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Here’s a quick recap of the crypto landscape for Friday (May 9) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$103,027 as markets opened, up 1.3 percent in 24 hours. After breaking through the US$100,000 threshold Thursday (May 8) the digital asset has found support. The day’s range has seen a low of US$102,871 and a high of US$103,672.

Bitcoin performance, May 9, 2025.

Chart via TradingView.

Bitcoin’s recent price surge is driven by the US government’s decision to legalize strategic Bitcoin reserves—boosting investor confidence and signaling institutional backing—alongside growing global adoption supported by favorable regulations and broader acceptance across sectors.

Ethereum (ETH) started the trading day at US$2,220 and quickly rallied. The cryptocurrency reached an intraday low of US$1,792.06 and saw a daily high of US$2,415.

Altcoin price update

  • Solana (SOL) opened at US$169.63 up 4.57 percent over 24 hours. SOL experienced a low of US$151.51 and a high of US$171.39.
  • XRP was trading at US$2.33, reflecting a 5 percent increase over 24 hours. The cryptocurrency reached a daily high of US$2.36 midday.
  • Sui (SUI) was priced at US$3.80, showing an increaseof 0.50 percent over the past 24 hours. It achieved a daily low of US$3.36 and a high of US$3.92.
  • Cardano (ADA) is trading at US$0.7866, up 7 percent over the past 24 hours. Its lowest price of the day was US$0.71, and it reached a high of US$0.79.

Today’s crypto news to know

Bitcoin surges past $100,000 amid trade optimism and institutional inflows

Bitcoin (BTC) has reclaimed the US$100,000 mark for the first time since February, driven by optimism surrounding a new US-UK trade deal and significant institutional investments. On May 8, US Bitcoin ETFs saw net inflows totaling US$117.4 million, with BlackRock’s IBIT and Fidelity’s FBTC leading the gains.

Additionally, the Federal Reserve’s decision to hold interest rates steady has bolstered investor confidence in crypto markets.

Coinbase acquires Deribit in landmark US$2.9 billion crypto derivatives deal

Coinbase has announced its acquisition of Deribit, a leading crypto derivatives exchange, for $2.9 billion—the largest deal in the crypto industry to date. This strategic move positions Coinbase to expand its offerings in the crypto options market, catering to the growing demand for advanced trading products.

The acquisition includes US$700 million in cash and 11 million shares of Coinbase Class A common stock. Deribit, which processed US$1.2 trillion in trading volume last year, controls approximately 85 percent of the global crypto options market.

This deal is expected to enhance Coinbase’s presence in the international derivatives market and diversify its revenue streams.

Analysts view the acquisition as a significant step for Coinbase to compete with other major exchanges like Binance and Kraken in the derivatives space. The transaction is subject to regulatory approvals and is anticipated to close later this year. Until then, Deribit will continue its operations as usual.

Celsius founder sentenced to 12 years for crypto fraud

Alex Mashinsky, founder and former CEO of Celsius Network, has been sentenced to 12 years in federal prison for defrauding customers and manipulating the price of the company’s CEL token.

Between 2018 and 2022, Mashinsky misled investors about the safety of their funds, using customer deposits to inflate CEL’s value and personally profiting over US$48 million. Celsius, which once managed over US$25 billion in assets, collapsed in 2022 amid a broader crypto market downturn, leaving thousands of users unable to access their funds.

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

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

This post appeared first on investingnews.com

There’s more than one way to invest in copper. In addition to buying shares of copper stocks, investors can gain exposure through copper exchange-traded funds (ETFs) or copper exchange-traded notes (ETNs).

For the uninitiated, ETFs are securities that trade like stocks on an exchange, but track an index, commodity, bonds or a basket of assets like an index fund. In the case of base metal copper, there are various options — an ETF can track specific groups of copper-focused companies, as well as copper futures contracts or even physical copper.

ETNs also track an underlying asset and trade like stocks on an exchange, but they differ from ETFs in some ways. Specifically, ETNs are more like bonds — they are unsecured debt notes issued by an institution, and can be held to maturity or bought and sold at will. The main disadvantage to be aware of is that investors risk total default if an ETN’s underwriter goes bankrupt.

The copper outlook is strong as demand rises and concerns about supply increase as the energy transition gains traction. This has caused many investors to wonder how to take advantage of the potential in the copper market.

1. Global X Copper Miners ETF (ARCA:COPX)

Assets under management: US$2.09 billion

The Global X Copper Miners ETF tracks the Solactive Global Copper Miners Index, which covers copper exploration companies, developers and producers. The fund has an expense ratio of 0.65 percent.

The fund currently has 39 holdings, with the top three companies being First Quantum Minerals (TSX:FM,OTC Pink:FQVLF), Freeport-McMoRan (NYSE:FCX) and Lundin Mining (TSX:LUN,OTC Pink:LUNMF).

2. United States Copper Index Fund (ARCA:CPER)

Assets under management: US$162.94 million

The United States Copper Index Fund aims to give investors exposure to a portfolio of copper futures without using a commodity futures account. It has an expense ratio of 1.04 percent.

The fund tracks the performance of the SummerHaven Copper Index Total Return (INDEXNYSEGIS:SCITR), which is calculated based on certain copper futures contracts selected on a monthly basis.

3. Sprott Physical Copper Trust (TSX:COP.U,OTCQX:SPHCF)

Assets under management: US$96.59 million

A relatively new ETF, the Sprott Physical Copper Trust was established in July 2024 and is one of the first funds to be based around physical copper. The fund has an expense ratio of 2.03 percent.

As of the start of May 2025, the fund held 10,157 metric tons of copper worth US$96.59 million.

4. iShares Copper and Metals Mining ETF (NASDAQ:ICOP)

Assets under management: US$50.63 million

The iShares Copper and Metals Mining ETF tracks the STOXX Global Copper and Metals Mining Index, which is composed of public companies primarily engaged in copper and metal mining. It has an expense ratio of 0.47 percent.

The fund represents a global portfolio of 41 copper companies. Its top three holdings are Grupo Mexico (OTC Pink:GMBXF,BMV:GMEXICOB), BHP (NYSE:BHP,ASX:BHP,LSE:BHP) and Freeport McMoRan.

5. Sprott Copper Miners ETF (NASDAQ:COPP)

Assets under management: US$23.65 million

Sprott Asset Management bills its Sprott Copper Miners ETF as ‘the only pure-play ETF focused on large-, mid- and small-cap copper mining companies that are providing a critical mineral necessary for the clean energy transition.’

It came to market in March 2024, and has an expense ratio of 0.65 percent.

