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1 min read
Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry
The Macau gambling review will include rules about licenses and a proposal for direct government su…
Carla Mozée
2 mins read
MGM Resorts climbs on JPMorgan upgrade citing attractive valuations and Las Vegas reopening optimism
MGM looks set to open more gaming slots and rooms in the face of easing COVID-19 restrictions, says…
Carla Mozée
2 mins read
'Big Short' investor Michael Burry reveals new bets on Alibaba, MGM, and JD.com
Burry's Scion Asset Management swapped out all but two of the holdings in its US stock portfolio, a…
Theron Mohamed
3 mins read
Dow tumbles 267 points as investors mull disappointing housing data and rising inflation
Major US stock indexes slipped Tuesday as investors cautiously weighed disappointing housing-starts…
Isabelle Lee
2 mins read
MGM and Caesars rise as Morgan Stanley upgrades the casino operators on strong outlook for Las Vegas recovery
Shares of MGM Resorts and Caesars Entertainment rise as Morgan Stanley sees big earnings potential …
Carla Mozée
1 min read
US stocks climb as investors look to extend gains following the best week of the year for the S&P 500
The Dow, Nasdaq, and S&P 500 are all coming off of their strongest weekly performance of the year, …
Phil Rosen
2 mins read
Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.
Top investors like Jim Chanos have touted spending on the Las Vegas strip as a potential economic i…
George Glover
2 mins read
10 things in tech: Amazon acquires MGM, Google's mega-campus, UberPool's demise
Amazon acquired MGM, Google was approved to build a mega-campus, and UberPool is on its death bed: …
Jordan Parker Erb
2 mins read
Netflix is reportedly making a movie about the GameStop saga starring Noah Centineo
Netflix's currently untitled film about GameStop will investigate how social media sites have given…
Grace Dean
2 mins read
MGM is making a movie about the Wall Street-GameStop saga, based on a book by the author behind 'The Social Network'
MGM is said to have quickly bought the film rights to a coming book, "The Antisocial Network," by B…
Grace Dean,Shalini Nagarajan
2 mins read
'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter
"The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank stocks last q…
Theron Mohamed
2 mins read
US stocks end volatile session mixed after inflation cools by less than expected
The January inflation data points to the Fed needing to raise rates by two or three more times, acc…
Carla Mozée
2 mins read
Stocks tied to the economy will perform surprisingly well in May as investors underestimate the reopening rebound, says Fundstrat's Tom Lee
Fundstrat's head of research expects a strong pickup in economic activity to trigger additional gai…
Emily Graffeo
6 mins read
Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players
Sin stocks are public companies engaged in activities or industries considered unethical or immoral…
Amy Fontinelle
1 min read
Reddit's Wall Street Bets founder signed with a Hollywood talent agency that reps Jessica Alba and Kevin Hart
Founder Jaime Rogozinski signed with United Talent Agency as Hollywood looks to capitalize on the G…
Natasha Dailey
3 mins read
South Korean couples are wooing each other with Tesla stocks - not flowers - while dating
Blue-chip stocks can be exchanged easily, by buying gift cards on mobile apps like KakaoTalk's "Kak…
Cheryl Teh
3 mins read
Jeff Bezos, Larry Fink, and other top US execs dodged $1.9 billion in losses by selling their own stock as the coronavirus outbreak worsened
Even executives leading industries hit hardest by the virus' economic fallout sold shares before su…
Ben Winck
3 mins read
The gap between expensive and cheap stocks is the widest since the tech bubble - and Goldman Sachs has created the perfect trade to avoid getting trapped on either side
According to Kostin, this Goldilocks category is ideal now because the hypothetical conditions need…
Akin Oyedele
2 mins read
STOCKS ATTEMPT A COMEBACK: Here's what you need to know
Elizabeth Warren: Well's Fargo's former CEO shouldn't "simply walk away to enjoy his millions in re…
Elena Holodny
3 mins read
Okta prices its IPO and hopes to hit a $2 billion valuation
Okta was founded in 2009 and the founders were early employees of Salesforce. Okta CEO Todd McKinno…