The Latest Breaking News from Las Vegas Sands

Las Vegas Sands has underperformed the broader market over the past year, but Wall Street analysts are optimistic about the stock’s prospects.

This is what could happen next to Las Vegas shares.

September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.04% this morning as Alphabet’s cautious outlook on AI progress and Tesla’s profit miss, coupled with a delay in its Robotaxi event, weighed on sentiment, while investors awaited U.S. business activity data and the next round of corporate earnings reports.

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With Las Vegas Sands gearing up to release its Q2 earnings results next week, analysts project a double-digit bottom-line growth.

Despite witnessing a bearish trend and lagging behind the Dow Jones in 2024, Wall Street analysts remain optimistic about Las Vegas Sands’ prospects.

While Las Vegas Sands stock has underperformed the broader markets over the past year, Wall Street analysts still see a solid upside in the stock.

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Incumbents saw key support from the business community, while hardline conservatives like Tim Dunn also spent heavily.

Stock Market Today: The Dow Jones rose Thursday after initial unemployment claims. And Tesla stock hit a new low on a downgrade.

June S&P 500 E-Mini futures (ESM24) are trending up +0.39% this morning as market participants moved past hawkish comments from Federal Reserve Chair Jerome Powell and looked ahead to the next round of corporate earnings.