Woke Build-A-Bear employee refuses use Charlie Kirk's name on toy: “We’re not doing this!”

Woke employee reportedly trashed the bear's “birth certificate” in front of a 16 year old customer...

Hello Capitalists,

Here is everything you should be following today:

• Build-A-Bear refuses to name soft toy “Charlie Kirk”

• Steak ‘N Shake plants the flag for America

• AMD stock soars 35% at market open on OpenAI chip deal news

• Trump to keep Bessent as IRS commissioner indefinitely

• Debt crisis worries fuel Gold and Bitcoin buying spree

• Bitcoin hits new All Time High with record busting ETF inflows

• Miami’s plans for World Cup 2026 and 1 million visitors

Today’s markets:

• 🔴 DOW: 46634.11 (⬇️0.27%)

• ✅ S&P: 6739.37 (⬆️0.35%)

• ✅ NASDAQ: 22936.91 (⬆️0.19%)

• ⚠️⬇️CBOE VIX Volatility Index: 16.62 (⬇️0.24%)

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Build-A-Bear in damage control after vile woke employee humiliates 16 year old girl

In a shocking clash of politics and playtime, a Seattle Build-A-Bear manager on September 26 refused to name a teen fan’s custom teddy bear after slain conservative icon Charlie Kirk, reportedly crumpling the birth certificate in protest and leaving the 16-year-old customer stunned—sparking corporate apologies and vows for staff training.

• Teen Fan’s Tribute Denied: Evi McCormick, 16, sought to honor admired role model Charlie Kirk—assassinated last month—via a personalized Build-A-Bear at the Southcenter Mall, citing his “elegant” speaking as inspiration amid a viral TikTok naming trend.

• Manager’s Abrupt Rejection: Unnamed employee declared “We’re not doing this,” discarded the certificate due to personal disagreement, forcing uncomfortable friend Kailie Lang to complete payment as McCormick fled the store, according to a report.

• Mother’s Swift Intervention: Amber McCormick confronted corporate headquarters for nearly an hour, securing a $20 gift card for subpar service and prompting deeper apologies for allowing politics to invade the family-friendly experience.

• Corporate Vows Neutrality: Build-A-Bear pledged Seattle-area employee training to bar political biases, emphasizing internal resolution while local managers stayed silent, highlighting risks of politicized retail spaces.

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Steak ‘n Shake hoists the flag for pure American patriotism….literally!

Indianapolis-based diner chain Steak ‘n Shake launched a bold patriotic push Saturday, erecting the nation’s tallest and biggest American flags at restaurants nationwide—from Texas to Ohio—celebrating heritage amid a surge of customer cheers for unapologetic American pride.

• Flags Tower Impressively: Each installation features American flags at maximum heights and sizes allowed by local governments, dwarfing typical displays to symbolize unyielding national devotion.

• Installations Roll Nationwide: Rollout targets all locations across states like Florida, Missouri, and Georgia, with initial setups already underway and employee photos capturing the dramatic unveilings.

• Heritage Fuels Initiative: Driven by the chain’s 90-year legacy and recent critiques of rivals like Cracker Barrel, the move reinforces commitment to family traditions and core American values.

• Customers Rally Enthusiastically: Social media buzz explodes with over 650,000 views, sparking pledges for more visits and boosting brand loyalty through shared patriotic fervor.

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AMD’s announces OpenAI deal, Ignites 35% Stock Explosion!

Advanced Micro Devices shares skyrocketed more than 35% before market open Monday after announcing a multibillion-dollar deal to supply up to 6 gigawatts of AI GPUs to OpenAI starting in 2026, boosting the chipmaker’s market position against Nvidia.

• Deal Fuels Revenue Surge: The agreement projects tens of billions in AMD revenue, with OpenAI acquiring up to 160 million AMD shares—about a 10% stake—tied to deployment milestones.

• Pre-Market Frenzy Peaks: AMD stock leaped 32.69% to $218.50 at 9:32 a.m. EDT, erasing AMD’s year-to-date lag after just 1% annual gain versus Nvidia’s 52%.

• AI Chip Rivalry Heats Up: This deal positions AMD as a key OpenAI supplier amid Nvidia’s $100 billion investment and OpenAI’s recent $300 billion Oracle cloud pact, which drove OpenAI to a $500 billion-valuation.

• Bubble Warnings Loom Large: Amazon’s Jeff Bezos cautions of an impending AI investment bubble, even as partnerships promise broad industry and consumer benefits.

