- Short Squeez
- Archive
- Page 69
🍋 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.
🍋 Gen-Z's Flex Life
It looks like the luxury market is getting a fresh injection of youth, with a new report showing that millennials and Gen Z are driving growth in the industry. According to a report from Bain & Co, these young, wealthy shoppers are expected to make up a third of the luxury market by 2030.
🍋 Egg-nomics 101: Mooning Egg Prices
Egg prices are starting to crack a little bit as demand for the breakfast staple starts to falter - more and more Americans say the breakfast staple is out of their budget. But despite all of the memes and public outrage, egg prices are still up nearly 60% from a year ago.
🍋 Sweetgreen Down Bad
Looks like finance bros might have to start brown-bagging it. Those of us that work in central business districts like Midtown/Financial District in New York and the Loop in Chicago are in for a rough ride, as more and more of their beloved business lunch spots are closing their doors.