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-12 .column-1 .block-2.heading_block td.pad,.row-3 .column-1 .block-1.heading_block td.pad,.row-6 .column-1 .block-2.paragraph_block td.pad,.row-8 .column-1 .block-2.paragraph_block td.pad{padding:0 0 10px!important}.row-3 .column-1 .block-1.heading_block h1{font-size:30px!important}.row-10 .column-1 .block-4.paragraph_block td.pad>div,.row-11 .column-1 .block-3.paragraph_block td.pad>div,.row-15 .column-1 .block-2.paragraph_block td.pad>div,.row-3 .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-4.paragraph_block td.pad>div,.row-7 .column-1 .block-6.paragraph_block td.pad>div,.row-8 .column-1 .block-2.paragraph_block td.pad>div,.row-9 .column-1 .block-3.paragraph_block td.pad>div{font-size:16px!important}.row-10 .column-1 .block-5.divider_block td.pad,.row-12 .column-1 .block-1.divider_block td.pad,.row-13 .column-1 .block-1.divider_block td.pad,.row-3 .column-1 .block-3.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-4.divider_block td.pad,.row-9 .column-1 .block-4.divider_block td.pad{padding:24px 0!important}.row-10 .column-1 .block-5.divider_block .alignment table,.row-12 .column-1 .block-1.divider_block .alignment table,.row-13 .column-1 .block-1.divider_block .alignment table,.row-15 .column-1 .block-1.divider_block .alignment table,.row-15 .column-1 .block-3.divider_block .alignment table,.row-3 .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-4.divider_block .alignment table,.row-9 .column-1 .block-4.divider_block .alignment table{display:inline-table}.row-10 .column-1 .block-4.paragraph_block td.pad,.row-16 .column-1 .block-4.menu_block td.pad,.row-4 .column-1 .block-1.heading_block td.pad{padding:0!important}.row-10 .column-1 .block-2.heading_block td.pad,.row-11 .column-1 .block-1.heading_block td.pad,.row-14 .column-1 .block-2.paragraph_block td.pad,.row-16 .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-9 .column-1 .block-2.heading_block td.pad{padding:10px 0!important}.row-11 .column-1 .block-2.list_block td.pad,.row-12 .column-1 .block-3.list_block td.pad,.row-4 .column-1 .block-2.list_block td.pad{padding:0 5px!important}.row-11 .column-1 .block-2.list_block ul,.row-12 .column-1 .block-3.list_block ul,.row-4 .column-1 .block-2.list_block ul,.row-5 .column-1 .block-4.list_block ul,.row-7 .column-1 .block-5.list_block ul{font-size:16px!important;line-height:auto!important}.row-5 .column-1 .block-4.list_block td.pad,.row-7 .column-1 .block-5.list_block td.pad{padding:0 5px 5px!important}.row-6 .column-1 .block-1.heading_block td.pad,.row-8 .column-1 .block-1.heading_block td.pad{padding:25px 0 8px!important}.row-15 .column-1 .block-1.divider_block td.pad,.row-15 .column-1 .block-3.divider_block td.pad{padding:29px 0 12px!important}.row-16 .column-1 .block-4.menu_block .alignment{text-align:center!important}.row-16 .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-15 .column-1,.row-2 .column-1,.row-4 .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-3 .column-1{padding:34px 20px 0!important}.row-13 .column-1{padding:5px 20px!important}.row-14 .column-1{padding:15px 20px!important}.row-16 .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;">
   The S&amp;P 500 has never been down this much when earnings estimates have risen by this much
  </div>
  <div style="display:none">
   <a>
    <img alt="" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Flink.sherwood.news%252Fimg%252F65c45ba339ac936dfb3135a2qrvgm.t4x0%252Fcb32b6e4.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaW5rLnNoZXJ3byIsInRpbWUiOjE3NzQ5NTMyMjMuNDA5MjE5NX0:1w7WPn:N41n-wyAZA7yLLEJEj0AD6RnIgwzD2uKcCYr4vJ5CQY"/>
   </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDEwNzEzN30:1w7WPn:Hn2DODYi0LPpKXZ-NDRB33W-BuQzuYVB2SRkr3uMSbk" 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:550px">
                   <a target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Ffss%252Ffvl7w8%252F7e528a22-dfcd-4007-8dca-ce155572d2da%252Fspx-divergence-3.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDEwODM3fQ:1w7WPn:0lyx4yMMxcNxjWOZtB7hN_boocYirNf5jJGZ1nAE5u8" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
                   </a>
                  </div>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="divider_block block-2" 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;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">
                   Americans won’t tolerate bland food anymore, and
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     McCormick
                    </strong>
                   </a>
                   is reaping the benefits of our collective love for mouth-tingling condiments. Founded in 1889 as a spice-selling business based out of a cellar, the company was recently recognized by Euromonitor as both the
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     world’s top hot sauce company
                    </strong>
                   </a>
                   and the leading name in herbs and spices. See a breakdown of its
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     $7 billion-a-year business
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   The S&amp;P 500, Nasdaq 100, and Russell 2000 fell on Monday as US oil prices rose,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     settling above $100
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   per barrel for the
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     first time since 2022
                    </strong>
                   </a>
