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GEORGE TOWN, Cayman Islands (AP) — Tyson Degenhart's 25 points helped Boise State defeat Hampton 83-69 at the Cayman Islands Classic on Sunday. Degenhart had five rebounds for the Broncos (4-1). O'Mar Stanley scored 13 points and added five rebounds. Andrew Meadow shot 2 for 7 (1 for 4 from 3-point range) and 5 of 6 from the free-throw line to finish with 10 points, while adding six rebounds. The Pirates (2-4) were led in scoring by Noah Farrakhan, who finished with 23 points and four steals. Kyrese Mullen added 12 points and six rebounds for Hampton. George Beale also had 12 points. Boise State took the lead with 15:12 remaining in the first half and did not give it up. The score was 41-21 at halftime, with Degenhart racking up 10 points. Degenhart scored 15 points in the second half to help lead the way as Boise State went on to secure a victory, despite being outscored by Hampton in the second half by a six-point margin. NEXT UP These two teams both play Tuesday. Boise State hosts Utah Tech and Hampton hosts N.C. A&T. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Romanian leftist PM and hard-right candidate in a tie
Russian Defense Minister Andrei Belousov arrived in North Korea on Friday for talks with North Korean military and political leaders as the countries deepen their cooperation over Russia’s war in Ukraine. In announcing the visit, Russia’s Defense Ministry didn’t say whom Belousov would meet or the purpose of the talks. North Korean state media didn’t immediately confirm the visit. Belousov, a former economist, replaced Sergei Shoigu as defense minister in May after Russian President Vladimir Putin started a fifth term in power. Photos released by the Defense Ministry showed Belousov walking alongside North Korean Defense Minister No Kwang Chol on a red carpet at a Pyongyang airport. North Korean military officials were seen clapping under a banner that read, “Complete support and solidarity with the fighting Russian army and people.” Belousov noted after his arrival that military cooperation between the countries is expanding. He applauded a strategic partnership agreement signed by Putin and North Korean leader Kim Jong Un following their June meeting in Pyongyang, which he said is aimed at reducing tensions by maintaining a “balance of power” in the region and lowering the risk of war, including with nuclear weapons. The June meeting demonstrated the “highest level of mutual trust” between the leaders, Belousov said, and “also the mutual desire of our countries to further expand mutually beneficial cooperation in a complex international environment.” North Korean Defense Minister No also praised the expanding cooperation between the countries’ militaries and reiterated North Korea’s support for Russia’s war in Ukraine, describing it as a “just struggle to protect the country’s sovereign rights and security interests.” The visit comes days after South Korean President Yoon Suk Yeol met with a Ukrainian delegation led by Defense Minister Rustem Umerov in the South Korean capital, Seoul, and called for the two countries to formulate countermeasures in response to North Korea’s dispatch of thousands of troops to Russia to help its fight against Ukraine. Kim in recent months has prioritized relations with Russia as he tries to break out of isolation and strengthen his international footing, embracing the idea of a “new Cold War.” The United States and its allies have said North Korea has sent more than 10,000 soldiers to Russia in recent weeks and that some of those troops were engaging in combat. North Korea has also been accused of supplying artillery systems, missiles and other military equipment to Russia that may help Putin further extend an almost three-year war. There are also concerns in Seoul that North Korea, in exchange for its troops and arms supplies, could receive Russian technology transfers that could improve its nuclear weapons and missile programs. “The Russian defense minister doesn’t visit North Korea just to celebrate bilateral ties,” said Leif-Eric Easley, a professor at Ewha University in Seoul. “This visit indicates Putin and Kim’s military cooperation in violation of international law is about to increase further.” Yoon’s national security adviser, Shin Wonsik, said in a TV interview last week that Seoul believes that Russia has provided air defense missile systems to North Korea in exchange for sending its troops. Shin said Russia also appears to have given economic assistance to North Korea and various military technologies, including those needed for the North’s efforts to build a reliable space-based surveillance system, which Kim has stressed is crucial for enhancing the threat of nuclear-capable missiles targeting South Korea. Shin didn’t say whether Russia has already transferred sensitive nuclear weapons and ballistic missile technologies to North Korea. Yoon’s office hasn’t said whether the two governments discussed the possibility of South Korea supplying weapons to Ukraine in his talks with Umerov. Since Russia’s full-scale invasion of Ukraine in 2022, South Korea has joined U.S.-led sanctions against Moscow and provided humanitarian and financial support to Kyiv. But it has avoided directly supplying arms, citing a longstanding policy of not giving lethal weapons to countries actively engaged in conflicts. Yoon has said his government will take phased countermeasures, linking the level of its response to the degree of Russian-North Korean cooperation. It wasn’t immediately clear whether Belousov will meet with Kim, the North Korean leader. Last year, Kim hosted a Russian delegation led by then-Defense Minister Shoigu and gave him a personal tour of a North Korean arms exhibition, in what outside critics likened to a sales pitch. That event came weeks before Kim traveled to Russia for talks with Putin which sped up military cooperation between the countries. During another meeting in Pyongyang in June this year, Kim and Putin signed a pact stipulating mutual military assistance if either country is attacked, in what was considered the two countries’ biggest defense deal since the end of the Cold War. The Russian report about Belousov’s visit came as South Korea scrambled fighter jets to repel six Russian and five Chinese warplanes that temporarily entered the country’s air defense identification zone around its eastern and southern seas, according to the South’s Joint Chiefs of Staff. It said the Russian and Chinese planes did not breach South Korea’s territorial airspace. South Korea’s Defense Ministry said it held telephone calls with Chinese and Russian defense attaches based in Seoul to protest the flights and urge the countries to prevent recurrences.DENVER — Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-year-old girl that they are not pursuing. JonBenet Ramsey, who competed in beauty pageants, was found dead in the basement of her family's home in the college town of Boulder the day after Christmas in 1996. Her body was found several hours after her mother called 911 to say her daughter was missing and a ransom note was left behind. The gravesite of JonBenet Ramsey is covered with flowers Jan. 8, 1997, at St. James Episcopal Cemetery in Marietta, Ga. JonBenet was bludgeoned and strangled. Her death was ruled a homicide, but nobody was ever prosecuted. The details of the crime and video footage of JonBenet competing in pageants propelled the case into one of the highest-profile mysteries in the United States. The police comments came as part of their annual update on the investigation, a month before the 28th anniversary of JonBenet's killing. Police said they released it a little earlier due to the increased attention on the case, apparently referring to the three-part Netflix series "Cold Case: Who Killed JonBenet Ramsey." 