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   In the weeks since the “Liberation Day” announcements of across-the-board reciprocal tariffs, the market has been rattled.
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                   Presented by
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                   Hey Snackers,
                  </span>
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                  <p style="margin:0;margin-bottom:16px">
                   Did you hear?
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Elon Musk is back at Tesla
                    </strong>
                   </a>
                   and done with DOGE (the government agency, not the meme coin). He’s letting us all know in real time from SpaceX that he is “physically here. This is the focus, and especially around launch,” and that generally he is “back to spending 24/7 at work and sleeping in conference/server/factory rooms.” For many Tesla investors, Musk
                   <em>
                    is
                   </em>
                   Tesla, so his return is perceived as good news, though Tesla’s stock price is
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     more disconnected from fundamentals than ever
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Yesterday was a microcosm of the year
                    </strong>
                   </a>
                   , with everyone’s heads spinning from extremely volatile changes to US trade policy. This time, though, it was the judicial branch rather than the executive branch that created the whipsaw.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   US stocks opened well in the green after a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     court order Wednesday evening
                    </strong>
                   </a>
                   saw many of President Trump’s tariffs blocked. Then that court order was overruled by another court before Thursday’s market close. Stocks ended well off their highs, with the S&amp;P 500 up 0.4%, the Nasdaq 100 rising 0.2%, and the Russell 2000 gaining 0.3%.
                  </p>
                  <p style="margin:0">
                   ❓
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Pop quiz
                    </strong>
                   </a>
                   : Despite the fact that
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     one of every eight clothing items bought in America comes from Amazon
                    </strong>
                   </a>
                   , its CEO isn’t exactly a style icon…
                  </p>
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                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    What fashion faux pas was Jeff Bezos roasted for?
                    <br/>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Check your answer.
                     </strong>
                    </a>
                   </li>
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                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:20px;width:115px;v-text-anchor:middle;" arcsize="27%" fillcolor="#5869ff">
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<![endif]-->
                  <span class="button" style="background-color: #5869ff; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 2px; padding-top: 2px; padding-left: 11px; padding-right: 11px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     SWING STATE
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">
                  <strong>
                   <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                    <span class="mce-content-body mce-edit-focus" data-position="60-0-1" data-qa="tinyeditor-root-element" id="563a9e17-e27b-4163-a802-2f22056218bd" style="word-break: break-word; position: relative;">
                     <strong>
                      Liberation Day 2: Liberation from Liberation Day
                     </strong>
                    </span>
                   </a>
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0;margin-bottom:16px">
                   In the weeks since the “Liberation Day” announcements of across-the-board reciprocal tariffs, the market has been rattled.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Imports have, variously,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     surged and plunged
                    </strong>
                   </a>
                   depending on whether the tariff hit was tomorrow or yesterday, companies have
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     kvetched all quarter
                    </strong>
                   </a>
                   about how it’s going to be downright impossible to forecast the future with any degree of sincerity, and through it all, Americans
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     paid out the nose for their precious stuff
                    </strong>
                   </a>
                   .
                   <strong>
                   </strong>
                  </p>
                  <p style="margin:0">
                   Late Wednesday, the US Court of International Trade
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     struck down a major chunk of Trump’s “Liberation Day” tariffs
                    </strong>
                   </a>
                   , ruling that the president misapplied the International Emergency Economic Powers Act for much of his sweeping package. This led to a bit of a bonanza for import-dependent stocks on Thursday, only for a late-breaking ruling from an appeals court to allow the tariffs to stay in place —
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     for now
                    </strong>
                   </a>
                   .
                   <strong>
                   </strong>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Getting an instant sugar rush after the bell were
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      tariff-exposed companies like Nike
                     </strong>
                    </a>
                    ,
                    <strong>
                    </strong>
                    but it didn’t last.
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      The Magnificent 7 jumped
                     </strong>
                    </a>
                    even if some eventually lost it, and some
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      automakers that weren’t covered by the court’s decision
                     </strong>
                    </a>
                    popped on general enthusiasm.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    An economics research team from Goldman Sachs estimated that the decision would block a 6.7 percentage point increase in the effective US tariff rate since early 2025 — including the 10% universal baseline tariff, a 20% hike on Chinese goods, and a 25% tariff on imports from Canada and Mexico — and with it, nearly $200 billion in annual revenue.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    What’s wilder? The $22 billion collected through the tariffs so far might even
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      need to be forked over back to the importers
                     </strong>
                    </a>
                    .
                    <strong>
                    </strong>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0">
                   So, it’s over? Not so fast. Even setting aside the ruling, Goldman expects the White House to
                   <strong>
                    “
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     find other ways to impose tariffs
                    </strong>
                   </a>
                   <strong>
                    ,”
                   </strong>
                   likely by reimposing a temporary 15% tariff (under Section 122) and laying the groundwork for longer-term tariffs (under Section 301).
