A whole new world officially begins today for Disney and Fox.
The Walt Disney Company's $71.3-billion acquisition of 21st Century Fox's movie and TV studios and other assets including Fox's 30 percent stake in Hulu officially closed after the clock struck midnight Wednesday morning.
We’ve noted before that for all the attention Macau gets, the real action for casinos these days is in Las Vegas. In a report issued today, Gabelli’s Adam Trivison touts the importance of Nevada for Boyd Gaming (BYD) and MGM Resorts International (MGM), which have large Nevada footprints, and for Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which don’t:
Rethink Technology business briefs for April 27, 2018.
Seasonally negative coverage
Source: Yahoo Finance
Over the past few years, I’ve become accustomed to a seasonal downturn in Apple’s (AAPL) share price that roughly correlates with the seasonal downturn in iPhone sales. The weakest period for iPhone sales typically is in the April-September time frame. As....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
The S&P 500 is stuck in its narrowest range in nearly half a century and trading volume is plumbing multi-month lows. But by September, investors may be pining for the dog days of summer, with data suggesting that it is historically the worst month for stocks.
Since 1928, the S&P 500 has dropped in September 56% of the time, according to Bank of America Merrill....More>>>
General Electric Company (NYSE:GE) has missed earnings estimate only once in last 26 quarters. Flickr
Boston, Massachusetts-based industrial giant General Electric Company(NYSE:GE) is scheduled to report its first-quarter 2017 earnings on Friday, 21st Aprilbefore the market opens. GE has had a rough 2016 with revenues and margins coming under pressure. While GE certainly did not earn....More>>>
U.S. small-caps have rebounded nicely off their February lows, but the benchmark Russell 2000 Index is still saddled with a modest year-to-date loss. Exchange-traded funds investors have the benefit of choosing from myriad small-cap funds, some of which have been solid performers this year.
One of the residents of the solid small-cap ETF group is the unheralded WisdomTree Global SmallCap....More>>>
It’s apparent that Chevron (NYSE:CVX) has decided to forego its past practice of exploring for and developing giant projects over the next several years, as it focuses on accelerating production with its shale assets, which now includes about 2 million Permian acres with over 9 billion barrels of oil.
Chevron is counting on quickly ramping up production....More>>>
In October 2016, I started a podcast called Future Tech Podcast in which I interview founders and CEOs in the stem cell, 3-D printing, blockchain/cryptocurrency, artificial intelligence, brain-computer interface, nanotech and other up-and-coming industries.
As I interviewed experts from all over the tech world, I became more and more intrigued by bitcoin, blockchain....More>>>
Arguably the most important component inside of a smartphone is the applications processor. This controls how quickly and efficiency apps run, how smoothly 3D games run, and the quality of the photos and videos that users take. Each year,Apple(NASDAQ:AAPL) makes substantial advances in the perfo