The latest AI derivative play: dad hats.

AI culture has inevitably given way to AI status symbols. Fans swarmed Anthropic's viral NYC pop-up and quickly picked it clean of embroidered "thinking" caps. But that's only the latest AI collectible to blow up.

From OpenAI’s token plaques to Fluidstack’s LEGO GPUs, tech bros everywhere are embracing the brands behind the AI boom, not just their stocks. Which leaves me wondering: if AI really is a bubble, and the bubble bursts, what will retain more of its value? Nvidia $NVDA ( ▲ 1.83% ) shares, or Anthropic merch?

Finally, read to the end for a post that’ll make you wish you’d been online in 2010…

— Brooks & Cas

By 2040, 80 million Americans will be over 65. Healthcare costs are projected to hit $7.2 trillion by 2031.

The numbers don’t lie: the Grey Wave is coming. Our inaugural research report gave subscribers two names to watch now.

If you’re not a Street Sheet Research subscriber, you didn’t see them. Fix that now while the information is still fresh.

$DAL ( ▲ 4.29% ) Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand (CNBC)

$NVO ( ▼ 1.56% ) / $AKRO ( ▲ 16.33% ) Novo Nordisk Is Buying Akero Therapeutics. It’s More Good News for Biotech Stocks. (Barron’s)

$ORCL ( ▲ 3.07% ) Oracle Stock Is Up, What You Need To Know (StockStory)

$AZZ ( ▼ 4.9% ) AZZ shares tumble after quarterly earnings miss estimates (SeekingAlpha)

$OKLO ( ▲ 2.49% ) Oklo Stock Hit with "Buy" Rating After Record Peak (SIR)

WSJ: Lay’s $PEP ( ▲ 4.23% ) is rebranding with “Made with real potatoes” packaging, new oils, and no artificial colors.

Reuters: Google $GOOGL ( ▼ 1.26% ) launched Gemini Enterprise, a new AI platform that lets business users chat directly with company data and applications.

CNBC: United Airlines $UAL ( ▲ 3.31% ) announced new 2026 routes to attract high-end leisure travelers.

Axios: Paramount $PSKY ( ▼ 2.87% ) named Roku executive Jay Askinasi chief revenue officer to help build a unified streaming and digital ad platform.

AP: The NHTSA opened a new probe into Tesla’s $TSLA ( ▼ 0.72% ) Full Self-Driving system after 58 traffic violations caused crashes and injuries.

Vegas odds haven’t been kind to DraftKings $DKNG ( ▲ 3.59% ) lately. Its stock has plunged some 30% since late August amid concerns that prediction markets like Kalshi and Polymarket could steal market share from traditional sportsbooks.

But with the moneyline on the move, Berenberg Capital Markets now believes DraftKings has become a safe bet.

The investment firm upgraded the stock to Buy from Hold, saying the recent pullback may be overdone. Analyst Jack Cummings’ new price target of $43 implies about a 22% upside from today’s close.

Cummings believes prediction market fears are misplaced, noting that “no impact on numbers has materialized so far”, while the legal landscape remains uncertain.

The analyst went on to call the sell-off excessive, especially given DraftKings’ recent fundamentals. He added that Berenberg still sees room for upside as investor sentiment stabilizes.

While Berenberg trimmed near-term forecasts due to recent sports results, Cummings said the company’s underlying business remains sound. DraftKings continues to post strong user growth and expanding profit margins — a key metric as the online betting market matures and competition consolidates.

DraftKings remains primarily focused on the US market, which Cummings sees as both a challenge and an advantage.

Without heavy international exposure, the company was hit hardest by the recent sell-off. But it also stands to benefit most from continued legalization and growth in domestic online wagering, according to the analyst.

Looking ahead, Berenberg expects DraftKings’ profitability to improve as marketing expenses normalize and hold rates remain stable. For investors willing to look past short-term volatility, Berenberg believes the stock’s sharp correction could represent a more attractive entry point than it has had all year.

Finpubs covered the noise. We covered the moves that mattered.

This weekend’s report broke down sweeping pharmaceutical developments in DC, dueling analyst calls on Apple, and why a disruptor brand led to a rare double-downgrade for a hot stock. But that’s just the start.

With Street Sheet Research, you’ll get the same edge every week — plus monthly deep-dive reports and real-time Street Feed access.

CNBC: The IRS raised 2026 tax brackets and deductions for inflation, a day after announcing furloughs amid the ongoing shutdown.

TechCrunch: OpenAI’s Sora app hit 1M downloads in under five days, surpassing ChatGPT’s iOS launch despite being invite-only.

AP: The US Treasury bought Argentine pesos and set a $20B currency swap with Argentina’s central bank to stabilize its economy.

The Verge: YouTube $GOOGL ( ▼ 1.26% ) launched a pilot program allowing previously banned creators to start new channels.

BBC: Discord said about 70K user ID photos and personal data may have leaked after hackers breached a third-party age verification firm.

ROI: +$600,000. Effort: typing two words.

The original Bitcoin Faucet handed out 5 BTC per CAPTCHA. It was meant to onboard users. It became the greatest passive-income scheme in human history.

Are you bullish or bearish on CG Oncology $CGON ( ▲ 9.21% ) over the next 12 months?

▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇ 🐻 Bearish

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