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Last week's highlights...

Snacks / Monday, April 11, 2022
  • Zero: China’s financial capital remains locked down over a spike in Covid cases, with ~26M Shanghai residents forced to stay home — monitored by drones and robo-dogs.
  • Turbulent: JetBlue outbid Frontier with a $3.6B offer to buy budget airline Spirit. Pilot shortages and demand for scarce tarmac gates are forcing smaller airlines to merge to survive.
  • Muskular: Elon became Twitter’s biggest shareholder after nabbing a 9.2% stake — and a board seat. The web’s “town square” could get a makeover: Musk teased upcoming “significant improvements” (edit button?).

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.