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WA economy still outpacing nation

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WA economy still outpacing nation

In the face of a national slowdown in economic growth, Western Australia’s domestic economy is remaining stubbornly strong, growing at 3.2 per cent across the year to the March quarter.

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Knicks Erase 14-Point Deficit, Top Spurs 105-95 in Game 1 of NBA Finals

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Jalen Brunson

SAN ANTONIO — Jalen Brunson scored 30 points, including a decisive fourth-quarter surge, as the New York Knicks overcame a 14-point deficit to defeat the San Antonio Spurs 105-95 on Wednesday night and take a 1-0 lead in the 2026 NBA Finals.

Jalen Brunson
Jalen Brunson

Brunson delivered 13 points in the final period, capping his performance with a spinning jumper while falling to the court with 38 seconds remaining. The Knicks closed the game on an 11-0 run, extending their postseason winning streak to 12 games and improving to 7-1 on the road in these playoffs.

“I think we know what we have to do,” Brunson said. “I think we’re a pretty together group.”

Karl-Anthony Towns added 18 points and 12 rebounds for New York, while OG Anunoby contributed 17 points. The victory marked the first time the Knicks have won a Game 1 of the NBA Finals on the road against the Spurs, who had been 6-0 in such situations historically.

Victor Wembanyama led the Spurs with 26 points and 12 rebounds but struggled from the field, shooting 6-for-21, including 2-for-9 from three-point range. He added six turnovers in his Finals debut.

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“I was bad tonight,” Wembanyama said. “It’s not more complicated than that.”

The Spurs led by as many as 14 points midway through the third quarter. However, the Knicks responded aggressively once Wembanyama rested, attacking the rim and exploiting the absence of his rim protection. New York outscored San Antonio 22-9 to close the third quarter and carried that momentum into the fourth.

Despite the loss, San Antonio showed resilience. With 2:16 remaining, Wembanyama made two free throws to give the Spurs a 95-94 lead. Brunson answered immediately with a corner three-pointer to put New York back in front for good.

“I think we let that one go,” Wembanyama said.

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Knicks coach Mike Brown praised Brunson’s performance despite the guard dealing with a knee and ankle injury earlier in the game.

“He’s a gamer, man,” Brown said. “In the biggest moments, he shows up. That’s what MVPs are supposed to do.”

The game featured strong supporting performances on both sides. For the Spurs, Dylan Harper scored 17 points off the bench, while Julian Champagnie added 16. However, the rest of San Antonio’s reserves combined for just four points, highlighting a lack of secondary scoring.

Josh Hart provided valuable energy for New York with 15 rebounds in 27 minutes, helping the Knicks dominate the glass during key stretches.

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This matchup revives the 1999 NBA Finals between these franchises, when the Spurs defeated the Knicks in five games. The 2026 series features younger rosters and a faster pace, reflecting significant evolution in the league.

The Knicks’ road dominance this postseason has been remarkable. Their ability to overcome double-digit deficits and physical challenges on the road demonstrates the mental toughness that carried them through the Eastern Conference playoffs.

For the Spurs, the loss exposed areas for improvement. Wembanyama’s efficiency issues and the team’s reliance on him for interior defense were evident when he rested. Coach Mitch Johnson will likely focus on better ball movement and defensive rotations ahead of Game 2 on Friday.

Brunson’s ability to perform while physically compromised added to his reputation as one of the league’s premier leaders. His 30-point effort in Game 1 sets a high standard as the series moves forward.

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The Knicks’ defensive intensity in the final quarter limited San Antonio to just six points in the last five minutes. Their execution in crucial moments shifted momentum decisively after the Spurs had briefly seized control.

New York’s road success this postseason has been remarkable. Winning seven of eight away games demonstrates their preparedness for hostile environments and ability to execute under pressure. The atmosphere at the Frost Bank Center was electric, but the Knicks remained composed throughout.

As the series shifts to Game 2, both teams will make adjustments. The Spurs must find ways to improve Wembanyama’s efficiency and generate more production from their supporting cast. The Knicks will focus on maintaining health for Brunson and sustaining their defensive intensity over longer stretches.

The 2026 NBA Finals represent a clash of contrasting styles. San Antonio relies on youth, athleticism and the generational talent of Wembanyama. New York counters with veteran savvy, defensive discipline and the clutch reliability of Brunson.

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The Knicks are now three wins away from their first title in 53 years. Their ability to steal home-court advantage in Game 1 gives them early momentum in what promises to be a hard-fought series.

Spurs legends including Gregg Popovich, David Robinson, Tim Duncan and Manu Ginobili were in attendance, adding historical weight to the occasion. Celebrity Knicks fans including Spike Lee, Tracy Morgan and Timothée Chalamet also made the trip, creating a vibrant atmosphere despite the road setting.

