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Volume 22 No. 39
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The Market

A measured look at this week’s holdings

Buy

Investment strategy

Clippers owner Steve Ballmer said he will invest $100 million in the Inglewood community — which the team said is the largest amount in state history related to a sports or entertainment stadium — as part of his plan to build a new arena for the franchise. The vast majority will go toward housing programs, and $12.75 million will go to school and youth programs.

 

 

Sell

No Satisfaction

The Rolling Stones’ production manager ripped Levi’s Stadium and the city of Santa Clara for restrictions put on the band’s visit last month, the city in turn blamed the 49ers for not giving it enough time to handle the issues, and the 49ers then said it was the city’s attitude that will “ultimately hurt the stadium’s ability to book competitive talent.”

 

 

Hold

In fashion

GQ Sports launched a new YouTube channel with sponsorship from major brands including BodyArmor and Jack Daniel’s. It includes series such as “One on One” — the first features a conversation between Dwyane Wade and Rick Ross — but standing out in a competitive market for content could prove difficult.