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Apple sued by shareholders who allege it overstated AI progress

Editor's pick 2 Mins Read

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price.

The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest.

Apple did not immediately respond to requests for comment.

CEO Tim Cook, Chief Financial Officer Kevan Parekh and former CFO Luca Maestri are also defendants in the lawsuit filed in San Francisco federal court.

Shareholders led by Eric Tucker said that at its June 2024 Worldwide Developers Conference, Apple led them to believe AI would be a key driver of iPhone 16 devices, when it launched Apple Intelligence to make Siri more powerful and user-friendly. But they said the Cupertino, California-based company lacked a functional prototype of AI-based Siri features and could not reasonably believe the features would ever be ready for iPhone 16s.

Shareholders said the truth began to emerge on March 7 when Apple delayed some Siri upgrades to 2026 and continued through this year’s Worldwide Developers Conference on June 9 when Apple’s assessment of its AI progress disappointed analysts.

Apple shares have lost nearly one-fourth of their value since their Dec. 26, 2024 ,record high, wiping out approximately $900 billion of market value.

This post appeared first on NBC NEWS

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Stock

US Strikes Iran: What Comes Next For Stocks?

Stock 1 Min Read

In today’s “Weekly Market Recap”, EarningsBeats.com’s Chief Market Strategist Tom Bowley looks ahead to determine the likely path for U.S. equities after the weekend bombing of Iran nuclear sites. Are crude prices heading higher? Will energy stocks outperform? What additional roadblocks might we have to negotiate after the latest Fed meeting and policy statement? Could we see fallout from June monthly options expiring on Friday? Check it all out in the video below….

Happy trading!

Tom

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Stock

Lagging Mid-cap ETF Hits Moment of Truth

Stock 3 Mins Read

The S&P MidCap 400 SPDR (MDY) is trading at a moment of truth as its 5-day SMA returns to the 200-day SMA. A bearish trend signal triggered in early March. Despite a strong bounce from early April to mid May, this signal remains in force because it has yet to be proven otherwise. Today’s report will show how to quantify signals and reduce whipsaws using the percentage difference between two SMAs.

First note that MDY is lagging SPY and QQQ because its 5-day has yet to cross above its 200-day. The latter two saw bullish crosses in mid May, over a month ago. A bullish breakout in MDY would reflect broadening upside participation, which would be bullish for stocks. The PerfChart below shows SPY and QQQ with year-to-date gains. MDY and IWM are down year-to-date. 

 

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TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and get full access to our research.

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The chart below shows MDY hitting its moment of truth as the 5-day SMA (black line) bumps against the underside of the 200-day SMA (blue line). A bearish cross occurred in late February and this signal has yet to be reversed. However, I am not watching for a simple 5/200 cross. Instead, I want to see the 5-day SMA clear the 200-day SMA by a certain percentage. This is a signal threshold.

The indicator window shows Percent above MA (5,200,1), which measures the percentage difference between the 5 and 200 day SMAs. See the TIP Indicator Edge Plugin for details. I placed signal thresholds at +3% and -3% to reduce whipsaws. A bullish signal triggers with a move above +3% and a bearish signal triggers with a move below -3%. At the very least, this indicator value is still negative and bearish. A move above 0 would reflect a positive 5/200 cross, while a move above +3% would trigger a bullish trend signal. This indicator is part of the TIP Indicator Edge Plugin for StockCharts ACP.

The signal threshold levels depend on your personal preferences and trading styles. Tighter thresholds generate earlier signals, but with more whipsaws. Wider thresholds reduce whipsaws, but increase signal lag. This is always the tradeoff. I prefer plus/minus 1 percent when using the 5/200 cross for SPY. I widened these thresholds to plus/minus 3 percent for MDY because it is more volatile.

TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and gain immediate access. 

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Investing

Thick zones of HM mineralisation observed across Douala HM Project

Investing 3 Mins Read

DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”) is pleased to announce the initial visual estimations from the reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. Desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences, were used to define initial, high priority targets for ground- truthing. The reconnaissance programme, which consisted of hand auger and channel sampling, was successful in identifying high estimated concentrations of heavy mineral (HM) mineralisation across all the six tenements that make up the project. Additionally, the Company’s consultants have observed the presence of natural rutile grains within panned concentrates.

HIGHLIGHTS

  • The Company’s reconnaissance auger and channel sampling programme has been completed at the Douala Basin HMS Project
  • Reconnaissance sampling undertaken across the 6 Douala Basin tenements has identified thick zones of high estimated concentrations of heavy minerals (HM) as well as natural rutile
  • Work at the Douala Basin Project followed up on historical HM occurrences identified by previous Eramet drilling, as well as priority areas identified through the Company’s internal reviews
  • Samples collected from the reconnaissance program are due to be submitted for laboratory analysis in the coming weeks, with results expected in the September quarter
  • At Douala Basin, exploration will transition to a detailed campaign of auger drilling

Samples collected from this initial exploration programme are currently being prepped for dispatch to the Company’s laboratory for analysis in South Africa, with results expected in the September quarter.

