Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 8, 2003
Full News Archive
- Headline: BASF's Q2 Earnings Report Insights. Impact: The 61% drop in BASF's net profit led to a chain reaction where investors panicked, prompting a global trend of 'emotional stock trading'. This eventually resulted in the first-ever trading algorithm programmed to play sad music during market dips, causing a generation of traders to develop a deep affinity for melancholic melodies.. Fact: Did you know that BASF stands for 'Bad At Selling Futures'? Just kidding, they’re actually pretty successful, except for that pesky profit drop..
- Headline: Working Up A S.W.E.A.T. Film Adaptation. Impact: The film adaptation of 'S.W.E.A.T.' sparked a revival of 70s nostalgia, leading to the explosion of retro-themed parties where people awkwardly dance to disco while wearing polyester suits. This, in turn, caused a shortage of glitter in the early 2000s, resulting in a black market for craft supplies.. Fact: Did you know that the wah-wah sound was originally invented to cover up bad acting? It’s true! Just listen to the dialogue in the film..
- Headline: Judge Critiques Police Interrogation Tactics. Impact: Judge Haight's critique of police methods led to a nationwide movement for police reform, which eventually inspired a reality show where police officers had to answer tough questions while being interrogated themselves, proving that karma really is a thing.. Fact: Did you know that the phrase 'I plead the fifth' was actually invented by a disgruntled protestor who was tired of being asked about their lunch choices?.
- Headline: World Business Briefing | Europe: The Netherlands: ABN Profit Rises 46%. Impact: ABN Amro's 46% profit increase caused a sudden surge in competitive banking practices, leading to a bizarre trend where banks started offering absurd incentives like free pet rocks with every new account. This sparked a rock-collecting craze among millennials.. Fact: Did you know that a 46% profit increase in banking can be traced back to a single customer who mistakenly thought they were opening a lemonade stand instead of a savings account?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 2003, it would be worth $1,226,446 today (1226.4x return)