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BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes

Add BMW to the growing list of European automakers slashing forecasts due to softening demand, especially in China.BMW’s ADRs fell 5% late in the US cash session after news that the struggling automaker slashed its full-year automotive profit outlook to around breakeven and warned of delivery declines. The European automaker said it would accelerate restructuring and phase out older models. It now expects automotive operating margin to range from -.5% to to .5% for the year, down from its previous forecast of 1% to 3%.BMW attributed the profit downgrade to fourth-quarter charges from expanded restructuring and a “decision to expand and intensify portfolio and structural measures.” “The portfolio measures stem from the sustained high demand for Neue Klasse models, to which the BMW Group has responded by introducing additional production shifts at an early stage. The resulting acceleration of the production ramp-up creates an opportunity to begin phasing out previous vehicle and technology generations earlier, including selected models based on Gen5 battery technology,” the automaker wrote in a statement. BMW also expects a moderate decline in annual vehicle deliveries, compared with a previously forecast slight decline. More details here:Deliveries in Segment Automotive: moderate decrease versus previous year (before: slight decrease).Share of all-electric cars in deliveries in Segment Automobile: slight increase versus previous year (before: at previous year’s level).CO2e emissions scope 3 supply chain and use phase in Segment Automobile: slight decrease versus previous year (before: at previous year’s level).Deliveries in Segment Motorcycles: slight decrease versus previous year (before: at previous year’s level).Wall Street analysts expect third quarter earnings before interest and taxes of 1.62 billion on revenue of 30.24 billion euros, according to Bloomberg Consensus estimates. Automotive revenue is expected to be 26.55 billion euros, with an operating margin of 2.56%. Vehicle deliveries are expected to be around 564,224. Jefferies analyst Philippe Houchois expects automotive revenue for the quarter to decline from one year ago, reflecting lower deliveries, inventory reductions, and a less favorable sales mix. The carmaker is expected to report results tomorrow.
Tyler Durden
Tue, 11/03/2026 – 14:15

Tiger Woods and his design firm are set to break ground on a new project, reviving a golf club that’s been closed since 2021.The 15-time major winner announced that he and his team will be redesigning the Tam O’Shanter Country Club on Long Island, roughly 10 miles away from where he won the 2002 U.S. Open.The club was rocked by a scandal in the early 2010s when it was reported that members of the club took prostitutes and strippers to the club for golf outings. The property was sold in 2019 for a potential housing development project, but plans fell through after an arsenic discovery, and the club closed two years later.CLICK HERE FOR MORE OUTKICK SPORTS COVERAGEBut Woods is planning on bringing the once-famed course back to life.”The opportunity to create a new golf experience in the heart of Long Island’s Gold Coast, a region steeped in rich history, is tremendously exciting for our team,” Woods said in a statement. “I have great memories of competing on Long Island, especially at Bethpage. This region has an extraordinary golf course architecture tradition, and we look forward to contributing to that legacy with a course that players can enjoy for generations.””Bringing Tiger Woods and TGR Design to this beautiful and historic part of Long Island is a remarkable opportunity,” Brookville Mayor Dan Serota said in a statement. “Combining the Gold Coast’s longstanding golf tradition with Tiger and his team’s skill and attention to detail makes this an exciting project for Brookville and the broader region.”JON RAHM OPEN TO ACCEPTING BROOKS KOEPKA-LIKE PENALTIES IN ORDER TO RETURN TO PGA TOUR AFTER LIV GOLF EXITWoods’ TGR Design is partnering with The Armchair Collective, a private golf company that bought the land in September.The project will include new practice facilities, a new clubhouse and a golf performance center.”Long Island is home to some of the most celebrated golf courses in the country, and we’re looking forward to contributing to the region’s rich golf history,” Woods said in an Instagram post.Woods’ return to the golf course remains to be determined – he has not played since the 2024 Open Championship. When he was arrested in March, he said he was “hoping to” play in April’s Masters, but he ultimately missed the entire 2026 season.SIGN UP FOR THE DAILY OUTKICK NEWSLETTERHe is set to host the Hero World Challenge next month, where he could suit up.

