General Motors recently reported its best quarterly sales in over three years, showcasing a notable increase in both full-size pickup trucks and all-electric vehicles. The Detroit automaker announced that its sales for the second quarter reached 696,086 units, marking a 0.6% increase from the same period last year. This represents the highest quarterly sales figure
Industry
Manhattan’s real estate market is experiencing a significant shift towards buyers, as apartment prices have decreased and inventory has increased. Reports show that in the second quarter of 2024, the average real estate sales price in Manhattan fell by 3% to just over $2 million. Additionally, the median price dropped by 2% to $1.2 million,
The report from UBS regarding Apple’s market share decline in China is a significant concern for investors. The consecutive monthly declines in iPhone sell-through should be a red flag for those holding Apple stock. It is essential to closely monitor the situation in China and how it may impact Apple’s overall performance moving forward. With
Boeing recently announced its decision to acquire Spirit AeroSystems, a struggling fuselage maker, in a deal valued at $8.3 billion. The planemaker emphasized that this acquisition is aimed at enhancing safety and quality control within its production processes. This move comes in the wake of a series of safety incidents, including a fuselage panel blowout
Disney and Pixar’s “Inside Out 2” has achieved a remarkable milestone by joining the prestigious billion-dollar club. The animated sequel has surpassed $1 billion in worldwide box office revenue, solidifying its status as the highest-grossing film of 2024. This achievement marks a significant success for the film industry, particularly in a post-pandemic era where theatrical
Billionaire investor Peter Thiel recently shared his views on Bitcoin, suggesting that the cryptocurrency may have already reached a substantial portion of its potential value. He expressed skepticism about the possibility of significant price increases for Bitcoin in the foreseeable future, indicating that the days of dramatic growth may be over. Thiel’s cautious outlook on
Sonic, the first atomic SVM chain enabling sovereign game economies on Solana, has recently achieved a significant milestone with the launch of its incentivized testnet named “Odyssey.” This testnet has successfully connected over 100,000 wallets and facilitated more than 17 million transactions, setting the stage for a successful mainnet launch in the near future. Backed
In a time where the film industry is facing a lack of new content and audience preferences are evolving, Fathom Events has managed to defy the odds and achieve record revenue growth. This joint venture between major theater chains like AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big
Investors are constantly on the lookout for opportunities to bolster their portfolios and increase returns. Dividend-paying stocks have emerged as a popular choice for many, offering a source of consistent income while also potentially providing capital appreciation. However, not all dividend stocks are created equal. To truly benefit from this investment strategy, it is crucial
The Summer Fancy Food Show is known for showcasing the latest and most innovative flavors, foods, and drinks that are set to dominate menus and grocery store shelves. This year’s event at the Jacob K. Javits Convention Center in New York did not disappoint, with over 2,400 companies exhibiting their products. From honey-infused treats to