Crash warning

Jamie Dimon warns of a market correction, Bitcoin and Gold seen as key reserves by 2030, Wall St hits pause on record-setting rally, Intel unveils new chip in major test for chipmaker, and Nvidia hits new high...

 

Good morning.

The Fast FiveJamie Dimon warns of a market crash, Bitcoin and Gold seen as key reserves by 2030, Wall St hits pause on record-setting rally, Intel unveils new chip in major test for chipmaker, and Nvidia hits new high

📌 Is Nvidia About to Trigger Another 150x Opportunity? Nvidia gave investors a chance to make more than 150x their money with its AI chips known as graphic processing units. Legendary investor Louis Navellier believes this new invention could be even more revolutionary and mint a new wave of millionaires. Go here to get the details » (ad)

Calendar: (*Shutdown may affect key data. All times ET) - Full Calendar

  • Today:
    Prelim Consumer Sentiment, 10A
    Prelim Inflation Expectations, 10A

  • Monday:
    Columbus Day holiday

Your 5-minute briefing for Friday, Oct 10:

BEFORE THE OPEN

As of market close 10/9/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↑ 42.92% for Week of OCT 02 2025

Previous week: 41.73%

Market Wrap:

  • Stocks eased: S&P -0.28%, Nasdaq -0.08%, Dow -0.52%.

  • Both indexes pulled back from record intraday highs.

  • Nvidia +2%, Oracle +3% as AI optimism steadied.

  • Shutdown hit day 9; Senate again failed to pass funding.

  • IRS furloughs half its staff; FAA delays flights amid shortage.

  • Delta +4% on strong earnings; Costco +3% on sales data.

  • Analysts say consumer spending remains resilient.

EARNINGS

None watched today. Full calendar here »

Forget About AI, this Could be 1,000x More Powerful

Write these three letters down: Q.P.U. 

According to Bank of America… this new tech could be the biggest revolution for humanity since discovering fire. It could change everything.

HEADLINES

Enthusiasm about artificial intelligence has propelled markets to record highs this year. But the fierce ascent has also raised concerns about a bubble.

With global markets shifting, investors are increasingly choosing Bitcoin over gold, signalling a preference for digital assets, according to analysts from JP Morgan.

  • Wall Street hits pause on record-setting rally as earnings approach (more)

  • High US stock valuations bring back memories of dotcom exuberance (more)

  • Bessent says US ended fiscal 2025 with lower deficit-to-GDP ratio (more)

  • US launches financial rescue of Argentina as Treasury buys Pesos (more)

  • Senate passes AI chip export limits on Nvidia, AMD to China (more)

  • IRS announces new federal income tax brackets for 2026 (more)

  • Modi and Starmer make pitch for trade system fraying under Trump (more)

  • Tariffs cause some China imports to crash 44% in September (more)

  • BLS recalls staff to ready September CPI report by month’s end (more)

  • US consumer goods prices rise in September (more)

  • 30-yr fixed mortgage rate falls; prospective buyers stay on the sidelines (more)

  • Oil declines with Gaza peace plan and risk-off mood in focus (more)

  • Nvidia hits new high amid report US cleared chip exports to UAE (more)

  • Intel unveils new chip in major test for ailing chipmaker (more)

  • Rare earths stocks surge after China tightens grip on global supplies (more)

  • Delta says premium travel is set to overtake economy sales next year (more)

  • VC investors leap into defense tech with limited visibility (more)

  • Nuclear startups pursue side profits from offshoot products (more)

DEALFLOW

M+A | Investments

  • Novo Nordisk to buy Akero for up to $5.2B

  • UnitedHealth to buy medical group in sign Optum’s still growing

  • AirStrip secured a $50M growth credit commitment and additional equity investment from OrbiMed

VC

  • Reflection, an open-source superintelligence lab, raised a $2B Series B funding round at an $8B valuation

  • Yendo, a company offering a vehicle-secured credit card product, raised $50M in Series B funding

  • Sensi.AI, a care intelligence company, raised $45M in Series C funding

  • Routefusion, a financial infrastructure provider, closed a $26.5M Series A funding round

  • FurtherAI, an AI platform for insurance, raised $25M in Series A funding

  • Vulcan Technologies, a reg-tech company offering advanced AI to help with regulatory drafting and compliance, raised $10.9M in Seed funding

  • Focal, an AI-powered productivity platform for financial advisors, raised $5M in funding

  • Neuronoff, a clinical-stage medical device company, raised $4.5M in funding

  • Search Party, a startup specializinb in generative engine optimization, raised $3.5M in funding

  • Mentium, an AI-native platform building “digital workers” for freight brokerages and the wider logistics sector, raised $3.2M in Seed funding

CRYPTO

  • More multi-asset crypto ETFs are on the way (more)

  • Governments weighing crypto reserves target $75 billion pot (more)

  • Bitcoin crash off the table as four-year cycle is dead: Arthur Hayes (more)

BULLISH BITES

🤔  The flip side of gold's massive year.

💎 Why diamonds are a computer chip’s new best friend.

💸 JPMorgan foots $115M tab of legal bills for co-defendant who scammed bank out of $175M.

🍣 The Michelin-starred sushi hidden inside a New York City subway station.

DAILY SHARES

What did you think of today's Briefing?

Login or Subscribe to participate in polls.

Have a comment or suggestion?
💌 Send us a message

*sponsored message

Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team. 

Reply

or to participate.