One chart shows just how much Grindr is trouncing the competition

The hookup app is entering its cuffing era.

6/26/24 12:13PM

Grindr, the gay hookup app, is looking for longer-term love. And it’s finding it — from investors.

While its peers Match Group and Bumble have had a mostly terrible ride on the stock market this year as they struggle to grow paying subscribers amid widespread complaints about online dating, Grindr has bucked the trend. Its stock is up more than 30% year-to-date, thanks to growing usership and an increased revenue outlook.

Ahead of its first Investor Day, the company said that more than half its users are looking for stable, long-term relationships — something Grindr is hoping to facilitate with added features like AI that steers people towards others with similar interests beyond hooking up.

Grindr isn’t the only dating app hoping to shed its hookup app roots. Match Group’s Tinder has been trying to do the same, though it’s been less successful. Last month Tinder reported its sixth straight quarter of paying user declines.

Netflix and Disney+ probably only added ad-tier subscribers this year, says Morgan Stanley

As streaming prices climb, ad-free subscribers are becoming a rarity.

Max Knoblauch12/18/25

BLOOD

MONEY

J. Edward Moreno12/17/25

Discount stores are having a moment in America, drawing high- and low-income consumers alike

Everyone loves a deal in 2025 — and Aldi, Walmart, and Dollar Tree are all cashing in.

Millie Giles12/17/25

Max Knoblauch12/16/25

Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

OpenAI Deal to License Disney Characters Is Entirely in Stock

Max Knoblauch12/15/25

Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.