RRR
NASDAQ · Hotels, Restaurants & Leisure
Red Rock Resorts Inc-Class A
$50.30
-0.61 (-1.20%)
RRR News30 articles
Illumina's S&P 500 Debut Marred by Pre-Listing Dip Despite Record Volume
Illumina (ILMN) dropped 2.3% to $239.62 on Friday, even as trading volume surged 8.86x ahead of its S&P 500 inclusion. The stock joins the index Monday, but margin pressure and valuation remain concerns.
Credit Acceptance Settles Multistate Probe, Stock Dips 2%
Credit Acceptance (CACC) shares fell 2% after a multistate settlement involving $75.5M cash and $634M in waived balances. The deal clarifies costs but raises questions about collections.
Chrome's Post-Quantum HTTPS Upgrade: Key Exchange Secured, Authentication Still Classic
Google Chrome enables quantum-resistant key exchange by default, but website authentication still relies on classical cryptography. Learn what this means for HTTPS security.
BrewDog Creditors Face Pennies on the Pound After Tilray Acquisition
BrewDog plc unsecured creditors are set to recover under 1p per pound, while bar business creditors get nothing. Tilray's £33M acquisition leaves old shareholders empty-handed.
Twitch CEO Predicts GTA VI Multiplayer in 2027, Rockstar Silent
Twitch CEO Dan Clancy expects GTA VI multiplayer in 2027, but Rockstar hasn't confirmed. The gap creates uncertainty for Take-Two's forecasts.
BoE Holds Rates at 3.75%, Unveils Long-Term Gilt Reduction Plan
The Bank of England held rates at 3.75% and announced a plan to reduce its gilt holdings by £368 billion by 2034. Inflation expectations were revised higher.
GAO Puts $6.7B Price Tag on Deferred Resignation Leave
The GAO estimates $6.7B in paid leave costs for the deferred resignation program, but cannot confirm net savings. OPM projects $20B annual savings.
US Redirects $52M Military Aid to Latin America, Signaling Policy Shift
Washington redirects $52M in military aid to Latin America, a policy signal with limited near-term earnings impact for defense contractors like Lockheed Martin and RTX.
NY Energy Rebate Checks Mailing Sept. 21; Not Utility Credits
New York will mail $1 billion in energy-rebate checks starting Sept. 21, with up to $200 for eligible households. The state-funded payments are not utility credits and won't directly reduce past-due balances at Con Edison (ED).
Advasa's Direct Listing Raises No Cash, 94M Shares Registered for Resale
Advasa's 40% premarket bounce recovers little of its losses. The direct listing raised no cash, and 94 million shares are registered for resale, casting a shadow over the stock.
Houthi Island Seizures Add Red Sea Risk as Brent Holds Above $101
Houthi seizure of two Red Sea islands near Bab al-Mandeb adds to oil route risks. Brent holds above $101 as traders assess potential supply disruptions.
Greenwave's Preferred Deal Could Flood Shares by 86%
Greenwave Technology Solutions (GWAV) raised $3.75M via preferred stock, potentially adding 715,649 common shares—86.3% of its count—raising dilution concerns.
DeFi Development Expands CHAD Preferred ATM to $300M for Solana Treasury
DeFi Development Corp. has launched an at-the-market program for 30 million CHAD preferred shares, potentially raising $300M to fund Solana (SOL) acquisitions and strategic initiatives.
Sandisk's Credit Line: A Strategic Hedge, Not a Cash Crunch
Sandisk's new $1.5B revolver is a cost-effective insurance policy, not a sign of distress. The company remains debt-free with ample cash.
Australian Home Prices Slide 3.1%: Banks Face Growth Squeeze, Not Credit Crunch
Australian home prices fell 3.1% in three months to August, pressuring CBA and peers with slower mortgage growth, but arrears remain low. RBA decision due Sept 29.
Reddit Stock Surges 6% on Strong August Traffic, But Logged-In Growth Remains Key
Reddit stock jumped 6.1% on fresh August traffic data, but the key metric remains U.S. logged-in user growth, which was nearly flat in Q2.
Loonie Slips Despite Oil Spike: Why CAD Ignored $104 Crude
The Canadian dollar weakened to C$1.3834 per USD even as oil surged past $104. Higher U.S. yields and trade tensions outweighed the crude boost.
Macy's Q2 Preview: Credibility at Stake Despite Low Bar
Macy's Q2 earnings arrive with a low bar but high credibility test. Investors need to see namesake comps and margin quality, not just an EPS beat.
SK hynix ADR Surges 7% but 44% Premium Raises Red Flags
SK hynix's US ADR jumped 7% to $198.63, but trades at a 44% premium to its Seoul-listed shares. Investors weigh AI memory growth against convergence risk.
DraftKings Stock Slips 2.2% as Staggered $200 Bonus Bets Target Retention
DraftKings shares dropped 2.2% as its $200 welcome offer, paid in staggered installments, aims to boost retention. Q2 results showed revenue decline and rising marketing costs.
DraftKings Stock Slips as IC360 Deal Highlights Predictions Margin Concerns
DraftKings' expanded IC360 compliance deal addresses integrity risks but fails to ease investor worries about converting user growth into profit. Shares slipped to $23.87.
Arbor Realty's 13.6% Yield Hangs on Credit Recovery
Arbor Realty Trust's dividend yield is high, but Q2 earnings covered only 59% of the payout, raising sustainability concerns as credit costs persist.
TELUS's New 5.7% Yield: A Debt-Reduction Play, Not a Simple Income Bargain
TELUS shares at C$13.25 offer a 5.7% yield after the dividend reset, but the stock remains a debt-reduction story. With leverage at 3.5x and soft 2026 guidance, investors watch for proof of deleveraging.
DraftKings' $200 Bonus Staggered Over 21 Days Amid Margin Slide
DraftKings' new $200 sign-up bonus is paid in four weekly drops, a design that may reduce promotional costs. Meanwhile, Q2 sports margin fell to 6.8%.
AMC's Delivery Push: Old News, Unanswered Questions
AMC's home-delivery service for popcorn is years old, yet the company still doesn't disclose sales or profits from it. Investors need more transparency.
Kalshi's $25 Football Credit Highlights Costly Battle for Prediction Market Share
Kalshi's $25 trading credit for new football traders highlights the expensive fight for prediction market share. Robinhood, DraftKings, and Flutter are also investing, but retention and revenue remain unclear.
Blue Owl's Loparex Markdown Raises Private Credit Valuation Questions
Blue Owl Capital marked Loparex loans down 93%, raising questions about private credit valuations as OBDC trades at a 20% discount to NAV.
Credo Rebounds 3.9% but $97M Stock Compensation Looms Over Valuation
Credo shares bounced 3.9% Friday, but the company's hefty stock-based compensation and customer concentration continue to pressure its valuation.
Standard Chartered's UAE Crypto Launch: A Strategic Move Beyond the 1.8% Share Gain
Standard Chartered's UAE crypto trading launch drove shares up 1.8%. The integrated custody, stablecoin, and execution stack is strategic but lacks financial details.
Intellia's $400M Credit Deal: Modest Initial Draw, Dilution Risk Lingers
Intellia's $400M credit facility starts with just $75M, leaving future tranches conditional. The stock barely moved, as dilution risk persists with an ATM program still active.