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   Daily Brew // Morning Brew // Update
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     Nvidia's earnings exceeded expectations...
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             November 20, 2025
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               Gouda morning.
              </strong>
              While everyone was worried about AI replacing actors, cheese swooped in and stole the leading role. UTA
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               signed
              </a>
              the Parmigiano Reggiano Consortium—the actual governing body of the iconic dairy product—promising to get the famous formaggio featured in more Hollywood projects. We can’t wait for
              <em>
               NCIS: Cheese
              </em>
              .
             </p>
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               —Dave Lozo, Molly Liebergall, Matty Merritt, Abby Rubenstein
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               MARKETS
              </h3>
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            <!-- Nasdaq -->
            <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">
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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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc0OTYyMX0:1vM2HI:Q1nt6prTNHXKXgAApKTz7vkYgMG2qIk91ZGcWxb5rR4" 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">
                  22,564.23
                 </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:#28d31a4d;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">
                     +0.59%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
            <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">
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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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1MTIyOH0:1vM2HI:anhNlFjdv2gvQrA9F4fHtJB_hOMw6Psc9DONHDcNEs4" 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">
                  6,642.16
                 </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:#28d31a4d;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">
                     +0.38%
                    </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">
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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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1MjkwN30:1vM2HI:3uzjolBDYegPfkz3IygRQ6keAvFdqQoZOtC9DZwAGUk" 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">
                  46,138.77
                 </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:#28d31a4d;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">
                     +0.10%
                    </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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1NDU3OH0:1vM2HI:fKfyXmqaOPOaZiV80f9a39-0RRBz4M-_Qx546xt3GcE" 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">
                  4.133%
                 </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:#28d31a4d;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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1NjMyNn0:1vM2HI:hTTwdHoYfcrXfD_BjVyFuoZ0Ha_9JbI_EIiBA2TfG4I" 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">
                  $90,390.06
                 </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">
                     -3.15%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Alphabet -->
            <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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1ODA2NH0:1vM2HI:wlFD636DLX8lWsj8zAJgKUBO40IO9_lNBRaq4Nvj59s" 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">
                  Alphabet
                 </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">
                  $292.81
                 </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:#28d31a4d;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">
                     +3.00%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Alphabet -->
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc1OTY0fQ:1vM2HI:dPLjwP-eSxocpyottK9LjRn2WTCIVv2yeo2oMvD38hk" 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>
                 Yesterday’s trading session was pretty much just the opening act, with Nvidia reporting its earnings after the bell as the main event (more on that below). But stocks did manage to shake off the gloom and
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  inch upward
                 </a>
                </span>
                <span>
                 , snapping the S&amp;P 500’s four-day losing streak. Alphabet was among the stocks to climb as investors applauded its new Gemini model.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
            </tr>
            <tr>
             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
             </td>
            </tr>
           </table>
          </th>
         </tr>
        </table>
        <!--[if !mso ]><! -- -->
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      <!-- <![endif]-->
      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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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">
            TECH
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Nvidia blows bubble fears and expectations away
                </a>
               </h1>
              </div>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Nvidia CEO Jensen Huang on stage at a conference" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-19%252Fimage-c8a5d0d5b580e79b24f757a6201024841c6a073c-4000x2668-jpg%252FGettyImages-2244307749.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDc2MTEzN30:1vM2HI:zl7SGKn_kfJ3-ZwncDYQc4nzLTvNRi6O3uSTJT-i4n8" 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>
                  Woohae Cho/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The world can stop worrying about an AI bubble, at least for now: AI chip-making linchpin Nvidia dropped a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  stellar earnings report
                 </a>
                 yesterday that has at least temporarily eased concerns that the economy is on the verge of collapsing like a New York Mets team in September.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Revenue for Q3 reached $57.01 billion, above analyst estimates of $54.92 billion.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Data center sales totaled $51.2 billion, exceeding predictions of $49.09 billion and indicating that the appetite for AI is still growing.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   CEO Jensen Huang said sales of the company’s next-generation Blackwell chips are “off the charts” and cloud GPUs are “sold out.”
