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☆ Lindsay Lohan said she told Disney's CEO she deserved 2 paychecks for playing twins in 'The Parent Trap'
▼ + stars: | 2024-11-22 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

AdvertisementLindsay Lohan recalled a 1998 conversation about "The Parent Trap" with Michael Eisner when he was Disney's CEO. "The Parent Trap" made six times its budget of $15 million at the box office. Lindsay Lohan said she told Michael Eisner, the former Disney CEO, that he should've paid her twice for playing the Parker twins in "The Parent Trap." Lohan hasn't publicly disclosed how much she was paid for her dual roles in "The Parent Trap," leaving it unclear how much her quippy request represented. AdvertisementElsewhere in the interview with Cohen, Lohan also said she would only be open to a reboot of "The Parent Trap" if its director and co-writer Nancy Meyers were involved.

Persons: Lindsay Lohan, Michael Eisner, didn't, should've, Parker, Lohan, Hallie, Annie Parker, Andy Cohen, Eisner, Lohan hasn't, underpaid, Cate Blanchett, Andy Cohen's, Glen Powell, It's, Jamie Lee Curtis, Cohen, Nancy Meyers Organizations: Disney, Office Locations: Nancy

☆ One week later – A look at the Trump trades gaining momentum and those that are fading
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The S & P 500 last week scored its best week since November 2023, hitting the 6,000 mark, while the 30-stock Dow Jones Industrial Average climbed above 44,000. Stocks seen as early beneficiaries, among them steelmakers and banks, are losing momentum, while others like Tesla are continuing to climb. Its shares are nearly flat week so far this week. Take a look at the lot: Tesla 's the most popular winner in the group, gaining roughly 21% since Nov. 6, boosted by CEO Elon Musk's close relationship with Trump. Other than Tesla, energy stocks Coterra Energy and Baker Hughes are also moving higher, the latter gaining more than 15% just this month.

Persons: Trump, Donald Trump, Stocks, Tesla, Morgan Stanley, Betsy Graseck, Elon Musk's, Edison Yu, JD Vance, Baker Hughes, Goldman, Citigroup — Organizations: weill, Dow Jones, CNBC Pro, Trump, Caterpillar, Steelmakers Steel Dynamics, JPMorgan, Citizens Financial, Prudential, Republican, Bank of America . Semiconductor, Micron Technology, Arista Networks, Deutsche Bank, Coterra Energy, Bank of America, Citigroup Locations: Wells Fargo

Red Lobster is turning to millennial leadership to bring in younger guests, which the chain needs after closing more than 100 of its 640 restaurants earlier this year. Red Lobster has since emerged from bankruptcy, ushering in a new era for the once-major seafood chain. But the deal was costly for Red Lobster — the company lost $11 million from that promotion alone, according to court documents. Thai Union announced in January that it would begin a complete exit from Red Lobster. Now, Red Lobster is trying to balance keeping its loyal customers while trying to shake its stodgy image to attract younger ones.

Persons: who's, Adamolekun, Hottovy, Read, Jim Salera, Fortress, Caitlin Daniel, isn't Organizations: Fortress Investment, NBC, Stephens, Thai Union, Harvard University Locations: Placer.ai

☆ A "Game of Thrones" movie is reportedly in the works. It comes after a year of box office hits and misses for Warner Bros. Discovery.
▼ + stars: | 2024-11-01 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Multiple outlets reported, citing unnamed sources, that a "Game of Thrones" movie is in the works. Warner Bros. Martin first suggested a "Game of Thrones" movie to tie up the franchise in a 2014 interview with The Hollywood Reporter. They grossed $1.8 million at the box office, according to Box Office Mojo. Warner Bros. PicturesA "Harry Potter" TV series reboot was announced last year after the box office failure of the "Fantastic Beasts" spin-off series.

Persons: —, aren't, George R.R, Martin, David Benioff, Weiss, Arya Stark, Maisie Williams, Bran Stark, Isaac Hempstead Wright, Sansa Stark, Sophie Turner, HBO Matthias Frey, Shawn Robbins, Robbins, Max, Frey, David Zaslav, Harry Potter, Denis Villeneuve's, Matt Reeves, " Frey Organizations: HBO, Warner Bros, Service, Hollywood, Discovery, Business, Wall Street, Department of Media, Creative Industries, City , University of London, Thrones, Office, Warner Bros ., HBO Warner Bros, Variety

☆ Things aren't looking great at Gucci, and Kering says its Asia Pacific slump is to blame
▼ + stars: | 2024-10-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Gucci had a challenging third quarter partly due to its Asia Pacific slump, per Kering's latest earnings call. AdvertisementGucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. According to a third-quarter revenue infographic by Kering, sales in the Asia Pacific region were down 38% compared to the previous year. According to Kering, Gucci saw a 7% increase in sales in Japan in the third quarter compared to the start of 2024. AdvertisementApart from Gucci, Kering's other brand, Yves Saint Laurent, also suffered a loss.

