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Deb Chubb is the only person who could bring this trio of veterans together.

The Yankees aren't afraid to jump into bed with a prediction market.

Check out the best sportsbook promos for the NFL preseason.

Next year’s class will be loaded, featuring Texas’ Arch Manning and Oregon’s Dante Moore.

"In Uncharted Waters": The SpaceX Lockup Expiration Begins

SpaceX shares are hovering near record lows after the company's first earnings report as a publicly traded company beat expectations. However, as we noted Tuesday, Thursday's first lockup expiration is likely the more significant near-term catalyst than earnings.

The first insider share lockup expires today and more than doubles the float from about 639 million to 1.55 billion. That means about 911.5 million shares of new supply are inbound for the market.

HSBC analysts Nicolas Cote-Colisson and Charlie Rothbarth recently mapped out the staggered lockup-expiration schedule:

SpaceX's IPO prospectus indicated that 555,555,555 shares would be issued to constitute the free float. We understand that the underwriters have exercised their option to purchase additional shares of Class A common stock in full, so the free float would have extended to 638,888,888 shares.

We identify 4,678m locked up shares and another 8,160m shares subject to an extended lockup. Based on the information provided by the SpaceX prospectus dated 12 June 2026, we calculate that 912m shares could be available for sale in the public market from 6 August 2026, compared with 640m shares constituting the free float at present. The free float would increase from 4.9% at present to 11.8%.

Another release event could occur on the same day depending on SpaceX shares trading above USD175.5 for at least five of 10 consecutive trading days ending on 4 August 2026 (i.e. between 22 July and 4 August 2026). The table below provides further event/date triggers for subsequent share releases.

Those restricted shares are currently owned by funds and individuals that have participated in the private rounds of financing and may be inclined to keep their shares. But we think investors should be aware of this.

Lockup expiration roadmap:

via HSBC

"We've never seen anything like it. We've never seen anything of this scale, and we've never seen a lockup phased in this way," Peter Singlehurst, head of Baillie Gifford's private companies team, which first invested in Musk's company in 2018, told Bloomberg. "We're in uncharted waters."

The incoming wave of supply has attracted short sellers to pile bearish bets on SpaceX. Data compiled by S3 Partners through Tuesday's close shows that 35% of the float is sold short.

That short interest is so concerning to Musk that he even felt compelled to comment and taunt bears hours before earnings on Tuesday.

"I try to warn them, but they just double down...," Musk wrote in an X post responding to a report citing proprietary data from S3 Partners.

I try to warn them, but they just double down … 🤷‍♂️

— Elon Musk (@elonmusk) August 4, 2026

Shares initially rallied following Musk's comments but have since reversed course, sliding back toward the $109 level. On Monday, the stock touched a record low of $104.83, leaving it 22.4% below its $135 offering price and 53.5% beneath its June peak of $225. The selloff has erased more than $1 trillion in market value.

Here's how Wall Street currently views the stock:

A large trading desk told us earlier this week that its team has yet to initiate any buy orders but may begin considering a long position once the first lockup expiration is underway.

Tyler Durden Thu, 08/06/2026 - 07:45

In the YouTube vlog, the 48-year-old said he hadn't been doing "things that [he] know[s] are good for" him, from working out to attending church.

In the YouTube vlog, the 48-year-old said he hadn't been doing "things that [he] know[s] are good for" him, from working out to attending church.

Frank Lloyd Wright remains a major figure in the history of American architecture. But when it comes to maintaining his surviving homes — well, that remains a major pain in the neck.

Researcher Finds Backdoor In Chinese-Made Routers Sold Worldwide

Authored by Evgenia Filimianova via The Epoch Times,

Cybersecurity company VulnCheck said on Aug. 5 that it has found that more than 20 models of a Chinese-made wireless router sold worldwide contain a hidden backdoor that could allow unauthorized access to devices connected to the network.

File photograph of ethernet cables running from the back of a router in Washington on March 21, 2019. Mandel Ngan/AFP/Getty Images

The finding adds to growing Western concerns about cybersecurity risks posed by Chinese-made networking equipment. Western governments have warned for years about hackers exploiting such devices, and U.S. regulators moved this year to restrict imports of foreign-made routers.

Jacob Baines, chief technology officer at VulnCheck, who found the backdoor, said in a blog post that the vulnerability, dubbed "Endlessdoors," affects routers manufactured by Shenzhen Zhibotong Electronics Co. and sold under the Zbtlink and Wiflyer brand names.

Routers serve as the gateway between internet-connected devices and the wider internet, directing traffic to computers, smartphones, smart televisions, cameras, and other connected equipment. Because routers manage internet traffic between connected devices and the wider internet, vulnerabilities affecting them can expose entire home or business networks.

