Is a recession coming? In this video, Julius breaks down the latest updates to his powerful Sector Rotation Model, analyzing four key macroeconomic indicators and their impact on sector performance.
This video was originally published on May 9, 2025. Click on the icon above to view on our dedicated page for Julius.
Past videos from Julius can be found here.
#StayAlert, -Julius
Want to know where the stock market is headed next? In this week’s market update, Mary Ellen McGonagle analyzes key resistance levels and reveals what’s fueling the current uptrend. She highlights top bullish setups among U.S. leadership stocks, plus global names showing strength.
This video originally premiered May 9, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.
New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.
If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.
When your investment portfolio isn’t gaining ground, it’s natural to feel uneasy, especially in a market that lacks direction. A headline-driven environment only adds to the uneasiness, making it more difficult to decide whether to buy, hold, or sell.
This is a challenging situation for investors. The S&P 500 ($SPX) is still hovering close to its “Liberation Day” level, struggling to break above it. Of the three major indexes, the Nasdaq Composite ($COMPQ) was able to break above the April 2 levels, but is having a hard time reaching its March 25 high, which, as of this writing, aligns with its 200-day simple moving average (SMA).
Much of the market’s indecision centers on uncertainty surrounding tariffs. Trade deals are front and center in the news, with the most important one being with China. Those talks kick off this weekend. While President Trump’s suggestion of lowering the tariffs against China from 145% to 80% was a step, stocks didn’t react much. It’s still a very high rate and probably not what investors wanted to hear, and thus the market ultimately closed lower on Friday.
The S&P 500’s recent trading behavior reflects the uncertainty. In the last seven trading days, movement has been muted, a drastic change from the wide-ranging days of early April (see chart below). Of late, any optimistic news gets investors a little upbeat, but the enthusiasm fades quickly.
FIGURE 1. DAILY CHART OF S&P 500. The last seven days are narrow range days, unlike the wide-ranging days from early April.Chart source: StockCharts.com. For educational purposes
Sector performance isn’t showing clear dominance either. On strong days, Consumer Discretionary, Technology, and Communication Services take the lead. On weaker days, defensive areas like Utilities, Energy, and Consumer Staples step in. This flip-flopping suggests investors lack conviction.
The S&P 400 Mid Cap Index ($MID) and S&P 600 Small Cap Index ($SML) posted five straight weeks of gains. This was picked up from the Market Summary page (Equities panel, weekly streak column). This warrants a closer look at these two asset groups.
Mid-cap stocks are showing slight signs of recovery. In the weekly chart of the S&P 400 Mid Cap Index, the index is approaching a near-term resistance level (blue dashed line), the percentage of stocks trading above their 200-day moving average is trending higher, and there’s no consistent move in the Advance-Decline Percent or Advance-Decline Volume Percent.
FIGURE 2. WEEKLY CHART OF S&P 400 MID-CAP INDEX. There are signs of the start of an upside move, but far from confirmed. Chart source: StockCharts.com. For educational purposes.
The weekly chart of the S&P 600 Small Cap Index mirrors the behavior in $MID—$SML is trading above its 10-week simple moving average, the percentage of stocks trading above its 200-day moving average is rising, and there’s a slight increase in the Volume Advance-Decline Percent.
FIGURE 3. WEEKLY CHART OF S&P 600 SMALL CAP INDEX. Similar to the chart in Figure 2, small-cap stocks are also showing slight signs of a potential rally, although it’s a long way away from confirming an uptrend. Chart source: StockCharts.com. For educational purposes.
Mid- and small-cap stocks didn’t participate much in the large-cap Mag 7 bull rally. Maybe things are beginning to look better for these stocks, especially if large-cap growth stocks get bogged down by tariffs.
Looking at the three-month performance across the S&P Sector ETFs, Utilities and Consumer Staples are the best performers, followed by Real Estate and Industrials.
FIGURE 4. THREE-MONTH PERFCHART OF S&P SECTOR ETFS. Consumer Staples and Utilities are the top performers over the last three months, followed by Real Estate and Industrials.Chart source: StockCharts.com. For educational purposes.
If your portfolio leans heavily toward mid- and small-cap stocks, it may be worth monitoring the performance of these groups. These stocks can rally quickly, but can also fade just as quickly. If you’ve been holding on to those stocks for over a decade, a big upside move could offer an opportunity to take profits or re-evaluate your portfolio.
