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Walt Disney Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO&nbsp;Bob Iger&nbsp;announced a global <a href="https://www.benzinga.com/general/entertainment/24/04/38111752/disneys-netflix-like-password-sharing-crackdown-begins-this-june-as-bob-iger-tries-to-incre">crackdown on password-sharing</a>, citing&nbsp;Netflix Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) as the &#8220;gold standard&#8221; in terms of streaming. 
What Happened: During the <a href="https://www.benzinga.com/news/earnings/24/05/38669929/walt-disney-q2-earnings-profit-beat-moderating-parks-growth-password-sharing-crackdown-and-more">second quarter earnings</a> conference call on Tuesday, Iger said that Disney plans to implement the new policy in select markets starting next month, with a global rollout scheduled for September. &#8220;We feel quite bullish about it,&#8221; he stated. 
The move is expected to contribute to Disney&#8217;s future growth, Iger noted, citing Netflix&#8217;s success with a similar initiative. 
&#8220;We&#8217;re heartened by the results that Netflix has delivered in their password-sharing initiative and believe that it will be one of the contributors to growth,&#8221; he said, adding, &#8220;I think it&#8217;s also important to note, Netflix is in many respects a gold standard when it comes to streaming.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/general/entertainment/24/05/38547111/bob-iger-started-as-a-nobody-at-abc-for-150-a-week-and-rose-to-become-disney-ceo-5-lessons-">Bob Iger Started As A Nobody At ABC For $150 A Week And Rose To Become Disney CEO: 5 Lessons From His Incredible Journey That Can Help Advance Your Career</a>
The Disney CEO went on to say that when it comes to programming, their offerings stand out. They boast an impressive array of high-quality content spanning ESPN, Disney+, and Hulu. 
&#8220;What we&#8217;re building is the technology that Netflix has had in place and has been building for well over a decade to improve the business from a bottom-line perspective,&#8221; he stated. 
Why It Matters: Disney&#8217;s decision to crack down on password sharing aligns with a broader industry trend, as streaming platforms like&nbsp;Netflix, YouTube, and&nbsp;Hulu&nbsp;have also&nbsp;<a href="https://www.benzinga.com/general/entertainment/24/02/36882188/hulu-joins-streaming-giants-netflix-disney-and-youtube-in-password-sharing-crackdown">implemented&nbsp;similar measures</a> to curb password sharing.
In January earlier this year, Netflix expressed its satisfaction with the <a href="https://www.benzinga.com/news/earnings/earnings-misses/24/01/36751622/netflixs-co-ceo-says-thrilled-with-password-sharing-crackdown-sees-positive-impact-">outcomes of its efforts to curb password-sharing</a>, citing heightened engagement levels and a surge in new user registrations as a result. Netflix's co-CEO,&nbsp;Ted Sarandos said, &#8220;Our engagement is a bit impacted by our paid sharing. Think about it like fewer households using the same account.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38278466/netflix-q1-earnings-preview-subscriber-growth-potential-price-increase-ad-tier-plan">Following Netflix&#8217;s first-quarter earnings</a> report in April, Macquarie analyst&nbsp;Tim Nollen noted, &#8220;Netflix&#8217;s password-sharing crackdown on the heels of its ad tier launch helped drive nearly 30m sub adds in FY23.&#8221;
Meanwhile, Disney&#8217;s Q2 earnings showed a 1% year-on-year revenue growth to $22.08 billion, slightly below the $22.11 billion consensus. The company&#8217;s adjusted EPS of $1.21, however, exceeded the $1.09 consensus. 
The earnings report also highlighted a 5% year-on-year decline in Entertainment revenue to $9.8 billion, a 2% year-on-year growth in Sports revenue to $4.3 billion, and a 10% year-on-year increase in Experiences revenue to $8.4 billion.
Photo Courtesy: Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/markets/equities/24/05/38635874/elon-musk-is-astonished-by-warren-buffetts-berkshire-hathaway-amassing-as-much-cash-as-tesla-ceo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Is Astonished By Warren Buffett&#8217;s Berkshire Hathaway Amassing As Much Cash As Tesla CEO&#8217;s Wealth: &#8216;Wow&#8217;</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Entertainment

News

Tech

NFLX

Bob Iger Says This Streaming Platform Is The Gold Standard, Praises Rival For Cracking Down On Password Sharing: 'We're Heartened By The Results That Netflix Has Delivered'

