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   Daily Brew // Morning Brew // Update
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     The NHL teams up with prediction markets...
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             October 23, 2025
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               Morning, y’all.
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              When it hit 22 days yesterday, the government shutdown officially became the second-longest in US history. With no obvious path to an end in sight, it may one day become the longest. But for now, it’s in good company with other second-longest titleholders, such as the Amazon River, the Southern Great Escarpment mountain range, and hippopotomonstrosesquippedaliophobia—the runner-up for the longest word in the English language, which ironically means a fear of long words (really).
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               —Matty Merritt, Sam Klebanov, Molly Liebergall, Abby Rubenstein
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              <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
               MARKETS
              </h3>
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            <tr>
             <td class="pad5m">
             </td>
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            <!-- Nasdaq -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzMDI2fQ:1vBrzO:WMBdxYrzx-vxAWNZCqpIuxH6VEuA5X9EYsrX_kcOv1M" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Nasdaq
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  22,740.40
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.93%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzMTN9:1vBrzO:yjMNee16mgmHMafHGxbiwcUUQoSzTkdsUf37SuhuGXM" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  S&amp;P
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  6,699.40
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.53%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzMjU0fQ:1vBrzO:PNzxnznEqCZF-veMNYsiT_qLNtoJoT6R7rQ609p6gGY" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  46,590.41
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.71%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzMzYzOH0:1vBrzO:MUS3omE2UG710xGCkf6oqv8swirC0zf0hIR1hYE0dnE" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  10-Year
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  3.953%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -1.0 bps
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END 10-Year -->
            <!-- Bitcoin -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzNDY3M30:1vBrzO:tnSt6Y7cx1FQU75HpsNXOkgDN3f5zTramJsOxWD2fRs" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Bitcoin
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $107,302.64
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -3.17%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Netflix -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzNTYzNn0:1vBrzO:tejMwsGdFIZ0MWQNwym_V-lLrzRdh9EJJpb1Dx7UH_s" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Netflix
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $1,116.37
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -10.07%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Netflix -->
            <!-- START REGULAR TEXT -->
            <tr>
             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
               <tr>
                <td style="padding-right:4px">
                 Data is provided by
                </td>
                <td style="margin:0;padding-right:5px">
                 <a style="display:block" target="_blank">
                  <img height="16px" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png%253Fh%253D32%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjEyMTMxMzAuMzIzNjY0NH0:1vBrzO:n_4fYRJriB5KHAJgJB36GaX8Uss9nVHIzCbj0uCDrBE" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 6:00pm ET.
               <a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
                Here's what these numbers mean.
               </a>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 With spooky season in full swing, investors got the heebie-jeebies about the trade war yesterday, sending stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  down
                 </a>
                </span>
                <span>
                 following reports that President Trump is considering restricting software exports to China. Gold and crypto also continued to slide, as investors pulled back on recent frenzied buying. Netflix fell after delivering an earnings miss like a scratched DVD the day before.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
            </tr>
            <tr>
             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
              <div style="background-color:#e8e8e8;margin-top:0;margin-bottom:15px;padding:15px;line-height:22px">
               <p style="margin-top:0;margin-bottom:0;line-height:22px">
                <strong style="color:#1c7ff2;font-size:16px">
                 Markets Sponsored by Miso Robotics
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                <strong style="color:#000">
                 Final day to join 2025 robotics takeover:
                </strong>
                NVIDIA. Amazon. Uber. White Castle. They’re all working with Miso, whose AI-powered robots modernize restaurant kitchens.
                <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                 Invest before tonight’s deadline
                </a>
                .
