Potter is joining Netflix
Elon sued (again??)
The rejected member of Ocean’s Eleven.
Markets
PAST WEEK | YEAR-SO-FAR | |
|---|---|---|
Nasdaq | +1.7% | +22.3% |
S&P500 | +0.9% | +17.1% |
MSCI Emerging Markets | +0.9% | +31.1% |
Bitcoin* | +6.2% | -1.5% |
Ethereum* | +11.1% | -5.3% |
Stock of the week: | +133.5% | -52.4% |
Crypto of the week: | +19.2% | -60.2% |
*Source: CoinGecko.com As of 6:16AM December 8, 2025
World news
Top news stories of the past week
1) Potter enters Squid Games: Netflix has agreed to acquire Warner Bros. Discovery's studios, HBO Max streaming service, and extensive content library, including franchises like Game of Thrones and DC, for $72 billion. Sheesh. Warner Bros. Discovery will first spin off its cable networks into a separate company by Q3 2026, with the deal expected to close 12-18 months. If there is a Harry Potter x Squid Games crossover, I will lose my mind.

2) Musk loves being sued: Not actually, but you’d think so by how frequently it happens. Prosecutors in Brazil have charged Elon Musk with obstruction of justice for refusing to block several X (Twitter) accounts that judges had ordered removed, and they are seeking to freeze some of his assets in the country. Musk has denounced the Brazilian judge involved, framed the dispute as a free-speech issue, and suggested he might shut down X’s operations in Brazil rather than comply with the court orders. And if you’re trying to keep track of how many times Elon Musk has been sued, good luck. It’s into the dozens.

3) Prices may actually jump: Trump’s new “Liberation Day” tariffs on imports have raised prices somewhat, but the USMCA trade deal has shielded many Canadian and Mexican goods from those tariffs by encouraging companies to meet its rules. Trump is now threatening to let USMCA expire or replace it, and economists warn that ending the deal could sharply increase costs for everyday products like clothing and electronics in the United States. Just in time for Christmas.

Top WEIRD stories of the past week
1) A Donald Trump wax statue had to be removed from Louis Tussaud's Waxworks in San Antonio, Texas, after visitors repeatedly punched and scratched the figure. Sounds like they have a money-making opportunity on their hands.
2) New Zealand police recovered a valuable, James Bond-inspired Fabergé pendant after a man was arrested for allegedly swallowing the jewelry inside an Auckland store and being monitored for six days. This guy did not make the cut for Ocean’s Eleven.
3) An AI-manipulated photo showing a damaged rail bridge following an earthquake in Lancaster, England caused a major rail link to be shut down for safety inspections, only for the bridge to be found undamaged. This is truly the dumbest timeline.
Chart
You like charts? Graphs? Ya you do
Between Harry Potter, Batman, and The Hobbit, Netflix has acquired some major assets.

Personal Finance
Financial Booster
Do you want to pay less tax?
Dumb question, of course you do.
Then you should take advantage of tax loss harvesting.
Tax-loss harvesting is a strategy where you sell an investment in a taxable account for less than you paid, so that the realized capital loss can reduce your tax bill.
The IRS lets you use realized losses to first offset realized capital gains, and if your net result is still a loss, you can generally deduct up to $3,000 per year against ordinary income ($1,500 if married filing separately), carrying any extra unused losses forward to future years without an explicit dollar cap.

This can lower your current tax liability, smooth out the tax impact of rebalancing, and improve your after-tax returns over time.
To do tax-loss harvesting, you identify investments in your taxable brokerage account that are trading below your cost basis and sell them.
After selling and realizing the loss, you usually reinvest the proceeds in a different ETF, mutual fund, or basket that’s invested in similar things to avoid being out of the market.
BUT be careful to avoid “wash sale” issues: if you buy the same or a substantially identical security within 30 days before or after the sale, the IRS disallows the loss and instead adds it to your new cost basis.

Does this sound too complicated? Fulfilled will show you exactly what to do instead.
Just connect your account; the platform will identify tax loss harvesting opportunities and give you replacement ETFs to buy. Easy!

Music
Banger of the week
Most important thing
Meme? Nah. Art.


