Amit Elor, 20, has not misplaced a single senior worldwide wrestling match since her debut in 2022 — and her domination on the earth of girls’s wrestling confirmed in Paris at present.

Elor lower down her opponents one after the other, beginning with prime seed Buse Tosun Çavuşoğlu of Turkey, whom she beat 10-2 on the mat. She then bested Poland’s Wiktoria Chołuj 8-0 within the quarterfinal, earlier than dispatching North Korean Pak Sol Gum in lower than two minutes, profitable 10-0 by technical superiority.

The Californian powerhouse is the youngest American lady to ever wrestle on the Olympics.

Born to Israeli immigrants, Elor started wrestling when she was 4 years outdated after watching considered one of her older brother’s practices. She dropped down from the 72kg weight class to 68kg as a way to compete on the Video games, which doesn’t provide the previous as a division.

Elor is now assured not less than a silver medal, however she’ll battle for gold within the finals on Tuesday. The wrestler will face Kyrgystan’s Meerim Zhumanazarova, the 2020 Olympic bronze medalist within the girls’s 68kg occasion.

American director David Lynch has revealed he can not depart his home since being recognized with emphysema.  

The celebrated creator of locations “each great and unusual” behind movies like Eraserhead, Blue Velvet and Mulholland Drive, in addition to the creator of Twin Peaks, shared the revelation in a brand new interview with Sight & Sound journal. 

Lynch, 78, mentioned he was recognized with emphysema as a consequence of being a lifelong smoker and mentioned that, if he directs once more, it should be remotely as he can’t “exit” as a consequence of fears he’ll get COVID. 

“I’ve gotten emphysema from smoking for thus lengthy and so I’m homebound whether or not I prefer it or not. It could be very unhealthy for me to get sick, even with a chilly,” he mentioned, revealing that he “can solely stroll a brief distance earlier than” he’s “out of oxygen”.  

Relating to the way forward for directing, he mentioned: “I’d do it remotely if it involves it”, however added “I wouldn’t like that a lot.” 

Whereas this information felt like an arrow straight to the guts of movie followers who love the uniquely surrealist moods the director creates, Lynch did make clear his feedback on X.  

His follow-up assertion learn: 

“Sure, I’ve emphysema from my a few years of smoking. I’ve to say that I loved smoking very a lot, and I do love tobacco – the odor of it, lighting cigarettes on fireplace, smoking them – however there’s a worth to pay for this enjoyment, and the value for me is emphysma. I’ve now give up smoking for over two years. Not too long ago I had many checks and the excellent news is that I’m in wonderful form aside from emphysema. I’m full of happiness, and I’ll by no means retire. I would like you all to know that I actually recognize your concern. Love, David.” 

Emphysema, also called persistent obstructive pulmonary illness (COPD), is principally attributable to smoking and publicity to mud and chemical substances at work.

The World Well being Organisation has predicted it’s going to turn out to be the third main explanation for loss of life worldwide by 2030.  

Not that being homebound has restricted Lynch’s creativity.  

Through the pandemic, he launched the “What’s David Engaged on Right now?” video collection and every day climate reviews on YoutTube (see above). 

He additionally just lately launched an album titled ‘Cellophane Recollections’ with Chrystabell. The 2 have recorded albums collectively up to now and labored collectively on the third season of Twin Peaks, wherein Chrystabell performed the function of Agent Tammy Preston. 

Lynch’s final display screen mission was the 18-episode TV collection Twin Peaks: The Return in 2017, which was named by French publication Cahiers du Cinéma because the Finest Movie of the Decade, regardless of being a tv present.

The director’s final characteristic movie was Inland Empire, launched in 2006. 

His unreleased initiatives embrace a characteristic movie Antelope Don’t Run No Extra and a rumoured 13-part Netflix collection titled Wisteria / Unrecorded Night time.

One other mission which has been talked about is an animation movie referred to as Snootworld, which he has been engaged on for greater than twenty years with Caroline Thompson (The Nightmare Earlier than Christmas). The mission was reportedly offered to Netflix however the streamer rejected it.  

Grumble grumble grumble.  

Mr. Lynch, we want you properly – and thanks for maintaining a tally of the long run for us.

Extra sources • Sight & Sound

Getting Underway

Warren Buffett’s holding firm Berkshire Hathaway (BRK.A / BRK.B) bought half its Apple inventory in the course of the 12 months’s second quarter.

