Trump Loves AI Robots, Spotify Music Videos, & "Metaverse" Hype Fading

Summary

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Rich Habits Podcast: Trump Loves AI Robots, Spotify Music Videos, & "Metaverse" Hype Fading

Hosts: Austin Hankwitz & Robert Croak
Date: December 5, 2025

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Episode Overview

In this episode of the Rich Habits Podcast, hosts Austin Hankwitz and Robert Croak dive into the latest financial news shaping your money and investing decisions. They tackle Meta’s massive Metaverse budget cuts and the pivot to AI, troubling updates on the US job market, exploding “Buy Now, Pay Later” usage during Cyber Monday, and radar points covering AI robotics, Spotify’s move against TikTok, and more. The duo also shares their insights on new developments involving Amazon, Netflix, and Mark Cuban’s push to change the drug manufacturing landscape.

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Key Discussion Points & Insights

1. Reflecting on the Podcast’s Growth

• Acknowledgment of Listeners (00:48 – 03:11):
  • Austin thanks listeners for making Rich Habits the #1 podcast for 77,000 people on Spotify in 2025.
    • “It is unreal to think about... my whole family went to the University of Wisconsin and their college football stadium holds 76,000 people. If you look around the whole stadium... it still wouldn’t hold all of the people, 77,000, that kept Rich Habits at the top of their podcast rotation.” – Austin (01:16)
  • Robert expresses gratitude for listener support and engagement over the years.

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2. Meta (Facebook) Slashes Metaverse Budget, Focuses on AI

• Meta’s Strategic Shift (03:16 – 06:21):
  • Meta is reducing its Reality Labs (Metaverse arm) budget by 30% for 2026 after losing $70 billion since 2021.
    • “$70 billion since 2021 trying to build these... Unbelievable.” – Austin (03:41)
  • Investors and analysts view the move as bullish for Meta’s stock, anticipating redirected funds to buybacks or earnings.
  • Mark Zuckerberg pivots focus from Metaverse to building out AI and generative technology, barely mentioning “Metaverse” lately.
  • Both hosts agree the Metaverse spending was not “wasted,” but too early and driven by Zuckerberg’s personal vision.
    • "It wasn't wasted money. It was just too early and it was too much of a vanity project..." – Robert (05:59)

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3. US Job Market: Troubling Signs & Implications

• Job Losses in November (06:21 – 08:50):
  • Per the ADP report, the US economy lost 32,000 jobs in November, versus expectations of 40,000 additions—a net miss of 72,000.
    • “We didn’t just, like, come below those expectations but still be in the positive. We were in the negative.” – Austin (06:43)
  • Small businesses (under 50 employees) were hit hardest, shedding 120,000 jobs; large enterprises actually added jobs, highlighting a “K-shaped” recovery.
  • Hosts discuss the growing disparity:
    • “Half of the U.S. economy right now is being driven by just 10% of people.” – Austin (08:34)
    • “74% of all the spending was coming from the top 20% of all US households.” – Robert (08:50)
  • The job report raises odds of an imminent Federal Reserve rate cut — betting markets show a ~90% chance.
  • Cutting rates could be bullish for the stock market, but recession risk looms if trends worsen.

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4. Shock Record: $1 Billion in “Buy Now, Pay Later” on Cyber Monday

• Rise of BNPL (09:07 – 11:19):
  • New record: Over $1 billion in Cyber Monday sales were made through buy now, pay later platforms like Affirm, Afterpay, and Klarna.
    • “It is insanely shocking... Americans set a record with over $1 billion of purchases being made using these Buy Now Pay later products...” – Austin (09:07)
  • 79% of BNPL purchases happened through mobile devices, indicating how seamless and “too easy” debt acquisition has become.
    • "We're making it just too easy for people to lay in bed scrolling TikTok, see an ad and then paying it in four easy installments without even blinking an eye. It drives me crazy.” – Robert (09:53)
  • Despite surveys suggesting people planned to spend less, actual spending was higher, with debt filling the gap.
  • Advice: Use BNPL responsibly—a temporary fix often leads to longer-term debt liability.

