📊 Bitcoin Halving For Dummies

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» Nelson Peltz unveils a comprehensive plan to revitalize Walt Disney ($DIS), targeting board overhaul and strategic business redirection. His 133-page manifesto proposes (which can be found at RestoreTheMagic.com 🤣) partnerships, a succession plan for CEO Bob Iger, and a new digital strategy for ESPN, aiming to reverse Disney's declining financial trajectory. (link)

» Ford Motor's U.S. sales soared by 10.5% in February, driven by significant gains in hybrid and electric vehicle (EV) sectors, with EV sales up 81% and hybrids by roughly 32%. Despite a dip in F-Series pickup sales due to quality checks, Ford's focus on electrification and improved vehicle testing has contributed to its overall sales momentum. (link)

» Bitcoin soared past $68,000, inching closer to its all-time high, fueled by the debut of new ETFs and a returning interest from retail investors in meme coins like Dogecoin and Shiba Inu. The crypto market's vibrant rally reflects an AI and blockchain-driven productivity boom, even as analysts caution about potential short-term cooling. (link)

» Sergey Brin, Google's co-founder, admitted to the mishandling of the Gemini image generator launch, citing insufficient testing and the controversy it sparked. In a rare public appearance, he shared his excitement for AI's future and discussed Google's ongoing efforts to refine its AI models amidst competitive pressures. (link)

» The EU fined Apple ($AAPL) $2 billion for anti-competitive practices related to its App Store policies, marking a significant crackdown on Big Tech by EU antitrust chief Vestager. The decision, stemming from a Spotify complaint, targets Apple's restrictions on music-streaming rivals and could initiate a lengthy legal battle. (link)

» New York Community Bancorp ($NYCB) faces severe challenges, with its CEO replaced and shares plummeting 73% amid poor risk management and loan coverages. The bank's aggressive growth, despite new rent restrictions and regulatory changes, leads to a financial quagmire, highlighting the risks of rapid expansion in volatile markets. (link)

The few major earnings releases scheduled for this week are summarized below:

Economic releases expected Tues-Wed summarized below.

Learn as if you were going to live forever.

Gandhi