Wall Street hangs around its records as the AI boom keeps growing

Wall Street hangs around its records as the AI boom keeps growingNEW YORK (AP) — The U.S. stock market is ticking toward more records Tuesday as winners of the artificial-intelligence boom keep driving higher.

The S&P 500 rose 0.2% a day after setting its latest all-time high. The Dow Jones Industrial Average was up 140 points, or 0.3%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.2% higher. All three indexes erased modest losses from earlier in the morning.

AI chip companies helped drive the market upward. Their growth has skyrocketed because of how hungry customers are for more AI computing power, and Broadcom rose 4.4%, while Nvidia added 0.7%.

Marvell Technology leaped 28.4% toward its best day in three years after Nvidia’s CEO, Jensen Huang, suggested at a conference in Taiwan that Marvell could be “the next trillion-dollar company.” The latest entry into the growing club was last week by Micron Technology, which is likewise riding the AI wave. Nvdia’s total value, meanwhile, has exploded over $5.8 trillion.

Hewlett Packard Enterprise’s stock soared 23.3% after it reported a profit for the latest quarter that blew past analysts’ expectations. It credited demand from customers building their AI capabilities.

Generac climbed 5.7% after saying it signed a deal to provide backup power generators to an unnamed “leading hyperscale data center operator.”

Such “hyperscalers” are spending tremendous amounts of money to build the huge AI data centers that are powering what proponents believe will be the next great revolution for the global economy.

Alphabet is one of them, and the parent company of Google said it’s raising $80 billion in cash to help pay for its investments by selling shares of its stock. It’s planning to spend as much as $190 billion on equipment and other investments this year.

That’s more than all the stock of The Walt Disney Co., is worth, and Alphabet is forecasting its spending on investments next year will “significantly increase.”

Such huge sums raise the question about whether AI can produce the profits and productivity necessary to make all the investment worth it. Critics have already been talking about the possibility of a bubble in AI investment, and Alphabet’s stock fell 1.8%.

Analysts have been saying the broad U.S. stock market may be set for a slowdown following an unrelenting streak of nine straight winning weeks for the S&P 500, its longest since 2023. The rally has been due to strong profit reports from U.S. companies, as well as hopes that the United States and Iran will reach a deal to reopen the Strait of Hormuz. That would allow oil to flow freely again from the Persian Gulf and hopefully lower its price.

In the oil market, prices were calmer following Monday’s bounce back. Brent crude oil, the international standard, fell 0.3% to $94.67 per barrel, though that’s still well above the roughly $70 level it was at before the war.

In the bond market, Treasury yields were relatively steady.

The yield on the 10-year Treasury slipped to 4.45% from 4.47% late Monday. It briefly jumped after a report said that U.S. employers were advertising many more jobs at the end of April than economists expected, a potential signal of continued health for the U.S. labor market. But it quickly pulled back to where it was just before the report’s release.

High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments. They have already forced the average long-term U.S. mortgage rate to its most expensive level in nine months, and they could curtail companies’ borrowing to build the AI data centers that have supported the U.S. economy’s growth recently.

In stock markets abroad indexes rose across much of Europe and Asia.

Hong Kong’s Hang Seng jumped 2.5% for one of the world’s biggest moves.

Stay cool during extreme summer heat

Stay cool during extreme summer heatTYLER — As summer temperatures reach a high in East Texas, it’s important to stay safe and keep yourself protected in extreme heat. Our news partner KETK has put together a guide to staying safe and cool in these hot temperatures. Extreme heat is defined as a period of high heat and humidity with temperatures above 90 degrees for at least two to three days, according to Ready, a U.S. government campaign designed to educate the American people. Children, those older than 65, and people who are sick or overweight, are at a greater risk of heat-related illness. Humidity helps to increase the feeling of heat, experts say.