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5. Markets Radar: ETF Performance Breakdown

• ETF Sector Movements (11:19 – 13:44):
  • Winners:
    • Best performing ETF sector: Metals (excluding gold) up 97% YTD, including silver, copper, and palladium.
    • Crypto and psychedelics/cannabis also rallied.
      • "It's not just the precious metals that is gold, but it's a lot of other things. ... This little breakdown does a great job illustrating how important it is to have a well diversified portfolio." – Austin (12:54)
  • Losers:
    • Worst performers: Healthcare technology, volatility, biotech/genomics (−3% to −3.5%).
  • Key takeaway: Diversification beyond standard stocks/bonds is crucial. Hosts reinforce that listeners must act on advice.

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6. Radar Points: Hosts' Personal News Picks

Austin’s Radar Points (13:44 – 16:46):

1. Trump Administration’s Push into AI Robotics:
   • Commerce Secretary Howard Lutnick and robotics CEOs are advancing robotics and advanced manufacturing to boost US competitiveness against China.
   • Investors (like the hosts and their network) in robotics company Apptronic stand to benefit; public market exposure via ETFs: ARKQ, ROBO, BOTZ.
2. Spotify Challenges TikTok with Music Video Integration:
   • Spotify plans music video support and deeper video/audio integrations, aiming to rival TikTok and YouTube.
   • Signed deal with Netflix for select video podcasts; hint at potential Rich Habits video podcast in the future.
3. Who Will Lead the Fed?
   • Trump will announce next Fed Chair early 2026; betting markets favor Kevin Hassett.
   • If appointed, deep rate cuts are expected, impacting markets significantly.
   • “If that takes place, I would imagine we experience some deep rate cuts in 2026.” – Austin (16:44)

Robert’s Radar Points (16:46 – 20:22):

1. Netflix Bidding for Warner Bros. Discovery:
   • Netflix, Paramount, Skydance, and Comcast are in a ~$70 billion bidding war.
   • 85% of Netflix's offer is cash; potential huge industry shake-up.
2. Amazon Ends USPS Delivery Partnership:
   • Amazon may stop using USPS for package deliveries by 2026, impacting USPS finances and customer shipping experiences.
   • Significant move for Amazon’s logistics strategy and implications for consumers and investors.
3. Mark Cuban's Push to Waive Generic Drug Application Fees:
   • Cuban urges FDA to drop $360,000 generic application fee to boost domestic drug manufacturing.
   • Cuban’s Cost Plus Drugs could make rare and expensive generics affordable, assuming regulatory changes are made.
   • “If there’s something that costs $100 or more and we can manufacture it here for less and sell it for less, that’s a huge win for the people that need affordable medicine.” – Robert (paraphrasing Cuban, 19:32)

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Notable Quotes & Memorable Moments

• "We can lead people to water, but we can’t make them drink. It is up them to take notes and take action and get in the game because there is always ways to make money in all market conditions." – Robert (13:33)
• "Half of the U.S. economy right now is being driven by just 10% of people. It just shows the massive disparity..." – Austin (08:34)
• "Have a plan, stick to the plan. And do not be someone that says, I can't afford it, so I'm just gonna buy now, pay later it. ... that's not something we advise." – Austin (11:19)
• "It wasn't wasted money. It was just too early and it was too much of a vanity project..." – Robert (05:59)
• “$70 billion has been, I wouldn't say wasted, because ... The Meta Ray ban smart display glasses are kind of cool.” – Austin (05:12)

