Latest from Al Khaleej
Yahoo
8 minutes ago
- Sport
- Yahoo
Judge and Raleigh trade homers late in Yankees' 10-3 rout of Mariners
Seattle Mariners' Cal Raleigh (29) hits a home run during the eighth inning of a baseball game against the New York Yankees, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees' Austin Wells (28) hits a home run during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees designated hitter Giancarlo Stanton (27) hits a two-run home run during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) Seattle Mariners' Cal Raleigh (29) hits a home run during the eighth inning of a baseball game against the New York Yankees, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees' Aaron Judge (99) reacts after hitting a single during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees' Aaron Judge (99) reacts after hitting a single during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) Seattle Mariners' Cal Raleigh (29) hits a home run during the eighth inning of a baseball game against the New York Yankees, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees' Austin Wells (28) hits a home run during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees designated hitter Giancarlo Stanton (27) hits a two-run home run during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) Seattle Mariners' Cal Raleigh (29) hits a home run during the eighth inning of a baseball game against the New York Yankees, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) New York Yankees' Aaron Judge (99) reacts after hitting a single during the sixth inning of a baseball game against the Seattle Mariners, Tuesday, July 8, 2025, in New York. (AP Photo/Yuki Iwamura) NEW YORK (AP) — Giancarlo Stanton hit a three-run homer, Austin Wells went deep for the third consecutive game and the New York Yankees pounded the Seattle Mariners 10-3 on Tuesday night in the opener of a three-game series between American League playoff contenders. Aaron Judge and Cal Raleigh traded late home runs after the outcome was all but decided, with Raleigh's 36th of the season keeping the Seattle catcher two ahead of Judge for the major league lead. Advertisement Cody Bellinger and Paul Goldschmidt each had three hits for the Yankees, who won their second straight following a six-game slide. Rookie right-hander Will Warren (6-4) pitched 5 2/3 shutout innings, rebounding from an ugly start in Toronto last week. Oswald Peraza's run-scoring infield single off Mariners starter Logan Gilbert (2-3) with two outs in the fifth ended Seattle's team-record streak of 33 scoreless innings. Gilbert also got off to a great start before fading in the sixth. Judge and Bellinger opened the inning with consecutive singles before Stanton connected for his 431st career homer to make it 4-0. Three batters later, Wells pulled the first pitch from reliever Casey Legumina to right field for his career-best 14th homer, a two-run shot. Advertisement Goldschmidt added a two-run single to make it 10-0 in a four-run seventh that included Judge's solo homer and an RBI double by Jazz Chisholm Jr. Key moment Stanton's homer was his second this season after missing the first 70 games with pain in both elbows. He returned June 16. Key stats With a two-run shot in the eighth, Raleigh eclipsed Hall of Fame slugger Ken Griffey Jr. (1998) for the most homers by a Mariners player before the All-Star break. Barry Bonds holds the big league record with 39 for San Francisco in 2001. Up next Mariners rookie Logan Evans (3-2, 2.96 ERA) starts Wednesday night against right-hander Cam Schlittler, who will be called up by the Yankees to make his major league debut in place of injured Clarke Schmidt. The 24-year-old Schlittler was 6-6 with a 2.82 ERA at Double-A and Triple-A combined this season. ___ AP MLB:
Yahoo
9 minutes ago
- Entertainment
- Yahoo
Jesse Tyler Ferguson recalls facing the ‘loudest' criticism from gay viewers while he was on ‘Modern Family'
Jesse Tyler Ferguson is opening up about some criticism he received while playing a gay character on 'Modern Family' that hit particularly close to home. Ferguson shared that some of his 'loudest' critics came from the gay community itself, which is a pressure that he said he tends to feel frequently during Monday's episode of his podcast 'Dinner's on Me' with his guest, British actor Russell Tovey. 'One of the pressures I've always felt, specifically after being on a show like 'Modern Family,' where I'm portraying a gay man on a television show on (a) network that is as popular as it is, is that you receive criticism, as you do with anything you do,' he said, adding that 'the criticism that I think I heard at the loudest was always from the gay community.' Ferguson said he'd get criticism from some 'feeling as if maybe I didn't represent their idea of what a gay relationship was or a gay man was, which I always took with such a grain of salt because I'm representing one person, I'm in charge of this one character.' 'How can you be everything for everyone?' he asked. His played Mitchell Pritchett on the popular ABC sitcom, a gay lawyer married to Eric Stonestreet's Cameron Tucker. While he was portraying this one specific character, Ferguson said that Pritchett was, at the same time, 'a shade of who I was, so… if it's stereotypical, I'm basically playing myself, so I guess, guilty, guilty as charged.' Ferguson was nominated for five Emmys for his performance in the series, which aired from 2000 to 2009. Off screen, Ferguson is married to real-life lawyer Justin Mikita. The couple share two sons, Beckett and Sullivan, who were born in 2020 and 2022 respectively.
