WOLF

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[WOLF @WOLF_Financial]

WOLF WEEKLY CALENDAR 📅

Are you an Investor, Trader, or Stock Market Enthusiast? Our daily X Spaces and Live Streams cover all things Stock Market: News, Earnings, Market Themes, Trading, Macro, IPOs, and more!

Highlights Include:

- Daily Power-Hour Market Analysis and Investing Themes with @stocktalkweekly, @StockMKTNewz, @RedDogT3, and more!

- All day Live Trading Spaces and Streams on @WOLF_TradingX hosted by @WolfRyan and @AceTheKid with a panel of top traders.

- Small Cap Investing with @StoryTrading.

Links to set reminders are in the thread below!

[WOLF @WOLF_Financial]

MICHAEL BURRY JUST BOUGHT BACK INTO LULULEMON

"The Big Short" investor said he bought Lululemon $LULU shares today, after selling out of the stock in October. He called it "a good bet" with limited downside at today's price.

Lululemon has lost nearly half its value this year, falling from $207.81 to about $108.

In September, after a guidance cut sent the stock down 20%, Burry called it a "fat pitch" below $100.

He also added to Adobe, PayPal, JD, MercadoLibre and Sprouts Farmers Market.

The same day he said Nvidia isn't a long-term hold for him, he bought a stock that's down 48% this year.

[WOLF @WOLF_Financial]

@CorgiInvest IPO day is coming soon 👀

[WOLF @WOLF_Financial]

@ERShares Always interesting to hear Joels POV. It's all in the numbers

[WOLF @WOLF_Financial]

UNITED AIRLINES IS BANNING AI AGENTS FROM BOOKING FLIGHTS

United $UAL will let AI assistants search its flights and fares, but not complete a booking, according to the WSJ. The airline says automated assistants create data-privacy risks.

"Protecting our customers' data and accounts is a priority for United," the airline said.

It's the latest company to close the door on AI shopping agents like Meta's Muse. Amazon blocked Muse from its site in September, and Delta and JPMorgan have also restricted AI agents.

Big Tech is racing to build agents that shop for you. The companies they'd shop at are starting to say no.

[WOLF @WOLF_Financial]

@CryptoWendyO Smart

[WOLF @WOLF_Financial]

How often do you check your portfolio?

[WOLF @WOLF_Financial]

Gary Vaughan, host of the Daily Stock Picks podcast, bought a Tesla Model 3 in September 2018. His friend Clint bought one too. Clint believed in Tesla $TSLA so much that he sold his entire portfolio and bought the stock.

Vaughan estimates the stake grew to tens of millions. He didn't have that risk tolerance.

"We all have different risk tolerances," he says. "The goal is the same."

[WOLF @WOLF_Financial]

ANTHROPIC WANTS UP TO 20% OF ITS IPO IN RETAIL HANDS

Already oversubscribed, according to Bloomberg. Anthropic expects retail investors in the U.S. and other countries to get up to 20% of the shares in its IPO. Final amounts will depend on demand.

At the top of the range, that's about $12.9 billion of stock.

Part of it will be sold at the IPO price through:
- Charles Schwab
- Fidelity
- Robinhood
- SoFi
- E*TRADE from Morgan Stanley

Anthropic is also running separate retail offers in Japan, the U.K., Australia, Canada and Europe.

Some are taking fees. Anthropic backers expecting big allocations are selling up to $500 million of their IPO shares in advance through JonesTrading, for a 3% to 5% fee on top of the IPO price, Bloomberg reports.

Regular investors usually get a sliver of the hottest IPOs. This one is asking brokers for a much bigger slice.

[WOLF @WOLF_Financial]

@IncomeETFDaily The guy is live 👀

[WOLF @WOLF_Financial]

@BrettErik The compounding part is what makes personal branding worth the effort.

[WOLF @WOLF_Financial]

@iamcoriarnold Consistency beats trying to find the next big investment.

