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Last week, Amazon.com, Inc. AMZN deepened its partnership with Anthropic through an additional $4 billion investment, bringing Amazon's total investment in the artificial intelligence research and development company to $8 billion. The Details: As part of the investment, Anthropic has named Amazon Web Services as its primary training partner, in addition to continuing to be its primary cloud provider, and will use AWS Trainium and Inferentia chips to train and deploy its future foundation models. Amazon also said Anthropic will work with AWS's chip-making division, Annapurna Labs, to continue the development of its custom Trainium chips. Read More: Rumble CEO Considers Bitcoin Investment, Engages Michael Saylor As Shares Rally Expert Ideas: Bank of America Securities analyst Justin Post sees the expanded partnership as beneficial for both companies. Amazon needs a strong AI partner in order to ensure it can maintain competitive large language model (LLM) capabilities for AWS, and Anthropic likely needs more capital to compete with rival AI developer, OpenAI . Post also noted that the co-development of Amazon's Trainium chip capabilities could accelerate progress and build credibility for the chips among other AI customers. Also, Anthropic likely finds the potential cost savings for training and inference of its models attractive, given the company's current cash burn rate. The analyst reiterated his view that the expanded partnership will prove to be mutually beneficial for Amazon and Anthropic. "In our view, Amazon's growing investment will further advance Anthropic's capabilities, which should help capture incremental AI spend from Amazon's leading customer base," Post wrote. Bank of America Securities maintained its Buy rating and $230 price objective on Amazon stock. Price Action: According to Benzinga Pro , Amazon shares ended Monday's session 2.2% higher at $201.45. Read Next: Bitcoin Could Reach $1 Million By 2037, Economist Says: ‘Buy Of A Lifetime’ Opportunity Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Braving all odds, 37-year-old stood on the podium for the third time in the World Rapid Chess Championship. She won the World Rapid title for the first time in 2019 at Georgia and was runner-up last year. She lost one, drew three and won seven matches in the 11-round competition to emerge champion and thus became the second player in the world, after China’s Ju Wenjun, to win the Rapid World title for the second time in New York on Sunday. The Indian Grandmaster defeated Irene Sukandar of Indonesia to finish at the top with 8.5 points out of 11. “It is very special. In fact, I didn’t expect to win it because the competition was too high. Today morning, I felt that it could go to a tie-breaker. But things turned out in my favour as none of the other competitors won their final rounds. That cleared the path for me and incidentally, I was aware of winning the title after I finished the game,’’ said a delighted Humpy. Speaking from New York, Humpy felt this title is a big relief as she struggled coming into this tournament. “After Candidates, I struggled a lot. I even ended up in last place in the previous two tournaments. I was very low at the start of this tournament. There were thoughts of whether it is time to quit the game. I had to struggle to win this world title. I was 10th seed in this competition. This is one of my memorable victories,” Humpy explained. Stressing on how she hates losing, the Vijayawada-based GM said she was determined to win this tournament. “I hate losing and never wanted to end up as a loser. I always wanted to win and become the No. 1 player. I think that motivated me despite my poor run-up to this tournament. It is not easy to win a world title when you are 37 and also a mother of a seven-year-old. It is quite a challenge because there is fierce competition around. There are many young players who can beat any player in the world. In shorter time control, you need to have a lot of energy. I’m happy that I made it,” she said. She recalled being a little younger when she won her first Rapid World title win in 2019. “I was a little younger then when I won my first world title. Now with youngsters coming up, I, at 37, cannot be sharp like them. Considering the age factor, sometimes things don’t fall your way. But I think I overcame all these hurdles,” Humpy remarked. Humpy, who has an ELO rating of 2431 in World Rapid ranking, revealed that she had no regrets of missing the Olympiad where the Indian women and men’s teams made history by winning gold for the first time. “I had personal reasons to quit the tournament. I think my focus is more as an individual player.” An emotional Humpy said she misses her daughter Ahana a lot whenever she goes out to play tournaments. “She knows that I am a chess player and I travel around a lot for tournaments. Now, she keeps asking me about the placings like how I finished in the tournaments or whether I won a medal or not. I haven’t spoken with her yet as it is too early [the interview was done at 7 am IST]. My parents take care of my daughter. Of course, whenever I have long tournaments, she misses me a lot and falls sick. Now I play a limited number of tournaments. I don’t play two or three tournaments at a stretch.’’ Humpy is glad about the all-round success in India’s chess, like the Indian team winning the Olympiad gold and D Gukesh clinching the classical world title. She said: “It is a great moment for India as we won gold in Olympiads and Gukesh won the World title. The boom in Indian chess is going in a positive way that has made the country proud.’’ Humpy’s next tournament is World Blitz which starts in two days’ time at the same venue.William Penn Bancorporation ( NASDAQ:WMPN – Get Free Report ) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 13,300 shares, a growth of 43.0% from the November 30th total of 9,300 shares. Based on an average trading volume of 36,400 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short. William Penn Bancorporation Price Performance Shares of NASDAQ:WMPN opened at $12.02 on Friday. The firm has a market capitalization of $110.68 million, a PE ratio of -200.33 and a beta of -0.03. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.32. William Penn Bancorporation has a 1-year low of $10.80 and a 1-year high of $13.87. The business’s 50 day moving average is $12.79 and its 200-day moving average is $12.18. William Penn Bancorporation ( NASDAQ:WMPN – Get Free Report ) last posted its quarterly earnings results on Wednesday, October 16th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. William Penn Bancorporation had a negative net margin of 0.09% and a negative return on equity of 0.19%. The firm had revenue of $4.79 million for the quarter, compared to the consensus estimate of $4.86 million. William Penn Bancorporation Dividend Announcement Institutional Inflows and Outflows An institutional investor recently raised its position in William Penn Bancorporation stock. Dryden Capital LLC grew its stake in William Penn Bancorporation ( NASDAQ:WMPN – Free Report ) by 722.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 228,560 shares of the company’s stock after purchasing an additional 200,773 shares during the period. William Penn Bancorporation makes up approximately 4.5% of Dryden Capital LLC’s holdings, making the stock its 9th largest holding. Dryden Capital LLC owned approximately 2.42% of William Penn Bancorporation worth $2,606,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 31.18% of the company’s stock. William Penn Bancorporation Company Profile ( Get Free Report ) William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts. Further Reading Receive News & Ratings for William Penn Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for William Penn Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter .

