In what might be the most painfully on-brand story of 2024 transitioning into 2025, PayPal's finding out that even well-intentioned corporate initiatives can backfire spectacularly. Think of it as the corporate equivalent of that time you tried explaining cryptocurrency to your parents – nobody wins, and everyone leaves confused. (Source: Giphy) In short, the digital payments giant is getting dragged to court over its $530 million minority business support program from...
If you thought the streaming industry couldn’t get any messier, Disney and Fubo just teamed up to prove you wrong. In what feels like a plot twist from a reality show no one saw coming, Disney is merging its Hulu + Live TV service with Fubo to form a new mega live-TV streaming venture. And because Disney doesn’t do anything halfway, it’s snagging a 70% ownership stake, leaving Fubo holding the other 30%. So, yes, this is technically a “partnership,” but let’s...
While everyone was watching her buy $10 million worth of beaten-down AMD shares, Cathie Wood (aka Mama Cathie) was quietly loading up on something way more exciting and, let’s be real, a lot riskier, which is just her flavor. I’m talking about electric air taxis. Yes, you read that right. This is not a joke. The woman known for her yolo moves on Tesla and bitcoin is now hitching a ride with Archer Aviation, a company that’s taking their drone obsession past even New Jersey&rsqu...
Well, it looks like it didn’t take long for the Reddit crowd to latch onto their next moonshot, and this time, it’s Rigetti Computing. This quantum computing stock has exploded 470% in the past month, leaving many asking, “Am I too late to the party?” But before you YOLO your savings into this stock, let’s break down the hype, the hope, and, yes, the nitty gritty of what you’re getting into. First, let’s talk quantum computing—the mag...
Well, well, well… looks like Americans are telling Dave Ramsey to shove his no-new-cars-unless-you’re-a-millionaire mantra where the sun don’t shine. While Ramsey’s out here preaching the gospel of “drive your beater until the wheels literally fall off,” Ford and GM just wrapped up their best sales year since before we started hoarding toilet paper (2019). Ford and GM dropped some encouraging stats on Friday, reporting their best U.S...
Because apparently 16 years of government control isn't enough time to figure out what to do with two companies that essentially power the American Dream—The Treasury Department and FHFA just dropped what might be the most anticipated sequel in financial markets: "How to Free Fannie and Freddie Without Breaking Everything." The market, naturally, responded by sending both stocks to levels not seen since the Obama administration. (Source: Giphy) In short, Feder...
While everyone was watching her buy $10 million worth of beaten-down AMD shares, Cathie Wood (aka Mama Cathie) was quietly loading up on something way more exciting and, let’s be real, a lot riskier, which is just her flavor. I’m talking about electric air taxis. Yes, you read that right. This is not a joke. The woman known for her yolo moves on Tesla and bitcoin is now hitching a ride with Archer Aviation, a company that’s taking their drone obsession past even New Jersey&rsqu...
If you thought the streaming industry couldn’t get any messier, Disney and Fubo just teamed up to prove you wrong. In what feels like a plot twist from a reality show no one saw coming, Disney is merging its Hulu + Live TV service with Fubo to form a new mega live-TV streaming venture. And because Disney doesn’t do anything halfway, it’s snagging a 70% ownership stake, leaving Fubo holding the other 30%. So, yes, this is technically a “partnership,” but let’s...
Listen, I know we're all getting a little tired of the "AI company does thing, stock goes nuclear" narrative, but this one's actually worth talking about. Because when a company whose name sounds like a rejected pharmaceutical brand becomes Wall Street's hottest ticket, we've got to dive in. (Source: Giphy) In short, Cerence (SoundHound AI’s Joker to their Batman) just announced they're holding hands with Nvidia in the AI sandbox, and the marke...
Forget the movie theater, Rockstar Games is about to remind everyone why video games are the apex predators of the entertainment world. After a decade of teasing, instagram memes, and enough fan theories to rival Avengers Endgame, Grand Theft Auto VI is finally pulling into Vice City. Take-Two Interactive, the parent company behind Rockstar Games, is getting ready for what analysts are calling the biggest entertainment launch of 2025… and maybe ever (sounds a bit like a Trump speec...
If you’ve ever clicked on a recipe blog and found yourself scrolling through the author’s life story about their dog’s gluten intolerance before hitting the ingredient list, you’re not alone. Apparently, Brad Smith, Microsoft’s president, feels the same way. He cut the fluff and went straight to the point in his recent blog post: Microsoft plans to drop $80 billion this fiscal year on AI-enabled data centers. (Sorry doom and gloomers, AI looks like it’s here t...
Looks like Apple and Nvidia’s partner, Foxconn, just put a serious exclamation mark on 2024. The Taiwanese manufacturing company reported record-breaking Q4 revenue, pulling in $64.75 billion… a 15% year-over-year jump. (Not bad for a company that’s basically known as “the place where your iPhone comes from” and the answer to “Who actually makes all this stuff?”) Before you even ask what’s going on, let me give you a hint… it’s...
Well friends, it looks like Nvidia is starting to rethink its long-term relationship with Taiwan Semiconductors, the semiconductor industry’s golden child. Word on the street is that Nvidia is considering Samsung Foundry as a potential alternative for its 2nm chip production, all because TSMC’s prices are creeping into “luxury yacht” territory. According to reports out of South Korea, Nvidia and other industry bigwigs are quietly exploring ways to diversify their supplier...
United Airlines is officially done playing the in-flight Wi-Fi waiting game. The airline just announced it’s stepping on the gas to roll out SpaceX’s Starlink satellite internet across its fleet, promising high-speed, low-latency internet that makes your current “pay $20 to load a single email” experience feel like dial-up circa 1999. (Source: Giphy) In short, the first passenger flight with Starlink-equipped Wi-Fi is set to take off this spring on a Unite...
Just when you thought Michael Saylor couldn’t possibly double down any harder on his Bitcoin obsession, MicroStrategy comes in hot with a plan to raise up to $2 billion through public offerings of perpetual preferred stock. And no, this isn’t some vague “for general corporate purposes” line item. The company straight-up said it: the money’s going to buy more Bitcoin. Because apparently owning 446,400 BTC worth $27.9 billion isn’t enough. (Source: Giphy)...
Forget the movie theater, Rockstar Games is about to remind everyone why video games are the apex predators of the entertainment world. After a decade of teasing, instagram memes, and enough fan theories to rival Avengers Endgame, Grand Theft Auto VI is finally pulling into Vice City. Take-Two Interactive, the parent company behind Rockstar Games, is getting ready for what analysts are calling the biggest entertainment launch of 2025… and maybe ever (sounds a bit like a Trump speec...
Well, well, well… looks like Americans are telling Dave Ramsey to shove his no-new-cars-unless-you’re-a-millionaire mantra where the sun don’t shine. While Ramsey’s out here preaching the gospel of “drive your beater until the wheels literally fall off,” Ford and GM just wrapped up their best sales year since before we started hoarding toilet paper (2019). Ford and GM dropped some encouraging stats on Friday, reporting their best U.S...
Remember when your mom told you that if it’s fun, it’s probably bad for you? Well, she might’ve been onto something. The U.S. Surgeon General just went full “lifeguard blowing the whistle at a pool party” on the alcohol industry, proposing cancer warning labels that left Wall Street staggering like it had one too many at happy hour. European and American booze makers got absolutely hammered on Friday (pun absolutely intended). Jack Daniel's parent company...
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