Category Archives: general

A Catawba County police department was the first agency in NC to join ICE task force agreement

Sarah Johnson is the courts and breaking news reporter for the Hickory Daily Record.

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https://journalnow.com/news/local/government-politics/article_ab1f2717-a54b-5c47-8014-188da36ab4bb.html

MAGA host panics over big Dem election wins: ‘I’m afraid our midterms will look like this’

Pro-MAGA host Gina Loudon expressed concern that Republicans might lose in the upcoming midterm elections after Democrats dominated election night on Tuesday. Speaking on Real America’s Voice following President Donald Trump’s address to Republican senators on Wednesday, Loudon shared her thoughts on the election results.

“Yeah, first of all, I think it was nice to see a president that was so presidential, as he stayed very calm, he didn’t really respond to any of the silliness of Mamdani, all the rest of it,” she explained.

Loudon continued, “I think that the consensus is, I’m looking through our chat, and I think that, to put it very succinctly, President Trump, being president, is a huge job. That’s obviously an understatement. He has spent a lot of time looking out at the world and trying to fix things. I think it is time to come home and to focus on our, especially our economy.”

According to Loudon, “People are feeling completely disabled economically. And if we don’t come home and focus on our domestic issues, I’m afraid our midterms will look like this.”

Correspondent David Zere agreed with her assessment. “And the foreign policy is critical,” he said, “but people can’t survive.” He added, “Lettuce is still $3 a head in the supermarket. And Trump’s economic agenda has not kicked in yet, but people can’t wait, and that’s exactly what Mamdani took advantage on yesterday in New York City.”

Loudon argued that Republicans were losing elections because they were “letting [Democrats] label us as these, you know, awful, selfish capitalists.”

She emphasized the distinction between Donald Trump and a tyrant, stating, “Yes, Donald Trump is wealthy, but he wants every American to be wealthy. He said it many times. He’s working for it every single day. And I think it’s going to take more than nine months to get it done,” she remarked.
https://www.rawstory.com/gina-loudon-midterms-panic/

36k-Mile 2002 Mercedes-Benz SL500

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https://bringatrailer.com/listing/2002-mercedes-benz-sl500-104/

Here’s Why A PS5 Leak Has Everyone Talking About Sony’s PC Plans

“It’s important to realize that we’re really thoughtful about bringing our franchises off console to reach new audiences and that we’re taking a very measured, very deliberate approach in doing that.”

That’s how PlayStation Studios CEO Hermen Hulst described Sony’s approach to porting its first-party exclusives to PC earlier this year. But recent discoveries of references to PC gaming and a possible “cross-buy” feature on the PlayStation 5 storefront have sparked speculation that the company might be planning something bolder with its next console lineup, possibly when the PS6 launches in the not-too-distant future.

### New Symbols Hint at Cross-Platform Features

According to dataminer Amethxst, with confirmation from others, new symbols have been added to the PlayStation Store backend for PS5. Among these are a shared “PS5/PC” icon and another labeled “Cross-Buy.” These icons use official Sony fonts and are notably absent from the PS4 interface.

While these new symbols aren’t concrete proof of upcoming features, they strongly suggest that Sony is exploring ways to expand the PlayStation ecosystem beyond a single console. This would be similar to Microsoft’s “Play Anywhere” initiative, which allows cross-platform ownership between Xbox consoles and Windows PCs. Microsoft has also expanded into PC gaming handhelds with devices like the ROG Xbox Ally X, offering a full-screen Windows gaming experience.

### Sony’s Expanding Footprint on PC Gaming

Sony’s efforts to extend its reach into PC gaming have been ongoing for years. Starting with *Horizon Zero Dawn* in 2021, the company has steadily brought major PS5 exclusives like *Spider-Man 2* to platforms such as Steam and the Epic Games Store, often within 15 months of their console release. At this rate, fans can expect *Astro Bot* to arrive on PC by early next year.

However, Sony has refrained from adopting day-and-date releases on PC outside of online multiplayer titles like *Helldivers 2*. Balancing the transition to PC while encouraging new players to join the PlayStation Network (PSN) remains a challenge.

