🥩 Novo is tripling down on fat drugs

📉 But Nvidia shares are crashing faster than Boeing airplanes

RSVPs for our Nashville trip in October go live tomorrow. If you’re into music and making money from music, it could be right up your street.

Get your piece of the sun ☀️

With a cool new concept: Community Solar

​Neighborhood Sun​ connects people to local solar farms for clean energy. It's a game-changer for those who have an electricity bill, but are unable to install solar panels (for example those who rent their home, or live in an apartment or condo, etc..)

They're raising ​$500,000 on WeFunder​ to expand their platform into new markets.

Why invest in Neighborhood Sun?

  1. Obvious demand: Everyone wants to save money. Neighborhood Sun customers can save up to 30% on their electric bills.

  2. Revenue growth: They've grown revenue 318% over the past 2 years building out the Sun Engine platform

  3. Project growth: There are 134 community solar projects live on the platform

  4. Sustainable impact: Neighborhood Sun is a Certified B Corp using business as a force for good.

Join Neighborhood Sun in making solar energy accessible to all.

It's better for your wallet, your planet, and your community.

📰 Market Headlines

  • Stocks were at a crossroads Monday with non-tech sectors advancing, offsetting Nvidia's $400 billion selloff.

  • OpenAI changed its policy to allow current and former employees equal participation in annual stock sales.

  • Novo Nordisk announced it will spend $4.1 billion on a new manufacturing plant to boost the supply of Wegovy and Ozempic.

  • Pixar's "Inside Out 2" is currently grossing $724.4 million globally, making it the highest-grossing film of 2024.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

Does this say more about our newsletter’s demographics than anything else?

📈 Trends you need to know

Solar energy is crushing it. Find out why.

🧠 What do you think?

Better alternative energy option

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

  • Sonoco announced plans to acquire Eviosys in a $3.9 billion deal, enhancing their metal food can and aerosol packaging business.

  • Kinetik completed its acquisition of Durango Midstream’s Processing System yesterday, enhancing its Delaware Basin footprint.

  • Anheuser-Busch InBev stock rose 3% after UBS upgraded it to "Buy," citing margin growth and increased cash returns.

Market movers

  • Paramount+ announced price increases of $1-2 per month amid restructuring efforts.

  • Target has struck a deal with Shopify to add new brands to its third-party marketplace to boost online traffic and sales growth.

  • Samara, a startup from Airbnb, introduced tiny-home mortgages to address California's significant housing crisis.

  • CytoSorbents announced Taiwan's regulatory approval of CytoSorb for removing toxins during cardiothoracic surgery.

  • Rockwell Automation issued plans to cut 3% of its workforce to offset high customer inventories.

Ideas, trends, and analysis

  • The 'Great Resignation' has entered its third year, with 28% of workers planning to switch jobs and embrace AI and upskilling.

  • China's retail is struggling as mid-year shopping festival sales decline, with 28% planning job changes and only 31% expecting income growth.

  • Oman's producer prices fell 1.7% in Q1 2024, driven by lower crude oil and natural gas prices.

🌍 Global Perspectives

  • 🇪🇺🇨🇳 The EU and China agreed to negotiate after the EU proposed tariffs on Chinese EVs.

  • 🇨🇳 China will limit low-end solar manufacturing due to overcapacity and price wars.

  • 🇦🇺 Australia announced they will water down the planned, first of its kind, vape ban after opposition from the Greens party.

  • 🇺🇸🇮🇱🇱🇧🇮🇷 The US military warned any Israeli offensive into Lebanon risks an Iranian response in defense of Hezbollah.

📊 Crypto

  • BlockDAG Network advanced the Layer 1 blockchain with unique Proof of Work and DAG.

  • Hut 8 received $150 million from Coatue for AI data center expansion.

  • Mt. Gox has begun repaying victims of the 2014 hack in July, potentially adding selling pressure to Bitcoin and Bitcoin Cash markets.

🧠 Errata

  • Scientists detected a six-second signal, potentially from the missing Malaysia Airlines flight MH370.

  • "Pirates of the Caribbean" actor, Tamayo Perry, was killed by a shark in Hawaii. Seems a little on the nose.

  • Amazon's Kindle is serving up bizarre AI-generated books with titles like "A Girl's Quest For Healthy Eating."

  • NASA astronauts are stranded in space due to a malfunctioning Boeing Starliner, and SpaceX may need to launch a rescue.

📺 What to Watch Today

At this point, it’s your fault if you enter a Boeing aircraft.

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

Cheers,

Wyatt

Reply

or to participate.