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Oil Jumps After OPEC+ Surprises Market With Unchanged Output

The Conversation January warm spells, March freezes: How plants manage the shift from winter to spring A late snowfall could set back the growth of this budding lilac. oddharmonic/Flickr, CC BY-SAWeather patterns across the U.S. have felt like a roller coaster ride for the past several months. December and January were significantly warmer than average in many locations, followed by February’s intense cold wave and a dramatic warmup. If you’ve ever seen lilac bushes crushed by snowdrifts,… Source link

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Possible new NFL overtime rule?

The Gettysburg Address is 277 words, and finds elemental, eternal truths from the most complex of human endeavors. The NFL’s overtime rules run more than four times as long, 1120 words, and turn the simplest dang thing possible — how to figure out who wins a football game — into a bewildering array of directives and sub-articles so complicated that the IRS nods its approval. Put it this way: when you’ve got different sets of rules for regular season and playoffs — or when you have to… Source link

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GameStop frenzy is ‘a game,’ not investing

A second wave of the GameStop (GME) rally has struck the stock market in recent days, sending the price up 172% since late last month. While still well below its January high, GameStop stands more than 1,500% above where it did six months ago. Amid the rally, the stock’s traders and their online movement came under fire from personal finance guru Suze Orman in a new interview with Yahoo Finance. That interview came before shares of another heavily shorted stock, Tanger Factory Outlet Center ( Source link

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Tanger Factory Outlet shares jump, eyed by WallStreetBets

Tanger Factory Outlet Centers (SKT) is the #1 trending ticker on Yahoo Finance during the Thursday’s morning session. Shares of the retail real estate company were up 16% in early trading but paired back some of those gains by 11 a.m. Yesterday the stock closed 9% higher. These types of moves on heavily shorted names are normally indicative of a short squeeze. Retail investors on WallStreetBets have increased their mention of the stock recently. Shares are up more than 80% year-to-date, and… Source link

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Jason Peters gives his take on the Carson Wentz trade and more

Jason Peters gives his take on the Carson Wentz trade and more originally appeared on NBC Sports Philadelphia Until Jason Peters officially becomes a free agent on March 17, he’s still the Eagles’ longest-tenured player.  Peters, 39, arrived in Philadelphia back in 2009 and has played most of his Hall of Fame-worthy career with the Eagles.  On Thursday morning, Peters was on NFL Network’s Good Morning Football wearing an Eagles hoodie to talk about his pending free agency, the Carson… Source link

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Lakers C Montrezl Harrell gets tech for yelling ‘and-1’

It wasn’t a banner night for NBA officiating on Wednesday. While the Utah Jazz’s Donovan Mitchell and Rudy Gobert laid down petty, expletive-laden rants about how there’s a grand conspiracy to keep small market teams down because they’re not getting the calls they want, Montrezl Harrell and the Los Angeles Lakers had an actual, legitimate gripe with the refs in their 123-120 loss to the Sacramento Kings. Yelling ‘and-1’ is apparently a technical foul now Harrell was the victim of some soft… Source link

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Another 745,000 Americans filed new unemployment claims

Weekly unemployment claims ticked up last week but by a smaller than expected margin, picking up slightly after reaching the lowest level since November during the prior week. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics included in the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended February 27: 745,000 vs. 750,000 expected and a revised 736,000 during the prior… Source link

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Why Vroom stock is getting run over

TipRanks 2 ‘Strong Buy’ Stocks Insiders Are Snapping Up In a casino, if you play long enough, the House always wins; this is just a matter of probabilities and available resources. It’s different in the stock market, even though there is a tendency to refer to stock investing as a game. Smart investors don’t have to ‘beat the house’ to come out ahead; this is not a zero-sum game. Rather, it’s a game of strategy. Successful investors will look for some edge, an ‘in’ that will… Source link

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Tesla Is Bleeding Battery EV Market Share To Ford’s Mustang Mach-E: Morgan Stanley

Bloomberg OPEC+ Silence Leaves Oil Market Guessing Next Supply Move (Bloomberg) — OPEC and its allies kept oil-watchers guessing about their next move, after a day of preliminary talks offered few clues as to whether the market will get the April supply increase it’s been expecting.Saudi Arabia and Russia, leaders of group, held bilateral talks on Wednesday, seeking common ground as Riyadh urges caution and Moscow presses to raise output, a delegate said. While OPEC+ is still widely… Source link

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GM in talks to build second U.S. battery plant with LG Chem in Tennessee

By David Shepardson WASHINGTON (Reuters) – General Motors Co said on Thursday it is considering building a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd. The largest U.S. automaker confirmed it is “exploring the feasibility of constructing a second, state of the art battery cell manufacturing plant in the United States” with LG’s battery unit LG Energy Solution, via its Ultium Cells LLC joint venture. GM said it hopes to have a decision by June…. Source link

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