UT Health Sports Medicine physician, Dr. Robert French, said to prevent heat cramps, “Hydrate in the morning, hydrate during activity, hydrate after activity. Having that pre-hydration part down before you start practice is the more important thing.” Dr. French said. Continue reading Stay cool during extreme summer heat

Robert De Niro praises Ariana Grande’s ‘Focker-In-Law’ performance: ‘Very professional’

'Focker-In-Law' poster (Universal Pictures)

Robert De Niro enjoyed working with Ariana Grande on their upcoming comedy Focker-In-Law — but he has yet to see her in Wicked, the movie that earned her an Oscar nomination.

Speaking to Entertainment Weekly, the legendary actor said, "I didn't see her movie, and I still am trying to see it, believe it or not, but I want to see it. I'm going to see it with my daughter. And she's, of course, seen it."

Despite missing Wicked, De Niro tells EW he was aware of Ariana because "I had seen her in some stuff with my daughter, some sitcom thing she had done. I'm forgetting the name. My kid was into that. I was aware of her then and, of course, aware of her in other ways. She was great."

De Niro was likely referring to one of Ariana's Nickelodeon shows, Victorious or Sam & Cat.

The actor, who's 82, praised Ari's work in Focker-In-Law as Olivia, the girlfriend of Henry Focker, who's the grandson of De Niro's character, Jack.

"She was very professional," he says. "She's terrific and very quick and got it all. She was very much part of the whole process."

"I liked her. Nice kid."

Focker-In-Law is in theaters Nov. 25.

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Alex Jones faces setback in Sandy Hook lawsuits

AUSTIN (AUSTIN AMERICAN-STATESMAN) – In the litigation from false claims that the Sandy Hook Elementary School shooting was a government hoax, attorneys for Alex Jones and Free Speech Systems LLC, the Austin-based parent business of his Infowars media platform, returned to state court to contest collection efforts. In order to postpone efforts to sell or license Infowars assets to pay the Sandy Hook families, his counsel argued that the judge should impose a nominal bond. According to decisions in Connecticut and Texas, Jones owes the families around $1.5 billion.

Judge Maya Guerra Gamble of the State District Court in Austin stated that in order to continue delaying an order to start paying them, he must post a $4.3 million bond. The Onion, a satirical media site, may be able to purchase or license Infowars if he is unable to make the bond. However, the Texas 3rd Court of Appeals will make that determination. Last month, it ordered stays on collections in both the Connecticut and Texas rulings.

The judge rejected the testimony of Jones’s and the company’s attorneys last week that he has a negative net worth of $1.35 billion. In her decision on Friday, she stated that she “had no faith in the integrity of evidence given by (Free Speech Systems) as to its own net worth.”

‘Disney Celebrates America’ lineup announced for America’s 250th anniversary

ABC News' David Muir will lead 24 hours of coverage to mark America's 250th anniversary on July 4, 2026. (ABC News)

Disney is bringing its magic to America's 250th anniversary celebration with a series of special events, including a live concert in Nashville, one-of-a-kind experiences at Walt Disney World and Disneyland Resort and a two-hour primetime special on ABC.

The company-wide initiative, Disney Celebrates America, will also include a 24-hour multiplatform broadcast led by World News Tonight anchor David Muir that will take viewers across all 50 states beginning Friday, July 3 through Saturday, July 4.

The cross-platform broadcast will span ABC, Disney+, Hulu, National Geographic, FX, Freeform, ABC News Live, ESPN, and ABC Owned Television Stations and affiliates and will feature anchor Diane Sawyer, Good Morning America co-anchors Robin Roberts, George Stephanopoulos and Michael Strahan, Nightline co-anchors Juju Chang and Byron Pitts, 20/20 co-anchor Deborah Roberts and Prime and WNT Sunday anchor Linsey Davis.

On Monday, June 29, 20/20 anchor Deborah Roberts and ABC News national correspondent Will Reeve will host a two-hour primetime special, Disney Celebrates America: The Pursuit of Happiness, reporting from Walt Disney World and Disneyland Resort, respectively.