               </p>
              </div>
             </td>
            </tr>
           </table>
          </th>
         </tr>
        </table>
        <!--[if !mso ]><! -- -->
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      <!-- <![endif]-->
      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            SPORTS
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 NHL gives pro sports blessing to prediction markets
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Polymarket trending bets" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-22%252Fimage-f595576e140c400bffaaf1d2819a8fb5af5b59fc-1500x1000-jpg%252FMBD-Polymarket-NHL-DraftKings-1025.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzIzNzg2M30:1vBrzO:ctHMj7fl_Kwo0ypKqK12eOILFLqVwqdALOHTtXcu82w" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Polymarket
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px 15px 0">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Prediction markets don’t need luck, they are having an incredible month without it. Yesterday, the National Hockey League
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  announced
                 </a>
                 a multi-year deal with Polymarket and Kalshi that will allow both startups to use the league’s data and logos on their platforms.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The deal marks the first partnership between a major US sports league and prediction markets, giving a pro sports seal of approval to upstarts that are challenging traditional sportsbooks.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 A big game
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Kalshi and Polymarket now have the NHL’s logo plastered all over their sites, but even without official recognition, they offer bets on other sports leagues’ games by using vague titles like “Pro football champion” and listing cities instead of specific team names.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 And while prediction markets let users bet on everything from how much the Fed will raise interest rates to when celebrities will break up, sports bettors flock to them:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Kalshi and Polymarket’s trading volume breached $2 billion for the first time last week following the start of the NFL season, eclipsing the previous volume record set during the US presidential election in 2024.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Sports-related bets accounted for $867 million of that trading on Kalshi and $415 million on Polymarket.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Better odds:
                 </strong>
                 Unlike traditional sportsbooks that are subject to a patchwork of local gambling regulations across the US, prediction markets—which facilitate betting contracts between users rather than acting as “the house” you bet against—are considered financial exchanges and regulated federally by the Commodity Futures Trading Commission. That’s allowed them to offer sports bets in states where gambling is illegal, leaving gaming commissions and state regulators pretty peeved. They’re tangling with prediction markets in court, and legal experts ultimately
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  expect
                 </a>
                 the companies’ ongoing ability to offer sports bets to be determined by the Supreme Court.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  If you can’t beat ’em, join ’em:
                 </strong>
                 This week, DraftKings
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  acquired
                 </a>
                 Railbird Technologies, a licensed prediction market exchange.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Everyone wants a piece of predictions:
                 </strong>
                 Kalshi is reportedly receiving funding offers that value it at more than $10 billion. And, the owner of the NYSE recently took a $2 billion
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  stake
                 </a>
                 in Polymarket.—
                 <em>
                  MM
                 </em>
                </p>
               </td>
              </tr>
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            Presented By Miso Robotics
           </h3>
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              “One of the largest industries ever”
             </strong>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              That’s what NVIDIA CEO Jensen Huang said about robotics. In fact, Ark Invest says it could be a $24
              <em>
               trillion
              </em>
              global opportunity.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              That’s why it matters that
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               both NVIDIA and Amazon helped Miso Robotics perfect its new AI-powered kitchen robot
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Miso’s AI-powered kitchen robots have logged 200k+ hours for major restaurant brands like White Castle. And with the launch of their first commercial robot, Miso’s ready to scale into a
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               $4b/year revenue opportunity
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Now, after recently announcing a new partnership with Uber AI, Miso is boosting its US-based manufacturing to meet demand for upcoming installations.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              And you can join 39k+ people as an investor. But act fast.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Today is the final day to invest in Miso Robotics in 2025
              </a>
              .
             </p>
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            WORLD
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                 Tour de headlines
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              <img alt="A Tesla dealership" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-22%252Fimage-53a605791cf770f157ba44ded830768985054f86-1500x1000-jpg%252FMBD-Tesla-SmithCollection-Gado-Getty-Images-1025.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzI0NDY0fQ:1vBrzO:Og3Lee_CbBQCE2Tlp7byf0JjMRu69vAeOwIF3GsKFWc" style="width:100%;max-width:670px;display:block" width="670"/>
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                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Foncoming-automobile_1f698.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI0NTYzM30:1vBrzO:b--NOJ7pe0iGOnVVd11sSdKWNW-M8KeCZc4fLf3Bww8" style="max-width:18px" width="18"/>
                  Tesla profit falls despite record sales.
                 </strong>
                 The good news for Tesla: It
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  sold
                 </a>
                 a record number of cars last quarter as customers raced to get new EVs ahead of the expiration of a government tax credit, pushing its revenue up 12% from the same time last year to $28 billion. The bad news: Its costs soared too, leaving its profit 37% down compared to a year earlier. Nonetheless, Elon Musk looked toward the future, stressing to investors that he expects to build AI, humanoid robots, and fully self-driving cars. And despite the profit setback, Musk stressed that he should still get a new pay package that would give him $1 trillion and more control of the company, saying, “I don’t feel comfortable building that robot army if I don’t have, at least, influence over it.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwater-wave_1f30a.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI0NjU2fQ:1vBrzO:UYBRdgIEuJKnbV_Vh-E_tlnRPjPy-wMriB7WVJWndI0" style="max-width:18px" width="18"/>
                  US expands campaign against accused drug boats to the Pacific.
