Let's get to the broader market ahead of tomorrow's Fed decision. Joining us now is Piper Sandler chief investment strategist Michael Cananteritz. Michael was ranked Excel's top portfolio strategist for the second year in a row.Michael, thank you for joining us. So, so do you expect the gains this year to continue through the end of the year and into next. >> Yeah, I I think you know we remain constructive on the market.I think the difference is going to be the leadership. you know, in the summer from the A ...

"Why doesn't Tesla buy Uber? There's no need. We have millions of cars that will operate autonomously. It's a combination of a Tesla owned fleet and enabling Tesla owners to add their car to the fleet. You can think of it as some combination of Airbnb and Uber."Elon Musk https://t.co/m6T3MoWOlj ...

A lot of great startup ideas are sort of in this gray area of like the law is not totally clear. It's a little bit murky whether it's legal or illegal. Even Open AI is like that, right.I mean, they they crawled the entire web without permission. You could argue that that's fair use or you could argue it's like massive copyright theft. I remember talking to the Lyft founders the week before they launched Lyft and they were extremely worried that they would go to jail and they decided to like roll the dice an ...

Core Viewpoint - The year-end rally in equities is at risk due to a cautious Federal Reserve outlook on the economy, which may signal a larger-than-expected economic slowdown [1][2] Group 1: Market Sentiment - The S&P 500 Index is close to a record high, with investor confidence in a scenario where the Fed cuts interest rates amid falling inflation and resilient economic growth [1] - Optimism may be tested if the Fed provides dovish signals at the upcoming meeting, potentially indicating a significant economic slowdown [1][2] Group 2: Interest Rate Expectations - There is a strong market expectation for a quarter-point rate cut at the December 10 meeting, with probabilities rising to over 90% from 60% a month ago [3] - Traders have fully priced in three rate cuts by September 2026 [3] Group 3: Economic Indicators - The S&P 500 is approximately 0.5% away from its October peak, with seasonal trends typically favoring a year-end rally [4] - Upcoming key jobs and inflation reports pose risks to the market, as these reports were delayed due to a government shutdown [4] Group 4: Investment Recommendations - The US administration is expected to intervene to prevent inflation from rising significantly and to keep the unemployment rate below 5% [5] - Recommendations include buying "inexpensive" mid-cap stocks into 2026, with a focus on sectors linked to the economic cycle such as homebuilders, retailers, REITs, and transportation stocks [5] Group 5: International Equities - A preference for international equities through 2025 has been reiterated, as the S&P 500's performance has lagged behind the MSCI All-Country World ex-US index [6]

4 December 2025 | 8:01PM EST Equity Research US Tactical Research: Identifying Laggards to Buy Heading into 2026 As investors begin to shift their focus towards positioning into the new year, we revisit the effects of the "Laggards" trade, where prior year's laggards have a tendency to become leaders in Q1 of the following year. This trend has held up in 14 of the 23 years since we started tracking the data in 2002, and in 1Q of 2025 laggards outperformed the SPX by +1.6% on average (53% hit rate) - a rever ...

Group 1 - The company's strategy remains consistent with no significant changes observed as the year approaches its end [1] - The diversity in end markets, regions, and customer base contributes to the company's resilience across various markets [1] - Commercial vehicle performance in North America is still weak, but there are positive signs in Europe and light vehicle markets in China [2] Group 2 - The aftermarket segment continues to perform well, indicating a strong area of growth for the company [2] - Overall, the company maintains confidence in its guidance and looks forward to future performance [2]

Group 1 - The Dow Jones Transportation Average, also known as Dow Transports, has shown improvement after experiencing year-to-date losses, marking an upward trend for the past eight days [1] - The index consists of 20 transportation stocks, including notable companies like Uber Technologies and UPS [1] - The current performance is on track for the longest winning streak since October 26, 2021, when it rose for nine consecutive trading days [1] Group 2 - The Dow Transports is closely monitored due to the Dow Theory, which posits that the 30 components of the Dow Jones Industrial Average must move in sync with the Transports for a genuine bull market to occur [2]

Market Expansion - Uber is expanding into the self-driving vehicle market with a new robotaxi service in Dallas [1] - The self-driving vehicle market is rapidly growing [1] Technology & Partnerships - Uber is deploying a fleet of autonomous vehicles developed by startup Avride [1] - Avride also makes delivery robots [1]

Core Insights - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if ad-blockers are enabled, indicating a need to disable them for proper access [1]

Group 1 - The article does not provide any specific content related to a company or industry, as it appears to be a technical issue regarding browser settings and ad-blockers [1]