The Despicable Me/Minions franchise has once again proved its dominance in the global box office with the release of Despicable Me 4. The latest installment has helped the franchise surpass the $5 billion mark, making it the first animated franchise ever to achieve this milestone. With an estimated $136 million in its second weekend, the
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The upcoming Paris Olympics have undoubtedly brought great joy to over 10,000 athletes who have the honor of competing. However, the same cannot be said for potential tourists. Delta Air Lines reported a significant decrease in travel to the city of Paris this summer, resulting in a staggering $100 million loss for the airline. CEO
European stock markets experienced a slight decline on Tuesday as investors waited for the latest inflation data from the region. The DAX index in Germany was down by 0.6%, the CAC 40 in France fell by 0.6%, and the FTSE 100 in the U.K. dropped by 0.4%. The upcoming June inflation data release is expected
Keith Gill, also known as “Roaring Kitty,” made headlines once again as he took a significant stake in the pet food e-commerce retailer Chewy. In a recent Securities and Exchange Commission filing, it was revealed that Gill purchased over 9 million shares of Chewy, amounting to a 6.6% stake in the company. This move catapulted
GameStop's annual shareholder meeting faced a major setback on Thursday as computer problems caused servers to crash under overwhelming interest in the stream. According to a customer service representative for the company hosting the stream, the meeting was scheduled to begin at 11 a.m. ET and was hosted on ComputerShare. However, when attendees tried to
Keith Gill, the individual known as “Roaring Kitty” on online forums, recently shared an update on Reddit's Superstonk forum regarding his ownership of GameStop's common stock. In a new screenshot of his E-Trade portfolio posted after the market close on Thursday, it was revealed that Gill now holds over 9 million GameStop shares along with
Affirm Holdings saw a nearly 7% increase in its stock following the announcement that its buy now, pay later loans will be integrated into Apple Pay, providing another payment option for U.S. Apple users. This move is expected to boost Affirm's reach and popularity among consumers, potentially driving further growth in the future. General Motors
Southwest Airlines saw a 7% increase in stock value after activist hedge fund Elliott Management acquired a $1.9 billion stake in the company. The firm is pushing for the replacement of CEO Bob Jordan and Chairman Gary Kelly. This move by Elliott Management signals a potential shake-up in the leadership of Southwest Airlines, which could
The U.S. economy generated about 272,000 jobs in May, significantly surpassing analysts' expectations of 185,000. This unexpected surge in job creation led to concerns among investors that the Federal Reserve may delay interest rate cuts. As a result, the benchmark S&P 500 experienced fluctuations in the immediate aftermath of the report, with U.S. Treasury yields
It was recently announced that Suzanne Collins will be releasing another Hunger Games novel, set to debut on March 18, 2025. With this exciting news, it comes as no surprise that Lionsgate has given the green light for another movie in the franchise. The film adaptation of the upcoming prequel, titled “The Hunger Games: Sunrise
Nvidia made headlines on Wednesday when it briefly surpassed Apple in market cap during intraday trading. This milestone comes as the chipmaker solidifies its position as the primary beneficiary of the artificial intelligence boom. With a market cap of $3.007 trillion, Nvidia is now on track to become the second most valuable U.S. company, overtaking
The recent report showing a fall in job openings to a three-year low has caused a shift in the U.S. stock market. As of late, the Dow Jones Industrial Average rose by 203 points, reflecting a 0.5% increase, the S&P 500 gained 0.3%, and the NASDAQ Composite added 0.3%. This unexpected decline in job openings
Bath & Body Works recently experienced a significant drop in their stock price, with a 14% decline marking their worst day since 2021. This decline followed the release of first-quarter earnings and revenue that beat estimates, however, the company offered a disappointing outlook for the second quarter. With earnings expected to be lower than anticipated,
The pre-market trading session has revealed a significant surge in GameStop's stock, with a remarkable over 77% increase. This surge comes amid speculation that Keith Gill, famously known as Roaring Kitty, holds a stake in GameStop worth $116 million. On the other hand, AMC Entertainment has also seen a notable rise of about 25% in