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    ...a lot happening in the world of special purpose acquisitions
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                    Chewy earnings call: Zoom face ready [Justin Paget/Stone via GettyImages]
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                  Last Week’s Market Moves
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                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Dow Jones
                     <br/>
                     <span style="font-weight: 700;">
                      35,456
                      <span style="color: rgb(0, 200, 5);">
                       (0.96%)
                      </span>
                     </span>
                    </span>
                   </td>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     S&amp;P 500
                     <br/>
                     <span style="font-weight: 700;">
                      4,509
                      <span style="color: rgb(0, 200, 5);">
                       (1.52%)
                      </span>
                     </span>
                    </span>
                   </td>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Nasdaq
                     <br/>
                     <span style="font-weight: 700;">
                      15,130
                      <span style="color: rgb(0, 200, 5);">
                       (2.82%)
                      </span>
                     </span>
                    </span>
                   </td>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Bitcoin
                     <br/>
                     <span style="font-weight: 700;">
                      $48,343
                      <span style="color: rgb(255, 80, 0);">
                       (-0.70%)
                      </span>
                     </span>
                    </span>
                   </td>
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                  <tr>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Dow Jones
                     <br/>
                     <span style="font-weight: 700;">
                      35,456
                      <span style="color: rgb(0, 200, 5);">
                       (0.96%)
                      </span>
                     </span>
                    </span>
                   </td>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     S&amp;P 500
                     <br/>
                     <span style="font-weight: 700;">
                      4,509
                      <span style="color: rgb(0, 200, 5);">
                       (1.52%)
                      </span>
                     </span>
                    </span>
                   </td>
                  </tr>
                  <tr>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Nasdaq
                     <br/>
                     <span style="font-weight: 700;">
                      15,130
                      <span style="color: rgb(0, 200, 5);">
                       (2.82%)
                      </span>
                     </span>
                    </span>
                   </td>
                   <td>
                    <span class="text" style="font-family: 'Capsule Sans Text', Arial; font-size: 12px; line-height: 22px; padding: 0;">
                     Bitcoin
                     <br/>
                     <span style="font-weight: 700;">
                      $48,343
                      <span style="color: rgb(255, 80, 0);">
                       (-0.70%)
                      </span>
                     </span>
                    </span>
                   </td>
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                    Hey Snackers,
                   </strong>
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                  <p>
                   Swiss farmers are
                   <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                    airlifting cows
                   </a>
                   to help them migrate to the mountains. Weather forecast: cloudy with a chance of milk rain.
                  </p>
                  <p>
                   Stocks jumped for the week, with the tech-heavy
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Nasdaq
                    </a>
                   </strong>
                   index gaining nearly 3%. At the big Fed meeting on Friday, Chairman Jerome Powell
                   <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                    said
                   </a>
                   the central bank could begin rolling back its
                   <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                    economy-boosting
                   </a>
                   money policy this year.
