Happy Friday! A rare split from federal officials and economic data has thrown the Fed’s next rate-cut decision into chaos, and traders are quietly bracing for a December shock that could reshape the market. Want the edge before the headlines hit? Read on to see what smart money is preparing for right now.

Also, Ray Dalio says the market is dangerously close to a historic bubble, however, he isn’t selling… yet. Read on to see why the billionaire investor thinks the ride isn’t over just yet.

Plus, if you’re looking for a company that is using AI and machine learning to fight elder mistreatment and fraud, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• SPECIAL OFFER

• MARKET HISTORY

Powell Set For A 'Dovish Hold' In December, Economists Say After Jobs Data

With a strong jobs report combined with unemployment suddenly climbing as well, the Federal Reserve has some tough decisions to make. To raise the stakes even further, officials are openly divided on what to do next month as December’s meeting is shaping up to be a potential market shock.

Read on to see what the market is expecting, what the bond market is saying to keep your portfolio safe. Don’t get caught off guard in this volatile moment.

LogicMark Is Using AI And Machine Learning To Fight Elder Mistreatment

Stopping elder fraud and abuse is getting a new weapon thanks to LogicMark Inc. (LGMK) and an assist from AI and machine learning.

The company behind a suite of personal emergency response systems (PERS), health communication devices and technology for the growing care economy, is leveraging its patents in incentive misalignment and AI game theory to spot when the goals of the person or people monitoring the patient under monitoring conflict with their best interests, leading to potential abuse or fraud.

Elder fraud and abuse are big problems that need a solution. Roughly one in 10 Americans 60+ has been the victim of some form of elder abuse in their lifetime, and LogicMark wants to stop that. To learn more about how, click here. 

This is a paid ad. Please see 17b disclosure here for more information.

Yesterday: U.S. indexes reversed huge gains at the start of the day, to finish deep in the red on Thursday, marking a historic reversal, with it being just the fourth time in history that the S&P 500 opened up more than 1.5% only to fall more than 1.5%. Tech stocks led the way even after NVIDIA topped Wall Street estimates and guided higher too. Investors have concerns over a bubble and circular revenue deals, despite CEO Jensen Huang pushing back on that. September’s delayed nonfarm payrolls report showed a mixed labor picture: job gains beat expectations at 119,000 (vs. 51,000), but the unemployment rate inched up to 4.4%, its highest in nearly four years. With a strong labor market, expectations of a fed cut next month continue to fall, with Wall Street giving it just a 35% chance of happening.

On Our Radar: Analysts will be watching S&P manufacturing and services PMI, consumer sentiment, as well as a number of speeches from Fed members (Williams, Collins, Barr, Logan, Jefferson) throughout the day. With regards to earnings, all eyes will be on Zoom (ZM), Semtech (SMTC), and Agilent (A) which will release quarterly results after the market close on Monday.

Walmart (WMT) was one of the biggest standouts on the day, meanwhile, Robinhood (HOOD), Micron (MU), Sandisk (SNDK) and Bitcoin (BTC) were some of the biggest losers. But those weren’t the only big movers. Here’s a look at some of the biggest winners and losers on Thursday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Crypto Congressman: A newly elected congressman has quietly poured over $1 million into Bitcoin this year and has become the “The Crypto Congressman.“ What’s driving the lawmaker’s bold crypto move, and could it signal a bigger market trend? Read on to find out.

Smart Money Moves: Robinhood CEO Vlad Tenev says AI won’t kill money or jobs, but it’s quietly reshaping the opportunities investors can’t afford to miss. Click to see which unexpected assets could surge as AI takes over the market.

AI Dominance: Nvidia smashed analyst expectations fueled by the continued data center boom and record margins. See analysts’ raised price targets and why experts are calling it the unchallenged leader in AI, and a one-horse race.

Ringing the Register: Yesterday’s market wide selloff didn’t impact Walmart after the company crushed analyst expectations and raised its 2026 outlook. Read on for all the details and the full breakdown, and how high Walmart could go.

Left Behind: Quality stocks are being left in the dust as AI-fueled tech giants surge, widening a performance gap not seen since the dot-com boom. Using history as an indication, these overlooked leaders often rebound hard — here’s a look at which stocks could be next.

Early Black Friday Starts Now: Save 50% on Benzinga Pro

The year’s biggest trading opportunity starts early. Benzinga Pro gives you exclusive market news up to 15 minutes before major outlets so you can act before the crowd. Combine that with AI-powered research, custom scanners, and real-time alerts built for serious traders. Start your advantage now while it’s half price.

On This Day In 1973…

The unfolding Watergate scandal added a major layer of political uncertainty to an already fragile U.S. economy, contributing to one of the worst bear markets of the postwar era. As more information came about — including the infamous 18-minute tape gap — investor confidence tanked and public trust was eroded by the Nixon administration. Over the next year, the stock market plunged more than 40%, a decline driven not only by Watergate but also by surging inflation, the OPEC oil embargo and other issues.

QUOTE OF THE DAY

“If you judge people, you have no time to love them.“

— Mother Teresa

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