Author

admin

Browsing

It’s a holly jolly Christmas for Athletics’ fans.

After missing a good chunk of the 2024 season due to a bone bruise in his left wrist, Soderstrom enjoyed his first full season in the Majors in 2025. He didn’t disappoint.

Soderstrom was a key cog in the Athletics’ offense that finished the 2025 season above league average in runs (733), home runs (219), batting average (.253), OPS (.749), and total bases (2388).

What are the details of Soderstrom’s extension?

Soderstrom’s contract is worth $86 million over seven years, with an option for an eighth year as well. Soderstrom’s contract is also filled to the brim with incentives that could lift the value of the contract up to a staggering $131 million.

Tyler Soderstrom 2025 stats

Soderstrom enjoyed a remarkable 2025 season, slashing .276/.346/.474 with 25 home runs and 93 RBI. His 126 OPS+ ranked fourth on the team.

Soderstrom was drafted as a catcher but spent most of his time in left field in 2025, while also playing 394 innings at first base.

This post appeared first on USA TODAY

The biotech sector is entering 2026 with a positive outlook, characterized by reasonable valuations, robust oncology momentum and supportive policy tailwinds. This combination is setting the stage for a continued recovery, driven in part by the integration of artificial intelligence (AI).

However, this sectoral resurgence must navigate a tug-of-war between supportive stimulus and structural risks, which have the potential to challenge the pace of recovery.

Biotech sector rebounding after US uncertainty

According to Song, biotech has rebounded since its lows in April of this year.

Company valuations are trading at a 15 percent discount to broader markets on forward price-to-earnings, with secular demand intact for oncology, obesity and chronic diseases. In Song’s view, the biotech industry’s rebound stems from reduced uncertainty under the administration of US President Donald Trump.

Song added that valuations across healthcare are reasonable, noting rotational flows from cooling AI hype.

“I can’t deny that there have been some rotational effects that not just biotech has benefited (from), but healthcare in general,’ he commented. “While AI is an important driver in healthcare, to our view, it certainly is not priced in to the largest extent in many pockets of healthcare.”

Key biotech sector catalysts in 2026

Song sees healthcare’s recovery extending into 2026, with oncology remaining the primary growth engine.

He characterized the current sector resurgence as a durable structural shift being fueled by key developments that present tangible investment opportunities, including anticipated positive clinical trial outcomes, such as those for Revolution Medicines’ (NASDAQ:RVMD) pancreatic cancer drug.

“They have a lead drug that blocks an important pathway called RAS … and they could have a potential breakthrough in pancreatic cancer. They’re running a Phase III trial to demonstrate a potential survival benefit. There could be meaningful progress there,” Song noted. A data readout is expected next year.

Outside oncology, Song flagged high-profile biotech catalysts that could broaden the sector’s 2026 rally.

“Non-peptide oral GLP-1s … are clearly going to be an important data set readout and launch that could occur next year,” he explained, citing Eli Lilly’s (NYSE:LLY) orforglipron, a daily pill that hit Phase III success for type 2 diabetes and obesity in 2025. Approval is expected in 2026, and he believes it could be a potential game changer in obesity and chronic disease treatments, an area dominated by biotech innovators.

Song also sees validation ahead for platform technologies.

A dual-track recovery for biotech

While macro analysts see a broad cyclical recovery in 2026, Song predicts that the market will be defined by a dual-track recovery: a diagnostics-led initial public offering (IPO) surge, and a biopharma M&A environment focused on companies with the clinical validation required to alter the current standard of care.

Renaissance Capital predicts a faster pace for biotech IPOs, with a strong pipeline of companies such as Aktis Oncology, a radiopharma diagnostics firm targeting solid tumors, ready to list for US$100 million.

Additionally, AlphaSense forecasts steady M&A flow as companies rebuild their pipelines in the new year, a trend that Song sees as a structural necessity rather than a simple trend. “It’s an important pillar where Big Pharma needs to replenish their pipelines, and they can’t all do it internally,” he explained.

Consequently, he believes the primary “hunting ground” for these deals is mid-cap territory, where acquiring one or two proven drugs can effectively move the needle for a large pharmaceutical giant.

AI in the biotech sector

Song maintained that AI has not reached full valuation in the sector, and its role is expected to grow, with significant future productivity gains predicted in biopharma, drug discovery, clinical development and healthcare delivery.

“We’ve done some preliminary work that that that suggests there could be … productivity gains in areas like biopharmaceuticals and drug discovery and clinical development,” Song explained, adding that these are long-term projections. He sees a more immediate economic impact in how care is managed.

“Since healthcare is a large part of the US and global economy, and growing quickly in terms of healthcare costs, there are also opportunities for efficiency gains, which could lead to margin and consumer gains,” he noted. This revolution in delivery is already a key focus for his firm’s Tema Oncology ETF (NASDAQ:CANC).

However, life science market analyst Anastasia Bystritskaya warned that valuation and productivity are not synonymous, as high-performing models do not automatically become revenue-producing products. For investors, the real inflection point is operational integration rather than operating as a standalone prototype.

Drive for efficiency is expected to take a practical form in 2026 through what Sergey Jakimov, managing partner at longevity and biotech venture capital firm LongeVC, described as the “doctor in your hand.”

This AI companion manages routine, low-complexity tasks between clinic visits.

LongeVC anticipates that this shift to a regulated digital workflow will allow AI to identify meaningful clinical signals continuously without overburdening primary care teams.

This democratization of discovery creates a new competitive landscape for the hunting ground Song described; if AI-enabled teams can dissect complex pathways without a billion-dollar balance sheet, the traditional R&D model of Big Pharma faces a permanent disruption. In this new era, the innovation gap could be filled by agile players who use technology to act with the scale of a giant, but the speed of a startup.

