Following the pullback seen in the previous session, stocks are likely to move back to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 161 points. The markets may benefit from a […]
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders remained concerned about a global recession after data showed a sharp acceleration in UK inflation. A jump in US treasury yields to its highest closing level in over fourteen years […]
Technicolor Creative Studios has teamed with state-of-the-art virtual production company NantStudios on the creation of a new virtual production stage, which will open as part of its 60,000 square-foot Creative Hub in Culver City in 2023. Technicolor has established the tech partnership and stage build as part of its investment […]
CAA on Wednesday said it would be closed for Election Day on November 8, giving its employees a paid day off for an “Election Day of service.” The aim is to encourage the agency’s employees to “engage in nonpartisan civic activities, including text banking and supporting poll workers, to help […]
The U.S. birth rate rose slightly between 2020 and 2021, the first increase in the number of births since 2014, according to the Centers for Disease Control and Prevention. The nearly 3.7 million births in 2021 represented a 1% increase from 2020, in contrast to the 4% decline from 2019 […]
Mobileye Global Inc., the self-driving technology company owned by Intel Corp. (INTC), said Tuesday that it priced its initial public offering of 41 million shares of its Class A common stock at $21.00 per share, which is above its previously estimated $18.00 – $20.00 per share range. At the IPO […]
President Joe Biden will roll out the updated Covid-19 vaccine Tuesday by receiving the first shot on his arm. After receiving the vaccine, he will deliver remarks on the ongoing fight against the virus at South Court Auditorium at 2.05 PM ET, according to the White House. The President Biden […]
Reflecting worries about rising interest rates, building material bottlenecks and elevated home prices, the National Association of Home Builders released a report on Tuesday showing a continued deterioration in U.S. homebuilder confidence in the month of October. The report showed the NAHB/Wells Fargo Housing Market Index slumped to 38 in […]
Doctor Who is teleporting to Disney+ outside the UK and Ireland. In announcing the move, the BBC and Disney Branded Television said they intend to take the already well-established franchise to even greater heights. New episodes of the series, starring Ncuti Gatwa in the title role, will debut on the […]
Asian stocks ended mixed on Monday after reports suggested that Apple has put on hold plans to use memory chips from China’s Yangtze Memory Technologies Co. in its products. The report comes just a week after the White House unveiled sweeping regulations that limit the sale of semiconductors and chip-making […]