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Tesla’ income jumps 20%, but shares fall after hours amid profit concerns

Published Tue, 05 Nov 2024 03:27:34 GMT

SAN FRANCISCO (AP) — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. Sales jumped and the company beat analyst expectations for net income in the April-June quarter, although the company’s profit margins declined. Tesla shares followed suit in after-hours trading.The Austin, Texas, maker of electric vehicles, solar panels and batteries reported net income of $2.7 billion in the quarter, a 20% increase from a year ago. Earnings per share also rose 20% to 78 cents when measured via generally accepted accounting principles. Total revenue rose 47% to $24.93 billion.Analysts, however, tend to focus on Tesla’s own measurement of profit, which excludes stock-based compensation expense. By that measure, Tesla’s net income zoomed to $3.15 billion, or 91 cents a share, sharply exceeding average analyst estimates of 80 cents per share according to FactSe...

Warriors youth campers help present former Golden State players Bjelica, Chiozza championship rings

Published Tue, 05 Nov 2024 03:27:34 GMT

OAKLAND, Calif. (AP) — In a post-lunch session at Warriors youth basketball camp, 11-year-old Vanessa Lewis stood and beamed as she asked a very important question to a pair of very important guests: “Have you seen your rings yet?”Nope, answered Nemanja Bjelica and Chris Chiozza. Then, moments later Wednesday, fellow campers Amari Chiefelk and Will McCloskey appeared from around the blue Golden State Warriors partition and handed each man a box containing his sparkling 2022 championship ring.Awestruck, their eyes lit up immediately.“I didn’t realize it was going to be that big,” said an emotional Bjelica, who traveled from home in Belgrade, Serbia, via Istanbul, Turkey, to San Francisco for the special occasion. “Probably in a couple more years it will be more realistic.”Typically, the Warriors present former players with their rings in an on-court pregame ceremony when they come through town with an opposing organization, but these two were playing overseas so the first...

Zheng beats Parry at Palermo Open and will face American Navarro in quarterfinals

Published Tue, 05 Nov 2024 03:27:34 GMT

PALERMO, Italy (AP) — Second-seeded Zheng Qinwen beat Diane Parry on Wednesday to reach the quarterfinals of the Palermo Open.Zheng found it tougher than her 6-0, 6-0 victory over Sara Errani in the opening round but eventually prevailed 7-5, 3-6, 6-3. She will next face seventh-seeded Emma Navarro after the American had a 6-2, 6-1 victory over Camilla Rosatello.Sara Sorribes Tormo recorded a second straight victory over an Italian player on the red clay courts of the Country Time Club as she defeated Nuria Brancaccio 6-3, 6-2.Sorribes Tormo will next face Clara Brunel after the French player eliminated Cristina Bucsa 6-2, 6-4.___AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_SportsSource

Castren, Tan shoot 64 in alternate-shot play to lead LPGA Tour team event in Michigan

Published Tue, 05 Nov 2024 03:27:34 GMT

MIDLAND, Mich. (AP) — Matilda Castren and Kelly Tan shot a 6-under 64 in alternate-shot play Wednesday to take the first-round lead in the Dow Great Lakes Bay Invitational, the LPGA Tour’s lone team event.Castren, from Finland, and Tan, from Malaysia, birdied the final two holes and four of the last six at Midland Country Club.“I felt like we jelled really well today, honestly,” Tan said. “She struck the ball so good. I had the chance to make the putt. And, I mean, I think vice versa. We both played pretty good today. There’s no complaints.”They had a bogey-free round.“I think she hit the ball really well today, too,” Castren said. “So that definitely gave me a lot of comfort. I knew she was going to hit it close.”Celine Boutier and Yuka Saso were a stroke back at 65 with the teams of Celine Borge-Polly Mack and Paula Reto-Amelia Lewis.“We’re happy,” Saso said. “I feel like we did have some really good saves, and I think any time you can be bogey-free, it’s a good day.”Swedes ...

First female head coach in English men’s soccer praised for holding the fort as new manager hired

Published Tue, 05 Nov 2024 03:27:34 GMT

NAILSWORTH, England (AP) — Hannah Dingley has been praised for “holding the fort” in her landmark appointment after Forest Green Rovers announced it had hired David Horseman as permanent coach of the fourth-tier English soccer team. Forest Green became the first men’s professional soccer team in England to appoint a female head coach earlier this month when Dingley was hired on an interim basis. “I’m grateful to Hannah for holding the fort for the club while we went through the complete recruitment process and although she did not get the top job this time, it’s undoubtedly been a valuable experience and a big step on her career path,” Forest Green chairman Dale Vince said Tuesday.Dingley remained in charge for a final game when Forest Green played Everton under-21s on Wednesday.Horseman, who was previously in charge of Southampton’s under-23 side, said he welcomed “the opportunity to lead a team which has such strong values both on and off the pitch.” Horseman worked alongsid...

