Tag Archives: buying

Charles Hoskinson, co-founder of the Cardano blockchain network, said he is considering acquiring CoinDesk, the media arm of the struggling Digital Currency Group, saying journalistic integrity needs to be restored to reporting on cryptocurrencies and blockchain. CoinDesk is reportedly exploring a sale. See related article: DCG’s crypto lender Genesis files for bankruptcy Fast facts “My interest on the media side is more broad… I would like to figure out how to get to journalistic… Source link

Tesla (TSLA) stock’s recent decline has reached attractive levels, and it’s time for investors to start positioning for an upswing, Piper Sandler argued in a new note. “Tesla took longer than expected to cut prices, but now that pricing adjustments have been made and now that the valuation has reset, we think investors should be proactively buying TSLA,” research analyst Alexander E. Potter wrote in a note to clients on Wednesday. Tesla shares have fallen more than 40% over the last… Source link

Yahoo is offering a global carbon-neutral private marketplace (PMP) thanks to its latest ad tech partnership with Scope3. With Scope3’s Green Media Products available within Yahoo’s supply-side platform (SSP), brands and agencies allocate spend towards GMP, Scope3 then measures the emissions associated with the campaign once it has run, and the publishers and ad sellers then contribute to Scope3’s chosen carbon-removal projects. GMP is billed as carbon-neutral media and aims to price… Source link

Jaw-dropping layoff announcements from giant tech names Amazon (AMZN) and Salesforce (CRM) to kick off 2023 may not make their battered stocks great buys just yet. “I think we go through this round of quarterly earnings reports and hopefully companies guide very ugly because it’s in their benefit to do so for next year,” veteran tech watcher Paul Meeks explained on Yahoo Finance Live (video above). “So they announce their blood-letting, whether it being operational costs including trimming… Source link

What does Warren Buffett like in a stock? You could put a solid business moat high on the list. High returns on invested capital (ROIC) would be up there, too, as would an outstanding management team. And we can’t leave out an attractive valuation. Google parent Alphabet (GOOG 0.69%) (GOOGL 0.63%) checks off all of those boxes and dominates its core search market. It’s a strong challenger in others, as well, notably including cloud hosting. Alphabet’s ROIC consistently trounces the levels… Source link

The headlines for online-car buying platform Carvana (CVNA) haven’t been good recently. And whether the company will remain a public entity is now in doubt. In fact, Yahoo Finance dubbed Carvana “Worst Company of the Year” after polling more than 5,000 readers on their suggestions. Despite a stock down 98% this year, concerns over its debt load, and whether management has the know-how to right the business, it seems one thing may have some staying power — the trend of buying used cars… Source link

Thanksgiving gatherings are back, according to the CEO behind the turkey brand Butterball. In a recent interview with Yahoo Finance, Jay Jandrain said, “We’re seeing larger size gatherings now, we’re seeing a resurgence for people to have that Thanksgiving meal” after COVID-19 impacted the past two years, leading many consumers to have smaller groups for holiday gatherings. “Expectation is very high for participation and they are going to be larger groups … They’ll probably be demand for… Source link

‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what it was at the beginning of the year — inches closer to 7%. Homebuilders, too, are losing confidence in the… Source link

Pickleball, crazy as it sounds, has been hot. Now, the space has two new high-profile entrants — sports manager Rich Kleiman and NBA superstar Kevin Durant. The co-founders at Thirty Five Ventures, also called 35V, announced Thursday that they’ve bought a team in Major League Pickleball (MLP). “I love the sport,” Kleiman told Yahoo Finance. “I love the culture around the sport and the fact that we’re at beginning of the development of a professional sports league, at a time when the sport… Source link

Pickleball, crazy as it sounds, has been hot. Now, the space has two new high-profile entrants — sports manager Rich Kleiman and NBA superstar Kevin Durant. The co-founders at Thirty Five Ventures, also called 35V, announced Thursday that they’ve bought a team in Major League Pickleball (MLP). “I love the sport,” Kleiman told Yahoo Finance. “I love the culture around the sport and the fact that we’re at beginning of the development of a professional sports league, at a time when the sport… Source link