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OFF TO THE RACES: Six takeaways from last night

Alex Seitz-Wald offers six takeaways from the night.

Couldn’t tune into Day Three of the DNC? Catch up on anything you might have missed here.

NBC’s Alex Jaffe wraps Obama’s speech embracing Clinton as his successor.

And here’s Kailani Koenig on Tim Kaine’s first big moment in the primetime spotlight.

Joe Biden lambasted Trump’s “unbounded cynicism.”

The New York Times on Obama’s speech: "President Obama delivered a stirring valedictory address at the Democratic convention Wednesday night, hailing Hillary Clinton as his rightful political heir and the party’s best hope to protect democracy from “homegrown demagogues” like the Republican Donald J. Trump.”

From the Washington Post: "In an election season in which restive voters of all stripes are frustrated with the status quo, it fell to President Obama on Wednesday to argue for staying the course by giving Democrats a third term in the White House — and that Hillary Clinton is the right person to keep moving the nation forward. Having spent the first two nights of the Democratic National Convention trying to unify the party behind Clinton, a procession of leading party figures made a sharp pivot to GOP nominee Donald Trump. Over the course of the evening, they questioned his character, his judgment, his business acumen — even his sanity.”

POLITICO gives a favorable review to Tim Kaine’s speech.

Wikileaks posted hacked voicemails from the DNC, which offer little new information but give a sense of the depth of the hack.

Wealthy Democratic donors who had previously held off are now starting to open their wallets for Clinton.

From Dan Balz: "The big story at the Democratic convention for most of Wednesday was not the Democrats — not Hillary Clinton, Tim Kaine or even President Obama, the evening’s star speaker. It was Donald Trump, whose loose and provocative talk about the Russians and Clinton’s emails seemed exponentially beyond even his standards for creating turmoil and controversy.”

The Washington Post writes about the conventions’ potential for would-be future party stars.

Meanwhile, a WaPo reporter was barred and patted down at a Pence rally.

POLITICO does a deep dive into the dysfunction and conflict behind he Debbie Wasserman Schultz ouster.

ICYMI: NBC News on Trump’s suggestion to Russia on the Clinton emails.