Stock Market Winners & Losers: Wall Street Braces for Nvidia Earnings | Starliner is Boeing’s Latest Failure | Amazon’s $100M Podcast Deal with the Kelce Brothers
Wall Street is closely monitoring Nvidia's upcoming earnings report to assess the sustainability of the tech and AI boom, as the semiconductor giant has surged 159% in 2024, raising concerns about its future growth potential.
In space news, NASA has decided to bring two astronauts home from the International Space Station in a SpaceX capsule instead of Boeing’s Starliner, marking a setback for Boeing’s space ambitions. Boeing’s stock has plummeted from $380 to $180 due to a series of issues with both their planes and spacecraft, including problems with the 737 MAX jet. Some analysts suggest Boeing should consider selling its space business.
In the media space, the Kelce brothers’ podcast, "New Heights," has seen a surge in popularity, especially after Taylor Swift’s involvement. Amazon is paying $33 million a year for three years to sell ads on the podcast, aiming to expand its streaming ad business, particularly among NFL fans. The podcast is consistently a top sports show on platforms like Apple and Spotify during football season.
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