The top business story of 2021 has been stock market democratization, as hoards of young investors have started using mobile apps to buy shares in everything from GameStop to Google.
Axios Re:Cap digs into this trend and questions whether Gen Z understands the risks with Lauren Simmons. She's the host of a new reality series, the youngest-ever female trader on the New York Stock Exchange and only the second Black female trader in its history.
Yesterday, President Biden got the latest numbers on migrant children crossing the border, showing it's expected to hit a record 117,000 children this year. This influx of child migrants is not the first — former Presidents Trump and Obama faced similar crises. So we wanted to take a step back and look at why these surges happen.
Plus, the dire water situation in Jackson, Mississippi.
And, changes to how ads track you online.
Guests: Axios' Stef Kight and Sara Fischer and Mississippi Rep. Ronnie Crudup Jr.
Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Carol Wu, Nuria Marquez Martinez, Amy Pedulla, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected].
Collectibles and art have gone digital, enabled by a new sort of technology known as non-fungible tokens (NFTs). Just recently, Canadian singer and visual artist Grimes earned $6 million via an NFT auction, while a maker of digital basketball cards was valued at around $2 billion by venture capitalists.
Axios Re:Cap digs into the NFT craze with David Pakman, a partner with VC firm Venrock and one of the earliest investors in one of the earliest NFTs, called CryptoKitties.
