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NASDAQ:WYNN 8 May 2026

Wynn Resorts Stock Falls Despite Q1 Beat as UAE Delay Clouds a Big Macau Bet

Wynn Resorts Stock Falls Despite Q1 Beat as UAE Delay Clouds a Big Macau Bet

Wynn Resorts shares fell $7.21 to $99.64 Friday despite beating first-quarter profit estimates, as investors reacted to a delayed UAE resort timeline and a new $900 million-plus expansion at Wynn Palace in Macau. Operating revenue rose 9.2% to $1.86 billion and adjusted profit reached $1.25 a share, topping forecasts. Wynn Palace revenue jumped 23% to $659.3 million. Construction on the new Macau tower starts in late 2026.
8 May 2026
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Stock Market Today

  • Live Cattle Futures Mixed Ahead of USDA Cattle on Feed Report
    June 18, 2026, 10:57 AM EDT. Live cattle futures rose 42 cents for June contracts but fell 15 to 75 cents elsewhere on Wednesday, with open interest up 3,469 contracts. The Fed Cattle online auction saw no sales on 1,466 head offered. Feeder cattle futures gained late session strength, closing up to $1.97. The USDA will release the May Cattle on Feed report today; placements are forecasted down 5.5% year-on-year, marketings down 10.6%, and June 1 on-feed inventory expected 2.5% higher. Wednesday's boxed beef prices were mixed: Choice boxes fell $5.08 to $394.50, Select rose 41 cents to $377.26. Estimated federally inspected cattle slaughter was 109,000 head, slightly up weekly but down year-on-year. Traders await Thursday's USDA data, key for market direction.

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