Overseas, Sony/Alcon’s The Garfield Movie has been a massive success, taking the No. 1 spot for Hollywood on both the domestic and international charts. The film has raked in an impressive $27.1M in 60 markets, bringing its worldwide total to $152.2M. The cat-astrophic yet lovable feline has taken the global box office by storm, with
The latest data from property consultant CoreLogic revealed that Australian home prices experienced a significant increase in May. This marks the largest monthly gain since October, with national home prices rising by 0.8%. This continuous growth trend over the past sixteen months has resulted in prices being up by 8.3% compared to the previous year.
In a volatile market, investors often seek refuge in dividend-paying stocks for stability and income. Wall Street analysts play a crucial role in identifying top dividend picks for investors to consider. Among the notable dividend stocks recommended by Wall Street experts is IBM. Despite announcing mixed first-quarter results, IBM remains an attractive option for investors
A recent ruling by a Delaware judge has allowed over 70,000 lawsuits involving the discontinued heartburn drug Zantac to proceed, signaling a potential legal battle for former Zantac manufacturers such as GSK, Pfizer, Sanofi, and Boehringer Ingelheim. The decision by Judge Vivian Medinilla of the Delaware Superior Court in Wilmington permits expert witnesses to testify
The box office numbers post-Memorial Day weekend have taken a significant hit, with all titles combined grossing an estimated $68.6 million, marking a 66% decrease from the previous year. This decline is particularly stark compared to the previous year when the market grossed $205.1 million, driven in part by the success of superhero movies like
The financial technology industry, commonly known as fintech, has revolutionized the way people manage their finances, offering innovative solutions to traditional banking services. However, the recent crisis involving Yotta, a fintech startup co-founded by Adam Moelis in 2019, has shed light on the risks associated with this sector. This article aims to analyze the key
The software and enterprise tech industry faced a challenging week as companies across the board reported shrinking deals, delayed sales, and negative impacts on their margins. Several key players in the industry, including Salesforce, Dell, Okta, and Veeva, highlighted the macroeconomic challenges they are currently facing. This article delves into the implications of these challenges
The Russian government recently made changes to its mandatory sales of foreign currency for exporters. The new decree states that if more than half of the value of exporters’ contracts is paid in roubles, they will be exempt from certain currency exchange regulations. This move comes as a part of the government’s efforts to stabilize
The MSCI global equities index experienced a rebound in the afternoon as investors repositioned for month-end. After initially trading in the red, the MSCI All Country World Price Index turned positive ahead of a rebalance. The global index closed up 0.57% at 785.54, signaling a positive sign for those who are bullish in the market.
The Food and Drug Administration recently approved Moderna’s vaccine for respiratory syncytial virus (RSV) for adults aged 60 and above, marking a significant milestone for the biotech company. This approval comes at a crucial time for Moderna, as it seeks to expand its product portfolio beyond its successful Covid jab. The decision to greenlight Moderna’s