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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.

Stock Market Today

  • SpaceX Debuts on Nasdaq: 3 ASX Stocks Offering Australian Investors Space Sector Exposure
    June 12, 2026, 4:20 PM EDT. SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker SPCX at US$135 per share, marking the public debut of Elon Musk's aerospace endeavour. This listing opens new opportunities for Australian investors to participate in the rapidly expanding space industry. Alongside SpaceX's IPO, three Australian Securities Exchange (ASX) stocks provide indirect space sector exposure through satellite technology, space infrastructure, and related aerospace services. These ASX-listed firms offer diversified investment channels amid growing global interest in space exploration and commercial applications. Investors seeking to capture growth in the space economy can consider these ASX stocks as complementary plays to the newly public SpaceX.

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Itaú Unibanco Shares Up After Capital Move, Inflation Figures in Focus

Itaú Unibanco Shares Up After Capital Move, Inflation Figures in Focus

12 June 2026
Itaú shares outperformed a weaker Brazilian market after issuing R$3 billion in perpetual subordinated financial bills to boost capital, lifting its Tier 1 ratio by 19 basis points; investors now await Brazil’s June 16–17 central-bank rate decision following hotter-than-expected May inflation, a key risk for loan growth and credit quality.
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