jili29

jili29 Daniel Clancy, CEO of Twitch, has addressed growing concerns from streamers about declining ad revenue on their channels, shedding light on the platform's approach to advertisers and content. Clancy responded during the December 4 Patch Notes broadcast to a viewer’s query about reduced ad revenue on channels they moderate, particularly during the holiday season. His explanation highlighted recent updates to Twitch’s advertising policies. In November, Twitch implemented new labels for political content and streams addressing sensitive social issues, a topic Clancy elaborated on in his remarks. “There’s been a lot of confusion around this recently... a big thing that we need to do with advertisements is make sure we’re running ads against content that the advertisers want their content run against.” He explained that some advertisers had expressed concerns about being associated with sensitive or political content, which led to adjustments in how ads were placed. “For a period of time, there were a number [of advertisers] that were expressing concerns around being shown up near sensitive subjects in politics, and so we had reduced the ads there.” “Some people that were doing stuff around politics and sensitive social issues may have seen a reduction, because some advertisers weren’t running ads there.”

Art & culture on clubs’ menu this festive seasonOpenAI to partner with military defense tech companyVANCOUVER - Witnesses have described a chaotic scene leading up to a downtown Vancouver stabbing before the suspect was fatally shot by police in a convenience store. The witnesses say a man stole liquor and a knife from a restaurant then used the weapon to attack people in a 7-Eleven store across the street. “One of the kitchen guys came out, asked if he could help him, and the guy grabbed the knife and asked him if he wanted to die,” said Kylie Noel, who was working at the Original Joe’s restaurant at Robson and Hamilton streets on Wednesday. Her co-worker then told her to call police. The Vancouver Police Department said the suspect shot by police died in hospital. Police initially said on social media that “a number of people” were stabbed in the incident that was called in around 11:30 a.m., but Const. Tania Visintin told a briefing that one person was stabbed in the hand while another person suffered facial injuries. Both were treated in hospital and their injuries were not believed to be life threatening. Video captured by Mainul Islam, a student and part-time food delivery worker, shows police officers pointing their guns over the counter of the 7-Eleven, shouting at someone to “move over,” then firing at least 10 times. Islam said he had been picking up a food order when he saw a “homeless guy” trying to steal cigarettes behind the counter. He said staff were trying to stop the man. “And he just brought out his knife from his pocket, and he tried to stab ... the guy, but he ran away, and then he went to stab that lady. Maybe he already stabbed that lady in the back, I saw blood, but she was OK.” He said the police were there within minutes and “just shot this guy.” Another video shows two people being wheeled away on stretchers, with a firefighter performing chest compressions on one of them. Noel said that before the shooting, a man came into Original Joe’s and stood by the restaurant’s door, opened a laptop computer and “demanded a glass of water.” Noel said she refused, and went back to tell kitchen staff that the man was refusing to leave. She said he had left by the time other workers came out, but Noel then saw him outside with a bottle of alcohol she believed was stolen from the restaurant, which she later confirmed by watching security camera footage. When Noel returned to the restaurant’s main floor, the man was again behind the bar, and Noel ran back down to tell her colleagues in the kitchen. She said that was when the man grabbed the knife and threatened Noel’s co-worker. Noel said she ran into a neighbouring hotel lobby and stayed on the phone with police as she described the man. She said she watched him walk into the 7-Eleven across the street. “Maybe three minutes later the police showed up,” she said. In Islam’s video of the shooting, a stun gun held by an officer appears to have already been fired, with the wires trailing over the counter inside the convenience store. “Move over, right now. Move over,” one officer shouts at the unseen suspect before gunfire is heard. After the shooting, a man can be heard saying “Are you OK ma’am?” while a woman sobs. Andrew Cecil works at the Rosedale Hotel near the shooting scene and said he walked over to the 7-Eleven after the man had left Original Joe’s. “I saw him with his knife,” Cecil said. Cecil said the man went behind the counter and cornered an employee. A manager tried to “cool it” down while the man was swinging the knife around, Cecil said. He said police showed up shortly after and deployed a Taser, which “didn’t seem to affect him,” before the shots were fired. BC Emergency Health Services public information officer Rachelle Bown said in a statement that three ambulances with primary care paramedics, two ambulances with advanced care paramedics and one paramedic supervisor responded to the scene. — With files by Ashley Joannou This report by The Canadian Press was first published Dec. 4, 2024.