Investor takeaway

Despite sector momentum, headwinds remain, particularly regarding the stability of clinical research funding.

A November report in JAMA Internal Medicine reveals that 383 clinical trials recently had their grants terminated, disrupting progress for over 74,000 participants. Dr. Gary K. Zammit, founder of Clinilabs, warned these reductions in National Institutes of Health funding risk slowing future commercial development of innovative therapies.

Macroeconomic headwinds, including rising tariffs and early labor market weakness, also present a material challenge.

Ultimately, the 2026 biotech outlook balances promising catalysts with the need for strategic capital deployment and a focus on clinically validated platform technologies, ensuring a durable expansion for the sector.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The holiday season brings more than festive cheer, as for investors, it may signal the start of the so-called Santa Claus rally.

The Santa Claus rally is a period between the final trading days of December and the first days of January when stocks tend to climb. While this seasonal uptick isn’t guaranteed, historical data shows that markets rise more often than not during this window, driven by investor optimism, low trading volumes and year-end portfolio adjustments.

Historically, the last five trading days of December and the first two of January have been a period of above-average stock gains, offering a short, sharp rally for markets heading into the new year.

According to the Stock Trader’s Almanac, the Santa Claus rally has delivered an average gain of 1.3 percent for the S&P 500 (INDEXSP:.INX) since 1950. The phenomenon was first documented in 1972 by Yale Hirsch, founder of the Almanac, and continues to shape investor expectations today.

As for whether 2025 will deliver a Santa Claus rally to close out the year, after a choppy first half for December, markets have shown signs that a late-year recovery is possible.

When does the Santa Claus rally start?

The Santa Claus rally typically occurs over the final five trading days of December and the first two trading days of January. For 2025, the rally window begins on Wednesday, December 24, and runs through Monday, January 5, if historical patterns hold.

This narrow window often yields modest, yet consistent, returns for investors who time the market correctly.

While the rally’s timeframe is traditionally short, its effects can ripple through the market into early January. Essentially, a strong performance during this period can set the tone for January.

However, the exact timing of the Santa Claus rally can vary. Some analysts suggest that the rally has started earlier in recent years as investors attempt to front run the effect by increasing their positions in mid-December. This shift may blur the lines between the Santa Claus rally and broader December market upswings.

Will 2025 deliver a Santa Claus Rally?

This year, the S&P 500 fell during the middle of the month following a cooler-than-expected, albeit controversial, inflation report, which raised hopes for additional interest-rate cuts next year.

Despite this downturn, analysts note that a weak start to December has often failed to derail Santa’s run. Since 1950, the S&P 500 finished the Santa Claus rally period higher in 77 percent of years, even after early-month declines. By the end of the week, the index had already regained some ground, and it continued higher in the days leading up to Christmas.

“Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up,” Goldman Sachs’ (NYSE:GS) trading desk team wrote in a note to clients, as reported by Bloomberg. ‘While we don’t necessarily see a dramatic rally, we do think there is room to go up from here into year end.”

Jeffrey Hirsch, editor-in-chief of the Stock Trader’s Almanac and Yale Hirsch’s son, also weighed in on the markets.

“It looks like (the Santa Claus rally) is set up and we can make another high by the end of the year,” he told MarketWatch. Hirsch cited cooler inflation readings and slower job growth in November, which may give the Federal Reserve room to cut interest rates in 2026.

It remains to be seen whether these predictions will come true, or if the market will be weighed down by factors including recent volatility in technology and artificial-intelligence-linked stocks.

Is the Santa Claus rally reliable?

Despite skepticism in some quarters, historical data supports the existence of the Santa Claus rally, and it is well documented.

Historically, the Santa Claus rally has been a relatively consistent period of gains. That said, historical patterns do not guarantee results, and not every year delivers the expected results. The S&P 500 lost about half a percentage point during the Santa rally period in 2024, and consecutive losses are rare but possible.

Columnist Mark Hulbert has expressed skepticism about the event in the past, noting that there is no definitive evidence that the market consistently outperforms during this period.

“An analysis of the past century reveals that the stock market in the weeks prior to Christmas is no more likely to rally than at other times of the year. (I suggest investors) ignore any arguments based on an alleged Santa Claus Rally,” Hulbert warned in an opinion piece posted on MarketWatch in 2018.

In 2019, for example, the market experienced volatility in December, defying the usual pattern.

In a December 2025 interview with CNBC, Jeffrey Hirsch cautioned that failure to rally is not an immediate bear-market signal, but rather “a flag to start looking at the other data — whether it’s seasonal indicators or other fundamental or technical measures.”

Despite the varying takes, many investors view the rally as a psychological phenomenon — one that influences market sentiment even if the returns are marginal.

Strategies for the Santa Claus rally

Now that the Santa Claus rally seems to be underway, investors interested in joining in have a variety of options, including domestic markets, international diversification or targeted sector plays such as mega-cap tech stocks.

As always, consulting with a financial advisor and conducting thorough research remains essential. While the Santa Claus rally offers potential rewards, market conditions can shift quickly, making flexibility and prudence key to success.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Craig Hemke, publisher of TFMetalsReport.com, shares his thoughts on the gold and silver markets heading into 2026, outlining why he remains bullish.

‘Just keep adding some — it’s your protection against the madness. It’ll get you through the storm,’ he said. ‘It preserves your net worth from the destruction of these bankers and politicians.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

It was February 2025 when the cracks in the facade of Sherrone Moore’s reign began to appear, or at least were put on display for his entire coaching staff to see.

In a meeting called by the then-Michigan football coach on a cold afternoon in Ann Arbor, Moore delivered a vitriolic outburst featuring tears and tossed papers in a virtual harbinger of his downfall at Michigan a scant 10 months later.

