Stock Market Feed

HSBC: “DON'T WASTE A GOOD SELL-OFF” — 11 STOCKS TO BUY HSBC says the market correction is overdone, with tech and industrial stocks down 8–9% over three months and some sectors nearly 20% below their peaks. HSBC's 11 Buy-rated picks: $GOOGL — Alphabet $AMAT — Applied Materials

NVIDIA SHARES EXTEND PREMARKET LOSSES, LAST DOWN 8%

PUTIN: SAYS HE WOULD LIKE PEACE IN UKRAINE TO LAST FOREVER - IFX

$NVDA - INVESTORS RUSH TO BUY NVIDIA DIP DESPITE CEO CRISIS Nearly 90% of Nvidia trades by Saxo clients from Monday to Wednesday were buys, signaling aggressive dip-buying. Nvidia was traded 12 times more than any other stock on the platform. Yet shares fell another 8.4%

PUTIN: FOR RUSSIA, THERE IS ONLY ONE DEMARCATION LINE WITH UKRAINE – STATE BORDER - IFX

TRUMP THREATENS TO DOUBLE TARIFFS ON MEXICO OVER MIGRANT CARAVANS President Trump threatened to immediately double tariffs on Mexico unless it stops migrant caravans heading toward the US border. Trump claimed large caravans are forming following Republican midterm losses,

TRUMP ON TARIFFS: MEXICO MUST STOP CARAVANS, NOW, AND IF THEY DO NOT DO SO, TARIFFS ON MEXICO WILL BE IMMEDIATELY DOUBLED

MARKET MOVERS 🔴 DOWNGRADES $NVDA: Downgraded to Market Perform by Bernstein SocGen Group; PT cut to $200 from $400 $NVDA: Downgraded to Perform by Oppenheimer; PT withdrawn $NVDA: Downgraded to Market Perform by William Blair $NVDA: Downgraded to In Line by Evercore ISI; PT

*WHITE HOUSE ISN'T INTERVENING IN NVIDIA BOARD'S DECISION: WAPO

*COREWEAVE EYES AT LEAST $4B FROM INVESTMENT-GRADE LOAN SALE

*COREWEAVE SHARES FOLLOW NVIDIA LOWER, DOWN 6%

$NVDA - *NVIDIA SHARES EXTEND DECLINE TO 8.5% POSTMARKET

$NVDA - NVIDIA BOARD REPORTEDLY PREPARING TO OUST CEO JENSEN HUANG Nvidia is reportedly preparing to remove founder and CEO Jensen Huang following revelations of two extramarital affairs, including one involving a suspected Chinese intelligence operative. The board could meet

NVIDIA $NVDA PREPARING TO OUST NVIDIA CEO JENSEN HUANG: WSJ

$NVDA - *NVIDIA PREPARING TO OUST NVIDIA CEO JENSEN HUANG: WSJ

$NVDA - *NVIDIA SHARES EXTEND DECLINE TO 5% POSTMARKET AFTER NYT REPORT

NVIDIA CEO JENSEN HUANG HAD SECOND ALLEGED AFFAIR WITH COMPANY EXECUTIVE Nvidia ($NVDA ) CEO Jensen Huang reportedly had an extramarital relationship with Kimberly Powell, the company's VP of Healthcare, according to five former employees cited by The New York Times. The two

$MSTR - MICROSTRATEGY OFFICIALLY REMOVED FROM MSCI INDEXES STARTING END OF MONTH: FILING

$NVDA - *JENSEN HUANG SAID TO HAVE HAD RELATIONSHIP WITH NVIDIA EXEC:NYT *HUANG SAID TO HAVE RELATIONSHIP WITH VP AT NVIDIA: NYT

$NVDA - *JENSEN HUANG SAID TO HAVE HAD AFFAIR WITH NVIDIA EXECUTIVE: NYT

PRESIDENT TRUMP'S ENVOYS JARED KUSHNER AND STEVE WITKOFF WILL MEET WITH RUSSIAN PRESIDENT VLADIMIR PUTIN IN MOSCOW ON THURSDAY- AXIOS

US TREASURY SECRETARY MOVED TO MILITARY HOUSING AFTER IRANIAN THREATS Treasury Secretary Scott Bessent has been relocated to temporary military housing following threats from Iran, according to Bloomberg. Bessent is leading Washington's economic pressure campaign against

AXIOS: LUTNICK BLOCKED TRUMP'S NVIDIA–CHINA CHIP CRACKDOWN Commerce Secretary Howard Lutnick repeatedly stalled restrictions on Nvidia ($NVDA ) chip exports to China, despite Trump approving action three times, according to Axios. At an Oval Office meeting, Trump consulted Elon

LUTNICK STALLED TRUMP'S NVIDIA–CHINA CHIP CURBS AFTER OVAL TALKS- AXIOS

RUSSIAN DIESEL CARGOES DIVERTED FROM US TO BRAZIL Russian diesel shipments originally destined for the US are now being offered to Brazil, according to Bloomberg. The shift follows legal and sanctions concerns surrounding Russian tankers approaching US ports. The tanker Leruo

*TRUMP OPEN TO VANCE RESTARTING TALKS WITH IRAN : WSJ *VANCE CONSIDERS FACE-TO-FACE TALKS WITH IRAN'S REZAEI: WSJ

VANCE CONSIDERS DIRECT IRAN TALKS TO END WAR Vice President JD Vance is considering face-to-face talks with Iranian security chief Mohsen Rezaei, with Trump's backing, according to US and Middle East officials. Doha is a possible venue, but no meeting has been scheduled. Iran

VANCE CONSIDERS FACE-TO-FACE TALKS WITH IRAN'S REZAEI:WSJ

NASDAQ 100 EXTENDS GAINS; LAST UP 3.04%

S&P 500 UP 1.54%, NASDAQ UP 2.17%, DOW UP 0.38%

SPOT GOLD FALLS NEARLY 1% TO $3,992.43/OZ

TRUMP: WE ARE MORE RESPECTED NOW THAN EVER BEFORE

MUSK: IN ORDER TO WORK THROUGH MORE OF CYBERTRUCK ORDER BACKLOG, PRODUCTION WILL BE EXTENDED THROUGH END OF SUMMER 2027

TRUMP: WE WON IN IRAN

TRUMP: IRAN WILL NEVER HAVE A NUCLEAR WEAPON

*NORTH DAKOTA SEN. KEVIN CRAMER SAYS MR. HUANG SHOULD RESIGN

U.S. STOCKS EXTEND GAINS, NASDAQ <.IXIC> UP 2.00 PCT

IRAN'S QALIBAF TO AL JAZEERA: IRAN HAS NO DESIRE FOR THE WAR TO CONTINUE, ITS PRIORITY IS PEACE BUT ITS DEMANDS SHOULD BE MET

IRAN'S QALIBAF IN INTERVIEW TO AL JAZEERA SAYS STRAIT OF HORMUZ WILL NOT RETURN TO PRE-WAR STATE, IT IS PART OF IRAN'S SEVEN CONDITIONS

RUSSIAN FOREIGN MINISTRY: RUSSIA'S AMBASSADOR TO US DARCHIEV DIES - TASS

DAVID CAMERON WARNS UK'S PM BURNHAM NOT TO SEEK TO REJOIN EU

MARSH PUSHES FED TO EASE BANK CAPITAL RULES FOR AI LOANS Marsh ($MRSH) is lobbying US regulators to reduce capital requirements on bank loans protected by credit risk insurance, as AI data-center lending surges. Barclays is seeking insurance on over $10B in data-center debt,

OIL FUTURES EXTEND GAINS, BRENT CRUDE UP BY $3 A BARREL ON UNCERTAINTY WITH IRAN, UKRAINE TALKS

$CRWV - COREWEAVE SHARES EXTEND GAINS TO TOUCH A TWO WEEK HIGH; LAST UP 20.8%

OIL FUTURES EXTEND GAINS, BRENT CRUDE UP BY $2 A BARREL ON UNCERTAINTY IN TALKS TO END WARS IN IRAN AND UKRAINE

BESSENT CONFRONTS LUTNICK OVER NVIDIA CHINA CHIP SCANDAL Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over his failure to blacklist Megaspeed, an Nvidia ($NVDA ) customer accused of diverting US chips to China. According to Axios, Lutnick

RUSSIA'S MEDINSKY: RUSSIA SEES NO POSSIBILITY OF ANY TERRITORIAL EXCHANGES WITH UKRAINE - TASS RUSSIA'S MEDINSKY: IF WE SUCCEED IN CREATING FAIR SECURITY SYSTEM, WE WILL ENSURE PEACE IN EUROPE FOR DECADES AND CENTURIES TO COME

COREWEAVE CEO SAYS NVIDIA IS NOT ONE PERSON; WILL CONTINUE TO BE A GREAT PARTNER FOR US - CNBC

*RUSSIAN FOREIGN MINISTRY SAYS RUSSIA NOT PLANNING TO ATTACK EUROPE

$NVDA - NYT: TRUMP WAS WARNED ABOUT ALLEGED CHINESE SPY LINKED TO NVIDIA CEO President Trump was briefed about intelligence concerns involving Nvidia CEO Jensen Huang before their May trip to China, according to The New York Times. Marco Rubio reportedly delivered the warning

CHIP STOCKS SURGE AS COREWEAVE EASES AI FEARS Semiconductors rally after CoreWeave's results: $MRVL: +8.5% $MU: +6.6% $INTC: +6.3% $AVGO: +6.2% $AMD: +3.2% $NVDA: +2.6% $QCOM: +2.6% $SOXX: +4.8%

IRAN'S REZAEI: TEHRAN WILL TARGET US MILITARY BASES IN EUROPEAN COUNTRIES IF US AIRCRAFT TAKE OFF FROM THEM TO STRIKE IRAN

IRAN REJECTS US RESPONSES AS PEACE TALKS REMAIN DEADLOCKED Senior Iranian official Rezaei says Washington has failed to meet Tehran's seven conditions, signaling no breakthrough in negotiations. Speaking to Al Mayadeen, Rezaei accused the US of providing deceptive responses and

IRAN'S REZAEI: IF US ATTACKS IRAN, WE WILL ATTACK NOT ONLY NEARBY AMERICAN BASES, BUT ALSO DISTANT US BASES LOCATED IN FAR-OFF PLACES THAT WE HAVE NOT YET ATTACKED

IRAN'S SECURITY CHIEF REZAEI TO LEBANON'S AL MAYADEEN VIA TRANSLATOR: WE ARE WORKING ON NUCLEAR-POWERED SHIPS AND SUBMARINES, SO WE NEED OUR ENRICHED MATERIALS

🚨Political Trade Alert🚨 Rep. Gilbert Cisneros has released a new financial disclosure. Highlights: $LNT Alliant Energy $1k - $15k $ARGX American Depositary $3k - 45k $BBIO BridgeBio Pharma $1k - $15k $CMS CMS Energy $1k - $15k $MRNA Moderna $1k - $15k $NOW ServiceNow $1k -

RUSSIA'S TOP UKRAINE NEGOTIATOR MEDINSKY: SEEMS LIKE WE'RE CLOSER TO PEACE - IFX

ANTHROPIC'S $90 BILLION IPO IS ALREADY MULTIPLE TIMES OVERSUBSCRIBED Anthropic ($ANT) has reportedly attracted several times more investor orders than shares available, according to Bloomberg, citing people familiar with the offering. The Claude maker aims to raise up to $90.4B

WALL STREET SEES US 10-YEAR YIELD FALLING TO 4.75% BY LATE 2027 A Reuters poll forecasts US Treasury yields will gradually decline over the next year, despite persistent inflation and Fed tightening risks. The 10-year yield is expected to hold at 5.00% in three months, ease to

ANTHROPIC MEGA-IPO IS SAID TO BE MULTIPLE TIMES OVERSUBSCRIBED

ANTHROPIC TARGETS $1.4 TRILLION VALUATION IN RECORD AI IPO Yorkville's Dan Ives expects strong institutional demand for Anthropic ($ANT), which is seeking to raise up to $90.4 billion. The company is marketing 825M shares at $70–$78, targeting a $1.25T–$1.4T valuation and up to

SAUDI OIL OUTPUT SURGES 26% AS OPEC+ RAMPS UP PRODUCTION Saudi Arabia boosted crude production by 2.19 million barrels per day in October, despite the ongoing Iran war. Output jumped from 8.37M bpd in September to 10.56M bpd, its highest level since February, according to OPEC

GERMAN FINANCE MINISTER: GERMAN AAA RATING NOT IN DANGER

BANK OF AMERICA WARNS FED COULD DELIVER 50BPS HIKE IN DECEMBER Bank of America says October's hot CPI report virtually guarantees a December Fed rate hike — and opens the door to a larger 50bps move. Headline CPI rose 0.4%, while core CPI climbed 0.3%, marking a third

US MORTGAGE DEMAND JUMPS AS 30-YEAR RATE FALLS TO 7.21% US mortgage applications surged 6.2% last week as borrowing costs eased, according to the Mortgage Bankers Association. Home purchase applications jumped 7.5%, while refinancing demand rose 4.5%. The average 30-year

BAIRD SLASHES NVIDIA PRICE TARGET 60%, WARNS OF AI SLOWDOWN Baird downgraded Nvidia ($NVDA ) to Neutral from Outperform, slashing its price target to $200 from $500. Analyst Tristan Gerra warns that 2027 data-center forecasts face delays amid supply constraints, potentially

US WITKOFF, KUSHNER COULD VISIT RUSSIA SOON - TASS

*KUSHNER SAYS AGREEMENT REACHED ON BIGGEST-EVER PRISONER SWAP; NUMBERS TO BE FINALIZED TOMORROW *KUSHNER SAYS GOOD PROGRESS MADE ON UKRAINE SECURITY GUARANTEES *KUSHNER SAYS SEEKING EUROPEAN INVOLVEMENT IN TALKS FORMAT *KUSHNER SAYS UKRAINE-RUSSIA TALKS IN ABU DHABI ARE 'FIRST

US COMMERCE DEPARTMENT DELAYS MEGASPEED’S INCLUSION ON TRADE BLACKLIST - FT

*NVIDIA SHARES FALL 7.06% TO SESSION LOW

- IRAN'S FARS NEWS AGENCY SAYS FIRE BREAKS OUT IN A PLATFORM IN IRAN'S SOUTH PARS FIELD, SITUATION UNDER CONTROL

US HOUSE REPUBLICANS ELECT JIM JORDAN AS PARTY LEADER FOR THE NEXT CONGRESS -PUNCHBOWL NEWS

$NVDA - NVIDIA HIRES TOP WALL STREET LAW FIRM TO INVESTIGATE JENSEN HUANG Nvidia has hired Wachtell Lipton to investigate CEO Jensen Huang's admitted affair with a Chinese executive accused of espionage, according to The New York Times. The investigation will be led by Joon H.

DEMOCRATIC SENATE LEADER SCHUMER CALLS TRUMP'S DEFENSE OF NVIDIA'S HUANG "TROUBLING" SCHUMER SAYS FULL ACCOUNTING FOR TRUMP’S ALLEGED "FAILURE TO ADDRESS FOREIGN ESPIONAGE IN THE AMERICAN TECH INDUSTRY" NEEDED

US 10-YEAR TREASURY AUCTION SEES WEAKER DEMAND AS YIELD TOPS 5% The US Treasury sold $42 billion in 10-year notes at a high yield of 5.02%, above the 5.010% when-issued yield before the auction. The bid-to-cover ratio fell to 2.46 from 2.77 at the previous auction, signaling

GERMANY FACES NEW JOB CUTS AS ECONOMIC RECOVERY FALTERS Nearly one-third of German companies plan to cut jobs in 2027, according to a survey of more than 1,000 firms by the German Economic Institute (IW). 32% expect layoffs, up from 29% in spring, while only one in six plans to

U.S. STOCKS EXTEND FALL, S&P 500 <.SPX> DOWN 1.00 PCT

ANTHROPIC UNVEILS OFFICE TOOLS BEFORE IPO, RIVALING MICROSOFT

RUSSIAN DIESEL IS ON THE WATER AND 'HEADED TO MARKET' WHICH WILL EASE FUEL PRICES FOR AMERICANS, US OFFICIAL SAYS

IRAN'S IRGC SAYS OIL TANKER CAUGHT FIRE AFTER HITTING NAVAL MINE IN STRAIT OF HORMUZ -IRAN'S STATE BROADCASTER IRIB

MICROSOFT'S MARKET VALUE SURPASSES NVIDIA FOR THE FIRST TIME SINCE JUNE 2025

U.S. 10-YEAR TREASURY YIELD RISES BACK TO 5% FOR FIRST TIME IN 12 DAYS

IRAN'S REZAEI: NO NEGOTIATIONS TAKING PLACE CURRENTLY BETWEEN TEHRAN AND WASHINGTON

TRUMP ADMIN POURING $480M LOAN INTO GULF OF AMERICA OIL AND GAS PROJECT- FOX BUSINESS

IRAN'S REZAEI: STRAIT OF HORMUZ WILL NOT BE OPENED UNLESS US MEETS IRAN'S SEVEN CONDITIONS

IRAN'S REZAEI SAYS ALL US CLAIMS REGARDING CONTINUATION OF NEGOTIATIONS WITH IRAN ARE 'PURE LIES AND FABRICATIONS'

NVIDIA SHARES EXTENDS LOSSES; LAST DOWN 5.4%

Iran: Rezaei to Al Mayadeen: We asked the Americans to provide a frank and clear response to our conditions, and to this day they have not done so. They may provide this response in the future.