                 </strong>
                 Defense Secretary Pete Hegseth posted a video on X of a strike on a boat in the Eastern Pacific that he
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 was “known by our intelligence to be involved in illicit narcotics smuggling.” The strike, which killed two people on board, was the eighth one the Trump administration has carried out on a boat allegedly carrying drugs, but all the others were in the Caribbean Sea. Legal experts and members of Congress have questioned whether the strikes are lawful since they began last month, but the administration says it is relying on a legal opinion that it can treat drug traffickers like enemy combatants in a war rather than as criminals.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fpersonal-computer_1f4bb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI0NzQ5fQ:1vBrzO:WRdtv3bYGTbB4Xb9kVovicXWtnplCI2vHSpyEPuezQs" style="max-width:18px" width="18"/>
                  Meta cuts ~600 jobs in its AI unit.
                 </strong>
                 While
                 <strong style="color:#000">
                 </strong>
                 AI jobs might seem like they should be the safest jobs out there, Meta is conducting mass layoffs in its AI unit even as it pours billions into the tech. But it’s not a sign the company is backing off on AI. Rather, Axios
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  reports
                 </a>
                 that Mark Zuckerberg wasn’t satisfied with its longstanding AI efforts, and has been reshaping its push by starting a new lab and luring talent from competitors with headline-making multimillion-dollar compensation packages. Reducing the size of the team will help get decisions made more efficiently, Meta’s chief AI officer Alexandr Wang—who was recently brought in himself through Meta’s $14.3 billion investment in his company—wrote in a memo to staff.
                 <em>
                  —AR
                 </em>
                </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            BUSINESS
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 No sign of economic rot in corporate earnings
                </a>
               </h1>
              </div>
             </table>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Reflection of earnings" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-22%252Fimage-7ca482c3d07ff42e592b2adebd49d6ac7056d350-3000x2000-png%252Fmbd-firework-s_p-ni-102225.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzI0ODU3N30:1vBrzO:j7r5IzUHhcblp0lfBYE-1fHg0ZWg_eNeVDnk6xUBPdw" style="width:100%;max-width:670px;display:block" width="670"/>
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              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Nick Iluzada
                  <br/>
                 </em>
                </small>
               </span>
              </p>
             </div>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Corporate America might need a bigger rake for all the cash that’s coming its way. Though only 13% of S&amp;P 500 companies have reported Q3 earnings so far, more than 85% of them have surpassed Wall Street’s expectations—the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  largest share
                 </a>
                 to do so in over four years, per Bloomberg Intelligence.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The upbeat earnings calls serve as an economic vibe check (albeit an incomplete one) that Wall Street and policy wonks are watching extra closely, since government data is limited as a result of the ongoing shutdown.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 So, who’s rolling in it?
                </h2>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   General Motors boosted its earnings projections for 2025 from $10 billion–$12.5 billion to $12 billion–$13 billion. The automaker took a hit from tariffs and EV scalebacks, but enjoyed the best sales of its Silverado truck and Escalade SUV in the first three quarters since 2018 and 2007, respectively.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Coca-Cola’s Q3 net sales reached $12.46 billion, up 5% from the previous year. Units sold jumped by 1% from 2024 despite tariff-induced price hikes. The company was buoyed by growth in lower-calorie drink options like Coke Zero, though it said lower-income consumers are spending less.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Non-consumer brands—like oil services provider Halliburton, life sciences giant Danaher, and banking behemoth JPMorgan—also delivered blowout earnings.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  This might ease some concerns…
                 </strong>
                 that stocks are overvalued amid the AI investment frenzy (which some call a bubble) and the recent collapse of two auto companies due to debt issues. Still, while corporate coffers fill up, the job market is
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  looking
                 </a>
                 weak.
