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Home Blog Page 8628

CSGO News: Vitality, Movistar Riders reach group final at ESL Pro League 18


Team Vitality will meet Movistar Riders in the Group A upper-bracket final after each team won its semifinal match at the ESL Pro League Season 18 on Thursday in Malta.

Vitality clobbered Ninjas in Pyjamas 2-0, and Movistar Riders earned a pair of close victories over GamerLegion for a 2-0 sweep of their own.

Group A action also saw Astralis sweep ORKS and FURIA Esports sweep Grayhound Gaming in the first round of the mid bracket.

The $850,000 event features 32 teams broken up into four groups of eight. Group stage winners advance to the quarterfinals; runners-up advance to the Round of 12 as the high seeds; third-place teams in each group advance to the Round of 16 as the high seeds; and fourth-place teams advance to the Round of 16 as the low seeds.

The group stage is triple-elimination with upper, middle and lower brackets. All matches are best-of-three until the grand final, which is best-of-five.

The Counter-Strike: Global Offensive tournament runs through Oct. 1. The winner earns $200,000 and qualifies to the 2024 IEM Katowice event and the 2023 BLAST World Final.

On Thursday, Vitality blasted Ninjas 16-3 on Mirage before finishing the job 16-9 on Nuke. Lotan “Spinx” Giladi of Israel starred for Vitality with 50 kills and a plus-23 kills-to-deaths differential.

Movistar Riders defeated GamerLegion 16-12 on Anubis and pulled out a 19-16 overtime win on Ancient. Portugal’s Tiago “JUST” Moura led all players with 52 kills (plus-10 K-D), and his Riders teammate Alejandro “alex” Masanet of Spain had 50 kills on a plus-13.

Astralis cruised past ORKS 16-5 on Nuke and 16-6 on Overpass. Benjamin “blameF” Bremer guided the all-Danish Astralis roster with 47 kills and a plus-27.

FURIA, an all-Brazilian squad, beat Grayhound 16-6 on Ancient and 16-8 on Vertigo. Kaike “KSCERATO” Cerato had 43 kills and a plus-21 in leading FURIA.

Group A action continues Thursday with two matches:
–GamerLegion vs. Astralis (mid bracket quarterfinal)
–Ninjas in Pyjamas vs. FURIA Esports (mid bracket quarterfinal)

ESL Pro League Season 18 prize pool:
1. $200,000, 3,000 BLAST Premier points — TBD
2. $90,000, 2,000 BLAST points — TBD
3-4. $50,000, 1,200 points — TBD
5-8. $35,000, 500 points — TBD
9-12. $25,000 — TBD
13-16. $20,000 — TBD
17-20. $15,000 –TBD
21-28. $8,000 — TBD
29-32. $4,000 — TBD

–Field Level Media

CSGO News: Thomas takes step back with Into the Breach


Into the Breach in-game leader Thomas “Thomas” Utting has opted to move to the bench of the Counter-Strike: Global Offensive team.

“This was the hardest decision I’ve ever had to make in my career, but I will be temporarily stepping back from the starting roster,” Thomas said in a statement.

Thomas, 25, also addressed the matter on social media.

“A difficult decision but something I thought was necessary to do before CS2 is released,” he wrote on Twitter. “I wish the roster the best of luck, looking forward to getting back on the grind and repping that.”

Into the Breach has struggled to follow up their recent Major run, notably finishing in last place in the IEM Cologne play-in stage.

“Our run at the Paris Major has defined our growth, but I don’t think it was something anyone expected or was prepared for,” Into the Breach CEO Sam “SlayTheMinotaur” Macedonio said in the team’s statement.

“It’s had a hugely beneficial effect but has also been a difficult adaptation for many of our people. (Cai “Cypher” Watson and Sebastian “volt” Malos) were bought out and move onwards and upwards, (Gustavo “Juve” Alexandre) has struggled and taken steps back for himself and now Thomas follows suit.

“We can only try to do what’s best for our players, long-term growth, and support for those still with us — alongside the two new players joining us in the next few days. Thomas won’t be leaving us but his role within ITB needs to be redefined for everyone’s benefit.”

Into the Breach’s roster consists of Poland’s Karol “rallen” Rodowicz, the Netherlands’ Joey “CRUC1AL” Steusel and Lithuania’s Aurimas “Bymas” Pipiras. Juve, of Portugal, joins Thomas, of the United Kingdom, on the bench, while Denmark’s Martin “trace” Heldt is the team’s coach.