The special will air from 8-10 p.m. ET/PT across ABC, Disney+, Hulu, National Geographic, and ABC News Live.

Disneyland Resort in California and Walt Disney World in Florida will also celebrate America's 250th anniversary with the launch of "Soarin’ Across America" at EPCOT and Disney California Adventure Park, patriotic lighting on Spaceship Earth at EPCOT, special performances and decor and limited-time merchandise, food and beverages leading up to July 4.

Disney Parks will continue the celebration with community events and offerings honoring veterans and military families.

In Nashville, Disney Celebrates America: Nashville’s Star-Spangled Bash will feature live music performances and one of the largest fireworks and drone shows in the U.S. set to a live score by the Nashville Symphony.

As part of the celebration of America, National Geographic and ABC News will also, between now and July 4, unveil a new list, “Seven Natural Wonders of America,” highlighting seven awe-inspiring locations across the country.

“As our nation marks its 250th anniversary, ‘Disney Celebrates America’ is our way of honoring this historic milestone by celebrating the people, places, and shared moments that define who we are,” Ken Potrock, president of major events integration for The Walt Disney Co., said in a statement Tuesday.

“Through immersive and creative park experiences and unprecedented broadcast moments, Disney invites everyone to come together and celebrate America in a truly meaningful way by reflecting on where we’ve been and imagining the extraordinary future we can create together.”

The Walt Disney Co. is the parent company of ABC News.

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Mullin to face Senate grilling on DHS budget, immigration crackdown and World Cup worries

WASHINGTON (AP) — Homeland Security Secretary Markwayne Mullin is slated to appear Tuesday in the Senate to answer questions about the agency’s budget, at a time of intense scrutiny about how the Trump administration is carrying out immigration enforcement and preparing for the World Cup.

Mullin’s appearance at the appropriations subcommittee on homeland security comes as the Senate is weighing legislation that would fund immigration enforcement agencies through the end of President Donald Trump’s term in a maneuver that would bypass the need for support from Democrats, who have demanded restraints before agreeing to fund the agencies.

But, the attempt to fund those two agencies for the long term has been stalled over separate Republican opposition to a $1.776 billion settlement fund to compensate Trump allies who believe they have been politically prosecuted.

Mullin, who was tapped by Trump to lead Homeland Security after his predecessor Kristi Noem was fired, is appearing in the Senate Tuesday for the first time since his confirmation hearing in March.

The hearing also comes at a time when Mullin, who projected himself as a steadying hand at a department wracked by instability during Noem’s tenure, has set the travel industry on edge with threats to withdraw U.S. Customs and Border Protection officers from airports in so-called “sanctuary cities.”

Such a move could upend international travel at a time when millions of visitors are gearing up to come to the U.S. for the World Cup.

Mullin said during a news conference Monday that if needed, he has a plan to pull CBP officers from airports to help with security at the Delaney Hall ICE facility in Newark, New Jersey, where demonstrators have been protesting conditions inside. But he said the state is working to provide security there so it’s not needed right now.

New Jersey state police on Friday relieved federal immigration enforcement agents who had been facing off against protesters at the facility for days. The mayor of Newark Sunday also imposed a curfew around the center.

“As long as we continue to have this partnership with local and state law enforcement then there will be no need to do so,” Mullin told reporters during a news conference in Dallas Monday, in response to questions about whether he would be pulling CBP officers from airports.

Mullin can also expect to face questions over a recent announcement from U.S. Citizenship and Immigration Services that demands that most green card seekers apply for permanent residency from their home country, changing longstanding policy that allowed them to do so from the U.S. and prompting widespread confusion among immigration lawyers and their clients.

Investigation into allegations of medical neglect by detainees in ICE custody

EL PASO (AP) – An investigation by KFF Health News and The Associated Press has found that hundreds of detainees across at least 33 states allege immigration detention facilities are failing to provide adequate medical care.