By December 2025, Moore would be no more within the walls of Schembechler Hall, fired for an inappropriate relationship with a staffer, and jailed the same day on a trio of charges related to allegedly threatening that same staffer.

But in February, Moore’s ire was directed at Wink Martindale.

Martindale, the team’s defensive coordinator, had two decades of NFL experience, including nearly 10 years working for the Baltimore Ravens – a team run by former U-M coach Jim Harbaugh’s brother John, and a pipeline for U-M coaches over the years.

Martindale, in his first year at U-M, helped Moore save the 2024 season with defensive masterclasses against Ohio State and then Alabama, seemingly setting the program up for success in Year 2.

Instead, the relationship between the two began to devolve even before spring ball.

“Sherrone wasn’t even speaking to his coaches over the last recent couple weeks, month,” a high-ranking university official who spoke on condition of anonymity to protect their relationships, told the Free Press shortly after Moore was fired.

The disconnect had one coach targeted, specifically, said the official: “Wink.”

The seed was seemingly planted when Moore overheard coaches discussing a potential recruit and quickly called a meeting.

According to a person with knowledge of the meeting, Moore began screaming at staffers that everybody needed to be on the same page, and that he didn’t want “people talking behind [his] back” about recruits.

Martindale piped up, saying, “Look, we’re trying to help you … get the right recruits.”

Moore responded: “You don’t know what the [expletive] you’re doing.”

Martindale, then 61, retorted, “Yeah … I’m just the old guy,” drawing an eruption from the 39-year-old Moore, who had been in charge of the U-M program for roughly 13 months following six years as an assistant coach in Ann Arbor.

“You don’t know how hard it is to be the head football coach and the pressure,” Moore allegedly said through tears, as he slammed down his papers and withdrew to his office.

It could almost be seen as a microcosm of Moore’s tenure with the Wolverines – fiery talk, followed by an unexpected collapse.

These days, Moore is unemployed, awaiting a probable cause hearing in January and wearing a GPS tether. It all stemmed from his firing Dec. 10 after the surfacing of ‘credible evidence’ of an illicit relationship with a staffer and a subsequent arrest for allegedly breaking into her apartment and threatening to kill himself, resulting in charges for third-degree felony home invasion, misdemeanor stalking and misdemeanor breaking and entering.

(The Free Press generally does not identify people described as domestic crime victims without their consent.)

Moore’s arrest was a loud announcement of his own problems at Michigan, but things were quietly falling apart within the program long before then.

More than half a dozen people with knowledge of the situation – including former staffers, high-ranking university officials, members of the athletic department, women Moore messaged online and parents of players – detailed to the Free Press how college football’s winningest program, led by a young coach seemingly on his way to stardom, unraveled in the blink of an eye.

‘A culture shift,” one called it.

‘Not what it seemed on the outside,’ another said.

‘A long time’ without fun

The breakdown of kinship among some Michigan football staff is far from secret these days.

Interim coach Biff Poggi admitted as much in his final media availability before the Wolverines depart for their Citrus Bowl date with Texas at the end of the month. The interim coach, who had two stints as associate head coach at U-M – one under Harbaugh and one under Moore – was asked about the relationships among the Wolverines’ staff on Monday, Dec. 22.

His telling response: ‘As far as being close … I wouldn’t say that, exactly.’

For the team – players and coaches alike – it had “been a long time” since they truly had fun, Poggi added. The loss of spark seemed to trickle down from Moore, even before his slide from the power seat in Michigan football.

Moore climbed the coaching ranks both in level – from Louisville to Central Michigan to U-M – and in responsibility – from tight ends, to offensive line, offensive coordinator and, finally, coach of Michigan football.

On paper, he checked all the boxes. In reality, he proved to be in over his head, nearly from the start.

Exacerbating that was his seemingly near-constant distraction by women both in and out of the program.

In less than two years, Moore took a program coming off its first national championship in a quarter-century and turned it into a punchline for comedians from the Empire State to the Mitten State – both ‘Saturday Night Live’ and stand-up comic Jordan Klepper, in Ann Arbor for a show, had jokes about Moore and the Wolverines teed up days after his dismissal.

[ MUST LISTEN: Make ‘Hail Yes!’ your go-to Wolverines podcast, available anywhere you listen to podcasts (Apple, Spotify) ]   

‘Jobs they were gifted’

Barely a year before then, Michigan football had all but forgotten how to lose.

That’s why it felt so strange inside team headquarters Sept. 8, 2024, as the Wolverines reconvened following a 31-12 home loss to Texas on Sept. 7 – Michigan’s first loss in 616 days.

In 2022, Michigan’s only loss had come in the College Football Playoff semifinal; nobody had to report to Schembechler Hall to try and rebound afterwards – the season was simply done. In 2023, Michigan went one game further, and completed an undefeated CFP championship season.

Following the title, coach Jim Harbaugh left for the NFL’s Los Angeles Chargers and carried away a wealth of coaching talent: Jesse Minter (defensive coordinator), Mike Elston (defensive line), Steve Clinkscale (defensive backs) and Ben Herbert (strength and conditioning). Jay Harbaugh, Jim’s son and the special teams coordinator, also left for the NFL to join former U-M defensive coordinator Mike Macdonald with the Seattle Seahawks.

It left a void in Ann Arbor and, because of the timing of Harbaugh’s departure in late January, the coaching options were few. 

But one coach – Moore – was propped up by his predecessor, who’d once named the Oklahoma alumnus an ‘honorary Michigan Man,’ and pushed forward by players to take over the program. Athletic director Warde Manuel had witnessed his 2023 run as interim coach, when Moore closed the regular season in place of a suspended Harbaugh with a run-heavy, emotional win over Penn State on the road, the program’s 1,000th win at Maryland and a thriller over Ohio State to clinch a third straight Big Ten title game berth.

