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CBC
11 minutes ago
- CBC
Alberta to allow liquor sales as early at 6:30 a.m. during this year's Calgary Stampede
The Alberta Gaming and Liquor Commission will once again extend the hours that alcohol can be legally sold during this year's Calgary Stampede. "Bars, restaurants and lounges in the city of Calgary have the option to start liquor service at 8 a.m. during the 2025 Stampede, which runs from July 4 to 13," the provincial agency said Tuesday in a news release. The changes are a "blanket approval" that applies to all Class A, B and C liquor licensees, the AGLC said. This includes bars, lounges, taprooms and convention centres within Calgary. "Licensees do not have to apply for this particular extension, which is for early service only," the agency said. Closing hours for liquor service are not changing. Liquor licensees along the Stampede Parade route can start selling alcohol even earlier — at 7 a.m. — on the morning of the parade, July 4. In addition, private events held in the city during the Stampede that obtain permission from the AGLC may start alcohol sales as early as 6:30 a.m. "Hours for special events are determined on a case-by-case basis," the agency said. The AGLC regularly changes alcohol-service hours during major international sporting events or major community events. It has extended the sales hours for the Stampede annually since 2014.
Globe and Mail
13 minutes ago
- Globe and Mail
Disney Has Another Huge Hit at the Box Office. Is It Finally Time to Buy?
Walt Disney (NYSE: DIS) might be the top name in entertainment, but that doesn't automatically mean its stock is always in good shape. It's taken a pounding over the past few years as the company goes from one problem to the next, and it's down 44% from its all-time highs. Are things starting to stabilize? The company reported solid results for the 2025 fiscal second quarter (ended March 29), and its newest film release, the live-action Lilo and Stitch, had a fantastic opening weekend. Is now the time to buy on the rebound? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » What's happening at Disney? Disney is a huge media and entertainment giant with many working pieces. Today, it divides its business into three segments: entertainment, sports, and experiences. Entertainment covers its content, including streaming, film releases, and network TV. Sports is its sports-related content, and experiences covers parks, as well as other experiences like cruises and resorts. When everything goes well, Disney is an unmatched powerhouse. But with so many moving parts, the whole gets weighed down by any disruption. Fortunately, in the most recently reported quarter, there was success all around. Total revenue was up 7% year over year, with increases in all three segments. Operating income more than doubled to $3.1 billion, driven by increases in streaming, which had been holding back profits for too long. Streaming subscriptions increased by 2.5 million from the previous quarter, and Disney+ is now firmly profitable and growing. Even linear networks, the traditional TV channels that are on the decline, managed a small operating profit increase in the quarter, and the weakest segment was sports, which reported a drop in operating income. Disney is still figuring out the sports piece as it transitions from a cable focus to a streaming one, and it recently said that it's offering ESPN as a full, direct-to-consumer offering starting this fall. It was just announced that Disney is acquiring popular sports show Inside the NBA, and it's aiming to keep its go-to status and attract paid viewers to the new venture. Back to film success Disney felt some pressure with the Hollywood strikes two years ago, pushing back film production and delaying some releases. It bounced back last year, ending 2024 with the highest-grossing film worldwide, Inside Out 2, as well as the No. 3 spot, Moana 2, and the No. 6 spot, Mufasa: The Lion King. It's doing incredibly so far in 2025, with exactly half of the top 10 highest-grossing films domestically. The most recent release, Lilo and Stitch, came out on Memorial Day weekend and is already the second-highest-grossing film of the year, with $279 million in domestic box office sales. It shattered records to take in the highest four-day Memorial Day weekend sales ever, and it's already picked up more than $600 million in sales worldwide. Like Lilo and Stitch, many of the recent hits and upcoming releases depend on the well-worn Disney model of creating franchises and churning out content based on beloved characters. Every single one of its top 10 releases so far this year is a remake or sequel of sorts. Disney has another six films set to come out this year, of which only one is a new franchise. The other five include the third installment in the Avatar movies, and the first two Avatar movies hold the No. 1 and No. 3 spots for highest-grossing films ever. Incidentally, the No. 2 spot, Avengers: Endgame, belongs to a Disney franchise, too. Disney has many films already slated for release in 2026 and further out, including the fourth Avatar film, the next Frozen film, etc. These are almost guaranteed to be huge box office hits, and the creative teams spin these franchises into more content for streaming, as well as for use in products and theme parks. Should you buy Disney stock? Disney is in a good place today, with a profitable streaming business, hit films, and an upcoming sports launch. It just announced a new round of layoffs, and although that could contain a warning, the market usually greets layoffs enthusiastically, since a leaner organization typically leads to a stronger bottom line. I wouldn't put too many eggs into Disney's basket yet, but where it's holding today, Disney looks like it's staged for a comeback, and its stock should reflect that. Should you invest $1,000 in Walt Disney right now? Before you buy stock in Walt Disney, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walt Disney wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
