Highlights of the day: 15 June

FinMeUp Highlights of the day

The FinMeUp newsletter will now be sent daily, featuring the Article of the day as posted on the FinMeUp app. To sign up, feel free to visit our website: https://www.finmeup.co.za/, or click directly on the following link: https://bit.ly/FinMeUp_Newsletter 

U.S.

Microsoft

• Microsoft has started working on bringing casual games directly into Microsoft Teams.
• Microsoft has started testing Solitaire, Connect 4 and Wordament - The Verge.

Elon Musk

• Elon Musk has recently shared his opinion on Car companies Rivian and Lucid motors.
• "Unless something changes significantly with Rivian and Lucid, they will both go bankrupt. They are tracking toward bankruptcy".
• "I hope they can do something, but unless they can cut their cost dramatically, they are in deep trouble and will end up in the car cemetery like every other with the exception of Tesla and Ford".

Apple

• Apple is bulking up its sports offerings for AppleTv.
• Apple and Major League Soccer signed a deal to present all MLS matches around the world for 10 years starting in 2023 according to Bloomberg.

Netflix

• Netflix $NFLX has given the green light for Squid Game: The Challenge a reality competition series based on Squid Games according to Variety.
• 456 players will compete for $4.56 Million the largest lump sum cash prize in reality TV history.

Twitter

• Twitter is currently down 30% from the $54.20 mark Elon Musk agreed to buy it at.

Google

• Youtube Shorts reportedly has more than 1.5 Billion users per month.

Biggest winners and losers

JSE

• Anglo Platinum +8.42%
• Alphamin -4.00%

US

• Netflix +4.62%
• Pinduoduo -2.76% 

Crypto

• Bitcoin -5.6%
• Ethereum -9.1%
• BNB -5.5%