Crypto crashed, stocks dropped, and Apple surpassed

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 13 May 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today's edition of Indicators of the Week, we bring you the top numbers to know in the stock market, cryptocurrency, and the world's second most valuable company.

Transcript

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0:00.0	N-P-R.
0:02.6	This is the indicator from Planet Money.
0:13.0	I'm Whalan-Wong.
0:14.0	And I'm Daryl Woods.
0:15.0	And I'm Adrienne Ma.
0:16.0	And it's time for...
0:17.0	Indicators of the Week.
0:19.5	Bum-bum-bum-bum-bum-bum-bum-bum-bum-bum-bum-bum-bum-bum-bum music.
0:25.7	And for this week is chaos and volatility.
0:29.0	I mean, crypto is crashing even more than the stock and bond markets, which are also
0:33.5	crashing.
0:34.5	One of the stars of the stock market for many years, Apple may be losing a little bit
0:38.7	of its shine.
0:40.1	This week it lost its status as the world's most valuable company.
0:44.0	It's going to be a up and down and up again and down again kind of right.
0:48.8	Bucklinga seat belt.
0:49.8	We're about to get volatile.
0:52.0	After the break.
0:53.0	Let's start our market roller coaster ride with the downiest of down news.
1:00.2	Adrian, you're up.
1:02.1	My indicator is down.
1:04.2	It is 20% down.
	...

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