Yahoo News

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, April 19, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Everybody’s talking about a recession that may not come — anytime soon. Calls for a downturn have escalated in recent months amid soaring inflation, inverted Treasury yield curves, and the specter of tighter monetary policy from… Source link

Investors should lean toward owning stable stocks amid the increasingly volatile economic backdrop and hope for the best, fancies Goldman Sachs. Goldman strategist Ben Snider said in a new note Tuesday that stable stocks — or ones that sport low share price and earnings growth volatility — are a must-own in this current moment. The strategist said the investment bank’s basket of stable growth stocks has outperformed the S&P 500 by five percentage points during the past six months as… Source link

Apollo Global Management is thinking about taking part in a bid for Twitter, a Wall Street Journal report said Monday (April 18). This comes after the $43 billion bid from Elon Musk, the current richest man in the world and the CEO of Tesla. Twitter, despite being a popular platform, has had issues trying to grow, the report said. Apollo is one of the biggest buyout firms in the world. It has held discussions already about backing a potential deal for Twitter. That could give Musk or someone… Source link

Mel Kiper Jr. won’t be on site in Las Vegas next week for the NFL draft. The longtime ESPN draft analyst will participate in draft coverage from his home studio in Maryland because he is unvaccinated against COVID-19, he announced on Twitter on Monday. Kiper said he will still be part of ESPN’s coverage for all three days of the draft — which will mark the 39th of his career. “I completely support everyone determining what’s best for their individual circumstance and recognize the… Source link

It is less than five days before he walks to the ring at Wembley Stadium in London to defend his titles against Dillian Whyte and heavyweight champion Tyson Fury still has not disassociated himself from alleged mobster Daniel Kinahan. Promoter Frank Warren told the BBC Monday that Kinahan, whom the U.S. government contends runs one of the largest drug cartels in the world, has had no involvement in Saturday’s bout for the WBC and lineal heavyweight titles. But Fury, who was pictured with… Source link

It’s been years since Colin Kaepernick sat down for an on-the-record interview about the NFL, and it was something of a coup for the “I Am Athlete” show to get him recently after Kaepernick was in the Miami area for a workout. He sat down with hosts Chad “Ochocinco” Johnson, Adam “Pacman” Jones and Brandon Marshall for a brief talk that packed quite a bit of punch, especially when it comes to Kaepernick disputing many of the lies that have been spread about him. Kaepernick has been traveling… Source link

At least in the eyes of Bam Adebayo and Erik Spoelstra, Adebayo was robbed when it comes to the NBA’s Defensive Player of the Year award. Boston Celtics star Marcus Smart, Phoenix Suns forward Mikal Bridges and Utah Jazz center Rudy Gobert were named the three finalists for the league’s Defensive Player of the Year award on Sunday. Smart was then named the winner on Monday afternoon. Though Adebayo played in fewer games this season than those three — he appeared in just 56 games for the… Source link

The richest Americans are quickly coming off of the sidelines as the 2022 midterm elections heat up, according to newly released filings from the Federal Election Commission. An analysis by Yahoo Finance of the data running through March 31 finds that super PACs (Political Action Committees) have received over 30 checks so far this year of at least $1 million each. And Blackstone CEO Stephen Schwarzman and Oracle co-founder Larry Ellison each gave eight-figure donations to Republican… Source link

Twitter Inc. TWTR, +7.48% is expected to turn down Tesla Inc. TSLA, +1.96% Chief Executive Elon Musk’s offer for the social-networking company, and private-equity powerhouse Apollo Global Management Inc. APO, -1.27% is considering whether to join in a bid, according to a Monday afternoon report. The Wall Street Journal reported after U.S. markets closed that leaders of Apollo, which owns the remnants of… Source link

(Bloomberg) — DiDi Global Inc. tumbled Monday, after the Chinese ride-hailing giant said it’s planning to delist its U.S.-traded shares before it finds a new venue for the stock. Most Read from Bloomberg DiDi’s American depositary receipts sank 18% to $2.01 after it set an extraordinary general meeting for May 23 to vote on delisting its shares from the New York Stock Exchange. While the company will continue to explore listing on another internationally recognized exchange, DiDi said it… Source link