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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJerry Seinfeld doesn't care that "Unfrosted," his directorial debut, got terrible reviews. I think it's funny that you hated it because you wanted to laugh and you didn't laugh." "Unfrosted" follows a handful of successful recent movies about the creation of popular products, including "Steve Jobs," "The Social Network," and "Tetris." Even though it failed to make waves, Netflix didn't lose as much money on "Unfrosted" as it could have.
Persons: , Jerry Seinfeld, Bob Cabana, Melissa McCarthy, Hugh Grant, James Marsden, Bari Weiss, Seinfeld, he's, Steve Jobs, Mattel, Netflix didn't, would've, Glen Powell, Tom Cruise Organizations: Service, Rotten, Business, Social Network, Netflix Locations: California
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewThere's a great blend of scripted and unscripted content to watch this weekend. If you're looking for something more comedic, "We Are Lady Parts" is also back for season two. This story is available exclusively to Business Insider subscribers. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: , Eric, Benedict Cumberbatch, Gaby Hoffmann, Jeremy Renner's Organizations: Service, Business Locations: Kingstown
TikTok and social media star Miranda Derrick (née Wilking) is at the center of the story. She and her younger sister, Melanie Wilking, are both dancers who previously branded themselves together as The Wilking Sisters. However, Miranda became involved with 7M via her boyfriend, James Derrick — and her family says in the series, distanced herself from her. Here's where Miranda Derrick is today. "Miranda Derrick is a successful businesswoman and a loving wife and daughter who cares very much about her family.
Persons: , Robert Shinn, Miranda Derrick, née, Melanie Wilking, Miranda, James Derrick —, Here's, Melanie, Dean, Kelly, James, BDash, Derrick, videographer Isaiah Shinn, Robert Shinn's, Aubrey Fisher, Robert, Miranda didn't, Miranda's, Instagram, I've, we've, Isaiah Shinn, Robert's, Jake Gyllenhaal Organizations: Service, Netflix, Shekinah, Business, 7M, Instagram, YouTube, UFC Locations: Los Angeles, Detroit
Mr. Met poses before the game between the Chicago Cubs and the New York Mets at Citi Field. To that end, the Mets will be working on development, production and distribution with Range Sports, a division of entertainment management firm Range Media Partners. Mets owner and hedge fund manager Steve Cohen is a minority investor in Range through his Point72 Ventures fund. The Mets will be focused on a variety of content, Havens said, from players talking about fashion or what they do in the offseason to storytelling around the culture of Mets fans. "That opens up a bunch of new opportunities to engage Mets fans and non-Mets fans," Havens said.
Persons: it's, Steve Cohen, John Malone's Liberty, David Bonderman, Scott Havens, Havens, Pete Alonso, Jorge Lopez, Will Funk, Greg Luckman, Bradley Cooper, Jack Harlow, Brock Purdy, LIV, WWE's, Cohen Organizations: Chicago Cubs, New York Mets, Citi Field, The New York Mets, Major League Baseball, NBA, NFL, Mets, Sports, Range Media Partners, Point72 Ventures, John, John Malone's Liberty Global, TPG, Business, Bloomberg Media, San Francisco 49ers, CW, LIV Golf, ACC football, WWE's NXT Locations: Queens , New York
But the tech giant's play underscores the market's demand for tech talent — and venture capitalists expect a wave of "acquihires" to hit the AI ecosystem later this year. M&A dealmaking among AI startups is already off to a strong start this year, with 55 exits recorded in Q1 of 2024, per Crunchbase data. AdvertisementThe majority of AI startups are overpriced, said Konstantin Vinogradov, general partner at Runa Capital. AI startups with revenue in the single-digit millions that raised money at unicorn valuations, Dash said, might not even have that option. Those deals don't make sense for buyers, he said, which could lead Big Tech companies or other AI startups to poach their talent instead.
Persons: , Inflection's, Ayangar, Konstantin Vinogradov, Somesh Dash, overshadowing, Shmuel Chafets, Sivesh Sivakumar, Shaun Johnson, Naveen Rao, Sivakumar, Johnson, PhotoRoom, Aravind Srinivas, Mike Smeed, Chafets, Dash, they'll Organizations: Service, Microsoft, Business, Investors, Runa, Big Tech, Apple, Target, Ventures, Accenture, Boston Consulting Group, Intuit, Nike, American Express, Safeway, InMotion Ventures, Disney, Netflix Locations: OpenOcean, Snowflake, Databricks
YouTube launched a free gaming platform, called Playables, with over 75 games. Playables includes popular mobile titles like "Angry Birds" and "Cut the Rope." Netflix also launched a gaming platform in 2021 focused on mobile games. It's now an actual gaming platform that lets you play dozens of popular games — for free. YouTube launched its new gaming platform, called "Playables," earlier this week, making over 75 games free to play.
