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Ferrero is buying Kellogg’s for $3.1 billion...
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July 11, 2025
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It’s 7/11: Go get yourself a free Slurpee and
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Nasdaq
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</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">
20,630.66
</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">
+0.09%
</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">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjMzOTc2Mn0:1uaAFk:LClcyBI2sjAOW4MwdOX7pyavYM591Tkxuw1E2Mv3vtM" 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&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">
6,280.46
</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">
+0.28%
</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">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0MDc4fQ:1uaAFk:asT5SHPy_i0mn-ctxnsZrWsTvIeXE3US4oj60-RAzqY" 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">
44,650.64
</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">
+0.43%
</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%252Fcff893ba764906422dff254fe5a026d0a2427129-50x16.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0MTczNH0:1uaAFk:RUEOAipM3LJNqn21-WsDaTEEgMhL0efOskKNMXtrMQw" 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">
4.346%
</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:#7a7a7a4d;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">
+0.0 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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0MjY5fQ:1uaAFk:bT1prgCTHgMYADZQbjH49gqzYOlehJOheCCX_Dx40Nk" 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">
$113,609.02
</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">
+2.60%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- WK Kellogg -->
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0NDE2Nn0:1uaAFk:NdJiHO1j-u1RYad7XkoVSMc_ZSVncCXMB3avKQ2aWAE" 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">
WK Kellogg
</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">
$22.86
</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">
+30.63%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END WK Kellogg -->
<!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0NTY4fQ:1uaAFk:v4hjZEO_u4kdZfZ33244XigsWD6-dpZwGNIoUvCPFpI" 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 5:00pm 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>
Stocks
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
crept up
</a>
</span>
<span>
yesterday like a guy who happens to be walking in the same direction as you late at night but is trying really hard not to make it seem like he’s following you as the S&P 500 and Nasdaq both notched record highs. Thursday’s big winner was WK Kellogg, which skyrocketed after it announced it’s getting bought by chocolate company Ferrero (more on that below).
</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 ]><! -- -->
</div>
</div>
<!-- <![endif]-->
<!-- END MARKETS -->
<!-- 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%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
BUSINESS
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<div class="title-container" style="padding:0 15px">
<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">
Choco giant Ferrero to buy Kellogg’s for $3.1b
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Kellogg’s cereal" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F9f3cb57e98b81fa2fcc611f149fa6517eccf7c15-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0NjgxN30:1uaAFk:BWSqxoGmiPW1fn0N5V-oW9942-HyQ-rKtaXPMm78384" 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>
Brandon Bell/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 15px 0">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
If Ferrero Rocher chocolates really fell from the sky, they’d be cannonballing into cornflakes right now. The renowned family-owned Italian candymaker, Ferrero, is busting into the cereal aisle with a $3.1 billion
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
acquisition
</a>
of Kellogg’s, it announced yesterday.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The chocolate company will pay 40% above Kellogg’s average share price from the past month—a higher-than-usual acquisition premium—to diversify its snack-heavy portfolio with Frosted Flakes, Kashi, and more than a dozen other boxed breakfast idols.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Investors likey:
</strong>
Kellogg’s shares surged Wednesday night on early reports of the acquisition, which is set to infuse its cereals with more resources for growth, executives from both companies said yesterday. The deal is a deep breath for Kellogg’s, which has struggled since it split off from the Kellogg Co. snack business (now known as Kellanova) in 2023.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
It’s a crunchy time to get into the cereal biz
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Ferrero is seeking more control of US food markets at a time when Americans are
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
switching up
</a>
at the grocery store. Kellogg’s lowered its sales forecast in May after noticing two not-so-good changes:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Consumers, likely those with more disposable income, are swapping out sugary shelf items for healthier foods.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Meanwhile, cash-strapped customers are trying to save a couple bucks by opting for cheaper, store-brand cereals.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Ferrero has other concerns.
</strong>
Amid an uncertain future for chocolate supplies (cocoa prices have skyrocketed since 2023 thanks to crop disease and extreme weather), the chocolatier has expanded its global reach beyond cocoa, most recently by buying the maker of Blue Bunny and Bomb Pops in 2022. Ferrero posted a 9% sales jump last year, aided by its US businesses.
