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CNN —The Seattle Seahawks cruised past the New York Giants with a blowout 24-3 victory at MetLife Stadium on Monday. The Seahawks built the win off the back of a strong defense, ending the game with a franchise record-equaling 11 sacks – including 10 sacks on Giants quarterback Daniel Jones. Linebacker Bobby Wagner led the way for the Seattle defense – tallying 17 tackles and two sacks – while Jordyn Brooks, Devon Witherspoon and Uchenna Nwosu tallied two sacks each. “We’re not a finished product, we’re just getting rolling,” said Seahawks head coach Pete Carroll. “We had a good week [in practice],” Giants head coach Brian Daboll told reporters.
Persons: Daniel Jones, Bobby Wagner, Jordyn Brooks, Devon Witherspoon, Uchenna Nwosu, Witherspoon, Jones, “ We’re, , Pete Carroll, , Sarah Stier, Carroll, “ I’ve, Jamal Adams, , “ He’s, he’ll, Geno Smith, DK Metcalf, Noah Fant, Kenneth Walker III, Smith, Isaiah Simmons ’, Al Bello, Brian Daboll, didn’t, We’ve Organizations: CNN, The Seattle Seahawks, New York Giants, MetLife, Seahawks, Giants, Seattle, NFL, ESPN, ” Giants, Miami Dolphins, Buffalo Bills, Cincinnati Bengals
NFL roundup: Dolphins score 70 points in routing Broncos
  + stars: | 2023-09-25 | by ( ) www.reuters.com   time to read: +10 min
Russell Wilson completed 23 of 38 passes for 306 yards with a touchdown and an interception for the Broncos (0-3), who lost three turnovers. Justin Herbert completed 40 of 47 passes for 405 yards and three touchdowns for the Chargers (1-2). Kirk Cousins completed 32 of 50 passes for 367 yards, three touchdowns and an interception for Minnesota (0-3). Desmond Ridder, under constant pressure from the Lions defense, completed 21 of 38 passes for 201 yards. Trevor Lawrence completed 27 of 40 passes for 279 yards, one touchdown and one interception for the Jaguars.
Persons: Achane, Nathan Ray Seebeck, Raheem Mostert, Tua Tagovailoa, Tagovailoa, Tyreek Hill, Russell Wilson, Kenneth Murray Jr, Justin Herbert, Keenan Allen, Mike Williams, Kirk Cousins, Justin Jefferson, Cousins, Murray, Joshua Dobbs, Dobbs, Jonathan Gannon, Dak Prescott, Tony Pollard, Prescott, Kyzir White, Deshaun Watson, Amari Cooper, Elijah Moore, Ryan Tannehill, Derrick Henry, Cleveland's Myles Garrett, Tannehill, Jared Goff, Goff, Lions wideout Amon, Ra St, Brown, Sam LaPorta, Desmond Ridder, Bijan Robinson, Jordan Love, Love, Rashan Gary, Carr, Blake Grupe, Derek Carr, Jameis Winston, Andrew Beck, Stroud, Tank Dell, Brevin Jordan, Dameon Pierce, Blake Cashman, Will Anderson, Trevor Lawrence, Tank Bigsby, Christian Kirk, Travis Etienne Jr, Sam Howell, Josh Allen, Stefon Diggs, Terrel Bernard, Howell, Matthew Judon, Mac Jones, Ezekiel Elliott, Zach Wilson, Judon, Mekhi Becton, Wilson, Matt Gay's, Lamar Jackson's, Zack Moss, Moss, Gardner Minshew, Anthony Richardson, Jackson, Patrick Mahomes, Isiah Pacheco, Mahomes, Jerick McKinnon, Travis Kelce, Justin Fields, Fields, Kenneth Walker III, Jason Myers, Walker, Seattle's Geno Smith, Jake Bobo, DK Metcalf, Andy Dalton, Bryce Young, Dalton, Adam Thielen Organizations: Miami Dolphins, Denver Broncos, Miami, Broncos, Chargers, Vikings, Minnesota, Cardinals, Cowboys, NFL, New York Giants, New York Jets, Browns, Tennessee, Lions, Falcons, Detroit, Atlanta, Packers, Saints, Green, New, Lambeau, Texans, Jaguars, Jacksonville, AFC, Houston, Bills, Buffalo, Patriots, Jets, The Patriots, AFC East, Denver, New York, Colts, Ravens, Baltimore, Indianapolis, Chiefs, Bears, Kansas City, skidding Chicago . Kansas City, Chicago, Seahawks, Panthers, Seattle, Carolina, Thomson Locations: Miami Gardens , Florida, USA, Miami Gardens, Fla, Miami, Los Angeles, Minneapolis, T.J, Arizona, Dallas, Glendale, Ariz, Cleveland, Tennessee, New Orleans, Green, C.J, Houston, Washington, New England, New York, East Rutherford, N.J, Kansas, Indianapolis, skidding Chicago .
