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Canaan: Q2 Earnings Snapshot

Published Sat, 22 Feb 2025 16:40:44 GMT

HAIDIAN DISTRICT BEIJING , China (AP) — HAIDIAN DISTRICT BEIJING, China (AP) — Canaan Inc. (CAN) on Tuesday reported a second-quarter loss of $110.7 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Haidian District Beijing, China-based company said it had a loss of 65 cents. Losses, adjusted for stock option expense, were 58 cents per share.The cryptocurrency-mining computer maker posted revenue of $73.9 million in the period.The company’s shares closed at $1.99. A year ago, they were trading at $3.56._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAN at https://www.zacks.com/ap/CANSource

Denver weather: Comfortable and sunny Tuesday

Published Sat, 22 Feb 2025 16:40:44 GMT

DENVER (KDVR) — Seasonal and pleasant temperatures are in the Denver weather forecast for Tuesday afternoon as a majority of the state will see mostly sunny skies. Weather today: Plenty of sunshineThe Front Range will have abundant sunshine on Tuesday, helping temperatures get back into the middle 80s. Fans rush Coors Field, accost Braves’ Acuna Jr. Winds will be light through the afternoon, making it a pleasant day. So, make sure to get outside and enjoy the late-summer warmth. Pinpoint Weather: Daily forecast on Aug. 29. Weather tonight: Clear skiesSkies will stay clear Tuesday night as lows dip into the upper 50s. The Front Range could see a light breeze pick up out of the south at 5-15 mph.Pinpoint Weather: Overnight forecast on Aug. 29. Looking ahead: Warming up and end-of-week showerThe middle of the week stays dry with mostly sunny skies. Highs return to the low 90s on Wednesday afternoon. Temperatures stay in the low 90s on Thursday afternoon with plenty of sunshine. C...

Boulder King Soopers shooting suspect back in court

Published Sat, 22 Feb 2025 16:40:44 GMT

DENVER (KDVR) — On Tuesday afternoon, the suspect accused of killing 10 people at the King Soopers off Table Mesa in Boulder will be back in court.  He is charged with murder and multiple attempted murder counts in the shooting at a crowded King Soopers store on March 22, 2021.While the shooting happened more than two years ago, a state hospital deemed him mentally competent to stand trial this month. However, in a court filing, prosecutors said hospital staffers believe the suspect's competency is “tenuous” and recommended that he continue with ongoing psychiatric care and medications to remain competent. Man pleads guilty to threatening Polis, Adams County prosecutor In the wake of the state's health evaluation, the district attorney's office said it has filed a motion asking that the court make the judicial finding that he is competent and take action to schedule a preliminary hearing as soon as practicable.The suspect is expected to be in court at 1:30 p.m. for a status confer...

Study reveals dogs respond to ‘sing-songy’ speech, prefer women’s voices

Published Sat, 22 Feb 2025 16:40:44 GMT

A new study sheds some light on the intricate communication dynamics between humans and their canine companions after researchers discovered that dogs exhibit a distinct preference for “sing-songy” speech, similar to the way mothers communicate with their infants. The findings also emphasize dogs’ heightened sensitivity to speech directed at them, particularly when delivered by women. Conducted by researchers in Hungary, the study delved into the nuanced ways in which dogs process human speech and respond to various vocal cues. The investigation revealed that dogs are more attuned to a sing-songy voice, characterized by rhythmic and melodic patterns, commonly used when conversing with young children. The study also found that dogs appear to favor women’s voices over men’s when it comes to processing speech. This heightened receptivity to female voices suggests a complex interplay between the dog’s auditory processing and the tonal qualities of spe...

Hurricane Idalia Beginning to Bring Impacts to Florida Tuesday

Published Sat, 22 Feb 2025 16:40:44 GMT

There is now a hurricane in the Gulf — Idalia strengthened into a hurricane as of the 5AM Tuesday advisory. The system is forecast to continue to intensify until it makes landfall on the west coast of Florida during the day Wednesday.The latest forecast track shows Idalia will most likely make landfall between the Cedar Key and Perry areas of Florida on Wednesday as a 120 mph hurricane, which is equivalent to Category 3, major hurricane strength.Much of Florida will expereince impacts from this storm regardless in the form of gusty winds, heavy rainfall, isolated tornadoes and storm surge.The worst storm surge will be near and just south and east of where exactly Idalia makes landfall. Up to 8-12 feet of inundation is currently forecast by the National Hurricane Center.Across the Florida Keys, up to 1-2 feet of surge is forecast, with the concern for coastal flooding occuring during times of high tide through Wednesday.As far as rainfall is concerned, up to 1-2 inches is forec...

