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  <div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">
   Big Tech’s big capital spending continues to surge even higher than the companies had previously expected.
  </div>
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                     <span class="tinyMce-placeholder" style="word-break: break-word;">
                      Hey Snackers,
                     </span>
                    </h1>
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                     <p style="margin:0;margin-bottom:16px">
                      There’s optimism, there’s damning with faint praise, and then there are
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Beyond Meat
                       </strong>
                      </a>
                      bulls on
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Reddit
                       </strong>
                      </a>
                      . Shares jumped
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        more than 20%
                       </strong>
                      </a>
                      <strong>
                      </strong>
                      at their peak on Thursday, briefly breaching $1, seemingly just on the simple fact that the faux meat seller has… actually
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        scheduled its Q1 earnings report
                       </strong>
                      </a>
                      . To be fair, the meme stock fave has had a
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        chaotic history of releasing results
                       </strong>
                      </a>
                      .
                     </p>
                     <p style="margin:0;margin-bottom:16px">
                      The S&amp;P 500, Nasdaq 100, and Russell 2000 notched new record closing highs as investors digested yesterday’s earnings from
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        four tech giants
                       </strong>
                      </a>
                      .
                      <strong>
                      </strong>
                      Every sector climbed higher except for technology, with the communications sector topping gains.
                     </p>
                     <p style="margin:0">
                      🧠 Trivia time… Test your knowledge of recent news stories with our
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Snacks Seven Quiz
                       </strong>
                      </a>
                      . Here’s a sample question:
                     </p>
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                     <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Which country is placing a lifetime ban on the sale of tobacco products to anyone born on or after January 1, 2009?
                       <br/>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Check your answer
                        </strong>
                       </a>
                       .
                      </li>
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<w:anchorlock/>
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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; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
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                       <strong>
                        MAKE IT MAKE CENTS
                       </strong>
                      </span>
                     </span>
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                     <strong>
                      Alphabet, Amazon, Microsoft, and Meta plan to spend more than $700 billion on capex this year. So why did Nvidia tank?
                     </strong>
                    </h1>
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                     <p style="margin:0;margin-bottom:16px">
                      Big Tech’s big capital spending continues to surge even higher than the companies had previously expected.
                     </p>
                     <p style="margin:0">
                      Combined,
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Alphabet
                       </strong>
                      </a>
                      ,
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Amazon
                       </strong>
                      </a>
                      ,
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Microsoft
                       </strong>
                      </a>
                      , and
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Meta
                       </strong>
                      </a>
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        plan to spend more than $700 billion on capex in 2026
                       </strong>
                      </a>
                      , nearly double what they spent last year and $100 billion more than they’d predicted just last quarter, as they continue to build out the AI infrastructure to support their AI futures.
                     </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-top:10px;padding-bottom:15px;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">
                       The 2026 capex guidance for this group — which went up about $15 billion thanks to
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Meta
                        </strong>
                       </a>
                       <strong>
                       </strong>
                       and
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Google
                        </strong>
                       </a>
                       ’s
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         updates
                        </strong>
                       </a>
                       — has been a shorthand for
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Nvidia
                        </strong>
                       </a>
                       ’s earnings outlook throughout the AI boom. That makes sense, as it’s one of the biggest suppliers to all four firms.
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       On the surface, it’s difficult to see why Nvidia got clobbered to the tune of 4.7% after the Magnificent 7’s four hyperscalers reported earnings after the close on Wednesday.
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         What gives?
                        </strong>
                       </a>
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       As the AI boom evolves, one reason being offered for Nvidia’s sharp sell-off is that its most important product — GPUs — simply aren’t the key missing ingredient right now. Rather, they’re something these companies are trying to do without while building up their own suite of offerings.
                      </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">
                      After a spike during Q4 earnings, hyperscalers aren’t talking as much about the OG brains behind the AI boom, but they are talking a lot about the hardware they’re bringing to the table, and nodding to the idea that escalating capex numbers are indeed
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        a function of higher memory chip prices
                       </strong>
                      </a>
                      , rather than a more aggressive accumulation of GPUs.