The growing reach of the Chinese military has the US Air Force worried about its bases. Air Force special operators are widening the search, seeking more roads and even beaches to land on. AdvertisementAdvertisementA Royal Air Force Atlas A400M lands on a beach during at Pembrey Sands in Wales in June 2023. Royal Air ForceNew technology and eventually new aircraft are also helping to expand Air Force Special Operations Command's "runway-agnostic options." Air Force officials say that capability allows the MQ-9s to go to more bases and reduces the number of airmen needed for support.
Persons: Tony Bauernfeind, Bauernfeind, Al Udeid, Kenneth Wilsbach, we're, Command Bauernfeind, We're Organizations: US Air Force, Air Force, Service, Force Special, Command, The Air Force, Agile, Employment, Pacific, Air Force Special Operations Command, Operations Command, Air and Space Forces Association, Christopher Quail, US Air Forces, Royal Air Force Atlas, Royal Air Force, US Air Force Special, DARPA Locations: Wall, Silicon, Europe, Washington, Bagram, Kandahar, Balad, Al, Tinian, Palau, Michigan, Wyoming, Texas, Pembrey Sands, Wales
CNN —If Week 1 is the week of overreaction, Week 2 is when we begin to see patterns emerging. Chiefs back to winning waysAs is tradition, the reigning Super Bowl champions played in the season-opening game in Week 1. But, after having some time to recalibrate, the Chiefs got back to winning ways in Week 2, beating the Jacksonville Jaguars 17-9. “Our team is connected, our team has played its heart out in two games, and we’ve lost two tough games. It has nothing to do with the Jacksonville game and, if you ask anyone in our locker room, it has nothing to do with the Jacksonville game.
Persons: Patrick Mahomes, Nathan Ray Seebeck, Skyy Moore, Travis Kelce, Doug Pederson’s, Chris Jones, Bowler Jones, Jones, Malik Herring, Mike Carlson, I’m, Andy Reid, , We’ll, , Nick Folk’s, Tyler Lockett’s, Ryan Tannehill, Derrick Henry, It’s, Brandon Staley isn’t, hasn’t, ” Staley, you’ve, we’ve, it’s, We’ve, Geno Smith, Lockett –, Kenneth Walker, Lockett, Gregory Shamus, Jared Goff, Tre Brown, Smith, kickstart, Alex Kemp, Kemp, Aaron Rodgers, Zach Wilson –, Wilson, , Micah Parsons –, Garrett Wilson, he’s, Rodgers, Parsons, Tim Heitman, Robert Saleh, ” Saleh, Dak Prescott Organizations: CNN, NFL, Chiefs, Super Bowl, Kansas City Chiefs, Detroit Lions, Jacksonville Jaguars, Reuters, Jaguars, Jacksonville, ” Chiefs, Tennessee Titans, Seattle Seahawks, Titans, Seahawks, Los Angeles Rams, Los Angeles Chargers, Lions, Chargers, Seattle, Getty Images, ” Cowboys, Jets, New York Jets, Rodgers, Dallas Cowboys, The Cowboys, Cowboys, ” Jets, Green Bay Packers, Atlanta Falcons Las Vegas Raiders, Buffalo Bills Baltimore Ravens, Cincinnati Bengals Seattle Seahawks, Detroit Lions Indianapolis Colts, Houston Texans Kansas City Chiefs, Jacksonville Jaguars Chicago Bears, Tampa Bay Buccaneers Los Angeles Chargers, Tennessee Titans New York Giants, Arizona Cardinals San Francisco 49ers, Los Angeles Rams New York Jets, Dallas Cowboys Washington, Denver Broncos Miami Dolphins, New England Patriots Locations: Kansas, America, LA, Dallas
NFL roundup: Chiefs get back on winning track against Jaguars
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +10 min
