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Happy Sunday!
Last week, I shared the latest 13F visuals featuring the top positions of the worldâs best investors.
For those who missed it, you can explore over 20 portfolios on my website.
Itâs a great resource for idea generation and tracking how top investors allocate capital.
Check it out by clicking the button below!
Some key data bites from this week that you should know:
Bloomberg shared a list of the top 10 companies to track in Q4 2025.
Dan Ives presented his top 6 AI stocks he thinks could be acquired.
Apolloâs Chief Economist shared 12 charts that show the economy is strong.
Costco will sell Ozempic and Wegovy for half price at $499/month.
U.S. gold reserves crossed $1T for the first time.
CoreWeave signed a $14.2B long-term cloud deal with Meta.
U.S. will impose 100% tariff on movies made outside the country.
Emerging markets just logged their 9th straight monthly gain, the longest run in 21 years.
AI boom will require $7T in global investment.
BlackRockâs GIP is looking to acquire Aligned Data Centers for $40B.
Tom Lee sees the S&P 500 crossing 7,000 by year-end.
Snapchat will charge users for keeping over 5GB worth of memories.
Exxon Mobil will cut 2,000 jobs, about 4% of total workforce.
Private companies cut 32,000 jobs in September, biggest decline in 2.5 years.
In todayâs newsletter:
đ Most Valuable Automakers
đ Tesla Sees Record Deliveries
đ° Buffettâs New Acquisition
đĽ OpenAI vs Exxon Mobil
âď¸ Nike Breaks A Losing Streak
Letâs jump right in.
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EVs are taking a bigger share of the road.
According to Cox Automotive, electric vehicles are on track to make up a record 10% of new car sales in the U.S.
EV sales are expected to hit 410,000 in Q3, up more than 20% YoY.
Much of that growth came as buyers rushed to take advantage of the $7,500 federal tax credit before it expired at the end of September.
Tesla is the clear leader in the space, selling more EVs than the next four brands combined in the U.S., and worth more than the next nine automakers combined.
And thanks to Teslaâs rise, along with his other ventures, Elon Musk recently became the first person in history to reach a $500B net worth.
Naturally, Tesla, the worldâs leading EV maker, was one of the biggest beneficiaries of the pre-expiration rush.
The company posted its biggest quarter ever, delivering 497,099 vehicles in Q3, a 7% YoY increase and well above the 447,600 estimate.
Ford also saw a boost in Q3, with sales climbing 8.2%, driven by strong truck demand and growing EV adoption.
Teslaâs record comes despite waning consumer demand in Europe, backlash against Elon Muskâs political activism, and rising competition across the EV space.
The company will release its full Q3 financial results on October 22nd.
Is this Warren Buffettâs last big deal?
On Thursday, Berkshire Hathaway announced plans to acquire Occidental Petroleumâs petrochemical unit, OxyChem, for $9.7B in cash.
Itâs Buffettâs largest acquisition in three years, following Berkshireâs $11.6B purchase of insurer Alleghany in 2022.
With $344B in cash and equivalents as of Q2 2025, Berkshire still holds a massive war chest, larger than the market caps of companies like UnitedHealth Group, Coca-Cola, and AMD.
But this deal could mark the end of an era.
Buffett is set to step down as Berkshireâs CEO at the end of 2025, passing leadership to Greg Abel.
OpenAI continues to hit new milestones.
This past week, the company completed an employee stock sale valuing the firm at $500B, a nearly 70% jump from its prior $300B valuation earlier this year.
Current and former employees sold roughly $6.6B worth of shares to investors.
According to The Information, OpenAI generated $4.3B in revenue during the first half of 2025, already 16% higher than all of 2024.
However, the company also burned through $2.5B on R&D and infrastructure to support ChatGPT and model development.
Putting things into perspective: at a $500B valuation, OpenAI is now worth more than Exxon Mobil, even though Exxon generated 92x more revenue last year.
Investors are clearly betting that OpenAIâs growth story is only just beginning.
