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   Daily Brew // Morning Brew // Update
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     Anthropic wants to save its $200m defense contract...
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             February 24, 2026
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              Presented By
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               Good day.
              </strong>
              The State of the Union address is tonight, and if you want to spice things up, you could make a friendly wager on how long President Trump’s speech will last—like you’d do for the national anthem at the Super Bowl.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              For reference, Trump’s address to a joint session of Congress last March ran 1 hour and 39 minutes, longer than the longest SOTU on record at the time—Bill Clinton’s 2000 speech, which lasted nearly 1 hour and 29 minutes.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              No matter how long it is, your family will still spend three times as long trying to talk about it with you tomorrow.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              —
              <em>
               Sam Klebanov, Molly Liebergall, Dave Lozo, Holly Van Leuven, Neal Freyman
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               MARKETS
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                 <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY1OTM0NH0:1vupZp:14-_Yi3oEpZEHGba0WYtJg67ycIY6kDnQQ4v9LvsRpI" style="width:22%" width="20"/>
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                  Nasdaq
                 </p>
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                <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">
                  22,627.27
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                    <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">
                     -1.13%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                 <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2MDc4fQ:1vupZp:nc72HMzKfSkfQe-5SCCOSkwu0c9FFAY0umJn_B8wk4s" style="width:22%" width="20"/>
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                <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">
                  6,837.75
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -1.04%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                 <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2MjIzfQ:1vupZp:sCwxVKc6zzw1e28nYULj3VnHPId7_f4aj9sezW_I5nw" 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">
                  48,804.06
                 </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">
                     -1.66%
                    </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%">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2MzI2OX0:1vupZp:8aksmVTZ-hiFqdV9OqYykO-HqVRmmjPf_mBCVTACDVI" 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">
                  4.029%
                 </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">
                     -6.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2NDI5NH0:1vupZp:bPRxrSbnMtEfISLAAziPz1vtLw5-HwPhHbpRz44MlmQ" 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">
                  $64,880.97
                 </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">
                     -3.93%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- IBM -->
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2NTM0fQ:1vupZp:N3p3Rchyo4RmjcasYsx9IQ1DlniT5Zc86NaMaDSXxtk" 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">
                  IBM
                 </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">
                  $223.35
                 </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">
                     -13.15%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END IBM -->
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY2NjQ3fQ:1vupZp:9QogQCHLXgmZuC3T9YcDzjlUc38pdBEWpYYszfk_OpU" 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>
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            <!-- END REGULAR TEXT -->
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                  Markets:
                 </strong>
                </span>
                <span>
                 The three major indexes all
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  closed in the red
                 </a>
                </span>
                <span>
                 yesterday, as hopes for a straightforward resolution following the Supreme Court’s action on tariffs last week faded. With President Trump’s implementation of a new 15% global baseline tariff, the EU rejecting any new duties, and companies lawyering up for a refund fight, the party for stocks devolved into the Spider-Man pointing meme.
                </span>
               </li>
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                <strong style="color:#1c7ff2;font-size:16px">
                 Markets Sponsored by The Crew
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                Want daily analysis of the investing landscape?
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                is our newsletter designed to help you make sense of market moves.
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                .
               </p>
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            GOVERNMENT
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                 Pentagon and Anthropic chiefs to meet amid beef
                </a>
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                 The most anxiously anticipated conversation since your boss pinged you with a “hey can we chat?” is happening today: Anthropic CEO Dario Amodei will meet with Defense Secretary Pete Hegseth to try to save the company’s $200 million Pentagon contract.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Heart of the matter:
                 </strong>
                 Amodei and Hegseth have serious
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  disagreements
                 </a>
                 over what the military should be allowed to do with Anthropic tech, specifically, its Claude large language model.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Claudus belli
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Anthropic’s Claude is the only AI model the military uses for work with classified information. The military even used Claude in the capture of Venezuelan President Nicolás Maduro last month.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Anthropic insists the Pentagon shouldn’t have free rein to weaponize its product:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The company says Claude should remain off limits for surveillance against Americans and for weapons deployed without human intervention.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Pentagon leaders claim contractors shouldn’t breathe down their necks with national-defense-inhibiting limitations, and the military should be bound only by the law in how it uses AI tools.
