Weekly Wrap For The Week Ending April 15th 2022

Weekly Wrap For The Week Ending April 15th 2022

almost 2 years ago1 min

Key takeaways from this week:

  • Elon Musk upped the ante on his near 10% stake in Twitter this week by offering to buy the entire company for $43 billion in an attempt to make it "the platform for free speech around the globe"
  • The big US banks kicked off earnings season and a trend was clear: investment banking revenues fell thanks to a dropoff in dealmaking while trading segments impressed as volatile markets created more opportunities for banks to profit
  • The US, UK and China all posted higher-than-expected inflation in March in their first inflation reports to account for the war in Europe and China's latest wave of lockdowns hitting supply chains

And if you're gonna read one insight this week, make it this one to see how to profit from the current boom in the cybersecurity space.



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