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Daily Scoop 22-1-6

Daily Scoop 22-1-6

👋 Your Thursday Scoops - Netflix's lingering transphobia & more mRNA vaccines

January 06, 2022

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Today's Scoop:Shaky

Big Picture

Layoffs ticked back up last week.
Companies are really leaning into NFTs and electric vehicles.
Policymakers might be reversing the stimulus faster than expected this year.

The Market

⬇️

-0.1%

S&P 500: 4,696.05

1Mo:

+1%

| 1Yr:

+23%

| 5Yr:

+106%

Markets wobbled today as investors continued processing yesterday's news. Notes from the Federal Reserve's last meeting showed they're discussing

turning off and possibly reversing stimulus measures

sooner than expected this year.

Investors hate uncertainty, and it leads them to reduce their risky positions. So

tech stocks and cryptocurrencies sold off this week

Layoffs ticked back up

last week amidst rising cases. The Labor Department reported 207,000 initial jobless claims.

Company Scoops ❤🌎💰

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

Samsung's

new NFT TV's

Sony's

hopping on the electric vehicle train

Netflix

is still dealing with transphobia concerns

Pfizer & BioNTech

are trying a new mRNA vaccine

Roku's

battling to keep its top spot

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

🤓 Inside Scoop...

NFTs are non-fungible tokens. These tokens can be used to represent ownership of digital assets. Essentially, we now have the technology to create uniqueness on the internet. Individuals can purchase and verify sole ownership of digital art, photos, videos, audio files, or even digital real estate. In contrast, before, any song or image could be replicated and distributed endlessly without understanding the source. That which can be uniquely owned can have more value.