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xyhdiggadgetdrift
1 month ago
Investors are largely in agreement that most of Berkshire Hathaway's (NYSE: BRKA) (NYSE: BRKB) stock holdings are solid picks. Every now and then, though, one of its selections raises a few eyebrows.
That's what happened when Berkshire bought 3 million shares of department store chain Macy's (NYSE: M) in the first quarter of this year. Most people appreciate that the struggling company owns a real estate portfolio that may well be worth more than the organization's current market cap of just under $6 billion. To unlock that value, however, the company would need to take on the expensive -- and business-destructive -- headache of winding down at least some of its existing retailing operations, perhaps undermining the value of that real estate in the process.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
But maybe Berkshire Hathaway isn't looking at what's since grown to a 7.4 million share/$162 million stake in Macy's as a real estate bet after all. It could be a legitimate turnaround play.
This premise could be difficult to digest given the so-called retail apocalypse that's been underway since the advent of e-commerce. And, anyone who's been keeping close tabs on the brick-and-mortar retailing industry's struggle probably knows that department store chains' revenue peaked in the early 2000s, and has been dwindling ever since.

#real
xiztkyvuntdcnwe
1 month ago
Bitcoin's most violent rally of its two-year drawdown wasn't powered by fresh bullish bets. It was powered by bears getting crushed, according to a new report from ******* ytics firm Glassnode and crypto exchange Bybit.
Over five days in August, Bitcoin climbed 24.6% even as coin-denominated open interest, a measure of active leverage, fell 12.6%, the report found. That combination is the tell: rather than traders piling into new long positions, the move ran on the forced unwinding of existing shorts.
Roughly 64,000 BTC worth of open interest was closed out, and short positions supplied 89% of every liquidated dollar during the stretch.
The options market told the same story. Puts, the contracts traders buy to protect against a fall, had priced richer than calls for 361 straight days. A single session ended that run, flipping roughly a year of downside positioning as the market scrambled to reprice.
Bybit's own volatility index traveled four times its normal daily range in one session, and the front of the futures curve repriced sharply while longer-dated contracts barely moved, a sign the market read the move as a one-off event rather than a lasting regime change.

#interest
W6TtydAsh2
1 month ago
HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services.
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.

#german
joqed34
1 month ago
For those of an earlier generation, ******* an and football had one connection: the adventures of Captain Tsubasa, known as Oliver Hutton in the West, the fictional young striker who would go on to play in Brazil before moving to Europe. The cartoon became a reality with Hidetoshi Nakata, the distinctive and talented attacking midfielder who made his name with Perugia and won the Scudetto with Roma, paving the way for a wave of ******* anese players in Serie A at the turn of the millennium. One of them even made his way to Milano, via Emilia-Romagna.
Yuto Nagatomo, the last ******* anese player in the history of the Nerazzurri, and also the first, turns 40 today.
He arrived through one of those winding transfer routes, in a loan swap with Cesena in January 2011. Davide Santon went to Emilia-Romagna, while Inter welcomed a ******* anese full-back who was barely 1.70 metres tall, and powered by seemingly endless batteries that always left him with more energy than everyone else. Seven of his first nine goals for Inter came in the final half-hour, when he was still charging forward. The secret? Umeboshi. ******* anese salted plums, a great remedy for fatigue. He ate them before every game. It was also the result of a thoroughly Eastern discipline, combined with a football education that arrived slightly later than usual. Yuto did not come through the academy at a major club. He played football at school until he was 20. At first, this was a tactical limitation; later, it became a strength. He moved in ways which were neither conventional nor codified, which led him into extreme situations. He would, for example, end up in the opposition box, more often than you might expect, even scoring a header at Marassi in 2011. It was the kind of game you can picture, with Nagatomo scoring 1-0, despite almost always being the shortest player on the team. Or right on the edge of the box, as in Turin the following year, when, at the end of a scrappy but determined move, he set up Rodrigo Palacio for Inter's final goal in a 3-1 win away to Juventus, their first victory there in nine years. Or when he had the courage, or perhaps the recklessness, to take the decisive penalty; Inter vs Pordenone, a one-off Coppa Italia tie, an astonishing 0-0 after 120 minutes. It was the ******* anese player who spared Inter the embarrassment in a half-frozen San Siro, called upon by the entire stadium to take the final penalty. "Yuto, Yuto, Yuto." It was an inevitable goal which secured a place in the next round.
Nagatomo really did become Captain Tsubasa, both because, like the hero of the manga and anime, he made it to San Siro, and because he actually appeared in the manga, or rather, in Holly and Benji. In 2019, he even dubbed himself. Because sometimes it is hard to tell fantasy from reality.
Happy Birthday, Yuto-San.