DEUTSCHE BANK NOW EXPECTS THREE CONSECUTIVE FED RATE HIKES Deutsche Bank added a January rate hike to its forecast after October's hotter-than-expected CPI report. The bank now expects 25bps hikes in December, January and March, taking the Fed's target range to 4.50–4.75%.

US HOUSEHOLD DEBT HITS $19.1 TRILLION AS DELINQUENCIES RISE American household debt surged $334 billion in Q3 to $19.1 trillion, according to the New York Fed. Mortgage balances jumped $257 billion to $13.4 trillion, while credit card debt rose $22 billion to $1.3 trillion.

NASDAQ EXTENDS LOSSES; LAST DOWN 1.1%

DEUTSCHE BANK EXPECTS US FED TO DELIVER AN ADDITIONAL 25 BP RATE HIKE IN JANUARY 2027 VS PRIOR FORECAST OF RATE HIKES IN DECEMBER AND MARCH

*LOGAN: AT LEAST TWO ADDITIONAL 25 BP RATE INCREASES NEEDED *FED'S LOGAN: MORE RAPID RATE HIKES POSSIBLY NEEDED THIS WINTER

FED'S LOGAN CALLS FOR AT LEAST TWO MORE RATE HIKES Fed's Lorie Logan says inflation is unacceptably high and interest rates must rise at least another 50 basis points. Logan argues the policy rate remains at least 50bps below a modestly restrictive level and says the Fed could

GORDON JOHNSON SLAMS FED FOR EXPANDING BALANCE SHEET AS INFLATION SURGES GLJ Research's Gordon Johnson accuses the Fed of fueling inflation while claiming to fight it. 🔸 October CPI: Headline +0.4%, core +0.3% — the third consecutive core reading of at least 0.3%. 🔸

SOFTBANK SIGNALS AI INVESTMENT SLOWDOWN AFTER $7 BILLION LOSS SoftBank is considering pulling back from aggressive AI spending after swinging to a $7 billion quarterly loss. CFO Yoshimitsu Goto acknowledged a shift toward caution: “It is only natural that there is some

WALL STREET WARNS FED COULD HIKE RATES IN BOTH DECEMBER AND JANUARY Northlight Asset Management says October's hotter-than-expected CPI report raises the prospect of back-to-back Fed rate hikes. CIO Chris Zaccarelli expects a 25-basis-point increase in December, with a larger

ZELESNKIY SAYS TALKS IN ABU DHABI WERE CONSTRUCTIVE AND QUITE SUBSTANTIVE

AI WILL CREATE MORE JOBS THAN IT DESTROYS BY 2030, GARTNER SAYS Gartner forecasts AI will generate a net gain of 1.7 million jobs globally by 2030. 10.6 million new jobs are expected to be created, offsetting 8.9 million jobs eliminated by AI. More than 20% of the global

ANTHROPIC IPO SAID TO DRAW ORDERS TO COVER AVAILABLE SHARES

*GOLDMAN EXPECTS ANTHROPIC REVENUE TO EXCEED $600B BY 2030: FT

30-YEAR YIELD RISES 6.3 BASIS POINTS, TWO-YEAR YIELD UP 17.4 BPS

U.S. STOCKS EXTEND FALL, NASDAQ <.IXIC> DOWN 1.00 PCT

US INFLATION SURGE HITS TRANSPORTATION, FOOD AND ELECTRONICS October's hot CPI report reveals broad-based price pressures rather than isolated spikes. 🔸 Transportation: Intracity fares +6.6%, the biggest increase since September 2020. 🔸 Food: Baby food and formula +5.1%

YEMEN'S HOUTHIS SAY THEY ATTACKED OIL PUMPING STATIONS OF SAUDI ARABIA'S EAST-WEST PIPELINE YEMEN'S HOUTHIS SAY THEY ATTACKED KING KHALID INTERNATIONAL AIRPORT IN RIYADH

FED COULD ACCELERATE RATE HIKES AFTER HOT INFLATION REPORT The Fed may face a choice between a 50-basis-point hike in December or back-to-back increases in December and January, according to WSJ's Nick Timiraos. Core CPI rose 0.3% in October, beating expectations and marking

🚨Political Trade Alert🚨 Rep. David Kustoff has released a new financial disclosure. Highlights: Sold $WBD Warner Bros $1k - $15k

GOLDMAN SACHS WARNS FED RATE HIKES COULD EXTEND INTO 2027 Goldman Sachs Asset Management says hotter-than-expected US inflation could force the Fed into a more aggressive tightening cycle. Lindsay Rosner, head of multi-sector fixed income investing, says a December rate hike

RUBIO ON CHINA: AI SHOULD BE AN ISSUE WE RAISE AT UPCOMING TRUMP-XI SUMMIT

Trump on Truth Social Still Backs Pete Hegseth: 'Gets an "A" PLUS, PLUS, PLUS'

TRADERS BOOST BETS ON A HALF-POINT FED RATE HIKE NEXT MONTH

BITCOIN FALLS TO 11-WEEK LOW OF $73,588 AFTER U.S. INFLATION DATA - LSEG

RUBIO ON IRAN: TOLD ECONOMIC CAMPAIGN WORKING SO WELL THERE'S NOT NEED FOR MAJOR COMBAT OPERATIONS

SPOT SILVER FALLS 3% TO $51.51/OZ

US INFLATION COMES IN HOTTER THAN EXPECTED IN OCTOBER US headline CPI rose 0.4% in October, above the 0.3% forecast, while core CPI increased 0.3% versus 0.2% expected. Food prices jumped 0.5%, energy rose 0.7%, and gasoline climbed 1.0%. Housing costs increased 0.3%, while

*US OCT. CONSUMER PRICES RISE 0.4% M/M; EST. +0.3% *US OCT. CORE CPI RISES 0.3% M/M; EST. +0.2%

U.S. OCT CPI +0.4% (CONSENSUS +0.3%)

US PRIVATE-SECTOR HIRING REBOUNDS FOR SECOND STRAIGHT WEEK US private employers added an average of 19,750 jobs per week over the four weeks ending October 24, according to ADP. Hiring strengthened from 19,500 the previous week and 16,750 two weeks earlier, signaling a modest

UBS SEES S&P 500 AT 8,900 BY END-2027 DESPITE MARKET SELLOFF UBS maintains its S&P 500 target of 8,900 for 2027 and 9,600 for 2028, arguing that this year's valuation collapse creates a buying opportunity. The index's forward P/E has fallen 20% in 2026, despite earnings growth

*HEGSETH: WE CONTROL THE STRAIT OF HORMUZ

TRUMP CONSIDERS SWEEPING EUROPEAN SECURITY DEAL WITH RUSSIA The Trump administration is pushing to renegotiate Europe's security arrangements as part of a potential Ukraine peace deal, according to The Wall Street Journal. The proposal could address Russia's longstanding

56% OF AMERICANS WOULD SKIP HOLIDAY GATHERINGS DUE TO COSTS A new Barclays survey reveals growing financial pressure on US consumers heading into the holiday season. 56% have skipped or would skip holiday gatherings because they cannot afford them, while 57% cite travel and

HEGSETH: MY IMPEACHMENT IS A POLITICAL SPECTACLE

PENTAGON CHIEF HEGSETH CALLS HOUSE IMPEACHMENT EFFORT A FARCE

71% OF AMERICANS SAY THEIR FINANCES ARE STAGNATING OR GETTING WORSE A new Achieve survey reveals growing financial pressure on US households. 34% say their finances have worsened over the past year, while 37% report no improvement. 54% rely on credit card balances to cover

UKRAINE-RUSSIA TRILATERAL TALKS FINISHED FOR TODAY, KYIV SAYS TALKS TO CONTINUE ON WEDNESDAY, KYIV SAYS

*IPO EXPECTED TO PRICE NEXT WEDNESDAY, TRADE ON THURSDAY

ANTHROPIC: TARGETS VALUATION OF ABOUT $1 TRILLION IN IPO

*ANTHROPIC LAUNCHES IPO ROADSHOW; SEEKS $70-$78 PER SHARE *ANTHROPIC IPO COULD RAISE UP TO $64.35B AT TOP OF PRICE RANGE *ANTHROPIC OFFERS 825M CLASS A SHARES IN PROPOSED IPO *ANTHROPIC TO SELL 801.35M SHARES; EXISTING HOLDERS OFFER 23.65M *ANTHROPIC SEEKS NASDAQ LISTING

AMD, BROADCOM, GOOGLE, OTHERS TO INVEST $26B IN ANTHROPIC

ASKED WHEN HE WAS MADE AWARE, TRUMP: COULD'VE BEEN MENTIONED BUT DIDN'T MAKE MUCH OF AN IMPACT ON ME

TRUMP ON HEGSETH: WILL STAND BY HIM IF HE'S IMPEACHED

TRUMP SAYS ' WAS AMAZED' ABOUT NVIDIA CEO'S ALLEGATIONS

QATAR PRIME MINISTER: MET WITH TRUMP AND VANCE, DISCUSSED WAYS TO MAKE PROGRESS IN IRAN NEGOTIATIONS

*TRUMP: SEEING MOMENTUM TOWARD THE END OF THIS CONFLICT

*OPENAI CONTROL ROOM CAN STOP MODEL OUTPUT IN 35 SECONDS *OPENAI SAYS CONTROL ROOM ALREADY DEPLOYED

*NVIDIA CEO JENSEN SUED IN PROPOSED CLASS ACTION: COURT FILING

TRUMP ON IRAN: MILITARY ACTION DOESN'T SEEM TO BE NECESSARY

US-CHINA DISAGREEMENT THREATENS TRUMP-XI-PUTIN SUMMIT A potential Trump-Xi-Putin summit next week faces uncertainty as Washington and Beijing clash over its format. China reportedly wants scripted statements and a predetermined outcome, while the Trump administration is pushing

CHINA INSISTS TRUMP-XI-PUTIN SUMMIT FOLLOW SCRIPTED FORMAT, SOURCES SAY CHINA'S PLANS FOR SUMMIT RAISING DOUBTS ABOUT MEETING, SOURCES SAY U.S. PUSHES BACK ON CHINA'S DEMAND FOR TIGHTLY SCRIPTED TRILATERAL SUMMIT, SOURCES SAY CHINA WON'T DISCUSS NUCLEAR ARMS CONTROL AT

JEFFRIES: THERE ARE REAL CONCERNS THAT NEED TO BE ADDRESSED WITH RESPECT TO THE NVIDIA SITUATION JEFFRIES SAYS NVIDIA SITUATION CAME UP IN INTELLIGENCE BRIEFING BUT MOSTLY ABOUT IRAN JEFFRIES SAYS HE STRONGLY SUPPORTS CHIPS RESTRICTIONS IN SENATE NDAA ON CHINA BECOMING LAW

$NVDA - JEFFRIES: CLEARLY CONGRESS NEEDS MORE INFORMATION ABOUT NVIDIA SITUATION

TRUMP SAYS ABU DHABI TALKS THIS WEEK ON UKRAINE PRESENT CHANCE OF A POSSIBLE BREAKTHROUGH

TRUMP DEFENDS PENTAGON CHIEF HEGSETH AGAINST IMPEACHMENT EFFORTS, SAYS 'HE WON TWO WARS'

TRUMP TELLS REUTERS AFTER TALKS WITH QATARI LEADER THAT QATAR WOULD RATHER SEE A PEACEFUL SOLUTION WITH IRAN BUT THE US IS- READY FOR STRIKES IF NECESSARY TRUMP SAYS SAUDI ARABIA WOULD ALSO PREFER A PEACEFUL SOLUTION TO IRAN CONFLICT

US OCTOBER CPI REPORT TO OMIT ANNUAL INFLATION FIGURES The Bureau of Labor Statistics will exclude year-over-year headline and core CPI figures from Tuesday's October inflation report. Missing October 2025 price data from last year's government shutdown prevents reliable annual

SPOT GOLD EXTENDS GAINS, UP 2% TO $4,146.22/OZ

*ANTHROPIC TO LAUNCH MARKETING OF NASDAQ IPO TUES.: IFR

JENSEN HUANG IS SCHEDULED TO ATTEND SEMAFOR’S SILICON VALLEY & THE WORLD, SOURCE SAYS

*SUPREME COURT ALLOWS TRUMP BORDER WALL CONSTRUCTION IN BIG BEND

SPOT SILVER RISES 3% TO $53.40/OZ

US-IRAN NUCLEAR TALKS REPORTEDLY REVIVED Al Arabiya sources say a Qatari-Pakistani proposal has revived serious US-Iran negotiations. Washington has reportedly agreed to allow uranium enrichment in Iran up to 3.67%, with Tehran accepting. Discussions are also being arranged

U.S. CRUDE OIL FUTURES SETTLE AT $86.85/BBL, DOWN $3.98, 4.38 PCT

UBS: TECH SELL-OFF IS A POSITIONING RESET, NOT AN AI DOWNTURN UBS says last week's technology sell-off reflects investor repositioning, not a structural downturn in AI investment. The bank expects further equity gains over the next 6–12 months, supported by resilient economic

EVEN A SMALL CPI BEAT COULD SEAL DECEMBER FED RATE HIKE Russell Investments warns that even a modest upside surprise in Tuesday's US CPI report could cement a December Fed rate hike. Following strong employment data and signs of economic resilience, strategist BeiChen Lin

HEGSETH TO HOLD RARE PENTAGON PRESS CONFERENCE AMID IMPEACHMENT THREAT US Defense Secretary Pete Hegseth will hold a press conference Tuesday morning to address a Republican lawmaker's impeachment effort, according to The Wall Street Journal. Rep. Thomas Massie is preparing

*HEGSETH IMPEACHMENT ARTICLES INTRODUCED IN HOUSE

ANTHROPIC: CLAUDE FABLE 5.2 AND CLAUDE MYTHOS 5.2 ARE AVAILABLE NOW

PEPSICO IS CUTTING AROUND 1,000 JOBS ACROSS NORTH AMERICA - WSJ

🇫🇷 FRANCE SET TO AVOID RECESSION AS BUSINESS ACTIVITY RECOVERS The Bank of France expects the eurozone's second-largest economy to return to moderate growth in Q4, following a 0.1% contraction in Q3, potentially avoiding a technical recession. A survey of 8,500 companies showed

NASDAQ 100 EXTENDS GAINS; LAST UP 3%

$NVDA - NVIDIA'S JENSEN HUANG IS NO LONGER SET TO ATTEND A MONDAY ANTHROPIC CEO FORUM - BUSINESS INSIDER

BOEING WILL CUT 5% OF ITS COMMERCIAL AIRPLANE WORKFORCE - SEATTLE TIMES

GOLDMAN SACHS CEO WHEN ASKED ABOUT ANTHROPIC IPO SAYS "MARKET IS OPEN; TRANSACTIONS ARE OCCURRING, WE'LL SEE"; DECLINES TO COMMENT ON IPO- CNBC

FED'S BARKIN WARNS INFLATION RISKS REMAIN ELEVATED Richmond Fed President Thomas Barkin says inflation remains the primary risk to the Federal Reserve's dual mandate, calling for monetary policy to move carefully. Barkin describes the US economy as “remarkably stable,” with

GOLDMAN SACHS CEO SOLOMON SAYS OPTIMISTIC THERE'LL STILL BE SIGNIFICANT AMOUNT OF INVESTMENT IN DATA CENTERS, COMPUTE CAPACITY IN US- CNBC INTERVIEW

S&P 500 UP 2%, NASDAQ UP 2.39%, DOW UP 1.7%

FRANCE’S BARROT ON CYBER CAMPAIGN ON FRIDGES SAYS IRAN REVOLUTIONARY GUARD BEHIND ATTACK FRENCH FOREIGN MINISTER BARROT: THERE WILL BE EU SANCTIONS AGAINST IRAN FRANCE’S BARROT : THERE WILL BE CONSEQUENCES ON IRAN

NVIDIA INTERVENTION PRECEDED HALT OF US CHIP SMUGGLING PROBE A US Commerce Department investigation into suspected Nvidia ($NVDA ) chip smuggling to China was halted and transferred to the Justice Department after Nvidia's legal team contacted investigators, according to The New

*US PROBE OF MEGASPEED WAS HALTED AFTER NVIDIA INTERVENED: NYT

NY FED: US INFLATION EXPECTATIONS BEAT FORECASTS AS JOB FEARS RISE The New York Fed's October consumer survey shows 1-year inflation expectations rising slightly above forecasts. 🔸 1-year inflation: 3.91% (Est. 3.78%; Prev. 3.90%) 🔸 3-year inflation: 3.3% (Prev. 3.3%) 🔸

FRENCH OFFICIALS SUSPECT IRAN WAS BEHIND OCTOBER REFRIGERATOR HACKS, SOURCES SAY

IRAN DENIES US NEGOTIATIONS, DEMANDS ACTION ON SEVEN CONDITIONS A senior Iranian security official told Press TV that no negotiations with Washington are currently planned until the US takes practical steps to meet Tehran's seven conditions. The official also dismissed reports