The fund is made up of a portfolio of 49 companies and has a market cap of US$279 billion; it is rebalanced twice a year in June and December. The fund’s top three holdings are Freeport-McMoRan, Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF).

6. Sprott Junior Copper Miners ETF (NASDAQ:COPJ)

Assets under management: US$12.6 million

Launched in February 2023, the Sprott Junior Copper Miners is a pure-play ETF that, as its name suggests, is focused on small-cap copper miners. It has an expense ratio of 0.76 percent.

The fund consists of 40 companies, and its top three holdings are Northern Dynasty Minerals (TSX:NDM,NYSEAMERICAN:NAK), Solaris Resources (TSX:SLS,NYSEAMERICAN:SLSR) and Atalaya Mining (LSE:ATYM).

Like Sprott’s other copper fund on this list, COPJ is rebalanced twice a year in June and December.

7. iPath Series B Bloomberg Copper Subindex Total Return ETN (OTC Pink:JJCTF)

Assets under management: US$6.9 million

The iPath Series B Bloomberg Copper Subindex Total Return ETN provides exposure to the Bloomberg Copper Subindex Total Return. According to Barclays (LSE:BARC), the note ‘reflects the returns that are potentially available through an unleveraged investment in the futures contracts on copper.’ It is tied to the high-grade copper futures contract available on the Comex and carries an expense ratio of 0.75 percent.

Unlike an ETF, an ETN does not own the underlying asset. Instead, an ETN functions in the same way as an uninsured bond. Investopedia states that investors take their profits when they sell the note or it reaches maturity.

Securities Disclosure: I, Dean Belder, hold shares of Northern Dynasty Minerals.

This post appeared first on investingnews.com

  • Reviews 2025 exploration strategy across Freegold Mountain and Andalusite Peak
  • Advances acquisition strategy targeting high-grade silver assets
  • Engages Independent Trading Group to improve trading liquidity

triumph gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N61) is pleased to provide an operational update as it enters 2025 with a refined exploration focus, strategic growth objectives, and a commitment to responsible development. The Company also announced it has engaged a market maker and granted incentive stock options.

Leadership and Direction

triumph gold continues under the leadership of John Anderson, Chairman and Interim Chief Executive Officer. With over 25 years of experience in the capital markets and resource sectors, Anderson has guided the Company since its early days as Northern Freegold.

‘We’ve taken meaningful steps to streamline operations and position the Company for disciplined growth,’ said Anderson. ‘With strong core assets, a focused strategy, and improving market conditions for gold and copper, Triumph prepares to enter the second quarter of 2025 ready to pursue opportunities that create long-term value’.

Key Assets and Positioning

Freegold Mountain Project

Located in Yukon, the flagship Freegold Mountain Project hosts over 2 million gold equivalent ounces across three mineralized zones, as defined in a 2020 NI 43-101 resource estimate. These deposits provide exposure to high-grade gold, copper, molybdenum, and tungsten at a time of increasing demand for critical minerals.

Andalusite Peak Property

Triumph’s Andalusite Peak copper-gold project is located in British Columbia’s Golden Horseshoe region, in proximity to major porphyry systems such as Saddle North and Red Chris. The Company plans to advance exploration in 2025 through geochemical surveys and mapping.

Favourable Jurisdictions
All assets are situated in well-established, mining-friendly regions of Yukon and British Columbia, offering stable permitting frameworks and access to infrastructure.

2025 Growth Strategy

triumph gold’s 2025 strategy centers on project advancement, portfolio expansion, and disciplined exploration:

  • Strategic Acquisitions
    The Company is evaluating potential acquisitions of high-quality silver projects to complement and diversify its current asset base.

  • Advancing Andalusite Peak
    Located in British Columbia’s Golden Horseshoe near Newmont’s Saddle North and Red Chris projects, the Andalusite Peak property will focus on geochemical surveys and detailed geological mapping in 2025.

  • Expanding Freegold Mountain Exploration
    Triumph will review historical datasets and define new exploration targets outside current resource zones to support potential discoveries.

Commitment to Responsible Development

triumph gold is committed to responsible exploration and development. The Company maintains active engagement with First Nations and local communities, recognizes the traditional territories on which its projects are located, and prioritizes environmental stewardship and cultural respect in all exploration activities.

Triumph Engages Independent Trading Group (ITG) as Market Maker

triumph gold announces that subject to regulatory approval, it has engaged the services of Independent Trading Group (‘ITG’) to provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, and Cboe Canada policies. ITG will trade shares of the Company on the CSE/ Cboe Canada/ TSXV and all other trading venues to maintain a reasonable market and improve the liquidity of the Company’s common shares.

Under the agreement, ITG will receive compensation of CAD$6,500 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days’ notice. No performance factors are contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities. At the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.

triumph gold Issues Stock Options

The Company has granted 4,750,000 incentive stock options to directors, officers, employees, and consultants. The options are exercisable at $0.27 per share for a period of five years, with immediate vesting.

The options were granted pursuant to triumph gold’s rolling stock option plan, which has been approved by shareholders and the TSX Venture Exchange. This issuance is intended to retain and motivate key contributors and align long-term interests with those of shareholders.

Looking Ahead

triumph gold is entering 2025 with momentum, a clear strategy, and a commitment to shareholder value. The Company thanks its shareholders for their continued support and looks forward to sharing further updates in the months ahead. For more information or investor inquiries, please email John Anderson, Chairman & Interim CEO, at janderson@triumphgoldcorp.com.

About triumph gold Corp.

triumph gold is a Canadian-based, growth-oriented exploration and development company with a district-scale land package in the mining-friendly Yukon. Led by an experienced management and technical team, The Company is focused on actively advancing its flagship Freegold Mountain Project using multidiscipline exploration and evaluation techniques.

The road-accessible Freegold Mountain Project, located in the Dawson Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometres and covers an extensive section of the Big Creek Fault Zone, a structure directly related to epithermal gold and silver mineralization and gold-rich porphyry copper mineralization.

The Company owns 100% of the Big Creek and Tad/Toro gold-silver-copper properties situated along the strike of the Freegold Mountain Project within the Dawson Range.

The Company also owns 100% of the Andalusite Peak copper-gold property, 36 km southeast of Dease Lake within the Stikine Range in British Columbia.

triumph gold acknowledges the traditional territories of the Little Salmon Carmacks First Nation and Selkirk First Nation, on which the Company’s Yukon mineral exploration projects are located. triumph gold has a longstanding, ongoing engagement with these First Nations through communication, environmental stewardship, and local employment.

For more information, please visit triumphgoldcorp.com.

