Yahoo News

(Bloomberg) — Have stocks stopped being expensive? Among bulls, hope is coalescing around valuation metrics that could support that view, though with so many caveats they require a big dose of courage to heed. Most Read from Bloomberg After falling 15% this year, the S&P 500 is trading around 4,000. According to analysts tracked by Bloomberg, its members will earn a combined $248 a share next year. Divide price by earnings, and the result is a forward multiple of 16 — roughly in line with… Source link

Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link

This article is part of our Yahoo DFS Baseball series. There will be plenty of baseball to enjoy Thursday with 22 teams in action. One of the highlights will be the beginning of a series between the Yankees and Rays at Tropicana Field. Another exciting series set to get underway will be the Angels playing host to the Blue Jays. In that game, Shohei Ohtani is scheduled to start for the Angels, while Hyun Jin Ryu is expected to start for the Blue Jays. The Phillies will also continue… Source link

Actor Ray Liotta has died at 67. Liotta, who was known for his role as mobster-turned-FBI informant Henry Hill in the 1990 film Goodfellas, died in his sleep in the Dominican Republic, where he was filming the thriller Dangerous Waters, his publicist confirmed to Yahoo Entertainment. He is survived by his fiancée, Jacy Nittolo; an adult daughter, actress Karsen Liotta, whom he shares with ex-wife Michelle Grace; and a sister, Linda Liotta Matthews. Liotta also had parts in movies as diverse in… Source link

Luka Doncic and the Mavericks look to avoid elimination at Golden State in Game 5 of the West Finals. I’m sure everyone was happy to see Dallas win Game 4. It’s always nice to get more basketball because it appeared as though this series was coming to a screeching halt. Golden State looks like the better of these two teams, and it’ll be nearly impossible for the Mavericks to overcome a 3-0 deficit. All that said, let’s look at this critical Game 5! Create the optimal lineup using our… Source link

MIAMI — At the end of the regular season for the Miami Heat, before knowing their first-round playoff opponent, a majority of the players took a surprise trip to the Bahamas for a few days. This was not a trip orchestrated by the Heat. Most teams would rather their players stay locked in the gym and in film sessions as they prepare to embark on the most important juncture of the season. Players raved about the trip, saying it was a welcomed excursion that provided a nice mental break and a… Source link

(Bloomberg) — Alibaba Group Holding Ltd.’s quarterly revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. Most Read from Bloomberg But China’s e-commerce leader also refrained from offering its usual outlook for the year, underscoring the unpredictable impact of a Covid Zero policy that’s already cast the country’s supply chains into disarray and hammered consumer… Source link

U.S. stock futures advanced in pre-market trading Thursday as markets attempted a comeback from steep selling in equities on the heels of disappointing outlooks from some major companies. Futures tied to the S&P 500 climbed 0.5%, and contracts on the Dow Jones Industrial Average gained 160 points, or 0.5%. Nasdaq futures also edged higher, up 0.3% as the index clawed back from losses spurred by recent pressure in the technology sector. The moves follow a brief reprieve for equities, which… 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, May 26, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. It’s no secret that stocks and the 401(k)s that hold them have been battered and bruised this year, as every fledgling rally eventually whipsaws investors further into the red. Last week, the S&P 500 ( Source link

Yahoo and Hivestack, a programmatic digital out of home ad tech company, have formed a partnership to connect technologies and enable programmatic DOOH cross-channel media campaigns globally, according to a company press release. Through the partnership, Yahoo’s omnichannel demand side platform will be integrated into the Hivestack supply side platform, which will allow Yahoo and its clients to access Hivestack’s premium global DOOH inventory through real-time bidding transactions via open… Source link