–Field Level Media

Futu Stock Surges 9 percent After BofA Securities’ Double Upgrade

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Futu Holdings (NASDAQ:FUTU) saw a rise of over 9% in its stock price on Tuesday after BofA Securities upgraded its rating from Underperform to Buy. The bank also increased its price target for the stock to $62.82 from $32.15.
The upgrade was prompted by BofA’s increased optimism regarding the stock. They highlighted the stabilization of China’s regulations, along with the current sentiment and valuation being at a low point. Positive advancements in Hong Kong and international markets further supported the upgrade.
Consequently, BofA adjusted its projected earnings per share (EPS) for the years 2023-2025, with increases ranging from 7% to 24%. The target price-to-earnings ratio (P/E) was also modified, shifting from 8x to 14x. Despite the adjustment, the P/E remains below the midpoint of the trading range, reflecting recent regulatory tightening in China.

Centene Receives a Downgrade at Morgan Stanley

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Morgan Stanley analysts adjusted their rating for Centene (NYSE:CNC) from Overweight to Equalweight. The new price target stands at $73.00, down from the previous $94.00.
The analysts explained the downgrade by expressing diminished confidence in the predictability and consistency of Centene’s long-term earnings growth trajectory. They pointed out uncertainties emerging around the multi-year recovery of Medicare Advantage Star Ratings and the company’s potential to secure future Medicaid RFPs. These uncertainties are increasingly raising doubts about Centene’s foundational long-term growth narrative.

MasterCraft Shares Plunge 12 percent on Disappointing Guidance

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MasterCraft (NASDAQ:MCFT) posted Q4 earnings per share (EPS) of $1.37, surpassing the analyst prediction of $1.07 by $0.30. The quarter’s revenue totaled $166.6 million, exceeding the Street estimate of $162.08 million.
Despite its strong Q4 results, MasterCraft Boat provided a notably pessimistic full-year projection, reflecting concerns that industry retail unit sales could decrease by as much as the mid-teens percentage for 2024. In reaction to this, shares plummeted more than 12% on Wednesday.
The company’s outlook for the full year anticipates net sales ranging from $390 million to $420 million, significantly below the Street estimate of $657.6 million. Additionally, MasterCraft Boat projects an adjusted EPS between $1.46 and $1.88, which contrasts sharply with analysts’ expectations of $5.06 per share.
For the first quarter of 2024, the company anticipates net sales of $98 million, considerably less than the estimated $133.6 million. The projected adjusted EPS for the first quarter is 41 cents, compared to the anticipated 95 cents.

Hewlett Packard Enterprise Posts Q3 Beat, Provides Mixed Guidance

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Hewlett Packard Enterprise (NYSE:HPE) reported its Q3 results, with earnings per share (EPS) of $0.49 and revenue amounting to $7 billion (up 1% year-over-year) exceeding the Street estimates of $0.47 and $6.99 billion, respectively. The annualized revenue run rate (ARR) exhibited a year-over-year growth of 48%, reaching $1.3 billion.
For the fourth quarter of 2023, HPE anticipates EPS to fall within the range of $0.48 to $0.52, compared to the Street estimate of $0.49. The projected revenue for this period ranges from $7.2 billion to $7.5 billion, as opposed to the Street estimate of $7.49 billion.
Regarding the full year, the company foresees an EPS ranging from $2.11 to $2.15, compared to the Street estimate of $2.11.

Box Stock Drops 12 percent on Weak Guidance

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Box (NYSE:BOX) shares fell more than 12% on Wednesday subsequent to the release of the company’s Q2 results. The reported earnings per share (EPS) were $0.36, slightly exceeding the Street estimate of $0.35.
Revenue exhibited a year-over-year increase of 6%, amounting to $261.43 million, compared to the Street estimate of $261.32 million. Despite the Q2 results surpassing expectations, the company offered weak guidance.
For the third quarter of the fiscal year 2024, the projected EPS falls within the range of $0.37 to $0.38, while revenue is forecasted to range from $261 million to $263 million.
For the full year, Box envisions an EPS ranging from $1.46 to $1.50, coupled with revenue ranging from $1.040 billion to $1.044 billion.

NAS News: NASCAR Cup Series Playoff Media Day: Denny Hamlin talks 2024 plans


CHARLOTTE, N.C. — Denny Hamlin enters the NASCAR Cup Series Playoffs without a contract to drive next season, but that doesn’t mean he doesn’t have job security.

Though Hamlin expressed emphatically his desire to return to No. 11 Toyota at Joe Gibbs Racing, he does have other options — namely the 23XI Racing team he owns with NBA superstar Michael Jordan.

