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Key Takeaways:
Revenue increased 190% y/y to $4.7 million as Arps added scale and supply continuity, while frozen beverage and food revenue grew 9%.
Manufacturing inefficiencies drove gross margin to negative 3.2%, prompting reductions to 2026 revenue and adjusted EBITDA guidance.
Education recovery remains intact, with returning customers, new district wins and inventory preparation supporting stronger core Barfresh growth through the 2026-27 school year.

#report #arps #Education

Following the Cleveland Cavaliers' swift and painful Eastern Conference finals exit at the hands of the eventual champion New York Knicks, an awkward offseason cloud hung eerily in the atmosphere. Not only was there a strong sense of doubt as to whether that iteration of the team could return to that stage from a basketball standpoint, but its future altogether was in question.
Three months later, at least one of those questions has been answered. Donovan Mitchell committed his future to the franchise, signing a four-year, $273 million extension. His running mate, James Harden, agreed to a three-year, $97 million fully guaranteed contract Thursday, sources told Yahoo Sports. And as of Wednesday night, another reinforcement arrived.
In the latest installment of the "Anything but the Knicks" campaign, the Cavaliers reportedly acquired restricted free-agent wing Peyton Watson in a sign-and-trade deal involving the Nuggets and Clippers. Sharpshooter Max Strus was sent to L.A.. and a 2031 unprotected first along with a 2032 second-rounder headed to Denver. Upon joining Cleveland, Watson will sign a four-year, $88 million contract.
(According to sources close to Harden, the veteran, having seen how rival teams in the conference had beefed up, is fully onboard with Watson's arrival and decided to delay his negotiations to give Cleveland the opportunity to upgrade its scoring and defense — while also keen to avoid a previous situation with the Clippers with non-guaranteed money on just a two-year deal.)
We'll get into what this all means for Cleveland shortly, but I can't quite grasp how fascinating this is from a Nuggets perspective. Typically, restricted free agents don't hold much leverage over their incumbent teams when it comes to negotiations (see Jalen Duren, Bennedict Mathurin, Tari Eason, the list goes on). But how and why Watson's situation played out differently is worth mentioning. The whispers of the 23-year-old's unhappiness with how Denver valued him, believing he should have been on par with teammate Christan Braun (earning $25 million annually) grew louder as the offseason dragged on, as well as the list of suitors eagerly waiting in the wings for an opportunity to capitalize. This, in conjunction with the Nuggets' limits on their financial flexibility and desire to generate some breathing room — thanks in large part to oddly matching a $12 million offer sheet for Spencer Jones and a realization of their own ceiling — created an environment in which Watson could land in a desired spot.

#knicks

One of the biggest fan traditions to emerge from the 2026 baseball season didn't start with a mascot or a chant. Instead, it involved fans ripping off their shirts and spinning them over their heads in an attempt to fire up the stadium during big moments.
Known as the "Tarps Off Trend," the celebration craze has spread across college football, Major League Baseball (MLB) and other sporting events, turning shirt-twirling into a viral rallying ritual.
While most people have probably only heard of this phenomenon in the last couple of months, the trend goes back much further and riffs on the slang term "tarp," referring to a shirt, that's been around even longer.
So, where did this viral trend originally start, and how did it become one of the defining sports fan crazes of 2026? Let's explain.

#start #instead #major #league

Lakers get Klay Thompson update that Los Angeles shouldn't be surprised about originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Los Angeles Lakers simply have a need for more talent on both sides of the basketball, though at this stage of the offseason, nearly entering September, there aren't a slew of ways for them to do so. The Lakers will have some opportunities to improve, at least before the trade deadline when the season gets going, but for now, Los Angeles has to hope things go its way.
It remains uncertain how things will play out, but the Lakers definitely have their eyes set on Dallas Mavericks sharpshooter Klay Thompson.
Thompson, who isn't the same player that he once was, would still be a nice addition. He's already played with Luka Doncic, even if it was short-lived, and that showed a lot of promise. While the Lakers have some interest, the Mavericks have yet to decide on his future in Dallas.
"Two sources briefed on the process said this week that it remains unclear how the situation will play out. Dallas currently has 16 standard contracts on its books — one more than the league maximum that will be allowed as of Oct. 19 — but Thompson's fate remained undecided as of Sunday," Marc Stein wrote.