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The company is expecting $65 billion in revenue for the current quarter, also outpacing the $61.66 billion that analysts expect.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The better-than-expected report sent Nvidia stock soaring 5% after hours. “The AI ecosystem is scaling fast—with more new foundation model makers, more AI startups, across more industries, and in more countries,” Huang said.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Much-needed good news:
                 </strong>
                 This comes after weeks of AI stock selloffs, including Peter Thiel’s hedge fund unloading its entire stake in Nvidia, and Michael Burry, the 2008 housing market implosion soothsayer, revealing he bought put options on Nvidia, betting the stock price was going to drop, and warning of an AI bubble.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Big Tech is in this together
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Since October 2022, the S&amp;P 500 has been propped up by the Magnificent Seven stocks, which account for 75% of the gains that have pushed the index to record highs. Meanwhile, fellow members of that club—Amazon, Alphabet, and Meta—account for more than 40% of Nvidia’s sales. Then there are the circular investments involving OpenAI, Nvidia, CoreWeave, AMD, Microsoft, and Oracle that include billions in equity stakes between them.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 This has led to fears that if the tech giants and small circle of AI companies doing most of the spending pull back on their AI infrastructure buildouts, it will create a disastrous chain reaction for the economy.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Zoom out:
                 </strong>
                 While trepidations about an AI bubble have been kicked down the road, fears about an economy on shaky footing could be stoked by this morning’s delayed jobs report for September.
                 <em>
                  —DL
                 </em>
                </p>
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                  The Fed is deeply divided, and it won’t have full October data.
                 </strong>
                 Central bankers cut interest rates last month, but they
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  were split
                 </a>
                 over whether to focus on the weak job market or inflation—and over whether more cuts will be necessary going forward, minutes from the Fed’s last meeting show. That leaves the outlook for whether they’ll opt for another cut in December murky. And Jerome Powell and co. won’t have all the data when making the decision: Yesterday, the Bureau of Labor Statistics said it
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  won’t publish
                 </a>
                 a full jobs report for October due to the government shutdown. Instead, it’ll include some information about the labor market in October with its November report, but it won’t have an unemployment tally, as the information “could not be collected.” It also delayed the November data drop until six days
                 <em>
                  after
                 </em>
                 the Fed’s December meeting.
                </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%252Flower-left-ballpoint-pen_1f58a.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc3MjF9:1vM2HI:TfMXlMUKU7QZlZV5qQSWCVnJ6BSDeDtQQsoY2_H_Qbw" style="max-width:18px" width="18"/>
                  President Trump signed the bill requiring the Epstein files’ release.
                 </strong>
                 The legislation
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  signed
                 </a>
                 by the president yesterday obliges the Department of Justice to release all files and communications related to the late sex offender Jeffrey Epstein, including information about the investigation into his death in prison, within 30 days. Trump could have released this information without Congress; however, he opposed the legislation, which divided his party. He abruptly pivoted over the weekend to say that Republicans should support it—after which the bill passed with near-unanimous bipartisan support. In announcing he had signed the bill, Trump characterized the issue as something Democrats used “to try and distract from our AMAZING Victories.”
                </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%252Fshopping-bags_1f6cd.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc3MzYxM30:1vM2HI:IqaK0yI4dJuQ7Mu17GdXcHtHokst6B3ixCv4Fgr5rlE" style="max-width:18px" width="18"/>
                  Target still not hitting the bull’s-eye.
                 </strong>
                 The big-box chain’s struggles
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  continued
                 </a>
                 last quarter, with Target reporting yesterday that sales continued to slump, marking the 12th quarter in a row with weak or declining sales. The company’s stock is down nearly 35% for the year. But incoming CEO Michael Fiddelke plans to boost investment next year to $5 billion to improve stores, digital offerings, and merchandise in hopes of turning things around. “If you’re frustrated with our recent performance, we are too,” Fiddelke told analysts.