“I have a race team — I always have options,” Hamlin said on Thursday during the NASCAR Cup Series Playoffs Media Day at the Charlotte Convention Center. “If you’re just a driver, you’re at the mercy of whoever will hire you.

“I will hire me. And I should be the highest-paid driver in the deal.”

Hamlin’s 23XI team currently fields cars for Tyler Reddick and Bubba Wallace, both of whom qualified for the Cup Series postseason, which starts Sunday with the Cook Out Southern 500 at Darlington Raceway (6 p.m. ET on USA, MRN and SiriusXM NASCAR Radio).

A third car at the organization might be a possibility in 2024 if Hamlin can’t come to terms with JGR.

“If an apocalypse comes, yeah,” Hamlin quipped.

Apocalypse aside, the first order of business is the Playoffs. Hamlin has been tantalizingly close to the title on several occasions. In 2010, under what was then the 10-race Chase format, he led the standings entering the season finale at Homestead-Miami Speedway but lost out to Jimmie Johnson’s record fifth straight Cup title.

Since the introduction of the elimination Playoff format in 2014, Hamlin has qualified for the Championship 4 Round four times, with a best finish of third in 2014 and 2021.

“I should have won in 2010,” Hamlin said. “I (screwed) that up pretty bad. Certainly, Jimmie got in my head there, and I just second-guessed what had made me successful the whole time.”

In 2021, Hamlin was chasing JGR teammate Martin Truex Jr. for the lead late in the Championship 4 race at Phoenix.

“And the caution came out,” Hamlin recalled. “And (Kyle) Larson went from fourth to first on the pit stop. “I would say that, in 2019, when we put the piece of tape on the car, I was running Kyle Busch down at the end.

“I was a couple seconds back from him — it was Homestead — but I hadn’t even pushed yet. I was just waiting, waiting, waiting… and then all of a sudden we put the tape on the car, and we blow up.

“There’s like a five-way tie (for closest call to the title).”

Kyle Busch would love to deliver a championship to his new team

Richard Childress Racing has long been one of the marquee teams in the NASCAR Cup Series.

RCR has accounted for six championships at NASCAR’s highest level, all of them fashioned by driver Dale Earnhardt Sr.

The organization, however, hasn’t reached the pinnacle of the sport since Earnhardt won his final title in 1994. Kyle Busch would like nothing better than to end the drought in his first year with NASCAR Hall of Fame team owner Richard Childress.

“It would be phenomenal — it would be awesome,” Busch said. “That’s what we all strive for. I don’t care what team I’m at, I’m going to go try to win a championship, right?

“But to have the history and the legacy of RCR and everything that they’ve done over the years — with Earnhardt and with the other drivers that have been there… yeah, it’s been a little quiet lately, but that would be nice to shake that up.

“I feel like when you’re in the final four, that is a championship season. You’ve just got to go out and execute in that last race, and there are so many things that can go against you in that last race to not let you win a championship, but that’s a title season.”

A two-time Cup champion, Busch has won three times in his first year with Childress, but that’s below the benchmark he sets for himself.

“(Five) is always my number,” Busch said. “Anytime you look at a championship season of a driver, they’ve got around five wins. That’s been a good year. You can always bank yourself as being a championship guy if you’ve got five wins…

“So, let’s win two of these final 10, and then we’ll really have something to talk about.”

William Byron is buoyed by previous victories at five Playoff tracks

Of William Byron’s nine career victories, five have come at tracks that appear in the 10-race NASCAR Cup Series Playoffs, starting with Darlington, which hosts Sunday’s postseason-opening Cook Out Southern 500.

In addition to the Track Too Tough to Tame, Byron has victories in the Next Gen car at Martinsville (Round of 8 elimination race), Las Vegas (Round of 8 opener) and Phoenix (Championship 4 race). His victory at Homestead-Miami Speedway (Round of 8 second race) came in 2021 in the Gen 6 iteration of NASCAR’s Cup car.

Bottom line? Byron has victories at the final four tracks in the Playoffs.

“I didn’t know that stat,” said Byron, who enters the postseason with 36 Playoff points, tied for most with Martin Truex Jr. “It’s nice to know that a lot of the tracks line up well for us. It’s a comforting thing to know that. But I don’t want to think too far ahead and get too excited about Vegas or even Phoenix, because we’re not there yet.

“So, we’ve got to get there first and hopefully this first round goes smooth and we don’t have too many headaches at night and can get through it.”

Byron doesn’t have a victory at any of the tracks in the Round of 12, and Talladega is particularly concerning.

