- Stocks & Income
- Posts
- π Netflix has no chill
π Netflix has no chill
π£ And Israel put the leader of Hamas on ice
Do you like art?
Do you like money?
Check out my deep dive into the current state of the art market (itβs not all bad).
"LinkedIn Learning for AI"
Invest in the world's largest AI learning community.
Schools are increasingly integrating AI education into their curriculums, and it's no surprise why.
84% of employees are confused about AI - βdespite using itβ.
This is why βGenAI.Worksβ was created. It's the world's largest AI education community, with 7 million followers, growing by 300k monthly.
You may already follow them on βLinkedInβ (4.8 million do). Think of them as "LinkedIn Learning for AI" β a vibrant hub for AI pros, enthusiasts, and industry leaders.
What does GenAi offer?
Code & courses. 8,700+ AI apps, agents, and courses; all curated and ranked by the community
Hackathons. Learn from the top AI leaders through their hackathons
Jobs & summits. Find job opportunities with leading AI brands. Expand your network through their AI Summits
GenAI.Works has bootstrapped to date. They're raising capital for the first time to scale revenue & add new business lines.
How will capital be deployed?
Marketplace expansion. Genai plans to expand its AI agent and application marketplace, including setting up an affiliate network
GenAI academy. They will offer free and paid education programs
Learning Management System. They plan to launch an LMS (like Blackboard, or Google Classroom)
Creator marketplace: A new AI-powered creator marketplace to pair creators with companies
Investment details
Minimum investment is $750
Non-accredited investors = OK
Invest before Oct 20 and earn up to β25% bonus sharesβ.
π° Market Headlines
The Dow hit a fresh record high as tech stocks rallied on TSMC's strong earnings and outlook.
The Dow gained 0.4%, while the Nasdaq rose slightly and the S&P 500 dipped marginally after briefly touching an intraday record.
TSMC shares surged nearly 10%, lifting chip stocks like Nvidia, easing concerns about AI chip demand.
The FBI arrested an Alabama man for allegedly hacking the SEC's X account, which had caused Bitcoin to spike over $1,000.
Walmart has begun selling a 19-by-20-foot expandable tiny home for $15,900, offering a more affordable alternative to Amazon's previous listing.
πΆοΈ Market Vibes
π° Market Forecasts and Futures
π± Fear and Greed Index
π€ What you said last time
What you had to say:
βChocolateβs special.β
π§ What do you think?
Wyoming forest rangers can no longer blow up dead horses to deter grizzlies.
Shoud Wyoming forest rangers be able to blow up dead horses to scare off grizzlies? |
π Stocks
Get $20 free shares at βpublic.comβ using code ALTSCO.
Winners and losers
Earnings, upgrades, and acquisitions
Netflix beat Q3 estimates with 5.07 million new subscribers; shares jumped 5%.
Blackstone surpassed profit expectations as assets under management hit a record $1.1 trillion; shares surged 6.65%.
Travelers beat estimates as shares rose 3%β
Western Alliance projected 24.83% earnings growth as shares gained 2%.
First National Bank Alaska met expectations with minor coverage; shares went up 2.43%.
WD-40 showed steady margins with a focus on material costs; shares edged up 1.5%.
Market movers
A worker sued ADM after being severely injured in an explosion at an Illinois facility.
ShiftPixy acquired AI company TurboScale for $150 million to enhance workforce management capabilities.
Google moved Search and ads chief Prabhakar Raghavan to the new Chief Technologist role.
Microsoft lost over two weeks of critical security logs for cloud products due to an internal bug.
FCC proposed a $147,000 fine for ESPN over misuse of emergency alert tones in NBA promotions.
Ideas, trends, and analysis
US retail sales jumped 0.4% in September, beating expectations and signaling robust consumer spending.
Nestle flagged consumer uncertainty around the upcoming US election as a factor in slowing sales.
π Global Perspectives
πΊπΈπΎπͺ The US military struck Houthi weapons storage facilities in Yemen using B-2 stealth bombers.
π°πͺ Kenya's senate voted to remove Deputy President Rigathi Gachagua from office by impeachment on five out of 11 charges.
πΊπ¦ Ukraine called for intensified efforts to uphold nuclear safety, citing Russia's occupation of the Zaporizhzhia nuclear power station.
π»πͺπΊπΈ Venezuela detained three Americans and two others for alleged terrorist activities.
π Crypto
π§ Errata
A 12-foot great white shark named Koala washed ashore in Cape Cod.
AI gave a young mother with ALS her voice back, allowing her to read bedtime stories to her kids again.
πΊ What to Watch Today
Thatβs all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
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