Tag Archives: potential

Apple Inc. will let the social-media app Parler back on the App Store after an almost four-month absence, the iPhone maker told U.S. lawmakers ahead of a congressional antitrust hearing later this week. The Cupertino, California-based technology giant made the disclosure in a letter to Senator Mike Lee, a Republican from Utah, and Representative Ken Buck, a Republican from Colorado. The social media app, a favorite of conservatives who have left Twitter Inc., was removed from the App Store in… Source link

Joining the “ETF Report” with host Alexis Christoforous on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, was on hand to talk about where the record amount of ETF flows has been heading over the past couple of quarters, in addition to China’s recent tech stock decline, and the potential for infrastructure. Finishing the first quarter of 2021 with close to $240 billion in new assets, Lydon explains how that puts the market on pace for a trillion-dollar year in ETFs, which would be… Source link

What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real profits realized by the Big Tech giants, and the high savings rate of US… Source link

Les Miles is out at Kansas following the release of Husch Blackwell’s report, an investigation into how LSU handled allegations of sexual and domestic assault in previous years. Kansas Director of Athletics Jeff Long announced the decision in an official statement Monday night as the two sides agreed to mutually part ways after two seasons. Miles was placed on administrative leave earlier this month by Kansas after the former Tigers coach allegedly texted female students during his time… Source link

It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team does not believe that inflation is the great bugaboo it’s made out to… Source link

The University of Kansas placed coach Les Miles on administrative leave on Friday night, the first step in a departure that appears inevitable. A series of untoward allegations arose against Miles during his time coaching at LSU, which include unwelcome advances to multiple student employees and ignoring his athletic director’s orders to not contact student workers. Miles is 3-18 in two seasons at Kansas and the allegations against him leave no clear path to returning to the sideline. Miles… Source link

Bloomberg Dangers of Big Oil Spending Cuts Are Visible in Angola’s Slump (Bloomberg) — The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry investment.The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment in response to a plunge in crude prices. Despite government efforts to stimulate… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

Peter King guesses J.J. Watt won’t end up in Washington originally appeared on NBC Sports Washington When J.J. Watt and the Houston Texans mutually agreed to part ways after 10 years, everyone started taking their shots at where the three-time NFL Defensive Player of the Year would land next season, including Peter King in his weekly Football Morning in America column.  “If I had to guess the teams that would be most interested, I’d say Buffalo, Cleveland, Kansas City, Tennessee,… Source link

By nearly every measurable metric, 2020 was the worst year on record for basically anyone who isn’t an immortal. Between COVID’s impact on the lives of far too many people, to the economic fallout inherent when you have zero federal oversight or assistance (I’m not pushing my political beliefs, rather parroting the reality of a situation in which hospitals and states had to compete with one another for life saving equipment), to the even more unshakeable and annoying virus… Source link