Baines estimates that at least 100,000 such routers are deployed worldwide. The backdoor Baines discovered automatically "dials the same tiny set of endpoints," Baines said in a blog post on the company's website. Whoever controls those domains could take control of the router and potentially use it to access other devices on the same network, he said.

Baines said most people who order this router and use it for their small business or home office would likely have no clue that it could allow this sort of access.

"If I have it in my lab, in my lab at my university, you just invited them straight into your lab and they can roam the network as they choose," Baines said. "The capabilities are devastating."

Western governments have warned about Chinese-linked hackers abusing small office and home office routers and other internet devices to gain access to networks for later intrusions as well as cyberespionage.

Beijing regularly denies condoning or carrying out cyberattacks or cyberespionage.

The Epoch Times reached out to Shenzhen Zhibotong Electronics/Zbtlink for comment but didn't receive a response by publication time.

US Scrutiny

The findings come as U.S. officials continue to increase scrutiny of networking equipment manufactured by companies with links to China.

In March, the Federal Communications Commission (FCC) announced restrictions on imports of certain foreign-made consumer routers over national security concerns.

The FCC said in a March 23 statement that foreign-made routers had been exploited by malicious actors to target U.S. households, disrupt networks, conduct espionage, and steal intellectual property.

"Foreign-made routers were also involved in the Volt, Flax, and Salt Typhoon cyberattacks targeting vital U.S. infrastructure," it added.

In February, Texas filed a lawsuit against TP-Link Systems, alleging the networking company exposed American consumers' devices to Chinese regime access.

In response to the lawsuit, TP-Link Systems, which was spun off from a Chinese company, said it would "vigorously defend" its reputation, called the allegations "without merit," and added that the Chinese communist regime has no form of ownership or control over the company, its products, or user data.

Risk for Networks

VulnCheck on Wednesday published a list of 20 affected models and urged organizations to determine whether any remain deployed in their networks.

VulnCheck said users should identify affected devices by their model numbers rather than the brand name because Zbtlink manufactures routers for other companies under original equipment manufacturer (OEM) and original design manufacturer (ODM) agreements.

The company recommended replacing affected devices where possible, restricting remote management access, and installing firmware updates if security fixes become available.

In this photo illustration, a hacker types on a computer keyboard on May 13, 2025. Oleksii Pydsosonnii/The Epoch Times Tyler Durden Thu, 08/06/2026 - 07:20

A suspect involved in a deadly home invasion in a coastal Connecticut beach town was captured by US Marshals in New York following a two-month investigation.

Asked about George Lombard Jr. on Wednesday, Cody Bellinger offered what is a high compliment in the sport. 

Puerto Rico's government filched the baseball great's name and image — but the Constitution has something to say about that.

"If Clarity Dies, Democrats Killed It": Lummis Urges Senate To Act On Crypto Bill Before Recess

Pro-bitcoin Senator Cynthia Lummis has said that bipartisan work is going into the crypto Clarity Act but warned that some lawmakers are still making unreasonable demands.  

The Republican, speaking to Fox Business Wednesday, said that she had been working with Democratic lawmakers into the night to get the bill over the line. 

But, as Bitcoin Magazine's Mathew Di Salvo reports, she said that some Democrats were still dragging their feet on the bill. Lawmakers are pushing to get a vote on the crypto market structure bill before the Senate goes to recess.

JUST IN: 🇺🇸 Senator Cynthia Lummis says "I believe we will get a vote on the Clarity Act before August recess." 👀

"I don't think we'll be leaving on Friday, I think we'll go into the weekend."

Pass it! 🚀

pic.twitter.com/1AZR7DzEln

— Bitcoin Magazine (@BitcoinMagazine) August 5, 2026

“The president agreed to an ethics provision that no president has ever agreed to,” Lummis said.

“He’s gone farther to protect ethics than any president in history — yet the Democrats do want more. Their proposal is in front of the president now, and we’ll see what he does.”

She added:

“We’re going to vote on it. If it dies, it’s going to be because the Democrats kill it. I’ve bent over backwards for 11 months, to give them as much as we can possibly give them to regulate this industry.”

The Clarity Act has been in a deadlock for much of 2026, partially because the banking lobby raised concerns over crypto companies allowing clients to earn stablecoin yield. 

An updated bill of the Clarity Act was introduced in July addressing concerns around ethics; it now bans government officials and their families from issuing or promoting crypto. 

Democrats have criticized President Trump’s family crypto business ventures. The White House has always said there have been no conflicts of interest. 

A group of Democrats in July said the bill needs work. 

Major financial institutions like Fidelity and BlackRock, and law enforcement organizations have thrown their weight behind the new bill, 

If passed, the Clarity Act would create a regulatory framework for the U.S. cryptocurrency market.