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Existential stakes
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The dispute led Hegseth to reportedly consider the defense industry’s version of the nuclear option: labeling Anthropic as a “supply chain risk.” That would require all Pentagon contractors to avoid using Anthropic’s tools, potentially decimating vast swaths of its enterprise business.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Meanwhile, several of Anthropic’s competitors want to replace it within the Pentagon. Alphabet, OpenAI, and xAI have all agreed to remove restrictions on how the military can use their AI tools as they seek contracts to work with classified data.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 It’s not the only point of contention
                 <strong style="color:#000">
                 </strong>
                 between Anthropic and the Trump administration. Last fall, the White House AI czar, David Sacks, derided the company for its advocacy of AI regulations, claiming they would stunt innovation.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 Anthropic said it’s been having “productive conversations” with the DOD, while a Pentagon official told Axios the Hegseth–Amodei talk will be a “shit-or-get-off-the-pot meeting.”
                 <em>
                  —SK
                 </em>
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                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fsnowflake_2744.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY3NDIyfQ:1vupZp:MAfceZ4Miq6UKt2YqdZzUcCdrgz6SAO6C33H010EJVc" style="max-width:18px" width="18"/>
                  Over 40 million people weathered the storm.
                 </strong>
                 Parts of New York City got 19 inches of snow, according to Mayor Zohran Mamdani, and officials said it might rank among the city’s
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  10 worst snowstorms
                 </a>
                 in the last 150 years. It was indubitably the worst storm Providence, RI, has seen—Rhode Island’s capital received 32.8 inches of snow as of 1pm yesterday, breaking a record for the greatest single snowstorm there set in 1978. Boston and Philadelphia also got walloped. US airports experienced over 20,000 delays and over 6,000 cancellations yesterday, according to FlightAware, mostly from the greater NYC area, Boston, Philly, and Washington, DC.
                </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%252Fflag-for-mexico_1f1f2-1f1fd.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY3NTE3OH0:1vupZp:YhK8xySakPGk5JI-HVke2PxAyD3-YPYzWO0lYHFAEzI" style="max-width:18px" width="18"/>
                  More details of the killing of drug kingpin “El Mencho” emerged.
                 </strong>
                 Mexican Defense Secretary Ricardo Trevilla Trejo revealed that Mexican forces were able to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  locate the drug boss
                 </a>
                 , whose real name was Nemesio Oseguera Cervantes, by tracking the movement of one of Oseguera’s lovers and a person from her circle. Trejo said that eight members of the Jalisco New Generation Cartel were also killed in the raid. Yesterday, the US State Department advised American tourists to continue to shelter in place, although one told CNN that the town seemed to be getting back to “normal,” with restaurants reopening and flights back to the States resuming.
                </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%252Fhouse-with-garden_1f3e1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY3NjEwN30:1vupZp:L-A2ELvQ-fTIc85dQMSdVF3dU9owuZcH--3G21aPOqg" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Mortgage rates fell below 6% yesterday, the lowest since 2022.
