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MARKETS
💰 Michael and Susan Dell to Fund “Trump Accounts” by Giving $250 Apiece to 25 Million U.S. Children

(Credit: DWS News/Screenshot)
The Scoop: Michael and Susan Dell are pledging $6.25 billion to fund 25 million additional “Trump Accounts” for children nationwide, a massive private boost to the federal savings program, CNBC reports. The donation extends $250 starter deposits to kids who missed eligibility for the federal $1,000 newborn accounts.
The Details:
The Dells' contribution will prioritize children in ZIP codes with median incomes under $150,000.
The pledge targets most U.S. children age 10 and under who were born before the Jan. 1, 2025 federal cutoff.
Federally funded Trump Accounts — $1,000 for children born 2025–2028 — will open July 4, 2026.
Accounts can later be moved from the Treasury's designated firm to any brokerage and accept up to $5,000 in annual contributions until age 18.
Funds must remain invested until adulthood and can only be placed in low-cost index funds or ETFs tied to the S&P 500 or another U.S. stock index.
After age 18, accounts can convert to a traditional IRA for continued tax-advantaged growth.
With maximum contributions and ~6% annual growth, a child could accumulate about $191,000 by age 18.
What’s Next: The Dells’ move sets a high bar for philanthropic involvement in the Trump Accounts program, and officials expect other billionaires to follow.
Market Roundup
🏦 Economy
⭐ Editor’s Pick: U.S. online sales hit a record $44.2 billion over the five-day holiday stretch through Cyber Monday, according to Adobe Analytics. (BBG)
Trump floated eliminating U.S. income taxes, potentially replacing them with tariffs on imports to fund the government. (FBN)
Trump strongly signaled top economic adviser Kevin Hassett is a prime contender for Fed chair to succeed Jerome Powell. (FXST)
Elon Musk said productivity gains from robotics and AI are the only way to solve the U.S.’s $38 trillion national debt. (NYP)
📈 Hot Stock Picks
⭐ Editor’s Pick: Morningstar spotlighted three Warren Buffett stalwarts—Coca-Cola, American Express and Occidental Petroleum—as eternal holds. (MS)
Ares Management, up 30% this year and leading the S&P 500, teeters on the brink of index inclusion—a potential entry point for investors wagering on the private-credit boom, according to Barron’s. (BAR)
Vertiv Holdings, a leader in data center infrastructure, earned Zacks' Bull of the Day nod, powered by explosive AI-driven demand that propelled Q3 sales up 19%. (ZCK)
Enterprise Products Partners stands out as a top high-yield dividend stock to buy without hesitation, offering a 6.7% yield, according to Motley Fool. (MF)
🏢 Industry
⭐ Editor’s Pick: San Francisco sued Kellogg and General Mills, alleging deceptive marketing of ultraprocessed products as healthy, in a novel consumer-protection case. (WSJ)
Paramount-Skydance is plotting a shareholder revolt against Warner Bros. Discovery's board should it favor Netflix's bid in the ongoing auction, betting on antitrust roadblocks to derail the merger. (CG)
Jaguar Land Rover fired Chief Creative Officer Gerry McGovern days after his woke rebrand, which sparked a backlash and cratered sales to just 49 units in April. (GBN)
Former NFL receiver Odell Beckham Jr. dismissed a five-year, $100 million contract as "not that much money," noting taxes slash it to about $60 million—or $12 million annually—barely enough to cover elite living costs. (YS)
American Economic Association banned ex-Treasury Secretary Larry Summers for life over his ties to Jeffrey Epstein. (NYP)
🛢️ Energy & Commodities
⭐ Editor’s Pick: U.S. will launch supply-chain pacts with eight allies—including Japan, South Korea and Australia—to secure critical minerals and chips for AI. (BBG)
EU secured a legally binding pact to ban Russian gas imports—LNG by end-2026, pipeline by autumn 2027. (OP)
Energy Department committed up to $800 million for small modular reactor development, awarding $400 million apiece to TVA for a GE Hitachi design in Tennessee and Holtec for two units at Michigan's Palisades site. (RTS)
Copper prices surge to a fresh record above $11,350 per ton, fueled by the sharpest surge in industrial metal orders since 2013. (INV)
🌕 Crypto
⭐ Editor’s Pick: Bank of America endorsed up to 4% crypto allocations for eligible clients, lifting adviser restrictions on recommendations and introducing spot Bitcoin ETF coverage. (YF)
CNN tapped prediction-market platform Kalshi as its official partner, embedding real-time event-probability data into programming. (TB)
UK Parliament formally enshrined digital assets as a distinct property class under English law, delivering long-sought legal certainty for crypto ownership. (CN)
Binance appointed co-founder Yi He as co-CEO alongside Richard Teng. (CT)
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TECH
💻 Samsung Debuts Innovative Trifold Phone