Tyler Durden Thu, 08/06/2026 - 06:55

"Hopefully, this device will address many of the questions he refused to answer at last week’s hearing," added Johnson.

The lefty Canadian illegal immigrant who slapped a teenage girl at the Jersey Shore wearing pro-Trump clothing embarrassingly failed to raise half the money requested for her legal fund.

EU To Use $1.62 Billion In Interest From Frozen Russian Assets To Support Ukraine

Authored by Victoria Friedman via The Epoch Times,

The European Union will use $1.62 billion accumulated from interest on frozen Russian assets to support Ukraine, the union's executive branch has said.

European Commission President Ursula von der Leyen speaks during a news conference as part of the European Council meeting to discuss Ukraine, European defense, recent developments in the Middle East, competitiveness, housing, and migration, in Brussels, Belgium, on Oct. 23, 2025. Nicolas Tucat/AFP via Getty Images

The European Commission said in an Aug. 4 statement that the funds, transferred to the bloc on Monday, came from the immobilized assets of Russia's central bank being held by the Central Securities Depositories in the EU.

This was the fifth such transfer of its kind, with the seized assets having generated a total of $9.23 billion in interest.

European Commission President Ursula von der Leyen said that Moscow "must pay for the destruction it has caused. And we are using the proceeds from the immobilised Russian assets to make sure it does."

"We are making a further [$1.62] billion of them available to Ukraine. This will support Ukraine's continued resistance against Russia's illegal war," she said.

The funds are from assets immobilized under EU sanctions, which were imposed in response to Russia's invasion of Ukraine.

Billions Frozen

The majority of frozen Russian assets are being held by Euroclear, a financial market infrastructure group based in Belgium. Euroclear holds around $213 billion in assets, with another $29 billion held predominantly in France, Germany, Sweden, and Cyprus, according to figures quoted by the European Council in December 2025.

The EU says that while the assets are immobilized, the interest does not belong to Russia, with the European Council deciding the net profits should go to support Ukraine.

Moscow has previously called funds from Russian frozen assets that are given to Ukraine "stolen money."

Russian Foreign Minister Sergey Lavrov said on June 24: "It is one thing when you are free to dispose of your assets and receive the interest stipulated by the agreement with Euroclear, while everything above that belongs to them. But you are still free to manage your own funds.

"When your assets are frozen and they tell you, 'You sit tight for now, while we make additional profits here and hand them all over to Ukraine,' this is a very serious matter from the standpoint of the West's attempts to convince everyone that the world order they created and that functioned through modern institutions of global governance - the IMF, the World Trade Organization - remains relevant."

The vast majority of the proceeds - 95 percent - will be distributed to the Ukraine Loan Cooperation Mechanism, which provides support to Ukraine in repaying financial assistance loans and loans provided by the G7. The remaining 5 percent provides funding for military and defense needs.

Russian Sanctions

Last week, EU members agreed on the bloc's 21st round of sanctions against Russia, mainly targeting financial institutions, in a bid to weaken Moscow's economy and affect its war effort.

Von der Leyen said on July 23 that the bloc was adding 32 Russian banks to its transaction-ban list, as well as oil trading platforms and cryptocurrency firms.

The package also freezes the oil price cap for one year "so that the Russian war machine does not benefit from market shocks," she said.

In response, the Russian Permanent Mission said that "European bureaucracy, disregarding the economic costs, continues to pursue its course of escalating confrontation with Russia."

The July 23 statement said that the restrictions "will further aggravate the already acute social and economic problems in the European Union," which the mission said was due to the bloc's decision to drop Russian energy supplies and to continue to spend billions on aid to Ukraine, "all against the backdrop of instability in global energy markets due to the escalation of the conflict in the Middle East."

"We reaffirm that the hostile unilateral coercive measures of the European Union against our country will be met with an effective and due response from Russia," the mission said.

Tyler Durden Thu, 08/06/2026 - 06:30

Clinical psychologist Nicole LePera, 43, and her spouse Lauren Galvin — creators of a mega-popular Instagram account and numerous books -- are being sued by their former lover, Jenna Weakland.

A healthcare executive suffered a traumatic brain injury in the luxury seats of Yankee Stadium when a player accidentally frisbeed his bat into the stands and whacked her in the noggin, a new $10 million lawsuit claims. Stephanie Duluc, 37, chief of staff at the Bronx-based SOMOS Community Care, was taking in the June 2...

Rather than becoming redundant in the age of Ozempic, wellness retreats are rolling out programming to support GLP-1 users’ goals.

A valuable member of the front office group is leaving the team after four years, culminating in the franchise’s first championship since 1973.