It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
Tag: Casino Hotels
Wynn Macau shares fall after reporting third-quarter loss
Shares of Hong Kong-listed casino company Wynn Macau 1128, -2.26% fell in early Asian trade Thursday after the company reported a third-quarter loss and as COVID-19 cases continue to rise Read more
Caesars’ digital betting business hits a milestone, sending sports-gambling stocks higher
Shares of sports-gambling operators ran higher in extended trading Tuesday after Caesars Entertainment Inc. management revealed a measure of profit in its digital betting business turned positive last month, giving Read more
Stop selling Las Vegas Sands stock as Macau, COVID risks fade, BofA says
Shares of Las Vegas Sands Corp. rose Thursday after BofA Securities backed away from its bearish call, as risks around its Macau exposure abate, and as COVID risks appear to Read more
Car-related stocks take it on the chin, with declines of up to 25% in one day
U.S. stocks sold off again on Thursday, with CarMax and several vehicle manufacturers and parts makers among the worst performers. The S&P 500 SPX fell 2.1% for the session to Read more
Las Vegas Sands, Wynn Resorts stocks lead S&P 500 winners after Macau’s surprise new COVID-recovery plan
Shares of casino operators got a big boost Monday, after Macau officials announced that an easing of the post-COVID travel restriction policy would begin in the coming weeks. News surfaced Read more
Macau Casino shares jump on hopes of sooner return to normal
Shares of Macau casino stocks rose sharply Monday morning, after the Macau government’s easing of Covid-19 policies boosted hopes of a sooner-than-expected return to normal. Sands China Ltd. 1928, +14.23% Read more
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market
Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% Read more
Tesla, Ford attract new investments from Soros’s fund
Billionaire investor George Soros’s investment fund has bought stakes in Tesla Inc. and Ford Motor Co. and added to existing stakes in EV makers Lucid Group Inc. and Nio Inc., Read more
Why hotel guests are never satisfied these days
In the 1990s and early 2000s, the “100% Satisfaction Guarantee” was all the rage among many hotels. The gist was simple: Encounter a problem and receive your money back. In Read more
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