Business

Fun Spot America Atlanta, home of ArieForce One, to close after Aug. 2

Published

1 month ago

30 June 2026

Fun Spot America Atlanta, home of ArieForce One, to close after Aug. 2

FOX Business’ Ashley Webster reports amusement park revenue decreasing as theme parks are hit by weaker consumer spending and reduced foot traffic on ‘The Claman Countdown.’

An Atlanta-area amusement park with the largest zero-G stall roller coaster in the U.S. is planning to close later this summer, with fans only having a few more weeks to attend the park.

Fun Spot America Atlanta’s location in Fayetteville will close permanently after its final day of operation on August 2, though it remains open until that date from 10 a.m. to 10 p.m. Additionally, season passes and gift cards will remain valid until the final day of operation at the Fayetteville location.

While Fun Spot America is closing the Atlanta-area amusement park, its other locations in Orlando and Kissimmee, Florida, will remain open and those locations will honor season passes and gift cards.

The amusement park is best known for the ArieForce One Roller Coaster, which claims the title of being the largest zero-G stall in the country.

DISNEYLAND VISITORS FACE GROWING WAVE OF RIDE CLOSURES, SHOW SHUTDOWNS HEADING INTO SUMMER 2026

Fun Spot America Atlanta CEO John Arie Jr.

John Arie Jr., owner and CEO of Fun Spot America, stands in his “it’s huge” pose in the Orlando, Florida, attraction. He said the new coaster at the Atlanta location will also boost his Central Florida parks. (Dewayne Bevil/Orlando Sentinel/Tribune News Service via Getty Images)

The ArieForce One features a 146-foot first drop at an 83-degree angle, with the ride reaching a top speed of 64 m.p.h., according to Fun Spot America.

The ride has a height requirement of 48 inches and lasts about 100 seconds. Parkgoers can access the ride with a single day pass, or with a pay-as-you-go price of $12 per person, per ride.

ArieForce One reaches a maximum vertical G of 3.75, with a minimum vertical G of minus 1 and max lateral G of plus or minus 1.25 G.

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Fun Spot America’s other locations in Florida will remain open. (Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images)

FOX Business reached out to Fun Spot America for comment.

Fun Spot America CEO John Arie, Jr., previously told Amusement Today that the decision to close the Atlanta-area park “was an extremely difficult decision.”

“Our Atlanta team has poured their hearts into serving our guests and creating a place where families could have fun together. We are deeply grateful for their dedication and for the support we have received from the Fayetteville community,” Arie added.

MUSK COMPANY CHOSEN FOR UNDERGROUND TRANSIT SYSTEM FOR UNIVERSAL PARKS

ATLANTA, GEORGIA - MAY 15: In an aerial view, the midtown skyline is seen from Piedmont Park on May 15, 2024 in Atlanta, Georgia. Atlanta is one of the host cities for the 2026 World Cup. (Photo by Alex Slitz - FIFA/FIFA via Getty Images)

The Atlanta-area theme park’s final day will be Aug. 2. (Alex Slitz – FIFA/FIFA via Getty Images)

The outlet’s report noted that the company plans to work with its team members during the transition period and will support them with resources.

Fun Spot America opened its first theme park in 1979 with its Orlando location.

The Atlanta-area location was previously known as Fun Junction USA, and was acquired by Fun Spot America in 2017.

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Business

8 ETF Winners in the ‘Pay Me Now’ Trade

Published

4 minutes ago

2 August 2026

NewsAdmin

8 ETF Winners in the ‘Pay Me Now’ Trade

Business

lastminute.com N.V. 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:LSMNF) 2026-08-01

Published

11 minutes ago

2 August 2026

NewsAdmin

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Business

Six Indian cos among BusinessWeek’s top 100 Infotech firms

Published

17 minutes ago

2 August 2026

NewsAdmin

NEW DELHI: Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by a US magazine BusinessWeek.

The BusinessWeek’s latest annual list ‘The Infotech 100’, which ranks the firms on the basis of shareholder return, return on equity, total revenues and revenue growth, has ranked telecom major Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th).
The list is topped by US firms –Amazon.com and Apple– who have taken the top two spots this year. However, the magazine said in an accompanying report that “the dominance of US companies is in decline, the country has 33 companies among the IT 100 this year, down from 43 in 2007.”

