Abercrombie & Fitch's EVP sells $880,070 in stock

Jonah Goldberg: What if most Americans aren't bitterly divided?From Ivy League to Infamy: The Luigi Mangione Story

Sunday Swingers Noah Wheeler 751 269 Meri Waldron 597 205 4 O’clock Scholars (2 Games) Kam Todd 403 237 Kathy Scalesse 343 174 Queens & Knights Don McGill 667 246 Sami Strehle-Cuevas 602 224 Brunswick Classic Jake Klemsen 754 280 Crista Vicars 730 280 Bowlerettes Cindi Smith 571 241 Hilander Seniors Chuck Miller 656 254 Gloria Schoenwald 483 173 Funtimes Tyler Lovgren 588 222 Harley Strine 459 154 NightHawks Curt Glover 703 279 Kendra Sears 535 194 Wed Mourners Shirron Eddy 543 222 Bowling Bags Joy McGill 483 204 Jackpot Classic Larry Nugent 701 256 Rita Trotter 585 215 Swinging Seniors Bob Nugent 708 245 Joy McGill 547 213 Working Girls Trios Melvina Hudgin 556 203 Ten Grand Travis Malakowsky 739 289 Sami Strehle-Cuevas 651 231 Grandmas Darlene Brown 439 168 Bowlers Anonymous Joe Bernard 733 269 Shawanna Peterson 521 178 Happy Hour Tyrelle Brunelle 766 279 BreAnn Hollis 490 173 Pee-Wees (2 games) Oliver Buccola 180 104 Scarlett Lengyel 173 94 Bantams (2 games) Champ Little 256 154 Kodilyn Smith 136 72 Preps Jaydyn Phillips 413 151 Maggie Friend 368 133 Junior-Majors Danny Chalmers 738 299 Zoey Jason 617 231 Sent weekly directly to your inbox! {{description}} Email notifications are only sent once a day, and only if there are new matching items.76ers center Joel Embiid sidelined due to swelling in his left knee and will miss two games PHILADELPHIA (AP) — The Philadelphia 76ers say center Joel Embiid is managing swelling in his left knee and will miss a second consecutive game Sunday. The Sixers issued a statement on the condition of the 2023 NBA MVP at halftime of Friday’s NBA Cup game against the Brooklyn Nets, saying the decision to sideline Embiid was made along with the team’s medical staff. Embiid was ruled out prior to Friday’s game against the Nets due to what the team described as left knee injury maintenance. The Sixers host the Los Angeles Clippers on Sunday. Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Austin Hays, Kyle Finnegan, Brendan Rodgers and Jordan Romano among 62 new free agents NEW YORK (AP) — Outfielder Austin Hays, right-hander Kyle Finnegan and second baseman Brendan Rodgers were among 62 players who became free agents when their teams failed to offer 2025 contracts. Right-hander Jordan Romano, left-hander Patrick Sandoval and outfielders Michael Tauchman and Ramón Laureano also were among the players cut loose, many of whom would have been eligible for salary arbitration. Washington cut right-hander Tanner Rainey, its last remaining player from the 2019 World Series champions. Finnegan and Hays are former All-Stars. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Russell puts Mercedes on pole at Las Vegas and Verstappen nips Norris in championship battle LAS VEGAS (AP) — George Russell put Mercedes on the pole for the Las Vegas Grand Prix in an upset over teammate Lewis Hamilton. Hamilton was fastest in the first two practice sessions with Russell fastest in Friday night’s third and final session. But come qualifying, Hamilton made two mistakes in the final group and wound up a distant 10th. Carlos Sainz Jr. and Charles Leclerc seemed to sweep the front row until Russell’s late lap pushed Sainz to second. Pierre Gasly slid into third, and Leclerc wound up fourth. Championship leader Max Verstappen of Red Bull qualified fifth for Saturday night's race. Verstappen needs only to score three points more than challenger Lando Norris to win his fourth straight world championship. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. Chase Elliott named NASCAR's most popular driver for 7th straight season CHARLOTTE, N.C. (AP) — Chase Elliott has been named NASCAR's most popular driver for the seventh straight year. He was announced Friday at NASCAR's annual season-ending awards ceremony. It's the only major NASCAR award determined solely by the vote of race fans. Elliott beat out Hendrick Motorsports teammate Kyle Larson and Team Penske’s Ryan Blaney, per results released by the National Motorsports Press Association. Bill Elliott, Chase's father who is nicknamed “Awesome Bill from Dawsonville,” was named NASCAR’s most popular driver a record 16 times before removing his name from the ballot. Either an Elliott or Earnhardt has won NASCAR’s most popular driver award for 34 consecutive years. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” US ski star Shiffrin leads World Cup slalom after 1st run and closes in on career win No. 99 GURGL, Austria (AP) — Mikaela Shiffrin closed in on what would be the American ski star’s career win No. 99 by setting the pace in the opening run of a women’s World Cup slalom. Shiffrin wasn’t clean going into the steep of the Kirchenkar course but gained time on all competitors with a near-flawless finish section. Wendy Holdener was fastest at the first two splits and the Swiss racer trailed Shiffrin by 0.13 seconds at the finish. Shiffrin says she was feeling "a little bit funky on some spots.” A victory would give Shiffrin five chances to compete for win No. 100 during a North American sweep of the World Cup starting next week. Brock Purdy will miss Sunday's game for the 49ers with a shoulder injury SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday’s game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday’s loss to the Seattle Seahawks. Purdy underwent an MRI that showed no structural damage but the shoulder didn’t improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision.Lara Trump will step down as co-chair of the Republican National Committee as she considers a number of potential options with her father-in-law, President-elect Donald Trump , set to return to the White House. Among those possibilities is replacing Florida Sen. Marco Rubio , whom Trump tapped to be the next secretary of state. If Rubio is confirmed, his replacement — who would be chosen by Florida