<em>
—ML
</em>
</p>
</td>
</tr>
<tr>
<td class="social-container" style="padding-bottom:15px;padding-left:15px">
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td style="padding-top:12px">
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<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0ODE1Mn0:1uaAFk:yocpiftQJi3jHSAqVHKkJgNxZKyaiJR26uPPls_bl3M" style="width:25px;display:inline-block" width="25"/>
</a>
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<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM0OTE0OX0:1uaAFk:vJvzMLDq-A6jLrvi6YVDMr8DJ3wAqdSqnTgm__ji7nA" style="width:25px;display:inline-block" width="25"/>
</a>
<span>
</span>
<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1MDA3OX0:1uaAFk:9-tTuWSwB7EW6jd3fBEYEI1Rhuhg62yw4Y1AGA_HNfM" style="width:25px;display:inline-block" width="25"/>
</a>
</td>
</tr>
</table>
<!-- END SOCIAL LINKS -->
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
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<!-- STORY ARTICLE -->
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<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<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">
Presented By Amazon Prime
</h3>
</div>
<div class="title-container" style="padding:0 15px">
<h1 style="color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
<a style="text-decoration:none;color:#000!important;border-bottom:none!important" target="blank">
<strong style="color:#000">
It ends tonight—don’t miss out
</strong>
</a>
</h1>
</div>
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Amazon Prime" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F2987eac643db02e65312f2a41ad464ed6d544dec-999x750.jpg%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1MTAyfQ:1uaAFk:Lgbo96yaU140mChx5AUrEs-uBKxJ9Dms9Jh4Rrcl7Lo" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
</a>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="sponsored-body content-container story-content" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
There’s less than 24 hours before
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Prime Day
</a>
is over.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
If you’ve been waiting for the right moment to finally grab that one item you’ve had your eye on,
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
this is it
</a>
.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Whether you’re trying to level up your cooking game or give your bathroom a glow-up, there’s never been a better time to “add to cart.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Shop Prime Day deals now
</a>
.
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
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<!-- STORY ARTICLE -->
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<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
WORLD
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<div class="title-container" style="padding:0 15px">
<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">
Tour de headlines
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Delta plane taking off" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6481971b6041a966033332c90f3a159a07754e7b-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1MTk3fQ:1uaAFk:EBlQX4BRy4UWNDYf3Mi9nw0ylXKa69IkkWeVvZxp6L0" 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>
NurPhoto/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">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fairplane_2708.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1Mjg2Nn0:1uaAFk:bGaobzfvmrVYUsKfBSRwPAc2Qm-rpSBLCRyhjt69XMU" style="max-width:18px" width="18"/>
<strong style="color:#000">
Delta gave the airline industry some hope.
</strong>
“Things aren’t that bad” was the main takeaway from Delta’s quarterly earnings report yesterday. The airline
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
reinstated
</a>
its annual forecast, which it had pulled in April as a result of economic uncertainty. The new outlook isn’t as rosy as it once was, but it was enough to push Delta’s stock up and give airlines some much-needed optimism (United, American, and Southwest all jumped yesterday, too). Delta CEO Ed Bastian said consumers have become “a little numb” to tariff talk and are booking travel for later in the year, rather than holding off entirely. United and American report their earnings next week with hopes of adding to the sector’s momentum.
</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%252Fadult_1f9d1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1MzczNH0:1uaAFk:kvTyfIkkXU56izJRQvuvE9WfQFzclQWm2Z5H4hVezi8" style="max-width:18px" width="18"/>
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fscales_2696.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1NDU3fQ:1uaAFk:-TdrY8Dwsr1KgtpwHXluybGsbyRIuOXtUskJRtHZ1MY" style="max-width:18px" width="18"/>
<strong style="color:#000">
A judge blocked Trump from carrying out his ban on birthright citizenship.
</strong>
The judicial back-and-forth on the White House’s controversial order continued yesterday when a federal judge in New Hampshire issued a
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
temporary halt
</a>
to President Trump’s mission of ending birthright citizenship, even though the Supreme Court recently limited lower courts’ ability to issue such nationwide injunctions. The New Hampshire judge was able to carry out the injunction because the case brought to him was a class-action suit, for which the Supreme Court carved out an exception because they involve large groups of plaintiffs. This is undoubtedly not the last you will hear on the matter.
