
Israeli troops fire near US-backed Gaza aid sites; at least 10 killed: Report
Nearly a week has passed since Israel, under international pressure amid growing scenes of starving children, announced limited humanitarian pauses and airdrops meant to get more food to Gaza's over 2 million people, who now largely rely on aid after almost 22 months of war.
But the United Nations, partners and Palestinians say far too little aid is still coming in, with months' worth of supplies piled up outside Gaza waiting for Israeli approval. Trucks that enter are mostly stripped of supplies by desperate people and criminal groups before reaching warehouses for distribution.
Experts this week said a 'worst-case scenario of famine' was occurring in the besieged enclave. On Saturday, Gaza's health ministry said seven more Palestinians had died of malnutrition-related causes over the past 24 hours, including a child.
Aid is 'far from sufficient,' Germany's government said via spokesman Stefan Kornelius.
Families of the 50 hostages still in Gaza fear they are going hungry too, and blame Hamas, after the militants released images of an emaciated hostage, Evyatar David.
Also Read: Israel's big warning to Ali Khamenei: 'Will reach Iran and you personally'
More deaths near US-supported GHF sites
Near the northernmost GHF distribution site near the Netzarim corridor, Yahia Youssef, who had come to seek aid Saturday morning, described a panicked and grimly familiar scene. After helping carry three people wounded by gunshots, he said he saw others on the ground, bleeding.
'It's the same daily episode,' Youssef said. Health workers said at least eight people were killed. Israel's military said it fired warning shots at a gathering approaching its forces.
At least two people were killed in the Shakoush area hundreds of meters (yards) from where the GHF operates another site in the southernmost city of Rafah, witnesses said. Nasser Hospital in nearby Khan Younis received two bodies and many injured.
Witness Mohamed Abu Taha said Israeli troops opened fire toward the crowds. He saw three people — two men and a woman — shot as he fled.
Israel's military said it was not aware of any fire by its forces in the area. The GHF said nothing happened near its sites.
GHF says its armed contractors have only used pepper spray or fired warning shots to prevent deadly crowding. Israel 's military on Friday said it was working to make the routes under its control safer. Israel and GHF have claimed the toll has been exaggerated.
The GHF — backed by millions of dollars in US support — launched in May as Israel sought an alternative to the UN-run system, which had safely delivered aid for much of the war but was accused by Israel of allowing Hamas to siphon off supplies. Israel has not offered evidence for that claim and the UN has denied it.
From May 27 to July 31, 859 people were killed near GHF sites, according to a United Nations report published Thursday. Hundreds more have been killed along the routes of UN-led food convoys. Hamas-led police once guarded those convoys and went after suspected looters, but Israeli fire targeted the officers.
Airdrops by a Jordan-led coalition — Israel, the UAE, Egypt, France, and Germany — are another approach, though experts say the strategy remains deeply inadequate and even dangerous for people on the ground.
'Let's go back to what works & let us do our job," Philippe Lazzarini, the head of the UN agency for Palestinian refugees, wrote Saturday on social media, calling for more and safer truck deliveries.
Airstrikes continue
An Israeli strike hit a group of Palestinians trying to secure aid trucks entering northern Gaza from the Israeli-controlled Zikim crossing, killing at least three people, said Fares Awad, head of the health ministry's ambulance and emergency service.
Nasser Hospital said it received five bodies after two separate strikes on tents sheltering displaced people in Gaza's south.
The health ministry's ambulance and emergency service said an Israeli strike hit a house between the towns of Zawaida and Deir al-Balah, killing two parents and their three children. Another strike hit a tent near a closed prison where the displaced have sheltered in Khan Younis, killing a mother and her daughter.
Israel's top general Lt. Gen. Eyal Zamir warned that 'combat will continue without rest' if hostages aren't freed.
Hostage families push Israel to cut deal
US President Donald Trump's special envoy, Steve Witkoff, met with hostages' families Saturday, a week after quitting ceasefire talks, blaming Hamas's intransigence.
'I didn't hear anything new from him. I heard that there was pressure from the Americans to end this operation, but we didn't hear anything practical,' said Michel Illouz, father of Israeli hostage Guy Illouz, whose body was taken into Gaza.
