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Charging along
To:Brew Readers
"AI money" is shaping the housing market...

Cough cough. According to Business Insider, a growing number of US employees are planning to fake calling in sick in order to snag last-minute tickets to World Cup matches when they (hopefully) become cheaper and watch some of the action IRL.

Definitely not us, though. We are firm believers in keeping the office AC and a second monitor running while crafting newsletters.

Matty Merritt, Dave Lozo, Molly Liebergall, Holly Van Leuven

In today’s newsletter, we’ll get into:

  • How AI money is shaping the housing market
  • New drone strikes near the Strait of Hormuz
  • The “6-7” trend’s fate after the pope used it twice in one week

MARKETS

Nasdaq

26,674.73

S&P

7,520.36

Dow

50,644.28

10-Year

4.481%

Bitcoin

$74,554.03

Snowflake

$175.26

Data is provided by

*Stock data as of market close, cryptocurrency data as of 6:00pm ET. Here's what these numbers mean.

  • Markets: The three major indexes finished yesterday up, and the Nasdaq and S&P 500 hit new records, due to a draft memo circulating from Iran that said it would reopen the Strait of Hormuz within 30 days following a peace deal—even though the White House disputed the memo’s validity.
  • Stock spotlight: The Force was not with Salesforce after the software company’s revenue outlook for the fiscal quarter fell short of Wall Street’s expectations.
 
         
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