Illumination/Universal’s Despicable Me 4 has been making waves in the global box office scene, propelling the Despicable Me/Minions franchise to an impressive $5.025B mark worldwide. With the latest film expected to be the No. 1 film globally for the second consecutive frame, it is clear that audiences can’t get enough of Gru and the gang.
Recently, OpenAI has come under fire as whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission regarding the company’s allegedly restrictive non-disclosure agreements. According to the Washington Post, the whistleblowers have raised concerns about the employment, severance, and nondisclosure agreements at OpenAI, claiming that these agreements could prevent employees from speaking out
Smith & Nephew is a prominent British medical technology company with operations worldwide. The company’s diverse segments, including Orthopedics, Sports Medicine, Ear, Nose, and Throat, and Advanced Wound Management, showcase its commitment to providing a wide range of medical devices and services. The company’s stock market value, percentage ownership, and activist commentary by Cevian Capital
When Brandon Fishman recently ran a discount promotion on his vitamin-infused coffee for Target’s weeklong deals event, he did not anticipate the detrimental effects it would have on his Amazon business. Surprisingly, Fishman’s sales on Amazon plummeted during the same period. The reason behind this unexpected turn of events was Amazon’s automated systems detecting his
As U.S. interest rate cuts are on the horizon, investors are facing a pivotal decision. Should they continue to rely on Big Tech stocks that have been driving returns for over a year, or is it time to shift focus to less popular sectors that may benefit from the easing monetary policy? Massive tech and
The South Korean EV battery maker SK On is facing challenges amidst a slowdown in global electric vehicle (EV) demand. In response to this, the company is expanding its product portfolio by venturing into prismatic batteries, in addition to its existing pouch-type batteries. This strategic move comes as SK On aims to adapt to the
The quarterly earnings report from major U.S. banks revealed a healthier pipeline for deals and a significant increase in investment banking activity. This positive trend in deal flow comes after a drought following the pandemic, with merger and acquisition volumes globally reaching $1.6 trillion in the first half of the year, a 20% increase from
SpaceX’s Falcon 9 rocket experienced an inflight failure during the “Starlink Group 9-3” mission, causing the upper second stage engine to fail to reignite as planned. This rare misfire led to the destruction of 20 satellites bound for low Earth orbit. Elon Musk confirmed the failure, attributing it to an engine rapid unscheduled disassembly (RUD)
Stock markets were affected today after Wells Fargo reported a 9% decline in net interest income, causing a nearly 7% drop in their shares. This news came as a surprise to analysts who had expected a higher net interest income of $12.12 billion. While the bank’s second-quarter earnings and revenue did exceed Wall Street’s expectations,
The official trailer for Paramount’s Gladiator II has taken the world by storm, surpassing even the highly anticipated Top Gun: Maverick in views. In its first 24 hours alone, the trailer garnered an impressive 128 million views across various platforms such as Instagram, TikTok, Facebook, and YouTube. This number is a significant increase from Top