• Market recap: Chip stocks rallied on the back of Anthropic's IPO filing, sending all 3 main indices higher yesterday. Micron (MU) in particular rose 3%. Source: CNBC.
• Anthropic files for landmark Nasdaq IPO: Anthropic filed for a Nasdaq listing under the symbol ANT (ANT), with pricing and share count pending. H1 revenue surged 1,304% to $16.29B, while net losses reached $80.7B. Its latest private valuation was $965B. Source: StockAnalysis.com.
• SpaceX secures $40B for AI chips: SpaceX (SPCX) closed $40B in debt financing to purchase Nvidia (NVDA) GPUs arriving in early 2027, backed by Starlink revenue. Nvidia gained 2.4%. Source: StockAnalysis.com.
• Brazil-linked stocks plunge: U.S.-listed Brazilian stocks plunged on the back of left-wing President Lula da Silva's surprise election victory, suggesting an unfavorable regulatory environment. Nu Holdings (NU) fell 17%, XP (XP) 48%, Itaú Unibanco (ITUB) 20%, and Petrobras (PBR) 14%. Source: StockAnalysis.com.
• DoorDash explores $17B Instacart acquisition: DoorDash (DASH) is in advanced talks to acquire Instacart (CART) in a deal potentially worth $17B. Instacart rose 8% on the report, while DoorDash fell 6%. Source: WSJ.
• GM jumps ship for Nasdaq: GM (GM) plans to transfer its listing from the NYSE to Nasdaq on Nov. 17, retaining its ticker symbol. The move aligns with its AI and autonomous driving strategy and makes GM eligible for potential Nasdaq-100 inclusion. Shares rose 3% premarket. Source: CNBC.
• Nvidia invests $3B in Meta: Nvidia (NVDA) announced a $3B investment in Meta (META), deepening the firms' AI partnership following Meta's plans to raise $95B for infrastructure expansion. Source: CNBC.
• Microsoft dangles buyouts to 60K workers: Microsoft (MSFT) is offering voluntary exits to up to 60K employees — a whopping 27% of its workforce — to reduce staffing costs. Shares rose 1.5%. Source: The Verge.
• Wonder eyes IPO amid aggressive expansion: Marc Lore's food startup Wonder, valued at $9B, plans to open over 100 Texas locations by 2027 and launch AI-powered virtual restaurants. Despite raising $3.3B, the company remains unprofitable as it prepares for a potential 2027 IPO. Source: CNBC.

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• JetBlue: JetBlue's (JBLU) Q3 net loss widened to $257M as fuel costs surged 61%. Adjusted losses of $0.60 per share missed estimates, while revenue reached $2.81B. Shares jumped 10% premarket despite mounting debt and restructuring concerns. Source: CNBC.
• SoFi: SoFi (SOFI) reported Q3 revenue growth of 44% to $1.39B and EPS of $0.18, beating estimates. It added a record 1.2M members and raised its 2026 revenue forecast to $5.04B, with shares up 8% premarket. Source: WSJ.
• Coca-Cola: Coke (KO) reported Q3 revenue of $13.4B, up 7%, and adjusted EPS of $0.91, both beating estimates. It raised its 2026 EPS growth forecast to at least 11%, despite flat North American sales volumes. Shares fell 1% premarket. Source: CNBC.
• PayPal: PayPal (PYPL) fell 1% premarket after Q3 revenue rose to $8.58B but missed forecasts. The company raised its 2026 adjusted EPS forecast to $5.60, up from $5.38, after adjusted EPS of $1.45 beat estimates and payment volume grew 6% to $487B. Source: WSJ.
• Whirlpool: Whirlpool (WHR) expects a 2026 loss of $1.30 per share, reversing its initial $7 earnings forecast. Q3 revenue fell to $3.7B, missing estimates, while higher material and fuel costs squeezed margins. Shares dropped 7% premarket. Source: WSJ.
• Boeing: Boeing (BA) reported a Q3 net loss of $116M, down from $5.34B YoY, as revenue rose 4% to $24.19B. Defense sales jumped 15%, but adjusted losses of $0.34 per share missed estimates. Shares rose 1% premarket. Source: CNBC.

• FTC sues DG over alleged overcharging: The FTC and 20 states sued Dollar General (DG), alleging that thousands of stores charged customers more than advertised prices. The overcharges totaled millions of dollars. Shares fell 3%. Source: CNBC.
• Lilly wins weight-loss ad ruling: A judge rejected Novo Nordisk's (NVO) bid to block Eli Lilly's (LLY) ads, finding insufficient evidence of harm to sales or reputation. Novo Nordisk fell 1.2% premarket. Source: Reuters.
• DraftKings faces growing scrutiny over AI targeting: DraftKings (DKNG) faces regulatory inquiries in several states and congressional scrutiny over allegations that AI was used to target losing gamblers with promotions. Shares are down 38% YTD. Source: NY Times.
• Alibaba scores legal win against DoD: A judge blocked rules preventing Pentagon contractors from sharing lobbyists with Alibaba (BABA), easing pressure from its military blacklist designation. Still, shares slumped 1% premarket. Source: Reuters.

