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RIOT PLATFORMS $RIOT ENTERS BITGO CUSTODY AGREEMENT, MOVING DIGITAL ASSETS AND CASH FROM NYDIG TRUST Riot signed the agreement with BitGo Bank & Trust on Oct 7, per an SEC filing. - Digital assets and cash to be transferred from NYDIG Trust to BitGo Bank & Trust - BitGo to hold

*TESLA-SPACEX MERGER ANNOUNCEMENT POSSIBLE BEFORE DEC: BARCLAYS

FED'S GOOLSBEE: IF CURRENT INFLATION LEVELS HOLD POLICY WOULD NEED TO ADDRESS THAT

FED'S GOOLSBEE: MORE BAD MONTHS OF INFLATION WOULD UNACCEPTABLE

FED'S GOOLSBEE: FED MUST PREVENT THE BUILD UP OF OVERHEATING

FED'S GOOLSBEE: IS NOT A FAN OF TELEGRAPHING FED MOVES AHEAD OF MEETINGS

FED'S GOOLSBEE: THE ECONOMY HAS WORK TO DO THE INFLATION SIDE

FED'S GOOLSBEE: HOPES ENERGY WILL FADE SOON FROM INFLATION DATA

NYFED: DESK PLANS TO CONDUCT APPROXIMATELY $14.6 BILLION IN REINVESTMENT PURCHASES BETWEEN OCT 15 TO NOV 13

MUSK: STARSHIELD SYSTEMS ARE OWNED AND CONTROLLED BY US GOVERNMENT; ANY LIMITS ON SPEED OR USAGE ARE DECIDED BY THE US MILITARY AND ULTIMATELY POTUS MUSK: STARLINK IS LIMITED TO CIVILIAN OR DEFENSIVE ACTIVITIES AND CANNOT BE USED FOR OFFENSIVE MILITARY ACTION MUSK: ANY LIMITS

INTUIT $INTU LAUNCHES INTUIT INTELLIGENCE INTERNATIONALLY FOR BUSINESSES AND ACCOUNTANTS

*US SENDING HUNDREDS OF TROOPS TO LATIN AMERICA: NYT *US TROOPS TO TRAIN AND CONDUCT EXERCISES WITH LOCAL FORCES: NYT

*GHALIBAF SAYS US DEAL CAN’T PREVENT ANOTHER ATTACK ON IRAN

*FED'S BARKIN SAYS CPI HIGHER THAN HOPED *FED'S BARKIN DECLINES TO PREJUDGE OCTOBER FOMC OUTCOME *FED'S BARKIN SAYS PPI DATA TO INFORM INFLATION OUTLOOK

EIGHT U.S. STATES SUE OPENAI, CLAIMING CHATGPT HARMS CHILDREN

COREWEAVE $CRWV DEAL BACKLOG IS LARGE ENOUGH TO MORE THAN SUPPORT ITS DEBT OBLIGATIONS, MEMO SAYS

LE PEN SAYS SHE THINKS FRANCE IS NOT IN A POSITION TO CONTINUE TO FINANCE UKRAINE

DENMARK FOREIGN MINISTRY:IF THE US WISHES TO EXPLORE THE GREENLANDIC SUBSOIL FOR OIL, GAS AND MINERALS, THIS MUST TAKE PLACE WITHIN THE FRAMEWORK OF THE RELEVANT GREENLANDIC LEGISLATION

FED BEIGE BOOK SIGNALS WEAK GROWTH AND PERSISTENT INFLATION The Federal Reserve reports little or no change in employment across most districts, while only 2 of 12 districts recorded moderate economic growth. Meanwhile, 3 districts reported strong price increases, with several

NASDAQ EXTENDS DECLINES, LAST DOWN 2%

$CRWV - *COREWEAVE CEO BLAMES SHARE DROP ON MARKET ACTING 'IRRATIONALLY'

CBOE VOLATILITY INDEX HITS NEAR TWO-WEEK HIGH; LAST UP 1.69 POINTS AT 16.96

YEMEN'S HOUTHIS SAY THEY ATTACKED KING KHALID AIRPORT IN RIYADH WITH BALLISTIC MISSILE -MILITARY SPOKESPERSON

ALL EYES ON WARSH September's hotter-than-expected inflation report has raised expectations of another Fed rate hike ahead of the October 27–28 meeting. Fed Chair Kevin Warsh speaks Thursday, October 15, at 11:30 PM ET at the IMF meetings in Bangkok. His remarks could reshape

*GHALIBAF SAYS AIM ISN’T ‘ENDLESS WAR’ OR PROLONGED TALKS: FARS *IRAN PARLIAMENT SPEAKER GHALIBAF ADDRESSES NATION: FARS

YIELD ON 30-YEAR U.S. TREASURY BONDS HITS SESSION LOW, LAST DOWN 3.2 BASIS POINTS AT 5.531% TWO-YEAR U.S. TREASURY YIELDS LAST UP 2.98 BASIS POINTS AT 4.823%

COREWEAVE CEO DEFENDS COMPANY'S FINANCIAL STRENGTH AMID AI SECTOR CONCERNS CoreWeave ($CRWV ) CEO Michael Intrator says he remains confident in the company's business model, funding, sales and backlog. Intrator says CoreWeave's contracted backlog more than supports its debt

TRUMP ANNOUNCES $21 BILLION SEMICONDUCTOR INVESTMENT BY GLOBALFOUNDRIES Trump says GlobalFoundries ($GFS ) will build two new semiconductor manufacturing facilities in Malta, New York, funded by $21 billion in Japanese capital. The project is expected to create 27,000

$SPCX - SPACEXAI - ANNOUNCES GROK VOICE 3.0 WITH RECORD CUSTOMER SUPPORT RESOLUTION AND LOWER COST SPACEXAI - GROK VOICE 3.0 AVAILABLE IN VOICE AGENT API AT $0.08 PER MINUTE

*ZELENSKIY WARNS STARLINK SHUTDOWN COULD CAUSE HUMAN LOSSES *ZELENSKIY CALLS APPARENT STARLINK SHUTDOWN A BIG MISTAKE *ZELENSKIY URGES MUSK TO RESTORE STARLINK SERVICE *ZELENSKIY SAYS STARLINK ISSUE MAY BE TECHNICAL PROBLEM

TRUMP ANNOUNCES $130 BILLION IN ALASKA LNG DEALS Trump says South Korea will invest $50 billion in the Alaska LNG project, while Taiwan has committed to $70–80 billion in LNG purchases over 20 years. Taiwan will also invest $4.4 billion in equity, securing 30% of the pipeline's

TRUMP: TAIWAN HAS ALSO AGREED TO INVEST 4.4 BLN DOLLARS IN EQUITY INTO PROJECT

TRUMP: LUTNICK, HAS SECURED AN OFFTAKE COMMITMENT FROM TAIWAN OF BETWEEN 70 TO 80 BLN DOLLARS FOR ALASKA LNG

DATA CENTER DEVELOPER OFFERS RESIDENTS $10,000 EACH TO EASE AI EXPANSION BACKLASH Digital Realty ($DLR ) is offering households in De Soto, Kansas, $1,000 annually for 10 years to ease opposition to its planned 1,400-acre data center. The payments would come from a $20 million

ZELENSKIY ON TRUMP: IF YOU'RE IN THE MIDDLE, YOU HAVE TO STAY IN THE MIDDLE

ZELENSKIY, ASKED IF HE FEELS BETRAYED BY TRUMP'S DIESEL DEAL: YES, BUT IT IS COMPLICATED - PIERS MORGAN INTERVIEW

NVIDIA $NVDA INTRODUCES CUPOTENTIAL CUDA-X LIBRARY, SAYS IT SPEEDS GPU WORKFLOWS 2-3X IN EARLY ACCESS Nvidia says it is working with semiconductor leaders to advance AI across chip design and manufacturing.

NVIDIA UNVEILS AI TOOLS TO TRANSFORM CHIP MANUFACTURING Nvidia ($NVDA ) is launching new CUDA-X AI tools to accelerate semiconductor design, manufacturing and factory automation. Major companies, including Synopsys, Cadence, Applied Materials, Lam Research and KLA, are adopting

SPOT GOLD EXTENDS LOSSES, LAST DOWN NEARLY 2% AT $4,073.73/OZ

*OPENAI COMPUTE CHIEF TO LEAVE COMPANY AFTER ABOUT A YR, SOURCES SAY

ZELENSKIY: IT IS A PITY THAT WE HAVE SOME DIFFICULTIES WITH STARLINK

US FBI DIRECTOR PATEL HAS ARRIVED IN RUSSIA FOR A MEETING -MS NOW CITING SOURCES

APPLE $AAPL SAYS IT HAS FOUND NO EVIDENCE TO SUPPORT OPENAI'S ALLEGATIONS Apple says it searched for the one file OpenAI has identified and has not found it on any Apple system. It says it has strict policies and procedures to help ensure new employees don't use confidential

FILES LEAKED INCLUDE DETAILED UNRELEASED DEVICE IMAGES, ENGINEERING DATA, SUPPLIER INFO - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT OPENAI SAYS APPLE HAS NOT ASSURED IT IS NOT IN POSSESSION OF & HAS NOT USED OPENAI CONFIDENTIAL DATA - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT

$AAPL - OPENAI EMPLOYEE WHO LEFT FOR APPLE SENT OVER 100 FILES ABOUT UNRELASED OPENAI PRODUCT TO PERSONAL ACCOUNTS - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT

$NVDA - NVIDIA AND CHIPAGENTS LAUNCH EVALUATION FOR AI-POWERED CHIP DESIGN - THE INFORMATION

U.S. STOCKS EXTEND FALL, NASDAQ DOWN 1.00%

SHARES OF AI INFRASTRUCTURE FIRMS CORWEAVE AND NEBIUS DROP; STEEPEST DECLINERS ON NASDAQ 100 INDEX $CRWV - COREWEAVE DOWN 14.9% $NBIS - NEBIUS FALLS 9.7%

🇺🇸 PRESIDENT TRUMP'S SCHEDULE — WEDNESDAY, OCTOBER 14, 2026 All times Eastern (ET) 🔸 11:00 AM — Executive Time, Las Vegas, Nevada 🔸 11:30 AM — Travel pool call time, Las Vegas 🔸 4:00 PM — Political rally in Bullhead City, Arizona 🔸 8:15 PM — Political rally in Kalispell,

S&P 500 BANKS INDEX HITS OVER FOUR-MONTH LOW, LAST DOWN 1.3%

CITIGROUP EXPECTS US FED TO DELIVER A 25 BP RATE HIKE IN DECEMBER 2026 VS PRIOR FORECAST OF NO CHANGE THIS YEAR

WALL STREET SET TO RAISE CORE PCE INFLATION FORECASTS AFTER HOT CPI REPORT September's stronger-than-expected CPI data could push core PCE inflation estimates to at least 0.3% MoM, up from the previous 0.21% consensus. TD Securities has already raised its forecast to 0.36% from

HASSETT: TOP LINE INFLATION NUMBER WAS DISAPPOINTING

U.S. INFLATION STAYS ABOVE FED TARGET FOR 66 STRAIGHT MONTHS September CPI rose 3.7% YoY, exceeding expectations and extending inflation's streak above the Fed's 2% target to 66 consecutive months — more than five years. According to Bespoke Investment Group, this marks only

$NFLX - NETFLIX CUTS 1,000 JOBS AS SHARES FALL 40% Netflix is laying off 6% of its workforce, its biggest cuts since 2022, amid slowing growth and weaker customer engagement. Shares are down over 40% in the past year. The layoffs come one week before earnings, with Netflix

*NETFLIX TO CUT 6% OF STAFF: WSJ *NETFLIX TO CUT ~1,000 JOBS: WSJ

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

🚨Political Trade Alert🚨 Rep. Kevin Hern has released a new financial disclosure. Highlights: Sold: $DVN Devon Energy $50k - $100k $EMR Emerson Electric $15k - $50k $CVX Chevron $15k - $50k $LMT Lockheed Martin $60k - $200k

🚨Political Trade Alert🚨 Rep. Lisa McClain has released a new financial disclosure. Highlights: $MSFT Microsoft $1k - $15k $CAT Caterpillar $1k - $15k $IBRX ImmunityBio $2k - $30k

EURO HITS LOWEST AGAINST DOLLAR SINCE MID-MAY 2025, LAST DOWN 0.7% AT $1.112

🚨Political Trade Alert🚨 Rep. Rick Larsen has released a new financial disclosure. Highlights: $ADI Analog Devices $1k - $15k Sold: $FDX Fedex $1k - $15k $HD Home Depot $1k - $15k

AI BOOM FUELS SHARPEST COMPUTER PRICE INFLATION IN TWO DECADES The massive AI infrastructure buildout is coinciding with a sharp rise in consumer technology prices, adding another source of pressure to U.S. inflation. According to September CPI data: 🔸 Computers, peripherals

U.S. DOLLAR INDEX HITS NEW HIGH 18-MONTH HIGHS, LAST UP 0.57% AT 102.75

TWO-YEAR U.S. TREASURY YIELDS HIT HIGHEST LEVEL SINCE SEPT 29, LAST UP 12.72 BASIS POINTS AT 4.92%

GASOLINE DRIVES MORE THAN HALF OF U.S. INFLATION SURGE Gasoline prices jumped 9.1% in September, while fuel oil, including diesel, surged 15.3%. Energy costs drove more than half of the monthly CPI increase, pushing annual inflation to 3.7%. Elevated October fuel prices signal

SPOT SILVER FALLS NEARLY 3% TO $57.58/OZ

*TREASURY 2-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 4.89%

U.S. INFLATION RUNS HOTTER THAN HEADLINE NUMBERS SUGGEST Unrounded September CPI rose 0.649% MoM, beating the 0.58% forecast, while core CPI climbed 0.335% vs. 0.21% expected. Annual inflation reached 3.738%, with core CPI accelerating to 2.564% from 2.446%. Both headline and

*BLOOMBERG DOLLAR SPOT INDEX JUMPS TO HIGHEST SINCE NOVEMBER

*TRADERS ADD TO BETS ON THREE MORE FED RATE HIKES BY END-2027

US Sept. Consumer Prices Rise 0.6% M/M; Est. +0.6% US Sept. Consumer Prices Rise 3.7% Y/Y; Est. +3.6% US Sept. Core CPI Rises 0.3% M/M; Est. +0.2% US Sept. Core CPI Rise 2.6% Y/Y; Est. +2.4%

U.S. INFLATION SURGES TO 3.7%, BEATING EXPECTATIONS September CPI rose 0.6% MoM, matching forecasts, while annual inflation hit 3.7% vs. 3.6% expected. Core CPI climbed 0.3% vs. 0.2% expected, with annual core inflation reaching 2.6% vs. 2.5% forecast. Gasoline prices surged

BANK OF AMERICA SHARES EXTEND LOSSES FURTHER, LAST DOWN 5.5% PREMARKET AFTER Q3 PROFIT MISS

🔸 U.S. September CPI Due 8:30 a.m. ET; Seen +0.6%; Core +0.2%

CONTAINER SHIP SINKS NEAR STRAIT OF HORMUZ AFTER BEING HIT BY PROJECTILE, MARITIME SECURITY SOURCES SAY DRY BULK SHIP REPORTED TO BE SINKING AFTER BEING HIT BY PROJECTILE CLOSE TO STRAIT OF HORMUZ IN SEPARATE INCIDENT, MARITIME SECURITY SOURCES SAY

Tasnim "Some Arab sources are reporting a new missile attack by Yemeni forces on Saudi Arabia."

STARLINK LIMITATIONS WILL AFFECT UKRAINE'S ABILITY TO DOWN RUSSIAN DRONES, SOURCES SAY

U.S. HOME SELLERS OUTNUMBER BUYERS BY RECORD 63% Redfin reports 62.6% more home sellers than buyers in September, the widest gap since records began in 2013. Homebuyer demand hit a record low, with just 929,000 buyers versus 1.51 million sellers. A record 41 of the 50 largest

UKRAINE IN CONTACT WITH U.S., SPACEX AND NATO FOR CLARIFICATION ON STARLINK LIMITATIONS, SOURCE IN DEFENCE MINISTRY SAYS

*RUSSIA CAN BOOST DIESEL EXPORTS TO 3.5M T/MONTH BY YR-END: TASS

U.S. MILITARY DEPLOYS NEW DRONE AND COMMUNICATION CAPABILITIES IN MIDDLE EAST U.S. Central Command says Task Force 99 is introducing advanced drone and communication capabilities to American forces in the Middle East. The initiative aims to enhance battlefield effectiveness

$MS MORGAN STANLEY Q3 EPS & REVENUE BEAT — EQUITIES TRADING SURGES Results 🔸 EPS: $3.03 vs. $3.01 est. (BEAT) 🔸 Revenue: $20.34B vs. $19.89B est. (BEAT) 🔸 Net Income: $4.90B Segment Performance 🔸 Equities Trading: $5.80B vs. $4.90B est. (+18%) 🔸 FICC Trading: $2.01B vs.

