
Hancock Whitney Stock Falls 10% After $3.2B Trustmark Deal
Hancock Whitney (HWC) is paying $3.2B in stock for Trustmark, giving that bank's holders 35% of the new firm
Daily Digest
Daily Digest

Hancock Whitney (HWC) is paying $3.2B in stock for Trustmark, giving that bank's holders 35% of the new firm

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.

Richemont shares opened about 4% lower after Q2 jewelry sales rose 14%, short of the 16% expected, as a Middle East slowdown weighed on the luxury sector.
The 10-year yield (US10Y) is up 30 basis points this week as BofA sees Fed rates peaking at 4.5%–4.75%.
Nvidia (NVDA) is down about 30% from its October record as CFO Colette Kress steps in as interim CEO.
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.

Iran's security council says no enriched uranium will leave the country and resists IAEA access, as Washington reportedly asks Putin to help broker talks.
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Oil (Brent, BZ=F) sits near $95 after last week's 16% drop as Iran's clerics weigh leaving the NPT

October producer prices rose 0.3%, below forecasts, but the 6.5% annual rate is the highest since November 2022, pushing the 10-year Treasury yield to 5.16%.

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.

Brent crude (BZ=F) held near $95.41 on Friday after the Houthis claimed hits on Saudi oil sites

CoreWeave fell about 10% and Nebius about 12% on Nov. 12 as AI stocks sold off with Nvidia after its CEO exit and Nebius guidance stoked capex 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.

Modine (MOD) trades above $135, up from a $106.10 close, as Samsung reportedly weighs a bid; no deal yet.

Modine Manufacturing shares rose about 26% on Friday after Bloomberg reported that Samsung Electronics is in talks to acquire the data-center cooling maker.

Cerebras (CBRS) shares jumped as much as 13% after record Q3 2026 core revenue of about $231M, a raised 2026 outlook and a new Microsoft cloud customer deal.

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

Kospi (^KS11) reversed from a 5,500 high as SK Hynix lost 3% and foreign investors sold over 550B won.

Take-Two shares fell 2% after Bank of America set a $1.9 billion opening-weekend bar for Grand Theft Auto VI, which launches November 19 on PS5 and Xbox.

Circle (CRCL) closed at $63.82 as reserve income fell 8% and Coinbase and big banks push into stablecoins.

Kospi gave up a 3% chip-led surge above 5,500 to close down 1% at 5,290, as Samsung and SK Hynix reversed their opening gains in Seoul on Friday.
Taiwan's TAIEX index rose 1.35% Friday while Beijing's drills raise tension before Trump-Xi talks.
The text, amended March 23, names South Korea a separate state, yet Seoul's Kospi rose 2.6% on Wednesday.
Almost every macro question - inflation, recession, stagflation, central bank policy - comes back to two curves and where they cross. A short walkthrough of aggregate demand (consumption, investment, government, net exports), the short-run and long-run aggregate supply curves, what happens when each one shifts, and why central banks spend most of their attention managing AD.

US envoys Witkoff and Kushner pressed Putin to admit Europe to Ukraine talks as Russia and Kyiv agreed a prisoner swap, with no ceasefire and Ust-Luga hit.

Neurosterix (Switzerland/US) raised $105M to advance experimental treatments for schizophrenia and other neurological conditions.

Brent crude (BZ=F) is on track for a 2.4% weekly drop as Iran says it destroyed a US radar, unconfirmed.

Xi Jinping said Taiwan reunification must be achieved as Taipei rejected talks, 29 Chinese aircraft joined warships on patrol and the G7 warned Beijing.

Global Payments (GPN) slid to about $88 as CD&R and GTCR dropped a roughly $26B buyout over financing doubts

Applied Materials (AMAT) posted record fiscal Q4 revenue of $10.4B, up 53%, and guided Q1 to $11.1B on AI chip demand, but shares slipped after hours.
How fast a dollar moves through the economy is as important as how many dollars exist. A short walkthrough of the velocity equation (nominal GDP divided by money supply), why velocity rises when confidence is high and collapses in crises, and why a doubling of the money supply during 2008–2015 quantitative easing produced almost no inflation - because velocity fell faster than the supply grew.

Mercedes-Benz (MBG.DE) froze German spending and may shut two plants as union talks on €800M savings stall

Traders price a December fed rate hike near 90% after October CPI rose 0.4%, as two-year Treasury yields head for their worst week since 2024 before PPI.

Rox (US) raised a $100M Series B at a $1.3B valuation, co-led by General Catalyst and March Capital, for AI agents that automate enterprise sales operations.

Trump says China is unlikely to free jailed Hong Kong publisher Jimmy Lai, citing a "great level of hatred," days before his Shenzhen meeting with Xi Jinping.

G7 ministers cite risks to shipping while Taiwan's Taiex, home to TSMC (2330.TW), gained 1.35% on Friday.
Borrowing fuels expansion. Paying it back drags it. A short walkthrough of leverage as debt relative to income, the four ways an economy can deleverage (income, asset sales, default, inflation), why the process is inherently deflationary, and why the 2008 cleanup took more than seven years even with massive government intervention to soften it.

Moscow and Beijing are working on a possible Trump-Putin-Xi meeting at APEC in Shenzhen on November 18-19, but Xi has not committed to the three-way format.

Yeti (YETI) lowered its 2026 profit outlook to $2.90–$2.95 a share as shoppers grow more cautious.
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