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Election Fuels Inflows
Thailand saw record foreign inflows into stocks following the election.

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🎯 In this issue:
Banana Bits: Finance headlines that actually matter
Market Summary: S&P 500 is near a record high as traders await economic data
What’s Ripe / Rotten: The tastiest and most disgusting stocks today
Technical Trip: Interview Q&A from BlackRock
Deal Deep Dive: M&A, IPO, and transaction breakdowns
Market Snapshot

📉 Banana Bits
Thailand saw record foreign inflows into stocks following the election.
The yuan jumped the most since 2023 after limits on Treasury buying.
Australian consumer sentiment fell after the RBA raised rates.
Insurance broker stocks slid as AI models threaten traditional businesses.
January’s jobs report is expected to show a cooling labor market.
Taiwan pushed back on Washington’s push to relocate 40% of the chip supply.
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Market News
S&P 500 is Near Record High as Traders Await Economic Data
Another rally in tech stocks, following an artificial intelligence-driven rout, drove prices higher ahead of economic data that will help shape the Federal Reserve outlook. Gold topped $5,000. The dollar fell.
Following a surge that added $1 trillion to the S&P 500’s value at the end of last week, the index kept rising to approach its all-time highs. A gauge of chipmakers climbed 1.4%, while an ETF focused on software names extended its back-to-back advance to nearly 7%. Oracle Corp. jumped 9.6%. Alphabet Inc. embarked on a global bond spree to fund its AI ambitions.
Key economic data set to be released this week includes the jobs report, due Wednesday, which is expected to show payrolls rose 68,000 in January. The unemployment rate is expected to remain steady at 4.4%.
In Friday’s consumer price index, economists will look for more evidence that inflation is on a downward trend. Before that, figures on Tuesday are projected to show solid retail sales.
What's Ripe
Valaris Ltd. (VAL) 34.3%
VAL soared 34%. Fellow offshore drilling company Transocean has agreed to acquire Valaris in an all-stock deal worth $5.8 billion.
The combined company would have an enterprise value of roughly $17 billion.
AppLovin Corp. (APP) 13.2%
APP was up 13%. Capitalwatch, a self-described independent news organization, retracted its earlier allegations against AppLovin, which it depicted as a “laundering machine” for illicit funds from Southeast Asia.
The publisher personally apologized to major shareholder Hao Tang, whom it depicted as the facilitator of the scheme.
What's Rotten
Monday.com Ltd. (MNDY) 20.8%
MNDY slumped 21%. The software provider posted quarterly earnings that topped Wall Street forecasts, but its 2026 guidance disappointed.
Cleveland-Cliffs Inc. (CLF) 16.4%
CLF declined 16% after the steel company posted $4.3 billion in revenue for the fourth quarter, missing analysts’ estimates of $4.57 billion.
Investors were also disappointed by the lack of updates on a strategic partnership with Korean steelmaker POSCO.
The pair has been discussing an agreement that could result in an equity investment in the U.S. steelmaker.
🧠 Technical Trip
Interview Q&A from BlackRock

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🦈 Deal Dispatch
M&A, IPOs, And Other Notable Transactions
Goldman expects a surge in South African commodity dealmaking.
Stripe’s valuation could climb to $140B in a new tender offer.
Goldman strategists see U.S. IPO volumes rebounding from 2025 levels.
YouTube star MrBeast bought youth-focused finance app Step.
Transocean agreed to buy Valaris in a $5.8B offshore drilling deal.
Banana Brain Teaser
Previous
November 16, 2001, was a Friday. If each of the years 2004, 2008, and 2012 had 366 days, and the remaining years from 2001 through 2014 had 365 days, what day of the week was November 16, 2014?
Answer: Sunday
Today
For any positive integer n, the sum of the first n positive integers equals [n(n + 1)]/2. What is the sum of all the even integers between 99 and 301?
Most investors want to do today what they should have done yesterday.
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Happy Investing,
Chris, Vyom, Ankit, Mitchell, Fernanda, & Patrick



