Useful and Famous - Ep 68

Recorded Live on 11/15/2022 Subway is replacing workers with machines. Smartest decision theyve made since hiring Jared: https://www.cnn.com/2022/11/14/business/subway-grab-and-go-fridges/index.html A little late to the party?: https://www.al.com/life/2022/11/mike-tyson-evander-holyfield-team-up-for-holy-ears-an-edible-cannabis-product.html Another billionaire promises to give away his wealth…waiting for the real reason: https://www.axios.com/2022/11/14/jeff-bezos-give-away-124b-fortune-climate-change The FTX well gets deeper: https://deadspin.com/ftx-s-collapse-cost-a-who-s-who-of-pro-athletes-sport-1849781199

Recorded Live 11-09-2022 1. Meta is laying off more than employees than Elon and no one cares  a: https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html   b: https://fortune.com/2022/11/08/elon-musk-twitter-paywall-could-sound-the-death-knell-experts-warn/   2. Nice. Apple can afford it: https://www.nbcnewyork.com/news/national-international/former-apple-employee-admits-to-defrauding-tech-giant-of-17-million-over-seven-years/3933835/    3. Paper wealth is taking a beating this season: https://finance.yahoo.com/news/sam-bankman-fried-no-longer-014407946.html 4. Carvana: The Scam that keeps getting more awesome  a: https://jalopnik.com/carvana-s-stock-has-sunk-98-percent-since-its-peak-1849756828   b: https://www.kbb.com/car-news/tesla-finds-a-workaround-for-state-laws-dealerships-on-tribal-lands/   5. Poor Tax Prize of $2B delayed drawing… a Republican must have won? https://www.cnn.com/2022/11/08/us/powerball-lottery-record-delayed-drawing-tuesday-trnd

Recorded Live 10-31-2022 LET THAT SINK IN - Elon closes Twitter deal. First time in Market Fire history we were wrong. Last time also: https://www.theverge.com/2022/10/29/23430332/elon-musk-twitter-reportedly-ordered-company-wide-layoffs; https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription ; https://uk.finance.yahoo.com/news/jack-dorsey-bluesky-social-app-twitter-050005805.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr ; https://www.tmz.com/2022/10/28/twitter-layoffs-hoax-pranksters-trick-media-outlets-pose-fired-employees-elon-musk/ Bing was useless, but if Microsoft pivots it into an online graphics creators suite powered by AI, it can actually make it mean something: https://www.windowscentral.com/software-apps/bing/dall-e-2-ai-image-generation-is-coming-to-microsoft-bing#:~:text=Microsoft%20has%20announced%20a%20new%20feature%20coming%20to,image%20based%20on%20keywords%20entered%20by%20the%20user ; https://www.cnet.com/tech/services-and-software/microsoft-launches-ai-powered-graphic-design-app-and-more Great balls of fire, the fake deli man has a more than one VERY REAL shell company: https://www.cnbc.com/2022/10/26/100-million-nj-deli-defendant-makes-2500-a-month-from-shell-company.html There are conflicting reports that Paypal ‘accidentally’ added this and removed it, and added it back: https://bitcoinmagazine.com/business/paypal-fines-up-to-2500-for-intolerance-bitcoin-fixes-this

Recorded Live 10-26-2022 Bloomberg: Musk Tells Bankers He Plans to Close Twitter Deal on Friday: https://www.bloomberg.com/news/articles/2022-10-25/musk-tells-debt-bankers-he-plans-to-close-twitter-deal-on-friday Rent is staying wild fam: https://www.bloomberg.com/news/articles/2022-10-25/nyc-is-priciest-for-us-rents-while-boston-passes-san-francisco?utm_source=twitter&utm_medium=social&utm_campaign=twitter-moments&utm_content=wealth Ye lost Billionaire status. Is this all a brilliant ploy to get out of his contracts and own his brand?: https://www.cnbc.com/2022/10/25/adidas-terminates-partnership-with-ye-following-rappers-antisemitic-remarks.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1666694220 $150M Hamptons home comes up for sale; because there wont be a recession for billionaires: https://www.cnbc.com/2022/10/06/inside-a-150-million-hamptons-summer-home-for-sale.html?utm_content=Main&utm_medium=Social&utm_source=Twitter#Echobox=1666009808

Recorded on 10/21/22 Patagonia’s Founder says he is giving up ownership to help fight the climate crises. Pretty sure its a tax avoidance scheme - https://www.cnn.com/2022/09/14/business/patagonia-ownership/index.html ; https://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit?utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business&utm_source=twitter Super Genius Elon Musk - https://www.cbsnews.com/news/report-elon-musk-plans-to-cut-75-of-twitter-workforce/ Collecting McDonalds Adult Happy Meal Toys - https://www.cnbc.com/2022/10/19/mcdonalds-collectible-adult-happy-meal-toys-are-selling-for-thousands.html Twitter debates if Cheesecake Factory, Red Lobster and Olive Garden are actually good - https://www.newsweek.com/internet-debates-are-red-lobster-olive-garden-chain-restaurants-actually-good-1742240 

