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Las Vegas, one of the epicenters of the real estate crash in 2007 to 2009, has yet to recover from its August 2006 speculative bubble peak, but recently, upside momentum in 2018 prices has Fitch Ratings, a nationally recognized statistical rating organization (NRSRO), very concerned about market stability. While the S&P/Case-Shiller U.S. National Home Price Index remains strong as price broke above the July 2006 double top in 1Q17, there are signs that some real estate markets across the country are overheating with the Las Vegas market coming in... -Zero Hedge
Shares of the "big three" video game publishers are trading higher as this year's Electronic Entertainment Expo, or E3, continues this week. Following all the major game makers' presentations at the show, Piper Jaffray analyst Michael Olson maintained Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), and Take-Two (TTWO) and noted that the biggest takeaways from the event were announcements around subscription and streaming, as well as news that there will be more titles than expected launching in the pre-holiday window. E3... -The Fly
Toyota said it has concluded an agreement with Grab Holdings to strengthen their existing partnership and expand the collaboration between Toyota and Grab in Southeast Asia to drive further advances in Mobility as a Service across the region. As part of this agreement, Toyota will invest $1B in Grab. Furthermore, to accelerate decision-making, one Toyota executive will be appointed to Grab's board of directors and a dedicated Toyota team member will be seconded to Grab to as an executive officer, with Toyota considering more personnel exchanges in the... -The Fly
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