### Navigating the PlayStation Network Integration

To enhance the PC gaming experience, Sony has incorporated features like trophy support in Steam versions of titles such as *Ghost of Tsushima*. Yet, the requirement for PSN login—even in single-player games—has drawn criticism from the community. This illustrates the delicate balance Sony must maintain to protect its ecosystem while expanding onto other platforms.

One significant downside for Sony is that when PlayStation games sell on PC via third-party storefronts, companies like Valve and Epic take a cut of the sales revenue.

### The Case for a PlayStation PC Launcher

A straightforward solution to this issue would be a dedicated PlayStation PC launcher, similar to services offered by Ubisoft and other major publishers.

Interestingly, Sony reportedly considered such a launcher based on file references found in *Spider-Man Remastered*. While the company opted to directly integrate PSN authentication into Steam versions, the recent “PS5/PC” and “Cross-Buy” references suggest that a bespoke launcher might still be in development.

A PlayStation PC launcher would enable features such as purchasing a game like *God of War* once and accessing it on both console and PC without extra cost—mirroring Microsoft’s “Play Anywhere” model. For example, buying *Baldur’s Gate 3* on Xbox Series X grants access to the Windows version because Microsoft owns the PC storefront and manages cross-platform licensing.

### Revisiting Cross-Buy Support and Rumored Handhelds

Far from being a new concept, Sony has supported “Cross-Buy” within the PlayStation ecosystem before. A notable example was the PlayStation Vita, which allowed owners to buy certain games once and play them across both the portable system and PS3. The original *Helldivers* benefited from this feature before the Vita’s rapid decline ended the initiative.

A new high-end gaming handheld approaching PS5-level performance could revive and expand “Cross-Buy” in a meaningful way.

### What the Future Might Hold

There are two intriguing possibilities:

1. Sony’s rumored next-generation handheld could provide access to the entire library of PS4 and PS5 games players already own, leveraging “Cross-Buy” to unify the ecosystem.

2. For PC gamers new to PlayStation, “Cross-Buy” could offer a seamless bridge—allowing them to redeem digital purchases across PC and PlayStation consoles, making it easier to join the PlayStation ecosystem.

Sony’s recent developments hint at a future where the PlayStation experience transcends traditional hardware boundaries, broadening accessibility while maintaining the strong identity that has defined the brand for years. Whether through new launcher technology, enhanced cross-buy support, or innovative handheld devices, the PlayStation ecosystem appears poised for exciting evolution.
https://kotaku.com/ps5-pc-cross-buy-leak-sony-handheld-ps6-2000641324

Bitcoin Crash Linked to $1T Treasury Cash Grab:What’s Next?

Key Insights: Treasury’s $1T Cash Buildup Drains Market Liquidity, Pressuring Bitcoin

The U.S. Treasury’s nearly $1 trillion cash buildup has drained market liquidity, tightening funding conditions and putting pressure on Bitcoin’s price. In response, the Federal Reserve has resumed overnight repurchase agreement (repo) operations, injecting $30 billion in liquidity to ease short-term market stress.

Treasury Cash Balance Nears $1 Trillion

A new report from ET, a researcher at SoSoValue (Agarwood Capital), highlights the growing cash balance in the Treasury General Account (TGA) and renewed stress in funding markets as key factors behind tightening U.S. dollar liquidity. As the TGA approaches $1 trillion, it is effectively removing cash from circulation and reducing reserves in the banking system, resulting in tighter funding conditions.

At the same time, the spread between the Secured Overnight Financing Rate (SOFR) and the Federal Reserve’s target rate has widened to +30 basis points, indicating that banks are paying more to borrow short term.

Fed Resumes Overnight Repo Operations

In response to these tightening conditions, the Federal Reserve has reintroduced overnight repo operations, supplying nearly $30 billion in short-term liquidity as of October 31. This marks the first such intervention since 2019 and signals a shift away from passive balance sheet reduction toward direct market support aimed at easing funding stress.

The liquidity drain-related issues are also linked to the ongoing U.S. government shutdown. To prepare for potential spending delays, the Treasury has issued additional debt, which has increased the TGA balance, effectively pulling dollars out of the market.

