Utah Mammoth is the permanent name of the NHL team in Salt Lake City

After a mammoth undertaking of buying an NHL team, moving players, coaches and a full staff more than 600 miles and getting it all together in a matter of months before the puck dropped on a new season, it is perhaps a fitting identity that owners Ryan and Ashley Smith chose after rounds and rounds of fan voting.

They unveiled Utah Mammoth as the franchise's permanent, full-time name Wednesday, with a profiled logo of the ice age creature featuring nods to the shape of the state, its mountain range and the same light blue, black and white color scheme that quickly became synonymous with the team in its first season in Salt Lake City.

“Our fans made it very easy for us,” Ryan Smith said at a news conference at Delta Center celebrating the branding effort's competition after more than 850,000 votes were cast over the past 13 months. “Every single night we were doing the voting, Mammoth just started running away with it. ... And for us, it was like, ‘That’s it.’"

Mammoth replaces the 2024-25 placeholder name Utah Hockey Club, which was also one of the three finalists. Yeti was taken out of consideration when the cooler company bearing that name could not come to a copyright agreement with Utah ownership, and Wasatch — a reference to the state’s mountain range — was quickly replaced as an option by Outlaws.

The Mammoth are maintaining the road jerseys with UTAH diagonally down the front. The logo, along with mountains and a hidden “M” and more of what Smith called “Easter eggs,” also has a curved tusk that forms a “U.”

Mammoth fossils have been found throughout Utah, including a complete skeleton in Huntington Canyon in 1988. The team said “Tusks Up” will be its rallying cry.

“We uncovered a little bit of the mammoth history in this state,” Smith said. “It was daunting — of how close and tied and whether it was Lake Bonneville or Fairview, Utah, or Lake Powell and the size of the mammoth and how fast they go, it became like this really cool thing.”

Utah has an exciting summer ahead holding the fourth pick in the draft, the first phase of arena renovations taking place and more than $20 million in salary cap space for general manager Bill Armstrong to make a splash in free agency and trades. With young talent like captain Clayton Keller, budding star forward Logan Cooley, two-time Stanley Cup champion Mikhail Sergachev and emerging goaltender Karel Vejmelka, the Mammoth could contend for a playoff spot as soon as next season.

Sitting next to Commissioner Gary Bettman, Ashley Smith said the goal was to bring him back with more to celebrate.

“Next time, Stanley Cup," she told Bettman, who responded, “It would be my pleasure.” Bettman, who turns 73 in July, added, “When you win the Stanley Cup, I hope I’m still doing this to present it.”

Hockey in Utah has already been a win after Smith Entertainment Group bought the team previously known as the Arizona Coyotes from former owner Alex Meruelo and moved it to Salt Lake City. The Coyotes played in the Phoenix area since 1996 after moving there from Winnipeg, where the team was the original Jets.

“The first year has been almost mind-blowing in terms of how successful Utah and you and everybody in SEG has been,” Bettman said. “This has been the ultimate team effort for the ultimate team sport. And while you may be thrilled to have us, we’re thrilled to be part of Utah and are grateful.”

The rollout of Mammoth even included a fan holding a Stanley cup — lower-case “C” — Yeti coolers' biggest competition in that market. In the midst of a formative day in the organization's history, Ryan Smith almost seemed to want to manifest another one sometime in the future, not for a mug but the sport's most hallowed trophy.

“When we etch Utah Mammoth in Lord Stanley’s Cup," he said, "that’ll be a good one.”

AP NHL: https://apnews.com/NHL

Chairman of Smith Entertainment Group Ryan Smith and co-founder Ashley Smith join NHL Commissioner Gary Bettman, from left, as they announce the Utah Mammoth as the new name and branding identity of Utah's NHL franchise, Wednesday, May 7, 2025, in Salt Lake City. (AP Photo/Melissa Majchrzak)

Chairman of Smith Entertainment Group Ryan Smith and co-founder Ashley Smith join NHL Commissioner Gary Bettman, from left, as they announce the Utah Mammoth as the new name and branding identity of Utah's NHL franchise, Wednesday, May 7, 2025, in Salt Lake City. (AP Photo/Melissa Majchrzak)

Chairman of Smith Entertainment Group Ryan Smith, Co-Founder Ashley Smith and NHL Commissioner Gary Bettman, from left, announce the Utah Mammoth as the new name and branding identity of Utah's NHL franchise, Wednesday, May 7, 2025, in Salt Lake City. (AP Photo/Melissa Majchrzak)

Fans watch outside Delta Center watch the live press conference announcing Utah Mammoth as the new name and branding identity of Utah's NHL franchise, Wednesday, May 7, 2025, in Salt Lake City. (AP Photo/Melissa Majchrzak)

FILE - The Utah Hockey Club logo is seen on the helmet of center Nick Schmaltz (8) during the third period of an NHL hockey game against the Minnesota Wild Friday, Dec. 20, 2024, in St. Paul, Minn. (AP Photo/Matt Krohn, File)

FILE - A general view of players entering the ice before an NHL hockey game between the Toronto Maple Leafs and the Utah Hockey Club, Monday, March 10, 2025, in Salt Lake City. (AP Photo/Tyler Tate, File)

NEW YORK (AP) — Wall Street is hanging near its records on Tuesday following a mixed start to the latest profit reporting season for big U.S. companies. An update on inflation is meanwhile offering little momentum, either upward or downward, after coming in close to expectations.