Manuel briefly looked into other candidates, but never interviewed anyone else. A 2½-hour conversation with Moore was the only formal interview before he was hired.

When Moore took over in late January 2024, the Wolverines were already behind. While Michigan celebrated its first title since 1997, other teams had already filled out their staffs. Michigan tried to hire internally for as many roles as possible, hoping to keep a semblance of Harbaugh’s structure in place.

Kirk Campbell was promoted from quarterbacks coach to offensive coordinator. Grant Newsome went from tight ends coach to offensive line. Steve Casula, formerly an analyst at U-M before leaving for UMass, was brought back to coach tight ends. J.B. Brown was promoted from analyst to special teams coordinator.

Moore, of course, went from coordinating the offensive attack (and the offensive line) to running the entire show.

How did the calendar change the approach? A person with intimate knowledge of the decision said that, had it happened on a normal timeline, the coach search would’ve been more extensive.

“It was a lot of guys who might’ve not been ready for the jobs they were really gifted,” another person who previously worked in the building, said on condition of anonymity for employment reasons. “Kirk Campbell as QB coach and last year as OC were like two completely different people. … Newsome will be a good coach some day, one of the brightest individuals I’ve been around, but was he ready to be O-line coach at Michigan?

“It created a culture of just less structure and less confidence. … Players felt that.”

According to this person, who was inside the program under Moore and a self-proclaimed ‘huge Michigan fan,’ there’s an “arrogance that goes along with Michigan” – an attitude that was at “an all-time high” for many of the coaches who’d been promoted.

It wasn’t just an arrogance, but a shift in the power dynamic, another former member of the program said.

Moore knew the players in a different way than Harbaugh, having served with multiple groups as a position coach. As one of the former staffers said, it was hard to shake that vision of him. Harbaugh, 61 at the time of his CFP win, was a father figure, while Moore was more like a brother or friend.

Without Harbaugh overseeing the entire operation, a culture that had been built in detail and discipline lost its edge. Instead, it became more lax and lacked the conviction needed to win big.

Nobody expected Moore to have the coaching pedigree of Harbaugh, who starred as QB at Michigan under Bo Schembechler in the 1980s, played in the NFL for more than a decade and coached the University of San Diego and Stanford to extended success before leading the San Francisco 49ers to three NFL playoff berths and a Super Bowl appearance.

But perhaps the gap was underestimated.

U-M’s losses piled up in Year 1 under Moore. U-M lost four of five games from October through early November – one more than the Wolverines had lost in the three previous seasons combined – before salvaging the season with three consecutive victories, including the Martindale-driven stunner over Ohio State in Columbus that appeared to have the program growing toward the future. Instead, things inside the building got worse.

‘It was really toxic’

By the end of 2025, many of Moore’s relationships inside Schembechler Hall had fractured, including arguably his most important, with his defensive coordinator

“Yeah, they did not like each other,” a person who witnessed their interactions told the Free Press.

The Free Press reached out to Martindale via text message to inquire about Moore’s tantrum and their working relationship. Martindale responded he’d “been advised by my agent & lawyer not to comment on anything involving Michigan football. I respect your profession and appreciate you reaching out.”

It wasn’t just Moore who had outbursts, though.

Tight ends coach Steve Casula – now the interim offensive coordinator following the departure of Chip Lindsey on Sunday after just one season for the same job with Missouri – came up in multiple independent conversations with people with inside knowledge of the Michigan program.

Moore can’t necessarily be held accountable for the actions of his assistants, but they do provide an entry into the program’s culture.

One former staffer said Casula “bullied the hell” out of some of the lower-level staffers on the team, telling them to “shut the [expletive] up … They’re nothing. … They should be fired.” Trying to make a suggestion to Casula, the staffer continued, was like stepping on glass, and his “verbal abuse” was a prime example of the toxicity in the building.

It was yet another example of the lack of balance between aggression and respect coaches and players are supposed to have. Football locker rooms are notoriously aggressive, but this was said to be more than that: No one set the tone at the top for how to conduct oneself in a truly professional manner.

Another person from inside the program who also brought up Casula said he was among the coaches making staff members do busy work – “do [expletive] just to do [expletive].” 

This former staffer said Casula, 38, garnered respect for his climb through the coaching ranks the hard way – from high schools while he was still a college student to Western Michigan to Colgate to Division II Davenport and Ferris State, to an analyst at U-M, a coordinator at UMass and then, finally, back to Ann Arbor – but it manifested in a ‘narcissistic’ way.

“It was like ‘I have power now and because I had to take the hard way, I’m going to make those guys do it too,’” one ex-staffer told the Free Press.

The Free Press reached out to Casula via text message and he also declined to comment: “Given ongoing investigations, I am unable to speak with you about anything involving our football program and/or athletic department,” he replied.

‘If you didn’t know, you’re an idiot’

By the USC game on Oct. 11, the 2025 season had reached a point where even parents of players were starting to sense a disconnect from the top of the program.

One father of a current player, who spoke with the Free Press on condition of anonymity to protect his son, cited group chats with other parents questioning the lack of detail, the sloppy nature of games and a feeling that hadn’t been around previously.

“Parents said similar things … the challenges in terms of ‘What are we doing?’ It was almost like there wasn’t a focus,” the parent said. “If there were distractions, that would make sense [why it feels as though] your eye’s not on the goal. … You’re focused on other things instead of moving toward people to a playoff spot, you weren’t focused on that.’ 

Only Moore knows just how much outside circumstances were taking away his focus from football, but the evidence of distractions are now apparent.

