Yahoo News

Zion or Ja? The NBA question nobody saw coming

We are two years removed from Zion Williamson entering the NBA draft as the surest bet for superstardom since LeBron James, and yet the performance of the No. 2 pick leaves open a debate over who was the real prize in 2019. I am not ready to declare second-year Memphis Grizzlies point guard Ja Morant better than Williamson, largely because the 20-year-old New Orleans Pelicans forward still carries so much untapped potential, but the fact that Morant has even made that a real conversation is a… Source link

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What the GameStop Congressional hearing will reveal to retail investors

One month after GameStop (GME) shares surged to record levels due to Reddit-fueled trading, Wall Street, online brokerage Robinhood and Reddit are facing probes by the Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC) and both chambers of Congress. During GameStop’s two-week meteoric rise, the S&P 500 dropped a whopping 5% from peak to trough. Wall Street felt the full brunt of the chaos. Hedge funds endured a gut-wrenching de-risking event comparable to the global… Source link

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DeVonta Smith tumbles; who replaces Drew Brees?

After a dominant season that included a Heisman Trophy and a national title, Alabama wide receiver DeVonta Smith has been discussed as a potential top-five pick who could be the first receiver selected in the 2021 NFL draft. But that’s not how things play out in the latest 2021 NFL mock draft from NFL Network’s Daniel Jeremiah, who has Smith falling out of the top 10. Jeremiah doesn’t explain his reasoning for Smith’s tumble, only correctly pointing out that his arrival in Minnesota at… Source link

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Julie Bowen admits she thought no one would see Adam Sandler favorite

Julie Bowen didn’t have the highest of expectations when she joined the cast of Happy Gilmore, the follow-up to Adam Sandler’s 1995 breakout Billy Madison that was released 25 years ago today. “At the time I just thought, ‘Oh, no one will ever see this,’” Bowen admits to Yahoo Entertainment during a recent interview (watch above). “And I couldn’t have been more wrong.” Thirteen years before her career-defining debut as Claire Dunphy on ABC’s long-running hit Modern Family,… Source link

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Stocks rise, S&P 500, Dow and Nasdaq reach record levels

Stocks rose Tuesday, extending last week’s gains as traders returned from a long holiday weekend in the U.S. The Dow, S&P 500 and Nasdaq came off session highs after reaching record levels shortly after market open. U.S. stocks tracked gains in European equities, after UK Prime Minister Boris Johnson said he was “hopeful” the country’s stringent lockdown restrictions could be eased in the coming weeks as the vaccine rollout continues and new daily infections fall further. Other risk assets… Source link

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Draymond Green rips NBA for double standard

Draymond Green didn’t want to focus on the Golden State Warriors‘ 30-point demolishing of the Cleveland Cavaliers on Monday night. He instead spent almost all of his postgame news conference sounding off on how the NBA treats its players and the double standard. Green’s comments were unprompted by any questions, but were instead lit by the Cavaliers opting to sit center Andre Drummond while they attempt to trade him. The Cavs reportedly have no plans to play him while they search for a trade… Source link

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Bitcoin breaks $50,000 for the first time

TipRanks Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech… Source link

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You don’t have to trade GameStop, SPACs, or Bitcoin for big returns: Morning Brief

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

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Yellen Shift on Vast Treasury Cash Pile Poses Problem for Powell

(Bloomberg) — Treasury Secretary Janet Yellen is giving Federal Reserve Chairman Jerome Powell a bit of a headache when it comes to managing the money markets. Already low short-term interest rates are set to sink further, potentially below zero, after the Treasury announced plans earlier this month to reduce the stockpile of cash it amassed at the Fed over the last year to fight the pandemic and the deep recession it caused. The move, which aims to return its cash position at the central… Source link

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Yahoo DFS Basketball: Tuesday Picks

After a positive test for COVID-19 on the Spurs postponed their matchup with the Pistons on Tuesday, we have six games left on the schedule. As you work your way through the remaining options, here are some players to consider for your DFS entries, as well as a few to possibly avoid. GUARDS Damian Lillard, POR at OKC ($47): This will be a matchup between two teams that have been hammered by injuries. Luckily for the Blazers, they still have Lillard. Across 12 games since CJ McCollum (foot)… Source link

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