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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
During what year did the Dow Jones Industrial Average experience the best March 10 in history?
Think you know the answer? You can check it in the closing area down below!
Image Source: Morning Bullets
The 10-year Treasury yield inched higher again this morning, and stocks were poised for a mixed open as a result. Yesterday, a dip in bond yields prompted growth among tech stocks, pushing shares of Apple and Facebook to increase over 4%, while Tesla skyrocketed nearly 20%.
Shares of General Electric increased during pre-market trading, after the company announced that its rival, AerCap, would be purchasing its jet-leasing business.
And, in Washington, the House is slated to stamp its final approval on President Joe Biden’s $1.9 trillion stimulus plan, the final step before the bill is sent to Biden’s desk for his signature. Democrats have been muscling the legislation through Congress via a process known as budget reconciliation.
Finally, Eli Lilly this morning announced some great news on the pandemic front. Their antibody therapy was shown to reduce serious illness associated with the virus by 87%, according to a study.
Other News That Matters To You:
This Wall Street legend got tired of helping the rich get richer
Image Source: Reuters
Probably the last thing any of us want to buy right now is a tweet, especially if it is one written by the Big Tech Tyrant himself Jack Dorsey.
But the CEO of Bridge Oracle, Sina Estavi, is willing to drop $2.5 million for the world’s first ever post on Twitter, written by Dorsey on March 21, 2006.
But Dorsey is auctioning off the digital note as what is called a “non-fungible token,” or NFT for short, through a website known as Valuables.
“If Jack’s tweet is not inherently valuable to be sold at $2.3M as an NFT art for just being the first tweet, it is worth more for being the first piece of popular digital product drop to have made NFT art sale a mainstream discussion topic,” said PipeCandy co-founder Ashwin Ramasamy.
What do you think of the current NFT craze? Reply back and let me know.
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