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Zaid Admani

๐Ÿ‘ค Speaker
1016 total appearances

Appearances Over Time

Podcast Appearances

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

In fact, 3M is a staple holding in dividend ETFs and income portfolios.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

But the stock is down more than 4% today.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

And I don't think it's because of earnings.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

It's just there's a broader market sell-off right now happening due to the Greenland headlines and tariff threats by Trump and the EU.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

So kind of a bad morning to report earnings, I gotta say.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

Let's wrap the show with a fun fact.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

The New York Stock Exchange is developing a platform for trading tokenized securities.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

Parent company of the New York Stock Exchange called Intercontinental Exchange said they are working on a new system that would let people trade digital versions of stocks and ETFs 24 hours a day, seven days a week.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

And these tokenized stocks would settle instantly on a private blockchain.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

So traders won't have to wait for days for trades to settle and it would happen instantly, which is something that happens in crypto.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

Clearly, the New York Stock Exchange has been inspired by how crypto works.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

Crypto trades 24-7.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

It settles almost instantly.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

So it makes sense to bring this blockchain tech and tokenization to the stock market.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

Now, this platform still needs approval from the SEC, but I think it'll happen.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

I mean, I do like the fact that we have a market open and closed time right now, but you got to admit it is pretty archaic in today's world.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

I mean, we're already off to a wild start this week and we haven't even talked about earnings yet.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

So it's gearing up to be a very interesting week.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

By the way, if you guys want some bonus content, go check out our deep dive that we did over the weekend about the Federal Reserve.

The Rundown
Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal

And also check out our interview that we did with Bloomberg reporter Ashley Carman.