What it's really like to be a woman in your 20s having sex with a man in his 60s: TRACEY COX reveals the truth about age-gap relationships where everyone assumes the woman must be repulsed by her partner
'All I can say is, he must be rich.'
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The Guardian
2 minutes ago
- The Guardian
From Krispy Kreme to GoPro, has meme-stock trading frenzy returned?
Shares in struggling retailers and ageing consumer brands surged, as amateur traders cast aside Wall Street's skepticism and mobilized online. It's like 2021 all over again. But the latest meme-stock rally could be even bigger than its predecessor four years ago, when investors piled into recognizable but unloved stocks, such as the video games retailer GameStop and the movie theatre chain AMC, according to the founder of the Reddit forum that helped whip up the frenzy. Retailer Kohl's, camera firm GoPro, fast-food chain Wendy's and doughnut chain Krispy Kreme each staged rapid rallies this week, driven by abrupt surges in trading volume reminiscent of the the meme-stock craze of 2021, when social media memes boosted a collection of struggling stocks, triggering extraordinary and volatile leaps in value. Actress Sydney Sweeney helped bring clothing retailer American Eagle Outfitters into the mania after it was announced the Euphoria and White Lotus star would front the brand's latest marketing campaign. The company's shares surged about 10% in trading on Thursday. Meme stocks are 'about to leap-frog in size and scope and scale, so that retail traders are going to redefine what matters', according to Jaime Rogozinski, founder of the wallstreetbets Reddit forum behind many of the volatile rallies. 'The world of finance is clearly changing, with blockchain technologies encroaching, and AI agents that trade on their own,' he said. 'And the collective of retail traders is adapting along with it.' Rogozinski founded wallstreetbets in 2012, but said Reddit ousted him as a moderator in 2020. His bid to sue the social media company for trademark infringement was dismissed by the US court of appeals for the ninth circuit last month. The forum's users home in on stocks and share their own research. 'It's a decentralization of power of who can be financial analyst,' said Noor Al, a moderator on wallstreetbets. 'Great ideas can now come from anyone, anywhere. 'We're seeing the power of retail push stocks, sometimes to the tune of billions of dollars, through the power of ideas, the power of community and the power of the people,' he added. The meme-stock craze of 2021, which produced stars such as Roaring Kitty, was a product of the Covid era, when many amateur traders were stuck at home and flush with pandemic stimulus cash. Whether this latest frenzy produces similar winners is not yet clear. Kohl's finished the week up 32%, GoPro was up 66% and Krispy Kreme was up 41%. The rallies show some investors are willing to take on more risk, as stocks scale record highs and the market, dominated by big tech, becomes harder to beat. Often, meme-stock bets are unbound from economic fundamentals, as investors move to support a brand for romantic or ideological reasons. Donald Trump's Trump Media & Technology Group, home to Truth Social, is valued at more than $5bn on quarterly revenue of about $1m. The wallstreetbets ethos 'has always to some extent been about flaunting and exploiting the ironies, relevance or irrelevance' of the stock market, said Rogozinski, who pointed to Wendy's, the hamburger chain, as a good example. 'Wendy's has always been a meme that goes back a decade. It brings a smile to my face, because on Reddit there's always been this thing where they say: 'Sir, this is a Wendy's.' 'It's an inside joke, and I don't even get where it started. It's just a meme,' he added. The stock's fleeting rise – it rallied 10% in two days, but finished the week broadly flat – shows some retail investors do not necessarily care about the typical factors that drive the market, such as tariffs and war in the Middle East. 'It's this ability for us to almost make fun of the financial system.' Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion Long-term institutional players will always get the last laugh, Rogozinski conceded, because prices will return to normal valuations. 'But in the short term there's lot of money to be had with this volatility, and the fact that stocks are able to move up and down with such ease is but a mere showcase for how the financial system needs a facelift in relevancy.' While current market conditions do not replicate the low interest rates and retail investor buoyancy of the Covid era, market records and a robust economy have made meme stocks attractive once again for some. 'You see all these indications where this is full-blown meme mania,' Brent Kochuba, founder of derivatives-data firm SpotGamma, told Bloomberg. 'The macro economic environment really favors the retail and speculative plays,' agreed Al. 'I think were only going to see more speculation and excitement. It's a good time to tune in, because retail players can react and provide insight faster.' Days traders are not necessarily bothered by a company's financial performance, said Rogozinski. 'You have this activist, elective investor who is saying, 'I don't care what the financial statements look like, I don't care what the discounted cashflow is, I like the food, I like the video-game store, I like the meme. So dude, you can go back to Excel spreadsheets if you want, but I really like the chicken tenders,'' he said. There is now a 'third component' to investment, beyond supply and demand, he claimed, 'which is, 'dude, I don't care if you think it's going to go up or not, or if they have assets or liabilities. I care about this company and I'm going to help it out. I'm going to go buy my jeans from American Eagle.''
