cover of episode MM040: Social media stocks 'Snap', Bitcoin ATH & Trump launches TRUST Social

MM040: Social media stocks 'Snap', Bitcoin ATH & Trump launches TRUST Social

2021/10/22
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Market Maker

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Shownotes Transcript

In this episode, I talk to Eddie Donmez about why the crash in Snap's shares this week is bad for social media stocks but good for Apple. We also investigate the latest SPAC deal between Digital World Acquisition and Trump Media & Technology Group, as the former US President looks to circumvent big tech by launching his own app TRUTH Social. For dessert, we analyse Tesla earnings, review the performance of the first Bitcoin ETF, and comment on the latest PayPal talks to acquire Pinterest, in what could be one of the largest takeover deals of the year.

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