AI Ignites the Return of Bezos the Inventor

Consumer groups are calling for a boycott of major retailers Target, Amazon, and Home Depot during the holiday season, reflecting growing discontent among shoppers. This boycott is seen as a response to various issues, including rising prices and perceived corporate practices that do not align with consumer interests.

The article highlights seven influential Americans, including Eli Whitney and Ted Benna, who have significantly transformed the nature of work through their innovative ideas and inventions, such as the cotton gin and the 401(k) retirement plan. These contributions continue to have a lasting impact on various industries and labor practices today.

Former President Donald Trump criticized insurers involved in Obamacare, labeling them as 'fat and rich,' while investors perceive these companies as vulnerable amidst shifting Republican policies. This commentary reflects ongoing tensions regarding healthcare funding and the future of the Affordable Care Act.

Analysts have downgraded Microsoft and Amazon to neutral ratings, reflecting concerns that the generative AI boom may not replicate the success seen in the cloud computing sector. This decision comes amid weak economic fundamentals and high infrastructure costs, as noted by Redburn analyst Alexander Haissl.

A warning has been issued regarding counterfeit Amazon Fire TV sticks that are being sold online, which are linked to a significant increase in fraud cases among illegal streamers. Reports indicate that two out of five users of these modified USB sticks have experienced data theft and cybercrime as a result of their use.

An analysis of 5,000 calls reveals that CEOs perceive the impact of President Trump's tariffs as less severe than initially anticipated, despite ongoing concerns about trade policies. This suggests a level of adaptability among executives in navigating the challenges posed by tariffs.

Hedge fund billionaire Bill Ackman is reportedly preparing for a double public offering of his firm, Pershing Square Capital Management, as early as the first quarter of 2026, according to The Wall Street Journal. This strategic move is expected to enhance the firm's visibility and attract new investors.

This year's Thanksgiving feast is expected to be more affordable for consumers, with lower prices for turkey, stuffing, and cranberries, although sweet potato prices have surged significantly.