Stock Market Today 29.10.2025

Samsung stock jumps over 5% on strong Q3 earnings; 5 key highlights

October 29, 2025, 11:58 PM EDT. Samsung Electronics stock jumped more than 5% after a robust Q3, hitting a 52-week high of 105,800 won. The rally comes as operating profit surged 32.5% YoY to 12.2 trillion won, with a 160% QoQ jump, while quarterly revenue rose 8.85% to 86 trillion won. The semiconductor division posted about 7 trillion won in operating profit amid a rebound in memory demand, as Samsung notes AI investment momentum and mass production of HBM3E chips, with HBM4 samples shipping to key clients. In smartphones, the mobile business posted 3.6 trillion won in operating profit, up ~28% YoY. The company says AI-driven demand could unlock new opportunities for devices and chips. Stock performance: up 24% in 1 month, 88% in 6 months, 77% YoY, 85% in 5 years.

Belden (BDC) Valuation Under the Microscope After Modest Share Moves

October 29, 2025, 11:56 PM EDT. Belden's stock has moved modestly, but the longer-term story remains robust. The three-year total shareholder return is 69.14% and the five-year TSR nears 289%, underscoring durable value creation despite volatility. The stock trades just below its analyst price target, raising questions about upside versus priced-in growth. A bullish narrative attributes value to IT/OT convergence for smart manufacturing and energy management, expanding addressable markets and supporting higher margins. A fair-value estimate of $142.60 suggests the stock is undervalued, but risks include input-cost inflation and intensified price competition that could compress margins. Investors may consider the upside potential from recurring revenue, product innovation, and market expansion, while watching margin drivers and capital allocation.

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

October 29, 2025, 11:12 PM EDT. Groww aims to kick off its IPO in the first week of November, with public subscription opening on November 4 and closing on November 7. The price band is ₹95-100 per share, comprising a fresh issue of ₹1,060 crore and an OFS of 55.72 crore shares by backers including Peak XV Partners, Ribbit Capital, Y Combinator, Tiger Global, and Kauffman Fellows Fund. The Bengaluru-based fintech could fetch a post-listing valuation of up to $8 billion (~₹70,400 crore). The issue is led by Kotak Mahindra Capital, JP Morgan India, Citigroup, Axis Capital, and Motilal Oswal. Groww's FY25 net profit was ₹1,824 crore on ₹3,902 crore revenue; Q1 FY26 revenue ₹904 crore, profit ₹378 crore. Regulatory headwinds on F&O trading loom, but its diversified model may cushion impact.

Arbor Realty Trust Valuation: ABR Trades at a Discount to Fair Value Amid Mixed Outlook

October 29, 2025, 10:56 PM EDT. Arbor Realty Trust (ABR) has drifted lower over the past month amid a broader market pullback, though longer-term total shareholder returns remain solid. The stock trades at a noticeable discount to analyst estimates, with a fair value around $12.00 versus the last close near $11.54, implying a modest upside if sentiment improves. A key positive: a wide cushion between earnings and dividends and a maintained dividend despite peers reducing payouts. Management's repositioning of a sizable portion of the loan book has strengthened collateral values, supporting revenue visibility. Valuation multiples show ABR trading at a 12.9x P/E, above the industry norm but below our derived fair ratio of 13.7x, suggesting limited upside unless sentiment and interest-rate outlook improve. Key risks include persistent inflation and rate uncertainty.

Stoke Therapeutics 2025 Rally: Does It Reflect True Value?

October 29, 2025, 10:54 PM EDT. Stoke Therapeutics has surged about 178.7% YTD and 151.3% over the last 12 months, despite a recent pullback. The rally follows RNA-targeted therapies progress, new partnerships, and heightened investor interest. Yet our valuation checks rate Stoke 0/6. A discounted cash flow analysis pegs intrinsic value at $10.71 per share, signaling the stock could be roughly 193% overvalued versus today's price. Biotech names often run on optimism before cash flows catch up, and Stoke's forecast shows positive Free Cash Flow only by 2029 and later, with earlier years still negative. Bottom line: investors should weigh growth expectations and risk factors against this push higher, as the price may not yet reflect fundamentals.

Halloween Effect in Japanese Markets: Buy on Halloween and Ride the Autumn Rally

October 29, 2025, 10:40 PM EDT. Japanese investors embrace the Halloween effect, betting that stocks tend to fall in autumn and rise into spring. The piece cites the proverb 株はハロウィーンに買え and explains seasonal patterns in both Japanese and US markets. It also clarifies market jargon, noting the nuance between 値上がり (spontaneous price rise) vs 値上げ (price hike) and 値下がり vs 値下げ, helping readers navigate the stock market's nuances.

NVIDIA (NVDA) Stock Surges as GTC Slide Prompts $500 Billion Sales Debate, CFO Clarifies

October 29, 2025, 10:38 PM EDT. NVIDIA (NVDA) finished up about 3% after a session marked by a volatile week. The pullback from GTC hype centers on one slide that investors treated as a forecast of $500 billion in cumulative Blackwell and Rubin sales, including networking. Analysts forecast about $61.2 billion next quarter and $279 billion for the next fiscal year, making the slide's implication potentially well above consensus. CFO clarifications explained that the $500 billion figure is cumulative, with roughly 30% already realized and that networking is included. After the clarifications, the stock pared gains but still closed up near 3%. The market will watch tonight for another potential catalyst.

OpenAI Eyes Potential $1 Trillion IPO Amid AI Boom and Restructuring

October 29, 2025, 10:24 PM EDT. OpenAI is weighing a potential IPO that could value the company at up to $1 trillion, with discussions of regulators filing as soon as the second half of 2026. Early talks target at least $60 billion in proceeds, though the final size could be higher. CFO Sarah Friar has told associates the company is aiming for a 2027 listing, though some advisers see late 2026 as possible. A public listing would broaden access to capital for large acquisitions and fund CEO Sam Altman's plan to invest trillions in AI infrastructure, following a restructuring that reduced Microsoft's direct control. The OpenAI Foundation now holds about 26% of OpenAI Group and could receive more shares on milestones. Backers include SoftBank, Thrive Capital and MGX, with Microsoft remaining a major investor at roughly 27% after a multibillion-dollar stake.

OpenAI weighs 2026-27 IPO with up to $1 trillion valuation

October 29, 2025, 10:22 PM EDT. OpenAI is reportedly laying groundwork for a public offering that could value the AI group at up to $1 trillion. Reuters sources say a filing with the SEC could come in the second half of 2026, with an initial raise of about $60 billion at the low end, though bankers expect a larger tally. Some chatter pins a 2027 listing by CFO Sarah Friar, but others warn late 2026 is possible. If it happens, it would eclipse the records set by Saudi Aramco and Alibaba. OpenAI says an IPO is not the focus and timing could shift with growth and market conditions. The company restructured recently, spinning the nonprofit into OpenAI Foundation and converting the for-profit arm into OpenAI Group PBC. OpenAI has raised roughly $57.9 billion, underscoring its appetite for fresh funding as it scales.

Nvidia becomes the first publicly traded company valued at over $5 trillion

October 29, 2025, 10:06 PM EDT. Nvidia just became the first publicly traded company to exceed a $5 trillion market value, signaling dominance in the AI hardware space. With an estimated 90% of AI chips, Nvidia is seen as the go-to player for anyone betting on AI's future. Experts cite American manufacturing momentum as Nvidia highlights chips like the Blackwell line produced in Arizona and partners ranging from 6G towers with Nokia to self-driving cars with Uber and AI supercomputers for the Energy Department. The move comes as Apple remains its closest competitor near the $4 trillion mark, while analysts forecast a potential $6 trillion by 2026. Silicon Valley remains the engine behind this surge, underscored by confident rhetoric at the recent GTC conference.

McCormick (MKC) Valuation in Focus After Year of Share Declines

October 29, 2025, 9:50 PM EDT. McCormick (MKC) shares fell about 16% over the last year, lagging the broader market despite steady revenue and net income growth. Investors remain cautious about the near-term trajectory, with a recent -6.9% 7-day move and a YTD drop signaling lingering risk. A valuation narrative argues MKC could be undervalued, with a fair value around $77.38 versus a current price in the low-to-mid $60s, driven by global expansion and partnerships in Asia-Pacific. However, another view cautions that the stock trades at roughly 22x earnings versus a 18.6x fair ratio, suggesting downside risk if growth slows. Key questions center on pricing power, input-cost pressures, and consumer demand as investors decide whether MKC is a hidden value or a late-stage rally.

Victoria's Secret VSCO Hits After ~37% Run; Valuation Sparks Debate

October 29, 2025, 9:20 PM EDT. Victoria's Secret (VSCO) shares jumped about 37% in the last month, lifting the stock's year-long gains and prompting a clearer debate on valuation. Bulls point to accelerating omnichannel growth, international expansion in China and emerging markets, and faster product cycles that could lift topline and operating leverage. Bears cite a fair value around $25.40, suggesting the market price near $36.23 may reflect optimism not yet supported by fundamentals, with potential downside from tariff exposure and thinning mall traffic. The split view is echoed by a DCF-based note arguing undervaluation, underscoring divergent assumptions about growth pace and margins. Investors face whether current levels imply growth is already priced in or if a pullback could refresh upside as margins improve and digital channels strengthen.

Asia-Pacific markets mixed as Powell signals December rate cut not a done deal

October 29, 2025, 8:54 PM EDT. Asia-Pacific shares were mixed as investors parsed Fed Chair Powell's remarks that a December rate cut is far from guaranteed. The Fed delivered a 25bp cut to 3.75%-4%, but further easing remains uncertain. In local trading, Kospi rose about 1.4% with gains in auto and shipbuilding names, while Kosdaq slipped 0.1%. Nikkei drifted near flat as Topix edged up ~0.1%, and ASX 200 opened down ~0.3%. Hang Seng was set to rise after a holiday, with futures above last close. In US trading, Dow down 0.2%, S&P 500 little changed, Nasdaq +0.6% on Nvidia strength. Traders watched Trump–Xi talks in South Korea and Seoul's new trade deal details, including a $200B U.S. investment and shipbuilding cooperation.

US Stock Market Live: Dow Futures Dip Ahead of Trump-Xi Meeting as Tech Earnings Roll In

October 29, 2025, 8:52 PM EDT. Live U.S. stock updates show Dow futures slipping early, down about 100 points, with Nasdaq futures down 80 before paring losses to turn positive as traders await the in-person meeting between President Trump and President Xi. Investors weigh hopes for a deal against skepticism over the outcome, which could last up to four hours. Tech earnings provide both relief and headwinds: Meta, Alphabet, and Microsoft beat estimates, though the internal metrics in Meta and Microsoft disappointed some analysts. Alphabet jumped after posting a roughly $100 billion revenue quarter in extended trading. Look for gains in Apple and Amazon as they report today, shaping sentiment for the broader market.

Can Nvidia Hit $10 Trillion by 2030? Assessing the AI-Chip Giant's Path

October 29, 2025, 8:50 PM EDT. Nvidia has already become the AI era's marquee stock, riding a surge that has propelled its market cap toward $5 trillion. The question remains whether it can reach $10 trillion by 2030, a jump of roughly 104% from today. Proponents point to Nvidia's dominance in GPUs powering cutting-edge AI applications, controlling a broad share of the market and a growing range of vertical offerings such as CUDA software and the DGX Spark desktop supercomputer for Tesla. Recent results show explosive growth in data center sales (up about 73% YoY in the latest quarter, with overall sales up 56%), though China sales were paused for regulatory reasons. Critics warn that competition and unforeseen events could trim the trajectory as Nvidia scales bigger, but the company remains a key driver of AI infrastructure.

Kospi hits record highs on AI optimism and corporate governance reforms

October 29, 2025, 8:48 PM EDT. South Korea's Kospi surged to multiple intraday records this month, surpassing the 4,000 level as AI-driven demand for memory chips and expectations of widened reforms lift sentiment. The rally, which has left the index up about 21% in October and more than 72% this year, is led by Samsung Electronics and SK Hynix, whose combined heft accounts for a large share of capitalization and index gains. Investors are also pricing in a global AI upcycle and a drive to close the so-called 'Korea discount' through the Value-Up Program and stronger shareholder returns. Compared with peers, the Kospi P/E remains attractive relative to the Nikkei 225 and CSI 300, reinforcing a growth-focused narrative for the market.

Nat-Gas Edges Higher Ahead of November Contract Expiration on Short-Covering

October 29, 2025, 8:28 PM EDT. November Nymex natural gas (NGX25) closed up about 0.93%, rebounding from a week-low as short-covering supported moves ahead of the November contract expiration. Prices initially fell on forecasts of warmer US temperatures, which would curb heating demand, before recovering. Forecasters see near-term warmth in the West and Midcontinent around Nov 3-7, with a broader shift warmer into mid-November. A larger-than-seasonal build in EIA inventories for the week ended Oct 24 is expected, with consensus at +74 bcf vs 5-year +67 bcf. US dry gas production remains near a record high, while LNG flows show modest gains. Last week's EIA report was bearish as inventories rose +87 bcf. Europe storage stands at 83% of capacity, compared with a 5-year average. Baker Hughes shows 121 US gas rigs, near a multi-month high.

Soybeans Hold Near Unchanged Ahead of Trump/Xi Meeting

October 29, 2025, 8:26 PM EDT. Soybeans closed near unchanged as traders brace for the Trump/Xi talks. Nearby cash beans were $10.13 1/2 per bu. Soymeal futures gained about $1; soy oil faded 9-20 points. November soybeans have averaged a $10.29 close for October, supported by the rally. With the government shutdown limiting the FAS Export Sales report, analysts expect 0.6-1.6 MMT of soybean sales for the week ending 10/23, plus 50,000-500,000 MT meal and 5,000-25,000 MT bean oil. Rabobank projects 2025/26 Brazilian soybean production at 177 MMT, with area up ~2%. Front-months: Nov 25 soybeans at $10.80 1/4; nearby cash $10.13 1/2; Jan 26 $10.94 1/2; Mar 26 $11.05 1/4.

Corn Futures Close Slightly Higher as Harvest Price Discovery Nears End

October 29, 2025, 8:24 PM EDT. Wednesday's session saw corn futures mostly steady to up 2 cents, while the CmdtyView cash price rose 3 cents to $3.95 1/2. With only 2 days left in the harvest price discovery window for crop insurance, December corn is averaging about $4.21 in October, up a nickel from last year but down 49 cents from spring highs. On the supply side, EIA showed ethanol production at 1.091 million bpd for the week ended 10/24, with ethanol stocks up 448k to 22.367 million barrels and steady refiner inputs. Traders await USDA guidance amid the shutdown. Rabobank pegs Brazilian corn at 137 MMT for 2025/26. Specific closes: Dec 25 at $4.34, Nearby Cash at $3.95 1/2, Mar 26 at $4.46 3/4, May 26 at $4.55.

Cattle Futures Rebound as Feeder and Live Cattle Advance; Fed Exchange Shows No Sales

October 29, 2025, 8:22 PM EDT. Live cattle futures finished higher on Wednesday, with most contracts up $3.90 to $5.35. Cash trade began the week softer in Nebraska, with bids around $228-$230 and early sales near $230. The Fed Cattle Exchange online auction showed no sales on 1,706 head, while a few bids remained at $230. Feeder cattle futures posted gains, with the October contract up $3.77 near expiry and other contracts higher by $8.50-$10. The CME Feeder Cattle Index fell to $356.62. Price limits revert to the normal $7.25 for live cattle and $9.25 for feeders on Thursday. The Mexican ag minister said there is no reopen date yet for cattle imports. USDA boxed beef prices were higher, with Choice boxes up and Select higher.

Hogs Slip into Wednesday's Close as Prices Drift Lower

October 29, 2025, 8:20 PM EDT. Lean hog futures finished Wednesday with modest losses, nearby contracts down about a nickel. The USDA's national base hog price for Wednesday afternoon was $85.53, down $2.50 on the day. The CME Lean Hog Index declined to $92.03 as of Oct. 27, down $0.24. The pork carcass cutout value rose to $100.24 per cwt, up $0.22, while the loin, rib and ham primals were weaker. Federally inspected hog slaughter for Wednesday came in at 492,000 head, bringing the weekly total to 1.471 million, down from last week but up year over year by 5,771 head. Sign up for Barchart's commodity analysis for more.

Wheat closes mixed as SRW leads gains; export sales in focus

October 29, 2025, 8:18 PM EDT. Wheat markets finished mixed Wednesday, with the Chicago SRW modestly higher while KC HRW posted 2-4 cent losses in front months and MPLS spring wheat was flat to 2 cents lower. Traders await Thursday's weekly Export Sales report, expected in the 150,000-400,000 MT range for the week of January 9. The European view shows FranceAgriMer pegging soft wheat stocks at 2.9 MMT, up 0.03 MMT as EU exports trim slightly. Front-month closes included CBOT Mar 25 at $5.47, up 0.75c; CBOT May 25 at $5.58 3/4, up 0.5c; KCBT Mar 25 at $5.57 1/2, down 3.25c; KCBT May 25 at $5.67 1/2, down 2.75c; MGEX Mar 25 at $5.87 1/2, down 2c; MGEX May 25 at $5.98, down 0.25c.

Cotton Rallies into Wednesday's Close as Markets Eye Trump-Xi Meeting

October 29, 2025, 8:16 PM EDT. Cotton futures rallied on Wednesday, with most contracts higher by 91-96 points. Crude oil rose 21 cents to $60.36 and the US Dollar Index ticked up to 98.955, as traders eyed a Trump-Xi meeting in South Korea. The Seam reported 3,401 bales sold at an average of 61.63 cents/lb in its online auction. The Cotlook A Index advanced 35 points to 75.95 cents. ICE-certified cotton stocks rose by 500 bales to 18,052. Nearby contracts closed higher: Dec 25 Cotton at 66.01, Mar 26 Cotton at 67.51, and May 26 Cotton at 68.71.

Curtiss-Wright Valuation in Focus After Momentum Rally

October 29, 2025, 8:00 PM EDT. Curtiss-Wright (CW) has surged 13% in the last month, continuing a momentum rally that has produced a 71% year-to-date gain and roughly a 70% total return over the past year. The run has investors debating valuation as shares sit above most analyst targets. The core question: is CW undervalued given steady earnings growth, or has the market already priced in multi-year expansion? The bullish thesis cites rising defense and nuclear demand, a strong order pipeline, and continued gains from next-gen technologies and disciplined capital allocation, including higher shareholder returns. Risks include reliance on defense contracts and a shift toward software solutions, which could alter growth trajectories. A stated fair value of $569.50 suggests the stock is overvalued at the current price of $601.63.

