Crash or rally?

Nvidia looks set for $320B swing after earnings, SpaceX could be more valuable than OpenAI, Meta wins landmark antitrust case, financial stocks send warning, and tech giants pour billions into Anthropic as circular AI investments roll on...

 

Good morning.

The Fast FiveNvidia looks set for $320B swing after earnings, SpaceX could be more valuable than OpenAI, Meta wins landmark antitrust case, financial stocks send warning, and tech giants pour billions into Anthropic as circular AI investments roll on…

📌 Not a Single "Mag 7" on This Legendary Investors List — A renowned former hedge fund manager – friends to some of the biggest investors in the world – just released a new list of his favorite AI stocks... and not a single Magnificent 7 name made the cut. Instead, an AI stock you've likely never heard of just flagged as "near-perfect" in his new investing scoring system. For the name, ticker and demo, go here → (ad)

Calendar: (*Shutdown may affect key data. All times ET) - Full Calendar »

  • Today:
    FOMC Meeting Minutes, 2:00P

  • Tomorrow:

    Unemployment Claims (tentative) 
    Existing Home Sales, 10:00A

Your 5-minute briefing for Wednesday, Nov 19:

BEFORE THE OPEN

As of market close 11/18/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↓31.62% for Week of NOV 13 2025

Previous week: 37.97%

Market Wrap:

  • Futures slip: Dow -47 (-0.1%), S&P -0.2%, Nasdaq -0.3%.

  • Major indexes logged 4th straight day of losses.

  • Nasdaq down 5 of last 6 sessions; tech weakness persists.

  • Nvidia, Palantir, AMD, and Microsoft fell ahead of NVDA earnings.

  • Tech & discretionary lead monthly losses; health care leads gains.

  • Nvidia reports today; bar for earnings beat remains high.

  • Retailers Target, Lowe’s, and TJX to report premarket.

EARNINGS

Here’s what we’re watching this week:

Stop Chasing NVIDIA —

If you're chasing Nvidia, Amazon, or Palantir right now, I've got one word for you: Stop.

Because according to legendary investor Whitney Tilson, AI mania is about to leave millions of investors holding the bag.

Whitney just went public with one of his most controversial predictions in years: "The AI boom is real... but the next wave of gains won't come from where everyone expects." Instead, he believes a stealthy, little-known stock is about to blow past Nvidia in a way few investors see coming.

- a message from Stansberry Research -

HEADLINES

Nvidia's earnings report today could trigger a $320B swing in the chipmaker's market value — the largest post-earnings move ever ​for the AI giant — as investors seek signals about whether the AI boom is accelerating or cooling.

Sequoia Capital's Roelof Botha said Elon Musk's SpaceX has a "bigger chance of being the most valuable company" than OpenAI during a sit-down interview at Axios' BFD event on Tuesday.

  • Stocks fall before Nvidia’s high-stakes AI results (more)

  • Financial stocks send warning, threaten to tumble below key levels (more)

  • Trump ramps up his bid to soothe fears about rising prices (more)

  • New poll finds most Americans fear civil war and democratic decline (more)

  • Traders hedge against Fed cut even as odds of reduction diminish (more)

  • Trump: ‘I think I already know’ Fed Chair pick (more)

  • Jobless claims totaled 232,000 in week ended Oct. 18 (more)

  • Oil climbs higher with US, EU’s next moves on Russia in focus (more)

  • Meta wins landmark antitrust case over social media monopoly (more)

  • Tech giants pour billions into Anthropic as circular AI investments roll on (more)

  • Google launches Gemini 3, embeds AI model into search immediately (more)

  • Home Depot cuts forecast as consumers pull back on spending (more)

  • Retail traders schooled on market timing as new crypto bets sink (more)

  • Record reverse splits expose growing divide between small caps, megacaps (more)

  • US data center demand raising power risks this winter (more)

DEALFLOW

M+A | Investments

  • Akzo Nobel buys Axalta to build $25B paint company

  • Topgolf Callaway sells majority stake in unit at $1.1B valuation

  • Elliott inks deal to buy up to $6.5B of Klarna’s US loans

VC

  • Federato, an AI-native platform for insurance workflows, raised $100M in Series D funding

  • Ursa Major, an aerospace and defense company focused on propulsion for space mobility and launch, raised $100M in Series E funding

  • Agentio, an AI-native platform for creator-led advertising connecting brands and creators, raised $40M in Series B funding

  • Chargeflow, an AI-powered chargeback automation platform, raised $35M in Series A funding

  • VahatiCor, a medtech company focused on coronary microvascular dysfunction, raised $23M in Series B funding

  • Nudge Security, a SaaS and AI security-governance platform focused on “workforce edge” SaaS/AI usage, raised $22.5M in Series A funding

  • Orion, maker of a personalized smart mattress, raised $17.5M in Seed funding.

  • Hammerhead AI, an ORCA platform for infrastructure and “AI factories,” raised $10M in Seed funding

  • Asseta AI, an accounting platform for family offices managing complex multi-entity wealth, closed a $4.2M Seed round

  • Scale Social AI, a marketing tech company helping franchises and multi-location brands with local marketing, raised $1.3M in pre-Seed funding

Buy This AI Stock Tomorrow Morning?

A former hedge fund manager known for spotting early winners is sounding the alarm once again. He called Netflix at $7.78 (up 4,200% since), Apple at $0.35 (up 20,000%), and Amazon at a split-adjust $2.41 (up 3,200%).

Now he's turning his focus to a little-known AI company that just earned a near-perfect score in his new proprietary stock grading system. In a brand-new presentation, he reveals the name, ticker symbol, and why this could be the smartest AI move of the year... especially if you're over 50. Click here to watch it before word gets out »

- a message from Stansberry Research -

CRYPTO

  • Crypto market sheds over $1tn in six weeks amid fears of tech bubble (more)

  • Institutions lean into crypto despite Bitcoin price slump (more)

  • Kraken scores $800M raise backed by $200M Citadel Securities investment (more)

BULLISH BITES

❓  Bubble or breakout? Nvidia earnings put AI boom under the microscope.

🪐 Now tech moguls want to build data centers in outer space.

💸 Robinhood will bring cash to your doorstep.

🎧 Why you need $1,500 earbuds.

DAILY SHARES

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