Good morning. The idea of a metaverse, or digital online realm, has been the stuff of...
Itâs the monthly jobs numbers today and theyâre not going to be pretty and will be possibly the tip of the iceberg as we head into May. [Trading Tips] Good morning. The idea of a metaverse, or digital online realm, has been the stuff of science fiction. But that ânot too distant futureâ is about to come to the present. Facebook just renamed its company to Meta Platforms (FB), and the company will even change its ticker symbol starting next month. Itâs no secret that a company that got billions to have eyes on computer and smartphone screens for years is looking to find new ways to engage users. But Facebook is just the tip of the iceberg. A number of other companies have announced metaverse plans in recent weeks. Some will simply benefit from the trend thanks to their existing business. Others are making a shift much like Facebook is. In this special issue, weâll look at what are likely to be the top 5 players in this rapidly-growing tech trend in the years ahead. Now here's the rest of the news: Sponsored Content [These bots are transforming the $273B food service industry and you can invest.]( [Miso Robotics]( is transforming the food service industry by solving challenges of efficiency, profitability, and food quality in quick service restaurants (QSRs). To date, Miso has raised over $35M in capital, is backed by top venture capital firm Wavemaker, signed an $11M contract with CaliBurger to deploy their Flippy bots to 50+ global locations, entered into an agreement with White Castle for a North American rollout, achieved 2 granted patents and more. Now, Miso is working with 10 of the top 25 brands in the QSR industryâincluding Buffalo Wild Wings parent company, Inspire Brandsâand has dozens of pilot programs underway. Miso Robotics Series D campaign is ending November 18th, [donât miss your chance to invest.]( MARKETS DOW 36,327.95 +0.56% S&P 4,697.53 +0.37% NASDAQ 15,971.59 +0.20% *As of market close ⢠Stocks moved higher on Friday, thanks in part to a strong jobs report. ⢠Oil rose 3.4 percent, closing at $81.52 per barrel. ⢠Gold rose 1.4 percent, last going for $1,819 per ounce. ⢠Cryptocurrencies traded mixed, with Bitcoin at $61,024 at the stock market close. Todayâs TOP TIPS [Top 5 Metaverse Stocks to Buy Now]( The metaverse is coming. A combination of virtual reality software and augmented reality hardware, the metaverse will create a second world of interconnected experiences that changes the way people live and work. While early versions will have their kinks, if successful, the metaverse could represent a massive investment opportunity as well as societal change. Much like investing in social media at an early stage, companies large and small alike are getting in on the multiverse trend. » [FULL STORY]( IN OTHER NEWS ⢠[Labor Market Continues to Improve]( Payrolls rose by 531,000 in October, a better-than-expected number for the labor market. With jobless claims at pandemic lows and hiring on the rise, the economy continues to move into a post-pandemic era recovery, although some shortages still exist in a number of jobs. ⢠[House Closes in on Key Spending Votes]( The House of Representatives were closing in on votes for some key spending bills going into the weekend. That includes an infrastructure bill, as well as a $2 trillion bill covering social issues such as education, healthcare, and the climate. ⢠[More Chinese Real Estate Developers in Trouble]( Kaisa Group shares were suspending from trading in Hong Kong on Friday. The Shenzhen-based property developer appears to be at risk of default, as the countryâs real estate market continues to pull back. The stock is already down more than 70 percent this year, and is the second major developer after Evergrandeâs big drop in September. ⢠[Pfizer Reports Covid Pill That Cuts Risk of Death by 89 Percent]( Pfizer (PFE) has reported that its Covid-19 pill, when combined with an HIV drug, can cut the risk of hospitalization or death by 89 percent in adults who have been exposed to the virus. This is the second antiviral pill for Covid, and could spell a complete end to the pandemic and prevent future waves from happening. ⢠[Tencent Makes Big Move into Chips]( To combat the semiconductor shortage and move production of chips in-house, many Chinese companies have been building up their chip capacity. Tencent (TCEHY), best known for video games and social networking, has unveiled three chip designs: one for AI, one for video transcoding, and one for network interfacing. S&P 500 MOVERS TOP LYV 15.43% EXPE 15.386% PFE 10.536% RCL 9.212% TRIP 8.99% BOTTOM MRNA 18.185% MRK 9.775% BIO 7.72% WST 6.464% ZM 6.173% Quote of the Day [Fridayâs] Payrolls numbers became even more significant, as it is the first full month of hiring following the expiration of federal enhanced unemployment benefits, while public health has simultaneously improved and labor demand has remained strong. - Chris Hussey, analyst at Goldman Sachs, on the latest payroll numbers reflecting a significant reduction in enhanced benefits since the start of the pandemic. Sponsored Content [These bots are transforming the $273B food service industry and you can invest.]( [Miso Robotics]( is transforming the food service industry by solving challenges of efficiency, profitability, and food quality in quick service restaurants (QSRs). To date, Miso has raised over $35M in capital, is backed by top venture capital firm Wavemaker, signed an $11M contract with CaliBurger to deploy their Flippy bots to 50+ global locations, entered into an agreement with White Castle for a North American rollout, achieved 2 granted patents and more. Now, Miso is working with 10 of the top 25 brands in the QSR industryâincluding Buffalo Wild Wings parent company, Inspire Brandsâand has dozens of pilot programs underway. Miso Robotics Series D campaign is ending November 18th, [donât miss your chance to invest.](
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