Motley Fool Money Burgers > Exercise
May 4, 2023
Bill Barker, a Motley Fool Senior Analyst, shares insights on the Fed's interest rate decisions, while also delving into Paramount's drastic dividend cuts and Peloton's ongoing struggles. Meanwhile, Jim Gillies, a Star Wars superfan, discusses Disney's acquisition of Lucasfilm and its impact on the franchise. He emphasizes the need for fresh storytelling and character development in future projects, suggesting that the key to revitalizing Star Wars lies beyond the familiar Skywalker saga.
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Federal Reserve Rate Hike
- The Federal Reserve's rate hike of 0.25% met market expectations, avoiding surprises.
- The market predicts a pause in rate hikes at the next meeting, with a potential decrease later.
Paramount Global Struggles
- Paramount Global's stock plummeted over 25% after drastically cutting its dividend by 80%.
- The company's need to retain cash suggests financial struggles in the streaming market.
Peloton's Uncertain Future
- Despite a smaller-than-expected loss, Peloton's stock continues to decline, reflecting its past struggles.
- The company's shift towards fitness apps faces strong competition in a saturated market.