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
Success
The U.S. Track & Field Olympic Trials this year have seen a significant presence of unsponsored athletes, challenging the traditional sponsorship model for professional athletes. A total of 35 athletes are being supported by Bandit Running’s Unsponsored Project, a unique initiative aimed at providing opportunities for up-and-coming competitors in the sport. Instead of having to
Bank of America’s recommendation to buy shares of Viking, the luxury cruise company, may seem enticing at first glance, but upon closer inspection, it becomes evident that there are significant risks involved. While analyst Andrew Didora highlights Viking’s unique business model and high daily net per diems, he fails to address the potential challenges the
Bitcoin recently experienced a significant drop in value after surpassing the $71,000 mark, leading to a 14% decrease and falling below $60,000. Despite this, there is hope for a potential reversal in the near future as Bitcoin approaches the lower end of the sideways market channel. The $58,000 level has historically served as a strong
As June came to a close in 2024, the municipal market seemed to end on a quiet note. Despite a new-issue slate of only $240 million, there were still significant movements to observe. Munis were able to outperform U.S. Treasuries on Friday, maintaining stability while government securities experienced losses. Equities also saw a decline following
NASA and Boeing have made the decision to extend the first crewed flight of the Starliner capsule, known as “Calypso,” without providing a specific date for its return to Earth. This extension is due to the need for additional testing on the ground, which will take place while the capsule remains at the International Space
Governor Gavin Newsom recently delivered a State of the State speech that was criticized for not adequately addressing California’s challenges in light of tax revenue shortfalls. Instead of focusing on state policy issues, Newsom centered his speech around national politics and the California Dream. His speech, delivered to an empty Dodgers Stadium due to COVID-19
Nike CEO John Donahoe has been facing increasing scrutiny and criticism from Wall Street after the company reported a decline in sales for its current quarter, which was even worse than projected. In addition, the company expects sales to be down in fiscal year 2025, a significant deviation from previous expectations. This led to a
As Wall Street wraps up a strong first half, investors are reflecting on the market’s performance thus far. The S & P 500 has seen gains of roughly 15% in 2024, with the Dow Jones Industrial Average up 5% and the Nasdaq Composite leading the pack with a 20% gain. The rise of artificial intelligence
The House Committee on Transportation and Infrastructure has raised concerns over the slow pace at which the Department of Transportation (DOT) is distributing Infrastructure Investment and Jobs Act (IIJA) funds. Despite receiving over $364 billion since the enactment of IIJA, the DOT has only obligated a little over half of the funds and outlaid a