IRAN'S POLICY ON TALKS WITH US UNCHANGED; NO PLAN FOR NEGOTIATIONS UNLESS WASHINGTON TAKES PRACTICAL ACTION UNDER SEVEN CONDITIONS - SENIOR SECURITY OFFICIAL TO IRAN STATE MEDIA

GOOLSBEE SAYS SERVICES INFLATION BEGINNING TO 'KICK UP' GOOLSBEE SAYS INFLATION HAS BEEN THE 'BIG PROBLEM' GOOLSBEE SAYS MUST COME TO TERMS WITH FAILURE ON INFLATION GOOLSBEE SAYS DATA CENTERS LOOK LIKE 'OLD-FASHIONED OVERHEATING' GOOLSBEE SAYS EMPLOYMENT, GROWTH ARE 'PRETTY

TRUMP QUESTIONS US MIDTERM ELECTION RESULTS President Trump is questioning the legitimacy of the midterm elections, alleging irregularities in early voting and voting machines. Trump also questioned why election polls differed so sharply from the results, without providing

US GOVERNMENT SHUTDOWN RISK RISES OVER IRAN WAR Congressional Democrats are considering using the December 11 government funding deadline to pressure President Trump to end the war with Iran, Bloomberg reports. Democrats could block spending legislation or restrict funding for

CBOE VOLATILITY INDEX FALLS 4.16 POINTS TO 21.48

MORGAN STANLEY SEES S&P 500 CORRECTION NEARING ITS END Morgan Stanley's chief US equity strategist Mike Wilson believes the market correction is entering its final phase, potentially setting up a year-end rally. Wilson expects the S&P 500 to approach his 7,100–7,300 downside

TRUMP ADMINISTRATION VOWS TO SPEED DEPLOYMENTS OF COUNTER-DRONE SYSTEMS TO ADDRESS THREATS -- MEMO

🚨Political Trade Alert🚨 Rep. John McGuire has released a new financial disclosure. Highlights: Sold $WDC Western Digital Corp. $1k - $15k

🚨Political Trade Alert🚨 Rep. Nancy Pelosi has released a new financial disclosure. Highlights: Sold $WBD Warner Bros. $50k - $100k

$NVDA - NVIDIA SHARES EXTEND LOSSES, LAST DOWN 5.9% PREMARKET

FRANCE'S 10-YR BOND YIELD FALLS TO LOWEST SINCE SEPT 25 AT AROUND 4.69%

META PLANS SALES TEAM, CONSULTING PARTNERSHIPS TO WIN OVER BIG COMPANIES - THE INFORMATION

US OCTOBER CPI PREVIEW: WALL STREET EXPECTS COOLER INFLATION Release: Tuesday, November 10, at 8:30 AM ET Consensus forecasts (M/M): 🔸 Headline CPI: 0.23% (September: 0.65%) 🔸 Core CPI: 0.22% (September: 0.33%) 🔸 Core PCE estimate: 0.23% Bank forecasts — Headline / Core CPI

*QATARI OFFICIAL: REPORTS ON US-IRAN PROPOSAL DETAILS ARE FALSE *QATARI OFFICIAL: US, IRAN TALKING TO MEDIATORS ON DEAL DETAILS

$MSTR - STRATEGY BUYS 1,036 BITCOIN, BRINGING HOLDINGS ABOVE 850,000 BTC Strategy purchased 1,036 BTC for $81.9 million at an average price of $79,012 between November 2 and November 8. The company now holds 850,364 BTC, acquired for $64.16 billion at an average cost of $75,456

$GOOGL $NVDA - GOOGLE ESCALATES AI CHIP WAR WITH NVIDIA Alphabet is launching two specialized AI chips, TPU 8tx and 8i Max, targeting secure computing and advanced AI workloads as it challenges Nvidia Google's TPUs reportedly cost around 30% less than Nvidia GPUs, offering

*BBG REPORTS NVIDIA DROPS OVER 6% IN PRE-MARKET, WIPES OUT MORE THAN $225 BILLION IN MARKET CAP

CITI DOWNGRADES US STOCKS AND TECH, TURNS BULLISH ON EUROPE Citi has downgraded US equities, global technology and European technology to Neutral, citing weakening AI sentiment and risks of further investor selling. The bank warns that the Nasdaq could fall another 5% before

*NVIDIA SHARES DROP 5% PREMARKET

NVIDIA ESPIONAGE REPORTS COULD TRIGGER TOUGHER US CHIP EXPORT RESTRICTIONS Raymond James warns that reports of alleged Chinese espionage targeting Nvidia ($NVDA ) could accelerate congressional support for the MATCH Act, which would tighten semiconductor and chipmaking equipment

US AND IRAN CONSIDER $8 BILLION DEAL TO REOPEN STRAIT OF HORMUZ President Trump is expected to meet Qatar's prime minister Monday to discuss an Iranian proposal to reopen the Strait of Hormuz in exchange for releasing $8 billion in frozen funds, according to Israel Hayom. The

CITIGROUP CUTS US EQUITIES TO NEUTRAL FROM OVERWEIGHT CITIGROUP CUTS GLOBAL TECHNOLOGY TO NEUTRAL FROM OVERWEIGHT

US OFFICIALS BELIEVE NVIDIA $NVDA CEO JENSEN HUANG HAD RELATIONSHIP WITH ALLEGED CHINESE SPY A US government memo written earlier this year says Huang was romantically involved with Alice Huang, an executive at Singapore-based Nvidia customer Megaspeed, according to people

*ANTHROPIC PLANS NOVEMBER IPO RAISING $80B-$100B AT $1.25T-$1.75T VALUATION: FT

OPENAI COMPLETES $11 BILLION PORTION OF FUNDING AT $1.25 TRILLION VALUE

IBM $IBM UNVEILS ITS MOST ADVANCED QUANTUM COMPUTER IN CHICAGO The system is IBM's most advanced quantum computer to date, per Reuters.

NOVO NORDISK $NVO SAYS REAL-WORLD STUDIES LINK WEGOVY 2.4 MG TO LOWER LIVER ENZYMES, WEIGHT AND BLOOD SUGAR IN MASH • Studies in adults with MASH link Wegovy 2.4 mg to reductions in liver enzymes, weight and blood sugar • Semaglutide 2.4 mg was also associated with

TRUMP: WE ARE TALKING TO IRAN

TRUMP: WANT STEPHEN MILLER TO RUN THINGS WELL AS CHIEF OF STAFF TRUMP: I WANTED TO MAKE A CHANGE

*TRUMP SAYS WE HAD THE MOST INCREDIBLE JOB NUMBERS

*CBS REPORTING SUSIE WILES GAVE TRUMP HER RESIGNATION ON THURSDAY NIGHT

META $META INTRODUCES SPACES FEATURE IN MUSE APP Spaces are available starting today everywhere Muse is available, Meta says. The company also rolls out specialized AI models to the Muse app, per its blog.

TRUMP NAMES STEPHEN MILLER AS NEW WHITE HOUSE CHIEF OF STAFF President Trump announces that Stephen Miller will become White House Chief of Staff starting Monday, November 9. Miller, currently Deputy Chief of Staff and one of Trump's most trusted advisers, will replace Susie

*TRUMP ANNOUNCES STEPHEN MILLER AS CHIEF OF STAFF FROM MONDAY

*TEXAS GOVERNOR-ELECT CRITICIZES DATA CENTERS FOR EXPLOITING LOCAL RESOURCES *TEXAS GOVERNOR-ELECT SAYS RELATIONSHIP WITH ELON MUSK MUST BE ON TEXAS'S TERMS

US OPTIONS TRADING HITS ALL-TIME RECORD AMID MARKET ROUT US options volume surged to a record 112 million contracts on Thursday, November 5, as investors rushed to hedge against a sharp stock-market selloff. 🔸 Options volume: 53% above October's daily average 🔸 Put options:

*SPACEX SEES ANNUALIZED REVENUE ABOVE $500B BY DECEMBER 2027

MORGAN STANLEY WARNS 12GW OF US DATA-CENTER CAPACITY AT RISK Morgan Stanley estimates that 12 gigawatts of planned US data-center capacity could face delays by 2030 following Democratic midterm victories. 🔸 2027 projects: Largely unaffected 🔸 2028 capacity at risk: 4.9GW 🔸

$SPCX - *MUSK SEES SPACEX 4Q REVENUE UP ~70% Q/Q, $2B ABOVE WALL ST ESTIMATES

TRUMP WEIGHS TERRORISM DESIGNATIONS FOR US NONPROFITS The White House is considering an executive order that could immediately suspend the tax-exempt status of nonprofits accused of terrorist ties, according to The Wall Street Journal. The proposal would invoke Section 501(p)

FED'S DALY WELCOMES STRONG JOBS REPORT BUT WARNS ON INFLATION Fed's Mary Daly calls October's jobs report “good news”, expressing optimism about the US workforce. However, she stresses that wage growth isn't booming and real wages are falling. On inflation, Daly says prices

MICROSOFT $MSFT WINDING DOWN DEAL TO RENT AI CLOUD CAPACITY FROM ORACLE $ORCL

*MICROSOFT WINDING DOWN ORACLE DEAL FOR AI CLOUD CAPACITY

*US TREASURY SECRETARY URGES CHINA TO HONOUR BUSAN ARRANGEMENT COMMITMENTS

*CHINA FAILS TO INCREASE RARE EARTH SUPPLY ACCORDING TO US OFFICIALS *US OFFICIALS SAY CHINA FULFILLS ONLY TWO THIRDS OF RARE EARTH COMMITMENTS

OPENAI CFO CONFIRMS FUNDRAISING TALKS AT ALMOST A 50% LIFT IN VALUATION FROM THE ROUND CLOSED IN MARCH - CNBC INTERVIEW

OPENAI WILL KEEP INVESTING IN AI DATA CENTERS DESPITE ELECTION RESULTS, CFO TELLS CNBC

FRENCH ENERGY MINISTRY: 3.6 MILLION BARRELS OF DIESEL HAS BEEN SOLD OUT OF THE FRENCH STRATEGIC RESERVES TO DATE

TESLA: LAUNCHING IN ARGENTINA ON NOVEMBER 20, 2026

US CONSUMER SENTIMENT BEATS EXPECTATIONS AS INFLATION FEARS EASE University of Michigan consumer sentiment rose to 51.0 in November, beating expectations of 48.0. 🔸 Consumer sentiment: 51.0 vs. 48.0 expected 🔸 Current conditions: 51.0 vs. 46.7 in October 🔸 Consumer

IRAN SIGNALS PROGRESS IN US NEGOTIATIONS Iranian sources say Tehran is responding positively to the latest proposal submitted by mediators, according to Al Arabiya. Iran remains open to negotiations but insists that Washington take concrete steps to build trust, with reciprocal

FED'S MUSALEM: PEOPLE REMAIN CONCERNED ABOUT INFLATION AT THE CURRENT LEVEL

HASSETT, ASKED ABOUT US GOV'T SELLING INTEL: HAS BEEN REASSURING TO SEE COMPANY TURN AROUND SHARPLY -CNBC

HASSETT ON FED: INFLATION SHOULD BE DECELERATING -CNBC

ECB CONSIDERS REVIEW OF BANKS' AI DATA-CENTER LENDING The European Central Bank is considering a review of banks' exposure to data-center financing, Bloomberg reports. Senior ECB officials have discussed the proposal internally and with supervised lenders. The review would

HASSETT: PLENTY OF ROOM FOR DATA CENTER GROWTH TO CONTINUE -CNBC

🚨Political Trade Alert🚨 Rep. Josh Gottheimer has released a new financial disclosure. Highlights: $AMAT Applied Materials $1k - $15k $BHE Benchmark Electronics $1k - $15k Sold: $PT Telekomunikasi $1k - $15k

IRAN'S REVOLUTIONARY GUARDS SAY THEY SHOT DOWN A US MQ-1 DRONE OVER QESHM ISLAND - FARS NEWS AGENCY

RETAIL INVESTORS BOUGHT THE DIP IN FINAL MINUTES OF MARKET ROUT US retail investors staged a dramatic buying reversal late Thursday, according to Vanda Research. 🔸 Net retail selling: $151 million by the close 🔸 2020 pandemic record: $502 million in net selling 🔸 Final 10

US JOBS REPORT SMASHES FORECASTS — FED RATE HIKE ODDS IN FOCUS The US economy added 165,000 jobs in October, nearly triple the 59,000 expected, while unemployment fell to 4.1%, beating the 4.2% consensus. 🔸 Nonfarm payrolls: +165K vs. +59K expected 🔸 Unemployment rate: 4.1%

US TREASURY YIELDS EXTEND RISE AFTER JOBS DATA; 10-YEAR YIELD LAST UP 6.3 BPS AT 4.898%

US JOBS REPORT SMASHES EXPECTATIONS US employers added 165,000 jobs in October, nearly triple the 59,000 expected. 🔸 Nonfarm payrolls: +165K vs. +59K expected 🔸 Unemployment: 4.1% vs. 4.2% expected 🔸 Private payrolls: +159K 🔸 Wage growth: +0.37% monthly, +3.12% annually 🔸

YARDENI CALLS MARKET SELLOFF A BUYING OPPORTUNITY Yardeni Research says Thursday's sharp selloff was overdone, despite growing political opposition to AI infrastructure. 🔸 S&P 500: -4.4% 🔸 Nasdaq: -5.5%, entering correction territory 🔸 45% of planned US data-center capacity

Softbank in discussions to invest hundreds of millions in OpenAI's latest funding round - NYT DealBook

BUNKER HILL COMPLETES MERGER WITH SILVER47. PORTFOLIO NOW INCLUDES ONE PRODUCING MINE AMONG FOUR U.S. SILVER AND CRITICAL MINERAL PROJECTS. BUNKER HILL TOTAL RESOURCE INVENTORY: 80 MILLION OUNCES SILVER EQUIVALENT M&I AND 308 MILLION OUNCES SILVER EQUIVALENT INFERRED $BHLL

*INVESTORS SAID TO DISCUSS ANTHROPIC IPO VALUE OF $1.2T-$1.3T

Tasnim: "Unconfirmed reports of a U.S. aircraft being targeted off the coast of Oman."

US AND IRAN NEAR POTENTIAL BREAKTHROUGH IN PEACE TALKS The US and Iran are moving closer to a potential agreement to end the war, according to Bloomberg. Tehran is reportedly willing to discuss nuclear issues previously considered off-limits, signaling a possible shift in

UBS WARNS NASDAQ FUTURES REBOUND MAY BE MISLEADING Nasdaq futures are rising after Thursday's AI-driven selloff, but UBS strategist Gerry Fowler warns more selling could follow. US trend-following quant funds remain heavily exposed to equities and may still need to reduce

GOLDMAN SACHS SLASHES GOLD PRICE FORECASTS Goldman Sachs cuts its gold targets following the Fed's hawkish shift: 🔸 End-2026: $4,150, down from $4,650 🔸 End-2027: $4,800, down from $5,400 Goldman expects a December rate hike, with potential rate cuts beginning in late 2027.

TRUMP BACKS AI SUPERINTELLIGENCE 100% Trump declares full support for Super Intelligence (SI), pledging to work with US states embracing the technology. He calls it “GOLD” and says only “foolish leadership” would reject its economic potential.

TRUMP ON AI: WILL WORK WITH MANY STATES IN U.S. THAT WANT TO BECOME RICH BY HAVING THEM

$TSLA - TESLA TO END CYBERTRUCK PRODUCTION IN MAJOR AI PIVOT Elon Musk announced Tesla will wind down Cybertruck production by mid-2027, freeing capacity at Gigafactory Texas for Cybercab robotaxi production. The Cybertruck fell far short of Tesla's 250,000 annual sales target.

US CHIP STOCKS SURGE AS PREMARKET REBOUND ACCELERATES Semiconductor stocks extend Friday's premarket gains: 🔸 $MU: +9.2% 🔸 $AMD: +8.3% 🔸 $ARM: +7.4% 🔸 $INTC: +6.2% 🔸 $NVDA: +5.0% 🔸 $AVGO: +4.9% 🔸 $QCOM: +3.4% 🔸 $SOXX: +5.9%

ABOUT 600,000 NVIDIA $NVDA H200 CHIPS SIT IN HONG KONG AS BEIJING WITHHOLDS IMPORT APPROVAL, SOURCES SAY Two people familiar say the chips are stored in Hong Kong awaiting shipment to mainland China, and that Beijing has yet to approve large-volume imports. The size of the

Just got service back, anyone know how my $QQQ calls did today?