Even before Moore’s firing, he communicated regularly with women outside of his relationship with his wife (with whom he has three children over a 10-year marriage). Not only with his staffer, but on social media − OnlyFans model Mia Sorety confirmed her experience to the Free Press.

He was “friendly,” she said, and “trying to get to see me and know me” when he was on recruiting trips in Houston.

Houston, of course, is also where Michigan won the CFP title game in January 2024. Nearly two years later, there were rumors swirling online that Moore offered Sorety tickets to the game, something she called ‘far from the truth.”

Sorety did confirm Moore sent her messages shortly after he was released from jail, but maintained they never met in person.

Another woman messaged the Free Press with a screenshot of a direct message from Moore via Instagram in fall 2019. She was 23 at the time, she told the Free Press.

‘I remember thinking it was odd to have him respond [with a message] to a simple follow on IG,’ she said.

However, Moore’s biggest problem was his years-long affair with the staff member, which ultimately got him fired.

As the 2025 season went on, and rumors began to pick up about his alleged affair, Moore appeared to become increasingly paranoid and ‘stressed out,’ the Free Press was told following the firing. 

Another person who was in the building in 2024 even said whispers of the alleged misconduct traveled inside the building, but some of the coaches “turned a blind eye to it.”

Poggi denied this vehemently this week, saying he and the entire staff were entirely “shocked” when the news came out.

The staffer said that wasn’t the sentiment when they were around.

“Guys over there on that side of the building [where Moore’s office was] 100% knew about it,” the former insider said. “They can deny it all they want, but there’s too many things that happened. If you didn’t know, you’re an idiot – it was too obvious.”

For example: When Moore stormed out of his February 2025 staff meeting after the disagreement with Martindale, there was one person that followed him out of the meeting and into his office that day − the staffer with whom he allegedly had a relationship.

“It’s a really weird dynamic, one of those things where everyone knew but no one wanted to say it,” another former staffer said. “She sat right in front of his office. Her desk was right in front of his office, like 2 feet in front of his.”

Moore’s reaction when the romantic relationship ended was the final example of what a current U-M employee told the Free Press they’d been hearing for some time: Things had spiraled out of control in the football building.

“Just so much tension and weird, erratic behavior and immaturity and stuff going on in Schembechler Hall,” the long-standing university employee said. “I don’t know if it was because of a guilty conscience … but clearly there was something going on.”

Now, U-M is on the search for a new coach – the program’s third coach in four years – as well as another offensive coordinator (the fifth in as many seasons) and possibly its fourth defensive coordinator in the past five.

Poggi was blunt on Monday when asked about what the program has become in recent years.

‘It has been five years of, let’s just call it what it is, a malfunctioning organization,’ he said. ‘There’s something every year. … The athletic director has made very clear that he doesn’t want any more of that.’

A former staffer acknowledged there were ‘problems’ under Harbaugh, too, before adding a familiar caveat: ‘Winning takes care of a lot of that.’

Now, the law firm of Jenner & Block is conducting an investigation into Moore’s relationship, looking at who knew what and when, as well as the athletic department’s culture. Interim Michigan president Domenico Grasso, meanwhile, said in a video last week the university will not hesitate to fire anybody, if the findings justify such an action.

‘If the university learns of information through this investigation or otherwise that warrants a termination of any employee, we will act swiftly, just as we did in the case of coach Moore,” Grasso said.

In the meantime, Michigan’s players are preparing for the Citrus Bowl in Orlando, Florida, on Dec. 31.

Speaking on Friday, senior defensive back Zeke Berry was one of the first three players to meet with the media after Moore’s firing. Reporters brought up the NCAA investigations, arrests and the frequency with which undesirable headlines have engulfed the program.

“Something” Berry said, “does need to change.”

Make ‘Hail Yes!’ your go-to Wolverines podcast, available anywhere you listen to podcasts (Apple, Spotify).

This post appeared first on USA TODAY

Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.

Under a definitive agreement announced by the two companies on Monday (December 22), Altius plans to purchase all of the issued common and convertible common shares of Lithium Royalty for C$9.50 each.

The amount will be paid as either C$9.50 in cash or 0.24 of a common Altius share, according to shareholders’ election.

For Altius, the acquisition will allow it to bring a portfolio of 37 lithium royalties into its fold. None of them involve streams, and they span projects from production through early exploration.

Four of the royalties are tied to producing assets, three of which were commissioned in 2025 and are currently ramping up or expanding. Another 12 projects are in advanced stages with completed economic studies, while three to five additional assets are targeting startup between 2026 and 2030.

The company said the portfolio is geographically concentrated in lower-risk jurisdictions, with most assets located in Canada, Australia and South America, and diversified across both brine-based and hard-rock lithium production.

At the current spot price, Altius expects the acquired royalties to contribute between US$29 million and US$43.7 million in annual revenue by the end of the decade. Lithium carbonate equivalent prices fell to multi-year lows in 2025, holding below US$9,000 per metric ton for most of the year, even as demand continues to expand beyond electric vehicles.

Altius said global lithium demand is expected to exceed 1.5 million metric tons of lithium carbonate equivalent in 2025, with supply deficits potentially re-emerging as early as 2026 after years of oversupply.

Altius Chief Executive Brian Dalton said lithium has “emerged as a mainstream scale mined commodity,” and described the acquired portfolio as featuring “very long resource lives,” strong cost positioning and low jurisdictional risk.

A special shareholders’ meeting is scheduled to happen no later than March 10, 2026.

