🥊 Mike Tyson vs. Jake Paul (by the numbers)

PLUS: McDonald’s $100 Million E. Coli Problem; Trump might screw Tesla.

Today’s market performance 🏆️

S&P 500: +0.39% 📈
Nasdaq 100: +0.71% 📈
Dow 30: -0.13% 📉
Russell 2000: +0.11% 📈

In partnership with

FROM OUR FRIENDS @ DECENTRALAND

New Decentraland desktop client for Mac and Windows

  • Enhanced avatars and social interactions

  • Improved performance and upgraded environments

  • New features: badges, daily quests, and mini-games

TOP STORY
🥊 Mike Tyson vs. Jake Paul (by the numbers)

📸 Getty Images

As you may have heard, either from social media or your TikTok-obsessed cousins, Jake Paul and Mike Tyson just faced off in the ring.

  • For several reasons, it was one of the most controversial boxing matches in recent memory.  

  • Tyson is retired at 58, while Paul is just 27 and arguably in the “prime” of his career. 

  • Damn, Jake really can’t fight anyone his own age?

I guess not, which is why many critics and viewers labeled the match a blatant cash grab.

Sponsored
The Female MaverickFrom Corporate Ladder to Female Entrepreneur: Unfiltered Wisdom on How to Start a Business as a Woman

📸 AP Photo

But hey, even if it was, it worked!

  • 60 million households tuned in, with streams peaking at 65 million, nearly half the Super Bowl audience.

  • 72,300 fans packed AT&T Stadium in Arlington, Texas.

  • $18 million was brought in from ticket sales, making it the largest boxing gate in U.S. history outside of Las Vegas, Nevada.

They better be cashing in.

💬 For comparison, the previous record at AT&T Stadium was $9 million for Canelo Álvarez vs. Billy Joe Saunders. 

Jake Paul and Mike Tyson each took home eight figures, according to Most Valuable Promotions (co-owned by Paul).

All right, so everyone was a winner, I guess.

Yup, it was an (almost) seamless fight, except for the streaming issues, which led to 95,000+ outage reports around 11 PM ET.

Nothing like paying for a front-row seat to watch pixels fight.

But still, despite the controversy and tech issues, Netflix emerged as the biggest winner in this fight, possibly redefining pay-per-view with streaming.

💬 The fight streamed in 6,000 bars and restaurants across the U.S., setting a commercial distribution record.  

📈 Netflix ($NFLX) stock is up +80.80% this year.

FOOD
🦠 McDonald’s $100 Million E. Coli Problem

📸 Food & Wine / Getty Images

Sh*t, what just happened? McDonald’s is reeling after discovering they had a bad case of E. coli. Gross!

The culprit? Slivered onions on the beloved Quarter Pounder. Noooo.

Yes, it’s true. Who knew fast food could be so unhealthy?

Anyway, here’s what we know: 

  • Over 100 people got sick across 14 states, lawsuits are piling up, and the CDC seems to think McDonald’s onions are the Typhoid Mary of this outbreak.

  • It looks like McDonald’s executives are really shedding tears over those onions 😭.

  • But now, as expected, McDonald’s is trying to fight back.

💬 Nationwide, McDonald's saw a 9% drop in visits shortly after the reported outbreak.

The outbreak led to a 1.5% drop in global same-store sales during Q3, surpassing the 0.6% decline anticipated by analysts.

📸 Erin McDowell / Business Insider

What’s in the $100 million plan? Mickie D's is dividing its response into two main buckets:  

  • $65 million for franchisees in the hardest-hit areas to help cushion the blow and support their recovery from the sharp decline in customer visits.

  • $35 million for marketing blitzes, including a 10-piece McNuggets deal for just $1 (down from ~$5.99).  

  • Nothing fixes a company’s reputation like cheap food and local ads.

Good news, though. 

McDonald’s says recent food tests show no E. coli, and Quarter Pounders with onions are back on the menu as of this weekend.

Germ-free burgers for everyone!

Sponsored
No Niche NewsletterI fail so you don't have to

📉 McDonald’s ($MCD) stock is down -8.04% this month

AUTOMOBILES
👀 Trump might screw Tesla

📸 Financial Times / Getty Images

Friendly fire! 

Elon Musk, arguably the world’s most famous EVpreneur, might suffer from a policy pushed by his own team.

That sounds good to me. Why cut it?

📸 Andrew Harnik/Getty Images

Trump’s cabinet sees the EV tax credit as part of Biden’s very costly clean energy policies.

They argue it unfairly favors EVs over traditional vehicles, which can harm the fossil fuel industries that Trump wants to protect.

Hmm, I'm not sure how to feel about profits over clean energy, but it’s hard to argue with the $$$.  

Regardless, wouldn’t this new rule hurt Trump’s right-hand man, Mr. Musk? Yes, it would. 

It’s no secret that Tesla dominates the EV market, but cutting federal subsidies could make EVs less affordable, which would slow growth and give gas-powered cars a solid chance to catch up.

Sponsored
Horton Barbell Daily WorkoutsGet in the Best Shape of your Life

📸 Anna Moneymaker / Getty Images

What can Tesla do? They can focus on cutting production costs to keep prices competitive and expand into new global markets.

But if I were on Tesla’s board, I’d be much more worried about how Musk plans to balance his role in Trump’s administration with his identity as the face of EV innovation.

📈 Tesla ($TSLA) stock is up +53.48% in the past month.

FROM OUR FRIENDS @ THE RUNDOWN AI

Learn how to make AI work for you.

AI won’t take your job, but a person using AI might. That’s why 700,000+ professionals read The Rundown – the free newsletter that keeps you updated on the latest AI news and teaches you how to apply it in just 5 minutes a day.

Reply

or to participate.