He said he asked Witkoff to exert pressure and set a time frame but got 'no answers.'
Protesters called on Israel's government to make a deal to end the war, imploring them to "stop this nightmare and bring them out of the tunnels'
Coming home to ruins
In part of Gaza City, displaced people who managed to return home found rubble-strewn neighborhoods unrecognizable. Most Palestinians in Gaza have been displaced, often multiple times, and are crowded into ever-shrinking areas considered safe.
'I don't know what to do. Destruction, destruction," said Mohamed Qeiqa, who stood amid collapsed slabs of concrete and pointed out what had been a five-story building. 'Where will people settle?'
The war began when Hamas attacked southern Israel on Oct. 7, 2023, killing around 1,200 people, mostly civilians. Israel's retaliatory offensive has killed more than 60,400 Palestinians, according to Gaza's Health Ministry, which doesn't distinguish between militants and civilians but says women and children make up over half the dead. The ministry operates under the Hamas government. The UN and other international organizations see it as the most reliable source of data on casualties.
The ministry says 93 children have died from malnutrition-related causes in Gaza since the war began. It said 76 adults have died of malnutrition-related causes since late June, when it started counting adult deaths.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
5 hours ago
- Economic Times
Hims & Hers Q2 revenue drop shakes stock—Hims crashes 11% after first-ever revenue decline, is the weight-loss drug hype finally fading?
Hims & Hers Health (NYSE: HIMS) saw its stock plunge over 11% after the company reported its Q2 2025 earnings, marking its first-ever sequential revenue decline. While revenue jumped 73% year-over-year to $544.8 million, it still fell short of Wall Street's expectations of $552 million, and notably dropped from $586 million in Q1. The miss has rattled investor confidence, especially as GLP-1 weight-loss drug sales, a key growth driver, showed signs of slowing amid regulatory pressure and legal setbacks. Synopsis Hims & Hers stock dropped a sharp 11% after the company missed Q2 2025 revenue estimates, raising concerns about its booming weight-loss drug business. While year-over-year sales jumped 73%, revenue fell sequentially for the first time, causing investor worry. The company brought in $544.8 million, short of forecasts, with much of it tied to its GLP-1 obesity drug offerings. Hims & Hers Health (NYSE: HIMS), the fast-growing telehealth company known for its personalized care plans and buzzy entry into the weight-loss market, saw its stock drop by over 11% after reporting second-quarter 2025 earnings. While revenue jumped 73% year-over-year, the company missed Wall Street expectations and posted its first-ever sequential revenue decline, raising questions about the future of its GLP-1 obesity drug business. ADVERTISEMENT Despite its rapid annual growth, Hims & Hers posted Q2 revenue of $544.8 million, missing the analyst estimate of $552 million. The real concern? Revenue dropped from $586 million in Q1, marking the first quarter-over-quarter decline since the company went public. The stock currently trades at $63.35, regaining some ground after hitting an intraday low of $54.82. Despite opening at $64.00, it remains volatile, with an intraday high of $65.54. ALSO READ: Bullish IPO debut: Peter Thiel-backed crypto giant targets $4.2B valuation—is the new crypto wave knocking on Wall Street's door? The market reacted sharply to the company's revenue miss—$544.8 million vs. $552 million expected—even though earnings per share beat expectations and subscriber numbers remained strong. Most of the company's revenue stemmed from its GLP-1-based obesity and diabetes treatments, a booming but increasingly scrutinized business segment. ALSO READ: Palantir stock soars after $1B Q2 earnings crush forecasts as AI demand fuels 110% YTD surge—now S&P 500's top performer ADVERTISEMENT With regulatory pressures, lawsuits from Novo Nordisk, and tighter FDA rules on compounded semaglutide, Hims faces headwinds in its fastest-growing segment. However, with a market cap of over $6.5 billion, a P/E ratio of 39.93, and forward-looking confidence via its Zava acquisition, the company is still betting big on growth in both the U.S. and Europe. Current Price : $63.35 : $63.35 Day Range : $54.82 – $65.54 : $54.82 – $65.54 Open : $64.00 : $64.00 Market Cap: $6.56 Billion P/E Ratio : 39.93 : 39.93 Volume: 35.5M Investors were caught off guard, as the slowdown came amid soaring demand for weight-loss drugs like semaglutide, a compound similar to the active ingredient in Wegovy and Ozempic. ADVERTISEMENT On the profit front, Hims reported an adjusted EPS of $0.19, beating the Street's expectation of $0.15. However, the revenue miss overshadowed