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Opinion: B.C. must prioritize timely access to cancer drugsHezbollah fires about 250 rockets and other projectiles into Israel in heaviest barrage in weeks BEIRUT (AP) — Hezbollah has fired about 250 rockets and other projectiles into Israel, wounding seven people in one of the militant group’s heaviest barrages in months. Sunday's attacks in northern and central Israel came in response to deadly Israeli strikes in central Beirut on Saturday. Israel struck southern Beirut on Sunday. Meanwhile, negotiators press on with cease-fire efforts to halt the all-out war. And Lebanon's military says an Israeli strike on a Lebanese army center in the southwest killed one soldier and wounded 18 others. Israel's military has expressed regret and said its operations are directed solely against the militants. Israel cracks down on Palestinian citizens who speak out against the war in Gaza UMM AL-FAHM, Israel (AP) — In the year since the war in Gaza broke out, Israel's government has been cracking down on dissent among its Palestinian citizens. Authorities have charged Palestinians with “supporting terrorism” because of posts online or for demonstrating against the war. Activists and rights watchdogs say Palestinians have also lost jobs, been suspended from schools and faced police interrogations. Palestinians make up about 20% of Israel's population. Many feel forced to self-censor out of fear of being jailed and further marginalized in society. Others still find ways to dissent, but carefully. Israel's National Security Ministry counters that, “Freedom of speech is not the freedom to incite.” Somalia says 24 people have died after 2 boats capsized in the Indian Ocean MOGADISHU, Somalia (AP) — Somalia's government says 24 people died after two boats capsized off the Madagascar coast in the Indian Ocean. Somalia’s Foreign Minister Ahmed Moalim Fiqi said 46 people were rescued. Most of the passengers were young Somalis, and their intended destination remains unclear. Many young Somalis embark every year on dangerous journeys in search of better opportunities abroad. A delegation led by the Somali ambassador to Ethiopia is scheduled to travel to Madagascar on Monday to investigate the incident and coordinate efforts to help survivors. Forecasts warn of possible winter storms across US during Thanksgiving week WINDSOR, Calif. (AP) — Forecasters in the U.S. have warned of another round of winter weather that could complicate travel leading up to Thanksgiving. California is bracing for more snow and rain while still grappling with some flooding and small landslides from a previous storm. The National Weather Service has issued a winter storm warning for California's Sierra Nevada through Tuesday, with heavy snow expected at high elevations. Thousands remained without power in the Seattle area on Sunday after a “bomb cyclone” storm system hit the West Coast last week, killing two people. Republicans lash out at Democrats' claims that Trump intelligence pick Gabbard is 'compromised' FORT LAUDERDALE, Fla. (AP) — Republican lawmakers are pushing back against criticism from some Democrats that President-elect Donald Trump’s pick to lead U.S. intelligence services is “compromised” by her comments supportive of Russia and a meeting with an ally of that country. The accusation came from Sen. Tammy Duckworth. The Illinois Democrat says she has concerns about the pro-Russian views expressed by Tulsi Gabbard, who was tapped for the post of director of national intelligence. Duckworth’s comments on Sunday drew immediate backlash from Republicans. The rising price of paying the national debt is a risk for Trump's promises on growth and inflation WASHINGTON (AP) — Donald Trump has big plans for the economy. He also has big debt problem that'll be a hurdle to delivering on those plan. Trump has bold ambitions on tax cuts, tariffs and other programs. But high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. The federal debt stands at roughly $36 trillion, and the spike in inflation after the pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security. Moscow offers debt forgiveness to new recruits and AP sees wreckage of a new Russian missile KYIV, Ukraine (AP) — Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine. The