‘The Great Pumpkin Trade’ Spices Up the Market
Let’s chart the market to see how this trade has the potential to absolutely roar into the holiday, and what could throw it off.
Big Tech Earnings, the Fed and Iran Are in Play as the Market Tries to Recover
Alphabet and Microsoft report after the close, and Warsh takes the stage.
AI Frenzy Returns to Wall Street as Chip Stocks Explode Higher Before Big Tech Earnings
A wave of AI-related deals sent semiconductor shares soaring, helping the Nasdaq rally while investors prepared for the Fed and crucial earnings from Microsoft and Google parent Alphabet.
AI Funding Worries Ease and Buyers Show Up
Meta’s offering and Anthropic’s IPO filing answered questions about where the money will come from.
India Readies for Largest-Ever IPO
Jio Platforms, backed by Meta and Google, is due to list on Wednesday. Here’s what to watch in the offering.
New Home Sales Hold Near Year’s High Even as Prices Rebound
September new home sales beat even as prices rebounded from low since 2021.
Consumer Confidence Rebounds to Highest Since June
The Conference Board’s index jumped to 91.7, the highest since June and far above the 81.0 expected, even as consumers planned less spending on services and durable goods.
Big Tech Is About to Report. My Plan: Do Nothing
Reports loom for Microsoft, Alphabet and Amazon, but I see no edge in trying to bet on those outcomes. Here’s what I’ll do instead.
Business Investment Gauge Sees Fastest Quarterly Growth Since 2020
Aircraft orders drove a 1.8% headline jump, but core equipment shipments grew at their fastest quarterly pace since 2020, a boost for Q3 GDP.
Anthropic Rocks Wall Street
The market parties on Anthropic filing (as company warns it might need more cash, and signals AI may take coding jobs and have catastrophic risks to mankind).