Kids’ Weekly Stock Allowance

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Happy Thursday, Future Party. If you’re an owner of any of Meta’s smartglasses and tried to fiddle with the recording light, there’s some bad news for you — the company just bricked your device, rendering its camera inoperable. After facing global pressure over people using the glasses to secretly record others (Norway called them “pervert glasses”), Meta knew it had no choice but to treat the situation seriously. In case you needed a reminder: yes, the terms of service even apply to wearables.

Parents are opening joint brokerage accounts with their kids to give them investment knowledge from an early age.

Why It Hits: Day trading, long-term investing, and public markets have sparked the interest of everyday people in recent years, especially as digital platforms have made it easier to get involved. As a generation of millennials approaches middle age without the assets it expected to have, it wants to ensure that its kids don’t suffer the same fate… especially as the economy transforms under their feet.

Behind The Investment: Forget a cash allowance when you can have a stock portfolio, according to Bloomberg.

Closing Balance: The best investing happens by leveraging time, which is why a Schwab survey found that 73% of parents said it was “very important” for teens to learn about it.

But what’s more surprising is that a lot of teens already understand the importance of investing, with that same Schwab survey finding that 59% were “aware” of the practice before turning 13. That’s a huge difference from their parents — only 6% could say the same.

Maybe the kids really are alright.

Next Holiday: With teens reportedly showing a preference for blue-chip company stocks, some Fortune 500 companies may start gearing their marketing toward Gen Alpha.

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MrBeast’s new book, released yesterday, is the gateway to a challenge with a $1 million cash prize.

The Big Picture: The experience economy is slowly transforming into the challenge economy — one where active participation becomes crucial to fully enjoying a piece of art or event. MrBeast’s entire ecosystem is based on that idea, so bringing it to his first-ever book seems like a no-brainer in hindsight.

Between The Pages: The Most Dangerous Games, which MrBeast co-wrote with bestselling author James Patterson, is a bit of a game in itself.

Last Chapter: It shouldn’t come as a surprise that there’s a cynical reason why MrBeast included the challenge in his book — it needs all the help it can get to sell. According to data from Semafor, preorders were only in the four figures. That’s pretty dismal for a book from Patterson and the biggest creator there is (approximately 6% of the world’s population follows MrBeast).

The opportunity to win $1 million for closely reading the book is sure to get a sizable fraction of the creator’s 515 million subscribers to make a purchase — it’s currently #1,878 in new releases across all genres on Amazon.

Hey, according to MrBeast himself, The Most Dangerous Games “might be the first book they actually read.” The jury’s out on whether that’s the vote of confidence he intended it to be.

Prediction: Prepare for The Most Dangerous Games breakdown videos to take over your feed — a bit like a digital search for Willy Wonka’s Golden Ticket.

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35.5% of you voted No — I’d rather GTA stay a video game in yesterday’s poll: Would you be interested in a film or TV adaptation of Grand Theft Auto, even if you’ve never played the games?

“I’ve worked in video games for 20 years. GTA is special because it’s an outlier and doesn’t chase trends. It doesn’t need a film or TV series. It’s bigger than either of those mediums.”

“I am not a gamer and haven’t played GTA, but I’ve watched other video game film and TV adaptations and enjoyed them. Although, I don’t think it would be as good as Fallout or The Last of Us.”

“Always wanted to see Vice City as a movie.”

“I’m surprised they haven’t done it already.”

“I think it would be extremely interesting, and if done right, it could be a hit!”

Let’s keep the conversation going. Join Poll Of The Day, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

⚾ Billionaire Stan Kroenke has bought the Los Angeles Angels in a record $4 billion deal for the MLB.

🎮 Xbox’s new disc-to-digital service is reviving some delisted games, like Rock Band 4 and TMNT: Mutants in Manhattan.

🫡 The Saturday Evening Post is sunsetting after an amazing 205-year run.

👕 WHP and G-III have finalized their $925 million acquisition of Marc Jacobs.

👟 Japanese brand NÒMARHYTHM TEXTILE and Jordan Brand are collabing on a capsule collection.

👔 Dressing preppy is making a surprising comeback.

🤳 Filmmaker M. Night Shyamalan has launched a YouTube channel to dig into the making of his past movies.

📱 Big week for microdramas: Kevin Hart’s Hartbeat is making them for aTwist, while David Oyelowo and Nate Parker’s Mansa Studios is taking its talent to TikTok.

👀 X users are getting attacked by hackers following the rollout of X Money. Yikes.