#dallas

The Los Angeles Lakers and Dalton Knecht don't appear to be a good fit.
The Tennessee alum showed flashes of an NBA-level sharpshooter in his rookie season, but fizzled out of the rotation in his sophomore year, spending most of his time either in the G League or warming the bench. That was despite Lakers head coach JJ Redick hyping him up as a key piece of their future on several occasions.
With 16 players on the roster, the Lakers need to trim the fat entering the new season. One intriguing Lakers trade idea won't cut down the roster size, but would add a piece that could really help Redick's team fill a void at the wing position.
Lakers would receive: Saddiq Bey
Pelicans would receive: Dalton Knecht

#Lakers #dalton #piece #angeles

Why Nikola Jovic remains untouchable in Heat's Klay Thompson trade talks originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Miami Heat aggressively reshaped their roster this offseason by acquiring Giannis Antetokounmpo. Front office executives mortgaged substantial future capital making this blockbuster deal happen. The Organization surrendered Tyler Herro leaving their developmental cupboard completely bare. Miami desperately needs perimeter shooting around their newly formed superstar duo immediately.
Meanwhile, Klay Thompson has emerged as the primary target amid ongoing offseason discussions. Dallas Mavericks made the veteran sharpshooter available following organizational direction shift. Miami wants Thompson badly but refuses sacrificing remaining youth for an aging veteran. This reluctance creates massive stalemate between both franchises currently.
NBA insider Brett Siegel provided a crucial update regarding ongoing trade negotiations Thursday. Siegel revealed Miami remains extremely reluctant including forward Nikola Jovic any deal. Dallas continues seeking valuable ****** ets rather than buying out expensive veteran shooters.
"Even though the Heat could get creative with a trade offer revolving around 23-year-old forward Nikola Jovic, this doesn't appear to be a scenario Miami wants to see play out," Siegel reported. "Jovic is a young talent the Heat have coveted since drafting him 27th overall in 2022, and he is one of the team's only youthful options after trading Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., and Kasparas Jakucionis for Giannis."

#heat #veteran

Baseball feels more organic when Nancy Faust is in a booth with an organ. Her presence in the ballpark this afternoon, which precluded the usual barrage of pop songs, crowd-stimulating noises, and things that my dad would refer to as "canned bullshit," set the tone for what turned out to be an improbably fun day at the ballpark as the White Sox staked themselves a season-high four-game lead in the AL Central with a 5-2 win over the Guardians.
This is a Sox team that has made its hay with youthful energy. But even without the thumping bass that typically blasts from Rate Field's PA system, the action on the field and the feeling in the stands was as vibrant as ever. When it appeared that Cleveland would put a damper on the 30,000 strong crowd's supportive push with three straight hits and two runs against Davis Martin to open the game, the Sox responded with three consecutive hits of their own to start their part of the action.
The Sox only managed to get one run out of their hit parade, though. For a moment, when Guardians starter Joey Cantillo punched out three consecutive hitters to escape the early jam, it seemed as if the building momentum had been stifled.
Then the tarps came out.
One two-hour rain delay later, it felt like it didn't matter. When Tim Herrin took the ball for Cleveland in relief of Cantillo, it was a whole new ballgame. Herrin did his job, but his successor Craig Yoho couldn't. For the second straight day, the Guardians had grabbed themselves a 2-0 lead before falling victim to a big crooked number from the South Siders. After taking an inning to warm up, Miguel Vargas, Randal Grichuk and Braden Montgomery all reached base in succession with two outs before the other Montgomery broke things open with one swing of the bat.

#Guardians #themselves

There's a chance that four-time NBA champion Klay Thompson sees his time with the Dallas Mavericks come to an end after two seasons.
Thompson, 36, joined the team in July 2024 as a result of a six-team trade, signing a three-year, $50 million contract after spending the first 13 seasons of his career with the Golden State Warriors.
Last season, Thompson appeared in 69 games for the Mavericks and started eight. He averaged career-lows in multiple statistical categories including points (11.7), field goal percentage (39.3%), 3-point percentage (38.3%), free throw percentage (76.6%), rebounds (2.1), ***** ists (1.4) and minutes played (21.7).
If indeed the 2026 season was Thompson's final season in Dallas, the aging sharpshooter and his agent will soon field calls from teams around the league ready for his services. He has one year left on his contract and the Mavericks owe him $17.5 million.
They could opt to put Thompson in trade negotiations, but given the season of career-lows he's coming off of, some could view it as a risk to trade for the 36-year-old and likely give up ***** ets. The other option would be via buyout clause in which Thompson would become a free agent and choose his destination.

