While Nike’s stock sinks amid several quarters of disappointment, Reebok appears to be undergoing a revival of sorts. “We do a wonderful job of content. We’re very careful of the players we select. One of our first selections was [WNBA star] @Reese10Angel … Her shoe has just been sold out,” NBA legend @SHAQ told me at the Milken Institute conference this week. The former Laker is now Reebok’s president of basketball and the second-largest individual shareholder in its parent company, Authentic Brands Group. “We just do things that are very, very strategic,” he added. “You know, for me it’s trying to reintroduce Reebok to the kids … We’ve doubled in business [just like Authentic Brands Group CEO Jamie Salter has said] and we plan on continuing to grow.”

When in doubt, blame AI for a poor quarter:

The latest crypto winter doesn't look that bad if you use this chart:

Retail risk appetite is at record levels: 0DTE options contracts now account for a record 48% of total retail options volume. This percentage has more than TRIPLED over the last 5 years. Furthermore, 0DTE options reflected a record 30% of total US options volume in May. By comparison, the 2022 high was ~18% while the average over the last 5 years is ~21%. As a result, the average options contract now expires in under 3 days. Retail demand for short-term options has never been higher.

The US stock market has never been more dominant: US stock market capitalization is up to a record ~$81 trillion, now accounting for ~48% of global market cap. This exceeds the world's 2nd largest stock market, China, at $17 trillion, by 375%. The US stock market is now twice as large as that of China, Japan, Hong Kong, and Taiwan combined. It is also larger than the next 18 stock markets combined. The Magnificent 7 stocks alone are now larger than China's market value. The current scale of the US stock market is unprecedented.

Trump Accounts potential future impact:

Novak Djokovic advances to the Wimbledon quarterfinals in historic fashion 👏 He passes Roger Federer's mark for most career wins at the tournament with his victory over Roman Safiullin.

July 4 weekend BBQ chatter: big run in stocks since 1792

The AI economy:

Shoppers are defying their own odds:

AI bubble fears, the endless K-shaped economy, and insane hyperscaler capex spending finance.yahoo.com/markets/ar…

ERIC BADLANDS BOOKER NEW WORLD RECORD IN THE NATHAN'S FAMOUS LEMONADE CHUG 🍋

Is Joey Chestnut the greatest athlete of all-time? 🤯🌭

"No one has ever been a success betting against America since 1776 — and they're not going to be a success in the future doing it, either." – Warren Buffett

Micron $MU stock is now the best performing stock in the S&P 500 over the last 5 years 🥇 Micron $MU 1,114%🟢 🥈 Western Digital $WDC 916%🟢 🥉 Nvidia $NVDA 851%🟢

Tiger Woods on what it takes to be a savage. "It's do all the nitty gritty details that are ugly, hard, and mundane...Quite frankly, a lot of times you don't see the results for maybe years to come, but it's the little details that it takes each and everyday to be successful." Excellence filters people out through boredom, discomfort, and delayed rewards. It lives in the details that most people don't have the discipline or patience to honor every day. 📹: Skratch

Coinbase is one of the most AI-enabled companies in the world, based on all the feedback I hear. We’re in the age of the super builder.

Global stock market cap: $167 trillion. The US is half of that.

Axon CEO Rick Smith started his company in his garage in 1993. Today his company is a $40 billion empire specializing in tasers, AI, and drones. Smith tells Brian Sozzi his company's single mission: to make the bullet obsolete. yhoo.it/4y2DpHa

From tech titans to retail moguls, we mapped out the definitive corporate leader for all 12 zodiac signs. Who built your corner office? 🧑‍💻

@icecube says "Jump Street" is coming together. 🔥