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- Daily Scoop 6-22
Daily Scoop 6-22
👋 Your Tuesday Scoops - Free vacation & changing lingerie
Today's Scoop:Reassured
Big Picture:
1) Cryptocurrencies steepened their fall in value amidst increasing global regulatory scrutiny.
2) Policymakers aren't worried about inflation getting out of hand.
3) Governments around the world continue to crack down on Big Tech's dominance.
The Market:
⬆️ +0.5%
S&P 500: 4,246.44
1Mo:
+1%
| 1Yr:
+36%
| 5Yr:
+108%
Investors kept the positive tone today after more calming words from policymakers. Federal Reserve Chairman Jerome Powell said he's not worried about inflation getting out of hand and will continue to stimulate.
Company Scoops ❤🌎💰
(Click to dig in & vote your reaction, see how others feel)
Victoria's Secret
Aiming to boost profits with a more inclusive brand image
-
Netflix
One more content production deal as streaming competition mounts
-
Bumble
The CEO could sense the burnout
-
Not playing nice in the sandbox
-
Exxon Mobil
Cutting staff and costs left and right
🤓 Inside Scoop...
Antitrust laws are designed to maintain free and open competition in the economy. Regulatory and legal entities try to prevent monopolies from forming and major corporations from colluding. The goal is to make sure no particular company wields so much power in a particular market that it begins to harm the consumer.
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