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-7" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:8px;padding-top:24px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:23px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:28px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0">
                   Liberation from Liberation Day came as a bit of a surprise, but if anything, it’s a sign that the main pathway out of the tariff situation may not be by going through the White House, but by going through the court system.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="button_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                      Read more
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                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     Presented by Kara Water
                    </strong>
                   </span>
                  </span>
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                  <strong>
                   They’re creating a way to drink water from air. Now you can own a piece.
                  </strong>
                 </h1>
                </td>
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                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fbazh%252F6su869qw%252Fc8r%252F49s%252Fqne%252Fkara%2520water%252005.30%2520image.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NDg2MDE3MjEuMzYyMjU1OH0:1uKxBZ:M09lwRIJe67Uwy8vT8ixOpargiTrSKErQ0EYf-8HSyo" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
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                  <p style="margin:0;margin-bottom:16px">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Kara Water’s patented AirDrive™ technology
                    </strong>
                   </a>
                   turns air into premium drinking water — and now coffee. Their flagship device, Kara Pure, transforms humidity into crisp, mineral-rich water with zero plumbing or plastic waste.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Featured on Gordon Ramsay’s Food Stars
                   <sup>
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                   and Forbes
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                    2
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                   , Kara Water has received over 14,700 pre-order indications across all products.
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                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Kara Water is pursuing big box retailer partnerships to expand their reach across the US. Now, they’re planning to introduce Kara Pod — a model bringing air-to-water tech to households everywhere.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   This is your chance to
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     own a stake in the future of clean water
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   <strong>
                    Invest in a climate-resilient solution.
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Back Kara Water on StartEngine today
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                   </a>
                   <strong>
                    .
                   </strong>
                   <sup>
                    4
                   </sup>
                  </p>
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                    <strong>
                     THE BEST THING WE READ TODAY
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-top:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    Nvidia is still the Bo Jackson of stocks
                   </strong>
                  </a>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0;margin-bottom:16px">
                   Like Bo Jackson, the only professional athlete in history to be named an All-Star in two major North American sports,
                   <strong>
                    Nvidia
                   </strong>
                   continues to pull off an
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     equally impressive feat
                    </strong>
                   </a>
                   : to simultaneously offer growth
                   <em>
                    and
                   </em>
                   profitability. While the “Rule of 40” is often used to judge fast-growing companies, we believe our new metric, the
                   <strong>
                    Bo Jackson Index
                   </strong>
                   , is a better screener.
                  </p>
                  <p style="margin:0">
                   While Nvidia reigns supreme,
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     see which other companies rank high in the Bo Jackson Index
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
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                     <span style="word-break: break-word;">
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                  </table>
                 </div>
                </td>
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              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </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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               <tr>
                <td class="pad" style="text-align:left">
                 <div align="left" class="alignment">
                  <!--[if mso]>
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                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     MOVES
                    </strong>
                   </span>
                  </span>
                  <!--[if mso]></center></v:textbox></v:roundrect><![endif]-->
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                  <strong>
                   Yesterday’s Big Daily Movers
                  </strong>
                 </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-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Boeing
                    </strong>
                    flew to a
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      52-week high
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    with China deliveries back on and a plan to boost 737 production
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Build-A-Bear
                    </strong>
                    hit an
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      all-time high
                     </strong>
                    </a>
                    after dropping record Q1 earnings results
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     e.l.f. Beauty
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      soared 24%
                     </strong>
                    </a>
                    after Wednesday’s announcement that it will buy Hailey Bieber’s skin care brand, rhode, for a balmy billion dollars
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                   <tr>
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                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
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           <tbody>
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                 <div align="left" class="alignment">
                  <!--[if mso]>
<v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word"   style="height:26px;width:157px;v-text-anchor:middle;" arcsize="22%" fillcolor="#5869ff">
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<![endif]-->
                  <span class="button" style="background-color: #5869ff; border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-radius: 7px; border-right: 2px solid #000000; border-top: 2px solid #000000; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 13px; padding-right: 13px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;">
                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     Presented
                    </strong>
                    <strong>
                     by CBOE
                    </strong>
                   </span>
                  </span>
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                  <strong>
                   Small cap, big opportunity.
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="image_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                   <a style="outline:none" tabindex="-1" target="_blank">
                    <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fbazh%252F6su869qw%252F91r%252Fd7o%252Ffvn%252FCBOE.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCIsInRpbWUiOjE3NDg2MDE3MjEuMzYyMzYzfQ:1uKxBZ:zhmIrUQXtFCGG7dQpIZV_JnwnTNebI7HKDwLWb-HzLQ" style="display:block;height:auto;border:0;width:100%" title="" width="550"/>
                   </a>
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                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0;margin-bottom:16px">
                   If you haven’t considered
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     small cap exposure
                    </strong>
                   </a>
                   , you could be missing out on a unique market segment. Small caps can move more sharply than large caps, and offer traders access to broader economic trends.