                 <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">
            CULTURE
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Sold: world’s most expensive modern artwork
                </a>
               </h1>
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               <img alt='Art handler stands in front of "Portrait of Elisabeth Lederer," by Gustav Klimt' src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-19%252Fimage-7c34e5e04a938fc3ed3f388141eea12e54daaec4-4300x2867-jpg%252FGettyImages-2245543576.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDc3NTI1MX0:1vM2HI:I5QHbhoOKM1t8bBrVgqizT_bau0SqgjUuLEZsV8vjl8" style="width:100%;max-width:670px;display:block" width="670"/>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Alexi Rosenfeld/Getty Images
                 </em>
                </small>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Put on your monocle and pour up the Macallan—the art market is so back. Following three years of slowing action at auctions, Sotheby’s banged the gavel this week on a record-setting
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  painting
                 </a>
                 that signaled a possible reinvigoration in the collector world.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 After a 19-minute bidding war, Gustav Klimt’s 1914–1916 “Portrait of Elisabeth Lederer” sold for $236.4 million to an anonymous buyer, making it:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The most expensive work ever sold at Sotheby’s.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The most expensive 20th-century artwork ever auctioned, knocking Andy Warhol’s Marilyn Monroe portrait to second place.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The second-most expensive art sold at any auction, with the top spot belonging to Leonardo da Vinci’s “Salvator Mundi,” which sold for $450 million at Christie’s in 2017.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  A piece of history:
                 </strong>
                 The Lederers were one of the wealthiest dynasties in Vienna before Nazi Germany invaded Austria. The Nazis looted the Jewish family’s art, except for the family portraits. To avoid persecution, Elisabeth convinced the Nazis that she descended from Klimt, who was not Jewish.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  In today’s art market:
                 </strong>
                 Sotheby’s and Christie’s each auctioned off more than $700 million worth of art this week. After dialing back their splurges, in part due to geopolitical unrest and tariff fears, collectors are
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  out to play
                 </a>
                 once again, per the Wall Street Journal.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With RAD Intel
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               Timing isn’t everything, but it sure helps a lot.
              </strong>
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               This AI startup
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              has more than 10k investors, support from Adobe and Fidelity Ventures, and a 4,900% valuation increase in four years.* The company is heading into 2026 with 2x sales growth and recurring seven-figure partnerships as demand accelerates. A scheduled share-price change occurs on Nov. 20.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Lock in $0.81 shares today
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              .
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            FOOD &amp; BEV
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                 Who’s got the cheapest bird of them all?
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                 <em>
                  Niv Bavarsky
                 </em>
                </small>
               </span>
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                 Grocery chains have a hot new trick to win your loyalty: slashing turkey prices. Despite inflation ripping through every grocery aisle like a group of unsupervised teens with a motorized scooter cart, retailers
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  are offering
                 </a>
                 huge savings on Thanksgiving Day meal deals.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  It’s mainly marketing.
