Mark Zuckerberg had a giant statue of his wife created and installed in their yard
“Bringing back the Roman tradition of making sculptures of your wife,”
No ones been understanding why $chwy been rising so hard every day from $22 or so and now this comes out lol. Largest shareholder gets to sell $500M in shares for the highest price possible utilizing half of chwy’s cash load. How and why they decided to do this and who knew about it to pump the stock to this level (about 2x where it was trading right before its last print) and why the company would still choose to go forward with this ill timed large buyback here is beyond me. Shareholders got fucked and now the company out of firepower. Still have their previous buyback but now will have just 500M cash and same in debt and trades for 30x FCF growing top line 5%… amazing
tech evangelists would make me so much more interested in AI if they kept posting videos of like massive spreadsheets and datasets getting sorted with remarkable speed rather than the grossest 4 second gifs of bad cgi art you can imagine
First Adobe changed their Terms to give themselves a permanent license to any content you produce using their software.
Then they pretended it was a misunderstanding.
Then Adobe gaslit people who pointed out that they are full of BS.
Then they put out damage limitation statements that mean nothing.
I have cancelled Adobe and so should you if you are a creator who has a backbone.
Here is what I have done:
1. Premiere Pro -> Davinci Resolve
This is an upgrade. The software is less clunky and actually works better.
Integration with hardware is better.
No licences. No monthly payments.
I bought the Speed Editor Keyboard that comes with a Resolve license - absolute bargain of a deal.
2. Photoshop -> Affinity Photo
This is also an upgrade. After an hour of getting used to it, Affinity software actually works better.
Image editing and my YouTube workflow are better.
3. Illustrator -> Affinity Designer
Same as above - actually very good software.
***
In the last few years Adobe’s competitors have caught up with and overtaken Adobe.
I was blind to how good the alternatives have become, using Adobe stuff because I was a creature of habit.
Would very strongly recommend trying the alternatives out.
You might surprise yourself… And save a boatload of cash.
The $GME / $AMC saga raises questions about the moral fiber of the industry. One man with a large following has been advocating for a stock for four years and has invested his own money. How is this different from the following practices?
1) For years, banks have issued sell-side research that has influenced buying and selling in securities. This is the primary purpose of that side of the business.
2) For years, hedge funds and financial figures have openly expressed their views and holdings in securities, sparking buying and selling. For example, just last week, Carl Icahn announced he is building a stake in $CZR, which immediately drove the share price higher.
If what this individual is doing is deemed “illegal,” then we must uniformly scrutinize the rest of the industry and categorize similar actions as foul play. Which will never happen because it’s just a part of how free capital markets operate.
The Fed's Senior Loan Officer Survey came out this afternoon and for the most part, it paints of picture on an improving lending environment on both the supply and demand side. Less banks are tightening standards for lending and less are also reporting weaker demand than what they were seeing 2-3 quarters ago.
With respect to C&I lending, while there was a modest pickup in % of respondents tightening standards, there continues to be less respondents increasing spreads for loan rates over cost of funds as well as more respondents suggesting stronger demand for loans
On the CRE front, it seems like a continuation of less respondents tightening standards for CRE loans with more respondents reporting stronger demand. This area doesn't appear to yet be exhibiting the doomsday characteristics that many have been focused on as an area of potential exogenous risk.
Similar trends can be seen on the residential mortgage front where less respondents are tightening standards and more respondents are reporting stronger demand.
Finally on consumer loans, broadly less respondents are tightening standards with an increase in respondents willing to make consumer installment loans.
One soft spot was that there is lower % of respondents indicating stronger demand for consumer loans which gives us further increasing information that the state of the US consumer continues to deteriorate.
All in all, the state of the lending market seems broadly fine and probably on the margin improving, except in the consumer sector. The Fed's view of this data should be that there is no real rush to add accommodation to an economy that continues to show sticky inflation as banks are broadly operating as if things are fine.
https://t.co/2E4S7FmbFF
1/ New #H5N1 pre-print ⬆️ the threat level for the ongoing outbreak in dairy cows.
Researchers found that cow mammary glands contain the same kind of mixed flu receptors seen in pigs.
This mix of receptors is why scientists call pigs "evolutionary labs for flu host switching".
New from @CDCgov and Texas investigators, who say "major knowledge gaps" remain in wake of probe of human H5N1 infection
- investigators were unable to access farm
- no follow up samples from worker or contacts
- no sequences from sick cows at farm
https://t.co/BKEgI9T2R2