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=E2=80=A6and Apple=E2=80=99s =E2=80= =9CWonderlust=E2=80=9D iPhone event
=
 
<= /tr>

Cable may need a Hail Mary = (Kevin Sabitus/Getty Images)

&#= 8202;
<= !--[if mso | IE]>
<= tbody>
=
Sponsored by
<= tr>
Last Week=E2=80=99s Market Moves
 
Dow Jones
34,577 (-0.75%)
= S&P 500
4,457 (-1.29%)		Nasdaq
13,762 (-1.93%)		Bitcoin
$25,891 (+0.31%)
Dow Jones
34,577 (-0.75%)		S&P 500
4,457 (-1.29%)
Nasdaq
13,762 (-1.93%)		Bitcoin
$25,891 (+0.31%)
<= /table>
=

Hey Snacke= rs,

Our thoughts go back to 22 years ago today: nearly 3,000 live= s were lost in the terrorist attacks on New York, DC, and in Pennsylvania. = This day is also one of service and remembrance as Americans are called to = volunteer and find strength in unity.

Stocks were down = last week as tech titans like Apple and Nvidia dragged market= s and strong econ data stoked interest-rate fears. Still, the Fed is expect= ed to pause rate hikes at its September 19-20 meeting. The goal: secure tha= t Goldilocks soft landing.

Btw... Do you want to s= tart getting Snacks daily? Or prefer to unsubscribe? Manage your subscripti= on preferences here.

Blitz
<= /div>
=
<= /table>
<= /tr>

As football season kicks off, = streamers like YouTube and Amazon could force a TV turnover

On= any given Sunday=E2=80=A6 more NFL games will be available exclusively= on streaming sites this year than ever. Yesterday, YouTube TV kicked off i= ts first season airing the NFL=E2=80=99s =E2=80=9CSunday Ticket,=E2=80=9D c= harging subscribers an extra $300/year for access. YouTube=E2=80=99s paying= the NFL $2B+/season for the seven-year deal. Also: NBCUniversal=E2= =80=99s Peacock (which has the most live sports of any streamer) wil= l for the first time air a regular-season game and exclusively broadcast a = wild-card playoff game.=C2=A0

  • Prime time: Amazon=E2=80=99s on its secon= d year as the exclusive home of =E2=80=9CThursday Night Football,=E2=80=9D = which Prime members can watch at no extra charge. Last year it averaged 11.= 3M viewers/telecast, drawing younger fans to the NFL.=C2=A0

  • Red zone: The streaming deals are an ef= fort to reduce the prevalence of illegal streams, too, which lose leagues b= illions yearly.=C2=A0

Full-court press=E2=80=A6 As s= ubscription saturation (#subscripturation) intensifies, streaming growth ha= s slowed. Now streamers are hoping that investments in live sports will fue= l growth, with good reason: last year sports made up 94 of the 100 most-wat= ched telecasts =E2=80=94 and 82 of =E2=80=99em were for the NFL. Streamers = are spending $6B+ to snag sports rights this year.=C2=A0

  • Free tix: Warner Br= os. Discovery is reportedly going to offer a free live-sports trial on = its Max streaming service (fka: HBO Max), thanks to its NBA and MLB media r= ights.

  • Wide net: Soccer = icon Lionel Messi drove 288K new subs to Apple TV+=E2=80=99s MLS sea= son add-on in a single month.=C2=A0

  • Cord cut: Disney=E2=80=99s said to be planning to offer an =E2= =80=9Cunbundled from cable=E2=80=9D ESPN streamer by 2025, and Spectrum par= ent Charter said it=E2=80=99s reached a =E2=80=9Cpoint of indifferen= ce=E2=80=9D on staying in TV.

