? JetBlue goes hostile – Robinhood Snacks

? JetBlue goes hostile

Tuesday, May 17, 2022 by

Robinhood Snacks

If at first you don’t succeed… (Joe Raedle/Getty Images)If at first you don’t succeed… (Joe Raedle/Getty Images)

If at first you don’t succeed… (Joe Raedle/Getty Images)

If at first you don’t succeed… (Joe Raedle/Getty Images)If at first you don’t succeed… (Joe Raedle/Getty Images)

If at first you don’t succeed… (Joe Raedle/Getty Images)

Yesterday’s Market Moves

Dow Jones
32,223

(+0.08%)

S&P 500
4,008

(-0.39%)

Nasdaq
11,663

(-1.20%)

Bitcoin
$30,141

(-3.64%)

Hey Snackers,

Boost Mobile’s new cellphone plan will let you play games and earn blockchain-based “boostcoins” to pay down your bill. But don’t get too excited: one boostcoin is only worth a penny.

Stocks closed mixed yesterday, with the Nasdaq dragged down by slumping tech stocks. Meanwhile, major cryptocurrencies struggled to rebound from last week’s sell-off — though bitcoin managed to bounce back above $30K.

What else we’re Snackin’

  • Team

    : Neutral no more: Sweden and Finland are moving quickly to join NATO. Both countries have a history of not picking sides, but Russia’s war on Ukraine increased pressure to join the military alliance.

  • De-Arch

    :

    McDonald’s

    is leaving Russia for good, selling its Russian biz 32 years after first opening in the country and becoming a symbol of globalization. By leaving, Mickey D’s says it’ll lose up to $1.4B.

  • Burned

    : Grill maker

    Weber

    slashed its sales outlook for the second quarter in a row. The supply-chain crisis and a travel resurgence have hurt demand for backyard barbecues and made it harder to source parts.

  • Raise

    :

    Microsoft

    is doubling its salary budget and boosting stock comp to help employees deal with inflation. The $$$ will also help Microsoft compete with other tech biggies in this tight labor market.

  • Mature

    :

    Twitter’s

    CEO tweeted a long explanation of how the company handles fake accounts, after Musk put his takeover “on hold” over the prevalence of spambots. He responded to the thread with a poop emoji.

Snack Fact of the Day

Because of Covid lockdowns, not a single car was sold in Shanghai last month

Read more

Tuesday

  • April retail sales
  • Earnings expected from: Walmart, Home Depot, JD.com, The Container Store, and On Running

Authors of this Snacks own: Bitcoin, and shares of Amazon, CVS, Walmart, Microsoft, Delta, Twitter, Google, and Apple

ID: 2205079