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   Tesla reported quarterly earnings that beat analysts’ expectations
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                   Presented by
                  </p>
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                   Hey Snackers,
                  </span>
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                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    QVC Group
                   </strong>
                   may be home to Easy Pay, allowing shoppers to split the cost of red-light therapy masks and moissanite jewelry over time, but it’s unfortunately unable to settle its own debt as easily — the home shopping giant filed for
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Chapter 11 bankruptcy
                    </strong>
                   </a>
                   last week. Don’t despair: it’s not the end of “Today’s Special Value,” as the company has a plan to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     TikTok-itize its business
                    </strong>
                   </a>
                   .
                  </p>
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                   Stocks rose on Tuesday’s news that the US
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     extended its ceasefire with Iran indefinitely
                    </strong>
                   </a>
                   . The S&amp;P 500 and Nasdaq 100 posted new closing highs as
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     every Magnificent 7 stock gained
                    </strong>
                   </a>
                   , while the Russell 2000 finished just shy of its record close. Traders were in a risk-on mood and the AI trade was back in full force as the Philadelphia Semiconductor Index ended the day by
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     extending one record and setting another
                    </strong>
                   </a>
                   .
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                  <!--[if mso]>
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                    <strong>
                     LET THE FREE CASH FLOW
                    </strong>
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                  <strong>
                   Tesla Q1 earnings and revenue beat Wall Street’s estimates
                  </strong>
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                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Tesla
                    </strong>
                   </a>
                   reported quarterly earnings that beat analysts’ expectations, which they’d been
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     lowering
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   over the past year as the company’s core automotive business has struggled and its upcoming innovations
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     have been pushed further into the future
                    </strong>
                   </a>
                   .
                  </p>
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                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The company reported revenue of $22.4 billion (versus a $22.1 billion FactSet analyst consensus estimate) and adjusted earnings per share of $0.41 (compared with Wall Street’s $0.35).
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Meanwhile, its free cash flow was $1.4 billion, much better than the $1.5 billion loss the Street expected, as the company contends with lower regulatory credit revenue, ongoing pricing pressure, and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      burgeoning capital expenditure
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Analysts have been hoping that growth in the company’s energy generation and storage business would
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      continue to offset
                     </strong>
                    </a>
                    its weakening automotive business. Energy segment revenue rose to $2.4 billion (lower than FactSet’s $3.2 billion) while the automotive segment grew to $16.2 billion (compared with the consensus expectation of $14.9 billion).
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                  <p style="margin:0;margin-bottom:16px">
                   Shares were up 4.4% in after-hours trading following the report before giving up a big chunk of those gains as investors appeared to digest the company's increasingly eye-watering capex estimates for 2026.
                  </p>
                  <p style="margin:0">
                   In the
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     earnings release
                    </strong>
                   </a>
                   , Tesla said that “over time, we expect our hardware-related profits to be accompanied by an acceleration of AI, software and fleet-based profits,” but didn’t give an actual timeline.
                  </p>
                 </div>
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             </td>
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           </tbody>
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                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:23px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:28px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0;margin-bottom:16px">
                   Investors will be looking beyond near-term financials and toward the
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     moon shot
                    </strong>
                   </a>
                   AI and autonomous projects on which Tesla is staking its future. That includes expanding into new markets and removing safety monitors from existing ones. So far, Robotaxi is running in San Francisco, Austin, and on a much smaller scale in
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Dallas and Houston
                    </strong>
                   </a>
                   , and safety monitors still attend a vast majority of its rides. Investors will be also looking for any incremental news on Optimus robot and AI chip progress.
                  </p>
                  <p style="margin:0">
                   Of course, Tesla’s automotive business remains its main source of revenue and the major mechanism with which it
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     finances those forward-looking ambitions
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
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                      Read more
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                    <strong>
                     Presented by State Street Investment Management
                    </strong>
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                  <strong>
                   Are you overlooking the middle?
                  </strong>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   Mid caps like MDY hit a rare balance of growth, stability, and US focus—and they may deserve a more prominent role in your long-term strategy.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   Explore the outperformance potential of mid caps with
                   <a style="text-decoration: underline; color: #5869ff;" target="_self">
                    <strong>
                     this tool
                    </strong>
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                   and discover how the first mid-cap ETF delivers cost-efficient, liquid exposure to 400 US-based mid-sized companies
                   <a style="text-decoration: underline; color: #5869ff;" target="_self">
                    <strong>
                     in a single trade
                    </strong>
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                   .
