A major acquisition in the oncology space is turning heads. Backed by promising early data and a potential first-in-class therapy, this company could be entering a new phase of growth as it gets absorbed into a broader pipeline strategy.

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Markets
U.S. stocks fell as investor sentiment soured on fading hopes for a December Fed rate cut, a continued rotation out of big tech, and uncertainty from delayed economic data despite the end of the record-long government shutdown.
DJIA [-1.65%]
S&P 500 [-1.66%]
Nasdaq [-2.29%]
Russell 2k [-2.72%]

Market-Moving News
Streaming
Disney’s TV Magic Meets the Modern Mess

The Walt Disney Company (NYSE: DIS) is back in the spotlight, clashing with YouTube TV over distribution rights for its television networks.
The blackout leaves millions of viewers without access to ABC, ESPN, and Disney Channel, turning what looks like a contract dispute into a symbol of how fast traditional TV is losing its grip.
You can sense the tension; one side represents the old guard of appointment viewing, the
other the on-demand world we now live in. Both are fighting for your attention, your time, and your monthly payment.
When Legacy Meets Livestreams
Disney’s problem isn’t about power, it’s about pace.
The company is racing to shift from cable bundles to digital ecosystems without letting go of the networks that once made it unstoppable.
Streaming growth from Disney+ and Hulu is gaining momentum, but every blackout and renewal fight shows how tricky that handoff really is.
You might call it growing pains; Disney calls it evolution. Either way, the stakes go far beyond your weekend sports broadcast.
A Kingdom in Rebuild Mode
Behind the headlines, Disney is re-engineering its entire entertainment machine.
You can already see Disney shifting gears, and the wild part is that you get to watch the company rebuild its TV world while growing its streaming empire at the same time.
The whole thing feels like a backstage pass to a brand trying to stay timeless without feeling tired.

Consumer
When the Biggest Sales Event Became the Biggest Walkout

Starbucks Corporation (NASDAQ: SBUX) stumbled into a holiday surprise as more than a thousand baristas walked out during Red Cup Day.
The strike hit just as stores usually overflow with seasonal orders and caffeine-hunting regulars.
You could feel the shift in energy from celebration to tension the moment lines slowed and customers met empty counters.
The disruption comes at a time when Starbucks is working hard to regain momentum in its U.S. business.
The company hoped the holiday rush would rebuild some excitement, but the strike added a twist that no peppermint drink could sweeten.
Behind the Scenes of a Brewing Standoff
Workers have been pushing for better staffing conditions and clearer store standards, two issues that keep bubbling up with each big promotion.
Starbucks has been trying to modernize equipment and refresh store layouts, but employee frustration keeps spilling over.
The clash reveals how easily expectations can collide when stores get busy.
Customer loyalty also gets tested when a big event stumbles.
People who came for a free cup or seasonal drink walked into slower service, which always raises the risk of sending someone to another coffee chain.
A Snapshot of the Road Ahead
You might look at the strike and see more than a loud moment.
The company now enters the final stretch of the season with a reminder that holiday magic fades fast when store morale dips.
Starbucks has big choices to make, and every cup in your hand next year depends on them.

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Infrastructure
The Power Play Nobody Expected From a Crypto Veteran

CleanSpark Inc. (NASDAQ: CLSK) just pulled off a $1.15 billion capital move that resets its entire future.
The raise arrives with zero percent interest and a long runway, giving the company room to build rather than scramble.
The financing also sets up a major stock repurchase program that signals confidence, not caution.
You can tell a lot about a company by how it spends borrowed money, and CleanSpark is spending it like it sees the road ahead with a flashlight, not a blindfold.
Where Digital Power Starts to Multiply
Fresh capital now funnels toward scaling low-cost Bitcoin mining and supercharging its push into AI-focused power infrastructure.
CleanSpark’s Texas data center project sits at the center of that plan, a site aiming to feed both compute and energy-hungry AI systems.
The company is building toward a moment when mining margins, power arbitrage, and AI workloads start overlapping in the same facilities.
You are watching a miner evolve into a modern power operator, one facility at a time.
Big Energy Moves, Bigger Horizons
CleanSpark is leaning into sectors that rise and fall fast but grow on long arcs, which is where real influence gets built.
The company wants to own the muscle behind compute, not just the headlines around it.
You get a sense that CleanSpark is preparing for a world where energy capacity becomes just as valuable as the chips running on top of it.
The shift feels less like a pivot and more like a blueprint for the next decade of digital infrastructure.

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Top Winners and Losers
Mersana Therapeutics Inc [MRSN] $27.43 (+209.24%)
Mersana soared after Day One Biopharmaceuticals agreed to acquire the company for up to $285 million, adding its promising B7-H4-directed ADC to the buyer’s oncology pipeline.
Intellicheck Mobilisia [IDN] $6.18 (+37.95%)
Intellicheck climbed after beating both revenue and earnings estimates, marking a return to profitability and 27% year-over-year revenue growth.
Cellebrite DI Ltd [CLBT] $19.28 (+20.73%)
Cellebrite rose after posting better-than-expected earnings and continued double-digit revenue growth, despite broader year-to-date stock weakness.

Korro Bio Inc [KRRO] $6.50 (-79.31%)
Korro Bio collapsed nearly 80% after its lead RNA‑editing therapy failed to meet efficacy expectations, forcing the company to abandon the program and delay new clinical data until 2027.
Ardent Health Inc [ARDT] $9.30 (-33.84%)
Ardent tumbled after revealing a $43 million revenue reduction and a $54 million reserve increase tied to past-period claims, overshadowing otherwise solid quarterly growth.
eGain Corporation [EGAN] $11.35 (-24.83%)
eGain fell more amid a broad tech sell-off driven by economic worries and cooling optimism around AI spending.

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Everything Else
Verizon is hanging up on 15,000 workers as part of a major overhaul, trimming the payroll to dial up profit bars.
Foreclosures surged 20% in October, flashing fresh warning lights that the housing market’s stress test is getting real.
OpenAI’s funding a startup built to stop AI from cooking up bioweapons, proving even machines need guardrails before genius turns grim.
China is reportedly tapping Anthropic AI to supercharge hacking efforts, turning artificial intelligence into a new kind of cyber weapon.
Toyota is recalling more than 126,000 cars in the U.S. after finding engines that could quit mid-commute—talk about an unwanted pit stop.

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— Adam G.
Elite Trade Club
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