
Welcome back!
Here’s your must-read news this morning:
I’ve got all the details for you, so let’s dive in.
— Josh
MARKETS
💰 Campbell Rocked by Lawsuit Claiming Executive Trashed Customers, Products in Secret Audio

(Credit: Security/Pixabay)
The Scoop: A Campbell Soup Company executive is under internal investigation after a lawsuit alleged he was secretly recorded mocking the company’s products, belittling customers, Fox Business reports.
The Details:
The lawsuit was filed in Michigan’s Wayne County Circuit Court by Robert Garza, a former Campbell cybersecurity analyst.
Garza alleges he recorded VP and Chief Information Security Officer Martin Bally during a November 2024 meeting at Campbell’s Camden, New Jersey headquarters.
In the audio, a voice alleged to be Bally’s can be heard insulting Campbell’s customers and products, saying the company sells “s--- for f---ing poor people.”
The voice also mocks ingredients as “bioengineered meat” and claims, “I don’t wanna eat a piece of chicken that came from a 3-D printer.”
Bally reportedly made derogatory comments about Indian coworkers, saying they “don’t know a f---ing thing” and “couldn’t think for their f---ing selves.”
What’s Next: Expect growing pressure on Campbell Soup to publicly address the allegations, discipline the executive if the recording is authenticated, and reassure employees after claims of a hostile work environment.
Market Roundup
🏦 Economy
⭐ Editor’s Pick: Bessent outlined Trump’s plan to “derisk” U.S.-China trade in critical sectors like rare earths and semiconductors, pushing targeted reshoring to bolster American industry and workers. (BN)
U.S. gas prices dipped to $3.07 per gallon nationally, the lowest in four years ahead of Thanksgiving. (ABC)
The National Retail Federation projects U.S. holiday spending to surpass $1 trillion for the first time this season. (FBN)
Federal Reserve Chair Jerome Powell's allies, including New York Fed President John Williams, are paving the way for a December interest-rate cut. (INV)
📈 Hot Stock Picks
⭐ Editor’s Pick: Wall Street analysts favor Pinterest, Spotify, and Snowflake for their robust revenue trajectories, according to MarketBeat. (MB)
Morningstar spotlighted 12 undervalued healthcare stocks to buy, including Baxter International trading at a 58% discount to its $42 fair value amid a medical-supplies rebound. (MS)
Zacks Investment Research highlighted three advertising and marketing stocks—The Trade Desk, Magnite, and DoubleVerify—as resilient buys amid sector headwinds. (ZCK)
MPLX LP offers an 8% dividend yield and 1.4 times cash flow coverage, positioning it for steady growth, according to Motley Fool. (MF)
🏢 Industry
⭐ Editor’s Pick:
Tyson Foods announced the closure of its Lexington, Nebraska, beef plant, idling 3,200 workers by mid-January. (FBN)
Atlanta unveiled its first publicly funded grocery store in the city's downtown core, backed by $8 million in municipal financing. (WSJ)
Organized crime rings are increasingly enlisting hackers to breach logistics firms through online freight platforms, deploying malware to hijack trucks. (WSJ)
🛢️ Energy & Commodities
⭐ Editor’s Pick: China launched a rare earth minerals alliance with Russia, North Korea, and other allies to counter U.S. efforts to diversify supply chains. (CHO)
Three vessels are en route to U.S. Gulf Coast terminals to load soybeans and sorghum for China, marking the first such shipments since May and March, respectively. (RTS)
X-energy, a developer of advanced nuclear reactors backed by Amazon, raised $700 million to bolster its supply chain, fuel production, and commercial projects in the U.S. (BBG)
Saudi Arabia plans to open alcohol stores in Dhahran for non-Muslim Aramco expatriates and in Jeddah for diplomats by 2026. (RTS)
🌕 Crypto
⭐ Editor’s Pick: A federal lawsuit accused Binance of knowingly enabling Hamas to launder hundreds of millions via crypto, fueling the October 7 terror attack on Israel. (TB)
BlackRock's iShares Bitcoin Trust suffered a record $2.2 billion in November outflows, as Bitcoin plunged over 20% to $87,907, hurtling toward its worst monthly drop since June 2022. (CNBC)
Grayscale Investments' Dogecoin Trust ETF commenced trading on NYSE Arca as the first pure spot Dogecoin exchange-traded product in the U.S. (GNW)
Former Coinbase policy lawyer Khurram Dara launched a GOP bid to unseat New York AG Letitia James, decrying her crypto lawsuits as "lawfare." (CT)
SPONSOR
Don’t get SaaD. Get Rippling.
Remember when software made business simpler?
Today, the average company runs 100+ apps—each with its own logins, data, and headaches. HR can’t find employee info. IT fights security blind spots. Finance reconciles numbers instead of planning growth.
Our State of Software Sprawl report reveals the true cost of “Software as a Disservice” (SaaD)—and how much time, money, and sanity it’s draining from your teams.
The future of work is unified. Don’t get SaaD. Get Rippling.
TECH
💻 Trump Launches "Genesis Mission" to Supercharge AI Innovation

