2026 | Wall Street Memes

This story is genuinely insane.

Changham Kim (AKA Kim Chang-han) is the CEO of a South Korean video game publisher called Krafton. Krafton has put out numerous titles, but their flagship game is PlayerUnknown’s Battlegrounds (PUBG). Back in 2021, Krafton bought Unknown Worlds Entertainment, the developer behind the insanely successful Subnautica, for $500 million.

Last year the team were ramping up development on the hotly anticipated Subnautica 2 when internal projections predicted the game would hit the needed targets to trigger a massive $250 million earnout for the dev team (as agreed when they first bought the company).

Kim freaked out and turned to his lawyers, seeking to get out of the deal. His lawyers responded saying there was nothing he could do and in fact trying to back out or firing the devs would obviously look bad and might even be illegal.

But Kim ignored them and turned to everyone’s favorite sycophant: ChatGPT.

OpenAI’s LLM pushed back at first but when pressed, suggested Kim form “an internal taskforce, dubbed Project X.”

Following ChatGPT’s advice, Kim locked out the devs from their own Steam page in an effort to delay the game’s release.

Then Kim went full ham and just straight up fired the dev team without cause.

Obviously this triggered a lawsuit in which all of Kim’s ChatGPT logs came out and a Delaware court ruled that the dev team be reinstated and Krafton still has to pay the $250 million earnout.

Oops.

So if there’s a moral to this story it’s maaaayybe don’t lean on ChatGPT for legal advice, especially with a quarter of a trillion and a lawsuit on the line.

It’s unclear though if Changham has learned his lesson as, of the time of writing, it seems that Kim is somehow still the CEO of Krafton… and Subnautica 2 is still delayed.

ChatGPT could not be reached for comment.

A THOUSAND Disney employees have just been fired as the new CEO seeks to streamline operations, particularly in Marvel (comics and studios) as production output has been reduced significantly.

Here’s the full report from Variety:

Disney is making layoffs this week to “streamline our operations” in various parts of the company, CEO Josh D’Amaro said in a memo to employees Tuesday.

The media company is eliminating about 1,000 roles, primarily as a result of Disney’s formation of a consolidated enterprise marketing division under the leadership of Asad Ayaz, chief marketing and brand officer, a source familiar with the situation said. The cuts will span marketing functions across Disney’s studios, TV networks, ESPN, product and technology, and corporate groups, the source added.

D’Amaro, in his note to employees, said the unified enterprise marketing and brand organization is “designed to serve consumers in an even more connected way.”

“Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney,” he wrote in the memo. “Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs. As a result, we will be eliminating roles in some parts of the company and have begun notifying impacted employees.”

“I know this is hard,” D’Amaro wrote. “These decisions are not a reflection of their contributions, or of the overall strength of the company. Rather, they reflect our continual evaluation of how to more effectively manage our resources and reinvest in our businesses.”

Disney reported having about 231,000 full- and part-time employees as of September 2025 (the end of its fiscal year).

It’s the first big restructuring action under D’Amaro, who took over as Disney’s CEO on March 18 from Bob Iger. D’Amaro was previously the chairman of Disney Experiences.

Read D’Amaro’s memo about the job cuts:

Dear Fellow Employees & Cast Members,

We have experienced a great deal of change these last few years, both at the company and across our industries. Knowing firsthand how these moments can bring uncertainty, I want to be open about some difficult news that will be communicated this week.

In January, we announced our unified enterprise marketing and brand organization, designed to serve consumers in an even more connected way. Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney. Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs. As a result, we will be eliminating roles in some parts of the company and have begun notifying impacted employees.

I know this is hard. Those that will be leaving us have done meaningful work here and care deeply about this company. These decisions are not a reflection of their contributions, or of the overall strength of the company. Rather, they reflect our continual evaluation of how to more effectively manage our resources and reinvest in our businesses.

Compassion and respect remain at the heart of our company. As we move forward through this transition, our priority is to support those impacted and help each person navigate what comes next with resources, guidance, and direct support.

