Bitcoin continues to rise, and is showing zero signs of slowing. The cryptocurrency passed $16 thousand dollars on Thursday morning, hitting new all-time highs. The theory for this immediate run is that institutional money from big banks is being priced into the digital currency.
Plus, Walmart says that increased online purchases are causing delays in its distribution network. The world's largest retailer admitting that orders were not processed as promptly as anticipated.
Disney CEO Bob Iger may be sticking around, again. According to reports, Disney's Chief Executive will extend his reign through 2019, if the sale of 21st Century Fox is finalized.
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.