• Gas prices surpass Biden-era average: Average gas prices under Trump's second term now exceed Biden-era levels. Prices have remained above $4 per gallon for a record 179 days this year. Sources: Reuters / CNN.
• Chinese industrial profits surge: China's industrial profits rose 14.4% in September, their fastest growth since June, in an uptick driven by AI-related manufacturing and higher commodity prices. Source: CNBC.

• Ukraine and Russia begin limited truce: A ceasefire is underway in the Russian-occupied city of Oleshky to allow civilian evacuations and aid deliveries. Around 6K residents remain trapped amid severe food shortages. The White House credits Melania Trump with securing the agreement. Source: BBC.
• Bulgaria heads to runoff: Bulgaria's incumbent president, pro-Russian figure Iliana Yotova, scored 35% of the vote against pro-Western challenger Andrey Gyurov's 32%. The election saw record-low turnout and will be decided in a runoff on Sunday. Source: AP.
• Court rejects Trump's CA ballot challenge: A federal appeals court rejected the DOJ's emergency bid to set aside 20K California mail ballots from people the Trump admin. claims are noncitizens. The case returns to a lower court. Source: WSJ.
• Comey legal brawl continues: The DOJ charged former FBI Director James Comey with disclosing national defense information to an unauthorized person. Meanwhile, a judge determined that the DOJ violated the due-process rights of prosecutor Maurene Comey — James Comey's daughter — when it canned her in July 2025. Sources: CNBC / NPR.

• 8:00 AM: Building Permits MoM Final
• 8:15 AM: ADP Employment Change Weekly
• 8:30 AM: Durable Goods Orders MoM, Durable Goods Orders Excl. Transp. MoM
• 9:00 AM: S&P/Case-Shiller Home Price YoY
• 10:00 AM: CB Consumer Confidence
• 10:00 AM: New Home Sales & New Home Sales MoM
• 4:30 PM: API Crude Oil Stock Change
• Wednesday: Fed Interest Rate Decision, Fed Press Conference
• Thursday: Core PCE Price Index MoM, GDP Growth Rate QoQ Adv, Personal Income & Spending MoM

Cadence Design Systems (CDNS) has released its quarterly earnings.

• Revenue of $1.63B (+17.58% YoY) beats by $18.91M.
• EPS of $2.11 (+9.33% YoY) beats by $0.15.
• Financials · As Reported · Metrics · Press Release

Celestica (CLS) has released its quarterly earnings.

• Revenue of $5.83B (+82.53% YoY) beats by $357.43M.
• EPS of $3.30 (+108.86% YoY) beats by $0.35.
• Financials · As Reported · Metrics · Press Release

The Coca-Cola Company (KO) has released its quarterly earnings.

• Revenue of $13.38B (+7.43% YoY) beats by $453.66M.
• EPS of $0.91 (+10.98% YoY) beats by $0.03.
• Financials · As Reported · Metrics · Press Release

HSBC Holdings (HSBC) has released its quarterly earnings.

• Revenue of $18.62B (+4.68% YoY) misses by $472.28M.
• EPS of $2.10 (+16.67% YoY) misses by $0.12.
• Financials · As Reported · Metrics · Press Release

Novartis AG (NVS) has released its quarterly earnings.

• Revenue of $14.52B (+4.41% YoY) misses by $34.87M.
• EPS of $2.46 (+9.33% YoY) beats by $0.22.
• Financials · As Reported · Metrics · Press Release

Boeing (BA) has released its quarterly earnings.

• Revenue of $24.19B (+3.94% YoY) misses by $166.97M.
• EPS of -$0.34 misses by $0.14.
• Financials · As Reported · Metrics · Press Release

S&P Global (SPGI) has released its quarterly earnings.

• Revenue of $3.68B (-5.40% YoY) beats by $35.96M.
• EPS of $4.58 (-3.17% YoY) beats by $0.16.
• Financials · As Reported · Metrics · Press Release

Corning (GLW) has released its quarterly earnings.

• Revenue of $5.08B (+18.94% YoY) beats by $50.07M.
• EPS of $0.91 (+35.82% YoY) beats by $0.03.
• Financials · As Reported · Metrics · Press Release

Freeport-McMoRan (FCX) has released its quarterly earnings.

• Revenue of $7.55B (+8.23% YoY) beats by $208.71M.
• EPS of $0.88 (+76.00% YoY) beats by $0.06.
• Financials · As Reported · Metrics · Press Release

Johnson Controls International (JCI) has released its quarterly earnings.

• Revenue of $7.11B (+10.42% YoY) beats by $85.75M.
• EPS of $1.66 (+31.75% YoY) beats by $0.08.
• Financials · As Reported · Metrics · Press Release

American Tower (AMT) has released its quarterly earnings.

• Revenue of $2.79B (+2.50% YoY) beats by $23.82M.
• EPS of $2.87 (+3.24% YoY) beats by $0.09.
• Financials · As Reported · Metrics · Press Release

UPS (UPS) has released its quarterly earnings.

