Happy Wednesday Zingernation! Who let the bears out? My stocks were down yesterday, so I bought Bitcoin, then that dropped 10%. Hey, when it rains it pours, and yesterday felt like a tropical cyclone.

I’m just trying to find shelter. I’ll go anywhere that’s got it! Wait… is that what I think it is? A bunker in the village of Dogecointown? Only one way to find out.

Before we dive in, do you shop on Amazon or use Prime? If so, you might be missing out on huge savings…

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MARKET SNAPSHOT

Yesterday: Was pretty much the exact opposite of Monday. The overall market traded lower all day, but a minor rally toward the close brought the major indices off their lows of the day.

On Our Radar: It’s a JPOW day! The Fed Chairman will testify to Congress starting at 10 am ET. I have a hunch that Mr. Market will be listening in.

TOP STORY

Disney Activist Battle Rages On With Stock At 52-Week Highs

Briefly: An activist battle against leading media company Walt Disney Co has been in the works for over a year, escalating in recent months.

What Happened: Activist investor Nelson Peltz of Trian Fund Management is in the middle of a battle against Disney, with nominations of himself and another candidate for the board announced in December.

Making Moves: On Monday, Trian outlined its priorities for Disney and how it could help the company and shareholders "restore the magic."

Quoted: "Disney is the most advantaged consumer entertainment company in the world and should have had a ‘winning hand' in today's evolving consumer entertainment landscape. But instead, Disney lost its way over the past decade," Trian said in a 133-page presentation.

A Turnaround: The activist battle against Disney came as shares of the media company were struggling and hit nine-year lows. Now, shares of Disney have rebounded and trade at new 52-week highs, which could alleviate some of the pressure on the media company. 

Learn More: Check out the full story here.

PRESENTED BY FINANCE BUZZ

Amazon Doesn't Like When You Exploit These Hacks (But They Can't Stop You)

Do you shop on Amazon or use Prime? If so, you might be missing out on huge savings and a chance to earn extra cash on every purchase you make.

Amazon doesn't exactly endorse all of these hacks, as they can give you big discounts, save money, and even make a little extra cash in the process.

What are you waiting for?

FIVE ZINGERS

Started From The Bottom: Bitcoin officially hit new all-time highs yesterday. Here’s when our readers think it’ll hit $100k.

Spring Breakers: Citadel and other hedge funds are still moving to Miami post-COVID. Here’s why Ken Griffin thinks the city could be the new NYC.

Off The Rack: Nordstrom shares were looking like something you’d find on the clearance rack, down nearly 10% after the company’s earnings report.

Google’s Savior? Redditors are saying that Waymo has way mo’ potential than people are giving it credit for.

Bullseye: Target’s stock traded up more than 10% yesterday after the retailer reported stronger-than-expected earnings.

ONE FOR THE ROAD

Billionaire Investor Mark Cuban Says, 'If You Don't Know AI, You Are Going To Fail'

Basically: The media is buzzing about the market’s recent AI rally. Mark Cuban joined CNBC's “Closing Bell: Overtime” earlier this week to share his views on AI use in the future.

AI For All: Cuban sees artificial intelligence becoming part of daily life for everyone, from students to CEOs. He stressed the need to become proficient in using AI.

Quoted: "If you don't know AI, you are going to fail. Period, end of story," Cuban said. "It will have significant impact on every single thing that you do, there's no avoiding it."

Risky Business: Cuban pointed to some risks that come with the widespread adoption of artificial intelligence, including threats to national security. He believes the United States should maintain immigration policies that welcome talented people into the country to stay ahead of potential adversaries.

What Next: Check out the full story here.

PRESENTED BY FINANCE BUZZ

Amazon Doesn't Like When You Exploit These Hacks (But They Can't Stop You)

Do you shop on Amazon or use Prime? If so, you might be missing out on huge savings and a chance to earn extra cash on every purchase you make.

Amazon doesn't exactly endorse all of these hacks, as they can give you big discounts, save money, and even make a little extra cash in the process.

What are you waiting for?