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‘Top Gun: Maverick’ collects a staggering $124M in opening weekend

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It’s one of the year’s most-hyped films, and now its got the box office earnings to prove it

Top Gun: Maverick has hit big screens right around the world, collecting a whopping $154 million in the U.S alone, as the country’s long weekend wraps up.

The all-American action adventure is bathing in the glory of solid reviews, star power and a huge level of nostalgia.

Lead by Tom Cruise, the film is the actor’s highest-grossing debut in his 40-year career, and his first to soar past 100 million.

The film had a hefty $170 million production budget, so the opening weekend was a pleasant splash of cash, especially after spending tens of millions spent on promoting the movie to audiences worldwide. 

War of the World’s is Cruise’s second biggest opening, sitting at $64 million for its 2005 premier weekend.

Cinemas are reporting audiences over 40 years old turning out in force to watch the Top Gun sequel.

It’s believed the film’s positive word of mouth will help reach younger audiences, who were not alive when the original “Top Gun” opened 36 years ago.

The two-year wait has already started to pay off since the film has been rapturously reviewed.

It has a 97% on Rotten Tomatoes and an “A+” CinemaScore.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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