BREAKING: Hong Kong's GDP surged +5.2% YoY in Q3 2026, its 2nd-strongest growth rate since Q3 2021. This follows +4.2% YoY growth in Q2 and marks its 15th consecutive quarterly economic expansion. This comes as goods exports surged +30.4% YoY, up from +28.9% in Q2 and +23.8% in Q1, driven by surging global demand for AI-related electronics. At the same time, inbound tourism and domestic infrastructure investment further boosted economic activity. In the first 9 months of 2026, Hong Kong’s GDP surged +5.1% YoY, the strongest growth for that period in 5 years. Hong Kong is seeing transformative growth amid the global AI investment cycle.

Healthcare stocks are surging: The Healthcare sector has outperformed the Technology sector by +35.6 percentage points over the last 6 months, its largest 6-month rolling outperformance in 25 years. Healthcare stocks have rallied +31.7% over this period, while technology stocks have declined -3.9%. This marks a sharp reversal from the +45.6-percentage-point outperformance of Technology stocks recorded in early June. This century, only the period following the 2000 Dot-Com Bubble burst saw greater Healthcare outperformance. By comparison, during the 2008 Financial Crisis and the 2022 bear market, Healthcare outperformed Technology by +22.9 and +21.2 percentage points, respectively. Keep watching healthcare stocks.

I sat down with @DivesTech to break down the Jensen Huang controversy and what it means for Nvidia, China, and the entire AI industry. We also discuss Anthropic’s IPO, OpenAI, $TSLA, $SPCX, $PLTR, $CRWV, $META, and whether the AI bull market can survive this moment. YouTube: Spotify: Apple: TIMESTAMPS: 0:00 - Intro 0:56 - Will Jensen Huang remain Nvidia CEO? 4:57 - What this means for China & US chip exports 9:03 - The spy story: what’s really going on? 16:10 - The most resilient bull market ever? 21:33 - Anthropic IPO & falling valuation 23:12 - Frontier models vs. their partners 27:12 - OpenAI going public 30:26 - Marvell merger, leverage & AI’s first-phase winners 35:21 - CoreWeave, Nebius & Palantir 37:36 - SpaceX, Tesla & the midterm fallout 41:11 - Cybercab, robotics & China’s lead 43:30 - Still bullish on AI? 45:08 - Meta’s comeback

Current investor demand for US ETFs is unprecedented: US-listed ETFs attracted +$201 billion in inflows in October, their 2nd-largest monthly intake on record. In the past, only December 2025 saw a larger monthly inflow, at +$230 billion. Year-to-date, these funds have posted +$1.70 trillion in inflows, already surpassing the previous full-year record. This puts annual inflows on track for their 3rd consecutive annual increase. By comparison, US-listed ETFs attracted +$1.45 trillion and +$1.15 trillion in 2025 and 2024, respectively. Investor appetite for US ETFs remains exceptionally strong.

🚨🫵🏼 Rio Ngumoha on the Ballon d’Or: “It’s a dream, of course! I think I CAN win it”: “Harry Kane winning the Ballon d'Or is definitely big”. “It’s also helped English football because everyone’s seen one of us win the Ballon d’Or”. “It is definitely encouraging many more people to want to be known as the best player in the world… for me, I would like to achieve it and I think I can do it”, told Telegraph.

BREAKING: China’s PPI inflation rose +5.7% YoY in October, its largest YoY increase since June 2022. This also marks its 3rd consecutive monthly acceleration. By comparison, PPI stood at -3.6% in both June and July 2025. The surge was driven by higher energy and non-ferrous metal prices, alongside growing demand for AI-related hardware, pushing factory costs higher. Meanwhile, producer purchasing prices, which measure what factories pay for raw materials, energy and other production inputs, jumped +7.9% YoY, the largest increase since June 2022. Inflation is back in China.