Welcome back to Cash & Coffee, now in a revised weekly format.
Cash and Coffee provides a weekly update and a look ahead at macro news, company news and the cryptoverse. The show is released every Tuesday morning, although, all effort is made to try and release by close of business Monday, if at all possible.
At BizTech we do hope you find Cash & Coffee entertaining and useful, and if you have feedback whatsoever, we always welcome it, good or bad
https://youtu.be/YxLxuAd4FnA?si=_5Powoic9zowMJhP
00:00 Introduction
01:38 Macro News
06:04 Company News
11:01 The Cryptoverse
The video “Cash & Coffee: NVIDIA, Electric Supercars, and Bitcoin Insights” from BizTech Markets provides a comprehensive overview of recent macroeconomic news, company updates, and insights into the cryptocurrency market.
Summary:
Introduction:
- The host introduces the revised weekly format of “Cash & Coffee” and outlines the content structure, including macro news, company news, and the cryptoverse.
Macro News:
- US Retail Sales: A shift towards essential items with a small increase in the probability of a September rate cut.
- UK Inflation and Bank of England’s Decision: Inflation dropped to 2%, but interest rates were kept unchanged due to services inflation and potential political considerations before the UK election.
- Upcoming Events: GDP releases for the US and UK, and the US PCE data, with potential impacts on the US dollar and stock indices.
Company News:
- NVIDIA: Became the world’s most valuable company briefly before Microsoft regained the top spot. Discussion on the potential correction and the Gartner Hype Cycle.
- Electric Vehicles: Fisker filed for bankruptcy, and Ferrari plans to launch its first electric car.
- AI and IPOs: Former OpenAI Chief Scientist to start a new AI company, Momenta approved for a US IPO, Zilch secures financing and Shein’s potential London IPO.
Cryptoverse:
- Bitcoin: Currently in a downward trend, with all major altcoins following. Analysis of Bitcoin’s performance post-having events, predicting a potential bull run later in the year despite current bearish trends.
Conclusion:
- The host thanks viewers for their support and feedback and mentions plans for future guest appearances on the show.
This video offers a mix of economic analysis, market insights, and specific company updates, providing a broad view of current financial and technological trends.
