Latest news with #Defiance


Boston Globe
2 days ago
- Entertainment
- Boston Globe
Racing into summer, Figawi-style
Jeff Zynda of Quincy downs a shot of Fireball Cinnamon Whisky with other crew members of Defiance on the docks. Consider it 'Opening Day' for the summer season, and the sailors come to compete from all over the Northeast for the three-day weekend. 'It's like a reunion of friends is what it is. We sail. We could be doing anything. We could be climbing rocks. It doesn't matter. It really is the first big regatta in the Northeast of the season. It's fun,' says race officer Tom Duggan, who sailed his first Figawi in 1981. Advertisement Figawi means a lot of different things to a lot of different people. Is it a competitive race or a drinking game? The Outlier en route to its home port of Nantucket under clear skies. The race is a pursuit race, which means it's a handicap calculation, and boats start at different times based on their speed. On the docks, one crew from Defiance celebrated their first-place finish by downing shots of Fireball Cinnamon Whisky. 'Oh, it's a drunken orgy, for sure. It's not a serious event. But we sometimes take it seriously, right?' says Jeff Zynda of Quincy, laughing. Crewmate Aeneas Dodd-Noble of Andover takes issue with that. Mark Reid, a Nantucket caretaker and carpenter, says Figawi partygoers cause problems with excessive drinking. 'If there's two boats on the water, and you're going in the same direction, you're racing,' he says. For many locals, Figawi is as welcome as a deer tick. Advertisement 'There's a bit of drinking to excess,' says Mark Reid , a caretaker and carpenter. 'They did the big 'We crossed the Atlantic' type thing and they just drink like crazy. They puke all over the place. You can see the stains up and down the sidewalks. People pissing in the bushes.' Billowy clouds off Hyannis Port for the Figawi start. But it was much worse in the early days, he says. 'They say the women used to cross the other side of the road to stay away from it because it was so bad,' he says. Duggan, 68, admits there were problems years ago, but says they were mostly caused by partygoers not associated with the race. 'Whoa, whoa, whoa,' he would tell Nantucket police back in the day. 'Show me a bracelet that they're with us. They're not with us for the most part.' The high-spirited Figawi Sailors Party is in full gear in the main tent. Now the town and Figawi work together to avoid problems. 'I am happy to report the Figawi Race Functions went very smoothly with no issues or arrests,'' says Nantucket police Lieutenant Angus MacVicar in an email. Duggan, who was the principal race officer for the Tokyo 2020 Olympics, says Figawi has mellowed with time. 'As we become older, nobody wants to climb the tent poles anymore or anything like that. These days, people come to Nantucket, they bring their golf clubs with them. In the early days, they stayed in the boat basin all weekend drinking. Not anymore.' Sailboats bunch up as they approach the finish in Nantucket. On Memorial Day, Nantucket Sound is gorgeous, the pillowy sails filled with wind, riding the seas. This year, 120 boats registered, but 11 dropped out due to a nor'easter earlier in the week. Still, 1,100 registered crew members raced across the sound under near perfect were no injuries and only one boat failed to finish. Advertisement The high-spirited Saturday night Sailors Party in the Figawi main tent is a hard-rocking good time. Lots of cheers at the Figawi awards ceremony. After a night celebrating, the Figawi faithful reconvene Sunday morning in the tent for the 'Joke Tent' session. 'The Joke Tent used to be everybody's favorite thing,' says comedian Brian Glowacki, a native islander. 'Then they started putting cameras in phones. That put a damper on the fun, didn't it?'' Suffice to say that if Nantucket resident Bill Belichick attended, he would wish he were on to Cincinnati or anywhere else on earth. It was that brutal for the Hoodie and Co. Tight clearance near the race start in Hyannis Port. The regatta used to be more popular. In its heyday, circa 1986, 240 boats raced, with many others turned away because the docks were full. The late Senator Ted Kennedy loved Figawi. He won his class in 1989 and in 2007 won the Reverse Figawi, from Nantucket to Hyannis. In 2008, a week after being diagnosed with brain cancer, he finished second in his class. 