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WSJ Opinion: Hits and Misses of the Week

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    WSJ Opinion: Hits and Misses of the Week WSJ Opinion: Hits and Misses of the Week 1:50
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4:07 a.m. April 9, 2021 - By Tomi Kilgore
FuboTV stock bounces sharply after acquiring exclusive rights to World Cup 2022 CONMEBOL qualifiersShares of FuboTV Inc. surged 7.9% in premarket trading Friday, to bounce off a five-month low, after the live-sports streaming service said it has acquired the exclusive live streaming rights to the Qatar World Cup 2022 qualifying matches of the South American Football Confederation (CONMEBOL). In an announcement late Thursday, the company said it will produce original programming to bolster its coverage of the World Cup qualifiers, including pre-, half-time and post-match shows. Financial terms of the deal were not disclosed. The stock had tumbled 24.2% over the past three months, to close Thursday at the lowest price since Nov. 16, while the S&P 500 has gained 7.1% over the same time.
5:00 a.m. April 6, 2021 - By MarketWatch
Here’s why investors should be looking at old tech stalwarts right now, says this money managerOur call of the day, from The Bahnsen Group's chief investment officer, David Bahnsen, says investors may be blind to valuation risks for some of the most popular tech stocks.
1:00 p.m. April 5, 2021 - By MarketWatch
Facebook, Google and Microsoft stocks reach records as Big Tech bounces backShares of Facebook Inc., Google parent Alphabet Inc., and Microsoft Corp. closed at record highs Monday, cresting on a wave of strong U.S. job growth last month despite a wave of criticism over their outsize influence on the economy and in the lives of Americans. The tech-heavy Nasdaq Composite Index rose 1.7%.
3:02 a.m. March 24, 2021 - By Tomi Kilgore
Hall of Fame Resort, Dolphin Entertainment stocks nearly double after NFT partnershipShares of both Hall of Fame Resort & Entertainment Co. and Dolphin Entertainment Inc. nearly doubled in premarket trading Wednesday, after companies signed a partnership to offer non-fungible tokens (NFTs). Hall of Fame Resort (HOFV) said late Tuesday that the partnership with Dolphin will allow professional football and sports entertainment fans to buy and sell exclusive content developed by HOFV and its partners. "We are thrilled to be partnering with Dolphin, an emerging thought leader in the NFT market, to accelerate our entry into the space," said HOFV Chief Executive Michael Crawford. "This partnership will provide us with another opportunity to unlock additional value from the one-of-a-kind media projects we have in development." HOFV shares soared 95.5% ahead the open, and Dolphin's stock shot up 86.7%, after rocketing 236.3% on Tuesday following an announcement that the entertainment marketing and content development company had . Dolphin's stock has run up 439.1% year to date through Tuesday and HOFV shares have climbed 227.6%, while the S&P 500 has gained 4.1%.
1:00 p.m. March 18, 2021 - By MarketWatch
Dow retreats from record while surge in bond yields sends Nasdaq down 3%Stocks finish sharply lower Thursday as another jump in U.S. Treasury yields meeting, reflected expectations for faster economic recovery and inflation, fueling more rotation into sectors likely to benefit from business sectors reviving from the pandemic. rather than technology stocks that benefited from last year's work-from-home trend.
7:47 a.m. Dec. 2, 2020 - By Robert Schroeder
Trump to award former Notre Dame football coach Holtz Presidential Medal of FreedomPresident Donald Trump will award former football coach Lou Holtz the Presidential Medal of Freedom on Thursday, the White House announced. Holtz, a supporter of Trump's, is best known for his 11-season career at the University of Notre Dame. "America recognizes Lou Holtz as one of the greatest football coaches of all time for his unmatched accomplishments on the gridiron, but he is also a philanthropist, author, and true American patriot," the White House said in a statement. The medal is the country's highest civilian honor.