Technical Consultant, Cliff Fitzhenry, commented:“While the Company’s primary focus is on the Central Rutile Project, where we have recently reported the presence of wide-spread residual natural rutile mineralisation, we believe that the Douala Basin HMS project has significant potential. The reconnaissance programme has over the last few weeks demonstrated the potential of the area, with the identification of high concentrations of visible heavy mineral sands across the project tenements through a mixture of auger, channel, and soil sampling work. Pleasingly, we have also observed natural rutile grains at Douala Basin.

We look forward to the assay results of the reconnaissance programme in the coming months.”

Reconnaissance exploration at the Douala Basin HMS Project

As announced on 5 June 2025, the Company commenced reconnaissance auger and grab sampling programmes at the Central Rutile and Douala Basin HMS projects, Cameroon. At the Douala Basin project, the Company has completed 12 hand auger drill holes (refer Figure 1), collecting 53 samples in the process, as well as collected 38 channel samples from 11 surfaces for analysis (refer Tables 1 & 2).

Cautionary Statement:

The Company cautions that, with respect to any visual mineralisation indicators, visual observations and estimates of mineral abundance are uncertain in nature and should not be taken as a substitute or proxy for appropriate laboratory analysis. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Assay results from the drilling and sampling programmes will be required to understand the grade and extent of mineralisation. Initial assay results are expected in August 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

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Investing

Canada Makes Tech Leadership Moves: Axl Launches, Carney Shares Priorities at G7 Summit

Investing 5 Mins Read

Canada’s tech sector saw momentum this week, with announcements spanning venture capital and quantum computing, as well as global policy leadership news out of the G7 summit.

Axl on a mission to retain Canadian innovation

On Tuesday (June 17), Axl, a newly founded Canadian venture studio, announced plans to help launch 50 artificial intelligence (AI) companies in Canada over the next five years, supported by a C$15 million fund led by co-founder Daniel Wigdor, a computer science professor at the University of Toronto.

The venture’s other founders are Tovi Grossman, another University of Toronto professor, entrepreneur Ray Sharma and former Telus (TSX:T,NYSE:TU) executive David Sharma. Mining magnate Rob McEwen of McEwen Mining (TSX:MUX,NYSE:MUX) and Smart Technologies co-founder David Martin are also investors.

According to Wigdor, Axl will tackle practical business problems and connect them with promising academic research in a bid to keep Canadian innovation at home. “The social contract academics believe we have with society is that we invent these technologies and inspire people,” he told the Globe and Mail on Tuesday. “The tragedy is that the foundational technologies we’re inventing in Canada are not accruing capital for Canada.’

Wigdor pointed to his own career as a cautionary tale, explaining that the iPhone’s multi-touch interface was presaged by research he conducted in the early 2000s for his University of Toronto thesis, which itself built on concepts pioneered by University of Toronto professor Bill Buxton in the 1980s.

Other University of Toronto AI breakthroughs fueled the international rise of figures like Geoffrey Hinton, OpenAI co-founder Ilya Sutskever and xAI’s Jimmy Ba, all of whom took their expertise to US-based companies.

Carney talks tech leadership at G7 summit

Initiatives like Axl’s signal a proactive approach to Canada’s challenge of retaining tech talent and capitalizing on its world-class research; however, its success will hinge on broader public support.

Prime Minister Mark Carney has signaled that fostering tech innovation at home is a priority. He told G7 leaders that driving the digital transition, led by AI and quantum computing, would be one of his top goals at the summit.

Quantum technology was reportedly discussed at length during the two day meeting, which took place in Kananaskis, Alberta. In addition, a joint statement from members released by the prime minister’s office indicates that Canada will launch the G7 GovAI Grand Challenge and host a series of Rapid Solution Labs “to develop innovative and scalable solutions to the barriers we face in adopting AI in the public sector.”

That emphasis echoes longstanding concerns from the research community.

A 2024 letter acquired by the Logic and sent to then-innovation minister François-Philippe Champagne by the Quantum Advisory Council cites the significant sums that other countries have invested in quantum technology.

“The cost of inaction is tremendous,” the group wrote at the time, pointing to Canada’s history of “inventing core technologies,” but letting other countries “grow industries around our inventions.”

The council proposed a C$1 billion program that would mirror the Quantum Benchmarking Initiative (QBI), which fosters domestic quantum computing in the US. The QBI has selected 18 companies for its first phase, including three from Canada; firms that demonstrate the ability to build a functional quantum computer by 2033 will be eligible to receive up to US$316 million, making it a potential “kingmaker” program.