Persons: Gucci, It's, —, Henri Pinault, James Grzinic, LVMH, Kering, Amrita Banta, Yves Saint Laurent, Stefano Cantino, Cantino Organizations: Service, Gucci, RBC, Reuters, mojo, Jefferies, Research, Strategy, Business Insider Locations: Asia, China, Asia Pacific, Japan, Europe

☆ Nike vs. Lululemon: Pairs trading explained and how to execute one with options
▼ + stars: | 2024-10-24 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Pairs trading is a market-neutral trading strategy that involves simultaneously buying one asset, such as a stock, and selling another related asset. We will review a pairs trade candidate and how to execute it with options. The idea with pairs trading is that, from time to time or over time, there may be a divergence or spread in their prices. Alternatively, another form of pairs trading takes a longer-term and more fundamental perspective. Nike vs. Lululemon Well-known athletic apparel companies Nike (NKE) and Lululemon Athletica (LULU) aren't direct competitors.

Persons: Jim Simons, shorting, Lululemon Athletica, LULU, aren't, Michael Jordan, Tiger Woods, Serena Williams, Lulu, DK Metcalf, Jordan Clarkson, Leylah Fernandez, Lululemon, Lulu hedged Organizations: Ford, General Motors, Technologies, Nike, Seattle Seahawks, NBA, LULU, Lululemon, mojo, CNBC, NBC UNIVERSAL Locations: Lulu

☆ 'Spider-Man 4' has billion-dollar shoes to fill, and Tom Holland has some reservations
▼ + stars: | 2024-10-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Tom Holland said that the "Spider-Man 4" script "needs work." AdvertisementTom Holland, the star of "Spider-Man 4," has some reservations about the movie so far. In a recent interview he said a draft script he read "needs work" before Marvel Studios and Sony can start filming. AdvertisementHolland said: "It needs work, but the writers are doing a great job. Related storiesThe previous movie, "Spider-Man: No Way Home," earned $1.9 billion according to Box Office Mojo, setting big expectations for its sequel.

Persons: Tom Holland, Zendaya, —, Holland, Tobey Maguire, Andrew Garfield, Peter Parker, we're Organizations: Service, Marvel Studios, Sony, Office Mojo, Marvel

☆ Kristen Bell says her kids aren't 'Frozen' fans, but like that it'll pay for their college
▼ + stars: | 2024-10-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Kristen Bell, who played Anna in the "Frozen" movies, said her kids don't like them. "Frozen" and "Frozen 2" both made more than $1 billion, among the most successful animations ever. AdvertisementKristen Bell says her kids don't like the "Frozen" movies, but know they are what will fund them through college. The star, who recently appeared in Netflix's "Nobody Wants This," didn't say how much she was paid for "Frozen" and "Frozen 2." It was beaten by two other Disney movies: 2019's "The Lion King," which made $1.

Persons: Kristen Bell, Anna, —, Bell, Arendelle, Dax Shepherd, they're, Disney, King Organizations: Service, Office Mojo, Disney

☆ Taylor Swift shook off publishers for her new book. That could spell trouble for the rest of the industry.
▼ + stars: | 2024-10-17 | by ( Samantha Grindell | Madeline Berg | ) www.businessinsider.com time to read: +11 min

Taylor Swift is self-publishing "The Eras Tour Book" and releasing it exclusively at Target. By excluding traditional publishers, Swift ensured she would get more of the book's revenue. With her latest announcement, the singer is back to her business-disrupting playbook with "Taylor Swift | The Eras Tour Book." AdvertisementIn what most closely resembles her book deal, Swift self-produced last year's "Taylor Swift: The Eras Tour" film. "Obviously, Taylor Swift is sort of a case under herself for this stuff in terms of just her reach," Hane said.

