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   AI is giving life to a resurrection economy
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                      Presented by
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                      Hey Snackers,
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                     <p style="margin:0;margin-bottom:16px">
                      What are the most popular baby names? New data from the Social Security Administration found that Olivia and Liam were
                      <em>
                       again
                      </em>
                      the
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        top picks for baby girls and boys
                       </strong>
                      </a>
                      — marking the seventh straight year that Olivia’s been No. 1 for girls, and the ninth where Liam has been the top pick for American boys. We
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        charted
                       </strong>
                      </a>
                      how the most popular baby names have changed over time.
                     </p>
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                      The S&amp;P 500 and Nasdaq 100 notched new record closing highs, while the Russell 2000 also rose on Wednesday. The rally was powered by gains in the information technology sector, with
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        all but one of the Magnificent 7 gaining
                       </strong>
                      </a>
                      .
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                        FOLLOW THE MONEY
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                      Democratizing financial information for all
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                        DEAD RINGERS
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                      AI is giving life to a resurrection economy
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                      As AI tools become more sophisticated, they’re increasingly being used to imitate the
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                       <strong>
                        voices of the dead
                       </strong>
                      </a>
                      , with and without permission. It can be big business. According to an industry source with knowledge of deals between estates and AI companies that reproduce voices, they are typically paid out to estates in cash ranging between five and seven figures.
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                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Take Val Kilmer, who died in 2025: he’ll appear via AI in the upcoming historical drama “As Deep as the Grave.” Kilmer’s AI-generated likeness (he signed on to the film years ago but never made it onto set) will reportedly be in more than an hour of the finished film, with his estate’s permission.
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Or James Earl Jones — the iconic voice behind Darth Vader — who reached an agreement before his death with
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                        <strong>
                         Disney
                        </strong>
                       </a>
                       ’s Lucasfilm to
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                        <strong>
                         recreate his voice using AI
                        </strong>
                       </a>
                       for future “Star Wars” projects. But he may not have agreed to his Vader-voiced “Fortnite” character, if he knew users would make the Sith Lord say
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         “skibidi toilet” and various curse words
                        </strong>
                       </a>
                       .
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Meanwhile,
                       <strong>
                        ElevenLabs
                       </strong>
                       lets users have text, PDFs, links, and audiobooks read aloud by departed stars such as Judy Garland, Burt Reynolds, John Wayne, Albert Einstein, and more (all with permission), and enough people are ponying up the $11-a-month fee that it’s sent the
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         company’s valuation soaring
                        </strong>
                       </a>
                       .
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       But AI is far from a pure boon for estates. CMG Worldwide, a legacy management firm with a client list including Jim Henson, Andre the Giant, and James Dean, refers to AI as an “unprecedented threat.”
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       And Zelda Williams, film director and daughter of Robin Williams, urged fans in a story on Instagram to stop sending her AI-generated videos of her father. “I concur concerning my father,” Bernice King, daughter of Martin Luther King Jr., wrote, adding, and we couldn’t agree more, “Please stop.”
                      </li>
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                      THE TAKEAWAY
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                      Imitating the dead for financial gain is nothing new, but what’s clear is that AI is making it easier — and harder to discern from the real thing than, say, a person in an Elvis jumpsuit singing in a casino.
                     </p>
                     <p style="margin:0">
                      Meanwhile, the public’s view on this use of AI leans heavily negative, with one survey finding that 51% of respondents said replicating the voice of a deceased actor or celebrity was “not acceptable.” Still, the number of AI deals that involve “bringing back” dead celebrities continues to grow every day, as do
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                        the profits
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                      .
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                      , helping traders and firms better understand how liquidity behaves throughout the trading day and beyond traditional hours.
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                       <strong>
                        PRE-MEME-IUM
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                     <strong>
                      The real problems with using GameStop shares to try to purchase eBay
                     </strong>
                    </h1>
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                    <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                     <p style="margin:0;margin-bottom:16px">
                      GameStop’s (
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        rebuffed
                       </strong>
                      </a>
                      ) bid to purchase eBay is famously half cash, half stock.