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Timestamps for Key Segments

• 00:48–03:11 – Reflections and gratitude for listener milestones
• 03:16–06:21 – Meta’s Metaverse cuts & pivot to AI, stock implications
• 06:21–08:50 – US job market breakdown, income/spending disparities
• 09:07–11:19 – $1 billion in BNPL spending, financial wellness warnings
• 11:19–13:44 – ETF sector performance and portfolio strategy
• 13:44–16:46 – Austin’s radar: AI robotics, Spotify, Fed Chair speculation
• 16:46–20:22 – Robert’s radar: Netflix bids, Amazon/USPS split, Mark Cuban’s pharmacy push

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Tone & Style

Consistent with the show: conversational, energetic, and sprinkled with personal anecdotes and actionable tips. Both hosts maintain an approachable financial educator vibe, speaking candidly about both macroeconomic headlines and practical implications for everyday investors.

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Actionable Takeaways

• Watch Meta and the broader AI sector; resource reallocations can make companies more profitable.
• Monitor Fed policy updates—rate cuts could impact stocks and recession odds.
• Be cautious with BNPL and holiday spending; make and stick to a budget.
• Consider adding metals and diversified assets to portfolios.
• Look for investing opportunities in robotics, AI, and regulated healthcare disruption.

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For more insights, join their Rich Habits Network for deeper dives, investment opportunities, and weekly Q&As.

Transcript

[Commercial Narrator]

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[Austin Hankwitz]

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[Austin Hankwitz]

Public.com presents the rich Habits Radar A new Friday episode of the Rich Habits Podcast where every Friday morning we're coming at you with the biggest headlines impacting you and your money. My name is Austin Hankwitz. I'm joined by my co host Robert Croak in the three things sitting at the top of our Rich Habits the radar this week include Mark Zuckerberg making some billion dollar budget cuts from his Reality Labs division, the US Job market completely falling off a cliff in the month of November, and the broke Shopper epidemic growing bigger during Cyber Monday. That'll be an interesting one to talk about now be sure to stick around to the end to learn more about how Spotify is trying to compete with Tick Tock. So Robert, we're filming this on December 4th. Yesterday was December 3rd, and on December 3rd, of course that was the Spotify wrapped. We had all awesome people share with us their Spotify wrapped and we were actually the number one podcast for 77,000 people in 2025. So if you are one of those 77,000 people and we were the number one podcast that you listen to on Spotify, we just want to say thank you. We are so humbled knowing that tens of thousands of you throughout the year of 2025 kept the rich Habits Podcast at the top of your podcast rotation. It is unreal to think about like for example my whole family went to the University of Wisconsin and their college football stadium holds 76,000 people. And so if you look around the whole stadium of 76,000 people, it still wouldn't hold all of the people, 77,000 that kept rich Habits at the top of their podcast rotation. And for that we're just super, super grateful. So thank you all so much for continually supporting the show. It's unreal to reflect upon all of this information and data as we see it in real time as you do from Spotify and you just you all continue to humble us and we're really.

[Robert Croak]

Grate definitely incredible times because I think back three years ago when we first started this, and we're like, well, I think there's great information here and hopefully people will follow along. And to go from that to being one of the top podcasts on Spotify in business and finance, just an incredible journey. Austin, I thank you and I thank each and every one of you that stops by every week, shares the podcast, gets involved with us, sending us questions, following the newsletter, joining the network. It's just an incredible time and we feel so blessed to be able to just wake up every day, share our insights, and try to bring as much value as we can to each and every one of you.

[Austin Hankwitz]

So with that being said, Robert, let's dig into our first story of this episode of the Rich Habits Radar.

[Robert Croak]

That's right, today's first story is Meta, formerly Facebook Kills the Metaverse Hype, reported by Bloomberg on Thursday. Mark Zuckerberg is planning to slash Meta's metaverse budget by 30% in 2026, causing the stock to skyrocket. The metaverse portion of Meta's business is called Reality Labs, and this division has has lost the company $70 billion since 2021.

