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- ๐ Is The Bear Market Over?
๐ Is The Bear Market Over?
Plus: Airbus secures the biggest order in history
Good Morning!
Some analysts are buzzing with news that the bear market is over. Tech giants like Nvidia, Tesla, and Apple are leading the charge, bringing some much-needed bullish energy to the table. ETFs have smashed a new record, hitting a jaw-dropping $10.3 trillion in assets under management this very week.
Speaking of breaking records, Airbus just scored the biggest plane order in history, selling 500 A320s to Indian budget airline, IndiGo. We also have a ransomware gang causing a stir. They're threatening to leak hacked Reddit data unless they receive a cool $4.5 million and a backtrack on some controversial pricing policies.
Grab your Venti Caramel Macchiato with extra foam, two pumps of vanilla syrup, a dash of cinnamon, topped with whipped cream and caramel drizzle, and let's get into it! โ๏ธ๐๏ธ
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Markets
This New Bull Market Has Lasting Power (3 minute read)
According to some analysts, the bear market is over! What's driving this tech party? Well, the big shots like Nvidia, Apple, Amazon, Netflix, Meta Platforms, and Tesla are leading the charge. And let me tell you, Tesla is on a roll! Out of the past 15 days, they've closed in the green for 14 of 'em.

Investing
Hackers threaten to leak stolen Reddit data if company doesnโt pay $4.5 million (5 minute read)
The notorious BlackCat ransomware gang, also known as ALPHV, are threatening to unleash a massive 80 gigabytes of super-secret Reddit data that they apparently swiped during a breach back in February. The hackers initially demanded a cool $4.5 million to keep their lips sealed and delete the data in April, but decided to up the ante last Friday, throwing in an extra demand - Reddit better backtrack on their controversial new pricing policy!
ETFs hit record levels as assets exceed $10trn (5 minute read)
ETFs are on fire! They hit a whopping new record of $10.3 trillion in assets under management just this week, according to ETF Global Insight and are attracting investors left and right. ETFs have been on a winning streak with more net inflows for a whopping 48 months straight! They pulled in a cool $75.1 billion in net inflows just last month.
Biggest plane deal in history: Airbus clinches massive order from Indiaโs IndiGo (5 minute read)
Airbus (EADSY) just nailed the mother of all aircraft orders! IndiGo, the Indian budget airline, just whipped out their shopping cart and made an order of 500 A320 planes from Airbus - This jaw-dropping deal is now officially the biggest single purchase agreement ever in the history of commercial aviation. IndiGo sure knows how to shop 'til they drop, bringing their total Airbus plane count to a staggering 1,330.

Money
Three Simple Rules for New Investors (5 minute read)
We're smack dab in the middle of the Information Age, where you can find a gazillion analysis and opinions just by clicking a few buttons, especially when it comes to investing. All you really need to do is remember these three golden rules: Rule number one, forget about waiting for the perfect moment to start; the best time is always NOW. Rule number two, don't break the bank! Invest a little bit at a time, regularly. And last but not least, rule number three: mix it up, spread your investments like butter on toast โ diversify! See? Investing doesn't have to be a headache.
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5:52 AM โข Jun 21, 2023
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