Persons: Taylor Swift, Swift, —, she's, it's, Clayton Durant, Simon &, Erik Hane, they're, It's, Ashok Kumar, Courtney Maum, Jessica Maddox, Gareth Cattermole, Maddox, Hane, Vittorio Zunino Celotto, Durant, vinyls, Taylor, John Shearer, Beyoncé, Paul Dergarabedian Organizations: Target, Service, Taylor Swift Publications, Nation School of Music, Sports, Entertainment, Simon & Schuster, Macmillan, HarperCollins, Hachette —, Literary, University of Alabama, Department, Universal Music, Big, Bloomberg, Poets Department, AMC, Mojo, Disney Locations: Long, Target, London, TikTok, Milan

Uber discussed a bid for the $20 billion travel booking company Expedia , CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. Expedia is familiar territory for Uber CEO Dara Khosrowshahi, who previously served as CEO of the travel group from 2005 to 2017. Expedia reported $28.8 billion total gross bookings in its second-quarter results in August. An acquisition of Expedia would be a "‘major strategic home run" for Uber, Dan Ives, Wedbush Securities managing partner, told CNBC's "Squawk Box" on Thursday. "I think they're going to be on the hunt for M&A."

Persons: Uber, Dara Khosrowshahi, Khosrowshahi, Expedia, Dan Ives, CNBC's, they're, Ives Organizations: CNBC, Financial Times, Wedbush Securities

☆ Aaron Pierre and Kyle Chandler will lead HBO's 'Lanterns,' over a decade after Ryan Reynolds' widely panned 'Green Lantern.' Here's what to know.
▼ + stars: | 2024-10-10 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

HBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the "Lanterns" TV show. The series will be the first major "Green Lantern" project since Ryan Reynolds' widely panned movie. AdvertisementHBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the upcoming "Lanterns" TV show — the first major "Green Lantern" project since Ryan Reynolds' widely panned 2011 movie. In the comics, the Green Lantern Corps is an intergalactic police force, with each Lantern working to keep the peace across the universe. Related storiesAaron Pierre and Kyle Chandler play John Stewart and Hal Jordan, respectivelyAaron Pierre and Kyle Chandler will star in "Lanterns."

Persons: Aaron Pierre, Kyle Chandler, John Stewart, Hal Jordan, Ryan Reynolds, —, Reynolds, Zack Snyder's, Greg Berlanti, HBO Max, James Gunn, Peter Safran, Gunn, Safran, Green, Jesse Grant, Jon Kopaloff, Chandler, Jordan, 1grFjppkQe — James Gunn, Nathan Fillion, Guy Gardner, Pierre Organizations: HBO, DC Studios, Service, Green, Corps, Office Mojo, Warner Bros, DC, DCU, Hollywood, Green Lantern Corps Locations: American

☆ The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
▼ + stars: | 2024-10-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.

Persons: —, JD Vance, Tim Walz, BI's Brent D, Griffiths, Amir Cohen, Hurricane Helene, it's, Tyler, Paul Podolsky, Kate Capital, Samantha Lee Musk, Jenny Chang, Rodriguez Hey Airbnb, Gen Z, somethings, Critics —, Amazon's, Nicholas Bloom, Eric Adams, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Midwest Nice, REUTERS, US Navy, Bank of America, Northwestern Energy, Bridgewater Associates, Samantha Lee Musk &, mojo, DOJ, Google, BI, Amazon, Stanford, New York City Locations: Israel, Iran, Saudi Arabia, States, Bridgewater, China, Yale, New York, London

☆ Tesla Q3 deliveries preview: Wall Street expects a beat as Musk & Co. get their 'mojo' back
▼ + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Tesla's third-quarter vehicle deliveries are expected to exceed Wall Street estimates. AdvertisementTesla's upcoming third-quarter vehicle deliveries report should impress investors, according to Wall Street experts. Tesla stock has been on a wild ride this year. AdvertisementBarclays: 'Concerns on fundamentals have dissipated'Barclays analyst Dan Levy is expecting Tesla to report solid vehicle deliveries later this week, according to a recent note. Levy said that thanks to expected strength in Tesla's China business, the company will announce third-quarter vehicle deliveries of 470,000, ahead of Wall Street estimates.

Persons: —, Goldman Sachs, Tesla, Dan Levy, Levy, Mark Delaney, Delaney, Dan Ives, Ives Organizations: Barclays, Service Locations: China, flattish, Europe

☆ NFL Power Rankings Week 5: Believing in the Vikings and rookie check-in
▼ + stars: | 2024-10-01 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

In honor of Jayden Daniels’ historic start to his NFL career, the Power Rankings are checking in on rookies this week. Last week: 4Sunday: Beat Green Bay Packers 31-29The Vikings are having the NFL’s most surprising season without much help from their rookie class. Veteran wide receiver Rashee Rice is expected to miss the rest of the season after suffering a knee injury against the Chargers. Second-round wide receiver Ladd McConkey had a career-high 67 yards Sunday and leads the team with 173 receiving yards. Fourth-round tight end Erick All has been a surprise with 12 catches, but third-round wide receiver Jermaine Burton has been a disappointment.

