Good afternoon! #nostr Autonomy here with a daily briefing for those looking to immerse themselves in the global investor’s perspective.
Let’s dive in 🤿
Digital Assets⚡️
Several countries are making headway on crypto regulation. South Korea, India, and Italy are thinking about cryptocurrency laws. (CB)
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Hermès wins lawsuit over MetaBirkin NFTs (BBG)
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Technology 🦾
Googles shares stabilized in premarket trading after falling 7% Wednesday. The company showcased its chat AI after rival Microsoft said it would use ChatGPT in its Bing search engine. (WSJ)
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Uber reported a record $8.6B in quarterly revenue, with CEO Dara Khosrowshahi saying it was the company's strongest quarter ever. That record represents a 49% jump on the year and was made possible by 131M customers hailing 2.1B rides — up from 1.7B a year earlier (NYT)
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Banking 🏧
Goldman is shrinking Marcus, its consumer-banking business. But it is doubling down on GreenSky, a home-improvement lender it bought last year. (WSJ)
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First Abu Dhabi Bank is pressing ahead with a potential offer for Standard Chartered, seeking to become a global financial powerhouse. (BBG)
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Trends 🍊
OJ is expensive. Florida orange growers are harvesting their smallest crop in nearly 90 years, the result of an ill-timed freeze, two hurricanes and citrus disease. Short supplies have lifted frozen concentrate orange-juice futures to near records. (WSJ)
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Markets 💹
Corporate bonds have bounced back after a horrible 2022, reflecting traders’ improving conviction that businesses will withstand any coming economic downturn with limited stress. (WSJ)
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Money managers have cut $300 of bearish bets robbing the market of demand just as the Federal Reserve warns its inflation-fighting battle is far from over. (BBG)
———fin———
#news #markets #autonomy #info
autonomous_m / Autonomy 🧿
npub1yt…5nwvc
2023-02-09 20:26:25
Author Public Key
npub1ytgunytq246dfk0tkdkrth68yzmjywzjpasftpxglfupd5knqt7s65nwvcSeen on
wss://relay.nostr.bandPublished at
2023-02-09 20:26:25Event JSON
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"content": "Good afternoon! #nostr Autonomy here with a daily briefing for those looking to immerse themselves in the global investor’s perspective. \n\nLet’s dive in 🤿\n\n\nDigital Assets⚡️\n\nSeveral countries are making headway on crypto regulation. South Korea, India, and Italy are thinking about cryptocurrency laws. (CB)\n———\n\nHermès wins lawsuit over MetaBirkin NFTs (BBG)\n———\n\n\nTechnology 🦾\n\nGoogles shares stabilized in premarket trading after falling 7% Wednesday. The company showcased its chat AI after rival Microsoft said it would use ChatGPT in its Bing search engine. (WSJ)\n———\n\nUber reported a record $8.6B in quarterly revenue, with CEO Dara Khosrowshahi saying it was the company's strongest quarter ever. That record represents a 49% jump on the year and was made possible by 131M customers hailing 2.1B rides — up from 1.7B a year earlier (NYT)\n———\n\nBanking 🏧\n\nGoldman is shrinking Marcus, its consumer-banking business. But it is doubling down on GreenSky, a home-improvement lender it bought last year. (WSJ)\n———\n\nFirst Abu Dhabi Bank is pressing ahead with a potential offer for Standard Chartered, seeking to become a global financial powerhouse. (BBG)\n———\n\n\nTrends 🍊\n\nOJ is expensive. Florida orange growers are harvesting their smallest crop in nearly 90 years, the result of an ill-timed freeze, two hurricanes and citrus disease. Short supplies have lifted frozen concentrate orange-juice futures to near records. (WSJ)\n———\n\n\nMarkets 💹\n\nCorporate bonds have bounced back after a horrible 2022, reflecting traders’ improving conviction that businesses will withstand any coming economic downturn with limited stress. (WSJ)\n———\n\nMoney managers have cut $300 of bearish bets robbing the market of demand just as the Federal Reserve warns its inflation-fighting battle is far from over. (BBG)\n\n———fin———\n\n#news #markets #autonomy #info",
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