TOGETHER WITH

Hey there weekday warrior,

RIP 23andMe… and everyone who paid to hand over their DNA.

Enjoy the next 4 minutes and 10 seconds of blue-chip news and commentary.

Keep on snapping necks and cashing checks,

– tyler

Spitter and a quitter

Ok, hear me out, 23andMe... have you tried selling the genetic data of millions of humans to AI startups to train their models?

Former billionaire (“I’ll take ‘things you never want the CEO of a company you invested in referred to as’ for $800, Alex”) and founder of 23andMe $ME ( ▲ 25.96% ) , Anne Wojcicki, stepped down as CEO the same day the company filed for bankruptcy.

Of course, there were signs. Most notably: going public via SPAC in late 2020 at a $3.5B valuation.

Then last year, the DNA testing company cut nearly 40% of its workforce, and Anne made multiple low-ball offers to take the company private/save face. All of which the board rejected.

So what went wrong?

Where do we start?

23andMe failed to crack the one-and-done problem. Turns out, users weren't willing to pay to spit in a test tube more than once. Not to mention, the FDA forced it to stop marketing its cheek swab test that was about as effective as a Theranos blood test.

Plus, its pool of genetic data that gives Bonnie Blue a run for her money, was hacked in 2023. That resulted in a huge lawsuit (obviously), but more importantly, made consumers think twice before they’d hawk tuah and spit in that thang (and by thang I mean a 23andMe branded test tube).

It probably didn't help that they never managed to turn a profit.

So what's next?

The company's assets will be put up for auction. That's right, your genetic data will be sold to the highest bidder, which is great news for whoever is currently building the real-life version of the island from that Michael Bay movie where they keep spare human clones alive to provide spare organs for wealthy people.

Anne dropped a Woj bomb of her own and said that she resigned as CEO so that she could put together a bid for the company she started (…and ran into the ground).

And before you say "Tyler, you're overreacting," consider this: Cali's attorney general warned consumers to delete their 23andMe genetic data (although I'm not sure they actually understand how tech companies work…).

Copper is surging toward US$5 per pound as we kick off the new year

It makes sense. Copper is the metal of electrification… making it absolutely essential to the global energy transition.

We’re talking everything from wind and solar power generation and the much-needed revamping of electrical grids to EVs, 5G, and massive AI data centers.

The problem is… there may not be enough of the metal available to meet escalating demand.

The solution?

A top-tier copper asset in a safe jurisdiction. Kutcho Copper TSX-V: KC | OTC: KCCFF is sitting on…

1. A 100%-owned, high-grade copper-zinc project in British Columbia, Canada—a Tier-1 mining jurisdiction.

2. 1.1 billion pounds of copper equivalent already confirmed—with massive exploration upside.

And drilling is set to expand resources in the historically underexplored district.

With copper prices soaring towards $5/lb and a looming copper shortage, now is the time to take advantage.

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+ ”Co-manager and co-manager.”

OpenAI COO Brad Lightcap is doing his best Dunder Mifflin Scranton co-manager impression with a new stepped-up role. Brad will expand his focus to cover OpenAI’s “business and day-to-day operations” which means picking up some slack from Sam, who will presumably turn his attention to defeating his mortal enemy Elon Musk.

The COO will be handling strategy, partnerships, and global deployment, which means making sure SoftBank’s $SFTBY ( ▼ 10.62% ) $40B investment doesn't disappear faster than Mira Murati’s tenure as CTO.

B-Rad wasn’t the only Altman Disciple who had some LinkedIn updates to make on Monday. Longtime exec Mark Chen will take on the role of chief research officer, and Julia Villagra will step into the role of chief people officer.