The cryptocurrency market slid further Tuesday as market sentiment remained weak amid regulatory potshots taken at cryptocurrency entities.&nbsp;
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:45 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-1.63%</td>
<td>$62,321</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>-2.15%</td>
<td>$3,007</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>-4.34%</td>
<td>$0.1505</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin, the market bellwether, sank to $62,000, following a 1.63% drop in the last 24 hours.&nbsp;
The price drop eroded more than $167 million worth of active positions from the market in the last 24 hours, with long liquidations amounting to 77% of the total.
The second-largest cryptocurrency, Ethereum, which shed 2.15% in the 24 hours, saw $43.48 million in liquidations, followed by Bitcoin with $40.80 million in its positions getting recked.
Despite the negative price action, the number of traders taking long positions on Bitcoin surged in the last 24 hours, exceeding the ones shorting the coin by a ratio of 1.11:1.
The negative sentiment has lingered after brokerage firm Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) was <a href="https://www.benzinga.com/government/24/05/38647248/sec-nudges-robinhood-over-crypto-operations">slapped with a Wells Notice</a> from the SEC, the latest cryptocurrency company to get on the radar of U.S. regulators.
Top Gainer (24 Hour)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:45 p.m. EDT)</td>
</tr>
<tr>
<td>AIOZ Network (AIOZ)</td>
<td>+9.73%</td>
<td>$0.8088</td>
</tr>
<tr>
<td>Ethena (ENA)</td>
<td>+5.26%</td>
<td>$0.9429</td>
</tr>
<tr>
<td>Chiliz (CHZ)</td>
<td>+3.57%</td>
<td>$0.1275</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market cap now stands at $2.3 trillion, declining by 1.84% in 24 hours.
To the contrary, stocks moved higher on Tuesday. The Dow Jones Industrial Average moved 31.99 points to the north, or 0.08%, to close at 38,884.26. The S&amp;P 500 increased 0.13% to end the trading session at 5,187.70 points. The tech-heavy Nasdaq Composite, however, traded in the red, sinking 0.1% to 16,332.56 points when the markets closed.
The yield on the 10-year Treasury was up by less than 1 basis point to 4.63% as of 9:30 p.m. EDT.&nbsp;
Wall Street has been optimistic since the softer-than-expected U.S. jobs data fueled hopes of a more dovish monetary policy from the Federal Reserve.&nbsp;
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: According to on-chain analytics firm Santiment, most of the leading coins in the market were in buying zones. The inferences were drawn using the popular technical analysis tool, Relative Strength Index.
Ethereum's RSI was higher when compared to other assets, making it more vulnerable to a downside. On the other hand, Cardano's RSI was low, pitching it as a potential buy low candidate.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4ca; According to the Relative Strength Index, the majority of top market cap <a href="https://twitter.com/hashtag/cryptocurrencies?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrencies</a> are in slight buy zones. This popular momentum oscillator, which is commonly used in technical analysis, suggests <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> as a potential buy low candidate. <a href="https://t.co/czXDUodAY3">https://t.co/czXDUodAY3</a> <a href="https://t.co/hhYEwIkQZT">pic.twitter.com/hhYEwIkQZT</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1787878103391625233?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Cryptocurrency analyst Michael van de Poppe talked about the struggling state of the altcoin market since spot Bitcoin ETF approvals.
"Altcoins are still within their longest bear market since existence. The likelihood of a longer than four-year cycle increases day-by-day," the analyst said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">State of boredom for the markets after the Spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> ETF approval.<a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> are still within their longest bear market since existence. The likelihood of a longer than four-year cycle increases day-by-day.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1787887870042116401?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Kevin, another well-known cryptocurrency researcher and trader, echoed similar conclusions. 
"I have posted everything I can find numerous times and nothing has changed in months there&#8217;s no money flowing around Crypto. I&#8217;m not gonna feed you guys the same content over and over again and I cant resort to posting 1HR time frame non sense. Call me when something happens."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I have posted everything I can find numerous times and nothing has changed in months there&#39;s no money flowing around <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a>. I&#39;m not gonna feed you guys the same content over and over again and I cant resort to posting 1HR time frame non sense. Call me when something happens. <a href="https://t.co/YJaSpwmNp3">pic.twitter.com/YJaSpwmNp3</a>
&mdash; Kevin (@Kev_Capital_TA) <a href="https://twitter.com/Kev_Capital_TA/status/1787814370296107146?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by SvetlanaParnikova on Shutterstock
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38679616/trumps-potential-return-could-spur-crypto-growth-standard-chartered-report-suggests">Trump&#8217;s Potential Return Could Spur Crypto Growth, Standard Chartered Report Suggests</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$ETH

HOOD

Bitcoin Ethereum, Dogecoin Sink Further As Regulatory Woes Weigh Down Investors: Analyst Says Majority Top Market Cap Cryptos In 'Slight Buy Zones'

After Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">launched its new</a> iPad Air 6 and iPad Pro models on Tuesday, Tesla and SpaceX CEO Elon Musk raised questions about the tech giant's huge research and development investment.&nbsp;
What Happened: Musk took to X, formerly Twitter, and responded to a meme comparing Apple&#8217;s $30 billion R&amp;D spend in 2023 to the marginal improvement in the thickness of its new 11-inch iPad Pro.&nbsp;
The meme was captioned &#8220;How It Started&#8221; vs &#8220;How It&#8217;s Going.&#8221; In response, the tech billionaire said that considering it was a lot of money that was invested in R&amp;D, the Tim Cook-led company might be working on some "secret products."&nbsp;
See Also: <a href="https://www.benzinga.com/news/24/05/38542692/tesla-ceo-elon-musk-is-impressed-by-the-fact-that-jeff-bezos-aws-12-month-revenue-is-higher-than-466?itm_source=parsely-api">Tesla CEO Elon Musk Is Impressed By The Fact That Jeff Bezos&#8217; AWS 12-Month Revenue Is Higher Than 466 S&amp;P 500 Companies: &#8216;Wow&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">That's a lot of money. Maybe they have some secret products in development &#x1f937;&#x200d;&#x2642;&#xfe0f; ?
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1787914308225220993?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This isn't the first time, Apple's substantial R&amp;D investment caught Musk's attention. In January earlier this year, Tesla investor Sawyer Meritt highlighted that while the <a href="https://www.benzinga.com/news/24/01/36813294/tesla-spends-less-than-apple-on-r-d-in-2023-says-investor-elon-musk-hails-gigantic-differences-in-ef">EV giant spent almost $4 billion in FY23</a>, Apple and Microsoft invested $29.92 billion and $27.2 billion, respectively.&nbsp;
At the time, the Tesla CEO said, &#8220;There are gigantic differences in the effectiveness of R&amp;D spending between companies.&#8221;
Apple's newly unveiled iPad Pro features the M4 chip and OLED display. On the other hand, and iPad Air, now comes in two sizes, for the first time since its existence. 
The new iPad Pro has a starting price of $999 for 11-inch and $1,299 for the 13-inch model. Similarly, iPad Air 6 starts at $599 and $799, for 11-inch and 13-inch models, respectively.&nbsp;
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/05/38661242/elon-musks-grok-generates-summary-of-an-entire-apple-event-that-has-yet-to-take-place-x-user-wants-t">Elon Musk&#8217;s Grok Generates Summary Of An Entire Apple Event That Has Yet To Take Place, X User Wants To Know If MKBHD Will Now &#8216;Murder&#8217; The AI Chatbot</a>