Detainees allege they didn’t receive medications on time — or at all — for conditions including high blood pressure, diabetes, depression, epilepsy, Parkinson’s and HIV. Requests for help went unanswered for weeks. Blood sugars rose. Infections festered. Cancers remained untreated. Detainees collapsed and had seizures.

U.S. jails and immigration detention centers have long struggled to meet the medical needs of the people in their charge. But the system is sagging under an influx of detentions since President Donald Trump returned to office: More than 75,000 immigrants were being detained by U.S. Immigration and Customs Enforcement as of mid-January, up from around 40,000 a year earlier.

KFF Health News and AP asked the Department of Homeland Security to respond to the findings six days before publication but it did not provide comment. DHS acting chief medical officer, Sean Conley, previously said “it is both policy and longstanding practice for aliens to receive timely and appropriate medical care from the moment they enter ICE custody” and that the department recruits healthcare professionals to maintain high standards. “This is better, more responsive healthcare than many aliens have ever received in their entire lives,” he has said.

Individual facilities and private prison companies contracting with DHS that responded to requests for comment on this story said they follow ICE standards and detainees receive adequate medical care when it is required. Some said they were unfamiliar with the allegations outlined in court documents; others blamed the detainees themselves for lapses in their medical care.

KFF Health News and AP analyzed thousands of court cases filed since Trump’s second inauguration that use a legal route known as habeas corpus to argue people are being held illegally by ICE. The records offer a rare window into how those detained say — often under penalty of perjury — ICE is handling their medical needs. Reporters also interviewed more than 50 detainees, family members and lawyers.

The investigation revealed that medical neglect is alleged across the sprawling detention system, including in offices not designed to house people, county jails and quickly staged sites with nicknames such as “Alligator Alcatraz.”

The full story can be read here. Here are the takeaways:

Sick people remain detained

Previously, detainees with serious medical needs would likely have been released on humanitarian parole, in part to avoid the cost of their care, Vermont attorney Andrew Pelcher said.

Now, under “mandatory detention,” people are staying locked up with serious — and expensive — conditions.

A Romanian citizen underwent several heart surgeries, including an emergency triple bypass in April 2025, before he was arrested in July. As part of his recovery, the 52-year-old was required to take 16 daily medications. While detained by ICE in Baltimore, his court filings allege, he went two days without any medication before officials moved him to a facility in New Jersey.

The AP and KFF Health News are not naming anyone identified in court documents without their consent.

He was hospitalized three times with chest pains, in part because the detention center did not provide all his medications despite “countless requests,” medical records and court documents say. Hospital discharge papers cited by his lawyer show he received only eight of the 16 medications after his second release from the hospital.

Several weeks later in August, he had a stroke while on a video call with his daughter, according to court filings. “He was struggling to breathe, and was pointing at his chest where he was again experiencing pain, and suddenly stopped speaking.” His daughter screamed for help through the video monitor, according to his petition. “Eventually an officer came in to assist him and cut the feed.”

The man lost his ability to speak for four days, the document says. He was returned to detention, where he remained until a federal judge ordered his release in November.

Desperate families try to help from afar

Detainees receiving inadequate healthcare have little recourse. The Department of Homeland Security last year gutted the Office of the Immigration Detention Ombudsman. In early May, they shut the office entirely arguing that Congress didn’t fund it.

Ombudsman staffers used to help facilitate medical care or investigate complaints of neglect, according to Matt Boles, an immigration attorney in Georgia. Now, he said, there’s no one to call.

Meanwhile, detainees’ families said they feel helpless, making desperate calls to facilities, the government and their legislators while watching their loved ones deteriorate.

Riya Khan saw her mother get sicker at the California City Detention Facility, which is owned by CoreCivic, a private prison company. When she visited a week after her mother arrived at the facility in the Mojave Desert, Riya said, the 64-year-old woman was shaking as she stumbled into her seat. Her breathing was labored.

Masuma Khan came to the U.S. from Bangladesh in 1997. Like 70% of those in detention, Khan has no criminal history. She was detained in October when she showed up for her regular ICE check-in.