For further information about triumph gold, please contact:

John Anderson, Executive Chairman
triumph gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedarplus.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251572

News Provided by Newsfile via QuoteMedia

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Exchange-traded funds (ETFs) are one of the fastest-growing investment vehicles, and as uranium’s role in the energy transition grows, investors are becoming increasingly interested in uranium ETFs and related products.

After years of dormancy, the uranium spot price zoomed past the US$100 per pound level in early 2024 on supply risks and a strong outlook for long-term demand. Although it’s since pulled back, bulls believe it still has room to run.

Supporting factors include the lack of new uranium mines, Russia’s dominance in conversion and enrichment, rising demand for low-carbon energy sources and the continued development and deployment of small modular reactors.

There is also increasing demand for uranium from China and India as both of these countries grapple with air pollution in the face of growing electricity demand. China is working to expand its nuclear power capacity, and although it ranks among the top 10 uranium-producing countries, it relies heavily on uranium imports.

Compounded, these factors are creating a mounting supply deficit.

“This year, uranium mines will only supply 75 percent of demand, so 25 percent of demand is uncovered,” Amir Adnani, CEO and president of Uranium Energy (NYSEAMERICAN:UEC), said at a January 2025 event.

Although the fundamentals are promising, the U3O8 spot price has faced pressure in 2025, with prices below US$80 since the start of the year. As supply tightens, incentivizing new projects to come online is becoming imperative.

“Next year, uranium demand is going up because there are 65 reactors under construction, and we haven’t even started talking about small and advanced modular reactors,” Adnani said. “Small and advanced modular reactors are an additional source of demand that, maybe not next year, but within the next three to four years, can become a reality.”

As mentioned, that backdrop is helping uranium ETFs and related investment products gain steam. Today there are five uranium ETFs available, as well as four investment vehicles backed by physical uranium — and perhaps more to come.

Read on to learn about the uranium ETFs and related vehicles on offer. All data was current as of May 5, 2025.

Uranium ETFs tracking uranium stocks

1. Global X Uranium ETF (ARCA:URA)

Total asset value: US$2.7 billion

The Global X Uranium ETF tracks a basket of uranium miners, as well as nuclear component producers.

The fund has an expense ratio of 0.69 percent and a yearly return of negative 17.23 percent, a decline that coincides with the recent pullback in the uranium price.

Uranium companies account for a significant portion of its portfolio, and nearly half of those companies are Canadian. The ETF’s top two uranium company holdings are major uranium producer Cameco (TSX:CCO,NYSE:CCJ) at a weight of 22.31 percent and NexGen Energy (TSX:NXE) at 5.64 percent. Interestingly, one of its top three holdings is the Sprott Physical Uranium Trust (TSX:U.U) at a weight of 8.52 percent.

2. Sprott Uranium Miners ETF (ARCA:URNM)

Total asset value: US$1.32 billion

The Sprott Uranium Miners ETF includes both uranium producers and explorers for broader exposure. The fund has an expense ratio of 0.75 percent and a yearly return of negative 34.69 percent.

Uranium stocks with market caps under US$2 billion account for 48.7 percent of the ETF’s holdings. Its top three holdings are Cameco at 15.28 percent, the Sprott Physical Uranium Trust at 13.21 percent and Kazatomprom (LSE:59OT,OTC Pink:NATKY) at 12.99 percent.

3. VanEck Vectors Uranium + Nuclear Energy ETF (ARCA:NLR)

Total asset value: US$1.02 billion

The VanEck Vectors Uranium + Nuclear Energy ETF launched in 2007 and tracks a market-cap-weighted index of stocks in the uranium and nuclear energy industries. Its expense ratio is 0.61 percent and its yearly return is negative 0.12 percent.

This uranium ETF’s top three holdings are Constellation Energy Group (NASDAQ:CEG) at a weight of 8.49 percent, Public Service Enterprise Group (NYSE:PEG) at 7.38 percent and Endesa (OTC Pink:ELEZF,SSE:ELE) at 6.95 percent.

4. Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)

Total asset value: US$232.29 million

The Sprott Junior Uranium Miners ETF launched in February 2023, making it one of the newest additions to the uranium ETF universe. The ETF has an expense ratio of 0.8 percent and a yearly return of negative 15.51 percent.

It tracks the NASDAQ Sprott Junior Uranium Miners Index (INDEXNASDAQ:NSURNJ), which follows small-cap uranium companies. The fund’s 33 holdings are all uranium mining, development or exploration companies. Its top three holdings are Paladin Energy (ASX:PDN,OTCQX:PALAF) at 12.46 percent, Uranium Energy (NYSEAMERICAN:UEC) at 10.32 percent and NexGen Energy at 10.25 percent.

5. Horizons Global Uranium Index ETF (TSX:HURA)

Total asset value: US$55.08 million

The Horizons Global Uranium Index ETF was Canada’s first pure-play uranium ETF and provides exposure to uranium industry growth. It has an expense ratio of 1.06 percent and a yearly return of negative 25.2 percent.

Created in 2019, the fund’s top holdings are Cameco with a weight of 20.68 percent, Kazatomprom at a weight of 17.12 percent and the Sprott Physical Uranium Trust at 15.25 percent.

Physical uranium investment vehicles

1. Sprott Physical Uranium Trust (TSX:U.U)

Total asset value: US$4.09 billion

Of all the uranium-focused funds, this one has created the most buzz. Launched in July 2021, the Sprott Physical Uranium Trust quickly made its mark on the sector, stoking investor interest and prices for the commodity.

The fund holds 66.22 million pounds of U3O8, has an expense ratio of 0.64 percent and has a yearly return of negative 34.57 percent.

2. Yellow Cake (LSE:YCA,OTCQB:YLLXF)

Total asset value: US$983.66 million

Founded in 2018, Yellow Cake is a uranium company that provides investment exposure to the uranium spot price through its physical holdings of uranium and uranium-related commercial activities.

Yellow Cake’s current holdings total 21.68 million pounds of U3O8. Its access to material volumes of uranium at prevailing market prices comes via its long-term partnership with Kazatomprom. Through this partnership, it has the option to purchase up to US$100 million of uranium annually through 2027.

3. Zuri-Invest Uranium AMC

Total asset value: US$1.65 billion

Launched in April 2023, Zuri-Invest’s product is directly linked to physical uranium, and is the first actively managed certificate (AMC) in the sector. According to Zuri-Invest, “an AMC is a security that can be managed on a discretionary basis enabling the active management of a chosen investment strategy.”

Qualified non-US institutional and professional investors can take part in this physical uranium AMC (Swiss ISIN code CH1214916533) through their bank. The custodian of the product is Cameco, which holds the physical uranium in a secure storage facility in Canada.

4. xU3O8

Total asset value: US$5.93 million

One of the newest ways to gain exposure to physical uranium is through the token xU3O8.