RUBIO TELLS NYT: WORKING FOR TRUMP UNTIL END OF HIS TERM HAS “ALWAYS BEEN MY PLAN”

*TRUMP ON RUSSIA, UKRAINE: GOING TO BE A BIG AGREEMENT *TRUMP: AGREEMENT WILL INVOLVE ALL OF EUROPE

TRUMP: VERY CLOSE TO SETTLING RUSSIA UKRAINE WAR

TRUMP ON IRAN: NEED TO DECIDE WHETHER TO GO FURTHER OR 'CERTIFY IT'

DRAFTKINGS $DKNG Q3 REVENUE $1.329B MISSES, NET LOSS $468.7M • Revenue: $1.329B vs $1.398B est, miss • Operating income: -$493.129M • Net income: -$468.72M

CLOUDFLARE $NET Q3 REVENUE $782.5M BEATS, ADJ EPS $0.38 BEATS, Q4 AND FY GUIDE ABOVE • Revenue: $782.513M vs $738.5M est, beat • Adj EPS: $0.38 vs $0.34 est, beat • EPS: -$0.10 • Net income: -$34.065M • Q4 revenue guidance: $845M-$846M vs $797.7M est, above • Q4 adj EPS

DEVON ENERGY $DVN Q3 CORE EPS $1.42 BEATS, ADJ NET INCOME $1.6B BEATS • Core EPS: $1.42 vs $1.33 est, beat • Adj net income: $1.6B vs $1.495B est, beat • EPS: $0.88 • Net income: $1.0B • Revenue: $5.9B • Free cash flow: $1.5B

FIGS $FIGS Q3 REVENUE $190.7M BEATS, ADJ EBITDA $31.5M BEATS • Revenue: $190.7M vs $180.2M est, beat • Adj EBITDA: $31.5M vs $25.6M est, beat • Adj EBITDA margin: 16.5% • Net income: $19.3M • FY net revenue growth guidance: 23.5% • FY adj EBITDA margin guidance: about

IREN LTD $IREN Q1 REVENUE $228M, ADJ EBITDA $66M MISSES, PRETAX LOSS NARROWER THAN EXPECTED • Revenue: $228M • Adj EBITDA: $66M vs $73.6M est, miss • EBIT: -$186M • Pretax profit: -$261M vs -$282.7M est, beat • Net income: -$263M IREN says its target of more than $4B in

*NASDAQ 100 SINKS 6.4%, WIPING OUT $2.3 TRILLION IN MARKET VALUE

KODIAK AI $KDK SECURES BINDING AGREEMENT WITH DTL TRANSPORT FOR 75 UNSUPERVISED AUTONOMOUS TRUCKS Kodiak also selected International LT as its third OEM platform, with unsupervised autonomous deployments targeted for the second half of 2027. The company reported Q3 2026 results.

TRUMP: SIGNING A DOCUMENT TO MAKE WHITE HOUSE OVAL OFFICE AND CABINET ROOM A NATIONAL MONUMENT

SOLVENTUM $SOLV Q3 ADJ EPS $1.45 BEATS, SALES $1.949B BEATS • Adj EPS: $1.45 vs $1.35 est, beat • Sales: $1.949B vs $1.935B est, beat • EPS: -$0.07 • Net income: -$12M • FY adj EPS guidance: $7.20-$7.30 vs $7.18 est, above • FY organic sales growth guidance: 2.5%-3%

NERDWALLET $NRDS Q3 REVENUE $239.6M MISSES, Q4 REVENUE AND ADJ EBITDA GUIDE BELOW • Revenue: $239.6M vs $251.9M est, miss • Adj EBITDA: $39.8M vs $44.8M est, miss • Net income: $14.9M • Pretax profit: $19.7M • Q4 revenue guidance: $191M-$203M vs $241.5M est, below • Q4 adj

ATLASSIAN $TEAM Q1 REVENUE $1.772B BEATS, Q2 REVENUE GUIDE ABOVE • Revenue: $1.77215B vs $1.711B est, beat • Gross profit: $1.510B • Operating income: $188.793M • Pretax profit: $170.195M • Net income: $90.721M • Q2 revenue guidance: $1.825B-$1.835B vs $1.819B est, above

EL POLLO LOCO HOLDINGS $LOCO Q3 ADJ EPS $0.24 IN LINE • Adj EPS: $0.24 vs $0.24 est, in line • Adj EBITDA: $17.1M • Adj net income: $7.3M • Operating income: $10.2M • Net income: $6.9M • EPS: $0.23

PLAYBOY INC $PLBY Q3 REVENUE $31.71M, ADJ EBITDA $7.92M, NET INCOME $1.86M • Revenue: $31.71M • Adj EBITDA: $7.92M • Operating income: $4M • Net income: $1.86M • Basic EPS: $0.02 • Operating expenses: $27.71M

THE HONEST COMPANY $HNST Q3 REVENUE $84.6M BEATS, ADJ EBITDA $6.285M BEATS • Revenue: $84.613M vs $80.8M est, beat • Adj EBITDA: $6.285M vs $2.56M est, beat • Net income: $91.319M • Gross margin: 45% • New share repurchase authorization: $30M

TEXAS ROADHOUSE $TXRH Q3 REVENUE $1.573B MISSES, EPS $1.36 • Revenue: $1.5731B vs $1.584B est, miss • EPS: $1.36 • Net income: $89.361M • EBIT: $102.988M

AIRBNB $ABNB Q3 REVENUE $4.87B BEATS, EPS $3.16 BEATS, Q4 REVENUE GUIDE ABOVE • Revenue: $4.87B vs $4.75B est, beat • EPS: $3.16 vs $2.85 est, beat • Gross booking value: $27.7B vs $26.21B est, beat • ADR: $179 • Nights and seats booked: 155.0M • Q4 revenue guidance:

AKAMAI $AKAM Q3 ADJ EPS $1.77 BEATS, REVENUE $1.122B IN LINE • Revenue: $1.122B vs $1.118B est, in line • Adj EPS: $1.77 vs $1.67 est, beat • Adj net income: $262M vs $252.5M est, beat • Adj EBITDA: $435M vs $433.1M est, in line • EPS: $0.77 • Net income: $117.1M

CORSAIR GAMING $CRSR Q3 REVENUE $367.0M BEATS, FY REVENUE GUIDE ABOVE • Revenue: $367.025M vs $336.6M est, beat • Gross profit: $97.826M • Operating income: -$1.641M • Pretax profit: -$1.397M • Net income: -$2.387M • FY revenue guidance: $1.456B-$1.486B vs $1.440B est,

NVIDIA $NVDA REPORTEDLY EXPLORES RETROFITTING OLD TELECOM BUILDINGS FOR AI DATA CENTERS Nvidia has approached Apollo about creating a network of small AI data centers potentially spanning 20 states across the US, per The Information.

MICHAEL BURRY SAYS HE SOLD 25% OF HIS SEMICONDUCTOR ETF PUTS

SENIOR IRANIAN OFFICIAL TO REUTERS: IRAN HAS SENT US A NUCLEAR PROPOSAL VIA QATAR, TO BE DISCUSSED ONLY AFTER WASHINGTON MEETS ITS SEVEN DEMANDS

MARCO RUBIO WEIGHS EXIT FROM TRUMP ADMINISTRATION AFTER GOP MIDTERM DEFEAT Secretary of State Marco Rubio is reportedly considering leaving the Trump administration following Republicans' sweeping midterm losses, according to Bloomberg. Rubio has reportedly discussed stepping

RUBIO CONSIDERS LEAVING ADMINISTRATION AFTER GOP'S MIDTERM LOSS

GOOGLE: BUILDING OUR FIRST DATA CENTER IN WYOMING, REPRESENTING A $17 BILLION INVESTMENT

IRAN'S FOREIGN MINISTER ARAQCHI DISCUSSES WITH UAE'S COUNTERPART REGIONAL DEVELOPMENTS, DIPLOMATIC EFFORTS FOR STABILITY -IRANIAN STATE MEDIA

U.S. STOCKS EXTEND LOSSES; S&P 500 DOWN 4.1%, NASDAQ DOWN 5.4%, DOW DOWN 3.2%

ANTHROPIC LAUNCHES PERSONAL FINANCE IN CLAUDE Anthropic is introducing Personal Finance in Claude, with a US beta rollout beginning this week for Pro, Max and Ultra subscribers. The feature provides read-only access to financial information and is not designed to offer

U.S. STOCKS EXTEND FALL, S&P 500 DOWN 4.00 PCT

IRAN'S SUPREME LEADER DECLARES US POWER IN IRREVERSIBLE DECLINE Iran's Supreme Leader claims America's military power and global influence are in irreversible decline. “America's declining power and dominance” have suffered an “irreversible decline,” he said, adding that “the

US AND IRAN SECRETLY COORDINATED DEPORTATIONS DURING WAR The Trump administration maintained secret contacts with Iran over deportations during the war, according to court documents unsealed Thursday. Hundreds of emails reveal coordination to return over 100 Iranians on three

$SPCX - SPACEX'S 5-YEAR CREDIT DEFAULT SWAPS WIDEN TO NEW PEAK, UP 24.5 BPS TO 286.56 - MARKIT DATA

US WARNS OF ONGOING CYBER THREAT TO INDUSTRIAL REFRIGERATION US officials issued a cybersecurity warning Thursday, citing an ongoing threat to industrial refrigeration systems. Authorities urged every organization relying on refrigeration to assume it could be targeted.

OPENAI UNVEILS GPT-6 CYBER, CLASSIFIED AS CRITICAL CYBERSECURITY CAPABILITY OpenAI has introduced GPT-6 Cyber, upgrading its cybersecurity capability classification to Critical, from High for GPT-5.6 Cyber. The model reportedly identified 81 previously unknown high-severity

IRAN REVIEWS CONCRETE NUCLEAR DEAL PROPOSALS IN POTENTIAL DIPLOMATIC BREAKTHROUGH Iran is reviewing new proposals on its nuclear program that could help end the war with the United States, according to The New York Times, citing five officials. Qatar-led mediation has gained

IRAN REFUSES TO REOPEN STRAIT OF HORMUZ Ending the Iran war is reportedly the main focus of Rezaei-Putin talks, according to Al Mayadeen. Iran insists the Strait of Hormuz will remain closed until its seven conditions are met, ruling out negotiations over that decision.

*IRAN REVIEWING ‘CONCRETE PROPOSALS’ ON NUCLEAR PROGRAM: NYT

US FIRST LADY MELANIA TRUMP: LET OLESHKY CEASEFIRE BE SPARK THAT GROWS INTO LASTING FLAME OF PEACE

UKRAINIAN FOREIGN MINISTER SAYS EXPECTS NEW STEPS TO SUPPORT UKRAINE AFTER U.S MID-TERM

$NVDA - NVIDIA TURNS NEGATIVE FOR 2026 AS AI STOCK SELLOFF DEEPENS Nvidia has erased its gains for the year, as a brutal semiconductor selloff continues to hammer Wall Street's AI trade. Shares plunged approximately 8% on Thursday, leaving the chip giant down around 2% year to

WALL STREET WATCHES CIRCUIT BREAKERS AS S&P 500 PLUNGES 3.8% US stocks are sliding sharply, bringing market-wide trading halt thresholds into focus. Under US circuit-breaker rules, the following S&P 500 levels would trigger: 🔸 7% decline — 7,150.41: 15-minute trading halt 🔸

$AAPL: -0.52% $NVDA: -8.65% $MSFT: -3.58% $GOOGL: -3.11% $AMZN: -4.18% $META: -6.04% $TSLA: -10.73% $SPCX: -10.74% $AMD: -16.12%

WALL STREET FEAR GAUGE SURGES 48% IN BIGGEST SPIKE SINCE LIBERATION DAY The CBOE Volatility Index (VIX) jumped as much as 48%, marking its largest percentage surge since April 4, 2025, when Trump's sweeping tariff announcements triggered a market meltdown. The spike comes as

MAGNIFICENT SEVEN ERASE $1.1 TRILLION IN BRUTAL TECH SELLOFF The Magnificent Seven are on track to lose $1.1 trillion in combined market capitalization in a single session, as the Nasdaq tumbles into correction territory. The decline would mark the group's largest one-day

$VIX > 27

ECB'S LAGARDE: DON'T EXPECT U.S. TARIFFS TO BE REVISITED RIGHT AWAY ECB'S LAGARDE: U.S. MID-TERM VOTE MAY HAVE AN IMPACT ON TARIFFS BUT IT'LL TAKE TIME

ECB'S LAGARDE: CURRENT SITUATION MADE HARD BY ENERGY SHOCK AND AI PULLING IN OPPOSITE DIRECTIONS ECB'S LAGARDE: VERY DIFFICULT TO DISENTANGLE SUPPLY DRIVEN AND DEMAND DRIVEN SHOCKS ECB'S LAGARDE: STILL NECESSARY TO APPLY TOOLS TO AVOID INFLATION RUNNING AWAY

RUSSELL 2000 INDEX FALLS 2.5%, SET FOR BIGGEST ONE-DAY DROP SINCE JUNE 5

IRAN'S SECURITY CHIEF REZAEI DELIVERS A MESSAGE FROM COUNTRY'S SUPREME LEADER MOJTABA KHAMENEI TO RUSSIA'S PUTIN - STATE MEDIA

U.S. STOCKS EXTEND FALL, DOW JONES <.DJI> DOWN 1.00 PCT

BTIG WARNS STOCK MARKET ROTATION COULD TRIGGER BROADER SELLOFF BTIG warns that Wall Street's relentless sector rotation is masking growing market fragility, with investors selling one group of stocks to buy another without meaningful overall gains. Currently, 22% of S&P 500

*TESLA SHARES EXTEND DECLINE TO 10%, SPACEX SHARES FALL 7.5%

MEXICAN PRESIDENT SHEINBAUM SAYS IT IS VERY LIKELY AND LOGICAL THAT RAIDS AND "RACISM" AGAINST IMMIGRANTS INFLUENCED THE LATINO VOTE IN US MIDTERM ELECTIONS

RUSSIA'S PUTIN, IRAN'S TOP SECURITY OFFICIAL MOHSEN REZAI MEET IN KREMLIN - IFX

*BARKIN SAYS INFLATION IS FED'S MOST IMPORTANT RISK NOW *BARKIN DOES NOT EXPECT INFLATION TO ACCELERATE OR FALL *BARKIN SAYS MONETARY POLICY CURRENTLY AROUND NEUTRAL *BARKIN SAYS GRADUAL POLICY APPROACH 'MAKES SENSE' *BARKIN SAYS POLICY PATH CLEAR; QUESTION IS PACE

🚨Political Trade Alert🚨 Rep. Maria Salazar has released a new financial disclosure. Highlights: $NVDA Nvidia $2k - $30k $PG Procter & Gamble $2k - $30k Sold: $CSCO Cisco $1k - $15k

🚨Political Trade Alert🚨 Rep. Daniel Meuser has released a new financial disclosure. Highlights: Sold: $NVDA Nvidia $1k - $15k

RUBIO REPORTEDLY 'ON RESIGNATION WATCH' AFTER GOP MIDTERM DEFEAT: INDEPENDENT

MARCO RUBIO REPORTEDLY CONSIDERING TRUMP ADMINISTRATION EXIT AHEAD OF 2028 Secretary of State Marco Rubio could leave the Trump administration to prepare for a 2028 presidential run, according to The Independent, citing political insiders. Sources say Rubio may seek to distance

FED'S HAMMACK CALLS FOR GRADUAL RATE HIKES AS INFLATION MOVES IN WRONG DIRECTION Federal Reserve official Beth Hammack says US monetary policy needs to become more restrictive, warning that inflation remains too high and is moving in the wrong direction. Hammack argues that

CHINESE AI LAB SEEKS NVIDIA BLACKWELL CHIPS THROUGH EUROPEAN DATA CENTERS China's Moonshot AI has reportedly explored renting Nvidia's advanced Blackwell computing capacity in Europe, potentially circumventing US restrictions on chip exports to China. According to CNBC,

CHINESE AI LAB MOONSHOT TURNED TO EUROPE FOR NVIDIA BLACKWELL ACCESS AMID U.S. CHINA CURBS - CNBC

U.S. TREASURY YIELDS HOLD STEADY AFTER DATA; YIELD ON 10-YEAR TREASURY NOTE LAST UP 1.04 BASIS POINTS AT 4.902% TWO-YEAR U.S. TREASURY YIELDS LAST UP 3.31 BASIS POINTS AT 4.614%

US JOBLESS CLAIMS -6K TO 189K IN OCT-31 WK; SURVEY 197K US OCT-24 WEEK CONTINUING CLAIMS +23K TO 1,718,000 US OCT-24 WEEK JOBLESS CLAIMS REVISED TO 195K

APPLE KICKS OFF SEVEN-PART US DOLLAR HIGH-GRADE BOND SALE

GOLDMAN SACHS: SHORT USD/JPY IS THE BEST FX HEDGE AGAINST AN AI SELLOFF Goldman Sachs recommends selling the US dollar against the Japanese yen to hedge against a potential AI-driven stock market decline. The bank analyzed the 20 largest episodes since 2000 when equities and

PUTIN ENVOY DMITRIEV DISMISSES REPORTS OF RUSSIAN DIESEL TANKERS BOUND FOR US CHANGING COURSE AS "FAKE" DMITRIEV SAYS TANKERS "CONTINUE ON COURSE"

EDWARDS LIFESCIENCES $EW Q3 SALES $1.716B BEATS, ADJ EPS $0.80 BEATS • Sales: $1.7155B vs $1.676B est, beat • Adj EPS: $0.80 vs $0.74 est, beat • EPS: $0.53

ALBEMARLE $ALB Q3 NET SALES $1.553B BEATS, ADJ EPS $2.58 BEATS • Net sales: $1.5531B vs $1.517B est, beat • Adj EBITDA: $645.5M vs $639.8M est, beat • Adj EPS: $2.58 vs $2.54 est, beat • EPS: $2.15 • FY capex guidance: $300M-$350M

