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MLB Trade Rumors and News: Rodon throws a no-hitter, slew of Astros hit the COVID injured list

Kamil Krzaczynski-USA TODAY SportsHave a night, Carlos Rodon. The MLB Daily Dish is a daily feature we’re running here at MLBDD that rounds up roster-impacting news, rumors, and analysis. Have feedback or have something that should be shared? Hit us up…

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MLB: Cleveland Indians at Chicago White Sox
Kamil Krzaczynski-USA TODAY Sports

Have a night, Carlos Rodon.

The MLB Daily Dish is a daily feature we’re running here at MLBDD that rounds up roster-impacting news, rumors, and analysis. Have feedback or have something that should be shared? Hit us up at @mlbdailydish on Twitter or @MLBDailyDish on Instagram.

  • Since being a highly heralded pitching prospect who was drafted #3 overall, Carlos Rodon has had to overcome several severe injuries and the label as a “bust” in his career whether it was fair or not. For at least one night last night, though, Rodon showed everyone what he was capable of as he threw a no-hitter (and nearly a perfect game if not for a 9th inning HBP) against the Indians.
  • Quite suddenly and somewhat mysteriously, the Astros find themselves in quite a pickle. The team announced yesterday that five players including Alex Bregman, Jose Altuve, and Yordan Alvarez were all headed to the COVID injured list. The rumor is that there is at least one suspect positive case of COVID-19 on the roster and all of these guys will have to go through protocols before they can return.
  • Braves center fielder Cristian Pache, widely considered a preseason favorite for the NL Rookie of the Year Award, is being placed on the injured list after suffering a strained left groin in the Braves’ loss to the Marlins on Tuesday night. Pache wasn’t exactly off to a scorching start this season, hitting .133 (4 for 30) with a .361 OPS.
  • The Dodgers have placed Cody Bellinger on the injured list with a calf contusion. Depending on how his recovery timeline progresses, we could see the young phenom back on the field in a week’s time. Luke Raley was called up to take his roster spot.
  • A rough way to start the season is for it to end nearly immediately. Angels outfielder Dexter Fowler has sustained a torn ACL and will undergo season ending surgery. He suffered the injury last Friday against the Blue Jays, hitting second base at an awkward angle. Los Angeles acquired the 35-year old from a deal with the Cardinals for a player to be named later, but it allowed St. Louis to dump most of Fowler’s $16.5M owed to him in the final year of his five year, $82.5M deal. His Cardinals career was marred by injuries too, and Fowler slashed a weak .233/.334/.408 for his time in St. Louis. However, the World Series champion isn’t considering retirement, he tells Jack Harris of the L.A. Times, and plans to be back on the field next season.
  • James Paxton had the opposite of an ideal start to the season, as Tommy John surgery was recommended for the Mariners starter. He threw just 1.1 innings before leaving his season debut with an arm injury. If Paxton opted for the surgery, he’d return to the mound in mid-2022, also missing that season opener.
  • MLB is inspecting some suspicious baseballs from Trevor Bauer’s start on Wednesday, Ken Rosenthal of The Athletic reports. The alleged evidence from the game was noted to have “visible markings” seen and were described as “sticky”. If the league decided to punish the 30-year old, the MLB Player’s Union has come out and said that they would “challenge discipline not covered under current rules.”
  • It’s been a rough week for pitchers doing...anything. Trevor Rosenthal underwent thoracic outlet surgery Thursday, Martin Gallegos of MLB.com reports. The 30-year-old kicked off this season on the IL because of a shoulder problem. While the procedure is usually a 12-week recovery period, he will be re-evaluated in eight weeks. The closer spent this offseason hunting for a long-term deal that would hopefully keep him planted for a while. What he ended up with was a 1-year, $11M deal with the Athletics. After a monster comeback in 2020, pitching a 1.90 ERA over 23.2 innings pitched between the Royals and the Padres, this feels like a devastating blow for any sort of late-career renaissance. Fingers crossed for Oakland fans that he ends up back in the bullpen sooner than anticipated.
