Unusual Whales

Chile will nationalize the country's lithium industry

Chile will nationalize the country's lithium industry, the world's second largest producer of the metal essential in electric vehicle batteries, to boost its economy and protect its environment, per Reuters. State copper giant Codelco, the world’s No.1 producer of the metal, will be initially

META

Meta class action lawsuit results in $725 million settlement for users that had Facebook accounts between May 2007 and Dec 2022

Per CNBC The result of a class action lawsuit against Meta was a settlement worth $725 million for users with Facebook accounts between May 2007 and Dec 2022. Despite the settlement, Meta did not admit to any wrongdoings. The lawsuit was in regard to the relationship of the social media

moderna

Moderna and IBM partnership to put AI and quantum computing into mRNA vaccine tech

Per Forbes Moderna is teaming up with IBM to bring new tech to mRNA vaccine technology. The partnership attempts to explore using artificial intelligence and quantum computing in its future medicines. A recent company announcement included the statements of Moderna CEO Stéphane Bancel regarding their excitement regarding the partnership. The

americans

Almost 60% of Americans 45 and older expect their retirement savings to reach less than $500,000

Per Market Watch Most Americans aged 45 and older were now expecting their retirement savings to fall short of $500,000. To be specific 59% of them expected less than half a million in retirement savings. Schroders' head of U.S. defined contribution, Deb Boyden, gave a comment on

deloitte

Deloitte to let go of 1,200 US workers

FT Deloitte is joining the growing list of companies that are letting go of workers in the US. Recently, the company told its staff that it would be letting go of around 1,200 US workers. Recently, Deloitte's competitors, KPMG and EY, have also decided to let go

millennials

The number of millennials planning to rent forever has gone up

Per Bloomberg The number of millennials that aren't looking to buy homes and plan to rent forever has increased. Three years ago, the number was just one in seven, but now, it is nearly one in four. This came from a survey by Apartment List, which showed how

Joe Biden is potentially looking to formally launch his reelection campaign next week

Joe Biden is potentially looking to formally launch his reelection campaign next week. Biden’s aides have planned for the possibility of making a video announcement to coincide with the anniversary of his previous campaign launch, per Bloomberg. “I’ve already made that calculus, we’ll announce it relatively soon,

About 28 million Americans plan on buying a home in the next 12 months

About 28 million Americans plan on buying a home in the next 12 month. For the fifth year in a row, about 8 in 10 Americans (83%) say buying a home is a priority for them, according to a NerdWallet survey. One in 9 (11%) Americans plan on buying a

The US announces a new package of weapons for Ukraine valued at as much as $325 million

The US announces a new package of weapons for Ukraine valued at as much as $325 million, per Bloomberg. In March, the Pentagon announced another $350 million in military aid for Ukraine. The Kremlin previously released warnings about the West getting involved with the conflict in Ukraine. Notably, the Pentagon

Cathie Wood's $ARKK team released their latest $TSLA, Tesla price target: $2000 per share in 2027 $5 trillion valuation

Cathie Wood's $ARKK team released their latest $TSLA, Tesla price target: $2000 per share in 2027 $5 trillion valuation. On April 14th, 2022, they said: ARK’s updated open-source Tesla model yields an expected value per share of $4,600 in 2026. The bull and bear cases, tuned

zillow

Zillow posts national median sales price of all homes at $334,269

Per Zillow The Zillow Home Values Index (ZHVI) shared how the average US home value was up by 5.0% over the year, and sat at $334,269. Per a previous article by Market Watch, it was noted by home values fell the most in three housing markets since 2022.

billionaires

The number of US billionaires reached over 700, growing by 60% from a decade ago, per Oxfam

Per Market Watch A recent study by Oxfam revealed that the number of US billionaires grew to over 700. This came as a 60% increase from just a decade ago. The report highlighted how this was due to an inflow of trillions of dollars of pandemic wealth, which was injected

google

Google employees fear that their company is cutting corners to compete with ChatGPT

Per Bloomberg Google employees have expressed their fears regarding the company, saying it was cutting corners as it was trying to compete with ChatGPT. A worker even concluded that Google's AI solution, Bard, was a "pathological liar." This came as an employee found Bard giving bad

americans

28 million Americans plan to buy homes within 2023

Per Market Watch A report from Market Watch shared the state of Americans when it came to wanting to buy property. The study found that 28 million wanted to purchase a home within the year. The data came from Ned Wallet's annual Home Buyer Report, which tackled how

marianne

Marianne Williamson says the top 1% of Americans accumulated $50 trillion in wealth transfer from the bottom 90% over the last 48 years

Marianne Williamson on Twitter US Presidential candidate Marianne Williamson recently went on Twitter about wealth transfer. In her tweet, she noted how the top 1% of Americans accumulated wealth over the last 48 years. Williamson talked about how over the past 48 years, the top 1% took $50 trillion of

disney

Disney could downsize its entertainment division by eliminating 15% of its workforce

Per Bloomberg News has started to spread of how Disney could downsize its entertainment division by eliminating 15% of its workforce. This came from people that were familiar with the matter and the company declined to comment on the news. In February, the company said that it wanted to eliminate

americans

70% of Americans say they are financially stressed, with over half of US adults saying their stress has increased since before the pandemic

Per CNBC 70% of Americans have revealed that they were feeling financially stressed. Out of the participants that said they were stressed, it was found that over half of them were already stressed before the pandemic. 52% of US adults said they were stressed before the pandemic. The report also

openai

OpenAI posts rewards of up to $20,000 for users to find ChatGPT bugs

Per Forbes OpenAI has posted a reward for users if they can assist the company in improving its ChatGPT tool. The company is offering up to $20,000 if the users can find bugs in the software. The company wants users to find glitches and security issues within the AI

millennial

Millennial renters need to save 50% more than homeowners to retire

Per Global News A new report trying to find out the retirement readiness of Canadians found that millennials that decide to rent for their whole careers would need to save more than those that own homes. It was found that millennial renters needed to save 50% more than their homeowner

finance

Almost half of the opposite-sex marriages see women earning equal or more than their husbands

Per CNN Women in opposite-sex marriages are starting to earn almost as much or more than their husbands. However, it was found that in 55% of those marriages, men still outearned women as the primary or sole breadwinners. In marriages where the husband outearns their wife, the husband takes home

White House economist Bernstein has said that there is 'some evidence' that China wants to see the US dollar weaken as international reserve currency

White House economist Bernstein has said that there is 'some evidence' that China wants to see the US dollar weaken as international reserve currency. Recently, at end of March, China and Brazil reached a deal to trade in their own currencies, ditching the US dollar as an intermediary.

If ChatGPT's technology replaces software engineers, India would be impacted the most

If ChatGPT's technology replaces software engineers, India would be impacted the most as it has the most coders, with over 5 million. In January it came out that $AMZN employees were already using ChatGPT One employee said that the Amazon Web Services cloud unit to test the AI&

Southwest Airlines, $LUV, confirmed all flights have been grounded across the U.S

Southwest Airlines, $LUV, confirmed all flights have been grounded across the U.S as of the morning. This was a temporary problem. “We have had to implement a ground stop as a result of intermittent issues that were experienced, and we should hopefully be resuming our operation as soon as

Gary Gensler seems as though he cannot answer if Ethereum is a security in hearing

Representative Warren Davidson has introduced legislation to remove SEC Chairmen Gary Gensler He said: To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority

Representative Warren Davidson has introduced legislation to remove SEC Chairmen Gary Gensler

Representative Warren Davidson has introduced legislation to remove SEC Chairmen Gary Gensler He said: To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority