Yahoo News

Yahoo’s new contest and features explained

Special to Yahoo Sports With Week 1 officially upon us, it’s time to finally start building DFS lineups. Before doing that, though, fantasy managers should consider how they can get the most bang for their buck while also maximizing upside. Yahoo Daily Fantasy has added rules and contests in 2021 that ensure both new and experienced DFS players have the best environment possible. Getting the most bang for your DFS buy-n When searching for contests to enter, DFS players should be looking for… Source link

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Here’s why investors are selling Tesla stock and buying Ford, GM: Analyst

Coming back from the Labor Day weekend, Tesla (TSLA) shares marked a 2.64% gain on Tuesday, trading at just over $750 by market close. And while some experts are targeting $3,000 per share, TD Ameritrade Chief Market Strategist JJ Kinahan explains why TD’s clients are selling Tesla in the near term. “[TD Ameritrade’s clients] sold [Tesla shares] in July and August, which I think is very interesting overall,” Kinahan told Yahoo Finance Live. “[They sold for] a couple of reasons…. Source link

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3 major companies just fired a warning shot at stock market bulls

Despite investment banks such as Morgan Stanley and Credit Suisse recently cutting their U.S. equity outlooks, one would be hard-pressed to not find bulls continuing to outnumber bears on Wall Street.  Chat up any strategist on the Street and most are apt to play down the impact of the Delta variant on the U.S. economy, while playing up the potential for companies to expand profit margins further. The bulls — and again they continue to rule the roost —are also quick to point out strong… Source link

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Bitcoin prices just got smashed, but this crypto insider still sees $160,000

The steep pullback in bitcoin prices (BTC-USD) this week doesn’t derail the bullish outlook for cryptocurrency, argues one veteran industry insider.  “If we have enough volume from new buyers, we should go back and retest that $53,000 to $55,000 level. If we break through that, we will see new highs this year. I am still holding my projections that we will be hitting the $140,000 to $160,000 levels. It might take us into Q1 of next year because of this kind of flash crash and clean-up we… Source link

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First parents stand trial in college admissions bribery scandal

Two parents are set to face trial starting Wednesday over their alleged participation in a widespread criminal scheme to fraudulently secure college admissions for their children. In 2019, the Justice Department announced charges related to an alleged conspiracy that involved parents of aspiring undergraduate students collectively paying more than $25 million to a middleman who secured student-athlete placements at highly selective U.S. universities including Georgetown, Stanford, UCLA, and… Source link

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Apple stock is up ahead of the iPhone 13 reveal

Investors are nibbling at Apple (AAPL) ahead of a potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. It closed Tuesday at $156.69, up 1.55%. The stock has rallied to the tune of 7% in the past month, almost double the Nasdaq Composite. Apple’s stock is the second-best performing member of the FAANG [Facebook (FB), Apple, Amazon (AMZN), Netflix (NFLX), Google (GOOG, GOOGL)]… Source link

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Opening arguments to begin in high-stakes criminal trial

Opening statements are set to begin today in a long-delayed and anticipated criminal fraud trial against Elizabeth Holmes, a Stanford University dropout whose blood-testing company, Theranos, propelled her to become the world’s youngest female self-made billionaire. Holmes, now 37, launched the Silicon Valley startup in 2003 at just 19 years old, with a vision to overhaul diagnostic health care. Over more than a decade, the entrepreneur sold investors on the idea of developing an analyzer,… Source link

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Britney Spears’ father moves to end conservatorship — but court battle far from over

In a shocking turn of events, Jamie Spears has filed to end his pop star daughter’s controversial 13-year conservatorship, moving to resolve a polarizing legal battle that’s drawn massive public scrutiny.  In court filings late Tuesday, the elder Spears stated that Britney “is entitled to have this Court now seriously consider whether this conservatorship is no longer required.” The document read that Britney Spears’ circumstances have changed “to such an extent that grounds for… Source link

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Nio Slips Premarket on News of $2 Billion Secondary Offering

By Dhirendra Tripathi Investing.com – Nio ADRs (NYSE:NIO) traded 3% weaker in Wednesday’s premarket in response to the Chinese electric vehicle maker’s plans to sell up to $2 billion in new American depositary shares to fund its expansion. The deal will represent an increase of around 3% in the company’s share count. Each ADS, each representing one Class A ordinary share of the company, will be issued through an at-the-market offering program. The ADSs will be offered through Credit Suisse… Source link

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El Salvador’s bitcoin move puts best, worst crypto impulses on display: Morning Brief

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 Wednesday, September 8, 2021 A country’s embrace of bitcoin puts 2 competing crypto visions on display Tuesday marked what one observer called the “start of a new world,” as El Salvador officially became the first country to accept bitcoin as legal tender.  The eagerly anticipated move is a big test of cryptocurrency’s staying power, and… Source link

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