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Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.

The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2% to 2.2%.

Here’s how the retailer did for the fiscal first quarter compared with Wall Street’s estimates, according to a survey of analysts by LSEG:

In the three-month period that ended May 2, Dollar General reported net income of $391.93 million, or $1.78 per share, compared with $363.32 million, or $1.65, in the year-ago quarter.

As of Tuesday’s close, shares of Dollar General have risen about 48% so far this year. That far exceeds the roughly 1% gains of the S&P 500 during the same period. Shares of the retailer closed at $112.57 on Tuesday, bringing Dollar General’s market value to $24.76 billion.

Dollar General’s first-quarter results — and its stock performance — stand out in a retail industry that is already taking a hit from President Donald Trump’s tariffs. Companies including Best Buy, Macy’s and Abercrombie & Fitch have cut their profit outlooks due to tariffs.

On an earnings call Tuesday, Dollar General CEO Todd Vasos said the company has worked to reduce its exposure to China — and limit price hikes for shoppers. He said the retailer has worked with vendors to cut costs, moved manufacturing to other countries and made changes to its products or swapped them out for other merchandise.

He said direct imports make up about a mid- to high single-digit percentage of its overall purchases and indirect imports are about double that.

“While the tariff landscape remains dynamic and uncertain, we expect tariffs to result in some price increases as a last resort, though, we intend to work to minimize them as much as possible,” he said.

CFO Kelly Dilts said on the company’s earnings call that full-year guidance assumes that Dollar General will be able to offset “a significant portion of the anticipated tariff impact on our gross margin, but also allows for some incremental pressure on consumer spending.”

Customer traffic dipped by 0.3% in the first quarter compared to the year-ago period, but shoppers spent more when they visited. The average transaction amount rose 2.7%, as sales in the food, seasonal, home and apparel categories all grew.

Vasos added tariffs have also increased U.S. consumers’ desire to find deep discounts. Vasos said the company’s first-quarter results reflect Dollar General’s gains from “customers across multiple income bands seeking value.”

He said store traffic and the company’s market research indicates that more middle- and higher-income customers have come to its stores more frequently and spent more when they visited.

“We are pleased to see this growth with a wide range of customers and are excited about our ongoing opportunity to grow [market] share with them,” he said.

Those gains have helped as Dollar General’s core customer “remains financially constrained,” Vasos said. According to a survey by the company, he said 25% of customers reported having less income than they did a year ago and almost 60% of core customers said “they felt the need to sacrifice on necessities in the coming year.”

Dollar General’s sales largely come from U.S. consumers who are on a tight budget. About 60% of the retailer’s sales come from households with an annual income of less than $30,000 per year, Vasos said last fall at a Goldman Sachs’ retail conference.

In addition to wooing value-conscious shoppers, Dollar General has tried to tackle company-specific problems that drew government scrutiny and tested customer loyalty. The discounter, which has more than 20,000 stores across the country, has paid steep fines to the Labor Department for workplace safety violations due to blocked fire exits and dangerous levels of clutter.

Vasos highlighted some of the ways that Dollar General has tried to improve the customer experience. Among them, it’s worked to reduce employee turnover, and it took about 1,000 individual items off its shelves so it can keep top-selling items in stock, he said.

Dollar General has launched its own home delivery service, which is now available at more than 3,000 stores. Its deliveries through DoorDash have grown, too, with sales up more than 50% year over year in the quarter.

Dollar General has also bulked up its merchandise categories outside of the food and snack aisles, adding more discretionary items like seasonal decor and home items.

Vasos said sales in those categories have also gotten a boost from middle- and higher-income customers shopping its stores.

Its newer store chain, Popshelf, sells mostly discretionary items and caters to consumers with higher household incomes than Dollar General’s typical shoppers. Vasos did not share a specific metric for the chain, but said Popshelf’s same-store sales delivered strong growth in the quarter. The company recently changed the store layout to emphasize toys, beauty and party candy.

This post appeared first on NBC NEWS

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes.

The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.