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From the earth, for the earth: Why plant-based eating is here to stay In a video statement, Boulder Police Chief Steve Redfearn said the department welcomes news coverage and documentaries about the killing of JonBenet, who would have been 34 this year, as a way to generate possible new leads. He said the department is committed to solving the case but needs to be careful about what it shares about the investigation to protect a possible future prosecution. "What I can tell you though, is we have thoroughly investigated multiple people as suspects throughout the years and we continue to be open-minded about what occurred as we investigate the tips that come in to detectives," he said. The Netflix documentary focuses on the mistakes made by police and the "media circus" surrounding the case. A police officer sits in her cruiser Jan. 3, 1997, outside the home in which 6-year-old JonBenet Ramsey was found murdered Dec. 26, 1996, in Boulder, Colo. Police were widely criticized for mishandling the early investigation into her death amid speculation that her family was responsible. However, a prosecutor cleared her parents, John and Patsy Ramsey, and brother Burke in 2008 based on new DNA evidence from JonBenet's clothing that pointed to the involvement of an "unexplained third party" in her slaying. The announcement by former district attorney Mary Lacy came two years after Patsy Ramsey died of cancer. Lacy called the Ramseys "victims of this crime." John Ramsey continued to speak out for the case to be solved. In 2022, he supported an online petition asking Colorado's governor to intervene in the investigation by putting an outside agency in charge of DNA testing in the case. In the Netflix documentary, he said he advocated for several items that were not prepared for DNA testing to be tested and for other items to be retested. He said the results should be put through a genealogy database. In recent years, investigators identified suspects in unsolved cases by comparing DNA profiles from crime scenes and to DNA testing results shared online by people researching their family trees. In 2021, police said in their annual update that DNA hadn't been ruled out to help solve the case, and in 2022 noted that some evidence could be "consumed" if DNA testing is done on it. Last year, police said they convened a panel of outside experts to review the investigation to give recommendations and determine if updated technologies or forensic testing might produce new leads. In the latest update, Redfearn said that review ended but police continue to work through and evaluate a "lengthy list of recommendations" from the panel. True crime's popularity brings real change for defendants and society. 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Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Soprano Angel Blue sings her first Metropolitan Opera 'Aida' in a new production Angel Blue, one of the most admired singers of her generation, is headlining the Metropolitan Opera’s first new production of Verdi’s “Aida” in 36 years. The 40-year-old takes on the title role of the enslaved Ethiopian princess torn between love for an Egyptian warrior and loyalty to her country. It’s a part that comes weighted with history, especially for a Black soprano at the Met, where Leontyne Price embodied the role from her first performance in 1961 until her retirement in 1985. Blue tells The Associated Press she’s long looked up to Price, and directors who have worked with her say the singer is ready for the challenge. Blue’s Met debut in ‘Aida’ will happen New Year’s Eve. Centuries-old angels uncovered at Boston church made famous by Paul Revere BOSTON (AP) — Conservators have uncovered eight angels in a historic Boston church that counted Paul Revere as a bell ringer and played a pivotal role in the Revolutionary War. The angels were painted in the early 18th century but painted over in 1912 as part of a renovation of the Old North Church. Inspired by research showing the existence of at least 20 angels, conservators for the past four months have been removing the white paint that covered the eight angels located on the balcony's arches in the church sanctuary. The public is now able to view them. Swiss Olympic snowboarder Sophie Hediger dies in avalanche, aged 26 Swiss Olympic snowboarder Sophie Hediger has died following an avalanche at a mountain resort. The country's skiing federation says the incident took place at the Arosa resort in Switzerland. The 26-year-old Hediger competed at the 2022 Beijing Winter Olympics in the women’s snowboard cross and the mixed team version of the same event. Hediger achieved her first two World Cup podium finishes in the 2023-24 season. Her best result was a second place in St. Moritz in January. NFL on Netflix: Christmas Day games are a 1st for streaming giant Netflix will have one of its biggest days since the site launched in 1998 when it carries two NFL games for the first time on Christmas. “NFL Christmas Gameday on Netflix” kicks off with a two-hour pregame show at 11 a.m., before Pittsburgh hosts Kansas City. Baltimore faces Houston in the second game. The streaming giant agreed to a three-year contract in May to carry Christmas Day games. Magic and lights draw crowds to an alpine village in Washington state for Christmas LEAVENWORTH, Wash. (AP) — Freshly baked pretzels, shining tree lights and sleds in the snow lend a ruddy warmth to an unlikely collection of Bavarian-themed chalets in the mountains of Washington state. Decades ago, the town of Leavenworth was a near ghost town, one of the poorest parts of the Pacific Northwest. The mines and the sawmill had closed, and even the railroad left. That’s when desperate business owners took a serious gamble -- reinventing the community in the vision of an alpine village. More than half a century later, the result brings tourists from near and far -- especially during the holidays, when Leavenworth takes on the flavor of a German Christmas market. Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says WASHINGTON (AP) — Former President Bill Clinton was admitted Monday to MedStar Georgetown University Hospital in Washington after developing a fever. The 78-year-old was admitted in the “afternoon for testing and observation,” Angel Urena, Clinton’s deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is receiving,” Urena said. Packers clinch playoff berth with 1st shutout in NFL this season, 34-0 over Saints GREEN BAY, Wis. (AP) — Josh Jacobs gained 107 yards from scrimmage and scored a touchdown for a sixth straight game as the Green Bay Packers clinched a playoff berth while producing the first shutout of the NFL season, 34-0 over the hapless New Orleans Saints. Green Bay improved to 11-4 and earned its fifth postseason appearance in six years. New Orleans played without injured quarterback Derek Carr and running back Alvin Kamara. Rookie Spencer Rattler started and went 15 of 30 for 153 yards with an interception and a fumble. The Packers have won nine of their last 11 games. Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting SANTA FE, N.M. (AP) — New Mexico prosecutors won’t pursue an appeal of a court’s decision to dismiss an involuntary manslaughter charge against Alec Baldwin. The actor had been charged in the death of cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021. Special Prosecutor Kari Morrissey withdrew on Monday the appeal of a July decision at trial to dismiss the charge. The decision to drop the appeal solidifies the decision by Judge Mary Marlowe Sommer halfway through trial to dismiss the case on allegations that police and prosecutors withheld evidence from the defense. An all-Filipino crew is set to make history in the Sydney to Hobart yacht race SYDNEY (AP) — There have been plenty of “firsts” in the history of the Sydney to Hobart yacht race which was first held in 1945. An all-Filipino crew of 15 sailors will make it another when the annual ocean classic begins in Sydney Harbor on Thursday. With veteran sailor Ernesto Echauz at the helm, Centennial 7 will embark on the 628-nautical mile race. The boat itself is no stranger to the race. Previously, the TP52 yacht was known as Celestial and claimed the Sydney to Hobart overall handicap victory in 2022 under Sam Haynes after being runner-up the year before.
