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S&P 500 Tested As Tesla, GE Dive: Week In Review
The S&P 500 briefly fell below its 50-day moving average as many techs came under pressure and central bankers hinted at tightening. Tesla plunged on a variety of news, while auto sales hit a 2017
Casino Stocks Low-Rolling On Soft June Macau Gaming Revenue
Softer-than-expected Macau gaming revenue for June weighed on casino stocks including Wynn Resorts and Las Vegas Sands.
Week In Review: S&P 500, Nasdaq, Dow Hit Highs; Broadcom, Palo Alto Hot; JPMorgan, BofA Warn
Stocks rallied to record highs during the week on some upbeat tech and retail earnings even as banks and energy stocks slumped.
Casino Giant Soars Into Buy Range On Macau's Gaming Revival
Las Vegas Sands broke out into buy range Thursday as Macau gambling revenue topped exceptions.
Casino Stocks Steady As Macau Announces Another Crackdown
Las Vegas Sands, Wynn Resorts and other casino stocks held steady Thursday morning even as Macau announced yet another crackdown.
Las Vegas Sands Nears Buy Range As Barclays Upgrades Sands, Wynn
Shares of Las Vegas Sands are rising closer to buy territory after Barclays upgraded both that casino operator and Wynn Resorts to overweight from equal weight, citing the turnaround of Macau's gaming
Casino Investors Cut Bets On Macau's ATM Security Move
Melco Resorts & Entertainment, Las Vegas Sands and other casino stocks that have been acting well fell Monday after Macau said it would take new measures to track ATM withdrawals.
Week In Review: Apple, Facebook, Tesla Fall On Earnings; Oil Dives
Stocks held up overall despite crude oil prices crashing and tech titans falling after earnings reports.
Another Casino Giant Rides Macau To Big Earnings Win
Melco Crown & Entertainment reported better-than-expected first-quarter earnings, the latest Macau-heavy casino operator to report strong results.
WARNING: Degenerate Gamblers Have Taken Control of the Stock Market
This post WARNING: Degenerate Gamblers Have Taken Control of the Stock Market appeared first on Daily Reckoning. The market “pros” believe stocks are way too expensive right now. Investors are taking
Casino Stocks Rise As Macau April Gaming Revenue Up 16%
Macau gaming revenue rose 16.3% in April vs. a year earlier, following strong earnings reports from Wynn Resorts, Las Vegas Sands and MGM Resorts last week. All 3 stocks edged higher early Monday.
Week In Review: Nasdaq Hits High, Dow Rallies On France, Amazon, McDonald's, Alphabet, Caterpillar
Stocks had big gains amid French election results, Trump's tax plan, and a slew of earnings from internet, restaurant, defense, casino, energy and chip plays.
MGM Resorts Is In Buy Zone On Earnings; Las Vegas Sands Sales Met
MGM Resorts stock closed in on a buy point Thursday after topping Q1 estimates, while Las Vegas Sands retreated further from an entry as Q1 revenue met forecasts late Wednesday.
Casino Stocks Rise As Macau Continues Hot Streak
March Macau gambling revenues beat expectations and shares of Wynn, Las Vegas Sands and other casino stocks rose Monday.
Casinos Rally As Macau, Nevada Gaming Revenues Hit Multiyear Highs
Las Vegas Sands, Wynn Resorts and MGM Resorts shares jumped Wednesday on news that Macau gaming revenues rose to their best level in over two years.
MGM Resorts Stock Drops After Earnings Miss; Melco Crown Mixed
Casino operators MGM Resorts and Melco Crown Entertainment both reported mixed fourth-quarter results Thursday.
Wynn Shares Take Off As Strong Palace Results Offset Miss
Wynn Resorts surged Friday as investors cheered the success of the new Wynn Palace in Macau.
AT&T, Qualcomm Mixed; Sands Misses; eBay Meets; United Rentals Beats
AT&T earnings met and Qualcomm just beat, while Las Vegas Sands missed on the top and bottom lines. Also set to report late Wednesday are eBay and United Rentals.
Foxconn Mulls $7 Billion U.S. Factory With Apple
Apple and Foxconn are mulling a $7 billion U.S. facility as President Trump pushes an "America First' policy.
Apple, GM, Boeing Are China's Top Hostages In A Trump Trade War
Many U.S. multinationals get 10% of their sales in China, some far more. If Trump pushes China, China can push right back.