Sellers have the final say on how much to list the item for, but the AI tool will suggest a price based on information about the product, such as its age, Peloton said.

It said sellers will get 70% of the sales price, while the rest will be shared between Peloton and its platform provider, Archive. Sellers will get a discount toward new equipment, while buyers will see the activation fee for a used product drop from $95 to $45, the company said.

Buyers will be able to see the equipment’s history on the listing and have the option to get the item delivered for an extra fee, Peloton said.

The resale market for used bikes and treadmills is booming. The company said it wants to streamline the sale process for members and offer a safe and comfortable way for prospective customers to buy equipment. It’s also an opportunity for Peloton to reach a wider array of new users as it plots a pathway back to growth.

Last summer, Peloton said it had started to see a meaningful increase in the number of new members who bought used Bikes or Treads from peer-to-peer markets such as Facebook Marketplace. At the time, it said paid connected fitness subscribers who bought hardware on the secondary market had grown 16% year over year, and it believed those subscribers exhibited a lower net churn rate — or membership cancellation — than rental subscribers.

Peloton has plenty of enthusiastic fans who use the company’s equipment every day, but some people have likened it to glorified clothes racks because so many people stop using them. While those owners paid for their exercise machines when they bought them, many have canceled their monthly subscription, which is how Peloton makes the bulk of its money, according to the company’s financial records.

Peloton is already reaping the subscription revenue from people who bought hardware on the secondary market, but now it will get a cut of that market with little upfront cost.

Repowered is a direct challenger to not just Facebook Marketplace but also the burgeoning startup Trade My Stuff, formerly known as Trade My Spin, which sells used Peloton equipment.

Trade My Stuff founder Ari Kimmelfeld told CNBC he previously met with Peloton to discuss ways to collaborate.

But Peloton said Repowered isn’t connected with Trade My Stuff.

Repowered is launching first in beta in New York City, Boston and Washington, D.C., with plans to go nationwide in the coming months, Peloton said. The platform will launch first to sellers, and once there’s enough inventory available, it’ll go live to buyers, the company said.

This post appeared first on NBC NEWS

Discover the top 10 stock charts to watch this month with Grayson Roze and David Keller, CMT. From breakout strategies to moving average setups, the duo walk through technical analysis techniques using relative strength, momentum, and trend-following indicators.

In this video, viewers will also gain insight into key market trends and chart patterns that could directly impact your trading strategy. Whether you’re a short-term trader or a long-term investor, this breakdown will help you stay one step ahead.

This video originally premiered on May 30, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

Staples and Tech Swap Positions Again

The weekly sector rotation continues to paint a picture of a market in flux, with defensive sectors gaining ground while cyclicals take a step back. This week’s shifts underscore the ongoing volatility and lack of clear directional trade that’s been characteristic of recent market behavior.

The sudden jump in relative strength for defensive sectors last week has pushed Consumer Staples back into the top 5, at the cost of Technology.

  1. (1) Industrials – (XLI)
  2. (3) Utilities – (XLU)*
  3. (6) Consumer Staples – (XLP)*
  4. (2) Communication Services – (XLC)*
  5. (4) Financials – (XLF)*
  6. (5) Technology – (XLK)*
  7. (8) Real-Estate – (XLRE)*
  8. (9) Materials – (XLB)*
  9. (7) Consumer Discretionary – (XLY)*
  10. (11) Healthcare – (XLV)*
  11. (10) Energy – (XLE)*

Weekly RRG

Looking at the weekly Relative Rotation Graph (RRG), we’re seeing some interesting movements. Industrials continues its upward trajectory on the RS-Ratio scale, solidifying its top position. Meanwhile, Utilities and Consumer Staples — our #2 and #3 sectors, respectively — are maintaining high RS-Ratio levels despite a momentum setback.

Communication services and financials, rounding out the top 5, find themselves in the weakening quadrant. However, they’re still comfortably above the 100 level on the RS-Ratio scale. This positioning gives them a good shot at curling back into the leading quadrant before potentially hitting lagging territory.

