Today is Thursday, November 20, 2025.

The Early Bird Index today is 76.51.

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The second annual Dynamo Frontline Insight Report offers a definitive look at AI trends and future plans within the private investment community. Based on primary surveys of nearly 100 global General Partners (GPs) and Limited Partners (LPs), this report provides actionable information on the future direction of AI in private investments.

Discover the key trends shaping the industry, including the emergence of data centers and infrastructure as the top investment target for 2025. The report reveals a significant jump in AI integration into standard business processes, with nearly 49% of GPs now emphasizing data analysis and predictive modeling. As 88% of LPs plan to increase their AI allocations in the next year, firms that can effectively leverage AI will gain a significant performance edge.

This report unpacks the shifting perspectives of LPs and GPs, detailing AI-driven investment strategies and the critical alignment between LP priorities and GP operational challenges. Understand how to enhance operational efficiency, improve decision-making, and secure a competitive advantage in an evolving market. This is the essential guide for navigating AI's impact on private investment.

Nvidia $NVDA ( ▼ 2.2% ) jumped 5.08% in after-hours trading on Wednesday after posting strong financial earnings results. The CEO also delivered bullish comments.

Financials: Nvidia reported earnings of $1.30 per share in the past quarter and revenue of $57 billion. Both were better than expected.

Powering the Story: The company’s data center revenue jumped 66% thanks to strong sales of its Blackwell chips.

Quote: “Blackwell sales are off the charts, and cloud GPUs are sold out. We’ve entered the virtuous cycle of AI.” - CEO Jensen Huang.

Stock Price: Nvidia’s stock was already up over 34% this year.

Early Bird’s Nest Egg Gains: Nvidia's explosive growth is powered by continuing AI infrastructure investment; data center demand remains robust, driven by cloud providers, enterprises, and consumer internet companies pushing the adoption of generative AI tools.

Final Thoughts: Nvidia’s strong results on Wednesday also boosted other AI stocks in after-hours trading.

Notable Earnings Today: Walmart (NYSE: WMT), Gap (NYSE: GAP), Webull (Nasdaq: BULL), Intuit (Nasdaq: INTU), Ross Stores (Nasdaq: ROST), Veeva Systems (NYSE: VEEV), Bath & Body Works (NYSE: BBWI), Shoe Carnival (Nasdaq: SCVL), Construction Partners (Nasaq: ROAD), Elastic (NYSE: ESTC), UGI (NYSE: UGI), Warner Music Group (Nasdaq: WMG), Vipshop (NYSE: VIPS), Post (NYSE: POST), Allot (Nasdaq: ALLT), Atkore International (NYSE: ATKR), ATRenew (NYSE: RERE), Copart (CPRT), Esco Tech (NYSE: ESE), Jacobs Solutions (NYSE: J), Magnera (NYSE: MAGN), Maximus (NYSE: MMS), Nano-X Imaging (Nasdaq: NNOX), Tsakos Energy Navigation (NYSE: TEN), VNET Group (Nasdaq: VNET), ZIM Integrated Shipping Services (NYSE: ZIM).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: RISE Robotics (Wefunder), Kulena Spirits (StartEngine).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Building Permits (8:30 a.m. ET), Philadelphia Fed Manufacturing Index (8:30 a.m. ET), Philly Fed Employment (8:30 p.m. ET), Existing Home Sales (10:30 a.m. ET).

Despite posting good financial earnings results on Wednesday, the cybersecurity company Palo Alto Networks $PANW ( ▼ 7.62% ) fell 3.70% in after-hours trading.

Financials: Palo Alto Networks reported earnings of 93 cents per share in the past quarter and revenue of $2.5 billion. Both were better than expected.

Powering the Story: Palo Alto Networks played it safe with its forecast. On Wednesday, the company said it expects revenue in the current quarter to grow 14% to 15%, which is lower than the 16% growth in the past quarter. Investors did not like this.

Final Thoughts: Shares of Palo Alto Networks were already down 5% in the past 30 days.

Regeneron Pharmaceuticals $REGN ( ▲ 5.07% ) jumped 4.45% in after-hours trading on Wednesday after announcing FDA approval for Eylea, its new macular edema treatment.

Final Thoughts: Regeneron is up over 21% in the last 30 days.

No Cuts About It: December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show (New York Times)

Mega AI Partnership: AMD, Cisco and Saudi's Humain launch AI joint venture, land first major customer (Reuters)

Slower Consumer Spending: Target may have hit rock bottom (CNN)

“Sell” Signal: Bearish Bitcoin signal fires, raising chance for a 77% price drop (Cointelegraph)

Coming Soon: BlackRock files Delaware name registration for iShares Staked Ethereum ETF (The Block)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}