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Drone Developer Soars 84%
Good Afternoon!
Hey, everyone. It's Adam from Elite Trade Club.
Here’s what moved the market today.
Markets 📈
The market crawls into the Thanksgiving holiday with little more than a whimper, leaving U.S. indexes in a lurch. The Nasdaq Composite lost the most ground, dropping 115 points from yesterday.
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Technology
An intriguing new project called “Stargate” is reportedly underway, with Bill Gates and Microsoft leading the charge in AI innovation.
While details have been scarce, early footage has recently surfaced, revealing the scope of what Gates believes could reshape industries.
In 2016, Nvidia was just breaking onto the AI scene, and those who spotted its potential have since seen 20,000% returns.
Now, this new project could mark a similar opportunity, giving early investors the chance to benefit from the next wave of AI transformation.
Forbes describes Gates’ Stargate initiative as something that “will eventually reshape everything.” With AI expected to continue expanding into nearly every sector, this could be a pivotal moment for those watching closely.
Market-Moving News 📈
Dell Navigates AI Growth and Shifting Demand with Mixed Financial Results
Dell Technologies recently provided a mixed financial update, reporting stronger-than-expected earnings for its fiscal third quarter but falling short on revenue forecasts. The company also projected lower-than-anticipated figures for its fourth quarter, dampening market expectations. Despite optimism surrounding its AI business, the forecast resulted in a notable decline in the company's stock value.
For the third quarter, Dell experienced a modest increase in overall revenue compared to the previous year, driven primarily by growth in its enterprise infrastructure business. The segment, which includes servers and networking systems designed for artificial intelligence, saw significant expansion due to heightened demand for AI-related technology. However, its consumer-focused PC and laptop sales continued to decline, reflecting weaker demand in that segment.
Looking ahead, Dell expects a slower pace of growth as it navigates shifts in customer purchasing patterns and the rollout of next-generation AI technology. Delays in adopting newer systems have caused some clients to defer orders, contributing to a less predictable revenue stream. Despite these challenges, Dell remains a key player in AI infrastructure, supported by a strong pipeline of future orders.
While the company faces hurdles in consumer markets, its emphasis on AI solutions positions it for sustained relevance in emerging technology sectors.
Coffee Prices Soar as Global Supply Pressures Mount
Coffee futures have surged to levels not seen in decades, driven by growing concerns about global supply. Arabica beans, a popular choice for specialty coffee, have experienced a significant price increase, marking a steep rise throughout the year. This rally reflects heightened worries about production in major coffee-growing regions like Brazil and Vietnam, both impacted by adverse weather conditions. Brazil faced a severe drought earlier in the year, while Vietnam encountered a mix of dry spells and heavy rains during critical agricultural phases.
These supply challenges are reverberating across the coffee industry. Businesses along the supply chain have adjusted their pricing strategies, with many reducing discounts and increasing prices to offset rising costs. Some major coffee companies are also implementing changes to packaging and pricing to manage the higher expense of raw beans.
Market dynamics have further fueled the price surge, as speculative trading and hedging costs continue to drive volatility. While some producers are hesitant to sell at current prices, hoping for further gains, robusta coffee — typically used in instant blends — has also seen a sharp price hike.
As these developments unfold, consumers are likely to face higher costs, reshaping market trends and influencing purchasing behavior worldwide.
Rivian Secures Federal Loan to Advance Georgia EV Factory
Rivian has secured a significant loan commitment from the U.S. Department of Energy to support the development of a new electric vehicle factory in Georgia. The $6.6 billion loan is part of an initiative to bolster EV manufacturing and expand Rivian’s production capacity, particularly for its upcoming mid-sized and affordable electric vehicles. This facility, crucial to Rivian’s growth strategy, is projected to create thousands of jobs over the next decade and represents a major step forward in the company’s efforts to scale its operations.
The factory, planned for Stanton Springs North, aims to be operational by 2028 and fully staffed by 2030. It’s expected to play a pivotal role in producing Rivian’s next-generation models, contributing to the company’s goal of broadening its lineup while addressing increased consumer demand for electric vehicles.
This loan is part of the Advanced Technology Vehicles Manufacturing Loan Program, which has recently been revived to support EV development. Rivian’s financial challenges, including substantial losses and workforce reductions, make this funding a critical lifeline as it navigates a competitive and rapidly evolving industry.
Amid political uncertainties surrounding EV incentives, Rivian’s new Georgia plant underscores its commitment to innovation and its determination to remain a key player in the electric vehicle market.
Music
The music industry is on the verge of a massive transformation, with Goldman Sachs forecasting a $4.2 billion market emerging from the direct engagement between artists and fans.
At the heart of this shift is a company revolutionizing how music is monetized and consumed.
While streaming platforms have dominated for years, they’ve created barriers, preventing artists from directly connecting with their biggest supporters.
This company’s innovative technology bridges that gap, empowering artists to identify and reward superfans with personalized experiences—unlocking a new revenue stream in the process.
Protected by 15 granted patents, this company is leading a shift that could reshape the music landscape. Investors have a rare chance to get in ahead of this market’s rapid growth.
Top Winners and Losers 🔥
Unusual Machines Inc [UMAC] $9.89 (+84.51%)
Unusual Machines stock skyrocketed today after Donald Trump Jr. joined the team as an advisor.
SOS Limited [SOS] $9.93 (+42.88%)
SOS Limited did itself a huge favor by announcing plans to strengthen its crypto strategy with the purchase of up to $50 million in Bitcoin.
Iris Energy Ltd [IREN] $12.40 (+29.71%)
Iris Energy proved fruitful in its Q1 2025 earnings call, revealing strategic future plans and a spike in revenue.
Symbotic Inc [SYM] $24.00 (-35.86%)
Symbotic fell victim to its own accounting errors today, causing a sharp decrease in share price.
Dell Technologies Inc [DELL] $124.38 (-12.23%)
Dell Technologies lost ground after reporting mixed earnings in its Q3 report.
HP Inc [HPQ] $34.66 (-11.33%)
HP stock took a tumble today as the company’s quarterly revenue fell short of expectations.
AI
A groundbreaking new AI project, known as “Stargate,” is quickly capturing attention, with none other than Bill Gates and Microsoft at the helm.
Early footage from a recent investigation reveals a glimpse into what might be one of the most ambitious AI undertakings yet.
Forbes has described Gates' Stargate initiative as something that “will eventually reshape everything.” With AI already transforming industries, this project could open doors to entirely new possibilities, propelling tech to the next level.
In 2016, Nvidia marked a turning point in AI stocks, and early investors saw a phenomenal rise of over 20,000%.
Stargate could present a similar breakthrough for those looking to be ahead of the curve in AI advancements.
That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!
Thanks for reading. I'll see you at the next open!
Best Regards,
— Adam G.
Elite Trade Club
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