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This episode is brought to you by Subaru. You know that place your mind always wanders to? The lake, the mountains, the homes of the people you love most. The completely redesigned 2026 Subaru Outback is built to help you get there. With legendary capability, standard symmetrical all-wheel drive, and the confidence to go further. The 2026 Subaru Outback. Love never looked so good. Visit Subaru.com slash Outback to learn more.

This episode is brought to you by Subaru. You know that place your mind always wanders to? The lake, the mountains, the homes of the people you love most. The completely redesigned 2026 Subaru Outback is built to help you get there. With legendary capability, standard symmetrical all-wheel drive, and the confidence to go further. The 2026 Subaru Outback. Love never looked so good. Visit Subaru.com slash Outback to learn more.

Can make me feel like a spectator in my own life. Botox, onabotulinum toxin A, prevents headaches in adults with chronic migraine. It's not for those with 14 or fewer headache days a month. It's the number one prescribed branded chronic migraine preventive treatment. Prescription Botox is injected by your doctor. Effects of Botox may spread hours to weeks after injection causing serious symptoms. Alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness can be signs of a life-threatening condition. Patients with these conditions before injection are at highest risk. Side effects may include allergic reactions, neck and injection site pain, fatigue, and headache. Allergic reactions can include rash, welts, asthma symptoms, and dizziness. Don't receive Botox if there's a skin infection. Tell your doctor your medical history, muscle or nerve conditions, including ALS, Lou Gehrig's disease, myasthenia gravis, or Lambert-Eaton syndrome, and medications, including botulinum toxins, as these may increase the risk of serious side effects. Why wait? Ask your doctor, visit BotoxChronicMigraine.com, or call 1-800-44-BOTOX to learn more.

Can make me feel like a spectator in my own life. Botox, onabotulinum toxin A, prevents headaches in adults with chronic migraine. It's not for those with 14 or fewer headache days a month. It's the number one prescribed branded chronic migraine preventive treatment. Prescription Botox is injected by your doctor. Effects of Botox may spread hours to weeks after injection causing serious symptoms. Alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness can be signs of a life-threatening condition. Patients with these conditions before injection are at highest risk. Side effects may include allergic reactions, neck and injection site pain, fatigue, and headache. Allergic reactions can include rash, welts, asthma symptoms, and dizziness. Don't receive Botox if there's a skin infection. Tell your doctor your medical history, muscle or nerve conditions, including ALS, Lou Gehrig's disease, myasthenia gravis, or Lambert-Eaton syndrome, and medications, including botulinum toxins, as these may increase the risk of serious side effects. Why wait? Ask your doctor, visit BotoxChronicMigraine.com, or call 1-800-44-BOTOX to learn more.

Support for Markets comes from Anthropic. Your day-to-day tasks can be impossible to wrangle with data and to-do lists spread across different tabs and different windows. But with Claude, you can have access to all the information you need to face the complex problems your day brings and solve them. Claude is the AI for minds that don't stop at good enough. It's a collaborator that actually understands your entire workflow and thinks with you. Whether you're debugging code at midnight or strategizing your next business move, Claude extends your thinking to tackle the problems that matter. You can delegate tasks of all sizes from tedious bug fixes to new feature ideas, then handle the other work while Claude runs in the background. Claude has checkpoints that let you save progress and roll back to any previous state instantly. Plus, you can set up workflows to run on a schedule such as daily reports, weekly summaries, and recurring data pulls that can help your day-to-day operations. For problems worth solving, get started with Claude at claude.ai slash markets. That's claude.ai slash markets. And check out Claude Pro, which includes access to all of the features mentioned in today's episode. claude.ai slash markets.

Support for the show comes from BCX, the public ticker for private tech. For generations, American companies have moved the world forward through their ingenuity and determination. And for generations, everyday Americans could be a part of that journey through perhaps the greatest innovation of all, the U.S. stock market. It didn't matter whether you were a factory worker in Detroit or a farmer in Omaha. Anyone could own a piece of the great American companies. But now that's changed. Today, our most innovative companies are staying private rather than going public. The result is that everyday Americans are excluded from investing and getting left further behind while a select few reap all the benefits. Until now. Introducing VCX, the public ticker for private tech, now available wherever you buy stocks. VCX by Fundrise gives everyone the opportunity to invest in the next generation of innovation, including the companies leading the AI revolution, space exploration, defense tech, and more. Visit getvcx.com for more info. That's getvcx.com. Carefully consider the investment material before investing, including objectives, risks, charges, and expenses. This and other information can be found in the fund's prospectus at getvcx.com. This is a paid sponsorship.

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Flies taking over your kitchen? Meet STEM's flying insect light trap, an easy, mess-free way to capture flying insects like house flies, fruit flies, gnats, mosquitoes, and moths. Powered by UV light, STEM's light trap attracts, traps, and kills 99.9% of trapped insects all without chemical insecticides. And it works 24/7—no mess, no noise, no odor. Live life never bugged. With STEM, visit stemforbugs.com to learn more.

Every week, the Snap Judgment podcast drops you inside someone's biggest decision. The kind of decision you can only make once. With everything on the line, what do you believe? What do you want? And what would you risk to get it? Find out. Tap to listen now to Snap Judgment from KQED on Spotify.

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This episode is brought to you by Subaru. You know that place your mind always wanders to? The lake, the mountains, the homes of the people you love most. The completely redesigned 2026 Subaru Outback is built to help you get there. With legendary capability, standard symmetrical all-wheel drive, and the confidence to go further. The 2026 Subaru Outback. Love never looked so good. Visit Subaru.com slash Outback to learn more.

Support for the show comes from Vanguard. To all the financial advisors listening, let's talk bonds for a minute. Capturing value in fixed income is not easy. Bond markets are massive, murky, and let's be real, lots of firms throw a couple flashy funds your way and call it a day, but not Vanguard. Vanguard's bond lineup is built around institutional quality. And institutional quality isn't just a tagline. It's a commitment to delivering the kind of investment solutions that your clients deserve. That means access to more than 80 bond funds actively managed by a global team of over 200 sector specialists, analysts, and traders. While some firms like to spotlight a single star portfolio manager, Vanguard takes a different approach. They believe the strongest active strategies come from collaboration, with ideas shared across the entire investment team. That means your clients benefit from the collective expertise of hundreds of investment professionals, not just one person's perspective. So if you're looking to give your clients consistent results year in and year out, go see the record for yourself at vanguard.com slash audio. That's vanguard.com slash audio. All investing is subject to risk. Vanguard Marketing Corporation Distributor.