AAPL

Elon Musk Isn't Sure Apple's Showed Its Entire $30B R&D Prowess With New iPads: 'Maybe They Have Some Secret Products…'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has expanded its Apple Pencil lineup, offering four distinct models with varying features and compatibility. The new model was announced on Tuesday, at the &#8220;Let Loose&#8221; event.
What Happened: The new model offers several unique features, including a barrel roll, a squeeze feature, haptic feedback, and Find My support. It is compatible with the M4 13-inch iPad Pro, M4 11-inch iPad Pro, M2 13-inch iPad Air, and M2 11-inch iPad Air, <a href="https://appleinsider.com/articles/24/05/07/apple-pencil-buyers-guide----which-of-the-four-models-works-with-your-ipad">reported</a> AppleInsider.
The Apple Pencil Pro is priced at $129, the same as the second-generation Apple Pencil, and can be financed through the Apple Card.
 The four Apple Pencil models are: Apple Pencil Pro: The latest addition to the lineup, it introduces new features such as a barrel roll, squeeze gesture, haptic feedback, and Find My support. It is priced at $129 and is compatible with the M4 13-inch iPad Pro, M4 11-inch iPad Pro, M2 13-inch iPad Air, and M2 11-inch iPad Air. Apple Pencil 2nd Generation: This model, introduced in November 2018, features magnetic attachment for wireless pairing and charging, tilt and pressure sensitivity, and the double-tap feature. It is also priced at $129 and is compatible with the 12.9-inch iPad Pro (3rd to 6th generation), 11-inch iPad Pro (1st to 4th generation), iPad Air (4th and 5th generation), and iPad mini (6th generation).
Apple Pencil USB-C: Released in November, this model complies with EU port standardization laws. It falls between the original Apple Pencil and the second-generation Apple Pencil in terms of functionality. It is available for $79 and is compatible with the same iPads as the Apple Pencil Pro, as well as the 12.9-inch iPad Pro (3rd to 6th generation), 11-inch iPad Pro (1st to 4th generation), iPad Air (4th and 5th generation), iPad mini (6th generation), and iPad (10th generation). 
Apple Pencil 1st Generation: This legacy model was introduced in 2015 and features a female Lightning connector for charging and pairing. It does not support Apple Pencil hover and does not connect to any iPad magnetically. It is priced at $99 and is compatible with the 12.9-inch iPad Pro (1st and 2nd generation), 10.5-inch iPad Pro, 9.7-inch iPad Pro, iPad Air (3rd generation), iPad mini (5th generation), and iPad (6th to 10th generation).
See Also: <a href="https://www.benzinga.com/news/24/05/38638286/tesla-investor-ross-gerber-calls-warren-buffett-tough-as-nails-businessman-after-berkshire-hathaway?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Investor Ross Gerber Calls Warren Buffett &#8216;Tough As Nails Businessman&#8217; After Berkshire Hathaway Dum</a>
Why It Matters: The introduction of these new Apple Pencil models comes on the heels of several other significant developments in Apple&#8217;s product lineup. In April, it was reported that the <a href="https://www.benzinga.com/news/24/04/38195315/apple-pencil-3-could-introduce-a-squeeze-of-innovation-with-multiple-gesture-controls">Apple Pencil 3</a> could feature multiple squeeze gestures, potentially improving the user experience. 
In March, it was reported that the <a href="https://www.benzinga.com/news/24/03/37926450/apple-vision-pro-could-soon-support-apple-pencil-allowing-air-drawing-to-become-reality">Apple Vision Pro</a> could soon support the Apple Pencil, allowing air drawing to become a reality. In February, it was reported that the Apple Pencil could get its <a href="https://www.benzinga.com/news/24/02/37262169/is-apple-pencil-set-to-get-its-biggest-upgrade-ever-new-patent-reveals-interchangeable-sleeves">biggest upgrade ever</a>, with the introduction of interchangeable sleeves.
Apple at the &#8220;Let Loose&#8221; event launched the <a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">iPad Pro with an M4 chip and OLED display</a> at $999, and the iPad Air 6 in two screen sizes for the first time.
Price Action: Apple Inc. is priced at $182.40, showing a gain of 0.38% on Tuesday&#8217;s close. However, it is down 1.75% year-to-date, according to the data <a href="https://pro.benzinga.com/dashboard">from Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/05/38660790/is-apple-back-in-the-ev-game-tech-giant-reportedly-eyes-rivian-partnership?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Is Apple Back In The EV Game? Tech Giant Reportedly Eyes Rivian Partnership</a>
Image Via Shutterstock 
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Equities

