Fox Action Forum

Janet Yellen, in an interview with Fox
Business ($FOX (+0,48 %) )
said that the single biggest contributor to inflation will decline this year. However, she warned that the decline the inflation may not "proceed smoothly".

Yellen emphasized that the inflation may be a bumpy return to normality could lead to a bumpy return to normal. She went on to explain that she estimated that rentsthe biggest contributor to inflationwill fall this year.

In addition, Yellen expressed regret that she had previously said that inflation was temporary.

https://youtu.be/gl16aecTcG4?si=DSTOGJHSlFipmgG2

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟭𝟭.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquin,

We have reached the middle of the week and things are NOT slowing down

𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. Marlboro manufacturer offers for Swedish Match.

Philip Morris International $PM (+2,66 %) has made a $16 billion takeover bid for rival Swedish Match $SWMA which is best known for producing smokeless "snus." Shares of Swedish Match $SWMA have seen a 32% premium since the talks were announced. This product is currently not approved for sale in the EU, with the exception of Sweden, but the move is part of PMI's push to diversify beyond tobacco-based products.

🟩 $SWMA Swedish Match AB (🔼+8.79%)

https://cnb.cx/3wkrq99

𝗔𝗳𝗿𝗶𝗸𝗮🌏:

2. MARA receives $23 million from Coinbase Ventures

MARA, a pan-African crypto exchange platform, has received $23 million in seed funding from Coinbase $COIN (-1,4 %) Ventures, FTX and other web3 investors. This funding will enable MARA to develop a range of products to meet the growing demand for cryptocurrencies in the region, where cryptocurrency usage has increased by 1,200% in the last year.

🟥 $COIN (-1,4 %) Coinbase Global (🔽-24.16%)

https://tcrn.ch/3FEKHX8

𝗔𝗺𝗲𝗿𝗶𝗸𝗮🌎:

3. Brazil's inflation at highest level in 26 years

Despite already high expectations of 12.07%, prices in Brazil rose 12.13% in the 12 months to April. This is the largest increase the world's fifth most populous country has seen in 26 years. Prices rose in April in eight of the nine categories that make up the Consumer Price Index.

https://reut.rs/3L4mhax

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻🗣:

1. electronic arts $EA (+0,96 %)

🟥 EPS: $0.80 vs $1.43 expected (-44.06%)

🟥 Revenue: $1.75B vs $1.77B expected (-0.92%)

2. $FOX (+0,48 %) Corporation

🟥 EPS: $0.80 vs $1.43 expected (-44.06%)

🟩 Revenue: $3.46B vs $3.39B expected (+2.00%)

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆🔔:

🟩 TOP, $EA (+0,96 %) Electronic Arts Inc (🔼+11.08%).

🟥 FLOP, $UPST (-0,82 %) Coinbase Global (🔽-24.16%)

🟥 Most searched, $UPST (-0,82 %) Upstart Holdings (🔽-10.89%)

🟥 Most traded, $COIN (-1,4 %) Coinbase Global (🔽-24.16%)

🟩 S&P500 (🔼+0.37%)

🟩 DAX (🔼+1.69%)

🟩 $BTC (+0,46 %) Bitcoin ₿, $31,569.00 (🔼+1.84%)

Time: 17:15 CEST

Did you know that there are only 7 countries whose GDP is larger than the market capitalization of $AAPL (2.47 trillion)?