Stock Market Winners & Losers: S&P 500, Nasdaq Retreat from Records | The End of the Swift Economic Era | The Simpsons Take the Field During MNF
The S&P 500 and Nasdaq retreated from record highs, with Nvidia dropping 2% after scrutiny from Chinese regulators. Inflation continues to hit hard, with Chipotle raising menu prices for the fifth time since 2021, citing rising avocado and dairy costs.
Taylor Swift’s Eras Tour concluded in Vancouver, cementing its legacy as a cultural phenomenon. With 154 shows generating $2.2B and fans spending $1,300 on average, the tour boosted economies post-COVID. Merch sales hit $440M, while the Eras Tour movie earned $261M, and the tour book sold 814,000 copies in one weekend.
The NFL is experimenting with innovative broadcasts to attract younger fans. ESPN+ and Disney are showcasing players as Simpsons characters in tonight’s game, aiming to win over kids who prefer platforms like TikTok and YouTube.
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