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Dogecoin Surges On Support From Elon Musk & Coinbase Listing

Plus, Disney missed on revenue and subscriber expectations, Airbnb’s revenue rose by 5% last quarter as travel increased, and the CDC said those vaccinated against COVID-19 need no longer wear masks in most indoor and outdoor settings.

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Bitcoin Drops Below $50,000 After Elon Musk Says Tesla Will No Longer Accept The Crypto As Payment

Plus, the Colonial Pipeline restarted late Wednesday, Amazon is hiring 75,000 warehouse and transportation workers, and Walmart is buying virtual fitting room startup Zeekit.

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Stocks Sink As April Inflation Data Shows Jump Of 4.2%

Plus, the national average for gas jumped above $3 per gallon as the Colonial Pipeline remains mostly offline, Domino’s Pizza shares jump as Bill Ackman revealed 6% stake in the chain, and Wendy’s delivered an earnings beat.

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Pipeline Shutdown Continues As Gas Stations Run Dry Along U.S. East Coast

Plus, Tesla announced it has halted plans to buy land to expand its Shanghai plant, L Brands is spinning off its Victoria’s Secret brand, and Ginkgo Bioworks is going public via a SPAC merger.

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Gasoline Futures Spike As Major Pipeline Remains Closed Following Ransomware Attack

Plus, Ethereum hit a new all-time high, Chipotle said it is raising the pay for its restaurant workers, and The Trade Desk shares are down after the company reported earnings and announced a 10-for-1 stock split.

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April Jobs Report Disappoints With Just 266,000 Jobs Added – 1 Million Expected

Plus, Pfizer and BioNTech filed for full FDA approval for their COVID-19 vaccine, Roku reported its highest quarterly revenue growth rate ever, and DraftKings raised its full-year guidance.

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Pharma Stocks Drop On Biden Administration Support For Waiving Patent Protections For COVID-19 Vaccines

Plus, Moderna said its booster shot is effective at protecting against COVID-19 variants in early trial data, Papa John’s smashed earnings expectations, and jobless claims dropped to a pandemic era low.

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Dogecoin Surges To Nearly $0.70 Ahead Of Dogefather Elon Musk’s SNL Appearance

Plus, Peloton has recalled all of its treadmill models for safety concerns, GM smashed earnings expectations, and Equinox has held talks to go public via a SPAC merger.

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Tech Stocks Sink As Market Momentum Runs Out Of Steam

Plus, Corn futures rose to their highest level since 2013, Pfizer plans to apply for full approval for its COVID-19 vaccine in the U.S. by the end of this month, and Sotheby’s will accept Bitcoin and Ether in an upcoming art auction.

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Warren Buffett Named Greg Abel His Likely Successor At Berkshire Hathaway

Plus, Verizon sold its media group to Apollo Global Management, a top Apple analyst says there could be a foldable iPhone released in 2023, and Dell is selling its Boomi cloud integration software unit.

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Amazon Stock Surges To New All-Time High On 44% Revenue Growth In Q1

Plus, Exxon delivered a first quarter profit, Pfizer and BioNTech anticipate having data on how well their COVID-19 vaccine works in children ages 5-11 as soon as the end of summer, and the European Commission accused Apple of abusing its position in the distribution of music.

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Cash-Rich Consumers Fuel U.S. GDP Growth To 6.4% In Q1

Plus, Apple delivered a massive earnings beat, Altria shares are down on mixed earnings results and Biden administration plans to ban menthol cigarettes, and Ethereum rose to a new all-time high.

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President Biden Set To Unveil $1.8 Trillion Child & Family Spending Plan

Plus, Boeing reported its sixth consecutive quarterly loss, Tesla is in hot water with the EPA, Dogecoin is surging after Mark Cuban called the crypto a better bet than a lottery ticket, and Allbirds is reportedly preparing for an IPO.

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UBS Reported A Surprise Hit From Archegos Implosion

Plus, Crocs delivered blockbuster earnings results, Beyond Meat will launch the latest version of its measles burger patties in grocery stores next week, and Spotify launched its podcast subscription service.

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Bitcoin Rebounds After Last Week’s Sell-Off

Plus, the EU is taking legal action against AstraZeneca for shortfalls in its deliveries of its COVID-19 vaccine, Apple said it is increasing its U.S. investments by 20% over the next five years, and Netflix took home 7 Oscars over the weekend.

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