🌭 Costco issued a double-beat

👨‍💻 While Adobe shares plunged after demanding a software update one time too many

In partnership with

My condolences to everyone who either participated in or watched the Rams - 49ers game last night.

Grocery-Anchored Commercial Properties

Stable places where people live, shop and eat

First National Realty Partners offers accredited investors unique opportunities to invest in grocery-anchored commercial real estate.

  • These are properties that have a supermarket or grocery store as their primary tenant.

  • Grocery stores serve as the main draw (or "anchor") for shoppers, attracting consistent foot traffic to the property.

  • Grocery-anchored tenants are generally considered more stable and lower-risk investments within the retail real estate sector because grocery stores tend to perform well even when times are bad (after all, groceries are a basic necessity).

Disclaimer

📰 Market Headlines

Markets slumped across the board with the Dow logging its longest losing streak since April.

  • The S&P 500 dropped 0.5% to 6,051.25, while the Dow retreated 0.53%.

  • Adobe shares plunged 14% after disappointing revenue guidance, its steepest drop since September 2022.

Weekly jobless claims rose by 17,000 to 242,000, while continuing claims climbed to 1.886 million.

President-elect Trump rang the bell at the NYSE, promising "tremendous incentives" for US manufacturing.

Apple launched its ChatGPT integration with Siri, which requires no OpenAI account but offers premium upgrades through Apple.

🔮 Look ahead to next week.

The big event next week is the December Fed meeting. The betting class predicts a 94% chance of a 25bps cut, slightly lower than traders' prediction of 96%.

Meanwhile, Argentina reports inflation, which is always fun. There’s a 96% chance it’ll be over 150%.

But that’s boring. What are betting markets saying about Luigi Mangione?!

The consensus is now that he didn’t have any family members covered (poorly or not) by UnitedHealthcare.

And while there’s only a 33% chance he’ll plead guilty after his shouting match with reporters this week, there’s an 80% chance he’ll be convicted.

But he’ll be the only one. Everyone’s convinced he acted alone.

Click any of the links above to get $25 free money to play with.

🧠 Make yourself heard

It was recently reported that Elon Musk, the richest human in the known universe, is now worth over $400 billion.

💰 Elon's ridiculous wealth is

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 📊 Ideas, trends, and analysis

Everyone assumes this would have been reported by now if it were the case.

😱 Fear and Greed Index

📊 Winners and losers

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

Earnings, upgrades, and acquisitions

  • Broadcom forecasted Q1 revenue above estimates; shares rose by 4.1%.

  • Costco beat earnings and revenue estimates, helped by a membership fee increase, but shares fell 1.92%.

  • Lovesac reported a 2.7% decline in Q3 net sales as shares plummeted 31.7%.

Market movers

  • Boeing announced a $1 billion investment in its South Carolina facility, creating 500 jobs to boost 787 Dreamliner production.

  • The FTC sued Southern Glazer's Wine and Spirits for discriminating against small retailers through unfair pricing.

  • Minnesota and New Jersey sued Glock over handguns that can be easily modified into machine guns with $20 switches.

  • Character.AI rolled out new teen safety measures during growing lawsuits, including separate models for teens and adults.

Recommended Newsletter

🌍 Global Perspectives

  1. 🇦🇫 A suicide bombing killed Taliban refugee minister Khalil Haqqani and two others inside the ministry building in Kabul.

  2. 🇪🇹 🇸🇴 During Turkish-mediated talks, Ethiopia and Somalia agreed to end their dispute over Ethiopia's port plans in Somaliland.

  3. 🇺🇸 🇺🇦 The White House announced another weapons package for Ukraine worth approximately $500 million.

  4. 🇨🇳 🇹🇼 Taiwan's Defense Ministry detected 12 Chinese naval ships and 47 military planes near its territory in the past 24 hours.

📊 Crypto

  • Texas Rep. Capriglione filed a bill to create a state bitcoin reserve, aligning with Trump's crypto agenda.

  • Grayscale launched two new investment funds for Lido DAO and Optimism tokens.

Could this be the biggest disruption to Smartphones in the past 15 years? 📲

💥Heads up! There's a new disruptor in smartphones: Mode Mobile. Mode can turn your phone from a cost into an income source — and investors are watching the launch of the company’s pre-IPO offering.1

🤳Mode saw 32,481% revenue growth from 2019 to 2022, ranking them the #1 overall software company on Deloitte’s most recent fastest-growing companies list. Mode’s flagship product EarnPhone, a budget smartphone, has already helped consumers earn & save $325M+.

🫴 Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering. There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares2 … but only until their current raise closes for good.

1 Mode Mobile currently has no formal plans for an IPO.
2 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.
3 Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.

🎤 What you said last time

What you had to say:

“-Plans and executes an assassination using all the right tools. -Escaepes with minimum recognition. -Ends up eating INSIDE a McDonalds and has all his tools with him.”

🧠 Errata

  • Canadian woman tried to smuggle $2.2 million worth of Christmas-wrapped meth through Auckland airport.

  • An 11-year-old girl survived three days alone at sea after a migrant shipwreck killed 45 others off Lampedusa.

  • Scientists caught a massive star being torn apart by a black hole, completing their deadly dance every five hours.

📺 What to Watch Today

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

Cheers,

Wyatt

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