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X's CEO is stepping down...
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July 10, 2025
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Greetings, earthlings.
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Feel like you didn’t have enough time to get everything done yesterday? It’s not just you—the day was
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technically
</em>
shorter than most. It was one of three days this summer when the position of the moon causes the Earth to spin faster, so yesterday was ~1.3 milliseconds shorter than the typical 24-hour rotation cycle (which takes 86,400 seconds). We’re dizzy just thinking about it.
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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">
20,611.34
</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">
+0.95%
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkxNDQ4Nn0:1uZo0E:DnkDQjdpXvY5fWOA9iIC7gm-SFlfFbzvlaiNb2nQ_jk" 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">
6,263.26
</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">
+0.61%
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkxNjM5OH0:1uZo0E:XHzIza0zQ3jW4o7chV2jXw25nNErnk3mWCaeJbo1QCA" 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">
44,458.30
</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">
+0.49%
</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%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkxODUxM30:1uZo0E:ImVber6oCjge3fI31KmxuNFBDK8CWNmZZF6YaOP8vxs" 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">
4.342%
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
-7.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkyMDMxOH0:1uZo0E:221pYazyoLNzMgM7x9cS5xDQuNz4sF84gTb4k5KXBjI" 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">
$110,919.89
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
+1.84%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- Nvidia -->
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkyMTk5MX0:1uZo0E:YS2cpmqRGmYFCplNm6iaOwcoXPMmKdMK7QQtRmFz670" 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">
Nvidia
</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">
$162.88
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
+1.80%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Nvidia -->
<!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkyMzY4N30:1uZo0E:xxN48SmSiwkFQbISKhBB0mM0TqYSb48PUB2NhyV-Wxw" style="vertical-align:middle;height:16px;display:inline"/>
</a>
</td>
</tr>
</table>
<p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
*Stock data as of market close, cryptocurrency data as of 6:00pm ET.
<a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
Here's what these numbers mean.
</a>
</p>
</td>
</tr>
<!-- END REGULAR TEXT -->
<tr>
<td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
<strong style="color:#000">
Markets:
</strong>
</span>
<span>
Stocks
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
soared
</a>
</span>
<span>
like Carl’s house in
</span>
<span>
<em>
Up
</em>
</span>
<span>
yesterday as markets continued to shake off President Trump’s new tariff threats and Nvidia became the most valuable company ever (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">
<div style="background-color:#e8e8e8;margin-top:0;margin-bottom:15px;padding:15px;line-height:22px">
<p style="margin-top:0;margin-bottom:0;line-height:22px">
<strong style="color:#1c7ff2;font-size:16px">
Markets Sponsored by Pacaso
</strong>
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Join major investors:
</strong>
Well-known investors like Maveron backed Pacaso, which has already grossed $110m+ and reserved the Nasdaq ticker PCSO.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
But you can invest now for $2.90/share
</a>
.
</p>
</div>
</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">
SOCIAL MEDIA
</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">
Linda Yaccarino is logging off X
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Linda Yaccarino, CEO of X Corp., formerly Twitter, speaks with Catherine Herridge during a keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 7, 2025. Gadgets, robots and vehicles imbued with artificial intelligence will once again vie for attention at the Consumer Electronics Show," src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4b5093b81bc3d2d2c888696c49500c05702b3d9-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkyNDkzOH0:1uZo0E:eeXJDuaECytSIUDdJvpnM5ftHVyHLmnu4-c0om6c0ps" 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>
Patrick T. Fallon/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">
It’s not easy to convince your company’s owner to remove the poop emoji email from the PR department’s automatic reply workflow, but Linda Yaccarino can surely bring up that accomplishment in her future job interviews. Yaccarino
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
announced
</a>
Wednesday that she would step down as CEO of X, a role she assumed two years ago after Elon Musk bought the company for $44 billion.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
She had her work cut out from the start.
</strong>
Musk acquired the social media app formerly known as Twitter in October 2022 after a highly publicized back-and-forth and quickly shook up the company with mass layoffs and a loosening of content moderation policies. The moderation changes spooked advertisers: Monthly ad revenue from Twitter’s top 1,000 advertisers
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
fell
</a>
from $127 million in October 2022 to $48 million in January 2023.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
In comes the “velvet hammer”
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Nicknamed for her stellar negotiation skills, Yaccarino joined the company (now named X) as CEO in May 2023, following 11 years at NBCUniversal. Experts saw the hire as a way to win back advertisers. Even when Musk told advertisers who didn’t want to return to the platform to “Go f--- yourself,” Yaccarino defended the sentiment (but not the delivery).
