Inboxes List

Create an inbox to save and track emails. It's free!

+New inbox
Back
Back
Back 
<!DOCTYPE html>
<html lang="en" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:v="urn:schemas-microsoft-com:vml">
 <head>
  <title>
  </title>
  <meta content="text/html; charset=utf-8" http-equiv="Content-Type"/>
  <meta content="width=device-width,initial-scale=1" name="viewport"/>
  <!--[if mso]>
<xml><w:WordDocument xmlns:w="urn:schemas-microsoft-com:office:word"><w:DontUseAdvancedTypographyReadingMail/></w:WordDocument>
<o:OfficeDocumentSettings><o:PixelsPerInch>96</o:PixelsPerInch><o:AllowPNG/></o:OfficeDocumentSettings></xml>
<![endif]-->
  <!--[if !mso]><!-->
  <!--<![endif]-->
  <style>
   *{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img+div{display:none}sub,sup{font-size:75%;line-height:0}#converted-body .list_block ol,#converted-body .list_block ul,.body [class~=x_list_block] ol,.body [class~=x_list_block] ul,u+.body .list_block ol,u+.body .list_block ul{padding-left:20px}.menu_block.desktop_hide .menu-links span{mso-hide:all} @media (max-width:620px){.social_block.desktop_hide .social-table{display:inline-block!important}.image_block div.fullWidth{max-width:100%!important}.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide table{display:table!important;max-height:none!important}.row-2 .column-1 .block-2.heading_block td.pad{padding:5px 5px 0 0!important}.row-13 .column-1 .block-2.heading_block td.pad,.row-4 .column-1 .block-1.heading_block td.pad,.row-6 .column-1 .block-2.paragraph_block td.pad,.row-9 .column-1 .block-2.paragraph_block td.pad{padding:0 0 10px!important}.row-4 .column-1 .block-1.heading_block h1{font-size:30px!important}.row-10 .column-1 .block-3.paragraph_block td.pad>div,.row-11 .column-1 .block-2.paragraph_block td.pad>div,.row-11 .column-1 .block-4.paragraph_block td.pad>div,.row-12 .column-1 .block-4.paragraph_block td.pad>div,.row-18 .column-1 .block-1.paragraph_block td.pad>div,.row-19 .column-1 .block-2.paragraph_block td.pad>div,.row-4 .column-1 .block-2.paragraph_block td.pad>div,.row-5 .column-1 .block-3.paragraph_block td.pad>div,.row-5 .column-1 .block-5.paragraph_block td.pad>div,.row-6 .column-1 .block-2.paragraph_block td.pad>div,.row-7 .column-1 .block-5.paragraph_block td.pad>div,.row-8 .column-1 .block-4.paragraph_block td.pad>div,.row-8 .column-1 .block-6.paragraph_block td.pad>div,.row-9 .column-1 .block-2.paragraph_block td.pad>div{font-size:16px!important}.row-10 .column-1 .block-4.divider_block td.pad,.row-11 .column-1 .block-5.divider_block td.pad,.row-13 .column-1 .block-1.divider_block td.pad,.row-14 .column-1 .block-1.divider_block td.pad,.row-16 .column-1 .block-1.divider_block td.pad,.row-4 .column-1 .block-3.divider_block td.pad,.row-7 .column-1 .block-1.divider_block td.pad,.row-8 .column-1 .block-1.divider_block td.pad,.row-9 .column-1 .block-4.divider_block td.pad{padding:24px 0!important}.row-10 .column-1 .block-4.divider_block .alignment table,.row-11 .column-1 .block-5.divider_block .alignment table,.row-13 .column-1 .block-1.divider_block .alignment table,.row-14 .column-1 .block-1.divider_block .alignment table,.row-16 .column-1 .block-1.divider_block .alignment table,.row-19 .column-1 .block-1.divider_block .alignment table,.row-19 .column-1 .block-3.divider_block .alignment table,.row-4 .column-1 .block-3.divider_block .alignment table,.row-7 .column-1 .block-1.divider_block .alignment table,.row-8 .column-1 .block-1.divider_block .alignment table,.row-9 .column-1 .block-4.divider_block .alignment table{display:inline-table}.row-10 .column-1 .block-2.heading_block td.pad,.row-12 .column-1 .block-2.heading_block td.pad,.row-15 .column-1 .block-2.paragraph_block td.pad,.row-20 .column-1 .block-3.paragraph_block td.pad,.row-5 .column-1 .block-2.heading_block td.pad,.row-7 .column-1 .block-3.heading_block td.pad,.row-8 .column-1 .block-3.heading_block td.pad{padding:10px 0!important}.row-6 .column-1 .block-1.heading_block td.pad,.row-9 .column-1 .block-1.heading_block td.pad{padding:25px 0 8px!important}.row-5 .column-1 .block-4.list_block td.pad,.row-8 .column-1 .block-5.list_block td.pad{padding:0 5px 5px!important}.row-12 .column-1 .block-3.list_block ul,.row-13 .column-1 .block-3.list_block ul,.row-17 .column-1 .block-1.list_block ul,.row-5 .column-1 .block-4.list_block ul,.row-8 .column-1 .block-5.list_block ul{font-size:16px!important;line-height:auto!important}.row-16 .column-1 .block-2.heading_block td.pad,.row-20 .column-1 .block-4.menu_block td.pad,.row-7 .column-1 .block-5.paragraph_block td.pad{padding:0!important}.row-12 .column-1 .block-3.list_block td.pad,.row-13 .column-1 .block-3.list_block td.pad,.row-17 .column-1 .block-1.list_block td.pad{padding:0 5px!important}.row-18 .column-1 .block-2.paragraph_block td.pad>div{font-size:11px!important}.row-19 .column-1 .block-1.divider_block td.pad,.row-19 .column-1 .block-3.divider_block td.pad{padding:29px 0 12px!important}.row-20 .column-1 .block-4.menu_block .alignment{text-align:center!important}.row-20 .column-1 .block-5.menu_block td.pad{padding:0 0 40px!important}.row-1 .column-1{padding:18px 20px 5px!important}.row-10 .column-1,.row-11 .column-1,.row-12 .column-1,.row-13 .column-1,.row-16 .column-1,.row-17 .column-1,.row-19 .column-1,.row-2 .column-1,.row-5 .column-1,.row-6 .column-1,.row-7 .column-1,.row-8 .column-1,.row-9 .column-1{padding:0 20px!important}.row-4 .column-1{padding:34px 20px 0!important}.row-14 .column-1{padding:5px 20px!important}.row-15 .column-1{padding:15px 20px!important}.row-20 .column-1{padding:0 20px 18px!important}}
