Turn your playlist
into your portfolio. ♫

Last year, we gave you early access to ​JKBX​, a new music investing platform that was about to launch.

I'm happy to report that SEC approval has been granted, and you can now invest in songs just like they were stocks. ✅

​

What really sets JKBX apart is their selection, which already boasts some ​seriously impressive names​, and seems to get better each month.

Both accredited and non-accredited investors can invest. Every time you hear a song, somebody’s getting paid. That somebody could be you.

​Browse all listings​, and get on their email list to get notified on new drops.

PS - You can meet JKBX's CEO Scott Cohen at our ​investor trip to Nashville​!

Visit ​www.jkbx.com/legal/offering-circulars​ for important Reg A disclosures. This content is not investment advice, nor is it an offer of securities. All investments involve risk and may result in loss.

📰 Market Headlines

• The Fed slashed interest rates by 50 basis points yesterday, marking its first rate cut since 2020.

  • The S&P 500 and Nasdaq both closed down about 0.3% after an initial rally, while the Dow Jones fell 0.25%.

  • The Fed's dot plot projected two more 25 basis point cuts this year.

• Amazon announced plans to give over 800,000 US employees free Prime memberships and wage increases.

• California Governor Gavin Newsom signed new laws to curb AI-generated election deepfakes.

• The Teamsters Union announced they will not endorse either candidate in the 2024 presidential election.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi​, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

What you had to say:

“Yeah, he's done all that, but no one is forcing you to buy a Tesla, implant your brain, or take a rocket to the moon. Leave that up to the millionaires to sort it out.”

🧠 What do you think?

Markets forecast 50bps further rate cuts in 2024.

📊 Stocks

Winners and losers

Earnings, upgrades, and acquisitions

• Steelcase beat Q2 earnings estimates; shares tumbled 10.21% after hours.

• General Mills beat estimates, pushing shares up 0.68%.

Market movers

• LinkedIn scraped user data for AI training before updating its terms of service.

• BlackRock, Microsoft, and MGX launched a $30 billion AI infrastructure fund.

• MrBeast and Amazon were hit with a lawsuit from "Beast Games" contestants alleging mistreatment and sexual harassment.

• Fisker reversed its decision to make Ocean owners pay for recall repairs.

• Cisco laid off 7% of its workforce, affecting over 6,300 jobs.

• Boeing furloughed thousands as it prepares for an extended strike.

📺 What to Watch Today