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Robinhood Registered user
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Subscribed 4 years, 8 months ago
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The crypto asset briefly broke below $74,000, its lowest level since Donald Trump won the 2024 US presidential.
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Hey Snackers,
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<p style="margin:0;margin-bottom:16px">
In Chattanooga, Tennessee, a different type of curling championship took place, in which teams attempted to
<a style="text-decoration: underline; color: #5869ff;">
<strong>
throw an iron skillet
</strong>
</a>
as close as they could to a piece of bacon on ice. With costumes, alcohol, and team names like “Wu-Tang Pans,” skillet curling is a fun and creative variant on a classic Winter Olympics sport. (For coverage of
<em>
actual
</em>
Olympic, college, and professional sports,
<a style="text-decoration: underline; color: #5869ff;" target="_self">
<strong>
subscribe to Scoreboard
</strong>
</a>
.)
</p>
<p style="margin:0;margin-bottom:16px">
The S&P 500 and Nasdaq 100
<a style="text-decoration: underline; color: #5869ff;">
<strong>
sank
</strong>
</a>
as
<strong>
Anthropic
</strong>
’s
<a style="text-decoration: underline; color: #5869ff;">
<strong>
new tools for Cowork
</strong>
</a>
, a computer assistant on mental steroids, triggered a sell-off in software stocks. The Russell 2000 rose.
</p>
<p style="margin:0">
All of the
<a style="text-decoration: underline; color: #5869ff;">
<strong>
BATMMAAN stocks
</strong>
</a>
<strong>
</strong>
fell except for
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Tesla
</strong>
</a>
, and tech was the worst-performing sector. Energy was the best-performing sector as crude oil prices climbed amid
<a style="text-decoration: underline; color: #5869ff;">
<strong>
escalating
</strong>
</a>
tensions with Iran. Investors switched to a defensive stance, sending consumer staples and utilities up over 1%, along with materials.
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Gold
</strong>
</a>
and
<a style="text-decoration: underline; color: #5869ff;">
<strong>
silver
</strong>
</a>
prices rebounded after their recent historic wipeout.
</p>
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<span style="word-break: break-word; line-height: 16.8px;">
<strong>
BITCOIN BLOODBATH
</strong>
</span>
</span>
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<a style="text-decoration: underline; color: #5869ff;" target="_self">
<strong>
Bitcoin drops to lowest level since the day after Trump’s election win
</strong>
</a>
</h1>
</td>
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<p style="margin:0;margin-bottom:16px">
So much for Trump’s
<a style="text-decoration: underline; color: #5869ff;">
<strong>
bitcoin
</strong>
</a>
bump: the cryptocurrency dipped below $74,000 on Tuesday, its lowest level since Donald Trump won the 2024 US presidential election on November 6, and an over
<strong>
$50,000
</strong>
drop from its
<a style="text-decoration: underline; color: #5869ff;">
<strong>
all-time high on October 6, 2025
</strong>
</a>
. But following that peak, the asset ended October down, and bitcoin
<a style="text-decoration: underline; color: #5869ff;">
<strong>
hasn’t ended a month in the green since
</strong>
</a>
.
</p>
<p style="margin:0;margin-bottom:16px">
Is this a correction or something…
<a style="text-decoration: underline; color: #5869ff;">
<strong>
more chilling
</strong>
</a>
? We think
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Bitwise
</strong>
</a>
CIO Matt Hougan hit the nail on the head when he wrote, “This is not a ‘bull market correction’ or ‘a dip.’ It is a full-bore, 2022-like, Leonardo-DiCaprio-in-The-Revenant-style crypto winter.”
</p>
<p style="margin:0">
How did we get here?
<a style="text-decoration: underline; color: #5869ff;">
<strong>
What happened to the “crypto president” taking us all to the moon?
</strong>
</a>
</p>
</div>
</td>
</tr>
</table>
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<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">
Hougan posits it was “set into motion by factors ranging from excess leverage to widespread
<a style="text-decoration: underline; color: #5869ff;">
<strong>
profit-taking by OGs
</strong>
</a>
.”