  </style>
  <!--[if mso ]><style>sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% }</style> <![endif]-->
 </head>
 <body class="body" style="margin:0;padding:0;-webkit-text-size-adjust:none;text-size-adjust:none;background-color:#fff">
  <div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">
   It’s rare that a note on accounting disclosures gets Wall Street’s attention, and even rarer still that a complex visual rendering of tentacle-like corporate linkages goes semi-viral.
  </div>
  <div style="display:none">
   <a>
    <img alt="" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Flink.sherwood.news%252Fimg%252F65c45ba339ac936dfb3135a2p0mtd.3n6d3%252F63a96765.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaW5rLnNoZXJ3byIsInRpbWUiOjE3NjA2MTE1ODUuMzY5MjQ4Nn0:1v9LV3:KItt8vBIkO3h9sZ7he92QwgoYppgVRfW8y-R9zamjvI"/>
   </a>
  </div>
  <table border="0" cellpadding="0" cellspacing="0" class="nl-container" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff" width="100%">
   <tbody>
    <tr>
     <td>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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%">
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:35px;padding-top:20px;width:100%;padding-right:0;padding-left:0">
                 <div align="center" class="alignment">
                  <div style="max-width:220px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-7ow%252FSnacks%2520logo%2520%25281%2529.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcwMjg0OH0:1v9LV3:zSaa-IJeXW1_dxnjQX6StPq4Pi11YTQiV360b45hg6I" style="display:block;height:auto;border:0;width:100%" title="" width="220"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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:1px;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="width:100%;padding-right:0;padding-left:0">
                 <div align="center" class="alignment">
                  <div class="fullWidth" style="max-width:495px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Ffss%252Ffvl7w8%252F4947b357-9879-46f9-b501-e0c82d25d18c%252F5M7fIEgWVOnWljfj5ADjOx_1_Screenshot_2025-10-15_at_11.37.03a%25CC%2582__AM.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcwNDczMX0:1v9LV3:M_6qdH0DS8IVPfWo_1cXQSm2osD3y1vfzlOlmUcujPo" style="display:block;height:auto;border:0;width:100%" title="" width="495"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-right:30px;padding-top:5px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:10px;font-weight:400;letter-spacing:normal;line-height:1.2;text-align:right;margin-top:0;margin-bottom:0;mso-line-height-alt:12px">
                  (Morgan Stanley)
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="divider_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:13px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:16px">
                  <p style="margin:0">
                   Presented by
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="width:100%;padding-right:0;padding-left:0">
                 <div align="center" class="alignment">
                  <div style="max-width:180px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fbazh%252F6su869qw%252F6qx%252Fszq%252Fzze%252Fstate%2520street%2520investment%2520managers%2520logo%2520new.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcwNjI5fQ:1v9LV3:1mnGr-35TrguOQYEW8AlLJW42Hh-m_wqU4LiBzIIa-k" style="display:block;height:auto;border:0;width:100%" title="" width="180"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;padding-top:32px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:30px;font-weight:700;letter-spacing:-2.5px;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:36px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Hey Snackers,
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   If you thought
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     coffee
                    </strong>
                   </a>
                   ,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     popcorn
                    </strong>
                   </a>
                   , or
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     beer
                    </strong>
                   </a>
                   were the last dominos to fall in the race to protein-ify everything, think again. The rising (pep)tide has now come for America's favorite toaster pastry:
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Pop-Tarts
                    </strong>
                   </a>
                   , whose parent company Kellanova said it’s rolling out “
                   <strong>
                    Pop-Tarts Protein
                   </strong>
                   ” in early November in
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     three classic flavors
                    </strong>
                   </a>
                   . The launch comes after PepsiCo teased high-protein Doritos last week, and J.M. Smucker’s recent release of a protein-packed version of its shining star,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Uncrustables
