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The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and housing stocks, shows how to refine trade entries using hourly charts, and compares today’s rally to past market surges. Watch as she explores setups in silver and examines individual stocks like Nvidia, BlackRock, and State Street.

This video originally premiered on July 18, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States.

Shares of Kenvue were up 18% in premarket trading, while Kimberly-Clark‘s shares were down 12.5%.

Kenvue has been under a strategic review, leadership shake-up, and mounting litigation risks. It came under fresh scrutiny following President Donald Trump’s comments linking its popular pain medicine Tylenol to autism.

The deal will bring together brands including Neutrogena, Huggies and Kleenex under a consumer health and personal care company with expected combined annual revenues of roughly $32 billion.

Sources in June told Reuters the strategic review of its operations could include a sale or breakup of the company that had been spun off from healthcare conglomerate Johnson & Johnson JNJ.N in 2023.

Kenvue‘s shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held. That implies a per-share deal value of $21.01, or an equity value of $40.32 billion, according to Reuters calculations.

This post appeared first on NBC NEWS

President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful year end ahead.

“This quarter, our U.S. business was again challenged by industry-wide shifts in retailer ordering patterns,” CEO Ynon Kreiz said on Mattel’s recent earnings call. “That said, consumer demand for our products grew in every region, including in the U.S.”

During the most recent quarter, which ended Sept. 30, Mattel said sales slipped 6% globally, led by a 12% decline in North America. International sales rose 3%.

Some of the company’s top performing categories included Hot Wheels and action figures, primarily from the “Jurassic World,” Minecraft and WWE franchises.

Other Mattel brands saw a drop in sales, however, including Barbie and Fisher-Price.

With retail stores waiting until the last minute to assess the level of tariffs that would apply to their holiday orders, Kreiz said “since the beginning of the fourth quarter, orders from retailers in the U.S. have accelerated significantly.”

Retailers “expect strong demand for the holiday and they are restocking,” he added.

Meanwhile, rival toy giant Hasbro’s revenue jumped 8% in the quarter and it raised its financial guidance for the rest of the year.

Key drivers of that included “Peppa Pig” and Marvel franchise toys, as well as the Wizards of the Coast games.

Hasbro “managed tariff volatility with agility” and used price hikes to protect its margins, said Gina Goetter, the company’s chief financial officer and chief operating officer.

The company remains “firmly on track” to achieve its financial targets.

“As we calculate the various scenarios of where that absolute rates will play out, we’re really putting all of our levers to work,” she said on the company’s recent earnings call.

“From how we think about pricing, how we’re thinking about our product mix, how we’re thinking about our supply chain, and how we’re managing all of our operating expenses to mitigate and offset the impact” of tariffs, she said.

For its part, Hasbro also saw “softness” in the U.S. during the quarter due to retail chains waiting longer to place holiday orders, but said momentum is accelerating as the season gets underway.

In July, Mattel’s chief financial officer, Paul Ruh, said that the company was raising prices because of tariffs.

“We have implemented a variety of actions that will help us withstand some of those headwinds and those include … supply chain efficiencies and some pricing adjustments, particularly in the U.S.,” Ruh said on the company’s earnings conference call.

“So with that array of actions, we’re able to withstand some of the uncertainty that is mostly coming in the top line,” Ruh said. “Our goal is to keep prices as low as possible for our consumers.”

Still, Kreiz said that “consumers are buying our products and the toy industry is growing.”

He also said that consumers are taking price hikes in stride and those increases haven’t hurt demand: “We are not seeing any slowdown in consumer demand so far.”

Hasbro CEO Chris Cocks said the company has also raised some prices, but it was “pretty surgical” in what it chose to adjust.

“In terms of ongoing pricing, I think we just kind of have to see how the holiday goes and the consumer holds up,” he told analysts on the company’s earnings call.

Cocks also cautioned that there may be a two-tier economy forming, something other executives and economists have observed in recent months.