The Cougars and Beavers did not perform well in their matchups against teams from the MW.

An archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look onWomen, Tell Us The Dating Tips You Learned From Other Women That Help You Navigate Your Love LifeLOS ANGELES (AP) — Democrats and Republicans agreed on at least one thing before November’s election: California would play a central role in determining control of the U.S. House. Indeed it did. Democrat Adam Gray's come-from-behind victory over Republican Rep. John Duarte in a Central Valley farm-belt district Tuesday — the final House contest decided this year — gave Democrats their third pick-up of a GOP-held seat in the state, a small victory in a tough year for Democrats nationally. While Democratic wins narrowed the gap in the House, Republicans held their ground in two other toss-up contests that helped the GOP defend its fragile majority in Washington. Republicans won 220 House seats this election cycle , with Democrats holding 215 seats. Despite falling short of a majority, Democrats stressed that the party will gain seats next year, leaving the chamber even more closely divided. “Netting three seats was a very big deal,” Rep. Pete Aguilar, the third-ranking Democrat in the chamber, who lives in Redlands, east of Los Angeles, said in Washington. Democratic enthusiasm was tempered, however, by turnout figures that lagged the 2020 presidential election in the heavily Democratic state, even with Kamala Harris leading the Democratic ticket in her home state. Also, Republicans made incremental gains in the state Legislature. Voters overwhelmingly endorsed a ballot proposal that makes shoplifting a felony for repeat offenders again and increases penalties for some drug charges amid frustration over retail crimes, a proposal opposed by some Democrats. The election showed Democrats will need to pay closer attention to issues like crime and the cost of living, even in a state where the party holds every statewide office and dominates the Legislature and congressional delegation, Claremont McKenna College political scientist Jack Pitney said. In the House, Democrats “were hoping that California would push them over the top to gain a majority. But their gains elsewhere were not strong enough,” Pitney added, pointing to GOP wins in North Carolina. Gray won by a margin of less than 200 votes, with election officials reporting Tuesday all ballots had been counted. Duarte captured the seat in 2022 when he defeated Gray by one of the closest margins in the country, 564 votes. He was often listed among the most vulnerable House Republicans given that narrow margin of victory in a district with a Democratic tilt — about 11 points over registered Republicans. Gray said in a statement: “We always knew that this race would be as close as they come, and we’re expecting a photo finish this year, too.” In other Democratic House gains, first-time candidate Derek Tran ousted Republican Rep. Michelle Steel in a Southern California district anchored in Orange County, while Democrat George Whitesides toppled Republican Rep. Mike Garcia is a district north of Los Angeles. In a district east of Los Angeles, Republican Rep. Ken Calvert again held off Democrat Will Rollins in a repeat of their 2022 contest. And Republican Rep. David Valadao kept his grip on a farm-belt seat, despite its heavy Democratic registration edge. The outcome will leave Republicans with nine of the state's 52 U.S. House seats next year. Although California is often seen as a liberal monolith, a string of House districts has proved volatile in recent elections, spotlighting their importance to both parties. Democrats snatched seven seats from Republicans in 2018, then Republicans seized four from Democrats in 2020. In the 2022 elections, Republicans gained one seat, from 11 to 12, while Democrats dropped to 40 seats from 42, after California lost a House seat in reapportionment after the 2020 census. Overall, the state dropped to 52 districts from 53. The state played a pivotal role in securing the gavel for Republicans in 2022 and installing Rep. Kevin McCarthy of Bakersfield as speaker .

