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'Wicked', 'Gladiator 2' score $170M in opening weekend ticket sales

Movie theaters experienced a strong weekend, generating $170 million in ticket sales with the premieres of "Wicked" and "Gladiator II." The musical "Wicked" led the box office, bringing in $114 million while "Gladiator 2" contributed $55.5 million to the weekend's impressive ticket sales. Yahoo Finance Senior Reporter Alexandra Canal offers insights into cost-saving strategies for moviegoers facing increasingly expensive ticket prices. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

IMAX

CNK

AMC
Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of millions of dollars of expenses.

Yahoo Finance 2 hours ago

M
US to reduce Intel's CHIPS grant to below $8 billion: NYT

The US is reducing its CHIPS & Science Act grant allotted to Intel (INTC) to below $8 billion, down from the originally proposed $8.5 billion, as officials account for the semiconductor giant's other $3 billion-plus grant for making chips for the Pentagon. The Morning Brief's Seana Smith and Brad Smith break down the New York Times report while Intel's stock moves to the upside this morning. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 3 hours ago

INTC
Trump nominates Bessent, Macy's delays earnings, PCE: 3 Things

President-elect Donald Trump has pushed forward a nomination for Key Square Group Founder and CEO Scott Bessent to be the next US Secretary of the Treasury in his Cabinet. US stock futures (ES=F, NQ=F, YM=F) are reacting positively to this news Monday morning. Department store Macy's (M) is delaying the release of its third quarter earnings report after it was discovered an employee hid up to $154 million in expenses for the retailer. The Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — is due out this Wednesday, November 27, alongside the central bank's November meeting minutes for this week. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 hours ago

ES=F

NQ=F

M
Quantum Corporation Stock Soars 140% Following New Product Launch and Positive Earnings Report

New Product and Financial Gains Spark Renewed Confidence Despite Past Operational Challenges

GuruFocus.com 27 minutes ago

QMCO
Is Plug Power Inc. (PLUG) the Best Renewable Energy Penny Stock to Invest In Now?

We recently compiled a list of the 10 Best Renewable Energy Penny Stocks to Invest In. In this article, we are going to take a look at where Plug Power Inc. (NASDAQ:PLUG) stands against the other renewable energy penny stocks. On November 11, the Financial Times reported that the U.S. clean energy industry faces a significant […]

Insider Monkey 1 hour ago

PLUG
Why Rivian Stock Is Surging Today

Shares of Rivian Automotive (NASDAQ: RIVN) were trading higher on Monday after California's governor said that his state could provide rebates to electric vehicle (EV) buyers if President-elect Donald Trump ends federal EV tax credits. As of noon ET, Rivian's shares were up about 14.9% from Friday's closing price. In a statement on Monday morning, Gov. Gavin Newsom of California said that he will propose creating a new version of California's Clean Vehicle Rebate Program, or CVRP, if Trump follows through on his plan to eliminate federal tax credits for EV buyers.

Motley Fool 1 hour ago

RIVN
BridgeBio Catapults After Snagging Approval For Its Rival To Pfizer's Heart Drug

BridgeBio Pharma snagged FDA approval for its rival to Pfizer's heart disease treatment, Vyndaqel. BridgeBio stock catapulted.

Investor's Business Daily 1 hour ago

BBIO

PFE
Stock Market Today: Dow Jones Trims Gains As Yields Fall On Trump Treasury Pick; Several Breakouts, Nvidia Moves To Watch (Live Coverage)

The Dow Jones rose after Donald Trump picked Scott Bessent for Treasury secretary. Nvidia and Palantir were mixed on the stock market today.

Investor's Business Daily 1 hour ago

M

SMCI

PLTR
Top Midday Stories: Macy's Says Ex-Employee Hid Up to $154 Million in Expenses; Summit to Be Acquired by Quikrete for $11.5 Billion; Nvidia Unveils AI Model

All three major US stock indexes were up around midday Monday to kick off a shortened trading week due to the looming Thanksgiving holiday. In company news, Macy's (M) said in a preliminary statement that a former employee attempted to hide about $132 million to $154 million in delivery expenses from fiscal Q4 2021 through the most recent quarter ended Nov. 2. The company said it is delaying its earnings release and conference until as late as Dec. 11 to allow for an independent audit. Macy's al

PREMIUM
MT Newswires 1 hour ago

NVDA

C

MS-PQ
Accounting Scandal Hits Macy's: Delivery Costs Hidden as Q3 Sales Fall Short

Macy's faces accounting scandal, reports Q3 sales dip, but remains optimistic about holiday season trends

GuruFocus.com 1 hour ago

M
Scholar Rock Stock Jumps As Rival Biohaven's Muscle-Wasting Drug Flunks Pivotal Study

