Category Archives: Yahoo

By Noel Randewich

(Reuters) - With Tesla's strong quarterly report on Wednesday, Chief Executive Elon Musk has scored a hat trick of performance goals worth a combined $23 billion in new compensation.

The world's most valuable carmaker posted March quarter revenue and profit that surged past Wall Street estimates as it raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown.

Musk's latest compensation windfall, which must be certified by Tesla's board, comes days after he offered to buy Twitter Inc for $43 billion, with analysts suggesting he could sell Tesla shares to help finance the deal.

Musk already is the world's richest person, according to Forbes.

Tesla reported quarterly revenue of $18.76 billion and so-called adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.02 billion. Combined with the previous three quarters' results, that surpasses milestones that trigger the vesting of the ninth through 11th of 12 tranches of options granted to Musk in his 2018 pay package.

Musk said Wednesday there were no discussions underway about incremental compensation.

Musk, who is also a major shareholder and CEO of rocket maker SpaceX, receives no salary at Tesla. His pay package requires Tesla's market capitalization and financial growth to hit a series of escalating targets.

Each tranche gives Musk the option to buy 8.4 million Tesla shares at $70.01 each, a discount of about 90% from Wednesday's closing price of $977.20. At the stock's current price, the three options tranches that will vest as a result of Tesla's March-quarter performance could generate a profit of about $23 billion, or almost $7.7 billion per tranche.

Late last year, Musk netted $16.4 billion from selling about 10% of his stake in Tesla to meet to meet tax withholding obligations related to the exercise of stock options.

(Reporting by Noel Randewich; Editing by Peter Henderson and Lisa Shumaker)

More here:

Elon Musk scores hat trick of Tesla compensation goals worth $23 billion - Yahoo Finance

NEW YORK, April 21, 2022--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the "Company" or "AESE"), a global esports entertainment company, today filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of a notice (the "Notice") from Nasdaq notifying the Company that the Company is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K") with the SEC by the required due date.

Under the Nasdaq rules, the Company has 60 calendar days from receipt of the Notice to submit a plan to regain compliance with the Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant an exception of up to 180 calendar days from the due date of the Form 10-K to regain compliance. However, there can be no assurance that Nasdaq will accept the Company's plan to regain compliance or that the Company will be able to regain compliance within any extension period granted by Nasdaq. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel. The notice received from Nasdaq has no immediate effect on the listing or trading of the Company's shares of common stock. However, if the Company fails to timely regain compliance with the Rule, the Company's shares of common stock will be subject to delisting from Nasdaq.

In July 2021, the Company sold its World Poker Tour business (the "WPT") to a third party. The Companys auditors have requested the verification of certain information related to the operations of WPT prior to the sale as part of the preparation of the Form 10-K, which the Company is coordinating with WPT to provide as expeditiously as possible.

Story continues

About Allied Esports Entertainment

Allied Esports Entertainment, Inc. (Nasdaq: AESE) is a global esports entertainment venture dedicated to providing transformative live experiences, multiplatform content and interactive services to audiences worldwide. For more information, visit alliedesports.gg.

Forward-Looking Statements

This communication contains certain forward-looking statements under federal securities laws. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product and service developments, future financial conditions, results or projections or current expectations. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "intend" or "continue," the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in these forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the ability to meet Nasdaqs continued listing standards; our ability to execute on our business plan; the ability to retain key personnel; potential litigation; general economic and market conditions impacting demand for our services; a change in our plans to retain the net cash proceeds from the WPT sale transaction; our inability to enter into one or more future acquisition or strategic transactions using the net proceeds from the WPT sale transaction; and our ability, or a decision not to pursue strategic options for the esports business. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein. The business and operations of AESE are subject to substantial risks, which increase the uncertainty inherent in the forward-looking statements contained in this communication. Except as required by law, we undertake no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Further information on potential factors that could affect our business and results is described under "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on April 13, 2021, as well as subsequent reports we file with the SEC. Readers are also urged to carefully review and consider the various disclosures we made in such Annual Report on Form 10-K and in subsequent reports with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220421005976/en/

Contacts

Investor Contact: Lasse GlassenAddo Investor Relationslglassen@addo.com 424-238-6249

Media Contact: Brian FisherAllied Esports Entertainmentbrian@alliedesports.com

Visit link:

Allied Esports Entertainment Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K - Yahoo Finance

Welcome to the 2022 edition of the Fantasy Football Rookie Snapshot NFL draft series! In this space, fantasy football expert Liz Loza will analyze the incoming class of first-year stars and gauge their impact be it immediate or latent on our fake football game.