#thompson #dallas #seasons

Brooklyn Nets forward Michael Porter Jr. is coming off the best season of his career after being thrust into the position of being the primary for a Nets team in need of scoring. Even though Brooklyn got Porter more help in the form of former Minnesota Timberwolves forward Julius Randle, the former Denver Nuggets sharpshooter is making sure to put the work in this summer.
The National Basketball Player's ****** ociation (NBPA) recently unveiled a 24/7 performance center in Los Angeles, California that NBA players can use during the regular season and offseason, according to James H. Williams of USA Today. Williams revealed that Porter is one of the approximately 200 players that spend part of their offseason in the City of Angels so the NBPA wanted to make sure that those players had somewhere to go to work on their game.
"Michael Porter Jr. and Mo Bamba also were seen in the facility going through their offseason process," Williams wrote in his piece. The facility, known as the PLYRS UNTD Performance Center, will be added to the group of facilities that the NBPA has "like the one located at its New York headquarters and The Sanctuary, which serves as an offseason performance retreat for NBA players in Spain."
Porter, 28, is coming off a 2025-26 season in which he did not make the first All-Star team of his career as many expected for him to do so, but that doesn't mean that his numbers weren't spectacular. Porter played 52 games for the Nets last season, posting averages of 24.2 points, 7.1 rebounds, and 3.0 ****** ists per game while shooting 46.3% from the field and 36.3% from behind the three-point line.
Williams noted in his article that the NBPA will attempt to organize open runs during the offseason so that players can get used to playing with each other, which might be the case for Porter and Randle. Either way, the NBA players now have a new facility to visit during their travels and someone like Porter can now work on his game while visiting Los Angeles at an NBPA-ran facility.

#players #facility

The 2026 Little League Softball World Series will continue with another slate of games on Monday, Aug. 3.
The action hit a snag on Sunday, Aug. 2, after games in North Carolina were delayed due to weather.
There was constant rain in the area, which kept the tarps out on the field and led to a reshuffling of the schedule for the final two games.
California (West) and Kentucky (Central) faced a three-hour delay before the game managed to begin. Despite a fast start for the West, Kentucky managed to pull away with the victory in four innings after producing seven runs in the bottom of the first inning.
The game between Canada and North Carolina was moved to Monday. It was initially scheduled for 7 p.m. ET on Sunday.

#north

Miami Heat reportedly make $7M Mavericks' Klay Thompson decision in pursuit of 4-time champion originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Miami Heat have had a very successful offseason, highlighted by their trade for former Milwaukee Bucks superstar Giannis Antetokounmpo. However, Miami is not done making moves and continues looking for ways to build a stronger roster around Antetokounmpo and Bam Adebayo.
The Heat missed out on a potential reunion with LeBron James, but they have now turned their attention toward another NBA champion. Miami has emerged as a team interested in acquiring four-time NBA champion Klay Thompson.
"Dallas Mavericks guard Klay Thompson, a five-time All Star and the fourth-most prolific three-point shooter in NBA history, has emerged as a player of strong interest to the Miami Heat, multiple sources said in recent days. The Heat has interest in adding Thompson whether LeBron James joins the Heat or not, a source said," Miami Herald's Barry Jackson wrote.
The pursuit of Thompson has quickly intensified, and the veteran sharpshooter has become one of Miami's top priorities.

#klay #champion #sporting #lebron

Today in Boston Celtics history, the team traded for Minnesota Timberwolves star Kevin Garnett before the 2007-08 NBA regular season season, which ended in the hanging of the long-awaited Banner 17. Initially, Garnett hesitated to sign an extension with the Celtics if they dealt for him, due to the lack of high-caliber talent on the roster, apart from forward Paul Pierce. However, the earlier addition of sharpshooting UConn alum Ray Allen that summer proved enticing enough for KG to finalize the agreement. After, Garnett agreed to a three-year extension, supplementing the two remaining years on his current contract.
The history-altering deal was consummated soon after. The South Carolinian was dealt for Al Jefferson, Ryan Gomes, Sebastian Telfair, Gerald Green, Theo Ratliff, cash, and draft considerations.
Garnett would win a ****** le with the team in 2008, be elected Defensive Player of the Year that season, make five All-Star games, and earn many more such honors during his six seasons with the team.
Five years before that date, in 2012, ex-Celtics center Jason Collins signed a contract with Boston. The Stanford alum played a mere 32 games with the franchise that season before he was traded to the Washington Wizards in February 2013. He averaged 1.2 points and 1.6 rebounds per contest over that stretch.
It is the date in 2009 that Boston waived one-time Celtics guard Gabe Pruitt, who had been drafted by the team out of USC with the 32nd pick of the 2007 NBA draft. The Los Angeles native put up 2 points a game across 62 games played in two seasons with Boston.

