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The Chicago Bears helped provide just that. Brock Purdy carved up Chicago's defense to lead San Francisco to its best offensive output of the season and the defense dominated the Bears in a 38-13 win Sunday that looked a lot more like the team that went to the Super Bowl last season than the one that has struggled in 2024. “I think just the biggest thing was just getting some energy and momentum,” Purdy said. “This league is hard. It’s tough. If you don’t have momentum or energy and belief within a building, it can be really tough.” The problem for San Francisco (6-7) is it might be too late to salvage its playoff hopes. Three blown fourth-quarter leads to division rivals and the lopsided losses at Green Bay and Buffalo the previous two weeks leave the Niners two games out of the playoffs with only four games to go. They might need to win out to get back to the postseason for a fourth straight season, and even then they could need some help because their three division losses will make it tough to win any tiebreakers in the tightly packed NFC West. “If we win every single game, I think we’ve put ourselves in a very good position to either win the division or somehow sneak our way into playoff contention,” tight end George Kittle said. “I thought everyone’s focused on this one week. ... Forget the whole season whether you’ve played like crap the entire season, whether you’ve had missed opportunities, or whether you have a bunch of touchdowns. Whatever it is, flush all that and just focus on this one game.” Big plays. The Niners repeatedly gashed the Bears for big plays as the passing game looked as good as it has all season. Purdy had eight completions go for at least 20 yards — tied for the most in any game for the 49ers since at least 1991 — with Kittle catching four of them, Isaac Guerendo two and one each for Deebo Samuel and Jauan Jennings. Kickoffs. Jake Moody attempted two line-drive kicks as San Francisco tried to pin Chicago deep instead of allowing a touchback. But both kicks landed shy of the landing zone at the 20, giving the Bears the ball at the 40. DL Yetur Gross-Matos. The Niners have been struggling to generate a pass rush with Nick Bosa sidelined, but Gross-Matos made a big impact on Sunday. He had a career-high three sacks in the game after coming into the game with just one this season. S Ji'Ayir Brown. The second-year safety lost his starting job with the return of Talanoa Hufanga from a wrist injury. Brown played 15 defensive snaps in a spot role and was beat on a TD pass to Rome Odunze in his limited action. Guerendo has a sprained foot and will be evaluated later this week to see if he can play. ... OL Ben Bartch will likely go on IR after suffering a high ankle sprain Sunday. ... LB Dre Greenlaw could return this week for the first time since tearing his Achilles tendon in the Super Bowl. ... DL Nick Bosa (hip, oblique) and LT Trent Williams (ankle) will be evaluated this week but there is no timeline on when they will return. ... LG Aaron Banks cleared the concussion protocol and should play this week. ... LB Dee Winters (ankle), S Malik Mustapha (chest, shoulder) and LB Demetrius Flannigan-Fowles are day-to-day. 305 — The 49ers outgained the Bears by 305 yards in the first half for the ninth best advantage in a first half since at least 1991. The 319 yards for San Francisco were the most by any team in a first half this season and the 4 yards allowed were the fewest. The 49ers host the Los Angeles Rams on Thursday night. AP NFL: https://apnews.com/hub/NFLResults Summary 1 SUNNYVALE, Calif. , Dec. 4, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today reported results for its fourth quarter and fiscal year 2024. Revenue for the fourth quarter of fiscal year 2024 was $1.636 billion , compared to $1.467 billion for the fourth quarter of fiscal year 2023. Revenue for fiscal year 2024 was $6.127 billion , an increase of approximately 15% from $5.318 billion in fiscal year 2023. "The fourth quarter was a strong finish to a transformational year for Synopsys. We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys," said Sassine Ghazi , president and CEO of Synopsys. "Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems." "Continued strong execution drove excellent Q4 results, which exceeded the midpoint of our guidance targets and capped a year of 15% revenue growth for the company," said Shelagh Glaser , CFO of Synopsys. "The combination of our execution focus, operating discipline, and the critical nature of our industry-leading technology positions us well for the future. In 2025, we expect to deliver double-digit revenue growth grounded in pragmatism given continued macro uncertainties and the impact of our fiscal year calendar change." Synopsys' previously announced acquisition of Ansys is expected to close in the first half of 2025, subject to the receipt of required regulatory approvals and other customary closing conditions. This week marked the expiration of the Hart-Scott-Rodino (HSR) Act waiting period, and Synopsys is working cooperatively with Federal Trade Commission (FTC) staff to conclude the investigation and the staff's review of Synopsys' proposed remedies. _______________________________________________ 1 On September 30, 2024, Synopsys completed the sale of its Software Integrity business. Synopsys' Software Integrity business has been presented as a discontinued operation in the consolidated financial statements for all periods presented herein and all financial results and targets are presented herein on a continuing operations basis unless otherwise noted. Continuing Operations On September 30, 2024 , Synopsys completed the sale of its Software Integrity business. Unless otherwise noted, Synopsys' Software Integrity business has been presented as a discontinued operation in the Synopsys' consolidated financial statements for all periods presented herein and all financial results and targets are presented herein on a continuing operations basis. GAAP Results On a U.S. generally accepted accounting principles (GAAP) basis, net income for the fourth quarter of fiscal year 2024 was $279.3 million , or $1.79 per diluted share, compared to $346.1 million , or $2.23 per diluted share, for the fourth quarter of fiscal year 2023. GAAP net income for fiscal year 2024 was $1.442 billion , or $9.25 per diluted share, compared to $1.227 billion , or $7.91 per diluted share, for fiscal year 2023. Non-GAAP Results On a non-GAAP basis, net income for the fourth quarter of fiscal year 2024 was $529.9 million , or $3.40 per diluted share, compared to non-GAAP net income of $464.1 million , or $3.00 per diluted share, for the fourth quarter of fiscal year 2023. Non-GAAP net income for fiscal year 2024 was $2.058 billion , or $13.20 per diluted share, compared to non-GAAP net income of $1.636 billion , or $10.54 per diluted share, for fiscal year 2023. For a reconciliation of net income, earnings per diluted share and other measures on a GAAP and