Next up, the wide receivers. Liz covered Treylon Burkshere. Then, Ohio State standout, Garrett Wilson. She also profiledDrake London and the elite Buckeye, Chris Olave. Finally, we have Alabama's very own Jameson Williams!

Size: 6-foot-2 and 179 pounds

Age: 21-years-old (3/26/2001)

Bio: Williams was off to a fast start long before he arrived in Tuscaloosa. A track-and-field star at Cardinal Ritter Prep, Williams holds the state record for the 300-meter hurdles (previously set by Ezekiel Elliott). While the track and field titles were gratifying, football remained Williams primary passion. He exited high school a four-star prospect and Missouris No. 2-rated player at the position (per 247Sports). After being heavily recruited by top schools (including Alabama) and receiving 46 offers, Williams enrolled at Ohio State.

Williams contributed on special teams as a true freshman but was minimally involved. The following year he started six of eight games and flashed with a TD grab in the 2021 Sugar Bowl. However, given the Buckeyes stacked receiving corps, Williams opportunities were limited. As such, he entered the transfer portal and suited up for the Tide in the fall of 2021.

With Jaylen Waddle and Devonta Smith in the NFL, the St. Louis native filled an obvious void. Williams closed out his college career as a Biletnikoff Award finalist (79-1,572-15) and was named a first-team Associated Press All-American. Unfortunately, all of the good juju came to an abrupt halt when he tore his ACL in the National Championship loss to Georgia.

Pros: Elite athlete with game-breaking speed, footwork is next level, added value on special teams (2 TDs on 10 returns in 2021)

Story continues

Cons: Ultra-lean build with below-average play strength, spotty hands technique, only one year of starting quality ball, tore his ACL in January of 2022

Watching Williams play is like listening to jazz (or 90s country, if youre me). There are no wasted movements in his play. Everything is executed with fluidity and purpose. From the stutter steps to the head-fakes and the cut-backs, Williams' footwork is a masterclass on smooth transitions. His routes have tempo and his acceleration is swift (without being herky-jerky).

Undoubtedly, his deep speed is the hallmark of his game, making him one of the most accomplished deep threats (20.7 YPR) in the 2022 class.

The NFL draft is replete with talented WR prospects, and Jameson Williams is one of them. (Photo by Kevin C. Cox/Getty Images)

There is a question, however, of whether or not that speed would be hindered by an increase in mass. Given Williams wiry frame and thin legs its not surprising to discover that he lacks play strength. That lack of physical brute might prevent him from consistently winning on the outside at the next level. Obviously, smaller receivers have learned to adjust their game accordingly but there is concern Williams could struggle to make that adjustment in the pros.

NFL Comp: I see a lot of Robby Anderson (those potential TDs!) ... #DraftTwitter is feeling the Will Fuller comp, though.

Unfortunately, we dont have an exact 40 time for Williams because of that torn ACL and he wasnt able to participate in drills at the Combine or Alabamas Pro Day. The tape, however, clearly illustrates his long speed and prowess as a vertical threat. I think hell get there eventually, but the transition wont be seamless or fast.

From a fantasy point of view, the slowed maturation process figures to depress his immediate value in redraft.

[Vote for Yahoo Fantasy Football Live in the 2022 Webby Awards!]

That is, unless Williams were to join a prolific offense helmed by one of the most gifted young signal callers in the league. A prolific offense that just lost their No. 1 WR and will need to keep pace in whats shaping up to be the most competitive division in the AFC.