Bitcoin’s Price Reflects Tightening Dollar Liquidity

Bitcoin has shown sensitivity to shifts in dollar liquidity. Unlike technology stocks, which have remained relatively stable, Bitcoin has experienced a decline since mid-October. The report connects this drop to rising funding costs and reduced dollar flow in the markets.

Data indicates that reverse repurchase agreements—a tool banks use to access short-term cash—have climbed back to $50 billion, pointing to heightened demand for safe and liquid assets.

According to ET, monitoring changes in TGA and reverse repo balances provides more accurate real-time insights into liquidity conditions than simply tracking the size of the Fed’s balance sheet.

Reopening Could Restore Liquidity and Support Bitcoin

The report suggests that market conditions may improve once the U.S. government reopens. As the author notes, “Historically, when the Treasury hoards cash and liquidity tightens to extremes, a market reversal often follows.” Forecasts indicate a potential congressional deal by mid-November, which would likely lead the Treasury to resume spending, reduce the TGA balance, and put dollars back into the market.

This influx of liquidity could alleviate pressure on risk assets such as Bitcoin. The researcher further notes that Bitcoin may be entering the final stage of its current correction. Should liquidity improve alongside possible rate cuts, the market could begin a new upward phase.

https://bitcoinethereumnews.com/bitcoin/bitcoin-crash-linked-to-1t-treasury-cash-grabwhats-next/

The Goodyear Tire & Rubber Company (NASDAQ:GT) Q3 2025 Earnings Call Transcript

The Goodyear Tire & Rubber Company (NASDAQ: GT)
**Q3 2025 Earnings Call Transcript**
**November 4, 2025**

**Operator:**
Good morning. My name is Katie, and I’ll be your conference operator today. At this time, I would like to welcome everyone to Goodyear’s Third Quarter 2025 Earnings Call.
[Operator Instructions]
Please note this call may be recorded. It is now my pleasure to turn the conference over to Ryan Reed, Vice President, Investor Relations. Please go ahead, sir.

**Ryan Reed:**
Thank you, and good morning, everyone. Welcome to our third quarter 2025 earnings call. With me today are Mark Stewart, CEO and President; and Christina Zamarro, Executive Vice President and CFO.

A couple of notes before we get started. During this call, we’ll make forward-looking statements and refer to non-GAAP financial measures. For more information on the most significant factors that could affect our future results and for reconciliations of non-GAAP measures, please refer to today’s presentation and our filings with the SEC. All our earnings materials can be found on our website at investor.goodyear.com, where a replay of this call will also be available.

I’ll now turn the call over to Mark.

**Mark Stewart:**
Thank you, Ryan, and good morning, everyone. Thank you for joining our call.

As outlined in our press release, we delivered revenue of $4.6 billion and segment operating income of $287 million in the quarter, results slightly ahead of the revised expectation we shared with you all on our last call.

It’s important to view these results in the context of an industry environment that remains challenging, particularly given continued volatility and global trade flows. Even in that environment, we achieved meaningful sequential earnings and margin expansion, driven by the continued strong execution of the Goodyear Forward initiatives.

Last quarter, I emphasized our focus on controlling the controllables and that approach continues to guide our actions here at Goodyear.

With yesterday’s announcement on the Chemicals business, we’ve now completed our planned divestitures, and we’re bringing the balance sheet back to a position of health. We’ve introduced more premium product lines than ever before while improving organizational agility and sharpening our focus on margin and profitability.

We’re positioning the business to be able to leverage those strengths as the market environment begins to normalize.

With the remainder of my time today, I’ll discuss what we’re seeing across the industry and in each of our business segments, and how we’re responding.

After that, I’ll hand it over to Christina to walk through our third quarter financial results and how we’re thinking about the outlook for the remainder of ’25.

### Americas Segment

In the Americas, the consumer replacement market continued to experience disruption similar to last quarter.

On the consumer OE side, volume performed well, supported by strength in light truck and SUV fitments. Additionally, we’ve won additional fitments driven by OEM preferences for USMCA-compliant supply. We expect OEM resourcing to remain a positive contributor for us going forward.