Global

Will The Apple Pencil Pro Work With Your iPad? Here's What The Buyers Need To Know

Alexis Ohanian, the co-founder of&nbsp;Reddit, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), shared his thoughts on the <a href="https://www.benzinga.com/news/24/04/38023433/netflix-co-founder-says-the-best-reason-to-work-on-a-startup-isnt-to-make-money">common misconceptions</a> about task management among startup founders.
What Happened: On Tuesday, Ohanian&nbsp;took to X, formerly Twitter, &nbsp;to discuss the importance of focus and flexibility in task management. He said that successful task management is not about rigid rules but rather about adaptability and transparency.
&#8220;What founders sometimes get wrong is that they think of task management as a set of hard rules that can&#8217;t be changed,&#8221; he stated, adding, &#8220;The opposite is actually true.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38659002/elon-musk-talks-immigration-starlink-mars-aliens-and-more-at-mi-global-if-you-have-to-die-somewhere?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Talks Immigration, Starlink, Mars, Aliens, And More At MI Global: &#8216;If You Have To Die Somewhere, Might As Well Be Mars&#8217;</a>
He also highlighted the significance of flexibility and transparency. Ohanian said that while flexibility helps founders to account for reality, transparency results in creating accountability for goals. 
&#8220;You should always be asking: What were we trying to do last week? Did we hit those goals? If not, what needs to change?&#8221;
The Reddit co-founder concluded by likening great task management to a discipline, stating, &#8220;Like a muscle, you need&nbsp;to use it continually in order to keep it strong.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Great founders are great at focus. When I started building <a href="https://twitter.com/Reddit?ref_src=twsrc%5Etfw">@Reddit</a>, I sucked at focus. I had to learn. Being great at focus means having excellent task management skills. What does that look like? The basics of task management are pretty well-known at this point. You set goals…
&mdash; Alexis Ohanian &#x1f1e6;&#x1f1f2; (@alexisohanian) <a href="https://twitter.com/alexisohanian/status/1787860005636428188?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
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</figure>
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Why It Matters: Ohanian&#8217;s insights come at a crucial time for Reddit. The company reported its&nbsp;<a href="https://www.benzinga.com/news/earnings/24/05/38683061/reddit-shares-soar-on-first-post-ipo-q1-results-strong-q2-guidance">first-quarter financial results</a>&nbsp;after the bell on Tuesday. The results showed quarterly losses of $8.19 per share, missing the analyst consensus estimate of losses of $6.97 by 17.5%. 
Meanwhile, earlier this year, Ohanian also <a href="https://www.benzinga.com/news/24/02/37299226/alexis-ohanian-says-jensen-huangs-trillion-dollar-nvidia-brainwave-at-dennys-is-better-than-his-bill">compared the humble beginnings</a> of Nvidia Corp. to his own Reddit launch. At the time, he said that Nvidia&#8217;s inception at Denny&#8217;s, which led to a trillion-dollar company, surpassed his own billion-dollar Reddit launch at Waffle House.
Photo Courtesy: Asatur Yesayants on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38542692/tesla-ceo-elon-musk-is-impressed-by-the-fact-that-jeff-bezos-aws-12-month-revenue-is-higher-than-466?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla CEO Elon Musk Is Impressed By The Fact That Jeff Bezos&#8217; AWS 12-Month Revenue Is Higher Than 466 S&amp;P 500 Companies: &#8216;Wow&#8217;</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

RDDT

Reddit Co-Founder Alexis Ohanian Shares Task Management Tips, It's Not A 'Set Of Hard Rules That Can't Be Changed'

