Imax is gearing up for its largest “filmed for Imax” slate in 2025, with at least 14 titles currently in production using Imax film or Imax-certified digital cameras. This represents a significant increase from previous years, showcasing the growing interest from Hollywood and international filmmakers in creating content specifically for the Imax platform. Despite Imax
2024
Asian stock markets have been on a rollercoaster ride recently, influenced by various economic data releases and geopolitical tensions. The recent soft consumer inflation readings in the US have led to speculation about interest rate cuts in 2024, creating a sense of optimism among investors. However, challenges from countries like China and Japan, coupled with
Investing in Western-style denim stocks may provide a boost to your portfolio, according to analysts at TD Cowen. The jean-fabric category has been identified as a strong performer that is expected to maintain its momentum through at least the end of 2024. Among the key players in this trend are Boot Barn, Levi Strauss, and
The U.S. stock index futures market showed relative stability on Wednesday, with minimal fluctuations in key indices such as the Dow Jones, S&P 500, and Nasdaq 100. Despite the calm trading environment, investors were eagerly awaiting the release of the monthly consumer price index (CPI) to gain insights into the Federal Reserve's future monetary policy
A recent congressional trade report has shed light on an investment made by Scott H. Peters, a congress member representing California's 50th congressional district. The transaction, which occurred on April 3, 2024, involved an investment in U.S Treasury Notes (NYSE:GS). According to the report filed with the Clerk of the House of Representatives on April
AMC Entertainment, alongside GameStop, experienced a surge in its stock price after Keith Gill, also known as “Roaring Kitty,” reappeared online after a three-year hiatus. This resurgence led to AMC shares more than doubling since Friday's closing price, reaching over $6 during afternoon trading on Tuesday. The last time retail investors rallied around AMC, the
In the first quarter of 2024, U.S. crypto exchange Coinbase reported a total of $56 billion in consumer trading volumes. This period coincided with bitcoin reaching record highs of close to $74,000. However, this figure pales in comparison to the $133.75 billion quarterly average seen during the 2021 rally, indicating a shift in retail trader
The Federal Reserve is currently under scrutiny as market experts debate the potential for rate cuts in the year 2024. Some believe that the Fed will implement two rate cuts, with the first one starting in September. However, if the inflation data does not show significant improvement by September, there might not be any rate
In recent days, GameStop has once again become a trending topic on Reddit's infamous WallStreetBets page. Mentions of the video game retailer on the forum have exceeded 900 within the last week, according to data from Quiver Quantitative. This surge in discussion has catapulted GameStop to second place as the most referenced equity, just behind
Regeneron Pharmaceuticals, Inc. stands as a prominent player in the biopharmaceutical industry, with a strong strategic focus on novel therapeutic areas. The company's financial performance is robust, with a market capitalization of $103.43 billion, showcasing a substantial industry presence. Additionally, Regeneron's earnings per share (EPS) have shown an upward trajectory, with projections indicating continued growth.
The restaurant industry has been facing a period of sales slump and declining traffic due to a broader consumer slowdown. However, there are a few outliers in the industry that have managed to report strong sales this quarter. Chipotle Mexican Grill, Wingstop, and Sweetgreen are some of the brands that have seen an increase in
Singapore's Oversea-Chinese Banking Corp (OCBC) has recently reported a 5% increase in first-quarter profit, exceeding market expectations. In a bold move, the bank has also made a S$1.4 billion ($1.04 billion) offer to acquire its insurer arm Great Eastern, showcasing its commitment to strategic investments and portfolio enhancement. The offer, which includes a 37% premium
India's consumer price inflation is expected to have eased to 4.80% in April, just slightly below March's rate. Despite the overall moderation in headline inflation, food prices have remained stubbornly high, exerting pressure on household budgets. Food inflation, which makes up nearly half of the consumer price index (CPI) basket, continues to pose a significant
The absence of a Marvel film to kick off the summer movie season for the first time since 2009 has raised concerns within the industry. The lack of a known franchise brand during the highly lucrative summer moviegoing season can have negative repercussions. This year, Universal's “The Fall Guy” was the headline film for the