MGM's Vegas Assets Are Benefiting From an Improved Calendar and US Infrastructure Investments

MGM's Las Vegas (56% of 2025 EBITDAR) demand should rebound starting in 2026, supported by a stronger convention calendar and maintained GDP-like growth. Beyond 2026, MGM's Vegas resorts stand to ...

Flight Centre Earnings Holding Up So Far Despite Adverse External Conditions

Flight Centre is one of the world's largest travel agents, but it still generates substantial earnings in Australia and New Zealand. Unrivalled scale and brand strength in the domestic travel market ...

This big part of the economy was stung by Iran war, but not enough to cause a lot of pain

The largest part of the economy took a hit in April from the fallout from the Iran war, a survey showed, but businesses still grew at a fairly robust pace even as they turned more cautious. A survey ...

Shopify Guides Softer 2Q Profitability on Cost Pressures — Update

The slightly higher-than-expected expenses put pressure on profitability for the second quarter, said Citi analyst Tyler Radke. Revenue is expected to grow at a high-20s percentage rate over last year ...

U.S. New Home Sales Rose in March

The rate of new home sales rose in March. Here are the main takeaways from the delayed report released by the Census Bureau and the Department of Housing and Urban Development Tuesday: --Sales of new ...

U.K. 30-Year Gilt Yields Hit 28-Year High Amid Political Concerns

Borrowing costs on U.K. 30-year government bonds surge ahead of local elections on Thursday due to concerns about a potential political crisis in the U.K. Prediction markets indicate that the ruling ...
Morningstar

Palantir Earnings: Triple-Digit Growth, but Does the Valuation Make Sense?

Palantir PLTR shares are down slightly after reporting first-quarter results, which we suspect is due to a slight miss on US ...

Your Spirit loyalty points are probably worthless now - but these other airlines may match your rewards

The collapse of Spirit Airlines is a cautionary tale for travelers who hold on to rewards points for too long Spirit Airlines flights were canceled after the carrier announced it was shutting down.

'Like 10 Manhattan Projects going off all at once': AI is rewiring the entire global economy, says this BlackRock exec

Other industries may be in store for the same reckoning that software has seen, says Tony Kim AI has the whole world economy in its hands, says a BlackRock executive. Artificial intelligence isn't ...

Spain to conduct health inspection of ship with hantavirus outbreak before passengers can leave

The cruise ship MV Hondius remained off Cape Verde on May 5 but was set to sail to the Canary Islands. A cruise ship with a fatal hantavirus outbreak is set to head toward Spain's Canary Islands, ...

What the growing gap between Americans with good and bad credit says about today's economy

The K-shaped economy is showing up in the divide between credit-score 'thrivers' and 'strivers' Americans' credit scores are on a diverging path. The middle is hollowing out, while the share of ...

Micron's stock soars as new report throws cold water on the bear case: 'This time is different.'

Micron Technology's stock is extending its strong rally following a report from IDC that indicated the memory-chip market could break from its historical cyclical patterns. "The global semiconductor ...