let's talk about amc >> yeah. so amc from all fronts i see a very clear downward trend.o very bearish. we're zooming in on a daily chart because it's a short-term traded security, so we need to talk about the short-term trading targets. that 200 daily moving average, that is your clear downwards trend. but you can see it is not enough even if you surpass that because there is a series of lower highs constantly so what i need to see is that short-term resistance of about 611 here to be a new higher high, so overcoming those lower highs in order to have more of a bullish stance so that's going to take some time but i would not touch this security until i have sustained closes above this line >> which kind of speaks to how much the stock moves and how big those moves have been. the fact you could have a 30% plus gain today and it's still not even remotely close to where we were at the beginning of the year, to your point. >> absolutely. >> all right let's talk a little bit about tesla. this is another name, obviously mega cap name but very meme-tastic as well. your thoughts

and short the amc hoping they would allow the a.p.e.s would the turn amcs and they could sell them for cash this throw a big wrench into it. this is in no way a commentary on improving health at amc barbie has got to just absolutely be "gone with the wind" of our era i don't know how you get out of this mess if you're amc. they tried everything. adam aaron has tried everything. he's been a masterful marketer and capital structurer and arbiter and magician, but this is a big blow. >> adam aaron and barbie, and if they can't do it, i don't know who can. julie, thoughts here >> i agree completely with karen. this is one of those situations where the fundamentals are going to trump everything. it's a function of this is a very difficult industry. it's been disintermediated by a lot of what's happening in screen, and we're not willing to go to the theaters as we used to be they don't have to leverage of in term of being able to negotiate these window, and i don't think that really is going to change over time some this is really a tough picture for them right now. >> it's a fascinating indu

amc stock surging after the blockage of the conversion plan that would have allowed amc to issue morehares. it wanted to convert shares to common stock lower. we have been covering this story. maybe we should start with the popular arbitrage which investors have been putting in place which has prompted this very sizable balance in stocks. can you explain what people have been betting on? bailey: they have in betting on that it would go sailing through. basically there was the expectation this would go through and they would be able to convert 141 and do a reverse split that would cut the number of shares outstanding tremendously -- convert one for one and do a verse split that would cut the number of shares outstanding tremendously. you had low volume and expiration and a lot unfolded and it caused a deep plunging shares in a surge in amc. it has reversed a bit looking at a spread between the two well north of $4, double what it was back in february. matt: we are looking at meme stocks which have surged over the past few months. why do you think we have seen this resurgence in stocks

amc will no longer charge extra for better sightline seating.y tested the variable pricing plan in three locations and found pretty much no change in demand for the front row seats despite the lower price. for now, every sea will go back to costing the same amount. amc says the move is meant to keep ticket prices competitive. they will try out a spacious reclining seat wrote later this year. >>> the heat dome is gripping much of the nation and shows no signs of letting up. in fact, more than 125 million americans are under heat alerts in more than a dozen states. central arizona's excessive heat warning is in effect until sunday night. phoenix -- that is where my brother lives -- is facing temperatures reaching 110 degrees or hotter. that is tough. here is jess with a look at our local conditions. very different than what we are dealing with an arizona. >> reporter: i met here at the start point for the san francisco marathon happening this sunday in the city just along the embarcadero. i will say this. it is a first alert weather day. we are de

the amc is in government today and it seems, has not forgotten. russia invests very little in africa and accounts for only one percent of the foreign direct investment into the continent. and yet russia is a major force when it comes to arms. in recent years, russia has been, by far the biggest single exporter of to the african continent. it sells more than twice as much to africa than the us to us. these arms sales are seen as giving russian significant political leverage to its customers. and then that's the most new group. ok, now it's active and molly central african republic, libya and so don prepping up autocratic regimes and exchange for natural resources like gold. it is accused of operating with overprotected to committing massacres and other human rights abuses for them. the loudness founder you have gave me pretty goshen, threatened a rebellion against the russian leadership at home. but moscow says bach and i will continue. it's operations in africa. rushes, withdrawal from the black sea grain deal has pushed up global food prices. this is expected to hit east africa, the

