2022 was the worst year for the stock market since 2008. Anyone remember what happen then? This year is not starting out any better thanks to Apple dipping below $2 Trillion in valuation for its worst
day since June 2021.
The GOP led House of Representatives is having trouble deciding on a Speaker. This is a bit historic since the last time the
majority leader did not get enough votes the first time around was over 100 years ago. The hope is this matter is settled quickly because the Republican controlled House has big plans that include scaling back the IRS expansion, combatting ESG investing, and investigate the origins of Covid.
Tesla cranked out over 400,000 EVs last quarter but its stock continues to plummet because it did not meet its own growth goal for the year and
analyst expectations. A sports analagoy to sum things up...If LeBron averages 33 PPG and wins the MVP but loses in the Finals, then many analysts say that was a bad season, even though he performed phenomenally. The Market is hard to please.
The legalization of Marijuana has led
to an increase in kids finding their parents stash of edibles and eating them causing a 1,375% jump in calls to poison control. in 2017 only 207 such cases were reported, but in 2021 that number jumped to 3,054. THC consumption for kids is a big deal as many ended up in critical care units and may have lasting negative effects.
Generative AI puts fear into teachers, copywriters, and design professionals all at the same time. Scary new AI has the ability to generate images and articles from just a few text prompts. google ChatGPT or DALL-E if you want to learn more. Oh, and the teachers are included in this list because they think generative AI would kill homework.
Uniswap briefly surpasses Coinbase. This is a big deal because Uniswap is a decentralized exchange, meaning it is not owned by a company. The passing was
brief, but this could be an indicator that crypto is trying to get back to its roots, namely decentralization.
Oregon and Colorado have approved psychedelics for recreational use
and John Hopkins says that some of its psychedelic treatments erased
depression systems. If your high, of course you're not depressed, but is that really a solution?
Nuclear Energy has always been the future, even though some are opposed to it because of
greed or fear. Yet, the nuclear future could be inevitable as scientists made a huge breakthrough last month using a nuclear-fusion reaction to generate 50% more energy than what was required to make it. This is all carbon-free power!
Ford sold an F-Series pickup truck every 49 seconds in 2022. That makes the American staple truck the bestselling vehicle in the US for the 41st year in a row.
After a historic winter storm caused Southwest to cancel over 15,000 flights, the pain for the Dallas based airline is not over. The whole fiasco is going to cost Southwest more than $700 million in payouts to customers and lost revenue.