Charts

WEN$7.86+25.66% is down roughly 80% from its highs. Today, it went up because a Reddit group started discussions about making it the next meme stock. How wild is that..

"Wendy's was surging on Wednesday after several users on Reddit's WallStreetBets subreddit called for retail investors to buy shares in the struggling fast-food chain." - George Glover

Reminds me of this image:

COIN$150.11-5.10% - Ascending Channel breakdown and retest. This is usually the confirmation, great time to add to shorts.

News

1. Mark Zuckerberg Directed Meta to Create a Prediction Markets App (NYT) META$557.67-0.81%
2. Meta designs its own glasses in the race for your face (MB) META$557.67-0.81%
3. Midjourney, the AI image generator, is developing a full-body ultrasonic scanner (engadget) BFLY$7.77+1.30%
4. Midjourney said last week that it’s developing a machine capable of creating a detailed 3-D map of your body in under 60 seconds while you’re submerged in a pool with tiny sensors. Shares of Butterfly Network, the company behind the tech that will power Midjourney’s scanner, have jumped 35% since the announcement last week:
5. Massachusetts-based Butterfly makes handheld ultrasound devices powered by cutting-edge computer chips at a fraction of the cost of more traditional, bulky ultrasound machines.
6. It expects to reap as much as $74 million in the next five years from Midjourney’s quest to make a cheaper MRI-imaging alternative.
7. AI models capable of devastating attacks on governments and business months away, rare Five Eyes statement warns (theguardian)
8. Fable 5 relevance, and general OpenAI / Anthropic planned IPOs
9. Applebee's viral 'Dollaritas' are returning this July. Here's when (usatoday) DIN$30.00+1.90%
10. Consumer sentiment is at an all-time low, and stores are pulling out all stops
11. Eager to work, teens find a frustrating summer job search (GroundNews)
12. Direct quote reflects my thoughts: "don't see the value in hiring someone without any experience," as artificial intelligence and minimum-wage laws discourage hiring teens.

Food For Thought

GOOG$345.04-0.30%

Source: https://www.statista.com/chart/30685/highest-earning-online-creators

META$557.67-0.81%

Source: https://www.statista.com/chart/36348/share-of-us-respondents-with-the-following-opinions-behaviors-concerning-ads-and-marketing Source: https://www.statista.com/chart/22744/market-size-number-of-agencies-in-influencer-marketing-worldwide