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Despite the challenges, her time at the top had some wins:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Some big advertisers returned, though in some cases only after X made
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
legal threats
</a>
</span>
<span>
.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Yaccarino courted small business advertising and renewed X’s partnership with the NFL.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The company’s ad revenue is expected to grow this year for the first time in four years, according to eMarketer.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
But the X office is still teeming with drama:
</strong>
Yaccarino didn’t give a reason for leaving. But her announcement came just days after the AI chatbot Grok’s code was updated to be “politically incorrect,” and it immediately started
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
posting
</a>
pro-Hitler content (reportedly after Yaccarino had already decided to depart). And AI may now be a bigger focus for X than advertising, since Musk merged it with xAI in March.
<em>
—MM
</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">
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Presented By Pacaso
</h3>
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<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">
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From Italy to a Nasdaq reservation
</strong>
</a>
</h1>
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<img class="sponsored-header-image" alt="Pacaso" style="display: block; width: 100%; max-width: 670px;" width="670" height="377" src="https://storage.morningbrew.com/gif/2025-06-26/image-aec8162df50d0675be9004cd4fd8b7641c17241c-640x360-gif/aec8162df50d0675be9004cd4fd8b7641c17241c-640x360.gif">
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<img alt="Pacaso" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2025-06-26%252Fimage-aec8162df50d0675be9004cd4fd8b7641c17241c-640x360-gif%252Faec8162df50d0675be9004cd4fd8b7641c17241c-640x360.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3NTIxNDEzNDIuMjkyOTQ2Nn0:1uZo0E:5SaJQ8JcFMTgM1UsK9sychN-mDTWC5NoGNKMB1AWSyA" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
How do you follow a record-breaking 2024? By getting even stronger. At least that’s what
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Pacaso
</a>
just did.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
After setting records in Paris and London in 2024, they grew gross profits by 41% YoY last year alone. No wonder the company is expanding their disruptive model even further.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Pacaso now plans to bring this co-ownership model to Italy and the Caribbean. With Coldwell Banker reporting that 40% of wealthy Americans intend to buy a vacation home abroad within the next year, that’s a big deal.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
No wonder they reserved the Nasdaq ticker PCSO
</a>
.
</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">
And for just $2.90/share, you can share in their growth as an investor today
</a>
.
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WORLD
</h3>
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Tour de headlines
</a>
</h1>
</div>
</table>
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<img alt="Donald Trump's Truth Social post featuring his letter threatening a 50% tariff on Brazil" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F327aafa08f3907b2bfc42e46c1f3e694f4d36df9-1500x1000.jpg%253Fw%253D1336%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzMDYxfQ:1uZo0E:MSXWah5rwqO00ED3uX9phxlhicaps8NVdyPitFYxiRs" 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>
@realdonaldtrump/Truth Social
</em>
</small>
</span>
</p>
</div>
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<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fflag-for-brazil_1f1e7-1f1f7.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzMTYxMn0:1uZo0E:thnfpkVZzGy71BvWJv5x_BZYRIMbuRPPWHyLFNjFuoA" style="max-width:18px" width="18"/>
Trump unveils 50% tariff on Brazil over prosecution of its ex-president.
</strong>
In his latest round of tariff demand letters,
<strong style="color:#000">
</strong>
President Trump
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
said
</a>
he plans to slap a 50% tariff on Brazilian imports as of Aug.1, partly because of its prosecution of its former President Jair Bolsonaro for an alleged coup attempt, which Trump called a “witch hunt.” The president also cited a “very unfair trade relationship” between the countries in opting for a much higher tariff than he initially announced in April. Brazil’s current president said the government would respond with reciprocity. President Trump also sent letters threatening tariffs of between 20% and 40% to at least seven more countries yesterday.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
⚕️ US measles cases have reached a 33-year high.