As you all know, with U.S. tariffs on consumer tires effective in May, the domestic replacement market saw a surge of low-cost imports, coinciding with the implementation of increased duties during the first half of this year.

In the third quarter, U.S. non-USTMA member imports were up an estimated 2%, which is actually a positive development compared to the significant growth we saw in the first half of this year. More recently, we’re hearing that the low-end imports may have slowed further, though it may take more time to confirm that trend, given the current government shutdown, which impacts the reporting of the imports.

At a macro level, U.S. vehicle miles traveled are trending up about 1 percentage point year-to-date, while industry sellout is roughly flat, suggesting consumers are extending the replacement cycle. Meanwhile, dealer and distributor channel inventories remain elevated with prebuy, and we expect the consumer replacement environment to stay challenging in the near term.

Our focus in that environment has been on introducing new high-margin product lines, the 18 and above rim size and targeted product line extensions to drive our earnings in the coming year.

In October, we revitalized our all-terrain product portfolio with the launch of three new product lines designed for SUV, light truck, and off-road applications. The new lineup includes the Goodyear Wrangler Outbound AT, Goodyear Wrangler Workhorse AT2, and the Goodyear Wrangler Electric Drive AT.

We’ve also finalized our famous Goodyear Eagle F1 lines with our new all-season tire for the high-performance segment as well. Consumer feedback during launch events has been exceptionally strong.

We’re aligning distribution and retailer partnerships to ensure priority availability and service for our most profitable products. In our company-owned retail stores, we are upgrading the store and customer experience with enhancements including more products, more financing options, and a complete refresh of the environment at select locations nationwide.

We have achieved meaningful earnings growth in our retail business over the past year through increasing same-store service revenues and addition of new last-mile mega fleet business. With this success, we plan to open new brick-and-mortar storefronts in the coming quarters, strengthening our retail footprint as a differentiator.

### Americas Truck Business

Conditions were similar to the second quarter. Heavy truck builds in the U.S. declined over 30% as OEMs adjusted production amid reduced end market demand, driven by uncertainty over EPA emissions mandates.

In replacement, imports remained elevated during the third quarter as commercial tire IEEPA tariffs were implemented in August.

We expect fourth quarter industry conditions in the U.S. to broadly reflect the same dynamics as the third quarter with elevated channel inventories and potential for some incremental reductions in OE volume, given multiple OEM supply chain challenges.

We continue to expect momentum to return as these transitory headwinds resolve.

### EMEA Segment

Similar to U.S. dynamics, EMEA’s consumer replacement industry was driven by a prebuy of imports ahead of tariffs expected early next year. While domestic manufacturers lagged the industry, we returned the business to profitability following a weak first half.

This improvement was driven by 20% growth in consumer OE volume, representing more than 3 points of market share gain. OE profit per tire in EMEA is increasing, indicating the right choices with our OE partners.

Our OE portfolio reflects industry-leading technology and product performance.

We completed two major factory restructuring actions in the region during the quarter, strengthening the foundation for continued operational performance.

Looking ahead, winter order book and channel inventories are healthy, and we are optimistic about EMEA’s earnings potential in the fourth quarter.

### Asia Pacific Segment

Execution and SOI margin remained strong. We have exited less profitable SKUs and increased our mix of high-margin product lines.

In the third quarter, we outpaced the consumer replacement industry in Goodyear brand 18 and above rim sizes in China.

New OE fitment wins with Geely, VW and Toyota are ramping through the fourth quarter, and we expect to return to year-over-year OE growth and further improve SOI and margin.

Before closing, I want to emphasize that despite the uneven market backdrop, our steady and consistent execution of the Goodyear Forward Plan has been instrumental in positioning the business for near-term stability and long-term success.

I want to thank all our associates worldwide for their efforts and results.

Goodyear Forward is more than numbers; it defines the evolution of the company and how we will continue to create value.

With that, I’ll turn it over to Christina.

**Christina Zamarro:**
Thank you, Mark, and good morning, everyone.

Our third quarter results show lower costs driven by Goodyear Forward and a significant reduction in debt.

We are well positioned for growth as the broader economy strengthens in 2026.

