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Boston Red Sox meet President Donald Trump at the White House

Boston Red Sox meet President Donald Trump at the White House

CBS News04-07-2025
The Boston Red Sox paid a visit to the White House Thursday, where video showed several players shaking hands with President Donald Trump.
A spokesperson for the team said the Red Sox toured the White House as part of their "family road trip to D.C." In the video, posted by a Trump administration member, several players could be seen shaking hands with the president in the Oval Office.
President @realDonaldTrump welcomes the Boston Red Sox to the Oval Office 🇺🇸 pic.twitter.com/GbYGcXiwmU — Margo Martin (@MargoMartin47) July 3, 2025
The Red Sox are in Washington, D.C. for a series with the Washington Nationals. The series kicks off on July 4 at 11:05 a.m., with two more games on Saturday at 4:05 p.m. and Sunday at 1:35 p.m.
The Red Sox are currently fourth place in the AL East with a record of 43-45. The Nationals are fifth in the NL East with a record of 36-50.
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New to sports betting? Here are 13 tips to help you this football season

You're on the first tee at the golf course, and meet your playing partners. The most common question after everyone gets comfortable: 'What do you do?' When you work in sports betting, the answer can be complicated, and usually ignites follow-ups surrounding the inquirer's own experience in betting, often wondering aloud what they have been doing wrong. Like golf, there's no simple guide for how to get better at betting, but when asked for tips on how to get the readership started, it seemed like an opportunity to put advice that I'd give on the golf course on virtual paper here. Ideally, we would have the time an 18-hole walk provides to break it all down, but at least we can cut out the shanks, duffs and 3-putts, and simply chat about betting — getting you set up with 'The Front,' make a move after 'The Turn,' and see if we can't finish strong with a good 'close-out,' all while handing out some tips along the way that might work better than 'keep your eye on the ball.' 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There are two ways to shop for the best price: Time: Make your bet when the best price is available (aka 'market entry') Place: Have as many sportsbook accounts (or 'outs') as possible Take your initial bankroll and spread it out across at least three sportsbooks. Odds and lines move from the time the market opens until the game starts. If you have a good grasp on what the price should be on a bet, you can either beat the market to a good bet before the price moves, or wait to get the price you want. Be Ichiro Legend has it that newly inducted Major League Baseball Hall of Famer Ichiro Suzuki, despite never hitting more than 15 home runs in a season, would take the last portion of batting practice to just crank dingers. Even though he made a point to prove that he could swing for the fences, Ichiro built a Hall of Fame career on knowing he should rack up singles and doubles (and steal over 500 bases), hitting .321 during his prime with the Mariners. As bettors, we could go to the batter's box looking to go yard (in the form of long-shot parlays and Same Game Parlays), but the chances of extending your bankroll and enjoying the sports betting experience go way up when you bet one outcome at a time. Even if you didn't parlay them, you'll never be disappointed by going 6-0 on a standard NFL Sunday; plus, going 5-1 or 4-2 in your six picks no longer wrecks that grand slam parlay. Instead, it's the betting equivalent of Ichiro going 3-for-4 with a stolen base and two runs scored. It will add up to a legendary career. Leave the parlays to the bad bettors. Shoot for hitting 53-55% on single outcome bets to accumulate profit over the long term by betting 1-2% of your bankroll as your unit's value for each bet. Pic or it didn't happen The social-media age has turned personal moments into a communal experience. 