$SPDR S&P 500 ETF(SPY.US)$
The ride is over. Was fun

$DJT 250117 7.50P$
LETS GOOOO still made 7K on my puts because this DJTrash is on its way to the toilet.

$Tesla(TSLA.US)$ Elon Musk has announced that Tesla will lay off over 10% of its global workforce due to overlaps in job roles and functions as the company has expanded rapidly, communicated through an internal memo. As of December 2023, Tesla had 140,473 employees.
Affected employees received emails in their personal accounts late Sunday night, informing them that they were no longer required to work and would be cut off from accessing Tesla’s systems...

.US Stock Market Review 8 – 12 Apr 2024
$Dow Jones Industrial Average(.DJI.US)$ -2.59%
$Nasdaq Composite Index(.IXIC.US)$ -0.76%
$S&P 500 Index(.SPX.US)$ Standard -1.70
Stocks stumbled on Friday as techs lost their winning ways, and as investors reeled from the banking sector's mixed results to kick off earnings season.
Event to watch: 15 Apr US Retail & Core Retail Sales, 17 Apr US Crude Oil Inventories, 18 Apr IJC & Existing Home Sales.
.MY Stock Market Review 8 – 12 Apr ...

$Moderna(MRNA.US)$ Winning a judgement to not invalidate patents based on standing is a long way from winning a judgement to enforce a patent infringement. This seems overstated here. Royalties could happen but we are not close to that point right now.

$Disney(DIS.US)$ Chapek is a manager who knows how to extract profit, not someone with vision. I saw his interview on CNBC after their most recent earnings. He just spewed out gobidlygook about the Omniverse. Silly thing that won’t be going anywhere.
Speaking of managing/vision, it will be interesting if he can come up with a creative option to deal with plummeting ESPN subs while maintaining the expensive sports contracts. Will it be a pivot to ESPN+? Will it be a forced bundle of Disney+/ESPN+ like we have with our TV packages (and the cause of their demise)
Also interested in how he’ll deal with Comcast and Hulu.
We already know he’s raising prices on everything at the parks while cutting niceties. No more Magic Express, free Flash Passes, trams from the parking lots etc.
Of course the parks are still very crowded. They need to build two more US parks, but while they’re spending all their money on streaming content, they’re happy to jack up their park prices.

$PayPal(PYPL.US)$ stock gains 1.6% in premarket trading after CEO Dan Schulman said the company's "Buy Now, Pay Later" option surged almost 400% Y/Y on Black Friday in an interview on CNBC's "Mad Money" program.
"That's been one of the stars of the holiday season for us," Schulman said after the close on Tuesday.
Keep in mind that the company has only been in BNPL for about a year or year and a half, which means the base from a year ago was very small.
"We did some 750,000 transactions alone in one day on Black Friday," he told Jim Cramer referring to the Friday after Thanksgiving. And the company had more than $1B of process volume through its BNPL option in November. "We did over 1M first-time users for the first time ever in a month," he added.
When asked if PayPal is a "second fiddle" in BNPL, Schulman said the company has grown to one of the top three or four BNPL players in the world.
He also said the company is on track for 55M net new actives.
BNPL rival $Affirm Holdings(AFRM.US)$ rises 1.6% in premarket. $Block(SQ.US)$, which is buying BNPL firm $Afterpay Ltd.(AFTPF.US)$, rises 0.6%. $MasterCard(MA.US)$ gains 1.8% and $Visa(V.US)$ is up 1.4%; both are involved in BNPL.
In the past year, PayPal's stock decline of 14% contrasts with Square's 1.3% decline, Affirm's 159% surge, and the S&P 500's 28% increase as seen in the graph below.
Previously (Nov. 28), Affirm Holdings and $Adyen N.V. Unsponsored ADR(ADYEY.US)$ stocks extend gains as PayPal, Visa, other peers slip.