| | | Will this wearable wellness company get acquired? | Our new author Jeff Briskin thinks so. | Sensate is an innovative device designed to reduce stress and anxiety using infrasonic therapy. | It uses a combination of vibrations and sound to stimulate the vagus nerve and destress your nervous system in just 10 minutes. | From Jeff's analysis:: | | ❝ | | | My prediction is that Sensate will be acquired...most likely by a larger high-tech wellness device company with a more diversified product line. | | | | — Alts contributor Jeff Briskin |
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| Why you should consider investing in Sensate: | Patented: Sensate stands out with its patented product utilizing infrasonic therapy High demand: Sensate has 50,000 users, who have logged over sixty million minutes of use, or about 1,200 minutes per user. They've generated $15 million in revenue. Primed for an acquisition: The wearable wellness market is growing by 13.8%/year, and is expected to hit $69 billion by 2028. Lots of room for M&A.
| | Learn more: | | | | 📰 Market Headlines | | US stocks rebounded sharply, snapping a three-day rout. Markets now price in a 95% chance of a 50-basis-point rate cut by September. The Biden administration announced a $2.2 billion investment to overhaul the US power grid. Vice President Kamala Harris selected Minnesota Governor Tim Walz as her running mate.
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| | 🕶️ Market Vibes | 🎰 Market Forecasts and Futures | Forecasts via Kalshi, the prediction market. | | 😱 Fear and Greed Index | | | 🎤 What you said last time | | | 📈 Trends you need to know | | While credit card and auto loan defaults are still within historic norms, they’re both increasing at an alarming rate. |
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| | 🧠 What do you think? | Did you know hurricanes are great for the economy? | Well, did you? | | | 📊 Stocks | | | Winners and losers | Earnings, upgrades, and acquisitions | Airbnb forecast Q3 revenue below estimates; shares plunged 12%. Uber beat Q2 estimates with revenue up 16% as shares jumped 5%. Rivian maintained its production forecast, but shares fell 5% after hours. Super Micro Computer predicted Q1 revenue above estimates, boosting shares 4.9%. Caterpillar beat Q2 profit estimates despite revenue miss; up 3.1%. Reddit expects Q3 revenue above estimates, yet shares plummeted 10%.
| Market movers | Nvidia faced antitrust scrutiny from regulators in the US, Europe, and China over its AI chip dominance. A cyberattack on Mobile Guardian wiped thousands of student devices, affecting schools globally. Newell Brands, maker of Sharpies, moved more manufacturing out of China, relocating its writing business to Tennessee because of tariff concerns. Amazon's India chief resigned as the e-commerce giant grappled with mounting pressure from competitors. Dell laid off approximately 12,500 employees as part of a restructuring effort. Elon’s Twitter is suing companies for allegedly illegally not advertising on the social media platform.
|  | Elon Musk @elonmusk |  |
| We tried being nice for 2 years and got nothing but empty words. Now, it is war. |  Chris Pavlovski @chrispavlovski
Google just found out that they can't rig the search market to exclude their competitors anymore. And soon a cabal of advertisers and agencies will find out that they can't arbitrarily engineer a boycott of Rumble & X. We've joined @X to sue them, and we'll see them in court. |
| | | 3:48 PM • Aug 6, 2024 | | | |
| | 263K Likes 46.4K Retweets | 8.72K Replies |
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| Ideas, trends, and analysis |
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| The global hyperscale data center market is projected to reach $935.3 billion by 2032, with a 27.9% CAGR. 74% of voters believe that Supreme Court justices should have term limits. White House female employees earned 80 cents for every dollar men earned last year. International shipping handles 80% of global trade and contributes approximately 3% to global carbon emissions.
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| |     | | 🌍 Global Perspectives | 🇮🇱🇵🇸🇱🇧 Hamas chose the mastermind of the October 7 attacks Yahya Sinwar, as its new leader after the assassination of its political chief in Iran last week. 🇦🇷 Argentina's economy grew 2.3% year-over-year in May, as President Milei's reforms showed early signs of success. 🇨🇳 🇺🇸 A Chinese academic was convicted in the US of illegally acting as a foreign agent, facing up to 25 years in prison. 🇧🇩 Nobel laureate Muhammad Yunus agreed to head Bangladesh's interim government after mass protests ousted Prime Minister Sheikh Hasina.
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| | 📊 Crypto |  | Bloody Sunday |
| US-listed spot ether ETFs recorded $49 million in net inflows despite Monday's 20% price drop. Crypto market plunged $510 billion in three days, the largest sell-off in 12 months. Ether crashed to its lowest point of 2024, dropping below $2,200. SEC pushed back against Coinbase's "breathtakingly broad" subpoena request for Chair Gary Gensler's communications.
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| | 🧠 Errata | Researchers unearthed a tiny arm bone of Indonesia's extinct "Hobbit" people. Tropical Storm Debby drenched the Southeast, dumping up to 30 inches of rain. Two giant pandas from China made their American debut at the San Diego Zoo. A suburban New York county banned masks in public places, with exemptions for health, religious, or cultural purposes. CrowdStrike accidentally targeted a parody site with a DMCA takedown.
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| | 📺 What to Watch Today |  | San Diego Zoo releases 1st video of pandas from China |
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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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