RgStudio “Despicable Me 4” this weekend added an estimated $44.7 million to its box-office sales to keep its No. 1 spot in North America for the second straight week. The animated feature from Universal (NASDAQ:CMCSA) and Illumination has grossed more than $200 in the United States and Canada. The biggestContinue Reading
KanawatTH Nvidia (NASDAQ:NVDA) dropped 4% on Thursday, and was followed by other big tech Magnificent Seven names such as Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOG)(NASDAQ:GOOGL), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) as investors apparently rotated out of the sector. Nvidia’s drop was its largest since June 24. By late afternoon trading,Continue Reading
Boarding1Now/iStock Editorial via Getty Images Delta Air Lines (NYSE:DAL) slid on Thursday after rattling investors with cautious guidance. Revenue was up 7.2% year-over-year to a record tally for the quarter of $16.7 billion. Premium revenue increased 10%, with premium unit revenues positive year-over-year. Loyalty revenue was up 8%, driven byContinue Reading
kali9/E+ via Getty Images “Despicable Me 4” was the No. 1 box-office draw during the holiday weekend with an estimated $75 million in ticket sales from Friday to Sunday and $122.6 million since its Wednesday premiere. The animated sequel from Comcast’s (NASDAQ:CMCSA) Universal Pictures is the latest summer release toContinue Reading
WANAN YOSSINGKUM/iStock via Getty Images China is leading other countries in generative AI inventions such as chatbots as it submitted six times more patents than the nearest competitor, the U.S., Reuters reported citing U.N. data. Patent filings related to Generative AI saw more than 50,000 applications submitted in the pastContinue Reading
Klaus Vedfelt “Inside Out 2” for the third straight weekend was the No. 1 box-office draw with an estimated $57.4 million in North American sales, according to studio estimates Sunday. The sequel from Disney/Pixar (NYSE:DIS) also set a record for animated movies with global sales of $1.01 billion. “A QuietContinue Reading
Andy/iStock via Getty Images Semiconductor stocks were largely in the red on Thursday, amid profit taking by investors, spurred in part by Micron Technology’s (NASDAQ:MU) in-line guidance. Micron shares fell nearly 7% with more than 37M shares changing hands shortly before 12 p.m. EST, compared to the average daily volumeContinue Reading
gorodenkoff Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year lookback, compared to in the 91st percentile at the end of May, analysts headedContinue Reading