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   MDY also gives investors the ability to invest in the next generation of industry leaders before they become household names. Innovators like NVIDIA, Netflix, Starbucks, and JetBlue Airways all started as mid-cap holdings.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;" target="_self">
                    <strong>
                     Get to know MDY
                    </strong>
                   </a>
                   .
                  </p>
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                     BACKLOGJAMMIN’
                    </strong>
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                  <strong>
                   GE Vernova and Vertiv are giving us a glimpse into the future of the AI boom
                  </strong>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0;margin-bottom:16px">
                   There’s no shortage of CEOs willing to declare — with dead certainty — what the future holds, but those tech visionaries can be tough to pin down on the details.
                  </p>
                  <p style="margin:0">
                   But then there’s what we got yesterday morning: two earnings reports from the picks-and-shovel AI companies that actually support the massive build-outs. First, we got
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     numbers
                    </strong>
                   </a>
                   from an honest-to-god metal-bending industrial company at the heart of the AI data center boom. Electrical equipment and gas turbine maker
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     GE Vernova
                    </strong>
                   </a>
                   ’s
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     results
                    </strong>
                   </a>
                   provided a
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     sturdy block of evidence that the AI boom has room to run
                    </strong>
                   </a>
                   .
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Order backlogs at GE Vernova jumped 32% to a new high of $163.28 billion during the three months that ended March 31, as
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      we charted
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    The surge in orders is why RBC Capital Markets analyst Chris Dendrinos thinks GE Vernova will be completely sold out of its production capacity for heavy-duty turbines through 2029 — and possibly into 2030 — by the end of this year.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    To be sure, orders are not the same thing as actual sales. But “GEV’s got more demand than they have slots.
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      They can be choosy
                     </strong>
                    </a>
                    as to who they want to work with,” Dendrinos said. And the company can mitigate the risk that when push comes to shove, buyers can’t or won’t meet their commitments.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                <td class="pad" style="padding-bottom:10px">
                 <div style="color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px">
                  <p style="margin:0">
                   But on the other side,
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Vertiv Holdings
                    </strong>
                   </a>
                   , another stock at the white-hot center of the data center boom, had a different experience.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
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                <td class="pad" style="padding-bottom:15px;padding-left:10px;padding-right:10px;padding-top:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    It too reported
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      better-than-expected results
                     </strong>
                    </a>
                    early Wednesday.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    But it also stopped reporting quarterly backlog numbers — the firm will give those annually now.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Without that data, the market focused on Vertiv’s guidance for the coming quarter, which was… uninspiring. So the stock
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      sold off
                     </strong>
                    </a>
                    .
                   </li>
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   THE TAKEAWAY
                  </span>
                 </h1>
                </td>
               </tr>
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                  <p style="margin:0;margin-bottom:16px">
                   So, what’s the lesson? Well, one may be that after the ride investors have had on some of these AI stocks, they’ll need almost constant reassurance that
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     the boom still has legs
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   GE Vernova’s report provided it; the stock went up. Vertiv didn’t. Shares fell. As we head into a big week of tech earnings next week, similar dynamics will be at play for traders when results roll in.
                  </p>
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                      Read more
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                    <strong>
                     THE BEST THING WE READ TODAY
                    </strong>
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                  <strong>
                   4 charts that show the speculative boom is back on
                  </strong>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   What month is it again? Price action across US stocks
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     now looks similar
                    </strong>
                   </a>
                   to the month when speculative appetite was arguably at its highest since 2021, when the SPAC boom and
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     GameStop
                    </strong>
                   </a>
                   ’s short squeeze had retail traders ebullient.
                  </p>
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     October 2025 vs. April 2026, charted
                    </strong>
                   </a>
                  </p>
                 </div>
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                     Presented by State Street Investment Management
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                   Invest like you’re going places.
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                   Snacks Shots
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                    🏈
                    <strong>
                     NFL:
                    </strong>
                    The NFL draft is tonight! Markets* are pricing in
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      a 73% chance
                     </strong>
                    </a>
                    of at least two quarterbacks going in the first round, with one of them, Indiana’s Fernando Mendoza, overwhelmingly likely to go to Las Vegas as the No. 1 pick. Markets are also pricing in a
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      57% chance
                     </strong>
                    </a>
                    of six or more wide receivers going in the first round, and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      a 20% chance
                     </strong>
                    </a>
                    of two or more running backs. Will a kicker or punter be drafted
                    <em>
                     at all?
                    </em>
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                     <strong>
                      That’s the real mystery this year.
