Unusual Whales

Shaquille O’Neal has been served in an FTX class action lawsuit

Shaquille O’Neal has been served in an FTX class action lawsuit. "I wanted you to know the good news that we just served personally Shaquille O'Neal outside his house in Atlanta," Adam M. Moskowitz, the attorney leading the lawsuit, said in a statement. "The

Elon Musk went on BBC to discuss Twitter, and things got heated

Running Twitter has been "quite painful" and "a rollercoaster", Elon Musk has said. Things are going "reasonably well", Mr Musk told the BBC, stating that usage of the site is up and "the site works". The workload means that "I sometimes

Elon Musk has said he sees a path to $250 billion valuation of Twitter

Elon Musk has said he sees a path to $250 billion valuation of Twitter. Twitter employees are now being also reportedly offered stock awards based on the company's valuation of $20 billion. This was less than half of Elon Musk's buying price, but despite that, the

Elon Musk has said "Various government agencies effectively had full access to everything that was going on Twitter, including to the users' direct messages"

Elon Musk has said "Various government agencies effectively had full access to everything that was going on Twitter, including to the users' direct messages." This week as well, Elon Musk has created a new artificial intelligence company called X AI that is incorporated in Nevada, per WSJ.

California will spend $30 million to build 1,200 tiny homes to help solve its homeless crisis

California will spend $30 million to build 1,200 tiny homes to help solve its homeless crisis. The 120-square-foot properties can be assembled in just 90 minutes and will be connected to electricity - though they will not have plumbing, water or cooking appliances. 'We need to focus

Macron has signed the pension reform raising pension age from 62 to 64

Macron has signed the pension reform raising pension age from 62 to 64. It happened hours after France's top constitutional body cleared the change. The Constitutional Council rejected opposition calls for a referendum - but it also struck out some aspects of the reforms, citing legal flaws. Following the

Anheuser-Busch’s CEO has written an apology regarding ongoing controversy, stating: “We never intended to be part of a discussion that divides people… We are in the business of bringing people together over a beer.

Anheuser-Busch’s CEO has written an apology regarding ongoing controversy, stating per NYP: “We never intended to be part of a discussion that divides people… We are in the business of bringing people together over a beer.” Yesterday it was announced Bud Light owner Anheuser-Busch is reportedly pausing

Montana lawmakers have passed a bill blocking downloads of TikTok

Montana lawmakers have passed a bill blocking downloads of TikTok. The bill, SB 419, makes it illegal for app stores to give users the option to download the app and also illegal for the company to operate within the state. TikTok as well as Apple and Google, which operate mobile

Burger King is selling more Whoppers than ever before

Burger King is selling more Whoppers than ever before, per CNBC. “What’s happened in the last six months is that sense of ‘We’re in this together’ that we have with our franchisees. I think it’s unique in the business, and I think that differs from what you

Elon Musk has created a new artificial intelligence company called X AI that is incorporated in Nevada

Elon Musk has created a new artificial intelligence company called X AI that is incorporated in Nevada, per WSJ. Elon Musk is planning an AI startup rival to Open AI, per FT. Elon Musk is said to be moving forward with an artificial-intelligence project within Twitter, after recently purchasing

France’s Constitutional Council clears President Emmanuel Macron’s plan to raise the retirement age to 64 from 62

France’s Constitutional Council clears President Emmanuel Macron’s plan to raise the retirement age to 64 from 62. France raised the age at which workers can enjoy full retirement pensions with special exemptions given to those who started working before they turned 20 in January. The change is expected

78% of Americans do not feel confident that life for their children’s generation will be better than their own, the highest percent ever

78% of Americans do not feel confident that life for their children’s generation will be better than their own, the highest percent ever, per WSJ. The poll also found 65% of Americans were most likely to describe inflation as a major financial concern. That was followed by housing, at

US housing may see a 2008-style correction as 20% of the market could be mispriced

