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‘Spider-Man: Brand New Day’ Star Jacob Batalon Talks the Ending, Spidey Tracker and the Scene That Shut Down Filming
Actor Jacob Batalon has been discussing the ending of “Spider-Man: Brand New Day”, particularly the emotionally loaded handshake between his character Ned Leeds and Tom Holland’s Peter Parker, which closes out a film that has become a huge box-office success. The scene has sparked debate among fans over whether Ned genuinely regains his memory of…
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Government contracts to require job creation instead of green targets under new rules
Ministers are overhauling government procurement rules so that companies bidding for public contracts must demonstrate they will create jobs and help young people into work, rather than proving their green and social credentials. First secretary of state Louise Haigh said the change would stop procurement being a “tick-box exercise” and would help small businesses that…
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UMG Reported a 5.3% Increase in Revenue — So Why Did Its Stock Drop 25%?
Universal Music Group’s share price plunged 25.4% on Friday 31 July, from €19.35 to €14.44, following its half-year earnings report despite the company reporting healthy revenue growth. The sell-off came even though revenue rose 5.3% (10.8% at constant currency) to €6.194 billion, because investors focused instead on a sharp collapse in profitability and UMG’s failure…
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UFC parent company lost $30M on White House fight
An executive from TKO Group Holdings, the parent company of the UFC, said Monday the firm lost roughly $30 million from its June event at the White House. “With regards to UFC Freedom 250, we incurred significantly higher-than-normal costs, which we partially offset with sold-out global partnerships inventory,” Andrew Schleimer, the chief financial officer of…
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Live results: El-Sayed, Stevens show down for Democratic nod in battleground Michigan Senate race
Progressive Abdul El-Sayed and centrist Rep. Haley Stevens are facing off Tuesday for the Democratic nomination for retiring Sen. Gary Peters’s seat in Michigan. The winner will face off against former Rep. Mike Rogers, the presumptive Republican nominee. Tuesday’s primary Tuesday’s race has laid bare deep divides within the Democratic Party and its dueling factions….
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FBI agent charged in theft of almost $1M in cryptocurrency from Russia
A supervisory FBI agent faces two federal charges for collecting more than $900,000 between “adversarial” cryptocurrency accounts tied to criminal targets overseas to his personal wallet. The FBI fired Patrick Steven Yaroch last week, and he was arrested for interstate transportation of stolen goods and receipt of stolen goods. In an affidavit, Yaroch admitted to…
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AMD’s datacenter business is booming while gaming takes a backseat
AMD’s latest quarterly earnings show a stark divide between its booming data centre business and a struggling gaming division, underlining how demand for AI computing power is reshaping the chipmaker’s revenue mix. Data centre sales more than doubled year-on-year to $6.7 billion (£5.3 billion), while gaming revenue slumped as price rises and component shortages hit…
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US stock market hits record highs as AI profits pile and oil prices ease
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, and the main measure of…
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SpaceX’s first-ever earnings show a loss and huge spending
SpaceX has released its first-ever quarterly earnings report since going public in June, revealing that although revenue nearly doubled, spending surged even faster, resulting in a net loss. The results have unsettled investors, as the Elon Musk-led company has already seen its share price slide well below its debut level despite briefly overtaking rivals such…
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SpaceX has more neocloud revenue
SpaceX’s AI division saw revenue more than triple to $2.6 billion, driven largely by deals to supply computing power to other AI firms, positioning the company as a competitor to “neocloud” providers such as CoreWeave. Despite the surge in AI income, the division still posted a $1.5 billion loss for the quarter, though this was…