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With bowl season fast approaching, lets take a look at the upcoming Disappointment Bowl featuring the Dallas Cowboys (4-7) and the New York Giants (2-9) on Thanksgiving. There is no skirting the anguish in Dallas over the Cowboys’ miserable season to date. Injuries have played a major role as Dak Prescott, Demarcus Lawrence, Micah Parsons, Trevon Diggs, and Daron Bland have all spent multiple weeks on the sidelines. Each of their absences has exposed an already thin roster. On the bright side, Dallas snapped a 5-game losing streak with a hard fought and yet wacky 34-26 win on the road over the Commanders this past Sunday. QB Cooper Rush threw for 247 yards (24-32) with 2 TDs for a career-best 117.6 passer rating. While the Jets have tried to command everyone’s attention in New York, the Giants will have none of it. They will not be overshadowed. The Giants can be as dysfunctional as any organization, and they are proving it. This past Sunday they lost their sixth game in a row mustering just 7 points while giving up 30 points and 450 yards to the Bucs in a 30-7 shellacking. Dallas is a 4-point favorite, and the Total is set at 37.5. At first glance, that Total seems low even for these two offensively challenged clubs. New York has allowed nearly 25 points per game during their 6-game losing streak and Dallas is on record as prone to giving up chunks of yardage and points especially at home. The OVER is worth considering. Let dive into the numbers and see if we can’t find an additional sweat or two. NBC Sports has all the latest info and analysis you need, including how to tune in for kickoff, odds from DraftKings, player news and updates, and of course our predictions and best bets for the game from our staff of experts. Listen to the Bet the Edge podcast as hosts Jay Croucher and Drew Dinsick provide listeners with sharp actionable insight, market analysis and statistical data to help bettors gain more information before placing their wagers. So, whether you’re targeting spreads and totals, looking for value in futures markets or circling player props, give their podcast a listen to give you that extra edge. Game details and how to watch Giants at Cowboys · Date : Thursday, November 28, 2024 · Time : 4:30 PM ET · Site : AT&T Stadium · City : Arlington, TX · TV/Streaming : FOX NBC Sports is your home for all the latest updates on this matchup, featuring live odds, player news, expert analysis, and predictions. Latest Game Odds for Giants at Cowboys The latest odds courtesy of DraftKings: · Moneyline : New York Giants (+164), Dallas Cowboys (-198) · Spread : Cowboys -4 · Total : 37.5 This number site where it opened with the Cowboys laying 4. The Total has actually dropped a full point. It is the lowest Total of the season for a Dallas game. NBC Sports Bet Best Bets Expert picks & predictions for Giants at Cowboys Please bet responsibly. If you or someone you know has a gambling problem, call the National Gambling Helpline at 1-800-522-4700. Our model calculates projections around each moneyline, spread and over/under bet for every game on the NFL calendar based on data points like past performance, player matchups, betting trends, and weather forecasts. Once the model is finished running, we put its projection next to the latest betting lines for the game to arrive at a relative confidence level for each wager. Here are the best bets our model is projecting for Sunday’s game between New York and Dallas: · Moneyline : NBC Sports is recommending a play on the Cowboys on the Moneyline · Spread : NBC Sports is recommending a play on the Cowboys ATS. · Total : NBC Sports is leaning towards a play on the Total OVER 37.5. Giants at Cowboys betting trends and stats · The Giants are 3-8 against the spread this season. · The Giants are 3-8 to the OVER this season. · The Cowboys are 3-8 against the spread this season. · The Cowboys are 7-4 to the OVER this season. · Dallas has won 15 of the last 15 games against the Giants. · New York has not won in Dallas since 2016. · Cooper Rush improved to 6-3 both straight-up and ATS as a starter with the win over Washington this past Sunday. Quarterback matchup for Giants at Cowboys · New York : Tommy DeVito – the 2 nd year signal-caller could not move the ball consistently on Sunday against Tampa Bay. He did complete 21 of 31 passes for 189 yards with 0 TDs and 0 INTs. · Dallas : Cooper Rush – the 7-year career backup completed 75% of his passes on Sunday against Washington for 247 yards with 2 TDs. Giants at Cowboys Injury Update New York OLB Azeez Ojulari (toe) is