Yahoo News

Cryptocurrencies plunged Tuesday as investors digested an emergency deal struck for an undisclosed sum between major crypto exchanges Binance and FTX. Bitcoin (BTC-USD) tumbled 13% over the last 24 hours from $19,800 to a period low of $17,603, the largest one-day drop since June. It has since recovered above $18,600 per coin. The second largest cryptocurrency, ether (ETH-USD) sold off by 15% on the day from $1,468 to $1,318. FTX’s exchange token FTT, fell by as much as 84% on the day from… Source link

Disney (DIS) reported fiscal fourth-quarter earnings on Tuesday after the bell, missing on both the top and bottom lines. Macroeconomic challenges, including the global advertising slowdown, weighed on earnings as the company also battled higher-than-expected streaming losses. Disney stock moved lower on the heels of the report, with losses accelerating as investors digested the results — down as much as 10% in after-hours trading. Here are Disney’s fourth-quarter results compared to Wall… Source link

Stocks rallied Tuesday as investors awaited the outcome of the midterm elections in the U.S. The S&P 500 (^GSPC) inched higher by 0.6%, while the Dow Jones Industrial Average (^DJI) ticked higher by 335 points, or roughly 1%. The technology-heavy Nasdaq Composite (^IXIC) edged higher by 0.5% after wavering during afternoon trading. It was the third-straight day of gains for the major indexes ahead of another week of potential market-moving events: corporate earnings, midterm elections, and… Source link

What more can you say about Justin Fields‘ performance in Week 9? To think, most, if not all, fantasy football managers were just about ready to call Fields a bust after the early weeks of the season. And not just a bust in fantasy, but one in reality too. It’s hard not to see why though — Fields and the entire Bears’ offense were a brutal watch. Those invested in the likes of Darnell Mooney and Cole Kmet — after so much offseason hype — were just about set to swallow their losses and… Source link

SiliconRepublic.com headed down to Yahoo’s Dublin office to meet some of its senior leaders about the talent they’re looking for. Last month, we took a look at some top companies that were hiring for cybersecurity roles in Ireland. One of these was media and tech company Yahoo. To find out more about the talent it’s looking for, SiliconRepublic.com headed down to its Dublin office to speak to some of its senior leaders. Sean Zadig is Yahoo’s chief… Source link

The NBA is taking Tuesday off to encourage voting (which is a good idea if you have not done so already, for the record), but the NHL is a different story. There are 11 hockey games on the slate. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Carter Hart, PHI vs. STL ($36): Hart has been the hero for the Flyers thus far. He’s posted an 1.97 GAA and .946 save percentage through eight starts. The Blues aren’t just on the road for the second leg of a back-to-back,… Source link

Before the Super Bowl last season, Sean McVay made a telling comment about his future. NFL coaches, and everyone involved with the game really, often hold back their true feelings. McVay’s honest answer about his coaching future, and perhaps stepping away long before anyone expected, opened up a new storyline about his possible retirement before he even reached 40 years old. “I know I love football and I’m so invested in this thing and I’m in the moment right now,” McVay said. “But at some… Source link

Alvin Kamara and the Saints will try to upset the Ravens on Monday Night Football. (Chuck Cook-USA TODAY Sports) NFL Week 9 closes with a good matchup on Monday Night Football between Lamar Jackson and the division-leading Baltimore Ravens on the road against the New Orleans Saints, who are trying to climb back into their own division race. Follow all the action right here with Yahoo Sports. Source link

Subway is sticking with its story: The tuna it uses in its sandwiches is real. “Our tuna is nothing but 100% fantastic tuna,” Subway North America President Trevor Haynes said on Yahoo Finance Live (video above). “It’s delicious. You want to learn more about it, [go to] subwaytunafacts.com and you will find plenty of info. But tuna is there, and it’s alive and kicking.” Haynes’s defense comes amid continued scrutiny of Subway’s tuna. A January 2021 lawsuit filed by Oakland-area resident Nilima… Source link

With mortgage rates hovering around 7%, some would-be buyers may wonder if they should put a down payment on a property before rates skyrocket higher — or wait for the housing market to cool further. In continuation of our series “What to do in a bear market,” Yahoo Finance asked several housing experts if buyers should purchase now or hold off. Should buyers wait to buy a property if the Fed keeps rising interest rates and mortgages go higher? “If you are still able to afford what you’re… Source link