Thomas (Tom) Lee (not drummer) FundstratDirect.com

The news cycle isn't slowing down, neither is @Fundstrat's Tom Lee. He is going back on @CNBCClosingBell (second time today) at 3:05 p.m. ET to explain why stocks are ripping after the elections. TUNE IN 🦅 @TheJudgeCNBC

A $260 BILLION ASSET MANAGER IS USING ETHEREUM AS AN OFFICIAL LEGAL REGISTER “We've now sort of promoted Ethereum to be an official source of records for ownership of regulated funds in the UK.” Ian Wallis of Baillie Gifford, founded in 1908, explains the milestone achieved alongside BNY Mellon and UK regulators. 🔹 No separate vehicle 🔹 No off-chain ownership register 🔹 The token itself represents legal ownership With those on-chain records extending into Hong Kong and Singapore, public Ethereum is becoming core infrastructure for regulated global capital markets.

엔비디아 내 여론이 심상치 않은가봐요 젠슨황 복귀시키지 않으면 주요임원들 전원이 엔비디아를 퇴사해 일론마스크가 이끄는 회사로 가겠다고?

INSIGHT: Ethereum research group Ethlabs proposes pulling quantum resistance forward to 2027, a year ahead of the current target, by removing faster block times from the Hegotá upgrade and prioritizing post-quantum cryptography amid rising AI-driven security risks.

.@fundstrat's Tom Lee heads back to @CNBCClosingBell today at 3PM ET. He’ll be on with @jonfortt, @BrynTalkington, @DivesTech, and Lo Toney to break down the latest @nvidia developments👀

Regarding $NVDA The departure of the founder and CEO is a massive test for any company. Here are the reasons we expect $NVDA to continue to dominate: 💪 huge technological lead in chip design and supply chain control plus CUDA, that all survive a leadership change 💪 Engineering talent is deep. If Jensen was the chief designer of the chips and architecture, the company’s risk would be much greater 💪 an ownership culture at NVDA: 80% of employees are stock millionaires and 50% own stock worth more than $25 million These employees are not “punching the clock” and highly motivated to maintain the company’s leadership position 💪 The stock has an attractive PE multiple and the substantial free cash generation means the company can support the stock via buybacks There will be pain near term since many investors view this as an adverse development. It is. But at 10x forward PE, this is also the best risk/reward in AI at the moment

Regarding $NVDA The departure of the founder and CEO is a massive test for any company. Here are the reasons we expect $NVDA to continue to dominate: 💪 huge technological lead in chip design and supply chain control plus CUDA, that all survive a leadership change 💪 Engineering talent is deep. If Jensen was the chief designer of the chips and architecture, the company’s risk would be much greater 💪 an ownership culture at NVDA: 80% of employees are stock millionaires and 50% own stock worth more than $25 million These employees are not “punching the clock” and highly motivated to maintain the company’s leadership position 💪 The stock has an attractive PE multiple and the substantial free cash generation means the company can support the stock via buybacks There will be pain near term since many investors view this as an adverse development. It is. But at 10x forward PE, this is also the best risk/reward in AI at the moment

Regarding $NVDA The departure of the founder and CEO is a massive test for any company. Here are the reasons we expect $NVDA to continue to dominate: a huge technological lead in chip design and supply chain control plus CUDA, that all survive a leadership change Engineering talent is deep. If Jensen was the chief designer of the chips and architecture, the company’s risk would be much greater an ownership culture at NVDA: 80% of employees are stock millionaires and 50% own stock worth more than $25 million These employees are not “punching the clock” and highly motivated to maintain the company’s leadership position The stock has an attractive PE multiple and the substantial free cash generation means the company can support the stock via buybacks There will be pain near term since many investors view this as an adverse development. It is. But at 10x forward PE, this is also the best risk/reward in AI at the moment

Transportation services remains the big culprit here (energy driven, but a part of core inflation), and then the drop in energy prices was backloaded in October. Not much to see here to be honest. Still energy driven imho, and we know that the tide has turned markedly into November. Better times ahead on inflation now.