Morgan Stanley recently announced that it will be allowing its financial advisors to offer bitcoin ETFs to clients, making them the first major Wall Street bank to do so. This move opens up a new avenue for investment in the cryptocurrency space and signals a growing acceptance of digital assets in the mainstream financial world.
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Eli Lilly’s weight loss drug, Zepbound, has recently shown promising results in patients with a common type of heart failure and obesity. The late-stage trial data released by the company indicate that Zepbound may have health benefits beyond weight loss and blood sugar regulation. This could potentially lead to broader insurance coverage for this type
Recently, Washington, D.C., Attorney General Brian Schwalb took legal action against the popular online ticket exchange platform, StubHub, for allegedly engaging in deceptive and unfair pricing practices. The lawsuit accuses StubHub of misleading consumers with low ticket prices only to hit them with significantly higher fees during the checkout process. This intentional concealment of the
Budget airline Spirit Airlines has announced a new pricing strategy that aims to offer more value to its customers. The Florida-based carrier, known for its no-frills approach to air travel, is looking to increase revenue by providing additional perks with its highest-priced tickets. Spirit Airlines will now offer four categories of service to its passengers.
McDonald’s executives recently admitted that consumers perceive the company’s prices as too high, particularly lower-income customers who are now reluctant to spend due to years of high inflation. Despite being seen as a value leader compared to competitors, McDonald’s is facing a shrinking gap in value perception and declining same-store sales across all divisions. During
Fast-food chains have been facing a challenging time in the market as they try to win back customers through $5 meal deals amidst rising menu prices and changing consumer behaviors. Subway discontinued its $5 footlong sandwiches a decade ago, but other chains like McDonald’s, Taco Bell, Burger King, and Wendy’s have recently introduced or revived
The latest Disney and Marvel collaboration, “Deadpool & Wolverine,” has shattered records with an impressive $38.5 million in Thursday previews. This sets the stage for a potential domestic debut exceeding $150 million, making it the highest-grossing R-rated film opening in history. Preview numbers like these are a testament to the massive anticipation surrounding this release,
The latest installment in the Deadpool franchise, “Deadpool and Wolverine,” is generating a massive amount of buzz ahead of its release. Industry experts are predicting a debut weekend box office haul between $160 million and $180 million, setting it up to break several records. The film has already become the best pre-selling ticket of 2024,
Chipotle Mexican Grill surprised analysts by reporting quarterly earnings and revenue that exceeded expectations. The company managed to attract more traffic to its restaurants, which is in stark contrast to the industry’s overall slowdown. Despite this positive news, Chipotle’s stock did experience some volatility after the earnings report, showcasing a lack of strong investor confidence
As General Motors prepares to release its second-quarter results, the pressure is on to meet the high expectations set by Wall Street. Analysts anticipate earnings per share to come in at $2.75 adjusted, with revenue reaching $45.46 billion. This would represent a 1.6% increase in revenue from the previous year and an impressive 44.2% surge