(Michael Blackshire/Getty Images) |
Catching a show at Cosm Los Angeles |
|
|
Keep the change: a dime minted in 1975 just sold for over $500K at auction. Clearly it wasn't a dime a dozen. Stocks ticked up yesterday as investors geared up for another busy earnings week. Alphabet is set to kick off Big Tech earnings today with AI investments commanding the spotlight. |
|
|
Watching the grand-slam walk-off… from the digital dugout. Immersive-tech company Cosm announced a deal yesterday with the NFL to air the biggest nights of football. Cosm broadcasts "shared reality" live sports events on a 360-degree LED dome that mimics prime seating (think: sideline or end zone). With the NFL deal, Cosm can produce and air Thursday, Sunday, and Monday Night Football for the rest of this season. This summer Cosm opened locations in LA and Dallas. In the next five years, it hopes to open more venues and expand internationally. |
- Full roster: Cosm's scored broadcast deals for the NBA, MLB, NHL, and both US national soccer teams. In January it signed a deal with NBC to bring Premier League soccer, horse racing, and Big Ten football to its venues.
|
All in on immersive… VR headsets have not gone mainstream, but immersive IRL experiences are gaining traction. Las Vegas' Sphere, the concert venue that displays skyline-sized ads, has made headlines for stunts like a 366-foot chicken Big Mac. The inside is an immersive wraparound high-def LED screen to complement concerts and sporting events. Last month, the Sphere hosted the highest-grossing UFC event, earning $22M in ticket sales from a sold-out crowd. Now Sphere Entertainment, the biz behind the venue, plans to open a second location, in Abu Dhabi. |
|
|
Seein' is believin'… With live entertainment prices at record highs, immersive-screen experiences like the Sphere's U2 concert film and Cosm's sports showings can offer an appealing alternative to shelling out for floor seats. Cosm said its broadcast of Game 1 of the World Series sold out in seven minutes. |
|
|
A new shade of smart… BestBuy recently unveiled a new addition to its smart home lineup: Smart Shades. Less than 10% of windows are currently automated — and the Smart Shade market is projected to see double-digit growth for the next decade. That's where RYSE is well-positioned to become an industry leader. Up-and-coming… Having already seen the potential (and popularity) of Smart Home brands including Nest and Ring1, BestBuy opted to roll out RYSE's Smart Shades in 120+ retail stores. Now, RYSE is looking to follow in their footsteps. With $9M+ in lifetime revenues2 and over 60,000 lifetime units sold, there's still significant room for growth as they capitalize on increasing demand for its patented tech. Learn how you can invest in RYSE at just $1.75/share.3 2 The company's lifetime is 9 years. |
|
|
A new shade of smart… BestBuy recently unveiled a new addition to its smart home lineup: Smart Shades. Less than 10% of windows are currently automated — and the Smart Shade market is projected to see double-digit growth for the next decade. That's where RYSE is well-positioned to become an industry leader. Up-and-coming… Having already seen the potential (and popularity) of Smart Home brands including Nest and Ring1, BestBuy opted to roll out RYSE's Smart Shades in 120+ retail stores. Now, RYSE is looking to follow in their footsteps. With $9M+ in lifetime revenues2 and over 60,000 lifetime units sold, there's still significant room for growth as they capitalize on increasing demand for its patented tech. Learn how you can invest in RYSE at just $1.75/share.3 2 The company's lifetime is 9 years. |
|
|
Ask Meta AI anything… Meta doesn't want to have to keep responding with "Sorry, I can't help you with this request." The social-media leader is developing its own search engine, The Information reported. Meta already has an AI chatbot embedded into apps like Insta and WhatsApp, but it's said to rely on Google and Bing to address questions that it can't answer on its own (like current events). By creating its own search engine, Meta would be less dependent on Google and Bing owner Microsoft, both major AI rivals. |
- Meta last week also teamed up with Reuters to use its news content to answer Meta AI queries, suggesting it wants to become a destination for real-time info.
|
Just ChatGPT it… Google's become synonymous with searching the web, but it's facing existential competition as more people use AI bots like ChatGPT as search engines — despite Google and Bing both trying to integrate more AI into their results (see: Google's AI overviews). Adding to its problems, Google's faced criticism around the quality of its search results and its search-market dominance. In August, a judge ruled that Google broke the law to become a search monopoly (it controls about 90% of the market). |
|
|
Everyone's searching for an AI edge… Microsoft did it by partnering with OpenAI, and Meta's doing it by leveraging its social platforms. While it's a newcomer to search, it has 3B+ daily users — a massive built-in audience to push its chatbot tool to. Zuckerberg said in August that Meta AI already had 185M weekly users, meaning it's catching up to ChatGPT (OpenAI recently said its bot had 250M weekly users). |
|
|
The magnitude of the AI-enabled boom caught analysts off guard, but Nvidia's earnings beats have gotten smaller in the past year. Read more. |
|
|
- JPMorgan Chase began suing customers who took advantage of a viral "infinite money" glitch that allowed them to withdraw cash from an ATM before a check bounced.
- McDonald's will put Quarter Pounders back on its menu after tests showed no traces of E. coli in its beef patties (onions appeared to be the likely culprit).
- A record 47% of Americans aged 12 and over reported listening to a podcast in the past month, as popular hosts interview the POTUS candidates.
- Boeing's offering stock to raise up to $22B as it tries to avoid a cash crunch during halted production. 33K of its factory workers have been on strike for six weeks.
- Apple's AI-infused iOS 18.1 update went live for its latest iPhone models (the 15 Pros and all the 16s).
|
|
|
- Household name: With their Smart Shades product on the shelves of 120+ Best Buy stores already, RYSE is aiming to become the next big thing in the billion-dollar Smart Home industry. Learn about investing in RYSE.3
|
|
|
- S&P Case-Shiller home-price index
- Consumer confidence
- Job openings
- Earnings expected from PayPal, BP, Pfizer, McDonald's, Royal Caribbean, JetBlue, Crocs, HSBC, Novartis, Phillips 66, Penske, Xerox, AMD, Alphabet, Chipotle, Snap, Visa, Reddit, Mondelez, and Caesars Entertainment
|
Authors of this Snacks own shares of: Alphabet, AMD, Apple, Comcast, Microsoft, Nvidia, Reddit, Snap, and Visa |
Advertiser's disclosures:
1 The performance of other companies is not necessarily indicative of the prospective returns of RYSE, Inc. Past performance is not a guarantee of future results. 3 This is a paid advertisement for RYSE's Regulation A+ Offering. Please read the offering circular and related risks at: SEC website.
Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. |
|
|
Was this email forwarded to you? Love what you're reading? Don't miss out on future stories — subscribe to Snacks and get your daily dose of financial news straight to your inbox. |
|
|
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
|
|
|