Oriental Harbor Trims $5.4 Million From TQQQ ETF — But Still Keeps Big Tech Bet Intact

Occasional Digest - a story for you

On Tuesday, Oriental Harbor Investment Master Fund disclosed selling 59,274 shares of ProShares UltraPro QQQ (TQQQ -1.88%) in an estimated $5.4 million trade, according to a recent SEC filing.

What Happened

According to a filing with the Securities and Exchange Commission, Oriental Harbor Investment Master Fund sold 59,274 shares of ProShares UltraPro QQQ during the quarter. The estimated transaction value was $5.4 million. The fund’s TQQQ position now stands at about 1.2 million shares, valued at $124.2 million.

What Else to Know

Following the sale, TQQQ represents 9.6% of the fund’s reportable assets under management.

Top holdings after the filing:

  • NASDAQ:NVDA: $236.2 million (18.3% of AUM)
  • NASDAQ:GOOGL: $224.1 million (17.4% of AUM)
  • NYSEMKT:FNGU: $144.6 million (11.2% of AUM)
  • NASDAQ:TQQQ: $124.2 million (9.6% of AUM)
  • NASDAQ:META: $99.5 million (7.7% of AUM)

As of Tuesday’s market close, shares of TQQQ were priced at $101.13, up 33% over the past year, outperforming the S&P 500 by 20 percentage points.

ETF Overview

Metric Value
AUM N/A
Price (as of market close on Tuesday) $101.13
One-year total return 44%
Dividend yield 0.65%

Company Snapshot

  • TQQQ’s investment strategy seeks to deliver daily performance consistent with the fund’s objective through the use of financial instruments.
  • Underlying holdings are composed of the 100 largest non-financial companies listed on the Nasdaq Stock Market.
  • The fund structure is non-diversified.

ProShares UltraPro QQQ is an ETF that seeks daily returns consistent with its investment objective by tracking the Nasdaq-100 Index. By employing financial instruments, the fund aims to achieve its daily return objective.

Foolish Take

Hong Kong–based Oriental Harbor Investment Master Fund pared back its position in ProShares UltraPro QQQ last quarter, selling roughly $5.4 million worth of shares. Despite the reduction, TQQQ remains a core holding, accounting for nearly 10% of the fund’s reported assets. The ETF continues to rank just behind Nvidia, Alphabet, and FNGU, reflecting the fund’s deep concentration in leveraged and technology-driven strategies.

TQQQ, which seeks three times the daily performance of the Nasdaq-100 Index, has soared 33% in the past year, outpacing the S&P 500 by about 20 percentage points. Its top underlying exposures—Nvidia, Microsoft, Apple, and Amazon—mirror Oriental Harbor’s own equity bets, creating both alignment and amplification across the portfolio.

While leveraged ETFs like TQQQ can magnify gains, they also heighten risk when markets turn volatile. For Oriental Harbor, trimming the position may be a prudent rebalancing move after strong returns, especially given its already substantial exposure to the same megacap tech names through direct holdings and other leveraged funds like FNGU. The strategy suggests discipline, not retreat, as the fund locks in profits while maintaining a high-conviction tilt toward tech-fueled growth.

Glossary

ETF: Exchange-traded fund; a pooled investment fund traded on stock exchanges, similar to stocks.

UltraPro: Indicates an ETF aiming for leveraged returns, typically providing a multiple of the daily performance of an index.

Assets under management (AUM): The total market value of assets a fund manages on behalf of investors.

Non-diversified: A fund that invests a large portion of assets in a small number of holdings, increasing concentration risk.

Leveraged ETF: An ETF using financial instruments to amplify returns, often targeting a multiple of an index’s daily performance.

Dividend yield: Annual dividends paid by an investment, expressed as a percentage of its current price.

Underlying holdings: The individual securities or assets that make up a fund’s portfolio.

Nasdaq-100 Index: An index of the 100 largest non-financial companies listed on the Nasdaq Stock Market.

Daily return objective: The fund’s goal to match or multiply the performance of its benchmark index each trading day.

Financial instruments: Contracts such as derivatives or swaps used to achieve specific investment outcomes.

Outperforming: Achieving a higher return than a specific benchmark or index over a given period.

Reportable assets: Assets that must be disclosed in regulatory filings, such as those reported to the SEC.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy.

Source link

‘Without precedent’: News outlets reject Pentagon press policy

Occasional Digest - a story for you

An extraordinary new policy from the Defense Department that equates basic reporting methods to criminal activity has prompted a revolt among Pentagon journalists that could leave the nation’s largest agency and the world’s largest military without a press corps.

The new policy, from Defense Secretary Pete Hegseth, is a dramatic departure from historic standards at the department, which previously required credentialed reporters to sign a simple, single-page document laying out safety protocols.

Replacing that document is a 21-page agreement that warns reporters against “soliciting” information, including unclassified material, without the Pentagon’s official authorization, characterizing individuals who do so as a “security risk.”

The policy would force journalists and media organizations to refrain from publishing any material that is not approved by the military — a clear violation of 1st Amendment protections to free speech, lawyers for media outlets said.

Major news organizations including the New York Times, Washington Post and Wall Street Journal, as well as right-leaning outlets such as Newsmax and the Washington Times, have refused to sign the document, with only one far-right outlet — the cable channel One American News — agreeing to do so.

The Los Angeles Times also will not agree to the policy, said Terry Tang, the paper’s executive editor.

In a rare joint statement, ABC, CBS, CNN, Fox News and NBC said that the policy “is without precedent and threatens core journalistic protections.”

“We will continue to cover the U.S. military as each of our organizations has done for many decades, upholding the principles of a free and independent press,” the news outlets said.

But Hegseth, who has aggressively pursued leaks and sources of unfavorable news stories since the start of his turbulent tenure as secretary, has doubled down in recent days, posting emojis on social media waving goodbye as media organizations have issued statements condemning the policy. Journalists were given a deadline of 2 p.m. PDT on Tuesday to either sign the document or relinquish their credentials.

It is unclear whether it will be viable for the Pentagon to maintain the policy, leaving the secretary without a traveling press corps to highlight his official duties or public events. And it is also uncertain whether President Trump approves of the extreme measure.

At a White House event Tuesday, Hegseth said that the policy was “common sense” and that he was “proud” of it. He said credentials should not be given to reporters who will try to get officials “to break the law by giving them classified information.”

