9.29.2020

Housing Boom Boosting These ETFs - ETF.com

"The housing market rebounded so fast that even a "V" doesn't convey the shape of the industry's recovery."

 

China Evaluates Ways to Contain Evergrande Financial Risks - Bloomberg

"China's top financial officials are evaluating the risks posed by China Evergrande Group, according to people familiar with the matter, amid heightened investor concern that the world's most indebted developer faces a cash crunch."

 

Tesla Deal Sends Lithium Stock Soaring 236% - Barron's

"Shares of aspiring lithium miner Piedmont Lithium soared Monday after the company signed a deal with Tesla. The deal is a sign that Tesla is focused on the supply chain for electric-vehicle batteries. The move also shows what can happen when an EV behemoth decides to make a move."

 

How Caesars' Wager on Sports Betting Could Pay Off Big - WSJ

"Caesars Entertainment is canny to turn to British bookmaker William Hill for an answer to online-gambling sensation DraftKings. If the deal eventually leads to a spinoff at a tech valuation, it will look even cannier."