Gov. Ron DeSantis — would serve for two years until the next regularly scheduled election in 2026, at which point the seat would be up for election again. “It is something I would seriously consider,” Lara Trump told The Associated Press in an interview. “If I’m being completely transparent, I don’t know exactly what that would look like. And I certainly want to get all of the information possible if that is something that’s real for me. But yeah, I would 100% consider it.” Elected as RNC co-chair in March, Lara Trump was a key player in the Republicans retaking the White House and control of the Senate while maintaining a narrow House majority. What she does next could shape Republican politics, given her elevated political profile and her ties to the incoming president. The idea of placing a Trump family member in the Senate has been lauded in some Republican circles. Among the people pushing for her to replace Rubio is Maye Musk, mother of Tesla and SpaceX CEO Elon Musk . “The Senate is an old man’s club. We desperately need a smart, young, outspoken woman who will reveal their secrets,” she posted on X. Lara Trump is 42. Elon Musk, who was with Lara Trump on election night at Trump’s Mar-a-Lago estate in Florida, responded to his mother’s post: “Lara Trump is genuinely great.” Led by chairman Michael Whatley and Lara Trump, the RNC invested heavily in recruiting roughly 230,000 volunteers and an army of lawyers for what it called its “election integrity” effort, four years after Donald Trump lost his reelection bid to Democrat Joe Biden, citing false or unproven theories about voter fraud. Outside groups such as Turning Point Action and Musk’s America PAC took a greater responsibility for advertising and get-out-the-vote efforts. While Whatley will remain RNC chairman, Lara Trump said she felt she had accomplished her goals in the co-chair role. “With that big win, I kind of feel like my time is up,” she said. “What I intended to do has been done.” President-elect Donald Trump endorsed RNC Treasurer KC Crosbie to replace Lara Trump as co-chair of the committee on Monday. “As Treasurer, she helped the RNC smash every fundraising record in History, and fortified our Party’s financial foundation. KC has been with me from the very beginning, helping REAL Republicans get elected across the Country, and would be a tremendous Co-Chair of the RNC!” President-elect Trump wrote on Truth Social. Lara Trump praised Musk’s new endeavor, the Department of Government Efficiency, or DOGE , a nongovernmental task force headed by Musk and and fellow entrepreneur Vivek Ramaswamy . They’ve been tapped to fire federal workers , cut programs and slash federal regulations as part of Trump’s “Save America” agenda for his second term. “I really don’t think we’ve seen movement like this in our federal government since our country’s founding in many ways,” she said. “And I think if they are successful in what they plan to do, I think it is going to be transformative to America in a great way.” She said she expects a different presidency this time, beginning with the structure of the administration: While Trump’s daughter Ivanka and son-in-law Jared Kushner served as White House advisers in his last administration, Lara Trump said she doesn’t see any family member taking any position in the White House this time around with her father-in-law. “He really wants to get in there and do a good job for the four years, and that’s all he wants to serve,” she said. “Four years, and he’s out.” Lara Trump also says she expects the Republican Party to be more unified than it has ever been. When she became co-chair in May, the Trump campaign and the RNC merged, with staffers fired and positions restructured. She said the result could spell trouble for GOP lawmakers who do not agree with Trump’s agenda. “The whole party has totally shifted and totally changed,” she said. “I think people are feeling a little more bold in coming out with their political views.” ___ This story has been corrected to clarify that Rubio’s Senate seat would be filled until 2026 when an election would be held for the seat. ___ Linderman reported from Baltimore and Mendoza from Santa Cruz, California. Juliet Linderman And Martha Mendoza, The Associated PressWASHINGTON (AP) — One year after the Jan. 6, 2021, U.S. Capitol attack, Attorney General Merrick Garland said the Justice Department was committed to holding accountable all perpetrators “at any level” for “the assault on our democracy.” That bold declaration won’t apply to at least one person: Donald Trump. Special counsel Jack Smith’s move on Monday to abandon the against Trump means jurors will likely never decide whether the president-elect is criminally responsible for his attempts to cling to power after losing the 2020 campaign. The decision to walk away from the election charges and the separate against Trump marks an abrupt end of the Justice Department’s unprecedented legal effort that once threatened his liberty but appears only to have galvanized his supporters. The abandonment of the cases accusing Trump of endangering American democracy and national security does away with the most serious legal threats he was facing as he returns to the White House. It was the culmination of a monthslong defense effort to delay the proceedings at every step and use the criminal allegations to Trump’s political advantage, putting the final word in the hands of voters instead of jurors. “We always knew that the rich and powerful had an advantage, but I don’t think we would have ever believed that somebody could walk away from everything,” said Stephen Saltzburg, a George Washington University law professor and former Justice Department official. “If there ever was a Teflon defendant, that’s Donald Trump.” While prosecutors left the door open to the possibility that federal charges could be re-filed against Trump after he leaves office, that seems unlikely. Meanwhile, Trump’s presidential victory has thrown into question the