By Daniel Kline The CEO of electric-vehicle leader Tesla wants to make his mark on Sin City. Elon Musk and Las Vegas fit in the way that oddities like Carrot Top and Tape Face have made the city their home. Things that seem odd elsewhere fit easily in …
Rivian Slumps. Can It Pull Off a Turnaround as Tesla Did?
By Luc Olinga Rivian’s share price has fallen sharply, and after walking back an ill-advised price increase, the EV maker has a tough slog ahead. Everything seems to be going against Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report. Until rec…
Walt Disney Bets Big On Area It Once Would Not Touch
By Daniel Kline The Mouse House used to avoid even commenting on this and now it’s getting into the business. Walt Disney (DIS) – Get Walt Disney Company Report the company no longer operates under the same family-friendly standards that Founder Walt D…
When Does Well-Known Economist See Recession Hitting?
By Dan Weil The Federal Reserve is the key to answering that question, he said. The Fed began raising interest rates Wednesday. Inflation is on a rampage, with consumer prices soaring 7.9% in the 12 months through February. The rise in commodity prices…
Robinhood Takes a Shot at Fidelity, E-Trade With New Tool
By Riley Gutiérrez McDermid Traders have been looking forward to passive earning for quite a while. Robinhood, the trading app used by many retail traders during the meme-stocks frenzy that began in 2020, is once again taking on its more traditional co…
Tesla, GM and Ford Want to Sell More EVs. But Can Consumers Afford Them?
By Vidhi Choudhary Electric cars were always a costly premise for both automakers and consumers Four years back Tesla’s (TSLA) – Get Tesla Inc Report charismatic Chief Executive Elon Musk had offered customers a lower cost, mid-range Tesla Model 3 seda…
Crypto Regulation Hits a Bipartisan Roadblock in Washington
By Tony Owusu The SEC may be using too much paperwork when it opens investigations into crypto traders. So far, 2022 has been the year of crypto regulation. Money poured into cryptocurrency at the outset of the coronavirus pandemic in 2020 and continue…
Oakland A’s Move Closer to Hitting the Las Vegas Strip
By Daniel Kline The Las Vegas Golden Knights and Raiders may soon have some company and that’s very good new for Strip leaders Caesars and MGM. For a very long time professional sports avoided Las Vegas because the city allowed betting on games. That’s…
Billionaires Saylor, Novogratz Praise Bitcoin After Fed Decision
By Rob Lenihan The two billionaires are bitcoin evangelists in which their respective companies have invested The luck of Irish was with bitcoin Thursday, aka St. Patrick’s Day, and two billionaire crypto supporters celebrate earning of the green. Mich…
Starbucks Stock: Onward and Upward With Howard Schultz Back as CEO?
By Bret Kenwell Starbucks stock is trying to rally with Howard Schultz returning as CEO. However, the move is not that convincing yet. After dipping to 52-week lows earlier this weeks, shares of Starbucks (SBUX) – Get Starbucks Corporation Report shot …