The Euros kick off two weeks from today, and we’re running a fantasy league to celebrate. Winners get swag. Everyone else gets…something else.
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Everyone wins something, and the top prize is playing 5-a-side football with Zidane!
Is AI about to disrupt hospitality?
Jurny CEO Luca Zambello discusses the transformative role of AI multi-agents in hospitality in a recent CNBC interview.
Jurny is an AI platform automating hotel and short-term rental operations, targeting over $355B in operational costs annually.
Partnered with industry giants like Airbnb, Vrbo, and Expedia, Jurny’s technology fully automates operations for thousands of properties globally.
In 2023, Jurny’s customer base grew 5x and it processed $35M+ in bookings.
Featured by CNBC’s Squawk Box for its AI innovations and impact on hospitality, as well as by Forbes, Bloomberg, Skift, and many others.
Successfully raised more than $12M from leading VCs and 1,200+ individual investors.
Act now to secure your investment in Jurny before it's too late. This is a rare opportunity to invest alongside leading VCs, and you don’t want to miss you. Learn More & Invest
Disclaimer: This is a paid advertisement for Jurny’s Regulation CF offering. Please read the offering circular at https://www.startengine.com/offering/jurny.
📰 Market Headlines
The Dow dropped another 350 points as bad earnings and economic data weighed on investor sentiment.
Tech stocks tumbled, with Dell falling 16% and even Nvidia taking a 3% hit.
New government data revealed the US economy grew at a slower pace in Q1, with GDP growth revised down to 1.3%.
Former President Trump was found guilty of 34 counts of falsifying business records and campaign finance violations, becoming the first US president to be convicted of criminal charges.
🕶️ Market Vibes
🎰 Market Forecasts and Futures
😱 Fear and Greed Index
🎤 What you said last time
I wonder if this poll would have turned out differently a year ago.
📈 Trends you need to know
Tesla has underperformed its benchmark by nearly 43% YTD.
🧠 What do you think?
💬 Have your say
Yesterday’s historic conviction of former President Trump comes just five months before the US presidential election.
What impact will the conviction have on his chances?
📊 Stocks
Get $20 free shares at public.com using code ALTSCO.
Winners and losers
Earnings, upgrades, and acquisitions
Kohl's shares plummeted as much as 25% after reporting a surprise Q1 loss.
Birkenstock shares rocketed 12% after the company beat Q1 earnings and revenue estimates.
Ulta Beauty lowered its full-year guidance after Q1 comparable sales rose; shares jumped 8.2%.
Costco topped Q3 revenue estimates, however, shares sank 1.04%.
Marvell Technology reported in-line Q1 EPS and offered Q2 guidance that met expectations; shares fell 2.6%.
Dollar General shares dropped 8% despite beating EPS and revenue expectations.
Zscaler surpassed fiscal Q3 earnings and revenue estimates; shares surged over 14%.
Market movers
TikTok prepared a US copy of its core algorithm to convince US lawmakers it can operate independently of its Chinese parent company.
OpenAI said it has disrupted five covert influence operations including campaigns from Russia, China, Iran, and Israel.
The US Department of Labor sued Hyundai Motor Co. over the illegal use of child labor in Alabama.
Medline Industries has recalled 1.5 million portable adult bed rails across the US and Canada following entrapment deaths.
Hackers claimed to have stolen the personal details of 560 million Ticketmaster customers worldwide, demanding a $500,000 ransom.
Ideas, trends, and analysis
Orange juice prices have climbed to record highs, forcing some juice makers to consider alternative fruits.
Brand-new home sales have suddenly tripled as homebuilders attract buyers by promising affordability and customization.
Fast food chains like McDonald's, Popeyes, and Taco Bell have raised prices at more than double the national inflation rate.
About 37% of Americans have been charged a late fee on a bill in the last 12 months, with credit card late fees being the most common at 21%.
🌍 Global Perspectives
🇺🇸 President Biden permitted Ukraine to use US weapons to strike targets in Russia near the Kharkiv region.
🇮🇱🇵🇸 Israeli forces seized control of the entire Gaza-Egypt border corridor.
🇺🇦 The number of Ukrainians living in poverty has grown by 1.8 million since 2020 as Russia's invasion continues to ravage the economy.
🇿🇦 South Africa's ruling ANC party looks set to lose its parliamentary majority for the first time since coming to power 30 years ago.
📊 Crypto
FTX's bankruptcy fees have topped $500 million for lawyers and advisors.
BlackRock amended its Ethereum ETF application, revealing a "seed capital investor" purchased 400,000 initial shares at $25 each.
A16z Crypto donated another $25 million to pro-crypto super PAC Fairshake, bringing its total contributions to $47 million.
🧠 Errata
Russia launched a "counterspace weapon" into orbit, but it's probably nothing.
Japan's bonsai trees are being targeted for theft and trafficking.
'General Hospital' actor Johnny Wactor was killed after trying to stop a thief from stealing his catalytic converter.
Hackers destroyed over 600,000 internet routers across the US Midwest in a recently discovered 2023 cyberattack.
A man with a suspended license joined a court Zoom call while driving.
📺 What to Watch Today
I think I can predict the verdict on this one.
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
