1. XLK Tech ETF Up 11 Days in a Row
XLK is up 11 straight days. This is the 3rd longest streak in history! Dave Lutz Jones Trading
2. AI Mentioned in 306 Earnings Calls Q3 by S&P Companies
FactSet
3. Utilities that Power AI Pulling Back…XLU Utility ETF
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4. Next Bid AI Event….ORCL Earnings Wednesday …Stock 1/3 Off Highs
Barrons
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5. Leveraged ETFs Hit $239B AUM
Barchart
6. Recovery from Covid ….Restaurants and Hotels Lead
The Irrelevant Investor
7. India IPO Boom
Semafor
8. 10-Year Treasury Going the Wrong Way
9. Small Cap Stocks Need Lower Rates (IWM) ..Ticks from New Highs
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10. Rich People, Poor Morals: Wealthy Are The Most Likely To Rip Off Self-Checkout Machines
by Tyler Durden Rich people, poorer morals? A new LendingTree report claims the shoppers most likely to rip off the self-checkout machine aren’t the desperate — they’re the well-off, according to the NY Post.
Americans making over $100,000 a year are twice as likely to steal at self-checkout compared to low-income shoppers. A hefty 40% of six-figure earners admitted they’ve deliberately skipped scanning an item, while just 17% of those making under $30,000 confessed to the same.
The Post writes that middle-income households didn’t look much better: 27% of people earning between $50K and $99K say they’ve helped themselves without paying. And men are the biggest culprits overall, with 38% admitting to theft versus only 16% of women.
Even with AI scanners and weight sensors trying to outsmart sticky fingers, self-checkout theft is still rising.
A chunk of shoppers don’t feel bad about it either. Nearly one-third say big retailers make plenty of money, so swiping something “doesn’t hurt.” Another 35% defend the habit by claiming they’re basically unpaid store workers and grabbing an item or two is “compensation.”
Still, most blame inflation rather than guilt-free shoplifting. Forty-seven percent say rising prices are forcing people to cheat at the register — meaning even wealthy shoppers might be feeling the squeeze, just not enough to pay for everything in their cart.