Crypto Gets a Win, Mortgage Rates Jump, and 23andMe Sells for Pennies
Markets are reacting to a wave of big moves: Home Depot isn’t raising prices despite tariffs, leaning on scale and supply chain shifts to protect margins. The Senate just advanced a bill that would regulate stablecoins, signaling long-awaited clarity for crypto. 23andMe, once a $6B darling of the DNA testing world, was sold for $256M to Regeneron in a bankruptcy-driven pivot to pharma. Mortgage rates surged past 7% again after Moody’s downgraded U.S. credit, renewing pressure on homebuyers. And TXNM Energy hit all-time highs after Blackstone announced an $11.5B buyout — showing investors still love a bold bet on energy infrastructure.
🚀Loving the show?Leave a5-star rating & reviewonApple Podcasts,Spotify, orYouTubeto help more people discover it!
📩Want to master your money in 5 minutes or less each week?Join theMaster Money Newsletter→Sign up here
🎧Like this show? You'll love our other podcast:The Personal Finance Podcast
📲Follow Andrew Giancola on Social Media:
🔥 Thanks for tuning in! See you next episode.
Learn more about your ad choices. Visitmegaphone.fm/adchoices
