Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government r
Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government restrictions on gambling in the region, which could turn gambling stocks from steady growth stocks to risky bets overnight.
The impact was swift on the stock market. Shares of Wynn Resorts (NASDAQ:WYNN) fell as much as 13.8%, Las Vegas Sands (NYSE:LVS) dropped 13.9%, and Melco Resorts &....More>>>
Hong Kong’s economy continues to defy gravity, for now.
The world’s least-affordable property prices continue to hold up, tourism and shopping have rebounded as China’s economy hums along, and a bustling stock market that’s set to boast one of the world’s-biggest stock offerings this year is buoying sentiment.
Data Friday is expected to show the Asian financial hub grew 3.4 percent from a year earlier in the first quarter. But that may be as good as it gets.
The gradual tightening of policy by the U.S. Federal Reserve is starting to bite,....More>>>
It’s important for investors to know how to invest in penny stocks safely. That’s because they’re often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We’ll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…
Video3 Strategies for Investing in Penny Stocks
If you’re looking for proof of just how explosively profitable penny stocks are, Delcath Systems Inc. (Nasdaq: DCTH) is a perfect piece of....More>>>
It may not be seen as a leader in renewable energy, but Colorado has quietly become one of the most ambitious states in the Lower 48 when it comes to modernizing its electric grid. It was the first state to adopt a Renewable Energy Standard for its electricity consumption by referendum. It also has the second-strictest 2020 targets of any state, mandating that investor-owned utilities generate 30% of their power from renewable sources — and that 3% of that must come from distributed generation, such as rooftop solar.
Xcel Energy (NASDAQ:XEL), which owns one of two investor-owned....More>>>
Yes Bank stock has crashed more than 50 percent in last one month wiping out more than Rs 4,600 crore in market capitalisation. It fell as much as 9 percent on Friday to hit fresh 52-week low of Rs 184.45.
It was quoting at Rs 189.30, down Rs 13.90, or 6.84 percent, on the BSE at 10:50 hours IST. It has been the biggest loser among Nifty50 stocks in last one month.
In the dock for under-reporting bad loans, Yes Bank has denied any “window dressing” of corporate loans to conceal its non-performing asset (NPA) status.
Yes Bank further said its gross NPA ratios....More>>>
While vaccinations continue to support the recovery, the number of infections from the delta variant has shaken people up quite a bit. As a result, investors could be feeling incrementally more cautious about reopening plays.
Added to that are concerns about the end of government sup
Uber (NYSE:UBER) and DoorDash (NYSE:DASH) are fierce rivals in the online food delivery market. Uber Eats, which was launched in 2014 to complement Uber's core ride-hailing business, now operates in more than 6,000 cities across 45 countries. It also acquired Postmates last December to boost it
It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful (and fru
Terreno Realty (TRNO Quick QuoteTRNO ) recently announced the execution of a lease with a global logistics and supply-chain provider for a property in Gardena, CA. The lease for the 114,000 square feet of space will begin upon expiration of the current lease on Jan 31, 2022. Precisely,
Sanderson Farms, Inc. (NASDAQ:SAFM) has been given an average rating of "Hold" by the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on