Former Secretary of State, Hillary Clinton, has voiced concerns over the potential nationwide restriction of abortion rights if Donald Trump returns to office.
What Happened: On Tuesday, Clinton took to Twitter to express her apprehension about the future of women&#8217;s reproductive rights in the United States. She stated, &#8220;Right now, one in three American women live in a state where abortion is restricted or outright banned. If Trump wins office again, it'll be all of us.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Right now, one in three American women live in a state where abortion is restricted or outright banned. If Trump wins office again, it'll be all of us. Image via <a href="https://twitter.com/emilyslist?ref_src=twsrc%5Etfw">@emilyslist</a> <a href="https://t.co/YSoN9Petm0">pic.twitter.com/YSoN9Petm0</a>
&mdash; Hillary Clinton (@HillaryClinton) <a href="https://twitter.com/HillaryClinton/status/1787921127064391857?ref_src=twsrc%5Etfw">May 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Clinton has been vocal about her disapproval of the restrictive abortion laws in states like Arizona and Florida. She attributes these laws to the influence of Trump.
See Also: <a href="https://www.benzinga.com/news/24/05/38635052/house-minority-leader-hakeem-jeffries-warns-of-dire-consequences-for-womens-reproductive-rights-if-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">House Minority Leader Hakeem Jeffries Warns Of Dire Consequences For Women&#8217;s Reproductive Rights If Trump</a>
Why It Matters: Clinton has previously criticized Trump for his role in the <a href="https://www.benzinga.com/news/24/04/38195417/hillary-clinton-says-arizonas-near-total-abortion-ban-brought-to-you-by-donald-trump-its-going-great">near-total abortion ban in Arizona</a>, which she said was &#8220;brought to you by Donald Trump.&#8221; She also expressed concerns about the <a href="https://www.benzinga.com/news/24/04/38038951/hillary-clinton-blasts-trump-for-appointing-judges-that-overturned-legal-abortion-were-witnessing-th">repercussions of the overturning of Roe v. Wade</a>, a decision she also attributes to Trump.
Abortion has become a key issue for the 2024 election, with Trump often taking credit for helping overturn Roe v. Wade in 2022. Since then, about a <a href="https://www.benzinga.com/general/politics/24/04/38213007/trumps-changing-stance-on-abortion-arizona-ruling-bring-2024-election-topic-front-and-center-how">third of states</a> have prohibited the procedure in nearly all circumstances, including Arizona.
Read Next: <a href="https://www.benzinga.com/news/24/05/38632362/russian-troops-enter-us-military-base-in-niger-trumps-views-on-presidential-immunity-and-more-top-po?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Russian Troops Enter US Military Base In Niger, Trump&#8217;s Views On Presidential Immunity And More: Top Political Updates</a>
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Politics

General

Hillary Clinton Says 1-in-3 American Women Live In A State Where Abortion Is Restricted — 'If Trump Wins Office Again, It'll Be All Of Us'

Ukrainian counterintelligence has reportedly foiled a Russian plot to assassinate Ukrainian President Volodymyr Zelenskyy and other top-ranking military and political figures.
What Happened: Two colonels from the State Guard of Ukraine, who are tasked with protecting top officials, were arrested on suspicion of executing the plan. The plot was allegedly masterminded by Russia&#8217;s Federal Security Service (FSB). The Ukrainian state security service revealed that these colonels were recruited before Russia&#8217;s full-scale invasion of Ukraine in February 2022, according to a <a href="https://apnews.com/article/russia-ukraine-war-assassination-zelenskyy-4b301e9c9a1f067a45105303dff03198">report</a> by AP News.
The plan was to be executed prior to Russian President Vladimir Putin&#8216;s fifth-term inauguration on Tuesday, according to Vasyl Maliuk, head of the State Security Service. Maliuk personally oversaw the top-secret operation to uncover the plot.
Claims of Russian attempts to assassinate Zelenskyy are not new. Zelenskyy himself stated in 2022 that there had been at least 10 attempts on his life since the conflict with Russia began, now in its third year. Furthermore, a Polish man was arrested last month on suspicion of planning to spy for Russia&#8217;s military intelligence in a separate alleged plot to assassinate Zelenskyy.
See Also: <a href="https://www.benzinga.com/news/24/05/38658856/marjorie-taylor-greene-wraps-up-marathon-meeting-with-mike-johnson-marking-pivotal-moment-in-ouster?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Marjorie Taylor Greene Wraps Up Marathon Meeting With Mike Johnson, Marking Pivotal Moment In Ouster Vote</a>
Why It Matters: Zelenskyy has <a href="https://www.benzinga.com/news/24/02/37328892/ukraines-zelenskyy-equates-losing-war-against-russia-to-same-as-death-it-means-to-be-killed">previously equated</a> losing the war against Russia to death, stating that to lose to Putin means to be killed. This highlights the gravity of the situation and the high stakes involved in the ongoing conflict.
Moreover, Putin&#8217;s inauguration for his fifth term, which took place amid a boycott from the United States and several allied nations, signifies the <a href="https://www.benzinga.com/news/24/05/38669618/russian-president-sworn-in-for-fifth-term-amid-boycott-from-us-canada-britain">continuation of a regime</a> that has been a dominant force in Russia&#8217;s political scene since 1999. This development, coupled with the alleged assassination plot, underscores the escalating tensions and the severity of the two-year conflict in Ukraine.
Read Next: <a href="https://www.benzinga.com/news/24/05/38635052/house-minority-leader-hakeem-jeffries-warns-of-dire-consequences-for-womens-reproductive-rights-if-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">House Minority Leader Hakeem Jeffries Warns Of Dire Consequences For Women&#8217;s Reproductive Rights If Trump Wins 2024: &#8216;If Roe V. Wade Can Fall, Anything Can Fall&#8217;</a>
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Ukraine Says It's Foiled An Attempt To Kill Volodymyr Zelenskyy, Alleged Plot Was To Be Executed Before Russian President's Fifth-Term Inauguration

