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MARKETS

💰 Saudi Crown Prince Boosts Committed U.S. Investment to Nearly $1 Trillion

(Credit: White House/Screenshot)

The Scoop: Saudi Crown Prince Mohammed bin Salman pledged to increase Saudi investment in the U.S. to nearly $1 trillion over the next year during his Oval Office meeting with President Donald Trump on Tuesday, Fox News reports.

The Details:

  • Trump initially said the investment would be at least $600 billion, but MBS publicly raised it to almost $1 trillion.

  • The money will flow across U.S. industries, including manufacturing, major companies, and financial markets.

  • Trump called the commitment a major source of new American jobs.

  • The White House hosted MBS with full ceremony, signaling a reset in U.S.-Saudi ties after years of strained relations under the Biden administration.

What’s Next: The pledge positions Saudi Arabia to become one of the largest foreign investors in the U.S., strengthening political and economic cooperation as both countries prepare for a busy 2026.

Market Roundup

🏦 Economy

  • Editor’s Pick:

  • The cost of a classic Thanksgiving dinner for 10 declined 5% to $55.18, the lowest since 2021. (INV)

  • Trump disclosed he has likely selected his next Federal Reserve chair to succeed Jerome Powell whose term expires in May 2026. (RTS)

  • U.S. Treasury data shows robust foreign investment inflows of $187.1 billion in August and $190.1 billion in September. (INV)

  • U.S. factory orders rebounded 1.4% to $612 billion in August 2025, topping expectations with durable goods up 2.9% and year-to-date gains of 3.3% (YF)

📈 Hot Stock Picks

  • Editor’s Pick: Cathie Wood forecasted software as AI's next frontier, spotlighting PTC as a must-buy for 2026 due to its AI-infused CAD and PLM tools driving manufacturing efficiencies. (MF)

  • Morningstar highlighted 12 undervalued consumer cyclical stocks to buy, led by Under Armour at 68% below fair value. (MS)

  • MarketBeat flagged Meta, Home Depot, and T-Mobile as beaten-down buys, offering 36%, 19%, and 23% upside, respectively. (MB)

🏢 Industry

  • Editor’s Pick: A federal judge ruled Meta's acquisitions of Instagram and WhatsApp do not violate antitrust laws. (BBG)

  • Rare-earth magnet startup Vulcan Elements plans $1 billion North Carolina plant to bolster U.S. supply for electronics and defense. (RTS)

  • Billionaire investor Bill Ackman outlined a privatization plan for Fannie Mae and Freddie Mac, urging the Trump administration exercise government warrants for a 79.9% stake worth over $300 billion to taxpayers. (FBN)

  • Maurizio Cattelan's 18-karat gold toilet "America" sold for $12.1 million at Sotheby's, a decade after its provocative White House installation. (ARTN)

🛢️ Energy & Commodities

  • Editor’s Pick: An Arctic discovery at Alaska's Graphite Creek unveiled vast rare-earth deposits, which could erode China's 90% market stranglehold and fortify American self-reliance in critical minerals. (FOX)

  • Trump administration extended a $1 billion DOE loan to Constellation Energy to restart Pennsylvania's Three Mile Island nuclear plant in 2027. (CNBC)

  • U.S. and Saudi Arabia finalized a civil nuclear cooperation pact, paving way for American firms to build plants in the kingdom under rigorous nonproliferation safeguards. (OP)

  • U.S. crude inventories climbed 4.4 million barrels last week, while output hit a fresh record of 13.862 million barrels per day. (CM)

🌕 Crypto

  • Editor’s Pick: Five crypto experts dismiss fears of an impending winter, citing institutional inflows, regulatory progress, and robust fundamentals, positioning the market for a robust 2026 rebound. (CN)

  • Senators Warren and Reed demanded probes into Trump-linked World Liberty Financial over alleged $WLFI token sales to entities tied to North Korea, Russia, and Iran—allegations WLFI denies. (CNBC)

  • BlackRock's flagship Bitcoin ETF suffered a record $523 million outflow, capping five straight days of $1.43 billion in net redemptions amid Bitcoin's slide below $90,000. (TB)

  • Senate Banking Chair Tim Scott (R) targets committee votes next month on a bipartisan crypto market-structure bill to clarify SEC-CFTC roles. (FBN)

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TECH

💻 Cloudflare’s Worst Outage Since 2019 Traced to Bot-Management Glitch

(Credit: Markus Spiske/Pexels)

The Scoop: Cloudflare suffered a major global outage on Tuesday after an internal database change created a faulty configuration file that spread across its network and caused core traffic to fail. The company says it was not an attack.

The Details:

  • A permissions change in a ClickHouse database produced duplicate data that inflated a key Bot Management feature file.

  • The oversized file propagated across Cloudflare’s global machines and triggered failures in the software that routes traffic.

  • Engineers initially suspected a large DDoS attack because the system kept failing and recovering as good and bad files alternated.

  • Core proxy failures produced widespread 5xx errors and also disrupted Workers KV, Access, Turnstile and dashboard logins.

  • Cloudflare stopped the faulty file from generating, pushed a known good version, and restored traffic at 14:30.

  • Full recovery across all systems was completed by 17:06.