“Right now, I think it’s really kind of a tale of two consumers. The top 20%, particularly in the U.S., continue to spend pretty robustly,” he said. “The balance of households are watching their wallets a bit more.”

On Friday, the Labor Department released the latest consumer price index data, which showed that inflation is rising at a 3% annual pace, up from August’s 2.9%.

In May, Kreiz told CNBC that approximately half of the company’s toys were sourced from China.

Beijing has faced some of the steepest tariffs from Washington of any U.S. trade partner, as Trump has rolled out his disruptive trade agenda this year.

Mattel’s Ruh said the company continued to adjust its supply chains in response to shifting global tariff policies.

“We will be continuing to work with our retailers to make sure that the product is on the shelf,” he said.

At the same time, Hasbro’s Goetter said the company is diversifying its supply chains away from high-tariff countries.

“By 2026, we expect approximately 30% of our total Hasbro toy and game revenue will be sourced from China and 30% of our revenue will be based in the U.S., as we opportunistically lean into our U.S. manufacturing capacity,” she said.

This post appeared first on NBC NEWS

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base.

About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said. The cuts represent about 8% of Target’s corporate workforce globally, although the majority of the affected employees work at the company’s Minneapolis headquarters, the spokesperson said.

Chief Operating Officer Michael Fiddelke, who is set to become Target’s next CEO on Feb. 1, issued a note to personnel on Thursday announcing the downsizing. He said further details would come on Tuesday, and he asked employees at the Minneapolis offices to work from home next week.

“The truth is, the complexity we’ve created over time has been holding us back,” Fiddelke, a 20-year Target veteran, wrote in his note. “Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life.”

Target, which has about 1,980 U.S. stores, lost ground to Walmart and Amazon in recent years as inflation caused shoppers to curtail their discretionary spending. Customers have complained of messy stores with merchandise that did not reflect the expensive-looking but budget-priced niche that long ago earned the retailer the jokingly posh nickname “Tarzhay.”

Fiddelke said in August when he was announced as Target’s next CEO that he would step into the role with three urgent priorities: reclaiming the company’s position as a leader in selecting and displaying merchandise; improving the customer experience by making sure shelves are consistently stocked and stores are clean; and investing in technology.

He cited the same goals in his message to employees, calling the layoffs a “necessary step in building the future of Target and enabling the progress and growth we all want to see.”

“Adjusting our structure is one part of the work ahead of us. It will also require new behaviors and sharper priorities that strengthen our retail leadership in style and design and enable faster execution,” he wrote.

Target has reported flat or declining comparable sales — those from established physical stores and online channels — in nine out of the past 11 quarters. The company reported in August that comparable sales dipped 1.9% in its second quarter, when its net income also dropped 21%.

The job cuts will not affect any store employees or workers in Target’s sorting, distribution and other supply chain facilities, the company spokesperson said.

The corporate workers losing their jobs will receive pay and benefits until Jan. 8 as well as severance packages, the spokesperson said.

This post appeared first on NBC NEWS

Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged to have been used to execute a multistate, rigged poker operation sounds like it’s straight out of Hollywood.

And those were only some of the gadgets that authorities say were used to swindle millions of dollars from unsuspecting victims through rigged, high-dollar, underground poker games over more than five years.

A sprawling indictment unsealed Thursday by the U.S. attorney for the Eastern District of New York charged Chauncey Billups, the head coach of the NBA’s Portland Trail Blazers, and Damon Jones, a former NBA player, along with members of the Mafia and dozens of other defendants, with being part of a conspiracy.

The victims were “at the mercy of concealed technology, including rigged shuffling machines and specially designed contacts lenses and sunglasses to read the backs of playing cards, which ensured that the victims would lose big,” U.S. Attorney Joseph Nocella of Brooklyn said in a statement.

Cheating at poker is as old as poker itself. But today, wearable tech and nano-cameras are putting even upstanding poker players on their guard.

