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   This earnings season is a chance for AI hyperscalers to get their mojo back. This week, much of Big Tech will deliver quarterly results, headlined by Meta and Microsoft on Wednesday.
  </div>
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Hey Snackers,
                  </span>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   <strong>
                    ETHZilla
                   </strong>
                   , known for its
                   <strong>
                    ethereum
                   </strong>
                   treasury, has acquired
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     two aircraft engines
                    </strong>
                   </a>
                   (!?!?) in a bid to boost the company’s tokenization efforts to bring real-world assets from high-value vertical markets, such as aerospace, maritime, and heavy equipment, on-chain.
                  </p>
                  <p style="margin:0;margin-bottom:16px">
                   The S&amp;P 500
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     whipsawed
                    </strong>
                   </a>
                   on Friday before finishing marginally higher ahead of this week’s Big Tech earnings, when
                   <strong>
                    Meta
                   </strong>
                   ,
                   <strong>
                    Microsoft
                   </strong>
                   ,
                   <strong>
                    Tesla
                   </strong>
                   , and
                   <strong>
                    Apple
                   </strong>
                   will report (more on that later). The Nasdaq 100 outperformed, officially erasing all losses after President Trump’s European tariff threats. The Russell 2000 sank, breaking its 14-session streak of outperforming the S&amp;P 500.
                  </p>
                  <p style="margin:0">
                   🧠 Quiz time… Check out our
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     Snacks Seven Quiz
                    </strong>
                   </a>
                   . Here’s the first question:
                  </p>
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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 0 8px 0">
                    Which state consumes the most hot sauce?
                    <br/>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Check your answer.
                     </strong>
                    </a>
                   </li>
                  </ul>
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                    </td>
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                   <span style="word-break: break-word; line-height: 16.8px;">
                    <strong>
                     MAG 7 AI-SSEMBLE
                    </strong>
                   </span>
                  </span>
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                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    This earnings season is a chance for AI hyperscalers to get their mojo back
                   </strong>
                  </a>
                 </h1>
                </td>
               </tr>
              </table>
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                  <p style="margin:0">
                   Investors can be attracted to themes and seduced by narratives. But there’s nothing as irresistible as a line on a chart that goes up very quickly. That simple fact may help explain
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     the magnitude of the rotation within AI-linked stocks
                    </strong>
                   </a>
                   , where investors are eager to hitch their wagons to pockets of accelerating growth driven by supply shortages that force hardware prices skyward.
                  </p>
                 </div>
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               <tr>
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                  <ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert">
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    This week, much of Big Tech will deliver quarterly results, headlined by
                    <strong>
                     Meta
                    </strong>
                    and
                    <strong>
                     Microsoft
                    </strong>
                    on Wednesday.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    If you’re a portfolio manager who came into 2026 wanting to maintain the same amount of AI exposure while focusing on the pockets within that theme with the best improvement in prospective earnings growth, well, that likely means
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      you’ve been lightening up on the Magnificent 7 heavyweights
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    Their size, high margins, and dominant positions in fast-growing markets have helped the hyperscalers outperform most US companies over the past decade, and that’s what allows for persistent capex outlays on such a grand scale.
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    One issue? Not all of hyperscalers’ AI spending supports immediate moneymaking opportunities. A lot of compute is still used for training The Next Great Model Update, rather than to support internal products or cloud capacity that can be sold to customers.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
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                  <p style="margin:0">
                   Earnings season could serve as fuel for a rotation back into megacap tech — whether that’s thanks to its successes or the inability of these new market hot spots to live up to sky-high expectations. Look no further than
                   <strong>
                    Intel
                   </strong>
                   , which fell 17% on Friday, for an example of what happens when a parabolic rally
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     is followed by anything less than perfect results
                    </strong>
                   </a>
                   .
                  </p>
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                   THE TAKEAWAY
                  </span>
                 </h1>
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                  <p style="margin:0;margin-bottom:16px">
                   Hyperscalers need more “hype,” or to deliver a clear sign about their “scale,” to continue producing earnings
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     through this spending binge
                    </strong>
                   </a>
                   .
                  </p>
                  <p style="margin:0">
                   There’s a welcome sign that the Mag 7 is poised to rebound: last week, the cohort entered (and exited) “oversold” territory, based on the 14-day relative strength index, judged to be a positive technical development. The last time the group had been this washed out, based on this metric, was after onerous tariffs kneecapped the market in April 2025.
                  </p>
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                     ZOOM OUT
                    </strong>
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                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   Stories we’re obsessed with
                  </span>
                 </h1>
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                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Which restaurant chains are winning?
                     </strong>
                     <br/>
                    </a>
                    We’re eating more chicken than
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      ever
                     </strong>
                    </a>
                    , which you’d think would be good news for KFC, but as the
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      chicken wars
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    wage on, the chain ranked worst out of 76 restaurant brands, per a
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      new market share analysis
                     </strong>
                    </a>
                    by Barclays. The report won’t make great reading for
                    <strong>
                    </strong>
                    KFC owner
                    <strong>
                     Yum! Brands
                    </strong>
                    , with its other two major brands, Pizza Hut and Taco Bell, also among the industry’s biggest market share losers. As for the restaurants gaining market share,
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Mexican
                     </strong>
                    </a>
                    <strong>
                     ,
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Texan
                     </strong>
                    </a>
                    <strong>
                     ,
                    </strong>
                    and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Italian
                     </strong>
                    </a>
                    chains took the
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      top three spots
                     </strong>
                    </a>
                    .
