Good morning, investors. Today we’re covering, America’s top 30 stocks, the 50 companies building the AI gold rush, the biggest tech bubbles in history—and what all of it means for your portfolio, and much more.
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This Week’s Top Stories
NEED TO KNOW
The Top 30 U.S. Stocks
We lined up America’s biggest companies and compared their 10-year returns. Here are our top 4 findings.
1) NVIDIA Is the Extreme Outlier
NVIDIA’s 72.8% 10-year average return is impressive.
The next closest, AMD, sits at 56.8%.
NVDA outperforms AMD by +16 percentage points and is 2.5× higher than Apple’s 26.4% CAGR.
2) Semiconductor Dominance Is Real
In the Top 10, four names are tied to the chip ecosystem (NVDA, AMD, AVGO, plus TSM via indirect influence).
Their average return is roughly 53%, while the rest of the Top 10 sits near 26%.
3) Palantir = Data Gap + Statistical Anomaly
PLTR shows N/A because it hasn’t existed for a full decade (IPO: 2020).
That creates a serious risk tag:
No long-term compounding record
Returns front-loaded
Business not tested through a full economic cycle
When a company lacks 10 years of history, its likelihood of future regression is significantly higher.
4) Survivorship Bias Is Loud
Some of the lowest compounders on the list are still among the largest companies in America:
Exxon: 8.2%
GE: 8.8%
Coca-Cola: 8.7%
P&G: 9.9%
Size ≠ performance.
CHART OF THE WEEK
The 50-Stock AI Ecosystem
The theme of 2025 is unmistakable: AI is no longer a single-company story — it’s an ecosystem.
NVIDIA may dominate the spotlight, but the real transformation is happening across dozens of sectors that make AI actually work.
Look at the map:
Foundries like TSM and Intel are building the silicon.
Chips from NVDA, AVGO, AMD, ASML, and ARM are the literal brains.
Memory makers (MU, WDC, PSTG) are the bottleneck eliminators.
Networking (ANET, CRDO, CIEN) moves data at warp speed.
Optics transmits AI workload signals across fiber at insane speeds.
Hyperscalers (GOOGL, MSFT, AMZN, ORCL) buy every GPU in sight.
HPC miners help supply GPU compute.
Battery and energy companies fuel the enormous power draw of data centers.
AI is a +50-stock universe.
$TTD Bull & Bear Case
TTD beat earnings with $739M revenue and $0.45 EPS, but the stock still dropped. Amazon’s DSP push contributed to sharp selloffs, and the stock fell 17.4% in a month. Let’s take a look.
Bulls Say:
Trade Desk’s strength comes from its independent, transparent platform — a major advantage as advertisers demand better measurability and less bias than what Meta, Google, and Amazon offer.
Its real-time bidding algorithms and data tools are industry-leading, and if TTD can push widespread adoption of solutions like OpenPath, publishers could become deeply reliant on it. Supporters argue that TTD is structurally aligned with advertisers rather than the closed ecosystems of ad giants.
Bears Say:
But the problem is simple: most ad dollars still flow to the giants, and they have zero incentive to partner with TTD. Amazon, in particular, is now going after TTD’s open-internet turf with a scaled demand-side platform that can underprice competitors.
Convincing publishers to change infrastructure is hard, and Amazon’s aggressive tactics — including free head-to-head performance tests — are directly pressuring TTD’s margins.
The fundamentals aren’t collapsing — but competitive pressure is very real, and the market is pricing that in aggressively.
Anatomy Of A Tech Bubble
From railroads to the internet, the pattern never changes: the hype collapses, the weak die, and the survivors quietly become the backbone of the entire economy. AI is now walking the same path.
Across every major technology wave, one thing stays perfectly consistent: the cycle.
1️⃣ Capital floods in faster than real adoption.
2️⃣ Overbuilding happens because everyone assumes growth will never slow.
3️⃣ A crash wipes out the weak, indebted, and poorly managed players.
4️⃣ Survivors become infrastructure — essential, profitable, dominant.
The crash never destroys the technology. It destroys bad timing and bad balance sheets.
Railroads didn’t vanish. Electric grids didn’t fail. PCs didn’t disappear. The internet didn’t die.
What actually happened?
The number of companies shrank.
The survivors got massive.
Monopolies became stronger.
Costs collapsed → adoption exploded.
Why this matters in 2025 (AI, chips, cloud):
The AI boom mirrors every historical infrastructure cycle.
Some companies won’t make it — but the technology isn’t going anywhere.
The next decade won’t be defined by today’s hype…it’ll be defined by the survivors who become the new infrastructure giants.
Cathie Buys $GOOG At The Top
Cathie Wood just bought another $56 million worth of Alphabet — at its all-time high.
On Nov. 25, Cathie Wood’s ARK funds snapped up 174,293 shares of Alphabet (GOOG), worth roughly $55.77 million.
The timing? Alphabet had just hit an intraday record high of $328.67 on news it may supply AI chips to Meta.
This wasn’t her first move, either — Wood has acquired 210,430 GOOG shares this year, with 205,000 of them added in Q3, according to Stockcircle.
Despite the buying, Alphabet still isn’t a top-10 holding in ARKK.
This year, it’s up 38% YTD, beating the S&P 500’s 16.45% — yet over five years, ARKK sits at -6.18% annualized versus the S&P’s +15.28%.
Other Big Things Going On
🚀 Silver up 102% in 2025.
🤖 SoftBank panics over Nvidia sale.
🏦 FED stops QT, adds $13.5B.
⚠️ Alibaba flagged by Pentagon.
🤝 Accenture teams with OpenAI.