The defendants used “special contact lenses or eyeglasses that could read pre-marked cards,” Nocella said at a news conference announcing the indictments.

He also showed a photo of an X-ray table that “could read cards face down on the table … because of the X-ray technology.”

An X-ray poker table in an image from defendant Robert Stroud’s iCloud account.U.S. Justice Department

“Defendants used other cheating technologies, such as poker chip tray analyzers, which is a poker chip tray that secretly reads cards using a hidden camera,” he said.

And while marking poker cards so they are visible only with special eyewear is an old trick, new radio-frequency identification and infrared technologies have ramped up the sophistication levels.

Technically speaking, many of the devices involved in the alleged scam authorities detailed Thursday are relatively cheap to manufacture, said Sal Piacente, a gaming security consultant.

By the time they reach their customers, however, the cost of industrial shufflers or tables can easily approach $100,000, once distributors and middlemen are factored in.

“You could make a lucrative career buying this stuff,” Piacente said.

Casino and gaming security consultants told NBC News that the alleged scheme was possible only because the games were underground. In backrooms, there was none of the surveillance tech that reputable casinos use to catch players cheating.

“A lot of the features which made this scheme so successful would have been ID’d a lot sooner, or very quickly, in a traditional regulated gaming environment,” said Ian Messenger, a former U.K. law enforcement officer and founder and CEO of the Association of Certified Gaming Compliance Specialists.

More than any other tech, it was the reprogramming of the industrial card shufflers — identified in charging documents as Deckmate-brand machines — that authorities said was key to the alleged game rigging.

A DeckMate 2 shuffler taken apart on a table in an image from defendant Shane Hennen’s iCloud account. U.S. Justice Department

Deckmates are not sold directly to the public — though many used ones can be found for sale online. The ones at the high-dollar games cited in the indictment could read cards and predict which player had the best hand. Neither Deckmate nor its parent company, Light & Wonder, were implicated in any way in Thursday’s indictments.

A spokesman for Light & Wonder told NBC News in a statement that the company was aware of reports about the charges against people but said they were not affiliated with the company.

“We sell and lease our automatic card shufflers and other gaming products and services only to licensed casinos and other licensed gaming establishments,” said Andy Fouché, the company’s vice president of communications. “We will cooperate in any law enforcement investigation related to this indictment.”

Reprogramming shufflers is not a new trick. In 2023, hackers at the Black Hat security conference in Las Vegas presented research showing how to hack a Deckmate shuffler and use it to cheat.

The rigged shuffler machines would transmit information about the players’ hands to an off-site “operator,” according to prosecutors.

The computer program showing information transmitted by the rigged shuffling machine in an image from defendant Shane Hennen’s iCloud account. U.S. Justice Department

The operator would then communicate the information to someone else at the table, dubbed the “quarterback.” The victim was known as the “fish.”

Here, the high-tech gadgets met the low-tech of a card game.

The quarterback might touch the $1,000 poker chip or tap his chin or touch his black chips to indicate who at the table had the best hand.

Text messages obtained by prosecutors also appear to show defendants concerned that a fish would leave the table if he lost too many hands.

“Guys please let him win a hand he’s in for 40k in 40 minutes he will leave if he gets no traction,” read one text message released by authorities.

But according to Messenger, the consultant, it was not the tech that made the alleged scheme so successful for so long. What set it apart was the level of communication.

For example, he said, the card information had to be seamlessly passed from the dealing machines to an off-site operator and back to a person back at the table, all without alerting the fish.

“The piece that made this so successful was the coordination, not the technology,” he said.

This post appeared first on NBC NEWS

The remains of a famous sycamore tree, which stood on Britain’s Roman-built Hadrian’s Wall in northern England for more than 200 years, has found a new home nearly two years after it was illegally felled.

