$5K for a bike? It’s a bold strategy, Cotton.

EV maker Rivian $RIVN ( ▼ 0.61% ) just unveiled the Also TM-B, a “pedal-by-wire” e-bike that charges via USB-C, recognizes your phone like a Rivian truck, and greets you by name before silently judging your fitness. Oh, and the price tag is a cool $4,500.

Especially eyebrow-raising, considering Rivian still hasn’t posted a single profitable quarter, and is bracing for a projected EV sales slump. Then again, if you’re going downhill fast, you might as well do it in style.

Plus, why is clean energy outpacing the S&P 500 under Trump 2.0? Scroll down for more.

— Brooks & Cas

Vanguard just projected public markets may return only 5% annually over the next decade. In a 2024 report, Goldman Sachs forecasted the S&P 500 may return just 3% annually for the same time frame—stats that put current valuations in the 7th percentile of history.

Translation? The gains we’ve seen over the past few years might not continue for quite a while.

Meanwhile, another asset class—almost entirely uncorrelated to the S&P 500 historically—has overall outpaced it for decades (1995-2024), according to Masterworks data.

Masterworks lets everyday investors invest in shares of multimillion-dollar artworks by legends like Banksy, Basquiat, and Picasso.

And they’re not just buying. They’re exiting—with net annualized returns like 17.6%, 17.8%, and 21.5% among their 23 sales.*

Wall Street won’t talk about this. But the wealthy already are. Shares in new offerings can sell quickly but…

👉 My subscribers skip the waitlist

_{*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.}

Netflix $NFLX ( ▼ 2.89% ) missed profit estimates for the third quarter.

Hilton $HLT ( ▼ 0.44% ) gained on stronger-than-expected quarterly earnings and revenue.

Oklo $OKLO ( ▼ 6.25% ) dropped after the Financial Times highlighted its $20B valuation despite no revenues or operating licenses.

Travel+Leisure $TNL ( ▲ 0.34% ) rose on better-than-expected quarterly results.

Beyond Meat’s $BYND ( ▼ 1.61% ) meme-stock rally wavered following a new Walmart distribution deal.

To monitor hot stocks in real time, check out The Street Feed.

📈 Upgrades

📉 Downgrades

This is just a fraction of the calls we feature all day on The Street Feed. Street Sheet Research Subscribers can see why the analysts upgraded or downgraded the stocks above and updated price targets. Get immediate access today.

Deutsche Bank $DB ( ▲ 0.64% ) just initiated coverage on AppLovin $APP ( ▲ 1.19% ) with a Buy rating and a $705 price target — implying 25% upside from current levels.

Analyst Benjamin Black called the mobile advertising company “best in class” and said its dominance in mobile gaming ads gives it a massive advantage as it expands into new verticals.

AppLovin has surged 71% this year, but Deutsche thinks the rally isn’t done.

The firm highlighted the firm’s 80% share of the mobile ad supply market, with 55% on the demand side, a moat few competitors can cross. At more than one billion daily active users, AppLovin’s ad tech engine improves with scale, reinforcing its edge against rivals outside the major “walled gardens.”

Black sees the next growth phase coming from e-commerce advertising, a category he says could be “multiple times larger” than in-game ads. Expanding into this space should both diversify revenue and deepen relationships with new advertisers.

Deutsche also sees potential for AppLovin to push into other high-value industries — from financial services to media, healthcare, and broader transactional web services — over the long term.

AppLovin’s topline growth has averaged 69% annually over the past three years, with little increase in operating costs — a sign of scalability few ad platforms can match. Deutsche expects the company to sustain 20%–30% annual growth near term as it leverages its data and reach.

For investors, AppLovin looks less like a game and more like a platform — one that keeps getting harder for the competition to beat.

If you’ve got $5,000+ in savings, stop settling for low interest.

Find high-yield accounts that pay you more, fast.

Tap here or below to compare rates and boost your savings today.

Reuters: Meta $META ( ▲ 1.8% ) will cut about 600 jobs in its Superintelligence Labs unit, affecting FAIR and other AI product and infrastructure teams.

Ars Technica: Google $GOOGL ( ▲ 1.15% ) unveiled a “quantum echoes” algorithm that performed 13,000 times faster than a supercomputer.

CNBC: Amazon $AMZN ( ▲ 0.18% ) introduced Blue Jay, a new warehouse robot that picks, sorts, and consolidates packages as the company accelerates automation efforts.

Engadget: Toyota $TM ( ▼ 0.86% ) unveiled its 2026 all-hybrid RAV4 with redesigned Linux-based software offering faster, smoother voice and touch controls.

YF: GM $GM ( ▲ 1.21% ) announced plans to add “eyes-off” autonomous driving to its Super Cruise system, starting with highways before expanding to city streets.

Didn’t receive our Street Sheet Research report last weekend?

Here are some of the pressing questions we answered:

And many more. Get these answers, along with instant access to our source for real-time investing info, The Street Feed, and our first-ever Equity Research Report, An Aging America. Sign up for Street Sheet Research today.

Is the smart investor’s most precious commodity… dumb money?

Then maybe we don’t want more readers. 🤓

Are you bullish or bearish on Colgate-Palmolive $CL ( ▲ 0.61% ) over the next 12 months?

▇▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇▇ 🐻 Bearish

And, in response, you said: