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October 14, 2026 The Appetizer “I leave grateful, proud, and at peace. Thank you for everything.”
Now, on to the numbers. Drum roll, please …
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Dig In You probably used space technology several times today without realizing it. Checked the weather? Streamed a football game on a flight? Sent a text from a remote area? There’s a good chance a satellite played a role. When people think about the space economy, they often picture astronauts, moon missions, and sci-fi-worthy technology. The reality is much more Earth-focused. Satellites already help power communications, navigation, weather forecasting, agriculture, transportation, and national security. What’s changing is the economics. The cost of getting equipment into orbit has fallen dramatically, making it easier for companies and governments to invest in space-based technologies. As access becomes more affordable, new opportunities continue to emerge, from satellite broadband and Earth observation systems to more experimental ideas like orbital data centers. Not every idea will take off, and some applications remain years away. But the broader trend can seem hard to ignore: Space is evolving from a destination into infrastructure. In our view, the opportunity for investors can go beyond rockets and into the technologies and services being built above our heads. Check out our Long-Term Investment Themes, one of which highlights the Space Race as a subtheme. |
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Weekly Specials New York City may have its share of expert parallel parkers, but Philadelphia now has an official champion. At Philly’s first parking championship, Mario Zucca won in a good-looking 2012 Mazda with 155,000 miles on it. His prize? $76 (the cost of a parking ticket) and a trophy made from a street curb. These cats have a pretty good gig: taste-testing dinner. At Royal Canin’s research center, cats choose between kibble recipes while nutritionists track their preferences. Pet food companies are investing big in pleasing picky eaters, and the humans who consider them family. Francis Halzen, 82, won the Nobel Prize in Physics for helping build a telescope buried in South Pole ice. It detects tiny particles from space called neutrinos, helping scientists trace where they came from and what created them. Yeah, I’m still wrapping my head around it, but it sounds sick. Bass fishing isn’t just a weekend hobby anymore. Apparently, it can pay: One high school champion won a $25,000 boat and a $5,000 college scholarship. With youth fishing programs growing, a rod and reel could be your ticket to a college education. |
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Corporate Lunch Ford has a new employee of the month: a hawk named El Charro, hired to keep pigeons away from freshly painted trucks. After billions spent on automation, Ford’s latest manufacturing innovation comes with feathers. Boeing secured a $14.7 billion contract with Lockheed Martin to ramp up Patriot missile production. A reminder that not everything Boeing makes comes with complimentary pretzels. Porsche is cutting 25% of its workforce and moving upmarket, while Rolls-Royce is focusing on even pricier custom cars. Luxury brands have discovered a fascinating growth strategy: sell less and charge more. Delta is the only Big Four airline refusing to use Elon Musk’s Starlink, choosing Amazon’s in-flight Wi-Fi instead. The decision has sparked some turbulence, though not the kind Delta’s pilots are trained to handle. Chick-fil-A says it will remain family-owned despite its rapid expansion and $23.9 billion in annual systemwide sales. Some family recipes are just too good to share with Wall Street. |
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