HAPPY SATURDAY TO THE STREET
And welcome back to Street Tweets from The Street Sheet!
Two weeks is too soon to say “I love you.” But it's plenty of time to ask for your $2,000 back.
Apple (AAPL) launched the foldable iPhone Duo just a couple weeks ago, and a number of day-one buyers have returned it already, before the 14-day window closed.
Their main complaint? Too heavy and too bulky for daily use.
Apple will survive the heartbreak. New online orders won't ship until January.
As for the exes, the breakup text writes itself. It's not you, it's the hinge.
— Brooks & The Street Sheet Team
MARKET REVIEW & PREVIEW
Bad news, bulls. Nvidia (NVDA) lost its CEO and inflation refused to cool. Core CPI rose 0.3% for a third straight month, and Friday's wholesale price report showed a 6.5% annual jump, hardening expectations that the Federal Reserve raises rates in December. But a blowout quarter from CoreWeave (CRWV) kept the AI trade breathing, even as Nvidia shares finished the week down nearly 15%.
Next week tests the consumer. Tuesday brings October retail sales, which follow a 0.8% gain in September. Friday delivers the final November consumer sentiment reading, after October's 48.0 marked the second-worst level in the survey's history. With a rate hike looming, any crack in spending would make the Fed's December call even harder.
How do you hedge against that risk?
In retrospect, former Nvidia CEO Jensen Huang’s leather jackets and fitness glow-up were an obvious recessionary indicator.
Buy the dip? Depends on the desk.
The chief strategist at Morgan Stanley (MS) is warning that the S&P 500 could still drop to 7,100 to 7,300.
But there’s a twist: a separate Morgan Stanley report released the same week said to “Buy the Drop.”
Talk about mixed signals.
Singing the B2ABCs.
B2C sells to a consumer.
B2B sells to a purchasing department.
B2A sells to the bot holding your credit card.
Ending today’s round-up with two very different Huang eulogies.
The first serves as a pretty wholesome reminder that this isn’t the first time Wall Street has been forced to assign a value to invaluable.













