Happy Tuesday! Warren Buffett announced that he’s ‘going quiet’… well, sort of, as the legendary investor continues his transition of power from his role as CEO of Berkshire Hathaway, hinting at major shifts for the company and his philanthropic plans going forward. Click here to uncover the bold moves and what they mean for the company’s future.

Also, after last week’s selloff, which erased more than $1 trillion from the Magnificent Seven, investors are wondering about the AI boom going forward and if it’s sustainable. Read on to see what Goldman Sachs had to say and the warning signs to watch. Additionally, as the AI race continues to heat up, Anthropic found this advantage over rival OpenAI.

Plus, if you’re looking for innovative strategies to boost your income in rising markets, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Warren Buffett Shares His Final Thanksgiving Message As CEO Of Berkshire Hathaway

Warren Buffett is stepping back, but he’s not disappearing entirely. In his latest Thanksgiving letter — which will now become an annual tradition — the Oracle of Omaha revealed some major news regarding Berkshire Hathaway’s future, his philanthropic plans and passing the torch to incoming CEO Greg Abel.

Click here to see all the changes and bold decisions in Buffett’s latest note and why it matters.

When Markets Rally, Does Your Covered Call Strategy Keep Up?

Many investors seeking income have turned to covered call funds, only to find that these approaches often cap upside potential — especially in strong markets. Those pursuing higher yields through Nasdaq-100 strategies may have been particularly disappointed by how little they captured of the index's gains.

Join ProShares Global Investment Strategist Simeon Hyman and his team for an engaging discussion on the limitations of conventional covered call strategies, and the increasingly popular alternatives.

Register Now!

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Yesterday: U.S. indexes rallied Monday as optimism soared that the longest-ever U.S. government shutdown would soon end, following progress on a temporary funding deal to reopen the government through January. The Nasdaq led the way, jumping 2.3% for its best day since May 27, as investors bought back into big tech and artificial intelligence names after last week’s sharp sell-off. Meanwhile, oil prices settled higher amid concerns over potential supply disruptions from new U.S. sanctions and Ukrainian drone strikes on Russian refineries, though expectations of a global crude surplus limited further gains.

On Our Radar: On the earnings front, all eyes will be on Circle (CRCL), On Holding (ONON) and GlobalFoundries (GFS), which all report before the market opens tomorrow.

After last week’s big drop, big tech and AI companies rebounded in a big way with Palantir (PLTR), Nvidia (NVDA), Micron (MU) and AppLovin (APP) leading the way. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Monday.

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.

Oklo-motive: Oklo’s stock has surged over 400% this year — but can it keep chugging along? Check out the Q3 earnings preview and what analysts will be watching.

AMD-tastic: Bank of America predicts AMD’s earnings could quintuple by 2030, driven by AI chips and a potential $65 billion in annual sales from OpenAI deals. With major growth on the horizon, execution will be key, and if so, AMD could be one of the stocks of the decade.

Core Victory: Shares of CoreWeave smashed Q3 estimates on the top and bottom lines; however, despite the beat, shares fell after hours. Here’s a look at why.

Quantum Dip: Rigetti’s latest earnings shook the market, leaving investors questioning the company’s trajectory. Click here to see what’s behind the numbers and how the future of quantum computing is shaping up.

Benzinga’s Fintech Day: Retail investors are finally getting a shot at private-market unicorns, while prediction markets are soaring with new ways to profit from real-world events. Check out all the insights from experts at Benzinga’s Fintech Day yesterday.

The Cboe Magnificent 10 Index: Get A Sneak Peek At The New Way To Trade Tech In This Webinar

The “Magnificent 7” paradigm is getting an upgrade thanks to Cboe’s latest offering, the Cboe Magnificent 10 Index (MGTN). The new benchmark captures the pulse of U.S. large-cap technology and growth stocks by adding Advanced Micro Devices (AMD), Broadcom (AVGO) and Palantir Technologies (PLTR) to the Magnificent 7.

Join Cboe and Benzinga for an exclusive pre-launch webinar on Thursday, November 13, hosted by Henry Schwartz, Vice President, Derivatives Market Intelligence at Cboe, and Gianni DiPoce, analyst and contributor at Benzinga, as they give investors an early look at Cboe’s spin on the Mag7 approach.

Whether you're an active trader or market enthusiast, this is your front-row seat to the next evolution in index-based trading tools.

Click here to learn more.

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On This Day In 1918…

The Armistice agreement ended World War I, bringing relief and optimism to war-weary nations and financial markets alike. In the United States, the New York Stock Exchange and the Dow Jones Industrial Average were closed as crowds filled the streets in jubilant celebration, signaling not only peace, but the dawn of an exciting new economic era — the Roaring Twenties.

QUOTE OF THE DAY

“If stock market experts were so expert, they would be buying stock, not selling advice.“

— Norman Ralph Augustine

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