acceler8future

Annual revenue generated (estimated) at current sales volume: • Model Y: $50 billion • Model 3: $20 billion • Cybertruck: $2.5 billion

Tesla and SpaceX have prospered under both Republican and Democratic Presidencies. They have some very bright years ahead of them. Their success is not dependent on one party being in power. Love it or hate it, this is beautiful American Democracy at work.

$SKHY now holds an 9% stake in $PENG after acquiring SK Telecom’s $377M preferred position. I think opportunity goes beyond investment itself as Penguin’s work on CXL & SSD-based KV cache gives SK hynix firsthand insight into memory bottlenecks emerging as AI inference scales.

I failed 21 SAS selection. One hundred and twenty men started. Four finished. I was not one of them. I do not tell that story to be humble. I tell it because of what happened next, which nobody ever asks about. I went home. I was 19 years old and I had failed at the one thing I had told everyone I was going to do. There is a particular silence that follows that. Friends are kind. Family are careful. And you sit in your childhood bedroom and understand that the failure is now a fact about you. Six months later I went back and did the whole thing again. Passed the second time. Here is what I actually learned, and it is not what people expect. It was not about grit. It was not about wanting it more. It was that the first attempt was not wasted, it was the reconnaissance. I knew where the ground broke you. I knew what the third day felt like. I was not braver the second time, I was better informed. Most people treat a failure as a verdict. It is data. The only real failure is the one you refuse to go back and look at.