Using the power of the Tezos blockchain and real-world asset tokenization, the xU3O8 token from uranium.io gives investors the ability to directly own and trade physical uranium. Launched in 2024, xU3O8’s 38,464.62 kilograms of U3O8 are stored at a secure Cameco facility, with Archax acting as trustee.

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

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Legendary investor Warren Buffett is stepping down as CEO of Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B) after six decades at the helm — but he’s still not yet ready to retire.

In a media release on Monday (May 5), Berkshire said that its board of directors unanimously has voted to appoint Greg Abel, vice chairman, non-insurance operations, as president and CEO come January 2026.

Buffett will remain the chairman of the board of directors.

Buffett has held the position of CEO at Berkshire since 1970, with Abel confirmed as his successor in 2021.

What is Buffett’s strategy?

Buffett took control of Berkshire in 1965, back when the company was a struggling textile manufacturer.

In a 2010 letter to shareholders, he recounted his experience in those early days:

‘Berkshire was then only intextiles, where it had in the previous decade lost significant money. The dumbest thing I could have done was topursue ‘opportunities’ to improve and expand the existing textile operation – so for years that’s exactly what Idid. And then, in a final burst of brilliance, I went out and bought another textile company. Aaaaaaargh!Eventually I came to my senses, heading first into insurance and then into other industries.’

Many people have tried to explain Buffett’s success in recent years. One recent Financial Times article titled “How Buffet Did It” notes that his strategy is “more than great stock picks and insurance premiums.”

An older paper called ‘Buffett’s Alpha’ suggests that his exposure to low-risk, cheap and high-quality stocks is key.

“(He) has boosted his returns by using leverage, and that he has stuck to a good strategy for a very long time period, surviving rough periods where others might have been forced into a fire sale or a career shift,” states the paper, which was written by Andrea Frazzini, David Kabiller and Lasse Heje Pedersen.

‘We estimate that Buffett applies a leverage of about 1.7-to-1, boosting both his risk and excess return in that proportion. Thus, his many accomplishments include having the conviction, wherewithal, and skill to operate with leverage and significant risk over a number of decades,’ the authors also note.

Who is Buffett’s successor?

Abel has been with Berkshire since 2000, when Berkshire bought MidAmerican, an energy company he had been running. He joined the board as vice chairman, non-insurance operations, in 2018.

MidAmerican was renamed Berkshire Hathaway Energy (BHE), with Abel serving as its chief executive officer from 2008 to 2018. He remains the company’s chair as of writing. At both MidAmerican and Berkshire, Abel was mentored by David Sokol, who seemed a likely successor to Warren Buffett until he resigned from Berkshire in 2011.

Abel was named vice chairman in 2018 along with Ajit Jain. In a 2014 letter to shareholders, Buffett’s longtime right-hand man, Charlie Munger, who passed away in 2023, wrote about the two as potential successors.

‘Ajit Jain and Greg Abel are proven performers who would probably be under-described as ‘world-class.’ ‘World-leading’ would be the description I would choose,’ said Munger.

‘In some important ways, each is a better business executive than Buffett.’

Buffett has also spoken highly of Abel, saying in 2023, ‘Greg understands capital allocation as well as I do. That’s lucky for us. He will make those decisions, I think, very much in the same framework as I would make them. We have laid out that framework now for 30 years.’

Berkshire’s path forward under Abel

Buffett’s words indicate that he sees Berkshire and Abel following the framework he has laid out.

Of course, there may be some evolution. Morningstar analyst Gregg Warren notes that the ‘groundwork for a successful transition’ at Berkshire has been in place for decades.

He also notes that Buffett and Munger were skilled at acquiring businesses that were a good cultural fit.

“We expect this to continue, believing that Berkshire’s culture of management autonomy and entrepreneurship has become institutionalized,’ Warren explains in a recent article.

‘ However, the new managers will probably work with a slightly different opportunity set, and we believe they will evolve Berkshire from what has historically been a reinvestment machine into one that is more focused on returning capital to shareholders, which is what we would expect of a company of this size with limited investment opportunities.”

Warren also comments that Berkshire currently doesn’t pay a dividend. This principle is because of Buffett’s belief that retained earnings should yield greater value than cash payouts.

Warren said this may change after Abel takes over, underlining that issuing a dividend could help Berkshire retain shareholders who may consider selling once Buffett is no longer at the helm.

Berkshire’s recent activities include diversification of its portfolio via strategic acquisitions and investments.

In January 2025, Forest River Bus & Van, a Berkshire subsidiary, announced its acquisition of L.A. West Coaches to enhance its product portfolio in the luxury transportation market.

“This partnership represents a shared commitment to excellence and innovation,” said Douglas Wright, group general nanager of Forest River Bus & Van. “L.A. West Coaches’ proven expertise and dedication to quality align with our values, and we look forward to collaborating to expand our product range.”

BHE is also currently exploring the production of lithium carbonate and other minerals from its geothermal power plants in California’s Imperial Valley, aligning with the company’s interest in renewable energy and sustainability.

BHE Renewables publicized a joint venture with Occidental Petroleum (NYSE:OXY) in June 2024, saying that this will be useful for the demonstration and deployment of TerraLithium’s direct lithium extraction.

Occidental is the owner of TerraLithium, a company that provides a technology platform for extracting lithium from geothermal and other brines to produce ultra-pure battery-grade lithium hydroxide and lithium carbonate.

Once the demonstration is successful, BHE Renewables plans to build, own and operate commercial lithium production facilities in California’s Imperial Valley. The joint venture also plans to license the technology and develop commercial lithium production facilities outside the Imperial Valley.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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PHOENIX — Clay Holmes was initially stunned, then numb and eventually, well, rather intrigued.

Here he was, a two-time All-Star closer with 307 career appearances in the bullpen, never pitching more than 70 innings in any of his eight seasons, and suddenly he’s being asked to make a dramatic career change.

He had one, then two, then three teams calling him this winter to inquire whether if he was interested in giving up his role as a reliever, and be converted into a starter.

Meanwhile, three other teams called and made him offers to remain as a closer or late-inning reliever.

Holmes, a free agent for the first time, not only had to decide where he wanted to play – but what he wanted to do.

He could continue closing and accept one of the offers guaranteeing him more than $40 million.

Or he could gamble, earn a bit less money as a starting pitcher and take on a role he hadn’t played since his rookie season in 2018.

Holmes, 32, bet on himself.

He signed a three-year, $38 million contract with the New York Mets, believing he could potentially go where no pitcher has gone since Hall of Famer John Smoltz.

Holmes, who grew up in Georgia as a huge fan of the Atlanta legend, could become the only active player to be an All-Star as both a reliever and starting pitcher.

