Equity Monday: Intel backs robotics startup, Twitter loses money, and fintech shows signs of life
Hello, and welcome back to Equity. Here’s the rundown from this morning: Stocks are largely down around the world following weak Chinese economic data for the second quarter, the XRP/Ripple partial victory drove a short-lived boomlet for many crypto tokens, Twitter is cash-flow negative, per its CEO, but the company intends to double-down on paying individual tweeters for their high-view activities while Threads continues to grow like a weed, and startupThunes is nearly a unicorn.