[The Daily Peel... ]() Nov 2, 2022 | Peel #329 Score WSO swag by checking out our sponsors [The Daily Valet. ]( By signing up with one of our sponsors, youâll automatically get entered to win one of 5 WSO t-shirts we give away each and every week, AND free access to our Excel Modeling Course. It takes less than 1 minute and helps keep The Daily Peel running. Thanks for your support! Market Snapshot JPow and his cronies meet Wednesday to discuss if theyâll relent on their all-gas-no-brakes rate hiking strategy. Some permabulls are holding out hope for just a 50-pointer, but the market widely expects another 75 bps hike. Stocks saw modest losses ahead of the meeting, and bond yields continued to march higher. [image] Banana Bits - Elon [dissolved Twitterâs board]() and is now the sole director/Chief Twit
- Joey B is [coming after oil companies]() and their piles of cash
- Slowing demand for Chinese goods and draconian C19-Zero policies have [hammered factory output]() in the country
- Japan [spent big]() on propping up the yen in October, with the latest total at nearly $43 billion $50 UberEats Just For Requesting Quote [image](=) We got a good one todayâCaplinked loves Daily Peel readers so much that theyâre handing out tons of free stuff just for filling out a form. Hereâs the dealârequest a data room quote, and youâll automatically get: - 50 bucks at Grubhub or UberEats
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- Entered into a raffle for 100 bananas at Amazon Yea, weâre serious. It only takes a few seconds to fill out their form, and youâll get 50 grub bucks. Canât beat that ROI. [Caplinked]( is an awesome data room thatâs easy to use, and has all the functionality you need to stay in the good graces of your MD. Whether your client is a sovereign wealth fund or a mom & pop shop, their digital data rooms have the tools you need to get the deal done. If you work in banking, you know how stressful all-nighters during a merger can be. Sensitive data needs to be kept under wraps, but mistakes can happen when youâre running on adrenaline and Red Bull. Theyâre the fastest growing data room for a reason. Clients rave about the quality and simplicity they bring to dealmaking. This offer expires soon, so take a few seconds between Slack pings and request a quote today! [Request a quote and get 50 grub bucks]( Macro Monkey Says RIP Silicon Valley: 1970-2022 In the last half century, a few zip codes near San Francisco became the envy of not just other cities in America but entire countries across the globe. A combination of computer nerds everywhere you look, high-octane research, and plenty of VC dough propelled small tech startups into the biggest companies the world has ever seen. But that dominance could be coming to an end. - Founders are fleeing the Bay Area, and the Valleyâs share of VC funding has reached [a new low]()
- Exorbitant housing costs, high taxes, and unrelenting crime has driven hundreds of companies out of the area in recent years
- Remote work and better collaboration over the internet have reduced the importance of one physical place for starting companies Meme of the Day [image] [Source](=) What's Ripe Uber ($UBER) â 11.97% â - The luxury of getting plastered and having someone take you home on demand is something people will happily pay for
- The headline for Uberâs Q3 earnings was [72%](=) YoY revenue growth, powered by both higher prices and more bookings Carvana ($CVNA) â 12.93% â - Here comes the bounce. $CVNA was dead in the water a few days ago, but an upgrade from JPM was the electric shock it needed
- This thing has lost almost 94% YTD, so if it has any chance of a turnaround, nowâs the time to hop in What's Rotten AMC Entertainment ($AMC) â 7.66% â - An epidemic of paper-handedness slammed meme stocks Wednesday. Smh.
- AMC has earnings coming up next week, but nobody that trades it really gives a sh*t about that Getty Images ($GETY) â 11.76% â - Getty recently joined meme stock veterans $GME and $AMC on the hype train, but the rally ran out of steam Wednesday
- No real news to speak of moving this stock, just apes passing shares back and forth Data Peel [image] [Source](=) Thought Banana TikTok Is Suffocating New Pop Stars New songs nowadays are optimized to go viral on TikTok since itâs the main gateway into the ears of young people. Itâs working alright for artists that are already huge, but itâs pressuring up-and-comers to go viral or die trying. - A lyric from T Swizzleâs recently released Midnights (âItâs me. Hi. Iâm the problem itâs meâ) comes off of the first song in the album and has gone nuts on TikTok
- Tell me they didnât know that would happen before the album was releasedâ¦big labels now have teams scouring social media for whatâll turn teens on to new music
- The formula is homogenizing popular music and reducing the variety the charts had in the good ole days The big question: Is TikTok a passing fad, or will artists have to rely on virality to make it big for the foreseeable future? Banana Brain Teaser Yesterday â If you were standing directly on the south pole facing north, which direction would you travel if you took one step backward? North. Today â Itâs 50 bananas off the [Consulting Interview Course]( for the first 25 correct respondents. LFG! You hear it speak, for it has a hard tongue. But it cannot breathe, for it has not a lung. What is it? Shoot us your guesses at [vyomesh@wallstreetoasis.com](mailto:vyomesh@wallstreetoasis.com?subject=Banana%20Brain%20Teaser) with the subject line âBanana Brain Teaserâ or simply [click here to reply!](mailto:vyomesh@wallstreetoasis.com?subject=Banana%20Brain%20Teaser) How would you rate todayâs Peel? [image]() [image]() [image](=) [All the bananas](=) [Decent]() [Rotten AF](=) Happy Investing, Patrick & The Daily Peel Team Was this email forwarded to you? Sign up for the WSO Daily Peel [here](=). [ADVERTISE](=) // [WSO ALPHA](=) // [COURSES](=) // [LEGAL](=) Don't want The Daily Peel? [Unsubscribe here](). Click to [Unsubscribe]( from ALL WSO content IB Oasis Corp. (aka "Wall Street Oasis")
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