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Today is Monday, June 2, 2025.

The Early Bird Index today is 80.67

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PRESENTED BY AXCAP VENTURES

Targeting Gold Value Gaps in a Surging Market

Axcap Ventures (CSE: AXCP | OTC: GARLF)

Axcap Ventures Inc. is a Canadian-listed investment issuer focused on investments in strategic, early-stage gold assets. As gold prices hit new highs and institutional demand accelerates, Axcap is acquiring in-ground ounces at a fraction of historic developer valuations—positioning itself to benefit from a dislocated gold equity market.

Key Highlights:

• ~8M ounces of gold exposure across Converse (Nevada) and Rattlesnake Hills — acquired at <$4/oz on average.
  

• Flagship: Converse Project in Nevada with 5.57Moz Measured & Indicated — one of the largest undeveloped resources in the U.S.
  

• Gold is up ~70% in 15 months — but early-stage equities like Axcap remain overlooked.
  

• $3.05M investor awareness campaign now underway to drive visibility across North America and Europe.
  

• Trading at $0.18/share with a market cap of C$52.3M — making it one of the lowest-cost gold developers on the market.

_{This content is informational only and is solely for use by prospective investors in determining whether to seek additional information. This does not constitute an offer to sell or a solicitation of an offer to buy any securities. Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for your}

_{Further investigation; they are not stock recommendations or constitute an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing ,including reading the companies’ SEDAR+ and SEC filings, press releases, and risk disclosures. It is our policy that information contained in this profile was provided by the company, extracted from SEDAR+ and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.} 

_{Forward Looking Statements: This content contains forward-looking statements about Axcap Ventures Inc., which are identified by terms such as "anticipate," "expect," and "project."; These statements reflect current views regarding company performance, business goals, healthcare market expectations, and intellectual property development. The statements are based on current business and market expectations. However, they involve various risks and uncertainties, including potential delays, financial difficulties, and operational challenges. Additional risks include possible regulatory approval delays, market disruptions, personnel issues, and competitive pressures. Given these risks and uncertainties, actual results may differ significantly from what is described in the forward-looking statements. Readers should not place undue reliance on these statements, which are only valid as of the article’s publication date and we undertake no obligation to update.}

Tesla's China Rival BYD Grows Sales

As Tesla’s $TSLA ( ▲ 0.46% ) business in China struggles, its rival BYD $BYDDF ( ▲ 3.66% ) posted strong May sales numbers on Sunday.

Details: China-based BYD said it sold 382,000 vehicles in May. Of those vehicles sold, 204,000 were electric and 172,000 were plug-in hybrids. This represents a 15% increase in sales since last year and the best month of the year for the automaker.

Yes, But: A big reason behind BYD’s sales surge is that the company slashed prices in May. In some cases, the discounts were 30% or more.

Background: Tesla's sales in China have been weak in 2025. From January to April, retail sales were essentially flat year-on-year.

Early Bird’s Nest Egg Gains: BYD's strong sales growth in May 2025 is a clear negative for Tesla in China, intensifying the competitive pressure in the world's largest electric vehicle market.

• Tesla faces mounting challenges as BYD's price cuts force other automakers to respond, squeezing profit margins for the entire sector.

• BYD's growth is not limited to China. It has also recently overtaken Tesla in EV sales in Europe for the first time.

Final Thoughts: Tesla’s stock is down 8% this year while BYD’s stock is up 48%.

Notables

Notable Earnings Today: Campbell Soup (Nasdaq: CPB), Credo Technology Group (Nasdaq: CRDO), Science Applications (Nasdaq: SAIC).

Notable IPOs Today: Copley Acquisition Corp (NYSE: COPL).

Notable Equity Crowdfunding Campaigns Ending Today: Counterdrone (StartEngine), Good Thoughts (StartEngine), Spike AI (Wefunder).

Notable Economic Events Today: Counterdrone (StartEngine), Good Thoughts (StartEngine), Spike AI (Wefunder).

Dogecoin Suffers Late May Slump

The price of the cryptocurrency Dogecoin $DOGE.X ( ▲ 0.41% ) ticked up 1% on Sunday following one of the worst weeks of the year for the so-called meme coin.

Details: Dogecoin is down 15% in the last week of May, which was the worst performance among major cryptos during that time.

Powering the Story: Dogecoin’s late May slump happened because of several reasons. Macro uncertainties have forced investors to stay away from risky assets such as Dogecoin. Historically, this time of the year has been bad for Dogecoin. And Elon Musk stepping away from involvement in Trump’s "DOGE" government initiative is hurting the price.

Final Thoughts: Dogecoin is down 38% in 2025.

Samsung’s Potential Perplexity Deal

Samsung Electronics $SSNLF ( ▼ 3.18% ) might be involved in a new partnership with a growing AI company.

Details: Bloomberg reported on Sunday that Samsung is nearing a deal to invest in Perplexity and partner with the AI provider. The partnership includes preloading Perplexity’s app and assistant on upcoming Samsung devices, according to the report.

Final Thoughts: This could give Samsung’s stock a boost. It is up about 6% in 2025.

Trends to Watch

Bad for U.S. Tourism: It’s Summer Vacation Time. Tourists Are Saying No to America. (Wall Street Journal)

Restored: TON blockchain network back online after brief outage (Cointelegraph)

Expect Lower Oil Prices: Oil prices jump after OPEC+ agrees to another sharp production hike (MarketWatch)

We’ll See About That: Trump advisers defend tariffs amid legal fight, insisting they’re ‘not going away’ (CNBC)

Tumbling: Morgan Stanley Sees Dollar Falling 9% on Slowing US Growth Bets (Bloomberg)

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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.}