Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty ImagesGood morning! Here is the latest in trending:MBS visit: President Trump will greenlight Saudi Arabia's long-sought purchase of Lockheed (LMT) F-35 stealth fighters, describing the kingdom as a "great ally."Tech holdings: Peter Thiel's fund offloads its entire Nvidia (NVDA) stake, while Warren Buffett's Berkshire Hathaway (BRK.B) reveals a new stake in Alphabet (GOOGL).SEC ruling: Companies can now exclude shareholder proposals from proxy materials, in a move that could make investor activism more difficult.Bitcoin (BTC-USD) has fallen below $90,000 for the first time in seven months, underscoring a broader pullback in investor risk appetite. The cryptocurrency has even wiped out its gains for 2025 and now sits nearly 30% below its October peak above $126K. The latest slump comes as economic pressures intensify, with renewed worries over interest rates and increasingly stretched valuations across speculative assets.Buying the dip: Strategy (MSTR), led by bitcoin evangelist Michael Saylor, has continued to step up purchases during the downturn. Last week, the firm acquired 835.6M of the token, bringing the value of its total bitcoin holdings to around $60B. "We're buying quite a lot," Saylor declared, maintaining that "bitcoin is always a good investment," but only for those who can manage the volatility by holding it for at least four years."MSTR now trades at a premium to the value of its bitcoin, but a narrower premium than in the recent past. That's OK. Intelligent leverage deserves some sort of premium," Seeking Alpha analyst Marc Gerstein writes in Strategy's Bitcoin Treasury: Different Securities For Different Investors. "Beyond that, MSTR is raising capital through various preferred issues, each of which is an interesting income vehicle."The $90,000 question: Some are more nervous about a broader bear market or catching a falling knife, especially with bitcoin historically losing a lot more than 30% during bearish times. Increased outflows, liquidations, and profit taking may also prolong any downturn should technical supports continue to break. If a full crypto winter ensues, the duration from a bitcoin market peak to the subsequent market bottom could be around a year, so don't bet on any quick recoveries. (16 comments)Here's the latest Seeking Alpha analysis5 Top Utility Stocks Powering The Global GridNvidia Stock Forecast: The Path To $6 TrillionThe Dark Side Of REIT InvestingGPIQ Is Becoming The King Of The Covered Call ETFsThe 3% World: The Bond Market Tells What The FED Won't Say (But Markets Don't Care)What else is happening...WSB survey results: Breaking the Boeing-Airbus duopoly not likely.China’s rare-earth exports slow amid ongoing talks with U.S.Amazon (AMZN) raises $15B in first U.S. bond sale since 2022.UK set to ban resale of live show tickets above face value.Novo (NVO) cuts direct-to-user prices for Wegovy, Ozempic.Does the Visa (V), Mastercard (MA) settlement go far enough?Chevron (CVX) joins race to explore buying Lukoil foreign assets.Fed's Waller argues for another 25-bp rate cut in December.Travel stocks fall on Google's new AI-fueled search engine.SpaceX (SPACE) completes 500th mission with reusable rocket.Today's MarketsIn Asia, Japan -3.2%. Hong Kong -1.7%. China -0.8%. India -0.3%.In Europe, at midday, London -1.2%. Paris -1.3%. Frankfurt -1.2%.Futures at 7:00, Dow -0.5%. S&P -0.3%. Nasdaq -0.4%. Crude +0.2% to $60.01. Gold -0.9% to $4,039.20. Bitcoin -4.2% to $91,403.Ten-year Treasury Yield -3 bps to 4.11%.On The CalendarCompanies reporting today include Home Depot (HD) and Baidu (BIDU).See the full earnings calendar on Seeking Alpha, as well as today's economic calendar.