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=E2=80=A6dance floors have prevaile= d over Zoom ceremonies
<= !--[if mso | IE]>
<= /table>
<= tbody>
=
Disclosures
=
=
 
=
<= td style=3D"vertical-align:top;padding:0;">

Fourth wedd= ing in three days (FG Trade/Getty Images)

 
=
Last Week=E2=80=99s Market Moves
 
Dow Jones
32,899 = (-0.24%)		S&P 500
4,123 (-0.21%)		Nasdaq
12,145 (-1.54%)		Bitcoin
$35,979 (-6.77%)
=
<= /div>
<= /table>
<= td align=3D"left" style=3D"font-size:0px;padding:0;word-break:break-word;">=

Hey Snackers,

What grows in Vegas doesn=E2= =80=99t stay in Vegas: Sin City just outlawed grass =E2=80= =94 and not the kind you think. To save water after years of drought, Las V= egas is mandating the removal of lawns.

Stocks ticked down during a r= oller-coaster week, which included the market=E2=80=99s biggest one-day plu= nge since 2020. The tech-filled Nasdaq led the selloff, logging its first five-week losin= g streak in a decade. On the plus side, the US economy added a healthy 428K jobs in April, and the unemployment rate is almost back to pre= -pandemic levels.

Q for you: We=E2=80=99re exploring= the value of a college degree for an upcoming newsletter, and we'd lov= e to hear from you. If you=E2=80=99re up for being included, fill out = our quick poll!

Btw... Do= you want to start getting Snacks daily? Or prefer to unsubscribe? Manage y= our subscription preferences here.

 
YOLO
<= /table>
<= td style=3D"font-weight: 700; width: 100%; padding: 0; height: 17px; line-h= eight: 0; padding-top: 1px;">THE TAKEAWAY

2022 is p= oised to be the =E2=80=9Ccatch-up year,=E2=80=9D from constant weddings to = sold-out concerts =E2=80=94 but the splurge could run dry

Three weddings and a bar mitzvah... Dance f= loors and open bars have prevailed over Zoom ceremonies and seltzer cans. 2022 is shaping up to be the "catch-up= year," as Americans spend big on experiences they missed over the pan= demic. Inflation has been more persistent than Elon trying to buy <= a href=3D"http://sg.robinhood.com/ls/click?upn=3D6fntGirSE5selsQKrSSUHk6R8t= CrM-2FUICq73HMQolwWwDd2JYLmmMRUsE2TsEwBlvQDN_y6r4Y-2Fjyz39fUgiIVZvxszI1-2BO= ksX762wK6L32M97xiNbQ0Gz-2BCPwh09kv58RhwMSixCelncm1oM-2F8nDmgboaGYECVCXq9jmP= UCSmoooBwERva0hPy1hq0Zd9tYLxEliYCl716I6kM-2FOrDeT2KOOQCxt0-2Bb6HEiL8fZPzw3L= n6mmzWY4smE-2F1MpMNbI0MlB0PaKZdOt3GleiMYrgkCkO30P-2B5r-2FmuOcAknJcEtDfIB6UK= ngKNr5jPw7ZdM4HMpsClcjBg7gImoSb2VbjZ8NYN-2ByhGOlOuG0Ei6oPc-2BAwdL-2BFAH86y3= xM2aFtvr1bqdugm8PtghJHqpG5yuDXwr7pBNXq5Cxo2ecXFehxlYNKsg0-3D style=3D"color= : rgb(0, 200, 5); text-decoration: underline; font-weight: bold; text-decor= ation-thickness: 2px; text-underline-offset: 1px;" target=3D"_blank" rel=3D= "noopener">Twitter, but consumers have shrugged off high price= s, which hit a fresh 40-year high (again).

    Hawkish: The days of = =E2=80=9Cmoney printer go brrr=E2=80=9D are gone. The Fed started raising r= ates in March to tame soaring prices. Last week came the largest hike since= 2000.
  • Higher interest rates= make borrowing pricier (think: credit-card interest) and saving m= ore attractive (think: savings-account yields). Still...
  • YOLO spending: Consumer spending surg= ed 1.1% in March, boosted by demand for international getaways, restaurants, and hotels.
<= p>Salmon or short rib?... Too many RSVPs. The "catch = up" craze means that all the nixed celebrations are roaring back:

<= ul style=3D"padding-left: 18px;">
  • Weddings: Good luck finding a venue. 2022 is set to ring in the m= ost nuptials in nearly four decades. Wedding-related indulgences a= re set to hit $68B, and guests are also spending more. That helps hotels like Marriott, which announced record direct boo= kings. Meanwhile, Signet and T= iffany's have seen diamond sales surpass 2019 levels.
  • C= oncerts: From festivals to sold-out Billie Eilish concerts, live music is= back. Live Nation said its ticket sales were = up 45% from early 2019 levels, and it just posted its best first quarter ev= er.
  • Vacays: Between= spring breakers and summer planners, Booking.com ra= ked in its highest quarterly bookings of all time. Amex saw travel spend double and Visa said su= mmer demand is on fire.

