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☆ BlackRock's COO said he gave his staff a memo written by ChatGPT and they couldn't tell AI wrote it
▼ + stars: | 2024-05-17 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewEmployees at the investment behemoth BlackRock couldn't tell that a strategy memo they were reading was actually written by ChatGPT, the company's COO said on Thursday. BlackRock COO Robert Goldstein recounted the anecdote during an interview with Fortune's Lee Clifford. Goldstein said he'd worked with his team to prepare a memo on the company's generative AI strategy for a board meeting that took place "several months ago." But instead of drafting it themselves, Goldstein decided that the team should get ChatGPT to write the memo instead. Last month, BlackRock CEO Larry Fink said in an earnings call that the company's investments in AI would bolster productivity.

Persons: —, BlackRock, ChatGPT, Robert Goldstein, Fortune's Lee Clifford, Goldstein, he'd, BlackRock didn't, Larry Fink, Fink, Kristalina Georgieva, Georgieva Organizations: Service, BlackRock, Finance, Business, BI, IMF, Swiss Institute of International Studies Locations: New York, BlackRock, Zurich

☆ The diversity of our hotel-casino-resorts has made us leaders in Asia, says LVS's Robert Goldstein
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe diversity of our hotel-casino-resorts has made us leaders in Asia, says LVS's Robert GoldsteinCNBC's Contessa Brewer and Robert Goldstein, Las Vegas Sands CEO, join 'The Exchange' to discuss the power of the Chinese consumer, Las Vegas Sands' latest earnings results, competition in the casino gaming space.

Persons: LVS's Robert Goldstein, Contessa Brewer, Robert Goldstein Organizations: Las Vegas Sands Locations: Asia, Vegas

☆ What Las Vegas Sands' strong earnings report tells us about Wynn Resorts
▼ + stars: | 2023-10-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

A rebound in spending by Chinese travelers helped Las Vegas Sands ' (LVS) deliver a strong quarter on Wednesday. It should help Club holding Wynn Resorts (WYNN), too. Wynn stock gained 2.4% to $88 apiece. WYNN YTD mountain WYNN stock year-to-date performance. "A relevant question is can the market grow to $30 billion, $35 billion, $40 billion of GGR and beyond?

Persons: Macao's EBITDA, Wynn, WYNN, Robert Goldstein, Jim Cramer's, Jim Cramer, Jim, Bob Henry Organizations: Wynn Resorts, WYNN, Vegas Sands, Vegas, Macao hasn't, Club, CNBC, Wynn, Universal, Getty Locations: Las Vegas, Vegas Sands, Singapore, Macao, Asia, Vegas, Macau, China

☆ Las Vegas Sands beats Wall Street estimates on ongoing tourism recovery in Macau
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The logo of Las Vegas Sands Corp is pictured at the Japan IR EXPO in Yokohama, Japan January 29, 2020. REUTERS/Kim Kyung-Hoon Acquire Licensing RightsOct 18 (Reuters) - Las Vegas Sands Corp (LVS.N) reported better-than-expected profit and revenue for the third quarter on Wednesday, as ongoing ramp up of outbound tourism to Macau and Singapore spurred gaming volumes and retail sales. Shares of the casino operator, which has operations in Macau and Singapore, rose 5.13% in trading after the bell. Both Macau and Singapore have seen tourism soar after pandemic restrictions eased, with visitation to Macau surpassing three million in August for the first time since the pandemic. With tourism close to pre-pandemic levels, Las Vegas Sands has benefited from a business mix comprising a greater share of the mass segment as opposed to VIP in its properties – Marina Bay Sands in Singapore and The Londoner and The Venetian in Macau.

Persons: Kim Kyung, Robert Goldstein, Ananta Agarwal, Shailesh Organizations: Vegas Sands Corp, REUTERS, Thomson Locations: Japan, Yokohama, Macau, Singapore, Vegas, Bay Sands, Macao, Bengaluru

☆ Sheldon Adelson was a true visionary, says Las Vegas Sands CEO
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSheldon Adelson was a true visionary, says Las Vegas Sands CEORobert Goldstein, chairman and CEO of Las Vegas Sands, shares his memories of Sheldon Adelson, the late founder of the casino company.

