The Shit to Know Thursdays

What a day to be alive, it’s shit to know Thursday and Thursday Market Close.

I don’t know about you, but I am half cut right now writing this, it’s Easter weekend, it’s only right you show up to every dinner unlawfully hungover.

Before you fully hop on the train though, here is the shit to know.

Market Indices & Commodities

Stonks
Krispy Kreme Stock Jams After McDonalds Partnership

Krispy Kreme went on a fucking tear on Tuesday after they announced they will be in all McDonalds Locations Nation wide by the end of 2026.

It appears they ran a test program in 160 stores in Kentucky as part of their initial partnership in 2022, I guess it went well.

No surprise to me all the fat asses who are eating McDonalds wanted a Krispy Kreme to chase it down. Good, keep all the unhealthy food under one roof.

News
Baltimore Bridge Collapsed

The Baltimore Bridge collapsed on Wednesday and six people were pronounced dead after a Cargo Ship’s Engines supposedly shut down and came barreling into it’s supports. Four others remain un found, and are presumed dead and the search efforts have turned into a recovery mission.

Some say this was a terrorist or inside attack as in the video released you can see lights flashing on the ship and black smoke coming out of it after they claimed they had no power (video here). After investigation there was no evidence of this being an attack and the flashing lights and black smoke were evidence of a back up generator firing up.

However, just like anything in this world, the news will never tell us what actually happened, I am curious to see if anything else unfolds.

Rest in peace to all victims.

News
Florida Bans Social Media for Kids Under 14

Ron DeSantis, has signed a law that has given his Florida one of the US’s most restrictive social media bans for minors. Once it takes effect, the bill signed on Monday bans social media accounts for children under 14 and require parental permission for 14- and 15-year-olds.

In my opinion, this is essential and should be implemented Nation wide. Social Media is corrupting the youth. Not only are the youth highly manipulatable by harmful propaganda but it is tarnishing our attention spans and real world abilities.

Ron stated, “A child in their brain development doesn’t have the ability to know that they’re being sucked into these addictive technologies and to see the harm and step away from it, and because of that we have to step in for them.”

Hats off Ron, everyone else take notes, if there is any hope for the new generation, getting rid of their TikTok brains will be the first step.

IPO
Trumps Stock Goes Public

For the first time in nearly 30 years, one of Trump’s companies has gone public. This has thrust him into the Bloomberg Billionaires Index for the first time. The stock has largely been booming in the last week or so.

The analysts have some pretty gloomy forecasts though for $DJT. They are saying that there is absolutely no fucking chance that the performance of the stock will match its clout. Its lack of earnings, and excessive valuation are all causes for concern apparently. I gotta say, I agree to be honest.

To me, this stock looks like another meme stock. An impressive one at that, defo more impressive than most of the shitty meme stocks, but still a meme stock.

Fair play to Trump though, this whole situation is predicted to have boosted his net worth by $4 billion. Fucking nuts.

Commodities
Weed Stocks Are Pumping

Last week US Vice President Kamala Harris criticized marijuana restrictions, helping weed stocks rise last week. Canopy Growth ($WEED) went up over 18% last week,

Weed stocks have continued rallying this week, and are defo worth keeping an eye on.

Their whole growth essentially depends on what government says and what laws they implement. In general, North America seems to be becoming super pro-weed. You already know we’re gamblers, but I reckon it’s a pretty safe gamble that weed stocks keep on growing long term, we reckon the odds are heavily in favour of the investor.

You’d have to be fucking high not to add some weed stocks to your watchlist.

Stock of the Week
SBF Gets 25 Years Locked Up

Sam Bankman-Fried has been sentenced to 25 years in the pen for masterminding the $8 billion fraud which led to the collapse of the crypto exchange FTX.

Specifically, he has been found guilty of 7 charges of wire fraud and conspiracy. SPF has also been ordered to pay a fine of $11.02 billion. To pay for this, he will be required to pay a monthly sum along with giving up all his assets.

Good to see scum like this are getting put away for some time.

Thank you 
That’s all Folks

Enjoy your 4 day weekend, we definitely will.