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Melco Resorts & Entertainment Limited News

Wynn, Sands, Melco Shares Drop as JPMorgan Cuts to Neutral

JPMorgan cut casino ratings to neutral from overweight because China decided to more tightly regulate on Macau.

Top Asian Stocks to Buy in 2021

Real Money contributor Alex Frew McMillan discusses five Asian stocks that should reward enterprising investors in 2021 who delve beyond Alibaba.

Jobless Benefits, Cisco, Oil Prices - 5 Things You Must Know Thursday

Stock futures are lower; economists expect 2.5 million Americans to have applied for unemployment benefits in the latest week; Cisco beats earnings estimates.

Macau Rocked by Record 97% Drop in April Gaming Revenue

Macau's gaming revenue tumbles a record 97% in April due to the coronavirus pandemic.

MGM Resorts Reinstated at J.P. Morgan With Neutral Rating

J.P. Morgan reinstated its coverage of casino operator MGM Resorts with a neutral rating and $18 price target.

Breaking News

Donald Trump Media SPAC Digital World Acquisition Gets Subpoenas Linked To Grand Jury Probe

"These subpoenas ... could materially delay, materially impede, or prevent" DWAC's planned merger with Trump Media & Technology Group.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Barstool's Portnoy Takes a Surprising Stand on a Key Political Issue

The outspoken Republican with a platform voices his opinion on the state of democracy moving to the right.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.