measure, whose final version appeared on a government website Saturday, underscores Russia’s needs for military personnel in the nearly 3-year-old war, even as it fired last week a new intermediate-range ballistic missile. Russia has ramped up military recruitment by offering increasing financial incentives to those willing to fight in Ukraine. Ukraine’s Security Service on Sunday showed The Associated Press wreckage of the new intermediate-range ballistic missile that struck a factory in the central Ukrainian city of Dnipro on Thursday. After Trump's win, Black women are rethinking their role as America's reliable political organizers ATLANTA (AP) — Donald Trump's victory has dismayed many politically engaged Black women, and they're reassessing their enthusiasm for politics and organizing. Black women often carry much of the work of getting out the vote, and they had vigorously supported the historic candidacy of Kamala Harris. AP VoteCast, a survey of more than 120,000 voters, found that 6 in 10 Black women said the future of democracy was the single most important factor for their vote this year, a higher share than for other demographic groups. But now, some Black women are renewing calls to emphasize rest, focus on mental health and become more selective about what fight they lend their organizing power to. Pakistani police arrest thousands of Imran Khan supporters ahead of rally in the capital ISLAMABAD (AP) — A Pakistani security officer says police have arrested thousands of Imran Khan supporters ahead of a rally in Islamabad to demand the ex-premier’s release from prison. Khan has been behind bars for more than a year. But he remains popular and his party says the cases against him are politically motivated. Police Sunday arrested more than 4,000 Khan supporters in eastern Punjab province, a Khan stronghold. They include five parliamentarians. Pakistan has sealed off the capital with shipping containers. It also suspended mobile and internet services “in areas with security concerns.” 'Wicked' and 'Gladiator' make gravity-defying theater debuts NEW YORK (AP) — “Wicked” and “Gladiator II” have debuted in theaters with a combined $270 million in ticket sales. Their worldwide performance breathed fresh life into global box office results that have struggled lately. Together the films turned the moviegoing weekend into one of the busiest of the year. Jon M. Chu’s lavish big-budget musical “Wicked,” starring Ariana Grande and Cynthia Erivo, debuted with $114 million domestically and $164.2 million globally. Ridley Scott’s “Gladiator II” is a sequel to his 2000 best picture-winning original and launched with $55.5 million in ticket sales. “Moana 2” is being released Wednesday, so it looks like Hollywood might be looking at historic sales over the Thanksgiving holiday.Which Decentralized E-Commerce Platform Should You Choose: Web3Bay (3BAY) or Cortux (CRX)?
President-elect Donald Trump’s nominee, Pete Hegseth, is not qualified to be secretary of defense, even if we put aside unproven sexual assault allegations made against him. While Hegseth is a veteran, Senate confirmation of a nominee with no leadership experience in such a large and complex organization as the Department of Defense would be in stark contrast with the notion of our military as a merit-based, professional force. Leading millions of service members and civilian workers is not an entry-level or training opportunity. Also, Hegseth’s publicly-stated views do not inspire confidence that he would provide apolitical leadership. He has cast the political/social situation in the United States as a crusade between irreconcilable foes with the only option being total victory for his — and Trump’s — chosen side. The ultimate loyalty of our military is to the U.S. Constitution, not political parties. Hegseth’s nomination appears to be based on the idea that the military must stop being “woke,” but its current challenges have nothing to do with “wokeness.” They have to do with chronic congressional delays in passing appropriations bills; inadequate funding of maintenance and modernization; competition with private industry for recruits; and stress on equipment, personnel and logistics systems brought on by decades of overcommitment around the