Unusual Whales

Kanye West says he asked Donald Trump to be his 2024 presidential running mate

Per NYP: Kanye West says he asked Donald Trump to be his 2024 presidential running mate during a meeting at the former president’s Florida estate this week. The 45-year-old rapper — who has returned to Twitter after he was banned over an anti-Semitic rant — said he traveled to Mar-a-Lago in

Starbucks closes the first store in Seattle that unionized, citing "safety and security incidents"

Starbucks is closing the store in Seattle where employees were the first to vote to form a union in the chain’s home city. A company spokesperson cited safety concerns, saying that “unfortunately, despite several mitigating efforts, safety and security incidents at our Broadway and Denny store have continued to

Buyers now need a six-figure income just to afford a typical home in the US

Nationwide, households need six-figure incomes to comfortably afford the typical home for sale, according to a report by Redfin. Last month, the nation’s home buyers needed to make about $107,000 annually, up from about $74,000 a year earlier, to afford a median-priced home, according to Redfin. That’

SBF to speak at NYT Deal Book Summit

FTX founder Sam Bankman-Fried indicated Wednesday afternoon that he plans to speak during an upcoming New York Times summit. "I’ll be speaking with @andrewrsorkin at the @dealbook summit next Wednesday (11/30)," Bankman-Fried tweeted. The New York Times’ yearly DealBook Summit is slated to take place Nov.

Elon Musk Reportedly Considers a Second Twitter HQ in Texas

Per Fox and The Verge Elon Musk said there are "no plans" to move Twitter's headquarters to Texas like Tesla. However, he said it made sense for the company to be dual-headquartered in California and Texas. Texas governor Greg Abbott reacted to the news on Twitter

JWN Stock Plunged: Here’s What Happened

The Situation Nordstrom Inc (NASDAQ: JWN) shares -- an American luxury department store chain founded in 1901 -- plunged on Wednesday after Q3 net sales fell. As of 12:00 PM, ET shares dropped by 5.72%. The Explanation Nordstrom Inc officially went public in 1971, reaching its largest market

Goldman Sachs Says 'Tech Layoffs Are Not a Sign of an Impending Recession

Per The Washington Post and Goldman Sachs Goldman Sachs economist Jan Hatzius said, "tech layoffs are not a sign of an impending recession," saying the unemployment rate would only rise by 0.3% despite most tech industries losing jobs simultaneously. GS released a report noting economists say there

Fear of Layoffs for Americans is Getting Close to Pandemic-Lockdown Levels

Per Market Watch A New York Feds survey in October showed that 43% of participants expect a higher unemployment rate a year from now. This increased from 39.1% in September. In April 2020, when lockdowns happened, the survey found 47.5% of participants expected a higher jobless rate. The

Tokyo Governor Urges Residents to Wear Turtlenecks to Save on Energy Bills

Per The Guardian Tokyo governor Yuriko Koike said that turtleneck jumpers could help residents reduce energy consumption. In August, Fumio Kishida, Prime Minister of Japan, called for a push to revive the country's nuclear power industry as energy prices soar. In 2011, the Fukushima nuclear disaster was triggered

Meta Announces CICERO — AI Capable of Human-Level Performance in Game that Requires Negotiating

Per Meta Meta announces CICERO, an AI capable of human-level performance in a game called Diplomacy. Diplomacy is a war strategy board game where players must understand motives and perspectives. CICERO uses strategic reasoning, natural language, and machine learning to become an intelligent assistant capable of collaborating with people. CICERO

Meta denies Mark Zuckerberg to resign next year

Meta Platforms spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false. News website The Leak earlier in the day reported that Zuckerberg was set to resign in 2023, citing an unnamed insider source. The report

Golden State Warriors have been hit by lawsuit over FTX’s alleged false advertising

The Golden State Warriors are being sued by a former customer of FTX, who accused the NBA franchise of fraudulently promoting the now-collapsed crypto exchange, Reuters reported. Elliott Lam, a Canadian resident of Hong Kong, filed a lawsuit against the team in a San Fransisco federal court on Monday. According

