As Netflix (NFLX) grapples with company-wide layoffs and slowing subscriber growth, there’s been increased talk when it comes to the streamer’s complicated relationship with the box office — and what it could look like moving forward. National Association of Theatre Owners (NATO) CEO and president John Fithian told Yahoo Finance that theaters would happily welcome more streaming content on the big screen, despite exhibitors’ strained history with the streaming boom at large. “The door is… Source link
Read More »J.P. Morgan Sees an ‘Attractive Entry Point’ in These 2 Stocks
Did markets hit a turning point? The past couple of months brought us a seven-week losing streak in stocks, the longest such streak in over a decade, but the week before the Memorial Day holiday weekend saw strong gains. The S&P 500 wiped out its May losses. Post-holiday trading shows that some of these gains are continuing. If so, then it makes this the ideal time to ‘buy the dip,’ to get in while stocks remain at low cost, with attractive entry points. That’s the view from investment… Source link
Read More »‘It is like watching a plane crash’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks
Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry was selling most of his stock portfolio and calling for the “mother of all crashes.” He’s not exactly bullish on the overall… Source link
Read More »Stocks advance in upbeat start to June trading
U.S stocks gave up gains early Wednesday following stronger-than-expected readings from the U.S. manufacturing sector and stern comments from JPMorgan (JPM) boss Jamie Dimon. After rallying to start the trading session, led by a 1% advance from the Nasdaq, all three major indexes turned negative about 80 minutes into the trading day. The S&P 500 and the Dow both lost as much as 0.7% while the Nasdaq was off as much as 0.3%. The Russell 2000 was down by the most, falling as much as 0.9%. Data… Source link
Read More »I quit my job as a Netflix engineer making $450,000 a year. The money wasn’t worth the boredom.
Michael Lin began to find his engineering role repetitive and wanted to pivot to product management.Michael Lin Michael Lin joined Netflix in 2017 as a senior software engineer. At first, he enjoyed his role. After two years, Lin wanted to go into product management but found no clear pipeline to follow. He lost motivation and eventually received his preemptive severance package in May 2021. I started working at Netflix as a senior software engineer in 2017 after leaving my job at Amazon. I was… Source link
Read More »Marcus Smart is going to play his game vs. Steph Curry
SAN FRANCISCO — If the Boston Celtics are to execute what would be a moderate upset of the Golden State Warriors in the 2022 NBA Finals, chances are the two-time league MVP Stephen Curry would need to be slowed down. The individual responsible for that burdensome task: the 2021-22 Defensive Player of the Year, Marcus Smart. Smart granted Yahoo Sports a phone interview upon the Celtics landing in the Bay Area ahead of Game 1 on Thursday. The guard discussed his matchup with Curry, how he… Source link
Read More »Elon Musk said working from home during the pandemic ‘tricked’ people into thinking they don’t need to work hard. He’s dead wrong, economists say.
Elon Musk at the 2022 Met Gala.Andrew Kelly/Reuters Elon Musk said Covid-19 lockdowns “tricked people into thinking that you don’t actually need to work hard.” Working from home didn’t make workers less productive, three economists told Insider. The only constraint on productivity was when workers had children at home they needed to look after. Elon Musk is not a fan of remote work. In the early hours of Wednesday, Musk commented on a tweet which appeared to show an email from himself to Tesla… Source link
Read More »Tommy Pham adds blame for Pederson slap to commissioner Mike Trout
The wild fantasy football feud that has taken over Major League Baseball doesn’t stop with just Tommy Pham and Joc Pederson. It’s also far from over, even after Pham served his three-game suspension. The incident now apparently includes Los Angeles Angels star Mike Trout, otherwise known as the “worst commissioner in fantasy sports.” If Trout would have simply run the league, Pham said jokingly, there wouldn’t have been an issue in the first place. “Trout did a terrible job, man,”… Source link
Read More »More than 4,000 Salesforce employees have signed an open letter demanding the company cut ties with the NRA
Salesforce co-founder and co-CEO Marc Benioff.NICHOLAS KAMM/AFP via Getty Images Salesforce employees signed an open letter urging company leadership to drop the NRA as a customer. It’s “unconscionable” that the NRA can use their software for marketing and fundraising, the employees said. Marc Benioff, the co-CEO of Salesforce, has previously voiced support for gun control. More than 4,000 Salesforce employees have urged their company’s leadership to drop the National Rifle Association (NRA) as… Source link
Read More »Living in the moment with Tiger Woods and beer
You don’t hear much applause at golf tournaments anymore. “The art of clapping is gone,” Tiger Woods said a couple years back. “Everyone’s holding a cell phone.” Oh sure, you’ll still hear plenty of “woo” and “mashed potato” and “Tiger Tiger Woods y’all” and, of course, “get in the hole.” (“Baba Booey” has faded as Howard Stern’s cultural footprint has diminished. “Brooksy” mostly vanished when Koepka and DeChambeau squashed their beef. And “dilly dilly” died the lonely, unmourned… Source link
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