                 <em>
                  —SK
                 </em>
                </p>
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               Autumn adventures await
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               .
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              As the leaves turn and the scent of pumpkin spice fills the air, it’s time to hit the road with
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            AI
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                 AI pioneers &amp; celebs call for halt to superintelligence
                </a>
               </h1>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
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                  Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Imagine if Dr. Frankenstein had people in the room with him yelling, “Nooooooooo!” That’s kind of what happened yesterday, when a group of prominent professionals signed a petition
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  urging
                 </a>
                 a temporary ban on the development of AI that surpasses human cognition until there’s “broad scientific consensus that it will be done safely and controllably, and strong public buy-in.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Hundreds of public figures in AI research, business, politics, and culture endorsed the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  statement
                 </a>
                 , which mentions concerns about “losses of freedom, civil liberties, dignity, and control,” plus “national security risks and even potential human extinction.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Notable signatories include:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Computer scientists Yoshua Bengio and
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Geoffrey Hinton
                   </a>
                  </span>
                  <span>
                   , who are considered the “godfathers” of modern AI because their deep learning discoveries underpin much of the tech.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Apple co-founder Steve Wozniak, Virgin Group founder Richard Branson, and World Economic Forum Interim Co-Chair Andre Hoffmann.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Two top-ranking national security officials from George W. Bush’s and Barack Obama’s administrations.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Trump allies Steve Bannon and Glenn Beck.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Joseph Gordon-Levitt, Will.I.am,
                  </span>
                  <span>
                   <em>
                    Sapiens
                   </em>
                  </span>
                  <span>
                   author Yuval Noah Harari, and Prince Harry and Meghan Markle.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  But…
                 </strong>
                 the nonprofit that organized this petition penned a similar
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  open letter
                 </a>
                 in 2023 (which Elon Musk signed) that didn’t seem to slow AI’s rapid roll. Since then, the industry has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  plunged
                 </a>
                 billions more dollars into the quest for superintelligence, which Sam Altman aims to achieve by 2030.
                 <em>
                  —ML
                 </em>
                </p>
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                   </a>
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                <!-- END SOCIAL LINKS -->
               </td>
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       <!--[if !mso ]><! -- -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            STAT
           </h3>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Prime number: Tripling python removals
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="A man in a full python skin suit" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-22%252Fimage-6d3fbdb81f28c83677b321ab7e9264fc21634d93-3000x2000-png%252FMBD-Snakes-Boat-NI-102225.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzI1OTI3N30:1vBrzO:pF25_IzyFEQmrBywJJkrlJwj99cuBWFVon3XQ-o5R6E" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Nick Iluzada
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Your fancy new wallet may be saving the Everglades. Florida Gov. Ron DeSantis
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 yesterday that the removal of invasive Burmese Pythons to protect the fragile ecosystem of the Everglades tripled this year, after the state partnered with a company that uses the snakes’ skins for leather. Per DeSantis:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Florida began working with Inversa Leathers last year, and it has sped up the removal. Between May and July of this year, 1,022 pythons were removed—compared to 343 during that same period in 2024.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   In July alone, 748 snakes were removed, which is more than the entire previous year’s total.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The state invested $2 million in the program this year, and DeSantis is seeking continued annual funding for it.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 As for Inversa, its website features an array of python leather products perfect for anyone trying to ape Taylor Swift’s
                 <em>
                  Reputation
                 </em>
                 era style. The company also makes leather from the skins of other invasive species, including silverfin and lionfish.
                 <em>
                  —AR
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
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         </td>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            NEWS
           </h3>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
              </div>
             </table>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The entire East Wing
                   </a>
                  </span>
                  <span>
                   of the White House is being demolished to make room for the $250 million ballroom President Trump wants to add, despite his earlier assurances that it wouldn’t “interfere with the current building.”
