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Stock market today: Asian shares mixed ahead of US consumer confidence and price data

Published Wed, 26 Feb 2025 21:36:42 GMT

BANGKOK (AP) — Shares were mixed in Asia on Tuesday after Wall Street benchmarks edged lower as investors waited for updates on inflation and how American consumers are feeling about the economy. Tokyo and Hong Kong fell while Shanghai, Seoul and Sydney gained. U.S. futures and oil prices edged higher.Later Tuesday, the Conference Board will issue an update on consumer confidence, which has remained solid throughout the year. Economists polled by FactSet expect another solid reading for the October report.On Thursday, Wall Street will be closely watching the government’s October data on the Federal Reserve’s preferred measure of inflation. Economists expect that measure to continue easing, as it has been since the middle of 2022.Investors have grown cautiously optimistic that inflation has cooled enough for the Federal Reserve to put a definitive end to its aggressive interest rate hikes. Meanwhile, the broader economy has remained strong enough in the face of rising interest rates ...

Chinese AI firm SenseTime denies research firm Grizzly’s claim it inflated its revenue

Published Wed, 26 Feb 2025 21:36:42 GMT

HONG KONG (AP) — SenseTime, a major Chinese artificial intelligence company, has rejected claims by a research company that it has falsely inflated its revenue. “(SenseTime) believes the report is without merit and contains unfounded allegations and misleading conclusions and interpretations,” the company said in a notice Tuesday to Hong Kong’s stock exchange, after its stocks tumbled more than 9% following the report’s release by short-seller Grizzly Research LLC. “It also shows a lack of understanding of the company’s business model and financial reporting structure, and a lack of thorough reading of the company’s public filings,” SenseTime said. The company said it was reviewing the allegations and “considering the appropriate course of action to take to safeguard the interests of all shareholders.” SenseTime is known for its facial recognition technology. It launched a ChatGPT-style chatbot to the public in August.Grizzly’s report alleges that SenseTime uses re...

Israel summons Belgium and Spain’s ambassador for a reprimand following their statements on Gaza war

Published Wed, 26 Feb 2025 21:36:42 GMT

Spanish Prime Minister Pedro Sanchez (left) and Belgium's Prime Minister Alexander De Croo attend a press conference at Rafah border crossing to the Gaza Strip, Egypt, 24 November 2023. EFE-EPA/STRIsrael accuses Spain, Belgium leaders of backing ‘terrorism’. Terrorist group Hamas praised ”clear and bold positions” expressed by De Croo and his Spanish counterpart. Israeli Foreign Minister Eli Cohen described the “congratulations” as “shameful and scandalous”, and added: “we will not forget those who truly stand by us”. The Israeli government on Friday summoned the ambassadors of Belgium and Spain following remarks made by Belgian Prime Minister Alexander De Croo and Spanish Prime Minister Pedro Sanchez on the war between Israel and Hamas, during their joint visit to Israel.The two prime ministers whose countries appear to be in the EU the least supportive of Israel, criticized the Jewish state for the suffering of Palestinian civilians under Israel’s military operations against Hama...

Tomas Hertl’s replacement, at least for a night, scores game-winning goal for Sharks

Published Wed, 26 Feb 2025 21:36:42 GMT

SAN JOSE – San Jose Sharks center Tomas Hertl was injured and unavailable for Monday’s game with the Washington Capitals. That thrust Luke Kunin, usually used as a winger, into a top-six centerman’s role.Kunin made the most of the opportunity, scoring a go-ahead power-play goal with 7:12 left in the third period to help lift the Sharks to a 2-1 over the Capitals at SAP Center.Kunin, stationed near the slot, one-timed a pass from Justin Bailey past Capitals goalie Darcy Kuemper for his fifth goal of the season as the Sharks completed their three-game homestand with a 2-0-1 record.Bailey’s assist gave him his first NHL point since March 21, 2019. Earlier Monday, the Sharks announced they had signed Bailey to a one-year, two-way contract after he began the year with the Barracuda of the AHL.Fabian Zetterlund scored at even strength in the first period to give the Sharks a 1-0 lead and Mackenzie Blackwood had 33 saves in the win.The only blemish for Blackwood, if it could even be called...

4 hospitalized after car crashes into Novato 7-Eleven

Published Wed, 26 Feb 2025 21:36:42 GMT

(KRON) -- Five people were injured and four were hospitalized after a car crashed into a 7-Eleven in Novato on Monday, the Novato Police Department confirmed. The crash happened at about 6 p.m. at the store located at 800 Diablo Ave. A solo driver crashed into the building, police said. The four people hospitalized had injuries that police described as varying between minor and moderate. The driver is among those who were hospitalized. Police are still investigating why the crash happened, but impairment is not believed to be a factor. The building has been red-tagged and closed off.