Former President Donald Trump is reportedly stepping in to resolve a conflict within the House GOP. Trump has advised Rep. Marjorie Taylor Greene (R-Ga.) to retract her threat to instigate a vote to remove Speaker Mike Johnson (R-La.) from his position.
What Happened: Trump had an extensive phone conversation with Greene over the weekend. Trump&#8217;s advice to Greene was to withdraw from the motion to vacate, as confirmed by three Republicans privy to the matter, <a href="https://www.politico.com/live-updates/2024/05/07/congress/trump-tells-greene-to-stand-down-00156509">reported</a> Politico.
Rep. Ryan Zinke (R-Mont.) disclosed that Trump had a weekend chat with Greene, cautioning her against impulsive actions. Another Republican, who preferred to remain unnamed, corroborated Trump&#8217;s instruction to Greene, saying, &#8220;He told her not to do it.&#8221;
Following Trump&#8217;s call, Greene had a meeting with Johnson on Monday afternoon, which lasted about two hours. They were accompanied by Rep. Thomas Massie (R-Ky.), another supporter of the ouster threat. Johnson and Greene are set to meet again on Tuesday afternoon to explore possible solutions.
Despite Trump&#8217;s intervention, Greene has stood by her decision to proceed with a referendum on Johnson&#8217;s speakership. She maintains that she is the GOP member genuinely advocating for policies that Trump endorses.
Trump&#8217;s backing for Johnson has provided an additional safeguard for the speaker and, at least temporarily, helped to mitigate Greene's threat of ouster. However, some Republicans have privately cautioned that Greene is courting political backlash.
See Also: <a href="https://www.benzinga.com/news/24/05/38668133/xi-jinping-says-he-would-never-forget-natos-bombing-of-chinese-embassy-25-years-ago-will-never-allow?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Xi Jinping Says He Would &#8216;Never Forget&#8217; NATO&#8217;s Bombing Of Chinese Embassy 25 Years Ago: &#8216;Will Never Allow</a>
Why It Matters: Greene&#8217;s threat to oust Johnson has been a <a href="https://www.benzinga.com/news/24/04/38539364/marjorie-taylor-greenes-ouster-threat-against-mike-johnson-gets-top-democrats-rallying-behind-house">source of tension</a> within the House GOP for some time. Greene has been threatening to oust Johnson for over a month, accusing him of making deals with Democrats.
At the beginning of the month, Benzinga reported that Greene <a href="https://www.benzinga.com/news/24/05/38570812/marjorie-taylor-greene-says-she-will-attempt-to-oust-house-speaker-mike-johnson-next-week-let-the-ch">announced her intention</a> to demand a vote on a motion to remove Johnson. She criticized Johnson for collaborating with Democrats to pass major legislation.
Later it was reported that Greene and Johnson held a lengthy meeting, sparking speculation of a potential resolution to the ongoing tension over Greene's motion to oust Johnson.
Photo Courtesy: Shutterstock.com
Read Next: <a href="https://www.benzinga.com/government/24/05/38630925/buffett-says-no-other-americans-would-have-had-to-pay-even-a-dime-in-federal-taxes-if-this-had-happe?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened</a>
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Trump Reportedly Intervened In Feud Between Marjorie Taylor Greene And Mike Johnson: 'He Told Her Not To Do It'

In a recent interview, South Dakota Governor Kristi Noem defended her decision to shoot her dog, a move that has sparked widespread criticism. 
What Happened: The interview, conducted by host Stuart Varney of Fox Business, also touched on the potential implications of this incident on Noem&#8217;s political future. Noem and Varney had a heated exchange during the interview. Noem stood by her decision to shoot her dog, which she described as &#8220;vicious, dangerous&#8221; and a threat to her children and livestock. She also included this incident in her memoir, arguing that many politicians shy away from the truth, <a href="https://thehill.com/homenews/state-watch/4650094-kristi-noem-cuts-off-dogged-fox-business-host-enough-stuart/">reported</a> The Hill.
Varney questioned whether this incident could jeopardize Noem&#8217;s chances of becoming former President Donald Trump&#8217;s running mate. Noem sidestepped the question, emphasizing her need for Trump to return to the White House to continue her work. She also addressed the backlash, stating that people are using the incident to undermine her because they fear her.
&#8220;I know that a lot of people are using attacks to try to take me down because they're scared of me,&#8221; said Noem.
See Also: <a href="https://www.benzinga.com/news/24/04/38539108/trump-says-if-supreme-court-decides-president-doesnt-get-immunity-then-biden-will-be-prosecuted-for?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Says If Supreme Court Decides President Doesn&#8217;t Get Immunity Then Biden &#8216;Will Be Prosecuted For All His Crimes&#8217;</a>
Why It Matters: This incident has been a <a href="https://www.benzinga.com/news/24/04/38476976/trump-vp-contender-kristi-noem-stirs-controversy-defending-dogs-brutal-killing-on-family-farm-it-had">source of controversy</a> for Noem, who is considered a potential running mate for Trump. Noem faced criticism for describing her dog, Cricket, as &#8220;untrainable&#8221; and &#8220;dangerous&#8221; in her memoir and for her decision to euthanize the dog.
Noem&#8217;s comments about President Joe Biden&#8217;s dog, Commander, in her book have also stirred controversy. Noem suggested that Biden&#8217;s dog should have <a href="https://www.benzinga.com/news/24/05/38636121/kristi-noem-might-have-gone-a-little-too-far-trumps-potential-vp-pick-faces-backlash-over-comments-o">met the same end</a> as her dog, a comment that drew criticism from various quarters, including former GOP congressman Joe Walsh.
Read Next: <a href="https://www.benzinga.com/news/24/05/38635067/elon-musk-says-robert-de-niro-is-so-out-of-touch-its-insane-after-legendary-actor-compares-trump-to?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says Robert De Niro Is &#8216;So Out Of Touch, It&#8217;s Insane&#8217; After Legendary Actor Compares Trump To Hitler, Calls Ex-President A &#8216;Monster&#8217;</a>
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Kristi Noem On Whether Shooting Her Dog Could Jeopardize Her Chances Of Becoming Trump VP — Trying To 'Take Me Down Because They're Scared Of Me'