NoneJonah Goldberg: What if most Americans aren't bitterly divided?PALO ALTO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Fiscal 2024 GAAP diluted net earnings per share ("EPS") of $2.81, above the previously provided outlook of $2.62 to $2.72 per share Fiscal 2024 non-GAAP diluted net EPS of $3.38, within the previously provided outlook of $3.35 to $3.45 per share Fiscal 2024 net revenue of $53.6 billion, down 0.3% from the prior-year period Fiscal 2024 net cash provided by operating activities of $3.7 billion, free cash flow of $3.3 billion Fiscal 2024 returned $3.2 billion to shareholders in the form of share repurchases and dividends Fourth quarter GAAP diluted net EPS of $0.93, above the previously provided outlook of $0.74 to $0.84 per share Fourth quarter non-GAAP diluted net EPS of $0.93, within the previously provided outlook of $0.89 to $0.99 per share Fourth quarter net revenue of $14.1 billion, up 1.7% from the prior-year period Fourth quarter net cash provided by operating activities of $1.6 billion, free cash flow of $1.5 billion Fourth quarter returned $1.2 billion to shareholders in the form of share repurchases and dividends HP Inc. announces dividend increase of 5% Notes to table Information about HP Inc.'s use of non-GAAP financial information is provided under "Use of non-GAAP financial information" below. Net revenue and EPS results HP Inc. and its subsidiaries (“HP”) announced fiscal 2024 net revenue of $53.6 billion, down 0.3% (down 0.2% in constant currency) from the prior-year period. Fiscal 2024 GAAP diluted net EPS was $2.81, down from $3.26 in the prior-year and above the previously provided outlook of $2.62 to $2.72. Fiscal 2024 non-GAAP diluted net EPS was $3.38, up from $3.28 in the prior-year period and within the previously provided outlook of $3.35 to $3.45. Fiscal 2024 non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax adjustments of $564 million, or $0.57 per diluted share, related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, debt extinguishment costs, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. Fourth quarter net revenue was $14.1 billion, up 1.7% (up 2.3% in constant currency) from the prior-year period. Fourth quarter GAAP diluted net EPS was $0.93, down from $0.97 in the prior-year period and above the previously provided outlook of $0.74 to $0.84. Fourth quarter non-GAAP diluted net EPS was $0.93, up from $0.90 in the prior-year period and within the previously provided outlook of $0.89 to $0.99. Fourth quarter non-GAAP net earnings and non-GAAP diluted net EPS excludes after-tax adjustments of $6 million, or nil per diluted share, related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, debt extinguishment costs, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. “We are pleased with our Q4 performance where we saw revenue growth for the second consecutive quarter, driven by steady progress in Personal Systems and Print,” said Enrique Lores, HP President and CEO. “With momentum heading into FY25, we are well-positioned to capitalize on the commercial opportunity and lead the future of work.” “In FY24 we drove non-GAAP EPS and free cash flow growth which allowed us to return approximately $3.2 billion to shareholders,” said Karen Parkhill, HP CFO. “As we look ahead, we are well positioned to deliver solid growth across revenue, non-GAAP net earnings, EPS and free cash flow in FY25. And given our confidence in the future, we are raising our annual dividend by 5 percent.” Asset management HP generated $3.7 billion in net cash provided by operating activities and $3.3 billion of free cash flow in fiscal 2024. Free cash flow includes net cash provided by operating activities of $3.7 billion adjusted for net investments in leases from integrated financing of $165 million and net investments in property, plant and equipment of $592 million. HP utilized $2.1 billion of cash during fiscal 2024 to repurchase approximately 62.7 million shares of common stock in the open market. When combined with the $1.1 billion of cash used to pay dividends, HP returned 96% of its free cash flow to shareholders in fiscal 2024. HP's net cash provided by operating activities in the fourth quarter of fiscal 2024 was $1.6 billion. Accounts receivable ended the quarter at $5.1 billion, up 2 days quarter over quarter at 33 days. Inventory ended the quarter at $7.7 billion, down 4 days quarter over quarter to 63 days. Accounts payable ended the quarter at $16.9 billion, up 7 days quarter over quarter to 138 days. HP generated $1.5 billion of free cash flow in the fourth quarter. Free cash flow includes net cash provided by operating activities of $1.6 billion adjusted for net investments in leases from integrated financing of $42 million and net investments in property, plant and equipment of $153 million. HP’s dividend payment of $0.2756 per share in the fourth quarter resulted in cash usage of $263 million. HP also utilized $900 million of cash during the quarter to repurchase approximately 25.4 million shares of common stock in the open market. HP exited the quarter with $3.3 billion in gross cash, which includes cash, cash equivalents and restricted cash and short-term investments of $3 million included in other current assets. Cash, cash equivalents and restricted cash includes $15 million of restricted cash related to amounts collected and held on behalf of a third party for trade receivables previously sold. The HP board of directors has declared a quarterly cash dividend of $0.2894 per share on the company’s common stock, payable on January 2, 2025 to stockholders of record as of the close of business on December 11, 2024. This is the first dividend of HP's 2025 fiscal year and represents an increase of 5% from the prior dividend. Fiscal 2024 fourth quarter segment results Personal Systems net revenue was $9.6 billion, up 2% year over year (up 3% in constant currency) with a 5.7% operating margin. Consumer PS net revenue was down 4% and Commercial PS net revenue was up 5%. Total units were up 1% with Consumer PS units down 3% and Commercial PS units up 4%. Printing net revenue was $4.5 billion, up 1% year