Next week promises a slew of market-moving news: earnings reports, trade deals, and key inflation data. It may be best to stay on the sidelines until the market digests the news. However, if you see a chance to take profits or reduce risk, don’t let them slip away.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
Legendary investor Warren Buffett is stepping down as CEO of Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B) after six decades at the helm — but he’s still not yet ready to retire.
In a media release on Monday (May 5), Berkshire said that its board of directors unanimously has voted to appoint Greg Abel, vice chairman, non-insurance operations, as president and CEO come January 2026.
Buffett will remain the chairman of the board of directors.
Buffett has held the position of CEO at Berkshire since 1970, with Abel confirmed as his successor in 2021.
Buffett took control of Berkshire in 1965, back when the company was a struggling textile manufacturer.
In a 2010 letter to shareholders, he recounted his experience in those early days:
‘Berkshire was then only intextiles, where it had in the previous decade lost significant money. The dumbest thing I could have done was topursue ‘opportunities’ to improve and expand the existing textile operation – so for years that’s exactly what Idid. And then, in a final burst of brilliance, I went out and bought another textile company. Aaaaaaargh!Eventually I came to my senses, heading first into insurance and then into other industries.’
Many people have tried to explain Buffett’s success in recent years. One recent Financial Times article titled “How Buffet Did It” notes that his strategy is “more than great stock picks and insurance premiums.”
An older paper called ‘Buffett’s Alpha’ suggests that his exposure to low-risk, cheap and high-quality stocks is key.
“(He) has boosted his returns by using leverage, and that he has stuck to a good strategy for a very long time period, surviving rough periods where others might have been forced into a fire sale or a career shift,” states the paper, which was written by Andrea Frazzini, David Kabiller and Lasse Heje Pedersen.
‘We estimate that Buffett applies a leverage of about 1.7-to-1, boosting both his risk and excess return in that proportion. Thus, his many accomplishments include having the conviction, wherewithal, and skill to operate with leverage and significant risk over a number of decades,’ the authors also note.
Abel has been with Berkshire since 2000, when Berkshire bought MidAmerican, an energy company he had been running. He joined the board as vice chairman, non-insurance operations, in 2018.
MidAmerican was renamed Berkshire Hathaway Energy (BHE), with Abel serving as its chief executive officer from 2008 to 2018. He remains the company’s chair as of writing. At both MidAmerican and Berkshire, Abel was mentored by David Sokol, who seemed a likely successor to Warren Buffett until he resigned from Berkshire in 2011.
Abel was named vice chairman in 2018 along with Ajit Jain. In a 2014 letter to shareholders, Buffett’s longtime right-hand man, Charlie Munger, who passed away in 2023, wrote about the two as potential successors.
‘Ajit Jain and Greg Abel are proven performers who would probably be under-described as ‘world-class.’ ‘World-leading’ would be the description I would choose,’ said Munger.
‘In some important ways, each is a better business executive than Buffett.’
Buffett has also spoken highly of Abel, saying in 2023, ‘Greg understands capital allocation as well as I do. That’s lucky for us. He will make those decisions, I think, very much in the same framework as I would make them. We have laid out that framework now for 30 years.’
Buffett’s words indicate that he sees Berkshire and Abel following the framework he has laid out.
Of course, there may be some evolution. Morningstar analyst Gregg Warren notes that the ‘groundwork for a successful transition’ at Berkshire has been in place for decades.
He also notes that Buffett and Munger were skilled at acquiring businesses that were a good cultural fit.
“We expect this to continue, believing that Berkshire’s culture of management autonomy and entrepreneurship has become institutionalized,’ Warren explains in a recent article.
‘ However, the new managers will probably work with a slightly different opportunity set, and we believe they will evolve Berkshire from what has historically been a reinvestment machine into one that is more focused on returning capital to shareholders, which is what we would expect of a company of this size with limited investment opportunities.”
Warren also comments that Berkshire currently doesn’t pay a dividend. This principle is because of Buffett’s belief that retained earnings should yield greater value than cash payouts.
Warren said this may change after Abel takes over, underlining that issuing a dividend could help Berkshire retain shareholders who may consider selling once Buffett is no longer at the helm.
Berkshire’s recent activities include diversification of its portfolio via strategic acquisitions and investments.
In January 2025, Forest River Bus & Van, a Berkshire subsidiary, announced its acquisition of L.A. West Coaches to enhance its product portfolio in the luxury transportation market.
