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Saturday, May 18, 2024

Financial Focus for August 19

Credit: KTNV Channel 13 Las Vegas
Duration: 01:27s 0 shares 1 views

Financial Focus for August 19
Financial Focus for August 19

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Apple is the first company in the US to reach a valuation of $2 trillion.

Airline industry facing a long recovery amid the COVID-19 pandemic.

Financial Focus is sponsored by Clark County Credit Union.

Watch it weekdays on 13 Action News.

NASDAQ DOWN SLIGHTLY.SP500 DOWN SLIGHTLY.AND GAMING...BOYD GAMING DOWN HALF APERCENT.CAESARS ENTERTAINMENT UP 3PERCENT.MGM RESORTS DOWN SLIGHTLY.LAS VEGAS SANDS DOWN SLIGHTLY.WYNN RESORTS DOWN SLIGHTLY.RED ROCK RESORTS UP MORE THAN 1PERCENT.IN TONIGHT'S FINANCIAL FOCUS..."APPLE" IS NOW THE FIRSTCOMPANY IN THE U-S....TO BE WORTH MORE THAN....-2- TRILLION DOLLARS.IT'S STOCK BRIEFLY HIT THEMARK....TODAY...AFTER SHARES SURGED NEARLY -60-PERCENT THIS YEAR.INVESTORS ARE ATTRACTED TOAPPLE.....BECAUSE OF SURGING SALESFOR...."APPLE MUSIC".."APPLE T-V PLUS"..

AND...THE COMING LAUNCH OF THE EYE-PHONE -12- ..WHICH IS EXPECTED TO HAVE.....-5-G- CONNECTIVITY.A DEVASTATED AIRLINE INDUSTRYFACES A LONG RECOVERY.A CONSUMER REPORT SURVEY OF "ATHOUSAND" PEOPLE SHOWED"70-PERCENT" RATED AIR TRAVELAS "VERY OR SOMEWHAT UNSAFE."THE FOUR LARGEST AIRLINES INTHE U-S LOST AN ESTIMATED "10BILLION" DOLLARS FROM APRILTHROUGH JUNE..THEY ARE TRYING TO SAVE MONEYTHROUGH LAYOFFS AND OFFERINGEARLY RETIREMENT.INDUSTRY EXPERTS ESTIMATE AIRTRAVEL WILL FALL BY"70-PERCENT" THIS YEAR.THAT'S FAR MORE THAN THE "55-PERCENT" "WORST-CASE SCENARIO"PREDICTED EARLIER IN THEPANDEMIC.TONIGHT'S FINANCIAL FOCUS ISBROUGHT TO YOU BY "CLARK COUNTYCREDIT UNION"..NEXT...AT 6:30..

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