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   Plus, Apple might just... give up |
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                                TOGETHER WITH
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                   Hi Sarah, here's what you need to know for
                   <strong>
                    July 2nd
                   </strong>
                   in
                   <strong>
                    3:14 minutes
                   </strong>
                   .
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                     Robinhood’s stock broke its own record, after the platform unveiled tokens for OpenAI and SpaceX
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                     Your 401(k)’s getting fancy, in ways you probably haven’t noticed –
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                      Read Now
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                     Apple’s considering swapping in-house AI projects for deals with OpenAI or Anthropic
                    </span>
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                     🎟 You're on the lookout for interesting (and hopefully, money-making) investing ideas. Well, let us introduce you to ARK Invest CEO Cathie Wood, previously featured in Fortune's roundup of The Best Investing Advice. Really:
                     <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                      come to our Modern Investor Summit
                     </a>
                     and hear the legend live.
                     <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                      Get your free ticket
                     </a>
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              <span class="text-heading1 text-black font-black" style="font-weight: 900; color: #283444; font-size: 24px;">
               Out Of The Woods
              </span>
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                  <img alt="Out Of The Woods" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-010725-Tokens_1.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D0dfa0d492a631187cbed746adc6bcd44/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTE0MDc0OTEuMDgxNDA4M30:1uWj5v:Ntsod6knKOBPn9QzAKj0BvRbGOgZy1glcgVa0IV2w4w" style="border:0;border-radius:4px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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              </h4>
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              </p>
              <p data-block-key="cvzw4" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="1ah7m" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Investments in private companies like OpenAI and SpaceX are usually reserved for the world’s wealthiest – but just like its namesake, Robinhood is snatching opportunities from the rich and handing them to the masses.
              </p>
              <p data-block-key="4lm8d" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="22vn6" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               🇪🇺 Europeans can now buy over 200 American stocks and ETFs on the platform via tokens: digital coins that represent an asset, like shares. The trades are commission-free and available around the clock on weekdays, making them much more accessible to folk in Europe.
              </p>
              <p data-block-key="bdohr" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               🔐 Robinhood’s also planning to offer private investments that way soon, rolling out tokens for OpenAI and SpaceX in Europe this summer. And to make an even bigger splash, it’s giving away $1.5 million worth of those tokens.
              </p>
              <p data-block-key="30mnf" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               🇺🇸 Americans, for their part, can now
               <a style="text-decoration: underline; font-weight: 500; color: #3C4857;">
                stake
               </a>
               crypto on the app to earn passive income on their coins.
              </p>
              <p data-block-key="2relv" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="4pvb0" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                Time to trade your leather wallet for a digital one.
               </i>
              </p>
              <p data-block-key="s4q4" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Robinhood also announced this week that it’s in the process of building its own blockchain. That new, in-house system (based on Arbitrum) will be faster and cheaper, making it easier to trade crypto and traditional stocks in the same place. It helps, too, that the US has approved a handful of crypto regulations, designed to make the digital currencies more transparent and trustworthy.
              </p>
              <p data-block-key="69ttq" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 The bigger picture:
                </i>
               </b>
               <i>
                Robinhood is quick and nimble – and not just thanks to those green stockings.
               </i>
              </p>
              <p data-block-key="6bfam" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               After the last US election, Robinhood quickly reinstated many of the coins that it had previously delisted – including Solana and XRP. (Remember, this president has pledged to make America “the crypto capital of the world”). Plus, the platform’s made a couple of big purchases lately: Canadian WonderFi for nearly $180 million and crypto exchange Bitstamp for around $200 million. Investors approve of the ever-evolving digital strategy: Robinhood’s shares are up 175% from their April lows, when tariffs weighed on most stocks.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
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               <b>
                You might also like:
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                Stablecoins aren’t just for crypto bros anymore
               </a>
               .
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                  <strong>
                   Copy to share story:
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                   https://app.finimize.com/content/out-of-the-woods
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                        📚 Investors were reading...
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                         Meta's stock notched a new record price after a seriously spenny hiring spree.