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The Turn Ok, we've created our bankroll, found a handful of sportsbooks to shop at, built a framework for our expectations and a way to track our betting to see how it goes. In golf terms, while we didn't go low on the opening nine holes, we set ourselves up to believe we can score a personal best — just as soon as we grab a hot dog. Here are some things to think about as you go on the next step of your betting journey — actually making the bets. Read the room Understanding what the market (oddsmakers and other bettors) thinks of a team or individual player is a crucial starting point for knowing what a good price (odds, point spread, etc.) is on a bet. If everyone loves the Los Angeles Lakers, it's going to be hard to argue that they're undervalued in the betting market and worth a wager. In turn, if no one wants to bet on a backup quarterback, maybe his team has been devalued to the point where it's worth a bet. The most uncomfortable bets are often the best, as it can mean there's value in going against the grain. : You can track the market by creating your own power rating list of every team in the league before the season. Compare that list to a league-wide odds market like championship futures or regular-season win totals to see what the market thinks of a team compared to you. On a game-by-game basis, guessing the point spread of a game or a yardage total for a player prop is a good starting point for what you think the correct number should be. Knowing a team or player's recent record against the number (spread or prop total) helps to gauge how they're performing relative to expectations. Home … sweet home? Don't forget about home-field/-court/-ice advantage, but don't overvalue it either. In the NFL, the uninformed will tell you that home-field is worth three points. That's an antiquated perspective. 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Understand that we're all day-to-day, and that all humans have a range within which they're capable of performing. There's more than one way to pet a cat Defining value is much harder than many let on. In the NFL, because a high-profile result lingers on repeat for days after, there can be a very clear change in valuation of a team by the betting market in the short term. In basketball, the market might have the point spread correct, but there's a crucial mismatch in personnel. In hockey, the starting goaltender can drastically change a team's value in one game. In baseball, momentum is only as good as the next day's starting pitcher. There are many ways to argue that a bet is worth making. Some have statistical backing, others feature a more qualitative case. However, to get to a bet, make sure you're able to make the case that there's something being missed by the market at large. If you know Lamar Jackson is good at home at night, the betting market likely does as well, but if you know the Browns' offensive line is run-blocking at the best rate in the NFL, you might have a leg up on the market that's worried about Cleveland's quarterback situation. Value is defined by the difference in the number (point spread, moneyline price, etc.) you're willing to bet and the number being offered in the market. Value is not exclusive to underdogs. A favorite can be valuable if you deem it should be an even bigger favorite. Don't be the judge, be the jury A judge determines what arguments a jury is allowed to hear. If you limit your knowledge consumption to what you want to hear, you're doing yourself a disservice. A good juror should be hungry for information and salient arguments from both sides. Particularly for big games, there is no shortage of opinions on why each team makes for a valuable bet. It's your duty as a consumer of content to be the jury, picking which argument makes more sense to you. Your bet should align with your beliefs about the event, and once you click 'submit,' take ownership of that decision. You're not required to bet on every game, nor every game you watch. Being selective in your wagering is one of the biggest advantages that we have over the sportsbook. Oddsmakers are expected to provide a line, but bettors aren't forced to make a bet. Consume arguments for each side of a bet. If both cases are just as compelling, exercise your right to pass on betting a game. Have fun At the end of the day, responsible sports betting is about increasing your acumen of how betting works, and then applying your knowledge level of the sport. 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You can find valuable bets and analysis from Yahoo Sports betting contributor, Matt Russell, at THE WINDOW.