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   Stocks finished higher yesterday after a
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     roller coaster session
                    </strong>
                   </a>
                   , where a morning rally was interrupted by a brief afternoon slide as traders weighed trade war fears against a strong start to earnings season.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:117px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     CIRCULARITY
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">
                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    Analysts are getting skittish about all that AI money just moving around in a big circle of deals
                   </strong>
                  </a>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   It’s rare that a note on accounting disclosures gets Wall Street’s attention, and even rarer still that a complex visual rendering of tentacle-like corporate linkages goes semi-viral.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     But a recent report
                    </strong>
                   </a>
                   <strong>
                    ,
                   </strong>
                   which included a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     chart
                    </strong>
                   </a>
                   detailing the web of relationships between major AI players, by a team of accounting analysts at Morgan Stanley seemed to achieve this feat. Published last Wednesday, it focused on a growing concern for many in the markets: the hundreds of billions of dollars’ worth of AI-related deals swirling between
                   <strong>
                    Microsoft
                   </strong>
                   ,
                   <strong>
                    Nvidia
                   </strong>
                   ,
                   <strong>
                    Oracle
                   </strong>
                   ,
                   <strong>
                    CoreWeave,
                   </strong>
                   and
                   <strong>
                    OpenAI
                   </strong>
                   .
                  </p>
                 </div>
                </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: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">
                    Todd Castagno, who headed up the team that worked on the report,
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      told Sherwood
                     </strong>
                    </a>
                    “I think the potential worry is that with some of these relationships, you have a contract and one of the players may not be able to deliver on that promise. That’s essentially the risk.”
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    It’s not exactly unheard of, Castagno assured us: “This kind of intertwining is not completely unfamiliar, to be honest. The best example is the leap into the avionics and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      aerospace industry
                     </strong>
                    </a>
                    in the 1920s through 1950s.
                    <strong>
                     Boeing
                    </strong>
                    funded its customers. It funded its suppliers. It owned its suppliers. Douglas, which then became
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      McDonnell Douglas
                     </strong>
                    </a>
                    <strong>
                     ,
                    </strong>
                    did the same thing.
                    <strong>
                     Lockheed
                    </strong>
                    .
                    <strong>
                     Raytheon
                    </strong>
                    .”
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    So, what’s the problem? “I think the opacity,” said Castagno. “We have published work from some of my colleagues that suggests a lot of the numbers from a certain player are maybe somewhat aspirational. We just don’t see that clarity, which is kind of the reason why we wrote this note.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0">
                   Who “a certain player” is is
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     left as an exercise for the reader
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-6" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:8px;padding-top:24px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:23px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:28px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   At its heart, this isn’t precisely skepticism about the AI trade as a whole, but more the way that these deals are being carried out. This is going to be a liability when established publicly-traded blue chip companies rub shoulders with
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     swashbucking startups
                    </strong>
                   </a>
                   and have to find out how to talk the same financial language.
