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Earn Your Leisure

Scholars Corner: Bacardi Settles with Jay-Z for $750 Million

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 15 February 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

I'm this Scholars Corner we discussed the market this January and will it continue to do well into February. Bacardi Settles with Jay-Z for 750 Million over company evaluation.


#earnyourleisure #jay-z #stockmarket #bacardi



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Transcript

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0:00.0

The stock market, especially the NASDAQ, had a great January.

0:05.4

Yes.

0:06.6

Last day, Friday wasn't good, but for the month of January, it was on a great run.

0:16.4

Do we expect February to continue in this path?

0:21.4

They raised basis points by quarter of 1%, so that was the reason why I drugged down.

0:27.1

They seemed to be lighting up on how much they were going to raise rates.

0:31.7

So it's not going to be the aggressive 6% to 7% that we thought maybe three months ago.

0:36.5

I'm kind of worried though, because the tech companies are going up too rapidly.

0:41.5

Our weather is a slow increase.

0:43.3

I think February will be solid.

0:44.7

March will be pretty good, but I don't want the companies to over and play the overhype

0:49.2

of what we've had.

0:50.2

Even meta is damn double.

0:51.8

You were talking about Facebook, so this day had their biggest one day gained ever.

0:55.4

I think 1-24%.

0:59.6

You were very bearish on meta.

1:01.7

Still am, and I was right in the bearishness.

1:03.8

So do you think that now?

1:06.6

It's on the rise.

1:08.4

Yeah.

1:09.4

It's on the rise.

1:10.4

So what's your thoughts on meta?

...

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