Midday stock movements: Webtoon Entertainment, Steel Dynamics, Hims & Hers and others
Market Update: Key Moves in Various Companies In recent trading news, Webtoon Entertainment’s stock surged by 31% following an agreement to develop a digital comics platform for Disney. Additionally, they will be selling a 2% stake to the media giant. On the flip side, Emerson Electric saw its shares drop by 4.5%. The company’s management […]
Steel Prices in the U.S. Keep Dropping as Demand Slows Down
Monthly Metals Index for Raw Steel The Raw Steel Monthly Metals Index (MMI) remained relatively stable but leaned towards the negative side, with a decline of 0.96% from August to September. US Steel Prices Seeking a New Low As of early September, hot roll coil prices have dipped to their lowest since February 21. This […]
U.S. Stainless Steel Prices Remain Stable Despite Trade Concerns
Stainless Monthly Metal Index Update The Stainless Monthly Metal Index (MMI) showed little movement, registering a 1.69% increase from August to September, landing at 1.69% overall. US Stainless Steel Prices Steady in August In August, US stainless steel prices remained stable. Following several announcements in recent months, mills have managed to maintain an upward trend […]
Nickel Surplus Affects Stainless Steel Even with U.S. Tariff Backup
Stainless Steel Market Update In the recent period from July to August, we saw a small rise of 0.32% in the Stainless Monthly Metal Index, indicating a somewhat stable trend. However, it’s notable that nickel prices have been on a general decline, despite being relatively flat this month. Weak Demand for Stainless Mills The landscape […]
James Gunn’s ‘Superman’ is Unlikely to Outperform ‘Man of Steel’ at the Global Box Office, Just Days After Being Called a ‘Proven Smash Hit’
James Gunn’s Superman Struggles at the Box Office James Gunn’s recent reboot of Superman, which raked in $595 million globally, is unlikely to outdo Zack Snyder’s 2013 film, Man of Steel, according to a new report. Released on July 11, Gunn’s Superman tallied $8.4 million in its latest weekend, reaching a total of $595 million […]
One person killed, several others hurt in explosion at steel factory in Pennsylvania
Explosion at Steel Plant in Pennsylvania On Monday, an explosion at the Steel Claireton Cork Works plant in Pennsylvania resulted in one fatality and several injuries, with multiple individuals hospitalized. While US Steel officials reported that ten people were taken to local hospitals, Allegheny County authorities stated the number was nine. It was confirmed that […]
Pennsylvania: One dead, ten hurt, and one person missing after explosions at a U.S. Steel plant
Explosion at US Steel’s Clairton Factory On August 11, 2025, a series of explosions rocked the US Steel Clairton factory in Pennsylvania, resulting in at least one fatality, multiple injuries, and one person reported missing. There are conflicting reports suggesting that two individuals may actually be unaccounted for. The blasts occurred around 10:51 AM local […]
Market triumphs as Nippon Steel protects US jobs and overcomes fear
Opposition to Foreign Investment in U.S. Steel The United Steelworkers Union has recently expressed strong concerns about foreign investment in the American steel industry. This issue started gaining traction earlier in 2023 when U.S. Steel began looking into acquisition offers, particularly from Tokyo-based Nippon Steel. The Union also pointed to competitor Cleveland-Cliffs, which proposed a […]
David Zaslav of Warner Bros. is the true ‘Man of Steel’ in today’s changing media environment.
Wall Street’s Surprising Affection for David Zaslav It seems like Hollywood isn’t exactly fond of David Zaslav, but on Wall Street, his reputation appears to be improving. Well, maybe “love” is too strong a word, but there’s been some positive movement. Warner Bros Discovery stock has surged by over 53% in the past year. In […]
California Republican Michelle Steel will not pursue a return to the House.
Former California Republican Representative Michelle Steele has announced she will not seek another term in Congress. After serving two terms, she recently lost a close race to Rep. Derek Tran by just over 600 votes. Steele expressed her desire to focus on other political aspirations. She mentioned, “I have other goals. And I have been […]