    • Playing catch-up could fizzle out=E2=80=A6 The Fed=E2=80=99s betting it can slow inflation without = causing a recession, but that=E2=80=99s TBD. If it tightens its belt too ag= gressively, Americans could tighten their wallets (recession wedding =3D no= t ideal). Meanwhile, consumer confidence dipped in April as Russia= =E2=80=99s war, China=E2=80=99s Covid crackdown, and swinging oil prices al= l heightened econ worries. People have already started spending less on online shopping, appliances, furniture, and cars.= If high inflation keeps up and savings run dry, they could cut back on exp= eriences too.

    =
    Zoom Out
    =
    <= /table>

    Stories we=E2=80=99re watching...

    Ripping the Band-Aid off=E2=80=A6 The EU=E2=80=99s preparing= to ban Rus= sian oil by year=E2=80=99s end to pressure President Putin =E2=80=94 a shif= t from just weeks ago. The ban will test Europe=E2=80=99s reliance on Russi= a, which supplies a third of the EU=E2=80=99s oil. Hungary, = Slovakia, and others already said they=E2=80=99d need more time to ditch Ru= ssian oil. The EU ban will take 2M= barrels off the market daily, which could send global oil prices =E2=80=94= up 40% this year already =E2=80=94 even higher. Supply disruptions have al= so reduced US diesel inventory to a 30-year low, stressing diesel= -guzzling industries (think: shipping, energy).

    (Super) Bored= Ape Yacht Club=E2=80=A6 Not even Snoop Dogg can keep NFT prices from dropping like= they=E2=80=99re hot. Last year NFTs made a splash in the crypto-sphere, be= coming a $17B market seemingly overnight. But global sales are down 92% fro= m September as traders feel the weight of inflation and high interest rates= . Last week Coinbase launched its first NF= T marketplace, but saw less than $60K worth of trades on its debut. With ma= rkets going haywire, collectors are less likely to splurge on a digi-ape = =E2=80=94 some are selling for less than a third of the OG price.

    =

    =
    Events
    <= /table>

    Coming up this week...

    Shifti= ng gears... This week could be make or brake for Rivian, which reports Wednesday. The EV biz=E2=80=99s s= hares are down 75% from its November IPO after the truck maker fell short of production goals in 2021 and lowered production = targets for this year. Rivian=E2=80=99s skid has hit its backers hard: Amazon (which owns 18%) and Ford (which owns 11%) both los= t billions on their stakes last quarter, when Rivian=E2=80=99s losses jumpe= d 7X from a year ago. Rivian=E2=80=99s IPO lockup also ends today, which gi= ves early stockholders their first chance to sell =E2=80=94 and could lead = to a bigger selloff.

    China=E2=80=99s retail retreat=E2=80=A6<= /strong> Last week investors wiped $26B off Alibaba=E2=80= =99s market cap on rumors that the founder of the =E2=80=9CAma= zon of China=E2=80=9D was detained (the mix-up: same last name, different g= uy). The scare comes as China=E2=80=99s strict Covid lockdowns put pressure= on the country=E2=80=99s economy and deter consumers from dropping cash on= non-essentials (like: new clothes, vacays). Last quarter Baba posted its s= lowest sales growth since its 2014 IPO. China=E2=80=99s spending slowdown, = and competition from e-comm rivals like JD.com<= /strong>, could deliver another blow to Baba=E2=80=99s profits when it repo= rts Thursday.

    =
    ICYMI
    <= /table>

    Last week's highlights...

