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THE HIGH WAY OPENS Welcome home, Starship.. History has a new dawn, and it rose over Starbase today. After twenty-two hours aloft and fourteen silver circuits of our sleeping, shining Earth, Ship 42 came home. It fell through fire and cloud, turned upright with breathtaking grace, and settled into the waiting arms of the tower, the first time a starship returning from orbit has ever been caught! Yay! For generations, spacecraft came back to us as wreckage or relics. Today one came home whole, ready to rise again. Every heart that longs for the Moon and Mars just drew a little closer to it: a world where ships go up, come back, and fly once more, where the heavens become a highway rather than a wall. The first dream was simply to rise, to slip the bonds of Earth and touch the sky. But a single ascent is a moment; reusability makes it a road. What goes up and returns ready to fly again turns a heroic venture into a faithful rhythm, and a rare voyage into a way of life among the stars. Congratulations to you, @SpaceX and to every engineer, technician and flight controller who carried this dream through long nights and hard lessons. You have turned the impossible into the inevitable. You have extolled the name of God our Creator and his greatness. To him we give all the glory, honor and praise, he who opened the way to the stars for us to have more than a home. "He reached down from on high and took hold of me." (Psalm 18:16) @elonmusk 💯♥️ Video via @mattvanswol

Did Rubio's intervention really help topple Jensen? Last night was my poker night. Of course we talked about Nvidia. About Jensen Huang. And honestly? Nobody at that table likes Rubio. And nobody, nobody likes Trump. But look at the clock. Thursday. Jensen resigns. That same afternoon, the spy story starts falling apart. The AG: "no conclusions" on whether Alice Huang is a spy. Then CNN, 5:32 PM: the intel community says the evidence "does not prove" she was a spy. Officials close to the DNI call the spy label "over-torqued." Even the CIA is "not yet convinced." And yet. 5:43 PM. 11 minutes later. @WSJ runs a column by @Peggynoonannyc. Who is she? Reagan's special assistant and speechwriter. George H.W. Bush's "Read my lips: no new taxes"? She wrote that line. Pulitzer Prize winner. A WSJ columnist for 26 years. About as GOP establishment as it gets. Her headline: "Jensen Huang Is a White House Scandal." Her question: "What did Trump know and when?" Her verdict: "Potentially Teapot Dome-size, Watergate-size." Watergate. Over a spy case the DOJ, the DNI, and the CIA can't even confirm. The arrogance is stunning. It doesn't matter if the spy story holds up. The targets are moving right on schedule. Step one: take down Jensen. Step two: the White House. Now look at the next day. Friday, 4:45 PM: @washingtonpost publishes "Behind Jensen Huang's spy scandal, a shadow war for Trump's ear on China." The subhead already has Rubio's name on it: "Rubio's intervention helped topple" Jensen. 5:00 PM: @SecRubio takes the stage at the Federalist Society. If you've never heard of the Federalist Society: it's the most powerful conservative legal network in America. It built the pipeline that put Gorsuch, Kavanaugh, and Barrett on the Supreme Court. It shapes how a whole generation of judges reads the Constitution. Speak there, and you're auditioning for the conservative legal elite. This was Rubio's first big speech since the GOP's midterm wipeout. For weeks, everyone has been asking one question: is he running in 2028? And what did America's top diplomat say? "America has always and, I believe, will always be a nation of irrepressible ambition." "We, Americans, we are not passive, an inward-looking people." "The ultimate question of our time is whether Americans have a moral right to exist as a distinct nation and a distinct people." That's not a Secretary of State speech. That's a campaign speech. Listen closely and you'll hear it. A carefully prepared script, and Rubio still stumbled over his words. He was nervous. This audition meant too much to him. And right on cue—15 minutes before he walks into that room, the Post crowns him the man who took down America's most powerful tech CEO. Perfect timing. You're telling me the Post reporters who cover him every day knew nothing about his schedule? Nothing about what that speech meant? I'm not defending Rubio. I'm not defending Trump. I already told you how my poker table feels about them.The coincidences here are just too perfect. One more thing. A retired lawyer at our table told me something I had completely missed. Who is investigating Jensen? Nvidia's independent directors hired Joon Hyun Kim. I don't know who on Nvidia's board picked him. But another Asian American? Just like Ted Lieu. Just like Grace Meng. The classic racism shield. Sound familiar? I just posted about this exact playbook. And his firm? Wachtell, Lipton, Rosen & Katz. Wachtell. @OpenAI's longtime law firm. The firm on OpenAI's $110 billion funding round. Back to Thursday, the day Jensen resigned. That afternoon, Politico reports OpenAI has quietly told Congress it now backs the chip-control bills. The firm investigating Jensen works for the company that switched sides the day he fell. The Republican establishment. The Democratic establishment. The Ivy League elites. The power. The headlines. The targets. Same direction. Same 48 hours. All just coincidence? Anyone who's played poker knows: bluff hand after hand, and sooner or later somebody at the table calls. Not a dime for $ANT.

