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X-Campaign-ID: 9784645 List-Unsubscribe: , From: "TheStreet Daily" X-Message-ID: 7aaf91d6f53a4d389fec62309956ac1e X-Feedback-ID: 12919034:9784645:40965:iterable Feedback-ID: 12919034:9784645:40965:iterable X-Spam-Status: No, score=0.8 X-Spam-Score: 8 X-Spam-Bar: / X-Spam-Flag: NO --_----ErZ2paG69wfkOMVNfsSmyg===_C1/E0-37599-1C06A366 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset="UTF-8" Stock Market Today: Stocks higher amid interest rates, Mideast concerns =0A= =0A=0A=0A=0A=0A=0A=0A =0A=0A=0A=0ATuesday, May = 7, 2024=0A=0A=0A=E2=80=8A=0A=0A=0A=0A=0A=0A=0A=0A=0ADon=E2=80=99t blame the= Mouse. Disney shares' 10% tumble today has little to do with =0Athe compan= y's theme parks. Instead, it waslackluster performance =0A=0A by its traditional TV stations. Heck, even streaming did OK, with Di= sney+ =0Aeking out a small profit. Revenue rose 1.3% from a year earlier to= $22.1 =0Abillion, missing estimates by $50 million. Experiences revenue, i= ncluding theme =0Aparks, rose 10% to $8.4 billion, but linear network reven= ue slipped 8% from a =0Ayear earlier.=0A=0A=0AOK (so far). Investors hoping= for gains don=E2=80=99t want any surprises from Fed =0Aheads this week. Ma= ny are speaking, so there=E2=80=99s plenty of chances for them to =0Asay so= mething that spooks the market. So far, so good. On Monday, Richmond =0AFed= =E2=80=99s Barkin, considered a hawk, didn=E2=80=99t sound =E2=80=9Ctoo muc= h so.=E2=80=9D Meanwhile, New =0AYork=E2=80=99s Williams was dovish, saying= , =E2=80=9CI think we=E2=80=99ll have rate cuts.=E2=80=9D=0A=0A=0A=0A=F0=9F= =8E=BC Iconic retail chain closing all stores, liquidating =0A=0A= =F0=9F=8E=BC=0A=0A=0A Dramamine=3F Some stocks swing more widely than othe= rs, particularly around =0Acatalyst-like earnings. Palantir is among them. = The data-management company=E2=80=99s =0AAI hopes have fueled a rally over = the past year, but it=E2=80=99s been anything but a =0Astraight line. Today= isn=E2=80=99t an exception. After rallying more than 20% since =0Amid-Apri= l, the shares sank 15% after the Q1 report. Revenue rose 21% =0Ayear-over-y= ear to $634 million (its fourth consecutive quarter of improving =0Atop-lin= e growth) and adjusted earnings jumped 60% to 8 cents a share.=0A=0A=0A=0AW= ednesday earnings watch: Uber, Airbnb, Shopify and Arm Holdings.=0A=0A=0A= =0A-- Todd Campbell=0A=0A=0A=0A=0AYOU NEED TO KNOW THIS=0A=0A=0A=0A=0A =0A=0AIs copper th= e new gold=3F =0A=0A=0A=0ADemand for the red metal is soaring due to the need to power gi= ant data =0Acenters for AI.=0A=0AGO TO ARTICLE =0A=0A=0A=0A=0A =0A=0A=0A =0A=0A=0A= =0A=0A=0AEDITOR'S PICKS=0A=0A=0A=0A=0AMarkets =F0=9F=93=89=0A=0A=0A=0AStock= Market Today: Stocks higher amid interest rates, Mideast concerns=0A=0ASto= cks edge higher as investors keep an eye on the Fed and the Middle East.