Major airlines, including Southwest and American, withdrew their 2025 guidance, citing tailspinning domestic demand.
The $Trump memecoin has surged over 70% this week over news that he would host a dinner for its top 220 holders.
The underrated way to invest in US housing
Hometap lets you invest directly in the future value of US homes — without the complexity that historically comes along with large-scale residential real estate investing.
This is a brand-new asset class that has experienced tremendous growth in the past couple of years. It’s not a REIT. Not a mortgage. And not a flip.
It’s an HEI, or Home Equity Investment.
This is actual equity in real homes, held by real people. When home values increase, you share in the appreciation. If they don't? Your investment includes downside protection.
Hometap is turning passive equity into active returns for accredited investors.
Why invest in HEIs?
High Sharpe ratio
Strong, risk-adjusted returns
Low correlation to stocks
Truly passive real estate exposure with downside protection
This is one of the most overlooked stories in US housing. Now’s a great time to take a closer look.
Psst — Are you a homeowner? Get cash to pursue your financial goals.
Hometap offers cash in exchange for a share of your home’s future value.
There are more flexible qualification criteria when compared to traditional financing products such as HELOCs, and there are no monthly payments. Learn more.
😱 Fear and Greed Index
Finally out of “Extreme Fear” and into “Fear” as optimism spreads…
🧠 Make yourself heard
Are you in favor of Trump hosting a dinner for his coin holders?
Alphabet beat Q1 earnings; shares jumped 2% ahead of the announcement.
American Airlines posted Q1 revenue just above estimates; shares climbed 3.11%.
Southwest Airlines announced plans to reduce capacity while still projecting modest YoY growth; shares jumped 3.68%.
Intel delivered Q4 revenue just shy of estimates in the face of ongoing challenges; shares jumped 4.37%.
PepsiCo missed earnings estimates after acquiring prebiotic soda brand Poppi for nearly $2 billion; shares fell 0.84%.
T-Mobile extended its partnership with Nokia to enhance 5G network coverage; stock rose 1.09%.
Market movers
Ford Motor announced a breakthrough in lithium manganese battery technology that could lead to more affordable EVs.
Meta laid off an undisclosed number of employees in its Reality Labs division, affecting teams working on VR content.
Anthropic launched a research program to study AI “model welfare,” exploring whether future AI models could develop consciousness.
ConocoPhillips confirmed workforce reductions following its acquisition of Marathon Oil. The exact number of layoffs remains undisclosed.
Publisher Ziff Davis sued OpenAI in federal court, claiming ChatGPT relied on copyrighted content from ZDNet, PCMag, and others without authorization.
📊 Crypto
The official $Trump memecoin jumped over 70% after President Trump offered a gala dinner invite to its top 220 holders investing over $395,000.
Crypto advocates in Switzerland launched a campaign urging the Swiss National Bank to add Bitcoin to its nearly $1 trillion national reserves.
BlackRock’s iShares Bitcoin ETF was named Best New ETF after pulling in $643 million in daily inflows, its highest since January.
📊 Ideas, trends, and analysis
Germany's economic growth forecast was cut to zero for 2025, with the German Economy Minister citing President Trump's tariff policies as the primary culprit.
🌍 Global Perspectives
🇲🇽 Two members of a search group that uncovered Mexico's “ranch of horror” were shot and killed by gunmen.
🇵🇰 Pakistan suspended all visas for Indian nationals and closed its airspace to Indian flights after a militant attack in Kashmir killed 26 tourists.
🇨🇩 DR Congo and Rwandan-backed M23 rebels agreed to a ceasefire during Qatar-mediated peace talks.
🇹🇿 Tanzania banned agricultural imports from South Africa and Malawi in an escalating regional trade row that threatens established export routes.
🇬🇧 The UK government banned exports of video game controllers to Russia, as they can be repurposed to pilot attack drones.
🎤 What you said last time
“I smell blood, it'll probably not be a pretty year, but I'm increasing contributions and riding it out.”
🧠 Miscellanea
A magma cap that stops super-eruptions was discovered in Yellowstone; geologists say the system is “efficiently venting gas” for now.
Scientists discovered a rare Hawaiian caterpillar lineage, dubbed the “bone collector,” that wears insect carcasses.
The world's largest solar telescope turned on its powerful new VTF camera, capturing a breathtaking image of a continent-sized sunspot.
A 113 million-year-old fossil found in Brazil is the oldest ant specimen ever identified, belonging to the extinct “hell ant” group.
A Dutch town admitted it “most likely” trashed 46 artworks, including an Andy Warhol print of Princess Beatrix, during town hall renovations.
📺 What to watch today
The Weather Desk: New Jersey wildfires update, Yellowstone's magma cap, space journey preparations
That’s all for today. Did I miss anything? Smash the reply button to let me know.