The removal of the tree from its spot known as “Sycamore Gap,” a pronounced dip in Hadrian’s Wall, in September 2023 sparked global outrage. Sycamore Gap was considered one of the most photographed trees in England and was made famous to millions when it appeared in Kevin Costner’s 1991 blockbuster film “Robin Hood: Prince Of Thieves.”

In May, two men were found guilty of criminal damage for felling the landmark tree.

Now, a section of it will be put on permanent display at The Sill: National Landscape Discovery Centre, about two miles (three kilometers) from where it once stood.

The UK’s National Trust gave the largest remaining piece of the salvaged trunk to the Northumberland National Park, where the tree was located.

“In the days and months after the tree was felled, The Sill became a place of celebration and memory. Visitors left post-it notes, letters, drawings and messages expressing grief, love, and hope,” the park said in a press release Thursday.

A public consultation was held in the aftermath of the felling on the future of the tree trunk. “The resulting exhibit honours the tree’s natural form while inviting people to engage with it in a deeply personal way,” The Sill said in a press release Thursday.

Tree trunk ‘is huggable’

The trunk is positioned upright, as it once was, and is surrounded by tree oak benches and streams of wood bent to form a canopy in the shape of a huge leaf – recreating the shelter the tree once offered for people to sit and reflect.

Some tributes from the local community have been carved into the wood.

“The original tree may be gone in the form we knew it, but its legacy remains, and what has come since has been endlessly positive, affirming our belief that people nature and place cannot be separated and are interdependent,” said Tony Gates, chief executive of Northumberland National Park Authority, in the release.

“This commission has been the biggest honour of my career,” said Charlie Whinney, the artist behind the new exhibition, in the release.

“I really hope what we’ve done in some small way allows the people of Northumberland and those who held this tree close to their hearts to process the loss they still feel from that day in September 2023, when the tree was illegally cut down,” he added.

“The work looks forward with hope, the tree is regrowing, and Sycamore Gap will always be a magical place to visit,” Whinney continued.

This post appeared first on cnn.com

The words “Get out of Mexico” are still visible on one shop window as protestors violently kicked in the glass pane. In another clip, “Kill a gringo” is spray-painted on a wall in Mexico City as demonstrators carried placards demanding western foreigners “stop stealing our home.”

These were some of the striking scenes at a mass protest last week against gentrification and the rising cost of living in the Mexican capital city, which some have blamed on an influx of foreigners from the United States and Europe.

While the demonstration was largely peaceful and reflected growing anger about inequality in the Mexican capital, those who vandalized stores in the city’s wealthier neighborhoods and used anti-immigration language were criticized by Mexican President Claudia Sheinbaum as being xenophobic.

“No to discrimination, no to racism, no to classism, no to xenophobia, no to machismo, no to discrimination. All human beings, men and women, are equal, and we cannot treat anyone as less,” Sheinbaum said at a Monday press conference.

The US Department of Homeland Security, which has been carrying out an immigration crackdown in the US, reacted to Friday’s protests with an ironic post on X: “If you are in the United States illegally and wish to join the next protest in Mexico City, use the CBP Home app to facilitate your departure.”

The rallies in Mexico City mirror protests that have erupted in cities like Barcelona and Paris against skyrocketing costs, which have been blamed on overtourism, short-term home rentals, and an influx of people and businesses with higher purchasing power.

Frente Anti Gentrificación Mx, one of several groups that helped organize the protest on Friday, compared gentrification on its social media to a new form of colonization in which “the state, institutions, and companies, both foreign and local, provide differential treatment to those with greater purchasing power.”

Anti-gentrification activists say thousands of people in the Mexican capital have been forced out of their homes in recent years as tourists and remote workers, many of whom are believed to be American, take over popular neighborhoods like Roma and Condesa.

But a spokesperson for Frente Anti Gentrificación Mx pushed back against Sheinbaum’s suggestion that their campaign was xenophobic, saying the demonstration was meant to highlight the plight of those priced out of their homes and to demand reforms from the government.