The Knicks’ victory sets an intriguing tone for the 2026 Finals. Their resilience and execution in critical moments may prove decisive as the series unfolds. For now, New York holds the advantage after a hard-fought opening win on the road.

Game 2 on Friday will offer the Spurs an opportunity to respond at home. Both teams will study film intently, searching for small edges in what is expected to be a competitive battle for the Larry O’Brien Trophy.

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The Knicks’ 12-game postseason winning streak ties the second-longest in NBA history for a single postseason. Only the 2017 Warriors, who won 15 straight before claiming the title, had a longer run.

This Game 1 outcome serves as a reminder that playoff series are often decided by resilience and adjustments rather than regular-season form. The Knicks have shown they can overcome adversity, while the Spurs demonstrated they can compete at the highest level despite their youth.

As the series continues, focus will remain on Brunson’s health, Wembanyama’s efficiency and the supporting casts’ contributions. The next several games will likely feature tactical battles and physical play as both teams fight for championship glory.

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Opinion: Taxing risk-takers counterproductive

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Opinion: Taxing risk-takers counterproductive

OPINION: Belting the aspirational is a mistake, not reform.

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Plans for 130 homes in Cheshire set for approval despite town council objections

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Report says loss of countryside an ‘inevitable consequence given the council’s housing land supply position’

View into the south-western part of the Alsager site proposed for up to 130 homes

View into the south-western part of the Alsager site, where up to 130 homes are proposed(Image: Pegasus Group)

Controversial plans for up to 130 new homes in the open countryside at Alsager look set to get the go-ahead despite objections from the town council and nearly 120 residents.

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Cheshire East planners are recommending the strategic planning board approves the outline application for 6.6 hectares of agricultural land at Manor Farm.

Two vehicular access points will be provided from Hulse Way and William Howell Way.

A report from the planning officer states: “The council is no longer able to demonstrate a five-year housing land supply and as such relevant policies concerning the supply of housing should be considered out of date – this would include policies relating to the open countryside.”

The application relates to an area of land which adjoins residential properties fronting Middlefield Way, Tangent Place, Collerick Close, Hulse Way, Emberton Road, Cliff Aucott Crescent, Jackson Close, William Howell Way and Selbourne Close.

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Alsager Town Council has ‘strongly objected’ citing numerous reasons why the application should be refused. These include it is against the Alsager Neighbourhood Plan ‘to protect the quality of existing landscape and wildlife’.

The town council has also raised highways concerns in relation to increased congestion and access and safety issues. And it says the site is used to grow winter wheat resulting in a loss of active arable land.

Cheshire East has received 119 letters from residents opposing the development. Their concerns include, but are not limited to, local schools’ inability to cope with the increase in population and doctors and dentists already operating at capacity. They also object to the inadequate access points and the impact on wildlife and loss of habitat.

The officer’s report acknowledges the proposal would result in the loss of open countryside but says: “This will be an inevitable consequence given the council’s housing land supply position.

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“The application site is pleasant agricultural land, but it is not exceptional in landscape terms.”

It says the proposed development would result in the loss of two individual trees and part of two groups of trees, all of which are protected by a tree preservation order.

It continues: “The vast majority of the protected trees which are on and adjoin the site would be retained.”

The report says other harm associated with this development would be the loss of best and most versatile agricultural land and the loss of the access to the non-designated heritage asset – Manor Farm.

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The council’s planners say the proposal would provide up to 130 homes, including 30 per cent affordable. It would provide economic benefits during both the construction and occupation stages of the development.

They say the site is sustainably located and there is access to the services available in Alsager including the town centre and public transport.

The report states: “The impacts in terms of highways, local infrastructure, ecology, pollution (air quality, contaminated land, lighting), flood risk, archaeology, and amenity can be mitigated or resolved at the reserved matters stage or through the imposition of planning conditions.”

The application is recommended for approval subject to conditions and S106 agreements which include the affordable housing, onsite play provision, and financial contributions towards the NHS, highways, education, public transport and indoor and outdoor sports.

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The strategic planning board meeting takes place at 10.30am on Tuesday, June 9, at Crewe Municipal Buildings.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Nebius Group N.V. (NBIS) Presents at Bank of America 2026 Global Technology Conference Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Nebius Group N.V. (NBIS) Bank of America 2026 Global Technology Conference June 3, 2026 4:20 PM EDT

Company Participants

Roman Chernin – Chief Business Officer

Conference Call Participants

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Tal Liani – BofA Securities, Research Division

Presentation

Tal Liani
BofA Securities, Research Division

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Perfect. So I have to state my name at the beginning for the record. My name is Tal Liani. And I am very happy to host Roman Chernin, who is Chief Business Officer of Nebius, which is basically, as far as I understand your position, it’s a product manager. It’s a head of product. It’s a product guy.

Roman Chernin
Chief Business Officer

It’s different things, but I like to say that I do what needed now for the growth. And sometimes, it’s more on the product side. Sometimes it’s more on like go-to-market side.