IRAN ESCALATES HORMUZ ATTACKS TO KEEP OIL PRICES HIGH AHEAD OF U.S. MIDTERMS Iran is changing its tactics to intensify attacks on ships in the Strait of Hormuz, aiming to keep global oil prices elevated ahead of the November 3 U.S. elections, Reuters reports. A senior Iranian

U.S. MORTGAGE RATES SURGE AS 30-YEAR FIXED HITS 7.50% The MBA reports the 30-year fixed mortgage rate at 7.50%, up 53 basis points over four weeks and 108 basis points over the past year. 15-year fixed rates climbed to 6.87%, while jumbo mortgage rates reached 7.49%. Elevated

PUTIN’S ENVOY DMITRIEV: RUSSIA WILL CONTINUE ECONOMIC COOPERATION WITH UNITED STATES, NOT ONLY ON DIESEL

$BAC - BANK OF AMERICA Q3: EPS & REVENUE MISS; TRADING BEATS, NII TOPS ESTIMATES Results 🔸 Adj. EPS: $1.08 vs. $1.16 est. (-6.9%) 🔸 GAAP EPS: $0.91; includes $1.2B settlement charge ($0.17/share) 🔸 Revenue: $29.96B vs. $30.76B est. (-2.6%) 🔸 Net Income: $6.90B 🔸 NII:

IEA WARNS DIESEL SHORTAGES COULD LAST INTO 2027 The IEA warns global diesel supplies could remain tight well into next year, as wars in the Middle East and Ukraine disrupt production. Diesel refining margins hit a record $95 per barrel, while exports from Russia and the Middle

*EU COMMISSION WARNS OF VERY DIFFICULT WINTER AMID HIGH ENERGY PRICES *EU COMMISSION SEES AFFORDABILITY CRISIS, VOLATILE OUTLOOK

Morgan Stanley Raises 4Q26 Brent Price Forecast to $105 a Barrel From $100 a Barrel Morgan Stanley Raises 1Q27 Brent Price Forecast to $100 a Barrel From $95 a Barrel

OPENAI DISCOVERS HIDDEN SPYING DEVICE INSIDE ITS OFFICE OpenAI says it discovered a sophisticated recording device secretly planted inside one of its offices. The company used its AI models to investigate the device and identified an employee who allegedly installed it days

SERIES OF EXPLOSIONS IN KYIV, NO ADVANCE WARNING OR ALERT GIVEN, REUTERS WITNESSES SAY

U.S. CORE INFLATION FORECAST ALIGNS WITH WALL STREET EXPECTATIONS The Cleveland Fed's inflation nowcast points to core CPI rising 0.20% month-over-month, nearly matching analysts' median forecast of 0.21%. Key figures: * Headline CPI: +0.53% MoM, below analysts' forecast range

MICHAEL SAYLOR PREDICTS BITCOIN WILL SURGE BACK ABOVE $100,000 Strategy ($MSTR ) Chairman Michael Saylor says Bitcoin's bear market is over, predicting a return above $100,000. Key takeaways: * Bitcoin: Trading near $83,000. * Bottom: Saylor believes BTC bottomed just below

UKMTO: RECEIVED A REPORT OF AN INCIDENT WITHIN THE STRAIT OF HORMUZ

U.S. DIESEL FUTURES SURGE 4.5% DESPITE TRUMP'S RUSSIAN FUEL DEAL U.S. diesel futures jumped 4.5% to a two-week high, despite President Trump's agreement to suspend sanctions on Russian diesel exports. Energy traders warn that the additional Russian supply is insufficient to

EX-GANG LEADER SENTENCED TO 40 YEARS TO LIFE IN PRISON FOR ORCHESTRATING 1996 MURDER OF RAP STAR TUPAC SHAKUR IN LAS VEGAS

BITCOIN WHALES RESUME ACCUMULATION AS MARKET ENTERS EARLY BULL PHASE Large Bitcoin holders are buying again after more than a year of selling, according to CryptoQuant. Whales now hold 3.03 million BTC, their highest holdings since November 2025. CryptoQuant says the shift

U.S. TREASURY YIELDS FALL FOLLOWING FED'S WILLIAMS COMMENTS U.S. Treasury yields moved lower after New York Fed President John Williams signaled one more rate hike in 2026 may be sufficient, with no further increases currently anticipated in 2027. 30-year yield: 5.565% (-3.42

FED'S WILLIAMS SEES ONE MORE RATE HIKE IN 2026, NONE IN 2027 New York Fed President John Williams says one additional rate hike may be appropriate this year, but he currently sees no need for further increases in 2027. Williams expects inflation to move closer to the Fed's 2%

*FED'S WILLIAMS SAYS ECONOMY NOT OVERHEATING *FED'S WILLIAMS SEES NO LABOR MARKET INFLATION PRESSURE *FED'S WILLIAMS SAYS DISINFLATIONARY FORCES STILL AT PLAY *FED'S BARKIN SAYS ECONOMIC SHOCKS CONTINUE

*FED'S WILLIAMS SEES NO NEED FOR RATE HIKE IN 2027 AT THIS TIME

ROSENBERG WARNS U.S. STOCK MARKET IS THE MOST STRETCHED IN 40 YEARS Veteran strategist David Rosenberg warns that U.S. stock valuations, leverage and investor positioning have reached unprecedented extremes in his four-decade career. He argues the market is more dependent on AI

SAUDI CIVIL DEFENSE ALERTS OF POTENTIAL DANGER IN EASTERN PROVINCE

CVS $CVS AGREES TO PAY $315M OVER OPIOID PRESCRIPTIONS AND FALSE CLAIMS, JUSTICE DEPARTMENT SAYS The Justice Department says the payment covers illegally filling unlawful opioid prescriptions and submitting false claims to the federal government.

BOND EXPERT WARNS OF $110 BILLION SELLING SHOCK IF TREASURY YIELDS HIT 6% Veteran bond strategist Harley Bassman warns of a “nightmare scenario” in U.S. Treasuries. If the 20-year Treasury yield rises above 6%, futures-related hedging could trigger selling pressure equivalent

LOCKHEED MARTIN $LMT AND AVIO ANNOUNCE COOPERATION AGREEMENT FOR SOLID ROCKET MOTOR PRODUCTION

NVIDIA $NVDA BUYS STAKES IN GENESIS AI, PIGMENT AND ENTALPIC

ZELENSKYY PROPOSES NEW TALKS WITH U.S. IN COMING DAYS Ukrainian President Zelenskyy says Ukraine has submitted proposals for further negotiations with the United States. He confirmed sending meeting proposals to Steve Witkoff and Jared Kushner, adding that Ukraine is ready to

NETANYAHU, TRUMP REPORTEDLY DISCUSS RENEWED STRIKES ON IRAN Netanyahu reportedly discussed renewed military action against Iran with Trump last week, according to Axios. U.S. officials believe Netanyahu may seek strikes before Israel's October 27 elections. No military

QUALCOMM $QCOM WINS JURY VERDICT AGAINST ARM $ARM FOR BREACH OF ARCHITECTURAL LICENSE AGREEMENT

*BARKIN: 2% INFLATION NOT SOME UNICORN, SOMETHING WE CAN HIT

UNITED AIRLINES: UNITED CONTINUES STARLINK ROLLOUT WITH INSTALLATIONS UNDERWAY ON BOEING 737 MAX 8 FLEET ON GUAM UNITED AIRLINES: UNITED HAS BEEN RAPIDLY EXPANDING STARLINK, EXPECTS TO COMPLETE INSTALLATIONS THROUGHOUT ITS FLEET BEFORE END OF 2027

APPLIED MATERIALS $AMAT TARGETS 54% GROSS MARGIN AND 40% OPERATING MARGIN BY 2030 The company's non-GAAP targets for 2030 come with growth and capital return goals, per Applied Materials. - Service revenue: expected to grow over 20% in 2026 and exceed $12B by 2030 - Capacity:

$NVDA - NVIDIA TO ANNOUNCE $2 BILLION IN NEW EUROPEAN AI INVESTMENTS Nvidia CEO Jensen Huang says the company plans to announce $2 billion in European AI investments next week, adding to the $8 billion invested over the past year. Nvidia also announced new funding for four

STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE WERE UNCHANGED AT 283 MLN BARRELS LAST WEEK, LOWEST LEVEL SINCE OCTOBER 1982

TRUMP WARNS HOUTHIS OVER ATTACKS ON SAUDI ARABIA AND RISING OIL PRICES President Trump accused Yemen's Houthis of attacking Saudi Arabia and deliberately trying to drive up oil prices ahead of U.S. elections. He suggested Iran may be behind the renewed attacks, while recalling

Reminder: Anthropic is reportedly holding an institutional investor day on Wednesday, October 14, ahead of its potential IPO. Investors are expected to discuss the company's financial performance, although no public financial disclosures have been confirmed.

*TRUMP: WILL MAKE DECISION ON IRAN *TRUMP, ON IF HE'D ASK TURKEY TO JOIN YEMEN RESPONSE: I MIGHT

*TRUMP: I'LL LET YOU KNOW IF RUSSIA HAS BROKEN CEASEFIRE

OPENAI WARNS MORE UNDETECTED ROGUE AI INCIDENTS MAY EXIST OpenAI executive Tom Duff Gordon told UK lawmakers that additional incidents involving AI agents acting outside intended boundaries may have gone undetected. The warning follows reports of an OpenAI agent infiltrating an

TRUMP: HOUTHIS ARE BEHAVING VERY BADLY TRUMP: SPOKE TO SAUDI CROWN PRINCE

TRUMP: US STILL SHARING INTEL WITH UKRAINE TRUMP: WE ARE HELPING THEM AND SHARING INTELLIGENCE TRUMP: DIESEL IS GOING TO BE RELEASED TO THE WORLD, NOT FOR US TRUMP: RUSSIANS ARE RELEASING IT TO ENTIRE WORLD

*RUSSIA EXPECTS US TALKS ON BILATERAL ISSUES BY YEAR-END: IFX

U.S. DIESEL PRICES SURGE DESPITE TAX RELIEF AND RUSSIAN SUPPLY DEAL U.S. diesel futures are up 2.1% to $4.8239 per gallon, despite tax relief measures and the lifting of sanctions on Russian diesel. Analysts warn that tax breaks on dyed diesel offer little benefit to trucking

INVESTORS PILE INTO LONG-TERM U.S. TREASURIES AHEAD OF CPI AND FED DECISION Investors are favoring longer-term Treasuries, pushing long-term yields lower faster than short-term rates, according to BMO. Markets increasingly expect the Fed to hold rates steady in October,

TEGNA $TGNA AND DISNEY RENEW ABC AFFILIATION AGREEMENTS IN 13 MARKETS

INTERACTIVE BROKERS $IBKR EXPANDS DIGITAL ASSET OFFERING WITH CRYPTOCURRENCY STAKING

META $META AND 14 TECH COMPANIES JOIN GLOBAL LAW ENFORCEMENT TO DISRUPT WEST AFRICAN SCAM NETWORKS

*US SEPT EXISTING HOME SALES 3.99M; EST. 3.95M *US SEPT EXISTING HOME SALES +1.5% M/M; AUG -3.2% *US AUG EXISTING HOME SALES REVISED TO 3.93M FROM 3.98M *US SEPT EXISTING HOME MEDIAN PRICE +1.3% Y/Y TO $417,500 *US SEPT HOME INVENTORY 1.60M UNITS; 4.8 MONTHS' SUPPLY *US

YEMEN'S HOUTHIS SAY THEY'RE DEALING WITH SAUDI ATTACKS TARGETING SANAA

HOUTHI-RUN AL-MASIRAH TV REPORTS ATTACK ON YEMEN OIL COMPANY IN SANAA

BREAKING: EXPLOSIONS REPORTED IN YEMEN'S CAPITAL FOLLOWING AIRSTRIKES Explosions have been heard in Sanaa, Yemen, following reported airstrikes by warplanes, according to Al Hadath, citing local sources. The identity of the aircraft, targets and extent of any damage remain

U.S. MEMORY AND DATA STORAGE STOCKS PLUNGE IN BROAD SELLOFF Memory and storage stocks are falling sharply as selling pressure spreads across the sector. Western Digital ($WDC ): -6.5% Seagate ($STX ): -6.1% SK Hynix: -4.8% Micron ($MU ): -4.7% SanDisk ($SNDK ): -4.1%

U.S. SEMICONDUCTOR STOCKS SLIDE AS CHIP SECTOR FACES SELLING PRESSURE U.S. chip-related stocks are trading lower across the board. Marvell ($MRVL): -4.2% AMD ($AMD ): -3.0% Intel ($INTC ): -3.0% Applied Materials ($AMAT): -3.2% Nvidia ($NVDA ): -1.1% Broadcom ($AVGO): -0.8%

GOLDMAN CEO SAYS HEALTH OF US ECONOMY REMAINS SOLID

PIPER SANDLER: TEEN SURVEY REVEALS MAJOR WINNERS AND LOSERS ACROSS STOCKS Piper Sandler's latest survey of nearly 9,000 U.S. teens highlights shifting consumer trends. BEAUTY: Spending rebounds, with ULTA and EL top picks. ELF remains the leading cosmetics brand, while Rhode

TWO-YEAR U.S. TREASURY YIELDS TURN POSITIVE LAST UP 0.64 BASIS POINTS AT 4.797% YIELD CURVE BETWEEN TWO-YEAR AND 10-YEAR TREASURY NOTES LAST AT A POSITIVE 40.6

🚨Political Trade Alert🚨 Rep. Tim McCaul has released a new financial disclosure. Highlights: $AEIS Advanced Energy Industries $1k - $15k $BHE Benchmark Electronics $15k - $50k $TSM Taiwan Semiconductor $1k - $15k Sold: $AVGO Broadcom $1k - $15k $MTSI MACOM Tech $15k - $65k

MARTIN SHKRELI VIOLATED LIFETIME PHARMA INDUSTRY BAN, FTC AND STATES SAY IN CONTEMPT CLAIM - CNBC

HOUTHIS WARN OF NEW ATTACKS ON SAUDI OIL FACILITIES Yemen's Houthis have warned workers to stay away from Saudi oil facilities, citing potential military strikes. The group also renewed warnings to airlines, airports and passengers in previously designated areas. Saudi energy

JPMORGAN CEO JAMIE DIMON WARNS OF RISKS FROM AI AGENTS ACCESSING BANK ACCOUNTS Jamie Dimon warns that giving AI agents access to bank accounts carries serious security and liability risks. He says customers must understand that responsibility for misuse could shift when

HIGHER INTEREST RATES COULD PUT STRESS ON THE U.S. ECONOMY, JPMORGAN EXECUTIVES SAY

YEMEN'S HOUTHIS WARN EMPLOYEES AND CIVILIANS TO EVACUATE AREAS NEAR ARAMCO OIL FACILITIES, SAY THEY ARE LEGITIMATE TARGETS - HOUTHI MILITARY

TRUMP'S SCHEDULE — TUESDAY, OCTOBER 13 🔸 8:00 AM ET — Executive Time 🔸 9:30 AM ET — White House Press Briefing 🔸 7:30 PM ET — Trump Rally in Wasilla, Alaska (3:30 PM local) TRAVEL SCHEDULE (TBD): Washington, D.C. → Wasilla, Alaska Wasilla, Alaska → Las Vegas, Nevada

HASSETT: FED MAY SEE INFLATION SLOWDOWN AS REASON TO HOLD

HASSETT: MARKET HAS CONFIDENCE IN NEW FED CHAIR

YEMEN'S HOUTHIS WARNS SAUDI ARABIA THAT ANY ATTACK ON SANAA WILL BE MET WTIH 'HARSH' RESPONSE IN RIYADH -SPOKESPERSON

HASSETT: FED TO KEEP INFLATION IN CONTROL, NOT KILL THE ECONOMY.