Globe and Mail
30 minutes ago
- Globe and Mail
The Best Warren Buffett Stocks to Buy With $2,000 Right Now
Because of Warren Buffett's exceptional track record allocating capital for Berkshire Hathaway, the average investor can gain a lot by following his moves. If you're looking for new investment ideas, perhaps it's best to take a look at the conglomerate's massive $280 billion portfolio. There are numerous holdings. However, there are a couple that really stand out. Here are the best Buffett stocks to buy right now with $2,000. Finding different ways to drive growth Apple remains a top Buffett position, as the consumer electronics leader represents 21.6% of the portfolio. But Amazon (NASDAQ: AMZN), another tech giant, is a top stock that investors should consider buying. Berkshire owns 10 million shares, translating to a tiny 0.1% stake in the business. Don't let that small position sizing take away from just how wonderful a company Amazon is. This is demonstrated by its durable growth trajectory, which is driven by multiple secular trends. Investors are all too familiar with Amazon's position in the e-commerce industry. The business went from selling only books to now offering cars on its popular marketplace. Almost 38% of all online sales in the U.S. happen on Amazon. The company has created a leading cloud computing platform as well, with Amazon Web Services (AWS). According to Grand View Research, the global cloud market is set to grow at a compound annual rate of 20% through the rest of the decade to a value of $2.4 trillion. AWS is well-positioned to capture this opportunity, especially with budding interest among its customer base in utilizing its expanding AI capabilities. In the past 12 months, Amazon's digital advertising efforts raked in $58.3 billion in revenue. This figure is growing at a double-digit pace. Given how profitable others in the space are, this activity is likely generating substantial earnings for Amazon. Ongoing top-line growth should propel the bottom line. Wall Street thinks Amazon's operating income will rise 13% year over year in 2025 to $77.3 billion. That figure would be 534% higher than in 2022, showcasing how effective expense controls have been in boosting profitability. The stock has been a laggard this year, down 7% (as of June 2) in 2025. But shares have soared 852% in the past decade. Investors can add Amazon to their portfolios with the stock trading 15% below its peak. A leader in the financial services industry Another Buffett stock that looks like a smart buying opportunity with $2,000 is American Express (NYSE: AXP). Berkshire owns nearly 152 million shares in the financial services leader, which makes it one of the top holdings. American Express might not operate in tech-focused industries like Amazon does. However, its financial performance over the years has been steady. This is true in today's uncertain economic environment. During the first quarter of 2025, payment volume was up 6% year over year, supported by spending in both goods and services, and travel and entertainment. This helped revenue increase 7%. Profitability is also noteworthy; diluted earnings per share jumped 9%. One of Buffett's core investment tenets is to buy companies that possess an economic moat. American Express undoubtedly fits the bill. Because it operates the underlying payment infrastructure, it benefits from a powerful network effect. The system becomes more valuable to key stakeholders, namely cardholders and merchants, the larger it gets. That's because cardholders find more utility by having more places to shop. Merchants understand the spending power of these consumers, so they plug into the Amex network to maximize their ability to earn more revenue. American Express' brand also can't be overlooked. The company's premium credit cards attract a more affluent customer base that's comfortable paying high annual fees for what they might view as a status symbol in their wallets. It helps that Amex also offers first-rate rewards and perks for cardholders to receive more value. It's worth mentioning that this brand is resonating strongly with younger consumers. "As in past quarters, Millennial and Gen-Z consumers made up over 60% of new consumer accounts acquired globally in Q1," CEO Stephen Squeri highlighted on the latest earnings call. This demographic has decades of spending ahead of it that could flow to Amex. Buffett and Berkshire continue to hold on to the stock. The average investor might want to follow. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. American Express is an advertising partner of Motley Fool Money. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Apple, and Berkshire Hathaway. The Motley Fool has a disclosure policy.
