Summary List Placement
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1. US futures slip as investors digest a rise in borrowing costs. See what markets are doing today.
2. BlackRock began to ‘dabble’ in bitcoin because investors are hunting for ‘storehouses of value.’ Rick Rieder said the extent of exposure to bitcoin depends on the composition of an investor’s portfolio.
3. Citadel’s Ken Griffin and Robinhood’s Vlad Tenev call for stock trades to be settled faster. Both said the current two-day settlement period added to the GameStop chaos at the end of January.
4. Barclays posts 38% slide in 2020 net profit. The bank will resume dividend payouts and commence a £700 million share buyback within weeks.
5. Credit Suisse’s annual net profit drops 22%. The Swiss lender’s earnings cap a tumultuous year for the bank, which began with the ousting of Tidjane Thiam as CEO.
6. Earnings expected. Walmart, Applied Materials, Roku, and Marriott are highlights.
7. On the data docket. Fed Reserve governor Lael Brainard’s speech, US jobless claims, and the US 4-week bill auction are due.
8. Cathie Wood made a career betting on the future. Insiders reveal how the ARK Invest founder won the funds (and hearts) of memelord traders and boomer investors alike.
9. A 29-year real-estate veteran who’s returned 446% to investors in the past decade breaks down the 4 trends driving the sector in 2021. Jeff Kolitch also shares 11 ‘attractively valued’ stocks.
10. Morgan Stanley says the stock market remains full of hidden opportunities even though it’s at record highs. The firm shares 4 areas that are primed for gains as earnings recover.
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Source:: Business Insider
Justin Timberlake APOLOGIZES to Britney Spears and Janet Jackson
On Friday, Justin Timberlake took to Instagram to issue an apology to Britney Spears and Janet Jackson. The singer’s apology comes after ‘The New York Times Presents: Framing Britney Spears’ documentary, which premiered last week and led many viewers to express their ‘disappointment’ and ‘disgust’ with how Timberlake handled their breakup. Other viewers also pointed out his behavior towards Jackson after the infamous ‘wardrobe malfunction’ that occurred during their Super Bowl halftime performance in 2004.