Countdown to the Berkshire Hathaway Annual Meeting 4/29/22
Amazon shares fell as much as 12% after the company gave revenue outlook for the current quarter that fell short of Wall Street’s estimates. It could mark Amazon’s worst day since January 2014 if the ...
29 Apr 202232min
Twitter’s Atwitter & Meta’s A-Moving 4/28/22
Ford is cutting 580 U.S. salaried and contract employees as it restructures to focus on EVs. The automaker also reported a net loss of $3.1 billion in the first quarter, largely due the loss in value ...
28 Apr 202228min
Tech Trades & the Archegos Margin Call in the Courts 4/27/22
U.S. stocks rose in volatile trading today after the Nasdaq Composite closed yesterday at a new low for the year, attempting to rebound from a tech-led sell-off in April. Archegos Capital Management’s...
27 Apr 202222min
The $44 Billion Buyout 042622
Twitter has accepted Elon Musk’s $44B buyout deal. Musk, adamant that Twitter champions free speech, will take the company private. Anti-Defamation League CEO Jonathan Greenblatt discusses what Musk’s...
26 Apr 202229min
Market Pressures, the Takeover Bid, & Unemployment Lows 4/25/22
In France, President Macron is celebrating victory, American diplomats will return to Ukraine, and all across the globe, markets are under pressure. In Washington, DC, the Biden administration is work...
25 Apr 202231min
Streaming War Battle Scars: Goodbye to CNN+ 4/22/22
The streaming wars have left big players with some battle scars: Netflix is recovering from a rough year so far, and CNN+ is no more. Axios media reporter Sara Fischer and The Wall Street Journal’s Jo...
22 Apr 202232min
Tesla Up, Netflix Down, Hedge Funds Flipping 4/21/22
Famed shortseller Bill Ackman and his firm Pershing Square dumped its stake in Netflix yesterday following the streaming service company’s disappointing quarterly report. Netflix lost 200,000 subscrib...
21 Apr 202229min
Netflix’s Plunge, Disney’s Drama, & America, at Half-Mask 4/20/22
In a shocking and disappointing report on Wall Street, Netflix revealed a loss of subscribers in the last quarter–its first loss in 10 years. Florida Governor Ron DeSantis is taking aim at Disney by p...
20 Apr 202235min
