Monthly Archives: January 2022

Goldman Sachs destroys one of the most persistent myths about investing in stocks

A version of this post was originally published on TKer.co. Let’s talk about the CAPE ratio. It’s one of the most widely-followed stock market valuation and investing metrics. It’s being talked about more as investors wonder whether stocks are poised to lose ground in 2022. Unfortunately, the signal of doom it supposedly sends is a myth. CAPE, or cyclically adjusted price-earnings, was popularized by Nobel prize-winning economist Robert Shiller. It’s calculated by taking the price of… Source link

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Fox News host Dan Bongino suspended on YouTube over COVID-19 misinformation – Yahoo Tech

Fox News host and right-wing commentator Dan Bongino won’t be able to upload anything to his YouTube channel for a week, according to Forbes and The Hill. The website has temporarily suspended his account over COVID-19 misinformation, specifically for saying masks are useless in preventing the coronavirus’ spread. YouTube updated its rules in 2020 to prohibit “content about COVID-19 that poses a serious risk of egregious harm.” It doesn’t permit videos with medical misinformation that… Source link

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ex-government regulator turned crypto adviser

Bitcoin (BTC-USD), the premiere digital currency first introduced in 2009, raised eyebrows this week when it dropped below $40,000 for the first time in three months, stoking fears of uncontrolled volatility. But by Wednesday, the coin’s price had risen back to $43,000 and many financial leaders are predicting Bitcoin to surpass $75,000 before the year ends. The quick recovery proved to many crypto enthusiasts that Bitcoin is here to stay. Now, some investors are highlighting Bitcoin for… Source link

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Who still thinks members of Congress should be able to trade stocks

I was in Washington D.C. this past week and you could almost feel the strife in the brisk January air, with the endless squabbling over President Biden’s stalled Build Back Better plan being Exhibit A. And yet I did find instances of bipartisanship, featuring some strange bedfellows the likes of which I hadn’t seen since Representative Alexandria Ocasio-Cortez and Senator Ted Cruz briefly aligned on Twitter last year during the meme stock brouhaha — before AOC kicked Ted to the curb, 67… Source link

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Here’s How Warren Buffett Convinced Google’s Reluctant Founders to Go Public

Imagine a world in which  Google is a smaller private company, not the global behemoth Alphabet is today. Surprisingly, it almost happened. Google co-founders Sergey Brin and Larry Page were hesitant to go public because they feared that sharing control of the company with shareholders would force them to do things they didn’t want to do. A chance meeting with Warren Buffett changed their minds. Buffett explained the two-tier stock structure that he used to retain control over Berkshire… Source link

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Yahoo DFS Hockey: Saturday Picks

Eight evening games are included in the main contests at Yahoo on Saturday. Colorado, Tampa Bay and Detroit are the largest favorites with the Penguins, Maple Leafs and Rangers all receiving notable road chalk. Here’s a look at a number of recommendations and fades for each position. All statistics from Natural Stat Trick and Hockey Reference. GOALIE Alex Nedeljkovic, DET vs. BUF ($28): The Sabres rank third last in expected goals per 60 minutes at five-on-five in the league, and Nedeljkovic… Source link

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Google, Amazon, Meta and Microsoft Weave a Fiber-Optic Web of Power

To say that Big Tech controls the internet might seem like an exaggeration. Increasingly, in at least one sense, it’s literally true. The internet can seem intangible, a post-physical environment where things like viral posts, virtual goods and metaverse concerts just sort of happen. But creating that illusion requires a truly gargantuan—and quickly-growing—web of physical connections. Fiber-optic cable, which carries 95% of the world’s international internet traffic, links up pretty… Source link

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Yahoo Japan OKs workers to commute from anywhere, even by air

Yahoo Japan Corp. said it will allow its 8,000 workers to live and commute from anywhere in Japan, even by air, starting from April. The portal site operator will remove a requirement for coming to the office by 11 a.m. and an upper limit on one-way commuting costs of 6,500 yen ($57), the company said Wednesday. Still, its monthly commuting fee cap will remain at 150,000 yen. Photo taken in May 2021 shows a screen with an icon of Yahoo Japan Corp.’s app (top C)…. Source link

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Deshaun Watson settlement offer shows legal troubles continue

As the trade deadline approached for the NFL last November, details emerged from trade talks between the Miami Dolphins and Houston Texans that had a clear mandate: For any deal involving Deshaun Watson to advance, the Dolphins wanted the quarterback’s legal issues settled. First and foremost, the 22 civil suits that were pending against the Texans QB in the Harris County Court system. The leaking of an alleged settlement offer from Watson appears to indicate the quarterback was at least… Source link

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Google is now requiring office workers to get weekly molecular COVID-19 tests

Google will require anyone going to one of its US offices or facilities to have received a negative molecular test for COVID-19, the company informed employees Thursday in a memo obtained by CNBC. Workers going to the office regularly will have to get tested weekly, chief health officer Karen DeSalvo said in the memo, and employees have been asked to report their vaccination status and wear surgical-grade masks indoors. Google spokesperson Lora Lee Erickson confirmed to The Verge that a… Source link

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