[Austin Hankwitz]

Say that again. $70 billion since 2021 trying to build these like, wow. Unbelievable. Unbelievable. So how I see this is Zuckerberg officially pivoting capital now away from his augmented reality dreams to artificial intelligence. The entire Metaverse effort has drawn scrutiny from investors like myself and many others who see it as a massive drain on the company's resources. And as of late, some of these dogs that have alleged that children's privacy and safety have been compromised inside of these Metaverse virtual worlds. And I don't know about you, Robert, but it's pretty obvious that their vision for the Metaverse hasn't really taken off. It was like fun and sexy back in like 2021, but now not so much, despite Mark Zuckerberg's deep conviction for this idea, which he still has, that people will one day work and play and live inside of these virtual worlds.

[Robert Croak]

Yeah. Zuckerberg has largely stopped mentioning the Metaverse in public and on company earnings calls, and is instead focusing on developing the large AI models that underpin AI chatbots and other generative AI products, as well as the hardware products that are more linked to those experience.

[Austin Hankwitz]

So, Robert, let's talk about what does this mean for you and your money? As someone listening right now to this.

[Robert Croak]

Episode of the show, I think it's incredibly bullish. Analysts are already upgrading the stock market because that $4 billion loss per quarter could turn into $4 billion a quarter in earnings or buybacks.

[Austin Hankwitz]

Yeah, I mean, you think about it like this, right? $70 billion has been, I wouldn't say wasted, because I would say the Meta Ray ban smart display glasses are kind of cool. And we were meeting with Gary Vee earlier this week, and he is convinced that AR is going to take over the world in the next seven, 10, 12 years. So there are people that think that's the. The future. But for us to get to that future, did Meta really have to spend $70 billion getting there? Like, think about a $70 billion dividend to shareholders or corporate buyback. Like, there's a bunch of different ways to think about it. It's like 10% of the company's total market cap just evaporated in the last four years because of this project. And yeah, I agree, it, it seeing those budget cuts, bullish. As an investor, I'm here for it. I think it's, it's kind of silly that they didn't do this sooner.

[Robert Croak]

Yeah, I agree with you. I think it wasn't wasted money. It was just too early and it was too much of a vanity project because he wanted to be right and be first for the Metaverse, obviously the change of the name from Facebook to Meta. So I think there's a lot there and in the future, it's going to pay huge dividends for, for meta. But right now I feel it was too early. And I agree with you 100%.

[Austin Hankwitz]

So let's jump into our next story. The US job market has the Federal Reserve very concerned because according to an ADP report published earlier this week, the US economy lost 32, 000 jobs in the month of November, which is a massive difference compared to the 40, 000 jobs that were expected to be added during that same period of time. Right. So let me, like, make sure I'm very clear there. Economists said, hey, America, y' all are going to add 40, 000 jobs in November. That's what we're forecasting reality. We lost 32. So we didn't just, like, come below those expectations but still be in the positive. We were in the negative. Right. That's a net difference of 72,00. Didn't exist. Now, of course, we always take these job reports with a grain of salt because they're usually revised. It's not always too perfect there. So I, I like to take these numbers at a very, you know, take with a grain of salt. But ADP reports tend to be pretty accurate.

[Robert Croak]

Robert, this is the Worst private payroll report since early 2023. And the worst part is that this massive drop in employment is coming from small business owners. Small businesses, defined as companies with less than 50 employees, shed 120,000 jobs and in November. On the flip side, large corporations actually added jobs during the month, representing that K shaped economy everyone is talking about.

[Austin Hankwitz]

So what does this mean for you and your money? Polymarket in Kalshi now have a December rate cut sitting at a 90% chance or higher because of this terrible economic data. And when you look at it, they basically have to, right? Because if they hold rates steady with negative job growth, the Federal Reserve risks sending the US into a full blown recession by springtime, which obviously nobody wants.

[Robert Croak]

Remember, cutting interest rates are inherently bullish for the stock market, assuming we don't enter into a recession. If the US Economy falls into a recession, something we don't think will happen, the stock market will likely have a very negative reaction.

