In The News

6.15.2021

American Express CEO says U.S. travel, dining spending is nearing full recovery - CNBC

"Americans are increasingly tapping their credit lines as Covid-19 health restrictions ease and travel demand ramps back up, American Express CEO Steve Squeri told CNBC on Monday."

 

Wannabe Bitcoin ETFs Are Mushrooming and Getting More Creative - Bloomberg

"With at least nine applications for Bitcoins ETFs collecting dust in the Securities and Exchange Commission's in-box and clients baying to buy crypto funds, U.S. issuers in the $6.4 trillion industry are cobbling together a growing number of workarounds."

 

Pipeline Stocks Can Gain as Oil Rises. One to Buy and One to Sell. - Barron's

"There is good news and bad news for oil-and-gas pipelines as the U.S. emerges from the pandemic. They are benefiting from a rise in demand and prices, but the regulatory environment and the push toward green energy imperil their future."

 

Snowflake Sees Sun a Long Way Out - WSJ

"Cloud software provider gives a very long-term forecast that was already priced in"

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