“This partnership represents a shared commitment to excellence and innovation,” said Douglas Wright, group general nanager of Forest River Bus & Van. “L.A. West Coaches’ proven expertise and dedication to quality align with our values, and we look forward to collaborating to expand our product range.”
BHE is also currently exploring the production of lithium carbonate and other minerals from its geothermal power plants in California’s Imperial Valley, aligning with the company’s interest in renewable energy and sustainability.
BHE Renewables publicized a joint venture with Occidental Petroleum (NYSE:OXY) in June 2024, saying that this will be useful for the demonstration and deployment of TerraLithium’s direct lithium extraction.
Occidental is the owner of TerraLithium, a company that provides a technology platform for extracting lithium from geothermal and other brines to produce ultra-pure battery-grade lithium hydroxide and lithium carbonate.
Once the demonstration is successful, BHE Renewables plans to build, own and operate commercial lithium production facilities in California’s Imperial Valley. The joint venture also plans to license the technology and develop commercial lithium production facilities outside the Imperial Valley.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
Exchange-traded funds (ETFs) are one of the fastest-growing investment vehicles, and as uranium’s role in the energy transition grows, investors are becoming increasingly interested in uranium ETFs and related products.
After years of dormancy, the uranium spot price zoomed past the US$100 per pound level in early 2024 on supply risks and a strong outlook for long-term demand. Although it’s since pulled back, bulls believe it still has room to run.
Supporting factors include the lack of new uranium mines, Russia’s dominance in conversion and enrichment, rising demand for low-carbon energy sources and the continued development and deployment of small modular reactors.
There is also increasing demand for uranium from China and India as both of these countries grapple with air pollution in the face of growing electricity demand. China is working to expand its nuclear power capacity, and although it ranks among the top 10 uranium-producing countries, it relies heavily on uranium imports.
Compounded, these factors are creating a mounting supply deficit.
“This year, uranium mines will only supply 75 percent of demand, so 25 percent of demand is uncovered,” Amir Adnani, CEO and president of Uranium Energy (NYSEAMERICAN:UEC), said at a January 2025 event.
Although the fundamentals are promising, the U3O8 spot price has faced pressure in 2025, with prices below US$80 since the start of the year. As supply tightens, incentivizing new projects to come online is becoming imperative.
“Next year, uranium demand is going up because there are 65 reactors under construction, and we haven’t even started talking about small and advanced modular reactors,” Adnani said. “Small and advanced modular reactors are an additional source of demand that, maybe not next year, but within the next three to four years, can become a reality.”
As mentioned, that backdrop is helping uranium ETFs and related investment products gain steam. Today there are five uranium ETFs available, as well as four investment vehicles backed by physical uranium — and perhaps more to come.
Read on to learn about the uranium ETFs and related vehicles on offer. All data was current as of May 5, 2025.
Total asset value: US$2.7 billion
The Global X Uranium ETF tracks a basket of uranium miners, as well as nuclear component producers.
The fund has an expense ratio of 0.69 percent and a yearly return of negative 17.23 percent, a decline that coincides with the recent pullback in the uranium price.
Uranium companies account for a significant portion of its portfolio, and nearly half of those companies are Canadian. The ETF’s top two uranium company holdings are major uranium producer Cameco (TSX:CCO,NYSE:CCJ) at a weight of 22.31 percent and NexGen Energy (TSX:NXE) at 5.64 percent. Interestingly, one of its top three holdings is the Sprott Physical Uranium Trust (TSX:U.U) at a weight of 8.52 percent.
Total asset value: US$1.32 billion
The Sprott Uranium Miners ETF includes both uranium producers and explorers for broader exposure. The fund has an expense ratio of 0.75 percent and a yearly return of negative 34.69 percent.
Uranium stocks with market caps under US$2 billion account for 48.7 percent of the ETF’s holdings. Its top three holdings are Cameco at 15.28 percent, the Sprott Physical Uranium Trust at 13.21 percent and Kazatomprom (LSE:59OT,OTC Pink:NATKY) at 12.99 percent.
Total asset value: US$1.02 billion
The VanEck Vectors Uranium + Nuclear Energy ETF launched in 2007 and tracks a market-cap-weighted index of stocks in the uranium and nuclear energy industries. Its expense ratio is 0.61 percent and its yearly return is negative 0.12 percent.
This uranium ETF’s top three holdings are Constellation Energy Group (NASDAQ:CEG) at a weight of 8.49 percent, Public Service Enterprise Group (NYSE:PEG) at 7.38 percent and Endesa (OTC Pink:ELEZF,SSE:ELE) at 6.95 percent.