PURPLE INNOVATION $PRPL Q3 REVENUE $96.5M, NET LOSS $1.42M, FY ADJ EBITDA GUIDE $15M-$20M • Revenue: $96.506M • Gross profit: $41.924M • Operating expenses: $51.695M • Operating income: -$9.771M • Pretax profit: -$1.344M • Net income: -$1.42M • FY adj EBITDA guidance:

HUBSPOT $HUBS Q3 REVENUE $947.6M BEATS, ADJ EBIT $214.2M BEATS • Revenue: $947.565M vs $924.8M est, beat • Adj EBIT: $214.2M vs $187.9M est, beat • Adj EBIT margin: 22.6% • Gross profit: $782.885M

U.S. STOCKS EXTEND GAINS; S&P 500 UP 1.84%, NASDAQ UP 2.1%

IRAN CLAIMS CREDIT FOR TRUMP'S MIDTERM DEFEAT Iran's security chief Mohsen Rezaei says Tehran delivered both a military and political defeat to President Trump, following Republicans' sweeping midterm losses. “The Iranian nation handed Trump a strategic defeat on the

TRUMP: NOT REPLACING HEGSETH, HE'S DOING A VERY GOOD JOB

*TRUMP: VANCE POST WAS GOOD, I KNOW HOW VANCE FEELS ABOUT WAR

TRUMP: IT WOULD DESTROY DEMOCRATIC PARTY IF THEY IMPEACHED ME

TRUMP SAYS `I'LL GET ALONG PROBABY WITH THE DEMOCRATS UNLESS THEY WANT TO BE DESTRUCTIVE'

TRUMP: WE WEREN'T ABLE TO TRANSFER THE LOVE TO CANDIDATES

TRUMP: IF I WERE ON THE BALLOT WE WOULD HAVE WON

TRUMP: I'LL GET ALONG PROBABLY WITH THE DEMOCRATS

S&P 500 HAS RISEN AFTER EVERY US MIDTERM ELECTION SINCE 1942 The S&P 500 has delivered positive returns in the 12 months following every US midterm election since 1942, according to Dow Jones Market Data. 🔸 Average one-year gain: Approximately 13% 🔸 1954 midterms: +33% 🔸

SCHUMER VOWS TO END IRAN WAR USING DEMOCRATS' NEW CONGRESSIONAL MAJORITY Senate Democratic leader Chuck Schumer declared that Democrats will move to end the Iran war, citing Congress's constitutional authority over federal spending. “We are going to end the war,” Schumer said

US HOUSE DEMOCRATIC LEADER JEFFRIES: HAVE NOT HEARD FROM TRUMP

DOW JONES EXTENDS GAINS TO HIT TWO-MONTH HIGH; LAST UP 2.95%

TRUMP CONSIDERS REPLACING DEFENSE SECRETARY HEGSETH AFTER GOP DEFEAT President Trump is privately asking advisers whether Defense Secretary Pete Hegseth should remain in office, CBS News reports, citing multiple sources. The discussions follow Republicans' sweeping midterm

TRUMP ASKING ADVISERS IF HEGSETH SHOULD GO, SOURCES SAY

US CRUDE FUTURES FALL BY MORE THAN $5/BBL, BRENT CRUDE FUTURES DOWN BY MORE THAN $7/BBL

US EXTENDS NATIONAL EMERGENCY ORDERS RELATED TO CHINA, IRAN

BRENT CRUDE FUTURES FALL MORE THAN $5 A BARREL

TRUMP'S VETO POWER COULD BLOCK DEMOCRATIC AGENDA Despite sweeping midterm victories, Democrats lack the two-thirds majorities needed to override President Trump's vetoes. Trump can reject legislation within 10 days, excluding Sundays, while a pocket veto can permanently block a

US, BRENT CRUDE FUTURES FALL BY MORE THAN $4 A BARREL

FRANCE'S 10-YEAR GOVERNMENT BOND YIELD EXTENDS FALL, LAST DOWN 12.5 BPS AT 4.80%

Trump's Vice President Blames Israel for Republican Defeat: "We Lost Because of Four Things - The War in Iran, the Cost of Living, Not Putting America First, and Our Relationship with Israel"

DEMOCRATS READY TRUMP PROBES AND AFFORDABILITY MEASURES

JD VANCE BLAMES IRAN WAR FOR REPUBLICAN MIDTERM DEFEAT Vice President JD Vance says Republicans lost because Trump’s 2024 voters switched to Democrats, not because GOP turnout collapsed. Citing internal polling, Vance said voters wanted an end to the Iran war, lower inflation,

SPOT PALLADIUM EXTENDS GAINS, UP 7% TO $999.00/OZ

VANCE: RELATIONSHIP WITH ISRAEL IS ONE REASON GOP LOST

US DIESEL SUPPLIES FALL BELOW 100M BBL, LOWEST SINCE 2003

MICROSOFT SHARES JUMP TO RECORD HIGH; LAST UP 6.1%

US OIL INVENTORIES FALL AS DISTILLATE STOCKS DROP SHARPLY EIA data showed another weekly decline in US petroleum inventories, with particularly large draws in distillate fuels. 🔸 Crude oil: -0.9 million barrels to 409.8 million 🔸 Distillates: -3.6 million barrels to 99.3

CBOE VOLATILITY INDEX HITS ABOUT ONE-WEEK LOW; LAST DOWN 3.87 POINTS AT 16.97

NORWAY'S $300 MILLION BET ON BATTERY STORAGE Norway's sovereign wealth fund has made its first direct investment in battery storage, acquiring a 10% stake in Aypa Power for $300 million. The transaction implies a valuation of approximately $3 billion for the North American

*JOHNSON WILL NOT RUN FOR HOUSE GOP LEADER ROLE: CNN

SPOT SILVER EXTENDS GAINS, UP NEARLY 5% TO $52.26/OZ

US OCT FINAL SERVICES PMI 56.1 (57.9 FLASH, 58.8 SEP) US OCT FINAL COMPOSITE PMI 55.9 (57.6 FLASH, 58.4 SEP)

US HYPERSCALER STOCKS RALLY IN EARLY TRADE AMAZON UP 7% MICROSOFT UP 5.7% ALPHABET UP 2.9% META UP 1.7%

TESLA SHARES FALL 4.3% TO TWO-WEEK LOW, SPACEX DOWN 4.6% TO OVER TWO-MONTH LOW AFTER DEMOCRATIC SWEEP IN US MIDTERM ELECTIONS

*UAE MULLS THIRD CRUDE OIL PIPELINE TO AVOID STRAIT OF HORMUZ

IRAN'S STATE MEDIA CITING IRGC SAYS A US MQ1 DRONE WAS DESTROYED BY IRANIAN AIR DEFENSES OVER QESHM ISLAND

🚨Political Trade Alert🚨 Rep. Robert Latta has released a new financial disclosure. Highlights: $FMAO Farmers & Merchants Bancorp $1k - $15k

US WTI CRUDE PRICES FALL 3% TO $93.25 A BARREL

PAKISTAN SIGNALS POSITIVE PROGRESS IN IRAN DIPLOMACY Pakistan's prime minister described recent diplomatic interactions with Iran and regional countries as "very positive." Islamabad reaffirmed its commitment to de-escalating tensions, restoring peace in the Middle East and

US TRADE DEFICIT NARROWS TO $105 BILLION, BEATING EXPECTATIONS The US trade deficit narrowed to $105.0 billion in September, below the $108.0 billion consensus forecast and August's revised $105.7 billion. 🔸 Exports: $321.51 billion (+1.9%) 🔸 Imports: $426.56 billion (+1.2%)

TRUMP CANCELS PUBLIC APPEARANCES AFTER GOP MIDTERM DEFEAT President Trump has no public events scheduled Wednesday, following sweeping Republican losses in the midterm elections. His White House schedule includes only closed-door policy meetings. In a Wall Street Journal

US ADP EMPLOYMENT: PRIVATE SECTOR ADDS 86,000 JOBS IN OCTOBER US private employers added 86,000 jobs in October, marking a second consecutive month of solid hiring growth. 🔸 Services: +82,000 jobs 🔸 Goods-producing: +4,000 jobs 🔸 Trade and transportation: +39,000 jobs 🔸

$SPCX - SPACEX, TESLA SLIDE DESPITE MORGAN STANLEY'S BULLISH OUTLOOK SpaceX fell 5% and Tesla dropped 5.6% as Democratic election gains raised concerns over regulatory scrutiny and Elon Musk's political exposure. Meanwhile, Morgan Stanley raised its SpaceX price target to

GOLDMAN SACHS: DEMOCRATIC WINS COULD THREATEN 45% OF US DATA CENTER EXPANSION Goldman Sachs warns that Democratic victories at state and local levels could trigger temporary data-center construction moratoria. 🔸 45% of planned US data-center capacity could be affected. 🔸

TRUMP SAYS HE IS 'ABSOLUTELY WILLING TO ACCEPT' ELECTION RESULTS

NBC PROJECTS DEMOCRATS WIN CONTROL OF US HOUSE

CNN PROJECTS DEMOCRATS WIN CONTROL OF US HOUSE

DEMOCRAT ROB SAND DEFEATS REPUBLICAN ZACH LAHN IN RACE FOR REPUBLICAN-HELD GOVERNOR'S RACE IN IOWA - DECISION DESK HQ

ADVANCED MICRO DEVICES $AMD Q3 REVENUE $13.38B BEATS, ADJ EPS $2.09 BEATS, Q4 GUIDE ABOVE • Revenue: $13.377B vs $13.094B est, beat • Adj EPS: $2.09 vs $1.95 est, beat • Adj net income: $3.471B vs $3.209B est, beat • EPS: $1.46 • Net income: $2.428B • Gross margin: 54% •

MARQETA $MQ Q3 REVENUE $176M IN LINE, ADJ EBITDA $39M BEATS • Revenue: $176M vs $175.6M est, in line • Adj EBITDA: $39M vs $36.9M est, beat • Gross profit: $122M • Gross margin: 69% • Net income: $115M • EPS: $1.09 • FY revenue growth guidance: 11%-12%

COUPANG $CPNG Q3 REVENUE $10.0B BEATS, NET LOSS $501M • Revenue: $10.0B vs $9.704B est, beat • Gross profit: $2.6B • Gross margin: 25.7% • Adj EBITDA: $116M • Net income: -$501M

BLOCK $XYZ Q3 ADJ EPS $1.13 BEATS, REVENUE $6.72B BEATS, FY ADJ EPS GUIDE ABOVE • Adj EPS: $1.13 vs $1.03 est, beat • Revenue: $6.72B vs $6.59B est, beat • Gross profit: $3.24B • Q4 adj EPS guidance: $1.15 vs $1.15 est, in line • Q4 gross profit guidance: $3.315B • FY adj

TOAST $TOST Q3 REVENUE $1.981B BEATS, ANNUAL RECURRING REVENUE $2.5B • Revenue: $1.981B vs $1.973B est, beat • Annual recurring revenue: $2.5B • Gross profit: $543M • Operating income: $165M • Net income: $169M • EPS: $0.29 • Operating expenses: $378M

ASTERA LABS $ALAB Q3 REVENUE $584.9M BEATS, ADJ EPS $1.32 BEATS • Revenue: $584.9M vs $550.8M est, beat • Adj EPS: $1.32 vs $1.19 est, beat • Adj operating income: $261.6M vs $232.6M est, beat • Adj net income: $243.4M vs $215M est, beat • Operating income: $179.1M • Net

COMSCORE $SCOR Q3 REVENUE $76.2M, NET LOSS $65.5M • Revenue: $76.158M • Adj EBITDA: $5.8M • Income from operations: -$66.763M • Pretax profit: -$65.944M • Net income: -$65.495M • FY revenue guidance: $315M-$325M

VARONIS SYSTEMS $VRNS Q3 REVENUE $189.5M BEATS • Revenue: $189.461M vs $186.9M est, beat • Gross profit: $142.571M • Operating income: -$47.714M • Net income: -$41.648M

REVOLVE $RVLV Q3 SALES $356.0M BEATS, ADJ EBITDA $23.5M BEATS • Sales: $355.959M vs $345M est, beat • Adj EBITDA: $23.491M vs $23.1M est, beat • EPS: $0.20 • Net income: $15.524M • Gross profit: $191.795M • Gross margin: 53.9%

AVIS BUDGET GROUP $CAR Q3 ADJ EBITDA $513M MISSES, REVENUE $3.4B MISSES • Adj EBITDA: $513M vs $557.1M est, miss • Revenue: $3.400B vs $3.421B est, miss • Net income: $199M

NETFLIX $NFLX INTRODUCES AI DISCOVER TAB FOR SELECT MEMBERS ON TV APP Netflix will roll out AI Discover in the US for English-speaking members on supported TVs.

UBER'S JILL HAZELBAKER TO JOIN OPENAI AS CHIEF CORPORATE AFFAIRS OFFICER, REPORTEDLY Hazelbaker is leaving Uber $UBER for the role, per The Information.

JIO PLATFORMS HELD TALKS WITH COMCAST $CMCSA AND CHARTER $CHTR TO LICENSE BROADBAND TECH FOR EQUITY, SOURCES SAY Two people familiar say Ambani's Jio held talks about licensing its wireless broadband technology in exchange for potential stakes in the businesses. Earlier talks

US MIDTERMS: SCHUMER SAYS DEMOCRATS ARE "NAUSEOUSLY OPTIMISTIC" Senate Minority Leader Chuck Schumer expressed cautious optimism after voting in Brooklyn, suggesting Democrats have a realistic chance of reclaiming the Senate. "A year ago, no one thought we'd be even close to

US OFFICIALS HAVE HELD UP APPROVAL FOR AMERICAN CHIPMAKING EQUIPMENT NEEDED BY SK HYNIX TO EXPAND PRODUCTION IN CHINA - PEOPLE FAMILIAR SAY

META $META USD BOND OFFERING DRAWS AS MUCH AS $58 BILLION OF ORDERS Investors placed as much as $58 billion of orders on the offering, which is expected to be at least $15 billion in size, per Bloomberg.

BILL ACKMAN: STOCK MARKET IS "BROKEN" BY SPECULATIVE TRADING Pershing Square founder Bill Ackman warns that excessive leverage and speculation are driving irrational stock-price swings. Ackman compared today's trading environment to casino-style markets, criticizing leveraged

U.S. STOCK INDEXES EXTEND GAINS; S&P 500 UP 0.70%, NASDAQ UP 1.2%

US IN TALKS WITH VENEZUELA FOR LONG-TERM MILITARY PRESENCE: NYT

AI BOOM: $10 TRILLION SPENDING WAVE RAISES FINANCIAL RISKS Former New York Fed President Bill Dudley warns that AI infrastructure investment could exceed $10 trillion, potentially creating massive overcapacity. Dudley estimates that only 2–3 of today's 7–8 aspiring AI

YEMEN WARNS: SAUDI ARAMCO FACILITIES AT RISK A Yemeni military source warned that Aramco facilities are within strike range, according to Saba News Agency. The source cautioned that high dividends may conceal security risks and questioned Aramco's reported $10 billion borrowing

ECB'S NAGEL: A RATE HIKE IN DECEMBER IS VERY LIKELY TO BE NECESSARY ECB'S NAGEL: INFLATIONARY PRESSURES HIGHER THAN EXPECTED IN SEPTEMBER; APPROACHING ADVERSE SCENARIO ECB'S NAGEL: WE CAN AND MUST PREVENT ENERGY PRICE SPIKE CAUSING BROAD-BASED INFLATION

US–IRAN: ISRAELI CHEMICAL WEAPONS WARNING DIVIDES WASHINGTON Israel has warned US intelligence officials that Iran may be preparing to use chemical weapons, but the claims have triggered significant disagreement within the Trump administration. Some US officials take the threat

*ISRAEL TELLS US IRAN WEIGHING CHEMICAL ARMS USE: NYT *NYT CITES US, REGIONAL OFFICIALS ON ISRAELI INTEL ON IRAN

*ISRAEL INTEL MET WITH ALARM, SKEPTICISM BY US OFFICIALS: NYT

TOYOTA $TM OCTOBER US SALES 221,507 VEHICLES, ELECTRIFIED SALES UP 34.6% Toyota Motor North America reported 126,054 electrified vehicles sold in the US in October 2026, up 34.6% on a volume basis.