#Inter #even #final
spinecho
1 month ago
Keely Hodgkinson made serene progress into the 800m final at the inaugural World Athletics Ultimate Championships in her first race back since taking silver at last month's European Championships.
The 24-year-old skipped the final rounds of the Diamond League and the Final in Brussels last week due to discomfort in her hamstring but looked relaxed and comfortable as she clocked the quickest time of the two semi-finals, 1:57.57.
As usual Hodgkinson led from the front before winding things up in the closing 200m, finishing well clear of American Addison Wiley in 1:58.14 and Australia's Sarah Billings, who clocked 1:58.37.
There was drama as Veronica Vancardo was accidentally brought down by Eloisa Coiro as the Italian attempted to edge past on the inside in the closing straight, with Hodgkinson and the other runners going to console the Swiss athlete, who appeared badly hurt. Officials later advanced her to the final after reviewing the footage and deeming she was tripped.
Hodgkinson told BBC Sport: ""I'm happy with that, I'm glad to be back running. It was a lot of fun. It's been a month since I last raced so it's nice to get that run out through the legs, hopefully go a bit better tomorrow."

#championships #closing #keely #World
crashj
2 months ago
Demand for artificial intelligence (AI) is growing and creating massive opportunities for companies with the compute capacity to run training and inference workloads.
Iren (NASDAQ: IREN) has traditionally used its compute capacity to mine Bitcoin, but the company has pivoted from cryptocurrency mining to providing cloud services to help technology companies manage workloads.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Iren is winding down its Bitcoin operations by the end of this year and leaning fully into managing AI workloads. With the stock trading down about 37% from its 52-week high, is now a good time to buy? Let's dive into the business and opportunity ahead to find out.
For years, Iren focused on mining Bitcoin using ASIC (custom integrated circuit chips built for a specific task rather than general computing) hardware. However, the company is undergoing a massive strategic shift, redirecting its computing infrastructure toward AI cloud services.

#iren #NVIDIA #company #flashing
vaguelymoodyedc90864
2 months ago
By Ankur Banerjee and Rocky Swift
SINGAPORE, Sept 8 (Reuters) - A blistering rally in the ******* anese yen ahead of an expected interest rate hike from the Bank of ******* an next week is upending the long-established and lucrative carry trade, as investors rethink the path ahead for the volatile currency.
Early hints of capital repatriation and expectations of a faster pace of monetary tightening by the BOJ along ‌with U.S. pressure are combining to boost the yen, which hit 40-year lows in July, triggering a joint U.S.-Japan intervention.
The spike is also spurring an unwinding of the popular carry trade, which involves borrowing yen ‌at a low cost to invest in other currencies and ******* ets offering higher yields, as traders brace for central bank meetings in ******* an and the U.S.
"The carry trade is vulnerable because this unwind is happening before the BOJ has even delivered its expected hike," said Charu Chanana, chief investment strategist at Saxo.

#bank
compassszd
2 months ago
By Dhara Ranasinghe, Rae Wee and Atsuko Aoyama
LONDON/SINGAPORE/TOKYO, Sept 4 (Reuters) - Six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally smoke out traders who have spent years betting against the ****** anese currency.
While central bank rate hikes and record currency intervention have failed to provide lasting support for the ‌yen, new tailwinds from capital repatriation, unwinding carry trades and U.S. political pressure are now giving short speculators cause to rethink their long-term game.
The yen is on track for a roughly 2% surge against ‌the greenback this week — the most since a rare joint U.S. and ****** an intervention at the end of July to lift the yen.
"The market psychology around the yen appears to be changing," said Rong Ren Goh, a fixed income portfolio manager at Eastspring Investments. "Investors seem increasingly reluctant to aggressively short the JPY (yen), particularly with the prospect of a BOJ rate hike in September adding another layer of risk to the trade."

