Here's the old news... Google acquired Fitbit for $2.1B. Here's the new news: Facebook wanted Fitbit too, and was just $10M short of Google's winning bid. The failed attempt shows that one of Big Tech's next battles is over your body's data. Apple has its Watch, Google has its own new wearable, and Facebook may have to build up from scratch.
The tariff war hasn't felt real for us... but it's really real for Dollar Tree. Revenues rose last quarter for the 15K-store chain, but its costs grew faster because of tariffs it pays for the Made in China plastic-anything it sells — the stock plummeted 19% lower in 1 day on that news. On December 15th, a fresh round of tariffs is scheduled — this time on the other half of things from China (which have so far been tariff-free) like electronics, shoes, and other stuff on your wishlist.