Good morning. It’s Thursday, May 29 — and if your brain’s already checked out for the weekend, don’t worry, so has ours. You’re in good company.

Today in history: Edmund Hillary and Tenzing Norgay became the first confirmed humans to stand on top of Mount Everest in 1953. They reached the summit at 11:30 a.m., probably without a single granola bar or compression sock in sight. Just grit, guts, and frostbite. But fun fact: Everest isn’t technically the tallest mountain on Earth. That crown goes to Mauna Kea in Hawaii — which is over 10,000 meters tall when measured from its underwater base. So yeah, Everest is just the tallest part we can see. Like the tip of an iceberg, but with more expensive jackets.

Anyway. You're not summiting anything today unless it’s your inbox or a particularly aggressive load of laundry. And that's fine. Legends come in all forms. Thanks for starting your morning with us. Go be great.

Today’s stories:

• Supervision goes literal, no batteries needed

• Starship spins, explodes, again — progress

• Apple goes full Architectural Digest mode

• Truth Social wants Bitcoin billions now

• Sign language gets real-time subtitles

• Nvidia keeps humiliating Wall Street

• Texas offers $300M to Hollywood

• Human spine gets reboot trial run

• Smile — your house just unlocked

• Kilauea erupts. Again. No panic

• Loyalty or luggage: choose one

• Grok slides into your DM

  and more…

Stocks edged lower Wednesday as Wall Street waded through earnings reports and Fed minutes, all while holding its breath for Nvidia’s quarterly numbers. With trade tensions on pause, the spotlight shifted to Silicon Valley’s star chipmaker.

The S&P 500 fell 0.56% to 5,888.55, the Nasdaq slipped 0.51% to 19,100.94, and the Dow dropped 245 points to 42,098.70. Nvidia didn’t disappoint—shares jumped over 5% in after-hours trading as Q1 revenue soared 69%, smashing forecasts. The company’s results, now a bellwether for AI’s momentum, have become must-watch TV for traders betting big on the next tech wave.

_____

Southwest Ditches Free Bags

The airline’s decades-long “bags fly free” policy is officially dead for anyone who isn’t loyal, rich, or credit-carded up. Starting this week, unless you’ve hit A-List status, booked Business Select, or flashed their branded credit card, you’re paying. Everyone else gets charged — just like every other soul-crushing airline out there. Years of ads promising “freedom” now meet cold, transactional baggage math. Southwest says this will rake in $1.5 billion a year... and also lose them $1.8 billion from pissed-off travelers. A bold financial plan based on losing more than you make.

_____

Trump’s Media Group wants $3B to go full crypto bro. Trump Media & Technology Group is looking to raise $3 billion to spend on crypto. The plan includes $2 billion in fresh equity and $1 billion in bonds, all to buy Bitcoin and whatever else is pumping this week. Truth Social, NFTs, memecoins, mining—now they want an ETF too. The announcement may drop right before a Las Vegas crypto event headlined by Don Jr., Eric Trump, JD Vance, and David Sacks. The Trump orbit is all-in on turning the U.S. into a crypto playground, one blockchain at a time. This latest move copies the MicroStrategy model: raise a ton of money, buy Bitcoin, hope for the moon. Trump’s crypto portfolio already includes trading cards, weird coins, and mining deals. Add in some fundraising drama, throw in a private gala for token holders, and the vibes are peak unhinged capitalism.

Nvidia keeps dunking on Wall Street. For the past two years, Nvidia has been casually embarrassing analysts. Its earnings beat forecasts by an average of 9.8%, and revenue outperformed by 8.9%. That’s nearly double the S&P 500’s average earnings beat, which limped in at 5%. Out of eight quarters, Nvidia only missed once — barely — and still crushed revenue expectations every single time. While most companies surprise with a polite nudge, Nvidia shows up with fireworks and a mic drop.

Musk pays $300M to put Grok in your Telegram DMs. Elon Musk’s AI startup xAI is dropping $300 million to shove its chatbot, Grok, into Telegram. The deal, announced by Telegram CEO Pavel Durov, gives Telegram a cash boost and a front-row seat to Musk’s AI chaos. The one-year partnership means Telegram users will get access to Grok this summer — whether they asked for it or not. On top of the $300M, Telegram also gets half the cash from xAI subscriptions sold through the app. Musk calls it innovation. Durov calls it a win. Users will probably call it spam.

Apple’s “Solarium” Update

Apple’s cooking up its biggest makeover since iOS 7 — and it’s called Solarium. Coming soon to literally everything — iPhone, iPad, Mac, Apple Watch, even that Vision Pro headset no one asked for — this update will slap a bright, translucent, glassy look onto every pixel. According to Bloomberg’s Mark Gurman, “Solarium” is the codename, and it’s meant to make you think of a fancy sunroom. That’s right — your apps are going on a vacation to Architectural Digest. It’s all going down at WWDC 2025. Apple will unveil this shiny new face for its devices, and you’ll pretend to love it while frantically trying to figure out where Settings went.