JPMORGAN CFO: INVESTMENT BANKING PIPELINE REMAINS ROBUST DESPITE SLOWDOWN JPMorgan CFO Jeremy Barnum says investment banking conditions remain highly supportive, despite a slowdown in the second half of September. He emphasized that deals are being delayed rather than canceled,

OPEC RAISES 2027 OIL DEMAND FORECAST AS SAUDI PRODUCTION SURGES OPEC has raised its 2027 global oil demand growth forecast to 2.55M bpd, up from 2.36M bpd. However, it cut its 2026 forecast to just 180,000 bpd, down from 380,000 bpd. Meanwhile, OPEC+ crude output rose by

SAUDI-LED COALITION SPOKESPERSON SAYS WARNING TO BE ISSUED SHORTLY FOR CIVILIANS TO EVACUATE SITE IN YEMEN'S SANAA AHEAD OF SPECIAL OPERATION

IRAN WARNS U.S. OF MILITARY CONSEQUENCES AS OIL PRICES RISE Iranian officials have issued fresh warnings against U.S. military action, adding to geopolitical tensions in the Middle East. Iran's Deputy Foreign Minister warned that another U.S. military operation would have

GOLDMAN SACHS ($GS ) Q3 EARNINGS BEAT ESTIMATES Results * EPS: $17.01 vs. $13.02 est. (+30.6% beat) * Revenue: $18.68B vs. $16.71B est. (+11.8% beat) * Investment Banking Fees: $3.22B Equities Revenue: $6.44B * FICC Revenue: $3.47B * Net Interest Income: $3.77B * Provision for

U.S. ALCOHOL CONSUMPTION HITS RECORD LOW AS DRINKING HABITS SHIFT Americans are drinking less alcohol than ever recorded, according to Gallup, despite the country becoming less religious. The biggest declines are among Catholics, nonreligious Americans and infrequent

FED'S WALLER: SURGING U.S. BOND YIELDS DRIVEN BY GROWTH, NOT INFLATION Fed Governor Christopher Waller says strong economic growth and AI investment are pushing Treasury yields higher, while inflation expectations remain anchored. He warns that weaker safe-haven demand for U.S.

$NFLX - NETFLIX - SECURES EXCLUSIVE FIFA WORLD CUP 2030 BROADCAST RIGHTS IN SPAIN AND ANDORRA

FED'S GOOLSBEE WARNS AI BOOM COULD FUEL BROADER U.S. INFLATION Chicago Fed President Austan Goolsbee warns that AI-driven price pressures are spreading beyond data centers, raising concerns about overheating in the U.S. economy. Surging demand for electricity, construction,

AI IS AN INFLATION PROBLEM, FED’S GOOLSBEE SAYS - SEMAFOR

BOFA: U.S. TREASURY YIELDS MAY NEED TO HIT 6% TO DERAIL STOCK RALLY Bank of America's latest fund manager survey finds that 10-year Treasury yields would need to approach 6% before investors meaningfully shift money from stocks into bonds. Key findings: 🔸 76% expect the Fed

JPMORGAN'S DIMON WARNS OF RISKS DESPITE STRONG U.S. ECONOMY Jamie Dimon says the U.S. economy remains solid, supported by business investment and consumer spending. However, rising interest rates, sticky inflation, large deficits and geopolitical tensions pose growing risks.

KREMLIN DENIES TRUMP'S RUSSIAN DIESEL DEAL IS LINKED TO UKRAINE PEACE TALKS The Kremlin says Russia's diesel export agreement with the U.S. has no direct connection to negotiations over Ukraine. The denial follows a Reuters report that Trump's envoys presented the deal as an

HSBC: DON'T FIGHT THE AI TRADE AS STOCK RALLY GAINS MOMENTUM HSBC expects strong Q3 earnings and accelerating AI demand to extend the equity bull market. S&P 500 forward valuations have fallen 16.5% since late 2025, while earnings guidance is improving at its fastest pace since

Trump: Putin wants to make a deal more than Zelenskyy does

Trump: Putin wants to make a deal, we need to get Zelenskyy to make a deal

Trump: Zelensky has to focus on making a deal

Trump on Iran: They have no navy; they have no air force. Inflation is through the roof."

Trump: We have the best stock market in history. We have the best 401ks in history

NAVITAS $NVTS COLLABORATES WITH NVIDIA $NVDA ON 800V-TO-12V POWER DELIVERY BOARD FOR AI INFRASTRUCTURE

ONCOLYTICS BIOTECH $ONCY SECURES PATENT PROTECTION INTO THE LATE 2040S A new method of use patent for pelareorep was issued in several countries, with US issuance expected soon, per the company. It also expects to add a composition of matter patent for next generation

NURIX THERAPEUTICS $NRIX Q3 NET INCOME $549.8M, EPS $4.73 - Net income: $549.8M - EPS: $4.73 - Income from operations: $559.5M - Operating expenses: $113.6M - Pretax profit: $563.4M

IRAN ACCUSES UK OF STAGING FALSE FLAG ATTACK AT RAF FAIRFORD Iran's Foreign Ministry has categorically denied British accusations linking Tehran to a security incident at RAF Fairford. Tehran accused London of fabricating allegations and orchestrating a “false flag” operation,

RUSSIA'S NOVAK: RUSSIA HAS SUPPLIED ENERGY WORTH $21.3 BLN TO EU THIS YEAR

RUSSIA'S NOVAK: BY YEAR-END RUSSIA MAY REACH 3-3.5 MILLION TONS OF DIESEL EXPORTS

RUSSIA'S NOVAK: WE HAVE POSSIBILITY TO MAKE ADDITIONAL SUPPLIES OF DIESEL ON GLOBAL MARKETS

RUSSIA’S NOVAK ON DIESEL SUPPLY DEAL WITH TRUMP: THERE ARE TALKS BETWEEN GOVERNMENTS OF RUSSIA AND US ON SUPPLY

*UKMTO: CONTAINER VESSEL REPORTEDLY STRUCK BY UNKNOWN PROJECTILE

THREE BOOMS HEARD IN RIYADH - REUTERS WITNESS

🇫🇷 FRANCE'S ECONOMY STALLS AS GROWTH HITS JUST 0.1% France's economy grew just 0.1% in Q3, following stagnation in Q2, according to the Bank of France. Rising energy costs, weak manufacturing and sluggish construction continue to weigh on growth. Business uncertainty is

SAUDI ARABIA ISSUES EARLY WARNING ALERT FOR POTENTIAL HOSTILE THREAT IN RIYADH - MESSAGE SEEN BY REUTERS

🇫🇷 FRENCH THIRD-QUARTER GROWTH SEEN AT 0.1%, UNCHANGED FROM PREVIOUS ESTIMATE, CENTRAL BANK SAYS

HAMMACK: COMMENTS FROM LOW INCOME WORKERS WAS FIRST ABOUT TRADING DOWN, NOW THEY ARE BEGINNING TO JUGGLE WHAT BILLS TO PAY

HAMMACK: THE QUESTION FOR THE FED NOW IS HOW FAST TO MAKE POLICY MORE RESTRICTIVE

HAMMACK: HIGHER INTEREST RATES WON'T DISSUADE HYPERSCALERS, BUT MIGHT INFLUENCE FIRMS IN OTHER INDUSTRIES

HAMMACK: HEARING "EARLY WARNING SIGNS" OF A POSSIBLE PROBLEM WITH INFLATION EXPECTATIONS

HAMMACK: IF THE ECONOMY WERE TO RETURN TO A 3% HOME MORTGAGE IT WOULD LIKELY MEAN SOMETHING HAD GONE WRONG IN THE ECONOMY HAMMACK: THE NEUTRAL RATE IS LIKELY HIGHER BUT IT IS HARD TO PIN DOWN

FED'S HAMMACK: TREASURY RATES RIGHT NOW ARE "MODEST" BY HISTORIC STANDARDS

🇫🇷FITCH WARNS FRANCE FACES POTENTIAL CREDIT RATING DOWNGRADE Fitch Ratings warns that France's A+ credit rating is under pressure from rising government debt, weak economic growth and political instability. France's proposed 2027 budget targets a deficit of 5% of GDP, but Fitch

ZUCKERBERG SAYS META $META HAS REACHED THE AI FRONTIER He rejected calls for a slowdown and signaled further spending, saying Meta is "already working on the next step up." On AI safety, he said responsibility should fall on the individual lab to ensure model safety, per FT.

META UNVEILS NEW AI MODEL TO CHALLENGE OPENAI AND ANTHROPIC Meta ($META ) has launched Muse Wonder, a new AI model it claims competes with the world's most advanced systems. Key developments: 🔸Performance: Meta claims Muse Wonder outperforms rival OpenAI and Anthropic models

$META - MARK ZUCKERBERG SAYS META HAS REACHED AI ‘FRONTIER’ AND REJECTS CALLS FOR SLOWDOWN - FT

*FED'S HAMMACK SAYS MORE MONETARY POLICY TIGHTENING NEEDED *FED'S HAMMACK PREFERS SMALLER, MORE FREQUENT RATE MOVES *FED'S HAMMACK SAYS CURRENT POLICY NOT RESTRICTIVE ENOUGH *FED'S HAMMACK SAYS INFLATION RETURN TO TARGET TOO SLOW *FED'S HAMMACK SEES RISK OF HIGH INFLATION

FED'S HAMMACK CALLS FOR MORE RATE HIKES AS INFLATION RISKS PERSIST Cleveland Fed President Beth Hammack says U.S. interest rates need to rise further to bring inflation back toward the Fed's 2% target. In an interview with Barron's, Hammack warned that current monetary policy

IRAN'S AMBASSADOR TO UK DENIES ANY IRANIAN ROLE IN SUSPECTED PLOT TARGETING RAF FAIRFORD AIR BASE IN BRITAIN - IRANIAN STATE NEWS AGENCY

GETTY IMAGES $GETY TO GO PRIVATE IN RESTRUCTURING, PLANS PREPACKAGED CHAPTER 11 FILING The Getty family and Koch Equity Development commit up to $533M in equity. Equity investors would own 100% of the company, with the restructuring expected to complete by year end. -

FITCH: FITCH'S BASE CASE IS THAT SOME FORM OF DURABLE DEAL TO REOPEN STRAIT OF HORMUZ WILL BE ACHIEVED IN 1Q27

NVIDIA $NVDA AND CISCO $CSCO INTRODUCE A NEW PLUGGABLE OPTICS FORM FACTOR TO SCALE AI DATA CENTERS The companies are collaborating with TE Connectivity $TEL and Amphenol $APH on a USFP ecosystem, per Nvidia.

USER REPORTS SHOW PROBLEMS WITH OPENAI: DOWNDETECTOR

UK AND EU SET NOVEMBER 20 SUMMIT AS BREXIT RESET GAINS MOMENTUM British Prime Minister Andy Burnham will meet EU leaders Ursula von der Leyen and Antonio Costa on November 20 to strengthen UK-EU relations. The summit could advance cooperation on trade, energy markets, border

*MEXICO'S SHEINBAUM SAYS THERE'S PROGRESS IN TRADE TALKS WITH US

IMF: OVER HALF OF TOKENIZED STOCK TRADING HAPPENS OUTSIDE U.S. MARKET HOURS More than 50% of tokenized equity trading occurs outside regular U.S. market hours, according to the IMF. The findings highlight growing global demand for 24/7 stock trading, allowing investors to react

TRUMP DEFENDS RUSSIAN ENERGY DEAL, TARGETS EUROPEAN UNION President Trump claims the European Union paid Russia $250 billion for energy, defending his own decision to ease restrictions on Russian diesel. Trump accused the media of ignoring Europe's energy purchases and

ZELENSKIY SAYS RUSSIA HIT SIX ENERGY FACILITIES IN UKRAINE ON MONDAY

ZELENSKIY SAYS IT IS 'INCREASINGLY CLEAR' THAT RUSSIA IS UNWILLING TO ACCEPT US ENERGY CEASEFIRE PROPOSAL

IRAN CLAIMS THIRD SUPERTANKER STRUCK IN STRAIT OF HORMUZ Iran's Revolutionary Guards say a third supertanker has been hit and caught fire in the Strait of Hormuz within 48 hours. The IRGC claims the vessel ignored warnings and switched off its navigation system. Iran also

*IRAN'S IRGC SAYS SUPERTANKER WAS HIT IN HORMUZ ON MON. MORNING

GLOBAL SMARTPHONE SHIPMENTS PLUNGE 20% AS AI BOOM SQUEEZES CHIP SUPPLY Global smartphone shipments fell 20% in Q3, hitting their lowest third-quarter level since 2012, according to Counterpoint Research. AI data centers are absorbing memory chip supplies, driving up smartphone

GOLDMAN SACHS TURNS BULLISH ON BOTH STOCKS AND BONDS Goldman Sachs upgrades equities to overweight over three months and bonds to overweight over 12 months, citing strong earnings and limited recession risk. Analysts expect nearly 30% year-over-year S&P 500 earnings growth in

DOLLAR RISES TO 2.5-WEEK HIGH OF 158.64 YEN - LSEG

*ZELENSKYY: UKRAINE READY FOR ENERGY TRUCE, NOT SURE PUTIN IS

$SPCX - SPACEX PRICE TARGET RAISED TO $230 AS STARLINK TAKES AIM AT U.S. TELECOM GIANTS Pivotal Research raised its SpaceX price target to $230 from $220, maintaining a Buy rating. The upgrade follows SpaceX's reported $8 billion spectrum acquisition and authorization for

$CMG $SBUX - STARBUCKS NOT BUYING CHIPOTLE

GULF AIR SAYS IT HAS CANCELLED FLIGHTS TO AND FROM RIYADH FROM OCT 12 TO OCT 17 - POST ON X

$MSTR - STRATEGY BUYS MORE BITCOIN AND REPURCHASES $192 MILLION IN PREFERRED STOCK Strategy acquired 250 BTC for $21.5 million at an average price of $86,194 per Bitcoin. The company now holds 848,250 BTC, purchased for approximately $64 billion at an average cost of $75,444

FORMER U.S. DEFENSE SECRETARY WARNS IRAN WAR HAS “NO EASY WAY OUT” Former Defense Secretary Lloyd Austin warns Washington and Tehran both believe they can outlast each other, making a diplomatic breakthrough increasingly difficult. Austin says the Gulf will never return to its

*MERZ SAYS WILL LOWER ELECTRICITY TAX WITH ROOM IN GERMAN BUDGET

IRAN OFFERS TO MEDIATE AS SAUDI-HOUTHI CONFLICT ESCALATES Iran has offered to broker talks between Saudi Arabia and the Houthis, following deadly attacks on the kingdom. A strike on Riyadh's airport reportedly killed at least 12 people and injured hundreds, triggering

GERMAN CHANCELLOR MERZ ON US-RUSSIA DEAL: DIESEL DEAL IS OUT OF THE QUESTION FOR GERMANY; SANCTIONS MUST BE TIGHTENED

TRUMP'S RUSSIAN DIESEL DEAL UNLIKELY TO BRING PRICES DOWN Trump says Russia will release 4.8 million tons of diesel, equivalent to roughly 35.8 million barrels. That sounds substantial, but it would cover just nine days of U.S. diesel demand, according to EIA data. Only

OIL MARKETS FACE GROWING SUPPLY RISKS AS MIDDLE EAST ATTACKS ESCALATE Houthi missile and drone strikes on Saudi Arabia are intensifying, threatening critical oil infrastructure and exports through the Red Sea. Energy analysts warn that Yanbu and Jizan remain particularly

GOLDMAN SACHS TURNS BULLISH ON STOCKS AND BONDS Goldman Sachs has upgraded equities to overweight over three months and bonds to overweight over 12 months. The bank sees improving valuations, resilient earnings and easing inflation supporting markets into 2027. Goldman favors

GERMAN DOMESTIC SPY CHIEF SELEN: RUSSIA IS USING VIRTUALLY EVERY TOOL AT ITS DISPOSAL AS PART OF HYBRID OPERATIONS, INCLUDING ASSASSINATIONS PLANNED IN GERMANY

PUTIN OFFERS ELECTION-DAY CEASEFIRE IN UKRAINE The Kremlin says Putin is ready to halt Russian attacks during Ukraine's presidential election day. However, Moscow rejected Zelensky's proposed 60-day ceasefire, insisting on a broader peace agreement instead.

TRUMP: NEW PRESS SECRETARY ZACHARIA WILL HOLD A NEWS CONFERENCE ON TUESDAY

*WITKOFF, KUSHNER TRIP TO MOSCOW PUT ON HOLD: AXIOS

TRUMP’S RUSSIAN DIESEL DEAL SPARKS REPUBLICAN REVOLT Republican Senator Thom Tillis warns Trump’s Russian diesel deal may be illegal and put American lives at risk. Treasury Secretary Bessent defends the deal, while Canada condemns it. Meanwhile, Trump’s Russia-Ukraine energy

ZELENSKY BLINDSIDED BY TRUMP’S ENERGY CEASEFIRE ANNOUNCEMENT Zelensky says he knew nothing about the Russia-Ukraine energy ceasefire announced by Trump. “The ceasefire announcement was news for me.” However, Zelensky confirmed Ukraine is ready to accept if Russia agrees,

ZELENSKIY SAYS TRUMP'S CEASEFIRE ANNOUNCEMENT WAS NEWS FOR HIM -AXIOS ZELENSKIY SAYS IF RUSSIANS AGREE TO AN ENERGY CEASEFIRE UKRAINE WILL AGREE -AXIOS

PUTIN'S ENVOY DMITRIEV ON X: RUSSIA-US COOPERATION ON DIESEL AND ENERGY WILL BENEFIT THE WORLD

US ISSUES GENERAL LICENSE AUTHORIZING TRANSACTIONS RELATED TO SALE, DELIVERY, OFFLOADING, AND IMPORTATION OF DIESEL FUEL OF RUSSIAN ORIGIN THROUGH APRIL 7, 2027

Trump on Truth Social: 'Diesel Prices for Americans and, Indeed, the World, Will Be COMING DOWN, IN RECORD NUMBERS, AND FAST!'