For the month she was detained, according to her daughter, she only intermittently received her medications for conditions including high blood pressure, hypothyroidism and prediabetes.

CoreCivic treats chronic conditions in line with applicable medical standards, spokesperson Brian Todd said.

“Nothing matters more to CoreCivic than the health, safety and well-being of the people in our care,” Todd said.

Khan said she got her asthma medication for the first time two days before she was released and her eye drops for glaucoma never arrived. Staffers told Khan she needed to buy some of her medications from the commissary but it didn’t stock them, her daughter said.

‘Brazen indifference to really obvious problems’

Dora Schriro, who worked for ICE and now serves as a special adviser to the American Bar Association, said case law requires the government to treat people in immigration detention with the same care it affords those in traditional jails awaiting trial. But administrators are granted discretion and medical care standards vary.

Detainees are frequently moved across the country, often without warning, interrupting treatment. A woman from El Salvador said she missed a week of HIV medication when she was transferred from Colorado to a county jail in Wyoming.

A Russian man wrote that, while detained in Texas, he saw a gastroenterologist about his painful gallstones and scheduled an appointment with a surgeon. “Unfortunately, I never got to see him, due to my being moved around various detention centers.”

Advocates say that even obvious disabilities, like legal blindness, are ignored.

A detainee who lost one eye and had severe glaucoma in the other required twice-daily drops to maintain what vision remained. But, he said, some days the drops never came.

He wrote that his vision was quickly deteriorating, and he was scared he’d lose it entirely and never be able to see his infant son again.

Downtown revitalization update

TYLER – As the City of Tyler celebrates the completion of phase one of their downtown revitalization plans, the intersection of North College Avenue and West Erwin Street will remain closed until further notice. “Due to a construction delay over the weekend, the streets originally scheduled to reopen on Monday, June 1, will remain closed temporarily,” the City of Tyler said. “The contractor was unable to complete the work as planned, which has delayed the final steps needed to safely reopen the area.” Continue reading Downtown revitalization update

In brief: Harlan Coben’s ‘I Will Find You’ trailer and more

The official trailer for Harlan Coben’s I Will Find You has arrived. Netflix will release the series on June 18. The show follows an innocent father serving life in prison for the murder of his own son. He breaks out of prison after he discovers his child may still be alive. The series stars Sam Worthington, Britt Lower, Milo Ventimiglia, Logan Browning and Chi McBride ...

Outlander: Blood of My Blood season 2 has received a new teaser trailer. Starz will premiere the second season of the Outlander spinoff series on Sept. 18. The trailer shows off the continued love stories of Henry Beauchamp and Julia Beauchamp, as well as Brian Fraser and Ellen MacKenzie. The trailer reveal came on Monday, June 1, which is also known as World Outlander Day, as it's the anniversary of the first Outlander book being published ...

Zoë Kravitz is set for Megan Park's next film. Deadline reports that Kravitz will star in the lead role in Apple's upcoming movie from director Park. The film, which is currently untitled, is also keeping its logline under wraps. Park will executive produce and direct from a script she wrote ...

Copyright © 2026, ABC Audio. All rights reserved.

Kristin Davis, Tig Notaro cast in ‘Beach Read’ film adaptation: Report

Kristin Davis attends the 'And Just Like That…' season 3 photocall at Hotel Napoleon on May 29, 2025, in Paris, France. (Pascal Le Segretain/Getty Images) | Tig Notaro attends the 98th Oscars at Dolby Theatre on March 15, 2026, in Hollywood, California. (Frazer Harrison/WireImage via Getty Images)

Kristin Davis and Tig Notaro are joining the Emily Henry rom-com universe.

The actors have joined the cast of the film adaptation of the bestselling novel Beach Read, Deadline reports. They join Bridgerton actress Phoebe Dynevor and The White Lotus' Patrick Schwarzenegger, who are set to star in the film, as well as Andie MacDowell and Kevin Bacon. Production will begin on the picture in June.