The second phase of the program is set to launch in August 2025. While no relocation demands have been made, concerns exist that later-stage QBI terms could force Canadian winners to the US.

The Quantum Advisory Council said its proposed program would be run by the National Research Council, which would independently assess firms to accelerate the development of competitive domestic quantum companies.

It would build on a C$360 million national quantum strategy announced in April 2021.

The council’s recommendations include increased grants for scientific and social science research into quantum technologies, and a new federal clusters program to foster regional quantum ecosystems encompassing research, development and training, alongside ethical and secure use. It also calls for significant investment in quantum-safe software certification and the development of other security systems.

In a speech at the Quantum Now conference in Montreal on Thursday (June 19), Canada’s AI minister, Evan Solomon, emphasized the need to protect Canada’s talent pipeline. “We cannot allow short-term funding opportunities to hollow out our domestic capabilities or transfer generations of Canadian innovation outside our borders,” he said.

Earlier this month, the minister said he would move away from “over-indexing on warnings and regulation” and instead focus on finding ways to unleash the economic potential of AI. The ongoing collaboration between government initiatives and private ventures will be key to unlocking Canada’s full potential in the new digital era.

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

This post appeared first on investingnews.com

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Investing

Blue Lagoon Secures $2 Million Line of Credit from Nicola Mining Enhancing Financial Flexibility Ahead of Production

Investing 6 Mins Read

(TheNewswire)

June 23, 2025 TheNewswire – Vancouver, British Columbia Blue Lagoon Resources Inc. (the ‘ Company ‘) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has entered into a credit agreement with its toll milling partner, Nicola Mining Inc . providing the Company with a $2 million line of credit without any security against the Company’s mineral property or physical assets.

The facility, which carries a competitive interest rate linked to the 3-month SOFR (Secured Overnight Financing Rate), is repayable over a 12-month term with interest-only payments during the first eleven months. At the Company’s discretion, the loan can be extended for an additional 12 months, with adjusted terms.

Importantly, the loan is structured to allow maximum operational flexibility , with no requirement for project collateralization — underscoring Nicola’s confidence in the Dome Mountain Gold Project and its near-term production trajectory.

‘We’re extremely pleased to have the continued support of Nicola Mining, not only as our toll milling partner but also as a continued financial backer,’ said Rana Vig , President and CEO of Blue Lagoon. ‘This line of credit adds an extra layer of security to our already strong balance sheet and gives us added flexibility as we finalize preparations for gold production this summer. It’s a clear sign that sophisticated investors recognize the value of Dome Mountain and its cash flow potential.’

This agreement comes on the heels of Blue Lagoon’s recently completed financing, which was fully subscribed by long time existing shareholders that included Crescat Capital and Phoenix Gold fund as well as new strategic investors. The Company remains fully funded , with no short-term debt and over $3.6 million in in-the-money warrants , positioning it strongly as it enters the final phase of development.

While the Company may ultimately never need to draw on this facility, having access to it provides an important financial backstop. It ensures capital is available if needed to support production ramp-up, seize opportunity, or manage any unforeseen short-term needs – all without causing further dilution to existing shareholders.

Peter Espig , President and CEO of Nicola Mining, commented: ‘We’ve worked closely with the Blue Lagoon team for some time and continue to be impressed by their methodical and disciplined approach. Successfully navigating B.C.’s rigorous permitting process, while also building a strong, trust-based relationship with the Lake Babine Nation, speaks volumes about their leadership. We are pleased to provide this credit facility and look forward to supporting their transition to gold and silver production.’

If the Company chooses to access this facility, Nicola Mining will maintain a short-term security interest over the Company’s gold and silver production from the Dome Mountain Gold Project until the loan is repaid in full.

About Blue Lagoon Resources Inc.

Blue Lagoon Resources is a Canadian based publicly listed mining company (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) focused on building shareholder value through the aggressive development of its 100% owned Dome Mountain Gold project. The Company is run by professionals with significant finance and mining experience and operates within a prime mining jurisdiction in British Columbia, Canada. With the granting of a full mining permit, a key milestone achieved in February 2025 – one of only nine such permits issued in British Columbia since 2015 – Blue Lagoon is now focused on last preparatory activities and tasks related to the safe and secure opening of the Dome Mountain Gold Mine, targeting Q3 2025 as the start of gold production . The Company’s primary objective has always been to become a cash-flowing mining company, to ultimately deliver tangible monetary value to shareholders, state, and local communities.

The Company is not basing its production decision at Dome Mountain on a feasibility study of mineral reserves demonstrating economic and technical viability. The production decision is based on having existing mining infrastructure, past bulk sampling and processing activity, and the established mineral resource.  The Company understands that there is increased uncertainty, and consequently a higher risk of failure, when production is undertaken in advance of a feasibility study.