[WOLF @WOLF_Financial]

@AccentInvesting Financial security gives you room to make mistakes without losing everything.

[WOLF @WOLF_Financial]

@tyromper Kids need more playtime and less pressure to be perfect.

[WOLF @WOLF_Financial]

IF YOUR EMPLOYER MATCHES YOUR 401(K) AND YOU'RE NOT TAKING IT, YOU'RE TURNING DOWN FREE MONEY

A common plan matches 50% of what you put in, up to 6% of your salary.

If you earn $60,000 and contribute 6%, that's $3,600 a year from you and $1,800 a year from your employer.

That $1,800 is an instant +50% return on your money, once it's vested, before the market does anything.

Over 30 years at 7% a year, just the employer match grows to about $170,000.

Your employer would have put in $54,000 of it. The rest is compounding.

Every plan is different, so check your company's match and vesting rules. Not financial advice.

[WOLF @WOLF_Financial]

IN AUGUST 1998, SUN CO-FOUNDER ANDY BECHTOLSHEIM WROTE LARRY PAGE AND SERGEY BRIN A $100,000 CHECK. GOOGLE WAS INCORPORATED THE NEXT MONTH

Page and Brin built the search engine behind Google $GOOGL in their Stanford dorm rooms. They first called it Backrub.

That September, they moved into their first office, a garage in Menlo Park, California, owned by Susan Wojcicki, per Google.

Wojcicki charged them $1,700 a month in rent, per Business Insider.

She became Google's 16th employee. In 2014, she became CEO of YouTube.

[WOLF @WOLF_Financial]

ANTHROPIC'S IPO WOULD BE THE 2ND-BIGGEST EVER

Already oversubscribed. At the top of its range, Anthropic would raise up to $64.4 billion, selling 825 million shares at $70 to $78 each.

Only one IPO has ever raised more: SpaceX, with $75 billion in June.

The biggest IPOs ever, by money raised:
1. SpaceX (2026): $75.0B
2. Anthropic (2026): up to $64.4B
3. Saudi Aramco (2019): $25.6B
4. Alibaba (2014): $21.8B
5. SoftBank Corp. (2018): $21.3B

Anthropic's raise alone would be bigger than Aramco's and Alibaba's combined.

The two biggest IPOs in history, in the same year.

[WOLF @WOLF_Financial]

@KraneShares @AnthropicAI Anthropic's growth makes this even more interesting.

[WOLF @WOLF_Financial]

@Igor_Buinevici Maintainability matters from day one.

[WOLF @WOLF_Financial]

MICHAEL BURRY SAYS $NVDA COULD SOON BE "A HECK OF A TRADE"

"The Big Short" investor Michael Burry said he was "a bit shocked at how the market has turned" on Nvidia, which fell about 10% after news of CEO Jensen Huang's affair.

"I am not tempted as a long-term hold from here, but I imagine the whole market is going to think this is a heck of a trade fairly soon," he said.

He's still skeptical for the long run:
- He expects Nvidia's competitive edge to shrink over the next five years
- He said Nvidia GPUs "may be economically depreciating waiting in warehouses while GAAP depreciation remains at zero," while stressing he isn't alleging fraud

[WOLF @WOLF_Financial]

A TOP FED OFFICIAL WARNS OF A "LARGE CORRECTION" IF AI FALLS SHORT

Fed Vice Chair for Supervision Michelle Bowman flagged the risk of "a large correction in equity valuations" if AI investments don't deliver the returns investors expect.

AI-related debt is on track to top $800 billion this year, across corporate bonds, private credit and project finance. Lease commitments and guarantees tied to the AI buildout could mean payments of more than 3 times that.

She said markets are already reassessing, citing lower equity valuations, wider corporate bond spreads and higher credit default swap prices for some companies tied to the buildout.

"Lower equity prices could undermine the resilience in consumer spending," she said.