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☆ Here’s our third-quarter earnings report card for all the stocks in our portfolio
▼ + stars: | 2022-12-27 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts. Danaher (DHR) reported sales and earnings beats on the back of better-than-expected results in all three segments of the health technology company. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Still the luxury hotel and casino company reported solid third-quarter results boosted by its U.S. properties. Amazon (AMZN) reported results that were disappointing, to say the least, and compounded by guidance that was even worse.

Wynn's 2 properties in the special administrative region of Macao, China, had generated roughly 70% of the company's total revenue pre-Covid-19. Both Wynn and Estee Lauder are down more than 30% year-to-date, while Honeywell has risen more than 3% this year. The Club take China's latest move to reopen its economy should be a catalyst for multiple Club holdings. For Estee Lauder, a leader in luxury skin care, makeup and fragrances, China represents a key driver of growth. Relaxed quarantine restrictions should also boost the aerospace industry, which still hasn't fully recovered from the pandemic.

☆ Stocks making the biggest moves midday: Southwest, Peloton, Tesla, Herbalife and more
▼ + stars: | 2022-12-27 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Las Vegas Sands , Wynn Resorts — The casino stocks rose following China's announcement that it will end quarantine for international travelers starting Jan. 8. Shares of Las Vegas Sands and Wynn Resorts have outsized exposure to the country given their operations in Macao. B. Riley Financial - Shares of the investment company climbed more than 4% after it released guidance for the fourth quarter. The company said it expects operating adjusted EBITDA of between $90 million and $100 million for the fourth quarter. That is down from the fourth quarter of 2021 but above some previous quarters this year.

☆ The Investing Club's top 5 things to watch in the market Tuesday: Stocks edge up, China, Tesla
▼ + stars: | 2022-12-27 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Casino Mogul Steve Wynn Is Betting on the Luxury Market, as He Unloads $300 Million in Personal Real Estate
▼ + stars: | 2022-12-20 | by ( Libertina Brandt | Katherine Clarke | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Casino mogul Steve Wynn is putting his Sun Valley, Idaho, homes on the market as he looks to sell a huge swath of his personal real estate for close to $300 million.

☆ Final Trades: General Electric, DocuSign, Wynn Resorts & more
▼ + stars: | 2022-12-20 | 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 EmailFinal Trades: General Electric, DocuSign, Wynn Resorts & moreThe "Halftime Report" traders give their top picks to watch for the second half.

"It's a knife edge between whether we're going to teeter into a recession or have a soft landing. said Brown who also noted that moves may be exaggerated as many investors take vacation around the end-of-year holidays. Declining issues outnumbered advancing ones on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored decliners. The S&P 500 posted 5 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 66 new highs and 456 new lows. On U.S. exchanges 11.07 billion shares changed hands, compared with the 11.59 billion average for the last 20 trading days.

[1/2] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. "When people adjust their expectations after the Fed meeting, higher rates typically imply more compressed multiples for growth stocks." Further, hawkish messages delivered by three Fed officials including New York Fed President John Williams last week underscored the U.S. central bank's determination to do what it takes to ease price pressures. Still, money market participants are pricing in 61% chance of a 25 basis points rate hike in February to 4.5%-4.75%, with a terminal rate of 4.84% in May 2023. The S&P index recorded five new 52-week highs and 15 new lows, while the Nasdaq recorded 42 new highs and 335 new lows.

☆ Stocks making the biggest moves midday: Disney, Tesla, Mesa Air and more
▼ + stars: | 2022-12-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Check out the companies making the biggest moves midday Monday:Disney — Disney fell 3.6% after its film, "Avatar: The Way of the Water" fell short of box office expectations. The highly-anticipated movie brought in $134 million, less than the $175 million expected by analysts and under the $135 million to $150 million range Disney had forecast. Casino operators — Wynn Resorts fell 4.2%, while MGM Resorts lost 2.9% and Las Vegas Sands dropped 1.6%. Mesa Air Group — Shares of the airliner jumped 5% after Mesa Air announced it is finalizing a deal to run regional flights for United Airlines, while ending its partnership with American Airlines. Warner Music Group — Shares gained 2.5% following an upgrade to overweight from Atlantic Equities.

[1/2] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. "When people adjust their expectations after the Fed meeting, higher rates typically imply more compressed multiples for growth stocks." Further, hawkish messages delivered by three Fed officials including New York Fed President John Williams last week underscored the U.S. central bank's determination to do what it takes to ease price pressures. Still, money market participants are pricing in 65% chance of a 25 basis points rate hike in February to 4.5%-4.75%, with a terminal rate of 4.84% in May 2023. The S&P index recorded five new 52-week highs and eight new lows, while the Nasdaq recorded two new highs and 59 new lows.

