Markets Now Tuesday, May 4, 2024

Analysis: YOLO is dying. That could be bad news for the economy

Five years after the onset of the pandemic, the free-spending cabaret is coming to an end.  
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Indian stocks have worst day in 4 years as Modi’s hopes of a huge majority fade

Indian stocks plunged Tuesday as vote counting in the country’s election suggested Prime Minister Narendra Modi’s dream of a landslide victory is at risk, raising doubts about his ability to push through more aggressive economic reforms.  
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Jon Stewart tackles fallout of the Trump hush money trial

Jon Stewart pokes fun at the Democrat’s and Republicans’ responses to Donald Trump’s guilty verdict in the New York hush money trial.  
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Bill Ackman is probably about to get a lot richer. And much louder

Bill Ackman, the Wall Street agitator who’s become an armchair political crusader for the put-upon billionaire class, is cashing in on his social media clout in a deal that could make him boatloads more money.  
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New airplane business class seat design has huge 45-inch TV screen

Collins Aerospace and Panasonic Avionics have teamed up to reimagine the future of airplane TV and movie-viewing, via an innovative seat concept called MAYA.  
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Musk accused of improperly selling $7.5 billion in Tesla stock before weak sales report that crashed its price

Elon Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the price of that stock plunging.  
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Source: CNN Business

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