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Crypto-verse🐾Meow Motto
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Morning morning,
Today, we are partnering with The Daily Upside*!!! 🔝
The time has come to talk a little bit about what the h*ll cryptocurrency is! Where does it pop up from and why is it soooo popular?!
We will have an additional extended info article about it in a future *Bonus Saturday Serving!
Markets
Dow 0.25%
S&P 500 0.16%
Nasdaq -0.06%
Fear Factor
VIX 3.95%
Crypto-verse
BTC 3.27%
ETH 2.89%
XRP 1.76%
The Magnificent 7 AAPL -0.19% MSFT -0.09% GOOGL -0.24% AMZN -0.37% NVDA -1.48% META -0.49% TSLA 0.15%
*Last Updated: Jan 10, 2025 7:30 a.m. EST. For updated market info click:
Where do you keep your money?
Homebuilders Toll Brothers and Lennar rose, while insurers Allstate, Travelers and Chubb fell, reacting to the fires that have engulfed the Los Angeles area.
Capri Holdings gained 5% on a report that Prada may be interested in buying Versace.
Flutter Entertainment(owner of the FanDuel sportsbook) with 2024 U.S. revenue estimate to be about $370 million lower, beacuase football fans won too much money betting on National Football League teams like the Detroit Lions and the Denver Broncos.
Martin Shkreli’ s opinion on quantum computing stocks in a long message on X - “so humorously overvalued, they conjure the dot-com bubble.” Several of them had downside of 90% or more, he writes.
Crypto-verse
A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.
The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.
The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.
Today - consumer sentiment(preliminary); US un/employment report; US hourly wages; hourly wages year over year
Today
STZ (Constellation Brands Inc.) ☀️
DAL(Delta Air Lines, Inc.) - Delta✈️ ☀️
☀️premarket 🌙after hours 🤷🏼♂️exact time unknown
*initial public offering - when shares of a private corporations are offered to the public in a brand new market stock
Today
MIMI(Mint Inc Ltd.) - $4-$5
DMAAU(Drugs Made In America Acquisition Corp.) - $10
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📢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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