📈 Stocks / Finance

Wall Street enters December near record highs

Yahoo Finance

US stocks hovered just below records as the S&P 500 sat within 1 percent of its high and the Nasdaq within 3 percent. November saw tech volatility, with META down 13 percent and NVDA down 8 percent, while GOOG gained 20 percent on strong earnings and AI wins. Fed cut odds sit near 87 percent for December.

Palantir valuation limits 3 year upside

Yahoo Finance

Palantir's commercial revenue rose 73% y/y and government revenue gained 55%, but the stock trades at 106x sales and 224x forward earnings. Even with a 60% CAGR and 40% margin, projected profits imply a lower valuation than its current $390B market cap.

Buffett warns trading costs erode investor returns

Investopedia

Buffett argues frequent trading drags performance through fees, spreads, and taxes. His S&P 500 bet showed a low cost index fund compounding 7.1 percent a year versus 2.2 percent for hedge funds, highlighting how costs overpower skill.

🪙 Crypto

Housing strain pushes young Americans toward crypto

The Street

Economists say unaffordable housing is driving young Americans to higher risk assets like crypto. A study shows those unable to buy homes work less, take more leisure, and invest in crypto more often, while prospective homeowners take fewer risks.

🌎 Global Economy

UK budget builds fiscal buffer, Japan increases bond issuance; US consumers pull back ahead of prolonged shutdown

NDTV

The UK widened its welfare and fiscal crack-resilience measures. Japan plans higher bond issuance than last year to fund stimulus amid rising yields. In the US consumers began cutting discretionary spending ahead of the longest-ever government shutdown.

Shoppers are adding to cart for the holidays

Over the next year, Roku predicts that 100% of the streaming audience will see ads. For growth marketers in 2026, CTV will remain an important “safe space” as AI creates widespread disruption in the search and social channels. Plus, easier access to self-serve CTV ad buying tools and targeting options will lead to a surge in locally-targeted streaming campaigns.

Read our guide to find out why growth marketers should make sure CTV is part of their 2026 media mix.

Learn more.