Popeyes has brought back a previously discontinued side, prompting celebrations from some fans and complaints from others.The Southern-fried chicken chain’s Cajun Onion Rings returned to U.S. menus on Nov. 2 for $3.99.The crispy, Cajun spice-covered rings come with a cup of buttermilk ranch and are available for a limited time.CHEFS NAME AMERICA’S BEST FAST- FOOD FRIED CHICKEN AND BISCUITS — AND ONE CHAIN STANDS ABOVE THE REST”Popeyes is bringing even more bold Louisiana flavor to the table with their new Cajun Onion Rings, a crispy, craveable premium side seasoned with Cajun spice,” the company told Fox News Digital. “Made to be shared, they’re joining a lineup of offers that bring fans together over a satisfying meal at a great value.”The side item was available in the 1990s, and many locations stopped selling it in the early 2010s, with the last locations discontinuing it in 2020, according to multiple reports.POPEYES BRINGS BACK POPULAR MENU ITEM FOR GOOD, AND NOT EVERYONE IS HAPPYThe return sparked nostalgia among some customers.On Popeyes’ Instagram announcement, one commenter wrote, “I have waited sooooo very long!” Another remembered eating the rings in the 1990s.An Allrecipes review of the item praised its crispy batter and said the Cajun heat builds as you eat.Some people were more skeptical, though, questioning whether the recipe is the same as it was in the past.TEST YOURSELF WITH OUR LATEST LIFESTYLE QUIZOne customer who claimed to have tried the rings called them “hard and burnt and overly salted.”Others complained that the side wasn’t worth the price.In addition to the new menu item, Popeyes is offering six pieces of its Signature Bone-In Chicken for $10 for a limited time, the latest of its value-driven offerings.CLICK HERE FOR MORE LIFESTYLE NEWSEarlier this year, Popeyes made its $3.99 chicken wraps a permanent menu item, with Classic, Spicy and Blackened Ranch options.CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTERCustomers had mixed reactions to those, Fox News Digital previously reported, with some welcoming the offering and others criticizing the wraps’ size, while McDonald’s snack wraps were noted as an even cheaper alternative at $2.99.Popeyes was previously named by chefs as the top fast-food chain for fried chicken and biscuits, with chefs praising the chicken’s crisp coating and bold seasoning and the biscuits’ buttery flavor, Fox News Digital reported.Bojangles and KFC received honorable mentions, while some social media commenters said Popeyes biscuits can be dry when cold.

