👑 California is King again

👻 And get ready for a scary week in the markets

In partnership with

That’s a wrap on our Nashville trip. Today, I’m off to Atlanta today. If you have any top tips for unmissable sights along the way, please smash the reply button.

How to invest in horror films 🎬

Film investing is hot, and Horror is the most profitable film genre by far.

There's a new way you can invest in horror films, and it's through one of our newest partners, Greenlit.

Greenlit is a platform that connects investors to filmmakers. It allows investors to easily analyze, track and manage their investments.

Alts is partnering with Greenlit to bring you exclusive access to a bundle of horror films currently in development.

Current offering: Horror film slate

Genre: Horror/Comedy/Psychological

Production: Disaster Capital Productions

Funding: $1m total

Current status: Development

Film summaries:

Why invest?

  • We love slates as they de-risk your investment

  • All preliminary budgets are $5m.

  • The producer is in talks with international production partners to bring production costs under $1m while retaining the equivalent production value of a $5m film.

  • Production is international and can get 25% tax rebates, which can be leveraged to secure debt and gap financing.

Want to invest?

📰 Market Headlines

Markets braced for their scariest week of 2024, with Big Tech earnings, inflation data, and jobs reports all on deck.

  • The Dow tumbled 2.6% last week while the S&P 500 slipped 0.3%.

  • All eyes are on Big Tech earnings as Alphabet, Microsoft, Meta, Apple, and Amazon report this week.

Delta Air Lines sued CrowdStrike for over $500 million after a July IT outage caused 7,000 flight cancellations.

Jeff Bezos reportedly killed the Washington Post's planned endorsement of Vice President Kamala Harris, breaking decades of tradition.

🧠 What do you think?

Today is a voter knowledge quiz rather than a survey. Good luck!

The answer is later in the issue.

If implemented, which candidate's proposals will increase the US debt more?

Login or Subscribe to participate in polls.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via Kalshi, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

What you had to say:

“Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff! Jared Goff!”

📈 Trends you need to know

California retained its position as the world’s fifth-biggest economy for 2023.

📊 Stocks

Get $20 free shares at public.com using code ALTSCO.

Winners and losers

Earnings, upgrades, and acquisitions

Here’s what to look for this week:

  • Monday: Ford (F), Philips (PHG), Waste Management (WM)

  • Tuesday: Alphabet (GOOGL,GOOG), AMD (AMD), BP Oil (BP), Chipotle (CMG), Crocs (CROX), McDonald's (MCD), JetBlue (JBLU), Paypal (PYPL), Pfizer (PFE), Reddit (RDDT), Royal Caribbean Group (RCL), Snap (SNAP), Sofi (SOFI), Visa (V)

  • Wednesday: ADP (ADP), Caterpillar (CAT), Carvana (CVNA), Coinbase (COIN), Etsy (ETSY), Eli Lilly (LLY), Microsoft (MSFT), Meta (META), Roku (ROKU), Robinhood (HOOD), Starbucks (SBUX)

  • Thursday: Apple (AAPL), Amazon (AMZN), Conoco Phillips (COP), Estee Lauder (EL), Kellanova (K), Intel (INTC), Mastercard (MA), Norwegian Cruise Lines (NCL), Peloton (PTON), Merck (MRK), SiriusXM (SIRI)

  • Friday: Charter Communications (CHTR), Dominion Energy (D), fuboTV (FUBO), Chevron (CVX), Exxon Mobil (XOM), Wayfair (W)

Market movers

  • Hawaiian Airlines cut 73 jobs following its $1.9 billion Alaska Air merger.

  • Lyft was hit with a $2.1 million FTC penalty for misleading drivers about potential earnings.

  • Alibaba agreed to pay $433.5 million to settle a US lawsuit over monopolistic practices and misleading statements.

  • Apple made plans to develop a smart home display inspired by the classic iMac G4.

  • Volkswagen projected 10% wage cuts and a two-year wage freeze as part of a €4 billion cost-saving plan.

Ideas, trends, and analysis

  • California maintained its position as the world's fifth-largest economy, with GDP reaching $3.9 trillion in 2023.

  • Economic proposals by Vice President Harris and Former President Trump could raise the national debt by $3.5 trillion and $7.5 trillion over the next decade.

Recommended Newsletter

🌍 Global Perspectives

  1. 🇸🇩 Sudan's war has killed hundreds in the past week as fighting intensified after seasonal rains ended.

  2. 🇯🇵 Japan's ruling coalition lost majority in a stunning election defeat, dropping from 279 to 209 seats as voters punished the government over inflation and scandals.

  3. 🇵🇭 Tropical Storm Trami killed 152 people in the Philippines through devastating landslides and flooding that displaced 5.9 million people.

  4. 🇷🇺 🇺🇸 Elon Musk has been in regular secret contact with Vladimir Putin for two years.

Keep This Gold Stock on your Watchlist 🇨🇦 $ESAU 🇺🇸 $SEKZF

  • Gold prices hit an all-time high

  • ESGold stock is up over 50% this month

  • Committed to eco-friendly mining practices

Disclaimer: This ad is paid for and disseminated on behalf of ESGold Corp (it is sponsored content). We do not own any securities of ESGold Corp. This ad contains forward-looking statements, which are not historical facts. These statements are based on the current beliefs and expectations of ESGold Corp’s management and involve known and unknown risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” and similar expressions often identify forward-looking statements. This is not financial advice, please do your own DD. See SEDAR+ for more information.

📊 Crypto

  • US prosecutors launched a criminal investigation into Tether over potential sanctions violations and illicit activities.

  • Coinbase unveiled Based Agent, a framework enabling users to create AI-powered crypto trading bots.

🧠 Errata

  • Timothée Chalamet crashed his own look-alike contest in NYC.

  • A SpaceX tourist reported alarming vision problems during a five-day orbital mission.

  • The classic game "Oregon Trail" is becoming an action-comedy movie, complete with musical numbers.

📺 What to Watch Today

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

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