Disney, the iconic entertainment company, has been dominating the box office once again with its latest releases. From animated films like “Inside Out 2” to superhero epics like “Deadpool & Wolverine,” Disney has been on a winning streak. The company recently held its D23 fan convention in Anaheim, California, where they gave fans a sneak
As the trading week came to a close, the S&P 500 managed to end higher despite experiencing significant volatility earlier in the week. This came as a relief for investors who witnessed a steep decline on Monday, triggered by concerns of a looming recession and the unwinding of a global yen-funded carry trade. The technology
The recent cancellation of three Taylor Swift concerts in Austria due to a foiled attack has not only been a disappointment to fans, but also a major blow to insurers. Insurers are now facing millions of dollars in claims as a result of the cancelled concerts. It is estimated that around 195,000 fans, known as
Stellantis, the automaker formed through a merger between Fiat Chrysler and France’s PSA Groupe, recently announced plans to indefinitely lay off up to 2,450 U.S. factory workers. This decision comes as the company discontinues production of an older version of its Ram 1500 pickup truck in Michigan. The layoffs are expected to begin as soon
Venezuelan President Nicolas Maduro recently made headlines by ordering a 10-day ban on the popular social networking platform X. This move came after a heated feud between Maduro and the platform’s owner, Elon Musk. In a speech translated by CNBC, Maduro accused Musk of violating the rules of the platform and inciting hatred, fascism, civil
Taiwan Semiconductor saw a 1% rise in stock before the opening bell due to strong July revenue. The increase of nearly 45% year-over-year is impressive, signaling positive growth for the chipmaker. This demonstrates that the company is performing well in the current market conditions. The Trade Desk experienced a nearly 4% gain in shares after
The weekend at the box office is shaping up to be one for the books, with unexpected competition for big hitters like Deadpool and Wolverine. It Ends With Us, an adaptation of Colleen Hoover’s novel, has surprised industry insiders by raking in $7M in previews on its opening day. This figure is reminiscent of the
The stock market has seen several interesting developments recently that have garnered attention from investors and analysts alike. Stocks @ Night, a daily newsletter that provides insights after hours, has highlighted some significant movements in the stock market worth noting. From E.l.f. Beauty’s impressive sales growth to Paramount Global’s workforce cuts, there is much to
Delta Air Lines recently revealed that last month’s CrowdStrike outage led to significant financial losses amounting to approximately $550 million. The airline had to refund customers for canceled flights and provide compensation in cash and SkyMiles, resulting in a $380 million revenue hit in the current quarter. Additionally, there was a $170 million expense associated
The Featherweight, a film produced by Appian Way Productions, tells the captivating story of legendary 2x World Featherweight boxing champion Willie Pep. Set in the mid-1960s in Hartford, Connecticut, the film paints a vivid picture of the highs and lows of Pep’s life as a prominent Italian-American boxer. Directed by filmmaker Robert Kolodny, The Featherweight