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Perhaps you didn’t notice, but the Rangers gave up on a former prospect in June. Willie Calhoun was designated for assignment last week and ultimately landed at Triple-A Round Rock when all of baseball passed on him. Calhoun isn’t a lost cause at age 27, but he’s a long shot at best given what’s transpired. The hot prospect is dead. Long live … the next hot prospect. Enter: Ezequiel Duran. Ezequiel Duran making his move in fantasy To be fair, calling Duran a hot prospect is overdoing… Source link

(Bloomberg) — Oracle Corp. reported results and gave a forecast suggesting the effort to move its customers to the cloud is gaining momentum, and the acquisition of health care records provider Cerner Corp. will help accelerate the growth of the business. Most Read from Bloomberg Investors reacted positively, sending shares up more than 13% in pre-market trading Tuesday after a day in which the overall market plunged and Oracle’s stock hit a 16-month low. “Couple a high growth rate in our… 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 Tuesday, June 14, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. Investors ready for a buying opportunity to emerge in these volatile markets may need to keep waiting. And waiting. “U.S. stocks have suffered their biggest year-to-date losses since at least the 1960s. That’s ignited calls to… Source link

On Monday’s Jimmy Kimmel Live!, Kevin Bacon was surprised to learn about a fast food chain in Argentina that is heavily inspired by him. “I want to ask you about something very strange,” Kimmel told Bacon while pulling up an image of the restaurant’s logo featuring the name “Kevin Bacon Fast Good” around an image of Bacon’s face. “This is a fast food restaurant in Argentina and it looks like there are locations around the world called Kevin Bacon Fast Good.” Being that the actor’s last name… Source link

Actress and co-founder of the Honest Company (a consumer wellness products firm) Jessica Alba, has become a Yahoo board member. Alba was chosen from a group of tech, media, finance, sports entertainment and private equity.  Yahoo selected a group of all-inclusive group of leaders to support its new era of growth and transformation. According to Reuters author Alba will be joined by Aryeh Bourkoff, the chief executive officer of LionTree, Fouad ElNaggar, the CEO of tech firms Array and… Source link

Charlotte Hornets forward Montrezl Harrell is facing a felony drug charge in Kentucky after police said they found three pounds of marijuana in his car during a traffic stop, . Harrell was pulled over by a Kentucky state trooper near Richmond around 10 a.m. on May 12 after he was allegedly following the car in front of him too closely, per the report. The officer said he “observed odor of marijuana” from the car, and Harrell then “admitted to being in possession of marijuana and… Source link

Warren Buffett broke up with most of his beloved banks — so why is he swooning over this one? The Oracle of Omaha has had a busy quarter. According to his latest 13F filing, Warren Buffett has deployed roughly one-third of his cash into new investments during the first three months of the year. As always, Buffett’s biggest swings are noteworthy. However, his decision to sell most bank stocks while adding Citigroup (C) to Berkshire Hathaway’s (BRK) portfolio is puzzling Wall… Source link

Investors had nowhere to hide on Monday as both the stock market and cryptocurrencies tumbled. The rout followed yet another report of high inflation on Friday that has investors concerned the Federal Reserve will continue its aggressive interest rate hikes, thereby increasing the odds of a U.S. recession. The cryptocurrency market saw its total market cap drop by roughly 12% on Monday to just $980 billion. The sector as a whole has now seen more than $2 trillion in losses since its November… Source link

Snap (SNAP) is getting hammered. Shares of the social media/camera company, which were trading as high as $83.11 in September 2021, have since plunged amid rising inflation, the war in Ukraine, and Apple’s privacy changes. Shares of Snap collapsed a stunning 74.5% year-to-date as of Monday, falling to $12 ahead of the close of markets in New York. Snap suggested the pain could continue, warning in a Securities and Exchange Commission filing last month that it will likely fall short of its Q2… Source link

After a year of back-and-forth, Silicon Valley tech executive Marissa Mayer has finally demolished three townhouses she bought next to her Palo Alto home to install a backyard pool. As first reported by the Silicon Valley Business Journal, Mayer was legally able to raze the neighboring homes despite a California state law that required any home demolitions to be replaced with equivalent replacement “housing units.” That law was seemingly the reason Mayer’s request was denied… Source link