By Daniel Kline The casino company has quietly gotten rid of one of its biggest perks for its most-loyal customers (at least in Las Vegas). Before the pandemic hit, Caesars Entertainment (CZR) – Get Caesars Entertainment Inc Report had the best player …
Tesla’s Elon Musk Turns on Bill Gates Over Tesla Short
By Daniel Kline The Tesla CEO questions the Microsoft founder’s commitment to environmentalism. Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk thinks he’s saving the world with his electric vehicle and solar power efforts (and he might be doing just…
Athleta and Lululemon See Foot Traffic Growth
By Veronika Bondarenko Foot traffic at Lululemon and Athleta is higher than it was before the pandemic. The early saying went that, when the pandemic finally ended, people would ditch the stretchy pants and put on more fancy clothes. Sick of ultra-casu…
Elon Musk Bid For Twitter Gets Political As Lawmakers Demand Records
By Riley Gutiérrez McDermid Will a deal be scuttled by increasingly aggressive lawmakers? Elon Musk’s bid to acquire Twitter hit a new speed bump April 22, when Republican lawmakers said they want the company to retain all records relating to its buyou…
Cannabis News Week: Cannabis ‘Sin Tax’ Revenue Greater Than Alcohol
By Tony Owusu Cannabis taxes brought in double the revenue alcohol did in California in 2021. While federal cannabis legalization efforts flounder in the Senate, individual states are deciding for themselves whether to allow recreational weed. While mo…
What Are Stock Exchanges and How Do They Work?
By TheStreet Staff What Is a Stock Exchange? A stock exchange is a physical or electronic venue wherein the sale of securities like stocks is facilitated by brokers, dealers, and market makers. Stock exchanges are essentially marketplaces for the effic…
Elon Musk Takes Major Step Toward Buying Twitter
By Riley Gutiérrez McDermid The social media company now has an ever-more-serious scenario to contemplate. The ongoing game of footsie between billionaire tech mogul Elon Musk and social media platform Twitter reached a new stage April 22, as Musk bega…
BofA: Outflow from Stock Funds ‘Just Starting’
By Dan Weil U.S. stock funds suffered redemptions of $19 billion in the week ended April 20, the biggest since December. Stocks have struggled so far this year, with the S&P 500 losing 10%. Commentary from Bank of America strategists indicates more los…
Can You Hear the Charts Now? Trading Verizon Stock on Earnings Dip
By Bret Kenwell Verizon stock is trading lower after disappointing full-year guidance. Here are the must-know levels now. Investors are in Verizon (VZ) – Get Verizon Communications Inc. Report as a flight-to-safety trade. These investors are typically …
Caesars, Las Vegas Strip Bet Big On Huge Event (and You Can Too)
By Daniel Kline Las Vegas has become even more of a destination for major events and that’s good news from Caesars, MGM, Wynn, and the rest of the Las Vegas Strip. Las Vegas has become the center of the sports world and Sin City has everything it needs…