  • The Yankees made a somewhat surprising addition last Tuesday, acquiring veteran infielder Rougned Odor from the Rangers in exchange for minor league outfielders Antonio Cabello and Josh Stowers. The Rangers are responsible for paying all but the league minimum to Odor, who they previously designated for assignment, and the Yankees will take a chance on a hitter who is capable of dominating right-handed pitching but has struggled to make contact in recent seasons.
  • Orlando Arcia was widely considered one of the top prospects in baseball about five years ago, but he’s mostly been a disappointment since arriving in the big leagues. The Braves will see if they can turn his career around after acquiring the 26-year-old shortstop from the Brewers last week in exchange for relievers Patrick Weigel and Chad Sobotka. Arcia will initially report to Atlanta’s alternate training site.
  • Fernando Tatis Jr. has quickly become one of the faces of the entire league which his play on the field. That play was rewarded this offseason with a massive contract extension, which makes the news from last Monday even more upsetting. On a swinging strike against the Giants, Tatis Jr. went down in a heap and it was announced that he had partially dislocated his shoulder. He underwent an MRI on Tuesday and was placed on the injured list, though surgery is not being recommended at this time.
  • MLB has pulled the 2021 All-Star Game from Georgia due to new voting restrictions, and they’ll now host the Midsummer Classic at Denver’s Coors Field (we’re already excited for that Home Run Derby).
  • The Angels have signed David Fletcher to a five-year, $26M extension, reports Fabian Ardaya of The Athletic. The second baseman slashed a career best .319/.376/.425 over 230 plate appearances last season. While he offers almost no power at the plate, he’s consistent and has a jarringly low strikeout rate. The extension will begin this season and extend through 2025. The 26-year-old wouldn’t have been arbitration eligible until after this season and wouldn’t not have hit free agency until after the 2024 season. There is also a club option and buyout of $8.5M and $1.5M, respectively.
  • Two-time All-Star slugger Todd Frazier was unable to find a major league job elsewhere after being informed that he wouldn’t make the Pirates’ Opening Day roster and opting out of his minor league deal. Frazier returned to the Pirates organization on a new minor league contract, and one would think he’ll be one of the first players they turn to in the event of injury or poor performance after he posted a .996 OPS with three homers this spring.
  • The health and safety protocols that the league has put in place for the 2021 season have been a hot topic given that we are amidst a vaccine rollout that should, in theory, make existing out in the world much safer and easier. Monday, MLB sent out a memo to teams saying that if at least 85% of a team’s roster becomes vaccinated, that the health protocols they are operating under will be relaxed.
  • The White Sox, fresh off an impressive run to the postseason last year, are primed to win the AL Central this year, but things just got a bit harder. It was announced last week that slugger Eloy Jimenez ruptured his pectoral tendon and will miss around 5-6 months of action as he recovers. While the White Sox do have a good number of quality bats in their lineup, Eloy’s injury is really going to put their depth to the test and place a lot of pressure on some young guys to perform.
  • One of the more exciting guys set to hit free agency after this season is shortstop Carlos Correa who, despite having trouble staying healthy in his career, would be one of the biggest names on the free agent market if he made it there. It was reported that the while Astros did offer an extension to him, Correa considered the offer so low that he now seems resigned to test the waters in free agency after the season.
  • While it doesn’t look super promising that the Astros are going to be able to lock up Carlos Correa and already lost George Springer to free agency, they did get some good news last week as they were able to lock up Lance McCullers with a five-year extension. It isn’t the marquee extension/signing they probably need to prolong their competitive window, but hey....progress.
