The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
Tag: MGM
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
The $40 Million Reason Amazon Is Making A Tomb Raider Streaming Series
Alicia Vikander at a Tomb Raider photocall in Madrid (Photo by Eduardo Parra/WireImage) WireImage The 2018 adventure movie Tomb Raider made an estimated profit of $39.6 million according to analysis o...
There May Be A Problem With ‘Wednesday’ Season 2
Wednesday Netflix While Netflix often likes to take their sweet time with show renewals, at this point, after six weeks of Wednesday being one of its biggest series…ever, it does seem like we are wait...
Tech Stocks Could Keep Falling but IAC Stock Already Looks Like a Buy
With the Nasdaq Composite down more than 30% over the past 12 months, almost every tech stock is cheaper than a year ago, and there is temptation to bottom-fish. There’s a big difference between cheap...
Tesla, VF Corp, Marriott, MGM and more
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla –...
Silvergate Capital, MGM Resorts, Bilibili, Murphy Oil & more
A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United...
Blackstone selling MGM Grand and Mandalay Bay hotel stake to Vici: WSJ
Blackstone Inc. BX, -6.92% is selling a 49.9% stake in MGM Grand Las Vegas and the Mandalay Bay in a $5.5 billion deal with Vici Properties Inc. VICI, -0.28%, the majority owner of the two hotels, the...
MGM, Wynn, Las Vegas Sands stocks surge as Macau renews licenses
Shares of some casino operators surged Monday, after Macau tentatively renewed their casino licenses, after the company pledged to make investments in attractions not related to gambling, as the Assoc...
Lucid, Booking Holdings, MGM, eBay and more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | ...
Forget Caesars, MGM, Consider This Las Vegas Strip Stock
Las Vegas offers the promise of getting rich. In most cases, that’s a false promise as the house usually wins, but you can make money on Sin City without throwing any dice, playing cards, or tak...
Forget Caesars and MGM. The Las Vegas Strip Has a Secret Leader.
Las Vegas has a lot of big-name operators that grab the spotlight. Caesars Entertainment (CZR) – Get Caesars Entertainment Inc Report, for example, has its name splashed across its signature pro...
Could MGM stock climb back to its ATH of $50 a share?
BK Asset Management’s Boris Schlossberg is hopeful that MGM Resorts International (NYSE: MGM) could climb back to its all-time high of $50 a share over the next twelve months. Schlossberg’...
MGM Grand Tests NFT Ticketing in YellowHeart Tie-Up
“Our product makes perfect sense for Vegas, where every door seems to require some type of access,” Josh Katz, CEO of YellowHeart, told CoinDesk in an interview. “Normally when you walk out of the MGM...
Amazon Closes MGM Deal After Regulators Decline to Oppose It
(Bloomberg) — Amazon.com Inc. said it closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after regulators declined to challenge the deal, cementing the company’s biggest take...
Amazon Closes MGM Deal — But Here’s Why You Still Won’t Find ‘Wizard Of Oz’ Or ‘Gone With The Wind’ On There
Topline Amazon finalized its $8.45 billion purchase of MGM Thursday, paving the way for thousands of films to be added to its platform—but the acquisition still won’t give Amazon users access to most ...
Channing Tatum’s ‘Dog’ Nabs Terrific $18M Weekend
Channing Tatum in ‘Dog’ © 2021 Metro-Goldwyn-Mayer Pictures Inc. All Rights Reserved. In non-Uncharted news, MGM’s Dog overperformed this weekend with a strong $15 million Fri-Sun/$18 mill...
‘Uncharted’ Boosts ‘Spider-Man’ As ‘Death’ And ‘Marry Me’ Both Drop 64%
Death on the Nile Fox Disney and 20th Century Studios’ Death on the Nile earned another $1.768 million on Friday, dropping a brutal 65% from its weak $5.07 million opening day. Kenneth Branagh’s $90 m...
‘Uncharted’ Unearths Boffo $15.4M Friday As ‘Dog’ Earns $5M
Mark Wahlberg and Tom Holland in ‘Uncharted’ Sony In the “before times,” as in before 2016 when the bottom fell out on studio programmers due to competition from streaming and VOD, I...
What CEOs Are Saying: ‘We See Inflation Going Up Everywhere’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about inflation, pricing strategy and the pandemic. Coca-Cola Co. KO -1.78% Chief Executive James ...
MGM Stock Falls From Near Buy Point After Earnings Crush, Las Vegas Booms
MGM Resorts International (MGM) crushed earnings views for the fourth quarter, as a Las Vegas boom with the return of travel offset lingering China woes. MGM stock fell Thursday, ending a four-day ral...