IMAX CEO Rich Gelfond recently projected an impressive forecast for the company, estimating a potential $1.2 billion in box office revenue for 2025. In an interview with CNBC, Gelfond articulated optimism about the upcoming year, asserting that it could become the best in the company’s history. This level of performance would mark a notable rebound
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In recent years, the implementation of tariffs by the Trump administration has sent shockwaves through global markets, affecting investors, businesses, and consumer dynamics. These tariffs, particularly those imposed on Chinese goods and neighboring countries like Canada and Mexico, represent a significant shift in trade policy aimed at protecting domestic industries but also bear the risk
Alibaba is making headlines once again, showcasing an impressive rebound in its stock performance. As of February 2025, shares listed in the U.S. have surged nearly 70%, primarily attributed to the company’s strategic investment in artificial intelligence (AI). This turnaround marks a significant change in sentiment for the e-commerce giant, which has been grappling with
The saga of Fannie Mae and Freddie Mac, two key architects of the American mortgage landscape, has seen significant evolution since their inception. As institutions once heralded for stability, they found themselves under federal conservatorship during the financial crisis of 2008. With discussions of their possible return to private management heating up, it raises questions
For decades, the New York Yankees have upheld a stringent policy regarding player grooming, famously limiting facial hair to mustaches. This rule, instituted by the late George Steinbrenner in the 1970s, aimed to foster a sense of discipline and pride among players. Steinbrenner believed that a clean-cut appearance represented the values of the organization. The
Warren Buffett, the iconic 94-year-old CEO of Berkshire Hathaway, has long been revered for his insightful equity investments. However, recent actions have induced a sense of intrigue among investors and analysts alike. Buffett’s decision to sell stocks continuously throughout the last year and amass an extraordinary cash reserve – now reaching a staggering $334 billion
In a distinctly partisan climate, the U.S. Senate has passed a “skinny” budget resolution after an exhaustive 10-hour vote-a-rama, wherein the contours of fiscal planning can significantly affect various sectors, including municipal finance. As the nation braces for potential shifts in tax policy and government spending, the implications for the municipal bond market—often seen as
The landscape surrounding Novo Nordisk’s weight loss injection Wegovy and diabetes treatment Ozempic has recently undergone a significant shift. For more than two years, these vital medications experienced a severe shortage in the United States, which prompted many patients to seek alternatives through compounding pharmacies. However, the U.S. Food and Drug Administration (FDA) has announced
Warren Buffett, often celebrated as one of the most astute investors of our time, continues to provide valuable insights through his annual letters to shareholders. His 2024 letter stands out as a beacon of wisdom, bringing forward critical commentary on America’s economic situation, fiscal policies, and personal reflections on his enduring investment journey with Berkshire
UnitedHealthcare, a leading health insurer and subsidiary of UnitedHealth Group, finds itself at the center of a whirlwind of controversies and challenges that have raised serious concerns among stakeholders and the public alike. The company is facing a federal investigation into its Medicare billing practices, is compelled to implement employee buyouts, and is entangled in