                  </p>
                  <p style="margin:0">
                   “The reason we wrote it is that the disclosures are not as sufficient as some would expect,”
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     he said.
                    </strong>
                   </a>
                   “Now, I don’t think any of these companies are skirting accounting rules. But I think there could be more transparency, particularly with related party disclosures.”
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="button_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad">
                 <div align="center" class="alignment">
                  <a style="color:#ffffff;text-decoration:none;" target="_blank">
                   <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"  href="https://link.sherwood.news/click/42019969.6120183/aHR0cHM6Ly9zaGVyd29vZC5uZXdzL21hcmtldHMvYW5hbHlzdC1hLWxvdC1tb3JlLWRpc2Nsb3N1cmUtbmVlZGVkLW9uLXRoZXNlLWNpcmN1bGFyLWFpLWRlYWxzLz91dG1fc291cmNlPXNuYWNrcyZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1zbmFja3NfMjAyNTEwMTYmdXRtX2NvbnRlbnQ9NDAwZWJkNWYyOWQzOTM3ZTE1MWQxYWM0ZWVkYjgyNjA/65c45ba339ac936dfb3135a2K69a78678"  style="height:45px;width:133px;v-text-anchor:middle;" arcsize="9%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="0px" color="#5869ff"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:18px">
<![endif]-->
                   <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 0px solid transparent; border-left: 0px solid transparent; border-radius: 4px; border-right: 0px solid transparent; border-top: 0px solid transparent; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                    <span style="word-break: break-word; line-height: 36px;">
                     <strong>
                      Read more
                     </strong>
                    </span>
                   </span>
                   <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                  </a>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-7" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:26px;width:365px;v-text-anchor:middle;" arcsize="22%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 13px; padding-right: 13px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     Presented by State Street Investment Management
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top: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">
                  <strong>
                   Don’t miss out on a mid-cap allocation
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:15px;padding-top:15px;width:100%">
                 <div align="center" class="alignment">
                  <div style="max-width:550px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Ffss%252Ffvl7w8%252F5d2bd7e7-fff3-47ef-9b7d-2f06d5946613%252FSSIM_1000x500_MDY3%252B%25282%2529.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcwNzc3fQ:1v9LV3:Fzib2xSz6tBAM6A_fcgl4_9HRXBTMQSq1LZQMmq-Gfw" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   Want a smart, time-efficient way to invest in companies like Williams-Sonoma, The New York Times Company, Chewy Inc. and more? Tap into the outperformance potential of 400 mid-sized companies in a single trade with
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     MDY — the original mid-cap ETF
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   Wherever you’re headed, getting there starts
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     here
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-8" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:136px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     CRITICAL VALUE
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">
                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    Critical Metals is now worth more than $2 billion. It had only four full-time employees at the end of June.
                   </strong>
                  </a>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   Since President Trump’s interest in the sector kicked off a flurry of buying activity, the hottest trade on Wall Street has been in rare earth stocks.
                  </p>
                  <p style="margin:0">
                   With China recently stepping up restrictions on exporting rare earth metals,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     those bets have turned out to be well made
                    </strong>
                   </a>
                   . Now granted, most of those stocks took a bath yesterday, but the overall surge has led to some pretty fascinating situations in this emerging market.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-5" 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: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">
                    <strong>
                     Critical Metals Corp.
                    </strong>
                    , which engages in the mining, exploration, and development of lithium metals via its Wolfsberg and Tanbreez projects, has been one of the biggest beneficiaries.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    From a market cap in early May that was below $150 million, the company’s stock has soared, turning it into a more than
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $2 billion entity as of yesterday’s close
                     </strong>
                    </a>
                    . That’s more than what embattled fitness equipment maker
                    <strong>
                     Peloton
                    </strong>
                    is worth.
                   </li>
                   <li style="Margin:0 0 8px 0">
                    The most astonishing part? “As of June 30, 2025,” the company reports, “we had
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      4 full-time employees
                     </strong>
                    </a>
                    with a significant number of personnel engaged on a contractor basis.”