    • Click: Ecommerce stocks like <= a href=3D"http://sg.robinhood.com/ls/click?upn=3D6fntGirSE5selsQKrSSUHk6R8t= CrM-2FUICq73HMQolwW-2F4O2U5bwXVJb4TdUNd02xuAVc_y6r4Y-2Fjyz39fUgiIVZvxszI1-2= BOksX762wK6L32M97xiNbQ0Gz-2BCPwh09kv58RhwMvNvIicn8BbxEeAFy1w7dEQ-2Fxm6hZXMH= LwMHZHpbcpN3TgRsH4mwJjCEVbOQqtRSbnc1-2FN5wBLhZU3QB-2F2AtGpO-2F-2Fyv-2FRqdPd= v8dUP1WGxpBRMhYfFjPXJN2fD-2F5iGkUCvHx-2B4bGOum1Lyyo0VYCTcj9lHAtZo-2Fx6E4YBd= YYfes7-2FU-2BmGw5nozM2i-2B3plwTC2UgResIibGvj69O-2F0-2BOMrvp0Cgbz2pjkIjpjRBX= w22pyqGoWhFgdRrYFzAJu4sR-2FJXxfdguwU-2BcVThjsHHP0V-2B7KAMWxWNhyRusG3lnbfl-2= FU-3D style=3D"color: rgb(0, 200, 5); text-decoration: underline; font-weig= ht: bold; text-decoration-thickness: 2px; text-underline-offset: 1px;" targ= et=3D"_blank" rel=3D"noopener">Shopify are getting hammered as= the pandemic boom in e-buying (fueled by stimmy checks and boredom) loses = steam. Consumers are shopping like it's 2019 =E2=80=94 more on experien= ces, less on stuff.
    • SCOTUS: After a leaked draft opinion= revealed that the Supreme Court appears likely to overturn Roe v. Wade, co= rporate America's response has been mostly silent. But pushback from em= ployees and the public could change that.
    • Diverge: While Lyft is driving slow and straight, Uber is swerving to diversify. Last week=E2=80=99s = earnings showed that Uber=E2=80=99s numerous revenue streams (rides, freigh= t, food) are helping it speed ahead of ride-focused Lyft.

    What = else we're Snackin'
    • Haul= : BNPL (buy now, pay later) lenders like Klarna, Afterpay, and Affirm are the = trendy way TikTokers fund =E2=80=9Chaul=E2=80=9D videos. B= ut their Gen Z viewers are now racking up massive shopping debt.
    • Blockbuster:= Hollywood studios are bringing out the stars this summer, from Tom Cruise = to the Minions, hoping they can lure crowds back to theaters. Analysts aren= =E2=80=99t so sure.
    • Vacay: The trav= el industry is getting into subscriptions to see whether consumers who subs= cribe to movie, music, and meal services will also join travel =E2=80=9Cclu= bs.=E2=80=9D Flight discounts, Tesla rentals, and itineraries are all perks.
    Want your Snacks daily?
    The Daily Newsletter
    Get fresh takes on financial= news every week day. Try a sample:

    =F0=9F=9B=92 Ecommerce wi= peout =E2=80=A2 May 6, 2022
    =F0=9F=8F=9B=EF=B8=8F Corporate America and= abortion =E2=80=A2 May 5, 2022
    =F0=9F=9A=99 Lyft vs. Uber =E2=80=A2 May 4,= 2022

    <= tbody>
    Subscribe to the Daily
    <= /table>
    Snack Fact Of t= he Day
    In 1934, Levi= =E2=80=99s became the first company to make jeans for women =E2=80=94 decad= es before it was mainstream for women to wear pants in public
    <= p style=3D"border-top:solid 1px #e3e9ed;font-size:1px;margin:0px auto;width= :100%;">

    <= /tr>
    = <= /table>
    This Week
      Monday: Earnings expected = from Duke Energy, Simon Property Group, <= strong>BioNTech, Tyson, Palantir= , Zynga, and Coty
    • Tuesday: Earnings expected from So= ny, Wynn Resorts, Sysco, Electronic Arts, Coinbase, GlobalFoundri= es, Fox Corp., Warner Music Group, Aramark, Planet Fitness, Pelot= on, and SoFi
    • Wednesday: April CPI. Earnings expected from To= yota, Roblox, Occidental Petroleum, Disney, Rivian, Wendy=E2=80= =99s, Bumble, Sonos, Zip= Recruiter, Beyond Meat, and Krispy Kreme<= /strong>
    • Thursday: = Weekly jobless claims. Earnings expected from Alibaba, Toast, Affirm, WeWork, Mister Car Wash, Duolingo, Six Flags<= /strong>, Squarespace, Joby Aviation, and= Canada Goose
    • Friday: Earnings expected from Honda
    =

    Authors of this Snacks own: shares of Twitter, Uber, Shopify, Amazon, Di= sney, Tesla, and Ford

    Correction: In the Snacks newsletter publis= hed May 6, 2022, we misstated that earnings were expected from Zillow and B= erkshire Hathaway. They had already reported. Zillow reported on May 5 and = Berkshire Hathaway on April 30. We=E2=80=99ve updated the online version of th= e newsletter, and we regret the error.

