Say Goodbye To The Closing Bell?

Company Developments - Amazon (AMZN) has officially surpassed Walmart (WMT) as the world's largest company by revenue, a shift attributed to the concept of "Amazon-ification," which emphasizes 24/7 availability and a robust fulfillment network [4] - Johnson & Johnson (JNJ) is considering a $20 billion sale of its orthopedics business [8] - Tesla (TSLA) has launched its most affordable Cybertruck and reduced the price of its Cyberbeast model [8] - Nvidia (NVDA) and OpenAI have reportedly abandoned a $100 billion deal in favor of new investment opportunities [8] - Netflix (NFLX) has sufficient cash reserves to increase its bid for Warner Bros. (WBD) [8] Industry Trends - The CME Group (CME) is moving towards round-the-clock trading, with crypto futures and options set to trade 24/7 starting May 29, reflecting a 46% year-over-year increase in average daily volume to 407,200 contracts [4] - Retail trading has gained traction, with platforms like Robinhood (HOOD) and Webull (BULL) facilitating overnight stock trading, and exchanges extending trading hours [5] - The National Securities Clearing Corporation is transitioning to a 24/5 operating schedule in June, which will enhance the guarantee of overnight trades and mitigate risks for brokerages [6] - The Securities Information Processor (SIP) is also moving towards 24-hour data dissemination from Sunday to Friday night, aligning with the industry's shift towards continuous trading [6]