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Knight stops 20 shots, Florida rolls past Carolina 6-0 for 2nd win over 'Canes in as many daysOne Day You're Young And Carefree...And The Next You're Ordering The 34 Products From This List
SUNRISE, Fla. (AP) — Spencer Knight made 20 saves, Mackie Samoskevich scored with less than a second left in the second period, and the Florida Panthers got four goals in the third to beat the Carolina Hurricanes 6-0 on Saturday and complete a two-day sweep. Aleksander Barkov, Sam Bennett, Aaron Ekblad, Evan Rodrigues and Adam Boqvist also scored for Florida, which won 6-3 at Carolina on Friday. The Panthers have won three straight — that streak following a stretch of six losses in seven games for the Stanley Cup champions. It was Knight’s fourth career shutout, his first since Nov. 9, 2022 — also at home against Carolina. Spencer Martin made 23 saves on 28 shots for the Hurricanes, who have dropped four of their last six games (2-3-1). It was Martin’s fourth consecutive start for Carolina. Takeaways Hurricanes: This was the first time all season that the Hurricanes failed to get a point in the game immediately following a loss. Carolina was 4-0-1 after a defeat entering Saturday. Panthers: A big day for Samoskevich — his alma mater on Saturday, that game ending just before the Florida-Carolina game started. The Panthers are 5-0-0 when he scores this season. Sam Reinhart had each of the four most recent Florida goals at 19:59, before Samoskevich got his Saturday. Key moment The Panthers scored two goals 11 seconds apart in the third to make it 5-0, and Yaniv Perets replaced Martin in the Hurricanes’ net with 8:12 remaining. It was the second NHL appearance for Perets, who came on once in relief for Carolina last season. Key stat Ekblad’s goal was his first in a span of 1,045 regular-season shifts since Feb. 20. Up next Carolina starts a two-game homestand Tuesday against Seattle. Florida goes to Pittsburgh to start a two-game trip on Tuesday. ___ AP NHL:
GREEN BAY, Wis. (AP) — Green Bay Packers wide receiver Romeo Doubs left his team’s game against the San Francisco 49ers on Sunday because of a concussion. Doubs’ injury came on a third-quarter play in the end zone that resulted in a pass interference penalty against San Francisco’s Renardo Green. Doubs stayed down briefly after the play, then got up slowly before heading to the sideline. He went into the injury tent before walking to the locker room. The Packers then announced Doubs was out for the rest of the game because of a concussion. He had three catches for 54 yards before leaving. San Francisco defensive tackle Jordan Elliott left in the first half of the game to get evaluated for a concussion and was ruled out at halftime. ___ AP NFL: https://apnews.com/hub/NFL Steve Megargee, The Associated Press
Injured Bayern Munich star João Palhinha talks pressure and expectationsThe Inaugural Las Vegas Grand Prix was the highest-profile new sporting event in the world last year. The collision of luxury and high-octane adrenaline left spectators in awe, showcasing the extravagant lifestyle and hospitality synonymous with Las Vegas. Stretching over 3.8 miles, the custom-designed street circuit features 17 high-speed turns and two DRS zones against the dazzling Las Vegas backdrop. Last year's event garnered 315,000 fans to witness drivers racing down the strip at 215 mph. The last time Las Vegas hosted a Grand Prix was in 1982 when Formula One drivers competed on a track set up in a parking lot next to Caesars Palace. The success of Netflix reality show Drive to Survive has boosted Formula One's stateside popularity in the United States in recent years. But the Formula 1 Heineken Silver Las Vegas Grand Prix isn't just about what happens on the track; Sin City also offers high-end hospitality options for attendees. VIP packages include exclusive lounges, gourmet dining experiences, and up-close views of the action from private suites. The ultimate ticket to this year's Grand Prix race is the Bellagio Fountain Club , which sits mere feet from the 1.2-mile high-speed straight. This exclusive package constructed next to the city's famous fountains is a powerhouse trifecta of indulgence, hospitality, and exhilaration. "Bellagio Fountain Club's debut at last year's Las Vegas Grand Prix event surpassed all expectations," said Andrew Lanzino, MGM Resorts' Vice President of Citywide Events Strategy. The private indoor and rooftop deck gives guests unobstructed trackside viewing. Celebrity chefs like Mario Carbone, David Chang, Alain Ducasse, Masaharu Morimoto, and Jean-Georges Vongerichten serve exquisite culinary offerings. At the same time, drinks flow at the open bar from master sommeliers and mixologists. The Bellagio Fountain Club is a highly sought-after ticket for race weekend, yet the hotel offers numerous activities everyone can enjoy. The Shoey Bar is back! Drink from a newly designed white shoe at the wildly popular tribute to one of racing's most iconic celebrations (thanks to Daniel Ricciardo). The Bellagio's Ferrari pop-up boutique returns for the second consecutive year, exclusively housing men's and women's collections, luxury leather accessories, one-of-a-kind items, and signed collectibles. Exclusive Balmain Racing menswear capsule and the French house's iconic ready-to-wear, handbags, and shoes will be available at a temporary boutique at the Bellagio through January 5. The Fontainebleau Las Vegas is a luxurious new addition to the Vegas Strip. A long-anticipated sister property to the iconic Fontainebleau Miami Beach, this Las Vegas counterpart brings high-end design and world-class dining. As the official event partner for the Formula 1 Heineken Silver Las Vegas Grand Prix, Fontainebleau will host the international elite at Papi Steak Garage, fusing high-energy dining and trackside action. Hosted by Papi Steak, a renowned David Grutman's Groot Hospitality hotspot, this package places guests within the pulse of the race, the Pit Lane. Known for its signature "Papi Steak," a richly seasoned and expertly cooked Tomahawk, the restaurant blends vintage glamour with a vibrant, high-energy atmosphere. For racing enthusiasts looking to pair fine dining with Formula 1 excitement, the VIP ultra-luxe package experience includes: No matter what team you cheer for, Sin City comes alive during race weekend. For those looking to get a taste of the action off-track, F1-themed activations throughout the city keep the energy high. The lobby at ARIA is the epicenter of excitement for Mercedes-AMG Petronas fans. A fully decked-out installation features race simulators, team merchandise, and photo opportunities with a show car, among other specialized experiences. The Cosmopolitan elevates race weekend with The Boulevard Experience, a souped-up watch party atop the Boulevard Pool. New for this year's race is a closed-circuit viewing of the live Las Vegas Grand Prix TV feed. The Brooklyn Bridge will transform into a motorsport fan's dream with Williams Racing team-curated interactive experiences. The free event offers fans an inside look at what it means to be on the team. Guests wandering The Cosmopolitan will find a variety of complimentary race weekend experiences, including MoneyGram Haas F1 Team memorabilia and photo opportunities with a team show car. As an official partner of the Formula 1 Heineken Silver Las Vegas Grand Prix, the resort is a high-energy destination for sports, entertainment, and exclusive experiences. More than 20 displayed Aston Martin models give fans unprecedented opportunities to experience the exquisite