of the new office will support Snap’s ongoing partnership with the Ministry of Culture by upskilling local talent and inspiring the nation’s thriving cultural movement. Snapchat has become the home of digital connectivity in Saudi Arabia, with 25 million monthly active users, reaching 90 percent of 13-34-year-olds and opened on average 50 times per day. As Saudi Arabia undergoes rapid transformations, Snapchat remains an integral part of the social fabric, providing a space for users to be their true selves, with their closest circles. Snapchat’s emphasis on authenticity, creativity, and community has resonated deeply with Saudi audiences for over a decade, securing its place as one of the top platforms of choice for staying connected in KSA. “Saudi Arabia stands as one of our most dynamic growth markets, and this investment will not only enhance the experiences of our large community of Snapchatters, but also the content creators and advertisers seeking, and achieving, impressive engagement on the platform” said Abdulla Alhammadi, Managing Director, KSA at Snap Inc. “With the number of Snap Stars in Saudi Arabia nearly doubling over the past three years, we look forward to Majlis Snap for Creators – the first of its kind in the Middle East – becoming a catalyst for local creativity,” he added. Majlis Snap for Creators will provide hands-on support, educational programs, and collaborative opportunities designed to nurture and grow the local talent that thrives on the platform. To celebrate its launch, Snap’s co-founder and CEO hosted exclusive sessions with partners, the press and some of the Kingdom’s most valued creators, accelerating Snap’s mission to deepen connections with local creators. Hussein Freijeh, Vice President of Snap Inc. in the MENA region, said: “Our expansion of operations in the Kingdom symbolizes more than just a physical presence; it represents a deeper commitment to enhancing Saudi Arabia’s digital ecosystem. We aim to help supercharge the Kingdom’s creator economy, bolster innovation and encourage the powerful voices that make Saudi Arabia so special. This marks a huge milestone in our journey in KSA, and we look forward to strengthening our connection with Saudi partners and clients in line with the country's digital transformation agenda”. Snap's expanded presence in the Kingdom will also offer businesses opportunities to reach and engage with large, highly engaged audiences. With the number of active advertisers quadrupling in the last three years, Saudi Arabia has emerged as a key market for brands operating in the region. Snap Inc. is committed to providing innovative tools and technologies to help businesses unlock the full potential of this dynamic market. Snap, a technology company, contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and it's AR glasses, Spectacles. < Previous Page Next Page >Is ‘Glicked’ the new ‘Barbenheimer’? ‘Wicked’ and ‘Gladiator II’ collide in theatersHut 8 Operations Update for November 2024

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Cowboys win wild one vs. Commanders to halt five-game slideMIAMI , Dec. 5, 2024 /PRNewswire/ -- Lennar Corporation LEN , one of the nation's largest homebuilders, announced today that the Company will release earnings for the fourth quarter ended November 30, 2024 after the market closes on December 18, 2024 . Additionally, the Company will hold a conference call on December 19, 2024 at 11:00 a.m. Eastern Time . The call will be broadcast live on the Internet and can be accessed through Lennar's website at investors.lennar.com . If you are unable to participate during the live webcast, the call will be archived at investors.lennar.com for 90 days. Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States . Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com . Contact: Ian Frazer Investor Relations Lennar Corporation (305) 485-4129 View original content: https://www.prnewswire.com/news-releases/lennar-corporations-fourth-quarter-earnings-conference-call-to-be-broadcast-live-on-the-internet-302324202.html SOURCE Lennar Corporation © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Storm Bert is set to hit Northern Ireland this evening The Department of Agriculture, Environment and Rural Affairs (DAERA) has advised the public not to visit any country parks or forests due to weather warnings as a result of Storm Bert. The Met Office has issued a major update for people across the UK as a new storm is set to strike, with a yellow weather warning in place for Northern Ireland across Saturday for rain and snow. In a post on social media DAERA said: “In line with current @metofficeNI weather warning for high winds, we are advising the public not to visit affected forests, country parks & nature reserves on Sat 23 & Sun 24 Nov in affected areas until the high winds subside.” Traffic Watch NI has also warned of travel delays and disruption due to the weather and warned some ferry, air and rail journeys may be delayed. “A period of strong southeasterly winds is likely for a time on Saturday, with peak gusts of 50-60 mph in many parts of the warning area, but 60-70 mph in some coastal areas and also locally to the lee (northwest) of high ground, and perhaps in excess of 70 mph along some exposed coasts of Northern Ireland and western Scotland,” they said. "Outbreaks of rain on Friday night and into Saturday morning may be preceded by a spell of snow for a time, especially on high ground in northern and western areas. "Exactly where snow falls will depend quite heavily on both elevation and the intensity of precipitation, with any snow accumulations at low levels likely small and fairly short-lived. “However, there is the chance of temporary accumulations of 5-10 cm on ground typically above 150m and perhaps as much as 10-20 cm over mountain tops. "Any snow will quickly revert to rain on Saturday morning, with rain accumulations of 20-30 mm likely fairly widely, and perhaps as much as 40-60 mm on more exposed hills. “This, in conjunction with a rapid thaw of any lying snow, may cause some surface water and river flooding.” Salting of roads across Northern Ireland is also planned for Friday evening and for Saturday morning. Road users are advised to exercise caution when travelling, particularly when driving on untreated roads. Earlier today, Northern Ireland Water confirmed Silent Valley will be closed on both Saturday and Sunday and is scheduled to reopen on Monday due to the weather. Police have also warned drivers commuting to “drive to suit conditions” as a new warning is set to come into place due to the storm on Saturday. Translink have warned rural service routes such as Ballyclare, Larne, Cookstown, Ballymena and Magherafelt have all been impacted. Services from Belfast, Newcastle and Omagh did not run on this morning. The Met Office noted a risk of flooding power outages and delays as heavy rain, snow strong winds are expected ahead of further challenging conditions.Baker Mayfield mocks Tommy DeVito's celebration as the Bucs embarrass the Giants 30-7