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| | Yesterday, we announced that Alts 1 is open again to new investors, and we’ve already received over $400k in interest. If you would like to invest differently—in assets like blue-chip wine, British contemporary art, tequila barrels, and Pele rookie cards—please get in touch. | | Oh, and don’t forget to check out our curated book recommendations. |
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🚀 The AI Future of Marketing 🚀 |
With 7,000+ investors, RAD AI is disrupting the $633b content and data industry. |
They help brands create content that resonates deeply with their target audience and, most importantly, deliver outsized ROI. |
Last year we did an issue questioning if RAD AI is a good investment. Since then... |
Nvidia's value went to $2 trillion Cisco spent $28b on its largest AI acquisition ever, and Reddit’s move to license data for AI has re-energized the IPO market.
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That's the power of AI… |
| RAD AI has been dubbed ‘game-changing’ by Fortune 500 execs. Here's your chance to invest. |
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For RAD, the potential is evident in the numbers: |
$27m raised since 2018 7,000+ investors, including VCs, execs at Google, Amazon and Meta ~3X revenue growth from 2022 to 2023 — while landing major clients, including Hasbro, Skechers, and Sweetgreen Leadership has 5 exits between them.
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The round closes in one week! (Apr 29) |
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This is a paid advertisement for RAD AI’s Regulation CF offering. Please read the offering circular and related risks at invest.radintel.ai |
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📰 Market Headlines |
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Mixed earnings reports kept stocks flat. The major indexes stalled waiting on more big earnings reports and the PCE print this Friday. Meta slumped 15% on weak revenue projections for Q2. Ford beat expectations and jumped up 1.6% as its commercial unit offset EV losses. Though the markets might be obsessed with cuts, higher rates might be better for the economy overall. Biden signed the odd-couple Fund Ukraine/Ban TikTok bill into law. TikTok has plans for an extended legal fight.
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🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
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😱 Fear and Greed Index |
Poco a poco. |
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🎤 What you said last time |
You all are deeply skeptical of Mr. Musk. |
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📈 Trends you need to know | |
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🧠 What do you think? |
💬 Have your say |
Should TikTok be banned in the US? |
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📊 Stocks |
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Winners and losers |
Earnings, upgrades, and acquisitions |
Boeing reported its first quarterly revenue drop in seven quarters, dropping shares by 3%. IBM slipped 5% after announcing a $6.4 billion deal to acquire HashiCorp and reporting another revenue miss. Hasbro's turnaround efforts helped it beat Q1 profit estimates, sending shares soaring 12%. Humana boosted its 2024 Medicare Advantage membership forecast by 50,000, yet shares still slid 3.7%. Viking Therapeutics shares surged 4.6% and are up a staggering 93% year-to-date. Chipotle’s revenue grew 14.1%, with same-store sales up 7%. Shares rose 3%.
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Market movers |
Amazon has suspended new US Green Card sponsorships for foreign workers until the end of 2024. The FCC is set to restore net neutrality on Thursday, reclassifying ISPs as common carriers under Title II of the Communications Act. Elon Musk floated the idea of turning Tesla's fleet into a distributed computing network for AI. Bayer announced layoffs that will affect thousands of managers in an attempt to save $2.15 billion.
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Ideas, trends, and analysis |
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🌍 Global Perspectives | 🇦🇷 Argentina's President Milei's economic team projects monthly inflation slowing to 3.8% by September. 🇵🇸 🇮🇱 The Gaza Strip could surpass famine thresholds of food insecurity, malnutrition, and mortality in six weeks. 🇺🇸 🇷🇺 🇺🇦 Russia's ambassador to the US told Newsweek "America has chosen the path of war" in response to President Biden's $61 billion aid bill. 🇮🇷 An Iranian revolutionary court sentenced well-known rapper Toomaj Salehi to death for charges linked to Iran's 2022-23 unrest.
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🧠 Errata | Riderless military horses covered in blood galloped through London, injuring civilians before being corralled by police. Cops are testing AI body cams that can write police reports in just five minutes. A flying car made history with its first passenger flight, piloted by electronic music legend Jean-Michel Jarre. In a world first, a terminally ill woman underwent a combined pig kidney transplant and mechanical heart pump implant.
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📺 What to Watch Today |
| Flamethrowing robot dog goes on sale in US |
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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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