Daily RRG

Switching to the daily RRG, we can see some significant moves over the past week.

Consumer Staples have made a considerable leap, landing deep in the improving quadrant with the highest RS-Momentum reading. This surge explains its return to the top 5. Utilities isn’t far behind, also making a strong move into the improving quadrant. Financials, while in the lagging quadrant, are showing less dramatic movement compared to staples and utilities. Its shorter tail on the RRG indicates a less powerful move, but its high position on the weekly RRG is keeping it in the top 5 — for now.

Industrials: Strength Confirmed

The #1 sector is pushing against overhead resistance around 143 for the third consecutive week. A break above this level could trigger an acceleration higher. The relative strength chart vs. the S&P 500 has already broken out, continuing to pull the RRG lines upward.

Utilities: Bouncing Back

After a weak showing two weeks ago, utilities closed last week at the top of its range. There’s still resistance lurking just below 85 (around 84), but a break above could spark a rally. The raw RS line is grappling with the upper boundary of its sideways trading range, causing the RRG lines to roll over while remaining in the leading quadrant.

Consumer Staples: Testing Resistance

Staples has rebounded to the upper boundary of its trading range, with key resistance between 82 and 83.50. A spike to $83.90 represents the recent high-water mark. Breaking above this barrier could accelerate the move higher.

The raw RS line has peaked against overhead resistance and needs to form a new low to support the RRG lines.

Communication Services: Holding Steady

XLC is trading around $101.40, with overhead resistance a few dollars away, near $ 105. The raw RS line remains within its rising channel, but we’ll need to see improved relative strength soon to maintain this positive trend. The sector sits in the weakening quadrant, but has the potential to push back into leading territory with a strong relative strength (RS) rally.

Financials: At a Crossroads

The financial sector is struggling with old resistance that’s now acting as support. Its RS line is testing the lower boundary of its rising channel. Financials needs a couple of strong weeks in both price and relative strength to maintain its top 5 position.

Portfolio Performance

As of last Friday’s close, our model portfolio is lagging the S&P 500 by just over 5%. This performance gap has widened slightly from last week, but remains in line with the volatile sector rotations we’ve been seeing.

The current market environment presents an apparent dilemma for sector rotation strategies. While defensive sectors are gaining prominence, cyclicals are taking a back seat — at least for now. This flip-flop situation is common in volatile markets seeking direction, but it’s causing more frequent trades in our model than we’d typically expect.

For meaningful trends to emerge, the market needs to stabilize and establish a clear directional bias. Until then, we’re likely to see continued back-and-forth movement as investors grapple with mixed economic signals and shifting sentiment.

#StayAlert and have a great week. –Julius


Earnings season may be winding down, but a few standout names could still make headlines this week. If you’re looking for potential moves, keep an eye on these three stocks — Dollar Tree, Inc. (DLTR), CrowdStrike Holdings, Inc. (CRWD), and Broadcom, Inc. (AVGO).

Each of these names is at a pretty interesting inflection point right now. It might be worth waiting to see how things play out before making any big bets.

Dollar Tree (DLTR): Quiet Comeback with Room to Run?

Dollar Tree (DLTR) broke out of a long-term downtrend and, as of the last quarter, is back above key moving averages. Many of the beaten-down discount chains, such as Five Below (FIVE) and Dollar General (DG), have started to reverse major downtrends. This week, we will see if earnings momentum can keep going, as DLTR stock has rallied 21% year-to-date.

Investors will be looking for insight into how DLTR is navigating the transition after the $1 billion Family Dollar sale (yes, they paid $8.5 billion in 2015) and how its core stores are performing in the current economic environment. The last two quarters have been relatively calm, as DLTR stabilized with minor gains of 3.1% and 1.9%. That stability comes after a three-quarter losing streak, with average losses of -13.7%.

From a technical standpoint, DLTR made its big move in mid-April as it broke out of a longer-term neutral range and a long-term downtrend. The stock price has eclipsed the 50- and 200-day moving averages and seems to be back on the right track.