shares of amc entertainment are surging ahead of the open after a judge in delaware friday shot down a deal that would have allowed the company to dump more shares onto the market in a statement ceo adam aaron's said the company has filed a revised petition for a stock conversion to address issues raised by the court. aaron also emphasizing that raising capital is critical for the company's survival. >>> and elon musk taking the next step in rebranding twitter. musk revealing plans to replace the social platform's iconic bird logo with a new yet to be decided logo featuring an x. announcing twitter's rebrand musk wrote on the site that, quote, soon we shall bid adieu to the twitter brand and gradually all the birds. >> going to miss the birds. >> you're going to like the birds? >> it's a big shift. >> not sure what direction he's going. we're going to find out. >> we sure will. >>> back on wall street, investors gearing up for the busiest earnings season. more than 150 companies and 12 dow components set to report talking microsoft, alphabet, meta, coca-cola, mcdonald's and exxon mob

we are going to talk amc not right now.ou were moving on to other earnings that we are looking forward to >> i think the megacaps -- >> i am curious to get your thoughts we don't know what the numbers are going to look like we're going to pore over the conference calls a lot of it is going to be a.i.-focused, whether it's alphabet or meta or microsoft. certainly, we're going to be very much focused on what they have to say about that important business for all three >> right, and we know -- people -- because taiwan semiis not an american company and earnings come out in the middle of the night, a lot of people don't look deep down at what they're saying, and what they're cig saying was very down beat. there's been no come back in d-rams there's no ability to ramp up in the united states because we don't have the facilities to make the big foundries and they say cell phones are terrible >> cell phones are terrible, right. >> but it could be they didn't distinguish apple because nobody does and then, david, i mean, they're ba

amc launched the program at a few locations in february. it was based on the desirability, seats in the middle cost more and those in the front became cheaper. people don't want to sit in the front even when the tickets cost less. amc is trying to make the front seats more desirable. >>> a queer dance space, outside lands is coming and will include a dance space called delores and will host daily performances featuring a lineup of deejays, drag performers and various artists all curated by the most popular lgbtq partners in san francisco, designed to sem brate the city's history as a beacon to the queer community. >>> up next, it's that time of year again. former president obama is out with his new summer play list analyst of summer reads. we'll get some good ideas from him. highlights up next. poststmenopausalal women with h hr+ her2- metatastatic brereast cancer are liliving longeger with kisi. metatastatic brereast cancer so, lolong live fafamily tim. longng live dreaeams. and longng live you.u. kisqali i is a pill proven to help women l

amc's out sized move coming on the back of u.s. court ruling that blocks amc stock conversion plan. convert preferred shares to common shares and risks diluting investor holdings and ceo adam aaron filed a revised petition for the stock conversion plan and shares of amc year-to-date and had a nice move up 44% year to date. and as fans use plastic to snap up plastic barbies, the doll's manufacture mattel benefiting from the success of the film at this hour. analysts estimate the movie will bring in about $100 million in revenue for mattel including $75 million from toy sales, $12.5 million from licensing the barbie brand to other companies, and $11 million from film revenue. mattel shares up 1.5%. you know what, mattel may have trouble shipping autothe barbie orders after pilots at fedex, ex-less rejected a tentative contract with the shipper to increase pay up to 30% over the next five years. the pilots union working to negotiate a new deal with the federal express and the supply chain is also in danger on the ground. 340,000ups drivers and workers are threatening to strike a new co

they also told me the amc around the corner here in new york city that is showing it in that format, said they had to remove a window pane to get because, you know, space is tight here in new york city just to get it in the building. >> it's a big deal. >> he shot on this 70 millimeter film. >> remarkable. yeah it's the longest film. christopher nolan's ever shot and longest film on imax. 70 millimeter. >> wow. it's three hours. we're going to have more on that and why it's so important coming up in just a little bit. >> we want to begin, though, this morning with the persistent and still chilling heat that is plaguing more than 40 million americans. >> tarrant county, texas, reported four heat related deaths this month, including a 26 year old who died while working outdoors. and officials in nevada are investigating after two hikers were found dead at a state park where temperatures soared into the triple digits. >> palm springs, california, shattered a more than 50 year record after reaching nine consecutive days of 115 degrees or higher. and today, phenix could top 110 degrees fo