The S&P 500 edged down by 0.1% after drifting between small gains and losses during the morning. The Dow Jones Industrial Average was down 287 points, or 0.6%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was up 0.1%. Both the S&P 500 and Dow are coming off all-time highs.

U.S. companies are under pressure to deliver strong growth in profits for the last three months of 2025 to justify the record-breaking runs for their stock prices. Analysts expect companies in the S&P 500 to deliver overall earnings per share that are 8.3% higher than a year earlier, according to FactSet.

JPMorgan Chase helped kick off the latest reporting season by delivering weaker profit and revenue than analysts expected. Its stock fell 3.1% and was one of the heaviest weights on the market, but the shortfall may have been partly because some analysts hadn't updated their estimates to account for the earnings hit taken due to the bank's purchase of the Apple Card credit card portfolio.

CEO Jamie Dimon sounded relatively optimistic about the U.S. economy, saying “consumers continue to spend, and businesses generally remain healthy.”

Delta Air Lines lost 3.2% despite reporting a stronger profit for the end of 2025 than analysts expected. Its revenue came up short of Wall Street’s expectations, as did the midpoint of its forecasted range for profit in 2026.

Chipotle Mexican Grill fell 3% after saying it's looking for a new chief marketing officer, a move that analysts said was a surprise.

On the winning side of Wall Street were several health care companies after they raised their financial forecasts at an industry conference with analysts.

Moderna jumped 12.1% for the biggest gain in the S&P 500 after saying it expects to report revenue for 2025 that's above the midpoint of the range it had forecast in November. It also offered updates on several products, including a seasonal flu vaccine that could see potential approvals beginning later this year.

Revvity rose 4.6% after life sciences company said it expects to report profit for 2025 that's above the top end of the forecasted range it had earlier given. Its forecast for revenue in the fourth quarter also topped analysts' expectations.

Outside of health care, L3Harris Technologies rose 2.2% after the defense company said it’s planning to break off its Missile Solutions business into a separate company through an initial public offering. As part of the plan, the U.S. government agreed to invest $1 billion in the business, which will convert into common stock in the IPO.

L3 Harris will keep a controlling interest in the Missile Solutions business following the IPO.

In the bond market, yields held relatively steady after Tuesday's inflation report strengthened expectations that the Federal Reserve may be able to cut its main interest rate at least twice in 2026 to shore up the job market.

Lower interest rates could make borrowing cheaper for U.S. households and boost prices for investments, but they could also worsen inflation at the same time. Tuesday’s report showed that U.S. consumers paid prices last month for gasoline, food and other costs of living that were 2.7% higher overall than a year earlier. That’s a touch worse than economists expected and above the Fed’s 2% target for inflation.

But, more encouragingly, an important underlying trend of inflation wasn’t as bad last month as economists expected. That could give the Fed more leeway to lower interest rates later.

“We’ve seen this movie before—inflation isn’t reheating, but it remains above target,” according to Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management.

The data helped the 10-year Treasury ease to 4.18% from 4.19% late Monday. The two-year Treasury yield, which more closely tracks expectations for what the Fed will do, inched down to 3.53% from 3.54%.

A day earlier, Treasury yields swung amid worries about the Federal Reserve's worsening feud with President Donald Trump. The concern is that the president's attacks on the Fed could result in a central bank that's less independent and more subservient to the White House. Experts say that in turn could lead to higher inflation over the long term.

In stock markets abroad, indexes were mixed in Europe and Asia.

Japan’s Nikkei 225 soared 3.1% for one of the world’s biggest moves and set a record, thanks in part to gains for technology-related stocks.

Investors expect Japanese Prime Minister Sanae Takaichi, who took office in October, to try to capitalize on her relatively high popularity to call a snap election, hoping to strengthen her mandate for higher government spending.

AP Business Writers Chan Ho-him and Matt Ott contributed.

Trader Robert Finnerty Jr., foreground, works with colleagues on the floor of the New York Stock Exchange, Monday, Jan. 12, 2026. (AP Photo/Richard Drew)

Trader Sal Suarino works on the floor of the New York Stock Exchange, Monday, Jan. 12, 2026. (AP Photo/Richard Drew)

Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Monday, Jan. 12, 2026. (AP Photo/Richard Drew)

A pair of traders work on the floor of the New York Stock Exchange, Monday, Jan. 12, 2026. (AP Photo/Richard Drew)

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