Your daily source for trading strategies, tech news, and politically incorrect humor.
Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
Can you guess who said the quote, below?
“The greatest glory in living lies not in never falling, but in rising every time we fall.”
Think you know the answer? You can check it in the closing area down below!
Image Source: Morning Bullets
Stock futures indicated a positive end to a largely tumultuous week for Wall Street. The Dow Jones Industrial Average was slated for a 150-point opening gain, while futures tied to the S&P 500 and the Nasdaq rose 0.6% and 1%, respectively.
That said, today’s anticipated increases won’t negate the losses for the week as a whole. The Dow shed 2.2% so far, while the S&P 500 dropped 2.8%, and the Nasdaq fell 4.6%.
Investors will also receive April’s retail sales data this morning, with analysts anticipating a pretty significant decrease from March.
And shares of Disney were down in the premarket this morning after the company posted disappointing earnings data yesterday. The number of streaming subscribers also fell beneath expectations (more on that in the story, below).
The CEO of Tesla, meanwhile, is working with the developers of the meme currency in effort to streamline transactions.
Other News That Matters To You:
This could easily be the best investment you make this entire decade
Image Source: Getty Images
After the bell yesterday, Disney reported that its streaming service saw far fewer new subscribers than the company had anticipated. That number came in around 103.6 million viewers versus the projected 109 million.
The media giant is not alone. Netflix, too, reported disappointing data for its last quarter.
The slump makes sense given that both streaming giants logged a surge of subscribers during the first portion of the pandemic and now, as Americans are bracing for a return to “normalcy,” those numbers are falling.
More Headline You Need To Read: