Oil Holds Steady

Oil held steady as oversupply fears offset U.S.-China trade tensions.

Silver banana goes to…

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: Markets dipped amid Oracle’s disappointing results 

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

  • Technical Trip: Interview Question with Two Sigma

  • Lesson from the Library: Excel Modeling, build models that actually work

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

  • The Daily Poll: See how you stack up

Market Snapshot

📉 Banana Bits

Market Recap

Markets Dipped Amid Oracle’s Disappointing Results 

Wall Street traders took profits on the year’s biggest artificial intelligence winners, dragging global gauges back from the brink of record highs. Longer-dated bond yields climbed.

A disappointing sales outlook from Broadcom Inc. sent the chipmaker tumbling 11% and weighed on rivals, further fueling investor anxiety over AI wagers initially prompted by Oracle Corp. 

The AI bellwether’s stock dropped on Thursday after a forecast for higher capital outlays and a longer timeline to revenue payoff. The slump deepened on Friday on a report of delays to some of Oracle’s data center projects. Shares of companies tied to the AI power infrastructure also slid.

The Nasdaq 100 dropped 1.9% while the S&P 500 fell 1.1% after the index had notched a record close in the previous session. The Dow Jones Industrial Average and Russell 2000 pulled back from all-time highs.

What's Ripe

Canopy Growth Corp. (CGC) 54.0%

  • CGC Soared 53%, respectively, following reports that President Donald Trump could loosen federal restrictions on marijuana early in 2026.

  • Trump indicated in August that he was weighing the pros and cons of reclassifying cannabis.

Lululemon Athletica Inc. (LULU) 9.6%

  • LULU jumped 10% after the retailer topped analysts’ expectations for third-quarter earnings and revenue.

  • Lululemon also announced that CEO Calvin McDonald plans to step down on Jan. 31. Lululemon’s board has yet to name a permanent successor.

What's Rotten

Fermi Inc. (FRMI) 33.8%

  • FRMI cratered 34%, its worst day on record. The energy and data center infrastructure company said it had lost a $150 million construction-funding commitment from its first major tenant at its Project Matador campus in Texas.

Netskope Inc. (NTSK) 11.8%

  • NTSK declined 12%. The cybersecurity company posted a narrower-than-expected third-quarter loss and revenue that topped Wall Street estimates.

  • While guidance came in slightly above expectations, Netskope expects fourth-quarter revenue of $188 million to $190 million, above expectations of $185.5 million.

🧠 Technical Trip

Interview Q&A from Two Sigma

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

📚 Lesson from the Library

🎥 Excel Modeling: Build Models That Actually Work

Build fast, clean, and professional financial models using Excel like a pro.

🌟 WSO Academy Q4 Update

🎯 More Structured Technical Preparation

One of the most common questions we hear is: “What should I study first?” Next quarter, we plan on updating our curriculum to make that answer clearer and guided.

  • Instead of just spending 5 hours per week studying, assignments will be organized by topic and sequenced in such a way that you build skills in the right order

  • For each stage, assignments will link directly to the specific section of your course, depending on your track, so that you know exactly what to study and when

  • This removes guesswork and ensures you’re building a strong foundation before moving to advanced topics

🦈 Deal Dispatch

M&A, IPOs, And Other Notable Transactions

📊The Daily Poll

BOJ signaling a hike means?

Login or Subscribe to participate in polls.

Previous Poll:

Biggest takeaway from Ellison’s $25B hit?

AI volatility is real: 31.0% // Oracle missteps: 21.4% // Market overreaction: 16.6% // Billionaires stay billionaires: 31.0%

Student Success Corner

👉 Are you next? Find out with WSO Academy

Banana Brain Teaser

Previous

[(1/2)^-3] [(1/4)^-2] [1/16)^-1] = ?

Answer: [(1/2) ^-11]

Today

If 1/x - [1/(x + 1)] = [1/(x + 4)], then x could be ?

The best portfolio is the one you can live with and stick to.

Christine Benz

How Would You Rate Today's Peel?


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