Still from Apple’s “F1.”AppleLights out and away we go.”F1: The Movie” hasn’t even reached the checkered flag of its theatrical run, but it’s already Apple’s best film release ever.The film, distributed by Warner Bros. Discovery, zoomed past $293 million at the global box office over the weekend. This outpaced Ridley Scott’s “Napoleon,” which generated $221 million during its run in 2023, to become Apple’s highest-grossing theatrical release.The tech company has only sent a handful of films to cinemas with wide releases since delving into the media business in recent years. “Killers of the Flower Moon” tallied $158 million worldwide, “Fly…
Author: usaeverydaylife
Tesla — The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been feuding with President Donald Trump, who called the new party “ridiculous.” Uber Technologies — Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by 3% on the day. Monday’s gains put Uber up nearly 60% for the year. Royal Gold – The precious metal management company dropped more than 8% after agreeing to acquire Sandstorm Gold and Horizon Copper . Royal Gold is buying Sandstorm in an all-share transaction…
The Invesco QQQ ETF , which provides a way to invest in the Nasdaq-100 Index, confirmed a breakout to new all-time highs with last week’s close above the December and February peaks (~$539). The breakout is associated with renewed long-term momentum indicated by a whipsaw in the monthly MACD, marking a resumption of a multi-year secular uptrend. The breakout allows for a measured move projection of $602, which is approximately 9% above current levels as a reasonable objective looking out six-to-12 months. Since the April low, QQQ has outpaced SPY by approximately 7%, fueled by its heavier weighting in technology stocks…
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. leaves the stage after discussing the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, at the Department of Health and Human Services in Washington, D.C., U.S., April 16, 2025. Elizabeth Frantz | ReutersSeveral leading medical organizations on Monday filed a suit against the U.S. Department of Health and Human Services and its Secretary Robert F. Kennedy Jr., arguing that current policies on COVID-19 vaccine pose an imminent threat to public health.The plaintiffs, including the American Academy of Pediatrics, American College of Physicians, American Public…
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021.CNBCBlock CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely over Bluetooth mesh networks, with no internet, central servers, phone numbers or emails required.The Twitter co-founder announced Sunday that the beta version is live on TestFlight, with a full white paper available on GitHub.In a post on X Sunday Dorsey called it a personal experiment in…
BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group called Private Financing Solutions. The PFS unit is home to private credit manager HPS Investment Partners, which officially became part of BlackRock last week following the closure of the $12 billion acquisition . “Our specialized bricks-and-mortar expertise will be augmented by HPS’s ability to provide…
Disruptive space and defense tech company Voyager Technologies has quickly captured the eye of several Wall Street firms. Analysts from big-name firms, such JPMorgan and Morgan Stanley, initiated coverage of the stock this week with bullish ratings and price targets that suggest substantial upside ahead for the newly public company. Voyager is a risky but fruitful investment into a huge growth market, according to many analysts, who are counting on the company’s Starlab commercial space station as the ultimate upside opportunity for the firm. Voyager owns 67% of the Starlab joint venture, which is planned to replace the International Space…
U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025. Ken Cedeno | ReutersThe United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump revealed Monday.Trump, in a pair of Truth Social posts, shared screenshots of letters apparently sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung dictating the new tariff rates.Zoom In IconArrows pointing outwardsU.S. President, Donald Trump’s letter to President of the Republic of Korea.Donald Trump via Truth SocialZoom In IconArrows…
White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China.”Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China,” Navarro said in an interview on CNBC’s “Squawk on the Street.” “I mean it’s the longest-running soap opera in Silicon Valley.”CNBC has reached out to Apple for comment on Navarro’s criticism.President Donald Trump has in recent months ramped up demands for Apple to move production…
Avishek Das | SOPA Images | Lightrocket | Getty ImagesLithuania’s central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week.”We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the related consumer communication,” Bank of Lithuania spokesman Giedrius Šniukas told CNBC via email.”Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments. The information for investors must be provided in clear, fair, and non-misleading language.”The Bank…