non-GAAP basis, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Business Segments Synopsys reports revenue and operating income in two segments: (1) Design Automation, which includes our advanced silicon design, verification products and services, system integration products and services, digital, custom and field programmable gate array IC design software, verification software and hardware products, manufacturing software products and other and (2) Design IP, which includes our interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services. Financial Targets Synopsys also provided its consolidated financial targets for the first quarter and full fiscal year 2025. These targets reflect a change in Synopsys' fiscal year from a 52/53-week period ending on the Saturday nearest to October 31 of each year to October 31 of each year. As a result of this change, there will be ten fewer days in the first half of fiscal year 2025 and two extra days in the second half of fiscal year 2025, which results in eight fewer days in the aggregate in Synopsys' fiscal year 2025 as compared to its fiscal year 2024. These targets also assume no further changes to export control restrictions or the current U.S. government "Entity List" restrictions. These targets constitute forward-looking statements and are based on current expectations. For a discussion of factors that could cause actual results to differ materially from these targets, see "Forward-Looking Statements" below. First Quarter and Full Fiscal Year 2025 Financial Targets (1) (in millions except per share amounts) Range for Three Months Ending Range for Fiscal Year Ending January 31, 2025 October 31, 2025 Low High Low High Revenue $ 1,435 $ 1,465 $ 6,745 $ 6,805 GAAP Expenses $ 1,142 $ 1,162 $ 4,926 $ 4,983 Non-GAAP Expenses $ 945 $ 955 $ 4,045 $ 4,085 Non-GAAP Interest and Other Income (Expense), net $ 20 $ 22 $ 94 $ 98 Non-GAAP Tax Rate 16 % 16 % 16 % 16 % Outstanding Shares (fully diluted) 156 158 157 159 GAAP EPS $ 1.81 $ 1.95 $ 10.42 $ 10.63 Non-GAAP EPS $ 2.77 $ 2.82 $ 14.88 $ 14.96 Operating Cash Flow ~ $1,800 Free Cash Flow (2) ~ $1,600 Capital Expenditures ~ $170 (1) Synopsys' first quarter of fiscal year 2025 will end on January 31, 2025 and its fiscal year 2025 will end on October 31, 2025. (2) Free cash flow is calculated as cash provided from operating activities less capital expenditures. For a reconciliation of Synopsys' first quarter and fiscal year 2025 targets, including expenses, earnings per diluted share and other measures on a GAAP and non-GAAP basis and a discussion of the financial targets that we are not able to reconcile without unreasonable efforts, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Earnings Call Open to Investors Synopsys will hold a conference call for financial analysts and investors today at 2:00 p.m. Pacific Time. A live webcast of the call will be available on Synopsys' corporate website at investor.synopsys.com . Synopsys uses its website as a tool to disclose important information about Synopsys and comply with its disclosure obligations under Regulation Fair Disclosure. A webcast replay will also be available on the corporate website from approximately 5:30 p.m. Pacific Time today through the time Synopsys announces its results for the first quarter of fiscal year 2025 in February 2025. Effectiveness of Information The targets included in this press release, the statements made during the earnings conference call, the information contained in the financial supplement and the corporate overview presentation, each of which are available on Synopsys' corporate website at www.synopsys.com (collectively, the " Earnings Materials "), represent Synopsys' expectations and beliefs as of December 4, 2024 . Although these Earnings Materials will remain available on Synopsys' website through the date of the earnings call for the first quarter of fiscal year 2025, their continued availability through such date does not mean that Synopsys is reaffirming or confirming their continued validity. Synopsys undertakes no duty and does not intend to update any forward-looking statement, whether as a result of new information or future events, or otherwise update, the targets given in this press release unless required by law. Availability of Final Financial Statements Synopsys will include final financial statements for the fiscal year 2024 in its annual report on Form 10-K to be filed on or before January 2, 2025 . About Synopsys Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com . Reconciliation of Fourth Quarter and Fiscal Year 2024 Results The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP net income, earnings per diluted share, and tax rate for the periods indicated below. GAAP to Non-GAAP Reconciliation of Fourth Quarter and Fiscal Year 2024 Results (1) (unaudited and in thousands, except per share amounts) Three Months Ended Twelve Months Ended October 31, October 31, 2024 2023 2024 2023 GAAP net income from continuing operations attributed to Synopsys $ 279,281 $ 346,051 $ 1,441,710 $ 1,227,045 Adjustments: Amortization of acquired intangible assets 54,258 14,886 104,220 50,477 Stock-based compensation 165,116 128,286 656,632 511,730 Acquisition/divestiture related items 62,428 4,016 172,638 13,831 Restructuring charges — (1,348) — 53,091 Gain on sale of strategic investments — — (55,077) — Tax settlement — — — (23,752) Tax adjustments (31,158) (27,753) (262,322) (196,471) Non-GAAP net income from continuing operations attributed to Synopsys $ 529,925 $ 464,138 $ 2,057,801 $ 1,635,951 Three Months Ended Twelve Months Ended October 31, October 31, 2024 2023 2024 2023 GAAP net income from continuing operations per diluted share attributed to Synopsys $ 1.79 $ 2.23 $ 9.25 $ 7.91 Adjustments: Amortization of acquired intangible assets 0.35 0.10 0.67 0.33 Stock-based compensation 1.06 0.83 4.21 3.30 Acquisition/divestiture related items 0.40 0.03 1.11 0.09 Restructuring charges — (0.01) — 0.34 Gain on sale of strategic investments — — (0.35) — Tax settlement — — — (0.15) Tax adjustments (0.20) (0.18) (1.69) (1.28) Non-GAAP net income from continuing operations per diluted share attributed to Synopsys $ 3.40 $ 3.00 $ 13.20 $ 10.54 Shares used in computing net income per diluted share amounts: 155,991 154,845 155,944 155,195 (1) Synopsys' fourth quarter of fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. GAAP to Non-GAAP Tax Rate Reconciliation (1)(2) (unaudited) Twelve Months Ended October 31, 2024 GAAP effective tax rate 6.6 % Stock-based compensation 2.9 % Income tax adjustments (3) 5.5 % Non-GAAP effective tax rate 15.0 % (1) Synopsys' fiscal year 2024 ended on November 2, 2024. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. (2) Presented on a continuing operations basis. (3) The adjustments are primarily related to the differences in the tax rate effect of certain deductions, such as the deduction for foreign-derived intangible income and credits. GAAP to Non-GAAP Reconciliation of 2025 Targets The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP targets for the periods indicated below. GAAP to Non-GAAP Reconciliation of First Quarter Fiscal Year 2025 Targets (in thousands, except per share amounts) Range for Three Months Ending January 31, 2025 Low High Target GAAP expenses $ 1,142,000 $ 1,162,000 Adjustments: Amortization of acquired intangible assets (12,000) (15,000) Stock-based compensation (185,000) (192,000) Target non-GAAP expenses $ 945,000 $ 955,000 Range for Three Months Ending January 31, 2025 Low High Target GAAP earnings per diluted share attributed to Synopsys $ 1.81 $ 1.95 Adjustments: Amortization of acquired intangible assets 0.10 0.08 Stock-based compensation 1.22 1.18 Acquisition/divestiture related items (1) 0.08 0.06 Tax adjustments (0.44) (0.45) Target non-GAAP earnings per diluted share attributed to Synopsys $ 2.77 $ 2.82 Shares used in non-GAAP calculation (midpoint of target range) 157,000 157,000 GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2025 Targets (in thousands, except per share amounts) Range for Fiscal Year Ending October 31, 2025 Low High Target GAAP expenses $ 4,926,000 $ 4,983,000 Adjustments: Amortization of acquired intangible assets (46,000) (51,000) Stock-based compensation (835,000) (847,000) Target non-GAAP expenses $ 4,045,000 $ 4,085,000 Range for Fiscal Year Ending October 31, 2025 Low High Target GAAP earnings per diluted share attributed to Synopsys $ 10.42 $ 10.63 Adjustments: Amortization of acquired intangible assets 0.32 0.29 Stock-based compensation 5.36 5.28 Acquisition/divestiture related items (1) 0.29 0.26 Tax adjustments (1.51) (1.50) Target non-GAAP earnings per diluted share attributed to Synopsys $ 14.88 $ 14.96 Shares used in non-GAAP calculation (midpoint of target range) 158,000 158,000 (1) Adjustments reflect certain contractually obligated financing fees and related amortization expenses, and do not fully reflect all potential adjustments for future periods for the reasons set forth in "GAAP to Non-GAAP Reconciliation" below. Forward-Looking Statements This press release and the investor conference call contain forward-looking statements, including, but not limited to, statements regarding short-term and long-term financial targets, expectations and objectives including, among others, our long-term financial objectives, which include the anticipated effects of our pending acquisition of ANSYS, Inc. (the Ansys Merger); business and market outlook, opportunities, strategies and technological trends, such as artificial intelligence; planned acquisitions and their expected impact, including the Ansys Merger; the potential impact of the uncertain macroeconomic and geopolitical environment on our financial results; the expected impact of U.S. and foreign government trade restrictions and regulatory changes, including export control restrictions and tariffs on our financial results; customer license renewals and the expected realization and timing of our contracted but unsatisfied or partially unsatisfied performance obligations (backlog); planned dispositions and their expected impact; customer demand and market expansion for our products and our customers' products; our ability to successfully compete in the markets we serve; our planned product releases and capabilities; industry growth rates; software trends; planned stock repurchases; our expected tax rate; and the impact and result of pending legal, regulatory, administrative and tax proceedings. These statements involve risks, uncertainties and other factors that could cause our actual results, time frames or achievements to differ materially from those expressed or implied in such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: macroeconomic conditions and geopolitical uncertainty in the global economy; uncertainty in the growth of the semiconductor and electronics industries; the highly competitive industry we operate in; actions by the U.S. or foreign governments, such as the imposition of additional export restrictions or tariffs; consolidation among our customers and our dependence on a relatively small number of large customers; risks and compliance obligations relating to the global nature of our operations; failure to complete the Ansys Merger on the terms described in our filings with the SEC, if at all; failure to obtain required governmental approvals related to the Ansys Merger or the imposition of conditions to such governmental approvals that may have an adverse effect on us; failure to realize the benefits expected from the Ansys Merger; and more. Additional information on potential risks, uncertainties and other factors that could affect Synopsys' results is included in filings we make with the SEC from time to time, including in the sections entitled "Risk Factors" in our latest Annual Report on Form 10-K and in our latest Quarterly Report on Form 10-Q. The financial information contained in this press release should be read in conjunction with the consolidated financial statements and notes thereto included in Synopsys' most recent reports on Forms 10-K and 10-Q, each as may be amended from time to time. Synopsys' financial results for its fourth quarter and fiscal year 2024 are not necessarily indicative of Synopsys' operating results for any future periods. The information provided herein is as of December 4, 2024 . Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law. SYNOPSYS, INC. Unaudited Consolidated Statements of Income (1) (in thousands, except per share amounts) Three Months Ended Twelve Months Ended October 31, October 31, 2024 2023 2024 2023 Revenue: Time-based products $ 834,375 $ 780,725 $ 3,224,299 $ 3,016,256 Upfront products 520,939 441,494 1,802,222 1,400,125 Total products revenue 1,355,314 1,222,219 5,026,521 4,416,381 Maintenance and service 280,672 245,164 1,100,915 901,633 Total revenue 1,635,986 1,467,383 6,127,436 5,318,014 Cost of revenue: Products 216,485 197,540 770,238 697,686 Maintenance and service 91,707 76,043 367,055 287,876 Amortization of acquired intangible assets 66,831 12,598 107,996 45,281 Total cost of revenue 375,023 286,181 1,245,289 1,030,843 Gross margin 1,260,963 1,181,202 4,882,147 4,287,171 Operating expenses: Research and development 554,818 465,815 2,082,360 1,849,935 Sales and marketing 219,225 186,953 859,342 724,934 General and administrative 172,032 102,271 568,496 376,677 Amortization of acquired intangible assets 4,086 3,346 16,238 9,295 Restructuring charges — (1,348) — 53,091 Total operating expenses 950,161 757,037 3,526,436 3,013,932 Operating income 310,802 424,165 1,355,711 1,273,239 Interest and other income (expense), net 12,077 (20,400) 158,147 32,231 Income before income taxes 322,879 403,765 1,513,858 1,305,470 Provision (benefit) for income taxes 62,084 60,409 99,718 90,188 Net income from continuing operations 260,795 343,356 1,414,140 1,215,282 Income from discontinued operations, net of income taxes 834,825 3,139 821,670 2,843 Net income 1,095,620 346,495 2,235,810 1,218,125 Less: Net income (loss) attributed to non-controlling interest