Oakland city council calls for permanent ceasefire in Gaza

Published Wed, 26 Feb 2025 21:36:42 GMT

(KRON) -- The Oakland city council passed a resolution on Monday calling for a permanent ceasefire in Gaza.The resolution passed unanimously. More than 1,200 public comments were submitted online, 86% of which supported the resolution, according to the Arab Resource and Organizing Center (AROC). “The Bay Area has been turning out for weeks, demanding a ceasefire and an end to genocide in Gaza. With this resolution, we are proud that our Oakland city council is reflecting the voices of the diverse communities it represents, and is standing firmly on the side of peace and justice,” said Lara Kiswani, Executive Director of AROC. Retail theft prevents Oakland small business from opening on Black Friday The resolution, "empowers the City Council to transmit Oakland's support for a permanent ceasefire to California legislators and United States Congressional Offices," according to the AROC. However, it is purely symbolic. The resolution passed during a temporary truce between Israel an...

Blue Jackets send Atlantic Division-leading Bruins to third straight loss with 5-2 win

Published Wed, 26 Feb 2025 21:36:42 GMT

COLUMBUS, Ohio (AP) — Yegor Chinakhov had a goal and an assist, lifting the Columbus Blue Jackets to a 5-2 win over Boston on Monday night, handing the Bruins their third straight loss.Dmitri Voronkov, Ivan Provorov, Kirill Marchenko and Justin Danforth also scored for Columbus, and Boone Jenner added two assists. Spencer Martin stopped 31 shots as the Blue Jackets won for the third time in four games.Matthew Poitras and John Beecher scored for Boston and Jeremy Swayman stopped 17 shots before being replaced in the second period by Linus Ullmark, who finished with 19 saves. The Atlantic Division-leading Bruins hadn’t lost three consecutive games since April 2022.SABRES 5, RANGERS 1NEW YORK (AP) — Alex Tuch scored twice and Ukko-Pekka Luukkonen stopped 25 shots as Buffalo beat first-place New York.Casey Mittelstadt had a goal and two assists, J.J. Peterka and Kyle Okposo also scored and Owen Power added two assists as the Sabres bounced back from a 7-2 loss at New Jersey two nights e...

Anderson scores 21 to lead San Jose State over North Dakota State 78-65

Published Wed, 26 Feb 2025 21:36:42 GMT

SAN JOSE, Calif. (AP) — Trey Anderson scored 21 points to lead San Jose State to a 78-65 victory over North Dakota State on Monday night.Anderson made 7 of 10 shots with four 3-pointers for the Spartans (5-2), adding seven rebounds. Tibet Gorener scored 15, while Myron Amey Jr. pitched in with 14 points, 10 rebounds and four assists. Alvaro Caredenas added 10 points and seven assists.Damari Wheeler-Thomas scored 18 to lead the Bison (4-4). Boden Skunberg had 13 points, while Andrew Morgan finished with 10 points and six rebounds.___Get poll alerts and updates on AP Top 25 basketball throughout the season. Sign up here___AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballSource

Verplancken propels Weber State over Navajo Tech 107-45

Published Wed, 26 Feb 2025 21:36:42 GMT

OGDEN, Utah (AP) — Steven Verplancken scored 19 points to lead five players in double figures and Weber State cruised to a 107-45 victory over Navajo Tech on Monday night.Verplancken made 6 of 9 shots, including 5 of 7 from 3-point range, for the Wildcats (4-2), adding six rebounds. KJ Cunningham and freshman reserve Marko Sarenac scored 14 apiece. Freshman Viljami Vartiainen came off the bench to score 13. Blaise Threatt pitched in with 10 points, 11 rebounds, seven assists and four steals.Albrandon Byjoe led the Skyhawks with 11 points.___Get poll alerts and updates on AP Top 25 basketball throughout the season. Sign up here___AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballSource

Vikings opt for caution and keep Jefferson out again in ugly 12-10 loss to Bears

Published Wed, 26 Feb 2025 21:36:42 GMT

MINNEAPOLIS (AP) — The Minnesota Vikings took the cautious route by ruling All-Pro wide receiver Justin Jefferson out ahead of the game, his seventh straight game on the sideline with a strained hamstring.For the first time during his absence, the 2022 NFL Offensive Player of the Year was badly missed.Joshua Dobbs threw four interceptions as the Vikings had just 242 total yards in a 12-10 loss to the Chicago Bears on Monday night. After listing Jefferson as questionable on the final scheduled injury report for the third straight week, he was officially downgraded to out about four hours before kickoff.Jefferson returned to practice on Nov. 8, but with Minnesota’s bye on the schedule this weekend, the opportunity to give him extra time to heal clearly was appealing. If Jefferson were not activated from injured reserve for some reason by next week, he’d be ineligible to play the rest of the season. The Vikings next play Dec. 10 at Las Vegas.“He was close tonight,” coach Kevin O’...