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Today is Monday, September 22, 2025.

The Early Bird Index today is 94.07.

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Tylenol Maker Faces Big Test 🏥

Consumer health company Kenvue’s $KVUE ( ▲ 1.33% ) rough September is about to get more difficult.

Details: On Sunday, the Washington Post reported that the Trump administration will potentially tie pregnant women’s use of Tylenol to autism. The announcement could happen as early as today.

Background: In early September, the Wall Street Journal reported that Health Secretary Robert F. Kennedy Jr. was planning to link autism to Tylenol use in pregnancy.

Stock Price: Shares of Kenvue, the maker of Tylenol, are down 14% in the last 30 days.

Fact Check: Tylenol use during pregnancy is not proven to cause autism, and current scientific evidence does not establish a direct causal link between the two.

Early Bird’s Nest Egg Gains: Kenvue investors may have legitimate reasons for concern now that the Trump administration plans to officially link Tylenol use during pregnancy to autism risk, as this could reignite challenges for the company.

• The mere announcement by the administration may lead to short-term volatility in Kenvue’s stock price.

• New government actions related to autism claims could significantly affect the company’s financial and reputational stability in the coming months.

Final Thoughts: With all the recent damage to Kenvue, the stock is down 13% in 2025.

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Notables

Notable Earnings Today: Firefly Aerospace (Nasdaq: FLY), Marti Technologies (NYSE American: MRT).

Notable IPOs Today: HCM III Acquisition Corp. Class A Ordinary Share (Nasdaq: HCMA).

Notable Equity Crowdfunding Campaigns Ending Today: SurgiQuality (StartEngine), Equanimity Tequila (Honeycomb).

Notable Economic Events Today: N/A.

HyperLiquid Drops Amid Selling

The price of the cryptocurrency HyperLiquid fell about 7% on Sunday as sentiment in the digital assets market changed.

Details: HyperLiquid’s price dropped as whales (traders who own a lot of crypto) sold a lot over the weekend.

• Among the whales who sold recently was BitMEX co-founder Arthur Hayes, who adjusted his Hyperliquid portfolio.

Price: HyperLiquid’s price has nearly doubled in the past year. 2025 has been great for most crypto prices, but the market has been adjusting to new patterns in recent months.

Final Thoughts: HyperLiquid’s wild price swings in the past few days show how volatile this asset can be.

Dogecoin’s Bad Week Continues

Dogecoin $DOGE.X ( ▼ 10.55% ) , the popular meme coin, fell about 7% on Sunday due mainly to bearish technical signals and broader market uncertainty.

Final Thoughts: In the past week, Doegcoin has fallen about 11%.

Trends to Watch

What’s Next: Now that the Fed has cut rates, investors can focus on what really matters for markets (MarketWatch)

Job Market Looks Bad: Former Trump economic official Gary Cohn says "we've seen the job market degrade," though it may be "temporary" (CBS News)

Cloudy Picture: Will the $100,000 Visa Fee Create More U.S. Jobs? Economists Aren’t So Sure (Wall Street Journal)

TikTok’s Latest News: Trump says Murdochs are potential TikTok deal partners (CNBC)

Still Guessing: Bitcoin traders have these BTC price levels in mind at $116K (Cointelegraph)

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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.}