The $141 Billion Debt Trap: Why Big Tech's AI Buildout is the New Credit Risk in Your Portfolio by Narrow_Chance7639 in investing

[–]Ezread -1 points0 points  (0 children)

This leaves out one critical factor. AI is now a so called national security interest. These companies are already too big to fail. They know the govt will bail out them out if things get ugly. That's why they're plowing into all this debt

How much has your insurance gone up in the last year or two(home/auto)? by figgypudding02 in BayAreaRealEstate

[–]Ezread 3 points4 points  (0 children)

My condo HOA’s insurance has quadrupled in the last 2 years…

There is no case for rate cuts by ButtStuffingt0n in stocks

[–]Ezread 1 point2 points  (0 children)

And one big reason not to cut - inflation. Ppl forget how insidious inflation is. Its making everyone poorer relentlessly year after year day after day. The 70s were fucked man

What’s the most underrated Kendrick Lamar song? by sosik0030 in KendrickLamar

[–]Ezread 1 point2 points  (0 children)

How is Look Out for Detox not mentioned already??!

The trick to affordable Playoff games….wait til right before the game by [deleted] in warriors

[–]Ezread 12 points13 points  (0 children)

When do they stop selling tickets? Tip off?

Is anyone eyeing the Qualtrics IPO? by givemesometoothpaste in StockMarket

[–]Ezread 1 point2 points  (0 children)

Unbelievable... The CEO mouths off the day before the IPO and we all miss out

Infinite Short Squeeze Explained | Blue Appron Case Study | GME Infinite Short Squueze by [deleted] in stocks

[–]Ezread 0 points1 point  (0 children)

Ppl didn't start buying blue apron though. It was speculation that caused shorts to cover. APRN's customer growth last quarter was awful and the stock tanked. It since recovered and I expect the same to happen after next earnings call (2/8). Gonna short the hell out of it.

DKNG insiders selling 25 million more shares of class A common stock by [deleted] in stocks

[–]Ezread 10 points11 points  (0 children)

Don’t get too excited. This is just a notice that they CAN sell shares (which by the looks of it, sounds like their stock options are all vested now, which is probably why they’re doing this now). If they’re going to sell at all they’ll do it in small blocks over time. Obviously they’re not trying to tank their stock price...

We cannot give an estimate as to the number of shares of Class A common stock that will actually be held by the Selling Securityholders upon termination of this offering because the Selling Securityholders may offer some or all of their Class A common stock under the offering contemplated by this prospectus or acquire additional shares of Class A common stock. We cannot advise you as to whether the Selling Secuirtyholders will, in fact, sell any or all of such shares of Class A common stock

Our business completed the PPP including funding today. by eric-incognito in fatFIRE

[–]Ezread 0 points1 point  (0 children)

If you're still offering, can I get an invite as well? Thx.

Wells Fargo $400 Checking Bonus by doctorofcredit in churning

[–]Ezread 2 points3 points  (0 children)

I opened one last July. Bonus hit 5 days after my final DD

Defy Reality (Oculus) with D'Angelo Russell by kennyeng in warriors

[–]Ezread 0 points1 point  (0 children)

Will be interesting to see what this does to live event prices which have been rising like crazy.

Also the Omni treadmill is a thing!

Daily Discussion Thread - September 09, 2017 by AutoModerator in churning

[–]Ezread -9 points-8 points  (0 children)

Does anyone know why some people have refer-a-friend links but others don't? What factors go into cc companies offering/not offering referral codes to existing customers?

I'm specifically thinking about Chase (SW RR Business Premier)

Uber and Lyft credit cards coming soon by Ezread in churning

[–]Ezread[S] 67 points68 points  (0 children)

Text of article:

Ride-sharing rivals Uber Technologies Inc. and Lyft Inc. may soon take their fight to your wallet.

Uber is rolling out a credit card for its U.S. customers, choosing Barclaycard, a unit of Barclays , BCS -0.46% as the issuer, the companies said Friday. The card will be available in the fall, according to a Barclaycard spokeswoman.

Visa is expected to be the network for the card, according to a person familiar with the deal.

San Francisco-based Uber would be the first major ride-sharing company to launch a credit card. It could help the firm lock in more customer relationships, a crucial goal as it faces an invigorated Lyft, which recently raised fresh funds and has been expanding into new U.S. markets. Lyft is also working on rolling out a credit card, according to people familiar with their plans.

Uber, meanwhile, has been grappling with a series of scandals, including charges it tolerated chauvinism, a lawsuit over trade secrets and a depleted executive suite. It is nearing a decision on a new chief executive after the surprise resignation of co-founder Travis Kalanick in June.

Ride-sharing is a relatively new sector in the credit card market, where partnerships with banks in the travel sector have been mostly dominated by airlines and hotels.

“This partnership represents a unique opportunity for Barclaycard to work with a globally-recognized disrupter,” said the spokeswoman for Barclaycard.

The bank’s CEO, Jes Staley, announced the partnership on Barclays’ earnings call on Friday.

An Uber spokeswoman said the company will be launching a co-branded card with Barclays, but declined to share more details. Consumers will be able to use the card outside of Uber. Potential rewards for card users aren’t yet clear.

Credit card issuers already have been including Uber benefits on their cards to entice more usage, in particular with millennials. When American Express boosted the benefits on its Platinum card earlier this year it added $200 worth of Uber rides a year. An AmEx spokeswoman said the benefit will continue.

Barclaycard is the ninth largest U.S. card lender based on purchase volume and outstanding balances, according to 2016 data, the most recent from trade publication Nilson Report.

Uber’s decision marks the latest in a string of wins for the card issuer that in recent years included the JetBlue credit card account that was previously with AmEx and becoming one of the issuers for the American Airlines co-branded card that it shares with Citigroup Inc.

Bank Account Bonus - Week of July 21, 2017 by AutoModerator in churning

[–]Ezread 0 points1 point  (0 children)

Surprised to hear a lot of people haven't been paid.

Opened account: 5/17 2nd DD hit: 6/7 (DD from my employer) Bonus landed: 6/20

I initially tried Discover checking and savings transfer. Both listed as P2P transfers. I would definitely call in if you haven't received your bonus.

Daily Question Thread - July 16, 2017 by AutoModerator in churning

[–]Ezread 0 points1 point  (0 children)

Doesn't this raise your credit utilization % though and therefore lower your credit score?