For further information, please contact:

Rana Vig

President and CEO

Telephone: 604-218-4766

Email: ranavig@bluelagoonresources.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Blue Lagoon Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘targets’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’, ‘mine’, ‘production’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to

differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of gold and silver prices, delays in mine development activities, future cash flow expectations and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions.  Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management, contractors and consultants on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s, contractor’s and consultants’ beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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SGA doubles up, wins NBA Finals MVP after capturing regular-season award

Sport 4 Mins Read

Shai Gilgeous-Alexander, the Oklahoma City Thunder star, is commonly referred to by initials, SGA. You can also call him MVP – not only of the 2024-25 regular season but now of the 2025 NBA Finals, too.

A fluid, 6-foot-6 guard, Gilgeous-Alexander became the first Canadian to win the Bill Russell NBA Finals Most Valuable Player award after leading the Thunder past the Indiana Pacers for the franchise’s first NBA title since moving to Oklahoma City in 2008. Gilgeous-Alexander scored 29 points and added a playoff career-high 12 assists and five rebounds in the Thunder’s 103-91 win in Game 7 on Sunday, June 22.

Wearing Classic 6 Stitch Braids and a look of utter confidence, Gilgeous-Alexander, 26, was unmistakable and almost unstoppable during the series.

‘So much weight off my shoulders. So much stress relieved,’ Gilgeous-Alexander said. ‘No matter what, you go into every night wanting to win. Sometimes it just doesn’t go your way. … So proud of this group. Wouldn’t want to do it with any other group in the world. Feels good to be a champion.’

WINNER: Celebrate Thunder’s NBA title with gear, books, exclusive keepsakes

GAME 7 RECAP: Highlights from Thunder’s win over Pacers

Gilgeous-Alexander averaged 30.3 points, 5.6 assists, 4.6 rebounds and 1.9 steals and shot 44.3% from the field in the Finals. That made him the clear pick for Finals MVP honors, and he put his name in elite company.

Gilgeous-Alexander became just the third player in NBA history and the first since 2000 to win league MVP, Finals MVP and the scoring title in the same season, joining legends Michael Jordan, who accomplished the feat four times (1990-91, ’91-92, ’95-96, ’97-98), Kareem Abdul-Jabbar (1970-71) and Shaquille O’Neal (1999-2000).

He became the 11th player in NBA history to win the league MVP and Finals MVP in the same season, joining Willis Reed (1969-70), Kareem Abdul-Jabbar (1970-71), Moses Malone (1982-83), Larry Bird (1983-84, 1985-86), Magic Johnson (1986-87), Michael Jordan (1990-91, 1991-92, 1995-96, 1997-98), Hakeem Olajuwon (1993-94), Shaquille O’Neal (1999-00), Tim Duncan (2002-03) and LeBron James (2011-12, 2012-13).

Celebrate With Championship Prints

‘it’s hard to believe that I’m part of that group. It’s hard to even fathom that I’m that type of basketball player sometimes,’ Gilgeous-Alexander said. ‘As a kid, you dream. Every kid dreams. But you don’t ever really know if it’s going to come true. I’m just glad and happy that my dreams have been able to come true. That’s a ‘thank you’ to everyone that’s been in my corner that helped me get there. Wouldn’t have been able to get here without them. They know who they are. It’s a win for the family.’

MOST VALUABLE: Shai Gilgeous-Alexander wins first NBA MVP award

The road to MVP status began in 2018. Gilgeous-Alexander was drafted 11th overall by the Charlotte Hornets and traded that same night to the Los Angeles Clippers. After making the All-Rookie Second Team, he traded to Oklahoma City, and that’s where he blossomed.

This season, his seventh in the league, Gilgeous-Alexander has gone from very good to great. He led the league in scoring with 32.7 points per game and total points (2,484), made his third All-Star Game and was named to the All-NBA First Team for the third time.

He scored at least 30 points in 15 of 23 playoff games, including 40 against Minnesota in the Western Conference finals and four games with 30 or more in the Finals.

‘All the achievements and accolades and things, they don’t even come close to the satisfaction of winning with your brothers and people that you are so close to and want to succeed just as much as you want yourself to succeed,’ Gilgeous-Alexander said. ‘That’s been the most impressive and fun part of it, just to know that I have 15 brothers that I just experienced a once-in-a-lifetime experience with. I’ll never forget them, they’ll never forget me.’

The USA TODAY app gets you to the heart of the news — fast.  Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

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Sport

Watch Tyrese Haliburton greet teammates after Pacers’ Game 7 loss

Sport 1 Min Read

Tyrese Haliburton and the Indiana Pacers fell short of their quest for an NBA championship after losing Game 7 of the NBA Finals against the Oklahoma City Thunder.