[Austin Hankwitz]

Yeah, it's pretty crazy to think about sort of this K shaped economy, right? I think it was downtown. Josh Brown, I've said this a couple times now, is that like 50% of US economic activity from like a spending perspective has come from the top 10% of Americans. Right?

[Robert Croak]

Right.

[Austin Hankwitz]

Half of the U.S. economy right now is being driven by just 10% of people. It just shows the massive disparity between the people that own assets, have money, own businesses are making money, and the people that are, you know, working hourly jobs or these 9 to 5 jobs living paycheck to paycheck.

[Robert Croak]

And I think in that same interview he mentioned something like 74% of all the spending was coming from the top 20% of all US households. So crazy stats. But that's why we're here to share all these with you guys and give you the inside scoop of what we think is actually going to happen.

[Austin Hankwitz]

Speaking of crazy stats, let's wrap it up with our last story here, which is $1 billion was spent via Buy Now Pay later on Cyber Monday. That is unreal. So Cyber Monday spending data is officially in and it is insanely shocking as we look at and see that Americans set a record with over $1 billion of purchases being made using these Buy Now Pay later products like Affirm After Pay and Klarna. This goes completely against what we talked about on episode 145, which was our Black Friday Cyber Monday playbook episode. So one, y' all need to be tuning in more and two, y' all need to be sharing these with your friends because I'm sure you know Someone that did a little Cyber Monday shopping and they just did the little BNPL button, Pay in four, whatever it's called. Robert.

[Robert Croak]

Yeah, and here's an Even crazier stat, Austin. 79% of those purchases happened on a mobile device. 79% buy now, pay later through a phone. We're making it just too easy for people to lay in bed scrolling TikTok, see an ad and then paying it in four easy installments without even blinking an eye. It drives me crazy.

[Austin Hankwitz]

Well, the scary part of all this is that according to a Deloitte survey, US shoppers were planning to spend 10% less this black Friday Cyber Monday than they did in 2024. But they actually ended up spending, which tells me that they're bridging the gap with debt. Specifically now this phantom debt via these buy now, pay later platforms. So, Robert, what does this mean for you and your money, for all the fun people listening to this episode?

[Robert Croak]

Well, it sounds like to me a firm after paying Klarna are going to be around for a while. On the flip side, if these US shoppers default on these payments back to a firm after paying Klarna, we could see their stock prices really crater in 2026. But I'm not assuming that at all because these companies keep their default rates so low. But you all need to budget and stay out of these situations anyway, especially when you're in the midst of holiday spending with travel, presents and shopping. We're always telling all of you to have a plan and stick to the plan. And now is even more important than ever based on this headline.

[Austin Hankwitz]

Have a plan, stick to the plan. And do not be someone that says, I can't afford it, so I'm just gonna buy now, pay later it. Because that is, that's not something we advise. I don't think that's a idea. So don't, don't, don't be doing that. Now, Robert, before we jump into our radar points, which are sort of a show and tell, I bring three headlines that really mean a lot to me. Robert brings his three best points and we kind of talk about it a little bit of a, you know, a way for us to show you what we're looking at personally here. We got to give a shout out to ETF Central. If you're unfamiliar, ETF Central.com is a website that allows you to discover, analyze and learn more about ETFs. They've got a movers and shakers segment inside of their homepage here that shows you the biggest movers and shakers from a best performance to a worst performance on the last five trading days. I'll break down the best performance. Robert will break down the worst performance, and we'll give a general takeaway here. So coming in as third place for the best performing sector of the ETF market this last trading week is cryptocurrency, up about 6%. A little bit of a, a rally there. Rebound, a reversion to the mean. Right. Dead cat bounce, psychedelics and Cannabis coming up 7 and a half percent. And the best performing sector of ET apps for the last week is metals, when you exclude gold. So think silver, copper, palladium, things like that.

[Robert Croak]

And the three worst performers this week were healthcare technology down around 3%, volatility down around 3 and a half percent, and biotech and genomics down about 3.4%.

