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2 mins read

Nintendo stock jumps after 'The Super Mario Bros. Movie' breaks records in $377 million box office haul

JPMorgan said it expects the Mario movie will ultimately surpass Frozen II in its total box office …

Matthew Fox   


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2 mins read

Costco won't raise the price of its $1.50 hot dog combo despite brutal inflation. Charlie Munger loves the mega-retailer for taking that approach

Costco has been charging $1.50 for a hot dog and soda since 1985. Warren Buffett's business partner…

Theron Mohamed   


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1 min read

Bob Iger says Disney needs a reality check about box office success

Disney's been so successful that a movie making anything less than $1 billion was viewed as a disap…

Kai Xiang Teo   


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2 mins read

Warren Buffett's company missed out on a roughly $1.5 billion gain by dumping Costco stock in 2020

Warren Buffett's Berkshire Hathaway sold a Costco stake worth $3 billion today for as little as $1.…

Theron Mohamed   


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2 mins read

Analyst’s prescription for Bollywood: Focus on star power & content

Karan Taurani of Elara Capital has a prescription for Bollywood if it wants to bring the audiences …

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6 mins read

I've followed the Mediterranean diet for over 2 years. Here are 10 groceries I always stock up on.

I've followed the Mediterranean diet, voted the best diet of 2022, for years. I have many go-to gro…

Jennifer Barton   


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3 mins read

Jack in the Box's first new burger in 8 years sold out so fast you can't find it anywhere right now

Jack in the Box's new premium burger sold out in two weeks due to unprecedented demand and limited …

Nancy Luna,Anneta Konstantini…   


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1 min read

US stocks rise as key Treasury yield nears 5% ahead of Powell's speech

Of the 64 S&P 500 companies that have reported earnings results so far, 73% have beaten profit esti…

Matthew Fox   


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3 mins read

Zee Entertainment rallies sharply in one month on strong box office collection of ‘The Kashmir Files’ and on high hopes from Zee-Sony merger

Things are finally falling in place for investors of Zee Entertainment Enterprises as shares of the…

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2 mins read

Why 'Barbenheimer' might not be enough to fuel a movie-stock rally

Despite the highly anticipated debuts of Barbie and Oppenheimer, JPMorgan strategists aren't bankin…

Phil Rosen   


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1 min read

The worst bond-market rout in history is a grave threat to stock prices, hedge fund CIO warns

The benchmark S&P 500 index has plunged 10% over the past few months, with investors fretting about…

George Glover   


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1 min read

AMC spikes 22% as theater operator says latest 'Spider-Man' film set box-office records for December

The film "was the single highest grossing movie title on its opening night in AMC's history, for a …

Max Adams   


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1 min read

Best Buy falls 17% as wave of organized retail theft hits the big box electronics chain, squeezing profit margins

"We are definitely seeing more and more organized retail crime and incidence of shrink in our locat…

Matthew Fox   


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2 mins read

JPMorgan cuts its Netflix stock-price target in half, says the streaming giant has checked every box of its bear case

Netflix has "essentially conceded to every key point of the bear thesis," analysts at the investmen…

Carla Mozée   


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1 min read

Box stock surges 10% after report says the company is exploring a sale amid pressure from activist investor Starboard

Box stock surged as much as 10% on Monday after reports said the company may be open to a sale amid…

Will Daniel   


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2 mins read

Netflix handed a director millions to make a sci-fi series, but he squandered it on stocks, crypto, and flashy cars: NYT

Carl Erik Rinsch spent millions that Netflix gave him for his sci-fi series on bets in the stock an…

Kwan Wei Kevin Tan   


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US stocks fall as the 10-year US Treasury yield approaches 5% and Powell says inflation 'still too high'

"Does it feel like policy is too tight right now? I would have to say no," Powell said, adding that…

Matthew Fox   


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The Dow's win streak is at risk as US stocks drop ahead of expected Fed rate hike

Of the 132 S&P 500 companies that have reported second-quarter earnings so far, 77% beat profit est…

Matthew Fox   


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1 min read

Taylor Swift gives the US economy another boost as "The Eras Tour" film breaks box-office records on its opening weekend

Swift's tour has given the US economy a big boost in 2023, with even the Federal Reserve noting its…

George Glover