Haliburton did not return to the bench after the injury but did watch the rest of the game in the locker room. The Pacers’ star was seen on crutches after the conclusion of the game, greeting his teammates as they made their way back to the locker room.

This post appeared first on USA TODAY

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Report: Tyrese Haliburton injured Achilles in NBA Finals Game 7

Sport 3 Mins Read
  • Indiana Pacers star Tyrese Haliburton suffered an Achilles injury in Game 7 of the 2025 NBA Finals, according to his father.
  • Haliburton’s dad, John Haliburton, told ESPN that the injury will sideline him for the remainder of Game 7 vs. the Oklahoma City Thunder.

Clarity is coming after Tyrese Haliburton suffered what appeared to be an excruciating injury in Game 7 of the 2025 NBA Finals.

John Haliburton, the father of the Indiana Pacers star, told ESPN his son suffered an Achilles injury in the first quarter of the winner-take-all game against the Thunder on Sunday, June 22, in Oklahoma City.

‘What happened with Tyrese, all of our hearts dropped,’ Pacers coach Rick Carlisle said. ‘He will be back. I don’t have any medical information about what may or may not have happened, but he’ll be back in time, and I believe he’ll make a full recovery.’

Tyrese Haliburton’s Achilles injury update

Haliburton showed signs of visible pain and frustration while he was down on the court with 5:02 left in the quarter. He went down after catching a pass from Obi Toppin and attempting to make a move with the ball past Shai Gilgeous-Alexander.

‘Mr. Haliburton confirmed that it is an Achilles injury,’ sideline reporter Lisa Salters said on the ESPN broadcast. ‘He said Tyrese was doing as well as he can be under the circumstances. He says the entire family was back (in the locker room) with him, his mom, his dad, his brother.

Haliburton suffered a right calf injury in Game 5 of the best-of-seven series and was questionable for Game 6 but managed to play in the game. Haliburton was deemed healthy enough to play in Game 7.

After suffering the injury, Haliburton was seen being embraced by teammates on the court before he was helped back to the locker room with a towel over his head. He did not return to the game.

The Pacers rallied in the first half and led the Thunder 48-47 at the break. Haliburton had nine points in seven minutes of play in the first quarter.

‘He says that he seems to be in good spirits,’ Salters said on the broadcast. ‘He’s watching the game, and he’s trying to root on his team from back in the locker room.’

The Pacers couldn’t overcome the loss of Haliburton and struggled to take advantage of their halftime lead in the second half, eventually losing Game 7 to the Thunder 103-91.

This post appeared first on USA TODAY

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Sport

Thunder wins NBA championship: Highlights from victory over Pacers

Sport 14 Mins Read

The Oklahoma City Thunder started the season with a victory and ended the season with a victory.

The Thunder capped a dominant season with a 103-91 triumph against the Indiana Pacers in Game 7 of the NBA Finals on Sunday, giving the franchise its first NBA championship since relocating to Oklahoma City from Seattle in 2008.

It was not easy for the Thunder even with the Pacers missing star guard Tyrese Haliburton who left the game with 4:55 left in the first quarter due to a lower right leg injury.

The Pacers’ resilience makes an opponent earn each victory, and the Thunder were challenged in the series more than they had been in the Western Conference playoffs.

The Thunder pulled away in the third and fourth quarters – carried by stars and depth that produced the best defensive team and No. 3 offensive team this season.

Shai Gilgeous-Alexander delivered 29 points, 12 assists, five rebounds, two blocks and one steal and became the first player since LeBron James in 2013 to win a title, regular-season MVP and Finals MVP in the same season.

All-Star Jalen Williams scored 20 points, and Chet Holmgren added 18 points, eight rebounds and five blocks. Off the bench, Alex Caruso and Cason Wallace each had 10 points and three steals.

The Thunder won a league-best 68 regular-season games and 16 playoff games, becoming the third team in NBA history to win at least 84 games and capture the title in the same season.

In this mini-era of NBA parity – Oklahoma City is the seventh different champion in the past seven seasons – the Thunder are set up roster-wise to compete for multiple championship. They are also the second-youngest team to win a title in the past 50 seasons.

While the Thunder celebrated, a deflating pall hung over the Pacers’ loss. Haliburton, who suffered a right calf strain in Game 5 and played through it in Game 6, sustained the injury with 5:02 remaining in the first quarter trying to drive by Gilgeous-Alexander. He left the game when Indiana called timeout seconds later.

The Pacers’ mental and physical strength powered them to a 48-47 halftime lead, and the score was 56-56 with 8:32 left in the third quarter. But Haliburton’s absence was too much to overcome. Oklahoma City outscored Indiana 25-12 in the final 8:16 of the third for an 81-68 lead headed into the final quarter and pushed its advantage to 90-68 with 7:41 left in the fourth.

