- Short Squeez
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- Page 71
🍋 When Wall Street meets the Dance Floor
Goldman Sachs CEO, David Solomon, is trying to have it both ways - running a financial powerhouse by day and spinning sick beats by night as his alter ego, DJ D-Sol. Some investors are starting to think his DJ gigs are bringing unwanted attention to the bank.
🍋 AI Stonks Are Back
AI is here to stay, and ChatGPT is poised to be one of the biggest disruptions since the likes of Google or Facebook. However, in the short term, investors should proceed with caution. Despite the potential for short-term growth, many AI companies are still unprofitable and investors should do their due diligence before jumping in.
🍋 Self-Checkouts Down Bad
A new study found that self-checkouts rose from 18% in 2018 to 30% last year. And some retailers like Walmart, Kroger, Dollar General, and Albertson’s are jumping on the bandwagon and testing out full self-checkout stores. But some economists say that despite being touted as a way to cut costs, save time, and prevent theft, it seems the machines have done the exact opposite.
🍋 The Accountant Who Shorted the Market
Last week, Gautam Adani was ruling the financial world as the third richest man on the planet, with a vast empire of Indian conglomerates under his control. But it seems like Hindenberg Research, a tiny investment firm in New York, may have sent Adani's empire tumbling down like a house of cards.
🍋 The Dark Side of Self-Driving Cars
Looks like the future of self-driving cars is about to hit the gas pedal on carbon emissions - and not in the way we hoped. Researchers from MIT found that the energy required to power just the computers on a global fleet of autonomous vehicles could generate as much greenhouse gas as all the data centers in the world.
🍋 New Remote Work Spot
It seems Tulsa, Oklahoma is the new hot spot for remote workers looking to stretch their paychecks further. The city's 'Tulsa Remote' program is offering $10,000 to those willing to pack their laptops and head to the Sooner State. And it looks like the offer is too good for some to pass up - reports show that over 2,000 people have already taken advantage of the program and are now living the good life in Tulsa.