TikTok starts a streaming WAR

Spotify raising prices ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ War, war never changes. And streaming music is now the battleground. (All right, it changes a little bit.) TikTok is launching a music streaming service in some countries, including the huge markets in Indonesia and Brazil. TikTok already became the world's most visited website in 2021 (mindblowing, tbh) and it's easy to see how committed visitors could want in on this new service. The two countries where this service is being rolled out are the second and third largest markets for the website, and this could be a massive new market. After all, this is where teenagers discover new music, behind only YouTube. Could it be coming to the United States? In truth, some in Congress want to ban TikTok altogether. That proposal was seemingly defeated in the short-term, but we don't know if TikTok's enemies are going to take another shot at it. (This is a bad time for companies that send data to China to be operating in the United States.) That said, there could be a space opening up... Spotify is increasing the price of its Premium scription offerings. It's for our own good of course, to "continue to deliver value to fans and artists." Yeah right, whatever. I don't buy the PR nonsense. What's more important - the stock was down. Get ready to see if Apple Music responds to both of these big moves. TikTok could become a hegemon... that is, if the federal government doesn't just ban it outright. Keep Moving, Corey Snyder Publisher, Rogue Publishing WORD ON THE STREET AMC Surges, Impeachment Rumbles, FFIV Crushes Earnings - Wake Up Babe, The Meme Stock Is Acting Up Again - AMC was up more than 30% during the trading day after a plan to covert APE preferred units into stock was blocked by a Delaware judge. It was down in after-hours - after all, the CEO has said the company may face bankruptcy if it can't raise more capital. - This Is Just The Way Things Are Now - Speaker of the House Kevin McCarthy (R-CA) argued that allegations of corruption against President Joe Biden and his family (especially son Hunter) are "rising to the level of an impeachment inquiry." The Speaker said that if the president had a business that was run for foreign countries, it was a problem if he didn't get money from friendly, wealthy countries but instead did business with countries like China that have "real challenges and real problems." Perhaps every president will just be impeached now, at least once - F5 Laughs At Your Earnings Expectations - Tech company F5 (FFIV) was up more than 10.5% in after-hours trading. Earnings were $3.21 a share (excluding one-time items). "We are delivering the gross margin improvement and operating leverage we committed to," said CEO Francois Locoh-Donou, and we are confident in our ability to achieve our target of double-digit non-GAAP earnings growth for fiscal year 2023." - "Honey, Wake Up, The IRS Is Here" - You may find this incredible, but people don't like it when the IRS makes unannounced visits to homes and businesses. IRS Commissioner Danny Werfel explained that IRS officers feel increasingly unsafe making such visits and has ended them. "The change reverses a long-standing practice by IRS revenue officers that goes back decades," he said. Well, I'm still not answering the door if I don't know who it is. HOT SPOTS: What's Going on in Geopolitics - Political Showdown In Israel - The Knesset passed part of Prime Minister Benjamin Netanyahu's proposed legislation to reform the judicial system, prompting protests by political opponents and the Biden Administration. The White House called it "unfortunate" but the Administration was unwilling to say if it would tie foreign aid to the Netanyahu government backing down on the legislation. - Ukraine Claims To Have Gained Ground Near Bakhmut - Ukraine claims to have retaken about 35 square kilometers of ground near the Russian-occupied city of Bakhmut. Bakhmut was famously taken by the Wagner paramilitary company - but the mercenaries are now in Belarus after launching an abortive coup and then backing down. - Japan Backs Chip Controls Against China - Japan has aligned with American-led export controls on chipmaking tools to keep this advanced equipment out of the hands of China. Japan is restricting 23 types of equipment. However, unlike the United States, it is banning exports of the equipment entirely, rather than calling out China by name. CUTTING EDGE: What[']( Happening In Tech - Apple Hit With Class Action Lawsuit In UK - A professor of competition policy in the UK is bringing a lawsuit against Apple on behalf of more than 1,500 British developers, alleging "anticompetitive" policies. The suit specifically calls out the company's steep 30% fee on in-app sales and seeks compensation of about $1 billion. - NXP Semiconductors Beats Expectations - NXPI was up almost 2% in after-hours trading. It reported quarterly earnings of $3.43 per share with $3.3 billion in sales, topping estimates of $3.28 per share and $3.21 billion in sales. Just $100 million here and $100 million there and eventually you are talking real money. - New Retirement Plan: Find Meteorite - The Maine Mineral and Gem Musuem is offering $25,000 to anyone who can recover at least one kilogram of a meteorite that fell near the Maine-Canada border earlier this year. The Wall Street Journal reports that a kind of gold rush, or metorite-rush, has hit the Maine woods as fortune-seekers look for the extraterrerstial treasure. The odds aren't great - one professional made the predictable comparison to finding a needle in a haystack FOR YOUR CONSIDERATION --------------------------------------------------------------- "There is an inherent bias in financial journalism towards doomsaying. It gets more eyeballs to say that the economy is going to collapse, that the dollar is on the way down, or that we are all going to be broke unless you act now, NOW, NOW!"The recession that's been predicted for most of 2023 hasn't arrived... and it might not come at all. It all comes down to the Fed... and what happens in the Middle East. Mr. X briefs you on what to look for. [WE MAY GET A SOFT LANDING]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. Sent to:{EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States