and redeemable non-controlling interest (18,486) (2,695) (27,570) (11,763) Net income attributed to Synopsys $ 1,114,106 $ 349,190 $ 2,263,380 $ 1,229,888 Net income attributed to Synopsys Continuing operations $ 279,281 $ 346,051 $ 1,441,710 $ 1,227,045 Discontinued operations 834,825 3,139 821,670 2,843 Net income $ 1,114,106 $ 349,190 $ 2,263,380 $ 1,229,888 Net income per share attributed to Synopsys - basic: Continuing operations $ 1.81 $ 2.28 $ 9.41 $ 8.06 Discontinued operations 5.43 0.02 5.37 0.02 Basic net income per share $ 7.24 $ 2.30 $ 14.78 $ 8.08 Net income per share attributed to Synopsys - diluted: Continuing operations $ 1.79 $ 2.23 $ 9.25 $ 7.91 Discontinued operations 5.35 0.03 5.26 0.01 Diluted net income per share $ 7.14 $ 2.26 $ 14.51 $ 7.92 Shares used in computing per share amounts: Basic 153,916 151,972 153,138 152,146 Diluted 155,991 154,845 155,944 155,195 (1) Synopsys' fourth quarter of fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. SYNOPSYS, INC. Unaudited Consolidated Balance Sheets (1) (in thousands, except par value amounts) October 31, 2024 October 31, 2023 ASSETS: Current assets: Cash and cash equivalents $ 3,896,532 $ 1,433,966 Short-term investments 153,869 151,639 Total cash, cash equivalents and short-term investments 4,050,401 1,585,605 Accounts receivable, net 934,470 856,660 Inventories 361,849 325,590 Prepaid and other current assets 1,122,946 548,115 Current assets of discontinued operations — 114,654 Total current assets 6,469,666 3,430,624 Property and equipment, net 563,006 549,837 Operating lease right-of-use assets, net 565,917 559,923 Goodwill 3,448,850 3,346,065 Intangible assets, net 195,164 239,577 Deferred income taxes 1,247,258 853,526 Other long-term assets 583,700 444,820 Long-term assets of discontinued operations — 908,759 Total assets $ 13,073,561 $ 10,333,131 LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS' EQUITY: Current liabilities: Accounts payable and accrued liabilities $ 1,163,592 $ 1,059,914 Operating lease liabilities 94,791 79,832 Deferred revenue 1,391,737 1,559,461 Current liabilities of discontinued operations — 286,244 Total current liabilities 2,650,120 2,985,451 Long-term operating lease liabilities 574,065 579,686 Long-term deferred revenue 340,831 150,827 Long-term debt 15,601 18,078 Other long-term liabilities 469,738 381,531 Long-term liabilities of discontinued operations — 33,257 Total liabilities 4,050,355 4,148,830 Redeemable non-controlling interest 30,000 31,043 Stockholders' equity: Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding — — Common stock, $0.01 par value: 400,000 shares authorized; 154,112 and 152,053 shares outstanding, respectively 1,541 1,521 Capital in excess of par value 1,211,206 1,276,152 Retained earnings 8,984,105 6,741,699 Treasury stock, at cost: 3,148 and 5,207 shares, respectively (1,025,770) (1,675,650) Accumulated other comprehensive income (loss) (180,380) (196,414) Total Synopsys stockholders' equity 8,990,702 6,147,308 Non-controlling interest 2,504 5,950 Total stockholders' equity 8,993,206 6,153,258 Total liabilities, redeemable non-controlling interest and stockholders' equity $ 13,073,561 $ 10,333,131 (1) Synopsys' fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. SYNOPSYS, INC. Unaudited Consolidated Statements of Cash Flows (1) (in thousands) Twelve Months Ended 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 2,235,810 $ 1,218,125 Adjustments to reconcile net income to net cash provided by operating activities: Amortization and depreciation 295,065 247,120 Reduction of operating lease right-of-use assets 97,273 97,705 Amortization of capitalized costs to obtain revenue contracts 73,587 82,190 Stock-based compensation 692,316 563,292 Allowance for credit losses 19,724 19,932 Gain on sale of strategic investments (55,077) — Gain on divestitures, net of transaction costs (868,830) — Amortization of bridge financing costs 33,677 — Deferred income taxes (407,649) (211,045) Other (1,295) 13,295 Net changes in operating assets and liabilities, net of effects from acquisitions and dispositions: Accounts receivable (103,460) (178,432) Inventories (51,449) (123,752) Prepaid and other current assets (410,432) (106,396) Other long-term assets (168,255) (100,618) Accounts payable and accrued liabilities 187,564 170,496 Operating lease liabilities (96,966) (73,281) Income taxes (73,215) 198,078 Deferred revenue 8,641 (113,435) Net cash provided by operating activities 1,407,029 1,703,274 CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from maturities and sales of short-term investments 138,961 130,435 Purchases of short-term investments (136,821) (131,079) Proceeds from sales of strategic investments 55,696 8,492 Purchases of strategic investments (1,293) (435) Purchases of property and equipment, net (123,161) (189,618) Acquisitions, net of cash acquired (156,947) (297,692) Proceeds from business divestiture, net of cash divested 1,446,578 — Capitalization of software development costs — (2,204) Net cash provided by (used in) investing activities 1,223,013 (482,101) CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of debt (2,607) (2,603) Payment of bridge financing and term loan costs (72,265) — Issuances of common stock 232,212 252,986 Payments for taxes related to net share settlement of equity awards (337,541) (241,408) Purchase of equity forward contract — (45,000) Purchases of treasury stock — (1,160,724) Other (1,096) (122) Net cash used in financing activities (181,297) (1,196,871) Effect of exchange rate changes on cash, cash equivalents and restricted cash 8,797 (2,979) Net change in cash, cash equivalents and restricted cash 2,457,542 21,323 Cash, cash equivalents and restricted cash, beginning of year, including cash from discontinued operations 1,441,187 1,419,864 Cash, cash equivalents and restricted cash, end of period, including cash from discontinued operations 3,898,729 1,441,187 Less: Cash, cash equivalents and restricted cash from discontinued operations — 4,947 Cash, cash equivalents and restricted cash from continuing operations $ 3,898,729 $ 1,436,240 (1) Synopsys' fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. Synopsys provides segment information, namely revenue, adjusted segment operating income and adjusted segment operating margin, in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 280, Segment Reporting. Synopsys' chief operating decision maker (" CODM ") is our Chief Executive Officer. In evaluating our business segments, the CODM considers the income and expenses that the CODM believes are directly related to those segments. The CODM does not allocate certain operating expenses managed at a consolidated level to our business segments and, as a result, the reported operating income and operating margin do not include these unallocated expenses as shown in the table below. These unallocated expenses are presented in the table below to provide a reconciliation of the total adjusted operating income from segments to our consolidated operating