U.S. Markets closed

Sources: Real Madrid's Luka Doncic, a potential No. 1 overall pick, declares for 2018 NBA draft

Luka Doncic is arguably the most decorated European player to make a jump to the NBA. (AP)

Potential No. 1 overall pick Luka Doncic of Real Madrid has declared for the 2018 NBA draft, league sources told Yahoo Sports.

Doncic, 19, submitted draft paperwork this week to formally enter his name, league sources said. Doncic is arguably the most decorated European player to make a jump to the NBA, a wunderkind who’s been playing in the EuroLeague since 2015. He is currently leading Real Madrid in the EuroLeague playoffs, averaging 14.9 points, 4.7 rebounds and 4.4 assists this season.

The 6-foot-8 Doncic has the ability to play multiple positions, from being a primary ball-handler to shooting and playmaking off the ball. His season in Europe could continue into late May or June. NBA executives have long been intrigued by Doncic’s potential stardom, and several are continuing to make scouting trips for him.

Doncic, born in Slovenia, has played for Real Madrid since joining its junior team in 2014.

The NBA’s early entry deadline is Sunday night.

More NBA from Yahoo Sports

  • What happens if you win Mega Millions' $970M jackpot?
    News
    Associated Press

    What happens if you win Mega Millions' $970M jackpot?

    Despite the terrible odds — one in 302.5 million for those keeping score at home — someone will eventually match all six numbers and win the Mega Millions jackpot, which now stands at $970 million. Here are some answers for someone holding that prized lottery ticket for what would be the second-largest lottery jackpot in U.S. history. Lottery officials recommend winners take a deep breath, put their winning ticket in a safe spot and consult with a reputable financial planner before popping over to the lottery headquarters.

  • Ford Motor Company Earnings: What to Watch For
    Business
    Motley Fool

    Ford Motor Company Earnings: What to Watch For

    Ford Motor Company (NYSE: F) will report its third-quarter earnings results after the markets close on Oct. 24. Wall Street analysts polled by Thomson Reuters expect Ford to report earnings of $0.30 per share, on average, down from $0.43 in the third quarter of 2017. Ford's F-Series pickups continue to sell well and generate good profits, thanks to high-margin versions like this F-150 Limited.

  • Provocateur Stormy Daniels Takes an Unexpected Turn in the National Spotlight
    Politics
    Time

    Provocateur Stormy Daniels Takes an Unexpected Turn in the National Spotlight

    To understand what it means to be famous like Stormy Daniels, for the reasons she is famous, spend time with her in a public space. On Oct. 15, a California judge threw out the defamation case she filed against Donald Trump. Over the past year, Daniels, 39, has become the Zelig of White House scandals.

  • Employee Accused of Urinating on Production Line at Food Processing Facility
    Business
    WTKR - Norfolk

    Employee Accused of Urinating on Production Line at Food Processing Facility

    Smithfield Foods, Inc. said in a statement Tuesday that it disposed of more than 50,000 pounds of product after reports of an employee urinating at his station at the company’s processing facility in Virginia.

  • The ‘smart money’ says it’s time to buy the Chinese internet giants and the U.S. FAANGs
    News
    MarketWatch

    The ‘smart money’ says it’s time to buy the Chinese internet giants and the U.S. FAANGs

    When the media and investors turn negative on stocks but the “smart money” is bullish, it’s a good time to think about buying. After all, exactly what is the smart money, and how do you know? Lately, several fund managers who pass this test have been pounding the table on Chinese internet names.

  • Is Tilray a Better Marijuana Stock to Buy Than Aurora Cannabis?
    Business
    Motley Fool

    Is Tilray a Better Marijuana Stock to Buy Than Aurora Cannabis?

    Marijuana users are cheering the legalization of marijuana for recreational use in Canada, but it's not just pot advocates who are excited. Investors are also upbeat because the recreational market for marijuana represents a massive opportunity for sales growth for leading Canadian cannabis companies, including Tilray Inc. (NASDAQ: TLRY) and Aurora Cannabis (NASDAQOTH: ACBFF). Medical marijuana has been legal in Canada for years, and while medical marijuana sales total in the hundreds of millions of dollars annually, the potential market opportunity associated with recreational use is significantly bigger.

