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Stocks Rise, Dollar Weakens; U.S. Markets Closed

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Stocks Rise, Dollar Weakens; U.S. Markets Closed

Global stocks rose and the dollar weakened as a risk-on turn prompted by Thursday’s cool jobs data continued to ripple through markets.

The U.S. economy added fewer jobs than investors had anticipated in June, prompting a strengthening in Treasurys and a weaker greenback as markets scaled back expectations for Federal Reserve rate hikes this year.

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Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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(VIDEO) Maine Couple Uses Pickup Truck to Block Charging Black Bear and Save Terrified Moose Calf From Attack

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Maine Couple Uses Pickup Truck to Block Charging Black Bear

A couple in western Maine intervened in a tense wildlife encounter over the weekend, using their pickup truck to shield a young moose from a black bear that had been chasing it through the woods, according to multiple reports.

The rescue happened near Aziscohos Lake, a remote stretch of water and forest close to the Maine-New Hampshire border. The couple had spent the day kayaking when they noticed a moose calf burst out of the tree line and sprint toward the road, with a black bear closing in behind it. The calf’s mother was nowhere in sight, leaving the young animal alone as the bear continued its pursuit.

With only seconds to react, the driver steered the truck between the bear and the fleeing calf, using the vehicle as a physical barrier to break up the chase. The maneuver startled the bear enough to halt its pursuit, giving the moose calf the opening it needed to escape back into the woods.

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“I knew what I had to do,” the driver told reporters afterward, describing the split-second decision to position the truck in the bear’s path.

Neither the couple, the bear nor the moose calf was injured in the encounter, which was witnessed by others in the area before word of the rescue spread. Footage and photos of the confrontation quickly circulated online, drawing widespread attention as viewers praised the quick thinking involved in the intervention.

Wildlife officials generally advise against people inserting themselves into encounters between predators and prey, noting that such situations can be unpredictable and potentially dangerous. Black bears, in particular, can behave erratically when focused on pursuing what they perceive as a meal, and approaching wildlife on foot is typically discouraged regardless of the circumstances. Experts commonly recommend that people who come across active predator-prey encounters observe from a safe distance rather than attempt to intervene directly.

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In this instance, the driver did not leave the safety of his vehicle. By using the truck itself as the barrier, he was able to interrupt the chase without placing himself or his passenger in direct physical danger, a distinction that several observers noted set the episode apart from more hazardous forms of wildlife intervention.

Moose calves are especially vulnerable to predation in their first weeks and months of life. Black bears are known to target young moose during the calving season, particularly when a calf becomes separated from its mother, as appeared to be the case in this encounter. Cow moose are typically fiercely protective of their young and will aggressively confront bears that threaten a calf, but the absence of the mother in this instance left the young moose without that natural line of defense.

Aziscohos Lake sits in a sparsely populated part of Maine’s western mountains, an area known for its dense forests, remote camping access and healthy populations of moose, black bear and other wildlife. The region draws paddlers, anglers and hikers throughout the warmer months, and encounters between visitors and local wildlife, while not everyday occurrences, are not unheard of given the area’s rural character and proximity to undeveloped land.

It remains unclear whether the moose calf was later reunited with its mother. The couple did not report seeing the cow moose either before or after the chase, and no further updates on the calf’s condition have been made public since the initial rescue.

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The encounter has since been picked up by a range of outlets covering unusual wildlife stories, with the pickup truck maneuver drawing particular attention for its simplicity and effectiveness. Commentary circulating alongside the videos has largely framed the driver’s actions as an example of calm, decisive thinking under pressure, even as wildlife officials continue to stress that most encounters of this kind are best left unaddressed by bystanders.

Bear-moose interactions of this sort are a natural, if difficult to witness, part of the predator-prey dynamic in Maine’s backcountry. Wildlife biologists note that such chases, while dramatic to observe, reflect ordinary survival behavior on the part of both animals: the bear seeking an opportunity for an easy meal, and the calf relying on speed and evasive movement in the absence of its mother’s protection. Human intervention in these moments is rare, in part because most encounters unfold quickly and out of sight of passersby.