craftsmanship and advanced technology defining this prestigious brand. Aston Martin's Global Chief Brand and Commercial Officer, Marco Mattiacci, says, "It's an opportunity to connect with our community of owners and bring our brand to enthusiasts from across North America during a landmark moment in the F1 calendar." The exclusive Aston Martin British Bloodline experience presents a curated selection of current and rare vintage performance cars. Among them is the return of an icon, the Vanquish, Aston Martin's V12 flagship. This collection also features the newly launched Vantage sports car, the groundbreaking DB12 Super Tourer, and the DBX707, hailed as the supercar of SUVs. "As the excitement builds toward Race Week, we are thrilled to offer our guests an intimate look at the history and evolution of Aston Martin, a brand that symbolizes both excellence and sophistication," says Fontainebleau Las Vegas President Maurice Wooden. "As a resort, we pride ourselves on bringing top-tier experiences to our guests, creating once-in-a-lifetime memories. Fontainebleau Las Vegas is extremely proud to be the exclusive partner of Aston Martin, and we are honored to bring this iconic luxury brand for the ultimate Race Week experience." The hotel invites guests to experience Race Week in VIP style with the Aston Martin Million Dollar Package . This epitome of luxury allows guests to tailor their own Race Week adventure. It offers the extraordinary opportunity to take home an Aston Martin Vanquish, the stunning new flagship model from the prestigious British performance car brand. The Aston Martin Million Dollar Package also includes: Experience the Grand Prix without the craziness of The Strip with a retreat to Crockfords Las Vegas , an ultra-luxe property located directly on Las Vegas Boulevard just outside the high-energy zone. Recharge at this exclusive hotel within Resorts World after an action-fueled day at the track. The Chairman's Villa is an exclusive four-bedroom suite with direct views of the strip and race track from its private balcony on the 65th floor. This opulent suite includes a private lobby experience, a personal butler, and access to all of Crockford's amenities. A large media room, formal dining room, chef's kitchen, and billiards table bar mean guests can relax in the expansive living room while enjoying cocktails from a private bar or watching the drivers speed down the straight from the strip-facing balcony. The Chairman's Villa is also supreme for hosting exclusive events or parties during race weekend. It is truly a one-of-a-kind accommodation that embodies the glamour and extravagance of Las Vegas and Formula 1. Inspired by his nickname "Smooth Operator," Carlos Sainz will bring the vibes to Las Vegas with the 'Smooth Operator' Dance Lounge at ARIA Resort & Casino. Sainz famously earned his moniker by singing the song while overtaking competitors during global Grand Prix events. The charismatic Grand Prix driver will take over ARIA's ALIBI Ultra Lounge before racing around the Las Vegas streets. "Collaborating with Carlos Sainz on this exclusive party further strengthens the way we're delivering the 2024 Las Vegas Grand Prix experience to fans unlike any other race of the year," continues Lanzino. "Whether it's one-of-a-kind dining experiences with world-famous chefs, virtual reality Grand Prix moments with championship teams, or dancing with the Smooth Operator himself, we are creating a variety of ways for visitors and locals to have the time of their lives."
Jennison Associates LLC acquired a new position in Commvault Systems, Inc. ( NASDAQ:CVLT – Free Report ) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 7,761 shares of the software maker’s stock, valued at approximately $1,194,000. A number of other hedge funds and other institutional investors also recently made changes to their positions in CVLT. Caprock Group LLC bought a new stake in Commvault Systems in the third quarter worth approximately $249,000. Lindenwold Advisors INC grew its position in shares of Commvault Systems by 2.4% during the 3rd quarter. Lindenwold Advisors INC now owns 7,028 shares of the software maker’s stock worth $1,081,000 after buying an additional 164 shares during the period. Strengthening Families & Communities LLC increased its stake in shares of Commvault Systems by 11.2% in the 3rd quarter. Strengthening Families & Communities LLC now owns 17,791 shares of the software maker’s stock valued at $2,737,000 after acquiring an additional 1,791 shares in the last quarter. Sawgrass Asset Management LLC acquired a new position in shares of Commvault Systems during the 3rd quarter valued at $207,000. Finally, CIBC Asset Management Inc bought a new position in Commvault Systems during the third quarter worth $206,000. 93.50% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other Commvault Systems news, CEO Sanjay Mirchandani sold 10,775 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $165.30, for a total value of $1,781,107.50. Following the completion of the transaction, the chief executive officer now owns 459,969 shares in the company, valued at $76,032,875.70. This represents a 2.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Also, Director Allison Pickens sold 1,232 shares of the firm’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $153.89, for a total value of $189,592.48. Following the sale, the director now directly owns 7,131 shares of the company’s stock, valued at approximately $1,097,389.59. This represents a 14.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last ninety days, insiders sold 30,918 shares of company stock valued at $4,843,242. Corporate insiders own 1.00% of the company’s stock. Commvault Systems Trading Up 2.3 % Commvault Systems ( NASDAQ:CVLT – Get Free Report ) last posted its earnings results on Tuesday, October 29th. The software maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.07. Commvault Systems had a net margin of 19.75% and a return on equity of 31.62%. The firm had revenue of $233.28 million during the quarter, compared to analyst estimates of $220.76 million. During the same quarter in the prior year, the business posted $0.30 EPS. The business’s revenue was up 16.1% compared to the same quarter last year. On average, analysts predict that Commvault Systems, Inc. will post 1.66 EPS for the current year. Wall Street Analyst Weigh In Several brokerages have recently weighed in on CVLT. Oppenheimer started coverage on shares of Commvault Systems in a report on Wednesday, November 13th. They set an “outperform” rating and a $200.00 price objective on the stock. Royal Bank of Canada increased their price target on Commvault Systems from $164.00 to $182.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Guggenheim downgraded Commvault Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, October 15th. StockNews.com cut Commvault Systems from a “strong-buy” rating to a “buy” rating in a report on Friday, November 1st. Finally, KeyCorp boosted their price target on shares of Commvault Systems from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $151.25. View Our Latest Stock Report on Commvault Systems About Commvault Systems ( Free Report ) Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls. Featured Stories Want to see what other hedge funds are holding CVLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commvault Systems, Inc. ( NASDAQ:CVLT – Free Report ). Receive News & Ratings for Commvault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commvault Systems and related companies with MarketBeat.com's FREE daily email newsletter .
Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Soprano Angel Blue sings her first Metropolitan Opera 'Aida' in a new production Angel Blue, one of the most admired singers of her generation, is headlining the Metropolitan Opera’s first new production of Verdi’s “Aida” in 36 years. The 40-year-old takes on the title role of the enslaved Ethiopian princess torn between love for an Egyptian warrior and loyalty to her country. It’s a part that comes weighted with history, especially for a Black soprano at the Met, where Leontyne Price embodied the role from her first performance in 1961 until her retirement in 1985. Blue tells The Associated Press she’s long looked up to Price, and directors who have worked with her say the singer is ready for the challenge. Blue’s Met debut in ‘Aida’ will happen New Year’s Eve. Centuries-old angels uncovered at Boston church made famous by Paul Revere BOSTON (AP) — Conservators have uncovered eight angels in a historic Boston church that counted Paul Revere as a bell ringer and played a pivotal role in the Revolutionary War. The angels were painted in the early 18th century but painted over in 1912 as part of a renovation of the Old North Church. Inspired by research showing the existence of at least 20 angels, conservators for the past four months have been removing the white paint that covered the eight angels located on the balcony's arches in the church sanctuary. The public is now able to view them. Swiss Olympic snowboarder Sophie Hediger dies in avalanche, aged 26 Swiss Olympic snowboarder Sophie Hediger has died following an avalanche at a mountain resort. The country's skiing federation says the incident took place at the Arosa resort in Switzerland. The 26-year-old Hediger competed at the 2022 Beijing Winter Olympics in the women’s snowboard cross and the mixed team version of the same event. Hediger achieved her first two World Cup podium finishes in the 2023-24 season. Her best result was a second place in St. Moritz in January. NFL on Netflix: Christmas Day games are a 1st for streaming giant Netflix will have one of its biggest days since the site launched in 1998 when it carries two NFL games for the first time on Christmas. “NFL Christmas Gameday on Netflix” kicks off with a two-hour pregame show at 11 a.m., before Pittsburgh hosts Kansas City. Baltimore faces Houston in the second game. The streaming giant agreed to a three-year contract in May to carry Christmas Day games. Magic and lights draw crowds to an alpine village in Washington state for Christmas LEAVENWORTH, Wash. (AP) — Freshly baked pretzels, shining tree lights and sleds in the snow lend a ruddy warmth to an unlikely collection of Bavarian-themed chalets in the mountains of Washington state. Decades ago, the town of Leavenworth was a near ghost town, one of the poorest parts of the Pacific Northwest. The mines and the sawmill had closed, and even the railroad left. That’s when desperate business owners took a serious gamble -- reinventing the community in the vision of an alpine village. More than half a century later, the result brings tourists from near and far -- especially during the holidays, when Leavenworth takes on the flavor of a German Christmas market. Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says WASHINGTON (AP) — Former President Bill Clinton was admitted Monday to MedStar Georgetown University Hospital in Washington after developing a fever. The 78-year-old was admitted in the “afternoon for testing and observation,” Angel Urena, Clinton’s deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is receiving,” Urena said. Packers clinch playoff berth with 1st shutout in NFL this season, 34-0 over Saints GREEN BAY, Wis. (AP) — Josh Jacobs gained 107 yards from scrimmage and scored a touchdown for a sixth straight game as the Green Bay Packers clinched a playoff berth while producing the first shutout of the NFL season, 34-0 over the hapless New Orleans Saints. Green Bay improved to 11-4 and earned its fifth postseason appearance in six years. New Orleans played without injured quarterback Derek Carr and running back Alvin Kamara. Rookie Spencer Rattler started and went 15 of 30 for 153 yards with an interception and a fumble. The Packers have won nine of their last 11 games. Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting SANTA FE, N.M. (AP) — New Mexico prosecutors won’t pursue an appeal of a court’s decision to dismiss an involuntary manslaughter charge against Alec Baldwin. The actor had been charged in the death of cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021. Special Prosecutor Kari Morrissey withdrew on Monday the appeal of a July decision at trial to dismiss the charge. The decision to drop the appeal solidifies the decision by Judge Mary Marlowe Sommer halfway through trial to dismiss the case on allegations that police and prosecutors withheld evidence from the defense. An all-Filipino crew is set to make history in the Sydney to Hobart yacht race SYDNEY (AP) — There have been plenty of “firsts” in the history of the Sydney to Hobart yacht race which was first held in 1945. An all-Filipino crew of 15 sailors will make it another when the annual ocean classic begins in Sydney Harbor on Thursday. With veteran sailor Ernesto Echauz at the helm, Centennial 7 will embark on the 628-nautical mile race. The boat itself is no stranger to the race. Previously, the TP52 yacht was known as Celestial and claimed the Sydney to Hobart overall handicap victory in 2022 under Sam Haynes after being runner-up the year before.Ramiro Enrique, Pedro Gallese lead Orlando City past Atlanta United 1-0 for trip to conference final
Renewable energy (RE) firm Reurasia Management Corp. and French research vessel Plastic Odyssey signed a memorandum of agreement (MOA) last Friday for an initiative that seeks to recycle plastic waste into construction materials. Reurasia and Plastic Odyssey said their partnership aims to tackle environmental challenges and create economic opportunities through “innovative” recycling technologies and community-based solutions. “We are very excited to actually work with Plastic Odyssey, as they have been doing great work in Africa, using legacy waste and plastic to produce construction materials, such as tubes and bricks,” Maxime Droit, director at Reurasia, told the BusinessMirror in an interview. The company, which has been in the Philippines for more than a decade, aims to expand its technological offerings. Through a new collaboration, the company intends to roll out low-tech innovations, specifically two micro-factories designed to convert plastic waste into valuable materials. These facilities, developed in partnership with the Delfingen Foundation, will be built in Manila and Cebu. The handover of these micro-factories is scheduled to take place between late November and early