“In Mexico, housing costs have risen 286% since 2005 … while real wages have decreased by 33%,” said Morales, citing data from the National Institute of Statistics and Geography and the Federal Mortgage Society.

She acknowledged that many people have been moving to Mexico for a variety of reasons, from the appeal of its culture to the relative affordability of its houses. At the same time, she urged potential newcomers to consider how such a move could affect the local community.

Not a new phenomenon

Immigration is not the sole cause of Mexico City’s gentrification, which is a phenomenon that has happened for decades, say experts.

“In the debates, there’s a confusion about gentrification being when foreigners arrive. And that’s not true,” activist and lawyer Carla Escoffié said, noting that other causes include inequality, deficiencies in housing policy and land privatization.

“Not all foreigners gentrify, nor are only those who gentrify foreigners, nor is a significant migration process necessary for gentrification to occur. Gentrification is based on inequalities in such a way that it’s not the same thing,” she added.

But the arrival of short-term rentals like Airbnb, and remote work policies during the pandemic, have turbo-charged the gentrification debate in recent years.

“Since 2020, a new phase of gentrification has begun, one that has worsened,” said Escoffié. “It’s been driven by digital nomads and short-term rental platforms like Airbnb.”

Airbnb defended its activities in Mexico City on Tuesday, saying it helped generate more than $1 billion in the local economy last year, and arguing that guests who booked accommodations also spent money on shops and services in the capital.

Mexico City’s government signed an agreement with Airbnb and UNESCO in 2022 to promote the capital as “a global hub for digital nomads and creative tourism.” Sheinbaum, who was the mayor of Mexico City at the time, presented the initiative as a way to boost the local economy.

The appeal was especially attractive for US citizens, who can stay in Mexico without a tourist visa for less than six months before requiring a special temporary residency permit, according to experts. In 2022, 122,758 temporary residency permits were granted to foreigners for Mexico, according to the National Institute of Migration, up from 97,825 in 2019.

But for many residents, the Mexico City initiative was another sign of the displacement happening around them.

A global trend

Anger about gentrification is not unique to Mexico City. Local governments from tourist destinations in Europe, such as Spain’s Canary Islands, Lisbon and Berlin, have announced restrictions on short-term rentals in the past decade.

Barcelona’s leftist mayor, Jaume Collboni, said that by November 2028, the government will scrap the licenses of the 10,101 apartments currently approved as short-term rentals in the popular tourist destination.

Residents in the Catalan capital have documented how renting by the day is more profitable for landlords than renting by the month, which has triggered evictions and the transformation of homes into short-term tourist accommodations.

In Mexico City, Airbnb has over 26,500 listings, according to the rental platform, many of which are concentrated in the areas most affected by gentrification. These listings are concentrated in the central neighborhoods of Condesa, Roma, Juárez and Polanco, according to Inside Airbnb, a project that provides data about Airbnb’s impact on residential communities.

In response to mounting criticism and the protests of 2022, the local government introduced new regulations, but experts argue they fall far short.

Airbnb, meanwhile, says the city needs regulations that support home sharing, not prohibition. It argues that many people in Mexico City rely on the platform as a financial lifeline, with 53% of its hosts saying the service helped them stay in their homes and 74% of hosts saying it helped cover essential expenses.

Activists are now bracing for when Mexico opens its doors to soccer fans for the next World Cup in 2026, which Morales fears could result in the state prioritizing business dealings over residents. “Given the critical state we’re in, who would come up with this?” she asked.

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European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions.

As expected, the motion failed to get the two-thirds majority it needed to pass. Only 175 members of parliament backed the motion, while 360 voted against and 18 abstained.

Romanian nationalist Gheorghe Piperea, the lead sponsor of the motion, had criticized among other things the Commission’s refusal to disclose text messages between von der Leyen and the chief executive of vaccine maker Pfizer during the COVID-19 pandemic.