(Credit: White House/Joyce N. Boghosian)
The Scoop: President Donald Trump on Monday signed a new executive order launching the “Genesis Mission,” a federal push to accelerate the use of advanced AI across American science and engineering.
The Details:
The mission shifts America’s AI focus from business and consumer services toward scientific discovery and engineering breakthroughs.
Energy Secretary Chris Wright said the effort will tap the massive datasets inside national labs to fuel new AI-driven research.
The order requires DOE labs to build an integrated platform linking scientists, engineers, technical staff, and lab instruments with cutting-edge AI tools.
Trump previewed the initiative last week, saying the U.S. intends to build “the largest, most powerful, most innovative AI ecosystem in the world.”
The mission builds on Trump’s July policy document, Winning the Race: America’s AI Action Plan, which outlined a strategy for innovation, diplomacy, security, and private-sector–powered AI infrastructure.
What’s Next: Expect more executive action as the administration tries to bolster U.S. AI governance, widen federal–private sector cooperation, and move scientific AI projects from early-stage planning into large-scale deployment across national labs.
Tech Roundup
🧠 AI
⭐ Editor’s Pick: Anthropic released Claude Opus 4.5, its most advanced AI model yet for coding and agentic tasks, boasting superior benchmarks in deep research and spreadsheets. (ANT)
Meta is negotiating multibillion-dollar deals with Alphabet to procure Google's tensor processing units for data centers, escalating competition against Nvidia's AI-hardware dominance. (TI)
OpenAI's new ChatGPT shopping research tool offers fast, interactive and free product discovery via trusted online sources to craft personalized buyer's guides. (ZDNT)
Amazon plans to invest up to $50 billion to develop AI and supercomputing infrastructure tailored for U.S. government agencies. (YF)
🤖 Hardware & Robotics
⭐ Editor’s Pick: Disney unveiled an AI-powered Olaf robot at Disneyland Paris to offer interactive Frozen-themed dialogues with guests. (MASH)
Startup DailyRobotics will deploy its Q2 robotic strawberry harvester in California next April, featuring dual robotic arms for picking and on-board grading at up to 120 pounds per hour. (HD)
RAI Institute's humanoid robots showcase human-like baseball prowess by swinging, hitting, and catching 70 mph pitches. (IE)
Kenny’s Wok, a fast-casual restaurant in Philadelphia’s Logan Square, will debut robot-cooked Chinese classics like General Tso chicken and stir-fries. (WN)
🚀 Defense & Space
⭐ Editor’s Pick: Scientists pinpointed caves on Mars carved by ancient mildly acidic waters that could harbor preserved biosignatures of past life. (SP)
The U.S. tested an MQ-9 Reaper drone's operations at Japan's Kadena Air Base, a front-line American air power hub near China and Taiwan. (NW)
Hypersonix is developing the world’s first hydrogen-powered scramjet engine capable of Mach 12, twelve times the speed of sound. (IE)
The U.S. Air Force issued a request for information seeking AI-powered tools to accelerate wargaming simulations up to 10,000 times real-time speed. (DS)
💰Venture Capital
⭐ Editor’s Pick: Accounting software startup Pennylane is pursuing a $200 million funding round led by TCV at a roughly $4.3 billion valuation. (BBG)
Data infrastructure startup DualBird secured $25 million in combined seed and Series A funding led by Lightspeed Venture Partners. (FINS)
Identity-security startup Opti raised $20 million in seed funding led by YL Ventures and Hetz Ventures to bolster enterprise platforms. (AX)
Buildroid AI raised $2 million in pre-seed funding led by Tim Draper to develop block-laying robots, promising up to 10x productivity gains. (SMAG)
FREEDOM
📢 "Absolutely Breathtaking": Report Reveals Germany's Censorship Industrial Complex

(Credit: Racket News)
The Scoop: New research from liber-net shows Germany has built one of the world’s most expansive speech-policing networks, a web of hundreds of government-funded groups empowered to flag, report, and help punish online expression, Racket.news reports.
The Details:
Germany now has roughly 330 organizations working with federal and state authorities to monitor and suppress speech, supported by 425 government-funded grants.
Funding for these initiatives peaked in 2023 at €33 million ($38 million), with federal support remaining strong even as state and EU contributions dip.
The ecosystem relies on “trusted flaggers,” government-approved groups whose takedown requests platforms must prioritize under the EU’s Digital Services Act.
One such group, REspect!, is funded through Demokratie leben! and has forwarded citizens’ online remarks to police — including a case where someone called a politician a “Dummschwätzer.”
Political scientist Ulrike Guerot, who was fired after publishing a book critical of Western strategy in Ukraine, said the report revealed a far more intricate system than she expected: “I must admit it was absolutely breathtaking.”
What’s Next: Expect pro–free speech politicians and activists in the U.S. to cite Germany’s model as a cautionary tale and to press their own government to block any move toward similar “trusted flagger” systems or state-funded content policing.
Freedom Roundup
🏛️ Policy & Culture
That's a wrap! You're officially caught up on all things tech, markets and freedom. Subscribe to CAPITAL below.
Feel free to reply to this email with any questions and/or comments.
DISCLAIMER: The CAPITAL newsletter is for informational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research and consult a qualified financial advisor before making investment decisions. The CAPITAL newsletter and its owner and operator, Josh Caplan, are not liable for any loss or damage resulting from reliance on this information. The CAPITAL newsletter is solely owned and independently operated by Josh Caplan, separate from any employer affiliations.