Persons: Jayden Daniels, Daniels, Caleb Williams, they’ve, we’ve, J.J, McCarthy, Sam Darnold, Dallas Turner, Xavier Worthy, Rashee Rice, Worthy, Kingsley Suamataia, Roger Rosengarten, Derrick Henry, Henry, Keon Coleman, it’s, Coleman, James Cook, Terrion Arnold, Ennis Rakestraw, Arnold, Rakestraw, Jared Goff, Patrick Breen, Kamari Lassiter, Nico Collins, Byron Murphy, Geno Smith, Smith, Graham Barton, Bucky Irving, Irving, Mike Evans, Mason McCormick, Troy Fautanu, Zach Frazier, Justin Fields, Dominick Puni, Darren Yamashita, Puni, that’s, Ricky Pearsall, Jim Harbaugh, Joe Alt, Ladd McConkey, Javon Bullard, Bullard, Jordan Morgan, Edgerrin Cooper —, — Luke Musgrave, Tucker Kraft, Jayden Reed, Dontayvion Wicks, Love, mettle, DeMarcus Lawrence, Kneeland, Tyler Guyton, Cooper Beebe, Michael Penix Jr, hasn’t, Kirk Cousins, Ruke Orhorhoro, Brandon Dorlus, Bralen Trice, JD Bertrand, he’s, Taliese Fuaga, Aid McKinstry, Khristian Boyd, Weeks, Laiatu Latu hasn’t, Adonai Mitchell, Joe Flacco, Anthony Richardson, Anthony Richardson's, gam, Ang, e nt, No, Wil l iams: He, lea, dou, Tre, Ben, Lo, Bea, Caro, tigh, carr, rs does, ron, Nix, Eli M ann i, Fran, abou, Dalt, Andy Dalt, ake, Will Levi, Gian, Smit, Garr, Thom, Pede, arn Organizations: NFL, Washington, Green Bay Packers, Vikings, New York Jets, Chiefs, Los Angeles Chargers, Chargers, Veteran, New, New Orleans Saints, Beat Buffalo Bills, Bills, Ravens, 33rd, Cincinnati Bengals, Buffalo Bills, Baltimore Ravens, Buffalo, Houston Texans, Beat Seattle Seahawks, Lions, Ennis, The, USA, Beat Arizona Cardinals, Cleveland Browns, Beat Jacksonville Jaguars, Texans, Jaguars, Seattle Seahawks, Detroit Lions, Seahawks, New York Giants, Beat Philadelphia Eagles, Bucs, Tampa Bay’s, Atlanta Falcons, mojo, Indianapolis Colts, Steelers, South Dakota State, Colts, Dallas Cowboys, 49ers, New England Patriots, Central, Patriots, 33rd Team, Arizona Cardinals, Kansas City Chiefs, Minnesota Vikings, Packers, Los Angeles Rams, Beat New York Giants, Dallas, Pittsburgh Steelers, Beat New Orleans Saints, The Falcons, Tampa Bay Buccaneers, Aid, Beat Pittsburgh Steelers, Jacksonville Jaguars, Cal, Wil, pla, ims, unt, Sund, Jets, erc, ork Jets, acc, ard, lse Locations: Kansas, New Orleans, The Republic, Tampa, Central Missouri, Atlanta, Indianapolis

☆ 'Hellboy: The Crooked Man' has a gross transformation scene. It took 'a lot of rubber and a lot of lube' to make it work, the director said.
▼ + stars: | 2024-09-27 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

"Hellboy: The Crooked Man" is the character's latest reboot. Director Brian Taylor told Business Insider the scene needed "a lot of rubber and a lot of lube." Director Brian Taylor told Business Insider that he used "a lot of rubber and a lot of lube" to get it right. AdvertisementInstead, "Hellboy: The Crooked Man" takes a welcome, back-to-basics approach and leans closer to the horror genre than action and fantasy. Icon Film Distribution presents "Hellboy: The Crooked Man" in UK cinemas from 27 September.

