Markets
Stocks, bonds and the moves behind them.
· Markets
Brazil stock fund tumbles after Lula wins presidential run-off
The main U.S.-listed Brazil stock fund had one of its sharpest one-day falls on Monday, after Lula's run-off win led investors to drop bets on tighter government spending.
· Companies
Welltower rises 1.4% ahead of results that beat profit estimates
Welltower shares rose 1.4% in regular trading before the company reported quarterly profit well above analyst forecasts after the close. Sales landed just below estimates.
· Markets
Equal-weight S&P 500 fund outpaces the index as money spreads beyond AI
The equal-weight S&P 500 fund has beaten the standard index fund this month by the widest margin since April 2009. Reports link the gap to money spreading beyond AI stocks.
· Markets
Will the Fed change interest rates on Wednesday?
The Federal Reserve announces its interest-rate decision on Wednesday, Oct. 28. The outcome could change what savings accounts pay and what credit cards cost. Mortgages follow bond yields instead.
· Companies
Coca-Cola slides 2.8% as Abarta Coca-Cola workers go on strike
Coca-Cola shares slid on Friday after Teamsters at Abarta Coca-Cola went on strike, though a broad drop in consumer staples stocks may account for much of the move.
· Economy & Fed
Homebuilder stocks rally as Treasury yields fall on AI spending doubts
Homebuilder shares surged on Thursday as investors moved money from AI-linked stocks into Treasuries, pulling the 10-year yield down to 4.96% and raising the prospect of cheaper mortgages.
· Earnings
Nasdaq-100 slides 2.9% as space and tech stocks lose ground
The Nasdaq-100 slid 2.9%. AST SpaceMobile neared a 52-week low over a spectrum challenge, and SpaceX shares fell. Tech-heavy funds carry these swings.
· Earnings
Tesla beats third-quarter estimates after its stock rallies 3.4%
Tesla's adjusted profit and sales topped analyst forecasts after Wednesday's close, though both came in lower than a year earlier. That gives shareholders and index fund owners a mixed picture.
· Companies
SpaceX rallies after hours as quarterly results top estimates
SpaceX beat analyst forecasts for third-quarter revenue and profit per share, led by its AI computing business, and its shares rose 8.1% in after-hours trading.
· Companies
SpaceX shares rise as Musk pledges stock to U.S. children
SpaceX shares gained on Monday after Elon Musk said he plans to give stock to U.S. children in 2027, just as insiders become free to sell their own shares.
· Tech & AI
Alphabet rises 1.1% as tech shares lead a quiet Monday
Alphabet shares rose 1.1% as tech stocks led the Nasdaq-100 higher. TeraWulf's chief executive said Google backs its data centers, a sign AI spending may reach smaller suppliers.
· Markets
Can Meta Platforms' results steady technology shares after a bruising week?
Meta Platforms reports quarterly results on Wednesday, Oct. 21, after a week in which its shares slid and technology stocks fell broadly. Its outlook could reach many index funds.
· Markets
Dell leads an AI-hardware retreat as a downgrade and inflation data weigh
Dell Technologies tumbled 22.9% this week after a Barclays downgrade. Hotter wholesale inflation also lifted Fed rate-hike bets that weighed on chip and AI-hardware stocks.
· Tech & AI
Nvidia slips 1.4% on claims it pressured smaller cloud firms
Nvidia shares slid 1.4% after research firm SemiAnalysis said smaller cloud providers were kept out of an Nvidia event for adding rival chips. The claim concerns how the chipmaker treats its customers.
· Tech & AI
Nvidia falls 1.8% despite Huang saying chip orders outpace supply
Nvidia shares slid 1.8% as worries about debt-funded AI spending weighed on chip stocks, even though chief executive Jensen Huang said orders keep outrunning supply.
