Plus: Meta drops a CapCut competitor, the sector poised for a 2025 M&A boom, and Kevin O'Leary's secret to saving TikTok.
Plus: Amex fined for marketing violations, LeBron-advised investors seek $5B for new basketball league and a last-ditch effort to save TikTok.
Plus: Quantum stocks plunged, Delta ended its partnership with Lyft switching to Uber, eBay will join Facebook marketplace, and Yellen says the Covid stimulus caused inflation.
Plus: All United flights are getting Starlink by spring, Microsoft will spend $80B on AI data centers, Rivian met 2024 vehicle production target, and Amazon's NFL bet is paying off.
Plus: Hindenburg started 2025 with a bang, calling Carvana "A Father-Son Accounting Grift For The Ages" and NYC singles say it takes $1,000 to tell if you actually like someone.
Plus: S&P 500 posted back-to-back 20% gains (all banks got it wildly wrong), NY congestion pricing begins Sunday, and 2025 will be the year of the office influencer.
Plus: VC firms are seeing higher partner turnover, Nissan and Honda's $58B merger, Container Store filed for bankruptcy, and Squid Game 2 drops on Dec 26.
Plus: Barclays boosting bonuses by 20%, Grammarly bought Coda, Americans under 40 are richer than ever and miserable, and you can call and text ChatGPT now.
Plus: Nvidia enters correction territory, Fed expected to announce one final rate cut tomorrow, Bitcoin moons above $107k, and the inexpensive watch with Rolex DNA.
Plus: Number of American millionaires keeps soaring, SpaceX's valuation is also mooning, jumping $100B in less than a month, and Citi promoted 344 managing directors.
Plus: Tech stocks are booming. Bitcoin hit $100k in a 50% post-election rally, and Simon & Schuster employees are upset with the Grinch (KKR) for canceling their Christmas party.
Plus: U.S. theaters smashed records, Elon teased a Hasbro acquisition, Biden pardoned son Hunter, and 5 things to buy before tariffs take effect.