Persons: Brian Taylor, —, Mike Mignola, Richard Corben, Jack Kesy, Martin Bassindale, Hellboy, David Harbour, Cora Fisher, Hannah Margetson, Fisher, Clive Barker, Taylor, Margetson Organizations: Business, Service, Millennium Media, Office

☆ I tried to retire twice, once at 40 and again at 62. But I like working with people too much.
▼ + stars: | 2024-09-24 | by ( Gary Nunn | ) www.businessinsider.com time to read: +5 min

Twice in my life, I've attempted to retire, and both times, I've been tempted back into full-time work. Both my husband and I had done very well in our jobs, so I was fortunate enough to be able to retire early. By the age of 40, I'd worked my way to the top as a financial planner. AdvertisementDuring my second attempt at retirement, I realized how much I loved working with clientsThen, I really lost my mojo for work. While this adventure was exhilarating, I ultimately realized I missed being at home near loved ones and, most of all, working with clients.

Persons: —, Chris Childs, I've, I'd, We'd, wasn't, I'm, David, He'd Organizations: Service, Business, mojo Locations: Australia, Italy, France, England

☆ Ryan Reynolds credits his business success to 1 skill: It's a 'precious commodity' in any job, expert says
▼ + stars: | 2024-09-20 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Ryan Reynolds' storytelling abilities aren't just a quirky element of his public persona — they're the bedrock foundation of his success across multiple industries, he says. The movie's budget didn't leave much room for marketing, so Reynolds shouldered some of the load himself, filming and posting comedic advertisements on social media. Multiple of Reynolds' posts went viral, and "Deadpool" grossed $782.6 million in box office sales against a $58 million budget, according to IMDB-owned Box Office Mojo. Mint Mobile's parent company, Ka'ena Corporation, was similarly purchased for up to $1.35 billion by T-Mobile last year. "Reynolds will continue in his creative role on behalf of Mint," T-Mobile said at the time.

Persons: Ryan Reynolds, aren't, —, Reynolds, Kraft, Mint Organizations: Fast, Mojo, Mint Mobile, Aviation, Diageo, Kraft Heinz, Ka'ena Corporation, Mobile, Mint

☆ Vince Vaughn Turned This Interview Into Self-Help
▼ + stars: | 2024-08-03 | by ( David Marchese | ) www.nytimes.com time to read: +1 min

But as good as Vaughn can be with darker characters, I never connected those parts to the man who played them. Ahead of our interview, I made the perhaps-common journalist’s mistake of expecting to talk with someone akin to the playfully glib guy from those comedies I love. (That’s in no small part thanks to how Vaughn’s role as a world-weary, wiseass former detective in the new Apple TV+ series “Bad Monkey” scans as a mature update of his comedic persona.) But what I was expecting from Vaughn wasn’t what I got. Instead, I found someone more provocative and earnest, who came most alive when he put me under the conversational microscope.

Persons: Vaughn, ”, Craig Zahler, ” “, Vaughn wasn’t Organizations: Spotify, YouTube, Amazon, Apple

☆ Marvel reclaims its mojo with ‘Deadpool & Wolverine’ and the return of Robert Downey Jr.
▼ + stars: | 2024-07-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

“Deadpool & Wolverine” clawed through initial analyst expectations, delivering a monster $211 million jolt to the domestic box office. The film’s massive success pushed Marvel past the $30 billion mark at the global office, making it the highest-grossing franchise of all-time. Meanwhile, the box office success coincided with the Disney-owned studio making buzzy announcements at Comic-Con. And, in a stunning announcement, Robert Downey Jr. emerged onstage as Marvel unveiled the one-time “Iron Man” actor as the franchise’s next big supervillain, Doctor Doom. But what happens when Marvel doesn’t have the Russo Brothers and Downey Jr. to lean on?

Persons: Deadpool, Russo, Robert Downey Jr, Doom, Marvel, “ Loki, ” Ryan Reynolds, Wolverine, Downey, Bob Iger’s, It’s, Marvel doesn’t Organizations: New, New York CNN, Marvel, Marvel Studios, Disney, Russo Brothers, Bob Iger’s Magic Locations: New York

☆ 'Deadpool & Wolverine' had the biggest opening weekend ever for an R-rated movie. Here are the other titles that make up the top 15 earners.
▼ + stars: | 2024-07-29 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

These are the top 15 biggest domestic opening weekends ever for R-rated movies. "Deadpool & Wolverine" earned $211 million its opening weekend, surpassing the debut of the original "Deadpool." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Deadpool & Wolverine" joined the previous two movies in Ryan Reynolds' superhero franchise on the list of the biggest R-rated movie debuts ever. This story is available exclusively to Business Insider subscribers.