“The decision-making has become opaque and discretionary, and raises fears of abuse and corruption. The cost of obsessive bureaucracy of the European Union such as (tackling) climate change has been a huge one,” Piperea told the parliament on Monday.

During the debate on her leadership, von der Leyen defended her record in parliament, rejecting criticism of her management of the pandemic and asserting that her approach ensured equal vaccine access across the EU.

Although the censure motion had little chance of success, it was a political headache for von der Leyen as her Commission negotiates with US President Donald Trump’s administration to try to prevent steep US tariffs on EU goods.

It was the first time since 2014 that a Commission president has faced such a motion. Then President Jean-Claude Juncker also survived the vote.

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Doctors in Gaza say they were forced to cram multiple babies into one incubator as hospitals warned that fuel shortages are forcing them to shut off vital services, putting patients’ lives at risk.

The UN has warned that the fuel crisis is at a critical point, with the little supplies that are available running short and “virtually no additional accessible stocks left.”

“Hospitals are rationing. Ambulances are stalling. Water systems are on the brink. And the deaths this is likely causing could soon rise sharply unless the Israeli authorities allow new fuel in – urgently, regularly and in sufficient quantities,” the Office for the Coordination of Humanitarian Affairs (OCHA) said.

An 11-week Israeli blockade on humanitarian aid earlier in the year pushed the enclave’s population of more than 2 million Palestinians towards famine and into a deepening humanitarian crisis. Limited aid deliveries resumed into the besieged enclave in May but aid groups have said it is not nearly enough to meet the scale of the needs.

The director of the Al-Ahli Hospital, south of Gaza City posted a photo on social media Wednesday of multiple newborn babies sharing a single incubator which was taken at another facility, Al-Helou.

“This tragic overcrowding is not just a matter of missing equipment — it’s a direct consequence of the relentless war on Gaza and the suffocating blockade that has crippled the entire healthcare system,” Dr. Fadel Naim wrote in a post on X.

“The siege has turned routine care for premature babies into a life-or-death struggle. No child should be born into a world where bombs and blockades decide whether they live or die.”

The director of Al-Shifa Hospital in northern Gaza said the shortages were forcing them to close kidney dialysis sections so they could focus on intensive care and operating theatres.

Footage from inside the hospital showed doctors using flashlights as they treated patients.

Another facility, the Nasser Medical Complex, said it had 24 hours of fuel left and was concentrating on vital departments such as maternity and intensive care.

Fuel vital for basic services

In addition to fuel shortages, difficulty finding replacement parts for the generators that power Gaza’s hospitals risks is forcing more to shut down.

The Al-Aqsa Martyrs Hospital in central Gaza issued an urgent statement that the facility’s main generator had broken down due to a lack of spare parts, forcing it to rely on a smaller backup unit.

“Fuel will run out within the coming hours, and the lives of hundreds of patients are at risk inside the hospital wards,” the statement said.

“The hospital’s shutdown threatens to disrupt healthcare services for half a million people in the Central Governorate.”

Beyond hospitals, fuel is essential to keep basic services running in Gaza. The territory relies heavily on imports for cooking, desalination and wastewater plants, and to power the vehicles used in rescue efforts.

Israel has restricted the entry of fuel throughout the conflict, and has previously claimed Hamas could use it to launch weapons.

The aid group Doctors Without Borders (MSF) warned of what it called “an unprecedented humanitarian crisis” unfolding in Gaza, in a statement Tuesday and called for a ceasefire and the entry of far greater levels of humanitarian aid.

“Our teams have worked to treat the wounded and supply overwhelmed hospitals as indiscriminate attacks and a state of siege threaten millions of men, women and children,” MSF said.

“We urge Israeli authorities and the complicit governments that enable these atrocities, including the UK Government, to end the siege now and take action to prevent the erasure of Palestinians from Gaza.”

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