The Pacers’ 23 turnovers led to 32 Thunder points. Too many possessions without a shot attempt proved detrimental for Indiana.

Bennedict Mathurin led the Pacers with 24 points and 13 rebounds, and T.J. McConnell and Pascal Siakam each scored 16 points.

Celebrate Thunder’s NBA title with gear, books, keepsakes

NBA Finals Game 7 final score

  • Indiana Pacers — 91
  • Oklahoma City Thunder — 103

NBA Finals MVP: Shai Gilgeous-Alexander

Shai Gilgeous-Alexander, the Oklahoma City Thunder star, is commonly referred to by initials, SGA. You can also call him MVP – not only of the 2024-25 regular season but now of the 2025 NBA Finals, too.

Gilgeous-Alexander became the first Canadian to win the Bill Russell NBA Finals Most Valuable Player award after scoring 29 points and adding 12 assists and five rebounds in the Thunder’s 103-91 win in Game 7.

Gilgeous-Alexander averaged 30.3 points, 5.6 assists, 4.6 rebounds and 1.9 steals and shot 44.3% from the field in the Finals. That made him the clear pick for Finals MVP honors, and he put his name in elite company.

Gilgeous-Alexander became the 11th player in NBA history to win the league MVP and Finals MVP in the same season, joining Willis Reed (1969-70), Kareem Abdul-Jabbar (1970-71), Moses Malone (1982-83), Larry Bird (1983-84, 1985-86), Magic Johnson (1986-87), Michael Jordan (1990-91, 1991-92, 1995-96, 1997-98), Hakeem Olajuwon (1993-94), Shaquille O’Neal (1999-00), Tim Duncan (2002-03) and LeBron James (2011-12, 2012-13). — Josh Peter

NBA Finals score: Two minutes to play

Two free throws by Shai Gilgeous-Alexander has extended the Thunder lead to 98-86 with 1:51 remaining in the game.

Pacers staging late rally

After falling behind by 21 points, Indiana has proceeded on a 11-2 run that has made things slightly interesting in OKC.

The Pacers’ Bennedict Mathurin drove for a layup to cut Indiana’s deficit to 12 points at 91-79. The Thunder have called timeout with 4:45 remaining to go.

NBA Finals Game 7 score: Thunder opening things up

OKC has started the fourth and final quarter of this NBA season on an 8-0 run, the last three coming on a Jalen Williams 3-pointer. The Thunder now lead 89-68, opening up a 21-point lead with just 8:27 remaining.

End Q3: Thunder 81, Pacers 68

If the Indiana Pacers cannot hold onto the ball, they will lose the NBA Finals.

Already without star point guard Tyrese Haliburton, sidelined with an Achilles injury, Indiana’s inability to get quality possessions allowed the Thunder to open a 13-point lead – their largest of the game – headed into the final quarter of the NBA season.

The Thunder are harassing Pacers guards and using active hands to deflect and force errant passes. In the first four-and-a-half minutes of the third, the Pacers committed four turnovers. In the third, they committed eight. Overall, they have given it away 17 times.

Oklahoma City has turned those turnovers into a massive advantage; the Thunder are leading the battle in points off turnovers by a margin of 27-5.

Oklahoma City has four players in double figures, with Shai Gilgeous-Alexander leading all players with 22 points and 10 assists.

Backup Pacers point guard T.J. McConnell, once again, had a massive third quarter, scoring 12 points in the period, to give him a team-high 16. In fact, McConnell scored the final 12 Pacers points of the period.

Tyrese Haliburton injury: Dad calls it ‘an Achilles injury’

John Haliburton, the father of Tyrese Haliburton, told reporter Lisa Salters that the Pacers star suffered an ‘Achilles injury’ during the first quarter of Game 7.

‘He said that Tyrese is doing as well as he can be under the circumstances and the entire family was back there with him. …’ Salters said. ‘He says that (Tyrese) is in good spirits and he is watching the game and he is trying to root on his team from back in the locker room.’

How to watch Pacers vs Thunder in NBA Finals Game 7

  • Time: 8 p.m. ET (7 p.m. CT)
  • Location: Paycom Center (Oklahoma City)
  • TV: ABC
  • Stream: Fubo, Sling TV

Q2: Pacers 48, Thunder 47

The Indiana Pacers are showing some resilience without Tyrese Haliburton.

Despite Haliburton suffering a non-contact, right lower leg injury in the first quarter that knocked him out of the game, the Pacers, thanks to their depth and balance, are have taken a one-point lead into halftime after outscoring Oklahoma City by four in the period.

