-
Maybe Inflation Was Transitory
US inflation expectations hit lowest level since April 2021, India overtook Hong Kong as the world’s 7th largest stock market, Goldman is reshuffling its private credit unit, Boeing picked a frontrunner to be its new CEO, Google and Epic Games are facing off in an antitrust trial, and Netflix is showing live tennis.
-
A “Little” $300M Liquidation
All the defi, crypto, web3 news you need in one scroll
-
Reloading the Strategic Reserve
There’s a new dominant e-commerce giant in China, Milei warns that economic shock is unavoidable, Ethiopia is about to become Africa’s next debt defaulter, the US is reloading the strategic reserve, Rakuten is launching a proprietary AI model, Tucker Carlson is launching his own streaming service, and renters are getting concessions from landlords again.
-
Bitcoin Shining Bright Like A DIMON
All the defi, crypto, web3 news you need in one scroll
-
GameStop Is Ryan Cohen’s Hedge Fund
GameStop is letting Ryan Cohen use company cash to buy stocks, KKR is buying up risky debt, gas prices keep dropping, mortgage rates have fallen for the 6th straight week, Spotify is losing its top marketer amid restructuring, Amazon is testing a grocery subscription service for its Prime members, and JPM’s Kolanovic says to opt for cash or bonds over stocks.
-
It’s Taylor Swift’s World and We’re All Living in It
Taylor Swift was named Time’s Person of the Year, traders are betting the ECB will cut rates to 2.5%, McKinsey shrank its new partner class by 35%, AMD debuted a new chip to compete with Nvidia, Google opened access to its Gemini AI model, and unicorn valuations are shrinking.
-
Everyone Wants A Slice
All the defi, crypto, web3 news you need in one scroll
-
Apple $3 Trillion Club
Apple joined the $3T club, job openings hit a two-year low, the Supreme Court is wary of remaking income tax, WaPo journalists plan a 24-hour strike, Biden says he might not have sought reelection if Trump weren’t running, Wall Street CEOs are headed to Washington, and Airbnb named its CFO to new chief business officer role.
-
Spotify’s Heavy Job Cuts
Spotify cut 17% of its staff, OpenAI rival Mistral is close to raising ~$500M, US Bank is issuing $2.5B of auto credit-linked notes, the US leads a coalition to triple nuclear power by 2050, Birkenstock topped its IPO price, Virgin Galactic shares plunged on news that Branson would not invest more, and Starbucks shares are headed for a record losing streak.
-
Not 40k. Not 41k. But $42k.
All the defi, crypto, web3 news you need in one scroll
-
Uber Is Joining the S&P
Uber is joining the S&P 500, Apple is looking to replace Goldman with Chase as its credit card partner, goods deflation is good, Meta’s AI chief doesn’t think AI super intelligence is coming anytime soon, UBS is expanding its presence in the US, and bitcoin is above $40k again.
-
Bitcoin Whales and ETF Meetings
All the defi, crypto, web3 news you need in one scroll