Big news on Wall St

It’s been a minute since teenage Zuckerberg created Facebook in his dorm room. But that hasn’t stopped the middle-aged billionaire dad from trying to entice teens into his metaverse with VR. But according to research, Instagram and Facebook are smelling a lot less like teen spirit.

While Kiwi farmers fight fart tax, cultivated meat is starting to pop up on menus. Singapore has approved lab grown chicken, and meat manufacture giant, Tyson Foods joins a growing number of investors, including Bill Gates, Jeff Bezos and Sergey Brin, backing research into ‘clean meats’.

There’s a new gig in town: revenge travel. This is when the fear of missing out has seen millions of would-be travellers who’ve spent years in lockdown are now furiously booking flights, packing their bags and heading on vacay. The result? Soaring airfares, fuel costs and airline revenue.

The legends of October markets have come back to haunt us, but is the ‘October Effect’ more myth than reality? While the S&P 500 has experienced thirteen 52-week lows this year, October may be a lot less spooky than superstitious minds may think.

Gen Zers are making stacks of cash on TikTok. But it took 99-year-old Aunty Beeb to reveal the vertical video app’s greedy gift-grifting - of refugees. And they’re not the only app taking a big slice of creators’ profit pie. Who else is taking ravenous bite-sized chunks out of creators’ revenue?

Starbucks customers are flying high after a deal with Delta sees the frappé-café-latté drinkers perk up coffee rewards with airpoints. But proving spice ain’t always nice is Dunkin’ Donuts and McDonalds, who went on a snack attack spicing up their menus. But is it enough to keep customers happy?

Autocratic elections and Covid lockdowns may be the least of China’s worries right now as the US and China take the gloves off in the global chip battle. New sanctions may mean US citizens working on Chinese projects could lose their passports in a brain drain that could decapitate China’s chips industry.

It’s Croctober and there seems to be no limit to the imagination by the clever clogs at Crocs. With Fashion.com hailing the iconic footwear as the ‘It’ shoe for ‘22, has the company’s fancy footwork left shareholders dancing in the street?

Elon Musk’s Twitter flip-flop may have hiked the will-he-won’t-he Tesla CEO’s status as a controversial boss, but he may not be the only one. Who else has gained fame for possibly all the wrong reasons? See which frat-pack billionaires appear to play to their own tune.

Most of us probably wouldn’t steal… but turns out more than half of us may have cheated on a subscription service. From Netflix to Amazon, Stitch Fix to gaming, loads of us are dabbling in the global cheating scandal. But which generation seems to have opted out of the cheat’s game?

BP’s getting in on the US’ booming EV market by partnering with Hertz to add to their growing network of charging stations across the US. This adds to their dominance in the UK with their subscription charging model. Has dumping Russian oil helped their bottom line?

Seems all the King’s horses and all the King’s men can’t put the Great British pound back together again. But closer to home, as the US hits a technical recession, the US dollar remains strong. What does it mean Down Under?