New York City marathon runner Rachel Apa died on Sunday after collapsing at mile 24.Apa, 24, set out to run the world-famous race on Nov. 1 for the first time, along with more than 60,000 other runners.The former Bucknell University Division I field hockey player had reportedly trained for the marathon for months. The New York Times reported details from the runner’s parents, Michelle and Steve Apa, on Monday.HEALTHY ATHLETE HAD NO SYMPTOMS BEFORE MANDATORY HEART SCREENING REVEALED HIDDEN DEFECTMichelle Apa said she watched her daughter run by at mile 14 in Long Island City, Queens. She took a video of Apa looking strong, smiling and giving out high-fives before taking off again.The runner’s mother then headed toward the finish line, planning to wait for her daughter at mile 25 in Central Park.Steve Apa was back home in Lewisberry, Pennsylvania, sending his daughter supportive texts at every mile as he tracked her in the New York Road Runners app.Rachel Apa reportedly texted her father back at mile 18, saying, “Ow.” And once again at mile 19, “Ow ow.”MYSTERIOUS DISEASE SENDING YOUNG, HEALTHY TEXAS WORKERS INTO KIDNEY FAILUREAt mile 23, Steve Apa texted, “Final stretch.” Rachel Apa never responded again, according to The New York Times.Spectator Michaela Nicholas reportedly witnessed Apa pass by in her matching green shorts and tank top near mile 24 in Central Park. She cheered Apa on with only two miles to go. Seconds later, at around 1:30 p.m., Apa collapsed.Nicholas, who is a hospital social worker, ran over to help and declared that Apa did not have a pulse. After Nicholas’ fiancée called for a doctor, two people who claimed to be physicians hopped in, taking turns administering CPR. Nicholas said she held Apa’s hand the whole time.The New York Road Runners, the marathon organizers, told the Times that marathon medical staff arrived soon after and used a defibrillator to try to revive Apa. Paramedics then arrived with an ambulance.CLICK HERE TO SIGN UP FOR OUR HEALTH NEWSLETTERAfter realizing Apa was not moving in the tracking app, Michelle Apa reportedly headed to her daughter’s location. When she arrived, the ambulance transporting her daughter was pulling away.Michelle Apa was taken to Mount Sinai Medical Center, where doctors worked to save Rachel Apa’s life for more than six hours. She was declared dead at around 9:40 p.m., according to the report.Steve Apa told The New York Times that his daughter’s cause of death was rhabdomyolysis, a rare muscle condition that occurs after injury, severe dehydration and overheating, or, most typically, excessive, high-intensity exercise without rest.”It’s unfathomable,” he said. “Perfect health, perfect shape, 24 years old.”The condition, also known as rhabdo, causes the muscles to break down when over-exerted, which leads to muscle death, according to Cleveland Clinic.When this disintegration occurs, toxic components of the muscle fibers can enter the circulatory system and kidneys, which can cause kidney damage, essentially acting as poison to the body.CLICK HERE FOR MORE HEALTH STORIESCommon signs of rhabdo include weak muscles, muscle stiffness and swelling, muscle pain and a change in urine shade, closer to a brown, red or tea color. It can also lead to nausea, dehydration and loss of consciousness.Symptoms can range from mild to severe, typically developing one to three days after the muscle injury.The condition is life-threatening, as physicians encourage listening to your body and seeking medical attention immediately.”If you feel especially sore or tired during a workout, stop and rest,” Cleveland Clinic recommends. “Don’t push yourself beyond safe limits.””[Stay] hydrated and avoid getting overheated. Take breaks in the shade if you’re doing physical activity in the heat.”The New York Road Runners told the Times that the last marathon death occurred during a medical incident in 2024.In a statement responding to Apa’s death, the organization said, “We are deeply saddened by the death of one of our runners following yesterday’s race. Our thoughts and sincere sympathies are with the runner’s family, friends and the entire running community.”Fox News Digital reached out to the New York Road Runners for comment.Rachel Apa was working as a product manager for an electrical component company while working on receiving her MBA at Charleston Southern University, according to the report.She was running to raise money to fight Parkinson’s disease, in honor of her late grandfather.On the Parkinson’s Champions fundraising website, Apa wrote what her grandfather meant to her.”My grandfather was my role model growing up,” she said. “He taught me to stay active, push my limits and embrace challenges, shaping my love for sports and movement.””Later in life, he was diagnosed with Parkinson’s disease, and I watched as the disease slowly took away the freedom to move that he once loved so much. He passed away in 2022, but the lessons he taught me continue to drive me forward.”TEST YOURSELF WITH OUR LATEST LIFESTYLE QUIZShe added, “I’m proud to run with Parkinson’s Foundation Champions to raise funds and awareness for research, better care and a cure.”Rachel Apa has raised more than $13,000 and counting for the cause.