GREENLAND'S PARLIAMENT APPROVES SECURITY DEAL WITH THE UNITED STATES

SOUNDHOUND AI $SOUN PARTNERS WITH LG ELECTRONICS, TARGETS 20 MILLION US SMART TVS The partnership expands restaurant and merchant participation on LG smart TVs in the US, with an initial target footprint of 20 million LG smart TVs. Restaurants are the first category of focus,

US–IRAN: WASHINGTON REPORTEDLY APPROVES QATARI PROPOSAL The US has informed Qatar's mediator that it approves the submitted proposal, Al Arabiya English reports, citing a senior source. Mediators are now awaiting Iran's response. The report partially supports earlier claims

US JOB OPENINGS RISE TO 7.52 MILLION IN SEPTEMBER US job openings increased to 7.523 million in September, up from an upwardly revised 7.190 million in August, signaling stronger labor demand. Hiring rose to 5.402 million, while voluntary quits climbed to 3.365 million, pushing

US FACTORY ORDERS SURGE 1.8%, BEATING EXPECTATIONS US factory orders rose 1.8% in September, exceeding the 1.2% consensus forecast and accelerating from August's upwardly revised 0.3% gain. Orders excluding transportation increased 1.3%, while orders excluding defense jumped

U.S. TREASURY YIELDS RISE SLIGHTLY AFTER ECONOMIC DATA; YIELD ON 10-YEAR TREASURY NOTE LAST UP 5.36 BASIS POINTS AT 4.948% TWO-YEAR U.S. TREASURY YIELDS LAST UP 3.13 BASIS POINTS AT 4.614%

IRAN: STRAIT OF HORMUZ WILL REMAIN CLOSED UNTIL US MEETS SEVEN CONDITIONS Rezaee says Washington's response to Iran's demands has been insufficient, insisting that the US must explicitly address and fulfill all seven Iranian conditions. He stressed that the Strait of Hormuz

ANTHROPIC ENGINEERS FOUND CLAUDE CUTS TIME TAKEN TO DESIGN CHIPS COMPARED TO THEIR ESTIMATES OF WORKFLOWS AT DESIGNERS SUCH AS NVIDIA, AMD- THE INFORMATION

OIL AND GAS SLIDE ON US–IRAN DEAL REPORTS Energy prices fall sharply after Al-Araby Al-Jadeed reported progress toward a US–Iran agreement involving nuclear concessions and frozen funds. Market reaction: 🔸 Brent: -2.8% to $101.80 🔸 WTI: -1.8% to $94.73 🔸 TTF Gas: -6.7% to

*ACKMAN SAYS MORE LIQUID PREDICTION MARKETS OFFER BETTER FORECAST SIGNALS

*ACKMAN SAYS NETFLIX STOCK 'INCREDIBLY CHEAP'

US–IRAN: NEW REPORTS DETAIL POTENTIAL NUCLEAR CONCESSIONS AND FROZEN FUNDS DEAL Iran may announce concessions on its nuclear program in exchange for Washington releasing part of Tehran's frozen funds, according to Al-Araby Al-Jadeed, citing sources close to the negotiating team.

US–IRAN: REPORTS SIGNAL POTENTIAL DIPLOMATIC BREAKTHROUGH Washington has reportedly approved a draft memorandum of understanding presented to Iran by Qatari mediators, according to Al-Araby Al-Jadeed, citing sources close to the mediation team. Discussions are reportedly

ZELENSKIY CONFIRMS UKRAINE, RUSSIA, US MEETING IN ABU DHABI ON NOV 10-11

TRUMP SAYS REPUBLICAN MIDTERM RESULTS MAY BE BETTER THAN EXPECTED

TRUMP SAYS US SHOULD PAY LOWEST INTEREST RATES IN WORLD

BRENT, U.S. WTI CRUDE FUTURES TURN NEGATIVE FALL NEARLY 3% AFTER US PRESIDENT TRUMP SAYS US WILL STOP PAYING ISRAEL AFTER YEAR-END

SPOT GOLD REVERSES COURSE, UP 0.4% TO $3,964/OZ

TRUMP ON ISRAEL AID: WILL HAVE OPTION TO BUY WEAPONS, WHATEVER THEY WANT

TRUMP ON ISRAEL AID: GETS CUT OFF AT END OF YEAR -FOX NEWS TRUMP ON ISRAEL AID: THEY DON'T NEED IT TRUMP ON ISRAEL AID: IF THEY DID NEED IT, I WOULD SAY KEEP IT GOING TRUMP ON ISRAEL AID: REACHED AGREEMENT WITH NETANYAHU -FOX NEWS INTERVIEW

*TRUMP ADDS IF US HAS TO KILL PEOPLE IN IRAN, IT HAS TO

*TRUMP, ASKED ON IRAN AFTER ELECTIONS: WE'LL SEE *TRUMP ON IRAN FACILITY: WE HIT IT LAST NIGHT VERY NICELY *TRUMP ON IRAN: NOT LOOKING TO KILL TONS OF PEOPLE *TRUMP REFERS TO ANTI-AIRCRAFT FACILITY IRAN BUILT RECENTLY

TRUMP: CLOSE TO FERTILIZER DEAL FROM CANADA -FOX NEWS INTERVIEW

*TRUMP CALLS ISRAEL A 'HELPER', SAYS RELATIONSHIP TREMENDOUS

*TRUMP: MADE DEAL W/ ISRAEL MONTHS AGO WE'RE STOPPING $4B AID

TRUMP: WON'T BE PAYING MORE TO ISRAEL -FOX NEWS INTERVIEW

MEETING BETWEEN EU, UKRAINE AND US REPRESENTATIVES IN BRUSSELS ON WEDNESDAY TO DISCUSS PROSPERITY PLAN AND SECURITY GUARANTEES, SOURCE SAYS

ANTHROPIC TO HAVE OVER 3.5GW COMPUTING POWER BY END 2026 - NYT

MELANIA TRUMP WILL BRING REPRESENTATIVES OF RUSSIA AND UKRAINE TOGETHER AT WHITE HOUSE ON NOV 5 -WHITE HOUSE

GOLDMAN SACHS: HEDGE FUNDS CUT LEVERAGE AT FASTEST PACE SINCE MARCH Hedge funds aggressively reduced risk in October, with net leverage falling 4.2 percentage points to 73.4%. Goldman Sachs reported approximately $20 billion in technology-stock sales over two weeks, while five

QATARI MEDIATORS EXPECT FEEDBACK FROM US AND IRAN WITHIN 36 HOURS ON NEW PROPOSAL TO ADVANCE TALKS - OFFICIAL BRIEFED ON THE TALKS TO REUTERS

*IRAN PRESIDENT: LEADER ALLOWED TALKS ON NON-NEGOTIABLE ISSUES

REUTERS POLL: DOLLAR STRENGTH EXPECTED AS EURO FORECASTS CUT Reuters FX strategists lowered their near-term euro forecasts, signaling expectations for a stronger US dollar. EUR/USD forecasts: 🔸 3 months: $1.13, down from $1.15 🔸 6 months: $1.14, down from $1.15 🔸 12 months:

*CZ WARNS AI-DRIVEN CYBER THREATS POSE RISKS TO GLOBAL FINANCIAL SYSTEM *CZ SAYS BANKS MAY BE MORE VULNERABLE TO CYBERATTACKS THAN CRYPTO EXCHANGES

PFIZER ($PFE ) BEATS Q3 EARNINGS AND REVENUE EXPECTATIONS Pfizer reported stronger-than-expected Q3 results, beating Wall Street estimates on both revenue and adjusted earnings. Revenue: $16.58B vs. $15.87B expected. Adjusted EPS: $0.87 vs. $0.73 expected. Net Income: $3.24B.

*CZ SAYS BINANCE NOW SEEING NET HOURLY INFLOWS AFTER INITIAL WITHDRAWALS

US MIDTERMS HISTORICALLY SIGNAL STRONG STOCK MARKET GAINS The S&P 500 has gained an average of approximately 7% during the fourth quarter of midterm election years, according to Deutsche Bank strategist Parag Thatte. Over the past 23 midterm election years, the index posted

DISNEY $DIS REPORTEDLY EYES THOUSANDS OF LAYOFFS, MANAGERS ASKED TO CUT 20%

ORACLE $ORCL REPORTEDLY NEARS $10 BILLION SHARE SALE AT 11% DISCOUNT

APPLE $AAPL GUIDES DECEMBER QUARTER REVENUE UP 7% TO 10% • Revenue growth: 7%-10% YoY vs 6.1% est, above • Services growth: 8%-9% YoY • Gross margin: 45%-46% vs 46.3% est, below Apple expects the December quarter to be its best revenue quarter ever.

GRAB $GRAB Q3 REVENUE UP 27% TO $1.112B, RAISES FY2026 GUIDANCE • Q3 revenue: $1.112B, +27% YoY • Q3 diluted EPS: $0 • FY2026 revenue guidance: raised to $4.15B-$4.20B • FY2026 adj EBITDA guidance: raised to $790M-$800M

ALPHABET $GOOGL FILES FOR 7-PART NOTES OFFERING OF UP TO €6 BILLION

GOODRX $GDRX SAYS Q1 AND Q2 2026 FINANCIAL STATEMENTS SHOULD NOT BE RELIED UPON GoodRx also expects material weaknesses in internal control for Q1 and Q2 2026, according to an SEC filing.

UPWORK $UPWK Q3 REVENUE $185.6M BEATS, ADJ EBITDA $63.8M BEATS • Revenue: $185.6M vs $180.2M est, beat • Adj EBITDA: $63.8M vs $52.3M est, beat • Adj EPS: $0.40 • Net income: $31.8M • Q4 revenue guidance: $169M-$177M

*APPLE 4Q EPS $2.10, EST. $2.00 *APPLE 4Q REV. $114.48B, EST. $113.47B *APPLE 4Q WEARABLES, HOME & ACCESSORIES $8.30B, EST. $9B *APPLE 4Q IPHONE REVENUE $57.58B, EST. $56.49B *APPLE 4Q GREATER CHINA REV. $17.54B, EST. $18.75B *APPLE 4Q TOTAL OPER EXPENSES $19.19B, EST.

APPLE $AAPL Q4 REVENUE $114.48B BEATS, EPS $2.10 BEATS • Net sales: $114.48B vs $113.39B est, beat • EPS: $2.10 vs $1.99 est, beat, includes a favorable $0.05 from tariff refunds • iPhone: $57.58B vs $56.54B est, beat • Mac: $10.79B vs $9.61B est, beat • Services: $31.57B

CLOROX $CLX Q1 ADJ EPS $1.55 BEATS, REVENUE $1.91B BEATS • Revenue: $1.910B vs $1.876B est, beat • Adj EPS: $1.55 vs $1.06 est, beat • EPS: $1.39 • Gross margin: 40.4% • FY revenue growth guidance: 13%-14% • FY adj EPS guidance: $5.70-$6.00 vs $5.70 est, midpoint above •

NORTH KOREA SAYS CLAIMS THAT IT WAS BEHIND BINANCE HEIST IS "FABRICATION"

ON SEMICONDUCTOR $ON Q3 REVENUE $1.722B BEATS, ADJ EPS $0.90 • Revenue: $1.7223B vs $1.703B est, beat • Adj EPS: $0.90 vs $0.88 est, beat • EPS: $0.79 • Net income: $314.4M • Adj gross margin: 41.2% • Q4 revenue guidance: $1.715B-$1.815B • Q4 adj EPS guidance: $0.95-$1.07

ONSEMI $ON TO BUY FERRIC FOR $600 MILLION CASH PLUS UP TO $175 MILLION CONTINGENT onsemi says the acquisition is expected to be accretive to its long-term revenue, gross margin and EPS targets.

BIOMARIN PHARMACEUTICAL $BMRN Q3 ADJ EPS $0.23 BEATS, REVENUE $1.025B IN LINE • Revenue: $1.025B vs $1.026B est, in line • Adj EPS: $0.23 vs $0.12 est, beat • EPS: -$0.63 • Net income: -$123M

DIAMONDBACK ENERGY $FANG Q3 OIL PRODUCTION 525 MBO/D, BASE DIVIDEND RAISED OVER 7% • Q3 oil production: 525 MBO/D, flat with Q2 and above the guidance midpoint • Q3 total production: 1,034 MBOE/D, up 2% quarter over quarter • Base dividend: raised by over 7% to $4.72 per

SALESFORCE $CRM SIGNS DEFINITIVE AGREEMENT TO ACQUIRE CRESTA

LATTICE SEMICONDUCTOR $LSCC Q3 REVENUE $291.0M BEATS, ADJ EPS $0.72 • Revenue: $291.035M vs $255.5M est, beat • Adj EPS: $0.72 vs $0.55 est, beat • EPS: $0.08 • Net income: $11.206M • Adj gross margin: 70.9%

U.S. TREASURY YIELDS FALL TO LOWEST LEVELS SINCE SEPT 10; YIELD ON 10-YEAR TREASURY NOTE LAST DOWN 5.76 BASIS POINTS AT 4.871%

*ANTHROPIC TO LAUNCH UK RETAIL IPO ALONGSIDE US OFFERING

US–IRAN BREAKTHROUGH REPORTED, BUT CAUTION WARRANTED Al-Jadeed reports a breakthrough in US–Iran negotiations, claiming Qatari mediation successfully resolved procedural obstacles. However, the report remains unconfirmed by major international news agencies, and previous claims

ISRAEL TO SUPPORT US DECISION ON IRAN: UN ENVOY DANON TO AL ARABIYA ISRAEL, US NOT DISCUSSING NUCLEAR STRIKE ON IRAN: DANON TO AL ARABIYA

EDWARDS LIFESCIENCES $EW: TAVR CUTS DEATH OR HEART FAILURE EVENTS 33% VS CLINICAL SURVEILLANCE IN PROGRESS TRIAL Edwards says the PROGRESS trial showed its TAVR was superior to clinical surveillance in patients with moderate aortic stenosis and at-risk features. • Death or

META $META EYES AT LEAST $20B IN POTENTIAL US DOLLAR, EURO BOND SALE

POWER OUTAGE HITS DOWNTOWN WASHINGTON AHEAD OF ELECTION DAY More than 1,100 customers lost power in Washington, D.C., just blocks from the White House, on the eve of the US midterm elections. Utility provider Pepco reports 1,176 affected customers, with a substation failure

MUSK THROTTLES GROK BOT AS AI COSTS BECOME UNSUSTAINABLE Elon Musk confirmed SpaceX intentionally restricted Grok Bot usage over Halloween weekend, citing operating costs that were “unsustainably high relative to revenue.” Some users reported their weekly usage jumping from 50%

TRUMP ADMINISTRATION ASKS US SUPREME COURT TO INTERVENE IN ITS LAWSUIT SEEKING ‌TO BLOCK CALIFORNIA FROM COUNTING CERTAIN MAIL-IN BALLOTS

BRENT CRUDE FUTURES FALLS OVER $8/BBL ON HOPES FOR PROGRESS ON IRAN WAR EFFORTS

AUTOMAKERS URGE US LAWMAKERS QUICKLY PASS PERMANENT BAN ON CHINESE VEHICLES WHEN THEY RETURN FOR POST-ELECTION SESSION

IRAN THREATENS US BASES IN EUROPE IF TRUMP ORDERS NEW STRIKES

META HOLDS CALLS FOR MULTI TRANCHE DOLLAR AND EURO BOND SALE

TRUMP SIGNALS POSSIBLE PARDONS FOR ALLIES, INCLUDING ELON MUSK President Trump suggested he could pardon political allies, including Elon Musk, if they face legal action. "I would do it if I needed to," Trump said in a Pod Force One interview, referencing his January 6 pardons.

APPLE'S PREMIUM VALUATION LEAVES LITTLE ROOM FOR ERROR: OPPENHEIMER Oppenheimer reiterated its Perform rating on Apple ($AAPL ) ahead of earnings, warning that its elevated valuation limits upside. The firm forecasts Q4 revenue of $112.9 billion and EPS of $1.96, both below

*KAZAKHSTAN SAYS ATYRAU-SAMARA OIL FLOWS HALTED

MOULIN: INFLATION CLEARLY ABOVE OUR OBJECTIVE

GERMANY WARNS POLITICIANS THEIR IPHONES MAY BE HACKED: FT

U.S. STOCKS EXTEND GAINS, S&P 500 UP 1.00 PCT

U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.00 PCT

MOULIN: GLOBAL RATE INCREASES IMPACT ALL COUNTRIES

*MOULIN: MARKETS PERHAPS OVERREACTING TO FRENCH SITUATION

BANK OF FRANCE'S MOULIN: FRANCE WILL PROBABLY GET A BUDGET, MARKETS ARE PROBABLY OVER-REACTING

BANK OF FRANCE'S MOULIN: THE SITUATION IN FRANCE IS A CAUSE FOR CONCERN

SK HYNIX JUMPS 2.4% AFTER OPENAI CEO'S SOUTH KOREA VISIT SK hynix shares rose 2.4% after OpenAI CEO Sam Altman reportedly met SK Group executives to discuss HBM supply and Stargate AI infrastructure. SK hynix says customers are requesting more than twice its available HBM

US CONSTRUCTION SPENDING PLUNGES 1.9%, SHARPLY MISSING EXPECTATIONS US construction spending fell 1.9% in September, significantly worse than the 0.3% increase expected by economists. Total spending declined to an annualized $2.186 trillion. Private construction spending

US MANUFACTURING BEATS EXPECTATIONS AS PRICE PRESSURES EASE The ISM Manufacturing PMI rose to 55.5 in October, beating the 54.5 consensus and September's 54.5 reading. New Orders: 55.5 vs. 55.3 previously. Employment: 52.4 vs. 52.0 expected, down from 52.7. Prices Paid: 75.2

EXPLOSION REPORTED AT BRITISH EMBASSY IN BAGHDAD Iran's Tasnim News Agency reports explosions were heard inside the British Embassy in Baghdad. No official confirmation, casualties or damage details are available.

