By Michael Tedder Retail giant once held sway over media landscape, but that was before a key change. Walmart used to be one the main players in the entertainment industry. And the people who made that entertainment were generally not happy about that,…
Consumers: Not Drowning but Not Soaring Either
By Dan Weil A Bank of America Institute report on July consumer payments shows a mixed inflation picture for consumers. The July consumer price report provided mixed data on inflation, with prices unchanged in the month from June but still up 8.5% from…
Was Tom Lee Right About 2022?
By Market Rebellion Short answer: Yes. Lee predicted a treacherous first half where only energy could perform well — but in the second half… Fundstrat’s Managing Partner and Head of Research Tom Lee became finance-famous in 2020 and 2021 when he corr…
Universal Studios Changing How ‘Harry Potter’ Fans Make Magic
By Colette Bennett The theme park is making a major change in the most-popular part of its parks. A visit to Comcast’s (CMCSA) – Get Comcast Corporation Class A Common Stock Report Universal Studios just isn’t the same without a visit to The Wizarding …
Musk Is Selling Tesla Stock. Should You? Check the Chart.
By Bret Kenwell Tesla stock is rallying even after Elon Musk sold almost 8 million shares valued at $6.7 billion. Here are the two key levels to know now. Tesla (TSLA) – Get Tesla Inc. Report shares are rallying more than 2% after earlier touching a 5%…
Las Vegas May Lose Major Headline Act (at Least for Now)
By Michael Tedder But the star hints at a return with a different act sometime in the future. Las Vegas’ post covid comeback has been rolling along lately. But soon, it might lose a headliner who has made Sin City her base of operations for the past ye…
Have Stocks Bottomed After Tamer CPI Report?
By Bret Kenwell Stocks are higher after July’s better-than-expected inflation report. Here’s what to look for now as traders wonder whether the 2022 lows are in. Stocks are rocketing on Wednesday, with the S&P 500 and Nasdaq up 2% and 2.5%, respectivel…
Popeyes Muscles In on KFC’s Turf With This Move
By Colette Bennett Popeyes’ menu may look a bit different where its going. Known for its cajun flavor and unwavering devotion to frying as many pieces of food as humanly possible (well, except certain desserts), Restaurant Brand International’s (QSR) -…
Airlines Are Going to Hate it if Biden Gets This Through
By Michael Tedder The administration is considering doing something about one of the things people hate most about flying. The airline industry has had a very bumpy road back to whatever passes for normalcy in the covid era. This past weekend was a par…
Disney Fans Experience Another MagicBand+ Problem
By Danni Button The Mouse’s newest innovation to park experiences is once again failing to make Disney-goers’ dreams come true. Navigating you and your family’s experience at a Disney (DIS) – Get The Walt Disney Company Report park is virtually impossi…