Walmart enters the metaverse with Roblox experiences aimed at younger shoppers

In this article WMT RBLX Follow your favorite stocksCREATE FREE ACCOUNT Walmart has two experiences in Roblox. In Walmart Land, there are giant versions of beauty items sold at the retailer’s stores and website. Walmart Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. The retail giant’s first foray…

Singapore’s Temasek leads a $40 million funding round in a Chinese startup

In just three years, Beijing-based Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch the cloud version of the hit game Genshin Impact. Ina Fassbender | Afp | Getty Images BEIJING — Singapore state investment firm Temasek is leading a $40 million funding round in a Chinese startup despite a…

‘Avatar’ re-release shows franchise’s overseas strength while pulling in $10 million domestically

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar Source: Walt Disney Studios Disney is expected to snare $30 million in ticket sales globally from its theatrical re-release of 2009’s “Avatar.” While domestic ticket sales, which will reach $10 million, according to projections, are in-line with analysts’ projections, it’s the international tally of…

‘The Woman King’ shows why the box office needs more mid-budget movies

In this article WBD 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Viola Davis stars in Sony’s “The Woman King.” Sony The Woman King” held firm at the box office during its second weekend in theaters. The Sony film is expected to generate $11.2 million in ticket sales domestically from Friday through Sunday, a 42% drop…

Why Mark Cuban keeps working, even though he wanted to retire at 35: ‘I’m too competitive’

Almost four decades ago, a 25-year-old Mark Cuban had a goal: He wanted to retire within 10 years.    But to this day, the 64-year-old billionaire is still working as an investor and entrepreneur. From owning the NBA’s Dallas Mavericks to starring on ABC’s “Shark Tank,” Cuban says he’s far from ready to scale back….

Top Wall Street analysts name their best stock ideas to ride out the market turbulence

Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC This year has already been a tough one, and 2023 isn’t looking much better, with economic growth expected by the Federal Reserve to come in at just 1.2%. Given this dour outlook, investors will have to carefully choose where to put their money to work….

Here’s why pumpkin spice lattes are so popular: It’s ‘very simple economics,’ say the experts

Mphillips007 | E+ | Getty Images The pumpkin spice latte is back — and the popular and meme-ified seasonal drink can teach us a lot about consumer behavior and economics. Starbucks debuted the pumpkin spice latte in 2003, and the “PSL” grew to be the company’s most popular seasonal drink, selling more than 600 million…

Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The heads of seven of the biggest U.S. banks, including JPMorgan Chase CEO Jamie Dimon and Citigroup‘s Jane Fraser, are set to testify Thursday before the Senate Committee on Banking,…

How Bryan Lourd became one of the most powerful people in the history of Hollywood

Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment | Getty Images After shocking the corporate world last year with the news Discovery Communications would merge with WarnerMedia, incoming Warner Bros. Discovery Chief…

Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some companies

In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Palantir co-founder and CEO Alex Karp believes this period of “deadly” macroeconomic uncertainties will crush many companies with shaky fundamentals. “Bad times are incredibly good for Palantir … bad times really uncover the durable companies, and tech is going through bad times … interest rates are the…

Biden administration awards $1.5 billion to fight opioid crisis

US President Joe Biden speaks about the DISCLOSE Act at the Roosevelt Room of the White House in Washington, DC on September 20, 2022. Saul Loeb | AFP | Getty Images The Biden administration announced Friday it is awarding $1.5 billion in grants to help states, territories and tribal lands combat the opioid crisis. The…