Memorial Day

Walt Disney Co. (NYSE:DIS) achieved a significant milestone as its live-action “Lilo & Stitch” remake, alongside Tom Cruise‘s “Mission: Impossible – The Final Reckoning,” propelled U.S. Memorial Day weekend box office receipts to a record-breaking $326.7...

On Monday, in a post on Truth Social, President Donald Trump used his Memorial Day message to praise his administration's immigration efforts while blasting what he described as judicial overreach and failures at the U.S. southern border. What Happened: "Happy Memorial Day to all, including the...

Memorial Day, a national holiday in the U.S. traditionally observed on the last Monday of May, is May 26 in 2025. The day is dedicated to remembering and honoring the men and women who died while serving in the military. The first national observance of Memorial Day occurred on May 30, 1868....

Tesla Inc. (NASDAQ:TSLA) has reportedly instructed workers on Model Y and Cybertruck production lines at its Austin factory to stay home during Memorial Day week, marking an unusually extended break as the automaker grapples with declining deliveries. What Happened: Workers, who are paid hourly,...

Holiday weekends have typically been strong performers for the movie theater sector. The Memorial Day weekend box office recorded disappointing figures, suggesting that the film industry in 2024 continues to struggle with the ongoing Hollywood strikes and a hesitant return of moviegoers to theaters...

Former President Donald Trump’s Memorial Day social media post extends greetings to all, including those he perceives as his adversaries, in a characteristic, controversial style. What Happened: On Monday, Trump took to Truth Social to wish everyone a Happy Memorial Day, including those he...

The U.S. stock market will be closed on Monday, May 27, 2024, in observance of Memorial Day. Observed on the last Monday of May, Memorial Day honors the men and women who have died in military service to the United States. This holiday marks the unofficial start of summer and is a time for family...

Americans will face a 10% increase in barbecue costs this Memorial Day weekend as inflation continues to impact the economy. What Happened: The cost of Memorial Day cookout items has risen by 10% from last year. The average expense for a typical barbecue has climbed to $30, up from $27 in 2023, as...

Once again, the world caught a glimpse of Meta Platforms Inc. (NASDAQ:META) co-founder and CEO Mark Zuckerberg's shredded lifestyle as he celebrated Memorial Day with an intense workout. What Happened: Zuckerberg shared his fitness regime on Facebook, saying that he followed a tradition of honoring...

Aggregate net debt to LTM EBITDA for the top MSOs is now 3.0x with five of the eleven over 5x, arguably unsustainable in a 280e world. The graph shows two essential indicators of cannabis company leverage and credit quality: Net debt/ LTM EBITDA and Net Debt/ Enterprise Value. The chart depicts...

Audiences flooded movie theaters throughout Memorial Day weekend in support of "The Little Mermaid" from Walt Disney Co. (NYSE: DIS). What Happened: The movie, a CGI-laced live-action remake of the 1988 animated classic, earned an impressive $117.5 million over the course of the four-day...

The stock market is closed on Memorial Day, Monday, May 29. It is a federal holiday dedicated to honoring those in the U.S. military who died in service. Trading activities on the NYSE and Nasdaq paused at 4 p.m. ET on Friday, May 26, and will resume on Tuesday morning at 9:30 a.m. ET. Many...

On Thursday, the CDC said vaccinated Americans can ditch the masks in most settings, kicking off what some people are calling a “hot vax summer.” Unfortunately, that could mean a cold, rocky few months for the stock market. The period between Memorial Day and Labor Day has...

If you look around your workplace today and see a number of empty seats, you’re probably not alone. Many Americans take the Friday prior to Memorial Day off to get a head start on the long weekend, and Wall Street is no different. Trading volume tends to be extremely light in U.S. markets...

U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...