Asked last month whether the Pentagon should control what reporters gather and write, Trump said “no.”

“I don’t think so,” Trump said, adding: “Nothing stops reporters.”

But Trump said Tuesday that he understands why Hegseth is pushing for the new policy.

“I think he finds the press to be very destructive in terms of world peace and maybe security for our nation,” Trump said. “The press is very dishonest.”

The widespread revolt has generated a show of solidarity from the White House and State Department correspondents associations, which characterized the Pentagon policy in a joint statement Monday as an attack on freedom of the press.

“Access inside the Pentagon has never been about convenience to reporters,” the statement reads. “The public has a right to know how the government is conducting the people’s business. Unfettered reporting on the U.S. military and its civilian leadership provides a service to those in uniform, veterans, their families and all Americans.”

Beyond the restrictions on media outlets, the Pentagon has taken a series of steps this year to try and identify officials who are deemed disloyal or who provide information to reporters.

In April, the Pentagon dismissed three top officials after an investigation into potential leaks related to military operational plans. That same month, Hegseth’s team began subjecting officials to random polygraph tests, a practice that was temporarily halted after the White House intervened, according to the Washington Post.

Then, in October, the Pentagon drafted plans to renew the use of polygraphs and to require thousands of personnel to sign strict nondisclosure agreements that would “prohibit the release of non-public information without approval or through a defined process.” The nondisclosure agreements include language that is similar to what reporters are being asked to sign by Tuesday.

Notably, many of Hegseth’s plans to target leaks have been leaked to news outlets, probably contributing to the Defense secretary’s suspicion about whom he can trust.

The timing of his efforts are also noteworthy, as they gained traction after he personally shared sensitive details about forthcoming strikes in Yemen in a private Signal group chat that mistakenly included a reporter from the Atlantic. Hegseth also shared information about the attacks in a separate Signal chat that included his wife, a former Fox News producer who is not a Defense Department employee.

Hegseth denied that any classified information was shared in the chat. Yet the situation led to an internal review of whether the disclosures were in violation of Defense Department policies.

The Pentagon has taken an even more aggressive approach to restricting reporters’ access than the White House, which months ago took control over press operations from the White House Correspondents Assn. — an independent group that had organized the White House press corps for decades.

Still, the White House has refrained from implementing changes to the briefing room seating chart, evicting outlets from workspaces within the White House complex or revoking press passes, after facing a legal challenge over an attempt to bar one major outlet — the Associated Press — from covering some presidential events at the beginning of Trump’s second term.

Trump, meanwhile, has continued to single out individual outlets he dislikes. On Tuesday, for example, the president refused to take questions from ABC News because he said he did not like how a news anchor had treated Vice President JD Vance.

“You’re ABC Fake News,” Trump said at a public appearance in the White House. “I don’t take questions from ABC Fake News!”

Source link

Here’s what the Dodgers will be charging for World Series tickets

Occasional Digest - a story for you

Can you put a price on the experience of enjoying a World Series game at Dodger Stadium?

Yes, and it’s a very high one.

The Dodgers put tickets for potential World Series games on sale Tuesday, with the cheapest seat available for $881.95, according to an afternoon review of the team website. That seat — $800 for the ticket and $81.95 for fees — is located at the end of the reserve level, high above the field and next to the foul pole.

World Series prices posted on the website Tuesday ranged as high as $1,510.05. The best seats are sold as part of season packages, so that $1,510.05 seat ($1,371 ticket plus $139.05 fees) is located on the field level, near the foul pole and bullpen.

If the Dodgers advance to the World Series and play the Seattle Mariners, the Dodgers would play as many as four home games, starting Friday, Oct. 24. If the Dodgers advance and play the Toronto Blue Jays, the Dodgers would play as many as three home games, starting Monday, Oct. 27.

On Oct. 24, a family of four could get into Disneyland for a total of $796. On Oct. 27, a family of four could get into Disneyland for a total of $676.

Ticket prices are subject to change based on demand.

When the Dodgers put National League Championship Series tickets on sale, the cheapest price was $155. On Tuesday, the cheapest ticket on the team website for Game 3 on Thursday was $168.

However, since the game time has been set at 3 p.m. and weekday afternoon games are not popular, tickets on the resale market could be bought for about $100 Tuesday.

Source link

Jordan seeks testimony from Jack Smith on Trump probes

Occasional Digest - a story for you

1 of 3 | Rep. Jim Jordan, R-Ohio, speaks with members of the press outside the House chamber ahead of the last votes before August recess at the U.S. Capitol in Washington, D.C., in July. Jordan on Tuesday demanded that former Special Counsel Jack Smith testify about his criminal probes of President Donald Trump. File Photo by Bonnie Cash/UPI | License Photo

Oct. 14 (UPI) — House Judiciary Chairman Jim Jordan on Tuesday demanded that former Special Counsel Jack Smith testify about his criminal probes of President Donald Trump that were ultimately dropped after the 2024 election.

Jordan, a Trump loyalist, made the demands in a letter to Smith, who had been appointed by the Biden-era Justice Department to oversee sprawling investigations into allegations Trump mishandled classified documents and tried to overturn the 2020 election.

The letter follows recent revelations that Smith’s team had obtained the cell phone data of nine Republican members of Congress, showing who they called in the days leading up to and immediately after the Jan. 6 insurrection.

Trump and his allies have accused Smith of leading politicized investigations into the president meant to damage him politically as he was campaigning to return to the White House in 2024.

“As the Committee continues its oversight, your testimony is necessary to understand the full extent to which the Biden-Harris Justice Department weaponized federal law enforcement,” Jordan wrote in his letter, accusing Smith of prosecutorial overreach and manipulating evidence.

Before resigning from his position in January just as Trump was about to be sworn into his second term, Smith issued a report to Congress stating that Trump would have been convicted of trying to overturn the 2020 election had he not been elected president in 2024. The Justice Department has a long-standing policy of not indicting sitting presidents.

Smith alleged that Trump had mounted a pressure campaign on state officials to throw out legitimate vote results in a scheme to have Trump certified as the winner of the 2020 election. As part of the effort, Trump directed a mob of his supporters to storm the Capitol on Jan. 6, 2021, as Congress was certifying the election results, Smith alleged.

