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Technology
June 6, 2025

Market Rally

Hi Enthusiast,

Here’s a wild stat: Americans are rethinking their furry priorities. A new report from Bank of America shows a pullback in pet-related purchases — pet supply store sales slipped 4% year-over-year in April. While services like grooming and boarding are still rising (~4.2% inflation), food and treat prices have plateaued, likely nudging owners to cut back.

Markets opened with a bang after Sunday’s news that President Trump postponed plans to hike tariffs on European imports. That relief rally pushed the S&P 500 up 2%, the Nasdaq 100 up 2.4%, and small-caps via the Russell 2000 up 2.5% Tuesday.

All 11 S&P sectors posted gains, with discretionary and tech stocks leading the charge.

Chip stocks snapped a seven-day slump — Nvidia surged on buzz that its new China-focused AI processor is heading into full-scale production next month.

Cinemas Catch a Second Wind

Movie theaters just had their best Memorial Day in years — a comeback fueled by packed screenings and pent-up demand. AMC shares soared nearly 24% Tuesday.

The company said this past weekend brought record-breaking numbers for Memorial Day revenue across admissions, snacks, and total sales in the U.S. In fact, this was AMC’s strongest holiday showing since 2013.

Even Regal chimed in: they served up nearly 6.4 million pounds of popcorn over the long weekend (yes, that’s over 3,000 tons of buttery bliss).

That’s not to say AMC is in the clear — its stock was trading at year-lows earlier this year and remains down 12% for 2025. But analysts are warming up to the idea that theaters aren’t doomed just yet, especially with a blockbuster-heavy summer on deck.

The Bottom Line

They say you come here for spectacle. Some argue it’s foolish nostalgia — but in the dark, surrounded by strangers, we feel things more deeply. Maybe we need these stories. Because sometimes, the screen gives us something real.

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Disney Scores Big By Ditching Streaming for Silver Screens

Disney took a gamble with “Lilo & Stitch.” Originally destined for Disney+, the live-action remake made a theatrical detour — and it's raking in hundreds of millions.

This isn’t a fluke. Last fall, “Moana 2” made the same pivot, earning over $1B globally. It’s a signal: not all premium titles belong on streaming alone.

Remember when Disney went all-in on direct-to-streaming during the pandemic? Titles like “Soul” and “Luca” skipped theaters entirely. In hindsight, that might’ve cost them big-time.

Releasing to theaters first not only boosts ticket sales — it makes merchandise and theme park tie-ins even more lucrative.

And when it comes to tie-ins...

The Takeaway

Theater or no theater, Stitch sells. In 2024 — over two decades after the original film — global “Lilo & Stitch” merchandise sales still topped $2.6 billion.

Movers & Shakers
  • Trump Media slid after floating a bitcoin-buying stock sale
  • SoundHound AI soared after a bullish analyst upgrade
  • PDD Holdings dropped after a big Q1 earnings miss
  • Tesla rose — even as European sales slumped

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2 Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, and NDX® are trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.

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