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Apple is changing its movie strategy, moving towards smaller-budget productions to contain costs. The company plans to release a dozen movies annually, most costing under $100 million, following its recent big-budget flops. Apple is also considering a hybrid release strategy for future films, with limited theatrical releases followed by streaming on Apple TV+. This shift comes as streaming giants like Netflix, Disney+, and Amazon continue to fight for market share in the fiercely competitive SVOD space.

Hurricane Helene, a Category 4 storm, has ravaged Florida, Georgia, and South Carolina, leaving at least 28 dead and millions without power. The storm caused significant damage, with recovery efforts ongoing across impacted areas. Investors are closely watching companies like Duke Energy, Generac Holdings, and major insurance providers for financial impacts.

J.B. Hunt Transport Services has announced the addition of 20 Nikola Tre fuel cell electric vehicles (FCEVs) to its fleet, boosting its sustainability efforts and offering customers on the West Coast greener freight solutions. This move builds on J.B. Hunt’s existing fleet of over 200 alternative-powered vehicles, including battery-electric, hydrogen-electric, and renewable natural gas (RNG) vehicles.

RBC Capital analyst Ashish Sabadra has initiated coverage on Nasdaq Inc (NDAQ) with an ‘Outperform’ rating and a price target of $88, citing strong growth prospects and a recurring revenue stream following the acquisition of Adenza. The analyst expects Nasdaq to deliver mid-term revenue growth of 10%-14% in Financial Technology, driven by secular trends like cloud computing and digital transformation.

Carvana (CVNA) has been a stock market darling in 2024, surging over 230%. But while lower interest rates could boost demand, analysts remain cautious, with some believing the stock’s gains are already priced in. Rising auto loan delinquencies and Carvana’s need to sell to riskier borrowers raise concerns about its future profitability.

A savvy cryptocurrency trader has cashed in on the viral popularity of ‘Moo Deng,’ a baby hippo taking the internet by storm, by investing in the meme coin MOODENG. The trader’s early investment has yielded a massive $392,200 profit as the coin’s value skyrocketed due to the adorable hippo’s online fame.

ODP Corp. (ODP) stock closed slightly higher on the day, outperforming the S&P 500 but lagging behind its sector in recent weeks. Investors are looking ahead to the company’s upcoming earnings report, where analysts anticipate a year-over-year decline in both earnings and revenue. The stock’s valuation metrics, including a low forward P/E ratio and PEG ratio, suggest potential value.

As central banks around the world, including the Federal Reserve and the European Central Bank, continue to lower interest rates, certain stocks stand to gain significantly. This article highlights three companies – Infineon Technologies, Novo Nordisk, and ASML Holdings – that are well-positioned to capitalize on this trend due to their growth strategies, innovative products, and favorable market conditions.

Hyliion Holdings Corp. (HYLN) saw its stock surge on Friday after its KARNO linear generator was approved as an eligible technology under California’s Renewables Portfolio Standard (RPS). This approval positions Hyliion to play a key role in California’s ambitious climate goals, aiming for 60% renewable energy by 2030 and complete carbon neutrality by 2045.

Resurfaced messages reveal that Donald Trump’s running mate, JD Vance, was critical of the former president in 2020. Vance predicted Trump’s defeat and criticized his economic policies, suggesting they were not truly populist. This revelation comes as Vance faces scrutiny for his recent controversial comments about immigrants. Meanwhile, polls indicate that Vice President Kamala Harris holds a slight advantage over Trump in key swing states.