3:04 a.m. Dec. 2, 2020 - By Nicole Lyn Pesce
The U.S. blood supply is so low, blood banks are offering donors VIP Jets tickets or Krispy Kreme donuts for a year The pandemic has canceled more than 50,000 blood drives, and NYC has just enough donor blood to last three daysThe pandemic has canceled more than 50,000 blood drives, and NYC has just enough donor blood to last three days
12:50 p.m. Nov. 16, 2020 - By Ciara Linnane
Coronavirus update: U.S. averaging 150,000 COVID-19 cases a day as expert warns of pending ‘humanitarian catastrophe’ Experts are worried that President Trump’s refusal to concede election could cause more cases, hospitalizations and deathsThe global case tally for the coronavirus illness COVID-19 climbed above 54.5 million on Monday, while the U.S. tally topped 11 million after adding 1 million new cases in six days, with 50 states and territories recording rising numbers and the virus showing no sign of slowing.
7:06 a.m. Nov. 16, 2020 - By Tomi Kilgore
Hall of Fame Resort & Entertainment stock plummets after large stock offering prices at deep discountShares of Hall of Fame Resort & Entertainment Co. plummeted 54.0% toward a record low on heavy volume in morning trading Monday, after the resort, entertainment and media company centered around professional football announce the pricing of a large public offering of stock at a substantial discount. Volume spiked to 15.0 million shares, compared with the full-day average of about 4.2 million shares. The company said it's public offering of 17.86 million units, which consisted of one common stock and one warrant immediately exercisable to buy on share of common stock, priced at $1.40 per unit. The price per unit was 43.8% below Friday's stock closing price of $2.49. The company had 32.74 million shares outstanding as of Nov. 3. Earlier this month, the stock had soared after the company announced a media deal with Sports Illustrated Studios, the company added to its quarterly filing. The stock, which went public on July 2, has plunged 73.3% over the past three months, while the S&P 500 has gained 7.5%.
8:24 a.m. Nov. 9, 2020 - By Chris Edelson
Republicans must break with Trump and reach out to Biden so that Americans can heal and democracy can thrive GOP now has a chance to stand for constitutional democracy rather than the personal desires of Donald TrumpGOP now has a chance to stand for constitutional democracy rather than the personal desires of Donald Trump, writes Chris Edelson.
7:56 a.m. Nov. 5, 2020 - By Tomi Kilgore
Hall of Fame Resort & Entertainment's stock rockets as SI media deal overshadows new 'going concern' languageShares of Hall of Fame Resort & Entertainment Co. more than doubled (up 105.1%) on very heavy volume Thursday, after the football-focused entertainment company's announcement of a media deal with Sports Illustrated Studios overshadowed the "going concern" language added to the company's quarterly filing. Trading volume exploded to 73.2 million shares, enough to make the stock the most actively traded on the Nasdaq exchange, and multiples of the full-day average of around 145,500 shares. The company said that, in partnership with WaV and Sports Illustrated Studios, it will produce an original docuseries centered on the NFL Alumni Academy, the NFL Alumni Association's player development academy. Separately, the company disclosed in its 10-Q filing for the third quarter that given "recurring losses and negative cash flows, and given that the cash it currently has is less than upcoming debt maturities, there is "doubt about the company's ability to continue operations as a going concern." The "going concern" language was not included in its second-quarter 10-Q. The stock, , has tumbled 26.8% over the past three months, while the S&P 500 has gained 5.5%.
9:22 a.m. Nov. 3, 2020 - By Katie Marriner
In key Senate races, Democrats have fundraising advantage over Republicans But a lead in the money race doesn’t necessarily turn a candidate into the favorite to win the electionRepublicans have out-raised their Democratic opponents in just two out of 16 competitive Senate contests.
2:31 a.m. Oct. 23, 2020 - By Andrew Keshner
‘If I can travel in the New Normal, and not worry about the virus and take pictures, I’d buy the new iPhone 12’ Americans bought 20 million smartphones in 2020’s second quarter, down from 22 million in 2019’s fourth quarterAmericans bought 20 million smartphones in 2020’s second quarter, down from 22 million in 2019’s fourth quarter.