Persons: Organizations: YouTube, Netflix, Service
But I was really a kid when I wasn't on set," Hoffmann tells Business Insider. To have a partner in crime, saying, 'We don't really know what we're doing. On the paternal energy on the 'Field of Dreams' set and working with child actors as an adultHoffmann played Kevin Costner's daughter in "Field of Dreams." Christina and I met and we became really, really, really close. And after a decade of feeling like I didn't know what the hell I was doing, that was such a profound relief.
Persons: Gaby Hoffmann, , Hoffmann, Warhol, Viva, Anthony Herrera, Kevin Costner's, Uncle Buck, Macaulay Culkin, Michael Cera, Adam Driver's, Lena Dunham's, Eric, Vincent, Benedict Cumberbatch, Cassie, Edgar disappears, Eric whom he's, Edgar, Cumberbatch, Ray Liotta, Christina Ricci, Ivan Morris Howe, Ivan —, isn't, they're, Ivan, Benedict, Ray, Amy Madigan, Kevin Costner, We'll, Ashleigh Aston Moore, Thora Birch, You've, Christina, Lesli Linka Glatter, Demi Moore, you've, I, I've, I'd, Sebastián Silva Organizations: Chelsea Hotel, Business, Sundance, Lena Dunham's HBO, Netflix, Hollywood, New York Times Locations: Hollywood
Ted Farnsworth is the former CEO of Helios and Matheson Analytics, which previously was the parent company of MoviePass. The documentary "MoviePass, MovieCrash" shows how he blew through hundreds of millions of dollars. He and former MoviePass CEO Mitch Lowe are awaiting trial on charges of securities fraud. AdvertisementIn the new HBO documentary "MoviePass, MovieCrash," Ted Farnsworth is the CEO of the publicly traded Helios and Matheson Analytics (HMNY) when the company takes a majority stake in the movie-theater-subscription startup MoviePass in 2017. Under Farnsworth's watch, MoviePass became a sensation after he and then-CEO Mitch Lowe dropped the monthly subscription fee from $30 a month to $10.
Persons: Ted Farnsworth, Helios, Matheson, Mitch Lowe, , MoviePass, Farnsworth, Lowe Organizations: Matheson Analytics, Service, HBO, Netflix, Business
But perhaps Pepsi's most memorable disaster (in the US, anyway) was when it was nearly forced to buy a McDonnell Douglas AV-8B Harrier II fighter jet for one of its consumers. He never got it, but the memory of his attempt has long outlived the Pepsi Points campaign. A pile of Liquid Death cans at a festival. All you need to do is visit the giveaway site and start a text chain, buy a Liquid Death product from a physical store, and text a photo of the receipt. The company swears entrants to the jet contest will not have to take them to court to get the prize.
Persons: Kendall Jenner, McDonnell Douglas, Douglas, Jerod Harris, John Leonard, that's, it's, Joseph Okpako, Andy Pearson, Liquid, Adweek Organizations: Service, PepsiCo, Pepsi, McDonnell, Getty, Netflix, Pepsi Points, Warsaw Pact, Albatros Locations: America, Philippines, Czech, Los Angeles, Czechoslovakia, Warsaw
Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it's sticking with its outperform rating on the stock. " Argus upgrades Berkshire Hathaway to buy from hold Argus said it's getting bullish on shares of Warren Buffett's multinational conglomerate. UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. Bank of America reiterates Apple as buy Bank of America said it's bullish on top pick Apple and its entry into iPhones with AI. Bank of America reiterates Dell as buy Bank of America raised its price target on Dell to $180 per share from $130.