</strong>
A little more than halfway into 2025, the US has reported 1,288
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
measles cases
</a>
, marking the highest yearly total since 1992, according to data from the Centers for Disease Control and Prevention. An outbreak in Texas contributed to both the high number of cases and the first measles-related US deaths in a decade, though cases have been reported in 39 states. The US declared measles eliminated in 2000, but cases have been spiking as vaccination rates have waned. Of the people in the US infected this year, 92% were unvaccinated or had an unknown vaccination status.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-scissors_2702.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzMjUzNH0:1uZo0E:BnXbcOH5pD01kAhsJUSYyyRjj68SU37-ikTiDtxk_To" style="max-width:18px" width="18"/>
Fed officials are divided over when to cut rates.
</strong>
The Federal Reserve released the minutes from its June meeting, and the good news is that the majority of its officials see interest rate cuts coming
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
this year
</a>
. But other than that, they agree about as much as feuding contestants on
<em>
Love Island
</em>
—the minutes show officials have differing opinions over how many times they’ll do it and when they should start, even as the president has ramped up pressure for lower rates. Although some officials remained concerned that tariffs may spur inflation, the tally shows 10 committee members expect two or more cuts, two expect just one, and seven anticipate none.
<em>
—AR
</em>
</p>
</td>
</tr>
</table>
</td>
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STOCKS
</h3>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Nvidia becomes first company to break $4t barrier
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
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<img alt="a close up of the eye of providence on the back of the dollar bill but the eye is replaced with the Nvidia logo" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fa79d8cd6183905f650c19af20ecf7a2dcbcb857a-1500x1000.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzMzUxN30:1uZo0E:yCO49VJeYopCYD3pmrV-pbFXUHhMq7lJBMLjhc-eqtU" 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>
Illustration: Anna Kim, Photo: Adobe Stock
</em>
</small>
</span>
</p>
</div>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
In the same way your grandparents know where they were when the US landed on the moon, modern investors will always remember the day Nvidia became the first company to touch down on a $4 trillion market valuation.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The AI chipmaker briefly
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
crossed that threshold
</a>
before finishing trading yesterday with a value of $3.972 trillion. Despite being the biggest beneficiary of Big Tech’s pivot to all things AI, at the start of 2025 it seemed unlikely that Nvidia CEO Jensen Huang would win the race to a $4 trillion market cap—especially since Apple entered the year with a $3.9 trillion market cap.
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
DeepSeek’s emergence in January sparked terror in Silicon Valley, as it was feared that China had found a less expensive way to create a generative AI model without relying on Nvidia’s high-end chips.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
US tariff threats and chip export controls also created doubts about the American company’s future in foreign markets.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
What a year, huh? Jensen, it’s July.
</strong>
Nvidia shares fell as much as 37% between the start of the year and April but have rebounded nearly 74% since, thanks in part to concerns about DeepSeek’s data privacy policies and the market starting to ignore Trump’s tariff declarations. For the year, Nvidia’s stock has risen nearly 18%, and its value is up 10x since early 2023.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Looking ahead…
</strong>
analysts from the investment firm Loop Capital believe Nvidia’s market cap could reach $6 trillion by 2028.
<em>
—DL
</em>
</p>
</td>
</tr>
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</a>
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Together With Amazon Prime
</h3>
</div>
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<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzNzM5M30:1uZo0E:JaP4ZQf8d4t9VjZ8YBchs-3FdXVZm_T21aS2P7xu7tc" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
More time = more deals.
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Prime Day is now four whole days
</a>
. Have you had your eye on something—like new noise-canceling headphones, an amazing camera, or that one tech gadget you’ve been low-key stalking for months? There’s never been a better time to hit “add to cart.”
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Shop Prime Day deals now
</a>
.
<br/>
</p>
</td>
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
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">
McDonald’s hopes this wrap is its silver bullet
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Snack Wrap" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F435eea508e192b23e8a9ddb2d902dfcdc5ad784d-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzODM4N30:1uZo0E:QCldpEG6tcztds8v5Qm_9oZ44eDEl3avogfQB5uB4nw" 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>
McDonald’s
</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">
You yearn for the days when the Black Eyed Peas were on the radio the way Ronald McDonald yearns for a better quarter. In its latest bid to
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
win over
</a>
cash-strapped customers, McDonald’s put the beloved Snack Wrap back on menus starting today, nearly a decade after it was discontinued.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The revamped wrap will cost $2.99, more than double its $1.29 launch price in 2006, per QSR Magazine (and about a dollar more after adjusting for inflation). Many McD’s fans are so fed up with everything costing a bajillion dollars that they guessed the wrap would be $4 or more in Reddit discussions.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
McD’s also added spicy McMuffins to the menu this week, in a play for Gen Z’s heart.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
McBig picture:
</strong>
Low- and middle-income customers are the Golden Arches’ core base, and McDonald’s feels them
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
pulling away
</a>
amid a broader consumer spending slowdown. The chain reported its worst quarter since 2020 in May, citing a 3.6% dip in US sales.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Global zoom out:
</strong>
McDonald’s has warned of a rising, tariff-related distaste for American brands in Canada and Europe. While the chain said that hasn’t dinged its bottom line yet, Israel-related boycotts in Arab- and Muslim-majority countries
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
contributed
</a>
to its first revenue miss since the pandemic last year.