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                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
                 <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:580px;" role="presentation" width="580px" ><tr><td style="height:0;line-height:0;"> &nbsp;
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   <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/http%253A%252F%252Fsg.robinhood.com%252Fwf%252Fopen%253Fupn%253Dq-2FZ-2F8R4uR3lRXK3PO4ZkVk-2BZt1SqpCIyBv-2FIozTjk2Uqd1gAbP-2BVhSzVtMuWctiQQGWhX6KJ8YV5cIAEmn-2Bp3H-2FMy0c0LrjVlMA-2Fx9QWOhrn9-2FpZN0ezsbtOVFPAGtwqabfZHMimqXlFManox1Ak7guYI6K5-2FFW6-2Fztc7c1ky865CpbekOuT8MBD6CScmSyzKYkVFDhsC9g-2BDAVg0x73p07aLEIxo8oATyvSZxTtQdST-2B3pVT19La9bZFNNSPvbVNar9M-2FExq1MA28hZkb3-2FGALopHWyajbwoS3qKVvavUSFW4owyTuYlfF3CM1WQ61Td1cDimpFrvlPFU0t8o1yIZgucQP9qcKpHvHWyBjkxLHnMwGuzycKUIN8fqvl8uRW/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRnNnLnJvYmluaG9vZCJ9:1mKhQJ:PkSIRBatus9wNM-g8nElMZ_TBfAJX884p_1T4cx-rDc" style="height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;" width="1"/>
   <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" class="" style="width:600px;" width="600" bgcolor="rgb(255, 255, 255)" ><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]-->
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     <tbody>
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       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
           <tr>
            <td style="vertical-align:top;padding:0;padding-bottom:10px;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Capsule Sans Text, Arial;font-size:13px;line-height:1;text-align:left;color:#000000;">
                  <span style="font-family: 'Capsule Sans Text', Arial; font-weight: 700; letter-spacing: 0.08em; text-transform: uppercase; color:rgb(0, 200, 5); padding: 7px 15px; border-radius: 30px; border: 0; height: 25px; min-width: 120px; background-color:rgba(0, 200, 5, 0.1);">
                   SPAC-y
                  </span>
                 </div>
                </td>
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            </td>
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   <div style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
     <tbody>
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       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook article-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column article" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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              <tbody>
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                <td align="left" style="font-size:0px;padding:0;padding-top:8px;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  <p>
                   SPAC popularity has grown, along with scrutiny of the IPO alternative
                  </p>
                 </div>
                </td>
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                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;line-height:25px;text-align:left;color:#000000;">
                  <p>
                   <strong>
                    SPAC at it again...
                   </strong>
                   Since last year, special purpose acquisition companies have dominated the public market. SPACs go public for the sole purpose of one day acquiring a
                   <em>
                    real
                   </em>
                   company and taking them public.
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     DraftKings
                    </a>
                   </strong>
                   ,
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Virgin Galactic
                    </a>
                   </strong>
                   , and
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Opendoor
                    </a>
                   </strong>
                   all went public by merging with SPACs. Wild stat: SPACs have accounted for ~70% of all IPOs in 2021. So far this year, SPACs have raised a record-breaking $129B — already more than they raised in 2020. But as SPAC popularity has grown, so has scrutiny:
                  </p>
                  <ul style="padding-left: 18px;">
                   <li style="margin-bottom: 12px;">
                    <strong>
                     SPAC lawsuits have tripled
                    </strong>
                    this year, including against billionaire Bill Ackman’s SPAC. Many cases involve allegations of misleading investors.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Short-selling firms
                    </strong>
                    have increasingly scrutinized companies that went public via SPAC. The CEOs of e-truck startups
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Nikola
                     </a>
                    </strong>
                    and
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Lordstown
                     </a>
                    </strong>
                    resigned after a short-selling firm alleged they exaggerated their tech and misled investors.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     SPACs tend to lose
                    </strong>
                    a third of their value post-merger on average, according to a study spanning 2019 to 2020. The 50 biggest SPACs have lost 20% in value this year.
                   </li>
                  </ul>
                  <p>
                   <strong>
                    Not always SPAC-tacular…
                   </strong>
                   SPACs offer a faster, and sometimes cheaper, way for companies to go public. A SPAC merger usually happens in three to six months on average, while an IPO can take 3X to 4X longer. Companies that go public via SPAC are also allowed to make sales projections to prospective investors, while IPO companies can’t. Plus, SPACs can sometimes help companies avoid initial mispricing. But with increasing scrutiny of SPACs, we may see more regulation in the future.