Persons: Sheldon Adelson, Robert Goldstein Organizations: Vegas Sands, Las, Las Vegas Sands Locations: Las Vegas

☆ We're very confident about the future of Macao, says Las Vegas Sands CEO
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're very confident about the future of Macao, says Las Vegas Sands CEORobert Goldstein, chairman and CEO of Las Vegas Sands, discusses "one of the confusions the market has about [the non-gaming business]."

Persons: Robert Goldstein Organizations: Vegas Sands, Las, Las Vegas Sands Locations: Macao, Las Vegas

☆ Las Vegas Sands CEO shares a 'painful' and 'emotional' decision the company made during the pandemic
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLas Vegas Sands CEO shares a 'painful' and 'emotional' decision the company made during the pandemicRobert Goldstein, chairman and CEO of Las Vegas Sands, speaks to CNBC's Emily Tan about how the company dealt with the pandemic.

Persons: Robert Goldstein, Emily Tan Organizations: Vegas Sands, Las Locations: Las Vegas

☆ Las Vegas Sands 2nd qtr revenue beats Wall Street estimates
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, July 19 (Reuters) - Las Vegas Sands Corp (LVS.N) on Wednesday reported second quarter revenue of $2.5 billion, beating Wall Street estimates. The Las Vegas-based casino operator said earnings are benefiting from a return to normalcy in Macao after a delayed rebound in tourism due to China's zero-COVID policy. "We were pleased to see the robust recovery in travel and tourism spending underway in both Macao and Singapore progress during the quarter," Robert Goldstein, Las Vegas Sands' chief executive officer said in a statement. Reporting by Doyinsola Oladipo in New York; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Goldstein, Doyinsola Oladipo, Chris Reese Organizations: YORK, Vegas Sands Corp, Wall, Las, Las Vegas Sands, Thomson Locations: Vegas, Macao, Singapore, Las Vegas, New York

This photograph taken on October 20, 2022 shows a replica of the Big Ben Tower at the Londoner Casino resort at the Cotai Strip in Macau. They can now do the same in Macao, the so-called Las Vegas of Asia. The Londoner Macao, a British-themed luxury casino resort in the Chinese gambling hub, held its grand opening ceremony on Thursday. You can't get better spa experience, you can't get better food experience," Las Vegas Sands CEO Robert Goldstein told CNBC on Thursday. The Londoner Macao casino resort and the Venetian casino resort, along the Cotai strip in Macau, China.

Persons: Eduardo Leal, EDUARDO LEAL, Ben, David Beckham, we've, Robert Goldstein, Goldstein, Wonderland, Beckham Organizations: AFP, Getty, Afp, Vegas Sands, CNBC, Downing, Fountain, Las Vegas Sands, Sands, The Plaza Macao, Hotel Macao, Bloomberg, Macao, Guard Locations: Macau, Asia, Macao, Vegas, British, Westminster, Shaftesbury, London, Las, Venetian Macao, Parisian Macao, Italy, France, England, Paris, China, Buckingham, Hong Kong

☆ All-weather stocks that can outperform in any economic 'landing,' according to Evercore ISI
▼ + stars: | 2023-03-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

As investors weigh the possibility of a U.S. recession or a soft landing, there are certain stocks that should outperform in either scenario, according to Evercore ISI. However, Evercore ISI is among those on Wall Street that have a base-case scenario of a recession in the second half of the year. The other is what he calls " valmentum stocks " — value stocks with momentum — that have high free-cash-flow yield and strong earnings-per-share momentum, he added. Booking Holdings is one of Evercore ISI's valmentum stocks and could rally about 15% from Friday's close, according to the firm's price target of $3,000. Wynn is up more than 40% year to date, while Las Vegas Sands stock has gained more than 26%.

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