#currency #dhara #ranasinghe
mioxwupvpxh
2 months ago
JACKSONVILLE — Ty Sims got his first collegiate interception with Jacksonville State football on Saturday.
With time winding down in the first quarter, Sims extended and grabbed an interception at the 10-yard line. He stumbled to the ground before getting up and returning the pick 84 yards to the Gamecocks ' five-yard line, after almost getting in the end zone.
The return was called back due to a block in the back but the Gamecocks were able to march down the field as Caden Creel found Jamill Williams for the third time on Saturday, this time a 30-yard connection. The Gamecocks led 21-0 with 11:30 left in the second quarter before the game entered a weather delay.
Sims was an all-state selection at Gadsden City, scoring five touchdowns and seven tackles on the year. He appeared in the North Dakota State game but did not record any stats.
Maxwell Donaldson covers high school sports, Jax State athletics, the outdoors in Alabama and more for the Gadsden Times and USA TODAY Network. Find him on Twitter/X _Max_Donaldson and contact him at MDonaldsonusatodayco.com.

#saturday #first
megayfw
2 months ago
The summer holidays have drawn to a close for another year, which means school is back in session for children across the nation – including the youngest members of the royal family.
It's now about that time when the post-holiday blues start to kick in as kids – and parents – delve back into routine school drop offs, lunch prep and homework after six weeks of unwinding.
Ever since he was a child, King Charles has spent his summer break relaxing in the Scottish Highlands at the royal family's residence in Balmoral. It's been a spot beloved by the monarch for decades, and a five-year-old Charles once looked so forlorn to be leaving Scotland in an old archival photo taken 72 years ago.
A young King Charles on the Royal Train ahead of his return to London on 31 May 1954. (@ Getty Images)
The young royal was pictured on board the Royal Train on 31 May 1954 ahead of his return to London after the family's holiday at Balmoral Castle came to an end. Charles looked very smart in a shirt and tie with his hair combed to the side as he stared out of the window without a hint of a smile.

#balmoral
tR0LY
2 months ago
Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are two of the largest cloud computing providers. But which one of these hyperscalers makes for the better buy? I think there's one key metric that separates the two firms, and once you recognize it, it will be hard to consider investing in the other.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In terms of market share, Amazon Web Services (AWS) is the largest cloud computing provider in the world, with Microsoft Azure coming in second. That makes both firms very important, but of the two, it's pretty clear Amazon is growing at a faster pace.
At first glance, that **** ysis seems wrong. In their latest quarters, Azure grew by 43%, while AWS grew by 37%. But that's not what I'm talking about.
I'm looking more at the trend lines, and it's clear that AWS' growth is accelerating rapidly. During Q1, AWS's growth rate was 28%. In Q4 2025, its growth rate was 24%. Rewinding to Q3 2025, its growth rate was 20%. That's some rapid acceleration over the past year, and considering Amazon is still pouring hundreds of billions of dollars into expanding its cloud computing capacity, I won't be surprised to see AWS' growth rate continue to accelerate over the next few quarters.

#computing
jnblhyvtbm
2 months ago
Sept. 4 (UPI) -- Kentucky Downs' really big-money races and some hot events for 2-year-olds compete on the weekend horse racing calendar that also includes a foreign docket -- the Arc previews in France, the start of Hong Kong's season and Korea's biggest day of horse racing.
Turf
Ryan Moore makes a first-ever appearance at Kentucky Downs on Saturday with his best chance to snag a winner, Causeway, in the $3 million Grade II Nashville Derby.
The Wootton Bassett colt won four straight races for Coolmore and trainer Aidan O'Brien before finishing a distant seventh in the Group 1 Grand Prix de Paris in his last start, which came on soft turf.
Three other tough foreigners are here, and the locals frankly look outgunned. But anything can happen over 1 3/16 miles on the winding, undulating course.

