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25% Off Netflix (Stock)
Netflix stock fell by more than 25% on a decline in subscribers, Uber and Lyft removed mask mandates, DeSantis threatened Disney's special status in Florida, Musk is willing to invest up to $15B of his own money in Twitter, and Chipotle launched a venture fund, and Goldman is finally raising banker dining allowances by $5.
Mask Off: Airline Edition
Adios flight mask mandates, corn is getting expensive, Abramovich heads back to Kyiv, Rivian's CEO warns of a battery shortage, Amazon workers in NJ will vote on unionizing, Apollo wants to get in on the Twitter action, and we have a big earnings lineup today.
Poison Pilled
It's tax day, Twitter's board adopts a poison pill to discourage Musk's (or others') takeover bid, China Eastern put Boeings back in the air, Beijing's crackdown hurt Alibaba's profits, the Evergreen ship is no longer stuck in the Chesapeake, and Thoma Bravo might make its own Twitter bid.
‘Twas a Musky Thursday
Twitter is hosting an employee town hall regarding Musk's bid, US mortgage rates hit 5% for the first time in a decade, bank earnings were down year over year, Peloton is raising its subscription fee, California ran on clean energy for a month, and North Korea is tied to the Axie Infinity hack.
Elon offers to buy Twitter
Elon Musk offered to buy ALL of Twitter, US travel mask mandate was extended for two weeks, Google bets big on the return to offices, the NYC subway shooter has been arrested, Apple's MacBook shipments are delayed, Amazon announced a 'fuel inflation fee,' and Starbucks may leave unions out of new benefits plans.
Four Putt Masters Champ
Fauci says everyone can assess their own Covid risk now, WarnerMedia and Discovery complete their merger, Musk wants to turn Twitter's HQ into a homeless shelter, France is heading into an election runoff, and Scottie Scheffler won the Masters with a four-putt on hole 18.
Walmart Truckers Getting IB Analyst Salary
Walmart is offering IB starting salaries to new truckers, Ketanji Brown Jackson was confirmed as the first black woman to the Supreme Court, Congress passed a ban on Russian oil and gas imports, and US jobless claims hit the lowest level in decades.
The Great Ruble Rebound
The ruble has recovered to its pre-war level, NYC crime is up big-time, El Salvador's Bukele canceled his Miami Bitcoin Conference appearance, the Fed talked more about reducing its balance sheet, and banks may use Zelle to challenge major credit card companies.