globe. The list goes on. This hyperattention on getting rid of diversity, equity and inclusion (DEI) programs, and every other military program that promotes fair treatment and inclusion is a bogeyman that takes the spotlight away from the real problems affecting our military readiness. Mike Lontoc, Hainesport Note: The writer is a retired U.S. Navy commander. What Bernie had that Kamala didn’t When I asked my blue-collar Pennsylvania friends why they voted for President-elect Donald Trump, I got an astounding reply. They said, “...because Bernie Sanders was not on the ticket.” On the surface this makes no sense, with Sanders way on the far left, and Trump certainly way on the far right. But look a little deeper. Back in 2016, when Sanders, the independent Vermont senator, was running against Hilary Clinton in the Democratic primaries, he “got it” in connection with these voters. He got it in town hall meeting after town hall meeting in a way Clinton could never understand. She seemed aloof and elitist. It’s my belief that Sanders would have beaten Trump in that presidential election, although that’s still pure conjecture. Across the Atlantic back in 2019, the Labour Party’s Jeremy Corbyn lost the British working-class vote, and the Conservatives’ Boris Johnson became the United Kingdom’s prime minister. This year , Labour’s Kier Starmer got the working class back, becoming prime minister in a vote that bucked a recent European trend of movement to the right and populist politics. This year in America, Kamala Harris lost the blue-collar vote. The Democrats will need to do some serious house cleaning to get it back! Tony Grant, Newton Proposed law is for the birds So, some New Jersey lawmakers want to restrict the use of residential bird feeders to control interactions between back bears and humans? Proposed regulations contained in legislation include elevating the feeders to at least 10 feet above the ground, and taking them indoors every night between April 1 and Nov. 30. Really? My only conclusion is that recent articles about this bill were meant to be printed on April Fool’s Day. Ellen Rogers, Skillman Congressional pair should call it quits U.S. Reps. Mikie Sherrill, D-11, and Josh Gottheimer, D-5, recently won reelection to Congress. They suggested to the voters that they would work full time for them in the next session of Congress. But, now, they are both declared candidates for governor in next year’s Democratic primary. Running for governor and being a member of Congress should be considered to be two full-time jobs. It’s no secret that Gottheimer and Sherrill have each planned their gubernatorial runs for months. They should do the honorable thing and resign from Congress. Their ambitious power plays are one of the many reasons why people don’t vote. Fred Stein, South Brunswick Election over; stop dividing the country This letter was sent to the Star-Ledger, but it is directed to all of the left-leaning media: Stop dividing the country. A plurality of the voting public elected Donald Trump as president. Even with all of the hate speech that the left could spew, it did them no good for the result. Some of the things they did is compare Trump to Hitler and say that Trump’s supporters are “garbage.” Now, the liberals are directing all of their venom to Trump’s cabinet picks. Realize that Trump was elected a second time because the American people are tired of all of the retreads that the left parades around Washington. So, instead of giving Trump’s picks the benefit of the doubt, the left goes into attack mode. They will not give Trump or his programs or his cabinet choices a chance. The left finds fault with everything. These tactics did not work for the election and they won’t work now. Again, stop dividing the nation and help it come together. RECOMMENDED • nj .com Which Trump cabinet pick steps aside next? GOP has one in its crosshairs Nov. 22, 2024, 11:32 a.m. Trump chooses Pam Bondi for attorney general pick after Gaetz withdraws Nov. 21, 2024, 7:06 p.m. Don Montefusco, Maplewood Our journalism needs your support. Please subscribe today to NJ.com The Star-Ledger/NJ.com encourages submissions of opinion . Bookmark NJ.com/Opinion . Follow us on Twitter @NJ_Opinion and on Facebook at NJ.com Opinion . Get the latest