Josh Giddey capped a wild game-ending sequence with a half-court shot at the buzzer to give the Chicago Bulls a 119-117 victory over the Los Angeles Lakers on Thursday night.The craziness began with the Bulls trailing 115-110. Patrick Williams hit a 3-pointer with 9.8 seconds left to narrow the deficit to two. A sloppy inbound pass from LeBron James was then stolen by Giddey. He got the ball to Coby White, whose 3 gave Chicago a one-point lead with 6.1 seconds left.Following a timeout, Austin Reaves hit a driving layup to put the Lakers back on top by one with…
Author: usaeverydaylife
A 7.7-magnitude earthquake struck central Myanmar on Friday, sending shock waves across Southeast Asia and leaving a trail of death and destruction.The military junta in Myanmar said that 144 people had died and 732 had been injured. The death toll there is expected to rise, with many injured arriving at hospitals in the country’s second-largest city, Mandalay.The earthquake collapsed a skyscraper under construction in Bangkok, killing at least seven people and leaving dozens missing. It also shook buildings in China and rattled bridges and homes as far away as Vietnam.Myanmar is in the throes of a civil war that has…
Check out the companies making headlines in midday trading. Rocket Lab — Stock in the aerospace manufacturer gained 3% after the U.S. Space Force listed the company as one of the firms entered in its pool of launch providers. Braze — Stock in the cloud software company added 6% after beating analyst estimates in the fourth quarter on the top and bottom line. Braze reported adjusted earnings of 12 cents per share, while analysts surveyed by FactSet were looking for 5 cents. Revenue of $160.4 million also beat the $155.7 million forecast from analysts. Lululemon — Shares of the athleticwear…
Software stocks could be a good hedge for investors looking for some stability against an increasingly volatile macroeconomic backdrop and unstable market, according to HSBC. Mounting uncertainty around President Donald Trump’s tariff rollouts and fears of a weaker economy have rattled markets for the past five weeks, sending all three major averages down for the year. Many companies with more operations overseas and higher imported inputs have cut the financial guidance they give Wall Street, further shaking investors’ confidence in the profit outlook. While London-based HSBC sees the macroeconomy taking a hit, the bank doesn’t expect a U.S. recession. “HSBC…
CoreWeave CEO Mike Intrator said Friday that the company’s IPO pricing, which came in below expectations, has to be placed in the larger context of the macroenvironment.”There’s a lot of headwinds in the macro,” Intrator said on CNBC’s Squawk Box. “And we definitely had to scale or rightsize the transaction for where the buying interest was.”The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, priced its IPO at $40 a share, below the initial $47 to $55 per share filing. The stock will begin trading on the Nasdaq under the symbol “CRWV.”The lower price provided…
More than 1,000 Division I men’s basketball players have entered the transfer portal since it opened on March 24. That’s a lot of names and faces to learn as college basketball’s roster management busy season increasingly resembles NBA free agency. This is where The Athletic’s transfer portal rankings come in.The rankings are a living document we will continue to expand and update as more players hit the portal. Some notes to keep in mind: First, positional scarcity is taken into account. The easiest type of player to find in the portal is a scoring guard; the hardest types are versatile…
Crypto markets have been volatile since U.S. President Trump was elected in November 2024. His pro-crypto promises prompted bitcoin to record highs, but his recent “America First” policies have rattled markets, including crypto.At CNBC’s CONVERGE LIVE event in Singapore, Arjun Kharpal spoke with Binance’s CEO Richard Teng and HashKey Capital’s CEO Chao Deng about the future of the crypto industry.”The more people learn about crypto as a journey, the more they understand all the important utility and use cases,” Teng told CNBC at CONVERGE LIVE.”Crypto is instantaneous, you receive your funds at a fraction of the cost of what traditional…
March Madness (in markets) is hopefully coming to an end. Investors have endured the worst performing months in quite some time as the Magnificent Seven was acutely repriced. I believe April presents an opportunity to own technology after the leading sector recently dipped into correction territory. I want to use the Technology Select Sector SPDR Fund (XLK) to produce an income stream as I have optimism on a rebound in tech. .MAG7 3M mountain CNBC Mag-7 Index 3-mo chart Several factors have contributed to the revaluation of the Mag 7. Tariffs were generally pointed to as the catalyst for the…
The promised date for the White House’s so-called reciprocal tariffs is no longer far off in the future. The Trump administration is expected to announce a wide-ranging tariff plan on April 2. While many of the tariffs announced so far have been pitched as temporary and aimed at specific countries, Trump has said the new reciprocal levies will be permanent and more widespread. That could lead to a larger economic impact for investors. “The work from our economists suggests the growth impact of 60% tariffs on 75% of Chinese imports to the U.S. and 10% tariffs on [rest of world]…
(L-R) Greenland politician Aqqalu Jerimiassen, Jens-Frederik Nielsen the leader of the Demokraatit party, the Prime Minister of Greenland Múte Bourup Egede and Vivian Motzfeldt of the Siumut party attend the announcement of a coalition agreement to form the next government, on March 28, 2025 in Nuuk, Greenland.Leon Neal | Getty Images News | Getty ImagesGreenland presented a new government coalition agreement on Friday, just hours before a visit by U.S. Vice President JD Vance to the Arctic island that President Donald Trump has expressed interest in acquiring.The new majority government will be headed by Democrats leader Jens-Frederik Nielsen, who had…
