Wix acquired Base44 in June 2025 for $80M when it had ~$3M in ARR. Base44 is now at $150M in ARR, 11 months later. Wix stock is down 70% over the last year. Wild to think where it'd be without this acquisition.

🚨HUGE: The US 10Y Treasury yield just broke above 4.50% for the first time since June 2025. Meanwhile: • 30Y yield hit 5.00%. • 30Y mortgages approaching 7%. • Inflation at a 3-year high. Last April, this exact 10Y level triggered Trump's tariff pause. The bond market is forcing the administration's hand again. What does it trigger this time?

It's like clockwork. The 10Y Note Yield is now above 4.50% for the first time since June 2025. This is the same level that resulted in President Trump's "90-day tariff pause" in April 2025. Meanwhile, rate HIKES are now the base case for the Fed's expected next move. As a result, average rate on 30Y mortgage in the US is nearing 7% and inflation is at a fresh 3-year high. Seemingly overnight, "higher for longer" interest rate policy is back. How long can this last?

Hasbro has cancelled its publishing deal with Giant Skull for the planned single-player Dungeons & Dragons action-adventure game. The project was announced in June 2025 and led by Stig Asmussen, director of God of War 3 and the Star Wars Jedi: Fallen Order series. Asmussen had assembled a team of veterans from his previous projects at Respawn and EA. According to Bloomberg, the cancellation is part of a larger reorganisation at Wizards of the Coast, which also included the earlier closure of the internal studio Atomic Arcade. Hasbro has stated that it remains open to new project pitches from Giant Skull.

326 days at sea for the Gerald R. Ford, the longest carrier deployment since Vietnam. She left Norfolk in June 2025 for a routine Mediterranean rotation and came home having covered Venezuela, the Red Sea, and Iran operations. The Navy doesn't extend a carrier three times because things are going well.