The biggest loser of Tom Brady‘s unretirement (outside of the NFC South) is no longer the person who won the ball from his “last” touchdown pass at auction hours before news broke the quarterback was returning. A settlement has been reached to void last month’s $518,000 sale of Brady’s ball at auction, according to The Action Network’s Darren Rovell. The ball was available after Tampa Bay Buccaneers wide receiver Mike Evans threw it into the stands in what appeared to be Brady’s final game, a… Source link
Read More »Tesla’s Cybertruck will go on sale in 2023, says Elon Musk
Tesla will finally start selling the Cybertruck next year, Elon Musk has announced at the opening party for the company’s Giga Texas factory. During his presentation on stage, Musk showed off the production Cybertruck vehicle, which still looks like the previous versions, except its doors no longer have handles. The car will be able to tell that you’re there and will know that it’s supposed to open the doors. He also apologized for the delay on releasing the Cybertruck that was first Source link
Read More »U.S. stocks are ‘on sale right now:’ strategist
Amid a turbulent market environment characterized by surging inflation and geopolitical risks, the broader pullback in markets has left investors with plenty of uncertainty, with the Federal Reserve expected to announce rate hikes this week. According to John Hancock Investment Management Co-Chief Investment Strategist Emily Roland, U.S. stocks may currently be cheaper than they appear. “Higher gas prices are certainly going to take a bite out of the consumer. But the consumer is coming… Source link
Read More »Why there is a nearly 50% sale on this doughnut stock: analyst
Krispy Kreme’s (DNUT) stock should be devoured by traders headed into the company’s earnings on Feb. 22 as it’s just too darn cheap, says EvercoreISI restaurant analyst David Palmer. “Despite a volatile environment, Krispy Kreme continues to execute and move ahead with its growth plans,” Palmer said in a new research note. The veteran analyst listed several key considerations for a bull case on the stock: “The company has bold goals for points of distribution based upon detailed analysis. The… Source link
Read More »Denver Broncos are for sale
The Denver Broncos are officially for sale. The franchise released a statement from the Pat Bowlen Trust on Tuesday announcing the sale alongside a statement from team president Joe Ellis. “Whoever emerges as the new owner will certainly understand what the team means to our great fans and this community,” Ellis said, per the statement. The team hopes to have the sale completed in time to start the 2022 season. The state of the franchise’s ownership has been a source of contention since… Source link
Read More »Tesla shares sink as Twitter users back Musk’s 10% stock sale
Elon Musk owns 23% stake in Tesla. Photo: Patrick Pleul/AFP via Getty Images Tesla (TSLA) boss Elon Musk is set to sell 10% of his stock in the company, worth $21bn (£15.6bn) following a Twitter poll he ran at the weekend. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. “Do you support this?” 3.5 million twitter accounts voted 57.9% in favour of the move. Musk, who is the world’s richest man, launched the poll in… Source link
Read More »China Evergrande to raise $5 billion from property unit sale
By Tom Westbrook and Donny Kwok HONG KONG (Reuters) -Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and Hopson requested trading halts ahead of a major transaction. Once China’s top-selling developer, Evergrande is facing what could be one of the country’s largest-ever restructurings as a crackdown on debt leaves it unable to refinance $305 billion… Source link
Read More »Google Nest Audio is on sale for $80 (save 20%)
Nest Audio keeps the signature dot display of other Google smart speakers. Chris Monroe/CNET … Source link
Read More »Virgin Galactic files for $500 million stock sale, shares tumble
(Reuters) -Virgin Galactic Holdings Inc on Monday filed to sell up to $500 million in common stock, a day after the company completed its first fully crewed test flight into space with billionaire founder Richard Branson on board. Shares in Virgin Galactic reversed premarket gains of 8% to trade down nearly 12%, wiping off more than $1 billion from the company’s market capitalization following the share sale announcement. The sale would account for up to 4% of Virgin Galactic’s… Source link
Read More »There’s a ‘Clearance Sale’ on Bitcoin, but Institutions Aren’t Rushing In
At the beginning of the year, the dominant narrative permeating cryptocurrency markets was that institutions were going to add large swaths of bitcoin to their assets. Big, established investors from hedge funds to Wall Street mainstays and blue-chip companies would be quick to jump on the bandwagon. Now, as bitcoin (BTC) trades close to half of the all-time high of almost $65,000 reached in April, things are starting to look slightly different: Despite what looks like a clearance sale on… Source link
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