this earnings win. Investors appeared more concerned about the underlying business momentum, particularly in the obesity treatment space, which has been a major driver of Hims' recent growth. ADVERTISEMENT Hims' biggest growth story in recent quarters has been its expansion into GLP-1 weight-loss treatments, which brought in around $190 million in Q2 alone. However, a few red flags have emerged: Regulatory uncertainty : With the FDA rolling back flexibility on compounded versions of semaglutide, questions are mounting about how long Hims can rely on this segment for revenue. : With the FDA rolling back flexibility on of semaglutide, questions are mounting about how long Hims can rely on this segment for revenue. Legal challenges : The company recently ended its supply relationship with Novo Nordisk , the maker of Wegovy, and is now facing lawsuits over how it marketed compounded alternatives. : The company recently ended its supply relationship with , the maker of Wegovy, and is now facing lawsuits over how it marketed compounded alternatives. Competitive pressure: Big players like Eli Lilly and Novo Nordisk are dominating the branded drug market, making it harder for telehealth companies offering generics to compete on pricing and trust. Despite the Q2 shortfall, Hims & Hers stuck to its full-year outlook. The company reaffirmed its 2025 guidance of $2.3 billion to $2.4 billion in revenue and $295 million to $335 million in adjusted EBITDA. ADVERTISEMENT A big reason? The Zava acquisition, a European telehealth platform, which is expected to contribute around $50 million in new revenue this year. This suggests Hims is betting heavily on international growth to offset some of its domestic uncertainty. One bright spot in the report was Hims' growing subscriber base. The company now serves over 2.4 million active subscribers, with nearly 70% enrolled in personalized treatment plans that span weight loss, hair care, sexual health, and mental wellness. CEO Andrew Dudum emphasized that the company is leaning deeper into its long-term strategy of personalized digital healthcare, aiming to build loyalty and customer lifetime value across multiple product categories. If you're following Hims & Hers stock or investing in telehealth companies focused on the obesity drug boom, here are four key things to monitor: Future of compounded GLP-1s: Regulatory and legal outcomes could limit Hims' ability to sell compounded semaglutide at scale. Profitability trends: Will margins hold up as more competition floods the market and Hims scales its personalized offerings? Subscriber growth and retention: Continued engagement in non-weight loss categories will be key to long-term stability. Zava integration: The success or failure of this acquisition could make or break Hims' international ambitions. Hims & Hers Health has come a long way as a digital-first wellness brand with a bold strategy around weight-loss drugs and personalized healthcare. But the 11% stock drop shows investor sentiment is shifting, especially as its flagship obesity business faces regulatory hurdles and supply uncertainty. For now, the company's strong year-over-year growth and firm 2025 guidance offer some reassurance. But with rising competition, tighter FDA rules, and legal pressure, Hims will need to prove that its success isn't just tied to a single product wave—but a durable, trusted digital care ecosystem. What caused Hims & Hers stock to fall 11% after Q2 earnings? The company missed revenue estimates and saw its first-ever sequential drop in sales. Is the Hims weight-loss drug business facing trouble in 2025? Yes, due to FDA scrutiny and legal issues around compounded semaglutide. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. NEXT STORY


United News of India
7 hours ago
- United News of India
Eli Lilly inaugurates Hyderabad site; plans to expand headcount to 1500 by next few years
Hyderabad, Aug 4 (UNI) US-based pharmaceutical giant Eli Lilly inaugurated its new Technology and innovation site in Hyderabad, today to accelerate Global digital innovation. Located in Gachibowli, the 220,000 square feet Hyderabad site will support innovation and strengthen digital capabilities across Lilly's global operations, a top official of the company said on the occasion.. The company has already onboarded 100 professionals at the facility and plans to expand the headcount to 1,500 over the next few years. By focusing on areas such as artificial intelligence (Al), automation, cloud computing, and software product engineering, the facility will contribute to solving some of the world's most pressing health challenges while also creating growth opportunities for local talent. Addressing after inaugurating US pharma major Eli Lilly's new technology and innovation facility in the presence of Miniter IT and Industries D Sridhar Babu and Diogo Rau, Executive Vice