(George Frey/Getty Images) |
|
|
A mother sued Mattel for that time it printed the wrong URL on boxes of "Wicked" dolls. Instead of going to the movie's page, it directed buyers (including the plaintiff's child) to a spicy site. Since the snafu, the adult site has seen a spike in searches (#popular). The techy Nasdaq surged to a fresh record yesterday, as did bitcoin, which eclipsed $107K. Investors have eyes on the Fed's interest-rate meeting tomorrow. |
|
|
All in on folding… Apple's been busier than usual. The tech icon is said to be planning foldable devices, including a bendy iPhone with a larger screen than the 16 Pro Max. Another gadget, designed to function as a laptop, will feature a foldable 19-inch screen that rivals the size of some desktop monitors. Plus, sources say Apple's working on a slimmer (non-foldable) iPhone with a simplified camera that'll retail for less than Pro models. The new tech could roll out as soon as 2026. |
- In the fold: Apple will be competing with rivals like Samsung, which already offers foldable models like the Galaxy Z Flip and Z Fold. But sales of Samsung's new Fold 6 were reportedly underwhelming.
- Fold over: The foldable-smartphone market grew 49% in the first quarter, driven by newer entrants like Motorola and China's Huawei (which overtook Samsung as the top foldable phone seller in May).
|
Not phoning it in… After two straight years of declines, global smartphone sales rebounded as companies debuted cheaper models and devices packed with AI. In October, Apple reported that iPhone sales ticked up for the first time in two quarters, driven by genAI-infused updates. Still, analysts said presales for the AI iPhone 16 models were lower than sales for the 15's launch (genmojis haven't saved the day). Apple may be trying to climb out of its rut with fresh devices like foldables, which make up less than 2% of the smartphone market. |
|
|
More options can unlock more appeal… By offering more designs and price points, Apple could inspire customers who've been slow to upgrade or Android users looking for a more familiar feel. The strategy's worked before: after Apple came out with the larger-screen Plus category, in 2014, its iPhone 6 models sold in the millions right out of the gate. |
|
|
Bit by bit… Diversify your portfolio with Bitcoin exposure, wherever you invest. Grayscale's Bitcoin Mini Trust ETF (ticker: BTC) is one of the most affordable1 ways to gain exposure to Bitcoin through your existing brokerage account (though brokerage fees may still apply). That's right — you don't need a separate crypto wallet like you would to hold actual Bitcoin. You can invest in BTC the same way as any ETF. For the crypto-curious… Grayscale is a great place to start. They've been offering exposure to crypto through familiar investment vehicles for over a decade. Today, they offer a suite of over 20 different funds covering Solana, Filecoin, Chainlink, and others for investors to choose from. Type BTC on your preferred investment platform to check out the Bitcoin Mini from Grayscale. Think crypto, invest Grayscale.2 Grayscale Bitcoin Mini Trust ETF ("BTC"), an exchange traded product, is not registered under the Investment Company Act of 1940 (or the '40 Act) and therefore is not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds. |
|
|
Bit by bit… Diversify your portfolio with Bitcoin exposure, wherever you invest. Grayscale's Bitcoin Mini Trust ETF (ticker: BTC) is one of the most affordable1 ways to gain exposure to Bitcoin through your existing brokerage account (though brokerage fees may still apply). That's right — you don't need a separate crypto wallet like you would to hold actual Bitcoin. You can invest in BTC the same way as any ETF. For the crypto-curious… Grayscale is a great place to start. They've been offering exposure to crypto through familiar investment vehicles for over a decade. Today, they offer a suite of over 20 different funds covering Solana, Filecoin, Chainlink, and others for investors to choose from. Type BTC on your preferred investment platform to check out the Bitcoin Mini from Grayscale. Think crypto, invest Grayscale.2 Grayscale Bitcoin Mini Trust ETF ("BTC"), an exchange traded product, is not registered under the Investment Company Act of 1940 (or the '40 Act) and therefore is not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds. |
|
|
Unboxing a strike… Unionized Amazon workers want a contract, and they're using the company's peak shipping season as a bargaining chip. On Friday, 5.5K warehouse employees and delivery drivers serving New York City voted to authorize a strike against Amazon. While authorization doesn't guarantee a work stoppage, it boosts the odds of one with just over a week before Christmas. |
- Wish list: Amazon's union, which joined the 1.3M-strong Teamsters union this summer, is demanding wage hikes, safer working conditions, and added job security. Amazon hasn't formally recognized the union (awkward).
|
Cartful of problems… While Amazon's unionized workforce is a tiny fraction of its 800K front-line US workers, if it wins a sweetened contract, it could quickly spur more warehouse unionization (and work stoppages). A holiday strike would be the latest in a string of negative labor headlines for Amazon. |
- Safety problems: A Senate investigation published on Sunday found that Amazon manipulated warehouse-injury data, ignored internal safety recommendations, and discouraged injured workers from getting outside medical care.