Total asset value: US$232.29 million
The Sprott Junior Uranium Miners ETF launched in February 2023, making it one of the newest additions to the uranium ETF universe. The ETF has an expense ratio of 0.8 percent and a yearly return of negative 15.51 percent.
It tracks the NASDAQ Sprott Junior Uranium Miners Index (INDEXNASDAQ:NSURNJ), which follows small-cap uranium companies. The fund’s 33 holdings are all uranium mining, development or exploration companies. Its top three holdings are Paladin Energy (ASX:PDN,OTCQX:PALAF) at 12.46 percent, Uranium Energy (NYSEAMERICAN:UEC) at 10.32 percent and NexGen Energy at 10.25 percent.
Total asset value: US$55.08 million
The Horizons Global Uranium Index ETF was Canada’s first pure-play uranium ETF and provides exposure to uranium industry growth. It has an expense ratio of 1.06 percent and a yearly return of negative 25.2 percent.
Created in 2019, the fund’s top holdings are Cameco with a weight of 20.68 percent, Kazatomprom at a weight of 17.12 percent and the Sprott Physical Uranium Trust at 15.25 percent.
Total asset value: US$4.09 billion
Of all the uranium-focused funds, this one has created the most buzz. Launched in July 2021, the Sprott Physical Uranium Trust quickly made its mark on the sector, stoking investor interest and prices for the commodity.
The fund holds 66.22 million pounds of U3O8, has an expense ratio of 0.64 percent and has a yearly return of negative 34.57 percent.
Total asset value: US$983.66 million
Founded in 2018, Yellow Cake is a uranium company that provides investment exposure to the uranium spot price through its physical holdings of uranium and uranium-related commercial activities.
Yellow Cake’s current holdings total 21.68 million pounds of U3O8. Its access to material volumes of uranium at prevailing market prices comes via its long-term partnership with Kazatomprom. Through this partnership, it has the option to purchase up to US$100 million of uranium annually through 2027.
Total asset value: US$1.65 billion
Launched in April 2023, Zuri-Invest’s product is directly linked to physical uranium, and is the first actively managed certificate (AMC) in the sector. According to Zuri-Invest, “an AMC is a security that can be managed on a discretionary basis enabling the active management of a chosen investment strategy.”
Qualified non-US institutional and professional investors can take part in this physical uranium AMC (Swiss ISIN code CH1214916533) through their bank. The custodian of the product is Cameco, which holds the physical uranium in a secure storage facility in Canada.
Total asset value: US$5.93 million
One of the newest ways to gain exposure to physical uranium is through the token xU3O8.
Using the power of the Tezos blockchain and real-world asset tokenization, the xU3O8 token from uranium.io gives investors the ability to directly own and trade physical uranium. Launched in 2024, xU3O8’s 38,464.62 kilograms of U3O8 are stored at a secure Cameco facility, with Archax acting as trustee.
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
triumph gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N61) is pleased to provide an operational update as it enters 2025 with a refined exploration focus, strategic growth objectives, and a commitment to responsible development. The Company also announced it has engaged a market maker and granted incentive stock options.
Leadership and Direction
triumph gold continues under the leadership of John Anderson, Chairman and Interim Chief Executive Officer. With over 25 years of experience in the capital markets and resource sectors, Anderson has guided the Company since its early days as Northern Freegold.
‘We’ve taken meaningful steps to streamline operations and position the Company for disciplined growth,’ said Anderson. ‘With strong core assets, a focused strategy, and improving market conditions for gold and copper, Triumph prepares to enter the second quarter of 2025 ready to pursue opportunities that create long-term value’.
Key Assets and Positioning
Freegold Mountain Project
Located in Yukon, the flagship Freegold Mountain Project hosts over 2 million gold equivalent ounces across three mineralized zones, as defined in a 2020 NI 43-101 resource estimate. These deposits provide exposure to high-grade gold, copper, molybdenum, and tungsten at a time of increasing demand for critical minerals.
Andalusite Peak Property
Triumph’s Andalusite Peak copper-gold project is located in British Columbia’s Golden Horseshoe region, in proximity to major porphyry systems such as Saddle North and Red Chris. The Company plans to advance exploration in 2025 through geochemical surveys and mapping.
Favourable Jurisdictions
All assets are situated in well-established, mining-friendly regions of Yukon and British Columbia, offering stable permitting frameworks and access to infrastructure.
