Single Best Idea: Yardeni & Stent
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Ed Yardeni & Angela Stent. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
2 Reasons AMC Stock Is Soaring in June
Memorial Day weekend set moviegoing records, and a lot of the sales went to AMC as the largest theater chain. With many expected hit movies slated for release, management thinks it's turned a corner. AMC stock is still down year to date and the company has a lot to prove. 10 stocks we like better than AMC Entertainment › AMC (NYSE: AMC) is the largest movie theater operator in the world, but being the leader in a troubled industry hasn't done much for the company over the past few years. With the advent of streaming and residual fears from the pandemic, moviegoing just isn't what it once was and AMC continues to struggle. However, Memorial Day weekend was a boon for the company and AMC stock has been climbing. Let's see why and what it means for the future. Streaming from home has taken a toll on the box office, but there is still life left in theaters. Four of the top 10 highest-grossing films ever were released since the pandemic started, including Avatar: The Way of Water in the No. 3 spot and last year's Inside Out 2. People are still going to the movies. That fact was reinforced with a record Memorial Day weekend in May. Disney's live-action remake of Lilo & Stitch had the highest-ever four-day Memorial Day opening, and it was buttressed by a strong showing for Paramount's Mission: Impossible -- The Final Reckoning. Altogether, these two topped a blowout weekend with $326.7 million in domestic ticket sales, and Lilo & Stitch is already the second-highest-grossing domestic film of the year. Of course, that success trickled down to generate incredible financial results for AMC. Management said it set an all-time record for admissions revenue, food and beverage revenue, and total revenue for a weekend Memorial Day opening, and that the five-day stretch was the third-highest revenue for any five-day slot in more than 10 years. As for attendance, this was the highest-attended weekend and highest-attended five-day period of the year, both domestically and globally. Management didn't provide specific financial metrics for the weekend, so investors aren't likely to hear the nitty-gritty details until the second-quarter earnings release sometime in July or August. But management's update and optimism are boosting investor confidence. It's nice for the company to have a solid, record-breaking opening, but can it last? Management thinks so, and the market may be pricing that in. CEO Adam Aron said that after this weekend, AMC has turned a corner. "With many more potentially huge movies coming in June all the way through the end of 2025, and beyond that deeply into 2026 as well," he said, "we firmly expect to be enjoying a robust theatrical box office as we look ahead." Here's what to be excited about. Disney has a full slate of films coming out over the next few years, including the third film in the Avatar series. The first two are the highest-grossing and third-highest-grossing films ever, and the next film is slated for release this coming December. It also has the next Frozen film and other top franchises coming out soon. Warner Bros. has its own expected hits coming out, including a new Superman, and Comcast's Universal Studios has the next installment of Wicked and a new Shrek. Sequels to popular franchises can be big business. But the company is still reporting revenue declines and losses as of the 2025 first quarter. It will take some time to see if AMC has indeed turned a corner. As the price has increased in June, so has the short interest in AMC, hitting almost 15% of all outstanding shares. These investors are betting on this being a short-term boost and that the price will fall from this surge. Even though AMC stock is up 29% over the past month, it's still down 15% year-to-date. Unless the company releases incredibly strong earnings for the second quarter and keeps up its performance, the price jump may not last. Part of what's frustrating about that for investors is that many variables are beyond the company's control. It's up to film producers to create hit movies that bring viewers into theaters and to make the decision to keep them there long enough before they hit streaming services. That can be quite lumpy. You need to have real confidence in the future of the film industry and the resilience of theaters as a beckoning call for die-hard fans to want to invest in AMC's future, and for most investors, that time isn't now. Before you buy stock in AMC Entertainment, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AMC Entertainment 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 $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Jennifer Saibil has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. 2 Reasons AMC Stock Is Soaring in June was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fast Company
26 minutes ago
- Fast Company
How to Watch George Clooney's Broadway play ‘Good Night, and Good Luck' live for free
A Broadway play is coming to your living room live via cable television for the first time ever. This historic moment takes place tonight (Saturday, June 7, 2025) at 7 p.m. ET—just one day before the 78th Tony Awards. Grab some snacks and settle in for Good Night, and Good Luck, co-written by George Clooney and Grant Heslov and directed by David Cromer. Although this event is being pitched as a TV first, streaming service BroadwayHD was technically the first to livestream a Broadway show, with the musical She Loves Me in 2016—but we digress. Here's what to know about Good Night, and Good Luck, and how to watch it live. What is 'Good Night, and Good Luck' about? Good Night, and Good Luck tells the story of respected CBS journalist Edward R. Murrow and his quest to hold Senator Joseph McCarthy accountable for his actions during the 1950s Red Scare. It is based on the 2005 film of the same name. This time around, George Clooney portrays Murrow and is making his Broadway debut. What do the critics say? Good Night, and Good Luck received mostly positive reviews. Variety's Frank Rizzo praised its ' seriousness of purpose that is again dramatically stark, solidly documented, and ultimately chilling.' The Hollywood Reporter's David Rooney mused that 'the drama at times seems almost as educational as it is theatrical.' Both believe the ending might have been too heavy-handed and wanted more character development for the supporting characters. Time Out's Adam Feldman did not mince words, stating that the play is too similar to the movie. 