Stifel Bits

Summary

• Warren Buffett announced he is stepping down as Chairman of Berkshire Hathaway after more than 50 years.
• The Meta Muse app recorded 730,000 downloads within its first five days on the app store.
• Global sales of humanoid robots for industrial & professional service use reached 7,000 in 2025.
• The University of Miami paid over $6 million to acquire transfer portal quarterback Darian Mensah.
• Princeton held the No. 1 spot in U.S. News & World Report national university rankings for 15 years before MIT took the top position.
• Qantas Airbus A350-1000ULR jets will fly nonstop between Sydney & New York for up to 22 hours.
• The number of centenarians in the U.S. reached 80,139 in 2020, an increase from 53,364 in 2010.
• The Federal Reserve implemented a quarter-point rate increase & officials stated inflation remains a primary concern.
• Fed Chair Kevin Warsh noted inflation has been too high for too long.
• MTV's Video Music Awards attracted 8.43 million viewers across CBS & MTV, marking the largest audience in 11 years.
• Viewers aged 18-34 for the MTV Video Music Awards increased by 46% to 1.09 million.
• The New York Times published a list of the 100 best TV shows of the 21st century with Breaking Bad, The Wire, & Mad Men ranking in the top three.
• Joby completed a fully autonomous cross-country flight with a safety pilot onboard.
• Walmart entered the designer handbag market with a $5.97 rotisserie chicken purse.
• Apple is reportedly developing a screenless fitness tracker.
• Eli Lilly's GLP-1 pill for obesity, Foundayo, accounts for roughly one-third of new GLP-1 pill patients since entering the U.S. market in April.
• Dunkin' & L.L. Bean launched their first collaboration featuring a donut wall & coffee-scented merchandise.
• Netflix promoted its thriller "The Last House" by placing an actor inside a fully furnished billboard on Sunset Boulevard for three days.