2025 Growth Strategy
triumph gold’s 2025 strategy centers on project advancement, portfolio expansion, and disciplined exploration:
Strategic Acquisitions
The Company is evaluating potential acquisitions of high-quality silver projects to complement and diversify its current asset base.
Advancing Andalusite Peak
Located in British Columbia’s Golden Horseshoe near Newmont’s Saddle North and Red Chris projects, the Andalusite Peak property will focus on geochemical surveys and detailed geological mapping in 2025.
Expanding Freegold Mountain Exploration
Triumph will review historical datasets and define new exploration targets outside current resource zones to support potential discoveries.
Commitment to Responsible Development
triumph gold is committed to responsible exploration and development. The Company maintains active engagement with First Nations and local communities, recognizes the traditional territories on which its projects are located, and prioritizes environmental stewardship and cultural respect in all exploration activities.
Triumph Engages Independent Trading Group (‘ITG‘) as Market Maker
triumph gold announces that subject to regulatory approval, it has engaged the services of Independent Trading Group (‘ITG’) to provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, and Cboe Canada policies. ITG will trade shares of the Company on the CSE/ Cboe Canada/ TSXV and all other trading venues to maintain a reasonable market and improve the liquidity of the Company’s common shares.
Under the agreement, ITG will receive compensation of CAD$6,500 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days’ notice. No performance factors are contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities. At the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.
triumph gold Issues Stock Options
The Company has granted 4,750,000 incentive stock options to directors, officers, employees, and consultants. The options are exercisable at $0.27 per share for a period of five years, with immediate vesting.
The options were granted pursuant to triumph gold’s rolling stock option plan, which has been approved by shareholders and the TSX Venture Exchange. This issuance is intended to retain and motivate key contributors and align long-term interests with those of shareholders.
Looking Ahead
triumph gold is entering 2025 with momentum, a clear strategy, and a commitment to shareholder value. The Company thanks its shareholders for their continued support and looks forward to sharing further updates in the months ahead. For more information or investor inquiries, please email John Anderson, Chairman & Interim CEO, at janderson@triumphgoldcorp.com.
About triumph gold Corp.
triumph gold is a Canadian-based, growth-oriented exploration and development company with a district-scale land package in the mining-friendly Yukon. Led by an experienced management and technical team, The Company is focused on actively advancing its flagship Freegold Mountain Project using multidiscipline exploration and evaluation techniques.
The road-accessible Freegold Mountain Project, located in the Dawson Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometres and covers an extensive section of the Big Creek Fault Zone, a structure directly related to epithermal gold and silver mineralization and gold-rich porphyry copper mineralization.
The Company owns 100% of the Big Creek and Tad/Toro gold-silver-copper properties situated along the strike of the Freegold Mountain Project within the Dawson Range.
The Company also owns 100% of the Andalusite Peak copper-gold property, 36 km southeast of Dease Lake within the Stikine Range in British Columbia.
triumph gold acknowledges the traditional territories of the Little Salmon Carmacks First Nation and Selkirk First Nation, on which the Company’s Yukon mineral exploration projects are located. triumph gold has a longstanding, ongoing engagement with these First Nations through communication, environmental stewardship, and local employment.
For more information, please visit triumphgoldcorp.com.
For further information about triumph gold, please contact:
John Anderson, Executive Chairman
triumph gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedarplus.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251572
News Provided by Newsfile via QuoteMedia
INDIANAPOLIS — Donovan Mitchell scored 43 points for a second consecutive 40-point outing, but this time it didn’t come in defeat as the Cavaliers beat the Pacers 126-104 in Game 3 of the Eastern Conference semifinals at Gainbridge Fieldhouse.
The Cavs trimmed the Pacers’ series lead to 2-1, avoiding the 3-0 deficit from which no NBA team has ever come back. Game 4 is 8 p.m. ET, Sunday at Gainbridge Fieldhouse. The Cavs’ win guarantees the series will go at least five games with Game 5 being in Cleveland.
Guard Max Strus had 20 points and seven assists for the Cavs. Center Jarrett Allen had 19 points and 12 rebounds. Forward Evan Mobley had 18 points and 13 rebounds. Bennedict Mathurin led the Pacers with 23 points. Forward Pascal Siakam added 18. Center Myles Turner added 15.
Here are three observations.
