The New York Knicks and wing RJ Barrett are finalizing a four-year extension to his rookie contract that could be worth up to $120 million, ESPN’s Adrian Wojnarowski reports, citing Barrett’s agent Bill Duffy. The Knicks have reportedly been in pursuit of Donovan Mitchell, but team president Leon Rose set a Monday deadline to trade for the Utah Jazz guard or sign Barrett to an extension, according to Wojnarowski. Per the report, the Knicks and Jazz failed to reach agreement on trade details… Source link
Read More »Why Bed Bath & Beyond is only worth $1, according to an analyst
Bed Bath & Beyond has entered the retail death spiral that pulled once-proud retail chains such as Sears and Circuit City into the grave, according to one analyst. In a new note to clients on Friday, Loop Capital analyst and vocal Bed Bath & Beyond critic Anthony Chukumba reiterated a sell rating and $1 price target on the stock. Shares rose 20% as of 1:10 p.m. ET in Friday’s session on continued speculation that Bed Bath & Beyond is nearing a capital raise to bolster its dwindling cash… Source link
Read More »Trump to be deposed over real estate practices, his net worth could be key topic
President Donald Trump will be deposed today as part of the New York attorney general’s civil investigation into his business practices after he spent months trying to delay the questioning, according to multiple news reports. Trump posted about the deposition on his social media site, Truth Social. “Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history!” he wrote. That office is looking into whether Trump and his children lied about the… Source link
Read More »Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state
Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state Bill Gates made his fortune in tech, but he’s now betting big on something completely different: farmland. Last week, Gates secured the legal approval for purchasing 2,100 acres of farmland from northeastern North Dakota potato growers Campbell Farms. Of course, this isn’t first time Gates has invested in the asset class. Having amassed… Source link
Read More »Nextdoor Holdings: Is This Social Commerce Stock Worth … – TipRanks
[unable to retrieve full-text content]Nextdoor Holdings: Is This Social Commerce Stock Worth … TipRanks Source link
Read More »Is This Social Commerce Stock Worth Considering?
Headquartered in San Francisco, Nextdoor Holdings (KIND) uses technology to connect neighbors with each other and with local businesses. I am bullish on the stock. At the crossroads of e-commerce and social media is a phenomenon known as social commerce, where people and businesses connect digitally and purchases are based on trust instead of just relentless advertising. It’s an intriguing concept in a post-COVID-19 world as lockdowns are lifted and social interaction is permitted and… Source link
Read More »Robinhood’s Stock Is Now Worth Less Than Its Cash on Hand
(Bloomberg) — Robinhood Markets Inc. shares slumped to a fresh low on Wednesday, giving the beleaguered brokerage a market value that’s less than the cash on its balance sheet. Most Read from Bloomberg After posting more than $3 billion of losses since its initial public offering in late July, Robinhood’s shares have plunged more than 80%, cutting its market capitalization to as low as $5.99 billion. The firm had $6.19 billion of cash and cash equivalents at the end of the first… Source link
Read More »MLB relievers worth adding with saves upside
The following relievers are widely available in Yahoo Fantasy Baseball formats and may be worth grabbing for those searching for saves. Houck picked up two saves over the weekend and looks like Boston’s new main closer, so we’re including him here even though he’s just over the typical 50% rostered threshold. He may be eased into working back-to-back days, but Houck is a first-round pick who’s allowed just one run over 19.0 innings (with 18 Ks and a 0.89 WHIP) since moving to the bullpen… Source link
Read More »I quit my job as a Netflix engineer making $450,000 a year. The money wasn’t worth the boredom.
Michael Lin began to find his engineering role repetitive and wanted to pivot to product management.Michael Lin Michael Lin joined Netflix in 2017 as a senior software engineer. At first, he enjoyed his role. After two years, Lin wanted to go into product management but found no clear pipeline to follow. He lost motivation and eventually received his preemptive severance package in May 2021. I started working at Netflix as a senior software engineer in 2017 after leaving my job at Amazon. I was… Source link
Read More »Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails
Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails Warren Buffett isn’t known for being a technology investor. In his 2014 letter to shareholders, Buffett wrote that he prefers “simple businesses” and added that “if there’s lots of technology, we won’t understand it.” But in recent years, the Oracle of Omaha has warmed up a bit to the tech space. His holding company Berkshire Hathaway started buying Apple in 2016. Now… Source link
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