Penny Arcade (PAX) started in 2004 in Bellevue, Washington born of a desire by webcomic authors Jerry Holkins and Mike Krahulik to hold a show exclusively for gaming. Today PAX events are held annually in Seattle, Boston, Philadelphia, and San Antonio in the United States; and Melbourne in Australia. The PAX West Labor Day weekend… Read more »
Executive Summary The cannabis industry saw several notable developments during the second quarter of 2019. In April, the House Financial Services Committee voted to advance the Secure and Fair Enforcement(“SAFE”) Banking Act. If passed, the Act would effectively allow federally regulated banks to accept revenue from businesses profiting from the sales of cannabis. In the… Read more »
Executive Summary The video game industry is poised for significant positive stimulation. This is primarily due to recently announced advancements in graphics and general processing semiconductors which will make practically every single computer sold a gaming computer. In turn, the number of people globally with the ability to play high quality games will increase, as… Read more »
Executive Summary On May 7th, the city of Baltimore realized it was the target of a ransomware attack in which critical files were encrypted remotely and held hostage for ransom. The city notified the FBI and took many systems offline to keep the attack from spreading. The attack took down voice mail, email, a parking… Read more »
How should investors handle the Fed and trade uncertainties? Sit Fixed income Advisors Senior Vice President Bryce Doty on the uncertainties facing the markets now.
Not enough evidence for Fed to cut rates in June or July: Art Hogan Art Hogan of Nash Securities and Bryce Doty of Sit Investment Associates join CNBC’s “The Exchange” to discuss the markets.
Executive Summary Two of the largest mergers in mobile payments history were announced in the first quarter. In January, Fiserv announced that it had reached an agreement to acquire First Data in an all-stock deal with a value of approximately $22 billion. In March, Fidelity National Information Services agreed to buy Worldpay for about $35… Read more »
Executive Summary Regulatory Developments A vote to legalize recreational marijuana in New Jersey was called off after state lawmakers stated that they didn’t have enough votes to pass the new law. Nevertheless, top state politicians believe that a new vote could be scheduled before the state budget is set on June 30. In New Mexico,… Read more »