๐ต๏ธโโ๏ธ Macy's Employee Conceals $154M Expenses
An investigation revealed a Macy's employee concealed up to $154 million in expenses, delaying earnings reports.
๐บ๐ธ Trump Plans Tariffs on Imports
Trump intends to impose a 25% tariff on Canadian and Mexican imports and 10% on Chinese goods, raising potential supply chain disruptions.
๐ต Global Music Revenue Hits $45.5B
Global music revenue hit $45.5 billion last year, driven largely by digital platform growth, surpassing the pre-pandemic film box office peak.
๐ SandP 500, Dow Reach Record Highs
The S&P 500, Dow, and Russell 2000 indices each hit record highs, with the Russell 2000 reaching its first record in over three years.
๐ Big Tech Stocks Decline Monday
The stock market rally did not include Big Tech on Monday, with Nvidia and Tesla shares experiencing significant declines.
๐ฐ MicroStrategy Stock Falls After Bitcoin Buy
MicroStrategy's stock fell as the company spent $5.4 billion to increase its bitcoin holdings.
๐พ West Texas Land Value Soars $40B
A massive landowner in West Texas has seen its value rise to $40 billion, largely benefiting from advancements in AI.
๐ฎ Sony Developing Handheld PS5 Console
Sony is reportedly developing a handheld PlayStation 5, aiming to compete with Nintendo's successful Switch console.
๐๏ธ Construction Industry Grows with Investments
The construction industry is experiencing growth with significant federal investments in infrastructure and manufacturing.
๐ Bath and Body Works Stock Soars
Bath & Body Works' stock rose 16.5% following an increase in its sales forecast due to high holiday demand.
๐ฌ Strong Openings for Wicked, Gladiator II
The North American box office saw strong openings with โWickedโ and โGladiator IIโ earning substantial ticket sales.
๐ฃ Amazon Workers Plan Black Friday Strikes
Amazon workers in over 20 countries plan to strike during Black Friday, advocating for better wages and climate policies.