  • News
    MarketWatch

    Micron to buy out Intel's share in flash memory joint venture for $1.5 billion

    Micron Technology Inc. (mu) said late Thursday it plans to buy out Intel Corp.'s (intc) share of a flash memory joint venture between the two chip makers. Micron expects to pay Intel $1.5 billion for its stake of the IM Flash joint venture. As recently as July, Micron and Intel announced they'd complete work by the first half of 2019 on developing the second generation of 3D XPoint technology, which is meant to improve storage performance and reduce server memory costs.

  • Business
    Reuters

    Nucor profits nearly triples as steel tariffs kick in

    (Refiles to correct link in paragraph two) Oct 18 (Reuters) - U.S. steelmaker Nucor Corp on Thursday reported a third-quarter profit that nearly tripled as a strong U.S. economy and President Donald Trump's hefty tariffs on steel imports

  • Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'
    Finance
    Yahoo Finance

    Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'

    U.S. Treasury Secretary Steven Mnuchin tweeted Thursday that he will not be attending the Future Investment Initiative in Saudi Arabia next week. The news comes after prominent members of the world’s business community have been dropping out of Saudi

  • Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back
    Business
    Motley Fool

    Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back

    Shares of American Airlines Group (NASDAQ: AAL) popped 6.4% in early trading Wednesday before retracting to close the day up less than 1% -- just 0.9%, to be precise. An upgrade assigned to the stock by Deutsche Bank appears to be the primary reason for the move. A Deutsche Bank analyst upgraded American Airlines stock from "hold" to "buy" on Wednesday, as we're told by our friends at StreetInsider.com.

  • Business
    Bloomberg

    Berkshire Sued for Trying to Cripple Duracell Licensee Business

    ESI Cases & Accessories Inc. filed a breach-of-contract suit in state court in Manhattan on Thursday, seeking more than $20 million in damages. The company says Berkshire’s strong-arm tactics caused it to lose all its business with CVS Health Corp. -- a $5 million-a-year customer -- as well as others. ESI has sold Duracell-branded products under a license since 2010, including Apple Inc.-compatible charging cables, and phone cases and headsets, and said it renegotiated its agreement with Duracell’s former parent, Procter & Gamble Co.’s Gillette subsidiary, in 2014.

  • Can You Get the Flu From a Flu Shot? Experts Weigh In
    News
    Fortune

    Can You Get the Flu From a Flu Shot? Experts Weigh In

    Flu season is upon us and the Centers for Disease Control and Prevention is recommending that everyone get a flu shot this year, from ages six months old and up. In short, the answer is no—you cannot get the flu from getting a flu shot, experts say. “No, flu vaccines cannot cause flu illness,” the CDC states.

  • Uber driver charged with kidnapping New York woman
    News
    Associated Press

    Uber driver charged with kidnapping New York woman

    An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, 24, of Queens, was charged in U.S. District Court with kidnapping. "The presumption of innocence remains with my client," Parmar's lawyer, Susanne Brody, told The New York Times at the courthouse after the hearing.

  • Business
    CNBC

    Goldman Sachs sees a correction coming for chipmakers but still likes Nvidia

    "We foresee a cyclical correction approaching and recommend investors to stay selective in Semis," Goldman Sachs said in a note Thursday. Nvidia is Goldman's top choice in the industry. Goldman Sachs warned clients about a downturn coming for the semiconductor sector, but still recommends some chip stocks.

  • Don't Fall Into These 2 Yield Traps: This Stock Is a Better Buy
    Business
    Motley Fool

    Don't Fall Into These 2 Yield Traps: This Stock Is a Better Buy

    For example, USA Compression Partners LP (NYSE: USAC) and CSI Compressco LP (NASDAQ: CCLP) offer investors yields of 12% and 13%, respectively, but they provide a niche service, and results can be volatile. Leverage can be great when things are going well, but can cause problems when times are tough.

  • Call of the day: Netflix
    Business
    Yahoo Finance Video

    Call of the day: Netflix

    Netflix, got not one but two downgrades despite an upbeat earnings report. 

  • Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage
    Finance
    Market Realist

    Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage

    Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage Kinder Morgan’s third-quarter results Kinder Morgan (KMI) announced its third-quarter results on October 17 after the markets closed. The company announced an adjusted EPS of $0.21—up ~40%

  • Jamal Khashoggi Was My Co-Writer and My Friend. Here's the Last Thing He Told Me
    World
    Time

    Jamal Khashoggi Was My Co-Writer and My Friend. Here's the Last Thing He Told Me

    Everyone at the mission, including Jamal’s boss, Prince Turki, the Saudi intelligence chief turned ambassador, referred to him fondly as Uncle Jamal. Jamal was always on the inside track, at some of the very highest levels–and the power of his critique as an informed insider likely contributed to his fate. On that July morning earlier this year, Jamal wanted to talk to me about one of the articles we had composed together for the Washington Post in his early months of exile: “What Saudi Arabia’s Crown Prince Can Learn From Queen Elizabeth II.” Mohammed bin Salman (MBS) had been due for an audience that March in Buckingham Palace on his way to Washington.

  • Musk’s Big China Play Comes as World’s Top Car Market Slows
    Business
    Bloomberg

    Musk’s Big China Play Comes as World’s Top Car Market Slows

    Acquiring the parcel keeps Tesla on track to spend several billion dollars on its first overseas plant in the world’s largest electric-vehicle market. President Donald Trump’s trade war with China has led to higher Chinese tariffs on American imports, stoking concern about an economic slowdown. Tesla fell 1.7 percent to $271.78 in New York trading Wednesday.

  • 7 Stocks Warren Buffett Can’t Stop Buying
    Finance
    InvestorPlace

    7 Stocks Warren Buffett Can’t Stop Buying

    Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers — Warren Buffett. Buffett’s stock picks are a popular source for investors, and for good reason. The billionaire Buffett is many things: He’s among the world’s most successful fund managers, a legendary philanthropist and owns more than 60 companies.

  • What to Know about Verizon’s Growth Prospects
    Finance
    Market Realist

    What to Know about Verizon’s Growth Prospects

    Verizon (VZ), the largest wireless service provider in the United States, is looking to showcase strength as it nears its third-quarter earnings release. The telecommunications company is expected to report its results for the third quarter on October 23. On that day, Verizon is expected to report adjusted EPS of $1.19, which would represent a YoY (year-over-year) rise of ~21.4%. Meanwhile, Wall Street analysts expect Verizon’s total revenue to rise ~2.5% YoY to reach $32.5 billion in the third quarter.

  • The same question that can chart a path to early retirement is the one Warren Buffett used to build Berkshire Hathaway into a powerhouse
    Business
    Business Insider

    The same question that can chart a path to early retirement is the one Warren Buffett used to build Berkshire Hathaway into a powerhouse

    Inversion is a mental model that involves flipping your outlook to prevent the opposite of what you want to happen from happening. Warren Buffett and his business partner Charlie Munger employed inversion as a business strategy to build Berkshire Hathaway into a powerhouse. In a recent podcast with Brandon of the Mad Fientist, who retired early at 34, productivity expert James Clear said the same strategy Buffett used can help set someone on the path for early retirement.

  • The Legal Way Canadian Marijuana Stocks Are Tricking Investors
    World
    Motley Fool

    The Legal Way Canadian Marijuana Stocks Are Tricking Investors

    Following nine decades of prohibition, recreational marijuana is officially legal in Canada, albeit the extent of who can buy, whether the plant can be homegrown, and where product can be purchased really depends on the province. The important fact here is that legalization is expected to usher in billions of dollars of added annual revenue to the industry. This expectation of a surge in sales -- Wall Street is looking for approximately $5 billion in added annual revenue once the industry is up to speed -- is what's behind the more than two-year rally in marijuana stocks.

  • Ford's giving a few more people a chance to buy its $500K GT supercar
    Finance
    American City Business Journals

    Ford's giving a few more people a chance to buy its $500K GT supercar

    Ford Motor Co. is planning to make a few more of its ultra-expensive GT supercars. Citing "unprecedented" demand, the automaker (NYSE: F) on Thursday said it's increasing the production of the Ford GT from an initial run of 1,000 cars to 1,350 cars. The car doesn't come without its problems: Last week, Ford said it's recalling about 200 of the cars it's made so far because there's a risk they might catch on fire.

  • Aurora Cannabis stock leads sector higher after news it will start trading on NYSE next week
    News
    MarketWatch

    Aurora Cannabis stock leads sector higher after news it will start trading on NYSE next week

    Canadian marijuana company Aurora Cannabis Inc.’s shares rose about 4% Thursday after it said shares have been approved for trading on the New York Stock Exchange starting October 23. The stock (CA:ACB)(CA:ACB) which is currently trading on the over-the-counter market, will trade under the ticker symbol “ACB”. The shares are also traded on the Toronto Stock Exchange.