( ) is a Canada-based company that went public in late 2021. Over the last three years, the has returned over 250% to shareholders, crushing broader market returns by a significant margin. However, PRL stock also trades 8% below all-time highs and remains a top investment choice at current multiples. Here’s why I’m bullish on Propel Holdings stock right now. Propel Holdings is a fintech company that facilitates access to credit products such as installment loans and lines of credit to customers in Canada and the United States. It has increased sales from $60.2 million in 2018 to $416.4 million in the last 12 months. Despite elevated interest rates, Propel increased its sales by 41% year over year to $117.2 million, while adjusted net income growth was higher at 66%. It ended the third quarter (Q3) with a combined loan and advances balance of $432 million, up 44% year over year. While most Canadian banks have a return on equity of less than 20%, Propel reported an ROE of 34% in Q3, up from 27% in the year-ago period. Its adjusted ROE rose from 37% to 45% over the last 12 months. Propel completed the acquisition of QuickMarket for a purchase price of $71 million in Q3, allowing it to enter the U.K. market. The acquisition was funded by an equity offering of $115 million and should be immediately accretive to revenue and earnings. A strong U.S. economy, coupled with low unemployment rates and steady GDP growth, should help Propel increase its revenue over the next 12 months. Unlike several other growth stocks, Propel reports a consistent profit and even pays shareholders a growing dividend. Propel recently raised its annual dividend by 7% year over year to $0.60 per share, which translates to a forward yield of 1.6%. In fact, the company has raised its dividends six times since the start of 2023. Investors should expect the dividend payout to keep growing as revenue is forecast to touch $450 million in 2024 and $629 million in 2025, given consensus estimates. Analysts project adjusted earnings to expand from $0.98 per share in 2023 to $2.57 per share in 2025. So, priced at 14.6 times , PRL stock trades at a reasonable valuation. During the recent earnings call, Propel emphasized leveraging artificial intelligence capabilities to support its credit disbursement process and maintain credit quality. Moreover, its partnership with Coho should expand distribution channels and create a scalable growth avenue by gaining traction in multiple underserved markets. Further, investors are bullish on Propel because of its lending-as-a-service business, which is experiencing ongoing geographic expansion, a widening purchaser base, and an increase in commitments from existing clients. Propel appears to be executing well on multiple fronts while maintaining strong credit quality and operational efficiency. The company’s investment in AI and technology infrastructure seems to be paying off through improved metrics across the board. Analysts tracking the stock remain bullish and expect it to gain over 20% from current levels, given consensus price target estimates.

The Be on the Lookout or BOLO campaign is out with the top 25 most wanted suspects in Canada. These are suspects in ongoing criminal investigations, identified as the most dangerous in the country. Eight suspects on the new list are wanted by Toronto police. As Chris Glover reports, police are hopeful a more advanced website using AI technology will help track some of them down.

Ahead of Beyonce’s highly-anticipated Christmas Day performance, Lamar Jackson asserted that he wouldn’t miss it for the world - or a Baltimore Ravens game, for that matter. On Wednesday, Beyonce is slated to take the stage at NRG Stadium during halftime of the Ravens’ game against the Houston Texans . Though Jackson will certainly have other commitments during the performance - namely gameplanning for the final two quarters of play - the quarterback informed members of the media that he would still find a way to catch the show. When asked on Monday if he was disappointed to be missing the pop icon’s concert, Jackson replied: "No, because I'm going to go out there and watch. I'm going to go out there and watch. [It will be my] first time seeing Beyoncé perform, and it's at our game - that's dope. I'm going to go out and watch. Sorry [head coach John] Harbaugh, sorry. Sorry fellas." Texans get grim Tank Dell injury news after brutal hit on touchdown catch vs. Chiefs Mike Tomlin offers honest verdict on Travis Kelce ahead of Steelers game vs Chiefs When one reporter questioned if the Ravens’ lead at halftime could play a role in whether or not Jackson watches Beyonce - whose hit song ‘To the left’ is his favorite track - the 27-year-old added: "No, I'm not even thinking about the lead. I was just thinking about just seeing Beyonce for the first time. “Not saying it like that; no disrespect or [anything], because I know how people can take things.” Jackson is far from the only person in Baltimore’s locker room who’s looking forward to seeing Beyonce. Ravens head coach John Harbaugh jokingly warned his players that “there will be big trouble” should they sneak out to attend the halftime show, but made sure to give the songstress her due praise. “I can't say I'm a huge Beyonce fan, but I think I like her,” he said. “Is she doing country [music] now? You think some of those country songs will be in there? You'll have to report to me on that." Upon being reminded that Beyonce previously performed at the Super Bowl XLVII halftime show - in which the Ravens defeated the 49ers, 34-31 - Harbaugh responded: "Did she? That's good to know. I do remember that now. Focus, focus." This isn’t the first time that an NFL player has expressed a desire to catch the halftime performance of a big game. Back in February of 2022, Cincinnati Bengals kicker Evan McPherson infamously returned to the sidelines early during Super Bowl LVI in order to watch Dr. Dre, Snoop Dogg, Eminem, Mary J. Blige, Kendrick Lamar and 50 Cent perform. "Looking back on it, if there was a camera in my face, I wouldn't stay out there," McPherson told The Athletic’s Paul Dehner Jr. "I get how it looked. It probably looked pretty bad. I probably wouldn't do it again, but no regrets." The decision particularly drew the ire of Bengals special teams coordinator and assistant head coach Darrin Simmons, who slammed McPherson and long snapper Clark Harris for not being present in the locker room. "It's triple, it's triple-y bad," he said. "It's embarrassing." **Want to watch more live sports? Peacock has your favorite sports, shows, and more all in one place. ** Peacock offers plans starting at $7.99 ** so you can stream live sports like NFL, Premier League, and Big Ten Football.**Social media reacts to Trump 'dominating world leaders' with Macron handshake during meeting in FranceWorld leaders gather to celebrate reopening of Notre Dame Cathedral