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-6" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0">
                   A good example of just how far investors are willing to bet on the future, Critical Metals reported revenue — technically “other income,” which was from European Union grants or interest on cash sat on deposit — of just ~$560,000
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     (a typical McDonald’s restaurant does about 7x as much in a year)
                    </strong>
                   </a>
                   in its most recent fiscal year, ended June 30, 2025.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-9" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:8px;padding-top:24px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:23px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:28px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0">
                   That is, obviously, a remarkably low headcount for a billion-dollar company. But what’s more astonishing is that it doesn’t seem to preclude a major deal from happening: Trilogy Metals, which has surged alongside Critical Metals and the rest of the rare earth winners, secured a $35.6 million
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     strategic investment
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   from the US federal government on October 6. Trilogy Metals reported just five full-time employees in its most recent filings. As we observed at the end of September:
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     why follow the Fed when you can follow the feds
                    </strong>
                   </a>
                   <strong>
                    ?
                   </strong>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="button_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad">
                 <div align="center" class="alignment">
                  <a style="color:#ffffff;text-decoration:none;" target="_blank">
                   <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"  href="https://link.sherwood.news/click/42019969.6120183/aHR0cHM6Ly9zaGVyd29vZC5uZXdzL21hcmtldHMvY3JpdGljYWwtbWV0YWxzLWlzLW5vdy13b3J0aC11c2QzLTQtYmlsbGlvbi1pdC1oYWQtb25seS1mb3VyLWZ1bGwtdGltZS8_dXRtX3NvdXJjZT1zbmFja3MmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249c25hY2tzXzIwMjUxMDE2JnV0bV9jb250ZW50PTQwMGViZDVmMjlkMzkzN2UxNTFkMWFjNGVlZGI4MjYw/65c45ba339ac936dfb3135a2H610442d2"  style="height:45px;width:133px;v-text-anchor:middle;" arcsize="9%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="0px" color="#5869ff"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:18px">
<![endif]-->
                   <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 0px solid transparent; border-left: 0px solid transparent; border-radius: 4px; border-right: 0px solid transparent; border-top: 0px solid transparent; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 18px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                    <span style="word-break: break-word; line-height: 36px;">
                     <strong>
                      Read more
                     </strong>
                    </span>
                   </span>
                   <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                  </a>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-10" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:258px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     THE BEST THING WE READ TODAY
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top: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">
                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    POET Technologies CEO on the “sweet spot” for the company in the AI boom
                   </strong>
                  </a>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   Everyone knows the big players in the AI boom, but investors have been focused on discovering smaller, emerging companies that have the potential to benefit from this rising tide as best supporting actors.
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Enter POET Technologies
                    </strong>
                   </a>
                   . Sherwood talked with its Executive Chairman and CEO Dr. Suresh Venkatesan, about why he sees its optical communications as
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     fundamental to AI’s explosive growth
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   and his laser-focus on scale.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     His plans for the future, too
                    </strong>
                   </a>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-11" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:142px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     OFF THE CHARTS
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:5px">
                 <div style="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">
                  <p style="margin:0">
                   Citizens of which countries are the
                   <strong>
                    most
                   </strong>
                   <strong>
                    excited
                   </strong>
                   about AI?
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="width:100%">
                 <div align="center" class="alignment">
                  <div style="max-width:550px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Ffss%252Ffvl7w8%252F7ecb172b-98f7-44b2-9d88-fe2757ae4362%252Fdatawrapper.dwcdn.net_PI9Xv_1_%252B%25281%2529%252B%25282%2529%252B%25281%2529.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcwOTM0fQ:1v9LV3:ZFvNT73vwuyzP4bruFD55z6DAbocMBENyQMQRTGm_2A" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px">
                 <div style="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">
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Check your answer
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-12" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="button_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:72px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
<v:stroke dashstyle="Solid" weight="2px" color="#000000"/>
<w:anchorlock/>
<v:textbox inset="0px,0px,0px,0px">
<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; mso-shading: transparent; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     MOVES
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top: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">
                  <strong>
                   Yesterday’s Big Daily Movers
                  </strong>
                 </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 style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     Hims &amp; Hers
                    </strong>
                    surged after announcing that it will now offer
                    <strong>
                     <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                      treatments for perimenopause and menopause
                     </a>
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     ASML
                    </strong>
                    rose after the Dutch semiconductor equipment maker’s
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Q3 bookings came in 10% ahead of estimates
                     </strong>
                    </a>
                    , offsetting a weak outlook in its China business
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     CoreWeave
                    </strong>
                    rose after it
                    <strong>
                     <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                      announced
                     </a>
                    </strong>
                    a partnership with Poolside to provide more than 40,000 Nvidia GPUs to bolster the development of Poolside’s AI models
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px">
                 <div style="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">
                  <p style="margin:0">
                   We’re winding down this section of Snacks after today, so if you want the biggest movers of the day right after market close,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     subscribe to The Wrap here
                    </strong>
                   </a>
                   !
