In a time where the film industry is facing a content shortage and audiences are becoming more selective, Fathom Events is making waves with its record-breaking revenue and innovative content offerings. For over two decades, this joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen,
2024
Dividend-paying stocks provide investors with an opportunity to strengthen their portfolios and increase overall returns. By choosing companies with a consistent track record of dividend payments and solid financials, investors can secure stable income streams while benefiting from capital appreciation. Wall Street’s top analysts have identified three dividend stocks that stand out as attractive options
India’s opposition Congress has recently called on Prime Minister Narendra Modi’s government to investigate Foxconn, a major Apple supplier, regarding its discriminatory hiring practices towards married women. The issue came to light after a Reuters report revealed that Foxconn was excluding married women from job opportunities in its iPhone assembly plant in Tamil Nadu. This
Nvidia CEO Jensen Huang attributes the company’s success in the artificial intelligence chip market to a strategic bet made over a decade ago. This bet involved significant investment in AI technology, totaling billions of dollars, as well as the recruitment of a team of thousands of engineers dedicated to advancing AI capabilities. During Nvidia’s recent
The Biden administration recently announced that it will be imposing inflation penalties on 64 prescription drugs for the third quarter of this year. This move is aimed at lowering costs for certain older Americans who are enrolled in Medicare. President Joe Biden has been vocal about his focus on reducing drug prices in the United
General Mills, Inc. reported a mixed bag in its fourth-quarter earnings, surpassing Wall Street’s earnings per share (EPS) expectations by a cent but falling short on revenue targets. The food giant posted adjusted EPS of $1.01, slightly higher than the analyst consensus of $1.00. However, revenue for the quarter was reported at $4.71 billion, missing
When we look at the latest data on Americans’ 401(k) savings, a mixed picture emerges. While it is true that Americans are saving more for retirement, there is a pressing need for them to save even more. Vanguard’s annual report, How America Saves 2024, provides a detailed insight into the savings habits of nearly five
When looking at the midday trading reports, it is evident that the stock market is experiencing a mixed bag of outcomes. From SolarEdge Technologies taking a substantial hit to Carnival seeing a significant rise, investors are navigating through various developments that are impacting their portfolios. Let’s delve into some of the key highlights and trends
Sri Lanka is on the brink of signing a debt restructuring agreement with a group of creditor nations, marking a significant milestone in the country’s efforts to navigate through a debilitating economic crisis. The Foreign Minister, Ali Sabry, confirmed that the agreement is expected to be finalized on Wednesday, bringing hope for the country’s recovery.
In the uncertain economic climate, it is crucial for investors to identify stocks with strong fundamentals and long-term growth potential. One such stock is Delta Air Lines (DAL), America’s second-largest carrier. With a network that reaches over 290 destinations across six continents, Delta has positioned itself as a key player in the airline industry. Analyst
The latest report from Bernstein sheds light on the Indian stock market landscape, indicating a surge in investor enthusiasm towards Indian stocks. However, this surge seems to be driven more by greed than rational decision-making. The report assesses approximately 90 stocks across 14 subsectors, focusing on long-term growth expectations embedded in their valuations. In January
One of the main factors that have been missing from the box office in recent years has been the presence of family-friendly films. While there have been a few successful kid-friendly hits, such as Universal’s “Super Mario Bros.,” most family features have either opted for streaming platforms or had their releases spaced too far apart
Fitch Ratings agency has adjusted its forecast for a rate cut in China, pushing back its expectations to next year instead of this year. The decision comes as a result of high interest rates set by the U.S. Federal Reserve, which has influenced China’s monetary policy. Concerns over the exchange rate against the U.S. dollar
European stock markets experienced a slight decline on Wednesday, despite U.K. inflation falling back to the Bank of England’s target, while being overshadowed by a U.S. holiday. The DAX index in Germany, the CAC 40 in France, and the FTSE 100 in the U.K. all saw a decrease in value. These market movements were influenced