For the couple involved, what began as a routine day of kayaking turned into an unplanned test of quick judgment. Their decision to use the truck rather than exit the vehicle or attempt to physically deter the bear is likely one reason the episode ended without injury to any of the parties involved, according to general safety guidance from wildlife agencies that recommend staying inside a vehicle when encountering large or potentially dangerous animals.

As of the latest reports, no other details have emerged regarding the identities of the couple, the exact time of the encounter, or whether the moose calf was later spotted in the area. The story has nonetheless resonated widely online, adding to a growing list of viral wildlife encounters that have captured public attention in recent months.

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Officials in Maine have not issued any specific comment on the incident, and there is no indication that any regulatory action or investigation is expected to follow, given that no animals were harmed and no laws appear to have been broken during the encounter. Wildlife advocates have used the moment as an opportunity to remind the public that while this particular intervention ended well, most experts continue to recommend that people avoid inserting themselves into similar situations whenever possible, and instead allow wildlife encounters to run their natural course from a safe distance.

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H&R Block: Solid Rock And Trading At A Discount

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LEO: Tax-Free Yield And Measured Duration Exposure

H&R Block: Solid Rock And Trading At A Discount

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I Am Buying Real Estate Hand Over Fist, For Income And Asset Preservation

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I Am Buying Real Estate Hand Over Fist, For Income And Asset Preservation

This article was written by

Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of O, DEA, AND BDN 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.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

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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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How to Solve the Puzzle 1120 Easily

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Nancy Guthrie

The New York Times’ popular word-grouping game Connections is back with a new challenge for Sunday, July 5, testing players on categories ranging from breakfast staples to credit card tiers. Puzzle number 1120 arrived at midnight local time, continuing the game’s run as one of the Times’ most played daily offerings alongside Wordle, Strands and the Mini Crossword.

Connections asks players to sort 16 words into four hidden groups of four, each tied to a shared theme. The game is color-coded by difficulty, with yellow representing the most straightforward category, green and blue offering moderate challenges, and purple reserved for the trickiest connections, which often rely on wordplay, double meanings or cultural references. Players are allowed four incorrect guesses before the puzzle ends, adding an element of risk to each selection.

Sunday’s edition, according to solvers and puzzle trackers who published the grid shortly after its release, drew particular attention for blending everyday financial vocabulary with a chemistry-adjacent twist in its hardest category. The 16 words presented to players were: WIN, OATS, GREEN, WIRE, WEST, CARD, WITH, HONEY, GOLD, TUNGSTEN, CHECK, SEEDS, CASH, PLATINUM, NUTS and CENTURION.

For players looking for a nudge before jumping straight to the solutions, puzzle trackers circulated a set of hints tied to each category without giving away the exact groupings. The yellow category hint pointed players toward something that “goes great with yogurt,” a reference to common toppings and mix-ins found in breakfast bowls. The green category was hinted at with the phrase “checkout method,” directing solvers toward standard ways to pay for goods and services. The blue category hint, “not accepted everywhere,” alluded to a specific brand’s tiered card offerings that aren’t universally supported by merchants. The purple category, traditionally the puzzle’s most difficult, was hinted at with a reference to “number 74 on the periodic table,” a nod to the letter W’s connection to a particular chemical element.

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For those ready for the full answers, puzzle number 1120 broke down into the following four groups:

The yellow category, the easiest of the day, was titled “Granola Ingredients” and included the words HONEY, NUTS, OATS and SEEDS. The grouping reflected common components found in granola and similar breakfast mixes, making it an accessible entry point for most solvers tackling the grid.

The green category, “Payment Methods,” grouped together CARD, CASH, CHECK and WIRE. These four words represented standard ways consumers and businesses transfer money, a category that puzzle trackers noted was likely to trip up some players who initially considered other words, such as GOLD or PLATINUM, as potential fits given their financial associations.

The blue category, “Amex Card Types,” was made up of CENTURION, GOLD, GREEN and PLATINUM. This grouping referenced the various tiers offered by American Express, a detail that puzzle coverage described as particularly rewarding for players familiar with credit card rewards programs, since several of those same words could plausibly have fit into other categories on the board.

