President Biden is to sign executive order on a cryptocurrency plan. As a result, bitcoin price is trading higher today. Jeff Pierce weighs in on companies such as Tesla (TSLA) and Nvidia (NVDA) exploring crypto as payment options. Next, Campbell Soup (CPB) earnings reported $0.69 in EPS and $2.21B in revenue. The company sees core inflation in low-double digits for a full year. Also, Bumble (BMBL) earnings revealed -$0.08 in EPS and $208.2M in revenue. The BMBL stock price is up following the news. Next, Pierce discusses the Thor Industries (THO) earnings beat. Finally, Wedbush upgraded Netflix (NFLX) to neutral from underperform. The analyst stated that the “long-term prognosis is as a low growth, extremely profitable enterprise.” Tune in for the full discussion.
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