Despite these difficult decisions, I remain optimistic about where we’re headed as a company. I’m deeply grateful for all of your contributions and for the dedication, professionalism, and care you bring to your work each day. Even in challenging moments, you continue to demonstrate what makes Disney so special.

Josh

Surprise, surprise: it’s inflation.

Inflation means everything is more expensive, specifically rent is up nearly 50% from last year and clothing costs are up more that 25%. Those two factors alone are massive reasons why raising a child is so expensive now.

But it’s not the biggest cost in growing a human being

Childcare is by far the largest expense for families with kids under 5, which makes sense I guess, but then why is looking after children really expensive for some people but other people get paid to do it?

All of these stats come from a recent study from LendingTree (whatever the f that is) which broke down all the average costs state by state. Click on this article where I’m getting all this information from. It’s pretty cool, they’ve got an interactive map and you can see in which state it costs the most to raise a kid to 18.

Turns out Hawaii is the most expensive and New Hampshire is the cheapest. Who knew?

But on average the cost of raising a child to 18 is $303,418, up 1.9% from last year. (Sorry, should have been clear, that 27.8% in the title is compared to 2023, bit misleading there…)

As Matt Schulz, chief consumer finance analyst at LendingTree and co-author of the study, explains, “Inflation is just taking a toll, clearly, on people, and it’s certainly one of the reasons why we saw such significant growth here.”

“A few states and even areas within various states are what are called ‘childcare deserts,” where there’s just not nearly enough supply of daycare and child care centers to keep up with the demand for it,” Schulz explained. “So what happens is that the ones that are there—and especially the really good ones that are there—can charge basically whatever they want to charge, and it ends up driving up the rates quite a bit.”

“It’s a real challenge for people who really need the help,” Schulz said. “As much as we wish that people had a relative or a trusted friend that they could lean on for that sort of thing, a lot of people just don’t have that choice, so they have no other choice but to pay whatever they need to for daycare.”

“It just turns a really challenging situation into an almost unmanageable one for people, and that’s why we see so many people factoring in finances when it comes to deciding whether to start a family or how many kids they might have.”

“As much as we wish that we didn’t have to to think about the cost of being a parent, you’re doing yourself and your family a bit of a disservice if you don’t, because there are very, very few among us who, for for whom the cost of raising a child is not significant,” Schulz said.

It’s Diet Coke. Of all the things…

Millionaire hack Mehmet Cengiz Oz (M.D.) recently appeared on Donald Trump Jr’s podcast and in a throwaway joke, Dr. Oz said that President Trump will, “First start off with candy bars, that little candy jar, he’ll call it. He’ll hit the red button. And then comes the diet soda pop, which your dad argues that diet soda is good for him because it kills grass if poured on grass, so therefore it must kill cancer cells in the body.”

Don Jr. laughed along so it was clearly a joke, but Dr. Oz continued, “I’m not even going to argue this right now. You know, we were on Air Force One the other day, and I walk in there because he wants to talk about something, and he’s got … an orange Fanta on his desk. So I say, ‘Are you kidding me?’ And he starts to sheepishly grin. He goes, ‘You know, this stuff is good for me. It kills cancer cells. And then he tells me, ‘It’s fresh-squeezed. So how bad could it be for you?’”

Technically, Trump is on a diet if he drinks Diet Coke.

It’s hard to feel sorry for a TV doctor who’s made millionaires but I do feel a little bit sorry. Mehmet is still a medical professional and I can only imagine trying to make the population healthier when Trump so pro coke.

But hey, Trump’s got some admirable dietary qualities, as his son explained, “He doesn’t drink, he doesn’t do drugs, he never did, never tried it. So, he always jokes, when he pushes that button for the Diet Coke and the candy, the big bowl of candy, he’s like, that’s my alcohol.”

Yeah, I think you just might be on to something there. Maybe everyone needs a vice and sugar is clearly Trump’s.