future of the two state criminal cases against him in New York and Georgia. Trump was supposed to be sentenced on Tuesday after his , but it’s possible the sentencing could be delayed until after Trump leaves office, and the defense is pushing to dismiss the case altogether. Smith’s team stressed that their decision to abandon the federal cases was not a reflection of the merit of the charges, but an acknowledgement that they could not move forward under longstanding Justice Department policy that says sitting presidents cannot face Trump’s presidential victory set “at odds two fundamental and compelling national interests: On the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law,” prosecutors wrote in court papers. The move just weeks after Trump’s victory over Vice President Kamala Harris underscores the immense personal stake Trump had in the campaign in which he turned his legal woes into a political rallying cry. Trump accused prosecutors of bringing the charges in a bid to keep him out of the White House, and he promised revenge on his perceived enemies if he won a second term. “If Donald J. Trump had lost an election, he may very well have spent the rest of his life in prison,” Vice President-elect JD Vance, wrote in a social media post on Monday. “These prosecutions were always political. Now it’s time to ensure what happened to President Trump never happens in this country again.” After the Jan. 6 attack by Trump supporters that left more than 100 police officers injured, Republican leader Mitch McConnell and several other Republicans said it was up to the justice system to hold Trump accountable. The Jan. 6 case brought last year in Washington alleged an increasingly desperate criminal conspiracy to subvert the will of voters after Trump’s 2020 loss, accusing Trump of using the angry mob of supporters that attacked the Capitol as “a tool” in his campaign to pressure then-Vice President and obstruct the certification of Democrat Joe Biden’s victory. Hundreds of Jan. 6 rioters — many of whom have said they felt called to Washington by Trump — have pleaded guilty or been convicted by juries of federal charges at the same courthouse where Trump was supposed to stand trial last year. As the trial date neared, officials at the courthouse that sits within view of the Capitol were busy making plans for the crush of reporters expected to cover the historic case. But Trump’s argument that he from prosecution quickly tied up the case in appeals all the way up to the Supreme Court. The high court ruled in July that , and sent the case back to the trial court to decide which allegations could move forward. But the case was dismissed before the trial court could got a chance to do so. The other indictment brought in Florida accused Trump of at his Mar-a-Lago estate sensitive documents on nuclear capabilities, enlisting aides and lawyers to help him hide records demanded by investigators and cavalierly showing off a Pentagon “plan of attack” and classified map. But U.S. District Judge Aileen Cannon . Smith appealed to the Atlanta-based 11th U.S. Circuit Court of Appeals, but abandoned that appeal on Monday. Smith’s team said it would continue its fight in the appeals court to revive charges against Trump’s two co-defendants because “no principle of temporary immunity applies to them.” In New York, jurors spent weeks last spring hearing evidence in a state case alleging a Trump scheme to illegally influence the 2016 election through who said the two had sex. New York prosecutors recently expressed openness to delaying sentencing until after Trump’s second term, while Trump’s lawyers are fighting to have the conviction dismissed altogether. In Georgia, a trial while Trump is in office seems unlikely in a state case charging him and more than a dozen others with conspiring to overturn his 2020 election loss in the state. The case has been on hold since an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her with the special prosecutor she had hired to lead the case. ____ Associated Press reporter Lisa Mascaro in Washington contributed.

joecicak December 3 ended up being a pretty bad day for shareholders of United States Steel Corporation ( NYSE: X ). Shares of the company fell over 8% after news broke overnight that President-elect Donald Trump has reaffirmed his opposition to Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector. Sign up today for your two-week free tria l and get a new lease on oil & gas! Daniel is an avid and active professional investor. Crude Value Insights Learn more Analyst’s Disclosure: I/we have a beneficial long position in the shares of X either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I own shares and a little in call options on the firm. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Justin Trudeau faces heavy criticism for dancing at Taylor Swift event as protesters burnt Montreal50 EH/s expansion accelerated to H1 2025 Focused on alternative funding instruments Potential for investor distributions in 2025 Transition to U.S. domestic issuer SYDNEY, Nov. 26, 2024 (GLOBE NEWSWIRE) -- IREN IREN (together with its subsidiaries, "IREN" or "the Company"), today reported its financial results for the first quarter ended September 30, 2024. All $ amounts are in United States Dollars ("USD") unless otherwise stated. "We are pleased to report our Q1 FY25 results and reiterate our focus on low-cost Bitcoin mining, operating cashflows and shareholder returns," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "We are just weeks away from achieving our 31 EH/s milestone and are excited to announce the acceleration of our growth trajectory to 50 EH/s in H1 2025, which was previously H2 2025. Our funding program is focused on alternative funding instruments and the strong operating cashflows we expect to generate enhances our flexibility to support potential distributions in 2025." Business Update Bitcoin Mining 21 EH/s installed, on-track for 31 EH/s next month Accelerating