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Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its relief efforts aimed at helping troubled businesses in the crypto industry. Binance’s efforts have been accelerated in the wake of FTX’s collapse earlier this month, which resulted in the company, once valued at $32 billion, filing for bankruptcy protection and leaving the crypto industry frozen in its wake. Earlier this month, Binance walked away from a purported deal to buy FTX. Binance’s… Source link

Amazon (AMZN) is betting big on the theatrical experience. The tech giant plans to invest $1 billion to produce 12 to 15 movies a year exclusively for theaters, according to a new report from Bloomberg. That spending would be roughly on par with major film studios like Paramount Pictures (PARA), Bloomberg noted. The report sent shares of theatrical giants like AMC (AMC) and Cinemark (CNK) higher on Wednesday, gaining 4.4% and 12.5%, respectively. Amazon did not immediately respond to Yahoo… Source link

Stocks opened mixed on a shortened day of trading on Black Friday. Near 9:35 a.m. ET, the S&P 500 was down less than 0.1%, the Dow was up 0.2%, and the Nasdaq was off by about 0.5%. The U.S. stock market will close at 1:00 p.m. ET on Friday; financial markets in the U.S. were closed on Thursday for Thanksgiving. Stocks finished with gains on Wednesday, the week’s final full trading session, after the minutes from the Fed’s latest meeting signaled a likely slowdown in the pace of rate hikes at… Source link

Hope you had an enjoyable Thanksgiving. The NHL was off, but it’s back in a big way Friday! However, a lot of the action is in the afternoon. Still, in the evening there are seven games taking place, so you have plenty of DFS options. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Ville Husso, DET vs. ARI ($36): The Wings took a shot on Alex Nedeljkovic last season and…it didn’t work out. They went back to the drawing board and swung for the fences on Husso and,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 25, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. Rise and shine deal-hunters! For those who slept off their tryptophan hangovers and are not running headlong into a phalanx of Black… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 25, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. Rise and shine deal-hunters! For those who slept off their tryptophan hangovers and are not running headlong into a phalanx of Black… Source link

The NBA returns Friday with a packed 14-game schedule. One of the more intriguing matchups will feature the Celtics hosting the surging Kings. A battle between two tough defensive teams will take place when the Cavs face off with the Bucks. The Bulls, who defeated the Celtics and Bucks in consecutive games, will continue their current road trip in OKC. The Warriors will also be in action at home against a Jazz team that is off to a surprisingly strong start. Let’s dig into all of the… Source link

The Dallas Cowboys and New York Giants both still have designs on winning the NFC East, but it’ll take a win for one or the other on Thanksgiving Day to do so. Will the Cowboys complete the season sweep of the Giants? Or will New York take another step in a promising season under first-year head coach Brian Daboll? Follow all the action right here with Yahoo Sports. Source link

The top matchup on Friday’s slate features the United States and England Maybe we can nickname it La Revoluciono? England are the heavy 62 percent favorites after handing out a 6-2 drubbing to Iran, while Team USA wound up with a one-all draw against a spirited Wales side. There’s few things groups of Americans like doing more than upsetting the British, and England have never beaten the United States in an official competition (0-1-2). CASH GAME STRATEGY It’s impossible to start off with… Source link

Week 12 Waiver-Wire Pickups: Available Sleepers in Most Yahoo Leagues 0 of 4 Mark Alberti/Icon Sportswire via Getty Images Week 12 got underway on Thursday with a trio of Thanksgiving games. Some fantasy managers were thankful for point-stuffed performances from players like Amon-Ra St. Brown and CeeDee Lamb, while others were left hungry for a big bounce-back on Sunday. And with several key injuries this week, some managers will be scrambling to make late additions to their lineups. There are… Source link