GIBBI, Today

In this newsletter I write the 5 most important news that I read in the day about businesses, media and sports in México and in the World.

Stories:

• Wealthfront files for IPO

• MLB 2025 Playoffs: Predictions

• UEFA Champions League: Matchday 2 - Predictions

• EA confirms it will go private in $55 billion acquisition

• OpenAI will reportedly release a TikTok-like social app alongside Sora 2

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1. Wealthfront files for IPO (PitchBook)

• Robo-adviser Wealthfront has filed to go public on the Nasdaq, according to an SEC filing. The company disclosed in its filing that it has $88 billion in customer assets, with more than half of that amount, $47 billion, in cash. It will trade under the ticker “WLTH”

• The fintech company said it generated $194.4 million in net income for the 2025 fiscal year, up from $77 million in 2024, which marked Wealthfront’s first year of profitability

• The company offers both retail and institutional customers access to portfolios that are quantitatively rebalanced. It imposes a management fee and invests in both stocks and bonds, with a business model similar to that of competitors, such as Betterment

• GIBBI View: Remember that several private companies decide to make an IPO this year, like Chime, Circle, Klarna, Stubhub, Figma, Canva and others

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2. MLB 2025 Playoffs: Predictions (GIBBI)

• Wild Card Round:

  • AL:

    • 3..Cleveland Guardians vs 6.Detroit Tigers (Guardians win 2-1 series)

    • 4.New York Yankees vs 5.Boston Red Sox (Yankees win 2-1 series)

  • NL:

    • 3.Los Ángeles Dodgers vs 6.Cincinnati Reds (Dodgers win 2-0 series)

    • 4.Chicago Cubs vs 5.San Diego Padres (Padres win 2-1 series)

• Divisional Series:

  • AL:

    • 1.Toronto Blue Jays vs 4.New York Yankees (Yankees win 3-2 series)

    • 2.Seattle Mariners vs 3.Cleveland Guardians (Guardians win 3-2 series)

  • NL:

    • 1.Milwaukee Brewers vs 5.San Diego Padres (Brewers win 3-1 series)

    • 2.Philadelphia Phillies vs 3.Los Ángeles Dodgers (Dodgers win 3-2 series)

• Championship Series:

  • AL:

    • 3. Cleveland Guardians vs 4.New York Yankees (Yankees win 4-2 series)

  • NL:

    • 1. Milwaukee Brewers vs 3. Los Ángeles Dodgers (Dodgers win 4-3 series)

• World Series:

  • 4.New York Yankees vs 3.Los Ángeles Dodgers (Yankees win 4-3 series)

• GIBBI View: Today starts the best part of MLB, the post-season where it’s going to last 1 months and we’ll see which team will win the World Series 2025; the team to beat are the Dodgers, the reigning champion team, but I think that my favorite team, Yankees, will win World Series 2025

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3. UEFA Champions League: Matchday 2 - Predictions (GIBBI)

• Tuesday:

  • Atalanta vs Club Brugge

  • Kairat Almaty vs Real Madrid

  • Inter vs Slavia Praha

  • Chelsea vs Benfica

  • Atleti vs Frankfurt

  • Bodø/Glimt vs Tottenham

  • Marseille vs Ajax

  • Galatasaray vs Liverpool

  • Pafos vs Bayern München

• Wednesday:

  • Union SG vs Newcastle

  • Qarabag vs Copenhagen

  • Arsenal vs Olympiacos

  • Leverkusen vs PSV

  • Villareal vs Juventus

  • Napoli vs Sporting CP

  • Monaco vs Man City

  • Dortmund vs Athletic Club

  • Barcelona vs PSG

• GIBBI View: I think that Atalanta, Real Madrid, Inter, Chelsea, Atleti, Liverpool, Bayern, Newcastle, Copenhagen, Arsenal, Juventus, Napoli, Man City and Dortmund win; the rest of the game will finish in a tie

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4. EA confirms it will go private in $55 billion acquisition (Engadget)

• Beleaguered video game giant Electronic Arts has agreed to a $55 billion acquisition that will take the company private. Saudi Arabia Public Investment Fund (PIF), Silver Lake and Affinity Partners have reached a deal to buy EA, the company said in a statement

• Last year, the company laid off more than 650 employees, which it labeled an attempt at “streamlining” its business. This year, the company has canceled an upcoming Black Panther game and closed the studio behind it, and has reportedly “shelved“ its Need For Speed Franchise

• In a statement Silver Lake Co-CEO Egon Durban said that the group plans to “invest heavily” in the video game company and help it “expand its reach worldwide.” Silver Lake is also part of the forthcoming deal to spin off the US version of TikTok into a new, American-owned company

• GIBBI View: Last saturday I reported that Electronic Arts would reportedly be acquired for $50B, and yesterday the news was confirmed

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5. OpenAI will reportedly release a TikTok-like social app alongside Sora 2 (Engadget)

• OpenAI is preparing to release a standalone social app powered by its upcoming Sora 2 video model, Wired reports. The app reportedly “closely resembles” TikTok, with a vertical video feed and swipe-to-scroll navigation

• OpenAI will limit Sora 2 to generating clips that are 10 seconds long or shorter for use inside of the app. The new app is also said to include an identity verification tool. Should a user take advantage of the feature, Sora 2 will be able to use their likeness in videos it generates

• According to Wired, the software will refuse to generate some videos due to copyright restrictions. However, it’s not clear just how robust these protections will be, with The Wall Street Journal reporting OpenAI will require rights holders to opt out of their content appearing in videos Sora 2 generates

• GIBBI View: Remember that startups/companies “copy” each other their best features, so they can offer better products/app, get more customers and increase their revenues, so let’s see if this new feature is going to work for OpenAI