                  </p>
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                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:700;line-height:25px;text-align:left;color:rgb(0, 200, 5);">
                  <mj-raw>
                   <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.robinhood.com%252Fmarketsnacks_assets%252Fv2%252Ftakeaway.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4ucm9iaW5obyJ9:1mKhQJ:2wim3nnrNRb7jC60ReAsS0ttmVBBf38vlmtl1jvhzEg" srcset="https://cdn.robinhood.com/marketsnacks_assets/v2/takeaway.png, https://cdn.robinhood.com/marketsnacks_assets/v2/takeaway@2x.png 2x" style="padding-right: 6px; height: 100%"/>
                  </mj-raw>
                  THE TAKEAWAY
                 </div>
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                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;letter-spacing:-0.1px;line-height:24px;text-align:left;color:#000000;">
                  <p>
                   <strong>
                    SPACs can be a double-edged sword…
                   </strong>
                   SPACs’ advantage — a faster, more frictionless path to going public — might also be their weakness. Companies that go public via SPAC sometimes face less oversight than those that IPO. Meanwhile, newly-public SPACs may not be able to provide as many disclosures to investors since their acquisition target has yet to be named, and financial diligence may be narrower. But all investments carry risk – and even the IPO review process, designed to help protect investors, isn’t a guarantee that companies' disclosures are completely accurate.
                  </p>
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                </td>
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                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
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</td></tr></table><![endif]-->
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       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
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            <td style="vertical-align:top;padding:0;padding-bottom:10px;">
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                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Capsule Sans Text, Arial;font-size:13px;line-height:1;text-align:left;color:#000000;">
                  <span style="font-family: 'Capsule Sans Text', Arial; font-weight: 700; letter-spacing: 0.08em; text-transform: uppercase; color:rgb(0, 200, 5); padding: 7px 15px; border-radius: 30px; border: 0; height: 25px; min-width: 120px; background-color:rgba(0, 200, 5, 0.1);">
                   Zoom Out
                  </span>
                 </div>
                </td>
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            </td>
           </tr>
          </tbody>
         </table>
        </div>
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   </div>
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   <div style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
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       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook article-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column article" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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            <td style="vertical-align:top;padding:0;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                <td align="left" style="font-size:0px;padding:0;padding-top:8px;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  <p>
                   Stories we're watching...
                  </p>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;line-height:25px;text-align:left;color:#000000;">
                  <p>
                   <strong>
                    The Delta effect...
                   </strong>
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Pfizer's
                    </a>
                   </strong>
                   Covid vaccine received the first full FDA approval last week, with
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Moderna's
                    </a>
                   </strong>
                   expected next. The official greenlight could boost vax confidence — and sales. President Biden wants Americans to get booster shots this fall. Meanwhile, more employers are using “sticks” instead of carrots:
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     CVS
                    </a>
                   </strong>
                   ,
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Chevron
                    </a>
                   </strong>
                   , and
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Disney
                    </a>
                   </strong>
                   mandated employee vaccination, and
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Delta
                    </a>
                   </strong>
                   is hiking health insurance premiums for unvaccinated workers. But some countries — many in Africa — are still waiting to get their first vaccines.
                  </p>
                  <p>
                   <strong>
                    Equal and opposite rehack-tion...
                   </strong>
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Google
                    </a>
                   </strong>
                   and
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Microsoft
                    </a>
                   </strong>
                   committed $30B to improve national cybersecurity at President Biden’s summit last week. This month, hackers stole sensitive data on 50M
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     T-Mobile
                    </a>
                   </strong>
                   customers in a major cyberheist — the company’s third in two years. Global cybercrime losses skyrocketed to nearly $1T in 2020, and the cybersecurity market is expected to more than double between 2021 and 2028.
