Home Business Beyonce’s “Renaissance Tour” Sparks Pores and skin-Deep Controversy, Tina Knowles Hits Again At “Bozos” As Live performance Movie Debuts In AMC Theatres – Sony Group (NYSE:SONY), Apple (NASDAQ:AAPL), Trade Traded Ideas Belief MUSQ International Music Business ETF (ARCA:MUSQ), Spotify Expertise (NYSE:SPOT)

Beyonce’s “Renaissance Tour” Sparks Pores and skin-Deep Controversy, Tina Knowles Hits Again At “Bozos” As Live performance Movie Debuts In AMC Theatres – Sony Group (NYSE:SONY), Apple (NASDAQ:AAPL), Trade Traded Ideas Belief MUSQ International Music Business ETF (ARCA:MUSQ), Spotify Expertise (NYSE:SPOT)

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Beyonce’s “Renaissance Tour” Sparks Pores and skin-Deep Controversy, Tina Knowles Hits Again At “Bozos” As Live performance Movie Debuts In AMC Theatres – Sony Group (NYSE:SONY), Apple (NASDAQ:AAPL), Trade Traded Ideas Belief MUSQ International Music Business ETF (ARCA:MUSQ), Spotify Expertise (NYSE:SPOT)

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Forward of Beyonce’s “Renaissance Tour” opening, Tina Knowles, the celebrity’s mom, took to Instagram to lash out at those that disparaged her daughter’s look at Saturday’s Los Angeles premiere of the live performance movie, calling the critics “bozos,” “clowns,” and “haters.”

“She does a movie, referred to as the renaissance, the place the entire theme is silver with silver hair, a silver carpet, and steered silver apparel and also you bozos determine that she’s making an attempt to be a white lady and is bleaching her pores and skin? .. How unhappy is it that a few of her personal folks proceed the silly narrative with hate and jealousy,” Tina wrote.

Should Learn: Energetic ETFs Seem Booming In 2023 — Tema ETFs Are Taking Them Into A New Course

What Occurred: Staying throughout the theme of her extremely profitable 2023 Rennaissance Tour, Beyonce arrived on the Academy of Movement Image Arts and Sciences’ Samuel Goldwyn Theater final weekend wearing head-to-toe chrome with platinum blonde hair.

Whereas nearly all of her followers had been undoubtedly star-struck, some accused Beyonce of lightening her pores and skin and “desirous to be white,” in response to Tina, who wrote a prolonged Instagram put up defending her daughter in opposition to the vitriol.

“I’m sick and uninterested in folks attacking her. Each time she does one thing that she works her ass of for and is an announcement of her work ethic , expertise and resilience. Right here you unhappy little haters come out the woodwork. Jealousy and racism , sexism , double requirements , you perpetrate these issues.”

The Important Occasion: “Rennaissance” will hit AMC Leisure Holdings, Inc AMC, Cinemark Holdings CNK and IMAX Corp IMAX theatres Friday and is estimated to gross about $40 million worldwide this week.

All through the general public premier, Beyonce will undoubtedly need the main target to stay on her music and never on her critics, which her mother admitted to on Instagram, stating that her daughter might be “pissed at her for doing this.”

Beyonce’s focus is sensible. The worldwide music business’s valuation, excluding stay reveals, hit $41.5 billion final yr, in accordance to Digital Music Information, which cited a report by former Spotify Expertise S.A. SPOT and PRS for Music chief economist Will Web page.

When it comes to the music business’s future, final yr, Goldman Sachs raised its projections, forecasting the business might be value a staggering $151.4 billion, together with stay reveals, in 2030, led by music streaming, which the agency mentioned it believes “might be resilient in an financial downturn.”

Need To Make investments In The Music Business? The MUSQ International Music Business ETF MUSQ goals to put money into numerous elements of the worldwide music enterprise that folks discover most engaging. With centered publicity to your entire music ecosystem, this consists of streaming, content material and distribution, stay music occasions and ticketing, satellite tv for pc and broadcast radio, tools and expertise and synthetic intelligence –the whole lot music.

MUSQ’s high 5 holdings additionally present diversification to traders, with every of the businesses concerned in music and numerous different sectors. The highest 5 holdings throughout the fund are Amazon.com, Inc AMZN )) weighted at 7.66%, Apple, Inc AAPL, weighted at 7.18%, Alphabet, Inc GOOGL, weighted at 6.52%, Sony Group Company SONY, weighted at 3.46% and Spotify, weighted at 2.64%.

Whereas the ETF’s fundamentals might make MUSQ a sound funding for music lovers, from a technical evaluation perspective, the fund is settling right into a attainable bull flag sample on the every day chart, with a steered upward transfer of about 5% on the every day chart.

The MUSQ Chart: MUSQ’s attainable bull flag sample was fashioned between Nov. 13 and Thursday, with the upward-sloping pole created between Nov. 13 and Nov. 24 and the flag forming since. Bullish merchants wish to see the ETF break up from the higher descending pattern line of the flag on higher-than-average quantity, which might point out the sample was acknowledged.

  • Bearish merchants wish to see MUSQ shut a buying and selling session underneath the eight-day exponential transferring common (EMA), which might negate the bull flag though the uptrend the ETF is buying and selling in received’t be negated except the fund closes underneath the Nov. 21 low of $23.96.
  • On Thursday, MUSQ was sliding barely on lower-than-average quantity, which signifies the bears aren’t in management. Momentum into the ETF has been rising, with MUSQ’s relative power index making a sequence of upper highs and better lows.
  • MUSQ has resistance above at $24.34 and at $25.21 and assist beneath at $23.30 and at $22.65.



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