App Economy Insights
$META Reality check for the Metaverse. 🥽

Zuck is reportedly planning to cut Metaverse spending by up to 30%.

Reality Labs has lost >$70B since 2021.
The new priority? Smart glasses & AI. 🤖 https://t.co/p2CrHgSkXY
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Quiver Quantitative
A new Polymarket account has bet $15K on Trump being TIME's Person of the Year.

They will win $230K if they are correct. https://t.co/sRhRSkWsAC
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Wasteland Capital
With Zuckerberg announcing major cost cuts, we now know the pain threshold he’s willing to subject his $META shareholders & employees to before enough people complain & force him to reverse or do something: A -27% or ~$500bn wealth drawdown.

At least it’s not -77% like in 2022! https://t.co/ksXQzUvjan
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AkhenOsiris
Update:

In 5 weeks $APP:

$550 to $650
$650 to $485
$485 to $687 (current price)

😂😂😂

In 1 month $APP:

$550 to $650
$650 to $485
$485 to $583 (current price)

😂😂😂 - AkhenOsiris
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Quiver Quantitative
JUST IN: A trader on Polymarket has been accused of being an insider at Google, $GOOGL.

They made $1M in a single day from Google search bets.

Look at these bets: https://t.co/iv5aRV5V0J
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App Economy Insights
$NFLX Netflix is currently the leading bidder for Warner Bros. Discovery, according to CNBC.

$WBD Warner Bros. could be on the move again.

Netflix and Comcast only want Studios + Streaming.
Cable would need a spin-off.

The buyer pool is: $NFLX $CMCSA $PSKY

Who do you think ends up with Warner's IP vault? https://t.co/PGkVRndksD - App Economy Insights
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Quiver Quantitative
JUST IN: Representative Emily Randall has signed Rep. Luna's discharge petition to force a vote on a congressional stock trading ban.

Now at 15 signatures. https://t.co/uOHtcF3KNy
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Quartr
If you find yourself going deep on how great companies operate, we want you.

Join us to build Edge into the leading source for business stories. https://t.co/ecY7dIJo6U
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