                  </p>
                 </div>
                </td>
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                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
                 <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:580px;" role="presentation" width="580px" ><tr><td style="height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]-->
                </td>
               </tr>
              </tbody>
             </table>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]></td></tr></table><![endif]-->
       </td>
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     </tbody>
    </table>
   </div>
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       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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            <td style="vertical-align:top;padding:0;padding-bottom:10px;">
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                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Capsule Sans Text, Arial;font-size:13px;line-height:1;text-align:left;color:#000000;">
                  <span style="font-family: 'Capsule Sans Text', Arial; font-weight: 700; letter-spacing: 0.08em; text-transform: uppercase; color:rgb(0, 200, 5); padding: 7px 15px; border-radius: 30px; border: 0; height: 25px; min-width: 120px; background-color:rgba(0, 200, 5, 0.1);">
                   Events
                  </span>
                 </div>
                </td>
               </tr>
              </tbody>
             </table>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]></td></tr></table><![endif]-->
       </td>
      </tr>
     </tbody>
    </table>
   </div>
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   <div style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
     <tbody>
      <tr>
       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook article-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column article" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
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            <td style="vertical-align:top;padding:0;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
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                <td align="left" style="font-size:0px;padding:0;padding-top:8px;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  <p>
                   Coming up this week...
                  </p>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;line-height:25px;text-align:left;color:#000000;">
                  <p>
                   <strong>
                    Keep the e-kibble crunching...
                   </strong>
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Chewy's
                    </a>
                   </strong>
                   sales soared 47% last year as its 19M pet parents ordered goodies online for their pandemic pups. Now, Chewy hopes its popular recurring Autoship feature – for everything from Star Wars toys to pup puzzles – will keep online sales strong as in-store browsing returns. We’ll see how pet parents feel when Chewy reports earnings Wednesday.
                  </p>
                  <p>
                   <strong>
                    Zoom face ready…
                   </strong>
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     Zoom's
                    </a>
                   </strong>
                   sales last quarter more than tripled from last year thanks to all our WFH'ing. Since most companies are planning on hybrid workforces, Zoom could lose business to the IRL office life. But as many employers delay return-to-office dates, Zoom might not be sweating when it reports its latest earnings today.
                  </p>
                 </div>
                </td>
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                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
                 <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:580px;" role="presentation" width="580px" ><tr><td style="height:0;line-height:0;"> &nbsp;
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          </tbody>
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        <!--[if mso | IE]></td></tr></table><![endif]-->
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        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
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         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
           <tr>
            <td style="vertical-align:top;padding:0;padding-bottom:10px;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Capsule Sans Text, Arial;font-size:13px;line-height:1;text-align:left;color:#000000;">
                  <span style="font-family: 'Capsule Sans Text', Arial; font-weight: 700; letter-spacing: 0.08em; text-transform: uppercase; color:rgb(0, 200, 5); padding: 7px 15px; border-radius: 30px; border: 0; height: 25px; min-width: 120px; background-color:rgba(0, 200, 5, 0.1);">
                   ICYMI
                  </span>
                 </div>
                </td>
               </tr>
              </tbody>
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            </td>
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          </tbody>
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        </div>
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   <div style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
     <tbody>
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            <td style="vertical-align:top;padding:0;">
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              <tbody>
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                <td align="left" style="font-size:0px;padding:0;padding-top:8px;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  <p>
                   Last week's highlights...
                  </p>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;line-height:25px;text-align:left;color:#000000;">
                  <ul style="padding-left: 18px;">
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Uber
                     </a>
                     :
                    </strong>
                    A CA judge ruled that Prop 22 is unconstitutional — now the future of the gig economy is up in the air (again).
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Tap
                     </a>
                     :
                    </strong>
                    <strong>
                     TikTok
                    </strong>
                    and
                    <strong>
                     Instagram
                    </strong>
                    are launching in-app shopping tools to make impulse purchases even easier.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      WFH
                     </a>
                     :
                    </strong>
                    Nine in 10 companies plan to leverage a hybrid working model — to make remote feel closer,
                    <strong>
                     Salesforce
                    </strong>
                    is betting on
                    <strong>
                     Slack
                    </strong>
                    .