Persons: Bernstein, Berkshire Hathaway, Argus, it's, Fluence, LBRT, Jefferies, TD Cowen, Medpace, Cowen, Morgan Stanley, JPMorgan, Wells, Baird, MM120, Truist, Dell, Jack Hartung, Cindy Olsen Organizations: Nvidia, Argus, Warren, UBS, Citi, Liberty Energy, United Airlines, Airlines, American Airlines, " Bank of America, Apple, Bank of America, Netflix, Disney, RBC, Eldorado, Eldorado Gold, BTC, Citi downgrades Bank, JPMorgan, Mind, of America, Norwegian Cruise Line Holdings, Dell, Field Locations: Berkshire, U.S, OFS, United, El Paso, Parks, F4Q, CAVA, Chicago
Leslye Headland has been telling “Star Wars” stories onscreen since she was a teenager. Ostracized at school for being different, she retreated inward, making stop-motion films starring her action figures. So when she found success as an adult in Hollywood — Headland helped create “Russian Doll,” the 2019 Netflix comedy starring Natasha Lyonne — and got the chance to create an actual “Star Wars” show, it was the realization of a lifelong dream. “I essentially cold-called Lucasfilm and, after a lot of conversations, found myself pitching a show — utterly elated, my ultimate career goal, the culmination of my fandom,” Headland said. I had never done anything this big before.”Headland’s show, “The Acolyte,” will debut on Disney+ on June 4.
Persons: Headland, Hollywood — Headland, Natasha Lyonne —, ” Headland, , , Organizations: Netflix, Lucasfilm, Disney, Locations: Hollywood —
"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets said. South Park: The End of Obesity special released last week tackled the growing popularity of Ozempic and Mounjaro as Eric Cartman tries to get his hands on the hugely popular weight-loss drugs. Advertisement"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets President Brent Donnelly said. "South Park has a 20+ year history of capturing the cultural zeitgeist and it's impossible to argue that anything that is lampooned on South Park is not priced in," Donnelly said. But not all those featured on South Park saw their stock prices peak shortly thereafter, with Microsoft, Yelp, and Netflix bucking the trend.
Persons: , Eric Cartman, Brent Donnelly, Donnelly, Eli Lilly, shouldn't Organizations: Service, Spectra Markets, Novo Nordisk, Twitter, Starbucks, Walmart, Microsoft, Netflix
Nvidia is now a $2.8 trillion company, an eyewatering figure that places the graphics processing unit maker just behind Apple ($2.9 trillion) and Microsoft ($3.2 trillion) in the S & P 500. At the same time, however, more investors wonder if Nvidia is overvalued and they should start taking profits, especially as the broader market comes under pressure from higher Treasury yields. Nvidia has surged above its 50-day and 200-day moving averages, and it now boasts a price-to-earnings (P/E) ratio of 66. A move toward the upper band could mean the stock is overbought. Correction: A previous version of this article misstated the values of Nvidia, Apple and Microsoft.
Persons: Josh Brown, BTIG's Jonathan Krinsky, Krinsky, Wolfe, Rob Ginsberg, Ginsberg Organizations: Nvidia, Apple, Microsoft, Walmart, Netflix, Wealth, Bollinger
After expressing anxiety over other actors’ reluctance to star in the movie, Lopez brings up her spouse. Ben Affleck and Jennifer Lopez attend the 75th Annual Academy Awards at the Kodak Theater on March 23, 2003 in Hollywood, California. Now, with an album, film and documentary themed around their second act, Lopez has invited that scrutiny back again, despite her beloved’s obvious reluctance. “The Greatest Love Story Never Told” is swiftly becoming The Greatest Love Story Never Off Duty. Neither Lopez nor Affleck has addressed the current breakup rumors so far.
Persons: Holly Thomas, Katie Couric, Jennifer Lopez’s, Ben Affleck, Lopez, , Benny Medina, I’m, Affleck, I’ve, , Jennifer Lopez, Kevin Winter, Jenny, that’d, Ben, You’ve, Elaine Goldsmith, Thomas, Derek Hough, that’s, Icarus, Simu Liu, “ We’re, ” Affleck, We’re Organizations: Katie Couric Media, CNN, Kodak Theater, Netflix Locations: London, Hollywood , California, Bennifer, Las Vegas, Vegas
CNN —Weird, dark but compulsively watchable, “Eric” stars Benedict Cumberbatch and a hulking foul-mouthed puppet, not necessarily in that order. When Edgar abruptly goes missing, both parents blame Vincent, who becomes convinced his child’s drawings of an ogre-like puppet named Eric are somehow the key to finding him. As Vincent turns to self-medication to ease his anxiety and guilt, Eric appears to him, and him alone, ostensibly to help him locate the boy. Ivan Howe plays the missing child in Netflix's "Eric." Eric might need somebody to pull his strings, but give credit to “Eric” – especially considering the challenging nature of the concept – for so effectively tying those threads together.