amc sold 20000 such tickets.s open next week in the 21st. >> barbie is for kids and the other is not. >> not for kids. wouldn't it be cool if movies kept interesting offering a discount if you see any two movies in one day? stuart: next is zillow, i think the stock is way up which implies somebody's bullish on it. >> upgrades to buy the price target by nearly 50% to $62 and the reason is huge. housing is improving into next year and destabilization mortgage rates. stuart: very nice again. thanks very much. look at the big board, six minutes with the business, .4%. dow winners of the top we have 3m caterpillar, idm is back. s&p 500, the winner is gypsy. sc. i thought there was a j. your brands -- why are you laughing? the nasdaq composite, the winners on the list, read them on the screen when they put them on the screen. a little delay there. marvel, paypal, lululemon. look at the ten year treasury, the ten year treasury yield, i had earlier close to 4%, that's where it is. 3.98. price of gold this morning not doi

when it comes to amc, it is more of a hail mary right now.company's like disney, netflix they taught people they can watch movies from their couch, don't have to go to movie theaters and that has stuck with the nature of what consumers are doing. it is a hail mary. if you look at the data of box office ticket sales, it is 25% below 2019 and that's utilizing the comp last quarter the had the blowout movie of avatar 2. people going back to see the movies, i see that as a hail mary. neil: when i go to theaters, unless you have a big moneymaker or big blockbuster film, there are not a lot of people in those theaters. that might change. being a part of amc will work, but it takes a lot to get people to leave that streaming thing. where do you see it going? >> i don't see that stopping. i would make the comparison to work from home. people are starting to come back to the office but at lower levels than expected. a big focus on the market is on cre, it's not monolithic in nature, office space makes 8% but all the data showing not a lot of people go

and came at the same time that 6 million new people signed up for netflix from tv to the movies where amchere you sit in the theater, they tested the strategy in february. they found that moviegoers still chose seats they liked even if the prices were higher amc says the change comes in part to make sure their ticket prices stay competitive. >> it is strategic you've got to geget perfecect t fofor the e full expererience. >>> itit's a almost ththe weeke. mimichelle hasas your forerecasr the e break. h has your foforecr ththe break. -of-its-kikind, once-dailyly pill for moderarate-to-sevevere plaqueue psoriasisis for the chchance at clclear oror almost clclear skin.. itit's like ththe feelingg of findiding your baback... is b back. or findingng psoriasisis can't t deny the s splendor of these t thighs. ly sotyks prov to ge peopope clearerer skin than the l leading pilill. don't takeke if you'rereergicc ly sotyks prov to ge peopope to sotot; serious s reactions s can occ. don't takeke if you'rereergicc u can n loweurur abilie to figs to sotot; inclclg tb.. ses ininfens, , cancers inining ly

amc theaters, though, are scrapping their plan to charge more money for better seats.hey chose seats closer to the screen. but the company says no one wanted the front row seats, even with a discount. it will now focus on improving front row chairs to recline more. >> meanwhile, the first reviews are in for barbie and oppenheimer. >> barbie is largely being described as funny and perfectly cast. oppenheimer is widely being hailed as one of the best movies of the year. >> we're talking oscar noms, maybe, who knows? >> next, the waiting game over. who won the billion dollar powerball jackpot. >> it could go on for a while. whoever is holding the winning ticket has one year to come forward and be vetted. >> the los angeles mini market where the winner was sold now has a sign saying billionaire made here. the owners get a million bucks for selling the ticket and witnesses say someone showed up at the store yesterday wearing a black hat, hugging people and then ran away, taking off in a bmw. some are speculating that she could be the winner. next a new way to pay at the sup