Thursday's Big Stock Stories: RSI, New Highs, and Tech in Focus for Tomorrow

October 29, 2025, 7:58 PM EDT. Stocks @ Night previews what could drive Thursday's session: The S&P 500 hit a new high while the RSI sits around the high 60s/70s for Nasdaq and Nasdaq 100, signaling stretched momentum. The market consensus warns that overbought readings don't guarantee direction. About half of S&P 500 stocks sit above their 50-day moving averages, per NewEdge Wealth's Rob Sechan, suggesting fragile support if sentiment shifts. Tech remains in the spotlight with Meta lagging after a tax charge and soft guidance, while Microsoft and Alphabet beat estimates but traded mixed after-hours; Alphabet's capex outlook supports AI momentum. Amazon and Apple join Thursday's reports. The piece also notes Caterpillar guiding to a higher tariff hit this year, shaping industrials exposure.

Consensys Eyes IPO With JPMorgan and Goldman Sachs as Crypto Equity Wave Grows

October 29, 2025, 7:30 PM EDT. MetaMask maker Consensys is pursuing a potential IPO, hiring JPMorgan and Goldman Sachs to advise, per Axios. The move would mark a rising wave of crypto-related listings alongside Circle and Bullish, with NYSE listings now part of the landscape. Consensys, founded by Ethereum co-founder Joseph Lubin, develops Web3 infrastructure and the popular MetaMask wallet, and last raised $450 million in 2022 at a $7 billion valuation. An IPO could come as soon as 2026, though size and valuation remain undisclosed. The prior SEC case over MetaMask's staking features was dismissed, a regulatory milestone cited as softening crypto enforcement. Axios cited unnamed sources; Decrypt is seeking comment. The IPO would add to a growing appetite for crypto equities among investors.

Fed Cuts Rates Again; Markets Weigh Policy, Earnings, and Geopolitical Signals

October 29, 2025, 7:14 PM EDT. Stock markets responded to the Federal Reserve delivering a 25 basis point rate cut for the second time this year, signaling a continued policy easing stance. Traders will assess the impact on bond yields, equities, and the path of future cuts as growth signals and inflation data flow in. In parallel, President Trump is set to meet China's Xi Jinping on the tour's final leg, while the U.S. begins reducing its military footprint along NATO's border with Ukraine. In the Middle East, Israel carried out a strike on Northern Gaza even as Kyiv and Washington stress that the ceasefire framework remains intact. The tone of the Fed move-along with geopolitical headlines-could set the tone for rate-sensitive sectors and risk sentiment into the next earnings cycle.

Stock futures dip after mixed Big Tech earnings as Trump-Xi meeting looms

October 29, 2025, 6:58 PM EDT. U.S. stock futures edged lower after a mixed batch of Big Tech earnings and the Federal Reserve's latest rate maneuver, as investors waited for President Trump's summit with Xi Jinping. Dow futures slipped about 0.2%, S&P 500 futures eased 0.1%, and Nasdaq-100 futures fell 0.3%. Alphabet surged roughly 6% on stronger results, while Meta tumbled about 8% and Microsoft slipped 4% as traders parsed updated outlooks. As earnings season continues, focus centers on the Magnificent Seven to guide moves, with Apple and Amazon set to report after the bell. Traders also watched the Trump-Xi meeting and tensions in global trade. The Fed cut rates by a quarter point, but Powell signaled uncertainty about another cut in December, leaving markets cautious ahead of Thursday's session.

Nasdaq Leads Market; Small Caps Lag as Breadth Weakens After Fed Rate Cut

October 29, 2025, 6:42 PM EDT. Trading closed with the Nasdaq leading the broader market, while small caps lagged, signaling narrow leadership. After a Fed rate cut of 25 basis points to a 3.75%-4% range, attention shifted to the next catalysts. Powell said a rate cut in December is not a foregone conclusion, tempering expectations and fueling caution. Market breadth weakened as leadership narrowed, suggesting the rally may rely on a few high-flyers rather than broad participation. Investors will balance the policy shift with earnings data as they assess whether this marks a durable shift or a pause before the next move.

Israeli Tech Founders Ring NYSE Bell Ahead of NYC Mayoral Vote, Highlighting Israeli Startup Footprint

October 29, 2025, 6:32 PM EDT. Israeli founders rang the NYSE bell today to highlight the close ties between Israeli innovation and New York's economy, just ahead of the city's mayoral vote. Dozens of Israeli-founded startups now operate in New York, with about 450 active firms cataloged by Israeli Mapped in NY. The update shows strengths across cybersecurity (roughly 80 firms), fintech (about 50), and broader tech such as digital health and AI. Organizers say the ceremony signals business continuity despite a tense political atmosphere surrounding the election. Cited figures show Israeli-founded companies have generated more than 27,000 jobs in New York and contributed an estimated $12.4 billion to the city's economy, underscoring a partnership viewed as resilient amid politics.

Stock futures slide as AI trade takes center stage after tech earnings; Fed rate decision weighs

October 29, 2025, 6:30 PM EDT. Stock futures edged lower after a batch of Big Tech results kept investors focused on the AI trade and the Fed policy decision. Dow futures fell about 30 points (0.06%), S&P futures down 0.12%, and Nasdaq-100 futures off 0.2%. Alphabet jumped roughly 6% after strong results, while Meta and Microsoft slipped about 8% and 4% as investors weighed AI spending and a one-time charge. Meta booked a $15.93 billion charge tied to the One Big Beautiful Bill Act, and Microsoft said its OpenAI investment shaved about $3.1 billion from quarterly earnings. Powell's remarks and the Fed's 25 bp cut to 3.75%-4% left traders debating a December move. Some strategists warn AI productivity could accelerate policy changes sooner than expected.

Stocks Mixed After Fed Cuts 25bp; Powell Says December Cut Not Guaranteed

October 29, 2025, 6:28 PM EDT. Stocks closed mixed after a midweek Fed decision, with the S&P 500 steady, the Dow modestly lower, and the Nasdaq 100 higher as investors weighed if more rate cuts are coming. The Fed trimmed the federal funds rate by 25 basis points and signaled it will end quantitative tightening in December, but Powell cautioned that a further cut in December is not a foregone conclusion. Bond yields jumped and ESZ25 edged lower while NQZ25 rose, reflecting a cautious tone. Markets were pricing in roughly a 67% chance of another 25bp cut at the December meeting, though the path remains uncertain. Strength in semiconductors helped the rally in tech, with Nvidia contributing after news on access to its AI processor.

Dollar Rallies on Hawkish Powell as Markets Weigh December Cut Odds

October 29, 2025, 6:27 PM EDT. The dollar index rose to a two-week high, about a 0.62% gain, as Powell signaled that a December rate cut is not a foregone conclusion. The FOMC cut rates by 25 bps and pledged to end quantitative tightening, lifting the dollar despite easing global trade tensions. A US-South Korea trade deal and ongoing talks with China kept some risk sentiment buoyant. Markets priced roughly a 69% chance of a Dec cut and about 72 bps of easing by end-2026, while the dollar retraced safe-haven demand after progress on trade dialogues. The backdrop remains constructive for the dollar as negotiators inch toward a deal with China and as tariff dynamics evolve.

Crude Prices Edge Higher on Russian Sanctions, Falling U.S. Inventories; OPEC+ Watch

October 29, 2025, 5:48 PM EDT. Crude prices finished higher on expectations of a tighter global balance as sanctions on Russia's energy sector intensify and U.S. inventories fell. December WTI (CLZ25) rose about +0.55%, while December RBOB (RBZ25) advanced around +1.47%. The rally reflected prospects that President Trump will push ahead with new sanctions on Russia's oil industry and continued European penalties that curb export routes. A surprise EIA report showed crude inventories down 6.86 million barrels, with gasoline stocks at an 11-month low. Traders also weighed OPEC+ deliberations on December output tweaks as the group seeks to unwind cuts. Despite some dollar strength limiting gains, the tightening supply picture kept prices buoyant.

Starbucks earnings show early signs of turnaround as same-store sales rebound

October 29, 2025, 5:44 PM EDT. Starbucks' quarter showed a tentative rebound under CEO Brian Niccol's Back to Starbucks turnaround. Global same-store sales rose 1%, with the U.S. flat for the quarter but turning positive in September. Wall Street had expected declines. The company posted adjusted EPS of 52 cents and revenue of $9.57 billion, beating revenue consensus but below EPS expectations. Net income fell year over year as restructuring costs and a push to expand labor and store staffing weighed on margins; 627 stores closed and about 900 nonretail employees were removed. Outside the U.S., SSS rose 3% with 6% traffic gains; in China SSS +2% on 9% traffic. Starbucks is weighing a stake sale in China amid competition and says the stock rose about 2% in afterhours trading.

Texas Teacher Retirement System Increases eBay Stake; Insider Sales Highlight Activity

October 29, 2025, 5:42 PM EDT. Teacher Retirement System of Texas raised its eBay (NASDAQ: EBAY) holding by 2.0% in Q2, boosting its stake to 171,040 shares valued at about $12.736 million. Other institutions also expanded positions: Hemington Wealth Management (+7.7% to 1,742 shares, ~$129k); Capital Investment Advisors LLC (+2.2% to 6,280 shares, ~$468k); Kovitz Investment Group Partners (+0.6% to 23,039 shares, ~$1.56M); Rosenberg Matthew Hamilton (+36.5% to 598 shares, ~$41k); Capital Investment Advisory Services (+4.0% to 4,201 shares, ~$285k). Overall, institutional ownership stands at 87.48%. On the insider side, SVP Julie A. Loeger sold 75,952 shares on Aug 4 at $93.25, reducing her stake by about 58.85% to 53,107 shares (~$4.95M). SVP Cornelius Boone also sold 4,439 shares on Sep 18 at $89.53, leaving him with ~93,392 shares (~$8.36M), a 4.54% decrease. The filing notes are ongoing.

SXT Crosses Below 200-Day Moving Average; Sensient Technologies Stock Faces Near-Term Headwinds

October 29, 2025, 5:40 PM EDT. Sensient Technologies Corp. (SXT) traded around $75.18 after dipping to $74.85 intraday, as the shares crossed below their 200-day moving average of $75.42. The stock is down roughly 1.4% on the session. Over the past year, SXT has ranged from a low of $55.02 to a high of $82.99. A move under the 200-day moving average can signal momentum softening, though one day isn't a definitive trend. The chart shows SXT near the mid-point of its 52-week range, with the last trade near the 200-day moving average. Readers can explore which other dividend stocks recently crossed below their 200-day moving average.

Ecolab Breaks Below 200-Day Moving Average as Shares Slip to $257.63

October 29, 2025, 5:38 PM EDT. Shares of Ecolab Inc. (ECL) slipped below their 200-day moving average of $261.91 on Wednesday, trading down to $257.63 and down about 3.5% on the session. The stock's last trade was $257.18, with a 52-week range spanning $221.62 to $286.04. The decline comes as ECL breaks below the DMA, a potential bearish signal to monitor alongside its one-year performance versus the moving average. DMA data cited from TechnicalAnalysisChannel.com. Investors may also note the prompt to explore other dividend stocks that recently crossed below their 200-day moving average.

Korn Ferry (KFY) Falls Below 200-Day Moving Average

October 29, 2025, 5:36 PM EDT. Korn Ferry (KFY) shares fell below their 200-day moving average of $52.18, trading as low as $51.46 on the session. The stock was down about 2.4% and last traded near $51.50. The breach places the shares near the lower end of the 52-week range of $44.685-$66.65. Traders may view the move as a short-term bearish signal until the price closes back above the 200 DMA. The chart shows one-year performance versus the moving average, with the cross noted in Tuesday trading. Investors might watch for any rebound above the $52.18 level or a continued slide depending on broader market momentum. Also see: the linked note about other stocks crossing below their own 200-day moving averages.

Chipotle earnings: EPS meets, revenue misses, 2025 SSS forecast cut as traffic declines

October 29, 2025, 5:34 PM EDT. Chipotle reported Q3 results that met adjusted EPS of 29 cents but fell short on revenue, posting $3.0 billion vs. $3.03 billion expected. The company also trimmed its full-year same-store sales forecast to a low-single-digit decline for fiscal 2025 as traffic fell 0.8% for the third straight quarter. Despite revenue growth of 7.5% and SSS growth of 0.3%-driven by a 1.1% rise in average check-management says it will prioritize in-restaurant execution, marketing, digital experience and menu innovation to revive traffic. For 2026, Chipotle targets 350-370 new stores, including 10-15 international via partners. It recently struck a Korea JV with SPC Group and has deals in the Middle East and Latin America. Shares fell ~5% after hours.

Sugar Prices Rebound as Brazilian Real Strength Supports the Market

October 29, 2025, 5:32 PM EDT. October NY #11 (SBV24) rose 0.11%, while Oct London ICE white sugar #5 (SWV24) was flat as the Brazilian real strengthens, restraining export selling. Over the past month, sugar has faced pressure from ample global supplies; NY #11 hit a 1-3/4 year low and London #5 a 2-1/3 year low. Unica data show Brazil's Center-South sugar output for 2024/25 rising about 1.3% to a record 46.292 MMT, as acreage expands. Collective demand drivers include India's robust monsoon season and export-curb measures that have supported prices, while record heat in Thailand is cited as bullish. The market remains sensitive to shifting supply signals and policy actions.

Macerich (MAC) Falls Below 200-Day Moving Average as Shares Trade Near $17

October 29, 2025, 5:30 PM EDT. Macerich Co (MAC) traded below its 200-day moving average of $17.20 on Wednesday, reaching $17.04 and sliding about 3.9% on the session. The move comes as the stock nears the lower end of its 52-week range (from $12.48 to $22.27), with the latest trade around $17.02. A chart over the past year shows MAC's performance relative to the 200-day moving average, illustrating the recent cross below the long-term trend line. Traders monitor such crosses for potential trend changes, and this event sits alongside a broader note that several dividend stocks recently crossed below their 200-day moving averages.

RSI Alert: FactSet Research Systems (FDS) Oversold at 28.1 RSI

October 29, 2025, 5:28 PM EDT. Dividend Channel's DividendRank flags FactSet Research Systems Inc. (FDS) as a top 25% idea, while recent trading showed the stock push into oversold territory. With an RSI of 28.1, well below the 30 threshold, FDS traded as low as $267.02 per share. The broader Dividend Channel universe averages an RSI of 45.6, highlighting relative weakness in FDS versus peers. The stock's quarterly dividend currently yields about 1.53% on the latest price of around $288.40. A cautious reader might view the 28.1 RSI as exhaustion of selling pressure and look for potential entry points on the buy side. Investors should also examine FDS' dividend history to assess sustainability of income, while noting the analysis is for informational purposes.

REGL Crosses Below 200-Day Moving Average as ETF Dips

October 29, 2025, 5:26 PM EDT. Shares of the ProShares About the Fund ETF (REGL) crossed below its 200-day moving average of $82.16, trading as low as $81.89. The fund was off about 1.4% on the session. A chart accompanies the note, showing REGL's one-year performance versus its 200 DMA. Over the past year, REGL has ranged from a 52-week low of $71.5817 to a 52-week high of $89.45, with a last trade near $82.10. The move highlights ongoing attention to the 200-day benchmark and how risk parity/ETF dynamics can respond to price around that level.

LGLV Drops Below 200-Day Moving Average

October 29, 2025, 5:24 PM EDT. Shares of the SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) traded near session lows after crossing below the 200-day moving average at about $173.20, with a print as low as $172.25. The ETF was down roughly 1.2% on the day. A one-year chart shows LGLV's price versus the 200-day MA, with a 52-week low of $155.93 and a 52-week high of $179.41 versus a last trade near $171.78. The move may reflect shifting risk sentiment and demand for low-volatility exposure. Traders will watch whether LGLV can stabilize above the 200-day MA or reclaim it in coming sessions.

Cocoa Prices Rebound as ICE Inventories Shrink and Pound Weakens

October 29, 2025, 5:18 PM EDT. December ICE NY cocoa (CCZ25) and December ICE London cocoa (CAZ25) closed higher as ICE inventories shrink to a 7-month low of 1,837,670 bags. The rally comes despite a potential global cocoa surplus, aided by a weaker GBP that boosts London prices. The Ivory Coast harvest has begun, with farmers optimistic about quality, while Ghana port arrivals surged to 50,440 MT in four weeks, weighing on prices. Cocoa demand remains soft in parts of Asia and Europe (Q3 grindings at multi-year lows), though North American grindings rose on reporting changes. Nigeria's 2025/26 production is seen down about 11%, underscoring a mixed demand backdrop for cocoa.

Coffee Prices Rally as ICE Inventories Shrink and Tariffs Tighten US Supplies

October 29, 2025, 5:16 PM EDT. December arabica (KCZ25) closed up 0.72% and January ICE robusta (RMF26) rose 3.25% as coffee prices gain on shrinking ICE inventories. Arabica stocks dipped to a 1.5-year low of 446,475 bags and robusta to a 3.25-month low of 6,111 lots. The 50% US tariff on Brazilian imports is prompting buyers to void new contracts, tightening US supplies. Traders weigh forecasts of rain in Brazil, with Minas Gerais recently drier than normal, while talks hint at possible tariff relief. NOAA's La Niña outlook adds supply risk into the 2026/27 crop cycle. Vietnam's exports rose and production is seen higher in 2025/26, supporting a firmer robusta backdrop.

American Water Works (AWK) Oversold as RSI Drops to 29.5

October 29, 2025, 5:14 PM EDT. Shares of American Water Works Co., Inc. (AWK) slipped to as low as $162.59 on Friday, entering what technicians label as oversold territory. The move comes as AWK's RSI dipped to 29.5, below the 30 threshold traders typically watch for. By comparison, the broader energy stock universe cited by Energy Stock Channel shows an average RSI around 59.1, with WTI Crude Oil at 72.6, Henry Hub Natural Gas at 50.6, and a 3-2-1 Crack Spread at 66.2. A bullish reader could interpret the 29.5 RSI as a sign the recent selling stress may be nearing exhaustion and begin to seek buy-side entry points. The stock trades around the mid-160s, near its 52-week range low of 131.01 and high of 189.65, with a last price of 162.75, down about 3.2% on the day. Data from TechnicalAnalysisChannel.com.

Intercontinental Exchange Enters Oversold Territory as RSI Dips to 25.1

October 29, 2025, 5:13 PM EDT. Intercontinental Exchange Inc (ICE) has slipped into oversold territory after the RSI fell to 25.1, with shares trading near $122.07. The move comes amid a broader dividend-focused screen from Dividend Channel, which ranks ICE in the top half of its dividend stock universe for fundamentals and valuation. At current levels, ICE's annualized dividend of $1.32 yields about 1.05% based on the recent price of ~$125.64. A lower price can improve income for dividend investors, though fundamentals like the dividend history deserve scrutiny. RSI readings approaching 30 can signal a potential near-term bounce as selling pressure subsides. Investors may view this as a potential entry point if momentum stabilizes, while monitoring dividend sustainability and price action for confirmation.

