A Tech Led Rebound to Kick Off the Week
Let’s dig in following an up day on Wall Street to see what’s happened and what to expect.
AWS Sells Out of Capacity Into 2028: 8 Key Items Shaping the Stock Market Monday
Big AI and data center focused earnings, SpaceX’s $40 billion capital raise, and other headlines moving the market this morning.
A Quiet Start to the Week
It’s a quiet start to a busy week for US economic data, with October’s Dallas Fed manufacturing survey and September’s Chicago Fed National Activity Index the only reports.
The Fed remains in its blackout period ahead of the October 27–28 FOMC meeting, so there are no Fed speakers.
Non-Bill (>1yr in maturity) US Treasury auctions include a $69bn 2-year note auction.
Nine S&P 500 components report, two of them with market caps over $100bn:
- Before the open: Verizon ($VZ)
- After the close: Welltower ($WELL), Cadence Design Systems ($CDNS), Nucor ($NUE), Public Storage ($PSA), The Hartford ($HIG), Brown & Brown ($BRO), Principal Financial ($PFG) and Alexandria Real Estate Equities ($ARE)
Iran Concerns Weigh on Stocks as Tech Steadies to End a Volatile Week
Brent topped $116 and stocks pulled back on fears of renewed U.S.-Iran hostilities after the midterm elections. For the week, small caps led with the Russell 2000 up 2% while the S&P 500 and Nasdaq slipped.
SpaceX Rocks Telecom. Here’s My Play on Tower Stocks and the Big 3
Elon Musk’s latest move could signal the future of telecom. Here’s how I’m trading the initial reaction.
Oil Up Again Ahead of Flash October Inflation Data: 8 Key Items Shaping the Stock Market Friday
Amex delivers, OpenAI’s capital raise and a potential one for Meta. Plus other headlines moving the market this morning.
Why I’m Looking to Add Exposure After the Nasdaq’s Worst Day Since June
Thursday’s selloff isn’t a signal to cut exposure. It is a signal to look where the money is going.
SpaceX Lights a Fire Under Tech
Blowout SpaceX results lifted a swath of AI names, sending the Nasdaq up over 1%.
SpaceX’s Super-Sized AI Capacity Plans: 8 Key Items Shaping the Stock Market Wednesday
Super Micro Computer crushes expectations while United Airlines and Alaska Airlines confirm energy input concerns. Those and other headlines are moving the market this morning.
A Broad Friday Rally Takes the S&P 500 Just Below Record Highs
Nine of 11 sectors rose, powering the S&P higher despite semiconductor weakness. Small-caps, though, posted a fifth straight weekly loss for the first time since 2022.