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Stock impact report

The Nightview Fund Q1 2026 Investor Letter [Seeking Alpha]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Seeking Alpha
The first was geopolitical: U.S. and Israeli forces launched coordinated strikes on Iran in late February, killing the Supreme Leader and introducing an extreme level of instability into global markets. The second was structural: the software sector experienced a broad and, in our view, largely indiscriminate repricing. The market's implicit thesis was sweeping: that AI would erode the margins of every software business, that large enterprises would simply build their own tools, and that the moats investors had spent years paying premiums for would be rendered obsolete overnight. Some of that fear is not wholly unreasonable, and yes, there will be casualties. Businesses selling shallow, easily replicable products are right to be worried. But the market seemed to apply this logic like a paint roller when it required a scalpel. This is also a function of how, in the short term, markets have become increasingly beta-driven. Selling across sectors has grown more indiscriminate as p Show less Read more
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