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   Nvidia had a smashing quarter, but those data center sales numbers are mighty concerning...
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                   Presented by
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                   Hey Snackers,
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                  <p style="margin:0;margin-bottom:16px">
                   Taylor Swift and Travis Kelce continue to move the stock market. Not only did
                   <strong>
                    Signet Jewelers
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     continue to rise
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   in the afterglow of their engagement announcement, but
                   <strong>
                    American Eagle
                   </strong>
                   popped after revealing a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     collaboration with the Chiefs tight end’s Tru Kolors brand
                    </strong>
                   </a>
                   , which will include vintage-inspired tees
                   <strong>
                   </strong>
                   and other streetwear
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     for a limited time
                    </strong>
                   </a>
                   .
                  </p>
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                   The S&amp;P 500 finished with
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a record close
                    </strong>
                   </a>
                   on Wednesday, up 0.2%. The Nasdaq 100 rose 0.2% and the Russell 2000 outperformed with a 0.6% advance. Energy was the best-performing S&amp;P 500 sector ETF, up more than 1%, while healthcare and industrials were the only (very modest) groups to finish in the red.
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                     CAN THE CENTERS HOLD?
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                    <span class="mce-content-body mce-edit-focus" data-position="60-0-1" data-qa="tinyeditor-root-element" id="26a5b8da-3c81-41f7-bc06-3fb0dedff7e9" style="word-break: break-word; position: relative;">
                     <strong>
                      Nvidia had a smashing quarter, but those data center sales numbers are mighty concerning
                     </strong>
                    </span>
                   </a>
                  </strong>
                 </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">
                   Nvidia’s second-quarter results are out, and it was a top- and bottom-line beat, with
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     revenue of $46.74 billion
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   surpassing expectations of $46.23 billion.
                  </p>
                  <p style="margin:0">
                   However, the sales beat is not due to any positive surprise in its
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     all-important data center business
                    </strong>
                   </a>
                   , the one responsible for the overwhelming majority of that revenue and which modestly missed expectations. The knee-jerk reaction: the stock is sliding, down 4% immediately afterward.
                  </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">
                    So, if not data centers, where’s the sales growth?
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Video games, of course!
                     </strong>
                    </a>
                    Nvidia’s gaming division, its
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      golden goose
                     </strong>
                    </a>
                    long before generating images of celebrities eating spaghetti was even a thought, scored $4.29 billion in revenue in the second quarter, up
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      49% year over year
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    — a record.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Nvidia made over $26 billion in net income in its second quarter, putting it third among S&amp;P 500 companies. Heck, if you zeroed in on just its de facto “asset management” arm — which is included under “net other income” — that division would be one of the
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      50 most profitable companies in the S&amp;P 500
                     </strong>
                    </a>
                    .
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Nvidia, the asset manager, had a massive Q2
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      thanks to CoreWeave’s rally
                     </strong>
                    </a>
                    . According to CFO commentary, “Net other income for the second quarter was $2.2 billion, primarily driven by gains in a publicly-held equity security,” which certainly refers to CoreWeave, the AI darling that
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      offers access to Nvidia’s GPUs
                     </strong>
                    </a>
                    , rose 175% during Nvidia’s fiscal Q2, and which Nvidia owns a stake in.
                   </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 chip designer’s fiscal second quarter was a tumultuous and momentous period. Export curbs introduced in mid-April effectively
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     locked the company out of China’s AI market
                    </strong>
                   </a>
                   . Nvidia’s
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     public and private pressure campaign
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   to regain access to this market
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     ultimately bore fruit
                    </strong>
                   </a>
                   , but the company did not receive any
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     export licenses for the H20s
                    </strong>
                   </a>
                   until the quarter was over.
                  </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-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="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">
                   Despite this, Nvidia managed to become the
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     first $4 trillion company by market cap
                    </strong>
                   </a>
                   during its fiscal Q2, as receding recession fears and
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     hyperscalers’ renewed commitment to their AI capex binges
                    </strong>
                   </a>
                   buoyed the chip designer to never-before-seen heights. Guidance for the current quarter is a little ahead of estimates.
