(Chip Somodevilla/Getty Images) |
A picture worth trillions in market cap
|
|
|
Call it a Trump card: after a 12-hour shutdown, TikTok came back online for US users yesterday after President Trump said he’d issue an exec order to extend the ban-or-divest deadline. But as of yesterday evening, TikTok wasn’t available in Apple’s and Google’s app stores, and its fate in the US remains unclear. In a surprise move on Friday, Trump launched a meme coin that briefly hit a $70B market cap (and was followed by a Melania meme coin). Stock-market futures rose yesterday as Trump was sworn in while the market was closed in honor of MLK Day.
🧚‍♀️ Quiz into the week: Test your biz-news knowhow with our Snacks Seven quiz. Here’s the first q: |
- Colossal Biosciences, which said it hit a $10B+ valuation, aims to revive what animals? (Check your answer.)
|
|
|
Return to (oval) office… Donald Trump was inaugurated as the 47th POTUS yesterday (indoors for the first time since ’85 because of the severe cold). Stocks and crypto have surged on hopes that his admin will be favorable for markets. Last week, banks like JPMorgan Chase and Goldman Sachs shared soaring profits as dealmaking confidence boomed. But some execs are worried that plans for tariffs and hefty deficit spending could drive inflation, which the US recently got under control.
Expect the unexpected?… We’re not talking about the awkward two-minute silence before Carrie Underwood’s inauguration performance. Here are some campaign promises that businesses are looking forward to — and bracing for. |
- Regulaxation: Execs expect more relaxed regulation, less oversight, and fewer FTC crackdowns on deals like mergers. Trump’s SEC chair pick, Paul Atkins, is expected to usher in a chiller era of market regulation, especially re: crypto.
-
Speaking of crypto: Bitcoin rallied last week on reports that Trump would issue an executive order marking crypto a national priority. He’s also promised to create a federal “bitcoin stockpile.”
-
Tariffied: Businesses are spooked by Trump’s promise to impose massive tariffs on imports from top American trade partners like China, Mexico, and Canada. Economists and big companies like Walmart have said that the cost of tariffs could be passed down to consumers.
-
Tax cuts: Trump’s expected to extend 2017’s individual tax cuts while trimming the corporate tax rate for domestic manufacturers. He also plans to dole out tax breaks to fossil-fuel companies and slash EV incentives (awk for Elon).
|
|
|
Policy is wait and see… Campaign promises aren’t binding. PolitiFact said that Biden kept a third of 99 promises across four years and compromised on another third (think: student-loan cancellation). Trump in his first term followed through on about a quarter of 102 promises and compromised on 23. One thing’s almost certain: if inflation — aka enemy No. 1 — gets worse under Trump, it could lead to major backlash. |
|
|
There’s one software update even more overdue than your IOS… |
In 2025, the world will produce over 90 zettabytes of data. With networks and storage struggling to keep up, Atombeam’s patented AI software could be a game-changing solution: make data smaller. 💡 What Sets Atombeam Apart? |
-
Up to 75% Smaller Data. Networks become up to 4x faster and more efficient.
- Proven Performance. Trusted by the U.S. Air Force and Space Force, with partnerships including NVIDIA and Ericsson.1
- Defense Backing. Secured $2.4M in contracts, showcasing industry trust.
|
đź«´ $17M+ Raised, 9 Days Remaining.
Atombeam’s Reg A+ offering is closing in on its $20M goal. Their previous campaign sold out with a $3M+ waitlist. Now is the time to invest2 before the final deadline on January 30—and unlock up to 🔓35% bonus shares.3 Join the future of data efficiency today. |
1 The partnership relationship varies between companies and can include the following: inclusion on a preferred vendor list, invitations to participate in certain forums; listed on the other company's website, and introduction and networking opportunities. |
|
|
There’s one software update even more overdue than your IOS… |
In 2025, the world will produce over 90 zettabytes of data. With networks and storage struggling to keep up, Atombeam’s patented AI software could be a game-changing solution: make data smaller.
đź’ˇ What Sets Atombeam Apart? |
- Up to 75% Smaller Data. Networks become up to 4x faster and more efficient.
- Proven Performance. Trusted by the U.S. Air Force and Space Force, with partnerships including NVIDIA and Ericsson.1
-
Defense Backing. Secured $2.4M in contracts, showcasing industry trust.
|
đź«´ $17M+ Raised, 9 Days Remaining.
