• Market recap: All 3 main indices fell again yesterday as the 30-year Treasury yield hit a 24-year high. Bank of America (BAC) fell 1% amidst a broader banking decline. Source: CNBC.
• Robinhood expands to weekend trading: Robinhood (HOOD) is planning to offer 24/7 trading for select U.S. stocks and ETFs, including weekends — although the change still needs to be approved by regulators. Shares gained 3% premarket. Source: Reuters.
• Carnival jumps on strong demand: Carnival (CCL) gained 13% after reporting Q3 adjusted EPS of $1.43 and revenue of $8.44B, both beating estimates. Strong bookings and operational gains offset higher fuel costs. Source: WSJ.
• Boeing scores Navy fighter deal: Boeing (BA) won a contract worth more than $20B to build the Navy’s 6th-generation fighter, beating Northrop Grumman (NOC) and making Boeing the sole supplier of Navy and Air Force next-gen fighters. BA rose 2.6% premarket, with NOC down 4%. Source: WSJ.
• Tesla secures $30B in credit: Tesla (TSLA) secured $30B in new credit facilities as it ramps up spending, though it doesn't plan to draw on the facilities this year. Shares fell 1% premarket. Source: StockAnalysis.com.
• Disney slashes jobs: Disney (DIS) is laying off about 300 employees, mainly in HR and technology, as CEO Josh D’Amaro continues companywide cost reductions. Source: CNBC.
• Alaska Air expands premium offerings: Alaska Air (ALK) is adding premium economy, lie-flat suites, and upgraded lounges as attempts to lure high-spending passengers. Shares are down 21% YTD. Source: WSJ.
• Paramount streaming chief exits: Paramount’s (PSKY) streaming head Cindy Holland left ahead of its Warner Bros. Discovery (WBD) buyout, clearing the way for HBO chairman Casey Bloys to take a leading streaming role. PSKY gained 1.5% premarket. Source: NY Times.
• Six Flags shutters famous roller coaster: Six Flags (FUN) is permanently closing its X2 roller coaster after reports of serious injuries and deaths over a 10-year period. Shares fell 6%. Source: CNN.
• Chicken chain expands to New York: El Pollo Loco (LOCO) plans to open 15 NYC-area restaurants over 5 years as it targets national expansion. Shares rose 2.4% yesterday and are up 44% YoY. Source: CNBC.

• Startup plans massive nuclear data center: Valar Atomics plans to build a Utah data-center complex with 456 small nuclear reactors producing 9.6 GW of power. The project could begin nonnuclear construction this year. Source: NPR.
• OpenAI targets $1.4T, showcases new assistant: OpenAI is seeking at least $30B in new funding, which would peg the firm at a roughly $1.4T valuation. It also revealed Dots, an AI agent designed to perform tasks for users. Sources: Bloomberg / BBC.

• PCE inflation comes in below forecasts: Core PCE inflation rose 3.0% YoY in August, below the 3.3% forecast, while headline PCE increased 3.4% vs. 3.7% expected. Both numbers declined compared to July's figures. Source: CNBC.
• Mortgage rates climb to 3-year high: U.S. 30-year mortgage rates rose to 7.30% last week, the highest level since Nov. 2023. Mortgage demand fell 6% to a 2-year low. Source: CNBC.
• Private hiring beats: Private payrolls rose by 90K in September, the strongest gain in 3 months and above the 75K forecast. Education and health services led hiring, while job-switchers saw wages rise 7.3%. Source: Bloomberg.
• Consumer confidence hits 12-year low: U.S. consumer confidence fell to 81.9 in September, its lowest since April 2014, as elevated prices and weak wage growth weighed on households. Source: AP.
• U.K. GDP revised higher: Britain's economy grew 0.5% in Q2, above the initial 0.4% estimate, making the U.K. the fastest-growing G7 nation in H1 2026. Business investment rose 5.2% YoY. Source: Reuters.
• Chinese factory activity returns to growth: China’s manufacturing PMI rose to 50.1 in September, ending 2 months of contraction. Beijing unveiled targeted stimulus as weak domestic demand persists. Source: CNBC.

