Is a digital currency responsible for sending a satellite to the moon?

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Your Morning Bullets Brief Updates are here! And that means trivia is, too.

What happened on this day in 1837?

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How the stock market is misreading the poor jobs report

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As one of this country’s largest pipelines remains largely shuttered after a ransomware attack, gasoline and oil prices soared this morning. According to an NBC News report, a Russian criminal group may be behind the cyberattack.

This morning, stock futures tied to the Dow Jones Industrial Average and the S&P 500 were poised for slight gains, while the Nasdaq 100 futures were pointing to a marginal loss.

Meanwhile, the second-biggest digital currency in the world topped a new, $4,000 record. And dogecoin tumbled 12% this morning after the “Dogefather” himself made a “Saturday Night Live” appearance over the weekend.

On Sunday, the Tesla CEO tweeted “SpaceX is going to put a literal Dogecoin on the literal moon,” after sharing that the company would accept the meme-inspired digital asset to pay for the mission. More details can be found in the articles, below.

And the U.K. Prime Minister plans to announce the loosening of lockdown restrictions.

What else should you be aware of as you start your day and your week?

Other News That Matters To You:

His picks have always been right on the money, don’t miss this year’s top pick

 

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Paul Mampilly is a Wall Street legend.
(Barron’s crowned his hedge fund as the “world’s best” and Kiplinger ranked it in the top 1%.)

But a few years ago, he left Wall Street.

“I just grew tired of helping the rich get richer,” Paul explains. “So I started sharing my No. 1 investment picks with Main Street Americans.”

And his No. 1 stock picks have been phenomenal.

In 2016, Paul’s No. 1 pick — Tableau Software — shot up 199%.

In 2017, Paul’s No. 1 pick — Foundation Medicine — shot up 524%.

In 2018, Paul’s No. 1 pick — Roku — shot up 393%.

In 2019, Paul’s No. 1 pick — MTech Acquisitions — shot up 332%.

But Paul believes his No. 1 stock pick for 2021 could go even higher.

(By clicking this link you will be automatically opted in to Bold Profits Daily)

 

How Florida is facing challenges even as the state economy booms

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As financial firms and investors move to Florida in droves, economic growth looks bright in the Sunshine State.

“For years, even though people would talk about moving, it really wasn’t cool among the wealthy to move to Florida. It was like, OK, you couldn’t hack it in New York, so you go to Florida,” a wealth reporter said. “Now you’re that chump who stayed in New York.”

As more venture capital is raised, the state is slowly beginning to shift its reputation from wannabe to a potentially legitimate player in the tech and finance industry.

However, not everyone agrees that it’s only a matter of time before Florida cements its legitimacy in this arena.

“New York gets, you know, seven or eight times the amount of venture capital investment flowing into it than Florida does. And California gets, you know, five times what New York gets,” says Cristobal Young of Cornell University. “So Florida is not part of the tech economy at all.”

What other challenges and roadblocks would the Sunshine State need to overcome in order to truly transform its economy?

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Fredrick Frost

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