For certain sports fans, the idea of paying $50 or more for a ticket to go sit in a packed arena and watch other people play video games may seem absurd. Of course, 50 years ago, the idea of paying $2,000 to $5,000 for a ticket to the Super Bowl would seem equally absurd.
In the wake of the financial crisis in 2008, the consumer credit market completely dried up. Banks were unwilling or unable to lend and borrowers had very few options when they needed loans.
The goal of technological innovation is to make life easier in some way. At its best, technology can take something that was previously complicated, difficult or time-consuming and make it simple.
Most Americans consider Las Vegas to be the mecca of casino gambling. In 2016 alone, the Las Vegas strip generated $5.95 billion in gaming revenue.
Lululemon Athletica inc. (ticker: LULU) shares were down more than 23 percent on Thursday after the company guided for a “slow start” to 2017.
American technology investors are well aware of the dominant position Amazon.com (ticker: AMZN) has built in the cloud services business. But while Amazon is building its cloud empire in America, Alibaba Group Holding Ltd (BABA) may be quietly doing the same across the Pacific Ocean.
Coal stocks are leading the energy sector higher after President Donald Trump signed an executive order Tuesday to overhaul the Obama administration’s Clean Power Plan. While the executive order is certainly good news for coal investors in the near term, coal’s role in the future of the U.S. energy industry remains uncertain.
In the past 10 years, Amazon.com (AMZN) stock is up an incredible 2,090 percent. Yet even after Amazon’s historic Wall Street run, the stock may still have more than 100 percent upside in coming years.
Anyone who thought that failure to repeal and replace the Affordable Care Act would be a triumph for hospital stocks may be in for a rude awakening.
Tencent Holdings disclosed it has taken a 5 percent ownership stake in Tesla Inc (ticker: TSLA), making the Chinese mobile app giant Tesla’s fifth-largest shareholder.