Mitchell gave the Cavs 48 points in a sensational performance in Game 2, but it still wasn’t enough for the Cavs to avoid a fourth-quarter collapse. He wasn’t about to let it happen again, and he also had more stars available to help him with Darius Garland, Evan Mobley and De’Andre Hunter all back after missing Game 2 with injury.
Mitchell, as he has been all series, was impossible to keep away from the rim without fouling. He scored 43 points on 14-of-29 shooting with much of that coming at the rim, but he also hit 5-of-13 3s. He was also 10-of-14 at the line and when he wasn’t scoring he was playmaking for others. He grabbed nine rebounds and also dished out five assists.
The Cavs had four other players in double figures but Mobley was the most important on both ends. He scored 18 points on 6-of-13 shooting but he was a bigger game-changer on the defensive end. The NBA’s Defensive Player of the Year grabbed 13 rebounds, including eight on defense, blocked three shots and registered three steals.
In three of the past four games, the Pacers have put together a truly awful offensive quarter in the first half to dig a hole for themselves. In Friday’s case it was the second quarter after a 13-point first quarter against the Bucks in Game 5 of the first round and a 15-point first quarter against the Cavs in Game 2.
The Pacers seemed totally flummoxed by the 3-2 zone the Cavs used, and Mobley personally blew up a lot of what the Pacers were trying to do. They lost the period 34-13 making just five of 22 field goals and missing all 11 of their 3-point shots. They managed five paint buckets in the period but that was almost all the offense they could muster.
In each game so far in this series, Mathurin has brought a spark to the Pacers when they absolutely had to have it and brought a sustained level of force on both ends.
The third-year wing broke the Pacers out of an early first-quarter funk with three buckets, including a pair of 3s. That helped the Pacers turn an 0-of-7 start from the field and a stretch where only Myles Turner could score points into a 32-point first quarter.
From there, Mathurin kept attacking the rim and kept drawing fouls and showed some shooting touch. He finished with 23 points on 6-of-11 shooting, including 3-of-8 from 3-point range and 8-of-9 from the line. He also caused Garland trouble on defense, getting him to pick up his fourth foul at a critical time.
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The defending champion Florida Panthers are back in their second-round series after downing the Toronto Maple Leafs 5-4 in overtime Friday.
Trade deadline acquisition Brad Marchand, a thorn in the Maple Leafs’ side during his Boston Bruins days, added a new chapter with his winning goal at 15:27 of overtime. It has his fourth career playoff overtime goal and also his 14th postseason game-winner, tops among active players.
The Panthers now trail the best-of-seven series 2-1 after coach Paul Maurice’s moves paid off.
He swapped out the entire fourth line, which provided energy and a goal. He also tweaked the top two lines, which were highly effective.
The Panthers still had to come back from 2-0 and 3-1 deficits to win. Sergei Bobrovsky, who looked shaky early, made several big saves in overtime in a game that was filled with lots of hits and fluky goals.
USA TODAY Sports provided live coverage for Game 3 between the Florida Panthers and Toronto Maple Leafs. Here are updates and highlights:
Brad Marchand scores at 15:27 of overtime. After sustained pressure in the zone, Marchand skates toward the left faceoff circle and his shot hits something and deflects over Joseph Woll’s shoulder for a 5-4 win. The Panthers cut their series deficit to 2-1.
Matthew Knies tracks down a loose puck, breaks in alone and Bobrovsky stops him.
Joseph Woll keeps the puck out as Panthers press. They’re scraping the ice with 6:56 left.
He stops William Nylander, who broke in after a long pass from the Leafs zone.
Maple Leafs kill off the remaining 13 seconds of Max Pacioretty’s penalty.
Jonah Gadjovich is awarded the goal originally given to Tomas Nosek. The puck defected off Gadjovich.
Morgan Rielly tied the game with a fluke goal in the third period. The Maple Leafs get some big blocks during a late Panthers power play and Sam Reinhart hits the post. We’re heading to overtime.
Game still tied.
Morgan Rielly high-sticks Anton Lundell, but nothing is called.
He throws the puck at the end. Sergei Bobrovsky makes a blocker save and the puck goes off Panthers defenseman Seth Jones leg and into the net. Rielly had accidentally knocked the puck into his own net earlier in the game. Panthers 4, Maple Leafs 4
This game has had several goals involving strange bounces and the Maple Leafs tie the game on one when Sergei Bobrovsky makes a blocker save and the puck goes off Panthers defenseman Seth Jones and into the net. Morgan Rielly got the goal. Both teams hit the post afterward and we’re going to overtime.
