Tag Archives: weird

The weird correlation between the Super Bowl and the stock market

A good day for the offenses in this year’s Super Bowl could mean a good year for the stock market is in store, according to new data from S&P Global Market Intelligence. Super Bowls in which the final combined score was higher than 45 points, the stock market returns 15.9% on average, while returns average only 8.2% when the combined score is 45 or less. Before you go and fire your financial advisor and replace them with a subscription to ESPN+, you should know that the dataset is somewhat… Source link

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Why Paypal buying Pinterest isn’t really that weird

Huh?! That was the general first hot take on the news that crossed the wires Wednesday afternoon that PayPal was exploring a deal to buy Pinterest. It was a logical initial reaction as PayPal is a payments platform that happens to own Venmo and is dabbling in crypto. And Pinterest lets you lay out your dream meal on a digital vision board.  But now that the news has sunk in, some on Wall Street are starting to see some merit to the deal even if it took 10 hours.  “We see technology companies… Source link

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Google’s rumored Pixel 6 Tensor processor sounds extremely weird

Google is set to debut its first in-house smartphone chipset, the Tensor SoC, in its upcoming Pixel 6 and Pixel 6 Pro phones. And if the latest report from XDA is correct, the Tensor’s rumored CPU setup could be very, very weird — even by Google standards. So far, Google has largely been hyping up the Tensor SoC’s AI performance; but it hasn’t revealed any information on the basic CPU and GPU specs of the chip. Google’s Rick Osterloh would only tell The Verge that “the standard… Source link

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Javy Baez bamboozles Pirates during all-time weird play

It’s cliché to say Chicago Cubs shortstop Javier Baez is magic. His nickname is literally “El Mago” — the magician. But after seeing what Baez pulled off against the Pittsburgh Pirates on Thursday, you’re going to wonder if Baez is actually a wizard. It’s pointless to try and explain the wacky play first, so take a look at what happened and try to comprehend how Baez got away with it.  With a runner on second, Baez hits a ball to Pirates third baseman Erik Gonzalez. The ball is fielded… Source link

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Stocks are being weird: Morning Brief

Monday, February 8, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Companies are smashing expectations, but investors are selling the news “Buy the rumor, sell the news,” is an old saying in the markets. Simply put, you make a trade assuming some future outcome, and when that outcome is confirmed you close out your trade. According to the numbers during this earnings season, it looks like the “rumor” was that companies would smash… Source link

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Will the SEC sue GameStop traders? The case could pose a ‘super weird’ challenge

Traders who gobbled up GameStop (GME) stock in the Reddit-user-fueled push to squeeze short sellers could end up on the defending side of enforcement action if officials can find out who they are and show they tried to manipulate or deceive the markets. Indeed, Fox Business Network’s Charlie Gasparino tweeted on Thursday that regulatory sources were telling him they would be looking at a market manipulation case related to GameStop trading. However, a successful case against those who caused… Source link

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