</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%252Fautomobile_1f697.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1NTQzNn0:1uaAFk:SZGcbAdvyzmTvnX5UHBa4CSBDHrRanOgPme2AtF-WJU" style="max-width:18px" width="18"/>
<strong style="color:#000">
Musk says Grok is coming to Teslas by next week.
</strong>
Grok, Elon Musk’s AI chatbot that had to be briefly shut down this week because it called itself “MechaHitler” as part of an antisemitic posting spree, will be available
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
in Tesla vehicles
</a>
by “next week at the latest,” the billionaire said yesterday. The news came shortly after xAI released Grok 4, the latest iteration of the chatbot that seemingly recommended a second Holocaust. Musk hopes integrating Grok into Teslas will help the company compete with automakers that already feature ChatGPT voice assistants, like Volkswagen.
<em>
—AE
</em>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
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<!-- 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%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
SPACE
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<div class="title-container" style="padding:0 15px">
<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">
Made-in-space meds get cash infusion
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Varda lab" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F65173bbf9918683c7a3ff8599579ac04f8a0fcc3-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1Njk2fQ:1uaAFk:2CkQmi5kEY_A0z7zHV3uJPBry0nMRgf_-XRYsSD4nGQ" 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>
Varda
</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 15px 0">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Katy Perry and novel drug production have something in common: Silicon Valley seems to think both belong in space. Varda, a Peter Thiel-backed space startup experimenting with manufacturing medicine in low-earth orbit,
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
announced
</a>
yesterday that it raised $187 million —bringing its total funding haul to $329 million.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Celestial pillmaker
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Varda’s space capsules function as both autonomous orbital pharma production facilities and also vehicles that ferry pharma products back to Earth, offering a cheaper alternative to experiments on the International Space Station. Since its founding in 2021, the California-based company has completed three missions, each launched on SpaceX rockets.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Why make drugs in space?
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Some protein-based therapies rely on drugs with a hyper-specific crystal structure that can be refined only in a low-gravity environment.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
In 2024, Varda successfully created a superior version of the HIV drug ritonavir in space.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The company plans to ramp up its mission cadence and turn its capsules into space drug factories capable of mass production.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Pharma is reaching for the stars…
</strong>
Merck and Bristol Myers Squibb are experimenting with producing enhanced drugs in space. Meanwhile, the startup LambdaVision is harnessing the low-gravity environment in orbit to produce artificial retina implants for blind patients.
<em>
—SK
</em>
</p>
</td>
</tr>
<tr>
<td class="social-container" style="padding-bottom:15px;padding-left:15px">
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td style="padding-top:12px">
<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1ODQ0NX0:1uaAFk:l52jvNIHB9nm36XejkKRHFrvItOBCF2eZjgeaA7hmZI" style="width:25px;display:inline-block" width="25"/>
</a>
<span>
</span>
<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM1OTQ5NH0:1uaAFk:LAGxG1jISbwN9Tt3duBYKkilz6kn1rXaKv7RFvcNdC4" style="width:25px;display:inline-block" width="25"/>
</a>
<span>
</span>
<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM2MDQ4M30:1uaAFk:kP3_6p-vUsCVVaUrwhCla4vHy_RRUSN0JCVUwiIDQMU" style="width:25px;display:inline-block" width="25"/>
</a>
</td>
</tr>
</table>
<!-- END SOCIAL LINKS -->
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- 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%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<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 Amazon Prime
</h3>
</div>
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Amazon Prime" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fa1ec7d30d9ee784c79e2e65a9aa0ec00e266908e-999x750.jpg%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM2MTc3OH0:1uaAFk:iJIzSTPuL0Wd6YK_n25RMzPFyYEydNfdjmzkjE1AOs4" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
</a>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="sponsored-body content-container story-content" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Last call for great deals.
