For the auto industry, the 21st century will be defined by new technology, and analysts believe that Mobileye NV MBLY 1.01% is positioned to be a major player. Barclays analyst Brian Johnson likes what he sees from Mobileye’s Q1 results, but the Mobileye story is all about the future.
Krispy Kreme Doughnuts KKD 0.19% got some surprising news on Monday when JAB Holding Company announced it was buying Krispy Kreme for $1.35 billion. At $21 per share, the deal represented nearly a 25 percent premium to the market value of Krispy Kreme.
The Macau Gaming Inspection Coordination Bureau has placed yet another restriction on the Macau gaming market by banning “proxy betting” starting this week. The recent corruption crackdown in Macau has spooked many VIP high-roller gamblers away from the casinos, but others have been using phone proxy betting as a creative way to continue to gamble…
Legendary investor Warren Buffett has always been blessed with an uncanny ability to plan far into the future, so it may come as no surprise that he has already planned how he wants his estate to be invested after he dies.
Facebook Inc FB 0.81% has scored a rare victory in a Chinese trademark dispute with a local Chinese company that registered and used the trademark “face book” to sell food and beverages. The Zhujiang Beverage Factory initially gained approval to continue to use the trademark back in 2014, but the Beijing Higher People’s Court has…
Over the weekend, Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman named Khalid al-Falih as the nation’s new energy minister. The change marks the first transition at the position since 1995.
Donald Trump took some heat this weekend over comments he made regarding taxes on businesses and the wealthiest Americans.
Now that most tech companies have reported Q1 earnings, Benzinga took a look at some of the largest, most popular stocks in the world to determine how much value investors are getting from a share of stock at the current market price.
The Labor Department reported the weakest U.S. payrolls number in seven months in April, but some experts believe that a softening labor market may not be enough to deter the Federal Reserve from raising interest rates.
It may finally be time for investors to start dipping their toes back into Macau casino stocks. However, Goldman Sachs analyst Simon Cheung believes investors still need to be selective. According to Cheung, Wynn Resorts, Limited WYNN 1.14% and MGM Resorts International MGM 2.52% are Goldman’s two preferred U.S.-listed Macau plays.