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Stock futures opened little changed Thursday evening after a surge during the regular trading day, which saw the major U.S. equity indexes recover some losses after three straight days of declines.  Contracts on the Dow edged higher after the index posted its best single-session gain since March. Contracts on the S&P 500 and Nasdaq were little changed after advancing strongly earlier.  Shares of Disney (DIS) slid after the company posted quarterly revenue that missed estimates, with… Source link

DoorDash (DASH) posted a first-quarter earnings report on Thursday that largely surpassed Wall Street’s expectations, with the company demonstrating that the boost it got from COVID-19 demand has staying power beyond the pandemic. The company reported revenue that skyrocketed 198 percent compared to a year-ago, to $1.08 billion, and total orders soaring 219 percent year-over-year, to $329 million. The results sent its stock on a tear after hours, which was up over 10%. Here’s what the San… Source link

Bloomberg Over 700 Barges Stuck in Mississippi River From Bridge Crack (Bloomberg) — A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.The route is shut near Memphis while the Tennessee Department of Transportation inspects a large crack in a highway bridge spanning the river, according to the U.S. Coast Guard. A queue has expanded to 47 vessels and 771… Source link

Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link

WASHINGTON — Amid an ongoing disruption to the delivery of fuel to the East Coast due to a cyberattack on a major U.S. pipeline, a top cybersecurity official said Thursday the U.S. government is looking at how to prevent companies and individuals from paying the hackers. “The U.S. government is looking at what can be done. … There are active discussions in the federal government about what more we can do to disrupt that business model,” said Brandon Wales, the acting director of the… Source link

Stop letting random musings on bitcoin from Tesla CEO Elon Musk influence your decisions on how to trade the cryptocurrency and remain focused on the fundamentals, said one crypto expert When Yahoo Finance Live asked Grayscale CEO Michael Sonnenshein if traders should ignore Musk’s comments on bitcoin, Sonnenshein said, “yes.” Grayscale bills itself as the world’s largest digital currency asset manager, managing various crypto ETFs. As usual, traders in bitcoin (BTC-USD) were far from ignoring… Source link

Long-time minimum wage fan McDonald’s is hiking hourly wages and it may not be such bad news for investors, even though their initial reactions suggest otherwise.  The land of 550-calorie Big Macs said Thursday it will raise hourly wages “by an average of 10%” for more than 36,500 employees at more than 660 company-operated U.S. restaurants. That will take the entry-level range for crew to at least $11 – $17 an hour. Starting wages for shift managers will go to at least $15 to $20 an… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

Benzinga The Pandemic Changed Our Money Habits — Here’s Exactly How By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. For others, spending changes were less about job loss and more about restrictions around what they could spend their money on. A recent Personal Capital survey examined spending during the pandemic. It looked closely at how people’s… Source link

I try to stay open-minded as a fantasy player and a fantasy analyst. And I’ll openly admit, I love unicorns. Lamar Jackson’s MVP season was a blast. Ichiro Suzuki, sui generis. When Tim Anderson won a batting title despite 15 piddly walks, I thought it was awesome. You do you, Timmy. But it’s easy to remember the outlier approaches that succeed. Sometimes outlier approaches fail miserably, or at least tax and torment us. Transition to today’s problem: what the heck do we do with Dallas… Source link