Max Pacioretty is called for tripping Seth Jones. There’s 1:47 left in regulation. Sam Reinhart hits the post. Maple Leafs get some blocks and it’s heading to overtime. There will be 13 seconds left on the power play once overtime starts.
More deliberate pace so far. Shots are 3-2 Toronto.
Goalie Joseph Woll was a near-giveaway early but recovers to stop Anton Lundell.
Toronto scores early and Florida controls like, just like the first period. The difference this time: Florida puts in three goals to take the lead. The Panthers led in shots, 9-4, and had another 20-plus hits in the period. The Maple Leafs led after two periods in the first two games of the series
Tomas Nosek, who scored the go-ahead goal, barrels into the net and is slow to get up. He starts heading to the dressing room but comes back to the bench.
Panthers coach Paul Maurice changed out his fourth line and the new one connects. Tomas Nosek takes a shot that deflects several times. He’s credited for now, his first goal of the playoffs. Fourth line looking good in this game. Panthers 4, Maple Leafs 3
Dmitry Kulikov holds Max Domi. Toronto already has a power-play goal in this game. Florida’s Brad Marchand gets the best chance. Penalty killed.
Carter Verhaeghe has a wide-open net after a great pass from Sam Bennett. Two Florida goals in 64 seconds and we’re tied. Panthers 3, Maple Leafs 3
Brandon Carlo uses a broken stick to stop the puck from crossing the line. Sam Reinhart scores but it’s not clear that’s in until a replay shows the puck over the line. Maple Leafs 3, Panthers 2
With the Maple Leafs on a power play, John Tavares tips a Mitch Marner point shot. It goes in off Panthers defenseman Gustav Forsling. Maple Leafs 3, Panthers 1
2-1 Toronto.
Florida got off to a disastrous start by giving up a Mathew Knies goal 23 seconds in, the Maple Leafs’ quickest playoff goal in 62 years. Toronto added another goal off the rush (Florida was too aggressive on the forecheck) before the game was six minutes old. But the Panthers started controlling play after and got an Aleksander Barkov goal (knocked in by Morgan Rielly). Shots are 12-10 Toronto. Florida has a huge edge in hits, 24-10.
Max Domi called for roughing Carter Verhaeghe. But power play doesn’t last long. Verhaeghe is called for holding the stick. Before Florida can touch the puck, Mitch Marner is stopped on a short-handed breakaway. Florida kills off the abbreviate Toronto power play.
Brandon Carlo in the penalty box for his hit on Matthew Tkachuk. Panthers get some looks, Sam Reinhart hits the post and Toronto kills it off.
Aleksander Barkov throws a hit, takes a Sam Reinhart pass and drives the net. Morgan Rielly accidentally puts it into his own net. Maple Leafs 2, Panthers 1
Maple Leafs get a 3-on-2 break. John Tavares gets the puck and scores on a wraparound at 5:57. Sergei Bobrovsky can’t get back in time. Max Pacioretty and William Nylander continue their strong play by picking up the assists. Maple Leafs 2, Panthers 0
Matthew Knies scores 23 seconds into the game. Not the start Florida wants. Knies knocks in a rebound after Mitch Marner’s shot hits the crossbar. Maple Leafs 1, Panthers 0
Auston Matthews line vs. Aleksander Barkov line.
Game 3 between the Florida Panthers and Toronto Maple Leafs will start at 7 p.m. ET on Friday, May 9, at Amerant Bank Arena in Sunrise, Florida.
Panthers vs. Maple Leafs, Game 3
According to the Panthers roster report, Tomas Nosek, A.J. Greer, Jonah Gadjovich are dressing for this game, replacing fourth-liners Mackie Samoskevich, Nico Sturm and Jesper Boqvist. Evan Rodrigues moves to the top line and Carter Verghaeghe goes to the second line.
Panthers goalie Sergei Bobrovsky uncharacteristically has given up nine goals on 50 shots in the series.
‘Our confidence (in Bobrovsky) is never wavering,’ forward Sam Reinhart said. ‘We feel we’ve got the best goalie in the world back there. Our job is to make it as easy as possible for him. I think we can do a better job of that.’
Connor Hellebuyck made 21 saves to help the Winnipeg Jets even their Western Conference semifinal series against the Dallas Stars with a 4-0 win in Game 2 on Friday night.
Hellebuyck, the front-runner to win a third Vezina Trophy as the NHL’s top goalie and also also finalist for the Hart Trophy, has 49 shutouts in his career, including four in the postseason.