over year (up 2% in constant currency) with a 19.6% operating margin. Consumer Printing net revenue was up 3% and Commercial Printing net revenue was down 1%. Supplies net revenue was up 2% (up 3% in constant currency). Total hardware units were up 9.5%, with Consumer Printing units up 10% and Commercial Printing units up 9%. Outlook For the fiscal 2025 first quarter, HP estimates GAAP diluted net EPS to be in the range of $0.57 to $0.63 and non-GAAP diluted net EPS to be in the range of $0.70 to $0.76. Fiscal 2025 first quarter non-GAAP diluted net EPS estimates exclude $0.13 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. For fiscal 2025, HP estimates GAAP diluted net EPS to be in the range of $3.06 to $3.36 and non-GAAP diluted net EPS to be in the range of $3.45 to $3.75. Fiscal 2025 non-GAAP diluted net EPS estimates exclude $0.39 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. For fiscal 2025, HP anticipates generating free cash flow in the range of $3.2 to $3.6 billion. More information on HP's earnings, including additional financial analysis and an earnings overview presentation, is available on HP's Investor Relations website at investor.hp.com . HP's FY24 Q4 earnings conference call is accessible via audio webcast at www.hp.com/investor/2024Q4Webcast . About HP Inc. HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com . Use of non-GAAP financial information To supplement HP’s consolidated condensed financial statements presented on a generally accepted accounting principles (“GAAP”) basis, HP provides net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt) financial measures. HP also provides forecasts of non-GAAP diluted net EPS and free cash flow. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables below or elsewhere in the materials accompanying this news release. In addition, an explanation of the ways in which HP’s management uses these non-GAAP measures to evaluate its business, the substance behind HP’s decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which HP’s management compensates for those limitations, and the substantive reasons why HP’s management believes that these non-GAAP measures provide useful information to investors is included under “Use of non-GAAP financial measures” after the tables below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for net revenue, operating expense, operating profit, operating margin, other income and expenses, tax rate, net earnings, diluted net EPS, cash provided by operating activities or cash, cash equivalents, and restricted cash prepared in accordance with GAAP. Forward-looking statements This document contains forward-looking statements based on current expectations and assumptions that involve risks and uncertainties. If the risks or uncertainties ever materialize or the assumptions prove incorrect, they could affect the business and results of operations of HP Inc. and its consolidated subsidiaries which may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred taxes, share repurchases, foreign currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges, planned structural cost reductions and productivity initiatives; any statements of the plans, strategies and objectives of management for future operations, including, but not limited to, our business model and transformation, our sustainability goals, our go-to-market strategy, the execution of restructuring plans and any resulting cost savings (including the fiscal 2023 plan), net revenue or profitability improvements or other financial impacts; any statements concerning the expected development, demand, performance, market share or competitive performance relating to products or services; any statements concerning potential supply constraints, component shortages, manufacturing disruptions or logistics challenges; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims, disputes or other litigation matters; any statements of expectation or belief as to the timing and expected benefits of acquisitions and other business combination and investment transactions; and any statements of assumptions underlying any of the foregoing. Forward-looking statements can also generally be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will,” “would,” “could,” “can,” “may,” and similar terms. Risks, uncertainties and assumptions that could affect our business and results of operations include factors relating to HP’s ability to execute on its strategic plans, including the previously announced initiatives, business model changes and transformation; the development and transition of new products and services and the enhancement of existing products and services to meet evolving customer needs and respond to emerging technological trends, including artificial intelligence; the use of artificial intelligence; the impact of macroeconomic and geopolitical trends, changes and events, including the ongoing military conflicts in Ukraine and the Middle East or tensions in the Taiwan Strait and South China Sea and the regional and global ramifications of these events; volatility in global capital markets and foreign currency, increases in benchmark interest rates, the effects of inflation and instability of financial institutions; risks associated with HP’s international operations and the effects of business disruption events, including those resulting from climate change; the need to manage (and reliance on) third-party suppliers, including with respect to supply constraints and component shortages, and the need to manage HP’s global, multi-tier distribution network and potential misuse of pricing programs by HP’s channel partners, adapt to new or changing marketplaces and effectively deliver HP’s services; the execution and performance of contracts by HP and its suppliers, customers, clients and partners, including logistical challenges with respect to such execution and performance; the competitive pressures faced by HP’s businesses; the impact of third-party claims of IP infringement; successfully innovating, developing and executing HP’s go-to-market strategy, including online, omnichannel and contractual sales, in