| | | | Want free financial guidance? 🥒 | Did you know that 60% of adults say their financial planning needs improvement, yet just one-third have sought financial advice? | Hiring a financial advisor isn't for everyone. But you should chat with a good one first, then decide. | Money Pickle figures out your needs, then matches you with top, vetted financial advisors. | | | How it works: | Take quiz: Answer a few short questions in the Money Pickle questionnaire Get matched: Money Pickle matches you to advisors with clean records, CFP certifications, and years of experience. Free video consultation: Schedule your free call with a matched expert to discuss: Retirement planning Stock investing Tax optimization Alternatives Whatever you'd like
| If you find value in the conversation, you can take the next steps. ✅ | If not, you leave with valuable insights. 👌 | Either way, Money Pickle simplifies the process, helping you make an informed choice with confidence. | | | 📰 Market Headlines | | Markets closed mixed as investors braced for inflation data. Crude oil prices tumbled to their lowest levels since December 2021. Apple lost its appeal against a $14.3 billion tax bill in the EU, ending an 8-year legal battle. SpaceX launched a private crew on a milestone mission aiming to conduct the first-ever commercial spacewalk. Today is the 23rd anniversary of the terror attacks of September 11th, 2001—condolences to everyone who lost someone on that day or due to subsequent events. Vice President Kamala Harris and former President Donald Trump faced off in their first debate last night. Most people say Harris won.
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| | 🕶️ Market Vibes | 🎰 Market Forecasts and Futures | Forecasts via Kalshi, the prediction market. | Both the jobs numbers and unemployment figures have worsened over the last week. | | 😱 Fear and Greed Index | | | 🎤 What you said last time | | What you had to say: | “Less land, more value.” | 📈 Trends you need to know | | Search volume for 9/11 continues to decline over time, with brief spikes for five-year anniversaries. |
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| | 🧠 What do you think? | Do you remember where you were on 9/11? | | | 📊 Stocks | | | Winners and losers | Earnings, upgrades, and acquisitions | GameStop swung to a profit in Q2 despite a 31.4% sales decline and shares went up 2%. Academy Sports reported Q2 EPS of $2.03, missing estimates; shares inched up 0.5%. Dave & Buster's posted Q2 revenue of $557.1 million, up 2.8% year-over-year as shares jumped 4%. Petco beat Q2 EPS expectations, but shares dipped 0.65%.
| Market movers | A Delta Air Lines plane struck an Endeavor Air jet at Atlanta airport, damaging both aircraft. Campbell Soup dropped "Soup" from its name, becoming "The Campbell's Company". Big Lots filed for bankruptcy and will be acquired by Nexus Capital Management; store closures are expected. Volkswagen scrapped six labor agreements in Germany, including its employment protection deal. Amazon launched a pilot program in Frankfurt using trams for last-mile deliveries. Keurig Dr Pepper agreed to pay a $1.5 million fine to the SEC for inaccurate statements about K-Cup recyclability in its annual reports.
| Ideas, trends, and analysis |
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| US median household income rebounded to $80,610 in 2023, up 4% from 2022 and matching pre-pandemic levels. The poverty rate edged down to 11.1% in 2023 from 11.5% in 2022, though child poverty rose to 13.7%.
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| |     | | 🌍 Global Perspectives | | 🇺🇦 🇷🇺 Ukraine launched its biggest drone attack yet on Moscow, with Russia claiming it downed 144 drones across nine regions. 🇮🇱 🇵🇸 Israeli strikes on a Gaza tent camp killed dozens of Palestinians in an area designated as a humanitarian zone. 🇺🇸 🇮🇷 The US imposed new sanctions on Iran Air and other entities over Tehran's missile transfers to Russia for use in Ukraine. 🇳🇬 Flooding in Nigeria's Borno state caused wild animals to escape from a zoo in Maiduguri. 🇯🇴 Jordan held parliamentary elections due to fears of a wider regional war.
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| | 📊 Crypto | | PayPal and Venmo integrated the Ethereum Name Service, allowing US users to send crypto using ENS names instead of wallet addresses. North Carolina lawmakers overrode the governor's veto on a bill preventing the state from implementing a central bank digital currency. Ethereum's on-chain stablecoin volume hit an all-time high of $1.46 trillion. TZero became the second firm to receive a special-purpose broker-dealer license from the SEC and FINRA, allowing it to custody digital asset securities.
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| | 🧠 Errata | Two suspects were arrested in Indiana for stealing bronze markers from veterans' graves across multiple cemeteries. A new sober dating app launched, betting on the 41% of Americans cutting back on alcohol consumption. Peruvian authorities seized 390 endangered frogs destined to become "Inca Viagra" in Lima.
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| | 📺 What to Watch Today |  | Veteran grave markers stolen from cemetery |
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| That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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