By Stephen McBride Brian Chesky’s bank account had dwindled to $1,000. He had no job. And the rent on his San Francisco apartment was about to jump by 25%. With his back against the wall, Chesky tried a “silly” idea to make some cash. He put three inflatable mattresses in […]
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It’s no news to anyone that these are trying times for many companies. As the COVID-19 pandemic continues, industries such as tourism and travel have been particularly hard hit by border closures, restrictions, and a general desire by people to avoid unnecessary risks of exposure. However, great opportunities can also […]
Share prices of casino stocks have plummeted since the start of 2020 due to the COVID-19 pandemic. Though stocks in many other impacted sectors have recovered from March lows, share prices in the gambling industry remain down by as much as 50% year to date. This puts them in value […]
SOPA Images/LightRocket via Getty Images Brian Chesky’s bank account had dwindled to $1,000. He had no job. And the rent on his San Francisco apartment was about to jump by 25%. With his back against the wall, Chesky tried a “silly” idea to make some cash. He put three inflatable […]
With the Las Vegas Strip continuing to rebound and MGM (NYSE:MGM) receiving a roughly $1 billion investment from IAC (NASDAQ:IAC), the outlook of MGM stock has improved. Source: Michael Neil Thomas / Shutterstock.com Additionally, following the widespread introduction of a successful vaccine for the novel coronavirus, MGM is set benefit […]
Potential investors in water, hygiene, and infection prevention company Ecolab (NYSE:ECL) are faced with a series of questions around the stock’s valuation right now. On the one hand the stock is better positioned for growth now, and the pandemic will raise awareness of hygiene issues. On the other hand, many […]
Text size Canada Goose stock jumped on an analyst upgrade Wednesday. Matt Winkelmeyer/Getty Images for Canada Goos A mild winter in many parts of the country and a job-crushing pandemic have hurt demand for pricey down coats, and in turn, Canada Goose Holdings ’ stock. Yet Cowen & Co. argues […]
Among the various effects of the coronavirus pandemic on global businesses, beverage companies have been on the look-out to expand their healthy beverages portfolios as consumers become more health conscious. Molson Coors Beverage Company TAP is one of the beverage behemoths that recently took to fend-off the pandemic-related uncertainties through […]
This was a mixed week for cannabis stocks, with some ETFs in the green and others in the red. Over the five trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 1.4% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was up 0.8% The Cannabis ETF (NYSE: […]
NEW Playstation 5 consoles could drop at Smyths any minute fans believe as the toy store’s anticipated stock STILL hasn’t dropped. Gamers have been busy refreshing the Smyths website after rumours of a stock drop swirled on social media- but as of early morning Good Friday, nothing has materialised as […]
AMAZON UK, Very, John Lewis, Asda, ShopTo and eBuyer are all rumoured to have PS5 drops lined up over the next week. And GAME looks likely to follow suit from April 6-8, say tipsters on social media. In fact, April looks set to be a big month for PS5 restocks. […]
It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P 500 fell 2.9%. In all, the index dropped nearly 34% in about a month, wiping out three years’ worth of gains […]
By STAN CHOE, AP Business Writer NEW YORK (AP) — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P 500 fell 2.9%. In all, the index dropped nearly 34% in […]
Text size Empty tables outside a restaurant in New York City. Spencer Platt/Getty Images Yes, you can have too much of a good thing—and the stock market is starting to consider what that might mean for future gains. You wouldn’t be able to tell just from looking at the market […]
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund […]
There is momentum in gaming stocks like Wynn Resorts (NASDAQ:WYNN) and MGM Resorts (NYSE:MGM). However, a lot of investors seem to be overlooking Golden Nugget Online Gaming (NASDAQ:GNOG). GNOG stock hasn’t been around long, but it should be on your radar. Source: 9dream studio / Shutterstock.com The gaming industry has […]
After so many dark months, it is a peculiar relief for the biggest story of the week to be about a gang of online pranksters gaming the stock market. Over the past several days, a handful of corporate stocks have surged to cartoon-hilarious price levels, as denizens of the website […]
Airbnb (NASDAQ:ABNB) jumped out of the gate following its IPO last month, and it’s easy to see why. The company is disrupting the massive travel industry, having pioneered the home-sharing concept for over a decade. And it just survived its toughest test yet during the coronavirus pandemic, adapting to shifting demand […]
Golden Nugget Online Gaming (NASDAQ:GNOG) went public on Dec. 30, after merging with a SPAC (special purpose acquisition company) called Landcandia Holdings II. Based on my calculations, GNOG stock is worth considerably more, up to 65% more, based on a simple comparison with Draft Kings (NASDAQ:DKNG). Source: rawf8/Shutterstock.com Keep in […]
Text size A sign showing the American Express logo is seen outside of a restaurant Justin Sullivan/Getty Images With the year almost over, we’re taking a look at all 30 stocks in the Dow Jones Industrial Average, starting with the worst performers— Boeing and Walgreens Boots Alliance —and working our […]
Businesswoman with protective face mask checking financial trading data on smartphone by the stock exchange market display screen board. Photo: Getty 2020 has been a volatile year for global stocks, from the coronavirus pandemic hitting every industry across the world to the uncertainty over Brexit compounding equity market action. The […]
With Airbnb (NASDAQ:ABNB) trading at a very high valuation and facing a few important, key risks, I believe that the shares’ risk-reward ratio is negative at this point. Consequently, I recommend that investors wait for a large pullback by Airbnb stock before buying its shares. Source: BigTunaOnline / Shutterstock.com The […]