- The Peel
- Posts
- Shutdown Over
Shutdown Over
Trump signed the funding bill, officially ending the government shutdown.
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: Wall Street climbs as shutdown resolution nears
What’s Ripe / Rotten: The tastiest and most disgusting stocks
Technical Trip: Unexpected Interview Question with Two Sigma
Deal Dispatch: M&A, IPOs, and other transactions
The Daily Poll: See how you stack up
Student Success Corner: Private Equity Explained: The secret world of buying businesses for billions
Market Snapshot

📉 Banana Bits
Trump signed the funding bill, officially ending the government shutdown.
Newly released emails show Epstein mentioned Trump multiple times.
China’s facing its longest post-COVID consumption slump yet.
Polymarket’s back in the U.S. (beta mode) as prediction trading heats up.
The White House says the October jobs and CPI data likely won’t be released.
Market Recap
Too Much Hype for a Shutdown Fix?
Yet again, Wall Street traders drove most stocks higher and bond yields lower as House lawmakers were poised to end a historic government shutdown.
The resolution of the last four U.S. closures spurred gains in the S&P 500 and most of its sectors, based on the median performance.
While about 300 shares in the equity benchmark rose on Wednesday, a slide in big tech left the gauge wavering. The Dow Jones Industrial Average climbed for a fourth straight day, hitting all-time highs. Bitcoin erased its advance.
What's Ripe
Advanced Micro Devices Inc. (AMD) 9.0%
AMD climbed 7.3% after its Financial Analyst Day on Tuesday.
After the market closed, Chief Financial Officer Jean Hu said AMD expects to increase its operating margin to more than 35% over the next three to five years, from 24% this year.
Oklo Inc. (OKLO) 6.7%
OKLO was up 6.7%, even though the nuclear start-up reported a wider-than-expected loss of 20 cents a share in its third quarter, compared with the loss of 13 cents analysts had anticipated.
On Tuesday, the company said it had made progress on its first nuclear-fuel fabrication plant and expanded its partnership with Idaho National Laboratory.
What's Rotten
Circle Internet Group Inc. (CRCL) 12.2%
CRCL tumbled 12% The stablecoin issuer scored an earnings beat but updated its full-year outlook to reflect higher expenses.
Circle now expects operating expenses of $495 million to $510 million in 2025, up from $475 million to $490 million.
USA Rare Earth Inc. (USAR) 4.8%
USAR fell 4.8%. The company said Wednesday that the U.K. has approved its purchase of Less Common Metals.
USA Rare Earth agreed to buy the metal and alloy manufacturer for $100 million and 6.74 million shares in September.
🧠 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
🎥 LBO Modeling: Buy, Build, and Break Down the Deal
Master the model that powers private equity — debt, returns, cash flow, and the full PE playbook.
2025 IB Working Conditions Survey
We Want Your Input!
Are you in investment banking? Take 2 minutes to share your experience on hours, compensation, and work-life balance in our 2025 survey. Your insights help shed light on real working conditions across the industry.
All responses are 100% anonymous, so you can be honest about your experience.
📝 Click here to participate and join others who are turning their experience into a voice for change in IB.
🦈 Deal Dispatch
M&A, IPOs, And Other Notable Transactions
Siemens plans to hand a €15B MRI maker stake to investors.
Whoop’s CEO says the fitness startup may go public within two years.
Toto Wolff is in talks to sell part of his Mercedes stake, valuing it at $6B.
Einride plans a SPAC listing at a $1.8B valuation.
L’Oréal is selling €3B in bonds to fund its Kering Beauté deal.
📊The Daily Poll
Trump signed the funding bill and ended the shutdown. How’s that landing for you? |
Previous Poll:
U.S. holiday spending may top $1T in 2025. What's your plan?
Spending like Santa: 27.9% // Tight budget this year: 41.9% // Waiting for Black Friday deals: 30.2%
Student Success Corner
Private Equity Explained: The Secret World of Buying Businesses for Billions
👉 Check out more on WSO YouTube
Banana Brain Teaser
Previous
2 integers, one from set A and one from set B, will be randomly selected from the sets:
A = {2, 3, 4, 5} B = {4, 5, 6, 7, 8}
What is the probability that the sum of the two integers will be equal to 9?
Answer: 0.20
Today
If m is the average of the first 10 positive multiples of 5 and if M is the median of the first 10 positive multiples of 5, what is the value of M - m?
Go for a business any idiot can run—because sooner or later, any idiot will run it.
How Would You Rate Today's Peel?
Happy Investing,
Chris, Vyom, Ankit, Mitchell, Fernanda, & Patrick



