{ }
001122334455554433221100
001122334455554433221100

macau gaming revenue drops 44 percent post golden week amid sharp decline

Macau's gaming revenue plummeted 44% week-on-week post-Golden Week, averaging MOP575 million (US$71.66 million) daily, exceeding last year's 36% decline. Analysts predict a daily run-rate of MOP574 million for the remainder of May to meet consensus estimates, with gross gaming revenue potentially reaching MOP21 billion, 81% of 2019 levels. Despite a slight improvement in VIP win rates, the demand slowdown was sharper than historical trends, attributed to front-loaded demand.

barclays raises price target for wynn resorts following strong quarterly performance

Barclays has raised its price target for Wynn Resorts (WYNN) from $99 to $101, maintaining an Overweight rating, following a strong first-quarter performance and positive trends in Macau. Analysts project an average target price of $107.11, indicating a potential upside of 28.25% from the current price of $83.52. Wynn Resorts reported significant revenues across its locations, with Las Vegas generating $625.3 million and Macau $865.9 million, while maintaining a robust liquidity position of $3.2 billion.

barclays lowers price target for las vegas sands maintains overweight rating

Barclays has adjusted its price target for Las Vegas Sands Corp. to $51 from $53 while maintaining an overweight rating. The company focuses on casino operations, which account for 72.5% of net sales, alongside accommodation services, shopping malls, and catering, with a significant presence in Macau (63%) and Singapore (37%).

Barclays lowers Las Vegas Sands price target but maintains positive outlook

Barclays has slightly reduced its price target for Las Vegas Sands from $53 to $51 while maintaining an Overweight rating, citing strong performance in Singapore despite a dip in Macau. Analysts remain optimistic about the company's risk/reward profile, with a consensus average target price of $54.01, suggesting a potential upside of over 57% from the current price. The company reported record EBITDA in Singapore and increased its share repurchase authorization to $2 billion, reflecting confidence in its future prospects.

barclays lowers price target for wynn resorts while maintaining overweight rating

Barclays has revised its price target for Wynn Resorts to $99 from $116 while maintaining an Overweight rating. As of the end of 2024, Wynn Resorts operates four hotel-casinos, with net sales primarily generated from casino operations (59.8%), followed by restaurants and bars (15%), and hotel services (17.4%). The company's revenue is nearly evenly split between the United States (51.7%) and Macau (48.3%).

DHL halts B2C shipments to US amid new customs regulations

DHL has suspended business-to-consumer shipments valued over $800 to the U.S. due to new customs regulations, effective April 21. This change requires formal entry processing for such shipments, impacting logistics and increasing costs for alternative carriers. The shift also places a heavier administrative burden on importers, complicating cross-border e-commerce, especially for small and medium-sized businesses.

xiaohongshu pivots to global expansion amid challenges in western markets

Xiaohongshu, the Chinese social media platform, is pivoting to expand internationally after a surge of users from TikTok's potential ban. With a new Hong Kong office and a global e-commerce pilot targeting the U.S. and beyond, the platform aims to retain its growing user base while facing challenges in monetization and competition with Western apps. Despite initial success, analysts express skepticism about its long-term commercial viability in the West.

pop mart reports 1.8 billion revenue in 2024 with significant growth

Pop Mart, a Chinese toy and collectible company, achieved a revenue of 13.04 billion yuan (approximately US$1.8 billion) in 2024, marking a 106.9% increase from 2023. The company's net profit soared to 3.4 billion yuan (around US$468 million), reflecting a year-on-year growth of 185.9%. Notably, revenue from markets outside mainland China reached 5.07 billion yuan (about US$698 million), a remarkable 375.2% increase, accounting for 38.9% of total revenue.

bank of china stock receives neutral rating as shares decline slightly

Bank of America has reaffirmed a "neutral" rating for Bank of China (OTCMKTS:BACHY), while Goldman Sachs upgraded it from "hold" to "strong-buy." The stock traded down 0.8% to $14.73, with a market cap of $173.45 billion and a P/E ratio of 5.78. Despite a current buy rating, analysts suggest five other stocks may be better investment options.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.