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
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           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <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 align="center" class="pad" style="width:100%;padding-top:24px;padding-bottom:8px">
                    <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%">
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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">
                      Of course, this is 20/20 hindsight: Nvidia — like every chip company — has been on an
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        absolute heater
                       </strong>
                      </a>
                      since the market bottomed in late March. And to be clear, the chip designer’s sharply rising sales estimates strongly imply that hyperscalers’ hardware offerings are meant to augment, rather than replace, demand for the most valuable company’s products.
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
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                       <strong>
                        JOHNNY APPLESEED
                       </strong>
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                      <strong>
                       Apple beats estimates on earnings and revenue
                      </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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                    <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                     <p style="margin:0">
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Apple reported its second-quarter earnings Thursday
                       </strong>
                      </a>
                      , beating analysts’ expectations in its first earnings release since Tim Cook
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        announced he’d be stepping down
                       </strong>
                      </a>
                      <strong>
                      </strong>
                      as CEO.
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="list_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
                  <tr>
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                    <div style="margin-left:-20px">
                     <ul style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       The iPhone maker posted earnings per share of $2.01 (compared with the FactSet analyst consensus estimate of $1.95) on $111.2 billion of revenue (versus analysts’ expectations of $109.5 billion). Revenue was a record for the March quarter. The stock rose 3.8% after-hours in the wake of the report.
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       The company also delivered record Q2 iPhone revenue of $56.99 billion, compared with FactSet’s consensus forecast of $56.5 billion, as the iPhone 17 continued to perform well globally.
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Beyond hardware, Wall Street is keeping a close eye on Apple’s Services segment, which includes the App Store, iCloud, and Apple Music.
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Services
                        </strong>
                       </a>
                       have become the company’s most reliable growth engine and a massive booster to overall gross margins, especially as hardware sales face longer upgrade cycles.
                      </li>
                     </ul>
                    </div>
                   </td>
                  </tr>
                 </table>
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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">
                      “Customer response to Mac Neo
                      <strong>
                      </strong>
                      has just been
                      <strong>
                      </strong>
                      off the charts,” Cook said in the earnings call. That’s one reason that Mac posted a record quarter on the metric of sales to new customers. Makes sense: we hear the guy running the hardware department over there is really going places.
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
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              </table>
             </td>
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           </tbody>
          </table>
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       </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">
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                 <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%">
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                    <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>
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                     <p style="margin:0">
                      In China, where the company is
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        on its way to becoming the smartphone market leader
                       </strong>
                      </a>
                      ,
                      <strong>
                      </strong>
                      Apple’s revenue was $20.5 billion, versus the Street’s $19 billion. Apple is expected to debut a foldable iPhone later this year — which could be another boost to its sales in China, the biggest market for foldable phones.
                     </p>
                    </div>
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         </td>
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       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-9" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <table border="0" cellpadding="0" cellspacing="0" class="button_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td align="left" class="pad">
                    <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:259px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
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                    <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; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
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                      <span style="word-break: break-word; line-height: 16.8px;">
                       <strong>
                        THE BEST THING WE READ TODAY
                       </strong>
                      </span>
                     </span>
                    </span>
                    <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                   </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 align="center" class="pad" style="width:100%;padding-top:10px;padding-bottom:10px">
                    <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                     <a style="text-decoration: underline; color: #5869ff;">
                      <strong>
                       The number of people using Meta apps fell for the first time in seven years
                      </strong>
                     </a>
                    </h1>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
                  <tr>
                   <td class="pad" style="padding-bottom:10px">
                    <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                     <p style="margin:0;margin-bottom:16px">
                      With all the talk around
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        ballooning data center spending
                       </strong>
                      </a>
                      and
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        Meta
                       </strong>
                      </a>
                      ’s AI ambitions — there were 49 references to “AI” on its
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        earnings
                       </strong>
                      </a>
                      call yesterday — it can be easy to lose sight of what’s still at the heart of the Meta business: messaging, watching, liking, and doomscrolling across its core apps, which just shed
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        20 million daily active people
                       </strong>
                      </a>
                      .
