Big news on Wall St

Has Netflix made a deal with the Devil or God? Being ghosted by subscribers has seen the once streaming darling channel their millions into a Stranger Things’ upside-down world. 👻 Stranger things are happening much closer to home too, with ‘conservative’ KiwiSaver funds levitating… backwards?

We Kiwis love a 4-day week to hit the surf or snow, tinker in the garage, or Netflix ‘n’ chill. 🏂 So it makes sense that an Aotearoa New Zealand non-profit is leading the world’s biggest 4-day week experiment in old Blighty. Yep, that’s 32 hours on full pay. Wonder what old mate Elon thinks…? 🤔

It’s way harsh being a teenager today without adding totally buggin’ about money into the mix. 🙄 A new study found teens feel like boneheads when it comes to money, and it’s a big problem in New Zealand too, where our schooling system’s marks out of 10 add up to ‘not achieved’. Ugh!

Global air travellers have hit a conveyor belt of woes. ✈️ What does it mean for people who’ve caught the pent-up pandemic travel-bug? And can those clever travel apps that predict the best time to buy flights continue to fly? Turns out, predicting flight patterns right now comes with baggage. 🧳

Are the mavericks of fund management surpassing passive funds? While the scales may have tipped in managed funds’ favour, there’s been a mighty mauling of some and not everyone thinks it’s pawsome. 🐾

She may have tamed Facebook’s frat house but has Sheryl Sandberg left Meta facing a world of fresh doxxing woes? Sandberg was poached from Google to become Zuckerberg’s right hand woman and now she’s joined The Great Resignation. Delve into the legacy of Silicon Valley’s corporate feminist.

Feeling soaked in the cybercrime tsunami? 🌊 From teen masterminds on virtual ram raids, to spending on cyber insurance smashing new records, internet crime’s business is booming. 👩‍💻 But not everyone’s been reaching for multi-factor authentication…

While the world’s battered by inflation, a couple of monster chip manufacturers are oiling up the industry with a fresh batch of gaming chips. But it’s not just chips stacking up, looks like Nvidia’s revenue has levelled up too.

Brands are after Gen Z’s dollar dollar bills, y’all, and it seems like TikTok is making it rain, taking the lion’s share of ad revenue from Twitter and Snapchat. Oh, Snap! 🤏 Meanwhile, in the other generation’s corner, Meta’s tryin’ to make a mountain outta the metaverse but may be fighting an uphill battle. 🏔️

Is Walmart the litmus test to US share market volatility? Or is it simply that people aren’t buying couches and BBQs? Home Depot’s earnings tell a different story. So what’s the dealio? And are the Fed’s interest rate hikes too much, or too little too late?

While high profile celebs have publicly backed crypto, old school investor’s like Charlie Munger, who prefers bricks ‘n’ mortar businesses and called Bitcoin ‘stupid, evil’, have stayed away. Yep, everyone has an opinion. But has crypto’s growth spurt caused, erm, shrinking pains?

It hasn’t been coming up roses here on planet Earth with headwinds hitting home. No surprise people are stargazing as the space race continues to take off. Even beleaguered Boeing took off in a big jet rocket, and Rocket Lab’s shooting for the moon.