Ferrari, Trade Wars, and the Big Crunch

⚡ Ferrari EV launch overshadowed by stock slump – Ferrari has officially unveiled the tech behind its first electric car, the Elettrica, as part of a broader push toward electrifying 20% of its lineup by 2030. But the big moment fizzled on Wall Street; shares tumbled as much as 16%, erasing €12 billion in market value after the company scaled back its electrification targets and offered cautious financial guidance. Even for a giant like Ferrari, the road to electrification comes with the usual bumps.

🌀 Physicists predict the universe’s collapse – A new cosmological model suggests the universe won’t expand forever but will eventually reverse course, triggering a catastrophic “Big Crunch.” According to the study, dark energy, the mysterious force driving cosmic expansion, may weaken in about 11 billion years, allowing gravity to take over. From that point, the universe could collapse in just 8 billion years, compressing into a singularity. Glad we don't have to worry about this one for a while...

🚗 DoorDash rolls out robot deliveries in LA – DoorDash is partnering with Serve Robotics to launch sidewalk delivery robots across Los Angeles, marking a major step in the company's push toward autonomous logistics. The robots, which will handle short-distance, low-cost orders, aim to increase efficiency while reducing delivery times and costs. This move is part of DoorDash’s broader “multi-modal” strategy combining human couriers, drones, and now robots. With over 100,000 successful deliveries already under its belt, Serve’s fleet is ready to take on the streets of LA, as the robot delivery era is officially underway.

This week, S&P Global made headlines by announcing the S&P Digital Markets 50 Index, the first benchmark to blend major cryptocurrencies and publicly-traded crypto-linked equities in a single package. For the first time, investors can track both digital coins, like Bitcoin and Ethereum, and the big public companies building crypto’s future, all in one number.

A diversified crypto basket, but plenty of bumps ahead
The new index includes 15 top digital assets alongside 35 well-known companies in the crypto and blockchain ecosystem (Coinbase, MicroStrategy, Block, and more). There are strict rules to keep any single asset from dominating: each is capped at 5% of the index. S&P’s goal is simple: bring digital assets closer to traditional finance, making it easier for institutions and everyday investors to understand and follow the sector. It’s a big move for Wall Street, and another move bringing crypto further into the mainstream.

What are experts watching next?
With S&P Global’s move, financial analysts, regulators, and asset managers are now watching to see how the Digital Markets 50 Index influences investor behavior. Will it bring more institutional capital into crypto, or reinforce the need for smarter diversification in these volatile markets? Regulators, unsurprisingly, see the index as a potential benchmark for future rules on digital asset funds. How quickly, or cautiously, traditional finance embraces these indexes could shape both crypto adoption and portfolio strategy in the years ahead.

Yet another stress test for volatility
The excitement around the index’s launch didn’t last long before global headlines shifted: President Trump’s Friday tariff announcement on Chinese imports sent both the stock and crypto markets into a tailspin, with Bitcoin and Ethereum plunging double digits alongside the S&P 500. It’s a pointed reminder: no matter how mainstream crypto gets, it’s still highly sensitive to big-picture economic shocks and as volatile as ever. This week’s wild swing is the latest proof that caution isn’t just important; it’s essential.

So…what does it all mean?
This is certainly not a sign to abandon tried-and-true investments. While crypto’s integration signals a change in how modern portfolios might look for some, it’s still early days; cryptocurrencies are as incredibly volatile as ever, regulations remain in flux, and diversification is more important than it’s ever been. S&P’s index says digital assets are here to stay, but they’re just one ingredient in a much larger menu for investors focused on building long-term wealth.

The Real Estate Perspective
For those of us in real estate, watching crypto’s daily ups and downs from the sidelines, S&P’s move serves as a reminder: even as headlines shift, tangible assets like real estate remain a key foundation for steady returns and peace of mind, with less volatility while still delivering recurring cash flow and long-term appreciation. After all, there’s a reason that over 90% of the world’s millionaires reached that status through real estate.

More than $47,000 has already been raised for The Lando, a well-occupied, revenue-producing PadSplit located in Southwest Atlanta, the birthplace of PadSplit and its most established market to date. This former duplex has been seamlessly converted into a 12-bedroom, 3-bathroom co-living asset with multiple years of successful operations.

This off-market opportunity was acquired $22,000 below list price, adding strength to the deal and boosting long-term upside. With a targeted Year 1 post-fee income of $76,000, a 9.2% cash yield, and a 2.4x levered MOIC, The Lando combines operational stability with compelling returns.

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• This past Friday, President Trump imposed a sweeping 100% tariff on Chinese imports, sparking a sharp selloff across both stocks and crypto. The S&P 500 logged its worst drop since April, while Bitcoin and Ethereum dove double digits as investors fled for safety. The move, a response to China’s rare earth export curbs, has thrown global markets back into trade war mode. Buckle up for a wild ride.
• A new long-term study tracking over 100,000 people has found that consuming more than one can of soda per day whether sugary or artificially sweetened may significantly increase the risk of metabolic dysfunction-associated steatotic liver disease (MASLD). Remarkably, diet sodas were tied to a 60% higher risk of developing MASLD and to liver-related death effects not seen with sugary sodas in this analysis. Another day, another new finding to keep us on our toes.
• In a major move to expand its “Physical AI” ambitions, SoftBank has agreed to buy ABB’s robotics division for $5.4 billion. The unit, which employs around 7,000 people and generated $2.3 billion in revenue last year, had previously been earmarked for a spin-off. Instead, the deal will bring ABB’s advanced industrial robots under SoftBank’s growing AI and automation portfolio. The acquisition is expected to close by mid-to-late 2026 pending regulatory approval, and signals SoftBank’s deeper push into the future of intelligent machines.

This book is an inviting exploration of bookstores’ unique hold on our hearts. Friss chronicles how these stores have shaped communities from the days of Benjamin Franklin to today’s indie revival, complete with vivid stories of iconic shops and passionate booksellers. His writing makes it easy to see why bookshops feel like a second home to so many even to this day.

I don't know about you, but I have always found comfort in browsing the aisles of Barnes & Noble, and Friss captures that atmosphere perfectly. He shows how bookstores are more than retail; they’re gathering places, sources of inspiration, and, sometimes, battlegrounds for the soul of culture. From Amazon's rise to the enduring appeal of getting lost among the shelves, the book’s stories ring true for anyone who loves the ritual of in-person browsing.

Whether you’re a bookstore regular or just someone who loves a good history, The Bookshop delivers. It’s a celebration of community and curiosity, proof that as long as readers gather, bookstores will find a way to endure.

⭐ 4.77 / 5.0 in my book (no pun intended)

1. "Why do fireflies have to die so soon?"
2. “Your future hasn’t been written yet. No one's has. Your future is whatever you make it. So make it a good one”
3. "Do or do not. There is no try,"

Sharks have been around for more than 400 million years, long before the first trees took root, which didn’t happen until about 350 million years ago. They've survived multiple mass extinctions, watched entire species come and go, and are still cruising the seas today. That’s some serious staying power.

1. Grave of the Fireflies (Setsuko)
2. Back to the Future (Dr. Emmett Brown)
3. Star Wars: The Empire Strikes Back (Yoda)