#boston #team #games #star

Lynx urged to trade for rookie sharpshooter to help Olivia Miles originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Minnesota Lynx are already having a great season being led by rookie Olivia Miles.
There are rumors that Napheesa Collier could actually be moved before the upcoming WNBA trade deadline, but there are plenty of other options for the Lynx to consider, too.
One of them is a trade for more shooting.
USA Today's Mitchell Northam wrote in a new article on Tuesday that a logical target for the Lynx is Chicago Sky rookie Sydney Taylor.

#trade #olivia #miles #preferred

Peyton Watson is nearing a big payday after his breakout season. The Denver Nuggets are offering the UCLA product a five-year, $70 million deal, according to The Athletic's Tony Jones.
It's a tricky financial situation for Denver, which recently matched the Oklahoma City Thunder's two-year, $12 million offer sheet for sharpshooter Spencer Jones. The Jones move brought the Nuggets into the second apron, so they'll reportedly have to do some roster shuffling to be able to extend Watson.
If Watson and the Nuggets can't make it work, he'll have plenty of suitors. The only holdup is apparently the Nuggets' asking price. Denver is reportedly requesting two first-round picks in exchange for Watson, who took a massive leap in Year 4 but is still relatively unproven.
Watson averaged 14.6 points and 4.9 rebounds while shooting 41.1% from 3 last season. The 23-year-old has steadily improved each year, becoming a trusted NBA role player after hardly playing as a freshman at UCLA in 2021-22.
The Milwaukee Bucks, Atlanta Hawks and Los Angeles Clippers have reportedly expressed interest in a sign-and-trade for Watson. Los Angeles has long been a rumored destination for the 6-foot-8 guard, as the Clippers are undergoing somewhat of a youth movement following Kawhi Leonard's (likely) departure.

#ucla

The St. Louis Cardinals entered Monday night's game against the Chicago Cubs with an urgent need to turn their recent downward spiral around. The Chicago Cubs and specifically their bats seemed determined to not allow that to happen.
Matthew Liberatore started the game for the Cardinals who planned to piggyback his start with Hunter Dobbins for the final half of the game. David Peterson, who the Cardinals hit hard in their last encounter, made that seem like a distant memory as he held St. Louis and their struggling offense to a minimum of opportunities.
The Cubs scored on Matthew Liberatore in each of the first 3 innings. In the top of the 1st inning, Liberatore walked Pete Crow-Armstrong, but then picked him off of first to the delight of the "Tarps Off" crowd in right field. Chicago got the last laugh, though, as Suzuki and Bregman hit back-to-back doubles giving the Cubs a 1-0 lead.
Chicago would score again in the top of the 2nd inning as Nico ****** ner led off with a single. After Ian Happ struck out, Dansby Swanson singled giving Chicago runners at first and second with just one out. Amaya then smacked a single to right doubling the Cubs lead to 2-0.
The Cardinals would get one run back in the bottom of the 2nd inning when José Fermín would become the Fermínator muscling up for a 407 foot shot into Big Mac Land reducing the Cubs lead to 2-1.

#liberatore #game #lead

Media coverage around Indiana Fever point guard Caitlin Clark has been unlike anything the league has experienced since she entered the league as the numer once overall pick in the 2024 WNBA Draft.
Clark has proved to be a lightning rod that goes well beyond sports to wade into culture wars. NBA commissioner Adam Silver even went as far as to say that the sharpshooter has been unfairly made into a "political football."
On Wednesday, the next arc in the insane saga of Clark's coverage occurred. USA Today columnist Nancy Armour wrote a column **** led "Caitlin Clark's flopping isn't just annoying — it's becoming dangerous."
Armour sets the tone from the very beginning.
"Indiana Fever All-Star Caitlin Clark and her enablers must take the rest of us for idiots," she opens with.

