Disney's "Star Wars: The Mandalorian and Grogu" earned $12 million in Thursday night previews, marking the lowest advance ticket sales in the franchise's history. Analysts predict an $80 million opening over three days and up to $95 million over the four-day Memorial Day weekend, which would be among the smallest openings for a Star Wars film. Despite modest box office expectations, the film benefits from strong consumer product sales and Disney theme park tie-ins, leveraging the popularity of the character Grogu (Baby Yoda). This release tests the future of Star Wars in theaters after a shift toward streaming series and a pause in theatrical films since 2019.
This week, investors focus on key inflation data with Thursday's core PCE price index report, the Fed's preferred inflation gauge, expected at 3.3%, influencing rate decisions under new Fed Chair Kevin Warsh. A series of Federal Reserve speeches will...
Disney has been hit with a $5 million class action lawsuit in New York after deploying facial scanning technology at Disneyland and Disney California Adventure Park. The lawsuit claims Disney scanned visitors' faces without adequate consent, violatin...
