Here is Trump in 2011 calling Obama “stupid” for hosting the Chinese president and claiming that he wouldn’t give him a dinner. “The president of China came a few months ago and we gave him a state dinner. Now, when people are screwing you, you don't give them state dinners.” Fast-forward 15 years and Trump is giving President Xi a state dinner while China is helping Iran target American service members. Who is the stupid one now?

JPMORGAN: “.. Argentina’s economy posted its worst monthly performance since the April 2020 lockdown. .. .. Nearly one-third of Argentina’s urban population lived below the poverty line during the first half of 2026.” 🇦🇷

$MELI has crashed back down to the $1700s Meanwhile top line is growing at its fastest in 4 years

SOLIDIGM EYES $150B IPO SK Hynix is considering taking its U.S. storage subsidiary Solidigm public as early as 2027 in an IPO that could raise about $15B and value the company at up to $150B, per Reuters. Solidigm was created after SK Hynix acquired Intel’s NAND memory and SSD business for roughly $9B and combined those operations into a standalone U.S. subsidiary. The company sells enterprise SSDs used in servers, cloud infrastructure and AI data centers, with a growing focus on high-capacity storage for AI workloads. Solidigm has already begun meeting with investment banks for potential IPO roles, marking an early step toward a listing that could become the largest-ever U.S. semiconductor IPO. SK Hynix has also been exploring ways to expand Solidigm, including a possible U.S. NAND manufacturing plant, with upstate New York reportedly under consideration. Source: Reuters

Tether's $USDT makes $10B profit from $180B stablecoins in circulation. Now imagine a stablecoin issued by a regulated US bank, instead of some shady company that launders money for Iran and North Korea. This is what the Sofi x Mastercard partnership is all about. This partnership allows $SOFI to move money instantly at any time, instead of waiting days for traditional banks to process transactions. Issuers and acquirers can choose to settle transactions in SoFiUSD, allowing for 24/7/365 instant settlement. Simply put, by using their own digital currency, they can avoid paying expensive fees to middleman banks and keep more of that profit for themselves. Sofi will begin by settling all its Mastercard transactions using SofiUSD, demonstrating the usefulness of this technology. Then, through its Tech Platform business, other companies will use this faster technology. There are huge applications for this technology in: - Remittances - B2B Payments - Bank-to-Bank Settlements $SOFI has the potential to make billions in fees from its stablecoin. Capturing 10% of Tether's volume would mean $1B+ in new revenue at 80%+ EBIT margins. $SOFI's entire net income last year was around $600M. In a few years, this business could be the same as the LPB is today.

Peter Thiel says there's a good chance that the Democrats win the 2028 election in a landslide "I'm still a Vance partisan. I'm worried that it will be very difficult for either candidate to win. My pessimistic view is that this is the wrong question." "The right question would be who would be the Democratic nominee." "Obviously, in a close election, the center-left candidate is probably better. Unless it's a close election, it probably doesn't matter. And I think there's a good chance that it won't even be close." "If the Republicans lose the midterm elections this fall, the Democrats will think that they're going to win anyway in 2028, and so they probably won't be as strong a firewall against the Democrats. They will not take all steps to prevent a democratic socialist from winning." "I think the Democrats will do well enough in the midterm elections, in a month and a half, that they'll be indifferent to the center-left or the far-left presidential candidate. And then it's a completely open field, a completely open question." "I had this debate with Fukuyama, author of The End of History and the Last Man. He no longer fully believes in his theories. But when I told him there's a good chance the democratic socialists will win in 2028, he replied with absolute certainty: 'No way. This will never happen.' And I don't think history is designed that way."

$META price target upgrades this week - Canaccord → $950 - Tigress $945 → $995 - Loop Capital → $955 - JPMorgan $820 → $920 (this morning) - Citizens JMP → $885 - Jefferies $710 → $875 - Cantor $680 → $860 - Evercore $820 → $860 - Wells Fargo $640 → $796 - BofA $810 Muse has around 3m downloads + gaining 300-500k per day in two weeks and every bank on the street is rewriting their model I’m sure it’s actually waaaay more than 3m

🇦🇷🇨🇱🇺🇾 Argentines, Chileans, and Uruguayans need to understand one thing: the southern bloc must be more united than ever. There is no room here for the foolishness of the past. The world is going to become very complicated in the coming years, and our alignment must be TOTAL. We have to cooperate and protect each other. A united Southern Cone!

$ETH is a $9200 coin at $2700

NYT: In a phone call days before Oct. 7, UAE President Sheikh Mohamed bin Zayed warned Prime Minister Benjamin Netanyahu that Hamas was considering a major attack. But according to five former senior Israeli officials, the warning never reached Israel’s security leadership. Days later, on Oct. 1, 2023, Netanyahu met with his security chiefs but never mentioned the warning. nytimes.com/2026/09/25/world…

No veo cómo salir de este fracaso. A medida que se acercan las elecciones, la economía muestra señales de debilitamiento y el Gobierno parece consumir parte de su capital político. Los datos recientes son preocupantes: el PIB cayó 0,6% en el segundo trimestre respecto del primero y la actividad económica volvió a caer en julio. Si esta tendencia continúa, podemos enfrentar más presión cambiaria, menos actividad y un deterioro de las expectativas. El problema de fondo es otro: el cambio que necesita Argentina no puede depender de la obediencia a un líder ni de una visión ideológica cerrada. Argentina necesita una alternativa amplia y transversal que mantenga lo que debe mantenerse: equilibrio fiscal, desregulación, respeto por el mérito, apertura económica y reglas estables. Pero también que haga esos cambios de manera institucional, gradual y sustentable. El populismo no es la solución. Tampoco lo es reemplazarlo por la adhesión irrestricta a un nuevo líder. Una nación exitosa necesita ciudadanos libres y pensantes, instituciones sólidas y gobiernos integrados por personas capaces.

I don't often feel proud of an article I've written, but I am of this one. It's about $NU. Title: "Even The Pope Can't Get Good Banking In The US" Almost 7K words, the most extensive earnings analysis I've ever written (and I'm doing this over a decade already). But no fillers, all killers. And talking about killers: there's a killer offer (which I will never give again after this). What you will learn: * The Q2 results in all details (and there were many important details!) * The main bear arguments and their context and weight. * $NU's expansion in the USA 🇺🇸 and why it may surprise many. * My Potential Multibaggers Quality Score update. * The valuation of the stock. * Is the stock a buy now? Link: potentialmultibaggers.com/p/…

FED PLANS TO RAISE 🇺🇸 BANK OVERSIGHT THRESHOLDS The Fed is working on a proposal that could raise its highest enhanced-oversight threshold from $700B to around $960B and move some additional requirements currently triggered near $100B closer to $150B, per Reuters. The changes could give banks including $USB, $COF, $PNC and $TFC more room to grow before facing tougher capital, liquidity and reporting requirements, while potentially unlocking more regional-bank M&A.

Canaccord raised its $META price target to $950 as Muse passed 2.5M downloads in two weeks & expands across glasses, Mac & dedicated hardware. The firm sees that distribution creating multiple AI monetization paths through subs & what Zuck calls “a small fee from transactions.”