Hello CEO,

While you were busy growing your empire…

1. ☄️ We’re In A Startup Extinction

There’s been a wave of startups shuttering this year, with hundreds of US startups closing. That’s actually bad news for cloud providers, like Amazon Web Services, which rely on the startup economy. Expect slower growth in this sector… Read more here.

2. 🏆 Meta Wins With Ad Revenue

Meta announced a strong performance in its earnings report, which beat Wall Street Expectations. The real bright spot is its advertising business, with $33.64 in revenue. It actually backs up an overall trend that ad spending is on an upswing… Read more here.

3. 🙈 Carta Fails At Damage Control

Equity management startup Carta seems to have made a bad situation worse. The CEO wrote about recent “negative press” and actually just amplified it. Sometimes responding is the wrong move… Read more here.

4. 🤖 Robotic Future Isn’t Quite Here

Agility Robotics envisions a future where human-like robots work alongside actual humans. But in a demo, they were found lacking (for now). Robots will surely come one day, but not quite yet… Read more here.

5. 💋 Barbie Hype Doesn’t Inspire Investors

The Barbie movie may have boosted Mattel’s sales and earnings, but the stock price didn’t see the same bump. Shares fell by more than 7% after an earnings release. It shows that hype doesn’t necessarily reflect in trading… Read more here.

Produced by: @MarketingMax​

Thanks for being an important part of my journey 🙂