Friday Finance - sam's friday finance

Friday Finance

The largest museum you can't visit, Tariff refunds increasing margins, Gaza privatized, Polymarkets turning up the heat, 100% loan to cost loans for FIFA tickets

27th edition Greetings folks, Feel like the days are getting longer? It’s not just spring. China’s Three Gorges Dam is so massive it actually slows the rotation of the Earth. NASA scientist Dr. Benjamin Fong Chao calculated that when the reservoir is full, it increases the length of

Friday Finance

Sotheby's wants to keep your money, COVID costs 1% of GDP, The Strait is open-ish, Dishwashers in demand, Costco dominates Japan

26th edition Greetings folks, The United States holds 8,133 tonnes of gold. At this week’s price of roughly $4,750 per ounce, that stash is worth approximately $1.24 trillion. The US government carries it on the Federal Reserve’s books at $42.22 per ounce, which values

Friday Finance

Covert rescue of Dude 44, McDonald's priced as a luxury item, Dead people solving China's condo glut, Delta Airlines refining their way to profit and France sells gold to itself.

25th edition Greetings folks, Kim Kardashian and Lewis Hamilton confirmed their relationship this week. Between her $4 billion SKIMS valuation and his $300 million Ferrari contract, this might be the first couple whose combined portfolio outperforms most private credit funds this year. Ferrari shares were up 2% on the news,

Friday Finance

Lessons from the fall of the Roman Empire, Apple's Secret (its in the wrist), Its not just oil, $25B Platform with no banking and the KitKat heist.

24th edition Greetings folks (yes I know it’s not Friday), On March 26, Donald Trump became the first sitting US president in 165 years to put his signature on American currency. The new bills will replace the Treasurer’s signature with the President’s, starting with $100 notes in

Friday Finance

Russia and China are winning the war in the Middle East (they aren’t even fighting), Nobel Peace Prize misses, the markets that knew before the markets knew, how capable AI actually is and Carney talks K-Pop with Monocle in Tokyo.

21st edition Greetings folks, We all (well most of us) lost an hour of sleep on Sunday, which feels like a good time to remind you that people used to pay someone to shoot peas at their window at 3am. Before alarm clocks were affordable, Britain had an entire profession

Friday Finance

Meta’s Global Data Cable, Holiday Returns, U.S. Investment Boom, and Bitcoin’s Big Milestone

Greetings folks and a warm welcome to the 19th Edition of Friday Finance Weekly. Apologies for missing the last 2 weeks, but I am back for the home stretch. Great news about the rate cuts, and it seems like the Bank of Canada will continue on this path. The Canadian

Friday Finance

T-Pain releases ‘Get Low’, Cheese Bandits, Canada’s nuclear ambitions and Amazon launches Haul

Greetings folks and a warm welcome to the 18th Edition of Friday Finance Weekly. It’s the Grey Cup this weekend (in case you didn’t know) and it’s Toronto vs. Winnipeg (also in case you didn’t know). In other news, I am sure everyone is being inundated

Friday Finance

Neocloud companies stockpile processing power, Pay your taxes with Crypto and President Musk

Greetings folks and a warm welcome to the 18th Edition of Friday Finance Weekly. It’s the Grey Cup this weekend (in case you didn’t know) and it’s Toronto vs. Winnipeg (also in case you didn’t know). In other news, I am sure everyone is being inundated

Friday Finance

Starbucks is bringing back the Sharpie, Spraying Diamonds in the Sky, Google gets a fine larger than the global asset base, Lazy version of kiting cheques, America buys too much for other countries to move away from the USD.

Greetings folks, and a warm welcome to the 16th edition of Friday Finance Weekly. I am sure the world will be a changed place in a week from now as we wait for the US Presidential Elections. I haven’t been this excited since the Canucks were in Game 7

Friday Finance

Munificent Mayweather strikes again, flying taxis, Women and Weed, Funds may be forced to Dump tech stocks, Walmart makes a major move into pharmacy

Greetings, folks, and a warm welcome to the 15th edition of Friday Finance Weekly. Your feedback is appreciated, as long as it's positive. Totally not finance-related, but seriously hilarious. A pizzeria in the German city of Düsseldorf was busted by police. If a customer ordered a number 40,

Friday Finance

Uber considers buying Expedia, the business of calculating odds in sports, gamble on the US elections and Patek unveils their first new collection in 25 years

Greetings, folks, and a warm welcome to the 14th Edition of Friday Finance Weekly. I am sure you are all looking forward to the unusually warm Vancouver weather this weekend. Just kidding. Politics aside, I am genuinely concerned for Trump. He stopped a rally and did an awkward dance for

Friday Finance

Private Equity Buys into American Royalty (NFL), Big Tech Goes Nuclear, Ozempic changing waist lines at a national level and the Diamond of all Diamonds

Sam Perera Oct 11, 2024 • 10 min read Greetings, folks, and a warm welcome to the 13th Edition of Friday Finance Weekly. I am sure everyone has heard about Tesla’s robo-taxi prototype. It felt very Robocop-like, to be honest. For the life of me, I don’t know why