Tag Archives: unprecedented

NBA All-Star Weekend: Stephen Curry wins unprecedented 3-point contest against Sabrina Ionescu

NBA All-Star Weekend: Stephen Curry wins unprecedented 3-point contest against Sabrina Ionescu

Stephen Curry and Sabrina Ionescu might have signed up for a win-win situation when they agreed to go head-to-head in an unprecedented 3-point shootout, but someone had to lose. Curry made sure he came out with the victory on All-Star Saturday night, scoring 29 points. Ionescu, 26, didn’t want to shoot from the women’s 3-point line of 20 feet, 6 inches. Instead, she leveled the playing field and shot from the NBA line of 23 feet, 9 inches. Naturally, she did shoot a WNBA ball. Fans were… Source link

Read More »

Musk’s Twitter faces ‘unprecedented’ rise in competitors: MIT’s Sinan Aral

Musk’s Twitter faces ‘unprecedented’ rise in competitors: MIT’s Sinan Aral

Elon Musk’s Twitter is facing a litany of challenges ranging from winning back advertisers who ditched the service to ensuring it can abide by a Federal Trade Commission (FTC) agreement to protect users’ privacy. And according to at least one expert, the negative attention is helping spur growth at competing platforms. “We see an unprecedented rise in competitors to Twitter,” MIT Sloan School of Management Professor Sinan Aral told Yahoo Finance Live. “We have seen an unprecedented… Source link

Read More »

Goldman’s Waldron Warns of Unprecedented Economic Shocks, Echoing Dimon

Goldman’s Waldron Warns of Unprecedented Economic Shocks, Echoing Dimon

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. Most Read from Bloomberg “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference Thursday. “The confluence of the number of shocks to the system to me is unprecedented.” Waldron’s comments echoed the… Source link

Read More »

JPMorgan CEO warns of “unprecedented” economic risks ahead from Russia-Ukraine war

Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to come. Dimon warned in his closely-read annual letter to shareholders on Monday that Russia’s ongoing invasion of Ukraine is expected to meaningfully slow the U.S. and global economy. JPMorgan economists predict consequences from the war and resulting sanctions against Russia will reduce the… Source link

Read More »

Supply chain issues causing ‘unprecedented’ non-recession inventory slump: JPM

The current national bout of low inventory represents an “unprecedented non-recessionary inventory collapse” for the last 20 years, a new report by JPMorgan found. “While non-manufacturing activity is now tracking a strong and steady recovery, the goods-producing sector has been buffeted by supply constraints alongside continued boomy gains in final demand,” the report noted. “The result has been a slump in inventories that, over the past two decades at least, looks to be unprecedented… Source link

Read More »

For the first time, there’s an ‘unprecedented interest from the C-suite’ in mental health

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

Read More »

Tesla Size Poses Unprecedented Challenges for S&P 500 Entry

(Bloomberg) — It may take a bit of innovation to get Tesla Inc. shares into the world’s most-influential stock index. At almost $390 billion in value and growing, Elon Musk’s company would be the biggest ever added to the benchmark. Pushing it all in at once would force index-tracking funds into serious contortions — they’d need to sell upwards of $40 billion of stock in other constituents to make room. As a result, the index’s overseer, S&P Dow Jones Indices, is considering doing… Source link

Read More »

Trump floats unprecedented idea of delaying election, which he cannot do

President Trump on Thursday suggested the implausible scenario of delaying the 2020 election, which would take an act of Congress.  Trump raised the audacious idea while continuing his all-out campaign against mail-in voting. He sought to contrast mail-in voting with “good” absentee voting, even though they are the same thing in most states.   “With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history,”… Source link

Read More »