ashley: amc theaters says more than 20,000 members of the amc stubs loyalty program have purchased ticketsthe cinematic pairing captured movie goers and the bubbly barbie and nuclear bomb drama. it's a must see double feature. fans created t-shirts and posters and following marketing for both friends and the combined run time of five hours and nine minutes without the trailers and the double feature is a major commitment of time. that's a lot of time. end of june by the way, barbie was tracking for $80 million opening weekend and forecast for open oppenheimer in the $40 million range. >> may take my youngest to see barbie but not oppenheimer. i don't get the tie in. stuart: oppenheimer and barbie together for five houser. >> there's a right way to market this in my opinion and the barbie movie, a lot of people could be interested and the oppenheimer movie over to barbie and this will be a better job marketing. stuart: this morning, aren't you. best baseball players in the country and they face off tonight in the major league baseball game and in seattle. dak springer there outside of t-mob

the amc is in government today and it seems, has not forgotten. russia invests very little in africa and accounts for only one percent of the foreign direct investment into the continent. and yet russia is a major force when it comes to arms. in recent years, russia has been, by far the biggest single exporter of to the african continent. it sells more than twice as much to africa than the us to us. these arms sales are seen as giving russian significant political leverage to its customers. and then that's the most new group wagner. it's active and molly central african republic, libya and so don, popping up autocratic regimes and exchange for natural resources like gold. it is accused of operating with overprotected to committing massacres and other human rights abuses for them. the loudness founder you have gave me pretty goshen, threatened a rebellion against the russian leadership at home. but moscow says, bob and i will continue. it's operations in africa. rushes, withdrawal from the black sea grain deal has pushed up global food prices. this is expected to hit east africa, the

amc's ceo releasing a statement on twitter over the weekend, saying quote, amc hopes to implement theif the court agrees. stock is down 53% over the last year but, again, as you can see, there's still some traders that are hanging onthat one. coming up, president biden ignoring the important questions again and he's questioned about chinese hackers hitting our government institutions. we're going to talk about it. plus, the twitter bird has flown the coop. we're going to show you the new logo and the new name. it's coming up next. ♪ getting so much better all the time. ♪ it's getting better all the time. ♪ better, better, better. ♪ it's getting better all the time. ♪ better, better, better ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ book a work trip. earn onekeycash. shake some hands. do not forget to laugh. [laughing] book a get-away-from-work trip. use onekeycash. order some sides. do not disturb. join one key to earn and use rewards across expedia, hotel

. >>> amc is dropping plans to charge more for the best seats in the theatre. the company rolled out a pilot program in three theatres with plans to make it nationwide but none of its competitors were willing to play along and the chain plans to drop it altogether. amc does say most people were willing to pay for preferred seating, about 10% chose to sit outside the preferred areas because that had no additional charge. >>> trending this morning, as for the box office this weekend, expect it to focus mostly on atomic bombs and blond bombshells. >> i don't have anything big planned, just a giant blowout party with all the barbies and choreography and you should stop by. >> so cool. >> zero would be nice. >> two of the most anticipated movies of the year are finally out. "barbie" and "oppenheimer," obviously two very different movies. however, many fans aren't choosing, they're rather opting for a double feature dubbed barbenheimer. "barbie" is expected to bring in $140 million in ticket sales, while "oppenheimer" is set to grab as much as $60 million. for fans h

here's our teeth. hard to do big guns in deal from this at the 7 space center amc achieve easily, fox left on the moon. something they didn't get so far in july to be on to eventually really to angel trying to get them to space draft is going to be somewhere around to the rocket is expected to land on the sample moves ours time. so we saw landing safely on the move in fact, now the success india, the very far to explore the south pole have soft landed only in china. i'm us said young old should we, with this thing goes on food security has been the coins of citizens, indoor dress until spokes person. mindful of the rising cost of food with the immediate effect is to feed my dentist and 5 to local journalists. no local. you know who you this emergent situation and 9 here. you can you most of the strategic way to monitor the taxes in the constitution of the things is that imagine this is the kind of she can do this. some easy to use this to go on the budget since 2019 should speak to to well i had to know what would be the thing says it was me. oh, well, that was the jersey stable of th