Mahomes threw touchdown passes to Skyy Moore and Travis Kelce as the Chiefs (1-1) rebounded from a season-opening 21-20 loss to the Detroit Lions. Jones threw a 9-yard touchdown pass to Saquon Barkley and an 11-yard touchdown pass to Isaiah Hodgins, then drove New York 56 yards to Graham Gano's winning 34-yard field goal with 19 seconds remaining. In his third NFL start -- all Washington wins -- Howell completed 27 of 39 passes to fuel the Commanders' rally. Seahawks 37, Lions 31 (OT)Geno Smith connected with Tyler Lockett on a 6-yard touchdown pass in overtime to give visiting Seattle a victory over Detroit. Burrow aggravated his right calf injury on his second touchdown pass late in the fourth quarter.
Persons: Patrick Mahomes, Morgan Tencza, Mahomes, Skyy Moore, Travis Kelce, Kelce, Chris Jones, George Karlaftis, Jones, Trevor Lawrence, Christian Kirk, wideouts Zay Jones, Calvin Ridley, Daniel Jones, Saquon Barkley, Isaiah Hodgins, Graham Gano's, Joshua Dobbs, Kyler Murray, James Conner, Sam Howell, Brian Robinson, Howell, Robinson, Russell Wilson, Mary, Brandon Johnson, Benjamin St, Juste, Courtland Sutton, Wilson, Sean Payton, Geno Smith, Tyler Lockett, Smith, Lockett, Kenneth Walker, Riley Patterson, Jared Goff, Goff, Tre Brown, Gardner Minshew, Anthony Richardson, Richardson, Minshew, C.J, Stroud, Nico Collins, Tank Dell, Josh Allen, Allen, James Cook, Gabe Davis, Jimmy Garoppolo, Josh Jacobs, Davante Adams, Arthur Smith, Younghoe Koo, Bijan Robinson, Koo, Desmond Ridder, Drake London, Jordan Love, Jayden Reed, Ryan Tannehill, Nick Folk, Derrick Henry, Nick Westbrook, Cameron Dicker's, Justin Herbert, Keenan Allen, Austin Ekeler, Lamar Jackson, Joe Burrow, Burrow, Jackson, Nelson Agholor, Tee Higgins, Baker Mayfield, Mike Evans, Justin Fields, Fields, fumbling, Joe Tryon, Shoyinka, White, Dak Prescott, Brandon Aubrey, Prescott, Aaron Rodgers, Achilles, Zach Wilson, Garrett Wilson, Christian McCaffrey, San, Brock Purdy, Nacua, Matthew Stafford Organizations: Kansas City Chiefs, Jacksonville Jaguars, EverBank, Chiefs, Detroit Lions, Kansas, Jaguars, Giants, Cardinals, New York, Arizona, Broncos, Washington, NFL, Denver, Seahawks, Lions, Seattle, Detroit, Colts, Texans, Indianapolis, Houston, Bills, Raiders, Buffalo, Falcons, Packers, Atlanta, Green, Chargers, Tennessee, Los Angeles, The Chargers, Ravens, Bengals, Baltimore, Cincinnati, Buccaneers, Bears, Tampa Bay, Bucs, Tampa, Cowboys, Jets, Dallas, New, 49ers, Rams, Los, Thomson Locations: Jacksonville , Florida, USA, New York, Denver, Las, Orchard Park, N.Y, Green Bay, Green, Los, Nashville, Tenn, Tennessee, Tannehill, Ikhine, Cincinnati, Chicago, Tampa Bay, Arlington , Texas, San Francisco, Los Angeles, Inglewood , Calif
Harvard professor Dehlia Umunna told The Post that the Trump team citing the "Scottsboro Boys" case was "unbelievably juvenile." The Scottsboro case attracted widespread attention. AdvertisementAdvertisementDehlia Umunna, a professor at Harvard Law School, recently told The Washington Post that it was "unbelievably juvenile" for the Trump team to cite the Scottsboro case. Kenneth W. Mack, a professor of law and an affiliate professor of history at Harvard University, told The Post that the Scottsboro case is "one of the landmarks of American law." "What we didn't do in any way in our briefing was suggest that there are any parallels back to the factual circumstances of the Powell case with President Trump's case."