- Corporate conflict: Amazon's also facing pushback from its corporate staffers, who are required to return to the office five days a week beginning next month. 73% of employees are said to have considered quitting because of the mandate.
|
|
|
Timing is strength… By threatening to strike during Amazon's peak sales season, the union is maximizing its leverage. Timed labor actions have become a key move for US unions this year. The New York Times' tech guild walked out on a day before the presidential election. Airline unions connected to United and American authorized strikes ahead of the record Thanksgiving travel week. And the brief East Coast dockworker strike in September was timed to upend the holiday-shopping supply chain. |
|
|
Hess trucks remain one of the hottest Christmas toys on the planet, delighting children and fueling a rabid collectors' market. Read more. |
|
|
The Ultimate Power Move: 500% Sales Growth. $114B Market Projected by 2032. 48 Hrs Left. |
Tired of power outages sabotaging your WFH game? While others go dark, Paladin Power keeps everything from your EV to your battle station humming strong. With 500% sales growth3, Paladin is uniquely positioned to be a leader in the projected $114B energy storage market. Invest in Paladin: Only 48 hours left to secure up to 40% off.4 |
|
|
The Ultimate Power Move: 500% Sales Growth. $114B Market Projected by 2032. 48 Hrs Left. |
Tired of power outages sabotaging your WFH game? While others go dark, Paladin Power keeps everything from your EV to your battle station humming strong. With 500% sales growth3, Paladin is uniquely positioned to be a leader in the projected $114B energy storage market. Invest in Paladin: Only 48 hours left to secure up to 40% off.4 |
|
|
- UnitedHealth Group CEO Andrew Witty called US healthcare "flawed" as he addressed the killing of insurance head Brian Thompson.
- SoftBank CEO Masayoshi Son said the Japanese investment giant would spend $100B in the US during POTUS-elect Trump's term in office.
- Enterprise-software biz MicroStrategy bought more bitcoin to add to its $45B BTC stash ahead of joining the Nasdaq 100, which it's set to do next week.
- Honeywell may be known for home appliances like dishwashers, but it also operates an aerospace biz that it's considering selling off to streamline operations.
- WHP is said to be closing in on a deal to buy wedding-dress maker Vera Wang, expanding a retail portfolio that includes Bonobos, Toys "R" Us, and Rag & Bone.
|
|
|
- Think crypto, invest Grayscale. If you're ready for crypto, Grayscale offers more than 20 different crypto funds. Explore the product suite at Grayscale.com, or search Grayscale in your investment account today. Investing involves risk and possible loss of principal.2
|
|
|
- Fed meeting begins
- Retail sales
- Homebuilder confidence
- Earnings expected from Amentum
|
Authors of this Snacks own bitcoin and shares of: Amazon and Apple |
Advertiser's disclosures:
1 Lowest cost is based on gross expense ratio at .15%. 2 Please read the prospectus carefully before investing in the Trust. Foreside Fund Services, LLC is the Marketing Agent for the Trust. Investing involves significant risk, including possible loss of principal. The Trust holds Bitcoin; however, an investment in the Trust is not a direct investment in Bitcoin. As a non-diversified and single industry fund, the value of the shares may fluctuate more than shares invested in a broader range of industries. Extreme volatility, regulatory changes, and exposure to digital asset exchanges may impact the value of Bitcoin and, consequently, the value of the Trust. Digital assets are not suitable for an investor that cannot afford the loss of the entire investment. There is no guarantee that a market for the shares will be available, which will adversely impact the liquidity of the Trust. The value of the Trust relates directly to the value of the underlying digital asset, the value of which may be highly volatile and subject to fluctuations due to a number of factors. There is no certainty that an active trading market for shares will develop or be maintained which will adversely affect the liquidity of shares of the Trust. 3 Paladin generated over $2M in sales in 2024, marking over 500% year-over-year sales growth. Paladin launched their product in 2023. 4 The up to 40% discount requires a minimum investment of $2500. To reach the 40% discount, you must invest $25000 and be a customer of the product. This is a paid advertisement for Paladin Power's Regulation CF offering. Please read the offering circular and related risks. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. |
|
|
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 |
|
|
|
