IMAX has recently announced a new partnership with Muvi Cinemas, Saudi Arabia's largest exhibitor, to open four new IMAX With Laser locations in the country. These new locations will be strategically placed in some of the biggest commercial centers, with two in Riyadh, one in Jeddah's Mall of Arabia, and the first IMAX system in
Proven
Aidan Gomez's journey in the field of artificial intelligence has been nothing short of remarkable. Starting as an intern at Google Brain, Gomez played a pivotal role in co-authoring the groundbreaking “Attention Is All You Need” paper, which introduced the revolutionary transformer model to the world. His work has since led to the widespread adoption
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,
The recent agreement between China and the European Union to commence talks regarding the imposition of tariffs on Chinese-made electric vehicles (EVs) imported into the European market represents a positive first step in resolving trade disputes. Germany's Economy Minister, Robert Habeck, expressed optimism about the concrete negotiations on tariffs with China after being informed by
The U.S. retail sector is currently facing challenges due to elevated interest rates, which have put pressure on many companies within the industry. While the S&P 500 Consumer Discretionary Distribution & Retail index has managed to stay relatively in-line with the overall market performance, the sector's gains have been largely driven by a select few
When it comes to selecting dividend stocks, one of the top picks by Wall Street's best analysts is Kimberly-Clark (KMB). This consumer products giant, known for brands like Huggies and Kleenex, has a solid track record of returning value to its shareholders. With a quarterly dividend of $1.22 per share, KMB offers a dividend yield
Godzilla x Kong: The New Empire has taken the global box office by storm, becoming the highest grossing movie in the Legendary and Warner Bros Monsterverse franchise with $570M worldwide. This surpasses the previous Monsterverse champion, 2017's Kong Skull Island, which earned $568.6M. The film has brought in $373.7M internationally and $196.3M domestically, solidifying its
In December 2023, the prevailing sentiment in the market was that there would be a series of rate cuts in 2024. However, Scott Kleinman, the Co-President of Apollo Asset Management, had a different perspective. He made a contrarian call by betting against any rate cuts in the upcoming year. This decision has proven to be
Boeing's recent launch of its Starliner capsule with astronauts on board marks a significant milestone in the company's efforts to certify the spacecraft for NASA missions to the International Space Station. The launch, which took place on Wednesday, was the culmination of a series of delays and setbacks that have plagued the Starliner program. Despite
Scorpion Capital's recent investigative report on Lasertec Corp (TYO:6920) has sent shockwaves through the investing world. The report boldly accuses Lasertec of engaging in fraudulent activities to inflate revenue, margins, and earnings. According to Scorpion Capital, Lasertec's accounting practices represent one of the largest corporate frauds in Japanese history, with a market cap of $23
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup's annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Adam Moelis, co-founder of Yotta, had noble intentions when he started the fintech startup in 2019. He aimed to provide Americans with a unique way to save money and build financial stability. However, what unfolded was far from his vision. A dispute between Yotta's banking partners, Synapse and Evolve Bank & Trust, led to the
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
Palantir, the defense tech firm that specializes in big-data and artificial intelligence software, experienced a sharp decline in its shares following a report of weaker-than-expected guidance. The company's earnings per share of 8 cents adjusted fell short of the 8 cents expected, while revenues of $634 million were slightly below the $625 million anticipated by