Paramount’s release of John Krasinski’s film, IF, has seen success in the international box office, grossing $20M in the overseas market. The positive word of mouth surrounding the film is likely to contribute to its playability in the coming weeks. The film opened at No. 1 in the UK with $3.2M, quickly becoming a standout
Success
When looking at Ares Capital (ARCC), one can see that it is a company that focuses on providing financing solutions for small- and middle-market companies. The company recently declared a quarterly dividend of 48 cents per share with a dividend yield of 9.1%. The company’s core earnings per share slightly missed analysts’ estimates but the
Tycoon Elon Musk’s arrival in Bali for the planned launch of SpaceX’s Starlink internet service signals a significant development in Indonesia’s quest to boost internet penetration and health services. The Indonesian government views this collaboration as a crucial step towards ensuring equal access to the internet across the country, particularly in remote areas where connectivity
Goldman Sachs recently reported a significant shift in the performance of the top technology companies, known as the “Magnificent 7,” after analyzing their first-quarter results. The collective profits of Apple Inc, Amazon.com Inc, Alphabet Inc, Meta Platforms Inc, Microsoft Corporation, NVIDIA Corporation, and Tesla Inc increased by 48% year-over-year. This growth was driven by a
Japan’s Nippon Steel has been making significant efforts to complete its planned purchase of U.S. Steel. The company’s vice chairman, Takahiro Mori, who plays a crucial role in the negotiations, is set to travel to the United States next week to meet with stakeholders. This visit is part of the ongoing dialogues aimed at gaining
The recent vote by Mercedes-Benz workers in Alabama against union representation by the United Auto Workers has dealt a significant blow to the UAW’s organizing efforts. Despite the UAW’s success in winning an organizing drive at a Volkswagen plant in Tennessee, the majority of Mercedes-Benz workers voted against unionization, with 56% of the vote going
John Krasinski’s newest film, IF, brought in an impressive $1.75M in Thursday night previews, starting at 4 p.m. This family-friendly feature is rated PG, making it a refreshing change from recent releases. While initial reviews are not glowing, sitting at 51% on Rotten Tomatoes, audience reactions seem to be more positive than expected. Industry experts
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
Walmart has recently shown exceptional performance, surpassing quarterly earnings and revenue expectations with its innovative strategies. The retail giant’s success can be attributed to its significant e-commerce gains, profit-driving businesses such as advertising, and its ability to attract more high-income shoppers. The company has now revised its full-year guidance, aiming to exceed its initial projections
As tensions between the U.S. and China continue to rise, many investors are turning to a “China Plus One” strategy, seeking opportunities in other countries such as India and Southeast Asia. According to Shailendra Singh, managing director of Peak XV Partners, this diversification strategy is benefiting markets outside of China in the short term. However,
Netflix, the streaming giant, made a groundbreaking announcement on Wednesday, revealing that its cheaper, ad-supported tier has now surpassed a whopping 40 million global monthly active users. This astonishing figure represents a significant leap from the 23 million users reported earlier this year in January. The company’s decision to introduce this more affordable subscription plan
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
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
Novavax experienced a substantial surge in its stock price of up to 50% following the announcement of a groundbreaking multibillion-dollar deal with French pharmaceutical giant Sanofi. This deal marked a pivotal moment for the struggling vaccine maker, with its stock nearly doubling after the licensing agreement with Sanofi was made public. The Deal Details Under