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Melco Resorts and Entertainment Newsroom
Earnings Preview: MLCO to Report Financial Results Pre-market on November 05
$Melco Resorts and Entertainment(MLCO.US)$ is scheduled to release its financial results pre-market on November 05 ET. Earnings PreviewAnalysts estimate $Melco Resorts and Entertainment(MLCO.US)$ to
Earnings Preview: MLCO to Report Financial Results on November 05
$Melco Resorts and Entertainment(MLCO.US)$ is scheduled to release its financial results on November 05 ET. Earnings PreviewAnalysts estimate $Melco Resorts and Entertainment(MLCO.US)$ to post
Studio City Announces Earnings Release Date
Melco Announces Earnings Release Date
SIG Maintains Melco Resorts and Entertainment(MLCO.US) With Buy Rating, Cuts Target Price to $10
CICC's rating and target price for Macau gambling stocks in "Dah Sing" (table).
CICC has released a research report on the investment ratings and target prices of Macau gaming stocks as follows: Stock | Investment Rating | Target Price (HKD) Galaxy Ent (00027.HK) | Outperform | 42 Sands China (01928.HK) | Outperform | 22.8 MGM China (02282.HK) | Outperform | 16.8 Wynn Macau (01128.HK) | Outperform | 8.8 SJM Holdings (00880.HK) | Neutral | 3 Melco Resorts and Entertainment (MLCO.US) |
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know
Macquarie: Lowering Macau's third-quarter gambling industry gambling revenue and EBITDA forecasts, preferring Galaxy Entertainment (00027).
According to a report released by Morgan Stanley, the reduction in overall promotional activities and the impact of macroeconomic factors on demand led to a downward revision of 5% and 8% in Macau's third-quarter gambling revenue and gambling industry EBITDA forecasts, respectively.
Melco Shares Are Trading Lower Following the Election of Sam Hou-Fai as Macau's Next Leader. Sam Hou-Fai Has Reportedly Called for Diversifying Macau's Industries Beyond Gambling.
BofA Securities Downgrades Melco Resorts and Entertainment(MLCO.US) to Hold Rating, Raises Target Price to $9.2
Express News | Wynn Resorts Down 4.9%, Las Vegas Sands Down 4.3%, U.S. Shares of Melco Resorts Down 8.1%, MGM Resorts Down 1.2%
Express News | Casino Stocks Down Premarket on Doubts Over China Stimulus
'Casinos Are Winning Big On Chinese Stimulus' - Financial Times
Lion elevated the target price of sjm holdings to 3.5 Hong Kong dollars, with mgm china (02282) and sands china as top choices.
Lyon released a research report stating that the current valuation of the Macau gaming industry is about 10.3 times the forecast enterprise value to EBITDA ratio for 2024, lower than the average level of 14.2 times. Considering the improved market sentiment, the target price of six major gaming companies has been raised. SJM Holdings (00880) has been upgraded from a "hold" rating to "outperform the market" with the target price raised from 2.4 Hong Kong dollars to 3.5 Hong Kong dollars; MGM China (02282) and Sands China (01928) are the top picks with their target prices raised to 15.6 Hong Kong dollars and 25.1 Hong Kong dollars respectively, both with an "outperform the market" rating. Silver
US stock market outlook: US September non-farm data higher than expected! Three major futures indicators surge in a straight line; will Chinese concept stocks continue to climb? Morgan Stanley: If short positions cover, it will push up the upward trend.
Bank of America: China stock fund saw the second highest inflow scale in history in the past week; European Central Bank Governing Council: inflation is under control, concerns arise as labor market cools down; spirit airlines plunged 33% before the market, the company is discussing potential bankruptcy application terms.
"Bull market leader" sends a heavy signal, market optimism continues to rise! Is a major trend about to emerge?
The brokerage sector has always been a barometer of bull markets. Today, brokerage stocks once again surged across the board, indicating that the market still holds a generally optimistic outlook for the future performance of the Hong Kong stock market.
US stock market outlook: Three major futures indexes narrowed their pre-market declines, with most Chinese concept stocks weakening; Goldman Sachs is once again 'rooting' for the S&P! US stocks will see a big rise at the end of the year.
The Fed leads the way! The global rate cut pace is beginning to accelerate significantly; ongoing strikes at US ports lead to a sudden increase in inflation risks; Berkshire Hathaway plans to issue yen bonds for the second time this year, analysts say Buffett may be eyeing financial and shipping stocks.
Express News | Market research institutions: Using history as a reference, Chinese stocks still have room to rise.