Magic Shake-Up & Quake Alert

Heyo, reader! We hope you’re having a good Thursday morning!

2️⃣ This Morning’s Two Reports:

• 🌟 Disney Surges Ahead: Meet the New Guardians of the Magic Kingdom

• 🚨 Taiwan Shaken: Deadliest Quake in 25 Years Strikes

📊 Market Snapshot

• DOW: 🔽 0.11% (39,127.14)

• S&P 500: 🔼 0.11% (5,211.49)

• NASDAQ: 🔼 0.23% (16,277.46)

• BTC: 🔼 0.83% (66,011.50)

• ETH: 🔼 1.34% (3,319.24)

📎 Market Clips

• Powell from the Fed underscores the necessity for further proof of inflation slowing down prior to reducing interest rates

• ADP reports a greater-than-anticipated rise in private sector jobs by 184,000 in March

_{*Stock numbers as of market close, cryptocurrency as of 7:15pm EST yesterday. Source for Market Clips.}

First Report

🌟 Disney Surges Ahead: Meet the New Guardians of the Magic Kingdom

In a significant turn of events, Disney's shares have soared by an impressive 31% this year, leaving the S&P 500's 9% increase in the dust. This financial triumph follows a tough period for Disney's CEO, Bob Iger, who successfully defended his company against activist investor Nelson Peltz of Trian Fund Management during a highly publicized board election battle. At Wednesday's annual meeting, Disney's leadership was solidified with the announcement of its newly elected board, comprised of industry heavyweights including Mary Bara (General Motors CEO), Safra Catz (Oracle CEO), and several other notable executives. This diverse team is set to steer Disney toward its goals of growth, value creation for shareholders, and unparalleled creative content for its audience. 🏰💵

TL;DR ⏳: Disney's stock leaps as CEO Bob Iger defeats Nelson Peltz in board battle, paving the way for focused growth and creative excellence with a star-studded board.

Second Report

🚨 Taiwan Shaken: Deadliest Quake in 25 Years Strikes

Taiwan experienced its strongest earthquake in over two decades on Wednesday, resulting in at least nine fatalities, injuring more than a thousand, and causing widespread destruction. The 7.4-magnitude tremor struck off the island's east coast, leading to collapsed buildings, trapped individuals, and tsunami warnings across the region. Among the chaos, efforts to rescue 71 workers from two rock quarries and individuals from eight collapsed tunnels in Hualien are underway. The quake, felt across Taiwan, also disrupted transportation and power for tens of thousands, casting a shadow over the upcoming Tomb-Sweeping Day festivities, expected to draw visitors. 🚧⛑️

TL;DR ⏳: A devastating 7.4-magnitude earthquake hits Taiwan, claiming lives, injuring thousands, and causing extensive damage, with ongoing rescue efforts for those trapped.

⚡ Quick Hits

1. 🔊 Concerns over Biden's response to the conflict between Hamas and Israel surface in private White House discussion

2. 🚪 Oklahoma residents remove a local official linked to white nationalist groups from office

3. ⚖️ Special counsel criticizes judge’s instructions to jury in Trump's document case

4. 🌵 Showdown between Texas and Biden administration in appeals court over halted anti-immigration law

5. 🏥 Lauren Boebert in hospital following surgery for a blood clot, her campaign announces

6. 🚗 Jose Andres claims his humanitarian team was deliberately targeted by Israel

7. ✈️ London police report stabbing suspects of Iran International journalist left the UK shortly after the incident

8. 🏠 Jeff Bezos acquires a $90 million estate in Miami’s 'Billionaire Bunker'

9. 📉 Nvidia stock falls amid concerns over supply chain disruptions post-earthquake

10. 🎥 Patrick Whitesell unveils plans for new media venture backed by $250 million from Silver Lake

Games

AI Image of the Day