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š„Sony, Disney, and a $2B Webslinging Question
Plus: SoFiās 10 Million UsersāCan Fintech Keep Growing? š
Hey Everyone, š„
Welcome to your daily dose of markets, money, and the headlines that keep the world spinning. Todayās Cash Nut is packed: a juicy Spider-Man rumor, SoFiās big milestone, a looming energy showdown, and much more. Whether youāre sipping coffee or tackling your to-do list, weāve got the news you need to stay ahead.
Letās dive in! š
šøļø Could Sony Actually Sell Spider-Man to Disney?
A billion-dollar payday for Sony, a superhero boost for Disney, and Wall Street cheering in the backgroundāthis rumor might just stick.
Whatās the buzz? š¤
An internet rumor swirling suggests that Sony might sell Spider-Manās movie rights to Disney. On the surface, itās a win-win: Sony offloads IP theyāve struggled to fully monetize, while Disney gains its missing puzzle piece to supercharge the Marvel Cinematic Universe (MCU).
Why this matters:
Sonyās Spider-Man-related movies have been hit or miss. Sure, Across the Spider-Verse ($681M) and No Way Home ($2B) were golden, but flops like Morbius ($163M) and Madame Web ($100M) tell another story. Even Venom, once their golden goose, dropped to $475M in the final installment.
Meanwhile, Disneyās MCU is missing its web-slinging star. Full ownership would unlock mega crossovers and boost the Avengers franchiseāa synergy Disney could monetize across movies, parks, and merch.
The cherry on top? š
Disney already holds Spider-Manās merch rights. Owning the film rights would turn an MCU revival into profitable fan service. Sony gets paid, Disney fans win, and Wall Street loves the sound of it.
DeFi: Shaping the Future of Finance
Explore how DeFi Technologies Inc. (CAD: DEFI & US: DEFTF) bridges traditional finance and the $3T digital asset market. With innovative strategies and global expansion, DeFi is redefining the investment landscape. Gain exposure to Bitcoin, Web3, and beyond with regulated, secure solutions.
š¦ SoFi Hits 10 Million UsersāIs It Fintechās Golden Child?
A one-stop shop for your money might just be the future. But SoFiās path forward isnāt all sunshine and rainbows.
What happened:
Fintech superstar SoFi officially crossed 10 million users, backed by stellar Q3 2024 results:
Net income: $60.7M (GAAP profitable for the 4th straight quarter)
Revenue: $689.4M, up 30% YoY
Adjusted EBITDA: $186.2M with a 27% margin
Why it matters:
SoFiās aggressive expansionāacross lending, banking, and investingāhas helped it scale profitably where other fintechs have stumbled. Lending alone brought in $238.9M in profit, up 17% YoY.
š Big picture: SoFiās growth reflects the demand for seamless financial platforms, but questions linger about consumer resilience amid a shaky economy. Can they maintain momentum? Stay tuned.
š Bidenās LNG Study vs. Trumpās Fossil Fuel Frenzy
Natural gas prices, climate concerns, and a political showdownāAmericaās energy future is heating up.
The breakdown š:
The Biden administration released a study highlighting potential price hikes from LNG exports, fueling concerns about domestic costs.
Trump, meanwhile, promises to āfrack, frack, frackā and expedite billion-dollar energy projects to slash prices.
But hereās the twist:
Natural gas prices are set globally, not domestically. Even with Trumpās ādrill, baby, drillā plan, prices still depend on OPEC decisions, global supply, and geopolitical shocks.
š Quick facts:
The U.S. produces 103 Bcf/d of natural gas, exporting 12 Bcf/d as LNGāenough to fill 103 giant swimming pools, with 12 shipped abroad.
Bidenās report shows the U.S. can sustain this, but warns of higher prices as exports grow.
š” What to watch: Will Bidenās energy priorities clash with Trumpās pro-fossil fuel policies in 2025?
š» Accenture Crushes Earnings, Raises FY25 Outlook
Big tech consulting, big AI bets, and even bigger revenue wins.
Accentureās Q1 numbers are looking sharp:
EPS: $3.59 vs. $3.42 expected
Revenue: $17.69B (+9% YoY, beating $17.13B estimates)
š Whatās driving growth:
Product segment: +12% to $5.43B
Health & Public Service: +13% to $3.81B
CEO Julie Sweet isnāt holding backā$18.7B in new bookings (including $1.2B tied to generative AI projects) is fueling confidence. Accenture even raised its FY25 growth forecast to 4%-7%.
š”ļø National Security vs. Your Internet Router
Washington has its eyes on TP-Linkāand itās giving off Huawei vibes.
TP-Link routers dominate 65% of the U.S. home-and-office market, up from 33% in 2021. The catch?
The U.S. is investigating potential espionage risks tied to Chinese-made hardware, echoing past bans on Huawei and TikTok concerns.
š Whatās next: Will Washington place an outright ban or strengthen controls? Stay tuned as national security debates rage on.
Savvy Investors Know Where to Get Their NewsāDo You?
Hereās the truth: there is no magic formula when it comes to building wealth.
Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether itās disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.
Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.
And the best part? Itās completely free. Join 1M+ readers and subscribe today.
šļø Other News
š¹ OpenAI's payday bonanza: Current and former OpenAI employees are cashing out up to $10M each as part of a $1.6B tender offer.
š¹ Mega Millions jackpot grows: No winner this weekāthe prize balloons to $760M, the 8th-largest in history.
š¹ EV merger talks: Japanese automakers are discussing a merger to strengthen competitiveness against Chinese rivals.
š¹ Merck bets on obesity pills: The pharma giant signed a $2B deal with Hansoh Pharma to develop new treatments.
š¹ Robinhood goes crypto: With a tenfold growth vision, Robinhood eyes crypto and new trading products for its next phase.
Bits & Bites šŖ
Apple vs. Meta: Apple risks fines of up to 10% of global revenue under EUās Digital Markets Act if it doesnāt comply with new interoperability rules.
Supreme Court on TikTok: The U.S. Supreme Court will decide whether the TikTok ban holds up, with arguments set for January 10.
Micron struggles: Weak Q2 guidance sent Micron shares tumbling.
š¤ Thanks for Reading!
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