[Austin Hankwitz]

I think the big takeaway here, Robert, is that metals, specifically those that are not gold. Right. You see this year to date, performance at the top here at 97%. I. Jesus, did we not tell people? I think we told people we've been talking about silver. You've been talking about copper for a while now. Some palladium. Right. It's not just the precious metals that is gold, but it's a lot of other things. And I think this little breakdown does a great job illustrating how important it is to have a well diversified portfolio, not just in stocks and bonds and ETFs, but also different asset classes like precious metals. And those precious metals don't always just mean gold. They can mean other things as well.

[Robert Croak]

Yeah, we can lead people to water, but we can't make them drink. It is up them to take notes and take action and get in the game because there is always ways to make money in all market conditions.

[Austin Hankwitz]

All right, Robert, so I've got my three radar points. They are the Trump administration going all in on AI robotics, Spotify's new plan to compete with TikTok. And Trump confirming that he will announce the next chairman of the Federal Reserve early 2026. So let's kick this off with the AI robotics story. So Commerce Secretary Howard Lutnick has been meeting with robotics industry CEOs and is said to be going all in on accelerating the industry's development. A Department of Commerce spokesperson said, we are committed to robotics and advanced manufacturing because they are central to bringing critical production back to the United States. Now, the fury of activity suggests that robotics is emerging as the next major front in America's race against China. So this is exciting for two reasons. One, if you're an investor in Apptronic alongside Robert and myself from inside the Rich Habits Network. Congrats, that's exciting. Their CEO Jeff was quoted in this news article like they are. They're deep into it right now with the United States, so that's cool. But two, why this is exciting is because even if you're not an investor directly into these humanoid robotics companies are going to benefit. You can invest into ETFs like Arkq, Robo and Botz to get some exposure to the robotics sector. Now the next story, of course, is Spotify planning to compete with TikTok. So, Robert, Spotify now plans to carry music videos inside their app and introduce other features that would allow their users to navigate back and and forth between audio and video versions of popular songs. This move is aimed to compete with TikTok and YouTube. So Spotify is evolving now from like this audio first platform to become a world class video service. And we all saw in October that Spotify signed a partnership with Netflix to bring select video podcasts onto their streaming platform. We, we never got the call for that one. But maybe in 2026 you might see the Rich Habits podcast on Netflix. Wouldn't that be cool? And finally, we heard from Trump this week that he will convince, confirm and announce who is the chairman of the Federal reserve in early 2026. As you all know, Jerome Powell is going to be out as chairman of the Fed pretty soon here. And since this position is an appointed one, Trump is in the thick of figuring it all out. However, we kind of have a good idea as who it might be. Kalshee and Polymarket are leaning toward White House National Economic Council director. Say that five times fast. Kevin Hassett with a 75% chance of being named the new chairman of the Federal Reserve if that takes place, I would imagine we experience some deep rate cuts in 2026. So those are my top three, Robert. AI robotics. I'm pumped about that one. I, I literally just discovered that while I was looking for this when we were getting the episode ready and it's, it's exciting, man. And how cool is it that we've been able to allow our podcast audience to invest in some of these, you know, budding secular growth trends and technologies that you and I get access to because we are who we are. But they've invested. I mean, I think, think we raised over $2 million for Apptronic. Like how awesome, how cool is that, Robert?