So, yeah, if the Chiefs tap Williams to eventually fill the hole left by Tyreek Hill (calm down, Hardman truthers) then Id anticipate using a fifth-round fantasy draft pick to acquire his virtual services.

Engage with Liz on social @LizLoza_FF

View post:

NFL Draft: Is Jameson Williams the heir-apparent to Tyreek Hill in Kansas City? - Yahoo Sports

The NFL draft is just over a week away. It's one of the best times of the year for football fans as speculation is rampant and football is all over the news cycle. Fans across the league get excited to add young talent to their rosters, convincing themselves that their team's draft picks were all a steal and that they will impact the league for years to come.

However, this year is a bit different. There's no can't-miss prospect at the top of the draft, and there's even uncertainty with the No. 1 pick. That uncertainty has even bled down to the quarterback prospects. We don't know which quarterback will go first, and we don't know where and when quarterbacks will go off the board. However, if you believe the betting odds, quarterbacks might not go as early as we're accustomed to.

The last draft where a quarterback didn't go first overall was 2017 when the Cleveland Browns selected Myles Garrett. In the four drafts since then, Baker Mayfield, Kyler Murray, Joe Burrow and Trevor Lawrence were the first overall picks.

The last time a quarterback didn't go in the top 10 of the draft was in 2013, when the Buffalo Bills took EJ Manuel at 16. In the eight drafts since then, 19 quarterbacks have been drafted in the top 10 of their respective drafts.

This is not surprising. There is no position more important in sports than quarterback. There is also no bigger advantage in sports than an elite quarterback on a rookie contract. If a team can hit on a quarterback in the first round, it immediately opens a five-year window where they can build a team around their cheap quarterback and compete.

Oddsmakers aren't convinced Malik Willis goes in the top 10 of the NFL draft. (Justin Casterline/Getty Images)

However, despite the history of quarterbacks going very early in drafts, oddsmakers aren't convinced that will be the case this year. Malik Willis is the favorite to be the first quarterback drafted, but his over/under is set at 10.5. Kenny Pickett has the second-best odds to be the first quarterback drafted, and his over/under is 12.5.

Story continues

If you look at the top 10 of the NFL draft, there are plenty of teams where a quarterback makes some kind of sense. There has been some rumbling about the Lions at pick No. 2 being interested in a quarterback. That would be a bit surprising. However, the Carolina Panthers at No. 6 seem desperate for a quarterback. The Giants pick twice in the top 7, but they seem content to give Daniel Jones another year. Are the Falcons content with Marcus Mariota? What about Seattle and Drew Lock?

You could pencil a quarterback into any of these slots, and it wouldn't be surprising. However, are any of these quarterbacks good enough prospects to warrant that type of investment? I could just as easily see the Lions waiting until the 32nd pick to nab a quarterback, if they take one at all. The Panthers have been linked to Mayfield in recent days, with Ian Rapoport calling them the "most likely spot" for the former first overall pick. Maybe the Falcons and Seahawks are willing to give Mariota and Lock a chance and then reevaluate the position next offseason, when the quarterback prospects are projected to be much better.

History tells us that quarterbacks will go early, but oddsmakers aren't convinced that will be the case this year. If you think recent history will continue, betting Willis to go before pick 11 or Pickett to go before pick 13 seems like a good bet.

There's a whole list of players that oddsmakers are projecting to go before quarterbacks or in the same range as quarterbacks:

Aidan Hutchinson, over/under pick 1.5

Travon Walker, over/under pick 3.5

Ikem Okwonu, over/under pick 3.5

Evan Neal, over/under pick 4.5

Kayvon Thibodeaux, over/under pick 5.5

Ahmad Gardner, over/under pick 5.5

Charles Cross, over/under pick 7.5

Jermaine Johnson, over/under pick 9.5

Malik Willis, over/under pick 10.5

Kyle Hamilton, over/under pick 10.5

Garrett Wilson, over/under pick 10.5

Drake London, over/under pick 10.5

Derek Stingley, over/under pick 11.5

Kenny Pickett, over/under pick 12.5

Jameson Williams, over/under pick 13.5

Jordan Davis, over/under pick 14.5

See original here:

NFL draft betting: Oddsmakers aren't convinced a quarterback goes in the top 10 - Yahoo Sports

A few hours after writing about the anonymous BetMGM bettor who nailed a Marcus Smart Defensive Player of the Year bet at 500-to-1 odds for $50,000, I received a message on Twitter from Garrett Seliga, the guy who placed the wager.