Jordan wrote that his committee has already deposed several people who worked on Smith’s team and obtained FBI documents showing the surveillance of U.S. Rep. Scott Perry, who later had his cell phone seized. However, Jordan wrote that former Senior Assistant Special Counsel Thomas Windom refused to answer key questions from the committee. Jordan also demanded that Smith turn over documents.

Smith currently does not face any charges.

After leaving his position, the Office of Special Counsel, which is designed to operate with some independence from the Justice Department, began investigating Smith in August.

Source link

How will Donald Trump enforce his plan for Gaza? | Israel-Palestine conflict

Occasional Digest - a story for you

The US President has urged leaders in the Middle East to move past conflict.

United States President Donald Trump says his Gaza ceasefire deal will bring peace to the Middle East.

Some 20 world leaders, including Trump, signed the agreement at a special summit in Egypt on Monday.

The deal outlines the steps both Hamas and Israel must take to maintain the ceasefire and end the war in Gaza.

But it does not quite address the bigger question of what will happen in the Palestinian territory beyond the next few months.

What about Israel’s larger occupation? And the establishment of a viable Palestinian state?

How will Trump’s plan address these important issues?

Presenter: Nick Clark

Guests:

Ori Goldberg – political commentator

Phyllis Bennis – fellow at the Institute for Policy Studies

Muhammad Shehada – visiting fellow at the European Council on Foreign Relations

 

Source link

Horoscope today, October 15, 2025: Daily star sign guide from Mystic Meg

Occasional Digest - a story for you

OUR much-loved astrologer Meg sadly died in 2023 but her column will be kept alive by her friend and protégée Maggie Innes.

Read on to see what’s written in the stars for you today. 

♈ ARIES

March 21 to April 20

Working with what you have, in terms of ideas or emotions, could be better than starting over.

So even if the impulse is strong, do sit with this for a while.

A new way forward can show itself.

The way Neptune is guiding your heart may feel puzzling sometimes, but deep down you can sense the true strength.

an advertisement for mystic meg with maggie innes on wednesday

2

Your daily horoscope for Wednesday

♉ TAURUS

April 21 to May 21

The foundations of your chart matter so much to you to feel secure.

But the one person who can really control this today is you.

So ask yourself honestly what you could do differently.

At work, letting small niggles go can leave extra energy for a big final push – towards a top team or a signed-off document.

Get all the latest Taurus horoscope news including your weekly and monthly predictions

♊ GEMINI

May 22 to June 21

Your zodiac gift is your charm and conversational flair – and it’s a day to use this at every chance you get.

A stranger you exchange a few words with could be player in your future, so give everyone you connect with the radiance of your Gemini light.

Partners who play together can be winners in a luck contest.

Get all the latest Gemini horoscope news including your weekly and monthly predictions

♋ CANCER

June 22 to July 22

That noise in your mind around money could be feeding off memories more than facts – today you are star-supported to see the difference.

But you also recognise any unfairness in a bond or deal, and can start to correct the balance.

Jupiter ups your ability to be spontaneous, and to seize prize opportunities.

Get all the latest Cancer horoscope news including your weekly and monthly predictions

♌ LEO

July 23 to August 23

A role in someone else’s romance may have worked once, but no longer fits you – so find the words to break free.

This can create the space in your heart you need to manage your feelings better and end a time of love hesitation.

If you’re single, someone who posts on social media every day can be a source of passion.

Get all the latest Leo horoscope news including your weekly and monthly predictions

♍ VIRGO

August 24 to September 22

You are hiding something important – perhaps for the best of reasons.

But you sense this has to end – and today you have the right chart to start this process.

Security is so important to you – and Saturn backs this up.

When it comes to cash, saving is good, but not if it stops you spending on genuine needs.

Get all the latest Virgo horoscope news including your weekly and monthly predictions

a purple circle with the zodiac signs in it
You want to try something daring in terms of image or style? This can be your momentCredit: Getty

♎ LIBRA

September 23 to October 23

Lending or borrowing are not a good fit for your chart today – especially among friends.

It’s more important to find out why certain favours are requested, and what this means for two or more people.

You are the zodiac love-leader and partners can be back in tune, while new love links to a shared selfie.

Get all the latest Libra horoscope news including your weekly and monthly predictions

List of 12 star signs

The traditional dates used by Mystic Meg for each sign are below.

♏ SCORPIO

October 24 to November 22

You want to try something daring in terms of image or style? This can be your moment.

Rip up the fashion rule-book and go your own way – there can be an eager audience waiting to see what you do next.

Learning-based prizes can be a feature for you – to explore any opportunity to expand your knowledge.

Get all the latest Scorpio horoscope news including your weekly and monthly predictions

♐ SAGITTARIUS

November 23 to December 21

Solving mysteries, in person, or in a drama or literature setting, comes naturally when you try.

You have a knack for seeing beyond the surface, and for bringing people along with you.

So ask those big questions, of others and of yourself.

Being picky in passion terms clears the decks for “G” to appear.

Get all the latest Sagittarius horoscope news including your weekly and monthly predictions

♑ CAPRICORN

December 22 to January 20

Staying flexible in financial terms, rather than rushing to fix some figures fast, can lead you towards the big break you need.

So do resist any pressure to sign up to, or sign off, a deal before you’re ready.

You will know when you are, and this is your decision to make.

Love asks more of you, in ways that can heal your heart.

Get all the latest Capricorn horoscope news including your weekly and monthly predictions

a zodiac circle with the signs of the zodiac on it

2

Being picky in passion terms clears the decks for ‘G’ to appearCredit: Supplied

♒ AQUARIUS

January 21 to February 18

You may not feel you need togetherness – but you can still want it.

Love bonds on every level are the focus of your moon chart, and this allows you to be, and seem, more vulnerable than usual.

If you start the day single, you only have to hear one word uttered in an intriguing accent, to be totally hooked.

Get all the latest Aquarius horoscope news including your weekly and monthly predictions

♓ PISCES

February 19 to March 20

Mars’ rebellious streak could sabotage a work or love task that should be so straightforward.

If you recognise this urge, be ready to respond, and tap into your personal store of patience.

If you’re single, however, this planet clash can pair you with someone who appears 100 per cent “trouble” – yet irresistible.

Get all the latest Pisces horoscope news including your weekly and monthly predictions

Source link

Stock Market Today: BigBear.ai Edges Higher on New Defense Partnership

Occasional Digest - a story for you

BigBear.ai Holdings Inc (NYSE: BBAI) gained 1.14% to close at $8.91. Trading volume reached 172.3 million shares, almost two times its three-month average of 94.5 million.