                  </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%">
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                     <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-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;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%">
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                 <div align="left" class="alignment">
                  <!--[if mso]>
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                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     Presented by Pacaso
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
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              <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%">
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                 <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>
                   It May Not Be Trading on the Nasdaq, But You Can Still Buy This Unlisted Stock
                  </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%">
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                <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%252Fcomposer%252Fimages%252Fbazh%252F6su869qw%252Fkmq%252Fj8a%252Fvc8%252F7b_Pacaso_Partnerships_111224_008%2520%25283%2529.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NTYzNzgyNTAuMjUwOTQzN30:1uraDS:KJGKvBfADa-D37mdWwX092J1GIPritJkEUoOV0ktOvc" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
                   </a>
                  </div>
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                 <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">
                   Over 10,000 people have already invested in
                   <a style="text-decoration: underline; color: #5869ff;">
                   </a>
                   <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                   </a>
                   <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                    <strong>
                     Pacaso
                    </strong>
                   </a>
                   . The same firm that has backed large-cap S&amp;P 500 companies has invested too. And now everyday investors like you have the chance to invest before the opportunity ends on Sept. 18.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Created by a former Zillow exec who sold his first venture for $120M,
                   <a style="text-decoration: underline; color: #5869ff;" target="_self">
                    <strong>
                     Pacaso brings co-ownership to the $1.3T vacation home industry
                    </strong>
                   </a>
                   .
                   <sup>
                    1
                   </sup>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   They’ve generated $1B+ worth of gross real estate transactions and service fees since inception across 2,000+ owners. That’s good for more than $100M in gross profit since 2021, including 41% YoY growth last year alone.
                   <sup>
                    2
                   </sup>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   They’ve even reserved their Nasdaq ticker.
                   <sup>
                    3
                   </sup>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   But time’s running out and the investment opportunity closes on 9/18.
                   <sup>
                    4
                   </sup>
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;" target="_self">
                    <strong>
                     Become a Pacaso shareholder before this offering ends
                    </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-9" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
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             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                     <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>
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                 <div align="left" class="alignment">
                  <!--[if mso]>
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                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     UNBOXING
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
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                 <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>
                    US box factories are folding fast
                   </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%">
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                <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">
                   Because of the cardboard box’s ubiquity in shipping, the humble brown box often serves as something of a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     bellwether for large swaths of the US economy
                    </strong>
                   </a>
                   . And the writing on the tape ain’t great: cardboard box makers in the US have announced plans to shutter, in aggregate, about 9% of their production capacity this year.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   “The industry has not made such dramatic capacity moves since the GFC,” wrote analysts at Citi, using the shorthand for the global financial crisis of 2008 that set off a sharp recession. “We count seven mill closure announcements in total this year.”
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Here’s a timeline of those closures.
                    </strong>
                   </a>
                  </p>
                  <p style="margin:0">
                   The capacity reductions offer a glimpse how tariffs continue to ripple through the US economy, even in industries — such as corrugated containers — that face little foreign competition. While you might think that’s because of
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a slowdown in consumer spending
                    </strong>
                   </a>
                   and therefore fewer of those Amazon Prime boxes being delivered to doors, that’s not the whole story. The bigger issue is that
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     a whole lot more boxes than you might expect
                    </strong>
                   </a>
                   are used to send US exports abroad. That’s the “biggest risk” for the industry, per Barclays analysts.
                  </p>
                 </div>
                </td>
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             </td>
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         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-10" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="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>
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                  <p style="margin:0">
                   Even though the cardboard industry is hurting, there’s a potentially interesting opportunity for investors within the broken-down pile of paper: Wall Street analysts following box makers suggest that the sharp cuts to the industry’s US capacity could push the utilization rate, which measures how much a factory produces compared to its max potential output, back to the low 90% area from the 87.5% it’s at now. Higher utilization can produce bigger profits, which could be a good thing for
                   <strong>
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                     certain company’s stocks
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                   .
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                      Read more
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                   <span style="word-break: break-word; line-height: 16.8px;">
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                     THE BEST THING WE READ TODAY
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                    From gold to digital gold to AI
                   </strong>
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              <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%">
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                 <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">
                   Sherwood News sat down for an in-depth talk with Frank Holmes, who started his career in gold before launching crypto mining firm HIVE Digital Technologies, which now has a not-too-shabby $627 million market cap. He shared how the experience of his first
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     bitcoin halving
                    </strong>
                   </a>
                   set the foundation for the firm to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     jump into the AI space
                    </strong>
                   </a>
                   …
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     …and how bitcoin mining was essential to the AI boom of today
                    </strong>
                   </a>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     .
