Hello CEO,

While you were busy growing your empire…

1. 📈 Takeovers Are Trending

Corporate takeovers in the US have already totaled $139 billion in October so far. That’s triple the volume of last year. Part of that is the massive purchase of Activision Blizzard by Microsoft, but there’s also been action in the oil and gas sector… Read more here.

2. 💬 Companies Feel Pressure Of War

As the Isreal-Hamas war continues, there’s been mounting pressure on companies to find the right messaging. Some CEOs and companies have already faced major backlash. Experts say there’s no benefit in rushing to say something… Read more here.

3. 📊 Charts: Bond Yield’s Impact

US Treasury Yields have surged and consumers are feeling the impact. The bond yields impact borrowing costs, and we’re seeing that in mortgage rates, personal loans, delinquencies, and credit card interest rates. It also means savings will dwindle… Read more here.

4. 🤖 OpenAI’s Valuation Grows

OpenAI is set to see its valuation hit $80 billion, making it the third most valuable startup in the world. That will put it ahead of Stripe and Shein, and just behind TikTok owner ByteDance. Even as VC funding slows, AI is still attracting interest… Read more here.

5. 🐦 Twitter Is Shrinking Under Musk

X, neé Twitter, has lost about 13% of its daily active users since Elon Musk took over. Rather than current events, X is prioritizing other uses with its algorithm, fundamentally changing its purpose. Threads, meanwhile, has yet to take advantage of the gap… Read more here.

Produced by: @MarketingMax​

Thanks for being an important part of my journey 🙂