income from continuing operations: SYNOPSYS, INC. Business Segment Reporting (1)(2)(5) (in millions) Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Twelve Months Ended October 31, 2024 Twelve Months Ended October 31, 2023 Revenue by segment - Design Automation $ 1,118.2 $ 953.7 $ 4,221.1 $ 3,775.3 % of Total 68.3 % 65.0 % 68.9 % 71.0 % - Design IP $ 517.8 $ 513.7 $ 1,906.3 $ 1,542.7 % of Total 31.7 % 35.0 % 31.1 % 29.0 % Adjusted operating income by segment - Design Automation $ 413.3 $ 311.1 $ 1,631.9 $ 1,413.9 - Design IP $ 189.9 $ 236.4 $ 730.2 $ 514.1 Adjusted operating margin by segment - Design Automation 37.0 % 32.6 % 38.7 % 37.5 % - Design IP 36.7 % 46.0 % 38.3 % 33.3 % Total Adjusted Segment Operating Income Reconciliation (1)(2)(5) (in millions) Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Twelve Months Ended October 31, 2024 Twelve Months Ended October 31, 2023 GAAP total operating income – as reported $ 310.8 $ 424.2 $ 1,355.7 $ 1,273.2 Other expenses managed at consolidated level -Amortization of acquired intangible assets (3) 70.9 15.9 124.2 54.6 -Stock-based compensation (3) 165.4 128.6 657.9 513.1 -Non-qualified deferred compensation plan 9.2 (23.9) 85.4 20.2 -Acquisition/divestiture related items (4) 47.0 4.0 138.7 13.8 -Restructuring charges — (1.3) — 53.1 Total adjusted segment operating income $ 603.2 $ 547.5 $ 2,362.1 $ 1,928.0 (1) Synopsys manages the business on a long-term, annual basis, and considers quarterly fluctuations of revenue and profitability as normal elements of our business. Amounts may not foot due to rounding. (2) Synopsys' fourth quarter of fiscal year 2024 and 2023 ended on November 2, 2024 and October 28, 2023, respectively. For presentation purposes, we refer to the closest calendar month end. Fiscal year 2024 was a 53-week year, which included an extra week in the first quarter. (3) The adjustment includes non-GAAP expenses attributable to non-controlling interest and redeemable non-controlling interest. (4) The adjustment excludes the amortization of bridge financing costs entered into in connection with the pending acquisition of Ansys, that was recorded in interest and other income (expense), net, in our unaudited condensed consolidated statements of income. (5) Presented on a continuing operations basis. GAAP to Non-GAAP Reconciliation Synopsys continues to provide all information required in accordance with GAAP but acknowledges evaluating its ongoing operating results may not be as useful if an investor is limited to reviewing only GAAP financial measures. Accordingly, Synopsys presents non-GAAP financial measures in reporting its financial results to provide investors with an additional tool to evaluate Synopsys' operating results in a manner that focuses on what Synopsys believes to be its core business operations and what Synopsys uses to evaluate its business operations and for internal budgeting and resource allocation purposes. This press release includes non-GAAP earnings per diluted share, non-GAAP net income and non-GAAP tax rate for the periods presented. It also includes future estimates for non-GAAP expenses, non-GAAP interest and other income (expense), non-GAAP tax rate, non-GAAP earnings per diluted share and free cash flow. These non-GAAP financial measures may be different from non-GAAP financial measures used by other companies. When possible, Synopsys provides a reconciliation of non-GAAP financial measures to their most closely applicable GAAP financial measures. Synopsys is unable to provide a full reconciliation of certain first quarter and full fiscal year 2025 non-GAAP financial targets to the corresponding GAAP financial measures on a forward-looking basis because Synopsys believes that it would not be possible for it to have the required information necessary to quantitatively reconcile such measures with sufficient precision without unreasonable efforts due to, among other things, the potential variability and limited predictability of the excluded adjustment items necessary for a full reconciliation such as certain acquisition/divestiture related items, restructuring charges, tax deduction variability, changes in the fair value of non-qualified deferred compensation plan, and gains (losses) on the sale of strategic investments. For the same reasons, Synopsys is unable to address the probable significance of the unavailable information. Synopsys' management does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures in isolation from, as superior to, or as a substitute for, financial information prepared in accordance with GAAP. These non-GAAP financial measures are meant to supplement, and be viewed in conjunction with, the corresponding GAAP financial measures. Synopsys' management believes presentation of non-GAAP financial measures, when shown in conjunction with the corresponding GAAP financial measures, provides useful information to investors allowing them to view financial and business trends relating to our financial condition and results of operations through the eyes of management. Synopsys' management evaluates and makes decisions about our business operations using both GAAP financial measures and non-GAAP financial measures to help facilitate internal comparisons to Synopsys' historical operating results and forecasted targets, planning and forecasting in subsequent periods and comparisons to competitors' operating results. The following are descriptions of the adjustments made to reconcile non-GAAP financial measures (other than free cash flow, which is defined in the footnote to the Financial Targets table above) to the most directly comparable GAAP financial measures: (i) Amortization of acquired intangible assets. We incur expenses from amortization of acquired intangible assets, which may include impairment charges from write-downs of acquired intangible assets. Acquired intangible assets include, among other things, core/developed technology, customer relationships, contract rights, trademarks and trade names, and other intangibles related to acquisitions. We amortize the intangible assets over their estimated useful lives. We do not enter into acquisitions on a predictable cycle. The amount of an acquisition's purchase price allocated to intangible assets and their estimated useful lives can vary significantly and are unique to each acquisition. From time to time, we incur impairment charges due to write-downs of acquired intangible assets. We believe that the presentation of non-GAAP financial measures that adjust for the amortization of intangible assets, including impairment charges, provides investors and others with a consistent basis for comparison across accounting periods. We also exclude this item because such expenses are non-cash in nature and we believe the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding our core operational performance and liquidity, and ability to invest in research and development and fund future acquisitions and capital expenditures. (ii) Stock-based compensation . Stock-based