an evolving distribution, reseller and customer landscape; successfully competing and maintaining the value proposition of HP’s products, including supplies and services; challenges to HP’s ability to accurately forecast inventories, demand and pricing, which may be due to HP’s multi-tiered channel, sales of HP’s products to unauthorized resellers or unauthorized resale of HP’s products or our uneven sales cycle; the hiring and retention of key employees; the results of our restructuring plans (including the fiscal 2023 plan), including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of our restructuring plans; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; disruptions in operations from system security risks, data protection breaches, or cyberattacks; HP’s ability to maintain its credit rating, satisfy its debt obligations and complete any contemplated share repurchases, other capital return programs or other strategic transactions; changes in estimates and assumptions HP makes in connection with the preparation of its financial statements; the impact of changes to federal, state, local and foreign laws and regulations, including environmental regulations and tax laws; integration and other risks associated with business combination and investment transactions; our aspirations related to environmental, social and governance matters; potential impacts, liabilities and costs from pending or potential investigations, claims and disputes; the effectiveness of our internal control over financial reporting; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2023 and HP’s other filings with the Securities and Exchange Commission ("SEC"). HP’s fiscal 2023 plan includes HP's efforts to take advantage of future growth opportunities, including but not limited to, investments to drive growth, investments in our people, improving product mix, driving structural cost savings and other productivity measures. Structural cost savings represent gross reductions in costs driven by operational efficiency, digital transformation, and portfolio optimization. These initiatives include but are not limited to workforce reductions, platform simplification, programs consolidation and productivity measures undertaken by HP, which HP expects to be sustainable in the longer-term. These structural cost savings are net of any new recurring costs resulting from these initiatives and exclude one-time investments to generate such savings. HP’s expectations on the longer-term sustainability of such structural cost savings are based on its current business operations and market dynamics and could be significantly impacted by various factors, including but not limited to HP’s evolving business models, future investment decisions, market environment and technology landscape. As in prior periods, the financial information set forth in this document, including any tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be reasonable, these amounts could differ materially from reported amounts in HP’s Annual Report on Form 10-K for the fiscal years ending October 31, 2024 and October 31, 2025, Quarterly Report on Form 10-Q for the fiscal quarter ending January 31, 2025, and HP’s other filings with the SEC. The forward-looking statements in this document are made as of the date of this document and HP assumes no obligation and does not intend to update these forward-looking statements. HP’s Investor Relations website at investor.hp.com contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated, and new information is posted. The content of HP’s website is not incorporated by reference into this document or in any other report or document HP files with the SEC, and any references to HP’s website are intended to be inactive textual references only. Editorial contacts HP Inc. Media Relations MediaRelations@hp.com HP Inc. Investor Relations InvestorRelations@hp.com Use of non-GAAP financial measures To supplement HP’s consolidated condensed financial statements presented on a GAAP basis, HP provides net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt). HP also provides forecasts of non-GAAP diluted net EPS and free cash flow. These non-GAAP financial measures are not computed in accordance with, or as an alternative to, GAAP in the United States. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables above or elsewhere in the materials accompanying this news release. Use and economic substance of non-GAAP financial measures Net revenue on a constant currency basis excludes the effect of foreign currency exchange fluctuations calculated by translating current period revenues using monthly exchange rates from the comparative period and excluding any hedging impact recognized in the current period. Non-GAAP operating margin is defined to exclude the effects of any amounts relating to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets. Non-GAAP net earnings and non-GAAP diluted net EPS consist of net earnings or diluted net EPS excluding those same charges, non-operating retirement related (credits)/charges, debt extinguishment costs (benefit), tax adjustments and the amount of additional taxes or tax benefits associated with each non-GAAP item. HP’s management uses these non-GAAP financial measures for purposes of evaluating HP’s historical and prospective financial performance, as well as HP’s performance relative to its competitors. HP’s management also uses these non-GAAP measures to further its own understanding of HP’s segment operating performance. HP believes that excluding the items mentioned above for these non-GAAP financial measures allows HP’s management to better understand HP’s consolidated financial performance in relation to the operating results of HP’s segments, as HP’s management does not believe that the excluded items are reflective of ongoing operating results. More specifically, HP’s management excludes each of those items mentioned above for the following reasons: Restructuring and other charges are (i) costs associated with a formal restructuring plan and are primarily related to employee separation from service and early retirement costs and related