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Thursday - Powell Has Unintentionally Encouraged Crypto Investment


 Stocks are pointing to a lower open this morning. Although jobless claims dropped by 19k, but Powell's comments about being far away from full employment and a need for stimulus are keeping the investors put.

Elon Musk expanded his crypto investment by purchasing Dogcoings, presumably for his SpaceX project.

Microsoft has reached out to Pinterest for a potential acquisition. PIN jumped up 6% in the pre-market.

Bumble's IPO is closer to materialize. The hope is to focus on healthy relations. Could this be the next Reddits sweet heart?


Keep smiling and stay charitable.

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