The S&P 500 (SNPINDEX: ^GSPC) slipped 0.16% to 6,644.31, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 0.76% to 22,521.70 as investors digested renewed U.S.–China trade tensions.

Peers were mixed across the AI sector. C3.ai Inc (NYSE: AI) declined 1.96% to $18.99, while Palantir Technologies Inc (NASDAQ: PLTR) rose 1.43% to $179.74.

BigBear.ai’s gains followed its October 13 announcement of a partnership with Tsecond to deliver AI-enabled edge infrastructure for national security applications. The collaboration combines BigBear.ai’s ConductorOS orchestration platform with Tsecond’s BRYCK hardware, allowing U.S. defense teams to process data and deploy AI models in real time–even in disconnected or high-pressure environments. The partnership reinforced investor confidence in BigBear.ai’s positioning within mission-ready AI and government technology markets.

Market data sourced from Google Finance and Yahoo! Finance on Tuesday, Oct. 14, 2025.

Should you invest $1,000 in BigBear.ai right now?

Before you buy stock in BigBear.ai, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BigBear.ai wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $657,412!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,154,376!*

Now, it’s worth noting Stock Advisor’s total average return is 1,075% — a market-crushing outperformance compared to 190% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of October 13, 2025

Daily Stock News has no position in any of the stocks mentioned. This article was generated with GPT-5, OpenAI’s large-scale language generation model and has been reviewed by The Motley Fool’s AI quality control systems. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool recommends C3.ai. The Motley Fool has a disclosure policy.

Source link

Tommy Robinson ‘discriminated against by cops because of political beliefs when nabbed driving Bentley’

Occasional Digest - a story for you

FAR-RIGHT activist Tommy Robinson was discriminated against by police owing to his political beliefs when he was nabbed driving a Bentley, a court has been told.

He was stopped at the Channel Tunnel in a Bentayga with £13,000 in cash, his trial heard.

Police were suspicious of his claim he was delivering the car to a pal in Benidorm so detained him under counter-terror laws in July last year.

Alisdair Williamson KC, defending, told Westminster magistrates’ court police had taken a “discriminatory stance”.

Robinson, whose real name is Stephen Yaxley-Lennon, denies refusing to hand over his mobile PIN — an offence under the Terrorism Act.

Prosecutor Jo Morris said officers had legitimate reasons to detain him owing to his “associating with far-right activists”.

The trial continues.

Tommy Robinson, real name Stephen Yaxley-Lennon, arrives at Westminster Magistrates' Court.

1

Tommy Robinson was discriminated against by police owing to his political beliefs when he was nabbed driving a BentleyCredit: PA

Source link

Trump honors Charlie Kirk with Presidential Medal of Freedom

Occasional Digest - a story for you

President Trump on Tuesday posthumously awarded America’s highest civilian honor to Charlie Kirk, the slain activist who inspired a generation of young conservatives and helped push the nation’s politics further to the right.

The ceremony coincided with what would have been Kirk’s 32nd birthday. It came just over a month after the Turning Point USA founder was fatally shot while speaking to a crowd at Utah Valley University.

In a sign of Kirk’s close ties to the administration, he was the first recipient of the Presidential Medal of Freedom in Trump’s second term. The president also spoke at at Kirk’s funeral in September, calling him a “great American hero” and “martyr” for freedom, while Vice President JD Vance accompanied his body home to Arizona on Air Force Two along with Kirk’s widow, Erika.

“We’re here to honor and remember a fearless warrior for liberty, beloved leader who galvanized the next generation like nobody I’ve ever seen before, and an American patriot of the deepest conviction, the finest quality and the highest caliber,” Trump said Tuesday afternoon.

Of Kirk’s killing, Trump said: “He was assassinated in the prime of his life for boldly speaking the truth, for living his faith and relentless fighting for a better and stronger America.”

The Presidential Medal of Freedom was established by President Kennedy in 1963 for individuals making exceptional contributions to the country’s security or national interests or to world peace, or being responsible for significant cultural endeavors or public and private initiatives.

Tuesday’s event followed Trump returning to the U.S. in the predawn hours after a whirlwind trip to Israel and Egypt to celebrate a ceasefire agreement in Israel’s war with Hamas in Gaza that his administration was instrumental in brokering.

Trump joked that he almost requested to move the ceremony because of the trip.

“I raced back halfway around the globe,” Trump said. “I was going to call Erika and say, ‘Erika, could you maybe move it to Friday? And I didn’t have the courage to call. But you know why I didn’t call? Because I heard today was Charlie’s birthday.”

Argentine President Javier Milei, who had been visiting with the president at the White House earlier, stayed to attend the ceremony.

Trump has awarded a string of presidential medals going back to his first term, including to golf legend Tiger Woods, ex-football coach Lou Holtz and conservative economist Arthur Laffer, as well as to New York Yankees Hall of Fame pitcher Mariano Rivera and conservative radio host Rush Limbaugh, the latter of which came during the 2020 State of the Union. He awarded posthumous medals to Babe Ruth and Elvis.

This term, Trump has also announced his intentions to award the medals to Rudolph W. Giuliani, the former New York City mayor and a close former advisor, and to Ben Carson, who served as Trump’s first-term secretary of Housing and Urban Development.

Kirk founded Turning Point USA in 2012. Trump has praised Kirk as one of the key reasons he was reelected.

But Kirk’s politics were also often divisive. He sharply criticized gay and transgender rights while inflaming racial tensions. Kirk also repeated Trump’s false claims that former Vice President Kamala Harris was responsible for policies that encouraged immigrants to come to the U.S. illegally and called George Floyd, a Black man whose killing by a Minneapolis police officer sparked a national debate over racial injustice, a “scumbag.”

Trump wrote in a social media post hours before the event that he was moving the ceremony from the White House’s East Room to the Rose Garden to accommodate a crowd he said would be “so big and enthusiastic.”

Weissert writes for the Associated Press.

Source link

World Cup 2026 qualifying: Ivory Coast and Senegal claim final two African spots

Occasional Digest - a story for you

The Ivorians, who return to the World Cup finals for the first time since 2014, went through the entire 10-game group campaign without conceding a goal, one of two nations on the continent to do so alongside Tunisia.