Yahoo
10 minutes ago
- Business
- Yahoo
Barracuda Unveils Entra ID Backup Premium to Safeguard Identity Data
New Solution Protects Against Accidental and Malicious Data Loss, Ensures Business Continuity and Strengthens Cyber Resilience News highlights: Barracuda Entra ID Backup Premium protects essential identity data against accidental and malicious data loss. Addresses critical industry-wide identity protection gaps by enabling fast, reliable recovery of the 13 most vital identity components – extending protection far beyond Microsoft's native 30-day limit. Seamlessly integrated with the BarracudaONE platform, the cloud-based SaaS solution is designed for rapid deployment and simplified management across single and multi-tenant environments. CAMPBELL, Calif., July 8, 2025 /PRNewswire/ -- Barracuda Networks, Inc., a leading cybersecurity company providing complete protection against complex threats for all sized businesses, today announced the launch of Barracuda Entra ID Backup Premium – a comprehensive, cost-effective solution to safeguard Microsoft Entra ID environments from accidental and malicious data loss. With fast, reliable recovery of vital identity data, the new offering strengthens cyber resilience and helps ensure secure, uninterrupted access to business applications and services. Seamlessly integrated with the BarracudaONE platform, Barracuda Entra ID Backup Premium provides users with centralized visibility into backup status, data health and storage insights through a unified dashboard. It is built to support both single and multi-tenant environments, making it an ideal solution for IT teams and managed service providers (MSPs) looking to simplify and scale identity protection management. "Identity is the control plane of today's digital business – any disruption can halt operations and expose organizations to security risks," said Neal Bradbury, chief product officer at Barracuda. "With Entra ID Backup Premium, we are closing a critical gap in the identity protection lifecycle by adding fast, reliable recovery to our proven detection and response capabilities. Unlike point solutions that focus only on backup or monitoring, Barracuda delivers a unified, end-to-end approach that makes Entra ID protection simpler, stronger and more resilient so organizations can stay secure, compliant and operational." Closing the Identity Protection Gap As organizations increasingly rely on Microsoft's cloud-based identity and access management platform, the risk of identity data loss – from cyberattacks or human error – continues to grow. Microsoft retains Entra ID data for only 30 days and recommends third-party backups. Barracuda Entra ID Backup Premium addresses this gap with long-term, scalable data preservation, empowering organizations to recover data well beyond Microsoft's default limits. Barracuda Entra ID Backup Premium protects the 13 most essential identity components needed to maintain a secure and resilient Microsoft Entra ID environment. This includes users, groups, roles, administrative units, app registrations, audit logs, authentication and access policies, BitLocker keys, device management configurations, and more. "As a trusted MSP, we understand how essential Microsoft 365 is to our customers' operations – which makes protecting and restoring Entra ID security components absolutely mission-critical," said John Quatto, channel partner manager at Zobrio. "Ransomware attacks can cripple access to users, groups and core systems. With Barracuda Entra ID Backup Premium, Barracuda has closed a gap in identity and access protection. Its integration into the BarracudaONE platform delivers a comprehensive, unified cybersecurity solution that's simple to deploy, easy to manage and built to scale – giving our customers the confidence to recover quickly and stay resilient against evolving threats." Easy to Deploy, Effortless to UseThe cloud-based, software-as-a-service (SaaS) solution is built for simplicity and speed – no installation, configuration or manual patching is required. Customers connect their Microsoft 365 tenant and start backing up Entra ID data in just minutes. Advanced search, real-time monitoring, detailed audit logs, and five levels of role-based access control (RBAC) provide the visibility and control needed to manage identity protection efficiently and