
US Producer Prices Set to Rise 6.6% as Rate-Hike Odds Build
Wholesale prices rose 6.3% in September, and economists expect a faster pace in October's report due today.
Daily Digest
Daily Digest

Wholesale prices rose 6.3% in September, and economists expect a faster pace in October's report due today.

They Said Buy tracks stock calls from YouTube creators, pairing exact quotes and links to the precise video moment with what happened to the share price afterward. Revisit the original statement, see the outcome, and put memorable predictions in context.

Children's Place (PLCE) shares surged 257.63% to about $0.71 after hours despite a Chapter 11 filing and store closing sales, driven by speculative trading.
5:18Counterfeiting isn't just theft. It's a slow-motion attack on the unit of account itself - every fake bill that circulates makes every real one worth a little less. A short walkthrough of why authenticity is non-negotiable for money to work, the historical episodes where counterfeiting collapsed entire currencies, the layered defenses on a modern banknote, and why digital money may finally make counterfeiting mathematically impossible.

Brent (BZ=F) slipped as the Kremlin said Trump and Putin will meet Nov. 18–19; Kyiv, Europe object.

Bitcoin slid to about $71,300, its lowest since August, as $650 million in liquidations, five days of spot-ETF outflows and a Nvidia sell-off erased $550 billion from crypto.
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Sales slid to a 3.75M yearly pace, the lowest since August 2010, as 30-year mortgage rates sat near 7.3%.

Strategy (MSTR) fell about 7% to $113.60 after MSCI confirmed it will drop the bitcoin holder from its global indexes, which could force roughly $1.6 billion of passive selling.

UFORCE (UK/Ukraine) raised a $700M Series A at a $6B valuation, co-led by Valor Equity Partners and the UK National Wealth Fund, to scale autonomous maritime, aerial and ground defence systems.

Imprint (US) raised $130M from Khosla Ventures, Ribbit Capital and Thrive Capital for payments, credit card and loyalty infrastructure for consumer brands.

The EU plans to add 150 entities on Monday as Witkoff and Kushner brief Putin after Abu Dhabi talks.

Tetra Tech shares jumped about 10% after fiscal fourth-quarter adjusted EPS of $0.49 beat the $0.47 estimate, backed by a record $4.67 billion backlog.
Advanced Micro Devices (AMD) traded near $568 as Broadcom gained 4.7% and Nvidia fell 5% after its CEO quit
Brent crude (BZ=F) rose about 1.1% on Thursday after Trump said the US no longer needs a deal with Iran.

Corteva (CTVA) shares fell about 20% after Q3 2026 revenue of $1.59B missed the $1.77B estimate, as Brazil weakness and acetochlor pricing cut guidance.
4:20Three monetary technologies are racing toward the same future at the same time: central bank digital currencies, stablecoins, and cryptocurrencies. Each one solves a different problem and creates a different set of trade-offs around control, privacy, and trust. A short walkthrough of what CBDCs actually do, why programmable money changes the rules of every economy that adopts it, and why the transition will take decades, not months.

Corteva (CTVA) sales fell 9% to $1.59B, missing the $1.77B estimate, and it cut its 2026 profit outlook.

Asian chip stocks sold off sharply on Nov 12: Taiwan's Taiex fell 2.63% as Nvidia's leadership crisis hit TSMC, while SK Hynix slipped 1.8% and Samsung rose.

Edelbyte (Israel/US) emerged from stealth with $70M in seed and Series A funding led by Sequoia and Quiet Capital. It builds a search and analytics platform for AI-driven workloads.

AMD gained about 3% to 4% and Broadcom 5% to 6% on Nov. 12 as investors shifted out of Nvidia after CEO Jensen Huang resigned, and William Blair upgraded AMD to outperform.

Eli Lilly (LLY) won China's first oral GLP-1 weight-loss pill nod, with sales up 39% last quarter.
An economy isn't a list of transactions - it's a circuit. Money moves in one direction, goods and services move in the other, and every paycheck, purchase, tax, and investment is a node in the loop. A short walkthrough of the circular flow model, why savings and investment create leaks and injections, and why understanding the diagram is the cleanest way to see why stimulus expands an economy and austerity shrinks it.

Brent crude rose above $93 after Trump pulled Vance from Iran talks and two tankers hit mines in Hormuz, reviving the war premium in the crude oil price.

Strategy (MSTR), formerly MicroStrategy, faces an estimated $2.8B of forced selling by index funds.

Nvidia CEO Jensen Huang resigned effective immediately, CFO Colette Kress is interim chief, and the stock fell as market value dropped below $4 trillion.

Fractile (UK) raised a $720M Series C backed by Britain's Sovereign AI Fund. It is building AI inference chips.
Legence (LGN) rose to $36.45 as CoreWeave's strong report lifted data-center builders before earnings.
Goldman Sachs (GS) now sees two more quarter-point hikes, as October prices rose 0.4% and Goolsbee warned.

Cerebras reports Q3 2026 results after the close Thursday, with about $215 million in revenue expected and OpenAI demand and margins in focus after a 57% slide in three months.
When the stock market hits a record high while wages stagnate and factories sit idle, two economies are running at the same time. A short walkthrough of the difference between the real economy (wheat, haircuts, semiconductors) and the financial economy (claims on the future value of all of that), why they're linked but not identical, and why bubbles, crashes, and the entire 2008 crisis make more sense once you stop confusing the two.

Nebius (NBIS) reports third-quarter 2026 results before the open Thursday, with options pricing a roughly 20% move after a sharp Wednesday rally.

Sterling (GBP/USD) slipped about 0.2% to near $1.33, even as UK output hit its fastest pace since early 2024.

The Commerce Department is finalizing a rule to bar Chinese AI firms from renting Nvidia chips in offshore data centers, ahead of the Trump-Xi APEC meeting.

Sparxity (Germany, Dresden) raised €80M for sparse-native AI computing.
Sonos (SONO) also approved a $150M buyback, but memory-chip costs are cutting into its profit margins.
Dell (DELL) rallied as Super Micro gained 8% and HPE 6%, easing a month of Texas data center fears.
Most of the confused arguments about debt, deficits, GDP, and wealth come from mixing up two different kinds of quantity. A short walkthrough of stocks (amounts measured at a point in time) versus flows (rates measured over a period), why you can never compare them directly, and why the distinction is the single best tool for cutting through economic headlines.

Burberry shares rose about 8% after first-half adjusted operating profit more than tripled to £62M and comparable sales grew for a fifth straight quarter.

Brent crude (BZ=F) slipped as Saudi Arabia lifted output 26% to 10.56M barrels a day and Iraq neared 4.9M.

The STOXX 600 closed at a record 663.05 as the DAX rose 1.2%, with strong earnings and easing Mideast tensions lifting European equities.
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