President and Chief Information and Digital officer, Eli Lilly and Company, here Chief Minister A Revanth Reddy said "We are not opening any ordinary centre or GCC, but a nerve-center of Eli Lilly, like the brain of the corporation will operate from here. It will manage, lead and accelerate Eli Lilly's global operations." The Hyderabad GCC will integrate Lilly's advanced technology capabilities across key functions, supporting accelerated innovation, enhanced efficiency, and improved health outcomes for patients globally, he said. The facility will support innovation and strengthen digital capabilities across Lilly's global operations. The new centre will create opportunities for local talent and advances Hyderabad's biotech ecosystem, he said. The Chief Minister described the launch as a clinching proof that in less than 20 months, with IT Minister D. Sridhar Babu's vision and hard work, the government made Hyderabad the Global GCC capital and hub. He said that the GCC growth in Hyderabad, in line with the Telangana Rising 2047 vision, will help in the state's roadmap to achieving a One Trillion Dollar economy. "We are proud that 1 in every 3 vaccines administered anywhere in the world is developed or manufactured in Hyderabad," he said that Hyderabad has become the preferred global destination for cutting-edge capability centers of the world's top pharmaceutical and biotechnology companies. The city is the Life Sciences capital of India, with presence of over 2,000 companies. The Chief Minister expressed commitment to providing a transparent, progressive and innovation-driven ecosystem, so that the Life Sciences industry can grow in scope and change the health sciences capabilities for the entire world. Sridar Babu said 'Hyderabad is rapidly emerging as a global epicentre for digital innovation, and Lilly's new site inauguration is a strong validation of that momentum. This investment reflects the transformative impact of technology on healthcare. Telangana remains committed to enabling future-focused partnerships that drive economic growth and advance digital health solutions for the world.' Diogo Rau said 'The inauguration of our Hyderabad site reflects our long-term commitment to India and our intent to strengthen our presence in the region.' 'This expansion brings together top talent in AI, data science, and engineering to build the digital foundation that will accelerate the discovery and delivery of innovative medicines. Hyderabad offers the perfect blend of deep technical expertise and a spirit of collaboration, making it a natural partner in our mission to make life better for people around the world', Rau added. UNI KNR RKM


India Today
15 hours ago
- India Today
Reality of Gaza hunger games explained as starvation kills scores
Gaza is in the grip of famine. Children reach hospitals wasting away before the eyes of their parents, bodies thinning to near invisibility, like figures evaporating into the air. Tiny ribs protrude, limbs dangle helplessly, faces once full of life now blank and hollow as hunger settles in. At the same time, a video has emerged of 24-year-old Israeli hostage Evyatar David, hollow-eyed and frail, forced to dig what he said was his own grave. These parallel images expose a war where hunger seems to have been July, starvation claimed more than 60 lives, including children under 5, while hundreds were shot at as they rushed toward food trucks in search of the next morsel. Parents are braving bullets to get some food for their starving Israel has stated that Hamas, which steals aid supplies, is to blame for the mass starvation. Israeli Prime Minister, Benjamin Netanyahu said, "Hamas monsters starve the hostages like the Nazis starved the Jews. Hamas doesn't want a deal. They want to break us."In Gaza, the hunger crisis drives people to hospitals in search of relief, yet even the doctors treating them are themselves fighting to survive. Journalists have spoken about famine eating into their colleagues reporting from Gaza."There is no one in Gaza now outside the scope of famine, not even myself," Dr Ahmed al-Farra told The New York Times, who is the head of the paediatric ward at Nasser Hospital in southern Gaza. "I am speaking to you as a health official, but I, too, am searching for flour to feed my family."ONE-THIRD OF GAZA POPULATION STARVING FOR DAYS: UN BODYThe World Food Program, an arm of the United Nations, stated this week that the hunger crisis in Gaza had reached "new and astonishing levels of desperation, with a third of the population not eating for multiple days in a row".All through the war, UN agencies and independent aid groups have charged that Israel is letting far too little food into Gaza, warning that famine looms over its two million in turn, has insisted that sufficient supplies are entering, accusing Hamas of diverting aid and faulting international groups