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Percentages: FG .429, FT .738. 3-Point Goals: 2-15, .133 (Taylor 2-8, Phelps 0-2, Wilcher 0-2, Carter 0-3). Team Rebounds: 5. Team Turnovers: 1. Blocked Shots: 6 (Washington 4, Garcia, Obaseki). Turnovers: 12 (Phelps 4, Coleman 3, Taylor 3, Carter, Washington). Steals: 5 (Hefner 2, Carter, Garcia, Wilcher). Technical Fouls: Washington, 12:23 first. Percentages: FG .412, FT .882. 3-Point Goals: 6-26, .231 (Harper 2-6, Bailey 2-8, Williams 1-2, Hayes 1-5, Acuff 0-1, Davis 0-1, Derkack 0-1, Grant 0-2). Team Rebounds: 10. Team Turnovers: None. Blocked Shots: 1 (Harper). Turnovers: 16 (Bailey 4, Williams 4, Derkack 2, Martini 2, Acuff, Hayes, Ogbole, Sommerville). Steals: 7 (Bailey 2, Derkack, Grant, Hayes, Martini, Williams). Technical Fouls: Williams, 12:23 first. .
Week 12 has started with an upset. The Cleveland Browns prevailed over the Pittsburgh Steelers 24-19 on Thursday Night Football , surviving the elements of the first snow game of the 2024 season. Philadelphia news 24/7: Watch NBC10 free wherever you are Cleveland took a commanding 18-6 lead early in the fourth quarter with Pittsburgh unable to find offensive rhythm, but it came back to seize a 19-18 lead late on fueled by forcing turnovers in the weather. However, Jameis Winston responded with a late nine-play, 45-yard drive to give Cleveland the advantage again. Russell Wilson had the chance to reply one last time for the win, but the Browns swatted down his last-ditch Hail Mary attempt. The @Browns knock it down for the win! pic.twitter.com/fhz53gmwDc The shock result moves Cleveland to 3-8, while Pittsburgh dropped to 8-3 in an AFC that is tight at the top. Let's analyze the game further with winners and losers: WINNER: Nick Chubb, Browns Chubb has been far from his best after returning from gruesome leg injuries sustained last season, but he played a pivotal role for Cleveland. The 28-year-old rushed for 59 yards on 20 carries for two touchdowns, including the eventual game winner. CHUBB. SIX. @BROWNS LEAD WITH 57 SECONDS LEFT! #PITvsCLE on Prime Video Also streaming on #NFLPlus pic.twitter.com/kP6KMO7Aq6 It was his first multi-rushing touchdown game since Halloween of 2022. Though this game may not spur Cleveland up the AFC ladder, it's a positive sign for Chubb to pick up individual momentum. LOSER: Steelers' offensive weapons The Steelers typically deploy a robust defense under Mike Tomlin, but the offensive talent around Wilson has been in question. Mike Williams was acquired at the deadline, but he's still yet to produce for any team this season and did not feature in this game. Wilson completed 21 of 28 passes for 270 yards, one touchdown and a pick, but the offense's inability to consistently move the chains in the first three quarters was evident. Pittsburgh's downfall in this game may have just foreshadowed how its season could end against stronger teams. WINNER: Snow games Cleveland hosted the first snow game of the season. While the temperature and field was just fine during the first half, the snow kicked it up a notch in the second. this is not TV static, this is in fact snow in downtown Cleveland 🤣 pic.twitter.com/qw097kwTt7 It predictably resulted in more drops by receivers and fumbles. The two teams combined for five fumbles, with three recovered by the opposition. Cleveland's fourth-quarter miscue could've been costly, but it held on for the victory. LOSER: Third-down disparity Most of the key team stats point to this being a game the Steelers let slip away. Specifically, the third-down disparity ended on a brutal note from Pittsburgh's point of view. Pittsburgh converted on a solid 7-for-16 third downs, and had more total yards, drives and possession time along with fewer penalties. Cleveland, on the other hand, converted on just 1-for-10 third downs. But it flipped the switch when it mattered the most, moving the chain on all four fourth-down attempts. Pittsburgh wasn't limited by the snow given how it managed to retake the lead during the pouring, but the statistics will definitely frustrate Mike Tomlin and Co. WINNER: Jerry Jeudy, Browns After a slow and poor first eight weeks of the season, Jeudy has found improved form with Winston as QB1. He ended the game with six catches on six targets for 85 yards, coming up big whenever the Browns needed him. It also marked four straight games of at least five or more catches for the 25-year-old. While that might not sound like a lot for the former first rounder, he logged three straight games of just one catch each from Weeks 5-7. Jerry Jeudy in his last 4 games 🔸 24 catches 🔸 17 catches gaining 10+ yards 🔸 15.8 yards per reception 🔸 94.75 yards per game pic.twitter.com/gidRpxY4rE Last time out against the Saints he recorded six catches on 11 targets for a season-high 142 yards and a score.SUGAR LAND, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) (" AOI ,” " we ,” " us ” or " our ”) expects to enter into transactions with holders of its 5.25% Convertible Senior Notes due 2026 (the " 2026 Notes ”) to exchange approximately $80 million principal amount of the 2026 Notes for aggregate consideration consisting of a combination of (i) Convertible Senior Notes due 2030 (the " 2030 Notes ”), (ii) shares of our common stock (the " Exchange Shares ”) and (iii) cash representing accrued interest on the 2026 Notes and the value of fractional shares, if any (such transactions, collectively, the " Exchanges ”). Final terms for the Exchanges will be determined at the time of pricing. The 