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   Plus, a seriously impressive IPO |
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                               <a class="text-blackLight no-underline font-extrabold" style="font-weight: 800; color: #3C4857; color: rgba(60, 72, 87, 1); text-decoration: none;">
                                TOGETHER WITH
                               </a>
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                   Hi Sarah, here's what you need to know for
                   <strong>
                    October 15th
                   </strong>
                   in
                   <strong>
                    3:13 minutes
                   </strong>
                   .
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                    <span class="font-normal" style="font-weight: 400;">
                     The biggest US banks set the bar high this earnings season, with better-than-expected results all round
                    </span>
                   </li>
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                     These ten stocks are set to soar in the $7 trillion data center build-out –
                     <a class="text-primary underline font-medium" style="font-weight: 500; color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline;">
                      Read Now
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                     Investors gave LG India a warm welcome to the public market, sending its brand-new stock up over 50%
                    </span>
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                     📈 BlackRock's sat on more
                     <a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
                      assets
                     </a>
                     than ever: a record-breaking $13 trillion. If you want to hear about the winning strategy, join us for our
                     <a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
                      Modern Investor Summit
                     </a>
                     to hear from Wei Li, BlackRock's global chief investment strategist.
                     <a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
                      Grab your free ticket
                     </a>
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              <span class="text-heading1 text-black font-black" style="font-weight: 900; font-size: 24px; color: #283444; color: rgba(40, 52, 68, 1);">
               Opening Statement
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              </h4>
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               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="2kmt2" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                JPMorgan
               </b>
               ,
               <b>
                Goldman Sachs
               </b>
               ,
               <b>
                Wells Fargo
               </b>
               , and
               <b>
                Citigroup
               </b>
               opened earnings season with confident tones, reporting better-than-expected results on Tuesday.
              </p>
              <p data-block-key="66ops" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="an3db" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ JPMorgan made 12% more profit last quarter than the same time last year. The bank’s trading business led the way, boasting revenue growth of 25%. Its investment banking division also delivered, bolstered by more deals and higher fees. All in all, the numbers were strong enough for JPMorgan to up its profit forecast for the year.
              </p>
              <p data-block-key="22t3v" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ Goldman Sachs posted a profit uptick of 37%, thanks to increased dealmaking and a good run from its asset and wealth management desks.
              </p>
              <p data-block-key="bber" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ Wells Fargo grew its profit by 9%. And, importantly, after the Federal Reserve removed a seven-year cap on its assets, the bank raised its “return on equity target” – a key profitability measure – by two percentage points.
              </p>
              <p data-block-key="cdgh3" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ Citigroup pulled in 23% more profit and rounded off the day with better-than-expected yearly revenue forecasts for all five of its divisions.
              </p>
              <p data-block-key="424il" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="cf078" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                The bigger, the better.
               </i>
              </p>
              <p data-block-key="1ggod" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Investors have sent the
               <b>
                KBW Bank Index
               </b>
               – which tracks America’s biggest banks – up 15% this year. Makes sense: looser regulation, rampant trading, and more public listings all work in banks’ favor. But investors haven’t been nearly as into the little guys, pushing the
               <b>
                KBW Regional Banking Index
               </b>
               down 1% this year. See, small fries like that generally have thinner profit margins – plus, they notice higher funding costs more than their chunky competitors.
              </p>
              <p data-block-key="4ebmj" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                Talk about a final boss.
               </i>
              </p>
              <p data-block-key="8b9hb" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               While that sounds very positive for big banks, it’s not all sunshine and rainbows. JPMorgan’s head honcho also warned that a slowing job market, stubborn inflation, and stretched stock prices could be problematic for everyday Americans. That explains why the bank also set aside $3.4 billion in loan loss provisions – cover in case borrowers fail to pay up.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
              </p>
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               <b>
                You might also like:
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               <a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
                The hows and whys of investing in financial services stocks
               </a>
               .
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                  <strong>
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                         <span style="font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-weight: bold; color: #E6F14A; display: inline-block;">
                          FROM OUR RESEARCH DESK
                         </span>
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                         <h2 style="font-weight: 700; line-height: 1.25; margin-bottom: 16px; font-size: 24px; color: #FFFFFF; margin: 0 0 4px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
                          Ten Stocks Poised To Win Big In The $7 Trillion Data Center Boom
                         </h2>
                         <p style="line-height: 1.5; margin-top: 0; margin-bottom: 16px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; color: #FFFFFF; margin: 0;">
                          Theodora Lee Joseph, CFA
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                      <img alt="Ten Stocks Poised To Win Big In The $7 Trillion Data Center Boom" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FRDrop-Cover-Landscape-DataBoom.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D57f9303ba911c283bf25c596a7ba9855/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjA1MTU1NjcuNjgyNzcwNX0:1v8wWN:9Q7PHv_giA6JFyiUbIeStYJ0DfoXktBN7Ujx6RGjA_o" style="max-width: 300px; border-radius: 4px;" width="300"/>
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                     <p data-block-key="xjbe2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
                      When folks talk about investing in the
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       data-center boom
                      </a>
                      , almost everyone focuses on the “compute” side of things – the chipmakers and hyperscalers that supply the brains of AI.
                     </p>
                     <p data-block-key="ck343" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
                      But that trade’s been running for a while already. Nvidia and its peers have rocketed, their valuations have stretched, and their risk-reward at this point looks
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       downright fragile
                      </a>
                      .
