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Morning mooers, it is Thursday, May 9th. The market is open and mixed, with two out of three indexes climbing. My name is Kevin Travers, and here are stories moving the market today:
ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos!
MOOVERS
$Airbnb (ABNB.US)$ pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos!
MOOVERS
$Airbnb (ABNB.US)$ pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
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$Disney (DIS.US)$ Mixed quarter, Bob. Rev +13% & strong recovery in FCF. Price gouging families at the Parks saved the day! How long for? TV EBIT ⬇️, streaming losing cash AND shrinking subs (D+ 161.8m to 157.8m) no bueno, US ARPU +20% but “peak subs” confirmed? At 34x ‘23 / 22x ‘24 PE.
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AI systems with human-competitive intelligence can pose profound risks to society and humanity, as shown by extensive research,and acknowledged by top AI labs. As stated in the widely-endorsed Asilomar AI Principles, Advanced AI could represent a profound change in the history of life on Earth, and should be planned for and managed with commensurate care and resources. Unfortunately, this level of planning and management is not happening, even though...
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