FAF Drops Below 200-Day Moving Average

October 29, 2025, 5:00 PM EDT. First American Financial Corp (FAF) fell below its 200-day moving average of $61.91 on Wednesday, trading as low as $61.09. The stock was down about 2.5% on the session, with a last trade near $61.30. The chart highlights FAF's 1-year performance relative to the 200-day MA, against a 52-week range of $53.09 to $70.92. Traders will be watching how price action behaves around this key moving-average level and what it could signal for near-term momentum.

Carvana Beats Guidance on Record Used-Car Sales; Revenue Hits $5.6B

October 29, 2025, 4:50 PM EDT. Carvana, the online used-car retailer, posted record quarterly sales and topped profit expectations as demand for used vehicles remains robust. The company said it sold a record 156,000 vehicles in the quarter, generating about $5.6 billion in revenue. Carvana also beat profit estimates and now projects full-year profits at the high end of its previous guidance. The results underscore continued momentum in online auto retail and reflect favorable pricing and inventory conditions. Investors will be watching whether the trend persists into the next quarters, including any impact from marketing spend, vehicle mix, and financing costs, as Carvana navigates competition and logistics at scale.

Fed Cuts Rates Again as Job Market Concerns Persist

October 29, 2025, 4:36 PM EDT. The Federal Reserve lowered its benchmark interest rate for the second time in six weeks, signaling a policy pivot to support the sagging U.S. job market. The move underscores the central bank's willingness to ease conditions to bolster growth while inflation risks linger. Traders will weigh how much longer the Fed plans to keep rates low and what it means for borrowing costs, corporate earnings, and overall market sentiment. With labor conditions showing strain, policymakers are balancing employment concerns against inflation, leaving a sensitive path ahead for Fed policy and financial conditions.

Meta Stock Extends Eight-Day Win Streak Ahead of Q3 Earnings; Capex in Focus

October 29, 2025, 4:20 PM EDT. Meta Platforms (META) is on an eight-day winning streak ahead of its Q3 earnings, though shares traded lower in early action. Analysts expect roughly $49.5 billion in revenue for the September quarter, up about 22% year-over-year, the strongest growth target this year. The street also looks for $6.72 in EPS on roughly $49.5B in sales, with digital ads driving most revenue. Analysts note continued Instagram strength and say ad demand remains healthy. Investors are watching Meta's capex trajectory, with 2026 spending forecast to rise sharply as the company expands data centers for AI initiatives. Some analysts see limited downside risk to higher 2026 expenses given AI strategic importance. The stock has rallied YTD but traded below August highs as AI rivals like OpenAI gain attention, including the Sora app.

Bladex (NYSE:BLX) Valuation in Focus After 45% One-Year Return and Digital Platform Launch

October 29, 2025, 4:12 PM EDT. Banco Latinoamericano de Comercio Exterior S.A. (BLX) has delivered a 45% one-year return, underscoring momentum alongside a five-year total return exceeding 350%. While revenue and net income show modest growth, the stock's valuation upside remains a key question given a widely watched fair value estimate of $55.50 versus a recent close around $44.88, signaling meaningful potential if expectations hold. The primary catalyst highlighted is the rollout of a digital trade finance platform, which could lift fee income, boost revenue growth, improve client retention, and sharpen operational efficiency over the next 18 months. Risks include macroeconomic volatility and the possibility that large syndicated transactions do not recur. For investors, the story suggests undervalued status with upside potential, albeit with macro and execution risks.

Meta to report Q3 earnings after the bell as AI spending and a $27B data-center JV loom

October 29, 2025, 4:10 PM EDT. Meta is slated to report third-quarter earnings after the bell, with investors focused on whether the company will accelerate AI spending. Analysts expect EPS of $6.69 on revenue of $49.4 billion, with advertising revenue around $48.5 billion. Meta has continued heavy AI investments and restructured its AI leadership after the Llama 4 launch, while cutting about 600 jobs at its Superintelligence Labs; TBD Labs remains unchanged. A day earlier the company announced a $27 billion joint venture with Blue Owl Capital to fund a massive Louisiana data center. Management has warned 2025-2026 expense growth could outpace 2024, as AI efforts weigh on margins. The market will also assess user metrics and traction for the Meta AI app and Vibes, amid competitive pressure from OpenAI and others.

Beyond Meat Stock Falls on Debt-Exchange Dilution Plan: Key Takeaways

October 29, 2025, 4:06 PM EDT. Beyond Meat (BYND) shares fell about 7.8% after the company announced the final terms of a debt-exchange that could issue up to 326.2 million new common shares. The swap of its 0% Convertible Senior Notes due 2027 for new 7.00% notes due 2030 raises dilution concerns for existing shareholders. The move comes as the company has already struggled, with the prior quarter showing sales down ~20% year over year and negative adjusted earnings. The announcement followed recent volatile moves; BYND has logged dozens of 5%+ swings in the last year. Earlier, a separate equity-dilution and expected impairment charge weighed on the stock, and Mizuho cut its price target to $1.50. With the stock around $1.83 and a 52-week high of $6.58, investors are weighing the dilution risk against any potential turnaround.

Powell's hawkish comments curb December rate-cut bets, lifting the dollar

October 29, 2025, 4:04 PM EDT. Powell's remarks pushed back against market pricing for a December rate cut, boosting the dollar after the Fed's latest move. Bets for a cut slid to about 62% from roughly 85%, as Fed officials (notably Miran and Schmid) voiced dissent, signaling a more cautious path ahead. The Fed also pledged to restart limited Treasury purchases to ease liquidity. The dollar index rose about 0.63% to around 99.28, while the euro traded near 1.1585 and the yen near 152.86 per dollar, as major central banks (ECB and BoJ) are seen keeping policy steady. In the UK, softer inflation and wages data fed BoE rate-cut expectations. Traders also monitor U.S.-China talks as markets weigh how policy shifts affect risk appetite.

Hogs Mixed at Midday as December Leads; Pork Cutout Rises

October 29, 2025, 4:01 PM EDT. Lean hog futures are mixed at midday, with December up a tick and other contracts steady to 50 cents lower. The USDA national base hog price is $83.63, down $5.13 from the prior day. The CME Lean Hog Index fell to $92.03. The pork carcass cutout value rose to $101.30 per cwt. The rib and ham were the only primals reported lower, reversing Tuesday's moves. USDA estimated Tuesday federally inspected hog slaughter at 492,000 head, for a weekly total of 985,000-up from last week and above last year's pace. Traders are watching supply dynamics and demand signals into year-end.

Cattle Futures Rally as Live and Feeder Contracts Firm on Wednesday

October 29, 2025, 3:58 PM EDT. Live cattle futures rose $4-$7 on Wednesday, bouncing back alongside feeder cattle contracts up in double digits. Cash trade began the week softer in the Midwest, with NE bids around $230. The Fed Cattle Exchange reported no sales from a 1,706 head offering, while the CME notes: notably, Feeder Cattle Index fell $7.30 to $360.25 on Oct 27. CME widened daily limits for live cattle ($10.75) and feeder cattle ($13.75) for today. The USDA boxed beef prices showed strength, with Choice at $382.13 and Select near $361. The official weekly slaughter tallies released Tuesday totaled 119k for Tuesday and 224k week-to-date, edging above last week but behind last year. Mexico has not set a reopening date for cattle imports.

Wheat Mixed on Wednesday as Futures See Modest Shifts Across SRW, HRW and Spring Wheat

October 29, 2025, 3:56 PM EDT. The wheat complex is showing a mixed trade at Wednesday's midday, with the CBT Soft Red Wheat drifting in fractional territory. KC HRW futures are up ¾ cent in December but lower in other contracts, while MPLS Spring Wheat remains steady to up a penny. Rainfall in the Plains is expected to be limited next week, with very little moisture for the SRW area. Traders are eyeing export demand, with a weekly total forecast around 350,000-600,000 MT for the week of Oct. 23, even as USDA data remains unavailable. Prices at publication show CBOT Dec 25 around $5.29 1/4, CBOT Mar 26 around $5.45, KCBT Dec 25 around $5.20 3/4, and MGEX Dec 25 around $5.62 3/4.

Soybeans Edge Higher at Midday as China Buying Hopes Meet Data Delays

October 29, 2025, 3:54 PM EDT. Soybeans are mixed but modestly higher at midday, with nearbys up a few cents and some futures slipping. Futures prices are digesting chatter of Chinese buying amid a government shutdown that limits the Export Sales data. The cmdtyView national average cash bean price sits near $10.12 1/2 per bushel, up 1.25c. Soymeal futures rise about $4; soybean oil trades slightly lower. A Reuters survey points to weekly soybean sales of roughly 0.6-1.6 MMT, with meal sales of 50k-500k MT and oil 5k-25k MT. Rabobank pegs 2025/26 Brazilian soybean production at 177 MMT, with acres up to about 48.8 million. Front-month quotes include Nov 25 at $10.79 1/2, nearby cash at $10.12 1/2, Jan 26 at $10.95, and Mar 26 at $11.06 1/2.

Cotton Futures Rally as Markets Preview Trump-Xi Talks

October 29, 2025, 3:52 PM EDT. Cotton futures are trading higher, climbing about 60 to 65 points across most contracts on Wednesday as commodity markets cheer improved risk appetite ahead of the Trump-Xi meeting in South Korea. Crude oil is up 44 cents to $60.59 per barrel, while the US dollar index ticks higher to 98.510. Traders also note the Seam online auction (3,401 bales sold at an average of 61.63 cents per pound) and the Cotlook A Index, which rose 35 points to 75.95 cents. ICE certified cotton stocks added 500 bales to 18,052. Nearby contracts: Dec 25 at 65.69 (up 64), Mar 26 at 67.23 (up 63), May 26 at 68.42 (up 62).

Corn Holds Steady Near Unchanged Futures as Ethanol Production Slips

October 29, 2025, 3:50 PM EDT. Corn futures are trading near unchanged, with Dec up a penny and nearby contracts little changed. The CmdtyView national average cash price sits at $3.93 3/4. EIA data show ethanol production at 1.091 million bpd in the week of 10/24, down 21k from the prior week, while ethanol stocks rose 448k barrels to 22.367 million. Refiner inputs held steady at 911k bpd, with exports advancing 45k to 175k bpd. The USDA's shutdown and Rabobank's Brazil crop estimate of 137 MMT for 2025/26 frame the backdrop. Nearby quotes for Mar 26 and May 26 show modest moves, but the market overall appears to be holding steady as fundamentals mix.

Evolent Health's Low P/S Points to Slower Revenue Growth, Limiting EVH Stock Rally

October 29, 2025, 3:48 PM EDT. Evolent Health, Inc. (NYSE: EVH) trades at a subdued P/S of about 0.4x, well below many healthcare peers. The article notes that while the sector often carries higher multiples (P/S >3x or even >17x), EVH's revenue decline in recent quarters and an outlook of modest growth help explain the compression. Despite a strong prior run, last year's 6.7% revenue drop contrasts with a three-year revenue gain of about 102%, illustrating a bumpy but generally upward trend. Analysts expect roughly 10% annual revenue growth over the next three years, below the industry's ~12% pace, supporting a discounted valuation. The takeaway: relying on P/S alone is insufficient, but the weak growth outlook is central to why investors remain cautious and the stock may struggle to rally in the near term.

Fed rate-cut uncertainty and AI rally lift Nvidia and Broadcom; price targets raised

October 29, 2025, 3:46 PM EDT. Markets drifted after Fed Chair Powell signaled a December rate cut isn't a certainty, even as the central bank delivered a 0.25% cut for the second time this year. The S&P 500 pulled back slightly following the decision, though intraday highs linger. The Fed also signaled the end of its balance-sheet runoff in December, keeping inflation to the 2% target in view. In AI-related names, Nvidia surged toward record levels and Broadcom followed higher, as AI-capital spending remains robust. Consequently, price targets were raised: Broadcom to $415 from $350 and Nvidia to $225 from $200. Earnings loom for hyperscalers-Meta, Microsoft, Amazon, Alphabet-likely to shape AI investment. Boeing fell after a larger-than-expected non-cash charge; Honeywell advances toward the SOLS spin-off.

Chart: Crypto IPO Winners and Losers – Circle and Galaxy Lead, Others Slip

October 29, 2025, 3:44 PM EDT. Protos analyzed five crypto-related IPOs: Circle, Galaxy Digital, Bullish, Gemini, and eToro. Only Circle and Galaxy Digital are trading above their initial public prices. Galaxy Digital had a NASDAQ listing with an underwritten offering and isn't a traditional IPO. Both have risen roughly 63.5% from the day their shares became available on NASDAQ. Circle briefly traded near three times its initial price before pulling back to a higher level, while the three losers – Bullish, Gemini, and eToro – have each fallen about 20%, with eToro the largest drop (over 40%). A hypothetical $5,000 invested evenly across the five would now be about $5,260.

Fiserv stock plunges 45% after guidance cut and leadership shakeup

October 29, 2025, 3:38 PM EDT. Fiserv's stock tumbled about 45% on Wednesday, sliding from $128.50 to $70.80 after the company cut its guidance and announced leadership overhaul. In Q3, adjusted revenue was $4.92 billion and adjusted EPS $2.04, well short of Wall Street's expectations of $5.36 billion in revenue and $2.64 in earnings per share. CEO Mike Lyons said the firm did a 'rigorous analysis' of operations, leading to a reset of growth and margin targets. The new guidance calls for organic revenue growth of 3.5%-4% and EPS of $8.50-$8.60 for the year, versus prior guidance for ~10% growth and EPS of $10.15-$10.30. Key drivers cited include slowing growth in Argentina, overly optimistic assumptions, deferred investments, and deprioritized short-term initiatives. Leadership changes include naming Takis Georgakopoulos as co-president and hiring Dhivya Suryadevara, formerly CEO of Optum Financial Service and Optum Insight.

Stride (LRN) Stock Slumps on Weak Guidance Despite Q3 Beat

October 29, 2025, 3:28 PM EDT. Stride (LRN) reported a Q3 revenue of $620.9 million, up 12.7% YoY, and adjusted EPS of $1.52, beating estimates. Yet management issued a weaker next-quarter revenue guide, about 3.4% below consensus, and lowered full-year revenue, triggering a roughly 50.8% drop in shares in the afternoon session. The results beat on the top line but the outlook suggested a slowdown ahead, prompting investors to reevaluate growth. Stride is down about 28.7% year-to-date and trades near $75.86, far below its 52-week high. The market reaction underscored how forward guidance can overshadow quarterly results for investors assessing Stride's trajectory.

AMH.PRG Crosses 6% Yield Threshold as AMH Series G Preferred Trades Near $24.42

October 29, 2025, 3:20 PM EDT. American Homes 4 Rent's 5.875% Series G Cumulative Redeemable Perpetual Preferred Shares (AMH.PRG) yielded above the 6% mark based on a quarterly dividend annualized at $1.4688, with trades as low as $24.42. Relative to the Real Estate sector, the AMH.PRG offer sits near the lower end of price but a 6%+ yield, versus an industry average of 7.79% in the Real Estate preferreds. The issue also traded at a modest 1.12% discount to its liquidation preference versus an average 11.45% in the sector. On the day, AMH.PRG was down about 0.3% while the common stock AMH fell around 2.4%.

AllianzGI Convertible & Income Fund's Series A Preferred NCV.PRA Yields Cross 6.5%

October 29, 2025, 3:18 PM EDT. On Wednesday, AllianzGI Convertible & Income Fund's 5.625% Series A Cumulative Preferred Shares (NCV.PRA) yielded above the 6.5% mark based on its quarterly dividend of $1.4062 annualized, with trades as low as $21.52. The yield tops the 6.11% average in the ETFs & CEFs preferred stock space per Preferred Stock Channel. NCV.PRA was trading at about a 12.68% discount to its liquidation preference, versus the category average 15.13%. A chart compared NCV.PRA's one-year performance with the common shares (NCV). The story notes a slight intraday move: NCV.PRA off around 0.1%, while the common share NCV rose about 0.8%. (Author's views.)

Fed cuts rates for second time this year amid lagging jobs and inflation risks

October 29, 2025, 3:14 PM EDT. The Federal Reserve trimmed interest rates by a quarter-point, marking a second rate cut this year as rising unemployment and persistent inflation complicate the outlook. The FOMC says uncertainty remains elevated and that downside risks to employment have grown, keeping the policy stance data-dependent. The move comes as the government shutdown delays the monthly jobs report from the Bureau of Labor Statistics, complicating the Fed's read on the labor market. President Trump's tariff policy has contributed to higher prices in some categories, adding another layer of inflation risk. Powell acknowledged that price pressures could prove transitory or more persistent, underscoring the challenge in deciding whether to cut further, hold or hike in the future. Financial markets will watch for the next data point to guide policy.

Fed Delivers Expected Rate Cut and Signals End to QT; Markets Rally

October 29, 2025, 3:12 PM EDT. Stocks edged higher after the Fed delivered its second straight rate cut, signalling an end to quantitative tightening (QT) as the central bank set the policy range at 3.75%-4% and announced QT would end on December 1. The FOMC vote was 10-2, though the backdrop included government shutdowns limiting visibility. The S&P 500, Dow, and Nasdaq climbed, with tech leading the charge as Nvidia surged on AI exposure chatter. Traders also weighed ongoing US-China talks and a tentative trade framework that lifted sentiment. Mortgage rates slipped to a 13-month low, and housing data were mixed, keeping the macro narrative constructive. The combination of easier policy and stabilizing trade dynamics helped extend the gains across major indices.

New Fortress Energy slips on report of UK debt restructuring plan

October 29, 2025, 3:10 PM EDT. Shares of New Fortress Energy (NFE) fell 7.8% to $1.41 after Bloomberg News reported the company is considering a UK scheme of arrangement to restructure its debt. The UK court process, typically cheaper than a U.S. bankruptcy, could be less disruptive to contracts than Chapter 11, the report said. Including session moves, NFE is down 90.7% year-to-date (YTD).

Nvidia Breaks $5 Trillion Market Cap, Outpacing Disney, Nike, JetBlue and More

October 29, 2025, 3:08 PM EDT. Nvidia became the first company to top a $5 trillion market cap, sending its stock higher as investors chase its AI leadership. The milestone leaves Nvidia far larger than peers and even whole markets: the S&P 500 average cap sits around $125 billion, while a $5 trillion tag compares to roughly 25 Disneys, 50 Nikes, and about 3,311 JetBlues. Nvidia's size is also about three times the entire S&P 500 energy sector and more than double the Germany DAX and France CAC indexes. The rally highlights persistent demand for AI-driven chips and Nvidia's elevated position in markets.

