🎰 Carvana, still in business, hit a 52-week high

🇪🇸 While the death toll in Spain continues to rise

Thoughts and prayers to the nearly 100 people who have lost their lives in the Spanish flooding this week.

Special love to all the dogs flooded out of their shelters.

How to invest in horror films 🎬

Film investing is hot, and Horror is the most profitable film genre by far.

There's a new way you can invest in horror films, and it's through one of our newest partners, Greenlit.

​Greenlit​ is a platform that connects investors to filmmakers. It allows investors to easily analyze, track and manage their investments.

Alts is partnering with Greenlit to bring you exclusive access to a bundle of horror films currently in development.

Current offering: Horror film slate

Genre: Horror/Comedy/Psychological

Production: Disaster Capital Productions

Funding: $1m total

Current status: Development

Film summaries:

Why invest?

  • We love slates as they de-risk your investment

  • All preliminary budgets are $5m.

  • The producer is in talks with international production partners to bring production costs under $1m while retaining the equivalent production value of a $5m film.

  • Production is international and can get 25% tax rebates, which can be leveraged to secure debt and gap financing.

Want to invest?

📰 Market Headlines

US markets drifted lower as major indices fell despite strong tech earnings and solid GDP growth.

  • The Nasdaq fell 0.6%, while the S&P 500 and Dow dropped 0.3% and 0.2% respectively.

  • The US economy grew 2.8% in Q3, slightly below expectations.

Private payrolls surged unexpectedly in October, with 233,000 jobs added.

Reddit shares rocketed over 40% after posting its first-ever profitable quarter, with CEO Steve Huffman declaring the platform is, "becoming mainstream social media."

Starbucks announced it will stop charging extra for dairy alternatives.

Congrats to the Dodgers, who won the 2024 World Series.

🧠 Make yourself heard

That’s a wrap on 2024. Who’s taking it all next year?

⚾ Who will will the 2025 World Series

Login or Subscribe to participate in polls.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via ​Kalshi, the prediction market.

 📊 Ideas, trends, and analysis

Mortgage rates haven’t got the memo.

🕵️ Notable

  • US mortgage rates surged to 6.73%, their highest since July 2024.

  • Airline stocks soared 23% in three months as reduced capacity and higher fares boosted profits.

  • The US dollar retreated after hitting four-month highs.

😱 Fear and Greed Index

📊 Winners and losers

Get $20 free shares at ​public.com​ using code ALTSCO.

Earnings, upgrades, and acquisitions

  • Carvana hit a new 52-week high before reversing 0.7% lower.

  • Eli Lilly missed earnings estimates; shares plunged 12% before paring losses.

  • Meta topped earnings expectations; shares dipped 2%.

  • Microsoft beat estimates; shares inched higher after-hours.

  • Robinhood swung to a profit, but shares plummeted 14% after the bell.

  • Roku surpassed revenue expectations; the stock popped in extended trading.

  • Starbucks reported its third straight quarter of declining sales; shares retreated 1%.

Market movers

  • Siemens bought engineering software firm Altair for $10.6 billion to strengthen its industrial software presence.

  • Dropbox announced it will lay off 528 employees, 20% of its workforce.

  • Sony closed Firewalk Studios and Neon Koi, affecting 210 jobs after Concord's failed launch.

  • LinkedIn launched its first AI recruiting assistant, targeting enterprise customers like AMD and Siemens.

  • East Coast ports face strike risks as shippers divert cargo west, with some estimating a 60-70% chance of work stoppage.

Recommended Newsletter

🌍 Global Perspectives

  1. 🇧🇩 The UN called for an investigation into Bangladesh protests that killed over 1,000 and led to the fall of Prime Minister Sheikh Hasina.

  2. 🇷🇺🇰🇵 North Korean troops in Russian uniforms are reportedly moving toward Ukraine's border in Kursk, with 11,000 soldiers deployed.

  3. 🇪🇸 Floods in Valencia, Spain, killed 95 after a year’s worth of rain fell within eight hours.

  4. 🇬🇧 UK finance minister Rachel Reeves announced £40 billion in tax hikes, the largest increase since 1993.

📊 Crypto

  • Former FTX exec Nishad Singh received no prison time after cooperating with prosecutors.

  • Hong Kong court ordered JPEX to return 247,000 USDT to investors in a landmark crypto fraud case.

  • Kraken announced plans to launch Ink, its own blockchain built on Optimism's Superchain.

  • Ubisoft quietly released its first blockchain game with NFTs priced up to £50,000.

🎤 What you said last time

🧠 Errata

  • Polish archaeologists reconstructed the face of a 400-year-old vampire woman.

  • A clinical trial in the UK saw a brain cancer patient's tumor shrink by half.

  • Florida teen wielding a machete arrested for voter intimidation at polling place.

  • NASA's Voyager 1 phoned home using a backup transmitter that hadn't been used since 1981.

📺 What to Watch Today

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

Reply

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