1. Tech Still Powering Rally
2. Streak Without 2% Correction
Jefferies Zach Goldberg
335 and Counting…Bespoke noted, while the current streak is only about a third as long as the longest on record, if we get to July 17th without a one-day drop of 2%+, this will be the longest streak without a 2%+ drop since 2007.
3. Semiconductor Seasonality—NVDA 20% of Index
4. Streaming Wars-PARA Lost $1.6B on Streaming Last Year
5. Comcast Lost $2.7B on Streaming Last Year
6. NFLX Vs. CMCSA Chart
7. “Everyone Else” Catching Tesla
By Tom Randall Bloomberg
8. Home Prices 47% Higher than Early 2020
CNBC
https://www.cnbc.com/2024/06/25/housing-affordability-price-mortgage-rates.html
https://fred.stlouisfed.org/series/MSPUS
9. McDonalds Margins vs. WEN/BK
Barrons
10. Google Studied Gen Z
Business Insider Adam Rogers
What they heard surprised them. Young folks basically say they see no difference between going online for news versus for social interaction. Gen Zers approach most of their digital experience in what the researchers call “timepass” mode, just looking to not be bored. If they want to answer a question or learn something new, they might turn to a search engine, but they’re acquiring new information mainly via their social feeds, which are algorithmically pruned to reflect what they care about and who they trust. In short, they’ve created their own filters to process an onslaught of digitized information. Only the important stuff shows up, and if something shows up, it must be important.
Gen Zers told researchers they spend most of their digital lives in “timepass” mode — engaging in light, obligation-free content. Jigsaw and Gemic
They don’t read long articles. And they don’t trust anything with ads, or paywalls, or pop-ups asking for donations or subscriptions. “If you’re making clickbait, you have zero faith in your content,” one subject told the researchers. “And news sources — even CNN and The New York Times — do clickbait. I throw those articles away immediately.”
For Gen Z, the online world resembles the stratified, cliquish lunchroom of a 1980s teen movie. Instead of listening to stuffy old teachers, like CNN and the Times, they take their cues from online influencers — the queen bees and quarterback bros at the top of the social hierarchy. The influencers’ personal experience makes them authentic, and they speak Gen Z’s language.
“Gen Zers will have a favorite influencer or set of influencers who they essentially outsource their trust to, and then they’re incredibly loyal to everything that influencer is saying,” says Beth Goldberg, Jigsaw’s head of research. “It becomes extremely costly to fall out of that influencer’s group, because they’re getting all their information from them.”
https://www.businessinsider.com/gen-z-most-trusted-news-source-online-comment-sections-google-2024-6