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Identifying and targeting sleepers can have a tremendous impact on your fantasy squad, and the later rounds of your draft are typically when you want to start taking some chances. Some of these players may be undervalued due to injury concerns or simply because they had a tough 2021-22 season, while others may be overlooked by fantasy managers who don’t adequately take improved team situations into account. The prime takeaway here is that all these players could return major value relative… Source link

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

LOS ANGELES — To say Los Angeles Lakers star Anthony Davis is eager to embark upon the 2022-23 season would be an understatement. “I’m so excited that I’ve got goosebumps just thinking about this year,” Davis told Yahoo Sports this week. “I’m looking forward to a healthy year and doing what I know we can do.” Having played in only 40 games due to injuries last season, and with the Lakers missing the playoffs altogether, the 29-year-old power forward said he’s on a mission to… Source link

As the worst of the COVID-19 pandemic subsides, CEOs would be wise to reflect on how they reacted to that crisis and how they could do better. But Erika James, the dean of the Wharton School, the business school at the University of Pennsylvania, recently told Yahoo Finance that leaders often fail to learn from setbacks like the pandemic. “We talk about this cycle called panic and neglect,” James told Yahoo Finance’s editor-in-chief during a recent episode of “Influencers with Andy… Source link

Chinese President Xi Jinping.Kevin Frayer/Getty Images Reuters reported that China told state-owned banks to get ready to sell dollars and buy yuan in an effort to prop up the local currency. The move could stem the yuan’s fall, as it remains on track for its largest annual loss against the dollar since 1994. A hawkish Fed has pushed the dollar to 20-year highs this year, pressuring currencies around the world. The People’s Bank of China has told major state-run banks to prepare to shed dollar… Source link

‘Probably the last rally’: Jim Rogers just warned about getting too excited over the market’s recent bump — here are the shockproof assets he likes best right now The stock market has been pummeled, and many investors are wondering when things will turn green again. According to legendary investor Jim Rogers, there is hope on the horizon — but perhaps not for long. “We had huge pessimism because of inflation and other things,” he tells ET NOW. “Now it looks like inflation and… Source link

Battered investors hoping for a reprieve from the teeth of the bear market may have to wait until early 2023. That’s the blunt assessment from Pimco portfolio manager Erin Browne. “I think it [the bear market] will continue into the first quarter of next year because the Fed is going to keep hiking [rates],” Browne warned on Yahoo Finance Live (video above). “And so it’s hard to have with any certainty right now what next year will bring.” That’s hardly welcome analysis in what has been a… 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 Thursday, September 29, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The Dow Jones Industrial Average (^DJI) rallied Wednesday — putting in its best showing in two months — on the back of a massive, risk-on reversal in global bond and currency markets. The U.S…. Source link

Starbucks (SBUX): The coffee giant increased its quarterly dividend to 53 cents per share from 49 cents, effective November 25, 2022 to shareholders on record November 11, 2022. Starbucks initiated its dividend in 2010 and has increased it every year since. Vail Resorts (MTN): The company’s loss narrowed in its fiscal fourth quarter and sales topped Wall Street’s expectations, sending shares higher in extended trading. Revenue for the quarter totaled $267.1 million, up 31% from a year… Source link

Apple (AAPL) is pulling away from iPhone 14 production, retreating from plans to increase manufacturing by 6 million units, according to a report by Bloomberg. Apple hasn’t confirmed the report, but if true, this would put Apple’s iPhone production in line with last year, at about 90 million units. Still, a potential pullback is major news. The iPhone is Apple’s hero product, and its sales accounted for 52% of Apple’s 2021 revenue, so the stakes are high. However, the pullback likely… Source link