Good evening.
Stocks climb to records, dog-themed internet money is taking over, and Facebook changes its name to Meta.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks climbed on Thursday after a string of strong earnings reports.
Around half of S&P 500 companies have posted results so far, and 82% of them have beaten expectations.
The S&P 500 and Nasdaq Composite both finished the day at record highs.
The crypto market gained on Thursday, with Bitcoin trading near $61k, as the excitement around Shiba brings more attention to crypto.
Coinbase is currently ranked #1 in the app store.
Catch Up
Facebook changes its name to ‘Meta’ to highlight its metaverse ambitions.
Apple and Amazon both miss on earnings estimates, citing supply chain issues.
Shiba Inu has surpassed the market value of Robinhood.