2030 Notes will be our senior, unsecured obligations and will be equal in right of payment with our existing and future senior, unsecured indebtedness, senior in right of payment to our existing and future indebtedness that is expressly subordinated to the 2030 Notes and effectively subordinated to our existing and future secured indebtedness, to the extent of the value of the collateral securing that indebtedness. The 2030 Notes will be convertible at the option of holders of the 2030 Notes under certain specified circumstances, as set forth in the indenture governing the 2030 Notes. We will settle conversions by paying or delivering, as applicable, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election, based on the applicable conversion rate. Following the completion of the Exchanges, we may engage in additional exchanges or repurchase, induce conversions of, or exercise our right to redeem the 2026 Notes. Holders of the 2026 Notes that participate in any of these exchanges, repurchases or induced conversions may purchase or sell shares of our common stock in the open market to unwind any hedge positions they may have with respect to the 2026 Notes or our common stock or to hedge their exposure in connection with these transactions. These activities may adversely affect the trading price of our common stock and the 2030 Notes we are offering. There can be no assurance that the Exchanges will be completed. The issuance and sale of the 2030 Notes and the Exchange Shares pursuant to the Exchanges are being made in transactions exempt from registration pursuant to Sections 3(a)(9) and 4(a)(2) under the Securities Act of 1933, as amended. Raymond James & Associates, Inc. is acting as AOI's exclusive financial advisor in connection with the Exchanges. Concurrently with the Exchanges, AOI announced today that it intends to commence an offering of shares of its common stock in a registered direct offering (the " Registered Direct Offering ”). We intend to use the net proceeds, if any, from the Registered Direct Offering for general corporate purposes, which may include, among other things, capital expenditures and working capital. We may also use such proceeds to fund acquisitions of businesses, technologies or product lines that complement our current business; however, we have no present plans, agreements or commitments with respect to any potential acquisition. Raymond James & Associates, Inc. is acting as the sole placement agent in connection with the Registered Direct Offering. The Registered Direct Offering is being made pursuant to an automatic shelf registration statement on Form S-3ASR (Registration File No. 333-283905), which was filed with the U.S. Securities and Exchange Commission (the " SEC ”) on December 18, 2024, and became effective immediately upon filing, including the prospectus contained therein. A preliminary prospectus supplement and accompanying base prospectus relating to and describing the terms of the Registered Direct Offering was filed with the SEC pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the " Securities Act ”) on December 18, 2024, copies of which may be obtained from Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, or by telephone at (800) 248-8863, or by e-mail to [email protected] . Electronic copies of the preliminary prospectus supplement and accompanying prospectus are also available on the website of the SEC at http://www.sec.gov. The Exchanges and Registered Direct Offering are expected to close concurrently on or about December 23, 2024, subject to customary closing conditions. Haynes Boone LLP is acting as legal advisor to AOI and Mayer Brown LLP is acting as legal advisor to Raymond James & Associates, Inc., in connection with the Exchanges and the Registered Direct Offering. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Forward-Looking Information This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe,” "may,” "estimate,” "continue,” "anticipate,” "intend,” "should,” "could,” "would,” "target,” "seek,” "aim,” "predicts,” "think,” "objectives,” "optimistic,” "new,” "goal,” "strategy,” "potential,” "is likely,” "will,” "expect,” "plan” "project,” "permit” or by other similar expressions that convey uncertainty of future events or outcomes. Such forward-looking statements reflect the views of management at the time such statements are made. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations, which could cause our actual results to differ materially from those anticipated in such forward-looking statements. These risks and uncertainties include but are not limited to: reduction in the size or quantity of customer orders; change in demand for our products due to industry conditions; changes in manufacturing operations; volatility in manufacturing costs; delays in shipments of products; disruptions in the supply chain; change in the rate of design wins or the rate of customer acceptance of new products; our reliance on a small number of customers for a substantial portion of its revenues; potential pricing pressure; a decline in demand for our customers' products or their rate of deployment of their products; general conditions in the internet datacenter, cable television (CATV) broadband, telecom, or fiber-to-the-home (FTTH) markets; changes in the world economy (particularly in the United States and China); changes in the regulation and taxation of international trade, including the imposition of tariffs; changes in currency exchange rates; the negative effects of