If approved, the deal is expected to close in the first quarter of 2026, after which Lithium Royalty shares will be delisted and the company will cease to be a reporting issuer in Canada.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Happy Holidays – the penultimate week of the 2025 NFL regular season is upon us. However you might not exactly enjoy what’s underneath the tree on Christmas – the Yuletide’s three streaming contests (Cowboys-Commanders, Lions-Vikings and Broncos-Chiefs) not exactly crackling with compelling subplots or playoff implications despite their intra-divisional pairings.

Saturday’s couplet is a bit more compelling, Texans-Chargers a rematch from last season’s playoffs and potentially a preview of what goes down next month. The Green Bay Packers host the Baltimore Ravens in the night game – both squads residing on the edge of wild-card contention, Baltimore requiring a win to simply survive mathematically into Sunday.

Sunday afternoon isn’t exactly loaded with must-see football, either, though several teams will be jockeying for seeding or trying to stay alive. Cleveland Browns DE Myles Garrett could set the single-season sack record against the Pittsburgh Steelers, who could clinch the AFC North crown … unless the Ravens do that for them by losing Saturday. Eagles-Bills and Bears-49ers look good on paper, the latter – which is the ‘Sunday Night Football’ offering – bound to have significant impact on who gets the NFC’s No. 1 seed, which comes with a first-round bye and home-field advantage.

Yet, believe it or not, the most important game of Week 17 might be the one in Sin City, where the Las Vegas Raiders will host the New York Giants – they share a league-worst 2-13 record – in the game that could determine who picks atop the 2026 draft.

The recently revitalized Atlanta Falcons host the LA Rams on Monday.

How does the docket unfold? USA TODAY Sports’ panel of NFL experts weighs in with their picks:

(Odds provided by BetMGM)

Week 17 picks, predictions, odds

  • Cowboys at Commanders
  • Lions at Vikings
  • Broncos at Chiefs
  • Texans at Chargers
  • Ravens at Packers
  • Seahawks at Panthers
  • Jaguars at Colts
  • Saints at Titans
  • Cardinals at Bengals
  • Steelers at Browns
  • Patriots at Jets
  • Buccaneers at Dolphins
  • Giants at Raiders
  • Eagles at Bills
  • Bears at 49ers
  • Rams at Falcons
This post appeared first on USA TODAY

Christmas came early for Atlanta-based real estate developer and avid golfer Michael Barnouin, who was recently gifted back his stolen cowhide wallet that he bought in Montana.

The culprit – a gull scavenger with white feathered arms, webbed feet and thin beak – often roamed in bunches near Pebble Beach Golf Links, a public golf course at Pebble Beach Resort in Monterey, California.

Barnouin, 30, was playing there for the first time earlier this year on Aug. 7 after finishing a residential renovation project in nearby Carmel.

‘One of my favorite things about taking trips down to Carmel is just throughout Monterey County, you have some of the best golf courses in the in the country,’ Barnouin said. ‘You’ve got Pebble Beach (Golf Links), you have Spyglass Hill, you’ve got Spanish Bay. I personally like Carmel Valley Ranch.’

Pebble Beach Golf Links also happens to be where basketball Hall of Famer Dwyane Wade hit his first-ever hole in one. Barnouin would’ve never considered any threat to his belongings, certainly not a herring gull seabird commonly referred to as a seagull.

‘I’m playing really well. I was having a great round. Hole 7 is the kind of famous par three, you know that Dwyane Wade hit that hole in one,’ Barnouin said. ‘Hole 8, it’s a it’s a long par 4 and you’ve got to kind of lay up and then you have this Bay that that you have to kind of smack it onto the green for your second shot over.’

Barnouin took his swing and got the ball over the water and eventually finished the hole. As he’s setting up for the ninth hole, people he’s playing with tell him that a seagull is in his cart.

Golf is a sport that requires concentration. Silence during one’s swing is a display of sportsmanship, so naturally Barnouin was ‘kind of frustrated’ when they were talking during his backswing.

‘I don’t care about the seagull in my golf cart,’ he said. ‘It can take whatever it wants.’

Little did he know that it was making off with his cowhide wallet.

‘When I turn around to go back to my cart, I notice a seagull is standing on the seat and it’s got something in its mouth. It was my wallet,’ said Barnouin. ‘And so stupidly I start to chase it and I’ve got my driver in my hand. I start to chase the seagull and it kind of goes down the fairway.’

He added: ‘I don’t think seagulls are that stupid either because this thing kept looking back at me as if I knew that I was chasing it and it knew that I wanted what was in its mouth.’

As the seagull had his wallet locked in its beak, flying around the bay, others quickly began to swarm it, assuming it was food. Seconds later, it was dropped.

Barnouin and other golf mates searched for the wallet, but cold temperatures near the water made them stop and finish the round of golf. Barnouin said he ‘played terrible the next two holes’ before getting it together. He searched the next day at low tide but to no avail, assuming the tides washed it away.

‘Welcome home wallet’

Barnouin never thought he would see his wallet again. He canceled his credit and debit cards.

Months later, he received some mail at one of his properties in Carmel from someone named Erik Bueno.

Bueno is a retired Southern California real estate agent who has spent the decade traveling. He said he owns a couple of rentals in Carmel, and when one of them is empty, he’ll go and stay a while.

‘This particular trip, I stayed six weeks and while I’m there I walk a lot and I go look for golf balls sometimes at low tide,’ Bueno said. ‘I would say I found his wallet maybe around the 20th of October then mailed it out.’

Bueno, 68, wrote a letter that read ‘I found your wallet with AMEX and VISA cards. No cash. Do you want me to mail or trash them?’ and signed off with his name and number.

‘He contacted me and then I took the wallet and a Ziploc bag of golf balls to his buddy’s house,’ Bueno told USA TODAY Sports.

‘I always walk a lot and I always look for golf balls for a couple of reasons. One, it’s great exercise,’ Bueno said. ‘Number two, I want to get the golf balls out of the ocean because it pollutes the ocean. The balls will rub and scratch, the fish will eat the plastic.’

