00:00 It's Benzinga and here's what's on the block.
00:02 Sphere Entertainment's stock soared over 10% on Monday following the opening of their
00:06 new venue in Las Vegas over the weekend, with a performance from U2.
00:11 The venue, called The Sphere, plans to host live concerts and sporting events.
00:16 The Sphere is described as a "next-generation entertainment medium" with a futuristic
00:20 dome-shaped arena and wall-to-wall video screens.
00:24 The company has plans to build another Sphere venue in London, pending approvals.
00:28 Sphere Entertainment's current market cap sits around $1.4 billion.
00:33 For all things money, visit Benzinga.com.
00:35 (thud)
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