The sale dramatically altered Berkshire Hathaway, the place Apple beforehand accounted for 43% of the corporate’s $400 billion U.S. fairness portfolio. The transfer was additionally a shock given Buffett’s long-term-buy-and-hold strategy as an investor and his frequent reward of Apple as an organization.

Omaha-based Berkshire Hathaway disclosed in its Q2 earnings report that its holding of Apple inventory was valued at $84.2 billion U.S. on June 30 of this 12 months, suggesting that Buffett bought slightly greater than 49% of his stake within the tech big.

The Apple sale comes as Buffett offloads different main positions in Berkshire’s portfolio, notably Financial institution of America (BAC) inventory, which he has steadily bought in current weeks.

In all, Buffett bought slightly greater than $75 billion U.S. of shares throughout this 12 months’s second quarter, pushing Berkshire Hathaway’s money pile to a file $277 billion U.S.

Buffett, age 93, had trimmed his stake in Apple by 13% on this 12 months’s first quarter amid indicators that the corporate’s iPhone gross sales have been slowing. Nevertheless, Buffett stated at Berkshire’s annual assembly in Could of this 12 months that the Apple sale was completed for tax functions.

Nevertheless, analysts say the magnitude of Buffett’s inventory sale in Q2 means that he has both soured on Apple’s inventory or the inventory market usually.

Buffett’s sale of Apple inventory throughout Q2 got here because the share worth took off in mid-June after Apple unveiled its synthetic intelligence (AI) technique.

Apple’s inventory rallied 23% off a mid-April low and was buying and selling at a file excessive by mid-July of this 12 months.

Buffett first purchased Apple shares in 2016 after spending most of his profession avoiding know-how shares. In recent times, he grew Berkshire’s stake in Apple to almost $200 billion U.S.

As is usually the case, Buffett’s inventory strikes look prescient with U.S. fairness markets promoting off sharply to start August, and the tech-laden Nasdaq Composite index falling right into a correction outlined as a ten% decline from current highs.

For the 12 months’s second quarter, Berkshire Hathaway’s working earnings, which embody income from the conglomerate’s totally owned companies, rose as a consequence of energy in auto insurer Geico. Working earnings totaled $11.6 billion U.S., up 15% from $10 billion U.S. a 12 months in the past.

Revenue from BNSF Railway got here in at $1.6 billion U.S., consistent with final 12 months’s quantity. Berkshire Hathaway’s power enterprise noticed earnings fall practically 50% to $326 million U.S.

Berkshire purchased again $345 million U.S. value of its personal inventory in Q2, decrease than the $2 billion U.S. repurchased in every of the 2 earlier quarters. Berkshire Hathaway’s Class B inventory has risen 18% year-to-date and presently trades at $428.36 U.S. per share.

What’s the worth of gold right now?

The value of gold traded at $2,375.76 per troy ounce, as of 9 a.m. ET. That’s down 3.93% from yesterday’s gold worth per ounce and up 14.98% for the reason that starting of the 12 months.

The bottom buying and selling worth inside the final 24 hours: $2,364.43 per ounce. The very best gold spot worth within the final 24 hours: $2,474.38 per ounce.

Gold spot costs

The spot gold worth is XAU/USD, representing its worth in U.S. {dollars}. For this image, it’s gold (XAU) buying and selling in opposition to the greenback (USD). Different markets, although, commerce in numerous currencies. The perfect-known labels embrace XAU/EUR for buying and selling euros and XAU/GBP for British kilos.

Spot gold costs are listed as the value for a troy ounce. Troy ounces are used for buying and selling valuable metals and are barely heavier than a normal ounce. Nonetheless, costs may also be quoted in grams or kilos, so take note of the models.

Gold worth chart

The chart beneath reveals how the spot worth of gold is trending over the 12 months. The information is as of 9 a.m. ET and doesn’t show intraday highs or lows.

Yr thus far, gold is up 14.98% as of 9 a.m. ET. The 52-week intraday excessive reached $2,483.74 on July 17, 2024, and the 52-week intraday low dropped to $1,810.10 on Oct. 6, 2023.

Easy methods to spend money on gold

Shopping for bodily gold includes overheads like storage prices and insurance coverage.

When buying and selling bodily gold, the distinction between the shopping for and promoting worth, often known as the unfold, can eat into returns. Sellers usually incorporate their markups and transaction charges inside these spreads, which implies the precise worth an investor pays may be larger than the present market charge, whereas the promoting worth they obtain may be decrease.

