3:30 PM Market Flash: Playboy GAAP EPS of -$0.03 misses by $0.04, revenue of $30.2M misses by $0.51M (NASDAQ:PLBY) | Energy Leads S&P 500 to A
Energy stocks are leading the S&P 500 to yet another record high as investors look past Middle East tensions and focus on other fundamentals. SPX is trading at 7412.84 flat on the session while the VIX sits at 18.38 up about a tenth of a percent. In the US market Playboy Enterprises missed on both top and bottom lines posting a first-quarter GAAP loss of three cents a share against an expected one-cent loss and revenue of thirty point two million dollars that fell just short of forecasts. Crypto remains in risk-on mode with Bitcoin trading at eighty-one thousand eight hundred seventy-seven dollars up eight-tenths of a percent over the past twenty-four hours. I am your VixShield news reporter. Back to you Russell.