Eastwood Richmonde Hotel presents tasty treasures for the holiday seasonLuka Doncic returns to Dallas Mavericks' lineup after missing two games with left heel contusion

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Wealthy property developer Arnold Vitocco has been charged along with his waste recovery company with more than 100 alleged offences related to asbestos contamination that closed parks and schools across Sydney earlier this year. The contamination was first discovered in January in garden mulch near the $3.9 billion Rozelle interchange road project in Sydney’s inner west and was quickly revealed to have extended to dozens of other sites across the city. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Latest In Federal Fetching latest articles Most Viewed In PoliticsUnlikely battleground California plays key role -- again -- in setting US House's political balanceNo David Montgomery, no problem. The Lions continued their prolific ways offensively on Sunday, scoring 34 points and amassing 475 yards of total offense in a winning effort against the Chicago Bears. Related Articles Detroit Lions | ‘We know who we are’: Lions top Bears for franchise-record 13th win Detroit Lions | Takeaways from 34-17 win, as Lions’ offensive stars shine in win over Bears Detroit Lions | Photo gallery from the Lions’ 34-17 road win over the Bears Detroit Lions | Safety Ifeatu Melifonwu active for Lions against Bears Detroit Lions | Lions’ Brandon Joseph was in police custody Saturday, released It marked Detroit’s 13th game in 2024 with 345-or-more total yards, plus the team’s eighth game this season with at least 31 points. The Lions also have now scored 493 total points, the most points ever scored by the franchise in a single season. Along with all that, the Week 16 matchup featured a variety of commonalities for Ben Johnson’s offense. For starters, Jared Goff was “the straw that stirred the drink,” completing 72 percent of his passes and leading the Lions on four touchdown drives (three of which ended with touchdown throws). The veteran quarterback has now thrown a career-best 33 touchdowns. Johnson’s unit also produced its customary series of explosive plays. And on Sunday, it was courtesy of running back Jahmyr Gibbs and wide receiver Jameson Williams. Gibbs more than shouldered the workload out of the backfield in the place of Montgomery. He eluded defenders all game long, en route to accumulating 109 yards and a touchdown on 23 carries. Plus, he added another 45 yards as a pass-catcher. In totality, the second-year back amassed 154 all-purpose yards, marking his ninth game this season with north of 100 yards from scrimmage. It’s a feat that was last accomplished by a Lions back in 1997, when Pro Football Hall of Famer Barry Sanders did so on the way to earning MVP honors. Meanwhile, Williams was the very definition of electric on Sunday. Most notably, he displayed his game-changing speed on his 82-yard touchdown catch in the second quarter, easily running past Chicago cornerback Tyrique Stevenson and safety Jonathan Owens on his way to the end zone. “It looked good in practice. That was better than practice,” Lions head man Dan Campbell said of Goff’s deep strike to Williams. “It was a hell of a throw, excellent protection, and man, just a great job on his landmark, hitting it with speed, trusting it, great catch. It was big time.” With the touchdown, the third-year wideout now has totaled four TD receptions of 50-plus yards this season. He is one of only three players in Lions franchise history to achieve the feat in a single season. The others: Detroit legend Calvin Johnson in 2011 and Cloyce Box in 1950. Williams finished the NFC North divisional tilt with five catches