#caitlin #WNBA

Golden State Warriors legend Stephen Curry isn't eligible for the Naismith Basketball Hall of Fame just yet … but he's going to be honored by the establishment anyway. Curry will become the first-ever current player to receive his own exhibit at the Hall of Fame, it announced Tuesday.
The exhibit, ***** led "Stephen Curry: Beyond the Arc," will focus on — of course — Curry's prowess from 3-point land. Fans hoping to see the exhibit won't have to wait long, as it opens July 24.
The exhibit is quite the honor, as no other current player has ever received an experience at the Naismith Basketball Hall of Fame. There are probably a few reasons for that, one of which being the Hall perhaps doesn't want to highlight a player not currently enshrined.
While that's technically the case for Curry, he's essentially a shoo-in to be inducted on the first ballot. As the Hall's tweet states, few players in the current era have " inspired a generation" like Curry.
The sharpshooter is the all-time leader in 3-pointers made and attempted. He's also the all-time leader in free-throw percentage, sitting at 91%. In addition to that, he's a 12-time All-Star, 11-time All-NBA selection, two-time scoring champ, two-time MVP and four-time champion. That resume screams first-ballot Hall of Famer … it's not really a question.

#fame #player

London City Lionesses have completed the signing of France international Kadidiatou Diani from Lyon.
Diani, 31, has joined on a three-year deal through to 2029.
She becomes the latest high-profile addition London City have made this summer, following the arrivals of two-time Ballon d'Or winner Alexia Putellas, her Spain team-mate Mapi Lyon, and former England goalkeeper Mary Earps.
"It's an independent club and very ambitious," Diani said in a club press release. "It's something which is quite rare in women's football and something I believe in a lot.
"We don't necessarily need to depend on a men's club to compete at the highest level, win ****** les and have a lot of success. I believe in the project."

Chelsea are in advanced talks over a transfer for Manchester United forward Melvine Malard.
Talks are taking place between the clubs over a deal which would be worth in the region of £850,000 plus add-ons, with personal terms not expected to be an issue.
It would represent a club-record sale for United and the highest fee a women’s club has received for a player with a year left on their contract.
The 26-year-old is entering the final year of her contract and it had become increasingly clear that an agreement over renewed terms would not be reached.
United were keen to not lose a high-value player on a free transfer having done so in previous windows when Alessia Russo and Mary Earps both left the club.

It’s the second ring of Landry Shamet’s summer. Fresh off of helping the Knicks win their first championship in 53 years, the sharpshooter has sparked engagement rumors as his partner Cameron Aimonetti was pictured in photos obtained by The Post with some new jewelry on her ring finger. The couple was pictured relaxing on the Amalfi Coast in Italy, with Aimonetti wearing a large rock on her left hand.
New York Post
This article originally appeared on Hoops Hype: Fresh off of helping the Knicks win their first …

76ers officially beat out Lakers, Spurs for $38 million ex-Cavaliers elite defender originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
When it's all said and done, it isn't far-fetched to suggest the Philadelphia 76ers will have a strong case for being crowned one of the biggest winners of the offseason.
In addition to adding Jaylen Brown to the fold in shocking fashion, the 76ers signed former Boston Celtics sharpshooter Anfernee Simons to give them an electric second-unit scorer with valuable experience in a large NBA market.
Philadelphia also brought $38 million (career earnings) ex-Cleveland Cavaliers elite defender Dean Wade on board.
The Kansas product was reportedly linked to contending organizations such as the Los Angeles Lakers and San Antonio Spurs, but the 76ers ultimately closed the deal on June 30 Philadelphia finalized the transaction on Monday.

Lakers officially cut ties with underwhelming 6-foot-10 ex-Mavericks sharpshooter originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
An underwhelming 6-foot-10 former Dallas Mavericks sharpshooter's short stint with the Los Angeles Lakers is reportedly over.
According to HoopsHype's Michael Scotto, the Lakers are cutting ties with the 34-year-old veteran by renouncing his free agent rights.
The Los Angeles Lakers have officially renounced the free agent rights to LeBron James, Carmelo Anthony, Dwight Howard, Dion Waiters, Luke Kennard, Marcus Smart, Maxi Kleber, Nick Smith Jr, Jared Dudley, Avery Bradley, Jaxson Hayes, Markieff Morris, and Wayne Ellington.
Kleber, who joined the Lakers with Luka Doncic on Feb. 2 2025, via a mind-blowing trade with the Mavericks, didn't appear in a game with Los Angeles due to a right foot fracture. Due to a quad injury suffered during the beginning of training camp, the Wurzburg, Germany native missed the start of the 2025-26 season.