Holmes, who starts Friday in a first-place matchup against the Chicago Cubs at Citi Field in New York, is putting himself in the All-Star conversation with a 4-1 record and 2.95 ERA. He not only has been one of baseball’s biggest surprises, but also invaluable to the Mets this season, who have been without veteran starters Frankie Montas and Sean Manaea.

“I definitely went into the offseason not expecting to be a starter,’ Holmes told USA TODAY Sports. “I mean, it wasn’t like the World Series ended and I went out seeking to be a starter. It was nothing I thought about.

“Then a couple of weeks later, my agent came to me and said there’s a couple of teams that are throwing out the idea, and were gauging my interest. I started thinking about it, and said, ‘Hey, why not? Let’s see what’s out there.’ ‘

‘Sense of desire from the Mets’

The Mets weren’t the first team to express interest in Holmes as a starter, said B.B. Abbott, Holmes’ agent, but they were the most convincing. They showed how their analytical studies proved it will work. Holmes was also familiar with manager Carlos Mendoza and assistant pitching coach Desi Druschel, his former Yankee coaches. And he loves playing in New York.

“They did a good job laying it all out for him,’ Abbott said. “They saw his pitches. They had the analytic guys talk to him. Ultimately, it down to the familiarity of the staff, the way they were going to utilize him, the comfort of New York, and being on a winning team.’

The Yankees, who helped develop Holmes into one of the game’s top closers, never once did brought up the idea of Holmes becoming a starter. They were lightly engaged in talks with him in the offseason about a possible return, but strictly as a reliever.

“I mean, there were jokes about it last year,’ Holmes said, “but that was it. I started throwing a change-up in bullpen sessions, and before you knew it, I was throwing five [different] pitches down there. There would be jokes about it, like ‘man, you should be starting with all of these pitches,’ but it was nothing more than a joke.

“But when the idea came up in the offseason, it really got my the wheel turning, like, I know I can do this. I can expand my arsenal.’

Abbott knew that Holmes was taking the idea seriously and by the time it was ready to make a decision, Holmes was informed he could make more money remaining as a closer, but the challenge burned inside him.

“Clay has always been very analytical, very intelligent, and he grasps the analytic side of pitching,’ Abbott said. “He always talked about stuff he was working on. So, it didn’t surprise me, honestly. What surprised me was how many teams were along for the ride. Some teams weren’t even interested in signing him but were asking questions, ‘Hey, did you ever think about starting?’

“Well, he had some curiosities in the back of his mind, but it sure wasn’t anything we discussed. He’s just a guy who loves to be intellectually and physically challenged.’

The Mets ultimately proposed that challenge, and Holmes was ready to embrace it, intrigued by Mets president David Stearns and the coaching staff’s plans for him.

“I felt like there was a real sense of desire from the Mets,’ Holmes said. “Stearns asked me a lot of questions, and there was a real belief that I could not only be just a starter, but a really good starting pitcher. I think that goes a long way, and obviously just a desire to win and what they’re trying to build here with the Mets.

“They really just drew me in, and it felt right.’

‘He had the weapons’

Still, despite all of the analytics and belief by the Mets that it could be possible, Holmes’ conversion was a surprise move for a team vying to win its first World Series title since 1986.

“I remember when we first signed him,’ Mets reliever Ryne Stanek said, “and I was like, ‘Oh, that’s cool. That’s a good deal. He’s going to really help our bullpen.’ But then when I heard he was going into the rotation, I sure didn’t see that coming.

“And when I saw him in spring training, I thought, ‘You know, if there’s someone that can do it, it’s him. He’s just such a good pitcher, and he’s been in those tight ballgames in big environments. If things get a little hairy, he can go out and do it.’

Said Mets All-Star right fielder Juan Soto, who played for the Yankees last season: “I never thought about him being a starter. Never. I mean, I knew he worked hard every day, but to go from throwing one inning to being a starter, that’s tough. What he’s doing now is so impressive.’

Seven starts into the season and Holmes now has everyone in New York believing in him, hoping it can last all season. He has pitched 36 ⅔ innings, already just 27 ⅓ innings shy of last year’s entire total.

“Physically, he’s a big boy (6-foot-5, 245 pounds), so if someone can manage that workload and make that transition, it would be him,’ Mendoza said. “My biggest question making that transition was what his third and fourth pitches would be, because in my years with the Yankees, it was sinker/slider. He was very tough on righties, so I knew as a starter, teams were going to load up with the lefties.

“Well, what we’ve seen is that with teams loading up lefties against him, the changeup is not just a pitch, it’s a weapon.’

Said Druschel: “All of his pitches are above average, but that changeup has been devastating.’

Holmes, who had not thrown a single changeup in a game since 2019 with the Pirates, has already thrown 98 this season, accounting for 16% of his pitches. Hitters have been virtually helpless, batting just .182 with only one extra-base hit and a 38% swing-and-miss rate. He now has had a six-pitch mix with his sinker (35%), changeup (16%), sweeper (16%), slider (13%), cutter (11.9%) and four-seam fastball (8.9%).

“There was really not a need for the changeup before,’ Druschel said, “but with the transition, we needed more depth in his repertoire to go multiple times through the order. Then, he’s in tune and adept with the analytics and understanding the numbers. You know, ‘I need this for this purpose with lefties or righties or whatnot. I need to fill these gaps,’ and that’s basically what he’s done.

“I was pretty sure that he had the weapons, and I was really confident that he would be able to do this because he’s so smart. He knew he had to train differently to be a starter than a reliever.’’

Holmes spent the winter in Georgia working on his conditioning, improving his cardiovascular activity, and began throwing earlier than in the past. Holmes has never thrown this much by early May since 2018, but he insists he feels fresh.

The $38 million question now is whether he can sustain this workload for an entire season.

It was just a year ago when Jordan Hicks was converted from a reliever to a starter with the San Francisco Giants. Everything went smooth for the first 11 starts when he was 4-1 with a 2.33 ERA, but he was out of the starting rotation two months later. He never won another game, finishing with a 6.10 ERA the final four months, yielding a .321 batting average and .920 OPS.

The Mets are carefully monitoring Holmes. They have used a six-man rotation, and with a scheduled day off each week during May, will be able to give all of their starters an extra day between starts. Holmes, who has not gone longer than six innings or thrown more than 92 pitches in his seven starts, has pitched just once since April 26.

‘You train the body to accept the demands that you’re asking of it, which he has, I see no reason why you can’t push that innings limit up to any normal starter,’ Druschel said.