Jim Hoft makes his midterm predictions on The War Room with Steve Bannon. – screengrab
On Wednesday night, The Gateway Pundit’s Jim Hoft and Patty McMurray joined Steve Bannon on his popular pre-election War Room episode.
During the discussion, Steve asked TGP Editor Jim Hoft what his predictions were for the 2026 midterms.
Here is a transcript from Monday night’s conversation:
Steve Bannon: Hoft is going to lead us off here. Jim, your assessment sitting at the Gateway Pundit—you’re putting up stories all day about the polling, about maybe some of the polling misses, about these different campaigns. What’s your assessment on the eve of game day, sir?
Jim Hoft: Thanks, Steve. Good to be with you. Yeah, I saw Claire McCaskill from Missouri. Of course, I have a home in Missouri, and since she’s been in office Missouri has gone deep red. She wasn’t able to convince anybody here of anything, and she—I think she said something that was honest. She’s worried, and she should be, and I feel the same way I felt in 2020, 2024, 2016. You know, everything was against Trump. Everything. And Democrats wanted to make this election against Trump, and Trump called them out. He called them to the floor, and he’s been going around to all these states, and I just can’t admire that man any more than I already do. I think it’s going to be a big night for Republicans tomorrow. That’s my call, Steve, and we’ll see.
Bannon: What is—what evidence or what are you feeling? You’ve got a pretty good feel for this. What are you sensing when you say it’s a pretty big night for Republicans? You mean we hold the House and we hold the Senate, like at 218 and at 51 or 52? Is that what—that would be to me a monumental night. That would be a monumental night. Why is Jim Hoft calling this?
Hoft: You know, I think the Senate looks very good for Republicans right now. I like that candidate in Iowa. She’s running hard up there. I think Abdul in Michigan is going down. The guy is just radical. I don’t think Michigan voters are going to go for it. You know, our friend Patty McMurray who writes for the Gateway Pundit, she put up a story. She wrote—drove down the street in one of the neighborhoods around where she lives, a Jewish area, and they’re all Democrat for Mike Rogers. All the signs on their yards. We’re seeing a lot of that in Michigan. I think Wisconsin is a complete mess. I would love to see Michelle La Tafoya in Minnesota. She should win, of course. But, you know, what I’ve also seen at the same time, Steve, is that the Democrats rely, I believe, on the fake ballots. All of these different people coming out, you know, James O’Keefe and others in Minnesota wearing burqas going in. They get to sign up another eight voters with them. And then we saw in Arizona, the Muckraker guys had talked to people. Everybody they talked to were cheating, you know? And I think we see this all over the place. I’m so glad that President Trump—there have been some arrests, of course, not enough, but I think that will make some people think twice when they try to steal this election. But I think Republicans—there’s more of us, Steve, and I love your segments with TPUSA. It’s been fantastic to see what’s going on in Arizona, and you know, those guys are heroes.
Bannon: Gateway Pundit—please put it back up at the top. This thing’s important, and Michigan is like Texas. It’s everything. Hoft, where do people go to Gateway Pundit, sir?
Hoft: Absolutely. It’s thegatewaypundit.com, Steve. We appreciate all your support and we appreciate all of our—
Bannon: No, no, no. You got—you guys are the—you guys are the—the people in Georgia, the people in Maricopa County. You guys are heroes. It’s been so easy just to collapse on the thing you did, and Patty McMurray was right from the very first instant in November of 2020. Just remember that. They tried to put this guy in bankruptcy, tried to put him in prison. Patty McMurray, you’re a patriot and hero. Hoft, you are a patriot and hero also. Thanks, guys. We’ll check in tonight and see how it goes tomorrow.

The post Gateway Pundit’s Jim Hoft on The War Room Predicts Republican Hold on US Senate – And a Bitter Loss for Abdul El-Sayed (Video) appeared first on The Gateway Pundit.

U.S. President Donald Trump said Tuesday that the United States will cut off $4 billion in aid to Israel at the end of the year.

Zach Bryan is making waves online with a powerful cover of a fellow singer’s country song.Bryan is one of the most famous entertainers in America, and without question an elite country music talent.He recently released his new EP — “Young Manhood & Other Donatable Organs” — and it took no time at all to start dominating the charts.ZACH BRYAN DOMINATES TOP ALBUMS AND TOP COUNTRY ALBUMS CHARTS WITH ‘YOUNG MANHOOD’ EP RELEASENow, he’s firing YouTube into a frenzy.Bryan released a chilling cover of Ian Noe’s song “Kentucky Hurricane” on Sunday, and it represents everything fans have come to love from the singer.The “Something in the Orange” singer also didn’t perform alone. He linked up with a choir for the outstanding performance.Give it a watch below, and let me know your thoughts at David.Hookstead@outkick.com.Noe was the top comment on YouTube, and offered a very simple and straightforward reaction to Bryan’s cover.”What an honor. Thank you Zach,” the original singer of Kentucky Hurricane wrote.SIGN UP FOR THE DAILY OUTKICK NEWSLETTERThere were also plenty of other reactions to the viral performance. One fan wrote, “Awesome cover. Thanks for pointing people to Ian Noe. He should be one of the biggest stars in the world already. One of the greatest songwriters who ever lived.”Another added, “Zach has been nonstop quality this year.”A third commented, “Zach please put this on Spotify. Now.”Country music is certainly having a great run at the moment, and Zach Bryan is a huge part of the reason it’s happening. Let me know your thoughts at David.Hookstead@outkick.com.