</strong>
Prime Day ends tonight, and so do some of the most amazing deals of the year. In the market for a new gaming laptop? New suitcase for summer travel? A curling iron to replace the one you’ve been using since high school? Now’s the time to
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
find great deals
</a>
and save big.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Shop Prime Day right now
</a>
.
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- 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%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
FOOD & BEV
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<div class="title-container" style="padding:0 15px">
<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">
Good luck finding the green drink
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Cursor chasing illustration of matcha" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F4395938494077a5ff0e121d48a80371869a5e43b-700x467.gif%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM2MjgzOX0:1uaAFk:-Q1E_hdsUjqKZzA-JKQjzyqTsDm5ocXWit0dolJBi-U" 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>
Anna Kim
</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 15px 0">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Complaining about a $7 cup of coffee is old news.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Weak harvests
</a>
in Japan this spring and increased demand have drained matcha supply chains for OG fans of the green powder and cappuccino converts.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Most authentic matcha is from Japan, produced through a centuries-old process of grinding up tencha, a certain kind of shade-grown green tea leaves, into a fine powder. The country’s production of tencha hit 5,336 tons last year, a 2.7x jump from 10 years ago. Japan’s total green tea exports increased by 25% last year, mostly thanks to the growing popularity of matcha, according to the Ministry of Agriculture, Forestry, and Fisheries.
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
More Japanese farmers have switched to the crop to keep up with the demand driven by health-conscious Western consumers.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Matcha boasts more caffeine than other green teas and added antioxidants.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
But just as everyone started joining the hype…
</strong>
the Kyoto region, where nearly a quarter of Japan’s tencha production takes place, suffered record-breaking heat waves last summer. And matcha lovers are
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
roasting
</a>
hoarders and tourists who attempt to circumvent shop limits.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Looking ahead:
</strong>
Farmers in Japan, Taiwan, and Thailand are scrambling to plant new fields to increase tencha yields, but freshly planted crops take five years to mature enough for harvest.
<em>
—MM
</em>
</p>
</td>
</tr>
<tr>
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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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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Prime number: $200m debut?
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Superman 2025 movie premiere" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3a641c9292a6d5a1afee989edfe42cd958d40ba8-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM2Njc1OH0:1uaAFk:rBVpODoTVMgiGBY3DfZMX93wfIwjXAh0_roiREmOx34" 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>
Stewart Cook/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">
Superman may routinely save humanity from all manner of evildoer, but the real question is: Can he create shareholder value?
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Execs at Warner Bros. Discovery will be watching closely this weekend as
<em>
Superman
</em>
, the first movie in James Gunn’s rebooted DC Universe, hits theaters: It’s expected to rake in
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
about $200 million
</a>
at the global box office, Deadline reported.
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
That’d be a win for the Brothers Warner and a vote of confidence from audiences in its new DC Comics film franchise after previous attempts failed to wow moviegoers or critics.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
This new
</span>
<span>
<em>
Superman
</em>
</span>
<span>
, with David Corenswet playing the titular Man of Steel,
</span>
<span>
<em>
</em>
</span>
<span>
has earned an 83% on Rotten Tomatoes, much better than the last three Supes films and roughly on par with Richard Donner’s 1978 classic.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
It’s also a big moment for the superhero genre in general, which doesn’t put butts in seats like it used to. Especially if the movie makes its characters
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
say things
</a>
like, “He was in the Amazon with my mom when she was researching spiders…right before she died.”
<em>
—AE
</em>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
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<div class="c6" style="margin-bottom:7px">
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<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">
QUIZ
</h3>
</div>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Friday news quiz
</a>
</h1>
</div>
</table>
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<a style="border:none;text-decoration:none" target="_blank">
<img alt="New Friday quiz image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F215e92bf9db8d1b0eb13e4e74ccab19fb6a3f1bb-3000x750.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM2Nzd9:1uaAFk:oYqg4uFdGuwEZVwCr2BXQiR9w6ZVeS0XhdDFe5V6WK0" 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>
</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">
The feeling of getting a 5/5 on the Brew’s Weekly News Quiz has been compared taking a post-beach, pre-dinner shower.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
It’s that satisfying.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Ace the quiz
</a>
.
