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The five stories that matter before the open, with context instead of noise.

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Earnings, guidance changes and notable moves in large-cap US names.

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The Investing Letter

One long read a week on portfolio construction, valuation and investor behaviour.

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Economy · Weekly, Thursday

Economy Weekly

Rates, inflation, labour and policy, explained for people who hold investments but do not trade for a living.

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    Daily Brief · Profit Strategy Alerts To: you · Every weekday, 7:00 AM ET

    Thursday, November 12, 2026

    Daily Brief

    The five stories that matter before the open, with context instead of noise.

    1. Investing

      Jim Cramer sends a strong signal on AT&T and SpaceX to investors

      Jim Cramer told a caller on “Mad Money” not to own AT&T (T). “I think that Elon Musk is a vicious competitor,”…

    2. Investing

      Wall Street’s trading model faces a new kind of pressure

      The basic mechanics of financial markets have stayed largely unchanged for decades. Stocks open and close at set times. Trades settle the…

    3. Investing

      Kevin O’Leary says he ‘can’t stand it’ when people blow $28 on lunch if they only make $70,000

      Somewhere right now, a person is tapping their card for a $28 salad and not thinking twice about it. “Shark Tank” investor…

    4. Investing

      Anthropic $3.4B deal raises questions on AI’s insatiable power needs

      The AI buildout has shown that it needs a large amount of electricity, and Anthropic just made a move that emphasizes that…

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    Stock Watch · Profit Strategy Alerts To: you · Every weekday, pre-market

    Thursday, November 12, 2026

    Stock Watch

    Earnings, guidance changes and notable moves in large-cap US names.

    1. Investing

      Morgan Stanley sees 129% tech company rebound brewing after crash

      In October, I covered Bank of America’s thesis on raising Seagate’s price target to $1,200 while the stock was trading around $642.…

    2. Investing

      Cathie Wood buys $15.3 million of tumbling semiconductor stock

      Cathie Wood, chief of Ark Investment Management, often buys more of her favorite tech stocks when their prices tumble, seeing selloffs as…

    3. Economy

      56 of 62 Firms Oppose OKXICE Tokenized Stock Plan, Leaving…

      The proposed tokenized stock trading platform backed by cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York…

    4. Investing

      Morgan Stanley says SpaceX stock is now cheaper than the S&P 500

      The hottest IPO in history feels pretty lukewarm right now. Five months after SpaceX went public, anyone who bought at the offering…

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    The Investing Letter · Profit Strategy Alerts To: you · Weekly, Sunday

    Thursday, November 12, 2026

    The Investing Letter

    One long read a week on portfolio construction, valuation and investor behaviour.

    1. Long read Example

      Key-person risk: what Elon Musk teaches about betting on a founder

      When one leader is the story, how should a long-term investor size the position and plan for surprises?

    2. Portfolio Example

      A boring core and a small satellite

      Why many investors keep most money in broad funds and only a slice in individual ideas.

    3. Valuation Example

      P/E is not a price tag: three better ways to judge “expensive”

      Free cash flow, return on capital and growth-adjusted measures, explained with plain examples.

    4. Behaviour Example

      Why we sell winners too early and hold losers too long

      The psychology behind two costly habits, and simple rules that help break them.

    Stories marked “Example” show the kind of coverage this edition sends; they are not published articles.

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    Economy Weekly · Profit Strategy Alerts To: you · Weekly, Thursday

    Thursday, November 12, 2026

    Economy Weekly

    Rates, inflation, labour and policy, explained for people who hold investments but do not trade for a living.

    1. Investing

      Colgate-Palmolive signals more price hikes as U.S. sales fall

      American shoppers have been dealing with higher prices for groceries and household essentials. Even everyday products such as toothpaste, soap, and deodorant…

    2. Stock

      AI spending fears threaten S&P 500 recovery

      The S&P 500 (US500) has started to recover after last week’s sharp fall, but concerns about artificial intelligence (AI) spending and interest…

    3. Latest News

      D-Wave Stock Outperforms Rigetti After Both Quantum Firms…

      Quantum computing stocks diverged on Wednesday, November 11, after D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) reported third-quarter results that exposed different…

    4. Latest News

      Nvidia Stock Rebounds 3.8% as CoreWeave Raises Revenue…

      Nvidia stock (NASDAQ: NVDA) climbed 3.85% to $175.39 at 11:45 a.m. Eastern Time on Wednesday, November 11, recovering from Tuesday’s $168.89 close…

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    Holiday Special

    Market sentiment

    Bullish

    Retail index sentiment is peaking.

    Year-Ahead Outlook The definitive macro report.
    Inflation Watch CPI data release next week.
    Stock

    AI spending fears threaten S&P 500 recovery

    By admin3 min read

    The S&P 500 (US500) has started to recover after last week’s sharp fall, but concerns about artificial intelligence (AI) spending and interest rates remain. The US midterm elections have raised questions about whether new data centers will face tougher rules, while strong jobs figures have kept another Federal Reserve (Fed) rate hike in December under discussion.The index fell 4.4% on 5 November before rising 0.3% the following day. Futures were…

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