The Milwaukee Bucks set an NBA record for three-pointers in a game, draining 29 from beyond the arc in a 144-97 blowout win over the Miami Heat on Tuesday.
The Heat, who stunned the top-seeded Bucks in the second round of the 2020 Eastern Conference playoffs en route to the NBA Finals, never got a look in, trailing by as many as 51 in a game Milwaukee led all the way.
Sam Merrill drilled the record-breaking 28th three-pointer of the game, surpassing the 27 set by the Houston Rockets against the Phoenix Suns on April 7, 2019.
Jrue Holiday had six three-pointers on the way to 24 points. Khris Middleton, who led the Bucks with 25 points, made four of five from three-point range.
Starting guard Donte DiVincenzo's 17 points included five three-pointers, and Brook Lopez had three treys on the way to 14 points.
Two-time reigning Most Valuable Player Giannis Antetokounmpo was the only Bucks starter not to make a three-pointer, coming up empty on two attempts in a nine-point performance.
His brother Thanasis Antetokounmpo drained one three-pointer for the family on the way to five points off the bench for the Bucks, who simply steamrolled a Heat team that was without injured forward Jimmy Butler.
"Honestly, (we) just played hard," Holiday said. "We know the Heat way and how they're going to come out and play no matter who's playing.
"So we just wanted to take that approach."
It was a bounce-back win for the Bucks, who were blown out 130-110 by the Knicks in New York on Sunday.
"Last game in New York, we didn't show what we wanted to show," Holiday said.
They left no doubt in this one, leading by as many as 24 points on the way to a 46-26 first-quarter lead and never let up.
"Some nights, the basketball golds are with you a little bit, and it was probably one of those nights for us," Bucks coach Mike Budenholzer said.
"But I liked our defense, too. I think the energy on both ends of the court feeds and builds on each other and good things will happen."
The Bucks' previous record for three-pointers in a game was 22, against the Sacramento Kings on November 4, 2018.
The most the Heat had given up before was 24.
"It looked like they had been thinking about this game for 80 days," said Heat coach Erik Spoelstra, whose team will get a chance to avenge the embarrassing defeat when they host the Bucks again on Wednesday.
Clippers rebound in win over Wolves
The Los Angeles Clippers also rebounded from a big defeat.
Two days after a 124-73 loss to the Dallas Mavericks the Clippers beat the Minnesota Timberwolves 124-101.
Lou Williams scored 20 points off the bench to lead seven Clippers players who scored in double figures.
"We knew coming tonight we had to do better," said Clippers center Serge Ibaka, who scored 16 points. "We had to be aggressive, just play team basketball."
The Philadelphia 76ers, coming off a lopsided loss to Cleveland, beat the Toronto Raptors 100-93.
Center Joel Embiid, who sat out Sunday's 24-point loss to the Cavaliers with a tight back, led the Sixers with 29 points and 16 rebounds.
Randle leads Knicks
Elsewhere, Julius Randle posted a triple-double of 28 points, 12 rebounds and 11 assists to lead the New York Knicks to a 95-86 victory over the Cleveland Cavaliers.
But Russell Westbrook's triple-double of 21 points, 15 rebounds and 11 assists -- his third in as many appearances in the young season -- again went for nothing as his Washington Wizards fell 115-107 to the Chicago Bulls.
Zach LaVine led the Bulls with 23 points, and Wendell Carter Jr. added a double-double of 10 points and 12 rebounds as Chicago notched their first win of the season.
Denver center Nikola Jokic also had a triple-double in a losing effort, his 26 points, 11 rebounds and 12 assists not enough in the Nuggets' 125-115 loss to the Sacramento Kings -- who were led by the 24 points of De'Aaron Fox.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
England's all-time record goalscorers:
Wayne Rooney 53
Bobby Charlton 49
Gary Lineker 48
Jimmy Greaves 44
Michael Owen 40
Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29
The past Palme d'Or winners
2018 Shoplifters, Hirokazu Kore-eda
2017 The Square, Ruben Ostlund
2016 I, Daniel Blake, Ken Loach
2015 Dheepan, Jacques Audiard
2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan
2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
2012 Amour, Michael Haneke
2011 The Tree of Life, Terrence Malick
2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul
2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke
2008 The Class (Entre les murs), Laurent Cantet
A list of the animal rescue organisations in the UAE
Results
5pm: Maiden (PA) Dh80,000 (Turf) 1,200m, Winner: ES Rubban, Antonio Fresu (jockey), Ibrahim Aseel (trainer)
5.30pm: Handicap (PA) Dh85,000 (T) 1,200m, Winner: Al Mobher, Sczcepan Mazur, Ibrahim Al Hadhrami
6pm: Handicap (PA) Dh80,000 (T) 2,200m, Winner: Jabalini, Tadhg O’Shea, Ibrahim Al Hadhrami
6.30pm: Wathba Stallions Cup (PA) Dh70,000 (T) 2,200m, Winner: AF Abahe, Tadgh O’Shea, Ernst Oertel
7pm: Handicap (PA) Dh85,000 (T) 1,600m, Winner: AF Makerah, Tadhg O’Shea, Ernst Oertel
7.30pm: Maiden (TB) Dh80,000 (T) 1,600m, Winner: Law Of Peace, Tadhg O’Shea, Satish Seemar
The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
Results
5.30pm: Maiden (TB) Dh82,500 (Dirt) 1,600m, Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)
6.05pm: Maiden (TB) Dh82,500 (Turf) 1,400m, Winner: Mayehaab, Adrie de Vries, Fawzi Nass
6.40pm: Handicap (TB) Dh85,000 (D) 1,600m, Winner: Monoski, Mickael Barzalona, Salem bin Ghadayer
7.15pm: Handicap (TB) Dh102,500 (T) 1,800m, Winner: Eastern World, Royston Ffrench, Charlie Appleby
7.50pm: Handicap (TB) Dh92,500 (D) 1,200m, Winner: Madkal, Adrie de Vries, Fawzi Nass
8.25pm: Handicap (TB) Dh92,500 (T) 1,200m, Winner: Taneen, Dane O’Neill, Musabah Al Muhairi
RACE CARD
6.30pm Maiden (TB) Dh82.500 (Dirt) 1,400m
7.05pm Handicap (TB) Dh87,500 (D) 1,400m
7.40pm Handicap (TB) Dh92,500 (Turf) 2,410m
8.15pm Handicap (TB) Dh105,000 (D) 1,900m
8.50pm UAE 2000 Guineas Trial (TB) Conditions Dh183,650 (D) 1,600m
9.25pm Dubai Trophy (TB) Conditions Dh183,650 (T) 1,200m
10pm Handicap (TB) Dh102,500 (T) 1,400m
The specs: Macan Turbo
Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