POINT IS don’t quit the chemo just yet, guys, diet coke is not a cancer cure. It was a joke. A JOKE.

Look, this is good news really, I know philosophers are often seen as useless, but when big tech has dived in headfirst into maybe the most complex moral and existential waters humanity has ever faced, it seems insane in hindsight that they didn’t think to hire a lifeguard.

But then on the other hand to some extent it’s more AI hype, like, AI is not conscious, it’s not intelligent and hiring a philosopher could just be a marketing strategy to signal to investors that yeah, we’re on the brink of human-level intelligence here.

But hopefully this is an exception, because if anyone needs a philosopher on board it might be the morally suggestible ChatGPT.

The philosopher in question is Henry Shevlin, former associate director at the University of Cambridge’s Leverhulme Centre for the Future of Intelligence.

Writing on LinkedIn Shevlin said, “It’s a rare privilege to work on questions I’ve spent my career thinking about, now with the resources and urgency that come with being inside one of the world’s leading AI labs.”

So, why is this terrifying? Well, I guess the placement implies AI is super sophisticated and needs reigning in by a philosopher. But that could all just be hype.

Donald Trump posted an AI-generated picture of him as Jesus, sorry, a doctor, sorry, Dr. Jesus, which isn’t a problem because it was him as a doctor, but then he deleted it, not because it was a problem, but because people misunderstood it. HE WAS CLEARLY A DOCTOR GUYS.

In the image Trump, dressed as Jesus and glowing like Jesus is seemingly healing people like a doctor so honestly it could go either way.

Speaking outside the White House, Trump said, “I did post it and I thought it was me as a doctor and had to do with Red Cross. It’s supposed to be me as a doctor, making people better. And I do make people better. I make people a lot better.”

Anyway, no matter his intention it turns out that implying that you’re Jesus isn’t very Christian because, you know, Jesus is Jesus, not Dr. Jesus. Many people were upset with the posting and spoke out against the image.

For example former Vice President Mike Pence said in an interview, “I think the president was right to take that one image down and his ongoing argument with Pope Leo.”

In any case, maybe it’s true. Maybe Trump is Jesus… And if prediction markets are anything to go by, a lot of people are wondering if that’s true. A number of bets have been placed that Donald Trump will be shortly revealed to actually be Jesus after all, like the worst episode of Scooby Doo.

But what do you think? Is Trump Jesus? Let me know by telepathically sending me your opinions.

Oh, sorry, we’re just talking about the cartoon movie here, not the James Cameron, blue aliens one. Was that not clear? Hey, don’t blame me I didn’t name two fantasy franchises the exact same name…

Anyways, yeah, this is the story that the upcoming Nickelodeon movie based on that cartoon TV show called Avatar (that I thought everyone had moved on from) just got leaked, maybe from a hack.

Sorry, sorry, I know you’re still confused, so just to make it clear, we’re not talking about Avatar: The Last Airbender (2005), Avatar: The Last Airbender (2024), Avatar: Seven Havens (2027), The Last Airbender (2010), Avatar (2009), Avatar: The Shape of Water (2022), Avatar: Fire and Ash (2025), no, we’re talking about Avatar: Aang, The Last Airbender (2026).

It’s a cartoon movie sequel to the original TV show and it’s not out yet but two clips have been posted to social media well before any official material has been released.

Claiming credit is a hacker group named PeggleCrew and a leaker called @ImStillDissin who says that Nickelodeon accidentally emailed him the full movie and script. So I guess this was a phishing scam then?

The clips have since been copyright striked and taken down but not before Mr. Dissin could issue a threat for Paramount (Nickelodeon’s parent company) to release a trailer or else he’ll “I’ll livestream the entire movie alongside some Peggle Deluxe gameplay.”

So we’ll just have to wait and see if the threat is hollow or not or if Paramount capitulates but probs they’ll just ignore this publicly and have some lawyers on it in the background.

Paramount could not be reached for comment.

Probs not.

