This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: On Monday morning, former President Donald Trump said in an interview, “I consider Facebook to be an enemy of the people.” On Monday, Meta Platforms (META) stock fell 4%. Meta’s decline outpaced the 0.4% drop seen in the tech-heavy Nasdaq to start the week and served as perhaps the first reminder to investors riding the “Magnificent Seven” trade that election risk matters to… Source link
Read More »Monthly Archives: March 2024
Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows
(Bloomberg) — Bitcoin is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth. Most Read from Bloomberg The original cryptocurrency reached an all-time peak of almost $72,881 on Monday and was trading at $72,220 as of 7:15 a.m. in London on Tuesday. A record $2.7 billion flowed into crypto assets last week, according to a report from CoinShares international Ltd.,… Source link
Read More »Stock market today: S&P 500, Nasdaq dip ahead of key inflation print – Yahoo Finance
[unable to retrieve full-text content]Stock market today: S&P 500, Nasdaq dip ahead of key inflation print Yahoo Finance Source link
Read More »Why did the Eagles buck their financial history to sign Saquon Barkley? Ask the 49ers
Once upon a time, in October 2022, the San Francisco 49ers traded draft picks in the second, third, fourth and fifth rounds to acquire a player whom they’d still need to pay big money. This sixth-year pro wasn’t a quarterback. He wasn’t a pass rusher. He wasn’t even, by title or league tracking data, a receiver. No, the 49ers decided to pony up all that draft capital and money to acquire running back Christian McCaffrey. In this economy. McCaffrey arrived with an injury history,… Source link
Read More »FAA audit finds dozens of issues in Boeing 737 MAX production, NYT reports
(Reuters) -The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on an Alaska Airlines jet in January failed 33 of 89 tests, the New York Times reported on Monday. In the wide-ranging investigation, Boeing failed a check which dealt with the component that blew off the jet, known as a door plug, the report said, citing an FAA presentation viewed by NYT. Supplier Spirit AeroSystems, which makes the fuselage for the MAX, passed six of 13… Source link
Read More »Kirk Cousins’ Falcons deal will ripple across NFL, from Justin Fields to Jared Goff and the draft
Once again, Kirk Cousins won the checkbook Super Bowl. And once again, the victory will ripple across the NFL and into a multitude of different franchises, impacting the landscape of contract extensions, trades and the forthcoming draft. The subtext of Cousins’ four-year, $180 million pact with the Atlanta Falcons, includes $100 million in hard guarantees that will boost his earnings to at least $321 million over the course of his career. It’s another win in a long line of victories for… Source link
Read More »NFL Free Agency frenzy: grading the biggest moves | Zero Blitz
Subscribe to Zero Blitz Free agency is upon us, and Jason Fitz and Frank Schwab are joining forces to react to and give letter grades for all the biggest moves from day one of the NFL’s legal tampering window. The duo start off with the QB news, as Kirk Cousins is headed to the Atlanta Falcons (what does he still have left in the tank?), and the Minnesota Vikings have no long-term plan at quarterback. Russell Wilson signs with the Pittsburgh Steelers and Baker Mayfield remains in Tampa Bay…. Source link
Read More »Game time, TV announced for Georgia’s G-Day spring scrimmage
We officially have game time and TV information for Georgia’s annual G-Day spring scrimmage on Saturday, April 13. The game will begin at 1 p.m. ET and air on SEC Network+, the school announced on Monday. The Bulldogs are set to begin spring practice on Tuesday, the first of five weeks of practices on a Tuesday-Thursday-Saturday schedule. Fans will have their first chance to see the new breed of Bulldogs in Sanford Stadium on April 13. Spring practice is is often underestimated when it comes… Source link
Read More »GenZ Dumping Google For TikTok, Instagram As Social Search Wins
least for Gen Z NurPhoto via Getty Images Gen X and millennials might have made “google” a verb, but Instagram and TikTok are now the preferred search engines for Gen Z when seeking local results. According to a new study of 1,002 U.S. consumers, Google is now in third place for 18 to 24-year-0lds. “Google is in for an intense fight to retain its relevance in search with younger users,” says Damian Rollison, director of market insights at SOCI, a marketing technology vendor that… Source link
Read More »Since SVB’s collapse, how has the VC ecosystem changed?
Since the collapse of Silicon Valley Bank (SVB), worries persist about where the value will land to service startups financially. SingleStore CEO Raj Verma joins Yahoo Finance to discuss the collapse of SVB and its impact on the present state of venture capital. Verma explains that the emphasis on “growth at any cost” has subsided: “I think investors are looking for a leveraged growth model and I think the companies are resulting to working on profitable growth, et cetera. So that’s a big… Source link
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