"Hey Greg, saw your article check my pinned tweet," he said.

Upon verifying that he was indeed the lucky bettor, I asked Seliga if I could interview him, to which he agreed.

I wasn't sure what type of bettor I would encounter. Would he be one of the countless YOLO personalities who represent such a large chunk of gambling Twitter?

After nearly an hour of conversation, I knew that the $50,000 had made its way into the right hands. The 25-year-old Seliga impressed me with his modesty and his sharp, disciplined approach to betting.

The following is a snapshot of that conversation:

Garrett Seliga: I'm a supply-chain student at Penn State University right now. I work a full-time job as well, as a preventative maintenance contract manager. I've always loved sports and following betting markets is something I've been passionate about for a very long time. It's a lot to juggle between all three, but I manage to make it happen, I guess.

GS: I'm in front of a computer all day, so I'll throw in my headphones and just listen to podcasts. NBA-wise, I listen to You Better You Bet. Deep Dive podcast. Establish the Run, they have a lot of good basketball content, as well. Buckets is another one.

When I get home from work, I'll usually hop on my computer and start diving into more advanced statistics and just try to read as much as I can. Then I'll connect with my buddy, Ben, and we'll go back and forth, just spitballing betting ideas and trying to forecast some things.

Story continues

GS: It was a little bit of both. Initially, I took a position on Bam Adebayo. I had him on my bet slip at 80-to-1 and never ended up placing it. Then it was basically a FOMO thing, where I grabbed him in early March at 16-to-1. I still thought there was some room for him to get down to a favorite, as he did towards the end. I was looking at other guys, too, and I really started digging into that market as we got into the last two months of the season and people were starting to talk about the Defensive Player of the Year award.

With every sport, I try to understand media members and how the votes are ultimately decided. Defensive Player of the Year was pretty interesting, because I kept hearing about how the Celtics' defense was historically good and how well they were doing. When I got into it and broke it down, I also grabbed Robert Williams III at 33-to-1. I thought he was going to be the one that ultimately won because he was playing for the best defense in the league and had the counting stats and the advanced stats. When we got into the research, everyone was saying how [Smart] was the glue to the defense. He had some advanced stats that were pretty good. It was like, "Oh yeah, 500-to-1 is implying significantly below 1%," and we thought there was value in that bet and it was an off-market price.

Boston Celtics guard Marcus Smart was 500-to-1 in early March to win Defensive Player of the Year. (Winslow Townson/USA TODAY Sports)

GS: I was actually not very confident at all, to be honest. I still thought you could make a really good case for Bam and Mikal Bridges. Bam's biggest knock was his playing time. If he would have played a full season or close to it I think he was another guy well-deserving and would have gotten a lot more votes. Bridges was a super durable player and I could definitely make the case for him, too.

GS: BetMGM offered me a cash-out for $9,233 [in late March]. I just looked at it and figured, "Hey, I'm never gonna remember this hundred dollars. It's not gonna mean much to me in the long run. If I just let it ride and it wins, that money could benefit me." I don't believe in taking most cash-outs unless it's a life-changing amount of money.

GS: It didn't really feel real or process that it was a good bit of money that I had just won. Just being right on the bet and having things go my way, I think that was the biggest thing. It wasn't so much celebrating money. At the end of the day, I'm very grateful and I'm definitely going to appreciate it. Putting in a lot of work between school and work and everything betting-related is very stressful, so having an extra payoff like that was pretty nice. It felt very rewarding.

GS: Yeah. Last year, the NFL draft was my biggest hit I'd had, and that was Trey Lance to go third overall. That was about $8,000. It was mostly third overall pick for Lance and then Mac Jones over his draft position.

