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Disney raises admission prices for its theme parks during key holidays
Reuters· 2025-10-08 20:51
Group 1 - The company will increase prices for certain tickets to its theme parks in the U.S. [1] - The price hike will occur during key holidays, specifically Thanksgiving week and New Year's Eve [1]
Tesla unveils cheaper EV models, stablecoins explained, Dunkin' president talks tariffs
Youtube· 2025-10-08 17:27
Gold Market - Gold prices have reached record levels above $4,000 for the first time, with a return of over 50% in 2025 alone [6][7][8] - Experts suggest that gold should be a permanent position in diversified portfolios, typically around 5% allocation, due to its historical role as a store of value [8][9][10] - The gold market is estimated to be $25 trillion, about half the size of the US stock market, indicating significant potential for growth as it catches up with stock market performance [11] Tesla - Tesla has unveiled cheaper versions of its Model Y and Model 3 in an effort to boost sales following the expiration of the federal EV tax credit [42][44] - Analysts predict that while these cheaper models may help sales volume marginally, a significant drop in sales is expected due to the tax credit expiration and cooling EV sales overall [43][44][48] - Concerns have been raised about Tesla's stagnant vehicle portfolio, with only one new model introduced in over five years, leading to a loss of market share to competitors [51][53] Coffee Industry - Dunkin' has opened its 10,000th US location and plans to double its footprint, targeting growth in the afternoon segment with a new pilot program [60][61][62] - The company emphasizes its market leadership in coffee sales and aims to compete effectively against rivals like Starbucks and Dutch Bros by enhancing its afternoon offerings [63][64] - Dunkin' is leveraging its rewards program and targeted offers to maintain consumer engagement and manage costs amid rising commodity prices [68][70] Luxury Housing Market - The luxury housing market is experiencing a paradox where prices are rising by 4% year-over-year, yet sales have fallen to their lowest levels in over a decade [79][80] - Economic uncertainty and concerns about a potential downturn are causing buyers to hesitate, leading to a decrease in demand despite elevated inventory levels [81][84] - Regional variations exist, with some areas like West Palm Beach seeing price increases while others, such as Tampa, are experiencing declines [86] Stable Coins - The total market capitalization for stable coins has surpassed $300 billion, with predictions that it could reach $1.5 trillion by 2030 [24][26] - Stable coins are primarily used for trading within the crypto markets, cross-border payments, and digital commerce, providing a stable alternative to more volatile cryptocurrencies [27][28] - Major players in the stable coin market include Tether and Circle, which together control over 80% of the market, with significant backing from US Treasury bills [29][30]
Disney hikes theme park ticket prices across the board again — as cost of passes double in past decade
New York Post· 2025-10-08 12:48
Core Insights - The Walt Disney Company is increasing ticket prices for its theme parks, Disney World and Disneyland, effective Wednesday, reflecting rising labor costs and ongoing park expansions [1][7][15] Ticket Price Increases - Disneyland's Tier 6 one-day pass has increased by $18 to a record $224 per adult, marking a 126% increase over the past decade [2][6] - The five-day Park Hopper ticket has risen by $39 to $655, representing nearly a 108% increase in 10 years [2] - Annual passes have also seen significant hikes, with the Inspire Key rising $150 to $1,899 and the Believe Key increasing $100 to $1,474 [3][9] Additional Costs - At Walt Disney World, peak one-day tickets have surpassed $200 for the first time, increasing by $10 to $209 [3] - Parking fees have risen by $5, now costing $35 for both standard and preferred parking [6] Visitor Impact - A family of four could now spend nearly $900 for a single busy-day visit to Disneyland, excluding food, souvenirs, or parking [8] - Social media reactions indicate frustration among long-time parkgoers, with some stating they will not renew their annual passes [9][10] Financial Performance - The theme parks division generated $8.12 billion in profit this year, significantly outperforming Disney's film, streaming, and sports businesses combined [13][14]