    ID: 2191589

    =
    Robinhood Snacks newsletters reflect the opinions = of only the authors who are associated persons of Robinhood Financial LLC (= Member SIPC) and do not reflect the views of Robinhood Markets, = Inc. or any of its subsidiaries or affiliates. They are for informational p= urposes only, and are not a recommendation of an investment strategy or to = buy or sell any security, digital asset (cryptocurrency, etc) in any accoun= t. They are also not research reports and are not intended to serve as the = basis for any investment decision. Any third-party information provided the= rein does not reflect the views of Robinhood Markets, Inc., Robinhood Finan= cial LLC, or any of their subsidiaries or affiliates. All investments invol= ve risk including the loss of principal and past performance does not guara= ntee future results.
    Robinhood Terms and Conditions =E2=80=A2 Disclosure Library =E2=80=A2 Our= Editorial Principles =E2=80=A2 Contact Us =E2=80=A2 FAQ
    =
    To unsubscribe from all c= ommercial emails, click here
    --82166767376fb93d8e1e4cbb65416573257e263fdb0f2c5cbf74b125e29c Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=utf-8 Mime-Version: 1.0
    =E2=80=A6dance floors have prevaile= d over Zoom ceremonies
    <= !--[if mso | IE]>
    <= /tbody>
    <= tbody>
    =
    = Disclosures
    <= /tbody>
     

    Fourth = wedding in three days (FG Trade/Getty Images)

     
    <= tr>
    Last Week=E2=80=99s Market Moves
     
    Dow Jones
    32,899 (-0.24%)    		S&P 500
    4,123 (-0.21%)    		Nasdaq
    12,145 (-1.54%)    		Bitcoin
    $35,979 (-6.77%)
    =
    <= /div>
    <= /table>
    <= td align=3D"left" style=3D"font-size:0px;padding:0;word-break:break-word;">=

    Hey Snackers,

    What grows in Vegas doesn=E2= =80=99t stay in Vegas: Sin City just outlawed grass =E2=80=94 and not t= he kind you think. To save water after years of drought, Las Vegas is manda= ting the removal of lawns.

    Stocks ticked down during a roller-coaster= week, which included the market=E2=80=99s biggest one-day plunge since 202= 0. The tech-filled Nasdaq led the selloff, logging its first five-week losing streak = in a decade. On the plus side, the US economy added a healthy 428K jobs = in April, and the unemployment rate is almost back to pre-pandemic levels.<= /p>

    Q for you: We=E2=80=99re exploring the value of a co= llege degree for an upcoming newsletter, and we'd love to hear from you= . If you=E2=80=99re up for being included, fill out our quick p= oll!

    Btw... Do you want t= o start getting Snacks daily? Or prefer to unsubscribe? Manage your subscri= ption preferences her= e.

    3D""
    <= div style=3D"font-family:'Capsule Sans Text', Arial;font-size:13px;line-hei= ght:15px;text-align:left;color:#000000;">
    YOLO
    <= /table>

    2022 is p= oised to be the =E2=80=9Ccatch-up year,=E2=80=9D from constant weddings to = sold-out concerts =E2=80=94 but the splurge could run dry

    Three weddings and a bar mitzvah... Dance f= loors and open bars have prevailed over Zoom ceremonies and seltzer cans. 2022 is shaping up= to be the "catch-up year," as Americans spend big on experiences= they missed over the pandemic. Inflation has been more persistent than Elo= n trying to buy Twitter, but consumers = have shrugged off high prices, which hit a fresh 40-year high (again).

    • Hawkish: The days of =E2=80=9Cmoney printer go brrr=E2=80=9D are gone. The Fed= started raising rates in March to tame soaring prices. Last week came the = largest hike since 2000.
    • Hig= her interest rates make borrowing pricier (think: credit-card inte= rest) and saving more attractive (think: savings-account yields). Still...<= /li>
    • YOLO spending: Cons= umer spending surged 1.1% in March, b= oosted by demand for international getaways, restaurants, and hotels.

