HAPPY TUESDAY TO THE STREET.

Bitcoin $BTC.X ( โ–ผ 4.68% ) just lost its extra zero.

The worldโ€™s largest cryptocurrency fell below $100,000 for the first time since June, slipping a pullback in AI stocks, as investors bailed on risk trades tied to tech valuations. Ethereum $ETH.X ( โ–ผ 9.06% ) dropped nearly 9%, slipping into red territory YTD.

Digital gold? Or foolโ€™s gold?

  • ๐ŸŸฅ | US stocks fell sharply today on the aforementioned valuation concerns, triggered in part by comments from big bank execs.

  • ๐Ÿ“ˆ | One Notable Gainer: Upwork $UPWK ( โ–ฒ 13.24% ) jumped after Q3 earnings and revenue topped expectations.

  • ๐Ÿ“‰ | One Notable Decliner: Sarepta Therapeutics $SRPT ( โ–ผ 33.74% ) plunged after its late-stage trial for two gene therapies failed to meet the main goal.

Plus, one small-cap stock may have disruptive potential amid a paradigm shift for global trade. Scroll down for more.

โ€” Brooks & Cas

Presented by Venture Trader

In a head-to-head test against the S&P 500, one AI system outperformed the market by 6X โ€” the creation of a 25-year market quant who taught his model to think like a trader.

This โ€œGenetic AI,โ€ trained on decades of data, pressure-tests thousands of trading rules until only the strongest survive โ€” delivering fewer, smarter setups, cleaner entries, and measurable market edges that separate signal from noise.

MARKET SNAPSHOT

All Stock Heatmap. Credit: Finviz

Market Movers

UBER, PALANTIR, SPOTIFY

Uber $UBER ( โ–ผ 5.06% ) issued Q4 EBITDA guidance roughly in line with expectations despite a Q3 revenue beat.

Palantir $PLTR ( โ–ผ 7.94% ) beat estimates but failed to meet elevated investor expectations.

Spotify $SPOT ( โ–ผ 2.25% ) topped Q3 revenue forecasts.

Norwegian Cruise Line $NCLH ( โ–ผ 15.28% ) missed Q3 revenue estimates. Royal Caribbean $RCL ( โ–ผ 7.35% ) and Carnival $CCL ( โ–ผ 9.06% ) also declined.

Victoriaโ€™s Secret $VSCO ( โ–ผ 1.78% ) slid after a major shareholder called for board changes.

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

UPGRADES & DOWNGRADES

๐Ÿ“ˆ Upgrades

๐Ÿ“‰ 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.

Tomorrow's Trade Idea, Today

BACโ€™S MAKE-OR-BREAK MOMENT

A Long-Awaited Blueprint

Bank of America $BAC ( โ–ผ 0.04% ) will hold its first investor day in nearly 15 years tomorrow โ€” and CEO Brian Moynihan needs it to land.

The event will outline how the nationโ€™s second-largest bank plans to boost growth and returns after years of underperformance versus rivals like JPMorgan $JPM ( โ–ผ 0.03% ) and Morgan Stanley $MS ( โ–ฒ 0.22% ).

Wells Fargoโ€™s $WFC ( โ–ผ 0.2% ) Mike Mayo โ€” long one of the industryโ€™s most vocal analysts โ€” expects 13% earnings growth next year and calls BofA โ€œthe forgotten Goliath.โ€ His price target: $62, up nearly 16% from todayโ€™s close.

Cleaning Up Past Mistakes

BofAโ€™s biggest drag has been self-inflicted. Its 2020-21 purchase of $500 billion in low-yield mortgage securities left $71 billion in paper losses. But now, those assets are finally rolling off, letting the bank reinvest roughly $10 billion per quarter at higher yields.

The bankโ€™s third-quarter results already showed progress: earnings rose 31% to $1.06 per share, with net interest margins improving. BofA also returns roughly $20 billion a year to shareholders via buybacks and dividends, offering a total yield near 7%.

Reclaiming Its Edge

Moynihanโ€™s challenge, according to Mayo, is to move from โ€œresponsible growthโ€ to โ€œmore growthโ€ while keeping credit quality high. That means reviving its wealth business, expanding credit cards, and modernizing Merrill Lynch.

At 12.5x forward earnings, Bank of America trades below every major peer. If tomorrowโ€™s event hits the right notes, the market could finally remember why the Goliath mattered in the first place.

Are you bullish or bearish on Bank of America (BAC) over the next 12 months?

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Sponsored by Venture Trader

One quant trader spent decades studying human behavior in the markets before building an AI that learns like a trader โ€” spotting patterns, testing reactions, and adapting in real time.

โ€œWhat used to take me weeks to find the right setup,โ€ he says, โ€œthis AI now finds in minutes โ€” sometimes seconds.โ€

The result? A โ€œGenetic AIโ€ that thinks with discipline and trades with machine speed โ€” turning chaos into clarity and data into measurable edges.

OVERHEARD ON THE STREET

Mint: IBM $IBM ( โ–ผ 1.27% ) disclosed that it will cut thousands of jobs this quarter as it shifts focus to software and services.

TechCrunch: Norwayโ€™s $1.6T wealth fund voted against Elon Muskโ€™s $1T Tesla $TSLA ( โ–ผ 5.15% ) pay deal, citing its size, dilution risk, and overreliance on Muskโ€™s leadership.

CNBC: Beta Technologies $BETA ( 0.0% )ย โ€”ย the Amazon-backed $AMZN ( โ–ผ 1.84% ) eVTOL maker โ€” debuted on the NYSE above the expected range.

Reuters: Stellantis $STLA ( โ–ผ 3.91% ) recalled 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs after 19 fire incidents; owners told to park outdoors.

Axios: 5.3% of laid-off workers are rehired by former employers, per a Visier analysis, suggesting AI isnโ€™t yet replacing jobs at scale.

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UNLOCK OUR NOVEMBER REPORT

Hurricane-strength headwinds are gathering for global trade. They could potentially leave some of the biggest operators capsized. But those with flexible fleets may be able to weather this storm โ€” and emerge with the wind at their backs.

In our November report, weโ€™ve identified one small-cap stock with disruptive potential. Thereโ€™s still time to ride this rogue wave before it breaks โ€”ย but maybe not for long. Unlock our latest monthly Street Sheet Research to act on this institutional-grade information while you can.

STREET TWEET

The visual definition of โ€œproductivity boomโ€.

Or, depending on who you ask, โ€œwhite-collar recessionโ€.

MONDAYโ€™S POLL RESULTS

Are you bullish or bearish on Palantir (PLTR) over the next 12 months?

โ–‡โ–‡โ–‡โ–‡โ–‡ ๐Ÿ‚ Bullish

โ–‡โ–‡โ–‡โ–‡โ–‡ย ๐Ÿป Bearish

And, in response, you said:

  • ๐Ÿ‚ Bullish โ€”ย โ€œWar prep is always good for certain vendors.โ€

  • ๐Ÿป Bearishย โ€” โ€œTheir P/E ratio is already outrageous; even with perfect earnings, there will be heavy profit-taking and correction.โ€

Reply

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