UBS upgraded Wynn Macau citing improved outlook, while Morgan Stanley projected strong GGR growth in the market.
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What happened
UBS upgraded Wynn Macau citing improved outlook, while Morgan Stanley projected strong GGR growth in the market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.CLSA raised Wynn Macau shares and MarketBeat provided consensus ratings.1 source
UBS upgraded Wynn Macau and Morgan Stanley projected strong GGR growth in the market.1 source
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The entities involved
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FED
business
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Jerome Powell
president of the FED
- The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.
- The article discusses the Federal Reserve, Jerome Powell's role as Chair, and market caution ahead of rate decisions, specifically mentioning Oxford Industries and Monster Beverage.
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Macau
city and special administrative region of China
- Wynn Resorts is expanding its operations, maintaining luxury integrated resorts in Las Vegas and Boston, while leveraging its Macau business and developing a new casino in the UAE.
- Wynn Resorts reported mixed results, with Las Vegas operations benefiting from demand while Macau faced challenges, prompting analyst scrutiny.
Related events
Coverage
Newest first; wire copies grouped- themarketsdaily.com
- StockStoryWynn Resorts (WYNN) Stock Trades Up, Here Is Why Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) jumped 3.7% in the afternoon session after its Wynn Macau subsidiary was upgrad