securely. AvailabilityBarracuda Entra ID Backup Premium is now available globally through Barracuda's extensive network of resellers and MSPs. The solution can be purchased as a standalone offering or as a subscription with Barracuda Cloud-to-Cloud Backup. About Barracuda Barracuda is a leading global cybersecurity company providing complete protection against complex threats for all sized businesses. Our AI-powered platform secures email, data, applications, and networks with innovative solutions, managed XDR and a centralized dashboard to maximize protection and strengthen cyber resilience. Trusted by hundreds of thousands of IT professionals and managed service providers worldwide, Barracuda delivers powerful defenses that are easy to buy, deploy and use. Barracuda Networks, Barracuda, BarracudaONE, and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S., and other countries. Contact: Anne Campbell Barracuda Networks, Inc. 978-328-1642 acampbell@ View original content to download multimedia: SOURCE Barracuda Networks, Inc. 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Economic Times
10 minutes ago
- Business
- Economic Times
Swiggy shares rebound 28% from 52-week low ahead of Q1 earnings. What analysts say?
Swiggy shares have staged a sharp rebound ahead of the Q1FY26 earnings season, rallying 27.9% from their all-time low of Rs 297 recorded on May 13 on the NSE. The stock has gained investor traction in recent weeks. ADVERTISEMENT This may be fueled by expectations of strong revenue growth in its core food delivery business and improved performance in its quick commerce vertical, Instamart. Domestic brokerage firm Kotak Institutional Equities has downgraded the stock to an 'ADD' rating and raised its sum-of-the-parts-based fair value estimate to Rs 420 from Rs 415 earlier. However, it also noted that the stock is up by 25% from its May bottom and flagged this as a reason for its rating downgrade. 'The recent stock price increase results in a downgrade in rating to ADD,' the brokerage Q1FY26, Kotak expects Swiggy to report a 19% year-on-year growth in food delivery gross merchandise value (GMV), outpacing Zomato's estimated 18% GMV growth for the same period. Swiggy's food delivery GMV is projected at Rs 81 billion, supported by a stable take-rate and steady demand trends. However, it expects a sequential contribution margin (CM) decline of 30 basis points to 7.5%, driven by increased restaurant commissions, higher platform fees, and elevated delivery costs due to the onset of the monsoon. ADVERTISEMENT While food delivery remains stable, Instamart's performance continues to weigh on profitability. Kotak estimates Instamart's GMV to rise 113% year-on-year, with revenue growth of 129% year-on-year. Also read: Jane Street shows dangers of finance as shampoo ADVERTISEMENT Despite this surge, Instamart is expected to report a contribution margin of -3.4% and an adjusted EBITDA loss of Rs 8.5 billion for the quarter, broadly in line with the Rs 8.4 billion loss recorded in brokerage noted, 'We expect Instamart to show meaningful improvement in EBITDA only in FY2027,' adding that FY2026 will likely be a year of 'depressed profitability for Instamart on account of steep store additions and high competitive intensity.' ADVERTISEMENT Another brokerage firm, ICICI Securities, has also highlighted similar trends, projecting food delivery GMV growth of 18.5% year-on-year and 9.8% quarter-on-quarter for Q1FY26, with an adjusted EBITDA of Rs 2.2 billion and EBITDA margin of 2.7% of Instamart, it expects GMV to increase 110.1% year-on-year and 22.6% sequentially, but pegs adjusted EBITDA loss at Rs 9.1 billion with a negative margin of 15.8%.Overall, the brokerage expects adjusted revenue to grow 8% quarter-on-quarter and 46.6% year-on-year, with adjusted EBITDA loss widening to Rs 7.9 billion from Rs 7.3 billion in Q4FY25 and Rs 3.5 billion in Q1FY25. ADVERTISEMENT ICICI Securities also noted that 'Swiggy should marginally gain share in food delivery business,' and observed that e-commerce volume growth is accelerating from the company's lows of FY24/25.'We remain bullish on Swiggy,' added ICICI the technical front, Ajit Mishra, SVP of Research at Religare Broking, noted, 'Swiggy has been witnessing a rebound after spending nearly six months in a corrective phase.'He added that following a breakout in June, the stock faced resistance near the Rs 395 level and is currently trading close to its neckline support. Also read: Vedanta shares down 2% in 1 year but giving 7% dividend. Is it enough to buy the stock? 'It is crucial for the stock to hold the Rs 350–370 zone to maintain a positive bias, while the Rs 410–440 zone is expected to act as resistance. Participants should align their positions accordingly,' Mishra said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
