Casino Stocks A Good Gamble After Recent Underperformance

Macau casino stocks Melco Resorts & Entertainment Ltd (ADR) MLCO 2.73%, Wynn Resorts, Limited WYNN 0.45%, Las Vegas Sands Corp. LVS 1.59% and MGM Resorts International MGM 0.75% have been on fire in 2017, but recent reports over junket liquidity concerns in Macau triggered a significant pullback in the stocks in the past week.

Big Bank Stocks Slump on Mixed Earnings

JPMorgan Chase & Co. (ticker: JPM), Citigroup Inc. (C) and Wells Fargo & Co (WFC) kicked off big-bank earnings season on Friday morning by delivering a mixed bag of numbers. Overall, the banks reported better-than-expected earnings and revenue in the second quarter, but their stocks all initially traded lower as investors focused on soft trading revenue numbers…

Delta Reports First Unit Revenue Growth Since 2015

Delta Air Lines, Inc. (ticker: DAL) shares dropped 2 percent Thursday morning after the company reported a second-quarter earnings miss. But despite the disappointing earnings, Delta said unit revenue and margins are trending in the right direction heading into what could be a strong second half of the year.