GS: Reinvest it. I do have student debt, unfortunately, so I'm sure some of that could go back into there. But just about all of it's gonna be reinvested. I know a lot of athletes usually have some sort of foundation. I'm not too sure if [Smart] has something like that, but I'd definitely be interested in contributing to that, if possible.

GS: I grabbed Jordan Poole at 500-to-1 for Finals MVP. Drew Dinsick made some really good cases throughout the year on the Suns, so I've had some pretty good numbers in my pocket with the Suns. I personally think if we're looking at a Suns-Warriors Western Conference finals, Poole could be a good way to get some exposure to the Warriors. For a team that has a good shot at making the Finals, I thought that was a pretty good number. And I thought it was funny that it was at 500-to-1, so I'm testing my record out on those bets. Hopefully, I can get to 2-0.

GS: I'm gonna put Smart out there. Bridges. Down low, I'd have Gobert. It's a toss-up between Williams and Jaren Jackson Jr. Uh, wow ... let's go with Jaren Jackson Jr. because his counting stats were very good this year and he could definitely get me a big block. And let's go with Bam, out of respect. He's versatile in his switches and his ability to guard.

GS: I'd say just keep playing how he's playing. He plays with a ton of heart, he's hustling, he's diving for balls. He reminds me of Jalen Ramsey. He's in your face and he's just an annoying guy to go up against.

GS: He's got that dawg in him, absolutely.

View post:

NBA betting: Meet the bettor who cashed a 500-to-1 ticket on DPOY Marcus Smart - Yahoo Sports

Texas Instruments Incorporated TXN is scheduled to report first-quarter 2022 results on Apr 26.

For first-quarter 2022, the company anticipates revenues between $4.5 billion and $4.9 billion. The Zacks Consensus Estimate for the same is pegged at $4.71 billion, suggesting growth of 9.9% from the year-ago reported figure.

TXN expects earnings of $2.01-$2.29 per share for the first quarter. The consensus mark for the same is pegged at $2.17 per share, indicating an improvement of 16% from the prior-year reported figure. The figure has been unchanged over the past 30 days.

The company surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 12.4%, on average.

Texas Instruments Incorporated Price and EPS Surprise

Texas Instruments Incorporated price-eps-surprise | Texas Instruments Incorporated Quote

Texas Instruments strengthening momentum across the Analog and Embedded Processing segments is expected to have benefited its first-quarter performance.

The companys robust signal chain and power product lines might have continued driving growth within the Analog segment in the to-be-reported quarter.

Growing customer adoption of analog and embedded technology has been resulting in increasing chip content per application. This might have aided the industrial and automotive markets in the first quarter.

A solid demand environment in the industrial, communication equipment and enterprise systems markets is likely to have continued aiding the top line in the quarter under review.

Robust product portfolio strength and expanding manufacturing capabilities are anticipated to have supported the quarterly performance.

Solid investments in growth avenues and competitive advantages are expected to have been positives.

Further, its deepening focus on accelerating free cash flow generation is anticipated to have been a tailwind in the quarter under discussion.

Yet, weakness in the personal electronics market is expected to have remained a headwind.

Story continues

Further, intensifying market competition and coronavirus-related uncertainties are likely to have been concerns in the first quarter.

Our proven model predicts an earnings beat for Texas Instruments this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But thats not the case here. You can uncover the best stocks to buy or sell before theyre reported with our Earnings ESP Filter.

It has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell), at present.

Here are some stocks that you may consider as our model shows that these have the right combination of elements to beat on earnings this season.

Apple AAPL has an Earnings ESP of +1.78% and a Zacks Rank of 2 at present. You can see the complete list of todays Zacks #1 Rank stocks here.

Apple is scheduled to release second-quarter fiscal 2022 results on Apr 28. The Zacks Consensus Estimate for AAPLs earnings is pegged at $1.43 per share, suggesting an increase of 2.1% from the prior-year reported figure.

Cisco Systems CSCO has an Earnings ESP of +0.84% and a Zacks Rank #2 at present.