South Florida’s Urban Search and Rescue teams mobilize to aid West Coast preparations ahead of Hurricane Idalia

Published Sat, 22 Feb 2025 16:40:44 GMT

In anticipation of the impending threat posed by Hurricane Idalia, South Florida is stepping up its support efforts by dispatching its Urban Search and Rescue (USAR) teams to the west coast of the state. Miami Police’s USAR team, renowned for its rapid response to major emergencies, is gearing up to deploy on Tuesday morning to areas that are at risk of being severely impacted by the approaching hurricane.Having earned recognition for their unparalleled expertise and swift actions, the Miami Police USAR team has a track record of offering crucial assistance in times of crisis. Their experience extends to previous hurricane responses, including their involvement in the aftermath of Hurricane Ian in southwest Florida last year.Joining them in the mission is Miami-Dade Fire Rescue’s Task Force, an essential unit specializing in emergency response and search and rescue operations. This cooperative effort symbolizes the unity and collective strength of South Florida’s e...

Ukraine walks telecoms tightrope between China and the West

Published Sat, 22 Feb 2025 16:40:44 GMT

Ukraine faces a conundrum: Use Chinese telecom kit to repair its shattered infrastructure or side with Western allies in icing out the likes of Huawei and ZTE.Either decision carries risk. Cutting Chinese equipment from networks could come at a steep cost even if it plays well with the United States and Europe. On the other hand, China’s willingness to discreetly deliver military equipment to Moscow, as previously reported by POLITICO, demonstrates its friendliness toward Kyiv’s antagonist. “It must be clearly understood that today China has already determined its position regarding Ukraine,” said Yuriy Matsyk, the head of fixed broadband at the Ukrainian Ministry for digital transition.China, still, could provide both Russia with wartime equipment while gaining from Ukraine’s reconstruction efforts through its telecom companies’ contracts. Kyiv is now contemplating a ban on Chinese telecom vendors as it seeks to secure ties with the European Union and NATO. We...

1 dead after multi-car crash on I-95 in North Attleboro

Published Sat, 22 Feb 2025 16:40:44 GMT

A 58-year-old Foxboro man died and another person was seriously injured Monday in a multi-car crash in North Attleboro, state police said. The crash happened on I-95, starting on the southbound side of the highway when, police said, Buick and a Cadillac vehicle collided near Exit 7. Police said the driver of the Cadillac, a 61-year-old Providence man, lost control of his car and crossed the median before colliding with a Jaguar vehicle on I-95 north. The driver of the Jaguar was pronounced dead at the scene, according to police. The driver of the Cadillac was taken to a hospital with serious injuries. Police said driver of the Buick fled the scene.State police said troopers responded to the area around 4:15 p.m. and spoke with witnesses who described the fleeing Buick. Around 5 p.m., police said, authorities in Attleboro reported finding a Buick that matched the description of the fleeing vehicle with front-end damage and a flat tire. “Troopers responded to Attle...

Putin is not planning to attend the funeral for Wagner chief Prigozhin, the Kremlin says

Published Sat, 22 Feb 2025 16:40:44 GMT

ST. PETERSBURG, Russia (AP) — President Vladimir Putin is not planning to attend the funeral for Yevgeny Prigozhin, the Kremlin said, following reports that the mercenary chief who challenged the Russian leader’s authority would be buried Tuesday.Kremlin spokesman Dmitry Peskov wouldn’t say where or when the chief of the Wagner Group military company would be buried, adding that he couldn’t comment on a private family ceremony.St. Petersburg’s Fontanka news outlet and some other media said the 62-year-old Prigozhin could be laid to rest as early as Tuesday at the city’s Serafimovskoye cemetery, which has been used for high-profile military burials. Heavy police cordons encircled the cemetery, where Putin’s parents are also buried, but no service was immediately held and increased police patrols also were seen at some other city cemeteries.Later in the day, a funeral was held at St. Petersburg’s Northern Cemetery for Wagner’s logistics chief V...

Police respond to violent, multi-vehicle crash on Route 3 in Burlington

Published Sat, 22 Feb 2025 16:40:44 GMT

Police are investigating a crash on Route 3 in Burlington overnight.Crews responding to a reported crash on the northbound side of the highway found vehicles overturned and at least one in the woods.No additional information was immediately available.This is a developing news story; stay with 7NEWS on-air and online for the latest details.