The breakout of the rectangular bottom gives an upside target of roughly $98 a share, so there is room for DLTR to run. That move would fill the gap created last September and bring shares into a stronger resistance area around $100. On the downside, there may be an opportunity to enter DLTR, as we have a potential scenario where old resistance becomes support, giving an entry level around $79.50/$80. That would be a good risk/reward set-up for those who may have missed the initial breakout.

Overall, the stock still has room to run, but most of this upside move may already be in the stock, as the price approached an overbought condition with much overhead resistance ahead.

CrowdStrike (CRWD): Heating Up Before Earnings

CrowdStrike (CRWD) has returned from the ashes after last year’s Delta Air Lines, Inc. (DAL) computer outage that caused over 7000 cancelled flights. As it heads into this week’s earnings, shares are trading just under all-time highs.

The cybersecurity company has seen shares decline over the past two results, but that hasn’t stopped its continued momentum. The stock averages a one-day move of +/- 8.5%, so expect volatility.

Technically, CRWD comes into the week at an intriguing pivot point. After breaking out to new highs, the stock pulled back to its old resistance areas from which it broke above.  Will old resistance become support, or are we looking at a potential bull trap?

The relative strength index (RSI) indicates there may be room to run. We have seen some extreme overbought conditions in the past, and we are not there yet. A solid beat and guide could see additional momentum in what continues to be one of the top stocks within the cybersecurity sector.

Speaking of strength, CRWD is shining on a relative basis. It’s up 36.7% year-to-date, outperforming CIBR, the biggest cybersecurity ETF in CIBR, which is up 12.8%. That said, downside risk could be steep given the recent run. Stepping in front of this stock ahead of results could be costly. On weakness, wait for a better risk/reward entry and look for support just around $405.

Broadcom (AVGO): Ready to Step Out of Nvidia’s Shadow?

Broadcom (AVGO) is Nvidia’s baby brother. It is in the $1 trillion market cap club, a top holding in both the Semiconductor ETF (SMH), the Technology ETF (XLK), and the Nasdaq 100 (QQQ).

AVGO has grown mightily in NVDA’s shadow for years now. Shares have rallied just over 500% from their 2022 lows, which pales to the 1250+% rally in Nvidia. However, over the past 52 weeks, AVGO shares have risen 82% compared to Nvidia’s 23% gain.

Now that we’ve seen how price action settled out with NVDA, what could this mean for AVGO?

Technically, if AVGO wanted to step out of NVDA’s shadows, this would be the chance to do so and lead the semiconductors higher. However, momentum is waning, and we continue to see large caps struggle to make new highs.

The table is set for a potentially large breakout. AVGO is at a key resistance area just under $250. It couldn’t break through it last week, but could earnings be the catalyst for getting it over the top? Given the overbought conditions and tough market environment, it should be a challenge. You may be able to buy this stock on a dip and wait for the rest of the market to catch up as we look for more clarity on tariff policy. Look for a pullback to the $220 area to add to or enter the name.

Long-term investors should ignore the noise to come. AVGO has suffered through the worst and should break out in due time. It just may not be this time.

In this video, Mary Ellen highlights key areas of the stock market that gained strength last week, including Staples and Aerospace stocks. She also shares several Dividend Aristocrat stocks that can help stabilize your portfolio in times of market volatility. Whether you’re seeking defensive plays or looking to align with sector rotation trends, this video provides practical insights to strengthen your trading strategy.

This video originally premiered May 30, 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.

Russian and Ukrainian delegates met in Istanbul on Monday for their second set of direct peace talks, a day after Kyiv launched a shock drone attack on Russia’s nuclear-capable bombers, in an operation that President Volodymyr Zelensky said was a year and a half in the making.

After the initial round of discussions in the Turkish city last month – the first between the warring countries since soon after Russia’s full-scale invasion in early 2022 – both sides agreed to share their conditions for a full ceasefire and a potentially lasting peace. Zelensky said Sunday that Ukraine had presented Moscow with its “logical and realistic” demands, but said Russia had not yet shared its memorandum.