PayPal (PYPL) Shares Dip Below 200-Day Moving Average

October 29, 2025, 3:06 PM EDT. PayPal Holdings (PYPL) slid to as low as $70.50, crossing below its 200-day moving average (DMA) of $71.55 in Wednesday trading. The stock was down about 2.3% on the session, with the last trade around $71.33. The 52-week range sits between $55.85 and $93.66, suggesting the stock remains well above its annual low but below its high. The move below the 200-DMA could be viewed as a near-term bearish signal for PYPL and a reminder that the chart shows volatility within a defined year. DMA data cited from TechnicalAnalysisChannel.com. Investors may want to watch whether PYPL can reclaim the 200-DMA or test support levels as the market digests the latest price action.

Sugar Rebounds as BRL Strength Triggers Short Covering; Global Sugar Outlook Holds Bearish Tilt

October 29, 2025, 3:05 PM EDT. Sugar prices in NY and ICE rose after Brazil's real strength sparked mild short covering in futures. The BRL jumped to a 2.5-week high vs the dollar, dimming export demand from Brazil. Prices had earlier faced pressure on a global sugar surplus and higher Brazil production. In Brazil's Center-South, Unica reported Sep output up 10.8% y/y to 3.137 MT; cane crush share rose to 51.17%. Cumulative 2025-26 Center-South output rose 0.8% to 33.524 MMT; Datagro sees 2026/27 at a record 44 MMT (+3.9% y/y). Global surplus forecasts from BMI and Covrig weigh. Demand from India and monsoon rains loom; India may export more as crop and ethanol mixes shift, while Thailand production remains a bearish factor.

Criteo Stock Pops on Strong Q3 Results and a Transatlantic Relocation Plan

October 29, 2025, 3:00 PM EDT. Criteo (CRTO) shares jumped about 7% after posting stronger-than-expected Q3 results and unveiling a two-step relocation plan. Ex-TAC revenue rose 8% year over year to $288 million, while adjusted earnings surged 36% to $1.31 per diluted share, topping consensus of about $0.93. In addition, the Paris-based digital advertising group announced it will move its corporate domicile from Paris to Luxembourg in 2026, with a potential further shift to the United States. The relocation would pave the way for a direct Nasdaq listing and could improve access to passive capital, possibly aiding index inclusion and broader investor participation. CFO Sarah Glickman framed the move as a way to enhance benchmarking and broaden the shareholder base.

Nvidia hits $5 trillion valuation as U.S. stocks climb toward records

October 29, 2025, 2:58 PM EDT. U.S. stocks edged higher ahead of a Federal Reserve decision, with major indexes climbing on Wednesday. The S&P 500 rose 0.3%, the Dow gained about 271 points (0.6%), and the Nasdaq added 0.5%, lifting all three to fresh highs. Nvidia surged as the market's biggest mover, reaching a $5 trillion market cap-the first company to do so-capping a run that has propelled tech and AI stocks higher. Other notable movers included Caterpillar with a 12.2% rally and Teradyne up 19.4% on stronger quarterly results. Fiserv slumped about 40% after weaker profit and lower guidance, weighing on the day. Investors await the Fed decision and any signals on December cuts, while global markets mixed.

Noteworthy Wednesday Options Activity: GPN, STX, GS

October 29, 2025, 2:56 PM EDT. Today's notable options activity centers on GPN, STX, and GS. Global Payments (GPN) shows 17,438 contracts traded, about 1.7 million underlying shares, roughly 105.5% of its 1-month average volume. The standout is the $65 strike put expiring Nov 21, 2025, with 12,446 contracts (~1.2 million shares). Seagate Technology (STX) posted 46,907 contracts (~4.7 million shares; ~95.6% of monthly ADV), led by the $230 call expiring Oct 31, 2025 with 2,273 contracts (~227,300 shares). Goldman Sachs (GS) had 16,545 contracts (~1.7 million shares; ~76% of ADV), with the $820 call expiring Oct 31, 2025 at 1,991 contracts (~199,100 shares). Charts show trailing 12-month history for each.

Noteworthy Wednesday Option Activity: FCX, IP, CARR

October 29, 2025, 2:54 PM EDT. Wednesday's notable options activity spilled into FCX, IP, and CARR. For FCX, total options volume reached 87,308 contracts (≈8.7 million underlying shares), about 49% of its 1-month average. The standout was the $47 strike call expiring Dec 19, 2025 with 22,660 contracts (≈2.3 million shares). For IP, 18,994 contracts traded (≈1.9 million shares, ~47.2% of average 4.0m). The top is the $47 strike call expiring Nov 07, 2025 with 6,972 contracts (≈697,200 shares). CARR saw 28,912 contracts (≈2.9 million shares, ~46.9% of 6.2m). The $65 strike call expiring Jan 16, 2026 drew 12,554 contracts (≈1.3 million shares).

Wednesday Notable Options Activity: WDC, GRMN, ADP

October 29, 2025, 2:52 PM EDT. Notable Wednesday option activity lit up WDC, GRMN, and ADP. Western Digital saw 43,629 contracts traded, roughly 4.4 million underlying shares, about 46.3% of its average daily volume over the past month. The standout was the $170 strike call expiring January 16, 2026, with 2,327 contracts, representing roughly 232,700 shares. Garmin logged 3,004 contracts (~300,400 shares, ~44.9% of monthly average). The most active was the $270 strike call expiring November 21, 2025, with 424 contracts and about 42,400 shares. Automatic Data Processing posted 6,821 contracts (~682,100 shares, 41.5% of average daily volume). The $280 strike call expiring October 31, 2025 had 734 contracts (~73,400 shares).

Wednesday Options Spotlight: TER, XYZ, SBUX See Notable Activity

October 29, 2025, 2:51 PM EDT. Wednesday saw notable options activity in TER (Teradyne), XYZ (Block Inc), and SBUX (Starbucks). TER traded 20,404 contracts (~2.0 million underlying shares), about 66% of its average daily volume (3.1 million). The standout was the $165 strike call expiring Nov 21, 2025, with 1,959 contracts (~195,900 shares). For XYZ, 31,541 contracts (~3.2 million shares), about 59.8% of its 5.3 million average. The top is the $76 strike call expiring Oct 31, 2025 with 3,205 contracts (~320,500 shares). SBUX posted 51,564 contracts (~5.2 million shares), ~57.3% of its 9.0 million average. The $98 strike call expiring Oct 31, 2025 saw 4,249 contracts (~424,900 shares). Charts accompany each, highlighting the relevant strikes.

Fed Cuts Rates for the Second Time This Year, Ends QT in December

October 29, 2025, 2:48 PM EDT. In a 10-2 vote, the FOMC lowered the policy rate to a 3.75%-4% range, marking the Fed's second rate cut this year. It also announced the end of its quantitative tightening (QT) on December 1. Dissenters were Governor Stephen Miran, who preferred a larger cut, and Kansas City Fed President Jeffrey Schmid, who would rather hold or pause. The statement kept a cautious tone on the labor market, noting that job gains slowed and the unemployment rate remained low but rose, while inflation stays elevated. Markets briefly extended gains as traders priced in slower policy tightening, though data gaps from the government shutdown complicate the read on the economy. The December meeting remains pivotal, with officials indicating room for policy adjustment but offering little guidance.

Why Nvidia Could Reach a $5 Trillion Valuation: Inside a $35B, 1-GW AI Data Center

October 29, 2025, 2:46 PM EDT. Nvidia's AI push drives demand for high-power data centers. Its GPU leadership, software ecosystem, and scale enable massive compute at pace, forming a potential path to a much higher valuation. A $35B, 1-GW data center example illustrates how efficiency, edge-to-cloud AI integration, and recurring software/AI services could power long-term revenue growth and profit expansion. Investors weigh capital intensity, supply chain risk, and competitive dynamics, but Nvidia's AI moat, strategic partnerships, and ecosystem advantages position it to capture a large share of the AI infrastructure market. If demand sustains and margins hold, a $5 trillion market cap narrative remains plausible, albeit with meaningful risks to monitor.

RBC Bearings (RBC): 3 Reasons It's a Compelling Growth Stock

October 29, 2025, 2:44 PM EDT. RBC Bearings (RBC) stands out as a growth pick due to three catalysts. Earnings Growth: projected EPS to rise 15.4% this year, with a historical pace of 25.7%, well above the industry 6.6%. Cash Flow Growth: YoY cash flow up 8.3%, above peers, with a 3-5 year annualized rate of 21.3%. Earnings Estimate Revisions: a positive trend in revisions has correlated with near-term strength. Add a favorable Growth Score and a top Zacks Rank (#1 Strong Buy or #2 Buy), and RBC Bearings' fundamentals point to sustained expansion and potential stock-price upside.

3 Reasons Growth Investors Shouldn't Overlook New Gold (NGD)

October 29, 2025, 2:42 PM EDT. Growth stocks carry above-average risk, but New Gold (NGD) stands out in the Zacks Growth system and carries a top Zacks Rank. This article highlights three compelling reasons to consider NGD now: Earnings Growth – with projected 104.8% EPS growth this year (well above the 34.9% industry average); Impressive Asset Utilization Ratio – S/TA of 0.34 vs. 0.26 industry average, signaling efficient asset use and solid sales growth (20.9% this year); and Promising Earnings Estimate Revisions – upward revisions in the current year suggest favorable near-term price momentum. Taken together, these signals point to meaningful growth potential for NGD, even amid commodity cycles. Investors should balance these growth features with the stock's inherent gold-mining cyclicality, but the combination of scores and revisions makes NGD worth watching.

Cocoa Rebounds as ICE Inventories Shrink and Pound Weakness Lifts London Prices

October 29, 2025, 2:40 PM EDT. Cocoa prices rebounded after slipping to 1-week lows as ICE inventories in US ports fell to a 7-month low of 1,836,163 bags. December NY cocoa (CCZ25) rose 84 points (+1.40%), while December London cocoa (CAZ25) gained 75 points (+1.76%). A softer GBP/USD helped the London market since cocoa priced in sterling benefits from the currency move. Earlier in the session, signs of a global cocoa surplus weighed on sentiment, but West Africa harvests, weaker Ivory Coast exports, and rising Ghana arrivals supported prices. Nigeria's 2025/26 crop is seen down ~11%; global grindings remain mixed. Traders will monitor weather, pod counts, and inventory trends for the next move.

Is Enova International (ENVA) a Solid Growth Stock? 3 Reasons to Think Yes

October 29, 2025, 2:38 PM EDT. Enova International (ENVA) appears as a leading candidate among growth stocks, backed by a favorable Zacks Growth Score and a top-ranked Zacks Rank. Key drivers include projected earnings growth of 27.2% this year (vs. 10.4% industry avg), strong asset efficiency with an S/TA ratio of 0.52 (industry avg 0.26), and robust sales growth at 23.2% this year (industry 0.9%). Positive earnings estimate revisions further support near-term moves. While growth stocks carry higher risk, ENVA's combination of earnings momentum, asset utilization, and upward revisions makes a compelling case for a potential growth stock pick. Investors should weigh risk tolerance and timing before investing.

CRCL vs. WULF: Which Crypto-Infrastructure Stock Has the Edge?

October 29, 2025, 2:36 PM EDT. CRCL is positioned to benefit from rising demand for the USDC stablecoin and a growing payments infrastructure ecosystem, with Circle Payments Network, Circle Gateway, and partnerships with Fireblocks, Finastra and FIS boosting cross-border and domestic settlement. USDC circulation has surged to about $76.4 billion and on-chain volume has hit trillions, underscoring a favorable backdrop for Circle's ecosystem. WULF, by contrast, scales data-center capacity to support Bitcoin mining and HPC workloads, with a targeted 72.5 MW of HPC colocation in progress. With GENIUS Act momentum potentially accelerating enterprise stablecoin adoption and broader crypto adoption, the edge between CRCL's stablecoin-based payments infrastructure and WULF's mining/infra growth hinges on execution, partnerships, and regulatory tailwinds.

Arabica Coffee Slumps on Brazil Rain Forecasts; Robusta Rises on Vietnamese Supplies

October 29, 2025, 2:34 PM EDT. Arabica prices came under pressure again as forecasts for rain in Brazil's key growing area of Minas Gerais weighed on futures, after an earlier 8.5-month high. December KCZ25 was down about 0.4%, while January RMF26 rose more than 1% on robusta strength. The rain would partially ease lingering drought conditions, yet traders cite the 50% tariff on US imports from Brazil as ongoing headwind for Arabica demand and inventories near multi-year lows. NOAA's renewed La Niña outlook raises the risk of drier weather into the 2026/27 crop cycle. On the supply front, Vietnam's exports and production are rising, pressing robusta supplies; still, Brazil remains the world's largest arabica producer, keeping sentiment choppy.

Dow Jones Hits Record High Ahead of Fed Decision as Nvidia Soars and CAT Delivers Strong Earnings

October 29, 2025, 2:32 PM EDT. Dow Jones Jones? No, the text uses DJIA as the index, hitting a fresh all-time high of 48,040.64 as investors brace for the Fed rate decision. The central bank is expected to trim rates by 25 bps to a range of 3.75%-4.00%, even as data remain delayed by the government shutdown. President Trump travels at APEC with talks of a U.S.-South Korea trade deal and a possible breakthrough with China, shaping risk sentiment. Nvidia (NVDA) jumped to a record intraday high of $212.19, lifting its valuation toward $5 trillion and prompting a Bank of America target hike to $275. Microsoft (MSFT) and Cisco (CSCO) drift modestly negative. Caterpillar (CAT) topped movers after strong earnings, a new high around $596.21, while Boeing (BA) slipped after a hefty Q3 charge tied to the 777X. The index was up about 0.5% at press time.

AES Q3 2025 Earnings Preview: Key Drivers, Estimates and Peer Bets

October 29, 2025, 2:26 PM EDT. AES is set to report Q3 2025 results after the close on Nov. 4. The company showed a +30.8% earnings surprise in the last quarter. Key drivers for Q3 include ongoing infrastructure modernization and grid resilience initiatives that boost operational efficiency and reliability, plus growth in renewable energy and regulated utility revenues. Rising electricity demand from data centers due to AI workloads and favorable rate outcomes could support margins, even as inflation pressures persist. Warmer-than-normal weather boosted cooling demand in many service areas, lifting the top line. The Zacks consensus calls for $0.74 per share and $3.31 billion in revenue; earnings ESP is +1.70% with a Zacks Rank of 3 (Hold). Peers like Xcel Energy (XEL) and Eversource (ES) are also in focus.

nVent Electric Q3 2025 Earnings Preview: Backlog, Acquisitions and AI-Fueled Demand

October 29, 2025, 2:20 PM EDT. NVT is scheduled to report Q3 2025 results on Oct. 31 with a revenue growth guide of 27%-29%, aided by acquisitions contributing up to 15 points and a 1-point FX tailwind. Organic growth is seen at 11%-13%. Adjusted EPS are expected to be $0.86-$0.88, about a 38% YoY rise. The Zacks Consensus projects $1.01 billion in revenue and $0.88 per share, signaling solid growth. A robust backlog-up more than 4x YoY in Q2-supports visibility into quarter results, with infrastructure momentum in data centers and power utilities driving demand. AI deployment, liquid cooling and partnerships with hyperscalers/chipmakers bolster the view, though headwinds include inflation, tariffs and softer industrial demand. The model shows +1.30% ESP and a Buy setup.

IBKR vs. BGC: Which Brokerage Tech Stock Has the Greater Upside Potential?

October 29, 2025, 2:18 PM EDT. Interactive Brokers (IBKR) leads with technology-first execution across stocks, futures, options and forex on 160+ exchanges, driving stronger margins and a 5-year revenue CAGR of about 21.8%. The firm's ongoing push into proprietary software, global product expansion (Connections, zero-commission moves, NISA, Plan d'Epargne en Actions, IBKR GlobalTrader) and near-overnight U.S. trading further enhance growth momentum while debt remains modest and dividends rebound. By contrast, BGC Group (BGC) concentrates on fixed income, rates, credit and energy, supported by data, analytics and software solutions for specialized markets. With both benefiting from volatile markets, upside hinges on IBKR's scale, diversification and sustainable tech-driven margins, versus BGC's ability to monetize its fixed-income niches and related platforms.

Intel Stock Poised for Upside as Earnings Revisions Accelerate; Zacks Rank #2 Buy

October 29, 2025, 2:16 PM EDT. Intel (INTC) is drawing interest as earnings estimates trend higher. The accelerating consensus revisions reflect growing analyst optimism and could feed further upside in the stock. Under the Zacks Rank framework, Intel sits at #2 Buy, highlighting a favorable earnings trajectory. The latest data show a current-quarter estimate of $0.07 per share, up 60.84% in the past 30 days, and a full-year outlook of $0.31, up 57.71% in revisions. With a 23.8% gain over the past four weeks, the combination of revisions and performance points to continued upside potential for INTC investors.

West Bancorp (WTBA) Surges on Upgraded Earnings Outlook; Zacks Rank #1 Signals Upside

October 29, 2025, 2:14 PM EDT. West Bancorp (WTBA) is benefiting from an improving earnings outlook as analysts boost earnings estimates for the quarter and full year. The rising trend in revisions aligns with stronger near-term stock performance, supported by the Zacks Rank framework. West Bancorp now holds a Zacks Rank #1 (Strong Buy) after upgrades, with the current-quarter EPS seen at $0.57, up 35.7% year over year, and the full-year EPS pegged at $2.04, up 43.7%. Over the last 30 days, the consensus has risen about 14%, aided by a higher call from one estimate and no negative revisions. The stock has gained about 6.4% over the past four weeks, reinforcing upside potential as investor optimism grows.

Caterpillar Q3 Earnings Beat on Higher Volumes; Backlog Reaches Record High

October 29, 2025, 2:13 PM EDT. Caterpillar Inc. (CAT) beat the Zacks consensus with adjusted EPS of $4.95 for Q3 2025, topping estimates of $4.52 by about 10%, though the year-ago figure fell ~4%. Revenue climbed to about $17.6 billion, surpassing the $16.75 billion target and marking an all-time quarterly high driven by stronger volumes across all segments. The gain was partly offset by tariff-related costs and a mix of higher SG&A and R&D. Including one-time items, GAAP EPS was $4.88, down from $5.06 a year earlier. The company reported a gross margin of 33.8% and an operating margin of 17.3%, with backlog at a record $39.9 billion as orders extended across regions, notably North America and Latin America, despite higher costs.

Oil Extends Gains on Tighter Russian Supplies, EIA Draw Sparks Rally

October 29, 2025, 2:08 PM EDT. Crude prices rallied as expectations of tighter Russian supplies and a surprise EIA draw supported the market. December WTI (CLZ25) rose about 1.1%, and December RBOB (RBZ25) gained roughly 1.7%. A weekly EIA report showed a crude inventories draw of 6.86 million barrels and gasoline stocks at an 11-month low, underscoring a tighter balance. Traders also priced in sanctions on Russia's oil majors and ongoing export disruptions, including reduced seaborne shipments and refinery outages. The backdrop includes ongoing talk of an OPEC+ supply hike and the broader geopolitical hurdle between the US, EU and Moscow. With Russian exports pressured, and refinery bottlenecks persisting, the crude rally could extend into the winter season, even as demand jitters surface.