US housing may see a 2008-style correction as 20% of the market could be mispriced, DeltaTerra's Capital Dave Burt has said per CNBC. Meanwhile, Reuters said: The US housing market isn't going to see a 2008-sized crash. Analysts expect home prices to decline by

Americans will have to live with high prices for years, BlackRock, $BLK, has said

Americans will have to live with high prices for years, BlackRock, $BLK, has said. "We think the 'politics of inflation' narrative is on the cusp of changing," strategists wrote in a note Monday. "The cycle of rapid rate hikes will stop without inflation being back

Real Estate

Sales of multi-tenant apartment buildings dropped 74%, reaching a new record since 2009

Per WSJ The real estate market has taken a massive hit as sales of multi-tenant apartment buildings dropped by 74%. The report shared that this happened as the demand for these buildings declined. The report also shared different reasons why sales of multi-tenant apartment buildings dropped. It highlighted

openai

Nobel Prize-winner Christopher Pissarides says ChatGPT could open the doors to a four-day week

Per Fortune The four-day workweek has recently been the topic of discussion for some companies as a recent study yielded positive results. Now, Nobel Prize-winner Christopher Pissarides said that ChatGPT could open the door to the four-day week. Pissarides gave his thoughts on adopting artificial intelligence in

moneywise

Moneywise compared gold vs. the US dollar's purchasing power, finding the latter losing 98% of its power since 1971

Per Moneywise Moneywise released a report discussing the dollar's dominance and sought to answer the question as to whether the US dollar was replaceable or not. The report compared gold vs. the US dollar, finding that the latter lost 98% of its purchasing power since 1971. The article

richest

The richest 1% owns two-thirds of the new wealth created, owning more than the other 99% of Americans

Per CNBC The richest 1% of Americans own more stocks compared to the bottom 99%, with the richest snatching up two-thirds of new wealth created since 2020. Last year, the richest 1% took two-thirds of new wealth, with one-third distributed among the bottom 99%. At the start

blackrock

Blackrock expects Americans to have to live with higher prices for years

With the rising prices of most goods, Blackrock expects Americans to have to live with these high prices for years to come. The firm's strategists also expect not to be able to meet its inflation targets. Previously, the Fed announced its plans to bring inflation down to just

Twitter now supports tweets up to 10,000 characters

Twitter now supports tweets up to 10,000 characters. They said: We’re making improvements to the writing and reading experience on Twitter! Starting today, Twitter now supports Tweets up to 10,000 characters in length, with bold and italic text formatting. Sign up for Twitter Blue to access these

Amazon, $AMZN, is attempting new measures to get customers to return fewer of their online orders, including charging a fee to return items to UPS stores

Amazon, $AMZN, is attempting new measures to get customers to return fewer of their online orders, including charging a fee to return items to UPS stores. Amazon will start charging customers a $1 fee if they return items to a UPS store when there is a Whole Foods, Amazon Fresh

Brazil’s president Luiz Inácio Lula da Silva has called on developing countries to work towards replacing the US dollar with their own currencies in international trade

Brazil’s president Luiz Inácio Lula da Silva has called on developing countries to work towards replacing the US dollar with their own currencies in international trade. China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary. "The expectation

A former $META recruiter says she was paid $190,000 per year to do nothing

A former $META recruiter says she was paid $190,000 per year to do nothing, per WSJ. Career strategist Madelyn Machado posted a video on TikTok titled “Getting paid $190k to do nothing at Meta." “We weren’t expected to hire anybody for the first six months, even the

The average cost to raise a child to 17 is now $310,605, up more than $26,000 from a previous estimate made in 2017

The average cost to raise a child to 17 is now $310,605, up more than $26,000 from a previous estimate made in 2017, per Bloomberg. There has been an increase in parents using their savings to help their adult children (people aged 18 and up). This data came

25% of college graduates don’t make more than the typical high school grad

25% of college graduates don’t make more than the typical high school grad, per Bloomberg. Americans with a college degree saw wages decline the most in two decades, per Bloomberg. In 2022, median annual pay was $52,000 for Americans with a bachelor’s degree, according to data released