compensation expenses consist primarily of expenses related to restricted stock units, stock options, employee stock purchase rights and other stock awards, including such expenses associated with acquisitions. We exclude stock-based compensation expense from our non-GAAP financial measures primarily because it is not an expense that typically requires or will require cash settlement by us. Further, the expense for the fair value of the stock-based instruments we utilize may bear little resemblance to the actual value realized upon the vesting or future exercise of the related stock-based awards and, therefore, is not used by management to assess the core profitability of our business operations. (iii) Acquisition/divestiture related items. In connection with certain of our business combinations and/or divestitures, we incur significant expenses that we would not have otherwise incurred as part of our business operations. These expenses include, among other things, compensation expenses, professional fees and other direct expenses, concurrent restructuring activities and divestiture activities, including employee severance and other exit costs, bridge financing costs, costs related to integration activities, changes to the fair value of contingent consideration related to the acquired company, and amortization of the fair value difference of below-market value assets arising from arrangements entered into or acquired in conjunction with an acquisition. We also recognize the gains and losses from the mark-up of equity or cost method investments to fair value upon obtaining control through acquisition. We exclude these items because they are related to acquisitions and have no direct correlation to the core operation of our business. Further, because we do not acquire businesses on a predictable cycle and the terms of each transaction can vary significantly and are unique to each transaction, we believe it is useful to exclude such expenses when looking for a consistent basis for comparison across accounting periods. (iv) Restructuring charges. We initiate restructuring activities to align our costs to our operating plans and business strategies based on then-current economic conditions, and such activities have a specific and defined term. Restructuring costs generally include severance and other termination benefits related to voluntary retirement programs, involuntary headcount reductions and facilities closures. Such restructuring costs include elimination of operational redundancy, permanent reductions in workforce and facilities closures and, therefore, are not considered by us to be a part of the core operation of our business and are not used by management when assessing the core profitability and performance of our business operations. (v) Gains (losses) on the sale of strategic investments. We exclude gains and losses on the sale of equity investments in privately held companies because we do not believe they are reflective of our core business and operating results. (vi) Deferred compensation . We exclude changes in the fair value of our non-qualified deferred compensation plan because we do not use these to assess the core profitability of our business operations. (vii) Income tax effect of non-GAAP pre-tax adjustments . Excluding the income tax effect of non-GAAP pre-tax adjustments from the provision for income taxes assists investors in understanding the tax provision associated with those adjustments and the effect on net income. We utilize an annual non-GAAP tax rate in calculating non-GAAP financial measures to provide better consistency across interim reporting periods by eliminating the effects of certain non-recurring and other period-specific items, which can vary in size and frequency and do not necessarily reflect our normal operations, and to more closely align our tax rate with our expected geographic earnings mix. This annual non-GAAP tax rate is based on an evaluation of our historical and projected mix of U.S. and international profit before tax, taking into account the impact of non-GAAP adjustments, U.S. tax law changes, as well as other factors such as our current tax structure, existing tax positions and expected recurring tax incentives. Based on these considerations, we have elected to adopt a non-GAAP tax rate of 16% for fiscal year 2025. INVESTOR CONTACT : Trey Campbell Synopsys, Inc. 650-584-4289 Synopsys-ir@synopsys.com EDITORIAL CONTACT : Cara Walker Synopsys, Inc. 650-584-5000 corp-pr@synopsys.com View original content to download multimedia: https://www.prnewswire.com/news-releases/synopsys-posts-financial-results-for-fourth-quarter-and-fiscal-year-2024-302322901.html SOURCE Synopsys, Inc.Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fuels expectations that his administration will usher in a friendly regulatory environment for cryptocurrencies. The world's largest cryptocurrency was last up 3% at $101,000. Since Trump's win on November 5, the price has surged around 45%, driven by a swathe of buying that has poured capital into U.S. bitcoin-backed exchange-traded funds. Comments: Justin D' Anethan, independent crypto analyst, Hong Kong: Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. 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The figure not that long ago dismissed as fantasy, stands as a reality. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Institutional adoption is evident, as seen by the increased volume on the CME, ETFs (exchange traded funds), and derivatives markets during U.S. hours. Essentially, funds now need to either get involved or risk standing on the sidelines while more gutsy competitors potentially outperform." Bobby Ong, cofounder, Coingecko, Kuala Lumpur: "Bitcoin reaching the $100,000 milestone marks a significant moment for the cryptocurrency market , reflecting its growing maturity and mainstream adoption. "The psychological importance of $100,000 is also attracting new investors and driving market sentiment. This rally demonstrates Bitcoin's position as a leading financial innovation, solidifying its reputation as a digital store of value and a hedge against traditional economic uncertainties. "It also underscores the growing acceptance of cryptocurrencies as a legitimate asset class." Shane Oliver, chief economist and head of investment strategy, AMP, Sydney: "As time goes by it's proving itself as part of the financial landscape, slotting in more as a store of value as opposed to a regular asset you can value on the basis of things it produces, like shares. Ray Attrill, head of Fx Research "It's the ultimate speculative asset, isn't it. "I wasn't surprised ... it was probably the cleanest 'Trump trade'. Just from a regulatory point of view and the concept of a much more easily traded asset, it's justified its run up, though it's now taken on a life of its own. "The test will be if we do have a big puke in risk sentiment at some point, and we start to see a major stock market correction. Where does crypto sit in that? I don't know the answer." RICHARD