DC Lite #744

"Bloomberg Intelligence projects that generative AI alone could generate $1.8 trillion dollars in annual revenue by 2032"

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Daily Chartbook
November 05, 2025

Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.

1. ADP. The US added 42k jobs in October (vs. 25k est, 29k prev) driven entirely by large firms as both medium- and small-sized companies shed jobs for second consecutive month. Gains were concentrated in the services sector (+33k).

2. USD technicals. "Based on our technical indicators, the bounce in the dollar could have further to run."

3. Crypto lending. The recent drop in crypto prices was preceded by a record-breaking $73.6 billion in crypto lending in Q3.

4. Positive YTD. "Before the S&P 500 fell in March, 65.4% of stocks were positive in 2025. The market hasn't been able to hit that level since then. Currently barely half of the constitutes still in the green despite the Index being less than 2% from an all-time high."

5. AI projections. "Bloomberg Intelligence projects that generative AI alone could generate $1.8 trillion dollars in annual revenue by 2032, representing up to 16 percent of global technology spending."

ICYMI

DC Lite #743

"LinkUp just forecasted that the U.S. economy lost 5,000 jobs in October"

www.dailychartbook.com/p/dc-lite-743

DC Lite #472

"Companies offering negative surprises have been heavily, heavily punished"

www.dailychartbook.com/p/dc-lite-472

DC Lite #471

"When a cycle doesn’t follow its usual pattern, it says something about the underlying trend"

www.dailychartbook.com/p/dc-lite-471

DC Lite #470

"Today, the US government shutdown officially became the second-longest in history"

www.dailychartbook.com/p/dc-lite-470

DC Lite #469

"This is what we generally want to see in the later stages of a cyclical bull market"

www.dailychartbook.com/p/dc-lite-469

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