Which 13F Filers Hold ADP? Hedge Funds Shift Positions in 12/31/2024 Batch

October 29, 2025, 2:00 PM EDT. At Holdings Channel, the latest batch of 13F filings for the 12/31/2024 period shows Automatic Data Processing Inc. (ADP) being held by 13 of the 26 funds reviewed. A caveat: 13F filings disclose long positions only, so the bear/bull picture may be incomplete. Within these filers, 5 increased their ADP positions and 6 trimmed them from 09/30/2024 to 12/31/2024. On aggregate, the funds holding ADP reduced their shares by 1,250,997, from 21,097,438 to 19,846,441, a decline of about -5.93%. The takeaway: looking at groups of filings can reveal shifts not obvious from a single report, offering potential ideas around ADP worth further research.

Duolingo (DUOL) Poised to Beat Earnings Again on Strong Surprise History

October 29, 2025, 1:58 PM EDT. Duolingo, Inc. (DUOL) has a proven earnings-beat track record, boasting an average surprise of 51.96% over the last two quarters. In the most recent report, it earned $0.91 per share vs. $0.55 expected (a 65.45% beat); the prior quarter delivered $0.72 vs $0.52 (38.46% beat). With estimates trending higher, the stock shows a positive Earnings ESP (+3.55%) and a Zacks Rank #2 Buy, suggesting a continued upside ahead of the next release on November 5, 2025. The analysis notes that the ESP-Rank combo has historically produced a positive surprise roughly seven out of ten times. If sentiment remains bullish and estimates stay elevated, DUOL could extend its streak again, backed by user growth and improving monetization.

Intercorp Financial Services (IFS) Poised to Beat Earnings Again, Powered by Positive ESP and Strong Buy Rank

October 29, 2025, 1:56 PM EDT. Intercorp Financial Services (IFS) has a strong track record of beating earnings estimates in its last two reports, with an average surprise around 25.44%. In the most recent quarter, Intercorp Financial Services surprised by 31.78% (reported $1.41 vs $1.07 expected); the prior quarter beat by 19.10% (actual $1.06 vs $0.89). The stock now shows a positive Earnings ESP (+2.17%) and carries a Zacks Rank #1 (Strong Buy), suggesting another earnings beat could come at the November 6, 2025 release. While a negative ESP would reduce predictive power, the ESP+Rank combination has produced a beat about 70% of the time. Investors may also use the Earnings ESP filter to target opportunities before the report.

Amer Sports, Inc. Could Extend Earnings-Beat Streak With Positive ESP and Strong Buy Rank

October 29, 2025, 1:54 PM EDT. Amer Sports, Inc. (AS) appears positioned to extend its earnings-beat streak, backed by a history of strong EPS surprises. In the last two quarters, the company beat estimates by an average of about 140% with recent results delivering 200% and 80% surprises. Ahead of the next report on November 18, 2025, the stock shows a Earnings ESP of +4.84% and a Zacks Rank #1 (Strong Buy), suggesting another potential beat. The data imply that combining a positive Earnings ESP with a high rank often yields a beat rate near seven in ten. While ESP is not a guarantee, revisions and forward guidance will be key cues for investors.

Savers Value Village (SVV) Could Beat Earnings Again on Positive ESP and Hold Rating

October 29, 2025, 1:52 PM EDT. SVV (Savers Value Village) has a track record of beating earnings estimates and looks set for another earnings beat. The stock in the Zacks Textile – Apparel group shows a two-quarter average surprise of 58.33%, with the latest quarter beating by 16.67% (0.14 vs 0.12) and the prior quarter beating by 100% (0.02 vs 0.01). Analysts assign a positive Earnings ESP of +3.70% and a Zacks Rank of #3 (Hold), suggesting favorable odds of continued outperformance. The next report is due on October 30, 2025. While EPS surprises can persist, investors should assess estimate revisions and rely on the ESP filter when gauging near-term moves.

Doximity (DOCS) Eyes Another Earnings Beat as Estimates Improve

October 29, 2025, 1:50 PM EDT. Doximity (DOCS) appears well-positioned to extend its earnings-beat streak into its next report. The stock has beaten estimates in the last two quarters, with last quarter's EPS of $0.36 vs $0.31 (a 16.13% surprise) and the prior quarter's $0.38 vs $0.27 (a 40.74% surprise). The near-term setup is supported by a positive Earnings ESP (+1.32%) and a Zacks Rank #2 (Buy). The company is scheduled to report on November 6, 2025. While a negative ESP can reduce predictive power, many names still beat when ESP is unfavorable. The backdrop of solid demand in the medical info space and improving estimates adds to the bullish thesis, though investors should watch how the current quarter unfolds.

Butterfield NTB Valuation Gains After Strong Q3 Beat, Buybacks, and Dividend

October 29, 2025, 1:48 PM EDT. Bank of N.T. Butterfield & Son (NTB) delivered a Q3 beat driven by stronger fees, higher interest income, and disciplined expense control. The update coincides with new buybacks and a steady dividend, reinforcing investor confidence amid a ~18.2% one-year return. Shares trade about 16% below the consensus price target, suggesting a potential entry point if the market broadens its growth expectations. The narrative fair value sits at around $51.5-UNDERVALUED-driven by international growth, expanded global wealth management and private trust services, and ongoing digital upgrades that support durable, fee-based revenue and efficiency. Key risks include potential large deposit outflows and persistent declines in net interest margins. The complete analysis highlights 4 rewards and 3 warnings, with valuation gaps attracting attentive investors.

Marqeta (MQ) Hits Oversold Territory as RSI Drops to 28.4

October 29, 2025, 1:44 PM EDT. Marqeta Inc (MQ) slipped into oversold territory as its RSI hit 28.4, with prints down to about $5.36. By comparison, the SPY shows an RSI of 41.6, underscoring weaker momentum in MQ vs the broader market. Some traders might view the 28.4 RSI as a sign selling pressure could be near exhaustion and look for a buy-the-dip entry. MQ's 52-week range spans $3.46-$8.23, while the latest trade sits near $5.38. The setup invites attention to price action and volume for risk management, as investors weigh potential upside against the stock's recent volatility and fundamentals.

CEO Brinker Bets $172.9K on Healthpeak Properties (DOC)

October 29, 2025, 1:42 PM EDT. Healthpeak Properties (DOC) sees a notable insider signal as CEO Scott M. Brinker executed a four-trade, total of $172.9K in purchases over the last six months. The CEO's four buys amount to 2,750 + 2,873 + 2,930 + 1,490 shares, averaging $17.21 per share, with the stock recently trading near $17.87. The insider's confidence comes as DOC trades in a 52-week range of $16.63-$23.05 and yields about 6.8% annualized from a monthly dividend of $1.22004 per share (ex-date 11/14/2025). While insider buying can signal conviction, investors should weigh history, dividend reliability, and the stock's position relative to its 200-day moving average before extrapolating gains.

Nvidia hits $5T market cap as Cramer says China sales could change the story

October 29, 2025, 1:40 PM EDT. Nvidia led another day of record intraday highs for megacap tech, with Jim Cramer noting the rally isn't broad-based. The stock became the first U.S. company to exceed a $5 trillion valuation after its GTC conference, with CEO Jensen Huang signaling $500 billion of cumulative data-center visibility for 2025-26 – well above estimates. Cramer also flagged potential policy shifts that could accelerate Nvidia's China sales, a possible catalyst for the stock. The session noted Boeing's results and upcoming reports from Meta, Microsoft, and Starbucks. Nvidia remains a leadership driver in a growth-driven market.

Nvidia Tops $5T Market Cap as Indexes Hit Records; Caterpillar and Teradyne Rally, Fiserv Slumps

October 29, 2025, 1:38 PM EDT. Major U.S. equities extended their record run ahead of a Federal Reserve decision on rates. The Dow, S&P 500 and Nasdaq climbed to new highs as investors priced in easier policy. Nvidia led the rally, its stock at fresh highs and its market capitalization surpassing $5 trillion after showcasing a wave of partnerships. Caterpillar jumped to an all-time high on strong demand for AI-powered equipment. Teradyne also rose after better-than-expected results and an upbeat outlook. Fiserv underperformed, cutting guidance and reshaping leadership, while Etsy tumbled on a CEO transition. Hormel Foods slid on cost pressures and plant disruption. Oil and gold futures rose; the dollar gained versus the euro and pound but weakened vs. the yen.

Which of the Latest 13F Filers Hold UNP (Union Pacific) – 03/31/2025

October 29, 2025, 1:37 PM EDT. Shares among 13F filers show a diverse picture for Union Pacific Corp (UNP) as of 03/31/2025. Our review of the latest batch of 13F filings reveals that UNP was held by 10 of the 20 funds examined. While 13F data omits shorts, the aggregate across groups can illuminate sentiment shifts. From 12/31/2024 to 03/31/2025, one fund increased its UNP stake, six reduced theirs, and one opened a new position. Across all funds tracked (out of 1,420), aggregate UNP holdings declined roughly -6.1%, from 12,432,834 to 11,674,777 shares. The data highlight how group actions can produce meaningful ideas, even if individual 13F filings can be misleading. Expect ongoing coverage of hedge fund activity in UNP and other names.

Fed meeting live updates: Traders expect a 25 bps cut, watching for December guidance

October 29, 2025, 1:34 PM EDT. Live updates show the Fed widely expected to cut 25 basis points to a 3.75%-4.00% range at 2 p.m. ET. Traders will scrutinize FOMC unity and whether officials signal another cut in December amid a government shutdown that has paused key data. Powell's 2:30 p.m. press conference will likely focus on the labor market, with Bank of America noting he may refrain from committing to December given limited official data. An uptick in ADP payrolls adds nuance. Beyond the rate move, the Fed is set to discuss ending quantitative tightening as part of a broader balance-sheet review. Markets will parse the statement for clues on the policy path after this meeting.

Fiserv stock plunges over 44% after weak Q3 results and cut to growth forecast

October 29, 2025, 1:32 PM EDT. Fiserv Inc. shares fell more than 44% after the Q3 results missed estimates and the company slashed its full-year growth forecast for the second straight quarter. The miss centered on the merchant solutions and financial solutions units, with adjusted EPS of $2.04 and revenue of $4.92 billion vs. estimates of $2.64 and $5.36 billion. Management attributed weakness to currency moves in Argentina and higher rates, while signaling a strategic shift away from short-term revenue goals. A sweeping management overhaul followed, including a new CFO and two co-presidents. The drop weighed on rivals and rekindled concerns about growth momentum and Clover's trajectory.

Dollar Rises as Trade Tensions Ease; Markets Anticipate FOMC Rate Cut and End of QT

October 29, 2025, 1:30 PM EDT. The dollar edged higher (+0.18%) as easing trade tensions support growth. A U.S.-South Korea pact envisions about $150 billion in shipbuilding investments and caps tariffs at 15%, while President Trump signaled possible tariff reductions on Chinese goods amid fentanyl concerns. Yet gains are tempered by expectations the FOMC will cut rates by 25 bps today and end quantitative tightening (QT), a move that could lift stocks and bonds. The US government shutdown remains a drag on sentiment, though markets price roughly 115 bps of cuts by end-2026. Negotiations with China also show progress-no full tariff threat and commitments on rare earths and soybeans-which could temper safe-haven demand.

Stocks Rally as Fed Rate Cut Bets Lift Major Averages

October 29, 2025, 1:28 PM EDT. Stocks climbed as traders priced in a 25 bp rate cut and a likely halt to quantitative tightening, lifting the major indices to new highs. The S&P 500, Dow Jones, and Nasdaq 100 rose around 0.2%-0.4% alongside futures, with Nvidia surging about 4% on AI/semiconductor optimism. Traders weighed dovish signals and a potential easing in US-China tensions after tariff discussions, while a new US-Korea trade deal supported industrials. The market-implied odds showed another 25 bp rate cut in December remained likely, with expectations of a cumulative cut of roughly 115 bps by end-2026. Mortgage activity rebounded, though the sector faces mixed signals from the rate outlook.

MSTY, ASMG: Major ETF Outflows Highlight YieldMax MSTR and ASML Leverage Funds

October 29, 2025, 1:27 PM EDT. Among ETFs tracked by ETF Channel, the biggest week-over-week outflow was in the YieldMax MSTR Option Income Strategy ETF, with 9,875,000 units destroyed, a 3.4% decline. In percentage terms, the Leverage Shares 2X Long ASML Daily ETF led outflows, shedding 375,000 units for a 38.7% drop in outstanding shares versus the prior week. The moves underline ongoing investor caution around leveraged and option-strategy vehicles. Liquidity and redemption dynamics may continue to shape exposure to momentum and income strategies. Watch how flows affect names in focus, including MSTY and ASMG, as the latest data feeds into headlines and trading decisions.

Qualcomm Targets AI Data Center Market: Implications for QCOM Stock

October 29, 2025, 1:24 PM EDT. Qualcomm is expanding beyond mobile into the AI data center market, aiming to capitalize on a secular growth theme. If chipmakers win designs for AI accelerators, servers, and edge deployments, the move could become a fresh growth driver for QCOM stock over the next decade. Key questions for investors include product specifications, performance versus rivals, and customer adoption. A differentiated offering tied to 5G/edge connectivity and energy efficiency could support upside, but execution risk and a competitive field temper expectations. The market will be watching for partnerships, data center throughput, and how Qualcomm translates new designs into sustainable cash flow. In short, the story centers on opportunity in AI data centers and what it could mean for long-term investors in Qualcomm.

SQQQ Leads ETF Inflows; BWET Surges in Unit Count

October 29, 2025, 1:22 PM EDT. Among ETFs tracked by ETF Channel, the biggest inflow was in the ProShares UltraPro Short QQQ (SQQQ), which added 14,900,000 units, a 7.1% week-over-week increase. On a percentage basis, the Breakwave Tanker Shipping ETF (BWET) posted the largest inflow, up 40.0% with an additional 50,000 units. The data underscore continued appetite for bearish QQQ exposure and shipping-focused strategies in the ETF space.

KeyCorp KEY: December 2026 Options Open for Trading with YieldBoost Picks

October 29, 2025, 1:20 PM EDT. Investors in KeyCorp (KEY) saw new December 2026 options begin trading. A put at the $13.00 strike bids 0.71, offering a potential cost basis of about $12.29 if sold to open, roughly a 25% discount to the current price and an estimated 78% chance the contract expires worthless per Stock Options Channel's YieldBoost. On the call side, a $22.00 strike covered call could yield about 29.45% total return if KEY is called away at expiration, assuming a purchase near $17.42. The analysis highlights premium collection, upside risk, and the importance of tracking greeks and the trailing twelve months; a contract-detail chart will be published on the site.

FCPT Enters Oversold Territory as RSI 29.3 Signals Potential Entry for Dividend Investors

October 29, 2025, 1:19 PM EDT. Four Corners Property Trust (FCPT) has slipped into oversold territory after an RSI of 29.3, with shares trading as low as $26.36. Dividend Channel's coverage ranks FCPT in the top 25% of its universe, highlighting a stock that blends solid fundamentals with attractive valuation. The recent annualized dividend of $1.33 per share yields roughly 4.93% at the current price of $26.99. A bullish case could see the oversold condition exhausting itself as momentum stabilizes, prompting entry points for dividend investors. Prospective buyers should examine FCPT's dividend history and payout consistency, along with fundamentals, before acting. Overall, the setup combines a favorable yield with a technical pullback, making FCPT worth watching for a potential rebound.

YieldBoost FCX: Increase Yield From 0.7% to 5% With January 2028 Covered Call

October 29, 2025, 1:16 PM EDT. Shareholders of FCX can implement a January 2028 covered call at the $65 strike to collect a premium near $4.10, annualizing to about 4.3% extra yield for a total near 5% if the stock stays below the strike. Should FCX rise above $65, upside beyond the strike is capped, requiring roughly a 52.8% rally to be called away; in that case investors could lock in about 62.4% from the trade plus any dividends. The piece also notes that dividend amounts are not guaranteed and highlights FCX's trailing 12-month volatility around 49% as a factor in risk/reward. It references fundamental and chart analysis to assess whether the yieldboost trade offers good reward relative to risk.

YieldBoost Skyworks Solutions to 14.6% With March 2026 Covered Call on SWKS

October 29, 2025, 1:14 PM EDT. Investors in Skyworks Solutions Inc (SWKS) can boost income beyond the stock's ~3.5% dividend by selling the March 2026 covered call at the $100 strike. The $3.60 bid premium annualizes to ~11.2%, delivering a total ~14.6% annualized return if the stock stays below $100. If called away, upside beyond $100 is forfeited, but the shares would have to rally about 20.5% from today. The scenario assumes a current price near $82.35 and roughly 51% trailing volatility. The approach blends dividends with option premium for a YieldBoost, but risks include giving up upside beyond the strike. As always, evaluate dividend durability and volatility before implementing this strategy, and note it's one among several covered-call ideas highlighted by StockOptionsChannel.

YieldBoost for Loews (L): 1.3% Potential via March 2026 Covered Call at $115

October 29, 2025, 1:12 PM EDT. Loews Corp. (L) shareholders can boost income beyond the 0.3% dividend by selling the March 2026 covered call at the $115 strike. The $0.40 bid premium annualizes to about 1.1%, for a total potential yield of 1.3% if the stock stays below $115. If L is called away, upside above $115 is forfeited, but the stock would need only about 17.6% to trigger that, implying roughly an 18% return in the called scenario plus any dividends collected beforehand. The setup depends on dividend stability and volatility-trailing twelve-month volatility cited around 21%. Data come from StockOptionsChannel; market context notes recent high call-volume versus puts.

TSCO Drops Below 200-Day Moving Average as Shares Slide

October 29, 2025, 1:10 PM EDT. Tractor Supply Co. (TSCO) slipped through its 200-day moving average at about $204.22, trading as low as $199.89 on Tuesday and down roughly 6.5%. The chart shows a year of price action relative to the DMA, with the stock near the last trade around $200.36. The 52-week range spans a low of $148.43 and a high of $239.86. DMA data cited from TechnicalAnalysisChannel.com. Investors will watch whether the break below the 200-day MA acts as a near-term hurdle or signals further weakness.

