LAS VEGAS — Among the many buzzwords Becky Hammon has used during her three-year run as head coach of the Las Vegas Aces, perhaps her favorite is “habits.”Success relies on building habits.“You don’t get to flip a switch,” Hammon said. “It’s the beautiful thing about sports, actually. The work and the commitment and the buy-in and the play-hard and want-to and the will, will always show up in the end.”The Aces simply didn’t have the right habits in 2024. Their defense, which led the league in 2023, was fifth (100.3 points per 100 possessions) at the All-Star break. Their shooting…
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Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, according to one analyst. The crypto exchange operator said Friday it will delist stablecoins in Europe that are not compliant with requirements of the Markets in Crypto-Assets regulation, the celebrated European Union crypto law that will fully take effect Dec. 30. “As the industry leader in trusted, compliant crypto products and services, we always aim to achieve regulatory compliance and will continue the same with respect to MiCA,” a Coinbase spokesperson said in a statement shared with CNBC. “We will share further details of our plan…
Campbell Soup could be poised to benefit from an uptick in GLP-1 drug usage, according to Bernstein. The new class of diabetes and obesity medications such as Novo Nordisk’s Ozempic and Wegovy and Eli Lilly’s Mounjaro and Zepbound dampen a patient’s appetite. With many who take these drugs reporting that they’re tending to eat more protein-rich foods like soup and less sweets, Bernstein upgraded its rating on the food company to outperform from market perform and raised its price target by $3 to $58, implying more than 22% upside from Friday’s close. “Having been rather out of favor for many…
A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. They highlight both a problem and an opportunity for regular investors. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. Meanwhile, analysts at Wells Fargo downgraded Amazon to equal weight (hold) and cut their price target to $183 from $225. The issue with both calls is that they’re aimed at short-term traders and hedge funds, not longer-term investors. Neither report calls into question the underlying fundamentals of these businesses or…
Manchester City and the Premier League are both claiming victories after a ruling regarding the league’s Associated Party Transaction (APT) regulations was published.The ruling states that the Premier League’s APT rules and amendments, which were introduced in December 2021 and February of this year respectively, are “unlawful” and in breach of UK competition law as they deliberately exclude shareholder loans — when a club borrows money from its ownership group, usually interest-free.This case is separate from City’s defence of more than 100 charges against them for allegedly breaching the Premier League’s profitability and sustainability rules (PSR), which they deny.In this…
new video loaded: Why Israel’s Hostage Families Are Turning on Their GovernmenttranscriptBacktranscriptWhy Israel’s Hostage Families Are Turning on Their GovernmentFamily members of hostages held in Gaza are escalating their tactics to push for a cease-fire deal. They say the government is dragging out the war in Gaza for political reasons, and putting their family members’ lives at risk.These family members of hostages held in Gaza have stepped up their protests, like this one blocking a road in Tel Aviv. One year ago, much of Israel rallied behind them. Now, they have become polarizing figures. Einav Zangauker was a longtime supporter…
krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn.Such frauds occur when scammers use dating apps, social media platforms, professional networking sites or encrypted messaging apps to pose as a romantic interest, old friend, investment professional or other acquaintance.Fraudsters gain the trust of targets over time. At some point, they broach the idea of investing in crypto — and then defraud victims via fake investments.More from Personal Finance:How to avoid the top scam of 2023FBI: ‘Financial sextortion’ of…
Investors looking to lower their tax bill may want to take advantage of a tried-and-true strategy that involves selling the year’s losing names. Tax-loss harvesting is a common year-end method used by investors and money managers to minimize taxes. The practice involves selling off losing positions to offset taxes on realized capital gains incurred on winning investments. To find the names worth selling, CNBC Pro used its stock screening tool to hunt for names with a market cap exceeding $1 billion. These stocks also have year-to-date losses. Average trading volume for each of the names exceeds 500,000 shares, and their…
Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles, on June 12, 2019.Kyle Grillot | Bloomberg | Getty ImagesA U.S. judge issued a permanent injunction on Monday that will force Google to offer alternatives to its Google Play store for downloading apps on Android phones.Google will also be restricted from paying fees or sharing revenue with companies in exchange for them choosing not to compete with Google’s app store. Alphabet stock took a leg lower on the news and was down over 2% Monday.Epic Games prevailed over Google late last…
LANDOVER, Md. — It’s the first week of October and the Browns’ season has ended before the Guardians season.At 1-4, this is it. It feels like it’s already over, long before the leaves change, before the bye week, before a pumpkin is carved, before the NBA season begins and before the Guardians’ baseball fate has been determined.Even by Browns standards, this is awfully early for an obituary.Yet here is where they were laid to rest, a lousy team buried 34-13 in a lousy stadium 12 miles outside of the nation’s capital.GO DEEPERJayden Daniels shines as Commanders beat Browns 34-13: TakeawaysThere are…