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
Bitfinex analysts said that the broader flows picture suggests a clear risk-off rotation, with investors reallocating toward cash and gold amid rising uncertainty. “In this environment, the lack of ETF absorption has amplified downside volatility, reinforcing the importance of institutional spot demand as a stabilizing force during periods of market stress,” they said.
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
Glassnode analysts agree, writing, “Overall, conditions have shifted into a clear risk-off regime across spot, derivatives, ETFs, and on-chain indicators.”
</li>
</ul>
</div>
</td>
</tr>
</table>
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<p style="margin:0">
It’s not just bitcoin: the broader crypto ecosystem is suffering. The overall crypto market cap now stands at
<strong>
$2.6 trillion
</strong>
, but before the
<a style="text-decoration: underline; color: #5869ff;">
<strong>
October 10 liquidation event
</strong>
</a>
, it had soared above
<strong>
$4 trillion
</strong>
.
</p>
</div>
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</tr>
</table>
</td>
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</tbody>
</table>
</td>
</tr>
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<span class="tinyMce-placeholder" style="word-break: break-word;">
THE TAKEAWAY
</span>
</h1>
</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">
Bernstein analyst Gautam Chhugani sees a light at the end of a tunnel, but he warns it’ll likely get
<a style="text-decoration: underline; color: #5869ff;">
<strong>
worse before it gets better
</strong>
</a>
. He anticipates a reversal most likely in the first half of 2026, after bitcoin bottoms out “around its last cycle highs
<strong>
~60K range
</strong>
.” The good news for bitcoin bulls is that Chhugani predicts following that bottom, the asset will enter its “sovereign cycle,” while Ray Youssef, CEO of crypto app NoOnes, said earlier this week that bitcoin’s potential downside is in the
<a style="text-decoration: underline; color: #5869ff;">
<strong>
$69,000
</strong>
<strong>
to
</strong>
<strong>
$71,000
</strong>
<strong>
range
</strong>
</a>
, pointing to the crypto president’s decisions “in both domestic and foreign policy… acting as a key downside catalyst.”
</p>
</div>
</td>
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</div>
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</table>
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<span style="word-break: break-word; line-height: 16.8px;">
<strong>
NO. 2
</strong>
</span>
</span>
<!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
</div>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="heading_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
<tr>
<td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
<h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Music’s not stopping yet: AMD posts big beat in Q4 with sunny Q1 sales guidance
</strong>
</a>
</h1>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
<tr>
<td class="pad" style="padding-bottom:10px">
<div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
<p style="margin:0">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
AMD
</strong>
</a>
, the No. 2 chipmaker in the GPU business, released
<strong>
</strong>
<a style="text-decoration: underline; color: #5869ff;">
<strong>
better-than-expected fourth-quarter results
</strong>
</a>
with an outlook to match, but those weren’t enough to impress investors.
</p>
</div>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="list_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
<tr>
<td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
<div style="margin-left:-20px">
<ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
<li aria-level="1" style="Margin:0 0 8px 0">
The company had a good quarter, with revenues of $10.27 billion (beating the consensus estimate of $9.65 billion) and solid expectations for the current quarter: management expects revenues of $9.8 billion, give or take $300 million, more than estimates of $9.4 billion.
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
That revenue guidance for Q1 includes $100 million in sales of MI308 chips to China, as the chip designer was once again able to send some of its AI processors to buyers in the world’s second-largest economy.
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
In Q4, AMD generated $390 million from sales of these chips to China. Without those revenues, sales would have been a lot closer to the consensus estimate.
</li>
</ul>
</div>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-6" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
<tr>
<td class="pad" style="padding-bottom:10px">
<div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
<p style="margin:0">
The knee-jerk reaction for shares
<a style="text-decoration: underline; color: #5869ff;">
<strong>
is lower
</strong>
</a>
, off nearly 7% in after-hours trading.