In one of the most bearish calls against Tesla stocks (and shares), JPMorgan analyst Ryan Brinkman (lol) just warned that the EV car stock could fall as much as 60%.

Yep, we’ve been here before. Tesla has just been under delivering and overpromising, missing its sales targets by over 50,000 units. Now its global unsold inventory has reached 164,000.

For all the talk of the AI bubble bursting, here’s a little mini one right before our eyes. Because Tesla’s always been overhyped and underdelivering. And now with the removal of the EV tax credit and mounting competition from China, it’s no wonder Elon’s doing the frantic U-turn to AI and robotics.

Tesla? You Betcha

So, will Elon Musk “back down” from his current trajectory of pioneering technologies, defying traditional valuation metrics, and occasionally causing multi-billion dollar swings with a single emoji?

Market consensus suggests that this is about as likely as a hedge fund manager admitting they were wrong about Gamestop.

“Asking Elon Musk to ‘back down’ is like asking the ocean to stop being wet,” commented Dr. Minerva Quibble, Professor of Technosocial Dynamics at the University of Unquantifiable Metrics. “His valuation model isn’t based on EBITDA; it’s based on sheer, unadulterated narrative momentum and the future utility of memes. JPMorgan is operating in 3D chess, but Elon is playing 5D quantum Go Fish.”

Meanwhile, Barty Giltedge and his team are reportedly updating their model, factoring in the newly discovered variable of “Inu-Astronautical-Market-Sentiment.” Their new price target, subject to change based on the weather in Boca Raton, Florida, is expected sometime next week, provided the abacus doesn’t run out of beads.

User-generated content.

Ok so this story comes from the highly reputable source, ‘HipHopGamer’ who claims to have an in with Rockstar and will happily do some of their marketing for them with a healthy does of wild speculation.

Mr Gamer says that Rockstar is building an in-game ecosystem and marketplace for players to buy and sell assets they’ve created, allowing real people to make real money in the virtual Vice City.

“There’s things in Grand Theft Auto that I know for a fact, because I got a chance to party with Rockstar, literally,” said HipHop. “This game will produce millionaires. We’re living in a time where UGC is a major thing. It’s wise and it’s worth the wait.”

Don’t know why he speaks like that but OK.

So yeah, this could easily be BS but there’s a chance that HHG is right and GTA6 will have a sort of Roblox/Second Life style internal economy. Could be crap though.

I mean, these games often have an insane amount of features stuffed into the game that you don’t really end up using. Like, did anyone even like the hiking minigame in GTA5?

But even if GTA6 won’t make regular people millionaires it’s certainly going to make some millionaires at Rockstar what with it being maybe the most anticipated video game of all time.

Crabs.

It’s a crazy time we live in, huh?

Iran is planning to require ships passing through the Strait of Hormuz a toll in Bitcoin in what would be a major move away from the US’s control of the economics of that area for now maybe.

Bitcoin is obviously up following the news, rising above $72,500. Maybe Trump’s massive investment into Bitcoin was him playing 4D chess all along.

It’s a big deal because people are talking about how America has this leverage over the global economy because the dollar is the reserve currency. Obviously places like Iran and China don’t want that and now Iran’s holding all the cards they have the political sway to kneecap the dollar.

Here’s an idea though. Maybe rather than Bitcoin or dollars or yuan, why don’t we try something else, why don’t we use buttons?

Now here me out.

Firstly, everyone has buttons, everyone owns buttons so you’ve got a good supply there. They have a practical usage as well because they hold up my pants which dollars don’t do so you’re already winning there.

Buttons already look like coins so you won’t be needing to change slot machines or anything like that.

Buttons have holes in the middle so if you wanted to you could tie them together and keep your money safe like that.

Buttons are much lighter than coins or gold so you can have fun with them there.

Buttons come in all sorts of shapes and sizes so that’s more fun for you there.

Anyways, yeah, what I’m saying is we should go for the petrobutton. Iran should be demanding buttons not Bitcoin. It’s the currency of the future.

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