<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">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjkzOTM0OH0:1uZo0E:pt-ok6j7Y1TumxfQlMZcpWcgAgpjc9T5V9kjcJaQLCA" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0MDI4OH0:1uZo0E:Q-NAERx-U2K-Ckb26M9EWzzazHkNbuLWl4bIDerurBE" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0MTI0MX0:1uZo0E:vhckwgveNLAioFOIxRPx8fwf7VYTW_ZxIG0colog-ZM" 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>
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<!-- END STORY ARTICLE -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<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">
STAT
</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">
Prime number: ‘32 billion impressions’
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Billy MacFarland, founder of Fyre Festival and convicted fraudster" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fa7fd670c6622fc3d509807c9b350111bb37f0a45-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0MjIyNH0:1uZo0E:Wpbf7GWzz2RzHJR4CaSzqM1bQReNyOBT6Dm9ETX3hr0" 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>
Theo Wargo/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">
Billy McFarland has come up with a new way to ask people to throw money at his Fyre Festival dreams, but at least this time it’s unlikely to end with anyone being trapped on a remote island with a sad cheese sandwich. The relentless hype machine and convicted fraudster has listed the fest and its related IP for
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
sale on eBay
</a>
.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Optimistically subscribing to the theory that all attention is good attention, the
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
eBay listing
</a>
touts the 32 billion online impressions that Fyre Festival has racked up since 2017, claiming it’s more than any other US festival brand. The listing includes the brand (minus a few carveouts), its trademarks and IP, social media accounts, and a “Caribbean festival location option.” In an Instagram post announcing the decision, McFarland showed off his gift for hyperbole by describing the auction as the “craziest thing” he’s done yet. He added that the fest’s new owner would “have an attention engine to launch festivals, do merch collabs, do insane pop-ups, run livestreams, or build a media brand.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
McFarland set the opening bid at 1 cent, but as of yesterday, the bidding was up to above $200,000. That’s still a far cry from the $26 million investors handed McFarland for the original failed music festival.
<em>
—AR
</em>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
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<!-- END STORY ARTICLE -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<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">
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">
<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">
What else is brewing
</a>
</h1>
</div>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<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">
WK Kellogg
</a>
</span>
<span>
, the company that makes your 5-year-old self’s favorite foods like Froot Loops and Frosted Flakes, is said to be nearing a deal to be acquired by chocolate company Ferrero for ~$3 billion.
</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">
OpenAI
</a>
</span>
<span>
is reportedly preparing to launch a web browser to compete with Google Chrome.
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
The company
</a>
</span>
<span>
also closed its deal to buy former Apple designer Jony Ive’s hardware startup.
</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">
Merck
</a>
</span>
<span>
is buying UK-based Verona Pharma for $10 billion as it seeks to move beyond its profitable cancer drug, whose patent is due to expire in 2028.
</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">
A federal appeals court
</a>
</span>
<span>
blocked the FTC’s “click to cancel” rule, which would have forced companies to make it easier to cancel subscriptions and memberships.
</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">
Christian Horner
</a>
</span>
<span>
has been fired from his role as Red Bull team principal after 20 years in the position and leading the team to F1 dominance.
