📊 Market Pulse — Daily of 09 May 2026

📊 Market Pulse — Daily of 09 May 2026


📉 Trump in red ink calamity as media company loses $400 million in last quarter
Donald Trump's media company, Trump Media and Technology Group, has reported a significant financial loss of over $400 million in the last quarter. This comes despite bringing in only a few hundred thousand dollars in sales, raising concerns about the company's financial stability.
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📈 China's exports jump in April ahead of Trump-Xi summit
China's exports saw a substantial increase of 14.1% in April compared to the previous year. This growth occurred despite ongoing global economic challenges, including the Iran war and the lingering effects of U.S. tariffs, and comes just before a planned meeting between leaders.
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💊 Oral Ozempic and Wegovy pills now available for same-day delivery on Amazon
Novo Nordisk's popular oral weight-loss medications, Ozempic and Wegovy, are now accessible for same-day delivery through Amazon. This development offers increased convenience for consumers seeking these treatments.


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⚖️ Nike sued over alleged failure to refund tariff costs to consumers
Nike is facing a class action lawsuit that accuses the company of not passing on tariff-related cost refunds to its customers. The lawsuit claims that Nike should not have retained these significant refunds while continuing to charge consumers higher prices.
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🎮 Nintendo president apologizes for Switch 2 price increase, promises "robust software lineup" to make up for it
Nintendo's president has apologized for the upcoming price increase of the Switch 2 console, which will affect prices globally. He assured consumers that a strong lineup of software will be released to compensate for the higher hardware cost.
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