What’s Next: Cloudflare is hardening its configuration pipelines, adding more global kill switches and reviewing limits across its proxy modules. The company called it its worst outage since 2019 and says preventing a repeat is now a top priority.

Tech Roundup

🧠 AI

  • ⭐ Editor’s Pick: Google launched Gemini 3 Pro, its most intelligent AI model to date, boasting native multimodality for text, images, and audio alongside superior coding, reasoning, and agentic features. (VER)

  • Microsoft, Nvidia, and Anthropic unveiled strategic AI partnerships, with Anthropic scaling Claude models on Azure via a $30 billion compute pledge and joint Nvidia optimizations on Grace Blackwell chips. (MRST)

  • Fox News partnered with Palantir to deploy custom AI tools across its newsroom, aiming to streamline SEO, content analysis, and other workflows. (AX)

  • Microsoft launched Agent 365 framework, empowering businesses to deploy, monitor, and secure AI agents akin to human workers via dashboards and Microsoft 365 integration. (WIR)

  • Trump called for a single federal AI regulatory standard to replace a patchwork of state rules, warning that overregulation threatens to undermine the technology's growth. (X)

🤖 Hardware & Robotics

  • ⭐ Editor’s Pick: Scientists built an artificial neuron that mimics real brain signals with 70-100% accuracy, a major step toward smarter, lower-power robots. (TEX)

  • Boston Dynamics' Spot robot dogs are gaining traction among U.S. police departments for tackling armed standoffs, hostage rescues, and hazmat scenarios. (BBG)

  • Researchers unveiled an edible robot crafted from food-grade materials for tasks like drug delivery. (HEI)

  • Meta bolstered its robotics push by naming Li-Chen Miller as the first product manager for Reality Labs' robotics team. (DGT)

  • Researchers tested autonomous robots in Lanzarote's lava tubes, successfully mapping subsurface voids as radiation-shielded habitats for future Moon bases. (SCI)

🚀 Defense & Space

  • ⭐ Editor’s Pick: Former Air Force officer Summer Worden pled guilty to falsely accusing ex-wife, NASA astronaut Anna McClain, of hacking her bank account from the ISS, alleged as space's first crime. (NYP)

  • Foundation's Phantom MK1 humanoid robot, capable of tasks like aircraft maintenance or barrier breaching, is in talks with the U.S. Army to bolster troops in high-risk missions. (NW)

  • In a first, the U.S. Air Force tested a secure datalink allowing F-22 Raptor pilot to command MQ-20 Avenger drone at 50,000 feet. (IE)

  • U.S. Army tested Swarmbotics AI's FireAnt autonomous ground robots for swarm-based tank engagements under single-operator control, advancing low-cost, distributed lethality on the battlefield. (DB)

💰Venture Capital

  • ⭐ Editor’s Pick: xAI is in advanced talks to raise $15 billion in fresh equity at a $230 billion valuation, more than doubling its March mark after merging with X. (WSJ)

  • Kraken secured $800 million in funding at a $20 billion valuation, led by Jane Street and Citadel Securities. (FM)

  • Biotech startup AI Proteins raised $42 million in Series A funding to develop AI-designed miniproteins into drugs, deploying a hub-and-spoke delivery model. (EP)

  • Apono raised $34 million in Series B funding led by U.S. Venture Partners to enhance its Zero Standing Privilege platform for dynamic cloud access. (CTCH)

  • AI accounting startup Maxima raised $41 million in Series A funding led by Kleiner Perkins at a $143 million valuation. (RTS)

FREEDOM

📢 Leftist Dark Money Giant Arabella Advisors Shuts Down

(Credit: Capital Research)

The Scoop: Arabella Advisors — the nerve center of the left’s most powerful dark-money network — is effectively being dismantled in a major blow to the Democrat Party, the Daily Caller reports.

The Details:

  • Sunflower Services will absorb only some of Arabella’s functions with funding from New Venture Fund, Hopewell Fund, and Windward Fund.

  • The overhaul comes after a major blow from Bill Gates, who cut off grants to Arabella, prompting a full internal restructuring.

  • Arabella’s network has long underwritten high-impact liberal advocacy, voter-registration drives, and “astroturf” activist groups made to appear grassroots.

  • In 2020, Arabella raised over $1.6 billion in anonymous donations and sent nearly $1.2 billion to other organizations. Between Arabella's founding in 2005 and 2021, Arabella raised $6.5 billion.

What’s Next: Sunflower will try to keep the machine running, but the breakup of Arabella Advisors marks a rare and significant breakup inside the left’s top funding ecosystem, weakening a structure that for years operated with enormous influence and minimal visibility.

Freedom Roundup

🏛️ Policy & Culture

  • Editor’s Pick: An Italian court ruled Google must reinstate the banned Catholic blog Messainlatino.it on its Blogger platform, finding violations of free speech protections. (RTN)

  • UK media regulator Ofcom brazenly asserted sovereign immunity in U.S. court, rebuffing a First Amendment lawsuit by Rumble. (TEL)

  • The State Department will bar 38 universities, including Harvard and Yale, from its Diplomacy Lab research program over DEI hiring practices. (TG)

  • Founders like Jefferson and Madison championed a “natural aristocracy” of virtue to protect constitutional safeguards, property rights, and free enterprise, billionaire Joe Lonsdale wrote in an essay. (TBJ)

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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.

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