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Canaan: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 08:10:44 GMT

HAIDIAN DISTRICT BEIJING , China (AP) — HAIDIAN DISTRICT BEIJING, China (AP) — Canaan Inc. (CAN) on Tuesday reported a third-quarter loss of $80.1 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Haidian District Beijing, China-based company said it had a loss of 47 cents. Losses, adjusted for stock option expense, came to 41 cents per share.The cryptocurrency-mining computer maker posted revenue of $33.3 million in the period.For the current quarter ending in December, Canaan said it expects revenue in the range of $34 million.The company’s shares closed at $1.69. A year ago, they were trading at $2.58._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAN at https://www.zacks.com/ap/CANSource

Champions League prices are best in Germany and worst in Scotland, UEFA-backed fan group claims

Published Wed, 26 Feb 2025 08:10:44 GMT

NYON, Switzerland (AP) — When it comes to charging traveling fans for Champions League tickets, German clubs give the best value to away teams and Scottish clubs the worst.Celtic and Rangers routinely charged visiting fans 70 euros ($77) – the UEFA-mandated maximum for the away section at Champions League games – last season while Bayer Leverkusen asked for just 15 euros ($16.50), according to research published Tuesday by Football Supporters Europe.The FSE, UEFA’s official fan liaison group, claimed safe standing areas for away fans at European games was key to driving down prices. The average cost for fans to stand was 28% lower than seated areas at Champions League games.The average price for an away ticket in the Champions League was 47 euros ($51.50) last season. Prices had peaked at 119 euros ($130) five years ago before UEFA capped the ticket price for away fans.German clubs had four of the five lowest average away prices. Bayern Munich was the exception of the five German te...

Bank of Nova Scotia: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 08:10:44 GMT

TORONTO (AP) — TORONTO (AP) — Bank of Nova Scotia (BNS) on Tuesday reported fiscal fourth-quarter earnings of $997 million.The bank, based in Toronto, said it had earnings of 75 cents per share. Earnings, adjusted for non-recurring costs, were 93 cents per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.The bank posted revenue of $13.8 billion in the period. Its revenue net of interest expense was $6.12 billion, which topped Street forecasts.For the year, the company reported profit of $5.49 billion, or $4.29 per share. Revenue was reported as $23.95 billion.Bank of Nova Scotia shares have fallen roughly 10% since the beginning of the year. The stock has decreased 17% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BNS at https...

Street closures for Thursday’s National Christmas Tree Lighting Ceremony

Published Wed, 26 Feb 2025 08:10:44 GMT

This year’s annual National Christmas Tree Lighting takes place this Thursday at D.C.’s President Park.The event will be hosted by American country artist Mickey Guyton with performances from actor Darren Criss, jazz singer Samara Joy, Ledisi, Reneé Rapp, St. Vincent, Joe Walsh and Dionne Warwick. The event will also feature the U.S. Coast Guard’s Guardians Big Band.But the star of the show is the tree itself: a 40-foot Norway spruce from Monongahela National Forest in West Virginia.CBS will air a special National Christmas Tree Lighting show at 8 p.m. on Dec. 15. The park will open to the public Dec. 2, two days after the lighting ceremony.It’s too late to grab a ticket. The lottery for tickets to the event closed on Nov. 8. However, it’s not too late to alter your travel plans and avoid a potentially confusing Thursday commute.The following streets will be closed to vehicle traffic from approximately 1 to 7 p.m. Thursday:17th Street from H Street, NW ...

Northwesterly winds usher in plummeting temperatures for DC area

Published Wed, 26 Feb 2025 08:10:44 GMT

Winds from the northwest are ushering in a cold snap for the D.C. area, including the first freeze of the season. Here’s what you need to know.Listen to WTOP online and on the radio at 103.5 FM or 107.7 FM.Current traffic conditionsWeather forecastClosings and DelaysSign up for WTOP alertsWind chills will be in the 20s throughout most of Tuesday as temperatures could reach the low 40s, even though it’ll be sunny and there will be a “brilliant blue sky,” said 7News First Alert meteorologist Eileen Whelan.7News First Alert meteorologists brand Tuesday a “cold alert” day as Whelan said to “stay warm out there.”The overnight hours will have “some of the lowest temperatures” people have seen all season long as lows in a lot of suburbs could go down “to the upper teens,” Whelan said, adding that it’ll be a “hard freeze.”On Wednesday, morning lows “will be the coldest of the week” as peopl...

