Snap (NYSE: SNAP) shareholders went into the fourth-quarter earnings season knowing that the macro economy was weak, that the digital ad market had slowed, that Apple's user privacy changes had made tracking the effectiveness of ads more complicated, and that TikTok was a dangerous competitive threat. Despite all this, there are reasons to consider buying Snap stock. The worst of the declines in the digital ad market are over. Read More...
MarketWatch
Here come the 5% CDs
If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. You can already get 5% on a one-year CD if you shop around, and there should be more—and maybe better—on offer soon following the latest economic news, which has sent the money markets jumping around. January’s inflation data came in higher than expected, and the markets were surprised by the news, even though Federal Reserve Chairman Jay Powell had basically told them this was going to happen at his press conference a couple of weeks ago.