Persons: “ Eric ”, Benedict Cumberbatch, Edgar, Ivan Howe, Vincent, Cumberbatch, , Cassie, Gaby Hoffmann, isn’t, Eric, Lennie, Dan Fogler, Abi Morgan, McKinley Belcher III, , hasn’t, Henry Sugar, Morgan, Eric ”, “ Eric ” – Organizations: CNN, Netflix, Locations: New York, Netflix's, Welsh, York
Check out the companies making headlines in midday trading: Abercrombie & Fitch — Shares popped 22% after the apparel retailer posted fiscal first-quarter sales that grew 22% from a year earlier. Netflix — Morgan Stanley reiterated its overweight rating on the streaming stock, leading shares 2% higher. According to the firm, Netflix can see strong double-digit revenue growth that should extend beyond the benefits it is seeing from its paid-sharing initiative. ConocoPhillips , Marathon Oil — The oil company slipped close to 4% in midday trading following news that ConocoPhillips is acquiring peer Marathon Oil in a $17 billion all-stock deal. Other stocks also tied to the government-run health insurance program, namely Molina Healthcare , Elevance Health and Humana , also slid during Wednesday's trading session.
Persons: Netflix — Morgan Stanley, Dick's, Marathon's, HubSpot, CNBC's David Faber, Chewy, — CNBC's Brian Evans, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: Abercrombie, Fitch, Netflix, American Airlines, Dick's, LSEG, ConocoPhillips, Marathon, Google, HubSpot, Energy, UBS, Insurance, — Insurance, Molina Healthcare, Elevance, Humana
Opinion | You Can’t Perform a Good Marriage
  + stars: | 2024-05-29 | by ( Jessica Grose | )   time to read: +1 min
I saw the new Netflix documentary series “Ashley Madison: Sex, Lies & Scandal,” anticipating just some prurient garbage to half-watch before drifting off to sleep. That’s because is a website for married people looking to find partners in infidelity — its tagline is “Life is short. The heart of the series comes from the couples who were affected. Though one couple that had an open marriage seemed unruffled by the invasion of privacy, two other families are featured that were devastated by the hack. One of those couples is Sam and Nia Rader, a Texas-based Christian vlogging couple who had gone viral a few times before the hack.
Persons: Ashley Madison, , Daniel Victor, Nia Rader, ” Sam Rader, “ vlogging, John Gibson, Christi Gibson Organizations: Netflix, YouTube, Disney Locations: Texas, Louisiana
Final Trades: Nvidia, GE Healthcare and Netflix
  + stars: | 2024-05-29 | by ( )   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Nvidia, GE Healthcare and NetflixThe Investment Committee gives you their top stocks to watch for the second half.
Organizations: Nvidia, GE Healthcare, Netflix
UBS upgrades Globant to buy from neutral UBS said it sees "demand stabilization" for the IT and software development company. Wedbush upgrades Airbnb to outperform from neutral Wedbush said investors should buy the dip in shares of Airbnb. Morgan Stanley reiterates CrowdStrike as a top pick Morgan Stanley raised its price target on the stock to $422 per share from $372. Morgan Stanley reiterates Microsoft and Meta as overweight Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is most under-owned and Meta the most over-owned. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley said the e-commerce giant has a "widening" competitive advantage. "
Persons: Melius, Truist, Mizuho, Hannifin, it's, Futu, Steve Steinour, Zach Wasserman, Huntington, NCLH, Wells, Morgan Stanley, CrowdStrike, Dell, John Donovan, JMP, Guggenheim Organizations: Nvidia, Parker, Mizuho, Argus, UBS, JPMorgan, NASDAQ, 38ppt, " Bank of America, Bank of America, RBC, Netflix, &, Deutsche Bank, Deutsche, Citi, DuPont, Department of Justice, TAM, Guggenheim, Microsoft, Meta, Apple Locations: Asia, Airbnb, ZS, China
CNN —Over two years ago, a 40-minute-long public plea made on Instagram Live rippled across social media. Melanie and Miranda had performed together as the Wilking Sisters, but the family said Derrick had disappeared from their lives. Until then, it’s unlikely that Derrick’s millions of followers would have noticed anything amiss, based on her social media accounts. Melanie Wilking and Miranda Derrick (formerly Wilking) built up a following together on social media platforms including YouTube and TikTok as the Wilking Sisters. They have maintained through social media posts that Miranda's issues with her family are a personal dispute.
