Tag Archives: favorite

Rory McIlroy is the favorite to win the 150th British Open. McIlroy is searching for his second British Open title and first since 2014. He won the 2014 Open at Royal Liverpool by two shots over Rickie Fowler and Sergio Garcia. McIlroy, one of the few top golfers to skip the Scottish Open, enters the Open at +1000 to win ahead of Scottie Scheffler and Jon Rahm. The Scottish Open, won by Xander Schauffele on Sunday, featured nine of the top 10 golfers in the Official World Golf Rankings. World… Source link

Step aside Budweiser — Modelo and Corona are coming for your crown this summer. “Our beer business is doing extraordinarily well,” Constellation Brands (STZ) CEO Bill Newlands told Yahoo Finance Live (video above). “We really think [Modelo] is about to become America’s favorite beer.” Newlands has some data to support the proclamation. Constellation’s beer sales — driven by Corona, Modelo, and Pacifico — rose 14% in the most recent quarter. That marked a quicker pace than the 11%… Source link

It was Kentucky that was expected to pull more upsets in March at the women’s NCAA tournament. Instead, it’s on the wrong end of it out of the gate. No. 11 Princeton, the Ivy League champions, shocked No. 6 Kentucky, 69-62, in the first round of the Bridgeport region on Saturday. The Tigers are on an 18-game win streak and will face No. 3 Indiana on Monday. It is only the second NCAA tournament win for Princeton (25-4). It is the second No. 11 seed to win Saturday and join a handful of… Source link

Stocks have endured a terrible start to the year as investors fret about soaring inflation and the Russia-Ukraine war — but the pullback still doesn’t look like a great buying opportunity per a tried and true measure used by legendary investor Warren Buffett. The “Buffett Indicator” as it’s called by legions of devotees — which takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP — is still hovering around a record high even as… Source link

Russia won’t run on Dunkin’ — at least anymore. U.S. multinational coffeehouse Dunkin’ Donuts is the latest consumer favorite to part ways with its business ties to Russia, joining a growing-by-the-minute list of corporations shunning the country in response to President Vladimir Putin’s military invasion of Ukraine. “Dunkin’ has suspended all current development and investment in Russia,” a spokesperson told Yahoo Finance Friday, indicating the company has approximately 20… Source link

Just eight teams remain in the quest for the Super Bowl. Many consider the NFL divisional round the best football weekend of the year. The stakes are high. The pretenders are gone. In theory, there should be no blowouts like we saw last weekend. Just the league’s eight best teams fighting it out for the right to continue their season. Our staff sat down and took a look at this weekend’s slate from a betting point of view. What’s your best bet for the divisional round? Nick Bromberg: I’m going… Source link

Warren Buffett just poured another $7.6 billion into his all-time favorite business — here are 3 other companies doing something very similar When Warren Buffett’s holding company Berkshire Hathaway spends billions of dollars on an investment, it usually makes headlines. But there wasn’t too much hype surrounding Berkshire’s $7.6 billion purchase in Q3 — and for a good reason: The company was buying back its own shares. Buybacks are a common way for companies to return capital to… Source link

The stock market is entering the danger zone, according to one often overlooked measure of equities valuation.  At its current level of 38 times, the Shiller P/E Ratio is nearing the peak (44 times) seen at the height just before the dot-com bust in 2000, write strategists at SunDial Capital Research. Created by noted Yale professor Robert Shiller, the ratio is seen as better than the traditional P/E ratio as it adjusts for inflation. Historically, a Shiller PE ratio sustained over 25 times… Source link

(Bloomberg) — Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit icon GameStop Corp. jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to… Source link

It’s Kevin Durant and everyone else in the race for NBA Finals MVP. Yes, the Finals haven’t even started yet. Heck, the conference finals haven’t even started yet. But Durant is now down to +150 at BetMGM after his Brooklyn Nets took a 2-0 lead over the Milwaukee Bucks on Tuesday night in their second-round playoff series. “Kevin Durant is the betting favorite to win NBA Finals MVP. BetMGM has received the most tickets and handle on Durant to win the award moving his odds from +700 to… Source link