TENG, CHIEF EXECUTIVE OFFICER, BINANCE, DUBAI: "Almost 16 years since its first block was mined in 2009, bitcoin has reached the landmark milestone of $100K per coin, placing the asset at a total market capitalisation of $2.1 trillion. "This also places bitcoin firmly on the very short list of just seven assets or companies that have achieved more than 2 trillion dollars in market capitalisation, the rest being gold and tech giants NVIDIA, Apple, Microsoft, Alphabet (Google), and Amazon. "With talks of a U.S. Strategic Bitcoin reserve and more companies adding bitcoin to their corporate treasuries, we are on the precipice of true mainstream global adoption." Jean-Baptiste Graftieaux , CEO, Bitstamp, Luxembourg: "Bitcoin reaching $100,000 is a watershed moment, highlighting its resilience after a challenging few years. Despite shifts in the political and regulatory landscape, bitcoin has proven its staying power. "This milestone reflects the growing maturity of the crypto market, as traditional financial institutions and retail customers increasingly embrace digital assets. Looking ahead, we anticipate broader integration of crypto into retail, professional and institutional holdings and pensions, coupled with a more diverse range of trading services and instruments, mirroring the evolution of traditional finance."
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Mokshada Ekadashi is a highly significant day for devotees, dedicated to the worship of Lord Vishnu. On this sacred occasion, many followers observe a strict fast, offer prayers to Shri Hari, and visit temples to seek his blessings. Mokshada Ekadashi falls on the Ekadashi Tithi of the Shukla Paksha in the month of Margashirsha. This year, the auspicious day will be celebrated on December 11, 2024. Mokshada Ekadashi 2024 : Date and Time Ekadashi Tithi Begins - December 11, 2024 - 03:42 AM Ekadashi Tithi Ends - December 12, 2024 - 01:09 AM Parana Time - December 12, 2024 - 07:04 AM to 09:08 AM Parana Day Dwadashi End Moment - December 12, 2024 - 10:26 PM Mokshada Ekadashi 2024: Significance There are 24 Ekadashi observances throughout the year, with Ekadashi occurring twice a month during both the Shukla Paksha and Krishna Paksha. This time, Mokshada Ekadashi will fall in the month of Margashirsha during Shukla Paksha. As the name suggests, Mokshada Ekadashi is believed to grant salvation, liberating devotees from the cycle of birth and death. Worshipping Lord Vishnu on Ekadashi is highly auspicious. Devotees who offer their prayers to Bhagwan Vishnu are blessed with peace, prosperity, and all the pleasures of life. He fulfills their deepest desires. Mokshada Ekadashi, in particular, holds the ultimate goal of achieving salvation. Those who observe a fast on this day are believed to be cleansed of their past misdeeds and are granted a place in Lord Vishnu's eternal abode, Vaikuntha Dham. 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Clean your house and puja room. Place an idol of Lord Vishnu, Lord Krishna, and Laddoo Gopal Ji, and give them a ritual bath. If you don't have an idol, place a photo of Lord Vishnu on a wooden plank along with a Shree Yantra. Light a lamp with desi ghee in front of the idol and offer Tulsi leaves. Offer a garland, sweets, fruits, and items like paan, laung, elaichi, and supari. Chant mantras associated with Lord Vishnu to invoke his presence. Recite the Vishnu Sahasranama and the Shree Hari Stotram. In the evening, offer prayers to Lord Vishnu again and narrate the story associated with the day. Chant Lord Vishnu's aarti and seek his blessings. You can break your fast with fruits and consume healthy drinks like fresh juice or coconut water. For those who are unable to observe a strict fast, they may consume food allowed for fasting. Those who fast strictly should break their fast the following day on Dwadashi Tithi during the Parana time. Mantra 1. Om Namo Bhagvate Vasudevaye..!! 2. Achyutam Keshvam Krishna Damodaram Ram Narayanam Jaanki Vallabham..!! 3. Hare Ram Hare Ram Ram Ram Hare Hare Hare Krishna Hare Krishna Krishna Krishna Hare Hare..!! 4. Ram Ram Raameti Rame Raame Manorame Sahasranama Tatulyam Ram Naam Varanane..!! (You can now subscribe to our Economic Times WhatsApp channel )Comedian Bill Maher, host of , revealed in a podcast recorded before the election that he “may quit” because of a second Trump presidency. He told actress Jane Fonda during the Club Random podcast, which noted the conversation took place at least a month ago, that he was “bored” by President-elect Donald Trump. “I’m shi**ing my pants,” Maher said. “It’s hard to believe.” “I mean, I may quit,” Maher continued. “Because I don’t wanna do another — I did Trump. I did all the Trump stuff before anybody. I called him a con man before anybody. I did, ‘he’s a mafia boss.’ I was the one who said he wasn’t gonna concede the election. I’ve done it.” Maher added that he’s “seen this f***ing s-” before Fonda questioned whether Trump had been hostile to the comedian. “He’s very hostile to me. He tweets about me every week,” Maher said. Toward the end of September, Trump posted on social media platform Truth Social that he marveled at “fake laughter” whenever he watched “Low Rated Bill Maher.” Eight days earlier, Trump wrote “the ratings challenged Bill Maher, on his increasingly boring show on HBO, is really having a hard time coping with TRUMP DERANGEMENT SYNDROME.” “Every week, he accidentally watches my show and then, ‘low ratings loser,’ ” Maher said, apparently imitating Trump’s voice. “But, I mean, I just, I’m bored with it.” Fonda then suggested the comedian “find a new thing to do and not do Trump,” to which Maher replied that there’s “no other thing” since focuses on politics. “And he’s gonna dominate the news like he always does,” Maher said.
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— Two-thirds of Boyce's municipal employees will receive Christmas bonuses this year. The other third won't get jealous, though. That person — yes, person — isn't on the payroll yet. As a town with only about 750 residents, Boyce has just three employees. One of the positions has been vacant for months. That plays into why the Town Council voted Tuesday night to give the two current staff members a little more compensation. Town Administrator Matt Hoff will receive a $500 bonus, while Treasurer John O'Neill will get a $250 reward. "It's been a very busy year for the town of Boyce," said Councilwoman Berkeley Reynolds. The code compliance inspector position has been vacant since April. Hoff basically has been doing that job alongside his regular duties, Reynolds said. Since his hiring last summer, O'Neill has "worked diligently" to improve the town's financial reporting, Councilman Floyd Hudson asserted. All three positions are part-time and require little, if any, previous government experience. O'Neill, who's officially retired, has previously worked in finance for other small localities, officials have said. "He's a real asset to this town," Hudson added. Among the code