What recent announcement from China is affecting US stocks?
Morning Stock Movers: Coinbase, MicroStrategy, Nike
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The video discusses the impact of China's crypto transaction announcement on US stocks, highlighting companies like Coinbase, Marathon Digital, and MicroStrategy. It also covers Nike's earnings, noting good sales but supply chain issues affecting inventory levels, impacting companies like Footlocker and Under Armour.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How has the crackdown on mining in China impacted Marathon Digital?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What role does MicroStrategy play in the cryptocurrency market?
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4.
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3 mins • 1 pt
What was the inventory number reported by Nike, and why is it significant?
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5.
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3 mins • 1 pt
What challenges are companies like Nike facing regarding their supply chain?
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