=0A= =0AGO TO ARTICLE =0A=0A=0A=0ASenator= s accuse Mercedes, Toyota, Hyundai and other automakers of putting =0Apriva= cy at risk=0A=0AResearch conducted by the offices of the senators found tha= t it is too easy to =0Aaccess critical privacy-shedding data.=0A=0AREAD MOR= E =0A=0A=0A=0A= =0AInvesting =F0=9F=92=B0=0A=0A=0A=0AIconic retail chain closing all stores= , liquidating=0A=0AThe retailer had a dedicated following but that was not = enough to keep it =0Aafloat.=0A=0AKEEP READING =0A=0A=0A=0AAmazon= expanding a key service Walmart dominates=0A=0AThe two retail giants have = been vying for customers in one particularly =0Acompetitive space.=0A=0AGO = TO ARTICLE =0A=0A=0A=0A=0AWinners & Losers =F0=9F=93=89=0A=0A=0A=0A= Ex-Starbucks exec delivers blunt advice to coffee giant=0A=0AHere's what it= s former CEO thinks could get Starbucks back on track.=0A=0AREAD MORE =0A=0A=0A=0AAmazon quietly discontinues a pop= ular product=0A=0ADevoted fans of the retail giant have taken notice.=0A=0A= KEEP READING =0A=0A=0A=0A=0A=0A=0A=0A=0A =0A=0A =0A=0A =0A=0A=0A=0A=0APREMIUM PICKS: TIPS FROM THE EXP= ERTS =F0=9F=94=91=0A=0A=0A=0A=0A=0A=0A=0AAs Gold Cools Down, Our Silver Tra= de Heats Up =0A=0ADoes gold have more upside=3F Yes, but there is a better = opportunity out there.=0A=0A=0A=0AKEEP READING =0A=0A=0A=0A=0A=0A= =0A=0AI'm Nodding, Not Shaking My Head at the 'Picks and Shovels' of the AI= World=0A=0AAn April drop is shaping up to be the pause that refreshes for = the =0Asemiconductor ETF SMH.=0A=0A=0A=0AKEEP READING =0A=0A=0A=0AUNLOCK PREMIUM INSIGHTS =0A =0A=0A=0A=0A=0A=0A=0ASIGN UP FOR= MORE NEWSLETTERS=0A=0A =0A=0A=F0=9F=86=95 Come Cruise With Me =0A=0A=0AMeet Dan Kline, our cruise aficiona= do, answering all your questions from =0Abefore you book, to everything tha= t leads up to your boarding and on-board =0Aexperience. Join our community!= Weekly=0A=0A=0A=0AWant to sponsor future newsletters from TheStreet=3F Cont= act =0Achris.heck@thearenagroup.net f= or more =0Ainformation!=0A=0AVIEW ALL NEWSLETTERS =0A=0A=0A=0A=0A =0A= =0A=0A=0A=0A=0A =0A =0A= =0A=0AYou can update your preferences or=0Aunsubscribe from this list =0A=0A.=0A=0A=0A=0ATerms of= Use | Privacy Policy =0A=0A=0A=C2=A92024 TheStreet, Inc.=0A=0A20= 0 Vesey Street, 24th Floor, New York, NY 10281=0A=0A=0A=0A=0A=0ATheStreet i= s a personal finance editorial news platform meant to provide its =0Ausers = with content for educational and informational purposes only. TheStreet =0A= is not an investment broker or a financial advisor, and does not give =0Afi= nancial, legal, tax or personalized investment advice.=0A=0A=0A=0A=0A=0A=0A= =0A --_----ErZ2paG69wfkOMVNfsSmyg===_C1/E0-37599-1C06A366 Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="UTF-8" =0D=0A
3D""/
=0D=0AStock Market Today: Stocks higher amid interest rates,= Mideast concerns

