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- 🏦 Just desserts for SVB execs
🏦 Just desserts for SVB execs
🎆 And Elon's rocket exploded (but in a very pretty way)
Have you already joined the Alts Community? If not, you’re 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While traditional betting operators rake in billions, they’ve alienated many of their users with high fees, outdated UX, and predatory practices.
No predatory bookies.
No house edge.
Just people betting against each other…on 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 invest in Kutt on Republic 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 “House” advantage.
Scalable business model. Kutt earns 3% on every bet placed — 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, click here.
📰 Market Headlines
Stocks snapped a three-day winning streak yesterday, with all three major indexes ending lower despite easing Treasury yields.
The Nasdaq fell 0.9%, with the S&P 500 down 0.2% and the Dow slipping 0.1%.
Treasury yields fell sharply for a third straight session, with the 10-year rate hitting 4.6%.
The World Bank warned that proposed US tariffs could slash global growth by 0.3 percentage points if trading partners retaliate.
Scott Bessent, Trump’s Treasury pick, defended sweeping tariffs in a contentious Senate hearing, citing revenue and negotiation strategies.
The FDIC sued 17 former Silicon Valley Bank leaders, alleging gross negligence and fiduciary breaches in the bank's collapse in 2023.
Elon’s latest launch exploded. Bezos’s latest launch was successful.
🔮 See the Future
Let’s see what the market will do, according to prediction market Kalshi.
🧠 Make yourself heard
DJT’s son, DJT jr, recently joined the Kalshi’s board.
There are currently dozens of markets on Kalshi focussing on his father’s decisions.
Is this a conflict of interest? |
📊 Ideas, trends, and analysis
AI is coming for your job
A US Treasury study found homeowners in high climate-risk areas pay 82% more for insurance premiums. [Ed: this sounds low]
China's Q4 GDP grew 5.4%, surpassing forecasts, driven by stimulus efforts despite trade tensions with the US.
😱 Fear and Greed Index
📊 Winners and losers
Earnings, upgrades, and acquisitions
JB Hunt reported Q3 revenue of $3.15 billion, 5% below estimated EPS; shares dropped 2.4%.
TSMC projected $38-42 billion in 2025 capital spending; shares jumped 7.3%.
UnitedHealth posted Q4 revenue of $400.3 billion, 0.8% below estimates; shares dipped 3.8%.
Bank of America doubled Q4 profit to $6.67 billion; shares fell 0.6%.
US Bancorp saw Q4 net income of $1.67 billion, narrowly beating projections; shares plunged 6.6%.
Morgan Stanley doubled Q4 profit to $3.71 billion, beating share estimates by 30%; shares rose 1.6%.
Market movers
American Express agreed to pay $230 million to settle US charges over deceptive sales practices to small businesses.
Apple disabled AI news summaries in beta software after complaints of inaccuracies, including merging unrelated headlines.
The FTC sued Greystar, America's largest apartment landlord, for misleading tenants about mandatory rental fees.
The FTC banned GM from sharing driver data with consumer reporting agencies for five years, following allegations of unauthorized data use.
🌍 Global Perspectives
🇨🇳 China launched a probe into US chip subsidies and alleged dumping practices.
🇮🇳 India became the fourth country to achieve space docking capabilities after its SpaDex mission successfully demonstrated the technology.
🇰🇷 South Korea's President Yoon was detained for questioning over insurrection charges after his December martial law declaration.
🇹🇼 🇨🇳 Taiwan's top China official urged Beijing to stop shunning President-elect Lai and resume dialogue.
📊 Crypto
MicroStrategy bought 2,530 Bitcoin for $243 million, bringing its total holdings to 450,000 BTC.
Litecoin surged 24% after Nasdaq filed to list a spot LTC ETF.
VanEck launched an ETF targeting companies building digital asset infrastructure.
Invest with the art investment platform with 23 profitable exits.
How has the art investing platform Masterworks been able to realize an individual profit for investors with each of its 23 exits to date?
Here’s an example: an exited Banksy was offered to investors at $1.039 million and internally appraised at the same value after acquisition. As Banksy’s market took off, Masterworks received an offer of $1.5 million from a private collector, resulting in 32% net annualized return for investors in the offering.
Every artwork performs differently — but with 3 illustrative sales (that were held for 1+ year), Masterworks investors realized net annualized returns of 17.6%, 17.8%, and 21.5%.
Masterworks takes care of the heavy lifting: from buying the paintings, to storing them, to selling them for you (no art experience required).
Past performance not indicative of future returns. Investing Involves Risk. See Important Disclosures at masterworks.com/cd.
🎤 What you said last time
“They're a mixed bag. And having worked with a few of them, generally not so impressed. Now philosophy students, now we're talking.”
🧠 Errata
NASA's "stuck astronaut" finally got some fresh air with her first spacewalk after 7 months aboard the ISS.
Stanford researchers created a device that makes ammonia fuel from thin air, powered only by wind.
David Lynch, the surrealist mastermind behind Twin Peaks and Blue Velvet, died at the age of 78.
The famous cat screech heard in hundreds of movies traced back to a 1988 recording of a kitten named Cheeta.
📺 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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