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- 🧬 23andMe files for bankruptcy
🧬 23andMe files for bankruptcy
As markets hope for a bounce

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📰 Market Headlines

Markets struggled to gain momentum last week as uncertainty around President Trump's tariffs loomed.
The S&P 500 went up 0.5%, the Dow rose 1%, and Nasdaq added 0.2%.
The Fed cut GDP forecasts to 1.7% and raised inflation expectations to 2.7%.
The Department of Homeland Security announced plans to revoke legal protections for 532,000 immigrants from Cuba, Haiti, Nicaragua, and Venezuela, effective April 24.
President Trump awarded Boeing a $20 billion contract to build the F-47 fighter jet, beating Lockheed and boosting Boeing shares 5%.
Canadian PM Mark Carney called a snap election for April 28, saying Trump "wants to break us so America can own us."
DNA testing firm 23andMe files for bankruptcy to sell itself; CEO leaves after failed bids
🌍 Alternative investing news
International stocks are outperforming the S&P in 2025. We may be seeing the beginning of a big rotation out of US stocks and into international equities.
This is great news for dividend lovers: Higher yields are often found outside the US.
We teamed up with Max Dividends to spotlight a few under-the-radar “Dividend Aristocrats” and high-yield companies.
📊 Ideas, trends, and analysis
BigTech analysis revealed a 7% average pullback among investors.
BOJ signaled a possible early rate hike as food prices surged, warning that President Trump’s tariffs won’t stop action if inflation persists.
🧠 Make yourself heard
23andMe has filed for Chapter 11 bankruptcy protection in the US to facilitate a sale of its assets.
Co-founder and CEO Anne Wojcicki has resigned and plans to pursue acquiring the company independently.
This has raised significant concerns about the future of customers' private genetic data. California's Attorney General has advised users to consider deleting their data from 23andMe's databases due to uncertainties about its handling during the bankruptcy process.
What action should 23andMe customers take regarding their genetic data? |
😱 Fear and Greed Index

📊 Earnings this week

Market movers
Heathrow Airport canceled nearly 1,000 flights after a catastrophic power outage.
Iraq announced plans to boost oil production capacity to over 6 million bpd by 2029, up from 4 million currently.
J&J announced plans to boost US investments by 25% to $55 billion over four years. $JNJ ( ▲ 1.38% )
📊 Crypto
The SEC’s crypto task force held its first public roundtable as President Trump pushed a regulatory overhaul.
Australia unveiled a new crypto framework regulating exchanges and custody services.
Pakistan unveiled plans to leverage surplus energy for Bitcoin mining operations.
🌍 Global Perspectives

🇮🇱 🇵🇸 An Israeli airstrike killed Hamas's highest-ranking political leader Salah al-Bardaweel and his wife in Khan Younis.
🇸🇸 The UN warned South Sudan is "on the brink" of civil war.
🇪🇸 Thousands staged a "surf and turf" protest against a planned textile factory and copper mine reopening.
🇨🇿 🇺🇸 The Czech government pledged to rescue Radio Free Europe after the Trump administration cut funds.
🎤 What you said last time
Not much love for the fear mongers

🧠 Miscellanea
A British man got his dying wish to be buried in a Snickers-inspired coffin.
NASA's Curiosity rover captured a glorious view from its perch on Mount Sharp.
Paleontologists discovered a perfectly preserved 15-million-year-old fish fossil in the Australian desert.
Georgia men shattered the world record for longest basketball game, playing for 121 hours straight.
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Or find me in the Alts Community.
Cheers,
Wyatt

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