Core Points - Borr Drilling Limited has terminated two drilling contracts due to the implementation of international sanctions affecting a counterparty [1] - The contracts for the rigs Odin and Hild were set to expire in November 2025 and March 2026, respectively [1] - The company emphasizes its commitment to adhering to international laws and maintaining high standards of corporate governance and compliance [2]

So, with today's inflation report, can we add rate cuts to the list of bullish market indicators and will that keep this rally going. Well, joining us now is Renaissance Macro Research head of US economics Neil Duta and Evans May wealth managing partner Brooke May. Great to have you both both here.And Brooke, I'm going to kick this conversation off with you because so far earning season has been incredibly strong when you look at these beat rates much much higher than we've seen uh previously and and histor ...

Financing Announcement - Homerun Resources Inc. has submitted a formal application for conditional approval of a $6-million financing with a single institutional investor [1] - The company is oversubscribed for its $3-million unit private placement at $1.00, which will close after the $6-million financing [2] - Both financings are anticipated to close in the immediate term, subject to TSX-V approval [3]

Core Points - Plaid Technologies Inc. has successfully closed the first tranche of its non-brokered private placement, issuing 680,800 common shares at a price of $1.25 per share, resulting in gross proceeds of $851,000 [1][2] Group 1: Offering Details - The first tranche of the Offering does not involve any finder's fees and is subject to a statutory hold period of four months and one day, expiring on February 25, 2026 [2] - The Company plans to complete the remaining balance of the Offering in the near future [2] Group 2: Use of Proceeds - The net proceeds from the Offering will be used to supplement previously disclosed funding needs, providing additional working capital and extending the runway for technology development, sales, marketing, and potential graphene inventory purchases [3] Group 3: Company Overview - Plaid Technologies focuses on developing and commercializing graphene-enhanced technology, particularly a proprietary graphene-infused concrete mixture aimed at wellbore cement and subsurface applications [5]

Core Insights - The S&P 500 index reached a historic high of 6,800, closing at a record high and posting a weekly gain of 1.9%, marking its third gain in the last four weeks [1] - The S&P 500 has shown significant resilience since the Global Financial Crisis, with a notable recovery period that took over five years to reach a new all-time high [1][2] - Year-to-date performance shows the S&P 500 up 15.73%, while the S&P Equal Weight Index is up 9.45%, indicating a disparity in performance between market cap-weighted and equal-weighted indices [4] Group 1: Historical Performance - The S&P 500 reached an all-time high of 1,565.15 on October 9, 2007, before experiencing a decline of approximately 57% to 676.53 by March 9, 2009, during the Global Financial Crisis [1] - The index took over five years to recover, reaching a new high of 1,569.19 on March 28, 2013 [1] - Recent selloffs in 2022 are highlighted when analyzing performance excluding the Global Financial Crisis [2] Group 2: Volatility Analysis - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [3] - The average percent change from intraday low to high over the past 20 days is 1.04%, indicating a trend in volatility [3] Group 3: Index Comparison - The S&P 500 is a market cap-weighted index comprising the 500 largest U.S. stocks across 11 sectors, while the S&P Equal Weight Index gives equal weight to each constituent [4] - The performance disparity between the two indices suggests differing market dynamics and investor sentiment [4]

Group 1: Treasury Yields and Economic Indicators - The yield on the 10-year Treasury note ended at 4.02% on October 24, 2025, with the 2-year note at 3.48% and the 30-year note at 4.59% [1] - An inverted yield curve, where longer-term Treasury yields are lower than shorter-term yields, is considered a reliable leading indicator for recessions, with the 10-2 spread turning negative before recessions [2][3] - The average lead time to a recession based on the first negative spread date is approximately 48 weeks, while using the last positive spread date yields an average lead time of 18.5 weeks [4][6] Group 2: Mortgage Rates and Federal Funds Rate - The Federal Funds Rate influences borrowing costs for banks, which typically leads to higher mortgage rates when the FFR increases; however, recent trends show mortgage rates declining despite the Fed holding rates steady [7] - The latest Freddie Mac Weekly Primary Mortgage Market Survey reported the 30-year fixed mortgage rate at 6.19%, marking its lowest level in a year [7] Group 3: Treasury ETFs - ETFs associated with Treasuries include Vanguard 0-3 Month Treasury Bill ETF (VBIL), Vanguard Intermediate-Term Treasury ETF (VGIT), and Vanguard Long-Term Treasury ETF (VGLT) [9]

Core Insights - The integration of AI in Hollywood is inevitable, with support from political figures enhancing this trend [1] Group 1: AI and Hollywood Integration - The marriage of AI and Hollywood is seen as unstoppable, indicating a strong trend towards the adoption of AI technologies in the entertainment industry [1] - Political support, particularly from the White House, is viewed as a significant factor that could facilitate the collaboration between AI developers and Hollywood [1]

Publicly traded video sharing platform Rumble is integrating Bitcoin tipping, the firm’s CEO Chris Pavloski announced while onstage at the Plan B Forum in Lugano, Switzerland.  The firm is working with stablecoin issuer and major investor Tether to enable Bitcoin tips, which are expected to be rolled out in full by early to mid-December.  “Right now, we’re in the testing phase,” said Pavloski. “We’re going to start rolling that out alongside Tether here in the coming weeks.”  The YouTube rival boasted aroun ...

Core Viewpoint - Deckers Outdoor Corporation (DECK) is facing a challenging market environment despite strong brand performance, with a new price target suggesting potential upside but recent guidance leading to a significant drop in share price [1][2][5] Financial Performance - DECK reported second-quarter revenue of $1.43 billion, reflecting a 9.1% year-over-year increase, and earnings per share of $1.82, surpassing the consensus estimate of $1.58 [2][5] - The company's full-year revenue midpoint is projected at $5.35 billion, approximately 2% below analyst expectations [3] Market Reaction - Following cautious future guidance, DECK's stock price fell over 14% in early trading, currently priced at $89.40, down 12.81% from previous levels [3][4] - The stock has fluctuated between a low of $86.83 and a high of $90.95, with a market capitalization of approximately $13.26 billion [4] Brand Performance - HOKA sales increased by 11.1% and UGG sales rose by 10.1%, indicating strong brand-level performance despite overall guidance concerns [3] - International sales showed a robust 29.3% increase, which helped offset a slight 1.7% decline in domestic sales [4] Analyst Insights - Dana Telsey from Telsey Advisory set a new price target for DECK at $105, suggesting a potential increase of approximately 16.92% from its current price [1][5] - Jim Cramer described DECK's stock as "overly hated," highlighting the market's negative sentiment despite the company's strong earnings performance [2]

Group 1 - Coinbase shares have increased by approximately 10% following JP Morgan's upgrade to overweight and a price target increase to $44, highlighting new opportunities and attractive valuation [2] - JP Morgan notes that Coinbase stock appears undervalued compared to other public crypto companies such as Circle and Bullish [2] - A significant catalyst for Coinbase's growth is its monetization of USDC, a dollar-backed stablecoin, from which it receives a substantial revenue share [3] Group 2 - By limiting yields for its Coinbase 1 subscribers, Coinbase could significantly enhance earnings and better monetize the stablecoin [3] - JP Morgan also sees potential upside in a native Coinbase token that could incentivize activity on its blockchain and drive growth [3] - Coinbase is in the process of applying for a bank charter to expand its payments business [3] Group 3 - Year-to-date, Coinbase shares have risen nearly 40% [4]