expansion to 50 EH/s in H1 2025 Previously H2 2025 Single site expansion at Childress S21 Pro miners previously secured (fixed price, $18.9/TH) Institutional-grade mining exposure Vertically integrated, large scale and low-cost producer ~$29k all-in cash cost per Bitcoin 1 Non-HODL approach and prudent capital stewardship through the cycle Commitment to 100% renewable energy, supporting energy grids and local communities AI/HPC Update AI Cloud Services 1,896 NVIDIA H100 & H200 GPUs Focus on measured growth, only in response to customer demand Other Continuing to advance negotiations with parties on a range of structures in relation to IREN sites – any transaction would need to reflect strategic value of IREN assets Installing liquid cooling infrastructure at Childress and Prince George to support NVIDIA Blackwell GPUs Power & Land IREN 1.4GW Sweetwater site located 60 miles from Abilene, Texas Procurement underway to support IREN-owned 1.4GW substation energization by April 2026 Construction planning for multiple pathways Continuing to prioritize development activities for >1GW pipeline Corporate & Funding Focused on alternative funding instruments Strong operating cashflows to support potential investor distributions in 2025 Transition to U.S. domestic issuer status in 2025 (including U.S. GAAP reporting) The Q1 FY25 Results webcast will be recorded, and the replay will be accessible shortly after the event at https://iren.com/investor/events-and-presentations First Quarter FY25 Results Bitcoin mining revenue of $49.6 million, as compared to $54.3 million in Q4 FY24, driven by increase in network difficulty and lower Bitcoin prices, offset by growth in operating hashrate during the month of September 2024 28% increase in AI Cloud Services revenue of $3.2 million, as compared to $2.5 million in Q4 FY24, driven by revenue for additional GPU's commissioned in April 2024 Adjusted EBITDA of $2.6 million, as compared to $12.2 million in Q4 FY24 2 813 Bitcoin mined, as compared to 821 Bitcoin in Q4 FY24, driven primarily by increase in network difficulty and halving event in Q4 FY24 Net electricity costs 3 of $28.7 million, as compared to $24.1 million in Q4 FY24, primarily driven by an increase in operating capacity Successful transition to spot electricity pricing at Childress from August 1, 2024 One-off cost of $7.2 million to close out August and September 2024 hedges Other costs of $21.4 million, as compared to $20.5 million in Q4 FY24 4 Reflects a business today that is delivering significant growth, and projecting continued expansion over the coming years Includes $2.7 million provision for Canadian non-refundable sales tax, as compared to $2.0 million in Q4 FY24. Net loss after income tax of $51.7 million, as compared to a loss of $27.1 million in Q4 FY24 Q1 FY25 Operating cash outflow of $3.8 million, as compared to cash inflow of $4.8 million in Q4 FY24 Cash and cash equivalents of $98.6 million as of September 30, 2024 and no debt facilities, increasing to $182.4 million as of October 31, 2024 5 Assumptions and Notes All-in cash cost per Bitcoin at 31 EH/s reflects total net electricity costs, overheads and Renewable Energy Certificate (REC) cash costs and includes benefit of $32m illustrative contribution from AI Cloud Services, on a per Bitcoin mined basis. Calculations assume hardware operates at 100% uptime, nameplate fleet efficiency of 15 J/TH, weighted average power cost of $0.036, overheads of $81m, REC costs of $9m, power consumption of 484MW, network hashrate of 732 EH/s, block reward of 3.125 BTC per block, transaction fees of 0.1 BTC per block, pool fees of 0.15%. $32m illustrative contribution from AI Cloud Services calculated as illustrative revenue less assumed electricity costs (excludes all other site, overhead and REC costs) and assumes hardware is fully utilized by customers and operating at 100% uptime, 1.25kW power draw per GPU, $0.045/kWh electricity costs and $2.00 per GPU hour revenue assumption. REC costs at 31 EH/s assume $3/MWh pricing based on historical purchases. Weighted average power cost assumption reflects $0.045/kWh costs in British Columbia and $0.0325/kWh costs in Texas - latter in line with actual net electricity costs of $0.031, $0.032 and $0.0306 in Aug, Sep and Oct 2024, respectively. Historical power prices achieved and power price assumptions may or may not materialize in the future. This press release should be read strictly in conjunction with the forward-looking statements disclaimer on page 6. EBITDA and Adjusted EBITDA are non-IFRS metrics. See page 4 for a reconciliation to the nearest IFRS metric. Net electricity cost is a non-IFRS metric. See page 5 for a reconciliation to the nearest IFRS metric. Other costs exclude one-off other expense items. See page 4 for a reconciliation to the nearest IFRS metric. Reflects USD equivalent, unaudited cash and cash equivalents as of September 30, 2024 and October 31, 2024 respectively. Non-IFRS metric reconciliation Adjusted EBITDA Reconciliation (USD$m) 1 3 months ended Sep 30, 2024 3 months ended June 30, 2024 Bitcoin mining revenue 49.6 54.3 AI cloud service revenue 3.2 2.5 Net electricity costs 2 (28.7) (24.1) Other costs 3 (21.4) (20.5) Adjusted EBITDA 2.6 12.2 Adjusted EBITDA Margin 5 % 21 % Reconciliation to consolidated statement of profit or loss Add/(deduct): Unrealized loss on financial asset - (2.1) Share-based payment expense - $75 exercise price options (3.1) (2.9) Share-based payment expense - other (5.1) (3.1) Impairment of assets (9.5) - Foreign exchange loss 1.2 (7.0) Gain on disposal of property, plant and equipment 0.8 0.0 Other expense items 4 (5.6) (0.1) EBITDA (18.6 ) (3.0 ) Finance expense (0.1) (0.1) Interest income 2.3 3.0 Depreciation (34.0) (26.8) Loss before income tax expense for the period (50.4 ) (26.9 ) Income tax expense (1.3) (0.2) Loss after income tax expense for the period (51.7 ) (27.1 ) 1) For further detail, see our unaudited interim financial statements for the period ended September 30, 2024, included in our Form 6-K filed with the SEC on November 26, 2024. 