🍁 Canada fights back

16 Jan | Read Online

Wyatt from Alts
16 Jan

In partnership with

Have you already joined the Alts Community? If not, you’re missing out on gems like this.

Invest in the future of betting

Kutt is a new user-friendly P2P betting platform

You probably know that the online betting industry is booming. But what you may not realize is how frustrated users are getting.

While traditional betting operators rake in billions, they’ve alienated many of their users with high fees, outdated UX, and predatory practices.

Enter Kutt — the world’s first fully social peer-to-peer betting platform.

No predatory bookies.
No house edge.
Just people betting against each other…on sports, politics, pop culture, and more
And a growing community of engaged users building their own betting networks with friends

Today, you have the chance to invest in Kutt on Republic and become part of this transformation.

Sports betting is on fire, but it's at an inflection point. Users are looking for transparency, fairness, and social engagement. Kutt is a place where betting is fair, fun, and deeply social.

Why invest in Kutt?

Huge market. The US alone generates $15 billion annually in sports betting revenue. It ain't going anywhere.
Unique P2P angle. Unlike traditional sportsbooks, Kutt is a peer-to-peer betting platform, meaning users bet directly against each other with no “House” advantage.
Scalable business model. Kutt earns 3% on every bet placed — lower than traditional platforms while still maintaining strong margins.
Proven traction. Kutt had $520k+ in 2024 revenue. $1 million raised from early investors. Betting is legal in 40 states, and Kutt is approved to operate in al of them.

Investment details

Raising through: Republic
Who can invest: Both accredited & non-accredited investors, anywhere in the world
Investment Min: $100
Valuation: $9.5 million (pre-money)

Learn more about Kutt

Clicking the button will:

Take you to Kutt's investment page on Republic
Give Kutt permission to email you

✅ Yes, send me info on Kutt →

To learn more about Kutt without giving permission to email, click here.

📰 Market Headlines

Stocks surged yesterday on a cooler-than-expected inflation reading and strong bank earnings.

The S&P 500 jumped 1.8%, the Nasdaq soared 2.5%, and the Dow increased 1.6%.
Richmond Fed President said inflation is easing toward the 2% target but rates should stay restrictive.

Oil prices climbed more than 2% after US crude inventories dropped to their lowest level since 2022.

Canada prepared retaliatory tariffs on $105 billion worth of US goods if Trump imposes new trade barriers after taking office next week.

The Biden administration canceled loans for 260,000 former Ashford University students, completing its last major student debt relief move.

🎓 Get Smart

Still sore about not getting into Harvard Business School?

Jump into this Financial Markets course from Yale (yes, that one). You’ll get all the education and none of the hangovers.

🧠 Make yourself heard

🏛️ MBAs are

🤓 The pillars of civilized society

🥴 Worthless human beings

📊 Ideas, trends, and analysis

US consumer prices rose 2.9% with core inflation at 3.2%, below the forecast of 3.3%.

😱 Fear and Greed Index

📊 Winners and losers

Get $20 free shares at public.com using code ALTSCO.

Get my free shares →

Earnings, upgrades, and acquisitions

BlackRock reached record assets; shares climbed 2%.
Citigroup authorized $20 billion in stock buybacks; shares soared 6.2%.
JPMorgan Chase posted a record quarterly profit with revenue climbing 10%; shares rose 1.1%.
Synovus Financial beat Q4 earnings estimates; shares jumped 4%.
Wells Fargo beat earnings estimates and projected 1-3% higher net interest income for 2025; shares surged 6.6%.

Market movers

Meta added 200 megawatts of solar power to its 12-gigawatt renewable portfolio.
The FTC and two states sued John Deere, alleging illegal restrictions on farmers' ability to repair equipment.
Drake sued Universal Music Group for defamation, claiming the label promoted false allegations.
Google's NotebookLM had to teach its AI podcast hosts not to act annoyed at human interruptions.
Microsoft cut jobs across security, sales, and gaming teams.

🌍 Global Perspectives

🇮🇱 🇵🇸 Israel and Hamas agreed to a six-week ceasefire deal that includes the release of 33 hostages and Palestinian prisoners.
🇿🇦 South African authorities pulled 78 bodies from an illegal mine after a months-long siege where police blocked food and water supplies.
🇦🇺 🇷🇺 Australia threatened “strongest action” against Russia if captured soldier Oscar Jenkins is confirmed dead after interrogation video surfaced.
🇺🇸 🇨🇳 The US Treasury sanctioned over 150 companies and individuals, including dozens of Chinese firms, for supporting Russia's war effort.

📊 Crypto

Institutional OTC trading volumes doubled in 2024, jumping 106% after Trump's win and ETF launches.
Oklahoma became the sixth state to propose a Bitcoin strategic reserve.
Senator Tim Scott, chair of the US Senate Banking Committee, announced plans to establish a regulatory framework for digital assets.

Learn AI in 5 minutes a day

This is the easiest way for a busy person wanting to learn AI in as little time as possible:

Sign up for The Rundown AI newsletter
They send you 5-minute email updates on the latest AI news and how to use it
You learn how to become 2x more productive by leveraging AI

🎤 What you said last time

“I'm in the liquor industry, the Bourbon bubble has popped.”

🧠 Errata

For the first time, a Ring doorbell camera captured the sight and sound of a meteorite crashing to Earth.
Australian scientists discovered a new species of deadly funnel-web spider nicknamed “Big Boy.”
Astronomers spotted a supermassive black hole, as large as 700 million suns, shooting a giant energy beam directly at Earth. [Ed: what]
Scientists discovered an enormous underground reservoir in the Oregon Cascades, holding more than twice the amount of water in Lake Mead.