Ivory Coast and Senegal join Morocco, Tunisia, Egypt, Algeria, Ghana, Cape Verde and South Africa in booking their ticket to next year’s World Cup finals.

One more side – the winners of next month’s continental play-offs – could join that group if they emerge from an inter-confederation tournament in March next year.

Cameroon, DR Congo, Gabon and Nigeria finished as the four best-ranked second-placed sides across the nine groups and one of those sides will have the chance to become Africa’s 10th representative at the expanded 48-team World Cup in Canada, Mexico and the United States.

The Confederation of African Football is yet to announce a date for the play-off draw.

Source link

Trump warns Hamas will be disarmed ‘quickly and perhaps violently’ | Hamas

Occasional Digest - a story for you

NewsFeed

President Donald Trump said that Hamas “is going to disarm” but if they don’t the US would act to disarm them “quickly and perhaps violently.” Trump declined to elaborate or to explain how the group would disarm a day after the Gaza peace deal was signed.

Source link

Israel imposes new Gaza aid restrictions, keeps Rafah crossing closed | Israel-Palestine conflict News

Occasional Digest - a story for you

Israel has imposed new restrictions on aid entering the besieged Gaza Strip and will not open the Rafah crossing as planned, while Israeli forces killed several people in the Palesitinian territory as the Israel-Hamas ceasefire came under growing strain.

Israel notified the United Nations on Tuesday that it will only allow 300 aid trucks – half of the number it originally agreed to – daily into the Gaza Strip from Wednesday.

Olga Cherevko, a spokesperson for the UN Office for the Coordination of Humanitarian Affairs (OCHA) in Gaza, confirmed the UN had received the note from the Coordination of Government Activities in the Territories (COGAT), the arm of the Israeli military that oversees aid flows into Gaza.

The COGAT note said no fuel or gas will be allowed into the war-torn enclave except for specific needs related to humanitarian infrastructure.

Reporting from Gaza City, Al Jazeera’s Hani Mahmoud noted that allowing 300 trucks of aid each day was “not nearly enough” for famine-stricken Gaza.

“Three hundred is not enough. It’s not going to change anything,” he said.

Israeli authorities also announced the Rafah border crossing between Gaza and Egypt will remain closed.

The restrictions came hours after Israeli forces killed at least nine Palestinians in attacks in northern and southern Gaza, medical sources told Al Jazeera.

At least six Palestinians were killed by Israeli forces in Gaza City, and three others were killed in Khan Younis.

Sources from al-Ahli Arab Hospital told Al Jazeera Arabic on Tuesday that Israeli soldiers killed five Palestinians in the Shujayea neighbourhood of Gaza City.

The Israeli military said it opened fire to remove a threat posed by people who approached its forces in northern Gaza.

The attacks come four days after a ceasefire between Israel and Hamas took effect, preparing the way for an exchange of captives and partial Israeli withdrawal from Gaza.

The ceasefire is the first phase of US President Donald Trump’s proposal for ending Israel’s war on Gaza, which has killed at least 67,913 people and wounded 170,134 since October 2023, according to Palestinian health authorities. The remains of thousands of other people are estimated to be under the rubble in Gaza.

At least 1,139 people were killed in Israel during the Hamas-led attack on October 7, 2023, and more than 200 others were taken captive.

Interactive_Rafah_crossing_enter_exit_May8
(Al Jazeera)

Under the terms of the ceasefire, Hamas and Israel carried out an exchange on Monday that saw the release of nearly 2,000 Palestinians imprisoned in Israeli jails and 20 Israeli captives held in the Gaza Strip. Some 154 prisoners were exiled to Egypt.

Hamas was also due to return the remains of 24 dead captives on Monday, but the group only handed over four coffins.

Trump’s ceasefire plan provided a mechanism if that handover didn’t happen, saying Hamas should share information about deceased captives and “exert maximum effort” to carry out the handover as soon as possible.

Hamas said that it would transfer the remains of four more deceased Israeli captives on Tuesday, and the Israeli military said that the Red Cross had received the bodies.

The Israeli military accused Hamas of violating the ceasefire “regarding the release of the bodies of the hostages”.

Trump noted the delay in handing over the remains of the deceased captives in a post on his Truth Social platform.

“THE DEAD HAVE NOT BEEN RETURNED, AS PROMISED! Phase Two begins right NOW!!!” he wrote.

Hamas has previously said recovering the bodies of some captives could take more time because not all sites where they were held are known, and because of the vast Israeli destruction of the enclave.

“The headline here is, Israel is already starting to put threats of restricting aid going into Gaza for what they say is the slow work by Hamas to get the bodies of the deceased captives back to Israel,” Al Jazeera’s Gabriel Elizondo said, reporting from the UN.

@ajplus

Israel unilaterally broke the last ceasefire in Gaza. AJ+ spoke to journalist and analyst Omar Rahman about what might make this deal different. #Gaza #Ceasefire #Israel #PeaceDeal #Palestine

♬ news, documentary, serious, depressing : L(1488971) – 8.864

UN urges more aid deliveries

The UN and the International Red Cross called for all crossings into Gaza to be opened to allow desperately needed aid into the enclave. The UN had 190,000 metric tonnes of aid waiting and ready to go into Gaza, OCHA spokesman Jens Laerke said on Tuesday.

UNICEF spokesman Ricardo Pires, meanwhile, said the UN Children’s Fund (UNICEF) had 1,370 trucks ready to enter Gaza.

“The level of destruction, again, is so huge that it will take at least 600 trucks a day, which is the aim that we have,” he said. “We’re far from that.”

The World Health Organization (WHO) also stressed the need to send more aid into Gaza.

“We need to scale up the delivery of medical supplies because the pressure on hospitals is not going to ease overnight,” WHO spokesman Tarik Jasarevic told reporters.

“We need really to bring as many supplies as we can right now to make sure that those health workers who are still providing healthcare have what they need.”



Source link

YouTubers Dan and Phil reveal they’ve been dating for 16 years

Occasional Digest - a story for you

British vloggers Dan Howell and Phil Lester — known for their gaming and comedic slice-of-life style videos — are taking ownership of their long-rumored romance after more than a decade of incessant fan “shipping” online.

The longtime collaborators revealed Monday that they have been dating for more than a decade, pretty much since they gained popularity in the late aughts. The YouTubers confirmed they have been an item in a 46-minute video titled “Are Dan and Phil in a Relationship?”