• Israel-bound plane makes emergency landing: A Flydubai flight to Israel landed safely in Saudi Arabia after an alleged cockpit altercation injured both pilots. Israeli officials are assessing the incident as an attempted terror attack. Source: Reuters.
• Morocco names first female prime minister: Morocco's king appointed Fatima Ezzahra El Mansouri as prime minister after her centrist, monarchy-aligned party won recent elections. She is the second-ever female PM among all Arab countries. Source: NY Times.
• Pentagon doubles leadership cuts: Defense Secretary Hegseth plans to reduce general and admiral positions by 20%, doubling last year’s target. Hegseth asserted that the move "is not a slash-and-burn exercise." Source: Fox News.
• SCOTUS greenlights third-country deportations: The Supreme Court temporarily allowed the Trump admin. to resume swift deportations to countries where migrants have no ties. The Court will issue a final ruling next year. Source: AP.
• Hacking ringleader arrested: Dutch police arrested a 24-year-old man who allegedly steers ShinyHunters, the hacking group linked to attacks on the FBI, Ticketmaster (LYV), and Rockstar Games (TTWO). Source: The Verge.
• NYC tax fate unclear: A judge ordered NYC to re-administer its rollout of a tax on luxury second homes — a priority of Mayor Zohran Mamdani — after finding that it improperly burdened homeowners. Source: WSJ.

• 7:00 AM: MBA 30-Year Mortgage Rate
• 8:15 AM: ADP Employment Change
• 8:30 AM: Core PCE Price Index MoM
• 8:30 AM: PCE Price Index MoM & YoY
• 8:30 AM: GDP Growth Rate & Price Index QoQ Final
• 8:30 AM: Personal Income and Spending MoM
• 8:30 AM: Goods Trade Balance Adv.
• 8:30 AM: Retail Inventories Excl. Autos MoM Adv.
• 8:30 AM: Wholesale Inventories MoM Adv.
• 9:45 AM: Chicago PMI
• 10:30 AM: EIA Crude Oil & Gasoline Stocks Change
• Thursday: ISM Manufacturing PMI
• Friday: Non-Farm Payrolls, Unemployment Rate

Carnival Corporation (CCL) has released its quarterly earnings.

• Revenue of $8.44B (+3.46% YoY) beats by $43.55M.
• EPS of $1.43 beats by $0.08.
• Financials · As Reported · Metrics · Press Release

Jabil (JBL) has released its quarterly earnings.

• Revenue of $10.62B (+28.65% YoY) beats by $936.70M.
• EPS of $4.40 (+33.74% YoY) beats by $0.38.
• Financials · As Reported · Metrics · Press Release

FactSet Research Systems (FDS) has released its quarterly earnings.

• Revenue of $634.70M (+6.33% YoY) beats by $5.24M.
• EPS of $4.52 (+11.60% YoY) beats by $0.18.
• Financials · As Reported · Metrics · Press Release

Conagra Brands (CAG) has released its quarterly earnings.

• Revenue of $2.60B (-1.41% YoY) beats by $7.59M.
• EPS of $0.41 (+5.13% YoY) beats by $0.12.
• Financials · As Reported · Metrics · Press Release

Uranium Energy (UEC) has released its quarterly earnings.

• Revenue of $17.05M beats by $8.05M.
• EPS of -$0.12 misses by $0.10.
• Financials · As Reported · Metrics · Press Release

Micron Technology (MU) will report today after close.

• Analysts estimate revenue of $51.13B (+351.89% YoY).
• EPS is estimated to be $31.50 (+939.60% YoY).
• Financials · As Reported · Metrics

Accenture (ACN) will report tomorrow before market open.

• Analysts estimate revenue of $18.03B (+2.45% YoY).
• EPS is estimated to be $3.18 (+4.95% YoY).
• Financials · As Reported · Metrics

Nike (NKE) will report tomorrow after market close.

• Analysts estimate revenue of $11.35B (-3.19% YoY).
• EPS is estimated to be $0.44 (-10.20% YoY).
• Financials · As Reported · Metrics

McCormick & Company (MKC) will report tomorrow before market open.

• Analysts estimate revenue of $1.98B (+14.78% YoY).
• EPS is estimated to be $0.75 (-11.76% YoY).
• Financials · As Reported · Metrics

Acuity (AYI) will report tomorrow before market open.

• Analysts estimate revenue of $1.25B (+3.78% YoY).
• EPS is estimated to be $5.59 (+7.50% YoY).
• Financials · As Reported · Metrics

Constellation Brands (STZ) will report Tuesday.

• Analysts estimate revenue of $2.55B (+2.67% YoY).
• EPS is estimated to be $3.57 (-1.65% YoY).
• Financials · As Reported · Metrics

• Confirmed today: Accelevation Holdings Corp. (ACCV), an AI infrastructure provider with $726.64M in TTM revenue and 146.9% revenue growth YoY.
• Estimated Wednesday, Sept. 30: Siyata PTT (PTT), a maker of cellular-based communications solutions with $11.15M in TTM revenue and -4.2% revenue growth YoY.