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Robinhood (HOOD) stock has been on a downtrend since its IPO in July of last year. The financial services company, which aims to “democratize finance for all,” also recently produced a lackluster earnings report for Q1 2022. Amid Robinhood’s financial woes, finance YouTube channel host and retail trader Matt Kohrs believes the outlook is bleak for the company’s stock. “At least from the retail trading community, which I’m happily a member of, I don’t really think the sentiment has… Source link

It’s only three months into 2022, and some pure-play media companies are having a terrible year. How terrible? Losing-half-market-cap bad. Shares of Netflix are down a startling 67% year to date, pressured by another disappointing quarter for subscriber growth and a weak outlook. The streaming giant is now in cost-cutting mode — Meghan Markle’s animated series ‘Pearl’ is now off — in an effort to boost profits with its top line slowing. “Netflix is a growth company, but no longer a premium… Source link

Pretty much no matter which draft grade you want to read, the New England Patriots finished at the bottom or near it. And that’s where the problem begins. Bill Belichick and the Patriots have been doing things their own way for 20 years, probably going back to cutting Lawyer Milloy when everyone thought they were crazy. It turned out pretty well for them. They’ve done it their own way, and their way resulted in the greatest dynasty in major American professional team sports. Therefore, every… Source link

Stocks headed for losses in the first session of May following one of the worst monthly performances for the S&P 500 since the depths of the pandemic in 2020. Contracts on the S&P 500 turned lower, erasing overnight gains. Dow and Nasdaq futures also dipped into the red ahead of the opening bell. U.S. crude oil prices fell to hover above $101 per barrel, and the benchmark 10-year Treasury yield held above 2.9%, or near its highest level since December 2018. Investors this week are bracing for… Source link

Iván Markman, chief business officer, Yahoo, believes ‘commerce everywhere’ is going to be one of the emerging trends. Iván Markman joined Verizon Media in early 2019 as its chief business officer. Later, when Verizon media became Yahoo again in September 2021, he filled in the same role at the newly constituted Yahoo. After a successful start, there is no denying that Yahoo’s path has been full of twists and turns after many significant changes in the… Source link

By Maria Ponnezhath (Reuters) – Streaming platform Netflix Inc said on Sunday it had decided to stop work on Meghan Markle’s family series “Pearl” as it reviewed animated content. Dropping several projects, including Markle’s, was part of strategic decisions on production of animated series, the company said in a statement, without providing further details on its decision. Archewell Productions, the company formed by Markle and her husband, Prince Harry, said last year that she would be an… Source link

The Green Bay Packers granted Matt LaFleur’s request for speed at wide receiver during the 2022 NFL draft. At the NFL Annual Meetings last month, LaFleur said the Packers needed to add speed to help replace Marquez Valdes-Scantling, the offense’s top deep threat. A month later, Brian Gutekunst obliged, taking two of the fastest on-field players at the Senior Bowl in Christian Watson and Romeo Doubs. “Certainly, if you look at our roster right now, we definitely need to get some speed in… Source link

Both Rafael Nadal and Novak Djokovic slammed Wimbledon’s move to ban Russian and Belarusian players from the tournament this year over Russia’s invasion of Ukraine. The two tennis stars, speaking from the Madrid Open on Sunday, called Wimbledon’s decision “very unfair.” “It’s not their fault what’s happening in this moment with the war,” Nadal said, via The Associated Press. “I’m sorry for them. Wimbledon just took their decision … The government didn’t force them to… Source link

Intended or not, MLB’s two-year suspension of former Cy Young winner Trevor Bauer is now hovering over the NFL and Deshaun Watson. While one league’s standards of conduct and sanctioning guidelines have nothing to do with the other, both are linked in the court of public opinion. Particularly where it concerns each league’s handling of Bauer and Watson — two of the highest-profile athletes in American sports to recently face disturbing allegations of violence and misconduct against… Source link

BOSTON — The Milwaukee Bucks did to the Celtics what Boston did to the Brooklyn Nets, bullying them. Rarely did the Celtics see open shots in their 101-89 loss in Game 1 of the Eastern Conference semifinals. When they did, the Bucks dared a role player to beat them. Boston will need more fight from their stars than they showed in front of their home crowd on Sunday to unseat the defending champions, because 32% shooting and 33 points combined on 31 shots from Jayson Tatum and Jaylen Brown… Source link