- Amazon recovers slightly after a massive market cap loss, but concerns linger over capital expenditures.
- Billionaire investors like Warren Buffett are making surprising moves, including reducing Apple stake and investing in the New York Times.
- Warner Bros. Discovery restarts deal talks with Paramount Skydance amidst Netflix's waiver and competitive offers.
- The economy shows a mix of strong spending and high debt, leading to a perceived 'boomcession' among Americans.
Amazon's Wild Ride, Are We There Yet
Alright, folks, Donkey here, reporting live from... well, my swamp, but I'm keeping an eye on those fancy stocks. Apparently, Amazon took a tumble worse than me trying to ice skate. Lost hundreds of billions! That's more than all the waffles in the world! But they bounced back a bit yesterday, like me after a good nap. Turns out, spending $200 billion makes Wall Street raise an eyebrow or two. Who knew
Buffett's Big Buys and Techy Bye-Byes
So, Warren Buffett, that financial wizard, is playing musical chairs with his investments. He trimmed his Apple stake - say it isn't so - and bought a piece of the New York Times. The New York Times you say. Fancy shmancy. Meanwhile, other billionaires are scooping up Amazon shares, like they're the last donuts at a police convention. Reminds me of that time I saw Shrek fighting for the last onion...layers, people, layers. Speaking of layers, GOP Infighting Threatens to Derail Trump's Tariff Legacy is impacting the market, just like the layers of an ogre. Now, that's a serious situation.
Warner Bros Discovery Drama Unfolds
Grab your popcorn, folks, 'cause the battle for Warner Bros. Discovery is heating up. Netflix is waving waivers and Paramount is throwing offers like confetti at a wedding. Apparently, Netflix wants to make sure shareholders get what they deserve - clarity and certainty. I wish relationships were that simple! Imagine if Fiona just laid out all her ogre-princess needs from the start.
Meta's Mega AI Move with Nvidia
Meta's going all-in on AI, partnering with Nvidia for millions of AI chips. They're building a data center that sounds like something out of a sci-fi movie. It is amazing the advances that technology does.
The 'Boomcession' What in the Name of Shrek is That
Hold on to your hats, folks, 'cause we're in a 'boomcession'. That's when the economy is booming but everyone feels like they're broke. Spending is up, but so is debt. It's like eating a giant turkey leg but realizing you left your wallet at home. People believe that the system is rigged.
Colbert's Comedy Clash
Even Stephen Colbert is stirring the pot, taking a jab at CBS and Paramount. Apparently, they tried to block his interview with some Senate candidate. Sounds like someone needs a Donkey to smooth things over. You know, I'm something of a diplomat myself. I got Shrek and Fiona together, didn't I
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