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| | | | We’ll take Monday off for Memorial Day. Best wishes to everyone who has lost someone to war — either during the conflict or after — and may their memory be a blessing. |
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The $600 billion industry no one's talking about |
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Half the planet will go through menopause, but there are only a tiny number of companies dealing with the problem. |
But one company, Rootless, is crushing it in this space. They're growing quickly and have made room for Alts members to get in on their equity round. |
This is the kind of investment idea we LOVE at Alts. |
✅ Huge Market? |
✅ Unloved Market? |
✅ No competition? |
✅ Solves a painful problem? |
✅ Wealthy customers? |
I'll review the opportunity this week, but you can skip the queue today. |
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Are you looking to invest $25k or more? Request a warm introduction to Sachi, the CEO. |
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📰 Market Headlines |
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The SEC greenlit Ether ETFs on the NYSE and Nasdaq, but money manager filings still await approval. The move marks the first step toward trading ether ETFs, potentially bringing them to 401(k)s and IRAs. Ether currently holds a market cap of over $450 billion, making up 18% of crypto's total market value.
Nasdaq fell 0.4%, S&P 500 dropped 0.8%, and Dow slid 1.5% in its worst day since March 2023. Mortgage rates dipped below 7% for the first time in over a month. The DOJ sued Live Nation, alleging Ticketmaster abused its industry dominance to harm fans nationwide.
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🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
The November rate cut odds keep trickling lower. |
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😱 Fear and Greed Index |
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🎤 What you said last time |
Kalshi has 0 cuts at 29% if you want to put your money where your mouth is. |
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📈 Trends you need to know | | Hey Siri, define “selling the news.” |
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🧠 What do you think? |
💬 Have your say |
With BTC ETFs available now and ETH soon: |
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📊 Stocks |
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Winners and losers |
Earnings, upgrades, and acquisitions |
Ross Stores beat Q1 earnings estimates; shares jumped 7%. Workday sank 8% despite topping Q1 earnings estimates. Intuit's revenue exceeded forecasts, but shares fell 7% after guiding Q4 EPS below expectations. Deckers Outdoor delivered a 43% EPS jump and 21.2% revenue growth in Q4, sending the stock soaring over 7%. BJ's Wholesale Club jumped 3.37% after exceeding Q1 expectations, reporting a 4.2% growth in revenue. TD Bank rallied 1.6% premarket after reporting fiscal Q2 adjusted EPS, topping estimates. Ralph Lauren posted a 2% rise in Q4 revenue, pushing shares up 3.27%.
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Market movers |
Tesla dropped its goal of delivering 20 million vehicles annually by 2030 from its latest impact report, shifting focus to robotaxis. Spotify has shut down its "Car Thing" devices, sparking customer demands for refunds. NASA announced a new June 1 launch date for Boeing's Starliner astronaut-crewed mission. Cambridge researchers have developed a cement recycling method with nearly net zero emissions.
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Ideas, trends, and analysis |
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Weekly jobless claims fell 8,000 to 215,000 and continuing claims rose slightly to 1.794 million. Auto insurance rates have skyrocketed 22.6% from a year ago, the largest annual increase since 1979. Credit card debt delinquencies spiked to a 14-year high of 10.7% in Q1.
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🌍 Global Perspectives | 🇹🇼 🇨🇳 Taiwan scrambled jets and put missile, naval, and land units on alert as China conducted military exercises around the island. 🇿🇦 South African biotech company Afrigen has collaborated with a Nobel Prize-winning scientist to develop a groundbreaking gene therapy treatment. 🇪🇺 The European Commission fined Oreo-maker Mondelez $366 million for obstructing sales between EU member states. 🇷🇺 Two more Russian officials were arrested in a widening military corruption probe. 🇲🇽 A stage collapsed at an election campaign rally in Mexico, killing nine people and injuring dozens.
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📊 Crypto |  | a |
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📺 What to Watch Today |
Footage of the billion-dollar treasure ship Colombia is working to recover. |
 | Colombia to to explore 300-year-old shipwreck thought to hold treasure |
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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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