*TRUMP SAYS RUSSIA TO DELIVER 3M METRIC TONS DIESEL SOON

TRUMP ANNOUNCES DEAL WITH PUTIN FOR RUSSIAN DIESEL SUPPLIES President Trump says he held a “highly successful” discussion with Vladimir Putin, securing an agreement for Russia to supply diesel to U.S. and global markets. According to Trump, Russia will deliver over 300,000 tons

U.S. JET FUEL PRICES NEAR $5 A GALLON AMID WAR DISRUPTIONS Jet fuel prices have surged to $4.95 per gallon in New York and $4.91 in Los Angeles, reaching their highest levels since March and April, respectively. Ukrainian strikes on Russian refineries and disrupted Middle East

TRUMP TO ISSUE DIRECTIVE TO US OFFICIALS THAT SEEKS TO CONTROL COST OF DIESEL -THREE INDUSTRY SOURCES SAY

DONALD TRUMP PRESSURES MEXICO FOR ENERGY DEALS IN CRUNCH TRADE TALKS - FT

JD VANCE ON PLANNED EXECUTION: I DON'T KNOW IF LIVESTREAM WILL HAPPEN VANCE: IF LIVESTREAMED, I WILL NOT BE WATCHING IT

U.S. GULF SHUTS DOWN 72% OF OIL PRODUCTION The U.S. Gulf of Mexico has shut in 71.5% of daily oil production and 58.8% of natural gas output, according to the Marine Minerals Administration. Personnel have been evacuated from 129 offshore production platforms, representing

*CHEVRON: EVACUATED MOST PERSONNEL IN GULF DUE TO ISAIAS *CHEVRON: SAFELY CONTINUING PRODUCTION AT 4 PLATFORMS *CHEVRON: SHUT-IN PRODUCTION AT REMAINING 5 FACILITIES

PORT OF LOS ANGELES HITS RECORD CONTAINER VOLUME IN SEPTEMBER The busiest U.S. container port handled a record 1.04 million TEUs in September, with imports reaching an all-time high of 546,696 TEUs. Port Executive Director Gene Seroka says the near-term outlook remains strong,

*TRUMP ON IRAN: IT'S A VERY SMALL PRICE TO PAY

*TRUMP REITERATES IRAN CAN'T HAVE NUCLEAR WEAPON

*TRUMP: GASOLINE PRICE WILL BE DOWN SOON

TRUMP ON IRAN: GOING TO BE OVER SOON ONE WAY OR THE OTHER

TRUMP: BIG ANNOUNCEMENT COMING UP ON DIESEL

U.S. CONSUMER SENTIMENT FALLS AS INFLATION EXPECTATIONS RISE University of Michigan consumer sentiment fell to 46.3 in October, missing expectations of 47.8 and declining from 48.1 in September. The current conditions index plunged to 44.7, well below forecasts of 51.0.

SPOT SILVER RISES NEARLY 3% TO $61.10/OZ

$SPCX - SPACEX SHARES UP 3.3% AFTER CO STRIKES DEAL TO ACQUIRE NATIONWIDE LOW-BAND SPECTRUM PORTFOLIO

EU AND CHINA REACH RARE EARTHS DEAL AS TRADE PRESSURE MOUNTS EU Trade Commissioner Maroš Šefčovič says Brussels and Beijing have reached an agreement on rare earths and magnets. A separate understanding on hybrid vehicles could halve Chinese shipments to Europe. However,

$NVDA - UBS REAFFIRMS NVIDIA BUY RATING WITH $300 PRICE TARGET UBS reiterated its Buy rating on Nvidia, maintaining a $300 price target following strong Taiwanese export data. Taiwan's computing equipment exports surged 25.9% month-over-month to $29.8 billion in September,

🚨Political Trade Alert🚨 Rep. Ro Khanna has released a new financial disclosure. (31 page) Highlights: $AMZN Amazon $1k - $15k $QCOM Qualcom $15k - $50k $TSLA Tesla $15k - $50k $WMT Walmart $15k - $50k Sold: $FISV Fiserv $1k - $15k $JNJ Johnson & Johnson $1k - $!5k

IRGC SAYS FROM NOW ON, ANY VESSELS COMMITTING VIOLATIONS OUTSIDE STRAIT OF HORMUZ WILL ALSO BE 'PUNISHED' - STATEMENT

*KREMLIN SAYS PUTIN-TRUMP CALL WILL BE SOON: IFX

IRAN CLAIMS LPG TANKER STRUCK NEAR STRAIT OF HORMUZ Iran's Revolutionary Guard Navy says a large LPG carrier named NV Sunshine was struck while attempting to transit south of the Strait of Hormuz, with reports indicating the vessel caught fire. The IRGC insists it controls

UKRAINIAN DELEGATION ARRIVES IN MIAMI FOR TALKS WITH US TEAM, SOURCE FAMILIAR SAYS

CANADA LOSES 68,300 JOBS IN SEPTEMBER, FAR WORSE THAN EXPECTED Canada's economy shed 68,300 jobs in September, sharply missing forecasts for a 9,200 gain. The unemployment rate rose to 6.5%, while both full-time and part-time employment declined. The services sector lost

GERMANY TO RELEASE UP TO 15 MILLION BARRELS OF EMERGENCY OIL RESERVES Germany will release up to 15 million barrels of oil and petroleum products, implementing the G7 agreement on energy reserves. Diesel and heating oil will be released first, followed by crude oil. Germany's

🇺🇸 PRESIDENTIAL SCHEDULE — FRIDAY, OCT. 9 🔸 8:00 AM ET — Executive Time — Closed Press 🔸 11:00 AM ET — Columbus Day Celebration — East Room — Pre-Credentialed Media 🔸 2:00 PM ET — Secretary of Labor Swearing-In — Oval Office — Closed Press 🔸 3:00 PM ET — Policy Meeting —

BOFA'S HARTNETT: $8 TRILLION IN CASH WON'T MOVE WITHOUT FED CUTS Money market funds attracted $166.4B last week, the biggest inflow since April 2020. Hartnett says sustained Fed cuts are needed to unlock sidelined cash: “No rate cuts, no cash cuts.” 🔥 BOFA'S BIGGEST MARKET

BESSENT HIRES TRUMP'S FORMER FED BOARD PICK, JUDY SHELTON, AS ADVISER - CNBC

🇫🇷 FRENCH DEBT CRISIS COULD POSE GREATER RISKS THAN GREECE, COMMERZBANK WARNS Commerzbank warns that France's debt problems could pose greater systemic risks to the eurozone than Greece's sovereign debt crisis. Eurozone public debt now averages 90% of GDP, up from 80% in 2009,

RTX $RTX'S RAYTHEON AWARDED $6.3B MULTI-YEAR CONTRACT FOR SM-3 IB INTERCEPTORS, PER THE DEPARTMENT OF WAR CBO estimated last month that the Iran war has consumed as much as two-thirds of US missile-defense interceptors since June 2025, and that rebuilding the inventory would

AMERICAN EXPRESS $AXP BANK AGREES TO PAY $350M CIVIL MONEY PENALTY TO THE OCC American Express National Bank agreed to the penalty under consent orders that do not impose an asset cap, per an SEC filing. The company says the penalty does not affect its full-year 2026 guidance,

BITDEER $BTDR ENTERS 8-YEAR AGREEMENT FOR A 60MW FACILITY AT ITS CYBERJAYA, MALAYSIA CAMPUS The A103 facility brings Bitdeer AI to about 95% of its up-to-350MW target capacity, per the company. Bitdeer AI estimates its active pipeline for AI cloud capacity at more than $10B.

SPACEX $SPCX AGREES TO ACQUIRE NATIONWIDE 800 MHZ SPECTRUM LICENSE PORTFOLIO, WINS FCC APPROVAL FOR 15,000 STARLINK SATELLITES - SpaceX agreed to acquire a nationwide portfolio of 800 MHz low-band spectrum licenses - The FCC approved SpaceX to launch 15,000 Starlink Gen2

GINKGO BIOWORKS $DNA TO PROVIDE AUTONOMOUS LAB ACCESS TO NSF X-LABS RESEARCHERS The company will contribute cloud lab time, remote access, and protein testing services to teams in the $1.5B NSF X-Labs program, per the company.

COCA-COLA $KO IS SEEKING TO SELL COSTA COFFEE, ITS $5B BRITISH COFFEEHOUSE ACQUISITION, PER SEMAFOR The wire corrects the source to Semafor.

STARBUCKS $SBUX SAYS IT IS "LASER-FOCUSED" ON ITS "BACK TO STARBUCKS" STRATEGY, PER WSJ Starbucks said: "We have strong momentum and confidence in our long-term growth potential."

DIAMONDBACK ENERGY $FANG REPORTS Q3 AVERAGE UNHEDGED REALIZED OIL PRICE OF $87.30 PER BARREL Average realized prices, per an SEC filing: - Oil: $87.30/bbl unhedged, $85.89 hedged - Natural gas: $1.12/mcf unhedged, $0.90 hedged - NGLs: $20.02/bbl, unhedged and hedged Diamondback

CITRINI SEES NEW ERA FOR CRYPTO AS AI AGENTS DRIVE BLOCKCHAIN ADOPTION Citrini Research says AI-powered financial agents could transform crypto investing, creating a new era of blockchain-based financial infrastructure. The firm highlights Coinbase ($COIN ), Robinhood ($HOOD ),

U.S. BUDGET DEFICIT NEARS $2 TRILLION, HIGHEST SINCE 2021 The U.S. federal deficit surged 12% to nearly $2 trillion in fiscal 2026, according to the Congressional Budget Office. Government spending reached $7.4 trillion, while revenue totaled just $5.4 trillion. The deficit is

SYNOPSYS $SNPS LOOKS TO WORK WITH CHINESE AI LABS TO SPEED UP CHIP DESIGN, PER NIKKEI The company is looking to help Chinese companies develop chips faster with an AI version of its tools, per Nikkei. Synopsys signed a multi-year agreement with OpenAI on September 30 to develop

SAUDIA PLANE HEAVILY DAMAGED AT RIYADH AIRPORT, SOURCES SAY

FED'S MUSALEM SIGNALS MORE RATE HIKES MAY BE NEEDED Fed's Alberto Musalem says inflation remains elevated, driven by persistent demand pressures and supply shocks. He warns that further monetary tightening will be required to bring inflation back to the Fed's 2% target, with

*HASSETT: REFINERIES ARE 'TURNING BACK ON', RELIEF COMING SOON

*NVIDIA-BACKED FIRMUS SET TO POSTPONE AUSTRALIA IPO

U.S. 30-YEAR TREASURY AUCTION HIGH YIELD HIGHEST SINCE AUGUST 2000

$ORCL - ORACLE SHARES SET FOR BIGGEST ONE-DAY DROP IN 12-WEEKS, LAST DOWN 6%

U.S. SANCTIONS 17 VESSELS AS IRAN HALTS OIL SHIPMENTS The U.S. Treasury has sanctioned 17 vessels involved in transporting Iranian crude oil, petroleum products and petrochemicals. A Treasury official says Iran has stopped both loading and unloading crude oil tankers due to the

$ORCL - ORACLE MOVES GAS BY TRUCKS TO AVOID DATA CENTER POWER DELAYS Oracle is transporting natural gas by truck to power AI data centers, bypassing pipeline delays threatening its expansion. Already used in Utah and Texas, the strategy could extend to its massive 2.45-GW

U.S. STOCKS EXTEND FALL, NASDAQ DOWN 1.00%

OPENAI RECENTLY TOLD INVESTORS ITS REVENUES WERE APPROACHING $50BN ON AN ANNUALISED BASIS AT END OF SEPTEMBER, FAR SHORT OF THE $70BN REPORTED - FT

OpenAI annualised revenues $20bn less than previously signalled

*LAGARDE: ECB HAS TOOLS TO COUNTER UNWARRANTED MARKET DYNAMICS

*LAGARDE TOLD EURO FINANCE CHIEF: NO SENSE OF BROADENING PRICES *LAGARDE TO EURO FINANCE CHIEF: ECB ATTENTIVE TO MARKETS

🇺🇸 PRESIDENT TRUMP — THURSDAY, OCTOBER 8, 2026 All times Eastern (ET) 🔸12:36 AM — Arrives at the White House 🔸8:00 AM — Executive Time (Closed Press) 🔸9:00 AM — In-Town Press Pool Call Time 🔸11:00 AM — Intelligence Briefing (Closed Press) 🔸1:30 PM — A New Golden Age Summit

US STOCKS PARE LOSSES AFTER TRUMP SAYS US WILL NOT ATTACK IRAN BEFORE US ELECTIONS IN NOVEMBER

TRUMP RULES OUT STRIKES ON IRAN BEFORE NOVEMBER 3 ELECTIONS President Trump says the U.S. will not attack Iran before the November 3 midterm elections, citing productive discussions with Tehran. However, he insists the blockade of Iran will remain fully enforced, claiming 22

🚨 TRUMP: WE WILL NOT BE ATTACKING IRAN AT ANY TIME PRIOR TO MIDTERM ELECTIONS TO BE HELD IN UNITED STATES ON NOVEMBER 3RD

TRUMP: WE ARE HAVING PRODUCTIVE DISCUSSIONS WITH ISLAMIC REPUBLIC OF IRAN

TRUMP SAYS “SUPER INTELLIGENCE” SHOULD REPLACE “ARTIFICIAL INTELLIGENCE” President Trump says the White House considers “Super Intelligence” the more accurate and widely accepted term. In a statement, Trump declared that anyone continuing to use “Artificial Intelligence”

IRAN REFUSES TO ABANDON URANIUM ENRICHMENT Iran's atomic energy chief Mohammad Eslami says Tehran will not abandon its nuclear enrichment program, insisting it remains a national right. The statement follows U.S. Vice President JD Vance's demand for meaningful reductions in

FED CHAIRMAN WARSH TO SPEAK ON OCTOBER 16 AT IMF -- IMF AGENDA FOR BANGKOK ANNUAL MEETINGS

$AAPL - APPLE ANNOUNCES OCTOBER 13 PRODUCT LAUNCH EVENT Apple has scheduled a product launch event for October 13, 2026, in New York City's Tribeca neighborhood. The event, titled “Welcome Home,” will begin at 9:00 a.m. ET. Apple has not yet disclosed which products will be

CBO WARNS U.S. NEEDS 5–6% REAL GDP GROWTH TO STABILIZE DEBT CBO Director Phillip Swagel says the U.S. would need 5–6% real GDP growth and 7–8% nominal growth to stabilize its debt-to-GDP ratio, assuming Treasury borrowing costs near 4–5%. With federal debt around 100% of GDP

U.S. MORTGAGE RATES HIT 7.4% AS HOME SELLERS CUT PRICES The average 30-year mortgage rate climbed to 7.4%, its highest since November 2023, further weakening housing demand. With buyers retreating, 21% of sellers reduced asking prices, a record share for this time of year in

HEAD OF IRAN'S ATOMIC ENERGY ORGANIZATION: IRAN WILL NOT ABANDON URANIUM ENRICHMENT OR HAND OVER ITS URANIUM - STATE MEDIA

$SPCX - SPACEX: TARGETING THURSDAY, OCTOBER 15 FOR A FALCON 9 LAUNCH OF THE USSF-481 MISSION

YEMEN'S HOUTHIS SAY THEY ATTACKED RIYADH'S KING KHALID AIRPORT WITH TWO MISSILES

CBO’S SWAGEL SEES FISCAL TRAJECTORY PUTTING PRESSURE ON RATES

CBO’S SWAGEL: DEBT CONCERN IMPACT ON YIELDS IS SMALL

*SWAGEL: UNLIKELY GROWTH ALONE CAN STABILIZE DEBT TRAJECTORY

US MILITARY BRIEFED INTERNATIONAL SHIPPING PARTNERS ON THE STRAIT OF HORMUZ ON THURSDAY -CENTCOM

VANCE: MICROSOFT NEEDS TO SHOW THEY ARE SERIOUS ABOUT PUTTING AMERICAN WORKERS FIRST

$NVDA - NVIDIA COMMITS $1 BILLION TO ADVANCE US SCIENCE OVER THE NEXT FIVE YEARS

NORTH CAROLINA HEALTH DEPT: ADULT IN CENTRAL PART OF STATE DIED DUE TO COMPLICATIONS OF FLU DURING FIRST WEEK OF OCTOBER

*UKRAINE SAYS IT HIT RUSSIA'S OMSK OIL REFINERY

$MSFT $ADBE - LABOR SECRETARY SAYS IS SUSPENDING SOME OF THE LARGEST IT SOURCING FIRMS IN THE WORLD FROM LABOR CERTIFICATION PROGRAM INCLUDING MICROSOFT AND ADOBE

US SUSPENDING PERM PROGRAM FOR MICROSOFT, VANCE SAYS VANCE SAYS MESSAGE TO MICROSFOT IS YOU'VE GOT TO HIRE AMERICAN WORKERS

$SBUX - Starbucks has explored takeover of Chipotle in restaurant megadeal

U.S. AUG WHOLESALE INVENTORIES REVISED TO +0.5% (CONSENSUS +0.7%) FROM +0.7%

ECB RELUCTANT TO INTERVENE AS FRENCH BOND RISKS MOUNT French 10-year bond spreads over Germany have hit their highest since 2011, raising fears of contagion across Europe. The ECB could deploy its Transmission Protection Instrument (TPI) to stabilize markets, but officials say

$SPCX - TRUMP BOUGHT UP TO $25 MILLION IN META AND $5 MILLION IN SPACEX DEBT President Trump disclosed 517 securities transactions in August, totaling $74 million to $273 million, according to CNBC. His largest purchase was $5 million to $25 million in Meta shares, alongside

$META $AMD - TRUMP BOUGHT UP TO $25 MILLION IN META STOCK President Trump purchased $5 million to $25 million in Meta shares on August 21, according to CNBC, citing his August financial disclosure. Trump also sold between $1 million and $5 million in AMD stock during August.