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-13" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <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 aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Thursday Night Football:
                    </strong>
                    Traders on Robinhood’s* prediction markets are pricing a Pittsburgh win trading around $0.71 to win as of market close, with Cincy trading for $0.31
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The US government seized 127,271 bitcoin, worth roughly
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $15 billion
                     </strong>
                    </a>
                    , in what it calls the DOJ’s “largest ever forfeiture action”
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      That’s a lotta dough to spend on pizza
                     </strong>
                    </a>
                    <strong>
                     : Apollo Global Management
                    </strong>
                    makes a bid to take
                    <strong>
                     Papa John’s
                    </strong>
                    private
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Apple TV
                    </strong>
                    is now
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      minus the plus
                     </strong>
                    </a>
                    as streamers keep pulling back on originals
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    A Reddit user looked up
                    <strong>
                     Rigetti Computing’s
                    </strong>
                    HQ on Google Maps and the internet
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      did not like what it found
                     </strong>
                    </a>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-14" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-15" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-size:auto" width="100%">
       <tbody>
        <tr>
         <td>
          <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-size:auto;background-color:#5869ff;border-bottom:30px solid #fff;border-left:30px solid #fff;border-radius:10px;border-right:30px solid #fff;border-top:30px solid #fff;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;border-bottom:4px solid #5869ff;border-left:4px solid #5869ff;border-right:4px solid #5869ff;border-top:4px solid #5869ff;padding-bottom:15px;padding-left:25px;padding-right:25px;padding-top:15px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:center;width:100%">
                 <h1 style="margin:0;color:#fff;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:center;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Snack Fact of the Day
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-left:40px;padding-right:40px;padding-top:10px">
                 <div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:22px">
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #ffffff;">
                    <strong>
                     Artificial intelligence is now behind more online articles than humans.
                    </strong>
                   </a>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-16" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="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;">
                   Thursday
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-17" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-1" 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;padding-top:5px">
                 <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">
                    September PPI
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    September retail sales
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Earnings expected from
                    <strong>
                     Taiwan Semiconductor
                    </strong>
                    ,
                    <strong>
                     Charles Schwab
                    </strong>
                    ,
                    <strong>
                     Interactive Brokers
                    </strong>
                    ,
                    <strong>
                     Marsh &amp; McLennan
                    </strong>
                    ,
                    <strong>
                     U.S. Bancorp
                    </strong>
                    ,
                    <strong>
                     Infosys
                    </strong>
                    ,
                    <strong>
                     Travelers
                    </strong>
                    , and
                    <strong>
                     CSX
                    </strong>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-18" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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-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%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px">
                 <div style="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">
                  <p style="margin:0">
                   <br/>
                   *Robinhood Markets Inc. is the parent company of Sherwood Media, an independently operated media company subject to certain legal and regulatory restrictions.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:11px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:13px">
                  <p style="margin:0;margin-bottom:16px">
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    State Street Investment Management Disclosure
                   </strong>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    Before investing, consider the funds’ investment objectives, risks, charges, and expenses. To obtain a prospectus or summary prospectus, which contains this and other information, call 1-866-787-2257 or visit
                   </strong>
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    www.statestreet.com/im
                    <strong>
                     .
                    </strong>
                   </a>
                   <strong>
                    Read it carefully.
                   </strong>
                   Investing involves risk. ALPS Distributors, Inc. (fund distributor); State Street Global Advisors Funds Distributors, LLC (marketing agent)
                  </p>
                  <p style="margin:0">
                   <strong>
                    <a style="text-decoration: underline; color: #1d1d1d;">
                     State Street Global Advisors (SSGA) is now State Street Investment Management. Please click here for more information
                    </a>
                    .
                   </strong>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-19" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad">
                 <div style="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">
                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    Was this email forwarded to you?
