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Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link

Thursday marks the last day of games before the All-Star break. It will be a busy one with nine games on the schedule. As you try to narrow down the options, here are some players to consider, as well as a few to potentially avoid. GUARDS Paul George, LAC at WAS ($35): Injuries could be a problem for the Clippers in this game with Marcus Morris (concussion) listed as doubtful and Kawhi Leonard (back) listed as questionable. Leonard was a late scratch in their last game Tuesday, and with the… Source link

Thursday just seems like a pretty normal day of NHL hockey, which feels nice this season. As of this writing, no games are being postponed. We’re deep enough into the season that we know a bit about these teams. I looked at the 10 games on the slate for Thursday and it just felt like hockey, which was weirdly nice. What would also be nice is if these recommendations help you in your quest for DFS glory. Let’s get to it! GOALIE James Reimer, CAR vs. DET ($28): Petr Mrazek doesn’t seem ready to… Source link

Bloomberg Melvin Capital Dusts Off From GameStop Fiasco With 22% Gain (Bloomberg) — Gabe Plotkin spent the first half of January defending his hedge fund’s portfolio from a Reddit mob, the second half trying to convince investors he can survive a 53% loss, and early February explaining to Congress what happened.Now with the public spectacle subsiding, the most concrete sign is emerging yet that his Melvin Capital Management might actually manage to thrive anew. After adjusting strategy,… Source link

Ex-Sixers fan fave T.J. McConnell sets insane NBA record originally appeared on NBC Sports Philadelphia Former Sixers cult hero and current Indiana Pacers guard T.J. McConnell is known for his pesky style of play and his penchant for forcing turnovers in the backcourt. He’s the guy you love to have on your team and hate to play against. And now he owns a truly wild NBA record. McConnell racked up nine – NINE – steals in the first half of Wednesday night’s game against the Cavaliers, setting a… Source link

There was plenty to take away from the Tampa Bay Buccaneers‘ Super Bowl championship last month, but by far the loudest story to emerge from Tampa was the further solidification of Tom Brady‘s legacy. By winning a title under a coach not named Bill Belichick, Brady removed what would have been one of the biggest counterarguments against his status as the NFL’s consensus greatest of all time had he retired with the New England Patriots. Brady now has seven rings with two different teams, five… Source link

Patrick Harker, president of the Federal Reserve Bank of Philadelphia, spoke with Yahoo Finance to discuss challenges to the labor market and where Fed policy is headed next. Below is a transcript of his appearance on March 3, 2021. – BRIAN CHEUNG: Well thank you so much for joining us this afternoon, President Harker. I just want to start off the conversation with broadly speaking, how is the vaccine rollout going in your district? And what do you have as an updated economic outlook as we… Source link

Your next stimulus check may be in jeopardy now Congress is moving toward another big vote on the third round of stimulus checks, for up to $1,400. But a new compromise could keep you from getting a payment this time. President Joe Biden has reportedly OK’d a plan from Senate Democrats to change the eligibility rules, to “target” the stimulus checks away from Americans with higher incomes. That means millions of previous recipients wouldn’t get cash in the new go-round. Senate Majority Leader… Source link

Three catchers unlikely for Sox, highlighting backup battle originally appeared on NBC Sports Chicago As Tony La Russa and White Sox pitchers keep raving about the job every catcher in camp is doing, the idea of carrying three backstops isn’t a crazy one. But it doesn’t sound like that will be happening. “There is a lot of catching talent in this camp,” La Russa said before Wednesday’s spring game, a 6-5 loss to the Kansas City Royals. “Because of the quality of that talent, we thought about… Source link

Bloomberg Sands to Sell Vegas Hotels to Apollo, Vici for $6.25 Billion (Bloomberg) — Las Vegas Sands Corp., the world’s largest casino operator by market value, agreed to sell its properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, refocusing the company on its successful Asian resorts and other potential opportunities in the U.S.Apollo will run the properties, which will be owned by Vici, a real estate investment trust, the companies said in… Source link