Climate Risk Disclosure Broadens Ownership and Improves Liquidity, Study Finds

October 29, 2025, 1:06 PM EDT. A working paper from NTU, Manchester, UCLA, Nottingham and SDSU finds that greater climate risk disclosure helps stocks trade more smoothly by broadening ownership, boosting liquidity and aligning prices with fundamental value rather than sentiment. In polarized U.S. markets, factual disclosures may be especially valuable, attracting a wider mix of investors-optimists and pessimists alike-who recalibrate their theses with more concrete data. More disclosure also expands the pool of lendable shares, facilitating short selling, which can raise trading volume and improve market quality. Importantly, the analysis is agnostic about the news (good or bad) and focuses on the act of disclosure itself and its knock-on effects on ownership, liquidity, and price discovery. The study tracks disclosures via 10-K filings.

Toll Brothers (TOL) December 2026 Options: 130 Put and 145 Call YieldBoost Plays

October 29, 2025, 1:04 PM EDT. New Toll Brothers (TOL) December 2026 options began trading, offering a ~415-day horizon for buyers and sellers. YieldBoost flags a 130.00 put bid near 13.50; selling to open could set a cost basis of about $116.50 versus a $137.71 current price, a ~6% discount. With the strike roughly 6% OTM, the odds of expiring worthless hover around 67%, implying a potential 10.38% immediate return on cash (9.13% annualized) if the put expires worthless. On the call side, the 145.00 strike bid sits near 18.30; a covered call, buying TOL at $137.71 and selling the 145.00 call, could yield about 18.58% total return if called away. The piece notes charts and fundamentals; the last line points to a roughly 5% premium.

December 2026 Options Now Open for Bank of New York Mellon (BK): Focus on $95 Put & $115 Call

October 29, 2025, 1:03 PM EDT. Bank of New York Mellon Corp (BK) now has new December 2026 options with about 415 days to expiration. A $95 put bids around $4.00, implying a cost basis of about $91.00 if sold to open, roughly a 12% discount to the current price and a roughly 73% chance the option expires worthless, per YieldBoost. That could yield about 4.21% on cash, or 3.70% annualized if held to expiration. On the call side, the $115 strike bids around $8.00; in a covered call setup bought at roughly $107.42, selling the call offers about 14.50% total return if called away at expiry. The article includes charts highlighting where the strikes sit in BK's trailing twelve months and fundamentals.

Johnson Controls (JCI) Debuts December 2026 Options: Notable Put at $110 and Covered-Call at $120

October 29, 2025, 1:01 PM EDT. Investors in Johnson Controls International (JCI) now have active December 2026 options. With roughly 415 days to expiry, the new contracts offer time-value advantages for option sellers. The $110 put shows a current bid of $10.50, implying a cost basis of $99.50 if sold to open and assigned. The put sits about 3% out-of-the-money, with 63% odds of expiring worthless and a hypothetical 9.55% pre-commission return (8.39% annualized) as tracked by YieldBoost. On the call side, the $120 call has a bid of $11.80; a covered call scenario – buying JCI at $113.48 and selling the call – could yield 16.14% if called away. Chart and fundamentals context accompany the analysis.

December 2026 Kroger (KR) Options Open: YieldBoost Highlights $65 Put and $67.50 Call

October 29, 2025, 12:58 PM EDT. Investors in Kroger Co (KR) now have long-dated options for the December 2026 expiration. With roughly 415 days to expiration, the new contracts offer potential premium opportunities for option sellers. Stock Options Channel's YieldBoost highlights a put at the $65.00 strike with a current bid of $3.50, implying a cost basis of $61.50 if sold to open. The $65 put is about a 3% discount to the current price, giving about a 63% chance the contract expires worthless, translating to a 5.38% return on cash (about 4.74% annualized). On the call side, the $67.50 strike has a bid of $6.00; selling a covered call could yield about 9.90% total return if KR is called at expiration. Charts and fundamentals context accompany the data.

Stocks, dollar rise ahead of Fed decision as megacap earnings loom

October 29, 2025, 12:54 PM EDT. Global stocks climbed for a fifth straight session while the U.S. dollar advanced ahead of the Federal Reserve policy announcement and megacap earnings. The Dow, S&P 500, and Nasdaq touched records as optimism about cooling U.S.-China tensions, expected rate cuts, and AI-driven spending supported sentiment. Markets priced in roughly a 97.8% chance of a 25 bp cut, even as data remained sparse amid the government shutdown. Analysts described a "Goldilocks" backdrop-solid growth with a soft labor market-as the Fed outlines its path for rates and QT. Nvidia surged toward a $5 trillion valuation as it and other megacaps like Microsoft, Alphabet, and Meta prepare earnings. The dollar edged higher but showed mixed moves across currencies.

December 2026 MDT Options Now Trading: Puts at 90 and Calls at 92.50 With YieldBoost

October 29, 2025, 12:52 PM EDT. Medtronic MDT options for the December 2026 expiration began trading, offering ~415 days until expiration. A notable put: strike 90 with bid 5.40, creating a cost basis of 84.60 if sold to open, roughly 2% below the current price around 91.68. The odds of the put expiring worthless are about 60%, implying a ~40% chance it finishes in the money. The YieldBoost data show a 6.00% return on cash (5.28% annualized) for a successful premium, excluding commissions. On the call side, the 92.50 strike has bid 7.00; selling as a covered call at 91.68 could yield ~8.53% total return if MDT is called away at expiration. Investors should weigh fundamentals alongside these strike levels.

Caterpillar Leads Dow Movers as Boeing Dips; NVIDIA Rises

October 29, 2025, 12:46 PM EDT. Early Wednesday trading saw Caterpillar (CAT) at the top of the Dow Jones Industrial Average movers, up about 9.8%. Its year-to-date gain sits near 58.7%. The index's worst performer for the day was Boeing (BA), down roughly 3.0%, though it remains up about 22.4% year to date. Other notable moves include Sherwin-Williams down about 1.6% and NVIDIA up around 4.3%. Video recap: Dow Movers: BA, CAT.

Teradyne Surges as Fiserv Leads S&P 500 Movers; Verisk and Seagate Also In Focus

October 29, 2025, 12:44 PM EDT. In early trading, Teradyne leads the S&P 500 movers, rising about 14.8%, with a YTD gain near 31.6%. On the downside, Fiserv is the day's worst performer, sliding roughly 46.0%, and is down about 66.8% year to date. Also moving: Verisk Analytics, down about 14.1%, and Seagate Technology Holdings, up around 13.4%. The brief snapshot highlights mixed sentiment across components as traders weigh earnings, guidance, and macro factors. Video note: S&P 500 Movers: FI, TER.

Morning News Wrap-Up: Wednesday's Top Market Movers and Trends

October 29, 2025, 12:42 PM EDT. Wednesday's Morning News Wrap-Up tracks a choppy session for U.S. stocks as investors weigh inflation signals, Fed commentary, and the latest earnings from major tech names. The market boosted on signs of cooling price pressures but kept a wary eye on growth outlooks and rate expectations. Traders rotated among defensive and cyclical plays as the macro backdrop remained uncertain and geopolitical headlines influenced sentiment. In focus were semiconductors, AI hardware, and renewables beneficiaries as demand narratives evolved. The piece notes a long-standing caveat: backtested performance is illustrative and not a guarantee of future results, underlining the importance of fees, liquidity, and execution in real trading.

Bank of America upgrades Cameco on U.S. government nuclear deal; targets $130

October 29, 2025, 12:40 PM EDT. Bank of America has a Buy rating on Cameco (CCJ) and lifted its price target to $130, signaling about 21.6% upside for the U.S.-listed shares from Tuesday's close. The upgrade accompanies a reported $80 billion deal with the U.S. government to build several nuclear reactors alongside Westinghouse and Brookfield Asset Management. The move aligns with President Trump's May executive orders to revitalize uranium production and strengthen the U.S. fuel supply chain, creating durable tailwinds for Cameco. Analysts cite potential upside from higher mine throughput and robust demand in the nuclear cycle, though slower growth could temper gains. With 12 of 14 analysts rating it a buy or strong buy, CCJ has surged about 133% in six months.

Garmin (GRMN) Breaks Below 200-Day Moving Average

October 29, 2025, 12:38 PM EDT. Garmin Ltd (GRMN) breached its 200-day moving average of 219.16, trading as low as 213.36 and down about 11.9% on the day. The last trade sits near 216.49, with a 52-week range of 169.26 to 261.69. The break below the DMA could signal near-term weakness or set up a potential rebound if buyers step in at support. DMA data are cited from TechnicalAnalysisChannel.com. Traders will monitor whether the move accelerates toward prior support levels or prints a reversal as catalysts unfold.

National Fuel Gas Stock Breaks into Oversold Territory With RSI at 29.5

October 29, 2025, 12:36 PM EDT. National Fuel Gas Co. (NFG) slid into oversold territory as its RSI dropped to 29.5. The indicator suggests momentum exhaustion, especially since the energy group's average RSI sits around 53.9. Benchmark levels show WTI Crude Oil and Henry Hub Natural Gas near the mid-50s, while the 1-year chart shows a 52-week low of $58.82 against a 52-week high of $94.13; the latest print was about $79.16. A bullish angle argues for a potential near-term rebound and a possible buy entry point if price action flags near support. The stock was down roughly 1.4% on the day. Investors may monitor for a continued oversold unwind and compare to other oversold energy names.

TFC December 2026 Options Spotlight: $35 Put and $45 Call

October 29, 2025, 12:34 PM EDT. Truist Financial Corp (TFC) options have opened for the December 2026 expiration, about 415 days out. The standout contracts: a $35 put bid at $1.95, which lets a seller take on stock at $35, with a cost basis of $33.05 if assigned (before commissions). With the current price around $44.03, this strike is roughly a 21% discount and the odds of expiring worthless are about 76% per YieldBoost, potentially delivering a 5.57% return on cash (about 4.90% annualized). On the upside, the $45 call bid at $4.00 offers a covered call: buy at $44.03 and sell to open at $45, about 11.29% total return if called away. Chart pages will track these odds over time.

QSR Crosses Below 200-Day Moving Average as Shares Slide

October 29, 2025, 12:32 PM EDT. Restaurant Brands International (QSR) slipped after trading below its 200-day moving average of $65.95 on Wednesday, dipping to a session low near $65.58 and last around $65.65, roughly 1.5% lower. The move marks a break from the long-term trend, with the stock's 52-week range spanning $58.71 to $72.32. The chart shows QSR's performance over the past year versus the moving average. Traders will watch whether this cross signals further downside or a backtest of support near the 200-day MA. A rebound could reestablish the trend, while additional weakness might follow if sellers resume control.

Veralto (VLTO) RSI Drops to 29.7 into Oversold Territory; Possible Near-Term Rebound

October 29, 2025, 12:29 PM EDT. Veralto Corp (VLTO) today traded into oversold territory as the Relative Strength Index (RSI) slipped to 29.7, below the 30 threshold. The stock dipped to about $104.92 intraday, versus a SPY RSI of 65.0. A sub-30 reading can suggest momentum exhaustion and a potential near-term bounce for a buyer, though not guaranteed. VLTO's 52-week range spans $65.51-$115, with a last trade around $104.98, highlighting a pullback from highs yet still above year-ago levels. Traders may monitor for a possible entry point if momentum stabilizes, while considering broader market conditions and the company's fundamentals.

Equity Residential (EQR) RSI Oversold Signals Potential Entry + Dividend Rank

October 29, 2025, 12:27 PM EDT. Equity Residential (EQR) sits in the top half of Dividend Channel's DividendRank universe, signaling strong fundamentals paired with an attractive valuation. On Thursday, EQR traded as low as 70.225, pushing its RSI to 29.9 – firmly in oversold territory. The stock's annualized dividend of 2.7 per share yields about 3.65% at recent prices. A falling price can improve income opportunities for dividend investors, while the oversold RSI may precede a near-term rebound if momentum stabilizes. Investors should review EQR's dividend history and fundamentals alongside the chart to decide whether now is a compelling entry point.

Stocks Rally to Record Highs as Trade Tensions Ease and Fed Outlook Turns Dovish

October 29, 2025, 12:24 PM EDT. US stock indexes extended gains to record highs as easing global trade tensions underpin risk assets. The S&P 500 (+0.32%), Dow Jones Industrials (+0.40%), and Nasdaq 100 (+0.47%) rose to fresh peaks, with futures pointed higher. Traders priced in a dovish tilt from the Fed, awaiting the conclusion of the FOMC meeting and a likely -25 bp cut to 3.75-4.00%, plus expectations of halting quantitative tightening. A potential end to QT would bolster liquidity and underpin equities. The rally was helped by strength in semiconductors led by Nvidia (+4%), a possible relaxation of tariffs on Chinese goods, and a US-Korea trade deal announcement. Investors also note awaiting commentary from Powell and the broader policy path.

Wall Street hits record high as Nvidia crosses $5T; traders eye Fed, big tech earnings

October 29, 2025, 12:18 PM EDT. Stocks surged as Nvidia crossed a $5 trillion market cap, pushing Wall Street to a fresh record high. Investors priced in expectations for the Fed decision and a flood of results from major tech names. The session featured gains in mega-caps and rotation into high-growth names, with attention on chip demand, AI catalysts, and economic data. While enthusiasm remains, investors watch for guidance as earnings season intensifies. Traders balanced optimism with caution ahead of the Fed policy update and potential sector rotations.

CF Industries December 2026 Options Spotlight: 82.50 Put and 87.50 Call YieldBoost

October 29, 2025, 12:16 PM EDT. CF Industries Holdings Inc (CF) began trading new December 2026 options, offering long-duration strategies. With about 415 days to expiry, the YieldBoost analysis on Stock Options Channel flags a put at the $82.50 strike (bid around $9.70). Selling to open would imply a cost basis of about $72.80 for CF shares, about a 3% discount to the current price, with a roughly 62% chance the option expires worthless and an expected 11.76% return on cash (10.34% annualized) if it does. On the call side, the $87.50 strike (bid $10.00) suggests a covered call could yield about 14.33% total return if the stock is called away at expiry, assuming the stock is purchased near $85.28. The analysis notes the 3% premium and emphasizes tracking odds over time.

AMT December 2026 Options Open: 180 Put and 185 Call Highlight YieldBoost Opportunities

October 29, 2025, 12:14 PM EDT. American Tower Corp (AMT) has new December 2026 options, about 415 days to expiration. YieldBoost on Stock Options Channel flags a put at the $180 strike with a bid of $17.40, allowing sellers to lock a cost basis of $162.60 if opened, versus a current price around $182.39. The estimated odds of the put expiring worthless are about 57%, with a potential 9.67% return on cash (8.50% annualized). On the call side, the $185 strike bid is $17.50. A covered call using shares near $182.39 could yield about 11.03% total return if the stock is called away at expiration. Stock Options Channel tracks these dynamics with contract-detail charts.

Cloudflare (NET) December 2026 Options Debut Offer YieldBoost Potential

October 29, 2025, 12:12 PM EDT. Investors in Cloudflare Inc (NET) now have new December 2026 options. A $220 put bids at $42.20, allowing a sell-to-open to acquire shares at about a $177.80 cost basis (before commissions) versus the current price near $224.31. With the strike roughly 2% out-of-the-money, the odds of the put expiring worthless sit around 66%, implying a 19.18% return on cash if it expires worthless and a 16.87% annualized yield (YieldBoost). On the call side, the $250 call bids at $43.60; a covered call (buy NET, sell the call) could deliver about 30.89% total return if shares are called away at December 2026 expiration. Stock Options Channel will track these metrics, including greeks, over time.

HLT December 2026 Options Begin Trading: Put and Covered-Call Setups Spotlighted

October 29, 2025, 12:08 PM EDT. In 415 days until expiration, Hilton Worldwide Holdings Inc (HLT) has new December 2026 options, offering potential premium opportunities for option sellers. Stock Options Channel's YieldBoost highlights a $250 put with bid ~$18.70, implying a cost basis of about $231.30 if sold to open. The strike is roughly 4% below the current price, giving ~66% odds the option expires worthless, and a 7.48% return on cash (6.58% annualized). On the call side, a $280 call bid of about $24.00 suggests a covered call setup if you own HLT at around $260.82, estimated to yield ~16.56% if shares are called away at expiration. Charts and fundamentals help contextualize the setup, including trailing history for HLT.

AEP December 2026 Options Open: $120 Put and $125 Call Highlight New Chain

October 29, 2025, 12:06 PM EDT. Investors in American Electric Power Co. (AEP) saw new December 2026 options begin trading, with ~415 days to expiry. The put at the $120.00 strike bids around $6.50, implying a cost basis of about $113.50 if sold to open. That's roughly a 2% discount to the current stock price, and odds of the put expiring worthless sit near 58% per Stock Options Channel's YieldBoost metrics. If the contract expires worthless, the premium yields about 5.42% on cash, or 4.76% annualized. On the call side, the $125.00 strike bids around $7.00; a covered call by buying AEP at $122.06 and selling the call could deliver about 8.14% total return if shares are called away. Charts and odds tracking will be updated.

GPN December 2026 Options Spotlight: Put at 75 and Covered Call at 90

October 29, 2025, 12:04 PM EDT. Global Payments Inc (GPN) introduced new December 2026 options, roughly 415 days to expiration, creating opportunities for option sellers and covered-call writers. The standout put is the $75 put with a current bid of $7.60; selling to open yields a $67.40 effective cost basis if assigned, about a 7% discount to the current stock price of $80.59. The odds it expires worthless are shown around 68%, with YieldBoost signaling a 10.13% return on cash (about 8.9% annualized). On the call side, the $90 call bid is $9.80; a covered call starting from $80.59 could deliver a total return of 23.84% if called away at expiration. StockOptionsChannel will track these odds over time and publish updates on the contract detail pages.

RDY Crosses Below Key 200-Day Moving Average

October 29, 2025, 12:02 PM EDT. Dr. Reddy's Laboratories Ltd. (RDY) stepped below its 200-day moving average of $53.79 on Thursday as the stock traded as low as $53.53 and slid about 2.3% on the session. The stock was near $53.48 at last check, with the 52-week range spanning $47.88 to $65.86. The chart shows RDY under the longer-term trend after the break, a potential bearish signal to traders watching the moving average as a dynamic support. Traders may monitor whether the shares can reclaim the 200-day MA or test near nearby support within the 52-week range.

JNK Sees $225 Million Outflow WoW, Highlighting Flow Pressure in High-Yield Bond ETF

October 29, 2025, 12:01 PM EDT. The SPDR Bloomberg High Yield Bond ETF, ticker JNK, saw an approximate $225.1 million outflow-a 3.1% week-over-week decline in shares outstanding, dropping from 72,070,000 to 69,870,000 units. The move adds to ongoing flow dynamics in the high-yield bond space. The ETF's 52-week range runs from $99.43 to $110.14, with a last trade near $102.34. Analysts often compare the price to the 200-day moving average as a trend gauge in this sector. This outflow is one of several notable ETF shifts reported this week.

