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Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there
05/02/2024

Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there

While franchise-rich movies slates are on the docket for 2024 and 2025, Wall Street doesn't foresee ticket sales exceeding $10 billion domestically until 2026.

Fourth-quarter earnings are shaping up to be the best of 2023, but there’s a catch
05/02/2024

Fourth-quarter earnings are shaping up to be the best of 2023, but there’s a catch

Almost halfway into earnings season, profits are clearly coming in far better than anybody expected.

Cruise is in danger of becoming GM’s latest trendy venture that doesn’t pay off
16/12/2023

Cruise is in danger of becoming GM’s latest trendy venture that doesn’t pay off

Cruise has quickly gone from one of GM's greatest business opportunities to a massive liability.

Citigroup employees, on edge over layoffs, told they can work remotely until the new year
16/12/2023

Citigroup employees, on edge over layoffs, told they can work remotely until the new year

Citigroup employees worried about CEO Jane Fraser's sweeping overhaul expressed concern over whether their jobs will exist in the new year.

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
10/12/2023

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

Why automakers are turning to hybrids in the middle of the industry’s EV transition
10/12/2023

Why automakers are turning to hybrids in the middle of the industry’s EV transition

Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024
04/12/2023

Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024

Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
04/12/2023

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1,500 jobs.

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
21/11/2023

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless CEO Hiroki Takeuchi said that his firm was "very open minded" about the prospect of mergers and acquisitions.

Central banks look to have hit peak rates. Here’s how markets think they’ll come down
21/11/2023

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world's major central banks paused their interest rate hiking cycles in recent weeks and markets are turning their attention to the first round of cuts.

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