Latest News
Casino stocks MGM and Las Vegas Sands recover post-COVID. With MGM trading at a discount, we explore which stock may hold more upside for investors into 2025.
Down 12%, This Stock Is a Screaming Buy Today
The fundamentals are good for this entertainment company, but the market's reaction to earnings gets the potential wrong.
Las Vegas Sands Corp (LVS), a leading global developer and operator of integrated resorts, has announced its financial results for the third quarter of 2024, reflecting steady performance amidst mixed factors. Despite challenges like lower-than-expected rolling play outcomes in key markets, the company reported positive growth signals in various areas....
Las Vegas Sands (LVS) Q3 2024 Earnings Call Transcript
LVS earnings call for the period ending September 30, 2024.
The S&P 500 Index ($SPX ) (SPY ) Monday closed down by -0.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.17%. Stocks on Monday retreated, with the Dow Jones Industrials falling to...
The S&P 500 Index ($SPX ) (SPY ) today is down by -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.40%. Stocks today are mildly lower, pressured by higher bond yields. The...
The S&P 500 Index ($SPX ) (SPY ) today is down by -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.47%. Stocks today are mildly lower, pressured by higher bond yields. The...
Billionaire investor David Tepper's bullish stance on Chinese stocks includes two U.S.-based casino stocks, Las Vegas Sands and Wynn Resorts, as potential beneficiaries of Beijing's economic stimulus and the resurgence of Macau's gaming industry.
Casino Stocks Were the Big Winners This Week
China's stimulus plans give investors hope for Macao.
The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. US stocks rallied Friday, with the Dow Jones Industrials posting a 3-week high. Comments...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. US stocks today are moderately higher, with the Dow Jones Industrials posting a 3-week...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.74%. US stocks today are moderately higher ahead of a much-anticipated speech by Fed Chair...
September S&P 500 E-Mini futures (ESU24) are up +0.51%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.60% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s Jackson Hole speech for more clues on the amount and timing of interest rate cuts.
Mr. Market Got This Stock All Wrong
MGM Resorts is generating cash and buying back stock, so why is the market worried?
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.06%. US stocks on Thursday added to Wednesday's plunge, when the S&P 500 index...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. US stocks are mixed today following Wednesday's plunge, when the S&P 500 index fell...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.86%. US stocks are mixed today following Wednesday's plunge, when the S&P 500 index fell...
Las Vegas Sands (LVS) Q2 2024 Earnings Call Transcript
LVS earnings call for the period ending June 30, 2024.
September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.04% this morning as Alphabet’s cautious outlook on AI progress and Tesla’s profit miss, coupled with a delay in its Robotaxi event, weighed on sentiment, while investors awaited U.S. business activity data and the next round of corporate earnings reports.
Is MGM Resorts International a Buy?
Investors need to watch MGM's performance versus the S&P 500.
Gambling Stocks Face Slowing Growth in Macao
Macao is cooling off, and that's not a good sign for some gaming stocks.
In the ever-changing world of finance, hedge funds play a significant role, constantly seeking undervalued stocks with high growth potential. Two companies, Las Vegas Sands (LVS: NYE) and PG&E Corporation (PCG: NYE), have recently garnered attention from these investment giants. Let’s delve into why LVS and PCG might be classified...
Investing in Casino Stocks: Everything You Need to Know
Everything you need to know to understand casino stocks.
The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stocks on Monday settled mixed. Higher inflation expectations weighed on stocks Monday after...
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. US stocks this morning are slightly higher on lower bond yields and some...