                   . Comments from Fed Chair Jerome Powell that inflation expectations seem to be well anchored drove Treasury yields lower as traders’ fear of a rate hike this year eased.
                  </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-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;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="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:#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>
                   What’s happening today:
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-2" 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">
                    Earnings expected from
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Nike
                     </strong>
                    </a>
                    ,
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      McCormick
                     </strong>
                    </a>
                    ,
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Beyond Meat
                     </strong>
                    </a>
                    , and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      FactSet
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    February Job Openings and Labor Turnover Survey (JOLTS)
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    March consumer confidence
                   </li>
                  </ul>
                 </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:156px;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>
                     FORK IN THE ROAD
                    </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>
                    War and AI doubts have fueled an unprecedented divergence between stock prices and earnings estimates
                   </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">
                   We’re experiencing
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     an unprecedented divergence
                    </strong>
                   </a>
                   between the S&amp;P 500’s earnings estimates and the performance of the benchmark US stock index, driven by skittishness about the return of oil shipments through the Strait of Hormuz and the long-term ROI for the hundreds of billions in AI capex.
                  </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">
                    Over the three months ended March 27, analysts have ratcheted up their projected bottom-line results for the largest US publicly traded companies by 8%. Over the same time,
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      those stocks are down 8%
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Stocks have never been down this much when earnings estimates have risen by this much, based on data going back to Q2 1990.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The closest such episodes to the present environment were in mid-2010 amid fears of a double-dip recession following the financial crisis, and in 2018 following a
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      short-lived blowup in volatility markets
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    In some respects, the current market situation is similar to 2025. The Q1 peak in stocks came when
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Walmart
                     </strong>
                    </a>
                    , a major component in momentum indexes, issued a poor full-year outlook and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      once high-flying stocks got clobbered
                     </strong>
                    </a>
                    . It started as a momentum-centric rather than tariff-centric sell-off.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    This time around, the difference is that many parts of the AI trade (especially the megacaps) didn’t have any momentum coming into this. A theme that investors had already been souring on
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      is continuing to unwind
                     </strong>
                    </a>
                    .
                   </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">
                   The world in which these earnings estimates are realized is incompatible with a long-lived oil disruption that sparks a US economic downturn. Oil price spikes are infamously a drag on other parts of consumers’ spending; accordingly, durables and household personal products are the worst two industry groups in the S&amp;P 500 since the end of February.
                  </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">
                   For some time now, investors have been of the view that
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     2026 earnings don’t really matter for the hyperscalers
                    </strong>
                   </a>
                   , and they have more creeping doubts on whether this capex binge will prove worth it in the long run — or whether the most meaningful impact on these companies will be the destruction of their free cash flow generation amid these aggressive build-outs. And
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Nvidia
                    </strong>
                   </a>
                   ’s fate has been
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     tied to the perception of its biggest customers
                    </strong>
                   </a>
                   lately.
