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Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stocks that could give you a piece in a pivotal year 2021 turned out to be a great year for many 5G stocks. But according to Bank of America, 2022 could be even better. “This is the year 5G comes alive,” says the bank’s Global Research team. Bank of America points out that wireless carriers like Verizon, AT&T and T-Mobile plan to spend tens of billions of dollars on 5G deployment in the… Source link

A whipsawed Wall Street can expect to see even more volatility ahead as the Federal Reserve gears up its first rate hike campaign of the pandemic era, one investor told Yahoo Finance this week. The Dow dropped 200 points Friday, as markets closed out a volatile week with its second consecutive weekly loss. The new year has gotten off to a rough start, following underwhelming earnings reports from major banks and lackluster economic data — adding to the risk of higher rates as inflation… Source link

Kentucky basketball coaching legend Joe B. Hall has died, the school announced Saturday. He was 93. Hall replaced Adolph Rupp as coach in Lexington in 1972 and guided the Wildcats until 1985, compiling a 297-100 record with 10 NCAA tournament appearances, three Final Fours and a national title in 1978. Hall remained a fixture in Lexington until his death. He also played for Rupp on the Wildcats’ 1949 team that won the national title, making Hall one of three men who played and coached on an… Source link

U.S. restaurants hoping to stay afloat during the pandemic have seen a “massive slow down” in dining as the Omicron variant and chilly temperatures cause another wave of disruption for the hospitality industry. “We are being forced into situations where we don’t have enough staff to open the restaurants, we’re seeing a slowdown,” Gabe Stulman, founder and CEO of Happy Cooking Hospitality, a restaurant group in New York, told Yahoo Finance Live on Friday. Citing a litany of reasons Source link

A version of this post was originally published on TKer.co. Let’s talk about the CAPE ratio. It’s one of the most widely-followed stock market valuation and investing metrics. It’s being talked about more as investors wonder whether stocks are poised to lose ground in 2022. Unfortunately, the signal of doom it supposedly sends is a myth. CAPE, or cyclically adjusted price-earnings, was popularized by Nobel prize-winning economist Robert Shiller. It’s calculated by taking the price of… Source link

Fox News host and right-wing commentator Dan Bongino won’t be able to upload anything to his YouTube channel for a week, according to Forbes and The Hill. The website has temporarily suspended his account over COVID-19 misinformation, specifically for saying masks are useless in preventing the coronavirus’ spread. YouTube updated its rules in 2020 to prohibit “content about COVID-19 that poses a serious risk of egregious harm.” It doesn’t permit videos with medical misinformation that… Source link

Bitcoin (BTC-USD), the premiere digital currency first introduced in 2009, raised eyebrows this week when it dropped below $40,000 for the first time in three months, stoking fears of uncontrolled volatility. But by Wednesday, the coin’s price had risen back to $43,000 and many financial leaders are predicting Bitcoin to surpass $75,000 before the year ends. The quick recovery proved to many crypto enthusiasts that Bitcoin is here to stay. Now, some investors are highlighting Bitcoin for… Source link

I was in Washington D.C. this past week and you could almost feel the strife in the brisk January air, with the endless squabbling over President Biden’s stalled Build Back Better plan being Exhibit A. And yet I did find instances of bipartisanship, featuring some strange bedfellows the likes of which I hadn’t seen since Representative Alexandria Ocasio-Cortez and Senator Ted Cruz briefly aligned on Twitter last year during the meme stock brouhaha — before AOC kicked Ted to the curb, 67… Source link

Imagine a world in which  Google is a smaller private company, not the global behemoth Alphabet is today. Surprisingly, it almost happened. Google co-founders Sergey Brin and Larry Page were hesitant to go public because they feared that sharing control of the company with shareholders would force them to do things they didn’t want to do. A chance meeting with Warren Buffett changed their minds. Buffett explained the two-tier stock structure that he used to retain control over Berkshire… Source link

Eight evening games are included in the main contests at Yahoo on Saturday. Colorado, Tampa Bay and Detroit are the largest favorites with the Penguins, Maple Leafs and Rangers all receiving notable road chalk. Here’s a look at a number of recommendations and fades for each position. All statistics from Natural Stat Trick and Hockey Reference. GOALIE Alex Nedeljkovic, DET vs. BUF ($28): The Sabres rank third last in expected goals per 60 minutes at five-on-five in the league, and Nedeljkovic… Source link