Besides, if he needs a role model, he has to look no further than former teammate Michael King of the San Diego Padres. They were in the Yankee bullpen together when King was traded to the Padres in the Soto trade. King became a full-time starter with the Padres, increased his workload from 104 ⅔ innings in 2023 to 185 ⅔ across the regular season and postseason last season, and felt as strong in October as April.

“I mean you can look at some of the older guys,’ Holmes said. “They would go from being a reliever to a starter, and go from 65 innings to 200 innings, four years in a row, and have no problems. So, we’ll see. If we need to recalibrate, we can.’

For now, well, the biggest adjustment may be his souvenir baseball collection. He saved the baseball from each of his 74 career saves with the Yankees, but now that he’s a starter, well, the cupboard remains bare.

“Well, maybe when I get that first complete game,’ he said, laughing. “Right now, I’m more focused on making the adjustment in my routine.’

‘Journey’ going perfect so far

When Holmes was with the Yankees, he showed up at the ballpark knowing he could be appearing in any game. Now that he’s a starter, he’s five days’ notice.

“As a reliever, there’s a there’s just a certain energy the way you kind of go about things,’ Holmes said. “It’s like your whole day is just building to a moment. You become accustomed to that. It’s a thing you really enjoy, kind of a thrilling experience.

“As a starter, it’s just very different, you spend the week preparing for that moment. Even though I’m not impacting the game every day, which I miss, just the starter routine and be able to make a huge impact on that one game is something I enjoy more than I thought. Instead of having that quick adrenaline rush, you have a slow buildup.

“So far, this journey has been great, and this thing honestly has worked out perfectly so far.’

Certainly, Holmes’ transition has drawn the attention of pitchers around baseball.

“For him to do this is pretty impressive,’ said Arizona Diamondbacks veteran Shelby Miller, who spent the first seven years of his career as a starter and the past four as a reliever. “You see a lot of starters go into the bullpen later in their careers, but pretty rare to go as a reliever to a starter. It’s really special to see him do this.’

If Holmes continues his success, he could be helping open the door for teams to experiment with their own relievers, knowing that a pitcher who can make 30 starts a year is more valuable than someone pitching 60 to 70 innings out of the pen. Look at Seth Lugo. He was a reliever for most of his time with the Mets, signed with the Padres and became a full-time starter and last year finished second in the AL Cy Young race by going 16-9 with a 3.00 for the Kansas City Royals.

“There’s a lot of relievers in the big leagues who were starters at some point,’ Holmes said, “so there might be some desire there. I think as the game grows, and the ability to have the different pitch designs, you might see more guys doing it now. Teams are looking for value, and if they see guys in the pen that they might be able to move into the starting rotation, they’re going to be open to doing that.

“We’ll see where it all goes.

“But I can definitely see a trend happening, and it feels good to be a part of it.’

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The 2025 NBA playoffs continued Friday with Game 3 between the Cleveland Cavaliers and Indiana Pacers. 

Donovan Mitchell’s 43-point performance guided the Cavaliers to a 126-104 rout over the Pacers and their first victory in the series. Indiana still holds a 2-1 lead with the road team winning each game in the series.

While Mitchell had a busy night, it was a fairly quiet night for Pacers star Tyrese Haliburton, who was limited to just four points.

Jarrett Allen (19 points and 12 rebounds) and Evan Mobley (18 points and 13 rebounds) produced double-doubles in the victory. Max Strus added 20 points.

The Pacers staged a remarkable comeback in Game 2, winning 120-119 when Haliburton made a last-second 3-pointer to sink the top-seeded Cavaliers. Bennedict Mathurin scored a team-high 23 points for Indiana.

Cavaliers vs. Pacers highlights

Final: Cavaliers 126, Pacers 104

End of third quarter: Cavaliers 97, Pacers 79

The Pacers outscored the Cavs 34-31 in the quarter after Indiana showed signs of life with an 11-2 run during a two-minute stretch in the third quarter. The Cavs were able to gain some momentum after Myles Turner left the game briefly.

Turner went back to the locker room with close to six minutes left in the quarter after a potential foot injury. Turner returned just minutes later after having his ankle retaped.

The Cavs have led by as many as 24 points through the first three quarters of play. The Pacers have not led at any point during the game.

End of second quarter: Cavaliers 66, Pacers 45

The Cavaliers outscored the Pacers 34-13 in the second quarter to take a comfortable lead into the locker room. Donovan Mitchell produced 17 points and five rebounds in the first half while Jarrett Allen and Max Strus finished with 13 points each.

Tyrese Haliburton went scoreless in the second quarter for the Pacers after scoring just two points in the first quarter.

The Pacers shot just 3-for-11 against the Cavaliers’ zone defense in the first half. All three shots came in the second quarter, according to ESPN.

End of first quarter: Cavaliers 32, Pacers 32

It was a roller coaster first quarter in Indianapolis.

The Cavaliers sprinted out to an 11-0 lead and pushed it to 19-5, but Indiana slowly crawled back throughout the frame and tied it up with under 5 seconds to play on a Ben Sheppard 3-pointer.

Myles Turner has a game-high 12 points for Indiana, and Bennedict Mathurin added eight off the bench. Evan Mobley and Max Strus led Cleveland with eight points apiece in the first.

What time is Cavaliers vs. Pacers Game 3?

Game 3 between the Cleveland Cavaliers and Indiana Pacers will tip at 7:30 p.m. ET on Friday at Gainbridge Fieldhouse in Indianapolis on Friday, May 9.

How to watch Cavaliers vs. Pacers Game 3: TV, stream

  • Time: 7:30 p.m. ET
  • Location: Gainbridge Fieldhouse (Indianapolis)
  • TV: ESPN
  • Stream: Fubo

Watch Cavaliers-Pacers Game 3 with Fubo

Cavaliers vs. Pacers NBA playoff schedule, results

(Pacers lead series, 2-0)

  • Game 1: Pacers 121, Cavaliers 112
  • Game 2: Pacers 120, Cavaliers 119
  • Game 3: Cavaliers at Pacers | Friday, 7:30 p.m. | ESPN, Fubo
  • Game 4: Cavaliers at Pacers | Sunday, May 11 | 8 p.m. | TNT, truTV, Max, Sling TV
  • Game 5: Pacers at Cavaliers | Tuesday, May 13 | TBD | TNT, truTV, Max, Sling TV*
  • Game 6: Cavaliers at Pacers | Thursday, May 15 | TBD | ESPN, Fubo*
  • Game 7: Pacers at Cavaliers | Sunday, May 18 | TBD | TBD*
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Connor Hellebuyck made 21 saves to help the Winnipeg Jets even their Western Conference semifinal series against the Dallas Stars with a 4-0 win in Game 2 on Friday night.

