A number of stocks jumped in the afternoon session after comments from a key Federal Reserve official bolstered hopes for an interest rate cut. New York Federal Reserve President John Williams stated he sees “room for a further adjustment” in the near term, sparking a significant market rally. Following his remarks, the probability of the central bank cutting rates at its December meeting jumped from 39% to over 73%, according to the CME FedWatch tool. This positive sentiment provided relief to markets amid concerns over high valuations, particularly in AI-related stocks.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how MGM Resorts (NYSE:MGM) and the rest of the casino operator stocks fared in Q3.
Global financial markets are currently gripped by a palpable "risk-off" sentiment, sending investors scurrying away from speculative assets and towards the perceived safety of traditional havens. This pronounced shift, evident as of November 2025, is contributing to a noticeable downturn across various sectors, signaling a period of heightened caution and
A deep-value fund just disclosed unwinding three major leisure positions last quarter—raising real questions about where it sees mispricing and where it no longer does.
San Francisco, CA – November 8, 2025 – Jackbit, a prominent name in the burgeoning crypto casino landscape, has solidified its position as a leading and trusted platform in the United States' crypto gaming market as of 2025. With a strategic emphasis on instant withdrawals and anonymous no-KYC (Know Your Customer) access,
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
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.
MGM Resorts faced a challenging third quarter, with revenue growth meeting Wall Street expectations but profitability metrics missing analyst forecasts. Management attributed the margin pressure to several factors, including higher insurance expenses, renovation disruptions at MGM Grand, and softer occupancy and room rates, especially at mid-tier properties. CEO Bill Hornbuckle acknowledged, “We lost control of the narrative over the summer,” citing guest sensitivity to value in Las Vegas and the need for price corrections at certain properties. The company also pointed to strong performance in Macau and the digital segment as partial offsets to domestic headwinds.
REIT giant VICI Properties has notably underperformed the broader market over the past year, yet analysts remain strongly bullish on the stock’s prospects.
Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) met Wall Streets revenue expectations in Q3 CY2025, with sales up 1.6% year on year to $4.25 billion. Its non-GAAP profit of $0.24 per share was 19.9% below analysts’ consensus estimates.
Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 1.6% year on year to $4.25 billion. Its non-GAAP profit of $0.24 per share was 19.9% below analysts’ consensus estimates.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top S&P500 gainers and losers shaping the post-market sentiment.