Daily Mail
2 minutes ago
- Daily Mail
Travis Kelce's friend predicts stunning Chiefs trade that will see him ditch NFL retirement plans
Travis Kelce 's sports analyst friend Nick Wright has theorized that there could be one player to convince the Kansas City Chiefs star to play one more season in the NFL. While the tight end postponed his retirement plans this offseason to return to the NFL for the 2025 season, he hasn't yet been prepared to commit to suiting up for the 2026 season or beyond. However, Wright, who previously claimed he barely speaks to his pal Kelce since he began dating Taylor Swift, hinted this week that the footballer's future could hinge on a potential stunning trade. The sports podcaster claimed that controversial wide receiver Tyreek Hill could make a return to Kansas City next year, reuniting with Kelce and Patrick Mahomes for one last rodeo. 'I told you guys a year ago that I'm very excited for Tyreek Hill wearing a Chiefs uniform in 2026,' Wright said on his show, 'What's Wright? With Nick Wright'. 'Because I think that's going to happen. It's not going to happen this year but that I think is going to happen. 'And maybe that's enough to get Kelce to come back for one more year. A little final Tyreek-Kelce ride off into the sunset together.' Hill's current $90million contract with the Miami Dolphins runs through the 2026 season. However, his future with the Dolphins looked rocky throughout the offseason. The wide receiver's relationship with the Dolphins has been left in contentious shape after he repeatedly hinted at a move out of Miami with thinly-veiled jibes at the team and his teammates. And while Hill looks set to suit up for the Dolphins for at least the upcoming season, whether he will stay in the 305 beyond 2025 could be uncertain. Before signing with the Dolphins, Hill played six seasons in Kansas City after being drafted by the Chiefs in 2016. After sharing the field with Kelce for the first six seasons of his NFL career, the five-time First-Team All-Pro player previously insisted that the Kelce was the best tight end he played with. Kelce nearly retired after the Chiefs were destroyed by the Philadelphia Eagles in February's Super Bowl in New Orleans. The emphatic 40-22 scoreline actually flattered the Chiefs and Kelce's struggles to get open encapsulated a season where he failed to find his best form. He finished the game with four catches for 39 yards. The wide receiver spent the first six seasons of his career with Kelce and the Chiefs Following the defeat, Kelce was non-committal about his future, saying on his subsequent New Heights podcast he would 'take some time to figure it out.' But last month, while he was not prepared to give a definite answer on his NFL future beyond the upcoming season, he insisted that he was locked in for the looming campaign. 'I got one year on this contract, I know that,' the 35-year-old said Wednesday at the second of three voluntary practices. 'And we'll try to figure out something for next year,' Kelce said after the second day of the Chiefs' mandatory three-day minicamp, which was moved partially indoors because of lightning in the area. 'The Chiefs organization knows how much I love them. I can't see myself playing anywhere else,' Kelce continued. 'We'll deal with [2026] down the road, when the time is right. But right now, I'm focused on winning a championship this year.' Hill, meanwhile, cast his own NFL future into doubt after the end of the 2024 season when he appeared to hint at a move out of Miami. The wideout appeared to take himself out the team's final game of the 2024 season against the New York Jets , with head coach Mike McDaniel then denying Hill's claim that he was hurt and couldn't play. Then, speaking with reporters after the game, Hill was visibly unhappy at missing the postseason. 'This is my first time I haven't been in the playoffs, man,' Hill said. 'So I just got to do what's best for me and my family. 'I'm opening the door. I'm out bro. It was great playing here, but at the end of the day I gotta do what's best for my career because I'm too much of a competitor to be just out there.' Yet, while the 31-year-old, who is also in the midst of a bitter divorce from wife Keeta Vaccaro , has remained in South Florida as the Dolphins returned to training camp this week, it doesn't necessarily mean all is forgiven. 'When you say something like that you don't just come back with "My bad." You gotta work that relationship up. He is working on himself,' Dolphins quarterback Tua Tagovailoa told reporters Wednesday when asked about Hill's fiery comments. In addition to his cryptic Week 18 message, Hill courted further controversy during the offseason when he appeared to take a swipe at Tagovailoa himself. The receiver was asked by a fan on social media to rank the best quarterbacks in the league and he passed over his own signal caller, who missed parts of the 2024 season after suffering another concussion. Hill's picks were Ravens star Lamar Jackson, Josh Allen of the Bills, Chiefs icon Patrick Mahomes , Buccaneers star Baker Mayfield and Bengals signal caller Joe Burrow.
