HAPPY SATURDAY TO THE STREET.

And welcome back to Street Tweets from The Street Sheet!

This week, America announced the end of something with a 200-year-old legacy…The penny.

The US Treasury plans to officially phase out the penny in early 2026. Apparently, the government was paying $0.04 to create every 1-cent penny. So, nostalgia aside, this sounds like the fiscally responsible decision.

That’s one more thing to memorialize this weekend.

Happy Memorial Day! 🦅 

— Brooks & Cas

Sponsored by RYSE

THE AI REVOLUTION ISN’T COMING — IT’S ALREADY HERE

AI is making traditional home products obsolete at breakneck speed.

Tech giants like Amazon, Google, and Apple are spending billions to control every switch and surface in your home.

The message is clear: adapt or get left behind.

One company is capitalizing on this movement, turning one of the home’s most overlooked products — window blinds — into an AI-powered smart device. With 200% growth, they’re leaving old-school competitors behind.

Their patented technology doesn’t just survive in the new AI ecosystem — it thrives, gaining value with every voice assistant sold.

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MARKET REVIEW

Anxiety and uncertainty made a comeback this week, fueled by — you guessed it — more tariffs.

On Friday, the Trump administration threatened 50% tariffs on the European Union and 25% on iPhones made overseas. This news — combined with the fact that more Americans are falling behind on their “buy now, pay later” loans — didn’t thrill markets.

Elsewhere, investors are becoming increasingly skeptical about Zombiecorns, or billion-dollar startups with poor revenue growth and unit economics. Last year, 40% of venture capital funds went to AI companies like OpenAI, Perplexity, and Anthropic. These tools might be racking up users, but their financial statements haven’t wowed investors.

Which once again raises the big question: Is AI a bubble? Or is this just the same “move fast and break things” model that fueled companies like Uber $UBER ( ▲ 1.46% ), Amazon $AMZN ( ▲ 0.33% ), and Facebook $META ( ▼ 0.48% )? Time will tell — perhaps as soon as next week, when Nvidia $NVDA ( ▼ 1.36% ) reports earnings.

Over the past 5 days, all three major indexes finished down by more than 2%.

MARKET PREVIEW

On Monday, markets will be closed for Memorial Day.

Tuesday will bring an update on durable goods orders, consumer confidence, and the Case-Shiller Home Price Index.

Wednesday will offer insight into the FOMC’s most recent meeting, with the release of the May meeting’s minutes. This should shed a little more light on the Fed’s stance regarding inflation and interest rates.

Thursday will reveal growth expectations for America’s GDP over the next quarter, as well as multiple speeches from Fed bank presidents.

Friday will conclude a busy week with the releases of the PCE price index, personal income, personal spending, and trade balance advance estimate.

OpenAI is getting physical.

Sam Altman is teaming up with Jony Ive (of Apple $AAPL ( ▼ 1.08% ) fame) to launch the next generation of AI-powered devices. These devices will be screenless, leverage AI, and… you know what, that’s actually about all we know.

The announcement was big on hype (OpenAI wants to ship 100 million devices) but light on details (the product will let you use AI to create “all sorts of wonderful things”). That’ll ease those pesky bubble fears.

Hopefully you were “out of office” on Friday.

President Trump proposed dual tariffs on the EU (50%) and Apple (25%), triggering a widespread market selloff right before the weekend.

But we wouldn’t worry too much. There’s a legit chance these tariffs are gone or paused by Tuesday.

Speaking of which…

The boy who cried tariffs.

It makes sense that the word “tariff” is losing its luster, after the first round of tariffs came and went with little collateral damage — so far, at least.

Hopefully, this leads to less volatile markets over the coming months. That’d be great for our gray hairs.

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COULD THIS COMPANY DO FOR HOUSING WHAT TESLA DID FOR CARS?

Most car factories like Ford or Tesla reportedly build one car per minute. Isn’t it time we do that for houses?

BOXABL believes they have the potential to disrupt a massive and outdated trillion dollar building construction market by bringing assembly line automation to the home industry.

Since securing their initial prototype order from SpaceX and a subsequent project order of 156 homes from the Department of Defense, BOXABL has made substantial strides in streamlining their manufacturing and order process. BOXABL is now delivering to developers and consumers. And they just reserved the ticker symbol BXBL on Nasdaq*

BOXABL has raised over $170M from over 40,000 investors since 2020. They recently achieved a significant milestone: raising over 50% of their Reg A+ funding limit! BOXABL is now only accepting investment on their website until the Reg A+ is full.

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*Reserving a Nasdaq ticker does not guarantee a future listing on Nasdaq or indicate that BOXABL meets any of Nasdaq's listing criteria to do so.

The “Reverse Cramer Index” says it might be time to go all in.

CNBC’s Jim Cramer makes a lot of recommendations — and many of them aren’t very good.

This has prompted some retail traders to “reverse” Cramer’s decisions and simply trade the opposite of whatever he says.

Well, recently, he just announced that the bottom of this bear market isn’t in. So, Reverse Cramer says, sunny skies are ahead!

A bit of wisdom as you head off for your holiday weekend.

Struggling to reach your goals? Maybe you need to focus less on the goal itself, and more on the things preventing you from reaching it.

QUESTION