Happy Friday CEO!

While you were busy growing your empire…

1. 🤖 Microsoft Hits All-Time High

Microsoft’s stock hit an all-time high solely on the back on OpenAI-related optimism for the future of all of its business units. Analysts seem particularly interested in Microsoft’s ability to promote it’s Azure cloud business for building AI applications, maybe coming after Nvidia a bit. Read more here.

2. 🏁 BMW Says No Thanks To Racing

Racing to the bottom that is… Car brands and dealers alike are cutting pieces on tons of EV units to try and resurge the decreasing demand for EVs. But BMW has “no interest” in an EV race to the bottom. Read more here.

3. ☀️ Climate Change Hurting Everyone

Climate Change is hurting more than Mother Nature. It’s causing serious issues to housing market affordability rates thanks to extreme weather. Not to mention, home insurance companies are scrambling on what to do and competion isn’t coming to save the industry. Read more here.

4. 🙈 More Americans Tapped Into 401k

There’s an increasing number of Americans who feel cash-strapped and are tapping into emergency funds, such as their 401k, to make ends meet. Makes sense it’s before the holidays too… Read more here.

5. 🌁 Dreamforce Stays in SF

One of the largest business conferences in the world, Salesforce’s Dreamforce conference, agreed to stay in SF after Salesforce CEO Mark Beniff threatened to move it after a large increase in homeless issues arose over the last few years. See you in SF next summer I guess? Read more here.

Produced by: @MarketingMax​

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