=
THE TAKEAWAY

Streamers are steal= in=E2=80=99 cable=E2=80=99s playbook=E2=80=A6 Folks are cord-cutting in= record #s, but sports are mostly why many still stick around. As streamers= offer more live games, cable=E2=80=99s lifeline could be snipped. ESPN mad= e up over half of top telecasts for cable giant Charter in the past year, y= et Charter has lost access to the network in a financial feud with Disney o= ver, yes, streaming.

Sponso= red by Ladder
=

Have dependents or debt? Consider term life ins= urance.

Two of the most common reasons people get life insurance = are because they have dependents and debt.

Protect what matters:=C2=A0Term life insurance can help financially protect your loved ones sh= ould you pass away. For as low as $1 a day,* you could get $1M in coverage,= which your family could use to pay for things like mortgage payments, day-= to-day bills, college tuition, and more.=C2=A0Get your free quote in second= s.

Ladder, NerdWallet=E2=80=99s 2023 Best Same-Day Term Life Insu= rance winner, offers a 100% digital application with no medical exams when = you apply for $3M or less, only health related questions.

S= ee if you're instantly approved.=C2=A0(Fun fact: 80% of Ladder pol= icyholders were instantly approved).

=
<= /table>

<= /tr>
<= /tbody>
<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">Events
<= /table>

Coming up th= is week

=

One more thing=E2=80=A6 At Apple=E2=80=99s = annual iPhone event tomorrow (this year dubbed =E2=80=9CWonderlust=E2=80=9D= ), the mobile magnate=E2=80=99s expected to showcase its iPhone 15, fresh A= pple Watches, and updated AirPods. Like its predecessor events, the reveal = should be heavy on style and substance. Picture: new phone colors, camera u= pgrades, and (EU-mandated) standard charging ports. Apple=E2=80=99s hoping = new gadgets will fuel customers=E2=80=99 appetites: hardware makes up 75% o= f its total revenue, but iPhone, Mac, and iPad sales all fell last quarter = as electronics demand cooled.

Runnin=E2=80=99 on fumes=E2=80=A6 The United Auto Workers=E2=80=99 contract deadline with the Detroit Three= automakers (GM, Ford, Stellantis) expires Thursday ni= ght. If a deal isn=E2=80=99t reached, as many as 146K workers could strike = simultaneously =E2=80=94 a labor move that could cost the US economy $5B in= just 10 days. The union=E2=80=99s self-described =E2=80=9Caudacious=E2=80= =9D demands include a 32-hour workweek with 40-hour pay, the restoration of= traditional pensions, and a 46% raise (for ref: UPS workers recentl= y nabbed a 48% raise). Some analysts say a strike is likely.

<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">Zoom Out
<= /table>

Stories we= =E2=80=99re watching

Antitrust issues=E2=80=A6 The EU name= d six tech heavyweights as =E2=80=9Cgatekeepers=E2=80=9D under the Digital = Markets Act, a landmark regulation that aims to prevent techies from playin= g favorites with their own products and unfairly controlling (aka: gatekeep= ing) markets. On the naughty list: Apple, Alphabet, Amazon= , Meta, Microsoft, and TikTok owner ByteDance. The= y have six months to comply with the DMA or face fines of up to 10% of thei= r global annual sales (yikes). The DMA includes a ban on exclusive app stor= es and self-preferencing (think: pre-installed iPhone apps).

Beyon= d =E2=80=9CYes I am 18+=E2=80=9D=E2=80=A6 A Texas judge stalled a law t= hat would require adult-content sites like Pornhub to verify visitor= s=E2=80=99 ages. TX is one of six states that have passed laws requiring th= ese sites to ask visitors for ID uploads (Utah also uses facial-age analysi= s) and 12+ states have similar bills. Pornhub said its site traffic =E2=80= =94 which, btw, is the US=E2=80=99s 12th highest =E2=80=94 plunged 8= 0% in Louisiana after the state became the first to enact age verification = in January. That drop led Pornhub parent MindGeek to shutter its ser= vice in several states.

