The Miami Heat are either the most injured team in the NBA or threw a very public dig at the league. The team’s Friday began with the NBA fining it $25,000 for “failing to disclose an accurate game availability status for several players” before its win over the Oklahoma City Thunder on Wednesday. For those who don’t speak league office, the NBA was punishing the Heat for sitting star Jimmy Butler, among others, for what the team called “knee maintenance.” Despite missing Butler, the Heat… Source link
Read More »TikTok is ‘literally like a communications network’ for the Chinese Communist Party
TikTok has become enormously popular with teens and young adults globally, and one U.S. senator is sounding the alarm on the security risks that the Chinese-operated app poses to the general public. “My kids are now in their early 30s and late 20s, so I can’t completely regulate what they’re doing,” Sen. Mark Warner (D-VA) recently said on Yahoo Finance Live (video above). “But if I had young kids, I wouldn’t want them on TikTok.” Warner, a former technology and telecommunications executive… Source link
Read More »Bitcoin Is Heading to the Moon and for Once It’s Meant Literally, Courtesy of BitMEX – Yahoo Finance
Bloomberg China Tech Crackdown Cycle Nearing an End, Top Investor Says (Bloomberg) — Beijing’s antitrust crackdown on homegrown tech giants may be coming to an end, leaving stock valuations of some of the major firms at attractive levels.That’s the view of Hyomi Jie at Fidelity International Ltd., whose China consumer equity funds oversee $7.3 billion in assets. One has beaten 96% of peers in the past year. Hong Kong-based Jie sold some of her holdings in Alibaba Group Holding Ltd. and… Source link
Read More »Investors should literally 'go away in May' this year: NYSE trader – Yahoo Finance
TipRanks 2 “Strong Buy” Stocks Around $10 With Triple-Digit Upside Potential The S&P 500 rose to another record high on Friday, and at least one strategist believes we’re at the start of a new bull market. Writing from LPL Financial, chief market strategist Ryan Detrick noted several market-historical points that indicate sustained gains are in the offing. Key among his points are the first quarter returns and the breadth of the current stock rally. On returns, Detrick highlights that… Source link
Read More »Investor on why bitcoin is ‘literally the biggest story I’ve seen,’ may hit $1M and top gold’s market cap
Influential investor Raoul Pal says the best trade he’s ever found is bitcoin (BTC-USD), which he’s described as “a call option on the future” and “the world’s most pristine reserve asset.” In a recent interview on Yahoo Finance, Pal said that the central banks move toward digital currencies is “literally the biggest story” in his career. Investors like Pal don’t want to compete against central banks, but aim to create “a digital world,” Pal said, underscoring that despite big… Source link
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