Wednesday, Nov. 22nd

No-fluff news for busy CEOs

Happy Wednesday CEO!

While you were busy growing your empire

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We’ll be out the rest of the week for the holiday. We’re very thankful to have you along for the ride 🙂 Happy Thanksgiving everyone!

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1. 🎁 Holiday Spending Already Started

It’s not even Black Friday yet but holiday shopping is already off to a strong start — consumers have already spent $63.2 billion online, a 5% increase from a year ago. Black Friday is now a month-long event. Read more here.

🎙 Heard Em' Say

"I would argue 70% of people don't get news from newsletters ... so I actually think the market is very nascent altogether."

Check out CEO @MarketingMax's newest podcast episode on Apple, Spotify, or Youtube.

2. 🤷‍♂️ Sam Altman Returned To OpenAI

The latest chapter in the OpenAI saga is that Sam Altman has been reinstated as CEO. We wouldn’t blame you if the whole thing has given you whiplash, so this link tells the timeline of all the events. Read more here.

3. 🤖 Grok Will Launch Next Week

xAI’s chatbot Grok has a more specific release date. X Premium+ subscribers will have access sometime next week. Elon Musk described Grok as edgy and “rebellious” compared to other AI bots. Read more here.

4. 📈 Stocks Climbed, Oil Dropped

US stocks rose today ahead of Thanksgiving amid a drop in jobless claims and other factors. Oil prices also fell, which is welcome news for holiday travel. Read more here.

5. 🤑 US Cracked Down On Crypto

As if the crypto world didn’t have enough troubles, US officials are wielding their power in a show of force against crypto crime. These are the five biggest takeaways you should know. Read more here.

Bonus. Stat Of The Day

This is expected to be the biggest US Thanksgiving travel period in years, with 55.4 million people on the move.

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Produced by: @MarketingMax​

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