benefits, costs of real estate consolidation and other non-labor charges; and (ii) other charges, which includes non-recurring costs including those as a result of information technology rationalization efforts and transformation program management and are distinct from ongoing operational costs. HP excludes these restructuring and other charges (and any reversals of charges recorded in prior periods) for purposes of calculating these non-GAAP measures because HP believes that these costs do not reflect expected future operating expenses and do not contribute to a meaningful evaluation of HP's current operating performance or comparisons to operating performance in other periods. HP incurs cost related to its acquisitions and divestitures, which it would not have otherwise incurred as part of its operations. The charges are direct expenses such as third-party professional and legal fees, integration and divestiture-related costs, as well as non-cash adjustments to the fair value of certain acquired assets such as inventory and certain compensation charges related to cash settlement of restricted stock units and performance-based restricted stock units towards acquisitions. These charges related to acquisitions and divestitures are inconsistent in amount and frequency and are significantly impacted by the timing and nature of HP's acquisitions or divestitures. HP believes that eliminating such expenses for purposes of calculating these non-GAAP measures facilitates a more meaningful evaluation of HP’s current operating performance and comparisons to operating performance in other periods. HP incurs charges relating to the amortization of intangible assets. Those charges are included in HP’s GAAP earnings, operating margin, net earnings and diluted net EPS. Such charges are significantly impacted by the timing and magnitude of HP’s acquisitions and any related impairment charges. Consequently, HP excludes these charges for purposes of calculating these non-GAAP measures to facilitate a more meaningful evaluation of HP’s current operating performance and comparisons to operating performance in other periods. HP incurs debt extinguishment (benefit)/costs includes certain (gain)/loss related to repurchase of certain of its outstanding U.S. dollar global notes or termination of commitments under revolving credit facilities. These (gain)/loss resulting from debt redemption transactions are partially or more than offset by costs such as bond repurchase premiums, bank fees, unpaid accrued interests, etc. HP excludes these (benefit)/costs for the purposes of calculating these non-GAAP measures to facilitate a more meaningful evaluation of HP's current operating performance and comparisons to operating performance in other periods. Non-operating retirement-related (credits)/charges includes certain market-related factors such as interest cost, expected return on plan assets, amortized actuarial gains or losses, associated with HP’s defined benefit pension and post-retirement benefit plans. The market-driven retirement-related adjustments are primarily due to the changes in the value of pension plan assets and liabilities which are tied to financial market performance and HP considers these adjustments to be outside the operational performance of the business. Non-operating retirement-related (credits)/charges also include certain plan curtailments, settlements and special termination benefits related to HP’s defined benefit pension and post-retirement benefit plans. HP believes that eliminating such adjustments for purposes of calculating non-GAAP measures facilitates a more meaningful evaluation of HP's current operating performance and comparisons to operating performance in other periods. HP recorded tax adjustments including tax expenses and benefits from internal reorganizations, realizability of certain deferred tax assets, various tax rate and regulatory changes, and tax settlements across various jurisdictions. HP excludes these adjustments for the purposes of calculating these non-GAAP measures to facilitate a more meaningful evaluation of HP's current operating performance and comparisons to operating performance in other periods. Free cash flow is a non-GAAP measure that is defined as cash flow provided by (used in) operating activities adjusted for net investment in leases from integrated financing and net investments in property, plant, and equipment. Gross cash is a non-GAAP measure that is defined as cash, cash equivalents and restricted cash plus short-term investments and certain long-term investments that may be liquidated within 90 days pursuant to the terms of existing put options or similar rights. HP’s management uses free cash flow and gross cash for the purpose of determining the amount of cash available for investment in HP’s businesses, repurchasing stock and other purposes. HP’s management also uses free cash flow and gross cash to evaluate HP’s historical and prospective liquidity. Because gross cash includes liquid assets that are not included in cash, cash equivalents and restricted cash, HP believes that gross cash provides a helpful assessment of HP’s liquidity. Because free cash flow includes net cash provided by (used in) operating activities adjusted for net investment in leases from integrated financing and net investments in property, plant and equipment. HP believes that free cash flow provides a more accurate and complete assessment of HP’s liquidity and capital resources. Net cash (debt) is defined as gross cash less gross debt after adjusting the effect of unamortized premium/discount on debt issuance, debt issuance costs and gains/losses on interest rate swaps. Key Growth Areas Key Growth Areas represent HP’s businesses which management expects to grow at a rate faster than HP’s core business with accretive margins in the longer term. HP’s Key Growth Areas are comprised of: Hybrid Systems: Video conferencing solutions, cameras, headsets, voice, and related software capabilities Gaming: Gaming PCs (Omen, Victus, etc.), HyperX and gaming accessories Workforce Solutions: Managed services (Managed Print Service and Device-as-a-Service), digital