- Nasdaq closed down nearly 4% as investor anxiety begins to shift from the conflict in Ukraine to a global recession.
- Apple has been rumored to be bidding on NFL live content. We see a big opportunity for Apple in sports and expect that the company’s first foray will be MLB.
- The Biden administration is beginning to put structure/regulation around cryptocurrency. Naysayers will conclude that this regulation means crypto has no future, and the supporters will view the structure as a sign that it’s here to stay.