</span>
</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
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<!-- <![endif]-->
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<tr>
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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">
RECS
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<div class="header-image-container" style="padding-top:15px">
<img alt="The word games with icons for different games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe81751ebb501432469a553276fe8ef38761d5968-1350x330.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0MzE5Mn0:1uZo0E:rOJt2YCSVG50kZJ9BdjWLcvjBfavnUHgJO1nrEtwax0" style="width:100%;max-width:670px;display:block" width="670"/>
<p style="margin:0;padding:0;line-height:22px">
</p>
</div>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="content-container" style="padding:15px">
<div>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0NDI1NX0:1uZo0E:n0zjCikGDGQlx6y3OkInXJsnxtfvjtXkBFsHBykjVBI" style="max-width:18px" width="18"/>
<strong style="color:#000">
Stock your kitchen:
</strong>
Here are
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
seven kitchen items
</a>
actually worth the counter space, now on sale.**
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0NTMyNX0:1uZo0E:9EVD4MaVLp8W_feBVXftYT-B1OrH5qVvjgyLDqz4agg" style="max-width:18px" width="18"/>
<strong style="color:#000">
Watch:
</strong>
100 years of history told through
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
clips from 100 movies
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0NjIyMn0:1uZo0E:bG8AawNrGd2I5brLsLBr8wOKj4b6MQaIxudEHGMTkaI" style="max-width:18px" width="18"/>
<strong style="color:#000">
Read:
</strong>
Why people are
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
partying 70% less
</a>
than they used to.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0NzEwMn0:1uZo0E:CKWx05EQq0Dr4CPJFVOHXtRHoiyllDvnND6Yug7yrbo" style="max-width:18px" width="18"/>
<strong style="color:#000">
Who needs a table?
</strong>
America’s
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
best food trucks
</a>
, according to Yelp reviews.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0Nzk4Nn0:1uZo0E:MWKB2ygLwA5M2a3A3-9iNAj5Ivemrs9as9m5cH1IZkw" style="max-width:18px" width="18"/>
<strong style="color:#000">
People are over overpaying for cars:
</strong>
Which is why
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Edmunds
</a>
wants to help you shop for a car with confidence, even in a fluctuating market. See local price listings and price ratings at
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Edmunds.com
</a>
.*
</p>
<placementslot data-id="163b3ee71d57">
</placementslot>
<placementslot data-id="204a30ecd598">
</placementslot>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<sup>
<em>
*A message from our sponsor. **This article contains product recommendations from our writers. When you buy through these links, Morning Brew may earn a commission.
</em>
</sup>
<br/>
<sup>
<em>
</em>
</sup>
</p>
</div>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
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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">
PLAY
</h3>
</div>
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<img alt="The word games with icons for different games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe81751ebb501432469a553276fe8ef38761d5968-1350x330.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTIxNDEzNDIuMjk0ODkzNX0:1uZo0E:opSeczlVIxcb6G9sf6ao5IdzY3FEnWwJsxI2P5mT2_c" style="width:100%;max-width:670px;display:block" width="670"/>
</a>
<p style="margin:0;padding:0;line-height:22px">
</p>
</div>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="content-container" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Brew Mini:
</strong>
Enter the octagon by
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
playing today’s Mini
</a>
.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Three Headlines and a Lie
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Three of these headlines are real, and one is faker than a “Maybe” RSVP on Partiful. Can you spot the odd one out?
</p>
<ol>
<li style="margin-bottom:10px;line-height:22px">
<span>
Cardi B, a live crow, and Schiaparelli’s monochrome vision
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
open
</a>
</span>
<span>
Paris couture week
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Chicago Public Library
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
rolls out
</a>
</span>
<span>
the summer reading program for adults you’ve been dreaming of
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
‘Lord of the Rings’ director
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
backs
</a>
</span>
<span>
long shot de-extinction plan, starring New Zealand’s lost moa
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Looking at your phone exactly 3.75 times a day will
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
preserve
</a>
</span>
<span>
your brain dexterity
</span>
</li>
</ol>
</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">
SHARE THE BREW
</h3>
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<td class="card-content">
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<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
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<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">
morningbrew.com/daily/r/?kid=979c4554
</a>
</p>
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</td>
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</td>
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
ANSWER
</h3>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
We made up the one about your phone helping your brain.
</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: hyperbole, meaning “extravagant exaggeration.” Thanks to Danny Brinson from Bakersfield, CA, and a literal truckload of other readers for the over-the-top suggestion. Submit another Word of the Day
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
here
</a>
.
</p>
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</table>
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<p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
<strong style="color:#000">
✢ A Note From Pacaso
</strong>
</p>
<span style="font-size:10px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
invest.pacaso.com
</a>
. Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals.
</p>
</span>
</td>
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</table>
</th>
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</table>
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