Volvo Cars Slashes 3,000 Jobs

And, Hyperliquid's May price surge.

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Today is Tuesday, May 27, 2025.

The Early Bird Index today is 79.96

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Volvo Cars Slashes 3,000 Jobs

Volvo Cars $VLVLY ( ▲ 0.09% ) plans to cut 3,000 jobs as the global automobile market faces new pressures in the age of President Trump’s tariffs.

Details: The company announced on Monday that it would lay off about 3,000 workers, mostly in Sweden, which represents 15% of its global workforce. The plan would save about $1.8 billion.

Quote: “The actions announced today have been difficult decisions, but they are important steps as we build a stronger and even more resilient Volvo Cars.” - Volvo CEO Håkan Samuelsson.

Early Bird’s Nest Egg Gains: The new tariffs introduced by President Trump have caused significant concern among automakers, with fears that the tariffs could disrupt global supply chains, drive up production costs, and ultimately lead to higher prices for consumers and reduced vehicle sales.

  • Several automakers and suppliers are cutting jobs or halting production due to the tariffs and the resulting uncertainty.

Final Thoughts: Volvo’s stock price has been flat in the last 30 days.

The key to a $1.3T opportunity

A new trend in real estate is making the most expensive properties obtainable. It’s called co-ownership, and it’s revolutionizing the $1.3T vacation home market.

The company leading the trend? Pacaso. Created by the founder of Zillow, Pacaso turns underutilized luxury properties into fully-managed assets and makes them accessible to the broadest possible market.

The result? More than $1b in transactions, 2,000+ happy homeowners, and over $110m in gross profits for Pacaso.

With rapid international growth and 41% gross profit growth last year, Pacaso is ready for what’s next. They even recently reserved the Nasdaq ticker PCSO.

But the real opportunity is now, before public markets. Until 5/29, you can join leading investors like SoftBank and Maveron for just $2.80/share.

This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.

Notables

Notable Earnings Today: Okta (Nasdaq: OKTA), Box (NYSE: BOX), AutoZone (NYSE: AZO), Champion Homes (NYSE: SKY), Sociedad Quimica y Minera (NYSE: SQM), Semtech (Nasdaq: SMTC), Agora (Nasdaq: API), BioLineRx (Nasdaq: BLRX), Dynagas LNG Partners (NYSE: DLNG), HEICO (NYSE: HEI), PDD Holdings (Nasdaq: PDD), Seanergy Maritime Holdings (Nasdaq: SHIP).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Gamers.bet (StartEngine).

Notable Economic Events Today: Durable Goods Orders / Core Durable Goods Orders (8:30 a.m. ET), S&P/Case-Shuller HPI Composite (9:00 a.m. ET), CB Consumer Confidence (10:00 a.m. ET).

Hyperliquid's May Price Surge

Source: Hyperliquid

The price of the cryptocurrency Hyperliquid has surged dramatically over the past week, reaching new all-time highs and drawing significant attention from investors.

Price: Hyperliquid is up about 40% in the past seven days, although the price fell about 4% on Monday. It is now the 11th-largest crypto by market cap.

Background: A decentralized exchange on a Layer 1 blockchain, Hyperliquid launched in 2023 and stands out among competitors because of its non-inflationary tokenomics, directing all platform revenues to its community.

Powering the Story: Hyperliquid’s recent price surge can be attributed to multiple factors. It is currently experiencing record-breaking on-chain activity with daily trading volumes up.

  • Crypto whales, parties that own a lot of crypto, have been buying a lot of Hyperliquid tokens recently.

Final Thoughts: While it’s great that Hyperliquid experienced rapid growth in May, it is still considered a volatile investment.

Trump Media Denies Crypto Buying Plan

On Sunday, Trump Media & Technology Group $DJT ( ▲ 2.4% ) denied a report from the Financial Times that it plans to raise $3 billion to invest in cryptocurrencies.

Final Thoughts: The stock is down 24.40% this year.

Bags Don’t Fly Free: Southwest Airlines Sets Fee for First Checked Bag at $35 (Wall Street Journal)

Interesting Analysis: VC vs. Non-VC Backed Valuations in Equity Crowdfunding (Kingscrowd)

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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.