Today in the Market (1/2/2024)

Welcome back to the first blog of 2024! On Tuesday, U.S. equities declined, creating a negative start to 2024 for Wall Street after a successful year that brought the S&P 500 close to reaching a new all-time high.

The Nasdaq fell the hardest by 1.63%, while the S&P 500 decreased by 0.57%. The Dow Jones was the outlier, barely ending the day up by 0.07%.

NEW MILESTONE!

Tesla (TSLA) achieved a new milestone in deliveries during the fourth quarter, ultimately meeting its delivery goal for 2023. This accomplishment relieved concerns among investors about potential setbacks as global competition intensifies.

So how many deliveries did Tesla do? Tesla’s Q4 deliveries totaled 484,507, surpassing the estimated figure of 483,173, according to Bloomberg’s analysis. The said statistic signifies a quarter that has achieved the highest number of sales in Tesla’s history, surpassing the previous record of 466,000 units delivered in Q2 of the previous year by roughly 20,000 units.

What else? Tesla said that car deliveries in 2023 increased by 38% compared to the previous year, reaching a total of 1.81 million. However, Tesla’s delivery growth rate of 38% fell short of its targeted compound annual growth rate (CAGR) of 50%. But of course, we already knew this because the company had already acknowledged that it would not achieve this objective owing to manufacturing shutdowns and enhancements implemented in Q3.

PUBLIC DOMAIN

Effective as of yesterday, individuals are now permitted to produce content showcasing Disney’s first iteration of Mickey and Minnie Mouse. This is because the corporation has a copyright for 95 years on the 1928 cartoon short Steamboat Willie, which is the first appearance of the characters.

However… they may be in the public domain in the U.S. and may be used freely, but with some restrictions: Only the first iterations of Mickey and Minnie, as they are shown in Steamboat Willie, are available for use. Character features that were developed in subsequent years, such as their white gloves, Mickey’s iconic red slacks, Minnie’s polka dots, and their high-pitched voice, are not available. On top of that, Disney retains exclusive ownership of the trademark for Steamboat Willie Mickey as a corporate symbol, requiring those who use the character’s image to explicitly indicate that their project is not an official Disney creation.

But wait, there’s more! The theatrical version of Peter Pan and the following installment of the Winnie-the-Pooh series, which introduced the character Tigger, are now in the public domain

Scroll to Top

Contact Us

Name
Best time(s) to contact you?
Best method(s) to contact you?

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

  • About You

    Tell us a little about yourself. Don't be shy. Let's be friends.
  • How Can We Reach You?

    We would love to chat with you. How can we get in touch with you?
  • What's on your mind?