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- Halving A Good Time 🪙
Halving A Good Time 🪙
TLDR
MARKET RECAP → The S&P 500 (VOO) retreated on Tuesday, set to snap a four-day streak of gains that had pushed stocks to new record highs following the U.S. presidential election.
CRYPTO PRICES SURGE AFTER TRUMP VICTORY → Crypto markets spiked post-Trump’s election win, with Bitcoin and meme coins rallying as investors anticipate a pro-crypto stance from the incoming administration. 📈
NETFLIX AD TIER HITS 70 MILLION USERS → Netflix's (NFLX) ad-supported plan reached 70 million users, doubling growth in six months and selling out ad slots for its NFL Christmas Day games. 📈
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TODAY’S TOP NEWS
Crypto Prices Surge After Trump Victory
📈 Crypto markets rallied sharply post-Trump’s election win, with Bitcoin (BTC) hitting an all-time high and meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) soaring over 40% in recent days.
🪙 Trump’s pro-crypto stance, including his campaign promise to make the U.S. the “crypto capital,” has investors hopeful for favorable legislation, especially with Republicans likely controlling Congress.
🧑🚀 The "Musk factor" also boosted enthusiasm, as Elon Musk’s potential advisory role to Trump could further support pro-crypto policies, fueling investor optimism across digital assets.
TODAY’S TOP NEWS
Netflix Ad Tier Hits 70 Million Users
📈 Netflix's (NFLX) ad-supported tier hit 70 million monthly active users globally, with over half of new sign-ups choosing this plan since its 2022 launch.
💼 The ad tier's success includes sold-out inventory for Netflix’s live-streamed NFL Christmas games, bringing in big names like FanDuel and Verizon as sponsors.
🎬 With strong subscriber growth and plans to launch an in-house ad platform, Netflix aims to boost profitability by shifting focus to revenue and financial metrics in 2025.
NOTABLE POSTS
manager: are you working from home?
me at the airport:
— memes.xlsx (@ExcelHumor)
4:06 AM • Nov 12, 2024
Hedge funds to their LPs after getting smoked on their Tesla shorts
— litquidity (@litcapital)
2:00 AM • Nov 12, 2024
Dogecoin is now at a $48B market cap
That's higher than Ford Motors' market cap
— Crypto Sum (@cryptosum_)
9:49 PM • Nov 11, 2024
KEEP READING
‘The market is right’: Former Fed policymaker Mester sees fewer rate cuts next year after Trump’s victory (CNBC)
Apple needs all four of its iPhones to be popular if it’s going to reignite sales (CNBC)
Supreme Court rejects Mark Meadows appeal in Georgia election interference case (CNBC)
GM’s newest EV is a Cadillac ‘baby Escalade’ called Vistiq (CNBC)
A woman put a lottery ticket in her purse and forgot about it. She ended up winning $1 million (CNN)
23andMe cuts 40% of its workforce, discontinues all therapy programs (CNN)
Kamala Harris' campaign paid $1 Million to Oprah Winfrey for Town Hall—Here's what other celebrities received (Economic Times)
How Much of a Personal Loan Can I Get? Top Factors (ML)
When Were Credit Cards Invented? Unpacking The History (ML)
17 Credit Card Facts You Should Know (ML)
WHAT WE’RE WATCHING
OUR FAVORITE TOOLS & RESOURCES
OpenBB — AI-powered research and analytics workspace
Earnings Hub — Earnings calendar
Quiver Quantitative — Quiver allows retail investors to tap into the power of big data with insights into things like congressional trades as they are disclosed
Perplexity — Perplexity AI is an AI-chatbot-powered research and conversational search engine
The Market Ear — Live news, analysis and commentary on what moves markets and trading
Coinmarketcap.com — Crypto market data
Finviz — Financial visualizations
Trading Economics — Economic calendar
CME FedWatch Tool — Market-implied probabilities of future levels of interest rates
Dataroma — Track stock picks and portfolios of legendary value investors such as Warren Buffett
ChatGPT — Large language model-based chatbot powered by generative AI
Vimcal — Lightning-fast calendar and AI scheduling assistant
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