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Last week's highlights...

Snacks / Monday, October 10, 2022
  • Nescrisis: Nestlé (aka: the world’s largest coffee company) committed $1B by 2030 to protect coffee from the climate crisis. Think: climate-change-resistant java trees and farming with regenerative methods.
  • #Ad: Kim Kardashian agreed to pay a $1.3M fine to settle SEC charges related to an Insta post promoting alt coin EthereumMax. The Kim crackdown is a sign that securities regulators are marking their territory in the crypto-sphere.
  • Gassy: OPEC, Russia, and other allies will curb oil production by 2M barrels a day — the biggest cut since 2020. It’s a blow to the US and G7 allies who want low oil prices for consumers (and to punish President Putin).

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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.