The Sun
2 minutes ago
- The Sun
Taylor Swift shoots ‘top secret music video in Los Angeles so covert even staff on set were not allowed to hear song'
TAYLOR Swift may be set to surprise fans with new music as she was filming in secret in Los Angeles this week despite her reported break from performing, The U.S. Sun can exclusively reveal. The singer has been enjoying some much-needed time off with boyfriend Travis Kelce after her record-breaking Eras Tour wrapped. 6 6 6 But fans have been hoping she could be set to release a new album in the coming weeks, noting that she has not gone a calendar year without dropping fresh tracks since 2016. The Instagram Taylor Nation, run by her social team, also fueled speculation they're counting down using her albums, which fans believe could conclude at the beginning of August. Now, an insider has claimed Taylor is definitely gearing up for her next chapter after more than 500 days. "Taylor was in Los Angeles on Thursday filming a new music video," an insider exclusively told The U.S. Sun. "It was so top secret that those working on set were not even allowed to hear the song, only the beat. "Even though she's been taking time off from touring and working a lot to spend time with Travis, there are still projects she's working on, which will no doubt please fans." The U.S. Sun has reached out to Taylor's rep for comment. Taylor's last release was The Tortured Poets Department, her eleventh studio album, which dropped on April 19, 2024, by Republic Records. SOCIAL COUNTDOWN Fans have been following Taylor's social posts desperate for information on the next era. One on X posted this week, "i absolutely NEED the feeling of pressing play on a new taylor album at midnight soon." A second wrote on the site, "i need a new taylor swift album right now i'm so parched." "I am so excited to see what this Taylor Swift countdown (or I guess count up?) leads to!!!" a third added. Taylor's next era comes after she bought back the rights to her first six albums, including music videos, concert films, artwork, and unreleased songs. This acquisition, reportedly costing $360 million, reportedly ended a long-standing battle for control of her master recordings when her former label, Big Machine Label Group, sold them to Scooter Braun's Ithaca Holdings. She alleged the deal went through without offering her the chance to purchase them. Scooter then sold the masters and all the rights to Taylor's tracks to Shamrock Holdings in 2020. Taylor, 35, confirmed in a statement that she now owns her back catalog once more. In a long letter, Taylor said, "All of the music I've ever made now belongs to me. All of my music videos. All the concert films. "The album art and the photography. The unreleased songs. The memories. The magic and the madness. Every single era. My entire life's work. MASTERS BATTLE "To say this is my greatest dream come true is actually being pretty reserved about it. "All I ever wanted was the opportunity to work hard enough to be able to one day purchase my music outright with no strings attached. "No partnership, with full autonomy. I will be forever grateful to everyone at Shamrock Capital for being the first people to ever offer this to me." In a post to Tumblr in June 2019, Taylor told fans that bosses refused to sell her masters to her unless she agreed to be locked into a new recording contract with them. Taylor wrote, "For years I asked, pleaded for a chance to own my work. Instead I was given an opportunity to sign back up to Big Machine Records and 'earn' one album back at a time, one for every new one I turned in. "I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future." Taylor vowed to take on the system and announced she would re-record her first six albums; Taylor Swift, Fearless, Speak Now, Red, 1989, and Reputation. Her last re-release was 1989, but she now doesn't need to re-record her album Reputation. During Taylor's work break, she has been spending quality time with her boyfriend Travis, 35. He shared a series of photos this week of their summer adventures, giving fans a rare glimpse into their relationship. Travis is now back in training camp with the Kansas City Chiefs ahead of the 2025 season. 6 6 6
