AkhenOsiris
Good point here on productivity gains, which is a sensitive topic re: job losses

"My software analyst yesterday mentioned how impactful AI already is, and will be, for productivity and margins going forward (though companies are not incentivized to broadcast this)"

JPM's Kolanovic on island of his own even amongst JPM colleagues

🔹MAG 7 cheaper than the rest of the S&P 493, at only
1.1 PEG ratio
🔹 #AI already impactful for productivity and margins
🔹Productivity gains likely underestimated by
economists

$SPX $SPY $QQQ $NDX - Seth Golden
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AkhenOsiris
$AMZN adage.com/article/digital-ma…
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Hidden Value Gems
Worth paying attention to

👇 $RUT vs $SPY

h/t @TaviCosta
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The Long Investor
$BTC when those laser eyes come back, that will signal the short term top.
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4) EA's Strategic Retrenchment —

Electronic Arts announces cutting 5% of its workforce, sunsetting certain games to fine-tune its portfolio. #EAWorkforceCut
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3) Paramount’s Profit Surprise —

Paramount exceeds profit forecasts despite falling revenues, banking on strong streaming growth to counter ad headwinds. #ParamountEarnings
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2) Okta Beats Odds Post Breach —

Okta surpasses earnings expectations even after grappling with a high-profile security breach, showcasing resilience. #OktaEarnings
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📰 BizToc.com Hourly News Flash

1) Thrasio’s Debt Dilemma —

E-commerce giant Thrasio, once a top Amazon brand aggregator, files for bankruptcy seeking debt relief. #ThrasioBankruptcy
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4) Non-Dom Tax Rules Under UK Scrutiny —

UK Chancellor Jeremy Hunt considers major reforms to non-domiciled taxpayer rules, potentially altering tax landscape for international residents. #UKTaxReform
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3) Google in $2.3B Media Legal Battle —

Axel Springer leads media groups in a massive $2.3 billion lawsuit against Google over alleged digital advertising losses. #GoogleLawsuit
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2) Thyssenkrupp Hit by Cyberattack —

Thyssenkrupp's automotive subsidiary disrupted by a targeted cyberattack, raising questions about cybersecurity in the sector. #ThyssenkruppCyberattack
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📰 BizToc.com Hourly News Flash

1) Apple Shifts Gears from EV to AI —

Apple abandons electric vehicle project, focusing resources on artificial intelligence innovations as predicted by UBS. #AppleAI
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4) Bitcoin's Bullish Breakout —

Bitcoin's price surges past $60,000 for the first time since 2021, reigniting crypto market enthusiasm. #BitcoinSurge #Bitcoin
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3) Bumble Enacts Bitter Split —

Bumble's swiping left on 30% of its workforce as the dating app responds to revenue challenges. #BumbleLayoffs #Bumble
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2) Starbucks Brews Union Talk —

Starbucks might stimulate a new wave of unionization after its labor policy shift caught attention. #UnionWave #Starbucks
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