                     </p>
                     <p style="margin:0;margin-bottom:16px">
                      So, in order to try to evaluate whether
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        eBay
                       </strong>
                      </a>
                      shareholders might like this deal or not, it helps to have some thoughts about what gives
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        GameStop
                       </strong>
                      </a>
                      <strong>
                      </strong>
                      shares their value.
                     </p>
                     <p style="margin:0">
                      The three things that Sherwood News’ Luke Kawa believes help explain why the video game and collectibles retailer’s shares trade where they do (to varying degrees) are:
                     </p>
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                     <ol start="1" style="margin-top:0;margin-bottom:0;list-style-type:decimal">
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       GameStop enjoys a “
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         meme premium
                        </strong>
                       </a>
                       ,”
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       GameStop deserves a higher valuation in 2026 versus 2019 because it’s been a better-run company under CEO Ryan Cohen, and
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       GameStop bulls expect Cohen to do something transformative with the cash at his disposal.
                      </li>
                     </ol>
                    </div>
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                    <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                     <p style="margin:0;margin-bottom:16px">
                      GameStop went from perceived obsolescence to a market cap of $24 billion in a few months based on retail enthusiasm and a short squeeze. Shares mooned again when the messiah of the movement, Keith Gill, returned to the scene in 2024. The willingness of retail traders to support the company has produced eye-popping short-term upside in two instances, during which management raised more than
                      <strong>
                       $5 billion
                      </strong>
                      in cash. That’s right-tail risk up, left-tail risk down — an “earned” meme premium, one could say.
                     </p>
                     <p style="margin:0;margin-bottom:16px">
                      Cohen’s operational tactics have tamped down on left-tail risk. The retailer generates free cash flow under his leadership more consistently than it ever has. Cohen’s continuing to close locations that don’t offer enough bang for the buck, while selling, general, and
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        administrative expenses are down materially
                       </strong>
                      </a>
                      .
                     </p>
                     <p style="margin:0;margin-bottom:16px">
                      But even if you buy reason No. 2 and are all in on “Captain Cohen,” as Bloomberg’s Matt Levine put it (and Kawa largely agrees!), “GameStop is really offering eBay shareholders nothing except Cohen.”
                     </p>
                     <p style="margin:0">
                      Unfortunately, Cohen’s day-to-day operational abilities don’t seem to be something the market has been focused on during his time at GameStop.
                     </p>
                    </div>
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                     <span class="tinyMce-placeholder" style="word-break: break-word;">
                      THE TAKEAWAY
                     </span>
                    </h1>
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                     <p style="margin:0">
                      What really hurts the case, in Kawa’s view, is the third bullet: transformation. To the extent that GameStop bulls were long the stock because Cohen could do something “
                      <a style="text-decoration: underline; color: #5869ff;">
                       <strong>
                        genius or totally, totally foolish
                       </strong>
                      </a>
                      ,” they were already pricing in the benefits of a successful acquisition! That weakens the case for eBay shareholders to accept the stock as currency to complete this transaction.
                     </p>
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                        THE BEST THING WE READ TODAY
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                       Einride and its autonomous electric trucks are speeding toward the public markets
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                      Ever wondered what happens if an autonomous truck gets pulled over? In our interview with Roozbeh Charli, CEO of
                      <strong>
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                      , a Swedish freight technology company that builds electric and autonomous trucking systems, we chat about this and more, including Einride’s recent deal with
                      <a style="text-decoration: underline; color: #5869ff;">
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                        Amazon
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                      and its move into defense vehicle tech.
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                        Five-year vision
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                        Presented by State Street Investment Management
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                      Invest in where you’re going
                      <a style="text-decoration: underline; color: #5869ff;" target="_self">
                       <strong>
                        with the growth potential of mid-caps
                       </strong>
                      </a>
                      .
