$SAVE is dead, $BRK.B is thriving, and oil above $101 is about to ruin everyone's summer — the social feeds can't stop talking about it
Three tickers dominating the social sentiment vortex this week: a dead airline, a newly CEO'd conglomerate, and the crude oil ETF everyone's suddenly panic-researching

Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| ULCC Frontier Group Holdings, Inc. | sell | $4.01 | — | — | — |
Let's start with the obvious: $SAVE is done. Spirit Airlines ceased operations after 34 years, stranding passengers across the US and Latin America after a $500 million bailout collapsed when creditors refused terms that would've diluted them to near-zero. YouTube's Bloomberg Podcasts and former governor Sununu are pinning the blame squarely on the DOJ blocking the JetBlue-Spirit merger — a $4 billion deal that could've saved the whole thing. Reddit's airline subs are a full grief spiral right now, and X is oscillating between schadenfreude and genuine concern about what Frontier and Allegiant look like if fuel stays ugly.
Meanwhile, $BRK.B just had its coming-out party under Greg Abel. Q1 2026 operating earnings hit $11.35B — up 18% YoY — with a record ~$397B cash pile that makes the rest of us feel genuinely bad about ourselves. CNBC's Squawk Pod Berkshire coverage is the most-watched finance content on YouTube this week by a mile. Buffett called current markets 'a church with a casino attached,' which is the most Buffett sentence ever written. Abel is steady, the balance sheet is a fortress, and the crowd is cautiously optimistic — though Iran tensions are squeezing Berkshire's chemicals subsidiaries hard.
And then there's $USO's spiritual cousin, the macro elephant in every room: oil above $101 with the Strait of Hormuz acting like a geopolitical vending machine. Andrei Jikh's YouTube breakdown of the paper-vs-physical oil price spread is going viral for good reason — JP Morgan data shows the gap is the most extreme in 20 years, which historically signals a genuine supply emergency. The Traveling Trader clocked oil's current rate-of-change as the fastest ever recorded, a stat that has historically preceded recession within 8–15 months. Stagflation Twitter is having an absolute moment.
Spirit's creditors played hardball and lost the airline. Berkshire's new CEO opened with a record quarter and a deepfake Buffett. And oil is up here doing its best movie villain impression — slow, inevitable, and really expensive at the pump.