news updates right in your inbox. Subscribe to NJ.com’s newsletters .Lea Miller-Tooley hopped off a call to welcome the Baylor women’s basketball team to the Atlantis resort in the Bahamas, where 80-degree temperatures made it easy for the Bears to settle in on Paradise Island a week before Thanksgiving. About 5,000 miles west of the Caribbean nation, similar climes awaited Maui Invitational men's teams in Hawaii. They’ve often been greeted with leis, the traditional Hawaiian welcome of friendship. College basketball teams and fans look forward to this time of the year. The holiday week tournaments feature buzzworthy matchups and all-day TV coverage, sure, but there is a familiarity about them as they help ward off the November chill. For four decades, these sandy-beach getaways filled with basketball have become a beloved mainstay of the sport itself. “When you see (ESPN’s) ‘Feast Week’ of college basketball on TV, when you see the Battle 4 Atlantis on TV, you know college basketball is back,” said Miller-Tooley, the founder and organizer of the Battle 4 Atlantis men's and women's tournaments. “Because it’s a saturated time of the year with the NFL, college football and the NBA. But when you see these gorgeous events in these beautiful places, you realize, ‘Wow, hoops are back, let’s get excited.’” People are also reading... The Great Alaska Shootout was the trend-setting multiple-team event (MTE) nearly five decades ago. The brainchild of late Alaska-Anchorage coach Bob Rachal sought to raise his program’s profile by bringing in national-power programs, which could take advantage of NCAA rules allowing them to exceed the maximum allotment of regular-season games if they played the three-game tournament outside the contiguous 48 states. The first edition, named the Sea Wolf Classic, saw N.C. State beat Louisville 72-66 for the title on Nov. 26, 1978. The Maui Invitational followed in November 1984, borne from the buzz of NAIA program Chaminade’s shocking upset of top-ranked Virginia and 7-foot-4 star Ralph Sampson in Hawaii two years earlier. Events kept coming, with warm-weather locales getting in on the action. The Paradise Jam in the U.S. Virgin Islands. The Cancun Challenge in Mexico. The Cayman Islands Classic. The Jamaica Classic. The Myrtle Beach Invitational joining the Charleston Classic in South Carolina. Numerous tournaments in Florida. Some events have faded away like the Puerto Rico Tipoff and the Great Alaska Shootout, the latter in 2017 amid event competition and schools opting for warm-weather locales. Notre Dame takes on Chaminade during the first half of a 2017 game in Lahaina, Hawaii. Miller-Tooley’s push to build an MTE for Atlantis began as a December 2010 doubleheader with Georgia Tech beating Richmond and Virginia Tech beating Mississippi State in a prove-it moment for a tournament’s viability. It also required changing NCAA legislation to permit MTEs in the Bahamas. Approval came in March 2011; the first eight-team Atlantis men’s tournament followed in November. That tournament quickly earned marquee status with big-name fields, with Atlantis champions Villanova (2017) and Virginia (2018) later winning that season’s NCAA title. Games run in a ballroom-turned-arena at the resort, where players also check out massive swimming pools, water slides and inner-tube rapids surrounded by palm trees and the Atlantic Ocean. “It’s just the value of getting your passport stamped, that will never get old,” Miller-Tooley said. “Watching some of these kids, this may be their first and last time – and staff and families – that they ever travel outside the United States. ... You can see through these kids’ eyes that it’s really an unbelievable experience.” ACC Network analyst Luke Hancock knows that firsthand. His Louisville team finished second at Atlantis in 2012 and won that year’s later-vacated NCAA title, with Hancock as the Final Four's most outstanding player. “I remember (then-coach Rick Pitino) saying something to the effect of: ‘Some of you guys might never get this opportunity again. We’re staying in this unbelievable place, you’re doing it with people you love,’” Hancock said. “It was a business trip for us there at Thanksgiving, but he definitely had a tone of ‘We’ve got to enjoy this as well.’” Maui offers