Persons: Powell, SCOTUS, Dehlia Umunna, Donald Trump's, falsly, Trump, Tanya Chutkan wasn't, Chutkan, , Kenneth W, Mack, John Lauro, Trump's Organizations: . Alabama, Post, Trump, Service, Harvard Law School, Washington Post, Scottsboro, Harvard University, CNN, Powell v . Alabama Locations: ., Wall, Silicon, Powell, Powell v .
However, over half of the sequences within the Y chromosome, the smallest and most complicated of the 46 human chromosomes, remained unknown. Now, the same group of researchers has filled in the missing information, publishing a complete Y chromosome sequence Wednesday in the journal Nature. “This new analysis will allow us to better understand the regions of the Y chromosome that have regulatory functions and may encode mRNA and proteins.”Many people begin to lose their Y chromosome in some of their cells as they age, particularly those cells that undergo rapid turnover, such as blood cells. Having a complete Y chromosome genetic reference may help scientists and doctors further explore this potential link. “However, it has been questioned whether loss of the Y chromosome is a biomarker of biological aging or whether loss of the Y chromosome has a direct effect on the health of men,” he said.
Persons: , Monika Cechova, Cechova, Kenneth Walsh, ” Walsh, Walsh, it’s, ” Cechova, Charles Lee Organizations: CNN —, University of California, University of Virginia School of Medicine, Human Genome Research, T2T Consortium, Jackson Laboratory, Genomic Medicine Locations: Santa Cruz
Late Thursday, the companies announced that Coinbase had taken a minor equity stake in Circle, which includes a 50/50 revenue share of interest income going forward. "Centre will no longer exist as a stand-alone entity and Circle will remain as the issuer of USDC, bringing any Centre governance and operations responsibilities in-house." The U.S. stablecoin market has been held back by regulatory uncertainty this year, and the market cap for USDC has dropped nearly 42% since the start of the year, according to CryptoQuant. "All else is in fact not equal as [the] USDC market cap has drifted lower through 2Q23 and interest rates are subject to change." "The Circle equity stake deepens COIN's exposure to a dwindling asset class … casting doubt about the standalone business model of stablecoins."
Persons: Coinbase, they're, Alex Markgraff, JPMorgan's Kenneth Worthington, USDC, Ramsey El, Assal, They're, Dan Dolev Organizations: Wall Street, Key, Barclays, U.S ., Mizuho, PayPal Locations: U.S, Key Banc, stablecoins
The state law – which is commonly referred to as RICO – is similar to the federal version of the statue that targets so-called criminal enterprises. RELATED: Former President Donald Trump’s fourth indictment, annotated“Federal RICO is a very big deal. Georgia RICO is a different animal. “The point is, it’s used very aggressively there.”For Fulton County District Attorney Fani Willis, the law has been her calling card. Like the others, Giuliani is also charged under the Georgia RICO law.
