Diamonds and Dogs
Caesars Entertainment (CZR) up 3% following earnings. Caesar easily beat expectations, returning to profitability as revenue rose 7.5% to $2.89 billion. Caesars Digital reported strong revenue growth in the quarter and a smaller than expected EBITDA loss driven by improved operating efficiencies. It must be due to those Manning brothers' commercials.
Canada Goose (GOOS) and Estee Lauder (EL) are not doing well in Asia. The cosmetic maker is down 7% while the premium coat maker is down 8% as both companies blamed lower guidance on slower demand and renewed lockdowns in China.
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