+ “Here? You sure?” - Louisianans, probably 

Hyundai $HYMTF ( ▼ 2.1% ) just dropped a $21B bribe investment to dodge Donny Tariff’s wandering Eye of Sauron. Part of that investment for the South Korean carmaker will include building a $5.8B steel plant in Louisiana. It’ll also drop a 3rd US automotive plant in Georgia. Here? You sure? - Georgians, probably

The move makes sense as Hyundai is scrambling to avoid #47’s April 2 tariff deadline (which, smart). Taiwan Semiconductor $TSM ( ▼ 6.72% ) and SoftBank $SFTBY ( ▼ 10.62% ) pioneered this playbook (think: sweet talk the White House with girthy capex in the hopes of avoiding tariffs).

+ Straight to jail tariffs. No trial, no nothing. Donny Trade War announced that countries that purchase oil and gas from Venezuela (so, mostly China) will get slapped with a 25% retaliatory tariff with the US beginning April 2.

+ Goals. An anonymous Berkshire Hathaway $BRK.A ( ▼ 6.54% ) employee just locked wayyy TF in and claimed the Oracle of Omaha’s $1M grand prize for correctly picking 31/32 March Madness Round 1 games. That’s the first time it’s been done since the competition began in 2016. Actually, a dozen employees guessed 31/32 correctly, but this guy or gal picked 29 consecutive games. The other 11 are still walking away with $100k. Or as Warren calls it… ashtray money, bro.

Meanwhile, the wet blankets the securities regulator in Massachusetts is launching an investigation into Robinhood’s $HOOD ( ▼ 9.8% ) prediction-markets (read: sports gambling) hub. Don’t get it twisted, American freedom is under attack.

+ Vlad Tenev can’t catch a break (not that he deserves it). Competitor eToro filed for an IPO yesterday.

+ Old head Dun & Bradstreet $DNB ( ▼ 2.35% ) is getting snatched up by PE firm Clearlake Capital for $4.1B. That’s the end of D&B’s 2nd attempt as a public company in its 184-year history. How old are they? They’re so old that, no lie, Abe Lincoln worked for D&B.

+ Four fishermen from Indonesia are suing Bumble Bee Foods for human trafficking and forced labor. Tuna is a dirty, stinky business.

+ US stocks “closed near session highs on Monday as investors welcomed reports that the next wave of President Trump's tariffs will be narrower than expected.” (Yahoo! Finance)

+ The 10-year yield was “higher on Monday on reports President Donald Trump was backing off an all-out trade war, raising hope the U.S. economy could keep its expansion going.” (CNBC)

+ Oil “prices gained 1% on Monday as U.S. President Donald Trump said he will impose a 25% tariff on countries that buy oil and gas from Venezuela.” (Reuters)

+ Bitcoin “jumped Monday as investors cheered reports suggesting U.S. President Donald Trump may take a more measured approach to implementing new trade tariffs on April 2.” (Investing.com)

+ The three most talked about stocks on WallStreetBets in the past 24 hours were: 1) Visa +2.4% 2) Nvidia +3.1% 3) Hims & Hers Health +7.6%

⏪ Yesterday…

+ Intuitive Machines dropped earnings before the bell

+ Oklo reported after the bell

⏩ Today we’re keeping an eye on…

+ Rumble drops earnings before the bell

+ GameStop reports after the bell

+ International Paper’s Investor Day

Yesterday, I asked, “After the first weekend of the NCAA Tourney, how many Final Four teams are still alive on your bracket?”

61.3% of you said 4.

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

• 3: “Whatever, the folks with 4 teams are afraid of risks. Chalk is for p*ssies.”

• 4: “Chalkiest opening weekend in years.”

• 3: “Picking all 1 seeds shouldn't be allowed.”

• 4: “LOL at St. John's. A two pump chump just like their head coach.”

And 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 Disclaimer

This content was produced on behalf of Kutcho Copper TSX-V: KC | OTC: KCCFF and sponsored by the company. The influencer was compensated $1,000 by Research Stock Digest to create this content. This is not financial advice, and viewers are encouraged to consult a financial professional before making investment decisions. Investing in companies involves significant risks, and past performance does not guarantee future results. Please do your own research.