Question for everyone in Canada: which grocery item has surprised you most at the checkout lately? Here's what the latest data shows. According to Statistics Canada, grocery prices rose 1.7% year over year in September, the smallest increase since May 2024. Fresh vegetables were down 2.9% and sugar and confectionery down 2.7%, while fresh or frozen beef was still up 8.7%. But averages don't always match what you see on the shelf. Tell us the item and the price where you live 👇 October numbers should be out next week, and we'll see if your experience matches the data Source: Statistics Canada, September 2026 CPI 
#Canada# #groceries# #food# In-depth reports at

Given NYT article, I think Jensen is gone at $NVDA, potentially by tomorrow morning with my guess the CFO as interim-CEO. But I think the stock bottoms on a RELATIVE basis compared to the semi index post earnings next week at the latest. The new interim CEO will probably want to set a low bar and the stock could trade at a single digit PE vs 11x currently on CY26. There are 40K employees at Nvidia and Jensen was a generational CEO but the pipeline of products I believe will sustain the company for ~2 years. There is a deep bench of direct reports. The analogy I would give is Steve Jobs took his medical leave in Jan-2011 and sadly died in October. $AAPL stock however rose 26%/26% in 2011/12 vs S&P 0/+12% Nasdaq -2/+14% on blistering revenue growth of 66%/45% in FY11/12. It took till year 3 for Apple revenue growth to slow dramatically to <10% in FY13 and then the stock massively underperformed that year. For the AI trade and Nvidia’s stock, the bigger question for me remains the same. Was June 22nd the top in the AI trade overall? I do not think so given Agentic AI just started this year. OpenClaw came out in January for the tech savvy and Muse from Meta for the rest of us in September with others introduced since then. Agentic requires 10-100x more tokens. But time will tell if that was THE TOP. From a technical standpoint, it does not matter if that was THE TOP. There has been forced selling in AI stocks and this Nvidia news is likely to clean out the rest. Why does it not matter? Even if it is March of 2000 and Nasdaq declines 78% from peak to trough over 2 ½ years, there were still 7 rallies that averaged 25% along the way back then. I think another one started on 11/5 but time will tell. Stay nimble and best of luck.

BREAKING: Nvidia chief executive Jensen Huang had an extramarital relationship with Kimberly Powell, the company's vice president of health care, who reports to him, according to 5 people who worked at Nvidia, The New York Times reports. Jensen Huang, 63, and Powell, 48, were filmed being affectionate at a San Jose hotel during Nvidia's conference in March, 2 of those people told the paper. The Times has not seen the video. 3 people briefed on the incident said Jensen’s security sequestered the bystander who filmed it and offered a nondisclosure agreement. Asked about Powell, Jensen told the Times, "I don't think you should be talking to me directly," and hung up. Nvidia declined to comment. Powell did not immediately respond. Nvidia shares fell more than 3% after hours, CNBC reported. It lands days after Jensen admitted an affair with a woman U.S. intelligence determined is a Chinese spy, according to the Times. China denies the claims. Nvidia's board already has Wachtell, Lipton, Rosen & Katz investigating that relationship. The first story was a security question. This one is a governance question, and boards have answered it before. In June 2018 Intel's chief executive Brian Krzanich resigned after counsel confirmed a past consensual relationship with an employee broke a policy covering all managers. Nvidia's code of conduct tells staff to avoid conflicts including "personal relationships". The reporting line and the nondisclosure offer are now on the board's desk. My call is that Jensen Huang is still chief executive when Nvidia reports results on 17th November, US time. Nvidia has said he stays in the role during the review, and Intel acted only after counsel confirmed a breach. I am wrong if Jensen resigns, is removed or goes on leave before the results release.

RWA perpetuals moved the other way. Volume rose 24.1% to $611B across major centralized exchanges. SOXL, a 3x leveraged semiconductor ETF, more than doubled to $89.1B, making it the fifth-largest asset by derivatives volume after BTC, ETH, SOL and ZEC.

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We had a fantastic day yesterday at Sunningdale Golf club, celebrating the work of the Foundation and fundraising for its future. It was great to spend time with everyone who came and made it such a special day. Thanks to the generosity of our supporters, The @RoseFoundation1 will be able to reach even more disadvantaged and disabled children.

🎃🌹 The Pumpkin Rose of Haute Couture 🌹🎃 ✨ "The most unforgettable masterpieces are not created by blending in. They are born when imagination blooms boldly and confidence dares to wear its own colors." 🧡🖤👠👑🍂💎