similar vibes, though 2024 could be a little different as Lahaina recovers from deadly 2023 wildfires that forced the event's relocation last year. North Carolina assistant coach Sean May played for the Tar Heels’ Maui winner in 2004 and was part of UNC’s staff for the 2016 champion, with both teams later winning the NCAA title. May said “you just feel the peacefulness” of the area — even while focusing on games — and savors memories of the team taking a boat out on the Pacific Ocean after title runs under now-retired Hall of Famer Roy Williams. “Teams like us, Dukes, UConns – you want to go to places that are very well-run,” May said. “Maui, Lea Miller with her group at the Battle 4 Atlantis, that’s what drives teams to come back because you know you’re going to get standard A-quality of not only the preparation but the tournament with the way it’s run. Everything is top-notch. And I think that brings guys back year after year.” That’s why Colorado coach Tad Boyle is so excited for the Buffaloes’ first Maui appearance since 2009. “We’ve been trying to get in the tournament since I got here,” said Boyle, now in his 15th season. And of course, that warm-weather setting sure doesn’t hurt. “If you talk about the Marquettes of the world, St. John’s, Providence – they don’t want that cold weather,” said NBA and college TV analyst Terrence Oglesby, who played for Clemson in the 2007 San Juan Invitational in Puerto Rico. “They’re going to have to deal with that all January and February. You might as well get a taste of what the sun feels like.” Michigan State head coach Tom Izzo argues a call during the first half of a Nov. 16 game against Bowling Green in East Lansing, Michigan. Mi zzo is making his fourth trip to Maui. The men’s Baha Mar Championship in Nassau, Bahamas, got things rolling last week with No. 11 Tennessee routing No. 13 Baylor for the title. The week ahead could boast matchups befitting the Final Four, with teams having two weeks of action since any opening-night hiccups. “It’s a special kickoff to the college basketball season,” Oglesby said. “It’s just without the rust.” On the women’s side, Atlantis began its fourth eight-team women’s tournament Saturday with No. 16 North Carolina and No. 18 Baylor, while the nearby Baha Mar resort follows with two four-team women’s brackets that include No. 2 UConn, No. 7 LSU, No. 17 Mississippi and No. 20 N.C. State. Then come the men’s headliners. The Maui Invitational turns 40 as it opens Monday back in Lahaina. It features second-ranked and two-time reigning national champion UConn, No. 4 Auburn, No. 5 Iowa State and No. 10 North Carolina. The Battle 4 Atlantis opens its 13th men’s tournament Wednesday, topped by No. 3 Gonzaga, No. 16 Indiana and No. 17 Arizona. Michigan State Hall of Famer Tom Izzo is making his fourth trip to Maui, where he debuted as Jud Heathcote’s successor at the 1995 tournament. Izzo's Spartans have twice competed at Atlantis, last in 2021. “They’re important because they give you something in November or December that is exciting,” Izzo said. Any drawbacks? “It’s a 10-hour flight,” he said of Hawaii. Sports Week in Photos: Tyson vs. Paul, Nadal, and more Mike Tyson, left, slaps Jake Paul during a weigh-in ahead of their heavyweight bout, Thursday, Nov. 14, 2024, in Irving, Texas. (AP Photo/Julio Cortez) In this image taken with a slow shutter speed, Spain's tennis player Rafael Nadal serves during a training session at the Martin Carpena Sports Hall, in Malaga, southern Spain, on Friday, Nov. 15, 2024. (AP Photo/Manu Fernandez) A fan takes a picture of the moon prior to a qualifying soccer match for the FIFA World Cup 2026 between Uruguay and Colombia in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Santiago Mazzarovich) Rasmus Højgaard of Denmark reacts after missing a shot on the 18th hole in the final round of World Tour Golf Championship in Dubai, United Arab Emirates, Sunday, Nov. 17, 2024. (AP Photo/Altaf Qadri) Taylor Fritz of the United States reacts during the final match of the ATP World Tour Finals against Italy's Jannik Sinner at the Inalpi Arena, in Turin, Italy, Sunday, Nov. 17, 2024. (AP Photo/Antonio Calanni) Dallas Cowboys wide receiver Jalen Tolbert (1) fails to pull in a pass against Atlanta Falcons cornerback Dee Alford (20) during the second half of an NFL football game, Sunday, Nov. 3, 2024, in Atlanta. (AP Photo/ Brynn Anderson) Green Bay Packers quarterback Jordan Love, top right, scores a touchdown during the second half of an NFL football game against the Chicago Bears in Chicago, Sunday, Nov. 17, 2024. (AP Photo/Nam Y. Huh) India's Tilak Varma jumps in the air as he celebrates after scoring a century during the third T20 International cricket match between South Africa and India, at Centurion Park in Centurion, South Africa, Wednesday, Nov. 13, 2024. (AP Photo/Themba Hadebe) Columbus Blue Jackets defenseman Zach Werenski warms up before facing the Seattle Kraken in an NHL hockey game Tuesday, Nov. 12, 2024, in Seattle. (AP Photo/Lindsey Wasson) Kansas State players run onto the field before an NCAA college football game against Arizona State Saturday, Nov. 16, 2024, in Manhattan, Kan. (AP Photo/Charlie Riedel) A fan rapped in an Uruguay flag arrives to the stands for a qualifying soccer match against Colombia for the FIFA World Cup 2026 in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Matilde Campodonico) People practice folding a giant United States flag before an NFL football game between the Buffalo Bills and the Kansas City Chiefs, Sunday, Nov. 17, 2024, in Orchard Park, N.Y. (AP Photo/Julia Demaree Nikhinson) Brazil's Marquinhos attempts to stop the sprinklers that were turned on during a FIFA World Cup 2026 qualifying soccer match against Venezuela at Monumental stadium in Maturin, Venezuela, Thursday, Nov. 14, 2024. (AP Photo/Ariana Cubillos) Georgia's Georges Mikautadze celebrates after scoring his side's first goal during the UEFA Nations League, group B1 soccer match between Georgia and Ukraine at the AdjaraBet Arena in Batumi, Georgia, Saturday, Nov. 16, 2024. (AP Photo/Tamuna Kulumbegashvili) Dallas Stars center Mavrik Bourque, right, attempts to score while Minnesota Wild right wing Ryan Hartman (38) and Wild goaltender Filip Gustavsson (32) keep the puck out of the net during the second period of an NHL hockey game, Saturday, Nov. 16, 2024, in St. Paul, Minn. (AP Photo/Ellen Schmidt) Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Italy goalkeeper Guglielmo Vicario misses the third goal during the Nations League soccer match between Italy and France, at the San Siro stadium in Milan, Italy, Sunday, Nov. 17, 2024. (AP Photo/Luca Bruno) Cincinnati Bengals tight end Mike Gesicki (88) celebrates after scoring a touchdown against the Las Vegas Raiders during the second half of an NFL football game in Cincinnati, Sunday, Nov. 3, 2024. (AP Photo/Carolyn Kaster) President-elect Donald Trump attends UFC 309 at Madison Square Garden, Saturday, Nov. 16, 2024, in New York. (AP Photo/Evan Vucci) Fans argue in stands during the UEFA Nations League soccer match between France and Israel at the Stade de France stadium in Saint-Denis, outside Paris, Thursday Nov. 14, 2024. (AP Photo/Thibault Camus) Slovakia's Rebecca Sramkova hits a return against Danielle Collins, of the United States, during a tennis match at the Billie Jean King Cup Finals at the Martin Carpena Sports Hall, Thursday, Nov. 14, 2024, in Malaga, southern Spain. (AP Photo/Manu Fernandez) St. John's guard RJ Luis Jr. (12) falls after driving to the basket during the second half of an NCAA college basketball game against New Mexico, Sunday, Nov. 17, 2024, in New York. (AP Photo/Pamela Smith) England's Anthony Gordon celebrates after scoring his side's second goal during the UEFA Nations League soccer match between England and the Republic of Ireland at Wembley stadium in London, Sunday, Nov. 17, 2024. (AP Photo/Kin Cheung) Katie Taylor, left, lands a right to Amanda Serrano during their undisputed super lightweight title bout, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Las Vegas Raiders wide receiver DJ Turner, right, tackles Miami Dolphins wide receiver Malik Washington, left, on a punt return during the second half of an NFL football game, Sunday, Nov. 17, 2024, in Miami Gardens, Fla. (AP Photo/Lynne Sladky) UConn's Paige Bueckers (5) battles North Carolina's Laila Hull, right, for a loose ball during the second half of an NCAA college basketball game in Greensboro, N.C., Friday, Nov. 15, 2024. (AP Photo/Ben McKeown) Get local news delivered to your inbox!
