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Daily Scoop 10-20

Daily Scoop 10-20

👋 Your Wednesday Scoops - Netflix wins & United's slow takeoff

October 20, 2021

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Today's Scoop:Enthusiasm

Big Picture

Corporate profits are looking really strong.
Bitcoin prices hit new highs after the launch of the first bitcoin ETF.
Airlines are still far from fully recovered.

The Market

⬆️

+0.4%

S&P 500: 4,536.19

1Mo:

+4%

| 1Yr:

+32%

| 5Yr:

+112%

Markets continued the optimism today, nearly breaking new records. Third-quarter corporate reports have highlighted strong profits across the board so far. More than 80% of companies have exceeded expectations. Excitement for the launch of the first bitcoin ETF pushed the cryptocurrency to a new record high.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Netflix's

American Express

United Airlines's

Ebay's

Verizon's

accelerating next-gen

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

As companies set target dates to achieve net-zero emissions, they'll be setting emission reduction targets for their Scope 1 (direct), Scope 2 (power-related), and Scope 3 (indirect) emissions. Scope 1 & 2 result from its core operations and the power it purchases to support those operations. Scope 3 will be much bigger and more important but harder to tackle. It includes the emissions of their whole supply chain and even things like employee commutes.