Editor’s Picks
AMC Executes Reverse Split Prior to APE Shares Transition
In a strategic maneuver preceding the anticipated conversion of its preferred “APE” shares into common stock this Friday, leading exhibitor AMC Entertainment successfully carried out...
Corporate Failures Hit Debt Investors Hard
In a year marked by a surge in corporate failures, debt investors are grappling with diminishing hopes of recovering substantial amounts from distressed companies. The...
“Barbie” Outshines “Mario” as 2023’s Top Movie
In a triumphant turn of events, Mattel (MAT) and Warner Bros. Discovery’s (WBD) production “Barbie” has officially clinched the coveted title of the highest-grossing movie...
Dollar Tree Shines in Q2 with Strong Earnings Beat
Dollar Tree, the renowned discount store chain headquartered in Virginia, has unveiled its vigorous second-quarter (Q2) outcomes for the fiscal year 2018, surpassing Wall Street’s...
T-Mobile Enacts Workforce Reduction, Targeting 5,000 Jobs
Leading wireless carrier T-Mobile revealed its intention on Thursday to initiate a reduction in its workforce, targeting approximately 7% of its employees, amounting to 5,000...
Tesla Grapples with Quality Issues Ahead of Cybertruck Debut
Tesla (TSLA) has captured the spotlight once again, this time with its highly anticipated model, the Cybertruck. Amid the excitement surrounding the upcoming production of...
Warner Bros. Discovery (WBD) Set to Launch “CNN Max
In a strategic move aimed at boosting engagement on its flagship streaming platform Max, Warner Bros. Discovery (WBD) has unveiled plans for an innovative 24/7...
Mortgage Rates Surge Impacts Homeownership Dreams
In a sharp escalation, mortgage rates have soared to levels unseen in over two decades, inflicting a blow to the cherished American Dream of homeownership....
Spirit Airlines Pays $8.25M to Settle Bag Fee Lawsuit
Spirit Airlines Inc has reached an agreement to pay out up to $8.25 million in order to settle a class-action lawsuit initiated by passengers who...
Nvidia Beats Forecast with Strong AI-Powered Revenue
Graphics processing giant Nvidia shattered expectations in its latest quarterly revenue forecast, riding the wave of the artificial-intelligence boom that has stoked demand for its...