                    </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%">
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               </tr>
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            </tr>
           </tbody>
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       </tbody>
      </table>
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             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:142px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
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                     OFF THE CHARTS
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                  <p style="margin:0">
                   What is Americans’ most disliked food?
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                   Treating hair loss doesn’t have to be complicated.
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<center dir="false" style="color:#ffffff;font-family:Arial, sans-serif;font-size:14px">
<![endif]-->
                  <span class="button" style="background-color: #5869ff; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     MOVES
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <strong>
                   Yesterday’s Big Daily Movers
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li style="Margin:0 0 8px 0">
                    Database software company
                    <strong>
                     MongoDB
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      skyrocketed
                     </strong>
                    </a>
                    after posting much better-than-expected Q2 numbers
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Kohl’s
                    </strong>
                    soared after posting
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      blowout second-quarter earnings
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Krispy Kreme
                    </strong>
                    fell after JPMorgan
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      downgraded
                     </strong>
                    </a>
                    its rating on the stock to “underweight” (sell) from “neutral”
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     Canada Goose
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      flew higher
                     </strong>
                    </a>
                    following reports that controlling shareholder Bain Capital is exploring a sale of the luxury parka maker
                   </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-15" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
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         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   What else we're Snackin'
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    China is
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      driving renewable energy growth globally
                     </strong>
                    </a>
                    — it’s also the
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      world’s biggest coal producer
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Morgan Stanley
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      counted Amazon’s data center square footage
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    to analyze its cloud business
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Well that was quick:
                    <strong>
                     Cracker Barrel
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      switched its logo back
                     </strong>
                    </a>
                    , and investors praised the news along with the
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      president
                     </strong>
                    </a>
                    <strong>
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    As
                    <strong>
                     Tesla
                    </strong>
                    and
                    <strong>
                     Google
                    </strong>
                    ’s Waymo move forward with autonomous driving,
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Americans want guardrails
                     </strong>
                    </a>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Three recent Meta Superintelligence Labs hires have
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      already reportedly left
                     </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-16" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-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-17" 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>
                     Existing homes in America are now more expensive than new ones.
                    </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-18" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Thursday
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-19" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:5px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Q2 GDP (second estimate)
                   </li>
                   <li style="Margin:0 0 8px 0">
                    Earnings expected from
                    <strong>
                     Dell, Marvell Technology, Dollar General, Best Buy, Dick’s Sporting Goods, Burlington, Affirm, Ulta Beauty, Gap,
                    </strong>
                    <strong>
                     Petco,
                    </strong>
                    and
                    <strong>
                     Autodesk
                    </strong>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:11px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:13px">
                  <p style="margin:0;margin-bottom:16px">
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    Advertiser's disclosures:
                    <br/>
                   </strong>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    1
                   </sup>
                   Pacaso estimates the U.S. market at $1.3 trillion and the European market as $500 billion. See
                   <a style="text-decoration: underline; color: #1d1d1d;" target="_self">
                    website
                   </a>
                   for further details.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    2
                   </sup>
                   The $100M gross profit is calculated from 2021-2024. For more details on the gross profit for 2021- 2023, please see
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    management discussion of the financial condition section
                   </a>
                   of the offering circular. For more details on the 2024 gross profit, please see the
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    1-K Financial Statements section
                   </a>
                   . Past performance is not indicative of future results.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    3
                   </sup>
                   Pacaso recently received their ticker reservation with Nasdaq ($PCSO). Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    4
                   </sup>
                   The minimum investment is $1,035.52 when including the 3.5% investor fee. This is a paid advertisement for Pacaso’s Regulation A offering. Please read the
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    offering circular
                   </a>
                   and
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    related risks
                   </a>
                   at
                   <a style="text-decoration: underline; color: #1d1d1d;" target="_self">
                    invest.pacaso.com
                   </a>
                   .
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    5
                   </sup>
                   Based on separate individual studies of oral minoxidil and oral finasteride.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <sup>
                    6
                   </sup>
                   Hair Hybrids are compounded products and have not been approved by the FDA. The FDA does not verify the safety or effectiveness of compounded drugs.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Restrictions apply, see website for full details.
                  </p>
                  <p style="margin:0">
                   Prescription products require an online consultation with a healthcare provider who will determine if a prescription is appropriate. Restrictions apply. See website for full details and important safety information.
                  </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-20" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;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%">
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