</p>
</div>
</td>
</tr>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
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<tbody>
<tr>
<td>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
<tbody>
<tr>
<td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
<table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
<tr>
<td class="pad" style="padding-bottom:8px;padding-top:24px;text-align:center;width:100%">
<h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:23px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:28px">
<span class="tinyMce-placeholder" style="word-break: break-word;">
THE TAKEAWAY
</span>
</h1>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
<tr>
<td class="pad" style="padding-bottom:10px">
<div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
<p style="margin:0;margin-bottom:16px">
Earlier in earnings season,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Intel
</strong>
</a>
— AMD’s rival in CPUs — said
<a style="text-decoration: underline; color: #5869ff;">
<strong>
supply constraints were weighing on its outlook
</strong>
</a>
, seemingly giving AMD an opportunity to
<a style="text-decoration: underline; color: #5869ff;">
<strong>
grow market share
</strong>
</a>
. During the firm’s analyst day in Q4, CEO Lisa Su said the company could post compounded annual revenue growth of over 35% for the next three to five years, with
<a style="text-decoration: underline; color: #5869ff;">
<strong>
growth above 60% in its data center business
</strong>
</a>
.
</p>
<p style="margin:0">
But, of course, it’s the longevity and magnitude of the AI boom and how big a piece of the pie AMD can grab that will ultimately determine the success of the shares in the medium term.
</p>
</div>
</td>
</tr>
</table>
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<a style="color:#ffffff;text-decoration:none;" target="_blank">
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Read more
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<strong>
THE BEST THING WE READ TODAY
</strong>
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</span>
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<h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
SpaceX and Tesla are sounding very similar these days
</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%">
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<td class="pad" style="padding-bottom:10px">
<div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
<p style="margin:0;margin-bottom:16px">
Yesterday, Elon Musk
<a style="text-decoration: underline; color: #5869ff;">
<strong>
announced
</strong>
</a>
that his space company,
<strong>
SpaceX
</strong>
, was
<a style="text-decoration: underline; color: #5869ff;">
<strong>
acquiring his AI company
</strong>
</a>
,
<strong>
xAI
</strong>
. The vision for the newly merged company, expected to go public this year, sounds a lot like Musk’s other public company,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Tesla
</strong>
</a>
. Both have
<a style="text-decoration: underline; color: #5869ff;">
<strong>
grand missions
</strong>
</a>
and unlikely goals, among many other things that lead Sherwood News’ Rani Molla to the same theory as
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Wedbush Securities’ Dan Ives
</strong>
</a>
: the next Musk merger will be between his space company and his company that
<a style="text-decoration: underline; color: #5869ff;">
<strong>
once sent a vehicle to space
</strong>
</a>
.
</p>
<p style="margin:0">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Read more
</strong>
</a>
</p>
</div>
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</tr>
</table>
</td>
</tr>
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</table>
</td>
</tr>
</tbody>
</table>
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<tbody>
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</table>
</div>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
<tr>
<td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
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<strong>
Snacks Shots
</strong>
</h1>
</td>
</tr>
</table>
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<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>
Olympics:
</strong>
We are rapidly coming up on the Milano Cortina Olympics, and the world’s eyes will turn to one sport. Chess on Ice. The Roaring Game. We refer, of course, to
<em>
curling
</em>
. Among the
<a style="text-decoration: underline; color: #5869ff;">
<strong>
men’s squads
</strong>
</a>
, Great Britain is entering the games with a 42% chance of taking gold, according to prediction markets,* followed by Canada with a 29% chance and Switzerland with an 11% shot. For the women, Canada is a strong favorite,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
with a 59% chance of victory
</strong>
</a>
.
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
<strong>
📺 Netflix:
</strong>
Yesterday saw
<a style="text-decoration: underline; color: #5869ff;">
<strong>
representatives from Netflix
</strong>
</a>
hauled in front of Congress as their proposed acquisition of
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Warner Bros. Discovery
</strong>
</a>
is vetted by the Hill. It didn’t make much of a difference, it seems:
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Netflix
</strong>
</a>
has had
<a style="text-decoration: underline; color: #5869ff;">
<strong>
a steady 60% chance
</strong>
</a>
of scoring WBD for weeks now, and didn’t move on the news.