#downs
ncpvqgvvn
2 months ago
The hours are quickly winding down to UFC Fight Night 287 which marks the promotion's fourth-annual stop in Paris.
It will be a big night in France, with local favorite and former KSW champion Salahdine Parnasse (23-2 MMA, 0-0 UFC) set to make his octagon debut in the main event when he tests his skills against the self-proclaimed "gatekeeper to the top 10" at lightweight in Dan Hooker (24-14 MMA, 14-10 UFC).
The critical five-round showdown at 155 pounds is grabbing most of the attention, but there's plenty more going on during Saturday's card at Accor Arena (Paramount+), particularly the potential UFC finale of Michael Page (25-3 MMA, 4-1 UFC), who fights the last bout of his contract in a middleweight featured contest against Nursulton Ruziboev (37-9-2 MMA, 5-1 UFC).
The help prepare for the card, MMA Junkie reporters Mike Bohn and Farah Hannoun will preview the top storylines, angles and more before UFC Fight Night 287.
This article originally appeared on MMA Junkie: Video: UFC Paris live preview show with Farah Hannoun, Mike Bohn

#night #hannoun #preview
tiny11
2 months ago
During the August 31 episode of Mad Money, Jim Cramer addressed shifting market dynamics, highlighting how the fallout from heavily crowded hedge fund positions was finally unwinding. Turning his attention to a heavily shorted stock on Wall Street, Cramer pointed to Moderna, Inc. (NASDAQ:MRNA) and explained why skeptics were forced to rethink their thesis. He stated:
Now, I don't want to say that Situational Awareness, again that's the hedge fund, has disappeared. The fund still has some ******* ets. Still, the fallout from its collapse does finally seem to be unwinding. Still, when you look at the 10 best and worst performers for the month, they're stark in their themes that include the unwind of the Situational positions. Let's go over the winners first. First, let's start with a heavily shorted stock known as Moderna. Yes, there was a huge bet being made against these guys. Skeptics believed that its technology would never produce the breakthroughs that the bulls expected and were initially promised when the company came public. But this month, that's exactly what we got. See, working with Merck, Moderna's developed a vaccine for those who have beaten melanoma once. Now, this, my friends, is miraculous. So, it got a miraculous welcome. Do you know what? I think this could still have a huge potential to go higher.
The basis of Moderna, Inc.'s (NASDAQ:MRNA) recent transition is its co-development partnership with Merck. Together, the companies advanced an mRNA-based personalized cancer vaccine designed to prevent melanoma recurrence in patients who have already beaten the disease once.
Beyond oncology, Moderna has worked to diversify its commercial footprint. Management has navigated a sharp post-pandemic revenue drop by tightening operational controls, tightening operating costs, and maintaining a solid cash cushion of $6.9 billion.
Despite the enthusiasm surrounding its cancer pipeline, Moderna, Inc. (NASDAQ:MRNA) remains a high-risk bet. The company continues to post substantial net losses, reporting a quarterly net loss of nearly $0.8 billion, along with heavy research expenditures needed to push its pipeline forward.

#NASDAQ #heavily #fund
glyphlax
2 months ago
During the August 31 episode of Mad Money, Jim Cramer examined the sharp rotation back into enterprise software following the forced unwinding of bearish hedge fund positions. Mentioning Veeva Systems Inc. (NYSE:VEEV) and Salesforce, Inc. (NYSE:CRM) as examples of sector leaders, he commented:
Situational Awareness just despised enterprise software and Veeva Systems, number three, up 40%, is enterprise software writ large for the healthcare industry. I think it's bounced back in conjunction with all the other enterprise software companies that Situational Awareness believed would be destroyed by AI that haven't been. Once that hedge fund blew up, the whole group came roaring back as Situational was no longer there to put pressure on them. Hey, Salesforce had a similar rally, up nearly 40%. Now, here's one that openly took on the short sellers first with rhetoric and then with numbers which have not been hurt at all by… the SaaS-pocalypse. His blowout quarter obliterated the shorts. I don't think they still know what hit them.
For months, bearish macro funds aggressively shorted enterprise software providers, on the belief that emerging artificial intelligence platforms would easily replicate proprietary workflows and trigger severe pricing compression.
Salesforce, Inc. (NYSE:CRM) and Veeva Systems Inc. (NYSE:VEEV) proved the exact opposite. Salesforce showed that autonomous enterprise features act as expansion engines. Similarly, Veeva Systems, which powers critical clinical and commercial operations for the heavily regulated life sciences sector, integrated advanced data capabilities directly into its platform. Rather than cannibalizing software licenses, artificial intelligence features reinforced the massive switching costs embedded in both platforms.
Despite solid execution, market skeptics continue to scrutinize the growth limits and valuation multiples of both companies. Salesforce, Inc. (NYSE:CRM) trades at a forward P/E of 19x, showing market hesitation over macroeconomic budget tightening and the necessity for the company to rapidly monetize its heavy artificial intelligence investments.

