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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

Bank of America Lists Companies With Most Mentions of 'Supply Chain'

These companies made the most mentions of "supply chain" in their first-quarter earnings calls.

Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival

Crypto firm Nexo is reviewing the assets of lender Vauld with the intent of acquiring the struggling crypto financial services company.

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Stock Market Today - 7/5: Stocks End Mixed On Recession Fears; Dollar Hits Two-Decade Peak

Stocks bounce back as tech stocks surge as investors focus on growth and inflation prospects in the world's biggest economy.