                  </p>
                  <p style="margin:0">
                   The war started off as a major rotation trade. Three major trades that had been tumbling — software vs. semiconductors, US stocks vs. the rest of world, and the Magnificent 7 vs.
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     S&amp;P 500 equal weight
                    </strong>
                   </a>
                   — all enjoyed some
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     nascent reversals in the early days of the war
                    </strong>
                   </a>
                   . Of those three, Mag 7 versus equal weight is the only one that’s given up all of that rebound and then some.
                  </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/44970502.1359396/aHR0cHM6Ly9zaGVyd29vZC5uZXdzL21hcmtldHMvdXMtc3RvY2tzLWVhcm5pbmdzLXJlY29yZC1kaXZlcmdlbmNlLWFpLWZlYXJzLWlyYW4td2FyLW9pbC1wcmljZS1zcGlrZS1yZWNlc3Npb24vP3V0bV9zb3VyY2U9c25hY2tzJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXNuYWNrc18yMDI2MDMzMSZ1dG1fY29udGVudD1mYTJiZjllZDVjNmEwMTI3MDQxOGFkN2QxMGZiNGUwYg/65c45ba339ac936dfb3135a2Ia228b417"  style="height:47px;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;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:121px;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>
                     META VERSED
                    </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>
                    Meta rallies after being named a “top pick” by Morgan Stanley
                   </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">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Meta
                    </strong>
                   </a>
                   is off to a strong start to the week after being named
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a new “top pick”
                    </strong>
                   </a>
                   of Morgan Stanley’s internet analysts.
                  </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">
                    Their case: the social media giant is cheap and commands an ever-increasing amount of eyeballs, which it’ll leverage to make money from its
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      massive AI capex
                     </strong>
                    </a>
                    through nascent opportunities like agentic shopping and assistants.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    “META sentiment has troughed due to GenAI ROIC and long-term positioning fears, and more recently macro ad market and regulatory question marks,” wrote analyst Brian Nowak. “In all, META now trades at ~15X our ’27 $36 EPS, 1 standard deviation below the long-term average, which creates a strong buying opportunity, in our view.”
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Reported
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      job cuts
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    would also be “a bullish development” that boosts earnings, he added.
                   </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">
                   Even so, Nowak trimmed his price target on the stock to $775 from $825, which still
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     represents upside of about 50%
                    </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="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">
                   The hyperscalers have come under persistent pressure as investors remain reticent to bet that this capex binge will have a happy ending. Per The New York Times, Meta recently
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     delayed the launch of its new model
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   because of performance issues. (That being said, the company’s latest earnings report did show that its ability to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     use AI tools to grow its top line remains impressive
                    </strong>
                   </a>
                   , even if its models aren’t best in class.)
                  </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/44970502.1359396/aHR0cHM6Ly9zaGVyd29vZC5uZXdzL21hcmtldHMvbWV0YS1yYWxsaWVzLWFmdGVyLWJlaW5nLW5hbWVkLWEtdG9wLXBpY2stYnktbW9yZ2FuLXN0YW5sZXkvP3V0bV9zb3VyY2U9c25hY2tzJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXNuYWNrc18yMDI2MDMzMSZ1dG1fY29udGVudD1mYTJiZjllZDVjNmEwMTI3MDQxOGFkN2QxMGZiNGUwYg/65c45ba339ac936dfb3135a2F8d07103e"  style="height:47px;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-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="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:259px;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>
                    Waymo’s now serving more than 500,000 paid robotaxi rides every week
                   </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">
                   The scale and speed of
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Alphabet
                    </strong>
                   </a>
                   subsidiary Waymo’s rise is impressive: back in May 2024, Waymo ferried just 50,000 paid passengers, but thanks to a rapid expansion to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a total of 10 cities
                    </strong>
                   </a>
                   , the company is now doing half a million rides a week. That’s about 50 rides per minute.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Waymo’s whizbang rise, charted
                    </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-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;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="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:26px;width:168px;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 Nasdaq
                    </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>
                   Be Ready For The Swing
                  </strong>
                 </h1>
                </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="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%252Fc0be89a6-9031-42c5-acca-182c4d4dfad1%252Fnasdaq-march-custom-index-options-rd-2-min.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDEwOTQ4M30:1w7WPn:qPYIevKDdYzdCYss5m9g2NMuKLyJdHxzSLPvowvito8" 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">
                 <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">
                   Tactical traders need flexible tools. Many are utilizing Nasdaq-100 Index
                   <sup>
                    ®
                   </sup>
                   Options to manage aggregate exposure, with average daily volume up 345% since the end of 2022.