An internal strategy memo released by the campaign committee for Rep. Alexandria Ocasio-Cortez (D-N. Y.) and distributed to key allies makes the case that the lawmaker has evolved from a progressive firebrand into a formidable national political force.The five-page document makes no mention of a potential 2028 presidential or Senate run. Instead, it urges stakeholders to view her record as that of one of the Democratic Party’s most effective messengers for working-class voters.Following President Donald Trump’s 2024 election victory, the memo states, Ocasio-Cortez launched an aggressive nationwide push to rebuild the party around economic populism and establish a broad movement for working families.CARVILLE TORCHES DEMOCRATIC SOCIALISTS AS ‘PACK OF FOOLS,’ PRAISES AOC’S POLITICAL EVOLUTION”Over the past two years, Rep. Ocasio-Cortez has built a record of success that extends beyond her own electoral victories,” the memo reads. “The Congresswoman has emerged as one of the most powerful endorsements in the United States and New York State specifically. Candidates from rural districts and battleground seats see her as an asset for their general election campaigns.”The document highlights her fundraising reach, citing more than 2 million contributions totaling $38 million, an average donation of $17. 56, and over $3 million funneled to other Democratic candidates and state parties.’SQUAD’ RAKES IN RECORD $2.35M WHILE SLAMMING THE DOOR ON COP DONATIONSHer small fundraising operation is unmatched in the House and rivals that of Sen. Bernie Sanders, I-Vt., the memo claims.According to the document, Ocasio-Cortez’s strategy was shaped by post-2024 conversations with “Trump-AOC” split-ticket voters in her New York district, who expressed deep, cross-partisan frustration with a political establishment perceived as favoring corporate billionaires over ordinary workers.BERNIE SANDERS ADMITS DEMOCRATS FAILED WORKING-CLASS VOTERS ON ECONOMICS, DRIVING THEM TO DONALD TRUMP”As Democrats tried to understand why Trump had won again, Rep. Ocasio-Cortez argued that the path for the party to win back working class voters should be centered on economic populism, confronting concentrated wealth and power, and revitalizing American democracy,” the memo states.The memo points to race-altering endorsements in key primary and general election races across California, Michigan, Pennsylvania, and Montana. It highlights Abdul El-Sayed’s Senate campaign in Michigan and Sam Forstag’s Congressional primary victory in Montana as central case studies of her influence in rural and conservative-leaning areas.AOC SIDES WITH BERNIE-BACKED PROGRESSIVE IN SENATE PRIMARY CLASH WITH SCHUMER ESTABLISHMENTForstag trailed significantly in the polls before joining Ocasio-Cortez and Sanders on stage at their “Fighting Oligarchy” rally in Missoula, Montana. Following her endorsement and appearance, he was able to erase the deficit and win the Democratic primary.The document outlines a turning point following her unsuccessful bid for ranking member of the House Oversight Committee, alongside a March 2025 budget standoff in which Senate Democratic leadership accepted concessions during federal shutdown negotiations.In response, Ocasio-Cortez shifted focus to taking her message directly to voters.BERNIE SANDERS DISMISSES HALEY STEVENS, SAYS MICHIGAN RACE IS AGAINST THE ‘BILLIONAIRE CLASS’Speaking at a rally in Idaho, Ocasio-Cortez laid out the central thesis of her national tour:”I want us all to understand that this constant pressure we feel in our lives—of the water rising up to our throats, the impossibility to afford anything easily, the fear of speaking up or being who we are in public, the bitter divisions driven more by online algorithms than the truth, the crumbling of our rights and protections— understand that this, right now, is what it feels like to be governed by billionaires,” she said.In the two years since, the memo states, Ocasio-Cortez has held large-scale rallies in purple, red, and blue places alike.”She made race-changing endorsements in swing districts and deep-blue party primaries, as well as in her home base of New York City,” the memo added.