“We fell into it hard and fast in 2009,” Howell, 34, said. “And here we are almost 16 years later.”

Before Howell and Lester, 38, spoke about the origins of their couple-dom, the YouTubers— who both came out as gay in 2019 — talked extensively about why they waited go public with their relationship. First, they tackled some fans’ obsessive behavior.

Howell and Lester began appearing in each other’s YouTube videos in the late aughts and eventually, in 2014, launched their shared gaming channel — that page currently boasts 2.95 million subscribers. The pair documented their lives together, opening the door for fans to speculate on their relationship and foster a parasocial connection, Howell explained in the video. Among the most prominent internet personalities at the time, Howell and Lester often became the subject of fan fiction and fan edits on Tumblr.

“Some think that shipping real-life people is problematic. I think that humans cannot stop this natural tendency,” Howell said, later adding that “a line gets crossed” when fan speculation turns into investigation.

The pair recalled fans combing through their old social media posts, reaching out to their loved ones and filming them out in the real world. “If all this digging, investigating was small it could’ve been ignored,” Lester said.

“The problem is this became so big we could not ignore it,” Howell continued.

Howell and Lester also recalled fans dissecting their on-camera interactions and spreading the romance rumors during live events. Ultimately, the rumors became “too loud to ignore,” Lester said.

Howell said he was wary about how going public with Lester would impact their professional dynamic and spoke candidly about how his struggles with his sexuality affected their relationship.

“I had an extremely homophobic childhood,” Howell said, adding that the constant fan pressure to address the rumors took a toll on his mental health. He said that when he and Lester gained popularity he felt he “had to hide the relationship because I was still hiding who I was to my friends, family, myself.”

Online chatter didn’t help and “hit a nerve,” he said. Howell said Lester was “like a literal ray of light in my life back then” and committed to protecting their relationship.

“So when other people tried to grab it and drag it into the light, I felt completely violated,” Howell continued. “Having all of these people trying to out us and being so hostile to me when I tried to hide it was so triggering. Honestly, it could’ve killed me.”

Lester added: “It’s sad because those should’ve been the happiest times of our life. It was so amazing and we were having so much fun personally.”

Invasive fan behavior hung over their success “like a curse” and that led to anxiety and panic attacks, Howell said. Lester also recalled a “breaking point” in their relationship where a personal video leaked on YouTube and spread online, with re-posters refusing to take it down.

As they acknowledged the negative impact of some fans’ invasive behavior, the YouTubers said they don’t hold a grudge. Howell said the skeptics “were just young people that had absolutely no idea what the effects of their actions were.”

“In the same way that we all want people in our lives to give us patience and grace and benefit of the doubt if we ever make a mistake, I have to extend that to the world in regards to this story,” he added. “So I understand and I forgive.”

Howell and Lester, whose work also includes BBC Radio programming and several live tours, ended their video announcing the launch of a new podcast.

Source link

Why Constellation Energy Stock Crept Higher on Tuesday

Occasional Digest - a story for you

Key Points

Constellation Energy Group (NASDAQ: CEG) saw a decent bump in its stock price on Tuesday following news that a company it will soon own has received funding for a new power plant. Constellation’s shares closed the day more than 2% higher, a rate high enough to beat the S&P 500 index’s 0.3% rise.

Peak progress

Constellation’s asset-to-be is privately held utility Calpine, which announced Tuesday afternoon it had secured a loan agreement with the Texas Energy Fund for the facility. Specifically, Calpine plans to construct a 460-megawatt peaking facility — an electric power plant that runs only at times of peak demand — adjacent to its Freestone Energy Center in the state.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

Two workers in front of a set of wind turbines.

Image source: Getty Images.

The Texas Energy Fund is a state initiative aimed at supporting the development of power resources like Calpine’s planned facility. The company did not provide any financial details on the loan agreement in its press release on the matter.

The peaking facility is already under construction, and Calpine said it should be operational in 2026.

A $16 billion-plus deal

Constellation reached a deal to acquire Calpine back in January. The purchase is still awaiting approval from the relevant regulatory bodies, and is expected to close at some point this quarter. All told, Constellation is paying roughly $16.4 billion for the company in a cash-and-stock deal that includes assuming around $12.7 billion of Calpine’s debt.

Should you invest $1,000 in Constellation Energy right now?

Before you buy stock in Constellation Energy, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Constellation Energy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $657,412!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,154,376!*

Now, it’s worth noting Stock Advisor’s total average return is 1,075% — a market-crushing outperformance compared to 190% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of October 13, 2025

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Constellation Energy. The Motley Fool has a disclosure policy.

Source link

House Republicans seek testimony from ex-Trump prosecutor Jack Smith

Occasional Digest - a story for you

Republicans on the House Judiciary Committee requested Tuesday that Jack Smith, the former Justice Department special counsel, appear for an interview, part of an escalating effort among the GOP to pursue the perceived enemies of President Donald Trump.

Rep. Jim Jordan, the committee chair, charged in a letter to Smith that his prosecutions of Trump were “partisan and politically motivated.” Smith has come under particular scrutiny on Capitol Hill, especially after the Senate Judiciary Committee said last week that his investigation had included an FBI analysis of phone records for more than half a dozen Republican lawmakers from the week of Jan. 6, 2021

Smith brought two cases against Trump, one accusing him of conspiring to overturn the results of the 2020 presidential election and the other of hoarding classified documents at his Mar-a-Lago estate in Florida. Both were brought in 2023, well over a year before the 2024 presidential election, and indictments in the two cases cited what Smith and his team described as clear violations of well-established federal law. Former Atty. Gen. Merrick Garland, who named Smith as special counsel in November 2022, has repeatedly said politics played no part in the handling of the cases.

Smith abandoned the criminal cases against Trump after he won the presidential election last year. Trump’s return to the White House precluded the federal prosecutions, as well as paved the way for Republicans to go after Trump’s political and legal opponents.

Jordan wrote to Smith: “Your testimony is necessary to understand the full extent to which the Biden-Harris Justice Department weaponized federal law enforcement.”

In just the last weeks, the Trump administration has pursued criminal charges against both James Comey, the former FBI director, and New York Atty. Gen. Letitia James, who for years investigated and sued Trump.

The House Judiciary Committee has been looking into Smith’s actions as special counsel since the start of the year. Jordan said that it had interviewed two other members of Smith’s prosecutorial team, but they had declined to answer many questions, citing the Fifth Amendment.

