Amazon launches grocery subscriptions and Apple is launching new iPads 🍏

Sponsored by

It’s Wednesday, which means welcome (back) to Product Scoop, renamed from Research Scoop. We’re the newsletter delivering news, insights, and analysis into the tech sector. Don’t forget, we got the scoops.

Today’s a special one, this edition is brought to you by our friends at Ryse. Click the link below to check em’ out or keep scrollin’ down to find the scoop 👇

Invest before this company becomes a household name

What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?

Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.

They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.

Learn how you can become a shareholder.

Woohoo you found it, here’s your scoop below👇

🚗 Amazon launches grocery delivery subscription 

• Amazon has announced the launch of a new unlimited grocery delivery subscription service for Prime members and customers with an EBT card (Electronic Benefit Transfer) in the U.S., available in 3,500 eligible cities and towns. The subscription costs $9.99 per month for Amazon Prime users and $4.99 per month for EBT card holders. Read more

💰 Perplexity is raising $250M+ at $2.5-$3B valuation

• Perplexity, an AI search engine startup, is currently in the spotlight as it raises at least $250 million more at a valuation ranging between $2.5 billion and $3 billion. This latest fundraising effort follows two significant rounds in the past four months. In January, the company secured nearly $74 million at a valuation of $540 million. Read more

🍏 Apple is releasing new and improved iPads

• Apple is set to unveil new products on May 7 in an online event, as indicated by invites sent to the media on Tuesday. The event, themed "Let loose," will be livestreamed on Apple's website starting at 10 a.m. Eastern time. Typically, Apple's launch events are prerecorded.

  Anticipation is high for the release of new iPads, especially since no new models were introduced in 2023. Read more

📈 Spotify just crushed earnings again

• Spotify released its first-quarter earnings report on Tuesday, achieving record quarterly profit and surpassing analyst expectations on both the top and bottom lines following a year of significant cost-cutting and streamlining efforts. Read more