'He was one of the best I ever saw,' says John Ciluzzi, who raced against him. 'He knew Nantucket Sound like the back of his hand.' Lots of dancing fills the Figawi Sailors Party. Nantucket police reported zero arrests from the three day event. Sunday afternoon belongs to the young. The Nantucket Whalers dominate 11 other Cape Cod area high schools to win the Crawford Cup, named after the late J. David Crawford, a 30-year Figawi board member. Figawi Charities Inc. says it has raised funds for multiple local causes, including 'Heroes in Transition,' a veterans' support group, and 'Sail Cape Cod,' a community sailing program. Advertisement The scene at the closing awards ceremony is uplifting. High school sailors, women skippers, and old timers in their 80s, all get awards. A Nantucket High School Whalers team of Jacob Heneke and Cecilia Wendelken race in the Crawford Cup, an invitational regatta for Cape Cod and Islands schools. The event ends with hugs and smiles. Peter Jackson of Marblehead goes up to race officer Duggan to thank him. 'For me personally, being a person of color… if I can help inspire other people, if I can help other people come into the sport, it's a good thing. I appreciate you.' Hanna Hausladen with her dog Stella, at the awards ceremony on Nantucket. Her team won a first place award. 'She's an Italian water dog. She loves the boat. She loves the water. I can't get her out of the ocean, actually. I live in Boston and I couldn't find somebody to watch her for the weekend. Since she's done so well on the boat, … we figured, just bring her. We put a harness on her, we tied her into the cockpit so she's completely safe. She loves it." @font-face { font-family: BentonSansCond-Regular; src: url(" format('woff2'), url(" format('woff'); } @font-face { font-family: BentonSansCond-Bold; src: url(" format('woff2'), url(" format('woff'); } .dipupnext_hed { font-family: "MillerHeadline-Bold", "Times New Roman", Times, Georgia, serif; letter-spacing: .75px; text-align: center; font-size: 1.25em; line-height: 1; margin-top: 3px; color: #000; width: 100%; font-weight: 600; } .dipupnext_cap_cred { font-family: "BentonSansCond-Regular", "Times New Roman", Times, Georgia, serif; font-size: 16px; letter-spacing: .5px; text-align: left; margin: 3px 0px 5px 0px; font-weight: 200; color: #000; text-decoration: none; text-align: center; } .dipupnext_photo { max-width: 100%; height: auto; padding-top: 15px; opacity: 1; } .dipupnext__form:hover { opacity: .5; text-decoration: underline .5px; } .dipupnext__form{ opacity: 1; } .picupnext__container { width: 100%; position: relative; margin: 0 auto; } .dipupnext__content { width: 100%; display: grid; grid-template-columns: 3fr; } .cdipupnextcontainer { display: block; width:100%; height: auto; margin:0 auto; -moz-box-sizing: border-box; overflow: hidden; } .upnext { font-family: "BentonSansCond-Bold", Helvetica, Arial, sans-serif; text-align: center; font-size: 1em; line-height: 1.15; margin-top: .5rem; letter-spacing: 0px; color: #000; padding: 8px 8px 4px 8px; margin-top: 5px; letter-spacing: .5px; } .upnext:before, .upnext:after { background-color: #000; content: ""; display: inline-block; height: 1px; position: relative; vertical-align: 4px; width: 32%; } .upnext:before { right: 0.3em; margin-left: -50%; } .upnext:after { left: 0.3em; margin-right: -50%; } .theme-dark .upnext:before { background-color: #fff; } .theme-dark .upnext:after { background-color: #fff; } .theme-dark .upnext { color: #fff; } .theme-dark .dipupnext_cap_cred { color: #fff; } .theme-dark .dipupnext_hed { color: #fff; } @media screen and (min-width: 800px){ .dipupnext__content { grid-template-columns: 1fr 1fr 1fr; grid-column-gap: 40px; } } UP NEXT Stan Grossfeld can be reached at
Yahoo
6 days ago
- Automotive
- Yahoo
Defiance Launches CVNX: The First 2X Long ETF for Carvana Co.