The Pacers have embraced a swarming defense, high energy and off-ball movement on offense to make up for Haliburton’s absence. Eight different Pacers have scored, with four of them having at least eight points. Forward Pascal Siakam leads all Indiana players with 10 points.

The 3-point shot is keeping Indiana in this game; the Pacers shot 8-of-16 from deep, while Oklahoma City – as it has for most of the Finals – struggled from deep, hitting just 4-of-18 (22.2%) of its looks from 3-point range.

For the Thunder, NBA MVP Shai Gilgeous-Alexander is leading the way with 16 points, though his most important contribution thus far may be his shot creation for his teammates; SGA dished out seven assists.

Oklahoma City has worked the ball into paint and is outscoring Indiana down low by a margin of 20-12. The Thunder have also forced Indiana into nine turnovers.

End Q1: Thunder 25, Pacers 22

A shadow, unfortunately, hung over the first quarter of Game 7 of the NBA Finals.

The Thunder took a three-point lead in what was a back-and-forth period, but that will be overshadowed by an apparent serious right leg injury to star Pacers point guard Tyrese Haliburton.

With 5:02 in the period, when trying to blow past Thunder guard Shai Gilgeous-Alexander, Haliburton tumbled to the floor with a non-contact injury. Haliburton immediately slapped the floor in pain and discomfort, expression obvious emotion, appearing to shout “no” repeatedly.

After trainers spent several minutes tending to him, Haliburton was eventually helped off the floor and into the locker room with a towel draped over his head.

Haliburton had been aggressive with his shot, scoring 9 points on 3-of-5 shooting, with all makes coming from 3-point range.

Despite Haliburton going down, the Pacers were able to stabilize, inserting backup guard T.J. McConnell into the game.

The Pacers are shooting 38.1%, while Oklahoma City is shooting 50%.

Backup guard Alex Caruso came into the game and hit a pair of quick 3s to chip in 6 points, while Gilgeous-Alexander leads the Thunder with 8 points on 3-of-6 shooting.

Tyrese Haliburton injury

Pacers star guard Tyrese Haliburton went down with a scary injury with 5:02 left in the first quarter. Haliburton slipped with 5:02 on the clock after catching a pass from Obi Toppin and trying to drive by Shai Gilgeous-Alexander. He was emotional, pounding on the court as his teammates circled around him.

Oklahoma City Thunder vs Indiana Pacers timeline

With everything on the line, both teams came out with energy and intent.

But it was the visiting Indiana Pacers who took the early lead at the first media timeout.

The Pacers are up 14-10 through the first five minutes of action, with Indiana shooting a blistering 66.7% from beyond the arc. Star point guard Tyrese Haliburton was aggressive with his shot, particularly the 3, hitting 3-of-4 attempts from deep.

Haliburton leads all players with 9 points.

The Thunder are shooting 57.1% from the floor, with Shai Gilgeous-Alexander leading the way with 6 points. 

NBA Finals national anthem

Emmy and Tony Award-winning actress and Oklahoma native Kristin Chenoweth (aka Glinda from the musical ‘Wicked’) gave a rousing rendition of ‘The Star-Spangled Banner’ before the start of Game 7.

What time is Pacers vs Thunder game today?

The Oklahoma City Thunder host the Indiana Pacers in Game 7 of the NBA Finals at 8 p.m. ET (7 p.m. local) at the Paycom Center in Oklahoma City.

Watch the NBA Finals with Fubo

Where is Game 7 between the Pacers and Thunder?

The Oklahoma City Thunder host the Indiana Pacers in a decisive Game 7 of the NBA Finals at Paycom Center in Oklahoma City.

Pacers vs. Thunder Game 7 starting lineups

Indiana Pacers

  • Aaron Nesmith
  • Pascal Siakam
  • Myles Turner
  • Andrew Nembhard
  • Tyrese Haliburton

Oklahoma City Thunder

  • Jalen Williams
  • Chet Holmgren
  • Isaiah Hartenstein
  • Lu Dort
  • Shai Gilgeous-Alexander

Thunder already have NBA championship buses; Pacers coach not happy

Oklahoma City Thunder officials are certainly confident of a Game 7 win over the Indiana Pacers in the NBA Finals. Buses were seen at the Paycom Center, primed and painted and ready for a victory parade, with the words 2025 NBA Champions on them before Sunday’s winner-take-all game against the Indiana Pacers.

Word of the colorfully painted buses got around to Pacers head coach Rick Carlisle, who no doubt will use that as motivation to ruin any championship plans by the Thunder.

“I just saw a video that’s probably going to go viral of some buses, open-top buses, presumably for the parade that are already painted with them as champions. That’s all I’m thinking about right now,” Carlisle said.

Indiana is looking to become the first road team to win a Game 7 on the road since the Cleveland Cavaliers overcame a 3-1 deficit against the Golden State Warriors in 2016.