December. Droit said these technologies are ideal for development in small islands and remote areas. With plastic being lightweight and costly to transport to landfills or other locations, he said these solutions offer “a more efficient alternative.” For example, he said if waste is produced in Siquijor and needs to be transported to Cebu, it would require a boat to move it, making the process costly. The goal is to recycle the plastic locally and convert it into construction materials. “We can use it to build houses, tiles, and walls for local communities,” Droit said, adding that this initiative complements their organic waste operations. He said organic waste, can generate energy, gas, and heat, which could power the plastic recycling factory. Droit said nongovernment organizations can supply waste from municipalities, while the facilities will produce both energy and construction materials, creating “a mutually beneficial cycle.” “We really want the Philippines to embrace this technology and promote it. I think there is a tremendous opportunity in the 7,000 islands here.” When BusinessMirror asked about the future of their partnership, Benoit Blancher, CEO of Plastic Odyssey Factories, said their goal in the Philippines is to establish a network of entrepreneurs who will operate these factories. The company plans to provide the necessary technology to support the launch and growth of these businesses. “We hope that in the coming years, we’ll deploy 10 of them in Ireland and maybe the Philippines will be the starting point for the Southeast Asian region.” The Reurasia official said the company is committed to promoting and implementing advanced technologies through its ongoing partnership. He outlined three key areas of focus for their development efforts in the Philippines. For one, they aim to engage more people in the country, whether by encouraging them to purchase equipment or operate the facilities. Droit also said the company is focused on combining efforts to address both organic and plastic waste, an initiative that will involve collaborative research and development. Lastly, they are working to expand their impact beyond the Philippines by promoting solutions that integrate organic waste and plastic recycling in international markets, with plans to bid for related projects abroad.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Linens are household necessities that are used daily , which means they won't last forever and need to be replaced now and then. The good news is that you can get your hands on quality towels without draining your bank account, thanks to Macy's massive Black Friday sale that's going on right now. This is the perfect time to stock your linen closets ahead of the holiday season. For a limited time, you can add the Everyday Home Supremely Soft Bath Towel Set to your cart for only $12 (equalling just $3 apiece) as opposed to $54. It includes four 27- by 52-inch bath towels that shoppers described as "soft" and absorbent" in their five-star reviews. They are made of 100% cotton using soft spun technology to minimize lint and increase their longevity. Everyday Home by Trident Supremely Soft 4-Piece Bath Towel Set, $12 (was $54) at Macy's Courtesy of Macy's This set is available in four pretty colors including gray, pink, white, and blue, so you can choose the shades that suit your aesthetic. At such an affordable price, you might as well purchase multiple colorways for your main bathroom, guest bathrooms, and beyond. These also make for a thoughtful and practical gift for friends and family, considering they are something everyone could use more of. That's why several shoppers have said they are "buying more" and coming back for another set. Related: Wayfair is selling an 'awesome' $588 bed frame for only $220, and shoppers say it's 'a must-buy' "I’m obsessed with these towels," one reviewer wrote. "I used to be the type of person that didn’t really care about using super cheap towels but these have completely changed my point of view. They’re super soft but not the type of soft that makes it impossible to get dry, I’ve noticed that they don’t ever have lint or hair stuck to them when I take them out of the dryer, and they’re very nicely sized. I would 100% recommend these towels." This Macy's sale isn't going to last much longer, so do yourself a favor and stock up on the Everyday Home Towel Sets for only $12 while you still can.DENVER — Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-year-old girl that they are not pursuing. JonBenet Ramsey, who competed in beauty pageants, was found dead in the basement of her family's home in the college town of Boulder the day after Christmas in 1996. Her body was found several hours after her mother called 911 to say her daughter was missing and a ransom note was left behind. The gravesite of JonBenet Ramsey is covered with flowers Jan. 8, 1997, at St. James Episcopal Cemetery in Marietta, Ga. JonBenet was bludgeoned and strangled. Her death was ruled a homicide, but nobody was ever prosecuted. The details of the crime and video footage of JonBenet competing in pageants propelled the case into one of the highest-profile mysteries in the United States. The police comments came as part of their annual update on the investigation, a month before the 28th anniversary of JonBenet's killing. Police said they released it a little earlier due to the increased attention on the case, apparently referring to the three-part Netflix series "Cold Case: Who Killed JonBenet Ramsey." In a video statement, Boulder Police Chief Steve Redfearn said the department welcomes news coverage and documentaries about the killing of JonBenet, who would have been 34 this year, as a way to generate possible new leads. He said the department is committed to solving the case but needs to be careful about what it shares about the investigation to protect a possible future prosecution. "What I can tell you though, is we have thoroughly investigated multiple people as suspects throughout the years and we continue to be open-minded about what occurred as we investigate the tips that come in to detectives," he said. The Netflix documentary focuses on the mistakes made by police and the "media circus" surrounding the case. A police officer sits in her cruiser Jan. 3, 1997, outside the home in which 6-year-old JonBenet Ramsey was found murdered Dec. 26, 1996, in Boulder, Colo. Police were widely criticized for mishandling the early investigation into her death amid speculation that her family was responsible. However, a prosecutor cleared her parents, John and Patsy Ramsey, and brother Burke in 2008 based on new DNA evidence from JonBenet's clothing that pointed to the involvement of an "unexplained third party" in her slaying. The announcement by former district attorney Mary Lacy came two years after Patsy Ramsey died of