There are so many games over the course of a college football weekend that some slip through the cracks and others require further examination the next day. Before we turn the page to Week 10, here’s a closer look at some of the most interesting outcomes of Week 9. Kentucky’s loss to Tennessee on Saturday was miserable for the Wildcats. The UK offense couldn’t do anything and the offense’s 205 yards highlighted an alarming trend in big games. Kentucky QB Will Levis has been hailed by… Source link
Read More »Stock stumbles for retail and tech are part of the same economic story
The tail end of first quarter earnings season has brought two clear investor desires — more cash and less inventory — to the fore. Tech companies are scrambling to gather the former while retailers are stuck with too much of the latter. And in their own way, each industry is telling the market that a paradigm shift brought on during the pandemic has turned into a passing phase of this economic cycle. Dick’s Sporting Goods (DKS) became the latest retailer to report bloated inventories on… Source link
Read More »Psychedelic drugmaker MindMed stumbles in Nasdaq debut, CEO says ‘still very early innings’
MindMed’s (MNMD) Nasdaq debut Tuesday made it the second psychedelic drug developer to be listed on a major U.S. stock exchange. UK-based Compass Pathways (CMPS) went public on the Nasdaq in September, while last week Peter Thiel-backed ATAI Life Sciences filed for an IPO. Just a year ago, New York-based MindMed was a penny stock on the over-the-counter market. Shares fell 29% in their first day of trading on the Nasdaq, but that’s after they ran up 65% Friday and 33% Monday on the OTCQB… Source link
Read More »‘The virus is winning’ amid early COVID-19 vaccine rollout stumbles
About 19.1 million coronavirus vaccine doses have been administered in the U.S. out of the nearly 40 million distributed as the new Biden administration ramps up inoculation efforts. Dr. Steven McDonald, a New York-based emergency medicine physician, described the current situation as a battle between the vaccine rollout and coronavirus continuing to spread throughout the population. “It’s difficult to say which of these forces is going to win out more quickly,” McDonald said on Yahoo… Source link
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