Cisco Systems is set to report third-quarter fiscal 2022 results on May 18. The Zacks Consensus Estimate for CSCOs earnings is pegged at 0.86 cents per share, which suggests an increase of 3.6% from the prior-year reported figure.

Analog Devices ADI has an Earnings ESP of +2.17% and a Zacks Rank #2 at present.

Analog Devices is scheduled to release second-quarter fiscal 2022 results on May 18. The Zacks Consensus Estimate for ADIs earnings is pegged at $2.12 per share, which suggests an increase of 37.7% from the prior-year reported figure.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Analog Devices, Inc. (ADI) : Free Stock Analysis Report

Texas Instruments Incorporated (TXN) : Free Stock Analysis Report

Apple Inc. (AAPL) : Free Stock Analysis Report

Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Read more here:

What's in the Cards for Texas Instruments' (TXN) Q1 Earnings? - Yahoo Finance

AHL's San Diego Gulls to Debut Facial Ticketing and Concession PaymentsByAndrew CohenApril 20, 2022

The American Hockey Leagues San Diego Gulls will debut facial recognition ticket admission and concession payments for tonights game against the Abbotsford Canucks at Pechanga Arena in San Diego. The deployment is the first of its kind through a partnership between facial verification company PopID and ASM Global, which operates more than 300 sports and entertainment venues.

Fans can register for the optional facial recognition services at Pechanga Arena by uploading a selfie and form of payment to PopID. PopIDs software will integrate into point-of-sale devices at the arena's ticketing gates and concession stands, allowing ticketed fans to enter the arena and pay for food and beverages by simply standing in front of the facial verification kiosks.

The deployment of this technology in our venues represents the beginning of a revolutionary change in the entertainment world, ASM Global CEO and president Ron Bension said in a statement. The PopID platform will allow us to eliminate the dependence on cards and phones at our events and ensure that every guest interaction is secure, speedy and seamless.

PopID announced its multi-year partnership with ASM Global in March. Other ASM Global-operated venues with upcoming plans to debut facial verification include the Fresno, Calif.-based Save Mart Center and the Ontario, Calif.-based Toyota Arena, as well as the Coca-Cola Arena in Dubai. ASM Global is a subsidiary of Anschutz Entertainment Group, which operates major sports venues such as Crypto.com Arena in Los Angeles, T-Mobile Arena in Las Vegas and the Target Center in Minneapolis.

Pechanga Arena, originally known as the San Diego Sports Arena, is the latest among a growing list of sports venues to adapt facial recognition to serve fans. The New York Mets are offering facial ticket admission at Citi Field through the clubs deal with Wicket, a first for an MLB team. Mets VP of technology solutions Oscar Fernandez told SportTechie that the team has a longterm roadmap to deploy facial payments at concession stands. LaLiga club Osasuna also recently partnered with dasGate to become the first Spanish soccer club to offer facial ticketing earlier this month.

See the original post:

Yahoo Sports' Apollo Global Interested in Financing Twitter Buyout - SportTechie

When Tesla (TSLA) reports earnings on Wednesday, all eyes won't be on whether Elon Musk comments on his bid for Twitter on the earnings call (or if he is even on the call) but rather how big of a hit the company will experience due to a Shanghai factory production shutdown.

"With Berlin and Austin key factories now online and producing Model Y's in a quickly ramping pace, the main question for tomorrow is just how bad the China production issues are and what that means for deliveries in 2Q and the rest of the year," said Wedbush analyst Dan Ives.

Ives thinks the hit to Tesla could be sizable.

"We estimate that roughly 50k units are now reduced for the June quarter for starters given the last three weeks of shutdown and depending on how aggressively Tesla can ramp back production could be impacted further over the next month. Musk & Co. are in a tough spot, as there are so many variables around 2Q China production that will certainly weigh on guidance for the rest of the year and thus has been a clear overhang on the stock over the past month," the closely watched analyst said.

Tesla is expected by Wall Street to deliver $17.76 billion in sales for the quarter and earnings of $2.26 a share. A year ago, Tesla produced sales of $10.4 billion and earnings of $0.93.