US OCT FINAL MANUF PMI 54.9 (56.0 FLASH, 55.9 SEP)

ORACLE SHARES FALL 4.9% AFTER CO ANNOUNCES PLANS TO RAISE $20 BLN THROUGH BOND AND STOCK SALES

$ANT - ANTHROPIC REPORTS 1,127% REVENUE SURGE, $895 BILLION IN COMMITMENTS Anthropic reported Q3 2026 revenue of $17 billion, representing 1,127% year-over-year growth, according to SEC filing headlines. The AI company reported a $567 million operating loss, alongside $2.5

ANTHROPIC: REVENUE GREW 1,127% YEAR OVER YEAR FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026

ANTHROPIC: OPERATING LOSS WAS $567 MILLION FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026

IRAN WARNS US OF STRONGER MILITARY RESPONSE AS HORMUZ TALKS INTENSIFY Iranian Foreign Minister Abbas Araghchi says negotiations through Qatar and Pakistan are intensifying, but Washington must accept Tehran's conditions to reopen the Strait of Hormuz. Araghchi said Iran is

IRAN'S ARAQCHI: IF THE US ACCEPTS OUR CONDITIONS THE STRAIT OF HORMUZ WILL BE REOPENED AND NEGOTIATIONS WILL BE RESUMED - IRNA

IRAN'S FOREIGN MINISTER ARAQCHI SAYS CONSULTATIONS THROUGH MEDIATORS, QATAR AND PAKISTAN, ARE VERY INTENSE - IRNA

MORGAN STANLEY DOWNGRADES COINBASE, SLASHES PRICE TARGET TO $120 Morgan Stanley downgraded Coinbase ($COIN ) to Underweight from Equal-weight, cutting its price target to $120 from $258, a 53% reduction. Analyst Michael Cyprys cited weakening trading activity, a disappointing

🚨Political Trade Alert🚨 Rep. John McGuire III has released a new financial disclosure. Highlights: $MU Micron $3k - $5k Sold: $AVGO Broadcom $1k - $15k

🚨Political Trade Alert🚨 Rep. Thomas Kean Jr. has released a new financial disclosure. Highlights: $TXN Texas Instruments $1k - $15k $ESAB ESAB Corp. $1k - $15k$1k - $15k Sold: $ABT Abbott Labs $1k - $15k $JNJ Jonshon & Johnson $1k - $15k $SYK Stryker $1k - $15k

GOLDMAN RESTRICTS TRADERS AND BANKERS FROM USING SOME AI TOOLS

GOLDMAN SACHS SHARPLY RAISES OIL PRICE FORECASTS THROUGH 2027 Goldman Sachs raised its Brent crude forecast for Q4 2026 to $108 per barrel, up from $95, while increasing its WTI forecast to $96 from $85. The bank also lifted its 2027 Brent forecast to $88 from $80 and WTI to

SPOT GOLD EXTENDS GAINS, UP NEARLY 2% TO $3,950.37/OZ

WHITE HOUSE'S HASSETT DISMISSES AI FINANCING FEARS White House economic adviser Kevin Hassett says the AI investment boom remains well-financed, dismissing concerns following last week's technology selloff. Hassett acknowledged risks among heavily indebted companies but argued

JPMORGAN SEES POST-MIDTERM MARKET DIP AS BUYING OPPORTUNITY JPMorgan warns that renewed US-Iran conflict after the midterm elections could trigger an equity selloff and another oil price spike. However, strategist Mislav Matejka expects any escalation to be short-lived,

IRAN'S PRESIDENT SAYS WAR WILL NOT FORCE TEHRAN TO SURRENDER Iranian President Masoud Pezeshkian declared that military pressure will not force Iran into submission, vowing to resist what he described as foreign threats and excessive demands. Pezeshkian said Tehran remains

*IRAN SUPREME LEADER HAS GRANTED GOVT AUTHORITY FOR TALKS: IRNA

SPOT SILVER RISES OVER 3% TO $50.78/OZ

$CRWV $CRWD - COREWEAVE PARTNERS WITH CROWDSTRIKE TO SECURE MISSION-CRITICAL AI WORKLOADS AT SCALE

IRAN'S IRGC REPORTS OIL TANKER STRUCK NAVAL MINE IN STRAIT OF HORMUZ Iran's Revolutionary Guard (IRGC) says a tanker struck a naval mine and caught fire in the eastern Strait of Hormuz, according to Fars News Agency. The IRGC claims the vessel was operating in a restricted area

IRAN LEAVES DOHA TALKS AS NEW US DEAL PROPOSAL CIRCULATES Iranian officials have left Doha following indirect negotiations with Washington, as a draft proposal for a potential agreement circulates. Tehran insists that the US naval blockade must end before any final agreement or

LYNX EQUITY WARNS APPLE OF NEAR-TERM SUPPLY PRESSURE, SEES 2027 RECOVERY Lynx Equity expects Apple ($AAPL ) to face significant supply shortages and pricing pressure in the December quarter, potentially resulting in weaker-than-expected guidance. Consensus forecasts just 6%

STRATEGY ($MSTR ) BUYS 811 BITCOIN, REPURCHASES $208 MILLION IN PREFERRED SHARES Strategy acquired 811 BTC for $65.5 million at an average price of $80,846 per Bitcoin, bringing total holdings to 849,327 BTC. The company also sold 1.18 million MSTR shares, raising $164 million,

BINANCE: WORKING TO RESUME WITHDRAWALS FOR ADDITIONAL NETWORKS AND ASSETS WITH THE NEXT PHASE PLANNED FOR TUESDAY

VITOL CEO: OIL MARKET COULD SEE A PRETTY DIFFICULT SPRING VITOL CEO: OIL DEMAND WILL TAKE YEAR TO RECOVER TO 2025 LEVEL

VITOL CEO SAYS AT END 2026 WE WILL FIND DEMAND HAS SHRUNK BY ABOUT 3 MLN BBLS PER DAY VITOL CEO SAYS WORLD CANNOT COPE WITH A LARGER DISRUPTION THAN TODAY’S

$ORCL - *ORACLE CORP FILES MIXED SHELF

*PBOC CUTS STOCK BUYBACK RELOAN RATE TO 1% FROM 1.25%

TRUMP FAMILY-LINKED MINER SAYS IT AIMS TO GO PUBLIC IN $2 BILLION DEAL, SOURCE SAYS

NETANYAHU PRESSES DONALD TRUMP FOR RENEWED STRIKES AGAINST IRAN

$NVDA : MELIUS RESEARCH CUTS TARGET PRICE TO $315 FROM $420

MIZUHO REITERATES $165 TARGET ON STRATEGY ($MSTR ) Mizuho maintained its Outperform rating and $165 price target on Strategy following its Q3 2026 earnings call. Analyst Dan Dolev highlighted a stronger balance sheet, with 848,517 BTC held, net leverage falling to 2.4% from

CIRCLE $CRCL FREEZES MORE THAN $1.1 BILLION IN USDC ASSOCIATED WITH BINANCE HACK

OKTA $OKTA SET TO JOIN S&P 500

*TRUMP: LOOKING AT BINANCE HACK

PAKISTAN CAUTIOUSLY OPTIMISTIC ABOUT US-IRAN PEACE TALKS Pakistan's military says it is "cautiously optimistic" about mediation efforts between the US and Iran, following another high-level diplomatic visit to Tehran. Army chief Asim Munir visited Iran twice in October, most

$F - FORD TARGETS 20% SALES GROWTH TO 5 MILLION VEHICLES BY 2032 Ford CEO Jim Farley is targeting 5 million annual vehicle sales by 2032, roughly 20% above current volumes, according to The Wall Street Journal. The strategy includes five new models priced below $40,000 by 2030,

$F - *FORD CEO TARGETS A 20% JUMP IN SALES - SOURCES SAY

$ANT - ANTHROPIC FACES JUNK CREDIT RATING RISK DESPITE PLANNED MEGA-IPO Blackstone has warned investors that Anthropic may receive a below-investment-grade credit rating following its IPO, reversing earlier expectations, according to the Financial Times. The AI company is

ANTHROPIC EXPECTED TO GET DOUBLE-B CREDIT RATING AFTER IPO, BLACKSTONE TELLS INVESTORS Blackstone $BX has told investors Anthropic is likely to receive a credit rating in the double-B range after going public, below investment grade. It had earlier expected an investment-grade

*ANTHROPIC EXPECTED TO RECEIVE A “HIGH” JUNK RATING: FT

ANTHROPIC MAY NOT SECURE INVESTMENT-GRADE RATING AFTER IPO, BLACKSTONE TELLS INVESTORS - FT

HOUSING AND FOOD CONSUME NEARLY HALF OF US HOUSEHOLD SPENDING — 15-YEAR HIGH Housing and food accounted for 46.9% of US household spending in 2025, the highest combined share in 15 years, according to BLS data. 🔸 Housing: 33.9% of total spending, the highest share since 2010

FED'S MUSALEM CALLS FOR INTEREST RATE HIKE SOON AS INFLATION RISKS PERSIST Fed official Alberto Musalem says the Federal Reserve will need to raise interest rates again "soon" to restore price stability. 🔸 Inflation remains too high, with risks still tilted toward further

CBOE VOLATILITY INDEX RISES ABOVE 20 POINTS FOR FIRST TIME IN A WEEK

US SECRET SERVICE: INVESTIGATION REMAINS IN ITS EARLY STAGES, AND WE WILL PROVIDE ADDITIONAL INFORMATION AS APPROPRIATE

S SECRET SERVICE: COORDINATING WITH US ATTORNEY’S OFFICE FOR DISTRICT OF COLUMBIA & LAW ENFORCEMENT PARTNERS TO IDENTIFY CYBER CRIMINALS RESPONSIBLE

US SECRET SERVICE: INVESTIGATORS ARE WORKING WITH PRIVATE-SECTOR PARTNERS, INCLUDING CIRCLE, TO IDENTIFY, FREEZE, TRACE, & RECOVER FUNDS STOLEN FROM BINANCE

TECH STOCK SELLOFF: BIGGEST NAMES FALL SHARPLY FROM THEIR PEAKS Down 20% or more: 🔸 $AVGO : -31.9% since June 2, 2026 🔸 $SPCX : -31.2% since June 16, 2026 🔸 $GOOGL : -30.4% since May 13, 2026 🔸 $MU : -26.1% since June 25, 2026 🔸 $META : -21.5% since August 12, 2025 Down

*UKRAINE WANTS TRILATERAL TALKS IN NOV., NO DATES YET: TYKHYI

JAPAN ASKS ANTHROPIC, OPENAI FOR MORE ACCESS TO ADVANCED MODELS - NIKKEI

RUSSIA'S NOVAK SAYS ATTACKS ON OIL REFINERIES WILL HAVE NEGATIVE IMPACT ON DIESEL FUEL SUPPLIES TO GLOBAL MARKET

RUBIO SAYS G20 MUST WORK TOGETHER TO CONFRONT THREATS TO ECONOMIC ORDER

BINANCE'S TENG: WHAT WAS AFFECTED IN THIS INCIDENT WAS BINANCE'S OWN HOT WALLET

BINANCE'S TENG: WE ARE SHARING A FULL PROOF OF RESERVES REPORT BY MONDAY

BINANCE'S TENG ON HACK: ATTACKER ALSO USED A SELF-DESTRUCT MECHANISM THAT DESTROYED TOOLING AND TRACES AS THEY WENT BINANCE'S TENG: WE ARE REBUILDING THE WITHDRAWAL SERVICE, AND WE ARE NOT SWITCHING IT BACK ON UNTIL IT PASSES RIGOROUS TESTING

SPOT GOLD EXTENDS LOSSES, DOWN 3% TO $3,908.13/OZ

DEUTSCHE BANK WARNS AI SELLOFF COULD WEAKEN US DOLLAR Deutsche Bank warns the US dollar may lose its traditional safe-haven status during an AI-driven stock market correction. Foreign investors hold over $20 trillion in US equities, with roughly 90% of that value attributed to

US DISCUSSES IRAN BLOCKADE AS POST-ELECTION STRIKES REMAIN POSSIBLE US officials say yesterday's high-level meeting focused on economic pressure against Iran rather than military strikes, according to Axios reporter Barak Ravid. 🔸 More than 20 officials attended the meeting.

$INTC - INTEL 5-YEAR CREDIT DEFAULT SWAP WIDENS TO RECORD HIGH OF 123.5 BPS, ON TRACK FOR BIGGEST ONE-DAY MOVE SINCE OCTOBER 2022 - MARKIT DATA

MAJOR BANKS RAISE OIL PRICE FORECASTS FOR 2026 AND 2027 Major banks have raised their oil price forecasts, according to a Wall Street Journal survey. 2026 Forecasts: 🔸 Brent: $90.40/bbl, up from $88.13 🔸 WTI: $84.38/bbl, up from $82.98 Q4 2026 Forecasts: 🔸 Brent:

FBI ON BINANCE HACK: IS ENGAGED WITH RELEVANT PUBLIC AND PRIVATE PARTNERS TO COORDINATE APPROPRIATE INVESTIGATIVE STEPS

FBI ON BINANCE HACK: AWARE OF INCIDENT; ENGAGED WITH RELEVANT PARTNERS TO UNDERSTAND SCOPE OF ACTIVITY AND EVALUATE POTENTIAL IMPACTS

BITCOIN BREAKS BELOW $80,000 SUPPORT AFTER BINANCE HACK Bitcoin fell 2.1% to $77,182, hitting a six-week low of $76,368 overnight following the reported Binance hack. Trade Nation analyst David Morrison says Bitcoin has broken below the $80,000 support level it had defended for

CYBERSECURITY EXPERTS WARN AI COULD FUEL MORE BINANCE-SCALE HACKS Cybersecurity experts warn that AI is making large-scale cyberattacks faster, more sophisticated and increasingly common. Stefan Deiss of The Hashgraph Group says AI allows hackers to identify and exploit

MNI OCT CHICAGO BUSINESS BAROMETER 55.3 VS SEP 58.8

$INTC - INTEL SHARES PLUNGE 29%, SET FOR SHARPEST ONE-DAY PERCENTAGE DROP ON RECORD

CRYPTO STOCKS SLIDE AS BINANCE FREEZES ASSETS AFTER $6.3 BILLION HEIST $COIN - COINBASE GLOBAL DOWN 12.4% $MSTR - STRATEGY DOWN 11.9%

NASDAQ COMPOSITE FALLS TO NEAR THREE-MONTH LOWS, DOWN 2.4%

KREMLIN SAYS THERE ARE NO DIFFICULTIES IN AGREEING ON DATE FOR TRILATERAL NEGOTIATIONS ON UKRAINE - RIA

SPOT SILVER EXTENDS LOSSES, DOWN 5.3% TO $49.63/OZ

SPOT GOLD FALLS 2% TO $3,939.65/OZ, ITS LOWEST SINCE NOVEMBER 2025

RUSSIA: KREMLIN: REFINERY STRIKES WON'T DERAIL UKRAINE TALKS: IFX

🚨Political Trade Alert🚨 Rep. David Taylor has released a new financial disclosure. Highlights: $PLD Prologis $2k - $30k $T AT&T $1k - $15k $LRCX Lam Research $1k - $15k Sells: $MPC Marathon Petroleum $2k - $30k $V Visa $1k - $15k

GERMAN INFLATION FALLS BELOW EXPECTATIONS IN OCTOBER Germany's preliminary October CPI rose 2.8% year over year, below the 3.0% forecast. Inflation declined 0.2% month over month, compared with expectations for a 0.1% increase. Harmonized CPI (HICP) rose 2.8% annually, also

RUSSIA PLANS TO EXPORT 510,000 TONS OF DIESEL IN OCTOBER AND 2.15 MILLION TONS IN NOVEMBER - TASS CITES NOVAK

US TREASURY YIELDS MOSTLY HOLD LOSSES AFTER US ECONOMIC DATA; YIELD ON 10-YEAR TREASURY NOTE LAST DOWN 6.22 BASIS POINTS AT 4.927% TWO-YEAR US TREASURY YIELDS LAST DOWN 7.05 BASIS POINTS AT 4.586%

RUSSIA PLANS TO EXTEND BAN ON DIESEL EXPORTS, WITH CERTAIN EXCEPTIONS, UNTIL THE END OF JANUARY - IFX

RUSSIA'S NOVAK SAYS UKRAINIAN ATTACKS HAVE RESUMED AFTER A PAUSE WHICH LASTED FOR SOME TIME

RUSSIA'S NOVAK SAYS UKRAINE ATTACKED RUSSIAN REFINERY OVERNIGHT

CANADA AUGUST GDP -0.0% VS JULY 0.0% (REVISED FROM -0.0%); FORECAST WAS +0.2% CANADA SEPTEMBER GDP MOST LIKELY DOWN 0.1% - STATSCAN FLASH ESTIMATE

U.S. Q3 EMPLOYMENT COST INDEX +0.8% (CONSENSUS +0.8%) VS Q2 +0.9% (PREV +0.9%) U.S. Q3 WAGES/SALARIES +0.7% VS Q2 +0.9% (PREV +0.9%) U.S. Q3 BENEFIT COSTS +0.9% VS Q2 +1.0% (PREV +1.0%)