for poor is a war beyond bombs and bullets. Even journalists reporting on the war find their bodies testifying to the extremities of sides have embraced one of the oldest cruelties in war: starvation. From Caesar at Alesia to the Mongols at Baghdad, from mediaeval sieges to the blockades of the World Wars, armies have long used hunger to break their STARVATION NOW BECOMING THE NEW NORMAL FOR GAZA?Today, starvation is slowly becoming World Health Organisation has confirmed 74 deaths from malnutrition in 2025, with 63 of them in July alone, including at least 24 children under in Gaza's remaining hospitals say most patients arrive skeletal, unresponsive, often too weak to be saved. UNICEF and Save the Children report that cases of acute malnutrition in children have surged than 5,000 children were admitted for treatment in the first two weeks of July, nearly matching the total for the whole of even those who try to find food often never late May and late July, UN officials confirmed over 1,050 Palestinians were killed while trying to collect aid, 766 at Gaza Humanitarian Foundation sites and 288 near UN or partner described tanks, drones, and snipers opening fire on hungry crowds before dawn, turning food lines into killing grounds. As starvation increases in Gaza, UN officials say over 1,000 Palestinians have been killed since May while trying to collect food. (Image: AP) ISRAELIS AT 'DEATH'S DOOR' AND 'CAN'T LIVE OR BREATHE'On the other hand, families of Israelis held hostage by Hamas speak of the same weapon used against their loved of freed hostages say many lost as much as 15 kilos during captivity, surviving on scraps of bread or videos showed men like Evyatar David and Rom Braslavski visibly emaciated, begging for food and water, describing deliberate David, a 24-year-old Israeli, was kidnapped during the October 7 Nova music festival attack and has since been held in Gaza by Hamas recent videos released by Hamas, he appears emaciated, ribs visible, describing days without food and surviving on little more than beans and one point, he is shown digging what he called his own grave, marking starvation on a wall calendar as his body wastes hostage, Rom Braslavski's family, also allowed the publication of one such video released by the Palestinian Islamic it, he appears in tears, saying he is "suffering with pain that doesn't look good", and that he can no longer stand or walk."I don't have any more food or water. Before, they would give me a little bit, (but) today, there is nothing," he said, describing how he ate "three crumbs of falafel" that day, and a day earlier "barely a plate of rice"."I can't sleep, I can't live, you have to stop what you're doing here," he pleaded. "I am at death's door, and I'm sure that all the other [hostages] are in the same mental state," he INTERNATIONAL FOOD AID REALLY REACHING GAZA?International aid agencies now say Gaza needs at least 62,000 metric tonnes of dry and canned food each month, around one kilogram per person per day, just to meet minimum requirements. Yet what has been delivered falls far short, they officials, however, have alternated between denying mass starvation, blaming Hamas distribution failures, and pointing to chaotic food drops by the Gaza Humanitarian Foundation as proof food was study even claimed that after adjusting for losses, each Gazan had access to an average of 3,000 calories a day with sufficient protein and fat, even exceeding WHO minimum requirements, except for these figures collapse against the reality on the ground. Gaza spent March and April under total siege, with no food allowed May, Netanyahu agreed to restart shipments after international pressure over a "starvation crisis". Yet the quantities that trickled through were only enough to slow famine, not prevent UN's own data shows that just a few weeks of expanded food shipments during a ceasefire in January and February briefly pulled Gaza back from the brink. But as the flow dried again in May and June, starvation surged back with a is the way out? No one can here is not an accident of war. It's a chosen weapon, a cruelty refined over time. It echoes the Stanford Prison Experiment, where ordinary people, placed in positions of unchecked authority, quickly abandoned empathy and inflicted suffering as if it were more people died from hunger in the Palestinian territory, bringing the total deaths to 175, Reuters reported on July 3, quoting the Gaza health report came even as celebrated Israeli writer David Grossman was shocked at the situation and termed it "genocide" by has become that experiment on a vast, merciless stage: food withheld, bodies wasted, humans stripped away. And the longer it endures, the easier it becomes to forget that those reduced to shadows are human beings at all. Who is to blame? Everyone. Even those who are accomplices with their silence.- EndsMust Watch