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The US
                   </a>
                  </span>
                  <span>
                   imposed sanctions on two of Russia’s largest oil companies due to what the Treasury Department described as Russia’s “lack of serious commitment” to ending the war in Ukraine.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Warner Bros. Discovery
                   </a>
                  </span>
                  <span>
                   has reportedly rejected three takeover offers from Paramount Skydance as it considers selling itself.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The Louvre
                   </a>
                  </span>
                  <span>
                   reopened three days after thieves made off with some of France’s crown jewels worth an estimated $102 million in a brazen daylight heist. The Wall Street Journal reports that a security camera facing the wrong way allowed the robbery to happen.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Tinder
                   </a>
                  </span>
                  <span>
                   will require US users to verify their identity with a facial scan to root out bots and fake accounts, so you’ll know it’s a human sending that “u up” message.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Misty Copeland
                   </a>
                  </span>
                  <span>
                   , the first Black female principal dancer in the 75-year history of the American Ballet Theatre, danced her final dance before retiring last night.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
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         </td>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
          </div>
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            <td class="story-content">
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              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330-png%252FMB_todo_banner.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzI2MDQ4Nn0:1vBrzO:g9a1mz-Yt8UG1YUBgThI-Pvv5ASlcJHWWZNbCQEKRi8" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI2MTUzM30:1vBrzO:KYpHGKqdvNnutlm7x4JPU4xC-nqzTsG4w1fRpsCP1GM" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Eat:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   These fruit jams
                  </a>
                  are low on sugar, but loaded with taste.**
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI2MjU5NH0:1vBrzO:ac-SCA1yjcfGYV-XbiHjoQsqJyqIVRXI8Km8TARqELs" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Play:
                  </strong>
                  Guess
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   where and when
                  </a>
                  a historic photo was taken.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI2MzU2fQ:1vBrzO:jZhcB_-Hc6qW8SB_Kj1VjN3Wz4Q58J1W1xQ2o8Rjulg" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   This video
                  </a>
                  will up your cake-baking game.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI2NDQ4NH0:1vBrzO:l1raRUzDUanPinDW1ZenVSiq7G5dMjUQjRO0_8HtEsI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Game:
                  </strong>
                  Preorder the latest volume of the
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Morning Brew
                   <em>
                    Book of Crosswords
                   </em>
                  </a>
                  and see if you can beat Neal’s times.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <strong style="color:#000">
                   <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjEyMTMxMzAuMzI2NTQyNn0:1vBrzO:auBiCHZ7H0TqunMV-BAg2zI4wcMW_0gD4WJ0-Sr7Fuw" style="max-width:18px" width="18"/>
                   Key sectors:
                  </strong>
                  JPMorganChase launched a
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   $1.5 trillion, 10-year plan
                  </a>
                  to facilitate, finance, and invest in industries vital to national economic security.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Learn more
                  </a>
                  .*
                 </p>
                 <placementslot data-id="419dbe9f4cfc">
                 </placementslot>
                 <placementslot data-id="cad28c8b5a6d">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
                 </p>
                </div>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-3524949da8d220051120175f97246671d52e0b38-2700x660-png%252FIMG_9052.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjEyMTMxMzAuMzI2NjQ4Mn0:1vBrzO:7vh8C9oEknplgh_ioPY-j9Ub2vN309nzoFRRxZuGEII" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
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              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Mini:
                 </strong>
                 If you’ve ever tasted the rainbow, you’re ready to solve today’s Mini.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Play it here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Three Headlines and a Lie
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Three of these headlines are real and one is faker than your sister’s ETA. Can you spot the odd one out?
                </p>
                <ol>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Mosquitoes
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    found
                   </a>
                  </span>
                  <span>
                   in Iceland for first time as climate crisis warms country
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Would you take a 12-week
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    cruise
                   </a>
                  </span>
                  <span>
                   that doesn’t leave the dock?
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Lost Jack Kerouac story
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    found
                   </a>
                  </span>
                  <span>
                   among assassinated mafia boss’ belongings
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Wild bear pays surprise
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    visit
                   </a>
                  </span>
                  <span>
                   to bear enclosure at California zoo: ‘He was very polite’
                  </span>
                 </li>
                </ol>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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                  Share Morning Brew
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                  Word of the Day
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                 Today’s Word of the Day is: hippopotomonstrosesquippedaliophobia, meaning “fear of long words” (we told you up top, but repetition is good for vocabulary building). Thanks to Daniel Pelts from Chattanooga, TN, and the dozens of other readers who cringe at the thought of antidisestablishmentarianism, for the suggestion. Submit another Word of the Day
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               ✢ A Note From Miso Robotics
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