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Barry Diller's shareholder letter is a good model for making a financial announcement.
Casino, cruise-line, and airline stocks are roaring higher today on some positive news for the travel industry.
The company posted revenue of $726.4 million, up 5% from a year earlier adjusted for the spinoff of Match.com.
Macao was in the news in a good way for casino stocks today.
ANGI Homeservices Inc. saw revenue climb 7% in July amid continued demand for home-improvement projects during the pandemic, but that growth marked a...
MGM Resorts, Amazon, Workhorse Group and Nikola were our top stock trades for Tuesday. That said, here's a look at the charts.
IAC/InterActiveCorp. embarked on a new chapter in its corporate history Monday by announcing a 12% stake in MGM Resorts International as it looks to reshape...
Shares in MGM Resorts surged 14% after IAC/Interactive announced that it had accumulated a 12% stake for an aggregate of $1 billion as the internet and
IAC, the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling.
Economically sensitive ‘cyclical’ stocks are beating tech stocks.
IAC/InterActiveCorp. has spent just over $1 billion to build a 12% stake in MGM Resorts and plans to help the casino operator expand its online-gambling business.
MGM's online gaming business, which currently constitutes a tiny portion of its revenue, was what initially attracted Diller, the billionaire told shareholders in a letter.
Exchange-traded funds with a big position in Arconic Corporation undefined jumped sharply in midday trade Monday. The aluminum company was up nearly 16%, on...
The investment comes at a time when the gambling industry has been ravaged by government restrictions on movement due to COVID-19
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