Company Announcement - Churchill Downs Incorporated ("CDI") announced a new $500 million share repurchase program, replacing the previous $500 million program authorized in March 2025 [1] - The new program allows for share repurchases at management's discretion, either in the open market or through privately negotiated transactions, and has no time limit [1] Company Background - CDI has been in operation for over 150 years, with its most iconic asset being the Kentucky Derby [2] - The company is headquartered in Louisville, Kentucky, and has expanded through acquisitions and the operation of live and historical racing venues, online wagering businesses, and regional casino gaming properties [2]

Company Overview - Melco Resorts (MLCO) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent trends [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Price Performance - Over the past week, MLCO shares have increased by 3.1%, while the Zacks Gaming industry has remained flat [6] - In the last month, MLCO's price change is 33.63%, significantly outperforming the industry's 3.97% [6] - For the past quarter, MLCO shares have risen by 76.45%, and over the last year, they are up 50.33%, compared to the S&P 500's increases of 19.69% and 14.71%, respectively [7] Trading Volume - MLCO's average 20-day trading volume is 4,372,181 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for MLCO have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.24 to $0.29 [10] - For the next fiscal year, two estimates have also moved upwards, indicating positive sentiment regarding future earnings [10] Conclusion - Considering the positive price trends, strong earnings outlook, and favorable trading volume, MLCO is positioned as a strong momentum pick with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [12]

Stablecoin & Utility - The focus is shifting towards stablecoin utility and real-world use cases, highlighting that adoption hinges on utility [1] - Consumer use cases are crucial for scaling, even with robust infrastructure [1] Gaming Industry & On-Chain Integration - The global gaming economy is valued at $87 billion, driven by microtransactions and in-game currencies [1] - Billions of dollars flow through in-game purchases monthly, but currently, none of it is on-chain [2] - Sei is positioned to integrate these transactions on-chain [2] Sei's Positioning & Strategy - Sei combines institutional-grade infrastructure with native stablecoin support, designed for real economic activity at scale [2] - Sei aims to power mass market games on-chain as the 1 gaming chain [2] - Sei's momentum in the APAC region is increasing [2]

Group 1: Market Overview - Pre-market futures are up, driven by foreign auto companies, particularly Japanese firms, following a new trade agreement that reduces tariffs on Japanese imported autos from +27.5% to +15% [1] - Major indexes are showing robust gains, with the Dow up +240 points (+0.54%), S&P 500 up +24 points (+0.38%), Nasdaq up +24 points (+0.10%), and Russell 2000 leading at +19 points (+0.87%) [3] Group 2: Company Performance - Toyota Motors (TM) is up +14% in early trading, while Honda Motor Co. (HMC) is up +11%, despite both companies facing expected double-digit earnings losses in upcoming quarterly reports [2] - AT&T (T) reported earnings of 54 cents per share, beating estimates by 3 cents, with revenues of $30.85 billion, up +1% from estimates, but shares are down -2.5% in early trading [4] - NextEra Energy (NEE) also exceeded bottom-line expectations with earnings of $1.05 per share, but revenues of $6.7 billion missed estimates by -7.28%, yet the stock is up +0.4% in pre-market [5] Group 3: Upcoming Earnings Reports - Major Q2 earnings reports are expected after the market closes, including Alphabet (GOOGL) and Tesla (TSLA), with GOOGL anticipating over +13% earnings growth and better than +11% revenue gains, while Tesla is expected to see declines of -25% on earnings and -12% on revenue [7] - Other companies reporting include IBM (IBM), Southwest Airlines (LUV), ServiceNow (NOW), and Las Vegas Sands (LVS), indicating a busy earnings season across multiple sectors [8]

Group 1: Market Overview - Pre-market futures are up, driven by foreign auto companies, especially Japanese firms, following a new trade agreement that reduces tariffs on Japanese imported autos from +27.5% to +15% [1] - Major indexes are showing robust gains, with the Dow up +240 points (+0.54%), S&P 500 up +24 points (+0.38%), Nasdaq up +24 points (+0.10%), and Russell 2000 leading with +19 points (+0.87%) [3] Group 2: Company Earnings - AT&T reported Q2 earnings of 54 cents per share, beating estimates by 3 cents, with revenues of $30.85 billion, up +1% from estimates, but shares are down -2.5% in early trading [4] - NextEra Energy's Q2 earnings were $1.05 per share, also beating expectations by 3 cents, but revenues of $6.7 billion missed estimates by -7.28%, yet the stock is up +0.4% in pre-market [4] Group 3: Upcoming Earnings Reports - Major Q2 earnings reports are expected from Alphabet and Tesla, with Alphabet anticipating over +13% earnings growth and +11% revenue gains, while Tesla is expected to see declines of -25% in earnings and -12% in revenue [6] - Other companies reporting include IBM, Southwest Airlines, ServiceNow, and Las Vegas Sands, indicating a busy earnings season across various sectors [7]

Wall Street expects a year-over-year decline in earnings on lower revenues when MGM Resorts (MGM) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On ...

