David Lidsky's Blog, page 52

August 7, 2025

Why is Trump going after Intel’s CEO?

A new call for resignation and a Senate probe are putting Lip-Bu Tan’s leadership under scrutiny.

Shares of Intel dropped more than 3% Thursday after President Donald Trump demanded the immediate resignation of the chipmaker’s CEO.

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Published on August 07, 2025 19:30

Eli Lilly is giving Novo Nordisk a run for its money—so why is LLY stock still down today?

Lilly’s weight-loss medications Mounjaro and Zepbound are gaining market share on Novo’s Wegovy and Ozempic, but investors remain unconvinced.

It’s been a week of wins for Eli Lilly’s weight-loss drugs. The company’s second-quarter earnings report on Thursday disclosed that sales of Mounjaro, its type 2 diabetes medication often used for weight loss, reached nearly $5.2 billion in revenue, up 68% from the same quarter last year and exceeding analyst estimates of $4.7 billion.

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Published on August 07, 2025 19:00

RushTok is back. TikTok still can’t get enough of sorority recruitment

With millions of views and a Lifetime doc on the way, RushTok has become TikTok’s most addictive reality show—and it’s not even on TV.

The internet’s favorite programming is back on: #RushTok season is officially upon us. 

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Published on August 07, 2025 00:13

Over half of older Americans plan to skip retirement

Between the high cost of living and our productivity culture, most Americans don’t want to retire.

Retirement was once a hard-earned rite of passage for most Americans. However, in modern times, as many working Americans struggle to make ends meet, it’s not always an option. And, outside of financial concerns, more individuals’ sense of purpose appears to be deeply connected to working. That means that for many, retirement is no longer a given, and for some, it’s not desirable.

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Published on August 07, 2025 00:13

August 6, 2025

Instagram launches map feature. It looks a lot like Snap Map

The new opt-in tool lets users see friends’ real-time locations, explore creator-recommended spots, and leave notes on a shared map.

Location sharing among friends, family, and significant others has quietly become the norm in recent years.

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Published on August 06, 2025 21:32

All that backlash against Duolingo going ‘AI first’ didn’t slow its growth: Why DUOL stock is soaring 24% right now

The company’s big bet on artificial intelligence was controversial, but appears to be paying off as Q2 2025 earnings saw profits rise 84%.

At least one company’s bet on artificial intelligence appears to be paying off—for now.

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Published on August 06, 2025 21:00

Trump accuses banks of political discrimination. Here’s what to know

An executive order against the banks would come after Trump said in a CNBC interview Tuesday that the country’s top two lenders had previously rejected his deposits.

The White House was preparing to act against banks for allegedly dropping customers for political reasons, as President Donald Trump said he believes that banks, including JPMorgan and Bank of America, had discriminated against him and his supporters.

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Published on August 06, 2025 19:53

Hulu’s days are numbered, and Disney just made it official

Disney is sunsetting the Hulu app and merging it into Disney+. Here’s what it means for subscribers and what’s coming next.

Mickey Mouse and Love Island will soon live under the same roof. The Walt Disney Co. announced Wednesday its plans to sunset the stand-alone Hulu streaming app and integrate that content into the entertainment company’s flagship Disney+ app.

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Published on August 06, 2025 19:45

The real meaning behind that viral Department of Homeland Security painting

‘American Progress’ by John Gast has been used in textbooks for decades to explain American settlers’ assumption of a God-given right to land in the West.

In recent months, the Department of Homeland Security (DHS) has used its social media platforms to promote its vision of an ideal country. In between posts celebrating mass deportations and defending Immigration and Customs Enforcement (ICE), the department has taken on the role of curator, posting a series of artworks that appear to communicate an idealized, Eurocentric concept of the American dream.

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Published on August 06, 2025 19:30

WhatsApp removes 6.8 million accounts linked to scam centers

Meta said it was also rolling out new tools on WhatsApp to help people spot scams.

WhatsApp has taken down 6.8 million accounts that were “linked to criminal scam centers” targeting people online around the world, its parent company Meta said this week.

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Published on August 06, 2025 19:01

David Lidsky's Blog

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