Stay informed with the latest updates before the stock market opens. Discover key insights on market rotation, global IT outages, Netflix’s earnings, Amazon Prime Day sales, and the latest political developments impacting the market.
What was the percentage drop of the Dow Jones Industrial Average on Thursday?
- A) 0.78%
- B) 0.70%
- C) 1.29%
- D) 1.9%
- Answer: C) 1.29%
Which company’s shares rose nearly 3% on Thursday despite the overall market downslide?
- A) Microsoft
- B) Nvidia
- C) CrowdStrike
- D) Netflix
- Answer: B) Nvidia
What caused the major global IT outage affecting businesses worldwide?
- A) A Microsoft update
- B) A CrowdStrike tech update issue
- C) A Google server crash
- D) An Amazon web services error
- Answer: B) A CrowdStrike tech update issue
What were users of Microsoft’s Azure cloud computing platform experiencing?
- A) Data breaches
- B) The “blue screen of death”
- C) Loss of internet connectivity
- D) Slow performance speeds
- Answer: B) The “blue screen of death”
By how much did Netflix’s ad-supported memberships grow in the second quarter compared to the same period last year?
- A) 17%
- B) 25%
- C) 34%
- D) 40%
- Answer: C) 34%
What is Netflix planning to phase out by 2025 in their reporting?
- A) Revenue data
- B) Global subscriber numbers
- C) Average revenue per user
- D) Operating margin
- Answer: B) Global subscriber numbers
How much did U.S. consumers spend during Amazon Prime Day according to Adobe Analytics?
- A) $12 billion
- B) $14.2 billion
- C) $15 billion
- D) $16.5 billion
- Answer: B) $14.2 billion
Which product categories were the top sellers during Amazon Prime Day?
- A) Household essentials and office supplies
- B) Consumer electronics and back-to-school products
- C) Clothing and accessories
- D) Home appliances and furniture
- Answer: B) Consumer electronics and back-to-school products
What are Democratic megadonors pressuring President Joe Biden to do?
- A) Change his foreign policy
- B) Drop out of the 2024 race
- C) Increase campaign spending
- D) Select a new running mate
- Answer: B) Drop out of the 2024 race
Where did former President Donald Trump give his first public remarks since the assassination attempt?
- A) A campaign rally in Pennsylvania
- B) The White House
- C) The Republican National Convention in Milwaukee
- D) A press conference in New York
- Answer: C) The Republican National Convention in Milwaukee
What was the main concern of Democratic megadonors regarding Biden’s candidacy?
- A) His foreign policy decisions
- B) His health and fitness for office
- C) His debate performance and potential to lose the White House
- D) His economic policies
- Answer: C) His debate performance and potential to lose the White House
How many Dow categories saw losses on Thursday?
- A) 7 out of 10
- B) 8 out of 10
- C) 9 out of 10
- D) 10 out of 10
- Answer: C) 9 out of 10
What did Amazon say about their Prime Day revenue?
- A) It was below expectations
- B) It matched last year’s sales
- C) It was record-breaking
- D) It declined from previous years
- Answer: C) It was record-breaking
Which company experienced a share drop of up to 15% in premarket trading due to the IT outage?
- A) Microsoft
- B) Google
- C) CrowdStrike
- D) Amazon
- Answer: C) CrowdStrike
What is the Russell 2000 index focused on?
- A) Large-cap stocks
- B) Megacap tech plays
- C) Small-cap stocks
- D) International stocks
- Answer: C) Small-cap stocks
Which major global event is being discussed in relation to the political pressure on Biden?
- A) The Paris Climate Agreement
- B) The Afghanistan withdrawal
- C) The NATO summit
- D) The World Health Assembly
- Answer: B) The Afghanistan withdrawal
What specific performance of Biden is causing concern among Democratic megadonors?
- A) His economic policies
- B) His health status
- C) His debate performance
- D) His foreign policy
- Answer: C) His debate performance
What was a notable achievement for Netflix in the second quarter?
- A) Launching a new streaming service
- B) Acquiring a major competitor
- C) Adding more global subscribers and increasing ad-supported memberships
- D) Winning multiple awards
- Answer: C) Adding more global subscribers and increasing ad-supported memberships
How much did the S&P 500 lose on Thursday?
- A) 0.78%
- B) 1.29%
- C) 1.5%
- D) 2%
- Answer: A) 0.78%
What were Microsoft users worldwide experiencing due to the IT outage?
- A) Internet slowdowns
- B) Data breaches
- C) The “blue screen of death”
- D) Software malfunctions
- Answer: C) The “blue screen of death”
Which company reported a significant increase in ad-supported memberships during the second quarter?
- A) Amazon
- B) Netflix
- C) Hulu
- D) Disney+
- Answer: B) Netflix
What was one of the main topics Donald Trump discussed in his RNC speech?
- A) Healthcare reform
- B) Climate change
- C) The economy
- D) Education
- Answer: C) The economy
What is the impact of the major global IT outage on businesses?
- A) Increased sales
- B) Disruption of operations
- C) Decreased customer satisfaction
- D) Higher stock prices
- Answer: B) Disruption of operations
How did Amazon Prime Day 2024 compare to the previous year according to Adobe Analytics?
- A) Sales were lower
- B) Sales were the same
- C) Sales increased by 11%
- D) Sales increased by 20%
- Answer: C) Sales increased by 11%
What did Biden’s critics fear his debate performance might cost the Democratic Party?
- A) The presidential election and Senate majority
- B) The support of international allies
- C) Major business endorsements
- D) The House majority only
- Answer: A) The presidential election and Senate majority
What was the theme of Wednesday at the Republican National Convention?
- A) Make America Great Again
- B) Make America Safe Again
- C) Make America Prosperous Again
- D) Make America Strong Once Again
- Answer: D) Make America Strong Once Again
Which sectors saw losses in the S&P 500 on Thursday?
- A) All sectors except one
- B) Only the technology sector
- C) The financial sector only
- D) The healthcare sector only
- Answer: A) All sectors except one
What did Trump promise regarding illegal immigration?
- A) To open the borders
- B) To implement large-scale deportations
- C) To increase immigration quotas
- D) To provide amnesty for all immigrants
- Answer: B) To implement large-scale deportations
What was CrowdStrike’s response to the IT outage?
- A) They denied any issues
- B) They rolled back the update causing the issue
- C) They released a new update immediately
- D) They ignored the problem
- Answer: B) They rolled back the update causing the issue
What notable moment happened during Trump’s RNC speech related to his assassination attempt?
- A) He praised his security team
- B) He showed a video of the incident
- C) He referenced a graphic that likely saved his life
- D) He avoided discussing it
- Answer: C) He referenced a graphic that likely saved his life