Threats: Meta launched Threads, a text-focused social network, in 100+ countries — and within two days it was downloaded 70M times. Some are already calling Threads a “Twitter killer” given Meta’s massive reach.
BAYC: Some Bored Ape NFTs (including Justin Bieber’s) have plunged in value as blue-chip NFT prices slide. Apes biz Yuga Labs has struggled to stay buzzy as its hyped virtual word remains under construction.
Uturn: New US car sales surged by as much as 14% in the first half of this year. Cox Automotive predicts that car buying will cool in the second half, but still upped its sales estimate to 15M.
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