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  <div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">
   As AI changes the world, people turn to smart assistants for… the same stuff as always?
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                  Sherwood Media/Datawrapper
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                   Presented by
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                   Hey Snackers,
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                  <p style="margin:0;margin-bottom:16px">
                   Since the dawn of Furby nearly three decades ago, one rule in toy making has proved itself true time and time again:
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     there’s always money in weird little guys
                    </strong>
                   </a>
                   . The latest case in point: Labubu, the
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                    <strong>
                     wildly hyped little monster toys
                    </strong>
                   </a>
                   by Chinese toy maker Pop Mart. Sales of the Monsters franchise, fueled by the zoomorphic creatures, grew to
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                     $670 million
                    </strong>
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                   in the first half of the year. To put that in perspective, that’s nearly
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                    <strong>
                     twice the sales of Barbies
                    </strong>
                   </a>
                   in the same period.
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                   The nascent pullback across high-flying, AI-linked names
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                    <strong>
                     picked up steam
                    </strong>
                   </a>
                   on Tuesday, sending major indexes down even as most stocks went up. The S&amp;P 500 fell 0.6% despite having far more gainers than losers, the Nasdaq 100 tumbled 1.4%, and the Russell 2000 gave back 0.8%.
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                  <a style="text-decoration: underline; color: #5869ff;" target="_self">
                   <strong>
                    As AI changes the world, people turn to smart assistants for… the same stuff as always?
                   </strong>
                  </a>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   Google, Amazon, and Apple have all touted improvements to their digital assistants — Assistant, Alexa, and Siri, respectively — to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     use more advanced generative-AI technology
                    </strong>
                   </a>
                   . The
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     problem
                    </strong>
                   </a>
                   has been that even as they
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     promise
                    </strong>
                   </a>
                   new and better capabilities, these tools have lost some of their initial functionality, and companies are
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     struggling
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   to make everything work as advertised.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     A new survey from YouGov
                    </strong>
                   </a>
                   shed a little light on what exactly people want out of their digital assistants. The surprising thing? It’s all boring stuff that you can do with normal computers and don’t really need AI for.
                  </p>
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                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The three
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      most popular uses for digital assistants
                     </strong>
                    </a>
                    were checking the weather (59%), playing music (51%), and searching the web for an answer (47%).
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Lots of the other top uses were just sending basic telecommunications: 39% of respondents use them to call hands-free, 27% to send or receive messages, and 11% to control other media devices.
                   </li>
                   <li style="Margin:0 0 8px 0">
                    These digital assistants are not exactly doing rocket science — 40% of people use them to set a timer, while half that number uses them for smart home functions.
                   </li>
                  </ul>
                 </div>
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
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                  <p style="margin:0">
                   Where can AI help? Some
                   <strong>
                    27%
                   </strong>
                   of smart assistant users said their main problem with the technology is that it doesn’t understand their requests, while another
                   <strong>
                    12%
                   </strong>
                   cited a lack of accuracy and the
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     final complaint
                    </strong>
                   </a>
                   was that digital assistants aren’t as smart as expected. Maybe generative AI and LLMs can sand those edges a bit.
                  </p>
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                     Presented by State Street Investment Management
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                     HARD TO SWALLOW
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                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    Sure, you have a miracle drug that changed the way Americans eat, but what about
                   </strong>
                   <strong>
                    <em>
                     next
                    </em>
                   </strong>
                   <strong>
                    quarter?
                   </strong>
                  </a>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   Demand for blockbuster GLP-1 drugs has
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     never been higher
                    </strong>
                   </a>
                   , creating opportunity for both the drugmakers that developed them and telehealth companies that sell compounded versions. But for investors in those companies —
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Novo Nordisk, Eli Lilly, and Hims &amp; Hers
                    </strong>
                   </a>
                   being the ones that stand to benefit the most — the plate is half empty.
                  </p>
                  <p style="margin:0">
                   In fact, shares of each dropped the day they last reported earnings because Wall Street was unimpressed with their sales or, in Lilly’s case, progress on its next weight-loss product.
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     What gives?
                    </strong>
                   </a>
                  </p>
                 </div>
                </td>
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                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Total sales of the four major brand-name GLP-1s eclipsed $15 billion in the latest quarter for the first time ever, continuing
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      a sharp climb
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    A recent RAND survey showed that a whopping 11.8% of all Americans have used GLP-1 drugs for weight loss.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The drugs have become ubiquitous in America, but you wouldn't know it by looking at the recent stock price moves of the companies that sell them. Over the past six months, Lilly’s, Novo’s, and Hims’ stocks are down
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      18%, 34%, and 37%
                     </strong>
                    </a>
                    , respectively.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
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                  <p style="margin:0;margin-bottom:16px">
                   So, what’s holding them back?