Atombeam’s Reg A+ offering is closing in on its $20M goal. Their previous campaign sold out with a $3M+ waitlist. Now is the time to invest2 before the final deadline on January 30—and unlock up to 🔓35% bonus shares.3 Join the future of data efficiency today. |
1 The partnership relationship varies between companies and can include the following: inclusion on a preferred vendor list, invitations to participate in certain forums; listed on the other company's website, and introduction and networking opportunities. |
|
|
Let the games begin… Netflix is cueing up to report today. In October the streaming giant topped expectations as sign-ups for its cheaper ad-tier surged 35% quarter over quarter, making up over half of new subs in Q3 in countries where it’s available. Netflix’s investment in live events has been paying off, with November’s Paul-Tyson fight drawing 65M viewers. Meanwhile, “Squid Game” S2 is already Netflix’s third-most-watched TV show after debuting last month. Wall Street thinks the streamer will deliver higher sales and profit.
Awkward timing… Capital One’s up to report today, but last week it made headlines for other reasons: a major outage and a federal lawsuit. The Consumer Financial Protection Bureau sued the bank, alleging it “schemed” to deprive customers of $2B in interest payments. The agency said Capital One promoted its “360 Savings” accounts as providing a competitive rate, but then froze its rate at a low yield for years as rates surged. Its banking rivals posted eye-popping profits last week as dealmaking and interest-income boomed, but Capital One’s results could be overshadowed by the bad press.
|
Shaking the tree… Apple was dethroned as the top smartphone seller in China last year, slipping to third behind domestic rivals Vivo and Huawei. iPhone shipments in China fell 17% on the year and dipped globally, and Apple stock plunged last week. It’s not alone: sales of foreign smartphones in China have dropped for four straight months, dinging Apple and Samsung. The trend has Apple racing for solutions, like offering rare iPhone discounts in the country.
All bets are off… Polymarket’s momentum is cooling. The crypto-based prediction market saw trading volume surge to $2.6B in November (up 48x from January) as folks bet billions on election outcomes. Now volumes have settled far below their November peak. Meantime, Singapore and Thailand are said to be working to block the platform (which has already been banned in Taiwan and bars users in the US and France). As the list of off-limits locales grows, rivals like US-based Kalshi might threaten its spot on the prediction-market podium.
|
|
|
Most of them have the same opinion, by the way (that you should buy those stocks). Read more. |
|
|
-
Lina Khan’s FTC had a busy final week, filing suits against Pepsi and John Deere and announcing an enforcement action against GM.
-
Drugs like Novo Nordisk’s Ozempic and weight-loss injectable Wegovy are in the latest batch of meds that could be subject to Medicare price negotiations.
-
Tesla made up 44% of US EV sales last quarter, yet fewer than 4% of would-be EV buyers in a survey said the brand is their top pick (they prefer Toyota).
|
|
|
-
Tuesday: Earnings expected from Charles Schwab, D.R. Horton, Fifth Third Bancorp, 3M, Prologis, Netflix, Seagate, and Capital One
-
Wednesday: Earnings expected from United Airlines, GE, Kinder Morgan, Alcoa, Steel Dynamics, and Discover
- Thursday: Initial jobless claims. Earnings expected from American Airlines, Freeport-McMoRan, Union Pacific, Alaska Air, McCormick & Co., Texas Instruments, and CSX
-
Friday: Existing-home sales. Consumer sentiment. Earnings expected from Verizon, American Express, Ericsson, HCA Healthcare, and NextEra Energy
|
|
|
Authors of this Snacks own bitcoin and shares of: Alaska Air, Apple, GM, Tesla, and Walmart |
Advertiser's disclosures:
² This is a paid advertisement for Atombeam’s Regulation A+ Offering. This Reg. A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. Please read the Offering Circular and related risks at Atombeam’s webpage on StartEngine before investing.
This was a paid for ad. Sherwood Media has been compensated for this ad by the Atombeam Reg A+ Campaign hosted on StartEngine. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
3 The up to 35% bonus requires a minimum investment of $5000 and either a membership in the StartEngine Venture Club or meeting an additional bonus requirement listed on their StartEngine Atombeam website. |
|
|
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
|
|
|
