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We aggregate some of the best up to date investing stories and news from around the web and deliver it to you each day in The Daily.
From The Ivy: Monday, December 13 2021

7 Crypto Stats that Prove it is Mainstream.

Cryptocurrencies and decentralized assets are entering our financial world in a hurry. Data shows the emergence of cryptocurrencies like Bitcoin and Ethereum, as well as less well-known crypto projects like Solana and Polkadot are no longer on the horizon – they have gone mainstream.
Here are the 7 crypto stats that prove it.

Cathie Wood Sees Small Business Recovery Ahead, Tom Lee Predicts 'Extremely High' Odds Of A V-Shaped Market Rebound

ARK Invest CEO Cathie Wood believes small businesses are poised for a resurgence, despite facing prolonged struggles since the COVID-19 pandemic.

What Happened: In the March edition of “In The Know,” Wood emphasized historical patterns, pointing to deregulation, tax cuts, and revived entrepreneurial spirit as catalysts for recovery.

 » Read more about: Cathie Wood Sees Small Business Recovery Ahead, Tom Lee Predicts 'Extremely High' Odds Of A V-Shaped Market Rebound  »

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The Burst

The Ivy

1 Overlooked Stock Set to Rebound BIG

1 Overlooked Stock Set to Rebound BIG

During its most recent earnings announcement, Lululemon reported a revenue increase 28% year-over-year to $1.9 billion while net income rose by 36% to $255 million. Same-store sales also increased by 22%. For the current quarter, the company expects revenue to rise 25%.

While many other retailers are struggling due to the challenging macroeconomic conditions of high inflation and interest rates,

 » Read more about: 1 Overlooked Stock Set to Rebound BIG  »

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