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July 14, 2021

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

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It's July 14, 2021

Dear readers,

Happy humpday. I’m currently sitting on a plane flying across the country in order to visit our factory in Brooklyn.

I noticed a couple of things while making my way through the San Francisco airport this morning. Namely, the fact that far fewer people were wearing sweaters than expected. What happened to dressing up for the flight? It used to be an occasion. More on that in my update below. Let's get into it!

Let's get into it!

  • Italy wins the Euro Cup
  • Nancy Pelosi to the Moon 🚀
  • Dustin Poirier beats Conor McGregor
  • Zaila Avant-garde is the GOAT
  • Oliver Charles update

Italy Wins The Euro Cup

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • Italy won the European Championship for the second time by beating England 3-2 on penalties on Sunday.
  • This was the first soccer final played by the England men's team since 1966.
  • More than 60,000 fans, most of them English, watched the game at Wembley Stadium.
  • Players from both teams took a knee before the starting whistle to bring attention to racial injustice, which England players did before every game of the tournament.
  • Italy will walk away with more than $40 million in prize money while England earned about $35 million. Players are said to earn a 40% cut of that.
Watch a video of the highlights >>

Nancy Pelosi to The Moon 🚀

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • The husband of House Speaker Nancy Pelosi purchased up to $11 million in mega-cap tech stocks in May and June.
  • Pelosi's biggest purchase was $4.8 million worth of Alphabet shares on June 18, that stock position is now worth more than $10 million, representing an unrealized gain of more than $5 million.
  • The Pelosi family made $1.4M in <2 months or ~54.7% on these positions; all were ITM call options.
  • This isn't the first time the investment decisions of Pelosi's husband came into focus. Earlier this year, Paul Pelosi purchased up to $1 million of long-dated Tesla call options.
  • The news of the trades set the internet into an uproar over insider trading within Congress.
See the trades >>

Dustin Poirier Beats Conor McGregor

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • Conor McGregor lost his rematch against Dustin Poirier after a bizarre end to the first round in which McGregor appeared to break either his lower left leg or his ankle.
  • McGregor (22-6) and Poirier (28-6) are longtime rivals. In 2014, McGregor defeated Poirier at UFC 178 with a first-round KO. But in January, Poirier got his revenge at UFC 257 with a second-round finish.
  • McGregor was pleading before the decision was read by the announcer that it be emphasized as a doctor’s stoppage. Perception is big, and that plays better than a technical knockout.
  • The fight sold close to 1.8 million PPVs in the United States alone. The number is expected to go past 2 million when international numbers are counted.
  • The crowd in attendance for the fight was 20,062 and with tickets totaling more than $16.76 million.
Watch the highlights >>

Zaila Avant-garde is The GOAT

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • Zaila, a 14-year-old from Harvey, LA, won the on the word “Murraya.” She became the first Black American to win the Scripps National Spelling Bee in almost 100 years of contests.
  • Zaila said she hopes to one day play basketball at Harvard before a career at NASA or as a coach in the NBA.
  • Zaila also holds 3 Guinness World Records for the most basketballs simultaneously dribbled: six.
  • Each year, more than 11 million students take part in the Scripps National Spelling Bee.
  • Zaila will receive a $50,000 cash prize.
See the moment Zaila won >>

Read Our Blog

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Oliver Charles update

Walking through the airport I couldn’t help but notice how dressed down everyone was. I can’t say I’m surprised; people are optimizing for comfort.

Planes are the most uncomfortable they’ve ever been. I say this as my knees are pressing firmly into the seat in front of me while my neighbor has fully taken over the armrest.

Where’s the middle ground? What would the modern-day dressing up for a flight look like? Well, that’s the topic of our upcoming post on our style blog #repeat.

Click here to sign for an alert when it’s live.

Until next time, keep building 💪.

Best, Tobias
CMO @ Oliver Charles
Connect with me on Linkedin

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