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
                 <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:580px;" role="presentation" width="580px" ><tr><td style="height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]-->
                </td>
               </tr>
              </tbody>
             </table>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]></td></tr></table><![endif]-->
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   </div>
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   <div style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
     <tbody>
      <tr>
       <td style="direction:ltr;font-size:0px;padding:0 10px 18px 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
           <tr>
            <td style="vertical-align:top;padding:0;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  What else we're Snackin'
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;padding-top:24px;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;letter-spacing:-0.1px;line-height:24px;text-align:left;color:#000000;">
                  <ul style="padding-left: 18px;">
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Live
                     </a>
                     :
                    </strong>
                    The 10 best US cities for renters, based on price and quality of life.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Watch
                     </a>
                     :
                    </strong>
                    The "clickbaitification" of Netflix — it's all about the thumbnail.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Wonder
                     </a>
                     :
                    </strong>
                    Why you need to protect your sense of awe, and how to foster it.
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                      Tap
                     </a>
                     :
                    </strong>
                    A look into the key components inside your smartphone — chips and all.
                   </li>
                  </ul>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;letter-spacing:-0.1px;line-height:24px;text-align:left;color:#000000;">
                  <p>
                   🍪 Want to start Snacking daily?
                   <strong>
                    Sign up
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     here
                    </a>
                    for our daily market newsletter.
                   </strong>
                  </p>
                 </div>
                </td>
               </tr>
              </tbody>
             </table>
            </td>
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          </tbody>
         </table>
        </div>
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    <tbody>
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      <td>
       <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" class="todaysPodcast-outlook" style="width:600px;" width="600" ><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]-->
       <div style="margin:0px auto;max-width:600px;">
        <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
         <tbody>
          <tr>
           <td style="direction:ltr;font-size:0px;padding:40px 10px 40px 10px;text-align:center;">
            <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
            <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td style="vertical-align:top;padding:0;">
                 <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                  <tbody>
                   <tr>
                    <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                     <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                      The Snacks Daily Podcast
                     </div>
                    </td>
                   </tr>
                   <tr>
                    <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                     <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;letter-spacing:-0.1px;line-height:24px;text-align:left;color:#000000;">
                      <p>
                       Our pod hosts will be back on the mics on Tuesday, September 7 with a fresh TBOY.
                      </p>
                      <p>
                       While Nick and Jack take some vacay to rest the pipes, catch up on some of our past
                       <strong>
                        <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                         snackable 15-minute episodes
                        </a>
                       </strong>
                       (still tasty).
                      </p>
                     </div>
                    </td>
                   </tr>
                   <tr>
                    <td align="left" class="podcastButtons light" style="font-size:0px;padding:10px 25px;word-break:break-word;">
                     <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Capsule Sans Text, Arial;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
                      <tr>
                       <td>
                        <a>
                         <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.robinhood.com%252Fmarketsnacks_assets%252Fv2%252Fapple.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4ucm9iaW5obyJ9:1mKhQJ:2wim3nnrNRb7jC60ReAsS0ttmVBBf38vlmtl1jvhzEg" srcset="https://cdn.robinhood.com/marketsnacks_assets/v2/apple.png, https://cdn.robinhood.com/marketsnacks_assets/v2/apple@2x.png 2x" width="100%"/>
                        </a>
                       </td>
                       <td>
                        <a>
                         <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.robinhood.com%252Fmarketsnacks_assets%252Fv2%252Fspotify.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4ucm9iaW5obyJ9:1mKhQJ:2wim3nnrNRb7jC60ReAsS0ttmVBBf38vlmtl1jvhzEg" srcset="https://cdn.robinhood.com/marketsnacks_assets/v2/spotify.png, https://cdn.robinhood.com/marketsnacks_assets/v2/spotify@2x.png 2x" width="100%"/>
                        </a>
                       </td>
                      </tr>
                     </table>
                    </td>
                   </tr>
                  </tbody>
