• 4 months ago
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and how you can now buy bullets from a vending machine.

Category

🥇
Sports
Transcript
00:00I'm Conway Gittins reporting from the New York Stock Exchange.
00:02Here's what we're watching on the street today.
00:04Inflation, earnings, and interest rates drove market action on Thursday.
00:08Consumer inflation dropped month to month for the first time in four years, bolstering
00:13hopes for a Federal Reserve interest rate cut as early as September.
00:17On the earnings front, Delta says there are too many airline seats, which put pressure
00:21on ticket prices last quarter, leading it to a sales miss.
00:25PepsiCo also failed to hit sales forecasts, saying consumers are fed up with price hikes.
00:31Attention now turns to the big banks, reporting on Friday.
00:35In other news, an ammunition company is betting Americans won't mind buying bullets along
00:41with their bread.
00:42American Rounds is setting up vending machines inside supermarkets that carry a wide array
00:47of bullets.
00:48These machines, which are encased in 2,000 pounds of steel, are equipped with other security
00:53measures including artificial intelligence, card scanning, and facial recognition.
00:58Buyers have to be at least 21 years old.
01:01A state-issued ID and a credit card have to be inserted into a card reader to verify identity
01:07and age.
01:09The information is then matched with images taken from a camera mounted on top of the
01:13machine.
01:14If all checks out, the bullets load into an accessible bin like any other product in any
01:19other vending machine.
01:21The company's website says, quote, this robust system ensures that all transactions comply
01:26with federal and local regulations, maintaining the highest standards of responsible sales.
01:32The machines can be found in 10 supermarkets, mainly across the South.
01:37That'll do it for your daily briefing from the New York Stock Exchange.
01:39I'm Conway Gittens with The Street.

Recommended

0:42
I
Up next
Disney Projects Strong Earnings Growth, Streaming Profits Surge Driven By Add-Supported Plans
Benzinga
0:40
Celebrities Exit Elon Musk's X Over Hate-Speech, Bots, And Crypto Scams. Bluesky Topps App Download Charts On Apple And Google.
Benzinga
0:42
Airbnb Sponsors Faux Gladiator Fights At Historic Roman Colosseum For The First Time in 2,000, Promoting 'Conscious Tourism'
Benzinga
1:12
An Enchanting Finale on ABC’s The Golden Bachelorette
FanReviews
2:36
Abandoned at Birth on Netflix’s Mr. Plankton
FanReviews
1:27
A Fishy Operation on CBS’ S.W.A.T.
FanReviews
2:00
Bluesky adds 2.5 million users since Donald Trump’s reelection
The Street
1:20
What the demand for EVs looks like in 2025
The Street
1:59
TSMC award $6.6 billion grant for Arizona plant
The Street
1:44
Roy Jones Jr. Confirms Mike Tyson Meant Jake Paul Slap: ‘That’s Mike, That’s Vintage Mike’
What's Trending
0:45
Ariana Grande and Ethan Slater Show Rare PDA on ‘Wicked’ Red Carpet
What's Trending
1:55
Wicked’ Director Jon M. Chu Claims ‘The Oz’ Comes at Pivotal Shifts Throughout US History
What's Trending
1:25
Why this veteran analyst is cautiously optimistic on Nvidia
The Street
1:45
Generation Z increasingly couldn't care less about luxury brands
The Street
1:52
Tesla recalls Cybertrucks for sixth time this year
The Street
2:03
Amazon unveils Amazon Haul S_PM
The Street
1:52
How to avoid overspending during the holiday shopping season
The Street
2:02
DirecTV threatens to call off Dish Network deal
The Street
1:59
Food prices see first drop since the pandemic began
The Street
2:35
How to sort through the noise when making investment decisions
The Street
1:40
Honda being investigated over engine failures
The Street
1:30
Palantir bull explains impact of Alex Karp
The Street
1:54
Singles’ Day is the biggest shopping day of the year
The Street
3:45
Tips for becoming a better public speaker
The Street
2:06
FTX sues Binance for $1.8 billion
The Street