amc says it is scrubbing the idea. >> tier level pricing in us theaters.n would have offered standard value and preferred seating options based on sightlines. how close to the middle you are. how far back you how close you are all that stuff? well, they scrapped that plan. it was considered to avoid. i'm raising all ticket prices they want to do is raise it based on where you're located. some thought it was undemocratic. others didn't want to see family split up. amc has decided he's going to test out spacious front row seating with seat recliners for better movie watching later this year. so that's and we something new there trying. >> 6.24, is a time in nearly 16,000 teslas, the model s and model x are being recalled because of seat belt issues. tesla says the front row seat belt sometimes do not reconnect properly after car maintenance. and that means of those seatbelts might not work. if you are in a crash. tesla's also announcing another recall 1300 cars because of issues from the front facing cameras. if your car is part of the tesla recall, of cours

the world's largest movie theater chain amc says it is ditching the idea that it had of sort of tier would have offered standard value and preferred seating options again, based on the best sight lines. but they scrapped that plan because of backlash. they they what they were thinking about going that way. instead of just raising all prices, they would just re select prices. but some thought it was undemocratic. others didn't want to see family split up based on, you know what they can forward. i buy my kids. chief >> amc, however, says they are going to test out, just encourage people to start buying some of those front row seats, making those wider more spacious, more recline in them to client. as you look at the nose of the actor admits will tempt weather. i hate the front seat. i-77. coming up next on the kron 4 morning news. >> levi's is laying out the rules for fans who are going to the taylor swift concert this weekend. we'll tell you what you can and can't do. >> and if you go to a park in nevado, be careful because you will not be alone, not just dogs but and residents. dogs

will make his room during sharma with more details or india it should be how you co tough chung, the amc, which is the past on the moon. something that didn't get 1019. yeah. and long some reality to go to and truly lead to endo flying again and it's going well somewhere around last august the sample moves our time. so we saw simply the rock katie with a box of chunk room 3. we made to explore the south full of moon and the 4 on the moon, after so would say to the scene from all, who do you crossed? indeed, a prob don't food security has been, did sick rises and living costs as a dental spokes person? how it affects the citizens with immediate effect or food security was insane to, to join the bottles. and i do, yeah. i am creating new is do we use the legal team kind of to use that decision? so i'm sure who sure by many stations also did that and it was a and i was i usually what this means is was that the ac prayed to develop, ration that he had and it will have to work together. so the 1st one was how start wondering dogs, the house crucial from c. d to go to the ration the reputation

amc will, however, test out new spacious front rows because hardly anybody buys those.e will be wider seats more comfortable, little softer. they recline a little part you is terrible for some, that that might tip the scales at the go. >> all right. the sparkle has faded apparently does new social media platform that was meant to compete with twitter, at least for now. we'll see how it goes in the long run. but we saw an initial surge of sign-ups for threads, but apparently that's for the second week in a row. now the number of daily users has declined falling now to just 13 million. it was a pit like 100 million people signed up for initially couple weeks ago. so that's about a 70% drop. twitter's don't call right? exes daily active users remain right around 200 million. that's story. that's another one. if you haven't heard yet, twitter is changing its name and its logo. so more on that to come. no more bird. now more twtets. a 27 right now coming up on the kron 4 morning news levi stadium. >> says no more tailgating either. if you're interested on. >> just getting as

>>> amc theaters is dropping its variable pricing plan that charged more for better seats. we'll tell you why and the change they're making instead. >>> plus, gen z latinos are going crazy for the edgar. i'll explain the (warehouse ambience) introducucing togo's's nenew french d dip sandwicics featuring fresh arartisan breae piled d high with h tender roasast beef, smsmothered wiwith melty provolone e cheese anand served w with hot auau for dipppping. try the roroast beef o or pastri french dipips today only a at togo's >>> welcome back. i've got your money watch report this morning. soon you won't need any cash when you visit your local whole foods. instead, you will pay with the wave of hand. the grocery store's parent company amazon is rolling out its palm recognition technology. it can be used for payments, loyalty programs, and entry into its stores. if you are interested, you can get started by signing up online. 200 whole foods locations have already introduced amazon one. >>> and amc will no longer charge extra for better sight line seating. the nation's largest mov

