Not that type of board game🐾Meow Motto

Good morning,

Thank you for being a part of MONEY req!

You have been reading our newsletter for over a month now, so we figured we’d drop in and express our thanks!!!

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Markets

Dow 0.38%

S&P 500 0.67%

Nasdaq 0.98%

Fear Factor

VIX 1.08%

Crypto-verse

BTC 0.61%

ETH 1.36%

XRP 2.64%

The Magnificent 7 AAPL -0.44% MSFT -0.25% GOOGL -0.42% AMZN -0.70% NVDA -0.64% META -0.33% TSLA -0.47%

*Last Updated: Feb 11, 2025 7:30 a.m. EST. For updated market info click HERE.

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Ripple partnered with Unicambio, a Portuguese currency exchange provider, on Monday. It will support international payments between Portugal and Brazil.

Ripple payments use the XRP Ledger.

Analysts predict 1,500% potential surge in XRP due to possible XRP ETFs approvals by SEC, in other words making it official to trade.

Another possible reason for a surge is the potential inclusion of the token in the US government-supported crypto stockpile.

Elon offers $97.4 billion for OpenAI purchase, Sam “politely” declines with a Twitter counter offer:

Monopoly

Dear Elon, our 2 cents!

Econ 101:

A monopoly in economics is a market structure where a single seller has total control over a product, service, or production.

Monopolies lead to jacked up rices, watered down quality and stall innovation.

Governments should govern and control formation of such entities by enforcing anti-trust laws, imposing price controls and breaking up such beasts.

So dear Elon, stop trying to buy, buy, buy! Use your money more creatively and take us to Mars or something else that’s uber fun!!!

✌️

Today: NFIB optimism index; Cleveland Fed President Beth Hammack speaks; Fed Chairman Jerome Powell testifies to Congress; San Francisco Fed President Daly speaks; New York Fed President Williams speaks; Fed Governer Michelle Bowman speaks

  • Tue 2/11

    ☀️KO - Coca-Cola Company (The)

    ☀️SHOP - Shopify Inc.

    ☀️MAR - Marriott International

    🌙DASH - DoorDash, Inc.

    ☀️premarket 🌙after hours 🤷🏼‍♂️undisclosed

(*initial public offering - when shares of a private corporations are offered to the public in a brand new market stock)

🐾

📢If you’re looking for investing advice, don’t 👀 at me! 🐾 Meow Motto

🧶 DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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