The rise of online sports betting has had a significant impact on the personal finances of many individuals, especially those who are already facing financial distress. A recent research paper titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” sheds light on the detrimental effects of this growing trend. Following the Supreme Court’s decision
Investing
Stocks @ Night is a popular daily newsletter that provides valuable insights into the world of stocks and investments. This article sheds light on some recent developments in the stock market and highlights the activist campaigns led by Elliott Management. It’s crucial to analyze these events carefully to understand their implications on the market and
Investors looking to capitalize on the current market sentiment and potential interest rate cuts have turned to top Wall Street analysts for stock recommendations. One such top pick is project management software provider Monday.com (MNDY). The company recently impressed investors with its second-quarter results and outlook, leading to a price target increase by analysts. The
The demand for power from data centers is expected to triple by 2030, driven by the increasing use of artificial intelligence. This rapid growth will lead to an explosion in renewable energy and natural gas consumption, according to a report by Mizuho Securities. By the end of the decade, data centers will require 400 terawatt
In a market fraught with fears of an economic slowdown, investors are turning to dividend-paying stocks as a way to mitigate risk and uncertainty. One such stock that has caught the attention of top Wall Street analysts is Pfizer (PFE). The health-care giant recently announced better-than-expected second-quarter results, driven by cost-cutting initiatives and solid sales
As the demand for clean energy to power artificial intelligence continues to rise, tech companies are looking to directly connect data centers to nuclear plants. This move is driven by the need for a reliable power source to support the growth of data centers, which now require a gigawatt or more of power. However, this
The world of stocks and investments is ever-evolving, with each passing day presenting new opportunities and challenges for traders and investors alike. In the midst of the digital age, where information flows freely and rapidly, staying updated on market trends and stock movements is crucial for making informed decisions. One such platform that aids in
In the real estate sector, companies like SL Green, Vornado, CBRE, and BXP have all seen some fluctuations in their stock prices over the past few months. SL Green has shown impressive gains, up roughly 12% in a month and 20% in three months. However, the stock has dropped 11% since its July high. Vornado
In a dramatic turn of events, rooftop solar installer SunPower has filed for bankruptcy after months of financial struggles. The company’s stock plummeted by 32% to a mere 55 cents per share, reflecting a staggering 90% decrease in value over the course of a year. This significant decline can be attributed to various factors, including
Robinhood, a popular brokerage firm, recently made an announcement that they would be suspending overnight trading due to issues with their execution venue. This decision has raised concerns among investors and traders who rely on the accessibility of round-the-clock trading. The company revealed the news through a statement on social media, explaining that their third-party