HAPPY SATURDAY TO THE STREET.

And welcome back to Street Tweets from The Street Sheet!

It’s official: College degrees are losing their shine.

Fewer than 50% of business leaders see college degrees as essential for getting ahead in the workplace, according to a LinkedIn study.

The good news? Moving towards a skill-based hiring market could mean that your work ethic matters more than your academic accolades.

The bad news? We wouldn’t count on your alma mater sending you a refund anytime soon.

β€” Brooks & Cas

MARKET REVIEW

Cracks in the economy? Stocks don’t care.

Consumer sentiment dropped, along with US nonfarm payrolls. That didn’t stop the stock market from posting an impressive week, fueled in large part by Oracle’s $ORCL ( β–Ό 5.09% ) massive earnings report. Last week, the S&P 500 rose 1.6%, the Nasdaq Composite popped 2%, and the Dow Jones Industrial Average added nearly 1%.

Want a deeper dive? Click through to read the full Market Review.

MARKET PREVIEW

Next week will feature the Federal Reserve’s interest rate decision on Wednesday. Investors overwhelmingly expect a rate cut at this meeting β€”Β but just how big of one remains up for debate.

Want to see the betting odds? Click through to read the full Market Preview.

Sponsored by Pacaso

In 2010, a Grammy-winning artist passed on investing $200K in an emerging real estate disruptor. That stake could be worth $100+ million today.Β 

One year later, another real estate disruptor, Zillow, went public. This time, everyday investors had regrets, missing pre-IPO gains.Β 

Now, a new real estate innovator, Pacaso – founded by a former Zillow exec – is disrupting a $1.3T market. And unlike the others, you can invest in Pacaso as a private company.

Pacaso’s co-ownership model has generated $1B+ in luxury home sales and service fees, earned $110M+ in gross profits to date, and received backing from Maveron, Greycroft, and more. They even reserved the Nasdaq ticker PCSO.

And you can join them for just $2.90/share. Just don’t wait. Pacaso’s opportunity officially ends September 18.

Turns out an old dog can learn new tricks.

Apple’s $AAPL ( β–² 1.76% ) product release might not have impressed investors, but at least it provided more than just light variations on the same old themes.

Instead, Tim Cook and Co unveiled the thinnest iPhone yet, along with a viral image revealing the shocking size of the iPhone’s brain. The AirPods also got upgraded with real-time translation.

You’d think this would send Duolingo $DUOL ( β–Ό 0.46% ) cratering, but the stock was up more than 16% on the week. Can someone please translate the logic there?

Oracle’s deal minted a new richest man.

OpenAI signed a $300 billion (that’s a big B) data center deal with Oracle $ORCL ( β–Ό 5.09% ).

Both Oracle’s stock and CEO Larry Ellison’s net worth subsequently soared, rising 40% and $101 billion, respectively.

The size of this deal raised a few important questions, like, where is OpenAI gonna get $300B? Or, perhaps more pressingly, what is Elon Musk going to say?

Are you smarter than a Redditor?

Turns out even the world’s smartest technology can’t resist doing a quick Wikipedia search for some easy answers.

If ChatGPT were in high school, it would get detention for citing these sources. Just saying.

Sponsored by Pacaso

When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VC firms that backed Uber, Venmo, and eBay also invested in Pacaso.

Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.

And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.

Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.

And you can join them as an early-stage investor for just $2.90/share.Β 

A live look at the high-flying US economy.

Is the market still getting ready for takeoff? Or is its engine about to blow out at cruising altitude? Only time will tell.

9-9-6 is the new 9-5.

Silicon Valley tech bros are reportedly grinding from 9 AM to 9 PM, 6 days a week.

Watch out, Waymo $GOOGL ( β–² 0.18% ). If robotaxi growth is slow, it might just be because no one in the target market has any reason to leave the office…

QUESTION

This company just announced plans to acquire Warner Bros. Discovery, a move that could shake up the media industry.

Login or Subscribe to participate

17(b) Disclosure: This message is a paid advertisement for Pacaso. The Street Sheet investor awareness services, including newsletters, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in The Street Sheet publications or presentations, including web content subject to change. The Street Sheet and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. The Street Sheet is a research service not owned or managed by registered brokers and therefore this site does not make any investment recommendations. The information contained herein is not intended to be used as the basis for investment decisions and should not be construed as advice intended to meet the particular investment needs of any investor. The information contained herein is not a representation or warranty and is not an offer or solicitation of an offer to buy or sell any security. To the fullest extent of the law Tag The Flag LLC dba The Street Sheet our specialists, advisors, and partners will not be liable to any person or entity for the quality, accuracy, completeness, reliability or timeliness of the information provided, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information provided to any person or entity (including but not limited to lost profits, loss of opportunities, trading losses and damages that may result from any inaccuracy or incompleteness of this information). Stock market investing is inherently risky. Tag The Flag LLC dba The Street Sheet is not responsible for any gains or losses that result from the opinions expressed in newsletters, publications or presentations, including web content that it publishes electronically or in print. We strongly encourage all viewers to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/or the Ontario Securities Commission (β€œOSC”) at www.osc.gov.on.ca. Pacaso is a client of Dealmaker who has contracted Tag The Flag LLC dba The Street Sheet. Through Dealmaker, Pacaso agreed to pay Tag The Flag LLC dba The Street Sheet a one-time $10,000 in exchange for this advertisement, sent to its subscribers. Programs provided to subscribers and Companies by Tag The Flag LLC dba The Street Sheet are designed to help small-cap companies communicate their investment characteristics. Tag The Flag LLC dba The Street Sheet investor awareness services include newsletters, publications or presentations, including web content.

Reply

or to participate