🇫🇷 *FRENCH UNIONS CALL FOR FURTHER STRIKE ON OCT. 13: AFP

🚨Political Trade Alert🚨 Rep. Maria Salazar has released a new financial disclosure. Highlights: All Sales- $SPCX SpaceX $1k - $15k $BA Boeing $1k - $15k $BIIB Biogen Inc. $1k - $15k $CVX Chevron $1k - $15k $GE GE Aerospace $1k - $15k $MSFT Microsoft $1k - $15k

🚨Political Trade Alert🚨 Rep. Josh Gottheimer has released a new financial disclosure. Highlights: All Sales- $AMAT Applied Materials $1k - $15k $MCD McDonalds $1k - $15k

🇫🇷FRANCE’S LESCURE DISMISSES BOND MARKET CRISIS French Finance Minister Roland Lescure says France’s bond market is functioning normally, despite a sharp rise in borrowing costs. He argues the selloff reflects a global repricing of inflation, debt and monetary policy

RUBIO ON WAR IN UKRAINE: SEEMS TO BE AT A STALEMATE

REPORTS OF ONGOING MISSILE ATTACKS ON SAUDI ARABIA Reports indicate continued missile fire targeting Saudi Arabia, with some infrastructure reportedly hit. Saudi air defenses are said to have intercepted multiple ballistic missiles. The extent of the damage and the reported

YEMEN'S HOUTHIS SAY THEY ATTACKED KING KHALID AIRPORT IN RIYADH WITH BALLISTIC MISSILE ON THURSDAY - POST ON X

US JOBLESS CLAIMS -2K TO 197K IN OCT-3 WK; SURVEY 200K US SEP-26 WEEK CONTINUING CLAIMS +17K TO 1,716,000 US SEP-26 WEEK JOBLESS CLAIMS REVISED TO 199K

*FRANCE'S LESCURE SAYS NOT IN DYSFUNCTIONING BOND MARKET

SPOTIFY RENEWS JOE ROGAN DEAL WORTH AN ESTIMATED $250 MILLION Spotify has renewed its partnership with Joe Rogan in a multiyear agreement, reportedly on terms similar to his previous deal, valued at an estimated $250 million. The Joe Rogan Experience remains America's

SPOTIFY RENEWS JOE ROGAN PODCAST FOR MULTIYEAR DEAL

JPMORGAN WARNS SURGING BOND YIELDS THREATEN SMALL-CAP STOCKS JPMorgan warns rising 30-year yields pose a growing risk to small- and mid-cap equities, driven by deteriorating government finances. Around 60% of global GDP now comes from countries with debt exceeding 100% of GDP

GREER: WHEN CANADIANS GET TO "YES," WE'LL BE READY TO TALK-CNBC INTERVIEW

IRAN TO RESPOND TO U.S. NUCLEAR PROPOSALS WITHIN DAYS Iran’s foreign minister says negotiations with Washington remain ongoing through mediators, with messages still being exchanged. Tehran has submitted a “seven-day plan” and is reviewing U.S. proposals. Iran expects to

IRAN: Reiterates Will Not Back Down On Nuclear Enrichment Head of the Atomic Energy Organization: We will not give up our right to enrichment, and we will not hand over the uranium.

U.S. PROPOSES $70,000 WORK TRAINING FEE FOR FOREIGN STUDENTS The Trump administration is proposing a $70,000 fee for international students seeking work authorization through OPT, up from roughly $500 currently. Additional work training would cost $30,000, potentially making

🇨🇳CHINA STEPS UP ECONOMIC TALKS WITH UK AND EU Chinese Vice Premier He Lifeng called for stronger economic and financial cooperation with the UK during talks with Britain's finance minister. Separately, China's commerce minister met EU trade chief Maroš Šefčovič in Beijing, as

RUSSIA WARNS EUROPE OF RETALIATION IF ATTACKED Russia says it would respond to any aggression from Western Europe, while denying plans to attack the region. Moscow previously warned NATO it could use its entire arsenal, including nuclear weapons, if the alliance attempted to

TURKEY WEIGHS AIR DEFENSE SUPPORT FOR SAUDI ARABIA Turkey is assessing air defense assistance to Saudi Arabia against Houthi attacks. Ankara stressed the Mecca Pact is defensive, ruling out deploying troops for offensive operations.

🇫🇷 FRENCH DEFAULT RISK REMAINS NEAR MULTI-YEAR HIGHS The cost of insuring French government debt against default remains elevated as political instability and fiscal concerns weigh on investor confidence. France’s 5-year sovereign CDS stands at 80 basis points, just below last

U.K. 10-YEAR GILT YIELDS HIT 5.527%, HIGHEST SINCE 2007: LSEG U.K. 30-YEAR GILT YIELDS HIT 6.047%, HIGHEST SINCE 1998: LSEG

IBM $IBM ADVANCES TO STAGE C OF DARPA QUANTUM BENCHMARKING INITIATIVE

*ORACLE, BROADCOM, SPACEX SEEK DEBT DEALS FOR AI CHIPS: WSJ

RIVIAN $RIVN ANNOUNCES $1B, 10-YEAR TERM LOAN FROM VOLKSWAGEN GROUP The facility was funded in full on October 7 and matures October 7, 2036, per an SEC filing. - Fixed interest rate: 6.03% - Secured by Rivian's 50% equity interest in the joint venture

LEVI STRAUSS $LEVI Q3 ADJ EPS $0.48 VS $0.36 EST, INCLUDING A $0.16 TARIFF REFUND BENEFIT - Adj EPS: $0.48 vs $0.36 est, beat - Revenue: $1.61B vs $1.62B est, slight miss FY2026 guidance: - Adj EPS: $1.54-1.56 vs $1.54 est - Reported net revenue growth: about 7% - Organic net

MICROVISION $MVIS REAFFIRMS FY2026 REVENUE GUIDANCE OF $10-15M, PROJECTS REVENUE TO DOUBLE IN 2027

WOLFSPEED $WOLF ANNOUNCES A CONDITIONAL 30-YEAR, $1.5B LOAN COMMITMENT FROM THE DEPARTMENT OF WAR The financing would fund upgrades to gallium nitride epitaxy and the development of radiation-hardening capabilities, per the company. Wolfspeed would be required to issue

LULULEMON $LULU NAMES JOSEPH GODSEY COO AND MAGGIE GAUGER PRESIDENT AND CHIEF PRODUCT OFFICER, EFFECTIVE OCTOBER 26 Chief Brand and Product Activation Officer Nikki Neuburger and Chief Supply Chain Officer Ted Dagnese will leave the company on November 6, per the company. CFO

TRUMP TO UNVEIL $1 BILLION+ AI SCIENCE PUSH President Trump will attend a White House summit Thursday focused on using advanced AI to accelerate scientific breakthroughs and strengthen U.S. leadership. The administration will announce more than $1 billion in industry

SYRIA WEIGHS MILITARY SUPPORT FOR SAUDI ARABIA AGAINST HOUTHIS Syria is considering providing military assistance to Saudi Arabia as the kingdom battles Iran-backed Houthis in Yemen, according to U.S. and Syrian officials. Options reportedly include defensive support against

DELL $DELL INTRODUCES XPS 16 CREATOR EDITION LAPTOP POWERED BY NVIDIA $NVDA RTX SPARK The launch is part of a new lineup of Windows PCs and workstations, per the company.

CAPITAL ECONOMICS: CENTRAL BANKS MAY HIKE LESS THAN MARKETS EXPECT Capital Economics says central banks are unlikely to raise rates as far as investors currently price over the next year. While elevated bond yields have tightened financial conditions, much of that tightening

*FED: MOST PARTICIPANTS SAW ANOTHER 2026 HIKE LIKELY APPROPRIATE

*FED: ALL 19 OFFICIALS SUPPORTED RATE HIKE AT SEPTEMBER MEETING

FED MINUTES: MOST OFFICIALS SEE ANOTHER RATE HIKE BY YEAR-END All Fed participants backed September’s 25bp rate hike, while most judged another increase would likely be appropriate by year-end, minutes show. Almost all saw inflation risks tilted to the upside, with some warning

TRUMP: CANADA WOULD LIKE TO MAKE A DEAL BUT WE'RE NOT SATISFIED

TRUMP: CANADA HAS BEEN VERY DIFFICULT TO DEAL WITH

TRUMP: WE EXPECT RUSSIA TO SHARE A LOT OF INFORMATION

BESSENT: MORTGAGE RATES, BONDS WILL COME DOWN AFTER IRAN CONFLICT ENDS

BESSENT: ENERGY MARKET WILL BE WELL SUPPLIED AFTER IRAN CONFLICT ENDS

TREASURY'S BESSENT: BONDS ARE A GLOBAL PHENOMENON

TRUMP: WE SHOULD HAVE THE LOWEST INTEREST RATE IN THE WORLD

TRUMP ON TRADE: IN A LITTLE WHILE WE WON'T NEED ANYTHING FROM ANYBODY

TRUMP ON RUSSIA, PUTIN CALL: HAVE CALL SET UP

TRUMP ON LAB WORKER DEATH IN RUSSIA: WE DON'T THINK IT'S BIOWEAPON BUT WILL FIND OUT

SMALL MORTGAGES ARE DISAPPEARING ACROSS THE U.S. Mortgages of $100,000 or less accounted for less than 3% of U.S. home loans in 2025-26, down from more than 12% in 2013-14, according to Realtor The decline reflects fewer low-priced homes and persistent barriers to issuing

CDC DIRECTOR SCHWARTZ SAYS CDC IS WORKING WITH DIFFERENT FEDERAL AGENCIES TO MONITOR IF ANYONE FROM SIBERIA ENTERS THE US- WSJ MEDIA EVENT

TREASURY WI 10 YR YIELD 5.317% BEFORE $39B AUCTION * US TSY 9Y-10M NOTE AUCTION: HIGH YLD 5.300%; ALLOTMENT 57.60%

CHINA SLAPS DOWN EU REQUEST FOR VOLUNTARY CURBS ON HYBRID CAR EXPORTS - FT

FRANCE TO RELEASE 10 MILLION BARRELS OF DIESEL FROM STRATEGIC RESERVES France will release 10 million barrels of diesel from its strategic reserves amid surging fuel prices, France Télévisions reports. Prime Minister Sébastien Lecornu is expected to officially announce the move

🇫🇷 FRANCE TO RELEASE 10 MLN BARRELS OF DIESEL FROM RESERVES, FRANCE INFO REPORTS

*FRENCH FINANCE MINISTRY: NO CHANGE IN BOND ISSUANCE STRATEGY

OPENAI: TEENS AVERAGE UNDER 15 MINUTES A DAY ON CHATGPT OpenAI says teens spend under 15 minutes per day on ChatGPT on average, while fewer than 2% use it for more than three consecutive hours. OpenAI also says ChatGPT for Teens users sent 2.7 million more learning-related

FRANCE CONSIDERS SHIFT TO SHORTER-TERM DEBT AMID BOND SELLOFF France is considering issuing more shorter-maturity debt as investors grow increasingly reluctant to hold longer-term French bonds, Finance Minister Roland Lescure told WSJ. France’s 10-year yield rose to 4.91%,

FRANCE CONSIDERS ISSUING MORE SHORTER-TERM DEBT AMID BOND-MARKET TURMOIL

US TREASURY TO BUY BACK UP TO $6B IN LONGER-DATED DEBT THURSDAY

NY FED: U.S. INFLATION EXPECTATIONS RISE SHARPLY U.S. consumers’ 1-year inflation expectations jumped to 3.9% in September from 3.6%, the highest since May 2023, according to the NY Fed. Three-year expectations edged up to 3.3% from 3.2%, while five-year expectations held at

FOMC MINUTES IN FOCUS AS OCTOBER HIKE ODDS FADE Today’s FOMC minutes will be scrutinized for how firmly officials backed further rate hikes after September’s unanimous 25bp increase. October hike odds have fallen to around 20% from 55% after softer inflation and payroll data,

GERMANY'S 2-YEAR BOND YIELD DOWN 6 BASIS POINTS AT 3.02%, WHILE OTHER SOVEREIGN YIELDS RISE FRENCH 2-YEAR BOND YIELD UP 6 BPS AT 3.61%, ITALIAN 2-YEAR YIELD ALSO UP 6 BPS AT 3.48%

US MIDWEST GASOLINE STOCKS FELL IN LATEST WEEK TO RECORD LOW, EIA SAYS

IEA BACKS ACCELERATED RELEASE OF 100M BARRELS OF OIL STOCKS IEA members backed accelerating previously pledged oil stock releases from March, with the remaining commitments potentially bringing around 100 million barrels to market. Members also supported prioritizing diesel

MARVELL TECHNOLOGIES CEO MATT MURPHY: IMPLIED DATA CENTER REVENUE COULD TOP $30 BILLION BY 2028 - CNBC

HEZBOLLAH RECEIVES $200 MILLION FROM IRAN FOR DISPLACED LEBANESE, FIRST SUCH SUPPORT OF WAR, TWO SOURCES SAY IRANIAN FUNDS FOR HEZBOLLAH SENT VIA INTERMEDIARIES WHO CHARGE QUADRUPLE USUAL FEES BECAUSE OF HEIGHTENED RISK, SOURCE SAYS

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

UBS RAISES OIL PRICE FORECAST ON HORMUZ RISKS UBS raised its December oil forecasts by $5 per barrel, citing declining inventories and escalating attacks in the Strait of Hormuz that have increased the geopolitical risk premium. The bank now sees Brent at $100 and WTI at $96 by

🚨Insider Trade Alert🚨! Insider Troim Tor Olav has purchased 1,500,000 shares in $BORR Borr Drilling Ltd worth $6,364,200.00 $BORR current value: $4.21 Market: NYSE

UK 30-YEAR GILT YIELDS RISE TO HIGHEST SINCE 1998 AT 6.034%, UP MORE THAN 12 BPS ON DAY

$SPCX - SPACEX SHARES FALL 1.5%; FT REPORTS CO SEEKING $40 BILLION FINANCING TO BUY NVIDIA CHIPS

BTIG WARNS OF “BUYER EXHAUSTION” IN SPY BTIG flags a potential buying-climax signal after SPY posted at least six consecutive gap-ups into a 52-week high, followed by a gap-down of more than 40bp. The setup has occurred three times recently — July 2024, August 2025 and October

*KALSHI FILES PROPOSAL FOR NEVER-EXPIRING OIL CONTRACT WITH CFTC

🚨Political Trade Alert🚨 Rep. Tony Wied has released a new financial disclosure. Highlights: All Sales- $NOW ServiceNOW $50k - $100k $TTD Trade Desk $15k - $50k $UPST Upstart $15k - $50k $CMG Chipotle $15k - $50k

EU ENERGY TASK FORCE TO HOLD CALL AT 16H00 CEST TO DISCUSS OIL, DIESEL STOCK RELEASES, EU COMMISSION SPOKESPERSON SAYS

ATHA ENERGY CEO: "THE METAL ENDOWMENT OF THE ANGILAK URANIUM PROJECT IS WIDESPREAD AND HAS THE POTENTIAL TO BE CANADA'S NEXT URANIUM DISTRICT."

