Shark Tank star and O’Shares Investment Advisers Chairman Kevin O’Leary predicts that one day blockchain and cryptocurrency will represent the 12th sector of the S&P 500 and is “very confident” sensible government crypto regulation will happen before mass adoption. “The pace and acceleration of policy proposals coming out of bipartisan Senate committees and the Hill has never been greater” Kevin O’Leary said on Yahoo Finance Live “We’ve got the Lummis bill. We have the Haggerty… Source link
Read More »Block Shares Surge on Rosy Outlook for Rest of Year
(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link
Read More »Block Shares Surge on Rosy Outlook for Rest of Year
(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link
Read More »Michigan will suspend Juwan Howard for rest of regular season
One day after Michigan men’s basketball coach Juwan Howard sparked a brawl by striking an opposing coach in the handshake line, the university sent a message that such behavior won’t be tolerated. Michigan will suspend Howard for the final five games of the regular season, a source told Yahoo Sports’ Dan Wetzel. While Howard’s penalty is by far the most severe, Wetzel reports that the Michigan coach isn’t the only participant in Sunday’s incident facing punishment. The Big Ten is suspending… Source link
Read More »Heat concerned Markieff Morris may miss rest of season
If you asked Miami Heat forward Markieff Morris, he’d be out there playing. The team, however, has yet to clear him from the “whiplash” he suffered after being shoved by Denver Nuggets star Nikola Jokic in November. That injury, according to the Miami Herald, may end up keeping him out for the rest of season. Jokic was ejected from their Nov. 8 game in Denver after running up and shoving Morris hard from behind near mid-court. The shove came after Morris had body checked Jokic and… Source link
Read More »Jaguars reportedly don't want to pay the rest of Urban Meyer's contract after firing him for cause – Yahoo Sports
The Jacksonville Jaguars have no intention of paying Urban Meyer another dime. The team reportedly fired Meyer for cause, suggesting they don’t want to pay out the rest of Meyer’s contract, according to Adam Schefter and Jeff Darlington of ESPN. The Jaguars fired Meyer on Wednesday after just 13 games. Meyer’s tenure with the franchise was mired by various embarrassing gaffes, the last of which involved allegations Meyer kicked his kicker. There wasn’t one specific instance that led to the… Source link
Read More »Chase Young to miss rest of 2021 season with torn ACL
Washington Football Team star Chase Young will miss the rest of the season with a torn ACL, head coach Ron Rivera revealed Monday. Young sustained the injury during the team’s stunning upset win over the Tampa Bay Buccaneers on Sunday. The injury occurred in the second quarter, as Young attempted to rush Tom Brady. Young was turned away by offensive lineman Donovan Smith, and fell to the ground in pain. Young was helped off the field with assistance from teammates and trainers. He was ruled… Source link
Read More »If you’re worried about a stock market correction, Jim Cramer just mentioned 5 ‘borderline unstoppable’ megatrends for the rest of 2021
If you’re worried about a stock market correction, Jim Cramer just mentioned 5 ‘borderline unstoppable’ megatrends for the rest of 2021 Thanks to stretched valuations and rising interest rates, many Wall Street strategists expect significant stock market corrections on the horizon. But CNBC’s Jim Cramer believes there are still plenty of buying opportunities available — even over the very short term. The host of Mad Money explained that this is the time of year when institutional money… Source link
Read More »Disney to release rest of 2021 slate exclusively in theaters — but it won’t be the end of streaming-first strategy
In a surprise twist, Disney (DIS) updated its 2021 release schedule, choosing to release the rest of its jam-packed slate exclusively in theaters before the films become available on Disney+. “Following the tremendous box office success of our summer films, which included five of the top eight domestic releases of the year, we are excited to update our theatrical plans for the remainder of 2021,” Kareem Daniel, Disney media and entertainment distribution chairperson, said in a news… Source link
Read More »More than 11,000 Wuhan students poured into a stadium for their graduation ceremony sans masks or social distancing, even as the rest of Asia grapples with COVID lockdowns
More than 11,000 students and 3,000 proud parents turned up unmasked at a stadium in Wuhan, China, for a graduation ceremony. Stringer/Reuters China Thousands of students and their parents attended a graduation ceremony at a stadium in Wuhan, China. The grads in the coronavirus pandemic’s first epicenter weren’t wearing masks or social distancing. This is because China has reported fewer than 20 cases a day across its 23 provinces. Visit Insider’s homepage for more stories. For several thousand… Source link
Read More »