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Last week's highlights...

Snacks / Monday, October 24, 2022
  • CryptMo: Over half of active exchange-traded products that track crypto launched after the bear market set in. In other words, institutional investors and tech juggernauts (think: big $$) largely haven't bailed on crypto.
  • Flex: Netflix shares popped after it said it added 2.4M subs last quarter, its first gain of the year. Now it’ll stop sharing subscriber forecasts and crack down on password moochers as it laser-focuses on revenue.
  • Krogertsons: Grocery powerhouse Kroger said it'll buy rival Albertsons for $25B. The super-merger is about more than just eggs and bread; it’s also about becoming a retail ad giant.

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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.