services and lifecycle services Consumer Subscriptions: Instant Ink, other consumer subscriptions and consumer digital services Industrial Graphics: Large Format Industrial, Page Wide Press (PWP), Indigo and Page Wide Industrial packaging solutions and supplies 3D & Personalization: Portfolio of additive manufacturing solutions and supplies including end-to-end solutions such as molded fiber, footwear and orthotics Material limitations associated with use of non-GAAP financial measures These non-GAAP financial measures may have limitations as analytical tools, and these measures should not be considered in isolation or as a substitute for analysis of HP’s results as reported under GAAP. Some of the limitations in relying on these non-GAAP financial measures are: Items such as amortization of intangible assets, though not directly affecting HP’s cash position, represent the loss in value of intangible assets over time. The expense associated with this change in value is not included in non-GAAP operating margin, non-GAAP net earnings and non-GAAP diluted net EPS, and therefore does not reflect the full economic effect of the change in value of those intangible assets. Items such as restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets are excluded from non-GAAP operating margin. In addition, non-operating retirement-related (credits)/charges, debt extinguishment costs (benefit) and tax adjustments are excluded from non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings and non-GAAP diluted net EPS. These items can have a material impact on the equivalent GAAP earnings measure and cash flows. HP may not be able to immediately liquidate the short-term and certain long-term investments included in gross cash, which may limit the usefulness of gross cash as a liquidity measure. Other companies may calculate the non-GAAP financial measures differently than HP, limiting the usefulness of those measures for comparative purposes. Compensation for limitations associated with use of non-GAAP financial measures HP accounts for the limitations on its use of non-GAAP financial measures by relying primarily on its GAAP results and using non-GAAP financial measures only supplementally. HP also provides reconciliations of each non-GAAP financial measure to its most directly comparable GAAP measure within this news release and in other written materials that include these non-GAAP financial measures, and HP encourages investors to review those reconciliations carefully. Usefulness of non-GAAP financial measures to investors HP believes that providing net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt) to investors in addition to the related GAAP financial measures provides investors with greater insight to the information used by HP’s management in its financial and operational decision making and allows investors to see HP’s results “through the eyes” of management. HP further believes that providing this information better enables HP’s investors to understand HP’s operating performance and financial condition and to evaluate the efficacy of the methodology and information used by HP’s management to evaluate and measure such performance and financial condition. Disclosure of these non-GAAP financial measures also facilitates comparisons of HP’s operating performance with the performance of other companies in HP’s industry that supplement their GAAP results with non-GAAP financial measures that may be calculated in a similar manner.Domestic Violence: The Scourge Without End

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Joplin City Hall holiday window display debuts Tuesday nightHyzon Receives Order for Refuse Collection And Class 8 200kW Fuel Cell Electric Trucks From South San Francisco Scavenger Company – Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced an order for two Fuel Cell Electric Trucks (FCETs) – a refuse collection and Class 8 200kW truck – from South San Francisco Scavenger Co., a family-owned company providing solid waste and recycling services to local communities since 1914. The two FCET order is subject to certain conditions including the availability of applicable subsidies. The order follows multiple successful FCET trials as well as Hyzon securing North America’s first-ever refuse collection FCET order in October 2024. Hyzon Chief Executive Officer (CEO) , said : added : Hyzon’s refuse collection FCET is built in cooperation with New Way Trucks, a privately held, industry-leading refuse truck body manufacturer. The FCET is North America’s first refuse collection FCET, powered by Hyzon’s high-performance hydrogen fuel cell systems. It demonstrates consistent power over a range of at least 125 miles, including a minimum of 1,300 cart lifts along with trips to the transfer station, all while achieving up to 300 percent increased fuel efficiency over traditional diesel trucks. President of South San Francisco Scavenger Company, Doug Button, President of South San Francisco Scavenger Company : “This partnership reflects our commitment to adopting cutting-edge technologies that reduce emissions while maintaining the performance standards our community relies upon,” he said. This order is Hyzon’s second for its refuse collection FCET, with the first coming in October 2024 from recycling and innovation pioneer GreenWaste®[1]. the latest news shaping the hydrogen market at Hyzon Receives Order for Refuse Collection And Class 8 200kW Fuel Cell Electric Trucks From South San Francisco Scavenger Company, Blue Origin Licenses Nimbus Power Systems’ Fuel Cell Technology for Development of Space Power Systems GROTON, Conn.–(BUSINESS WIRE)–Nimbus Power Systems, Inc., a pioneering developer of advanced fuel cell... Delta Unveils Taiwan’s 1st Megawatt-grade Hydrogen Electrolyser and Fuel Cell R&D Lab to Advance Hydrogen Energy Innovation TAIPEI, December 12, 2024 — Delta, a global leader in power management and a provider of... SFC Energy AG secures another million-euro order – Linc Polska again relies on fuel cells by SFC Energy Brunnthal/Munich, Germany, 9 December 2024 – SFC Energy AG (“SFC”, F3C:DE, ISIN: DE0007568578), a leading...