</li>
<li style="Margin:0 0 8px 0">
<strong>
💸 Crypto:
</strong>
As crypto reels from the ongoing sell-off, a recovery to prices seen as recently as three months ago is seen to be far off. Prediction markets put it at a mere 22% chance that
<a style="text-decoration: underline; color: #5869ff;">
<strong>
bitcoin
</strong>
</a>
crosses $100,000 by the end of May, and just
<a style="text-decoration: underline; color: #5869ff;">
<strong>
a 34% chance it returns to that price level by the end of July
</strong>
</a>
.
<a style="text-decoration: underline; color: #5869ff;">
<strong>
</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-bottom:10px;padding-top:10px">
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<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>
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<tr>
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<td>
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<h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
<span class="tinyMce-placeholder" style="word-break: break-word;">
What else we're Snackin'
</span>
</h1>
</td>
</tr>
</table>
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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">
The Switch 2 is officially the
<a style="text-decoration: underline; color: #5869ff;">
<strong>
fastest-selling
</strong>
</a>
video game console in
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Nintendo
</strong>
</a>
’s history
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Netflix
</strong>
</a>
’s Sarandos: Big Tech is trying to
<strong>
“
</strong>
<a style="text-decoration: underline; color: #5869ff;">
<strong>
run away with the television business
</strong>
</a>
<strong>
”
</strong>
</li>
<li aria-level="1" style="Margin:0 0 8px 0">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Novo Nordisk
</strong>
</a>
expects
<a style="text-decoration: underline; color: #5869ff;">
<strong>
sales will drop in 2026
</strong>
</a>
amid rising competition
</li>
<li style="Margin:0 0 8px 0">
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Google
</strong>
</a>
’s Waymo is now worth
<a style="text-decoration: underline; color: #5869ff;">
<strong>
$126 billion
</strong>
</a>
</li>
</ul>
</div>
</td>
</tr>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
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<td>
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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;padding-bottom:5px;padding-left:25px;padding-right:25px;padding-top:5px;vertical-align:top" width="100%">
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</tr>
</tbody>
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<span class="tinyMce-placeholder" style="word-break: break-word;">
Snack Fact of the Day
</span>
</h1>
</td>
</tr>
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<td class="pad" style="padding-bottom:10px;padding-left:40px;padding-right:40px;padding-top:10px">
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<p style="margin:0">
<a style="text-decoration: underline; color: #ffffff;">
<strong>
Disney named its next CEO, parks chief Josh D’Amaro.
</strong>
</a>
</p>
</div>
</td>
</tr>
</table>
</td>
</tr>
</tbody>
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</td>
</tr>
</tbody>
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<tbody>
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<td>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
<tbody>
<tr>
<td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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</div>
</td>
</tr>
</table>
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<h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
<span class="tinyMce-placeholder" style="word-break: break-word;">
WEDNESDAY
</span>
</h1>
</td>
</tr>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-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;color:#000;width:600px;margin:0 auto" width="600">
<tbody>
<tr>
<td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
<table border="0" cellpadding="0" cellspacing="0" class="list_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
<tr>
<td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:5px">
<div style="margin-left:-20px">
<ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
<li style="Margin:0 0 8px 0">
Earnings expected from
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Alphabet
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Eli Lilly
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
AbbVie
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Novartis
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Novo Nordisk
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Uber
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Snap
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Qualcomm
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
Arm Holdings
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
e.l.f. Beauty
</strong>
</a>
,
<a style="text-decoration: underline; color: #5869ff;">
<strong>
UBS
</strong>
</a>
, and
<a style="text-decoration: underline; color: #5869ff;">
<strong>
CME Group
</strong>
</a>
</li>
</ul>
</div>
</td>
</tr>
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</td>
</tr>
</tbody>
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</td>
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<tr>
<td>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
<tbody>
<tr>
<td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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