                 </strong>
                 The cost of shopping cart staples has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  risen
                 </a>
                 nearly 29% since before the pandemic. But big grocery stores hope a brief holiday inflation break will earn faithful shoppers—and some are eating the cost to make it happen. While the wholesale price of a frozen turkey clocks in at $1.73 per pound right now, it’s retailing at places like Walmart for $0.97 per pound:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Aldi
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    announced
                   </a>
                  </span>
                  <span>
                   a $40 bundle that includes a 14-pound turkey and traditional fixings to feed 10 people, a $7 drop from what it offered last year.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Walmart, which bundled its first holiday dinner four years ago, is keeping its deal at the same price as last year—around $4 per person for a table of 10—but has removed some items from its 2024 meal.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Big picture:
                 </strong>
                 The American Farm Bureau Federation
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  priced
                 </a>
                 the classic dinner at $55.18 for a party of 10 this year (based on wholesale prices, not retail bundles). That’s about $5.52 a person, which is down 5% from last year, but still about 13% higher than it was in 2019.—
                 <em>
                  MM
                 </em>
                </p>
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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: A World Cup record
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Curacao players and fans celebrate its World Cup qualification" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-19%252Fimage-6e08e7349e2a6df1a5efd2949a20d6034fb2596a-1024x681-jpg%252FGettyImages-2246838028.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDc4OTAzMn0:1vM2HI:R5iXWHQByZGXuBKe9tA496c4s9gkeHmpM7JI1JndMak" 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>
                  RICARDO MAKYN/AFP via Getty Images
                 </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">
                 When Curaçao’s soccer team
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  qualified
                 </a>
                 for the 2026 World Cup after achieving a 0–0 draw with Jamaica this week, it not only fulfilled a gooooooooal for the team, it also made history. With a population of ~156,000, the Caribbean island is now the smallest nation to ever make it into the competition, taking the crown from Iceland (population: 350,000), which qualified in 2018.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Curaçao became an autonomous country within the Netherlands in 2010, and its squad recruited from its diaspora, bringing on players who had previously played for the Netherlands as youths.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The odds were also more in the country’s favor than usual, as the 2026 cup will feature 48 teams, instead of the typical 32.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 And it’s not the only nation making its World Cup debut: Fellow first-timers Cape Verde, Uzbekistan, and Jordan will also play. Haiti qualified for its
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  second time
                 </a>
                 (its first was in 1974). Meanwhile, eight of the 10 most populous nations
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  did not
                 </a>
                 qualify for this year’s cup, according to The Athletic.
                 <em>
                  —AR
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
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           <h3 style="color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            Together With CNBC Pro
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           <img alt="CNBC Pro" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-12%252Fimage-aad3e38589f0ce9375511d41ae0b912c56e66aa0-1000x750-jpg%252FCNBCProImage.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDc5MTczOH0:1vM2HI:nOX54J0a55D5vIPDykggvzs7Pu2B_8fhmXemDxI5pz0" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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               Jingle bulls, silent bears.
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              , they unwrap signals, skip noise, and spot setups early. ’Tis the season to out-research everyone, especially your in-laws.
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              .
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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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                 What else is brewing
                </a>
               </h1>
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                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The US trade deficit
                   </a>
                  </span>
                  <span>
                   fell 24% in August as President Trump’s tariffs took effect.
                  </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">
                    Former Treasury Secretary Larry Summers
                   </a>
                  </span>
                  <span>
                   stepped down from his position on OpenAI’s board following scrutiny of his ties to Jeffrey Epstein, as emails between the two were recently released publicly. He is also taking a break from teaching at Harvard.
                  </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 Justice Department
                   </a>
                  </span>
                  <span>
                   admitted in court that not every member of the grand jury saw the final version of its indictment against former FBI Director James Comey—which could prompt the judge to dismiss it.
                  </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 Trump administration
                   </a>
                  </span>
                  <span>
                   will provide a $1 billion loan to Constellation Energy to help it restart the Three Mile Island nuclear plant.
                  </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">
                    ESPN and Major League Baseball
                   </a>
                  </span>
                  <span>
                   have reached a new three-year media rights deal, which includes out-of-market streaming rights and allows NBC and Netflix to air games.
                  </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">
                    Adobe
                   </a>
                  </span>
                  <span>
                   will acquire AI software developer Semrush for $1.9 billion as it looks to boost its AI offerings.
                  </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">
                    Joe Rogan
                   </a>
                  </span>
                  <span>
                   has regained the top spot on Apple’s most popular podcasts list.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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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>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Recs" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDc5MzEwN30:1vM2HI:OLpfIRV3PRHGbcr6DnA4cmADt0iTnPo17r0aMl9fHn4" 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%">
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               <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5NDMwNn0:1vM2HI:abEW4q6wPEIPSrIobnkfuBuaCmP-BbHeDhP4YPtwrpA" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Gift:
                  </strong>
                  Check out all of our
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Brew gift guides
                  </a>
                  .
