After our first investor trip to Mexico, one thought kept bubbling up:
❝
Agave is such a great ingredient. How come more companies don't use it?
As it turns out, one premium cocktail company is indeed using blue agave. They're called Melograno, and we met the team on our investor trip to Nashville.
Melograno delivers innovation in the RTD category on the leading edge of global and consumer trends: non-carbonation, healthy lifestyle, premiumization, and natural, “Better for You” ingredients.
Melograno is currently raising a round of funding to expand the brand further. We don't normally offer RTD opportunities, but this is definitely one to look at.
President Trump signed an executive order to begin dismantling the Department of Education “once and for all”, while preserving Title I, Pell Grants, and disability programs.
Military leaders from 30+ countries met to discuss a potential Ukraine peacekeeping force as ceasefire talks progress.
Darden Restaurants delivered a positive dividend declaration after adding 103 Chuy’s locations, surging shares 6.1%.
FedEx announced plans to spin off its freight trucking division, which edged up shares by 0.5%.
Lands' End provided FY guidance noting a net loss of $130.68 million; shares climbed 2.8%.
Micron Technology anticipated Q2 revenue of $7.89 billion ahead of earnings, however shares slipped 0.2%.
Nike announced upcoming earnings amid a digital strategy revamp, dropping shares 0.4%.
Market movers
Tesla recalled approximately 46,000 Cybertrucks after detecting a hazardous trim panel detachment, as prominent investor Ross Gerber calls for Elon to step down
Anthropic launched a web search for Claude 3.7 Sonnet, enabling paid US users to access real-time citations for current data.
GM and Hyundai explored a mutual deal to share electric vans and pickup models in North America.
Segway recalled two KickScooter models after 68 folding mechanism failures led to 20 injuries.
IBM cut thousands of jobs in its US Classic Cloud IaaS division, impacting up to 10% of the portfolio.
📊 Crypto
Bitcoin broke a 4-month downtrend, climbing above $86,000 after encouraging Fed signals.
Nasdaq and NYSE are moving toward 24/7 trading to match crypto markets.
Pakistan unveiled plans to legalize Bitcoin and implement a regulatory framework to attract foreign investment.
Nvidia CEO Jensen Huang predicts every company will become an “AI factory” generating tokens that power AI systems.
🌍 Global Perspectives
🇮🇷 French tourist Olivier Grondeau was freed by Iran after 887 days in detention for alleged conspiracy against the Islamic republic.
🇫🇮 Finland was crowned the happiest country in the world for the eighth consecutive year while the US plummeted to 24th place.
🇲🇰 North Macedonia's nightclub fire death toll reached 59 as investigators revealed the venue was operating illegally with locked emergency exits.
🇮🇩 Indonesia's parliament passed controversial amendments to military law amid growing concerns over increased military influence in civilian affairs.
🎤 What you said last time
A rare tie!
What you had to say:
“Hell yeah for gullibility and ignorance. They deserve to lose every dollar they possess if they sign up. Make it a TV show!”
🧠 Miscellanea
An anonymous website, dubbed Dogequest, published personal details of Tesla owners nationwide.
A Venezuelan professional soccer player was controversially deported to El Salvador after authorities misinterpreted his soccer tattoo as a gang sign.
The James Webb Space Telescope’s latest carbon dioxide study revealed high levels in four giant exoplanets, indicating a link between solar systems.
📺 What to Watch Today
Tesla owners targeted in alleged doxxing campaign on ‘Dogequest’ website
That’s all for today. Did I miss anything? Smash the reply button to let me know.