*IRAN CLAIMS OIL SUPERTANKER HIT MINE FRIDAY IN HOMRUZ: FARS

EXXONMOBIL CEO DARREN WOODS: DIESEL IS THE KEY CRUNCH POINT; DEMAND FOR DIESEL REMAINS HIGH DESPITE THE CAPACITY - CNBC INTERVIEW

SPOT SILVER DROPS BELOW $50/OZ LEVEL FOR THE FIRST TIME SINCE NOVEMBER 2025

QATARI MEDIATORS IN IRAN AS US PEACE TALKS SHOW SIGNS OF PROGRESS Qatari mediators arrived in Tehran on Friday to present revised terms of a proposal aimed at ending the US-Iran conflict, according to CBS News. A source familiar with the negotiations reported indications of

KREMLIN: UKRAINE IS IGNORING TRUMP'S REQUEST TO STOP ATTACKS ON RUSSIAN REFINERIES

BINANCE HIT BY RECORD $6.3 BILLION CRYPTO HACK Binance reportedly lost $6.3 billion after hackers compromised an engineer's laptop and drained funds in roughly 20 minutes. Investigators linked the attack to North Korea's TraderTraitor hacking group. Around $3 billion has been

📉 PRICE TARGET CUT $COIN: PT cut to $174 from $183 by Jefferies $COIN: PT cut to $145 by Mizuho (prior target not provided) $COIN: PT cut to $120 from $149 by Barclays $COIN: PT cut to $174 from $200 by Wells Fargo $COIN: PT cut to $275 from $300 by Canaccord $COIN: PT cut to

*TRUMP: DON'T KNOW WHO TO TALK WITH, A LOT OF IRAN LEADERS GONE *TRUMP: IRAN HAS TO MAKE A DEAL

*TRUMP BRIEFED THURS. ON POTENTIAL MILITARY OPTIONS IN IRAN: FOX

IRAN NAVY SAYS IT DESTROYED US UNMANNED VESSEL IN EASTERN STRAIT OF HORMUZ - STATE MEDIA; NO US CONFIRMATION

TRUMP ON IRAN: WE NEED A GUARANTEE THERE WILL NEVER BE A NUCLEAR WEAPON

TRUMP ON IRAN WAR: IT'S GOING TO GET WRAPPED UP SOON -KCMO RADIO INTERVIEW

BINANCE SETS ASIDE $6.34 BILLION TO COVER INCIDENT Binance says it has reserved more than $6.34 billion in company funds to cover an incident affecting user assets. The exchange also reported $5 billion already held in impacted token assets and $3 billion frozen with assistance

BINANCE IS WORKING WITH FBI AND US SECRET SERVICE AFTER $6.3 BILLION CRYPTO HEIST, SOURCE SAYS

UKRAINE REPORTEDLY HALTS STRIKES ON RUSSIAN REFINERIES AFTER TRUMP PRESSURE Ukraine has reportedly paused attacks on Russian oil refineries following pressure from President Donald Trump, according to The Wall Street Journal. The unofficial pause reportedly began early last

NVIDIA IN TALKS TO PROVIDE BILLIONS IN CREDIT SUPPORT FOR A CLOUD PROVIDER’S $45 BILLION ANTHROPIC DEAL - THE INFORMATION

NVIDIA IS IN TALKS TO PROVIDE NSCALE WITH BILLIONS IN CREDIT GUARANTEES FOR DEBT TO DEVELOP A 460-MEGAWATT DATA CENTER - THE INFORMATION

BINANCE. US: BINANCE. US IS NOT AFFECTED BY REPORTED BINANCE. COM SECURITY INCIDENT

BINANCE: OUR TEAMS ARE AWARE OF REPORTS OF A POTENTIAL SECURITY ISSUE AND ARE ACTIVELY INVESTIGATING

TETHER FREEZES $971M USDT AMID SUSPECTED BINANCE HACK BINANCE HAS YET TO ISSUE UPDATE ON SUSPECTED HACK

UKRAINIAN CAPITAL KYIV UNDER ATTACK FROM RUSSIAN BALLISTIC MISSILES, MAYOR SAYS

BINANCE WALLETS SEE $2.77 BILLION OUTFLOW ACROSS FIVE BLOCKCHAINS AMID DRAIN SUSPICIONS; HACK UNCONFIRMED

SANDISK $SNDK FISCAL Q1 ADJUSTED EPS AND REVENUE BEAT ESTIMATES • Adj EPS: $49.51 vs $46.20 est, beat • Revenue: $11.031B vs $10.639B est, beat • Adj operating income: $8.871B vs $8.44B est, beat • Adj net income: $7.624B vs $7.144B est, beat • Adj gross margin: 85.1% •

MCDONALD’S $MCD IS ROLLING OUT A NEW MIX-AND-MATCH BUNDLE AT SELECT US STORES - BLOOMBERG NEWS

COINBASE $COIN Q3 TOTAL REVENUE $1.2B, EPS $2.51 • Total revenue: $1.2B • Transaction revenue: $590M • Subscription and services revenue: $570M • EPS: $2.51

TWILIO $TWLO Q3 ADJUSTED EPS AND REVENUE BEAT ESTIMATES • Adj EPS: $1.65 vs $1.47 est, beat • Revenue: $1.56B vs $1.514B est, beat • Adj operating income: $326M • Operating income: $148.6M • Gross profit: $760.5M • EPS: $1.00 Q4 outlook: • Revenue: $1.595B-$1.605B vs

REDDIT $RDDT Q3 REVENUE AND EPS BEAT, Q4 REVENUE OUTLOOK BELOW ESTIMATES • Revenue: $895M vs $878.4M est, beat • EPS: $1.40 vs $1.35 est, beat • Daily active uniques: 130.3M, up 12% YoY Q4 outlook: • Revenue: $1.00B-$1.03B vs $1.05B est, below • Adj EBITDA: $480M-$510M vs

STARBUCKS $SBUX FISCAL Q4 ADJUSTED EPS BEATS, REVENUE MISSES, GLOBAL COMPS UP 7.2% • Adj EPS: $0.80 vs $0.72 est, beat • Revenue: $9.1B vs $9.228B est, miss • Global comparable coffeehouse sales: up 7.2% • North America comparable coffeehouse sales: up 7.9% • US comparable

STARBUCKS $SBUX FISCAL Q4 ADJUSTED EPS BEATS AT $0.80, REVENUE MISSES • Adj EPS: $0.80 vs $0.72 est, beat • Revenue: $9.1B vs $9.228B est, miss • Adj operating margin: 14% • EPS: $0.59

MONDELEZ $MDLZ Q3 ADJUSTED EPS BEATS AT $0.78 • Adj EPS: $0.78 vs $0.71 est, beat • Adj net income: $992M vs $906.4M est, beat • Gross margin: 39.4% • EPS: $1.02 • Net income: $1.305B

AMAZON $AMZN Q3 EPS AND NET SALES MISS ESTIMATES • EPS: $1.89 vs $1.96 est, miss • Net sales: $201.9B vs $202.308B est, miss • Free cash flow: outflow of $42.4B for the trailing twelve months Q4 outlook: • Net sales: $240B-$247B vs $244.513B est, in line • Operating

INTEL $INTC Q3 ADJUSTED EPS BEATS AT $0.52, Q4 OUTLOOK BELOW ESTIMATES • Adj EPS: $0.52 vs $0.40 est, beat • Revenue: $16.51B vs $16.50B est, in line • Adj gross margin: 44.1% vs 42.09% est, beat • Data center and AI revenue: $7.32B vs $6.49B est, beat • Client computing

TRUMP PREDICTS OIL, GASOLINE PRICES WILL FALL SHARPLY

TRUMP WARNS DEMOCRATIC MIDTERM VICTORY WOULD TRIGGER 1929-STYLE ECONOMIC DEPRESSION

TRUMP PROMISES $5,000 PAYMENT TO EVERY ADULT US CITIZEN IF REPUBLICANS WIN HOUSE, SENATE TRUMP ESTIMATES $5,000 DIVIDEND WOULD COST ABOUT $1 TRILLION, SAYS TARIFF REVENUE WOULD HELP FUND IT TRUMP SAYS PROPOSED $5,000 PAYMENTS MUST BE SPENT IN US

TRUMP SAYS US WORKING WITH VENEZUELA TO PRODUCE MILLIONS OF BARRELS OF OIL FOR US

TRUMP REITERATES GULF OF MEXICO RENAMED GULF OF AMERICA TRUMP FLOATS RENAMING STRAIT OF HORMUZ AS TRUMP STRAIT

TRUMP: CANADA HAS BEEN TREATING US NICELY LATELY

PUTIN SAYS MANY IN EUROPE PREPARING FOR WAR WITH RUSSIA BY 2030 PUTIN SAYS RUSSIA READY FOR WAR WITH EUROPE BUT DOES NOT WANT ONE

TRUMP SAYS US HAD TO ATTACK IRAN TO PREVENT IT FROM ACQUIRING NUCLEAR WEAPON

PUTIN: WE DO NOT WANT A SITUATION LIKE THAT IN THE STRAIT OF HORMUZ TO OCCUR IN BALTIC SEA

TRUMP REITERATES IRAN WILL BE OVER VERY SOON

PUTIN: IF THINGS GO TOO FAR, THERE WILL BE NO WINNERS

TRUMP SAYS US MILITARY OPERATIONS AGAINST IRAN ARE GOING VERY WELL

PUTIN ON HIS CALL WITH LEADERS OF NORWAY, FINLAND: WE SUPPORT ANY STEPS TO RESTORE RELATIONS WITH EUROPEAN COUNTRIES PUTIN: WE ARE PREPARED FOR WAR, BUT WE DO NOT WANT ANY WAR

DALLAS FED'S TRIMMED MEAN PCE PRICE INDEX +2.8% ANNUALIZED IN SEPTEMBER VS AUGUST +2.0%

IRAN'S QALIBAF: PROGRESS CAN ONLY BE ACHIEVED ONCE IRAN’S SEVEN CONDITIONS HAVE BEEN AGREED UPON

IRAN'S PARLIAMENT SPEAKER QALIBAF: IRAN’S CONDITIONS HAVE BEEN REPEATEDLY AND CLEARLY STATED TO THE MEDIATORS

TRUMP: FED HATES TO CUT INTEREST RATES

FRENCH INTERIOR MINISTER: THERE HAVE BEEN MANY CALLS ON SOCIAL MEDIA COMING FROM THE ULTRA-LEFT FOR VIOLENT GATHERINGS FOR SATURDAY OCTOBER 31 IN FRANCE

EU COMMISSIONER JORGENSEN: WE DO NOT EXPECT SECURITY OF OIL, GAS SUPPLY, BUT CITIZENS STRUGGLING TO PAY BILLS

$CVX - CHEVRON EXPANDS GLOBAL OIL EXPLORATION AS PROFITS SURGE Chevron is accelerating oil and gas exploration in Africa, South America and the Mediterranean, supported by soaring energy profits following the Iran war. 🔸 50% of exploration capital now targets undeveloped

ALTRIA $MO FILES FOR DEBT SHELF, SIZE NOT DISCLOSED

MICROSOFT EXPECTS TO RAISE ABOUT $25 BILLION IN US BOND SALE - SOURCE

US MORTGAGE RATES FALL FOR SECOND STRAIGHT WEEK The average 30-year fixed mortgage rate dropped to 7.24%, down from 7.32% last week and 7.40% two weeks ago, according to Freddie Mac. The decline follows a retreat in 10-year Treasury yields, partly driven by investors shifting

RUSSIA SET TO EXTEND DIESEL EXPORT BAN UNTIL THE END OF THE YEAR, SOURCES SAY

ECB OFFICIALS EXPECT DECEMBER RATE HIKE, THEN PAUSE ECB policymakers expect a 25-basis-point rate hike on December 17, lifting the deposit rate from 2.50% to 2.75%, according to three sources cited by Reuters. The hike is considered nearly certain unless energy prices fall

SITUATIONAL AWARENESS SEEKS TO RAISE MONEY TO BET ON FLUIDSTACK FUNDING ROUND WOULD VALUE NEOCLOUD FLUIDSTACK AT $40 BILLION

🇪🇺 ECB POLICYMAKERS SEE DEC RATE HIKE FOLLOWED BY PAUSE: SOURCES NEW ECB STAFF ESTIMATES SHOW BOND YIELD RISE CUTTING GROWTH BY CUMULATIVE 100 BPS, INFLATION BY 90 BPS IN 2027-28 VS SEPT BASELINE: SOURCES

FEDERAL COMMUNICATIONS COMMISSION VOTES TO BAN ALL CHINESE LABS FROM TESTING US ELECTRONICS STARTING IN DECEMBER 2028

EUROPE WILL REQUIRE AN ADDITIONAL 69 MILLION METRIC TONS OF LNG DURING THIS WINTER AND MUST PULL CARGOES FROM ASIA, SAYS CHENIERE'S CHIEF COMMERCIAL OFFICER, ANATOL FEYGIN

MICROSOFT SHARES REVERSE COURSE, LAST DOWN 1.3%

SHAREHOLDERS APPROVE MERGER BETWEEN SILVER47 AND BUNKER HILL. TRANSACTION EXPECTED TO CLOSE NOV 5 2026.

IRAN'S TANSIM NEWS AGENCY SAYS IRAN RECEIVED A LETTER FROM US VICE PRESIDENT JD VANCE, HAS NOT RESPONDED TO IT

ECB'S LAGARDE: AS ECB PRESIDENT WE HAVE OBLIGATION OF NEUTRALITY ECB'S LAGARDE: AT THIS TIME, IN RELATION TO MANY CORNERS OF THE WORLD, MY VOICE CAN HELP WITH PRINCIPLES DEAR TO MY HEART

ECB'S LAGARDE: I'M STEPPING DOWN EARLY TO HAVE FREEDOM OF EXPRESSION ON MATTERS THAT ARE NOT MONETARY

LAGARDE: THE DIRECTION OF TRAVEL ON RATES IS QUITE CLEAR TO ALL OF US

QATARENERGY CEO SAYS HAS MET IRANIAN ACTING PETROLEUM MINISTER TWICE IN PAST TWO WEEKS, EXPLORING POST-WAR COOPERATION IN OIL AND GAS

QATARENERGY BUYS US LNG TO HEDGE AGAINST HORMUZ DISRUPTIONS QatarEnergy plans to secure over 7 million tons of LNG annually through new supply deals, including potential agreements with Venture Global ($VG). The strategy aims to profit from future LNG price spikes without major

ECB'S LAGARDE: COUNTRIES WITH HIGH DEBT HAVE TO FACTOR INTO FISCAL POLICY PLAN THAT RATES ARE HIGHER, WILL PROBABLY REMAIN HIGHER

ECB'S LAGARDE: DEBT ISSUANCE BY HYPERSCALERS PLAYS A ROLE IN YIELD RISE

EU'S VON DER LEYEN: WE ARE DISCUSSING THE IDEA OF ​​CANADA BECOMING THE FIRST ASSOCIATE MEMBER OF THE EU EU'S VON DER LEYEN: IT WILL BE 'ASSOCIATION WITHOUT ACCESSION'

EU'S VON DER LEYEN: CANADA CANNOT BE A EU MEMBER BECAUSE OF GEOGRAPHY, BUT WE WANT TO TAKE OUR RELATIONSHIP TO THE HIGHEST POSSIBLE LEVEL

HASSETT: TRUMP BELIEVES RATES CAN BE LOWER

HASSETT: THERE'S ROOM TO LET INFLATION GET UNDER CONTROL

TRUMP OFFERS TARIFF RELIEF TO AUTOMAKERS INVESTING IN THE US The Trump administration reportedly plans tariff relief for automakers expanding US manufacturing, following talks over Audi's $4 billion Georgia factory, expected to produce up to 200,000 vehicles annually. The

TRUMP ADMINISTRATION PROMISED TARIFF RELIEF IN TALKS TO SECURE U.S. AUDI FACTORY

*ALPHABET SHARES FALL 13%, SET TO ERASE $489 BILLION IN VALUE

EURO FALLS 0.4% TO $1.11095, LOWEST SINCE MAY 2025

EURO DIPS AFTER ECB DECISION; LAST DOWN 0.31% AT $1.1118

🇪🇺 ECB HOLDS INTEREST RATES STEADY, WARNS OF RISING INFLATION RISKS The European Central Bank kept all three key interest rates unchanged, in line with expectations. 🔸 Deposit Facility: 2.50% 🔸 Main Refinancing Rate: 2.65% 🔸Marginal Lending Facility: 2.90% The ECB warned

ECB SAYS LEAVES INTEREST RATE ON DEPOSIT FACILITY UNCHANGED AT 2.50% (REUTERS POLL 2.50%)

KALSHI HITS $40 BILLION VALUATION AFTER $1 BILLION FUNDING ROUND Prediction-market platform Kalshi has reached a $40 billion valuation after raising $1 billion in a funding round co-led by Wellington and Sequoia. Additional investors include Andreessen Horowitz, Morgan Stanley

🚨Political Trade Alert🚨 Rep. Kevin Hern has released a new financial disclosure. Highlights: (All Sells) $TXN Texas Instruments $15k - $50k $STX Seagate Tech $15k - $50k $ASML ASML Holdings $15k - $50k