Author: Nick & Jack Studios

Blue Apron was sold to Wonder for $100M — The problem? That’s 95% lower than the mealkit compay’s peak valuation. We found out why.

The S&P 500 fell by 5% in September — We found the quintuple whammy of economic worries that explain it.

And luxury car brands are moving from car sales to condo sales — Because the cure for a commodity is a brand.

$APRN $SPY $DRPRY $VWAPY $AML

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The newest and fastest-selling product at Costco? 1 oz gold bars — Because gold is the financial emergency survival kit for money.

Microsoft is hiring for a surprising new role — Microsoft needs someone to build its own nuclear power plant. 

And Levi’s outgoing CEO has one major regret: He wishes he’d fired *more* people — Because you should “fire fast and hire slow.”

$GOLD $COST $LEVI $MSFT 

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Tomorrow is the last day you can order a DVD from Netflix — For 10 years Netflix was just DVDs, then it made a brilliant pivot… by putting the DVD people in another building.

Detroit is known for making cars, but now for politics too — Because in 2024, EVs are on the ballot.

And ChatGPT is talking to the designer of the iPhone to make a physical thing — Pretty soon, you may be chatting to a “chatpod”.

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The surprise reason Lululemon enjoys consistent 20% growth every quarter? Cause it’s selling to moms and daughters *and* grandmas — Because Lulu prioritizes function over fashion.

Amazon was just sued by the FTC and 17 states for running an illegal monopoly — But the biggest challenge to this lawsuit… is the law.

Yelp is cracking down on what we’re calling “faux-star reviews” — It’s a fake review Hall of Shame.

$LULU $YELP $AMZN

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Hasbro’s Nerf brand was essential to our childhood, so it’s opening its 1st ever Nerf theme park — Because great brands are like a rubberband… they can strettttch.

The writers have reached a tentative deal with Hollywood (spoiler: Sources say it’s fantastic for the writers) — Now the other strikers will pull a Meg Ryan and ask “I’ll have what she’s having.”

And Spotify just launched a feature that translates podcast hosts into different languages — It can translate words, but can it translate chemistry?

$HAS $SPOT $DIS $NFLX

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Since the writers’ strike began, you’ve been watching reruns (Suits, Seinfeld, and Wheel of Fortune) — the Hollywood Strike has been bad for TV, but great for everything else. 

How did Snapchat hit 5M paying subscribers? It’s because Snapchat is like a telephone — and every other social media is like a phonebook.

And Deion Sanders just caused one sunglass startup to experience a $5M sales surge — Because the best PR is personal.

$NFLX $SNAP

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Elon’s musk’s most secretive startup (Neuralink) is moving to human trials — It’s connecting humans to computers to save the world from robots. 

The most influential media mogul of his era, Rupert Murdoch, is retiring from Fox News, News Corp, and more — It’s Succession, but in real life.

And Walmart is adding vet clinics to its stores — Because Walmart’s done trying to be like Amazon.

$WMT $AMZN $NWSA $TSLA

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No, you’re not crazy. Songs are getting shorter — Because artists aren’t writing music for fans, they’re writing for Spotify’s algorithm.

The Fed thinks interest rates will stay high through the end of 2024 — Which is why renting is the clear winner right now.

Dollar General is the biggest retail chain in America with more stores than Walmart and McDonald’s combined — But Dollar General also has the worst job in America.

$SPOT $DG

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Natural Cycles just got FDA approval for hands-free birth control — Simply by wearing an Apple Watch, this app tells you when you’re fertile.

Disney is struuuuggling right now, so it’s splurging $60B on its most profitable business: theme parks — We call it “The Mickenomic Stimulus Plan.”

And Elon just said he will require all users to pay a small monthly subscription to use X (aka Twitter) — That’d make it the first major social network behind a paywall.

$AAPL $DIS $NFLX 

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Instacart is the rare tech company IPO’ing with a profit — Because Instacart has pivoted from Silicon Valley to Madison Avenue.

Twelve years ago, San Francisco gave every Kindergartner a college savings account — It’s not an investment, it’s a manifestement. 

And the UAW auto workers strike has 1 big demand: A 40% raise — So we did the math on whether a 40% raise is reasonable or not.

$CART $F $GM $TSLA

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