Today: 9 June 2026
Browse Category

NYSE:MGM 7 December 2025 - 1 June 2026

Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s People Incorporated offered $48.30 per share in cash to buy the MGM Resorts International shares it doesn’t own, valuing MGM at over $18 billion including debt. MGM stock jumped 13% to $49.35, above the offer price. The non-binding bid is 10.6% above MGM’s last close. People already owns 26.1% of MGM. The deal would take MGM private, but still needs a binding agreement, financing, and regulatory approval.
1 June 2026
··
MGM Resorts International (MGM) Stock Today: Big Buyers, Analyst Downgrades and 2026–2030 Forecasts on December 6, 2025

MGM Resorts International (MGM) Stock Today: Big Buyers, Analyst Downgrades and 2026–2030 Forecasts on December 6, 2025

MGM Resorts shares closed at $36.07 on December 5, up 1.9%, with short interest at 8.8% of float and a market cap near $9.8 billion. Norges Bank disclosed a new $60.6 million stake, raising institutional ownership to about 68%. The stock trades above its 200-day moving average. Technical indicators remain mostly positive despite a recent Wall Street price target cut.
7 December 2025
··

Stock Market Today

  • Analysis Suggests SpaceX IPO May Be Overvalued
    June 8, 2026, 6:56 PM EDT. Despite optimistic projections, SpaceX's initial public offering (IPO) could be overvalued. Evaluations indicate that only the most ambitious 'Moonshot' scenario nearly matches the proposed IPO price, raising concerns about high market expectations. Investors should weigh potential risks given the optimistic forecasts underpinning the valuation.

Latest articles

T1 Energy Shares Dip After KORE Power Files New Update

T1 Energy Shares Dip After KORE Power Files New Update

9 June 2026
T1 Energy shares slid 3.2% to $9.13 after a new SEC filing revealed up to $24.7 million in stock-linked payments for its $32 million KORE Power acquisition, spotlighting dilution risks as the company expands into battery storage and data-center power; the deal’s structure and timing come as T1 seeks growth funding and investors weigh near-term costs against future EBITDA targets.
OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI IPO filing puts AI rally at center stage for Wall Street

9 June 2026
OpenAI has confidentially filed for a possible IPO, but investors won’t see key financials—including revenue quality, cash burn, and compute costs—until the S-1 goes public; with $2 billion monthly revenue and a recent $852 billion valuation, the filing signals a pivotal shift as AI giants race for public capital amid rising infrastructure costs and growing competition from Anthropic.
Wall Street Volatility Index Jumps as Chip Stocks Swing

Wall Street Volatility Index Jumps as Chip Stocks Swing

9 June 2026
The VIX plunged 12% to 18.92 as chip stocks rebounded sharply, with the Philadelphia Semiconductor Index jumping 5.6% and Intel soaring 11.2% after a major Google order, clawing back part of Friday’s $1.3 trillion rout; investors remain cautious ahead of key inflation data, interest rate decisions, and Middle East risks.
UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

9 June 2026
UBS upgraded Cummins to Buy and hiked its price target to $850 from $565, citing surging data-center backup power demand and a stronger North American truck cycle; Cummins shares jumped 3.3% to $672.68 as UBS projected 2028 EPS of $41.25, topping consensus, and flagged double-digit Power business growth and raised long-term targets as key drivers.
Go toTop