'It is well designed and full of fine actors doing their jobs. Its subject is timely and its message is on point, and there's no good reason to see it,' he quipped. The American Theatre Wing and the Broadway League, the organizations behind the Tony Awards, honored the production with five nominations. This includes one for Clooney's leading performance. The play is a major commercial success, becoming the highest-grossing play in Broadway history. On the way to that title, it repeatedly grossed more than $4 million in a single week. These numbers are partly because tickets range from $176 for obstructed views to $799 for the best seats. Why tell this story now? Clooney and Heslov wrote the 2005 screenplay as a response to the United States actions in the Iraq War. Unfortunately, the universal themes of speaking truth to power are more relevant now than ever. 'I think it's a story that you can keep telling over and over,' Heslov told CBS's 60 Minutes. 'I don't think it will ever thematically get old.' They chose to adapt the story for the stage because of the Trump administration's actions to discredit the media. While the president laments so-called 'fake news,' journalists play an important role in educating the public and keeping public officials honest. 'When the other three estates fail, when the judiciary and the executive and the legislative branches fail us, the fourth estate has to succeed,' Clooney added during the 60 Minutes interview. He went on to say that a recent ABC News settlement with the Trump administration was scary. In a similar vein, CBS is trying to get a $20 billion lawsuit that claims 60 Minutes committed election interference dismissed. Additionally, Trump continues to cherry-pick which outlets get access to him while attempting to defund news organizations such as NPR. 'We're seeing this idea of using government to scare or fine, or use corporations to make journalists smaller,' Clooney explained. Clooney's father, Nick Clooney, was a respected broadcast journalist. The younger Clooney followed in his father's political-party footsteps and is a lifelong Democrat. How can I watch or stream the Broadway play live? Because this story is so personal to Clooney, he is doing his part to bring the show's important and timely message to an even wider audience beyond the Big Apple. He partnered with CNN to accomplish this. Thanks to 20 cameras and 14 camera operators, audiences around the world can feel like they are in the room where it happened. 'I can't tell you how exciting it is to do something that's never been done. CNN is the perfect place to bring this story of courage to so many more people than we could have ever hoped. Live TV. No net. Buckle up everyone,' Clooney stated in a press release. Before the metaphorical curtain rises, CNN's Pamela Brown will host a pre-show outside of the Winter Garden Theatre, beginning at 6:30 p.m. ET. The play will begin at 7 p.m. ET and runs an hour and 40 minutes, with no intermission. After the play, CNN's Anderson Cooper will host a special, discussing the current state of journalism. He will be joined by a slew of notable guests including Connie Chung and Marvin Kalb. Traditional cable subscribers can watch the pre-show, play, and post-show discussion on CNN and CNN International.
Gizmodo
31 minutes ago
- Gizmodo
Sam Altman's Brief Ouster at OpenAI Is Getting the Movie Treatment
At some point, Hollywood decided the world of tech was a nice little well for drama, but it can probably just throw out the latest material that it's happened into rather than serving it to the rest of us. According to The Hollywood Reporter, we're going to be getting a movie based on the five-day period that Sam Altman was ousted and ultimately reinstated as the head of OpenAI. The film, which will reportedly be titled 'Artificial,' already has a pretty star-studded call sheet, though everything is still in the rumor period, it seems. Luca Guadagnino, director of Call Me by Your Name and Challengers, is reportedly in talks to direct the picture. Andrew Garfield is currently the favorite to play Altman, which is very much in his wheelhouse after his performance as Facebook co-founder Eduardo Saverin in The Social Network. Monica Barbaro, who played Joan Baez in A Complete Unknown, is reportedly in talks to play former OpenAI CTO Mira Murati, and Anora breakout star Yura Borisov is up for company co-founder and Altman antagonist Ilya Sutskever. Comedy writer Simon Rich, who wrote for 'Saturday Night Live' and created 'Miracle Workers,' is reportedly responsible for the screenplay. One of the problems for Hollywood repeatedly going after these real-life Big Tech dramas is that the industries are now so entangled. This OpenAI flick, for instance, is handled by Amazon MGM Studios. Amazon is about $8 billion deep into investments into OpenAI rival Anthropic. So like, do they have the motivation to trash OpenAI in this thing? (Not that external pressure to do so is necessary, but still.) And sure, the drama at OpenAI is compelling. It's not too often that the founder of one of the hottest companies around gets kicked out by the board because they no longer trust him, only for him to be reinstated five days later. And, as stories like the Wall Street Journal's accounting of the events highlight, there is no shortage of intrigue and backstabbing along the way that will probably play well on the big screen. But ugh is the list of these Silicon Valley dramas getting long, and it doesn't feel like it's really accomplishing much other than pumping the egos of the subjects. The Social Network remains probably the best work the genre has produced (save for HBO's 'Silicon Valley,' which hasn't aged a day since it came to an end), and even that failed to really capture just how greedy and unethical these people would turn out. (Though, give Aaron Sorkin this, he probably was ahead of the curve on calling out the bro-ish-ness of Zuckerberg that is now on display when he pops up on Joe Rogan's podcast.) The rest of the offerings have their charms, to be sure. 'The Dropout,' 'WeCrashed,' and 'Super Pumped' all manage to pull out some great performances and are built around compelling stories. But none of them really sufficiently get at the greed, corruption, and frankly, the disdain for everyone from regulators to actual, regular people who get harmed while these people amass their fortunes. Maybe that's because the stories typically follow the central figures—the Altmans and Zuckerbergs and Holmeses of the world—from their seats in the C-suites, and they are so rarely confronted with reality there.
