Lakers Sold for $10B, Olive Oil Crisis, South Florida Housing.

July 07, 2025

SE03:EP167

In today's episode, we cover the surf report for Encinitas and North County, highlighting the best times to catch waist-to-chest-high waves with ideal conditions in the mornings. We delve into the weather forecast, expecting mostly sunny skies and mild temperatures throughout the week. In major sports news, Guggenheim Partners CEO Mark Walter finalizes a $10 billion deal to purchase the Los Angeles Lakers, solidifying his influence in the sports industry. The olive oil crisis in Greece intensifies due to climate change, with escalating thefts and low harvests threatening the nation's economy. In business, South Florida emerges as the epicenter of housing weakness, with significant drops in home buying contracts in Miami, Fort Lauderdale, and West Palm Beach. Despite this, the national median home sale price sees a slight increase. In tech, we introduce Soham Parekh, a software engineer making waves for his relentless work ethic and recent role at AI startup Darwin. Lastly, in entertainment, "The Old Guard 2" releases on Netflix, attempting to capture the magic of its predecessor but falling short in character development and leaving viewers unsatisfied.

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