TOGETHER WITH

Hey there weekday warrior,

Mixing things up a little bit. I’m getting tired of a missionary intro. Going to try some new stuff. Like revisiting stories from TWC’s past (think: ‘where are they now?’), this week in history, some data and graphics, and more. If you love it, let me know. If you hate it, just keep it to yourself.

Today we’re getting into Liz Holmes’s comeback, a US-China “trade deal," and Lyft’s epic day. But first...

In the May 11, 2023, edition of The Water Coolest, we covered this Tweet from Elon: "Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops." We didn’t know it at the time, but that CEO would end up being Linda Yaccarino.

In a shocking twist, Linda has not only managed to survive as CEO, but she’s successfully rebuffed the sexual advances I just kinda assume he’s made.

Lind was even able to grow X/Twitter’s ad revenue in 2024 (ok, sure, that might have had something to do with Elon’s political connections and the run-up to the election).

Enjoy the next 4 minutes and 27 seconds of blue-chip news and commentary.

Keep on snapping necks and cashing checks,

– tyler

NOT The Onion

Today in ‘sh*t you can't make up’...

Federal inmate 24965-111’s (read: Elizabeth Holmes) baby daddy is raising money for a... get this... biotech testing startup.

And guess who's serving as an advisor? That's right, Lizzy Legal Trouble, herself. Because, apparently, she's learned nothing about mixing business with pleasure (see: thirsty texts sent to her former co-founder/lover Sunny Balwani).

The company is called Haemanthus, which is Greek for "blood flower." Yes. Really.

Haemanthus uses Raman spectroscopy, which [*asks ChatGPT*] can "analyze the vibrational modes of molecules, providing information about their structure and composition."

Along with AI (because, duh), the tech will reportedly help detect ALS and certain cancers.

The company has apparently raised money from family and friends. And apparently, they have never heard the saying ‘friends don’t let friends marry convicted felons.’

Haemanthus won't give Holmes a formal role... for obvious reasons. But she's been giving her conjugal visitor free insights. And when she isn't getting her consultant on, she's allegedly working on patent filings for when she gets out.

Speaking of which... last week, a federal appeals court upheld her conviction for scamming investors with her blood-testing startup.

What’s the over/under on how long until an AI creator-economy startup has Luigi Mangione on its board?

Could this company do for housing what Tesla did for cars?

Most car factories like Ford or Tesla reportedly build one car per minute. Isn’t it time we do that for houses?

BOXABL believes they have the potential to disrupt a massive and outdated trillion-dollar building construction market by bringing assembly line automation to the home industry.

Since securing their initial prototype order from SpaceX and a subsequent project order of 156 homes from the Department of Defense, BOXABL has made substantial strides in streamlining their manufacturing and order process. BOXABL is now delivering to developers and consumers. And they just reserved the ticker symbol BXBL on Nasdaq*.

BOXABL has raised over $170M from over 40,000 investors since 2020. They recently achieved a significant milestone: raising over 50% of their Reg A+ funding limit. BOXABL is now only accepting investment on their website until the Reg A+ is full.

Invest now before it’s too late.

*Ad disclosures below

+ “Say less.” - whoever is advising POTUS on his trade negotiation Truth Social posts

Over the weekend, American and Chinese officials got together in Geneva, Switzerland (which I hear is lovely this time of year) to hold preliminary trade talks.

So, what happened? Welp, according to #47’s social media post, the two sides made “great progress.” And “many things” were discussed and “much [was] agreed to.” This is the political equivalent of…

It’ll probably be a minute before we get a trade deal between the US and China. As you can probably tell from the erm, “limited details” from the 10-hour talks, this was the negotiation before the negotiations. The White House says we’ll learn more today…

+ The perfect quarterly report doesn’t exi—

Lyft $LYFT ( ▲ 3.33% )  put on a clinic Friday when it dropped earnings. The top and bottom line beat was the least impressive part. It posted its 16th straight period of gross bookings growth. And it doesn’t expect the good times to slow down. Lyft’s CEO said he doesn’t see anything to worry about with consumer demand…

And to really sell just how confident it is, Uber’s little brother increased its buybacks from $500M to $750M. Oh, and did I mention that activist investor Engine Capital agreed to suspend its proxy fight? Shared mooned more than 20% on the day…

+ Your move, Tim Cook…

Apple’s $AAPL ( ▼ 0.09% ) got a big decision to make: approve Fortnite or lawyer up (again). On Friday, Epic Games tweeted this…

This is a BFD. It marks the first time Fortnite is looking to be included on the App Store since 2020. You might recall that Apple booted the game developer for allowing users to circumvent the “Apple tax” (read: the 30% cut Apple takes from every sale on the App Store) by sending them to Fortnite’s website to make in-app purchases.

What followed was a 5 (ish) year legal battle that ended with Apple being forced to allow apps in the App Store to provide payment options outside of its ecosystem.

+ Big pharma has gotta be big mad. On Sunday, President Trump said he plans to sign an executive order demanding “most favored nation” drug pricing. I’ll save you the Perplexity search… it means that pharmaceutical makers would need to offer the US government the same price as the lowest-paying countries. Friendly reminder: drugs are expensive af in the US.

Other countries negotiate using the scale of their universal healthcare systems.

+ US stocks “wobbled on Friday after President Trump hinted more trade deals are coming and raised the possibility of a cut to US tariffs on Chinese imports ahead of talks between the two countries this weekend.” (Yahoo! Finance)

+ The 10-year yield was “little changed on Friday as investors remained optimistic about the U.S. striking more trade deals on tariffs with international trade partners.” (CNBC)

+ Oil “prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing.” (Reuters)

⏪ On Friday…

+ TeraWulf and Enbridge reported before the bell

+ Federal Reserve speakers were back on their BS after the end of the blackout period

⏩ Today we’re keeping an eye on…

+ Monday.com, Hertz, and Redwire report before the bell

+ Rigetti, Archer, NuScale, Plug Power, Simon Property Group, GigaCloud, Indie Semiconductor, and ZoomInfo Technologies report after the bell

+ Samsung will hold a launch event for the Galaxy S25 Edge

On Friday, I asked, “What is the best dessert from McDonald's?”

41.3% of you said “McFlurry.”

Here’s what some of you guys had to say…

• McFlurry: “That thrill you get when the machine isn’t broken is worth it alone”

• Apple pie: “So good it's worth the mouth burn”

• Milkshake: “I feel like their milkshakes don’t get the love they deserve in pop culture. They taste exactly the same as they did in the 80s. If it ain’t broke…”

• Hot fudge sundae: “With the nuts and then scraping the remnants of chocolate out of the curvature of the cup. Solid treat from mom that we didn't tell dad about spending the money on.....Thanks for the memory jog!”

• Other (write-in): “You have dessert at McDs?! Get your ingestion of every chemical, artificial flavoring, and cancerous colorings in their gooey messes that hold their form for days. No. Thank. You. ”

Here’s today’s question…

Oh, and one more thing…

Does this look like the face of a guy you should take financial advice from?

No, it’s the face of an individual who is financially irresponsible/dumb enough to be talked into spending money on a family photo shoot that he could have just done with his iPhone. So, act accordingly...

This is not financial advice. Nothing in this newsletter is an investment recommendation. All content is created for entertainment, educational, or informational purposes only. Do your own research, or do yourself a favor and hire a professional.

Advertiser Disclosures

This is a paid advertisement for BOXABL’s Regulation A offering. Please read the offering circular here. This is a message from BOXABL.

*Reserving a Nasdaq ticker does not guarantee a future listing on Nasdaq or indicate that BOXABL meets any of Nasdaq's listing criteria to do so.