How about that cackle? How about Luka Doncic just straight laughing in the face of whatever poor Phoenix Sun was assigned to stop him on Sunday? Over and over the Dallas Mavericks‘ star would step back and drain a three-pointer — or occasionally take it to the hoop — and then promptly back-peddle down the court where he’d try to catch his opponent’s eye and break into an almost sinister, knowing laugh. Basketball has a long and colorful legacy of trash talk. It’s part of the game…. Source link
Read More »Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says
(Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovic confidence in his pro-risk stance. Most Read from Bloomberg US and European stock markets are pricing in a 70% chance that the economy will slide into recession in the near-term, according to estimates by JPMorgan’s top-ranked strategist. That compares with a 50% chance priced into the investment-grade debt… Source link
Read More »Deshaun Watson to meet with league; suspension coming?
HOUSTON — Deshaun Watson will meet with NFL investigators this week as the league moves closer to concluding its probe into sexual misconduct and assault allegations against the Cleveland Browns quarterback, two sources confirmed to Yahoo Sports. “It is safe to assume that the NFL will be interviewing Deshaun at great length in the near future,” one source said. The NFL has repeatedly declined comment on its Watson investigation. Both sources said the league still hasn’t indicated a… Source link
Read More »Snapchat CEO Evan Spiegel surprises Los Angeles graduates by paying off over $10 million in student loan debt
The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school. While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous… Source link
Read More »Packers, Jaire Alexander agree to record extension
Jaire Alexander broke a few records with the shiny new extension he reportedly signed on Monday. According to ESPN’s Adam Schefter, Alexander and the Green Bay Packers have agreed to a four-year, $84 million contract extension. Schefter reported that the 25-year-old Alexander will receive a $30 million signing bonus, a record for defensive backs, and will be paid just over $1 million in salary this season so his cap number can be as small as possible. His average yearly salary will be around… Source link
Read More »Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t seen in decades. In April, U.S. consumer prices surged 8.3% — down slightly from 8.5% in March, but still near 40-year highs. Spiking inflation has severe consequences for your cash savings. Fortunately, investing legend Warren Buffett has plenty of advice on what to own when consumer prices… Source link
Read More »Terra collapse could ‘accelerate’ crypto regulation by legislators: Circle CEO
TerraUSD (UST-USD), which was the third-largest stablecoin in the cryptocurrency market just a couple weeks ago, has since unpegged from the U.S. dollar and collapsed along with its reserve asset Luna (LUNA1-USD). According to Circle CEO Jeremy Allaire, such a crypto collapse could spur legislators to take quicker action towards regulating the digital asset space. “When you have a major blowup, it’s certainly going to accelerate the need for Congress to act and establish some perimeters… Source link
Read More »Elon Musk is using a ‘dog ate the homework’ excuse to potentially back out of buying Twitter and there is now a less than 50% chance the deal gets done, Wedbush says
Elon Musk.HANNIBAL HANSCHKE /Getty Images Elon Musk’s excuse about Twitter bots is a way to back out of the deal, Wedbush said. Musk agreed to buy Twitter for $44 billion but could be feeling pressure amid falling Tesla stock. “We view the $44 billion Twitter deal as having less than a 50% [chance] to get done,” Wedbush said. There is now a less than 50% chance that Elon Musk will acquire Twitter for $44 billion, a Monday note from Dan Ives, a Wedbush analyst, said. Musk, who plans to put up a… Source link
Read More »Mullen and Development Partner Take Solid-State Polymer Battery Cell Technology to the Vehicle Pack Level
Mullen Technologies, Inc. Partnership with LGG (Linghang Guochuang Group) is on track and focused on taking solid-state polymer battery cell technology into vehicle pack level development. Solid-state batteries are planned for Mullen’s second-generation Mullen FIVE EV Crossover and show promise of over 300 miles of range delivered in 18 minutes with DC fast charging. Mullen and LGG progress to pack level development for solid-state polymer batteries Solid-state polymer batteries planned for… Source link
Read More »Morgan Stanley’s Wilson Sees S&P 500 Losses After Bear Rally
(Bloomberg) — The latest bounce in US stocks is a bear market rally and more declines lie ahead, according to Morgan Stanley strategists. Most Read from Bloomberg “With valuations now more attractive, equity markets so oversold and rates potentially stabilizing below 3%, stocks appear to have begun another material bear market rally,” strategists led by Michael Wilson wrote in a note on Monday. “After that, we remain confident that lower prices are still ahead.” READ: $11 Trillion and… Source link
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