Blue Origin & Boeing

📊 Market Snapshot | Extended Edition

Stocks (Year-to-date)

• DOW: 🔼 6.07% (40,003.59)

• S&P 500: 🔼 11.82% (5,303.27)

• NASDAQ: 🔼 13.00% (16,685.97)

Cryptocurrency (Year-to-date)

• BTC: 🔼 50.71% (66,620.10)

• ETH: 🔼 31.24% (3,088.51)

Real Estate Mortgage Rates

• 15-year: 6.56% +0.03

• 30-year: 7.09% +0.07

📎 Market Clip

• Cocoa prices fall 19%, losing a portion of their record-setting gains

_{*Stock numbers as of market close Friday, cryptocurrency as of 11:35pm EST yesterday. Real estate rates as of yesterday via Mortgage News Daily. Source for Market Clips.}

First Report

🚀 Blue Origin Sends Six Tourists to Space

Blue Origin’s New Shepard rocket successfully launched six tourists to the edge of space, marking the company’s first crewed mission in nearly two years. The flight, dubbed NS-25, included passengers like venture capitalist Mason Angel, craft brewer Sylvain Chiron, and retired US Air Force captain Ed Dwight, who at 90, became the oldest person to reach space. The mission follows a long hiatus after a failed uncrewed test flight in 2022, which prompted significant safety improvements.

TL;DR ⏳: Blue Origin resumes space tourism with a successful launch after a two-year break, carrying six passengers, including a 90-year-old pioneering astronaut candidate.

Second Report

✈️ Boeing Re-Elects Outgoing CEO

Boeing's shareholders have re-elected CEO Dave Calhoun, despite recommendations against it, as the company faces a safety culture crisis. Calhoun, who promised to step down by the end of the year, has been under scrutiny following several high-profile incidents, including a door plug blowing out mid-flight and multiple whistleblower allegations about safety issues. The search for his replacement continues as newly-appointed Chairman Steve Mollenkopf seeks to address these challenges.

TL;DR ⏳: Boeing re-elects CEO Dave Calhoun amid safety concerns and continues the search for his replacement.

⚡ Quick Hits

1. BREAKING: No survivors found at crash site of helicopter carrying Iran’s President Raisi | Live Updates Here 

2. 🎓 Morehouse students turn their backs, walk out of graduation as Joe Biden gives speech

3. 🇹🇼 Taiwan inaugurates new president for ruling party’s historic third term after voters snub China’s warnings

4. 🗳️ Marco Rubio says he would not accept 2024 election results ‘if it’s unfair’

5. 🇺🇸 U.S. troops and equipment will leave Niger by mid-September, the Pentagon says

6. 🚢 Final preparations being made to refloat Dali cargo ship from Key Bridge wreckage site

7. 🚖 Minnesota lawmakers strike minimum pay deal for Uber, Lyft drivers

8. 👥 706 people named Kyle got together in Texas, but it wasn’t enough for a world record

9. 🪖 DRC army says it stopped attempted coup involving three US citizens

10. 🚀 Musk launches Starlink in Indonesia, eyes future investment

Games

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