Defiance Launches CVNX: The First 2X Long ETF for Carvana Co. MIAMI, May 29, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces CVNX, the Defiance Daily Target 2X Long CVNA ETF (CVNX), a 2X leveraged single-stock ETF designed to provide amplified exposure to Carvana Co. (NYSE: CVNA). This ETF offers traders a way to pursue enhanced upside potential in Carvana without the need for a margin account. CVNX seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Carvana Co., a trailblazer in the digital transformation of used-car retail. 'The Defiance Daily Target 2X Long CVNA ETF (CVNX) unleashes the full throttle of Carvana's meteoric rise—up nearly 200% in the last year with Q1 2025 revenue smashing $4.23 billion. This ETF is built for savvy traders ready to amplify their stake in a company that's rewriting the rules of used-car retail. With CVNA's relentless growth, we're giving investors the tools to seize this moment and ride the wave of automotive disruption.' — Sylvia Jablonski, CEO and CIO, Defiance ETFs For more information, visit The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues a daily leveraged investment objective, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of the Underlying Security. An investment in CVNX is not an investment in Carvana Co. About Defiance ETFs Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account. IMPORTANT DISCLOSURES Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments, LLC ('Tidal' or the 'Adviser'). The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and / or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383. Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk. There is no guarantee that the Fund's investment strategy will be properly implemented, and an investor may lose some or all of its investment. Total return represents changes to the NAV and accounts for distributions from the fund. CVNA Risks: The Fund invests in swap contracts and options that are based on the share price of CVNA. This subjects the Fund to certain of the same risks as if it owned shares of CVNA even though it does not. Indirect Investment Risk. CVNA is not affiliated with the Trust, the Fund, or the Adviser, or their respective affiliates and is not involved with this offering in any way and has no obligation to consider your Shares in taking any corporate actions that might affect the value of Shares. Trading Risk. The trading price of the Fund may be subject to volatility and could experience wide fluctuations due to various factors. Short sellers may also play a significant role in trading CVNA, potentially affecting the supply and demand dynamics and contributing to market price volatility. Public perception and external factors beyond the company's control may influence CVNA's stock price disproportionately. Performance Risk. CVNA may fail to meet publicly announced guidelines or other expectations about its business, which could cause the price of CVNA to decline. Automotive Industry Risk. The automotive retail industry is subject to significant risks that can impact both profitability and competitiveness. The industry is highly dependent on consumer demand, which can be influenced by various factors such as economic conditions, consumer confidence, fuel prices, and preferences for particular vehicle types. Additional Risks: Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund's performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is very likely to differ from two times (200%) the Underlying Security's performance, before the Fund's management fee and other expenses. Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. An investment in the Fund is exposed to the risk that a decline in the daily performance of the Underlying Security will be magnified. Derivatives Risk. The Fund's investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risks related to the market, leverage, imperfect daily correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation, and legal restrictions. Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events. Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in derivatives which exposes the Fund to the risk that the counterparty will not fulfill its obligation to the Fund. Fixed Income Securities Risk. When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed-income securities owned by the Fund. Liquidity Risk. Some securities held by the Fund may be difficult to sell or be illiquid, particularly during times of market turmoil. Markets for securities or financial instruments could be disrupted by a number of events, including, but not limited to, an economic crisis, natural disasters, epidemics/pandemics, new legislation, or regulatory changes inside or outside the United States. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions. Diversification does not ensure a profit nor protect against loss in a declining market. Brokerage Commissions may be charged on trades. Distributed by Foreside Fund Services, LLC Contact Information David Hanono info@ 833.333.9383 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Tidal Financial Group to Execute Reverse Stock Split for Defiance Daily Target 2X Short MSTR ETF (Ticker: SMST)
