Wynn Resorts stock jumps after Fertitta reports 9.9% passive stake

Wynn Resorts shares rose over 10% after Tilman Fertitta disclosed a 9.9% stake. Analysts adjusted target price down but remain optimistic about long-term prospects.

Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95

Lui Che Woo, a pivotal figure in Macau's casino industry and chairman of Galaxy Entertainment, has died at 95, leaving behind a legacy of leadership and philanthropy.

Earnings call: Wynn Resorts announces steady growth and strategic investments

Wynn Resorts' Q3 2024 earnings call showed revenue growth, strong liquidity, and strategic investments, despite challenges in Las Vegas and Macau. A dividend and buyback program were announced.

Wynn misses third-quarter profit, revenue estimates on weak Las Vegas business

After-hours movers: Palantir, Cleveland-Cliffs, Coinbase and more

Palantir surged 12% post-earnings; NXP, Cleveland-Cliffs, Wynn, and Lattice dipped. Dollar Tree and Hims & Hers rose, while Coinbase fell after an executive share sale.

Wynn Resorts shares fall 3% as Q3 earnings, revenue miss estimates

Wynn Resorts Q3 earnings missed estimates, leading to a 3% drop in shares. Revenue slightly increased but net loss widened. Board increased share repurchase to $1 billion.

Wynn Resorts earnings missed by $0.14, revenue fell short of estimates

Wynn Resorts reported Q3 EPS of $0.90, missing estimates. Revenue was $1.69B, below expectations. Stock increased 24.79% over three months; financial health rated 'great performance'.

Wynn Resorts says it gets UAE's first gambling license

Wynn Resorts has obtained the UAE's first commercial gaming license and is developing a luxury resort in Ras Al Khaimah amidst new gambling regulations in the region.

How to handle a potential Chinese 'bazooka'

Investors are preparing for possible aggressive stimulus from China, with Barclays suggesting strategies in oil, industrials, and U.S. stocks sensitive to Chinese demand.

Factbox-From Boeing to Detroit Three, US labor unions flex muscle

A significant rise in labor strikes across various sectors showcases mounting union activism in the U.S., including dockworkers and healthcare professionals, signaling a shift in labor relations.