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MGM falls, gun stocks rise after mass Las Vegas shooting, Disney and Altice reach deal

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

Casino stocks are falling after Sunday’s mass shooting in Las Vegas. Shares of MGM (MGM), parent of Mandalay Bay, where the gunman fired from, fell in early trading. And Shares of Wynn Resorts (WYNN), another hotel and casino in Vegas, was also trading lower on Monday morning. Typically, gun stocks trade higher after such tragedies as gun sales usually spike in anticipation of tighter gun control. Shares of American Outdoor Brands (AOBC), formerly Smith & Wesson, and Strum Ruger (RGR) were both higher this morning.

Altice (ATUS) shares were higher. Consumers will still be able to watch Monday Night Football for now. The parent of Optimum cable successfully avoided an ESPN blackout by reaching a tentative deal with Disney (DIS). The last-minute agreement came after Disney threatened to cut off ESPN and ABC to Optimum customers if Altice didn’t pay higher programming fees. Both companies are feeling the pinch from cord cutters.

Oracle (ORCL) is turning up the heat in its price war with Amazon (AMZN). Chairman Larry Ellison promises that its new database warehousing will cost less than half what the e-commerce giant charges clients. Ellison says the new system will autonomously provide only the computing resources, as customers need them. Amazon fired back saying its users can scale its database offerings to their needs and said Oracle’s plan has, “No facts, wild claims and lots of bluster.”

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It’s a big day for Facebook (FB). The social media giant is expected to turn over to Congress more than 3,000 Russian-sponsored ads that ran during last year’s presidential election. Facebook discovered the ads last month, which eventually led to similar findings from Twitter (TWTR). The two companies, along with Google (GOOGL), have been asked to publicly testify in the coming weeks. No word if the tech titans will testify yet.

Investors are also keeping close tabs on Alphabet’s Google (GOOGL) this morning. The tech giant is changing its rules on free news stories. Subscription news websites will no longer have to provide three free articles a day or be penalized by not showing up in search results. For years, Google advocated that its “first click free” policy would help subscription sales.