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Resorts' Near-Term Core Trends Could Remain Pressured, BofA Securities Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2669491408","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669491408?lang=en_us&edition=fundamental","pubTime":"2026-09-24 23:19","pubTimestamp":1790263188,"startTime":"0","endTime":"0","summary":"MGM Resorts International's  near-term core trends in Las Vegas, Macau and digital could continue to be pressured even as People  indicated it remained interested in a potential strategic transaction after withdrawing its acquisition proposal, BofA Securities said in a note Thursday.People's proposal highlighted potentially undervalued assets within MGM, including the Osaka, Japan development, the investment firm said. People still owns 27% of MGM Resorts, the firm added.BofA models Q3 EBITDA below consensus for Las Vegas and Macau as it noted the seemingly softer demand in Las Vegas and slower market growth in Macau. In digital, BetMGM is performing well but NFL outcomes could weigh on Q3, while international digital faces regulatory risk in Brazil, according to the note.BofA Securities moved its rating on MGM Resorts stock to neutral from no rating, with a price target of $40.Shares of MGM Resorts were down 9.6% in Thursday trading.Price: 34.21, Change: -3.64, Percent Change: -9.61","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4561","LU1571399168.USD","BK4150","PPLI","BK4585","MGM","ODDZ","BK4588","BK4077"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2669491440","title":"USD/CHF (USDCHF) Volatility Intensified on Sep 24: Factors to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2669491440","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669491440?lang=en_us&edition=fundamental","pubTime":"2026-09-24 23:05","pubTimestamp":1790262320,"startTime":"0","endTime":"0","summary":"• The SNB kept its benchmark policy rate unchanged at zero percent.\n• The central bank softened its language regarding foreign exchange market intervention.\n• Widening yield differentials between US Treasuries and Swiss bonds support the 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Google to Launch Satellite to Test AI Hardware in Space","url":"https://stock-news.laohu8.com/highlight/detail?id=2669499935","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669499935?lang=en_us&edition=fundamental","pubTime":"2026-09-24 22:34","pubTimestamp":1790260483,"startTime":"0","endTime":"0","summary":"Alphabet's  Google said Thursday it will launch a prototype satellite to assess how its AI chips perform in space, as part of the first in-orbit test of Project Suncatcher.Project Suncatcher, which the company announced last year, is a long-term research initiative exploring whether space can host AI infrastructure, Google said.The mission onboard SpaceX's  upcoming Transporter-18 rideshare mission was developed in partnership with Planet , Google said.Price: 335.64, Change: +0.65, Percent Change: 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Chatter: Google, OpenAI, Anthropic Advance Plan for AI Safety Standards Body","url":"https://stock-news.laohu8.com/highlight/detail?id=2669993164","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669993164?lang=en_us&edition=fundamental","pubTime":"2026-09-24 22:27","pubTimestamp":1790260074,"startTime":"0","endTime":"0","summary":"Alphabet's  Google, Microsoft-backed  OpenAI, and Amazon-backed  Anthropic are hoping to launch a self-regulatory standards body focused on artificial intelligence safety by the end of the year or early in 2027, The Information reported Thursday, citing sources familiar with the matter.The tentative name of the industry-led body without government oversight is Standards Authority for Frontier AI, the report said.The standards body would assist third-party organizations in the testing of AI models before deployment and establish a process for AI developers to report safety and security incidents, among other functions, according to the report.Google, OpenAI, and Anthropic did not reply to a request for comment from MT Newswires.Price: 334.95, Change: -0.04, Percent Change: 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Resorts International Down over 10%, on Pace for Largest Percent Decrease Since October 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2669495143","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669495143?lang=en_us&edition=fundamental","pubTime":"2026-09-24 21:41","pubTimestamp":1790257260,"startTime":"0","endTime":"0","summary":"MGM Resorts International  is currently at $33.96, down $3.90 or 10.29%--Would be lowest close since Feb. 2, 2026, when it closed at $33.49--On pace for largest percent decrease since Oct. 31, 2024, when it fell 10.96%--Currently down two consecutive days; down 12.71% over this period--Worst two day stretch since the two days ending Aug. 2, 2024, when it fell 17.43%--Down 17.9% month-to-date; on pace for worst month since March 2020, when it fell 51.95%--Down 6.95% year-to-date--Down 65.96% from its all-time closing high of $99.75 on Oct. 9, 2007--Down 1.52% from 52 weeks ago , when it closed at 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