The NBA offseason can turn unforeseen scenarios into realistic possibilities, particularly after a frenzied start to free agency.
At this point, one four-time NBA champion’s future remains unsettled, prompting a league insider to advise teams to keep a close eye on the situation.
Klay Thompson’s future with the Dallas Mavericks appears uncertain as he tries to compete for his fifth ****** le. As the Mavericks continue their rebuild around Cooper Flagg, the 36-year-old sharpshooter could eye a better win-now destination.
Speaking at the NBA Summer League in Las Vegas, insider Marc Stein shared intel on what the future could hold for Thompson.
”I’ve also fielded questions, ‘Is Klay a buyout candidate?’ To this point, as much has been relayed to me is that I think the Mavs’ preference would be a trade. It’s still early enough in the summer that I think if you’re the Mavs, you would exhaust those options first, but we’ve gotta keep an eye on it,” Stein said.

When the city of Cincinnati was founded, the Passenger Pigeon was so numerous that a passing flock could blot out the sun. By 1907, the entire species was reduced to a single bird, residing at the Cincinnati Zoo. Tonight, offense faced a similar extinction, felled by merciless pitching.
Brady Singer, the Cincy starter, sent his foes down in order in the first on just 12 pitches; Jesús Luzardo, not to be outdone, did it in five. Singer allowed a hit (double, Bryson Stott) in the second, but incurred no further damage. Jesús Luzardo, again not to be outdone, allowed a less damaging hit (single, Tyler Stephenson), and incurred no further damage.
The pitchers’ duel remained in full effect through the fourth, neither team plating a runner. Those who like offense were briefly teased in the bottom of the fifth as a runner advanced as far as third via walk, groundout, and single— but it came to naught. Three hits, two from the Redlegs and one from the Phillies, were all that the game produced through five. And the Phillies had no more through six. The Phillies were getting sent back to the dugout faster than a Cincinnati chili parlor can dish up a bowl.
Speaking of dishing, Luzardo kept dishing out Ks. He had ten through six, and the Reds batters were left as bereft as a Bengals fan after any season in their recorded history.
Kyle Schwarber opened up the seventh with a hit, singling to center. The spirits of the Philadelphia faithful began to stir. Schwarber on base, Bryce Harper coming up next. Those names spell doom for pitchers as sure as the Ohio River flows to the southwest. But it was not so tonight; Harper grounded into a double play. The fans, perhaps getting a bit stir crazy, began to chant “take it off”, that “tarps off” thing in action. The fans must’ve decided to wear as many shirts as the two teams had runs. In a ***** le attempt to get some shirts back on, Brandon Marsh singled, and Alec Bohm got hit by a pitch, and the Phillies had something going with two away. But it soon ended with a fly out.

Rivian stock sank on Tuesday morning reversing a couple days of strong gains and continuing its recent sawtooth action of sharps gains followed by quick losses. Investors were also reacting to news that the electric vehicle maker would sell shares on the public markets.
Late Monday, Rivian said it planned to sell up 75 million shares of common stock, mostly to pay back a loan from the Department of Energy. The underwriters in the deal include top Wall Street firms such as Goldman Sachs (GS), Barclays (BCS), JP Morgan (JPM), Wells Fargo (WFC), Morgan Stanley (MS) and Allen & Company.
As part of the public offering, Rivian will grant the underwriters the option to purchase 11.25 million additional shares within 30 days.
Rivian stock continued falling early Wednesday morning, having slipped more than 4%. It had tumbled 18% on Tuesday, according to MarketSurge. Tuesday's slump canceled out all of 16% Rivian's gains from the previous two sessions. The stock had rallied 38% from its June 24 close.
Stock Market Today: Tech Futures Slide, Nasdaq 100 Adds **** eX

76ers officially outbid Warriors for 6-foot-3 ex-Celtics sharpshooting guard originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Following the Philadelphia 76ers' blockbuster trade for Jaylen Brown, two roster needs became clear for the franchise: a game-changing starting power forward and the perfect second-unit wing scorer.
While the 76ers are still working on finding a high-caliber PF whom the organization could easily slot into their starting lineup, they succeeded in outbidding the Golden State Warriors for dynamic 6-foot-3 ex-Boston Celtics sharpshooter who's destined to deliver the goods for Philadelphia off the bench.
The 76ers officially announced the deal on Monday.
" Philadelphia 76ers President of Basketball Operations Mike Gansey announced today that the team has signed Anfernee Simons," the franchise stated.

