2Yrยท

๐—ด๐—ฒ๐˜๐—พ๐˜‚๐—ถ๐—ป ๐——๐—ฎ๐—ถ๐—น๐˜† ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿญ๐Ÿฒ.๐Ÿฌ๐Ÿฑ.๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ


Hello getquin!


Come fly with me, as we journey through todayโ€™s news. By the end, youโ€™ll definitely be saying โ€œIโ€™m loving itโ€


(Disclaimer: there will be more news-related puns, so Iโ€™m sorry in advance)


๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐ŸŒ:


1. McDonaldโ€™s to exit Russia


Following 32 years in Russia, McDonaldโ€™s $MCD (-0.74%) has announced that they will be exiting Russia by selling their 847 restaurants in the country to local buyers. Last year, $MCD (-0.74%) generated around 9% ($2bn) of their revenue from Russia and Ukraine. They join a string of other Western companies exiting Russia following their invasion of Ukraine.


๐ŸŸฅ $MCD (-0.74%) McDonaldโ€™s Corp (๐Ÿ”ฝ -0.86%)


Are you loving it? https://reut.rs/3PnOJrf


๐—”๐˜€๐—ถ๐—ฎ๐ŸŒ:


2. South Koreaโ€™s new pro-crypto president gets pushback


South Koreaโ€™s ๐Ÿ‡ฐ๐Ÿ‡ท new president, Yoon Suk-yeol, pledged to implement a set of crypto-friendly policies. One of these was to increase the tax threshold for crypto investment gains to 50 million won (roughly $39k or 37.4k EUR), however the National Assembly Research Service (NARS) of South Korea has said that it should be just 2.5 million won (just shy of $2k) with a tax rate of 20%. South Korea is one of the worldโ€™s most crypto-active countries, with roughly 10% of the population using it.


๐ŸŸฅ $BTC (-0.88%) Bitcoin โ‚ฟ, $29,435.30 (๐Ÿ”ฝ-5.93%)


Havenโ€™t reached your threshold of information? https://tcrn.ch/3yAUImB


๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐˜€๐ŸŒŽ:


3. JetBlue launches hostile takeover bid for Spirit Airlines


JetBlue Airways $JBLU (-0.5%) has launched a hostile takeover bid for Spirit Airlines $SAVE (-0.8%) after the latter rejected a $33 per share all-cash offer earlier this month. Using Fridayโ€™s closing price for $SAVE (-0.8%) , this would have been a 94% premium. Spirit reportedly turned down this bid, as they plan to merge with Frontier $ULCC (-0.4%) . JetBlue have offered Spirit shareholders $30 a share if they vote against the Frontier deal. With this news, Spirit has gone above 10% in pre-market trading.


๐ŸŸฅ $JBLU (-0.5%) Jetblue Airways Corp (๐Ÿ”ฝ-5.27%)

๐ŸŸฉ $SAVE (-0.8%) Spirit Airlines Inc (๐Ÿ”ผ+10.08%)


Wondering whether the deal will take off?โœˆ https://cnb.cx/3NeSbm7


๐—ฆ๐˜๐—ผ๐—ฐ๐—ธ๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐˜†๐Ÿ””:


๐ŸŸฉย TOP, $SAVE (-0.8%) Spirit Airlines Inc (๐Ÿ”ผ+10.08%)

๐ŸŸฅ FLOP, $VLA (-1.88%) Valneva (๐Ÿ”ฝ-19.61%)

๐ŸŸฅ Most searched, $AAPL (+0.17%) Apple Inc (๐Ÿ”ฝ-1.72%)

๐ŸŸฅย Most traded, $VLA (-1.88%) Valneva (๐Ÿ”ฝ-19.61%)

๐ŸŸฅ S&P500 (๐Ÿ”ฝ-0.78%)

๐ŸŸฅ DAX (๐Ÿ”ฝ-0.84%)

๐ŸŸฅ $BTC (-0.88%) Bitcoin โ‚ฟ, $29,435.30 (๐Ÿ”ฝ-5.93%)


Time: 17:00 CEST


Did you know that Ronald Wayne, the third co-founder of Apple, along with Steve Wozniak and Steve Jobs, sold his 10% stake in the company for $800 in 1976? Today, his 10% would be worth $35 billion.

attachment
5
1 Comment

profile image
Do you think your country should be more crypto-friendly?
โ€ข
1
โ€ข
Show answer
Join the conversation