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Weekly Market Insights

By 
Eve Halimi

TLDR

TOP NEWS

Netflix & chill with ads

  • Netflix unveiled its new “Basic with Ads” tier, priced at $6.99 / month. This is a $3 discount to the prior cheapest plan, and will include 4-5 minutes of ads per hour of content.
  • Netflix told shareholders in 2019 that remaining ad-free was a “deep part of our brand proposition” - so why the shift?
  • The company saw its first subscriber drop in a decade in Q2, and faces competition from both Hulu (starting at $6.99 / month) and Disney +’s ad-supported tier coming soon.
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Mark in the Metaverse

  • Meta unveiled its new VR headset - the Quest Pro, a $1,500 device positioned as a laptop alternative for working professionals.
  • Mark Zuckerberg was joined in the announcement by Microsoft CEO Satya Nadella, who discussed integrating Teams into Meta’s VR headsets.
  • If adopted broadly, the Quest Pro would be the first VR “moment” for everyday workers.

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PLAYLIST OF THE WEEK

Inflation = playlist of the week

Our Playlist of the Week [inflation] by Samuel Attal created in August 2022.

COMMUNITY UPDATE

Our new episode "How the CEO of Sequin started her company to give women the credty they deserve and raised $5.7M | Vrinda Gupta" is now live

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Check it out here on Spotify & Apple Podcasts, be sure to follow & rate.

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Let's Talk Money podcast by Alinea

INVESTOR OF THE WEEK

"I have felt more confident and in more control over my investments since I started using Alinea. This is not my first time investing, but I don't feel intimidated using this app like I did in the past with other apps. It has given me the confidence to be more aggressive with my investing strategy."

Get to know our investor of the week! @mplatt

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