Amazon Stumbles But Will it Push the Rotation Further?
Investors that have grown use to beat-and-raise quarters are selling first and asking questions later.
Inflation Remains Elevated as Real Spending Stalls
September core PCE rises the most since February while real incomes fall.
Microsoft Beats, Alphabet Misses and Fed Holds Steady
Oracle reassurance moved the market more than the Fed did.
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.
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.
AI Sees Weak Bounce While Anthropic Filing Fails to Resolve Concerns
Chips and the mega caps bounced, but breadth was weak and new lows stayed high.
Neocloud Providers Become the Canaries in the AI Coal Mine
This new inflection point might just be the pin that finally pops the AI bubble.
Counter-Rotation Ends Messy Week, and a Big Test Looms
The action on Friday made it difficult to put much money to work.
Flash PMI Holds Near 5-Year High But Prices Jump the Most Since 2022
October flash composite PMI eased to 57.6 on services deceleration but stayed close to September’s five-year high, with new orders at a 4.5-year high.
AI Names Crater, Average Stocks Rise in Dramatic Rotation
The gap is closing, but the opportunity is in new leaders, not broken AI names.