Yahoo News

Joining the “ETF Report” with hosts Alexis Christoforous and Kristin Myerson, ETF Trends CEO Tom Lydon spoke to what investors should be expecting in the coming months. As Lydon explains, some major shifts are occurring. In the last year, areas like value stocks have started performing quite well. There are some big ETFs to consider, such as the iShares US Small Cap Value Factor ETF (SVAL), which is up 30% year-to-date and showing just how real this trend is. Considering the fundamentals… Source link

Uber (UBER) reported its Q1 2021 earnings after the closing bell on Wednesday, beating analysts’ expectations on the strength of its delivery business. Here are the most important numbers Wall Street is looking for from the report versus how the ride-hailing company performed in the same quarter last year. Gross bookings: $19.54 billion versus $18.07 billion expected Ride gross bookings: $6.8 billion versus $6.6 billion expected Delivery gross bookings: $12.5 billion versus $10.7 billion… Source link

As investor interest in cryptocurrency spikes, bitcoin could rise to $1 million over the next five years, one expert told Yahoo Finance Live. “Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is uncontested.” The timing of bitcoin crossing $1 million is the big question. Leech says the next bitcoin halving — a… Source link

Quail Hollow Club returns this week to host another Wells Fargo Championship. The course is one of the longest on TOUR. It’s loaded up to 7,521 yards as a par-71 layout. Distance is a clear advantage when you get a course that long. There are two stats I will focus on this week and both of them bake in power as part of the equation. I want to find golfers that can stripe it off the tee and also attack from long range on approach (200+ yards). Let’s jump into the numbers to see if any value… Source link

Earlier this week, Verizon announced it is selling AOL and Yahoo to private equity group Apollo for a hefty $5 billion, backing off its foray into media and advertising technology (adtech) and retrenching to its core competence as a mobile telco. This news should come as no surprise.  When Verizon acquired AOL in 2015 and then Yahoo in 2017 for approximately $9 billion combined, the industry reaction was mixed (and rightly so):  Pro: Verizon getting into the media business was a sign… Source link

It appears that Shark Tank investor Kevin O’Leary no longer thinks bitcoin (BTC-USD) is “garbage.” The chairman of O’Shares ETF told Yahoo Finance Live that he’s allocated 3% of his portfolio to the world’s largest cryptocurrency after his native Canada, and a handful of other countries, eased restrictions on institutional buying of the asset. O’Leary said he now views bitcoin as digital gold and a hedge against inflation that will appreciate over time, but he warns “there’s… Source link

Axios Biden considering LA Mayor Eric Garcetti for ambassador to India President Biden is considering naming Los Angeles Mayor Eric Garcetti to a high-profile ambassadorship, possibly India, people familiar with the matter tell Axios. Why it matters: The potential exit of the Democratic executive for the nation’s second-largest city would come as L.A. faces record homelessness and a court order to find shelter for a massive Skid Row population by the end of September. It could further… Source link

(Bloomberg) — Tesla Inc. is about to lose one source of the regulatory-credit revenue that’s been crucial to its almost two-year run of consecutive quarterly profits. Stellantis NV, the automaker formed through the merger of PSA Group and Fiat Chrysler, announced Wednesday it is exiting a European emissions-credit agreement with Tesla. Complying with standards on its own will save the company about 300 million euros ($360 million), roughly two-thirds of which would have gone to Tesla, Chief… Source link

Looking for a way to learn PGA DFS without jumping in with both feet? We have a perfect solution for you. This year, Yahoo and Yahoo Fantasy are offering a $10,000 freeroll called the “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. That winner will receive $1,000. Ultimately, winning the Yahoo Cup comes down to picking the right golfers. Today I will provide my top three value plays based on Yahoo… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, May 5, 2021 Any business proposition is worthwhile for the right price  In one of the more light-hearted moments of Berkshire Hathaway’s annual shareholders meeting on Saturday, Ajit Jain, vice chairman of Insurance Operations, was asked if he’d be willing to underwrite the insurance to cover Elon Musk’s SpaceX mission to Mars, assuming Musk asked. “This is an easy one,” Jain said…. Source link