The Best One Yet 💎 “He went to Walmart” — The $299 Diamond Ring. Yuka’s MAHA app. Podcasts’ Golden Globes Award.
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May 12, 2025 Walmart is shaking up the diamond market with $299 one-carat rings, highlighting the impact of lab-grown diamonds on traditional players like De Beers. The Yuka app is empowering consumers to make healthier food choices, essentially becoming the 'FDA of the People.' Meanwhile, the Golden Globes are adding a 'Best Podcast' category, signaling a shift towards recognizing digital content. Emerging trends like the 'Regret Economy' and the rise of removable tattoos are also making waves in the venture capital world.
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Dinosaur Birthday Party Success
- Jack hosted his son's dinosaur-themed birthday party with a dinosaur Easter egg hunt and a three-tiered dinosaur wedding cake.
- The baker called it unprecedented, showing Jack's impressive dedication as a father.
Lab-Grown Diamonds Disrupt Market
- Lab-grown diamonds now make up 50% of engagement rings with prices falling 90% in six years.
- Walmart sells identical one-carat lab diamonds for $299, massively disrupting the traditional diamond market.
De Beers Shuts Lab Diamond Unit
- De Beers is shutting down its lab-grown diamond business due to low margins from plummeting prices.
- They shifted their marketing to emphasize diamonds as "forever present," focusing on time as added value.