CHICAGO, May 19, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the 'Trust') has authorized a reverse stock split of the Defiance Daily Target 2X Short MSTR ETF (Ticker: SMST), listed on The Nasdaq Stock Market, LLC. The reverse split is scheduled to take effect after the close of trading on May 22, 2025. Under the terms of the 1-for-20 reverse stock split, every twenty shares of SMST will be consolidated into one share. This adjustment will reduce the number of shares outstanding by approximately 95%. As a result, both the fund's per-share net asset value (NAV) and opening market price on May 23, 2025, will be adjusted proportionally—approximately twenty times their pre-split values. SMST will begin trading on a split-adjusted basis when markets open on May 23, 2025. This action is designed to optimize the fund's capital structure and enhance its accessibility to a broader base of investors. While the number of shares held will change, the total dollar value of an investor's holdings will remain unaffected. For instance, an investor holding 1,000 shares at a NAV of $10 before the split will own 50 shares at a NAV of $200 after the split—retaining the same $10,000 investment value. The Trust's transfer agent will work with the Depository Trust Company (DTC) to facilitate the necessary adjustments to shareholder accounts. Fractional Shares and Tax Considerations Some shareholders may hold positions that result in fractional shares following the reverse split. In such cases, investors may receive cash in lieu of fractional shares, depending on the policies of their brokerage firms. These transactions may carry tax implications. Shareholders are encouraged to consult their tax professionals for individual guidance. There will be no transaction fees associated with cash redemptions for fractional shares. The Defiance Daily Target 2X Short MSTR ETF (the 'Fund') seeks daily leveraged investment results of -2X (-200%) the daily percentage change in the share price of MicroStrategy Incorporated (Nasdaq: MSTR) (the 'Underlying Security' or 'MSTR'). Because the fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking 200% daily inverse (-2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. An investor could lose the full principal value of his/her investment within a single day. The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and / or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383. Investing involves risk. Principal loss is possible. SMST is distributed by Foreside Fund Services, LLC. CONTACT: For more information on the reverse split or the Defiance Daily Target 2X Short MSTR ETF, please contact: Gavin Filmore at gfilmore@ in to access your portfolio


Irish Daily Mirror
17-05-2025
- Entertainment
- Irish Daily Mirror
Daniel Craig's 'excellent' war film has quietly become a Netflix hit
Netflix has added the acclaimed wartime saga Defiance to its library, starring none other than Daniel Craig alongside Liev Schreiber. This gripping tale, based on the 2008 historical drama, has garnered a loyal set of fans over time, with new viewers hailing it as "one of the best films ever." Defiance chronicles the incredible story of the Bielski brothers — Tuvia, Zus, Asael, and Aron — four Jewish siblings who led a rebellion against the Nazis by setting up a guerrilla base in the Belarusian woods. The film paints a cinematic portrait of their daring mission to provide a safe haven for over 1,200 Jews, essentially crafting a village in the forest while living under the constant menace of Nazi discovery. Taking the lead as Tuvia, the oldest of the Bielski brothers, is Daniel Craig, with Liev Schreiber portraying the fiery resistance fighter Zus, Jamie Bell as middle brother Asael, and George MacKay, famed for his role in 1917, playing the youngest sibling Aron, reports the Express. Edward Zwick, known for his work on The Last Samurai and Blood Diamond, directed Defiance, which debuted just in time to be in contention for awards season at the end of 2008, earning itself an Oscar nod for Best Original Score for composer James Newton Howard, with a Golden Globe nomination to boot. Shot in Lithuania, a mere 200 kilometres from where the real events occurred, the film crew tapped into natural forest settings and even recruited locals with ancestral ties to the Jewish people saved by the Bielskis for Defiance. Although its initial run in a limited number of cinemas was modest, Defiance picked up pace during its general release, raking in $52 million globally. The critical consensus was lukewarm; however, viewers have gradually come to celebrate the movie over the years. A Letterboxd user gave a glowing five-star review stating: "Must watch 10/10. Whenever you have Daniel Craig (Bond) and Liev Schreiber (Ray Donovan) play two Nazi-hunting Jews navigating a group of a thousand displaced Belorussian Jews through the Yarden forest, facing the ultimate adversity - you have me sold". Meanwhile, another said: "Action-packed, great quotes, accurate, and a thrill ride from start to finish. You'll be rethinking how powerful a sense of community is. (People forget!)". The film, which now available to stream on Netflix, has garnered acclaim for its emotional depth, adeptly juggling the epic tale of survival with poignant moments of personal struggle. It delves into the complexities of leadership when faced with harrowing odds, especially as the ensemble grows from a few combatants to a congregation exceeding a thousand. One viewer shared their thoughts, saying: "For me, one of the best films ever. So inspiring and tragic at the same time. Worth watching." Meanwhile, another viewer was puzzled by the lack of widespread acclaim, commenting "I still find it crazy that this film is not considered a modern classic, with its stunning cinematography, fantastic performances, and gripping story". You can now stream Defiance on Netflix.


