Yahoo News

‘Quadruple witching’ Friday to see $818 billion single stock options expiration

By Medha Singh and Saqib Iqbal Ahmed (Reuters) – A near-record dollar amount of single stock equity options -totaling $818 billion – is set to expire at the close of trading on Friday afternoon, potentially driving sharp moves in some stocks throughout the day, Goldman Sachs analysts wrote. A recent surge in interest in options trading, fueled in part by droves of retail traders looking to place wagers on the swings in so-called meme stocks such as GameStop Corp and AMC Entertainment Holdings,… Source link

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Yahoo Mobile prepares for shutdown

Yahoo Mobile, one of Verizon’s prepaid brands, is shutting down and giving customers an “amazing option” for cell phone service. That option happens to be Visible, another one of Verizon’s prepaid brands. Visible is the all-digital brand, targeting Millennials, and while it might sound a little peculiar to recommend a hip digital brand to old-time Yahoo diehards, their services aren’t that different when it comes down to it. Yahoo Mobile started sending email messages to customers… Source link

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Mexico to play World Cup qualifiers without fans due to homophobic chant

Mexico fans during a friendly against Honduras on June 12th in Atlanta. (Photo by Rich von Biberstein/Icon Sportswire via Getty Images) Mexico’s men’s national soccer team must play its first two home 2022 World Cup qualifiers in empty stadiums as punishment for some of its fans’ insistence on yelling a homophobic slur during matches. The “p***” chant has plagued Mexican soccer for years. Officials refused to reckon with it until recently. The Mexican soccer federation (FMF) promised to crack… Source link

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Explaining the art of spot streaming

A couple of years ago, I became a big believer in what I call “spot streaming.” In this article, I’ll explain the theory and practical components of this strategy. Roster spots have value. This means that a player who is using a spot on your roster (whether in the starting lineup or on your bench) has to have some immediate or long-term value to you. One of the biggest mistakes fantasy managers make is stubbornly holding onto players who aren’t helping their teams and have little… Source link

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Pharmaceutical CEO on Biden’s support for a COVID-19 vaccine waiver: ‘It just seems self-defeating’

In May, the Biden administration reversed course and decided to back the idea of waiving intellectual property protections for COVID-19 vaccines. The move was meant to ensure more of the world can become inoculated. “Extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures,” U.S. Trade Representative Katherine Tai said at the time. David Ricks, CEO of pharmaceutical giant Eli Lilly (LLY), told Yahoo Finance that “this is a counterproductive move.” “It just… Source link

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Nvidia CEO Talks about ARM Merger, $100M U.K. Supercomputer; Stock Rises 5%

Nvidia (NVDA) CEO Jensen Huang made a strong case for the ARM merger at the Six Five Summit and CogX conference. The executive also talked about U.K. opportunities and investments. Nvidia stock jumped 4.76% on Thursday to close at $746.29. Huang told the CogX conference that the merger would combine ARM’s CPU capabilities with Nvidia’s artificial intelligence capabilities to create new ideas. “The U.K. has every reason to be proud of Arm and its achievements and contributions to the… Source link

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Can Giannis, Bucks be trusted in Game 7 on road?

Disaster always feels like it’s around the corner from the Milwaukee Bucks, a team that loves dancing with the devil in the pale moonlight in elimination games. Peril one minute, prosperity the next. Seventh heaven, seventh hell. It feels surer than ever that given the evidence and health of the participants, the Bucks are the better and deeper team compared to the Brooklyn Nets. They’ll enter Saturday night’s Game 7 in Brooklyn far removed from the club that trailed by nearly 50 in Game… Source link

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Khris Middleton leads Bucks over Nets

Facing down the possibility of yet another ignominious Eastern Conference exit, the Milwaukee Bucks have forced a Game 7 against the NBA’s title favorites. Behind a playoff career-high 38 points from Khris Middleton, the Bucks defeated the Brooklyn Nets 104-89 on Thursday in Game 6 to even the series 3-3. The teams will play a Game 7 on Saturday at 8:30 p.m. ET in Brooklyn. The win is a welcome response for the Bucks, who fell behind 3-2 after blowing a 17-point second-half lead in Game 5… Source link

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3 ‘Strong Buy’ Stocks That Are Heavily Shorted

Shorting stocks can bring an investor serious profits – but there’s commensurate risk, as well. Basically, the short trader is betting that a stock will fall in price; it’s the opposite of most stock trading, in which the investor wants the shares to gain. Gaining, of course, is the risk in a short trade. There’s no ceiling on a stock’s potential gains, and in theory, a particular stock can see its price increase infinitely. But in a short sell, the trader has made the initial… Source link

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How AEW’s Nyla Rose raises transgender awareness

AEW wrestler Nyla Rose. (Photo Credit: AEW) As a public figure, Nyla Rose has learned how to drown out the noise on social media. Although the 38-year-old All Elite Wrestling star receives negative and hate-filled messages on the internet, those aren’t the ones that get to her. Instead, Rose focuses on the messages that let her know she’s doing her job — not just as a professional wrestler, but as a symbol for an entire community. “I love every bit of positive energy, but what means… Source link

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