Well-Known Risk Trader James Wynn Promises a ‘Powerful Comeback’
Retail sentiment regarding Hyperliquid has shifted from “bearish” to a more “neutral” stance in the last day, with chatter levels returning to “normal.” “The comeback is going to be fierce,” proclaimed James Wynn, a risk trader who suffered a $100 million loss earlier this year after taking a 40x leveraged long position in Bitcoin. As […]
Trader James Wynn commits heavily to $1.25B Bitcoin Long
James Wynn, a notable trader in the high-lipid market, has ramped up his Bitcoin position to a staggering $1.25 billion, following a profitable exit from his $PEPE stake, which earned him $25.2 million. As reported on May 24th by Lookon Chain, Wynn has taken a position of 11,588 BTC, with an average entry price of […]
Stocks seeing the largest changes after hours: Super Micro Computer, Wynn Resorts, Electronic Arts, and others.
Here’s a quick look at some companies that are making waves in after-hours trading: Arista Networks has seen a decline of 7%. While the first-quarter revenues came in slightly above LSEG’s consensus, reaching $200 million against an expectation of $197 million, adjusted earnings were also better than anticipated at 65 cents per share, surpassing the […]
Casino exec Elaine Wynn, major shareholder of Las Vegas’ Wynn Resorts, dies at 82
Elaine Wynn, a billionaire who worked with her then-husband Steve Wynn, founded Wynn Resorts, passed away Monday at the age of 82. Elaine and Steve Wynn co-founded Mirage Resorts in 1976 and Wynn Resorts in 2000. They continued to build Winn Las Vegas. At the time it was the most expensive resort of all time […]
NY betting watchdog cites Wynn, Resorts World Vegas scandals as concern for pending casino bids
What happens in Las Vegas doesn't necessarily stay in Las Vegas. The two largest bidders vying for New York City's coveted casino licenses, Wynn Resorts at Hudson Yards and Resorts World at Queens Aqueduct, are in the midst of a recent gambling scandal on the Strip, according to the head of the New York State […]