SPOT GOLD EXTENDS LOSSES, LAST DOWN NEARLY 2% AT $4,081.01/OZ

SPOT SILVER FALLS OVER 3% TO $59.66/OZ

YIELD ON 10-YR U.S. TREASURY NOTES RISES TO HIGHEST SINCE 2002 AT 5.3496%

🇨🇳CHINA WARNS EU IT HAS TOOLS READY IF TRADE TENSIONS ESCALATE China warned it could deploy foreign-subsidy probes and anti-discrimination measures if trade tensions with the EU intensify, according to a CCTV-linked account. The warning comes after France and Germany pushed for

FIRST LNG TRAIN AT QATAR'S NORTHFIELD EAST EXPANSION PROJECT IS READY TO START, FIRST GAS EXPECTED IN NOVEMBER, TWO SOURCES SAY

US INTERIOR SECRETARY BURGUM: WILL SOLVE BUDGET DEFICIT WITH GROWTH -CNBC INTERVIEW

BLACK SEA ATTACKS DISRUPT RUSSIAN SUNFLOWER OIL EXPORTS TO INDIA A 20,000-ton Russian sunflower oil shipment to India was cancelled after Black Sea port infrastructure was damaged, while another 60,000 tons of shipments have been delayed, Reuters reports. India’s October

FRANCE, GERMANY DIESEL RELEASE MAY INCLUDE NO NEW BARRELS France and Germany say diesel stocks promised under last week’s G7 agreement will largely come from reserves already committed in March, Politico reports, raising questions over how much additional supply will actually

REUTERS POLL: TREASURY YIELDS SEEN FALLING, BUT FORECASTS RISE SHARPLY Strategists expect the 10-year Treasury yield to fall to 5.00% in three months, 4.90% in six months and 4.75% in a year, all significantly above September forecasts. The 2-year yield is seen at 4.70%, 4.60%

🇫🇷 EURO ZONE OFFICIAL SEES NO CONTAGION FROM FRENCH BOND SELLOFF A senior euro zone official says there is no sign of contagion from the rise in French bond yields, calling the market reaction to political developments in Paris understandable. The official says France remains

IRAN REJECTS U.S. NUCLEAR PROPOSALS, INSISTS ON ENRICHMENT RIGHTS A senior Iranian official told Reuters that U.S. proposals for Tehran’s nuclear program are “at odds with Iran’s demands,” adding there have been no negotiations and Washington must first meet Tehran’s conditions.

SENIOR EURO ZONE OFFICIAL: SOME FRENCH POLITICAL FORCES NEED TO STOP PLAYING GAMES AND GET SERIOUS ABOUT THE ECONOMY

🇺🇸 PRESIDENTIAL SCHEDULE — WEDNESDAY, OCT. 7 🔸8:00 AM ET — Executive Time 🔸10:00 AM ET — Policy Meeting — Oval Office 🔸12:30 PM ET — Policy Meeting — Oval Office 🔥 1:00 PM ET — President Makes an Announcement — White House 🔥 7:00 PM ET / 6:00 PM CT — President Delivers

EURO EURO DOWN 0.73% AT $1.1178; STERLING DOWN 0.55% AT $1.3205

SENIOR EURO ZONE OFFICIAL: I DO NOT SEE CONTAGION FROM THE FRENCH BOND YIELD RISE SO FAR SENIOR EURO ZONE OFFICIAL:FRENCH YIELDS ARE RESPONDING TO NEWS OUT OF PARIS, THIS IS UNDERSTANDABLE

$39 BILLION 10-YEAR TREASURY AUCTION IN FOCUS A $39 billion 10-year Treasury auction will be closely watched today as investors test demand for U.S. debt amid elevated yields. BMO says Tuesday’s 3-year auction was well received, ending a streak of five consecutive auction tails

IRAN SAYS NO NUCLEAR TALKS UNDERWAY WITH U.S. A senior Iranian official told Reuters that no negotiations are currently taking place over Tehran’s nuclear program and said U.S. proposals conflict with Iran’s demands. Tehran says Washington must first meet Iran’s conditions

IRAN WILL NEVER GIVE UP ITS RIGHT TO ENRICH, BUT ENRICHMENT DETAILS CAN BE DISCUSSED LATER: SENIOR IRANIAN OFFICIAL TO REUTERS

US RECOGNITION OF IRAN'S RIGHT TO ENRICHMENT IS TEHRAN'S RED LINE: SENIOR IRANIAN OFFICIAL TO REUTERS

THERE HAVE BEEN NO NEGOTIATIONS BETWEEN IRAN, US ABOUT TEHRAN'S NUCLEAR PROGRAMME: SENIOR IRANIAN OFFICIAL TO REUTERS US MUST FIRST MEET TEHRAN'S CONDITIONS BEFORE NUCLEAR ISSUE CAN BE DISCUSSED: SENIOR IRANIAN OFFICIAL TO REUTERS

U.S. MORTGAGE RATES SURGE TO NEAR THREE-YEAR HIGH The average 30-year fixed mortgage rate jumped 19 basis points to 7.49%, its highest since November 2023, as Treasury yields surged. Mortgage rates have risen roughly 1.4 percentage points since late February, further squeezing

BCA: U.S. TAX HIKES COULD BECOME NEXT BIG STOCK RISK BCA Research remains bullish on equities, arguing rising bond yields reflect strong growth rather than a reason to turn bearish. The bigger risk, strategist Marko Papic says, is future U.S. tax increases, particularly

U.S. 30-YEAR YIELD HITS NEW 24-YEAR HIGH The 30-year Treasury yield climbed to 5.706%, its highest since 2002, as the global bond selloff resumed ahead of Fed minutes. The 10-year yield rose to 5.323%, while Brent crude topped $101 amid renewed geopolitical pressure. Danske

EUROPE'S STOXX 600 DOWN 1%

ITALY'S ECONOMY MINISTER: ITALY ASKS EU TO CONSIDER INFLATION AS A SIGNIFICANT FACTOR THAT CAN JUSTIFY DEVIATION FROM BUDGET GOALS

*TRUMP: HAVE A CALL SCHEDULED WITH PUTIN SOON *TRUMP SAYS HE HAS A CALL SCHEDULED WITH PUTIN SOON ON PLAGUE

BNP WARNS AXING 20-YEAR TREASURY COULD BACKFIRE BNP Paribas warns eliminating the 20-year Treasury bond could push yields higher, signaling panic and encouraging bond vigilantes rather than lowering borrowing costs. The bank maintains its 30-year Treasury short, targeting a

TRUMP ON IRAN: BIGGEST PROBLEM IS THAT NOBODY KNOWS WHO IS RUNNING THE COUNTRY

FRANCE READY TO BYPASS PARLIAMENT FOR €43 BILLION IN CUTS French Finance Minister Roland Lescure says the government is prepared to use constitutional powers to pass its 2027 budget without a parliamentary vote if negotiations fail. The plan includes roughly €43 billion in

PENGUIN SOLUTIONS $PENG Q4 ADJ EPS $1.00 VS $0.78 EST - Adj revenue: $566.685M vs $516.1M est, beat - Adj EPS: $1.00 vs $0.78 est, beat - Adj operating income: $89.796M vs $69M est, beat - EPS: $1.29 - Adj net income: $71.438M FY guidance: - Adj EPS: $4.45

CONSTELLATION BRANDS $STZ Q2 SALES $2.633B VS $2.543B EST - Sales: $2.633B vs $2.543B est, beat - Adj EPS: $3.74 vs $3.56 est, beat FY guidance: - Adj EPS: $11.20-11.90

TRUMP ON IRAN: WE HAVE TO FINISH UP; THE QUESTION IS HOW

S&P 500 REGISTERS RECORD CLOSING HIGH FOR FIRST TIME SINCE AUG 13

FLAMES, SMOKE SEEN AT VENEZUELA'S CARDON REFINERY, FOUR SOURCES SAY

U.S. PRESSES RUSSIA FOR ANSWERS OVER SIBERIA LAB DEATH The U.S. has formally pressed Russia for more information after a worker at a Siberian plague research center died from an unexplained pneumonia, according to the WSJ. Secretary of State Marco Rubio said Moscow has provided

State Department Seeks Answers on Mysterious Death at Plague Research Center in Russia -- WSJ

*TRUMP, TOLD FEDERAL GAS TAX NEEDS SUSPENDING: THINKING ABOUT IT

*TRUMP REITERATES IRAN IS DOING VERY POORLY

*TRUMP REPEATS AS SOON AS WAR IS OVER, OIL WILL BE DOWN

TRUMP: WE HAVE A VERY STRONG DOLLAR

US REITERATES IT STRONGLY ADVISES NOT TO TRAVEL TO RUSSIA

ANTHROPIC: CLAUDE NOW WORKS WITH GOOGLE DOCS, SHEETS, AND SLIDES - BLOG

ANTHROPIC LAUNCHES CLAUDE FOR GOOGLE WORKSPACE IN PUBLIC BETA The add-on brings Claude into Google $GOOGL Docs, Sheets, and Slides on all paid Claude plans, opening in a sidebar where it can read and edit the open file, per the company. - In Sheets, Claude can write formulas,

U.S. POWER DEMAND TO HIT RECORD HIGHS ON AI BOOM U.S. electricity consumption is projected to reach record highs in both 2026 and 2027, driven partly by growing demand from AI and crypto data centers, according to the EIA. Power demand is expected to rise from 4,195 billion kWh

EXPLOSION HEARD NEAR IRAN’S QESHM ISLAND The sound of an explosion was heard from the direction of the sea near Iran’s Qeshm Island, according to IRNA. No impact or strike has been reported on the island itself, and local sources have not yet provided further details. The

UKRAINE'S ZELENSKIY SAYS UPDATED INTELLIGENCE SHOWS RUSSIA IS PREPARING A 'MASSIVE ATTACK' ZELNSKIY SAYS MUCH DEPENDS ON REACTION OF WORLD LEADERS WHO 'HAVE THE DEFENSIVE CAPABILITIES WE NEED AND CAN PROVIDE THEM TO US'

THREE-YEAR U.S. TREASURY CLEARS AT 4.932%, HIGHEST AUCTION YIELD SINCE 2006

DIMON WARNS AI HAS INCREASED CYBER RISK TENFOLD JPMorgan CEO Jamie Dimon says AI has increased cyber risk tenfold, making cybersecurity the bank’s biggest threat. He also warned governments “can’t borrow endlessly and spend endlessly,” as rising debt could push yields and

TRUMP SAYS FRANCE FACES OUT-OF-CONTROL MASS MIGRATION TRUMP SAYS ISLAM SEEKS TO TAKE OVER FRANCE

🇯🇵 BOJ’S SATO BACKS FURTHER RATE HIKES, BUT FLAGS WEAK CONSUMPTION BOJ board member Ayano Sato supports gradually raising interest rates, saying tighter policy can contribute to sustainable economic growth, but declined to specify the timing of the next hike. Sato, who opposed

DRONE ATTACK SHUTS MAJOR RUSSIAN OIL REFINERY Russia’s Volgograd refinery completely halted crude processing on October 2 after equipment was damaged in a drone attack, industry sources told Reuters. The Lukoil-owned facility can process around 280,000 barrels per day,

TRUMP DIESEL TAX RELIEF CALLED A “BAND AID” U.S. diesel futures fell after President Trump temporarily allowed tax-deferred on-road use of red diesel through year-end, with the deferred federal excise tax potentially eliminated later. Ritterbusch says the measure may provide

*U.S. 10-Year Treasury Yield at 5.25% Is Attractive for Buyers, American Century Investments Says *Competition From AI-Related Credit Boom Is Major Factor Behind Spike in Government-Bond Yields: American Century Investments *Projected Multi-Trillion AI Spending Boom Is

AMERICAN CENTURY: TREASURY SELLOFF LOOKS OVERDONE American Century’s Charles Tan says the recent Treasury selloff may have gone too far, calling a 5.25% 10-year yield an attractive entry point for long-term investors. He argues the surge was driven largely by forced selling and

YELLEN BACKS RETALIATION AGAINST TRUMP TARIFFS Former Treasury Secretary Janet Yellen called President Trump’s treatment of U.S. allies “appalling” and said Canada and other countries should retaliate against protectionist measures rather than “accept this lying down.” Yellen

EUROPEAN COMMISSION PROPOSES RULE FOR NEW EU MEMBERS THAT COULD SUSPEND THEIR EU VOTING RIGHTS IF THEY BACKSLIDE ON EU VALUES

U.S. GASOLINE AND DIESEL PRICES EASE, BUT REMAIN SHARPLY HIGHER U.S. regular gasoline fell slightly to $4.354 per gallon, but remains $1.23 higher than a year ago. Diesel saw a much larger weekly decline, falling 18.3 cents to $6.199 per gallon, yet remains $2.49 above year-ago

S&P 500 ON TRACK FOR 28TH RECORD CLOSE OF 2026 The S&P 500 rose nearly 0.5% to around 7,810, putting it on course to surpass its Aug. 13 record closing high. The index is also approaching its 7,816.70 intraday record. A new high would mark the S&P 500’s 28th record close this

VITOL: MIDDLE EAST OIL FLOWS RECOVER, BUT SHIPPING CRISIS DEEPENS Vitol CEO Russell Hardy says the Middle East has re-engineered its oil trade through bypass routes and shuttle operations, with crude and product flows recovering to around 14 million barrels per day. But Hardy

*ISRAEL WARNS OF ATTACK RISK ABROAD AHEAD OF OCT. 7 ANNIVERSARY

$NVDA - NVIDIA SHARES CLIMB 1.3% TO ALL-TIME HIGH

S&P 500 BRIEFLY HITS INTRADAY RECORD HIGH, LAST UP 0.5%

WALL STREET PROFITS SURGE 51% AS AI BOOM FUELS RECORD PACE Wall Street profits reached $45.9 billion in the first half of 2026, up 51% YoY, according to New York State Comptroller Thomas DiNapoli. That already exceeds New York City’s $45.3 billion forecast for the entire year.

MARVELL CEO: WE SEE AN APPROXIMATELY $400 BILLION TOTAL ADDRESSABLE MARKET FOR MARVELL BY 2030 - INVESTOR DAY $MRVL

*WRIGHT: BUT CRUDE PRICES ARE COMING DOWN *WRIGHT: HORMUZ IS STILL A CONFLICT ZONE, HENCE CRUDE NEAR $100 *WRIGHT: THINK DIESEL PRICES PEAKED A FEW WEEKS AGO

*DIMON: THERE'S A RISK THAT INFLATION IS STICKY, RATES GO UP

WRIGHT: I THINK DIESEL PRICES PEAKED A FEW WEEKS AGO

*DIMON: GOVERNMENTS CAN'T BORROW ENDLESSLY AND SPEND ENDLESSLY

*DIMON: SHOULD BUILD DATA CENTERS WHERE THEY'RE WANTED

JP MORGAN HEAD OF PRECIOUS METAL TRADING: US TARIFFS ON SILVER, PGMS 'LESS AND LESS LIKELY'

$AAPL - UBS: APPLE APP STORE GROWTH REMAINS WEAK UBS reiterated its Neutral rating and $296 price target on Apple, despite App Store revenue growth improving to 5% YoY in September. For the September quarter, App Store revenue grew just 2% YoY, marking a second consecutive

🚨Political Trade Alert🚨 Rep. Lloyd Doggett has released a new financial disclosure. Highlights: $HD Home Depot $1k - $15k $IBM International Business Machine $1k - $15k $JNJ Johnson & Johnson $1k - $15k $PPG PPG Industries $1k - $15k

ANDURIL UNVEILS $6.6 BILLION SUBMARINE INDUSTRIAL EXPANSION Anduril says Arsenal-2 will be built at Tradepoint Atlantic in Baltimore County, creating 3,100 direct jobs and more than 11,000 indirect jobs. Anduril and the U.S. Navy will invest $6.6 billion to expand America’s

IEA TO SET DETAILS OF G7’S 100 MILLION-BARREL RELEASE The IEA governing board is expected to decide October 14–15 how the G7’s 100 million-barrel emergency crude and diesel release will be divided, according to people close to the matter. The G7 has not yet disclosed how much

*IRAN MINISTER SAYS TALKS WITH QATAR EMIR WERE ‘CONSTRUCTIVE’

TREASURY YIELDS ARE "SCREAMING GOOD VALUE" AFTER RECENT RUN UP, SAYS PIMCO SENIOR ADVISOR RUPERT HARRISON

U.S. TRADE DEFICIT SURGES TO $105.6 BILLION The U.S. trade deficit widened to $105.6 billion in August vs. $102 billion expected, up sharply from July’s revised $92.8 billion. Imports jumped 4.3% to $420.75 billion, outpacing a 1.4% rise in exports to $315.18 billion. The

*IRAN SAYS HORMUZ WILL NOT BE OPENED BY THREATS OR PRESSURE

$CRWD $NVDA - CROWDSTRIKE, AWS, AND NVIDIA EXPAND GLOBAL CYBERSECURITY STARTUP ACCELERATOR, DEFINING THE NEXT GENERATION OF INNOVATION FOR THE AGENTIC ERA

*ADP: US PRIVATE JOBS ROSE AVG 23,750/WK IN 4 WKS TO SEPT. 19

UBS: TODAY’S TREASURY SELLOFF IS NOT 1999 ALL OVER AGAIN The 10-year Treasury yield recently hit 5.34%, reviving comparisons with 1999, when yields approached 5.8% during the dotcom boom. UBS sees similarities between dotcom-era telecom spending and today’s AI infrastructure

*FRANCE 10Y YIELD FALLS 16BPS, SPREAD OVER GERMANY NARROWS 12BPS

FRANCE DROUGHT PUTS DRINKING WATER UNDER STRAIN FOR 1 MILLION PEOPLE France’s historic drought has left drinking-water supplies under strain for roughly 1 million people, with more than 83,000 relying on emergency measures including bottled water and tanker deliveries.

