Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Stocks in major Asia Pacific markets made strong gains on Friday, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease...Asia Marketsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
"We're the first one to grab a license, we're the first one to have the product in the marketplace and our category, so we think we have a competitive advantage there," Mariotti said on "Mad Money." "Early sell-throughs seem very, very positive. I think this is going to be a great property for us."
One of the most-played games on the internet, Fortnite has toymakers racing to create products around its wildly popular brand. Hasbro also recently announced a partnership with its publisher, Epic Games, to create a Fortnite-themed Monopoly game.
Funko, whose popular big-headed dolls have taken the world by storm, sells various licensed collectibles tied to everything from sports to movies to music. Shares of the toymaker were down 21.45 percent by day-end on Friday after an earnings report that disappointed Wall Street.
Calling his company "an index fund of pop culture," Mariotti argued that his company's disruptive, passionate ethos and strong retail partnerships would help Funko's business this holiday season.
"We're in a great position inventory-wise with our retail partners, sell-through-wise with our retail partners," the CEO said, adding that Funko is positioned "better year-over-year than we were last year."
"The appetite for our product is amazing on a global basis," he told Cramer. "We're in great position for Q4 and we love what 2019 looks like."
Funko is also exploring opportunities to move its factories out of China, but Mariotti stressed that tariffs aren't the deciding factor.
"We're not really concerned about the tariffs and that's not really our primary decision-making on why we're moving," he said. "We're looking for the best factories that move the fastest, the highest quality, the best price, the most consistent production. It just happens to be a lot of that is working outside of China, and we figure by the end of next year, we should be about 70 percent of our manufacturing should reside outside of China."
Funko's stock closed at $15.67 a share on Friday. Despite the stock's 21-plus-percent decline after earnings, shares are still up more than 135 percent for the year.