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The purple category, traditionally the most conceptually demanding, was titled “What ‘W’ Might Stand For” and included TUNGSTEN, WEST, WIN and WITH. The connection drew on the fact that the letter W serves as an abbreviation or symbol across different contexts: it is the chemical symbol for tungsten on the periodic table, a common abbreviation for “west” on maps and compasses, and shorthand for both “win” and “with” in various forms of casual writing and record-keeping.

Puzzle commentary published alongside the answers noted that Sunday’s grid rewarded players with financial literacy and casual familiarity with granola ingredients, while the purple category’s link between a chemical element and a directional abbreviation created what several trackers described as a particularly tricky homophone-style trap. Players who initially grouped GOLD and PLATINUM with GREEN under a colors-based theme, rather than recognizing them as American Express card tiers, were among those most likely to lose a guess early in their attempt.

According to the Times’ own guidance on solving Connections, successful players tend to follow a handful of consistent strategies. Starting with the most straightforward, tightly defined categories — such as colors, numbers or clearly related objects — tends to build early momentum. Players are also encouraged to consider alternate uses or double meanings for individual words, since Connections puzzles are constructed specifically to include overlap between categories. Additionally, solvers are advised to watch for patterns in word endings or shared letters, and to remain flexible when an initial grouping doesn’t pan out, since misdirection is a deliberate feature of the game rather than an accident.

Connections is edited by Wyna Liu, the Times’ puzzle editor, who has built a reputation among regular players for constructing categories that intentionally overlap with one another. That approach was on display again in Sunday’s puzzle, where the presence of GOLD, GREEN and PLATINUM created plausible but incorrect pairings for players who didn’t immediately recognize the American Express connection.

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Beyond the standard Connections puzzle, the Times also published a sports-themed version of the game on Sunday, known as Connections: Sports Edition, marking its 650th installment. That edition asked players to sort 16 sports-related terms into categories covering European soccer, National Basketball Association point guards, hockey equipment and a wordplay-based grouping tied to professional sports franchises based in Washington, D.C. Hints for that edition pointed players toward “protective gear for players on ice,” “primary ball handlers in the NBA,” “football organizations across the pond,” and “teams from the District,” giving solvers a general sense of each category before revealing the full answers.

Since its launch in June 2023, Connections has grown into one of the Times’ most widely played digital games, trailing only Wordle in popularity among the publication’s puzzle offerings. A new puzzle is released daily at midnight in each player’s local time zone, meaning solvers in different parts of the world are often working through different numbered puzzles at any given moment. Tomorrow’s edition, puzzle number 1121, is set to go live at midnight, continuing the daily cycle for millions of players who have made the word-grouping game part of their regular routine.

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Luka Doncic Reportedly ‘Excited’ by Lakers’ Offseason Moves After Kessler Trade and Austin Reaves Deal

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Luka Doncic

LOS ANGELES — Luka Doncic is reportedly pleased with the Los Angeles Lakers’ whirlwind offseason, which has reshaped the roster around him following LeBron James’ departure and a flurry of moves aimed at building a contender for the post-James era.

According to a report from Dan Woike of The Athletic, league sources said Doncic was “excited” about the team’s recent moves, particularly the decisions to retain guard Austin Reaves and acquire center Walker Kessler in a trade. Woike reported that the Lakers addressed two of Doncic’s biggest priorities for the roster this summer: keeping Reaves in the fold and adding an elite rim-protecting big man alongside him.

Woike also reported that the Lakers maintained regular contact with Doncic and his representatives throughout free agency, even as the star guard spent the summer in Europe and the team worked across a significant time difference. Those conversations, according to the report, helped guide the front office’s approach as it reshaped the roster in the weeks following James’ exit.

The offseason began with James informing the organization that he would not return for a ninth season with the Lakers. He remains an unrestricted free agent and is expected to continue his career elsewhere for what would be his 24th season in the league. His departure closed a chapter for the franchise and set off a series of roster moves that quickly followed.

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The Lakers soon lost two more rotation players. Marcus Smart signed with the Houston Rockets, the team the Lakers eliminated in the first round of the playoffs, while Luke Kennard agreed to join the Phoenix Suns. Reserve big man Jaxson Hayes also departed for a new team. The departures left the Lakers with considerable salary-cap flexibility, which the front office moved quickly to use.