☆ Casinos in Macau, the Vegas of the East, have managed to renew crucial gaming licenses. But there's a hefty catch — they need to pump in $15 billion into non-gaming sectors.
▼ + stars: | 2022-12-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Macau's six casino operators pledged to invest nearly $15 billion in non-gaming sectors. In return for the investments, Macau's government has renewed their gaming licenses. Gaming licenses for the six major casino operators had expired back in June, throwing into question Macau's future as a gambling hub. The new 10-year gaming licenses come into effect on January 1, 2023. Among the six gaming companies, Sands China has committed to spending the most in non-gaming projects — about 27.8 billion patacas, or $3.5 billion.

☆ Concession awards mark a reset for Macao casinos
▼ + stars: | 2022-12-18 | by ( Contessa Brewer | ) www.cnbc.com time to read: +4 min

With mandatory quarantines lifted, ferry and airline service resuming, and licenses renewed, casinos hope 2023 marks a new beginning for the world's preeminent gambling destination, Macao. The Macao government awarded six companies new 10-year concessions to operate their integrated casino resorts. This month, Macao has seen an increase in tourism from mainland China from visitors trying to get an mRNA Covid vaccine. A rise in Covid infections around China caused November gaming revenue in Macao to fall 23% from October and plummet 99% from November 2019 pre-pandemic levels, according to government data. Fitch estimates Singapore will achieve 80% of its pre-pandemic gaming revenue in 2022, and 95% in 2023.

☆ Here's our November rapid-fire update on all 33 stocks in Cramer's Charitable trust portfolio
▼ + stars: | 2022-12-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Estee Lauder (EL) — New Club members who want to start a position in the cosmetics giant could do so at these levels. We'd advise Club members do so the same, even if we still like the company's defensive nature. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ 10 U.S. stocks to buy as China eases Covid restrictions and looks to reopen
▼ + stars: | 2022-12-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stocks with high exposure to China could stand to gain if the country moves away from its Covid protocols next year, according to Jefferies. A continuation of China's "zero Covid" policy has worried business leaders around the world who view the country as a key part of the global supply chain. For instance, both got boosts in late November after the Chinese government granted resort operators provisional licenses to continue operating in Macau, which signaled progress away from Covid restrictions. Production in Shanghai lagged earlier in the year due to a combination of supply chain challenges and Covid restrictions. Later in the month, plant workers protested amid broader demonstrations against the country's Covid restrictions .

☆ Jim Cramer's top 10 things to watch in the market Thursday: Fed selling, chip stocks boost, Disney concern
▼ + stars: | 2022-12-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Barclay's raises price target on Club holding Wynn Resorts (WYNN) to $95 per share from $75; keeps an equal weight (hold) rating. Citi raises price target on Club holding Linde (LIN) to $402 per share from $322; keeps buy rating. HSBC starts Club stock Nvidia (NVDA) with a reduce rating and a $136-per-share price target; says downside not priced in. Cowen downgrades JetBlue (JBLU) to market perform from outperform (hold from buy); trims price target to $10 per share from $9. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Macau casinos' new contracts to sharpen focus on non-gaming activities
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +3 min

The operators are expected to focus on non-gaming activities in the new term, particularly as Beijing is keen for Macau to diversify away from gambling and attract foreign tourists. Some analysts expect them to make non-gaming investments of up to $15 billion cumulatively over the next decade. Genting, with its strong non-gaming track record and mass market appeal, was a credible threat for the Macau operators, many executives and analysts have said. Previous attempts by Macau to diversify have been unsuccessful, with casino operators shying away from investing in non-gaming due to the high costs, particularly as the gambling industry was far more lucrative. Macau's gambling industry currently accounts for more than 80% of government revenues.

☆ Fact Check-Inaccuracies in claims Florida, Kentucky and Missouri all require drug testing for welfare recipients
▼ + stars: | 2022-12-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Users on social media have claimed that welfare applicants in Florida, Kentucky, and Missouri require drug testing, which is partly false. A 2011 Florida law that was passed to drug test all welfare recipients was struck down as unconstitutional in 2014. Thank you Florida, Kentucky, and Missouri, which are the first states that will require drug testing when applying for welfare.” (here). FLORIDAIn 2011, Florida passed a law that would drug test all welfare recipients of the federal program known as Temporary Assistance to Needy Families (here). A Missouri bill was passed in 2011 to allow for applicants for welfare benefits to be drug tested.

