- Stocks & Income
- Posts
- ๐ Canada fights back
๐ Canada fights back
๐ Plus, BlackRock and JPM crushed it
Have you already joined the Alts Community? If not, youโre missing out on gems like this.
Invest in the future of betting
You probably know that the online betting industry is booming. But what you may not realize is how frustrated users are getting.
While traditional betting operators rake in billions, theyโve alienated many of their users with high fees, outdated UX, and predatory practices.
No predatory bookies.
No house edge.
Just people betting against each otherโฆon sports, politics, pop culture, and more
And a growing community of engaged users building their own betting networks with friends
Today, you have the chance to โinvest in Kutt on Republicโ and become part of this transformation.
Sports betting is on fire, but it's at an inflection point. Users are looking for transparency, fairness, and social engagement. Kutt is a place where betting is fair, fun, and deeply social.
Why invest in Kutt?
Huge market. The US alone generates $15 billion annually in sports betting revenue. It ain't going anywhere.
Unique P2P angle. Unlike traditional sportsbooks, Kutt is a peer-to-peer betting platform, meaning users bet directly against each other with no โHouseโ advantage.
Scalable business model. Kutt earns 3% on every bet placed โ lower than traditional platforms while still maintaining strong margins.
Proven traction. Kutt had $520k+ in 2024 revenue. $1 million raised from early investors. Betting is legal in 40 states, and Kutt is approved to operate in al of them.
Investment details
Learn more about Kutt
Clicking the button will:
Take you to Kutt's investment page on Republic
Give Kutt permission to email you
To learn more about Kutt without giving permission to email, โclick hereโ.
๐ฐ Market Headlines
Stocks surged yesterday on a cooler-than-expected inflation reading and strong bank earnings.
The S&P 500 jumped 1.8%, the Nasdaq soared 2.5%, and the Dow increased 1.6%.
Richmond Fed President said inflation is easing toward the 2% target but rates should stay restrictive.
Oil prices climbed more than 2% after US crude inventories dropped to their lowest level since 2022.
Canada prepared retaliatory tariffs on $105 billion worth of US goods if Trump imposes new trade barriers after taking office next week.
The Biden administration canceled loans for 260,000 former Ashford University students, completing its last major student debt relief move.
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๐ Ideas, trends, and analysis
US consumer prices rose 2.9% with core inflation at 3.2%, below the forecast of 3.3%.
๐ฑ Fear and Greed Index
๐ Winners and losers
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Earnings, upgrades, and acquisitions
BlackRock reached record assets; shares climbed 2%.
Citigroup authorized $20 billion in stock buybacks; shares soared 6.2%.
JPMorgan Chase posted a record quarterly profit with revenue climbing 10%; shares rose 1.1%.
Synovus Financial beat Q4 earnings estimates; shares jumped 4%.
Wells Fargo beat earnings estimates and projected 1-3% higher net interest income for 2025; shares surged 6.6%.
Market movers
Meta added 200 megawatts of solar power to its 12-gigawatt renewable portfolio.
The FTC and two states sued John Deere, alleging illegal restrictions on farmers' ability to repair equipment.
Drake sued Universal Music Group for defamation, claiming the label promoted false allegations.
Google's NotebookLM had to teach its AI podcast hosts not to act annoyed at human interruptions.
Microsoft cut jobs across security, sales, and gaming teams.
๐ Global Perspectives
๐ฎ๐ฑ ๐ต๐ธ Israel and Hamas agreed to a six-week ceasefire deal that includes the release of 33 hostages and Palestinian prisoners.
๐ฟ๐ฆ South African authorities pulled 78 bodies from an illegal mine after a months-long siege where police blocked food and water supplies.
๐ฆ๐บ ๐ท๐บ Australia threatened "strongest action" against Russia if captured soldier Oscar Jenkins is confirmed dead after interrogation video surfaced.
๐บ๐ธ ๐จ๐ณ The US Treasury sanctioned over 150 companies and individuals, including dozens of Chinese firms, for supporting Russia's war effort.
๐ Crypto
Institutional OTC trading volumes doubled in 2024, jumping 106% after Trump's win and ETF launches.
Oklahoma became the sixth state to propose a Bitcoin strategic reserve.
Senator Tim Scott, chair of the US Senate Banking Committee, announced plans to establish a regulatory framework for digital assets.
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๐ค What you said last time
โI'm in the liquor industry, the Bourbon bubble has popped.โ
๐ง Errata
For the first time, a Ring doorbell camera captured the sight and sound of a meteorite crashing to Earth.
Australian scientists discovered a new species of deadly funnel-web spider nicknamed "Big Boy."
Astronomers spotted a supermassive black hole, as large as 700 million suns, shooting a giant energy beam directly at Earth. [Ed: what]
Scientists discovered an enormous underground reservoir in the Oregon Cascades, holding more than twice the amount of water in Lake Mead.
๐บ What to Watch Today
Thatโs all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
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