An attorney for Smith did not immediately respond to a request for comment on the House Judiciary Committee’s interview request.

Groves writes for the Associated Press.

Source link

Lakers’ Marcus Smart will be on minutes restriction in preseason debut

Occasional Digest - a story for you

Marcus Smart estimated he’ll be limited to about 20 to 25 minutes in his Lakers preseason debut Tuesday night against the Phoenix Suns as he returns from Achilles tendinopathy.

Speaking after the team’s shootaround Tuesday, the 31-year-old guard said the rash of Achilles injuries suffered by NBA stars recently — including three during the playoffs last season — made his initial diagnosis frightening, but he took a cautious approach with the Lakers staff to ensure he was ready for the season.

“It wasn’t scary in the fact of understanding that tendinopathy, we all kind of have it playing over the time,” said Smart, who is entering his 12th NBA season. “Just making sure you do everything you need to do, to make sure that you can get back out here, or to be able to say, ‘No, I can’t.’ So you got to test it, unfortunately, and you got to see where you’re at. So we’ve done all the tests on the court, off the court and we’re feeling fast, feeling good so we want to give it a shot.”

Guard Luka Doncic is also expected to make his preseason debut after he was on a modified training schedule following a busy summer spent with the Slovenian national team. Coach JJ Redick said Monday after practice that Doncic and the team’s training staff had yet to determine a minutes restriction on Doncic, but expects that the five-time All-Star will see an increased workload by the time he suits up again for his second preseason game.

The Lakers will follow Tuesday’s game in Phoenix with a game against Doncic’s former team, the Dallas Mavericks, in Las Vegas on Wednesday. Because of the back-to-back schedule, it’s likely Doncic will play again Friday at Crypto.com Arena against the Sacramento Kings.

Since they are playing four games in six days, the Lakers ruled out guard Gabe Vincent, forwards Rui Hachimura and Jarred Vanderbilt and center Jaxson Hayes for Tuesday’s preseason game.

Rookie guard Adou Thiero [knee] has progressed to on-court activities, the team announced Tuesday, after the second-round draft pick was battling swelling in a knee. He will be re-evaluated in two to three weeks.

Source link

Boeing on pace to fulfill the most orders since 2018

Occasional Digest - a story for you

Boeing’s 737 MAX (pictured in 2024) remains the U.S. aerospace firm’s best seller and helped Boeing officials on Tuesday to report its best production numbers since 2018. File Photo by CJ Gunther/EPA

Oct. 14 (UPI) — Boeing’s 737 MAX commercial aircraft output this year has helped to put the nation’s largest aerospace firm on pace to produce its most aircraft since 2018.

Boeing delivered 160 commercial aircraft during the third quarter of 2025 and 440 total so far this year, which is shaping up to be its most productive since 2018, when it delivered 806 aircraft, according to Boeing production records.

Of the 440 commercial aircraft produced and delivered so far this year, 330 are the popular 737 MAX commercial aircraft.

Boeing also has delivered 61 of its 787 Dreamliner, 29 Boeing 777 airliners and 20 of its 767 airliners.

U.S.-headquartered United Airlines and American Airlines are among Boeing’s largest buyers of commercial aircraft, Simple Flying reported.

Ireland’s Ryanair also is among Boeing’s significant customers, along with Hong Kong-based Cathay Pacific, which bought 14 Boeing airliners, while Chinese airlines took delivery of nine in August.

Boeing also produced and delivered 32 defense, space and security aircraft during the third quarter and 94 so far in 2025, with remanufactured and new helicopters accounting for most of that production.

The aerospace company has remanufactured 28 AH-64 Apache helicopters and produced 14 more, and it has produced six MH-139 Grey Wolf helicopters.

The addition of one new and nine remanufactured CH-47 Chinook twin-rotor helicopters also boosted Boeing’s helicopter production so far this year to 58 delivered in total.

Boeing also has delivered seven F-15 fighters and 12 F/A-18 fighter-attack aircraft, along with nine KC-46 tankers and four commercial and civil satellites.

Boeing’s August production delivered 49 aircraft in total, which is significantly less than the 81 produced by global competitor Airbus for the month, Flight Plan reported.

Airbus also delivered 507 aircraft so far in 2025, according to CNBC.

Boeing increased its production to 55 delivered aircraft in September, though, which is the most since 2018.

Despite production increases, Guro Focus said Boeing’s three-year revenue growth rate was -1% at $75.33 billion through the third quarter.

The aerospace firm’s operating margin is -12.45%, while its net margin is -14.18% and its debt-to-equity ratio is -16.18%.

Those numbers affirm Boeing is struggling to generate a profit following recent production and labor issues that have limited production.

Boeing has endured two labor strikes since November but has resolved both.

The production of Boeing’s 737 MAX airliners is limited to 38 per month by the Federal Aviation Administration, which imposed the limit following the January 2024 loss of an improperly installed door plug on an Alaska Airlines 737 MAX soon after taking off from an airport in Oregon.

Boeing Chief Executive Officer Kelly Ortberg intends to boost 737 MAX production to 42 per month by January, CNBC reported.

Source link

US strikes another vessel off Venezuela coast, killing six

Occasional Digest - a story for you

The US has struck another vessel off the coast of Venezuela, killing six people, President Donald Trump has said.

In a post on Truth Social, Trump said the vessel belonged to “narcoterrorists” and that it was “trafficking narcotics.”

This is the fifth strike of its kind by the Trump administration on a boat accused of trafficking drugs on international waters since September. In total, 27 people have been reported killed, but the US has not provided evidence or details about identities of the vessels or those on board them.

Some lawyers have accused the US of breaching international law, and neighbouring nations like Colombia and Venezuela have condemned the strikes.

In his Truth Social post, Trump said “intelligence confirmed the vessel was trafficking narcotics, was associated with illicit narcoterrorist networks, and was transiting along a known” route for smuggling.

He also posted an aerial surveillance video showing a small boat on water that is struck by a missile and explodes.

Trump did not specify the nationality of those on board, or what drug smuggling organisation they are suspected of belonging to. He added that no US military personnel were injured.

The strike comes after a recent leaked memo sent to Congress, and reported on by US media, that said the administration determined the US was in a “non-international armed conflict” with drug cartels.

The US has positioned its strikes on alleged drug-trafficking vessels as self-defence, despite many lawyers questioning their legality.