#salesforce #situational #artificial #intelligence
ce_su7
2 months ago
By Ahmad Ghaddar and Olesya Astakhova
LONDON, Sept 2 (Reuters) - OPEC+ is likely to keep its oil output policy unchanged for October at a meeting on Sunday, three ‌sources close to the matter told Reuters, as the producer group completes the ‌unwinding of one layer of production cuts this month and turns its focus to 2027 quota negotiations.
The meeting comes as the Iran war continues to disrupt oil exports through the Strait of Hormuz, reducing OPEC+'s influence over prices and market share. Unlike in the past, the group's supply decisions now have a more limited impact on the market.
Sunday's meeting will involve seven core OPEC+ members: Saudi Arabia, Russia, Iraq, Kuwait, ‌Algeria, Kazakhstan and Oman. The ⁠countries have been raising monthly production quotas for most of this year. Their online meeting is expected to begin at 1100 GMT, two of the ⁠sources said.
In practice, however, actual output has lagged the planned quota increases as the wars in Iran and Ukraine disrupted exports from the Gulf, Russia and Kazakhstan.

#opec #meeting #kazakhstan #production
2hack_mildly
2 months ago
ST. PETERSBURG, Fla. — Throughout Jared Young's nine-year journey in pro ball, a winding path featuring a stop in Korea and more than 2,500 at-bats in the minor leagues, the belief that he would one day thrive in the big leagues never wavered.
To Young, it was only a matter of time. He's been waiting for an extended opportunity at this level and knew he'd be ready to take advantage whenever he got that chance.
"I always fully believed it," Young told NJ.com this week at Tropicana Field. "You just gotta keep believing in yourself and keep playing because there's a ton of good players that have opportunities and rightfully so, so when you get yours, you just gotta be ready for it."
With a runway of playing time this season in a Mets uniform, Young has capitalized in a big way. The 31-year-old is hitting .265 across 91 games with eight home runs, 16 doubles and 35 RBI. Other than Juan Soto, who is in his own category offensively, Young is tied with rookie phenom Carson Benge for the highest OPS among all active Mets (.758).
"This is where talent and character finally ran into opportunity," Mets interim manager Andy Green said recently. "Opportunity just never met him before, and it's finally there for him. We're getting to see who he is ... and he's been everything we could hope for."

#young
ZYdNiBRRr
2 months ago
Ebbsfleet United will be able to start their season on Saturday after the National League lifted the club's suspension.
The Kent club had their first six National League South games postponed while they addressed ongoing financial issues, which had led His Majesty's Revenue and Customs (HMRC) to issue a winding-up petition over unpaid debts going back to April.
A takeover of the club last month, by new owner John O'Leary, allowed Ebbsfleet to fully pay HMRC and players.
"We would like to thank everyone for their patience and understanding, as well as our players and staff for their exemplary conduct through this difficult period," the club said on Wednesday.
Ebbsfleet have been handed a suspended six-point deduction by the league's compliance and licensing committee, which will be triggered should they fail to comply with as yet unspecified "obligations".