                     </p>
                     <p style="margin:0">
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        What Mark Zuckerberg blamed it on
                       </strong>
                      </a>
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-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;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <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 align="center" class="pad" style="padding-top:25px;padding-bottom:25px">
                    <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>
                   </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 align="center" class="pad" style="width:100%;padding-top:10px;padding-bottom:10px">
                    <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                     <strong>
                      Snacks Shots
                     </strong>
                    </h1>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
                  <tr>
                   <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                    <div style="margin-left:-20px">
                     <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       🏀
                       <strong>
                        NBA:
                       </strong>
                       The first round of the NBA playoffs is coming to a close this weekend, sending half the teams in the tournament home after just one round. So, what have we learned so far? In the East, Boston’s chances of becoming the conference champion have increased by 5 points up to
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         48%* compared to the start of the playoffs
                        </strong>
                       </a>
                       , while Cleveland and New York’s chances have stayed pretty much flat at 24% and 18%, respectively.
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       🏀
                       <strong>
                        NBA:
                       </strong>
                       In the West, it’s Oklahoma City’s to lose, with traders now giving it a
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         68% chance of winning the conference
                        </strong>
                       </a>
                       .
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       <strong>
                        🏒
                       </strong>
                       <strong>
                        NHL:
                       </strong>
                       Hockey too will see the first round of its playoffs wrap shortly, and while the Las Vegas Golden Knights have enjoyed the most robust pop over the first round (now up to 11% odds of hoisting the Stanley Cup), the teams seen as the likeliest winners include
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Colorado (31%) and Carolina (24%)
                        </strong>
                       </a>
                       .
                      </li>
                     </ul>
                    </div>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
                  <tr>
                   <td class="pad" style="padding-top:10px;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">
                      *Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td align="center" class="pad" style="padding-top:25px;padding-bottom:25px">
                    <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>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-11" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <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 align="center" class="pad" style="width:100%;padding-bottom:10px">
                    <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-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
                  <tr>
                   <td class="pad" style="padding-top:5px;padding-bottom:5px;padding-left:10px;padding-right:10px">
                    <div style="margin-left:-20px">
                     <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li style="Margin:0 0 8px 0">
                       The President Trump-backed
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         World Liberty Financial token sank to a new all-time low
                        </strong>
                       </a>
                       as a governance proposal to unlock 62 billion tokens looks sure to move forward
                      </li>
                      <li style="Margin:0 0 8px 0">
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Ford
                        </strong>
                       </a>
                       is reportedly
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         leaving the door open for a Chinese automaker collaboration
                        </strong>
                       </a>
                       , even as US lawmakers scramble to lock in restrictions on cheaper foreign vehicles and parts
                      </li>
                      <li style="Margin:0 0 8px 0">
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Eli Lilly
                        </strong>
                       </a>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         quelled fears
                        </strong>
                       </a>
                       <strong>
                       </strong>
                       about its GLP-1 pill Foundayo after early prescription data suggested a lackluster rollout compared to rival treatments. It also
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         beat Q1 estimates and raised full-year guidance
                        </strong>
                       </a>
                       , giving investors a double dose of good news
                      </li>
                      <li style="Margin:0 0 8px 0">
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Microsoft
                        </strong>
                       </a>
                       said its Xbox division has “
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         work to do
                        </strong>
                       </a>
                       ” after console sales plunged 33% and gaming revenue fell by $380 million in Q3
                      </li>
                      <li style="Margin:0 0 8px 0">
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Hertz
                        </strong>
                       </a>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         surged
                        </strong>
                       </a>
                       after announcing an autonomous fleet partnership with
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Uber
                        </strong>
                       </a>
                       , betting self-driving vehicles are the future of rentals
                      </li>
                      <li style="Margin:0 0 8px 0">
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Blue Owl Capital
                        </strong>
                       </a>
                       rose after highlighting a
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         10x gain on its SpaceX investment
                        </strong>
                       </a>
                      </li>
                     </ul>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-12" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;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;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-bottom:5px;padding-left:25px;padding-right:25px;padding-top:5px">
                 <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 align="center" class="pad" style="padding-top:25px;padding-bottom:25px">
                    <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>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-13" 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-color:#5869ff;background-size:auto;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;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-bottom:15px;padding-left:25px;padding-right:25px;padding-top:15px">
                 <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 align="center" class="pad" style="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-top:10px;padding-bottom:10px;padding-left:40px;padding-right:40px">
                    <div style="color:#fff;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>
                        Yesterday, the national average gas price rose to the highest level seen since July 2022.
                       </strong>
                      </a>
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-14" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <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 align="center" class="pad" style="padding-top:25px;padding-bottom:25px">
                    <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>
                   </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%">
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                         Exxon Mobil
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                       ,
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                         Cboe
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