Business
(VIDEO) Did Wembanyama Figure Out How To Beat Thunder Now?
SAN ANTONIO — Victor Wembanyama delivered a commanding performance with 33 points, eight rebounds, five assists and three blocks, leading the San Antonio Spurs to a 103-82 victory over the Oklahoma City Thunder on Sunday night and evening the Western Conference finals at two games apiece.
The 7-foot-4 Frenchman set the tone early, drilling a 3-pointer on the game’s first possession and rejecting a Chet Holmgren dunk attempt. He capped the first half with a logo-range buzzer-beater, sending the Frost Bank Center crowd into a frenzy as the Spurs built an insurmountable lead.
San Antonio dominated from the opening tip, embarking on a 16-0 run in the first quarter and never trailing after the initial minutes. The Spurs led by as many as 25 points, forcing 20 turnovers from the Thunder while holding them to a season-low 82 points on 33% shooting from the field, including 18% from beyond the arc.
Wembanyama finished 11 of 22 from the field and 3 of 7 from three-point range in 31 minutes. Devin Vassell and Stephon Castle each added 13 points for the Spurs, while De’Aaron Fox contributed 12 points, a playoff career-high 10 rebounds and five assists.
The Thunder, who led the series 2-1 entering the game, struggled across the board. Shai Gilgeous-Alexander managed 19 points but had limited space to operate against San Antonio’s length and switching defense. Oklahoma City was missing key contributors due to injury, further hampering their offense.
Wembanyama credited the team’s collective defensive effort rather than any single adjustment after their Game 3 loss. “We’ve got good individual defenders so when we connect individual and team defense, it holds teams to low-scoring numbers,” he said.
On the Spurs’ approach coming into Game 4, Wembanyama emphasized consistency. “We just responded. It was nothing amazing. It wasn’t magic. We just did what we needed to do.”
The victory marked a strong response for the second-seeded Spurs, who had dropped Game 3 at home 123-108. With the series shifting back to Oklahoma City for Game 5 on Tuesday, San Antonio showed it can compete with — and at times overwhelm — the top-seeded Thunder, the defending champions.
San Antonio’s defense was the story. The Spurs disrupted Oklahoma City’s rhythm, turning potential transition opportunities into points off turnovers, tallying 25 such points. Holmgren and the Thunder frontcourt faced constant pressure from Wembanyama’s rim protection and mobility.
Offensively, Wembanyama’s versatility shone. He mixed mid-range jumpers, drives to the rim and perimeter shooting while facilitating for teammates. His half-court buzzer-beater provided both momentum and a highlight that quickly spread across social media.
For the Thunder, the loss represented their lowest postseason output of the season. Coach Mark Daigneault’s squad, known for its depth and pace, could not generate easy looks. Gilgeous-Alexander, the two-time MVP, was held in check relative to his standards, facing constant harassment from Spurs defenders.
The series has been competitive and physically demanding. Oklahoma City took Game 1 in double overtime but lost Game 1? Wait, series history shows back-and-forth battles highlighting young talent on both sides. Wembanyama has averaged strong numbers throughout, but Game 4 represented his most complete outing.
Analysts noted the Spurs’ ability to dictate tempo. By slowing the game and emphasizing half-court execution, San Antonio neutralized much of Oklahoma City’s transition game. Turnovers proved costly for the Thunder, who appeared out of sync for long stretches.
Gregg Popovich, the Spurs’ legendary former coach still influential in the organization, has been a presence. Players have referenced his teachings on resilience and preparation. The team’s focus after the Game 3 defeat paid dividends in a dominant home performance.
Wembanyama, in just his third NBA season, continues to elevate his game on the biggest stage. His combination of size, skill and basketball IQ has made him a nightmare matchup for Oklahoma City’s bigs. The French star has drawn comparisons to all-time greats for his two-way impact.
Looking ahead to Game 5, the Thunder will need to regain their offensive flow and limit turnovers. Home-court advantage returns to Paycom Center, where Oklahoma City has been strong. Adjustments on defending Wembanyama and containing San Antonio’s role players will be critical.
For the Spurs, sustaining defensive intensity and getting contributions from the supporting cast remain keys. Vassell, Castle and Fox must continue providing secondary scoring and playmaking to complement Wembanyama’s dominance.
The Western Conference finals have lived up to expectations as a clash between two of the league’s brightest young cores. The Thunder entered as favorites with their regular-season success and championship experience, but San Antonio has proven resilient under first-year head coach Mitch Johnson.
Injuries have played a role, with both teams navigating absences. How each side adapts will shape the remainder of the series. A potential Game 7 in San Antonio looms as a possibility if the road teams continue splitting results.
Basketball observers have praised the series for its entertainment value and showcase of future stars. Wembanyama’s emergence as a playoff force adds another chapter to his rapid ascent. At 22 years old, he already carries the weight of franchise expectations with poise.
The Spurs’ defensive schemes in Game 4 highlighted their growth. Multiple defenders rotated effectively, using length to contest shots without fouling. This connected defense limited Oklahoma City’s 3-point attempts and paint scoring.
Off the court, the atmosphere in San Antonio was electric. Fans chanted and roared with each Wembanyama highlight, creating a playoff environment that energized the home team. The logo shot to close the half became an instant classic moment.
As the series heads to Oklahoma City, both teams face pressure. The Thunder must avoid a home loss that would hand San Antonio a 3-2 lead, while the Spurs aim to steal another road win and move within one victory of the NBA Finals.