Hellebuyck, the front-runner to win a third Vezina Trophy as the NHL’s top goalie and also also finalist for the Hart Trophy, has 49 shutouts in his career, including four in the postseason.

Game 3 in the best-of-seven series is scheduled for Sunday afternoon in Dallas.

Nikolaj Ehlers had two goals and an assist, Gabriel Vilardi and Adam Lowry also scored and Dylan DeMelo had two assists for the Jets, who won the Presidents’ Trophy for the best record during the regular season.

Jake Oettinger turned aside 21 shots for the Stars, who were coming off a 3-2 road victory in Game 1 on Wednesday.

Tyler Seguin was called for a double-minor high-sticking penalty on Josh Morrissey 17 seconds into the game, and Vilardi scored with 42 seconds left on the four-minor power play to give the Jets a 1-0 lead.

Ehlers took a shot that clipped off Oettinger’s skate, hit the post, came back and hit Oettinger’s skate blade and was heading back toward the goal line when Vilardi pushed it across.

Morrissey had missed Game 1 after sustaining an upper-body injury in Game 7 against the St. Louis Blues on Sunday.

The Jets scored again when a centering pass by Ehlers went off the skate of Dallas defenseman Esa Lindell and redirected into his own net, giving Winnipeg a 2-0 lead at 7:07 of the first.

The Jets extended the lead to 3-0 at 11:02 of the second.

A shot from the right point by DeMelo was deflected wide and caromed off the end boards and out the other side. Lowry was there to sweep the puck into the net from the bottom of the left circle before Oettinger could slide over.

Hellebuyck made two more Grade-A saves in the second period, a sprawling stop on Evgenii Dadonov at 14:16, followed by a left pad save on Jamie Benn off a rush at 15:32.

Hellebuyck led the NHL in wins (47), goals-against average (2.00) and shutouts (eight) during the regular season, and was second in save percentage (.925). However, he had struggled in the playoffs entering Game 2, owning a 4-4 mark,a 3.75 GAA and a .836 save percentage.

Ehlers scored into an empty net with 3:40 left to make it 4-0.

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The defending champion Florida Panthers are back in their second-round series after downing the Toronto Maple Leafs 5-4 in overtime Friday.

Trade deadline acquisition Brad Marchand, a thorn in the Maple Leafs’ side during his Boston Bruins days, added a new chapter with his winning goal at 15:27 of overtime. It has his fourth career playoff overtime goal and also his 14th postseason game-winner, tops among active players.

The Panthers now trail the best-of-seven series 2-1 after coach Paul Maurice’s moves paid off.

He swapped out the entire fourth line, which provided energy and a goal. He also tweaked the top two lines, which were highly effective.

The Panthers still had to come back from 2-0 and 3-1 deficits to win. Sergei Bobrovsky, who looked shaky early, made several big saves in overtime in a game that was filled with lots of hits and fluky goals.

USA TODAY Sports provided live coverage for Game 3 between the Florida Panthers and Toronto Maple Leafs. Here are updates and highlights:

Panthers vs. Maple Leafs highlights

Panthers social media staff grateful for Marchand

Game 3 recap

Panthers-Maple Leafs final score: Brad Marchand wins it in overtime

Brad Marchand scores at 15:27 of overtime. After sustained pressure in the zone, Marchand skates toward the left faceoff circle and his shot hits something and deflects over Joseph Woll’s shoulder for a 5-4 win. The Panthers cut their series deficit to 2-1.

Another Sergei Bobrovsky save

Matthew Knies tracks down a loose puck, breaks in alone and Bobrovsky stops him.

Seven minutes left

Joseph Woll keeps the puck out as Panthers press. They’re scraping the ice with 6:56 left.

Big save by Sergei Bobrovsky

He stops William Nylander, who broke in after a long pass from the Leafs zone.

Overtime begins

Maple Leafs kill off the remaining 13 seconds of Max Pacioretty’s penalty.

Goal change

Jonah Gadjovich is awarded the goal originally given to Tomas Nosek. The puck defected off Gadjovich.

End of third period: Panthers 4, Maple Leafs 4

Morgan Rielly tied the game with a fluke goal in the third period. The Maple Leafs get some big blocks during a late Panthers power play and Sam Reinhart hits the post. We’re heading to overtime.

Maple Leafs hit crossbar

Game still tied.

Penalty missed

Morgan Rielly high-sticks Anton Lundell, but nothing is called.

Panthers-Maple Leafs score: Morgan Rielly scores on fluke play

He throws the puck at the end. Sergei Bobrovsky makes a blocker save and the puck goes off Panthers defenseman Seth Jones leg and into the net. Rielly had accidentally knocked the puck into his own net earlier in the game. Panthers 4, Maple Leafs 4

End of third period

This game has had several goals involving strange bounces and the Maple Leafs tie the game on one when Sergei Bobrovsky makes a blocker save and the puck goes off Panthers defenseman Seth Jones and into the net. Morgan Rielly got the goal. Both teams hit the post afterward and we’re going to overtime.

Panthers go on power play

Max Pacioretty is called for tripping Seth Jones. There’s 1:47 left in regulation. Sam Reinhart hits the post. Maple Leafs get some blocks and it’s heading to overtime. There will be 13 seconds left on the power play once overtime starts.

Midway through third period

More deliberate pace so far. Shots are 3-2 Toronto.

Third period underway

Goalie Joseph Woll was a near-giveaway early but recovers to stop Anton Lundell.

End of second period: Panthers 4, Maple Leafs 3

Toronto scores early and Florida controls like, just like the first period. The difference this time: Florida puts in three goals to take the lead. The Panthers led in shots, 9-4, and had another 20-plus hits in the period. The Maple Leafs led after two periods in the first two games of the series

Tomas Nosek slow to get up

Tomas Nosek, who scored the go-ahead goal, barrels into the net and is slow to get up. He starts heading to the dressing room but comes back to the bench.

Maple Leafs-Panthers score: Florida takes lead

Panthers coach Paul Maurice changed out his fourth line and the new one connects. Tomas Nosek takes a shot that deflects several times. He’s credited for now, his first goal of the playoffs. Fourth line looking good in this game. Panthers 4, Maple Leafs 3

Maple Leafs go on power play

Dmitry Kulikov holds Max Domi. Toronto already has a power-play goal in this game. Florida’s Brad Marchand gets the best chance. Penalty killed.