He’ll also donate the balls to junior golf because he said that it’s ‘kind of expensive to play Pebble Beach.’

‘It’s an amazing golf course. So everyone that plays there, they’re usually playing with like excellent golf balls. So I tend to find a lot of Titleist Pro V ones. And then I donate them to junior golf and they love it.’

Bueno found 1,200 golf balls in three days, he said. He knows where to search because it’s the same spot many people get hung up at. The same eighth hole that Barnouin chased the seagull around before his wallet was dropped.

‘It’s the second shot on No. 8 that everybody dumps into the ocean and I didn’t find his ball, but I found his wallet right there on the ocean,’ Bueno said. ‘I think I had mailed the driver’s license and that’s one of the things I thought he wanted the most.’

Bueno certainly could understand where Barnouin was coming from because nearly 25 years ago the same experience happened to him.

‘I played Pebble Beach many times, but about 20 to 25 years ago I was playing with my dad and a seagull came down, took my wallet out of my golf cart,’ Bueno said. ‘But it dropped it right next to the cart. He didn’t fly away with it. My story was not as fun as Michael’s dumping in the ocean. But yeah, my wallet got snagged also.’

Barnouin was ‘absolutely ecstatic’ to get his wallet back and said he plans to play at Pebble Beach again, but next time he’ll be sticking to Apple Wallet, instead.

However, this is a core memory for Barnouin.

‘I don’t know if I birdied the hole eight, but I certainly parred because I remember I was not that upset going into the hole nine, but I did not think I’d get a seagull on hole nine,’ Barnouin said. ‘People are looking for albatross as birdies. I’m the only guy who’s ever gotten ‘seagull’ on Pebble Beach.’

This post appeared first on USA TODAY

The 2025-26 college basketball season has started off with a bang for some, with some teams like Michigan, Arizona, Iowa State and plenty more asserting themselves as national championship candidates.

But not every team has had such a hot start, and there’s some real concern hovering around as conference play begins. Whether it was stumbling in a Feast Week tournament, losing high-caliber matchups or just looking discombobulated, all the preseason hype is out of the window. Those that had national title aspirations have turned into hoping to make the second weekend of the NCAA tournament, and those that felt like March Madness could have some success may be spending the rest of the regular season on the bubble.

There’s still plenty of time to change course, but which teams are in trouble? And how much should they be panicking? We’ll rank it from 1-5, with one being there’s no need to raise the alarm and five meaning the sky is falling.

Florida

It starts with the defending national champions, a team that has learned it may be tougher to keep the crown. Even with all the departures, the Gators had the look of a team that could make it back to the Final Four, but they haven’t been able to knock down shots. While close, they lost to all three ranked opponents they faced and dropped a Thanksgiving neutral site game to TCU. Even when it has beaten teams like Florida State, Miami and Providence, Florida didn’t look dominant.

Panic rating: 4. The Gators are in for some beatings if they can’t execute against the stiffer SEC competition. The recent emergence of Xaivian Lee has helped restore belief, but that will have to go around the rest of the team that can’t afford more off-nights. However, what doesn’t make it a doomsday scenario is the conference isn’t as top heavy as it was last season, and it’s anyone’s guess who can run the table.

St. John’s

So much for an encore for Rick Pitino, which has gone from starting the season at No. 6 to falling out of the USA TODAY Sports Coaches Poll. At 7-4, St John’s is another team that hasn’t been able to win the marquee games — an early loss to Alabama and a 1-2 showing in the Players Era Festival. Then there was the bad outing against a struggling Kentucky team that could have salvaged the nonconference slate. Guard play has been a major issue.

Panic rating: 5. The schedule was set for the Red Storm to stack some Quad 1 wins and it ends December with just one — and four losses. It will get easier in the Big East, but that’s the problem; there aren’t many opportunities to grab those precious victories while having to avoid those pesky Quad 2 and 3 losses. March likely is in the future, but the Red Storm really need to run through the Big East if they want to be considered a top four seed come Selection Sunday.

Kentucky

What a roller coaster it’s been in Lexington. Things got bad when Kentucky lost its fourth game to a ranked opponent, a complete blowout by Gonzaga that had Big Blue Nation booing its team to a dreadful 5-4 start. While it looked like a complete flop was in store, the Wildcats have calmed things down with a three-game win streak with victories over Indiana and St. John’s to have a 1-4 Quad 1 record.

Panic rating: 4. The win over St. John’s prevented this from being a five, giving optimism Kentucky can start clicking with Jayden Quaintance fully healed from injury. What helps is the SEC schedule is backloaded with a comfortable first three weeks to really find a rhythm. However, it has to take care of business early on, or it will be back in trouble once again when February starts, with a chance to be on the bubble.

UCLA

The Bruins were looking to jump up the Big Ten hierarchy with the addition of Donovan Dent, but it’s been a shaky start to the season. UCLA’s two big games against Arizona and Gonzaga ended in defeat and it fell completely flat against California. While it has nine wins, it hasn’t looked impressive in many of them with the patented Mick Cronin defense not looking sharp, resulting in close wins against even mid-majors.

Panic rating: 5. With a 1-4 Quad 1 record and no quality win against a projected tournament team, UCLA needs to tighten up and knock down those at the top of the Big Ten, which is easier said than done. The offense has been shooting the ball well, but it won’t matter if the defense doesn’t follow suit to put a complete game together. Not a great position teetering on the bubble.

Arkansas

John Calipari’s squad has shown flashes of greatness but hasn’t fully met the expectations just yet. Arkansas has held its own against top 10 teams in Michigan State, Duke and Houston, they just resulted in losses. It wasn’t all bad, with the Razorbacks getting a resounding win against Louisville and a strong second half against Texas Tech. It’s all come with freshman Darius Acuff Jr. playing exceptionally well.