Source link

BBC Dragons’ Dens star confirms ‘exciting’ twist that has ‘never been done before’

Occasional Digest - a story for you

Dragons’ Den star Sara Davies recently announced that she will be stepping away from the BBC show

Dragons’ Den favourite Sara Davies has dropped hints about an “exciting” twist that’s never been witnessed before as she prepares for her departure.

The businesswoman, 40, first entered the Den in 2019 and during her time she has helped a range of entrepreneurs with her expertise.

The TV personality has now revealed she’ll be ‘stepping back’ from the BBC programme to concentrate on her own enterprise.

Before her poignant farewell, Sara graced Tuesday’s (October 14) instalment of BBC The One Show with presenters Alex Jones and Roman Kemp.

Roman was eager to discover more about her final series as he hinted at a ‘remarkable’ scene that’s still to be broadcast, reports the Express.

The television host continued: “There is a very special moment this week as part of Dragons’ Den history. What can you tell us because I know you can’t say much.”

Sara began by revealing: “I don’t want to give too much away but there was a moment that happened in filming last year, which is what you will see this Thursday on Dragons’ Den between Steven (Bartlett) and I.”

The personality hinted: “We do something that has never ever happened in the Den before and as a result of that something pretty exciting happens and let me just tell you it’s a pretty good business. You’ll love it.”

Dragons’ Den viewers will witness the extraordinary moment unfold on Thursday’s (October 16) show and judging by Sara’s teaser, it’ll be utterly unforgettable. This follows Sara’s confirmation in an Instagram statement that she had “taken the decision to step away from the Den for now, to focus on my own business” – a crafting enterprise she established in 2005.

She will continue to feature in the latter half of the current series and judging by her statement’s phrasing, there remains potential for her comeback down the line.

The BBC is yet to reveal her replacement.

In her social media post, Sarah declared: “As this last run of Dragons’ comes to an end I have to say I’ve loved every minute of this series so far and I’m so proud of the businesses I’ve invested in this year!”.

“As a lot of you will know, I’ve taken up my position again as CEO of Crafter’s Companion and my business is my big priority this year. And when I commit to a business, I really commit, which is why I find Dragons’ Den such a rewarding role.

“As well as filming an incredible show, being a Dragon requires so much dedication and time behind the scenes as you join the life of each business you invest in.

“It means seeing through your investment and committing to your part in that organisation. It’s so much more than a TV show. That’s why taken the decision to step away from the Den for now, to focus on my own business, which was my first baby! So I won’t be filming with the team this year for the next series.”

The One Show airs weekdays from 7pm on BBC One and iPlayer and Dragons’ Den is available to watch on BBC iPlayer

Source link

Oriental Harbor Sells $37 Million in Netflix Stock — Here’s What Long-Term Investors Should Know

Occasional Digest - a story for you

Oriental Harbor Investment Master Fund sold 30,576 shares of Netflix in the third quarter for an estimated $37.3 million based on average prices during the quarter, according to an SEC filing released on Tuesday.

What Happened

According to an SEC filing released Tuesday, Hong Kong-based Oriental Harbor Investment Master Fund reduced its position in Netflix (NFLX -0.31%) by 30,576 shares. The estimated transaction value was $37.3 million, calculated using the average closing price for the quarter. Following the trade, the fund reported holding 12,184 shares valued at $14.6 million as of September 30.

What Else to Know

Oriental Harbor Investment Master Fund’s sale brought its Netflix stake to 1.13% of 13F reportable assets under management.

Top holdings after the filing:

  • NASDAQ:NVDA: $236.2 million (18.3% of AUM)
  • NASDAQ:GOOGL: $224.1 million (17.4% of AUM)
  • NYSEMKT:FNGU: $144.6 million (11.2% of AUM)
  • NASDAQ:TQQQ: $124.2 million (9.6% of AUM)
  • NASDAQ:META: $99.5 million (7.7% of AUM)

As of Tuesday afternoon, Netflix shares were priced at $1,210.69, up 70% over the past year and well outperforming the S&P 500’s 13% gain during the same period.

Company Overview

Metric Value
Price (as of Tuesday afternoon) $1,210.69
Market Capitalization $515.7 billion
Revenue (TTM) $41.7 billion
Net Income (TTM) $10.2 billion

Company Snapshot

Netflix, Inc. is a global leader in entertainment streaming. The company offers a broad portfolio of streaming TV series, films, documentaries, and mobile games, with content available in multiple languages and genres.

It also serves roughly 300 million paid subscribers across over 150 countries, targeting individual consumers and households seeking on-demand entertainment.

Foolish Take

Hong Kong-based Oriental Harbor Investment Master Fund trimmed its Netflix position by roughly $37 million last quarter—a notable move for a fund whose portfolio remains heavily tilted toward megacap tech. While Netflix now accounts for just 1.1% of Oriental Harbor’s holdings, positions in Nvidia, Alphabet, and Meta Platforms still make up nearly half of its reported assets, reflecting a continued preference for large-cap growth and AI-driven exposure.

Netflix, meanwhile, continues to post exceptional results. In its most recent quarter, revenue jumped 16% year over year to $11.1 billion, while operating margin expanded to 34%, driving a 47% increase in earnings per share. The company also raised its full-year forecast to roughly $45 billion in revenue and expects a 30% operating margin, underscoring the strength of its ad tier, global slate, and expanding live content strategy.

The sale could signal a tactical rebalance after a 70% rally in Netflix shares over the past year, far outpacing the S&P 500. For growth-focused investors, trimming such a high-flyer amid record profits may be more about portfolio discipline than waning conviction in the company’s outlook.

Glossary

Assets Under Management (AUM): The total market value of investments managed by a fund or investment firm.
13F Reportable Assets: Securities that institutional investment managers must disclose quarterly to the SEC if they exceed certain thresholds.
Quarter (Q3 2025): The third three-month period of a company’s fiscal year, here referring to July–September 2025.
Average Closing Price: The mean of a stock’s daily closing prices over a specified period.
Top Holdings: The largest investments in a fund’s portfolio, usually by market value.
Outperforming: Achieving a higher return than a specific benchmark or index over a given period.
TTM: The 12-month period ending with the most recent quarterly report.
Legacy DVD-by-mail Service: An older business model where DVDs are rented and sent to customers by mail, rather than streamed online.

Source link