Game 3 in the best-of-seven series is scheduled for Sunday afternoon in Dallas.
Nikolaj Ehlers had two goals and an assist, Gabriel Vilardi and Adam Lowry also scored and Dylan DeMelo had two assists for the Jets, who won the Presidents’ Trophy for the best record during the regular season.
Jake Oettinger turned aside 21 shots for the Stars, who were coming off a 3-2 road victory in Game 1 on Wednesday.
Tyler Seguin was called for a double-minor high-sticking penalty on Josh Morrissey 17 seconds into the game, and Vilardi scored with 42 seconds left on the four-minor power play to give the Jets a 1-0 lead.
Ehlers took a shot that clipped off Oettinger’s skate, hit the post, came back and hit Oettinger’s skate blade and was heading back toward the goal line when Vilardi pushed it across.
Morrissey had missed Game 1 after sustaining an upper-body injury in Game 7 against the St. Louis Blues on Sunday.
The Jets scored again when a centering pass by Ehlers went off the skate of Dallas defenseman Esa Lindell and redirected into his own net, giving Winnipeg a 2-0 lead at 7:07 of the first.
The Jets extended the lead to 3-0 at 11:02 of the second.
A shot from the right point by DeMelo was deflected wide and caromed off the end boards and out the other side. Lowry was there to sweep the puck into the net from the bottom of the left circle before Oettinger could slide over.
Hellebuyck made two more Grade-A saves in the second period, a sprawling stop on Evgenii Dadonov at 14:16, followed by a left pad save on Jamie Benn off a rush at 15:32.
Hellebuyck led the NHL in wins (47), goals-against average (2.00) and shutouts (eight) during the regular season, and was second in save percentage (.925). However, he had struggled in the playoffs entering Game 2, owning a 4-4 mark,a 3.75 GAA and a .836 save percentage.
Ehlers scored into an empty net with 3:40 left to make it 4-0.
The 2025 NBA playoffs continued Friday with Game 3 between the Cleveland Cavaliers and Indiana Pacers.
Donovan Mitchell’s 43-point performance guided the Cavaliers to a 126-104 rout over the Pacers and their first victory in the series. Indiana still holds a 2-1 lead with the road team winning each game in the series.
While Mitchell had a busy night, it was a fairly quiet night for Pacers star Tyrese Haliburton, who was limited to just four points.
Jarrett Allen (19 points and 12 rebounds) and Evan Mobley (18 points and 13 rebounds) produced double-doubles in the victory. Max Strus added 20 points.
The Pacers staged a remarkable comeback in Game 2, winning 120-119 when Haliburton made a last-second 3-pointer to sink the top-seeded Cavaliers. Bennedict Mathurin scored a team-high 23 points for Indiana.
The Pacers outscored the Cavs 34-31 in the quarter after Indiana showed signs of life with an 11-2 run during a two-minute stretch in the third quarter. The Cavs were able to gain some momentum after Myles Turner left the game briefly.
Turner went back to the locker room with close to six minutes left in the quarter after a potential foot injury. Turner returned just minutes later after having his ankle retaped.
The Cavs have led by as many as 24 points through the first three quarters of play. The Pacers have not led at any point during the game.
The Cavaliers outscored the Pacers 34-13 in the second quarter to take a comfortable lead into the locker room. Donovan Mitchell produced 17 points and five rebounds in the first half while Jarrett Allen and Max Strus finished with 13 points each.
Tyrese Haliburton went scoreless in the second quarter for the Pacers after scoring just two points in the first quarter.
The Pacers shot just 3-for-11 against the Cavaliers’ zone defense in the first half. All three shots came in the second quarter, according to ESPN.
It was a roller coaster first quarter in Indianapolis.
The Cavaliers sprinted out to an 11-0 lead and pushed it to 19-5, but Indiana slowly crawled back throughout the frame and tied it up with under 5 seconds to play on a Ben Sheppard 3-pointer.
Myles Turner has a game-high 12 points for Indiana, and Bennedict Mathurin added eight off the bench. Evan Mobley and Max Strus led Cleveland with eight points apiece in the first.
Game 3 between the Cleveland Cavaliers and Indiana Pacers will tip at 7:30 p.m. ET on Friday at Gainbridge Fieldhouse in Indianapolis on Friday, May 9.
Watch Cavaliers-Pacers Game 3 with Fubo
(Pacers lead series, 2-0)