The centerpiece of that spending was a sign-and-trade agreement with the Utah Jazz for Kessler, a 7-foot-2 center who has established himself as one of the league’s top young defensive anchors. The deal, which included a four-year, $130 million contract for Kessler, cost the Lakers significant future draft capital — their unprotected first-round picks in 2031 and 2033, along with pick swaps in 2028 and 2030. The transaction leaves Los Angeles without a controlled first-round pick until the 2032 draft.

In the same stretch of roughly 35 minutes, according to reporting from ESPN’s Shams Charania, the Lakers also signed free agents Sandro Mamukelashvili, Quentin Grimes and Collin Sexton. Grimes is expected to help fill the playmaking and defensive void left by Smart’s departure, Mamukelashvili adds shooting and floor-spacing as a stretch forward, and Sexton gives the Lakers a true backup point guard, a role the team had lacked in recent seasons.

Those additions came after the Lakers had already made their most significant retention of the offseason, re-signing Reaves to a four-year, $185 million contract after he declined his player option and would have otherwise become an unrestricted free agent. Reaves and Doncic have built a close on-court partnership since Doncic’s arrival in Los Angeles roughly 16 months ago, and keeping the young guard together with Doncic and Kessler is expected to form the foundation of the team’s roster going forward. Spotrac data show that Doncic, Reaves and Kessler are projected to carry a combined salary-cap hit of $121 million next season, against a league-wide salary cap set at roughly $165 million for 2026-27.

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Kessler, who spent four seasons with the Jazz, averaged 2.4 blocks per game over that span and has been regarded as one of the more promising young defensive centers in the league. A shoulder injury cut his most recent season short, but evaluators continue to view him as a high-upside addition who could pair well with Doncic’s passing ability in pick-and-roll situations. The Lakers finished last season with a defensive rating of 115.5, ranked 20th in the NBA, a figure the front office hopes will improve significantly with Kessler anchoring the paint.

Reporting from multiple outlets indicates the price the Lakers paid to secure Kessler and retain Reaves has drawn some scrutiny around the league, with rival executives and agents questioning whether Los Angeles surrendered too much draft capital and long-term financial flexibility in the process. The team’s roster is now considered younger and more athletic than last season’s group, but also less experienced, with the departures of veteran role players such as Smart, Kennard and Hayes leaving fewer proven contributors around Doncic, Reaves and Kessler.

Despite those questions, the Lakers’ front office appears to view Doncic’s endorsement of the moves as the most important measure of the offseason’s success. Rob Pelinka, the team’s president of basketball operations and general manager, has overseen the roster overhaul while also expanding his front-office staff, including the hiring of an assistant general manager focused on salary-cap management and analytics. The team is reportedly still exploring the trade market for forward Rui Hachimura, who remains under contract, and has been linked to free agent forward Jonathan Kuminga after the Atlanta Hawks declined his contract option.

The Lakers are scheduled to give fans their first look at the retooled roster this week at the California Classic summer league event, where rookies Cameron Carr and Adou Thiero are expected to headline the team’s summer debut. While the additions of Kessler, Grimes, Mamukelashvili and Sexton have not yet been tested on the court together, the Lakers’ front office has made clear that the roster was built specifically around Doncic’s stated preferences following James’ departure.

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With training camp still months away, the true measure of the offseason’s success will not be known until the Lakers take the floor together as a group. But based on the reporting surrounding Doncic’s reaction, the franchise appears confident it has entered its next chapter with the support of the player it is now building around for the long term.

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Blue Owl Capital: A 4.6% Relief After A 40% Stress Test (NYSE:OWL)

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Blue Owl Capital: A 4.6% Relief After A 40% Stress Test (NYSE:OWL)

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I’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and high returns on invested capital—is a more reliable driver of returns than valuation alone. I manage one of my portfolios publicly on eToro, where I qualified as a Popular Investor, allowing others to copy my real-time investment decisions. My background spans Economics, Classical Philology, Philosophy and Theology. This interdisciplinary foundation sharpens both my quantitative analysis and my ability to interpret market narratives through a broader, long-term lens. I started investing when I became a father. By managing wisely what I received and earn, I aim to ensure for me and my children that we don’t have so much that we don’t have to do anything, but that we have enough assets to be free to do what we want. The goal is not to free myself from work, but to make sure I can work in the place and in a way where I can fully express myself.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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Kinross Gold: Net Cash, Production Growth, And Undervalued (NYSE:KGC)

