Trump Jury & Netflix Surge

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

2️⃣ This Morning’s Two Reports:

• 📰 Historic Jury Set for Trump's Trial

• 📈 Netflix Subscribers Soar

📊 Market Snapshot

• DOW: 🔼 0.058% (37,775.38)

• S&P 500: 🔽 0.22% (5,011.12)

• NASDAQ: 🔽 0.52% (15,601.50)

• BTC: 🔼 3.61% (63,484.40)

• ETH: 🔼 2.81% (3,066.35)

📎 Market Clips

• Fed officials concur that there’s no immediate need to reduce interest rates

• Two-year Treasury yield approaches 5% following unexpectedly strong manufacturing data

_{*Stock numbers as of market close, cryptocurrency as of 7:45pm EST yesterday. Source for Market Clips.}

First Report

📰 Historic Jury Set for Trump's Trial

A jury of 12 New Yorkers has been finalized for Donald Trump's high-profile hush money trial in Manhattan. This jury, consisting of seven men and five women, includes a diverse mix of professions from an investment banker to a teacher. As the trial progresses, they are tasked with evaluating the historic case, which involves 34 felony charges against the former president. The selection process was meticulous, with insights from their professional backgrounds and media consumption patterns playing a key role in their selection. 👨‍⚖️💵

TL;DR ⏳: The jury for Trump’s trial has been set, featuring a cross-section of New Yorkers ready to deliberate on a case that could mark a significant moment in U.S. legal history.

Second Report

📈 Netflix Subscribers Soar

Netflix has significantly exceeded earnings and revenue expectations for the quarter, with a notable 16% jump in subscribers, totaling 269.6 million—surpassing the 264.2 million anticipated by Wall Street. While these figures are impressive, Netflix announced a shift in its reporting practices; starting next year, it will no longer disclose detailed quarterly membership or average revenue per user data. This move aligns with the company's strategic pivot from prioritizing subscriber growth to enhancing profitability through diverse revenue streams like advertising and a crackdown on password sharing. 📊🔑

TL;DR ⏳: Netflix outperforms financial forecasts with robust subscriber growth, though it plans to phase out detailed subscriber reporting in favor of focusing on profitability and other key metrics.

⚡ Quick Hits

1. 🚨 Over 100 detained at Columbia following pro-Palestinian demonstration

2. 🇺🇸 Kennedy family distances from RFK Jr.’s campaign, endorses Biden

3. 🚫 US blocks Palestinian bid for statehood at the United Nations

4. 📵 US on brink of passing law to potentially ban TikTok nationwide

5. 📞 Widespread 911 failures in four states disrupt emergency contact capabilities

6. 🧨 US individual apprehended for pipe bomb attack on Satanic Temple

7. 🔇 Mike Johnson avoids drastic measure to secure his speakership

8. 🗳️ India casts votes in massive election as Modi aims for third term

9. 🕵️‍♂️ Germany detains individuals for spying on US military and sabotaging Ukraine aid

10. 🍎 Report exposes 'unhealthy dose' of pesticides in widely consumed fruits and vegetables

Games

Word of the day: "susurrus" refers to a soft, whispering or rustling sound. It's often used to describe the gentle, indistinct sounds made by leaves rustling in the wind, a distant murmur of a stream, or quiet whispers in a crowded room. The term captures the essence of sounds that are soothing and barely audible, evoking a sense of calm and tranquility.