Cook vs. Zuck 🥊 — Housing prices may drop 20% according to one regulator. Meta’s earnings tank. And the SGL is still trying to overtake the PGA.

Housing prices could drop up to 20% in some of the most over-heated Canadians markets, according to one of the country’s top banking regulators. Facebook’s parent company Meta’s stock collapsed by as much as 26% yesterday morning —wiping out over US$200 billion from its market cap — after the tech giant forecasted weaker revenue growth this quarter. The Saudi Arabian-backed Super Golf League (SGL) is trying (again) to court the world’s top 100 golfers, according to US golfer Phil Mickelson — who is ranked 38th on the PGA Tour Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.