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Kinross Gold: Net Cash, Production Growth, And Undervalued (NYSE:KGC)

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Mountain Valley Value Investments specializes in identifying undervalued companies with strong growth potential across various sectors. Focused on long-term value and buying at the right price, we leverage deep industry insights and rigorous analysis to uncover opportunities with the potential to deliver strong returns. Our investment philosophy is rooted in disciplined research and a commitment to highlighting risks that may impact the thesis. We aim to provide our readers with actionable investment ideas that stand the test of time. Follow us for in-depth analysis and thoughtful perspectives on high-potential stocks.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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A $350 Billion Liquidity Drain Is Set To Hit Markets This Summer

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A $350 Billion Liquidity Drain Is Set To Hit Markets This Summer

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Michael Kramer is the founder of Mott Capital Management – and is a long-only investor who focuses on macro themes and studies trends and options activities to identify and assess entry and exit points for investments in his long-term focused thematic growth strategy. He is a former buy-side trader, analyst, and portfolio manager with 30 years of experience tracking market technicals, fundamentals, and options.Michael Kramer leads the investing group Reading the Markets, where he helps a devoted following of members to better understand what is driving trading and where the market is likely heading, both the short and long-term. Features of the investing group include: daily written commentary and videos analyzing the driving factors behind price action; general macro trend education to help members make well-informed decisions based on market conditions, interest rates, currency movements and how they all interact; chat for questions and community dialogue; and regular Zoom videos sessions to discuss current ideas and answer questions. The level of access RTM subscribers and the expertise of the source are unprecedented given that the subscription price is a fraction of similar technical coaching and mentoring services. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.

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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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What Sky buying ITV could mean for your favourite shows

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Maya Jama in a fitted light-coloured dress stands in the centre of a brightly lit pink dressing-room set. Behind the person, a neon “love island” sign is mounted above lockers displaying ten pink-and-orange striped football-style shirts on hangers. Curved pink benches line both sides of the room. Two potted plants, a pink flamingo ornament, rolled towels, reusable water bottles and several stemmed glasses are positioned around the lockers. A large Love Island logo is displayed on the floor beneath the person.

Of course, at some point Sky could decommission some ITV shows – or renegotiate their contracts. You don’t take over another company without believing there are savings to be made (and some are pointing to synergies that could be made on the tech platform side, with ITVX and Sky’s streaming services potentially merged in the future).

Longer term, Frost believes users of both current streaming platforms ITVX and NOW can expect to see more “integrated services, for example, bundling titles in terms of genre instead of channel, as a natural way to cut production costs, and to cross-advertise”.

But when it comes to programmes, they won’t be able to make significant changes to those beloved shows until the supply deal comes to an end.

Producer Patrick Spence thinks the deal is “exciting”. He won a BAFTA for Mr Bates vs The Post Office which was a huge hit on ITV in 2024, with around 15 million tuning in. He’s currently producing Two Birds, a thriller starring Sheridan Smith for ITV.

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He’s also made dramas for Sky and told me ITV and Sky “are very good bedfellows in many ways”.

“When they get behind a show, they really get behind it,” Spence says. “They want to make water cooler shows that bring audiences together.”

He believes the deal is a sign that the regularly predicted end of so-called linear TV is overplayed.

“We get told so often about the death of broadcast TV,” he adds. “For producers it’s said we’re looking at a cliff edge where the only places that will be left for us to sell our programmes will be the streamers, or some version of BBC, ITV, Channel 4 all joining together.

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“What I take away from this deal as a producer and an audience member is that Sky must really like and believe in ITV to be only buying the network. They think there is a business to be grown and driven that uses the audience reach and loyalty that the ITV network has.”

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Mercado Libre's Margin Compression May Be A New Normal – Potential Technical Bottoming

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Mercado Libre's Margin Compression May Be A New Normal - Potential Technical Bottoming

Mercado Libre's Margin Compression May Be A New Normal – Potential Technical Bottoming

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