questionable for Thursday’s game. New York DL D.J. Davidson (ankle) is questionable for Thursday’s game. New York G Jermaine Eluemunor (quad) is questionable for Thursday’s game. Dallas OT Tyler Smith (ankle) is questionable for Thursday’s game. Dallas WR Brandin Cooks (knee) is questionable for Thursday’s game. Dallas G Zack Martin (ankle/shoulder) is questionable for Thursday’s game. Dallas TE Jake Ferguson (concussion) is questionable for Thursday’s game. Dallas CB Trevon Diggs (groin/knee) is questionable for Thursday’s game. Rotoworld still has you covered with all the latest and tools for the NFL, including game predictions, player props, futures, and trends! Follow our experts on socials to keep up with all the latest content from the staff: · Vaughn Dalzell (@VmoneySports) · Brad Thomas (@MrBradThomas) · Jay Croucher (@croucherJD) · Drew Dinsick (@whale_capper)
A Newhall resident in his 80s who thought he was helping his grandson make bail was scammed out of $54,000 by a suspect who’s been the subject of a monthslong investigation by the Santa Clarita Valley Sheriff’s Station, according to court records obtained by The Signal. The victim, whom The Signal has chosen not to identify, received a phone call from a person who identified themselves as “James Royce,” which detectives believe to be an alias. The man said the victim’s grandson had been in a car collision and he was now incarcerated. Payment was required in order for the grandson to be released from custody. The victim was instructed to put cash in a box and leave it for a Lyft driver to pick up and deliver it back to a person who was pretending to be his grandson’s attorney. Between July 22 and July 23, three boxes with payment inside were handed to separate drivers, which were identified in a detective’s court statement as totaling $54,000. The victim later was able to contact his grandson and learned that he had not been in an accident nor was he facing incarceration. After receiving the theft report, station detectives began trying to figure out who ordered the Lyft deliveries for the packages in October, with mixed results. All of the drivers were tracked down by station detectives using a combination of security footage from gated Friendly Valley home where the victim lived, which is a senior-only community, and electronic records. However, the drivers appeared to have no knowledge of what was in the packages they were driving around, according to the investigating officer’s report. Station officials did not release any information about the suspect Tuesday, only indicating that an arrest had not been made at this time. Deputy Robert Jensen, spokesman for the SCV Sheriff’s Station, described the incident as both heartbreaking and an important cautionary tale for a number of reasons. The first thing he wanted to make sure people were aware of is that the Sheriff’s Department will never solicit for money over the phone, even though the suspect in this crime actually was pretending to be an attorney representing the victim’s grandson. Such claims are part of common scam techniques, he said. However, Jensen also said there are two ways people can check if their loved one might be in a custody situation that could require a family member’s help. The two ways to check LASD custody records, he said: online, through the Sheriff’s Department’s custody records website, a person can tell if a loved one is in jail by searching at app5.lasd.org; but the surest way is to call the station at 661-260-4000, Jensen said. Someone there is happy to walk a member of the public through the next steps or look up the name of someone who might be in custody, if a person isn’t computer-savvy. He also mentioned any call from a jail would be recorded and indicate that it’s from an inmate before the start of the call. It’s also unfortunate, he said, because with artificial intelligence tools now available to criminals, they can not only clone phone numbers and email addresses to trick people, but scammers are also able to make a call with what sounds like a loved one’s voice. “The Sheriff’s Department takes crimes against the elderly, vulnerable populations and dependent adults very seriously — and in many cases, they come with bail enhancements,” Jensen said, referring to holds that can keep suspects in custody while they await a court date. He also shared a public-information video posted by LASD officials January 2020 called “Scam school,” which focuses on spotting cybercrime, technology, and current criminal techniques from the perspective of fictional scam artist Phillip Shampford’s Scam Training, or “PSST.”