<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">ICYMI
<= /table>

Last week= 9;s highlights

  • Pantry: Warner B= ros. Discovery cut its profit forecast as the Hollywood strikes drag on= . While some studios are reporting cost savings (because=E2=80=A6 no produc= tion), they can=E2=80=99t survive on the content stockpile forever.=C2=A0

  • Airbnban= : NYC Airbnb hosts must now register to rent their places= for stays <30 days (and live at the location). Officials are trying to = curb a housing shortage that=E2=80=99s driven rent prices to record highs.<= /p>

  • Pumped: Gas prices hit a decade-plus seasonal high after Saudi Ar= abia and Russia said they=E2=80=99d continue to cut oil production througho= ut the year. The price hike could stoke inflation beyond the pump.

    • =

=
What else we're Snackin'

  • RainLoop: Music str= eamers have beef with rain sounds. Streamer Deezer and Universal<= /b> Music struck a deal to double payouts to artists to ensure they = get paid more than popular white-noise uploads.=C2=A0

  • NetWorth: New data from the Fed showe= d that the stock market propelled US household wealth to a record $154T (ye= s, trillion) last quarter. Rebounding home values helped drive the surge.= =C2=A0

  • Subs: Automakers are putting subscr= iptions into 4WD, requiring drivers to pay extra to unlock features like li= ve traffic info and hands-free driving. GM is targeting $25B in subs= and software revenue by 2030.

Want your Snacks daily?
<= /td>
<= /table>
The Daily Newsletter
Get fresh takes on financial news every week = day. Try a sample:

=F0=9F=95=B9=EF=B8=8F YouTube 4 gamers =E2=80=A2 S= ep 8, 2023
=F0=9F=A5=AB Hollywo= od=E2=80=99s stockpile savings =E2=80=A2 Sep 7, 2023
=F0=9F=97=BD NYC=E2=80=99s Airbn-ban =E2=80=A2 Sep 6, 2023

Subscribe to the Daily=
<= !--[if mso | IE]>
=
<= /table>
Snack Fa= ct Of the Day
73M Americans plan to bet on this NFL = season =E2=80=94 a 60% spike from last year

<= /table>
=
This Week

  • Monday: Permissionless= DeFi conference begins. Earnings expected from Bowlero and Oracl= e=C2=A0

  • Tuesday: = Apple=E2=80=99s iPhone event

  • <= p>Wednesday: August core CPI data. Earnings expected from Cracker= Barrel and Semtech=C2=A0

  • Thursday: Initial jobless claims. United Auto Workers contract= set to expire. Earnings expected from Adobe and Lennar=C2=A0=

  • Friday: Consumer-sentim= ent data

Authors of this Snacks own shares of: Alphabet, Am= azon, Apple, Comcast, Disney, GM, Microsoft, and Nvidia

*Advertiser&#= x27;s disclosure: Price based on a 30-year-old male, preferred plus, $1M po= licy, 10-year term.

Ladder Insurance Services, LLC (CA license # OK22= 568; AR license # 3000140372) distributes term life insurance products issu= ed by multiple insurers =E2=80=93 for further details see=C2=A0ladderlife.com. All insurance products are governed by = the terms set forth in the applicable insurance policy. Each insurer has fi= nancial responsibility for its own products. This email may be considered a= dvertising under applicable law. =C2=A92017-2023 and TM, NerdWallet, Inc. A= ll Rights Reserved. Forbes Advisor.=C2=A0230901-3095201

=
=
<= div style=3D"background:rgb(255, 255, 255);background-color:rgb(255, 255, 2= 55);margin:0px auto;max-width:600px;">
=
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 ot= her Robinhood affiliate... See more
@media only screen and (min-width:480px) { .mj-column-per-100 { width: 100% !important; max-width: 100%; } .mj-column-per-50 { width: 50% !important; max-width: 50%; } }
=E2=80=A6and Apple=E2=80=99s =E2=80= =9CWonderlust=E2=80=9D iPhone event
<= /table>
<= div class=3D"mj-column-per-100 mj-outlook-group-fix" style=3D"font-size:0px= ;text-align:left;direction:ltr;display:inline-block;vertical-align:top;widt= h:100%;">
 

