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
Start
As Broadway’s spring season progresses, it is evident that the Tony season box office ranking is starting to take shape. The strongest newcomers are holding their ground, with repeat sell-outs like An Enemy of the People, Cabaret at the Kit Kat Club, and Hell’s Kitchen leading the pack. These shows, along with The Outsiders and
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
Microsoft and Amazon have recently announced significant investments in France, with Microsoft committing 4 billion euros and Amazon committing 1.2 billion euros. These investments are aimed at expanding cloud and AI infrastructure, creating jobs, and supporting digital innovation in the country. This article will analyze the implications and impact of these investments on France’s technology
Mubi, a streaming service known for its curated selection of independent and international films, has recently made a strategic hire in the form of Mark Boxer as their U.S. Head of Distribution. With decades of experience in the industry, Boxer is set to bring a wealth of knowledge and expertise to the company, particularly as
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
McDonald’s is reportedly in the process of rolling out a value meal option in U.S. locations as a response to the increasingly challenging environment for consumers. With mentions of low-income consumers on the rise during company earnings calls, it is evident that people are starting to cut back on their spending habits, particularly in the
Reports are indicating that 20th Century Studios’ latest installment, Kingdom of the Planet of the Apes, has kicked off its theatrical run with a bang. Previews for the film have raked in an impressive $6.5M, a figure that includes Thursday night earnings starting from 3 PM, as well as an additional $1.6M from special fan
Chinese electric vehicle manufacturer Zeekr has made headlines with its successful initial public offering (IPO), pricing its shares at $21 – the top end of its range. With the company set to sell 21 million American depository shares, it is expected to raise $441 million when it begins trading on the New York Stock Exchange
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
British neobank Monzo recently announced that it has secured an additional $190 million in funding, bringing its total fundraising for the year to an impressive $610 million. This latest round of funding included investments from notable new backers, such as Hedosophia and CapitalG, as well as participation from existing investors like Singaporean sovereign wealth fund
China is at the forefront of AI research, with local companies utilizing technologies similar to OpenAI’s ChatGPT to enhance the development of humanoid robots. Li Zhang, COO of LimX Dynamics in Shenzhen, noted the significant impact of generative AI in speeding up research and development cycles. The ability of AI to understand and generate content
The Broadway scene in Spring 2024 saw an influx of new productions, with 18 debuting between mid-March and late April. However, the aftermath of this Broadway crunch is now showing early signs of the inevitable shake-out. One such example is the impending closure of the show Lempicka, with a few others already playing to houses