This image released by Lionsgate shows Ryan Reynolds, left, and Samuel L. Jackson in a scene from "The Hitman's Wife's Bodyguard." “The Hitman’s Wife’s Bodyguard” strikes the top box office target. The Lionsgate’s film starring Ryan Reynolds, Samuel L. Jackson and Salma Hayek brought in $11.6 million domestically to claim the No. 1 spot in its debut. (David Appleby/Lionsgate via AP)
LOS ANGELES (AP) — “The Hitman’s Wife’s Bodyguard” struck the top box office target.
The Lionsgate’s film starring Ryan Reynolds, Samuel L. Jackson and Salma Hayek brought in $11.6 million domestically to claim the No. 1 spot in its debut. The action-comedy — which appeared in 3,331 locations — is the follow up the 2017 breakout hit “The Hitman’s Bodyguard.”
The “Hitman” sequel notched “A Quiet Place Part II,” which took hold of the second spot in its fourth weekend of release. The Paramount horror-thriller, which stars Emily Blunt and was directed by John Krasinski, earned $9.4 million. The film became the first of the pandemic era to reach $100 million domestically.
This weekend, “Godzilla vs. Kong” became the second movie of the pandemic to cross $100 million. The film has garnered more $442.5 million worldwide.
Meanwhile, the Jon M. Chu-directed “In the Heights” continued to struggle. The adaption of Lin-Manuel Miranda’s Broadway musical dropped a few slots to sixth this weekend.
The Warner Bros. film earned more than $4.2 million, a 63% drop from the previous week. The critically-acclaimed musical film has recently been called out for its lack of dark-skinned, Black Latinos in leading roles.
However, Paul Dergarabedian, senior media analyst for Comscore, believes the movie fell victim to lofty expectations. He said musicals often take a while to develop an audience.
“There were so many things going on with this film,” Dergarabedian said. “There were very high expectations when it opened last weekend. And because of the strong reviews, I think there were some overblown expectations. With the big projections, people were emotionally tied to the movie. The box office projections were overblown. That set unrealistic expectations.”
“Peter Rabbit 2: The Runaway” placed third in the box office with $6.1 million, while “The Conjuring: The Devil Made Me Do It” claimed the fourth spot with $5.15 million. It barely edged the Emma Stone-led “Cruella,” which came in fifth with $5.1 million.
“Spirit Untamed,” “12 Mighty Orphans,” “The House Next Door: Meet the Blacks 2” and “Wrath of Man” rounded out the top 10.
Dergarabedian expects a big weekend for Universal Pictures’ “Fast and Furious” new installment “F9,” which releases in domestic theaters June 25. The film starring Vin Diesel, Michelle Rodriguez, Tyrese Gibson, Ludacris and Jordana Brewster has already earned nearly $300 million internationally.
“This is about winning over audiences who watched a lot of content on the small screen,” he said. “Now, they will be able to see a movie that has been long delayed, but is tailor made for the big screen and that theater communal experience. Escapism will be the watch word when it comes to Furious 9.”7 Stocks to Watch When Student Debt Forgiveness Gets Passed
Now that the Biden administration is fully in charge, student debt forgiveness has moved to the front burner. Consider these numbers. There is an estimated $1.7 trillion in student debt. The average student carries approximately $30,000 in student loans.
If $10,000 of student debt were to be canceled, there are estimates that one-third of borrowers (between 15 million to 16.3 million) would become debt-free. Of course, if the number hits $50,000 as some lawmakers are suggesting the impact would even greater.
Putting aside personal thoughts on the wisdom of pursuing this path, it has the potential to unleash a substantial stimulus into the economy.
And as an investor, it’s fair to ask where that money would go. After all, there’s no harm in having investors profit from this stimulus as well.
A counter-argument is that the absence of one monthly payment may not provide enough money to make an impact. However, Senator Elizabeth Warren referred to the effect student loans have in preventing many in the millennial and Gen-Z generations from pursuing big picture life goals such as buying a house, starting a business, or starting a family.
With that in mind, we’ve put together this special presentation that looks at 7 stocks that are likely to benefit if borrowers are set free from the burden of student loans.
View the "7 Stocks to Watch When Student Debt Forgiveness Gets Passed"