Last season was a massive disappointment for the Kentucky Wildcats basketball team. They struggled against power conference teams, and suffered several blowout losses, including a second round NCAA Tournament loss to Iowa State where they weren't competitive. It was one of the worst seasons in recent school history, and one fans are hoping not to repeat this coming year.
To that end, coach Mark Pope went out and rebuilt the roster, adding players who fit what he wants to do, and who have lots of potential. He also landed one of the transfer portal's best players in sharpshooter Milan Momcilovic.
The addition of Momcilovic, along with Alex Wilkins, Zoom Diallo, and others, resulted in Kentucky's transfer class being ranked as the third best in the country. That ranking has led to CBS Sports calling the Wildcats one of 25 teams who are national championship contenders.
Since 2018, per their report, every national champion has had either a top 20 recruiting class, a top 20 transfer class, or returned their top scorer. Obviously, Kentucky qualifies for the list based on their transfer class.
That terrific group of transfers joins returning talents like Kam Williams, Malachi Moreno, and Braydon Hawthorne to make up what could be Pope's most complete team yet. Kentucky hasn't been a true championship contender since well before John Calipari left, and Big Blue Nation is desperate to change that. Could this be the year they make a deep run in March? CBS Sports thinks they can.

Rui Hachimura has agreed to a two-year, $28 million contract with the Los Angeles Clippers, according to ESPN’s Shams Charania, as the sharpshooting power forward — one of the top players at his position in the 2026 free-agent class — lands a lucrative new deal.
Charania reported that the two sides attempted to pursue a sign-and-trade with the Lakers, but the Lakers did not cooperate on a deal.
Drafted by the Washington Wizards ninth overall in 2019, Hachimura joined the Los Angeles Lakers in a trade midway through the 2022-23 season and turned into one of their most productive players over the ensuing years — a pitch-perfect role-playing big wing capable of comfortably slotting in alongside stars like LeBron James, Anthony Davis, Luka Dončić and Austin Reaves thanks to his combination of size and knockdown perimeter shooting.
Hachimura, 28, has made more than 40% of his 3-pointers in each of the last three seasons. Most of those launches have come while stationed off the ball, awaiting a kickout from a teammate: Hachimura is one of just 26 players in the NBA last season to make at least 100 catch-and-shoot 3-pointers and to knock down at least 40% of those looks, and one of just nine players to do it in each of the last two seasons (AJ Green, Isaiah Joe, Kevin Durant, Max Christie, Nickeil Alexander-Walker, Payton Pritchard, Royce O'Neale, Trey Murphy III).
The former Gonzaga standout has developed into one of the most efficient complementary offensive pieces in the league, ranking in the 80th percentile or better in spot-up scoring efficiency three years running, according to Synergy. He's not solely a standstill shooter, though, with the speed to fill the lane in transition, the touch to knock down pull-up jumpers in the midrange when the defense gives it up and the athleticism to drive a closeout and finish at the rim.

Utah Jazz forward Svi Mykhailiuk delivered another impressive performance for Ukraine as the team continued its FIBA World Cup Qualifiers campaign. This time, Mykhailiuk led Ukraine to a convincing 99-69 road win over Denmark. The 29-year-old sharpshooter put on an outstanding display, finishing with 30 points (9/16 FG, 6/10 3PT, 6/6 FT), 4 rebounds, and 5 ****** ists to guide his team to a big away victory.
This article originally appeared on Hoops Hype: The 29-year-old sharpshooter put on an outstanding …

Marc Stein: Expanding on a subject we covered earlier today on DLLS_Mavs: The Mavericks will next week officially acquire the draft rights to Tarik Biberović and have opened discussions with his representatives about potentially bringing the sharpshooter to Dallas as early as next season, league sources tell TheSteinLine. Biberović stars for Turkish power Fenerbahçe and sources say his contract includes a $2 million buyout. The most that the Mavericks can contribute to a buyout is $900,000, so any eventual contract factors into the player's ability to cover the rest.
x.com
This article originally appeared on Hoops Hype: The Mavericks will next week officially acquire the …