2) Net electricity cost is a non-IFRS metric. See below table for a reconciliation to the nearest IFRS metric. 3) Other costs include employee benefits expense, professional fees, site expenses, Renewable Energy Certificates (RECs) and other operating expenses excluding one-off other expenses. 4) Other expense items include, a one-off liquidation payment incurred in August 2024 resulting from the transition to spot pricing at the Group's site at Childress, the reversal of the unrealized loss recorded on fixed price contracted amounts outstanding at June 30, 2024, professional fees incurred in relation to the securities class action and loss due to theft of mining hardware in transit. Reconciliation of Electricity charges to Net electricity costs (USD$m) 3 months ended Sep 30, 2024 3 months ended June 30, 2024 Electricity charges (29.8) (25.7) Add/(deduct) the following: - Realized gain/(loss) on financial asset (4.2) 1.0 One off liquidation payment (included in Realized gain/(loss) on financial asset) 1 7.2 - Reversal of unrealized loss (included in Realized gain/(loss) on financial asset) 2 (3.4) - ERS revenue (included in Other income) 1.6 0.6 ERS fees (included in Other operating expenses) (0.1) (0.0) Net electricity costs 3 (28.7 ) (24.1 ) 1) One-off liquidation payment includes the amount paid to exit positions previously entered into under a fixed price and fixed quantity contract, on transition to a spot price and actual usage contract. 2) Reversal of unrealized loss is calculated as the unrealized loss on financial asset as at June 30, 2024. 3) Net electricity costs exclude the cost of RECs. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or IREN's future financial or operating performance. For example, forward-looking statements include but are not limited to the Company's business strategy, expected operational and financial results, and expected increase in power capacity and hashrate. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "believe," "may," "can," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "target", "will," "estimate," "predict," "potential," "continue," "scheduled" or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. These forward-looking statements are based on management's current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause IREN's actual results, performance or achievements to be materially different from any future results performance or achievements expressed or implied by the forward looking statements, including, but not limited to: Bitcoin price and foreign currency exchange rate fluctuations; IREN's ability to obtain additional capital on commercially reasonable terms and in a timely manner to meet its capital needs and facilitate its expansion plans; the terms of any future financing or any refinancing, restructuring or modification to the terms of any future financing, which could require IREN to comply with onerous covenants or restrictions, and its ability to service its debt obligations, any of which could restrict its business operations and adversely impact its financial condition, cash flows and results of operations; IREN's ability to successfully execute on its growth strategies and operating plans, including its ability to continue to develop its existing data center sites and to diversify and expand into the market for high performance computing ("HPC") solutions it may offer (including the market for AI Cloud Services); IREN's limited experience with respect to new markets it has entered or may seek to enter, including the market for HPC solutions (including AI Cloud Services); expectations with respect to the ongoing profitability, viability, operability, security, popularity and public perceptions of the Bitcoin network; expectations with respect to the profitability, viability, operability, security, popularity and public perceptions of any current and future HPC solutions (including AI Cloud Services) that IREN offers; IREN's ability to secure and retain customers on commercially reasonable terms or at all, particularly as it relates to its strategy to expand into markets for HPC solutions (including AI Cloud Services); IREN's ability to manage counterparty risk (including credit risk) associated with any current or future customers, including customers of its HPC solutions (including AI Cloud Services) and other counterparties; the risk that any current or future customers, including customers of its HPC solutions (including AI Cloud Services), or other counterparties may terminate, default on or underperform their contractual obligations; Bitcoin global hashrate fluctuations; IREN's ability to secure renewable energy, renewable energy certificates, power capacity, facilities and sites on commercially reasonable terms or at all; delays associated with, or failure to obtain or complete, permitting approvals, grid connections and other development activities customary for greenfield or brownfield infrastructure projects; IREN's reliance on power and utilities providers, third party mining pools, exchanges, banks, insurance providers and its ability to maintain relationships with such parties; expectations regarding availability and pricing of electricity; IREN's participation and ability to successfully participate in demand response products and services and other load management programs run, operated or offered by electricity network operators, regulators or electricity market operators; the availability, reliability and/or cost of electricity supply, hardware and electrical and data center infrastructure, including with respect to any electricity outages and any laws and regulations that may restrict the electricity supply available to IREN; any variance between the actual operating performance of IREN's miner hardware achieved compared to the nameplate performance including hashrate; IREN's ability to curtail its electricity consumption and/or