After last week’s volatile bout of stock trading, investors this week are set to focus on new labor market data, as well as a dwindling batch of quarterly earnings results. The U.S. Labor Department’s February jobs report set for release on Friday will be one of the main reports of the week, offering a fresh look at the state of the labor market recovery after back-to-back disappointments in each of the January and December reports. Consensus economists are expecting to see that non-farm… Source link
Read More »No such thing as ‘too much:’ Warren Buffett quotes Mae West in defense of stock buybacks
There are many critics of corporate stock buybacks, but Warren Buffett is certainly not one of them. In his latest annual letter to shareholders, the Oracle of Omaha revealed that his holding company, Berkshire Hathaway (BRK-A, BRK-B), had spent nearly $25 billion repurchasing class A shares. Buffett said the action “demonstrated our enthusiasm for Berkshire’s spread” of vast holdings, which include major companies like Apple (AAPL), Bank of America (BAC), Coca-Cola (KO) and Merck ( Source link
Read More »Local artist brings Black culture to Yahoo! logo
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Read More »US Stock Indexes Mixed as Investors Buy Growth, Sell Value Shares
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
Read More »Dana White skips post-fight presser as Ciryl Gane's hype train slows – Yahoo Sports
LAS VEGAS — Nothing that was being said about Ciryl Gane before he fought Jairzinho Rozenstruik on Saturday at Apex — he’s big, powerful, incredibly athletic and one of the potential stars in the heavyweight division — changed after they spent 25 minutes in the cage together. This, though, was one of those rare shutout victories in which he wasn’t particularly happy. Gane defeated the fourth-ranked Ronzenstruik by winning 50-45 on all three cards, but it was a desultory affair that… Source link
Read More »Yahoo DFS Basketball: Sunday Picks
Sunday slates tend to be lighter, but that’s not the case here. We have just one game during the day and then an eight-game nightcap. The good news is we don’t have a lot in terms of injuries or COVID news, which is a breath of fresh air with everything over the last few weeks. It’s also one of my final articles before the All-Star break, and we’re looking forward to finishing off the first half strong. Without further ado, let’s get into it! Guards Dennis Schroder, LAL vs. GSW… Source link
Read More »Yahoo DFS Hockey: Sunday Picks
The main contests at Yahoo consist of the five late games beginning at 3:00 p.m. EST. Philadelphia and Washington come in as road favorites, whereas Chicago, Nashville and New York are all receiving chalk at home. The highest over/under total is in the Capitals-Devils contest. Here are some leans and fades to consider when assembling your lineups. GOALIE Carter Hart, PHI at BUF ($24): It’s been a tough season for Hart, but his struggles are also built into his salary and this is primed as a… Source link
Read More »Grayscale’s Ethereum Trust Premium Follows Bitcoin Sibling Into Flipping Negative
Bloomberg Cathie Wood’s Power in Some Stocks Is Even Bigger Than It Seems (Bloomberg) — A rough week for Cathie Wood is reminding Wall Street that Ark Investment Management has a lot of cash in not that many companies. In fact, the firm’s dominance in some stocks may be even greater than it seems.Ark now owns more than 10% of at least 29 companies via its exchange-traded funds, up from 24 just two weeks ago, according to data compiled by Bloomberg.Less discussed are holdings of Nikko… Source link
Read More »Big Short’s Michael Burry Is Betting On These 11 Stocks
In this article, we examined Big Short’s Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Click to skip ahead and see Michael Burry’s Top 5 Stock Picks. Scion Asset Management chief Michael Burry, who is famous for his billion-dollar bet on the US housing crash in 2008, warned investors of the potential stock market crash ahead. The Big Short claims that the speculative market environment and trader’s strategy of using borrowed money for betting on stocks… Source link
Read More »Thefts of catalytic converters are way up — here’s how to protect yourself
Thefts of catalytic converters are way up — here’s how to protect yourself One business that’s been booming amid the pandemic is auto theft, which skyrocketed last year. And increasingly, thieves aren’t even targeting the whole car. Instead, they’re going after the valuable container of precious metals attached to every car’s undercarriage: the catalytic converter. All across America, local police departments are reporting surges in cases of stolen catalytic converters, and motorists… Source link
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