Tag Archives: King

(Bloomberg) — Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America Corp. strategists. Most Read from Bloomberg Cash had inflows of $30.3 billion, while global equity funds saw outflows of $7.8 billion in the week through Sept. 21, the bank said in a note, citing EPFR Global data. Bond funds lost $6.9 billion, while $400 million left gold, the data showed. Investor sentiment… Source link

Goosebumps author R.L. Stine at the NASDAQ opening bell in 2015. (Photo by Slaven Vlasic/Getty Images) The Goosebumps books have been scaring generations of young readers silly for 30 years now. But franchise mastermind R.L. Stine tells Yahoo Entertainment that he’s no ‘fraidy cat. “Here’s the strange thing about me — I don’t get scared” the 78-year-old author confesses. “I think there’s something missing in my brain! Even as a kid, horror always makes me laugh. Whether I’m reading a… Source link

Burger King employee Kevin Ford never missed a day’s work in the 27 years he spent as a cook at the Las Vegas McCarren airport location of the chain restaurant. So when he arrived at work on the 27th anniversary of his employment and joked around about the time spent working at the company, management scrambled to find a present to thank him for his hard work. The present: a string backpack, a movie ticket, a lanyard, a coffee cup, and some candy. Ford posted a video of him opening the… Source link

Nicknamed “the Bond King” by Fortune Magazine in 2002, Pacific Investment Management Company (PIMCO) founder Bill Gross made both a name and a very profitable empire managing bond funds. At the height of his career, Gross earned over $300 million in net returns and had accumulated almost $500 billion in assets. Then it all came tumbling down. Gross stepped down from PIMCO following a widely-publicized internal conflict between him and fellow chief executive Mohamed A. El-Erian. More… Source link

There is more meat to the plans to revive Burger King in America than simply reclaiming the flame of the iconic Whopper sandwich. At least that’s the read for the restaurant analyst team at Evercore ISI, which just spent a half day with the management team at Burger King parent company Restaurant Brands. “Aspects of the Burger King U.S. turnaround plan includes menu simplification to improve order accuracy and speed of service, a more balanced value offering (e.g., new $5 meal launched in… Source link

Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach.  “China is uninvestible, in my opinion, at this point,” the bond king told Yahoo Finance in an interview at his California estate. “I’ve never invested in China long or short. Why is that? I don’t trust the data. I don’t trust the relationship between the United States and China anymore. I think that investments in China could be confiscated. I think there’s a risk of… Source link

Tesla (TSLA) shares’ recent correction is a buying opportunity for investors bullish on the electric vehicle (EV) company, says investment adviser Ross Gerber. “If I’m an investor, I’m pretty happy I get this opportunity with Tesla again,” Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, told Yahoo Finance The electric vehicle giant’s stock is down about 15% from its all time high reached a couple of weeks ago as CEO Elon Musk has been selling some of his Tesla shares. The… Source link

Last week, Robinhood’s third-quarter earnings fell well below Wall Street estimates, causing the company’s share price (HOOD) to sink more than 10%. With crypto trading down 78% from the prior three-month period, the company needs to lure more investors to use their platform, especially for trading cryptocurrency. Now it’s offering free dogecoin (DOGE-USD) along with BTC and ETH through a sweepstakes in partnership with fast-food giant Burger King, which is owned by Restaurant Brands… Source link

The coronavirus pushed some Americans to abandon cash, and a new report was “somewhat surprised” that one demographic remains loyal: Teens. The findings were based on data from Piper Sandler’s fall 2021 “Taking Stock with Teens” survey, a semi-annual survey that was conducted between August 17 and September 16 and compiled responses from 10,000 teens (average age 15.8) across 44 U.S. states. According to Piper Sandler, which titled the chart below as “Cash Is (Still) King For Teens’ Top… Source link

At its Search On event today, Google introduced several new features that, taken together, are its strongest attempts yet to get people to do more than type a few words into a search box. By leveraging its new Multitask Unified Model (MUM) machine learning technology in small ways, the company hopes to kick off a virtuous cycle: it will provide more detail and context-rich answers, and in return it hopes users will ask more detailed and context-rich questions. The end result, the company… Source link