On Monday, Biohaven Ltd. (NYSE:BHVN) updated the taldefgrobep alfa development programs in Spinal Muscular Atrophy (SMA) and obesity. In the RESILIENT SMA study, taldefgrobep showed clinically meaningful improvements in motor function at all time points on the Motor Function Measurement-32 scale (MFM-32), but the treatment arm did not statistically separate on the primary outcome at 48 weeks compared to the placebo+standard of care (SOC) group. Also Read: Biohaven Stock Spikes After Drug Candida

Benzinga 1 hour ago

SRRK

BHVN
Rivian jumps after Tesla reaches 'conditional settlement" in its 2020 lawsuit

Investing.com -- Rivian Automotive Inc (NASDAQ:RIVN) shares jumped 13% after Tesla (NASDAQ:TSLA) announced it had reached a "conditional" settlement in its 2020 lawsuit accusing Rivian of employee poaching and theft of electric-vehicle trade secrets.

Investing.com 1 hour ago

TSLA

RIVN
Macy’s Reveals Employee Hid $100 Million in Expenses. The Stock Slumps.

It’s Thanksgiving Week, so the only thing we should be thinking about regarding Macy’s is its parade. Instead, the company postponed its quarterly earnings release to complete an investigation after discovering an employee hid up to $154 million in expenses, the company said Monday. A single Macy’s employee intentionally made “erroneous accounting accrual entries to hide approximately $132 million to $154 million of cumulative delivery expenses from the fourth quarter of 2021 through fiscal quarter ended November 2, 2024,” the company said in a news release.

Barrons.com 1 hour ago

M
Macy's Reports Better-Than-Expected Preliminary Quarterly Sales, Delays Full Report Amid Accounting Issue

Macys store department -Shutterstock Macy's (M) reported preliminary fiscal third-quarter sales that narrowly beat analysts estimates while announcing a delay in its full earnings release due to an accounting issue that prompted an independent investigation. The department store operator's sales are expected to have declined 2.4% year over year to $4.74 billion, compared with the $4.73 billion average analyst estimate in a FactSet poll. Comparable sales likely fell 2.4% on an owned basis and 1.3

PREMIUM
MT Newswires 2 hours ago

M
Macy’s Says Accounting Employee Hid Up to $154 Million in Delivery Expenses

The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an investigation.

The Wall Street Journal 2 hours ago

M
Why Intel Stock Popped on Monday

Even massive help from the government can't make Intel stock a buy.

Motley Fool 2 hours ago

INTC
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?

With the government deciding to reduce the funding, it appears Intel has fallen down the pecking order.

Zacks 2 hours ago

INTC

ANET
Nvidia's Strong Earnings to Benefit TSMC as AI Demand Continues to Soar

TSMC's Future Looks Bright as Nvidia's AI Boom Fuels Semiconductor Industry Growth

GuruFocus.com 3 hours ago

NVDA

TSM
Cassava Sciences Plummets 84% After Embattled Alzheimer's Drug Flops

Cassava Sciences stock plummeted Monday after the company's Alzheimer's treatment failed in Phase 3 testing.

Investor's Business Daily 3 hours ago

SAVA

SAVAW

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Related News

'Wicked', 'Gladiator 2' score $170M in opening weekend ticket sales

Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses

US to reduce Intel's CHIPS grant to below $8 billion: NYT

Trump nominates Bessent, Macy's delays earnings, PCE: 3 Things

Quantum Corporation Stock Soars 140% Following New Product Launch and Positive Earnings Report

Is Plug Power Inc. (PLUG) the Best Renewable Energy Penny Stock to Invest In Now?

Why Rivian Stock Is Surging Today

BridgeBio Catapults After Snagging Approval For Its Rival To Pfizer's Heart Drug

Stock Market Today: Dow Jones Trims Gains As Yields Fall On Trump Treasury Pick; Several Breakouts, Nvidia Moves To Watch (Live Coverage)

Top Midday Stories: Macy's Says Ex-Employee Hid Up to $154 Million in Expenses; Summit to Be Acquired by Quikrete for $11.5 Billion; Nvidia Unveils AI Model

Accounting Scandal Hits Macy's: Delivery Costs Hidden as Q3 Sales Fall Short

Scholar Rock Stock Jumps As Rival Biohaven's Muscle-Wasting Drug Flunks Pivotal Study

Rivian jumps after Tesla reaches 'conditional settlement" in its 2020 lawsuit

Macy’s Reveals Employee Hid $100 Million in Expenses. The Stock Slumps.

Macy's Reports Better-Than-Expected Preliminary Quarterly Sales, Delays Full Report Amid Accounting Issue

Macy’s Says Accounting Employee Hid Up to $154 Million in Delivery Expenses

Why Intel Stock Popped on Monday

US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?

Nvidia's Strong Earnings to Benefit TSMC as AI Demand Continues to Soar

Cassava Sciences Plummets 84% After Embattled Alzheimer's Drug Flops