Whereas gold certificates, gold exchange-traded funds and trusts supply extra liquidity and are simpler to handle than bodily gold, they arrive with their very own dangers. These funding autos would possibly solely generally match the efficiency of the spot worth of gold on account of administration charges and potential discrepancies in monitoring.

In essence, whereas the spot worth offers a normal benchmark for the worth of gold, the precise returns and prices an investor encounters differ primarily based on the medium of buy and the specifics of the funding.

Valuable metals spot costs

Valuable metals are sometimes used as funding autos but additionally have industrial makes use of. Like gold, the value of commodities like palladium, silver and platinum varies primarily based on market forces. On account of their industrial functions, additionally they produce other sources of demand.

Silver spot costs

Silver possesses each financial and industrial worth. Whereas it is used as a hedge in opposition to financial volatility, it is also essential within the electronics, automotive and medical industries. Its dual-use nature can result in totally different market dynamics in comparison with gold.

The value of silver opened at $26.70 per ounce, as of 9 a.m. ET. That’s down 8.13% from the day gone by’s silver worth per ounce and up 11.59% for the reason that starting of the 12 months.

The bottom buying and selling worth inside the final day: $26.51 per ounce. The very best silver spot worth within the final 24 hours: $29.10 per ounce.

Platinum spot costs

Platinum is one other valuable steel that instructions consideration. Rarer than gold and silver, its major use is in automotive catalytic converters, which assist scale back dangerous emissions. Given the push for cleaner automotive applied sciences, the demand dynamics for platinum can range, influencing its spot worth.

The value of platinum opened at $917.55 per ounce, as of 9 a.m. ET. That’s down 5.80% from yesterday’s platinum worth per ounce and down 7.11% 12 months thus far.

The bottom buying and selling worth inside the final 24 hours: $908.55 per ounce. The very best platinum spot worth within the final 24 hours: $974.00 per ounce.

Palladium spot costs

Palladium can be important in catalytic converters. Stricter emissions requirements have additionally boosted the demand for valuable metals. That rising demand and the steel’s shortage have led to important worth volatility.

The value of palladium is $856.25 per ounce, as of 9 a.m. ET. That’s down 5.64% from yesterday’s palladium worth per ounce and down 22.13% 12 months thus far.

The bottom buying and selling worth inside the final 24 hours: $833.25 per ounce. The very best palladium spot worth within the final 24 hours: $907.40 per ounce.

Often requested questions (FAQs)

What’s the very best worth gold has ever been?

The very best worth gold ever reached was $2,483.74 on July 17, 2024.

Is it a great time to purchase gold?

Gold will be extremely unstable and topic to robust short-term worth fluctuations.

Whether or not it’s a great time to purchase gold relies on varied elements, together with your funding targets, danger tolerance and time horizon, the broader financial outlook, and forecasts concerning the gold market.

Traditionally, many individuals view gold as a hedge in opposition to inflation and forex fluctuations. Others see it as a retailer of worth throughout financial downturns. On the similar time, some might discover diversifying a portfolio of shares and bonds helpful, given its low correlation to each belongings.

“In the event you have a look at gold’s efficiency traditionally, it’s the sort of asset that ought to carry out nicely by uncertainty, because it has performed in 5 out of the final seven recessions,” stated Joseph Cavatoni, chief market strategist for North America on the World Gold Council. “For individuals searching for a retailer of worth and a portfolio diversifier, gold has a powerful monitor file of delivering these qualities.”

Hong Kong/London
CNN
 — 

Japanese shares soared Tuesday, clawing again a few of their report losses from the day before today and underpinning a patchy restoration on international markets.

The benchmark Nikkei 225 index completed 10% greater and the broader Topix closed round 9% up. Elsewhere in Asia, South Korea’s Kospi rebounded by 3.3%, whereas Taiwan shares gained 3.4%. Nevertheless, Hong Kong’s Grasp Seng Index, which closed later, was down 0.3%.

Markets world wide plunged throughout Monday’s session when a mixture of fears a couple of slowing US financial system, rising Japanese rates of interest and crumbling tech shares mixed to set off a meltdown.

Though shares in Europe additionally recouped a few of their losses in early Tuesday commerce, they ticked down by late morning. The Stoxx 600 index, the area’s benchmark, was buying and selling 0.3% down on the day by 5.53 a.m. ET, having misplaced 2.2% the day earlier than. London’s FTSE 100 edged 0.3% decrease by the identical time.

