Yahoo News

Israel Adesanya loses middleweight title to Alex Pereira in stunning TKO upset

Israel Adesanya loses middleweight title to Alex Pereira in stunning TKO upset

NEW YORK — Israel Adesanya was knocked out in his second kickboxing fight by Alex Pereira despite controlling most of the bout until the finish. On Saturday in the main event of UFC 281 at Madison Square Garden, history repeated itself. Adesanya was controlling the fight, hurt Pereira twice and was seemingly on the way to a decision victory. Then, out of nowhere, the hard-hitting Pereira cracked Adesanya with a combo and the course of UFC history was changed. The first right hand hurt… Source link

Read More »

Yahoo DFS Hockey: Sunday Picks

Yahoo DFS Hockey: Sunday Picks

Halfway through November, the NHL is up and running and firing on all cylinders. It’s been an interesting season thus far, and that will hopefully continue Sunday. There are five games starting at 6 p.m. EST or later. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Igor Shesterkin, NYR vs. ARI ($36): Both teams are on the second leg of a back-to-back, but Shesterkin and the Rangers are at home. The Coyotes come in last in shots on net allowed per game. Shesterkin is… Source link

Read More »

Fat Joe is feeling the sting of inflation at the supermarket

Fat Joe is feeling the sting of inflation at the supermarket

Even hip-hop icon Fat Joe is feeling the sting of inflation. “My wife is upset with the economy because everybody’s doing terrible out here — and we have more friends that are middle class to poor than we have rich friends,” the millionaire “Lean Back” singer said in a new edition of Yahoo Finance Presents. “You know, my wife came home from the supermarket. She had one bag. She was like: ‘It was $350… one bag.’ It’s crazy.” While the stock market embraced the latest Consumer Price Index… Source link

Read More »

Funds vanish at bankrupt crypto exchange FTX; probe underway

Funds vanish at bankrupt crypto exchange FTX; probe underway

NEW YORK (AP) — Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday. The embattled company’s new CEO John Ray III said Saturday that FTX is switching off the ability to trade or withdraw funds and taking steps to secure customers’ assets, according to a tweet by FTX’s general counsel Ryne Miller. FTX is also coordinating with law enforcement and regulators,… Source link

Read More »

Disney+ establishes ‘cost structure taskforce,’ enacts targeted hiring freeze: memo

Disney+ establishes ‘cost structure taskforce,’ enacts targeted hiring freeze: memo

Disney (DIS) is reining in its spending after the company reported weak fourth quarter earnings, which sent the stock plummeting to a new 52-week low as investors zeroed in on the media giant’s widening streaming losses. In an internal memo obtained by Yahoo Finance, Disney CEO Bob Chapek told division leaders on Friday that the company has established “a cost structure taskforce” to help Disney+ reach its profitability targets. “As we begin fiscal 2023, I want to communicate with you directly… Source link

Read More »

Yahoo Plays and Strategy for Saturday, Nov. 12

Yahoo Plays and Strategy for Saturday, Nov. 12

This article is part of our Yahoo DFS Hockey series. It’s a beautifully busy night of NHL hockey Saturday. There are 11 games on the slate, which I always love to see. Saturdays are for hockey. Here are some players to target, and to avoid, for your DFS lineups. Let’s do this thing! GOALIE Logan Thompson, VGK vs. STL ($41): How good has Thompson been this year? He just allowed four goals to the high-flying Sabres and still has a 2.32 GAA and .925 save percentage. This matchup should be… Source link

Read More »

IMAX CEO on skipping theatrical releases: ‘The debate is over’

IMAX CEO on skipping theatrical releases: ‘The debate is over’

IMAX (IMAX) CEO is bullish on the theatrical window. “The debate is over,” IMAX CEO Richard Gelfond told Yahoo Finance Live in a new interview (video above). “The argument that you can skip a theatrical window and make up for it on streaming just isn’t true. The theatrical window is more essential than ever to get the streaming revenue.” Gelfond referenced deep direct-to-consumer losses from streaming-facing media companies like Disney (DIS), which reported disappointing earnings this week… Source link

Read More »

Yahoo Plays and Strategy for Saturday, Nov. 12

Yahoo Plays and Strategy for Saturday, Nov. 12

It’s a beautifully busy night of NHL hockey Saturday. There are 11 games on the slate, which I always love to see. Saturdays are for hockey. Here are some players to target, and to avoid, for your DFS lineups. Let’s do this thing! GOALIE Logan Thompson, VGK vs. STL ($41): How good has Thompson been this year? He just allowed four goals to the high-flying Sabres and still has a 2.32 GAA and .925 save percentage. This matchup should be easier. The Blues are currently last in goals per… Source link

Read More »

Stock rally takes breather after biggest one-day surge since 2020

Stock rally takes breather after biggest one-day surge since 2020

U.S. stocks extended a dramatic ascent on Friday after deceleration in CPI inflation data ignited the most intense rally on Wall Street since early 2020. The S&P 500 (^GSPC) rose 1%, while the technology-heavy Nasdaq Composite (^IXIC) gained 2%. The Dow Jones Industrial Average (^DJI) turned positive heading into the close after lagging behind the other indexes for much of the session. Treasury yields held steady following their steepest one-day decline Thursday in more than a decade. A Source link

Read More »

FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

The crypto market is experiencing a stunning downfall following the collapse of the exchange FTX (FTT-USD). FTX filed for Chapter 11 bankruptcy protection followed a failed takeover by rival Binance (BNB-USD) earlier in the week, with Sam Bankman-Fried resigning as CEO after engineering a liquidity hole of billions. “It’s a black swan event,” Wedbush tech analyst Dan Ives said on Yahoo Finance Live (video above). “It’s a cautionary tale for what you see in sectors and unfortunately, many will… Source link

Read More »