Persons: Donald Trump, Donald Trump’s, it’s, , Kenneth White, Fani Willis, she’s, Young, ” Willis, , Trump, Willis, Andrew Fleischman, Rudy Giuliani, Giuliani, ” Giuliani, CNN Willis, RICO Willis, Young Thug, Gang, Fulton Organizations: Washington CNN, Peach State, District of Columbia, Prosecutors, Trump, Georgia House, Senate, Southern, of, New York Times, CNN, CNN Willis ’, Atlanta Public School Locations: Georgia, Fulton County, Atlanta, Peach, Fulton County , Georgia, State of Georgia, Arizona , Michigan, Nevada , New Mexico , Pennsylvania, Wisconsin, District, Pennsylvania , Michigan, Arizona, Wisconsin , Arizona, of New York, Washington
The firm upgraded Blackstone shares at the start of 2023 on the belief that investors were over-penalizing Blackstone for its outflows in its Real Estate Income Trust division. "For the multiple to expand further, we'd want to see organic growth supported again by perpetual fund growth, which is currently weighed down by a depressed sentiment for real estate investing." Blackstone shares have rallied nearly 45% year to date. Worthington added that speculation over the stock being added to the S & P 500 has also fueled its rise. To be sure, Worthington thinks the real estate sector will likely "require a drop in rates to see a substantial improvement."
Persons: it'll, Blackstone . Blackstone, Kenneth Worthington, Worthington, Blackstone, — CNBC's Michael Bloom Organizations: JPMorgan, Blackstone ., Blackstone, Income
(Reuters) - A U.S. Patent Office tribunal ruled for Intel Corp on Tuesday on the chipmaking giant’s bid to invalidate a patent that represented $1.5 billion of a $2.18 billion verdict it lost to VLSI Technology LLC in 2021. REUTERS/Dado Ruvic/Illustration/file photoThe Patent Trial and Appeal Board invalidated the computer chip-related patent after canceling another VLSI patent that accounted for the remainder of the Texas federal court verdict last month. A jury ruled for Intel in 2021 in another Texas patent case in which VLSI had sought $3.1 billion in damages. The patent board proceeding decided on Tuesday was initiated by South Dakota-based Patent Quality Assurance LLC. The case is Patent Quality Assurance LLC v. VLSI Technology LLC, Patent Trial and Appeal Board, No.
Persons: Dado Ruvic, Kathi Vidal, OpenSky, Benjamin Fernandez, Wilmer Cutler Pickering Hale, Dorr, Bruce Slayden, Slayden Grubert, Babak, Kenneth Weatherwax, Weatherwax Read Organizations: Reuters, U.S . Patent, Intel Corp, VLSI Technology, REUTERS, U.S ., Appeals, Federal Circuit, Intel, SoftBank Group Corp, Fortress Investment Group, Assurance, OpenSky Industries, Lowenstein, Tech Locations: Texas, Delaware, Northern California, South Dakota
The Patent Trial and Appeal Board invalidated the computer chip-related patent after canceling another VLSI patent that accounted for the remainder of the Texas federal court verdict last month. A jury ruled for Intel in 2021 in another Texas patent case in which VLSI had sought $3.1 billion in damages. The patent board proceeding decided on Tuesday was initiated by South Dakota-based Patent Quality Assurance LLC. An attorney for Patent Quality Assurance did not immediately respond to a request for comment. The case is Patent Quality Assurance LLC v. VLSI Technology LLC, Patent Trial and Appeal Board, No.