“Talladega’s a weak track for us right now, admittedly,” said Byron, who leads the series with five victories this season. “We didn’t feel great about how Daytona went (last Saturday). We finished eighth but didn’t have a lot of up-front speed.

“So, we’ve just got to hopefully work on Talladega. The (Charlotte) Roval (Round of 12 elimination race) I feel good about, because we just won a road course race (at Watkins Glen).”

Brad Keselowski has neither the time nor the inclination to relax

When Brad Keselowski signed on as a co-owner/driver at Roush Fenway Keselowski Racing last year, he joined a company that had been floundering.

From 2015 through 2021, the company founded by NASCAR Hall of Famer Jack Roush had won two races — both on superspeedways and both by 2023 Daytona 500 winner Ricky Stenhouse Jr., who has since moved on to JTG-Daugherty Racing.

RFK picked up one victory last season thanks to Chris Buescher, who has added three wins to his column this season. Both RFK cars — those of Buescher and Keselowski — have qualified for the NASCAR Cup Series Playoffs this year.

But Keselowski isn’t satisfied. Asked whether he thought the organization was ahead of the schedule he envisioned when he joined the company, he replied emphatically, “Oh, no. Gosh, I wanted to be here last year.

“But that’s not where we were. That’s not what we were prepared for. The good news is we’re here now, and we still have a lot of potential.”

Keselowski has to balance family life and his work as both an owner and a driver with heading a 3D-printing company he founded in 2019. He doesn’t care that his duties don’t give him time to relax.

“I don’t want to relax,” Keselowski said. “I don’t want to be on vacation. I want to win. I want to be a part of fixing this. That’s the juice for me. Being on the beach or whatever, that’s not fun.

“Fun for me is turning around a company and seeing guys like Chris Buescher be successful, seeing a new pit crew guy come in or a mechanic who’s never won a race or a new partner come into the sport and have their first chance in Victory Lane.

“That’s better than any vacation I’ll ever go on.”

–By Reid Spencer, NASCAR Wire Service. Special to Field Level Media

INDY News: CGR signs Linus Lundqvist to multi-year contract


Chip Ganassi Racing announced a multi-year contract Thursday with driver Linus Lundqvist.

It is the first full-time ride on the IndyCar circuit for the 24-year-old Swede.

“Joining Chip Ganassi Racing is an absolute dream come true for me,” Lundqvist said. “Stepping up to race full-time in the NTT INDYCAR SERIES, and to do so with one of the most successful teams in the history of the championship, is the moment I’ve been working for throughout my career. It is hard to explain how much this means to me.”

Lundqvist brings winning credentials to CGR as the 2022 Indy NXT series champion.

He competed in three IndyCar races this season for Meyer Shank Racing, recording the fastest lap time in two of those races.

“He has shown that his on-track performance creates the racecraft separation that’s required in INDYCAR today,” CGR managing director Mike Hull said. “Growing together with Linus is what comes next.”

Lundqvist will spend time shadowing the CGR team for the final two races of the current season as he prepares for 2024.

–Field Level Media

F1 News: Charles Leclerc ‘not in a rush’ to extend Ferrari contract


Charles Leclerc wants to stay with Ferrari, but the Formula 1 driver said he’s “not in a rush” to sign a new contract.

The 25-year-old Monaco native’s current deal expires at the end of 2024. Leclerc has been with Ferrari since 2019.

“I have always loved Ferrari and I would love to stay,” Leclerc told the BBC. “I’ve always made it very clear that my goal is to try to be a world champion, but firstly with Ferrari.

“I know how difficult it is. We are not in the easiest situation. There is a big gap to fill to get to Red Bull’s level but Ferrari has helped me before I got into F1, believed in me and put me into the Ferrari seat very early on, and it’s always a team that I’ve loved.

“My priority is to win with Ferrari and it is not my worry whether I won’t achieve it or whatever. We just need to work on the team and try to improve it as much as possible, and I hope that I can achieve that one day.”

Leclerc heads into this Sunday’s Italian Grand Prix in sixth place in the F1 driver standings, one spot behind Ferrari teammate Carlos Sainz.

Ferrari sits fourth in the constructor standings.

Leclerc has five career F1 wins, most recently at the Austrian Grand Prix in July 2022.

He said talks with Ferrari will ramp up “later on.”

“Honestly, I am not in a rush. I don’t think Ferrari’s priority is signing me at the moment, which is understandable because we are all just focused on trying to have the best race car possible as quickly as possible.

“I understand that. So for now we are just focusing on the season. I am sure talks will arrive at one point during the season, probably a bit later on.”

–Field Level Media