By Riley Gutiérrez McDermid For bigger players, the cost of oil will have a much larger impact on their operations. The skyrocketing price of fuel, large chunk of closed airspace and the remaining problems omicron brought to the industry are hitting th…
Las Vegas Strip Makes a Major Post-Covid Move
By Michael Tedder Caesars, MGM, and Resort World have brought back an important part of the Las Vegas experience. Shortly after Nevada legalized gambling in the 1930s and the construction of the Hoover Dam brought both economic prosperity and an ineffa…
Beyond Meat Stock: Buy the Dip? The Chart Holds a Clue.
By Bret Kenwell Beyond Meat stock is getting hit after the earnings report. It’s holding a key area on the chart but bulls must still be careful. It has not been a very smooth ride for Beyond Meat (BYND) – Get Beyond Meat, Inc. Report lately. The stock…
Cathie Wood’s Ark Keeps Buying Depressed Tech Stocks
By Dan Weil It snapped up Tesla, Coinbase and Zoom Thursday. Tesla is the No. 1 holding in Ark’s flagship Ark Innovation ETF. Investment star Cathie Wood, CEO of Ark Investment Management, is at it again, buying shares of beaten-down technology stocks,…
Elon Musk Leaves The Most Select Club on The Planet
By Rob Lenihan Elon Musk is still the world’s richest man, despite a recent drop in wealth. It happened to the dodo. It happened to the wooly mammoth. And now it has happened to Musk. The $200 Billion Club lost its last member recently when Tesla (TSLA…
United Healthcare Wanted to Get Bigger. The Plan Hit a Snag.
By Rob Daniel,Tony Owusu United Healthcare saw an opportunity for efficiency. The antitrust authorities see improper industry consolidation. United Healthcare (UNH) – Get UnitedHealth Group Incorporated Report 13 months ago offered $8 billion for Chang…
Bitcoin Donations Are Pouring Into the Ukrainian Army. But How Will That Help?
By Riley Gutiérrez McDermid Russia and Ukraine have experimented with using cryptocurrencies to shore up their positions financially. More than $360,000 in bitcoin has been donated to the Ukrainian army in the last day, industry publication Bitcoin Mag…
BofA: These Stocks Can Benefit From Earth’s Depletion
By Dan Weil ‘The current global resource supply-demand imbalance is underpinned by structural scarcity and will only get worse,’ BofA said. The scarcity of resources on our planet is on the rise, according to Bank of America. “We will need two times Ea…
Russian Stocks Crash: Buy the Dip?
By Tom Bemis,Riley Gutiérrez McDermid Regardless of sanctions or even a prolonged guerrilla war, Russia supplies Europe and the world with a lot of stuff they have to have. Russia’s invasion of Ukraine has roiled markets around the world, few more so t…
Tesla Stock Alert: How to Trade It With Rising Geopolitical Risks
By Bret Kenwell Tesla stock was hammered this morning, but bulls bought the dip. Here’s how to navigate it from here. Tesla (TSLA) – Get Tesla Inc Report looked downright putrid on Thursday morning, opening lower by more than 8% down near $700 and then…