📉 Markets cooled off a bit Thursday after starting the Santa Claus rally early this year.
📈 Stocks took the hint from Jay Powell’s remarks at a New York Times event and continued marching higher.
📈 Wells Fargo is levered to the tits for 2025, issuing its most bullish forecast for the S&P to date.
⚖️ A Delaware judge killed Elon Musk’s vibe, calling his $56 billion pay package “excessive” even after shareholders voted to approve it.
💀 Chegg’s getting schooled by ChatGPT, with shares down 98% since 2021—turns out no one pays for old-school cheating anymore. Meanwhile, Advance Auto Parts got its credit downgraded to junk; turns out debt is their least favorite part.
💸 October inflation looked like the Tyson/Paul fight—objectively bad, but we’ve seen much worse. Find out how spending and incomes held up blew, too.
📈 The Fed Minutes are about as boring as they sound, but we went ahead and read it so you don’t have to. Find out what’s going on under the surface below.
🧠 Big brains at big banks are starting to drop their S&P 500 price targets for 2025. Find out what they expect and why it barely matters below.
🌐 The only thing non-artificial about artificial intelligence is the ungodly amount of money companies are spending on this stuff. Find out what it means for the space below.
🏘️ If home is where the heart is, the U.S. economy became slightly less heartless in October. Existing home sales increased annually for the first time in 3yrs.
🌐 Nvidia earnings just dropped. So did the stock and my heart. The AI King’s Q3 numbers were stellar, but find out why the market is as hyped below.
🌐 The Crowned Jewel of the Alphabet Empire is soon to be on the block if the DOJ gets its way. Find out how Step #1 of a potential breakup is set to go down.
