Yahoo News

Wall Street’s rate-hike jitters have wreaked havoc on high-growth tech stocks — and Cathie Wood’s Ark ETFs were front and center for the damage yet again. Still, Wood dismissed concerns over inflationary pressures, reaffirming an earlier assertion that deflation remains the focus for her firm during a webcast on Tuesday. The Ark Invest CEO also said that price increases were likely to ease as supply chain issues resolve. Wood’s remarks come amid Federal Reserve Chair Jerome Powell’s… Source link

Looking to escape the daily volatility in markets? Then find a few great investing themes and invest around those for the next decade, argues Kate Moore, BlackRock’s head of thematic strategy for the global allocation. “Three of my favorite themes are disrupting the consumer, the digital transformation and really thinking about climate and ESG opportunities around the globe,” the closely followed strategist revealed on Yahoo Finance Live.  Moore points to software companies as one way to bet… Source link

Now that the 2021 college football season is over, it’s already time to start looking ahead to 2022. We’ll have a better idea of what teams will look like over the next few weeks as players declare for the NFL draft before the Jan. 17 early-entry deadline and coaches add transfers before shoring up their recruiting classes in February. But it’s not too early to make our first guess at what the top 25 will look like ahead of the 2022 season. As always, this is simply a first look. Things are… Source link

Mike Florio and Peter King rundown the vacant head coaching positions in the NFL as of Tuesday morning, and decide which job is the most attractive for interested coaching candidates. Video Transcript [MUSIC PLAYING] MIKE FLORIO: Time now for PFT on Yahoo Sports. Peter King, Mike Florio. 18 teams are done for the 2021 season. And a third of those teams are looking for new coaches. Six vacancies already. Who knows what else may happen. But we know that six teams are looking for coaches. The… Source link

Apple (AAPL) CEO Tim Cook is flush with cash. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98.7 million in stock and cash in 2021. That’s a 571% increase in his compensation compared to 2020. Cook, of course, has seen Apple through a slew of firsts including hitting a market cap of $1 trillion in 2018. Oh, and he also oversaw the release of everything from new versions of the Apple Watch to the company’s expansion into streaming… Source link

Federal Reserve Chairman Jerome Powell told Congress Tuesday that if the pace of price increases do not come down, the central bank will get more aggressive with raising short-term borrowing costs. “If we see inflation persisting at high levels, longer than expected, if we have to raise interest rates more over time, then we will,” Powell said in a Senate Banking Committee hearing. Powell is facing the Senate for his renomination. President Joe Biden announced in November that he was… Source link

Retail investors haven’t lost confidence in the bull market in stocks (yet) despite a tough start to the year, according to new data from Bank of America’s strategy team of Savita Subramanian and Jill Carey Hall. “BofA Securities clients were small net buyers of U.S. equities the first week of 2022 ($0.5 billion), during which the S&P 500 fell 1.9%. Clients bought both ETFs and stocks. Retail and hedge funds clients led the buying last week while institutional clients began the year with… Source link

Advanced stats don’t love the Green Bay Packers. Las Vegas oddsmakers have been a bit cool on the Packers, setting lines for their games all season a little lower than you’d think.  There are many smart voices and methods that aren’t believers in the Packers. It’s also OK to trust what you see sometimes. And it’s hard to come up with a great reason to doubt the Packers as the Super Bowl favorite.  Here’s what the Packers’ season looked like: They were blown out 38-3 in Week 1 against the New… Source link

Shark Tank investor Kevin O’Leary may be bulking up his portfolio with cryptocurrency these days, but he is slimming down his weight. The 5’10” millionaire businessman is currently 164 pounds, after dropping 20 pounds late last year. O’Leary tells Yahoo Finance Live he was incentivized to shed those pandemic pounds after his annual medical checkup revealed he had high blood pressure. “My doctor said you’ve got to lose 20 pounds, your blood pressure is way up. It’s been going up… Source link

INDIANAPOLIS — They’d waited more than 40 years for Monday night, as Georgia last reached this perch when Herschel Walker pranced, Jimmy Carter lived in the White House and Vince Dooley wore a tie on the sideline.  Georgia football popped occasionally under Mark Richt, hit a ceiling with Jim Donnan and toiled in the late years of Ray Goff. Georgia’s proud fan base accumulated a generation of scar tissue waiting for a national championship, as four decades of futility included the… Source link