Tuesday, May 7, 2024

 

Don=E2=80=99t = blame the Mouse. Disney shares' 10% tumble today has little to do = with the company's theme parks. Instead, it was lackluster performance by its = traditional TV stations. Heck, even streaming did OK, with Disney+ eking ou= t a small profit. Revenue rose 1.3% from a year earlier to $22.1 billion, m= issing estimates by $50 million. Experiences revenue, including theme parks= , rose 10% to $8.4 billion, but linear network revenue slipped 8% from a ye= ar earlier.


OK = (so far). Investors hoping for gains don=E2=80=99t want any s= urprises from Fed heads this week. Many are speaking, so there=E2=80=99s pl= enty of chances for them to say something that spooks the market. So far, s= o good. On Monday, Richmond Fed=E2=80=99s Barkin, considered a hawk, didn= =E2=80=99t sound =E2=80=9Ctoo much so.=E2=80=9D Meanwhile, New York=E2=80= =99s Williams was dovish, saying, =E2=80=9CI think we=E2=80=99ll have rate = cuts.=E2=80=9D

 =

=F0=9F=8E=BC Iconic retail chain closing all stores, = liquidating =F0=9F=8E=BC


Dramamine=3F Some stocks swing more widely than= others, particularly around catalyst-like earnings. Palantir is among them= . The data-management company=E2=80=99s AI hopes have fueled a rally over = the past year, but it=E2=80=99s been anything but a straight line. Today is= n=E2=80=99t an exception. After rallying more than 20% since mid-April, the= shares sank 15% after the Q1 report. Revenue rose 21% year-over-year to $6= 34 million (its fourth consecutive quarter of improving top-line growth) an= d adjusted earnings jumped 60% to 8 cents a share.

 

Wednesday earnin= gs watch: Uber, Airbnb, Shopify and Arm Holdings.

 

-- Todd Campbell

YOU NEED TO KNOW THIS

=

Dem= and for the red metal is soaring due to the need to power giant data center= s for AI.

GO TO ARTICLE
<= td align=3D"left" valign=3D"top" style=3D"box-sizing: border-box; padding: = 0 0px;">
<= tr style=3D"box-sizing: border-box;">

EDITOR'S PICKS

Market= s=  =F0=9F=93=89

Stock Market Today: Stocks higher amid interest rates, Mideast concerns

Stocks edge higher as investors keep = an eye on the Fed and the Middle East.

GO TO ARTICLE

Senators = accuse Mercedes, Toyota, Hyundai and other automakers of putting privacy at= risk

Research conducted by the offi= ces of the senators found that it is too easy to access critical privacy-sh= edding data.

READ MORE

Investing= =F0=9F=92= =B0

Iconic reta= il chain closing all stores, liquidating

The retailer had a dedicated following but that was not enough to keep= it afloat.

KEEP READING
<= div style=3D"box-sizing: border-box; font-family: Roboto,Tahoma,Verdana,Seg= oe,sans-serif; text-align: center;" align=3D"center">
=

Amazon expanding a key service Walm= art dominates

The two retail giants have b= een vying for customers in one particularly competitive space.

GO TO ARTICLE

Winners & Losers<= /span> =F0=9F=93=89

Ex-Starbucks exec deliver= s blunt advice to coffee giant

Here= 's what its former CEO thinks could get Starbucks back on track.

READ MOR= E

Amazon quietly discontinues a po= pular product

Devoted fans of the r= etail giant have taken notice.

KEEP READING

<= tr style=3D"box-sizing: border-box;">

PREMIUM PICKS: TIPS FROM THE EXPERTS =F0=9F=94=91

=

As Gold Cools Dow= n, Our Silver Trade Heats Up

Does gold have more upside=3F Yes, but there is a better oppor= tunity out there.

KEEP READING
=
<= td class=3D"pad" style=3D"box-sizing: border-box;">

I= 'm Nodding, Not Shaking My Head at the 'Picks and Shovels' o= f the AI World

= An= April drop is shaping up to be the pause that refreshes for the semiconduc= tor ETF SMH.

=
<= /table>
KEEP READING
= UNLOCK PREMIUM INSIGHTS
=
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Meet Dan Kline, our cruise aficionado, answering all your questions from= before you book, to everything that leads up to your boarding and on-board= experience. Join our community! Weekly

 

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