Nick Martell

No change to interest rates.

Meanwhile, Meta announced earnings that beat and Microsoft announced earnings that missed.

And on top of it all, the stock market's at a record high while consumer confidence just hit a 12-year low.

Wild economy, Yetis.

Started sounding like a country music song.

This is up, this is down, Jack.

And second, sad day for Comfy Feet.

Allbirds is officially closing all their brick-and-mortar shoe stores.

Silicon Valley's favorite shoe was once worth $4 billion, but since the IPO, the stock has fallen by over 99%.

They're now worth about $30 million.

Never forget that first shoe store of theirs in Soho, by the way, Jack.

They had a human-sized hamster wheel so you could test the shoes out on it.

Remember that?

Brilliant.

Yes.

But also, a warning.

Never forget the three Fs of fads.

Food, fitness, and fashion.

And finally, the hot new acquisition of 2026, it's Indian cricket teams.

Blackstone and Carlisle, two USPE firms, are about to acquire two cricket teams over in India.