(Photo by Kampus Production via Pexels) By Stephen Beech Employees are suffering "techno-strain" as a result of digital systems making it difficult to switch off from work, warns a new study. Staff are experiencing mental and physical issues due to being "hyperconnected" through digital technology, according to the findings. Researchers from the University of Nottingham’s Schools of Psychology and Medicine conducted detailed interviews with employees from a variety of professions. They found that the cognitive and affective effort associated with constant connectivity and high work pace driven by the digital workplace is detrimental to employee well-being. The study is the final part of a research project exploring the "dark side effects" of digital working which include stress, overload, anxiety and fear of missing out. The results, published in the journal Frontiers in Organisational Psychology , highlight an "overarching" theme of "digital workplace technology intensity" as a result of digital workplace job demands. The research team says their findings indicate a "sense of burden" associated with working digitally which surfaced for most participants in perceptions of overload and feelings of being "overwhelmed" by the proliferation of messages, apps and meetings in the digital workplace. They say "fear of missing out" - or FOMO- on important information and contact with colleagues also contributed to stress and strain for digital workers, as did hassles encountered when using digital technologies. (Photo by Tara Winstead via Pexels) Study leader Elizabeth Marsh said: “Digital workplaces benefit both organizations and employees, for example by enabling collaborative and flexible work. "However, what we have found in our research is that there is a potential dark side to digital working, where employees can feel fatigue and strain due to being overburdened by the demands and intensity of the digital work environment. "A sense of pressure to be constantly connected and keeping up with messages can make it hard to psychologically detach from work." Fourteen employees were interviewed in detail and asked about their perceptions and experiences of digital workplace job demands and impacts to their health. Comments from interviewees included: “[It’s] just more difficult to leave it behind when it's all online and you can kind of jump on and do work at any time of the day or night.” Another participant said: “You kind of feel like you have to be there all the time. You have to be a little green light,” while another commented: “It's that pressure to respond [...] I've received an e-mail, I've gotta do this quickly because if not, someone might think “What is she doing from home?” In their analysis, the researchers explored potential underlying psychological, technological and organizational factors that may influence ways in which employees experience digital workplace job demands. The findings showed that participants' dark side experiences were particularly shaped by a pervasive and constant state of connectivity in the digital workplace, termed "hyperconnectivity." Those experiences contributed to a sense of pressure to be available and the erosion of work-life boundaries, according to the research team. (Photo by Thirdman via Pexels) They said the evidence also indicates that "hyperconnectivity" has become the norm among workers post-pandemic. PhD student Marsh said: “The findings underline the need for both researchers and professionals to identify, understand and mitigate the digital workplace job demands to protect the well-being of digital workers.” The research also makes practical suggestions for employers including helping workers improve their digital skills and empowering them to manage boundaries in the digital workplace. The team says their findings could also be used by IT departments to consider how to improve the usability and accessibility of the digital workplace, as well as reining in the proliferation of applications. Dr. Alexa Spence, Professor of Psychology, said: “This research extends the Job Demands-Resources literature by clarifying digital workplace job demands including hyperconnectivity and overload." She added: "It also contributes a novel construct of digital workplace technology intensity which adds new insight on the causes of technostress in the digital workplace. "In doing so, it highlights the potential health impacts, both mental and physical, of digital work.”The Human Firewall: How Corporate Training Reduces Insider Threats 12-17-2024 07:44 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire The Human Firewall In the ever-evolving landscape of cybersecurity, organizations are constantly improving their technology infrastructure, implementing firewalls, encryption, and anti-malware tools to keep their data safe. But here's a sobering truth: while tech solutions are essential, they alone aren't enough to safeguard an organization from insider threats. Yes, the greatest vulnerability often lies within the organization itself - its employees. This is where the concept of the "Human Firewall" comes into play. By investing in comprehensive corporate training, companies can empower employees to recognize threats, practice safe online behaviours, and ultimately reduce the risk of insider attacks. Let's explore why this is such an important step in securing an organization's most valuable asset: its data. Understanding Insider Threats First, let's define what we mean by "insider threats." Insider threats refer to security risks that come from people within the organization - employees, contractors, or business partners, who have access to confidential data, systems, or networks. These threats can be intentional, such as when an employee deliberately leaks or misuses sensitive information, or unintentional, like when a staff member falls victim to a phishing scam and inadvertently compromises company data. According to a 2023 report by the Ponemon Institute, insider threats are responsible for more than half of all data breaches. These incidents are not only costly in terms of financial damage but also harm an organization's reputation and consumer trust. So, what can be done to mitigate this risk? The answer lies in training. The Role of Corporate Training in Cybersecurity When it comes to reducing insider threats, employees are your first line of defense. The training they receive can make the difference between a potential breach and a thwarted attack. Cybersecurity training programs [ https://www.infosectrain.com/courses/cybersecurity-awareness-program/ ] are designed to equip staff with the knowledge they need to identify, avoid, and report suspicious activity. 