You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Jump, the popular AI-driven notetaking, meeting, and communications management platform provider, has raised $80 million in Series B funding led by Insight Partners to build an AI operating system for financial advisors. The Salt Lake City-based company, which has scaled to 27,000 advisors in less than two years, will use the capital to accelerate growth and development of its intelligence and ...

Core Insights - MGM Resorts International has a market capitalization of $8.7 billion and operates casino, hotel, and entertainment resorts in Las Vegas, Nevada [1] Performance Overview - MGM's shares have underperformed the broader market, declining 12.5% over the past year, while the S&P 500 Index has increased by nearly 18.5% [2] - Year-to-date, MGM stock is down 8%, contrasting with the S&P 500's rise of 15.1% [2] Comparative Analysis - Compared to the VanEck Gaming ETF, which has declined about 5.4% over the past year, MGM's underperformance appears less severe [3] Recent Financial Results - MGM's Q3 results showed an adjusted EPS of $0.24, falling short of Wall Street's expectation of $0.37, while revenue reached $4.3 billion, exceeding forecasts of $4.2 billion [4] - Analysts project a 17.8% decline in MGM's EPS for the current fiscal year, estimating it to be $2.13 on a diluted basis [5] Analyst Ratings - Among 19 analysts covering MGM, the consensus rating is a "Moderate Buy," with 10 "Strong Buy" ratings, eight "Holds," and one "Strong Sell" [5] - A month ago, the configuration was more bullish, with 11 analysts suggesting a "Strong Buy" [6] - Bank of America’s Shaun Kelley reiterated a "Hold" rating with a price target of $35, indicating a potential upside of 9.8% from current levels [6] - The mean price target of $44.22 suggests a 38.8% premium, while the highest price target of $62 indicates a potential upside of 94.5% [6]