Persons: Kathi Vidal, OpenSky, Benjamin Fernandez, Wilmer Cutler Pickering Hale, Dorr, Bruce Slayden, Slayden Grubert, Babak, Kenneth Weatherwax, Weatherwax Read, Blake Brittain Organizations: Intel, USPTO, U.S . Patent, Intel Corp, VLSI Technology, U.S ., Appeals, Federal Circuit, SoftBank Group Corp, Fortress Investment Group, Assurance, OpenSky Industries, Lowenstein, Tech, Thomson Locations: Texas, Delaware, Northern California, South Dakota, Washington
Despite Coinbase Global 's better-than-expected quarter , many analysts remain cautious on the crypto exchange's longer-term outlook, viewing the regulatory and legal backdrop as a major obstacle for shares. But even with this seemingly intact near-term outlook, Wells Fargo's Jeff Cantwell warned that both the medium and long-term trajectory appears constrained, calling the regulatory backdrop a "major roadblock." COIN 1D mountain Coinbase shares pop on earnings Cantwell reiterated an underweight rating on the stock. An uncertain regulatory outlook One of the biggest concerns for analysts is the uncertain regulatory environment for the company. Nance has a sell rating on Coinbase shares.
JPMorgan said a move away from banking services could boost long term-growth for Charles Schwab stock. The firm reiterated an overweight rating on the stock on Friday, with a price target of $85 per share. But JP Morgan thinks that Schwab could benefit from de-banking, or moving away from banking services altogether. Worthington added that while the process of de-banking would put pressure on earnings, the move could lead to Schwab stock trading at a higher multiple. "At 20x, a de-banked 2024 projection of $3.20, we arrive at a value of $64 per share, noticeably higher than the current stock price," he said.
The prospective class action complaint, filed in 2021 by two members of the annual paid subscription service Amazon Prime, alleged Amazon was unlawfully "tying" the online sale of third-party products to the use of the company's "Fulfillment by Amazon" program. The lawsuit said Amazon's alleged anticompetitive fulfillment practices had harmed "hundreds of millions of its loyal customers." Amazon's attorneys argued that fulfillment services are sold not to consumers who buy products but to third-party businesses that are selling goods on the company's platform. The antitrust case against Amazon was among private and state actions alleging violations of competition law. The case is Angela Hogan et al v. Amazon.com Inc, U.S. District Court, Western District of Washington, No.
Donald Trump and Ron DeSantis are top of mind at the 2023 Conservative Political Action Conference. CPAC participants suspect 2024 will come down to those two, while others vie for the VP slot. 'An interesting race'Rory McSchane, a GOP political strategist from Austin, Texas is in the more the merrier camp. "My sincere hope is that she would be the vice president," Yadeta said of having Haley round out the 2024 ticket. Should Scott wind up taking the plunge, Bencosme said she could see herself supporting him in the GOP primary — and possibly beyond.
Police officers involved in the deaths have become an intense focus of investigation, protest, and media coverage. Despite being at the heart of some of the most defining incidents in modern policing, most of the officers involved continue to live their lives under the radar. Insider's review of 72 cops involved in two dozen of the most notorious police killings of the past 30 years shows the many different paths officers have taken. There's no nationwide view into what happens to officers involved in egregious incidents of violence. In rare cases, cops involved in these killings have tried to publicly rehabilitate their image rather than seek out anonymity.
JPMorgan upgrades Blackstone, calls it 'best in class'
  + stars: | 2023-01-24 | by ( Michelle Fox | ) www.cnbc.com   time to read: +2 min
JPMorgan Chase upgraded Blackstone to overweight from neutral on Tuesday, calling the money manager "best in class." The call comes on the heels of the recent controversy over Blackstone 's private real estate investment trust. Blackstone shares dropped after news of the redemption limits in December, dropping 8% in five days and ultimately ending 2022 down nearly 43%. "Blackstone remains best-in-class and an intermediate and longer term winner, so it could hold up near-term better than feared," he said. The BREIT structure remains credible and Blackstone will likely launch new retail products to leverage the success of the non-traded structure, he added.
Despite the uncertainty surrounding the market to start the new year, Wall Street analysts see several stocks they like going forward. CNBC Pro combed the top 2023 picks from nine research firms to find the most common stocks between them. AMZN 1Y mountain Amazon in past year Another top pick shared among several analysts is brokerage Charles Schwab . "We like Schwab going into 2023 because of the downside protection and multiple avenues of upside it offers," wrote JPMorgan's Kenneth Worthington. Domino's Pizza , meanwhile, was named a top pick at Bank of America and BTIG after a tough year.
