Welcome back to Future. This is my first edition coming to you from a new city! I moved to New York from D.C. yesterday. Send me your Brooklyn restaurant recs!
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This weekend edition is 1,200 words — about a 4-minute read. And, of course, we'll start with...
Illustration: Aïda Amer/Axios
Moving companies, a $25 billion business in the U.S., look like an upcoming target for disruption.
Why it matters: Technology has made dozens of tasks easier: We can use GPS for road trips instead of printing out directions, we can order our groceries online and get them delivered, and we can even meet our spouses on apps.
The big picture: As we've reported, Americans are generally moving less. But young people — especially those living in cities — are bucking this trend.
What's happening: There are a slew of inefficiencies within the moving industry.
Some companies are picking up on the shifts.
The bottom line: "Uber-izing moving will continue to be a very interesting trend," Carrigan says. "It’s the standard tech story: using tech to cut out the cost, the middle man."
This week, I pulled off one of the most efficient moves of all time. I sold all of my furniture to the next tenant taking my apartment, and I'm getting all of my furniture from the person whose apartment I'm taking. All I had to do was rent a small U-Haul van for the rest of my things.
GMC Hummer's grille and the Tesla cybertruck. Photos courtesy of General Motors and Tesla
Automakers are competing to make the buzziest, strongest, fastest electric truck that would fare well in a dystopian future — albeit one with a reliable grid and eco-conscious drivers, Axios' Ben Geman writes.
Driving the news: This week, GM announced it is indeed reviving the gas-guzzling Hummer as a fully electric and powerful "super truck" with seriously gaudy specs.
Where it stands: The announcement comes just two months after Tesla unveiled its powerful Cybertruck that's explicitly designed to look like something out of a sci-fi movie.
Why it matters: A number of automakers hope a chunk of the huge pickup market can be electrified — and that consumers are interested in muscle and design, not just the environment, and will pay a premium.
The offerings in the pipeline include...
The bottom line: There's opportunity for automakers if electric pickups can catch on. Per the firm Edmunds, pickups were 14.4% of the consumer vehicle market last year, the highest level since 2005.
Go deeper with Ben's full story.
An Amazon Boeing 737 takes to the skies. Photo: Nicolas Economou/NurPhoto/Getty Images
Amazon briefly re-entered the $1 trillion-valuation club on Friday after a better-than-expected earnings report that boosted its stock by nearly 10% at peak.
Why it matters: The e-commerce behemoth's Q4 earnings report — which included the revenue from its holiday sales — is one of the strongest recent examples of its formidability.
The big picture: Amazon's secret sauce is its speedy, reliable delivery, which its shoppers love. Last year, the company decided to slash two-day free delivery under Prime to one day — and committed to spending big to make it happen.
Worth noting: Amazon's stock jump "boosted [Amazon CEO Jeff] Bezos’ personal wealth by more than $10 billion, according to FactSet data" cited by WSJ.
Illustration: Sarah Grillo/Axios
America's new housing crisis (Felix Salmon — Axios)
The age of interstellar visitors (Michele Bannister — Quanta)
Infinite scroll: Life under Instagram (Dayna Tortorici — The Guardian)
The robots are coming. Prepare for trouble. (David Deming — NYT)
Outbreak spotlights China's social fragility (Tadanori Yoshida — Nikkei Asian Review)
Photo: Smith Collection/Gado/Getty Images
Americans aren't really buying each other cards anymore.
The big picture: "U.S. sales of printed greeting cards, estimated at $4.5 billion in 2019, fell nearly 13% over the last five years, according to market research company IBISWorld," WSJ reports.
The bottom line: Young people are increasingly using social media or text messaging to reach their friends on holidays. Those 7-frame Instagram story birthday tributes may soon be the end of greeting cards.
Thanks for reading!