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(Bloomberg) — Tencent Holdings Ltd. slumped after a world-beating surge in the stock pushed its market value to the cusp of $1 trillion for the first time. The Chinese Internet behemoth lost 6.3% in Hong Kong on Tuesday, putting its market capitalization below $890 billion. Traders took profit after Monday’s 11% rally, which was Tencent’s biggest in almost a decade. Adding to the caution were comments by an adviser to China’s central bank at a conference, reported by local media,… Source link

WATERLOO, ON and BEIJING, Jan. 25, 2021 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced an expansion of its strategic partnership with Baidu, whose high-definition maps will run on the QNX® Neutrino® Real-time Operating System (RTOS) and will be mass-produced in the forthcoming GAC New Energy Aion models from the EV arm of GAC Group (Guangzhou Automobile Group Co., Ltd.). BlackBerry Logo Black (PRNewsfoto/Blackberry Limited) The milestones build on the company’s January… Source link

Sabrina Ionescu pledged to live out Kobe Bryant’s legacy and found inspiration in the lives of his daughter, Gianna, and her teammates, Alyssa Altobelli and Payton Chester. One year after their deaths, she reflected on the loss and how she honors their legacies. Ionescu honors legacies of Kobe, Gigi Ionescu, 23, counted Bryant as a mentor and close friend. While working out with Bryant in Los Angeles ahead of her senior season at Oregon she twice helped coach the Mamba Ballers, the team… Source link

Senior NFL Writers Terez Paylor and Charles Robinson discuss what’s next for Green Bay and Aaron Rodgers. Could the Packers have another ugly divorce with a Hall of Fame quarterback? It sounds like Brett Favre is telling Rodgers to watch his back. Hear the full conversation on the Yahoo Sports NFL Podcast. Subscribe on Apple Podcasts, Spotify, Stitcher or wherever you listen. Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

Stock futures opened lower late Monday after a mixed day on Wall Street. Both the S&P 500 and Nasdaq reached record closing highs by the end of the regular session, led by a rally in tech stocks. The Dow ended slightly lower as financials, energy and industrial stocks came under pressure. “Today has been really been a continuation of what we saw last week, where the cyclical rotation that had really gone vertical since the Pfizer vaccine was first announced in November kind of took a pause,… Source link

Subscribe to The Yahoo Sports NFL Podcast Super Bowl LV is set as the Tom Brady and the Tampa Bay Buccaneers become the first ever team to play the big game in their home stadium, while the Kansas City Chiefs come to town looking to become repeat champs for the first time since…Tom Brady and the New England Patriots. Terez Paylor & Charles Robinson kick off two weeks of discussion surrounding this legacy-defining Super Bowl, but first they must address the legacy of Aaron Rodgers. After… Source link

Moderna CEO Stephane Bancel on Monday trumpeted new data showing his company’s vaccine remains effective in battling new coronavirus variants, even as he painted a long road ahead in the war against the pandemic. The biotech firm’s study showed what it called “protective” immune responses to both the variant first documented in the U.K. (B.1.1.7) and the variant seen in South Africa (B.1.351). Yet Bancel gave a stark assessment of the pandemic, saying there is good reason to expect a… Source link

The NCAA experienced a $600 million drop in revenue for the 2020 fiscal year, new documents acquired by USA Today Sports show. It’s due largely in part to the cancelation of the 2020 Division I men’s basketball tournament and shows why the NCAA is pushing forward with the tournament this year. It’s a drop of more than 50 percent in revenue compared to the 2019 numbers. Why did NCAA lose $600 million? Though it had $270 million from event cancelation insurance and spent about $473 million… Source link

News of Moderna’s vaccine’s weakened response to the South African strain (B.1.351) of the coronavirus is raising more alarm bells amid the ongoing pandemic. Experts have been watching the strain closely as it may be resilient to the vaccine. Though it has not yet been detected in the U.S., the country should prepare for its potential spread, experts warn. Dr. Anthony Fauci said as much on CBS Sunday, and Moderna (MRNA) CEO Stéphane Bancel told Yahoo Finance Monday that Fauci agreed with… Source link