                 </table>
                </td>
               </tr>
              </tbody>
             </table>
            </div>
            <!--[if mso | IE]></td></tr></table><![endif]-->
           </td>
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        </table>
       </div>
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      </td>
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    </tbody>
   </table>
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     <tbody>
      <tr>
       <td style="direction:ltr;font-size:0px;padding:40px 10px 18px 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
           <tr>
            <td style="vertical-align:top;padding:0;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:Nib Pro, Arial;font-size:24px;font-weight:600;line-height:30px;text-align:left;color:#000000;">
                  Snack Fact Of the Day
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:26px;font-weight:400;line-height:34px;text-align:left;color:#000000;">
                  <p>
                   <strong>
                    <a rel="noopener" style="color: rgb(0, 200, 5); text-decoration: none;" target="_blank">
                     The average US adult spends three hours and 43 minutes on their phone per day — or nearly two months per year
                    </a>
                   </strong>
                  </p>
                 </div>
                </td>
               </tr>
               <tr>
                <td align="center" class="light" style="font-size:0px;padding:10px 25px;padding-top:25px;padding-right:0;padding-bottom:34px;padding-left:0;word-break:break-word;">
                 <p style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:100%;">
                 </p>
                 <!--[if mso | IE]><table align="center" border="0" cellpadding="0" cellspacing="0" style="border-top:solid 2px #f5f5f5;font-size:1px;margin:0px auto;width:580px;" role="presentation" width="580px" ><tr><td style="height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]-->
                </td>
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            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]></td></tr></table><![endif]-->
       </td>
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    </table>
   </div>
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    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:rgb(255, 255, 255);background-color:rgb(255, 255, 255);width:100%;">
     <tbody>
      <tr>
       <td style="direction:ltr;font-size:0px;padding:0 10px;text-align:center;">
        <!--[if mso | IE]><table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="column-outlook" style="vertical-align:top;width:580px;" ><![endif]-->
        <div class="mj-column-per-100 mj-outlook-group-fix column" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
         <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
          <tbody>
           <tr>
            <td style="vertical-align:top;padding:0;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
              <tbody>
               <tr>
                <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Display', Arial;font-size:21px;font-weight:500;letter-spacing:-0.1px;line-height:28px;text-align:left;color:#000000;">
                  This Week
                 </div>
                </td>
               </tr>
               <tr>
                <td align="left" style="font-size:0px;padding:0;padding-top:10px;word-break:break-word;">
                 <div style="font-family:'Capsule Sans Text', Arial;font-size:16px;font-weight:400;letter-spacing:-0.1px;line-height:24px;text-align:left;color:#000000;">
                  <ul style="padding-left: 18px;">
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Monday:
                    </strong>
                    Earnings expected
                    <strong>
                     Zoom
                    </strong>
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Tuesday:
                    </strong>
                    Earnings expected from
                    <strong>
                     NetEase
                    </strong>
                    and
                    <strong>
                     Crowdstrike
                    </strong>
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Wednesday:
                    </strong>
                    Earnings expected from
                    <strong>
                     Chewy
                    </strong>
                    ,
                    <strong>
                     Okta
                    </strong>
                    ,
                    <strong>
                     Asana
                    </strong>
                    ,
                    <strong>
                     Campbell Soup Company
                    </strong>
                    ,
                    <strong>
                     Five Below
                    </strong>
                    , and
                    <strong>
                     Vera Bradley
                    </strong>
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Thursday:
                    </strong>
                    Weekly jobless claims. Earnings expected from
                    <strong>
                     Broadcom
                    </strong>
                    ,
                    <strong>
                     DocuSign
                    </strong>
                    ,
                    <strong>
                     Hormel
                    </strong>
                    , and
                    <strong>
                     American Eagle Outfitters
                    </strong>
                   </li>
                   <li style="margin-bottom: 12px;">
                    <strong>
                     Friday:
                    </strong>
                    August unemployment rate
                   </li>
                  </ul>
                  <p>
                   Authors of this Snacks own shares of: Microsoft, Uber, Delta, Nikola, CVS, Disney, Moderna, Netflix, and Google
                  </p>
                  <p>
                   ID: 1819443
                  </p>
                 </div>
                </td>
               </tr>
              </tbody>
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