The cryptocurrency market has been gripped by a significant downturn in late October and early November 2025, witnessing a broad-based decline across major digital assets. While market leaders like Bitcoin (BTC) and Ethereum (ETH) experienced substantial corrections from their recent highs, XRP found itself particularly vulnerable, seeing its price plummet to and subsequently break the [...]
Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN)
jumped 3.7% in the afternoon session after the company announced a second joint development on Al Marjan Island in the United Arab Emirates and received a price target increase from an analyst. Wynn Resorts, along with its partner Marjan, revealed plans for Janu Al Marjan Island, a resort slated to open in late 2028. The new property was set to feature 132 hotel rooms, a wellness center, and a beach club. This project was situated directly across from the firm's other integrated resort, Wynn Al Marjan Island, which was scheduled to open in 2027.
Risk-off sentiment dominated Wall Street on Friday, with selling pressure in AI-linked names intensifying and pushing technology stocks toward their worst week since April.
Luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 8.3% year on year to $1.83 billion. Its non-GAAP profit of $0.86 per share was 25.4% below analysts’ consensus estimates.
Luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 8.3% year on year to $1.83 billion. Its non-GAAP profit of $0.86 per share was 25.4% below analysts’ consensus estimates.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
The global casino industry is experiencing a robust resurgence, poised for significant billion-dollar growth through 2025 and beyond. Major gaming hubs like Las Vegas, Macau, Singapore, Australia, and the United Kingdom are spearheading this expansion, driven by a powerful combination of recovering tourism, increasing disposable incomes, and innovative technological integration.
Asian markets presented a complex and often contradictory picture on November 4, 2025, with major indices displaying a mixed performance that underscored the intricate web of geopolitical, economic, and technological forces at play. While Hong Kong's Hang Seng Index found a boost from a fragile U.S.-China trade truce
November 4, 2025 – The cryptocurrency market is currently gripped by intense volatility as Bitcoin (BTC) engages in a pivotal struggle around the psychologically crucial $100,000 price level. Following a "Red October" that saw Bitcoin experience its first monthly loss since 2018, dipping to approximately $107,810 on November 3, BTC is now trading with cautious [...]
November 3, 2025 – The cryptocurrency market is currently buzzing with an electrifying mix of fresh innovation and robust performance from established players. In a clear sign of renewed investor confidence and a vibrant ecosystem, the highly anticipated new crypto project, MoonBull (MOBU), launched its presale on September 26, 2025, drawing significant community excitement. Simultaneously, [...]
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Lately, it seems like demand trends have worked in their favor as the industry has returned 31.9% over the past six months,
outpacing S&P 500 by 9 percentage points.
The S&P 500's Consumer Discretionary sector presented a fascinating dichotomy on October 23, 2025, with a standout performance from casino giant Las Vegas Sands (NYSE: LVS) masking an otherwise subdued day for the broader sector. While the overall index saw modest gains, the discretionary segment initially lagged, appearing in
Curious about the top performers within the S&P500 index in the middle of the day on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