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5NTY4OX0:1vM2HI:-A7sxp-4rEUVECDLUJTJyls8YCmUGbYYkXwz_QnjLY0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Behold:
                  </strong>
                  National Geographic’s
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   photos of the year
                  </a>
                  .
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5NjY2Nn0:1vM2HI:SXu14ldEob2MuJRVEebSktGfuqCfbiaDBWQJp_qtOlI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Trace the lineage:
                  </strong>
                  A ranking of which TV shows’ writers went on to
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   create the most hits
                  </a>
                  .
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5NzU5fQ:1vM2HI:CdRvOVorLX2TxP3Gja4aTe19sqYiWV_9KWSXIeLd8lE" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   best books of 2025
                  </a>
                  , according to Amazon and Barnes &amp; Noble.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5ODUxfQ:1vM2HI:gbpicHMxl66D89l_fvh1nX0D8DB9dk11depkvuc9DtI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Connect to the ultimate ski trip:
                  </strong>
                  Experience a snowy getaway with
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   AT&amp;T’s ski sweepstakes
                  </a>
                  . Win a thrilling trip to Big Sky, Montana, including 12 months of AT&amp;T Connected Car In-car WiFi, a $1,000 gas card, and a $2,000 bank card.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Secure your entry
                  </a>
                  .*
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjM2MzU5NjAuMDc5OTQxN30:1vM2HI:xYVOmrHIxoqqVh27z3GAPRzi2_jfJlBZHmEKVbciM64" style="max-width:18px" width="18"/>
                   Gifting champ:
                  </strong>
                  We teamed up with Affirm to bring you a gift guide that takes financial flexibility into account. Scroll through each section for
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   financially savvy approaches
                  </a>
                  to gifting for common giftees, and find a batch of snazzy
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   product recommendations from top brands
                  </a>
                  .*
                 </p>
                 <placementslot data-id="36d253c72347">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor.
                   </em>
                  </sup>
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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">
            PLAY
           </h3>
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               <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjM2MzU5NjAuMDgwMDQ0fQ:1vM2HI:-zbIMdbi7aZurRu8DZGFVFzUMt1VcA9j9bSTwpKpKFA" 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>
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                </small>
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             </div>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Jigsaw:
                 </strong>
                 Say cheese! This puzzle takes you to the floor of last weekend’s World Cheese Awards, where Gruyère reigned supreme.
                 <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 a crowd-pleasing tofurkey. Can you spot the odd one out?
                </p>
                <ol>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Canceling plans
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    releases
                   </a>
                  </span>
                  <span>
                   the same amount of endorphins as getting a massage
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   On a clipped wing, flamingo
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    escapes
                   </a>
                  </span>
                  <span>
                   a British zoo for a life in France
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Chess boxers
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    fight
                   </a>
                  </span>
                  <span>
                   to win by hook or by rook
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Man who took Hamilton bus on
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    joy ride
                   </a>
                  </span>
                  <span>
                   ‘did a great job’ driving, left no dings, say police
                  </span>
                 </li>
                </ol>
               </td>
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                 We made up the one about canceling plans.
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                  Word of the Day
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                 Today’s Word of the Day is: soothsayer, meaning “a person who predicts the future.” Thanks to Katie from Tampa, FL, for anticipating our need for a suggestion. Submit another Word of the Day
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
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               ✳︎ A Note From RAD Intel
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             <span style="font-size:10px">
              <p style="margin-top:0;margin-bottom:15px;line-height:22px">
               This is a paid advertisement for RAD Intel made pursuant to its Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company and there is currently no public market for the Company’s Common Stock. Investor references reflect factual individual or institutional participation and do not imply endorsement or sponsorship by the referenced companies. Please read the offering circular and related risks at
               <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
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               </a>
               .
              </p>
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               ✤ A Note From Affirm
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               Payment options through Affirm are subject to an eligibility check and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Financing Law license. For licenses and disclosures, see affirm.com/licenses.
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