cancer. Lacy called the Ramseys "victims of this crime." John Ramsey continued to speak out for the case to be solved. In 2022, he supported an online petition asking Colorado's governor to intervene in the investigation by putting an outside agency in charge of DNA testing in the case. In the Netflix documentary, he said he advocated for several items that were not prepared for DNA testing to be tested and for other items to be retested. He said the results should be put through a genealogy database. In recent years, investigators identified suspects in unsolved cases by comparing DNA profiles from crime scenes and to DNA testing results shared online by people researching their family trees. In 2021, police said in their annual update that DNA hadn't been ruled out to help solve the case, and in 2022 noted that some evidence could be "consumed" if DNA testing is done on it. Last year, police said they convened a panel of outside experts to review the investigation to give recommendations and determine if updated technologies or forensic testing might produce new leads. In the latest update, Redfearn said that review ended but police continue to work through and evaluate a "lengthy list of recommendations" from the panel. Receive the latest in local entertainment news in your inbox weekly!Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Soprano Angel Blue sings her first Metropolitan Opera 'Aida' in a new production Angel Blue, one of the most admired singers of her generation, is headlining the Metropolitan Opera’s first new production of Verdi’s “Aida” in 36 years. The 40-year-old takes on the title role of the enslaved Ethiopian princess torn between love for an Egyptian warrior and loyalty to her country. It’s a part that comes weighted with history, especially for a Black soprano at the Met, where Leontyne Price embodied the role from her first performance in 1961 until her retirement in 1985. Blue tells The Associated Press she’s long looked up to Price, and directors who have worked with her say the singer is ready for the challenge. Blue’s Met debut in ‘Aida’ will happen New Year’s Eve. Centuries-old angels uncovered at Boston church made famous by Paul Revere BOSTON (AP) — Conservators have uncovered eight angels in a historic Boston church that counted Paul Revere as a bell ringer and played a pivotal role in the Revolutionary War. The angels were painted in the early 18th century but painted over in 1912 as part of a renovation of the Old North Church. Inspired by research showing the existence of at least 20 angels, conservators for the past four months have been removing the white paint that covered the eight angels located on the balcony's arches in the church sanctuary. The public is now able to view them. Swiss Olympic snowboarder Sophie Hediger dies in avalanche, aged 26 Swiss Olympic snowboarder Sophie Hediger has died following an avalanche at a mountain resort. The country's skiing federation says the incident took place at the Arosa resort in Switzerland. The 26-year-old Hediger competed at the 2022 Beijing Winter Olympics in the women’s snowboard cross and the mixed team version of the same event. Hediger achieved her first two World Cup podium finishes in the 2023-24 season. Her best result was a second place in St. Moritz in January. NFL on Netflix: Christmas Day games are a 1st for streaming giant Netflix will have one of its biggest days since the site launched in 1998 when it carries two NFL games for the first time on Christmas. “NFL Christmas Gameday on Netflix” kicks off with a two-hour pregame show at 11 a.m., before Pittsburgh hosts Kansas City. Baltimore faces Houston in the second game. The streaming giant agreed to a three-year contract in May to carry Christmas Day games. Magic and lights draw crowds to an alpine village in Washington state for Christmas LEAVENWORTH, Wash. (AP) — Freshly baked pretzels, shining tree lights and sleds in the snow lend a ruddy warmth to an unlikely collection of Bavarian-themed chalets in the mountains of Washington state. Decades ago, the town of Leavenworth was a near ghost town, one of the poorest parts of the Pacific Northwest. The mines and the sawmill had closed, and even the railroad left. That’s when desperate business owners took a serious gamble -- reinventing the community in the vision of an alpine village. More than half a century later, the result brings tourists from near and far -- especially during the holidays, when Leavenworth takes on the flavor of a German Christmas market. Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says WASHINGTON (AP) — Former President Bill Clinton was admitted Monday to MedStar Georgetown University Hospital in Washington after developing a fever. The 78-year-old was admitted in the “afternoon for testing and observation,” Angel Urena, Clinton’s deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is receiving,” Urena said. Packers clinch playoff berth with 1st shutout in NFL this season, 34-0 over Saints GREEN BAY, Wis. (AP) — Josh Jacobs gained 107 yards from scrimmage and scored a touchdown for a sixth straight game as the Green Bay Packers clinched a playoff berth while producing the first shutout of the NFL season, 34-0 over the hapless New Orleans Saints. Green Bay improved to 11-4 and earned its fifth postseason appearance in six years. New Orleans played without injured quarterback Derek Carr and running back Alvin Kamara. Rookie Spencer Rattler started and went 15 of 30 for 153 yards with an interception and a fumble. The Packers have won nine of their last 11 games. Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting SANTA FE, N.M. (AP) — New Mexico prosecutors won’t pursue an appeal of a court’s decision to dismiss an involuntary manslaughter charge against Alec Baldwin. The actor had been charged in the death of cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021. Special Prosecutor Kari Morrissey withdrew on Monday the appeal of a July decision at trial to dismiss the charge. The decision to drop the appeal solidifies the decision by Judge Mary Marlowe Sommer halfway through trial to dismiss the case on allegations that police and prosecutors withheld evidence from the defense. An all-Filipino crew is set to make history in the Sydney to Hobart yacht race SYDNEY (AP) — There have been plenty of “firsts” in the history of the Sydney to Hobart yacht race which was first held in 1945. An all-Filipino crew of 15 sailors will make it another when the annual ocean classic begins in Sydney Harbor on Thursday. With veteran sailor Ernesto Echauz at the helm, Centennial 7 will embark on the 628-nautical mile race. The boat itself is no stranger to the race. Previously, the TP52 yacht was known as Celestial and claimed the Sydney to Hobart overall handicap victory in 2022 under Sam Haynes after being runner-up the year before.