Swift's daily impact on Vancouver may have exceeded 2010 Games, says industry figureVP for women pays visit to Christian charity
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec 9, 2024-- C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal second quarter ended October 31, 2024. “We had an outstanding quarter with strong top- and bottom-line performance to mark our seventh consecutive quarter of accelerating revenue growth,” said Thomas M. Siebel, Chairman and CEO, C3 AI. “It is difficult to overstate the potential of the Microsoft–C3 AI strategic alliance,” said Siebel. “By establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we’re making it easy for businesses to adopt and deploy C3 AI applications. This is an inflection point for Enterprise AI, driving growth.” Fiscal Second Quarter 2025 Financial Highlights Microsoft Azure Strategic Alliance Partner Network C3 AI reinforced its leadership in Enterprise AI, strengthened by a thriving partner ecosystem to accelerate Enterprise AI adoption. Business Highlights C3 AI had continuing momentum with significant Federal and commercial successes and strengthened strategic partnerships. Federal Momentum Federal business demonstrated strong execution, securing key wins and expansions across multiple agencies. C3 Generative AI C3 AI further strengthens its competitive edge in generative AI, affirming its market leadership. Financial Outlook: The Company’s guidance includes GAAP and non-GAAP financial measures. The following table summarizes C3 AI’s guidance for the third quarter of fiscal 2025 and full-year fiscal 2025: A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation expense-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP results included in this press release. Our fiscal year ends April 30, and numbers are rounded for presentation purposes. Conference Call Details Investor Presentation Details An investor presentation providing additional information and analysis can be found at our investor relations page at ir.c3.ai . Statement Regarding Use of Non-GAAP Financial Measures The Company reports the following non-GAAP financial measures, which have not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. We use these non-GAAP financial measures internally for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. Our presentation of non-GAAP financial measures may not be comparable to similar measures used by other companies. We encourage investors to carefully consider our results under GAAP, as well as our supplemental non-GAAP information and the reconciliation between these presentations, to more fully understand our business. Please see the tables included at the end of this release for the reconciliation of GAAP to non-GAAP financial measures. Other Information Professional Services Revenue Our professional services revenue includes service fees and prioritized engineering services. Service fees include revenue from services such as consulting, training, and paid implementation services. For service fees, revenue is typically recognized over time as the services are performed. Prioritized engineering services are undertaken when a customer requests that we accelerate the design, development, and delivery of software features and functions that are planned in our future product roadmap. When we agree to this, we negotiate an agreed upon fee to accelerate the development of the software. When the software feature is delivered, it becomes integrated to our core product offering, is available to all subscribers of the underlying software product, and enhances the operation of that product going forward. Such prioritized engineering services result in production-level computer software – compiled code that enhances the functionality of our production products – which is available for our customers to use over the life of their software licenses. Per Accounting Standards Codification (ASC) 606, Prioritized engineering services revenue is recognized as professional services over the period in which the software development is completed. Total professional services revenue consists of: Use of Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements regarding our market leadership position, anticipated benefits from our partnerships, financial outlook, our sales and customer opportunity pipeline including our industry diversification, the expected benefits of our offerings (including the potential benefits of our C3 Generative AI offerings), and our business strategies, plans, and objectives for future operations. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including our history of losses and ability to achieve and maintain profitability in the future, our historic dependence on a limited number of existing customers that account for a substantial portion of our revenue, our ability to attract new customers and retain existing customers, market awareness and acceptance of enterprise AI solutions in general and our products in particular, the length and unpredictability of our sales cycles and the time and expense required for our sales efforts. Some of these risks are described in greater detail in our filings with the Securities and Exchange Commission, including our Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2024 and, when available, October 31, 2024, although new and unanticipated risks may arise. The future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Except to the extent required by law, we do not undertake to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations. About C3.ai, Inc. C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise. Reconciliation of free cash flow to the GAAP measure of net cash used in operating activities: The following table below provides a reconciliation of free cash flow to the GAAP measure of net cash used in operating activities for the periods presented: View source version on businesswire.com : https://www.businesswire.com/news/home/20241209723558/en/ CONTACT: Investor Contact ir@c3.aiC3 AI Public Relations Edelman Lisa Kennedy (415) 914-8336 pr@c3.ai KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ARTIFICIAL INTELLIGENCE SOURCE: C3.ai Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:06 PM http://www.businesswire.com/news/home/20241209723558/en
Tulsi Gabbard, Trump’s pick for intel chief, faces questions on Capitol Hill amid Syria falloutAnalysis: If Jets don't want Rodgers, others will
From Maui to the Caribbean, Thanksgiving tournaments a beloved part of college basketball
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