(Credit: SuperSaf/Screenshot)
The Scoop: Samsung has officially unveiled the Galaxy Z TriFold, marking the company’s first tri-folding phone-tablet hybrid and setting up one of the most ambitious mobile launches of the year, Tom’s Guide reports.
The Details:
Launches December 12 in South Korea, followed by China, Taiwan, Singapore and UAE; U.S. release in Q1 2026.
10-inch Dynamic AMOLED 2X main screen (120Hz) that unfolds from a 6.5-inch outer screen.
Ultra-thin at 3.9mm at thinnest point when open, slimmer than Galaxy S25 Edge and iPhone Air.
Snapdragon 8 Elite for Galaxy processor with 16GB RAM and up to 1TB storage.
200MP main + 12MP ultrawide + 10MP telephoto (3x zoom) rear cameras; dual 10MP selfie cameras on both displays.
Inward tri-fold design with two differently sized hinges, Advanced Armor Aluminum and ceramic glass construction.
What’s Next: Pricing remains the biggest unknown, with expectations it will exceed the $1,999 Galaxy Z Fold 7.
Tech Roundup
🧠 AI
⭐ Editor’s Pick: Anthropic is preparing for a massive IPO as soon as next year, potentially rivaling the biggest ever. (FT)
OpenAI is fast-tracking development of "Garlic" LLM, which internal benchmarks show outpacing Google's Gemini 3 and Anthropic's Claude Opus 4.5 in coding and reasoning. (TI)
Silicon Valley startups are building "shadow" replicas of Amazon and Gmail to train AI agents in web navigation, from booking flights to scheduling meetings. (NYT)
Svedka Vodka will make its Super Bowl debut with a groundbreaking ad almost entirely generated by AI. (WSJ)
Mistral AI rolled out the Mistral 3 family of open-source models—topped by the 41-billion-parameter Large 3—designed to run efficiently on laptops, drones and edge devices. (VB)
Amazon Web Services launched the Trainium3 AI chip, boasting 4x faster training speeds and energy efficiency. (TC)
🤖 Hardware & Robots
⭐ Editor’s Pick: Neuralink's brain implant empowers paralyzed patient Noland Arbaugh to feed himself via thought-controlled utensils. (GP)
A viral video social media clip sparked intense speculation about an alleged Chinese "spy robot" near India’s border. (IE)
Hyundai is readying its MobED Basic robot— a versatile four-wheeled mobility platform for deliveries and filmmaking—for mass-market sales next year. (BBG)
Cristiano Ronaldo outsmarted a former NASA engineer's robot goalkeeper in a penalty shootout, threading a precise shot through a mechanical blind spot to claim victory. (GEX)
💰Venture Capital & Deals
⭐ Editor’s Pick: Prediction-market upstart Kalshi vaulted to an $11 billion valuation with a $1 billion Series E led by Paradigm, with participation from Andreessen Horowitz and Sequoia. (KAL)
Stripe acquired Metronome, a SaaS billing specialist offering usage-based APIs that has raised $128 million in funding. (MET)
Software-testing startup Antithesis raised $105 million in funding led by trading giant Jane Street. (FT)
B2B cross-border payments fintech Sokin secured $50 million Series B led by Prysm Capital at a $300 million valuation. (TEU)
Invest Like the Best host Patrick O’Shaughnessy interviewed Andreessen Horowitz’s Head of Growth Fund, David George, on how he wins competitive deals, evaluates companies, and invests across the AI stack. (X)
FREEDOM
📢 Macron Under Fire For “Ministry Of Truth” Push

(Credit: Sky News/Screenshot)
The Scoop: French President Emmanuel Macron is facing a swelling backlash over his escalating push to police online “false information,” with critics accusing him of drifting toward a modern “Ministry of Truth,” according to Barron’s.
The Details:
Macron seeks urgent new powers to block online "false information," raising alarms about potential government overreach.
He also floated a "professional certification" system to distinguish "reliable" outlets from others, a move opponents say could let the state indirectly define acceptable journalism.
Journal du Dimanche ran a front-page warning about a "totalitarian drift."
CNews and Europe 1 hosts said Macron is frustrated with unfriendly coverage and is edging toward shaping a single official narrative.
National Rally leader Jordan Bardella called the push an "authoritarian temptation" aimed at preserving power by managing information flows.
Republicans leader Bruno Retailleau said no government has the right to "filter the media or dictate the truth."
What’s Next: Expect Macron to keep pushing for expanded tools to combat online falsehoods, even as the political temperature rises ahead of France’s next election and critics warn that these moves risk chilling media independence.
Freedom Roundup
🏛️ Policy & Culture
⭐ Editor’s Pick: Republican Matt Van Epps won the special election in Tennessee’s 7th Congressional District. (DAL)
Trump administration will withhold SNAP administrative funding from Democrat-led states unless they provide recipient data, including names and immigration status, to combat alleged fraud. (FOX)
AT&T said it will eliminate DEI programs following FCC Chairman Brendan Carr's push. (X)
Trump's SEC chair Paul Atkins blasted Biden's 'weaponized' regulations for burdening IPOs and eroding U.S. competitiveness, vowing to streamline rules. (NYP)
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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.



