Bloomberg Businessweek
GM Commits Billions to Shareholder Returns as EV Push Stalls
Nov 29, 2023
GM responds to EV criticism with shareholder rewards. Private aviation industry performance during pandemic. Tax breaks for private jets and global water shortage. Surge in demand for Santa Claus entertainers. Deepfake pornography challenges and the need for stricter regulations. Discussion on the challenges and ethics surrounding emerging technology. Performance of S&P 500 and impact of treasury trade. Rebound of Nikkei index and allocation strategy for Japanese equities.
50:01
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Quick takeaways
- The demand for Santa Clauses is exceeding supply this year, with an increase of over 36% compared to last year.
- Deepfake pornography poses a significant threat to victims, highlighting the urgent need for comprehensive legislation and increased awareness.
Deep dives
Increased demand for Santa Clauses highlights holiday season optimism
The demand for Santa Clauses is exceeding supply as the holiday season approaches. The need for Santa entertainers at events, parties, and malls has seen a significant increase, with the demand up by over 36% compared to last year. Despite challenges posed by deepfake technology, which manipulates photos and videos, the market for Santa Clauses remains strong. Companies are seeking diverse Santas to meet the preferences of their diverse customer base, while also offering more interactive experiences for families. Overall, the outlook for the holiday season is positive, with strong seasonal trends and positive momentum in the equity markets.
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