Persons: Melanie Wilking, Miranda —, Miranda Derrick —, Melanie, Miranda, Derrick, James Derrick, Ellen DeGeneres, Miranda Derrick, James " BDash, Robert Shinn —, Kevin “ Konkrete ” Davis, BDash, Aubrey Fisher, Kylie Douglas, Davis, Fisher, Douglas, Instagram, Shinn, , Isaiah Shinn, , Hannah, , Derek Doneen, we’d, Priscylla Lee, Priscylla, Leigh, Melanie Lee, Jessica Acevedo, — Priscylla, Lee, ” BDash, it’s, Robert, Hannah Shinn, James, Matt Winkelmeyer, ” Shinn “, ” Doneen, you’re, God ”, Amy Carlson, Max, God, LHW, Jane Schoenbrun, Caleb Organizations: CNN, YouTube, Netflix, 7M Films, 7M, Internet, Shekinah Church, The Recording, Warner Bros ., Blair, The New York Times Locations: Los Angeles, TikTok, Shekinah, Korean
Calls of the Day: Live Nation and Netflix
  + stars: | 2024-05-28 | by ( )   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: Live Nation and NetflixThe Investment Committee breaks down the latest Calls of the Day on Live Nation and Netflix.
Organizations: Netflix, Committee
That’s not too surprising coming from Nicholls, whose 2009 novel “One Day” explored many of the same themes. It was the most enjoyable writing experience I’ve had for a long time. While hiking the coast-to-coast walk in England, author David Nicholls encountered some torrentially rainy days. I wanted the book to be partly about the comedy of miscommunication — the things we don’t say or the things we say and regret. You say you wanted the book to be in part about miscommunications and what ifs.
Persons: Marnie, Michael, David Nicholls ’, Cleo, That’s, Nicholls, , Anne Hathaway, Jim Sturgess, ” Michael, HarperCollins Marnie, , that’s, I’ve, it’s, David Nicholls, David Nicholls I’m, you’re, Dexter, Emma, there’s, I’d, , else’s, It’s, Leo Woodall, Ambika Mod, Ludovic Robert, Ambika, Leo, Woodall, we’d, There’s, they’ll Organizations: CNN, New York Times, Netflix, HarperCollins, Dales Locations: York, England’s, London, romcoms, England
The in-house AI chip efforts have yet to make a major dent in Nvidia's grip on the market. 'Parity with CUDA'Internally at Amazon, Nvidia's CUDA platform is repeatedly cited as the biggest roadblock for the AI chip initiative. AdvertisementAn obvious response to this would be to have cloud customers use Amazon's own AI chips instead. AdvertisementFor example, AWS's AI chips still have "compatibility gaps" in certain open-source frameworks, making Nvidia GPUs a more popular option. Don't count Amazon outDespite Amazon's AI chip struggles, the effort seems to have caught the attention of Nvidia's CEO Jensen Huang.
Persons: , Bernstein, Stacy Rasgon, I'm, Rasgon, Adam Selipsky, Jensen Huang, Andy Jassy, Inferentia, Trainium, We're, Snowflake's, Sridhar Ramaswamy, Eóin Noonan, Ramaswamy, James Hamilton, Jassy, Gartner, Amazon's, Huang Organizations: Service, Microsoft, Google, Business, Nvidia, Intel, Amazon, BI, Annapurna, NVIDIA CUDA, Netflix, Neuron, AWS, Amazon VP, James Hamilton Amazon, Amazon SVP Locations: Inferentia, Toronto, Canada, CUDA
Bank of America found that nine of 10 stocks on its list are tied to the AI boom. Buying AI," Bank of America strategists led by Savita Subramanian said in a note. "AI stocks are now core holdings." Meta Platforms , Uber Technologies , Netflix and ServiceNow also experienced a rise in popularity among active fund managers, according to Bank of America. The Wall Street firm said the change in fund managers' ownership has been positively correlated with the number of "AI" mentions on earnings calls.
Persons: Eli Lilly, Savita Subramanian, ServiceNow Organizations: Bank of, Bank of America, Broadcom, Arista Networks, Applied Materials, Nvidia, Microsoft, Uber Technologies, Netflix Locations: U.S
Rian Johnson is taking Benoit Blanc back to America in "Wake Up Dead Man." Daniel Craig as Benoit Blanc in "Knives Out." "Knives Out" is set in a quirky mansion in Massachusetts, while "Glass Onion" takes place on a Greek island owned by Edward Norton's egotistical billionaire, Miles Bron. Business Insider spoke to director Rian Johnson back in December 2022, and he revealed that "Wake Up Dead Man" will be set in the US. "I've got the premise, I've got the setting, I've got what the movie is in my head.
Persons: Rian Johnson, Benoit Blanc, Daniel Craig, Edward Norton's, Miles Bron, Johnson, he's, I've, It's Organizations: Netflix, Business, Writers Guild of America Locations: America, Massachusetts, Paris
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