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Antonio Brown released a statement on Wednesday blaming his “coach” for his midgame exit from the field on Sunday that preceded his still-pending release from the Tampa Bay Buccaneers.  The statement released through his lawyer Sean Burstyn was the first time Brown has directly addressed the incident in public. He doesn’t reference Bruce Arians by name, but makes multiple references to an interaction with his “coach,” whom he says pressured him to play with an injured ankle during Sunday’s… Source link

Stock futures slipped Wednesday evening heading into overnight trading after equities did an about-face in the earlier session, plummeting from record highs as investors mulled the likelihood of tighter Federal Reserve policy and interest rate hikes as soon as March. Contracts on all three major indexes were down to extend a bearish day, spurred by the release of minutes from the Federal Open Market Committee’s (FOMC) meeting December 15 that flagged concerns from policymakers about worsening… Source link

With markets still concerned with inflation and how the Fed may react in regard to rate hikes, investors are gearing up for an uncertain 2022.  And according to Francis Gannon, co-chief investment officer at Royce Investment Partners, small caps may be the place to weather these uncertainties in the new year. “I think part of the opportunity here with small caps is the fact that they haven’t done as well as some of the other asset classes,” Gannon said on Yahoo Finance Live (video above)…. Source link

Block (SQ) shares hit 52-week lows on Wednesday, closing down more than 8%. The stock slid as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes.  The digital payment firm, formally known as Square, is down about 26% since announcing its corporate entity name change to Block, on Dec. 1 of last year.  The switch was seen as a nod to the company’s increasing focus on blockchain, the technology which underpins cryptocurrencies such as Bitcoin ( Source link

Roku (ROKU) shares dropped more than 11.7% on Wednesday amid an Underweight initiation by Atlantic Equities over concerns of slowing growth and weak penetration in markets abroad.   “We estimate that 80% of Roku’s active accounts are located in the U.S., implying 34% penetration in that market and just 6% in the other markets in which it operates,” analyst Hamilton Faber wrote in a note to investors. The streaming device company’s international markets include Canada, Mexico, Brazil, the… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 5, 2022 Apple will need to enter uncharted territory to reach $4 trillion Apple (AAPL) on Monday made history by becoming the first publicly traded company with a market cap of $3 trillion. It’s now seesawing back and forth between the mark for the thrill of it. It’s a… Source link

Novak Djokovic has received a medical exemption to compete in the Australian Open without being vaccinated against COVID-19, but that same medical exemption could end up preventing him from entering the country.  Djokovic has been denied entry to Australia due to a visa mixup. According to the Times of London, a member of Djokovic’s team applied for the wrong class of visa — one that doesn’t apply to people who have gotten a medical exemption — and Djokovic’s stuck at the airport without… Source link

Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting “greedy when others are fearful.” And his right-hand man Charlie Munger isn’t opposed to going against the herd, either. Best known as Berkshire Hathaway’s vice chairman and Buffett’s long-time business partner, Munger also serves as the chairman of Daily Journal, a newspaper publisher with a sizable stock portfolio of… Source link

Football helmets received a facelift on Wednesday as for the first time in roughly seven years, Riddell, the leading helmet manufacturer in the NFL and college football, launched a new helmet in an effort to prevent concussions. As evidence of chronic traumatic encephalopathy (CTE) in former NFL players continues to appear in the brains of deceased NFL players, Riddell hopes the new Axiom helmet can help combat head injuries through a combination of the latest helmet technologies. “This is… Source link

U.S. private employers added jobs at a much faster-than-anticipated rate in December, helping to alleviate some worker shortages as the tight U.S. labor market persisted.  The U.S. economy saw 807,000 private payrolls return in the final month of 2021, ADP said in its closely watched report on Wednesday. This compared to the 410,000 job gains consensus economists anticipated, based on Bloomberg data. Employers had brought back 505,000 jobs in November, according to ADP’s revised estimate… Source link