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Your Daily Dose of Market & Career Clarity

📬 Delivered to 150,000+ ambitious readers

🎯 In this issue:

• Banana Bits: Finance headlines that actually matter

• Market Summary: Stocks slide as AI spending fears hit Meta

• What’s Ripe / Rotten: The tastiest and most disgusting stocks 

• Technical Trip: Interview Question with Moelis

• Deal Dispatch: M&A, IPOs, and other transactions 

• The Daily Poll: See how you stack up

Market Snapshot

📉 Banana Bits

• Nvidia’s cutting big AI deals with South Korea’s tech giants.

• Michael Burry’s back, warning we might be in bubble territory.

• Trump’s calling a rare-earth win, but Xi’s still holding the cards.

• Gold hovers near $4,000 as traders eye the U.S.-China truce.

• Jobless claims dipped last week, hinting at steady hiring.

• Zuckerberg slipped two spots in the billionaire ranks after Meta’s stumble.

Market Summary 

AI Hype Hits Reality

Wall Street pumped the brakes on a stock rally as concerns about whether massive artificial-intelligence spending will pay off sent Meta Platforms Inc. down 11%. 

A selloff in several megacaps dragged down the S&P 500, following a $17 trillion surge from its April lows. While the U.S. and China agreed on a trade truce, the deal was seen as mostly priced in. 

The S&P 500 fell 1%. The yield on 10-year Treasuries rose one basis point to 4.09%. The dollar hit a three-month high, and B*tcoin sank.

What's Ripe

Metsera Inc. (MTSR) 22.1%

• MSTR soared 22% to $63.73 after Novo Nordisk offered up to $9 billion to acquire the obesity-drug developer, looking to outbid earlier suitor Pfizer.

• Novo said it offered $56.50 a share in cash for Metsera, plus potentially a further $21.25 a share based on clinical and regulatory milestones.

C.H. Robinson Worldwide Inc. (CHRW) 19.7%

• CHRW soared 20% after the freight and logistics company reported third-quarter earnings that beat analysts’ expectations. The company posted adjusted earnings of $1.40 a share, ahead of estimates of $1.30.

• The Company also increased its 2026 operating income forecast by around $50 million, citing its productivity efforts and initiatives to grow market share.

What's Rotten

FMC Corp. (FMC) 46.5%

• FMC sank 47% after the agricultural sciences company reduced its quarterly dividend by 86% to 8 cents a share from 58 cents.

• FMC said it cut its dividend to “further prioritize debt reduction.”

Roblox Corp. (RBLX) 15.5%

• RBLX slumped 16%, even as the gaming platform’s third-quarter bookings of $1.9 billion beat Wall Street estimates of $1.7 billion.

• Fourth-quarter bookings guidance was strong at over $2 billion, ahead of consensus estimates of $1.8 billion.

🧠 Technical Trip

Interview Q&A from Moelis

👉 Want 1-on-1 recruiting help from Moelis bankers & 2,000+ top mentors? Apply to WSO Academy

2025 IB Working Conditions Survey

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All responses are 100% anonymous, so you can be honest about your experience.

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🦈 Deal Dispatch

M&A, IPOs, And Other Notable Transactions

• Lenskart kicks off orders for its $821M India IPO.

• Groww founders could gain $1.9B from their upcoming IPO.

• Netflix may go after Warner Bros. studio and streaming arm.

• Netflix’s 10-for-1 stock split aims to reward employees.

• Nvidia plans to pour up to $1B into AI startup Poolside.

• SpaceX is eyeing Globalstar in a potential sale.

• NBA owners just approved a $10B Lakers sale to Mark Walter.

📊The Daily Poll

Previous Poll:

Cali’s new 5% wealth tax on billionaires , what's your take?

Fair: 29.8% // Foolish: 23.8% // Symbolic politics: 21.4% // Not my tax bracket: 25.0%

Student Success Corner

👉 Are you next? Find out with WSO Academy

Banana Brain Teaser

Previous

There are 4 more women than men on Centerville’s board of education. If there are 10 members on the board, how many are women?

Answer: 7

Today

In the Johnsons’ monthly budget, the dollar amounts allocated to household expenses, food, and miscellaneous items are in the ratio of 5:2:1, respectively. If the total amount allocated to these three categories is $1,800, what is the amount allocated to food?

How Would You Rate Today's Peel?

Happy Investing,
Chris, Vyom, Ankit, Mitchell, Fernanda, & Patrick

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