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SANTA CLARA — No Brock Purdy. No Nick Bosa. No chance for the 49ers on Sunday in Green Bay? “We’re missing two good players definitely but we’ll have a lot of good players out there,” 49ers coach Kyle Shanahan countered. “By no means do we not have a chance to win. We’ll fight our tails off. We’ll expect a real good game.” Purdy’s throwing-shoulder soreness will force him to miss his first game due to injury since becoming the 49ers’ starting quarterback nearly two years ago, and that thrusts ninth-year journeyman Brandon Allen into his 10th career start and first since 2021 with Cincinnati. Bosa’s oblique and hip injuries will sideline him for his first game of this wobbly season. Also ruled out were cornerback Charvarius Ward (personal), return specialist Jacob Cowing (concussion), defensive tackle Kevin Givens (groin) and linebacker Tatum Bethune (knee), while left tackle Trent Williams (ankle) is questionable as a game-time decision for a second straight game. Tight end George Kittle (hamstring) and running back Christian McCaffrey (Achilles) are good to go for an offense that must make do without Purdy at the NFL’s most historic venue. Allen, who last threw a regular-season pass in 2022 as Joe Burrow’s backup in Cincinnati, will guide the 49ers’ offense in a key game as San Francisco aims to make a playoff push. “It’s an opportunity,” Allen said. “The circumstances are what they are. Our team all year long, we’ve been dealing with injuries here or there. It’s been a big next-man-up mentality. It’s definitely an opportunity for me to go out, play well, put our guys in a good position to win the game. “Obviously we want Brock back and healthy and all that,” Allen added. “For the time being, it is an opportunity for me.” Josh Dobbs, who lost out to Allen in training camp and the preseason for the QB2 role, will serve in that capacity Sunday at Lambeau Field, where neither quarterback has played a regular-season game. Rookie Tanner Mordecai likely will be elevated from the practice squad Saturday to serve as the emergency No. 3 quarterback. Purdy wore a resigned, dour expression but offered upbeat words as he walked through the locker room, saying: “We’re all good.” This is not how Shanahan scripted it earlier in the week. “(Purdy) got the MRI on Monday, we thought he just needed some rest and really weren’t concerned about not being there this week,” Shanahan said Friday. “I don’t want to say there’s long-term concern,” Shanahan said Friday. “We got the MRI on Monday. We thought he just needed some rest and really weren’t concerned about him not being good this week.” Purdy rested his arm Wednesday, then left the practice field Thursday after a few light throws. “It surprised him, surprised us how it felt, so we had to shut him down,” Shanahan said. “The MRI doesn’t look like (it’s serious) so it should be alright. But the way it responded this week, it’s really up in the air for next week. We’ll have to see on Monday.” The 49ers follow this week’s trip at Green Bay with a prime-time appearance next Sunday, Dec. 1 in Buffalo. “I know this is like the first time Brock’s missed a game probably in his life,” Allen said. “He’s a tough guy and I’m not too worried about it. I don’t think any of our guys are. He’ll rehab and get back as fast as he can.” No one is saying when Purdy got hurt in Sunday’s 20-17 loss to Seattle, whether it was from diving for the goal line on his first-quarter touchdown scramble or later in the game. Shanahan did note that Purdy struggled to keep his shoulder loose and threw on the sideline, then the pain intensified after the game and into Monday. “It was somewhere during that Seattle game and I’m not sure Brock knows,” general manager John Lynch said on KNBR. “He fought through it through the course of the game. I did see him during the course of the game, anytime there was a pause, he kept throwing. At that point, you’re feeling something but he was so focused on trying to win.” Shanahan lauded Allen as a “really good thrower” who “runs our offense well” and that “guys believe in him.” The feeling is mutual on Allen’s side, as he explained what it was like as Purdy’s stand-in on the starting unit in practice this week: “It’s been a blessing to have them in the huddle with me and the leadership that’s in the huddle, so I can just come in and fill the spot for Brock for now, just try to make some plays and get the ball in their hands.” Added Shanahan: “It’s not a big game-plan adjustment. This is something