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But again, the underpinning perhaps being that we are seeing that 10 year yield continue to push lower.They are up today but still not back up to $80 a barrel.Only tech is in the red and not by much here today. And Josh, I think you did a great job and, and, and ju in the lead up in terms of why it's really that broadening out effect that we think is gonna take hold as we get deeper into this uh this quarter.
So we think there's a difference between what's called tail risk hedging within commodities, which is when you have, you know, oil prices just rally massively where you see really out of control, inflationary responses.We do think that again with a lot of inflation coming next week, there's a potential for some downward pressure in the very near term.
If those reverse, we'd have some concerns, but those would be three risks that we have to our, our current thought process. Number one is that, of course, we're seeing given the human tragedies across the world right now, some supply chain disruption and, and that could certainly continue again, our hearts are with those affected, that's certainly more important than financial matters.The second thing that you're seeing is actually a broadening out of participation by outside of these, these uh these borders, if you will.
We've got interviews with Robinhood, Ceo blood tenant and a firm Ceo Max left and later on in the hour plus in our investor playbook, we asess in the state of streaming, who is best position, who's better left behind all that and more when market domination returns big quarter out of Robin Hood real record revenues, they were up 40% year over year crypto revenue up 232% lots going on at this company.Always great to get some time with you.
I think the real highlight for me and we'll dive into a lot of numbers that, but customers transferred 4 billion in retirement assets to Robin Hood and I know you give, uh, rewards or boosters to get some of those assets.
And so that's balanced out some of the effects that we'd normally see in a higher interest rate environment on the trading front. And I think it's incumbent on us to lead that and make sure that the conditions in, in the US remain favorable to technology and innovation.I do think they will, I think you're starting to see it.But five years ago, Bitcoin was in a, in a uh uncertain environment.
Um We are still seeing engagement on the platform although total hours of engagement also fell short of analyst estimates 77.7 million active daily, daily active users uh in the first quarter on the Roblox platform. We know Co Rene Haas is, is kind of push them harder into, into new markets like data, data center hardware.
So hire for longer is an outcome of a not great situation with inflation but not a terrible thing for us. Never a so go to sleep and don't look at it again, sort of situation at affirm, we look at it all the time at any given day.I know you're not an economist but you have a great insight into the health of the economy.I think there's a lot of people who have read the news and said, well, the economy is not doing so hot.But it's not exactly at nine points where we were looking, you know, a year or whatever ago.
I wanna read this headline for you because I, I think you'll appreciate it or, or have something to say on it.Now, pay later schemes is a $700 billion black hole that economists aren't accounting for.Well, the claim is not mine and erroneous as it may be is that Bile Pali is this thing that is existing in the shadows of the economy.
Generally speaking, it's quite rigid, which may seem like a problem, but in fact, it's a huge benefit.Of course, if you need to have a little bit more time to pay later, slightly later, we will accommodate you and there are no incremental fees or combining interest.Some people prefer to have their affirm in the best standing possible.Some I think just paying their bills on time as you saw 2.3% delinquencies, 30 plus last quarter suggested they are paying our bills.
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