                  </p>
                  <p style="margin:0">
                   <strong>
                    <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                     See why Nasdaq-100 Index
                     <sup>
                      ®
                     </sup>
                     Options are on the rise →
                    </a>
                   </strong>
                  </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-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="heading_block block-1" 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>
                   Snacks Shots
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     🏒 Hockey:
                    </strong>
                    Just a few weeks to go of regular-season hockey, and bubble teams have just a handful of games left to get the points needed to make the postseason. Some teams on the precipice are in pretty good shape — the Bruins have
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      an 82% chance* of making the playoffs
                     </strong>
                    </a>
                    , the Islanders 71%, and Pittsburgh 67% — but it’s far from a sure thing for plenty of other teams. The Ottawa Senators have just a 52% chance of making the playoffs, the Blue Jackets 49%, the Kings 39%, and the Red Wings 38%.
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     ⛳ The Masters:
                    </strong>
                    The Masters kicks off April 9, and with just a week to go, the market’s been tightening up over who’s going home with that green jacket. Scottie Scheffler currently leads with a market-implied
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      16% chance of winning
                     </strong>
                    </a>
                    , but that’s down from as high as 27% back in February. It’s also only narrowly ahead of his closest competition, including Bryson DeChambeau (8%), Jon Rahm (8%), and Rory McIlroy (7%).
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" 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">
                 <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 aria-setsize="-1" id="message-list_1761932419.092419" role="listitem" style="margin:0;margin-bottom:16px" tabindex="0">
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   *Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.
                  </p>
                  <p aria-label="Start of unread messages." aria-roledescription="separator" aria-setsize="-1" id="message-list_unreadDivider" role="listitem" style="margin:0" tabindex="-1">
                  </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-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="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 style="Margin:0 0 8px 0">
                    The British government is weighing removing
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Palantir
                     </strong>
                    </a>
                    from
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      NHS data systems
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Bitcoin
                     </strong>
                    </a>
                    and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      ethereum
                     </strong>
                    </a>
                    are both
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      doing their darndest
                     </strong>
                    </a>
                    to break their
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      monthslong losing streak
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      JetBlue
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    is raising its bag fees to offset
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      soaring fuel costs
                     </strong>
                    </a>
                    ,
                    <strong>
                    </strong>
                    which is also hitting
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Alaska Airlines
                     </strong>
                    </a>
                    <strong>
                     ’
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      forecast
                     </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-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;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-14" 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>
                     A man used AI to call 3,000 pubs in Ireland to track the price of a pint of Guinness.
                    </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-15" 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-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;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="79px">
                   <tr>
                    <td style="padding:0">
                     <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDExMDQ5OH0:1w7WPn:MQVZxVBq94U6Jh0xiIIksAyLUGN5-PpFK2LrBrtPq7o" style="display:block;height:auto;border:0" title="Instagram" width="32"/>
                     </a>
                    </td>
                    <td style="padding:0 0 0 15px">
                     <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDExMTQ4M30:1w7WPn:TM40Xrqoo1ZoVEFrrr_wxT0IyNxkgB1uw4P2Gf0k-wk" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NzQ5NTMyMjMuNDExMjQ3N30:1w7WPn:r7BRu1iFRfQ7XMntvWR70DHJOOVhK9-KMwj0fX8VBXU" 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;font-weight:400;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;font-weight:400;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;font-weight:400;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;font-weight:400;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;font-weight:400;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;font-weight:400;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-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;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>