we didn’t think would happen early in the week. We were fully preparing for Brock to go.” The Packers prepared that way, too. Allen is no total stranger, however. Packers coach Matt LaFleur told reporters Friday in Green Bay, prior to Purdy’s no-show practice: “I know Brandon. I was with him in L.A. (in 2017). He’s been in the league a long time. But I wouldn’t expect their offense to change a whole bunch.” BOSA WILL REMAIN HOME While Purdy traveled with the 49ers to Green Bay, Bosa was staying behind to rehabilitating the upper-body injuries that forced him to miss Sunday’s fourth-quarter collapse against Seattle. It will be the first game Bosa has missed since Oct. 16, 2022 with a groin injury. The 49ers lost a road game that day to Atlanta 28-14 during a season in which Bosa was the NFL’s Defensive Player of the Year. Sam Okuayinonu figures to make his first career start in place of Bosa while Leonard Floyd makes his 11th start at the other defensive end slot. WILLIAMS QUESTIONABLE Williams, with the help of a pain-killing injection, made it through the Seattle loss at what he said afterwards was 65 percent. Although listed as questionable, Shanahan reiterated Williams’ status could go right up to kickoff. Jaylon Moore likely would start in place of Williams, if needed. WARD BACK NEXT WEEK? Ward, mourning the death of his 23-month-old daughter, was declared out but Shanahan hoped to have the All-Pro cornerback next week when the 49ers visit Buffalo. “He’s taken three full weeks off,” Shanahan said. “It’s not like dealing with all that stuff he’s getting workouts in and all that. We’re just happy to get him back in the building this week. We don’t want t put any pressure on him, hopefully he’ll be good to go next week.” Among those listed as questionable is guard/center Jon Feliciano, whose 21-day window of practicing while on injured reserve is about to expire. If the 49ers don’t put Feliciano on the 53-man roster by Monday, he’ll spend the rest of the season on injured reserve. PACKERS INJURIES Cornerback Jaire Alexander (knee) was ruled out after being unable to practice all week, and linebacker Edgerrin Cooper (hamstring) also will not suit up for Green Bay’s defense. Defensive tackle Colby Wooden is questionable as the only other Packers player on their injury report.Comsats University hiring likely to be postponed again Despite absence of regular rector, university management allegedly advertised for posts ISLAMABAD: The recruitment process for management positions of registrar and controller exams is likely to be postponed once again due to non-regular rector of Comsats University Islamabad. Despite the absence of regular rector, the university management allegedly advertised for the posts of registrar and controller of examinations recently. Earlier, during the tenure of Acting Rector Dr. Qamar, an advertisement was made for the posts and the Ministry of Science and Technology had stop the recruitment process and said that only a regular rector can recruit for the posts. When contacted, the spokesperson for the Ministry of Science and Technology and Joint Secretary Nazir Ahmed said that the look-after rector does not have the authority to recruit any officer.
Neuer gets sent off for 1st time and Bayern Munich exits German Cup early againSANTA 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. Marvell Technology, Inc. Condensed Consolidated Statements of Operations (Unaudited) (In millions, except per share amounts) Three Months Ended Nine Months Ended November 2, 2024 August 3, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net revenue $ 1,516.1 $ 1,272.9 $ 1,418.6 $ 3,949.9 $ 4,081.2 Cost of goods sold 1,166.7 685.3 867.4 2,485.1 2,451.7 Gross profit 349.4 587.6 551.2 1,464.8 1,629.5 Operating expenses: Research and development 488.6 486.7 481.1 1,451.4 1,436.6 Selling, general and administrative 205.3 197.3 213.0 602.5 622.0 Restructuring related charges 358.3 4.0 3.4 366.4 105.3 Total operating expenses 1,052.2 688.0 697.5 2,420.3 2,163.9 Operating loss (702.8) (100.4) (146.3) (955.5) (534.4) Interest expense (47.2) (48.4) (52.6) (144.4) (159.1) Interest income and other, net (0.5) 2.6 11.4 5.4 22.1 Interest and other loss, net (47.7) (45.8) (41.2) (139.0) (137.0) Loss before income taxes (750.5) (146.2) (187.5) (1,094.5) (671.4) Provision (benefit) for income taxes (74.2) 47.1 (23.2) (9.3) (130.7) Net loss $ (676.3) $ (193.3) $ (164.3) $ (1,085.2) $ (540.7) Net loss per share — basic $ (0.78) $ (0.22) $ (0.19) $ (1.25) $ (0.63) Net loss per share — diluted $ (0.78) $ (0.22) $ (0.19) $ (1.25) $ (0.63) Weighted-average shares: Basic 865.7 865.7 862.6 865.5 860.1 Diluted 865.7 865.7 862.6 865.5 860.1 Marvell Technology, Inc. Condensed Consolidated Balance Sheets (Unaudited) (In millions) November 2, 2024 February 3, 2024 Assets Current assets: Cash and cash equivalents $ 868.1 $ 950.8 Accounts receivable, net 997.9 1,121.6 Inventories 859.4 864.4 Prepaid expenses and other current assets 91.4 125.9 Total current assets 2,816.8 3,062.7 Property and equipment, net 781.9 756.0 Goodwill 11,586.9 11,586.9 Acquired intangible assets, net 2,957.7 4,004.1 Deferred tax assets 406.5 311.9 Other non-current assets 1,165.8 1,506.9 Total assets $ 19,715.6 $ 21,228.5 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 538.1 $ 411.3 Accrued liabilities 825.2 1,032.9 Accrued employee compensation 270.9 262.7 Short-term debt 129.4 107.3 Total current liabilities 1,763.6 1,814.2 Long-term debt 3,965.5 4,058.6 Other non-current liabilities 613.6 524.3 Total liabilities 6,342.7 6,397.1 Stockholders' equity: Common stock 1.7 1.7 Additional paid-in capital 14,629.0 14,845.3 Accumulated other comprehensive income (loss) (0.3) 1.1 Accumulated deficit (1,257.5) (16.7) Total stockholders' equity 13,372.9 14,831.4 Total liabilities and stockholders' equity $ 19,715.6 $ 21,228.5 Marvell Technology, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited) (In millions) Three Months Ended Nine Months Ended November 2, 2024
Dwarfed by China in Shipbuilding, US Looks to Build Its Defense Base to Fend off WarANN ARBOR, Mich. (AP) — Michigan gave athletic director Warde Manuel a five-year contract extension Thursday on the heels of the Wolverines' upset over rival Ohio State and a strong start to the basketball season. Manuel, who has held the position since 2016, signed through June 30, 2030, the school announced. Manuel is also chairman of the College Football Playoff selection committee. “During Warde’s tenure as director, Athletics has put a structure in place where our student-athletes compete for Big Ten and national championships, excel in the classroom, and proudly graduate with their University of Michigan degrees,” university President Santa J. Ono said in the announcement. Michigan had a disappointing football season, finishing 7-5 (5-4 Big Ten), but a 13-10 win over then-No. 2 Ohio State took some pressure off of the program. The Buckeyes were favored by 21 points, the widest point spread for the rivalry since 1978, according to ESPN Stats and Info. The Wolverines won the national championship last year in their final season led by coach Jim Harbaugh, whose tenure at the school involved multiple NCAA investigations for recruiting and sign-stealing allegations. Manuel supported Harbaugh through those processes. In basketball, the women's team made its season debut (No. 23) in the AP Top 25 this week. The men are 7-1 a season after firing coach Juwan Howard, who lost a school-record 24 games in 2023-24 as Michigan plummeted to a last-place finish in the Big Ten for the first time since 1967. Michigan has won 52 Big Ten championships since 2020. “Every day, I am thankful to work at this great institution and to represent Michigan Athletics," Manuel said in a statement. "I especially want to thank the student-athletes, coaches and staff who compete for each of our teams and who have helped us achieve unparalleled success athletically and academically. I am excited to continue giving back to a university that has provided me with so much over my career.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballAP Sports SummaryBrief at 6:06 p.m. EST
David Beckham called Kath Phipps “the heartbeat of Manchester United” as tributes from players past and present poured in following the long-serving receptionist’s death at the age of 85. A lifelong fan, she was an immensely popular figure with players, managers and staff at a club she joined four months after Sir Matt Busby led them to European Cup glory in 1968. Phipps initially worked at Old Trafford in the stadium offices and on matchdays, before Sir Alex Ferguson brought her to their Carrington training ground in 2000. The United great presented her with the League Managers Association’s Service to Football award in 2022, when Beckham was among those to pay tribute. “Forever in our hearts...,” the former midfielder posted on Instagram with a photo holding Phipps’ hand. “The first and last face I would always see was Kath sat at reception at Old Trafford waiting to give me my tickets for the game. “She was the