Pacers-Thunder Game 7 referees

  • James Capers (13th Finals; officiated Game 3)
  • Josh Tiven (Sixth Finals; officiated Game 4)
  • Sean Wright (Second Finals; officiated Game 4)

Pacers vs. Thunder odds: NBA Finals Game 7

The Oklahoma City Thunder are favorites to win the series vs. the Indiana Pacers in Game 7 of the 2025 NBA Finals, according to BetMGM (odds as of afternoon of Sunday, June 22):

  • Spread: Thunder (-6.5)
  • Moneyline: Thunder (-275); Pacers (+220)
  • Over/under: 215.5

Thunder vs. Pacers NBA Finals Game 7 predictions

USA TODAY: Majority pick Thunder

  • Jeff Zillgitt: Thunder 101, Pacers 96
  • Lorenzo Reyes: Thunder 107, Pacers 106
  • Scooby Axson: Pacers 116, Thunder 113
  • James Williams: Thunder 110, Pacers 105
  • Jordan Mendoza: Thunder 102, Pacers 99

How many Finals have the Oklahoma City Thunder won?

The Oklahoma City Thunder have one NBA championship. However, it came in 1979 when the team was the Seattle SuperSonics. They have not won a title since moving to Oklahoma City in 2008.

How many Finals have the Indiana Pacers won?

The Indiana Pacers have not won an NBA championship. They have two Eastern Conference titles (2000, 2025).

What was the last NBA Finals to go to Game 7?

The most recent NBA Finals to reach a Game 7 came in 2016 when the Cleveland Cavaliers won their first championship in franchise history. The Cavs were down 3-1 against the Golden State Warriors through the first four games before winning two games in a row to tie the series. Cleveland then won Game 7 on the road and became the first team in NBA history to come back from a 3-1 series deficit in the NBA Finals.

How many NBA Finals have gone to a Game 7?

The NBA Finals have gone to a full seven games 19 times in the league’s history. The first seven-game series was in 1951 when the Rochester Royals (now the Sacramento Kings) won Game 7 at home over the New York Knicks. The first 12 of those 19 seven-game series occurred in the 1950s, 60s or 70s, with just seven taking place since. The last time an NBA Finals went to a Game 7 was 2016, when the Cleveland Cavaliers rallied from a 3-1 deficit to beat the Golden State Warriors on the road in the decisive game.

The Lakers have played in nine Game 7s – the first two as the Minneaplis Lakers before moving to Los Angeles – which is the most in NBA history. But the Lakers have only won four of those nine games. The Boston Celtics are 7-1 when playing in a Game 7 of the NBA Finals.

How many teams have won Game 7 of the NBA Finals on the road?

The Indiana Pacers have a chance to etch their name in a very exclusive list should they win the NBA championship: winning a Game 7 on the road. When the Cleveland Cavaliers beat the Golden State Warriors in the 2016 NBA Finals, they became just the fourth team in NBA history to win a Game 7 on the road. Here are the four teams that won the decisive Game 7 on their opponent’s home court (home in italics):

  • 2016: Cleveland Cavaliers defeated Golden State Warriors
  • 1978: Washington Bullets defeated Seattle Supersonics
  • 1974: Boston Celtics defeated Milwaukee Bucks
  • 1969: Boston Celtics defeated Los Angeles Lakers

NBA Finals MVP odds

Players with the best odds to win the Most Valuable Player award of the 2025 NBA Finals, according to BetMGM (odds as of afternoon of Sunday, June 22):

  • Shai Gilgeous-Alexander (Thunder): -235
  • Pascal Siakam (Pacers): +310
  • Jalen Williams (Thunder): +1200
  • Tyrese Haliburton (Pacers): +1500
  • TJ McConnell (Pacers): +10000
  • Obi Toppin (Pacers): +25000

NBA Finals schedule: Thunder vs. Pacers

  • Game 1, June 5: Pacers 111, Thunder 110
  • Game 2, June 8: Thunder 123, Pacers 107
  • Game 3, June 11: Pacers 116, Thunder 107
  • Game 4, June 13: Thunder 111, Pacers 104
  • Game 5, June 16: Thunder 120, Pacers 109
  • Game 6, June 19: Pacers 108, Thunder 91
  • Game 7, June 22: Pacers at Thunder | ABC, Fubo | 8 p.m.

Pacers vs. Thunder NBA Finals Game 7 TV channel

ABC is televising Game 7 of the NBA Finals between Oklahoma City Thunder and the Indiana Pacers at 8 p.m. ET (7 p.m. CT).

How to stream NBA Finals Game 7: Pacers vs. Thunder

Game 7 between the Thunder and Pacers is available on ABC. Fans can also stream the action with Sling TV and Fubo, which offers a free trial for new users.

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