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      AI has given public markets the software scaries... and it’s spreading to private markets
                     </strong>
                     <strong>
                      <br/>
                     </strong>
                    </a>
                    Just a few years ago, B2B SaaS (“software as a service” companies that cater to HR teams, accounting teams, finance teams, etc.) was the hottest thing in venture capital. VCs poured hundreds of billions into traditional software companies, but as AI replaces software engineers and
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      vibe-coding startups surge
                     </strong>
                    </a>
                    ,
                    <strong>
                    </strong>
                    venture bets on SaaS companies are facing a brutal reset. These
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      three charts
                     </strong>
                    </a>
                    <strong>
                    </strong>
                    show
                    <strong>
                     “
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      the Great SaaS Meltdown
                     </strong>
                    </a>
                    <strong>
                     .”
                    </strong>
                   </li>
                  </ul>
                 </div>
                </td>
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                     THE BEST THING WE READ TODAY
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                  <a style="text-decoration: underline; color: #5869ff;">
                   <strong>
                    PlusAI CEO David Liu on the future of autonomous driving
                   </strong>
                  </a>
                  <strong>
                  </strong>
                 </h1>
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                  <p style="margin:0">
                   <strong>
                    PlusAI
                   </strong>
                   is building software to enable freight trucks to
                   <a style="text-decoration: underline; color: #5869ff;">
                    <strong>
                     drive themselves
                    </strong>
                   </a>
                   , and is set to hit the public markets in February. In our interview with CEO David Liu, he describes his vision of a future where most vehicles, commercial or not, are driving themselves.
                  </p>
                 </div>
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                      Read our exclusive interview
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                   Snacks Shots
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                    <strong>
                     📺 Netflix:
                    </strong>
                    Markets* are pricing in a
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      79% chance that Netflix hikes the price
                     </strong>
                    </a>
                    of its “Standard with ads” subscription plan before the end of the year. It comes at a moment when investors are rewarding streaming companies that plan to jack up prices, as seen last week when
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      Spotify got a boost from Goldman Sachs
                     </strong>
                    </a>
                    .
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     🤖 Optimus:
                    </strong>
                    While Elon Musk certainly sounded optimistic about
                    <strong>
                     Tesla
                    </strong>
                    ’s Optimus robot being for sale to the public
                    <strong>
                     “
                    </strong>
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      by the end of next year
                     </strong>
                    </a>
                    <strong>
                     ,”
                    </strong>
                    some believers still think there’s a shot of Tesla selling a bot to the general public in 2026. Traders are still pricing in
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      a 14% chance of that happening
                     </strong>
                    </a>
                    , even exceeding Musk’s confidence.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="10" cellspacing="0" class="paragraph_block block-4" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word" width="100%">
               <tr>
                <td class="pad">
                 <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">
                   *Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.
                  </p>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="divider_block block-5" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-6" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <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-7" 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">
                    An unexpected benefit of the AI boom? Anguilla, whose top-level domain is “.ai,” has received an estimated
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      $70 million in domain name sales
                     </strong>
                    </a>
                    in the past year
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     SpaceX
                    </strong>
                    makes up 22% of the Baron First Principles ETF’s portfolio, offering investors a potential
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      arbitrage opportunity
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    In its earnings call last Thursday,
                    <strong>
                     Intel
                    </strong>
                    tumbled as its management asked for time to deliver a turnaround that traders have already
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      aggressively been pricing in
                     </strong>
                    </a>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    …but Intel’s loss was
                    <strong>
                     AMD
                    </strong>
                    ’s gain, which posted its ninth consecutive gain on Friday, its
                    <a style="text-decoration: underline; color: #5869ff;">
                     <strong>
                      longest winning streak in two decades
                     </strong>
                    </a>
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-8" 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;border-radius:0;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <tr>
             <td class="column column-1" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-left:25px;padding-right:25px;padding-top:5px;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%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-9" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-size:auto" 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-size:auto;background-color:#5869ff;border-bottom:30px solid #fff;border-left:30px solid #fff;border-radius:10px;border-right:30px solid #fff;border-top:30px solid #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;border-bottom:4px solid #5869ff;border-left:4px solid #5869ff;border-right:4px solid #5869ff;border-top:4px solid #5869ff;padding-bottom:15px;padding-left:25px;padding-right:25px;padding-top:15px;vertical-align:top" width="100%">
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-1" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="text-align:center;width:100%">
                 <h1 style="margin:0;color:#fff;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:center;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   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%">
               <tr>
                <td class="pad" style="padding-bottom:10px;padding-left:40px;padding-right:40px;padding-top:10px">
                 <div style="color:#fff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:center;mso-line-height-alt:20px">
                  <p style="margin:0">
                   <a style="text-decoration: underline; color: #ffffff;">
                    <strong>
                     Nathan’s Famous hot dogs originally sold for a nickel apiece.