1. Raising Awareness of Common Threats One of the most important aspects of corporate training [ https://www.infosectrain.com/corporate-training/ ] is raising awareness. Many insider threats stem from human error, such as falling for phishing emails, weak password management, or mishandling sensitive data. Training programs focus on helping employees recognize the warning signs of cyber threats, such as suspicious emails or unexpected requests for access to sensitive information. For instance, a study by the Cybersecurity and Infrastructure Security Agency (CISA) found that phishing remains one of the top attack vectors for cybercriminals, with 91% of attacks starting with a phishing email. By educating employees on how to spot these attacks, organizations can significantly reduce their vulnerability. Certifications like CompTIA Security+ [ https://www.infosectrain.com/courses/comptia-security/ ] provide employees with fundamental cybersecurity knowledge, helping them identify common threats like phishing attacks, weak password practices, and improper data handling, significantly reducing human errors that cybercriminals exploit. 2. Establishing Strong Security Habits Corporate training also focuses on the development of strong security practices. Employees are taught how to create complex passwords, implement two-factor authentication, and safely share information. Additionally, training programs often emphasize the importance of securing devices, both in the office and when working remotely. Given the rise of remote work, having employees who are trained on securing their home networks, using VPNs, and avoiding public Wi-Fi networks is crucial in mitigating risks. 3. Promoting a Culture of Cybersecurity Beyond technical skills, effective training programs foster a culture of cybersecurity within the organization. Employees are encouraged to report suspicious activity, be mindful of the data they handle, and support their peers in maintaining good security practices. A well-informed workforce is not just a passive participant; they become active contributors to the overall security posture of the company. When employees are trained to be vigilant and proactive, they're more likely to identify potential threats before they escalate. Encouraging a collective responsibility for cybersecurity helps turn every employee into a defender of the organization's assets. In organizations leveraging cloud solutions, CCSP [ https://www.infosectrain.com/courses/ccsp-certification-training/ ] (Certified Cloud Security Professional) training equips employees with critical skills to protect data stored in the cloud, ensuring that security remains a top priority in dynamic work environments. The Consequences of Ignoring Training What happens if an organization neglects to train its employees in cybersecurity? The risks are clear. In addition to the direct financial costs of a breach, there are potential legal ramifications and the loss of customer trust. In fact, a 2022 report by IBM found that the average cost of a data breach caused by human error was $4.45 million, with insider threats contributing to the majority of these breaches. Furthermore, without proper training, employees may unknowingly engage in risky behaviour that opens the door to cybercriminals. Whether it's clicking on malicious links, misusing access privileges, or neglecting to follow company security protocols, these actions can result in costly breaches. The Bottom Line: Training as a Critical Investment Corporate training on cybersecurity is no longer just an option; it's a necessity. By building a "human firewall" through continuous education, companies can equip their employees to effectively combat insider threats, reduce risks, and safeguard critical business data. Investing in regular training sessions, phishing simulations, and awareness campaigns will pay dividends in the long run, helping to create a workforce that is both security-conscious and resilient in the face of emerging threats. Ultimately, when every employee understands the importance of cybersecurity and is equipped with the right tools to act, they form a powerful line of defense that no cybercriminal can easily bypass. Conclusion In the battle against cyber threats, the "Human Firewall" is one of the most powerful defenses an organization can have. With insider threats accounting for a significant portion of breaches, it's clear that training employees in cybersecurity best practices is not just important; it's essential. By fostering a security-first culture and providing employees with the tools to recognize and respond to threats, businesses can significantly reduce their vulnerability and ensure that their most sensitive data remains protected. So, if you haven't already, now's the time to invest in cybersecurity training for your employees. After all, when everyone in the organization is a part of the defense team, the odds of falling victim to an insider threat drop dramatically. Media Contact Company Name: InfosecTrain (An Intiative by Azpirantz Technologies LLP) Contact Person: Vikas Agrawal Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=the-human-firewall-how-corporate-training-reduces-insider-threats ] Phone: 18008437890 Address:B7, Sector 1 City: Noida State: Uttar Pradesh 201301 Country: India Website: http://www.infosectrain.com This release was published on openPR.

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