➤ The Arizona Attorney General’s Office dropped its charges against Jenna Ellis, a one-time attorney for former President Trump, in exchange for her cooperation in the state’s 2020 election case. (More)

➤ Speaker Mike Johnson urged President Biden on Tuesday to provide weapons to Israel following Monday’s suspected rocket attack, which wounded several U.S. service members at the Al-Asad Airbase in Iraq. (More)  

➤ Hezbollah launched a wave of drone and rocket attacks at Israel on Tuesday, warning of future attacks for Israel’s alleged part in the killing of Hamas leader Ismail Haniyeh. (More)

➤ A 66-year-old Virginia man was arrested and charged with making threats against Vice President Harris and other public officials in thousands of social media posts. (More)    

Flying together with our sponsor

➤ Miami Marlins slugger Jesús Sánchez hit the farthest home run of 2024 on Monday—a 116.4 mph, 480-foot blast that landed near the Marlins’ center-field scoreboard. (See Home Run)

➤ Florida International University approved a $6 million, five-year naming rights agreement with rapper Pitbull, rebranding its football venue as Pitbull Stadium. (More)

➤ The San Francisco 49ers gave star receiver Brandon Aiyuk permission to negotiate a contract with other teams amid reports that the New England Patriots and Cleveland Browns have put together possible trade packages. (More)

➤ Yesterday’s Results: MLB

American Cole Hocker won a shocking gold medal in the men’s 1500m race yesterday. As rivals Jakob Ingebrigtsen and Josh Kerr dueled down the backstretch, Hocker turned on the speed and passed them both, setting an Olympic record and becoming just the fourth American to win the event. (Watch)

Team USA’s Gabby Thomas blew past the competition in the women’s 200m final, grabbing the lead before the turn and cruising to a gold medal. (Video)

A breaching whale surprised everyone on Monday during the final day of the Paris Olympics surfing competition in Tahiti, creating a once-in-a-lifetime moment for fans, athletes, and photographers. (Watch Video) 

Speaking of Olympic surfing, U.S. surfer Caroline Marks won the women’s gold medal on Monday, her first Olympic medal. (More)  

What to watch: Today is a busy day for Team USA. The men’s volleyball team is facing Poland in the semifinals, and the men’s water polo team is up against Australia in the quarterfinals. Later, the women’s basketball team will play Nigeria in the quarterfinals. (See Full Schedule of Events) 

Paris 2024 Results: Events | Medals   

Flying together with our sponsor   

Over the last 20 years, record prices achieved for Banksy’s art have grown at an astounding 63% compound annual rate. Even more impressive? It’s not just the ultra-wealthy benefiting from this phenomenal growth. Thanks to Masterworks.

Masterworks enables its 820,000+ users to access investments in multi-million dollar artworks by artists like Banksy, Basquiat, and Picasso for just a fraction of the cost of an entire piece.  When Masterworks sells a painting, like the 16 it’s already sold, investors can get a return on their investment. With three recent sales, Masterworks investors realized net annualized returns of 17.8%, 21.5%, and 27.3%.
Every offering is limited, and shares can sell out in just minutes, but The Flyover readers can skip the waitlist with this exclusive link. 

^{Past performance is not indicative of future returns; investing involves risk. See disclosures masterworks.com/cd}

Daily Market Report   08/06/2024

➤ Big Stock Move: Clear Secure, an identity verification technology company, soared 24% Tuesday after strong earnings and a $100 million share repurchase expansion. (More)

➤ Global stock markets, led by Tokyo’s Nikkei index surging 10.2%, rebounded on Tuesday following a widespread selloff, as mounting recession fears in the United States sparked calls for the Federal Reserve to implement early interest rate cuts. (See Details)

➤ JPMorgan Chase announced it’s expanding its branch network in smaller U.S. towns, aiming for accessible drive times for half the population. (More)

➤ Yum Brands announced its mixed Q2 results on Tuesday with earnings beating expectations but revenue missing, and KFC and Pizza Hut sales declining, while Taco Bell grew. (More)

Flying together with our sponsor

Can You Avoid Capital Gains by Buying Another Home?

When you sell your home, the IRS allows one major form of capital gains tax break: The home sale exclusion.

This could allow you to deduct a significant amount of the profit from your home sale to help minimize or potentially avoid capital gains taxes. There are two ways to approach this: one for homeowners and one for investment property owners. Find out how like-kind exchanges can potentially help avoid capital gains tax. Learn more.

If you’re looking for ways to decrease your tax burden on home or investment property sale, it could be worth speaking with a financial advisor. It’s possible they can help you understand your options and look for ways to save money on your tax bill. Try SmartAsset’s no-cost tool to get matched with up to 3 vetted financial advisors serving your area.

Get your financial advisor matches today.

➤ A new study suggests that a moon-forming collision may have briefly created multiple “hidden” moons orbiting Earth. (More) 

➤ NASA officials are considering options for the return of the Starliner crew, including delaying SpaceX’s Crew-9 mission launch set for August 18 and reducing its crew to accommodate Starliner astronauts, according to reports. (More)  

➤ A new drug shows promise in treating multiple sclerosis by repairing nerve damage. It’s currently being tested in patients and could potentially restore movement and function. (See Details)

Flying together with our sponsor

➤ There’s one common drink that could be causing your bladder leaks. It might not be what you think it is. It’s not soda, alcohol, or juice… But you are probably drinking it every single day, and it could be triggering your bladder issues… Especially if you’re over the age of 60. (Learn more)

➤ A couples therapist recommends a daily six-second kiss to strengthen relationships. This brief intimacy exercise triggers hormonal changes, fostering trust and a deeper connection between partners. (See Details)

➤ A new study challenges the belief that venting reduces anger. Instead, research suggests these calming activities to defuse fury. (See Activities)

➤ An astronaut’s 178-day journey beyond Earth’s atmosphere revealed hidden realities about our world, challenging everything we thought we knew. (See Details)

➤ A fugitive nicknamed “The Devil” was captured last week in Mexico after 20 years, where he worked as a police officer. He’s charged with a 2004 Ohio murder. (See Details)

➤ A beachgoer discovered 25 packages of cocaine worth over $1 million that washed up on a Florida Keys beach after Hurricane Debby hit. (See Photos)

➤ A Delta flight from Boston to Rome was struck by lightning and returned to Boston as a precaution. Passengers reported a “small pop” and rough landing. (More)

Flying together with our sponsor

Do you have a lucky number(s)?

1. Yes
2. No

Tuesday’s Results:

Did you know your spouse in high school?

1. No: 76.4%
2. Yes: 23.6%

Today’s Trivia

What animal was the source of purple dye in ancient Rome?

Show me the answer