                     </p>
                     <p data-block-key="1rj0" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
                      The
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       next AI investing opportunity
                      </a>
                      lies elsewhere.
                     </p>
                     <p data-block-key="4k7kl" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
                      Beyond the generative models and GPUs, an enormous physical build-out
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       is underway
                      </a>
                      – one that could reshape global infrastructure spending for the next decade.
                     </p>
                     <p data-block-key="91tt9" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
                      That’s today’s Research:
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       ten stocks that are set to soar in the $7 trillion data center build-out
                      </a>
                      .
                     </p>
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                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       <b>
                        Read or listen to the Research here
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                    <b>
                     Take control of your financial future
                    </b>
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                    Freetrade is a commission-free investing platform designed to help you do just that.
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                    You can invest in over
                    <a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
                     6,000 UK and US stocks, ETFs, and more
                    </a>
                    , all through its stocks and shares ISA. And thanks to tax advantages and no hidden fees, more of your money stays where it belongs: invested.
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                    What’s more, you can invest however suits your personal goals and strategy – whether you’re building habits, managing risk, or reacting to fast-moving markets.
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                    That’s because you’ll have access to all the regular investment tools, as well as advanced order types like stop and limit orders, plus
                    <a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
                     pre-market trading
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                    .
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                    <a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
                     Check out Freetrade’s ISA today to discover flexible, commission-free investing.
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              <span class="text-heading1 text-black font-black" style="font-weight: 900; font-size: 24px; color: #283444; color: rgba(40, 52, 68, 1);">
               Homeslice
              </span>
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                  <img alt="Homeslice" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-141025-LG-v2.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D75989f1c82e1a6c3c9837fadf0c4ee44/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjA1MTU1NjcuNjgzMDI3fQ:1v8wWN:RWzJJUNyC2hyLAmlk241yOlwtcEV3ixG6d1AXY8u3VM" style="border:0;border-radius:4px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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              </h4>
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               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="coudb" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Investors bet the house – or at least, their home appliances – on
               <b>
                LG Electronics India
               </b>
               , sending the stock up 50% after its Indian stock market debut on Tuesday.
              </p>
              <p data-block-key="acp8t" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="bh2e" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               LG India makes all the basics – you know: fridges, AC units, TVs, and the like – but its public listing was anything but. Institutional investors wanted
               <i>
                166 times
               </i>
               the number of shares available to them, and retail investors sought triple as much stock as expected. Together, they handed LG India a $13 billion valuation – overtaking its parent company, LG Korea.
              </p>
              <p data-block-key="dh788" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="b5qv2" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                Home sweet home.
               </i>
              </p>
              <p data-block-key="k7pc" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               LG India dominates the country’s premium appliance market, and it’s on track to make 46% more profit this year than last. Eager to maintain its lead, the firm is working on smart home devices and connected appliances. That’s why some investors see LG India as a way to bet on homeware’s future.
              </p>
              <p data-block-key="62lkn" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ So LG India has something in common with tech companies: being valued on its far-out potential. And that’s a risky club to join. Tech upgrades can be delayed by anything from regulatory pushback to manufacturing hiccups – and investors may get bored of waiting.
              </p>
              <p data-block-key="84iap" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 The bigger picture:
                </i>
               </b>
               <i>
                Sales don’t last forever.
               </i>
              </p>
              <p data-block-key="3p99l" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               LG India’s successful debut has made its parent company’s piece of the pie a lot more valuable. Yet, LG Korea is still trading at a steep discount compared to both the value of its assets
               <i>
                and
               </i>
               its global competitors.
              </p>
              <p data-block-key="532gd" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ There’s a reason investors have been keeping their distance: LG Korea is one of South Korea’s biggest
               <i>
                chaebols
               </i>
               . Those are family-controlled conglomerates, which tend to be structurally complicated with limited transparency and shareholder rights. Plus, currency differences can weigh on international investors’ returns.
              </p>
              <p data-block-key="df123" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ▶ But now, South Korea is pushing for shareholder-friendly reforms. That could fix some of those issues and trim the “Korea discount” that’s been holding the firm back.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
              </p>
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               <b>
                You might also like:
               </b>
               <a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
                Why now (really) is the time for emerging market and Asian stocks
               </a>
               .
              </p>
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                  <strong>
                   Copy to share story:
                  </strong>
                  <a class="text-black60 font-normal" style="text-decoration: underline; font-weight: 400; color: #71767B; color: rgba(113, 118, 123, 1);" target="_blank">
                   https://app.finimize.com/content/homeslice
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                  QUOTE OF THE DAY
                 </div>
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                 <p class="font-heading font-bold text-navy leading-snug mb-2 text-subtitle" data-block-key="cygyq" style="margin-top: 0; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; font-size: 20px; line-height: 1.375; margin-bottom: 8px; color: #0C73EC; color: rgba(12, 115, 236, 1);">
                  "But he that dares not grasp the thorn should never crave the rose."
                 </p>
                 <span class="text-caption font-normal text-blackLight leading-normal" style="font-weight: 400; font-size: 12px; line-height: 1.5; color: #3C4857; color: rgba(60, 72, 87, 1);">
                  – Anne Bronte (an English novelist and poet)
                 </span>
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                        3.
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                         Oh, Annie.
                        </b>
                        How
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                         Diane Keaton turned womenswear on its head
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                        .
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