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A Quick Note
As we look back on 2025, it’s clear that his has been a wild year for markets. It’s also been a crazy year for our newsletter, and we’re so grateful for each one of you.
314 newsletters, 357.7K words written, 93% growth in subscribers. One of the fastest-growing retail investment movements out there. And you’re already in on it.
Seriously, every one of you matters, and you’re the reason we write our newsletter in the first place!
Here’s to making 2026 an even better year together 🥂
Good morning.
Remember Oracle bombed its earnings report and the stock tanked?
Well, Broadcom just crushed its earnings with a double beat. Don’t worry, though, its stock tanked too (-6%). We’ll explain why.
But one stock that did not fall was Lululemon, which is up 11% on news that its CEO is stepping down. That’s got to sting as the leader of a company, but hey, that’s the biz.
Also, Disney joined the AI trend and invested $1 billion in, you guessed it, OpenAI. There’s a 3-year licensing deal for Disney’s IP, too. Prepare to see AI-generated Mickey Mouse clips.
More below.
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📰 Market Headlines
Stocks hit fresh records Thursday with the Dow surging 646 points to a new high and the S&P 500 crossing above 6,900 for the first time.
The Dow rose 1.3%, the S&P 500 gained 0.2%, while the Nasdaq slipped 0.3%.
LuluLemon (LULU) jumped 10.26% on news that its CEO is stepping down. The move came after LULU’s “largest shareholder called for changes at the company,” according to CNBC. LULU has performed poorly for the past year, down 52%. Notably, Michael Burry made a large bet on Lululemon earlier this year.
Broadcom (AVGO) beat earnings and revenue estimates but fell 6.49% pre-market. It’s likely that investors are taking profits even on a great earnings call because the stock is already up 75% this year. AVGO went on to project first-quarter 2026 revenue above estimates at $19.1 billion versus the $18.27 billion consensus, betting that AI chip demand will power another year of growth. CEO Hock Tan said AI semiconductor revenue is expected to double to $8.2 billion in the fiscal first quarter.
Disney invested $1 billion in OpenAI and struck a three-year licensing deal allowing Sora users to create AI videos featuring over 200 Disney characters from Marvel, Pixar, and Star Wars franchises. The partnership makes Disney OpenAI's first major content licensing partner, with AI-generated Disney content launching in early 2026. Disney shares climbed 2.4% on the announcement.
Treasury plans guidance to unlock R&D tax benefits that could deliver major savings to tech companies, including Salesforce and Qualcomm. The guidance, expected as early as next week, will allow companies to fully claim lucrative R&D tax deductions from Trump's tax bill without triggering the 15% minimum corporate tax that currently limits these benefits.
President Trump signed an executive order creating one single US AI regulation standard and preventing different AI regulation between US states. The goal of the order is to streamline and fasttrack AI development in the US, preventing states from legislating AI individually (and slowing AI development).
😱 Fear & Greed Index
🤖 AI/Future/Tech News
OpenAI launched GPT-5.2 after CEO Sam Altman issued an internal "code red," pausing non-core projects to accelerate development.
State attorneys general warned Microsoft, OpenAI, Google, and other AI giants to fix delusional outputs linked to mental health incidents or risk breaching state law.
🪙 Crypto
YouTube is now allowing creators to receive payouts in stablecoins through PayPal.
Terraform's founder Do Kwon was just sentenced to 15 years in prison for his role in the fraud that erased $50B from crypto in 2022.
In this interview clip of the late John McAfee, he lays out exactly who he thinks Satoshi Nakamoto (Bitcoin’s creator) is.
Standard Chartered cut its 2025 Bitcoin forecast in half, from $200,000 to $100,000.
🧑⚖ Congress Trade Report
Congressman Cleo Fields bought up to $500K of NFLX right before the Netflix-Warner Bros. deal was announced. Too bad Paramount got involved.
Congressman Michael McCaul bought up to $50K of MSA Safety Products, which has active contracts with the Dept. of Homeland Security. McCaul is Chairman of the House Committee on Homeland Security.
🤫 Insider Trading
⌚️ Investment of The Day: Vintage Watches
The vintage watch market surged this season as collectors and younger investors chased nostalgia-driven assets. Demand for retro models from Casio, Seiko, Citizen, and Aries Gold climbed sharply, with resale platforms showing stronger activity for well-kept pieces.
Collectors treated vintage timepieces as emotional stores of value, favoring mechanical models with original parts and visible patina. These watches are often appreciated faster than modern limited editions, driven by scarcity and craftsmanship.
Singapore’s H2 Hub reported higher sales of 70s-90s-inspired designs, crediting the shift to consumers seeking “objects with soul” in an increasingly digital world. Investors viewed these watches as wearable collectibles that blend artistry, heritage, and tangible value.
📊 IPOs and Earnings
Costco beat Q1 expectations with revenue of $67.31 billion and EPS of $4.50 versus forecasts of $67.14 billion and $4.27. Sales rose 8.2% year over year, and digital sales jumped 20.5%; shares fell 0.56%.
Uranium Royalty Corp. jumped 20.6% after the U.S. announced an $80 billion nuclear partnership with Canadian reactor builders, pushing uranium prices up 12%. The stock has gained 106% in 2025.
❓Market Trivia Corner
Which of these stocks performed the SECOND best this year?
🎤️ What you said last time
🧠 The Missing (Market) Links
Forget gold. The so-called "devil's metal" (it’s silver) rallied 114.6% this year, and some strategists see it hitting $100 an ounce.
Worker “fatigue" was Glassdoor's word of the year, but mentions of the AI term "agentic" quietly ballooned 2,244% as economic anxiety mounted.
Shopify's "calendar purge" freed up an estimated 322,000 employee hours in just one year.
The US cat litter market is booming. A new report identified the key companies positioned to clean up.
📜 Quote of the Day
An investor who has all the answers doesn’t even understand the questions. Success is a process of continually seeking answers to new questions.”
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Cheers,
Brandon & Blake of Invested Inc
The information provided in Stocks & Income is for informational and educational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. Stocks & Income is not a registered investment advisor, broker-dealer, or licensed financial planner. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We may hold positions in or receive compensation from the companies or products mentioned. Disclosures will be made where applicable.
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