monetize electricity depending on market conditions, including changes in Bitcoin mining economics and prevailing electricity prices; actions undertaken by electricity network and market operators, regulators, governments or communities in the regions in which IREN operates; the availability, suitability, reliability and cost of internet connections at IREN's facilities; IREN's ability to secure additional hardware, including hardware for Bitcoin mining and any current or future HPC solutions (including AI Cloud Services) it offers, on commercially reasonable terms or at all, and any delays or reductions in the supply of such hardware or increases in the cost of procuring such hardware; expectations with respect to the useful life and obsolescence of hardware (including hardware for Bitcoin mining as well as hardware for other applications, including any current or future HPC solutions (including AI Cloud Services) IREN offers); delays, increases in costs or reductions in the supply of equipment used in IREN's operations; IREN's ability to operate in an evolving regulatory environment; IREN's ability to successfully operate and maintain its property and infrastructure; reliability and performance of IREN's infrastructure compared to expectations; malicious attacks on IREN's property, infrastructure or IT systems; IREN's ability to maintain in good standing the operating and other permits and licenses required for its operations and business; IREN's ability to obtain, maintain, protect and enforce its intellectual property rights and confidential information; any intellectual property infringement and product liability claims; whether the secular trends IREN expects to drive growth in its business materialize to the degree it expects them to, or at all; any pending or future acquisitions, dispositions, joint ventures or other strategic transactions; the occurrence of any environmental, health and safety incidents at IREN's sites, and any material costs relating to environmental, health and safety requirements or liabilities; damage to IREN's property and infrastructure and the risk that any insurance IREN maintains may not fully cover all potential exposures; ongoing proceedings relating in part to the default, and any future litigation, claims and/or regulatory investigations, and the costs, expenses, use of resources, diversion of management time and efforts, liability and damages that may result therefrom; IREN's failure to comply with any laws including the anti-corruption laws of the United States and various international jurisdictions; any failure of IREN's compliance and risk management methods; any laws, regulations and ethical standards that may relate to IREN's business, including those that relate to Bitcoin and the Bitcoin mining industry and those that relate to any other services it offers, including laws and regulations related to data privacy, cybersecurity and the storage, use or processing of information and consumer laws; IREN's ability to attract, motivate and retain senior management and qualified employees; increased risks to IREN's global operations including, but not limited to, political instability, acts of terrorism, theft and vandalism, cyberattacks and other cybersecurity incidents and unexpected regulatory and economic sanctions changes, among other things; climate change, severe weather conditions and natural and man-made disasters that may materially adversely affect IREN's business, financial condition and results of operations; public health crises, including an outbreak of an infectious disease (such as COVID-19) and any governmental or industry measures taken in response; IREN's ability to remain competitive in dynamic and rapidly evolving industries; damage to IREN's brand and reputation; expectations relating to Environmental, Social or Governance issues or reporting; the costs of being a public company; the increased regulatory and compliance costs of IREN ceasing to be a foreign private issuer and an emerging growth company, as a result of which we will be required, among other things, to file periodic reports and registration statements on U.S. domestic issuer forms with the SEC commencing with our next fiscal year, prepare our financial statements in accordance with U.S. GAAP rather than IFRS, and to modify certain of our policies to comply with corporate governance practices required of U.S. domestic issuers; and other important factors discussed under the caption "Risk Factors" in IREN's annual report on Form 20-F filed with the SEC on August 28, 2024 as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC's website at www.sec.gov and the Investor Relations section of IREN's website at https://investors.iren.com . These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this investor update. Any forward-looking statement that IREN makes in this investor update speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise. Non-IFRS Financial Measures This press release includes non-IFRS financial measures, including Net electricity costs, Adjusted EBITDA and Adjusted EBITDA Margin. We provide these measures in addition to, and not as a substitute for, measures of financial performance prepared in accordance with IFRS. There are a number of limitations related to the use of Net electricity costs, Adjusted EBTIDA and Adjusted EBITDA Margin. For example, other companies, including companies in our industry, may calculate these measures differently. The Company believes that these measures are important and supplement discussions and analysis of its results of operations and enhances an understanding of its operating performance. EBITDA is calculated as our IFRS profit/(loss) after income tax expense, excluding interest income, finance expense and non-cash fair value loss and interest expense on hybrid financial instruments, income tax expense, depreciation and amortization, which are important components of our IFRS profit/(loss) after income tax expense. Further, "Adjusted