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Markets
U.S. stocks slipped as investors braced for Nvidia’s earnings and delayed labor data, extending the tech-led pullback amid growing doubts about AI-driven valuations.
DJIA [-1.07%]
S&P 500 [-0.83%]
Nasdaq [-1.21%]
Russell 2k [+0.50%]

Market-Moving News
Retail
Kroger Eats a $2.6 Billion Loss to Build a Faster Digital Future

Kroger (NYSE: KR) is swallowing a $2.6 billion hit as it tears down and rebuilds the digital engine behind its entire ecosystem.
The company wants a faster, simpler setup that finally earns real money instead of burning it.
A hybrid model replaces the old automation-heavy maze and opens the door for smarter fulfillment choices.
You can already imagine how different the experience feels when every order flows through a cleaner system.
Groceries Meet High Speed Mode
Store picking, smaller automation hubs, and big-name delivery partners now form a flexible network that adjusts to demand in real time.
Kroger expects around $400 million in digital profit improvement next year from this shift.
Faster delivery and smoother navigation are landing at the customer level, which means you get the benefits while Kroger fixes the messy parts behind the curtain.
Short-Term Pain, Long-Term Muscle
Kroger is shutting down underperforming centers and moving resources toward upgrades that customers actually feel.
A lighter structure means more money can be pushed into pricing, stores, and better digital flow.
The company knows that a hit today builds a stronger base for tomorrow, especially with competitors scaling fast.
When the dust settles, you might see Kroger running a tighter, louder, and more modern eCommerce machine than anyone expected.
Kroger basically ripped out the old wiring and walked into 2026 ready to power up a whole new shopping world.

Entertainment
Netflix Breaks Out of the TV Box With Its Wildest Pivot Yet

Netflix (NASDAQ: NFLX) is stepping far outside your living room as it launches toys, merch, and full-blown retail experiences across the country.
The company spent years building giant franchises and now wants those worlds to live beyond the screen.
Partnerships with major toy makers and apparel brands already stack up into a deep pipeline of products.
You suddenly see Netflix reaching into categories that used to belong only to old-school media giants.
Streaming Meets Real World Adventures
Netflix House in Philadelphia is only the beginning, with more locations already in the works.
The company wants fans walking through physical versions of its shows, not just watching them.
Big immersive venues create a loop that keeps people closer to the stories they love.
Your weekend plans may soon include walking into entire Netflix universes instead of scrolling through titles at home.
A Brand Engine With Serious Firepower
Merchandising and live experiences give Netflix new money streams that do not depend on subscription drama.
A wider ecosystem helps the company dodge slow growth periods and build a stronger global identity.
Competitors now face a platform that acts less like a streaming app and more like a full entertainment studio.
When all of this scales up, you might look back and realize this shift was Netflix’s first step into its next decade.
Netflix basically took its biggest hits, opened the front door, and invited the whole world inside.

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Crypto
BlackRock Gets Smacked With Outflows and a Crypto Reality Check

BlackRock (NYSE: BLK) is dealing with its roughest stretch yet as the IBIT Bitcoin ETF logs its biggest month of outflows.
The wave of withdrawals hits right as the company tries to grow its name in tokenized funds and on-chain investing.
Every Bitcoin product in the U.S. is seeing pressure, but BlackRock carries the spotlight because of how loudly it entered this space.
You get the feeling that the timing could not be more dramatic for a firm trying to lead the next era of digital assets.
Traditional Finance Meets a Bumpy Road
The idea of merging old school finance with crypto sounded unstoppable last year, yet the market reminder lands fast.
Your own view of crypto shifts quickly when giant players suddenly feel the pressure too.
Heavy outflows push BlackRock to rethink how fast it should scale this strategy into 2026.
A Comeback or a Course Correction
BlackRock has spent a year building tokenized funds, exploring blockchain partners, and branding itself as the safe doorway into digital assets.
A setback like this does not erase the plan, but it raises the stakes.
You might look back at this moment as the point where BlackRock either took the lead or tightened the playbook to survive the next round.
BlackRock stepped into crypto loudly, and now the market is asking how badly it wants to stay.

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Top Winners and Losers
Olema Pharmaceuticals Inc [OLMA] $20.14 (+136.39%)
Olema surged after Roche’s breast cancer drug showed surprise success in early-stage trials, boosting confidence in Olema’s own oral SERD candidate.
Ondas Holdings Inc [ONDS] $7.84 (+25.34%)
Ondas climbed after acquiring drone defense firm Sentrycs and securing a multimillion-dollar airport contract in Europe, strengthening its position in the global counter-UAS market.
Protara Therapeutics, Inc [TARA] $6.75 (+21.27%)
Protara advanced ahead of a key medical conference presentation featuring updated Phase 2 bladder cancer data for its lead cell therapy.

Eltek Ltd [ELTK] $9.12 (-19.51%)
Eltek dropped after reporting a year-over-year decline in operating income and profitability, as currency headwinds and margin pressure weighed on quarterly results.
Energizer Holdings Inc [ENR] $19.43 (-18.51%)
Energizer tumbled after missing profit estimates and issuing downbeat guidance that signaled ongoing demand weakness and margin challenges.
Ceva Inc [CEVA] $20.16 (-14.50%)
Ceva declined as the chip IP company moved to raise capital through a share sale, sparking dilution concerns despite its strategic intent.

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Everything Else
Nvidia’s earnings are about to spill the tea on AI, deciding whether this boom is rocket fuel or just bubble wrap with good marketing.
Meta just beat the FTC in a showdown over WhatsApp and Instagram, turning the antitrust threat into a courtroom souvenir.
Trump says Saudi Arabia is ready to drop $600 billion into the U.S., turning diplomacy into the biggest check he’s waved around yet.
Elliott is digging into Barrick, building a stake that puts fresh activist pressure on one of gold’s biggest players.
Cloudflare flipped the switches back on after an outage rattled thousands, giving the internet a much-needed breather from its unexpected nap.

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— Adam G.
Elite Trade Club
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