IJH Inflows Drive Week-Over-Week Growth for iShares Core S&P Mid-Cap ETF

October 29, 2025, 11:58 AM EDT. The iShares Core S&P Mid-Cap ETF (IJH) posted a notable week-over-week inflow, adding about $194.7 million and lifting outstanding units from 241.4 million to 242.1 million (+0.3%). Among its top holdings today, Molina Healthcare (MOH) rose ~0.1%, Camden Property Trust (CPT) fell ~0.5%, and Cognex Corp (CGNX) slipped ~0.8%. For a full holdings list, see the IJH page. The chart shows a 52-week range of $232.55 to $292.05, with a last trade near $276.32. The 200-day moving average remains a useful reference for IJH. ETFs trade like stocks but units can be created or destroyed to meet demand, and large flows can influence underlying holdings.

IWF Leads Notable ETF Inflows as Uber, Lam Research and Booking Holdings Move

October 29, 2025, 11:56 AM EDT. Weekly ETF flow data show the IWF (iShares Russell 1000 Growth ETF) chalking an approximate $318.2 million inflow, a 0.3% week-over-week rise in outstanding units (from 258.4M to 259.05M). Among IWF's top holdings, UBER climbs ~0.5%, LRCX gains ~3.3%, while BKNG slips ~0.7%. The fund's price sits near its 52-week high of $493 after a low of $308.67, with the last trade around $492.15, and the chart highlights the 200-day moving average as a reference point. These flows reflect unit creation and destruction and can influence demand for underlying components. For a full holdings list, see the IWF holdings page.

SHYG Inflows: $155.7M Uptick and 2.4% WoW Rise in ETF Units

October 29, 2025, 11:54 AM EDT. Week-over-week, the iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) posted a notable inflow of about $155.7 million, a 2.4% rise in outstanding units (from 147.1 million to 150.7 million). The move highlights continued demand for near-term high-yield corporate bonds. On the chart, SHYG traded around the last price of $43.27, near the 52-week high of $43.4499, with a low of $41.6025 over the year and a view toward the 200-day moving average. As created/destroyed units reflect investor demand, such inflows can influence the ETF's underlying holdings. Readers can explore nine other ETFs with notable inflows in the same period.

JPMorgan Income ETF JPIE Sees $229M Inflow; 6.8% WoW Rise in Outstanding Units

October 29, 2025, 11:52 AM EDT. JPMorgan Income ETF (JPIE) posted a notable inflow this week, adding about $229.3 million to its float, a 6.8% week-over-week rise in outstanding units (from 74,040,000 to 79,050,000). The data highlights momentum in units as price action compares against its 200-day moving average and its 52-week range of $45.01 to $46.43, with a last trade near $45.76. The increase in units indicates new creations to meet demand, which can influence the ETF's underlying holdings as managers rebalance. ETFs trade like stocks, with units created or destroyed to accommodate demand. The report also notes other ETFs with notable inflows.

CLH crosses below 200-day moving average level

October 29, 2025, 11:50 AM EDT. Clean Harbors Inc (CLH) slid below its 200-day moving average of $225.98 on Wednesday, trading as low as $212.94 and off about 9.5% for the session. The chart shows CLH's one-year performance versus the 200-day average. The stock's 52-week range runs from $178.29 to $265.72, with the latest trade at $222.59. A break toward the 200-day line could keep the stock near-term under pressure, as traders assess whether the level acts as resistance or a potential base for a rebound.

Vanguard Real Estate ETF VNQ Falls Below 200-Day Moving Average

October 29, 2025, 11:48 AM EDT. Shares of VNQ slipped to as low as $89.58 after crossing below the 200-day moving average of $90.05 on Wednesday, down about 1.3% for the session. The ETF's 52-week range spans $76.92 to $99.20, with the latest trade near $89.70. A close below the 200-day moving average can signal near-term softness for real estate exposure, though investors will want to watch whether the zone around $90 acts as resistance. The chart shows a one-year performance relative to the moving average. Keep an eye on volume and any follow-through in coming sessions.

Coca-Cola (KO) Price Prediction and Forecast 2025-2030 (November 2025)

October 29, 2025, 11:45 AM EDT. KO remains a dividend king with a strong track record, appealing to income and growth investors. The shift from fizzy drinks to non-carbonated beverages and the Costa Coffee acquisition broaden Coca-Cola's menu, boosting resilience. Investment in digital assets is driving operational efficiency and cost reductions. Recent results show a solid Q3 beat on both revenue and earnings, underscoring upside potential as the company expands in Argentina with a multi-billion investment and strengthens logistics, while India rises to become Coca-Cola's fifth-largest market by volume. If macro conditions hold, expect continued margin expansion and a gradual price trajectory supported by the dividend and global brand reach, though volatility may persist as markets evaluate growth in emerging markets and consumer trends through 2025-2030.

Fiserv stock plunges 44% after cutting guidance and leadership reshuffle

October 29, 2025, 11:40 AM EDT. Shares of Fiserv tumbled about 44% as the fintech cut its full-year outlook and triggered a leadership reshuffle. The company now sees adjusted earnings of $8.50-$8.60 a share for the year, down from $10.15-$10.30, while revenues are expected to rise just 3.5%-4% versus a prior 10% view. Adjusted earnings came in at $2.04 per share, well below the LSEG consensus of $2.64, as revenue reached $4.92 billion, shy of a $5.36 billion estimate. Alongside results, Fiserv announced executive and board changes, including Takis Georgakopoulos becoming co-president, a new CFO, and three new directors. The stock will move from the NYSE to the Nasdaq next month under ticker FISV.

Wheat Mixed Early on Wednesday as CBOT, KC and MPLS Futures Edge Higher

October 29, 2025, 11:38 AM EDT. Wheat is trading mixed midweek after a higher close across the three exchanges on Tuesday. CBOT soft red wheat posted 3 to 5.5 cent gains, while KC hard red winter futures were 5.5 to 6.25 cents higher. MPLS spring wheat futures added 1.5 to 2.5 cents. Open interest fell by about 6,475 contracts on Tuesday. The latest Crop Progress report was delayed by the government shutdown; traders are eyeing that about 84% of winter wheat was planted as of 10/26. Weather looks limited for precip, with 1-2 inches expected in parts of the SRW region. European data show 2025/26 soft wheat exports at 6.25 MMT from July 1 to Oct 26, lagging last year. CBOT Dec 25 at $5.29; Mar 26 at $5.45 3/4.

Nvidia hits $5 trillion valuation on AI boom

October 29, 2025, 11:34 AM EDT. Nvidia became the first publicly listed company to reach a $5 trillion market capitalization, as investor bets on artificial intelligence pushed its stock higher. Shares rose to $210.11 in early trading, lifting the market cap to about $5.1 trillion-less than four months after it topped $4 trillion. The rally is powered by demand for GPUs used in AI and gaming, with Nvidia signaling new products and partnerships with OpenAI and Palantir. Analysts such as Dan Ives of Wedbush cautioned about a possible AI-driven bubble, though many say the run is grounded in thick cash flow and solid business models. The broader market has climbed, with the S&P 500 at record highs amid the AI-news cycle.

Nvidia tops $5 trillion as Fed decision looms and stocks edge higher

October 29, 2025, 11:32 AM EDT. Stocks edged up ahead of the Federal Reserve's policy decision, with the S&P 500, Dow, and Nasdaq edging higher. Nvidia surged to lift the market, becoming the first company valued at $5 trillion as investors eye AI demand. Caterpillar and Teradyne led gains after stronger results, while Fiserv slumped on a disappointing forecast and leadership changes. Mondelez slipped despite solid quarterly results, as inflation cost pressures on cocoa persist. Traders are watching the Fed for hints on a December cut and the broader trajectory of interest rates, with the debate weighing on equities as the global outlook remains mixed. Abroad, markets were mixed with Tokyo at a record and Chinese stocks nudging higher ahead of U.S.-China talks.

Trailblazer Acquisition Corp. to Separately Trade IPO Units on Nasdaq Starting Oct 31, 2025 (BLZR, BLZRW)

October 29, 2025, 11:30 AM EDT. Trailblazer Acquisition Corp. announced that beginning Oct. 31, 2025, holders of the IPO units may elect to separately trade the Company's Class A ordinary shares and warrants. No fractional warrants will be issued; only whole warrants will trade. The separated shares and warrants will trade on the Nasdaq Global Market under the symbols BLZR (Class A ordinary shares) and BLZRW (warrants), respectively, while the remaining BLZRU units continue to trade on the Nasdaq Global Market. This move follows standard SPAC post-IPO structure and is subject to regulatory approvals.

Are the Nasdaq's Highest-Paying Dividend Stocks Worth Buying? A Quick Look at Kraft Heinz and Comcast

October 29, 2025, 11:28 AM EDT. While the Nasdaq 100 leans growth, a few names offer meaningful dividends. This look highlights two: Kraft Heinz with a 6.3% yield, but a history of impairment, a looming split, and questions about a true turnaround-potential value trap despite cheap price. Buffett has criticized the split as insufficient to fix the core challenges in processed foods. The second is Comcast at around a 4.5% yield; it faces structural headwinds in cable, is pivoting to broadband and wireless, and has seen only modest revenue growth. The piece frames whether income from these legacy brands justifies the investment risk and reminds readers that Nasdaq dividend stocks remain sparse compared with growth opportunities.

Soybeans Slide on Sell-the-Fact After Chinese Buying Rumors as Shutdown Hinders Export Data

October 29, 2025, 11:24 AM EDT. Soybeans are slipping this morning, down about 8-9 cents, after a rally built on buy-the-rumor chatter. Traders had pushed gains on Tuesday on rumors of China purchasing at least 180,000 MT, but prices retreated into the session's close. Open interest fell by 19,701 contracts, signaling fresh selling into the move. The cmdtyView national average Cash Bean price sits at $10.10 1/2. Soymeal futures are higher by about $6.20 to $8.50, while Soy Oil futures are down 16-51 points. With a Trump/Xi meeting looming, the market awaits clarity as the government shutdown restricts the weekly Export Sales report and daily sale announcements. Brazil's October exports are seen at about 7 MMT per ANEC.

Ex-Dividend Reminder: BUR, OSBC and AGNC Set to Trade Ex-Dividend on 10/31/25

October 29, 2025, 11:22 AM EDT. On 10/31/25, BUR, OSBC, and AGNC go ex-dividend ahead of their upcoming payouts. BUR pays a semi-annual dividend of $0.0625 on 12/4/25; OSBC pays $0.07 on 11/10/25; AGNC pays $0.12 on 11/12/25. Based on recent prices (roughly $11.11 for BUR), the ex-dividend pull is about 0.56% for BUR, 0.38% for OSBC, and 1.18% for AGNC. Current annualized yields are about 1.13% for BUR, 1.50% for OSBC, and 14.13% for AGNC. Dividends aren't guaranteed and can fluctuate; reviewing payout history can help assess ongoing yield potential.

Morgan Stanley to Acquire EquityZen in First Big Deal Under Ted Pick, Expanding Private Markets Trading

October 29, 2025, 11:20 AM EDT. Morgan Stanley said it will acquire EquityZen, signaling a push into private markets and pre-IPO trading. The deal, the bank's first under CEO Ted Pick, aims to capitalize on growing demand for secondary equity in fast-growing startups, offering clients liquidity before IPO and generating trading fees. EquityZen's platform connects employees and investors for private stock deals; Morgan Stanley expects to close early 2026 with about 50 staff joining. The move comes as unicorns stay private longer, with OpenAI cited as an example of demand. Executives described the integration as expanding Morgan Stanley's private markets ecosystem, providing capital markets insight, cap-table support, and liquidity solutions for wealthy clients.

Ex-Dividend Reminder: ORC, SKT, and NNN Set to Trade Ex-Dividend on 10/31/25

October 29, 2025, 11:16 AM EDT. On 10/31/25, three REITs go ex-dividend: Orchid Island Capital (ORC) with a $0.12 monthly payout, Tanger (SKT) with a $0.2925 quarterly payout, and NNN REIT (NNN) with a $0.60 quarterly payout. Based on recent prices, the ex-date yields are about 1.59% for ORC, 0.88% for SKT, and 1.44% for NNN, all else equal. If these dividends remain intact, the current annualized yields would be roughly 19.07% (ORC), 3.52% (SKT), and 5.77% (NNN). In intraday trading, ORC, SKT, and NNN were down about 1.4%, 0.8%, and 1.4% respectively. Review past dividend history to gauge sustainability and potential future yields.

Ex-Dividend Reminder: Emera, Alliant Energy and NiSource

October 29, 2025, 11:12 AM EDT. Dividend Channel notes that on 10/31/25, Emera (EMA), Alliant Energy (LNT) and NiSource (NI) go ex-dividend ahead of their upcoming quarterly payouts. Emera pays $0.7325 on 11/14/25, Alliant $0.5075 on 11/17/25, and NiSource $0.28 on 11/20/25. Based on EMA's recent price of $48.63, the ex-dividend move is about 1.51%; LNT about 0.75%; NI about 0.65%. Current annualized yields, if these dividends hold, would be roughly 6.03% (Emera), 2.99% (Alliant), and 2.58% (NiSource). Dividends aren't guaranteed and stock prices can move intraday after the ex-date.

Ex-Dividend Reminder: RioCan REIT, Upm Kymmene and Lamb Weston

October 29, 2025, 11:10 AM EDT. Ex-dividend reminders for RioCan Real Estate Investment Trust (RIOCF), Upm Kymmene Corp (UPMKF), and Lamb Weston Holdings Inc (LW) take effect on 10/31/25. RioCan pays a monthly dividend of $0.0965 (to be paid 11/7/25) with an implied yield near 8.42% based on a recent price around $13.75. Upm Kymmene declares a semi-annual dividend of $0.75 (11/7/25) implying about a 5.89% annual yield. Lamb Weston pays a quarterly $0.37 (11/28/25), about a 2.26% annual yield. As the ex-dividend dates approach, shares are expected to trade lower by roughly 0.70% for RioCan, 2.94% for Upm Kymmene, and 0.56% for Lamb Weston, all else equal. History helps assess payout sustainability; dividends are not guaranteed.

Ex-Dividend Reminder: NWN, CDRE and ZTS Set to Trade Ex-Dividend

October 29, 2025, 11:08 AM EDT. On 10/31/25, the ex-dividend date for three stocks – NWN (Northwest Natural Holding Co), CDRE (Cadre Holdings), and ZTS (Zoetis) – will trigger price adjustments by their upcoming dividends. NWN will pay a quarterly dividend of $0.4925 on 11/14/25; CDRE will pay $0.095 on 11/14/25; and ZTS will pay $0.50 on 12/2/25. Based on recent prices, these imply roughly 1.04% for NWN, 0.22% for CDRE, and 0.34% for ZTS in theory, all else equal. Review the dividend history to gauge stability and whether these yields can persist, with estimated annual yields around 4.18% for NWN, 0.88% for CDRE, and 1.38% for ZTS.

Ex-Dividend Reminder: VRTS, ADC and APLE – Upcoming Payouts, Yields and Open Price Moves

October 29, 2025, 11:06 AM EDT. On 10/31/25, Virtus Investment Partners (VRTS), Agree Realty (ADC) and Apple Hospitality REIT (APLE) go ex-dividend. Virtus pays a quarterly dividend of $2.40 on 11/14/25; ADC pays $0.262 monthly on 11/14/25; APLE pays $0.08 monthly on 11/17/25. Based on recent prices, the ex-dividend drop implies about 1.42% for VRTS, 0.35% for ADC, and 0.69% for APLE at the open. Current implied annual yields are about 5.68% (VRTS), 4.25% (ADC) and 8.33% (APLE). Traders saw the stocks modestly lower on the day (VRTS ~1.3%, ADC ~1.2%, APLE ~1.5%). For investors, reviewing the dividend history can help gauge payout sustainability under changing profits.

Ex-Dividend Reminder: CSW Industrials, Western Midstream Partners & Genesis Energy

October 29, 2025, 11:04 AM EDT. On 10/31/25, the ex-dividend dates for CSW Industrials Inc (CSW), Western Midstream Partners LP (WES), and Genesis Energy L.P. (GEL) precede their 11/14/25 dividend payments. CSW will pay $0.27, WES $0.91, and GEL $0.165 per share. Based on current prices (CSW around $241.97), the implied ex-dividend dips are about 0.11% for CSW, 2.35% for WES, and 1.02% for GEL, all else equal. If these payouts hold, estimated annual yields are roughly 0.45% for CSW, 9.38% for WES, and 4.08% for GEL. Note that dividends are not guaranteed and depend on earnings and board decisions. Investors may review dividend histories to assess sustainability.

Enterprise Products Partners (EPD) Ex-Dividend Today: $0.535 Quarterly Dividend, ~6.85% Yield

October 29, 2025, 11:00 AM EDT. Enterprise Products Partners L.P. (EPD) is set to trade ex-dividend on 4/30/25 with a quarterly dividend of $0.535, payable on 5/14/25. At a recent price near $31.22, the yield sits around 6.85% annualized, implying a near-term decline of about 1.71% when shares open on ex-date. The stock's 52-week range is $27.37-$34.63, with the last trade near $31.46. In Monday trading, EPD was down about 0.3%. The ex-dividend event and historical payout pace can help gauge whether the current dividend is likely to continue. As always, dividend reliability depends on energy markets, with a long history for EPD. Investors may also monitor the 200-day moving average and recent performance trends.

Cotton Rallies on Wednesday Morning Ahead of Trump/Xi Talks in South Korea

October 29, 2025, 10:58 AM EDT. Cotton prices are higher on Wednesday morning as nearby futures climb about 84 points after Tuesday's gains. The move comes as traders await the Trump/Xi meeting in South Korea. Crude oil futures slipped about $1.13 to $60.16, while the U.S. dollar index edged lower by roughly 0.043 to 98.52. Market data show The Seam auction at 2,151 bales averaging 61.44 cents/lb; the Cotlook A Index sits at 75.60 cents; ICE certified stocks total 17,552 bales. Front-months were higher: Dec 25 at 65.05 (up 49), Mar 26 at 66.60 (up 53), and May 26 at 67.80 (up 50). Traders remain cautiously optimistic ahead of the key talks.

Nvidia Tops $5 Trillion as AI Boom Fuels Market Rally

October 29, 2025, 10:56 AM EDT. Nvidia surged to a $5 trillion market cap, the first company to reach that level as AI chip demand props up US stocks. On the open, Nvidia traded near $207.86 with 24.3 billion shares outstanding, underscoring the stock's investor fervor. CEO Jensen Huang cited a ravenous order flow, including $500 billion in chip orders, and a slate of partnerships: Uber on robotaxis and a $1 billion Nokia investment for 6G tech. Nvidia teams with the DOE to build seven AI supercomputers, and a OpenAI alliance could add at least 10 GW of Nvidia datacenters. Still, officials warn of an AI bubble risk amid euphoria and policy scrutiny.

