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Are we ready for another Barbie movie? Cinemas say YES

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Following the extraordinary success of the Greta Gerwig-directed Barbie movie featuring Margot Robbie and Ryan Gosling, insiders reveal that plans for a sequel are already underway.

The impressive performance of the blockbuster film, along with the popularity of the cast, has paved the way for the production of a follow-up movie.

Reports suggest that emails have been dispatched to the crew who worked on the initial ‘Barbie’ film, initiating discussions about their involvement in the upcoming sequel. Although details are in their early stages, it seems that producers are keen on retaining the same crew for the sequel.

Barbie has broken several box office records since its release and is on the verge of securing the top position as the highest-grossing film of 2023 in the US. The movie achieved an astounding $155 million in its opening week in the US and recently crossed the $1 billion mark in global box office sales, a milestone achieved by only a handful of films in history.

Barbenheimer madness

The combined success of ‘Barbie’ and ‘Oppenheimer,’ collectively known as ‘Barbenheimer,’ has ignited a cultural sensation and has the potential to rejuvenate the struggling movie theater industry. The duo marked the fourth highest-grossing industry weekend in North America, amassing a total of $302 million.

Industry analysts express astonishment at the unprecedented phenomenon. Paul Dergarabedian, senior media analyst at Comscore, acknowledges that the marketing campaign played a significant role in the film’s success. The creative promotion led to the term ‘Barbenheimer’ entering the lexicon, indicating the film’s unique impact.

In a recent interview, Margot Robbie, who not only portrayed the lead role but also produced the movie, shared her anticipation for the film’s triumph. She recalled predicting a billion-dollar achievement to the studios during the greenlight meeting.

As the ‘Barbie’ movie continues to soar, discussions about the sequel are generating excitement among fans and industry professionals alike.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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