The Street is modeling for Tesla's earnings to reach $10.64 in 2022, a number that could be at risk given the China factory shutdown.

Indeed Tesla investors are entering the quarter nervously.

Shares of the EV maker are down about 4% since April 4.

The stock has come under increased selling pressure as Musk put in a $43 billion bid last week to buy Twitter.

But Wall Street is generally staying upbeat on Tesla despite the array of distractions for Tesla. Ives still rates the stock at an outperform with a $1,400 price target.

"We remain bullish on the Tesla story as the company navigates near-term production issues with strong consumer EV demand our focus for 2022 and beyond," Ives said.

Story continues

Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.

Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, YouTube, and reddit

Original post:

One big challenge facing Tesla that has nothing to do with Elon Musk's Twitter bid - Yahoo Finance

Tune into baseball for long enough in 2022 and youre almost assured to come across an unfamiliar term. The sweeper is the newest weapon being deployed against MLB hitters.

It is revitalizing the repertoires of some prominent pitchers and could have, um, sweeping implications for the seasons of the Los Angeles Dodgers and New York Yankees two of the franchises most invested in it.

But what is a sweeper, exactly?

Its a variation of breaking ball distinguished by horizontal movement more across than up and down. Sweepers are essentially a subset of sliders, an endpoint on a spectrum that includes traditional sliders in the middle and hard, darting cutters on the other end.

The pitch is not new so much as it is increasingly prominent and intentional. And if teams are making a point of bending sliders into sweepers, maybe we should make a point of understanding the difference.

If a style of pitch is going to become a pitch with its own name, one of the most prominent people who needs to be convinced is Harry Pavlidis. He founded the pitch classification service Pitch Info and oversees research and development for Baseball Prospectus.

Pitch Info has, this season, added sweeper as a distinct pitch category in addition to slider, curveball, cutter and so on. The difference, to Pavlidis?

Movement, he told Yahoo Sports via email this week. The sweeper, as the name implies, sweeps laterally more than a conventional slider, which will tend to move but several inches less than the sweeper.

Visually, its easy to catch on. Heres a (very good) traditional slider from New York Yankees ace Gerrit Cole, courtesy the omnipresent PitchingNinja Twitter account.

And heres Corey Kluber throwing what we are learning to call a sweeper.

See how its defining movement is veering off to the side instead of diving? If you were mimicking the shape of a traditional right-handed slider in your car, youd power over a blind hill that slopes slightly to the left. If you were mimicking a sweeper, youd take an exit ramp on the right and loop under the highway.

Story continues

As Pavlidis points out, sweepers have been sweeping away batters in America and Japan for years. Yu Darvish is one of the most prominent pitchers who has deployed the pitch.

Weve seen it for years, its prevalent in NPB, and pitchers have been throwing it in MLB, he said.

Klubers diabolical version helped him earn his two Cy Youngs in Cleveland. It was just particularly difficult to label. Many gave up and just called it a breaking ball. Others dubbed it a slurve. Pavlidis said the sweeper may be nothing more than a rebrand of slurve. That particular designation tended to carry a negative connotation, an accusation that a pitcher was struggling to separate two supposedly different pieces of his arsenal.

Not every variation on a pitch merits its own name. What makes the difference? For one, teams and pitchers themselves are adopting the term. And the league is noticeably adopting the pitch.

The Dodgers, who have added it or transformed existing pitches into it with Blake Treinen, Julio Urias and others, call the pitch a sweeper. The similarly enthusiastic Yankees had called it a whirly in 2021 before sweeper took hold in the industry.

Pavlidis also cited the increasing sophistication of pitch data that allows his group and the public at large to identify key differences that make a sweeper a sweeper, to the point where they can be separated out even when a pitcher also throws a regular slider.

One of those factors is the grip. This close-up view of Tampa Bay Rays starter Drew Rasmussen shows the transition from traditional slider to sweeper, what Pavlidis called a full reorientation of the seams.

