Happy Thursday, Zingernation! Building a portfolio can be tough. It gets tougher when you have some absolute stinkers that are down 85% this year (I’m looking at you $WISA). But the late, great Charlie Munger said it’s all about getting the first $100k under your belt, and then it’s smooth sailing.

–Aaron Bry & Nic Chahine

Today’s Price Action:

$SPY: -.01%
$QQQ: -.02%
$DIA: +0.21%

Plus, check out the company that’s making electric vehicles for the air.

TODAY’S MOST VOLATILE STOCKS

TODAY’S TOP STORY

GameStop Stock Surges As Roaring Kitty Launches Video Countdown: What Investors Should Know

Briefly: Shares of video game retailer GameStop have been highly volatile in recent weeks after the return of Keith Gill, aka Roaring Kitty on social media.

Basically: Gill appears to be ready to host his first YouTube livestream in three years, a move that is sending GameStop shares higher Thursday.

What Happened: GameStop shares are trading higher Thursday after a countdown began for a video on Roaring Kitty's YouTube page. The move follows a recent post of an Uno reverse card by Roaring Kitty on X.

The Details: The video titled "Roaring Kitty Live Stream – June 7, 2024" is set to begin at 12 p.m. ET Friday.

So: At the time of writing there are over 12,000 people waiting for the video, which could suggest high demand for the first video from Roaring Kitty in over three years.

Click here to read more.

PRESENTED BY NEW HORIZON AIRCRAFT

On The Horizon: How One Company Plans To Use Its Innovative Aircraft Design To Tap Into A Soaring Market For Regional Air Travel

Investment in regional air mobility (RAM) is surging, fueled by innovative flight technologies that aim to revolutionize short-haul travel and connect small cities and rural areas. With the global RAM market projected to reach $115 billion by 2035, companies like New Horizon Aircraft (NASDAQ: HOVR) are leading the charge. Its Cavorite X7 eVTOL aircraft promises to deliver efficient, sustainable, and flexible travel solutions. As advancements in aviation technology continue to drive down costs and environmental impact, now is the time for investors to capitalize on this transformative market.

Click here to learn more.

FIVE MOVERS

Vail Resorts took a hit today, trading down more than 6% after the ski resort giant reported worse-than-expected earnings.

Amazon shares closed higher today, outperforming other mega-cap tech stocks after announcing a new TV deal for NBA rights.

Nio’s stock traded lower in today’s session after the EV maker announced weaker delivery numbers than the estimates.

DocuSign shares sold off after the close, despite announcing $1 billion in stock buybacks and an EPS beat.

Big Lots had a big miss, sending the stock lower by nearly 20% in the after-hours session.

ONE TRADE IDEA FOR TOMORROW

Netflix Tests New TV App Interface To Stop Users 'Doing Gymnastics With Their Eyes'

Briefly: Netflix Inc stock has soared following the success of its international projects and ad-supported plan. Its latest experiment is to redesign its TV app home screen amid the continued shift to streaming.

What Happened: Netflix announced the testing of an upcoming home screen redesign to The Verge.

Quoted: “We often see members doing gymnastics with their eyes as they're scanning the home experience,” Pat Flemming, Netflix's senior director of product, told the tech publication. "We really wanted members to have an easier time figuring out if a title is right for them."

So: The new look features larger title cards and automatically playing trailers with more information available under the card. Additionally, the change replaces Netflix’s left-side menu with a top-side menu. This is similar to Warner Bros Discovery Inc property Max’s menu.

Click here to read more.

PRESENTED BY NEW HORIZON AIRCRAFTS

On The Horizon: How One Company Plans To Use Its Innovative Aircraft Design To Tap Into A Soaring Market For Regional Air Travel

Investment in regional air mobility (RAM) is surging, fueled by innovative flight technologies that aim to revolutionize short-haul travel and connect small cities and rural areas. With the global RAM market projected to reach $115 billion by 2035, companies like New Horizon Aircraft (NASDAQ: HOVR) are leading the charge. Its Cavorite X7 eVTOL aircraft promises to deliver efficient, sustainable, and flexible travel solutions. As advancements in aviation technology continue to drive down costs and environmental impact, now is the time for investors to capitalize on this transformative market.

Click here to learn more.

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