“We don’t have it,” Zelensky said. “The Turkish side doesn’t have it, and the American side doesn’t have the Russian document either. Despite this, we will attempt to achieve at least some progress on the path toward peace.”

It is not yet clear if Ukraine’s daring Sunday air raid will streamline that path or make it more thorny. Kyiv has long sought to impress upon the Kremlin that there are costs to prolonging its campaign, but some analysts have warned that the operation – which struck Russian airfields thousands of miles from Ukraine’s borders – will only replenish Moscow’s resolve.

The mission, codenamed “Spiderweb,” was one of the most significant blows that Ukraine has landed against Russia in more than three years of full-scale war. Ukraine’s security service, the SBU, said it had smuggled the drones into Russia, hiding them in wooden mobile homes latched onto trucks. The roofs were then remotely opened, and the drones deployed to launch their strikes on four Russian airfields across the vast country.

Vasul Malyuk, the head of the SBU, said the attack caused an estimated $7 billion in damage and had struck 34% of Russia’s strategic cruise missile carriers – a total of 41 aircraft. These targets were “completely legitimate,” Malyuk said, stressing that Russia had used the planes throughout the conflict to pummel Ukraine’s “peaceful cities.”

The operation has provided a much-needed boost to morale in Ukraine, which has come under fierce Russian bombardment since peace talks began in mid-May, and is bracing for an expected summer offensive. Moscow launched a record 472 drones at Ukraine overnight into Sunday, only hours before the Ukrainian attack, according to Ukrainian officials.

At a summit in Lithuania on Monday, an upbeat Zelensky said the operation proved that Ukraine has “stronger tactical solutions” than Russia.

“This is a special moment – on the one hand, Russia has launched its summer offensive, but on the other hand, they are being forced to engage in diplomacy,” Zelensky said.

The talks in Istanbul are a test of how genuine that engagement is. Last month, Russian President Vladimir Putin proposed holding “direct talks” with Ukraine in Turkey, but didn’t show up, despite Zelensky agreeing to meet. In the end, Moscow sent a low-level delegation to negotiate instead.

In the latest sign of his frustration that the war he pledged to end in a day is showing little sign of stopping, US President Donald Trump said last week that Putin had gone “absolutely crazy,” after Moscow launched the largest aerial attack of the war.

Trump has repeatedly told Russia and Ukraine there will be consequences if they don’t engage in his peace process, although he has so far resisted growing calls from lawmakers in his Republican Party to use sanctions to pressure Putin into winding down his war.

Speaking in Lithuania, Zelensky said that if Monday’s meeting “brings nothing, that clearly means strong new sanctions are urgently, urgently needed.”

This post appeared first on cnn.com

Britain will build new attack submarines, invest billions on nuclear warheads and move towards “war-fighting readiness,” Prime Minister Keir Starmer said Monday, as he braces for a landmark report into the state of the country’s military.

Starmer’s government said it would build “up to” 12 new attack submarines as part of its AUKUS partnership with the United States and Australia, replacing the country’s current class of seven subs from the late 2030s.

And he will launch a “historic renewal” of the UK’s nuclear deterrent backed by a £15 billion ($20.3 bn) investment, Starmer said in a speech in Scotland on Monday.

The announcements come as a long-awaited review into Britain’s armed services is published Monday. Experts have been calling for a modernization of Britain’s armed services for decades, cries that have grown in volume since Russia’s invasion of Ukraine three years ago.

“When we are being directly threatened by states with advanced military forces, the most effective way to deter them is to be ready, and frankly, to show them that we’re ready to deliver peace through strength,” Starmer said Monday.

But Starmer refused to set out the timeline for his pledge that Britain’s overall defense spending would hit 3% of the UK’s gross domestic product (GDP). The uplift, announced earlier this year, is set to be reached by the end of the next parliament in 2034, but is dependent on economic conditions.

And the prime minister did not set out where the money to pay for the new weaponry will come from; he previously announced cuts to the UK’s aid budget to fund the uplift in defense spending, and he declined to rule out similar moves on Monday.