Prebuy channel inventory tied to tariffs is depleted, and the implementation of tariffs in the U.S. and potentially in Europe begins to reshape market dynamics in our favor.

### Financial Results (Slide 9)

Third quarter sales were $4.6 billion, down 3.7% from last year, reflecting lower volume and the sale of OTR, partly offset by price/mix improvements.

Unit volume declined 6%, reflecting lower consumer replacement volume.

Segment operating income was $287 million, decreasing from last year but increasing $128 million versus the second quarter.

Goodyear reported a net loss of $2.2 billion, driven by noncash nonrecurring items, including a deferred tax valuation allowance and goodwill impairment in the Americas.

The valuation allowance against tax assets does not limit our ability to use them in the future.

Adjusted earnings per share were $0.28 compared to $0.36 last year.

### Segment Operating Income Walk (Slide 10)

– Sale of off-the-road business reduced earnings by $10 million.
– Post-change, segment operating income declined $49 million versus last year.
– Lower tire unit volume and factory utilization were a $90 million headwind; price/mix improvements contributed $100 million.
– Raw materials were a $81 million headwind.
– Goodyear Forward contributed $185 million benefit.
– Inflation and other costs were a $137 million headwind, including ~$40 million tariffs, $25 million manufacturing inefficiencies due to factory closures and lower production, and $20 million increased transportation and warehousing costs.
– Nonrecurrence of insurance proceeds from last year was a $17 million headwind.
– Other segment operating income was a $16 million headwind.

### Cash Flow & Balance Sheet (Slide 11)

Operating cash flow was about flat for the quarter. Third quarter CapEx resulted in free cash flow usage of $181 million.

Year-to-date free cash flow includes proceeds from asset sales, covering long-term supply agreements and a prepaid Dunlop inventory transfer to occur at year-end.

We expect year-end operating cash flow benefits related to supply, licensing, and transition agreements to be about $370 million, inclusive of the chemical sale.

Pro forma for the chemicals transaction, third quarter debt declined about $1.5 billion, reflecting asset sale proceeds (net of fees), partly offset by cash used for working capital and restructuring over the last 12 months.

We expect to generate significant free cash flow in the fourth quarter, consistent with historical seasonality.

### SBU Results (Slide 13-15)

**Americas:**
Unit volume decreased 6.5%, largely from consumer replacement decline. U.S. consumer replacement industry sell-in fell 4%, low-end imports increased 2%, but growth in imports has slowed significantly. Consumer OE volume grew 4%, marking the seventh consecutive quarter of OE share gains. Commercial OE volume declined 33% due to reduced OEM production amid freight market weakness and EPA mandate uncertainty. Commercial replacement imports grew 64% prior to IEEPA tariff implementation.

Segment operating income was $206 million, down $45 million from last year, driven by lower volume partly offset by Goodyear Forward benefits.

**EMEA:**
Unit volume decreased 2%, due to replacement volume declines following EU import prebuy. Proposed EU tariffs range 41%-104%, potentially retroactive through October. Announced relaunch of Cooper brand to fulfill demand post-Dunlop sale and ensure comprehensive portfolio. Consumer OE volume grew 20% (seventh consecutive quarter of OE share gains). Segment operating income was $30 million, up $7 million driven by price/mix benefits.

**Asia Pacific:**
Unit volume decreased 9%, driven by consumer OE and replacement volume declines due to reduced low-margin business and distribution realignment. OE volume declined due to customer mix favoring low-priced vehicle promotions in China. Segment operating income was $51 million, over 10% of sales. We expect volume growth in Q4 from new fitments and replacement volume increases.

