Yahoo News

Airbnb, DoorDash Rallies Stoke Debate on Pricing IPOs

(Bloomberg) — First it was DoorDash Inc. And now it’s Airbnb Inc. In a 24-hour period, the two startups went public and their valuations skyrocketed, a sign that both companies could have raised a lot more money than they did. Airbnb opened 115% above its initial public offering price, the biggest debut rally on record for a large U.S. listing. Had the shares priced closer to where they started trading — at $146 instead of $68 apiece — Airbnb could have raised $4 billion more for the… Source link

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Nikola is the worst company of the year, according to Yahoo Finance’s audience

Yahoo Finance readers have chosen Nikola as the worst company of the year. (Nikola Motor) Nikola Motor Company (NKLA) is the worst company of the year, according to Yahoo Finance users, who chose the company in a poll. Nikola received almost five times more votes than the second-place company, with a plurality of 15% of the 1,582 responses. It’s been quite the year for the electric truck company, which took the other available half of electric innovator Nikola Tesla’s name. And not in a… Source link

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Browns look for respect vs. Ravens on Yahoo Sports app

The Cleveland Browns faced the Baltimore Ravens in the season opener. It looked like the same old Browns. It looked like the Ravens were picking up where they left off from 2019, too. The Ravens won 38-6. It was a horrendous debut for new Browns coach Kevin Stefanski. Given how bad Cleveland has been this century, it wasn’t too surprising of a result. If you watched that game, you’d have never predicted that going into the rematch it would be the Browns riding high and looking like a… Source link

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it’s time to have some good regulation on social media platforms

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link

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Antitrust lawsuit against UFC gets class action status

The UFC’s roughest fight might be in court over the next few years. A group of former UFC fighters suing the promotion scored a key legal victory on Thursday when federal judge Richard Boulware said he would grant their lawsuit class-action status, according Kevin Draper of The New York Times. The antitrust lawsuit dates all the way back to 2014, initially filed by Cung Le Jon Fitch and Nate Quarry against the UFC’s parent company. The lawsuit claims the UFC has abused its monopoly power… Source link

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Tommy ‘Tiny’ Lister of Deebo fame dead at 62

Tommy ‘Tiny’ Lister was an NCAA track and field champion before embarking on his wrestling and acting career. (Willy Sanjuan/Invision/AP) Tommy “Tiny” Lister, a former NCAA champion, actor and professional wrestler, died on Thursday at 62 years old. Best known for his role as Deebo in 1995 hit comedy “Friday,” Lister was also a champion shot put athlete for Cal State L.A. Lister also briefly wrestled under the moniker Zeus for the then-WWF in 1989 before starring as the character in… Source link

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Stock futures drift with stimulus progress still elusive

TipRanks 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio.The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

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FDA advisory committee recommends Pfizer/BioNTech vaccine authorization

Pfizer (PFE) and BioNTech’s (BNTX) vaccine is one step closer to being distributed to health workers and nursing home residents, with the U.S. Food and Drug Administration’s (FDA) vaccine advisory committee recommending its emergency use authorization (EUA) on Thursday. The 17-4 vote, with one abstention, could result in the FDA authorizing the vaccine as early as Friday, which would then trigger the distribution of the vaccine throughout the 64 jurisdictions in the U.S., including 50… Source link

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Larry Fitzgerald lost 9 pounds during COVID-19 bout

Larry Fitzgerald is back at Arizona Cardinals practice after a bout with COVID-19. The 37-year-old wide receiver opened up on Thursday about a difficult couple of weeks that included weight loss and dark thoughts. Fitzgerald tested positive on Thanksgiving and started feeling symptoms two days later. He quarantined for 13 days, and it took a physical and mental toll. “I got my estate planning all done up again, I revised my will,” Fitzgerald said, per azcardinals.com. “I did a lot of… Source link

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Get sleeper, lineup tips with Yahoo on Sunday

The fantasy playoffs are finally here and there’s no better way to start your championship run than with Yahoo’s “Fantasy Football Live.” We’ll tackle the tough sit-start questions and look at some last-minute sleepers to help fantasy managers in win-or-go-home matchups. Could Jalen Hurts deliver in his first start for Philadelphia? What are this weekend’s best bets as the Browns host the Ravens? [Week 14 Fantasy Rankings: QBs | RBs | WRs | TEs | FLEX | DST | Kickers] Andy Behrens, Liz… Source link

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