    Salmon or short rib?... Too many RSVPs. The &qu= ot;catch up" craze means that all the nixed celebrations are roaring b= ack:

    • spending more. That helps hotels like = Marriott, which announced r= ecord direct bookings. Meanwhile, Signet an= d Tiffany's have seen diamond sales surpass 2019 levels.
    • Concerts: From festivals to sold-out Billie Eilish co= ncerts, live music is back. Live Nation said its ticket sales were up 45% from early 2019 levels, and it just = posted its best first quarter ever.
    • = Vacays: Between spring breakers and summer planners, Booking.com raked in its highest quarterly booki= ngs of all time. Amex saw travel spend = double and Visa said summer demand is on = fire.
    THE TAKEAWAY

    Playing catch-up could fizzle out= =E2=80=A6 The Fed=E2=80=99s betting it can slow inflatio= n without causing a recession, but that=E2=80=99s TBD. If it tightens its b= elt too aggressively, Americans could tighten their wallets (recession wedd= ing =3D not ideal). Meanwhile, consumer confidence dipped in Ap= ril as Russia=E2=80=99s war, China=E2=80=99s Covid crackdown, and swinging = oil prices all heightened econ worries. People have already started spending less on online shopping, appliances, furniture, = and cars. If high inflation keeps up and savings run dry, they could cut ba= ck on experiences too.

    =
    Zoom Out
    =
    <= /table>

    Stories we=E2=80=99re watching...

    Ripping the Band-Aid off=E2=80=A6 The EU=E2=80=99s preparing= to ba= n Russian oil by year=E2=80=99s end to pressure President Putin =E2=80= =94 a shift from just weeks ago. The ban will test Europe=E2=80=99s relianc= e on Russia, which supplies a third of the EU=E2=80=99s oil. Hung= ary, Slovakia, and others already said they=E2=80=99d need more time to dit= ch Russian oil. The EU ban will ta= ke 2M barrels off the market daily, which could send global oil prices = =E2=80=94 up 40% this year already =E2=80=94 even higher. Supply disruption= s have also reduced US diesel inventory to a 30-year l= ow, stressing diesel-guzzling industries (think: shipping, energy).

    <= strong>(Super) Bored Ape Yacht Club=E2=80=A6 Not even Snoop Dogg can keep NFT = prices from dropping like they=E2=80=99re hot. Last year NFTs made a splash= in the crypto-sphere, becoming a $17B market seemingly overnight. But glob= al sales are down 92% from September as traders feel the weight of inflatio= n and high interest rates. Last week Coinbase launched its first NFT marketplace, but saw less than $60K worth of = trades on its debut. With markets going haywire, collectors are less likely= to splurge on a digi-ape =E2=80=94 some are selling for less than a third = of the OG price.

     
    =
    Events
    <= /table>

    Coming up this week...

    Shifti= ng gears... This week could be make or brake for Rivian, which reports Wednesday. The EV biz=E2=80=99s shar= es are down 75% from its November IPO after the truck maker fell short of production goals in 2021 and= lowered production= targets for this year. Rivian=E2=80=99s skid has hit its backers hard: Amazon (which owns 18%) and Ford (which owns 11%) = both lost billions on their stakes last quarter, when Rivian=E2=80=99s loss= es jumped 7X from a year ago. Rivian=E2=80=99s IPO lockup also ends today, = which gives early stockholders their first chance to sell =E2=80=94 and cou= ld lead to a bigger selloff.

    China=E2=80=99s retail retreat= =E2=80=A6 Last week investors wiped $26B off Alibaba=E2=80=99s market cap on rumors that the founder of= the =E2=80=9CAmazon of China=E2=80=9D was detained (the mix-up: same last = name, different guy). The scare comes as China=E2=80=99s strict Covid lockd= owns put pressure on the country=E2=80=99s economy and deter consumers from= dropping cash on non-essentials (like: new clothes, vacays). Last quarter = Baba posted its slowest sales growth since its 2014 IPO. China=E2=80=99s sp= ending slowdown, and competition from e-comm rivals like JD.com, could deliver another blow to Baba=E2=80= =99s profits when it reports Thursday.

    =
    ICYMI
    <= /table>

    Last week's highlights...