                  </p>
                  <p style="margin:0">
                   Learn about small cap opportunities with
                   <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                    <strong>
                     Cboe RUT
                    </strong>
                    <sup>
                     <strong>
                      ®
                     </strong>
                    </sup>
                    <strong>
                     <sup>
                     </sup>
                     Index Options
                    </strong>
                   </a>
                   on Robinhood.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                <td class="pad" style="padding-bottom:10px">
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                  <p style="margin:0">
                   <strong>
                    Advertiser’s disclosures
                   </strong>
                   : There are important risks associated with transacting in any of the Cboe
                   <sup>
                    ®
                   </sup>
                   Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     https://www.cboe.com/us_disclaimers
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
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           </tbody>
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         </td>
        </tr>
       </tbody>
      </table>
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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">
           <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;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                 <div align="center" class="alignment">
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                   <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>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;text-align:center;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">
                  <strong>
                   Crypto Catch-Up
                  </strong>
                 </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-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Bitcoin
                    </strong>
                    ETFs saw a whopping
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $9 billion in inflows
                     </strong>
                    </a>
                    in the past five weeks, with
                    <strong>
                     BlackRock
                    </strong>
                    leading the charge
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Bad news for
                    <strong>
                     Trump Media
                    </strong>
                    and
                    <strong>
                     GameStop
                    </strong>
                    : the power of the “pivot to bitcoin” might be
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      wearing off
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Good news for
                    <strong>
                     Steak ’n Shake
                    </strong>
                    : accepting bitcoin payments
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      saved it 50% in processing fees
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Meanwhile in Canada,
                    <strong>
                     SOL Strategies
                    </strong>
                    is raising $1 billion for
                    <strong>
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      solana opportunities
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     VivoPower
                    </strong>
                    is joining the crypto treasury trend and plans to raise
                    <strong>
                     $121 million
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      to buy XRP
                     </strong>
                    </a>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-14" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#f6f6f6;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-left:25px;padding-right:5px;padding-top:5px;vertical-align:top" width="100%">
              <table border="0" cellpadding="10" cellspacing="0" class="list_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
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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">
                    <strong>
                     Type BTC
                    </strong>
                    wherever you invest to find
                    <strong>
                     <a style="text-decoration: underline; color: #5869ff;">
                      Grayscale’s Bitcoin Mini Trust ETF
                     </a>
                    </strong>
                    . It’s the lowest cost
                    <sup>
                     5
                    </sup>
                    Bitcoin exchange-traded product (no crypto wallet required). Investing involves risk and possible loss of principal.
                    <sup>
                     6
                    </sup>
                   </li>
                  </ul>
                 </div>
                </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%">
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                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    April Personal Consumption Expenditures (the Fed’s preferred inflation gauge)
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Earnings expected from
                    <strong>
                     Canopy Growth
                    </strong>
                   </li>
                  </ul>
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                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    Advertiser's disclosures:
                    <br/>
                   </strong>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   1 See
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    Food Stars feature here
                   </a>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   2 See
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    Forbes feature here
                   </a>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   3 Preorder indications are non-binding expressions of interest and do not represent guaranteed sales. Actual conversion to revenue may vary based on fulfillment, customer demand, and other factors. Past performance is not indicative of future performance.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   4 Please read the
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    Offering Circular
                   </a>
                   and
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    Risks
                   </a>
                   (on page 5) related to this offering before investing. This is a paid advertisement for Kara Water’s Regulation CF Offering.This Reg CF offering is made available through StartEngine Primary, LLC, member FINRA/SIPC.  In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   This was a paid for ad. Sherwood Media has been compensated for this ad by the Kara Water Reg CF Campaign hosted on StartEngine.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   5 BTC is low cost based on gross expense ratio at 0.15%. Brokerage fees and other expenses may still apply.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <em>
                    Grayscale Bitcoin Mini Trust ETF ("BTC" or the “Fund”), an exchange traded product, is not registered under the Investment Company Act of 1940 (or the ’40 Act) and therefore is not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds.
                   </em>
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    6 Please read the
                   </strong>
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    BTC prospectus
                   </a>
                   <strong>
                    carefully before investing in the Fund.
                   </strong>
                   Foreside Fund Services, LLC is the Marketing Agent for the Fund.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Investing involves significant risk, including possible loss of principal. The Fund holds Bitcoin; however, an investment in the Fund  is not a direct investment in Bitcoin. As a non-diversified and single industry fund, the value of the shares may fluctuate more than shares invested in a broader range of industries. Extreme volatility, regulatory changes, and exposure to digital asset exchanges may impact the value of Bitcoin and, consequently, the value of the Fund. Digital assets are not suitable for an investor that cannot afford the loss of the entire investment. There is no guarantee that a market for the shares will be available, which will adversely impact the liquidity of the Fund.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   The value of the Fund relates directly to the value of the underlying digital asset, the value of which may be highly volatile and subject to fluctuations due to a number of factors. There is no certainty that an active trading market for shares will develop or be maintained which will adversely affect the liquidity of shares of the Fund.
                  </p>
                  <p style="margin:0">
                   <strong>
                   </strong>
                  </p>
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