NJ's $2.4B iGaming Boom: One Stock to Watch

The iGaming market is rewriting the rules, with New Jersey hitting $2.4B in revenue last year. One company stands out, delivering $2.13 for every $1 spent and expanding into lucrative markets.

Stellantis brings back Tim Kuniskis to run Ram brand after ouster of CEO Carlos Tavares

DAVID KOENIG
December 09, 2024

DETROIT (AP) -- Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so the company is bringing back an executive who retired this year when CEO Carlos Tavares was running the company.

Tim Kuniskis, who served as the unofficial spokesman for the American muscle car, is taking over as CEO of Ram effective immediately, company spokeswoman Shawn Morgan said Monday.

The return of Kuniskis is part of several management moves by the struggling company designed to bolster its North American leadership.

Sales of Ram pickups, the company's top selling and most profitable product, have fallen almost 18% this year as Stellantis was caught with too many higher-priced vehicles when buyers were looking for more affordable automobiles.

The Ram brand also includes other commercial vans and trucks.

Kuniskis retired in May after nearly 32 years with Stellantis, the fourth-largest automaker in the world that was formed in the 2021 merger between Fiat Chrysler and France's PSA Peugeot. He had been running both Ram and the Dodge muscle car brand, and was leading Dodge's transition to electric muscle cars.

Tavares stepped down Dec. 1 after the company posted poor financial results and sales were faltering. The company's board said it had a different view from Tavares for the company's future.

Continue Reading...

Popular

Why is Spain considering a 100% tax on homes bought by non-EU residents?

MADRID (AP) — Spain is planning a raft of measures to address its , including an up to 100% tax on properties that non-European Union residents buy.

Trump Treasury Nominee Pledges To Maintain Dollar's Global Reserve Status, Outlines Vision For 'New Economic Golden Age'

Scott Bessent, Trump's Treasury Secretary nominee, pledged to uphold the dollar's reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.S. economic dominance.

Elon Musk's Critical Metals Warning: What Investors Need to Know - Ad

Elon Musk has repeatedly warned about the looming critical metals crisis, calling materials like nickel, copper, and PGMs essential to Tesla's future. One Canadian discovery in Quebec is drawing comparisons to Russia's Norilsk Mine and has the potential to reshape global supply chains. With heavyweight backers and a fully funded exploration plan, this opportunity demands attention.

Why did 87 miners die trapped underground in South Africa as police tried to force their surrender?

CAPE TOWN, South Africa (AP) — South Africa's president is facing calls to order an inquiry into a police operation that was meant to combat illegal mining but ended up as authorities attempted to force them to surrender during a monthslong standoff.

More countries, including China, are grappling with shrinking and aging populations

BEIJING (AP) — A growing number of countries are confronting the dual challenges of population decline and aging, as younger generations opt to have fewer children and advances in healthcare extend life expectancy.

Trump's Quiet $1.9 Trillion Move Against the Fed - Ad

A small army of Americans, with Trump's support, has launched a $1.9 trillion move against the Fed. What comes next could have dramatic consequences.

SpaceX launches colossal Starship rocket and catches it for 2nd time with robotic arms

For the second time, used giant mechanical arms to catch its Starship rocket back at the pad minutes after liftoff Thursday.

Two private lunar landers head toward the moon in a roundabout journey

CAPE CANAVERAL, Fla. (AP) — In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for U.S. and looking to jumpstart business on .

Stunning Trump Exec Order Leaked - Ad

This secret document contains stunning details about Donald Trump's big Day 1 announcement... His allies are calling it Trump's Secret Manhattan Project. Because if what's in this leaked document is even half true (and trust me, it comes from a very, very credible source)... It will be the boldest, most mind-blowing and daring American initiative ANY U.S. President has launched in over 80 years. And over the next 100 days, it could set off a huge dose of "Trump Market Euphoria"... igniting a buying frenzy in very specific AI stocks... unlike anything we've seen so far.

IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day

WASHINGTON (AP) — said in a letter to IRS workers on Friday that he intends to step down from his position on President-elect Donald Trump's Inauguration Day.

Progressives are frustrated by Biden's final-days warning of billionaire influence

NEW YORK (AP) — The Democratic Party's left wing has warned for decades that America is moving toward in which a handful of billionaires controls much of the nation's wealth and political power.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Biden warns the US risks becoming an 'oligarchy.' What does the term mean?

WASHINGTON (AP) — President in his Wednesday farewell speech to the nation warned that American democracy was sliding into an “oligarchy” of tech billionaires. But what exactly is an oligarchy?

Rural Texas Town Ramps Up Global Currency War - Ad

A small town has joined a radical $1.9 trillion attack on the global banking system... backed up by Elon Musk and the White House.