EBITDA" also excludes share-based payments expense, which is an important component of our IFRS profit/(loss) after income tax expense, foreign exchange gains and losses, impairment of assets, certain other non-recurring income, loss on disposal of property, plant and equipment, gain on disposal of subsidiaries, unrealized fair value gains and losses on financial assets and certain other expense items. Net electricity costs is calculated as our IFRS Electricity charges net of Realized gain/(loss) on financial asset, ERS revenue (included in Other income) and ERS fees (included in Other operating expenses), and excludes the cost of Renewable Energy Certificates (RECs). About IREN IREN is a leading data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy. Bitcoin Mining: providing security to the Bitcoin network, expanding to 50 EH/s in H1 2025. Operations since 2019. AI Cloud Services: providing cloud compute to AI customers, 1,896 NVIDIA H100 & H200 GPUs. Operations since 2024. Next-Generation Data Centers : 360MW of operating data centers, expanding to 810MW in H1 2025. Specifically designed and purpose-built infrastructure for high-performance and power-dense computing applications. Technology : technology stack for performance optimization of AI Cloud Services and Bitcoin Mining operations. Development Portfolio: 2,310MW of grid-connected power secured across North America, >1,000 acre property portfolio and additional development pipeline. 100% Renewable Energy (from clean or renewable energy sources or through the purchase of RECs) : targets sites with low-cost & underutilized renewable energy, and supports electrical grids and local communities. Contacts Media Investors Jon Snowball Sodali & Co +61 477 946 068 Lincoln Tan IREN +61 407 423 395 lincoln.tan@iren.com Danielle Ghigliera Aircover Communications +1 510 333 2707 To keep updated on IREN's news releases and SEC filings, please subscribe to email alerts at https://iren.com/investor/ir-resources/email-alerts . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Police arrested a “strong person of interest” Monday in the brazen Manhattan killing of UnitedHealthcare’s CEO after a quick-thinking McDonald’s employee in Pennsylvania alerted authorities to a customer who was found with a weapon and writings linking him to the ambush. The 26-year-old man had a gun believed to be the one used in the killing and writings suggesting his anger with corporate America, police officials said. He was taken into custody after police got a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, NYPD Commissioner Jessica Tisch said at a news conference. Police identified the suspect as Luigi Mangione. Mangione was born and raised in Maryland, has ties to San Francisco, and his last known address is in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing. Here's the latest: Asked if he needed a public defender, he asked if he could “answer that at a future date.” According to court documents, Mangione was sitting at a table in the rear of the McDonald's wearing a blue medical mask and looking at a silver laptop computer and had a backpack on the floor. When he pulled down his mask, Altoona police officers “immediately recognized him as the suspect” in the killing of UnitedHealthcare CEO Brian Thompson, the documents say. Asked for identification, Mangione provided officers with a fake ID — a New Jersey driver’s license bearing another name and the incorrect date of birth. When an officer asked Mangione if he’d been to New York recently, he “became quiet and started to shake,” the court documents say A police criminal complaint charged him with forgery, carrying firearms without a license, tampering with records or identification, possessing an instrument of crime and providing false identification to law enforcement. Video posted on the social platform X shows a handcuffed Mangione arriving at the Blair County Courthouse in Hollidaysburg, Pennsylvania. For example, it took about 10 months to extradite a man charged with stabbing two workers at the Museum of Modern Art in 2022. The suspect, Gary Cabana, was also arrested in Pennsylvania, where he was charged with setting his Philadelphia hotel room on fire. Cabana was sent back to New York after he pleaded guilty to an arson charge in Pennsylvania. Manhattan prosecutors could seek to expedite the process by indicting Mangione for Thompson’s killing while he’s still in custody of Pennsylvania authorities. They could then obtain what’s known as a supreme court warrant or fugitive warrant to get him back to New York. Freddie Leatherbury hasn’t spoken to Mangione since they graduated in 2016 from Gilman School in Maryland. He said Mangione was a smart, friendly and athletic student who came from a wealthy family, even by the private school’s standards. “Quite honestly, he had everything going for him,” Leatherbury said. Leatherbury said he was stunned when a friend shared the news of their former classmate’s arrest. “He does not seem like the kind of guy to do this based on everything I’d known about him in high school,” Leatherbury said. One of his cousins is Republican Maryland state legislator Nino Mangione, a spokesperson for the delegate’s office confirmed Monday. Luigi Mangione is one of 37 grandchildren of Nick Mangione Sr., according to a 2008 obituary. Mangione Sr. grew up poor in Baltimore’s Little Italy and rose after his World War II naval service to become a millionaire real estate developer and philanthropist, according to a 1995 profile by the Baltimore Sun. He and his wife Mary Cuba Mangione, who died in 2023, directed their philanthropy through the Mangione Family Foundation, according to a statement from Loyola University commemorating her death. They donated to a variety of causes, ranging from Catholic organizations to higher education to the arts. A man who answered the door to the office of the Mangione Family Foundation declined to comment Monday evening. Mangione Sr. was known for Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione Sr. prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday afternoon, Baltimore County police officers had blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. A swarm of reporters and photographers gathered outside the entrance. “Our hope is that today’s apprehension brings some relief to Brian’s family, friends, colleagues and the many others affected by this unspeakable tragedy,” a spokesperson for UnitedHealth Group said Monday. “We thank law enforcement and will continue to work with them on this investigation. We ask that everyone respect the family’s privacy as they mourn.” In an email to parents and alumni, Gilman headmaster Henry P.A. Smyth said it “recently” learned that Mangione, a 2016 graduate, was arrested in the CEO’s killing. “We do not have any information other than what is being reported in the news,” Smyth wrote. “This is deeply distressing news on top of an already awful situation. Our hearts go out to everyone affected.” Mangione, a high school valedictorian from a Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a spokesman told The Associated Press on Monday. He had learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends in Hawaii, San Diego, Puerto Rico, the New Jersey shore and other destinations. Police said the suspect arrested Monday had a ghost gun , a type of weapon that can be assembled at home from parts without a serial number, making them difficult to trace. The critical component in building an untraceable gun is what’s known as the lower receiver. Some are sold in do-it-yourself kits and the receivers are typically made from metal or polymer. Altoona police say officers were dispatched to a McDonald’s on Monday morning in response to reports of a male matching the description of the man wanted in connection with the United Healthcare CEO’s killing in New York City. In a news release, police say officers made contact with the man, who was then arrested on unrelated charges. The Altoona Police Department says it’s cooperating with local, state, and federal agencies. “This just happened this morning. We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. “And at some point we’ll work out through extradition to bring him back to New York to face charges here, working with the Manhattan district attorney’s office,” NYPD Chief of Detectives Joseph Kenny said. “As of right now, the information we’re getting from Altoona is that the gun appears to be a ghost gun that may have been made on a 3D printer, capable of firing a 9 mm round,” NYPD Chief of Detectives Joseph Kenny said at a news briefing. The document suggested the suspect had “ill will toward corporate America,” police added. Mangione, 26, was born and raised in Maryland, has ties to San Francisco, and his last known address in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing. Police have arrested a 26-year-old with a weapon “consistent with” the gun used in the killing of UnitedHealthcare CEO Brian Thompson , New York City’s police commissioner says. Thompson , 50, died in a dawn ambush Wednesday as he walked to the company’s annual investor conference at Manhattan hotel. Thompson had traveled from Minnesota for the event. A man being questioned Monday in the killing of UnitedHealthcare CEO Brian Thompson had writings that appeared to be critical of the health insurance industry, a law enforcement official told The Associated Press. The man also had a gun thought to be similar to the one used in the killing, the official said. Police apprehended the man after receiving a tip that he had been spotted at a McDonald’s near Altoona, Pennsylvania, about 233 miles (375 kilometers) west of New York City, said the official, who wasn’t authorized to discuss details of the investigation and spoke to the AP on condition of anonymity. Along with the gun, police found a silencer and fake IDs, according to the official. — Michael R. Sisak That’s also according to the law enforcement official. — Michael R. Sisak That’s according to a law enforcement official. — Michael R. Sisak New York City Mayor Eric Adams is expected to address this development at a previously scheduled afternoon news briefing in Manhattan. While still looking to identify the suspect, the FBI has offered a $50,000 reward for information leading to his arrest and conviction. That’s on top of a $10,000 reward offered by the NYPD. That included footage of the attack, as well as images of someone at a Starbucks beforehand. Photos taken in the lobby of a hostel on Manhattan’s Upper West Side showed the person grinning after removing his mask, police said. NYPD dogs and divers returned to New York’s Central Park today while the dragnet for Thompson’s killer stretched into a sixth day. Investigators have been combing the park since the Wednesday shooting and searching at least one of its ponds for three days, looking for evidence that may have been thrown into it. Police say the shooter used a 9 mm pistol that resembled the guns farmers use to put down animals without causing a loud noise. Police said they had not yet found the gun itself. Ammunition found near Thompson’s body bore the words “delay,” “deny” and “depose,” mimicking a phrase used by insurance industry critics . A man with a gun thought to be similar to the one used in the killing of UnitedHealthcare CEO Brian Thompson was taken into police custody Monday for questioning in Pennsylvania, a law enforcement official told The Associated Press. The man is being held in the area of Altoona, Pennsylvania, about 233 miles (375 kilometers) west of New York City, the official said. The official was not authorized to discuss details of the ongoing investigation and spoke to the AP on condition of anonymity. The development came as dogs and divers returned Monday to New York’s Central Park while the dragnet for Thompson’s killer stretched into a sixth day. — Michael R. SisakNo. 2 Ohio State takes control in the 2nd half and runs over No. 5 Indiana 38-15