Business is looking up for Caesars Entertainment (NASDAQ: CZR). For the first quarter, the Las Vegas-based casino and hotel operator saw an all-time high in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for its Las Vegas segment. CEO Tom Reeg boasted of continued "significant strength across all of our assets" led by the operations in Vegas.
The Dow Jones fell after PCE data showed cooling inflation. Tesla rose ahead of Q3 deliveries on outlook for Model 3 and Cybertruck.
Analysts say that the arrival of cheaper, more convenient obesity pills could mean much broader access for patients, and eventually a larger market.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
The Dow Jones rose as House Speaker Kevin McCarthy made a government shutdown pledge. A Warren Buffett stock is near an entry. Nvidia rose.
Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.
Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…
Costco said it's now selling 1-ounce gold bars, but can't keep them in stock because of strong demand.
Investing in real estate often seems straightforward: Purchase a house, lease it and receive monthly rent from the tenant. But reality doesn't always follow the script, as Jason Roth of Seattle can attest. Roth rented out his home in Rainier Valley but the tenant stopped paying rent. Roth is now owed $29,000 in unpaid rent plus utilities. Roth is living in a van with his dog Wally, KIRO 7 News reported. "It's frustrating, extremely frustrating. It's something I can't fully wrap my head around,"
Supply chain issues created during the global coronavirus pandemic cost automakers billions of dollars in 2021 and prompted some companies to build domestic manufacturing facilities to solve the problem. "Never seen anything like it," Tesla CEO Elon Musk posted on the platform now known as X. "Fear of running out [of computer chips] is causing every company to overorder — like the toilet paper shortage but at epic scale." Tesla depends on Taiwan Semiconductor to produce its processors, but it's
The September sell-off in Dow Jones and S&P 500 stocks is getting so intense, some wonder if it's already overdone.
Think 4.6% yields on 10-year Treasuries look good? Market pros found safe ways you can do even better using bond ETFs.
Thirty-year mortgage rates have surged again, jumping almost another two-tenths of a point to take the flagship average into historic 8% territory.
Startup Flipturn really was named for the swimming maneuver. Now it wants to make trucking electrification just as smooth. The post Flipturn swims into fleet electrification integration appeared first on FreightWaves.
Today's top research calls for upgrade, downgrade and initiate on stocks, as compiled by The Fly.
Microsoft held preliminary talks about selling Bing to the iPhone maker, which would have made Bing the default search on its devices instead of Google, Bloomberg reports.
Stocks tanked right on cue in September. But nimble S&P 500 investors are still finding ways to make big money.
The market landscape for 4Q23 is starting to emerge through the fog, and some of the experts at banking giant J.P. Morgan are pleased with what they’re seeing. Despite an end-of-September sell-off sparked by the Fed’s indications of ‘higher rates for longer,’ JPMorgan Global Wealth Management global investment strategist, AJ Oden, believes the S&P 500 will hit a record high next year. According to Oden, the S&P may gain as much as 11% by the middle of next year, to reach above 4,800. Backing his
Armour Residential REIT (ARR) closed the most recent trading day at $4.21, moving -0.24% from the previous trading session.
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