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Uncertainty of the future, mainly.
                    </strong>
                   </a>
                  </p>
                  <p style="margin:0">
                   “The blowout in revenue and earnings per share, that’s great, but that’s all stuff that happened in the last quarter,” Brian Mulberry, an analyst at Zacks Investment Management, said of Lilly’s results. “We want to know where growth is headed.”
                  </p>
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
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                  <p style="margin:0">
                   Lilly, which has the newer and more effective drugs on the market, has gained ground on Novo, leading Novo to shuffle executives and take a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     massive hit to its market cap
                    </strong>
                   </a>
                   . Both are working on pill versions of their drugs — but Lilly’s late-stage trial results have shown that patients on its pill shed fewer pounds than investors had hoped, which cast
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a cloud over its otherwise massive earnings and sales beat last quarter
                    </strong>
                   </a>
                   .
                   <strong>
                   </strong>
                  </p>
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                      Read more
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                    <strong>
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                     The “SPAC King” gets back into the game
                    </strong>
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                  <p style="margin:0;margin-bottom:16px">
                   With
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     SPACs back on the menu
                    </strong>
                   </a>
                   , Chamath Palihapitiya, the former Facebook exec, SoFi founder, and “All-In” podcaster, is raising at least $250 million for a new special purpose acquisition vehicle called the American Exceptionalism Acquisition Corp. But his previous merger projects haven’t all led to great stock performance, as
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     this chart shows
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
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                    <strong>
                     One winner out of six
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                  </p>
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                  <strong>
                   Yesterday’s Big Daily Movers
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Viking Therapeutics
                    </strong>
                    plummeted over
                    <strong>
                     40%
                    </strong>
                    after its
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      weight-loss pill
                     </strong>
                    </a>
                    trial disappointed
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Palo Alto Networks
                    </strong>
                    surged after posting
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      better sales, earnings, and guidance
                     </strong>
                    </a>
                    than anticipated
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Fabrinet
                    </strong>
                    sank
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      double digits
                     </strong>
                    </a>
                    after warning of supply chain issues in its Nvidia-linked business
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Intel
                    </strong>
                    spiked
                    <strong>
                     7%
                    </strong>
                    after
                    <strong>
                     SoftBank
                    </strong>
                    invested
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $2 billion
                     </strong>
                    </a>
                    in the chipmaker and Commerce Secretary Howard Lutnick confirmed the US was in discussions for an equity stake
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Palantir
                    </strong>
                    led the way down with a
                    <strong>
                     9%
                    </strong>
                    drop as
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      momentum stocks cratered
                     </strong>
                    </a>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
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           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                     <span style="word-break: break-word;">
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                <td class="pad" style="padding-bottom:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   What else we're Snackin'
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li style="Margin:0 0 8px 0">
                    If April was “Sell America” month, June was “Buy America” month — and it was
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      9x the size
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     Nvidia
                    </strong>
                    reportedly has a new tailor-made
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Blackwell chip
                     </strong>
                    </a>
                    in the works
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      for sale to China
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Ethereum spot ETFs saw their second-largest daily outflow, reaching almost
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $200 million
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    After broad workforce cutbacks,
                    <strong>
                     Meta
                    </strong>
                    is now hoping to
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      downsize its AI team
                     </strong>
                    </a>
                    , too
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#f6f6f6;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
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             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-left:25px;padding-right:5px;padding-top:5px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                  <p style="margin:0">
                   Ad
                  </p>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-left:25px;padding-right:25px;padding-top:5px;vertical-align:top" width="100%">
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Snack Fact of the Day
                  </span>
                 </h1>
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                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #ffffff;">
                    <strong>
                     The US’s biggest local TV broadcaster wants to get bigger with a $6.2 billion megamerger.
                    </strong>
                   </a>
                  </p>
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           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Wednesday
                  </span>
                 </h1>
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                   <li style="Margin:0 0 8px 0">
                    Fed meeting minutes
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Earnings expected from
                    <strong>
                     Baidu, Lowe’s, Target, Estée Lauder, Viking, XpengTJX, Nordson Corporation,
                    </strong>
                    and
                    <strong>
                     Analog Devices
                    </strong>
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