Cable may need a Hail Mary (Kevin Sabitus/Getty Images= )

 
<= tr>
Last Week=E2=80=99s Market Moves
 
Dow Jones
34,577 (-0.75%)
= S&P 500
4,457 (-1.29%)		Nasdaq
13,762 (-1.93%)		Bitcoin
$25,891 (+0.31%)
Dow Jones
34,577 (-0.75%)		S&P 500
4,457 (-1.29%)
Nasdaq
13,762 (-1.93%)		Bitcoin
$25,891 (+0.31%)
=
<= /table>
= =

Hey Snacke= rs,

Our thoughts go back to 22 years ago today: nearly 3,000 live= s were lost in the terrorist attacks on New York, DC, and in Pennsylvania. = This day is also one of service and remembrance as Americans are called to = volunteer and find strength in unity.

Stocks w= ere down last week as tech titans like Apple and Nvidia dragg= ed markets and strong econ data stoked interest-rate fears. Still, the Fed = is expected to pause rate hikes at its September 19-20 meeting. The goal: s= ecure that Goldilocks soft landing.

Btw... Do you w= ant to start getting Snacks daily? Or prefer to unsubscribe? Manage your su= bscription preferences here.

3D""=
Blitz
<= /table>
=

As football season kicks= off, streamers like YouTube and Amazon could force a TV turnover

=
On any given Sunday=E2=80=A6 more NFL games will be available exclu= sively on streaming sites this year than ever. Yesterday, YouTube TV kicked= off its first season airing the NFL=E2=80=99s =E2=80=9CSunday Ticket,=E2= =80=9D charging subscribers an extra $300/year for access. YouTube=E2=80=99= s paying the NFL $2B+/season for the seven-year deal. Also: NBCUniversal= =E2=80=99s Peacock (which has the most live sports of any stream= er) will for the first time air a regular-season game and exclusively broad= cast a wild-card playoff game.=C2=A0

    Prime time: Amazon=E2=80=99s on its= second year as the exclusive home of =E2=80=9CThursday Night Football,=E2= =80=9D which Prime members can watch at no extra charge. Last year it avera= ged 11.3M viewers/telecast, drawing younger fans to the NFL.=C2=A0

    =

  • Red zone: The streaming deals ar= e an effort to reduce the prevalence of illegal streams, too, which lose le= agues billions yearly.=C2=A0

Full-court press=E2=80=A6 <= /b>As subscription saturation (#subscripturation) intensifies, streaming gr= owth has slowed. Now streamers are hoping that investments in live sports w= ill fuel growth, with good reason: last year sports made up 94 of the 100 m= ost-watched telecasts =E2=80=94 and 82 of =E2=80=99em were for the NFL. Str= eamers are spending $6B+ to snag sports rights this year.=C2=A0

  • Free tix: Wa= rner Bros. Discovery is reportedly going to offer a free live-sports tr= ial on its Max streaming service (fka: HBO Max), thanks to its NBA and MLB = media rights.

  • Wide net: = Soccer icon Lionel Messi drove 288K new subs to Apple TV+=E2=80=99s = MLS season add-on in a single month.=C2=A0

  • Cord cut: Disney=E2=80=99s said to be planning to offer = an =E2=80=9Cunbundled from cable=E2=80=9D ESPN streamer by 2025, and Spectr= um parent Charter said it=E2=80=99s reached a =E2=80=9Cpoint of indi= fference=E2=80=9D on staying in TV.

<= table>
THE TAKEAWAY

Streamers = are stealin=E2=80=99 cable=E2=80=99s playbook=E2=80=A6 Folks are cord-c= utting in record #s, but sports are mostly why many still stick around. As = streamers offer more live games, cable=E2=80=99s lifeline could be snipped.= ESPN made up over half of top telecasts for cable giant Charter in the pas= t year, yet Charter has lost access to the network in a financial feud with= Disney over, yes, streaming.