Wembanyama downplayed individual heroics. “We all have high standards and I know I have a lot of responsibilities, but I’m here for it,” he said. “Yeah, it was better today. It wasn’t perfect.”
The coming games will test endurance and adaptability. With the season on the line, small adjustments in defensive rotations, offensive sets and rebounding battles could decide the outcome.
San Antonio’s ability to “shut down” the Thunder in Game 4 answered questions about their competitiveness. Whether they can replicate that level on the road remains to be seen. The series, now a best-of-three, promises more drama as two powerhouse teams battle for a chance at the championship.
Business
Global cues extend to D-Street, indices climb more than 1%
The NSE Nifty 50 advanced 1.3%, or 312.40 points, to close at 24,031.70, reclaiming the 24,000 mark after about two weeks, while the S&P BSE Sensex climbed 1.4%, or 1,073.61 points, to 76,488.96.
Sentiment was buoyed after reports the US and Iran were nearing an agreement that could ease tensions and restore energy flows. US President Donald Trump said over the weekend that both sides had largely negotiated a memorandum of understanding, according to Reuters.
Brent crude declined more than 5% to around $98 a barrel, easing concerns over inflation.
Asian markets rallied in tandem, with Taiwan gaining 3.3%, Japan 2.9%, and China 1%, while Hong Kong and South Korea were shut.
“With every day of delayed truce, there is a chance that the inflation can be higher, so the earlier we have a solution, the better,” said George Thomas, equity fund manager, Quantum AMC.
AgenciesLower Risk Outlook
“Even if there was to be a resolution immediately, it would take some time for things to normalise,” said Thomas of Quantum. “While a resolution may not be immediate, incrementally, things will be positive.”
Volatility eased, with the India VIX declining 6.7% to 16.7, signalling that risk expectations are easing. The rupee climbed to 95.23 per dollar Monday, its highest in more than two weeks, versus its previous close of 95.69. Benchmark 10-year bond yields fell to 7.025% Monday, from 7.088% Friday, according to investing.com data. Technically, the rally was aided by short covering, with the index breaking key levels. “Nifty witnessed a decisive breakout and closed strong- driven by short covering,” said Rajesh Palviya, Head of Research, Axis Securities. “Call writers are on the backfoot and if Nifty sustains over 24,000 levels, gains of 200-300 points are expected on an immediate basis.”
Palviya said further gains toward 24,800 levels could materialise if positive triggers emerge on the geopolitical or domestic front. Sectorally, the gains were broad-based, with financial stocks leading the rally as improving macro sentiment supported the space. The Bank Nifty and Nifty Financial Services indices rose 2.3% and 2.2%, respectively, while PSU banks gained 2.9% and private banks 2.1%. Auto and realty indices also advanced. “Banking stocks are available at decadal low valuation which is lending comfort to investors,” said Thomas. “But if this crisis prolongs for a longer time, then there could be an impact on credit cost.”
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Taiwan overtakes India as world’s 5th largest stock market
The island’s market capitalization climbed to $4.95 trillion as of Monday, according to data compiled by Bloomberg. India’s value has dropped to $4.92 trillion. Taiwan’s stock market is now the fifth largest in the world, behind only the US, mainland China, Japan and Hong Kong.
Taiwan’s ascent up the global equity rankings is largely driven by TSMC, which now accounts for about 42% of the benchmark index, representing intense market concentration. The chipmaker’s shares have rallied 49% this year as it has benefited from the artificial intelligence trade, in which its semiconductors have a dominant market position.
The surge in the island’s market value highlights intense optimism in AI that is triggering a global rally in tech shares, disproportionately benefiting manufacturing hubs such as Taiwan and South Korea. India, on the other hand, is grappling with surging energy cost, slowing corporate earnings growth and the lack of companies directly linked to the AI buildout.
Bloomberg“Taiwan’s rising market capitalization is fundamentally a reflection of its heavy concentration in tech hardware, which is currently at the center of the AI investment cycle,” said Yi Ping Liao, a fund manager at Franklin Templeton. “Markets with limited exposure to tech hardware are increasingly being overshadowed by tech hardware–heavy markets such as Taiwan and Korea.”
New regulations are also in TSMC’s favor. Taiwan’s financial regulator last month increased the limit that domestic funds can invest in a single stock. Under the new guideline, funds that invest solely in Taiwanese stocks can hold up to 25% of their net assets in any listed company whose weighting exceeds 10% in the Taiwan Stock Exchange, up from a previous limit of 10%. Currently, only TSMC meets the criterion.
The change may help lure in more than $6 billion of inflows to Taiwan, JPMorgan Chase & Co. said in a research note.While Taiwan has overtaken in market value, India’s $4.15 trillion-dollar economy — among the fastest growing in the world — still trumps the island’s $977 billion gross domestic product, according to International Monetary Fund estimates.
BloombergIndian stocks have fallen this year amid record foreign outflows, driven by elevated valuations and a weakening rupee. Higher energy costs have also stoked inflation concerns and clouded growth prospects.
Global funds have sold nearly $24 billion of local equities so far this year as they chased the AI boom in Taiwan and Korea. India’s gauge is down 8%, heading for its first annual drop after a decade of gains. India’s weight in the MSCI emerging markets index has also fallen to about 12% from 19% last year.
“India has been quite ignored for the better part of two years,” Alison Shimada, portfolio manager at Allspring Global Investments, told Bloomberg TV on Monday. “It is an expensive market so one has to be selective, but I think in terms of financialization of savings, it is very prominent in India and people are moving into financial assets,” she said.
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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
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