Exploring the innovative world of cannabis consumption, Weedgets stands out with its Maze-X Pipe, a product that seeks to redefine the smoking experience. From a personal standpoint, this isn&#39;t just another pipe,&nbsp;it&#39;s a well-thought-out device designed to make each puff smoother and less harsh on your throat than most pipes out there. Even as someone who traditionally prefers joints, I found the Maze-X Pipe&#39;s sleek design and protective features quite impressive. The sturdy aircraft-grade aluminum exterior safeguards the integral glass parts, which are crucial for a superior pipe experience.
The Maze-X Pipe&#39;s waterless filtering and cooling technology is at the heart of its appeal, drastically reducing the temperature of the smoke before it reaches you. This patented cough-less technology not only cools but also removes hot resin and tar, making each inhalation cleaner and safer. The removable borosilicate glass bowl is a highlight, durable enough to withstand high temperatures without compromising on safety or quality.
<h3>For The Joint Smokers: Activated Carbon Filters</h3>
Moving beyond the pipe, Weedgets offers a game-changing accessory for joint enthusiasts like myself: activated carbon filters. Priced at $22.99 for 80 pieces, these filters represent a significant step forward in smoking technology. The nanocrystal material used in these filters is derived from natural minerals and is engineered to trap harmful molecules without producing the charcoal dust typical of other filters.
Here&#39;s what makes these filters special:
<ol>
<li>
Nano Crystal Technology: These filters employ a nanocrystalline absorption principle, which is similar in efficiency to bamboo charcoal and activated carbon but without the mess. They&#39;re designed to absorb toxic gases and odors, ensuring that each puff is as clean as it is enjoyable.
</li>
<li>
Enhanced Safety: By trapping carcinogens and other harmful constituents of smoke, these filters provide a healthier way to enjoy cannabis. Importantly, they do this without significantly reducing the THC content, meaning you get all the benefits of your herb without the unwanted extras.
</li>
<li>
Usage and Longevity: Ideal for both pipes and joints, these filters are easy to use. Just plug them into the open end of the filter tip. Each filter lasts for one to three&nbsp;joints or pipe sessions, depending on usage, effectively indicating its replacement time when you start to feel tar coming through.
</li>
</ol>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Cannabis

Review: Is This The Best Weed Pipe On The Market? My Experience With Weedgets - Smooth Hits And Sleek Design

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

American Hotel Inc Props (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AHOTF#OTC">AHOTF</a>) reported quarterly losses of $(0.01) per share. This is a 114.29 percent decrease over earnings of $0.07 per share from the same period last year. The company reported $66.49 million in sales this quarter. This is a 1.58 percent increase over sales of $65.46 million the same period last year.

Earnings

AHOTF

American Hotel Inc Props Q1 AFFO $(0.01) Down From $0.08 YoY, Sales $66.49M Up From $65.46M YoY

Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) reported quarterly earnings of $4.90 per share which beat the analyst consensus estimate of $1.51 by 224.5 percent. This is a 91.41 percent increase over earnings of $2.56 per share from the same period last year. The company reported quarterly sales of $401.00 million which missed the analyst consensus estimate of $441.56 million by 9.19 percent. This is a 6.96 percent decrease over sales of $431.00 million the same period last year.

Pampa Energia Q1 EPS $4.90 Beats $1.51 Estimate, Sales $401.00M Miss $441.56M Estimate

