What is the current risk assessment for asteroid 2024 YR4 potentially impacting Earth?

NASA's asteroid trackers have recently updated their risk assessment for asteroid 2024 YR4, increasing the probability of Earth impact from 1% to 2.3% around Christmas 2032. This 300-foot asteroid, while receiving significant attention due to the heightened risk, still has a 98% chance of missing Earth entirely. If an impact were to occur, scientists predict it would likely hit an empty ocean area in the southern hemisphere, minimizing potential damage to populated areas.