Ueda Hints at Hike

BOJ’s Ueda hinted clearly at a potential December rate hike.

Silver banana goes to…

Your Daily Dose of Market & Career Clarity

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🎯 In this issue:

  • Banana Bits: Finance headlines that actually matter

  • Market Summary: Stocks log fifth straight gain as Fed cut hopes hold

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

  • Technical Trip: Interview Question with BlackRock

  • Lesson From the Library: Master the technicals, the fit, and the mindset banks expect on Day 1.

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

  • The Daily Poll: See how you stack up

  • Student Corner: Army Veteran to Banking: Jonathan’s powerful story & success strategies

Market Snapshot

📉 Banana Bits

Market Recap

A Fifth Straight Rally For the Market  

U.S. stocks notched a fifth-straight day of gains, as the Chicago Mercantile Exchange (CME) restarted operations following an earlier outage, and expectations for a Federal Reserve interest-rate cut next month remained intact. 

The S&P 500 Index ended 0.5% higher in a shortened session in New York, notching its biggest weekly advance since May and reversing a monthly decline to close out a jittery month in the green. The tech-heavy Nasdaq 100 Index gained 0.8%. The Cboe Volatility Index hovered at around 16.

Most U.S. markets reopened for a shortened trading session following the Thanksgiving holiday. There was limited news expected on Friday, with no economic data scheduled for release and no planned speakers from the Fed ahead of the blackout period leading up to December’s interest-rate decision.

What's Ripe

Circle Internet Group Inc. (CRCL) 10.0%

  • CRCL jumped 10% after B*tcoin’s brief rally to $90,000 mark 

  • The world’s largest cr*pto by market cap has moved 0.8% lower over the past 24 hours to $90,736, according to CoinDesk data.

GameStop Corp. (GME) 4.2%

  • GME gained 4.2%. The meme stock gained momentum ahead of third-quarter earnings, which are expected next week. The shares have slumped 29% this year.

What's Rotten

Tilray Brands Inc. (TLRY) 20.9%

  • TLRY sank 21%. The cannabis company said it would initiate a one-for-ten reverse stock split, effective Monday.

Oracle Corp. (ORCL) 1.5%

  • ORCL declined 1.5%. It has been battered by expectations that the company will borrow even more to finance its AI business.

🧠 Technical Trip

Interview Q&A from BlackRock

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

📚 Lesson from the Library

🎥 Investment Banking Interview Course

Master the technicals, the fit, and the mindset banks expect on Day 1.

🌟 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 they build skills in the right order

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

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

🦈 Deal Dispatch

M&A, IPOs, And Other Notable Transactions

📊The Daily Poll

Manufacturing weak despite strong exports. China’s economy is…

Login or Subscribe to participate in polls.

Previous Poll:

30-year mortgage rates dipped to 6.23%. What's your take?

Good time to buy: 18.8% // Still too high: 56.5% // Temporary move: 24.6%

Student Success Corner

Army Veteran to Banking: Jonathan’s Powerful Story & Success Strategies

👉 Check out more on WSO YouTube

Banana Brain Teaser

Previous

If y is an integer, then the least possible value of |23 - 5y| is?

Answer: 2

Today

How many integers n are there such that 1 < 5n + 5 < 25?

Great investors need the right blend of intuition, business sense, and talent.

Andrew Lo

How Would You Rate Today's Peel?


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