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Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Las Vegas casino stocks have been largely mixed year to date on New York exchanges, as soaring costs for alcohol, parking, food, hotel rooms, bottled water, and other basic items have deterred cash-strapped visitors from the Strip.
Visitor volumes have been under pressure for more than a year, with Canadian travel down sharply in 2025. Major operators such as MGM and Caesars have reported revenue declines in Sin City, according to Bloomberg.
The latest data from the Las Vegas...
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US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program
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Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier.
Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an...
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Feb 20, 2026 / Tyler Durden
2025 New Home Sales Highest Since 2021
2025 New Home Sales Highest Since 2021
US New Home Sales dipped 1.7% MoM in December (after a 15.5% MoM surge in November)...
...but ended the year at 745k - the highest SAAR since 2021...
"New" home sales have notably decoupled from "used" home sales in the last few years as homebuilders incentivize buyers (reducing margins) and lower prices (reducing revenues)...
Lower mortgage rates support modest further improvements in sales...
Will this be Trump's lead on housing affordability?
Tyler Durden
Fri, 02/20/2026 - 10:24
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