### Fourth Quarter Outlook (Slide 17-18)

– Expect meaningful sequential SOI increase, with all regions contributing.
– Year-over-year Q4 SOI growth expected mid-single digits, excluding divestitures impact.
– Consumer replacement volume expected to be affected by high channel inventories in U.S. and EU; consumer OE volume to mirror Q3 growth.
– Commercial truck volume outlook is modest amid ongoing challenges.
– Overall global volume expected down about 4%.
– Higher unabsorbed fixed costs of $70 million due to 2 million-unit lower production in Q3.
– Fourth quarter production could be up to 4 million units lower than last year, reflecting industry volatility.
– Price mix benefit estimated at $135 million due to prior pricing actions.
– Raw material costs expected slight benefit based on current spot rates.
– Goodyear Forward anticipated to contribute $180 million in benefits.
– Inflation, tariffs, and other costs expected to be a $190 million headwind, including ~$80 million tariffs, increased freight rates, and manufacturing inefficiencies from lower production.
– Annualized tariff costs estimated at $300 million, $50 million less than prior guidance due to Canada’s tariff elimination on U.S. imports.
– Expect business interruption insurance proceeds from Poland factory fire to largely offset nonrecurrence of $52 million insurance proceeds last year.
– Sales of OTR and chemical businesses expected to reduce earnings by about $30 million in Q4.

Other financial assumptions include updates to working capital and an increase in restructuring due to a new Q4 program.

We remain focused on driving strong free cash flow through Q4.

### Q&A Highlights

**Consumer OE Market Share Gains:**
– Continuous strategic focus on increasing OE exposure, especially premium larger rim sizes.
– Seven consecutive quarters of growth in Americas and EMEA consumer OE share.
– USMCA compliance providing OEM support in Americas.

**2026 Outlook – Price Mix & Raws:**
– Goodyear Forward expected to provide $250 million+ in cost benefits.
– Flow-through pricing actions estimated to add around $100 million.
– Raw materials expected to yield a $200 million benefit, even including the chemical transaction impact.
– Inflation headwind around $200-$225 million.
– Tariff carryover costs expected $150-$160 million.
– Insurance recovery from Poland fire impacts expected in Q4 2025.

**Commercial Vehicle Environment:**
– Commercial fleet business remains strong, especially premium fleets and subscription services.
– Industry volatility from emission mandate uncertainty causing extended truck life to delay replacement demand.

**Channel Inventory Digestion:**
– Consumer replacement channel inventory sell-through expected through end of Q4 2025.
– Commercial channel inventory digestion could extend into Q1 2026.

**EMEA OE Growth:**
– Broad-based consumer OE gains across Europe, supported by strengthened OEM partnerships and premium SKU introductions.

**Restructuring Update:**
– Completed 4-5 major restructuring actions globally; additional U.S. restructuring program planned for Q4.

**Insurance Collections:**
– Business interruption insurance recovery of ~$50 million anticipated in Q4 2025 related to the Debica fire.

**Tariff Seasonality & Mitigation:**
– Tariffs costs follow seasonality driven by volume, with higher costs expected in H2.
– Active engagement in lobbying and sourcing optimization underway to mitigate tariff impact.
– Manufacturing footprint realignment focused on competitive landed costs and regional supply preference.

**Cash Flow Outlook:**
– Q4 2025 forecasted to generate EBITDA around $1.8 billion.
– Free cash flow expected near breakeven in Q4 2025 excluding ~$200 million in asset sale fees.
– Asset sale proceeds expected to be about $1.9 billion in investing activities.

**Closing Remarks – Mark Stewart:**
Thank you all for joining today.

While short-term conditions remain turbulent with global trade volatility, we remain laser-focused on controlling the controllables. We continue to execute Goodyear Forward strongly, maintain cost discipline, and bring new premium SKUs to market.

We have completed our planned divestitures and restored the balance sheet to health. We are driving sequential earnings growth via cost actions and share gains.

OEM volume growth outpaces the market, especially in the 18-inch-plus segment globally, with strong new product launches and positive winter tire order trends in EMEA.

We are expanding retail operations and sharpening our portfolio to position the company to leverage growth as markets normalize.

Thank you again for joining.

**End of Transcript**
https://www.insidermonkey.com/blog/the-goodyear-tire-rubber-company-nasdaqgt-q3-2025-earnings-call-transcript-1640328/

Cathie Wood Dumps Tech Stocks for Gene-Editing Plays in CRISPR and Beam

**Cathie Wood’s ARK Invest Shifts Focus to Biotech with Major Portfolio Moves**

On November 4, 2025, Cathie Wood’s ARK Invest executed significant portfolio changes, shifting capital from technology stocks into cutting-edge biotech investments. The firm’s daily trading report highlighted large purchases in the gene-editing sector alongside reductions in established technology holdings.

