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Happy Monday!

In today’s Morning Mashup:

Read time: 3 minutes

🏦 Market Rumble: Rate Hikes and Bitcoin's Rise

What a ride we had last week in the stock market.

Stocks dipped a bit, with the S&P 500, Dow Jones, and the Nasdaq all taking a hit. The Federal Reserve is hinting at more rate hikes this year, but our good friends in the trading world aren't too convinced about that. They're only expecting one more hike.

But hey, who knows?

It's like that game of poker where everyone is trying to read everyone else's face.

Don't get too jittery though. Wall Street is keeping its cool. The Cboe Volatility Index (our 'fear gauge') took a dive last week, and big tech players like Apple are doing their happy dance with shares reaching an all-time high. So, are we ignoring the Fed? Not really. We're just reading the inflation story differently. Many believe that inflation is going to chill out soon, and recent data seems to back this up.

Meanwhile, Bitcoin is having its moment in the sun, hitting a new high for 2023. The crypto market is drawing some serious attention, but let's keep our eyes open for those regulatory curveballs. Looking ahead, we've got a packed schedule. From earnings reports to home sales, GDP revisions, and bank stress tests, the coming week promises to keep us on our toes.

🍷 Decanting Tech: How AI is Pouring New Life into Wine Selection

Fellow wine enthusiasts!

Ever found yourself staring at an extensive wine list, feeling a bit lost?

Well, you're not alone.

But don't worry, because tech's got our back!

Let me introduce you to a couple of innovative geniuses - Blake Hershey and Nicholas Benz. These guys have created AI-powered wine recommendation apps (Sippd and FinpåVin, respectively) that are set to change the way we choose our wine.

Picture this - you take an online quiz that analyses your wine preferences. Based on this, an AI generates personal wine recommendations. Point your phone's camera at a wine list, and BAM! You get a taste match score for each bottle. It's like having a personal sommelier in your pocket. These apps are learning from each purchase, refining their wine recommendations, and helping us discover new favorites.

Now, like any innovative technology, these apps have their skeptics. Some wine experts believe that the nuances of wine cannot be broken down into data for an app. Others argue that technology should not replace the human experience of exploring and discovering new wines. But here's the thing, these apps aren't trying to replace our sommeliers or our own sensory experiences. They're simply here to guide us, especially those of us who are new to the wine game. Think of it as a friend who helps you navigate the wine aisle without the daunting wine jargon.

In the end, it's all about savoring and enjoying your bottle of wine.

🎬 Netflix Rises, Legacy Media Crumbles: 2023's Showdown

What's been happening in the media landscape?

It's like watching a heavyweight boxing match, with legacy media taking punch after punch.

2023 has dealt body blows to industry titans like Disney, Warner Bros. Discovery, Paramount Global, and Fox. They've been grappling with setbacks left and right, from the underperformance of new releases to executive shake-ups and job cuts. Disney's latest Pixar flick, "Elemental," had a weak opening, the weakest since 1995's "Toy Story," believe it or not! Warner Bros. Discovery is shedding jobs faster than a dog sheds its winter coat, and Fox coughed up a whopping $787 million to settle a lawsuit with Dominion Voting Systems. All this while Netflix has been flexing its muscles, its stock bouncing back as it cracks down on password sharing, potentially opening up a treasure trove of new signups.

But here's the catch - the Hollywood writers' strike.

It's a ticking time bomb waiting to explode as media companies may soon run out of fresh, scripted content. The longer it drags on, the heavier the toll on these media giants.

And guess who's sitting pretty amid all this turmoil?

YouTube, TikTok, and Netflix.

They're capitalizing on the crisis, especially Netflix, which has a cash cow of international content unaffected by the strike. As the old guard struggles to find its footing, it's clear the media landscape is shifting, and the digital giants are leading the way.

The only question now is, will the legacy media be able to adapt and bounce back, or will they continue to take hits?

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🐦 Tweet of the day

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That’s all for now!

If you have any interesting projects or ideas please reach out to us by responding to this email or by sending us a DM on Twitter: @DerikVasquez & @MorningMillionaire

As always, thank you for your time, and see you soon.