Altria Secures the Juul Bag
According to an administrative law judge, Altria did not break anti-trust laws with its acquisition of Juul back in 2018. The WSJ reported the breaking news on Tuesday, pointing to … Read More
Author: Yuppie Capital
The Metaverse Is Dumb
First things first, there is no “Metaverse”. It feels like there exists a giant misconception that there is one singular space in which a virtual reality world exists, dubbed the … Read More
The Rare Earth Metal Conundrum
Rare earth metals have become increasingly important throughout the 21st century as they are crucial in the use of emerging technologies, such as computer processors, fiber optics, hard disk drives, … Read More
Zillow Offers Loses $881 Million in 2021
According to the company’s annual statement, The soon to be closing segment of Zillow Group ($ZG), Zillow Offers, lost the company $881 Million in 2021. Zillow came out of left … Read More
Americans Simply DGAF; 2021 Household Debt Up $1T
Auto loan originations and mortgages made up the bulk majority of U.S. household debt in Q4 2021, and the year as a whole. Total household debt increased $333 Billion in … Read More
Affirm Tweets & Deletes…And Then Pukes
An intern at Affirm has likely seen better days, after tweeting “Another great quarter in the books…” Which really wasn’t a total lie. They did have a great quarter, just … Read More
BUCKLE UP, JANUARY CPI PRINT IS IN
The U.S. Bureau of Labor Statistics posted the January CPI on Thursday morning, and surprise surprise it was absolutely heinous. January CPI grew 0.6% from the month prior, and jumped … Read More
Trade Deficit Up 1.8% in December, 27% in 2021…Wowzer
In stunning fashion, but no surprise to anyone, the trade deficit widened even further in December of 2021. The U.S. Census Bureau and the U.S. BEA reported the goods and … Read More
PushinPETH: Not P
According to an XXL article, Rapper Gunna has recently come under fire for promoting a crypto scam where he was allegedly promoting his own “crypto metaverse” (haven’t heard that one … Read More
Musk Gets Subpoena’d…Again
The SEC issued a subpoena to Tesla according to the company’s regulatory filing. The SEC wanted information on the “governance processes around compliance” in relation to the infamous 2018 tweet … Read More