[Robert Croak]

Yeah, it gives me goosebumps just listening to you talk about the radar points. And I'm on the episode writing it with you. So so cool. For everyone involved in the Rich Habits network shout out to all of you that invested alongside of us in Daptronic. Just such a cool time that we get these amazing these deal flow opportunities throughout everything we do. So I'm going to go into my radar point points. Not as exciting as yours but I think they're also very important. Number one Netflix is the Leading Bidder for Warner Brothers Discovery According to a CNBC report, shares of Netflix fell slightly on the news, as did Warner Brothers. Netflix is bidding roughly 70 billion, of which 85% will be in cash and 15% in stock for Warner Brothers Discovery. And the bidding for Warner Brothers is likely to end as early as next week and currently Netflix is competing with Paramount, Skydance and Comcast US to acquire the entertainment giant. I think this is really big news for those of you that hold Netflix stock and what could happen in this shake up in the massive entertainment industry. Number two, this one is near and dear to my heart because of the fact of how it affects us on an everyday basis for our shipping with silly bands and all the consumer products but Amazon Cuts Ties with USPS for Deliveries prime is thinking about returning one of its oldest relationships to sender its operator. Amazon is quietly looking to a future without the US Postal Service. According to the Washington Post, Amazon has sketched out plans to pull the billions of packages it routes through the U S Postal Service by the end of 2026, when its current deal with the Postal Service expires. For the USPS, which lost $9.5 billion last year on around 80 billion in revenue, this separation could be less of a trim and much more of a buzz cut. This could be great for Amazon stock, but the jury is out for Amazon customers because this is a major undertaking and will likely have its bumps to pull off and keep shipping prices low for all of us that use Amazon on a daily basis. And my third radar point today is Mark Cuban calls for an end for generic drug application Fees to boost domestic manufacturing Mark Cuban, famous billionaire from Shark Tank and the founder of online discount pharmacy Cost Plus Drugs, is urging the Trump administration to drop the regulatory fees required for producing generic drug applications as a way to increase domestic production of those medicines. The US FDA currently charges, and this is crazy to me, $360,000 for each generic drug application. Cuban told Reuters that if this fee was waived, Cost Plus Drugs could start manufacturing high cost generic drugs such as rare disease treatments. Cuban was quoted as saying, there's no reason for us to manufacture a four dollar drug that you get at Walmart. But if there's something that costs $100 or more and we can manufacture it here for less and sell it for less, that's a huge win for the people that need affordable medicine. Cost Plus Drugs already operates a compounding facility in Dallas, and Cuban noted that if this could happen and they could manufacture these generic drugs within a year if these fees were ended, I think this is really incredible for the drug market. Good for Mark Cuban for doing all of this because I know for me, anything that I have to buy for my personal health issues are so expensive. And getting more of these drugs manufactured here and more affordably for the average person is a huge win for the US Economy.

[Austin Hankwitz]

Yeah, most definitely. And it's not just, you know, this is cool, but it's really those PBMs, oh my goodness. And I saw that, you know, Mark Cuban, I think, was testifying in front of Congress just recently, going on about, you know, just how all this works behind the scenes with these PBMs and these middlemen and how like they really just don't do anything. But that's another conversation for another day, everybody. Thank you so much for joining us on this week's episode of the Rich Habits Radar. To give you that quick, quick summary, we talked about meta cutting 30% of their metaverse budget for 2026. We unfortunately talked about the US job market falling off a cliff in November, as Well as the $1 billion spent with buy Now Pay later products books only on Cyber Monday. How crazy is that? Now, of course, if you want to join us on our next big investment, we had Apptronic in the past a couple times actually, so it's kind of cool to see the, the Trump administration getting excited about that. But there's always the Rich Habits Network. You can go check that out in the show notes below. Not only are you able to invest alongside Robert and myself, but you also get to join us for a weekly zoom call that takes place every Tuesday evening. It's about a two hour call. We get to really open up the playbook, show you our portfolios and talk more about the headlines and of course answer your questions face to face. So if you're looking for that, plus a bunch of, you know, like eight hours of video coursework and all the other cool things you get as part of the Rich Habits Network, be sure to join us over there and we can't wait to have you.

[Robert Croak]

We want to provide as much value and information we can for each and every one of you. We want you to know what is coming out of our brains, what we're investing in and what we're looking at at that moves the needle for our money and your money as well.

[Austin Hankwitz]

Thanks everyone and we'll see you on Monday.

Foreign.

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