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More than 200 have now died in Spain due to catastrophic flooding. We head back today, and this is the current state of our drive home. | |
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How to invest in horror films 🎬 |
Film investing is hot, and Horror is the most profitable film genre by far. |
There's a new way you can invest in horror films, and it's through one of our newest partners, Greenlit. |
Greenlit is a platform that connects investors to filmmakers. It allows investors to easily analyze, track and manage their investments. |
Alts is partnering with Greenlit to bring you exclusive access to a bundle of horror films currently in development. |
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Current offering: Horror film slate |
Genre: Horror/Comedy/Psychological |
Production: Disaster Capital Productions |
Funding: $1m total |
Current status: Development |
Film summaries: |
Children of the Sun Pioneers Hysteria Malacostraca Black Shabbas |
Why invest? |
We love slates as they de-risk your investment All preliminary budgets are $5m. The producer is in talks with international production partners to bring production costs under $1m while retaining the equivalent production value of a $5m film. Production is international and can get 25% tax rebates, which can be leveraged to secure debt and gap financing. |
Want to invest? |
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📰 Market Headlines |
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Markets tumbled after disappointing tech earnings. |
The S&P 500 and Nasdaq suffered their worst day in over a month, dropping 1.86% and 2.76% respectively. Microsoft shares dropped 6% after disappointing guidance overshadowed record earnings, wiping out $175 billion in market value. |
The Fed's preferred inflation gauge, PCE, dropped to 2.1%, inching closer to the Fed's 2% target. |
Starbucks unveiled plans to buy 200,000 Sharpies as part of its back-to-basics strategy after US store traffic fell 10% |
Russia hit Google with a $20 decillion fine for blocking pro-Russian YouTube channels. |
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🧠 Make yourself heard |
⚕️ What do you trust most for medical advice? |
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🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
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📊 Ideas, trends, and analysis |
| Gold prices hit an all-time high of $2,789 as election uncertainty spurred safe-haven demand. |
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🕵️ Notable | A key inflation measure dropped sharply to 2.1% in September, nearly reaching the Fed's 2% target. Weekly jobless claims fell to a five-month low of 216,000. |
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😱 Fear and Greed Index |
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📊 Winners and losers |
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Earnings, upgrades, and acquisitions |
Intel beat revenue expectations despite a 6% year-over-year decline; shares surged 15%. Apple exceeded expectations with iPhone sales up 5.5%, but shares dipped 1%. Amazon topped estimates, driven by 19% growth in both AWS and advertising; shares climbed 3.55%. Peloton raised its full-year adjusted EBITDA guidance despite a weaker forecast, as shares jumped 25%. |
Market movers |
Ford halted F-150 Lightning production for six weeks during slowing EV demand. VitalHub acquired Strata Health for C$32.3 million, expanding into electronic referral market with access to 500 hospitals. Google launched Search-grounded Gemini API for developers at $35 per 1,000 queries, aimed to reduce AI hallucinations. Boeing announced plans to cut 10% of its workforce starting mid-November. |
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🌍 Global Perspectives | | 🇮🇱 🇱🇧 Hezbollah rocket attacks killed seven in northern Israel. 🇮🇶 Iraq's parliament elected Sunni lawmaker Mahmoud al-Mashhadani as new speaker, breaking a year-long political deadlock. 🇪🇸 Spain's worst floods in generations killed 200+ after receiving a year's worth of rainfall in just eight hours. 🇹🇼 Typhoon Kong-rey made landfall in Taiwan with 156 mph winds, killing one person and leaving over 137,000 households without power. 🇸🇦 Archaeologists discovered a 4,000-year-old fortified town in Saudi Arabia. |
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📊 Crypto | | BlackRock filed for ETF share class approval with the SEC, joining over 30 other money managers seeking similar permissions. Asia has overtaken North America as the leading crypto development hub. Popular animation platform LottieFiles suffered a supply chain attack that injected crypto-draining malware. | |
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Diversify Your Portfolio with UpMarket's Hedge Fund Access |
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UpMarket is making it easier for accredited investors to access alternative investments. Here's why you should consider adding hedge funds to your portfolio: |
Diversification: Access uncorrelated strategies and new asset classes. Professional Management: Enjoy the potential benefits of professional risk management practices. Liquidity: Hedge Funds typically have regular redemption windows and can offer more predictable liquidity than other alternatives. Performance Potential: Aim for high returns, especially during market volatility. |
With UpMarket, you can invest in hedge funds and other alternatives seamlessly. Their platform has already helped investors deploy over $150 million into private markets. |
Ready to take your portfolio UpMarket? |
Explore Hedge Fund Opportunities |
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🎤 What you said last time |
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What you had to say: |
“ROYALS!” |
🧠 Errata | NASA's Perseverance rover caught a cosmic googly eye during a Martian eclipse. A new study found that parents trust ChatGPT more than doctors for children's health advice. The USDA warned homeowners about zombie trees that appear alive but are dead inside and pose serious safety risks. Voyager 1 phoned home using a transmitter unused since 1981, from 24 billion kilometers away. |
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📺 What to Watch Today |
| NASA's Perseverance rover captures Martian moon Phobos eclipse the sun |
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That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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