4:35 a.m. Oct. 22, 2020 - By Mike Murphy
‘The Mandalorian’ returns, but what other streaming picks are worth paying for in October 2020? Looking to cut back on streaming subscriptions? October could be a good month to do soOctober could actually be a good time for budget-minded consumers to cut back on their subscriptions.
6:22 a.m. Oct. 17, 2020 - By Winona Dimeo-Ediger
The best places to live in America in 2020 These days, it’s about connection, affordability, and the space and opportunity to grow. If you’re ready to make a change, here are 20 of the best places in the U.S.Millions of Americans are re-evaluating where they want to live. If you’re one of them, this list is for you.
5:58 a.m. Oct. 10, 2020 - By Cara Lombardo
Red Sox and Liverpool owner in talks to take sports holdings public Potential deal with RedBall Acquisition would value Fenway Sports Group at around $8 billion including debtBoston Red Sox owner John Henry is in talks to join with an investment vehicle for an $8 billion deal that would take his famed sports holdings public, according to people familiar with the matter.
5:00 a.m. Oct. 9, 2020 - By MarketWatch
With the big stock-market gains over, it’s time for some unusual ‘coupon clipping,’ HSBC strategist saysGovernment bonds aren't the hedges they used to be, with monetary policy on steroids, says HSBC Global Asset Management strategist.
9:57 a.m. Oct. 8, 2020 - By Chris Matthews
Watchdog group tallies $250 million in coronavirus-aid fraud with money spent on sports cars, strip clubs, gambling and crypto bets A large share fraudulent loans approved by lenders with close ties to fintech companiesThe U.S. Department of Justice has brought charges against at least 82 individuals, in cases where $250 million in fraudulent loans were sought in the six months since the Small Business Administration began disbursing loans under the Trump Administration’s Paycheck Protection Program, according to a tally by the Project on Government Oversight released Thursday
10:53 a.m. Oct. 6, 2020 - By Cody Willard
The NFL is trying to please fans — and the federal government is doing the same for stock market investors High football scores spring from the same type of behavior that has led to the stock market bubbleHigh football scores spring from the same type of behavior that has led to the stock market bubble.
7:13 a.m. Oct. 4, 2020 - By Mike Murphy
Here’s what’s coming to Amazon Prime Video in October 2020 A new ‘Borat,’ and Blumhouse launches four unsettling movies, while Simon Pegg and Nick Frost reunite for spooky laughs with ‘Truth Seekers’Blumhouse launches four unsettling movies, while Simon Pegg and Nick Frost reunite for spooky laughs with ‘Truth Seekers.’
9:15 a.m. Oct. 1, 2020 - By Nicole Lyn Pesce
WATCH: Weird Al parodies the first Trump-Biden debate, screams ‘we’re all doomed’ The song parody king pretends to moderate the presidential debate on YouTubeThe song parody king pretends to moderate the presidential debate on YouTube.
12:59 a.m. Oct. 1, 2020 - By Diane Eastabrook
Is it safe to retire in a college town in the pandemic? Sports, concerts, classes, lectures, restaurants, a vibrant social scene—many of the things retirees enjoy aren’t there, or they feel unsafe doing themCollege towns are often economically vibrant communities that promote healthy aging. But times have changed.
6:05 a.m. Sept. 30, 2020 - By Wendy Helfenbaum
‘Anyone can make money.’ This retired Wall Street investor wants to motivate Americans to do something else: Get off the couch After 30 years of no exercise while building a successful investment career, Jim Owen wants to show it’s never too late to become healthierHis purpose and his legacy now is inspiring older adults to become healthier and more active.