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Trump will have Tres. Sec. Scott Bessent remain as IRS commissioner indefinitely

President Donald Trump has decided to retain Treasury Secretary Scott Bessent as acting IRS commissioner indefinitely, extending his temporary takeover after ousting Billy Long in August.

• Bessent’s Dual Leadership Burden: Bessent juggles Treasury oversight with IRS strategic direction, marking the first time a Secretary leads the tax agency permanently.

• IRS Gets A New CEO: Frank Bisignano, Social Security Administrator and ex-Fiserv CEO, steps in as new IRS CEO to manage daily functions while holding dual federal roles.

• Long’s Swift Diplomatic Rebound: Fired IRS head Billy Long, confirmed just months prior, rebounds, with Trump’s nomination as U.S. ambassador to Iceland.

• Fed Chair Hunt Accelerates: Bessent is currently interviewing 11 candidates to replace Jerome Powell by May 2026, narrowing down to finalists for Trump’s final pick.

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Debt crisis fears spark run to safety, Gold soars, Bitcoin hits new all time high

Gold and Bitcoin soared to record highs Monday as global debt fears in the U.S., Japan and France sparked a “debasement trade,” an investment strategy where traders and institutions allocate capital to hard assets perceived as hedges against the erosion of fiat currency value amid currency weakness and political turmoil.

• Debt Levels Escalate Globally: Mounting fiscal burdens in major economies are undermining currencies like the Dollar, Yen and Euro. This is echoing patterns from the global financial crisis of 2008 and the quantitative easing eras that followed.

• Japan’s Stimulus Shift Accelerates: Lawmaker Sanae Takaichi’s rise to prime minister fueled expectations of spending boosts, weakening the yen 1.6% against the dollar and lifting gold and Bitcoin to records versus the currency.

• France’s Turmoil Widens Spreads: Prime minister Sébastien Lecornu’s resignation and budget gridlock in a fractured parliament caused the Euro to slip 0.6% versus dollar, heightening bond risks and investor flight to alternatives.

• Momentum Trade Fuels Hedges: Experts at Pepperstone and JPMorgan cite self-reinforcing sentiment in precious metals and crypto, with the US dollar down 30% against Bitcoin this year.

Bitcoin rocketed to a new All Time High of $125,689 over the weekend in London, the first peak since mid-August. Demand for a safe-haven drove $3.2 billion in ETF inflows, and skyrocketing options bets amplified the frenzy.

• Record ETF Inflows Surge: Investor’s $3.2 billion surge into U.S. Bitcoin ETFs was the second-highest since their 2024 debut, with BlackRock’s iShares trust hitting $49.8 billion in open interest.

• Options Market Explodes: Combined open interest on Deribit and BlackRock’s ETF neared $80 billion—tenfold from early 2024—fueled by bullish call options comprising over 60% of activity in the past six months.

• Shutdown Sparks Debasement: The October 1 U.S. shutdown disrupted payroll data, driving the “debasement trade” that lifted gold past $3,900/oz alongside Bitcoin’s rally, while Ether held at $4,560 and XRP at $3.03.

• Volatility Looms Ahead: Experts eye $135,000 as Bitcoin’s next resistance price level and $150,000 as its next potential price target, but FalconX analysts warn options dynamics could spark liquidation cascades if leverage-fueled momentum falters.

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Miami has big plans for the future as it gears up for World Cup 2026

Miami is buzzing with anticipation as city leaders vow flawless execution for the 2026 FIFA World Cup, hosting seven matches at Hard Rock Stadium from June 11 to July 19 building on lessons from recent mega-events to cement a global legacy.

• Economic Boom Projected: Officials forecast a staggering $1.5 billion infusion from direct spending and long-term tourism gains, positioning the event as a catalyst for attracting new businesses and residents to the booming metropolis.

• Security Lessons Applied: Drawing from Copa América experiences, preparations include Super Bowl-level enhancements in fire rescue and policing, backed by millions in city contributions to handle the unprecedented crowds safely. Up to one million people are expected to attend.

• Housing Initiatives Launched: An $880 million investment targets the neighborhood of West Little River for 2,500 affordable units aimed at providing essential workers like teachers, firefighters and law enforcement housing, addressing growth pains amid rapid urbanization.

• Inclusivity Measures Ensured: There are plans for FanFests and local pricing strategies, including $12 cocktails without covers, with the aim to connect everyday Miamians to the festivities, fostering community ties in a “Central Park”-style central hub.

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