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- 🤼 Nvidia embarrassed Intel
🤼 Nvidia embarrassed Intel
🪓 And Boeing fired 10% of its employees
Want to watch me nod along like I know what a Neve 80 analog soundboard is? Check out our Nashville recap.
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📰 Market Headlines
Markets brace for a pivotal week as the presidential election and Fed meeting loom.
The S&P 500 and Nasdaq fell about 1.4% and 1.5%, respectively, last week despite Nasdaq's hitting its first record close since June.
Microsoft shares sank 6% despite beating profit forecasts. Meta fell 4.1% after warning of accelerated spending in 2025.
Nvidia replaced Intel on the Dow Jones Industrial Average.
Boeing announced plans to lay off 10% of its workforce by January.
🧠 Make yourself heard
With one day until the election, the most important question of the cycle.
I'd rather |
🕶️ Market Vibes
🎰 Market Forecasts and Futures
📊 Ideas, trends, and analysis
Record numbers of wealthy Americans are planning post-election exits, regardless of who wins, with demand for foreign residency up 30% over last year.
🕵️ Notable
Hawaii topped the list of highest living costs in America, surpassing California and New York.
One in ten unemployed Gen Zers turned down job offers due to commuting and uniform costs.
😱 Fear and Greed Index
📊 Winners and losers
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Earnings, upgrades, and acquisitions
You know the drill, here’s the roundup for this week:
Monday: Berkshire Hathaway (BRK-A, BRK-B), Cleveland-Cliffs (CLF), Constellation Energy (CEG), Goodyear (GT), Hims & Hers (HIMS), Marriott International (MAR), Palantir (PLTR), Wynn (WYNN)
Tuesday: Apollo Global Management (APO), Devon Energy (DVN), Ferrari (RACE), Super Micro Computer (SMCI)
Wednesday: Arm Holdings (ARM), AMC (AMC), Aurora Cannabis (ACB), Celsius Holdings (CELH), CVS (CVS), Elf (ELF), Novo Nordisk (NVO), Qualcomm (QCOM), Toyota (TM)
Thursday: Affirm (AFRM), Airbnb (ABNB) Block (SQ), Datadog (DDOG), DraftKings (DKNG), Halliburton (HAL), Hershey (HSY), Moderna (MRNA), Pinterest (PINS), Rivian (RIVN), The Trade Desk (TTD)
Friday: Canopy Growth (CGC), Icahn Enterprises (IEP), Sony (SONY)
Market movers
OpenAI hired Pebble co-founder Gabor Cselle for a secretive project.
[Ed: I asked ChatGPT why OpenAI may have hired him. This is what it said: “Given his extensive experience with email, messaging, and improving user interactions within communication platforms, it is plausible that Gabor Cselle might be working on an AI-powered communication assistant or platform at OpenAI. This project could aim to revolutionize how users interact with emails and messages by integrating advanced language models to enhance productivity, streamline communication, and personalize user experiences while adhering to ethical AI practices.”]
Meta's Ray-Ban glasses landed on Oprah's Favorite Things list as demand continues to surge.
A new Gen Z messaging app called Daze has amassed 187,000 waitlist signups ahead of launch.
Stonepeak made moves towards a $3.1 billion deal to acquire aircraft lessor ATSG.
🌍 Global Perspectives
🇰🇷 🇺🇸 🇯🇵 The US flew a B-1B bomber in joint drills after North Korea's latest missile test.
🇨🇳 Three Chinese astronauts safely returned to Earth after completing China's longest-ever space mission of 6 months.
🇷🇺 🇺🇦 Russian forces captured Vyshneve in Ukraine's eastern Donetsk region as they advanced toward the logistical hub of Pokrovsk.
🇺🇬 A lightning strike killed 14 people and injured 34 others during a prayer service at a refugee camp in northern Uganda.
📊 Crypto
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🎤 What you said last time
What you had to say:
“Considering chatbot ai was basically scraped from the internet and I trust the internet about as far as I can chuck it, I guess that only leaves my doctor.”
🧠 Errata
An entire police department in Oklahoma resigned without explanation, along with two city council members.
The northern lights put on a once-in-a-decade show, visible even in Alabama thanks to the solar maximum.
Scientists discovered a microquasar blasting radiation at 200 trillion times the energy of visible light.
📺 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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