10:11 a.m. Sept. 26, 2020 - By Rachel Koning Beals
British counterculture brand Fred Perry to Proud Boys: Hands off our laurel wreath The Black/Yellow/Yellow twin tipped shirt has been adopted by various subcultures without prejudice, the company says — no longerThe Fred Perry tennis look has spanned Mod to Brit Pop and beyond, including a skinheads appropriation along the way. Now, the Proud Boys have claimed the ubiquitous laurel emblem.
12:06 p.m. Sept. 25, 2020 - By Nicole Lyn Pesce
Ohio mom tasered, arrested for trespassing after not wearing a mask at a middle school football game The woman, whom police identified as Alecia D. Kitts, was arrested for criminal trespassing and released at the sceneThe woman, whom police identified as Alecia D. Kitts, was arrested for criminal trespassing and released at the scene
4:00 a.m. Sept. 19, 2020 - By Jeffry Bartash
The easy part of the U.S. economic recovery is over. Now comes the hard part Life for Americans is only slowly returning to normalAfter a rollercoaster ride in the spring and summer, the economy appears to be entering a flatter stretch ahead of the pivotal 2020 presidential election. The U.S. is still growing, but the path ahead is littered with more obstacles.
8:01 a.m. Sept. 18, 2020 - By Ciara Linnane
It’s the end of the world as we know it — and REM’s Michael Stipe doesn’t feel fine The famed Athens, Ga., band’s front man is unhappy with how Georgia Gov. Brian Kemp is handling the pandemic and how his town is faring as a resultAthens, Georgia has become a place the exemplifies the worst of public-policy decision making during the coronavirus pandemic, according to one figure closely associated with the city.
3:38 a.m. Sept. 16, 2020 - By Tomi Kilgore
DraftKings stock rallies after exclusive deal with New York Giants football teamShares of DraftKings Inc. rallied 1.8% in premarket trading Wednesday, after the company announced a multi-year exclusive deal to be the sports betting, iGaming and daily fantasy operator of the New York Giants football team. As part of the deal, DraftKings will have access to official Giants logos, and will provide a virtual SportsLounge on Giants' game days. "DraftKings is the preeminent leader in sports betting and daily fantasy sports and we are excited to be the first NFL team to have an exclusive integrated deal in this category," said Giants Chief Commercial Officer Pete Guelli. DraftKings's stock has rocketed 350.6% year to date through Tuesday, while the S&P 500 has gained 5.3%.
4:26 p.m. Sept. 15, 2020 - By Benjamin Mullin
CBS All Access streaming service to relaunch as Paramount+ in early 2021 Rebranding to include new shows, as well as existing library of CBS and Viacom series and moviesViacomCBS Inc. said it plans to launch an expanded version of its flagship streaming service early next year, leveraging the catalog of programs created by last year’s merger of Viacom and CBS.
4:17 p.m. Sept. 13, 2020 - Associated Press
Racial injustice themes on display in empty stadiums as NFL season kicks off Falcons, Seahawks take a knee during kickoff NFL teams opening their seasons in empty stadiums knelt, locked arms, raised fists in protest or stayed off the field entirely for the “Star-Spangled Banner” and the Black anthem “Lift Every Voice and Sing” on Sunday as the once-reluctant league brought racial injustice to the forefront on the first full slate of the football season.
2:11 p.m. Sept. 10, 2020 - By Victor Reklaitis
NFL player arrested on charges of PPP loan fraudA National Football League player, Joshua J. Bellamy, 31, of St. Petersburg, Fla., has been arrested and charged with wire fraud, bank fraud and conspiracy to commit wire fraud and bank fraud for participating in a scheme to file fraudulent loan applications to the Paycheck Protection Program, the Justice Department said Thursday in . The DOJ said the overall scheme involved seeking more than $24 million in forgivable loans from the PPP, a federal government program that aims to provide aid to small businesses hurt by the coronavirus crisis. Bellamy played for the New York Jets, though is currently on the team's reserve/physically-unable-to-perform list, not on the active roster.
