hyunii🌹🔥 (hyuni)

Disney managed a rare feat for a legacy media company: Its streaming service actually turned a profit — with some caveats. But Wall Street still wasn’t satisfied, sending shares down more than 9%. It was Disney’s worst stock trading day in 18 months.

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The first quarter of 2024 was a good one for Wall Street. But markets have since soured, as investors lost confidence in the likelihood of multiple interest rate cuts this year. The most recent GDP figure shows that the US economy is growing at a slower rate. That should put downward pressure on yields.

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Altman, co-founder and CEO of OpenAI, has said he sees nuclear energy as one of the best ways to solve the problem of growing demand for AI, and the energy that powers the technology, without relying on fossil fuels. Microsoft co-founder Bill Gates and Amazon founder Jeff Bezos have also invested in nuclear plants.

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Warren Buffett’s favorite market indicator is flashing red. Markets have surged higher this year as investor enthusiasm over artificial intelligence stocks have sent chipmakers like Nvidia to all-time highs.

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