seasonality; the impact of any pandemics or similar events on our business and financial results; and other risks and uncertainties described more fully in our documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024 and September 30, 2024. More information about these and other risks that may impact our business are set forth in the "Risk Factors” section of our quarterly and annual reports on file with the SEC. You should not rely on forward-looking statements as predictions of future events. All forward-looking statements in this press release are based upon information available to us as of the date hereof, and qualified in their entirety by this cautionary statement. Except as required by law, we assume no obligation to update forward-looking statements for any reason after the date of this press release to conform these statements to actual results or to changes in our expectations. About Applied Optoelectronics Applied Optoelectronics Inc. (AOI) is a leading developer and manufacturer of advanced optical products, including components, modules and equipment. AOI's products are the building blocks for broadband fiber access networks around the world, where they are used in the CATV broadband, internet datacenter, telecom and FTTH markets. AOI supplies optical networking lasers, components and equipment to tier-1 customers in all four of these markets. In addition to its corporate headquarters, wafer fab and advanced engineering and production facilities in Sugar Land, TX, AOI has engineering and manufacturing facilities in Taipei, Taiwan and Ningbo, China. Investor Relations Contacts: The Blueshirt Group, Investor Relations Lindsay Savarese +1-212-331-8417 [email protected] Cassidy Fuller +1-415-217-4968 [email protected]
Drew Lock likely to start at QB for the Giants against the Colts on Sunday
Air traffic control language is commendably succinct. The advisory message that was sent out by the US Command Center at 11.50am GMT on Christmas Eve read: “Nationwide ground stop for all AAL Main and Subs”. AAL is , and the instruction to air traffic controllers across the US (and, as it emerged, the world) was to prevent the carrier’s planes from taking off. The fact that it affected “Subs” – smaller airlines flying regional trips for American, as well as the mainline operation – suggested something had gone awry with the departure control system. This is the technology that manages crucial elements of dispatching a flight, from check-in to load control – ensuring that the weight of passengers, cargo and fuel is appropriately distributed on the plane. The ground stop ended just an hour after it had begun. That was excellent news for the frustrated passengers packed on board flight AA137 from London to Los Angeles. The Boeing 777 pushed back from the gate on schedule at 11.15am but then held on the ground until the order was lifted. It finally took off at 1pm and is expected to reach California more than an hour late, jeopardising onward connections. In its post-meltdown statement, American Airlines followed standard aviation PR practice of blaming a third party: “A vendor technology issue briefly affected flights this morning. That issue has been resolved and flights have resumed. “It’s all hands on deck as our team is working diligently to get customers where they need to go as quickly as possible.” Good luck with that. The Christmas choreography of air traffic control does not respond well to a giant airline’s entire fleet (save for those already airborne) being held on the ground for an hour. I estimate around 300 flights, all with the necessary air traffic control clearances, were due to depart in that forbidden hour. Those precious permissions cannot simply be held over for the next hour: American Airlines itself has another 300 planes to dispatch in that timeframe. The departure from Heathrow to Charlotte, due out 40 minutes after the ground stop was lifted, took off an hour behind schedule. For connecting passengers, that raises stress levels. Add the uncertainty of how long it will take to clear US Customs and Border Protection, as every arriving passenger must do even if they are transferring to another international flight, and the prospect of reaching their destination before 25 December recedes. All this is happening when airline passengers are heavily invested, emotionally as well as financially, in their festive travel plans. The capacity for aviation to generate a novel nightmare scenario each Christmas knows no bounds. Particularly cruel incidents include at in 2018, which caused the Sussex airport to be closed for three days in the build-up to 25 December – grounding 1,000 flights and wrecking the plans of 150,000 travellers. Five years earlier, in the early hours of Christmas Eve 2013, the basement of Gatwick’s North Terminal flooded. , leading to around 100 flights being cancelled and stranding 11,000 passengers. when heavy snow halted operations for days and thwarted the plans of 600,000 travellers. What lesson can we learn from such flightmares before Christmas? That the more important your journey, the more days you should allow to rearrange your schedule if your plans unravel. Or stay put for the festive season and wait for fares and stress to subside. On Boxing Day, British Airways wants £1,080 for a round-trip from Gatwick to Tampa in Florida for a week; I am leaving 10 days later and paying less than half as much.Next-Gen Revolution? Nvidia’s Game-Changer GPUs Rock the AI World
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