Macy's is trading below book value, meaning the market thinks that Macy's is worth less than its assets, which include an estimated $6 billion in real estate. Translation? Macy's buildings may be worth more than its retail business. Stocks tumbled yesterday as President Donald Trump opened up a new front in the trade war, promising to impose massive tariffs on the EU after the bloc prepared a response to levies on steel and aluminum. The S&P 500 fell and is now down 10% from its February 19 peak in what is often called a "correction" (but why does this feel so wrong?). 🍀 Feeling lucky? Test your business knowledge with this week's quiz: |
- Based on forward price to earnings, which company is currently the most expensive in the S&P 500?
Check your answer.
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Since the emergence of DeepSeek, the modern arms race is not US vs. USSR over nukes, but China vs. America for dominance in AI. And it seems OpenAI is afraid that the odds are stacked for China. In a 15-page letter, OpenAI's VP of global affairs detailed several "advantages" that China has, such as: |
- It's an authoritarian state, so it can do basically whatever it wants!
- China's models aren't restricted by pesky IP laws and can train on whatever content they please.
- China doesn't have to comply with troublesome state laws.
- And more!
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It's worth noting that the majority of the technology driving today's AI explosion was all created in the US. That's true even as companies get paid for their content to be used in training AI models, and notwithstanding a small government request that new, large models get a safety review so they don't tell users how to kill the most people for $1. |
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This isn't the first manifesto from OpenAI loudly proclaiming what America MUST DO NOW to win in AI. In January, the company issued an "AI in America" blueprint, which had a lot of the same asks for voluntary "rules of the road" over federal legislation and exclusion from state AI regulations. We all want America to win this AI race, sure. But it's hard to argue with the value of "red teams" making sure AI isn't going to be used for evil and that there aren't serious issues with some of DeepSeek's answers. |
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Isn't It Time We Build Houses Like Everything Else? |
BOXABL thinks assembly line automation can lead to building homes faster, at a higher quality, for a lower cost. Protected by 53 patent filings, BOXABL has raised over $170M since 2020 from over 40,000 investors.
They believe BOXABL has the potential to disrupt a massive and outdated trillion dollar building construction market.
The BOXABL investment round is now closing on StartEngine. Invest in BOXABL on StartEngine before it's too late!1 |
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In a country wracked with division over the decline in domestic manufacturing, which has spent years spiraling over a shift from a country that used to make things to one that now appears to lack that capacity, and where the quest to bring back manual jobs has become a hot-button political issue, finally there appears to be a shift led by a fast-growing, agile manufacturing outfit pulling in a half-billion in revenue annually that may very well be opening a location near you. Sure, skeptics might chafe at such things as "a reliance on the labor of children," but by gum you can't argue with their results, a do-it-yourself spirit that many fear the country had altogether abandoned. Yes, people, Made in America is back.
I refer, of course, to Build-A-Bear Workshop, the store where kids can make their own teddy bears. It's just notched its fourth consecutive year of record sales, which makes it a great triumph of the American factory, as long as you don't think too hard about where the component parts are made, I guess. Read more about this luminary of American industrial might and fabrication prowess. |
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Reporter Hyunsoo Rim noticed a chilling stat in the latest jobs report: the number of us holding down two or more jobs has hit a level not seen in 15 years. What's driving the surge? |
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Inside: The Future of Home Construction?
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Now is a great time to invest in BOXABL, as we are gearing up for Phase 2! Phase 2 is our plan to significantly expand BOXABL's total addressable market, allowing modules to be configured into larger townhomes, single family and apartments. Don't miss out on investing in BOXABL on StartEngine!1 |
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Yesterday's Big Daily Movers |
- Adobe got lassoed down by a weak outlook and disappointing AI monetization progress
- Intel was the best performer in S&P 500 as investors rallied around the arrival of a new CEO, Lip-Bu Tan
- Dollar General shares climbed as budget shoppers boosted sales
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- Going for gold and paying for it: Comcast just shelled out $3 billion for the rights to the Olympic Games through 2036
- Interested in working for Meta? Good news! Soon, you'll be able to moderate Meta content… in exchange for $0
- Tesla's new affordable car is reportedly just a stripped-down version of the Model Y
- Cars are so over anyway. Tanks are in. At least in Germany, where Rheinmetall is now worth more than Volkswagen
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- When BOXABL last opened a Reg A investment opportunity, they maxed out the $75M regulatory limit. BOXABL believes their new $20,000 house is the key to unlocking even greater potential — discover the offering here.1
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- March preliminary consumer sentiment
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Advertiser's disclosures:
1 The minimum investment is $1,000. This is a paid advertisement for the Boxabl Inc. Regulation A offering. Please read the offering circular and related risks at www.boxabl.com/invest#circular. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. |
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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
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