#players #Kent
fluxmixru
2 months ago
Stephen Curry is confident he will be playing for the Warriors until he retires originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Since 2009, Stephen Curry has been the star player for the Golden State Warriors. He has been the franchise's most successful superstar, as he has been the driving force for all four of their championships from 2015 to 2022. It is a legendary tenure for any player, but especially because Curry continues to be excellent through the years.
Of course, Draymond Green has been with him since 2012, as they are the duo that continues to play for the Warriors. Despite Green's presence, everyone can agree that Curry is the foundational piece. Now, he is in the twilight years of his career, and it seems he will continue to play for the Warriors until the very end.
Since Curry's career is winding down, there are a lot of people who want him to make a move for a last-gasp opportunity to win a championship. Adding one more championship to his four rings would likely cement his status as the best point guard of all time.
However, it seems Curry wants to stick with the Warriors and fight with whatever the front office decides. That is a bit unfortunate because the Warriors are quite far away from a championship when compared to the Oklahoma City Thunder and the San Antonio Spurs.

#curry #since #until #four
W3lDlYLYnx
2 months ago
In a bit of a surprise move with the regular season winding down, the Mets have placed outfielder Luis Robert Jr. on waivers, SNY MLB Insider Chelsea Janes confirmed.
If Robert were to be claimed by another team, they would pick up the remainder of his contract. But it is not guaranteed that he will be claimed. Saturday is also the last day you can take someone on waivers and have them be postseason eligible
Robert has a team option worth $20 million for the 2027 season, making it unlikely the Mets were going to pick it up. Robert also has about $3 million remaining on his 2026 salary and a $2 million buyout for the 2027 option, MLB.com's Anthony Dicomo notes.
The 29-year-old has a had a rough first season with New York after being acquired in January from the Chicago White Sox in exchange for Luisangel Acuña and RHP Truman Pauley.
Injuries continued to be a problem for him, as he landed on the 60-day IL at the end of April with lumbar spine disc herniation and didn't return until July 20.

#robert
QUQcYr0YCCf6U
2 months ago
Summer might be winding down, but fantasy football season is only beginning to heat up.
We have entered the busiest weeks of the year for fantasy drafts as the NFL preseason comes to a close. Millions of drafts will take place in the final two weeks before the regular season kicks off on Sept. 9, primarily because it eliminates the need to worry about in-game injuries during the preseason.
And if you didn't learn your lesson from the Andrew Luck shocking retirement in 2019, perhaps Ashton Jeanty's injury scare or Ja'Marr Chase's departure from practice was enough to do the trick in 2026.
Rosters are almost set and you'll never have more information ahead of the selection process than you do now – so pick carefully. After all, fantasy football rosters aren't too far off from a teacher receiving the class list before school begins. One way or another, this is your team until the season ends – for the most part.
Fortunately, you just have to worry about the drafting. We'll take care of the naming rights because in between the back-to-school rush and final summer vacations, it's the least we can do.

#Football #take
drift77
2 months ago
As we suggested Friday in our article about former Duke Blue Devil Mark Mitchell, the SEC's new rules about pros returning to college, and the transfer protocols in the SEC, the lawyers weren't done.
And that came to pass, first on Thursday, as one court in Texas granted a temporary restraining order in one case, and in another court in Louisiana on Friday, where a state judge temporarily stopped the league from applying its new rules.
Somewhat surprisingly perhaps, Arkansas coach John Calipari is strongly opposed to coaches taking players this late. He didn't specifically mention Mitchell and Kentucky, but that was bound to be part of his thinking. However, he has been pretty consistent about making players interests a priority during his career. He continues that here by noting that taking a player this late could correctly cause some trust issues.
He also pushed for the Protect College Sports Act currently winding its way through Congress.
It's all such a big mess. You wonder if much of it could have been avoided if the NCAA had pushed the five-year rule introduction back to 2026-27.

#college #rules #players
shinybaReLy662
2 months ago
With fall camp winding down and a hyper-challenging date with the Notre Dame Fighting Irish at Lambeau Field fast approaching, I want to take stock of my expectations for the 2026 Wisconsin Badgers by hitting some areas of both optimism and pessimism for this squad.
Before launching in, I want to be very clear that I believe this to be a better product on both sides of the ball than the 4-8 one we saw in 2025 (and with an easier schedule). No, that's not the highest bar, but it's a good place to start. The big question will be: how much better? I don't have a great grip on that right now, so I'll focus on some big themes to try and move us closer to the correct answer.
I Am Excited About The Cornerbacks
I've been telling anyone who will listen to me how much better I like the cornerbacks unit than the one the Badgers had in 2025, right down to the badly needed new coaching blood injected in the form of Robert Steeples.
The room is significantly deeper, faster, taller, and both more talented/more violent than last season's pedestrian version, with legitimate competition all over the place.