and a game-high 143 yards and a score. Unsurprisingly, Amon-Ra St. Brown also played an integral role in the Lions’ triumph over the Bears. Termed the team’s “binky” on offense by Campbell, St. Brown was once again his ultra reliable self. The fourth-year receiver caught six of his eight targets from Goff, including a screen pass late in the second quarter on which he impressively slipped past several Bears defenders into the end zone. He finished the Week 16 contest with six catches for 70 yards and the one score. With the output, St. Brown now holds the distinction of being the only player in Lions franchise history to amass 100 receptions and 10 receiving touchdowns in back-to-back seasons. Plus, on Sunday, he became just the second player in NFL history to record multiple seasons with 100-plus catches, 1,000-plus yards and 10-or-more touchdowns in one’s first four seasons. The other player to accomplish the feat: former longtime Arizona Cardinals receiver Larry Fitzgerald. The Lions, equipped with difference-making pass-catchers like St. Brown and Williams and an explosive back like Gibbs, are able to attack opposing defenses in a multitude of ways. Goff can beat the opposition both short and deep with those weapons – along with tight end Sam LaPorta – at his disposal. And Gibbs, with his immense talent, has the ability to break off a big run at any point in a game. As if that weren’t already enough for Detroit’s opponents to handle, Johnson’s offense also has mastered the ability to throw off defenses through the element of surprise. Whether a fake punt or a goal-line pass drawn up for an eligible offensive lineman (e.g. Dan Skipper), you never quite know what Johnson has up his sleeve. And on Sunday, the play-caller went into his bag of tricks once again, and pulled out his most creative play design of the season thus far. It came on the opening possession of the second half. After starting off on their own 21-yard line, Goff & Co. had driven all the way to the Bears’ 21-yard line in a mere four plays. It set up arguably the fake of the season not only for the Lions but also for the entire NFL. On the play, Goff, with Detroit lined up in the singleback formation, appeared to stumble upon taking the snap while Gibbs fell to the Soldier Field grass. All the while, you could hear members of Detroit’s offense yelling, “Ball, ball, ball, ball” and “fumble, fumble.” It all proved to be intentional, however, and a fine display of acting from Johnson’s unit. Goff never lost possession of the football, and remained on his feet as he found a wide-open LaPorta for a 21-yard TD pass. It was a stroke of genius from Johnson, and executed to perfection by the Lions’ veteran signal-caller and the offense. “I think that part where Gibbs, where he dives, really sells the play,” Goff said in the postgame. “I’m only doing half of it. It worked like a charm, and it was nice to score there.” No ifs, ands, or buts about it, the Lions delivered a masterful offensive performance Sunday. And it couldn’t have come at a better time for Detroit’s fanbase, which needed a huge pick-me-up after the team’s loss to the Bills a week ago. Sure, this offensive output came against the lowly Bears, and doesn’t guarantee success for Campbell’s injury-ravaged squad the rest of the season (and in the playoffs). However, in the spirit of the Christmas season, it’s time to drop the negativity (at least temporarily), and to celebrate the one thing that has remained constant for the team in 2024: its offensive productivity. Lions fans absolutely should cherish the “gift” that is Detroit’s high-powered offense this Christmas. This article was produced by the staff at Detroit Lions On SI. For more, visit si.com/nfl/lions

