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Recent

🍋 Crypto Keeps Crashing

Crypto is down bad. Bitcoin 'Fear and Greed' Index has dropped to 7 – Extreme Fear. Wall Street's bankers are out of the office again, thanks to another Covid wave, badly affecting Pret A Manger sales. Caterpillar is moving HQ to Texas from Illinois. MicroStrategy could get margin called after YOLO’ing everything into bitcoin. Fisher-Price is in trouble too and was warned by the govt after its rocking chair caused at least 13 reported deaths.

🍋 Top 30 Wall Street Intern Stories

🍋 Bear Market Has Entered the Chat

Blood on the Street, as the S&P 500 tumbled nearly 4% and crypto has imploded., If you need a drink after looking at your brokerage account today, Jack & Coke will now be available pre-mixed, in a can. Cirkul water bottles have gone TikTok viral and helped the company achieve unicorn status. Amazon's drone delivery system will be online soon for one small California community, almost 10 years after the company began working on the service.

🍋 Hopeless Home-antics

Millennials and Gen Z can’t afford homes. “McDonald's” in Russia opened to long lines. Summer blockbusters are back with "Jurassic World: Dominion" bringing in $143.3 million in its domestic opening, and "Top Gun: Maverick" adding another $50 million in its third weekend. National average gas price reached $5 per gallon for the first time ever. Goldman Sachs is being investigated over its ESG funds, as critics say ESG funds lack accountability

🍋 Inflation Outta Control

CPI drops today. Expect it to be HOT! Disney fired their TV content head Peter Rice, as the board is shaking things up while backing CEO Bob Chapek. The PGA Tour suspended 17 golfers that are participating in the controversial Saudi-funded LIV golf series. TikTok is adding more speed bumps to mindless scrolling. Starbucks CEO Howard Schultz said the company is considering ending its open bathroom policy. (the backbone of the US bathroom industry)