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
Successful
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,
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
Iraq's oil minister recently announced that Chinese companies have secured five more bids to explore oil and gas fields in the country. This adds to the ten licenses that Chinese companies have already obtained, making them the sole foreign players in the latest round of hydrocarbon exploration licensing. The lack of participation from other international
Jane Schoenbrun's film, I Saw Then TV Glow, has seen a significant increase in box office earnings in its second week, with an estimated $195k+ on 21 screens. This expansion marks a successful rollout, driven by a passionate fan base particularly among young, male, and LGBTQ+ audiences. The gender-bending supernatural thriller is set to continue
Moderna announced on Friday that the Food and Drug Administration has postponed the approval of its respiratory syncytial virus (RSV) vaccine to the end of May due to what they described as “administrative constraints” within the agency. The decision, which was anticipated to be made on Sunday, has left investors on edge as they await
Activist group Politan Capital has made it clear that they are not backing down in the battle for board seats at Masimo. In response to the company's settlement offer to add one of Politan's nominees, William Jellison, to the board, Politan's Quentin Koffey has demanded that not only Jellison be added, but also another nominee,
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
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
The journey to bring a live-action Barbie movie to the big screen was undoubtedly a long and winding road. With various studios and producers attached to the project over the years, including big names like Anne Hathaway and Amy Schumer, the path to realizing Barbie's potential as a movie franchise was fraught with challenges. However,
The recent success of A24's “I Saw The TV Glow” marks a significant turning point in the specialty market, providing a glimmer of hope after a lackluster April. Jane Schoenbrun's '90s era trans coming-of-age horror-thriller made an impressive debut, grossing $116.3k at four theaters in New York and LA. With a per screen average of
Warren Buffett recently announced that Berkshire Hathaway is considering an investment opportunity in Canada. Despite uncertainties in the current global financial landscape, Buffett expressed confidence in putting money into Canada and revealed that the company is actively exploring potential opportunities in the country. In the past, Buffett has made significant investments in Canada, such as
Recently, Johnson & Johnson announced a settlement of $6.5 billion to resolve almost all of the lawsuits filed against the company in the U.S. concerning ovarian cancer caused by its talc-based products. This settlement has been a long time coming, as the legal battles have been ongoing for decades, causing financial and public relations difficulties