Markets appear skittish as it tries to parse through mixed signals this Monday morning.

Investors don’t know who to listen to: venture capitalist Peter Thiel sold all of his NVDA and 76% of his TSLA holdings, but Warren Buffett’s Berkshire Hathaway bought 1.8 million shares of GOOGL.

Speaking of Nvidia, the chip titan reports earnings this Wednesday.

And meanwhile, Bitcoin looks like it’s breaking down.

Let’s start the week off on the right foot, shall we?

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Markets ended the week mixed as investors weighed a volatile tech rebound against fresh political and ethics headlines.

Huge divide in markets: Peter Thiel and Softbank sold their NVDIA shares, but Buffett’s Berkshire Hathaway just made a huge buy of GOOGL for the first time in 20 years. They bought 1.8 million shares in total, and GOOGL rose 7% on the news. That means Warren Buffett, who hardly ever touches tech and mainly is a value investor, thought Google was undervalued.  A lot of investors are taking this as a sign that we are not in an AI bubble that’s about to pop. 

Peter Thiel not only sold his NVDA shares, but he also cut his TSLA holdings by 76% and sold 65% of all his stocks in general. Does he know something markets don’t? Or is he planning to use that capital elsewhere?

Speaking of Tesla, Elon Musk said that Tesla's humanoid robot “Optimus” will "eliminate poverty and provide universal high income for all.” He seems to be all in on not just universal basic income (UBI) but universal high income being a result of AI and robotics.

Nvidia (NVDA) will report earnings this Wednesday, setting the tone for the greater tech industry (and the stock market in general). Nvidia has beaten earnings estimates 90% of the time over the past 5 years, but the margin of its beats has been smaller this past year (only 6.5%). If Nvidia fails to beat estimates, the stock could fall (and take the wider AI industry with it); but honestly, even if Jensen Huang’s chip company beats estimates, markets might see it as a “sell the news” opportunity anyway.

Bitcoin is breaking down, falling below $94,000 on Sunday for the first time since May. This could signal a coming selloff in risky tech stocks; Bitcoin’s correlation with the Nasdaq 100 is the highest it’s been since 2022, meaning that whatever tech does, Bitcoin tends to do (and vice-versa).

Interesting: Jeff Bezos is becoming CEO again, but not of Amazon. He’s co-leading an AI startup called Prometheus that’s already raised $6.2 billion and has hired 100 people from $META, OpenAI, and Google DeepMind.

President Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, with the maximum total value potentially exceeding $337 million. His new investments span chipmakers like Broadcom and Qualcomm, tech giants like Meta, retailers including Home Depot and CVS, plus Wall Street banks Goldman Sachs and Morgan Stanley. The timing includes Intel bonds purchased after the government acquired a stake in the company.

Gold investors are facing hefty tax bills after the precious metal's nearly 50% surge this year. Physical gold and gold ETFs are taxed as collectibles with a top federal rate of 28%, while gold futures funds face 26.8% rates. That's significantly higher than the 20% top rate on traditional stocks, catching many investors off guard during this year's glittering run.

Here are AltIndex’s top 5 penny stocks, ranked by the amount of mentions each stock has gotten on Reddit in the past 24 hours.

“Practical investment advice”

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Brandon & Blake of Invested Inc