Tesla’s (TSLA) shares closed higher on Friday after an unusually volatile week in which the electric vehicle company posted fourth quarter earnings that, while better than estimates, gave at least a few Wall Street analysts grounds for skepticism over its ambitious 2022 goals. The automaker beat expectations during the final stretch of 2021, with double digit revenue and gross margin growth. Tesla sales will comfortably grow above 50% in 2022 compared with last year despite supply chain… Source link

The Super Bowl is just over two weeks away, and that means you might be in the market for a new big screen TV. But before you pull out your credit card, you should know about your next TV. You know, beyond that you should get a 65-inch OLED and have it shipped to my address. Namely how to disable some of the tracking features built into your new set. That’s right, like everything else with an internet connection, your television tracks what you watch, for how long, when you watch it, what… Source link

Teams around the NBA would consider asking the league to investigate a James Harden to 76ers deal, should the Brooklyn Nets superstar land in Philadelphia, league sources told Yahoo Sports. Harden has been linked to the 76ers because of his relationship with president of basketball operations Daryl Morey from their time with the Houston Rockets. Harden is also friends with 76ers co-owner Michael Rubin. Some front-office executives believe talks are going on now between Harden and the 76ers on… Source link

Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, said Friday that if Russia decides to attack Ukraine, “it would be horrific,” and that such a move would result in “a significant amount of casualties,” particularly in Ukraine’s dense, urban areas. Milley offered this grim assessment during a Friday press conference at the Pentagon, where he addressed the latest developments in the mounting crisis alongside Defense Secretary Lloyd Austin. While both men insisted that… Source link

President Biden has a brief window of time to boast about the economy. He should make the most of it before the story turns against him. Real GDP growth in 2021 rang in at 5.7%, the most since 1984. That’s adjusted for inflation, so it’s as good as it sounds. GDP shrank by 3.4% in 2020, President Trump’s last year in office, so the economy has gifted Biden an enviable talking point. He can say without exaggeration that the economy rebounded sharply once he took office. The economy would… Source link

Federal Reserve watchers are quickly ramping up and revising forecasts on how many interest rate hikes they anticipate this year after the central bank doubled down on plans to tighten policy and rein in inflation. Economists at Bank of America and JPMorgan increased their forecasts Friday, two days after the Fed’s policy-setting meeting. BofA released one of the more aggressive predictions on the Street. It now expects seven hikes this year — that number was first uttered by JPMorgan CEO… Source link

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, joined Yahoo Finance to discuss the central bank’s efforts to pull its pandemic-era stimulus. Below is a transcript of his appearance, aired live on Jan. 28. – BRIAN CHEUNG: Thanks so much, Brian, obviously a lot of the heightened attention to that economic data because of what the Federal Reserve’s policy response is going to be. And luckily, we have one of those policymakers here joining us live on Yahoo Finance right now…. Source link

Former NBA star J.R. Smith, who is now a freshman golfer at North Carolina A&T, is entering the NIL game.  Smith signed a deal with Excel Sports for NIL representation, his agent Lance Young told ESPN’s Adrian Wojnarowski. It’s a first for a high-profile former professional athlete and he’s gained “significant NIL interest among golfing equipment and clothing manufacturers and video game companies,” his agent said.  Smith, 36, played in the NBA for 16 years and retired after the Los Angeles… Source link

Text size Alphabet shares have dropped nearly 11% amid a broader slide for technology stock so far in 2022. Sean Gallup/Getty Images … Source link

And just like that, struggling Kohl’s is one of the hottest commodities on Wall Street.  Guggenheim retail analyst Robert Drbul said in a new research note on Friday Amazon could express interest in buying Kohl’s. “Among the opportunities would be 1) customers, 2) categories, and 3) locations,” Drbul said. “For customers, according to Numerator, ~62% of Kohl’s shoppers are Prime members today, so there may be an incremental Prime opportunity for Amazon. Numerator data also shows that Kohl’s… Source link