Loaded field of CFP contenders for last 4-team playoff fuels championship weekend drama

Published Wed, 26 Feb 2025 08:10:44 GMT

The four-team College Football Playoff is going out with the most crowded field of contenders and the most consequential championship weekend in the 10-year history of the system.Eight teams have at least a glimmer of hope to make the field. Yes, that means you, too, Ohio State.The penultimate CFP rankings will be released Tuesday night. The field for the playoff will be announced Sunday.Determining which teams are CFP contenders heading into championship weekend is a bit subjective. More often than not a Power Five team with only one loss going into the conference title games — regardless of whether that team is playing — has to be considered alive.No team with two losses has ever made the CFP, but at least a couple of times a team with two losses had to be considered in contention when it played for a conference title. Auburn in 2017 is the most obvious example.That season was one of the few where championship weekend had multiple games matching CFP contenders. More commonly, cham...

Several surprises play their way into early season MVP discussion with the usual suspects

Published Wed, 26 Feb 2025 08:10:44 GMT

DENVER (AP) — SGA for MVP has a certain ring to it. The notion isn’t far-fetched, either.Shai Gilgeous-Alexander is among the early season surprises who have played their way into the MVP conversation, joining the usual list of NBA stars that includes Nikola Jokic and Joel Embiid. Gilgeous-Alexander, Tyrese Maxey, Tyrese Haliburton, Anthony Edwards, Bam Adebayo and De’Aaron Fox are turning in MVP-caliber seasons as the NBA In-Season Tournament heads into the knockout phase (minus Jokic and the defending NBA champion Nuggets). Indeed, Jokic keeps doing Jokic-type things: posting triple-doubles galore as he dishes out jaw-dropping, no-look passes. It’s the reason why the Nuggets’ big man remains the early favorite, according to the FanDuel Sportsbook. Reigning MVP Embiid is right up there, too, along with the familiar names on the list like Luka Doncic, Giannis Antetokounmpo, Stephen Curry, Jayson Tatum, Kevin Durant and Devin Booker.And let’s not forget about the se...

Denver Broncos are relevant heading into December for 1st time since 2016

Published Wed, 26 Feb 2025 08:10:44 GMT

DENVER (AP) — For the first time in seven seasons, the Denver Broncos will head into December with a winning record, something that seemed unfathomable when they stumbled to a 1-5 start.In their first month under Sean Payton, the Broncos (6-5) lost three games at home to underdogs — the Raiders, Commanders and Jets — who are a combined 10-22 against other opponents.Of course, their worst loss was that 70-20 meltdown in Miami in Week 3 when they surrendered 10 touchdowns — one more than they've given up in their last six games combined. Will the Broncos make it to the playoffs? They put together their most complete game yet in their 29-12 rout of the Browns (7-4), neutralizing Myles Garrett and the league's best defense, thwarting Cleveland's vaunted ground game, recovering three fumbles and scoring three red zone touchdowns, which has been their bugaboo.“There were a lot of things we did that I was pleased with,” the notoriously nitpicking Payton said after moving above ...

UK’s Michael Gove floats idea COVID ‘man made’ as he defends pandemic response

Published Wed, 26 Feb 2025 08:10:44 GMT

LONDON — There is a “significant body of judgment” that believes coronavirus “was man made,” top U.K. Minister Michael Gove said Tuesday, as he defended the way his country responded to the global pandemic. In comments that go further than any U.K. minister has so far in questioning the origins of the virus that swept the world in 2020, Levelling Up Secretary Michael Gove told the U.K.’s official COVID-19 inquiry the virus’s “novel” origins complicated the state’s response.“We were not as well prepared as we should have been ideally, that is true,” Gove admitted Tuesday. “Again, it’s in the nature of the fact that the virus was novel.”He went on: “And indeed, though I think this probably goes beyond the remit of the inquiry, there is a significant body of judgment that believes that the virus itself was man made — and that presents its own set of challenges as well.”Gove was promptly cut ...

LeBron James suffers worst loss of career against Joel Embiid-led Philadelphia 76ers

Published Wed, 26 Feb 2025 08:10:44 GMT

(CNN) — NBA superstar LeBron James suffered the worst loss of his legendary career on Monday as his Los Angeles Lakers side was routed by 44 points on the road by the Philadelphia 76ers, 138-94.Per the NBA, the biggest margin that James had lost by coming into Monday’s matchup was 42 points, when the Lakers were thrashed by the Indiana Pacers in 2019.The 76ers were fueled by a triple-double from reigning NBA MVP Joel Embiid, who posted an impressive stat line of 30 points, 11 rebounds, 11 assists, one steal and one block while shooting 60% from the floor.His co-star Tyrese Maxey, whose increased on-court production coincided with the Sixers trading James Harden to the Los Angeles Clippers earlier this season, also poured in 31 points to go with eight assists.After a quick start, the Lakers never looked like they had a chance and trailed the 76ers the entire night after five minutes had gone by in the first quarter, but the game was bookended b...