The next generation of electric automobile competition officially began in December when General Motors Company GM 1.1% shipped 579 of its award-winning Chevy Bolt EVs. The Chevy Bolt is GM’s first venture into the long-range electric vehicle mass market. The car delivers 238 miles on a full charge and prices just below $30,000 once a…
After a lost year in 2016, Activision Blizzard, Inc. ATVI 0.08% shareholders are hoping that the stock can level up in 2017. Activision shares dropped roughly 4 percent in 2016 during a strong year for the market, but Cowen analyst Doug Creutz is optimistic that the stock will make up for some lost ground in…
Restaurant stocks closed out 2016 on a mostly high note, but investors are now shifting their focus to how much upside top names have ahead in 2017. Jefferies analyst Andy Barish has adjusted the firm’s ratings on a number of leading restaurant stocks and still sees pockets of opportunity for investors.
The OPEC production cut agreement capped off a constructive year for the global oil & gas industry in 2016. After dipping below $30/bbl in early 2016, WTI crude oil prices now seem to be stabilizing above $50/bbl.
Apple Inc. AAPL 1.11%‘s stock has traded mostly in line with the S&P 500 in the past year ahead of what many analysts anticipate will be the biggest iPhone upgrade in years in 2017. The iPhone 8 will mark the 10-year anniversary of the original iPhone. Over the past decade, the iPhone has become one…
Walt Disney Co DIS 1.49% dominated a record-breaking year at the box office in 2016. Following the release of “Rogue One,” Disney became the first studio ever to reach the $7 billion mark in global box office sales in a single year. In fact, the top four grossing movies of the year in 2016 were…
The year-end gaming revenue numbers from the Macau, China, and Las Vegas markets indicate that the gaming industry finished the year strong in the two largest and most critical markets in the world for investors. However, now that 2017 is officially here, gaming investors are wondering whether that 2016 momentum will spill over into the…
The U.S. auto industry seems to be getting President-elect Donald Trump’s message loud and clear: Build your cars in the United States, or risk the consequences. Trump called out General Motors CompanyGM 1.1% on Twitter Tuesday for the Chevy Cruze models it produces in Mexico.
Americans became all-too-familiar with fake political news stories on Facebook Inc FB 2.27% during the election season, but Bridgewater Associates chief investment officer Ray Dalio claims that a much more prominent news organization is deliberately distorting the news.
Now that 2016 has come to a close, the last batch of gaming revenue numbers from Macau shows the industry finished the year on a high note. After 26 consecutive months of year-over-year revenue declines, Macau closed out 2016 with five straight months of gains, including an 8.0 percent bump in December.