Business
Investing Club: Goldman Sachs cut its earnings estimates on Ford — here’s what we think
We’re keeping our 1 rating on Ford shares, despite Goldman Sachs cutting its EPS targets for 2022 and lowering its price target. Source
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Formula 1’s first race of the 2022 season was ESPN’s most-viewed since 1995
Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – March 20, 2022 General view during the race. Thaier Al-sudani | Reuters Formula 1’s 2022 Bahrain Grand Prix lured more than 1 million U.S. viewers for Sunday’s season-opener —making it the most-viewed F1 race on ESPN since 1995. ESPN said the […]
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Vikings owner Mark Wilf went to the Poland-Ukraine border to help refugees – here’s what he saw
With the NFL’s annual meetings set for this weekend, Minnesota Vikings co-owner Mark Wilf has more on his mind than just football. Last week, he brought a humanitarian group to the Poland-Ukraine board to help with relief efforts as Ukrainian refugees flee Russia’s invasion. The trip was carried out under the Jewish Federations of North […]
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Inflation is spiking the cost of pet parenthood yet owners are still splurging on care
Halfpoint Images | Moment | Getty Images Pet parenthood is getting more expensive, but many owners are still willing to splurge, according to a report from Rover, an online pet marketplace. Rising costs and inflation are a growing concern for Americans, affecting everyday expenses like groceries, gasoline and housing. Pet parents are also feeling the […]
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Stocks like ConocoPhillips and Wells Fargo should be the big winners as rates rise, history shows
As bond yields surge to multi-year highs, a CNBC Pro screen surfaces companies that outperformed during similar increases in the past. Source
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Rocket builder Firefly aiming for second launch attempt in May, raises $75 million
The company’s inaugural Alpha rocket launches from Vandenberg Space Force Base in California on Sept. 2, 2021. Firefly Aerospace WASHINGTON – Firefly Aerospace aims to make its second attempt to reach orbit with its Alpha rocket in the coming weeks, having received government approval to resume launch operations after a controversial investor sold his stake. […]
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The NFL will now let teams seek limited blockchain sponsorships, but cryptocurrency promotion remains banned
A football with the NFL logo Jacob Kupferman | Getty Images The National Football League, in a memo issued Tuesday, granted teams limited permission to seek blockchain sponsorships, a partial reversal from late last summer, as the technology grows in popularity among the organization’s fans and athletes. The league said it made the decision to […]
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Retail investors just posted the longest streak of buying bank stocks since 2008, BofA says
Analysts cited the “surprising positive flow signal” as support for a broader thesis that investors should plow funds into banks and other financial players. Source
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Maverick Ventures’ Ambar Bhattacharyya on the future of health care
Ambar Bhattacharyya, managing director at Maverick Ventures Maverick Ventures Ambar Bhattacharyya is managing director at Maverick Ventures, a $400 million venture capital fund based in San Francisco which invests in health start-ups. His health-care portfolio firms include six IPOs and four unicorns (start-ups valued at $1 billion or more). Bhattacharyya — who currently sits on […]
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Nike trimmed sales declines in this key region, and analysts see it as a bullish sign
Wall Street analysts paid close attention to Nike’s geographic sales breakdown in the company’s third-quarter report. Source
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