Jeff Bezos announced 40 grants totalling $123 million to combat homelessness

Per CNN: Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million today. The Amazon founder announced on instagram tuesday that he has recently awarded 40 grants as part of his bezos day 1 families fund initiative,

Student loan repayment pause extended through June 2023 by White House

The White House is extending the pause on federal student loan payments through the end of June 2023 in an effort to "alleviate uncertainty" for borrowers as the Biden administration battles at the Supreme Court to put President Biden’s student loan handout into affect. Biden announced in

API Stock Plunged: Here’s What Happened

The Situation Agora Inc (NASDAQ: API) shares -- a company that provides video, voice, and a live interactive streaming platform through its communication software solutions -- plunged on Tuesday after Q3 announcements. As of 12:00 PM, ET Agora shares dropped by 20.30%. The Explanation Agora Inc officially went

Elon Musk Lost $100 Billion in 2022 as Tesla Shares Drop to Lowest Level in Two Years

Per Bloomberg Elon Musk has lost $101 billion in net worth declining 37.2% YTD for 2022 as Tesla shares drop to its lowest level in two years.  This was more than META's Mark Zuckerberg, who lost 66.6% of his wealth or 83.5 billion during the

Cathie Wood's ARKK Bought 176,945 Shares of GTBC After Price Dropped 31% Since SFB's 'FTX is Fine'

Per Coin Telegraph Cathie Wood's ARK increases its GBTC holdings by purchasing 176,945 shares on Nov 21. This adds to its 273,327 shares bought on Nov 15 before FTX fell apart. This brings its total holdings to 450,272 shares. This comes after Grayscale refused to

Elon Musk Announces No More Layoffs After Twitter Staff Dropped from Nearly 7,500 to 2,700 People

Per The Verge Since Elon Musk's $44 billion acquisition of Twitter, the number of workers has dropped from 7,500 to 2,700 people. The new Twitter CEO held an all-hands meeting with employees, saying the company is done with layoffs and is recruiting for roles in engineering

Elon Musk Asks Employees for Weekly Updates, Saying 'Perhaps Not Unreasonable to Know if Anything was Accomplished'

Per Business Insider In an internal email, Elon Musk asked employees to give updates. The new Twitter CEO said, "it is critical to understand what everyone is working on and who is coding what," noting that it would help them "innovate rapidly." Twitter Engineering signed the

Bankman-Fried's FTX, parents bought Bahamas property worth $121 million

Per Reuters: Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show per Reuters. Most of FTX’s purchases were luxury beachfront homes, including seven

Oregon Governor Kate Brown pardons 45,000 people for marijuana convictions

Per OregonLive: Oregon Gov. Kate Brown announced Monday that she is issuing a pardon for Oregonians who have been convicted of simple possession of marijuana. The pardon is for people convicted of possessing one ounce or less of marijuana, in pre-2016 cases, in which the person was 21 years or

Starbucks is shutting down the first store to unionize in Seattle

Recently, more than 2,000 workers at 112 Starbucks locations across the United States joined the first nationwide strike that lasted one day, in a year-long attempt at unionization. The coffee company owns roughly 9,000 locations in the United States with over 70,000 employees. The Starbucks employees walked

Budweiser will throw a celebration for winning FIFA World Cup country

Per Newsweek: Budweiser will throw a celebration for whichever country wins the FIFA World Cup with the company's massive stockpile of beer Qatar restricted it from selling inside stadiums at the soccer championship. Qatar, which is hosting the soccer tournament, last week reversed its policy surrounding the sale

Elon Musk has fired more Twitter sales staff

Per Bloomberg: Elon Musk laid off more Twitter Inc. workers from the sales side of the social network’s business beginning late on Sunday, further trimming a staff that had already been decimated by cuts and resignations. Last week, Musk had asked workers to commit to his more “hardcore” version

U.S. Senators are urging Fidelity to reconsider its exposure to Bitcoin, especially with regard to retirement plans

US Senators Richard (Dick) Durbin, Elizabeth Warren, and Tina Smith sent a letter to Fidelity on Monday, November 21st, urging Fidelity to reconsider its exposure to cryptocurrencies. Their primary concern is with Fidelity’s inclusion of Bitcoin into some of its 401(k) pension plans. In light of the recent