  • Right-hander Zac Gallen was the Diamondbacks’ ace in 2020, but it appears they won’t have him to begin 2021, as he’s been diagnosed with a hairline stress fracture in his right lateral forearm. He’ll continue playing catch, but it’s doubtful that he’ll be ready to take the mound again by Opening Day.
  • After signing a one-year deal with Toronto over the offseason, former All-Star reliever Kirby Yates may never get a chance to pitch in a Blue Jays uniform. Yates underwent Tommy John surgery, knocking him out for the entire 2021 season.
  • As if the Yates injury wasn’t troubling enough for the Blue Jays, they may also be without their biggest offseason addition on Opening Day, as outfielder George Springer suffered a Grade 2 oblique strain, leaving his status uncertain for the beginning of the season.
  • The Royals and Salvador Perez have agreed to a monster contract extension. The deal will keep Perez in Kansas City for four more years to the tune of $82M. Slashing a career .269/.300/.449, the 30-year old was a cornerstone of the team’s 2015 World Series run. The extension also comes less than two years after Perez had Tommy John surgery and missed the entire 2019 season. Despite that, the Royals seem to have no intention of letting the franchise icon leave any time soon.
  • Lefty swingman Roenis Elías, who joined the Mariners for a third stint this offseason after missing the entire 2020 season with a flexor strain, underwent Tommy John surgery and miss the entire 2021 campaign. Elías was in camp as a non-roster invitee, so the Mariners have offered him a two-year minor league deal so he can rehab in the Seattle organization.
  • In their flurry of a rebuild, the Orioles have finalized a deal with free agent infielder Maikel Franco. While Franco, a former top prospect with the Phillies, didn’t live up to the hype in Philadelphia, he redeemed himself last season in Kansas City, playing in all 60 games and slashing .278/.321/.457. If Franco keeps up his improvement at the plate, not only would he be an affordable power hitter for Baltimore, but his trade value come the deadline would skyrocket.
  • A few seasons ago, MLB tested out some new rules in the minor leagues that ended up being used in the major leagues, including the extra inning rule where a runner started each extra inning on second base. Now, it looks like MLB is eyeing some other changes with new rules getting tested out in the minors during the 2021 season. Such changes include an automated strike zone, limits on the shift, limits on pickoff moves, and changes to the physical bases designed to lead to less slipping and less collisions on the basepaths.
  • Yankees reliever Zack Britton will miss the beginning of the season, as he’ll undergo arthroscopic surgery to remove a bone spur from his pitching elbow and be out for at least a month. That’s a major loss for the Bronx Bombers, as the two-time All-Star had a stellar 1.89 ERA and a 1.00 WHIP with eight saves in 20 games last season.
  • There was some hope that the COVID-19 pandemic would calm down quickly enough that the Triple-A season could begin at the same time as the major league season. That hope has now dried up, and minor leaguers with a chance of contributing in the big leagues at the outset of the season will be assigned to an alternate site, just like during the 2020 season. There’s hope that the Triple-A season might begin in May, but everything remains in question until teams feel comfortable transporting minor leaguers — in particular, those who might be promoted to the big leagues — on commerical flights.
  • The Kansas City Royals and Hunter Dozier have settled on a four-year extension. The deal will give Dozier a $25M guarantee with a $10M option for 2025. But it doesn’t end there — if he maxes out all his bonuses and incentives, he’s look at a ceiling of $49M. The 29-year old was some time away from reaching free agency, not hitting the open market until after the 2023 season. In 2019, the third baseman slashed .279/.348/.522 with 26 home runs over 586 plate appearances. The curt and strange 2020 season saw a vastly different Dozier, hitting .228/.344/.392, however he was diagnosed with COVID-19 in July, no doubt effecting his power at the plate even after recovery. With Maikel Franco back on the free agency market, Dozier will remain at third base rather than being bounced around from first to the corner infield.

