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GameStop's eBay moonshot
To:Brew Readers
Brew Markets // Morning Brew // Update
Plus, Anthropic has some new friends.

Good afternoon, and May the Fourth be with you.

Today’s a celebration of all things Star Wars, and while the overlap between financial nerds and sci-fi geeks might be slim, let’s see how many of you can flex both your movie trivia knowledge and your investing acumen at the same time, with the following pop quiz:

  • Which Star Wars film had the biggest total worldwide box-office haul?
  • Which film had the best ROI (a movie’s returns divided by its costs)?
  • How much did it cost to build the original Death Star (give or take a couple quadrillion dollars)?

Answers at the bottom of today’s newsletter!

Lucy Brewster, Sissy Yan & Mark Reeth

In today’s newsletter, we’ll chat about:

  • GameStop’s attempt to take over eBay
  • Big Tech’s reliance on private startups
  • Anthropic’s new friends on Wall Street

MARKETS

Nasdaq

25,067.80

S&P

7,200.75

Dow

48,941.90

10-Year

4.446%

Bitcoin

$80,042.25

Oil

$105.28

Data is provided by

*Stock data as of market close, cryptocurrency data as of 4:00pm ET. Here's what these numbers mean.

  • Stocks: Reports that the UAE intercepted multiple missiles from Iran, and that the US and Iran swapped attacks against one another, sent stocks tumbling lower as investors fretted about renewed hostilities.
  • Commodities: Oil prices popped on the news, even as the US attempts to open the Strait of Hormuz and alleviate constricted crude supply in what President Trump has dubbed “Project Freedom.”
  • Crypto: Bitcoin broke above $80,000 for the first time since January thanks to some clarity on the CLARITY Act.
 
   
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