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JPMorgan’s North American equity team is lowering its price target for shares of Coinbase Global from $78 to $60 for December. The publicly listed crypto exchange draws the majority of its revenue from U.S. crypto trading levels, meaning its third and fourth quarter earnings hinge on crypto trading interest. “We think pressure on Coinbase revenue from falling cryptocurrency markets will pressure the stock price,” JPMorgan analysts wrote. Shares of Coinbase Global (COIN) sold down from… Source link

The Buffalo Bills suffered a huge blow to their secondary this weekend when the team placed starting safety Micah Hyde on injured reserve with a neck injury, according to his agent, Jack Betcha. “Unfortunately client Micah Hyde will be put on IR today due to his recent neck injury.” Betcha tweeted Saturday morning. “Fortunately, we expect a healthy return for #23 in 2023 #BillsMafia.” Hyde, who has been a steady fixture for the Bills’ defense over the past six seasons, received… Source link

This article is part of our Yahoo DFS Baseball series. Fall is here. Amid the pumpkin spice and the colorful leaves, we’ve still got some regular-season baseball. This is the final Saturday of September, and there are eight MLB games starting at 7:05 p.m. EDT or later. Autumn brings you sweater weather, and I bring you these DFS recommendations. Pitching Joe Ryan, MIN vs. LAA ($44): Ryan is usually happy to take the mound in Minnesota with a 2.85 home ERA. “Los Angeles” (if you have… Source link

In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favor of personal wealth. “They took their money and ran,” he wrote. In fact, there wasn’t much money to take. Today, with the stock market in meltdown mode, it’s natural to look back at other times of financial woe: The Great Recession of 2008-2009. The bursting tech bubble in 2000. The crash of 1987, never mind 1929 — and all manner of mini-downturns and… Source link

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Albert Pujols became a legend in a St. Louis Cardinals uniform. He rejuvenated his career at Dodger Stadium last season. On Friday, he made history in both. The Cardinals first baseman hit one home run, then another against the Los Angeles Dodgers to join MLB’s exclusive 700-homer club. He joins the rarified air of Barry Bonds, Hank Aaron and Babe Ruth. Pujols, who took fourth position on the MLB homer list when he passed Alex Rodriguez’s 696 earlier this month, is also the first player born… Source link

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(Reuters) – Some investors are backing out of Digital World Acquisition Corp’s plan to acquire former U.S. President Donald Trump’s social media firm Truth Social, the blank-check firm said on Friday. Digital World said it had received termination notices from private investment in public equity (PIPE) investors ending nearly $139 million in investments out of the $1 billion commitment it had previously announced. Investors, who signed the PIPE commitment about one year ago, are free to move… Source link

Dissatisfied Google employees have put top executives on the hot seat a few times this year.  Most recently, they interrogated CEO Sundar Pichai at an all-hands meeting this week about the company’s spending cuts amid a challenging economic climate, CNBC first reported.  At the meeting, employees submitted questions via an internal Google tool, and fellow workers then up-voted popular questions for executives to answer. When asked about why the company is limiting certain… Source link