>>Ahead Of The Bell
(Undated) -- The opening bell rings this morning after stocks ended mixed on Thursday. At the closing bell, the Dow Jones Industrial Average gained 78 points to 38-886. The S&P 500 fell by one point to 53-52. The Nasdaq dropped by 14 points to 17-173.
>>Jobs Report Due
(New York, NY) -- The monthly jobs report is due out this morning. Most analysts expect to see the numbers coming in at right around 190-thousand. That would be a step up from the previous month's 175-thousand. The unemployment rate is forecast to hold steady at three-point-nine percent.
>>GameStop Shares Soar After 'Rolling Kitty' Announcement
(Undated) -- GameStop shares are soaring following a scheduled Youtube live event from meme stock originator "Roaring Kitty." Stock shot up as much as 50-percent Thursday, with the livestream scheduled for noon Eastern today. Roaring Kitty gained prominence on social media in 2019 when he shared his thoughts on buying GameStop stock, which was barely trading for a dollar at the time. By January 2021, it was peaking at over 80-dollars.
>>Kohl's Says It's Not Sponsoring The GOP Convention
(Milwaukee, WI) -- Kohl's department store says it will not be sponsoring any events related to the upcoming Republican National Convention. The nationwide retailer is based in Milwaukee, where the GOP convention will be held next month. A spokeswoman for Kohl's told CNBC that the company is "not a political organization nor donor and is not sponsoring nor engaging in any specific RNC events." Filings from the Federal Elections Commission show that Kohl's has not funded either the Republican or Democratic conventions in over ten years.
>>Meta And Google Threaten To Block News Content
(San Diego, CA) -- Meta and Google are threatening to block news content in California. This comes in response to a proposed state law known as the 'California Journalism Preservation Act'. The act is currently under consideration in the Senate. It would require advertising giants like Meta and Google to pay a fee for news content. Publishers would be required to reinvest that money into jobs for journalists. Meta and Google are already blocking news content in Canada, where voters passed a similar law. For example, say there's a wildfire and someone posts an alert from a news outlet on FaceBook or Instagram, an error would pop up saying that article can't be shared.
>>Memphis To House Musk's xAI Supercomputer
(Memphis, TN) -- Elon Musk is eyeing Memphis, Tennessee for the home of his next multi-billion dollar project. The Tesla billionaire said this week that his xAI Gigafactory of Compute will be located in the Bluff City. Greater Memphis Chamber President and CEO Ted Townsend made the announcement during a press conference yesterday. The gigafactory will be the world's largest supercomputer, according to Musk.
>>Ticket Prices Soaring For Game Two Of NBA Finals
(Boston, MA) -- The cost will be steep for anyone looking to score last minute tickets to game two of the NBA Finals in Boston. The Celtics crushed the Dallas Mavericks 107-89 in Game One and are headed back into action on Sunday. Two seats together at the sold out game at TD Garden start at around 800-dollars on the aftermarket ticket resale site StubHub. The most expensive seats on the site are courtside in the VIP zone, with the highest prices for two seats at nearly 13 grand each.