US shares had been set to open greater, with futures contracts climbing in pre-market commerce. S&P 500 futures had been up 0.4% and Nasdaq futures up 0.3%.

The bounce in Japan is “typical after a market crash,” Neil Newman, head of technique at Astris Advisory in Tokyo, advised CNN. “Importantly: Fundamentals are sound, the financial system is doing high-quality, there isn’t a proof of abandoning Japanese equities.”

However short-term volatility within the inventory market stays because the market believes the US greenback has not but stabilized towards the Japanese yen, analysts from UBS Chief Funding Workplace wrote in a analysis report Tuesday.

“It’s too early to conclude that the Japanese inventory market has hit a backside,” they mentioned, including that any restoration would possible solely happen after Japanese corporations report first-half earnings in October, and even after the US presidential election in November.

On Monday, the Nikkei closed 12.4% decrease in its largest proportion one-day drop since October 1987. It misplaced 4,451, its greatest ever decline by variety of factors. The plunge triggered a worldwide market rout. All main Asian, European and US markets fell considerably.

Wall Road additionally took a beating with all three main indexes falling between 2.6% and three.4% on fears the US financial system was slowing sooner than anticipated.

Rising worries a couple of recession within the US financial system and the speedy unwinding of common carry trades involving the yen had despatched international markets right into a tailspin beginning Friday.

“A lot of the [market] downturn displays considerations that the US could also be heading for a recession,” mentioned analysts from Moody’s Analytics in a observe Tuesday.

AI-related tech shares additionally suffered, impacting fairness valuations throughout Taiwan and South Korea, the place chipmakers produce many of the world’s provide of high-end semiconductors utilized in AI functions, they mentioned.

Japan’s inventory market, particularly, was hard-hit by the speedy appreciation of the yen, which undermines the export competitiveness of the nation’s producers.

On Monday, the yen hit a seven-month excessive towards the US greenback at round 143. It pulled again Tuesday, down about 1.2% to 146.

The surge within the yen, which began when the Financial institution of Japan (BOJ) signaled a hawkish tilt in financial coverage in latest weeks, compelled many market members to shortly unwind their yen carry trades, a preferred funding technique.

Many years of extraordinarily low rates of interest in Japan have seen many traders borrow money cheaply there earlier than changing it to different currencies to spend money on higher-yielding property. The undoing of this technique is the foremost set off for the market upheaval, mentioned Stephen Innes, managing associate of SPI Asset Administration.

Tokyo “represents the epicenter of carry commerce unwinds, the place the ripple results had been most acutely felt, exacerbating the turbulence and uncertainty for merchants and traders alike,” he mentioned.

On Wednesday, the BOJ raised rates of interest for the second time this yr and introduced plans to taper its bond shopping for. Merchants count on extra price hikes to come back later this yr because the central financial institution tries to include inflation.

“I feel (the panic over the central financial institution determination) has been digested, however there are lingering considerations,” Newman mentioned. “The large query now’s will the BOJ comply with via with one other price rise given all of the criticism within the press. I imagine they are going to and should not swayed by public or press opinion.”

Greater than half of what Japan produces is offered abroad, Newman added, in a technique of offshoring that began within the Eighties with car manufacturing within the US.

What’s vital for small- and medium-size corporations that make use of the majority of Japan’s workforce is the excessive value of uncooked supplies and vitality, which have been exacerbated by the weak yen, he mentioned. That’s why the BOJ could also be beneath stress to bolster the Japanese foreign money.

Talking Tuesday, Japanese Prime Minister Fumio Kishida mentioned it was vital to make calm judgements in regards to the market state of affairs, in response to Reuters. He reportedly shared an optimistic outlook for the financial system, citing elements just like the first rise in inflation-adjusted actual wages in additional than two years, which occurred in June.

TOKYO (AP) — Japan’s benchmark Nikkei 225 share index soared as a lot as 10.7% early Tuesday, a day after it plunged essentially the most in 37 years.

The index gave up a few of these positive factors because it wavered all through the day however closed 10.2% larger at 34,675.46. Different Asian markets additionally have been larger after sharp losses on Wall Road that have been dramatic however not on the identical scale as Monday’s 12.4% nosedive in Tokyo.

Many shares rose by double-digit percentages much like their losses a day earlier than, with automaker Toyota Motor Corp. rocketed 12.8%.

