An AMC theater is pictured in Times Square in the Manhattan borough of New York City. Carlo Allegri | Reuters AMC Entertainment on Wednesday reported a fall in third-quarter revenue and saw a decline in attendance at its theater chain, hurt by fewer blockbuster releases from Hollywood studios. Shares of the Leawood, Kansas-based company fell over 5% in extended trading. Strikes by actors and writers last year forced filming and
Investing.com — Citi strategists encouraged investors to “buy US dollar dips tactically” in the wake of Donald Trump’s win in the elections. The bank expects the greenback to see further upside, especially against the euro (EUR) and Scandinavian currencies (Scandies), citing the recent underperformance of these currencies. Despite the uncertainty surrounding the House’s outcome, strategists note that the lack of ticket-splitting could suggest a “red wave” is more likely with
e.l.f Beauty power grip primer. Courtesy: e.l.f Beauty E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading. The cosmetics retailer’s earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to be between $1.32 billion and $1.34 billion during fiscal 2025, ahead of the $1.30 billion
By Alex Lawler LONDON (Reuters) – Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong dollar and lower crude imports in China outweighed supply risks from a Trump presidency and output cuts caused by Hurricane Rafael. Donald Trump’s election win initially triggered a sell-off that pushed oil down more than $2 as the dollar rallied. But crude prices later pared losses to settle
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Discovery’s flagship streaming service has been growing its subscriber base at a fast clip this year since expanding internationally during
By Amanda Cooper LONDON (Reuters) -The dollar held near four-month highs on Thursday, having scored its biggest one-day rally in two years following Donald Trump’s win in the U.S. presidential election, and as investors prepped for the Federal Reserve’s upcoming rate decision. Sterling rallied after the Bank of England cut interest rates but said it expected UK inflation and growth to pick up more quickly than it had previously anticipated. Front
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter. Shares of Adyen fell more than 6% Thursday after the company’s third-quarter report, paring losses of as