The fiscal promise from the UK falls short of defense spending promises from some NATO countries, whose spending has been closely scrutinized by US President Donald Trump.

NATO’s Secretary General Mark Rutte said last month he “assumed” NATO members will agree on a defense spending target of 5% at June’s NATO summit, a significant increase from the 2% benchmark, which was agreed to in 2014.

Per 2024 NATO data, only Poland’s defense expenditure was above 4% of GDP, although Latvia and Estonia had promised increases to 5%, with Italy promising a hike to between 3.5 and 5% of GDP. The US’ defense expenditure sat at 3.38% of GDP in 2024, making up some 64% of total NATO expenditure.

Russia’s invasion of Ukraine – and the subsequent pressure from Trump’s administration on European nations to boost their own military capabilities – has sparked a race among Europe’s key military powers to boost their readiness and counter the Russian threat should the White House pull its support for Kyiv.

The UK “cannot ignore the threat that Russia poses,” Starmer told the BBC on Monday. “Russia has shown in recent weeks that it’s not serious about peace, and we have to be ready.”

Starmer said Monday he intended to turn the UK into a “battle-ready, armour-clad nation with the strongest alliances, and the most advanced capabilities, equipped for the decades to come.”

Alongside the promised submarines, Starmer said that a “hybrid Royal Navy” will patrol the North Atlantic — a key transit route for Russian submarines to reach the eastern US seaboard — signalling a move to more drone-based naval capabilities.

The review, commissioned by his government and led by former NATO chief George Robertson, is expected to highlight a number of emerging threats, such as drone warfare, in which Britain is falling behind.

Given decades of shrinking investment in the British military, questions have been raised over the deterrence that Britain’s conventional and nuclear weapons offer, particularly given its reliance on a US supply chain.In the last eight years, the UK has publicly acknowledged two failed nuclear missile tests, one of them in the waters off Florida, when dummy missiles didn’t fire as intended.

This post appeared first on cnn.com

After too many nights of pulling children from the rubble of Russian drone strikes, the weekend’s devastating attacks on Moscow’s military pride mark a moment of brief respite for Ukrainian morale, and yet another twist of the unexpected in the Kremlin’s war of choice.

It may be hard to fathom the precise impact of Ukraine’s wily drone assault on Russian air bases thousands of miles beyond the Ukrainian border. Kyiv said 41 long-range bomber jets were set aflame and that the attacks hit 34% of Russia’s strategic cruise missile carriers at its main bases.

We don’t know how many bombers Russia had that were fully functional – after years of taxing nightly missions over Ukraine – and how many others had been cannibalized for spare parts, but some reports suggest Russia only had about 20 of the propeller-driven Tu-95s and about 60 supersonic Tu-22M3s in service.

It will become clear in the months ahead to what extent this really dents the terror the air raid sirens bring across Ukraine. But if what Kyiv says is true – 117 relatively cheap drones taking out dozens of planes and causing what one security source estimated to be $7 billion in damage – then the economics of the war have shifted.

And it marks another point in which guile triumphs over the giant. Russia’s main card is its vastness – of military resources, frontline manpower, tolerance for pain and financial reserves. But repeatedly, Kyiv has shown targeted pin pricks can burst these bubbles.

In late 2022, the Ukrainians struck supply lines across occupied northern parts of Ukraine, causing a swift and embarrassing collapse of Russian positions. In 2023, they hit the Kerch Strait bridge linking Russia to occupied Crimea. And last year they invaded Kursk, Russia proper, exposing the vulnerability of the Russian war machine’s borders.

On each occasion, the narrative of the war swung back in Ukraine’s favor. But no time is it needed more than this week, after months in which the vital plank of US support has been in doubt, and as Russian and Ukrainian delegations met for a second round of peace talks in Turkey.

It also brings to the forefront one of the key lessons of this war: the capacity for advances in technology, solid intelligence and bold execution to reverse military trajectories many observers felt were settled. Ukraine’s first use of attack drones in 2023 has evolved to a widescale tactic, enabling it to survive the onslaught of overwhelming Russian infantry attacks across wide, imperiled frontlines. It has sent sea-drones to hit Russia’s prized Black Sea Fleet.