ABC Audio has reached out to 20th Century Studios for confirmation.

Beach Read follows the character January Andrews, a romance novelist who struggles with writer's block due to her grief after the death of her father and her discovery of the secrets he kept.

January spends the summer at her father's Michigan beach house as she prepares to sell it. While there, she reconnects with Gus Everett, a fellow author and her formal college rival. The pair spark an unexpected romance after they agree to partake in a writing challenge to get them out of their respective writing ruts.

Yulin Kuang, who co-wrote the Netflix film adaptation of Henry's novel People We Meet on Vacation, will direct Beach Read for 20th Century Studios from her own script.

This is the latest adaptation of one of Henry's works, following the release of People We Meet on Vacation in January. Three of her other novels — Book Lovers, Funny Story and Happy Place — are also currently being adapted for the screen.

Disney is the parent company of ABC News and 20th Century Studios.

Copyright © 2026, ABC Audio. All rights reserved.

$4K reward in Tyler child shooting case

K reward in Tyler child shooting caseTYLER – A 5-year-old child is currently in critical condition at a hospital in Dallas after they were shot at an apartment in Tyler on Friday night. The FBI is now offering up to $4,000 for information leading to the arrest and conviction of the suspect involved in the shooting. People are urged to call the FBI at 1-800-CALL-FBI or submit a tip online at tips.fbi.gov. The Tyler-Smith County Crimestoppers is also offering up to $2,000 through June 5, which can be submitted anonymously by calling 903-597-CUFF (2833) or online at CUFF903.org.

The Tyler Police Department said the case is still under investigation.

According to the Tyler Police Department, officers responded to a reported shooting in an apartment complex at 2700 N. Grand Avenue at around 10:45 p.m. on Friday. The officers arrived at the scene and found that a five-year-old had been shot. Continue reading $4K reward in Tyler child shooting case

Reopening of roadways postponed

Reopening of roadways postponedTYLER — As Downtown Tyler continues their improvement project, several roadways that have been closed throughout the construction were expected to reopen on Monday, but will be forced to remain closed due to delays.

“Due to a construction delay over the weekend, the streets originally scheduled to reopen on Monday, June 1, will remain closed temporarily,” the City of Tyler said. “The contractor was unable to complete the work as planned, which has delayed the final steps needed to safely reopen the area.”

According to our news partner KETK, once the roadways are reopened, drivers should be cautious due to new traffic patterns issued across downtown.

The intersection of North College Avenue and West Erwin Street was originally slated to reopen on Monday, but is now uncertain when the street will reopen as the city enters phase two of its downtown improvement project. After reopening, West Erwin Street will operate as a two-way road, allowing drivers heading north on North Broadway Avenue to turn left onto West Erwin Street. Continue reading Reopening of roadways postponed

State sales tax revenue totaled $4.5 billion in May

AUSTIN — Acting Texas Comptroller Kelly Hancock said Monday state sales tax revenue totaled $4.5 billion in May, 6.6 percent more than in May 2025. The majority of May sales tax revenue is based on sales made in April and remitted to the agency in May.

“State sales tax collections showed solid growth well above the rate of general price inflation last month, driven in large part by strong increases in certain sectors influenced by business spending,” Hancock said. “Results from nearly all major economic sectors were positive.”

Receipts from the sectors mainly affected by business spending were overall very robust compared with a year ago, with the manufacturing and construction sectors both exhibiting growth of more than 15 percent. Remittances from the wholesale trade sector came in nearly 6 percent more than their May 2025 total. Collections from the mining sector were down slightly.

Among the large sectors driven primarily by consumer spending, remittances from the largest sector, retail trade, were up more than 3 percent compared with last May, and remittances from the services sector increased by more than 8 percent. Within the retail trade sector, collections from electronic shopping outlets were up more than 13 percent and general merchandise stores remitted nearly 2 percent more than in May 2025.

Receipts from restaurants were up 4.3 percent from a year ago, above the rate of inflation for food away from home.

Total sales tax revenue for the three months ending in May 2026 was up 8.7 percent compared with the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 58 percent of all tax collections.

Texas collected the following revenue from other major taxes:

• motor vehicle sales and rental taxes — $599 million, down 13 percent from May 2025;
• motor fuel taxes — $333 million, down 2 percent from May 2025;
• oil production tax — $677 million, up 64 percent from May 2025;
• natural gas production tax – $217 million, down 4 percent from May 2025;
• hotel occupancy tax — $74 million, up 6 percent from May 2025; and
• alcoholic beverage taxes — $156 million, up less than 1 percent from May 2025.

Fiscal 2026 franchise tax collections totaled $6.5 billion year-to-date through May.

Compared with collections through May 2025, year-to-date franchise tax collections were down 0.5 percent, lower than was projected in the Comptroller’s 2026-27 Certification Revenue Estimate. Franchise tax entities may request an extension until November 15. Accordingly, franchise tax revenue from the most recent report year will continue to be received through November 2026.

For details on all monthly collections, visit the Comptroller’s Monthly State Revenue Watch.

Marshall Police arrest theft suspect

Marshall Police arrest theft suspectMARSHALL – A quick response and some enterprising investigative work by Marshall Police Department patrol officers led to the recovery of stolen property and the arrest of a suspect after a reported theft Friday afternoon, May 29.

At approximately 2:46 p.m., Friday, officers responded to the Wingwood Terrace area regarding the theft of a weed trimmer that had been taken from a resident’s driveway. Officers obtained surveillance footage from the victim’s security camera and were able to identify a vehicle believed connected to the theft.

While following up on the investigation, an officer began checking local pawn shops and located the suspect vehicle at one of the businesses. The suspect was found inside the pawn shop attempting to pawn the stolen weed trimmer. During the investigation, officers conducted a search of the vehicle and recovered a chainsaw believed to be stolen. Continue reading Marshall Police arrest theft suspect

What to know about horror film ‘Backrooms’ after record-breaking opening weekend

Chiwetel Ejiofor in 'Backrooms.' (A24)

Backrooms, the psychological horror film from 20-year-old director Kane Parsons, has marked a new bright spot for the horror genre.

The film, which stars Chiwetel Ejiofor, Renate Reinsve and Mark Duplass, debuted May 29. It brought in more than $81 million at the domestic box office in its opening weekend, off a $10 million budget, according to The Numbers, a film industry data site that tracks box office revenue.

Backrooms not only routed at the box office but made history in the process, with Parsons becoming the youngest director to helm a #1 box office film globally, A24 confirmed to ABC News this week.

The film is also the largest original horror debut in history, according to the studio.

Additionally, Obsession, a horror film starring Inde Navarrette that debuted in May, has brought in more than $104 million in the weeks since its May 15 theatrical premiere, according to The Numbers.

According to a brief synopsis from A24, Backrooms centers around a "strange doorway" that "appears in the basement of a furniture showroom" one day.

A trailer for the film shows Ejiofor's character, Clark, the furniture store owner, discovering the doorway before ending up in a large, dimly lit room with nothing but furniture piled up at the center and various voices speaking foreign languages over a fuzzy loudspeaker.

He later explains his confusion to his therapist, Dr. Mary Kline, played by Reinsve, before the trailer returns to the mysterious space, with Clark now exploring with some company. The trailer concludes with Reinsve entering the space as well.

Backrooms was written by Will Soodik, and was produced by horror filmmakers James Wan and Osgood Perkins, Arrival producer Shawn Levy and more. Finn Bennett and Lukita Maxwell also star in the film.

Backrooms is the debut film from director Parsons, who came to prominence via a series of wildly popular YouTube videos exploring a similar premise, most of the videos garnering millions of views apiece.

His most popular video, simply titled The Backrooms (Found Footage), has accumulated more than 81 million views since it was shared on Jan. 7, 2022.

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