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Analyst reviews Apple stock price target amid challenges

Here’s what could happen to Apple shares next.

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They said it was bound to happen.

It was Jan. 11, 2024 when software giant Microsoft  (MSFT)  briefly passed Apple  (AAPL)  as the most valuable company in the world.

Microsoft's stock closed 0.5% higher, giving it a market valuation of $2.859 trillion. 

It rose as much as 2% during the session and the company was briefly worth $2.903 trillion. Apple closed 0.3% lower, giving the company a market capitalization of $2.886 trillion. 

"It was inevitable that Microsoft would overtake Apple since Microsoft is growing faster and has more to benefit from the generative AI revolution," D.A. Davidson analyst Gil Luria said at the time, according to Reuters.

The two tech titans have jostled for top spot over the years and Microsoft was ahead at last check, with a market cap of $3.085 trillion, compared with Apple's value of $2.684 trillion.

Analysts noted that Apple had been dealing with weakening demand, including for the iPhone, the company’s main source of revenue. 

Demand in China, a major market, has slumped as the country's economy makes a slow recovery from the pandemic and competition from Huawei.

Sales in China of Apple's iPhone fell by 24% in the first six weeks of 2024 compared with a year earlier, according to research firm Counterpoint, as the company contended with stiff competition from a resurgent Huawei "while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said senior Analyst Mengmeng Zhang.

“Although the iPhone 15 is a great device, it has no significant upgrades from the previous version, so consumers feel fine holding on to the older-generation iPhones for now," he said.

A man scrolling through Netflix on an Apple iPad Pro. Photo by Phil Barker/Future Publishing via Getty Images.

Future Publishing/Getty Images

Big plans for China

Counterpoint said that the first six weeks of 2023 saw abnormally high numbers with significant unit sales being deferred from December 2022 due to production issues.

Apple is planning to open its eighth store in Shanghai – and its 47th across China – on March 21.

Related: Tech News Now: OpenAI says Musk contract 'never existed', Xiaomi's EV, and more

The company also plans to expand its research centre in Shanghai to support all of its product lines and open a new lab in southern tech hub Shenzhen later this year, according to the South China Morning Post.

Meanwhile, over in Europe, Apple announced changes to comply with the European Union's Digital Markets Act (DMA), which went into effect last week, Reuters reported on March 12.

Beginning this spring, software developers operating in Europe will be able to distribute apps to EU customers directly from their own websites instead of through the App Store.

"To reflect the DMA’s changes, users in the EU can install apps from alternative app marketplaces in iOS 17.4 and later," Apple said on its website, referring to the software platform that runs iPhones and iPads. 

"Users will be able to download an alternative marketplace app from the marketplace developer’s website," the company said.

Apple has also said it will appeal a $2 billion EU antitrust fine for thwarting competition from Spotify  (SPOT)  and other music streaming rivals via restrictions on the App Store.

The company's shares have suffered amid all this upheaval, but some analysts still see good things in Apple's future.

Bank of America Securities confirmed its positive stance on Apple, maintaining a buy rating with a steady price target of $225, according to Investing.com

The firm's analysis highlighted Apple's pricing strategy evolution since the introduction of the first iPhone in 2007, with initial prices set at $499 for the 4GB model and $599 for the 8GB model.

BofA said that Apple has consistently launched new iPhone models, including the Pro/Pro Max versions, to target the premium market. 

Analyst says Apple selloff 'overdone'

Concurrently, prices for previous models are typically reduced by about $100 with each new release. 

This strategy, coupled with installment plans from Apple and carriers, has contributed to the iPhone's installed base reaching a record 1.2 billion in 2023, the firm said.

More Tech Stocks:

Apple has effectively shifted its sales mix toward higher-value units despite experiencing slower unit sales, BofA said.

This trend is expected to persist and could help mitigate potential unit sales weaknesses, particularly in China. 

BofA also noted Apple's dominance in the high-end market, maintaining a market share of over 90% in the $1,000 and above price band for the past three years.

The firm also cited the anticipation of a multi-year iPhone cycle propelled by next-generation AI technology, robust services growth, and the potential for margin expansion.

On Monday, Evercore ISI analysts said they believed that the sell-off in the iPhone maker’s shares may be “overdone.”

The firm said that investors' growing preference for AI-focused stocks like Nvidia  (NVDA)  has led to a reallocation of funds away from Apple. 

In addition, Evercore said concerns over weakening demand in China, where Apple may be losing market share in the smartphone segment, have affected investor sentiment.

And then ongoing regulatory issues continue to have an impact on investor confidence in the world's second-biggest company.

“We think the sell-off is rather overdone, while we suspect there is strong valuation support at current levels to down 10%, there are three distinct drivers that could unlock upside on the stock from here – a) Cap allocation, b) AI inferencing, and c) Risk-off/defensive shift," the firm said in a research note.