Laptop chip maker Tokyo Electron jumped 16.6%, Honda Motor Co. superior 14.7% and Mitsubishi UFJ Monetary Group was up 5.8%.

The losses of the previous a number of classes adopted a transfer by the Financial institution of Japan final week to lift its important rate of interest from almost zero. Such a transfer helps increase the worth of the Japanese yen, but it surely additionally led merchants to scramble out of offers the place they’d borrowed cash for just about no price in Japan and invested it elsewhere around the globe.

Officers from Japan’s Finance Ministry, Monetary Service Company and the Financial institution of Japan met Tuesday to deal with the latest market gyrations.

Atsushi Mimura, a high ministry bureaucrat, declined to remark straight on the specifics of the market, as is authorities coverage. However he famous that market consultants have been saying latest volatility displays numerous international developments, and markets are going up and down elsewhere as effectively.

He cited geopolitical dangers like rising tensions within the Center East and up to date financial knowledge. He additionally pointed to will increase in wages and funding in Japan.

“We preserve the view that the Japanese economic system is step by step recovering, going ahead,” he instructed reporters.

The federal government officers and the central financial institution reconfirmed their settlement to observe inside and exterior fiscal scenario, and work collectively “as one,” mentioned Mimura, vice finance minister for worldwide affairs.

When requested, Mimura declined to touch upon whether or not the latest BOJ charge hike had triggered the market’s actions. He mentioned the federal government was intently watching the overseas trade charges and aiming for stability as all the time.

Varied components mixed to trigger Monday’s carnage, in line with Stephen Innes of SPI Asset Administration, likening Tuesday’s bounce to a “lifeboat.”

“As all the time with the market, take this to coronary heart: Yesterday’s distress typically turns into in the present day’s punchline. The swift twists and turns of buying and selling can remodel what appeared like a dire scenario right into a fleeting reminiscence, one which’s typically laughed about in buying and selling rooms the subsequent day,” he mentioned.

The Nikkei is now up 7.7% from a yr in the past, however greater than 9% under its degree three months in the past. Its largest ever proportion acquire was 14.2% in October 2008.

The Related Press

Reigning world champion Caroline Marks surfed to a gold medal Monday in waters off the coast of Teahupo’o, Tahiti, triumphing over Brazilian Tatiana Weston-Webb following days of climate delays.

The 2024 Olympics are the 22-year-old Marks’ second, having beforehand competed in Tokyo, the place she completed off the rostrum. That is her first medal.

Weston-Webb will go house with a silver medal, and France’s Johanne Defay the bronze.

Marks, who hails from Melbourne Seashore, Florida and now lives in San Clemente, California, shared her pleasure earlier than the ultimate spherical, already figuring out she’d be going house with a medal — the one query remaining what coloration.

She follows within the footsteps of teammate Carissa Moore, who received the occasion in Tokyo in 2021, the primary time the game was an Olympic occasion.

“I’m so pleased. It feels so good … I used to be actually emotional about not medalling in Tokyo, so I’m going to cease speaking now as a result of I’ll get emotional now that I do know I’m going to get one,” Marks mentioned to Olympics. com after advancing to the gold medal closing. “I sliced my foot just a few occasions on the reef, so I’m glad it labored out. I’m simply so pleased. Greatest feeling ever — such a giant warmth. I’ve had some huge moments in my profession and that win felt fairly huge. Stoked I received the rating.”

Marks received with a rating of 10.50. Weston-Webb positioned second with a ten.33 and Defay third with a 12.66.

The place was Olympic browsing held?

The browsing competitions had been held 1000’s of miles away from Paris in Teahupo’o, Tahiti. Tahiti is a part of French Polynesia, which is a semi-autonomous territory of France.

Tahiti welcomed the 2024 Olympic browsing occasion with sunshine, songs and Polynesian tradition honoring the game’s historical roots, almost 9,800 miles away from the Video games’ opening ceremony in Paris.

How does scoring work in Olympic browsing?

Browsing incorporates a panel of 5 judges who rating an athlete’s wave journey on a scale from 1-10 in 0.01 increments. For every wave journey, the best and lowest scores are thrown out. The common of the three remaining scores provides an athlete their whole for that single journey.

A surfer’s two greatest rides are then added collectively to achieve a closing rating.

Browsing is among the handful of judged sports activities on the Olympics, so how precisely do surfers earn factors throughout competitors?