This is how granular a revolution can be in baseball now. And its why sweepers definition and proliferation go hand in hand.

The change makes the sweeper grip two-seamed, a shift that gives the pitch its crucial, hitter-fooling qualities. That advanced information that helps identify the pitch can also help savvy evaluators and coaches identify and recreate those underlying qualities.

New Dodgers acquisition Andrew Heaney has added a "sweeper" and thrown it more than anyone else in baseball. (Photo by David Berding/Getty Images)

When the Los Angeles Dodgers World Series favorites who often shop in the future Hall of Famer aisle made homer-plagued Andrew Heaney the biggest addition to their starting rotation, every baseball nerds spidey sense went off. They must know they can make him better. At Baseball Prospectus, Michael Ajeto quickly and accurately predicted the plan.

Ditch the curveball. Add a sweeper that pairs better with the arm-side run of Heaneys fastball.

His blistering start for the Dodgers two starts, 10 1/3 innings, 16 strikeouts and only one unearned run has made Heaney the face of a zeitgeist-y moment for the sweeper even though his is a pretty borderline example of the form.

Among the more textbook examples: Blue Jays starters Alek Manoah and Jose Berrios, Dodgers relievers like Treinen and Evan Phillips, and a parade of Yankees including Lucas Luetge and surprise star Nestor Cortes.

As Kluber has demonstrated so effectively for the past decade, sweepers and two-seam fastballs can look identical for much of their flight to the plate, then slay hitters by zigging or zagging in opposite directions. That concept is known as tunneling, and its a major part of the logic for adding a sweeper. So is seam-shifted wake. That daunting phrase is still a new frontier in baseball research with a lot of extremely technical questions we cant yet fully answer, but the gist is this: Because of how balls thrown with that two-seamed grip interact with the air when spinning, sweepers move in ways that hitters eyes and brains dont expect. Its the same force involved in making sinkers and changeups difficult for hitters to square up.

At least in the public sphere, were still in the process of figuring out the impact of the sweeper. Does it help counteract a league of hitters that has worked to lock in on lifting the ball and hitting home runs? Is it perhaps an easier wipeout pitch to master without the use of sticky substances?

As front offices dig deeper into the numbers to find new advantages, there will be more realizations to come. May they all have names this catchy.

The rest is here:

He's throwing a what? The 'sweeper' is MLB's latest pitching weapon - Yahoo Sports

Vagit Alekperov, president of Russian oil company Lukoil.Sefa Karacan/Anadolu Agency/Getty Images

Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges.

Now, billionaires won't be able to collect foreign-currency dividends from depository receipt programs.

The decree also means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia.

In a blow to Russia's richest business people, President Vladimir Putin signed a decree on April 16 that requires Russian companies to remove their listings from overseas stock exchanges.

The likes of Vladimir Potanin Russia's richest man will now have to adjust the ownership structure of their businesses, Bloomberg reported.

That means Russian billionaires who own the companies listed abroad won't be able to collect foreign-currency dividends from the depository receipts.

Trading of depositary receipts on foreign exchanges also must cease within days, though the New York Stock Exchange, Nasdaq, London Stock Exchange and other top international bourses had already frozen Russian stocks after Putin launched his war on Ukraine in February.

In addition, the decree that Putin signed means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia.

The ban on overseas listings is the latest blow to Russian billionaires, who have already been targeted by Western sanctions as well as Moscow's own capital controls that restrict the ability to move money abroad.

"The rights of shareholders who believe in Russia and have invested in the Russian market for many years and who cannot hold Russian shares directly, are being hurt," a tycoon told Russian news outlet Kommersant this month. "They have nothing to do with politics, and there is a risk that their property rights will simply be lost."

Meanwhile, the UK's tax authority, HM Revenue and Customs, announced Tuesday that it would revoke the Moscow Stock Exchange's recognized status, piling on to the unprecedented sanctions the British government has placed upon Russia.

Read the original article on Business Insider

More:

Putin signs decree to remove Russian stocks from overseas exchanges in huge blow to the nation's billionaires - Yahoo Finance