t's rooms and sharma, india launch challenge route space center in should be how you code what india amc which you could spacecraft on the moment able to achieve. so far you had long some ground to fully own lead to endo flying again and it's on the moon somewhere. august the rock it is explaining all the moon on the sample very 1st time off. it is simply they have to be on the moon with the now the success of john graham, barry force concrete, or the south full of the moon landed on the moon officer. so with union china, the country young old children, all a proud moment security had been declared in citizens, indoor drastic products person. the president is not on mindful of the president has declared with the immediate effect. it seems that the tonight is new to me that she is a tuesday. she is a business. so he probably use decision with a pretty, very inches the shadow to go home as long as this is also did that to just want to . and i have a single i is the, what this means is why is that is the end of the race. and then i called up a race to give the, to the functions as a househo

amc is dropping the price for premium seats and those in the front row.on "worldwide exchange" comi coming up after this break >> announcer: sectornomics is sponsored by spdr. >>> welcome back time for the "morning call sheet. piper sandler downgrading carvana. higher valuation will provide a longer term outlook. taking a look at shares of car sd carvana down .50% in pre-market. and evercore downgrading sirius radio following the 42% move to the upside on what was no news update sirius is the most expensive stock in the u.s. and cable universe with secular concerns about long-term growth popped yesterday down this morning. down 9%. >>> it is time for the "global briefing." swiss mining giant raising the guidance to $4 billion which is up from $3.2 billion glencore said the first few months of the russian invasion and now they normalized. >> this as price pressures in the country of japan start to broaden p with the drag from energy prices. >> chinese authorities boosting sales of automobiles and electronics with the goal of shoring up the slowing economy

amc saw a 30% increase in ticket sales according to really tracking.is expected to "oppenheimer." drew: speaking of movie theaters, not a bad place to go to beat the heat. today, warmer weather, clear skies and 80 south bay. limited fog. our hottest spots going into the 90's later on today. it feels warm around the shoreline. 60's along the coastline. later this week, excessive heat watch and warnings will go into you can make the stars align. because when we come together, hope and joy will shine. help us make every wish come true. ♪ ♪ >> building a better bay area, moving forward, finding solutions, this is abc 7 news. kumasi: attack impacting the city of hayward. many electronic correspondence won't work for now. what you need to know if you are trying to do business with the city. reggie: flood emergencies, some areas of the northeast seeing a somersworth of rain in one day. --

and amc stoops up the baby pants with formula one technology the the eye clinic trip and the prostate called road the road in call me left east. germany is fine. this time with an electric car, we met the man who dare to think co with the new story is to stretch issues to the trouble. he is a part of history start and it's really payments and hasn't cult status on. so it's great to take it into an electric future due to close to feeling because another turn does on the hop. so it's hard. core fans say it has to make that knocking sound and stink otherwise it's not a trophy is, is this guy. but of course, this electric version has a couple of practical benefits and let me look for on the face for the guns. i'm driving the whole time and 3rd gear and you know, because i don't need to really accelerate. it makes it feel a bit like an automatic, typically the what began as a hobby from a t as bad as most sides business. the actually runs a cleaning company, which is where he and his team developed a trap. the conversion kit. keep his own. go ahead, bite wings is i, we never wanted to come

. >> for your money this morning, amc drops its plan to charge more for better seats at movies. that experiment didn't last long. and mortgage rates posted the biggest decline since march. we've got jane king live at the nasdaq with those stories. hi, jane. >> hi, james. good morning. u.s.. mortgage rates have dropped for the first time in a month as inflation cools. freddie mac says the average rate on the 30 year home loan fell to 6.7, 8% from 6.9, 6%. the previous week ymc theaters dropped its plan to charge customers. different prices for different seats at the movie theater. it's been testing this pricing plan and a handful of theaters and it basically comes after have very little impact. moviegoers said there was no interest really in sitting in the front row, even though seats are very cheap. the company said it just fell. most moviegoers continue to choose the seats they preferred even at higher prices and whole foods. shoppers in the u.s. have to bring their wallets to go grocery shopping. all us whole foods, locations will be outfitted with amazon ones, palm payment sy