Persons: —, Deadpool, Ryan Reynolds Organizations: Office, Service, Marvel, Business

☆ The 15 highest-grossing animated movies of all time
▼ + stars: | 2024-07-25 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

These are the 15 highest-grossing animated feature films of all time. The list is compiled from Box Office Mojo without adjusting for inflation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAnimated movies have always been big box office earners. From Disney classics like "The Lion King" to a slew of Pixar titles, animated movies have wide appeal, often making ideal outings for the whole family.

Persons: —, Mario Organizations: Service, Disney, Pixar, Mario Bros, Business

☆ Tesla earnings were tough, but the 'mojo is back' as AI to power the next phase of growth, Wedbush's Dan Ives says
▼ + stars: | 2024-07-24 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Tesla reported downbeat earnings, but Dan Ives still see the stock hitting $300 a share. Tesla's AI-powered Robotaxi will be the start of huge growth for the carmaker, Ives says. Tesla stock tumbled roughly 12% Wednesday morning, to trade at about $218 a share, as earnings showed its auto business took a big hit in the second quarter. During Tuesday's earnings call, Musk announced Tesla's Robotaxi rollout has been delayed to October 10th, months after the initial reveal date in early August. Advertisement"The next phase of the Tesla growth story is around autonomous, Robotaxis, and AI playing out," Ives wrote in a note on Wednesday.

Persons: Tesla, Dan Ives, Ives, —, there's, Tesla's, Musk Organizations: Service, Wedbush Securities, Bank of America

☆ 'Twilight' put Forks, WA, on the map. Now, local residents want to put an end to the 'vampire tourism' boom.
▼ + stars: | 2024-07-20 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

However, not all residents of Forks' roughly 3,400-strong population are happy about the attention their hometown is getting, with some locals hitting out at "vampire tourism," The Times of London reported. "I work at the local school — which the Twilight characters 'went to' — and they'd be out there, crying about how much they loved this vampire guy." At the height of the "Twilight" hysteria, Forks wasted no time in embracing its new fame, with new "Twilight" tours showing off famous locations from the films. AdvertisementMeyer chose to set "Twilight" in Forks after searching Google for the place with the highest rainfall levels in the US. The spot provided the perfect setting for her vampire characters, who mustn't be exposed to sunlight, so they could go about their lives without being detected by humans.

Persons: —, Stephanie Meyer's, Forks, Leslie Graham, Dora Maxfield, they'd, Maxfield, Christina Horsten, Robert Pattinson, Kristen Stewart, Lissy Andros, Andros, Meyer Organizations: Service, Business, Information Center, Times, Getty, Publishers, Office Mojo, Google Locations: Washington, Forks, London, Forks , Washington, Oregon, Canada, Texas

☆ U.S. crude oil rises for third day, tops $83 per barrel after inflation eases, inventories fall
▼ + stars: | 2024-07-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. crude oil rose 1 % on Friday, topping $83 per barrel as consumer prices eased and inventories fall. The recent oil rally has stalled out with West Texas Intermediate largely flat this week, ahead 0.38%, after booking four-straight weeks of gains. U.S. crude oil and gasoline inventories also fell for the week ended July 5, in a sign that summer fuel demand may be finding some life. OPEC and the International Energy Agency once again sent conflicting demand signals. JPMorgan sees a global oil demand gain of 1.4 million bpd this year.

Persons: John Evans, Brent, Natasha Kaneva, Kaneva Organizations: West Texas, Reserve, JPMorgan, International Energy Agency, Colorado State University Locations: China, Gulf, Hurricane

☆ A low-cost way to bet on the Tesla comeback using options
▼ + stars: | 2024-07-05 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

I believe Tesla (TSLA) remains one of the purest AI plays available to investors and has even more room to go higher as shorts cover their positions and investor enthusiasm reignites. The recent surge in TSLA's stock price has changed sentiment as Tesla seemingly has regained its mojo. Another key milestone event lays ahead at the August robotaxi event. However, I do have concerns that the robotaxi event could disappoint and I suggest traders to manage any and all Tesla risk prior to that event. Also, I chose an end of July expiration date for this spread which is about a week before the much anticipated robotaxi event.

Persons: reignites, Elon Musk, Tesla, TSLA Organizations: mojo, Tesla, CNBC, NBC UNIVERSAL Locations: China

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