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- đ From Amazon's auto takeover to trillion-dollar airlines
đ From Amazon's auto takeover to trillion-dollar airlines
Plus: AI rivals take cloud wars nuclear.
đĽHello Readers!
â¨Brew your coffee and crack open those walletsâitâs time to dive into the dayâs juiciest stories. From Amazon zooming into car sales to airlines cruising past a trillion in revenue, hereâs your daily dose of headlines.
This Smart Home Company Hit $10 Million in Revenueâand Itâs Just the Beginning
No, itâs not Ring or Nestâitâs RYSE, the company redefining smart home innovation, and you can invest for just $1.75 per share.
RYSEâs patented SmartShades are transforming how people control their window shadesâoffering seamless automation without costly replacements. With 10 fully granted patents and a pivotal Amazon court judgment safeguarding their technology, RYSE has established itself as a market leader in an industry projected to grow 23% annually.
This year, RYSE surpassed $10 million in total revenue, expanded to 127 Best Buy locations, and experienced explosive 200% month-over-month growth. With partnerships in progress with major retailers like Loweâs and Home Depot, theyâre set for even bigger milestones, including international expansion and new product launches.
This is your last chance to invest at the current share price before their next stage of growth drives even greater demand.
đ Amazon Hits the Gas: Launches Online Car Sales
Amazon is officially taking on car dealerships with its latest venture, Amazon Autos. On Tuesday, the e-commerce giant launched its online car marketplace in 48 US cities, starting with Hyundai. Hereâs what makes it a big deal:
Customers can now browse, finance, and purchase new cars onlineâno dealership visit required.
Amazon will handle trade-ins, secure financing, and even offer e-signatures for paperwork.
Expansion plans for 2025 include more automakers, leasing options, and financing tools.
For dealerships? Time to buckle up. With Amazon in the driverâs seat, the online car-buying revolution just shifted into high gear.
đ¨ Cruise Employees âBlindsidedâ by GMâs Robotaxi Shutdown
GM just pulled the plug on Cruiseâs driverless dream. In a surprise Slack message on Tuesday, CEO Marc Whitten announced that GM will stop funding its robotaxi program. Hereâs where things hit the brakes:
Cruise will now merge into GMâs existing autonomous efforts, focusing on driver-assistance features and personal vehicles.
Employees were stunned. Many had been working toward a 2025 launch of driverless services in Houston.
Job security? Still unclear, leaving workers in limbo as Cruiseâs roadmap takes an unexpected detour.
GMâs move signals a sharp pivot, leaving the future of robotaxis hanging in the balance.
â Airlines Ready for Takeoff: Revenue Set to Hit $1 Trillion
The airline industry is flying high againâand then some. According to the International Air Transport Association, airlines are expected to rake in over $1 trillion in revenue in 2025, a first in history. Hereâs the itinerary:
5 billion passengers will take to the skies next yearâa record-breaking figure.
The pandemicâs turbulence is now behind us as global travel demand continues soaring.
Profit turbulence persists: Supply chain issues and rising costs are clipping airlinesâ margins.
One thingâs for sure: Thereâs no shortage of pretzels and overpriced WiFi coming your way.
âď¸ Google vs. Microsoft: AI Cloud Wars Go Nuclear
Google wants the U.S. government to break up Microsoftâs cloud partnership with OpenAIâand theyâre not being quiet about it.
Google claims Microsoftâs exclusive deal forces cloud customers onto its servers, potentially hiking costs.
The request comes amid an FTC investigation into Microsoftâs business practices.
This highlights an intensifying tech rivalry as both companies battle for AI dominance.
TL;DR: When it comes to AI, the cloud is where the thunder is.
đ Other News You Canât Miss
đ° Walgreens Going Private? The struggling pharmacy giant is reportedly in talks to sell itself to Sycamore Partners. Once valued at $100 billion, Walgreens has now fallen to just $7.5 billion. Sycamore might sell off parts of the business, similar to its playbook with Staples.
đŞ Micron Bags $6.2B: The Biden administration is giving Micron a $6.2 billion subsidy to boost semiconductor production in New York and Idahoâa big win for Americaâs chip industry.
đ Ad Revenue Tops $1 Trillion: Digital ad spending is smashing records, with Google and Meta tightening their grip as the ruling ad-tech giants.
đ AMDâs Lisa Su: CEO of the Year: Time Magazine crowned AMDâs Lisa Su as CEO of the Year for turning the company aroundâfrom near bankruptcy to a 50x stock surge and an AI industry leader.
đ Googleâs $20B Sustainability Push: Google announced a massive $20 billion investment into clean-energy industrial parks to power AI data centers sustainably.
đĄ Target Gets Personal with AI: Targetâs new Bullseye Gift Finder uses AI to recommend personalized toys based on kidsâ ages and interests, making holiday shopping smarter.
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đ Must-Reads
đ° Entrepreneur: Half of Americans are juggling side gigs, reshaping the traditional work-life balance in a gig economy.
âď¸ Gizmodo: Harbor seals are natureâs ultimate chillersâpicking the perfect iceberg for lounging with unmatched strategy.
đ¤ RetailWire: From Cardi B to BTS, celebrity fast-food collabs are a recipe for successâbut is it loyal fandom or just quick hype?
đ Wall Street Highlights:
Spotifyâs $100 billion rally.
Wall Street bets big on build-to-rent homes.
Apollo eyes $25 billion for its flagship private equity fund.
Intel faces scrutiny from TSMCâs founder.
Juan Sotoâs massive Mets contract: The bold business behind the deal.
đ Thanks for Reading, Cash Nutters!
Thatâs your morning fuel for today. Whether youâre cruising into the office, booking flights, or dreaming of your next side hustle, the world isnât slowing downâand neither are we.
Catch you tomorrow for more headlines, insights, and your daily dose of Cash Nut crunch. đđ