                     </strong>
                    </a>
                   </li>
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                    🏈
                    <strong>
                     Draft:
                    </strong>
                    Who is going in the top 3? Besides Mendoza — who is essentially a lock to go in the top 3, at 98% — Ohio State linebacker Arvell Reese (76%) and Texas Tech defensive end David Bailey (73%) are seen as
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      the likeliest contenders to round out the top 3
                     </strong>
                    </a>
                    , with
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      each player having an even shot at the No. 2 pick
                     </strong>
                    </a>
                    and being condemned to work for the New York Jets.
                   </li>
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                   *Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.
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              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   What else we're Snackin'
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Poet Technologies
                     </strong>
                    </a>
                    surged after its CFO confirmed a purchase order from
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Marvell
                     </strong>
                    </a>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Technology
                     </strong>
                    </a>
                    … He also called short sellers “
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      maggots
                     </strong>
                    </a>
                    ”
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Crypto billionaire and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      expensive banana owner
                     </strong>
                    </a>
                    Justin Sun is
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      suing President Trump-backed World Liberty Financial
                     </strong>
                    </a>
                    over frozen
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      WLFI
                     </strong>
                    </a>
                    tokens
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Google shares jumped after its Cloud Next ’26 event unveiled
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      new TPU 8 chips, an enterprise agent platform, and a partnership
                     </strong>
                    </a>
                    with
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Nvidia
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Bitcoin
                     </strong>
                    </a>
                    hit its
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      highest level since February
                     </strong>
                    </a>
                    , with one analyst declaring, “We are now clearly in a bull market phase
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
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           </tbody>
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        </tr>
       </tbody>
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                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li style="Margin:0">
                    🔍
                    <strong>
                     Discover MDY
                    </strong>
                    —the original S&amp;P 400 Mid Cap ETF—and tap into broad exposure to 400 US medium-sized companies — balancing growth potential with stability
                    <strong>
                     <a rel="noopener" style="text-decoration: underline; color: #5869ff;" target="_blank">
                      in one powerful investment
                     </a>
                    </strong>
                    .
                   </li>
                  </ul>
                 </div>
                </td>
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              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                  <p style="margin:0">
                   Ad
                  </p>
                 </div>
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                   Snack Fact of the Day
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
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                 <div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:22px">
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #ffffff;" target="_self">
                    <strong>
                     Major health insurers spent over $3 million on protecting executives last year.
                    </strong>
                   </a>
                   <strong>
                   </strong>
                   <a style="text-decoration: underline; color: #ffffff;">
                   </a>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
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       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
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                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Thursday
                  </span>
                 </h1>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="list_block block-3" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#1d1d1d;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:18px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:27px" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:5px;padding-left:10px;padding-right:10px;padding-top:5px">
                 <div style="margin-left:-20px">
                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Premarket earnings:
                    <strong>
                     Lockheed Martin
                    </strong>
                    ,
                    <strong>
                    </strong>
                    <strong>
                     Freeport-McMoRan
                    </strong>
                    ,
                    <strong>
                    </strong>
                    <strong>
                     NextEra Energy
                    </strong>
                    ,
                    <strong>
                    </strong>
                    <strong>
                     American Airlines
                    </strong>
                    ,
                    <strong>
                    </strong>
                    <strong>
                     Dow
                    </strong>
                    ,
                    <strong>
                    </strong>
                    <strong>
                     Blackstone
                    </strong>
                    ,
                    <strong>
                    </strong>
                    and
                    <strong>
                    </strong>
                    <strong>
                     American Express
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Postmarket earnings:
                    <strong>
                     Intel
                    </strong>
                    and
                    <strong>
                     Baker Hughes
                    </strong>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-18" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
       <tbody>
        <tr>
         <td>
          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:25px;padding-right:25px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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                 </div>
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                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    State Street Investment Management Disclosure:
                   </strong>
                   <strong>
                    <br/>
                   </strong>
                   <strong>
                    <br/>
                   </strong>
                   <strong>
                    Before investing, consider the funds’ investment objectives, risks, charges, and expenses. To obtain a prospectus or summary prospectus, which contains this and other information, call 1-866-787-2257 or visit
                   </strong>
                   <a style="text-decoration: underline; color: #1d1d1d;">
                    www.statestreet.com/im
                    <strong>
                     .
                    </strong>
                   </a>
                   <strong>
                    Read it carefully.
                   </strong>
                   Investing involves risk. ALPS Distributors, Inc. (fund distributor); State Street Global Advisors Funds Distributors, LLC (marketing agent)
                  </p>
                  <p style="margin:0">
                   <strong>
                    <a style="text-decoration: underline; color: #1d1d1d;">
                     State Street Global Advisors (SSGA) is now State Street Investment Management. Please click here for more information
                    </a>
                    .
                    <br/>
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