Daily Mail
16-05-2025
- Entertainment
- Daily Mail
Netflix quietly adds 'one of the best films ever' and 'a modern classic' to its streaming service
Netflix has quietly added an 'inspiring' World War Two movie based on a true story to its catalogue - which fans have dubbed 'one of the best films ever' and 'a modern classic'. Defiance, a 2008 historical drama, features James Bond actor Daniel Craig and the star of American crime drama Ray Donovan, Liev Schreiber as Tuvia and Zus Bielski. They tell the incredible true tale of the Bielski brothers, four Polish Jewish rebels who took on the Nazis by forming a vigilante resistance group in German-occupied Belarus. The other two brothers, Asael and Aron, are respectively played by British actors Jamie Bell, known for his debut role in the 2000 film Billy Elliot, and George MacKay, who led Sam Mendes's 2019 war film 1917. The story is based on historian Nechama Tec's 1993 book Defiance: The Bielski Partisans, about the eponymous group the brothers led during World War Two. Fans have been amazed by the film, only added to Netflix two days ago - taking to the internet to express their admiration. They tell the incredible true tale of the Bielski brothers, four Polish Jewish rebels who took on the Nazis by forming a vigilante resistance group in German-occupied Belarus One viewer said, The Mirror reports: 'For me, one of the best films ever. So inspiring and tragic at the same time. Worth watching.' Another added: 'I still find it crazy that this film is not considered a modern classic, with its stunning cinematography, fantastic performances and gripping story.' Someone else said on Rotten Tomatoes it was a 'strong', 'heart-warming' and 'must-see' film: 'I loved this movie... I also love the characters, the history of these events that are told - they are true, makes it mind-blowing!' Another similarly said: 'Outstanding! A must-watch!' One weighed in: 'This is a great true story film about Jewish people hiding and fighting against the Germans in a forest. 'They create a community and survive on whatever they can eat and build shelters against the harsh winter. 'The acting is great, the scenery is great and it was gripping and moving. Great film if you're into World War Two.' One particularly enthused viewer left a very long review, rating it '11/10': 'This masterpiece is beyond my all-time favourite I've ever watched... Fans have been amazed by the film, only added to Netflix two days ago - taking to the internet to express their admiration 'I am so mind blown [about] how good this movie is, words can hardly describe the enjoyment I had watching it. Probably the most underrated movie ever made.' The brothers survived Germany's initial invasion of eastern Poland, now Belarus, in June 1941 - but by December, their parents and two of their eight other siblings had been killed. As the Nazis continued to persecute Jews, the Bielski brothers sought refuge in the woods near their home in 1942, first bringing their other family with them, then welcoming in others - eventually sheltering some 1,200 people at their peak. With Tuvia as their leader, they assembled weapons and created a guerilla force which attacked Nazi occupiers, until the area the camp was in was liberated in July 1944. Directed by Edward Zwick, known for his Oscar-winning production work on 1998's Shakespeare in Love, Defiance received Oscar and Golden Globe nominations for its score, by prolific film composer James Newton Howard. It was filmed in the middle of Lithuania, only 200km from the original camp - and cast extras with personal ties to Jews saved by the Bielskis. It comes after another war film dubbed a 'masterpiece' and 'infinitely better than anything made in Hollywood' became free to stream. Titled The Winter War, originally Talvisota, the military drama first hit screens back in 1989 and stars Taneli Mäkelä and Timo Torikka, amongst others. Based on Antti Tuuri's 1984 book, Talvisota, the film goes back to 1939 and delves into when Finland tackled the Soviet army Based on Antti Tuuri's 1984 book, Talvisota, the film goes back to 1939 and delves into when Finland tackled the Soviet army. The war raged on for 105 more days 'in extreme conditions, through a cold and hostile winter,' according to the synopsis. Since its release, the film has received raving reviews from fans over the years and is available to stream on Amazon Prime Video. The Winter War has an impressive Rotten Tomatoes score of 88 per cent and many viewers have taken to the site to leave their verdicts. One penned: 'A relatively less known Finnish master piece about The Winter War 1939-40. 'One of first 'gritty, realistic war movies', if not The First, which had direct or indirect influence to most war movies directed after it. 'No Hollywoodisms, no artificial forced plot, no superheroes, no glorification of war.'