Related: Veteran fund manager picks favorite stocks for 2024

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Major typhoid fever surveillance study in sub-Saharan Africa indicates need for the introduction of typhoid conjugate vaccines in endemic countries

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high…

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There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

Credit: IVI

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

 

The findings from this 4-year study, the Severe Typhoid in Africa (SETA) program, offers new typhoid fever burden estimates from six countries: Burkina Faso, Democratic Republic of the Congo (DRC), Ethiopia, Ghana, Madagascar, and Nigeria, with four countries recording more than 100 cases for every 100,000 person-years of observation, which is considered a high burden. The highest incidence of typhoid was found in DRC with 315 cases per 100,000 people while children between 2-14 years of age were shown to be at highest risk across all 25 study sites.

 

There are an estimated 12.5 to 16.3 million cases of typhoid every year with 140,000 deaths. However, with generic symptoms such as fever, fatigue, and abdominal pain, and the need for blood culture sampling to make a definitive diagnosis, it is difficult for governments to capture the true burden of typhoid in their countries.

 

“Our goal through SETA was to address these gaps in typhoid disease burden data,” said lead author Dr. Florian Marks, Deputy Director General of the International Vaccine Institute (IVI). “Our estimates indicate that introduction of TCV in endemic settings would go to lengths in protecting communities, especially school-aged children, against this potentially deadly—but preventable—disease.”

 

In addition to disease incidence, this study also showed that the emergence of antimicrobial resistance (AMR) in Salmonella Typhi, the bacteria that causes typhoid fever, has led to more reliance beyond the traditional first line of antibiotic treatment. If left untreated, severe cases of the disease can lead to intestinal perforation and even death. This suggests that prevention through vaccination may play a critical role in not only protecting against typhoid fever but reducing the spread of drug-resistant strains of the bacteria.

 

There are two TCVs prequalified by the World Health Organization (WHO) and available through Gavi, the Vaccine Alliance. In February 2024, IVI and SK bioscience announced that a third TCV, SKYTyphoid™, also achieved WHO PQ, paving the way for public procurement and increasing the global supply.

 

Alongside the SETA disease burden study, IVI has been working with colleagues in three African countries to show the real-world impact of TCV vaccination. These studies include a cluster-randomized trial in Agogo, Ghana and two effectiveness studies following mass vaccination in Kisantu, DRC and Imerintsiatosika, Madagascar.

 

Dr. Birkneh Tilahun Tadesse, Associate Director General at IVI and Head of the Real-World Evidence Department, explains, “Through these vaccine effectiveness studies, we aim to show the full public health value of TCV in settings that are directly impacted by a high burden of typhoid fever.” He adds, “Our final objective of course is to eliminate typhoid or to at least reduce the burden to low incidence levels, and that’s what we are attempting in Fiji with an island-wide vaccination campaign.”

 

As more countries in typhoid endemic countries, namely in sub-Saharan Africa and South Asia, consider TCV in national immunization programs, these data will help inform evidence-based policy decisions around typhoid prevention and control.

 

###

 

About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.

IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO) and developed a new-generation typhoid conjugate vaccine that is recently pre-qualified by WHO.

IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, a Country Office in Austria, and Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.

 

CONTACT

Aerie Em, Global Communications & Advocacy Manager
+82 2 881 1386 | aerie.em@ivi.int


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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

Earlier today, CNBC’s…

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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes

Earlier today, CNBC's Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:

We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.   

Maybe it will never matter.   Maybe MMT is real.   Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.

I have no idea.  Only time will tell.   But it’s going to be fascinating to watch it play out.

He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.

The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...

... and spending which is about 50% higher compared to where it was in 2020.

The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.

And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.

But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).

And it gets even worse, because we are now in the ponzi finance stage of the Minsky cycle, with total interest on the debt annualizing well above $1 trillion, and rising every day

... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.

We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...

.. which lays out the proposed Biden budget as follows:

The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.

Without them the deficit will grow $19 trillion.

That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.

No family budget or business could exist with this kind of math.

Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.

Tyler Durden Tue, 03/12/2024 - 18:40

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