News Snapshot:
TikTok is like crack cocaine, according to a Wall Street research firm. A top market analyst explains how the Chinese app has displaced giants across Big Tech. Happy Friday eve, readers. I’m Phil Rosen, coming to you from New York. Tomorrow, Jerome Powell will speak at Jackson Hole, Wyoming, and likely dash hopes for a potential Fed pivot. Be sure to check your inbox ahead of the key speech Friday — I’ll be breaking down everything you want to know from how stocks and currencies could react to what top analysts are thinking. But today, I want to bring your...
