Shohei Ohtani recently became the first player in MLB history to his 50 home runs and steal 50 bases in the same season.Megan Briggs | Getty Images Sport | Getty ImagesMajor League Baseball’s postseason has been knocking it out of the park.The National League Championship Series’ first game between the New York Mets and Los Angeles Dodgers on Sunday averaged 8.26 million viewers across Fox Sports’ TV networks and streaming, making it the most watched LCS game on any network since 2009, according to Fox Sports.The first game of the American League Championship Series on Monday night between the New…
Author: usaeverydaylife
Avishek Das | Lightrocket | Getty ImagesThe price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the last week and ether is up about 7%. Other popular coins have also rallied, with solana up close to 10% in the past seven days and and dogecoin up 15%.The gains have made their way to crypto-pegged stocks. Digital asset exchange Coinbase climbed almost 7% on Wednesday, bringing its three-day rally to 19%. The stock is at its highest since August. Bitcoin miners Marathon…
One by one, they pull up at the St Regis Hotel in Riyadh.Jannik Sinner, Carlos Alcaraz, Rafael Nadal, Daniil Medvedev and Holger Rune have arrived — only Novak Djokovic is yet to join the biggest stars in men’s tennis in accepting flowers, taking tea and talking with Turki Alalshikh, chairman of Saudi Arabia’s General Entertainment Authority (GEA).They are the show and they are here in the Saudi capital for another. One of the richest exhibitions in tennis history, a $15million (£11.9m) bonanza the kingdom has called the ‘Six Kings Slam‘. The winner will take home $6m. Just being there earns over…
Check out the companies making headlines before the bell. Cisco Systems — The networking technology stock added nearly 2% on the heels of a Citi upgrade to buy from neutral. Citi said artificial intelligence can become a bigger part of the business over time. Novocure — Shares soared roughly 22% after the U.S. Food and Drug Administration approved Novocure’s Optune Lua wearable treatment for metastatic non-small cell lung cancer. Morgan Stanley — Shares gained more than 3% after the bank reported quarterly results before the bell that beat Wall Street’s forecasts, helped by higher-than-expected revenue from its wealth management, trading…
Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking off an initially subdued reaction. Revenue in the three months ended Sept. 30 rose 4.9% to $10.64 billion, topping estimates of $10.55 billion, according to data provider LSEG. Organic sales, which exclude Covid testing, were up 8.2% from the year-ago period. It’s unclear whether analyst estimates are comparable. Adjusted earnings per share (EPS) of $1.21 beat LSEG expectations by a penny and increased 6.14% on an annual basis. ABT YTD mountain Abbott Labs’…
Bank stocks are making a late push to be the best buy of the year for equity investors. The financial sector has outperformed in recent weeks and is now firmly one of the best performing groups. The Financial Select Sector SDPR Fund (XLF) rose again on Wednesday and is now up 26% year to date. That puts it above the SPDR fund for communication services ( XLC ) and within striking distance of the one for utilities ( XLU ). XLF YTD mountain Financial stocks are one of the best performing sectors this year. Looking under the hood, the rally…
Five of the seven swing states in the 2024 presidential election improved their overall business climates during the Biden-Harris administration, according to CNBC’s annual America’s Top States for Business study. But that does not necessarily mean the states are better off economically, in an election cycle where the economy has consistently ranked at or near the top of voters’ concerns.Since 2007, CNBC has been ranking all 50 states across ten categories of competitiveness to determine the best overall states in which to do business. Behind the rankings are dozens of metrics that offer a detailed picture of each state’s business…
Tesla and SpaceX CEO Elon Musk has rapidly become one of Donald Trump’s top political donors, and he is now emerging as one of the Republican presidential nominee’s most visible surrogates.Musk, the world’s richest man, has given nearly $75 million to America PAC, the super political action committee he created earlier this year largely to back Trump, new Federal Election Commission filings reveal. Nearly $72 million of that money has already been spent, the disclosure report shows.The group’s massive haul came entirely during the third quarter, between July and September. Musk is the only contributor listed during that period.The PAC,…
ATLANTA — NFL owners voted in favor of Las Vegas Raiders owner Mark Davis’ sale of a minority stake in the franchise at the league’s fall owners’ meetings Tuesday. Former NFL quarterback Tom Brady, former NFL defensive lineman Richard Seymour and businessman Tom Wagner, the co-founder of Knighthead Capital Management, were approved as minority owners.Davis sold about 10.5 percent of the Raiders, according to league sources, with Brady and Wagner purchasing about 5 percent each. Sports Illustrated reported Tuesday that Seymour acquired about 0.5 percent. The prices Brady, Wagner and Seymour paid for their respective shares were undisclosed.“I’m incredibly humbled…
Mixetto | E+ | Getty ImagesThe U.S. retirement system doesn’t get high marks relative to other nations.In fact, the U.S. got a C+ grade and ranked No. 29 out of 48 global pension systems in 2024, according to the annual Mercer CFA Institute Global Pension Index, released Tuesday. It analyzed both public and private sources of retirement funds, like Social Security and 401(k) plans.A similar index compiled by Natixis Investment Management puts the U.S. at No. 22 out of 44 nations this year. Its position has declined from a decade ago, when it ranked No. 18.”I think [a C+ grade]…