5:37 p.m. Sept. 8, 2020 - By Mike Murphy
Colin Kaepernick will take the field again in EA’s ‘Madden 21’ Though he hasn’t played in NFL in 4 years, Kap has elite QB rating in the videogameThe quarterback, who has not played in the NFL since 2016, will be playable in Electronic Arts Inc.’s popular “Madden 21” videogame through a software update.
5:49 p.m. Sept. 3, 2020 - Associated Press
New rapid, daily coronavirus testing could save Pac-12 football, basketball seasons Conference’s deal with Quidel called ‘game-changer’The Pac-12 could be playing football and basketball sooner than expected after the conference announced Thursday that each of the 12 schools will soon have the capacity to perform daily, rapid COVID-19 tests on athletes.
8:39 a.m. Aug. 29, 2020 - Associated Press
Chadwick Boseman, who embodied Black icons, dies of cancer As Hollywood career boomed, Boseman was privately undergoing “countless surgeries and chemotherapy” to battle colon cancer, his family said announcing his death at age 43First Chadwick Boseman slipped on the cleats of Jackie Robinson, then the Godfather of Soul’s dancing shoes, portraying both Black American icons with a searing intensity that commanded respect. When the former playwright suited up as Black Panther, he brought cool intellectual gravitas to the Marvel superhero whose “Wakanda forever!” salute reverberated worldwide.
7:30 p.m. Aug. 26, 2020 - By Victor Reklaitis
RNC’s 3rd night: Pence says Biden can’t be trusted to rebuild economy, keep cities safe Biden campaign says Trump’s Republican National Convention is presenting ‘an alternate reality’ and ‘delusion’Mike Pence uses a historic fort as a backdrop while aiming to win over voters, as he delivers the keynote speech on the Republican National Convention’s third night and accepts his party's vice-presidential nomination.
2:18 p.m. Aug. 24, 2020 - By Beckie Strum
NYC schools can have outdoor classes in schoolyards, streets and parks, mayor announces The city must OK requests to use spaces outside school propertyWith little more than 2 weeks before school starts, principals must submit a school-specific request for outdoor learning space
2:17 p.m. Aug. 24, 2020 - Associated Press
A year after Elijah McClain’s death at police hands in Aurora, Colo., millions around world continue to call for justice Twenty-three-year-old massage therapist and violinist died several days after being put in a neck hold and injected with the sedative ketamine, as he told police, ‘I’m just different, that’s all. That’s all I was doing. I’m so sorry. I have no gun.’Twenty-three-year-old massage therapist and violinist died several days after being put in a neck hold and injected with the sedative ketamine, as he told police, ‘I’m just different, that’s all. That’s all I was doing. I’m so sorry. I have no gun.’
11:50 a.m. Aug. 24, 2020 - Associated Press
NFL announces zero positive coronavirus cases among players after 77 false positive results over the weekend The NFL virus testing lab says sample contamination led to 77 false positive COVID-19 tests last weekThe lab used by the NFL for COVID-19 tests said Monday that an isolated contamination caused 77 “most likely false positive results.”
6:38 a.m. Aug. 24, 2020 - Associated Press
NFL’s Miami Dolphins to allow 13,000 fans at home opener Crowd size will be about 20 percent of the stadium’s 65,326-seat capacityThe Miami Dolphins will allow up to 13,000 socially distancing fans to attend their home opener against the Buffalo Bills on Sept. 20, a decision supported by state and local political leaders.
1:06 p.m. Aug. 20, 2020 - By Alexandra Bruell
ViacomCBS seeks about $5.5 million for 30-second Super Bowl ads — assuming there is a Super Bowl Price roughly in line with 2020 Super BowlViacomCBS Inc.’s CBS is seeking around $5.5 million for 30-second commercial spots in next year’s Super Bowl, roughly in line with commercial prices in the 2020 game, according to people close to the talks.
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