| Photo: Getty Images (Mark Leong for The Washington Post) |
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Good morning, Quartz readers! |
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Doge, Pepe, and Popcat are having a collective 2024 that is no joke. The memecoin cryptocurrencies are actually doing pretty well this year. |
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Maybe Spirit Airlines should have never abandoned its Frontier Airlines merger. The founder of JetBlue Airways certainly thinks so. |
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23andMe’s CEO is betting she can overcome the company’s entire board resigning. “I think we can navigate and land this plane,” she said in an interview. |
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The AI industry’s going nuclear on big tech’s climate goals. Data centers that power various machine learning models require unbelievable amounts of energy. |
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Amazon has a solution for employees who don’t want to give up remote work. The company is telling its workers they can quit their jobs instead. |
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The National Highway Transportation Safety Administration is investigating a spate of incidents where Teslas with Full Self-Driving technology were involved in crashes. One of them was fatal. |
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Though the electric carmaker has faced prior scrutiny for its autonomous offerings, federal regulators are still trying to get to the bottom of what keeps going wrong. The latest evaluation will involve 2.4 million Tesla models. |
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Trump Media shares and loads of digital currencies get a lot of attention online, but to some observers, their ubiquity belies their unstable natures. Actually putting money on them, in fact, might be more gambling than investing. |
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Doug Cohen, managing director at Fiduciary Trust International, is one of those observers. “Some of these meme stocks could double by the time we finish this conversation and that some people are gonna make a lot of money on that, but that’s not investing,” he said in an interview. |
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When does it make sense to plow some savings into that flashy asset you heard about on Reddit? Andy Mills spoke to Cohen to give people a sense of sensible action in Wall Street’s Wild West. |
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