**Major Biotech Investments**

ARK Invest made substantial moves in genomic medicine, purchasing 162,327 shares of CRISPR Therapeutics, worth $10.06 million. This investment was split between the ARK Innovation ETF (ARKK) and ARK Genomic Revolution ETF (ARKG). In addition, ARK acquired 291,001 shares of Beam Therapeutics for $7.06 million, with the purchase also divided between its ARKK and ARKG funds. Both companies specialize in gene-editing therapeutics for a range of diseases, underscoring ARK’s confidence in the long-term potential of genomics.

In total, ARK’s biotech purchases on the day exceeded $17 million—a clear sign of the firm’s preference for gene-editing companies over more traditional tech stocks.

**Increasing Digital Asset Exposure**

Aside from biotech investments, ARK Invest also boosted its cryptocurrency exposure. The firm bought 23,963 shares of Bullish, a crypto-related company, totaling $1.20 million. This addition was spread across multiple ARK ETFs, further diversifying the firm’s presence in digital assets.

**Technology Holdings Reduced**

While ARK ramped up its biotech and digital asset bets, it trimmed several technology holdings:

– **Teradyne:** ARK sold 27,423 shares valued at $5.02 million through its flagship ARKK fund, continuing a recent trend of reducing its position in this semiconductor testing company.
– **Roku:** The firm sold 15,362 shares worth $1.67 million, marking another reduction in its streaming platform exposure through ARKK.
– **SoFi Technologies:** ARK reduced its position by 20,485 shares valued at $627,455, a sale processed via its fintech-focused ARK Fintech Innovation ETF (ARKF).

In total, ARK’s technology and fintech stock sales amounted to approximately $7.3 million, compared to $17.12 million in biotech purchases, illustrating a decisive net inflow into the life sciences sector.

**Portfolio Rebalancing Details**

The CRISPR Therapeutics buy marked ARK’s largest single transaction of the day, reinforcing the firm’s strong conviction in the gene-editing pioneer. Beam Therapeutics received the second-largest allocation. The Teradyne and Roku sales reflect a continued pattern of de-risking from mature tech sectors, while the SoFi adjustment signals minor tweaks within ARK’s fintech portfolio.

All gene-editing purchases were executed exclusively through ARKK and ARKG, ARK’s funds specializing in disruptive innovation and genomics. By moving more than double its sales proceeds into biotech stocks, ARK Invest is signaling continued faith in the long-term growth of life sciences innovation.

**Summary**

Cathie Wood’s ARK Invest showcased a decisive shift on November 4, 2025, aggressively allocating capital toward gene-editing and blockchain-related companies while trimming exposure to traditional technology names. These moves highlight ARK’s ongoing belief in the transformative potential of biotech and digital assets for the future.
https://blockonomi.com/cathie-wood-dumps-tech-stocks-for-gene-editing-plays-in-crispr-and-beam/

‘I hate you!’ MAGA melts down at GOP mayoral candidate after Dem victory

Democratic nominee Zohran Mamdani secured a decisive victory Tuesday night in the New York City mayoral election. Surprisingly, much of the anger from MAGA supporters has not been directed at Mamdani, the progressive candidate, but rather at his Republican opponent.

Former Republican Congressman George Santos, who was recently released from prison after being pardoned by President Donald Trump, took to social media platform X to express his fury. In a post, Santos wrote, “F- you Curtis Sliwa! I HATE YOU, your dumb wife, that stupid Beret of yours and all your f cats!”

Mamdani faced off against former New York Governor Andrew Cuomo and Curtis Sliwa, the lone Republican candidate. According to unofficial election results, Mamdani received 50.4% of the vote, Cuomo secured 41.6%, and Sliwa garnered 7.1%.

Many MAGA supporters accuse Sliwa of acting as a spoiler by siphoning votes away from Cuomo, who polls suggested had the best chance to defeat Mamdani. However, analysis of the unofficial results indicates that even if every Sliwa voter had cast their ballot for Cuomo, Mamdani would still have emerged victorious.