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Tal Liani
BofA Securities, Research Division

Yes. Got it. Okay.

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Roman Chernin
Chief Business Officer

It’s a privileged position.

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Question-and-Answer Session

Tal Liani
BofA Securities, Research Division

And I just mentioned it, so we’re not going deep into the numbers. I want to talk to you about strategy. I want to talk to you about basically where your product is heading, what’s your advantage in the market. And let me frame the discussion first as I normally do in kind of this meeting. So selling data center capacity now is selling water on a hot day in the desert, in middle of the day. So if you want to make it kind of even more dramatic. And the question is, what is the value that Nebius brings to the market? Meaning, is the growth today sustainable longer term? The question is, do you — is there a differentiation between Nebius and CoreWeave and maybe the data center of Oracle and Microsoft and all the hyperscalers. So I want to ask you about basically, it’s the sustainability of the growth, but it’s coming more from

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Manufacturing sector emerges as key structural play amid global supply chain shift

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Manufacturing sector emerges as key structural play amid global supply chain shift
Mumbai: Aggressive equity mutual fund investors looking to diversify beyond banks and information technology can consider an exposure to the manufacturing theme given the rising potential for the sector amid growing domestic demand and a focus of global companies to form alternative supply chains. Wealth managers, however, believe investors should consider this as a satellite allocation for their portfolio and stagger their investments over the next six months.

The Nifty Manufacturing Index has a low overlap of only 19% with the Nifty 50. Investors looking to buy into segments absent in the Nifty 50, will find manufacturing a good fit. “The sector appears to be transitioning into the early-to-mid phase of a broader structural capital expenditure and earnings cycle-an environment that has historically supported sustained wealth creation,” says R Sivakumar, chief investment officer, Axis Mutual Fund. Sivakumar believes after a relatively subdued 2025, the outlook for 2026 indicates recovery underpinned by continued policy support, strengthening domestic demand and Global supply chain diversification.

Manufacturing has Merit, say Some Analysts; Others Favour Small BetsAgencies

supply chain transition and strong demand make sector opportunities broadbased

The BSE India Manufacturing TRI has gained 7.3% year-on-year and 15.8% annually over a three-year period, outperforming the 4% and 9.3% return of the Nifty 50 in that order. Despite the outperformance, analysts believe this theme merits investment as there are new opportunities coming up in the manufacturing space in addition to traditional opportunities.

A rapid expansion in the global data center capacity has given rise to demand for power equipment, cooling systems, prefabricated industrial modules and speciality materials. In addition, geopolitical developments are forcing countries to move to green energy with focus on electric vehicles and renewables. Supply chain disruptions on account of tariffs in Europe are also bringing in opportunities for India.

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Rupee falls amidst gulf tensions and rising oil prices

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Rupee falls amidst gulf tensions and rising oil prices
Mumbai: The Indian rupee fell half a percentage point against the US dollar on Wednesday as a fusillade of Iranian missiles targeted Kuwait and Bahrain, indicating the fragility of the truce in the Gulf region and pushing currency bears to buy into the greenback’s promise of safety. The rupee declined to 95.70, pressured by higher oil prices, versus its previous close of 95.27. Brent futures gained $2.3, or 2.4%, to $98.30 as tensions erupted in West Asia and peace talks between Tehran and Washington showed little progress, according to Reuters.

The rupee traded between 95.80 and 95.44 on Tuesday. “The currency opened weaker because of high oil prices and was able to appreciate during the day partly because of RBI intervention, and the news that government is finalising measures to attract foreign capital into the country,” said Ritesh Bhansali, deputy CEO, Mecklai Financial Services. The currency has weakened 0.9% in FY27 so far and declined nearly 11% in FY26.

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Ampol shares climb as competition regulator approves EG Australia takeover

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Ampol shares climb as competition regulator approves EG Australia takeover

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Valero Energy: A Great Business At The Wrong Price (NYSE:VLO)

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Valero Energy: A Great Business At The Wrong Price (NYSE:VLO)

This article was written by

The Supercycle Investor (formerly Gold Mining Bull) is a commodities analyst with more than a decade of investing experience across the natural resource sector. Coverage spans gold and silver miners, copper, oil and gas producers, natural gas, lithium, uranium, MLPs, and royalty and streaming companies… all tied to the structural commodity supercycle driven by the AI buildout, electrification, and years of underinvestment in supply. Every piece is built on data-driven valuation analysis with balanced coverage, weighing both the upside and risks.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MPLX, WES, DMLP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Post-Eagles Simpson opens up on leadership

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Post-Eagles Simpson opens up on leadership

Former West Coast Eagles senior coach Adam Simpson has provided insight into key leadership and cultural traits which have served him well in business and Australian Rules Football for more than 30 years.

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Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal

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Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal


Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal

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