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Miami has moved on from Manny Diaz, opening the door for Mario Cristobal to come back from Oregon. Diaz was informed of his dismissal during a Monday morning meeting with Miami’s president, sources told Yahoo Sports’ Pete Thamel. Diaz, the son of a former Miami mayor, was given three seasons with the Hurricanes before the school — which currently does not have an athletic director but is close to landing Dan Radakovich from Clemson — opted to go in another direction. That next direction… Source link

When it comes to cryptocurrency, financial adviser Ryan Payne agreed with billionaire Charlie Munger when he said, “This era is even crazier than the dot-com era.” “This whole Bitcoin (BTC-USD) thing — this whole cryptocurrency — is one of the biggest bubbles ever,” Payne, president of Payne Capital Management, told Yahoo Finance live on Friday.  “I do think that bubble is eventually going to burst. It’s going to be ugly,” he added.  The global crypto market “is somewhere over $2… Source link

Zoom Video Communications (ZM) broke a 7-year winning streak in 2021. Before Zoom, every business Yahoo Finance selected for Company of the Year delivered a positive stock return during the following 12 months. All but once, those stocks outperformed the S&P 500. Zoom shares, however, have fallen 46% so far this year, the first losing performance since Disney was our debut Company of the Year in 2013. We’re not apologizing—and we doubt Zoom investors are complaining, either. Zoom was our Source link

Stocks rose on Monday, with investors further weighing the potential impacts of the Omicron variant after last week’s volatile trading. Bitcoin prices edged marginally lower after a weekend sell-off. The S&P 500 and Dow each gained, while the Nasdaq was slightly lower. Small-cap stocks outperformed, and the Russell 2000 added about 1%.  Some encouraging developments about the latest coronavirus variant helped boost risk assets. Dr. Anthony Fauci, director of the National Institute of Allergy… Source link

Microsoft (MSFT) has had a stunning year. After nearly 50 years in business, the tech giant crashed through the $2 trillion market capitalization mark in June, joining an exclusive club that includes Apple and, for a brief moment, Google parent Alphabet. As of Dec. 6, Microsoft was worth a staggering $2.4 trillion. Over the last 52 weeks, Microsoft’s stock price has skyrocketed 45%, easily outpacing the broader S&P 500, which rose 21%, not to mention rivals Apple (AAPL) and Amazon (AMZN),… Source link

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 Monday, December 6, 2021 Most investors will enter this week confused after battling through another topsy-turvy trading week.  Bitcoin nosedived at its worst by 20% over the weekend (more on that below). Last week, the S&P 500 saw five straight losses of at least 1% at one point each day, according to Bloomberg data. Small-cap stocks as measured… Source link

Bitcoin was trading near two-month lows. Photo: Getty Images Cryptocurrencies were down on Monday morning after bitcoin’s price took a battering over the weekend. Bitcoin (BTC-USD) was down almost 3% at the time of writing, trading at $48,143 (£36,304). That’s almost 30% down from its all-time high of $69,000, which it hit last month. Over the weekend it had fallen to about $42,000. The crypto was trading near two-month lows as a level near $42,000 was last seen in the first few sessions… Source link

In association with Yahoo. In the run-up to the festive season, ExchangeWire speaks to Yahoo’s Selma Ali (insights director) and Joe Connors (director, buyer development) to discuss the key trends for marketers in the coming weeks and how data can be leveraged by retailers in both online and offline contexts. What are the key shopping trends marketers and retailers should be aware of over this Christmas period and how will these differ compared to last year? We have just published our… Source link

The NBA starts off the week in busy fashion with 10 games on the schedule Monday. There are some underwhelming matchups on the slate, including the Pistons hosting the Thunder. However, there are also some stellar matchups, one of which is the Bulls taking on the Nuggets. Another features the surprisingly tough Cavaliers traveling to Milwaukee to face the Bucks. The Cavaliers lost to the Jazz on Sunday, but they put up another valiant effort in the one-point defeat. Let’s dive into some… Source link

Gervonta Davis got a fight on Sunday. (Photo by Katelyn Mulcahy/Getty Images) Gervonta Davis might have defeated Isaac Cruz, but there was at least one upset in the ring Sunday night. It was the judges filling their whole scorecard. Davis, the undefeated knockout artist who could soon be boxing’s next big thing, defeated the challenger Cruz by unanimous decision — 116-112, 115-113, 115-113 — at Staples Center, his first fight to go the distance since October 2014. And even that fight was… Source link