Despite this, MAGA loyalists have not held back their contempt toward Sliwa following the election. Many have effectively shunned him from the Republican Party. X user “Johnny MAGA,” who has amassed more than 260,000 followers, declared, “Never want to hear from Curtis Sliwa again.”

Pro-Trump sports broadcaster Charly Arnolt, with an estimated net worth of $2 million, expressed hopes that Sliwa would be permanently disgraced in New York City. Arnolt wrote on X, “I truly hope Curtis Sliwa is shunned in NYC. He is a disgrace, a coward and a traitor and should no longer be welcome to walk the streets he claimed to support.”

The tension surrounding Sliwa’s role even spilled over into Cuomo’s election watch party Tuesday night. A video circulated showing an attendee shouting profanities directed at Sliwa: “Curtis Sliwa threw this election, shame on you, you’re a scumbag, you will never be loved in New York City ever again!”
https://www.rawstory.com/nyc-mayor-election-maga-meltdown/

How inflammation can cause high blood pressure

High blood pressure, also known as hypertension, occurs when the force of blood pushing against the walls of your blood vessels is too strong. Over time, this can damage your heart and lead to serious problems like heart disease or stroke. While many factors can cause high blood pressure, recent research suggests that long-term inflammation in the body may also play a significant role. Understanding this connection can help people take better care of their health.

**What is Inflammation?**

Inflammation is the body’s natural response to injury or infection. For example, when you get a cut or catch a cold, your body uses short-term inflammation to heal. However, sometimes inflammation persists for a long time without an obvious cause. This is called chronic inflammation. It can be triggered by long-term infections, exposure to harmful substances, or autoimmune diseases.

Chronic inflammation is harmful and has been linked to diseases such as cancer, diabetes, and heart problems.

**How Does Inflammation Affect Blood Pressure?**

When blood vessels become inflamed, they turn stiff and less flexible. This stiffness makes it harder for blood to flow smoothly, causing blood pressure to rise. Inflammation can also affect how your kidneys manage salt and water, which directly influences blood pressure.

Studies show that people with high blood pressure often have elevated levels of certain inflammatory markers in their blood. These include proteins like C-reactive protein (CRP), interleukin-6, and tumor necrosis factor-alpha. These substances not only indicate the presence of inflammation but may also damage blood vessels and kidneys, further worsening high blood pressure.

**Lifestyle Factors and Inflammation**

Risk factors for high blood pressure—such as being overweight, eating an unhealthy diet, and lack of exercise—can also increase inflammation. Fat cells, especially those around the belly, release chemicals that promote inflammation. This means that by adopting healthier lifestyle choices, you can reduce both inflammation and blood pressure.

**Diet and Inflammation**

What you eat plays a crucial role. Diets rich in fruits, vegetables, whole grains, and healthy proteins—like the Mediterranean diet—can reduce inflammation and help lower blood pressure. Conversely, consuming large amounts of sugary foods, salty snacks, and fatty meats may increase inflammation and elevate blood pressure.

**Managing High Blood Pressure**

To effectively control high blood pressure, regular monitoring is essential. Medication might be necessary for some, but making healthy lifestyle changes is equally important. Reducing inflammation through diet, exercise, and other positive habits can help lower blood pressure and improve your overall well-being.

Helpful steps include:

– Maintaining a healthy weight
– Exercising regularly
– Eating anti-inflammatory foods
– Avoiding smoking
– Limiting alcohol intake
– Managing stress

**Conclusion**

Inflammation may play a more significant role in high blood pressure than previously thought. Therefore, it is important to consider the whole picture when treating hypertension. By embracing a healthy lifestyle, individuals can combat inflammation, reduce blood pressure, and protect their heart health.

**Additional Reading**

If you are interested in learning more about blood pressure, consider reading about the importance of checking blood pressure while lying down. Also, studies show that lowering the top blood pressure number to less than 120 mm Hg effectively prevents heart disease.

For more insights, explore research on how turmeric and vitamin D may boost blood pressure control in people with type 2 diabetes. Additionally, scientists have found links between certain blood pressure medications and bowel diseases.

Taking proactive steps today can make a significant difference in managing blood pressure and maintaining good health.
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