Maple Leafs-Panthers score: Carter Verhaeghe ties it up

Carter Verhaeghe has a wide-open net after a great pass from Sam Bennett. Two Florida goals in 64 seconds and we’re tied. Panthers 3, Maple Leafs 3

Maple Leafs-Panthers score: Florida scores weird goal

Brandon Carlo uses a broken stick to stop the puck from crossing the line. Sam Reinhart scores but it’s not clear that’s in until a replay shows the puck over the line. Maple Leafs 3, Panthers 2

Maple Leafs-Panthers score: John Tavares scores again

With the Maple Leafs on a power play, John Tavares tips a Mitch Marner point shot. It goes in off Panthers defenseman Gustav Forsling. Maple Leafs 3, Panthers 1

Second period underway

2-1 Toronto.

End of first period: Maple Leafs 2, Panthers 1

Florida got off to a disastrous start by giving up a Mathew Knies goal 23 seconds in, the Maple Leafs’ quickest playoff goal in 62 years. Toronto added another goal off the rush (Florida was too aggressive on the forecheck) before the game was six minutes old. But the Panthers started controlling play after and got an Aleksander Barkov goal (knocked in by Morgan Rielly). Shots are 12-10 Toronto. Florida has a huge edge in hits, 24-10.

Panthers back on power play

Max Domi called for roughing Carter Verhaeghe. But power play doesn’t last long. Verhaeghe is called for holding the stick. Before Florida can touch the puck, Mitch Marner is stopped on a short-handed breakaway. Florida kills off the abbreviate Toronto power play.

Panthers go on power play

Brandon Carlo in the penalty box for his hit on Matthew Tkachuk. Panthers get some looks, Sam Reinhart hits the post and Toronto kills it off.

Panthers-Maple Leafs score: Aleksander Barkov gets one back

Aleksander Barkov throws a hit, takes a Sam Reinhart pass and drives the net. Morgan Rielly accidentally puts it into his own net. Maple Leafs 2, Panthers 1

Panthers-Maple Leafs score: John Tavares doubles lead

Maple Leafs get a 3-on-2 break. John Tavares gets the puck and scores on a wraparound at 5:57. Sergei Bobrovsky can’t get back in time. Max Pacioretty and William Nylander continue their strong play by picking up the assists. Maple Leafs 2, Panthers 0

Panthers-Maple Leafs score: Toronto strikes early

Matthew Knies scores 23 seconds into the game. Not the start Florida wants. Knies knocks in a rebound after Mitch Marner’s shot hits the crossbar. Maple Leafs 1, Panthers 0

Game underway

Auston Matthews line vs. Aleksander Barkov line.

What time is Panthers vs. Maple Leafs?

Game 3 between the Florida Panthers and Toronto Maple Leafs will start at 7 p.m. ET on Friday, May 9, at Amerant Bank Arena in Sunrise, Florida.

How to watch Panthers vs. Maple Leafs playoff game: TV, stream

  • Date: Friday, May 9
  • Time: 7 p.m. ET
  • Location: Amerant Bank Arena in Sunrise, Florida
  • TV: TNT, truTV
  • Stream: Sling, Max

Panthers vs. Maple Leafs, Game 3

Panthers lineup change

According to the Panthers roster report, Tomas Nosek, A.J. Greer, Jonah Gadjovich are dressing for this game, replacing fourth-liners Mackie Samoskevich, Nico Sturm and Jesper Boqvist. Evan Rodrigues moves to the top line and Carter Verghaeghe goes to the second line.

Sergei Bobrovsky stats in second round

Panthers goalie Sergei Bobrovsky uncharacteristically has given up nine goals on 50 shots in the series.

‘Our confidence (in Bobrovsky) is never wavering,’ forward Sam Reinhart said. ‘We feel we’ve got the best goalie in the world back there. Our job is to make it as easy as possible for him. I think we can do a better job of that.’

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INDIANAPOLIS — Donovan Mitchell scored 43 points for a second consecutive 40-point outing, but this time it didn’t come in defeat as the Cavaliers beat the Pacers 126-104 in Game 3 of the Eastern Conference semifinals at Gainbridge Fieldhouse.

The Cavs trimmed the Pacers’ series lead to 2-1, avoiding the 3-0 deficit from which no NBA team has ever come back. Game 4 is 8 p.m. ET, Sunday at Gainbridge Fieldhouse. The Cavs’ win guarantees the series will go at least five games with Game 5 being in Cleveland.

Guard Max Strus had 20 points and seven assists for the Cavs. Center Jarrett Allen had 19 points and 12 rebounds. Forward Evan Mobley had 18 points and 13 rebounds. Bennedict Mathurin led the Pacers with 23 points. Forward Pascal Siakam added 18. Center Myles Turner added 15.

Here are three observations.

Donovan Mitchell, Evan Mobley refuse to allow Cavs to get swept

Mitchell gave the Cavs 48 points in a sensational performance in Game 2, but it still wasn’t enough for the Cavs to avoid a fourth-quarter collapse. He wasn’t about to let it happen again, and he also had more stars available to help him with Darius Garland, Evan Mobley and De’Andre Hunter all back after missing Game 2 with injury.

Mitchell, as he has been all series, was impossible to keep away from the rim without fouling. He scored 43 points on 14-of-29 shooting with much of that coming at the rim, but he also hit 5-of-13 3s. He was also 10-of-14 at the line and when he wasn’t scoring he was playmaking for others. He grabbed nine rebounds and also dished out five assists.

The Cavs had four other players in double figures but Mobley was the most important on both ends. He scored 18 points on 6-of-13 shooting but he was a bigger game-changer on the defensive end. The NBA’s Defensive Player of the Year grabbed 13 rebounds, including eight on defense, blocked three shots and registered three steals.

Pacers fall apart in second quarter

In three of the past four games, the Pacers have put together a truly awful offensive quarter in the first half to dig a hole for themselves. In Friday’s case it was the second quarter after a 13-point first quarter against the Bucks in Game 5 of the first round and a 15-point first quarter against the Cavs in Game 2.

The Pacers seemed totally flummoxed by the 3-2 zone the Cavs used, and Mobley personally blew up a lot of what the Pacers were trying to do. They lost the period 34-13 making just five of 22 field goals and missing all 11 of their 3-point shots. They managed five paint buckets in the period but that was almost all the offense they could muster.

Bennedict Mathurin brings another strong bench performance

In each game so far in this series, Mathurin has brought a spark to the Pacers when they absolutely had to have it and brought a sustained level of force on both ends.

The third-year wing broke the Pacers out of an early first-quarter funk with three buckets, including a pair of 3s. That helped the Pacers turn an 0-of-7 start from the field and a stretch where only Myles Turner could score points into a 32-point first quarter.

From there, Mathurin kept attacking the rim and kept drawing fouls and showed some shooting touch. He finished with 23 points on 6-of-11 shooting, including 3-of-8 from 3-point range and 8-of-9 from the line. He also caused Garland trouble on defense, getting him to pick up his fourth foul at a critical time.

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