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                        ✋
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                         The European Central Bank's chief economist said the rate cycle is "done".
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                        📱
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                         The US president has a wealthy circle willing to buy TikTok.
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                         <span style="font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-weight: bold; color: #E6F14A; display: inline-block;">
                          FROM OUR RESEARCH DESK
                         </span>
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                          There’s A Silent Shift Happening In Your 401(k)
                         </h2>
                         <p style="line-height: 1.5; margin-top: 0; margin-bottom: 16px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; color: #FFFFFF; margin: 0;">
                          Theodora Lee Joseph, CFA
                         </p>
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                      <img alt="There’s A Silent Shift Happening In Your 401(k)" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-010725-401k.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D350afaa77ffc128c3af62f4ccc75c4d0/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTE0MDc0OTEuMDgxNjIxNH0:1uWj5v:hjm-9nWlSHdjMG6kzddrYOVsjv9uI9EUSglssY_YxWU" style="max-width: 300px; border-radius: 4px;" width="300"/>
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                     <p data-block-key="xjbe2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      ​I don’t check my
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       retirement account
                      </a>
                      every day, and you probably don’t either.
                     </p>
                     <p data-block-key="3h5d0" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      If you’re contributing regularly, chances are your money’s going into a
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       target-date fund
                      </a>
                      – that default option designed to glide from growth to safety as you get older. It’s simple, automatic, and easy to ignore.
                     </p>
                     <p data-block-key="5s5dl" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      But lately, these funds have started to
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       change
                      </a>
                      in ways that are worth noticing.
                     </p>
                     <p data-block-key="32oro" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      Big names like BlackRock are planning to add
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       private equity and private credit
                      </a>
                      into the mix. That means your account could soon include stakes in companies that don’t trade on public markets – with the potential for higher returns, but also more complexity (think less liquidity, higher fees, harder-to-value assets).
                     </p>
                     <p data-block-key="29ibe" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      So it’s worth
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       paying attention
                      </a>
                      , even if you’re not the type to hover over your 401(k).
                     </p>
                     <p data-block-key="6v062" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      That’s today’s Insight:
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       your 401(k) getting fancy, and you likely haven’t noticed
                      </a>
                      .
                     </p>
                     <p data-block-key="3j3dc" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0; color: #fff;">
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                        Read or listen to the Insight here
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                    <b>
                     They say the best defense is a good offense
                    </b>
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                    US President Trump has pitched increased defense spending – in fact, the budget is said to hit $1 trillion in the 2026 financial year, up 12% from this one.
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                    So if you want to be proactive, you could consider
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                     DFEN, Direxion’s Daily Aerospace &amp; Defense
                    </a>
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                     3X Bull
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                     Shares
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                    : the leveraged fund provides
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                     daily t
                    </a>
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                     argeted exposure to defense contractors and aerospace companies
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                    , seeking a return that’s triple that of its benchmark index in a single trading day.
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              </p>
              <p data-block-key="8bfq4" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="co5v2" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Apple’s considering swapping its in-house AI models for ones made by OpenAI or Anthropic – so forgive your software engineer friends for flaking to update their resumes.
              </p>
              <p data-block-key="7940i" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="ejm32" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               👨‍💻 Apple’s famous for tweaking its tech: an extra camera here, a few new emojis there, and suddenly the firm’s stores have customers lining up around the block. But a more radical plan – one to overhaul Siri with homemade AI features – seems to have stumped the company.
              </p>
              <p data-block-key="c81rt" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               🔬 So Apple can either lock its product team in the lab until they finally come up with a solution, or… hand the job off to specialists. And it seems the firm’s leaning toward the latter, reportedly testing custom-made models from OpenAI and Anthropic.
              </p>
              <p data-block-key="2pe4m" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               ⏰ Unsurprisingly, Apple’s engineers feel a little uneasy. But hey, at least they have the chance to land a
               <a style="text-decoration: underline; font-weight: 500; color: #3C4857;">
                nine-figure
               </a>
               salary at Meta or OpenAI.
              </p>
              <p data-block-key="46mfd" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="1u6la" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 Zooming out:
                </i>
               </b>
               <i>
                A penny saved is a penny earned.