                 </strong>
                 Mortgage Daily News reported that the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  30-year fixed mortgage rate
                 </a>
                 was 5.99% on Monday, down from 6.89% a year earlier. While mortgage rates got lower into the 5% range last month, that did not even last a full day, while experts believe the current level is more durable. Experts believe this will lead to a cascade of mortgage refinancing. The Mortgage Bankers Association reported that applications to refinance home loans are up 130% compared to February 2025.—
                 <em>
                  HVL
                 </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">
            HEALTH
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Novo Nordisk eats Eli Lilly’s dust again
                </a>
               </h1>
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                  Morning Brew Design | Source: Adobe Stock
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The maker of Ozempic and Wegovy keeps slipping on banana peels when it tries to regain its position in GLP-1s. Yesterday, Novo Nordisk announced that a new weight loss shot it hoped would rival Eli Lilly’s injectable actually underperformed in a head-to-head trial, tanking Novo’s stock.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Shares of the Danish drugmaker fell 16% on the news that Novo’s CagriSema delivered 20.2% weight loss in 84 weeks, compared with 23.6% for Lilly’s tirzepatide, aka Zepbound. The airball comes as Novo scrambles to regain a majority share of the GLP-1 market, which it lost to Lilly in recent months.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  “This outcome is the worst-case scenario,”
                 </strong>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 Michael Shah, a Bloomberg Intelligence analyst. The disappointment follows a management shakeup, a failed semaglutide
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Alzheimer’s trial
                 </a>
                 , and a failed
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  acquisition
                 </a>
                 of a promising biotech company. Novo’s GLP-1 patents are also set to expire sooner than Lilly’s, which is another reason it was counting on CagriSema to succeed.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  To make matters worse for Novo
                 </strong>
                 , Lilly’s stock climbed a few points yesterday after it
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  launched
                 </a>
                 a new version of its Zepbound injectable, which holds a month’s worth of shots—up from one week for its current devices.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  How the mighty have fallen:
                 </strong>
                 Novo has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  lost
                 </a>
                 ~$475 billion in value since 2024, when it was worth $650+ billion. Its stock price now verges on pre-Wegovy times.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Hear.com
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           <img alt="Hear.com" 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%252F2026-02-20%252Fimage-9157a78e083e92f590cbd59a17b928ec26420954-1992x1492-png%252FScreenshot2026-02-20at10.01.54AM.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY4MTMzNn0:1vupZp:EVqeb3oPPzbt6QU5Gzsk43QGwNQ74y7uSPN5T1CtaYQ" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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              Horizon IX hearing aids from hear.com pack two German-engineered AI smart chips into a nearly invisible design—delivering
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               speech clarity
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              so sharp that conversations stop requiring effort. No more missing words, no more asking people to repeat themselves. Trusted by 540,000+ customers.
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               Start your 45-day no-risk trial
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              .
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            TECH
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Gen Z is putting down phones and picking up...iPods
                </a>
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               <img alt="An illustration of an iPod on a beach being reached for by a hand" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-6d411e2888d871c92ca898d298e242a86e0c3d05-1500x1000-jpg%252FMBD_02232026_ipod_01.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY4MzIyN30:1vupZp:IklHvO1YCbP_Hmgyx-rNXkmLhUjhvhjI4mkBVVhJOOI" 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>
                  Niv Bavarsky
                 </em>
                </small>
               </span>
              </p>
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                 You bolt awake in an Abercrombie &amp; Fitch. You are not online. It’s 2008, and you are listening to Natasha Bedingfield’s “Pocketful of Sunshine” on your iPod while shopping for graphic tees. You are the general of your own life—and you have changed your mind. The future cannot pass.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 That’s the sentiment of Gen Z, which is increasingly finding
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  enjoyment and peace
                 </a>
                 in iPods. Discontinued in 2022, the Apple music device is making a comeback with younger generations who are craving a break from the distraction of internet-based phone apps with a product from a time that felt more hopeful:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Searches for the iPod and iPod Nano
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    jumped
                   </a>
                  </span>
                  <span>
                   in 2025, per Google Trends.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   According to Axios, searches for the Classic and Nano were up 25% and 20%, respectively, between January and October of last year compared to the same time in 2024.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Since 2022, total sales of refurbished iPods are up an average of 15.6% per year, according to Back Market.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The iPod as cheat code:
                 </strong>
                 With many schools banning internet-connected devices, students see iPods as a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  workaround
                 </a>
                 that allows them to listen to a song they discovered on TikTok during lunch.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Dissed connections:
                 </strong>
                 Downloads of Brick, a popular app among Gen Z that blocks smartphone apps and has nothing to do with the Ben Folds Five song, were up ~600% in January compared to a year ago.