And most extraordinarily, this weekend, Ukraine says its air defenses repelled, with unparalleled success, a record Russian drone attack of 472 Shaheds. Ukraine shot down or used electronic warfare to block 382 of them, according to the air force, a feat that again suggests a technological advance, and the possibility that dwindling air defense interceptor supplies from the United States may not be the immediate horrific threat thought a month ago.

But what of the wider impact of the bold drone attack inside Russia – one so deep, in Belaya, Irkutsk, that it was almost halfway across Siberia? What does it change in a war where Russia is slowly advancing, and showing little genuine interest in a ceasefire and the peace that might come with it? This is an unknowable, but not a zero. Losing these aircraft has a practical effect, and impacts upon Russian military pride and anxiety. Even airfields deep in Siberia are not safe.

Russia’s lumbering bulk of a military machine projects invulnerability and fearlessness towards the longest of wars as a tactic. It uses the idea of time being on its side as a key asset. But strikes like the weekend’s show its hardware is vulnerable, limited and probably not easy to replace.

Moscow may brush off this latest setback, its rigidly subservient state media able to sustain any narrative the Kremlin chooses. But that does not alter the reality of its troubles. It did not stop the short-lived Wagner rebellion of 2023, or the Ukrainian incursion into Kursk last year.

The damage is twofold: to the internal narrative that Moscow can do this indefinitely – it clearly cannot, if surprises like these keep coming. And secondly, to its ability to visit the sort of bulk destruction it has relied upon to grind forwards in the war. The latter can slow its progress, but former is more dangerous. Tiny cracks can spread. For now, they are all Ukraine is able to inflict, but their longer-term impact, like so much in this war, is utterly unpredictable.

This post appeared first on cnn.com

Police investigating the disappearance of British toddler Madeleine McCann will carry out fresh searches near the Portuguese holiday resort she was last seen 18 years ago, authorities said on Monday.

The 3-year-old disappeared from her bed while on vacation with her family in the Praia da Luz resort, in southern Portugal, on May 3, 2007. She has not been seen since.

Detectives acting on a request from a German public prosecutor will carry out “a broad range” of searches this week in the area of Lagos, in southern Portugal, a Portuguese police statement said.

The main suspect in the case is a German national identified by media as Christian Brueckner, who is currently serving a seven-year prison sentence in Germany for raping a 72-year-old woman in Portugal in 2005.

He is under investigation on suspicion of murder in the McCann case but hasn’t been charged. He spent many years in Portugal, including in Praia da Luz, around the time of the child’s disappearance. Brueckner has denied any involvement in her disappearance.

Prosecutors in Braunschweig, Germany, who are responsible for the investigation, didn’t give details of the “judicial measures” taking place in Portugal, according to Germany’s dpa news agency. They said the measures are being carried out by Portuguese authorities with support from officers from Germany’s Federal Criminal Police Office.

Britain’s Metropolitan Police said it was “aware of the searches being carried by the BKA (German federal police) in Portugal as part of their investigation into the disappearance of Madeleine McCann.”

“The Metropolitan Police Service is not present at the search, we will support our international colleagues where necessary,” the force added, without giving more details.

The McCann case received worldwide interest for several years, with reports of sightings of her stretching as far away as Australia as well as books and television documentaries about her disappearance.

Almost two decades on, investigators in the UK, Portugal and Germany are still piecing together what happened on the night she disappeared. She was in the same room as her brother and sister — 2-year-old twins — while their parents, Kate and Gerry, had dinner with friends at a nearby restaurant.

The last time police resumed searches in the case was in 2023, when detectives from the three countries took part in an operation searching near a dam and a reservoir about 50 kilometers (30 miles) from the Praia da Luz resort.

Madeleine’s family marked the 18th anniversary of her disappearance last month, and expressed their determination to keep searching.

This post appeared first on cnn.com