Q4 earning forecasts for Samsung, SK Hynix cut amid weak demandIs Jets owner Woody Johnson listening? Because former NFL players are doing everything but fly a plane over the facility in Florham Park tugging a banner that says, “Kiss Aaron Rodgers goodbye when the season ends. Don’t exercise an option. Don’t agree to a pay cut. Dump him.” OK, maybe that’s too much for a single $1,500 banner, but you get the idea. The latest NFL alumnus who has taken a shot (or more) at the aging-before-our-eyes Rodgers is former Pittsburgh Steelers star and Super Bowl champion Ryan Clark , who has been embroiled in a slow-burning feud with the diminshed Rodgers. The most recent episode began when Clark called Rodgers “a fraud” for criticizing players who leverage their popularity on social media and in the media. Clark pointed out that Rodgers has a standing paid gig to appear on The Pat McAfee Show , one of the most popular platforms for sports personalities, hosted by a former NFL punter. “To call out former players, while on a former player’s show? Yes, that made you a fraud to me,” Clark said. Rodgers responded (on McAfee’s show) by insisting that anyone who criticizes him must declare their vaccine status, because, in his mind, any criticism of him, as a celebrated anti-vaxxer, must come from being a pawn in the pharmaceutical industry’s push of Covid vaccines and others. Clark, who is vaccinated, has sickle cell trait, has had his spleen removed, and is immunodeficient, he says. So getting vaccinated against Covid is possibly life-saving for him, not political. Widespread criticism of Rodgers couldn’t have anything to do with his play during a 4-11 season — which has led to the head coach’s firing, the offensive coordinator’s demotion and just one 300-yard passing game, could it? By making any criticism about vaccines and political issues, Rodgers is trying to shield himself from legitimate raps from NFL analysts, who say that he isn’t the quarterback he once was, Clark said on The Stephen A. Smith Show . “I said a million times to you on your show, I think he’s the best quarterback I’ve ever played against,” Clark said. “But that doesn’t in any way negate what we’re seeing from him now — and the arrogance, the smugness, the entitlement he displays as a person when it comes to people who object or people who see things differently than him ... I mean, I’m just tired of it. “And I’m tired of people allowing him to say whatever the hell he wants to say, whenever the hell he wants to say it, without in any way pushing back.” (That final line was Clark firing at McAfee, an ESPN colleague who chuckled at Rogers’ comments.) Clark insists he doesn’t have the luxury of getting personal or using “vaccination, partisanship, or whatever to try to ignore the facts,” as Rodgers has. Clark added that he felt compelled to respond again because Rodgers used ESPN — which produces McAfee’s show — to attack an ESPN employee. “I am an NFL analyst, so in responding to Aaron Rodgers, I need to be able to respond with facts,” Clark said. “I can’t just come out and insult his fashion, I can’t just come out and say things that make zero sense like, ‘State your vaccination status.’ I don’t get to do that. I have to be factual. “Instead of saying ‘Ryan Clark is wrong about me being hypocritical because of X, Y and Z,’ [or] ‘Ryan Clark is wrong to call me arrogant because of X, Y and Z’ ... that is what athletes will do now. They don’t have to combat you with facts, because ... [they are] more popular than I am,” Clark said. Clark’s criticism followed an attack by former Jets star Bart Scott, who called Rodgers record-chasing “despicable.” Rodgers admitted he tried to get his buddy Davante Adams (who caught Rodgers’ 200th and 400th career touchdown passes) to catch Rodgers’ 500th TD pass in the second quarter of Sunday’s 19-9 loss to the L.A. Rams . “Wish he would have caught it,” Rodgers said. Rodgers was 28-for-42 for 256 yards and a TD pass, but couldn’t muster points in the fourth quarter as the Rams rallied to win. Said Scott: “To have a 10-minute drive and end up with nothing. And it’s because you’re going for records, right? Sentimental records. And you’re deciding who gets your record. And I think that’s — that’s despicable.” Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription.