If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 public digital health companies analyzed by CNBC, roughly two-thirds are down for the year. Others are now out of business. There were some breakout stars, like Hims & Hers Health , which was buoyed by the success of its popular new weight loss offering and its position in the GLP-1 craze. But that was an exception. While there were some company-specific challenges in the industry, overall it was a “year of inflection,” according to Scott Schoenhaus, an analyst at KeyBanc Capital Markets covering health-care IT companies. Business models that appeared poised to break out during the pandemic haven’t all worked as planned, and companies have had to refocus on profitability and a more muted growth environment. “The pandemic was a huge pull forward in demand, and we’re facing those tough, challenging comps,” Schoenhaus told CNBC in an interview. “Growth clearly slowed for most of my names, and I think employers, payers, providers and even pharma are more selective and more discerning on digital health companies that they partnered with.” In 2021, digital health startups raised $29.1 billion, blowing past all previous funding records, according to a report from Rock Health . Almost two dozen digital health companies went public through an initial public offering or special purpose acquisition company, or SPAC, that year, up from the previous record of eight in 2020. Money was pouring into themes that played into remote work and remote health as investors looked for growth with interest rates stuck near zero. But as the worst waves of the pandemic subsided, so did the insatiable demand for new digital health tools. It’s been a rude awakening for the sector. “What we’re still going through is an understanding of the best ways to address digital health needs and capabilities, and the push and pull of the current business models and how successful they may be,” Michael Cherny , an analyst at Leerink Partners, told CNBC. “We’re in a settling out period post Covid.” Progyny , which offers benefits solutions for fertility and family planning, is down more than 60% year to date. Teladoc Health , which once dominated the virtual-care space, has dropped 58% and is 96% off its 2021 high. When Teladoc acquired Livongo in 2020, the companies had a combined enterprise value of $37 billion . Teladoc’s market cap now sits at under $1.6 billion. GoodRx , which offers price transparency tools for medications, is down 33% year to date. Schoenhaus says many companies’ estimates were too high this year. Progyny cut its full-year revenue guidance in every earnings report in 2024. In February, Progyny was predicting $1.29 billion to $1.32 billion in annual revenue. By November, the range was down to $1.14 billion to $1.15 billion. GoodRx also repeatedly slashed its full-year guidance for 2024. What was $800 million to $810 million in May shrank to $794 million by the November . In Teladoc’s first-quarter report , the company said it expected full-year revenue of $2.64 billion to $2.74 billion. The company withdrew its outlook in its second quarter, and reported consecutive year-over year declines. “This has been a year of coming to terms with the growth outlook for many of my companies, and so I think we can finally look at 2025 as maybe a better year in terms of the setups,” Schoenhaus said. While overzealous forecasting tells part of the digital health story this year, there were some notable stumbles at particular companies. Dexcom , which makes devices for diabetes and glucose management, is down more than 35% year to date. The stock tumbled more than 40% in July — its steepest decline ever — after the company reported disappointing second-quarter results and issued weak full-year guidance. CEO Kevin Sayer attributed the challenges to a restructuring of the sales team, fewer new customers than expected and lower revenue per user. Following the report, JPMorgan Chase analysts marveled at “the magnitude of the downside” and the fact that it “appears to mostly be self-inflicted.” Genetic testing company 23andMe had a particularly rough year. The company went public via a SPAC in 2021, valuing the business at $3.5 billion, after its at-home DNA testing kits skyrocketed in popularity. The company is now worth less than $100 million and CEO Anne Wojcicki is trying to keep it afloat. In September, all seven independent directors resigned from 23andMe’s board, citing disagreements with Wojcicki about the “strategic direction for the company.” Two months later, 23andMe said it planned to cut 40% of its workforce and shutter its therapeutics business as part of a restructuring plan. Wojcicki has repeatedly said she intends to take 23andMe private. The stock is down more than 80% year to date. Digital health's bright spots Investors in Hims & Hers had a much better year. Shares of the direct-to-consumer marketplace are up more than 200% year to date, pushing the company’s market cap to $6 billion, thanks to soaring demand for GLP-1s. Hims & Hers began prescribing compounded semaglutide through its platform in May after launching a new weight loss program late last year. Semaglutide is the active ingredient in Novo Nordisk ’s blockbuster medications Ozempic and Wegovy, which can cost around $1,000 a month without insurance. Compounded semaglutide is a cheaper, custom-made alternative to the brand drugs and can be produced when the brand-name treatments are in shortage . Hims & Hers will likely have to contend with dynamic supply and regulatory environments next year, but even before adding compounded GLP-1s to its portfolio, the company said in its February earnings call that it expects its weight loss program to bring in more than $100 million in revenue by the end of 2025. Doximity , a digital platform for medical professionals, also had a strong 2024, with its stock price more than doubling. The company’s platform, which for years has been likened to a LinkedIn for doctors , allows clinicians to stay current on medical news, manage paperwork, find referrals and carry out telehealth appointments with patients. Doximity primarily generates revenue through its hiring solutions, telehealth tools and marketing offerings for clients like pharmaceutical companies. Leerink’s Cherny said Doximity’s success can be attributed to its lean operating model, as well as the “differentiated mousetrap” it’s created because of its reach into the physician network. “DOCS is a rare company in healthcare IT as it is already profitable, generates strong incremental margins, and is a steady grower,” Leerink analysts, including Cherny, wrote in a November note. The firm raised its price target on the stock to $60 from $35. Another standout this year was Oscar Health , the tech-enabled insurance company co-founded by Thrive Capital Management’s Joshua Kushner. Its shares are up nearly 50% year to date. The company supports roughly 1.65 million members and plans to expand to around 4 million by 2027. Oscar showed strong revenue growth in its third-quarter report in November. Sales climbed 68% from a year earlier to $2.4 billion. Additionally, two digital health companies, Waystar and Tempus AI , took the leap and went public in 2024. The IPO market has been largely dormant since late 2021, when soaring inflation and rising interest rates pushed investors out of risk. Few technology companies have gone public since then, and no digital health companies held IPOs in 2023, according to a report from Rock Health. Waystar, a health-care payment software vendor, has seen its stock jump to $36.93 from its IPO price of $21.50 in June. Tempus, a precision medicine company, hasn’t fared as well. It’s stock has slipped to $34.91 from its IPO price of $37 , also in June. “Hopefully, the valuations are more supportive of opportunities for other companies that have been lingering in the background as private companies for the last several years.” Schoenhaus said. Out with the old Several digital health companies exited the public markets entirely this year. Cue Health , which made Covid tests and counted Google as an early customer , and Better Therapeutics, which used digital therapeutics to treat cardiometabolic conditions, both shuttered operations and delisted from the Nasdaq. Revenue cycle management company R1 RCM was acquired by TowerBrook Capital Partners and Clayton, Dubilier & Rice in an $8.9 billion deal. Similarly, Altaris bought Sharecare , which runs a virtual health platform, for roughly $540 million. Commure, a private company that offers tools for simplifying clinicians’ workflows, acquired medical AI scribing company Augmedix for about $139 million. “There was a lot of competition that entered the marketplace during the pandemic years, and we’ve seen some of that being flushed out of the markets, which is a good thing,” Schoenhaus said. Cherny said the sector is adjusting to a post-pandemic period, and digital health companies are figuring out their role. “We’re still cycling through what could be almost termed digital health 1.1 business models,” he said. “It’s great to say we do things digitally, but it only matters if it has some approach toward impacting the ‘triple aim’ of health care: better care, more convenient, lower cost.”Celebrity-inspired Thanksgiving recipes, plus last-minute holiday meal ideas
