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The Rundown

Peloton's Dismal Forecast, Fed Meeting Recap

Thu, 01 Feb 2024

Description

Stock market update for February 1, 2024. S&P 500 Has Its Worst Fed-Decision Day Since March (Bloomberg) Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next? (NY Times) Activist Elliott builds roughly 13% stake in Etsy, secures board seat (CNBC) Peloton shares plummet 20% as fitness company gives dismal outlook (CNBC) The content of the podcast is for general and informational purposes only. All views presented in this show reflect the opinions of the guest and the host. You should not take a mention of any asset, be it cryptocurrency or a publicly traded security as a recommendation to buy, sell or hold that cryptocurrency or security. Guests and hosts are not affiliated with or endorsed by Public Holdings or its subsidiaries. You should make your own financial and investment decisions or consult respective professionals. Full disclosures are in the channel description. Learn more at Public.com/disclosures. Past performance is not a guarantee of future results. There is a possibility of loss with any investment. Historical or hypothetical performance results, if mentioned, are presented for illustrative purposes only. Do not infer or assume that any securities, sectors or markets described in the videos were or will be profitable. Any statements of future expectations and other forward-looking statements are strictly based on the current views, opinion, or assumptions of the person presenting them, and should not be taken as an indicator of performance nor should be relied upon as an investment advice.

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