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Zoom founder Eric Yuan Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video-conferencing platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts to unspecified beneficiaries last week. Mr Yuan has seen his personal wealth rocket as Zoom became a household name during pandemic lockdowns. An increasing number of students and… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Isaiah Wilson wanted out of Tennessee and he got his wish. The Tennessee Titans reached a deal to send Wilson to the Miami Dolphins on Monday night, according to the NFL Network’s Ian Rapoport. The two teams swapped a pair of future draft picks in the deal, too. Sources: The #Dolphins traded for #Titans 1st round OT Isaiah Wilson, with a swap of picks completing the deal. A fresh start for Wilson. — Ian Rapoport (@RapSheet) March 9, 2021 Wilson tweeted he was ‘done’ with Titans Wilson’s… Source link

Yahoo Finance Video Market Recap: Monday, March 8 Stocks ended mixed on Monday and Treasury yields climbed further after Congress made headway toward passing another significant COVID-19 relief package. The Dow surged to reach a record intraday high before paring some gains to end about 300 points, or 1%, higher on the day. The Nasdaq declined by 2%, adding to recent losses after the index closed out its third straight weekly decline last week amid a drawdown in tech and growth stocks. The… Source link

The Canadian Press Bradley joins Brewers as Cain faces quadriceps issue The Milwaukee Brewers believe they have room for more than one Gold Glove centre fielder in their outfield. Milwaukee finalized the $24 million, two-year contract with Jackie Bradley Jr., whose deal allows him to opt out after this season to become a free agent again. Bradley, who turns 31 on April 19, joins an outfield that already includes 2019 Gold Glove centre fielder Lorenzo Cain, 2018 NL MVP Christian Yelich and… Source link

The Dallas Cowboys have reached a contract agreement with quarterback Dak Prescott, sources told Yahoo Sports’ Charles Robinson. #cowboys and Dak Prescott have agreed to extension terms. It’s done. — Charles Robinson (@CharlesRobinson) March 8, 2021 The Cowboys confirmed the deal Monday afternoon. Record money in first year ESPN’s Adam Schefter reports that the extension is for four years and $160 million with $126 million guaranteed and includes a no-trade clause. The contract includes a $66… Source link

MMA Weekly UFC 259 bonuses all go to preliminary fighters Though UFC 259 features three championship fights, none of the athletes in any of those title fights earned UFC 259 bonuses. All of the UFC 259 official performance bonuses went to preliminary card fighters. UFC 259 Fight of the Night: Kennedy Nzechukwu vs. Carlos Ulberg Kennedy Nzechukwu and Carlos Ulberg each earned an additional $50,000 for their efforts in the UFC 259 Fight of the Night. Ulberg started things off with a brutal head… Source link

Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link

Aljamain Sterling has no reason to hang his head. He has no reason to be embarrassed by the way he won the UFC bantamweight championship on Saturday at Apex. He has nothing to apologize for and he owes nobody, particularly not Petr Yan, a thing. Yan committed one of the most egregious fouls in UFC history on Saturday when he kneed Sterling in the head late in the fourth round of their title fight while Sterling’s knee was on the canvas. Under the Unified Rules of Mixed Martial Arts, which… Source link

SoftBank Group affiliate Z Holdings on Monday announced plans to invest ¥500bn ($4.7bn) and hire 5,000 AI engineers over five years after completing a merger with popular messaging app Line. By launching new services and creating synergies in businesses such as online advertising, the combined entity aims to generate ¥2tn in revenue and ¥225bn in operating profit by fiscal year 2023. The business plan is Z Holdings’ most detailed strategy yet in countering the growing… Source link