Monthly Archives: May 2021

The Ichimoku Cloud says remain bullish on Tesla stock: analyst – Yahoo Finance

Tesla (TSLA) stock fell 12% this week — it’s the second worst weekly performance in a year. But it did manage to settle above a key price area watched by traders. Even if price breaks to the downside, a relatively obscure technical indicator suggests Tesla is maintaining its long-term bullish trend. “For Tesla, the trend is higher based on that cloud — or shaded area on the chart,” says Katie Stockton, founder and managing partner of Fairlead Strategies, during a Yahoo Finance Plus on… Source link

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Cultural differences ‘overrated’ as obstacle to US-China relations: Yum China CEO

Reports of anti-Asian incidents that happened in the U.S. over the past year nearly doubled in March alone, as ongoing bigotry and increased awareness brought a flood of testimony, according to data released by advocacy group Stop AAPI Hate this month.  The surge in anti-Asian harassment during the coronavirus pandemic has coincided with a massive shift in negative U.S. sentiment toward China. A Gallup poll conducted in February found that 45% of Americans consider China the nation’s… Source link

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Stimulus checks are opening the door to universal basic income

Billionaire bond investor Jeffrey Gundlach believes stimulus checks are distorting the labor market. The founder and CEO of $135 billion DoubleLine Capital added his thoughts to a vigorous debate over the brewing labor shortage that’s causing a mismatch between surging demand, and companies desperate to hire.  “We have this strange thing of 8 million job openings, and everywhere you go…people are saying, ‘I can’t fill them. No one will take them,'” Gundlach told Yahoo Finance in an… Source link

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Airbnb CEO identifies 5 trends that are unlikely to reverse

Prior to the pandemic, Airbnb’s core business was driven by vacationers going abroad for a weeklong vacation. Adventurers sought out locations in urban centers, accessible to a city’s top attractions. Today, the home rental platform is seeing the most growth in trips less than 50 miles away from home, with a quarter of all stays lasting 28 days or more.  The traveler, it turns out, is highly adaptable and Airbnb (ABNB), being a tech platform relying on four million hosts across 100,000… Source link

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We’re Suing Google. Here’s Why.

Google’s offices stand in downtown Manhattan on October 20, 2020, as the Justice Department and 11 states Tuesday filed an antitrust case against the company. (Spencer Platt / Getty Images) Subscribe to The Nation Subscribe now for as little as $2 a month! Thank you for signing up for The Nation’s weekly newsletter. Thank you for signing up. For more from The Nation, check out our latest… Source link

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A Hall of Fame class like no other

We will never see another Naismith Memorial Basketball Hall of Fame induction like the Class of 2020. Kobe Bryant, Tim Duncan and Kevin Garnett form the greatest class in the history of the NBA. No other comes close. They will be inducted at Mohegan Sun in Connecticut on Saturday, nine months after the pandemic delayed their enshrinement and an hour’s drive from Springfield’s newly renovated Hall of Fame. You would be hard-pressed to find a greater Hall of Fame class in any sport. The rare… Source link

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Clippers loss means no Lakers battle in first round

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Friday’s standings Eastern Conference 1. Philadelphia 76ers (48-23) 2. Brooklyn Nets (46-24, 1.5 GB) 3. Milwaukee Bucks (45-25, 2.5 GB) 4. Atlanta Hawks (40-31, 8 GB) 5. Miami Heat (39-31, 8.5 GB) 6. New York Knicks (39-31, 8.5 GB) Play-in tournament 7. Boston… Source link

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White Sox’ Michael Kopech continuing on road to starting rotation

Kopech stays on road to rotation with latest spot start originally appeared on NBC Sports Chicago Michael Kopech‘s journey to the starting rotation took another step forward Friday. We’ll see how many steps it will take him to finally get there. The White Sox slow-playing of Kopech makes all the sense in the world after the fireballer missed the last two seasons. His use this year as a multi-inning bullpen weapon/spot starter has been a revelation, and it’s hard to imagine things working out… Source link

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