heartbeat of Manchester United, everyone knew who Kath was and everyone adored her. “I moved up to Manchester at 15 and Kath made a promise to my mum and dad ‘I’ll look after your boy for you don’t you worry’ and from that first day till the last day I spent with her that’s exactly what she did. “Old Trafford will never be the same without your smile as we walk through those doors... We love you.” The best. Everything what the club is about. Will be greatly missed. Thanks for all your help Kath. Thoughts with family and friends ❤️ https://t.co/4BMFtKvMXC — Wayne Rooney (@WayneRooney) December 5, 2024 The club confirmed Phipps’ death on Thursday, leading to a flood of tributes on social media from those that worked with her. United’s record goalscorer Wayne Rooney said: “The heart and soul of Manchester United. Everything what the club is about. “A legend who will be greatly missed. Thanks for the memories Kathy. Thoughts with family and friends.” Fellow United former player Patrice Evra said “losing a family member (is) never easy” alongside a photo with Phipps, who David De Gea thanked “for taking care of everyone”. Ex-United defender Rio Ferdinand said: “An absolute mainstay of Manchester United... Always welcomed me and everyone else who visited with a warm smile! Looked at life positively, incredibly selfless & would put others first! RIP.” Current squad members were also quick to pay their respects to Phipps. Awful news, admired by all at the club and beyond, you will be missed ❤️ https://t.co/pP1hqah8Gc — Marcus Rashford (@MarcusRashford) December 5, 2024 United skipper Bruno Fernandes reposted the club’s announcement with a heart emoji and Marcus Rashford said: “Awful news, admired by all at the club and beyond, you will be missed.” United defender Harry Maguire posted: “A legend that will never be forgotten. I will miss you. We will miss you. RIP Kath.” Right-back Diogo Dalot wrote: “We love you Kath. Thank you for showing everyday what this club is about and taking care of us.” Jadon Sancho, who is on loan at Chelsea ahead of a permanent United exit, said of Phipps: “I’m grateful that I’ve had the pleasure of meeting you, such a lovely kind hearted soul. “She always made sure I was OK and always put a smile on my face whenever I felt down, I appreciate you Kath. My condolences go out to her family through this tough time.” United have yet to confirm what tribute will be paid at Saturday’s Premier League match against Nottingham Forest. “An omnipresent figure at Manchester United since the late 1960s, Kath worked for the club for over 55 years in a variety of roles, but her contribution went beyond any particular job title. “Kath was a one-woman institution, whose memory will be cherished by everyone at the club who had the privilege of knowing her. “She said last year: ‘I can’t imagine doing anything else’. Well, we can’t imagine the place without her.”LOS ANGELES--(BUSINESS WIRE)--Dec 19, 2024-- Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced the appointment of David Anderman to the Company’s board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Mr. Anderman currently serves as the Co-Founder and General Partner of Stellar Ventures, a venture fund investing in the next generation of space entrepreneurs. Mr. Anderman was General Counsel of SpaceX from June 2019 to December 2020, during which time he supported the launch of satellite internet network Starlink and the launch of NASA astronauts to the International Space Station. Prior to SpaceX, Mr. Anderman served 16 years at Lucasfilm Ltd., starting as the junior lawyer and rising through the ranks to become General Counsel and Chief Operating Officer. He negotiated the deal to sell Lucasfilm to the Walt Disney Company in 2012. He has held C-level positions at a series of technology startups. Mr. Anderman began his career as an intellectual property litigator in Silicon Valley. “David Anderman brings valuable experience, insight, and expertise to our board of directors, and to our SurfOS AI-powered software being developed with Palantir to revolutionize aviation management with all-in-one software,” said Carl Albert, Chairman of Surf Air Mobility. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and the largest commuter airline in the U.S. by scheduled departures as well as the largest passenger operator of Cessna Caravans in the U.S. In addition to its airline operations, Surf Air Mobility is currently developing an AI powered airline software operating system and is working toward certification of electric powertrain technology. Surf Air Mobility plans to offer our technology solutions to the entire regional air mobility industry to improve safety, efficiency, profitability and reduce emissions. Forward-Looking Statement This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company and reflect the Company’s current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov , before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241219296051/en/ CONTACT: Surf Air Mobility Media Contacts Presspress@surfair.com Investors:investors@surfair.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: DATA MANAGEMENT AIR TECHNOLOGY TRANSPORT SOFTWARE ARTIFICIAL INTELLIGENCE SOURCE: Surf Air Mobility Inc. Copyright Business Wire 2024. PUB: 12/19/2024 04:15 PM/DISC: 12/19/2024 04:13 PM http://www.businesswire.com/news/home/20241219296051/enS&P/TSX composite rises on morning of Christmas Eve, U.S. stock markets also up
Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2025 Financial ResultsEEOC says wearable devices could lead to workplace discrimination
Accelerate Announces Updated Monthly, Quarterly Distributions, and Estimated Reinvested Annual Distributions
‘Is Santy arriving with something special?’ – Gerry Hutch blasts more cops only for Xmas & lays out election policiesEssential 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.LeBron James and Stephen Curry share the national spotlight on Christmas Day for perhaps the final time when the visiting Los Angeles Lakers square off with the Golden State Warriors in the holiday primetime showcase Wednesday night at San Francisco. Two teams currently sitting in play-in positions in the Western Conference playoff race will seek to bounce back from narrow home defeats when James and Curry meet on Christmas for the fourth time. The first three meetings were at the height of their powers, with Curry's Warriors and James' Cleveland Cavaliers dueling in 2015 and 2016 as reigning NBA finalists. James had joined the Lakers for the third matchup in 2018, when the Warriors again were defending champs. Curry and James are paired again this year despite neither team advancing past the first round of the playoffs last season. And neither is considered a serious title contender this season. With a 40th birthday approaching Monday, James has continued to play at a high level. He had 32 points in a win at Sacramento on Saturday, then put up a triple-double Monday in a 117-114 home loss to the Detroit Pistons. James joins reigning MVP Nikola Jokic as the only players in the league currently averaging at least 23.0 points, 8.0 rebounds and 9.0 assists. James ended Monday's game with blood on his left wrist and promising he's not backing down from any challenges, even while nearing 40. "You just got to match physicality with physicality," said James, a former wide receiver in high school. "I can't speak for nobody but myself when it comes to that. I'm a football player so I don't mind physicality to be honest." Curry, who will turn 37 before season's end, had two of the worst performances of his career in his last three outings, shooting a combined 2-for-20 overall and 2-for-15 on 3-pointers while totaling 12 points in losses to Memphis and Indiana. The struggles have coincided with the addition of veteran point guard Dennis Schroder, acquired in a trade from the Brooklyn Nets. Schroder came to Golden State averaging 18.4 points and 6.6 assists, shooting 45 percent overall and 39 percent on 3-pointers. Inserted immediately into the starting lineup, he has contributed just 7.7 points and 3.7 assists a game for Golden State, shooting 8-for-29 overall (27.6 percent) and 1-for-11 on 3-pointers (9.1 percent). Curry believes it's just a matter of time before the new backcourt combination clicks. "It could be a lot better, and it will be," Curry said. "We're being defended a certain way, but it's nothing I haven't seen before. You just got to understand when to pick and choose your spots based on the attention you get. Get the ball moving, try to find a rhythm a little earlier. "That might be a little bit of an adjustment, but something I've been through and always try to find a way to bounce back." The Warriors will be playing on Christmas Day for the 12th straight season. They've faced the Lakers twice previously on the holiday - 1954 in a Philadelphia vs. Minneapolis matchup, and 2018 in a game in which James outscored Curry 17-15 in a 127-101 win in Oakland. -Field Level Media This article first appeared on Field Level Media and was syndicated with permission.