This summer has brought a resurgence for movie theaters—and IMAX is winning big.

Shares of IMAX reached an all-time high Monday as demand for “The Odyssey” made July its highest grossing month ever. IMAX’s stock has surged 30% since the release of the film, which is the first major commercial release shot entirely on the cinema firm’s large-format cameras.

And the movie theater party is still going with “Spider-Man: Brand New Day,” which just had the biggest opening weekend in box office history.

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As the AI race between the U.S. and China heats up, Chinese tech giant Alibaba introduced its new AI model that it claims is comparable to or better than the latest offerings from Anthropic’s Fable and OpenAI’s ChatGPT.

Billionaire Michael Saylor’s Strategy offloaded bitcoin last week in a move that raised over $100 million, as the cryptocurrency has faltered in the months since reaching an all-time high last October.

Boeing shares surged 8% as the FAA certified its 737 MAX-7 model after a decade-long review, and scrutiny of the company’s aircraft following the 2024 Alaska Airlines door plug blowout.

OpenAI pushed back against Apple's trade secrets lawsuit in a blog post early Tuesday, challenging the iPhone-maker’s bid to gain a preliminary injunction involving two former Apple employees and alleged confidential information. The company called Apple “one of the greatest companies,” but described the lawsuit as “careless, aggressive and oddly........

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