Yahoo News

(Bloomberg) — European stocks were little changed on Monday as gains in automakers offset declines in energy shares, while Asian equities were mixed amid a spike in Covid-19 cases. The Stoxx Europe 600 Index traded modestly lower, with Ryanair Holdings Plc among the gainers after the airline pointed to a strong recovery in the second half. Stocks in Asia were mixed, as shares in Taiwan fell as the country raced to contain its worst outbreak of the coronavirus. U.S. equity futures slipped… Source link

Axios AT&T spins off WarnerMedia, forming new media behemoth with Discovery AT&T and Discovery have agreed to create a joint venture that would house WarnerMedia’s premium entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses, the companies announced Monday.Why it matters: It’s a major course correction by AT&T. The deal essentially confirms shareholder fears that the company’s $85 billion merger with Time Warner three years… Source link

Bitcoin Bitcoin, BTC to USD, slid by 20.06% in the week ending 16th May. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0. A mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse. Falling short of the first major resistance level at $60,831, Bitcoin slid to a Sunday intraweek low $44,021.0. The extended sell-off saw Bitcoin fall through the first major support level at $54,341 and the second major support level… Source link

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

(Bloomberg) — Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or split locations after reporting a record 206 new local cases Sunday. The benchmark gauge sank 8.4% last week on concern… Source link

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Sunday’s final standings Eastern Conference 1. Philadelphia 76ers (49-23) 2. Brooklyn Nets (48-24, 1 GB) 3. Milwaukee Bucks (46-26, 2 GB) 4. New York Knicks (40-31, 8 GB) 5. Atlanta Hawks (40-31, 8 GB) 6. Miami Heat (40-32, 9 GB) Play-in tournament 7. Boston… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy…. Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy…. Source link

(Bloomberg) — Elon Musk continued to whipsaw the price of Bitcoin, sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings. Bitcoin slid below $45,000 for the first time in almost three months after the billionaire owner of the electric-car maker seemed to agree with a Twitter post that said Tesla should divest what at one point was a $1.5 billion stake in the largest cryptocurrency. It traded at… Source link

(Bloomberg) — AT&T Inc. is in talks to combine its media business with Discovery Inc. in a deal that would create a new entertainment powerhouse, according to people with knowledge of the matter, a surprising move for a company that spent $85 billion to acquire the assets less than three years ago. A deal could be announced as soon as this week, said the people, who asked not to be identified because the information is private. The idea is to combine Discovery’s reality-TV empire with… Source link