Panic rating: 2. Despite a 2-3 Quad 1 start, there’s plenty to like about Arkansas’ chances when the calendar flips. The offense is more than capable of shooting teams out of the building and competing with elite squads. The Razorbacks don’t scream Final Four candidate, but they have the look of a team that can make it to the second weekend of the Big Dance again.

Alabama

Another year of Alabama having a premier offense that lights up the scoreboard; it just hasn’t been able to keep that up against great teams. The Crimson Tide had one of the most difficult starts and navigated it well with wins over St. John’s and Illinois with a loss to Purdue in between, but it looked really bad in the big matchups since with blowout losses to Gonzaga and Arizona.

Panic rating: 1. Despite the really bad outings in the losses, Alabama looks like it can really take command of the SEC. The Quad 1 opportunities left look more than manageable to build the resume, and the Crimson Tide have a great shot of not having any bad marks to hurt its chances of being able to play close to home in the tournament.

Illinois

After starting the season 4-0, Illinois has had some bumps against some ranked competition and has gone 4-3 since. The losses came against Alabama, Connecticut and upstart Nebraska. Brad Underwood’s team has victories against Texas Tech and Tennessee. 

Panic rating: 2. The mixed results recently have come with some major wins, and it really hinges on how Illinois does defensively. It’s a tough night when it can’t contain opponents, but it hasn’t been a glaring issue, rather coming in small waves. Illinois appears to have a good grip on itself and set itself up for a strong January. 

Tennessee

Just like Kentucky, times were tough when the Volunteers went on a three-game skid. What was confusing was it came off a tremendous win against Houston, as it was followed with a loss to Kansas, a really bad result at Syracuse and then a defeat from Illinois. It was salvaged when Tennessee dominated at home against Louisville.

Panic rating: 3. There should be some concern for the Volunteers cause it’s been exposed. It’s been heavily reliant on Ja’Kobi Gillespie and Nate Ament, and if the guards aren’t executing, the rest of the offense gets lost. The veteran Gillespie and five-star freshman Ament should find a consistent flow with more games together, but you can’t fully trust it yet.

Auburn

It was going to be impossible to replicate the success of last season, especially with Bruce Pearl leaving the program to his son, Steven. It didn’t help scheduling four teams that have or had a case to be No. 1 this season. The Tigers nearly beat Houston in November, but have looked bad against other premier teams in Michigan, Arizona and Purdue, losing to those three by an average of 29 points. A win over St. John’s in Las Vegas is the only good win on the resume, as victories against NC State and Oregon lost some luster.

Panic rating: 5. The recent losses have taken a ton of hope of what Steven Pearl could do in his first season in charge. Yes, the schedule was extremely difficult, but the Tigers looking non-competitive in most of those matchups is a troubling sign. To add insult to injury, leader Tahaad Pettiford was injured against Purdue, now his health is a big concern. Auburn is No. 43 in the NET rankings, a dangerous spot for a team that likely will be fighting for an at-large consideration.

NC State

The hype of Will Wade’s arrival to Raleigh has died down with NC State’s rather ordinary start to the season. It’s 5-4 since starting the season with four straight wins, and they have some bad outings against Texas and Seton Hall in Maui. The losses to Auburn and Kansas make sense, but the best win so far is against Boise State, and the Wolfpack have a 3-4 record against Quad 1 and 2 opponents.

Panic rating: 4. Wade will gladly tell you himself this rating should be a five after his ‘kindergarten’s over’ rant he laid out on his team, but it’s not to that level just yet. However, it can soon get there. While it doesn’t really own any impressive wins, there are prime chances in ACC play that NC State should be able to take. But if NC State doesn’t start with at least six or seven conference wins by the end of January, it will be in real trouble and be on the bubble.

This post appeared first on USA TODAY

In a sign of the times, the Bears received a commitment from James Nnaji, a 7-foot center from Nigeria who was selected in the 2023 NBA Draft. The 21-year-old will be eligible to play immediately for Scott Drew and will have four years of eligibility remaining, a Baylor spokesperson confirmed to USA TODAY Sports. The Bears is 9-2 this season.

He was the 31st overall pick — first in the second round — in the 2023 draft by the Detroit Pistons, who was then traded him to the Charlotte Hornets. In September 2024, his rights were traded to the New York Knicks as part of the blockbuster deal that sent Karl-Anthony Towns to the Knicks.

Despite getting drafted, Nnaji never played in an NBA regular-season game, only playing for the Hornets in the 2023 Summer Classic and the Knicks’ 2025 Summer League team. For New York, he averaged 3.2 points and 3.6 rebounds in five games. He has been playing professionally in Spain for FC Barcelona. He and the team parted ways in August.

It’s certainly unusual to see an NBA draft pick play college basketball, but it’s the latest sign of the line of amateurism being blurred. With name, image and likeness running wild in college sports, the NCAA has changed eligibility guidelines to where athletes who have played professionally have been able to play collegiately.

It’s typically been done with international players, but it’s leaked to those who have played in the NBA G League, which has drawn the ire of coaches across the country.

Reactions to James Nnaji joining Baylor

As news of Nnaji’s commitment to Baylor spread on Dec. 24, it drew some pretty strong responses as people feel it’s ridiculous for a former NBA draft pick to join a college basketball team in the middle of the season.

Notable reactions include Connecticut coach Dan Hurley, who had a slight NSFW response. It’s also left some people confused as to what happens if Nnaji wants to play professionally, if he can get drafted again or would he still have his professional rights owned by the Knicks.

This post appeared first on USA TODAY