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Victoria’s Secret just traded Tyra Banks for a pro soccer player to pull off the greatest brand turnaround in history. Spotify just launched its live audio Clubhouse rival, but if you acquire a zucking is it still a zucking? And Juneteenth is now a national holiday, but the bigger story is the Reparations Economy.
$LB $SPOT
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We just got an update on Apple’s secret “Project Casper”: Apple Doctors. A random ship has become Deutsche Bank’s most profitable investment of the year. And self-driving icon Waymo just raised $2.5B, but its secret weapon is Google Maps.
$ZIM $DB $AAPL $GOOG $GM
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The most-downloaded fashion app is now Shein, and it’s created a new behavior: Real-Time Fashion. Yelp whipped up data on how you’re dining, but it tells us more about Yelp than the recovery. And Sinclair is launching the 1st nationwide regional sports network, but the $23/month price tag is a key part of the Streaming Wars.
$YELP $SBGI
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Lordstown Motors was supposed to be the hero of electric cars, but it looks like it wasn’t even real. Dave & Buster’s is hoping a limited time margarita can cure the Decay Curve. And after a rare bipartisan bill and a big G7 summit, the economic victor of the US vs China is Made in USA.
$PLAY $RIDE
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Netflix just launched its 1st ever store, which we’re calling the path to Disney-fication. Tesla unveiled a $144K car because ultra-luxury helps you sell your cheapest products too: Peer Price Pressure. And DiDi (“the Uber of China”) filed for what may be the biggest IPO of the year because it does what Uber doesn’t.
$DIDI $NFLX $TSLA $DIS
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WeWork, Google, and Microsoft are all investing in the Second Coming of Zoom: Holograms. Chipotle’s jacking up prices on your burrito bowl, but doing something no one else is: Elevating the Burrito, too. And Klarna hit a $46B valuation because it’s TikTokified the credit card.
$GOOGL $ART $AFRM $CMG
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