7/29/21 - Black Widow vs. Disney and How Does Robinhood Make Money?

Hello everyone, On today’s session, I talk about Facebook’s earnings, the Gross Domestic Product report, Robinhood’s IPO, and Scarlett Johansson suing Disney over Black Widow. Here are some insight’s that I provide as part of today’s session. 1.  Why did Facebook’s stock decline after a blockbuster earnings report and what often happens to stocks afterwards. 2.  What is the Gross Domestic Product and why did the market shrug off less than expected numbers? 3.   How does Robinhood make money by charging zero commissions on trades and a few general comments on the IPO process and stock trading symbols. 4.  The basis for Scarlett Johansson’s lawsuit against Disney in regards to Black Widow and how releasing on streaming services may affect the financials of big budget movies going forward.                                            Bill