                 <em>
                  —DL
                 </em>
                </p>
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                   </a>
                  </td>
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                <!-- END SOCIAL LINKS -->
               </td>
              </tr>
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            </td>
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          </table>
         </td>
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       <!--[if !mso ]><! -- -->
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      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
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      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            STAT
           </h3>
          </div>
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           <tr>
            <td class="story-content">
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Prime number: 10% attendance drop at AMC
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Empty seats at AMC movie theatre" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-e413038f0698d4b7eb5d9785322e12245d84063e-6000x4000-jpg%252FGettyImages-1212547469.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY4NzV9:1vupZp:qJfAPZgIpgv03Lco-gC6lgdXbm01K6vDSFFvYlaeYDk" 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>
                  Jason Kempin/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">
                 AMC moviegoers last year didn’t have to settle for seats in the first row as often as they did the year before. Yesterday, the company reported mixed results for Q4: It shrunk its losses, but theater attendance was
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  down 10% for the year
                 </a>
                 .
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The problem isn’t just domestic: In fact, US attendance fell just 7.5% compared to international markets, which experienced a 15% drop, according to the report. But AMC isn’t raising alarm bells. It has been investing in premium screen experiences and tricking out its auditorium equipment for cinephiles, like Imax and Dolby Cinema screens, and even laser projection. And it believes 2026’s box office lineup will put all that gear to work and drive ticket sales higher.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 With flicks like Christopher Nolan’s
                 <em>
                  The Odyssey
                 </em>
                 due out, a lot of folks probably
                 <em>
                  will
                 </em>
                 get excited to see
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Matt Damon’s anachronistic helmet
                 </a>
                 rendered in exquisite detail. Even if some of us wish Ralph Fiennes were wearing it.—
                 <em>
                  HVL
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
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       </table>
       <!--[if !mso ]><! -- -->
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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 Miso Robotics
           </h3>
          </div>
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           <img alt="Miso Robotics" 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%252F2026-02-23%252Fimage-be9b86cb073d84bb3bdbdba68d0b7fa2119869e8-1000x750-png%252Fbe9b86cb073d84bb3bdbdba68d0b7fa2119869e8-1000x750.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY4ODY0OH0:1vupZp:cwcd12VjCGTeI3hxJJ61rl4ZgkJEHhNThiw3OP73Qkc" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               “AI is going to fundamentally change…everything!”
              </strong>
              That’s what NVIDIA’s CEO said, calling AI “the largest infrastructure buildout in history.” NVIDIA’s chips made it happen. Now,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               they’re collaborating with Miso Robotics
              </a>
              on “physical AI.” Miso’s restaurant-kitchen AI robot, Flippy, has logged 200k+ hours for brands like White Castle. With NVIDIA now helping to unlock up to 35% faster performance on Flippy, Miso’s scaling across a $4b/year opportunity.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Invest in Miso today for up to 7% bonus shares
              </a>
              .
             </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">
            NEWS
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
              </div>
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                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The Pentagon
                   </a>
                  </span>
                  <span>
                   has raised concerns to President Trump about an extended military campaign in Iran, the Wall Street Journal reported.
                  </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 acting chief
                   </a>
                  </span>
                  <span>
                   of the Bureau of Labor Statistics rebutted the idea that any jobs-creation data put out by the agency had been falsified.
                  </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">
                    Nick Reiner
                   </a>
                  </span>
                  <span>
                   —son of the director Rob Reiner and photographer Michele Singer Reiner—entered a not guilty plea to murder yesterday in the killing of his parents.
                  </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 Tourette syndrome advocate
                   </a>
                  </span>
                  <span>
                   who shouted a racial slur as Michael B. Jordan and Delroy Lindo took the stage during Sunday’s BAFTAs issued an apology yesterday, saying it was “not a reflection of my personal beliefs.”
                  </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">
                    Peter Attia
                   </a>
                  </span>
                  <span>
                   , the longevity influencer and CBS News contributor, left the network after his correspondence with the late sex offender Jeffrey Epstein came to light last month.
