Tesla (TSLA) shares closed lower following a Reuters report that the company is shutting down most production at its Berlin factory due disruptions in the Red Sea. BlackRock (BLK) is buying Global Infrastructure Partners in a $12.5 billion deal. It comes on the same day the asset management firm reported fourth quarter earnings that topped Wall Street estimates. the firm now as $10 trillion in assets under management. Gold (GC=F) prices rose thanks to investors seeking safety as tensions in… Source link
Read More »Spot bitcoin ETFs, Delta, UnitedHealth Group: Trending tickers
Eleven spot bitcoin (BTC-USD) ETFs kicked off trading Thursday after securing approvals on Wednesday. Investors flocked to the new crypto offerings, driving $4.6 billion in volumes on opening day. Delta Air Lines (DAL) topped fourth-quarter earnings estimates but trimmed its 2024 profit guidance on the back of lingering cost pressures. Though Delta grew revenue 12% last quarter as travel rebounded, margins continue to suffer on high operating expenses. UnitedHealth Group (UNH) shares slipped… Source link
Read More »Patriots’ hiring of Jerod Mayo puts job openings back at 7
NFL coach firings, hirings and movement tracker: Patriots’ hiring of Jerod Mayo puts job openings back at 7 Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Franklin Templeton cuts fee on spot bitcoin ETF
Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton’s Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to… Source link
Read More »NCAA levies significant penalties on Florida State for NIL recruiting violations
Florida State must disassociate with an NIL collective representative after NIL-related recruiting violations. (Rich Storry/Getty Images) Thirty months into the era of name, image and likeness, the NCAA is finally dropping the hammer. The association is levying significant penalties on Florida State football, one of its NIL collectives and a booster, as well as an assistant coach, for NIL-related recruiting violations in the most serious and unprecedented sanctions handed down in the first 2… Source link
Read More »Leading tech requires ‘big business in China’
Restrictive US policies limiting advanced chip exports to China have done little to dampen Qualcomm’s (QCOM) enthusiasm for the world’s second-largest economy. In an interview at CES 2024 in Las Vegas, CEO Cristiano Amon expressed confidence about Qualcomm’s business in the country, its largest market by revenue. “If you have a leading technology, you’re going to have a big business in China,” he said. The San Diego-based firm finds itself in a difficult situation, as the White House… Source link
Read More »Delta will navigate headwinds better than other airlines
Delta trimmed its 2024 guidance on Friday, citing higher costs and supply chain issues. Despite the short-term challenges, Delta is still better positioned than some of its competitors, according to Third Bridge Global Sector Lead Peter McNally. McNally told Yahoo Finance Live that the airline has a number of advantages, including its maintenance program, which makes them “a bit more immune” to inflationary pressures and supply issues. “This won’t be a super great year in 2024, but it will… Source link
Read More »Joe Biden Flips Donald Trump’s Latest Boast Right Back At Him
President Joe Biden flipped Donald Trump’s recent boast about helping to overturn Roe v. Wade against the former president and Republican 2024 front-runner on Thursday. Biden sought to capitalize on voter backlash against GOP efforts to restrict abortion access by sharing to X (formerly Twitter) footage of Trump telling a Fox News town hall this week that he was “proud” of his role. As president, Trump appointed three conservative justices to the U.S. Supreme Court who subsequently nixed… Source link
Read More »Critics Scorch Donald Trump Jr.’s Wild COVID Claim
Donald Trump Jr. went after people “touting Bidenomics” before a wild claim that looked back at his father’s administration on Thursday. “I can’t think of a single metric where anyone is better off now than they were three years ago – even with COVID, frankly,” said the former president’s son at an Iowa campaign event just days prior to the state’s GOP caucuses. CDC data shows there were over 107,000 weekly COVID-19 hospital admissions in the week ending Jan. 16, 2021 –… Source link
Read More »Who will succeed Bill Belichick in New England?
NFL coach firings, hirings and movement tracker: Who will succeed Bill Belichick in New England? Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
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