And welcome back to Street Tweets from The Street Sheet!

Ten years ago, Google $GOOGL ( ▼ 1.01% ) wrote a check that raised eyebrows. Next year, it may raise the tech giant more than $100B.

If SpaceX debuts at a rumored $1.5T valuation, Alphabet’s early 7% stake balloons to around $111B, a surge big enough to have already lifted net income this year.

The firm really puts the “Alpha” in “Alphabet”.

And, for that matter, the “Bet”.

— Brooks & Cas

The Fed delivered its expected 25 bps rate cut, but the details did the real talking. A surprisingly large bloc of officials wanted to hold rates steady, even as the Fed added extra liquidity with a $40B Treasury buying plan. Markets briefly cheered, then rotated hard out of expensive tech. The Dow rose more than 1% while the Nasdaq slid over 1.5%.

Next week’s focus shifts to whether a Santa Claus rally can survive reality checks. The delayed November jobs report and CPI print arrive just as Powell signals the Fed is content to wait. If labor data looks ugly again, markets may grade it on a curve. If inflation reaccelerates, the holiday cheer could fade fast.

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Most retail investors start their days wrong.

Here’s the wrong way: jumping between half a dozen financial publications scrounging for tips; refreshing your investing app instead of seeking new actionable info; scrolling Facebook, Reddit, or X and telling yourself it counts as “research”.

Here’s the right way: sitting down with a cup of coffee and a single report, compiled by a trusted financial partner, with the most valuable information for your portfolio distilled into its most digestible form.

Institutional investors start their days right. With resources and access at your fingertips, it’s easy to.

Which is why we’ve made it easy for you.

Every Saturday, Street Sheet Research subscribers receive an institutional-quality PDF outlining all the important happenings on Wall Street over the past week, plus dozens of potential ways to play them.

“Self-directed” should be a superpower, not an excuse. You already have the flexibility and intuition to outpace the institutions.

You just need to start your day right.

Every time the Fed cut rates near all-time highs, the S&P finished higher a year later. 22 for 22.

History doesn’t promise anything, but it sure teases a lot.

Oracle’s $ORCL ( ▼ 4.47% ) $500 billion RPO number sounds impressive, but more than half comes from OpenAI. To deliver it, Oracle is pouring money into data centers and piling on debt. If demand slips, all that infrastructure turns into drag.

Hence why the firm’s Thursday earnings, showing massive debt and no free cash flow for the foreseeable future, nearly sent it to its sharpest single-day decline since the dot-com bubble burst.

In one corner, Netflix $NFLX ( ▲ 1.17% ), with $83B!

In the other, Paramount $PSKY ( ▼ 2.69% ), with Trump backing, Middle East funding, and a $108B offer to boot!

(Albeit only $16B in net assets…? 🤔)

Last Monday, in Street Sheet Research’s monthly equity research report, we covered a midcap energy stock potentially poised to lift off… 

Not from one timely tailwind, but nearly half a dozen:

Each one of these trends demands headlines today. And that means this sort of opportunity might not remain overlooked for much longer. Get immediate access to the PDF when you subscribe to Street Sheet Research today.

A 1.7% annual drop might sound small, but it was the sharpest for listings in more than two years as both sides of the market wait out the cold.

Buyers want lower rates. Sellers want higher offers. So we all get a stalemate.

Swiping Best Buy’s $BBY ( ▼ 2.01% ) commercial star may not fix GameStop’s $GME ( ▼ 2.88% ) fundamentals. But it is a vibe.

For the OG meme stock, that might matter a lot more than earnings.