               </i>
              </p>
              <p data-block-key="v26c" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               If Apple pulls the trigger (or, uh, signs the licensing agreements), the move would be an uncharacteristically thrifty one. See, rather than throwing more good money after
               <a style="text-decoration: underline; font-weight: 500; color: #3C4857;">
                bad
               </a>
               , a deal would let Apple integrate top-of-the-line tools without having to build or maintain them itself. In comparison, rivals across the industry have stuffed billions of dollars into AI infrastructure. Meta, for example, is raising $29 billion in private credit
               <i>
                just
               </i>
               to fund data centers. Mind you, one of Apple’s potential solutions wouldn’t exactly come cheap. The firm is reportedly eyeing up Perplexity: the AI search engine recently valued at $14 billion.
              </p>
              <p data-block-key="e7avn" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For markets:
                </i>
               </b>
               <i>
                We’ll always have Tesla.
               </i>
              </p>
              <p data-block-key="5r6gl" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Underwhelmed by Apple’s AI progress, investors have pushed the stock down 16% this year. That makes it the second-worst performer in the Magnificent Seven, outdone only by Tesla. At the same time, investors have rallied behind Nvidia, Microsoft, and Meta – enough, in fact, to send the tech-heavy Nasdaq index to a record high.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
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               <b>
                You might also like:
               </b>
               <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                How to succeed in investing when AI does all the thinking
               </a>
               .
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                  <strong>
                   Copy to share story:
                  </strong>
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                   https://app.finimize.com/content/get-siri-ous
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                  QUOTE OF THE DAY
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                  "True originality consists not in a new manner but in a new vision."
                 </p>
                 <span class="text-caption font-normal text-blackLight leading-normal" style="font-weight: 400; line-height: 1.5; color: #3C4857; font-size: 12px;">
                  – Edith Wharton (an American writer and designer)
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                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
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                      <a style="color: #204CE9; font-weight: 500; text-decoration: underline;" target="_blank">
                       <img alt="" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FPromo_Banner_-Mid_Caps__The_Overlooked_Potentia.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Df34ff440500f50175433969fee748dad/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTE0MDc0OTEuMDgyMzUwNX0:1uWj5v:NUp36TsMcUW4fIHlVF5qxyNmens7VpRD-qx6FwHlPUM" style="border:0;border-radius:6px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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                  <div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
                   <p data-block-key="2t5l4" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                    Goldilocks’ first bowl of oatmeal was too hot. The second, too cold. The third: right in the middle, the perfect temperature. (Stay with us here.)
                   </p>
                   <p data-block-key="b8c6" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                    Well,
                    <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                     mid-cap companies are a bit like that
                    </a>
                    . Steamy*. Delicious**. Palatable***. Just enough syrup****. And by that we mean, they often *hold less risk than earlier-stage startups, **have a demonstrably viable business model, ***boast a solid customer base, and ****still have room to expand.
                   </p>
                   <p data-block-key="1ubsv" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
                    <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                     Read our free guide to find out more
                    </a>
                    about this often overlooked category. (Best consumed with an OJ and fresh coffee.)
                   </p>
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                       <p class="content-box-header mb-4" style="line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; font-weight: 900; font-size: 16px; margin-bottom: 16px;">
                        🎯 On Our Radar
                       </p>
                       <p data-block-key="wnzwo" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        1.
                        <b>
                         Tweet all about it.
                        </b>
                        This
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         new hire
                        </a>
                        could turn X around.
                       </p>
                       <p data-block-key="b7nvl" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        2.
                        <b>
                         Walk the talk.
                        </b>
                        Your step goal might be
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         causing you more harm than good
                        </a>
                        .
                       </p>
                       <p data-block-key="1e6km" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        3.
                        <b>
                         You don’t need to wait for SATs.
                        </b>
                        Your kids’ tiny habits could
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         indicate their IQ
                        </a>
                        .
                       </p>
                       <p data-block-key="9lo1" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        4.
                        <b>
                         You haven’t helped an old person cross a road in a while.