                     </p>
                    </div>
                   </td>
                  </tr>
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                </td>
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              </table>
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           </tbody>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
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                    <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                     <span class="tinyMce-placeholder" style="word-break: break-word;">
                      What else we're Snackin'
                     </span>
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                    <div style="margin-left:-20px">
                     <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li style="Margin:0 0 8px 0">
                       Oh my Claude!
                       <strong>
                        Anthropic
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                       in talks for funding at a valuation as high as
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         $950 billion
                        </strong>
                       </a>
                       , which would make it bigger than
                       <strong>
                        OpenAI
                       </strong>
                      </li>
                      <li style="Margin:0 0 8px 0">
                       Golden hour:
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Netflix
                        </strong>
                       </a>
                       confirms a “KPop Demon Hunters” world concert tour is
                       <strong>
                        <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                         on the way
                        </a>
                       </strong>
                      </li>
                      <li style="Margin:0 0 8px 0">
                       North Korean actors have
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         stolen $6.75 billion
                        </strong>
                       </a>
                       in crypto since 2016
                      </li>
                      <li style="Margin:0 0 8px 0">
                       The Hustle delivers snappy, unconventional business news for people who hate business news, plus free guides on making money with AI, starting side hustles, and more.
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                       .
                      </li>
                     </ul>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#5869ff;background-size:auto;border-bottom:30px solid #fff;border-left:30px solid #fff;border-radius:10px;border-right:30px solid #fff;border-top:30px solid #fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
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             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;border-bottom:4px solid #5869ff;border-left:4px solid #5869ff;border-right:4px solid #5869ff;border-top:4px solid #5869ff;vertical-align:top" width="100%">
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                      Snack Fact of the Day
                     </span>
                    </h1>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
                  <tr>
                   <td class="pad" style="padding-top:10px;padding-bottom:10px;padding-left:40px;padding-right:40px">
                    <div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:22px">
                     <p style="margin:0">
                      <a style="text-decoration: underline; color: #ffffff;">
                       <strong>
                        Fresh tomato prices surged 40% in April.
                       </strong>
                      </a>
                      <strong>
                      </strong>
                     </p>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-16" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
                 <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td align="center" class="pad" style="padding-top:25px;padding-bottom:25px">
                    <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                     <tr>
                      <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                       <span style="word-break: break-word;">
                       </span>
                      </td>
                     </tr>
                    </table>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                  <tr>
                   <td align="center" class="pad" style="width:100%">
                    <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                     <span class="tinyMce-placeholder" style="word-break: break-word;">
                      Thursday
                     </span>
                    </h1>
                   </td>
                  </tr>
                 </table>
                 <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
                  <tr>
                   <td class="pad" style="padding-top:5px;padding-bottom:5px;padding-left:10px;padding-right:10px">
                    <div style="margin-left:-20px">
                     <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Premarket earnings:
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Intuitive Machines
                        </strong>
                       </a>
                       and
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Ondas Inc.
                        </strong>
                       </a>
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       April retail sales
                      </li>
                      <li aria-level="1" style="Margin:0 0 8px 0">
                       Postmarket earnings:
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Figma
                        </strong>
                       </a>
                       ,
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Applied Materials
                        </strong>
                       </a>
                       ,
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Infleqtion
                        </strong>
                       </a>
                       ,
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         United States Antimony Corp.
                        </strong>
                       </a>
                       ,
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Blaize Holdings
                        </strong>
                       </a>
                       ,
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Gemini Space Station
                        </strong>
                       </a>
                       ,
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Celcuity
                        </strong>
                       </a>
                       ,
                       <strong>
                       </strong>
                       and
                       <strong>
                       </strong>
                       <a style="text-decoration: underline; color: #5869ff;">
                        <strong>
                         Navan
                        </strong>
                       </a>
                      </li>
                     </ul>
                    </div>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-17" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="col-pad" style="padding-left:25px;padding-right:25px">
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