[jazzy big band music] ♪ ♪ - amc.hey were looking to do scripted programming for the first time. [groovy woodwind music] a manager said, "oh, i have this great script "set in the advertising world in new york. "it's been around for eight years, and nobody's bought it. everybody's passed." - advertising is based on one thing: happiness. - don draper is a master of the universe ad executive in early 1960s manhattan, but he's actually secretly a man named dick whitman. he has stolen the identity of the real don draper due to an incident during the korean war, so he's living another man's life, but he's battling his own demons at the same time, and we're seeing him rise and fall over the course of the 1960s. in a lot of ways, the most interesting arc of the show is peggy olson's career. she goes from this little church-mouse secretary to a really tough and bold and confident career woman... - i like the way she's handing out the pops. - who knows what she can do and is gonna try to get it, even during a really sexist peri

. >> outlook for amc specifically?is not a stock i cover but i think obviously the overall box office will be helpful for the theater stocks my colleague covered imax with a birating i think the box office recovery here is, you know, certainly something we hope sticks around. certainly i think we see better positioning from an imax huge towards the biggest movies. not "barbie" in this instance unfortunately. they have "mission impossible" and some "oppenheimer. in general the biggest movies are the ones that are able to cut through kind of the inertia. why people have so many things to think about what they want to do between the internet and the more experiential kind of travel and entertainment people are doing, and so these big movies sometimes break through. like the"spider-man" and "barbie" here. >> what's the future of studios? warner brothers, paramounts, universals, disneys? because it has been as you point out a tremendously challenging time that began back in the pandemic and so forth, but also because of the

amc says more than 20,000 of its loyalty program have bought tickets to watch a double feature of "barbie" and "oppenheimer" who come out next friday. fans have created t-shirts, posters and are following marketing for both films. amc saw a 33% increase over the weekend in the number of people deciding to create their own double feature, seeing both movies on the same day. "barbie" and "oppenheimer" have a combined run time of just over five hours, not including trailers. >> "oppenheimer" first. "barbie" last, because up. which one are you going to see? >> exactly, yes. "barbie." >> let's go, "barbie." kari is already ready for it. >> i guess so. the pink memo. >> we're all r for it here. >> the silvana say barbenheimer? i guess that's better than oppen dsh barbie. >> speaking of a lot, this heat, we're going to see it coming in for the next few days and it's been cool. it's about time for a change. let's get you another live look outside in san francisco. i don't know if i can get enough of this shot. it looks beautiful. we take a look from our sutro tower camera. we can see the sun risi

. >>> amc is changing plans to charge for seats in the theatre. they're saying they won't introduce the plan nationwide. they found more than 75% of people who previously bought tickets in preferred seating sections chose to sit there at a slightly higher price. there was no change for those who bought front row seats, which cost less. amc will, instead, try to attract customers to the front row by investing in better seats. better seats is a good idea. invest in better seats. >> exactly, so you don't have to stair straight up into the sky when you're sitting in the front row. and i have so many questions about that amazon palm reading, but i guess we don't have enough time. >> i don't know. we need more time for that one. >> we'll see you in a little bit again. thank you so much. >>> speaking of movies, barbenheimer's big open is this weekend. >> it's an unusual pairing. >> yes, it is. >> people have been buzzing for weeks. the debut of "oppenheimer" and "barbie," hence barbenheimer. look at that festive look, including a life-sized barbie box an

lauren: like amc. best week ever for their admissions revenue, and you know why?barbenheimer,. david: oh, to of course. let's put 'em together. lauren: people were buying a doubleheader, going to the movies for five and a half hours to see both. amc said admissions revenue was considerably more than double the same weekend last year. david: well, they'd have to pay me to see barbie with. and i still probably -- lauren: mid dad almost took my daughter the other i day, but they didn't go. david: you've got a good dad. xpeng? lauren: the stock is down 12%. they love the the collab that xpeng has with volkswagen, they say it's already priced in, and they're worried about the timing because the ev market is so competitive. xpeng is making two cars for vw, but it's going to that take a minimum of tree years to actually execute that, and three years is an eternal i think in a competitive market. david: 12.5% is not a good place to be right now. good rx -- lauren: they got an upgrade to buy -- david: ooh, 28%. lauren: they say its pharmacy benefit management partnerships

