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I’m in Nashville this week for our investor field trip, so Stocks and Income will be out a few hours later than usual. |
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"LinkedIn Learning for AI" |
Invest in the world's largest AI learning community. |
Schools are increasingly integrating AI education into their curriculums, and it's no surprise why. |
84% of employees are confused about AI - despite using it. |
This is why GenAI.Works was created. It's the world's largest AI education community, with 7 million followers, growing by 300k monthly. |
You may already follow them on LinkedIn (4.8 million do). Think of them as "LinkedIn Learning for AI" — a vibrant hub for AI pros, enthusiasts, and industry leaders. |
What does GenAi offer? |
Code & courses. 8,700+ AI apps, agents, and courses; all curated and ranked by the community Hackathons. Learn from the top AI leaders through their hackathons Jobs & summits. Find job opportunities with leading AI brands. Expand your network through their AI Summits
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| GenAI.Works has bootstrapped to date. They're raising capital for the first time to scale revenue & add new business lines. |
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How will capital be deployed? |
Marketplace expansion. Genai plans to expand its AI agent and application marketplace, including setting up an affiliate network GenAI academy. They will offer free and paid education programs Learning Management System. They plan to launch an LMS (like Blackboard, or Google Classroom) Creator marketplace: A new AI-powered creator marketplace to pair creators with companies
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Investment details |
Minimum investment is $750 Non-accredited investors = OK Invest before Oct 20 and earn up to 25% bonus shares.
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📰 Market Headlines |
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Markets wobbled yesterday as investors braced for a packed week of top-tier earnings, including Tesla, Coca-Cola, and American Airlines. |
The S&P 500 dropped 0.1%, ending its six-week winning streak. The Dow fell 0.8%, while the Nasdaq eked out a 0.27% gain. Nvidia was a bright spot, climbing 4.14% to close at a record high.
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The 10-year Treasury yield surged to 4.136%, its highest level since late July. [Ed: I’ve seen some calls for 5% 10-year treasuries in 2025] |
Boeing shares jumped 3.1% after the company reached a tentative deal to end a costly five-week strike. |
Goldman Sachs forecasts the S&P 500 will grow at only 3% annually over the next decade. [Ed: this kind of nonsensical prediction will hasten AI replacing banking analysts] |
ByteDance, TikTok's parent company, fired an intern for allegedly planting malicious code in AI models. |
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🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
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😱 Fear and Greed Index |
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🎤 What you said last time |
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What you had to say: |
“I would argue the ads I have to watch that urge people to vote as it is their responsibility are targeted towards left-leaning individuals and are not bipartisan.” |
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📈 Trends you need to know | | Since 1998, the S&P 500 has returned an annualised 8.5%. |
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🧠 What do you think? |
Goldman Sachs justifies its forecasts thus: |
“Indicating a marked slowdown in growth, the 3% return forecast places future returns in the 7th percentile for 10-year returns since 1930. Emphasizing the unpredictability in future market performance, Kostin's team pointed out that the forecast range includes a probable 7% gain at the high end and a 1% fall at the low end. This estimate further emphasizes the difference from the 11% long-term average return of the stock market. |
Maintaining a 95% confidence band around the projection, the strategists explained their conservative approach as the result of certain market conditions. They also underlined the importance of the robust 13% annualized return of the stock market during the past ten years, which surpassed preceding norms. Goldman's forecast points possible difficulties for anyone seeking large returns in the upcoming years.” |
Over the next ten years, the S&P 500 will generate annualised returns of |
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📊 Stocks |
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Winners and losers |
Earnings, upgrades, and acquisitions |
SAP reported Q3 cloud revenue up 25%, pushing shares up 3.2%. Nucor dropped 1.8% despite beating estimates. HBT Financial beat Q3 estimates; shares jumped 2.5%. Zions Bancorp reported a net income rise of 21% YoY, surging stocks up 4.7%.
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Market movers |
Nike secured a 12-year extension as the exclusive uniform provider for the NBA and WNBA. DJI sued the US Department of Defense over its inclusion on a list of "Chinese military companies." GE HealthCare unveiled CareIntellect for Oncology, an AI tool designed to streamline cancer diagnosis and treatment. Santander launched Openbank in the US, aiming to fund up to $30 billion in auto loans and offering a competitive 5.25% yield on savings accounts. Disney announced it will name CEO Bob Iger's replacement in early 2026. UBS sold its 50% stake in Swisscard to American Express.
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Ideas, trends, and analysis |
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🌍 Global Perspectives | | 🇺🇸🇨🇳🇷🇺🇮🇷 The US blocked China, Russia, and Iran from accessing US data on 10,000+ people. 🇰🇷🇷🇺🇰🇵 South Korea protested North Korea sending 1,500 soldiers to Russia. 🇦🇺🇬🇧 King Charles was heckled by an Australian senator in Canberra over genocide and land rights. 🇨🇲 Cameroon's 91-year-old President Biya returned home after a 42-day absence.
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📊 Crypto | | Payments giant Stripe acquired stablecoin platform Bridge for $1.1 billion. Coinbase filed FOIA requests targeting FDIC over the alleged 15% deposit cap imposed on crypto-friendly banks. Jason Lowery's Bitcoin book Softwar was reviewed by the US Department of Defense, sparking national security concerns.
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🧠 Errata | The James Webb telescope spotted an inside-out galaxy. A monstrous rogue wave was spotted in the Pacific Ocean, towering at 58 feet. Dave Jakins was cleared of cheating at the World Conker Championships after an investigation confirmed he used a real chestnut, not the alleged steel one in his pocket.
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📺 What to Watch Today |
| "You Won't Believe Your Eyes!" *The Universe's Largest Star Factory Has Been Viewed!* space |
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That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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