The Indicator from Planet Money

Let's party like it's NVIDIA earnings report day!

6 snips
Aug 30, 2024
A lively gathering unfolds at a Manhattan bar as fans celebrate NVIDIA's earnings call, complete with the drama of a stock price plunge. Controversy simmers as major publishers challenge a Florida law that restricts books in schools, raising questions about First Amendment rights. The NFL sees a shift as team owners allow private equity firms to invest, shaking up traditional ownership dynamics. Meanwhile, the soaring costs of NFL teams spotlight the challenges faced by potential buyers in a rapidly evolving market.
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ANECDOTE

NVIDIA Earnings Call Party

  • An NVIDIA earnings call party was held at a Manhattan bar.
  • The initially excited atmosphere turned somber as NVIDIA's stock price dropped despite strong earnings.
INSIGHT

Publishers Sue Florida

  • Five major English-language publishers sued Florida education officials.
  • They allege that a Florida law violates their First Amendment rights by vaguely restricting books with sexual content in school libraries.
ANECDOTE

Private Equity in the NFL

  • NFL owners voted to allow private equity firms to buy up to 10% of teams.
  • This move makes the NFL the last major American sport to permit such investments.
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