bankers, lawyers, actuaries, accountants, and consultants rolling into work tomorrow after seeing that AGI stil isn’t here

Google Calendar is about to take out Tinder

In 2024, the largest airlines in America made combined $14B operating profit (Delta, United, American, Southwest). The profit nearly all from credit card issuers paying airlines for points (every airline operated passenger business at a loss). 1% of US GDP spent on Delta Amex cards (!!!) and just last quarter: ▫️ Amex paid Delta $2.1B (airline’s entire operating profit) ▫️Citigroup paid American $1.4B ▫️JPMorgan paid United $800m All the programs floated by ~2% credit card interchange fees paid by merchants, reaching a total of $160B last year (on a $100 transaction, CC issuer takes $2…it typically gives $1.50 as reward/rebate/points back to customer and keeps rest). Delta and American doubled revenue from selling airline points in past 8 years (but programs def feel like hitting limits with higher credit card fees and everyone losing their minds over lounge wait times). *** Full read here:

Theo Von “interviewing” Hank for the new season of King Of The Hill is great promo: > Hank drinks Celsius > Hank says he listens to the Propane Resource Council podcast > Theo calls propane “zesty Diesel” and asks if it can get you high Well played, Hulu.

BREAKING: Apple soars 5% ahead of Tim Cook’s visit to the White House to announce the iPhone’s new advertising campaign.

BREAKING: Apple soars 5% ahead of Tim Cook’s visit to the White House to announce the iPhone’s new advertising campaign.

The last time Tim Cook went to the White House we got arguably the greatest sound bite in corproate press conference history: Tim Apple

BIG NEWS! The number of @FintechTakes creators just doubled. And the Fintech Takes Network is starting a new chapter. My friend and super bank nerd @khaslett has joined Fintech Takes to launch a weekly bank-focused newsletter and podcast! Here's what that means for FTT 👇

BIG NEWS! The number of @FintechTakes creators just doubled. And the Fintech Takes Network is starting a new chapter. My friend and super bank nerd @khaslett has joined Fintech Takes to launch a weekly bank-focused newsletter and podcast! Here's what that means for FTT 👇

Got upgraded on my flight to NYC this AM and everyone in 1st class was trading on Robinhood or placing bets on DraftKing and Kalshi. I looked back to the rest of the plane - everyone was reading Benjamin Graham’s “Intelligent Investor”. Was just a very interesting observation.