One Costco Hotdog memecoin holder has been eating a Costco hot dog every day for the past 50+ days to promote the coin, and plans to continue until the token hits $1.50 (the price of a Costco hotdog).
An "exponential growth" mindset is behind the sharp decline in quality of tech giants' core offerings—and now they are collapsing under their own weight. Read
@edzitron
on the "Rot-Com bubble"
Introducing Weird Money, a new column from
@Jack_Raines
exploring the most bizarre goings-on in business and markets. This week: a bankruptcy where shareholders might actually get paid, a new hire at Beast Industries, and more
Need to cut through a bunch of business executive jargon and roundabout phrasing? Here's a handy tip: the TL;DR is usually delivered right after these two little words
"There’s something narcotic about paying 26 cents for a box of 40 envelopes that was originally $4.96."
@RichJuz
does the math on whether CVS' coupons-and-cash-back program actually saves you money
Q&A:
@Jack_Raines
interviews
@kylascan
on the economy, national debt, social media as an information source, common misconceptions about the Fed, her new book, and more
This might be the most buzzy bit of promotion that the iPad product line has had in years—but the type of buzz is probably not what Apple was hoping for
Despite recent waves of inflation and significant rent growth, young people are still spending at the same pace. “Even if people say ‘insufficient funds’, a lot of them still report splurging.”
When The Campari Group acquired Aperol in 2003, 48% of Aperol sales came from its native Italy. Today, that figure is down to just 17%—as more and more of the globe falls prey to the sun-drenched charms of the Aperol Spritz
The skyrocketing demand for transformers—you know, those gray metal boxes you never really notice—is outstripping supply, threatening the US electrical grid
Sometimes Apple Face ID recognizes me right away when I know I look like absolute crap and it bums me out. I think it should at least pretend to struggle a little bit
#WWDC24
Startup accelerator Y Combinator was begun almost 20 years ago with a mere $200k in capital. Since then, it’s become a fairly reliable predictor of the Next Big Thing
Investors can let up on their angst a little after this jobs report—and even in a report that missed expectations, there are still signs the labor market remains solid
OpenAI is breaking breaking news. Here's a running list of which media organizations have inked licensing agreements with the company (so far), and which are suing:
Whether you’re planning a getaway to answer
#5
or ordering a cocktail made with answer
#6
, make sure you're heading into the weekend well-informed with our Snacks Seven quiz
If this is indeed Keith Gill, and he was able to profit from another parabolic move in GameStop, he’s made a ridiculous amount of money in two very different ways.
One of the main concerns the activists had from the start was that Kohl’s wasn’t moving fast enough to address stagnant sales and declining operating margins. Apparently, that’s still a problem.
Unlike GME and AMC – where this bout of market mania appears to be a faint echo of what transpired three years ago, both in price performance and activity — FFIE is the exact opposite.
A split appears to have emerged within the company: those who think it’s moving irresponsibly fast, and those (like Sam Altman) who think it should be doing more to grow its business.
Industry execs see the future of bitcoin mining shifting into smaller operations, blending into the background of everyday life—to such an extent that people will forget it is there.
Just ~48% of Reddit’s daily active users are logged in when using the platform — perhaps a troubling data point for a platform that’s defined by user-generated content more than most other social media.
As Airbnb faces an increase in regulatory hurdles and a decline in its bookings growth, the company is looking to “move beyond travel” and doubling down on offering unique, outside-the-box experiences
By the last quarter of 2020, nearly 17% of US retail sales were done online. Most expected that figure to continue rising…cut to Q4 2023, though, and what was e-commerce’s share? Still 17%.
Idk, getting stock tips from a guy who goes by "Mr. Mike" seems legit to me:
@Jack_Raines
checked out this fake Ray Dalio Instagram investing scam so you don't have to
Folks currently in the market for a new job can tell you: getting your foot in the door has never felt tougher than it does now. If you’re really and truly stuck, you might consider enlisting some professional help
What Gen Z might have killed (if anything) is the belief that having the same life plans and goals as everyone else in your generation is a worthwhile symbol of positive growth.