Jack Crivici-Kramer & Nick Martell

Because the number one theme of drinks for the last five years is functional beverage. Basically, beverages with a health ingredient. Iced tea with electrolytes. Coffee with adaptogens. Milk with... With CBD magnesium. Yeah, or how about just functional sodas right now? Olipop, Poppy. They both added prebiotics, and now they're both worth over two billion bucks.

One of them just got bought by Pepsi. Gruen's applied the same strategy to snackable treats. We call it functional candy. Basically, one concept worked in the beverage industry, so it was applied to a different industry. That is idea arbitrage. Yes, it is. Jack, could you whip up the takeaways for us for the real Friday? The US and the UK announced a trade deal yesterday.

One of them just got bought by Pepsi. Gruen's applied the same strategy to snackable treats. We call it functional candy. Basically, one concept worked in the beverage industry, so it was applied to a different industry. That is idea arbitrage. Yes, it is. Jack, could you whip up the takeaways for us for the real Friday? The US and the UK announced a trade deal yesterday.

One of them just got bought by Pepsi. Gruen's applied the same strategy to snackable treats. We call it functional candy. Basically, one concept worked in the beverage industry, so it was applied to a different industry. That is idea arbitrage. Yes, it is. Jack, could you whip up the takeaways for us for the real Friday? The US and the UK announced a trade deal yesterday.

It's a small de-escalation in the trade war. What you're saying, Jack, is it's a Ron Weasley trade deal right there. Okay, you're still pushing that narrative. I'm going to make it happen. I'm going to make it happen. It's a reminder that trade is a positive sun game. For our second story, Google's code red chatbot threat just got real because Apple might replace Google with a chatbot.

It's a small de-escalation in the trade war. What you're saying, Jack, is it's a Ron Weasley trade deal right there. Okay, you're still pushing that narrative. I'm going to make it happen. I'm going to make it happen. It's a reminder that trade is a positive sun game. For our second story, Google's code red chatbot threat just got real because Apple might replace Google with a chatbot.

It's a small de-escalation in the trade war. What you're saying, Jack, is it's a Ron Weasley trade deal right there. Okay, you're still pushing that narrative. I'm going to make it happen. I'm going to make it happen. It's a reminder that trade is a positive sun game. For our second story, Google's code red chatbot threat just got real because Apple might replace Google with a chatbot.

Google search is facing its DVD moment. And our third and final story is grunts. It's all over your social media. They're functional gummy bears and they're now worth $500 million. Because sharing is caring. Actually, this is a case of idea arbitrage. They took what's working in one industry and they brought it to another. But yetis, this pod's not over yet.

Google search is facing its DVD moment. And our third and final story is grunts. It's all over your social media. They're functional gummy bears and they're now worth $500 million. Because sharing is caring. Actually, this is a case of idea arbitrage. They took what's working in one industry and they brought it to another. But yetis, this pod's not over yet.

Google search is facing its DVD moment. And our third and final story is grunts. It's all over your social media. They're functional gummy bears and they're now worth $500 million. Because sharing is caring. Actually, this is a case of idea arbitrage. They took what's working in one industry and they brought it to another. But yetis, this pod's not over yet.

Here's what else you need to know today. First, white smoke rose in Rome, and the Catholic world has a very first American pope. Robert Francis Prevost. Prevost? I'm not sure that's his last name pronunciation. Or pronouncing pronunciation, apparently, Jack. Either way, this new pope was born in Chicago, and he actually went to high school in Michigan.

Here's what else you need to know today. First, white smoke rose in Rome, and the Catholic world has a very first American pope. Robert Francis Prevost. Prevost? I'm not sure that's his last name pronunciation. Or pronouncing pronunciation, apparently, Jack. Either way, this new pope was born in Chicago, and he actually went to high school in Michigan.

Here's what else you need to know today. First, white smoke rose in Rome, and the Catholic world has a very first American pope. Robert Francis Prevost. Prevost? I'm not sure that's his last name pronunciation. Or pronouncing pronunciation, apparently, Jack. Either way, this new pope was born in Chicago, and he actually went to high school in Michigan.

But then the cardinals elected him pope, and he will adopt the new name Pope Leo XIV. Peace be with you all is the first thing he said. And the second thing he said was, go Cubs. Yeah, he's not a White Sox guy. No, just kidding about that last part. And second, another big reveal. Utah's NHL hockey team will now officially be called the Mammoth. We're relieved.

But then the cardinals elected him pope, and he will adopt the new name Pope Leo XIV. Peace be with you all is the first thing he said. And the second thing he said was, go Cubs. Yeah, he's not a White Sox guy. No, just kidding about that last part. And second, another big reveal. Utah's NHL hockey team will now officially be called the Mammoth. We're relieved.

But then the cardinals elected him pope, and he will adopt the new name Pope Leo XIV. Peace be with you all is the first thing he said. And the second thing he said was, go Cubs. Yeah, he's not a White Sox guy. No, just kidding about that last part. And second, another big reveal. Utah's NHL hockey team will now officially be called the Mammoth. We're relieved.

To be honest. At first, we were pushing the Yetis. We thought that would be cool. Yeah, but then Utah Yetis would bring up a lot of trademark issues for Jack and I. So the Utah Hockey Club is now the Utah Mammoth. White smoke came out of the Zamboni and a new name was born. And finally, Bill Gates is giving away $200 billion over the next 20 years.

To be honest. At first, we were pushing the Yetis. We thought that would be cool. Yeah, but then Utah Yetis would bring up a lot of trademark issues for Jack and I. So the Utah Hockey Club is now the Utah Mammoth. White smoke came out of the Zamboni and a new name was born. And finally, Bill Gates is giving away $200 billion over the next 20 years.

To be honest. At first, we were pushing the Yetis. We thought that would be cool. Yeah, but then Utah Yetis would bring up a lot of trademark issues for Jack and I. So the Utah Hockey Club is now the Utah Mammoth. White smoke came out of the Zamboni and a new name was born. And finally, Bill Gates is giving away $200 billion over the next 20 years.

All the money will basically be given away by 2045. This will wind down the Gates Foundation, which has already given away $100 billion. Bill Gates is basically accelerating his giving because the world could really use it. Now, time for the best fact yet. This one sent in by Jennifer and Alice, who happen to be Jax and my moms, and Alex and Molly, who happen to be our wives, who are also moms.