Now, time for some of today's trending tickers. We're watching Tesla, Moderna, and DraftKings. First up, Tesla, seeing a mixed picture for sales across Europe. Sales in Norway surging 213% from a year earlier, boosted by the revamped Model Y Compact SUV. Meanwhile, sales in France plunged 67% year over year, with Tesla's registrations at the lowest level since July of 2022. Shares of Tesla, TSLA, they're moving lower by about 1.3% right now. Uh, they also saw some significant declines within the region of Sweden. Sweden was down 53.7%. You also saw uh move lower as well in Denmark, Netherlands, and then Spain as well here.

Yeah, it's interesting that the sales in Norway were up a whopping 213% year-over-year in the month of May. So, seeing that bifurcation throughout Europe, having said that, Tesla is the biggest loser of the Magnificent 7 stocks this morning, down a little over 1.3%. Uh, and interesting to continue to see how their sales are struggling from a global perspective, even though Elon has gone back to the company, uh, stepping away from the White House and his efforts with Doge, which some analysts told you and I, Brad, was part of the reason that we saw Tesla sales faltering on a global stage. We do continue to see that happening. Of course, this data is backward looking, so interesting to monitor how those sales do going forward here. Well, next up here, let's talk about Moderna receiving FDA approval for its lower dose COVID vaccine for older adults and young people with underlying medical conditions. The approval is limited to people who have previously received a COVID vaccine. Moderna says the new vaccines should be available by the fall, though shares are up over 4%. Interesting to see that news of these approvals of COVID vaccines continue to move these stocks given that in daily life sometimes that can feel like it is a past chapter for some of these companies, but still obviously a huge potential revenue driver.

A past chapter, but still very present technology that they're relying on to prove the efficacy and the ability to bring some of their future solutions to market as quickly and perhaps even get some of this similar type of emergency um approvals going forward here. We do have a statement from Moderna CEO Stefan Bancel. It's part of the news release saying COVID-19 remains a very serious public threat, uh, with more than 47,000 Americans dying from the virus last year alone, and the approval giving a new important tool to help people protect themselves at the higher risk of severe disease from COVID-19 here. So, this is still critical as a technology play, a platform play for Moderna as well going forward. Finally, DraftKings. Those shares were sold by two Sigma advisors. The fund lowering its stake in the fourth quarter, and the company also taking a hit today after Illinois lawmakers passed a sports betting tax increase as part of the state's fiscal 2026 budget here. Shares moving lower by 5 and a half percent right now, um, and this, of course, following that announcement with the the legislation in Illinois that we were mentioning a moment ago, and it essentially would impose some additional fees for online sports book operators within the region.

Yeah, it's interesting here, taking a look at what's driving this. Uh, it's going to be a 25% tax. I'm sorry. It's going to be 25 cent tax on the first 20 million wagers accepted, and then a 50 cent tax thereafter, according to sources cited by Bloomberg News. This new effective tax rate is going to be in place starting on July 1st. So, that is in part why we are seeing this move to the downside. We also did some see a little bit of insider share selling when it came to DraftKings specifically, but of course, off of the back of this news of this uh tax increase that is set to take place in Illinois, we're seeing both DraftKings and Flutter under pressure this morning.

Yeah, BFA saying that this could change the effective tax rate for the company. Currently, approximately, they say about 35%, uh, and it could go as high as over 50%. So, that is a very significant consideration, and you're seeing shares react accordingly.

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