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Robo-Taxi Nightmare, Grand Theft Auto VI Coming Soon and Robinhood Gets Clobbered

Anna's Daybreak News

Good morning news friends! Today we will see how crypto ruined Robinhood’s quarter, learn about a robo-taxi nightmare story and get ready for Grand Theft Auto VI.

Robinhood's Rocket Ride Ruined: Crypto Collapse Clobbers Stock

Trading villain Robinhood Markets Inc. took a leap of faith but landed flat on its face as revenues came crashing down, leaving stock prices in the dust.

The company fell short of revenue expectations by posting a mere $467 million in total revenue, shy of the projected $478.9 million.

This disappointing stumble, representing an 11% drop in transaction-based revenues from the previous year, can be traced back to the sharp 55% nosedive in crypto notional volumes.

In retrospect, it seems Robinhood was banking on crypto to be its golden goose. Well, unfortunately for them, this goose appears to have laid some lead eggs this quarter.

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Amazon's Prescription for Prime Members: $9-a-Month Medical Care

Amazon is adding another irresistible perk to its Prime membership, it's now serving up primary health care services for a mere $9 a month.

This comes as part of the ecommerce giant's acquisition of One Medical, a platform that offers 24/7 virtual care, swift attention for common concerns, and same- or next-day appointments.

In a further sweet deal, Prime members can now enjoy One Medical's services for a cut-price of $99 annually, leaving others to pay the full $199.

The swift move into primary care comes off the back of research underscoring its immense value to community health and patient outcomes but also the alarming projected shortage of primary care physicians by 2033.

So, as Amazon continues to gobble up industries, we'll simply add primary care to its ever-growing menu.

Hold on to your reflex hammers, doctors, the Amazon transformation package might just be heading your way. Perhaps the only thing standing between us and an Amazon-branded future is whether they can start delivering newborns as efficiently as they do our online orders.

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Cruise Control Chaos: GM’s Robotaxi Ruckus Leads to Nationwide Recall

General Motors' autonomous car unit, Cruise, has announced an unexpected recall of 950 driverless cars across the US following a terrifying incident: a pedestrian being horrifically dragged during a car crash involving one of its robotaxis. Yikes!

The resulting public outrage led to the California DMV revoking Cruise's license to operate; quite a significant blow for a company that touted safety as its watchword.

The recall reveals a potential flaw in Cruise's Automated Driving Systems' collision detection software, which may respond inadequately post-crash, choosing not-so-ideal actions like pulling over out of traffic when it should be remaining stationary.

To add fuel to the fire, this recall is hot on the heels of Cruise's nationwide operating suspension and amidst two federal investigations probing the safety of its cars.

Meanwhile, GM's shares have taken a tumble, falling 1.6% to $27.95. Poor Cruise is indeed in hot water, with more recalls looming over the horizon.

Maybe it's time for Cruise to recall its strategy and pause its race against Waymo to reach the robot car market? After all, what's the point of coming in first place if you're dragging pedestrians along the way?

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Grand Theft Auto VI Is Revving Up Its Engines

In a joyous revelation for gamers worldwide, Rockstar Games, the brainchild behind the renowned 'Grand Theft Auto' (GTA) series, has confirmed they'll be shifting into high gear with a much-anticipated announcement of 'Grand Theft Auto VI'.

The company, a subdivision of Take-Two Interactive Software, is reportedly set to drop a trailer for the game next month.

The news sent gamers' pulses racing and the company's shares up by 8% on Wednesday.

This Hollywood-esque hit parade is expected to coincide with Rockstar's silver jubilee celebration.

Experts are already predicting that the new title will be as explosive as a sticky bomb, set to generate billions in sales annually.

Expectations are running very high, the previous version of GTA was the best-selling game of all time.

Gamers should remember to fuel up their virtual cars, stock up on pixelated ammo, and prepare for a wild ride into the world of GTA VI - while it might not be real life, it's definitely going to feel like it.

Source: Read More

Baked with love,

Anna Eisenberg ❤️

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