Amazon (AMZN) bulls may finally have a reason to smile — just like the company’s logo suggests — after a relatively ugly winter, according to a recent Bank of America (BAC) Global Research report. “We continue to rate Amazon as our top FANG and large-cap Internet stock for 2022,” Bank of America analyst Justin Post wrote in his report. “Amazon’s profit outlook is improving as the COVID impact on labor and supply chain subsides.” Amazon pushed markets up on Friday, and was the… Source link
Read More »Meta stock is ‘probably dead money’ in the short term, says top tech analyst
Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link
Read More »First look at the top 10 Super Bowl LVI props at BetMGM
Bettors have 12 days to chew on some Super Bowl LVI props. BetMGM didn’t waste time in releasing a big batch of player props for the championship game between the Cincinnati Bengals and Los Angeles Rams. More will be added as the game gets closer, but it’s worth a first look at 10 props that everyone will be curious about: We’ll just throw some words about this prop in with … … because most seasons, the most-bet prop for the Super Bowl is a quarterback scoring the first touchdown. Two… Source link
Read More »Exclusive-U.S. diabetes deaths top 100,000 for second straight year, federal panel urges new strategy
By Chad Terhune and Robin Respaut (Reuters) – More than 100,000 Americans died from diabetes in 2021, marking the second consecutive year for that grim milestone and spurring a call for a federal mobilization similar to the fight against HIV/AIDS. The new figures come as an expert panel urges Congress to overhaul diabetes care and prevention, including recommendations to move beyond a reliance on medical interventions alone. A report released earlier this month calls for far… Source link
Read More »Tesla rival Rivian’s stock could skyrocket at least 160%, says top analyst
Rivian’s stock has an electric amount of upside potential. At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas. The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link
Read More »Breezy Johnson, top U.S. skier, withdraws with injury
Breezy Johnson was an Olympic medal favorite in the women’s downhill. (Photo by JURE MAKOVEC/AFP via Getty Images) Breezy Johnson’s journey to the 2022 Olympics began with a ruptured ACL, continued with more torn ligaments and a pandemic, and brought the bubbly American skiing star “some of the lowest points of my career and life.” But, she said, “also some of the biggest highs.” As the Games neared, Johnson began accelerating down European mountains, faster than she ever had before. She… Source link
Read More »Google launches fresh appeal to overturn $2.8 bln fine at top EU court
Jan 20 (Reuters) – Google is filing an appeal at the European Union’s top court against an earlier decision to uphold a $2.8 billion antitrust fine, a spokesperson for the Alphabet (GOOGL.O) unit said late on Thursday, the company’s second bid to overturn the penalty. EU Competition Commissioner Margrethe Vestager fined the world’s most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European rivals. The… Source link
Read More »Warren Buffett says these are the very best businesses to own — with so much uncertainty in the market, stick to this trio of top stocks
Warren Buffett says these are the very best businesses to own — with so much uncertainty in the market, stick to this trio of top stocks Never forget the basics. While we’re constantly bombarded with confusing investment mumbo jumbo, we should never forget that companies largely exist for one main reason: to take capital from investors and earn a return on it. That’s why it makes sense for investors to look for businesses, with durable competitive advantages, that are able to consistently… Source link
Read More »Biden picks Sarah Bloom Raskin for top Fed regulator role, Cook and Jefferson for governors
The Biden administration will announce three nominees for top jobs at the nation’s central bank, naming Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to fill spots on the Federal Reserve’s Board of Governors, according to a source familiar with the matter. The official announcement could be made as soon as Friday. Raskin has specifically been tapped to steer the Fed’s policies on bank regulations as Fed vice chair of supervision, according to a person familiar with the matter. The… Source link
Read More »Early top 25 rankings for 2022 season
Now that the 2021 college football season is over, it’s already time to start looking ahead to 2022. We’ll have a better idea of what teams will look like over the next few weeks as players declare for the NFL draft before the Jan. 17 early-entry deadline and coaches add transfers before shoring up their recruiting classes in February. But it’s not too early to make our first guess at what the top 25 will look like ahead of the 2022 season. As always, this is simply a first look. Things are… Source link
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