Michaels Stages a Crafty Comeback & Americans Don’t Read Anymore
Summary
Neil Freiman and Toby Howell discuss SK Hynix’s massive US IPO driven by AI chip demand and the structural challenges of converting the Pfizer building into apartments. They analyze Michaels’ revival under private equity owner Apollo, contrasting it with the decline in American reading habits. The episode concludes with Hasbro’s adult Play-Doh, Anthropic’s AI usage summary, and the passing of singer Bonnie Tyler.
Topics discussed
Vanguard Investor Choice ad
Intro, airport codes named after presidents, and travel plans
Altra Running shoes ad
SK Hynix IPO and the memory chip market boom
Manhattan office-to-residential conversion challenges
Stock of the Week: Michaels and private equity success
Sponsors: Evenring, Forkful, and Chevrolet
Is America entering a post-literate age?
Hasbro launches Play-Doh for adults
Anthropic releases 'Claude Wrapped' AI summary
Bonnie Tyler obituary and 'Total Eclipse of the Heart'
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