Sponso= red by Ladder
=

Have dependents or debt? Consider term life ins= urance.

Two of the most common reasons people get life insurance = are because they have dependents and debt.

Protect what matters:=C2=A0Term life insurance can help financially protect your loved ones sh= ould you pass away. For as low as $1 a day,* you could get $1M in coverage,= which your family could use to pay for things like mortgage payments, day-= to-day bills, college tuition, and more.=C2=A0Get your free quote in s= econds.

Ladder, NerdWallet=E2=80=99s 2023 Best Same-Day Term Life= Insurance winner, offers a 100% digital application with no medical exams = when you apply for $3M or less, only health related questions.

See if you're instantly approved.=C2=A0(Fun fact: 80% o= f Ladder policyholders were instantly approved).

<= /table>

<= /tr>
<= /tbody>
<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">Events
<= /table>

Coming up th= is week

=

One more thing=E2=80=A6 At Apple=E2=80=99s = annual iPhone event tomorrow (this year dubbed =E2=80=9CWonderlust=E2=80=9D= ), the mobile magnate=E2=80=99s expected to showcase its iPhone 15, fresh A= pple Watches, and updated AirPods. Like its predecessor events, the reveal = should be heavy on style and substance. Picture: new phone colors, camera u= pgrades, and (EU-mandated) standard charging ports. Apple=E2=80=99s hoping = new gadgets will fuel customers=E2=80=99 appetites: hardware makes up 75% o= f its total revenue, but iPhone, Mac, and iPad sales all fell last quarter = as electronics demand cooled.

Runnin=E2=80=99 on fumes=E2=80=A6 The United Auto Workers=E2=80=99 contract deadline with the Detroit Three= automakers (GM, Ford, Stellantis) expires Thursday ni= ght. If a deal isn=E2=80=99t reached, as many as 146K workers could strike = simultaneously =E2=80=94 a labor move that could cost the US economy $5B in= just 10 days. The union=E2=80=99s self-described =E2=80=9Caudacious=E2=80= =9D demands include a 32-hour workweek with 40-hour pay, the restoration of= traditional pensions, and a 46% raise (for ref: UPS workers recentl= y nabbed a 48% raise). Some analysts say a strike is likely.

<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">Zoom Out
<= /table>

Stories we= =E2=80=99re watching

Antitrust issues=E2=80=A6 The EU name= d six tech heavyweights as =E2=80=9Cgatekeepers=E2=80=9D under the Digital = Markets Act, a landmark regulation that aims to prevent techies from playin= g favorites with their own products and unfairly controlling (aka: gatekeep= ing) markets. On the naughty list: Apple, Alphabet, Amazon= , Meta, Microsoft, and TikTok owner ByteDance. The= y have six months to comply with the DMA or face fines of up to 10% of thei= r global annual sales (yikes). The DMA includes a ban on exclusive app stor= es and self-preferencing (think: pre-installed iPhone apps).

Beyon= d =E2=80=9CYes I am 18+=E2=80=9D=E2=80=A6 A Texas judge stalled a law t= hat would require adult-content sites like Pornhub to verify visitor= s=E2=80=99 ages. TX is one of six states that have passed laws requiring th= ese sites to ask visitors for ID uploads (Utah also uses facial-age analysi= s) and 12+ states have similar bills. Pornhub said its site traffic =E2=80= =94 which, btw, is the US=E2=80=99s 12th highest =E2=80=94 plunged 8= 0% in Louisiana after the state became the first to enact age verification = in January. That drop led Pornhub parent MindGeek to shutter its ser= vice in several states.