_____

Face ID for your door. Apple’s building a smart doorbell with Face ID. Look at it, and your door unlocks — just like an iPhone, but for your house. It uses Apple’s Secure Enclave chip to keep your face data locked up tight, and could launch by the end of 2025. It’ll likely work with HomeKit and existing smart locks, but Apple may also bundle it with its own hardware. The whole thing runs on Apple’s new “Proxima” chip, part of a bigger smart home push that also includes new cameras, displays, and probably a robot arm for no reason at all.

Human trials begin for first-ever spinal cord regeneration therapy. A biotech firm in China just got the go-ahead to test a therapy that could actually reverse spinal cord injuries. It’s the first treatment of its kind to enter human trials, with both the FDA and China’s drug regulators giving it the green light this week. The therapy comes from XellSmart, and it uses pluripotent stem cells — the kind that can turn into any cell your body needs. In this case, they’re trying to regrow the neural tissue that gets wrecked in spinal injuries. Not just patching things up — actually rebuilding. Over 15 million people globally live with spinal cord injuries, usually from accidents, falls, or sports. Until now, all anyone could offer was surgery, rehab, and a whole lot of “manage expectations.” This could be a real shot at undoing the damage.

SpaceX blows up Starship again. SpaceX’s Starship exploded mid-air for the third time on Tuesday. The 400-foot mega-rocket, meant to one day carry humans to Mars, didn’t even make it through reentry. The booster blew up early, Starship leaked fuel, spun like a drunk frisbee, and then went boom — again. This was test flight #9. The last two, in January and March, also ended in fireballs. But Elon Musk is staying positive. He called it an “improvement” because the engines shut off when they were supposed to, and most of the heat shield didn’t fall off this time. The FAA is looking into it, again. No one was hurt, nothing got torched on the ground, and Musk says launches will happen “more frequently.” 

Scientists create infrared contact lenses. Scientists in China just built contact lenses that let people see infrared light — a part of the spectrum that’s normally invisible to humans. No batteries. No clunky goggles. Just pop in the lens and enjoy your new superpower. These lenses are fully transparent, so wearers can see both regular light and infrared at the same time. It's not just for sci-fi cosplay — the tech could also help people with color blindness and lead to a new wave of smart wearables.

Google’s new AI can translate sign language. Google just dropped a trio of new AI models under the Gemma brand, and one of them, SignGemma, translates sign language into spoken text. It's like subtitles, but way smarter — and way more useful. The main model, Gemma 3n, runs directly on your phone, tablet, or laptop. No cloud needed. It works on devices with less than 2GB of RAM, so yes, even that ancient Android in your junk drawer could get a little smarter.

Top investors are buying this “unlisted” stock

When the team that co-founded Zillow and grew it into a $16B real estate leader starts a new company, investors notice. That’s why top firms like SoftBank invested in Pacaso.

Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties – revamping a $1.3T market.

By handing keys to 2,000+ happy homeowners, Pacaso has already made $110m+ in gross profits.

Now, after 41% gross profit growth last year, they recently reserved the Nasdaq ticker PCSO. But the real opportunity is now, at the unlisted stage.

Until May 29, you can join Pacaso as an investor for just $2.80/share.

Invest before the window closes.

_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

Kilauea Erupts Again

On Sunday, Hawaii’s Kilauea volcano decided it was time for eruption #23 since December. It shot lava over 1,000 feet into the air (aka “Empire State, but spicy”), splashed molten drama all over the crater floor, and puffed out a 14,000-foot ash cloud. Scientists at the Hawaiian Volcano Observatory say there’s no immediate threat to local communities. Everything’s happening safely inside Hawai‘i Volcanoes National Park, and the rest of the volcano is quiet.

_____

Hollywood gets a southern accent. Texas wants the spotlight, and it's bringing a $300 million bribe to the table. Lawmakers just pushed through a bill that would give the state’s film industry a massive pile of tax incentives — all in hopes of luring Hollywood out of California and into cowboy country. The bill, part of the Texas Moving Image Industry Program (TMIIP), passed the House with barely a whisper of debate. Lt. Gov. Dan Patrick championed it, A-listers chimed in, and Rep. Todd Hunter tried to explain the numbers, which bounced between $300 million and $500 million depending on who you asked and how much math you were willing to trust. The final version: $300 million every two years, tucked into the state budget. Not quite Netflix money, but enough to turn some heads. 

_____

TikTok of the day: watch here

He’s already IPO’d once – this time’s different

Spencer Rascoff grew Zillow from seed to IPO. But everyday investors couldn’t join until then, missing early gains. So he did things differently with Pacaso. They’ve made $110M+ in gross profits disrupting a $1.3T market. And after reserving the Nasdaq ticker PCSO, you can join for $2.80/share until 5/29.

Invest today for $2.80/share.

_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

The key to a $1.3T opportunity

A new real estate trend called co-ownership is revolutionizing a $1.3T market. Leading it? Pacaso. Led by former Zillow execs, they already have $110M+ in gross profits with 41% growth last year. They even reserved the Nasdaq ticker PCSO. But the real opportunity’s now. Until 5/29, you can invest for just $2.80/share.

Invest in Pacaso today.

_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

We wanna be friends with your friends

Share Increadible Newsletter (increadible.com) with your friends and stay informed anxiety-free together