Kaitlyn Dever sparks romance rumors with Ethan Dawes as they hold hands on night out in West HollywoodProposed auto-enrolment pensions plan labelled a 'waste of resources'

Q2 GAAP Earnings per Share up 24% to $1.10 , Non-GAAP Earnings per Share up 10% to $1.47 Q2 Total Revenue $14.1 billion , up 9% in both USD and constant currency Q2 Total Remaining Performance Obligations $97 billion , up 49% in USD & 50% in constant currency Q2 Cloud Revenue (IaaS plus SaaS) $5.9 billion , up 24% in both USD and constant currency Q2 Cloud Infrastructure (IaaS) Revenue $2.4 billion , up 52% in both USD and constant currency Q2 Cloud Application (SaaS) Revenue $3.5 billion , up 10% in both USD and constant currency Q2 Fusion Cloud ERP (SaaS) Revenue $0.9 billion , up 18% in both USD and constant currency Q2 NetSuite Cloud ERP (SaaS) Revenue $0.9 billion , up 20% in USD and 19% in constant currency AUSTIN, Texas , Dec. 9, 2024 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL ) today announced fiscal 2025 Q2 results. Total quarterly revenues were up 9% year-over-year, in both USD and constant currency, to $14.1 billion . Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to $10.8 billion . Cloud license and on-premise license revenues were up 1% in USD and up 3% in constant currency, to $1.2 billion . Q2 GAAP operating income was $4.2 billion . Non-GAAP operating income was $6.1 billion , up 10% in both USD and constant currency. GAAP operating margin was 30%, and non-GAAP operating margin was 43%. GAAP net income was $3.2 billion . Non-GAAP net income was $4.2 billion , up 12% in both USD and constant currency. Q2 GAAP earnings per share was $1.10 , up 24% in USD and up 23% in constant currency, while non-GAAP earnings per share was $1.47 , up 10% in both USD and constant currency. Short-term deferred revenues were $9.4 billion . Over the last twelve months, operating cash flow was $20.3 billion and free cash flow was $9.5 billion . "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors," said Oracle CEO, Safra Catz . "Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world's largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation (RPO) up 50% to $97 billion , we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion ." "Oracle Cloud Infrastructure trains several of the world's most important generative AI models because we are faster and less expensive than other clouds," said Oracle Chairman and CTO, Larry Ellison . "And we just signed an agreement with Meta—for them to use Oracle's AI Cloud Infrastructure—and collaborate with Oracle on the development of AI Agents based on Meta's Llama models. The Oracle Cloud trains dozens of specialized AI models and embeds hundreds of AI Agents in cloud applications. For example, Oracle's AI Agents automate drug design, image and genomic analysis for cancer diagnostics, audio updates to electronic health records for patient care, satellite image analysis to predict and improve agricultural output, fraud and money laundering detection, dual-factor biometric computer logins, and real time video weapons detection in schools. Oracle trained AI models and AI Agents will improve the rate of scientific discovery, economic development and corporate growth throughout the world. The scale of the opportunity is unimaginable." The board of directors declared a quarterly cash dividend of $0.40 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 9, 2025 , with a payment date of January 23, 2025 . A sample list of customers which purchased Oracle Cloud services during the quarter will be available at www.oracle.com/customers/earnings/ . A list of recent technical innovations and announcements is available at www.oracle.com/news/ . To learn what industry analysts have been saying about Oracle's products and services see www.oracle.com/corporate/analyst-reports/ . Earnings Conference Call and Webcast Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor/ . About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL ), please visit us at www.oracle.com . Trademarks Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. "Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including the expectations for converting the Remaining Performance Obligations to revenue, future total Oracle Cloud revenue this fiscal year and the scale of opportunity for Oracle trained AI models and AI Agents, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure data center capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/ . All information set forth in this press release is current as of December 9, 2024 . Oracle undertakes no duty to update any statement in light of new information or future events. APPENDIX A ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: Stock-based compensation expenses : We have excluded the effect of stock-based compensation expenses from our non-GAAP operating expenses, income tax effects and net income measures. Although stock-based compensation is a key incentive offered to our employees, and we believe such compensation contributed to the revenues earned during the periods presented and also believe it will contribute to the generation of future period revenues, we continue to evaluate our business performance excluding stock-based compensation expenses. Stock-based compensation expenses will recur in future periods. Amortization of intangible assets : We have excluded the effect of amortization of intangible assets from our non-GAAP operating expenses, income tax effects and net income measures. Amortization of intangible assets is inconsistent in amount and frequency and is significantly affected by the timing and size of our acquisitions. Investors should note that the use of intangible assets contributed to our revenues earned during the periods presented and will contribute to our future period revenues as well. Amortization of intangible assets will recur in future periods. Acquisition related and other expenses; and restructuring expenses : We have excluded the effect of acquisition related and other expenses and the effect of restructuring expenses from our non-GAAP operating expenses, income tax effects and net income measures. We incurred expenses in connection with our acquisitions and also incurred certain other operating expenses or income, which we generally would not have otherwise incurred in the periods presented as a part of our continuing operations. Acquisition related and other expenses consisted of personnel related costs for transitional and certain other employees, certain business combination adjustments including certain adjustments after the measurement period has ended, and certain other operating items, net. Restructuring expenses consisted of employee severance and other exit costs. We believe it is useful for investors to understand the effects of these items on our total operating expenses. Although acquisition related and other expenses and restructuring expenses may diminish over time with respect to past acquisitions and/or strategic initiatives, we generally will incur certain of these expenses in connection with any future acquisitions and/or strategic initiatives. SOURCE Oracle

Gorilla Technology Group Shares Are On The Rise Today: What's Going On?

Opinion: Dublin's North inner city's issues must be resolved at the root cause once and for all'There's a discrepancy': Former Fox News host doubts Pete Hegseth's sexual assault denial

None