Business
Stadium developer plans $3 billion sports arena and casino project in Las Vegas
Las Vegas came in first in Hotwire’s ranking of best major metropolises for quick getaways amid the pandemic. Chris Sattlberger/Getty Images Las Vegas’ sports scene is about to get more crowded. Sports executive and entrepreneur Tim Leiweke’s Oak View Group, one of the largest stadium and arena developers in the world, announced Wednesday it has […]
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Jefferies says buy RH as this year’s dip offers a ‘rare entry point’
Shares for Restoration Hardware have more than 40% upside from here, analysts say. Source
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Morgan Stanley says Robinhood could be Generation Z’s Schwab, but the stock is going nowhere for now
Analysts say the company has a firm grip over younger investors, but will need to expand its product offerings if it wants to retain its appeal. Source
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after logging a multiday winning streak Traders on the floor of the NYSE, March 29, 2022. Source: NYSE U.S. stock futures pointed to a lower open Wednesday, one day after the Dow Jones […]
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Buy Freshpet shares as demand for fresh pet food could surge, Goldman Sachs says
Analysts say growing interest in the fresh pet food category could drive customers to the brand in grocery stores. Source
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‘A ghost is driving the car’ — my peaceful and productive experience in a Waymo self-driving van
PHOENIX — “A ghost is driving the car.” That’s what my 5-year-old daughter said as I FaceTimed her recently from the backseat of a Waymo autonomous vehicle in the suburbs here. Motorists and pedestrians who passed by had a similar reaction. They pointed, stared and even gasped when they noticed there was no one in […]
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JPMorgan downgrades Procter & Gamble as inflation pressures grow
Rising commodities prices and less favorable foreign exchange rates will add pressure to the stock, analysts say. Source
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PayPal is a buy after falling 35% this year, Goldman Sachs says
Analysts expect the payments company will return to earnings per share growth in excess of 20% following this year. Source
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Turkey may become the new playground for Russian oligarchs – but it’s a risky strategy
Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkiye on March 23, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host. Turkish Foreign […]
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Jim Cramer cautions investors against false optimism after latest Russia-Ukraine peace talks
Investors should be careful not to make market decisions based on Russia-Ukraine peace talks, but should also refrain from being too pessimistic, CNBC’s Jim Cramer said Tuesday. “I want to be optimistic about the negotiations,” but Russia’s previous pledges of peace that it didn’t follow through with make that difficult, the “Mad Money” host said. […]
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