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Here’s what we got today:

• 🍏 Apple Is Considering Rivaling Meta in New Smart Glasses Segment

• 📺 Hisense Seeks to Be the Top TV Seller in The U.S.

Apple Is Considering Rivaling Meta in New Smart Glasses Segment

Looks like Apple ($AAPL) wants a clearer vision for the future beyond its Vision Pro. Apple is reportedly doing market research with its employees on a smart glasses product segment that would rival Meta's ($META) Ray Ban smart glasses. The internal study is called "Project Atlas," and it's done with the company's employees to avoid any leaks to the public. The product should work like current AirPods but in a glasses form and should boast improved battery, sensors, and audio. Current Vision Pro faces adoption difficulties as the headset is considered too bulky to become mainstream.

• Meta's Ray Ban glasses are featured in Oprah Winfrey's annual gift guide for 2024

• Morningstar Analyst William Kerwin stated that Apple's ultimate eyewear goal is "a form factor closer to glasses."

Hisense Seeks to Be the Top TV Seller in The U.S.

Watch your screen Samsung, Hisense ($GKE) is coming for your throne. The Chinese electronics giant, currently second in North American TV shipments, plans to overtake Samsung ($SMSN) within two years. Hisense is backing this ambitious goal with action - they've just secured partnership with the 2025 FIFA Club World Cup in Miami and are rolling out advanced AI-powered TVs. Their strategy goes beyond traditional LCD screens, incorporating premium features like Mini LED technology while maintaining competitive pricing from $700 to $3,000+.

• North America represents 30% of Hisense's international sales

• Hisense also aims for top place in white goods category, such as refrigerators and washing machines

Markets

Solid-state batteries may yet catch up — but silicon anodes are winning the race to power EVs. Major automakers including Mercedes, Porsche, and GM, are placing a strategic bet on silicone anode technology for the next-gen EV batteries. [Read]

Hedge funds perform better with Democrats in White House, HFR data shows. HFR data reveals that hedge funds performed, on average, 10.2% annualized returns under Democratic leadership compared to 8.7% under Republican. [Read]

Dow jumps while Trump trade weakens as Wall Street awaits winner of tight presidential race. The Dow (^DJI) jumped 1%, S&P 500 ($SPY) gained 1.2%, and Nasdaq (^NDX) surged 1.4% as markets await the presidential election outcome and Fed meeting. [Read]

Business

Palantir Jumps to Record After Earnings Beat, Strong Outlook. Palantir ($PLTR) Technologies reported a 30% increase in Q3 sales to $725.5 million, beating analyst estimates. Strong US demand and AI tools adoption drove shares up 12% in premarket trading. [Read]

Nvidia Supplier Astera Labs Surges on Strong Q3 Results. The AI chip connectivity company reported a 206% year-over-year revenue increase to $113.1 million. The stock jumped 30% following the earnings results. [Read]

Super Micro shares fall as server maker misses sales targets, annual filing uncertain. Super Micro Computer ($SMCI) shares plummeted by 15.5% in after-hours trading after they stated that the annual filing is under uncertainty. The company also reported lower-than-expected net sales in the second quarter. [Read]

Is Intel Back? 3 Reasons to Take Intel's Turnaround Seriously. TMF

Crypto firms including Robinhood, Kraken launch global stablecoin. Reuters

Trump's tariff plan could cost Americans $78 billion in annual spending. Investing.com

China's services activity picks up as conditions improve. Investing.com

Nuclear Energy’s AI Boom Blew a Fuse—Here’s What Could Happen Next. WSJ

Malaysia central bank set to manage market volatility. Investing.com

Brazil continues high-level talks on spending control measures. Investing.com

On Election Day, Trump-linked Phunware’s stock slides. MarketWatch

As the election winds down, worries of ‘bond vigilantes’ and inflation hit markets. CNBC

What Boeing gave up to end the costly machinists strike. Quartz

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.