Is Nike turning a corner?
Nike is in the midst of a turnaround led by longtime company veteran and new CEO, Elliot Hill.
Sales grew 1% in the most recent quarter, reversing expectations for a midâsingle digit decline, while both earnings and revenue topped estimates.
Earnings came in at $0.49 per share versus $0.27 expected, though still down 30% from last year.
Revenue reached $11.72B, beating forecasts of $11B.
Through Hillâs Win Now program, Nike highlighted progress in North America, Wholesale, and Running.
However, China remains a weak spot, with sales down 9%, showing the turnaround hasnât reached every market yet.
Management said the recovery is underway but will take time and wonât be linear.
As Nike clears out old inventory, invests in new initiatives, and manages tariffs, profitability remains under pressure.
Looking ahead, Nike expects sales to fall by a low single digit percentage in the current holiday quarter.
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đşđ¸ Political Stalemateâ - The U.S. government shutdown after Republicans and Democrats failed to get enough bipartisan support for their proposals.
â ď¸ Market Warningâ - Famous investor Leon Cooperman believes weâve reached the stage of the bull market that Warren Buffett warned about.
đž Foundry Dealâ - Intel is in early talks to add AMD as a foundry customer.
đŹ Chat Targetingâ - Meta will be using peopleâs AI chats to personalize ads across its apps.
đ Drug Dealâ - Trump administration struck a deal with Pfizer to cut U.S. drug prices in exchange for tariff relief and new domestic investments.
𦾠Robo Catalystâ - Nvidia launched new open models and simulation libraries to accelerate robotics R&D.
đš Global Expansionâ - Robinhood reached an all-time high after the company announced it would be expanding its prediction platform out of the U.S.
đ˛ Vision Feedâ - OpenAI launched a new social app for AI-generated videos called Sora.
đŞ Trump Blockedâ - Supreme Court refused to let President Trump oust Fed Governor Lisa Cook.
đ§ Founder Farewellâ - Spotify announced founder and CEO Daniel Ek will step down beginning January 2026.
đ¤ Checkout Partnershipsâ - OpenAI launched Instant Checkout, letting users buy single items from Etsy now, with Shopify support coming soon.
âď¸ Sky Dominanceâ - Deltaâs CEO expects most U.S. airlines to lose money, with Delta and United capturing the bulk of industry profits.
đşđ¸ Economic Accelerationâ - Goldmanâs CEO expects the U.S. economy to accelerate into 2026, driven by ongoing stimulus and tech investments.
𫧠Industrial Bubbleâ - Jeff Bezos said AI is in an âindustrial bubbleâ but the technology is ârealâ and is going to change every industry.
Courtesy of our affiliate partner, EarningsHub.
Notable Companies Reporting Earnings Week of October 5th, 2025:
Major Trades Published 9/29 - 10/3. Trades may be those of family members. [Source: 2iQ]
Buys
Cleo Fields (D)
Company: Alphabet ($GOOGL)
Amount Purchased: $131K - $365K
Company: Oracle ($ORCL)
Amount Purchased: $80K - $200K
Company: Meta Platforms ($META)
Amount Purchased: $65K - $150K
Company: Nvidia ($NVDA)
Amount Purchased: $50K - $100K
Markwayne Mullin (R)
Company: Intuitive Surgical ($ISRG)
Amount Purchased: $50K - $100K
Company: UnitedHealth Group ($UNH)
Amount Purchased: $15K - $50K
Company: Intuit ($INTU)
Amount Purchased: $15K - $50K
Sells
Markwayne Mullin (R)
Company: Westinghouse Air Brakes Technologies ($WAB)
Amount Sold: $31K - $115K
Company: Adobe ($ADBE)
Amount Sold: $15K - $50K
Major Trades Published 9/29 - 10/3
Buys
Atlassian Corporation ($TEAM)
Insider: Scott Belsky (Director)
# of Shares Purchased: 1,566
$ Amount: $239,752
SEC Forms: [1]
Sells
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