*CHINA SEEKS TALKS WITH EU TO ADDRESS CONCERNS

S&P 500 NEARS RECORDS DESPITE BROAD MARKET WEAKNESS Since the S&P 500’s last all-time closing high in mid-August, only two of its 11 sectors — tech and energy — have gained ground. Yet Nvidia, Apple and Microsoft are now so large they can pull the entire index higher on their

🇺🇸 PRESIDENT TRUMP — TUESDAY, OCTOBER 6, 2026 🔸8:00 AM — Executive Time — White House 🔸9:00 AM — In-Town Pool Call Time 🔸11:00 AM — Policy Meeting — Oval Office 🔸12:30 PM — Policy Meeting — Oval Office 🔸1:00 PM — Gold Star Families Reception with the First Lady — East Room

U.S. YIELDS RETREAT FROM 24-YEAR HIGHS Treasury yields pulled back as oil fell below $100 and Scott Bessent pledged that stronger growth and spending restraint would begin improving the U.S. debt trajectory. The 10-year yield fell to 5.27% and the 30-year to 5.63%, easing from

🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS 🔸8:15 AM ET — ADP Weekly Employment Change 🔥 8:30 AM ET — U.S. Trade Balance 🔸9:05 AM ET — NY Fed President Williams 🔸10:00 AM ET — RCM/TIPP Economic Optimism 🏦 10:45 AM ET — Fed Vice Chair Bowman 🔸11:30 AM ET — $95B 6-Week Treasury

Unverified reports from Fars note "Fire Erupts Over Saudi Arabia's Largest Oil Field"

🇺🇸 FED SPEAKERS — TUESDAY, OCTOBER 6 🔸9:05 AM ET — NY Fed’s John Williams (voter, dove) — Moderates panel 🔸10:45 AM ET — St. Louis Fed’s Alberto Musalem (non-voter, hawk) — Banking research conference 🔸10:46 AM ET — Fed Vice Chair Michelle Bowman (voter, dove) — Banking

GOOGLE $GOOGL AND CONSTELLATION $CEG NEAR A BILLION-DOLLAR NUCLEAR POWER DEAL Constellation signed a 20-year power purchase agreement with Amazon $AMZN last week adding 190MW of nuclear capacity at Calvert Cliffs.

🚨Insider Trade Alert🚨! Insider MAROONE MICHAEL E has purchased 25,000 shares in $CVNA CARVANA CO. worth $1,544,981.37 $CVNA current value: $63.72 Market: NYSE

ABBVIE $ABBV UPDATES GUIDANCE TO INCLUDE $216M IN Q3 IPR&D AND MILESTONES EXPENSE Q3 adj EPS guidance, including bought IPR&D: - $3.73-3.77 vs $3.84 est FY2026 adj EPS guidance, including bought IPR&D: - $13.76-13.96 vs $14.02 est

MCKESSON $MCK AND CD&R NEAR $5B-PLUS DEAL TO BUY OPTION CARE HEALTH $OPCH, PER FT A deal for the infusion services provider could be reached as soon as Tuesday, per FT.

TELOS $TLS AWARDED THREE-YEAR $13.5M CONTRACT BY THE 16TH AIR FORCE The contract continues support of Air Force intelligence community cyber operations, per the company.

HIGH YIELDS FORCE MUNI BORROWERS TO DELAY REFINANCINGS Roughly $6 billion of municipal bond refinancing deals are on hold or delayed as elevated yields erase potential savings for borrowers. Benchmark 30-year muni yields recently hit 5.26%, the highest since at least 2011. New

$SPCX - SPACEX PROPOSES 32-MILE GAS PIPELINE FOR STARSHIP SpaceX is seeking approval to build a 32.4-mile natural gas pipeline in Florida to supply methane for Starship launches from Cape Canaveral. The pipeline would connect with Florida Gas Transmission, replacing reliance on

AI OPTIMISM OVERRIDES RISING BOND YIELDS Tech stocks are rallying even as bond yields climb, with investors continuing to bet heavily on the long-term benefits of AI. Interactive Brokers strategist Steve Sosnick summed up the mood: “If you think the benefits of AI are

BESSENT: U.S. PRESSURE CAMPAIGN IS HITTING IRAN’S ECONOMY Treasury Secretary Scott Bessent says “Operation Economic Outcast” is delivering results, pointing to a record-low Iranian rial and claiming Iran loaded zero crude onto tankers last month. Bessent says the campaign will

WIKIPEDIA OPERATOR SAYS OPENAI'S ROGUE AGENTS POSSIBLY TIED TO DATA SERVICE DISRUPTION IN MAY

*META STAFF USING CLAUDE LOWER TO 30,000 FROM 60,000:INFORMATION

$SPCX - SPACEX SAID TO BE LOOKING TO BUILD GAS PIPELINE IN FLORIDA

YIELD ON 10-YEAR TREASURY NOTE LAST UP 6.59 BASIS POINTS AT 5.343% AFTER HITTING FRESH 24-YEAR HIGH AT 5.3493%

META AND MICROSOFT WORK TO WEAN STAFF OFF ANTHROPIC’S CLAUDE - THE INFORMATION MICROSOFT CUT INTERNAL CLAUDE SPENDING LEVEL BY OVER A THIRD - THE INFORMATION

SAUDI ARABIA, PAKISTAN, TURKEY AGREE RAPID MILITARY DEPLOYMENT Saudi Arabia, Pakistan and Turkey convened an emergency meeting of the Mecca Alliance’s defense committee, Pakistan’s Foreign Ministry says. The three countries agreed to provide military forces and capabilities for

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

RUSSIA PROBES DEATH OF WORKER AT ANTI-PLAGUE INSTITUTE Russian authorities are investigating the death of a woman employed at an infectious-disease research institute in Siberia after she developed pneumonia of unknown origin. Contacts are under medical observation and a local

IRAN'S PRESIDENT ON THE US: NEGOTIATION HAS NO MEANING WITH ' AN ENEMY THAT TERRORIZES, SANCTIONS, PRESSURES AND THREATENS ON A DAILY BASIS ' - STATE MEDIA

FRENCH CENTRAL BANK HEAD EMMANUEL MOULIN WARNS STATE AT RISK OF BEING ‘STRANGLED BY INTEREST RATES’ - FT

TRUMP: WHAT'S DRIVING UP GASOLINE IS NO LONGER STRAIT OF HORMUZ

TRUMP: REFINERY DISRUPTIONS NOW DRIVING GASOLINE PRICES Trump says the Strait of Hormuz is no longer the main factor pushing gasoline prices higher, citing increased oil flows through the waterway. He instead points to refinery disruptions, including Ukrainian attacks on

TRUMP PLANS EXECUTIVE ACTION TO LOWER DIESEL COSTS President Trump plans executive actions Monday aimed at reducing diesel prices, including a Treasury review of certain diesel taxes and measures to expand access to tax-exempt dyed diesel, according to Politico. U.S. diesel

*TRUMP TO URGE STATES TO ADDRESS FUEL COSTS: POLITICO

YIELD ON 30-YEAR U.S. TREASURY BONDS RISES TO FRESH 24-YEAR HIGH OF 5.6959; LAST UP 5.89 BASIS POINTS AT 5.689%

ASTRAZENECA $AZN INVESTS $1 BLN TO GROW MASSACHUSETTS WORKFORCE BY OVER 50%

TOTALENERGIES CEO SAYS I PREFER A WORLD OF DISRUPTION RATHER THAN A PEACEFUL WORLD BECAUSE IT CREATES MORE OPPORTUNITIES

YEMEN'S ARMED FORCES SAY THEY HAVE TAKEN CONTROL OF MOCHA

US CFTC CHAIRMAN SELIG IN WSJ: TODAY THE CFTC IS PROPOSING ITS FIRST ROUND OF REGULATIONS FOR CRYPTO MARKETS US CFTC CHAIRMAN SELIG IN WSJ: CFTC IS MOVING TO INSTITUTE RULES AND REGULATIONS THAT ACCOUNT FOR DISTINCTIONS BETWEEN CRYPTO ASSETS AND OTHER TYPES OF COMMODITIES

*TRUMP TO EASE USE OF TAX-EXEMPT VARIETY OF DIESEL

TRUMP TO UNVEIL PLAN ON RED-DYED DIESEL ON MONDAY: OFFICIALS

*IRAN SAYS ENEMY’S NEXT MISTAKE WILL BRING NEW FRONTS, SURPRISES

HOUTHI MILITARY LEADERS VOW TO INTENSIFY STRIKES Houthi Defense Minister Mohammed Nasser al-Atifi and Chief of Staff Yusuf Hassan al-Madani issued a statement commemorating slain military commander Muhammad Abdulkarim al-Ghamari. They pledged to continue expanding military

NATURAL GAS FUNDS FLIP SHARPLY NET SHORT Managed money more than doubled its net short position in Henry Hub, with a 67,217-contract bearish swing driven by the steepest long liquidation since 2008. Funds cut longs by 46,038 contracts while adding 21,179 shorts. The

$SPCX - SPACEX SHARES HIT HIGHEST SINCE EARLY JULY, LAST UP 5.1%

*IRAQ SEEKS MORE OIL TANKERS IN EFFORT TO CONTROL HORMUZ TRANSIT

*IRAN INTERIOR MINISTER HEADS TO DOHA FOR TALKS: ISNA

TRUMP TEAM HELD SECRET CAMP DAVID TALKS ON IRAN, YEMEN Trump’s top national security officials met for hours at Camp David on Friday to discuss next steps in the Iran war and Saudi-Houthi conflict in Yemen, Axios reports, citing three U.S. officials. The meeting was not

JD VANCE, SOME CABINET MEMBERS MET FRIDAY ABOUT IRAN: AXIOS

YIELD ON 10-YEAR TREASURY NOTE HOLDS GAINS AFTER DATA; LAST UP 1.92 BASIS POINTS AT 5.296%

STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FELL BY ABOUT 767,000 BARRELS TO 283 MLN BARRELS LAST WEEK, LOWEST SINCE 1982

US SEP ISM SERVICES PMI 54.9 (55.4 AUG) US SEP ISM SERVICES EMPLOYMENT 50.1 (47.8 AUG) US SEP ISM SERVICES PRODUCTION 56.5 (61.7 AUG) US SEP ISM SERVICES NEW ORDERS 59.8 (60.9 AUG) US SEP ISM SERVICES PRICES PAID 74.0 (72.6 AUG)

US SEP ISM SERVICES PMI 54.9 (55.4 AUG)

US SEP FINAL COMPOSITE PMI 58.4 (58.4 FLASH, 56.0 AUG) US SEP FINAL SERVICES PMI 58.8 (58.7 FLASH, 56.5 AUG)

Tasnim now reporting "Yemeni sources report an attack on an oil refinery in Jeddah.

$TSLA - UBS STAYS NEUTRAL ON TESLA DESPITE DELIVERY BEAT UBS reiterates Neutral on Tesla with a $385 price target after deliveries beat consensus by roughly 5%, continuing the rebound in vehicle volumes. However, energy deployments missed expectations, which UBS says could

TREASURY WITHDRAWS TWO CONTROVERSIAL CRYPTO SURVEILLANCE PROPOSALS The U.S. Treasury has withdrawn two long-pending FinCEN proposals targeting unhosted crypto wallets and cryptocurrency mixing. The wallet proposal would have imposed reporting and recordkeeping requirements on

ISM SERVICES SEEN EASING SLIGHTLY AS PRICE PRESSURES RISE September ISM Services PMI is expected at 55.0, down slightly from 55.4 in August. Employment is seen improving to 48.8 from 47.8, while New Orders are expected to ease to 60.3 from 60.9. The bigger focus is inflation:

🚨Political Trade Alert🚨 Rep. Nancy Pelosi has released a new financial disclosure. Highlights: REOF XXX LLC, $500k - $1M

BERLIN, PARIS FLOAT TRADE TOOL TO CUT CHINA ACCESS TO EU MARKET

*ROLLINS: TRUMP LIKELY TO TAKE ACTION ON FARMERS LATER TODAY *ROLLINS: MORE TO DO ON COST OF DIESEL, URGES STATES TO ACT

YIELD ON 30-YEAR U.S. TREASURY BONDS UP 2.64 BASIS POINTS AT 5.656% U.S. TREASURY YIELDS RISE; YIELD ON 10-YEAR TREASURY NOTE LAST UP 2.34 BASIS POINTS AT 5.3%

HOUTHI-RUN BODY ISSUES WARNING FOR AIRLINES FLYING IN SAUDI AIRSPACE - HOUTHI AFFILIATED MEDIA

BRAZILIAN REAL STRENGTHENS OVER 4% VS US DOLLAR AFTER BOLSONARO BEATS EXPECTATIONS IN PRESIDENTIAL VOTE

$MSTR - STRATEGY BUYS MORE BITCOIN, HOLDINGS REACH 848,000 BTC Strategy acquired 334 BTC for $28.7 million at an average price of $85,839, bringing total holdings to 848,000 BTC worth $63.97 billion at cost. The company also sold 92,894 MSTR shares, raising $15.7 million used

YEMEN GOVERNMENT FORCES CLAIM CONTROL OF BAB EL-MANDEB Yemeni government forces say they have seized the Bab el-Mandeb area and Dhubab airport as part of the newly launched “Yemen Dawn” offensive. Reuters reports government forces have captured key positions and large parts of

TECH BILLIONAIRES ADD RECORD $845 BILLION IN 2026 The world’s roughly 100 tech billionaires added a record $845 billion through September, driven by the AI boom and surging U.S. technology stocks. Their combined wealth reached $4.6 trillion, while billionaires outside tech lost

BUNDESBANK CHIEF WARNS GERMANY OVER LOW GAS STORAGE Bundesbank President Joachim Nagel criticized Germany’s slow pace of rebuilding natural gas inventories, warning it could add to inflation risks this winter. German storage sites are only around 59% full, the lowest seasonal

$SPCX - MORGAN STANLEY: SPACEX “CHEAP AND GETTING CHEAPER” Morgan Stanley reiterates Overweight on SpaceX with a $300 price target, arguing the stock looks cheap once its growth profile is considered. Analyst Adam Jonas says SpaceX trades roughly 40% below mega-cap AI peers on

CITI ADDS FOUR STOCKS TO 90-DAY UPSIDE CATALYST WATCH Citi has added four healthcare stocks to its 90-Day Upside Catalyst Watch List: • Sight Sciences ( $SGHT) • Zimmer Biomet ( $ZBH) • Edwards Lifesciences ( $EW) • Boston Scientific ( $BSX) The additions signal Citi sees

FIFTEEN-YEAR-OLD STUDENT HAS HAND BLOWN OFF DURING FRENCH SCHOOL PROTESTS, LOCAL OFFICIAL SAYS

IRGC THREATENS TANKER IN STRAIT OF HORMUZ UKMTO says a tanker transiting the Strait of Hormuz was hailed by Iran’s IRGC and instructed to turn back or risk being targeted. The tanker complied with the order. The incident was reported 11 nautical miles north of Khasab, Oman,

🇺🇸 PRESIDENT’S CALENDAR — MONDAY, OCTOBER 5, 2026 🔸8:00 AM ET — Executive Time — White House 🔸9:00 AM ET — In-Town Pool Call Time 🔸10:00 AM ET — Policy Meeting — Oval Office 🔸12:30 PM ET — Policy Meeting — Oval Office 🔸1:30 PM ET — Policy Meeting — Oval Office 🔸1:55 PM ET

🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS 🔸9:20 AM ET — 🇺🇸 NY Fed Bill Purchases, 4–12 months 🔸9:45 AM ET — 🇺🇸 S&P Global Services PMI — Final 🔸9:45 AM ET — 🇺🇸 S&P Global Composite PMI — Final 🔥 10:00 AM ET — ISM SERVICES PMI Consensus: 55.7 | Previous: 55.4 Key components to

TRUMP ON DIESEL: EXPORT BAN WAS NEVER REALLY ON THE TABLE

TRUMP ON DIESEL: WE HAVE A VERY GOOD RELATIONSHIP WITH EUROPE

TRUMP ON DIESEL: WE'RE NOT GOING TO BE DOING THE EXPORT BAN

FAA DETERMINES 737 MAX SOFTWARE GLITCH DOESN'T POSE A SAFETY ISSUE, PER WSJ Boeing $BA builds the 737 MAX.

