❇️ Closing Soon ❇️ - Invest in robotic, stackable homes

Innovative housing | 80,000 orders | $11m raised

​ZenniHome​ isn't just another housing project; it's a real solution to the housing crisis.

Their units are designed as standalone single-family homes, ADUs, or building blocks for large multi-family communities.

Highlights:

• CEO ​Bob Worsley​ is a former Arizona senator and the guy behind SkyMall (sold to Rupert Murdoch)

• One of Wefunder's biggest campaigns. Raised $11 million from 2,000 investors

• Revenues grew from $5.1m in 2023 to $70m in 2024. Expecting profitability this year.

• Leadership team from Tesla, Bosch, SkyMall, Offerpad, Invitation Homes

Their mission is to completely revamp the housing industry with units that are scalable, sustainable, and stackable.

Invest in the future of housing.

Investment closes on April 29. Minimum investment: $250

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🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

😱 Fear and Greed Index

This is not going well.

🧠 What do you think?

💬 Have your say

Other than opportunity costs of interest payments (if America is paying down debt, it’s not building roads), how big a deal is the ballooning national debt?

🎤 What you said last time

Incredible parity between these two funhouse mirror reflections of classic films.

📊 Stocks

Winners and losers

Earnings, upgrades, and acquisitions

• United Airlines reported a narrower-than-expected Q1 loss, despite a $200 million hit from the Boeing 737 Max 9 grounding; shares soared more than 8.5% after-hours.

• Bank of America's profits shrank as it set aside more money to cover souring loans. Shares fell over 3%.

• Morgan Stanley beat estimates with a 4% revenue increase and a 19% EPS jump. Shares climbed over 2%.

• JB Hunt missed Q1 EPS estimates and revenue of $2.94 billion fell short of the $3.12 billion consensus; the stock is down 7.92% in the last 3 months.

• PNC Financial saw Q1 profit plunge 21%, dropping the stock price by over 2%.

• Adidas raised its 2024 operating profit outlook after a better-than-expected Q1. Shares rallied 3.5%.

• UnitedHealth expected the Change Healthcare hack to cost up to $1.6 billion this year but maintained its 2024 earnings forecast. Shares surged 5.3%.

• Johnson & Johnson topped Q1 profit estimates as medical device sales jumped 4%, however, shares closed more than 2% lower.

Market movers

• Live Nation tanked 7% after news the Department Of Justice will file an antitrust lawsuit next month. [Ed: this is long overdue]

• Another Boeing whistleblower.

• Insiders reported Red Lobster is toying with bankruptcy to restructure its debt. [Ed: Victims of their own AYCE success]

• Startup Rivos raised over $250 million to develop cheaper AI chips than Nvidia, targeting smaller installations.

• Tesla's global job cuts hit its two biggest markets:

  • In the US, several service centers saw heavy layoffs, primarily sales staff and technicians.

  • In China, over 10% of Tesla's sales team is being let go.

  • Shares tumbled almost 10% in two days.

• More layoffs across big banks:

  • Citigroup saw the biggest drop, shedding 2,000 employees in Q1 as part of a broader plan to cut 20,000 jobs.

  • Bank of America, Wells Fargo, and PNC Financial together cut over 2,000 jobs.

  • USAA eliminated 220 roles, after cutting nearly 1,000 jobs last year.

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