HAPPY SATURDAY TO THE STREET

And welcome back to Street Tweets from The Street Sheet!

So, it turns out, Meta Platform’s $META ( ▼ 0.07% ) biggest growth segment isn’t AI. It’s not VR. And it’s definitely not the metaverse.

Nope. It’s scams.

Recent reporting shows Facebook, Instagram, and WhatsApp serve up 15 billion scam ads a day, generating billions in revenue even as vulnerable users lose money.

What’s worse, newly surfaced internal documents suggest Meta can spot the fakes. It just doesn’t move fast enough to kill them.

If regulators don’t step in soon, the grift economy could keep scaling faster than any algorithm can clean it up.

— Brooks & Cas

MARKET REVIEW & PREVIEW

Stocks started strong after Washington struck a deal to end the shutdown, briefly sending the DJIA past 48,000 for the first time ever. But a chorus of Fed officials warning that December rate cuts are “far from certain” quickly deflated the rally. By week’s end, the Nasdaq had slipped 0.5%. Turns out, nothing kills a market high faster than too much Fed talk.

All eyes now turn to Nvidia $NVDA ( ▲ 1.77% ). The $4.6T AI titan reports earnings on Wednesday. Analysts expect another blockbuster quarter, and given their track record of underestimating Nvidia 18 of the past 20 times, odds are good. Still, one tiny earnings miss could send the entire AI trade into a tailspin.

Want more? Click through to read the full Market Review.

Presented by Street Sheet Research

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.

ICYMI…

It was a bad week for investors who prefer not to fly blind.

That’s one way to democratize access. These days, we’re all self-directed.

This is fine…

Right? 😅

Who needs jobs data when you’ve got the Federal WARN Act?

Good thing big public companies are mandated to tell on themselves.

Presented by Street Sheet Research

This morning, in our weekly Street Sheet Research report, we covered:

  • The energy tail risk no one’s talking about

  • Why Goldman double-downgraded a retail giant

  • A potential candidate for the next IPO pop

And much more. If you aren’t a member yet, you’re missing out. Get immediate access to the PDF and our real-time source of Wall Street news, The Street Feed.

Buy now, default later.

Some subprime auto loans are carrying interest rates above 30%.

That’s not financing. It’s repo scheduling.

Every time the McRib returns, bitcoin pumps…

Except this time. 😱

I don’t understand.

We explored every possible angle.

What could have possibly gone wrong?

QUESTION

Which of the following was once considered a “leading indicator” of recession due to its cyclical reappearance?

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