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As the saying goes, all good things must come to an end.
Another amazing summer and I am so thankful for everyone who contributed to make it awesome!
Starting out being a full time summer intern with @Benzinga, then heading to NYC and meeting and talking to the brightest minds of Wall Street, such as @carlquintanilla and @ScottWapnerCNBC from CNBC, @DivesTech of Wedbush, and my good friend @JayWoods3 for hosting me again and showing me the business!
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Well @carlquintanilla and the @CNBC team. This is my final day of summer vacation as I start school tomorrow (with a 12:30 p.m. dismissal). It has been a pleasure of watching you guys every weekday morning all day but especially @SquawkStreet from 9a-12p!
Thanks for everything!
(Politico) - A growing number of Republicans on Capitol Hill want to draft Marco Rubio for a 2028 presidential bid as they grapple with their midterms wipeout — and look beyond Vice President JD Vance.
#DraftMarco
politico.com/news/2026/11/11…
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Nicholas Brown retweeted
“The cure for high prices is high prices.”
STN Chief Economist Blu Putnam thinks $NVDA investors should keep that in mind. The soaring demand for AI chips is attracting competition from every direction, including Google, AMD and newer entrants. The higher the prices and rental rates go, the bigger the incentive for competitors to step in.
Nvidia's success may be planting the seeds of its own competition.
As Putnam said, “Buy the movie rights, not the stock.”
Want to hear more from Blu on the topic? He’ll be joining PreMarket Prep Wednesday morning around 8:30am EST.
Consumers are showing signs of strain even as they keep spending, CNBC/NRF Retail Monitor shows cnbc.com/2026/11/11/october-…
Nicholas Brown retweeted
Scoop: Inside Bessent's Situation Room confrontation with Lutnick over China chip security axios.com/2026/11/11/bessent…
Nicholas Brown retweeted
Fed Speak: Goolsbee calls CPI 'borderline disturbing,' Paulson backs gradual tightening @seekingalpha
BAIRD DOWNGRADES NVIDIA TO NEUTRAL
"2027 data center forecasts are being delayed due to very recent lack of visibility, with supply issues mostly the reason for a potential slowdown, but also due to potential demand softening as Al hyperscaler capex growth could slow to 40% or slightly less for 2027.”
- PT: $200 FROM $500
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* Goldman Sachs Forecasts Two 25-Bp Fed Rate Hikes, in December and March 2027, Compared with Its Earlier Call for a December Increase.
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* NVIDIA CONFIRMS HIRING OF JOON KIM, WACHTELL FOR PROBE
$NVDA
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Nicholas Brown retweeted
Before the last meeting several members of the FOMC cited "no urgency," and now two other members of the FOMC have cited the possible need to do 50 basis points at the next meeting. Continuous, gradual and predictable is much preferred to erratic monetary policies.
* DEMOCRATIC SENATE LEADER SCHUMER CALLS TRUMP'S DEFENSE OF NVIDIA'S HUANG "TROUBLING"
* SCHUMER SAYS FULL ACCOUNTING FOR TRUMP’S ALLEGED "FAILURE TO ADDRESS FOREIGN ESPIONAGE IN THE AMERICAN TECH INDUSTRY" NEEDED
$NVDA
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".. Miller Lite stats o' the day
-97.7%
-98.5%
-99.6%
the changes from all-time highs to today in
- $DJT
-Trumpcoin
-Melania Coin."
(via @followtheh)
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Finally, a sigh of relief!
@JayWoods3
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U.S. gas prices fall below $4 for the first time since July cnbc.com/2026/11/10/us-gas-p…
* GOLDMAN EXPECTS ANTHROPIC REVENUE TO EXCEED $600B BY 2030: FT
$ANT
Nicholas Brown retweeted
why were the midterms such a bloodbath?
well here's one visual Keep It Simple Stupid explanation: the October inflation report.
Nicholas Brown retweeted
As long as you don't eat out, buy groceries, travel or generally engage in economic activity...you are not feeling inflation
Replying to @GregDaco
⚠️Broad inflation pressures
1⃣ Food prices: groceries & restaurants
2⃣ Core goods: furnishings, drugs, video/audio, toys, textbooks, computers, smartphones, personal care
3⃣ Core services: intra-city transportation, hospitals, recreation services, auto insurance & repair
DAN IVES: “.. We believe if Jensen was removed as CEO, Nvidia is worth a lot less (25%-30%) as a company/stock and would change the future direction of the company and create a dramatically different competitive environment around AI GPUs both in the US and globally especially for China.”
$NVDA @DivesTech
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