- Down: Swedish fintech Klarna is reportedly raising new funding at a much lower valuation, a sign that the days of easy VC $$ for money-losing startups could be over. Even free-spending SoftBank is cutting back.
- Omen: It’s getting harder for retailers to pass on their rising costs to consumers. Case in point: Walmart’s and Target’s sour earnings last week, which showed inflation’s pinching profits.
- Oracle: Warren Buffett’s on a stock-buying spree after pulling back last year. The investing guru is snagging stakes in companies like Chevron and Citi, using his famous “value” playbook in the bear market.
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