🤖 Google's taking a wiz

👊 And bitcoin bros bought the dip

If you’re into music and like money, you should consider joining us in Nashville this October.

Why?

Nashville has become the global center of music culture, production, and innovation.

Not New York, not London, not LA. Nashville.

The legendary city is oozing with music culture, including countless famous venues, recording studios, museums, and festivals.

AvaWatz: Collaborative AI + robotics

"Behind-the-scenes" tech for complex tasks

With all the hype around AI and robots, there's a misconception that robots just work on their own.

They don't. To get the job done, robots need to:

  1. Interpret data from sensors

  2. Communicate the appropriate action

  3. Overcome obstacles when stuff goes wrong (which is all the time)

Sounds simple! But in the real world it gets complicated, fast.

​AvaWatz​ develops systems that work together to do complex tasks. This is known as collaborative AI.

One use-case is airport safety. AvaWatz robots can detect small but harmful junk on airport runways.

See here:

There are a bunch of applications for this. Defect detection on power lines. Enhancing medical imaging analysis. All sorts of precision training.

Why Invest in AvaWatz?

  • Innovative: AvaWatz enables multiple systems to collaborate seamlessly, and complete intricate tasks with precision and reliability.

  • Versatile: Their tech can be applied across multiple industries, from logistics and manufacturing, to security and inspection.

  • Scalable: The platform’s modular design allows for easy scaling.

  • High growth potential: The market for autonomous systems is rapidly expanding.

  • Proven Expertise: The team behind AvaWatz brings extensive experience in AI and autonomous technology.

​Invest in AvaWatz​. They're pushing the boundaries of what autonomous systems can achieve.

📰 Market Headlines

  • An idiot tried to kill former President Donald Trump.

  • Markets eye earnings season kickoff as inflation data bolsters September rate cut hopes.

    • Netflix, ASML, and TSMC earnings are in focus this week as AI trade continues to dominate Wall Street.

    • The retail sales report is due Tuesday, with Oxford Economics expecting a 0.4% drop in June driven by lower gas prices.

  • Boeing got a boost as it began 777-9 certification flights with the FAA on Friday.

  • Google is reportedly in advanced talks to acquire cybersecurity startup Wiz for $23 billion, its largest deal ever.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

📈 Trends you need to know

As of this weekend, four presidential candidates have been shot while campaigning. None of the previous three won the election (RFK died).

🧠 What do you think?

🌡️ After Saturday, where's the electoral temperature going?

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

Another action-packed week of earnings reports. Here's who to look out for:

  • Monday: Goldman Sachs (GS), BlackRock (BLK)

  • Tuesday: Bank of America (BAC), Morgan Stanley (MS), UnitedHealth (UNH), Charles Schwab (SCHW), Progressive (PGR), PNC Financial (PNC),

  • Wednesday: Johnson & Johnson (JNJ), United Airlines (UAL), Discover (DFS), Ally Financial (ALLY), Synchrony (SYF), Kinder Morgan (KMI), Steel Dynamics (STLD)

  • Thursday: TSMC (TSM), Netflix (NFLX), Domino's (DPZ), Blackstone (BX), Alaska Air (ALK), Abbott Labs (ABT), Cintas (CTAS), PPG (PPG)

  • Friday: American Express (AXP), Travelers (TRV), Halliburton (HAL), SLB (SLB), Fifth Third (FITB), Regions Financial (RF)

Market movers

  • OpenAI filed a complaint with the SEC, alleging the AI company made employees sign overly restrictive NDAs.

  • Amazon was investigated on claims that the online retailer discriminated against pregnant warehouse workers.

  • SK On said it is in talks with automakers to supply prismatic batteries to diversify its product portfolio.

  • Citigroup asked a US judge to dismiss a racial discrimination lawsuit.

  • More tech layoffs:

    • Intuit announced plans to release 1,800 employees as it focuses on AI.

    • UiPath decreased its global workforce by about 10%, or 420 positions.

    • OpenText revealed its plan to cut about 1,200 positions.

    • SolarEdge is expected to announce the layoffs of hundreds more employees in the coming week after cutting 900 jobs in January.

Ideas, trends, and analysis

  • The job market is experiencing a bifurcation, with demand for non-degree jobs outstripping degree-requiring roles.

  • Labor markets remain tight, with 1.6 million more unemployed workers than job openings.

  • People in Blue Zones live longer by living in environments that naturally promote healthier decisions and strong social connections.

  • Dallas-Fort Worth has one of the worst inflation rates in the US at around 5%.

  • States like California, Texas, New York, and Florida are expected to have the highest demand for immigrant workers by 2030.

Recommended Newsletter

🌍 Global Perspectives

  • 🇮🇱🇵🇸 An Israeli airstrike killed at least 90 Palestinians in a designated humanitarian zone in Gaza.

  • 🇨🇳🇷🇺 China and Russia kicked off joint naval drills days after NATO called Beijing a "decisive enabler" of the war in Ukraine.

  • 🇳🇬 A school building collapse in Nigeria killed 22 students and trapped over 100 people in the rubble.

  • 🇷🇼 Rwanda's President Paul Kagame, in power for three decades, seeks to extend his rule in Monday's election.

  • 🇰🇵🇺🇳 NATO and North Korea exchanged condemnations over Pyongyang's military aid to Russia in the war against Ukraine.

📊 Crypto

🧠 Errata

  • Kenyan beekeepers are hiding hives in mangroves to deter illegal loggers with bee stings.

  • Astronauts can now drink their own pee in a new Dune-inspired spacesuit.

  • Archaeologists unearthed a mysterious Maya structure with painted walls hidden beneath a ball court in Mexico.

  • Meet Gnatalie, the only green-boned dinosaur ever found. It’s set to be put on display at the Natural History Museum in Los Angeles.

📺 What to Watch Today

Coming soon to an LA museum near you.

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

Cheers,

Wyatt

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