Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
With uncertainty keeping a lid on U.S. stocks, Ed Clissold of Ned Davis Research says the rest of 2019 is likely to be a "choppy," but somewhat opportunistic, ride for...Futures Nowread more
This week marks the 22-year anniversary of one hugely successful film's release and is also the release of that franchise's newest installment: "Jurassic World." While the second and third installments of the "Jurassic" franchise were relative flops, the fourth film is predicted to earn big during its opening weekend.
But "Jurassic World" may find it difficult to stack up to the overwhelming success of the franchise original.
"Jurassic Park" grossed $1,038,812,599, according to Box Office Mojo, which tracks statistics for the film industry. This was enough to surpass Spielberg's "E.T." as the biggest hit movie of all time, a record it held for nearly five years, until "Titanic" was released. "Jurassic Park" ultimately cost $63 million to make and another $65 million to market.
"Jurassic World" is seen making $120 million its opening weekend and ultimately to gross $800 million to $900 million, said Phil Contrino, vice president and chief analyst of BoxOffice.com. "The first film is such a big part of our culture that it'll be hard for 'Jurassic World' to match it. The one thing it can do well is bring the franchise to life for a new generation of fans," he told CNBC.
While Contrino isn't banking on the film hitting the $1 billion mark, he does express optimism for its public debut: "This is a fresh take with new characters, and that's definitely going to help it at the box office. The paying public is clearly ready for this franchise to be rebooted."
Disclosure: "Jurassic Park" and "Jurassic World" were produced by Universal Studios which, like CNBC, is owned by Comcast.