Rocky results, the Fed’s new rules and the Trump SPAC

Snap got slapped by Apple’s new rules, and Facebook is sinking as a result. While Intel came up short again, and Beyond Meat is getting grilled on lower outlook. We’ll bring you all of these rocky results. Plus, the Fed has a new set of rules for trading. Is this an acknowledgement of guilt, or does it help Jerome Powell’s case for reappointment? We’ll debate. And, in today’s Rapid Fire: we’ll highlight the company set to take former President Trump’s social media platform public, which has soared 1,000% in just two days. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.