5 things in markets that will make you do a double-take
5 things in markets that will make you do a double-take

Yahoo

time5 minutes ago

  • Yahoo

5 things in markets that will make you do a double-take

Well, it is mid-summer, and the markets — and the business world — just get weirder and weirder. Rather than connect five points directly to one theme this week, we are going to take a look at five news items that have recently made me do a double-take, and have reminded me that there is never a dull moment in business and in investing. Yes, the business world remains — always — surprising and unique. Trump's Powell obsession U.S. President Donald Trump wants to fire Federal Reserve chief Jerome Powell. He seems obsessed with it, and it has gotten to the point of school-yard name calling bullying. But my question is: Why? Trump of course wants lower interest rates. Investors, home buyers and consumers like low rates, and lower rates will also substantially help the U.S. budget by lowering its massive interest rate charges. But let's take a look at Powell's record: He managed to successfully slay the inflation dragon of 2022; he steered the U.S. economy through the COVID pandemic and essentially by doing so saved the world; unemployment is low and stock markets are near record highs. What's not to like? Trump needs to understand that simply lowering the Fed rate does not always work, anyway. The market is smarter than that. Market interest rates can still rise even if Fed overnight rates fall. Before making any Fed personnel moves to enhance his own agenda, Trump might want to look at the economic record of Turkey, which pursued a lower interest rate policy before it was ready. (Hint: It's not good.) Sarepta Therapeutics Inc. It's been a long time since we have seen a blow-up fist fight between a company and the U.S. Food and Drug Administration (FDA). But Sarepta came close. The company is developing drugs and therapies for Duchenne Muscular Dystrophy, a horrible disease affecting mostly boys. Elevidys, its gene therapy treatment, showed promise in treating the disease. But then three patients died taking the drug and the FDA asked the company to stop shipments. On July 18, the FDA met with the company and the company essentially said, 'Nah, we are not going to do that.' Eventually the company relented and voluntarily stopped shipments. This week, it was allowed to resume shipments after patient advocacy groups lobbied for the drug's return. How has all this worked out for Sarepta? Shares are down about 87 per cent this year. Palantir Technologies Inc. Palantir has been one of the best-performing large-cap stocks this year, up more than 100 per cent. Market capitalization is now about US$370 billion. Its focus on artificial intelligence and data analytics has been in the sweet spot of this year's tech rally, and the company has reported solid growth in revenue and earnings. That being said, every single analyst report on the company discusses its extreme valuation. It is certainly notable: The stock trades at 267 times earnings and at nearly 100 times forward sales. Some analysts view it as the most expensive stock ever. Of course it was expensive at the start of the year too, before its big move. So, considering this, we looked at the short interest of the company. Right now, it is 2.5 per cent. So while it may be very expensive, the short sellers are not really committing capital to this call by shorting it. As a comparison, Manulife Financial Corp., the conservative and stable insurance company, has a higher short interest, at 2.8 per cent. And, by the way, its price-earnings ratio is only 11 times earnings. Maybe all the short sellers in Palantir have given up. They have certainly lost money so far. But the situation is a good example of how some companies can stay expensive for a long time. Or, sometimes they are expensive for a reason. What year is it again? Despite lots of worries in the world investors seem to have lots of confidence. Yes, meme stocks are back again, like they were in 2021. Companies such as QuantumScape Corp., GoPro Inc. and Kohls Corp. have seen their stock prices soar as retail traders and Reddit chat boards hype up their prospects. Being on the right side of this trade can be very profitable but investors are not exactly buying 'quality' here. Meme stock traders are buying with the expectation, simply put, that someone is going to pay more. We heard a new phrase this week regarding the phenomenon: One noted analyst called it a 'flight to crap.' Meme stocks are causing some excitement during the slow summer months, but, like prior instances, we doubt it is going to end well for traders. If it sounds too good to be true, it could yield trouble We have been watching with interest this year's obsession with very-high-yield exchange-traded funds (ETFs). There are products out there, such as YieldMax MSTR Option Income Strategy ETF (symbol MSTY), that have an indicated yield of — wait for it — 72.91 per cent. This ETF uses a synthetic option strategy on a single stock, MicroStrategy Inc. to enhance yield, which is paid out to unitholders. MicroStrategy is among the largest corporate holders of bitcoin right now, and with bitcoin's rally, the stock has done very well. But even with such a high yield the units of MSTY are down more than 20 per cent this year. ETF owners, attracted by the giant income, still haven't made any real money, even though MicroStrategy stock itself is up about 36 per cent so far this year. Yet, this has not stopped investors from pouring money into the ETF, now at about US$5.6 billion in assets. And this is just one example. There are now many dozens of such super-high yielding ETFs. We think investors need to be careful here. In addition to getting seduced by high yields, investors could be in trouble in a different type of market, or if the derivative market seizes up, as it has done before. Peter Hodson, CFA, is founder of 5i Research Inc., an independent investment research network helping do-it-yourself investors reach their investment goals. He is also portfolio manager for the i2i Long/Short U.S. Equity Fund. (5i Research staff do not own Canadian stocks. i2i Long/Short Fund may own non-Canadian stocks mentioned.) 5 reasons to be worried about the market today 5 reasons new market highs are not necessarily a sign to sell If you like this story, sign up for the FP Investor Newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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