Core Viewpoint - Rush Street Interactive, Inc. (RSI) is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with the consensus outlook being crucial for assessing the company's earnings picture [1] Earnings Expectations - The upcoming earnings report is anticipated to be released on July 30, with expectations that better-than-expected results could drive the stock price higher, while missing estimates may lead to a decline [2] - The consensus estimate for quarterly earnings is $0.07 per share, reflecting a year-over-year increase of +75%, with revenues projected at $254.62 million, up 15.5% from the previous year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 11.11%, indicating a reassessment by analysts regarding the company's earnings prospects [4] - The Most Accurate Estimate for Rush Street Interactive is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -14.29%, suggesting a bearish outlook from analysts [12] Earnings Surprise History - In the last reported quarter, Rush Street Interactive exceeded the expected earnings of $0.08 per share by delivering $0.09, resulting in a surprise of +12.50% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Industry Comparison - Bally's (BALY), another player in the gaming industry, is expected to report a loss of $0.23 per share for the same quarter, indicating a year-over-year change of +72.3%, with revenues projected at $653.85 million, up 5.2% [18] - Bally's has an Earnings ESP of -131.11% and a Zacks Rank of 4 (Sell), making it difficult to predict a beat on the consensus EPS estimate [20]

Company Overview - Skillz Inc. (SKLZ) shares increased by 10.1% to close at $7.73, with trading volume significantly higher than usual, compared to a 5.7% gain over the past four weeks [1] Strategic Initiatives - The recent stock price rally is attributed to growing investor confidence in Skillz's strategic turnaround efforts and operational focus, particularly the launch of its Accelerator program aimed at expanding beyond casual games into emerging genres [2] - The Accelerator program has garnered strong interest from developers, enhancing Skillz's position as an innovative platform in skill-based mobile gaming [2] - Skillz is also focusing on strengthening internal operations and streamlining product development and marketing, which is expected to lead to more consistent execution and broaden its market reach [2] Financial Expectations - The company is projected to report a quarterly loss of $1.34 per share, reflecting a year-over-year decline of 135.1%, with expected revenues of $22.8 million, down 9.9% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Skillz is part of the Zacks Gaming industry, where Roblox (RBLX) experienced a 3.5% decline in the last trading session, despite a 20.3% return over the past month [4] - Roblox's consensus EPS estimate has changed by +0.8% to -$0.36, representing a year-over-year change of -12.5%, and it currently holds a Zacks Rank of 2 (Buy) [5]

Going live in an hour with @Seraph_global, @GAIMIN_Network, @ValhallaP2E and @okzoo_app to discuss all things gaming 👀https://t.co/YlMfHwiVyIBNB Chain (@BNBCHAIN):How do you build a vibrant gaming community?Join our X Spaces with @Seraph_global, @GAIMIN_Network, @ValhallaP2E and @okzoo_app as we dive into the future of Web3 gaming on July 23, 12PM UTC.Set your reminders 👇https://t.co/GzAp8IwrVC https://t.co/pMRBf50kAd ...

Core Viewpoint - The game "Unbound Abyss," developed by Dreamhaven, faces significant challenges in its long-term operation due to its buyout model and the competitive landscape of the shooting game market [1][2][6]. Pricing and Market Position - "Unbound Abyss" is priced at $30 (approximately 215 RMB), which is lower than mainstream AAA games priced at $60-$70, making it more acceptable in the Western market [2][3]. - The game aims to leverage the "premium trust effect" from its development team, which includes former Blizzard executives, to justify its pricing [3]. Content and Gameplay - The game is a rule-driven multiplayer online competitive game that combines elements like spaceship battles and zero-gravity exploration, differentiating it from traditional military-style games [5][14]. - While initial player experiences may be positive, there is a risk of aesthetic fatigue over time, necessitating ongoing content updates to maintain player engagement [5][6]. Long-term Viability - The buyout model relies heavily on initial sales, and without a stable revenue stream from DLCs or expansions, sustaining long-term content updates may be challenging [6][7]. - The game may need to transition from a buyout model to a free-to-play model with in-game purchases to attract a broader player base [7]. Market Trends and Competition - The competitive landscape for the shooting game genre has evolved rapidly, with many titles exploring various gameplay mechanics and user engagement strategies [8][10]. - Games like "Dark Zone Breakthrough" have adapted by lowering barriers to entry and enhancing cross-platform experiences, indicating a shift in market dynamics [10][12]. Industry Innovations - The emergence of "actionized" gameplay within the shooting genre represents a potential new direction, with various companies exploring this trend [16][19]. - The focus on gameplay innovation rather than just thematic elements is crucial for standing out in a crowded market [15][19].