Red Rock Resorts reported a 29.3% decline in net income to $76.6 million for Q2 2026, with revenues down 3% to $510.3 million compared to the same period last year. The decrease was driven by a significant 62% drop in Native American segment revenues and a 9.3% fall in adjusted EBITDA. Las Vegas operations also saw a 2% revenue decline. The company declared a $0.26 quarterly dividend and highlighted ongoing challenges including inflation and economic conditions impacting consumer demand. Investors will watch upcoming conference calls for further insights.
Energy ETFs Energy Select Sector SPDR (XLE) and SPDR S&P Oil & Gas E&P ETF (XOP) are rated strong buys as their valuations reflect long-term oil prices around $67.50 per barrel, which is below current spot prices above $90. This year, these ETFs have...
In the recent quarter, the Goldman Sachs India Equity ETF delivered a net return of 13.77%, outperforming the MSCI India IMI benchmark by 107 basis points. The Consumer Discretionary sector was the largest positive contributor, while an underweight p...
Fractal Bitcoin completed its first halving at block 2,100,000, reducing the block reward from 25 FB to 6.25 FB as part of the FIP-102 upgrade. This upgrade also allocates an equivalent 6.25 FB emission budget for future distribution on the Bitcoin m...
More than 1,500 pounds of imported ready-to-eat pork products, specifically dry-cured pork jowl (guanciale), have been recalled in the US due to potential contamination with Listeria monocytogenes. The recall, classified as Class I by the USDA, invol...
Zefiro Methane Corp. secured an $11.5 million contract to plug orphaned and end-of-life oil and gas wells for a state environmental department in the Great Lakes region. The work will be carried out from November 2026 to June 2029, with $3 million to...