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. Palantir $PLTR delivered an extraordinary Q3 2026, with revenue surging 96% YoY to a record $2.31B, marking its first quarter above $2B, while U.S. commercial revenue skyrocketed 148% YoY to $984M, surpassing U.S. government revenue of $953M for the first time in company history. Total U.S. revenue grew 119% to $1.94B, while adjusted EPS reached $0.44 and GAAP net income climbed to $1.13B. Profitability remained exceptional, with adjusted operating income of $1.43B, representing a 62% margin, and adjusted free cash flow of $1.22B, representing a 53% margin. Palantir achieved a remarkable Rule of 40 score of 158%, closed 64 deals worth at least $10M, and grew U.S. commercial remaining deal value 79% YoY to $6.52B. Management also significantly raised FY2026 revenue guidance to $8.53B, representing 91% annual growth, while projecting U.S. commercial revenue growth of at least 143% and adjusted free cash flow of $4.8B–$5B. CEO Alex Karp emphasized that the accelerating sovereign AI movement is creating unprecedented demand for Palantir's AIP, Foundry, and Ontology platforms, as governments and enterprises increasingly seek to deploy AI using their own proprietary data and infrastructure. 2. Meta $META and Oracle $ORCL are preparing major capital raises as the world's largest technology companies continue securing funding for their expanding AI infrastructure investments. Meta is reportedly targeting at least $20B through a U.S. dollar- and euro-denominated bond offering, potentially spanning five dollar tranches and six euro tranches, with Citigroup $C and Morgan Stanley $MS coordinating investor calls. Meanwhile, Oracle is reportedly preparing a nearly $10B equity offering at an approximately 11% discount, alongside a six-part U.S. dollar investment-grade bond offering and a newly filed mixed shelf registration. Fitch estimates Oracle's combined capital raise at approximately $20B, including $10B in equity. 3. Grab $GRAB delivered strong Q3 2026 results, with revenue increasing 27% YoY to $1.11B and adjusted EBITDA surging 73% to a record $237M, while its adjusted EBITDA margin expanded 565 basis points to 21.3%. Monthly transacting users reached a record 57.2M, up 20% YoY, as Grab added 3.3M users during the quarter, its strongest quarterly addition since Q1 2022. On-Demand GMV grew 18% to $6.84B, while Financial Services revenue surged 124% to $201M, with the segment achieving adjusted EBITDA profitability for the first time at $12M. Grab also raised its FY2026 revenue guidance to $4.15B–$4.20B and adjusted EBITDA outlook to $790M–$800M, reflecting accelerating profitability across its ecosystem. The company generated $286M in quarterly adjusted free cash flow, repurchased $400M in shares during September and October, and retains another $500M in buyback authorization, highlighting improving operating leverage and increasing shareholder returns. 4. President Donald Trump and Vice President JD Vance expressed growing optimism about a potential U.S.–Iran agreement, with Vance saying he feels “good about the prospects” of a deal following several productive discussions with Iranian officials. Vance confirmed that no deadline has been established for resuming military strikes, while Trump said negotiations are “coming together nicely” and suggested that progress toward an agreement has contributed to falling oil prices. Trump also said Iran wants to reach a deal, reiterated Tehran's assurances that it would not develop nuclear weapons, and indicated that the U.S. would refrain from further strikes against Iranian leadership. Meanwhile, Qatari mediators are reportedly traveling to Tehran to meet Foreign Minister Abbas Araghchi and discuss a revised agreement that has been under negotiation for eight days, according to Reuters. However, Iranian state-linked Fars News pushed back against reports of a breakthrough, citing a source who said no meaningful progress has occurred and that Tehran will not move forward until Washington satisfies Iran's seven conditions. 5. The top 10 most active options today by contracts traded were $NVDA with 4.7M contracts, $TSLA with 3.7M contracts, $INTC with 2.1M contracts, $MU with 1.8M contracts, $AMZN with 1.8M contracts, $AAPL with 1.6M contracts, $GOOGL with 1.0M contracts, $AMD with 1.0M contracts, $SPCX with 1.0M contracts, and $ORCL with 768K contracts. 6. Anthropic is reportedly facing pressure from institutional investors to price its upcoming November IPO at a $1.5T–$1.6T valuation, down from earlier expectations approaching $2T, according to the Wall Street Journal. The more cautious outlook follows the recent technology selloff and growing concerns over the sustainability of massive AI infrastructure spending, despite Anthropic reporting $17B in Q3 revenue, up from $11.6B in Q2, even after approximately $600M in pricing reductions and customer discounts. The company has also disclosed an extraordinary $895.4B in combined AI computing purchase and lease commitments, including $447.5B expected before 2031, with most remaining obligations extending through 2045. Anthropic could begin its IPO roadshow next week, with trading potentially starting before Thanksgiving, although the final valuation, offering size, and share price remain undetermined. 7. Marvell $MRVL announced a massive $115B all-stock acquisition of Lumentum $LITE, creating a new powerhouse in AI networking, optical connectivity, and custom silicon. Under the agreement, Lumentum shareholders will receive 4.5 Marvell shares for each Lumentum share, valuing Lumentum at approximately $1,132 per share, a 23.9% premium to its unaffected closing price. Following the transaction, Marvell shareholders will own 67% of the combined company, with Lumentum shareholders owning 33%. The merger combines Marvell's expertise in custom AI chips, switching, and electrical interconnects with Lumentum's leadership in lasers, optical transceivers, and optical circuit switching, positioning the combined business to address an estimated $550B total addressable market. 8. U.S. equity funds recorded $6.7B in net outflows during the week ending October 28, marking their largest weekly withdrawal since mid-September and reversing the $5.1B and $13B in inflows recorded over the previous two weeks. Meanwhile, global equity funds attracted $10.2B, extending their inflow streak to six consecutive weeks, although demand slowed considerably from $25.1B and $19.8B in the preceding weeks. Asian equity funds led global inflows with $9.9B, down from $11.6B the prior week, while European equity funds attracted another $4.5B. 9. Disney $DIS is reportedly preparing to eliminate thousands of jobs as part of a major cost-cutting initiative, with some managers instructed to target 20% in annual cost savings across their operations. The reductions are expected to come from a combination of workforce layoffs and lower operating expenses, with certain business divisions facing deeper cuts than others. Disney, which employed approximately 231,000 people worldwide at the end of its last fiscal year, plans to redirect a portion of the savings toward film and television programming, technology, theme parks, and cruise operations. 10. Bloom Energy $BE and California Resources Corporation $CRC signed a non-binding memorandum of understanding to explore the development of more than 1 GW of power generation capacity in California, combining Bloom's solid-oxide fuel cell technology with carbon capture and storage infrastructure. Under the proposed partnership, Bloom would provide its on-site power generation systems, while CRC's Carbon TerraVault would handle CO2 transportation and permanent underground storage. The projects, being evaluated across Central and Northern California, could supply electricity to AI data centers, utilities, and industrial customers, with the companies estimating that up to 3 million metric tons of CO2 annually could be available for capture and storage. 11. AST SpaceMobile $ASTS and AT&T $T announced the first successful handoff of an active cellular connection between a terrestrial network and a satellite network using an unmodified smartphone, marking a significant milestone for direct-to-device satellite connectivity. The test successfully transferred an active connection between AT&T's ground-based cellular infrastructure and AST SpaceMobile's BlueBird satellites, leveraging networking technology from Ericsson $ERIC and Nokia $NOK. The achievement demonstrates progress toward enabling ordinary smartphones to transition between traditional cell towers and satellite coverage without requiring specialized hardware. AT&T said the next step will involve real-world beta testing ahead of a potential commercial rollout, bringing AST SpaceMobile closer to delivering satellite-based cellular coverage in areas where conventional networks are unavailable. 12. Piper Sandler believes a potential SpaceX $SPCX and Tesla $TSLA merger proposal is now more likely than not, as both companies have reportedly established independent special committees to evaluate a possible combination. The firm expects Elon Musk to retain more than 70% voting control of the combined entity under most potential transaction structures, allowing him to maintain significant influence over the businesses. A merger could bring together Tesla's electric vehicles, autonomous driving, robotics, and energy infrastructure with SpaceX's satellite connectivity, launch operations, and AI computing capabilities, potentially creating one of the world's most vertically integrated technology companies. WALL STREET IS THE GREATEST SHOW ON EARTH.