Stock Markets ^{As of 11/25 4:35 PM CST}

Top News

Thanksgiving travel and traffic: Best and worst times to drive and fly

AAA forecasts 79.9 million people will travel for Thanksgiving, a 1.7 million increase from last year. Air travel is expected to be the busiest ever, with 36.5 million seats booked between Nov. 23 and Dec. 3, and the busiest day to fly will be Dec. 1. Road travel will also break records, with 71.7 million people traveling by car, and the worst driving times will be the afternoons of Nov. 25-27, with lighter traffic on Thanksgiving Day.

Dow jumps 400 points to new record close, Russell 2000 hits all-time high after Trump makes Treasury pick

On Monday, a broad stock rally propelled the Dow Jones Industrial Average, S&P 500, and Russell 2000 indices to new record highs. Investors were optimistic about President-elect Donald Trump's nomination of Scott Bessent, a hedge fund manager, for Treasury Secretary, believing he would guide the economy without sparking inflation. The Dow rose 440.06 points (0.99%) to 44,736.57, the S&P 500 gained 0.3%, and the Russell 2000 surged 1.47%, with over 75% of S&P 500 stocks trading higher.

Tesla appears to be building a teleoperations team for its robotaxi service

Tesla is building a teleoperations team as it prepares to launch its robotaxi service, hiring a software engineer to develop a system for remotely controlling the vehicles and humanoid robots. This marks a shift from Tesla's previous emphasis on achieving full autonomy without human intervention, signaling a more practical approach to deploying robotaxis on public roads. Teleoperations, which are already used by companies like Waymo, are seen as essential for handling edge cases and providing valuable data for refining autonomous driving systems.

RGV: Neither Afraid, Nor Playing With Loopholes

Ram Gopal Varma (RGV) is at the center of controversy over his legal situation. Despite speculation that he is hiding out of fear, sources suggest RGV is not scared but following legal advice while focusing on his creative projects. The legal case against him is seen as flimsy by experts, and RGV is using the media to highlight legal processes, with some pointing out the procedural differences in his case compared to other recent arrests.

IPL 2025 Mega Auction: Teams Spend Rs 639.15 Crore On 182 Players; Rishabh Pant Most Expensive Buy

The IPL 2025 mega auction concluded with franchises spending Rs 639.15 crore on 182 players. Rishabh Pant, Shreyas Iyer, and Venkatesh Iyer were the top three expensive buys. Notably, 13-year-old Vaibhav Suryavanshi became the youngest player to be picked, while Yuzvendra Chahal became the most expensive Indian spinner. Day 2 saw a surge in bidding for Indian pacers like Bhuvneshwar Kumar and Deepak Chahar.

Movie News

Theatrical Long Runs For The Films Are Back In Tollywood In 2024

This year, several Telugu films had notable theatrical runs, reviving hopes for the survival of cinemas. Films like Hanuman, Tillu Square, and Kalki 2898AD achieved strong box-office performances, with some running for over a month. Even smaller films like Committee Kurrollu and Aay gained traction through positive word of mouth. The success of these films, including upcoming releases like Pushpa 2: The Rule, suggests the potential for a revival of long theatrical runs in the Telugu film industry.

Varun Tej is in no hurry to announce his next

Varun Tej, known for choosing content-driven films, is taking his time to select his next project after the failure of his recent films, particularly Matka. Despite discussions with several directors, he is not rushing to announce any new projects. Rumors suggest he may collaborate with Merlapaka Gandhi, but no official confirmation has been made yet. He plans to announce a new film only when confident in its content.

'Lucky Baskhar': OTT release date announced

Lucky Baskhar, a con-man thriller starring Dulquer Salmaan, will be available on Netflix from November 28 in multiple languages. The film follows Baskhar Kumar, a bank employee who turns to unethical financial schemes out of desperation and greed. As his criminal activities escalate, he faces a CBI investigation led by Sai Kumar. The film, directed by Venky Atluri, was a theatrical hit and entered the Rs 100 Cr club.

Theatre Releases

Source: Filmibeat