META PARTS WAYS WITH VIRTUE AI - SEMAFOR

SPOT GOLD FALLS NEARLY 1% TO $4,137.85/OZ

$NKE - NIKE SHARES FALL TO LOWEST SINCE SEPTEMBER 2013, LAST DOWN NEARLY 6%

NASDAQ COMPOSITE INDEX HITS ALL-TIME HIGH, LAST UP 1.6%

TRUMP: EUROPE HAS JUST AGREED TO RELEASE A MASSIVE AMOUNT OF THEIR HEAVILY STOCKED DIESEL OIL TRUMP: PROCESS WILL BEGIN IMMEDIATELY.

TIMIRAOS: WEAK JOBS REPORT CLEARS PATH FOR FED PAUSE The September jobs report gives the Fed more room to hold rates steady in October, with hiring slowing and unemployment edging up to 4.2%. With little evidence of labor-market inflation pressure, attention now shifts to

*MACRON: G7 DECIDED TO RELEASE DIESEL AND CRUDE STOCKS *MACRON: DIESEL, CRUDE STOCKS TO BE RELEASED OVER 4 MONTHS

TRUMP EXPECTED TO NAME JAY CLAYTON AS AI CZAR - CNN

*HASSETT: THIS JOBS REPORT WAS ABOUT EXPECTED

*NVIDIA SHARES RISE 2.5% TO HIT FIRST RECORD HIGH SINCE MAY

*HASSETT: WE WANT MORTGAGE RATES TO GO DOWN

*HASSETT: NAVY HAS OPENED HORMUZ, CRUDE COMING THROUGH

WHITE HOUSE PREPARES ACTION ON RECORD U.S. DIESEL PRICES Washington is pressuring Europe to release emergency fuel reserves as the White House prepares an executive order aimed at tackling record-high U.S. diesel prices. The order could be unveiled as early as next week,

*HASSETT ON DIESEL: WE HAVE BEEN TALKING WITH EUROPE *HASSETT ON DIESEL: EUROPE RELEASE WOULD HAVE MASSIVE IMPACT *HASSETT ON DIESEL: HOPEFUL TO HAVE NEWS ON THAT SOMETIME SOON

*EU AMBASSADORS TO MEET THIS AFTERNOON TO DISCUSS DIESEL MARKET

🚨Political Trade Alert🚨 Rep. David Taylor has released a new financial disclosure. Highlights: $AMGN Amgen $1k - $15k $HD Home Depot $2k - $15k Sold: $MPC Marathon Petroleum $2k - $30k

🚨Political Trade Alert🚨 Rep. Cleo Fields has released a new financial disclosure. Highlights: $MSFT Microsoft $2k - $30k $GOOG Google $1k - $15k $AAPL Apple $1k - $15k $NFLX Netflix $1k - $15k

$TSLA - *TESLA 3Q DELIVERIES 486,532, EST. 463,761 *TESLA 3Q OTHER MODELS DELIVERIES 7,004, EST. 9,759 *TESLA 3Q MODEL 3/Y PRODUCTION 457,387, EST. 481,279 *TESLA 3Q OTHER MODELS PRODUCTION 7,004, EST. 5,944 (2 EST.)

*TRUMP, MACRON SPOKE LAST NIGHT TO DISCUSS ENERGY SITUATION: NBC

TRUMP: SOUTH KOREA DEAL EXPANDS WITH $8.4 BILLION ENERGY PROJECT President Trump says the South Korea agreement now includes $8.4 billion for an enhanced oil recovery project. Trump says the investment will increase U.S. oil and gas production, strengthening domestic energy

CBOE VOLATILITY INDEX HITS ONE-WEEK LOW, LAST DOWN 0.79 POINTS AT 15.60

U.S. S&P 500 E-MINI FUTURES UP 0.9%, NASDAQ 100 FUTURES UP 1.2%, DOW FUTURES UP 0.9%

US SEPT. TWO-MONTH PAYROLL NET REVISION SUBTRACTS 60,000

U.S. PAYROLLS BADLY MISS EXPECTATIONS U.S. nonfarm payrolls rose just 29,000 in September vs. 84,000 expected, while the unemployment rate increased to 4.2% vs. 4.1% forecast. Private payrolls gained only 46,000, while government employment fell 17,000. Wage growth also cooled

US LABOR SEP NONFARM PAYROLLS +29K; CONSENSUS +84K

FRENCH 2-YEAR GOVERNMENT BOND YIELD EXTENDS RISE, LAST UP 13.8 BPS AT 3.8337%

PAKISTAN FOREIGN MINISTER: THERE SHOULDN’T BE ANY FEE OR CHARGES TO CROSS HORMUZ

IRGC REITERATES HARDLINE WARNING TO U.S. AND ISRAEL Iran’s Islamic Revolutionary Guard Corps says it remains prepared to respond “decisively, immediately, painfully and lethally” to any threat, aggression or potential miscalculation by the U.S. and its regional allies. The IRGC

GOLDMAN: U.S. DIESEL BAN COULD HIT LATIN AMERICA HARDEST Goldman Sachs estimates a sudden cutoff of U.S. diesel exports could reduce Latin American GDP by around 1%, although inventories and alternative suppliers would soften the impact. In the U.S., diesel prices could

*IRAN IRGC SAYS RESPONSE WOULD BE MORE LETHAL THAN PREVIOUS ONE *IRAN'S IRGC SAYS READY FOR RESPONSE TO ANY THREAT, ATTACK

FRENCH 10-YEAR GOVERNMENT BONDS HIT 4.989%, HIGHEST SINCE 2002: LSEG

📉 PRICE TARGET CUTS • $NKE: PT cut to $60 from $75 by Jefferies • $NKE: PT cut to $36 from $40 by Stifel • $NKE: PT cut to $24 from $30 by BofA Securities • $NKE: PT cut to $50 from $55 by BTIG • $NKE: PT cut to $30 from $38 by Goldman Sachs • $NKE: PT cut to $29 from $42

FRANCE'S MACRON TO CHAIR A VIDEOCONFERENCE OF G7 LEADERS TODAY AT 2:30 P.M. FOCUSED ON THE GLOBAL ENERGY SITUATION - ELYSEE

$NVDA - MORGAN STANLEY MAKES NVIDIA ITS TOP SEMICONDUCTOR PICK Morgan Stanley reinstated Nvidia as its top semiconductor pick, citing strong positioning and an attractive valuation. Nvidia trades at roughly 15x Morgan Stanley’s FY2028 earnings estimate, while earnings

*SAUDI HAS ABOUT 4.5M B/D PIPELINE FLOW AVAILABLE FOR EXPORT

*SAUDI ARABIA PUMPING CLOSE TO 6M B/D OIL ON EAST-WEST PIPELINE

OPEC+ OIL PRODUCTION CAPACITY ASSESSMENT EXERCISE IS DELAYED BECAUSE NOT ALL COUNTRIES HAVE SUBMITTED DATA, SOURCES SAY OPEC+ OIL CAPACITY ASSESSMENT EXERCISE IS EXPECTED TO BE COMPLETED BY MID-NOVEMBER, SOURCE SAYS

FRENCH BOND ROUT APPROACHES EURO DEBT-CRISIS LEVELS France’s 10-year yield spread over Germany widened to 152 basis points, reaching levels not seen since 2011 as fiscal and political concerns intensify. Candriam CIO Nicolas Forest says French debt is now trading near European

EU “FULLY REJECTS” POTENTIAL U.S. DIESEL EXPORT BAN The European Union says it “fully rejects” any potential U.S. ban on diesel exports, warning such a move would undermine trust in Washington as a reliable partner. At the same time, Brussels says it is prepared to participate

FRENCH-GERMAN BOND SPREAD WIDENS TO 150 BASIS POINTS France’s 10-year yield premium over Germany has widened to 1.5 percentage points, after already reaching its highest level since 2012. RBC BlueBay’s Mike Bell says the spread could reach 200 basis points in the coming months,

*GERMANY SAYS WATCHING DIESEL SUPPLY SITUATION CLOSELY

FRANCE FLOATS 100 MILLION-BARREL ENERGY RESERVE RELEASE France has proposed that EU countries release 50 million barrels of crude and 50 million barrels of diesel as Europe responds to U.S. pressure to boost fuel supplies. The proposal remains under technical review, while

FRENCH-GERMAN 10-YEAR GOVERNMENT BOND-YIELD SPREAD HITS 151.95, WIDEST SINCE NOV. 2011: LSEG DATA

🚨Insider Trade Alert🚨! Insider RUSCKOWSKI STEPHEN H has purchased 25,000 shares in $ORCL ORACLE CORP worth $3,483,800.00 $ORCL current value: $138.07 Market: NYSE

TRUMP: MAY ASK EUROPEAN COUNTRIES TO RELEASE DIESEL STOCKS

TRUMP: PRICES ARE “COMING DOWN RAPIDLY” President Trump says prices are “way down” from levels under the Biden administration and claims they are continuing to fall rapidly. Trump blamed Democrats for elevated prices and said Republicans are “fixing it.” The remarks are

*WRIGHT: WE'LL SEE LOWER GASOLINE, DIESEL PRICES COME ELECTION

IRAN OFFERS NUCLEAR INSPECTOR ACCESS FOR SANCTIONS RELIEF Iran has privately signaled it could restore nuclear inspectors’ access to bombed facilities in exchange for sanctions relief, Bloomberg reports. Foreign Minister Abbas Araghchi raised the proposal during UN meetings

IRAN OFFERS TO ALLOW NUCLEAR INSPECTORS IF SANCTIONS ARE EASED

US ENERGY SECRETARY CHRIS WRIGHT:ABSOLUTELY WE WILL ASK EUROPE TO RELEASE STRATEGIC DIESEL RESERVES - FOX NEWS

GOP WEIGHS DEBT-LIMIT HIKE BEFORE NEW CONGRESS Republican lawmakers are considering raising the U.S. debt ceiling during the post-election lame-duck session, potentially using budget reconciliation to avoid needing Democratic votes. House Budget Chair Jodey Arrington has

OIL FUTURES EXTEND GAINS , BRENT LAST UP 4.6%, WTI UP 2.8% AFTER CHINA SUSPENDS OIL EXPORTS

*TRUMP EXPECTS TO RESUME IRAN BOMBING BY END OF NOVEMBER: WSJ

*US SENDING THIRD AIRCRAFT CARRIER TO MIDDLE EAST: WSJ *US SENDING UP TO 10,000 MORE TROOPS TO MIDDLE EAST : WSJ

U.S. SENDS THIRD AIRCRAFT CARRIER TOWARD MIDDLE EAST The Pentagon is deploying another aircraft-carrier strike group and additional Marine ships to the Middle East, adding roughly 9,000–10,000 troops, according to the WSJ. The forces are expected to arrive by late November, as

FED’S KASHKARI OPEN-MINDED ON OCTOBER RATE HIKE Fed’s Neel Kashkari says he has “no strong view” on an October hike and remains open-minded on the pace of tightening. His September projections called for one more hike in 2026 and another in 2027. Kashkari said the economy has

FED LEADERS SIGNAL NO URGENCY FOR OCTOBER RATE HIKE Fed Vice Chair Philip Jefferson says officials “may take more time” before deciding on another rate increase, echoing NY Fed President John Williams. Their aligned message suggests Fed leadership favors a patient approach

*JEFFERSON SAYS FED MAY NEED ‘MORE TIME’ TO DECIDE ON NEXT MOVE *JEFFERSON: INFLATION RISKS ARE TILTED TO THE UPSIDE *JEFFERSON: NOT SEEING INFLATION SPILLOVERS FROM TARIFFS, ENERGY *JEFFERSON: EXPECT NEAR-TERM GROWTH TO REMAIN AT FIRST-HALF PACE *JEFFERSON: FED CAN’T

TWO-YEAR U.S. TREASURY YIELDS BRIEFLY HIT LOWEST LEVEL SINCE SEPTEMBER 22, LAST DOWN 12.68 BASIS POINTS AT 4.76%

FED'S JEFFERSON SAYS US CENTRAL BANK 'MAY TAKE MORE TIME' TO DECIDE NEXT RATE MOVE

FED'S JEFFERSON HINTS AT HOLDING RATES IN OCTOBER

FED’S JEFFERSON SIGNALS PATIENCE ON NEXT RATE MOVE Fed Vice Chair Jefferson says the Fed “may take more time” before its next rate decision, with future moves driven by incoming data. He said inflation remains above target with upside risks, while the economy and labor market

*ANTHROPIC SAID TO TARGET MEGA-IPO BEFORE THANKSGIVING HOLIDAY

EURO EXTENDS LOSES AGAINST US DOLLAR, LAST DOWN 1% AT $1.12165

CALIFORNIA ATTORNEY GENERAL: SERVES INVESTIGATIVE SUBPOENA ON OPENAI OVER CYBERSECURITY INCIDENTS - WEBSITE CALIFORNIA AG: “MY OFFICE IS ASKING OPENAI ADDITIONAL QUESTIONS REGARDING CYBERSECURITY INCIDENTS AND RISKS INVOLVING THE COMPANY AND ITS AI MODELS”

PUTIN: SOME EUROPEAN COUNTRIES, INCLUDING GERMANY, SEIZE RUSSIAN ASSETS PUTIN: WE ARE RESPONDING IN KIND

HOUTHI-RUN SABA NEWS AGENCY, CITING MILITARY SOURCE, DENIES GROUP ATTACKED POWER STATION IN SAUDI ARABIA'S MEDINA

*PUTIN: RUSSIA READY TO RESUME DIALOG WITH US ON ARMS CONTROL

*PUTIN SAYS HE OPEN TO TRILATERAL TALKS WITH US, CHINA

*TRUMP ON IRAN: NOW I HAVE TO MAKE A DECISION *TRUMP: EITHER IRAN SIGNS DEAL, OR IT WON'T EXIST ANY LONGER

TRUMP: INTEREST RATES CAN SLOW DOWN GROWTH. WE WANT GROWTH — AND GROWTH DOES NOT CAUSE INFLATION

BOFA STOCK SENTIMENT NEARS “SELL” SIGNAL Bank of America’s Sell Side Indicator rose to 57.2% in September, its highest since March 2022 and just 0.3 percentage points below BofA’s “sell” threshold. The contrarian indicator tracks Wall Street strategists’ recommended equity

US ISSUES NEW IRAN-RELATED SANCTIONS -US TREASURY WEBSITE US TARGETS IRAN'S RAIL AND AUTOMOBILE CONGLOMERATES IN LATEST SANCTIONS THAT AIM TO ISOLATE TEHRAN ECONOMICALLY, TREASURY DEPARTMENT SAYS

PUTIN: RUSSIA'S PROPOSALS TO DELIVER ENRICHED URANIUM FROM IRAN TO RUSSIA ARE STILL VALID

PUTIN: SAYS "NO" TO PROPOSALS TO HALT STRIKES IN BLACK SEA

PUTIN: RUSSIAN DIESEL WILL NOT GET TO GLOBAL MARKETS AS THERE ARE SANCTIONS AGAINST RUSSIAN OIL

OPENAI PARTS WAYS WITH THREE SAFETY RESEARCHERS OpenAI has parted ways with three safety researchers for allegedly sharing confidential company information with a third-party AI-safety organization, according to the WSJ. OpenAI said an internal investigation found the

OPENAI PARTS WAYS WITH THREE RESEARCHERS FOR ALLEGEDLY SHARING CONFIDENTIAL INFORMATION WITH THIRD-PARTY AI-SAFETY ORGANIZATION, SOURCES SAY

VENEZUELA OIL EXPORTS FALL, U.S. SHIPMENTS RISE Venezuela’s oil exports fell to 1.08 million bpd in September, while shipments to the U.S. increased to 629,000 bpd. Exports to India fell to 253,000 bpd and Europe to 86,000 bpd. Chevron’s Venezuelan crude exports were nearly

EU TRADE CHIEF SEFCOVIC SAYS HE DISCUSSED HIGH DIESEL PRICES WITH USTR GREER, EXPRESSED EUROPE'S DESIRE FOR COORDINATED APPROACH

PUTIN: WESTERN INTELLIGENCE ASSISTANCE TO UKRAINE TO STRIKE DEEP INTO RUSSIA REPRESENTS A THREAT FOR THE FUTURE

🚨Insider Trade Alert🚨! Insider BERKSHIRE HATHAWAY INC has purchased 660,410 shares in $LEN LENNAR CORP /NEW/ worth $53,882,588.06 $LEN current value: $81.59 Market: NYSE

$AAPL - MORGAN STANLEY SEES APPLE ENTERING MAJOR PRODUCT CYCLE Morgan Stanley cut its Apple price target to $355 from $360, while maintaining an Overweight rating. The bank says Apple’s next 2+ years of innovation under new CEO John Ternus could be among its most consequential

$AVGO - BROADCOM TO LEND UP TO $42 BILLION TO ANTHROPIC FOR INFRASTRUCTURE LEASE AGREEMENTS, ACCORDING TO IPO PROSPECTUS