🎮 Gamestop is back; we're so back.

🩷 Plus, someone punched Steve Buscemi in the face in a "random attack."

I’m traveling for the next couple of weeks, so your Stocks and Income issues may come later in the day than usual.

Take Advantage of Rent Growth in High Demand Texas Market

BV is developing the "​Landhause at Greune​" a multifamily property in the high-growth San Antonio/New Braunfels Metroplex.

This farmhouse-style property offers 356 ”Class A” units and exceptional amenities that will set the standard in the local market.

This property offers a unique farmhouse style with 356 ”Class A” units and exceptional amenities that will set the standard in the local market.

BV Capital believes that multifamily ground-up construction presents a significant opportunity for investors today, as they expect a supply-demand imbalance to materialize in the Texas multifamily market come 2025.

Projects that manage to get off the ground now, like Landhaus at Gruene, will be there to meet that demand — and even benefit from higher rental rates.

The offering is approximately 90% subscribed — accredited investors don’t miss your chance to be part of this exciting project.

📰 Market Headlines

  • Yesterday was a mixed bag. Markets paused looking ahead to the big CPI print and earnings reports this week.

  • GameStop skyrocketed 74% after the social media account that triggered the 2021 frenzy “Roaring Kitty” posted for the first time in years.

  • OpenAI launched GPT-4o (for Omni) which is faster, cheaper, and directly supports amazingly human audio input and output.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

Markets have given up on a June cut. November is now the earliest likely(ish) date.

😱 Fear and Greed Index

🎤 What you said last time

This comment feels most right to me:

“Inflation. During COVID-19, people had excess time with excess stimulus cash. Now loan repayments have kicked back in, the dollar is worth less at the store, and adding the monthly cost of a dog on top of being back in the office doesn’t add up. I say this as a very proud rescue dog dad who hopes the trend goes back to more adoptions.”

📈 Trends you need to know

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I’m about to board a flight from Spain to the US (where I grew up). Looks like I’m not the only one.

🧠 What do you think?

💬 Have your say

Assuming work/money were no object, if you were to move anywhere, where would you go?

Login or Subscribe to participate in polls.

📊 Stocks

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

Winners and losers

Earnings, upgrades, and acquisitions

Market movers

  • Anglo American rejected BHP's $42.7 billion buyout offer, saying it still undervalues the company.

  • Major US airlines have sued the Transportation Department over a new rule requiring upfront disclosure of fees.

  • Melinda Gates announced she is leaving the Gates Foundation after 20 years, taking $12.5 billion to start her own charity.

  • Kraft Heinz stated it is exploring a $3-5 billion sale of its Oscar Mayer meats business as demand shifts to healthier options.

Ideas, trends, and analysis

  • High-performance memory chips are in tight supply due to surging AI demand, with SK Hynix and Micron sold out for 2024.

  • President Javier Milei's "shock therapy" approach has dropped Argentina's monthly inflation from 25% in December to 11% in March.

  • India created 514 million person-years of employment between 2014-2024, with micro-loans generating steady jobs.

🌍 Global Perspectives

  • 🇷🇺 🇺🇦 A 10-story residential building in Belgorod, Russia, was struck by a Ukrainian missile, killing 15 people.

  • 🇪🇬 🇿🇦 🇮🇱 Egypt said it would join South Africa in an International Court of Justice case alleging Israel has committed genocide.

  • 🇰🇿 A former economy minister of Kazakhstan was sentenced to 24 years in prison for murdering his wife.

  • 🇮🇶 One of Europe's most notorious people-smugglers, known as Scorpion, was arrested in Iraq.

  • 🇨🇦 In British Columbia, Canada, 3,500 people have been ordered to evacuate as raging wildfires consume over 14,000 acres.

📊 Crypto

  • Solana-based meme coins soared on GameStop’s meme power resurgence.

  • Bitcoin rose nearly 3% yesterday, reaching $63,000.

  • The US House overturned the SEC's anti-crypto guidance preventing banks from owning crypto, but Biden plans to veto it.

🧠 Errata

📺 What to Watch Today

Low latency, real-time audio, and video understanding, a voice with emotion and self-awareness. Highly impressive.

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

Cheers,

Wyatt

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