๐Ÿš€ DJT helps send BTC above $94k

๐Ÿฆพ While Nvidia beats earnings and forecasts

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๐Ÿ“ฐ Market Headlines

Markets wobbled Wednesday as investors awaited Nvidia's earnings.

Bitcoin surged past $94,000 to hit a new all-time high as President-Elect Donald Trump fueled crypto optimism.

NASA chose SpaceX and Blue Origin to deliver moon cargo, including rovers and habitats, by 2032.

Nvidia nearly doubled its revenue year over year and easily beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. Investors were unimpressed, sending shares 2% lower.

๐Ÿง  Make yourself heard

Australia has introduced a social media ban for children under the age of sixteen.

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๐Ÿ•ถ๏ธ Market Vibes

๐ŸŽฐ Market Forecasts and Futures

Forecasts via โ€‹Kalshi, the prediction market.

 ๐Ÿ“Š Ideas, trends, and analysis

Defense company stocks are on the rise after DJTโ€™s election victory.

๐Ÿ•ต๏ธ Notable

Dividend stocks are out of control.

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Earnings, upgrades, and acquisitions

  • NIO announced plans to double sales in 2025; shares retreated after mixed Q3 results.

  • Palo Alto Network beat Q1 estimates but shares tumbled after guidance disappointed.

  • Snowflake announced an AI partnership with Anthropic; shares surged 15%.

  • Target missed earnings; shares plunged 21% to a 52-week low.

  • TJX beat earnings estimates; shares slid after holiday quarter guidance fell short.

Market movers

  • Marriott announced plans to eliminate 833 positions at its Bethesda HQ by January 2025.

  • Googleโ€™s antitrust loss may end $20 billion in annual payments to Apple for iPhone search.

  • Comcast spun off NBCUniversalโ€™s cable networks into a separate publicly traded entity to focus on higher-growth areas.

  • Jaguar launched a rebranding campaign that raised some eyebrows.

  • Boeing said it would cut 2,000 jobs in Washington and Oregon, reducing its workforce by 10%.

Recommended Newsletter

๐ŸŒ Global Perspectives

  1. ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฒ๐Ÿ‡ฉ Britain and Moldova signed a ยฃ7 million deal for cybersecurity and health grants.

  2. ๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ‡ง๐Ÿ‡ท China and Brazil sealed nearly 40 infrastructure, energy, and agribusiness agreements.

  3. ๐Ÿ‡ป๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ธ The US recognized Edmundo Gonzรกlez as Venezuela's president-elect after a disputed election.

  4. ๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿ‡จ๐Ÿ‡ณ Japan demanded answers after China violated its airspace with a military plane.

  5. ๐Ÿ‡จ๐Ÿ‡ฉ The Southern African Development Community extended its Congo military mission for a year.

  6. ๐Ÿ‡ฎ๐Ÿ‡ณ Billionaire and chair of the Indian conglomerate Adani Group, Gautam Adani, was indicted in the U.S. on Wednesday for an alleged scheme to pay hundreds of millions of dollars in bribes

๐Ÿ“Š Crypto

  • Coinbase Wallet launched 4.7% APY rewards for USDC holders.

  • FTX co-founder avoided prison by aiding in the $11 billion fraud case.

  • BIS reported institutional traders lead Uniswap liquidity pools.

  • Societe Generale brought its EURCV stablecoin to XRP Ledger for faster transactions.

This Stock is Up 220% and Primed for the Next Breakout

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๐ŸŽค What you said last time

What you had to say:

โ€œTo give a good answer I'd need to a lot of research.. but it would differ by region, so may as well let the states choose.โ€

๐Ÿง  Errata

  • Colorado hikers will soon find poop bags for humans on mountain trails.

  • A perfectly preserved saber-tooth cat mummy was discovered in Siberia.

  • Lab rats learned to drive and now look forward to their driving sessions.

  • Solar Orbiter captured the most detailed sun images ever.

๐Ÿ“บ What to Watch Today

Thatโ€™s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

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