The Peak Daily Hook, line, and sinker 🎣- Investment scammers target Gen Z, Apple speeds up CEO succession plan.
Nov 18, 2025
The podcast dives into the alarming rise of investment scams targeting Gen Z, highlighting their vulnerability due to economic pressures and social media influence. It also explores Apple’s potential leadership change as Tim Cook considers stepping down, with discussions on John Ternus as his likely successor and what this means for the company's future. Additionally, listeners learn about Jeff Bezos' ambitious AI startup with hefty funding and the positive impact of lower grocery prices on Canada's easing inflation.
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Hosts Open With Over/Under Banter
- Alex and Jay play an over/under game highlighting surprising public statistics.
- They use light banter to introduce heavier topics like wealth transfer and cancer rates.
Gen Z Now Top Scam Victims
- Canadians aged 18–24 reported investment scams at higher rates than seniors for the first time.
- Financial desperation, promoted via social media and crypto pitches, is a key driver of youth victimization.
Scam Losses Soar, AI Complicates Detection
- Canadians lost an estimated $6 to $12 billion to scams last year, with AI making fraud harder to detect.
- A coalition of banks and tech companies formed to proactively tackle emerging schemes.