Diamonds and Dogs

5/2/22

Roku (ROKU) is jumping 7% after announcing they will be adding Apple Music app, a premium music subscription service, to all of their Roku platforms. Users will be able to access over 90 million songs and 30,000 expert-curated playlists for any occasion, ad-free on the Apple Music app. The Roku channel store will offer a 1-month free trial. After the trial, Apple Music plans are available for purchase starting at $9.99/month.

Moody's (MCO) has all the excuses. Credit Rating is down 5% after inline earnings as revenues fell 4.9% to $1.52 billion. They also lowered guidance with every excuse in the book including the effects of interest rates, inflation, the ongoing crisis in Ukraine and the impact of Covid-19. Other than that, things are great.

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