Netflix just lost $20 billion
and it's finally Met Gala time!
Good morning and welcome to Monday!
We’re kicking off the week with two very different kinds of drama: one from Wall Street, and the other from the red carpet.
Netflix just lost a whopping $20 billion in market value - yikes. Meanwhile, the Met Gala is back, and the fashion circus is in full swing.
So whether you're sipping coffee in a hoodie or planning your next billion-dollar pivot, we’ve got you covered.
Ready? Let’s scroll.
📌 Why did Netflix so much money?
Netflix just lost a whopping $20.4 billion in market value on Monday, which is basically the same as the entire valuation of Warner Bros. Discovery.
The crash came right after Trump floated the idea of tariffs on foreign films, but here's the kicker: no one really knows how that would even work. Unlike cars or clothes, movies aren’t physical goods; you just tax at the border, they’re services, tangled in global financing, co-productions, and streaming rights.
For context:
Donald Trump announced a 100% tariff on all movies “produced in Foreign Lands,” calling them a “National Security threat” and claiming foreign incentives are killing the US film industry.
“WE WANT MOVIES MADE IN AMERICA, AGAIN!” he wrote on Truth Social. That’s a big problem for Netflix, which spends over half of its content budget on non-North American programming. And with 70% of its subscribers outside the U.S. and Canada, international content isn’t a nice-to-have - it’s the backbone.
Like Bridgerton from the UK or Squid Game from South Korea.
What’s ironic? Until Sunday, Netflix stock was considered one of the safest bets among tech giants. It had already gained 30% this year, blowing past Meta, Amazon, Apple, and Google.
But in just a day, one vague policy idea shook the streaming giant.
📌 The Met Gala is tomorrow. So, here’s a juicy gossip
(Anna Wintour worked in porn)
Yup. You heard it right.
Anna Wintour didn’t just appear at the top of the fashion world, she climbed her way there, one bold move at a time.
She kicked things off as an editorial assistant at Harper's & Queen, then made a stop at Harper’s Bazaar. From there, she took a surprising turn and became fashion editor at Viva, a women’s adult magazine (yep, that existed).
Her journey kept evolving. Next up were stints at Savvy and New York Magazine, where she sharpened her vision and voice. Then came Vogue, her eventual empire, but not right away. First, she became Editor in Chief at British Vogue, then moved to House & Garden (briefly), before finally landing the top job at U.S. Vogue.
And in 2013, she added another crown: Artistic Director of Condé Nast. It wasn’t a straight path, but every step shaped the fashion force we now know simply as Anna.
📌 Scientists just discovered a new type of electricity-conducting bacteria
Meet Candidatus Electrothrix yaqonensis, a mouthful of a name for a microbe with some very cool tricks. Found on an Oregon beach near Yaquina Bay (hence the name), this bacteria acts like tiny biological wiring.
Part of a rare group called cable bacteria, these microbes form long chains that can conduct electricity. What’s wild is how they do it by shuttling electrons from deep in the sediment (where there’s no oxygen) to the surface (where there is).
It's like a built-in, natural power line.
What makes this new species special?
For starters, it has a thicker outer sheath never seen before and a unique spiral ridge structure.
Inside those ridges?
Nickel-based “biological wires” that are great at conducting electricity. When tested on gold electrodes, the bacteria held its own with impressive conductivity.
Genetically, it's a bit of a mash-up. It combines traits from both freshwater and saltwater bacteria, making it adaptable to brackish environments. Researchers think it could be a game-changer in bioelectronics.
📌 One last thing about Met Gala (sorry, I’m too excited!)
These foods are forever banned from the menu
At the Met Gala, even the menu has to pass Anna Wintour’s test—and some foods are never getting through the door.
There are three notorious ingredients: chives, onions, and garlic.
Why?
Simple - bad breath. Wintour herself confessed she’s not a fan, and let’s be honest, no one wants to chat up Zendaya or Hemsworth with dragon breath.
But food bans aren’t the only quirky rules.
Phones? Also a no-go.
Wintour wants guests to actually talk to one another (a revolutionary concept, really), and the ban encourages real, unplugged conversations. That’s why you’ll rarely see selfies from inside the dinner tables.
This level of detail is Wintour’s trademark from seating charts designed to avoid ex-drama and boredom (sorry, no sitting next to your spouse), to menu micromanagement. She's known for vetting everything from napkins to the lighting. And yes, even H&M got scolded once for a bad table placement.
That’s it for today. If you found this edition interesting and entertaining, please drop a like and follow us for more!
See ya👋