• Revenue of $22.90B (+7.01% YoY) beats by $628.81M.
• EPS of $1.69 (-2.87% YoY) beats by $0.06.
• Financials · As Reported · Metrics · Press Release

Ecolab (ECL) has released its quarterly earnings.

• Revenue of $4.70B (+12.73% YoY) beats by $919.17K.
• EPS of $2.18 (+5.31% YoY) in line with estimates.
• Financials · As Reported · Metrics · Press Release

The Sherwin-Williams Company (SHW) has released its quarterly earnings.

• Revenue of $6.86B (+7.90% YoY) beats by $82.53M.
• EPS of $3.63 (+1.11% YoY) misses by $0.05.
• Financials · As Reported · Metrics · Press Release

Hilton Worldwide Holdings (HLT) has released its quarterly earnings.

• Revenue of $3.33B (+6.57% YoY) misses by $48.48M.
• EPS of $2.45 (+16.11% YoY) beats by $0.09.
• Financials · As Reported · Metrics · Press Release

PACCAR (PCAR) has released its quarterly earnings.

• Revenue of $7.38B (+20.81% YoY) misses by $162.72M.
• EPS of $1.61 (+43.75% YoY) beats by $0.01.
• Financials · As Reported · Metrics · Press Release

PayPal Holdings (PYPL) has released its quarterly earnings.

• Revenue of $8.58B (+1.98% YoY) misses by $120.88M.
• EPS of $1.45 (+8.21% YoY) beats by $0.14.
• Financials · As Reported · Metrics · Press Release

Centene (CNC) has released its quarterly earnings.

• Revenue of $50.65B (+1.93% YoY) beats by $3.68B.
• EPS of $0.58 (+16.00% YoY) beats by $0.49.
• Financials · As Reported · Metrics · Press Release

CenterPoint Energy (CNP) has released its quarterly earnings.

• Revenue of $2.19B (+10.21% YoY) beats by $58.69M.
• EPS of $0.53 (+6.00% YoY) beats by $0.03.
• Financials · As Reported · Metrics · Press Release

CMS Energy (CMS) has released its quarterly earnings.

• Revenue of $2.18B (+8.02% YoY) beats by $4.31M.
• EPS of $1.44 (+54.84% YoY) beats by $0.10.
• Financials · As Reported · Metrics · Press Release

Waste Management (WM) will report today after close.

• Analysts estimate revenue of $6.81B (+5.72% YoY).
• EPS is estimated to be $2.18 (+10.10% YoY).
• Financials · As Reported · Metrics

Microsoft (MSFT) will report tomorrow after market close.

• Analysts estimate revenue of $90.72B (+16.79% YoY).
• EPS is estimated to be $4.72 (+14.29% YoY).
• Financials · As Reported · Metrics

Alphabet (GOOGL) will report tomorrow after market close.

• Analysts estimate revenue of $124.59B (+21.74% YoY).
• EPS is estimated to be $2.99 (+4.18% YoY).
• Financials · As Reported · Metrics

Murphy USA (MUSA) will report tomorrow after market close.

• Analysts estimate revenue of $6.18B (+21.02% YoY).
• EPS is estimated to be $8.50 (+17.24% YoY).
• Financials · As Reported · Metrics

Equinix (EQIX) will report tomorrow after market close.

• Analysts estimate revenue of $2.56B (+10.69% YoY).
• EPS is estimated to be $9.28 (-5.60% YoY).
• Financials · As Reported · Metrics

Amazon (AMZN) will report Thursday.

• Analysts estimate revenue of $202.18B (+12.22% YoY).
• EPS is estimated to be $1.97 (+1.03% YoY).
• Financials · As Reported · Metrics

Eli Lilly (LLY) will report Thursday.

• Analysts estimate revenue of $22.51B (+27.92% YoY).
• EPS is estimated to be $6.41 (-8.69% YoY).
• Financials · As Reported · Metrics

ING Groep (ING) will report Thursday.

• Analysts estimate revenue of $7.00B (+1.51% YoY).
• EPS is estimated to be $0.79 (+12.86% YoY).
• Financials · As Reported · Metrics

Sanofi (SNY) will report Friday.

• Analysts estimate revenue of $15.23B (+4.76% YoY).
• EPS is estimated to be $1.63 (-4.12% YoY).
• Financials · As Reported · Metrics

General Dynamics (GD) will report Friday.

• Analysts estimate revenue of $13.72B (+6.29% YoY).
• EPS is estimated to be $4.13 (+6.44% YoY).
• Financials · As Reported · Metrics

Apple (AAPL) will report Monday.

• Analysts estimate revenue of $113.29B (+10.57% YoY).
• EPS is estimated to be $1.98 (+7.03% YoY).
• Financials · As Reported · Metrics

• Estimated Friday, Oct. 30: Aspen Neuroscience, Inc. (ASPE), a biotech firm focused on neurodegenerative diseases.
• Estimated Friday, Oct. 30: Bambusa Therapeutics, Inc. (BBTX), a pharma company focused on immunology and inflammation.
• Estimated Friday, Oct. 30: OPay Limited (OPAY), a Nigerian fintech firm with $805.83M in TTM revenue.