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
One day many years ago, I found myself stuck in traffic and noticed a peculiar sign. It said something about the construction that was going on — the very thing that was hampering my commute.
It said all this construction was being funded by a bond. This was before I had ever started my career in finance, so bonds were an unfamiliar thing. But when I began my investment career, I soon realized that I could actually invest in these things. And the more I learned, the more I was ecstatic.
After all, If you can’t beat ’em, might as well make money off them…
Amaya’s stock has been on a wild roller coaster ride this year, with catalysts ranging from the CEO (David Baazov) being accused of insider trading, to takeover rumors, to failed mergers and now a formal bid by the aforementioned CEO. There have certainly been a lot of hopes and headaches, but I believe there is a strong underlining long case to be made on Amaya. I wrote a blog post about it the day before it released its Q3 earnings, my basic argument was that it is intrinsically undervalued due to market overreaction on merger discussions and there was still the possibility of a buyout....More>>>
The fact that gaming is no longer just gaming continues to benefit esports stocks. Esports, or competitions centered on video gaming, has reached new heights in popularity. Since Activision (NASDAQ:ATVI) created its Overwatch League for competitive gaming, esports have increased in popularity.
Over 360 million watched streamed video of the League of Legends competition. Since then, Arlington, Texas — already home to both the Dallas Cowboys and the Texas Rangers — will construct another sporting facility as it builds the largest arena in the country dedicated to esports. Further,....More>>>
U.S. stock were trading tepidly lower Thursday, in choppy early moves, as investors remained tentative ahead of a key meeting between President Donald Trump and his Chinese counterpart Xi Jinping.
Thursdays action follows the biggest one-day reversal for equities in more than a year in the previous session which was triggered in part by the Federal Reserves admission that it will start unwinding its balance sheet sooner than expected.
Top 5 High Tech Stocks To Buy For 2019: National Health Investors, Inc.(NHI)
I never believed record low interest rates perpetrated by the Fed and the Obama administration would spur the economy long term. Declining rail volume has confirmed my bias. For the first 40 weeks of 2016, total carloads for the U.S. and Canada were down Y/Y by 6.9% and 5.7%, respectively. That does not bode well for Union Pacific (NYSE:UNP), which is dependent upon rail volume.
Revenue Declines Continue Unabated
The company’s top line continues to decline – Q3 freight revenue of $4.8 billion fell 7% Y/Y, in line with declines for the industry.....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