Hogs Shift Focus to Wednesday After Weaker Tuesday Action

October 29, 2025, 10:54 AM EDT. Lean hog futures posted losses of 60 cents to as much as $1.57 on Tuesday, with open interest down 492 contracts as some longs liquidated. The USDA's national base hog price on Monday afternoon was $88.03, up $2.74 from the prior day. The CME Lean Hog Index fell another 68 cents on Oct. 24 to $92.27. The Tuesday PM pork carcass cutout value dropped $1.06 to $100.02 per cwt, with the rib and ham the only primals higher. Federally inspected hog slaughter for Tuesday was 492,000 head, pushing the weekly total to 985,000, up 6,000 from last week and 5,337 above the same week last year. Traders eye Wednesday for additional price signals.

Cattle Futures Mixed Ahead of Expanded Wednesday Limits

October 29, 2025, 10:52 AM EDT. Live cattle futures settled mixed on Tuesday, with nearby contracts down and deferreds up as open interest fell. The CME has expanded daily limits for live cattle ($10.75) and feeder cattle ($13.75) for Wednesday, opening the door to more activity. Cash trade started lower in NE around $230, with Tuesday bids near $228-230. Feeder futures were pressured, with back months off $9-$12 and nearbys down $1.40 to $5.05. The CME Feeder Cattle Index slid to $360.25. Box beef values were mixed; Choice rose while Select fell. Slaughter through Tuesday reached 119,000 head, week-to-date 224,000, ahead of last week but shy of last year.

Corn Eases Back as Short Covering Wanes, Futures Creep Higher

October 29, 2025, 10:48 AM EDT. Corn prices are down 1-2 cents early Wednesday, reversing early-week gains. Futures closed Tuesday off the midday highs but still in the green, about 3.25 cents higher. Short covering persisted as open interest fell 11,437 contracts. The CmdtyView national average Cash Corn price rose 3.5 cents to $3.92 1/2. Crop Progress data was not reported Monday because of the government shutdown, with traders eyeing roughly 72% harvested as of 10/26. Ahead, EIA data due Wednesday, with expectations for steady ethanol production. Brazil's ANEC estimates October corn exports at 6.19 MMT, down 0.38 MMT from prior. Nearby cash at $3.92 1/2; Dec 25 corn at $4.32, Mar 26 at $4.46, May 26 at $4.55.

Nvidia becomes first company to surpass $5 trillion market capitalization

October 29, 2025, 10:46 AM EDT. Shares of Nvidia surged as the company became the first to top a $5 trillion market capitalization, a milestone that cements its status at the epicenter of the AI era. The run reflects relentless demand for AI accelerators, data-centre expansion, and a growing ecosystem around Nvidia's chips. Analysts say the figure underscores investor confidence in Nvidia's growth trajectory, pricing power, and potential margins, while valuation risks loom. The milestone could influence index weights and fund flows, while rivals scrutinize margins and supply. For traders, the move highlights how AI demand is shaping leadership in the stock market, even as scrutiny over elevated valuations remains a talking point.

U.S. stocks hover near records as Fed decision looms

October 29, 2025, 10:45 AM EDT. U.S. stocks steadied near record highs as investors awaited the Federal Reserve decision on rates. The S&P 500 edged up about 0.3%, the Dow rose ~193 points and the Nasdaq gained around 0.7% as markets priced in a second rate cut this year and ideas about the path for December. Traders also watched the bond market before the policy announcement. Stocks have been buoyed by expectations for offsetting inflation with lower rates, though the Fed warned cuts can fuel price pressures. Corporate results helped momentum: Caterpillar jumped 9.3%, Teradyne up 19%, Nvidia up 4.9% and CVS Health up 3.1, while Mondelez slipped about 3.3%. A government shutdown and AI-driven demand across tech kept sentiment mixed.

Stocks rise as Nvidia optimism fuels gains ahead of Fed decision

October 29, 2025, 10:40 AM EDT. The S&P 500 rose 0.3%, the Nasdaq Composite gained about 0.7%, and the Dow Jones Industrial Average inched up 0.3% as markets waited for the Federal Reserve decision likely to deliver a 25-bp rate cut. Nvidia (NVDA) surged after President Trump signaled easing curbs on China, helping lift the AI-chip stock above a $5 trillion market value for the first time amid a flood of updates from its GTC event. Investors will also watch earnings from the Magnificent Seven: Alphabet (GOOG), Meta, and Microsoft (MSFT) after the bell, with Apple and Amazon on Thursday. Focus remains on AI-driven data center spending and whether results meet lofty expectations.

Goldman Sachs Raises PayPal Target to $72; Mixed Analyst Outlook for PYPL

October 29, 2025, 10:38 AM EDT. PayPal (NASDAQ: PYPL) saw The Goldman Sachs Group raise its price target from $70.00 to $72.00, while maintaining a sell rating and signaling a modest upside of about 1.26% from the prior close. The note sits among a chorus of mixed analyst views: UBS targets $80 (neutral); JMP Securities trims to $100 with a market outperform stance; BNP Paribas Exane lifts to $71 (neutral); BMO keeps a market perform view; Deutsche Bank at $75. Market consensus, per MarketBeat, shows more Hold than Buy and a $83.03 average target. In earnings, PYPL posted Q results with solid margins and guidance, underscoring a balanced near-term outlook while notable insider activity is also cited.

One warning sign that tells you when to sell AI stocks

October 29, 2025, 10:30 AM EDT. AI stocks have run hard, but a single warning sign can override conviction: deteriorating fundamentals and stretched valuations. Watch for slowing revenue growth, margin compression, and rising cash burn in unprofitable AI plays. When the market revalues growth, a drop in profitability or a failed guidance update signals high-risk sell. Use a disciplined approach: set a clear stop-loss, assess catalyst timing such as product launches or regulatory shifts, and consider trimming positions before broad-market pullbacks. Even with exciting AI stories, risk management should govern decisions to take profits or avoid overpaying in frothy conditions.

Lowe's (LOW) Featured in Latest 13F Filings as Hedge Funds Lift Holdings by 3.16%

October 29, 2025, 10:24 AM EDT. From the latest batch of 13F filings (as of 03/31/2025), Lowe's Companies Inc (LOW) was held by 13 of the 20 funds reviewed. The article notes that 13F data only show long positions, not shorts, which can obscure true bets. In this batch, 6 funds raised LOW shares while 4 trimmed positions. Across all funds in the 03/31/2025 cohort (out of 1,655 analyzed), aggregate LOW holdings rose by 439,836 shares, from 13,935,778 to 14,375,614, a gain of about 3.16%. The piece plans to continue tracking groups of managers for potential ideas, with the caveat that group ripples can be more revealing than any single filing.

Which 13F Filers Own VYM? A Look at the 9/30/2024 Filings

October 29, 2025, 10:22 AM EDT. In the latest batch of 13F filings for the 09/30/2024 period, Holdings Channel finds that VYM (Vanguard Whitehall Funds High Dividend Yield ETF) was held by 13 of the 23 funds reviewed. The piece reminds readers that 13F filings only disclose long positions, missing any bearish or short activity. Among the filers, 7 funds increased their VYM shares from 06/30/2024 to 09/30/2024, while 1 trimmed. Looking across all funds that reported owning VYM at 09/30/2024 (out of 2,447), aggregate holdings rose by 93,124 shares to 56,946,823, a roughly 0.16% increase from 56,853,699 on 06/30/2024. The article notes the leading holders and promises ongoing coverage of future filings.

Which Latest 13F Filers Hold BND? Hedge Funds Spotlight the Vanguard Total Bond Market ETF

October 29, 2025, 10:20 AM EDT. New batch of 13F filings for the 06/30/2024 period shows Vanguard Bond Index Funds – Total Bond Market ETF (BND) held by 9 of the 26 funds reviewed on Holdings Channel. Note: 13F filings disclose long positions only and omit shorts. Among the holdings, 3 funds increased their BND positions from 03/31/2024 to 06/30/2024, 2 reduced, and 1 initiated a new position. Across all funds tracked (out of 3,215), aggregate BND shares rose from 154,757,741 to 164,155,001, a gain of 9,397,260 shares or about 6.07%. The article highlights the top holders on 06/30/2024 and emphasizes looking at aggregated changes across groups of funds rather than individual filings for broader ideas.

Which Funds Held TSM in Latest 13F Filings (09/30/2024)

October 29, 2025, 10:19 AM EDT. Latest 13F batch for 09/30/2024 shows Taiwan Semiconductor (TSM) held by 14 funds. A key caveat: 13F filings reveal long positions only, not shorts. In this batch, 5 funds raised TSM shares, 6 trimmed, and 1 started a new position. Net across the 14 funds: -31,621 shares and – $5.636 million in market value. The aggregate TSM share count among the 2,003 funds reviewed fell about -5.38%, from 36,958,059 to 34,971,264. The roundup includes changes such as WD Rutherford (+4,710, +$818k) and Deltec (-14,400, -$2.508m), among others. We'll continue monitoring upcoming 13F filings for shifts in TSM ownership.

US stocks hover near records as Fed decision looms

October 29, 2025, 10:16 AM EDT. U.S. stocks hovered near fresh highs as traders awaited the Federal Reserve's afternoon decision on interest rates. The S&P 500 rose about 0.3%, the Dow gained roughly 193 points, and the Nasdaq climbed around 0.7% as all three indexes traded near record levels. Investors priced in a second rate cut this year, while seeking clues on whether the Fed will keep cutting at its December meeting. Strong earnings from Caterpillar, CVS Health, and Teradyne helped bolster sentiment, though Mondelez pressured the market with a drop tied to cocoa inflation. Nvidia led gains, joining the AI-driven surge as it neared a $5 trillion market cap, underscoring the breadth of gains even with lingering inflation constraints.

HKEX CEO: Exchanges must band together to stay relevant

October 29, 2025, 10:14 AM EDT. HKEX CEO Bonnie Chan says exchanges must band together as investors broaden options beyond equities into private markets and crypto. With Hong Kong listing activity approaching 80 IPOs in recent years and a global IPO rebound, investors seek diversification to hedge geopolitical risk and volatility. Panelists noted rising appetite for U.S. listings and faster IPO cadence in Saudi Arabia, where annual deals jumped to about 40-45. Chan emphasized a return of international investors to Hong Kong and demand for themes like AI, semiconductors and green tech. She also flagged a growing trend in new consumption, citing Labubu dolls as a case study. The core message: closer collaboration among exchanges could help markets stay relevant as investors build broader, multi-asset portfolios.

Nvidia Becomes the World's First $5 Trillion Company as AI Demand Surges

October 29, 2025, 10:12 AM EDT. New York – Nvidia became the world's first $5 trillion company, powered by feverish demand for its AI chips. The milestone arrived at Wednesday's open, less than a year after cracking $4 trillion in valuation. NVDA shares jumped about 3% at the open as the AI surge keeps the stock among the S&P 500's top performers for 2025. Optimism over U.S.-China talks on market access and CEO Jensen Huang's GTC AI conference keynote reinforced the bull case, with plans to deploy Nvidia chips across towers, factories and self-driving systems. Nvidia also announced a $100 billion investment into OpenAI and a $5 billion stake in Intel. Yet some warn the rapid AI rally could be a bubble, even as AI infrastructure spending accelerates and earnings remain strong.

Fiserv to Move Listing to Nasdaq; Shares Slump Ahead of November Switch

October 29, 2025, 10:06 AM EDT. Fiserv Inc said it will transfer its stock listing from the NYSE to Nasdaq, with trading on Nasdaq commencing November 11, 2025. The stock has fallen about 38.89% after Reuters reported the move and as investors digest the latest results. In Q3, GAAP revenue grew 1% YoY, but adjusted revenue missed expectations and adjusted EPS declined 11%. The company also announced the acquisition of CardFree and expanded the Clover platform in Canada. For 2025, Fiserv expects organic revenue growth of 3.5%-4% and adjusted EPS of $8.50-$8.60. The firm rolled out the One Fiserv plan to boost client focus; Merchant Solutions rose 5% contributing to revenue. Analysts: consensus Buy, with a 12-month target around $170; valuation sits near 11x forward earnings vs 16x three months ago.

Biogen (BIIB) Valuation Reassessed as Shares Rally: Opportunity or Risk?

October 29, 2025, 10:02 AM EDT. Biogen (BIIB) stock has regained momentum after a challenging year, with a 30-day return of 8.6% and a 90-day gain near 18%. The market is weighing whether this rebound signals a valuations reset or simply a temporary lift as investors digest Biogen's pipeline progress and the trajectory of its growth outlook. A fair-value narrative places Biogen at about $172.55 versus a last close around $149.13, suggesting the stock could be undervalued if execution meets expectations. Key drivers include demand for LEQEMBI and long-term growth from an aging population, but risks loom from multiple sclerosis competition and potential setbacks in new Alzheimer's therapies. Investors should monitor margins, sales growth, and the pace of pipeline milestones.

RBC Sees Balanced Caterpillar Outlook Amid Mid-Cycle Momentum and AI Energy Infrastructure Thesis

October 29, 2025, 9:22 AM EDT. RBC's outlook on Caterpillar signals a balanced stance amid mid-cycle momentum. Separately, the piece argues that AI's insatiable energy demand could unlock a rare infrastructure play: a company owning critical nuclear assets and specializing in EPC across oil, gas, and renewables. It's positioned as the "toll booth" for the AI energy boom, with a front-row seat to LNG exports and the push to reshore production via tariffs. The narrative weaves AI, energy, and onshoring into a single macro thesis, suggesting the stock could benefit as demand for power grows and capacity expands. While investors chase flashy AI tickers, this company allegedly stands to profit from the backbone of the digital era: electricity and the builders who supply it.

This Day in History: Black Tuesday Sparks the Great Depression on Oct. 29, 1929

October 29, 2025, 9:16 AM EDT. On Oct. 29, 1929, Black Tuesday triggered a market collapse as more than 16 million shares were dumped on the New York Stock Exchange. The plunge, amid fading Roaring Twenties exuberance, collided with agricultural downturns and eroded confidence in the banking and investment system, helping spark the Great Depression. The era of excess gave way to a decade of hardship, shaping economic policy and investor behavior for years to come.

Ardagh Metal Packaging (AMBP) Valuation After Q Results: Is It Undervalued at $4.30?

October 29, 2025, 9:14 AM EDT. Ardagh Metal Packaging (NYSE: AMBP) edged lower after its latest quarterly update, even as the stock has risen about 25.59% year-to-date. A more modest 12.24% TSR over the last year hints that momentum is cooling. The shares trade at a noticeable discount to the analyst targets, with a fair value around $4.30 versus a $3.73 close. The bull case centers on continued capacity expansion, higher plant utilization, and operating efficiency that lowers unit costs and lifts EBITDA margins as volumes ramp. Yet high leverage and volatile aluminum prices pose downside risks that could limit earnings growth. The narrative asks whether the valuation fully reflects the expected turnaround or if further upside remains unpriced.

Nokia Stock Surges 22% as Nvidia Invests $1B to Forge 6G AI Partnership

October 29, 2025, 9:12 AM EDT. Shares of Nokia jumped about 22% after Nvidia announced a $1 billion investment, making Nvidia one of Nokia's largest shareholders and forging a strategic partnership to develop 6G and AI-powered wireless networks. Nvidia will purchase more than 166 million new Nokia shares at $6.01 each, with proceeds earmarked for AI initiatives and general needs. The collaboration includes porting Nokia's 5G/6G software to run on Nvidia's chips and co-developing AI-enabled networking tech. Analysts see the deal signaling a shift for Nokia from traditional telecom gear toward AI infrastructure, with the AI-RAN market forecast to exceed $200 billion by 2030. The stock rally reflects optimism over Nokia's role in Nvidia's evolving AI strategy.

Etsy stock slides as CEO Josh Silverman steps down; Depop's Kruti Patel Goyal to take over in 2026

October 29, 2025, 8:58 AM EDT. Etsy Inc. says Josh Silverman will step down as CEO and become executive chairman by year's end, with Kruti Patel Goyal, head of Depop, set to take over on Jan. 1, 2026. The news accompanied the third-quarter earnings report, which showed a beat on revenue and earnings but a year-over-year decline in GMV (gross merchandise sales). Shares dropped more than 9% in premarket trading on the leadership shift. Silverman, a former eBay executive, steered Etsy through the pandemic-driven surge but growth has cooled amid competition from Amazon, Shopify, Temu, Shein, and TikTok Shop. Tariff-policy changes, including the end of the de minimis exception for small shipments, add further pressure on some Etsy sellers.

Agilysys Stock Surges 22% After Q2 Beat, Rises 2026 Guidance (AGYS)

October 29, 2025, 8:54 AM EDT. Agilysys (AGYS) stock jumped about 22% after the hospitality software maker beat Q2 estimates and raised full-year guidance. The company posted adjusted EPS of $0.40 vs $0.38 consensus and record revenue of $79.3 million, up 16% year over year, marking the 15th straight quarter of record revenue. Subscription revenue rose 33% YoY, now making up about 65.5% of recurring revenue, highlighting the shift to a higher-margin model. Management raised fiscal 2026 revenue guidance to $315-318 million and increased the subscription revenue growth target to 29%. The company also kept its EBITDA margin target at 20% and said it is now debt-free after paying down $24 million. Customers are buying more products per deal, aided by a cloud-native platform.

5 Things to Know Before the Market Opens: Fed Rate Cut, Nvidia Rally, and Mega-Cap Earnings

October 29, 2025, 8:42 AM EDT. Stock futures edge higher as investors await the Fed rate decision after a third straight session of record highs led by the tech rally. Nvidia keeps surging on new deals, while Microsoft, Google, and Meta prepare to report quarterly results. Caterpillar shares rise on strong earnings, and traders watch gold, bitcoin, and the 10-year yield around 3.99%. With AI themes fueling sentiment, traders expect the market to extend its run if the central bank signals a credible path for rate cuts. The session tests the outlook for the Magnificent Seven and the broader market.

Nvidia rallies on strategic deals as Fed decision looms: Morning Squawk roundup

October 29, 2025, 8:40 AM EDT. Nvidia shares surged after deals with Nokia, Eli Lilly and Lucid were announced, plus a domestic production note at its Nvidia AI summit that Blackwell GPUs are being produced in Arizona. The moves come as investors digest the Fed's upcoming 25-basis-point cut, with futures pricing in near-certainty (about 99.9%), while awaiting Powell's post-decision remarks. The government shutdown remains a wildcard for the data and timing of policy signals. The newsletter highlights Nvidia's push into AI partnerships and manufacturing, and how the broader market sits at record highs ahead of the decision, with attention to potential shifts in monetary policy and external data.