LYV Jan 2025 110.000 call
| Previous close | 7.10 |
| Open | 5.40 |
| Bid | 5.50 |
| Ask | 5.80 |
| Strike | 110.00 |
| Expiry date | 2025-01-17 |
| Day's range | 5.28 - 5.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 313 |
- Yahoo Finance Video
Ether ETF approved, Live Nation antitrust suit: Morning Brief
After an eventful week compounded by Nvidia's (NVDA) fiscal first-quarter earnings, the major market averages (^DJI, ^IXIC, ^GSPC) are hoping to end the week on a high note and claw back some gains ahead of the Memorial Day Weekend. Morning Brief Hosts Seana Smith and Brad Smith walk investors through the top stories moving stocks in Friday's trading day, kicking off the session with Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner who compares the market sway of Nvidia's latest earnings to that of inflation data or the Federal Reserve's monetary policy. The Securities and Exchange Commission (SEC) approved ether ETF offerings on Thursday, leading Bloomberg Intelligence ETF Research Analyst James Seyffart to believe ethereum-exposed (ETH-USD) products will have similar success to the spot bitcoin ETFs (BTC-USD) rolled out at the start of 2024, just not on the same scale. Other top trending stories include the latest in the Department of Justice's (DOJ) antitrust suit against concert promoter and ticket seller Live Nation (LYV) and Charter Communications' (CHTR) content distribution deal with Paramount Global (PARA). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
DOJ sues Live Nation: What could happen to ticket prices?
US Department of Justice (DOJ) officials filed an antitrust lawsuit against concert promoter and ticket seller Live Nation (LYV) on Thursday, making the case that Live Nation created a monopoly through its ownership of Ticketmaster that ultimately resulted in inflated ticket prices. Live Nation has refuted these claims in a statement, saying Ticketmaster's service fees are no higher — if not lower — than on competing ticketing websites. Citi Managing Director Jason Bazinet focuses on the DOJ's antitrust crackdown in recent years and whether a breakup outcome would ultimately affect concert and event ticket prices. "This administration is trying to go back to structuralism, that's what's underpinning a lot of the antitrust actions that they're pursuing," Bazinet outlines. "And so that that's difficult, I think, for the judges to understand because they now have 40-plus years of case law that says this is really all about price. And that's why you see Live Nation in their response, focusing on price." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
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Live Nation faces antitrust lawsuit, JetBlue seeks expansion, Nvidia’s stock split, and other news to start your day.
