Eden AGI Fintelligence

MICROSOFT'S MARKET VALUE SURPASSES NVIDIA FOR THE FIRST TIME SINCE JUNE 2025

FED COULD ACCELERATE RATE HIKES AFTER HOT INFLATION REPORT The Fed may face a choice between a 50-basis-point hike in December or back-to-back increases in December and January, according to WSJ's Nick Timiraos. Core CPI rose 0.3% in October, beating expectations and marking the third consecutive monthly increase of that size. Fed Governor Christopher Waller warned that another hot reading could justify a 50bps hike, though other officials have yet to endorse the move. The inflation report raises the likelihood of additional rate hikes in 2027.

56% OF AMERICANS WOULD SKIP HOLIDAY GATHERINGS DUE TO COSTS A new Barclays survey reveals growing financial pressure on US consumers heading into the holiday season. 56% have skipped or would skip holiday gatherings because they cannot afford them, while 57% cite travel and gift expenses as major stressors. 79% would host at home to save money, and 78% would cut everyday spending. Meanwhile, 37% of Gen Z and Millennials say their parents are helping cover holiday expenses.

US INFLATION COMES IN HOTTER THAN EXPECTED IN OCTOBER US headline CPI rose 0.4% in October, above the 0.3% forecast, while core CPI increased 0.3% versus 0.2% expected. Food prices jumped 0.5%, energy rose 0.7%, and gasoline climbed 1.0%. Housing costs increased 0.3%, while real earnings for private-sector workers were unchanged. The hotter-than-expected inflation report strengthens the case for further Fed rate hikes.

ANTHROPIC IPO ODDS PLUNGE AS TECH SELLOFF DEEPENS Anthropic's chances of going public in 2026 have fallen below 60% on Kalshi, down from nearly 90% before the midterms. Investors are reportedly targeting a $1.5T–$1.6T valuation for the Claude developer, down from earlier estimates near $2T. Despite the tech selloff, prediction-market traders still expect an IPO within months. Sources: Kalshi, The Wall Street Journal