Other Indian firms on the list, includes — Azim Premji-led Wipro at the 74th position, Satyam at 91 rank and HCL Technologies has been ranked at the 95th position among the list of 100 firms.

South African telecom firm MTN Group, which is in exclusive talks with Anil Ambani Group flagship firm Reliance Communications, has been ranked at the 12th position in the global list even ahead of global IT giants IBM and Microsoft, which are at 13th and 23rd ranks in the list, respectively.

Besides, the other fast emerging country China also has six companies among the top 100 Infotech companies in the world.
The magazine has compiled the information for the list by sorting through the financial results of 30,500 publicly traded companies and has ranked the technology players on four criteria –shareholder return, return on equity, total revenues and revenue growth.

The companies leading the list are those with the lowest aggregate ranking.

The companies which qualified had to have revenues of at least 300 million dollar then the collection of about 800 companies was divided into eight industry categories, such as software and semiconductors.
“Companies whose stock price has dropped more than 75 per cent, whose sales shrank, or where other developments raised questions about future performance were eliminated from contention.
“We also dropped some phone companies whose monopoly or near-monopoly power gives them an unfair advantage over competitors,” the magazine added.

Business

Treasury Warns Banks It Might Intervene in Dollar-Yen Exchange Rate

Published

26 minutes ago

2 August 2026

NewsAdmin

Treasury Warns Banks It Might Intervene in Dollar-Yen Exchange Rate

The U.S. Treasury Department has informed banks that it might make currency trades on Friday to support the Japanese yen and strengthen its exchange rate against the dollar, according to a person familiar with the matter.

The message was delivered by the Treasury to major banks on Friday via the New York Fed, which acts as the Treasury’s agent for trades in financial markets. Some banks were told to have executable trades ready to exchange Japanese yen for euros, according to people familiar with the matter. The U.S. holds some of its foreign-currency reserves in euros.

Business

Chip Stocks Are on Pace for Worst Month Since 2008

Published

32 minutes ago

2 August 2026

NewsAdmin

Stocks Little Changed After Fed Decision

Chip stocks are on track for their worst monthly performance in nearly two decades.

The Philadelphia Semiconductor Index, or SOX, was up 2% on Friday, extending Thursday’s tech-dominated relief rally.

However, Friday’s gains were far from enough to offset what’s been a tough month for the semi group. In fact, the SOX is on track for its worst monthly performance since 2008, according to Dow Jones Market Data.

Business

Wait for more signals before turning positive

Published

40 minutes ago

2 August 2026

NewsAdmin

At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally. During the past trend phases in the Sensex, a monthly moving average convergence/divergence (MACD) cross-down below its trigger line, have, typically, led to a significant value erosion, with the corrective phase lasting, at least, for a year.
Therefore, immediate rallies would be interpreted as corrective in nature until the medium-term technical parameters turn positive. The recent upmove in the Sensex since the low of 12514 pts has been very sharp. The upside gap of July 23, 2008 had created a bullish ��Island Reversal Gap�� on the daily charts between 14510 pts and 14519 pts.

Normally, the implications of this on the medium-term outlook would be very positive, especially since the ��Island�� comprised of 22 trading sessions. When a stock indicates an uptrend, trades above the gap which occurs, then gaps back down and trades below the initial price, an island reversal has occurred.

However, the Sensex has since run into a strong resistance zone between 15026 pts and 15390 pts. The monthly mid-point of June 2008 is at 15026 pts. The 50% retracement level of the fall from the May 2008 peak (17735 pts) is at 15124 pts. The positive implications of the bullish ��Island Reversal Gap�� would thus get negated if the Sensex has a daily close below 14104 pts (the close on July 22, 2008). The Sensex is then expected to have an initial downside of 13513 pts, the 61.8% Fibonacci retracement level of the recent rise from 12514 pts to 15130 pts.

If the bearish ��Island reversal gap�� of 14484-14568 pts is immediately filled and the Sensex manages to decisively overhaul the resistances between 15130 pts and 15390 pts, the ongoing upmove would continue. The Sensex may then test higher levels between 16618 pts and 16860 pts.

The 78.6% Fibonacci retracement level of the fall from the May 2008 peak is at 16618 pts while 16860 pts is the 50% retracement level of the entire fall from the January 2008 peak. Hence, one would await further confirmation before turning positive on the medium-term outlook.
(The author is VP of technical research at Darashaw)

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