<= div style=3D"font-family: 'General Grotesque Bold', Arial; font-weight: 700= ; letter-spacing: 0.03em; text-transform: uppercase; color: #000000; paddin= g: 6px 19px; border-radius: 30px; border: 0; background-color:#62E5DA; disp= lay: inline-block;">ICYMI
<= /table>

Last week= 9;s highlights

  • Pantry: Warner Br= os. Discovery cut its profit forecast as the Hollywood strikes drag on.= While some studios are reporting cost savings (because=E2=80=A6 no product= ion), they can=E2=80=99t survive on the content stockpile forever.=C2=A0

  • Airbnban= : NYC Airbnb hosts must now register to rent their pl= aces for stays <30 days (and live at the location). Officials are trying= to curb a housing shortage that=E2=80=99s driven rent prices to record hig= hs.

  • Pumped= : Gas prices hit a decade-plus seasonal high after Saudi= Arabia and Russia said they=E2=80=99d continue to cut oil production throu= ghout the year. The price hike could stoke inflation beyond the pump.

What else we're Snackin'

  • RainLoop: Music streamers have b= eef with rain sounds. Streamer Deezer and Universal Music = struck a deal to double payouts to artists to ensure they get paid more= than popular white-noise uploads.=C2=A0

  • NetWorth: New data from the Fed s= howed that the stock market propelled US household wealth to a record $154T= (yes, trillion) last quarter. Rebounding home values helped drive the surg= e.=C2=A0

  • Subs: Automakers are putting subscripti= ons into 4WD, requiring drivers to pay extra to unlock features like live t= raffic info and hands-free driving. GM is targeting $25B in subs and= software revenue by 2030.

Want your Snacks daily?
<= img src=3D"https://cdn.robinhood.com/marketsnacks_assets/v2/news@2x.png" wi= dth=3D"24" height=3D"24">The Daily Newsletter
=
Get fresh takes on financial news every week day. Try a sa= mple:

=F0=9F= =95=B9=EF=B8=8F YouTube 4 gamers =E2=80=A2 Sep = 8, 2023
=F0=9F=A5=AB Holly= wood=E2=80=99s stockpile savings =E2=80=A2 Sep 7, 2023
=F0=9F=97=BD = NYC=E2=80=99s Airbn-ban =E2=80=A2 Sep 6= , 2023

=
Subs= cribe to the Daily
<= /td>
<= /table>
Snack Fact Of the Day
73M A= mericans plan to bet on this NFL season =E2=80=94 a 60% spike from last yea= r

<= /table>
This Week

  • Monday: Permissionless= DeFi conference begins. Earnings expected from Bowlero and Oracl= e=C2=A0

  • Tuesday: = Apple=E2=80=99s iPhone event

  • <= p>Wednesday: August core CPI data. Earnings expected from Cracker= Barrel and Semtech=C2=A0

  • Thursday: Initial jobless claims. United Auto Workers contract= set to expire. Earnings expected from Adobe and Lennar=C2=A0=

  • Friday: Consumer-sentim= ent data

Authors of this Snacks own shares of: Alphabet, Am= azon, Apple, Comcast, Disney, GM, Microsoft, and Nvidia

*Advertiser&#= x27;s disclosure: Price based on a 30-year-old male, preferred plus, $1M po= licy, 10-year term.

Ladder Insurance Services, LLC (CA license # OK22= 568; AR license # 3000140372) distributes term life insurance products issu= ed by multiple insurers =E2=80=93 for further details see=C2=A0ladderlife.com. All insurance products are gover= ned by the terms set forth in the applicable insurance policy. Each insurer= has financial responsibility for its own products. This email may be consi= dered advertising under applicable law. =C2=A92017-2023 and TM, NerdWallet,= Inc. All Rights Reserved. Forbes Advisor.=C2=A0230901-3095201

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=
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=
Sherwood Media, LLC produces fresh and unique perspectives o= n topical financial news and is a fully owned subsidiary of Robinhood Marke= ts, Inc., and any views expressed here do not necessarily reflect the views= of any other Robinhood affiliate... See more
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