$UBER has launched an $18 shuttle service from Manhattan to LaGuardia Airport -- with plans to expand to more airports
Source: Shay Boloor on X
Chanel has had remarkable growth in recent years.
In 2023, it generated more revenue than Hermès $RMS.PA and approximately the same amount as Kering $KER.PA and Richemont $CFR.SW, at around $20 billion. The 114 year-old luxury giant is privately owned by the Wertheimer brothers, whose grandfather was a business partner of Coco Chanel. When the CEO, Leena Nair, was asked about an IPO last year, she said: “We’re going to stay a private, independent company. Rumours always float around, but you can put those to rest." Source: Quartr
BREAKING: The number of people working MULTIPLE jobs in the US hit 8.66 million in September, a new record.
This is ~300,000 above the peak seen before the pandemic and ~600,000 above the 2008 peak. Furthermore, the number of part-time jobs has jumped by ~3 million over the last 3 years to a near-record 28.2 million. Concerningly, full-time employment has declined by 1 million since November 2023. Multiple jobholders have been rapidly rising over the last few years as Americans are fighting record-high prices. Millions of Americans are working multiple jobs to afford basic necessities. Source: The Kobeissi Letter
$META is up 70% this year and has soared 550% since bottoming in October 2022
If you invested $10,000 in October 2022, you would have over $65,000 Source: Stocktwits
Satoshi Nakamoto
HBO documentary film maker Cullen Hoback has named Peter Todd, a bitcoin core developer who has been involved with bitcoin since 2010, as who he believes to be the real-world identity of Satoshi Nakamoto. If it is true, it means that this man holds about 1.1m BTC tokens (around $70 billion...) in about 22,000 different addresses. Source: Bitcoin Magazine
Exactly what someone who's Satoshi would say ???
Source: Wall Street Silver
Some wise words to start the day...
Source: AZ Quotes
😱 The shocking chart of the day: Too many goldilongs?😱
Momentum in gold remains powerful, but you are not alone being bullish gold here... The chart below shows CFTC net long minus short position in futures for the Managed Money category. Source: The Market Ear, JPM
