Doomsday alert for Hollywood as shooting days in LA fall sharply in new data

Doomsday alert for Hollywood as shooting days in LA fall sharply in new data

The Hollywood box office seems to be bouncing back, with expectations that domestic revenues might reach $10 billion for the first time since 2019. Yet, the scene in Los Angeles itself isn’t as bright. FilmLA, the organization behind movie statistics, released its Q2 report recently, indicating a 13% drop in production days for film and […]

Alphabet and Tesla stocks fall as rising AI expenses worry investors

Alphabet and Tesla stocks fall as rising AI expenses worry investors

Alphabet and Tesla Shares Decline Amid AI Investment Surge Shares for Alphabet and Tesla took a hit on Thursday. This came after both companies pledged to ramp up their already substantial investments in artificial intelligence, causing concern among investors about the potential risks associated with such sizable financial commitments. Tesla saw a notable drop of […]

Tesla’s profits fall short as Elon Musk’s increased AI expenditures result in cash loss.

Tesla's profits fall short as Elon Musk's increased AI expenditures result in cash loss.

Tesla reported disappointing earnings for the second quarter on Wednesday, falling short of profit expectations and experiencing negative free cash flow for the first time in over two years. This comes as Elon Musk’s company ramps up spending on infrastructure to support its AI and robotics projects. The stock dropped roughly 2.5% during after-hours trading. […]

IBM reports lower earnings than expected, shares fall in early trading

IBM reports lower earnings than expected, shares fall in early trading

IBM’s Stock Takes a Dive Amidst Earnings Report On Tuesday, IBM’s stock plummeted by nearly 23% in premarket trading, sparking concerns about whether the company’s investments in artificial intelligence are yielding satisfactory short-term returns. This downturn marks what could be IBM’s most challenging day in decades, following a second-quarter performance that did not meet analysts’ […]

Driver suspected of DUI survives 600-foot fall from a cliff in Northern California

Driver suspected of DUI survives 600-foot fall from a cliff in Northern California

California officials reported on Monday that a suspected drunk driver somehow survived after his pickup truck fell nearly 600 feet off a northern California cliff last week. The incident took place along State Route 263 in Siskiyou County, known for its picturesque but perilous landscape marked by steep cliffs and challenging descents. According to the […]

Driver survives 600ft fall from a cliff but is arrested afterward.

Driver survives 600ft fall from a cliff but is arrested afterward.

An impaired driver recently endured a 600-foot drop after veering off a winding highway in Northern California but is now facing legal repercussions, according to officials. Early last week, a truck traveling along Highway 263 in Siskiyou County went off course, hurtling down a steep cliff in a potentially life-threatening incident, police reported. The white […]