
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
Market Roundup
🏦 Economy
⭐ Editor’s Pick: Prediction market traders pushed odds of a government shutdown this weekend to around 75-80%. (FBN)
The European Union and India finalized a landmark free trade agreement. (DW)
Trump announced he is raising tariffs on some South Korean imports to 25% from 15%. (CNBC)
A crisis of confidence in the yen looms over Japan PM Takaichi’s election gamble. (RTS)
U.S. durable goods orders surged 5.3% in November, far exceeding the expected 3% rise. (NDQ)
📈 Hot Stock Picks
⭐ Editor’s Pick: BofA Securities named Teradyne and four other stocks as top undervalued high-growth picks in the semiconductor sector. (GM)
Morningstar analysts flag ASML Holding as one of three durable long-term buys. (MS)
Motley Fool predicts Prologis and others will rank among the largest REIT dividend payers in 2026. (MF)
Zacks Equity Research named Amphenol its Bull of the Day. (ZER)
🏢 Industry
⭐ Editor’s Pick: Americans could get a $1,000 boost this tax season. (FBN)
The Treasury canceled all contracts with Booz Allen Hamilton. (NYP)
Sen. Mike Lee (R-UT), chair of the Senate Judiciary antitrust panel, raised concerns over Netflix's proposed acquisition of WBD’s assets. (WSJ)
San Francisco's largest mall, the Westfield San Francisco Centre, abruptly closed permanently ahead of schedule. (SFC)
🛢️ Energy & Commodities
⭐ Editor’s Pick: PJM Interconnection, operator of the nation's largest electric grid, declared an emergency as a deep freeze follows the season's worst storm. (BBG)
Trump has ordered a review that could restart offshore oil and gas leasing in federal waters off California. (OP)
Houston is buzzing with preparations for a potential Venezuela oil rush, as U.S. firms eye the country's vast reserves. (RTS)
Yardeni Research is forecasting gold prices will reach $6,000/oz by the end of 2026 and $10,000/oz by the end of 2029. (INV)
🌕 Crypto
⭐ Editor’s Pick: Sen. Roger Marshall (R-KS) has dropped his credit card amendment from the markup of crypto market structure legislation, clearing a major hurdle that threatened to sink the bill. (YF)
BitMine, led by Fundstrat's Tom Lee, bought 40,302 ETH, its biggest single purchase of 2026. (CD)
Polymarket secured an exclusive agreement with the Major League Soccer. (TB)
A viral White House X post featuring Trump alongside a penguin propelled the Nietzschean Penguin memecoin to surge more than 17,000%. (CN)
TECH
Tech Roundup
🧠 AI
⭐ Editor’s Pick: The Department of Transportation plans to use Google Gemini AI to draft federal transportation regulations. (PP)
Chinese AI startup Moonshot released its Kimi K2.5 model that processes text, images, and videos simultaneously. (BBG)
Microsoft unveiled its second-generation AI chip, Maia 200, offering 30% better performance per dollar than current options. (TC)
OpenAI CEO Sam Altman said the company plans to "dramatically slow down" its hiring pace. (BI)
Israeli researchers developed an AI model that predicts diabetes up to 12 years in advance. (JNS)
Anthropic added interactive MCP Apps to its Claude chatbot, letting users work directly with tools like Slack, Figma, and Canva inside the interface. (VER)
🤖 Robots
⭐ Editor’s Pick: China's X-Humanoid "Embodied Tien Kung" robot achieved a first by establishing a connection to a low Earth orbit satellite. (IE)
Russian engineers developed a robot plumber that repairs pipes. (TVB)
Researchers developed a soft humanoid robot that can grow, shrink, fly and walk on water. (TEX)
Kawasaki fast-tracked its robotic horse Corleo, targeting a 2030 debut. (FOR)
💰Venture Capital
⭐ Editor’s Pick: Y Combinator quietly stopped investing in startups incorporated in Canada. (TL)
Cybersecurity startup Upwind Security raised $250 million in Series B funding led by Bessemer Venture Partners at a $1.5 billion valuation. (WSJ)
Uranium startup Standard Nuclear raised $140 million in Series A funding led by Decisive Point. (BBG)
Zocks, the AI assistant platform for financial advisers, raised $45 million in Series B funding co-led by Lightspeed Venture Partners. (CB)
FREEDOM
Freedom Roundup
🏛️ Policy & Culture
⭐ Editor’s Pick: Canada's Bill C-9, which critics say risks broader speech criminalization, was placed on hold. (CCF)
A Brussels court ruled that a mayor unlawfully attempted to shut down the National Conservatism conference in April 2024. (HT)
A watchdog group exposed Idaho colleges' alleged scheme to sidestep new DEI law. (FOX)
That's a wrap! You're officially caught up on all things tech, markets and freedom. Subscribe to CAPITAL below.
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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.