an investigation is underway. >> well, the world's largest movie theater chain amc says it's ditching the idea it had of varying the pricing based on where in the theater your seat was the plan. they had 3 different levels. they had standard. they have value. they have preferred seating but they scrapped that there was too much pushback from moviegoers. they were trying to avoid right raising prices for everybody by sort of selectively raising prices. now. so what they're going to do right now is they're actually going to try to encourage you to sit up front or at least so some of those seats more often they're going to offer more spacious front row seating. they recline better. it's going to be they say a better movie watching experience because a lot of those seats go on sold. so maybe that will change that league is still sitting looking up if you're laying on your back and >> all right. the sparkle apparently has faded his new social media platform that was supposed to compete with twitter. we're talking about twitter, james, right? it's called x how that turned out others. but th

as past ceo of amc networks. he's credited and with some of my favorite credited with building some of television's most iconic shows, including mad men breaking portlandia, killing eve. okay, listen, husband binge watched, killing i don't know, four way too long. it was like crazy i almost got him a therapist, but it was good. it was really good. he also oversaw the spinoff of amc network from cable vision to become a publicly traded company on nasdaq, most recently, he published the third act, a book that celebrates aging in all its accomplishments and grace. and tonight he is selling all these books outside and he's donating proceeds to the green space. so after the program, if you have purchased a book, please go and get a signed copy. he'll be signing copies and giving us this money, which we need to support. third are journalism and media that sparks change. ladies and gentlemen, join in welcoming the incredible josh. thank you guys all for coming out. thanks to christina. she is you heard. what's up here?

amc says advanced sales are in the movie theater chain's all-time top 20. >>> that's your "money watch cbs news, new york. >>> up next, messi mania. soccer superstar lionel messi makes his miami debut today. we'll show you how he's preparing. ing. dad, we got t this. we got t this. wewe got this.s. we g got this. we gotot this. yay! we got thihis. we gotot this! life i is for liviving. we gotot this! let't's partner r for all ofo. edward j jones psororiasis realally messess wiwith you. try. hopope. fail. no one s should sufferer like thatat. i i started cocosentyx®®. fiveve years clelear. real peoplple with psosorias look and f feel betterer wiwith cosentytyx. don'n't use if y you're allec to c cosentyx. befofore startining get checd for r tuberculososis. an incncreased risisk of infefection, somome seris and a lolowered abilility to f fight them m may oc. tellll your doctctor about t an infectition or s symptoms oror if you d a vaccine e or plan toto. tell youour doctor if your crcrohn's disesease sysymptoms devevelop or wowor. serious alallergic reaeactin mamay occur. bebest move i'i

you have people who are politicians, who i thought were suppose to be progressive, like amc calling for censorship. calling for the silence of voices that she disagrees with their people who tend to criticize her. this is a problem. any time that you have, people like margery taylor green is calling for anti censorship and just calling to stops and in the money to ukraine. that's supposed to be the perspective that comes from the left. yes, i think it happened when we come back. i want to ask you a little bit about the, the specific things that that tucker has said and done in recent weeks prior to his being well, he supposedly resigned. but as we all know, he was fired. he was let go and that's the truth of it. you stay right there. sabrina, i look forward to talking to you on the other side of the break. by the way, i should tell you, i have a pod cast where i as a journalist as a latino and as an entrepreneur or tell my story and share it with you. i also talk about what we learned about the stories that we talked about on the show. it's called rick sanchez podcast. i invite you to c

and amc stoops up the baby pants with formula one technology. c the, the eye clinic trip and the plastic tub ruled the road incoming left east. germany is fine. this time with an electric car. we met the man who debt to think of with the new story is to stretch class discussions to the trump. he is a part of the history start and it's really famous and hasn't called status. so it's great to take it into an electric future, too close to feeling better than others and turn this off the top cause. so it's hard. core fans say it has to make that knocking sound and stink, otherwise it's not a trophy is not, is this guy. but of course this electric version has a couple of practical benefits. let me look for and see the search for the guns. i am driving the whole time in 3rd gear and you know, because i don't need to really accelerate. it makes it feel a bit like an automatic the what began as a hobby from that to us. that is no us site business. the actually runs a cleaning company, which is where he and his team developed a trap. the conversion kit.