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Today’s MRKT Call is Presented by SoFi

New S&P 500 Highs Ahead?

Guy Adami and Liz Young break down the top market headlines and bring you stock market trade ideas for Wednesday, May 8th.

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Today’s Okay, Computer. is Presented by RBC and Current

Top Picks For 2024 with Dan Niles

On this episode of “Okay, Computer.” Dan Nathan is joined by his “On The Tape” co-host Guy Adami to interview Brent Montgomery, CEO of Wheelhouse, and Mauricio Umansky, Founder & CEO of The Agency and star of the Netflix series “Buying Beverly Hills.” They discuss Brent’s history of creating reality TV shows (3:00), monetizing “Real Housewives of Beverly Hills” and what makes a great show (7:00), Wheelhouse (15:00), casting for reality TV (17:00), being yourself on TV (22:00), the media landscape (27:00), and the real estate market (30:00).

WHAT WE’RE READING

• Stock Traders ‘Take a Step Back’ After Winning Run (Bloomberg)

• Shopify shares plunge 19% on weak guidance (CNBC)

• Uber reports first-quarter results that beat expectations for revenue, but posts net loss (CNBC)

• Why Lyft's Stock is Pulling Ahead of Uber's (WSJ)

• Rents Set to Be Last Domino to Fall in Global Inflation Battle (Bloomberg)

• Oil Erases Losses as Stockpile Decline Signals Tighter Market (Bloomberg)

• Traders bet against sterling in belief BoE will cut rates by summer (FT)

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