                  </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">
                    FedEx
                   </a>
                  </span>
                  <span>
                   filed a lawsuit with the US Court of International Trade seeking a “full refund” for Trump’s emergency tariffs, seemingly the first large US company to do so following the Supreme Court’s decision.
                  </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">
                    Jeff and Lauren Sánchez Bezos
                   </a>
                  </span>
                  <span>
                   were named the honorary co-chairs of the 2026 Met Gala. The theme this year is “fashion is art.”
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
      </div>
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      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
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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%">
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            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <img alt="To-Do List" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-24%252Fimage-ff42f96869558a4ad4ab4f10936a3830dbf1d044-1350x330-png%252FMB_newsletter_banner_new.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY4OTc2Nn0:1vupZp:AdZEIILzXF-S0J-MJwwhic2tHmjY6Bp6TVgfWKDREgs" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5MDc0fQ:1vupZp:C2TfWRcnD0I1ZYrBZ1fajaRZ-MF15FDByX1eRnzuxyg" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Trudge:
                  </strong>
                  Finish winter in style with these
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   slip-on mules
                  </a>
                  that feel like sleeping bags for your feet.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5MTcyMX0:1vupZp:nB6yf8bW8E8GYXtB4IK8BT4yPzKNpWFRNxo8XFofKbU" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Think:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   The Federal Reserve
                  </a>
                  says prediction markets are a good tool for policymakers.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5MjY4NX0:1vupZp:eeLObrS7XLGLzEwz7n9TcpyAi49t8NwxgU1PjYzynvM" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Job hunt:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Reese Witherspoon’s career advice
                  </a>
                  is don’t follow your dreams.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5MzY0OH0:1vupZp:VNJ2ulfJHBotqcCxbZhjRS3ksDGU8AVlUnSreG4XaQc" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Send:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   This free file-sharing tool
                  </a>
                  lets you transfer files between devices without the internet.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5NDYyfQ:1vupZp:01vigTtZfJ9I3mh6gO9uCx-NVN4FY3qIcW3cLekU3Ns" style="max-width:18px" width="18"/>
                   Experts revisit ancient practice:
                  </strong>
                  For
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   health benefits
                  </a>
                  like improved strength, posture, balance—even sustainable weight loss? Get your free Tai Chi Walking plan from Simple when you subscribe.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Take this quiz
                  </a>
                  .*
                 </p>
                 <placementslot data-id="f374c58f1c41">
                 </placementslot>
                 <placementslot data-id="26dddf3138ba">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
                 </p>
                </div>
               </td>
              </tr>
             </table>
            </td>
           </tr>
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       <!--[if !mso ]><! -- -->
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      <!-- STORY ARTICLE -->
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       <!-- <![endif]-->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
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           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE5Mjg2MTcuNTY5NTc4Nn0:1vupZp:KAIwXKfra1Gply0jwZKgSk7hKdekGoEqiNOEgBjDn0U" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
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              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Mini:
                 </strong>
                 Today’s puzzle is called “Colorful characters,” and you won’t believe why.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Play the Mini here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Presidential succession trivia
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Ahead of the State of the Union tonight, here’s a trivia question about presidential succession. In the current order of succession, who is in line to become president following the VP, House speaker, and president pro tempore of the Senate?
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <em>
                  Hint: He’s a Cabinet member.
                 </em>
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            SHARE THE BREW
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                 Share the Brew, watch your referral count climb, and unlock brag-worthy swag.
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                 Your friends get smarter. You get rewarded. Win-win.
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                 <b>
                  Your referral count:
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                 Click to Share
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                 Or copy &amp; paste your referral link to others:
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            ANSWER
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                 The secretary of state (currently, Marco Rubio)
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <span style="text-decoration:underline">
                  Word of the Day
                 </span>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: cinephiles, meaning “film enthusiasts.” Thanks to Sydney from Greenville, SC, for the auteur-level suggestion. Submit another Word of the Day
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               ✳︎ A Note From Miso Robotics
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               This is a paid advertisement for Miso Robotics’ Regulation A offering. Please read the offering circular at
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                invest.misorobotics.com
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