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- Tuesday, May 7
Tuesday, May 7
5 things you missed today
Good Evening,
Here are the 5 things you missed today:
1. ✋ TikTok Sued to Block U.S. Ban
TikTok filed a petition at the U.S. Court of Appeals today alleging the law trying to ban TikTok is unconstitutional because it stifles the First Amendment rights of its 170 million U.S. users.
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2. 📱 Apple Launched Updated iPads & More
Apple had its Let Loose event today centered around its newest iPad innovations including: iPad Air with M2 chip, iPad Pro with M4, Apple Pencil Pro, a new Magic Keyboard, and the Final Cut Camera app.
3. 🏰 Disney had its Worst Day in Over a Year
While Disney’s streaming services did manage to turn a profit of $47 million, Wall Street still wasn’t happy. DIS shares went down more than 9% today, marking the stock’s worst trading day in 18 months.
🛠 Things To Check Out
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4. 🔥 Reddit Shares Soared 14%
Reddit, on the other hand, is having a great day after shares increased 14% following the company’s latest earnings report. This was Reddit’s first quarterly report since its IPO in March, showing revenue increased 48% to $243M in Q1.
5. 🍋 Panera is Getting Rid of its Deadly Drink
Panera Bread is finally getting rid of its controversial Charged Lemonade, a drink that contains up to 237 milligrams of caffeine and was once available self-serve, leading to numerous lawsuits and two deaths.
Bonus. CEO Tip Of The Day
Feeling unmotivated? Here’s the 4-step method Harvard psychology researchers suggest to get unstuck.
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