Content creators respond to TikTok's uncertain future in the US

TikTok content creators who make a living promoting their businesses and personal brands on the app were afraid Sunday that they would have to find new ways to engage consumers and make money as the app's future in the United States remained uncertain.

As Tesla Soars 8%, Gary Black Cites Trump Impact, Elon Musk Pay Package, And $30K Car As Key Catalysts For EV Maker In 2025

Tesla Inc. shares climbed more than 8% Wednesday amid optimistic forecasts from prominent investor Gary Black, who cited multiple growth catalysts for the electric vehicle maker in 2025.

Say Goodbye to Trading Losses - Ad

Tired of losing? Pivozon MM4 EA is the solution! It's optimized for XAUUSD H1 timeframe, on high level ticks data from DukasCopy since 2016 till present. The main core is fixed SL/TP, low DrawDown under 37% and impressive WinRate above 60%. Pivozon avoids dangerous methods like Hedge, Grid, Scalping or Arbitrage. Enjoy over 100% yearly returns, and advanced equity and spread protections.

He Called Every Bull And Bear Market In Crypto Since 2012 ... Here's What He Says Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Michael Saylor's MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: 'It's A Bona Fide Megatrend'

Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR

Trump 2.0 Could Be Thwarted By Inflation, Mohamed El-Erian Notes Ahead Of CPI Data Release

Mohamed El-Erian shared Bloomberg's John Authers' analysis, warning that persistent inflation could hinder President-elect Trump's economic agenda as markets await December CPI data.

NJ iGaming Hits $2.4b--What's Next? - Ad

New Jersey's $2.4B iGaming milestone highlights an exploding market. One company, focused on VIP players, delivers $2.13 revenue per $1 spent, 20% retention rates, and 60% growth. With a tight share float and LatAm expansion, this stock is a rare gem.

Head of US cybersecurity agency says she hopes it keeps up election work under Trump

NEW YORK (AP) — Jen Easterly, the outgoing head of the U.S. government’s Cybersecurity and Infrastructure Security Agency, said Wednesday she hopes her agency is allowed to continue its under new leadership despite “contentiousness” around that part of its mission.

Donald Trump's Meme Coin 'TRUMP' Rallies 103% in a Day, Creates Billions Out of Thin Air

President-elect Donald Trump‘s Saturday launch of the meme coin TRUMP (CRYPTO: TRUMP) has caused a stir in both the crypto industry and among government watchdogs.

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

Robinhood Moves 131 Million DOGE In An Hour: What's Happening?

Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and

Retire from ONE Stock?! [Ticker Symbol Revealed] - Ad

Jeff Clark has used one stock -- just one -- to show his readers gains of 85% in 14 days, 176% in 5 weeks, 41% in two weeks, 120% in 3 months, 138% in 8 days, 186% in 8 days, 222% in 8 days, and many more... With gains like that, is it really possible to retire from this ONE stock alone?

Stock Of The Day: Is Oversold Procter & Gamble Set For A Bounce?

The Procter & Gamble Company (NYSE:PG) stock is trading higher, signaling a potential new uptrend. Oversold and at support, experts have chosen it as Stock of the Day.

How Trump's political and business interests will intersect in the White House

As he assumes the presidency for a second time, brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could in the White House.

The Stock Driving iGaming's Success - Ad

iGaming is thriving, with NJ hitting $2.4B in revenue. One company leads the pack with 20% retention rates, 60% growth, and expansion into new markets. Tight insider ownership make this stock a standout.

Cathie Wood Adds New Space Stock To 2 ETFs: Company Went To Moon, Will Investment Returns Follow?

Ark Invest made initial purchases in a space stock across two ETFs. A look at the purchases and why it could be important for 2025.

Jim Cramer Questions Nvidia's Trading Pattern Amid Positive TSMC Earnings And Biden's China Export Regulations

NVIDIA Corp. is facing renewed market scrutiny as Jim Cramer questioned the stock's trading pattern on Thursday, amid growing concerns over China sanctions and positive earnings from key supplier Taiwan Semiconductor Manufacturing Co.

Critical Metals: The Linchpin of the Energy Transition - Ad

As EVs and AI take center stage, critical metals like copper, nickel, and PGMs are becoming the linchpin of clean energy and technological advances. One Canadian company's high-grade polymetallic discovery in Quebec is drawing comparisons to Russia's Norilsk Mine--one of the richest deposits globally. Backed by industry titans, this story is just beginning.

A battery plant fire in California started during a boom for energy storage

AUSTIN, Texas (AP) — A fire at one of the in Northern California contained tens of thousands of lithium batteries that store power from renewable energy and a growing electricity source.

Italy rail asks authorities to investigate outages behind train delays

ROME (AP) — Italy’s national railroad filed a formal complaint with law enforcement authorities Wednesday alleging that power outages up and down the peninsula that have caused days of train delays were suspicious.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service