☆ 6 Uber and Lyft drivers share their wildest holiday work tales, from drunk passengers to extreme tips
▼ + stars: | 2022-12-12 | by ( Jenny Powers | ) www.businessinsider.com time to read: +12 min

Christmas can be a busy season for Uber and Lyft drivers taking passengers to their families' homes. Shelly Castle, 43, a Lyft driver in Houston, Texas: 'They wound up inviting me in and treating me to breakfast'Shelly Castle. Jonathan Gaurano, 29, an Uber driver in Los Angeles, California: 'I hatched a plan and set out to create an epic compilation video'Jonathan Gaurano. While this wasn't the first video I'd created incorporating Uber passengers, it was certainly my most popular. Bunny Rivera, 35, an Uber driver in Washington, DC: 'They refused to not give up and began chanting'Bunny Rivera and her son.

WASHINGTON, Dec 9 (Reuters) - The U.S. Justice Department will appeal the dismissal of a lawsuit against casino magnate Steve Wynn, who it accused of acting as a Chinese agent. Wynn defeated the lawsuit in October when a federal judge in Washington, D.C., said the casino tycoon could not be ordered to register with the Justice Department as a foreign agent of China. The Justice Department in May sued for a court order forcing Wynn, the former CEO of Wynn Casinos, to register under the Foreign Agents Registration Act (FARA). Wynn's attorneys denied that he was ever an agent of the Chinese government. He also said the Justice Department could pursue criminal sanctions against Wynn for failing to disclose the alleged lobbying, if the statute of limitations had not expired.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, McDonald's, Netflix, Carvana, Microsoft & more
▼ + stars: | 2022-12-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Cowen names Costco a top 2023 pick Cowen said Costco is well positioned in a deteriorating macro environment. " Cowen names Caterpillar a top 2023 pick Cowen said the company is well positioned heading into 2023. Cowen names Netflix a top 2023 pick Cowen said it sees free-cash flow ramping up for Netflix in 2023. Morgan Stanley reiterates Apple as overweight Morgan Stanley said investors should take advantage of any weakness and buy the dip in shares of Apple . Morgan Stanley reiterates Lululemon as overweight Morgan Stanley said the company's fundamentals remain strong after its earnings report on Thursday. "

☆ As China eases Covid restrictions, Club stocks stand to gain
▼ + stars: | 2022-12-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Impact on Club stocks Club stocks with China exposure largely followed the broader market lower Wednesday amid a day of choppy trading in equity and energy markets, fueled by growing fears of a recession. Chip designer Qualcomm (QCOM) also has warned about the impact of China's Covid policy, saying that overall macroeconomic weakness in the country has weighed on smartphone demand. But Wednesday's announcement, nonetheless, signals an important development for Club stocks with China exposure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: China reopening fails to inspire
▼ + stars: | 2022-12-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Two out of the Club's three stocks tied closely to China — Starbucks (SBUX) and Wynn Resorts (WYNN) — are down. Barclays piles on and cuts every price target for oil companies. RBC Capital raises price target on Nike (NKE) to $120 per share from $115; keeps outperform (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Morgan Stanley turns bullish on China stocks, giving them serious upside potential
▼ + stars: | 2022-12-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley has turned bullish on China stocks for the first time in nearly two years as the country embarks on a "clear path set towards reopening." It had held its equal weight rating on Chinese stocks since Jan. 2021 and was last overweight on China in March 2020. Morgan Stanley also gave the major Chinese stock indexes large potential upsides. Morgan Stanley recommended investing in offshore Chinese stocks. Stocks set to benefit Morgan Stanley highlighted a list of stocks it said are set to benefit from the easing in China.

☆ Chinese stocks rally on reopening hopes; Morgan Stanley upgrades to overweight
▼ + stars: | 2022-12-05 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

The Hang Seng TECH Index, which represents the 30 largest technology companies listed in Hong Kong, surged 8% in Asia's trade. Electronic vehicle-maker Xpeng gained 24%, leading gains for the broader index, Li Auto jumped 12% and Nio climbed more than 15%. The Hang Seng index rose 4% while China's CSI 300 index, which tracks the largest largest mainland-listed stocks, rose almost 2%. Hong Kong-listed casino operators also saw significant gains, with MGM China rising 19%, Wynn Macau climbing 16% and Sands China adding 13%. Morgan Stanley upgrades to overweight

☆ Here are the kinds of stocks set to rally as the stock market changes its character amid inflation 'falling like a rock', according to Fundstrat's Tom Lee
▼ + stars: | 2022-12-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The character of the stock market is changing as inflation starts to fall "like a rock," according to Fundstrat's Tom Lee. These are the types of stocks that see short-term upside if inflation continues to fall, according to Lee. Thus, the fall in gasoline will have an impact on both actual and perceived inflation," Lee said. Lee also highlighted that during the 1970's period of high inflation, gasoline prices never eased lower like they have so far this year. These are the types of stocks that should benefit most from falling inflation and a year-end market rally, according to Lee.

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