                        </b>
                        You could do a good deed by backing sustainable businesses – and in return, your
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         takings would be tax-free
                        </a>
                        .
                       </p>
                       <p data-block-key="bupmd" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
                        5.
                        <b>
                         Pre-order the “Father’s Day” merch, asap.
                        </b>
                        This Dad
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         jumped off a cruise ship
                        </a>
                        to save his child.
                       </p>
                      </div>
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       </td>
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                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                      <div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
                       <p class="content-box-header mb-4" style="line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; font-weight: 900; font-size: 16px; margin-bottom: 16px;">
                        🎙 Finimize Live
                       </p>
                       <h4 data-block-key="9kfl2" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; margin-top: 24px; color: #171E27; font-size: 20px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif;">
                        Grab your free tickets...
                       </h4>
                       <p data-block-key="3vikc" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        🤖
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         How To Invest In The Future Of Alternative Assets
                        </a>
                        : July 8th
                       </p>
                       <p data-block-key="4t2qk" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                        🇺🇸
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         How To Navigate Today’s US Market
                        </a>
                        : July 15th
                       </p>
                       <p data-block-key="8u6e3" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
                        🚀
                        <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                         Modern Investor Summit 2025
                        </a>
                        : December 2nd and 3rd
                       </p>
                      </div>
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   </div>
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         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:#ffffff;background-color:#ffffff;width:100%;">
          <tbody>
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                 <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                  <div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
                  </div>
                 </td>
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                 <td align="left" class="content disclaimer" style="font-size:0px;padding:32px 0 0;word-break:break-word;">
                  <div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
                   <p data-block-key="4wjun" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     *Direxion’s Disclaimers:
                    </b>
                   </p>
                   <p data-block-key="5phtu" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares.
                    </b>
                    <a style="font-weight: 500; font-size: 12px; color: #9FA1A5; text-decoration: underline;">
                     <b>
                      Click here to obtain a Fund’s prospectus and summary prospectus or call 866-476-7523
                     </b>
                    </a>
                    <b>
                     . A Fund’s prospectus and summary prospectus should be read carefully before investing.
                    </b>
                   </p>
                   <p data-block-key="al5bs" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments.
                   </p>
                   <p data-block-key="fcf46" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     Direxion Shares Risks –
                    </b>
                    An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund’s concentrating its investments in a particular industry, sector, or geography which can increase volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause prices to fluctuate over time.
                   </p>
                   <p data-block-key="6a1h2" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     Leverage Risk –
                    </b>
                    The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. A total loss may occur in a single day even if the Index does not lose all of its value. Leverage will also have the effect of magnifying any differences in the Fund’s correlation with the Index and may increase the volatility of the Fund.
                   </p>
                   <p data-block-key="pd4t" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     Daily Index Correlation Risk –
                    </b>
                    A number of factors may affect the Fund’s ability to achieve a high degree of correlation with the Index and therefore achieve its daily leveraged investment objective. The Fund’s exposure to the Index is impacted by the Index’s movement. Because of this, it is unlikely that the Fund will be perfectly exposed to the Index at the end of each day. The possibility of the Fund being materially over- or under-exposed to the Index increases on days when the Index is volatile near the close of the trading day.
                   </p>
                   <p data-block-key="a85tr" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     Aerospace and Defense Industry Risk —
                    </b>
                    The aerospace and defense industry can be significantly affected by government regulation and spending policies because companies involved in this industry rely, to a significant extent, on government demand for their products and services.
                   </p>
                   <p data-block-key="81hhi" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    <b>
                     Industrials Sector Risk —
                    </b>
                    Stock prices of issuers in the industrials sector are affected by supply and demand both for their specific product or service and for industrials sector products in general.
                   </p>
                   <p data-block-key="eulid" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5;">
                    Additional risks of the Fund include Effects of Compounding and Market Volatility Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs Risk), Cash Transaction Risk, and Passive Investment and Index Performance Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Fund.
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                    ALPS Distributors, Inc.
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                    Finimize is unaffiliated with Direxion or ALPS Distributors, Inc.
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