NFL roundup: 49ers clip Raiders in OT, win 9th straight
  + stars: | 2023-01-02 | by ( ) www.reuters.com   time to read: +12 min
Jones completed 19 of 24 passes for 177 yards and had 11 carries for a team-high 91 rushing yards. Buccaneers 30, Panthers 24Tom Brady threw three touchdown passes to Mike Evans and orchestrated a fourth-quarter comeback as Tampa Bay clinched the NFC South by beating visiting Carolina. Jerick McKinnon caught two touchdown passes and Blake Bell also made a scoring grab for the Chiefs (13-3). Cooper caught touchdown passes of 46 and 33 yards and running back Nick Chubb had 104 yards on 14 carries. Seahawks 23, Jets 6Geno Smith threw two touchdown passes as Seattle remained in the playoff race with a win against visiting New York.
Beijing has used both natural and artificial islands to build up its military capabilities in the area. Island airbasesAn airfield, buildings, and structures on the artificial island built by China at Subi Reef on October 25. Port for Chinese warshipsAn airfield, buildings, and structures on the artificial island at Fiery Cross Reef on October 25. More than 40 vessels of different types appear to be anchored near Fiery Cross, the Associated Press said in March. These islands have sports fieldsAn airfield, buildings, and recreational facilities on the artificial island at Fiery Cross Reef on October 25.
An American college student has been reported missing by his family while studying abroad in France. The parents of 22-year-old Ken DeLand Jr. have set up a website in an effort to share information about their son, who they say has been missing since last month. The family says they “fear the worst and want him to be located.”DeLand Jr. was studying at the University Grenoble Alpes in France through a study abroad program. DeLand Jr. was last seen making a purchase at 9 a.m. on Dec. 3, 2022. A surveillance camera captured DeLand Jr. entering a sports store in Montelimar in southeast France on Dec. 3, where he made a purchase for $8.40, according to the parents.
Nevertheless, crypto trading services such as those offered by Coinbase , SoFi and Robinhood are likely to suffer a lull nevertheless as retail and institutional investors alike exit the market or try and move past their fear of another upheaval. "We are updating our model to reflect a 'lower for longer' assumption, particularly as it pertains to retail trading," Budish said. SoFi in a unique position This week, Democratic senators urged regulators to look into SoFi's trading activity as Washington attempts contemplates acting on FTX's spectacular collapse. SoFi has said its crypto revenue exposure is immaterial, it's compliant with regulators, doesn't do any crypto lending and had no exposure to FTX. However, it's possible that SOFI may find itself more heavily regulated with potential for incremental capital and liquidity requirements."
NFL roundup: Jets stun Bills in AFC East showdown
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +8 min
[1/5] Nov 6, 2022; East Rutherford, NJ, USA; Buffalo Bills quarterback Josh Allen (17) throws in the first half against the New York Jets at MetLife Stadium. New York quarterback Zach Wilson completed 18 of 25 passes for 154 yards and a 7-yard touchdown pass to James Robinson in the third quarter. Panthers quarterback PJ Walker threw for nine yards in the first half until previous starter Baker Mayfield threw two touchdown passes in relief. Lions 15, Packers 9Jared Goff threw two touchdown passes and host Detroit snapped a five-game losing streak while handing Green Bay its fifth straight loss. Seahawks 31, Cardinals 21Geno Smith threw two touchdown passes while overcoming a pick-6 to lead Seattle past Arizona in Glendale, Ariz.
Active user jump Where analysts see the potential for optimism in Coinbase's report is in its reported active monthly users. While active monthly users dipped in the quarter to 8.5 million from 9 million, the company handily beat Wall Street's expectations of 7.84 million monthly active users. Budish also lowered his price target after management's guidance but maintained his equal weight rating on the Coinbase. The result was that lower trading volume drove Coinbase trading revenue to the lowest level since becoming a public company." Cowen has an outperform rating on shares of Coinbase and a $75 price target, albeit down from an earlier $85.
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