#cornerbacks
5kerne
2 months ago
The WNBA regular season is winding down, leading to a last push for making the playoffs, seedings and awards. And the conversation for WNBA MVP is heating up.
The Indiana Fever have a pair of candidates: the ever popular Caitlin Clark and the record-setting Kelsey Mitchell. They've each had their moments that have helped their cases. Mitchell on Thursday set a WNBA record for consecutive games scoring 20 or more points, one she advanced Saturday to 22 by scoring a game-high 25 points in the Fever's 109-102 loss to the New York Liberty.
The Fever (24-14) already have their ticket for the WNBA playoffs, and are battling for a homecourt spot as they sit fifth. But Aliyah Boston, the third of the big three, believes that her teammates don't need a viral campaign or a social media push to move to the front of the MVP conversation.
"I think if you look at the numbers they're putting out, both C and Kels, I feel like it's clear," Boston said. "I mean, teams guard them differently. They're sending everyone. They're throwing gem defenses, I mean, ball pressure is so different, and they're still putting up these numbers. So I feel like there's not really much of a campaign. I feel like when you just look at the numbers and you look at the way teams guard, it's clear as day."
Buy 2026 Indiana Fever tickets!

#feel #indiana #mitchell #boston
5buffer
2 months ago
McAnally-Hilgeman Racing's Tyler Ankrum didn't have the race he desired, but he still got his desired outcome.
Layne Riggs won the race, scoring his series leading sixth victory on the season. Riggs didn't win either of the stages, as those stage wins went to Spire Motorsports' Connor Zilisch. In addition to winning stages one and two, the Cup Series regular led 55 laps as well. While these two driver had impressive runs, most eyes were following the intense points battle between Tyler Ankrum, Stewart Friesen, and Jake Garcia.
Coming into the race, Ankrum held a 20 point lead over both Friesen and Garcia, however that lead dissipated from the drop of the green flag. Very quickly in stage one, Ankrum battled brake issues and ran outside the top 20 for most of the day. While he struggled, both Garcia and Friesen chipped away at his points gap, as they gained track position throughout the race through strategy.
As the laps were winding down, the battle between the three drivers was within a singular point. It seemed like each lap, everyone was unsure on who was going to win. Then with 6 laps to go, everything changed. Tricon Racing's Gavan Boschele lost control of his truck entering turn one. From there, chaos ensued.
Before the first overtime attempt, things were looking bleak. Ankrum was running in 27th, but crew chief Mark Hillman elected to stay out on the race track, while many cars came down pit road. This move put Ankrum inside the top 20, and gained him ten points over the other two competitors.

#friesen #garcia #laps #points
nphgplglolpfffa
2 months ago
ATLANTA, GA - JUNE 29: Jonny Venters #39 of the Atlanta Braves in the dugout during the game against the Arizona Diamondbacks on June 29, 2013 in Atlanta, Georgia. The Braves won the game 11-5. (Photo by Pouya Dianat/Atlanta Braves/Getty Images)
Legendary closer Craig Kimbrel's latest chapter in Major League Baseball has taken to yet another franchise, making it an even dozen across a 17-year career, but the former Atlanta Braves All-Star remains closely connected to the franchise where he became one of the most dominant relievers of his generation.
Kimbrel recently signed with the Kansas City Royals as he tries to continue a remarkable career, despite an increasingly winding path in and out of the majors.
"The Royals have finalized a Major League deal with veteran reliever Craig Kimbrel, and he was activated and available in their bullpen for Monday night's series opener against the Dodgers in Los Angeles," MLB.com's Ann Rogers and Jack Janes reported earlier this month. "One of the best closers in history, Kimbrel's 440 career saves ranks fifth on the all-time saves list, and he has a 2.67 ERA with 1,314 strikeouts in 884 appearances across his 17 seasons."
The best of Kimbrel's career resume was accumulated across a few different teams, but he was never better than he was with the Braves, where he emerged as a generational reliever.