                   </strong>
                   Don’t miss out on future stories —
                   <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                    <strong>
                     subscribe to
                     <em>
                      Snacks
                     </em>
                    </strong>
                   </a>
                   and get your daily dose of financial news straight to your inbox.
                  </p>
                  <p style="margin:0">
                   <strong style="background-color:transparent">
                    <strong>
                     Craving more insights in your inbox
                    </strong>
                    ?
                   </strong>
                   <strong>
                    Subscribe to
                    <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                     <em>
                      Chartr
                     </em>
                    </a>
                    and
                    <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                     <em>
                      The Wrap
                     </em>
                    </a>
                   </strong>
                   for quality reads.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-20" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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;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-left:25px;padding-right:25px;padding-top:5px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="social_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-left:10px;padding-right:10px;text-align:center">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" class="social-table" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;display:inline-block" width="92px">
                   <tr>
                    <td style="padding:0 7px 0 7px">
                     <a target="_blank">
                      <img alt="Instagram" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-7ow%252Finstagram_snacks.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcxMDc4M30:1v9LV3:gezPP64TZ8-iAHTnOw-qKxHBiyM4gVkbPLYDv9r-oe8" style="display:block;height:auto;border:0" title="Instagram" width="32"/>
                     </a>
                    </td>
                    <td style="padding:0 7px 0 7px">
                     <a target="_blank">
                      <img alt="Twitter" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-7ow%252Fx_snacks.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcxMjAwOH0:1v9LV3:My20ffG1Mc2IoefR0v9QF33LpXkB2_VOn0EK3d0Z_Sg" style="display:block;height:auto;border:0" title="Twitter" width="32"/>
                     </a>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-top:35px;width:100%;padding-right:0;padding-left:0">
                 <div align="center" class="alignment">
                  <div style="max-width:137.5px">
                   <a target="_blank">
                    <img alt="Sherwood Logo" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-7ow%252FSherwood-K.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NjA2MTE1ODUuMzcxMzIzOH0:1v9LV3:zyPlyP9dF_DO7K3y0G0ZUyDBijSBoOp3mdkabmrACeI" style="display:block;height:auto;border:0;width:100%" title="Sherwood Logo" width="137.5"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-left:60px;padding-right:60px;padding-top:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:9px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:center;mso-line-height-alt:14px">
                  <p style="margin:0">
                   Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate...
                   <a rel="noopener" style="text-decoration: underline; color: #1d1d1d;" target="_blank">
                    See more
                   </a>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="menu_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="color:#1d1d1d;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:9px;font-weight:400;padding-left:60px;padding-right:60px;text-align:center">
                 <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td class="alignment" style="text-align:center;font-size:0">
                    <div class="menu-links">
                     <!--[if mso]><table role="presentation" border="0" cellpadding="0" cellspacing="0" align="center" style=""><tr style="text-align:center;"><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="Sherwood Terms and Conditions">
                      Sherwood Terms and Conditions
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="Our Editorial Standards">
                      Our Editorial Standards
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="hello@snacks.robinhood.com">
                      Contact Us
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]></tr></table><![endif]-->
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="menu_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="color:#1d1d1d;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:9px;font-weight:400;padding-left:60px;padding-right:60px;text-align:center">
                 <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td class="alignment" style="text-align:center;font-size:0">
                    <div class="menu-links">
                     <!--[if mso]><table role="presentation" border="0" cellpadding="0" cellspacing="0" align="center" style=""><tr style="text-align:center;"><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="Advertise With Us">
                      Advertise With Us
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="Unsubscribe">
                      Unsubscribe
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]><td style="padding-top:10px;padding-right:5px;padding-bottom:10px;padding-left:5px"><![endif]-->
                     <a style="mso-hide:false;padding-top:10px;padding-bottom:10px;padding-left:5px;padding-right:5px;display:inline-block;color:#1d1d1d;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:9px;text-decoration:none;letter-spacing:normal;" target="_blank" title="Privacy Policy">
                      Privacy Policy
                     </a>
                     <!--[if mso]></td><![endif]-->
                     <!--[if mso]></tr></table><![endif]-->
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-21" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <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-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%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-left:60px;padding-right:60px;padding-top:10px">
                 <div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:9px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:11px">
                  <p style="margin:0">
                   SHERWOOD MEDIA, LLC, 85 Willow Road, Menlo Park, CA 94025
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
     </td>
    </tr>
   </tbody>
  </table>
  <!-- End -->
 </body>
</html>