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

(Credit: The White House/Daniel Torok)

Market Roundup

🏦 Economy

  • Editor’s Pick: U.S. military intervention in Iran may begin within 24 hours. (JPOST)

  • Trump imposed a 25% tariff on certain advanced AI chips like Nvidia's H200 when imported. (RTS)

  • U.S. existing-home sales surged 5.1% in December, the biggest monthly gain in nearly two years. (WSJ)

  • U.S. retail sales rose more than expected in November, exceeding the most optimistic estimates. (BN)

  • Minneapolis Fed President Neel Kashkari forecasted easing inflation and economic resilience in 2026. (FID)

📈 Hot Stock Picks

  • Editor’s Pick: Morningstar recommended five undervalued stocks, including Huntington Ingalls, for January 2026 buys. (MS)

  • Broadcom earned "top pick" status for 2026 from Wall Street’s largest banks. (MB)

  • Bank of America highlighted top buys for metal and mining stocks, including Agnico Eagle Mines, for 2026. (BI)

  • Motley Fool recommended Realty Income and Dollar General as top dividend stocks to buy in 2026. (MF)

🏢 Industry

  • Editor’s Pick: Verizon fixed the massive outage that left many without phone services. (CNN)

  • TSMC reported a 35% jump in Q4 profit, setting a new record. (CNBC)

  • Meta laid off about 1,500 employees of its Reality Labs division. (WSJ)

  • Bill Ackman defended his donation to an ICE officer who fatally shot a Minnesota woman. (FBN)

🛢️ Energy & Commodities

  • Editor’s Pick: The Trump administration completed its first $500 million sale of Venezuelan oil. (SEM)

  • Chevron is expected to receive an expanded Venezuela license from U.S. this week. (INV)

  • The top six American energy trends to watch In 2026. (FOR)

  • Uranium prices are poised to hit 20-year highs this year. (RTS)

🌕 Crypto

  • Editor’s Pick: Senate Banking Committee postpones markup of crypto market-structure bill. (TB)

  • Sui blockchain resumed operations after a six-hour network blackout. (DEC)

  • The Crypto Fear & Greed Index flipped to greed for the first time since October. (CT)

  • Pakistan signed MOU with World Liberty Financial to explore a USD1 stablecoin. (RTS)

TECH

(Credit: a16z/YouTube)

Tech Roundup

🧠 AI

  • ⭐ Editor’s Pick: X updated Grok to no longer generate or edit images of real people in bikinis. (ENG)

  • OpenAI struck a multibillion-dollar deal to buy up to 750 megawatts of computing power from Cerebras Systems. (WSJ)

  • OpenAI rolled out real-time voice translation in ChatGPT for over 50 languages. (AA)

  • Google launched Personal Intelligence for Gemini, letting the AI tap users' Gmail, Photos, Search, and YouTube data for personalized responses. (ZD)

  • Microsoft’s spending on Anthropic has reached a $500 million annual pace. (TI)

  • Alibaba integrated Qwen AI with Taobao, Alipay, Fliggy, and Amap to create a one-stop AI app for its 100 million users. (BBG)

🤖 Robots

  • ⭐ Editor’s Pick: Barclays projects the humanoid robotics market will reach $200 billion by 2035. (BW)

  • An AI-powered robot restaurant opened in Hangzhou, China, autonomously preparing noodles, and stir-fries. (XIN)

  • Researchers developed a lip-syncing robot that mimics human speech movements with uncanny precision. (CNET)

🚀 Defense & Space

  • ⭐ Editor’s Pick: A report details emerging U.S. warfare tech such as AI battlefield helmets and energy-beam lasers. (NYP)

  • NASA aims to build a nuclear reactor on the Moon by 2030. (FBN)

  • SpaceX Crew-11 astronauts safely returned to Earth after the first-ever medical evacuation. (SP)

  • ATN’s sixth-generation thermal optics rolled out its most advanced line yet, featuring AI-enhanced imaging and high-resolution sensors. (NGD)

💰Venture Capital

  • ⭐ Editor’s Pick: Robotics startup Skild AI raised $1.4 billion in new funding, led by SoftBank Group, pushing its valuation above $14 billion. (BW)

  • Paradigm led a $7.1 million seed round for Noise, a startup that lets users bet on the relevance of social media trends. (TB)

  • Quantum security tools startup Project Eleven raised $20 million in Series A funding led by Castle Island at a $120 million post-money valuation. (CD)

  • AI cybersecurity startup Novee emerged from stealth with $51.5 million in funding led by YL Ventures. (AX)

FREEDOM

(Credit: VladoZg/Pixabay)

Freedom Roundup

🏛️ Policy & Culture

  • Editor’s Pick: Trump signed a bill to allow whole milk in school lunches. (CNN)

  • Australia’s proposed hate-speech laws could criminalized everyday social media posts. (SMH)

  • Evolutionary psychologist Gad Saad warned that wokeism acts as an emotional parasite driving America toward destruction. (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.

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