inspector's duties are looking into reports of property maintenance violations, issuing warnings or citations, taking violators to court when needed and preparing a monthly report for the council. The job is for 10 hours per week at $17.88 per hour. None of the few people who've interviewed for the job already have taken it. The council plans to privately interview two more applicants during a special meeting Dec. 16. In another matter, the council is exploring how to resolve complaints it's received from several Boyce residents about a house on Whiting Avenue. Mayor Zack Hudson described the property as unsightly. He declined to elaborate because the town's code doesn't specifically address what the complaints were about. Town officials have consulted with attorney David Griffin, Clarke County Sheriff Travis Sumption and county zoning officials. They've determined "there's nothing at this time we can enforce," Zack Hudson said. Council members aim to get the Boyce Planning Commission's insight into whether some code changes are necessary. Also, the council: • Appointed Trisha Saldana to the planning commission. Hudson mentioned the recent appointment of Bob Garlitz to that panel. • Announced that the first "Pancakes & Pajamas Holiday Breakfast" will be held from 8-10 a.m. — or until the food runs out — Dec. 14 in the social hall at Boyce Volunteer Fire and Rescue Company. The menu will include pancakes, sausage, scrambled eggs and hash brown casserole. Milk, butter and orange juice are being donated by Mercer Vu Farms. For the past few years, the town has hosted a free Christmas dinner for residents. But each dinner has attracted only about 50 people. A breakfast is being tried this year to see if it will attract more.
Moldova Digital AgeDetroit Mayor Mike Duggan, a longtime Democrat, announced Wednesday that he is launching an independent bid for the governor’s mansion in Michigan. Duggan announced his gubernatorial bid on Wednesday in a video statement . The Detroit mayor is the first candidate to officially announce their bid to replace Democratic Gov. Gretchen Whitmer, who is term-limited and ineligible to seek a third term, according to Politico. “I’m not running to be the Democrats’ governor or the Republicans’ governor,” Duggan said in the video. “I’m running to be your governor.” (Photo by Scott Olson/Getty Images) “What would happen if we upended the system and gave Michigan voters a new choice,” Duggan asked in the video. “A governor who didn’t run as a candidate of either party, who went to work every day with no goal, except to get people to work together for all of Michigan.” Duggan first ran for office in 2013, and is the second-longest serving mayor in Detroit’s history, according to his office’s website. Duggan won re-election in November 2017, defeating Coleman A. Young II, according to the Detroit Free Press. Duggan won his third mayoral term in November 2021, winning against Anthony Adams, the Detroit Free Press reported . (RELATED: Embattled Oakland Dem Mayor Sheng Thao Recalled In Landslide) “The current system forces people to choose sides, not find solutions, I want to see if I can change that,” Duggan added in the video. The Mayor’s office did not immediately respond to a request for comment from the Daily Caller News Foundation. All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org .
Planet Reports Financial Results for Third Quarter of Fiscal Year 2025SANTA CLARA, Calif. (AP) — After three straight losses, including , the San Francisco 49ers needed a get-right game. The Chicago Bears helped provide just that. Brock Purdy carved up Chicago's defense to lead San Francisco to its best offensive output of the season and the defense dominated the Bears in a Sunday that looked a lot more like the team that went to the Super Bowl last season than the one that has struggled in 2024. “I think just the biggest thing was just getting some energy and momentum,” Purdy said. “This league is hard. It’s tough. If you don’t have momentum or energy and belief within a building, it can be really tough.” The problem for San Francisco (6-7) is it might be too late to salvage its playoff hopes. to division rivals and the lopsided losses and the previous two weeks leave the Niners two games out of the playoffs with only four games to go. They might need to win out to get back to the postseason for a fourth straight season, and even then they could need some help because their three division losses will make it tough to win any tiebreakers in the tightly packed NFC West. “If we win every single game, I think we’ve put ourselves in a very good position to either win the division or somehow sneak our way into playoff contention,” tight end George Kittle said. “I thought everyone’s focused on this one week. ... Forget the whole season whether you’ve played like crap the entire season, whether you’ve had missed opportunities, or whether you have a bunch of touchdowns. Whatever it is, flush all that and just focus on this one game.” Big plays. The Niners repeatedly gashed the Bears for big plays as the passing game looked as good as it has all season. Purdy had eight completions go for at least 20 yards — tied for the most in any game for the 49ers since at least 1991 — with Kittle catching four of them, Isaac Guerendo two and one each for Deebo Samuel and Jauan Jennings. Kickoffs. Jake Moody attempted two line-drive kicks as San Francisco tried to pin Chicago deep instead of allowing a touchback. But both kicks landed shy of the landing zone at the 20, giving the Bears the ball at the 40. DL Yetur Gross-Matos. The Niners have been struggling to generate a pass rush with Nick Bosa sidelined, but Gross-Matos made a big impact on Sunday. He had a career-high three sacks in the game after coming into the game with just one this season. S Ji'Ayir Brown. The second-year safety lost his starting job with the return of Talanoa Hufanga from a wrist injury. Brown played 15 defensive snaps in a spot role and was beat on a TD pass to Rome Odunze in his limited action. Guerendo has a sprained foot and will be evaluated later this week to see if he can play. ... OL Ben Bartch will likely go on IR after suffering a high ankle sprain Sunday. ... LB Dre Greenlaw could return this week for the first time since tearing his Achilles tendon in the Super Bowl. ... DL Nick Bosa (hip, oblique) and LT Trent Williams (ankle) will be evaluated this week but there is no timeline on when they will return. ... LG Aaron Banks cleared the concussion protocol and should play this week. ... LB Dee Winters (ankle), S Malik Mustapha (chest, shoulder) and LB Demetrius Flannigan-Fowles are day-to-day. 305 — The 49ers outgained the Bears by 305 yards in the first half for the ninth best advantage in a first half since at least 1991. The 319 yards for San Francisco were the most by any team in a first half this season and the 4 yards allowed were the fewest. The 49ers host the Los Angeles Rams on Thursday night. AP NFL:
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