Legendary investor Warren Buffett, with over $133 billion net worth, is a bookworm. He thinks knowledge is like interest – the more you read, the better it compounds. The Oracle of Omaha has recommended several books over decades, and if you want to be successful like him, you might want to read what he reads.
"Read 500 pages like this every day," Buffett once <a href="http://www.omaha.com/money/investors-earn-handsome-paychecks-by-handling-buffett-s-business/article_bb1fc40f-e6f9-549d-be2f-be1ef4c0da03.html">told</a> students&nbsp;at Columbia Business School when someone asked him how to prepare for a career in investing.
"That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not very many of you will do it."
Here are five books that shaped Buffett's success.
<h3 class="wp-block-heading">1. Poor Charlie's Almanack</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033036/Poor-Charlies-Almanack-1024x576.jpg" alt="" class="wp-image-322499" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033036/Poor-Charlies-Almanack-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033036/Poor-Charlies-Almanack-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033036/Poor-Charlies-Almanack-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033036/Poor-Charlies-Almanack.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Poor Charlie's Almanack &#x7C; Image courtesy: Amazon</figcaption></figure>
This book, edited by Peter D. Kaufman, contains wisdom of Buffett's late friend and business partner, Charlie Munger, from <a href="https://www.benzinga.com/general/entertainment/24/05/38629253/warren-buffetts-annual-shopping-extravaganza-begins-showcasing-charlie-munger-squishmallows">his letters and essays.</a>
"This book is something of a publishing miracle—never advertised, yet year after year selling many thousands of copies from its Internet site," said Buffett, underlining just how popular this book is.
<h3 class="wp-block-heading">2. The Intelligent Investor</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033105/The-Intelligent-Investor-1024x576.jpg" alt="" class="wp-image-322500" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033105/The-Intelligent-Investor-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033105/The-Intelligent-Investor-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033105/The-Intelligent-Investor-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033105/The-Intelligent-Investor.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The Intelligent Investor &#x7C; Image courtesy: Amazon</figcaption></figure>
Buffett recommended "The Intelligent Investor" by Benjamin Graham in his 2011 letter to shareholders.
"In my early days, I, too, rejoiced when the market rose. Then I read chapter eight of Ben Graham's ‘The Intelligent Investor,' the chapter dealing with how investors should view fluctuations in stock prices."
"Immediately, the scales fell from my eyes, and low prices became my friend. Picking up that book was one of the luckiest moments in my life," he added, which also explains his value investing philosophy.
<h3 class="wp-block-heading">3. The Clash Of Cultures</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033131/The-Clash-Of-Cultures-1024x576.jpg" alt="" class="wp-image-322501" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033131/The-Clash-Of-Cultures-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033131/The-Clash-Of-Cultures-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033131/The-Clash-Of-Cultures-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033131/The-Clash-Of-Cultures.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The Clash Of Cultures &#x7C; Image courtesy: Amazon</figcaption></figure>
Written by John C. Bogle, founder of The Vanguard Group, The Clash Of Cultures talks about some common rules of investing and sheds light on how investment behavior in the mutual fund industry has changed over time.
<h3 class="wp-block-heading">4. The Little Book Of Common Sense Investing</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033146/The-Little-Book-Of-Common-Sense-Investing-1024x576.jpg" alt="" class="wp-image-322502" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033146/The-Little-Book-Of-Common-Sense-Investing-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033146/The-Little-Book-Of-Common-Sense-Investing-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033146/The-Little-Book-Of-Common-Sense-Investing-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033146/The-Little-Book-Of-Common-Sense-Investing.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The Little Book Of Common Sense Investing &#x7C; Image courtesy: Amazon</figcaption></figure>
This is the second Bogle book recommended by Buffett. In his 2014 letter, Buffett said, "Rather than listening to their siren songs, investors — large and small — should instead read ‘The Little Book of Common Sense Investing.'"
<h3 class="wp-block-heading">5. Shoe Dog</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033157/Shoe-Dog-1024x576.jpg" alt="" class="wp-image-322503" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033157/Shoe-Dog-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033157/Shoe-Dog-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033157/Shoe-Dog-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/04033157/Shoe-Dog.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Shoe Dog &#x7C; Image courtesy: Amazon</figcaption></figure>
Written by Phil Night, co-founder of Nike Inc., "Shoe Dog" was Buffett's recommendation in his 2016 letter.
Buffett said Night "is a very wise, intelligent and competitive fellow who is also a gifted storyteller."
Photo courtesy: Shutterstock

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Liberty Latin America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LILAK#NASDAQ">LILAK</a>) reported quarterly sales of $1.10 billion which missed the analyst consensus estimate of $1.11 billion by 0.99 percent. This is a 0.45 percent decrease over sales of $1.10 billion the same period last year.

LILAK

Liberty Latin America Q1 Sales $1.10B Miss $1.11B Estimate

Suncor Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/SU#TSX">SU</a>) reported quarterly earnings of $1.05 per share which missed the analyst consensus estimate of $1.29 by 18.6 percent. This is a 3.96 percent increase over earnings of $1.01 per share from the same period last year. The company reported $9.296 billion in sales this quarter. This is a 2.54 percent increase over sales of $9.066 billion the same period last year.

Earnings Misses

TSX:SU

Suncor Energy Q1 2024 Adj EPS $1.05 Misses $1.29 Estimate, Sales $9.296B Up From $9.066B YoY

Granite Point Mortgage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPMT#NYSE">GPMT</a>) reported quarterly earnings of $0.03 per share which met the analyst consensus estimate. This is a 85 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $12.523 million which missed the analyst consensus estimate of $15.263 million by 17.95 percent. This is a 45.35 percent decrease over sales of $22.913 million the same period last year.

GPMT

Granite Point Mortgage Q1 2024 Adj EPS $0.03, Inline, Sales $12.523M Miss $15.263M Estimate

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Earnings Beats

VERI

Veritone Q1 2024 Adj EPS $(0.20), Inline, Sales $31.636M Beat $30.700M Estimate

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EFXT

Enerflex Q1 2024 GAAP EPS $(0.11) Misses $0.12 Estimate, Sales $473.352M Miss $792.733M Estimate

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Montrose Environmental Gr Q1 2024 Adj EPS $0.16 Beats $(0.45) Estimate, Sales $155.325M Beat $152.160M Estimate

Fortitude Gold reports FY results

Fortitude Gold declares $0.04 dividend

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ALTO

ASPI

FEAM

GDXJ

METC

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Press Releases

Fortitude Gold Reports 2023 Net Income of $17 Million, $656 All-in Sustaining Cost, and Increased Cash Balance to $48.7 Million

Dividends

Fortitude Gold Declares March 2024 Monthly Dividend

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