Enticing people back into movie theater seats has been an ongoing struggle for the country’s biggest cinema chains. A combination of slowly ebbing pandemic fears, the rise of on-demand streaming services, and the consolidation of Hollywood’s resources into a small handful of mega-blockbusters means that attendance has dwindled and movie theaters have resorted to all kinds of tactics to win back customers, some of which don’t even involve Nicole Kidman.
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The stronger-than-expected September jobs data doesn’t bode well for investors hoping the Federal Reserve can start cutting interest rates anytime soon, said Michelle Culver, portfolio strategist at Global X ETFs.
“Unfortunately for markets, this reading reflects there could be more the Fed needs to do to contain inflation pressures,” Culver said.
“Long dated yields continued their march higher as this reading reiterated the mess...

Citigroup recently dropped its price target on AMC Entertainment from $15.50 to $4.75 per share, reiterating a “sell” rating for shares. AMC stock fell almost 3% on the news yesterday.
Shares opened today, Sept. 27, at $7.95 per share and a market capitalization of about $1.25 billion. The price of AMC stock has been slashed more than 50% since AMC absorbed its APE preferred shares as common stock an...

On Oct. 2, investment bank Goldman Sachs added the artificial intelligence (AI) chipmaker to its "conviction buy" list of top stock picks. Nvidia smashed lofty expectations for earnings in late August, and guided higher.
Earlier that month, Nvidia unveiled its next-gen AI super chip: the GH200, coming next year.
Nvidia taps the emerging market for generative AI. Generative AI can create content, including written articles, from simple phrases...