🌝 Lunar landed

…and a sports-streaming mega-bundle gets sued   Columbia Sportswear tests its mettle on the moon (Intuitive Machines)   [Sponsored by]( Yesterday’s Market Moves   Dow Jones 39,069 (+1.18%) S&P 500 5,087 (+2.11%) Nasdaq 16,042 (+2.96%) Bitcoin $51,408 (-0.86%) Dow Jones 39,069 (+1.18%) S&P 500 5,087 (+2.11%) Nasdaq 16,042 (+2.96%) Bitcoin $51,408 (-0.86%) Hey Snackers, NASA is seeking four people to live like astronauts for 378 days in a Mars habitat simulation. The program is looking for 30- to 55-year-olds with STEM backgrounds willing to go a year without walking outdoors, calling friends, or making late-night taco runs. Stocks had their best day of the year so far, and the S&P 500 hit a fresh record after [Nvidia]( blockbuster earnings. Yesterday the chip titan’s stock gains added $277B to its market cap (more than the value of [Netflix](. It was the biggest single-session value spike ever. 🧠Chef’s quiz: Our [Snacks Seven Quiz]( is fresh outta the oven. Here’s a taste: - Which category makes up over half of [Walmart]( sales? ([Check your answer]( Artemission Intuitive Machines’ moon landing makes history — and beats rival space companies “Zetus Lapetus”… Yesterday a US spacecraft landed on the moon for the first time since the 1972 Apollo mission. The lander, launched from a SpaceX rocket, is the first commercial vehicle to make a lunar landing. The private company behind the lander, [Intuitive Machines]( went public just last year. Investors seem to think it’s going to the moon: the stock has nearly quadrupled this year. - Cargo: The lander carried 12 gov’t and commercial payloads, including science projects, 125 moon-inspired Jeff Koons sculptures, and insulated clothing from [Columbia Sportswear]( that’ll be put to the test against extreme temps. - Funded: NASA backed the mission with a $118M contract as Uncle Sam looks to the private sector to get Americans on the moon and beyond. - Next stop: Matt Damon’s home planet, Mars. NASA wants to “establish the first long-term presence on the Moon,” and then send the first astronauts to Mars. One small step for man… one big step for biz. Intuitive’s lunar journey is the second mission under NASA’s $2.6B Commercial Lunar Payload Services initiative, which is part of its Artemis program. The first try at touching moon dirt, made by rival Astrobotic Technology, failed after its lander suffered a critical propulsion fault. Altogether, NASA’s making its gov’t moola available to 14 companies that can bid on payload-delivering moonward missions. Intuitive, Astrobotic Technology, and Firefly Aerospace all have more lunar-landing attempts planned for this year. Jeff Bezos’ Blue Origin won a $3.4B NASA contract last spring to build crewed lunar spacecraft, while SpaceX secured $2.9B toward the same goal in 2021. THE TAKEAWAY The next lunar race will be private… As NASA pours $$ into private space cos, investors are following: there are at least 22 lunar-oriented companies raising funds, with $780M+ in private investments powering the lunar industry over the past decade. Most of that cash has gone toward simply getting to the moon, but the moon-conomy could soon expand to mining resources, building habitats, and testing more products in space. Sponsored by Nasdaq The view from above… …doesn’t always come out on top. Pro traders make strategic decisions by getting the 360 view, [from depth-of-book data](. That info offers real-time visibility on other traders’ open buy and sell orders (aka the order book), which can be used to anticipate potential shifts. Ears to the ground… [Nasdaq TotalView]( makes depth data available to retail investors, too. It’s pro-level information at a non-pro-level price, providing deeper insights into the true supply and demand for a particular security. Nasdaq TotalView is available in popular retail brokerages and via Nasdaq BookViewer. [Learn more — and start trading smarter](. StreamOn A powerful sports-streaming trio gets sued, showing it’s a threat to rivals (and cable) New clique in town... This week, live sports-streaming service [FuboTV]( [sued]( [Disney]( [Fox]( and [Warner Bros. Discovery](. At issue: the trio’s announcement of a joint live-sports platform, which will feature feeds from 14 networks and cover over half of all US sports rights (recall: Disney owns ESPN). The mega-streamer will include games from major leagues like the NFL, NBA, and MLB, plus several college sports. It’s set to roll out this fall, but Fubo argues it could inflate licensing fees and raise streaming prices. - Too big to play: In its lawsuit, FuboTV called the move “extreme suppression of competition in the U.S. sports-focused streaming market.” - Hardball: If the bundle’s priced at less than Fubo’s $80/month basic plan (which offers streams of 180+ channels), it would pose a serious threat. It would also rival other live TV streamers like YouTube TV and Sling TV (think: cable, but streamed). Step aside, “Love Is Blind”… The real competition in streaming isn’t for season six — it’s for game six. Last year, streamers spent $6B on live-sports rights as they competed to woo subscription-fatigued consumers. From Netflix’s $5B WWE deal to [NBCUniversal]( Peacock-exclusive NFL games, the sports frenzy has revved up this year. It seems to be paying off: Peacock said its NFL playoff game was the most-streamed live event in US history, and [Apple]( TV+’s MLS deal netted 110K sign-ups in one day. THE TAKEAWAY The real threat is to cable… While the sports alliance is bad news for rival streamers like Apple, [Amazon]( and Netflix, it could be a game-ender for cable. Live sports are the one thing keeping many from cutting the cord, and streamers are vying to sever it. CNBC reported that pay-TV execs are privately expressing concern that the trio’s bundle would lead to surging cable cancellations. But it could face antitrust challenges. What else we're Snackin' - [Surprise]( Moderna posted a surprise quarterly profit thanks to cost cuts. Covid vax sales have plunged, but Moderna’s hoping its RSV vax gets approved soon: the market is already lucrative for rivals GSK and Pfizer. - [Slick]( Oil and gas companies Chord Energy and Enerplus plan to merge in an $11B deal. Energy biggies including Exxon and Chevron have spent billions on M&A to snag more share in lucrative US oil basins. - [Jolt]( Starbucks Workers United had its biggest day of sign-ups since 2021 after 400+ employees at 21 stores filed to join the union on Tuesday. Tensions are brewing as baristas demand more hours and better wages. - [Land]( The IRS is planning dozens of audits on corporate-jet use over concerns that companies are mixing business with personal travel. There are 10K+ US corporate jets, and their use can be a legit tax write-off, but the IRS wants clearer records. - [Listed]( BuzzFeed sold its media co Complex for $109M (less than half its 2021 purchase price) and will lay off 16% of its staff. US media orgs are floundering as ad rates fall and web traffic slows. 🍪 Thanks for Snacking with us! Want to share the Snacks? Invite your friends to sign up [here](. Snack Fact Of the Day US millionaires and billionaires evade $150B+ in taxes each year [Read more]( Friday - ETHDenver ethereum event - 30th SAG Awards tomorrow - Earnings expected from Warner Bros. Discovery and Bloomin’ Brands Authors of this Snacks own shares of: Amazon, Apple, Comcast, Disney, Exxon, Moderna, Nvidia, Starbucks, and Walmart 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]( [Sherwood Terms and Conditions]( • [Our Editorial Principles]( • [Contact Us](mailto:hellosnacks@sherwoodmedia.com) • [Privacy Policy]( • [Advertise with us](mailto:advertising@sherwoodmedia.com) [Unsubscribe](