10 minutes ago
- Business
- Economic Times
Further upside seen in larger banks; SFBs, MFIs expected to recover in H2: Dnyanada Vaidya
Dnyanada Vaidya, Equity Research Analyst, Axis Securities, sees further upside in larger banks and favours City Union for its credit growth potential and stable asset quality. While small finance banks face challenges, a second-half recovery is anticipated. Banks are expected to face deposit and CASA growth headwinds, with Bank of Baroda's deposit growth projected at 11-12%. Vaidya also expects a better second half for micro financiers from margins as well as credit cost standpoint. Within the NBFC pack, vehicle financiers are expected to post better growth. ADVERTISEMENT How do you read into the business updates so far for Q1 from both banks as well as NBFCs? Do you think we are going to see some amount of softness in the NBFC sector? Dnyanada Vaidya: From the provisional updates that NBFCs have put in, the ones under our coverage, Bajaj Finance posted a set of numbers. AUM growth was also healthy. We also believe that it is a beneficiary of this rate cut cycle and should see margins improve. From an asset quality standpoint, we do not really expect a lot of pressure or headwinds for the company. However, we remain cautious on the microfinance sector wherein growth has also been moderating mainly because of asset quality challenges. Fund managers bet on bank, consumer stocks after RBI's rate cuts We see these challenges persisting at least in the first half of the year especially with two geographies where companies that we cover, which is CreditAccess Grameen, have been facing challenges because of the ordinance. We expect a better second half for micro financiers from margins as well as credit cost standpoint. For vehicle financiers, we expect that growth would be modest; however, amongst the NBFC pack, we believe that vehicle financiers would post better growth. Margins will benefit with this rate cut. However, we will want to watch out for credit costs and asset quality movement for vehicle financiers. Talk to us about the valuation picture because from the March and April lows, we have already seen a good runup in most of these financial majors. What is your overall sense on the valuations given the growth picture that we have been looking forward to and maybe the pressure points that we have discussed right now? Are the valuations justified or is there any room for correction from these levels? Dnyanada Vaidya: From a banking standpoint, we believe there is some further upside left even in the bigger banks. We also remain positive on certain names in the mid-sized banks. We like City Union. We still believe there is scope for a rerating given that we see there is a scope for credit growth improving. Also, asset quality right now at least in the secured segment or even in the corporate segment does not seem like a challenge. Small finance banks, of course, have their own set of challenges but we expect some recovery in the second half of the year and we see a better upside in the small finance banks, given that is contingent on the recovery that they post. What happens to the entire deposit chase which is currently playing out? Bank of Baroda (BoB) waived off its charges to customers for not maintaining minimum balance in their savings accounts. Canara Bank, Indian Bank, PNB, have made similar announcements. Who do you think is going to really win the race here? Dnyanada Vaidya: From a deposits perspective, banks continue to face challenges not only on deposits but also from a CASA growth perspective. We expect that deposit growth for banks will remain largely in line with the credit growth that they post. For BOB in particular, we expect these challenges will persist. So, we do not look at a deposit growth of more than about 11-12% for the bank. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
