According to @CNBC, U.S. stocks are brushing off shutdown concerns in pre-market trade, signaling resilience ahead of the open, source: CNBC. CNBC’s Morning Squawk highlights Elon Musk taking aim at Netflix, keeping the streaming sector and Netflix in focus in today’s brief, source: CNBC. The update also notes Taylor Swift has released a new album, flagged as an entertainment catalyst in the morning rundown, source: CNBC. These items are part of the 5 things to know before the stock market opens in CNBC’s pre-market coverage, source: CNBC.

According to Fox News, @taylorswift13's team has officially denied Taylor Swift's involvement in the production or creative decisions of the Blake Lively and Justin Baldoni movie, calling the related subpoena 'tabloid clickbait' (Source: Fox News, May 10, 2025). This clarification removes potential speculation around celebrity-backed NFT or metaverse projects linked to Taylor Swift, which had previously influenced trading sentiment in music-themed crypto tokens and entertainment NFTs. Traders should note that with no direct connection, expectations of a Taylor Swift-driven surge in associated blockchain assets are unfounded, reducing volatility risk in these segments (Source: Fox News).