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Saturday, February 24th, 2024
Good Morning! 🌞
In an intriguing incident in France, beekeepers observed their bees producing honey in unexpected green and blue hues. This phenomenon was linked to the bees' consumption of sugar from discarded M&M candy shells at a nearby factory.
The bees' attraction to the candy shells, while harmless in itself (and quite funny), points to a larger issue of environmental contamination and the need for sustainable waste management practices to protect and preserve natural habitats.
Today’s Upside
Economy
Lyft’s Good News Overshadowed by Mega-Typo
It's a well-known fact that typos can be embarrassing and frustrating, and as ride-sharing company Lyft recently discovered. They can also make people forget about the good news in a financial report.
Lyft's press release announcing its fourth quarter and full-year 2023 financial results, published before the company's call with investors, initially caused its stock to soar more than 60% after-hours, reaching a high of $19.70. However, the company's CFO, Erin Brewer, quickly corrected a crucial typo in the earnings call, stating that the adjusted EBITDA margin expansion for 2024 was meant to be 50 basis points (0.5%) instead of 500 basis points (5%).
This correction caused the company's stock to tumble, dropping to $14.05 by Tuesday evening and $12.13 in early morning trading on Wednesday, down 2.18% from the previous day's close.
Despite the disastrous typo, the financial report itself was quite positive. Lyft reported that gross bookings grew to $13.8 billion, a 14% increase year-over-year, while revenue grew to $4.4 billion, an 8% increase from last year. The company also had more riders than ever in its history, with 40 million people using the service, and it expected to generate positive free cash flow in 2024 for the first time.
"We've entered 2024 with a lot of momentum and a clear focus on operational excellence," said CFO Erin Brewer in the earnings call.
Unfortunately, the typo overshadowed the good news in the report, leaving many to wonder what could have been if not for the unfortunate mistake.
Entertainment
Marvel Reveals ‘Fantastic Four’ Cast
From Marvel Studios
Marvel Studios revealed the cast for its new "Fantastic Four" movie in a straightforward manner on Instagram. The Valentine's Day announcement introduced Pedro Pascal, Vanessa Kirby, Ebon Moss-Bachrach, and Joseph Quinn as the stars of the film. The post identified Pascal as Reed Richards (Mister Fantastic), Kirby as Sue Storm (Invisible Woman), Moss-Bachrach as Ben Grimm (The Thing), and Quinn as Johnny Storm (The Human Torch).
The film, directed by Matt Shakman, is set to release on July 25, 2025. Notable previous casts for "Fantastic Four" films include Jessica Alba, Ioan Gruffudd, Chris Evans, Michael Chiklis in 2005 and 2007, and Michael B. Jordan, Miles Teller, Kate Mara, and Jamie Bell in 2015.
World News
Lantern Festival
AP Photo: Misper Apawu
In the wintry darkness, the Lantern Festival emerges—an ancient Chinese tradition filled with lights and colors. Also known as the Shang Yuan Festival or Yuan Xiao Jie Festival, it occurs on the fifteenth day of the first lunar month, marking the conclusion of Chinese New Year celebrations.
This festival signifies the end of the old year and the beginning of the new one. Families gather to share meals, entertainment, and the lighting of lanterns. In the contemporary era, the Lantern Festival maintains its cultural significance in China and across the globe.
The Lantern Festival is celebrated through various traditions and activities:
Displaying Lanterns: Lanterns of diverse shapes and sizes, made from materials like paper, silk, and metal, are showcased in parades or displays.
Lighting Lanterns: People illuminate both handheld and airborne lanterns, with releasing lanterns into the sky symbolizing a symbolic transition from the past to the future.
Solving Riddles: Some lanterns feature riddles, adding a fun and interactive element to the celebration.
Eating Traditional Foods: Traditional foods such as yuanxiao (sweet dumplings), tangyuan (sweet rice balls), and other sweet treats are enjoyed during the festival.
Enjoying Performances: Traditional Chinese music, dance, acrobatics, and theater performances contribute to the festive atmosphere.
Fireworks Displays: In certain regions, elaborate fireworks displays are incorporated into the Lantern Festival, captivating people of all ages.
Check out this video of how lantern festival is celebrated!
Sports
WWE Elimination Chamber: Perth
WWE® Elimination Chamber is happening today, February 24 at Optus Stadium, Perth promising an evening filled with thrilling wrestling action. The Women's Elimination Chamber Match features top talents like Becky Lynch, Bianca Belair, and Liv Morgan, competing for the No.1 contender spot for the Women's World Title at WrestleMania.
Rhea Ripley faces Nia Jax in a colossal clash for the WWE Women's World Championship, setting the stage for a fierce battle between these formidable competitors.
The Undisputed WWE Tag Team Championship Match showcases Finn Balor and Damian Priest taking on Pete Dunne and Tyler Bate, promising high-stakes action and tag team mastery.
For Wrestling fans, tonight's WWE Elimination Chamber at Optus Stadium is a must-see. Prepare for a night of intense wrestling showdowns as the WWE brings its spectacle to the city, ensuring an unforgettable experience for all fans.
Hobbies Are Great!
Hobbies can truly add to our lives. This is not a revolutionary concept, but it is an important one. On our Social Saturday segment we will be featuring interesting hobbies you can try out.
If you don’t already have a hobby, or are just wanting to branch out and try new things, we got your back.
Today we are going to recommend a somewhat physical hobby, but it is still scalable to your level of fitness. The hobby is Pickleball.
Pickleball is a paddleball sport that combines elements of tennis, badminton, and table tennis. It is often played on tennis courts, though it is getting more and more common to see courts made specifically for the game. The court size is closer to badminton, which is smaller than a tennis court, with a net that is slightly lower than a tennis net. The game can be played as singles or doubles, just like tennis.
Pickleball is known for its accessibility to players of all ages and skill levels, promoting both competitive play and social interaction. It has rapidly grown in popularity, especially among communities looking for a fun, social, and active outdoor sport.
I personally have had a lot of fun playing pickleball the few times I have tried it. You can go as hard or easy as you want, which is a big upside for a lot of people.
There are many videos and webpages on how to play, we will place a short video below that covers all the basics.
One final thing to note, the main thing I have found that keep people from this type of hobby and sport is if they are worried about shoulder injuries. If you have any weakness or pain in your shoulder (or are worried about developing any), I would highly recommenced checking out the Knees Over Toes Guy on YouTube. I will drop his video on reversing shoulder pain down below. But he also has excellent videos on knee pain and other joints and week spots.
Mind Stretchers
⁉️
What is taken before you can get it?
Answers to yesterday’s Mind Stretchers:
Only one - the "last" one 😆
Albert Knox got the correct answer first!
Be the first to send us the correct answer for today’s mind stretcher for a shout-out with the answer tomorrow. Just send us the answer and your name to [email protected] or reply to the email.
From the Community
If you have any uplifting stories and experience you might want to share, send those over to [email protected] for the chance to be featured.
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