Tag: motels

A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.

An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite over the likes of Facebook or Walmart. The Qraft AI-Enhanced U.S. Large Cap Momentum ETF, trading as AMOM AMOM, -0.78% on the New York Stock Exchange, removed some major technology […]

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The lure of the open road — and the open-air hotel corridor

Just about everyone recognizes that the midcentury-modern noun motel is a portmanteau derived from two pre-existing words: motor (or motorist) and hotel. But it turns out there’s a more technically correct term for the lodging format: “ ‘Exterior-corridor hotel.’ ” That’s an industry term of art, according to a New York Times report, for a […]

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Bond traders betting on hotels or shopping malls now have Big Data at hand

But bond traders in the notoriously niche $600 billion commercial mortgage-backed securities market (CMBS), now have more ways than ever to tap Big Data when betting on a recovery — or decline — of specific hotel properties or a cluster of shopping malls. Like with so many things lately, the pandemic has been a catalyst. […]

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Opinion: Why index funds are nuts

How much of my retirement portfolio do I really want to gamble on a high-risk, low-profit company that is already valued at over 1,000 times its most recent earnings, plus seven times the peak earnings of its entire industry, and which is controlled and run by a volatile eccentric? Probably not much, to be honest. […]

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