    • Click: Ecommerce stocks= like Shopify are getting hammere= d as the pandemic boom in e-buying (fueled by stimmy checks and boredom) lo= ses steam. Consumers are shopping like it's 2019 =E2=80=94 more on expe= riences, less on stuff.
    • SCOTUS: After a leak= ed draft opinion revealed that the Supreme Court appears likely to overturn= Roe v. Wade, corporate America's response has been mostly silent. But = pushback from employees and the public could change that.
    • Diver= ge: While Lyft is driving sl= ow and straight, Uber is swerving to di= versify. Last week=E2=80=99s earnings showed that Uber=E2=80=99s numerous r= evenue streams (rides, freight, food) are helping it speed ahead of ride-fo= cused Lyft.

    <= !--[if mso | IE]>
     
    What = else we're Snackin'
    • Haul: BNPL (buy now, pay later) lenders like Klarna, Afterpay, and Affirm are th= e trendy way TikTokers fund =E2=80=9Chaul=E2=80=9D videos.= But their Gen Z viewers are now racking up massive shopping debt.
    • Blockbuster: = Hollywood studios are bringing out the stars this summer, from Tom Cruise t= o the Minions, hoping they can lure crowds back to theaters. Analysts aren= =E2=80=99t so sure.
    • Vacay: The t= ravel industry is getting into subscriptions to see whether consumers who s= ubscribe to movie, music, and meal services will also join travel =E2=80=9C= clubs.=E2=80=9D Flight discounts, Tesla rentals, and itineraries are all perks.
    Want your Snacks daily?
    The Dail= y Newsletter
    Get fresh takes on financial news every week day. Try a sample:

    =F0=9F=9B=92 Ecommerce wipeout =E2=80=A2 May 6, 2022
    =F0=9F=8F=9B=EF=B8=8F Corporate America= and abortion =E2=80=A2 May 5, 2022
    =F0=9F=9A=99 Lyft vs. Uber =E2= =80=A2 May 4, 2022

    Subscribe to the Daily
    <= !--[if mso | IE]>
    <= !--[if mso | IE]>
    = <= /table>
    Snac= k Fact Of the Day
    In 1= 934, Levi=E2=80=99s became the first company to make jeans for women =E2=80= =94 decades before it was mainstream for women to wear pants in public

    = <= /table>
    <= td align=3D"center" class=3D"light" style=3D"font-size:0px;padding:10px 25p= x;padding-top:24px;padding-right:0;padding-bottom:24px;padding-left:0;word-= break:break-word;">

    This Week
      Monday: Earnings expected = from Duke Energy, Simon Property Group, <= strong>BioNTech, Tyson, Palantir= , Zynga, and Coty
    • Tuesday: Earnings expected from So= ny, Wynn Resorts, Sysco, Electronic Arts, Coinbase, GlobalFoundri= es, Fox Corp., Warner Music Group, Aramark, Planet Fitness, Pelot= on, and SoFi
    • Wednesday: April CPI. Earnings expected from To= yota, Roblox, Occidental Petroleum, Disney, Rivian, Wendy=E2=80= =99s, Bumble, Sonos, Zip= Recruiter, Beyond Meat, and Krispy Kreme<= /strong>
    • Thursday: = Weekly jobless claims. Earnings expected from Alibaba, Toast, Affirm, WeWork, Mister Car Wash, Duolingo, Six Flags<= /strong>, Squarespace, Joby Aviation, and= Canada Goose
    • Friday: Earnings expected from Honda
    =

    Authors of this Snacks own: shares of Twitter, Uber, Shopify, Amazon, Di= sney, Tesla, and Ford

    Correction: In the Snacks newsletter publis= hed May 6, 2022, we misstated that earnings were expected from Zillow and B= erkshire Hathaway. They had already reported. Zillow reported on May 5 and = Berkshire Hathaway on April 30. We=E2=80=99ve updated the online version of the newslette= r, and we regret the error.

    ID: 2191589

    = =
    Robinhood Snacks newsletters reflect the opinions = of only the authors who are associated persons of Robinhood Financial LLC (= Member SIPC) and do not reflect the views of Robinhood Mar= kets, Inc. or any of its subsidiaries or affiliates. They are for informati= onal purposes only, and are not a recommendation of an investment strategy = or to buy or sell any security, digital asset (cryptocurrency, etc) in any = account. They are also not research reports and are not intended to serve a= s the basis for any investment decision. Any third-party information provid= ed therein does not reflect the views of Robinhood Markets, Inc., Robinhood= Financial LLC, or any of their subsidiaries or affiliates. All investments= involve risk including the loss of principal and past performance does not= guarantee future results.
    To unsubscribe from all commercial emails= , click here
    =
    --82166767376fb93d8e1e4cbb65416573257e263fdb0f2c5cbf74b125e29c--