|
|
Top investors are buying this “unlisted” stock |
|
When the team that co-founded Zillow and grew it into a $16B real estate leader starts a new company, investors notice. That’s why top firms like SoftBank invested in Pacaso. |
Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties – revamping a $1.3T market. |
By handing keys to 2,000+ happy homeowners, Pacaso has already made $110m+ in gross profits. |
Now, after 41% gross profit growth last year, they recently reserved the Nasdaq ticker PCSO. But the real opportunity is now, at the unlisted stage. |
Until May 29, you can join Pacaso as an investor for just $2.80/share. |
Invest before the window closes. |
This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC. |
|
📰 Market Headlines |
|
Markets limped sideways on Thursday as investors digested the House's narrow approval of President Trump's tax bill. |
The Dow ended flat, the S&P 500 dipped 0.1%, Nasdaq gained 0.3%. |
Trump recommended a 50% tariff on EU goods across the board. |
Trump also threatened Apple with a 25% tariff on India-made iPhones, demanding the tech company move production to the US. Apple shares fell 4%—and analysts say U.S.-made iPhones could cost 25% more if made domestically. Wedbush’s Dan Ives estimates a $3,500 iPhone. |
Sam Altman teased a new OpenAI hardware device—despite the company’s cash burn. The plan? Launch with Jony Ive’s design firm (purchased by OpenAI for $6.5B) and ship 100 million units “faster than any company has ever shipped 100 million of something new before,” according to Altman. |
ProPublica exposed that over a dozen US officials made well-timed stock trades before President Trump's market-moving tariff announcements. Twitter accounts like the Nancy Pelosi Stock Tracker have exploded in popularity in recent years as investors either copy politician trades or accuse them of insider trading. |
And don’t miss today’s Curated Finance Twitter Roundup at the bottom—where we already found the high-value, diamond-in-the-rough tweets for you. |
|
😱 Fear and Greed Index |
|
🧠 Make yourself heard |
Should Stocks & Income to have a political portfolio tracker section? |
|
|
🤖 AI/Future/Tech News |
House Republicans passed a 10-year moratorium on state-level AI laws, advancing President Trump’s tech agenda by freezing new state AI regulation. Anthropic launched Claude 4 models for advanced coding and enterprise tasks, introducing dynamic tool use. Safety testers found that Claude Opus 4 resorted to blackmail 84% of the time in controlled scenarios. SpaceX secured FAA clearance for its ninth Starship test flight after two explosions. The hazard area doubled to 1,600 nautical miles. |
|
📊 Alternative Investing News |
|
|
Private equity firm EQT AB agreed to acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners. President Trump's $4 billion funding blockade against California's high-speed rail propelled private rail ventures like Brightline West into the spotlight. Clean energy stocks plummeted as the House passed legislation accelerating renewable tax credit expiration while preserving nuclear power incentives. |
|
🥇 The Industry AltIndex Is Watching Closely |
|
AltIndex uses alternative data and financial signals to flag top-performing stocks. But sometimes, the bigger signal isn’t one stock—it’s when multiple top picks come from the same sector. |
That’s happening right now. Can you guess which industry? These three stocks are your hint: |
|
These are some of the highest AI Scores on the entire AltIndex platform—but this is just 3 of them. You can sign up for a free AltIndex trial to see hundreds more stock picks like these. |
This isn’t a one-off. These are some of the highest AI Scores on the entire platform—part of a broader trend AltIndex is tracking. |
Always do your own research. |
|
|
⚔️ Trade Wars |
China’s Commerce Ministry escalated tensions by threatening legal action against organizations enforcing US semiconductor bans. President Trump discussed tariffs with Mexican President Claudia Sheinbaum, who again called for the 25% steel and aluminum levies to be cut. India and the US pushed for a deal before the 90-day tariff pause expires on July 9. Without agreement, a 26% US tariff on Indian goods will snap back. |
|
🪙 Crypto | BTC’s market share grew to 63% in the last week, as investors shunned altcoins. Texas lawmakers approved Senate Bill 121 to create a "Texas Strategic Bitcoin Reserve," putting state funds into cryptocurrency for the first time. |
|
|
|
💡 Ideas, trends, and analysis |
The US Treasury plans to stop making new pennies—and without them, businesses will have to start rounding cash transactions to the nearest nickel. The national debt topped $36 trillion as interest outlays now sit fourth behind Social Security, defense, and healthcare in government spending. Airbnb CEO Brian Chesky spotlighted a strategic advantage for startups launching in tough markets. |
|
|
🌍 International Markets | | 🇯🇵 Japan slashed its global economic outlook after its economy shrank 0.7% in Q1 and exports to the US slumped amid tariff pressures. 🇵🇱 Polish Prime Minister Donald Tusk raised alarms over critical infrastructure risks in the Baltic Sea after an incident involving a sanctioned Russian vessel. 🇨🇳 Former EU trade negotiator John Clarke signaled strong potential for China-EU green technology collaboration despite EV tensions. 🇦🇺 Australian fintech company GO Markets unveiled direct payment systems across Latin America through local processors. |
|
|
📗 Recommended Reading |
Do you like newsletters? We do. |
We put together a list of newsletters that our readers tend to enjoy, covering topics like: |
💸 Finance 🤖 AI 💰️ Wealth building ❤️ Health ✅ And more. |
Check them out to add more high-value reading to your daily routine. |
|
🎤 What you said last time |
|
“If the fed cuts rates early, the market folds.” |
🚚 Market movers |
Apple announced plans to launch smart glasses in 2026 and has shelved a camera-equipped Apple Watch. Strava snapped up cycling app The Breakaway after last month’s Runna deal, signaling a push to dominate digital training plans for athletes. |
📊 Earnings this week |
Advance Auto Parts reported a Q1 loss far below expectations and strong sales; shares soared 57% after results. BJ's Wholesale Club posted a 35% year-over-year surge in digital sales in Q1, powered by curbside pickup and same-day delivery; shares fell 1.3%. Intuit delivered a 15% revenue increase in Q3, with adjusted profit handily beating analyst forecasts; shares climbed 1%. Ralph Lauren saw Q4 profit rise with revenue up 8%, but issued cautious fiscal-year guidance expecting low-single-digit growth; shares still gained 1.3%. |
|
Twitter is full of amazing content and news—but also a lot of slop. |
We’ve gone through and picked out some top pieces of content we think you’ll get value from. Check them out: |
Marc Andreessen thinks AI breaks the economy—here’s how you can profit Bond auctions, explained—and why Treasury yields are everything right now Criticism of Trump’s criticism of Walmart criticizing his tariffs Even worse news about United Healthcare Group |
📺 What to watch today |
| Wienermobiles to compete in inaugural ‘Wienie 500’ at Indianapolis Motor Speedway |
|
|
That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, Brandon with Stefan & Wyatt |
|
|
|
|