Recorded on 10/17/22 Ye is buying Parler - https://www.cnn.com/2022/10/17/tech/kanye-west-ye-parler/index.html Elon wants to Turn Twitter into X - https://www.nytimes.com/2022/10/06/technology/elon-musk-x.html Genius entrepreneur cuts catalytic converters to pay warrants - https://wreg.com/news/local/man-tells-police-he-was-stealing-catalytic-converters-to-pay-warrants/ Liquid Death is worth $700M. It's just water. In a can. How? - https://adage.com/article/marketing-news-strategy/liquid-death-water-now-valued-700-million/2438046

Check us out: https://www.MarketExplainer.comBig Man Gear: http://www.bigmangear.comAvenue Lucky: https://www.avenuelucky.com--- GrubHub screws over restaurants, runners and people that like food deliveries: https://www.buzzfeednews.com/article/kelseyweekman/grubhub-free-lunch-nyc-promo-chaos VW hopes to endear American hearts with a Scout reboot: https://www.cnn.com/2022/05/11/business/vw-scout-suv/index.html Tiktok will own your eyeballs on your phone: https://www.theverge.com/2022/5/19/23131385/tiktok-gaming-tests-livestream-zynga-html5-bytedance Netflix tells employees to leave if they cant stand being awesome: https://finance.yahoo.com/news/netflix-tells-employees-quit-dont-181825013.html --- Want to see cherubic faces? Subscribe here: https://www.youtube.com/channel/UCs064wPGEUetnd06egSPN8w --- https://www.twitter.com/MarketExplainer https://www.facebook.com/MarketExplainer https://www.linkedin.com/company/MarketExplainer

Check us out: https://www.MarketExplainer.com Big Man Gear: http://www.bigmangear.com Avenue Lucky: https://www.avenuelucky.com --- Wow! Facebook is getting into podcasting! JUST KIDDING! Its quitting after a year: https://www.theverge.com/2022/5/3/23054848/facebook-shutting-down-podcast-hub-simplifying-audio-services AirBNBs popularity begins to grow because of dumb hipsters: https://www.cnn.com/2022/05/03/tech/airbnb-first-quarter-earnings/index.html Think new cars are expensive now? Wait until all the features are subscriptions: https://www.carscoops.com/2022/05/gm-thinks-the-average-car-buyer-will-pay-135-per-month-in-subscriptions/ Becoming a Real Estate Agent is officially a meme: https://fortune.com/2022/05/02/real-estate-agent-career-popularity-coldwell-banker-ceo/ --- Want to see cherubic faces? Subscribe here: https://www.youtube.com/channel/UCs064wPGEUetnd06egSPN8w --- https://www.twitter.com/MarketExplainer https://www.facebook.com/MarketExplainer https://www.linkedin.com/company/MarketExplainer

https://www.MarketExplainer.com Patreon: https://www.patreon.com/MarketExplainer Big Man Gear: http://www.bigmangear.com Avenue Lucky: https://www.AvenueLucky.com --- In a massive move to own eCommerce, Amazon will bring prime to any website: https://www.cnet.com/news/amazon-is-taking-prime-delivery-beyond-its-own-website/ HOAs accidentally do something good for once: https://www.foxbusiness.com/real-estate/property-report-homeowner-groups-seek-stop-investors-buying-houses-rent Carvana Founders are taking it between the back two pockets: https://finance.yahoo.com/news/billionaire-father-son-team-behind-141718344.html Following Up: Elon buys twitter: https://www.cnbc.com/2022/04/27/elon-musk-just-bought-twitter-now-what.html, CNN+ shuts down: https://www.cnn.com/2022/04/21/media/cnn-shutting-down/index.html, The former Activist short-seller Bill Ackman lost $430MM going long on Netflix: https://variety.com/2022/digital/news/bill-ackman-sells-netflix-stake-loss-1235237715/ --- Want to see cherubic faces? Subscribe here: https://www.youtube.com/channel/UCs064wPGEUetnd06egSPN8w --- https://www.twitter.com/MarketExplainer https://www.facebook.com/MarketExplainer https://www.linkedin.com/company/MarketExplainer

https://www.MarketExplainer.com Patreon: https://www.patreon.com/MarketExplainer Big Man Gear: http://www.bigmangear.com Avenue Lucky: https://www.AvenueLucky.com --- After the close of the Warner/Discovery mega merger, CNN+ has failed: https://www.axios.com/discovery-cnn-plus-marketing-layoffs-jobs-b088c03c-b202-4756-8f5f-e64ee77b5095.html The Twitter drama continues as Verizon Media buyer wants their pound of flesh: https://www.wsj.com/articles/apollo-global-considers-participating-in-bid-for-twitter-11650313013 Inverse Cramer strikes again! Netflix loses subs for the first time!: https://www.reuters.com/technology/netflix-subscribers-fall-first-time-decade-forecasts-more-losses-2022-04-19/ It's happening! Taco Bell's Mexican Pizza returns!: https://thetakeout.com/taco-bell-s-mexican-pizza-is-returning-and-we-finally-k-1848800432 --- Want to see cherubic faces? Subscribe here: https://www.youtube.com/channel/UCLOwdGY5vjd6tBp62y6of6A --- https://www.twitter.com/MarketExplainer https://www.facebook.com/MarketExplainer https://www.linkedin.com/company/MarketExplainer