#atlanta #across #kimbrel
rAW81
2 months ago
Back in the summer of 2024, Thompson's representatives had discussions with the Lakers about him winding up there. It would have made sense on several levels. Thompson has deep ties to Los Angeles. He spent much of his childhood in the city and still owns a home there. But one of the reasons Thompson chose the Mavericks over the Lakers was that he had concerns about Davis' availability, a source with knowledge of his thinking said.
This article originally appeared on Hoops Hype: One of the reasons Thompson chose the Mavericks over …

#Lakers #mavericks #davis #hoops
788trulydustybasic
2 months ago
When a high-profile investor suddenly exits a stock, people immediately ******* ume something is wrong with the company. In Sandisk's (SNDK) case, the opposite appears to be true. A new regulatory filing shows that Situational Awareness — the AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner — built a large position in Sandisk during the second quarter, making it one of the fund's biggest holdings at more than $5.6 billion. Then an AI-based selloff hit in July, and the fund took heavy losses, forcing Situational Awareness to offload much of its public portfolio to Ken Griffin's Citadel.
The forced selling helps explain part of the brutal July slide for Sandisk, as from late June to late July, SNDK stock's price essentially halved. But this says nothing about the company itself. The selling came from a fund unwinding under pressure, not from anything breaking inside Sandisk's business. If anything, the fundamentals have become even stronger. Sandisk recently posted the best quarter in its history, with revenue up 372% from a year ago and record gross margins.
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#sandisk #company #quarter
qohuqjhusre0283
2 months ago
China flooded the world with cheap solar panels a decade ago, driving Western competitors out of business. It did the same with electric vehicles, prompting tariffs from Washington and Brussels. In 2025, the pattern repeated with batteries. Chinese manufacturers who had built twice as many factories as the world needed slashed prices to keep them running, pushing stationary storage packs down to $70 per kilowatt-hour, 45% cheaper than the year before. The decline was steep enough to reshape what power companies pay for electricity during the most expensive hours of the day.
Chinese overbuilding was the biggest single force behind the price collapse, but it wasn't the only one. A shift toward cheaper battery chemistry, a crash in lithium prices, and a decades-long accumulation of manufacturing improvements all hit at the same time, each amplifying the others. On its own, any one of those forces would have pushed prices down gradually. Their convergence is what turned a steady decline into a collapse.
Cheaper batteries are good news for electricity costs and for the climate. But the conditions that made them possible are unwinding. Lithium prices have already rebounded, and the tariffs designed to counter China's trade practices are adding new costs of their own.
Chinese battery manufacturers spent the early 2020s building factories at a pace that ***** umed electric vehicle demand would keep surging. It worked for a while. By 2024, China produced enough battery cells — the basic units that store electricity and power electric vehicles — for every car sold on the planet that year. But global manufacturing capacity far outstripped what anyone needed. At roughly 2,600 gigawatt-hours, the world's factories could supply every battery the market demanded and still have enough idle capacity to outfit nearly every home in America with its own storage system.
Even as the surplus became apparent, manufacturers kept adding capacity through 2025. The world's battery factories nearly doubled their capacity to more than 4,000 gigawatt-hours of cells a year — more than four times what the market actually bought — with China accounting for more than 80% of the total.

#battery #capacity #manufacturers
2TZr9HoiW
2 months ago
Climate and energy solutions stock Carrier Global Corporation (NYSE:CARR) has taken a breather since its June 25 nearly 52-week high of $76.76, last seen flat at $62.73 today. The underlying $62.50 level has been a key level of support and resistance, however, while the shares are also nearing a trendline with historically bullish implications.
According to Schaeffer's Senior Quantitative **** yst Rocky White, CARR is trading within 0.75 times the 200-day moving averages' 20-day average true range (ATR), after spending at least 80% of the previous two weeks and 80% of the prior 42 trading sessions above that trendline. This setup has appeared six other times over the last decade, after which the stock was higher one month later 100% of the time, averaging an 8.1% gain.
An unwinding of pessimism amongst options traders could provide tailwinds as well. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Carrier Global stock's 10-day put/call volume ratio of 1.18 sits higher than 85% of readings from the past year.

#global

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