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Today is Tuesday, March 24, 2026.

The Early Bird Index today is 73.42.

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PRESENTED BY BLUE CO

Understanding Blue Co’s Operating and Real Estate Structure

Blue Co Warehousing evaluated several expansion approaches while developing its growth strategy.

The company utilizes an OpCo/PropCo structure, which separates the operating business from the real estate entities. Structures like this are commonly used in commercial real estate and operating businesses because they allow operational activities and property ownership to be managed independently.

In Blue Co’s case, the operating company manages the co-warehousing platform, while separate entities hold property assets. This structure may provide flexibility for future strategic options involving operations, real estate, or both.

Additional information about the company’s structure, risks, and business model is available in the official offering materials.

Learn more here: wefunder.com/blueco

Bitcoin's Iran Conflict Pause

Monday was good for most investments and markets, with Bitcoin $BTC ( ▲ 0.99% ) in particular jumping about 4% for one of its best days in March.

Details: President Trump announced Monday plans to delay strikes in Iran so that negotiations can develop. This pause in the conflict eased the tension in the Middle East and boosted Bitcoin.

Background: Bitcoin is still down about 19% in 2026, although most of the drop came before the start of the U.S.-Iran conflict in late February.

Bigger Picture: Most crypto prices rose on Monday due to the pause in the conflict.

Early Bird’s Nest Egg Gains: Trump’s pause reduces immediate war risk and oil-shock fears. Markets are rotating back into risk assets like Bitcoin instead of hiding in pure safe havens like cash and Treasuries.

  • Less chance of near‑term strikes means lower probability of a sudden oil‑price spike and stagflation shock, which had been weighing on all risk assets.

Final Thoughts: If the strikes resume, then that could hurt Bitcoin’s price.

Notables

Notable Earnings Today: KB Home (NYSE: KBH), Braze (Nasdaq: BRZE), Core & Main (NYSE: CNM), AAR Corp (NYSE: AIR), Concentrix (Nasdaq: CNXC), Worthington Enterprises (NYSE: WOR), Smithfield Foods (Nasdaq: SFD), Absci (Nasdaq: ABSI), Achieve Life Sciences (Nasdaq: ACHV), Blaize Holdings (Nasdaq: BZAI),  Fennec Pharmaceuticals (Nasdaq: FENC), FGI Industries (Nasdaq: FGI), Heidmar Maritime Holdings (Nasdaq: HMR), Hesai Group (Nasdaq: HSAI), Lenz Therapeutics (Nasdaq: LENZ), MaxCyte (Nasdaq: MXCT),  NRX Pharmaceuticals (Nasdaq: NRXP), Sanara Medtech (Nasdaq: SMTI), Spectral AI (Nasdaq: MDAI), Vertical Aerospace (NYSE: EVTL).

Notable IPOs Today: Maywood Acquisition Corp. 2 Units (Nasdaq: MYXXU).

Notable Equity Crowdfunding Campaigns Ending Today: Qube Money (StartEngine), Vermillion Farms (Honeycomb).

Notable Economic Events Today: ADP Employment Change Weekly (8:15 a.m. ET), Unit Labor Costs (8:30 a.m. ET), Nonfarm Productivity (8:30 a.m. ET), S&P Global Manufacturing PMI (9:45 a.m. ET), S&P Global Services PMI (9:45 a.m. ET), S&P Global Composite PMI (9:45 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).

Estée Lauder's Possible Merger

Gif by Ejollify on Giphy

Cosmetics giant Estée Lauder Companies $EL ( ▼ 7.72% ) confirmed on Monday that it is in discussions about potentially merging with the Spanish beauty group Puig.

Details: Estée Lauder said no financial decision has been made, and no agreement has been reached.

Stock Price: Shares of Estée Lauder fell 7.72% during trading hours on Monday when a media report disclosing the merger talks was published. The stock recovered 0.57% in after-hours trading when the company confirmed the report. 

Final Thoughts: Estée Lauder’s stock is now down about 25% this year.

WisdomTree’s New Convertible Notes

Investment service provider WisdomTree $WT ( ▲ 1.89% ) ticked up 0.71% in after-hours trading on Monday after announcing $525 million in convertible notes to fund acquisitions.

Final Thoughts: The stock is up 49% in the past 12 months.

Risks and Opportunities: Big Banks Are Playing Both Sides of the Private Credit Meltdown (Wall Street Journal)

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.

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