marketexplainer

Explained: Alternative Twitter App, Gettr, Fires Everyone

Getter, another dumb Twitter clone echochamber for boomercons is a sinking ship despite being bankrolled by a exiled Chinese Billionaire: https://www.washingtonexaminer.com/policy/gettr-fired-it-and-cybersecurity-teams-amid-financial-problems Home

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Explained: Peloton Circles The Drain

Peloton, the struggling maker of overpriced exercise equipment for the mistresses of Hedge Fund managers, is leaking rumors that Nike or Amazon want to buy it to prop up the stock long enough to get sold: 1. https://www.reuters.com/business/peloton-draws-interest-potential-suitors-including-amazon-wsj-2022-02-04/ 2. https://www.theverge.com/2022/2/8/22923480/peloton-severance-package-membership-layoffs Home

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Explained: Meta Platforms Makes History Again

Meta Platforms made history! Largest one-day drop in value in the history of the stock market! The public does not have faith in the metaverse future. https://www.cnbc.com/2022/02/03/facebooks-232billion-drop-in-value-sets-all-time-record.html Home

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Explained: The New York Times is Acquiring the Viral Game Wordle

NYT steps in and buys viral game Wordle and this will probably kill its popularity https://www.hollywoodreporter.com/business/digital/new-york-times-buys-wordle-1235084614/ https://www.MarketExplainer.com

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Explained: Sony Responds By Buying Bungie

In 1 week, Danny was proved right and Big Man is wrong, again. Sony is buying video game maker Bungie https://www.engadget.com/sony-buy-bungie-destiny-studio-180905449.html https://www.MarketExplainer.com

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Explained: How a Cruise Ship Evaded Arrest

Cruise Ship skips out on fuel bill https://www.cnn.com/2022/01/24/business/crystal-cruise-arrest-warrant-miami-bahamas/index.html https://www.MarketExplainer.com

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Explained: Spotify and It’s Joe Rogan Problem

Very old artists that no one listens to leave the streaming service Spotify because the world’s most popular podcaster interviewed 2 scientists: https://www.cnet.com/tech/services-and-software/covid-misinformation-prompts-joni-mitchell-to-leave-spotify-after-neil-young-did-same/ https://www.MarketExplainer.com

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Explained: Why Microsoft is Spending $69 Billion on Blizzard/Activision

Micro-Soft to bets big on gaming with acquisition of Blizzard/Activision: https://www.barrons.com/articles/microsoft-buys-activision-blizzard-wall-street-analysts-51642538942?tesla=y https://www.MarketExplainer.com

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Explained: Another Multi-Billion Dollar American Chip Factory

Another billion dollar chip factory is coming to America: https://www.theverge.com/2022/1/22/22895447/intel-ohio-chip-fab-manufacturing-cpu-processor-explained https://www.MarketExplainer.com

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Explained: Why 5G is Causing Flight Cancellations

5G DOOM: https://www.cnn.com/2022/01/18/business/airline-cancellations-5g/index.html https://www.MarketExplainer.com

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