Stock Pickers’ Bets | Twitter’s Leadership Upheaval | Nevada’s Gambling Rush

Plus: Meet The VCs Having Twice The Fun In Half The Time

Good morning.

U.S. small cap stocks and global banks are among the top stock picks for next year, according to investment strategists at BNY Mellon and Nuveen—but investor Cathie Wood is staying away from traditional lenders. We’re also looking at the leadership changes introduced by new Twitter CEO Parag Agrawal, and Nevada’s continuing gambling rush. Finally, don’t miss this story on how Operator Partners is making waves as a VC firm with no outside capital, where board seats don’t matter, and ownership stakes are flexible. Tune in tomorrow as we unveil our annual ranking of the world’s 100 most powerful women. 

In The News Today

A Myanmar court sentenced former leader Aung San Suu Kyi to four years in jail, 10 months after she was detained during a military coup.

Donald Trump-backed former Georgia senator David Perdue is reportedly planning to run against incumbent governor Brian Kemp in the Republican primary for the gubernatorial race in the Peach State.

Top Take-Aways

Star investor Cathie Wood weighed in on her support for bitcoin, the outlook for China and what her firm is buying now during an appearance at a conference organized by venture capital firm 500 Global.

Taking a different approach from Wood, a pair of investment strategists at trillion dollar firms said that U.S. small cap stocks and global banks are the two best sectors to bet on next year.

Elon Musk has resumed selling Tesla shares with unprecedented vigor, but he’s still some way off the 10% target he promised his Twitter followers. In total, the electric vehicle CEO has sold nearly 3.2% of his Tesla stake for some $5.8 billion in pretax cash.

New Twitter CEO Parag Agrawal announced a corporate restructuring that shifts the company’s hierarchy around three people, while two top executives will leave the social media giant.

A Booz Allen Hamilton employee in the PR department, who worked with the U.S. Cyber Command, has pleaded guilty to using the dark web to find child sexual exploitation material.

Nevada has collected more than $1 billion in gambling revenues from casinos for an eighth consecutive month in October this year, a sign that Las Vegas’ continued recovery is still in full swing.

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CloudTrucks, a startup that makes software for trucking entrepreneurs to manage their operations, has raised $115 million in a Series B round that brings the San Francisco-based startup’s valuation to $850 million.

Tips You Can Trust

Curiosity is emerging as an in-demand skill among employers. Here are five ways to demonstrate your curiosity to attract hiring leaders’ attention.

CNN’s recent decision to fire Chris Cuomo for helping his brother—former New York Gov. Andrew Cuomo—deal with a sexual harassment scandal, highlights five best practice of crisis management.

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