</p>
</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">
NEWS
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
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<div class="title-container" style="padding:0 15px">
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
What else is brewing
</a>
</h1>
</div>
</table>
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<tr>
<td class="content-container" style="padding:15px">
<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">
Bitcoin
</a>
</span>
<span>
notched another all-time record yesterday, beating the previous record that was set...two days ago.
</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">
Goldman Sachs
</a>
</span>
<span>
plans to ask junior bankers to certify their loyalty every three months in order to prevent poaching by private equity firms, Bloomberg 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 video game strike
</a>
</span>
<span>
officially ended after 11 months this week when SAG-AFTRA members voted to ratify a new contract for performance capture and voice actors.
</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">
Car trips to the US
</a>
</span>
<span>
by Canadians plummeted 33% last month as some Canucks avoid the country in light of the White House’s threats to their sovereignty.
</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">
Oasis concert venues
</a>
</span>
<span>
are beefing up security after videos giving advice on how to sneak into the reunion tour went viral on TikTok.
</span>
</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
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RECS
</h3>
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Shop:
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Our
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favorite recs
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that are on sale for the last day of Prime Day.**
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Watch:
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An LED wall
</a>
that tells you where the planes flying by your window are coming from.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM3MjUyM30:1uaAFk:2jJR0p5ryBFUX12PSaw_CkARTesWkIqgMo7XhPGagqs" style="max-width:18px" width="18"/>
<strong style="color:#000">
Read:
</strong>
Why private equity is starting to take over
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
youth sports
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM3MzQyN30:1uaAFk:VtIycWhHOB1-eHANF7jMRx4OEuzUZDdJ790xVsPrswk" style="max-width:18px" width="18"/>
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Rank:
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The best US states
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for business
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in 2025, according to CNBC.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM3NDI5fQ:1uaAFk:6fQMWWfkQvkufRW22DDV1XirKi1VcNq7vc143RoJJog" style="max-width:18px" width="18"/>
<strong style="color:#000">
Going, going, (almost) gone:
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Prime Day
</a>
is almost over. Now’s your chance to treat yourself and shop this year’s big deals.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Shop Prime Day deals now
</a>
.*
</p>
<placementslot data-id="c687084fb589">
</placementslot>
<placementslot data-id="c15b9d193ae2">
</placementslot>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<sup>
<em>
*A message from our sponsor. **This article contains
</em>
<em>
product recommendations from our writers. When you buy through these links, Morning Brew may earn a commission.
</em>
</sup>
</p>
</div>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
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</div>
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<div class="tag-container" style="padding:15px 15px 0">
<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>
<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">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Games banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F90a553e3b95d5e3a1b3528924fd8f1f6b3aa67fd-1350x330.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIyMjY4NzIuNjM3NTIxNX0:1uaAFk:E6kVb8sSkaFAf_NO8ONQVGshsyAzx5keVHGqiTGj0eI" style="width:100%;max-width:670px;display:block" width="670"/>
</a>
<p style="margin:0;padding:0;line-height:22px">
</p>
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<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">
<strong style="color:#000">
Decipher:
</strong>
Today’s puzzle will make you feel wistful—when you solve it.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Decode the movie quote here
</a>
.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Friday puzzle
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
What characteristics do these words or phrases have in common?
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The Miami Heat
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Teammate
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Caucasus
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Well-wooded
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Intenstines
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Narnia series
</p>
</td>
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</table>
</td>
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<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
SHARE THE BREW
</h3>
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<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
<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">
<a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Share Morning Brew
</a>
with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
We’re saying we’ll give you free stuff and more friends if you share a link. One link.
</p>
<a>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
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</p>
</a>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<b>
Your referral count:
</b>
0
</p>
<a class="stb-btn" style="color:#fff;text-align:center;background-color:#1c7ff2;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important">
Click to Share
</a>
<p style="margin-top:15px;margin-bottom:15px;line-height:22px">
Or copy & paste your referral link to others:
<br/>
<a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
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</a>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
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<!-- 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%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
ANSWER
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
<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">
Each letter appears twice in them, known as a “pair isogram.”
</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: Canucks, which is a nickname for Canadians. Thanks to Matt from Coquitlam, BC, for the suggestion. Submit another Word of the Day
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
here
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.
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