Man sentenced to 31 years for DUI crash that killed 2 teens

Published Tue, 05 Nov 2024 03:27:34 GMT

DENVER (KDVR) -- A man from Colorado Springs was given the maximum sentence of 31 years in prison on Friday after a Douglas County jury found him guilty in a crash that killed two teenagers.Last year, two high school students were killed and a third was critically injured in a head-on crash on Interstate 25 near Castle Rock. 2 teens killed in head-on crash in Castle Rock It happened just before midnight on Aug. 5. According to court documents from the 18th Judicial District, an investigation found that Ricky Avalos-Trujillo, 25, was driving an SUV above the speed limit southbound in the northbound lanes on I-25.He crashed head-on into a truck that was carrying four 17-year-old Castle View High School students, killing two of them, according to court documents.Avalos-Trujillo had bloodshot, watery eyes, slurred his speech and smelled like alcohol, the court documents said. He told Colorado State Patrol that he had fallen asleep behind the wheel, but the investigation found that hi...

How often does Denver hit 100 degrees or hotter?

Published Tue, 05 Nov 2024 03:27:34 GMT

DENVER (KDVR) — Denver has seen some hot temperatures this week, but still has not hit 100 degrees this year. Denver's normal high temperature on July 19 is 91 degrees. Most of the month of July so far has been below that mark, however, Monday and Tuesday were both above average and topped out at 97 degrees, which is the hottest reading so far this year in Denver. Annually, Denver does not always record a high of 100 degrees or hotter. But, in years when the temperature at Denver International Airport hits the century mark, that usually happens for the first time on July 12. The first day of triple-digit heat has been recorded in Denver as early as June 11, last year in 2022, and as late as Aug. 18, 2020. However, several years -- including most recently in 2015 -- stay below 100 degrees. Just looking at the past 30 years, nine have not hit 100 degrees. Eight out of the last 30 years have seen 100 degrees or hotter on only one day, five years have hit that mark two days. Three...

Concertgoers can get free naloxone at Global Dance Festival

Published Tue, 05 Nov 2024 03:27:34 GMT

DENVER (KDVR) — As electronic dance music fans listen to their favorite music this weekend, organizers of the Keep the Party Safe campaign hope they tune into this message: "We want people to be safe, we want people equipped, we want people to be empowered."Hilary Bryant, program manager at the University of Colorado Anschutz Medical Campus, said this is the message behind an effort to prevent overdoses at this weekend's Global Dance Festival. Use drugs or know someone who does? Carry this The Keep the Party Safe campaign is a statewide effort to bring awareness to accidental fentanyl overdose deaths and ways to prevent it. The campaign partnered with AEG Presents: Rocky Mountains in May to hand out naloxone to concertgoers, no questions asked. "Whenever we're handing out naloxone everyone is so grateful that we're there, everyone is really interested in learning," Bryant said.Free naloxone at Global Dance FestivalSince June, Keep The Party Safe has distributed nearly 1,000 doses ...

Hearing aids may reduce dementia progression for at-risk patients, study finds

Published Tue, 05 Nov 2024 03:27:34 GMT

DENVER (KDVR) — A new study published in The Lancet medical journal this week shows people with a high risk of developing dementia could cut that risk by 48% with the use of hearing aids."This was really an exciting study," said Dr. Julie Prutsman at Sound Relief Hearing Center in Highlands Ranch. "We've known for years that there is a connection or a link between untreated hearing loss and cognitive decline or dementia." How to take care of your vehicle in the summer heat The study, she said, shows what impact hearing loss intervention can have."There is hope for these individuals if we treat something as simple as hearing loss," she said.Dr. Ira Chang, the medical director of neurocritical care at Swedish Medical Center, said there are different theories about how hearing loss impacts cognition."Maybe by not using those parts of the brain, they are atrophying faster, and maybe they are not as social," Chang said.Hearing loss intervention shows promiseWith the results of thi...

Homeowners happy to hear of new stoplights being added to County Line Road

Published Tue, 05 Nov 2024 03:27:34 GMT

DOUGLAS COUNTY, Colo. (KDVR) -- Homeowners with fences backing to County Line Road in Centennial reached out to the Problem Solvers after they reached a breaking point following a dangerous crash that happened Monday. “In the 12 years we've lived here we have probably seen 20 plus crashes," Manny Barela, who owns a home backing to County Line Road said. Where Barela's neighborhood is, the main intersection to get out is at South Clarkson Street and County Line and he said that intersection is very prone to having bad crashes. “It will happen again and we spend a lot of time in our backyard and someone will come through and one of us will get hit," Barela said. 1 dead after 3-vehicle crash involving dump truck in Aurora His family used to lease a home right next door to the home they own now. He said they've had multiple cars come through their fence, thankfully though the trees/fence have stopped the cars from plowing into his home. "These trees have saved us twice so far," Barel...