Macau’s 26-Month Losing Streak Is Finally Over
Gaming revenue in the month of August for Macau came in at 18.8 billion patacas, breaking Macau’s string of 26 consecutive months of year-over-year revenue declines.
Gaming revenue in the month of August for Macau came in at 18.8 billion patacas, breaking Macau’s string of 26 consecutive months of year-over-year revenue declines.
With the stock market near all-time highs and interest rates near all-time lows, investors are looking outside of typical stocks for returns.
The collapse of the global oil market has created a number of buying opportunities among oil and gas stocks. Now that the worst of the downturn has come and gone, investors have one last chance to buy value dividend stock Royal Dutch Shell plc (ADR) (NYSE:RDS.A, NYSE:RDS.B) on the dip.
A year ago, it seemed like Wal-Mart Stores, Inc. (NYSE:WMT) might end up just another victim of Amazon.com, Inc. (NASDAQ:AMZN)’s e-commerce dominance.
Modern Portfolio Theory (MPT) is an investment theory popularized in a 1952 paper by Harry Markowitz entitled “Portfolio Selection.” The idea behind MPT is that investors should identify and select the lowest-risk allocation for a given expected portfolio return.
With Oxford Industries Inc OXM 0.73% shareholders looking ahead to the company’s Q2 earnings due out after the market close on Wednesday, the latest data from TickerTags indicate Oxford’s top two brands are trending in opposite directions on social media.
Twitter Inc TWTR 5.89% shares are sharply higher in Wednesday’s session. In the absence of major news, the stock may once again be moving on rumors of a buyout. Shares are down 16 percent in 2016.
There’s no question that Twitter Inc TWTR 5.89% and Square Inc SQ 1.26% have been struggling to find their footing in the market. Twitter is down more than 16 percent in 2016, while Square is down about 8 percent. The S&P 500 is up 6 percent year-to-date.
Despite the $14 billion in order bookings for the Model 3 that Tesla Motors Inc TSLA 2.16% received within a week of the vehicle’s release earlier this year, the company just announced plans to raise additional money through yet another equity or debt offering.
With revenue in the world’s largest gaming destination — Macau, China — still depressed, casino investors are looking to the state of Nevada for some much-needed revenue growth this year.