                    </strong>
                   </a>
                  </p>
                 </div>
                </td>
               </tr>
              </table>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" class="row row-10" 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;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%">
              <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%">
               <tr>
                <td class="pad" style="padding-bottom:25px;padding-top:25px">
                 <div align="center" class="alignment">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
                   <tr>
                    <td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #5869ff">
                     <span style="word-break: break-word;">
                     </span>
                    </td>
                   </tr>
                  </table>
                 </div>
                </td>
               </tr>
              </table>
              <table border="0" cellpadding="0" cellspacing="0" class="heading_block block-2" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
               <tr>
                <td class="pad" style="padding-bottom:10px;text-align:center;width:100%">
                 <h1 style="margin:0;color:#5869ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:25px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:30px">
                  <span class="tinyMce-placeholder" style="word-break: break-word;">
                   This Week
                  </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">
                    <strong>
                     Monday:
                    </strong>
                    Earnings expected from
                    <strong>
                     Ryanair
                    </strong>
                    ,
                    <strong>
                     Baker Hughes
                    </strong>
                    ,
                    <strong>
                     Steel Dynamics
                    </strong>
                    , and
                    <strong>
                     WR Berkley
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Tuesday:
                    </strong>
                    January consumer confidence. Earnings expected from
                    <strong>
                     UnitedHealth Group
                    </strong>
                    ,
                    <strong>
                     Boeing
                    </strong>
                    ,
                    <strong>
                     American Airlines
                    </strong>
                    ,
                    <strong>
                     General Motors
                    </strong>
                    ,
                    <strong>
                     United Parcel Service
                    </strong>
                    ,
                    <strong>
                     Seagate Technology Holdings
                    </strong>
                    ,
                    <strong>
                     Northrop Grumman
                    </strong>
                    ,
                    <strong>
                     Kimberly-Clark
                    </strong>
                    ,
                    <strong>
                     HCA Healthcare
                    </strong>
                    ,
                    <strong>
                     RTX Corp.
                    </strong>
                    , and
                    <strong>
                     Texas Instruments
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Wednesday:
                    </strong>
                    Fed interest rate decision. Earnings expected from
                    <strong>
                     Meta
                    </strong>
                    ,
                    <strong>
                     Microsoft
                    </strong>
                    ,
                    <strong>
                     Tesla
                    </strong>
                    ,
                    <strong>
                     IBM
                    </strong>
                    ,
                    <strong>
                     Lam Research
                    </strong>
                    ,
                    <strong>
                     ASML
                    </strong>
                    ,
                    <strong>
                     AT&amp;T
                    </strong>
                    ,
                    <strong>
                     Amphenol
                    </strong>
                    ,
                    <strong>
                     Corning
                    </strong>
                    ,
                    <strong>
                     GE Vernova
                    </strong>
                    ,
                    <strong>
                     General Dynamics
                    </strong>
                    ,
                    <strong>
                     Raymond James
                    </strong>
                    ,
                    <strong>
                     Starbucks
                    </strong>
                    ,
                    <strong>
                     Danaher
                    </strong>
                    ,
                    <strong>
                     Progressive
                    </strong>
                    ,
                    <strong>
                     Lennox
                    </strong>
                    ,
                    <strong>
                     Teva Pharmaceuticals
                    </strong>
                    ,
                    <strong>
                     Textron
                    </strong>
                    , and
                    <strong>
                     United Microelectronics
                    </strong>
                   </li>
                   <li aria-level="1" style="Margin:0 0 8px 0">
                    <strong>
                     Thursday:
                    </strong>
                    Earnings expected from
                    <strong>
                     Apple
                    </strong>
                    ,
                    <strong>
                     Mastercard
                    </strong>
                    ,
                    <strong>
                     Caterpillar
                    </strong>
                    ,
                    <strong>
                     SAP SE
                    </strong>
                    ,
                    <strong>
                     Lockheed Martin
                    </strong>
                    ,
                    <strong>
                     Altria
                    </strong>
                    ,
                    <strong>
                     Nasdaq
                    </strong>
                    ,
                    <strong>
                     Nokia
                    </strong>
                    ,
                    <strong>
                     Comcast
                    </strong>
                    ,
                    <strong>
                     Visa
                    </strong>
                    ,
                    <strong>
                     Western Digital
                    </strong>
                    , and
                    <strong>
                     Sandisk
                    </strong>
                   </li>
                   <li style="Margin:0 0 8px 0">
                    <strong>
                     Friday:
                    </strong>
                    Earnings expected from
                    <strong>
                     SoFi
                    </strong>
                    ,
                    <strong>
                     Exxon Mobil
                    </strong>
                    ,
                    <strong>
                     Chevron
                    </strong>
                    ,
                    <strong>
                     American Express
                    </strong>
                    , and
                    <strong>
                     Verizon
                    </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-11" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0" width="100%">
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff;color:#000;width:600px;margin:0 auto" width="600">
           <tbody>
            <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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